Vivid Total Current Assets vs Total Current Liabilities Analysis
SEATW Stock | USD 0.17 0.05 22.73% |
Vivid Seats financial indicator trend analysis is much more than just breaking down Vivid Seats Warrant prevalent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Vivid Seats Warrant is a good investment. Please check the relationship between Vivid Seats Total Current Assets and its Total Current Liabilities accounts. Check out World Market Map to better understand how to build diversified portfolios, which includes a position in Vivid Seats Warrant. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in estimate. For more information on how to buy Vivid Stock please use our How to Invest in Vivid Seats guide.
Total Current Assets vs Total Current Liabilities
Total Current Assets vs Total Current Liabilities Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Vivid Seats Warrant Total Current Assets account and Total Current Liabilities. At this time, the significance of the direction appears to have very strong relationship.
The correlation between Vivid Seats' Total Current Assets and Total Current Liabilities is 0.87. Overlapping area represents the amount of variation of Total Current Assets that can explain the historical movement of Total Current Liabilities in the same time period over historical financial statements of Vivid Seats Warrant, assuming nothing else is changed. The correlation between historical values of Vivid Seats' Total Current Assets and Total Current Liabilities is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Total Current Assets of Vivid Seats Warrant are associated (or correlated) with its Total Current Liabilities. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Total Current Liabilities has no effect on the direction of Total Current Assets i.e., Vivid Seats' Total Current Assets and Total Current Liabilities go up and down completely randomly.
Correlation Coefficient | 0.87 |
Relationship Direction | Positive |
Relationship Strength | Strong |
Total Current Assets
The total value of all assets that are expected to be converted into cash within one year or during the normal operating cycle.Total Current Liabilities
Total Current Liabilities is an item on Vivid Seats balance sheet that include short term debt, accounts payable, accrued salaries payable, payroll taxes payable, accrued liabilities and other debts. Total Current Liabilities of Vivid Seats Warrant are important to investors because some useful performance ratios such as Current Ratio and Quick Ratio require Total Current Liabilities to be accurate. The total amount of liabilities that a company is expected to pay within one year, including debts, accounts payable, and other short-term financial obligations.Most indicators from Vivid Seats' fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Vivid Seats Warrant 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 World Market Map to better understand how to build diversified portfolios, which includes a position in Vivid Seats Warrant. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in estimate. For more information on how to buy Vivid Stock please use our How to Invest in Vivid Seats guide.At this time, Vivid Seats' Enterprise Value Over EBITDA is fairly stable compared to the past year. Enterprise Value Multiple is likely to climb to 10.46 in 2024, whereas Selling General Administrative is likely to drop slightly above 118.7 M in 2024.
2021 | 2022 | 2023 | 2024 (projected) | Interest Expense | 58.2M | 12.9M | 13.5M | 12.8M | Depreciation And Amortization | 2.3M | 9.9M | 18.0M | 27.4M |
Vivid Seats fundamental ratios Correlations
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Vivid Seats Account Relationship Matchups
High Positive Relationship
High Negative Relationship
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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.Additional Tools for Vivid Stock Analysis
When running Vivid Seats' price analysis, check to measure Vivid Seats' 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 Vivid Seats is operating at the current time. Most of Vivid Seats' value examination focuses on studying past and present price action to predict the probability of Vivid Seats' future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Vivid Seats' price. Additionally, you may evaluate how the addition of Vivid Seats to your portfolios can decrease your overall portfolio volatility.