Victura Change To Inventory vs Net Income Analysis

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

Change To Inventory vs Net Income

Change To Inventory vs Net Income Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Victura Construction Change To Inventory account and Net Income. At this time, the significance of the direction appears to have significant contrarian relationship.

The correlation between Victura Construction's Change To Inventory and Net Income is -0.39. Overlapping area represents the amount of variation of Change To Inventory that can explain the historical movement of Net Income in the same time period over historical financial statements of Victura Construction Group, assuming nothing else is changed. The correlation between historical values of Victura Construction's Change To Inventory and Net Income is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Change To Inventory of Victura Construction Group are associated (or correlated) with its Net Income. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Net Income has no effect on the direction of Change To Inventory i.e., Victura Construction's Change To Inventory and Net Income go up and down completely randomly.

Correlation Coefficient

-0.39

Relationship Direction	Negative
Relationship Strength	Insignificant

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Change To Inventory

The increase or decrease in the amount of inventory a company has over a certain period.

Net Income

Net income is one of the most important fundamental items in finance. It plays a large role in Victura Construction financial statement analysis. It represents the amount of money remaining after all of Victura Construction Group operating expenses, interest, taxes and preferred stock dividends have been deducted from a company total revenue.

Most indicators from Victura Construction's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Victura Construction 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 Victura Construction Group. 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.

Selling General Administrative is likely to drop to about 838.1 K in 2024

	2010	2011	2023	2024 (projected)
Gross Profit	113.0K	1.3M	1.5M	1.6M
Total Revenue	229.0K	7.4M	8.5M	8.9M

Gross Profit Total Revenue

Victura Construction fundamental ratios Correlations

	Total Assets	Total Current Liabilities	Total Stockholder Equity	Net Tangible Assets	Retained Earnings	Accounts Payable	Cash	Other Assets	Long Term Debt	Net Receivables	Total Liab	Short Long Term Debt	Total Current Assets	Short Term Debt	Common Stock	Property Plant Equipment	Inventory	Other Current Assets	Other Current Liab	Other Stockholder Equity
Total Assets		0.82	-0.91	-0.91	0.92	1.0	1.0	1.0	0.87	1.0	1.0	0.81	1.0	0.81	-0.98	0.83	-0.33	1.0	-0.33	0.31
Total Current Liabilities	0.82		-0.89	-0.89	0.93	0.79	0.81	0.82	0.96	0.82	0.82	1.0	0.82	1.0	-0.89	1.0	0.2	0.82	0.2	0.05
Total Stockholder Equity	-0.91	-0.89		1.0	-1.0	-0.88	-0.9	-0.91	-0.82	-0.91	-0.91	-0.89	-0.91	-0.89	0.97	-0.89	-0.06	-0.91	-0.06	0.1
Net Tangible Assets	-0.91	-0.89	1.0		-1.0	-0.88	-0.9	-0.91	-0.82	-0.91	-0.91	-0.89	-0.91	-0.89	0.97	-0.89	-0.06	-0.91	-0.06	0.1
Retained Earnings	0.92	0.93	-1.0	-1.0		0.9	0.92	0.93	0.87	0.92	0.92	0.92	0.92	0.92	-0.98	0.93	0.05	0.93	0.05	-0.03
Accounts Payable	1.0	0.79	-0.88	-0.88	0.9		1.0	1.0	0.86	1.0	1.0	0.78	1.0	0.78	-0.97	0.8	-0.39	1.0	-0.39	0.36
Cash	1.0	0.81	-0.9	-0.9	0.92	1.0		1.0	0.86	1.0	1.0	0.8	1.0	0.8	-0.98	0.82	-0.35	1.0	-0.35	0.33
Other Assets	1.0	0.82	-0.91	-0.91	0.93	1.0	1.0		0.87	1.0	1.0	0.82	1.0	0.82	-0.98	0.83	-0.33	1.0	-0.33	0.3
Long Term Debt	0.87	0.96	-0.82	-0.82	0.87	0.86	0.86	0.87		0.87	0.87	0.96	0.87	0.96	-0.89	0.96	-0.04	0.87	-0.04	0.32
Net Receivables	1.0	0.82	-0.91	-0.91	0.92	1.0	1.0	1.0	0.87		1.0	0.81	1.0	0.81	-0.98	0.83	-0.33	1.0	-0.33	0.31
Total Liab	1.0	0.82	-0.91	-0.91	0.92	1.0	1.0	1.0	0.87	1.0		0.81	1.0	0.81	-0.98	0.82	-0.34	1.0	-0.34	0.32
Short Long Term Debt	0.81	1.0	-0.89	-0.89	0.92	0.78	0.8	0.82	0.96	0.81	0.81		0.81	1.0	-0.88	1.0	0.21	0.82	0.21	0.04
Total Current Assets	1.0	0.82	-0.91	-0.91	0.92	1.0	1.0	1.0	0.87	1.0	1.0	0.81		0.81	-0.98	0.83	-0.33	1.0	-0.33	0.31
Short Term Debt	0.81	1.0	-0.89	-0.89	0.92	0.78	0.8	0.82	0.96	0.81	0.81	1.0	0.81		-0.88	1.0	0.21	0.82	0.21	0.04
Common Stock	-0.98	-0.89	0.97	0.97	-0.98	-0.97	-0.98	-0.98	-0.89	-0.98	-0.98	-0.88	-0.98	-0.88		-0.89	0.15	-0.98	0.15	-0.15
Property Plant Equipment	0.83	1.0	-0.89	-0.89	0.93	0.8	0.82	0.83	0.96	0.83	0.82	1.0	0.83	1.0	-0.89		0.19	0.83	0.19	0.06
Inventory	-0.33	0.2	-0.06	-0.06	0.05	-0.39	-0.35	-0.33	-0.04	-0.33	-0.34	0.21	-0.33	0.21	0.15	0.19		-0.33	1.0	-0.8
Other Current Assets	1.0	0.82	-0.91	-0.91	0.93	1.0	1.0	1.0	0.87	1.0	1.0	0.82	1.0	0.82	-0.98	0.83	-0.33		-0.33	0.31
Other Current Liab	-0.33	0.2	-0.06	-0.06	0.05	-0.39	-0.35	-0.33	-0.04	-0.33	-0.34	0.21	-0.33	0.21	0.15	0.19	1.0	-0.33		-0.8
Other Stockholder Equity	0.31	0.05	0.1	0.1	-0.03	0.36	0.33	0.3	0.32	0.31	0.32	0.04	0.31	0.04	-0.15	0.06	-0.8	0.31	-0.8

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Victura Change To Inventory vs Net Income Analysis

Change To Inventory vs Net Income

Change To Inventory vs Net Income Correlation Analysis

Correlation Coefficient

Change To Inventory

Net Income

Victura Construction fundamental ratios Correlations

Victura Construction Account Relationship Matchups

High Positive Relationship

High Negative Relationship

Thematic Opportunities

Explore Investment Opportunities

Additional Tools for Victura Stock Analysis

COMMON DESTINATIONS

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COMPANY

Accounts Payable	+ 1.0	Total Assets
Cash	+ 1.0	Total Assets
Other Assets	+ 1.0	Total Assets
Net Receivables	+ 1.0	Total Assets
Total Liab	+ 1.0	Total Assets
Total Current Assets	+ 1.0	Total Assets

Retained Earnings	- 1.0	Net Tangible Assets
Retained Earnings	- 1.0	Total Stockholder Equity
Other Current Assets	- 0.98	Common Stock
Common Stock	- 0.98	Total Current Assets
Common Stock	- 0.98	Total Liab
Common Stock	- 0.98	Net Receivables