Victory Net Invested Capital vs Retained Earnings Analysis

VCTR Stock

USD 68.36 0.14 0.20%

Victory Capital financial indicator trend analysis is much more than just breaking down Victory Capital Holdings prevalent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Victory Capital Holdings is a good investment. Please check the relationship between Victory Capital Net Invested Capital and its Retained Earnings accounts. Check out World Market Map to better understand how to build diversified portfolios, which includes a position in Victory Capital 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 estimate.

Net Invested Capital vs Retained Earnings

Net Invested Capital vs Retained Earnings Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Victory Capital Holdings Net Invested Capital account and Retained Earnings. At this time, the significance of the direction appears to have very strong relationship.

The correlation between Victory Capital's Net Invested Capital and Retained Earnings is 0.88. Overlapping area represents the amount of variation of Net Invested Capital that can explain the historical movement of Retained Earnings in the same time period over historical financial statements of Victory Capital Holdings, assuming nothing else is changed. The correlation between historical values of Victory Capital's Net Invested Capital and Retained Earnings 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 Victory Capital Holdings are associated (or correlated) with its Retained Earnings. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Retained Earnings has no effect on the direction of Net Invested Capital i.e., Victory Capital's Net Invested Capital and Retained Earnings go up and down completely randomly.

Correlation Coefficient

0.88

Relationship Direction	Positive
Relationship Strength	Strong

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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.

Retained Earnings

The cumulative amount of net income that a company retains for reinvestment in its operations, rather than distributing it to shareholders as dividends.

Most indicators from Victory Capital's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Victory Capital 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 World Market Map to better understand how to build diversified portfolios, which includes a position in Victory Capital 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 estimate.

At this time, Victory Capital's Sales General And Administrative To Revenue is relatively stable compared to the past year. As of 11/25/2024, Enterprise Value Over EBITDA is likely to grow to 10.93, while Selling General Administrative is likely to drop slightly above 45.7 M.

	2021	2022	2023	2024 (projected)
Depreciation And Amortization	498.0M	485.0M	41.6M	39.6M
Interest Income	6.0M	3.7M	22.1M	23.2M

