Virgin Retained Earnings vs Net Receivables 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 Retained Earnings and its Net Receivables 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.

Retained Earnings vs Net Receivables

Retained Earnings vs Net Receivables Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Virgin Wines UK Retained Earnings account and Net Receivables. At this time, the significance of the direction appears to have weak relationship.

The correlation between Virgin Wines' Retained Earnings and Net Receivables is 0.39. Overlapping area represents the amount of variation of Retained Earnings that can explain the historical movement of Net Receivables 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' Retained Earnings and Net Receivables is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Retained Earnings of Virgin Wines UK are associated (or correlated) with its Net Receivables. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Net Receivables has no effect on the direction of Retained Earnings i.e., Virgin Wines' Retained Earnings and Net Receivables go up and down completely randomly.

Correlation Coefficient

0.39

Relationship Direction	Positive
Relationship Strength	Very Weak

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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.

Net Receivables

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 Profit	21.7M	17.4M	18.2M	16.3M
Total Revenue	69.2M	59.0M	59.0M	53.4M

Gross Profit Total Revenue

Virgin Wines fundamental ratios Correlations

	Total Assets	Short Long Term Debt Total	Other Current Liab	Total Current Liabilities	Total Stockholder Equity	Property Plant And Equipment Net	Net Debt	Retained Earnings	Accounts Payable	Cash	Non Current Assets Total	Cash And Short Term Investments	Net Receivables	Good Will	Common Stock Shares Outstanding	Non Current Liabilities Total	Inventory	Other Current Assets	Total Liab	Total Current Assets	Common Stock	Intangible Assets	Other Liab	Net Tangible Assets	Non Currrent Assets Other	Other Assets
Total Assets		-0.68	-0.03	0.79	0.84	0.87	-0.9	0.92	0.53	0.97	0.77	0.97	0.53	-0.71	0.85	-0.64	0.85	-0.04	0.2	0.99	0.83	0.77	0.91	0.85	-0.81	-0.86
Short Long Term Debt Total	-0.68		0.26	-0.32	-0.95	-0.66	0.91	-0.75	-0.11	-0.63	-0.43	-0.63	0.1	0.62	-0.58	0.79	-0.76	0.1	0.53	-0.7	-0.95	-0.46	-0.87	-0.96	0.96	0.92
Other Current Liab	-0.03	0.26		0.23	-0.28	-0.14	0.12	-0.32	0.74	0.05	-0.02	0.05	0.03	0.04	-0.05	0.2	-0.2	0.03	0.5	-0.03	-0.2	-0.1	-0.17	-0.2	0.36	0.19
Total Current Liabilities	0.79	-0.32	0.23		0.53	0.74	-0.6	0.62	0.66	0.75	0.82	0.75	0.75	-0.65	0.82	-0.64	0.52	-0.1	0.46	0.72	0.5	0.73	0.57	0.52	-0.47	-0.52
Total Stockholder Equity	0.84	-0.95	-0.28	0.53		0.82	-0.95	0.89	0.23	0.76	0.65	0.76	0.18	-0.76	0.78	-0.83	0.87	-0.08	-0.33	0.83	0.98	0.68	0.93	0.99	-0.99	-0.95
Property Plant And Equipment Net	0.87	-0.66	-0.14	0.74	0.82		-0.76	0.86	0.31	0.75	0.91	0.75	0.45	-0.66	0.89	-0.8	0.89	-0.28	-0.03	0.8	0.84	0.8	0.84	0.82	-0.8	-0.85
