Vision Selling And Marketing Expenses vs Income Before Tax Analysis

VMAR Stock  USD 1.91  0.08  4.37%   
Vision Marine financial indicator trend analysis is much more than just breaking down Vision Marine Techno prevalent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Vision Marine Techno is a good investment. Please check the relationship between Vision Marine Selling And Marketing Expenses and its Income Before Tax accounts. Check out World Market Map to better understand how to build diversified portfolios, which includes a position in Vision Marine 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 nation.

Selling And Marketing Expenses vs Income Before Tax

Selling And Marketing Expenses vs Income Before Tax Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Vision Marine Techno Selling And Marketing Expenses account and Income Before Tax. At this time, the significance of the direction appears to have pay attention.
The correlation between Vision Marine's Selling And Marketing Expenses and Income Before Tax is -0.93. Overlapping area represents the amount of variation of Selling And Marketing Expenses that can explain the historical movement of Income Before Tax in the same time period over historical financial statements of Vision Marine Technologies, assuming nothing else is changed. The correlation between historical values of Vision Marine's Selling And Marketing Expenses and Income Before Tax is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Selling And Marketing Expenses of Vision Marine Technologies are associated (or correlated) with its Income Before Tax. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Income Before Tax has no effect on the direction of Selling And Marketing Expenses i.e., Vision Marine's Selling And Marketing Expenses and Income Before Tax go up and down completely randomly.

Correlation Coefficient

-0.93
Relationship DirectionNegative 
Relationship StrengthSignificant

Selling And Marketing Expenses

Income Before Tax

Income Before Tax which can also be referred as pre-tax income is reported on Vision Marine income statement and is an important metric when analyzing Vision Marine Techno profitability. Accounting techniques because taxes can be complex, and not perfectly consistent from one company to company, an analyst may use pre-tax income as a more stable measure of profitability.
Most indicators from Vision Marine's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Vision Marine Techno 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 Vision Marine 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 nation.
As of 01/18/2025, Tax Provision is likely to grow to about (240.1 K). In addition to that, Selling General Administrative is likely to drop to about 7.6 M
 2022 2023 2024 2025 (projected)
Interest Expense142.1K249.6K287.1K301.4K
Depreciation And Amortization1.1M1.0M1.2M1.2M

