Vestis Total Revenue vs Tax Provision 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 Total Revenue and its Tax Provision 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.

Total Revenue vs Tax Provision

Total Revenue vs Tax Provision Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Vestis Total Revenue account and Tax Provision. At this time, the significance of the direction appears to have strong relationship.

The correlation between Vestis' Total Revenue and Tax Provision is 0.69. Overlapping area represents the amount of variation of Total Revenue that can explain the historical movement of Tax Provision in the same time period over historical financial statements of Vestis, assuming nothing else is changed. The correlation between historical values of Vestis' Total Revenue and Tax Provision 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 Revenue of Vestis are associated (or correlated) with its Tax Provision. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Tax Provision has no effect on the direction of Total Revenue i.e., Vestis' Total Revenue and Tax Provision go up and down completely randomly.

Correlation Coefficient

0.69

Relationship Direction	Positive
Relationship Strength	Significant

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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.

Tax Provision

The amount set aside by a company to cover any estimated taxes for the current period. It reflects the company's expected tax liabilities.

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 Expense	10K	9K	8.6K
Depreciation And Amortization	136.5M	122.9M	108.3M

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		-0.84	-0.8	0.83	-0.84	0.58	-0.77	0.73	0.99	-0.8	-0.67	0.65	1.0	-0.74	-0.74	0.65	-0.69	1.0	-0.81	-0.74	-0.84	-0.8	0.58	-0.5	-0.83	-0.78
Total Assets	-0.84		0.85	-0.85	0.98	-0.78	0.98	-0.8	-0.87	0.85	0.64	-0.58	-0.86	0.96	0.96	-0.58	0.89	-0.84	0.85	0.96	0.99	0.92	-0.78	0.78	1.0	0.97
Short Long Term Debt Total	-0.8	0.85		-0.93	0.86	-0.95	0.9	-0.99	-0.85	1.0	0.52	-0.59	-0.84	0.92	0.92	-0.59	0.91	-0.8	1.0	0.92	0.86	0.82	-0.95	0.9	0.85	0.91
Other Current Liab	0.83	-0.85	-0.93		-0.92	0.85	-0.86	0.9	0.89	-0.93	-0.8	0.84	0.87	-0.88	-0.88	0.84	-0.95	0.82	-0.93	-0.87	-0.9	-0.95	0.84	-0.8	-0.84	-0.91
Total Current Liabilities	-0.84	0.98	0.86	-0.92		-0.79	0.96	-0.81	-0.88	0.86	0.76	-0.72	-0.87	0.95	0.95	-0.72	0.94	-0.83	0.86	0.95	1.0	0.98	-0.79	0.78	0.97	0.98
Total Stockholder Equity	0.58	-0.78	-0.95	0.85	-0.79		-0.88	0.97	0.66	-0.95	-0.4	0.48	0.64	-0.91	-0.91	0.48	-0.91	0.58	-0.94	-0.92	-0.8	-0.75	1.0	-0.99	-0.78	-0.89
Other Liab	-0.77	0.98	0.9	-0.86	0.96	-0.88		-0.87	-0.81	0.9	0.56	-0.52	-0.81	1.0	1.0	-0.52	0.92	-0.77	0.9	1.0	0.97	0.89	-0.88	0.88	0.98	0.99
Net Tangible Assets	0.73	-0.8	-0.99	0.9	-0.81	0.97	-0.87		0.79	-0.99	-0.47	0.55	0.78	-0.9	-0.9	0.55	-0.9	0.73	-0.99	-0.9	-0.82	-0.78	0.97	-0.92	-0.8	-0.88
Property Plant And Equipment Net	0.99	-0.87	-0.85	0.89	-0.88	0.66	-0.81	0.79		-0.85	-0.71	0.71	1.0	-0.8	-0.8	0.71	-0.77	0.99	-0.86	-0.79	-0.88	-0.86	0.66	-0.58	-0.86	-0.83
Net Debt	-0.8	0.85	1.0	-0.93	0.86	-0.95	0.9	-0.99	-0.85		0.53	-0.59	-0.84	0.92	0.92	-0.59	0.91	-0.8	1.0	0.92	0.87	0.82	-0.95	0.9	0.85	0.91
Accounts Payable	-0.67	0.64	0.52	-0.8	0.76	-0.4	0.56	-0.47	-0.71	0.53		-0.97	-0.68	0.56	0.56	-0.97	0.72	-0.64	0.53	0.55	0.72	0.87	-0.4	0.38	0.61	0.65
