Vista Extraordinary Items vs Total Other Income Expense Net Analysis

VSTO Stock  USD 44.25  0.10  0.23%   
Vista Outdoor financial indicator trend analysis is much more than just breaking down Vista Outdoor prevalent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Vista Outdoor is a good investment. Please check the relationship between Vista Outdoor Extraordinary Items and its Total Other Income Expense Net accounts. Check out World Market Map to better understand how to build diversified portfolios, which includes a position in Vista Outdoor. 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.
To learn how to invest in Vista Stock, please use our How to Invest in Vista Outdoor guide.

Extraordinary Items vs Total Other Income Expense Net

Extraordinary Items vs Total Other Income Expense Net Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Vista Outdoor Extraordinary Items account and Total Other Income Expense Net. At this time, the significance of the direction appears to have very week relationship.
The correlation between Vista Outdoor's Extraordinary Items and Total Other Income Expense Net is 0.29. Overlapping area represents the amount of variation of Extraordinary Items that can explain the historical movement of Total Other Income Expense Net in the same time period over historical financial statements of Vista Outdoor, assuming nothing else is changed. The correlation between historical values of Vista Outdoor's Extraordinary Items and Total Other Income Expense Net is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Extraordinary Items of Vista Outdoor are associated (or correlated) with its Total Other Income Expense Net. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Total Other Income Expense Net has no effect on the direction of Extraordinary Items i.e., Vista Outdoor's Extraordinary Items and Total Other Income Expense Net go up and down completely randomly.

Correlation Coefficient

0.29
Relationship DirectionPositive 
Relationship StrengthVery Weak

Extraordinary Items

Total Other Income Expense Net

Most indicators from Vista Outdoor's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Vista Outdoor 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 Vista Outdoor. 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.
To learn how to invest in Vista Stock, please use our How to Invest in Vista Outdoor guide.As of the 22nd of November 2024, Enterprise Value is likely to grow to about 2.5 B, while Selling General Administrative is likely to drop about 307.1 M.
 2021 2022 2023 2024 (projected)
Interest Expense25.3M59.3M62.9M36.5M
Depreciation And Amortization72.3M92.1M99.3M75.4M

Vista Outdoor fundamental ratios Correlations

-0.43-0.37-0.58-0.03-0.46-0.73-0.58-0.070.03-0.2-0.58-0.20.03-0.570.06-0.53-0.53-0.57-0.59-0.55-0.78-0.59-0.470.63-0.64
-0.43-0.120.840.840.750.690.760.530.380.960.460.410.380.90.80.90.760.650.750.910.390.910.98-0.520.74
-0.37-0.120.3-0.51-0.190.440.360.17-0.28-0.250.550.37-0.28-0.06-0.530.180.430.5-0.020.20.320.12-0.04-0.030.27
-0.580.840.30.590.560.860.750.620.350.710.630.540.350.760.430.80.920.890.690.850.530.930.84-0.570.82
-0.030.84-0.510.590.630.360.320.420.550.870.170.220.550.690.850.530.510.370.610.550.130.70.76-0.450.46
-0.460.75-0.190.560.630.580.60.080.180.720.410.250.180.880.580.690.540.420.720.680.30.70.74-0.710.66
-0.730.690.440.860.360.580.780.330.190.540.840.620.190.760.160.760.870.880.750.80.620.850.74-0.720.88
-0.580.760.360.750.320.60.780.34-0.140.710.640.53-0.140.730.450.950.750.730.50.940.410.710.83-0.330.72
-0.070.530.170.620.420.080.330.340.430.490.370.030.430.330.420.450.560.410.20.490.40.50.50.080.42
0.030.38-0.280.350.550.180.19-0.140.430.31-0.040.111.00.340.280.140.190.090.570.180.030.490.29-0.40.25
-0.20.96-0.250.710.870.720.540.710.490.310.340.390.310.810.910.850.660.540.610.850.190.780.94-0.350.59
-0.580.460.550.630.170.410.840.640.37-0.040.340.4-0.040.590.00.570.740.720.540.590.650.610.51-0.520.78
-0.20.410.370.540.220.250.620.530.030.110.390.40.110.40.150.510.580.70.420.53-0.160.50.41-0.370.46
0.030.38-0.280.350.550.180.19-0.140.431.00.31-0.040.110.340.280.140.190.090.570.180.030.490.29-0.40.25
-0.570.9-0.060.760.690.880.760.730.330.340.810.590.40.340.620.850.680.560.880.860.410.910.86-0.730.87
0.060.8-0.530.430.850.580.160.450.420.280.910.00.150.280.620.630.350.20.380.62-0.040.520.74-0.090.3
-0.530.90.180.80.530.690.760.950.450.140.850.570.510.140.850.630.750.680.661.00.380.840.92-0.410.76
-0.530.760.430.920.510.540.870.750.560.190.660.740.580.190.680.350.750.920.580.80.560.830.79-0.520.77
-0.570.650.50.890.370.420.880.730.410.090.540.720.70.090.560.20.680.920.540.730.510.740.71-0.510.68
-0.590.75-0.020.690.610.720.750.50.20.570.610.540.420.570.880.380.660.580.540.680.410.880.71-0.880.75
-0.550.910.20.850.550.680.80.940.490.180.850.590.530.180.860.621.00.80.730.680.410.870.93-0.440.79
-0.780.390.320.530.130.30.620.410.40.030.190.65-0.160.030.41-0.040.380.560.510.410.410.490.46-0.430.53
-0.590.910.120.930.70.70.850.710.50.490.780.610.50.490.910.520.840.830.740.880.870.490.88-0.720.88
-0.470.98-0.040.840.760.740.740.830.50.290.940.510.410.290.860.740.920.790.710.710.930.460.88-0.490.71
0.63-0.52-0.03-0.57-0.45-0.71-0.72-0.330.08-0.4-0.35-0.52-0.37-0.4-0.73-0.09-0.41-0.52-0.51-0.88-0.44-0.43-0.72-0.49-0.69
-0.640.740.270.820.460.660.880.720.420.250.590.780.460.250.870.30.760.770.680.750.790.530.880.71-0.69
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Vista Outdoor Account Relationship Matchups

