Vector Net Income From Continuing Ops vs Minority Interest Analysis
VGR Stock | USD 10.73 0.12 1.13% |
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 Net Income From Continuing Ops and its Minority Interest 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 closely tied with the direction of predictive economic indicators such as signals in price.
Net Income From Continuing Ops vs Minority Interest
Net Income From Continuing Ops vs Minority Interest Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Vector Group Net Income From Continuing Ops account and Minority Interest. At this time, the significance of the direction appears to have significant contrarian relationship.
The correlation between Vector's Net Income From Continuing Ops and Minority Interest is -0.45. Overlapping area represents the amount of variation of Net Income From Continuing Ops that can explain the historical movement of Minority Interest 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 Net Income From Continuing Ops and Minority Interest is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Net Income From Continuing Ops of Vector Group are associated (or correlated) with its Minority Interest. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Minority Interest has no effect on the direction of Net Income From Continuing Ops i.e., Vector's Net Income From Continuing Ops and Minority Interest go up and down completely randomly.
Correlation Coefficient | -0.45 |
Relationship Direction | Negative |
Relationship Strength | Very Weak |
Net Income From Continuing Ops
Minority Interest
Minority Interest is the portion of a subsidiary corporation stock that is not owned by the parent corporation. The magnitude of the minority interest in the subsidiary company is generally less than 50% of outstanding shares, otherwise the corporation would generally cease to be a subsidiary of the parent. Minority Interest can also be called non-controlling interest.All shareholders of Vector Group whose combined shares represent less than 50% of the total outstanding shares issued by Vector have a minority interest in Vector.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 closely tied 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 06/11/2024, 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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