Vintage Non Current Assets Total vs Total Stockholder Equity Analysis

VWEWW Stock  USD 0.01  0.0007  8.43%   
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 Non Current Assets Total and its Total Stockholder Equity 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 closely tied with the direction of predictive economic indicators such as signals in housing.

Non Current Assets Total vs Total Stockholder Equity

Non Current Assets Total vs Total Stockholder Equity Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Vintage Wine Estates Non Current Assets Total account and Total Stockholder Equity. At this time, the significance of the direction appears to have almost identical trend.
The correlation between Vintage Wine's Non Current Assets Total and Total Stockholder Equity is 0.91. Overlapping area represents the amount of variation of Non Current Assets Total that can explain the historical movement of Total Stockholder Equity 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 Non Current Assets Total and Total Stockholder Equity is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Non Current Assets Total of Vintage Wine Estates are associated (or correlated) with its Total Stockholder Equity. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Total Stockholder Equity has no effect on the direction of Non Current Assets Total i.e., Vintage Wine's Non Current Assets Total and Total Stockholder Equity go up and down completely randomly.

Correlation Coefficient

0.91
Relationship DirectionPositive 
Relationship StrengthVery Strong

Non Current Assets Total

The total value of a company's long-term assets, which are not expected to be converted into cash or used up within one year or the operating cycle, including property, plant, and equipment, and intangible assets.

Total Stockholder Equity

The total equity held by shareholders, calculated as the difference between a company's total assets and total liabilities. It represents the net value of the company owned by shareholders.
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 closely tied with the direction of predictive economic indicators such as signals in housing.
Tax Provision is likely to climb to about (26.8 M) in 2024. Selling General Administrative is likely to drop to about 99.3 M in 2024
 2021 2022 2023 2024 (projected)
Total Revenue293.8M283.2M325.7M255.5M
Depreciation And Amortization23.9M24.6M28.3M17.8M

