VVPR Stock | | | USD 1.07 0.15 16.30% |
VivoPower International financial indicator trend analysis is much more than just breaking down VivoPower International prevalent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether VivoPower International is a good investment. Please check the relationship between VivoPower International Accounts Payable and its Cash accounts. Check out
World Market Map to better understand how to build diversified portfolios, which includes a position in VivoPower International PLC. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as
signals in american community survey.
Accounts Payable vs Cash
Accounts Payable vs Cash Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of
VivoPower International Accounts Payable account and
Cash. At this time, the significance of the direction appears to have weak relationship.
The correlation between VivoPower International's Accounts Payable and Cash is 0.33. Overlapping area represents the amount of variation of Accounts Payable that can explain the historical movement of Cash in the same time period over historical financial statements of VivoPower International PLC, assuming nothing else is changed. The correlation between historical values of VivoPower International's Accounts Payable and Cash is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Accounts Payable of VivoPower International PLC are associated (or correlated) with its Cash. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Cash has no effect on the direction of Accounts Payable i.e., VivoPower International's Accounts Payable and Cash go up and down completely randomly.
Correlation Coefficient | 0.33 |
Relationship Direction | Positive |
Relationship Strength | Very Weak |
Accounts Payable
An accounting item on the balance sheet that represents VivoPower International obligation to pay off a short-term debt to its creditors. The accounts payable entry is usually reported under current liabilities. If accounts payable of VivoPower International are not paid within the agreed terms, the payables are considered to be in default, which may trigger a penalty or interest payment, or the revocation of additional credit from the supplier. Accounts payable may also be considered a source of cash, since they represent funds being borrowed from suppliers. Given these cash flow considerations, suppliers have a natural inclination to push for shorter payment terms, while creditors want to lengthen the payment terms. The amount a company owes to suppliers or vendors for products or services received but not yet paid for. It represents the company's short-term liabilities.
Cash
Cash refers to the most liquid asset of VivoPower International, which is listed under current asset account on VivoPower International PLC balance sheet and usually includes currency, coins, checking accounts, and not deposited checks received from VivoPower International customers. The amounts must be unrestricted with restricted cash listed in a different VivoPower International account. The total amount of money in the form of currency that a company has in its possession. This includes all bills, coins, and funds in bank accounts.
Most indicators from VivoPower International's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into VivoPower International 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 VivoPower International PLC. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as
signals in american community survey.
At this time, VivoPower International's
Selling General Administrative is relatively stable compared to the past year. As of 11/26/2024,
Tax Provision is likely to grow to about 584.9
K, while
Issuance Of Capital Stock is likely to drop 0.00.
VivoPower International fundamental ratios Correlations
Click cells to compare fundamentals
VivoPower International Account Relationship Matchups
High Positive Relationship
High Negative Relationship
VivoPower International fundamental ratios Accounts
Additional Tools for VivoPower Stock Analysis
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