Vestis Total Liab vs Net Invested Capital Analysis
| VSTS Stock | 12.59 0.31 2.52% |
Vestis financial indicator trend analysis is much more than just breaking down Vestis prevalent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Vestis is a good investment. Please check the relationship between Vestis Total Liab and its Net Invested Capital accounts. Check out World Market Map to better understand how to build diversified portfolios, which includes a position in Vestis. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in estimate. For more information on how to buy Vestis Stock please use our How to Invest in Vestis guide.
Total Liab vs Net Invested Capital
Total Liab vs Net Invested Capital Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Vestis Total Liab account and Net Invested Capital. At this time, the significance of the direction appears to have strong relationship.
The correlation between Vestis' Total Liab and Net Invested Capital is 0.78. Overlapping area represents the amount of variation of Total Liab that can explain the historical movement of Net Invested Capital in the same time period over historical financial statements of Vestis, assuming nothing else is changed. The correlation between historical values of Vestis' Total Liab and Net Invested Capital is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Total Liab of Vestis are associated (or correlated) with its Net Invested Capital. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Net Invested Capital has no effect on the direction of Total Liab i.e., Vestis' Total Liab and Net Invested Capital go up and down completely randomly.
Correlation Coefficient | 0.78 |
| Relationship Direction | Positive |
| Relationship Strength | Significant |
Total Liab
The total amount of all liabilities that a company has, including both short-term and long-term liabilities.Net Invested Capital
The total amount of capital invested in a company, including both equity and debt, minus any cash or cash equivalents.Most indicators from Vestis' fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Vestis 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 Vestis. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in estimate. For more information on how to buy Vestis Stock please use our How to Invest in Vestis guide.Tax Provision is likely to drop to about 37.1 M in 2024. Selling General Administrative is likely to drop to about 516.4 M in 2024
| 2022 | 2023 | 2024 (projected) | Interest Expense | 10K | 9K | 8.6K | Depreciation And Amortization | 136.5M | 122.9M | 108.3M |
Vestis fundamental ratios Correlations
Click cells to compare fundamentals
Vestis Account Relationship Matchups
High Positive Relationship
High Negative Relationship
Also Currently Popular
Analyzing currently trending equities could be an opportunity to develop a better portfolio based on different market momentums that they can trigger. Utilizing the top trending stocks is also useful when creating a market-neutral strategy or pair trading technique involving a short or a long position in a currently trending equity.When determining whether Vestis is a strong investment it is important to analyze Vestis' 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 Vestis' future performance. For an informed investment choice regarding Vestis 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 Vestis. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in estimate. For more information on how to buy Vestis Stock please use our How to Invest in Vestis guide.You can also try the Money Flow Index module to determine momentum by analyzing Money Flow Index and other technical indicators.
Complementary Tools for Vestis Stock analysis
When running Vestis' price analysis, check to measure Vestis' 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 Vestis is operating at the current time. Most of Vestis' value examination focuses on studying past and present price action to predict the probability of Vestis' future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Vestis' price. Additionally, you may evaluate how the addition of Vestis to your portfolios can decrease your overall portfolio volatility.
| AI Portfolio Architect Use AI to generate optimal portfolios and find profitable investment opportunities | |
| Fundamentals Comparison Compare fundamentals across multiple equities to find investing opportunities | |
| Portfolio Dashboard Portfolio dashboard that provides centralized access to all your investments | |
| Stock Screener Find equities using a custom stock filter or screen asymmetry in trading patterns, price, volume, or investment outlook. | |
| Analyst Advice Analyst recommendations and target price estimates broken down by several categories | |
| Share Portfolio Track or share privately all of your investments from the convenience of any device | |
| Positions Ratings Determine portfolio positions ratings based on digital equity recommendations. Macroaxis instant position ratings are based on combination of fundamental analysis and risk-adjusted market performance | |
| Cryptocurrency Center Build and monitor diversified portfolio of extremely risky digital assets and cryptocurrency | |
| Fundamental Analysis View fundamental data based on most recent published financial statements | |
| Investing Opportunities Build portfolios using our predefined set of ideas and optimize them against your investing preferences | |
| Global Markets Map Get a quick overview of global market snapshot using zoomable world map. Drill down to check world indexes |
Is Vestis' 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 Vestis. If investors know Vestis 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 Vestis listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Earnings Share 1.63 | Revenue Per Share 21.567 | Quarterly Revenue Growth 0.048 | Return On Assets 0.0448 | Return On Equity 0.1327 |
The market value of Vestis is measured differently than its book value, which is the value of Vestis that is recorded on the company's balance sheet. Investors also form their own opinion of Vestis' value that differs from its market value or its book value, called intrinsic value, which is Vestis' 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 Vestis' market value can be influenced by many factors that don't directly affect Vestis' 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 Vestis' value and its price as these two are different measures arrived at by different means. Investors typically determine if Vestis is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Vestis' 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.