Vinci Inventory vs Total Current Liabilities Analysis

0NQM Stock   100.86  0.66  0.66%   
Vinci SA financial indicator trend analysis is much more than just breaking down Vinci SA prevalent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Vinci SA is a good investment. Please check the relationship between Vinci SA Inventory and its Total Current Liabilities accounts. Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in Vinci SA. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in board of governors.

Inventory vs Total Current Liabilities

Inventory vs Total Current Liabilities Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Vinci SA Inventory account and Total Current Liabilities. At this time, the significance of the direction appears to have almost identical trend.
The correlation between Vinci SA's Inventory and Total Current Liabilities is 0.95. Overlapping area represents the amount of variation of Inventory that can explain the historical movement of Total Current Liabilities in the same time period over historical financial statements of Vinci SA, assuming nothing else is changed. The correlation between historical values of Vinci SA's Inventory and Total Current Liabilities is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Inventory of Vinci SA are associated (or correlated) with its Total Current Liabilities. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Total Current Liabilities has no effect on the direction of Inventory i.e., Vinci SA's Inventory and Total Current Liabilities go up and down completely randomly.

Correlation Coefficient

0.95
Relationship DirectionPositive 
Relationship StrengthVery Strong

Inventory

Total Current Liabilities

Total Current Liabilities is an item on Vinci SA balance sheet that include short term debt, accounts payable, accrued salaries payable, payroll taxes payable, accrued liabilities and other debts. Total Current Liabilities of Vinci SA are important to investors because some useful performance ratios such as Current Ratio and Quick Ratio require Total Current Liabilities to be accurate. The total amount of liabilities that a company is expected to pay within one year, including debts, accounts payable, and other short-term financial obligations.
Most indicators from Vinci SA's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Vinci SA 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 Vinci SA. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in board of governors.
Tax Provision is likely to drop to about 1.5 B in 2024. Selling General Administrative is likely to drop to about 246.2 M in 2024
 2020 2021 2023 2024 (projected)
Interest Income605M658M756.7M577.9M
Tax Provision807M1.6B1.9B1.5B

Vinci SA fundamental ratios Correlations

0.990.860.98-0.840.940.960.990.940.951.00.060.980.970.80.951.00.92-0.630.480.99-0.390.990.850.96-0.9
0.990.840.96-0.860.950.971.00.950.940.990.020.960.960.770.961.00.9-0.660.450.97-0.30.990.820.94-0.91
0.860.840.86-0.560.890.740.840.890.890.84-0.190.910.950.990.790.860.99-0.280.330.85-0.470.860.990.94-0.82
0.980.960.86-0.840.930.950.970.930.960.990.060.990.970.80.960.970.93-0.620.620.96-0.460.950.850.94-0.86
-0.84-0.86-0.56-0.84-0.8-0.95-0.86-0.8-0.84-0.87-0.05-0.8-0.76-0.46-0.94-0.83-0.660.75-0.57-0.780.24-0.82-0.52-0.710.76
0.940.950.890.93-0.80.910.951.00.910.94-0.280.960.950.850.920.940.94-0.430.390.9-0.330.940.860.91-0.84
0.960.970.740.95-0.950.910.970.910.940.980.070.920.910.660.990.960.83-0.740.540.93-0.30.960.720.88-0.88
0.991.00.840.97-0.860.950.970.950.950.990.030.960.960.770.961.00.9-0.660.460.97-0.320.990.820.95-0.9
0.940.950.890.93-0.81.00.910.950.910.94-0.280.960.950.850.920.940.94-0.430.40.9-0.330.940.860.91-0.84
0.950.940.890.96-0.840.910.940.950.910.960.020.950.970.810.970.940.94-0.650.590.91-0.350.940.860.92-0.87
1.00.990.840.99-0.870.940.980.990.940.960.070.970.970.770.970.990.91-0.680.540.97-0.370.980.830.94-0.89
0.060.02-0.190.06-0.05-0.280.070.03-0.280.020.07-0.04-0.04-0.270.020.05-0.15-0.580.290.15-0.140.04-0.160.02-0.07
0.980.960.910.99-0.80.960.920.960.960.950.97-0.040.980.860.930.970.96-0.510.530.96-0.50.950.90.96-0.86
0.970.960.950.97-0.760.950.910.960.950.970.97-0.040.980.890.930.970.98-0.540.490.95-0.420.970.930.98-0.9
0.80.770.990.8-0.460.850.660.770.850.810.77-0.270.860.890.710.80.96-0.150.230.79-0.490.80.990.89-0.75
0.950.960.790.96-0.940.920.990.960.920.970.970.020.930.930.710.950.87-0.720.590.91-0.290.940.760.88-0.87
1.01.00.860.97-0.830.940.961.00.940.940.990.050.970.970.80.950.92-0.630.440.99-0.380.990.850.96-0.9
0.920.90.990.93-0.660.940.830.90.940.940.91-0.150.960.980.960.870.92-0.390.430.9-0.470.910.980.96-0.85
-0.63-0.66-0.28-0.620.75-0.43-0.74-0.66-0.43-0.65-0.68-0.58-0.51-0.54-0.15-0.72-0.63-0.39-0.6-0.62-0.06-0.64-0.25-0.50.6
0.480.450.330.62-0.570.390.540.460.40.590.540.290.530.490.230.590.440.43-0.60.41-0.280.40.310.38-0.37
0.990.970.850.96-0.780.90.930.970.90.910.970.150.960.950.790.910.990.9-0.620.41-0.440.980.850.97-0.89
-0.39-0.3-0.47-0.460.24-0.33-0.3-0.32-0.33-0.35-0.37-0.14-0.5-0.42-0.49-0.29-0.38-0.47-0.06-0.28-0.44-0.35-0.54-0.520.44
0.990.990.860.95-0.820.940.960.990.940.940.980.040.950.970.80.940.990.91-0.640.40.98-0.350.850.97-0.94
0.850.820.990.85-0.520.860.720.820.860.860.83-0.160.90.930.990.760.850.98-0.250.310.85-0.540.850.94-0.81
0.960.940.940.94-0.710.910.880.950.910.920.940.020.960.980.890.880.960.96-0.50.380.97-0.520.970.94-0.94
-0.9-0.91-0.82-0.860.76-0.84-0.88-0.9-0.84-0.87-0.89-0.07-0.86-0.9-0.75-0.87-0.9-0.850.6-0.37-0.890.44-0.94-0.81-0.94
Click cells to compare fundamentals

