Viatris Other Stockholder Equity vs Non Current Assets Total Analysis

VTRS Stock  USD 13.36  0.01  0.07%   
Viatris financial indicator trend analysis is much more than just breaking down Viatris prevalent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Viatris is a good investment. Please check the relationship between Viatris Other Stockholder Equity and its Non Current Assets Total accounts. Check out World Market Map to better understand how to build diversified portfolios, which includes a position in Viatris. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in metropolitan statistical area.
For more information on how to buy Viatris Stock please use our How to Invest in Viatris guide.

Other Stockholder Equity vs Non Current Assets Total

Other Stockholder Equity vs Non Current Assets Total Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Viatris Other Stockholder Equity account and Non Current Assets Total. At this time, the significance of the direction appears to have almost identical trend.
The correlation between Viatris' Other Stockholder Equity and Non Current Assets Total is 0.94. Overlapping area represents the amount of variation of Other Stockholder Equity that can explain the historical movement of Non Current Assets Total in the same time period over historical financial statements of Viatris, assuming nothing else is changed. The correlation between historical values of Viatris' Other Stockholder Equity and Non Current Assets Total is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Other Stockholder Equity of Viatris are associated (or correlated) with its Non Current Assets Total. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Non Current Assets Total has no effect on the direction of Other Stockholder Equity i.e., Viatris' Other Stockholder Equity and Non Current Assets Total go up and down completely randomly.

Correlation Coefficient

0.94
Relationship DirectionPositive 
Relationship StrengthVery Strong

Other Stockholder Equity

Non Current Assets Total

The total value of a company's long-term assets, which are not expected to be converted into cash or used up within one year or the operating cycle, including property, plant, and equipment, and intangible assets.
Most indicators from Viatris' fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Viatris 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 Viatris. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in metropolitan statistical area.
For more information on how to buy Viatris Stock please use our How to Invest in Viatris guide.At this time, Viatris' Selling General Administrative is comparatively stable compared to the past year. Tax Provision is likely to gain to about 730.1 M in 2024, whereas Enterprise Value is likely to drop slightly above 7.2 B in 2024.
 2021 2022 2023 2024 (projected)
Interest Expense636.2M592.4M573.1M601.8M
Depreciation And Amortization4.5B3.0B2.7B2.9B

Viatris fundamental ratios Correlations

0.990.880.950.980.970.980.720.661.00.750.950.780.990.970.590.950.990.90.940.69-0.280.840.99-0.660.84
0.990.90.940.950.961.00.690.590.990.680.940.731.00.970.520.920.990.870.90.67-0.350.820.98-0.620.84
0.880.90.790.850.820.910.750.460.890.520.860.580.90.830.360.790.880.690.750.46-0.540.650.88-0.680.82
0.950.940.790.910.960.940.670.550.940.640.960.710.930.950.620.880.960.860.940.87-0.150.870.92-0.530.76
0.980.950.850.910.940.940.70.720.970.80.920.830.940.930.640.990.950.920.940.64-0.280.810.97-0.720.84
0.970.960.820.960.940.950.750.680.960.760.960.760.960.970.590.90.970.90.950.73-0.110.910.93-0.540.73
0.981.00.910.940.940.950.680.550.990.640.930.720.990.960.510.90.990.860.890.68-0.370.820.98-0.610.84
0.720.690.750.670.70.750.680.510.720.490.80.380.720.690.320.580.720.520.670.4-0.190.670.66-0.640.51
0.660.590.460.550.720.680.550.510.640.980.630.670.620.610.510.740.610.690.710.240.150.610.62-0.560.5
1.00.990.890.940.970.960.990.720.640.720.940.750.990.960.520.940.990.880.90.67-0.330.820.99-0.690.86
0.750.680.520.640.80.760.640.490.980.720.690.770.70.690.590.830.690.790.790.350.10.670.71-0.560.58
0.950.940.860.960.920.960.930.80.630.940.690.680.940.940.580.870.960.820.940.73-0.170.890.91-0.610.74
0.780.730.580.710.830.760.720.380.670.750.770.680.710.670.80.890.720.960.830.5-0.130.730.74-0.470.68
0.991.00.90.930.940.960.990.720.620.990.70.940.710.960.50.90.990.850.90.65-0.310.820.98-0.620.84
0.970.970.830.950.930.970.960.690.610.960.690.940.670.960.530.890.970.830.920.74-0.190.840.95-0.540.73
0.590.520.360.620.640.590.510.320.510.520.590.580.80.50.530.680.540.750.80.560.060.580.5-0.230.41
0.950.920.790.880.990.90.90.580.740.940.830.870.890.90.890.680.910.940.930.62-0.270.770.95-0.70.84
0.990.990.880.960.950.970.990.720.610.990.690.960.720.990.970.540.910.870.920.71-0.270.850.98-0.610.83
0.90.870.690.860.920.90.860.520.690.880.790.820.960.850.830.750.940.870.920.65-0.120.850.86-0.510.75
0.940.90.750.940.940.950.890.670.710.90.790.940.830.90.920.80.930.920.920.73-0.080.870.88-0.530.7
0.690.670.460.870.640.730.680.40.240.670.350.730.50.650.740.560.620.710.650.730.060.680.67-0.240.5
-0.28-0.35-0.54-0.15-0.28-0.11-0.37-0.190.15-0.330.1-0.17-0.13-0.31-0.190.06-0.27-0.27-0.12-0.080.060.07-0.350.48-0.52
0.840.820.650.870.810.910.820.670.610.820.670.890.730.820.840.580.770.850.850.870.680.070.77-0.380.5
0.990.980.880.920.970.930.980.660.620.990.710.910.740.980.950.50.950.980.860.880.67-0.350.77-0.710.89
-0.66-0.62-0.68-0.53-0.72-0.54-0.61-0.64-0.56-0.69-0.56-0.61-0.47-0.62-0.54-0.23-0.7-0.61-0.51-0.53-0.240.48-0.38-0.71-0.77
0.840.840.820.760.840.730.840.510.50.860.580.740.680.840.730.410.840.830.750.70.5-0.520.50.89-0.77
Click cells to compare fundamentals