Vision Marine fundamental ratios Correlations

0.910.760.440.950.920.960.59-0.75-0.570.250.940.830.45-0.10.83-0.710.75-0.320.670.380.730.610.970.060.96
0.910.880.360.880.80.950.58-0.65-0.450.030.970.630.420.140.77-0.470.7-0.240.750.140.580.620.830.030.8
0.760.880.470.610.660.890.76-0.3-0.580.190.820.640.52-0.020.45-0.180.68-0.510.930.270.660.780.620.340.6
0.440.360.470.210.710.530.580.03-0.920.80.330.760.89-0.320.04-0.490.72-0.890.720.830.850.910.490.730.52
0.950.880.610.210.820.850.44-0.87-0.3-0.020.940.640.260.010.93-0.680.56-0.010.450.110.490.370.93-0.240.9
0.920.80.660.710.820.880.58-0.64-0.750.490.810.90.63-0.20.71-0.80.83-0.540.70.590.840.760.950.280.96
0.960.950.890.530.850.880.68-0.55-0.660.30.940.820.58-0.030.67-0.580.81-0.450.810.410.790.740.890.230.86
0.590.580.760.580.440.580.68-0.16-0.60.250.650.690.68-0.580.26-0.090.39-0.550.830.350.620.770.480.270.48
-0.75-0.65-0.30.03-0.87-0.64-0.55-0.160.00.18-0.69-0.40.130.02-0.990.58-0.31-0.2-0.160.08-0.18-0.08-0.760.44-0.79
-0.57-0.45-0.58-0.92-0.3-0.75-0.66-0.60.0-0.87-0.42-0.87-0.840.3-0.090.56-0.830.93-0.76-0.91-0.97-0.9-0.59-0.78-0.6
0.250.030.190.8-0.020.490.30.250.18-0.870.00.680.63-0.31-0.16-0.530.67-0.870.40.990.810.630.340.840.37
0.940.970.820.330.940.810.940.65-0.69-0.420.00.680.44-0.010.79-0.520.62-0.170.680.130.580.560.87-0.080.83
0.830.630.640.760.640.90.820.69-0.4-0.870.680.680.71-0.450.47-0.720.77-0.70.720.780.940.80.850.480.85
0.450.420.520.890.260.630.580.680.13-0.840.630.440.71-0.25-0.02-0.420.65-0.710.690.670.810.840.470.560.43
-0.10.14-0.02-0.320.01-0.2-0.03-0.580.020.3-0.31-0.01-0.45-0.250.020.00.160.37-0.22-0.37-0.26-0.29-0.1-0.19-0.15
0.830.770.450.040.930.710.670.26-0.99-0.09-0.160.790.47-0.020.02-0.580.410.120.3-0.040.270.20.82-0.380.84
-0.71-0.47-0.18-0.49-0.68-0.8-0.58-0.090.580.56-0.53-0.52-0.72-0.420.0-0.58-0.70.28-0.19-0.59-0.67-0.35-0.85-0.12-0.83
0.750.70.680.720.560.830.810.39-0.31-0.830.670.620.770.650.160.41-0.7-0.680.70.710.890.760.770.550.76
-0.32-0.24-0.51-0.89-0.01-0.54-0.45-0.55-0.20.93-0.87-0.17-0.7-0.710.370.120.28-0.68-0.74-0.88-0.83-0.87-0.32-0.92-0.37
0.670.750.930.720.450.70.810.83-0.16-0.760.40.680.720.69-0.220.3-0.190.7-0.740.470.760.940.550.560.57
0.380.140.270.830.110.590.410.350.08-0.910.990.130.780.67-0.37-0.04-0.590.71-0.880.470.870.680.460.80.48
0.730.580.660.850.490.840.790.62-0.18-0.970.810.580.940.81-0.260.27-0.670.89-0.830.760.870.870.750.670.74
0.610.620.780.910.370.760.740.77-0.08-0.90.630.560.80.84-0.290.2-0.350.76-0.870.940.680.870.560.690.59
0.970.830.620.490.930.950.890.48-0.76-0.590.340.870.850.47-0.10.82-0.850.77-0.320.550.460.750.560.070.99
0.060.030.340.73-0.240.280.230.270.44-0.780.84-0.080.480.56-0.19-0.38-0.120.55-0.920.560.80.670.690.070.1
0.960.80.60.520.90.960.860.48-0.79-0.60.370.830.850.43-0.150.84-0.830.76-0.370.570.480.740.590.990.1
Click cells to compare fundamentals

