VVV Stock | | | USD 38.57 0.01 0.03% |
Valvoline financial indicator trend analysis is much more than just breaking down Valvoline prevalent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Valvoline is a good investment. Please check the relationship between Valvoline Cost Of Revenue and its Depreciation And Amortization accounts. Check out
World Market Map to better understand how to build diversified portfolios, which includes a position in Valvoline. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as
signals in real.
For more information on how to buy Valvoline Stock please use our
How to Invest in Valvoline guide.
Cost Of Revenue vs Depreciation And Amortization
Cost Of Revenue vs Depreciation And Amortization Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of
Valvoline Cost Of Revenue account and
Depreciation And Amortization. At this time, the significance of the direction appears to have pay attention.
The correlation between Valvoline's Cost Of Revenue and Depreciation And Amortization is -0.73. Overlapping area represents the amount of variation of Cost Of Revenue that can explain the historical movement of Depreciation And Amortization in the same time period over historical financial statements of Valvoline, assuming nothing else is changed. The correlation between historical values of Valvoline's Cost Of Revenue and Depreciation And Amortization is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Cost Of Revenue of Valvoline are associated (or correlated) with its Depreciation And Amortization. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Depreciation And Amortization has no effect on the direction of Cost Of Revenue i.e., Valvoline's Cost Of Revenue and Depreciation And Amortization go up and down completely randomly.
Correlation Coefficient | -0.73 |
Relationship Direction | Negative |
Relationship Strength | Weak |
Cost Of Revenue
Cost of Revenue is found on Valvoline income statement and represents the costs associated with goods and services Valvoline provides. Indirect cost, such as salaries, is not included. In other words, cost of revenue is the total cost incurred to obtain a sale. It is more than the traditional cost of goods sold, since it includes specific selling and marketing activities.
Depreciation And Amortization
The systematic reduction in the recorded value of an intangible asset. This includes the allocation of the cost of tangible assets to periods in which the assets are used, representing the expense related to the wear and tear, deterioration, or obsolescence of physical assets and intangible assets over their useful lives.
Most indicators from Valvoline's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Valvoline 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 Valvoline. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as
signals in real.
For more information on how to buy Valvoline Stock please use our
How to Invest in Valvoline guide.At this time, Valvoline's
Selling General Administrative is fairly stable compared to the past year.
Discontinued Operations is likely to climb to about 1.5
B in 2024, whereas
Tax Provision is likely to drop slightly above 31.7
M in 2024.
Valvoline fundamental ratios Correlations
Click cells to compare fundamentals
Valvoline Account Relationship Matchups
High Positive Relationship
High Negative Relationship
Valvoline fundamental ratios Accounts
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Additional Tools for Valvoline Stock Analysis
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measure Valvoline's 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 Valvoline is operating at the current time. Most of Valvoline's value examination focuses on studying past and present price action to
predict the probability of Valvoline's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Valvoline's price. Additionally, you may evaluate how the addition of Valvoline to your portfolios can decrease your overall portfolio volatility.