Virco Total Operating Expenses vs Ebit 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 Total Operating Expenses and its Ebit 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.

Total Operating Expenses vs Ebit

Total Operating Expenses vs Ebit Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Virco Manufacturing Total Operating Expenses account and Ebit. At this time, the significance of the direction appears to have fragmental relationship.
The correlation between Virco Manufacturing's Total Operating Expenses and Ebit is 0.47. Overlapping area represents the amount of variation of Total Operating Expenses that can explain the historical movement of Ebit 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 Total Operating Expenses and Ebit is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Total Operating Expenses of Virco Manufacturing are associated (or correlated) with its Ebit. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Ebit has no effect on the direction of Total Operating Expenses i.e., Virco Manufacturing's Total Operating Expenses and Ebit go up and down completely randomly.

Correlation Coefficient

0.47
Relationship DirectionPositive 
Relationship StrengthWeak

Total Operating Expenses

The total costs associated with the day-to-day operations of a business, excluding the cost of goods sold but including selling, general, and administrative expenses.

Ebit

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 Revenue184.8M231.1M269.1M163.6M
Depreciation And Amortization4.6M4.0M5.1M6.8M

Virco Manufacturing fundamental ratios Correlations

0.56-0.010.720.90.710.450.160.390.770.640.390.370.90.090.90.510.370.670.780.670.480.71-0.50.65-0.07
0.560.090.380.280.490.960.42-0.120.37-0.14-0.120.430.490.490.520.56-0.270.750.510.590.180.34-0.580.230.62
-0.010.090.280.16-0.550.080.680.2-0.5-0.470.20.72-0.03-0.450.250.15-0.61-0.30.460.16-0.020.09-0.57-0.020.56
0.720.380.280.630.250.30.130.380.230.370.380.620.66-0.220.890.450.170.510.870.810.780.81-0.60.150.05
0.90.280.160.630.430.180.320.490.610.60.490.430.84-0.250.850.490.270.270.780.550.360.62-0.570.77-0.1
0.710.49-0.550.250.430.42-0.330.160.920.680.16-0.220.570.590.40.230.610.820.210.30.190.370.110.39-0.34
0.450.960.080.30.180.420.33-0.350.33-0.2-0.350.340.420.610.440.46-0.240.680.460.450.150.16-0.550.210.66
0.160.420.680.130.32-0.330.330.23-0.26-0.530.230.740.15-0.410.280.53-0.82-0.190.410.37-0.190.18-0.760.280.74
0.39-0.120.20.380.490.16-0.350.230.110.331.00.430.27-0.550.320.310.060.040.310.430.070.66-0.080.06-0.32
0.770.37-0.50.230.610.920.33-0.260.110.780.11-0.260.630.470.460.210.660.660.260.220.190.280.040.69-0.38
0.64-0.14-0.470.370.60.68-0.2-0.530.330.780.33-0.290.580.080.45-0.070.910.390.240.130.410.390.220.47-0.76
0.39-0.120.20.380.490.16-0.350.231.00.110.330.430.27-0.550.320.310.060.040.310.430.070.66-0.080.06-0.32
0.370.430.720.620.43-0.220.340.740.43-0.26-0.290.430.4-0.40.580.56-0.540.080.770.660.250.6-0.810.020.58
0.90.49-0.030.660.840.570.420.150.270.630.580.270.40.070.880.40.340.550.790.610.450.72-0.530.55-0.05
0.090.49-0.45-0.22-0.250.590.61-0.41-0.550.470.08-0.55-0.40.07-0.12-0.090.30.61-0.15-0.17-0.11-0.280.280.030.07
0.90.520.250.890.850.40.440.280.320.460.450.320.580.88-0.120.490.180.530.940.760.640.75-0.710.480.12
0.510.560.150.450.490.230.460.530.310.21-0.070.310.560.4-0.090.49-0.270.280.550.690.140.52-0.630.290.34
0.37-0.27-0.610.170.270.61-0.24-0.820.060.660.910.06-0.540.340.30.18-0.270.340.0-0.10.330.130.480.23-0.83
0.670.75-0.30.510.270.820.68-0.190.040.660.390.040.080.550.610.530.280.340.390.540.430.5-0.120.120.01
0.780.510.460.870.780.210.460.410.310.260.240.310.770.79-0.150.940.550.00.390.740.550.7-0.810.380.29
0.670.590.160.810.550.30.450.370.430.220.130.430.660.61-0.170.760.69-0.10.540.740.390.8-0.590.130.2
0.480.18-0.020.780.360.190.15-0.190.070.190.410.070.250.45-0.110.640.140.330.430.550.390.57-0.380.03-0.06
0.710.340.090.810.620.370.160.180.660.280.390.660.60.72-0.280.750.520.130.50.70.80.57-0.460.09-0.1
-0.5-0.58-0.57-0.6-0.570.11-0.55-0.76-0.080.040.22-0.08-0.81-0.530.28-0.71-0.630.48-0.12-0.81-0.59-0.38-0.46-0.35-0.69
0.650.23-0.020.150.770.390.210.280.060.690.470.060.020.550.030.480.290.230.120.380.130.030.09-0.35-0.05
-0.070.620.560.05-0.1-0.340.660.74-0.32-0.38-0.76-0.320.58-0.050.070.120.34-0.830.010.290.2-0.06-0.1-0.69-0.05
Click cells to compare fundamentals

