Vatti Accounts Payable vs Total Current Assets Analysis

002035 Stock   7.53  0.06  0.80%   
Vatti Corp financial indicator trend analysis is much more than just breaking down Vatti Corp prevalent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Vatti Corp is a good investment. Please check the relationship between Vatti Corp Accounts Payable and its Total Current Assets accounts. Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in Vatti Corp. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in nation.

Accounts Payable vs Total Current Assets

Accounts Payable vs Total Current Assets Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Vatti Corp Accounts Payable account and Total Current Assets. At this time, the significance of the direction appears to have almost identical trend.
The correlation between Vatti Corp's Accounts Payable and Total Current Assets is 0.94. Overlapping area represents the amount of variation of Accounts Payable that can explain the historical movement of Total Current Assets in the same time period over historical financial statements of Vatti Corp, assuming nothing else is changed. The correlation between historical values of Vatti Corp's Accounts Payable and Total 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 Accounts Payable of Vatti Corp are associated (or correlated) with its Total Current Assets. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Total Current Assets has no effect on the direction of Accounts Payable i.e., Vatti Corp's Accounts Payable and Total Current Assets go up and down completely randomly.

Correlation Coefficient

0.94
Relationship DirectionPositive 
Relationship StrengthVery Strong

Accounts Payable

An accounting item on the balance sheet that represents Vatti Corp obligation to pay off a short-term debt to its creditors. The accounts payable entry is usually reported under current liabilities. If accounts payable of Vatti Corp are not paid within the agreed terms, the payables are considered to be in default, which may trigger a penalty or interest payment, or the revocation of additional credit from the supplier. Accounts payable may also be considered a source of cash, since they represent funds being borrowed from suppliers. Given these cash flow considerations, suppliers have a natural inclination to push for shorter payment terms, while creditors want to lengthen the payment terms. The amount a company owes to suppliers or vendors for products or services received but not yet paid for. It represents the company's short-term liabilities.

Total Current Assets

The total value of all assets that are expected to be converted into cash within one year or during the normal operating cycle.
Most indicators from Vatti Corp's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Vatti Corp 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 Trending Equities to better understand how to build diversified portfolios, which includes a position in Vatti Corp. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in nation.
As of December 29, 2024, Selling General Administrative is expected to decline to about 995.3 M. In addition to that, Tax Provision is expected to decline to about 46 M
 2021 2022 2023 2024 (projected)
Operating Income487.2M413.1M622.9M323.2M
Total Revenue5.6B5.8B6.2B3.6B

Vatti Corp fundamental ratios Correlations

0.441.01.00.980.970.880.90.680.970.051.00.850.980.860.930.580.84-0.520.920.59-0.540.950.85-0.850.74
0.440.430.440.410.420.270.520.610.450.390.430.40.420.460.50.510.540.050.40.34-0.340.40.35-0.330.31
1.00.430.990.970.980.90.880.680.970.01.00.840.970.860.910.560.82-0.540.920.58-0.560.950.86-0.860.73
1.00.440.990.990.960.860.90.670.970.080.990.860.980.860.930.590.85-0.520.910.59-0.530.930.84-0.840.72
0.980.410.970.990.950.830.880.690.950.130.970.840.980.80.950.50.86-0.470.940.66-0.550.960.84-0.850.74
0.970.420.980.960.950.850.840.610.960.010.980.810.950.890.910.480.79-0.590.930.57-0.660.940.92-0.920.75
0.880.270.90.860.830.850.780.570.8-0.140.90.750.870.720.730.510.57-0.520.780.53-0.550.850.73-0.830.63
0.90.520.880.90.880.840.780.70.840.310.880.680.910.750.90.610.81-0.380.80.72-0.50.840.66-0.760.64
0.680.610.680.670.690.610.570.70.650.180.690.470.70.380.690.350.660.120.660.6-0.30.730.46-0.490.62
0.970.450.970.970.950.960.80.840.650.010.970.780.920.90.880.530.82-0.490.910.45-0.520.920.89-0.80.72
0.050.390.00.080.130.01-0.140.310.180.010.0-0.070.1-0.060.320.120.20.30.090.56-0.170.07-0.1-0.120.18
1.00.431.00.990.970.980.90.880.690.970.00.830.970.860.920.560.82-0.530.920.58-0.560.950.86-0.860.74
0.850.40.840.860.840.810.750.680.470.78-0.070.830.830.730.720.520.68-0.620.720.48-0.510.740.69-0.740.47
0.980.420.970.980.980.950.870.910.70.920.10.970.830.80.930.560.82-0.490.920.7-0.560.950.81-0.870.71
0.860.460.860.860.80.890.720.750.380.9-0.060.860.730.80.750.670.67-0.640.760.27-0.570.740.86-0.760.59
0.930.50.910.930.950.910.730.90.690.880.320.920.720.930.750.470.9-0.430.90.72-0.480.920.78-0.810.78
0.580.510.560.590.50.480.510.610.350.530.120.560.520.560.670.470.46-0.330.350.22-0.180.380.33-0.330.23
0.840.540.820.850.860.790.570.810.660.820.20.820.680.820.670.90.46-0.320.860.53-0.290.840.72-0.60.55
-0.520.05-0.54-0.52-0.47-0.59-0.52-0.380.12-0.490.3-0.53-0.62-0.49-0.64-0.43-0.33-0.32-0.35-0.180.34-0.37-0.470.54-0.15
0.920.40.920.910.940.930.780.80.660.910.090.920.720.920.760.90.350.86-0.350.6-0.60.980.92-0.860.75
0.590.340.580.590.660.570.530.720.60.450.560.580.480.70.270.720.220.53-0.180.6-0.550.660.35-0.690.52
-0.54-0.34-0.56-0.53-0.55-0.66-0.55-0.5-0.3-0.52-0.17-0.56-0.51-0.56-0.57-0.48-0.18-0.290.34-0.6-0.55-0.58-0.660.85-0.41
0.950.40.950.930.960.940.850.840.730.920.070.950.740.950.740.920.380.84-0.370.980.66-0.580.87-0.870.77
0.850.350.860.840.840.920.730.660.460.89-0.10.860.690.810.860.780.330.72-0.470.920.35-0.660.87-0.860.72
-0.85-0.33-0.86-0.84-0.85-0.92-0.83-0.76-0.49-0.8-0.12-0.86-0.74-0.87-0.76-0.81-0.33-0.60.54-0.86-0.690.85-0.87-0.86-0.73
0.740.310.730.720.740.750.630.640.620.720.180.740.470.710.590.780.230.55-0.150.750.52-0.410.770.72-0.73
Click cells to compare fundamentals

