Viomi Interest Expense vs Selling And Marketing Expenses Analysis

VIOT Stock  USD 1.67  0.13  7.22%   
Viomi Technology financial indicator trend analysis is much more than just breaking down Viomi Technology ADR prevalent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Viomi Technology ADR is a good investment. Please check the relationship between Viomi Technology Interest Expense and its Selling And Marketing Expenses accounts. Check out World Market Map to better understand how to build diversified portfolios, which includes a position in Viomi Technology ADR. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in persons.

Interest Expense vs Selling And Marketing Expenses

Interest Expense vs Selling And Marketing Expenses Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Viomi Technology ADR Interest Expense account and Selling And Marketing Expenses. At this time, the significance of the direction appears to have strong relationship.
The correlation between Viomi Technology's Interest Expense and Selling And Marketing Expenses is 0.78. Overlapping area represents the amount of variation of Interest Expense that can explain the historical movement of Selling And Marketing Expenses in the same time period over historical financial statements of Viomi Technology ADR, assuming nothing else is changed. The correlation between historical values of Viomi Technology's Interest Expense and Selling And Marketing Expenses is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Interest Expense of Viomi Technology ADR are associated (or correlated) with its Selling And Marketing Expenses. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Selling And Marketing Expenses has no effect on the direction of Interest Expense i.e., Viomi Technology's Interest Expense and Selling And Marketing Expenses go up and down completely randomly.

Correlation Coefficient

0.78
Relationship DirectionPositive 
Relationship StrengthSignificant

Interest Expense

The cost incurred by an entity for borrowed funds, including loans, bonds, or lines of credit.

Selling And Marketing Expenses

Most indicators from Viomi Technology's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Viomi Technology ADR 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 Viomi Technology ADR. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in persons.
Selling General Administrative is likely to gain to about 83.7 M in 2024, whereas Tax Provision is likely to drop slightly above 1.6 M in 2024.
 2021 2022 2023 2024 (projected)
Gross Profit1.2B737.1M569.5M789.7M
Total Revenue5.3B3.2B2.5B3.5B

Viomi Technology fundamental ratios Correlations

0.510.981.01.0-0.970.980.720.98-0.690.960.990.830.810.830.840.980.93-0.970.290.960.990.870.981.00.61
0.510.470.490.5-0.550.540.920.6-0.010.360.430.40.830.630.730.430.4-0.550.310.630.530.620.520.530.95
0.980.470.990.98-0.940.950.670.95-0.650.960.980.790.770.80.820.950.96-0.940.320.920.960.850.940.990.57
1.00.490.990.99-0.950.960.690.96-0.690.960.990.830.780.80.820.970.95-0.950.290.940.980.840.951.00.58
1.00.50.980.99-0.980.980.720.98-0.70.950.980.840.80.820.840.980.91-0.980.290.970.990.870.990.990.61
-0.97-0.55-0.94-0.95-0.98-0.97-0.72-0.980.75-0.87-0.94-0.91-0.78-0.74-0.8-0.98-0.891.0-0.2-0.99-0.94-0.79-0.99-0.96-0.63
0.980.540.950.960.98-0.970.740.99-0.690.90.940.830.810.840.830.950.87-0.970.280.960.970.880.990.970.63
0.720.920.670.690.72-0.720.740.78-0.140.630.640.490.980.840.930.630.55-0.730.340.790.760.840.710.720.98
0.980.60.950.960.98-0.980.990.78-0.660.880.930.840.830.830.850.940.89-0.980.220.970.960.880.980.970.69
-0.69-0.01-0.65-0.69-0.70.75-0.69-0.14-0.66-0.59-0.72-0.92-0.2-0.22-0.23-0.79-0.720.740.12-0.68-0.62-0.3-0.75-0.67-0.02
0.960.360.960.960.95-0.870.90.630.88-0.590.970.690.750.830.820.930.89-0.880.360.850.960.860.890.960.5
0.990.430.980.990.98-0.940.940.640.93-0.720.970.840.740.760.780.980.95-0.940.260.920.970.810.940.990.52
0.830.40.790.830.84-0.910.830.490.84-0.920.690.840.520.440.510.90.83-0.9-0.010.880.780.50.890.820.4
0.810.830.770.780.8-0.780.810.980.83-0.20.750.740.520.920.990.720.63-0.790.380.830.850.920.780.80.92
0.830.630.80.80.82-0.740.840.840.83-0.220.830.760.440.920.940.720.63-0.750.460.760.880.990.770.820.76
0.840.730.820.820.84-0.80.830.930.85-0.230.820.780.510.990.940.760.67-0.810.40.840.880.950.810.840.86
0.980.430.950.970.98-0.980.950.630.94-0.790.930.980.90.720.720.760.92-0.980.220.950.960.770.970.970.52
0.930.40.960.950.91-0.890.870.550.89-0.720.890.950.830.630.630.670.92-0.890.210.870.870.690.880.940.45
-0.97-0.55-0.94-0.95-0.981.0-0.97-0.73-0.980.74-0.88-0.94-0.9-0.79-0.75-0.81-0.98-0.89-0.2-0.99-0.95-0.8-1.0-0.96-0.64
0.290.310.320.290.29-0.20.280.340.220.120.360.26-0.010.380.460.40.220.21-0.20.230.360.450.240.30.28
0.960.630.920.940.97-0.990.960.790.97-0.680.850.920.880.830.760.840.950.87-0.990.230.930.810.980.940.71
0.990.530.960.980.99-0.940.970.760.96-0.620.960.970.780.850.880.880.960.87-0.950.360.930.910.960.980.64
0.870.620.850.840.87-0.790.880.840.88-0.30.860.810.50.920.990.950.770.69-0.80.450.810.910.820.870.74
0.980.520.940.950.99-0.990.990.710.98-0.750.890.940.890.780.770.810.970.88-1.00.240.980.960.820.960.61
1.00.530.991.00.99-0.960.970.720.97-0.670.960.990.820.80.820.840.970.94-0.960.30.940.980.870.960.61
0.610.950.570.580.61-0.630.630.980.69-0.020.50.520.40.920.760.860.520.45-0.640.280.710.640.740.610.61
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Viomi Technology Account Relationship Matchups

