National Long Term Debt vs Accounts Payable Analysis
EYE Stock | USD 11.55 0.21 1.85% |
National Vision financial indicator trend analysis is infinitely more than just investigating National Vision Holdings recent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether National Vision Holdings is a good investment. Please check the relationship between National Vision Long Term Debt and its Accounts Payable accounts. Check out Investing Opportunities to better understand how to build diversified portfolios, which includes a position in National Vision Holdings. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in manufacturing.
Long Term Debt vs Accounts Payable
Long Term Debt vs Accounts Payable Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of National Vision Holdings Long Term Debt account and Accounts Payable. At this time, the significance of the direction appears to have pay attention.
The correlation between National Vision's Long Term Debt and Accounts Payable is -0.73. Overlapping area represents the amount of variation of Long Term Debt that can explain the historical movement of Accounts Payable in the same time period over historical financial statements of National Vision Holdings, assuming nothing else is changed. The correlation between historical values of National Vision's Long Term Debt and Accounts Payable is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Long Term Debt of National Vision Holdings are associated (or correlated) with its Accounts Payable. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Accounts Payable has no effect on the direction of Long Term Debt i.e., National Vision's Long Term Debt and Accounts Payable go up and down completely randomly.
Correlation Coefficient | -0.73 |
Relationship Direction | Negative |
Relationship Strength | Weak |
Long Term Debt
Long-term debt is a debt that National Vision Holdings has held for over one year. Long-term debt appears on National Vision Holdings balance sheet and also includes long-term leases. The most common forms of long term debt are bonds payable, long-term notes payable, mortgage payable, pension liabilities, and lease liabilities. In the corporate world, long-term debt is generally used to fund big-ticket items, such as machinery, buildings, and land. The total of long-term debt reported on National Vision Holdings balance sheet is the sum of the balances of all categories of long-term debt. Debt that is not due within the current year and is often considered to be financing activities that are to be repaid over several years.Accounts Payable
An accounting item on the balance sheet that represents National Vision 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 National Vision Holdings 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.Most indicators from National Vision's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into National Vision Holdings 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 Investing Opportunities to better understand how to build diversified portfolios, which includes a position in National Vision Holdings. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in manufacturing. The current year's Tax Provision is expected to grow to about 4.3 M, whereas Selling General Administrative is forecasted to decline to about 697.3 M.
2021 | 2022 | 2023 | 2024 (projected) | Gross Profit | 1.2B | 1.1B | 1.1B | 933.5M | Total Revenue | 2.1B | 2.0B | 2.1B | 1.7B |
National Vision fundamental ratios Correlations
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National Vision Account Relationship Matchups
High Positive Relationship
High Negative Relationship
National Vision fundamental ratios Accounts
2019 | 2020 | 2021 | 2022 | 2023 | 2024 (projected) | ||
Common Stock Shares Outstanding | 81.7M | 82.8M | 96.1M | 80.3M | 78.3M | 83.7M | |
Total Assets | 2.0B | 2.3B | 2.3B | 2.3B | 1.2B | 2.0B | |
Short Long Term Debt Total | 953.4M | 1.0B | 973.3M | 1.0B | 923.5M | 920.9M | |
Other Current Liab | 82.8M | 48.4M | 119.3M | 94.1M | 121.4M | 91.7M | |
Total Current Liabilities | 273.2M | 328.7M | 343.8M | 344.3M | 397.7M | 302.9M | |
Total Stockholder Equity | 776.4M | 906.5M | 926.0M | 901.1M | 829.4M | 798.1M | |
Other Liab | 93.8M | 111.5M | 115.0M | 124.4M | 111.9M | 107.8M | |
Net Tangible Assets | (298.7M) | 187.0M | (134.2M) | 228.0M | 262.2M | 275.3M | |
Property Plant And Equipment Net | 714.9M | 681.4M | 701.3M | 742.6M | 769.1M | 578.4M | |
