Vestis Long Term Debt vs Net Working Capital Analysis

VSTS Stock

16.02 0.40 2.56%

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 Long Term Debt and its Net Working Capital 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.

Long Term Debt vs Net Working Capital

Long Term Debt vs Net Working Capital Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Vestis Long Term Debt account and Net Working Capital. At this time, the significance of the direction appears to have pay attention.

The correlation between Vestis' Long Term Debt and Net Working Capital is -0.72. Overlapping area represents the amount of variation of Long Term Debt that can explain the historical movement of Net Working Capital in the same time period over historical financial statements of Vestis, assuming nothing else is changed. The correlation between historical values of Vestis' Long Term Debt and Net Working Capital is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Long Term Debt of Vestis are associated (or correlated) with its Net Working Capital. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Net Working Capital has no effect on the direction of Long Term Debt i.e., Vestis' Long Term Debt and Net Working Capital go up and down completely randomly.

Correlation Coefficient

-0.72

Relationship Direction	Negative
Relationship Strength	Weak

View All Relationships

Long Term Debt

Long-term debt is a debt that Vestis has held for over one year. Long-term debt appears on Vestis balance sheet and also includes long-term leases. The most common forms of long term debt are bonds payable, long-term notes payable, mortgage payable, pension liabilities, and lease liabilities. In the corporate world, long-term debt is generally used to fund big-ticket items, such as machinery, buildings, and land. The total of long-term debt reported on Vestis balance sheet is the sum of the balances of all categories of long-term debt. Debt that is not due within the current year and is often considered to be financing activities that are to be repaid over several years.

Net Working Capital

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.At this time, Vestis' Enterprise Value Over EBITDA is comparatively stable compared to the past year. Enterprise Value Multiple is likely to gain to 8.14 in 2024, whereas Tax Provision is likely to drop slightly above 37.1 M in 2024.

	2022	2023	2024 (projected)
Interest Expense	10K	126.6M	132.9M
Depreciation And Amortization	136.5M	140.8M	150.1M

