Vector Other Operating Expenses vs Net Income 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 Other Operating Expenses 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.

Other Operating Expenses vs Net Income

Other Operating Expenses vs Net Income Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Vector Group Other Operating Expenses account and Net Income. At this time, the significance of the direction appears to have weak contrarian relationship.

The correlation between Vector's Other Operating Expenses and Net Income is -0.18. Overlapping area represents the amount of variation of Other Operating Expenses 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 Other Operating Expenses 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 Other Operating Expenses 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 Other Operating Expenses i.e., Vector's Other Operating Expenses and Net Income go up and down completely randomly.

Correlation Coefficient

-0.18

Relationship Direction	Negative
Relationship Strength	Insignificant

View All Relationships

Other Operating Expenses

Other Operating Expenses is the expense which generally does not depend on sales or production quantities of Vector Group. It is also known as Vector overhead expenses. Typically these expenses include marketing, rent and utilities, office, leases, and other overhead cost. Expenses incurred from non-core business activities, including administrative and general expenses, but excluding costs directly related to production.

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 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

Interest Expense Depreciation And Amortization

Vector fundamental ratios Correlations

	Total Assets	Short Long Term Debt Total	Other Current Liab	Total Current Liabilities	Total Stockholder Equity	Property Plant And Equipment Net	Net Debt	Retained Earnings	Cash	Non Current Assets Total	Non Currrent Assets Other	Cash And Short Term Investments	Net Receivables	Common Stock Shares Outstanding	Non Current Liabilities Total	Inventory	Other Current Assets	Other Stockholder Equity	Total Liab	Property Plant And Equipment Gross	Total Current Assets	Short Term Debt	Intangible Assets	Accounts Payable	Common Stock	Common Stock Total Equity
Total Assets		0.53	0.15	0.66	-0.14	0.58	0.37	-0.1	0.8	0.97	0.29	0.92	-0.21	0.72	0.71	0.14	0.68	-0.09	0.79	0.07	0.96	0.56	0.89	-0.6	0.61	0.56
Short Long Term Debt Total	0.53		0.29	0.41	-0.89	0.5	0.97	-0.87	0.48	0.52	0.23	0.5	0.11	0.75	0.86	0.02	0.35	-0.15	0.87	0.78	0.5	0.34	0.38	-0.66	0.87	0.85
Other Current Liab	0.15	0.29		0.35	-0.29	0.36	0.34	-0.29	-0.05	0.21	0.68	-0.09	-0.26	0.09	0.25	0.39	-0.01	-0.4	0.3	0.53	0.06	0.15	-0.13	-0.14	0.2	0.23
Total Current Liabilities	0.66	0.41	0.35		-0.11	0.65	0.29	-0.08	0.61	0.64	0.29	0.58	-0.19	0.28	0.33	0.38	0.52	-0.42	0.53	0.1	0.64	0.89	0.57	-0.31	0.26	0.21
Total Stockholder Equity	-0.14	-0.89	-0.29	-0.11		-0.2	-0.95	1.0	-0.12	-0.15	-0.22	-0.11	-0.15	-0.62	-0.72	-0.01	0.01	0.16	-0.67	-0.91	-0.11	-0.03	0.01	0.54	-0.79	-0.79
Property Plant And Equipment Net	0.58	0.5	0.36	0.65	-0.2		0.43	-0.19	0.43	0.65	-0.11	0.45	0.1	0.3	0.4	0.17	0.75	-0.06	0.51	0.28	0.45	0.68	0.57	-0.25	0.31	0.28
Net Debt	0.37	0.97	0.34	0.29	-0.95	0.43		-0.94	0.25	0.4	0.22	0.3	0.14	0.7	0.81	-0.03	0.26	-0.12	0.8	0.87	0.31	0.2	0.25	-0.57	0.85	0.84
Retained Earnings	-0.1	-0.87	-0.29	-0.08	1.0	-0.19	-0.94		-0.08	-0.11	-0.21	-0.07	-0.16	-0.59	-0.69	0.02	0.03	0.15	-0.64	-0.91	-0.07	-0.01	0.04	0.5	-0.77	-0.78
Cash	0.8	0.48	-0.05	0.61	-0.12	0.43	0.25	-0.08		0.66	0.12	0.93	-0.05	0.54	0.58	0.19	0.45	-0.16	0.66	-0.07	0.91	0.66	0.63	-0.56	0.45	0.42
Non Current Assets Total	0.97	0.52	0.21	0.64	-0.15	0.65	0.4	-0.11	0.66		0.27	0.81	-0.2	0.7	0.69	0.09	0.73	0.01	0.76	0.12	0.85	0.51	0.91	-0.53	0.61	0.56
Non Currrent Assets Other	0.29	0.23	0.68	0.29	-0.22	-0.11	0.22	-0.21	0.12	0.27		0.12	-0.54	0.23	0.32	0.32	-0.22	-0.5	0.36	0.35	0.3	-0.01	-0.05	-0.31	0.29	0.28
Cash And Short Term Investments	0.92	0.5	-0.09	0.58	-0.11	0.45	0.3	-0.07	0.93	0.81	0.12		-0.13	0.67	0.66	0.09	0.61	-0.14	0.73	-0.04	0.98	0.59	0.81	-0.61	0.56	0.52
Net Receivables	-0.21	0.11	-0.26	-0.19	-0.15	0.1	0.14	-0.16	-0.05	-0.2	-0.54	-0.13		-0.03	0.03	-0.19	0.04	0.42	-0.01	-0.04	-0.21	0.05	-0.15	0.21	0.02	0.0
Common Stock Shares Outstanding	0.72	0.75	0.09	0.28	-0.62	0.3	0.7	-0.59	0.54	0.7	0.23	0.67	-0.03		0.95	0.12	0.35	-0.03	0.92	0.47	0.68	0.17	0.59	-0.8	0.96	0.94
Non Current Liabilities Total	0.71	0.86	0.25	0.33	-0.72	0.4	0.81	-0.69	0.58	0.69	0.32	0.66	0.03	0.95		0.09	0.36	-0.1	0.98	0.59	0.68	0.27	0.5	-0.73	0.98	0.96
Inventory	0.14	0.02	0.39	0.38	-0.01	0.17	-0.03	0.02	0.19	0.09	0.32	0.09	-0.19	0.12	0.09		-0.29	-0.63	0.17	0.11	0.19	0.17	-0.1	-0.49	0.06	0.05
Other Current Assets	0.68	0.35	-0.01	0.52	0.01	0.75	0.26	0.03	0.45	0.73	-0.22	0.61	0.04	0.35	0.36	-0.29		0.2	0.44	-0.01	0.57	0.59	0.81	-0.11	0.29	0.26
Other Stockholder Equity	-0.09	-0.15	-0.4	-0.42	0.16	-0.06	-0.12	0.15	-0.16	0.01	-0.5	-0.14	0.42	-0.03	-0.1	-0.63	0.2		-0.19	-0.33	-0.21	-0.29	0.13	0.39	-0.11	-0.11
Total Liab	0.79	0.87	0.3	0.53	-0.67	0.51	0.8	-0.64	0.66	0.76	0.36	0.73	-0.01	0.92	0.98	0.17	0.44	-0.19		0.55	0.76	0.45	0.58	-0.73	0.94	0.91
Property Plant And Equipment Gross	0.07	0.78	0.53	0.1	-0.91	0.28	0.87	-0.91	-0.07	0.12	0.35	-0.04	-0.04	0.47	0.59	0.11	-0.01	-0.33	0.55		0.0	-0.05	-0.08	-0.5	0.66	0.68
Total Current Assets	0.96	0.5	0.06	0.64	-0.11	0.45	0.31	-0.07	0.91	0.85	0.3	0.98	-0.21	0.68	0.68	0.19	0.57	-0.21	0.76	0.0		0.58	0.79	-0.64	0.57	0.52
Short Term Debt	0.56	0.34	0.15	0.89	-0.03	0.68	0.2	-0.01	0.66	0.51	-0.01	0.59	0.05	0.17	0.27	0.17	0.59	-0.29	0.45	-0.05	0.58		0.53	-0.09	0.17	0.13
Intangible Assets	0.89	0.38	-0.13	0.57	0.01	0.57	0.25	0.04	0.63	0.91	-0.05	0.81	-0.15	0.59	0.5	-0.1	0.81	0.13	0.58	-0.08	0.79	0.53		-0.41	0.46	0.42
Accounts Payable	-0.6	-0.66	-0.14	-0.31	0.54	-0.25	-0.57	0.5	-0.56	-0.53	-0.31	-0.61	0.21	-0.8	-0.73	-0.49	-0.11	0.39	-0.73	-0.5	-0.64	-0.09	-0.41		-0.75	-0.73
Common Stock	0.61	0.87	0.2	0.26	-0.79	0.31	0.85	-0.77	0.45	0.61	0.29	0.56	0.02	0.96	0.98	0.06	0.29	-0.11	0.94	0.66	0.57	0.17	0.46	-0.75		0.99
Common Stock Total Equity	0.56	0.85	0.23	0.21	-0.79	0.28	0.84	-0.78	0.42	0.56	0.28	0.52	0.0	0.94	0.96	0.05	0.26	-0.11	0.91	0.68	0.52	0.13	0.42	-0.73	0.99