Vista Outdoor fundamental ratios Accounts

201920202021202220232024 (projected)
Common Stock Shares Outstanding57.8M59.9M59.1M56.6M57.9M48.3M
Total Assets1.4B1.8B2.4B2.8B2.4B2.5B
Other Current Liab156.7M173.8M194.5M190.7M171.7M137.7M
Total Current Liabilities246.7M370.8M393.9M453.9M385.3M374.1M
Total Stockholder Equity442.5M737.0M1.1B1.1B1.1B822.8M
Other Liab116.5M84.2M131.7M123.5M142.0M143.3M
Property Plant And Equipment Net253.8M269.9M289.3M335.1M308.9M268.5M
Net Debt554.2M329.7M723.6M1.1B777.3M704.2M
Accounts Payable90.0M163.8M146.7M136.6M163.4M148.2M
Cash31.4M243.3M22.6M86.2M60.3M66.0M
Non Current Assets Total682.3M700.7M1.3B1.6B1.3B1.0B
Non Currrent Assets Other39.3M29.7M54.3M28.1M59.6M30.6M
Other Assets39.3M29.7M54.3M68.8M1.00.95
Cash And Short Term Investments31.4M243.3M22.6M86.2M60.3M66.0M
Net Receivables321.1M339.4M400.3M339.4M365.0M389.9M
Good Will83.2M86.1M481.9M465.7M318.3M396.4M
Liabilities And Stockholders Equity1.4B1.8B2.4B2.8B2.4B2.5B
Non Current Liabilities Total702.1M657.1M877.9M1.2B890.8M955.7M
Inventory331.3M454.5M643.0M709.9M610.0M505.7M
Other Current Assets25.2M27.0M45.1M60.6M39.8M32.2M
Other Stockholder Equity1.5B1.5B1.4B1.4B1.4B1.5B
Total Liab948.8M1.0B1.3B1.7B1.3B1.3B
Property Plant And Equipment Gross253.8M269.9M289.3M335.1M760.8M798.8M
Total Current Assets709.0M1.1B1.1B1.2B1.1B1.1B
Accumulated Other Comprehensive Income(101.0M)(83.2M)(76.7M)(80.8M)(74.3M)(78.1M)
Intangible Assets306.1M315.0M459.8M733.2M627.6M544.0M
Common Stock581K585K560K570K582K552.9K
Property Plant Equipment184.7M269.9M289.3M228.2M262.5M244.4M
Short Long Term Debt Total585.5M572.9M746.2M1.2B837.6M867.1M
Net Tangible Assets53.2M336.0M182.7M(67.1M)(77.2M)(73.3M)
Retained Earnings(960.0M)(694.0M)(220.8M)(230.5M)(236.0M)(247.8M)
Long Term Debt511.8M495.6M666.1M984.7M717.2M584.2M
Deferred Long Term Liab12.8M8.7M54.3M40.7M36.7M56.2M
Short Term Debt10.8M10.0M11.8M81.4M14.7M13.9M
Current Deferred Revenue18.9M(10.8M)(10.0M)(11.8M)(10.6M)(10.1M)
Common Stock Total Equity580K585K560K570K513K467.9K
Retained Earnings Total Equity(960.0M)(694.0M)(220.8M)(230.5M)(207.5M)(217.8M)
Long Term Debt Total511.8M495.6M666.1M984.7M1.1B770.1M

