Valvoline Net Income From Continuing Ops vs Discontinued Operations Analysis

VVV Stock  USD 40.10  1.31  3.38%   
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 Net Income From Continuing Ops and its Discontinued Operations 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.

Net Income From Continuing Ops vs Discontinued Operations

Net Income From Continuing Ops vs Discontinued Operations Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Valvoline Net Income From Continuing Ops account and Discontinued Operations. At this time, the significance of the direction appears to have weak contrarian relationship.
The correlation between Valvoline's Net Income From Continuing Ops and Discontinued Operations is -0.01. Overlapping area represents the amount of variation of Net Income From Continuing Ops that can explain the historical movement of Discontinued Operations in the same time period over historical financial statements of Valvoline, assuming nothing else is changed. The correlation between historical values of Valvoline's Net Income From Continuing Ops and Discontinued Operations is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Net Income From Continuing Ops of Valvoline are associated (or correlated) with its Discontinued Operations. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Discontinued Operations has no effect on the direction of Net Income From Continuing Ops i.e., Valvoline's Net Income From Continuing Ops and Discontinued Operations go up and down completely randomly.

Correlation Coefficient

-0.01
Relationship DirectionNegative 
Relationship StrengthInsignificant

Net Income From Continuing Ops

Discontinued Operations

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.
 2021 2022 2023 2024 (projected)
Gross Profit476.4M544.5M618.8M500.2M
Total Revenue1.2B1.4B1.6B1.4B

Valvoline fundamental ratios Correlations

-0.42-0.38-0.34-0.110.18-0.290.38-0.69-0.40.46-0.62-0.27-0.3-0.470.71-0.62-0.420.64-0.030.42-0.40.16-0.62-0.070.26
-0.420.960.850.75-0.50.53-0.690.840.96-0.720.930.660.470.92-0.680.890.93-0.490.62-0.730.950.170.870.540.66
-0.380.960.750.65-0.670.59-0.780.80.98-0.550.90.590.540.98-0.530.890.98-0.290.45-0.810.980.090.810.470.63
-0.340.850.750.9-0.280.37-0.530.680.85-0.870.770.630.290.72-0.70.760.69-0.570.88-0.510.750.010.740.680.6
-0.110.750.650.9-0.310.43-0.490.430.74-0.70.560.390.410.56-0.530.540.6-0.40.9-0.510.690.180.460.880.7
0.18-0.5-0.67-0.28-0.31-0.890.9-0.28-0.640.01-0.5-0.22-0.86-0.69-0.01-0.5-0.77-0.240.00.92-0.75-0.15-0.27-0.22-0.3
-0.290.530.590.370.43-0.89-0.850.250.59-0.190.520.290.950.6-0.170.450.740.010.18-0.940.730.370.280.30.29
0.38-0.69-0.78-0.53-0.490.9-0.85-0.51-0.820.39-0.73-0.48-0.83-0.810.39-0.74-0.860.16-0.240.93-0.85-0.09-0.53-0.36-0.27
-0.690.840.80.680.43-0.280.25-0.510.8-0.660.930.540.260.85-0.760.950.75-0.620.37-0.540.750.030.970.340.32
-0.40.960.980.850.74-0.640.59-0.820.8-0.670.920.650.540.96-0.620.920.95-0.40.57-0.790.970.060.830.550.59
0.46-0.72-0.55-0.87-0.70.01-0.190.39-0.66-0.67-0.74-0.76-0.14-0.520.91-0.68-0.50.87-0.810.32-0.56-0.03-0.76-0.48-0.33
-0.620.930.90.770.56-0.50.52-0.730.930.92-0.740.730.490.93-0.770.970.9-0.590.46-0.730.890.130.960.380.39
-0.270.660.590.630.39-0.220.29-0.480.540.65-0.760.730.20.6-0.650.610.59-0.560.47-0.380.590.070.720.070.26
-0.30.470.540.290.41-0.860.95-0.830.260.54-0.140.490.20.56-0.190.450.68-0.020.13-0.910.670.50.250.420.21
-0.470.920.980.720.56-0.690.6-0.810.850.96-0.520.930.60.56-0.520.930.97-0.290.36-0.820.960.060.850.390.5
0.71-0.68-0.53-0.7-0.53-0.01-0.170.39-0.76-0.620.91-0.77-0.65-0.19-0.52-0.73-0.490.96-0.570.34-0.52-0.02-0.79-0.41-0.1
-0.620.890.890.760.54-0.50.45-0.740.950.92-0.680.970.610.450.93-0.730.87-0.540.42-0.710.860.020.940.430.37
-0.420.930.980.690.6-0.770.74-0.860.750.95-0.50.90.590.680.97-0.490.87-0.260.38-0.90.990.170.770.40.56
0.64-0.49-0.29-0.57-0.4-0.240.010.16-0.62-0.40.87-0.59-0.56-0.02-0.290.96-0.54-0.26-0.540.12-0.3-0.04-0.66-0.310.02
-0.030.620.450.880.90.00.18-0.240.370.57-0.810.460.470.130.36-0.570.420.38-0.54-0.240.470.160.450.740.67
0.42-0.73-0.81-0.51-0.510.92-0.940.93-0.54-0.790.32-0.73-0.38-0.91-0.820.34-0.71-0.90.12-0.24-0.89-0.31-0.53-0.4-0.39
-0.40.950.980.750.69-0.750.73-0.850.750.97-0.560.890.590.670.96-0.520.860.99-0.30.47-0.890.180.770.50.61
0.160.170.090.010.18-0.150.37-0.090.030.06-0.030.130.070.50.06-0.020.020.17-0.040.16-0.310.180.060.290.28
-0.620.870.810.740.46-0.270.28-0.530.970.83-0.760.960.720.250.85-0.790.940.77-0.660.45-0.530.770.060.290.36
-0.070.540.470.680.88-0.220.3-0.360.340.55-0.480.380.070.420.39-0.410.430.4-0.310.74-0.40.50.290.290.54
0.260.660.630.60.7-0.30.29-0.270.320.59-0.330.390.260.210.5-0.10.370.560.020.67-0.390.610.280.360.54
Click cells to compare fundamentals

