VitruLtd Good Will vs Common Stock Shares Outstanding Analysis

VTRU Stock

USD 9.00 0.30 3.23%

VitruLtd financial indicator trend analysis is much more than just breaking down VitruLtd prevalent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether VitruLtd is a good investment. Please check the relationship between VitruLtd Good Will and its Common Stock Shares Outstanding accounts. Check out World Market Map to better understand how to build diversified portfolios, which includes a position in VitruLtd. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in metropolitan statistical area.

For more information on how to buy VitruLtd Stock please use our How to Invest in VitruLtd guide.

Good Will vs Common Stock Shares Outstanding

Good Will vs Common Stock Shares Outstanding Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of VitruLtd Good Will account and Common Stock Shares Outstanding. At this time, the significance of the direction appears to have very strong relationship.

The correlation between VitruLtd's Good Will and Common Stock Shares Outstanding is 0.86. Overlapping area represents the amount of variation of Good Will that can explain the historical movement of Common Stock Shares Outstanding in the same time period over historical financial statements of VitruLtd, assuming nothing else is changed. The correlation between historical values of VitruLtd's Good Will and Common Stock Shares Outstanding is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Good Will of VitruLtd are associated (or correlated) with its Common Stock Shares Outstanding. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Common Stock Shares Outstanding has no effect on the direction of Good Will i.e., VitruLtd's Good Will and Common Stock Shares Outstanding go up and down completely randomly.

Correlation Coefficient

0.86

Relationship Direction	Positive
Relationship Strength	Strong

View All Relationships

Good Will

An intangible asset that arises when a company acquires another business for more than the fair market value of its net identifiable assets, representing the value of the brand, customer base, and other intangible factors.

Common Stock Shares Outstanding

The total number of shares of a company's common stock that are currently owned by all its shareholders.

Most indicators from VitruLtd's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into VitruLtd 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 VitruLtd. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in metropolitan statistical area.

For more information on how to buy VitruLtd Stock please use our How to Invest in VitruLtd guide.At this time, VitruLtd's Sales General And Administrative To Revenue is comparatively stable compared to the past year. Enterprise Value Over EBITDA is likely to gain to 10.65 in 2024, despite the fact that Tax Provision is likely to grow to (55.7 M).

	2021	2022	2023	2024 (projected)
Depreciation And Amortization	54.5M	127.3M	212.7M	223.3M
Interest Income	45.5M	64.6M	23.2M	34.3M

