National Common Stock Shares Outstanding vs Other Assets Analysis

EYE Stock  USD 15.78  0.23  1.44%   
National Vision financial indicator trend analysis is infinitely more than just investigating National Vision Holdings recent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether National Vision Holdings is a good investment. Please check the relationship between National Vision Common Stock Shares Outstanding and its Other Assets accounts. Check out Investing Opportunities to better understand how to build diversified portfolios, which includes a position in National Vision Holdings. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in manufacturing.

Common Stock Shares Outstanding vs Other Assets

Common Stock Shares Outstanding vs Other Assets Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of National Vision Holdings Common Stock Shares Outstanding account and Other Assets. At this time, the significance of the direction appears to have weak relationship.
The correlation between National Vision's Common Stock Shares Outstanding and Other Assets is 0.39. Overlapping area represents the amount of variation of Common Stock Shares Outstanding that can explain the historical movement of Other Assets in the same time period over historical financial statements of National Vision Holdings, assuming nothing else is changed. The correlation between historical values of National Vision's Common Stock Shares Outstanding and Other Assets is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Common Stock Shares Outstanding of National Vision Holdings are associated (or correlated) with its Other Assets. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Other Assets has no effect on the direction of Common Stock Shares Outstanding i.e., National Vision's Common Stock Shares Outstanding and Other Assets go up and down completely randomly.

Correlation Coefficient

0.39
Relationship DirectionPositive 
Relationship StrengthVery Weak

Common Stock Shares Outstanding

The total number of shares of a company's common stock that are currently owned by all its shareholders.

Other Assets

Most indicators from National Vision's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into National Vision Holdings current financial condition. On the other hand, looking into the entire matrix of fundamental ratios indicators, and analyzing their relationships over time can provide a more complete picture of the company financial strength now and in the future. Check out Investing Opportunities to better understand how to build diversified portfolios, which includes a position in National Vision Holdings. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in manufacturing.
The current year's Tax Provision is expected to grow to about 4.3 M, whereas Selling General Administrative is forecasted to decline to about 697.7 M.
 2021 2022 2023 2024 (projected)
Gross Profit1.2B1.1B1.0B922.7M
Total Revenue2.1B2.0B2.1B1.7B

National Vision fundamental ratios Correlations

0.80.620.80.760.81-0.790.720.790.660.040.770.770.710.77-0.060.39-0.680.710.64-0.430.74-0.670.440.750.84
0.80.840.940.980.93-0.90.950.980.880.160.940.960.880.98-0.180.74-0.790.880.89-0.530.91-0.770.70.930.89
0.620.840.670.770.63-0.630.70.810.580.530.710.770.810.82-0.210.69-0.380.810.6-0.370.56-0.370.930.60.61
0.80.940.670.970.92-0.870.910.910.91-0.070.90.950.830.910.020.69-0.850.830.88-0.540.93-0.810.540.950.87
0.760.980.770.970.91-0.870.940.960.940.130.950.970.820.97-0.160.79-0.820.820.94-0.530.93-0.80.660.940.87
0.810.930.630.920.91-0.950.920.930.85-0.090.910.890.80.91-0.20.55-0.880.80.86-0.470.95-0.880.40.970.95
-0.79-0.9-0.63-0.87-0.87-0.95-0.88-0.93-0.8-0.11-0.81-0.78-0.67-0.930.05-0.420.9-0.67-0.790.56-0.940.9-0.41-0.94-0.96
0.720.950.70.910.940.92-0.880.910.910.060.890.930.790.93-0.180.71-0.860.790.93-0.680.93-0.840.570.940.87
0.790.980.810.910.960.93-0.930.910.860.240.930.90.790.99-0.220.67-0.810.790.88-0.470.92-0.80.640.940.93
0.660.880.580.910.940.85-0.80.910.860.020.890.890.670.89-0.190.72-0.870.670.94-0.60.91-0.850.490.90.81
0.040.160.53-0.070.13-0.09-0.110.060.240.020.060.01-0.070.29-0.110.160.07-0.070.03-0.21-0.030.040.61-0.050.09
0.770.940.710.90.950.91-0.810.890.930.890.060.940.80.91-0.380.77-0.80.80.93-0.430.89-0.790.550.90.87
0.770.960.770.950.970.89-0.780.930.90.890.010.940.90.9-0.20.83-0.730.90.92-0.50.87-0.70.670.890.81
0.710.880.810.830.820.8-0.670.790.790.67-0.070.80.90.76-0.170.7-0.51.00.68-0.290.68-0.470.680.750.66
0.770.980.820.910.970.91-0.930.930.990.890.290.910.90.76-0.150.69-0.830.760.89-0.590.92-0.820.680.930.91
-0.06-0.18-0.210.02-0.16-0.20.05-0.18-0.22-0.19-0.11-0.38-0.2-0.17-0.15-0.270.01-0.17-0.31-0.25-0.10.07-0.07-0.12-0.19
0.390.740.690.690.790.55-0.420.710.670.720.160.770.830.70.69-0.27-0.450.70.8-0.350.61-0.40.750.630.44
-0.68-0.79-0.38-0.85-0.82-0.880.9-0.86-0.81-0.870.07-0.8-0.73-0.5-0.830.01-0.45-0.5-0.840.67-0.950.99-0.22-0.92-0.89
0.710.880.810.830.820.8-0.670.790.790.67-0.070.80.91.00.76-0.170.7-0.50.68-0.290.68-0.470.680.750.66
0.640.890.60.880.940.86-0.790.930.880.940.030.930.920.680.89-0.310.8-0.840.68-0.530.93-0.820.50.920.83
-0.43-0.53-0.37-0.54-0.53-0.470.56-0.68-0.47-0.6-0.21-0.43-0.5-0.29-0.59-0.25-0.350.67-0.29-0.53-0.550.66-0.4-0.51-0.52
0.740.910.560.930.930.95-0.940.930.920.91-0.030.890.870.680.92-0.10.61-0.950.680.93-0.55-0.930.390.990.93
-0.67-0.77-0.37-0.81-0.8-0.880.9-0.84-0.8-0.850.04-0.79-0.7-0.47-0.820.07-0.40.99-0.47-0.820.66-0.93-0.19-0.9-0.9
0.440.70.930.540.660.4-0.410.570.640.490.610.550.670.680.68-0.070.75-0.220.680.5-0.40.39-0.190.420.38
0.750.930.60.950.940.97-0.940.940.940.9-0.050.90.890.750.93-0.120.63-0.920.750.92-0.510.99-0.90.420.93
0.840.890.610.870.870.95-0.960.870.930.810.090.870.810.660.91-0.190.44-0.890.660.83-0.520.93-0.90.380.93
Click cells to compare fundamentals

