| GV Stock | | | USD 1.50 0.02 1.35% |
Visionary Education financial indicator trend analysis is much more than just breaking down Visionary Education prevalent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Visionary Education is a good investment. Please check the relationship between Visionary Education Net Income and its Gross Profit accounts. Check out
Risk vs Return Analysis to better understand how to build diversified portfolios, which includes a position in Visionary Education 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 real.
Net Income vs Gross Profit
Net Income vs Gross Profit Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of
Visionary Education Net Income account and
Gross Profit. At this time, the significance of the direction appears to have very strong relationship.
The correlation between Visionary Education's Net Income and Gross Profit is 0.86. Overlapping area represents the amount of variation of Net Income that can explain the historical movement of Gross Profit in the same time period over historical financial statements of Visionary Education Technology, assuming nothing else is changed. The correlation between historical values of Visionary Education's Net Income and Gross Profit 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 Income of Visionary Education Technology are associated (or correlated) with its Gross Profit. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Gross Profit has no effect on the direction of Net Income i.e., Visionary Education's Net Income and Gross Profit go up and down completely randomly.
Correlation Coefficient | 0.86 |
| Relationship Direction | Positive |
| Relationship Strength | Strong |
Net Income
Net income is one of the most important fundamental items in finance. It plays a large role in Visionary Education financial statement analysis. It represents the amount of money remaining after all of Visionary Education Technology operating expenses, interest, taxes and preferred stock dividends have been deducted from a company total revenue.
Gross Profit
Gross profit is a required income statement account that reflects total revenue of Visionary Education Technology minus its cost of goods sold. It is profit before Visionary Education operating expenses, interest payments and taxes. Gross profit is also known as gross margin. The profit a company makes after deducting the costs associated with making and selling its products, or the costs associated with providing its services.
Most indicators from Visionary Education's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Visionary Education 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 Visionary Education 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 real.
At this time, Visionary Education's
Tax Provision is fairly stable compared to the past year.
Enterprise Value Over EBITDA is likely to climb to 591.62 in 2024, whereas
Issuance Of Capital Stock is likely to drop 0.00 in 2024.
Visionary Education fundamental ratios Correlations
Click cells to compare fundamentals
Visionary Education Account Relationship Matchups
High Positive Relationship
High Negative Relationship
Visionary Education fundamental ratios Accounts
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Additional Tools for Visionary Stock Analysis
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measure Visionary Education'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 Visionary Education is operating at the current time. Most of Visionary Education's value examination focuses on studying past and present price action to
predict the probability of Visionary Education's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Visionary Education's price. Additionally, you may evaluate how the addition of Visionary Education to your portfolios can decrease your overall portfolio volatility.