Victura Long Term Debt vs Net Tangible Assets 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 Long Term Debt and its Net Tangible Assets 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.
Long Term Debt vs Net Tangible Assets
Long Term Debt vs Net Tangible Assets Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Victura Construction Long Term Debt account and Net Tangible Assets. At this time, the significance of the direction appears to have pay attention.
The correlation between Victura Construction's Long Term Debt and Net Tangible Assets is -0.82. Overlapping area represents the amount of variation of Long Term Debt that can explain the historical movement of Net Tangible Assets 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 Long Term Debt and Net Tangible Assets is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Long Term Debt of Victura Construction Group are associated (or correlated) with its Net Tangible Assets. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Net Tangible Assets has no effect on the direction of Long Term Debt i.e., Victura Construction's Long Term Debt and Net Tangible Assets go up and down completely randomly.
Correlation Coefficient | -0.82 |
Relationship Direction | Negative |
Relationship Strength | Significant |
Long Term Debt
Long-term debt is a debt that Victura Construction has held for over one year. Long-term debt appears on Victura Construction Group 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 Victura Construction Group 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.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.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 |
Victura Construction fundamental ratios Correlations
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Victura Construction Account Relationship Matchups
High Positive Relationship
High Negative Relationship
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Additional Tools for Victura Stock Analysis
When running Victura Construction's price analysis, check to measure Victura Construction'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 Victura Construction is operating at the current time. Most of Victura Construction's value examination focuses on studying past and present price action to predict the probability of Victura Construction's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Victura Construction's price. Additionally, you may evaluate how the addition of Victura Construction to your portfolios can decrease your overall portfolio volatility.