VICI Net Tangible Assets vs Long Term Debt Analysis
VICI Stock | USD 32.37 0.25 0.78% |
VICI Properties financial indicator trend analysis is much more than just breaking down VICI Properties prevalent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether VICI Properties is a good investment. Please check the relationship between VICI Properties Net Tangible Assets and its Long Term Debt accounts. Check out World Market Map to better understand how to build diversified portfolios, which includes a position in VICI Properties. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in main economic indicators. For more detail on how to invest in VICI Stock please use our How to Invest in VICI Properties guide.
Net Tangible Assets vs Long Term Debt
Net Tangible Assets vs Long Term Debt Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of VICI Properties Net Tangible Assets account and Long Term Debt. At this time, the significance of the direction appears to have almost identical trend.
The correlation between VICI Properties' Net Tangible Assets and Long Term Debt is 0.97. Overlapping area represents the amount of variation of Net Tangible Assets that can explain the historical movement of Long Term Debt in the same time period over historical financial statements of VICI Properties, assuming nothing else is changed. The correlation between historical values of VICI Properties' Net Tangible Assets and Long Term Debt 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 Tangible Assets of VICI Properties are associated (or correlated) with its Long Term Debt. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Long Term Debt has no effect on the direction of Net Tangible Assets i.e., VICI Properties' Net Tangible Assets and Long Term Debt go up and down completely randomly.
Correlation Coefficient | 0.97 |
Relationship Direction | Positive |
Relationship Strength | Very Strong |
Net Tangible Assets
The total assets of a company minus any intangible assets such as patents, copyrights, and goodwill; it represents the physical assets of a company.Long Term Debt
Long-term debt is a debt that VICI Properties has held for over one year. Long-term debt appears on VICI Properties balance sheet and also includes long-term leases. The most common forms of long term debt are bonds payable, long-term notes payable, mortgage payable, pension liabilities, and lease liabilities. In the corporate world, long-term debt is generally used to fund big-ticket items, such as machinery, buildings, and land. The total of long-term debt reported on VICI Properties balance sheet is the sum of the balances of all categories of long-term debt. Debt that is not due within the current year and is often considered to be financing activities that are to be repaid over several years.Most indicators from VICI Properties' fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into VICI Properties 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 VICI Properties. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in main economic indicators. For more detail on how to invest in VICI Stock please use our How to Invest in VICI Properties guide.As of now, VICI Properties' Selling General Administrative is increasing as compared to previous years. The VICI Properties' current Issuance Of Capital Stock is estimated to increase to about 2.2 B, while Tax Provision is forecasted to increase to (5.8 M).
2021 | 2022 | 2023 | 2024 (projected) | Interest Expense | 328.2M | 523.7M | 818.1M | 859.0M | Depreciation And Amortization | 75.6M | 990.9M | 4.3M | 4.1M |
VICI Properties fundamental ratios Correlations
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VICI Properties Account Relationship Matchups
High Positive Relationship
High Negative Relationship
VICI Properties fundamental ratios Accounts
2019 | 2020 | 2021 | 2022 | 2023 | 2024 (projected) | ||
Common Stock Shares Outstanding | 439.2M | 510.9M | 577.1M | 879.7M | 1.0B | 572.0M | |
Total Assets | 13.3B | 17.1B | 17.6B | 37.6B | 44.1B | 46.3B | |
Short Long Term Debt Total | 4.8B | 6.8B | 4.7B | 13.8B | 17.6B | 18.5B | |
Other Current Liab | (4.6B) | (6.5B) | 226.3M | 380.2M | 227.2M | 238.6M | |
Total Current Liabilities | 227.5M | 317.1M | 339.8M | 593.6M | 227.2M | 278.9M | |
Total Stockholder Equity | 8.0B | 9.4B | 12.1B | 21.9B | 25.3B | 26.5B | |
Other Liab | 147.3M | 170.8M | 375.8M | 123.2M | 141.7M | 150.4M | |
Net Tangible Assets | 8.0B | 9.4B | 12.1B | 21.9B | 25.2B | 26.5B | |
