VOXX Total Current Liabilities vs Cash And Short Term Investments Analysis
VOXX Stock | USD 7.64 0.20 2.69% |
VOXX International financial indicator trend analysis is much more than just breaking down VOXX International prevalent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether VOXX International is a good investment. Please check the relationship between VOXX International Total Current Liabilities and its Cash And Short Term Investments accounts. Check out World Market Map to better understand how to build diversified portfolios, which includes a position in VOXX International. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in interest. For more information on how to buy VOXX Stock please use our How to Invest in VOXX International guide.
Total Current Liabilities vs Cash And Short Term Investments
Total Current Liabilities vs Cash And Short Term Investments Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of VOXX International Total Current Liabilities account and Cash And Short Term Investments. At this time, the significance of the direction appears to have no relationship.
The correlation between VOXX International's Total Current Liabilities and Cash And Short Term Investments is 0.03. Overlapping area represents the amount of variation of Total Current Liabilities that can explain the historical movement of Cash And Short Term Investments in the same time period over historical financial statements of VOXX International, assuming nothing else is changed. The correlation between historical values of VOXX International's Total Current Liabilities and Cash And Short Term Investments 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 Current Liabilities of VOXX International are associated (or correlated) with its Cash And Short Term Investments. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Cash And Short Term Investments has no effect on the direction of Total Current Liabilities i.e., VOXX International's Total Current Liabilities and Cash And Short Term Investments go up and down completely randomly.
Correlation Coefficient | 0.03 |
Relationship Direction | Positive |
Relationship Strength | Insignificant |
Total Current Liabilities
Total Current Liabilities is an item on VOXX International balance sheet that include short term debt, accounts payable, accrued salaries payable, payroll taxes payable, accrued liabilities and other debts. Total Current Liabilities of VOXX International 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.Cash And Short Term Investments
Short Term Investments is an account in the current assets section of VOXX International balance sheet. This account contains VOXX International investments that will expire within one year. These investments include stocks and bonds that can be liquidated by VOXX International fairly quickly. The sum of a company's cash on hand, including bank deposits and short-term, highly liquid investments that are easily convertible to known amounts of cash.Most indicators from VOXX International's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into VOXX International 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 VOXX International. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in interest. For more information on how to buy VOXX Stock please use our How to Invest in VOXX International guide.Enterprise Value is likely to rise to about 312.3 M in 2024, whereas Selling General Administrative is likely to drop slightly above 67.9 M in 2024.
2021 | 2022 | 2023 | 2024 (projected) | Gross Profit | 169.5M | 134.3M | 114.0M | 129.0M | Total Revenue | 635.9M | 534.0M | 468.9M | 687.5M |
VOXX International fundamental ratios Correlations
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VOXX International Account Relationship Matchups
High Positive Relationship
High Negative Relationship
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When running VOXX International's price analysis, check to measure VOXX International'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 VOXX International is operating at the current time. Most of VOXX International's value examination focuses on studying past and present price action to predict the probability of VOXX International's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move VOXX International's price. Additionally, you may evaluate how the addition of VOXX International to your portfolios can decrease your overall portfolio volatility.