VEON Other Current Liab vs Good Will Analysis

VEON Stock  USD 25.40  0.10  0.39%   
VEON financial indicator trend analysis is much more than just breaking down VEON prevalent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether VEON is a good investment. Please check the relationship between VEON Other Current Liab and its Good Will accounts. Check out World Market Map to better understand how to build diversified portfolios, which includes a position in VEON. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in persons.
To learn how to invest in VEON Stock, please use our How to Invest in VEON guide.

Other Current Liab vs Good Will

Other Current Liab vs Good Will Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of VEON Other Current Liab account and Good Will. At this time, the significance of the direction appears to have no relationship.
The correlation between VEON's Other Current Liab and Good Will is 0.08. Overlapping area represents the amount of variation of Other Current Liab that can explain the historical movement of Good Will in the same time period over historical financial statements of VEON, assuming nothing else is changed. The correlation between historical values of VEON's Other Current Liab and Good Will is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Other Current Liab of VEON are associated (or correlated) with its Good Will. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Good Will has no effect on the direction of Other Current Liab i.e., VEON's Other Current Liab and Good Will go up and down completely randomly.

Correlation Coefficient

0.08
Relationship DirectionPositive 
Relationship StrengthInsignificant

Other Current Liab

Good Will

An intangible asset that arises when a company acquires another business for more than the fair market value of its net identifiable assets, representing the value of the brand, customer base, and other intangible factors.
Most indicators from VEON's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into VEON 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 World Market Map to better understand how to build diversified portfolios, which includes a position in VEON. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in persons.
To learn how to invest in VEON Stock, please use our How to Invest in VEON guide.At this time, VEON's Selling General Administrative is very stable compared to the past year. As of the 31st of May 2024, Enterprise Value Over EBITDA is likely to grow to 4.71, though Discontinued Operations is likely to grow to (666 M).
 2021 2022 2023 2024 (projected)
Gross Profit5.9B3.8B3.3B3.1B
Total Revenue7.8B3.8B4.3B4.1B

VEON fundamental ratios Correlations

0.310.690.90.570.950.70.770.950.2-0.070.69-0.10.98-0.570.9-0.180.950.930.940.940.910.820.910.920.12
0.310.860.11-0.190.080.36-0.120.080.240.120.020.030.38-0.24-0.010.210.070.310.080.040.010.08-0.010.03-0.07
0.690.860.470.10.50.640.280.490.350.030.36-0.040.75-0.480.41-0.060.490.670.480.470.40.40.410.43-0.06
0.90.110.470.770.840.470.760.850.01-0.180.73-0.230.82-0.430.84-0.210.870.880.960.840.890.910.860.940.21
0.57-0.190.10.770.520.090.760.54-0.36-0.230.45-0.070.44-0.110.64-0.110.570.550.680.530.640.570.570.690.46
0.950.080.50.840.520.680.760.980.24-0.190.76-0.180.93-0.590.95-0.230.990.850.940.980.960.810.960.930.05
0.70.360.640.470.090.680.390.710.430.080.250.080.78-0.460.510.060.630.530.540.680.540.520.570.53-0.32
0.77-0.120.280.760.760.760.390.81-0.04-0.050.540.10.72-0.420.83-0.080.790.790.790.810.770.590.830.790.58
0.950.080.490.850.540.980.710.810.19-0.050.66-0.060.94-0.530.94-0.150.970.860.940.990.940.820.960.930.12
0.20.240.350.01-0.360.240.43-0.040.190.230.280.050.28-0.840.090.130.250.150.070.16-0.02-0.050.140.0-0.37
-0.070.120.03-0.18-0.23-0.190.08-0.05-0.050.23-0.560.74-0.04-0.14-0.210.33-0.13-0.18-0.27-0.15-0.28-0.29-0.23-0.31-0.05
0.690.020.360.730.450.760.250.540.660.28-0.56-0.520.65-0.580.77-0.360.770.760.810.710.750.680.780.780.13
-0.10.03-0.04-0.23-0.07-0.180.080.1-0.060.050.74-0.52-0.08-0.05-0.130.44-0.13-0.26-0.29-0.16-0.26-0.43-0.26-0.330.22
0.980.380.750.820.440.930.780.720.940.28-0.040.65-0.08-0.590.86-0.150.920.910.890.930.870.770.890.870.06
-0.57-0.24-0.48-0.43-0.11-0.59-0.46-0.42-0.53-0.84-0.14-0.58-0.05-0.59-0.5-0.06-0.62-0.54-0.46-0.51-0.37-0.25-0.5-0.390.03
0.9-0.010.410.840.640.950.510.830.940.09-0.210.77-0.130.86-0.5-0.210.960.830.940.940.960.760.950.930.22
-0.180.21-0.06-0.21-0.11-0.230.06-0.08-0.150.130.33-0.360.44-0.15-0.06-0.21-0.22-0.25-0.24-0.19-0.26-0.29-0.21-0.250.26
0.950.070.490.870.570.990.630.790.970.25-0.130.77-0.130.92-0.620.96-0.220.850.940.970.950.790.950.930.09
0.930.310.670.880.550.850.530.790.860.15-0.180.76-0.260.91-0.540.83-0.250.850.910.870.830.820.880.90.31
0.940.080.480.960.680.940.540.790.940.07-0.270.81-0.290.89-0.460.94-0.240.940.910.940.960.920.960.990.18
0.940.040.470.840.530.980.680.810.990.16-0.150.71-0.160.93-0.510.94-0.190.970.870.940.960.830.980.940.13
0.910.010.40.890.640.960.540.770.94-0.02-0.280.75-0.260.87-0.370.96-0.260.950.830.960.960.870.960.970.14
0.820.080.40.910.570.810.520.590.82-0.05-0.290.68-0.430.77-0.250.76-0.290.790.820.920.830.870.840.930.03
0.91-0.010.410.860.570.960.570.830.960.14-0.230.78-0.260.89-0.50.95-0.210.950.880.960.980.960.840.960.21
0.920.030.430.940.690.930.530.790.930.0-0.310.78-0.330.87-0.390.93-0.250.930.90.990.940.970.930.960.19
0.12-0.07-0.060.210.460.05-0.320.580.12-0.37-0.050.130.220.060.030.220.260.090.310.180.130.140.030.210.19
Click cells to compare fundamentals

