Vintage Non Currrent Assets Other vs Good Will Analysis

VWEWW Stock  USD 0.01  0  70.18%   
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 Currrent Assets Other and its Good Will 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.

Non Currrent Assets Other vs Good Will

Non Currrent Assets Other vs Good Will Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Vintage Wine Estates Non Currrent Assets Other account and Good Will. At this time, the significance of the direction appears to have significant contrarian relationship.
The correlation between Vintage Wine's Non Currrent Assets Other and Good Will is -0.34. Overlapping area represents the amount of variation of Non Currrent Assets Other that can explain the historical movement of Good Will 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 Currrent Assets Other and Good Will 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 Currrent Assets Other of Vintage Wine Estates are associated (or correlated) with its Good Will. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Good Will has no effect on the direction of Non Currrent Assets Other i.e., Vintage Wine's Non Currrent Assets Other and Good Will go up and down completely randomly.

Correlation Coefficient

-0.34
Relationship DirectionNegative 
Relationship StrengthInsignificant

Non Currrent Assets Other

Assets that are not physical or tangible, expected to provide value for more than one year, and not easily converted into cash, such as long-term investments or patents.

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.
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.
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
Click cells to compare fundamentals

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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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 Efficient Frontier module to plot and analyze your portfolio and positions against risk-return landscape of the market..

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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
(0.60)
Earnings Share
0.105
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.