Virgin Other Liab vs Common Stock Analysis

VINO Stock   35.50  0.50  1.39%   
Virgin Wines financial indicator trend analysis is much more than just breaking down Virgin Wines UK prevalent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Virgin Wines UK is a good investment. Please check the relationship between Virgin Wines Other Liab and its Common Stock accounts. Check out World Market Map to better understand how to build diversified portfolios, which includes a position in Virgin Wines UK. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in board of governors.

Other Liab vs Common Stock

Other Liab vs Common Stock Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Virgin Wines UK Other Liab account and Common Stock. At this time, the significance of the direction appears to have almost identical trend.
The correlation between Virgin Wines' Other Liab and Common Stock is 0.94. Overlapping area represents the amount of variation of Other Liab that can explain the historical movement of Common Stock in the same time period over historical financial statements of Virgin Wines UK, assuming nothing else is changed. The correlation between historical values of Virgin Wines' Other Liab and Common Stock is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Other Liab of Virgin Wines UK are associated (or correlated) with its Common Stock. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Common Stock has no effect on the direction of Other Liab i.e., Virgin Wines' Other Liab and Common Stock go up and down completely randomly.

Correlation Coefficient

0.94
Relationship DirectionPositive 
Relationship StrengthVery Strong

Other Liab

Common Stock

Most indicators from Virgin Wines' fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Virgin Wines UK 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 Virgin Wines UK. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in board of governors.
At this time, Virgin Wines' Selling General Administrative is comparatively stable compared to the past year. Tax Provision is likely to gain to about 319 K in 2024, whereas Issuance Of Capital Stock is likely to drop 1,900 in 2024.
 2021 2022 2023 2024 (projected)
Gross Profit21.7M17.4M18.2M16.3M
Total Revenue69.2M59.0M59.0M53.4M

Virgin Wines fundamental ratios Correlations

-0.68-0.030.790.840.87-0.90.920.530.970.770.970.53-0.710.85-0.640.85-0.040.20.990.830.770.910.85-0.81-0.86
-0.680.26-0.32-0.95-0.660.91-0.75-0.11-0.63-0.43-0.630.10.62-0.580.79-0.760.10.53-0.7-0.95-0.46-0.87-0.960.960.92
-0.030.260.23-0.28-0.140.12-0.320.740.05-0.020.050.030.04-0.050.2-0.20.030.5-0.03-0.2-0.1-0.17-0.20.360.19
0.79-0.320.230.530.74-0.60.620.660.750.820.750.75-0.650.82-0.640.52-0.10.460.720.50.730.570.52-0.47-0.52
0.84-0.95-0.280.530.82-0.950.890.230.760.650.760.18-0.760.78-0.830.87-0.08-0.330.830.980.680.930.99-0.99-0.95
0.87-0.66-0.140.740.82-0.760.860.310.750.910.750.45-0.660.89-0.80.89-0.28-0.030.80.840.80.840.82-0.8-0.85
-0.90.910.12-0.6-0.95-0.76-0.86-0.4-0.88-0.62-0.88-0.270.73-0.770.73-0.80.090.12-0.91-0.94-0.61-0.94-0.960.940.92
0.92-0.75-0.320.620.890.86-0.860.220.850.680.850.39-0.740.8-0.710.870.07-0.080.920.860.810.930.86-0.88-0.89
0.53-0.110.740.660.230.31-0.40.220.570.420.570.43-0.40.42-0.140.290.040.630.520.240.320.290.27-0.14-0.24
0.97-0.630.050.750.760.75-0.880.850.570.651.00.53-0.610.77-0.520.73-0.050.290.980.750.640.880.78-0.73-0.8
0.77-0.43-0.020.820.650.91-0.620.680.420.650.650.7-0.70.95-0.680.69-0.380.20.660.640.810.650.64-0.61-0.61
0.97-0.630.050.750.760.75-0.880.850.571.00.650.53-0.610.77-0.520.73-0.050.290.980.750.640.880.78-0.73-0.8
0.530.10.030.750.180.45-0.270.390.430.530.70.53-0.490.68-0.160.17-0.170.70.450.090.610.270.13-0.12-0.1
-0.710.620.04-0.65-0.76-0.660.73-0.74-0.4-0.61-0.7-0.61-0.49-0.830.7-0.59-0.110.03-0.66-0.67-0.87-0.68-0.70.690.61
0.85-0.58-0.050.820.780.89-0.770.80.420.770.950.770.68-0.83-0.730.7-0.290.130.770.740.860.80.75-0.73-0.72
-0.640.790.2-0.64-0.83-0.80.73-0.71-0.14-0.52-0.68-0.52-0.160.7-0.73-0.690.150.39-0.59-0.82-0.65-0.72-0.820.810.8
0.85-0.76-0.20.520.870.89-0.80.870.290.730.690.730.17-0.590.7-0.69-0.04-0.170.830.90.720.830.87-0.87-0.9
-0.040.10.03-0.1-0.08-0.280.090.070.04-0.05-0.38-0.05-0.17-0.11-0.290.15-0.040.050.04-0.160.09-0.13-0.140.110.13
0.20.530.50.46-0.33-0.030.12-0.080.630.290.20.290.70.030.130.39-0.170.050.18-0.350.12-0.15-0.320.380.3
0.99-0.7-0.030.720.830.8-0.910.920.520.980.660.980.45-0.660.77-0.590.830.040.180.820.710.910.84-0.81-0.86
0.83-0.95-0.20.50.980.84-0.940.860.240.750.640.750.09-0.670.74-0.820.9-0.16-0.350.820.620.940.99-0.98-0.98
0.77-0.46-0.10.730.680.8-0.610.810.320.640.810.640.61-0.870.86-0.650.720.090.120.710.620.670.62-0.62-0.61
0.91-0.87-0.170.570.930.84-0.940.930.290.880.650.880.27-0.680.8-0.720.83-0.13-0.150.910.940.670.94-0.92-0.96
0.85-0.96-0.20.520.990.82-0.960.860.270.780.640.780.13-0.70.75-0.820.87-0.14-0.320.840.990.620.94-0.98-0.97
-0.810.960.36-0.47-0.99-0.80.94-0.88-0.14-0.73-0.61-0.73-0.120.69-0.730.81-0.870.110.38-0.81-0.98-0.62-0.92-0.980.95
-0.860.920.19-0.52-0.95-0.850.92-0.89-0.24-0.8-0.61-0.8-0.10.61-0.720.8-0.90.130.3-0.86-0.98-0.61-0.96-0.970.95
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Virgin Wines Account Relationship Matchups