Depreciation And Amortization Interest Income

Victory Capital fundamental ratios Correlations

	Total Assets	Short Long Term Debt Total	Other Current Liab	Total Current Liabilities	Total Stockholder Equity	Other Liab	Net Tangible Assets	Property Plant And Equipment Net	Net Debt	Retained Earnings	Accounts Payable	Cash	Non Current Assets Total	Non Currrent Assets Other	Other Assets	Long Term Debt	Cash And Short Term Investments	Net Receivables	Good Will	Common Stock Total Equity	Common Stock Shares Outstanding	Short Term Investments	Long Term Debt Total	Non Current Liabilities Total	Capital Surpluse	Inventory
Total Assets		0.91	0.97	0.98	0.98	0.75	-0.89	0.97	0.96	0.84	0.85	0.67	1.0	0.3	0.75	0.98	0.74	0.87	0.95	0.92	0.27	0.72	0.98	0.99	0.91	-0.15
Short Long Term Debt Total	0.91		0.91	0.9	0.85	0.63	-0.84	0.88	0.94	0.72	0.74	0.57	0.91	0.17	0.65	0.94	0.62	0.98	0.83	0.82	0.25	0.6	0.93	0.93	0.82	-0.13
Other Current Liab	0.97	0.91		1.0	0.91	0.62	-0.84	0.91	0.98	0.76	0.82	0.61	0.97	0.14	0.66	0.98	0.67	0.87	0.9	0.84	0.33	0.61	0.97	0.97	0.84	-0.08
Total Current Liabilities	0.98	0.9	1.0		0.92	0.64	-0.82	0.93	0.96	0.79	0.86	0.63	0.98	0.22	0.66	0.97	0.69	0.85	0.93	0.84	0.31	0.64	0.97	0.97	0.84	-0.14
Total Stockholder Equity	0.98	0.85	0.91	0.92		0.8	-0.85	0.96	0.89	0.87	0.85	0.69	0.98	0.43	0.78	0.91	0.77	0.8	0.96	0.93	0.3	0.77	0.92	0.94	0.93	-0.17
Other Liab	0.75	0.63	0.62	0.64	0.8		-0.83	0.78	0.65	0.96	0.8	0.82	0.75	0.68	0.63	0.67	0.88	0.56	0.78	0.76	0.24	0.97	0.68	0.74	0.73	-0.34
Net Tangible Assets	-0.89	-0.84	-0.84	-0.82	-0.85	-0.83		-0.82	-0.9	-0.82	-0.69	-0.64	-0.89	-0.2	-0.69	-0.9	-0.71	-0.81	-0.78	-0.84	-0.25	-0.77	-0.89	-0.91	-0.84	0.11
Property Plant And Equipment Net	0.97	0.88	0.91	0.93	0.96	0.78	-0.82		0.9	0.86	0.85	0.74	0.96	0.44	0.74	0.92	0.78	0.83	0.95	0.92	0.2	0.73	0.95	0.96	0.91	-0.21
Net Debt	0.96	0.94	0.98	0.96	0.89	0.65	-0.9	0.9		0.74	0.76	0.57	0.97	0.12	0.71	1.0	0.63	0.92	0.86	0.84	0.23	0.61	0.99	0.98	0.84	-0.12
Retained Earnings	0.84	0.72	0.76	0.79	0.87	0.96	-0.82	0.86	0.74		0.92	0.85	0.84	0.65	0.65	0.76	0.91	0.64	0.87	0.77	0.36	0.95	0.77	0.82	0.75	-0.37
Accounts Payable	0.85	0.74	0.82	0.86	0.85	0.8	-0.69	0.85	0.76	0.92		0.79	0.85	0.62	0.57	0.78	0.85	0.65	0.92	0.72	0.29	0.85	0.78	0.81	0.7	-0.38
Cash	0.67	0.57	0.61	0.63	0.69	0.82	-0.64	0.74	0.57	0.85	0.79		0.66	0.56	0.31	0.61	0.98	0.55	0.71	0.75	0.28	0.84	0.63	0.67	0.72	0.01
Non Current Assets Total	1.0	0.91	0.97	0.98	0.98	0.75	-0.89	0.96	0.97	0.84	0.85	0.66		0.3	0.76	0.98	0.73	0.87	0.95	0.91	0.27	0.72	0.98	0.99	0.91	-0.16
Non Currrent Assets Other	0.3	0.17	0.14	0.22	0.43	0.68	-0.2	0.44	0.12	0.65	0.62	0.56	0.3		0.39	0.15	0.6	0.09	0.49	0.34	-0.02	0.69	0.18	0.25	0.3	-0.59
Other Assets	0.75	0.65	0.66	0.66	0.78	0.63	-0.69	0.74	0.71	0.65	0.57	0.31	0.76	0.39		0.7	0.39	0.64	0.64	0.66	0.32	0.49	0.68	0.7	0.67	-0.42
Long Term Debt	0.98	0.94	0.98	0.97	0.91	0.67	-0.9	0.92	1.0	0.76	0.78	0.61	0.98	0.15	0.7		0.66	0.91	0.88	0.87	0.23	0.63	0.99	0.99	0.87	-0.11
Cash And Short Term Investments	0.74	0.62	0.67	0.69	0.77	0.88	-0.71	0.78	0.63	0.91	0.85	0.98	0.73	0.6	0.39	0.66		0.58	0.78	0.8	0.29	0.91	0.68	0.73	0.77	-0.05
Net Receivables	0.87	0.98	0.87	0.85	0.8	0.56	-0.81	0.83	0.92	0.64	0.65	0.55	0.87	0.09	0.64	0.91	0.58		0.73	0.82	0.25	0.5	0.9	0.89	0.83	0.0
Good Will	0.95	0.83	0.9	0.93	0.96	0.78	-0.78	0.95	0.86	0.87	0.92	0.71	0.95	0.49	0.64	0.88	0.78	0.73		0.86	0.16	0.79	0.91	0.93	0.85	-0.28
Common Stock Total Equity	0.92	0.82	0.84	0.84	0.93	0.76	-0.84	0.92	0.84	0.77	0.72	0.75	0.91	0.34	0.66	0.87	0.8	0.82	0.86		0.15	0.7	0.88	0.9	1.0	0.11
Common Stock Shares Outstanding	0.27	0.25	0.33	0.31	0.3	0.24	-0.25	0.2	0.23	0.36	0.29	0.28	0.27	-0.02	0.32	0.23	0.29	0.25	0.16	0.15		0.22	0.19	0.2	0.17	0.02
Short Term Investments	0.72	0.6	0.61	0.64	0.77	0.97	-0.77	0.73	0.61	0.95	0.85	0.84	0.72	0.69	0.49	0.63	0.91	0.5	0.79	0.7	0.22		0.65	0.71	0.67	-0.34
Long Term Debt Total	0.98	0.93	0.97	0.97	0.92	0.68	-0.89	0.95	0.99	0.77	0.78	0.63	0.98	0.18	0.68	0.99	0.68	0.9	0.91	0.88	0.19	0.65		1.0	0.88	-0.11
Non Current Liabilities Total	0.99	0.93	0.97	0.97	0.94	0.74	-0.91	0.96	0.98	0.82	0.81	0.67	0.99	0.25	0.7	0.99	0.73	0.89	0.93	0.9	0.2	0.71	1.0		0.9	-0.14
Capital Surpluse	0.91	0.82	0.84	0.84	0.93	0.73	-0.84	0.91	0.84	0.75	0.7	0.72	0.91	0.3	0.67	0.87	0.77	0.83	0.85	1.0	0.17	0.67	0.88	0.9		0.14
Inventory	-0.15	-0.13	-0.08	-0.14	-0.17	-0.34	0.11	-0.21	-0.12	-0.37	-0.38	0.01	-0.16	-0.59	-0.42	-0.11	-0.05	0.0	-0.28	0.11	0.02	-0.34	-0.11	-0.14	0.14