Depreciation And Amortization Interest Income

VitruLtd fundamental ratios Correlations

	Total Assets	Short Long Term Debt Total	Other Current Liab	Total Current Liabilities	Total Stockholder Equity	Property Plant And Equipment Net	Current Deferred Revenue	Net Debt	Retained Earnings	Accounts Payable	Cash	Non Current Assets Total	Non Currrent Assets Other	Cash And Short Term Investments	Net Receivables	Good Will	Common Stock Total Equity	Common Stock Shares Outstanding	Short Term Investments	Non Current Liabilities Total	Capital Lease Obligations	Inventory	Other Current Assets	Other Stockholder Equity	Total Liab	Net Invested Capital
Total Assets		0.99	-0.56	0.82	0.89	0.9	1.0	0.99	0.9	0.99	0.36	1.0	0.7	0.07	0.89	0.99	0.68	0.84	-0.01	0.99	0.89	-0.19	0.92	0.8	0.99	1.0
Short Long Term Debt Total	0.99		-0.51	0.82	0.86	0.87	0.99	1.0	0.91	0.99	0.32	0.99	0.63	0.09	0.87	0.99	0.69	0.85	0.02	0.98	0.86	-0.22	0.96	0.86	0.99	1.0
Other Current Liab	-0.56	-0.51		-0.17	-0.41	-0.41	-0.52	-0.51	-0.52	-0.44	0.16	-0.6	-0.85	0.45	-0.37	-0.58	0.08	-0.37	0.5	-0.66	-0.37	0.41	-0.33	-0.18	-0.62	-0.49
Total Current Liabilities	0.82	0.82	-0.17		0.93	0.93	0.84	0.8	0.63	0.85	0.65	0.79	0.51	0.46	0.92	0.77	0.85	0.71	0.38	0.74	0.94	0.01	0.75	0.63	0.78	0.84
Total Stockholder Equity	0.89	0.86	-0.41	0.93		0.99	0.91	0.86	0.74	0.9	0.53	0.88	0.72	0.19	0.99	0.85	0.77	0.84	0.09	0.85	0.99	-0.01	0.75	0.59	0.86	0.89
Property Plant And Equipment Net	0.9	0.87	-0.41	0.93	0.99		0.91	0.86	0.71	0.91	0.5	0.89	0.74	0.14	1.0	0.86	0.79	0.84	0.04	0.85	1.0	0.05	0.75	0.58	0.87	0.89
Current Deferred Revenue	1.0	0.99	-0.52	0.84	0.91	0.91		0.99	0.89	0.99	0.41	0.99	0.69	0.11	0.91	0.98	0.7	0.83	0.02	0.97	0.9	-0.16	0.92	0.79	0.98	1.0
Net Debt	0.99	1.0	-0.51	0.8	0.86	0.86	0.99		0.92	0.98	0.29	0.99	0.63	0.06	0.86	1.0	0.68	0.86	0.0	0.98	0.85	-0.23	0.96	0.86	0.99	0.99
Retained Earnings	0.9	0.91	-0.52	0.63	0.74	0.71	0.89	0.92		0.87	0.18	0.9	0.5	0.02	0.72	0.93	0.44	0.85	-0.03	0.9	0.69	-0.47	0.92	0.87	0.9	0.9
Accounts Payable	0.99	0.99	-0.44	0.85	0.9	0.91	0.99	0.98	0.87		0.43	0.98	0.64	0.13	0.91	0.97	0.76	0.84	0.04	0.95	0.91	-0.07	0.93	0.81	0.97	0.99
Cash	0.36	0.32	0.16	0.65	0.53	0.5	0.41	0.29	0.18	0.43		0.29	0.19	0.79	0.52	0.25	0.58	0.07	0.68	0.21	0.55	0.27	0.24	0.12	0.25	0.4