Interest Expense Depreciation And Amortization

Vestis fundamental ratios Correlations

	Common Stock Shares Outstanding	Total Assets	Short Long Term Debt Total	Other Current Liab	Total Current Liabilities	Total Stockholder Equity	Other Liab	Net Tangible Assets	Property Plant And Equipment Net	Net Debt	Accounts Payable	Cash	Non Current Assets Total	Non Currrent Assets Other	Other Assets	Cash And Short Term Investments	Net Receivables	Good Will	Non Current Liabilities Total	Capital Lease Obligations	Inventory	Other Current Assets	Other Stockholder Equity	Total Liab	Net Invested Capital	Property Plant And Equipment Gross
Common Stock Shares Outstanding		-0.98	-0.06	0.33	0.66	-0.42	0.47	-0.55	0.96	-0.06	0.5	-0.49	-0.98	0.69	0.44	-0.49	-0.43	-0.99	0.33	0.43	-0.74	0.75	-0.43	0.35	0.54	0.47
Total Assets	-0.98		0.13	-0.46	-0.79	0.5	-0.62	0.61	-0.95	0.12	-0.63	0.58	0.96	-0.78	-0.58	0.58	0.6	0.96	-0.39	-0.58	0.86	-0.87	0.5	-0.41	-0.7	-0.62
Short Long Term Debt Total	-0.06	0.13		-0.58	0.05	-0.63	0.19	-0.58	-0.27	1.0	-0.08	-0.11	-0.03	0.34	0.26	-0.11	0.43	0.04	0.73	0.27	0.09	-0.06	-0.63	0.71	0.02	0.22
Other Current Liab	0.33	-0.46	-0.58		0.48	-0.13	0.55	-0.16	0.52	-0.58	0.18	0.07	-0.2	0.34	0.47	0.07	-0.95	-0.23	0.02	0.48	-0.67	0.63	-0.14	0.04	0.64	0.46
Total Current Liabilities	0.66	-0.79	0.05	0.48		-0.78	0.94	-0.82	0.59	0.06	0.85	-0.77	-0.69	0.94	0.93	-0.77	-0.72	-0.63	0.69	0.92	-0.96	0.97	-0.78	0.72	0.96	0.96
Total Stockholder Equity	-0.42	0.5	-0.63	-0.13	-0.78		-0.87	0.99	-0.27	-0.64	-0.51	0.54	0.48	-0.92	-0.9	0.54	0.38	0.4	-0.99	-0.91	0.7	-0.72	1.0	-0.99	-0.78	-0.88
Other Liab	0.47	-0.62	0.19	0.55	0.94	-0.87		-0.87	0.42	0.19	0.67	-0.57	-0.48	0.92	1.0	-0.57	-0.76	-0.42	0.8	1.0	-0.91	0.92	-0.87	0.82	0.98	0.99
Net Tangible Assets	-0.55	0.61	-0.58	-0.16	-0.82	0.99	-0.87		-0.41	-0.59	-0.55	0.58	0.6	-0.96	-0.9	0.58	0.41	0.53	-0.97	-0.9	0.76	-0.78	0.99	-0.97	-0.8	-0.88
Property Plant And Equipment Net	0.96	-0.95	-0.27	0.52	0.59	-0.27	0.42	-0.41		-0.27	0.39	-0.32	-0.9	0.58	0.37	-0.32	-0.56	-0.93	0.16	0.36	-0.73	0.72	-0.28	0.19	0.52	0.39
Net Debt	-0.06	0.12	1.0	-0.58	0.06	-0.64	0.19	-0.59	-0.27		-0.07	-0.13	-0.04	0.35	0.27	-0.13	0.43	0.04	0.74	0.28	0.08	-0.05	-0.64	0.72	0.02	0.23
Accounts Payable	0.5	-0.63	-0.08	0.18	0.85	-0.51	0.67	-0.55	0.39	-0.07		-0.96	-0.59	0.69	0.67	-0.96	-0.45	-0.53	0.43	0.66	-0.72	0.75	-0.51	0.46	0.72	0.75
Cash	-0.49	0.58	-0.11	0.07	-0.77	0.54	-0.57	0.58	-0.32	-0.13	-0.96		0.62	-0.67	-0.59	1.0	0.22	0.55	-0.49	-0.58	0.6	-0.64	0.53	-0.51	-0.6	-0.67
Non Current Assets Total	-0.98	0.96	-0.03	-0.2	-0.69	0.48	-0.48	0.6	-0.9	-0.04	-0.59	0.62		-0.73	-0.46	0.62	0.35	0.99	-0.4	-0.45	0.72	-0.74	0.48	-0.42	-0.54	-0.5
Non Currrent Assets Other	0.69	-0.78	0.34	0.34	0.94	-0.92	0.92	-0.96	0.58	0.35	0.69	-0.67	-0.73		0.93	-0.67	-0.58	-0.67	0.86	0.93	-0.9	0.91	-0.93	0.88	0.9	0.94
Other Assets	0.44	-0.58	0.26	0.47	0.93	-0.9	1.0	-0.9	0.37	0.27	0.67	-0.59	-0.46	0.93		-0.59	-0.7	-0.39	0.85	1.0	-0.88	0.89	-0.91	0.86	0.96	0.99
Cash And Short Term Investments	-0.49	0.58	-0.11	0.07	-0.77	0.54	-0.57	0.58	-0.32	-0.13	-0.96	1.0	0.62	-0.67	-0.59		0.22	0.55	-0.49	-0.58	0.6	-0.64	0.53	-0.51	-0.6	-0.67
Net Receivables	-0.43	0.6	0.43	-0.95	-0.72	0.38	-0.76	0.41	-0.56	0.43	-0.45	0.22	0.35	-0.58	-0.7	0.22		0.35	-0.26	-0.71	0.85	-0.82	0.38	-0.28	-0.84	-0.7
Good Will	-0.99	0.96	0.04	-0.23	-0.63	0.4	-0.42	0.53	-0.93	0.04	-0.53	0.55	0.99	-0.67	-0.39	0.55	0.35		-0.31	-0.39	0.69	-0.7	0.4	-0.33	-0.49	-0.43
Non Current Liabilities Total	0.33	-0.39	0.73	0.02	0.69	-0.99	0.8	-0.97	0.16	0.74	0.43	-0.49	-0.4	0.86	0.85	-0.49	-0.26	-0.31		0.85	-0.59	0.61	-0.99	1.0	0.69	0.82
Capital Lease Obligations	0.43	-0.58	0.27	0.48	0.92	-0.91	1.0	-0.9	0.36	0.28	0.66	-0.58	-0.45	0.93	1.0	-0.58	-0.71	-0.39	0.85		-0.88	0.88	-0.91	0.86	0.96	0.99
Inventory	-0.74	0.86	0.09	-0.67	-0.96	0.7	-0.91	0.76	-0.73	0.08	-0.72	0.6	0.72	-0.9	-0.88	0.6	0.85	0.69	-0.59	-0.88		-1.0	0.7	-0.62	-0.96	-0.9
Other Current Assets	0.75	-0.87	-0.06	0.63	0.97	-0.72	0.92	-0.78	0.72	-0.05	0.75	-0.64	-0.74	0.91	0.89	-0.64	-0.82	-0.7	0.61	0.88	-1.0		-0.72	0.64	0.96	0.91
Other Stockholder Equity	-0.43	0.5	-0.63	-0.14	-0.78	1.0	-0.87	0.99	-0.28	-0.64	-0.51	0.53	0.48	-0.93	-0.91	0.53	0.38	0.4	-0.99	-0.91	0.7	-0.72		-0.99	-0.78	-0.88
Total Liab	0.35	-0.41	0.71	0.04	0.72	-0.99	0.82	-0.97	0.19	0.72	0.46	-0.51	-0.42	0.88	0.86	-0.51	-0.28	-0.33	1.0	0.86	-0.62	0.64	-0.99		0.71	0.84
Net Invested Capital	0.54	-0.7	0.02	0.64	0.96	-0.78	0.98	-0.8	0.52	0.02	0.72	-0.6	-0.54	0.9	0.96	-0.6	-0.84	-0.49	0.69	0.96	-0.96	0.96	-0.78	0.71		0.97
Property Plant And Equipment Gross	0.47	-0.62	0.22	0.46	0.96	-0.88	0.99	-0.88	0.39	0.23	0.75	-0.67	-0.5	0.94	0.99	-0.67	-0.7	-0.43	0.82	0.99	-0.9	0.91	-0.88	0.84	0.97