Valvoline Account Relationship Matchups

Valvoline fundamental ratios Accounts

201920202021202220232024 (projected)
Common Stock Shares Outstanding187.5M183.5M180.4M162.6M131M145.5M
Total Assets3.1B3.2B3.4B2.9B2.4B2.5B
Short Long Term Debt Total2.2B1.9B1.9B1.8B1.4B1.4B
Other Current Liab255M481.2M674.5M178.3M330.1M270.3M
Total Current Liabilities444M568.7M919.4M362.3M353.9M495.2M
Total Stockholder Equity(76M)134.5M306.6M203.2M185.6M194.9M
Other Liab420M536M436.5M315.9M363.3M485.7M
Net Tangible Assets(76M)(640M)(356.5M)(477.4M)(429.7M)(451.1M)
Property Plant And Equipment Net874M785.9M916.7M1.1B1.3B707.8M
Net Debt1.4B1.7B1.9B1.4B1.3B1.2B
Accounts Payable189M38.6M45M118.7M106.8M116.8M
Non Current Assets Total1.6B2.2B1.8B2.0B2.2B1.5B
Non Currrent Assets Other132M664.7M141.7M187.8M220.4M171.2M
Other Assets161M208M215.9M187.8M216.0M234.7M
Long Term Debt2.0B1.7B1.5B1.6B1.8B1.2B
Net Receivables433M65.3M66.1M81.3M86.4M82.1M
Good Will445M512.8M548.2M578M664.7M420.9M
Liabilities And Stockholders Equity3.1B3.2B3.4B2.9B2.4B2.5B
Non Current Liabilities Total2.7B2.5B2.2B2.3B1.9B1.9B
Inventory199M27.4M29.4M33.3M39.7M37.7M
Other Current Assets46M821.8M1.5B65.5M61M58.0M
Other Stockholder Equity24M35.2M44.1M48M51.2M96.6M
Total Liab3.1B3.1B3.1B2.7B2.3B2.4B
Property Plant And Equipment Gross874M1.1B916.7M1.1B1.2B677.4M
Total Current Assets1.4B1.0B1.6B936.7M255.4M242.6M
Accumulated Other Comprehensive Income8M7.5M(21.3M)13.2M9.9M10.4M
Short Term Debt36M48.9M199.9M65.3M23.8M22.6M
Intangible Assets84M129.5M114.9M102.6M118.0M64.7M
Property Plant Equipment874M1.1B916.7M1.1B1.2B677.5M
Cash760M122.6M23.4M409.1M68.3M64.9M
Cash And Short Term Investments760M122.6M23.4M756.6M68.3M64.9M
Long Term Debt Total2.0B1.7B1.5B1.6B1.8B1.5B
Capital Surpluse13M24M35M44.1M39.7M37.7M
Non Current Liabilities Other490M252M237.1M350.5M403.1M243.6M
Cash And Equivalents760M230M23.4M409.1M470.5M281.9M

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