Vinci Short Term Investments vs Good Will Analysis

0NQM Stock   100.82  0.22  0.22%   
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 Short Term Investments and its Good Will 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.

Short Term Investments vs Good Will

Short Term Investments vs Good Will Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Vinci SA Short Term Investments account and Good Will. At this time, the significance of the direction appears to have no relationship.
The correlation between Vinci SA's Short Term Investments and Good Will is 0.07. Overlapping area represents the amount of variation of Short Term Investments that can explain the historical movement of Good Will 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 Short Term Investments 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 Short Term Investments of Vinci SA 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 Short Term Investments i.e., Vinci SA's Short Term Investments and Good Will go up and down completely randomly.

Correlation Coefficient

0.07
Relationship DirectionPositive 
Relationship StrengthInsignificant

Short Term Investments

Short Term Investments is an item under the current assets section of Vinci SA balance sheet. It contains any investments Vinci SA undertook that will expire in less than one year. These accounts contain financial instruments such as stocks or bonds that Vinci SA can easily liquidate in the marketplace.

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 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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