National Vision Account Relationship Matchups

National Vision fundamental ratios Accounts

201920202021202220232024 (projected)
Common Stock Shares Outstanding81.7M82.8M96.1M80.3M78.3M83.7M
Total Assets2.0B2.3B2.3B2.3B2.3B2.1B
Short Long Term Debt Total953.4M1.0B973.3M1.0B923.5M920.9M
Other Current Liab82.8M110.3M119.3M94.2M123.3M99.6M
Total Current Liabilities273.2M328.7M343.8M344.3M397.7M302.9M
Total Stockholder Equity776.4M906.5M926.0M901.1M829.4M798.1M
Other Liab93.8M111.5M115.0M124.4M111.9M107.8M
Net Tangible Assets(298.7M)187.0M(134.2M)228.0M262.2M275.3M
Property Plant And Equipment Net714.9M681.4M701.3M742.6M769.1M578.4M
Current Deferred Revenue83.9M91.6M95.2M103.4M111.0M99.0M
Net Debt914.1M667.2M667.5M773.4M773.6M782.8M
Retained Earnings107.1M142.9M278.4M320.5M254.6M144.6M
Accounts Payable40.8M64.9M64.3M65.3M67.6M55.7M
Cash39.3M373.9M305.8M229.4M149.9M138.1M
Non Current Assets Total1.8B1.8B1.8B1.8B1.9B1.8B
Non Currrent Assets Other8.1M17.7M17.0M(73.1M)27.2M28.6M
Other Assets8.1M17.7M17.0M22.0M25.3M14.0M
Long Term Debt555.9M624.6M543.6M563.4M450.8M472.5M
Cash And Short Term Investments39.3M373.9M305.8M229.4M149.9M138.1M
Net Receivables44.5M58.0M55.7M79.9M86.9M59.0M
Common Stock Total Equity805K821K838K842K968.3K819.1K
Long Term Debt Total555.9M651.8M566.1M563.4M507.0M494.9M
Liabilities And Stockholders Equity2.0B2.3B2.3B2.3B2.3B2.1B
Non Current Liabilities Total983.1M1.1B1.0B1.0B1.1B1.0B
Capital Surpluse700.1M795.7M750.5M767.1M882.2M709.9M
Inventory127.6M111.3M123.7M123.2M119.9M119.1M
Other Current Assets23.3M23.5M29.4M41.4M40.0M30.7M
Other Stockholder Equity672.3M767.2M648.7M580.9M574.4M658.8M
Total Liab1.3B1.4B1.4B1.4B1.5B1.3B
Property Plant And Equipment Gross714.9M681.4M701.3M742.6M1.3B1.4B
Short Long Term Debt13.8M3.6M4.0M4.1M10.5M7.3M
Total Current Assets234.6M566.7M514.6M473.8M396.7M346.9M
Accumulated Other Comprehensive Income(3.8M)(4.4M)(1.9M)(1.2M)(419K)(440.0K)
Short Term Debt65.7M62.0M64.9M81.3M95.9M48.8M
Intangible Assets297.5M290.1M282.6M275.2M260.8M238.1M
Common Stock805K821K838K842K848K831.7K
Property Plant Equipment714.9M681.4M701.3M742.6M854.0M544.7M
Capital Lease Obligations383.7M412.9M429.7M435.3M462.2M297.4M

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When determining whether National Vision Holdings is a strong investment it is important to analyze National Vision's competitive position within its industry, examining market share, product or service uniqueness, and competitive advantages. Beyond financials and market position, potential investors should also consider broader economic conditions, industry trends, and any regulatory or geopolitical factors that may impact National Vision's future performance. For an informed investment choice regarding National Stock, refer to the following important reports:
Check out Investing Opportunities to better understand how to build diversified portfolios, which includes a position in National Vision Holdings. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in manufacturing.
You can also try the Headlines Timeline module to stay connected to all market stories and filter out noise. Drill down to analyze hype elasticity.

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Is National Vision's industry expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of National Vision. If investors know National will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about National Vision listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Quarterly Earnings Growth
(0.34)
Earnings Share
(0.88)
Revenue Per Share
27.46
Quarterly Revenue Growth
0.042
Return On Assets
0.0099
The market value of National Vision Holdings is measured differently than its book value, which is the value of National that is recorded on the company's balance sheet. Investors also form their own opinion of National Vision's value that differs from its market value or its book value, called intrinsic value, which is National Vision's true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because National Vision's market value can be influenced by many factors that don't directly affect National Vision's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between National Vision's value and its price as these two are different measures arrived at by different means. Investors typically determine if National Vision is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, National Vision's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.