Vector Gross Profit vs Net Income Analysis

VGR Stock  USD 11.02  0.18  1.66%   
Vector financial indicator trend analysis is much more than just breaking down Vector Group prevalent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Vector Group is a good investment. Please check the relationship between Vector Gross Profit and its Net Income accounts. Check out World Market Map to better understand how to build diversified portfolios, which includes a position in Vector Group. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in price.

Gross Profit vs Net Income

Gross Profit vs Net Income Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Vector Group Gross Profit account and Net Income. At this time, the significance of the direction appears to have almost no relationship.
The correlation between Vector's Gross Profit and Net Income is 0.12. Overlapping area represents the amount of variation of Gross Profit that can explain the historical movement of Net Income in the same time period over historical financial statements of Vector Group, assuming nothing else is changed. The correlation between historical values of Vector's Gross Profit and Net Income is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Gross Profit of Vector Group are associated (or correlated) with its Net Income. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Net Income has no effect on the direction of Gross Profit i.e., Vector's Gross Profit and Net Income go up and down completely randomly.

Correlation Coefficient

0.12
Relationship DirectionPositive 
Relationship StrengthInsignificant

Gross Profit

Gross profit is a required income statement account that reflects total revenue of Vector Group minus its cost of goods sold. It is profit before Vector operating expenses, interest payments and taxes. Gross profit is also known as gross margin. The profit a company makes after deducting the costs associated with making and selling its products, or the costs associated with providing its services.

Net Income

Net income is one of the most important fundamental items in finance. It plays a large role in Vector Group financial statement analysis. It represents the amount of money remaining after all of Vector Group operating expenses, interest, taxes and preferred stock dividends have been deducted from a company total revenue.
Most indicators from Vector's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Vector Group 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 Vector Group. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in price.
At this time, Vector's Selling General Administrative is relatively stable compared to the past year. As of 05/29/2024, Sales General And Administrative To Revenue is likely to grow to 0.14, while Tax Provision is likely to drop slightly above 46.3 M.
 2021 2022 2023 2024 (projected)
Interest Expense112.7M110.7M108.6M99.9M
Depreciation And Amortization16.3M7.2M10.4M15.1M