Vision Marine Account Relationship Matchups

Vision Marine fundamental ratios Accounts

202020212022202320242025 (projected)
Total Assets38.8M29.1M24.0M11.4M13.1M17.4M
Short Long Term Debt Total3.0M2.6M3.1M718.4K826.2K784.9K
Other Current Liab1.4M1.5M2.6M790.8K909.4K1.3M
Total Current Liabilities2.7M2.9M4.9M5.7M6.6M3.4M
Total Stockholder Equity33.5M24.0M11.6M3.0M3.5M3.3M
Net Tangible Assets(132.3K)791.9K23.3M13.6M15.6M8.2M
Property Plant And Equipment Net4.3M4.5M4.7M1.8M2.1M2.7M
Current Deferred Revenue898.7K1.0M1.8M827.6K951.8K856.1K
Net Debt(15.1M)(3.2M)(257.1K)655.3K589.8K619.3K
Retained Earnings(17.6M)(30.7M)(51.5M)(65.6M)(59.0M)(56.1M)
Accounts Payable560.9K737.9K1.1M3.9M4.5M4.7M
Non Current Assets Total17.5M17.5M15.6M2.8M3.2M3.1M
Non Currrent Assets Other40.3K(1.2M)2.9M2.4M2.8M2.9M
Long Term Debt354.5K53.9K155.3K33.8K30.4K28.9K
Cash And Short Term Investments18.1M5.8M3.4M63.1K72.6K69.0K
Net Receivables27.4K108.7K708.7K184.3K165.9K296.1K
Common Stock Shares Outstanding7.4M7.4M8.3M68.7K61.8K58.7K
Liabilities And Stockholders Equity38.8M29.1M24.0M11.4M13.1M17.4M
Non Current Liabilities Total2.6M2.2M7.6M2.7M3.1M2.7M
Capital Lease Obligations673.0K3.0M2.4M2.6M3.0M1.6M
Inventory2.0M2.1M2.4M6.2M7.1M7.5M
Other Stockholder Equity7.9M10.6M11.7M12.1M13.9M14.6M
Total Liab5.3M5.1M12.5M8.4M9.7M6.1M
Net Invested Capital1.4M33.6M24.3M12.0M13.8M13.1M
Short Long Term Debt227.2K10.2K72.1K426.5K490.5K515.1K
Total Current Assets21.3M11.6M8.5M8.6M9.9M8.7M
Accumulated Other Comprehensive Income388.6K697.7K1.0M1.1M1.3M1.4M
Capital Stock2.5M42.8M43.4M50.4M58.0M60.9M
Net Working Capital533.8K18.6M8.7M3.6M4.2M5.7M
Short Term Debt572.3K633.3K1.1M223.5K257.0K244.1K
Common Stock42.8M43.4M50.4M55.4M63.7M66.9M
Property Plant Equipment507.5K1.2M4.3M4.5M5.2M5.4M
Cash18.1M5.8M3.4M63.1K56.8K54.0K
Other Current Assets1.2M3.6M2.0M2.2M2.5M1.8M

Pair Trading with Vision Marine

One of the main advantages of trading using pair correlations is that every trade hedges away some risk. Because there are two separate transactions required, even if Vision Marine position performs unexpectedly, the other equity can make up some of the losses. Pair trading also minimizes risk from directional movements in the market. For example, if an entire industry or sector drops because of unexpected headlines, the short position in Vision Marine will appreciate offsetting losses from the drop in the long position's value.

Moving together with Vision Stock

  0.74BC BrunswickPairCorr

Moving against Vision Stock

  0.91AS Amer Sports,PairCorr
  0.88RL Ralph Lauren CorpPairCorr
  0.86FOSL Fossil GroupPairCorr
  0.82VUZI Vuzix Corp CmnPairCorr
  0.78FORD Forward IndustriesPairCorr
The ability to find closely correlated positions to Vision Marine could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Vision Marine when you sell it. If you don't do this, your portfolio allocation will be skewed against your target asset allocation. So, investors can't just sell and buy back Vision Marine - that would be a violation of the tax code under the "wash sale" rule, and this is why you need to find a similar enough asset and use the proceeds from selling Vision Marine Technologies to buy it.
The correlation of Vision Marine is a statistical measure of how it moves in relation to other instruments. This measure is expressed in what is known as the correlation coefficient, which ranges between -1 and +1. A perfect positive correlation (i.e., a correlation coefficient of +1) implies that as Vision Marine moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Vision Marine Techno moves in either direction, the perfectly negatively correlated security will move in the opposite direction. If the correlation is 0, the equities are not correlated; they are entirely random. A correlation greater than 0.8 is generally described as strong, whereas a correlation less than 0.5 is generally considered weak.
Correlation analysis and pair trading evaluation for Vision Marine can also be used as hedging techniques within a particular sector or industry or even over random equities to generate a better risk-adjusted return on your portfolios.
Pair CorrelationCorrelation Matching

Additional Tools for Vision Stock Analysis

When running Vision Marine's price analysis, check to measure Vision Marine'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 Vision Marine is operating at the current time. Most of Vision Marine's value examination focuses on studying past and present price action to predict the probability of Vision Marine's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Vision Marine's price. Additionally, you may evaluate how the addition of Vision Marine to your portfolios can decrease your overall portfolio volatility.