Vatti Corp Account Relationship Matchups

Vatti Corp fundamental ratios Accounts

201920202021202220232024 (projected)
Total Assets6.0B5.8B6.5B6.7B7.2B7.6B
Other Current Liab775.3M325.3M682.7M419.1M538.1M322.9M
Total Current Liabilities2.8B2.6B3.1B3.2B3.5B3.7B
Total Stockholder Equity3.0B3.2B3.2B3.3B3.6B3.8B
Retained Earnings2.3B2.4B2.4B2.1B2.5B2.6B
Accounts Payable1.9B1.6B2.1B2.1B2.4B2.5B
Cash1.0B914.1M905.6M1.6B1.5B1.6B
Other Assets227.1M268.1M234.9M205.2M236.0M247.8M
Net Receivables1.7B706.8M1.7B1.2B750.7M586.6M
Inventory563.7M663.8M917.8M771.1M801.0M841.1M
Other Current Assets209.0M201.3M26.7M20.1M9.9M9.4M
Total Liab2.9B2.6B3.2B3.3B3.5B3.7B
Intangible Assets204.4M199.4M199.4M193.6M316.9M332.7M
Common Stock581.8M881.6M869.2M847.7M974.8M1.0B
Property Plant Equipment587.6M773.9M925.7M1.2B1.4B1.5B
Other Liab29.2M65.8M49.4M44.5M51.2M53.7M
Short Term Investments1.2B930.8M1.1B611.8M1.4B779.9M
Net Tangible Assets2.3B2.7B2.9B2.9B3.4B2.4B
Deferred Long Term Liab177.3M216.8M169.0M92.2M106.0M134.8M
Total Current Assets4.5B4.3B4.7B4.7B5.0B4.2B
Non Current Assets Total1.4B1.6B1.9B2.0B2.2B1.7B
Non Currrent Assets Other13.5M17.1M24.7M7.6M5.8M5.5M
Non Current Liabilities Total65.8M49.4M47.7M93.5M30.4M50.4M
Net Invested Capital3.0B3.3B3.4B3.5B3.7B3.4B
Net Working Capital1.7B1.7B1.5B1.5B1.6B1.7B

Also Currently Popular

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.

Other Information on Investing in Vatti Stock

Balance Sheet is a snapshot of the financial position of Vatti Corp at a specified time, usually calculated after every quarter, six months, or one year. Vatti Corp Balance Sheet has two main parts: assets and liabilities. Liabilities are the debts or obligations of Vatti Corp and are divided into current liabilities and long term liabilities. An asset, on the other hand, is anything of value that can be converted into cash and which Vatti currently owns. An asset can also be divided into two categories, current and non-current.