Virgin Interest Expense vs Interest Income Analysis

GROV Stock

USD 1.55 0.04 2.65%

Virgin Group financial indicator trend analysis is much more than just breaking down Virgin Group Acquisition prevalent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Virgin Group Acquisition is a good investment. Please check the relationship between Virgin Group Interest Expense and its Interest Income accounts. Check out Risk vs Return Analysis to better understand how to build diversified portfolios, which includes a position in Virgin Group Acquisition. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in persons.

Interest Expense vs Interest Income

Interest Expense vs Interest Income Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Virgin Group Acquisition Interest Expense account and Interest Income. At this time, the significance of the direction appears to have almost identical trend.

The correlation between Virgin Group's Interest Expense and Interest Income is 0.96. Overlapping area represents the amount of variation of Interest Expense that can explain the historical movement of Interest Income in the same time period over historical financial statements of Virgin Group Acquisition, assuming nothing else is changed. The correlation between historical values of Virgin Group's Interest Expense and Interest Income is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Interest Expense of Virgin Group Acquisition are associated (or correlated) with its Interest Income. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Interest Income has no effect on the direction of Interest Expense i.e., Virgin Group's Interest Expense and Interest Income go up and down completely randomly.

Correlation Coefficient

0.96

Relationship Direction	Positive
Relationship Strength	Very Strong

View All Relationships

Interest Expense

The cost incurred by an entity for borrowed funds, including loans, bonds, or lines of credit.

Interest Income

Income earned from the investment of cash or from lending money to others, including interest from bank accounts, bonds, or other interest-bearing investments.

Most indicators from Virgin Group's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Virgin Group Acquisition 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 Risk vs Return Analysis to better understand how to build diversified portfolios, which includes a position in Virgin Group Acquisition. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in persons.

At this time, Virgin Group's Selling General Administrative is fairly stable compared to the past year. Sales General And Administrative To Revenue is likely to climb to 0.62 in 2024, whereas Tax Provision is likely to drop slightly above 38 K in 2024.

	2021	2022	2023	2024 (projected)
Gross Profit	188.5M	154.7M	137.4M	122.0M
Total Revenue	383.7M	321.5M	259.3M	261.9M