Non Current Assets Total	1.0	0.99	-0.6	0.79	0.88	0.89	0.99	0.99	0.9	0.98	0.29		0.73	-0.01	0.88	1.0	0.64	0.85	-0.08	1.0	0.87	-0.2	0.92	0.79	1.0	0.99
Non Currrent Assets Other	0.7	0.63	-0.85	0.51	0.72	0.74	0.69	0.63	0.5	0.64	0.19	0.73		-0.29	0.71	0.67	0.31	0.53	-0.4	0.74	0.72	0.0	0.4	0.17	0.72	0.64
Cash And Short Term Investments	0.07	0.09	0.45	0.46	0.19	0.14	0.11	0.06	0.02	0.13	0.79	-0.01	-0.29		0.16	-0.01	0.38	-0.14	0.99	-0.07	0.19	-0.07	0.14	0.16	-0.02	0.14
Net Receivables	0.89	0.87	-0.37	0.92	0.99	1.0	0.91	0.86	0.72	0.91	0.52	0.88	0.71	0.16		0.85	0.81	0.84	0.05	0.84	1.0	0.08	0.75	0.59	0.86	0.89
Good Will	0.99	0.99	-0.58	0.77	0.85	0.86	0.98	1.0	0.93	0.97	0.25	1.0	0.67	-0.01	0.85		0.63	0.86	-0.07	0.99	0.84	-0.25	0.94	0.84	1.0	0.99
Common Stock Total Equity	0.68	0.69	0.08	0.85	0.77	0.79	0.7	0.68	0.44	0.76	0.58	0.64	0.31	0.38	0.81	0.63		0.62	0.3	0.59	0.82	0.32	0.66	0.58	0.62	0.72
Common Stock Shares Outstanding	0.84	0.85	-0.37	0.71	0.84	0.84	0.83	0.86	0.85	0.84	0.07	0.85	0.53	-0.14	0.84	0.86	0.62		-0.19	0.85	0.82	-0.18	0.84	0.78	0.85	0.84
Short Term Investments	-0.01	0.02	0.5	0.38	0.09	0.04	0.02	0.0	-0.03	0.04	0.68	-0.08	-0.4	0.99	0.05	-0.07	0.3	-0.19		-0.14	0.08	-0.16	0.1	0.16	-0.09	0.06
Non Current Liabilities Total	0.99	0.98	-0.66	0.74	0.85	0.85	0.97	0.98	0.9	0.95	0.21	1.0	0.74	-0.07	0.84	0.99	0.59	0.85	-0.14		0.84	-0.26	0.91	0.79	1.0	0.97
Capital Lease Obligations	0.89	0.86	-0.37	0.94	0.99	1.0	0.9	0.85	0.69	0.91	0.55	0.87	0.72	0.19	1.0	0.84	0.82	0.82	0.08	0.84		0.09	0.74	0.58	0.85	0.89
Inventory	-0.19	-0.22	0.41	0.01	-0.01	0.05	-0.16	-0.23	-0.47	-0.07	0.27	-0.2	0.0	-0.07	0.08	-0.25	0.32	-0.18	-0.16	-0.26	0.09		-0.3	-0.38	-0.24	-0.18
Other Current Assets	0.92	0.96	-0.33	0.75	0.75	0.75	0.92	0.96	0.92	0.93	0.24	0.92	0.4	0.14	0.75	0.94	0.66	0.84	0.1	0.91	0.74	-0.3		0.97	0.92	0.94
Other Stockholder Equity	0.8	0.86	-0.18	0.63	0.59	0.58	0.79	0.86	0.87	0.81	0.12	0.79	0.17	0.16	0.59	0.84	0.58	0.78	0.16	0.79	0.58	-0.38	0.97		0.8	0.83
Total Liab	0.99	0.99	-0.62	0.78	0.86	0.87	0.98	0.99	0.9	0.97	0.25	1.0	0.72	-0.02	0.86	1.0	0.62	0.85	-0.09	1.0	0.85	-0.24	0.92	0.8		0.98
Net Invested Capital	1.0	1.0	-0.49	0.84	0.89	0.89	1.0	0.99	0.9	0.99	0.4	0.99	0.64	0.14	0.89	0.99	0.72	0.84	0.06	0.97	0.89	-0.18	0.94	0.83	0.98

