Virco Total Operating Expenses vs Total Revenue Analysis
VIRC Stock | USD 15.83 0.28 1.74% |
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 Total 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.
Total Operating Expenses vs Total Revenue
Total Operating Expenses vs Total Revenue 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 Total Revenue. At this time, the significance of the direction appears to have very strong relationship.
The correlation between Virco Manufacturing's Total Operating Expenses and Total Revenue is 0.87. Overlapping area represents the amount of variation of Total Operating Expenses that can explain the historical movement of Total 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 Total Operating Expenses and Total 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 Total Operating Expenses of Virco Manufacturing are associated (or correlated) with its Total Revenue. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Total Revenue has no effect on the direction of Total Operating Expenses i.e., Virco Manufacturing's Total Operating Expenses and Total Revenue go up and down completely randomly.
Correlation Coefficient | 0.87 |
Relationship Direction | Positive |
Relationship Strength | Strong |
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.Total Revenue
Total revenue comprises all receipts Virco Manufacturing generated from the sale of its products or services. The total amount of income generated by the sale of goods or services related to the company's primary operations.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 AI Portfolio Architect module to use AI to generate optimal portfolios and find profitable investment opportunities.
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.