VIP Cash vs Net Working Capital Analysis
| VIP Stock | 0.01 0.00 0.00% |
VIP Entertainment financial indicator trend analysis is much more than just breaking down VIP Entertainment prevalent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether VIP Entertainment is a good investment. Please check the relationship between VIP Entertainment Cash and its Net Working Capital accounts. Check out World Market Map to better understand how to build diversified portfolios, which includes a position in VIP Entertainment Technologies. 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.
Cash vs Net Working Capital
Cash vs Net Working Capital Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of VIP Entertainment Cash account and Net Working Capital. At this time, the significance of the direction appears to have totally related.
The correlation between VIP Entertainment's Cash and Net Working Capital is 0.99. Overlapping area represents the amount of variation of Cash that can explain the historical movement of Net Working Capital in the same time period over historical financial statements of VIP Entertainment Technologies, assuming nothing else is changed. The correlation between historical values of VIP Entertainment's Cash and Net Working Capital is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Cash of VIP Entertainment Technologies are associated (or correlated) with its Net Working Capital. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Net Working Capital has no effect on the direction of Cash i.e., VIP Entertainment's Cash and Net Working Capital go up and down completely randomly.
Correlation Coefficient | 0.99 |
| Relationship Direction | Positive |
| Relationship Strength | Very Strong |
Cash
Cash refers to the most liquid asset of VIP Entertainment, which is listed under current asset account on VIP Entertainment Technologies balance sheet and usually includes currency, coins, checking accounts, and not deposited checks received from VIP Entertainment customers. The amounts must be unrestricted with restricted cash listed in a different VIP Entertainment account. The total amount of money in the form of currency that a company has in its possession. This includes all bills, coins, and funds in bank accounts.Net Working Capital
Most indicators from VIP Entertainment's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into VIP Entertainment 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 VIP Entertainment Technologies. 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. Selling General Administrative is likely to drop to about 1.2 M in 2024. Issuance Of Capital Stock is likely to drop to about 460.2 K in 2024
| 2010 | 2023 | 2024 (projected) | Gross Profit | 296.5K | 367.9K | 365.4K | Interest Expense | 46.5K | 17.7K | 25.7K |
VIP Entertainment fundamental ratios Correlations
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VIP Entertainment Account Relationship Matchups
High Positive Relationship
High Negative Relationship
Thematic Opportunities
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Additional Tools for VIP Stock Analysis
When running VIP Entertainment's price analysis, check to measure VIP Entertainment'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 VIP Entertainment is operating at the current time. Most of VIP Entertainment's value examination focuses on studying past and present price action to predict the probability of VIP Entertainment's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move VIP Entertainment's price. Additionally, you may evaluate how the addition of VIP Entertainment to your portfolios can decrease your overall portfolio volatility.