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 Direction | Negative |
Relationship Strength | Insignificant |
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 Expense | 112.7M | 110.7M | 108.6M | 99.9M | Depreciation And Amortization | 16.3M | 7.2M | 10.4M | 15.1M |
Vector fundamental ratios Correlations
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Vector Account Relationship Matchups
High Positive Relationship
High Negative Relationship
Vector fundamental ratios Accounts
2019 | 2020 | 2021 | 2022 | 2023 | 2024 (projected) | ||
Total Assets | 1.5B | 1.3B | 871.1M | 908.6M | 963.5M | 806.1M | |
Short Long Term Debt Total | 1.8B | 1.4B | 1.4B | 1.4B | 1.4B | 1.5B | |
Other Current Liab | 214.0M | 265.7M | 10.2M | 7.4M | 133.7M | 76.1M | |
Total Current Liabilities | 461.1M | 283.3M | 165.3M | 175.6M | 144.9M | 232.8M | |
Total Stockholder Equity | (685.5M) | (659.7M) | (841.6M) | (807.9M) | (741.8M) | (704.7M) | |
Property Plant And Equipment Net | 231.7M | 47.5M | 47.9M | 47.3M | 54.4M | 77.4M | |
Net Debt | 1.4B | 1.1B | 1.2B | 1.2B | 1.1B | 1.2B | |
Retained Earnings | (678.5M) | (653.9M) | (852.4M) | (812.4M) | (755.9M) | (718.1M) | |
Cash | 371.3M | 258.4M | 193.4M | 224.6M | 268.6M | 189.2M | |
Non Current Assets Total | 823.5M | 679.5M | 399.3M | 416.2M | 453.9M | 382.6M | |
Non Currrent Assets Other | 54.0M | 335.9M | 32.1M | 57.2M | 73.6M | 74.0M | |
Cash And Short Term Investments | 501.0M | 394.0M | 340.1M | 341.0M | 379.5M | 263.6M | |
Net Receivables | 37.0M | 16.3M | 27.0M | 49.1M | 26.4M | 24.8M | |
Common Stock Shares Outstanding | 147.4M | 150.3M | 152.5M | 152.9M | 153.3M | 108.5M | |
Liabilities And Stockholders Equity | 1.5B | 1.3B | 871.1M | 908.6M | 963.5M | 806.1M | |
Non Current Liabilities Total | 1.7B | 1.7B | 1.5B | 1.5B | 1.6B | 815.4M | |
Inventory | 98.8M | 97.5M | 94.6M | 92.4M | 92.0M | 90.0M | |
Other Current Assets | 44.9M | 7.7M | 10.1M | 9.8M | 11.7M | 15.1M | |
Other Stockholder Equity | 448K | (21.1M) | 11.2M | 5.1M | 11.4M | 10.8M | |
Total Liab | 2.2B | 2.0B | 1.7B | 1.7B | 1.7B | 1.0B | |
Property Plant And Equipment Gross | 231.7M | 223.3M | 199.6M | 205.3M | 218.8M | 229.8M | |
Total Current Assets | 681.6M | 663.9M | 471.8M | 492.4M | 509.6M | 423.5M | |
Accumulated Other Comprehensive Income | (21.8M) | (21.1M) | (15.7M) | (16.1M) | (12.9M) | (13.6M) | |
Short Term Debt | 227.6M | 3.5M | 3.9M | 25.6M | 3.7M | 3.5M | |
Accounts Payable | 10.2M | 6.5M | 9.4M | 6.4M | 6.7M | 12.3M | |
Common Stock | 14.8M | 15.3M | 15.4M | 15.5M | 15.6M | 9.6M | |
Common Stock Total Equity | 14.8M | 15.3M | 15.4M | 15.5M | 17.8M | 9.6M | |
Other Liab | 174.8M | 171.9M | 139.9M | 145.1M | 166.9M | 179.9M | |
Current Deferred Revenue | 9.4M | 7.6M | 141.8M | 136.2M | 717K | 681.2K | |
Other Assets | 126.3M | 393.9M | 85.8M | 95.3M | 109.6M | 112.1M | |
Long Term Debt | 1.4B | 1.4B | 1.4B | 1.4B | 1.4B | 815.9M | |
Short Term Investments | 129.6M | 135.6M | 146.7M | 116.4M | 110.9M | 114.8M | |
Property Plant Equipment | 82.2M | 78.0M | 9.1M | 47.3M | 42.6M | 65.1M | |
Net Tangible Assets | (951.5M) | (659.7M) | (789.7M) | (915.4M) | (823.8M) | (865.0M) | |
Good Will | 77.1M | 77.6M | 78.0M | 31.8M | 36.5M | 54.7M | |
Retained Earnings Total Equity | (678.5M) | (653.9M) | (852.4M) | (812.4M) | (731.1M) | (694.6M) | |
Long Term Debt Total | 1.4B | 1.4B | 1.4B | 1.4B | 1.6B | 1.2B | |
Deferred Long Term Liab | 33.7M | 32.5M | 34.8M | 51.0M | 45.9M | 57.0M |
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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.