Cash	0.65	-0.58	-0.59	0.84	-0.72	0.48	-0.52	0.55	0.71	-0.59	-0.97		0.67	-0.55	-0.55	1.0	-0.74	0.62	-0.59	-0.53	-0.67	-0.85	0.47	-0.43	-0.55	-0.63
Non Current Assets Total	1.0	-0.86	-0.84	0.87	-0.87	0.64	-0.81	0.78	1.0	-0.84	-0.68	0.67		-0.79	-0.79	0.67	-0.74	1.0	-0.85	-0.78	-0.87	-0.84	0.64	-0.56	-0.86	-0.82
Non Currrent Assets Other	-0.74	0.96	0.92	-0.88	0.95	-0.91	1.0	-0.9	-0.8	0.92	0.56	-0.55	-0.79		1.0	-0.55	0.95	-0.74	0.92	1.0	0.97	0.89	-0.91	0.92	0.96	0.99
Other Assets	-0.74	0.96	0.92	-0.88	0.95	-0.91	1.0	-0.9	-0.8	0.92	0.56	-0.55	-0.79	1.0		-0.55	0.95	-0.74	0.92	1.0	0.97	0.89	-0.91	0.92	0.96	0.99
Cash And Short Term Investments	0.65	-0.58	-0.59	0.84	-0.72	0.48	-0.52	0.55	0.71	-0.59	-0.97	1.0	0.67	-0.55	-0.55		-0.74	0.62	-0.59	-0.53	-0.67	-0.85	0.47	-0.43	-0.55	-0.63
Net Receivables	-0.69	0.89	0.91	-0.95	0.94	-0.91	0.92	-0.9	-0.77	0.91	0.72	-0.74	-0.74	0.95	0.95	-0.74		-0.68	0.91	0.94	0.93	0.95	-0.91	0.91	0.88	0.96
Good Will	1.0	-0.84	-0.8	0.82	-0.83	0.58	-0.77	0.73	0.99	-0.8	-0.64	0.62	1.0	-0.74	-0.74	0.62	-0.68		-0.81	-0.74	-0.83	-0.79	0.58	-0.5	-0.84	-0.77
Non Current Liabilities Total	-0.81	0.85	1.0	-0.93	0.86	-0.94	0.9	-0.99	-0.86	1.0	0.53	-0.59	-0.85	0.92	0.92	-0.59	0.91	-0.81		0.92	0.87	0.83	-0.94	0.89	0.85	0.91
Capital Lease Obligations	-0.74	0.96	0.92	-0.87	0.95	-0.92	1.0	-0.9	-0.79	0.92	0.55	-0.53	-0.78	1.0	1.0	-0.53	0.94	-0.74	0.92		0.96	0.89	-0.92	0.92	0.96	0.99
Inventory	-0.84	0.99	0.86	-0.9	1.0	-0.8	0.97	-0.82	-0.88	0.87	0.72	-0.67	-0.87	0.97	0.97	-0.67	0.93	-0.83	0.87	0.96		0.96	-0.8	0.79	0.99	0.98
Other Current Assets	-0.8	0.92	0.82	-0.95	0.98	-0.75	0.89	-0.78	-0.86	0.82	0.87	-0.85	-0.84	0.89	0.89	-0.85	0.95	-0.79	0.83	0.89	0.96		-0.75	0.74	0.9	0.94
Other Stockholder Equity	0.58	-0.78	-0.95	0.84	-0.79	1.0	-0.88	0.97	0.66	-0.95	-0.4	0.47	0.64	-0.91	-0.91	0.47	-0.91	0.58	-0.94	-0.92	-0.8	-0.75		-0.99	-0.78	-0.89
Total Liab	-0.5	0.78	0.9	-0.8	0.78	-0.99	0.88	-0.92	-0.58	0.9	0.38	-0.43	-0.56	0.92	0.92	-0.43	0.91	-0.5	0.89	0.92	0.79	0.74	-0.99		0.78	0.89
Net Invested Capital	-0.83	1.0	0.85	-0.84	0.97	-0.78	0.98	-0.8	-0.86	0.85	0.61	-0.55	-0.86	0.96	0.96	-0.55	0.88	-0.84	0.85	0.96	0.99	0.9	-0.78	0.78		0.97
Property Plant And Equipment Gross	-0.78	0.97	0.91	-0.91	0.98	-0.89	0.99	-0.88	-0.83	0.91	0.65	-0.63	-0.82	0.99	0.99	-0.63	0.96	-0.77	0.91	0.99	0.98	0.94	-0.89	0.89	0.97

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Vestis Total Revenue vs Tax Provision Analysis

Total Revenue vs Tax Provision

Total Revenue vs Tax Provision Correlation Analysis

Correlation Coefficient

Total Revenue

Tax Provision

Vestis fundamental ratios Correlations

Vestis Account Relationship Matchups

High Positive Relationship

High Negative Relationship

Thematic Opportunities

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Additional Tools for Vestis Stock Analysis

COMMON DESTINATIONS

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COMPANY

Non Current Assets Total	+ 1.0	Common Stock Shares Outstanding
Good Will	+ 1.0	Common Stock Shares Outstanding
Net Invested Capital	+ 1.0	Total Assets
Net Debt	+ 1.0	Short Long Term Debt Total
Non Current Liabilities Total	+ 1.0	Short Long Term Debt Total
Inventory	+ 1.0	Total Current Liabilities

Total Liab	- 0.99	Other Stockholder Equity
Non Current Liabilities Total	- 0.99	Net Tangible Assets
Net Debt	- 0.99	Net Tangible Assets
Total Liab	- 0.99	Total Stockholder Equity
Net Tangible Assets	- 0.99	Short Long Term Debt Total
Cash And Short Term Investments	- 0.97	Accounts Payable