Click cells to compare fundamentals

VitruLtd Account Relationship Matchups

VitruLtd fundamental ratios Accounts

	2019	2020	2021	2022	2023	2024 (projected)
Total Assets	1.1B	1.7B	1.5B	5.7B	5.9B	6.2B
Short Long Term Debt Total	103.2M	301.2M	161.5M	1.9B	2.5B	2.6B
Other Current Liab	171.0M	165.5M	180.2M	66.6M	138.5M	114.0M
Total Current Liabilities	221.4M	382.6M	259.4M	392.4M	498.7M	329.1M
Total Stockholder Equity	451.3M	978M	1.1B	2.2B	2.3B	1.2B
Property Plant And Equipment Net	158.6M	224.6M	242.9M	545M	555.5M	309.1M
Current Deferred Revenue	3.2M	9.7M	10.3M	43.6M	45.3M	47.6M
Net Debt	100.7M	215.3M	85.9M	1.9B	2.5B	2.6B
Retained Earnings	(96.2M)	(44.1M)	26.5M	119.9M	228.6M	240.1M
Accounts Payable	30.0M	32.2M	41.7M	99.7M	112.1M	117.7M
Cash	2.5M	85.9M	75.6M	47.2M	21.3M	37.3M
Non Current Assets Total	873.8M	956.1M	1.0B	5.3B	5.3B	5.6B
Non Currrent Assets Other	16.2M	12.8M	10.2M	111.9M	39.5M	36.0M
Cash And Short Term Investments	74.8M	601.1M	328.6M	73.6M	241.6M	256.9M
Net Receivables	92.8M	117.3M	148.3M	263.1M	277.3M	163.3M
Short Term Investments	72.3M	515.2M	253M	26.4M	220.3M	219.6M
Liabilities And Stockholders Equity	1.1B	1.7B	1.5B	5.7B	5.9B	6.2B
Non Current Liabilities Total	416.0M	327.2M	201.9M	3.1B	3.1B	3.2B
Capital Lease Obligations	103.2M	149.4M	161.5M	323.3M	327.8M	191.0M
Inventory	45.4M	10.2M	35M	20M	1.0	0.95
Other Current Assets	1.9M	3.1M	2.9M	14.8M	40.5M	42.5M
Other Stockholder Equity	53.1M	(1.2M)	(6K)	13.0M	2.0B	2.1B
Total Liab	637.3M	709.8M	461.3M	3.5B	3.6B	3.8B
Net Invested Capital	451.3M	1.1B	1.1B	3.8B	4.5B	4.7B
Total Current Assets	214.8M	731.7M	514.8M	371.5M	579.1M	453.1M
Accumulated Other Comprehensive Income	(819K)	1.0B	1.0B	2.1B	2.1B	2.2B
Non Current Liabilities Other	1.1M	700K	400K	1.3M	4.7M	4.9M
Net Working Capital	(6.5M)	349.1M	255.4M	(20.9M)	80.5M	124.0M
Short Term Debt	17.3M	175.2M	27.2M	182.5M	202.7M	212.9M
Intangible Assets	353.4M	356.1M	365.3M	2.6B	2.5B	2.6B
Common Stock	546.5M	548.4M	6K	8K	7.2K	6.8K
Other Liab	330.0M	201.3M	67.6M	1.3B	1.5B	1.6B
Net Tangible Assets	(206.8M)	317.0M	395.9M	(2.3B)	(2.0B)	(1.9B)
Other Assets	57.1M	70.5M	99.5M	100K	90K	85.5K
Property Plant Equipment	158.6M	224.6M	242.9M	545.0M	626.7M	658.0M

Pair Trading with VitruLtd

One of the main advantages of trading using pair correlations is that every trade hedges away some risk. Because there are two separate transactions required, even if VitruLtd position performs unexpectedly, the other equity can make up some of the losses. Pair trading also minimizes risk from directional movements in the market. For example, if an entire industry or sector drops because of unexpected headlines, the short position in VitruLtd will appreciate offsetting losses from the drop in the long position's value.

Moving together with VitruLtd Stock

0.67

VSTA

Vasta PlatformLtd

Pair Corr

Moving against VitruLtd Stock

0.78	GV	Visionary Education Symbol Change	Pair Corr
0.52	LRN	Stride Inc Financial Report 20th of August 2024	Pair Corr
0.43	TAL	TAL Education Group	Pair Corr

The ability to find closely correlated positions to VitruLtd could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace VitruLtd when you sell it. If you don't do this, your portfolio allocation will be skewed against your target asset allocation. So, investors can't just sell and buy back VitruLtd - that would be a violation of the tax code under the "wash sale" rule, and this is why you need to find a similar enough asset and use the proceeds from selling VitruLtd to buy it.

