Vintage Net Receivables vs Non Current Liabilities Total Analysis
VWE Stock | USD 0.32 0.02 6.67% |
Vintage Wine financial indicator trend analysis is much more than just breaking down Vintage Wine Estates prevalent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Vintage Wine Estates is a good investment. Please check the relationship between Vintage Wine Net Receivables and its Non Current Liabilities Total accounts. Check out World Market Map to better understand how to build diversified portfolios, which includes a position in Vintage Wine Estates. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in housing.
Net Receivables vs Non Current Liabilities Total
Net Receivables vs Non Current Liabilities Total Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Vintage Wine Estates Net Receivables account and Non Current Liabilities Total. At this time, the significance of the direction appears to have strong relationship.
The correlation between Vintage Wine's Net Receivables and Non Current Liabilities Total is 0.64. Overlapping area represents the amount of variation of Net Receivables that can explain the historical movement of Non Current Liabilities Total in the same time period over historical financial statements of Vintage Wine Estates, assuming nothing else is changed. The correlation between historical values of Vintage Wine's Net Receivables and Non Current Liabilities Total 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 Receivables of Vintage Wine Estates are associated (or correlated) with its Non Current Liabilities Total. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Non Current Liabilities Total has no effect on the direction of Net Receivables i.e., Vintage Wine's Net Receivables and Non Current Liabilities Total go up and down completely randomly.
Correlation Coefficient | 0.64 |
Relationship Direction | Positive |
Relationship Strength | Significant |
Net Receivables
Non Current Liabilities Total
Most indicators from Vintage Wine's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Vintage Wine Estates 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 Vintage Wine Estates. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in housing. The current year's Tax Provision is expected to grow to about (31 M). In addition to that, Selling General Administrative is expected to decline to about 104.9 M
2022 | 2023 | 2024 (projected) | Depreciation And Amortization | 23.9M | 24.6M | 17.8M | Minority Interest | 1.3M | 1.1M | 792.9K |
Vintage Wine fundamental ratios Correlations
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Vintage Wine Account Relationship Matchups
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Vintage Wine fundamental ratios Accounts
2019 | 2020 | 2021 | 2022 | 2023 | 2024 (projected) | ||
Other Current Liab | 24.7M | 3.4M | 23.9M | 25.2M | 24.9M | 33.8M | |
Total Current Liabilities | 219.5M | 152.7M | 146.2M | 197.3M | 183.1M | 195.3M | |
Other Liab | 20.1M | 31.5M | 47.1M | 4.7M | 5.4M | 5.1M | |
Net Tangible Assets | (5.1M) | 214.8M | 132.0M | 134.4M | 154.5M | 83.6M | |
Retained Earnings | 37.7M | 15.2M | (167.5M) | (571K) | (182.3M) | (173.2M) | |
Accounts Payable | 15.1M | 17.3M | 16.7M | 13.9M | 20.4M | 17.7M | |
Other Assets | 2.8M | 1.8M | 3.5M | 3.6M | 3.2M | 3.9M | |
Net Receivables | 20.9M | 21.2M | 28.7M | 42.1M | 25.1M | 26.5M | |
Inventory | 166.8M | 206.5M | 221.1M | 192.1M | 201.4M | 207.9M | |
Total Current Assets | 198.1M | 233.5M | 382.0M | 300.7M | 264.7M | 299.7M | |
Property Plant Equipment | 162.2M | 213.7M | 236.1M | 249.5M | 287.0M | 209.7M | |
Common Stock Shares Outstanding | 35.3M | 60.5M | 45M | 60.7M | 59.1M | 49.2M | |
Non Current Liabilities Total | 183.1M | 236.5M | 234.8M | 216.2M | 205.2M | 222.9M | |
Other Current Assets | 4.4M | 4.8M | 8.5M | 22.9M | 14.9M | 13.4M | |
Total Liab | 402.6M | 382.7M | 381.0M | 413.5M | 388.4M | 427.4M |
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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 Vintage Wine Estates is a strong investment it is important to analyze Vintage Wine's 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 Vintage Wine's future performance. For an informed investment choice regarding Vintage 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 Vintage Wine Estates. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in housing. You can also try the Risk-Return Analysis module to view associations between returns expected from investment and the risk you assume.
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When running Vintage Wine's price analysis, check to measure Vintage Wine'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 Vintage Wine is operating at the current time. Most of Vintage Wine's value examination focuses on studying past and present price action to predict the probability of Vintage Wine's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Vintage Wine's price. Additionally, you may evaluate how the addition of Vintage Wine to your portfolios can decrease your overall portfolio volatility.
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Is Vintage Wine'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 Vintage Wine. If investors know Vintage 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 Vintage Wine 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 (0.64) | Earnings Share (2.33) | Revenue Per Share 3.914 | Quarterly Revenue Growth (0.29) | Return On Assets (0.08) |
The market value of Vintage Wine Estates is measured differently than its book value, which is the value of Vintage that is recorded on the company's balance sheet. Investors also form their own opinion of Vintage Wine's value that differs from its market value or its book value, called intrinsic value, which is Vintage Wine'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 Vintage Wine's market value can be influenced by many factors that don't directly affect Vintage Wine'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 Vintage Wine's value and its price as these two are different measures arrived at by different means. Investors typically determine if Vintage Wine is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Vintage Wine'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.