Vmoto Other Current Liab vs Total Current Liabilities Analysis

VMT Stock   0.07  0.02  32.14%   
Vmoto financial indicator trend analysis is much more than just breaking down Vmoto prevalent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Vmoto is a good investment. Please check the relationship between Vmoto Other Current Liab and its Total Current Liabilities accounts. Check out World Market Map to better understand how to build diversified portfolios, which includes a position in Vmoto. 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.

Other Current Liab vs Total Current Liabilities

Other Current Liab vs Total Current Liabilities Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Vmoto Other Current Liab account and Total Current Liabilities. At this time, the significance of the direction appears to have strong relationship.
The correlation between Vmoto's Other Current Liab and Total Current Liabilities is 0.69. Overlapping area represents the amount of variation of Other Current Liab that can explain the historical movement of Total Current Liabilities in the same time period over historical financial statements of Vmoto, assuming nothing else is changed. The correlation between historical values of Vmoto's Other Current Liab and Total Current Liabilities is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Other Current Liab of Vmoto are associated (or correlated) with its Total Current Liabilities. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Total Current Liabilities has no effect on the direction of Other Current Liab i.e., Vmoto's Other Current Liab and Total Current Liabilities go up and down completely randomly.

Correlation Coefficient

0.69
Relationship DirectionPositive 
Relationship StrengthSignificant

Other Current Liab

Total Current Liabilities

Total Current Liabilities is an item on Vmoto balance sheet that include short term debt, accounts payable, accrued salaries payable, payroll taxes payable, accrued liabilities and other debts. Total Current Liabilities of Vmoto are important to investors because some useful performance ratios such as Current Ratio and Quick Ratio require Total Current Liabilities to be accurate. The total amount of liabilities that a company is expected to pay within one year, including debts, accounts payable, and other short-term financial obligations.
Most indicators from Vmoto's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Vmoto 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 Vmoto. 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.
At this time, Vmoto's Selling General Administrative is comparatively stable compared to the past year. Tax Provision is likely to gain to about 436.6 K in 2024, whereas Discontinued Operations is likely to drop (1.7 M) in 2024.
 2021 2022 2023 2024 (projected)
Depreciation And Amortization1.6M1.3M865K728.8K
Total Revenue86.2M116.7M69.2M72.7M

Vmoto fundamental ratios Correlations

0.99-0.960.970.870.290.960.810.860.990.850.840.880.80.880.010.720.120.6-0.240.960.40.530.790.16-0.35
0.99-0.960.970.890.340.970.790.830.980.830.840.830.770.830.020.730.160.52-0.240.940.340.540.820.13-0.32
-0.96-0.96-0.99-0.76-0.34-0.98-0.72-0.84-0.97-0.77-0.83-0.81-0.74-0.80.17-0.61-0.21-0.530.29-0.9-0.32-0.58-0.730.010.15
0.970.97-0.990.830.421.00.730.820.970.780.870.790.680.79-0.050.680.220.46-0.210.910.280.50.810.0-0.2
0.870.89-0.760.830.390.830.820.730.810.850.810.70.540.710.330.89-0.020.31-0.120.840.240.330.910.37-0.54
0.290.34-0.340.420.390.42-0.070.010.260.00.570.04-0.170.060.240.310.6-0.27-0.070.27-0.190.180.5-0.370.37
0.960.97-0.981.00.830.420.730.810.970.780.870.790.680.79-0.040.680.230.46-0.180.910.270.480.810.0-0.2
0.810.79-0.720.730.82-0.070.730.940.781.00.720.770.650.76-0.010.85-0.460.51-0.230.80.420.350.770.63-0.75
0.860.83-0.840.820.730.010.810.940.850.950.780.840.720.81-0.270.74-0.330.61-0.40.850.430.560.70.44-0.51
0.990.98-0.970.970.810.260.970.780.850.810.820.90.820.89-0.050.640.160.64-0.210.950.410.520.730.09-0.3
0.850.83-0.770.780.850.00.781.00.950.810.760.780.660.77-0.020.87-0.410.51-0.260.830.420.390.80.59-0.7
0.840.84-0.830.870.810.570.870.720.780.820.760.690.410.690.010.830.030.35-0.260.840.290.430.90.22-0.3
0.880.83-0.810.790.70.040.790.770.840.90.780.690.830.98-0.070.53-0.060.86-0.220.910.590.440.540.25-0.44
0.80.77-0.740.680.54-0.170.680.650.720.820.660.410.830.81-0.260.310.050.8-0.280.730.40.590.310.14-0.31
0.880.83-0.80.790.710.060.790.760.810.890.770.690.980.81-0.070.54-0.040.83-0.150.90.540.370.560.23-0.47
0.010.020.17-0.050.330.24-0.04-0.01-0.27-0.05-0.020.01-0.07-0.26-0.070.260.14-0.240.490.040.06-0.440.260.14-0.29
0.720.73-0.610.680.890.310.680.850.740.640.870.830.530.310.540.26-0.320.17-0.180.720.260.240.960.61-0.66
0.120.16-0.210.22-0.020.60.23-0.46-0.330.16-0.410.03-0.060.05-0.040.14-0.32-0.120.130.05-0.230.13-0.06-0.840.71
0.60.52-0.530.460.31-0.270.460.510.610.640.510.350.860.80.83-0.240.17-0.12-0.290.640.70.430.110.23-0.33
-0.24-0.240.29-0.21-0.12-0.07-0.18-0.23-0.4-0.21-0.26-0.26-0.22-0.28-0.150.49-0.180.13-0.29-0.22-0.39-0.88-0.13-0.2-0.16
0.960.94-0.90.910.840.270.910.80.850.950.830.840.910.730.90.040.720.050.64-0.220.430.470.770.2-0.38
0.40.34-0.320.280.24-0.190.270.420.430.410.420.290.590.40.540.060.26-0.230.7-0.390.430.310.180.37-0.32
0.530.54-0.580.50.330.180.480.350.560.520.390.430.440.590.37-0.440.240.130.43-0.880.470.310.270.050.18
0.790.82-0.730.810.910.50.810.770.70.730.80.90.540.310.560.260.96-0.060.11-0.130.770.180.270.35-0.45
0.160.130.010.00.37-0.370.00.630.440.090.590.220.250.140.230.140.61-0.840.23-0.20.20.370.050.35-0.87
-0.35-0.320.15-0.2-0.540.37-0.2-0.75-0.51-0.3-0.7-0.3-0.44-0.31-0.47-0.29-0.660.71-0.33-0.16-0.38-0.320.18-0.45-0.87
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Vmoto Account Relationship Matchups