Click cells to compare fundamentals

Victory Capital Account Relationship Matchups

Victory Capital fundamental ratios Accounts

	2019	2020	2021	2022	2023	2024 (projected)
Total Assets	1.8B	1.7B	2.6B	2.5B	2.5B	1.7B
Short Long Term Debt Total	924.5M	779.0M	1.1B	985.5M	1.0B	821.8M
Other Current Liab	207.6M	133.3M	309.4M	230.4M	223.2M	150.7M
Total Current Liabilities	207.9M	134.6M	371.5M	281.3M	273.7M	171.7M
Total Stockholder Equity	537.9M	707.5M	929.9M	1.1B	1.1B	679.7M
Other Liab	28.2M	164.8M	96.5M	365.4M	420.2M	441.2M
Net Tangible Assets	(1.0B)	(859.9M)	(691.3M)	(1.2B)	(1.1B)	(1.1B)
Property Plant And Equipment Net	13.2M	18.7M	25.3M	21.1M	29.2M	17.3M
Net Debt	887.4M	746.3M	1.1B	947.3M	876.9M	721.5M
Retained Earnings	(34.7M)	161.6M	402.8M	609.1M	736.9M	773.7M
Accounts Payable	271K	1.4M	62.1M	50.9M	50.4M	53.0M
Cash	37.1M	22.7M	69.5M	38.2M	123.5M	129.7M
Non Current Assets Total	1.6B	1.6B	2.4B	2.4B	2.3B	1.6B
Non Currrent Assets Other	(49.2M)	4.1M	10.6M	22.4M	32.3M	33.9M
Other Assets	3.7M	121.8M	66.1M	102.4M	46.1M	43.7M
Long Term Debt	924.5M	769.0M	1.1B	985.5M	989.3M	767.4M
Cash And Short Term Investments	37.9M	22.7M	69.5M	65.0M	123.5M	129.7M
Net Receivables	95.1M	88.2M	104.3M	84.5M	87.6M	83.2M
Common Stock Total Equity	720K	742K	772K	805K	925.8K	733.0K
Common Stock Shares Outstanding	73.5M	73.7M	74.2M	72.3M	68.2M	77.0M
Short Term Investments	771K	922K	7.8M	26.8M	30.8M	32.4M
Long Term Debt Total	924.5M	769.0M	1.1B	985.5M	1.1B	727.3M
Liabilities And Stockholders Equity	1.8B	1.7B	2.6B	2.5B	2.5B	1.7B
Non Current Liabilities Total	1.0B	888.5M	1.3B	1.2B	1.4B	905.0M
Capital Surpluse	624.8M	647.6M	673.6M	705.5M	811.3M	609.7M
Other Current Assets	(132.2M)	(110.9M)	(173.8M)	(122.6M)	5.8M	6.1M
Other Stockholder Equity	606.6M	391.1M	117.6M	(189.1M)	284.0M	259.7M
Total Liab	1.2B	1.0B	1.6B	1.5B	1.5B	1.1B
Deferred Long Term Liab	2.2M	60.3M	93.9M	134.9M	155.2M	162.9M
Long Term Investments	18.3M	922K	912K	466K	534K	507.3K
Property Plant And Equipment Gross	13.2M	18.7M	39.1M	41.3M	48.1M	50.6M
Total Current Assets	137.8M	117.0M	180.5M	157.9M	216.9M	140.0M
Accumulated Other Comprehensive Income	0.0	(7.5M)	6.0M	35.4M	31.3M	32.9M
Treasury Stock	(52.9M)	(94.9M)	(153.2M)	(285.4M)	(256.9M)	(244.0M)
Intangible Assets	1.2B	1.2B	1.3B	1.3B	1.3B	958.7M
Common Stock	720K	742K	772K	805K	824K	752.3K

