Virco Gross Profit vs Cost Of Revenue Analysis
VIRC Stock | USD 16.36 0.02 0.12% |
Virco Manufacturing financial indicator trend analysis is much more than just breaking down Virco Manufacturing prevalent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Virco Manufacturing is a good investment. Please check the relationship between Virco Manufacturing Gross Profit and its Cost Of Revenue accounts. Check out World Market Map to better understand how to build diversified portfolios, which includes a position in Virco Manufacturing. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in metropolitan statistical area. For information on how to trade Virco Stock refer to our How to Trade Virco Stock guide.
Gross Profit vs Cost Of Revenue
Gross Profit vs Cost Of Revenue Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Virco Manufacturing Gross Profit account and Cost Of Revenue. At this time, the significance of the direction appears to have very strong relationship.
The correlation between Virco Manufacturing's Gross Profit and Cost Of Revenue is 0.82. Overlapping area represents the amount of variation of Gross Profit that can explain the historical movement of Cost Of Revenue in the same time period over historical financial statements of Virco Manufacturing, assuming nothing else is changed. The correlation between historical values of Virco Manufacturing's Gross Profit and Cost Of Revenue is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Gross Profit of Virco Manufacturing are associated (or correlated) with its Cost Of Revenue. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Cost Of Revenue has no effect on the direction of Gross Profit i.e., Virco Manufacturing's Gross Profit and Cost Of Revenue go up and down completely randomly.
Correlation Coefficient | 0.82 |
Relationship Direction | Positive |
Relationship Strength | Strong |
Gross Profit
Gross profit is a required income statement account that reflects total revenue of Virco Manufacturing minus its cost of goods sold. It is profit before Virco Manufacturing operating expenses, interest payments and taxes. Gross profit is also known as gross margin. The profit a company makes after deducting the costs associated with making and selling its products, or the costs associated with providing its services.Cost Of Revenue
Cost of Revenue is found on Virco Manufacturing income statement and represents the costs associated with goods and services Virco Manufacturing provides. Indirect cost, such as salaries, is not included. In other words, cost of revenue is the total cost incurred to obtain a sale. It is more than the traditional cost of goods sold, since it includes specific selling and marketing activities.Most indicators from Virco Manufacturing's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Virco Manufacturing 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 Virco Manufacturing. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in metropolitan statistical area. For information on how to trade Virco Stock refer to our How to Trade Virco Stock guide.At present, Virco Manufacturing's Enterprise Value is projected to decrease significantly based on the last few years of reporting.
2021 | 2022 | 2023 | 2024 (projected) | Total Revenue | 184.8M | 231.1M | 269.1M | 163.6M | Depreciation And Amortization | 4.6M | 4.0M | 5.1M | 6.8M |
Virco Manufacturing fundamental ratios Correlations
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Virco Manufacturing Account Relationship Matchups
High Positive Relationship
High Negative Relationship
Virco Manufacturing fundamental ratios Accounts
2019 | 2020 | 2021 | 2022 | 2023 | 2024 (projected) | ||
Total Assets | 139.0M | 125.0M | 126.4M | 150.1M | 146.4M | 128.2M | |
Short Long Term Debt Total | 40.1M | 30.7M | 30.7M | 33.6M | 12.0M | 19.6M | |
Other Current Liab | 10.0M | 3.4M | 6.6M | 11.5M | 13.7M | 8.0M | |
Total Current Liabilities | 25.1M | 22.1M | 36.3M | 48.5M | 38.5M | 31.3M | |
Total Stockholder Equity | 54.8M | 54.2M | 47.4M | 68.1M | 91.2M | 59.6M | |
Property Plant And Equipment Net | 61.2M | 54.4M | 49.2M | 44.7M | 41.1M | 47.0M | |
Net Debt | 39.0M | 30.3M | 29.3M | 32.6M | 6.7M | 6.3M | |
Retained Earnings | (49.8M) | (52.0M) | (67.2M) | (50.6M) | (29.0M) | (30.5M) | |
Cash | 1.2M | 402K | 1.4M | 1.1M | 5.3M | 5.6M | |
Non Current Assets Total | 80.7M | 74.1M | 57.6M | 61.1M | 57.4M | 58.7M | |
Non Currrent Assets Other | 8.2M | 7.9M | 8.0M | 8.6M | 9.7M | 8.3M | |
Cash And Short Term Investments | 1.2M | 402K | 1.4M | 1.1M | 5.3M | 5.6M | |
