Virgin Net Invested Capital vs Net Receivables Analysis

GROV Stock

USD 1.39 0.05 3.73%

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 Net Invested Capital and its Net Receivables 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.

Net Invested Capital vs Net Receivables

Net Invested Capital vs Net Receivables Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Virgin Group Acquisition Net Invested Capital account and Net Receivables. At this time, the significance of the direction appears to have fragmental relationship.

The correlation between Virgin Group's Net Invested Capital and Net Receivables is 0.54. Overlapping area represents the amount of variation of Net Invested Capital that can explain the historical movement of Net Receivables 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 Net Invested Capital and Net Receivables is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Net Invested Capital of Virgin Group Acquisition are associated (or correlated) with its Net Receivables. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Net Receivables has no effect on the direction of Net Invested Capital i.e., Virgin Group's Net Invested Capital and Net Receivables go up and down completely randomly.

Correlation Coefficient

0.54

Relationship Direction	Positive
Relationship Strength	Weak

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Net Invested Capital

The total amount of capital invested in a company, including both equity and debt, minus any cash or cash equivalents.

Net Receivables

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

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Virgin Net Invested Capital vs Net Receivables Analysis

Net Invested Capital vs Net Receivables

Net Invested Capital vs Net Receivables Correlation Analysis

Correlation Coefficient

Net Invested Capital

Net Receivables

Virgin Group fundamental ratios Correlations

Virgin Group Account Relationship Matchups

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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