Vinci SA Account Relationship Matchups

Vinci SA fundamental ratios Accounts

201920202021202220232024 (projected)
Total Assets69.8B75.4B91.2B91.2B104.8B87.0B
Short Long Term Debt Total16.6B19.6B27.7B28.1B32.3B23.8B
Total Current Liabilities33.5B33.5B42.3B48.3B55.5B39.0B
Total Stockholder Equity17.8B19.2B20.4B20.9B24.0B20.8B
Retained Earnings3.3B1.2B2.6B4.3B3.8B3.6B
Cash7.0B8.2B8.5B11.9B13.7B9.3B
Other Assets2.8B3.0B2.7B2.6B3.0B2.4B
Long Term Debt16.5B19.5B26.4B26.7B30.7B23.2B
Cash And Short Term Investments7.0B8.2B8.6B11.9B13.7B9.4B
Net Receivables14.7B12.8B16.1B18.4B21.1B13.9B
Good Will8.6B9.8B11.6B11.6B13.4B10.9B
Short Term Investments38M37M53M30M34.5M42.5M
Capital Surpluse9.9B10.3B10.9B11.5B13.3B11.5B
Inventory1.4B1.4B1.6B1.8B2.1B1.5B
Other Current Assets5.5B5.9B6.9B8.2B9.4B6.7B
Other Stockholder Equity7.9B8.9B8.5B9.6B11.0B6.2B
Total Liab52.0B56.2B70.7B70.3B80.8B66.1B
Total Current Assets30.2B32.0B35.9B41.7B48.0B34.5B
Treasury Stock(1.8B)(2.3B)(3.1B)(2.1B)(1.9B)(2.0B)
Short Term Debt2.1B2.5B1.7B1.5B1.8B1.9B
Intangible Assets27.0B27.8B34.3B32.7B37.6B32.7B
Common Stock1.5B1.5B1.5B1.5B1.3B1.2B
Property Plant Equipment10.2B9.8B10.3B10.8B12.4B8.7B
Other Current Liab19.8B19.8B23.4B27.8B32.0B23.9B
Other Liab6.4B6.0B6.8B7.2B8.2B6.8B
Net Tangible Assets(25.5B)(23.3B)(27.0B)(28.7B)(25.8B)(27.1B)
Accounts Payable8.5B8.9B12.0B13.1B15.1B11.2B

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