300707 Other Current Liab vs Total Assets Analysis

300707 Stock

16.00 0.05 0.31%

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 Other Current Liab and its Total Assets 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.

Other Current Liab vs Total Assets

Other Current Liab vs Total Assets Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of VT Industrial Technology Other Current Liab account and Total Assets. At this time, the significance of the direction appears to have significant contrarian relationship.

The correlation between VT Industrial's Other Current Liab and Total Assets is -0.39. Overlapping area represents the amount of variation of Other Current Liab that can explain the historical movement of Total Assets 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 Other Current Liab and Total 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 Other Current Liab of VT Industrial Technology are associated (or correlated) with its Total Assets. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Total Assets has no effect on the direction of Other Current Liab i.e., VT Industrial's Other Current Liab and Total Assets go up and down completely randomly.

Correlation Coefficient

-0.39

Relationship Direction	Negative
Relationship Strength	Insignificant

View All Relationships

Other Current Liab

Total Assets

Total assets refers to the total amount of VT Industrial assets owned. Assets are items that have some economic value and are expended over time to create a benefit for the owner. These assets are usually recorded in VT Industrial Technology books under different categories such as cash, marketable securities, accounts receivable,prepaid expenses, inventory, fixed assets, intangible assets, other assets, marketable securities, accounts receivable, prepaid expenses and others. The total value of all owned resources that are expected to provide future economic benefits to the business, including cash, investments, accounts receivable, inventory, property, plant, equipment, and intangible assets.

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.

	2021	2022	2023	2024 (projected)
Gross Profit	182.4M	193.1M	186.5M	196.7M
Total Revenue	721.4M	823.0M	819.1M	630.3M