Gross Profit Total Revenue

Virgin Group fundamental ratios Correlations

	Total Assets	Other Current Liab	Total Current Liabilities	Accounts Payable	Inventory	Total Liab	Common Stock	Short Long Term Debt Total	Total Stockholder Equity	Other Liab	Net Tangible Assets	Property Plant And Equipment Net	Net Debt	Retained Earnings	Cash	Non Current Assets Total	Non Currrent Assets Other	Other Assets	Cash And Short Term Investments	Net Receivables	Common Stock Shares Outstanding	Non Current Liabilities Total	Other Current Assets	Other Stockholder Equity	Total Current Assets	Short Term Debt
Total Assets		0.73	0.44	0.17	0.9	0.88	-0.67	0.73	0.8	0.35	0.19	0.85	-0.41	-0.58	0.86	0.85	-0.36	-0.17	0.86	0.26	0.38	0.74	0.32	0.41	0.88	-0.76
Other Current Liab	0.73		0.91	0.76	0.86	0.81	-0.93	0.2	0.38	0.08	0.04	0.34	-0.28	-0.14	0.36	0.33	-0.21	0.03	0.36	0.18	0.06	0.22	0.22	0.1	0.37	-0.26
Total Current Liabilities	0.44	0.91		0.94	0.72	0.65	-0.92	-0.06	0.03	-0.14	-0.15	0.04	-0.04	0.09	-0.02	0.03	0.11	0.14	-0.02	-0.01	-0.15	-0.07	-0.02	-0.13	0.0	0.09
Accounts Payable	0.17	0.76	0.94		0.45	0.35	-0.78	-0.39	-0.13	-0.39	-0.34	-0.24	-0.09	0.41	-0.24	-0.26	0.25	0.18	-0.24	-0.22	-0.38	-0.4	-0.24	-0.41	-0.26	0.38
Inventory	0.9	0.86	0.72	0.45		0.96	-0.84	0.61	0.5	0.22	0.06	0.69	-0.12	-0.48	0.55	0.69	-0.09	0.04	0.55	0.27	0.23	0.59	0.25	0.29	0.62	-0.49
Total Liab	0.88	0.81	0.65	0.35	0.96		-0.83	0.72	0.41	0.44	0.29	0.63	0.01	-0.63	0.54	0.66	-0.22	-0.1	0.54	0.34	0.44	0.71	0.33	0.5	0.6	-0.6
Common Stock	-0.67	-0.93	-0.92	-0.78	-0.84	-0.83		-0.26	-0.22	-0.12	-0.05	-0.27	0.08	0.22	-0.26	-0.28	0.05	0.15	-0.26	0.04	-0.16	-0.25	0.02	-0.14	-0.26	0.25
Short Long Term Debt Total	0.73	0.2	-0.06	-0.39	0.61	0.72	-0.26		0.48	0.69	0.48	0.81	0.11	-0.93	0.7	0.86	-0.31	-0.28	0.7	0.39	0.72	0.99	0.38	0.76	0.76	-0.85
Total Stockholder Equity	0.8	0.38	0.03	-0.13	0.5	0.41	-0.22	0.48		0.1	-0.02	0.83	-0.8	-0.3	0.95	0.79	-0.4	-0.19	0.95	0.07	0.14	0.51	0.19	0.15	0.93	-0.67
Other Liab	0.35	0.08	-0.14	-0.39	0.22	0.44	-0.12	0.69	0.1		0.96	0.3	0.29	-0.89	0.38	0.36	-0.73	-0.57	0.38	0.45	0.97	0.73	0.59	0.99	0.4	-0.79
Net Tangible Assets	0.19	0.04	-0.15	-0.34	0.06	0.29	-0.05	0.48	-0.02	0.96		0.08	0.27	-0.74	0.23	0.14	-0.81	-0.51	0.23	0.5	0.89	0.55	0.65	0.93	0.23	-0.66
Property Plant And Equipment Net	0.85	0.34	0.04	-0.24	0.69	0.63	-0.27	0.81	0.83	0.3	0.08		-0.34	-0.64	0.89	1.0	-0.2	-0.12	0.89	0.21	0.35	0.79	0.25	0.38	0.95	-0.75
Net Debt	-0.41	-0.28	-0.04	-0.09	-0.12	0.01	0.08	0.11	-0.8	0.29	0.27	-0.34		-0.26	-0.62	-0.28	0.32	0.09	-0.62	0.17	0.27	0.06	0.03	0.29	-0.53	0.23
Retained Earnings	-0.58	-0.14	0.09	0.41	-0.48	-0.63	0.22	-0.93	-0.3	-0.89	-0.74	-0.64	-0.26		-0.57	-0.69	0.48	0.45	-0.57	-0.41	-0.91	-0.94	-0.48	-0.93	-0.63	0.87
Cash	0.86	0.36	-0.02	-0.24	0.55	0.54	-0.26	0.7	0.95	0.38	0.23	0.89	-0.62	-0.57		0.87	-0.52	-0.36	1.0	0.15	0.43	0.73	0.28	0.43	0.98	-0.86
Non Current Assets Total	0.85	0.33	0.03	-0.26	0.69	0.66	-0.28	0.86	0.79	0.36	0.14	1.0	-0.28	-0.69	0.87		-0.22	-0.14	0.87	0.25	0.41	0.84	0.28	0.45	0.94	-0.78
Non Currrent Assets Other	-0.36	-0.21	0.11	0.25	-0.09	-0.22	0.05	-0.31	-0.4	-0.73	-0.81	-0.2	0.32	0.48	-0.52	-0.22		0.45	-0.52	-0.47	-0.64	-0.41	-0.69	-0.7	-0.47	0.69
Other Assets	-0.17	0.03	0.14	0.18	0.04	-0.1	0.15	-0.28	-0.19	-0.57	-0.51	-0.12	0.09	0.45	-0.36	-0.14	0.45		-0.36	0.45	-0.71	-0.3	0.22	-0.5	-0.26	0.57
Cash And Short Term Investments	0.86	0.36	-0.02	-0.24	0.55	0.54	-0.26	0.7	0.95	0.38	0.23	0.89	-0.62	-0.57	1.0	0.87	-0.52	-0.36		0.15	0.43	0.73	0.28	0.43	0.98	-0.86
Net Receivables	0.26	0.18	-0.01	-0.22	0.27	0.34	0.04	0.39	0.07	0.45	0.5	0.21	0.17	-0.41	0.15	0.25	-0.47	0.45	0.15		0.25	0.44	0.95	0.5	0.25	-0.3
Common Stock Shares Outstanding	0.38	0.06	-0.15	-0.38	0.23	0.44	-0.16	0.72	0.14	0.97	0.89	0.35	0.27	-0.91	0.43	0.41	-0.64	-0.71	0.43	0.25		0.75	0.4	0.96	0.43	-0.82
Non Current Liabilities Total	0.74	0.22	-0.07	-0.4	0.59	0.71	-0.25	0.99	0.51	0.73	0.55	0.79	0.06	-0.94	0.73	0.84	-0.41	-0.3	0.73	0.44	0.75		0.46	0.8	0.78	-0.89
Other Current Assets	0.32	0.22	-0.02	-0.24	0.25	0.33	0.02	0.38	0.19	0.59	0.65	0.25	0.03	-0.48	0.28	0.28	-0.69	0.22	0.28	0.95	0.4	0.46		0.62	0.35	-0.45
Other Stockholder Equity	0.41	0.1	-0.13	-0.41	0.29	0.5	-0.14	0.76	0.15	0.99	0.93	0.38	0.29	-0.93	0.43	0.45	-0.7	-0.5	0.43	0.5	0.96	0.8	0.62		0.46	-0.82
Total Current Assets	0.88	0.37	0.0	-0.26	0.62	0.6	-0.26	0.76	0.93	0.4	0.23	0.95	-0.53	-0.63	0.98	0.94	-0.47	-0.26	0.98	0.25	0.43	0.78	0.35	0.46		-0.86
Short Term Debt	-0.76	-0.26	0.09	0.38	-0.49	-0.6	0.25	-0.85	-0.67	-0.79	-0.66	-0.75	0.23	0.87	-0.86	-0.78	0.69	0.57	-0.86	-0.3	-0.82	-0.89	-0.45	-0.82	-0.86