Current Deferred Revenue | 83.9M | 91.6M | 95.2M | 103.4M | 111.0M | 99.0M | |
Net Debt | 914.1M | 667.2M | 667.5M | 773.4M | 773.6M | 782.8M | |
Retained Earnings | 107.1M | 142.9M | 278.4M | 320.5M | 254.6M | 144.6M | |
Accounts Payable | 40.8M | 64.9M | 64.3M | 65.3M | 67.6M | 55.7M | |
Cash | 39.3M | 373.9M | 305.8M | 229.4M | 149.9M | 138.1M | |
Non Current Assets Total | 1.8B | 1.8B | 1.8B | 1.8B | 1.9B | 1.8B | |
Non Currrent Assets Other | 8.1M | 17.7M | 17.0M | (73.1M) | 26.5M | 27.9M | |
Other Assets | 8.1M | 17.7M | 17.0M | 22.0M | (1.1B) | (1.1B) | |
Long Term Debt | 555.9M | 624.6M | 543.6M | 563.4M | 450.8M | 472.5M | |
Cash And Short Term Investments | 39.3M | 373.9M | 305.8M | 229.4M | 149.9M | 138.1M | |
Net Receivables | 44.5M | 58.0M | 55.7M | 79.9M | 86.9M | 59.0M | |
Common Stock Total Equity | 805K | 821K | 838K | 842K | 968.3K | 819.1K | |
Long Term Debt Total | 555.9M | 651.8M | 566.1M | 563.4M | 507.0M | 494.9M | |
Liabilities And Stockholders Equity | 2.0B | 2.3B | 2.3B | 2.3B | 2.3B | 2.1B | |
Non Current Liabilities Total | 983.1M | 1.1B | 1.0B | 1.0B | 1.1B | 1.0B | |
Capital Surpluse | 700.1M | 795.7M | 750.5M | 767.1M | 882.2M | 709.9M | |
Inventory | 127.6M | 111.3M | 123.7M | 123.2M | 119.9M | 119.1M | |
Other Current Assets | 23.3M | 45.8M | 29.4M | 41.4M | 40.0M | 33.4M | |
Other Stockholder Equity | 672.3M | 767.2M | 648.7M | 580.9M | 574.4M | 658.8M | |
Total Liab | 1.3B | 1.4B | 1.4B | 1.4B | 382.4M | 363.2M | |
Property Plant And Equipment Gross | 714.9M | 681.4M | 701.3M | 742.6M | 1.3B | 1.4B | |
Short Long Term Debt | 13.8M | 3.6M | 4.0M | 4.1M | 10.5M | 7.3M | |
Total Current Assets | 234.6M | 566.7M | 514.6M | 473.8M | 396.7M | 346.9M | |
Accumulated Other Comprehensive Income | (3.8M) | (4.4M) | (1.9M) | (1.2M) | (419K) | (440.0K) | |
Short Term Debt | 65.7M | 123.9M | 64.9M | 81.3M | 95.9M | 56.3M | |
Intangible Assets | 297.5M | 290.1M | 282.6M | 275.2M | 260.8M | 238.1M | |
Common Stock | 805K | 821K | 838K | 842K | 848K | 831.7K | |
Property Plant Equipment | 714.9M | 681.4M | 701.3M | 742.6M | 854.0M | 544.7M | |
Capital Lease Obligations | 383.7M | 412.9M | 429.7M | 435.3M | 462.2M | 297.4M |
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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.When determining whether National Vision Holdings is a strong investment it is important to analyze National Vision's competitive position within its industry, examining market share, product or service uniqueness, and competitive advantages. Beyond financials and market position, potential investors should also consider broader economic conditions, industry trends, and any regulatory or geopolitical factors that may impact National Vision's future performance. For an informed investment choice regarding National Stock, refer to the following important reports:Check out Investing Opportunities to better understand how to build diversified portfolios, which includes a position in National Vision Holdings. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in manufacturing. You can also try the Insider Screener module to find insiders across different sectors to evaluate their impact on performance.
Is Other Specialty Retail space expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of National Vision. If investors know National will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about National Vision listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Quarterly Earnings Growth (0.34) | Earnings Share (1.04) | Revenue Per Share 27.744 | Quarterly Revenue Growth 0.029 | Return On Assets 0.0097 |
The market value of National Vision Holdings is measured differently than its book value, which is the value of National that is recorded on the company's balance sheet. Investors also form their own opinion of National Vision's value that differs from its market value or its book value, called intrinsic value, which is National Vision's true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because National Vision's market value can be influenced by many factors that don't directly affect National Vision's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between National Vision's value and its price as these two are different measures arrived at by different means. Investors typically determine if National Vision is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, National Vision's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.