Gross Profit Total Revenue

VT Industrial fundamental ratios Correlations

	Total Assets	Other Current Liab	Total Current Liabilities	Total Stockholder Equity	Other Liab	Net Tangible Assets	Retained Earnings	Accounts Payable	Cash	Non Current Assets Total	Non Currrent Assets Other	Other Assets	Long Term Debt	Net Receivables	Non Current Liabilities Total	Inventory	Other Current Assets	Other Stockholder Equity	Total Liab	Deferred Long Term Liab	Short Long Term Debt	Total Current Assets	Non Current Liabilities Other	Short Term Debt	Intangible Assets	Common Stock
Total Assets		-0.39	0.95	0.98	0.95	0.94	0.95	0.92	0.97	0.98	-0.82	0.92	0.9	0.94	0.92	0.95	0.5	0.9	0.97	0.9	0.9	0.99	0.83	0.84	0.9	0.89
Other Current Liab	-0.39		-0.47	-0.3	-0.22	-0.16	-0.27	-0.55	-0.3	-0.49	0.07	-0.46	-0.23	-0.41	-0.45	-0.23	0.11	-0.45	-0.48	-0.5	-0.45	-0.33	-0.03	-0.1	-0.3	-0.16
Total Current Liabilities	0.95	-0.47		0.93	0.81	0.82	0.83	0.98	0.93	0.91	-0.72	0.81	0.82	0.82	0.81	0.93	0.29	0.79	0.92	0.79	0.91	0.94	0.64	0.72	0.77	0.78
Total Stockholder Equity	0.98	-0.3	0.93		0.93	0.97	0.96	0.87	0.96	0.94	-0.89	0.88	0.86	0.91	0.84	0.96	0.51	0.85	0.91	0.84	0.93	0.99	0.87	0.91	0.84	0.93
Other Liab	0.95	-0.22	0.81	0.93		0.94	0.96	0.77	0.93	0.93	-0.82	0.91	0.91	0.95	0.94	0.88	0.63	0.91	0.93	0.89	0.8	0.95	0.91	0.86	0.95	0.92
Net Tangible Assets	0.94	-0.16	0.82	0.97	0.94		0.98	0.76	0.9	0.9	-0.96	0.84	0.86	0.91	0.8	0.91	0.58	0.81	0.84	0.79	0.88	0.94	0.95	0.96	0.82	0.96
Retained Earnings	0.95	-0.27	0.83	0.96	0.96	0.98		0.79	0.89	0.95	-0.91	0.89	0.93	0.97	0.87	0.92	0.62	0.88	0.9	0.86	0.88	0.94	0.92	0.93	0.88	0.97
Accounts Payable	0.92	-0.55	0.98	0.87	0.77	0.76	0.79		0.87	0.91	-0.62	0.81	0.81	0.82	0.83	0.9	0.33	0.79	0.92	0.8	0.83	0.9	0.55	0.61	0.76	0.7
Cash	0.97	-0.3	0.93	0.96	0.93	0.9	0.89	0.87		0.9	-0.79	0.87	0.82	0.86	0.87	0.91	0.44	0.86	0.93	0.85	0.88	0.99	0.81	0.83	0.86	0.86
Non Current Assets Total	0.98	-0.49	0.91	0.94	0.93	0.9	0.95	0.91	0.9		-0.77	0.92	0.93	0.98	0.94	0.91	0.51	0.91	0.98	0.91	0.88	0.95	0.78	0.8	0.91	0.88
Non Currrent Assets Other	-0.82	0.07	-0.72	-0.89	-0.82	-0.96	-0.91	-0.62	-0.79	-0.77		-0.73	-0.74	-0.8	-0.63	-0.82	-0.46	-0.68	-0.69	-0.65	-0.85	-0.84	-0.94	-0.95	-0.66	-0.9
Other Assets	0.92	-0.46	0.81	0.88	0.91	0.84	0.89	0.81	0.87	0.92	-0.73		0.85	0.91	0.93	0.85	0.6	0.99	0.93	0.99	0.74	0.91	0.81	0.72	0.95	0.79
Long Term Debt	0.9	-0.23	0.82	0.86	0.91	0.86	0.93	0.81	0.82	0.93	-0.74	0.85		0.93	0.89	0.91	0.63	0.87	0.9	0.86	0.76	0.87	0.78	0.75	0.91	0.88
Net Receivables	0.94	-0.41	0.82	0.91	0.95	0.91	0.97	0.82	0.86	0.98	-0.8	0.91	0.93		0.93	0.87	0.63	0.91	0.93	0.91	0.84	0.91	0.85	0.84	0.92	0.92
Non Current Liabilities Total	0.92	-0.45	0.81	0.84	0.94	0.8	0.87	0.83	0.87	0.94	-0.63	0.93	0.89	0.93		0.8	0.53	0.94	0.98	0.94	0.73	0.89	0.74	0.67	0.97	0.77
Inventory	0.95	-0.23	0.93	0.96	0.88	0.91	0.92	0.9	0.91	0.91	-0.82	0.85	0.91	0.87	0.8		0.58	0.83	0.88	0.82	0.84	0.95	0.77	0.81	0.83	0.88
Other Current Assets	0.5	0.11	0.29	0.51	0.63	0.58	0.62	0.33	0.44	0.51	-0.46	0.6	0.63	0.63	0.53	0.58		0.62	0.47	0.61	0.22	0.49	0.61	0.52	0.66	0.6
Other Stockholder Equity	0.9	-0.45	0.79	0.85	0.91	0.81	0.88	0.79	0.86	0.91	-0.68	0.99	0.87	0.91	0.94	0.83	0.62		0.93	1.0	0.71	0.88	0.78	0.69	0.97	0.79
Total Liab	0.97	-0.48	0.92	0.91	0.93	0.84	0.9	0.92	0.93	0.98	-0.69	0.93	0.9	0.93	0.98	0.88	0.47	0.93		0.93	0.83	0.95	0.74	0.72	0.94	0.81
Deferred Long Term Liab	0.9	-0.5	0.79	0.84	0.89	0.79	0.86	0.8	0.85	0.91	-0.65	0.99	0.86	0.91	0.94	0.82	0.61	1.0	0.93		0.71	0.87	0.76	0.67	0.96	0.77
Short Long Term Debt	0.9	-0.45	0.91	0.93	0.8	0.88	0.88	0.83	0.88	0.88	-0.85	0.74	0.76	0.84	0.73	0.84	0.22	0.71	0.83	0.71		0.9	0.75	0.88	0.67	0.87
Total Current Assets	0.99	-0.33	0.94	0.99	0.95	0.94	0.94	0.9	0.99	0.95	-0.84	0.91	0.87	0.91	0.89	0.95	0.49	0.88	0.95	0.87	0.9		0.84	0.85	0.88	0.89
Non Current Liabilities Other	0.83	-0.03	0.64	0.87	0.91	0.95	0.92	0.55	0.81	0.78	-0.94	0.81	0.78	0.85	0.74	0.77	0.61	0.78	0.74	0.76	0.75	0.84		0.94	0.8	0.91
Short Term Debt	0.84	-0.1	0.72	0.91	0.86	0.96	0.93	0.61	0.83	0.8	-0.95	0.72	0.75	0.84	0.67	0.81	0.52	0.69	0.72	0.67	0.88	0.85	0.94		0.69	0.97
Intangible Assets	0.9	-0.3	0.77	0.84	0.95	0.82	0.88	0.76	0.86	0.91	-0.66	0.95	0.91	0.92	0.97	0.83	0.66	0.97	0.94	0.96	0.67	0.88	0.8	0.69		0.81
Common Stock	0.89	-0.16	0.78	0.93	0.92	0.96	0.97	0.7	0.86	0.88	-0.9	0.79	0.88	0.92	0.77	0.88	0.6	0.79	0.81	0.77	0.87	0.89	0.91	0.97	0.81