Net Receivables | 12.1M | 10.0M | 18.0M | 18.5M | 23.2M | 15.6M | |
Common Stock Shares Outstanding | 15.7M | 15.8M | 16.0M | 16.2M | 16.4M | 15.4M | |
Liabilities And Stockholders Equity | 139.0M | 125.0M | 126.4M | 150.1M | 146.4M | 128.2M | |
Non Current Liabilities Total | 59.1M | 48.7M | 42.7M | 33.5M | 16.7M | 15.9M | |
Inventory | 43.3M | 38.3M | 47.4M | 67.4M | 58.4M | 44.1M | |
Other Current Assets | 1.7M | 2.3M | 2.1M | 2.1M | 2.2M | 2.0M | |
Other Stockholder Equity | 118.8M | 119.7M | 120.5M | 120.9M | 121.4M | 95.7M | |
Total Liab | 84.2M | 70.8M | 79.0M | 82.1M | 55.3M | 68.7M | |
Total Current Assets | 58.3M | 51.0M | 68.8M | 89.1M | 89.0M | 50.6M | |
Short Term Debt | 4.5M | 10.2M | 9.8M | 17.5M | 11.7M | 12.3M | |
Accounts Payable | 10.6M | 8.4M | 19.8M | 19.4M | 12.9M | 13.6M | |
Property Plant And Equipment Gross | 61.2M | 54.4M | 183.9M | 170.4M | 177.4M | 186.3M | |
Accumulated Other Comprehensive Income | (14.3M) | (13.6M) | (6.0M) | (2.4M) | (1.3M) | (1.4M) | |
Other Liab | 23.5M | 23.6M | 17.1M | 12.4M | 14.2M | 22.4M | |
Other Assets | 19.4M | 19.6M | 8.4M | 16.4M | 18.8M | 13.7M | |
Long Term Debt | 15.8M | 9.6M | 14.2M | 14.4M | 4.1M | 3.9M | |
Common Stock Total Equity | 155K | 157K | 159K | 162K | 186.3K | 158.0K | |
Common Stock | 157K | 159K | 161K | 162K | 164K | 159.6K | |
Property Plant Equipment | 39.9M | 36.8M | 49.2M | 34.6M | 31.1M | 39.9M | |
Net Tangible Assets | 54.8M | 54.2M | 47.4M | 68.1M | 78.3M | 49.6M | |
Retained Earnings Total Equity | (52.2M) | (49.8M) | (52.0M) | (50.6M) | (58.2M) | (61.1M) | |
Long Term Debt Total | 15.9M | 15.8M | 9.6M | 14.4M | 16.5M | 10.7M | |
Capital Surpluse | 118.1M | 118.8M | 119.7M | 120.9M | 139.0M | 129.2M | |
Non Current Liabilities Other | 43.2M | 39.2M | 639K | 19.2M | 562K | 533.9K | |
Accumulated Depreciation | (122.8M) | (127.4M) | (132.0M) | (135.8M) | (156.2M) | (164.0M) | |
Short Long Term Debt | 878K | 887K | 340K | 7.4M | 248K | 235.6K |
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Analyzing currently trending equities could be an opportunity to develop a better portfolio based on different market momentums that they can trigger. Utilizing the top trending stocks is also useful when creating a market-neutral strategy or pair trading technique involving a short or a long position in a currently trending equity.When determining whether Virco Manufacturing offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of Virco Manufacturing's financial statements, including income statements, balance sheets, and cash flow statements, to assess its financial health. Key financial ratios are used to gauge profitability, efficiency, and growth potential of Virco Manufacturing Stock. Outlined below are crucial reports that will aid in making a well-informed decision on Virco Manufacturing Stock:Check out World Market Map to better understand how to build diversified portfolios, which includes a position in Virco Manufacturing. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in metropolitan statistical area. For information on how to trade Virco Stock refer to our How to Trade Virco Stock guide.You can also try the Idea Optimizer module to use advanced portfolio builder with pre-computed micro ideas to build optimal portfolio .
Is Commercial Services & Supplies space expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of Virco Manufacturing. If investors know Virco will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about Virco Manufacturing listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Quarterly Earnings Growth 0.093 | Dividend Share 0.06 | Earnings Share 1.63 | Revenue Per Share 17.273 | Quarterly Revenue Growth 0.01 |
The market value of Virco Manufacturing is measured differently than its book value, which is the value of Virco that is recorded on the company's balance sheet. Investors also form their own opinion of Virco Manufacturing's value that differs from its market value or its book value, called intrinsic value, which is Virco Manufacturing's true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because Virco Manufacturing's market value can be influenced by many factors that don't directly affect Virco Manufacturing's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between Virco Manufacturing's value and its price as these two are different measures arrived at by different means. Investors typically determine if Virco Manufacturing is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Virco Manufacturing's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.