Virtus Net Income From Continuing Ops vs Total Operating Expenses Analysis

VRTS Stock  USD 239.40  4.92  2.10%   
Virtus Investment financial indicator trend analysis is much more than just breaking down Virtus Investment prevalent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Virtus Investment is a good investment. Please check the relationship between Virtus Investment Net Income From Continuing Ops and its Total Operating Expenses accounts. Check out World Market Map to better understand how to build diversified portfolios, which includes a position in Virtus Investment Partners,. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in estimate.

Net Income From Continuing Ops vs Total Operating Expenses

Net Income From Continuing Ops vs Total Operating Expenses Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Virtus Investment Net Income From Continuing Ops account and Total Operating Expenses. At this time, the significance of the direction appears to have strong relationship.
The correlation between Virtus Investment's Net Income From Continuing Ops and Total Operating Expenses is 0.68. Overlapping area represents the amount of variation of Net Income From Continuing Ops that can explain the historical movement of Total Operating Expenses in the same time period over historical financial statements of Virtus Investment Partners,, assuming nothing else is changed. The correlation between historical values of Virtus Investment's Net Income From Continuing Ops and Total Operating Expenses is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Net Income From Continuing Ops of Virtus Investment Partners, are associated (or correlated) with its Total Operating Expenses. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Total Operating Expenses has no effect on the direction of Net Income From Continuing Ops i.e., Virtus Investment's Net Income From Continuing Ops and Total Operating Expenses go up and down completely randomly.

Correlation Coefficient

0.68
Relationship DirectionPositive 
Relationship StrengthSignificant

Net Income From Continuing Ops

Total Operating Expenses

The total costs associated with the day-to-day operations of a business, excluding the cost of goods sold but including selling, general, and administrative expenses.
Most indicators from Virtus Investment's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Virtus Investment 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 Virtus Investment Partners,. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in estimate.
At this time, Virtus Investment's Tax Provision is comparatively stable compared to the past year. Sales General And Administrative To Revenue is likely to gain to 0.11 in 2024, whereas Selling General Administrative is likely to drop slightly above 70.2 M in 2024.
 2021 2022 2023 2024 (projected)
Interest Expense69.6M93.4M23.4M31.0M
Depreciation And Amortization50.8M64.2M68.4M71.9M

Virtus Investment fundamental ratios Correlations

0.89-0.240.520.820.830.980.890.990.890.330.870.91-0.13-0.28-0.320.99-0.25-0.151.00.880.570.97-0.130.780.7
0.89-0.120.430.720.670.920.790.90.630.260.740.82-0.12-0.26-0.420.89-0.24-0.10.890.760.410.79-0.120.610.67
-0.24-0.12-0.04-0.25-0.15-0.2-0.16-0.21-0.4-0.08-0.25-0.240.00.06-0.03-0.25-0.110.16-0.24-0.27-0.39-0.230.0-0.28-0.34
0.520.43-0.040.490.480.560.470.530.290.230.420.54-0.18-0.25-0.10.43-0.40.00.530.20.30.5-0.180.22-0.04
0.820.72-0.250.490.590.750.870.780.690.720.920.77-0.3-0.440.050.78-0.150.130.790.670.850.76-0.280.560.49
0.830.67-0.150.480.590.810.720.850.840.150.590.78-0.03-0.12-0.170.81-0.19-0.220.820.870.270.83-0.020.780.73
0.980.92-0.20.560.750.810.820.990.830.190.810.92-0.1-0.25-0.410.98-0.36-0.210.990.830.440.95-0.090.750.69
0.890.79-0.160.470.870.720.820.860.780.590.850.75-0.27-0.4-0.170.86-0.080.150.860.790.720.84-0.260.620.6
0.990.9-0.210.530.780.850.990.860.880.240.840.92-0.1-0.24-0.380.99-0.3-0.21.00.880.480.97-0.090.790.71
0.890.63-0.40.290.690.840.830.780.880.220.770.79-0.07-0.19-0.230.9-0.11-0.230.880.910.510.92-0.060.840.76
0.330.26-0.080.230.720.150.190.590.240.220.480.16-0.46-0.520.590.240.180.570.250.230.870.21-0.460.080.11
0.870.74-0.250.420.920.590.810.850.840.770.480.87-0.16-0.32-0.260.85-0.12-0.090.850.760.750.86-0.140.670.48
0.910.82-0.240.540.770.780.920.750.920.790.160.870.13-0.02-0.460.91-0.26-0.430.920.80.440.910.150.830.58
-0.13-0.120.0-0.18-0.3-0.03-0.1-0.27-0.1-0.07-0.46-0.160.130.98-0.31-0.090.05-0.84-0.11-0.03-0.36-0.071.00.41-0.08
-0.28-0.260.06-0.25-0.44-0.12-0.25-0.4-0.24-0.19-0.52-0.32-0.020.98-0.25-0.240.1-0.78-0.25-0.15-0.46-0.210.980.28-0.18
-0.32-0.42-0.03-0.10.05-0.17-0.41-0.17-0.38-0.230.59-0.26-0.46-0.31-0.25-0.390.130.5-0.38-0.290.29-0.39-0.31-0.31-0.17
0.990.89-0.250.430.780.810.980.860.990.90.240.850.91-0.09-0.24-0.39-0.25-0.210.990.90.510.97-0.080.80.74
-0.25-0.24-0.11-0.4-0.15-0.19-0.36-0.08-0.3-0.110.18-0.12-0.260.050.10.13-0.250.04-0.290.050.15-0.30.050.0-0.15
-0.15-0.10.160.00.13-0.22-0.210.15-0.2-0.230.57-0.09-0.43-0.84-0.780.5-0.210.04-0.19-0.220.32-0.22-0.85-0.61-0.11
1.00.89-0.240.530.790.820.990.861.00.880.250.850.92-0.11-0.25-0.380.99-0.29-0.190.870.510.97-0.10.780.69
0.880.76-0.270.20.670.870.830.790.880.910.230.760.8-0.03-0.15-0.290.90.05-0.220.870.470.87-0.020.860.79
0.570.41-0.390.30.850.270.440.720.480.510.870.750.44-0.36-0.460.290.510.150.320.510.470.51-0.350.360.21
0.970.79-0.230.50.760.830.950.840.970.920.210.860.91-0.07-0.21-0.390.97-0.3-0.220.970.870.51-0.060.80.65
-0.13-0.120.0-0.18-0.28-0.02-0.09-0.26-0.09-0.06-0.46-0.140.151.00.98-0.31-0.080.05-0.85-0.1-0.02-0.35-0.060.42-0.07
0.780.61-0.280.220.560.780.750.620.790.840.080.670.830.410.28-0.310.80.0-0.610.780.860.360.80.420.63
0.70.67-0.34-0.040.490.730.690.60.710.760.110.480.58-0.08-0.18-0.170.74-0.15-0.110.690.790.210.65-0.070.63
Click cells to compare fundamentals