Net Debt	-0.9	0.91	0.12	-0.6	-0.95	-0.76		-0.86	-0.4	-0.88	-0.62	-0.88	-0.27	0.73	-0.77	0.73	-0.8	0.09	0.12	-0.91	-0.94	-0.61	-0.94	-0.96	0.94	0.92
Retained Earnings	0.92	-0.75	-0.32	0.62	0.89	0.86	-0.86		0.22	0.85	0.68	0.85	0.39	-0.74	0.8	-0.71	0.87	0.07	-0.08	0.92	0.86	0.81	0.93	0.86	-0.88	-0.89
Accounts Payable	0.53	-0.11	0.74	0.66	0.23	0.31	-0.4	0.22		0.57	0.42	0.57	0.43	-0.4	0.42	-0.14	0.29	0.04	0.63	0.52	0.24	0.32	0.29	0.27	-0.14	-0.24
Cash	0.97	-0.63	0.05	0.75	0.76	0.75	-0.88	0.85	0.57		0.65	1.0	0.53	-0.61	0.77	-0.52	0.73	-0.05	0.29	0.98	0.75	0.64	0.88	0.78	-0.73	-0.8
Non Current Assets Total	0.77	-0.43	-0.02	0.82	0.65	0.91	-0.62	0.68	0.42	0.65		0.65	0.7	-0.7	0.95	-0.68	0.69	-0.38	0.2	0.66	0.64	0.81	0.65	0.64	-0.61	-0.61
Cash And Short Term Investments	0.97	-0.63	0.05	0.75	0.76	0.75	-0.88	0.85	0.57	1.0	0.65		0.53	-0.61	0.77	-0.52	0.73	-0.05	0.29	0.98	0.75	0.64	0.88	0.78	-0.73	-0.8
Net Receivables	0.53	0.1	0.03	0.75	0.18	0.45	-0.27	0.39	0.43	0.53	0.7	0.53		-0.49	0.68	-0.16	0.17	-0.17	0.7	0.45	0.09	0.61	0.27	0.13	-0.12	-0.1
Good Will	-0.71	0.62	0.04	-0.65	-0.76	-0.66	0.73	-0.74	-0.4	-0.61	-0.7	-0.61	-0.49		-0.83	0.7	-0.59	-0.11	0.03	-0.66	-0.67	-0.87	-0.68	-0.7	0.69	0.61
Common Stock Shares Outstanding	0.85	-0.58	-0.05	0.82	0.78	0.89	-0.77	0.8	0.42	0.77	0.95	0.77	0.68	-0.83		-0.73	0.7	-0.29	0.13	0.77	0.74	0.86	0.8	0.75	-0.73	-0.72
Non Current Liabilities Total	-0.64	0.79	0.2	-0.64	-0.83	-0.8	0.73	-0.71	-0.14	-0.52	-0.68	-0.52	-0.16	0.7	-0.73		-0.69	0.15	0.39	-0.59	-0.82	-0.65	-0.72	-0.82	0.81	0.8
Inventory	0.85	-0.76	-0.2	0.52	0.87	0.89	-0.8	0.87	0.29	0.73	0.69	0.73	0.17	-0.59	0.7	-0.69		-0.04	-0.17	0.83	0.9	0.72	0.83	0.87	-0.87	-0.9
Other Current Assets	-0.04	0.1	0.03	-0.1	-0.08	-0.28	0.09	0.07	0.04	-0.05	-0.38	-0.05	-0.17	-0.11	-0.29	0.15	-0.04		0.05	0.04	-0.16	0.09	-0.13	-0.14	0.11	0.13
Total Liab	0.2	0.53	0.5	0.46	-0.33	-0.03	0.12	-0.08	0.63	0.29	0.2	0.29	0.7	0.03	0.13	0.39	-0.17	0.05		0.18	-0.35	0.12	-0.15	-0.32	0.38	0.3
Total Current Assets	0.99	-0.7	-0.03	0.72	0.83	0.8	-0.91	0.92	0.52	0.98	0.66	0.98	0.45	-0.66	0.77	-0.59	0.83	0.04	0.18		0.82	0.71	0.91	0.84	-0.81	-0.86
Common Stock	0.83	-0.95	-0.2	0.5	0.98	0.84	-0.94	0.86	0.24	0.75	0.64	0.75	0.09	-0.67	0.74	-0.82	0.9	-0.16	-0.35	0.82		0.62	0.94	0.99	-0.98	-0.98
Intangible Assets	0.77	-0.46	-0.1	0.73	0.68	0.8	-0.61	0.81	0.32	0.64	0.81	0.64	0.61	-0.87	0.86	-0.65	0.72	0.09	0.12	0.71	0.62		0.67	0.62	-0.62	-0.61
Other Liab	0.91	-0.87	-0.17	0.57	0.93	0.84	-0.94	0.93	0.29	0.88	0.65	0.88	0.27	-0.68	0.8	-0.72	0.83	-0.13	-0.15	0.91	0.94	0.67		0.94	-0.92	-0.96
Net Tangible Assets	0.85	-0.96	-0.2	0.52	0.99	0.82	-0.96	0.86	0.27	0.78	0.64	0.78	0.13	-0.7	0.75	-0.82	0.87	-0.14	-0.32	0.84	0.99	0.62	0.94		-0.98	-0.97
Non Currrent Assets Other	-0.81	0.96	0.36	-0.47	-0.99	-0.8	0.94	-0.88	-0.14	-0.73	-0.61	-0.73	-0.12	0.69	-0.73	0.81	-0.87	0.11	0.38	-0.81	-0.98	-0.62	-0.92	-0.98		0.95
Other Assets	-0.86	0.92	0.19	-0.52	-0.95	-0.85	0.92	-0.89	-0.24	-0.8	-0.61	-0.8	-0.1	0.61	-0.72	0.8	-0.9	0.13	0.3	-0.86	-0.98	-0.61	-0.96	-0.97	0.95