Click cells to compare fundamentals

Vestis Account Relationship Matchups

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 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.

Macroaxis helps investors of all levels and skills to maximize the upside of all their holdings and minimize the risk associated with market volatility, economic swings, and company-specific events. View terms and conditions

Feedback Blog

Made with optimal in San Francisco

2024 Macroaxis LLC

Vestis Long Term Debt vs Net Working Capital Analysis

Long Term Debt vs Net Working Capital

Long Term Debt vs Net Working Capital Correlation Analysis

Correlation Coefficient

Long Term Debt

Net Working Capital

Vestis fundamental ratios Correlations

Vestis Account Relationship Matchups

High Positive Relationship

High Negative Relationship

Thematic Opportunities

Explore Investment Opportunities

Additional Tools for Vestis Stock Analysis

COMMON DESTINATIONS

MAIN CATEGORIES

COMPANY

Net Debt	+ 1.0	Short Long Term Debt Total
Other Stockholder Equity	+ 1.0	Total Stockholder Equity
Other Assets	+ 1.0	Other Liab
Capital Lease Obligations	+ 1.0	Other Liab
Cash And Short Term Investments	+ 1.0	Cash
Capital Lease Obligations	+ 1.0	Other Assets

Other Current Assets	- 1.0	Inventory
Total Liab	- 0.99	Other Stockholder Equity
Other Stockholder Equity	- 0.99	Non Current Liabilities Total
Total Liab	- 0.99	Total Stockholder Equity
Non Current Liabilities Total	- 0.99	Total Stockholder Equity
Good Will	- 0.99	Common Stock Shares Outstanding