Vestis Gross Profit vs Total Revenue Analysis

VSTS Stock   15.62  2.31  17.36%   
Vestis financial indicator trend analysis is much more than just breaking down Vestis prevalent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Vestis is a good investment. Please check the relationship between Vestis Gross Profit and its Total Revenue accounts. Check out World Market Map to better understand how to build diversified portfolios, which includes a position in Vestis. 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.
For more information on how to buy Vestis Stock please use our How to Invest in Vestis guide.

Gross Profit vs Total Revenue

Gross Profit vs Total Revenue Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Vestis Gross Profit account and Total Revenue. At this time, the significance of the direction appears to have totally related.
The correlation between Vestis' Gross Profit and Total Revenue is 0.99. Overlapping area represents the amount of variation of Gross Profit that can explain the historical movement of Total Revenue in the same time period over historical financial statements of Vestis, assuming nothing else is changed. The correlation between historical values of Vestis' Gross Profit 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 Gross Profit of Vestis 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 Gross Profit i.e., Vestis' Gross Profit and Total Revenue go up and down completely randomly.

Correlation Coefficient

0.99
Relationship DirectionPositive 
Relationship StrengthVery Strong

Gross Profit

Gross profit is a required income statement account that reflects total revenue of Vestis minus its cost of goods sold. It is profit before Vestis operating expenses, interest payments and taxes. Gross profit is also known as gross margin. The profit a company makes after deducting the costs associated with making and selling its products, or the costs associated with providing its services.

Total Revenue

Total revenue comprises all receipts Vestis 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 Vestis' fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Vestis 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 Vestis. 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.
For more information on how to buy Vestis Stock please use our How to Invest in Vestis guide.Enterprise Value is likely to gain to about 2.7 B in 2024, whereas Tax Provision is likely to drop slightly above 37.1 M in 2024.
 2022 2023 2024 (projected)
Interest Expense10K9K8.6K
Depreciation And Amortization136.5M122.9M108.3M

Vestis fundamental ratios Correlations

-0.84-0.80.83-0.840.58-0.770.730.99-0.8-0.670.651.0-0.74-0.740.65-0.691.0-0.81-0.74-0.84-0.80.58-0.5-0.83-0.78
-0.840.85-0.850.98-0.780.98-0.8-0.870.850.64-0.58-0.860.960.96-0.580.89-0.840.850.960.990.92-0.780.781.00.97
-0.80.85-0.930.86-0.950.9-0.99-0.851.00.52-0.59-0.840.920.92-0.590.91-0.81.00.920.860.82-0.950.90.850.91
0.83-0.85-0.93-0.920.85-0.860.90.89-0.93-0.80.840.87-0.88-0.880.84-0.950.82-0.93-0.87-0.9-0.950.84-0.8-0.84-0.91
-0.840.980.86-0.92-0.790.96-0.81-0.880.860.76-0.72-0.870.950.95-0.720.94-0.830.860.951.00.98-0.790.780.970.98
0.58-0.78-0.950.85-0.79-0.880.970.66-0.95-0.40.480.64-0.91-0.910.48-0.910.58-0.94-0.92-0.8-0.751.0-0.99-0.78-0.89
-0.770.980.9-0.860.96-0.88-0.87-0.810.90.56-0.52-0.811.01.0-0.520.92-0.770.91.00.970.89-0.880.880.980.99
0.73-0.8-0.990.9-0.810.97-0.870.79-0.99-0.470.550.78-0.9-0.90.55-0.90.73-0.99-0.9-0.82-0.780.97-0.92-0.8-0.88
0.99-0.87-0.850.89-0.880.66-0.810.79-0.85-0.710.711.0-0.8-0.80.71-0.770.99-0.86-0.79-0.88-0.860.66-0.58-0.86-0.83
-0.80.851.0-0.930.86-0.950.9-0.99-0.850.53-0.59-0.840.920.92-0.590.91-0.81.00.920.870.82-0.950.90.850.91
-0.670.640.52-0.80.76-0.40.56-0.47-0.710.53-0.97-0.680.560.56-0.970.72-0.640.530.550.720.87-0.40.380.610.65
0.65-0.58-0.590.84-0.720.48-0.520.550.71-0.59-0.970.67-0.55-0.551.0-0.740.62-0.59-0.53-0.67-0.850.47-0.43-0.55-0.63
1.0-0.86-0.840.87-0.870.64-0.810.781.0-0.84-0.680.67-0.79-0.790.67-0.741.0-0.85-0.78-0.87-0.840.64-0.56-0.86-0.82
-0.740.960.92-0.880.95-0.911.0-0.9-0.80.920.56-0.55-0.791.0-0.550.95-0.740.921.00.970.89-0.910.920.960.99
-0.740.960.92-0.880.95-0.911.0-0.9-0.80.920.56-0.55-0.791.0-0.550.95-0.740.921.00.970.89-0.910.920.960.99
0.65-0.58-0.590.84-0.720.48-0.520.550.71-0.59-0.971.00.67-0.55-0.55-0.740.62-0.59-0.53-0.67-0.850.47-0.43-0.55-0.63
-0.690.890.91-0.950.94-0.910.92-0.9-0.770.910.72-0.74-0.740.950.95-0.74-0.680.910.940.930.95-0.910.910.880.96
1.0-0.84-0.80.82-0.830.58-0.770.730.99-0.8-0.640.621.0-0.74-0.740.62-0.68-0.81-0.74-0.83-0.790.58-0.5-0.84-0.77
-0.810.851.0-0.930.86-0.940.9-0.99-0.861.00.53-0.59-0.850.920.92-0.590.91-0.810.920.870.83-0.940.890.850.91
-0.740.960.92-0.870.95-0.921.0-0.9-0.790.920.55-0.53-0.781.01.0-0.530.94-0.740.920.960.89-0.920.920.960.99
-0.840.990.86-0.91.0-0.80.97-0.82-0.880.870.72-0.67-0.870.970.97-0.670.93-0.830.870.960.96-0.80.790.990.98
-0.80.920.82-0.950.98-0.750.89-0.78-0.860.820.87-0.85-0.840.890.89-0.850.95-0.790.830.890.96-0.750.740.90.94
0.58-0.78-0.950.84-0.791.0-0.880.970.66-0.95-0.40.470.64-0.91-0.910.47-0.910.58-0.94-0.92-0.8-0.75-0.99-0.78-0.89
-0.50.780.9-0.80.78-0.990.88-0.92-0.580.90.38-0.43-0.560.920.92-0.430.91-0.50.890.920.790.74-0.990.780.89
-0.831.00.85-0.840.97-0.780.98-0.8-0.860.850.61-0.55-0.860.960.96-0.550.88-0.840.850.960.990.9-0.780.780.97
-0.780.970.91-0.910.98-0.890.99-0.88-0.830.910.65-0.63-0.820.990.99-0.630.96-0.770.910.990.980.94-0.890.890.97
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Vestis Account Relationship Matchups

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Additional Tools for Vestis Stock Analysis

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