VEON Account Relationship Matchups

VEON fundamental ratios Accounts

201920202021202220232024 (projected)
Total Assets16.1B14.6B15.9B15.1B17.4B20.8B
Other Current Liab1.1B993M1.3B6.6B2.5B2.5B
Total Current Liabilities5.8B4.4B4.8B6.6B7.6B5.8B
Total Stockholder Equity1.2B163M586M776M892.4M847.8M
Retained Earnings(1.3B)(1.9B)(1.2B)(1.4B)(1.3B)(1.2B)
Accounts Payable1.8B2.0B2.0B1.1B1.3B1.7B
Cash1.3B1.6B2.3B3.1B3.6B2.1B
Other Assets297M365M444M473M544.0M603.0M
Long Term Debt10.0B6.6B7.8B7.6B8.7B9.2B
Short Term Investments82M165M86M904M1.0B1.1B
Inventory141M169M111M18M20.7M19.7M
Total Liab13.8B13.5B14.4B14.3B16.5B15.8B
Intangible Assets5.7B4.2B1.7B1.6B1.8B3.5B
Property Plant Equipment7.3B6.9B6.7B4.4B5.1B7.0B
Other Liab312M296M238M164M188.6M179.2M
Good Will4.0B2.7B1.5B394M453.1M430.4M
Short Long Term Debt Total10.3B10.1B10.6B7.6B6.8B10.1B
Property Plant And Equipment Net7.3B6.9B6.7B4.4B4.0B6.4B
Current Deferred Revenue225M216M212M159M143.1M135.9M
Net Debt9.1B8.5B8.4B4.5B4.0B3.8B
Non Current Assets Total13.6B11.7B10.5B5.3B4.8B4.5B
Non Currrent Assets Other163M179M216M473M128M235.6M
Cash And Short Term Investments1.3B1.8B2.3B4.0B4.6B3.1B
Net Receivables644M645M920M446M577M924.7M
Liabilities And Stockholders Equity16.1B14.6B15.9B15.1B13.6B20.1B
Non Current Liabilities Total8.1B9.1B9.6B7.7B7.0B10.0B
Other Stockholder Equity11.3B11.3B12.8B13.0B14.9B10.3B
Property Plant And Equipment Gross7.3B6.9B16.5B6.8B7.9B9.9B
Total Current Assets2.5B2.9B5.4B9.8B11.3B7.0B
Accumulated Other Comprehensive Income(10.2B)(10.7B)(10.9B)(10.8B)(9.7B)(9.2B)
Short Term Debt2.6B1.2B1.2B2.8B3.3B1.9B
Net Tangible Assets(4.5B)(4.0B)(2.7B)382M439.3M461.3M
Deferred Long Term Liab83M101M128M149M171.4M179.9M
Long Term Investments235M305M99M71M63.9M60.7M

Building efficient market-beating portfolios requires time, education, and a lot of computing power!

The Portfolio Architect is an AI-driven system that provides multiple benefits to our users by leveraging cutting-edge machine learning algorithms, statistical analysis, and predictive modeling to automate the process of asset selection and portfolio construction, saving time and reducing human error for individual and institutional investors.

Try AI Portfolio Architect
When determining whether VEON offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of VEON's financial statements, including income statements, balance sheets, and cash flow statements, to assess its financial health. Key financial ratios are used to gauge profitability, efficiency, and growth potential of Veon Stock. Outlined below are crucial reports that will aid in making a well-informed decision on Veon Stock:
Check out World Market Map to better understand how to build diversified portfolios, which includes a position in VEON. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in persons.
To learn how to invest in VEON Stock, please use our How to Invest in VEON guide.
You can also try the FinTech Suite module to use AI to screen and filter profitable investment opportunities.

Complementary Tools for VEON Stock analysis

When running VEON's price analysis, check to measure VEON's market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy VEON is operating at the current time. Most of VEON's value examination focuses on studying past and present price action to predict the probability of VEON's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move VEON's price. Additionally, you may evaluate how the addition of VEON to your portfolios can decrease your overall portfolio volatility.
Theme Ratings
Determine theme ratings based on digital equity recommendations. Macroaxis theme ratings are based on combination of fundamental analysis and risk-adjusted market performance
Global Correlations
Find global opportunities by holding instruments from different markets
Efficient Frontier
Plot and analyze your portfolio and positions against risk-return landscape of the market.
Pattern Recognition
Use different Pattern Recognition models to time the market across multiple global exchanges
Balance Of Power
Check stock momentum by analyzing Balance Of Power indicator and other technical ratios
Portfolio Anywhere
Track or share privately all of your investments from the convenience of any device
Is VEON'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 VEON. If investors know VEON 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 VEON 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
0.75
Earnings Share
4.36
Revenue Per Share
52.656
Quarterly Revenue Growth
0.066
Return On Assets
0.0494
The market value of VEON is measured differently than its book value, which is the value of VEON that is recorded on the company's balance sheet. Investors also form their own opinion of VEON's value that differs from its market value or its book value, called intrinsic value, which is VEON'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 VEON's market value can be influenced by many factors that don't directly affect VEON'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 VEON's value and its price as these two are different measures arrived at by different means. Investors typically determine if VEON is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, VEON'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.