300707 Stock | | | 16.78 0.22 1.33% |
VT Industrial financial indicator trend analysis is much more than just breaking down VT Industrial Technology prevalent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether VT Industrial Technology is a good investment. Please check the relationship between VT Industrial Non Current Liabilities Total and its Deferred Long Term Liab accounts. Check out
Trending Equities to better understand how to build diversified portfolios, which includes a position in VT Industrial Technology. 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.
Non Current Liabilities Total vs Deferred Long Term Liab
Non Current Liabilities Total vs Deferred Long Term Liab Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of
VT Industrial Technology Non Current Liabilities Total account and
Deferred Long Term Liab. At this time, the significance of the direction appears to have almost identical trend.
The correlation between VT Industrial's Non Current Liabilities Total and Deferred Long Term Liab is 0.94. Overlapping area represents the amount of variation of Non Current Liabilities Total that can explain the historical movement of Deferred Long Term Liab in the same time period over historical financial statements of VT Industrial Technology, assuming nothing else is changed. The correlation between historical values of VT Industrial's Non Current Liabilities Total and Deferred Long Term Liab 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 Liabilities Total of VT Industrial Technology are associated (or correlated) with its Deferred Long Term Liab. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Deferred Long Term Liab has no effect on the direction of Non Current Liabilities Total i.e., VT Industrial's Non Current Liabilities Total and Deferred Long Term Liab go up and down completely randomly.
Correlation Coefficient | 0.94 |
Relationship Direction | Positive |
Relationship Strength | Very Strong |
Non Current Liabilities Total
Deferred Long Term Liab
Liabilities that are due after more than one year, including deferred tax liabilities and deferred revenue.
Most indicators from VT Industrial's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into VT Industrial Technology 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 VT Industrial Technology. 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.
The current year's
Tax Provision is expected to grow to about 7.8
M, whereas
Selling General Administrative is forecasted to decline to about 37.9
M.
VT Industrial fundamental ratios Correlations
Click cells to compare fundamentals
VT Industrial Account Relationship Matchups
High Positive Relationship
High Negative Relationship
VT Industrial fundamental ratios Accounts
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Other Information on Investing in 300707 Stock
Balance Sheet is a snapshot of the
financial position of VT Industrial Technology at a specified time, usually calculated after every quarter, six months, or one year. VT Industrial Balance Sheet has two main parts: assets and liabilities. Liabilities are the debts or obligations of VT Industrial 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 300707 currently owns. An asset can also be divided into two categories, current and non-current.