Vintage Wine fundamental ratios Correlations

-0.82-0.770.980.750.7-0.70.530.830.930.82-0.420.830.94-0.020.830.910.78-0.080.780.720.940.870.21-0.240.84
-0.820.66-0.72-0.78-0.960.81-0.76-0.61-0.67-1.00.46-0.61-0.910.34-0.95-0.96-0.940.44-0.87-0.85-0.86-0.71-0.38-0.04-0.83
-0.770.66-0.73-0.74-0.520.9-0.7-0.8-0.54-0.660.65-0.8-0.620.47-0.67-0.81-0.790.2-0.62-0.6-0.88-0.5-0.32-0.39-0.9
0.98-0.72-0.730.650.56-0.620.390.890.910.72-0.280.890.880.130.720.820.66-0.050.670.550.910.810.01-0.290.75
0.75-0.78-0.740.650.81-0.850.90.460.650.79-0.520.460.81-0.530.920.880.80.060.970.830.760.790.690.090.94
0.7-0.96-0.520.560.81-0.750.820.390.580.96-0.430.390.85-0.420.960.890.89-0.370.90.890.730.690.540.030.78
-0.70.810.9-0.62-0.85-0.75-0.89-0.65-0.44-0.810.57-0.65-0.670.65-0.83-0.88-0.880.32-0.79-0.69-0.84-0.51-0.45-0.47-0.93
0.53-0.76-0.70.390.90.82-0.890.350.320.76-0.530.350.61-0.750.850.810.86-0.250.850.790.660.480.720.450.88
0.83-0.61-0.80.890.460.39-0.650.350.630.6-0.191.00.640.090.540.730.64-0.340.430.330.90.47-0.210.030.66
0.93-0.67-0.540.910.650.58-0.440.320.630.67-0.360.630.910.160.720.740.550.20.70.650.750.950.21-0.540.67
0.82-1.0-0.660.720.790.96-0.810.760.60.67-0.460.60.91-0.340.950.960.93-0.430.870.850.860.710.380.030.83
-0.420.460.65-0.28-0.52-0.430.57-0.53-0.19-0.36-0.46-0.19-0.390.67-0.44-0.5-0.590.03-0.43-0.72-0.43-0.36-0.68-0.35-0.63
0.83-0.61-0.80.890.460.39-0.650.351.00.630.6-0.190.640.090.540.730.64-0.340.430.330.90.47-0.210.030.66
0.94-0.91-0.620.880.810.85-0.670.610.640.910.91-0.390.64-0.090.930.920.79-0.090.890.810.860.930.34-0.310.81
-0.020.340.470.13-0.53-0.420.65-0.750.090.16-0.340.670.09-0.09-0.39-0.34-0.480.15-0.43-0.48-0.18-0.02-0.73-0.76-0.52
0.83-0.95-0.670.720.920.96-0.830.850.540.720.95-0.440.540.93-0.390.960.9-0.20.980.880.840.820.53-0.020.89
0.91-0.96-0.810.820.880.89-0.880.810.730.740.96-0.50.730.92-0.340.960.96-0.310.90.850.950.760.420.060.94
0.78-0.94-0.790.660.80.89-0.880.860.640.550.93-0.590.640.79-0.480.90.96-0.490.810.870.890.570.480.270.9
-0.080.440.2-0.050.06-0.370.32-0.25-0.340.2-0.430.03-0.34-0.090.15-0.2-0.31-0.490.0-0.15-0.330.290.22-0.47-0.12
0.78-0.87-0.620.670.970.9-0.790.850.430.70.87-0.430.430.89-0.430.980.90.810.00.850.750.850.62-0.050.88
0.72-0.85-0.60.550.830.89-0.690.790.330.650.85-0.720.330.81-0.480.880.850.87-0.150.850.690.730.750.010.83
0.94-0.86-0.880.910.760.73-0.840.660.90.750.86-0.430.90.86-0.180.840.950.89-0.330.750.690.690.190.060.89
0.87-0.71-0.50.810.790.69-0.510.480.470.950.71-0.360.470.93-0.020.820.760.570.290.850.730.690.41-0.490.72
0.21-0.38-0.320.010.690.54-0.450.72-0.210.210.38-0.68-0.210.34-0.730.530.420.480.220.620.750.190.410.210.58
-0.24-0.04-0.39-0.290.090.03-0.470.450.03-0.540.03-0.350.03-0.31-0.76-0.020.060.27-0.47-0.050.010.06-0.490.210.22
0.84-0.83-0.90.750.940.78-0.930.880.660.670.83-0.630.660.81-0.520.890.940.9-0.120.880.830.890.720.580.22
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Vintage Wine Account Relationship Matchups

Vintage Wine fundamental ratios Accounts

201920202021202220232024 (projected)
Total Assets511.7M742.9M765.9M561.2M645.3M674.0M
Other Current Liab24.7M23.9M25.2M24.9M22.4M21.2M
Total Current Liabilities219.5M146.2M197.3M183.1M164.8M152.4M
Total Stockholder Equity108.1M360.7M351.3M173.3M199.3M244.4M
Property Plant And Equipment Net162.2M213.7M236.1M249.5M287.0M226.5M
Net Debt320.1M170.2M284.5M318.7M366.6M240.0M
Retained Earnings15.2M(167.5M)(571K)(182.3M)(164.1M)(155.9M)
Accounts Payable15.1M16.7M13.9M20.4M23.5M17.4M
Cash1.8M123.7M43.7M18.2M21.0M41.8M
Non Current Assets Total278.2M360.9M465.2M296.4M340.9M370.3M
Non Currrent Assets Other2.8M1.2M9.7M7.9M9.1M9.5M
Cash And Short Term Investments1.8M123.7M43.7M18.2M21.0M41.8M
Net Receivables20.9M28.7M42.1M25.1M28.8M28.1M
Common Stock Shares Outstanding35.3M45M60.7M59.1M68.0M45.7M
Non Current Liabilities Total183.1M234.8M216.2M205.2M236.0M215.4M
Inventory206.5M221.1M192.1M201.4M231.6M217.3M
Other Current Assets4.4M8.5M22.9M14.9M17.1M15.0M
Other Stockholder Equity92.9M164.9M351.9M355.7M409.0M214.5M
Total Liab402.6M381.0M413.5M388.4M446.6M428.7M
Total Current Assets233.5M382.0M300.7M264.7M304.4M303.4M
Intangible Assets26.1M36.1M64.4M39.0M44.8M42.4M

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