VNT Stock | | | USD 38.84 0.52 1.36% |
Vontier Corp financial indicator trend analysis is much more than just breaking down Vontier Corp prevalent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Vontier Corp is a good investment. Please check the relationship between Vontier Corp Tax Provision and its Total Revenue accounts. Check out
World Market Map to better understand how to build diversified portfolios, which includes a position in Vontier 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.
For more information on how to buy Vontier Stock please use our
How to Invest in Vontier Corp guide.
Tax Provision vs Total Revenue
Tax Provision vs Total Revenue Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of
Vontier Corp Tax Provision account and
Total Revenue. At this time, the significance of the direction appears to have strong contrarian relationship.
The correlation between Vontier Corp's Tax Provision and Total Revenue is -0.62. Overlapping area represents the amount of variation of Tax Provision that can explain the historical movement of Total Revenue in the same time period over historical financial statements of Vontier Corp, assuming nothing else is changed. The correlation between historical values of Vontier Corp's Tax Provision 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 Tax Provision of Vontier Corp 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 Tax Provision i.e., Vontier Corp's Tax Provision and Total Revenue go up and down completely randomly.
Correlation Coefficient | -0.62 |
Relationship Direction | Negative |
Relationship Strength | Weak |
Tax Provision
The amount set aside by a company to cover any estimated taxes for the current period. It reflects the company's expected tax liabilities.
Total Revenue
Total revenue comprises all receipts Vontier Corp 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 Vontier Corp's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Vontier 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 Vontier 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.
For more information on how to buy Vontier Stock please use our
How to Invest in Vontier Corp guide.At this time, Vontier Corp's
Enterprise Value Over EBITDA is comparatively stable compared to the past year.
Enterprise Value Multiple is likely to gain to 10.98 in 2024, whereas Tax Provision is likely to drop slightly above 106.5
M in 2024.
| 2021 | 2022 | 2023 | 2024 (projected) |
Gross Profit | 1.3B | 1.4B | 1.4B | 1.3B | Total Revenue | 3.0B | 3.2B | 3.1B | 3.0B |
Vontier Corp fundamental ratios Correlations
Click cells to compare fundamentals
Vontier Corp Account Relationship Matchups
High Positive Relationship
High Negative Relationship
Vontier Corp fundamental ratios Accounts
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Additional Tools for Vontier Stock Analysis
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predict the probability of Vontier Corp's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Vontier Corp's price. Additionally, you may evaluate how the addition of Vontier Corp to your portfolios can decrease your overall portfolio volatility.