Vicinity Short Long Term Debt vs Cash Analysis

VMC Stock

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Vicinity financial indicator trend analysis is much more than just breaking down Vicinity Motor Corp prevalent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Vicinity Motor Corp is a good investment. Please check the relationship between Vicinity Short Long Term Debt and its Cash accounts. Check out World Market Map to better understand how to build diversified portfolios, which includes a position in Vicinity Motor Corp. 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.

Short Long Term Debt vs Cash

Short Long Term Debt vs Cash Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Vicinity Motor Corp Short Long Term Debt account and Cash. At this time, the significance of the direction appears to have significant contrarian relationship.

The correlation between Vicinity's Short Long Term Debt and Cash is -0.24. Overlapping area represents the amount of variation of Short Long Term Debt that can explain the historical movement of Cash in the same time period over historical financial statements of Vicinity Motor Corp, assuming nothing else is changed. The correlation between historical values of Vicinity's Short Long Term Debt and Cash is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Short Long Term Debt of Vicinity Motor Corp are associated (or correlated) with its Cash. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Cash has no effect on the direction of Short Long Term Debt i.e., Vicinity's Short Long Term Debt and Cash go up and down completely randomly.

Correlation Coefficient

-0.24

Relationship Direction	Negative
Relationship Strength	Insignificant

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Short Long Term Debt

The total of a company's short-term and long-term borrowings.

Cash

Cash refers to the most liquid asset of Vicinity Motor Corp, which is listed under current asset account on Vicinity Motor Corp balance sheet and usually includes currency, coins, checking accounts, and not deposited checks received from Vicinity customers. The amounts must be unrestricted with restricted cash listed in a different Vicinity 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.

Most indicators from Vicinity's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Vicinity Motor Corp 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 Vicinity Motor Corp. 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.

Sales General And Administrative To Revenue is likely to climb to 0.62 in 2024, whereas Selling General Administrative is likely to drop slightly above 9.5 M in 2024.

	2021	2022	2023	2024 (projected)
Gross Profit	4.2M	440K	2.1M	3.7M
Total Revenue	41.7M	18.5M	19.1M	29.1M