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Virgin Wines Account Relationship Matchups

Virgin Wines fundamental ratios Accounts

	2019	2020	2021	2022	2023	2024 (projected)
Total Assets	42.1M	39.4M	41.4M	39.6M	40.8M	34.6M
Short Long Term Debt Total	13.7M	3.2M	3.6M	3.3M	539K	512.1K
Other Current Liab	8.0M	11.6M	2.0M	2.2M	3.3M	4.5M
Total Current Liabilities	22.4M	18.8M	15.9M	14.7M	15.0M	15.1M
Total Stockholder Equity	6.1M	17.6M	22.1M	21.8M	23.3M	24.5M
Property Plant And Equipment Net	1.6M	3.0M	3.7M	3.3M	2.6M	1.9M
Net Debt	(6.2M)	(12.5M)	(11.5M)	(10.3M)	(17.8M)	(16.9M)
Retained Earnings	5.7M	5.1M	9.4M	8.8M	10.2M	5.2M
Accounts Payable	4.2M	4.2M	2.8M	2.2M	2.4M	3.2M
Cash	19.9M	15.7M	15.1M	13.5M	18.4M	11.1M
Non Current Assets Total	14.7M	15.0M	15.2M	15.1M	13.9M	15.0M
Cash And Short Term Investments	19.9M	15.7M	15.1M	13.5M	18.4M	11.1M
Net Receivables	2.4M	535K	933K	1.0M	1.2M	1.1M
Liabilities And Stockholders Equity	42.1M	39.4M	41.4M	39.6M	40.8M	34.6M
Non Current Liabilities Total	13.6M	3.0M	3.4M	3.1M	2.6M	2.4M
Inventory	5.0M	7.2M	8.7M	8.4M	5.9M	6.0M
Other Current Assets	2.0M	1.1M	1.6M	1.8M	1.5M	1.4M
Total Liab	36.0M	21.8M	19.3M	17.8M	17.5M	17.5M
Total Current Assets	27.4M	24.5M	26.2M	24.5M	26.9M	19.7M
Intangible Assets	1.4M	1.2M	1.5M	1.7M	1.5M	1.4M
Other Stockholder Equity	(5K)	12.0M	12.0M	12.0M	12.0M	6.6M
Non Currrent Assets Other	2.0M	1.1M	428K	496K	446.4K	424.1K
Capital Lease Obligations	1.7M	3.2M	3.6M	3.3M	2.7M	2.9M
Net Invested Capital	18.1M	17.6M	22.1M	21.8M	23.3M	20.9M
Net Working Capital	5.0M	5.6M	10.3M	9.8M	12.0M	12.6M
Short Term Debt	319K	489K	(1.2M)	(1.2M)	539K	512.1K
Current Deferred Revenue	9.9M	2.6M	12.6M	8.2M	8.7M	7.9M

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Virgin Retained Earnings vs Net Receivables Analysis

Retained Earnings vs Net Receivables

Retained Earnings vs Net Receivables Correlation Analysis

Correlation Coefficient

Retained Earnings

Net Receivables

Virgin Wines fundamental ratios Correlations

Virgin Wines Account Relationship Matchups

High Positive Relationship

High Negative Relationship

Virgin Wines fundamental ratios Accounts

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COMMON DESTINATIONS

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Cash And Short Term Investments	+ 1.0	Cash
Total Current Assets	+ 0.99	Total Assets
Net Tangible Assets	+ 0.99	Total Stockholder Equity
Net Tangible Assets	+ 0.99	Common Stock
Common Stock	+ 0.98	Total Stockholder Equity
Total Current Assets	+ 0.98	Cash

Non Currrent Assets Other	- 0.99	Total Stockholder Equity
Non Currrent Assets Other	- 0.98	Net Tangible Assets
Other Assets	- 0.98	Common Stock
Non Currrent Assets Other	- 0.98	Common Stock
Other Assets	- 0.97	Net Tangible Assets
Other Assets	- 0.96	Other Liab