Viatris Account Relationship Matchups

Viatris fundamental ratios Accounts

201920202021202220232024 (projected)
Total Assets31.3B61.6B54.8B50.0B47.7B50.1B
Short Long Term Debt Total12.7B25.8B23.1B19.3B18.4B19.3B
Other Current Liab4.1B5.5B4.6B4.0B4.2B4.4B
Total Current Liabilities5.6B10.6B9.9B6.7B7.8B8.2B
Total Stockholder Equity11.9B23.0B20.5B21.1B20.5B21.5B
Property Plant And Equipment Net2.4B3.8B3.5B3.3B3.0B3.2B
Net Debt12.2B25.0B22.4B18.0B17.4B18.2B
Retained Earnings6.0B5.4B3.7B5.2B4.6B4.9B
Cash475.6M844.4M701.2M1.3B991.9M1.0B
Non Current Assets Total24.5B48.7B43.9B39.4B34.7B36.4B
Cash And Short Term Investments475.6M1.0B935M1.5B1.2B1.2B
Net Receivables3.1B4.8B4.3B3.2B4.0B4.2B
Liabilities And Stockholders Equity31.3B61.6B54.8B50.0B47.7B50.1B
Non Current Liabilities Total13.8B28.0B24.5B22.2B19.4B20.4B
Inventory2.7B5.5B4.0B3.5B3.5B3.6B
Other Current Assets552M1.6B1.7B2.4B4.3B4.5B
Other Stockholder Equity7.6B18.4B18.5B18.6B18.6B19.5B
Total Liab19.4B38.6B34.4B28.9B27.2B28.6B
Property Plant And Equipment Gross2.4B3.8B5.9B5.3B5.0B5.3B
Total Current Assets6.8B12.9B10.9B10.6B13.0B13.6B
Accumulated Other Comprehensive Income(1.8B)(858M)(1.7B)(2.8B)(2.7B)(2.6B)
Short Term Debt1.5B3.5B3.4B1.3B2.0B2.1B
Non Currrent Assets Other58.2M676M798.5M1.1B821.1M622.1M
Accounts Payable1.1B1.3B1.7B1.2B1.4B1.5B
Intangible Assets11.6B29.7B26.1B22.6B19.2B20.1B
Short Term Investments109.1M203.5M233.8M212.6M192.5M147.5M
Current Deferred Revenue(1.1B)3.6B4.1B3.1B3.1B3.2B
Good Will9.6B12.3B12.1B10.4B9.9B6.9B
Other Liab2.4B5.4B4.5B4.0B4.6B4.1B
Net Tangible Assets(9.4B)(19.1B)(17.8B)(12.0B)(10.8B)(11.3B)
Other Assets761.3M3.2B5.7B3.0B3.4B2.3B
Long Term Debt11.2B22.4B19.7B18.0B16.2B17.7B
Long Term Investments92.2M47.9M81.4M1.1B1.1B1.2B
Short Long Term Debt567.5M3.4B1.9B1.3B1.9B1.6B
Non Current Liabilities Other266.6M628.9M4.7B555.5M388.7M369.3M
Property Plant Equipment2.4B3.8B3.5B3.3B3.8B3.1B
Net Invested Capital23.7B48.7B21.6B40.3B38.6B35.7B

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