Gross Profit Total Revenue

Vicinity fundamental ratios Correlations

	Total Assets	Other Current Liab	Total Current Liabilities	Total Stockholder Equity	Other Liab	Net Tangible Assets	Net Debt	Retained Earnings	Accounts Payable	Cash	Non Current Assets Total	Long Term Debt	Net Receivables	Common Stock Shares Outstanding	Non Current Liabilities Total	Inventory	Other Current Assets	Total Liab	Net Invested Capital	Short Long Term Debt	Total Current Assets	Net Working Capital	Intangible Assets	Common Stock	Property Plant Equipment	Capital Stock
Total Assets		-0.24	0.64	0.41	-0.58	-0.82	0.7	-0.83	-0.63	-0.13	0.76	0.62	-0.58	0.82	0.67	-0.04	-0.34	0.69	0.89	0.73	-0.15	-0.79	0.57	0.82	0.74	0.82
Other Current Liab	-0.24		-0.09	-0.05	0.32	0.09	-0.53	0.53	0.27	0.72	-0.14	-0.44	0.24	-0.41	-0.49	-0.24	0.33	-0.21	-0.23	-0.43	0.12	0.23	0.23	-0.16	-0.26	-0.33
Total Current Liabilities	0.64	-0.09		-0.42	0.16	-0.37	0.59	-0.31	0.09	0.28	0.04	0.08	0.17	0.14	0.65	0.49	0.34	0.98	0.23	0.66	0.63	-0.2	-0.14	0.18	0.08	0.13
Total Stockholder Equity	0.41	-0.05	-0.42		-0.79	-0.57	0.07	-0.56	-0.82	-0.34	0.86	0.53	-0.82	0.77	-0.01	-0.76	-0.69	-0.38	0.77	0.04	-0.91	-0.71	0.9	0.75	0.77	0.8
Other Liab	-0.58	0.32	0.16	-0.79		0.64	-0.48	0.77	0.9	0.69	-0.81	-0.86	0.98	-0.85	-0.3	0.29	0.89	0.04	-0.82	-0.4	0.8	0.79	-0.73	-0.8	-0.84	-0.85
Net Tangible Assets	-0.82	0.09	-0.37	-0.57	0.64		-0.57	0.79	0.71	0.18	-0.82	-0.5	0.68	-0.8	-0.47	0.32	0.34	-0.37	-0.86	-0.59	0.42	0.88	-0.74	-0.81	-0.79	-0.84
Net Debt	0.7	-0.53	0.59	0.07	-0.48	-0.57		-0.84	-0.52	-0.39	0.38	0.61	-0.37	0.55	0.96	0.16	-0.3	0.66	0.55	0.99	-0.06	-0.68	0.15	0.45	0.64	0.53
Retained Earnings	-0.83	0.53	-0.31	-0.56	0.77	0.79	-0.84		0.86	0.53	-0.8	-0.8	0.71	-0.9	-0.78	0.25	0.61	-0.39	-0.88	-0.8	0.49	0.93	-0.58	-0.81	-0.93	-0.89
Accounts Payable	-0.63	0.27	0.09	-0.82	0.9	0.71	-0.52	0.86		0.59	-0.91	-0.87	0.86	-0.9	-0.44	0.53	0.85	0.01	-0.87	-0.47	0.81	0.93	-0.82	-0.89	-0.97	-0.91
Cash	-0.13	0.72	0.28	-0.34	0.69	0.18	-0.39	0.53	0.59		-0.35	-0.74	0.63	-0.52	-0.23	-0.06	0.8	0.14	-0.34	-0.24	0.56	0.38	-0.13	-0.38	-0.45	-0.47
Non Current Assets Total	0.76	-0.14	0.04	0.86	-0.81	-0.82	0.38	-0.8	-0.91	-0.35		0.73	-0.83	0.95	0.32	-0.57	-0.68	0.08	0.96	0.36	-0.71	-0.91	0.91	0.97	0.92	0.97
Long Term Debt	0.62	-0.44	0.08	0.53	-0.86	-0.5	0.61	-0.8	-0.87	-0.74	0.73		-0.79	0.82	0.51	-0.1	-0.91	0.21	0.75	0.53	-0.56	-0.75	0.54	0.81	0.81	0.79
Net Receivables	-0.58	0.24	0.17	-0.82	0.98	0.68	-0.37	0.71	0.86	0.63	-0.83	-0.79		-0.86	-0.18	0.29	0.84	0.06	-0.83	-0.3	0.79	0.75	-0.77	-0.82	-0.79	-0.86
Common Stock Shares Outstanding	0.82	-0.41	0.14	0.77	-0.85	-0.8	0.55	-0.9	-0.9	-0.52	0.95	0.82	-0.86		0.46	-0.36	-0.72	0.22	0.97	0.5	-0.64	-0.9	0.76	0.95	0.91	1.0
Non Current Liabilities Total	0.67	-0.49	0.65	-0.01	-0.3	-0.47	0.96	-0.78	-0.44	-0.23	0.32	0.51	-0.18	0.46		0.1	-0.16	0.69	0.47	0.97	0.05	-0.62	0.08	0.38	0.59	0.44
Inventory	-0.04	-0.24	0.49	-0.76	0.29	0.32	0.16	0.25	0.53	-0.06	-0.57	-0.1	0.29	-0.36	0.1		0.29	0.56	-0.38	0.14	0.72	0.49	-0.72	-0.39	-0.53	-0.41
Other Current Assets	-0.34	0.33	0.34	-0.69	0.89	0.34	-0.3	0.61	0.85	0.8	-0.68	-0.91	0.84	-0.72	-0.16	0.29		0.21	-0.63	-0.19	0.79	0.61	-0.6	-0.7	-0.72	-0.7
Total Liab	0.69	-0.21	0.98	-0.38	0.04	-0.37	0.66	-0.39	0.01	0.14	0.08	0.21	0.06	0.22	0.69	0.56	0.21		0.29	0.71	0.57	-0.24	-0.14	0.24	0.14	0.2
Net Invested Capital	0.89	-0.23	0.23	0.77	-0.82	-0.86	0.55	-0.88	-0.87	-0.34	0.96	0.75	-0.83	0.97	0.47	-0.38	-0.63	0.29		0.53	-0.57	-0.92	0.83	0.97	0.91	0.98
Short Long Term Debt	0.73	-0.43	0.66	0.04	-0.4	-0.59	0.99	-0.8	-0.47	-0.24	0.36	0.53	-0.3	0.5	0.97	0.14	-0.19	0.71	0.53		0.01	-0.67	0.16	0.42	0.61	0.49
Total Current Assets	-0.15	0.12	0.63	-0.91	0.8	0.42	-0.06	0.49	0.81	0.56	-0.71	-0.56	0.79	-0.64	0.05	0.72	0.79	0.57	-0.57	0.01		0.63	-0.76	-0.59	-0.71	-0.66
Net Working Capital	-0.79	0.23	-0.2	-0.71	0.79	0.88	-0.68	0.93	0.93	0.38	-0.91	-0.75	0.75	-0.9	-0.62	0.49	0.61	-0.24	-0.92	-0.67	0.63		-0.8	-0.89	-0.98	-0.92
Intangible Assets	0.57	0.23	-0.14	0.9	-0.73	-0.74	0.15	-0.58	-0.82	-0.13	0.91	0.54	-0.77	0.76	0.08	-0.72	-0.6	-0.14	0.83	0.16	-0.76	-0.8		0.85	0.81	0.81
Common Stock	0.82	-0.16	0.18	0.75	-0.8	-0.81	0.45	-0.81	-0.89	-0.38	0.97	0.81	-0.82	0.95	0.38	-0.39	-0.7	0.24	0.97	0.42	-0.59	-0.89	0.85		0.89	0.96
Property Plant Equipment	0.74	-0.26	0.08	0.77	-0.84	-0.79	0.64	-0.93	-0.97	-0.45	0.92	0.81	-0.79	0.91	0.59	-0.53	-0.72	0.14	0.91	0.61	-0.71	-0.98	0.81	0.89		0.93
Capital Stock	0.82	-0.33	0.13	0.8	-0.85	-0.84	0.53	-0.89	-0.91	-0.47	0.97	0.79	-0.86	1.0	0.44	-0.41	-0.7	0.2	0.98	0.49	-0.66	-0.92	0.81	0.96	0.93