Pair Trading with Victory Capital

One of the main advantages of trading using pair correlations is that every trade hedges away some risk. Because there are two separate transactions required, even if Victory Capital position performs unexpectedly, the other equity can make up some of the losses. Pair trading also minimizes risk from directional movements in the market. For example, if an entire industry or sector drops because of unexpected headlines, the short position in Victory Capital will appreciate offsetting losses from the drop in the long position's value.

Moving together with Victory Stock

0.79	V	Visa Class A	Pair Corr
0.71	DHIL	Diamond Hill Investment	Pair Corr
0.88	DIST	Distoken Acquisition	Pair Corr
0.83	AB	AllianceBernstein	Pair Corr
0.84	AC	Associated Capital	Pair Corr

Moving against Victory Stock

0.62

Pintec Technology

Pair Corr

The ability to find closely correlated positions to Victory Capital could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Victory Capital when you sell it. If you don't do this, your portfolio allocation will be skewed against your target asset allocation. So, investors can't just sell and buy back Victory Capital - that would be a violation of the tax code under the "wash sale" rule, and this is why you need to find a similar enough asset and use the proceeds from selling Victory Capital Holdings to buy it.

The correlation of Victory Capital is a statistical measure of how it moves in relation to other instruments. This measure is expressed in what is known as the correlation coefficient, which ranges between -1 and +1. A perfect positive correlation (i.e., a correlation coefficient of +1) implies that as Victory Capital moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Victory Capital Holdings moves in either direction, the perfectly negatively correlated security will move in the opposite direction. If the correlation is 0, the equities are not correlated; they are entirely random. A correlation greater than 0.8 is generally described as strong, whereas a correlation less than 0.5 is generally considered weak.

Correlation analysis and pair trading evaluation for Victory Capital can also be used as hedging techniques within a particular sector or industry or even over random equities to generate a better risk-adjusted return on your portfolios.

Pair Correlation Correlation Matching

Additional Tools for Victory Stock Analysis

When running Victory Capital's price analysis, check to measure Victory Capital'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 Victory Capital is operating at the current time. Most of Victory Capital's value examination focuses on studying past and present price action to predict the probability of Victory Capital's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Victory Capital's price. Additionally, you may evaluate how the addition of Victory Capital to your portfolios can decrease your overall portfolio volatility.

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