Virco Manufacturing Account Relationship Matchups

Virco Manufacturing fundamental ratios Accounts

201920202021202220232024 (projected)
Total Assets139.0M125.0M126.4M150.1M146.4M128.2M
Short Long Term Debt Total40.1M30.7M30.7M33.6M12.0M19.6M
Other Current Liab10.0M3.4M6.6M11.5M13.7M8.0M
Total Current Liabilities25.1M22.1M36.3M48.5M38.5M31.3M
Total Stockholder Equity54.8M54.2M47.4M68.1M91.2M59.6M
Property Plant And Equipment Net61.2M54.4M49.2M44.7M41.1M47.0M
Net Debt39.0M30.3M29.3M32.6M6.7M6.3M
Retained Earnings(49.8M)(52.0M)(67.2M)(50.6M)(29.0M)(30.5M)
Cash1.2M402K1.4M1.1M5.3M5.6M
Non Current Assets Total80.7M74.1M57.6M61.1M57.4M58.7M
Non Currrent Assets Other8.2M7.9M8.0M8.6M9.7M8.3M
Cash And Short Term Investments1.2M402K1.4M1.1M5.3M5.6M
Net Receivables12.1M10.0M18.0M18.5M23.2M15.6M
Common Stock Shares Outstanding15.7M15.8M16.0M16.2M16.4M15.4M
Liabilities And Stockholders Equity139.0M125.0M126.4M150.1M146.4M128.2M
Non Current Liabilities Total59.1M48.7M42.7M33.5M16.7M15.9M
Inventory43.3M38.3M47.4M67.4M58.4M44.1M
Other Current Assets1.7M2.3M2.1M2.1M2.2M2.0M
Other Stockholder Equity118.8M119.7M120.5M120.9M121.4M95.7M
Total Liab84.2M70.8M79.0M82.1M55.3M68.7M
Total Current Assets58.3M51.0M68.8M89.1M89.0M50.6M
Short Term Debt4.5M10.2M9.8M17.5M11.7M12.3M
Accounts Payable10.6M8.4M19.8M19.4M12.9M13.6M
Property Plant And Equipment Gross61.2M54.4M183.9M170.4M177.4M186.3M
Accumulated Other Comprehensive Income(14.3M)(13.6M)(6.0M)(2.4M)(1.3M)(1.4M)
Other Liab23.5M23.6M17.1M12.4M14.2M22.4M
Other Assets19.4M19.6M8.4M16.4M18.8M13.7M
Long Term Debt15.8M9.6M14.2M14.4M4.1M3.9M
Common Stock Total Equity155K157K159K162K186.3K158.0K
Common Stock157K159K161K162K164K159.6K
Property Plant Equipment39.9M36.8M49.2M34.6M31.1M39.9M
Net Tangible Assets54.8M54.2M47.4M68.1M78.3M49.6M
Retained Earnings Total Equity(52.2M)(49.8M)(52.0M)(50.6M)(58.2M)(61.1M)
Long Term Debt Total15.9M15.8M9.6M14.4M16.5M10.7M
Capital Surpluse118.1M118.8M119.7M120.9M139.0M129.2M
Non Current Liabilities Other43.2M39.2M639K19.2M562K533.9K
Accumulated Depreciation(122.8M)(127.4M)(132.0M)(135.8M)(156.2M)(164.0M)
Short Long Term Debt878K887K340K7.4M248K235.6K

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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 Efficient Frontier module to plot and analyze your portfolio and positions against risk-return landscape of the market..
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.