Click cells to compare fundamentals

Vector Account Relationship Matchups

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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Vector Other Operating Expenses vs Net Income Analysis

Other Operating Expenses vs Net Income

Other Operating Expenses vs Net Income Correlation Analysis

Correlation Coefficient

Other Operating Expenses

Net Income

Vector fundamental ratios Correlations

Vector Account Relationship Matchups

High Positive Relationship

High Negative Relationship

Vector fundamental ratios Accounts

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

Additional Tools for Vector Stock Analysis

COMMON DESTINATIONS

MAIN CATEGORIES

COMPANY

Retained Earnings	+ 1.0	Total Stockholder Equity
Common Stock Total Equity	+ 0.99	Common Stock
Total Current Assets	+ 0.98	Cash And Short Term Investments
Total Liab	+ 0.98	Non Current Liabilities Total
Common Stock	+ 0.98	Non Current Liabilities Total
Non Current Assets Total	+ 0.97	Total Assets

Net Debt	- 0.95	Total Stockholder Equity
Retained Earnings	- 0.94	Net Debt
Property Plant And Equipment Gross	- 0.91	Retained Earnings
Property Plant And Equipment Gross	- 0.91	Total Stockholder Equity
Total Stockholder Equity	- 0.89	Short Long Term Debt Total
Retained Earnings	- 0.87	Short Long Term Debt Total