Vector fundamental ratios Correlations

0.530.150.66-0.140.580.37-0.10.80.970.290.92-0.210.720.710.140.68-0.090.790.070.960.560.89-0.60.610.56
0.530.290.41-0.890.50.97-0.870.480.520.230.50.110.750.860.020.35-0.150.870.780.50.340.38-0.660.870.85
0.150.290.35-0.290.360.34-0.29-0.050.210.68-0.09-0.260.090.250.39-0.01-0.40.30.530.060.15-0.13-0.140.20.23
0.660.410.35-0.110.650.29-0.080.610.640.290.58-0.190.280.330.380.52-0.420.530.10.640.890.57-0.310.260.21
-0.14-0.89-0.29-0.11-0.2-0.951.0-0.12-0.15-0.22-0.11-0.15-0.62-0.72-0.010.010.16-0.67-0.91-0.11-0.030.010.54-0.79-0.79
0.580.50.360.65-0.20.43-0.190.430.65-0.110.450.10.30.40.170.75-0.060.510.280.450.680.57-0.250.310.28
0.370.970.340.29-0.950.43-0.940.250.40.220.30.140.70.81-0.030.26-0.120.80.870.310.20.25-0.570.850.84
-0.1-0.87-0.29-0.081.0-0.19-0.94-0.08-0.11-0.21-0.07-0.16-0.59-0.690.020.030.15-0.64-0.91-0.07-0.010.040.5-0.77-0.78
0.80.48-0.050.61-0.120.430.25-0.080.660.120.93-0.050.540.580.190.45-0.160.66-0.070.910.660.63-0.560.450.42
0.970.520.210.64-0.150.650.4-0.110.660.270.81-0.20.70.690.090.730.010.760.120.850.510.91-0.530.610.56
0.290.230.680.29-0.22-0.110.22-0.210.120.270.12-0.540.230.320.32-0.22-0.50.360.350.3-0.01-0.05-0.310.290.28
0.920.5-0.090.58-0.110.450.3-0.070.930.810.12-0.130.670.660.090.61-0.140.73-0.040.980.590.81-0.610.560.52
-0.210.11-0.26-0.19-0.150.10.14-0.16-0.05-0.2-0.54-0.13-0.030.03-0.190.040.42-0.01-0.04-0.210.05-0.150.210.020.0
0.720.750.090.28-0.620.30.7-0.590.540.70.230.67-0.030.950.120.35-0.030.920.470.680.170.59-0.80.960.94
0.710.860.250.33-0.720.40.81-0.690.580.690.320.660.030.950.090.36-0.10.980.590.680.270.5-0.730.980.96
0.140.020.390.38-0.010.17-0.030.020.190.090.320.09-0.190.120.09-0.29-0.630.170.110.190.17-0.1-0.490.060.05
0.680.35-0.010.520.010.750.260.030.450.73-0.220.610.040.350.36-0.290.20.44-0.010.570.590.81-0.110.290.26
-0.09-0.15-0.4-0.420.16-0.06-0.120.15-0.160.01-0.5-0.140.42-0.03-0.1-0.630.2-0.19-0.33-0.21-0.290.130.39-0.11-0.11
0.790.870.30.53-0.670.510.8-0.640.660.760.360.73-0.010.920.980.170.44-0.190.550.760.450.58-0.730.940.91
0.070.780.530.1-0.910.280.87-0.91-0.070.120.35-0.04-0.040.470.590.11-0.01-0.330.550.0-0.05-0.08-0.50.660.68
0.960.50.060.64-0.110.450.31-0.070.910.850.30.98-0.210.680.680.190.57-0.210.760.00.580.79-0.640.570.52
0.560.340.150.89-0.030.680.2-0.010.660.51-0.010.590.050.170.270.170.59-0.290.45-0.050.580.53-0.090.170.13
0.890.38-0.130.570.010.570.250.040.630.91-0.050.81-0.150.590.5-0.10.810.130.58-0.080.790.53-0.410.460.42
-0.6-0.66-0.14-0.310.54-0.25-0.570.5-0.56-0.53-0.31-0.610.21-0.8-0.73-0.49-0.110.39-0.73-0.5-0.64-0.09-0.41-0.75-0.73
0.610.870.20.26-0.790.310.85-0.770.450.610.290.560.020.960.980.060.29-0.110.940.660.570.170.46-0.750.99
0.560.850.230.21-0.790.280.84-0.780.420.560.280.520.00.940.960.050.26-0.110.910.680.520.130.42-0.730.99
Click cells to compare fundamentals