Viomi Technology fundamental ratios Accounts

201920202021202220232024 (projected)
Total Assets3.0B3.2B3.3B3.0B2.8B2.5B
Short Long Term Debt Total116.3M21.2M35.0M148.8M261.9M274.9M
Other Current Liab383.7M459.7M371.1M320.4M320.7M305.3M
Total Current Liabilities1.6B1.6B1.6B1.4B1.3B1.2B
Total Stockholder Equity1.4B1.5B1.6B1.4B1.3B1.2B
Other Liab518K1.8M3.4M7.6M6.8M6.5M
Net Tangible Assets1.1B1.4B1.5B1.6B1.8B919.2M
Property Plant And Equipment Net87.1M93.0M164.4M251.1M348.0M365.4M
Current Deferred Revenue103.2M112.6M100.1M118.4M131.3M94.4M
Net Debt(856.2M)(482.9M)(551.9M)(588.3M)(229.9M)(241.4M)
Retained Earnings195.6M363.1M449.9M174.4M89.7M105.6M
Accounts Payable1.0B1.0B1.1B844.1M666.3M761.4M
Cash972.4M504.1M587.0M737.1M491.7M642.1M
Non Current Assets Total114.9M247.6M330.9M390.7M471.7M495.3M
Non Currrent Assets Other11.2M19.8M27.3M22.9M29.8M17.4M
Other Assets8.9M23.4M84.0M92.6M106.5M111.8M
Cash And Short Term Investments1.3B1.2B1.5B1.1B957.9M1.0B
Net Receivables1.0B1.0B623.3M602.1M551.0M652.0M
Common Stock Shares Outstanding72.0M71.9M73.6M69.3M68.8M62.3M
Short Term Investments376.2M706.1M878.9M368.6M466.2M407.7M
Liabilities And Stockholders Equity3.0B3.2B3.3B3.0B2.8B2.5B
Non Current Liabilities Total15.2M15.1M31.3M129.6M144.2M151.4M
Capital Lease Obligations20.4M21.2M18.9M14.0M5.1M4.9M
Inventory418.0M439.4M576.4M502.3M442.2M369.2M
Other Current Assets92.9M245.9M280.3M284.8M331.5M172.3M
Other Stockholder Equity1.2B1.2B1.3B1.3B1.3B1.0B
Total Liab1.6B1.6B1.6B1.5B1.4B1.3B
Property Plant And Equipment Gross87.1M93.0M164.4M251.1M560.6M588.6M
Total Current Assets2.9B2.9B2.9B2.6B2.3B2.3B
Accumulated Other Comprehensive Income(19.1M)(59.4M)(73.1M)(24.3M)(14.3M)(15.0M)
Non Current Liabilities Other1.8M3.4M7.6M8.2M12.8M13.4M
Short Term Debt102.9M9.5M11.3M27.4M130.4M137.0M
Intangible Assets4.4M70.7M73.9M74.1M70.1M40.3M
Property Plant Equipment11.3M87.1M93.0M164.4M189.1M198.5M

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