The correlation of VitruLtd is a statistical measure of how it moves in relation to other instruments. This measure is expressed in what is known as the correlation coefficient, which ranges between -1 and +1. A perfect positive correlation (i.e., a correlation coefficient of +1) implies that as VitruLtd moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if VitruLtd moves in either direction, the perfectly negatively correlated security will move in the opposite direction. If the correlation is 0, the equities are not correlated; they are entirely random. A correlation greater than 0.8 is generally described as strong, whereas a correlation less than 0.5 is generally considered weak.

Correlation analysis and pair trading evaluation for VitruLtd can also be used as hedging techniques within a particular sector or industry or even over random equities to generate a better risk-adjusted return on your portfolios.

Pair Correlation Correlation Matching

When determining whether VitruLtd is a good investment, qualitative aspects like company management, corporate governance, and ethical practices play a significant role. A comparison with peer companies also provides context and helps to understand if VitruLtd Stock is undervalued or overvalued. This multi-faceted approach, blending both quantitative and qualitative analysis, forms a solid foundation for making an informed investment decision about Vitrultd Stock. Highlighted below are key reports to facilitate an investment decision about Vitrultd Stock:

How To Invest In VitruLtd

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Is VitruLtd Stock a good investment?

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What is VitruLtd's Net Worth?

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Check out World Market Map to better understand how to build diversified portfolios, which includes a position in VitruLtd. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in metropolitan statistical area.

For more information on how to buy VitruLtd Stock please use our How to Invest in VitruLtd guide.

You can also try the Share Portfolio module to track or share privately all of your investments from the convenience of any device.

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When running VitruLtd's price analysis, check to measure VitruLtd'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 VitruLtd is operating at the current time. Most of VitruLtd's value examination focuses on studying past and present price action to predict the probability of VitruLtd's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move VitruLtd's price. Additionally, you may evaluate how the addition of VitruLtd to your portfolios can decrease your overall portfolio volatility.

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Is VitruLtd's 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 VitruLtd. If investors know VitruLtd 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 VitruLtd listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.

Quarterly Earnings Growth

2.211

Earnings Share

0.58

Revenue Per Share

58.176

Quarterly Revenue Growth

0.181

Return On Assets

0.0446

The market value of VitruLtd is measured differently than its book value, which is the value of VitruLtd that is recorded on the company's balance sheet. Investors also form their own opinion of VitruLtd's value that differs from its market value or its book value, called intrinsic value, which is VitruLtd's 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 VitruLtd's market value can be influenced by many factors that don't directly affect VitruLtd's 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 VitruLtd's value and its price as these two are different measures arrived at by different means. Investors typically determine if VitruLtd is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, VitruLtd's 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.

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VitruLtd Good Will vs Common Stock Shares Outstanding Analysis

Good Will vs Common Stock Shares Outstanding

Good Will vs Common Stock Shares Outstanding Correlation Analysis

Correlation Coefficient

Good Will

Common Stock Shares Outstanding

VitruLtd fundamental ratios Correlations

VitruLtd Account Relationship Matchups

High Positive Relationship

High Negative Relationship

VitruLtd fundamental ratios Accounts

Pair Trading with VitruLtd

Moving together with VitruLtd Stock

Moving against VitruLtd Stock

Complementary Tools for VitruLtd Stock analysis

COMMON DESTINATIONS

MAIN CATEGORIES

COMPANY

Current Deferred Revenue	+ 1.0	Total Assets
Non Current Assets Total	+ 1.0	Total Assets
Net Invested Capital	+ 1.0	Total Assets
Net Debt	+ 1.0	Short Long Term Debt Total
Net Invested Capital	+ 1.0	Short Long Term Debt Total
Net Receivables	+ 1.0	Property Plant And Equipment Net

Non Currrent Assets Other	- 0.85	Other Current Liab
Non Current Liabilities Total	- 0.66	Other Current Liab
Total Liab	- 0.62	Other Current Liab
Non Current Assets Total	- 0.6	Other Current Liab
Good Will	- 0.58	Other Current Liab
Other Current Liab	- 0.56	Total Assets