Vmoto fundamental ratios Accounts

201920202021202220232024 (projected)
Total Assets25.3M41.6M63.3M81.0M96.3M101.1M
Total Stockholder Equity17.0M33.2M46.1M58.7M79.6M83.6M
Net Debt(4.0M)(14.5M)(18.2M)(27.8M)(37.2M)(35.4M)
Cash6.6M15.0M18.6M28.0M42.5M44.7M
Non Current Assets Total8.1M12.9M13.5M12.1M23.4M24.6M
Non Currrent Assets Other(8.1M)(12.9M)(13.5M)(12.1M)2.3M2.4M
Cash And Short Term Investments6.6M15.0M18.6M28.0M42.5M44.7M
Common Stock Total Equity72.4M74.8M75.4M89.9M103.4M108.5M
Common Stock Shares Outstanding226.6M252.7M285.2M299.1M313.4M329.1M
Liabilities And Stockholders Equity25.3M41.6M63.3M81.0M96.3M101.1M
Total Current Assets17.2M28.6M49.8M68.9M72.9M76.6M
Common Stock75.4M89.8M90.6M91.9M109.8M115.3M
Other Current Liab4.4M1.7M2.1M5.1M9.0M9.4M
Total Current Liabilities7.8M8.0M17.0M22.3M15.9M16.7M
Net Receivables2.1M8.7M14.8M17.5M9.2M9.7M
Total Liab8.3M8.4M17.3M22.4M16.8M17.7M
Intangible Assets595.5K446.7K297.8K0.02.8M2.3M
Property Plant And Equipment Net7.8M7.0M6.3M6.2M12.7M13.3M
Retained Earnings(57.7M)(53.9M)(45.8M)(35.6M)(28.3M)(29.7M)
Accounts Payable1.2M1.6M4.1M7.4M2.6M1.9M
Non Current Liabilities Total510.8K402.2K282.8K164.9K923K1.3M
Inventory4.4M4.5M12.5M13.5M16.1M17.0M
Other Current Assets4.0M437.7K3.8M9.9M5.0M2.7M
Other Stockholder Equity(721.0K)(20.7K)1.0475.1K(1.0)(0.95)
Property Plant And Equipment Gross7.8M7.0M6.3M6.2M18.9M19.8M
Accumulated Other Comprehensive Income(721.0K)(2.7M)1.4M2.3M(1.9M)(1.8M)
Property Plant Equipment7.8M7.0M6.3M6.2M7.1M5.3M
Short Long Term Debt Total2.7M509.6K393.3K275.1K5.3M5.6M
Current Deferred Revenue(4.4M)4.2M10.7M9.7M6.2M6.6M
Short Term Debt2.1M107.4K110.5K110.3K4.4M4.6M
Net Tangible Assets16.7M33.2M46.1M58.7M67.5M70.8M
Short Long Term Debt2.0M1.2M2.0M4.1M3.7M2.4M
Long Term Debt Total510.8K402.2K282.8K164.9K189.6K213.8K
Net Invested Capital19.0M33.2M46.1M58.7M83.7M42.8M
Net Working Capital9.4M20.7M32.8M46.6M57.0M59.9M

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