Virtus Investment Account Relationship Matchups

Virtus Investment fundamental ratios Accounts

201920202021202220232024 (projected)
Total Assets3.2B3.5B3.9B4.0B3.7B3.9B
Short Long Term Debt Total2.4B4.6B2.3B2.3B2.2B2.3B
Other Current Liab278.3M54.8M199.9M(1.8B)107.8M113.2M
Total Current Liabilities579.5M80.2M248.4M279.9M146.6M149.0M
Total Stockholder Equity675.7M711.1M828.3M817M863.9M454.8M
Property Plant And Equipment Net18.2M14.5M12.5M19.1M26.2M27.5M
Net Debt1.8B2.1B1.9B2.0B1.8B1.9B
Cash321.5M333.5M378.9M338.2M340.3M357.4M
Non Current Assets Total2.8B3.0B3.2B3.3B3.2B3.4B
Non Currrent Assets Other60.5M49.7M104.3M140.4M132.7M139.3M
Cash And Short Term Investments321.5M333.5M378.9M338.2M340.3M214.2M
Net Receivables74.1M84.5M123.9M99.3M109.1M56.2M
Common Stock Total Equity106K107K118K119K107.1K146.7K
Common Stock Shares Outstanding8.1M8.0M8.0M7.6M7.4M13.2M
Short Term Investments62.5M3K108.89100.3M115.4M68.8M
Liabilities And Stockholders Equity3.2B3.5B3.9B3.9B3.7B3.9B
Non Current Liabilities Total1.9B2.6B2.7B2.7B2.6B2.7B
Other Current Assets483K6.4M604.0K644K680K714K
Other Stockholder Equity780.0M846.3M767.2M687.0M656.5M780.7M
Total Liab2.5B2.6B3.0B3.0B2.7B2.8B
Property Plant And Equipment Gross18.2M37.4M36.3M40.8M48.8M51.3M
Total Current Assets396.1M424.3M710.0M688.5M450.1M296.9M
Accumulated Other Comprehensive Income9K29K20K(358K)(87K)(82.7K)
Intangible Assets310.4M280.3M500.6M442.5M432.1M453.7M
Common Stock107K118K119K120K122K142.0K
Retained Earnings(215.2M)(135.3M)61.0M130.3M207.4M217.7M
Short Term Debt277.8M2.2B2.0K2.1B2.4B2.5B
Accounts Payable23.3M25.4M48.5M33.2M38.8M20.8M
Other Liab2.0B2.2B2.4B2.5B2.8B3.0B
Other Assets64.1M2.6B3.9K2.5B2.9B3.0B
Long Term Debt2.1B2.4B2.3B2.3B2.2B2.3B
Property Plant Equipment18.2M14.5M12.5M83.6M96.2M101.0M
Inventory(16K)(3K)1.0250.9M288.6M303.0M
Treasury Stock(379.2M)(419.2M)(451.7M)(509.2M)(458.3M)(435.4M)
Noncontrolling Interest In Consolidated Entity14.0M10.6M9.8M8.4M9.6M6.2M
Retained Earnings Total Equity(310.9M)(215.2M)(135.3M)61.0M70.1M73.6M

Thematic Opportunities

Explore Investment Opportunities

Build portfolios using Macroaxis predefined set of investing ideas. Many of Macroaxis investing ideas can easily outperform a given market. Ideas can also be optimized per your risk profile before portfolio origination is invoked. Macroaxis thematic optimization helps investors identify companies most likely to benefit from changes or shifts in various micro-economic or local macro-level trends. Originating optimal thematic portfolios involves aligning investors' personal views, ideas, and beliefs with their actual investments.
Explore Investing Ideas  

Additional Tools for Virtus Stock Analysis

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