Vector Gross Profit vs Reconciled Depreciation Analysis

VGR Stock  USD 11.02  0.08  0.72%   
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 Reconciled Depreciation 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 Reconciled Depreciation

Gross Profit vs Reconciled Depreciation 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 Reconciled Depreciation. At this time, the significance of the direction appears to have weak contrarian relationship.
The correlation between Vector's Gross Profit and Reconciled Depreciation is -0.03. Overlapping area represents the amount of variation of Gross Profit that can explain the historical movement of Reconciled Depreciation 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 Reconciled Depreciation 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 Reconciled Depreciation. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Reconciled Depreciation has no effect on the direction of Gross Profit i.e., Vector's Gross Profit and Reconciled Depreciation go up and down completely randomly.

Correlation Coefficient

-0.03
Relationship DirectionNegative 
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.

Reconciled Depreciation

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 06/04/2024, 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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Additional Tools for Vector Stock Analysis

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