Virgin Wines fundamental ratios Accounts

201920202021202220232024 (projected)
Total Assets42.1M39.4M41.4M39.6M40.8M34.6M
Short Long Term Debt Total13.7M3.2M3.6M3.3M539K512.1K
Other Current Liab8.0M11.6M2.0M2.2M3.3M4.5M
Total Current Liabilities22.4M18.8M15.9M14.7M15.0M15.1M
Total Stockholder Equity6.1M17.6M22.1M21.8M23.3M24.5M
Property Plant And Equipment Net1.6M3.0M3.7M3.3M2.6M1.9M
Net Debt(6.2M)(12.5M)(11.5M)(10.3M)(17.8M)(16.9M)
Retained Earnings5.7M5.1M9.4M8.8M10.2M5.2M
Accounts Payable4.2M4.2M2.8M2.2M2.4M3.2M
Cash19.9M15.7M15.1M13.5M18.4M11.1M
Non Current Assets Total14.7M15.0M15.2M15.1M13.9M15.0M
Cash And Short Term Investments19.9M15.7M15.1M13.5M18.4M11.1M
Net Receivables2.4M535K933K1.0M1.2M1.1M
Liabilities And Stockholders Equity42.1M39.4M41.4M39.6M40.8M34.6M
Non Current Liabilities Total13.6M3.0M3.4M3.1M2.6M2.4M
Inventory5.0M7.2M8.7M8.4M5.9M6.0M
Other Current Assets2.0M1.1M1.6M1.8M1.5M1.4M
Total Liab36.0M21.8M19.3M17.8M17.5M17.5M
Total Current Assets27.4M24.5M26.2M24.5M26.9M19.7M
Intangible Assets1.4M1.2M1.5M1.7M1.5M1.4M
Other Stockholder Equity(5K)12.0M12.0M12.0M12.0M6.6M
Non Currrent Assets Other2.0M1.1M428K496K446.4K424.1K
Capital Lease Obligations1.7M3.2M3.6M3.3M2.7M2.9M
Net Invested Capital18.1M17.6M22.1M21.8M23.3M20.9M
Net Working Capital5.0M5.6M10.3M9.8M12.0M12.6M
Short Term Debt319K489K(1.2M)(1.2M)539K512.1K
Current Deferred Revenue9.9M2.6M12.6M8.2M8.7M7.9M

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