Click cells to compare fundamentals

VT Industrial Account Relationship Matchups

VT Industrial fundamental ratios Accounts

	2019	2020	2021	2022	2023	2024 (projected)
Total Assets	880.9M	1.2B	1.3B	1.5B	2.0B	1.2B
Other Current Liab	62.9M	67.1M	27.5M	577.0K	3.7M	3.6M
Total Current Liabilities	210.5M	194.3M	192.3M	283.8M	412.4M	241.3M
Total Stockholder Equity	648.9M	715.5M	763.7M	815.4M	1.2B	768.3M
Other Liab	14.5M	12.8M	26.7M	24.2M	27.9M	17.2M
Net Tangible Assets	602.3M	606.1M	654.4M	705.4M	811.2M	610.3M
Retained Earnings	244.5M	270.0M	313.0M	331.5M	341.9M	267.3M
Accounts Payable	76.5M	65.5M	93.2M	116.0M	170.5M	95.1M
Cash	230.0M	484.3M	334.7M	410.7M	757.7M	393.4M
Non Current Assets Total	313.6M	366.8M	486.8M	589.1M	637.5M	420.7M
Non Currrent Assets Other	4.3M	31.7M	38.5M	2.7M	10.3M	9.8M
Other Assets	16.3M	15.6M	60.9M	70.0M	80.5M	84.5M
Net Receivables	135.3M	170.8M	249.7M	257.6M	247.5M	181.2M
Non Current Liabilities Total	12.8M	288.0M	304.9M	382.6M	382.9M	196.8M
Inventory	192.6M	166.4M	182.5M	173.3M	260.3M	179.2M
Other Current Assets	9.4M	10.6M	15.0M	6.0M	8.3M	9.4M
Other Stockholder Equity	10.0M	12.7M	52.4M	53.9M	61.9M	65.0M
Total Liab	223.3M	482.3M	497.2M	666.4M	795.3M	438.1M
Deferred Long Term Liab	5.7M	6.1M	20.5M	22.8M	26.3M	27.6M
Short Long Term Debt	40M	30.2M	30.0M	60.1M	72.1M	45.0M
Total Current Assets	567.3M	839.4M	782.2M	898.5M	1.3B	795.9M
Non Current Liabilities Other	10.3M	14.9M	13.3M	12.7M	11.4M	12.5M
Intangible Assets	37.4M	55.6M	52.9M	52.3M	54.6M	48.7M
Property Plant Equipment	232.0M	254.4M	244.6M	328.1M	377.3M	245.1M
Net Invested Capital	688.9M	1.0B	1.1B	1.2B	1.6B	1.1B
Net Working Capital	356.8M	645.1M	589.9M	614.7M	930.2M	616.8M

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.

TITAN	Titan Company Limited
U	Unity Software
PAYC	Paycom Soft

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.

Macroaxis helps investors of all levels and skills to maximize the upside of all their holdings and minimize the risk associated with market volatility, economic swings, and company-specific events. View terms and conditions

Feedback Blog

Made with optimal in San Francisco

2024 Macroaxis LLC

300707 Other Current Liab vs Total Assets Analysis

Other Current Liab vs Total Assets

Other Current Liab vs Total Assets Correlation Analysis

Correlation Coefficient

Other Current Liab

Total Assets

VT Industrial fundamental ratios Correlations

VT Industrial Account Relationship Matchups

High Positive Relationship

High Negative Relationship

VT Industrial fundamental ratios Accounts

Also Currently Popular

Other Information on Investing in 300707 Stock

COMMON DESTINATIONS

MAIN CATEGORIES

COMPANY

Deferred Long Term Liab	+ 1.0	Other Stockholder Equity
Total Current Assets	+ 0.99	Total Assets
Total Current Assets	+ 0.99	Total Stockholder Equity
Total Current Assets	+ 0.99	Cash
Other Stockholder Equity	+ 0.99	Other Assets
Deferred Long Term Liab	+ 0.99	Other Assets

Non Currrent Assets Other	- 0.96	Net Tangible Assets
Short Term Debt	- 0.95	Non Currrent Assets Other
Non Current Liabilities Other	- 0.94	Non Currrent Assets Other
Non Currrent Assets Other	- 0.91	Retained Earnings
Common Stock	- 0.9	Non Currrent Assets Other
Non Currrent Assets Other	- 0.89	Total Stockholder Equity