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Vicinity Account Relationship Matchups

Vicinity fundamental ratios Accounts

	2019	2020	2021	2022	2023	2024 (projected)
Total Assets	36.9M	47.0M	54.0M	55.0M	74.2M	55.7M
Other Current Liab	2.7M	2.1M	9.2M	449K	1.2M	1.2M
Total Current Liabilities	18.6M	19.0M	19.4M	16.6M	43.5M	25.4M
Total Stockholder Equity	16.7M	22.4M	34.2M	36.8M	21.2M	26.6M
Other Liab	1.8M	1.2M	201K	255K	229.5K	218.0K
Net Tangible Assets	19.2M	15.1M	15.9M	11.9M	10.7M	12.3M
Net Debt	7.3M	7.3M	2.7M	5.6M	25.1M	26.3M
Retained Earnings	(22.8M)	(22.2M)	(29.7M)	(47.6M)	(64.3M)	(61.1M)
Accounts Payable	9.2M	7.8M	10.1M	2.7M	2.4M	2.3M
Cash	757.3K	1.3M	4.4M	1.6M	2.0M	1.9M
Non Current Assets Total	6.1M	6.2M	33.2M	36.9M	33.5M	19.9M
Net Receivables	9.2M	1.6M	1.3M	1.1M	2.6M	4.9M
Common Stock Shares Outstanding	24.8M	28.7M	34.9M	44.7M	45.7M	35.7M
Non Current Liabilities Total	1.6M	534K	347K	1.6M	9.5M	10.0M
Inventory	19.3M	25.6M	9.4M	10.1M	23.3M	14.1M
Total Liab	20.2M	24.7M	19.7M	18.2M	53.0M	29.2M
Net Invested Capital	24.7M	30.9M	41.4M	44.0M	48.3M	38.3M
Short Long Term Debt	8.0M	8.6M	7.1M	7.2M	27.1M	28.4M
Total Current Assets	30.8M	32.1M	20.8M	18.1M	40.6M	25.0M
Net Working Capital	12.2M	16.7M	1.4M	1.6M	(2.9M)	(2.7M)
Intangible Assets	1.6M	2.2M	22.4M	14.3M	9.8M	8.4M
Common Stock	36.0M	37.1M	37.2M	58.1M	66.8M	44.5M
Property Plant Equipment	4.7M	4.5M	3.2M	10.8M	12.5M	13.1M
Capital Stock	28.4M	36.4M	58.1M	76.0M	76.8M	55.4M

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