Virtus Total Current Assets vs Net Debt 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 Total Current Assets and its Net Debt 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.

Total Current Assets vs Net Debt

Total Current Assets vs Net Debt Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Virtus Investment Total Current Assets account and Net Debt. At this time, the significance of the direction appears to have fragmental relationship.
The correlation between Virtus Investment's Total Current Assets and Net Debt is 0.44. Overlapping area represents the amount of variation of Total Current Assets that can explain the historical movement of Net Debt 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 Total Current Assets and Net Debt 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 Assets of Virtus Investment Partners, are associated (or correlated) with its Net Debt. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Net Debt has no effect on the direction of Total Current Assets i.e., Virtus Investment's Total Current Assets and Net Debt go up and down completely randomly.

Correlation Coefficient

0.44
Relationship DirectionPositive 
Relationship StrengthWeak

Total Current Assets

The total value of all assets that are expected to be converted into cash within one year or during the normal operating cycle.

Net Debt

The total debt of a company minus its cash and cash equivalents. It represents the actual debt burden on the company after accounting for the liquid assets it holds.
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
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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

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