Click cells to compare fundamentals

Virgin Group Account Relationship Matchups

Thematic Opportunities

Explore Investment Opportunities

Build portfolios using Macroaxis predefined set of investing ideas. Many of Macroaxis investing ideas can easily outperform a given market. Ideas can also be optimized per your risk profile before portfolio origination is invoked. Macroaxis thematic optimization helps investors identify companies most likely to benefit from changes or shifts in various micro-economic or local macro-level trends. Originating optimal thematic portfolios involves aligning investors' personal views, ideas, and beliefs with their actual investments.

Explore Investing Ideas

Additional Tools for Virgin Stock Analysis

When running Virgin Group's price analysis, check to measure Virgin Group's market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy Virgin Group is operating at the current time. Most of Virgin Group's value examination focuses on studying past and present price action to predict the probability of Virgin Group's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Virgin Group's price. Additionally, you may evaluate how the addition of Virgin Group to your portfolios can decrease your overall portfolio volatility.

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

Virgin Interest Expense vs Interest Income Analysis

Interest Expense vs Interest Income

Interest Expense vs Interest Income Correlation Analysis

Correlation Coefficient

Interest Expense

Interest Income

Virgin Group fundamental ratios Correlations

Virgin Group Account Relationship Matchups

High Positive Relationship

High Negative Relationship

Thematic Opportunities

Explore Investment Opportunities

Additional Tools for Virgin Stock Analysis

COMMON DESTINATIONS

MAIN CATEGORIES

COMPANY

Non Current Assets Total	+ 1.0	Property Plant And Equipment Net
Cash And Short Term Investments	+ 1.0	Cash
Non Current Liabilities Total	+ 0.99	Short Long Term Debt Total
Other Stockholder Equity	+ 0.99	Other Liab
Total Current Assets	+ 0.98	Cash
Total Current Assets	+ 0.98	Cash And Short Term Investments

Non Current Liabilities Total	- 0.94	Retained Earnings
Other Stockholder Equity	- 0.93	Retained Earnings
Retained Earnings	- 0.93	Short Long Term Debt Total
Common Stock	- 0.93	Other Current Liab
Common Stock	- 0.92	Total Current Liabilities
Common Stock Shares Outstanding	- 0.91	Retained Earnings