Vitru Good Will vs Short Term Debt Analysis

VTRU Stock

USD 8.68 0.52 5.65%

Vitru financial indicator trend analysis is much more than just breaking down Vitru prevalent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Vitru is a good investment. Please check the relationship between Vitru Good Will and its Short Term Debt accounts. Check out World Market Map to better understand how to build diversified portfolios, which includes a position in Vitru. 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 Vitru Stock please use our How to Invest in Vitru guide.

Good Will vs Short Term Debt

Good Will vs Short Term Debt Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Vitru Good Will account and Short Term Debt. At this time, the significance of the direction appears to have very strong relationship.

The correlation between Vitru's Good Will and Short Term Debt is 0.85. Overlapping area represents the amount of variation of Good Will that can explain the historical movement of Short Term Debt in the same time period over historical financial statements of Vitru, assuming nothing else is changed. The correlation between historical values of Vitru's Good Will and Short Term Debt 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 Vitru are associated (or correlated) with its Short Term Debt. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Short Term Debt has no effect on the direction of Good Will i.e., Vitru's Good Will and Short Term Debt go up and down completely randomly.

Correlation Coefficient

0.85

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.

Short Term Debt

Most indicators from Vitru's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Vitru 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 Vitru. 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 Vitru Stock please use our How to Invest in Vitru guide.At this time, Vitru'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

Vitru 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

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Vitru Account Relationship Matchups

Vitru 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 Vitru

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 Vitru 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 Vitru will appreciate offsetting losses from the drop in the long position's value.

Moving together with Vitru Stock

0.86

VSTA

Vasta Platform

Pair Corr

Moving against Vitru Stock

0.71	LRN	Stride Inc Financial Report 20th of August 2024	Pair Corr
0.66	GV	Visionary Education Symbol Change	Pair Corr
0.64	IH	Ihuman Inc	Pair Corr

The ability to find closely correlated positions to Vitru could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Vitru 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 Vitru - 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 Vitru to buy it.

The correlation of Vitru 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 Vitru moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Vitru 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 Vitru 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

Additional Tools for Vitru Stock Analysis

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

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