Vintage Other Liab vs Other Current Assets Analysis

VWE Stock  USD 0.30  0.02  7.14%   
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 Other Liab and its Other Current Assets 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.

Other Liab vs Other Current Assets

Other Liab vs Other Current Assets Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Vintage Wine Estates Other Liab account and Other Current Assets. At this time, the significance of the direction appears to have pay attention.
The correlation between Vintage Wine's Other Liab and Other Current Assets is -0.75. Overlapping area represents the amount of variation of Other Liab that can explain the historical movement of Other Current Assets 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 Other Liab and Other Current Assets 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 Liab of Vintage Wine Estates are associated (or correlated) with its Other Current Assets. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Other Current Assets has no effect on the direction of Other Liab i.e., Vintage Wine's Other Liab and Other Current Assets go up and down completely randomly.

Correlation Coefficient

-0.75
Relationship DirectionNegative 
Relationship StrengthWeak

Other Liab

Other Current Assets

Assets expected to be converted into cash, sold, or consumed either in one year or in the operating cycle, which are not included under standard current asset categories.
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 Amortization23.9M24.6M17.8M
Minority Interest1.3M1.1M792.9K

Vintage Wine fundamental ratios Correlations

0.60.24-0.47-0.05-0.52-0.53-0.310.270.12-0.020.23-0.01-0.030.010.02-0.060.010.0-0.060.02-0.01-0.010.040.020.05
0.60.21-0.13-0.33-0.28-0.810.230.680.430.350.580.330.220.390.73-0.020.360.62-0.020.440.540.44-0.250.540.73
0.240.210.34-0.6-0.06-0.660.10.720.780.430.50.590.630.290.380.850.310.570.850.090.490.65-0.750.250.21
-0.47-0.130.34-0.720.58-0.320.610.510.70.80.640.750.770.770.490.740.610.630.740.650.760.75-0.290.680.37
-0.05-0.33-0.6-0.72-0.560.73-0.38-0.85-0.88-0.92-0.85-0.77-0.75-0.85-0.7-0.7-0.51-0.84-0.7-0.67-0.85-0.90.57-0.75-0.62
-0.52-0.28-0.060.58-0.560.060.070.130.160.440.280.090.080.440.240.15-0.120.260.150.430.310.28-0.230.330.09
-0.53-0.81-0.66-0.320.730.06-0.32-0.95-0.84-0.69-0.85-0.69-0.64-0.66-0.79-0.54-0.56-0.84-0.54-0.58-0.81-0.80.53-0.71-0.7
-0.310.230.10.61-0.380.07-0.320.440.530.670.610.740.70.710.630.390.870.640.390.690.680.640.120.770.67
0.270.680.720.51-0.850.13-0.950.440.940.80.880.810.760.740.870.680.620.950.680.610.910.93-0.650.770.77
0.120.430.780.7-0.880.16-0.840.530.940.870.850.930.920.780.740.870.740.90.870.580.90.97-0.60.740.67
-0.020.350.430.8-0.920.44-0.690.670.80.870.910.890.860.970.740.660.770.860.660.830.920.93-0.290.90.73
0.230.580.50.64-0.850.28-0.850.610.880.850.910.790.750.930.850.590.680.890.590.890.930.88-0.310.940.7
-0.010.330.590.75-0.770.09-0.690.740.810.930.890.790.990.810.660.820.920.830.820.610.870.94-0.350.760.72
-0.030.220.630.77-0.750.08-0.640.70.760.920.860.750.990.780.570.880.890.770.880.560.830.91-0.340.710.61
0.010.390.290.77-0.850.44-0.660.710.740.780.970.930.810.780.760.540.750.820.540.940.910.85-0.140.960.71
0.020.730.380.49-0.70.24-0.790.630.870.740.740.850.660.570.760.380.590.950.380.760.910.83-0.480.880.87
-0.06-0.020.850.74-0.70.15-0.540.390.680.870.660.590.820.880.540.380.590.621.00.310.660.79-0.570.440.26
0.010.360.310.61-0.51-0.12-0.560.870.620.740.770.680.920.890.750.590.590.690.590.620.760.77-0.010.750.73
0.00.620.570.63-0.840.26-0.840.640.950.90.860.890.830.770.820.950.620.690.620.720.970.95-0.580.870.86
-0.06-0.020.850.74-0.70.15-0.540.390.680.870.660.590.820.880.540.381.00.590.620.310.660.79-0.570.440.26
0.020.440.090.65-0.670.43-0.580.690.610.580.830.890.610.560.940.760.310.620.720.310.820.680.030.960.62
-0.010.540.490.76-0.850.31-0.810.680.910.90.920.930.870.830.910.910.660.760.970.660.820.96-0.450.930.81
-0.010.440.650.75-0.90.28-0.80.640.930.970.930.880.940.910.850.830.790.770.950.790.680.96-0.560.830.78
0.04-0.25-0.75-0.290.57-0.230.530.12-0.65-0.6-0.29-0.31-0.35-0.34-0.14-0.48-0.57-0.01-0.58-0.570.03-0.45-0.56-0.14-0.3
0.020.540.250.68-0.750.33-0.710.770.770.740.90.940.760.710.960.880.440.750.870.440.960.930.83-0.140.78
0.050.730.210.37-0.620.09-0.70.670.770.670.730.70.720.610.710.870.260.730.860.260.620.810.78-0.30.78
Click cells to compare fundamentals

Vintage Wine Account Relationship Matchups

Vintage Wine fundamental ratios Accounts

201920202021202220232024 (projected)
Other Current Liab24.7M3.4M23.9M25.2M24.9M33.8M
Total Current Liabilities219.5M152.7M146.2M197.3M183.1M195.3M
Other Liab20.1M31.5M47.1M4.7M5.4M5.1M
Net Tangible Assets(5.1M)214.8M132.0M134.4M154.5M83.6M
Retained Earnings37.7M15.2M(167.5M)(571K)(182.3M)(173.2M)
Accounts Payable15.1M17.3M16.7M13.9M20.4M17.7M
Other Assets2.8M1.8M3.5M3.6M3.2M3.9M
Net Receivables20.9M21.2M28.7M42.1M25.1M26.5M
Inventory166.8M206.5M221.1M192.1M201.4M207.9M
Total Current Assets198.1M233.5M382.0M300.7M264.7M299.7M
Property Plant Equipment162.2M213.7M236.1M249.5M287.0M209.7M
Common Stock Shares Outstanding35.3M60.5M45M60.7M59.1M49.2M
Non Current Liabilities Total183.1M236.5M234.8M216.2M205.2M222.9M
Other Current Assets4.4M4.8M8.5M22.9M14.9M13.4M
Total Liab402.6M382.7M381.0M413.5M388.4M427.4M

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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 Portfolio File Import module to quickly import all of your third-party portfolios from your local drive in csv format.

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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.