Pair Trading with Vista Outdoor

One of the main advantages of trading using pair correlations is that every trade hedges away some risk. Because there are two separate transactions required, even if Vista Outdoor position performs unexpectedly, the other equity can make up some of the losses. Pair trading also minimizes risk from directional movements in the market. For example, if an entire industry or sector drops because of unexpected headlines, the short position in Vista Outdoor will appreciate offsetting losses from the drop in the long position's value.

Moving together with Vista Stock

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  0.83RL Ralph Lauren CorpPairCorr
  0.88DOGZ Dogness InternationalPairCorr

Moving against Vista Stock

  0.87FEBO Fenbo HoldingsPairCorr
  0.77DOOO BRP Inc Earnings Call This WeekPairCorr
  0.68EZGO EZGO TechnologiesPairCorr
  0.61CCS Century CommunitiesPairCorr
  0.57VMAR Vision Marine Techno Fiscal Year End 25th of November 2024 PairCorr
The ability to find closely correlated positions to Vista Outdoor could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Vista Outdoor when you sell it. If you don't do this, your portfolio allocation will be skewed against your target asset allocation. So, investors can't just sell and buy back Vista Outdoor - that would be a violation of the tax code under the "wash sale" rule, and this is why you need to find a similar enough asset and use the proceeds from selling Vista Outdoor to buy it.
The correlation of Vista Outdoor is a statistical measure of how it moves in relation to other instruments. This measure is expressed in what is known as the correlation coefficient, which ranges between -1 and +1. A perfect positive correlation (i.e., a correlation coefficient of +1) implies that as Vista Outdoor moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Vista Outdoor moves in either direction, the perfectly negatively correlated security will move in the opposite direction. If the correlation is 0, the equities are not correlated; they are entirely random. A correlation greater than 0.8 is generally described as strong, whereas a correlation less than 0.5 is generally considered weak.
Correlation analysis and pair trading evaluation for Vista Outdoor can also be used as hedging techniques within a particular sector or industry or even over random equities to generate a better risk-adjusted return on your portfolios.
Pair CorrelationCorrelation Matching
When determining whether Vista Outdoor offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of Vista Outdoor's financial statements, including income statements, balance sheets, and cash flow statements, to assess its financial health. Key financial ratios are used to gauge profitability, efficiency, and growth potential of Vista Outdoor Stock. Outlined below are crucial reports that will aid in making a well-informed decision on Vista Outdoor Stock:
Check out World Market Map to better understand how to build diversified portfolios, which includes a position in Vista Outdoor. 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.
To learn how to invest in Vista Stock, please use our How to Invest in Vista Outdoor guide.
You can also try the Portfolio Analyzer module to portfolio analysis module that provides access to portfolio diagnostics and optimization engine.
Is Leisure Products space expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of Vista Outdoor. If investors know Vista will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about Vista Outdoor listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Quarterly Earnings Growth
(0.07)
Earnings Share
(0.19)
Revenue Per Share
46.113
Quarterly Revenue Growth
(0.02)
Return On Assets
0.0643
The market value of Vista Outdoor is measured differently than its book value, which is the value of Vista that is recorded on the company's balance sheet. Investors also form their own opinion of Vista Outdoor's value that differs from its market value or its book value, called intrinsic value, which is Vista Outdoor's true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because Vista Outdoor's market value can be influenced by many factors that don't directly affect Vista Outdoor's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between Vista Outdoor's value and its price as these two are different measures arrived at by different means. Investors typically determine if Vista Outdoor is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Vista Outdoor's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.