Vector Account Relationship Matchups

Vector fundamental ratios Accounts

201920202021202220232024 (projected)
Total Assets1.5B1.3B871.1M908.6M963.5M806.1M
Short Long Term Debt Total1.8B1.4B1.4B1.4B1.4B1.5B
Other Current Liab214.0M265.7M10.2M7.4M133.7M76.1M
Total Current Liabilities461.1M283.3M165.3M175.6M144.9M232.8M
Total Stockholder Equity(685.5M)(659.7M)(841.6M)(807.9M)(741.8M)(704.7M)
Property Plant And Equipment Net231.7M47.5M47.9M47.3M54.4M77.4M
Net Debt1.4B1.1B1.2B1.2B1.1B1.2B
Retained Earnings(678.5M)(653.9M)(852.4M)(812.4M)(755.9M)(718.1M)
Cash371.3M258.4M193.4M224.6M268.6M189.2M
Non Current Assets Total823.5M679.5M399.3M416.2M453.9M382.6M
Non Currrent Assets Other54.0M335.9M32.1M57.2M73.6M74.0M
Cash And Short Term Investments501.0M394.0M340.1M341.0M379.5M263.6M
Net Receivables37.0M16.3M27.0M49.1M26.4M24.8M
Common Stock Shares Outstanding147.4M150.3M152.5M152.9M153.3M108.5M
Liabilities And Stockholders Equity1.5B1.3B871.1M908.6M963.5M806.1M
Non Current Liabilities Total1.7B1.7B1.5B1.5B1.6B815.4M
Inventory98.8M97.5M94.6M92.4M92.0M90.0M
Other Current Assets44.9M7.7M10.1M9.8M11.7M15.1M
Other Stockholder Equity448K(21.1M)11.2M5.1M11.4M10.8M
Total Liab2.2B2.0B1.7B1.7B1.7B1.0B
Property Plant And Equipment Gross231.7M223.3M199.6M205.3M218.8M229.8M
Total Current Assets681.6M663.9M471.8M492.4M509.6M423.5M
Accumulated Other Comprehensive Income(21.8M)(21.1M)(15.7M)(16.1M)(12.9M)(13.6M)
Short Term Debt227.6M3.5M3.9M25.6M3.7M3.5M
Accounts Payable10.2M6.5M9.4M6.4M6.7M12.3M
Common Stock14.8M15.3M15.4M15.5M15.6M9.6M
Common Stock Total Equity14.8M15.3M15.4M15.5M17.8M9.6M
Other Liab174.8M171.9M139.9M145.1M166.9M179.9M
Current Deferred Revenue9.4M7.6M141.8M136.2M717K681.2K
Other Assets126.3M393.9M85.8M95.3M109.6M112.1M
Long Term Debt1.4B1.4B1.4B1.4B1.4B815.9M
Short Term Investments129.6M135.6M146.7M116.4M110.9M114.8M
Property Plant Equipment82.2M78.0M9.1M47.3M42.6M65.1M
Net Tangible Assets(951.5M)(659.7M)(789.7M)(915.4M)(823.8M)(865.0M)
Good Will77.1M77.6M78.0M31.8M36.5M54.7M
Retained Earnings Total Equity(678.5M)(653.9M)(852.4M)(812.4M)(731.1M)(694.6M)
Long Term Debt Total1.4B1.4B1.4B1.4B1.6B1.2B
Deferred Long Term Liab33.7M32.5M34.8M51.0M45.9M57.0M

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When determining whether Vector Group is a strong investment it is important to analyze Vector'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 Vector's future performance. For an informed investment choice regarding Vector Stock, refer to the following important reports:
Check out World Market Map to better understand how to build diversified portfolios, which includes a position in Vector Group. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in price.
Note that the Vector Group information on this page should be used as a complementary analysis to other Vector's statistical models used to find the right mix of equity instruments to add to your existing portfolios or create a brand new portfolio. You can also try the Portfolio Diagnostics module to use generated alerts and portfolio events aggregator to diagnose current holdings.

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When running Vector's price analysis, check to measure Vector'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 Vector is operating at the current time. Most of Vector's value examination focuses on studying past and present price action to predict the probability of Vector's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Vector's price. Additionally, you may evaluate how the addition of Vector to your portfolios can decrease your overall portfolio volatility.
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Is Vector'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 Vector. If investors know Vector 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 Vector listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Dividend Share
0.8
Earnings Share
1.18
Revenue Per Share
6.134
Quarterly Revenue Growth
0.011
Return On Assets
0.2211
The market value of Vector Group is measured differently than its book value, which is the value of Vector that is recorded on the company's balance sheet. Investors also form their own opinion of Vector's value that differs from its market value or its book value, called intrinsic value, which is Vector'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 Vector's market value can be influenced by many factors that don't directly affect Vector'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 Vector's value and its price as these two are different measures arrived at by different means. Investors typically determine if Vector is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Vector'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.