Property Plant And Equipment Net | 11.8B | 364.2M | 359.3M | 876.7M | 952.6M | 1.8B | |
Current Deferred Revenue | 70.3M | 93.7M | 113.5M | 213.4M | 227.2M | 238.6M | |
Net Debt | 3.7B | 6.4B | 4.0B | 13.5B | 17.1B | 18.0B | |
Retained Earnings | 208.1M | 139.5M | 346.0M | 93.2M | 965.8M | 1.0B | |
Accounts Payable | 640K | 734K | (26.4M) | (58.8M) | (1.1B) | (1.1B) | |
Cash | 1.1B | 316.0M | 739.6M | 208.9M | 522.6M | 446.3M | |
Non Current Assets Total | 12.1B | 13.6B | 13.7B | 19.7B | 25.3B | 12.8B | |
Long Term Debt | 4.8B | 6.8B | 4.7B | 13.7B | 16.7B | 17.6B | |
Cash And Short Term Investments | 1.2B | 336.0M | 739.6M | 426.3M | 522.6M | 546.3M | |
Net Receivables | 1.6M | 3.2B | 3.1B | 17.4B | 18.2B | 19.1B | |
Liabilities And Stockholders Equity | 13.3B | 17.1B | 17.6B | 37.6B | 44.1B | 46.3B | |
Non Current Liabilities Total | 5.0B | 7.3B | 5.1B | 14.7B | 18.2B | 19.1B | |
Inventory | 1.0 | 342.9M | (884K) | (7.3M) | 552.5M | 580.2M | |
Other Current Assets | (1.2B) | (342.9M) | (747.8M) | 7.3M | 4.7M | 5.0M | |
Other Stockholder Equity | 7.6B | 9.2B | 11.4B | 21.6B | 24.1B | 25.3B | |
Total Liab | 5.2B | 7.6B | 5.4B | 15.3B | 18.4B | 19.3B | |
Property Plant And Equipment Gross | 96.8M | 280.6M | 373.9M | 894.5M | 974.3M | 1.0B | |
Total Current Assets | 1.2B | 3.5B | 3.9B | 17.9B | 18.8B | 19.7B | |
Accumulated Other Comprehensive Income | (65.1M) | (92.5M) | 884K | 185.4M | 153.9M | 161.6M | |
Short Term Debt | 4.8B | 6.8B | 26.4M | 58.8M | 1.1B | 1.6B | |
Common Stock | 4.6M | 5.4M | 6.3M | 9.6M | 10.4M | 18.9M | |
Property Plant Equipment | 1.3B | 158.2M | 153.6M | 153.6M | 138.2M | 131.3M | |
Non Currrent Assets Other | 223.9M | 12.7B | 13.4B | 17.4B | (962.0M) | (913.9M) | |
Non Current Liabilities Other | 123.9M | 507.3M | 375.8M | 952.5M | 250K | 237.5K | |
Noncontrolling Interest In Consolidated Entity | 83.8M | 77.9M | 78.9M | 356.5M | 409.9M | 430.4M | |
Other Assets | 26.8M | 16.7B | 1.6B | 3.5B | 18.2B | 19.2B | |
Common Stock Total Equity | 4.6M | 5.4M | 6.3M | 9.6M | 11.1M | 6.0M | |
Retained Earnings Total Equity | 208.1M | 139.5M | 346.0M | 93.2M | 107.1M | 186.4M | |
Short Term Investments | 59.5M | 20.0M | 884K | 217.3M | 1.6M | 1.5M | |
Long Term Debt Total | 4.8B | 6.8B | 4.7B | 13.7B | 15.8B | 16.6B | |
Capital Surpluse | 7.8B | 9.4B | 11.8B | 21.6B | 24.9B | 26.1B |
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When determining whether VICI Properties offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of VICI Properties' financial statements, including income statements, balance sheets, and cash flow statements, to assess its financial health. Key financial ratios are used to gauge profitability, efficiency, and growth potential of Vici Properties Stock. Outlined below are crucial reports that will aid in making a well-informed decision on Vici Properties Stock:Check out World Market Map to better understand how to build diversified portfolios, which includes a position in VICI Properties. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in main economic indicators. For more detail on how to invest in VICI Stock please use our How to Invest in VICI Properties guide.You can also try the Cryptocurrency Center module to build and monitor diversified portfolio of extremely risky digital assets and cryptocurrency.
Is Other Specialized REITs space expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of VICI Properties. If investors know VICI will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about VICI Properties listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Quarterly Earnings Growth 0.275 | Dividend Share 1.678 | Earnings Share 2.7 | Revenue Per Share 3.651 | Quarterly Revenue Growth 0.067 |
The market value of VICI Properties is measured differently than its book value, which is the value of VICI that is recorded on the company's balance sheet. Investors also form their own opinion of VICI Properties' value that differs from its market value or its book value, called intrinsic value, which is VICI Properties' true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because VICI Properties' market value can be influenced by many factors that don't directly affect VICI Properties' underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between VICI Properties' value and its price as these two are different measures arrived at by different means. Investors typically determine if VICI Properties is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, VICI Properties' price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.