Valvoline Net Receivables vs Non Current Assets Total Analysis

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 Net Receivables 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 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 Receivables vs Non Current Assets Total

Net Receivables vs Non Current Assets Total Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Valvoline Net Receivables account and Non Current Assets Total. At this time, the significance of the direction appears to have pay attention.
The correlation between Valvoline's Net Receivables and Non Current Assets Total is -0.76. Overlapping area represents the amount of variation of Net Receivables that can explain the historical movement of Non Current Assets Total 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 Receivables 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 Net Receivables of Valvoline 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 Net Receivables i.e., Valvoline's Net Receivables and Non Current Assets Total go up and down completely randomly.

Correlation Coefficient

-0.76
Relationship DirectionNegative 
Relationship StrengthWeak

Net Receivables

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 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 Profit476.4M544.5M490.1M500.7M
Total Revenue1.2B1.4B1.3B1.4B

Valvoline fundamental ratios Correlations

-0.55-0.49-0.25-0.210.2-0.320.4-0.64-0.460.47-0.6-0.27-0.32-0.470.73-0.61-0.520.66-0.070.46-0.510.16-0.61-0.08-0.37
-0.550.970.790.71-0.480.5-0.680.930.96-0.730.970.650.460.94-0.720.950.93-0.540.56-0.720.950.150.940.50.91
-0.490.970.70.63-0.640.56-0.770.880.98-0.570.950.590.531.0-0.580.950.98-0.360.41-0.80.980.080.880.440.86
-0.250.790.70.94-0.280.37-0.520.590.8-0.840.70.610.280.67-0.640.680.64-0.510.91-0.490.720.020.660.70.84
-0.210.710.630.94-0.320.44-0.510.490.74-0.730.60.410.420.6-0.560.60.59-0.430.9-0.530.680.180.520.890.83
0.2-0.48-0.64-0.28-0.32-0.90.9-0.28-0.620.01-0.5-0.22-0.86-0.70.0-0.5-0.75-0.230.00.91-0.72-0.15-0.27-0.22-0.38
-0.320.50.560.370.44-0.9-0.850.250.57-0.190.510.290.950.6-0.170.450.710.00.18-0.940.70.370.280.30.4
0.4-0.68-0.77-0.52-0.510.9-0.85-0.5-0.810.39-0.73-0.48-0.83-0.810.39-0.74-0.850.17-0.240.94-0.85-0.09-0.53-0.36-0.49
-0.640.930.880.590.49-0.280.25-0.50.85-0.660.930.540.250.85-0.750.950.82-0.610.38-0.540.820.050.970.340.78
-0.460.960.980.80.74-0.620.57-0.810.85-0.680.940.650.540.97-0.640.950.95-0.430.55-0.790.970.060.870.540.85
0.47-0.73-0.57-0.84-0.730.01-0.190.39-0.66-0.68-0.73-0.76-0.14-0.520.91-0.68-0.520.86-0.820.32-0.58-0.03-0.76-0.48-0.62
-0.60.970.950.70.6-0.50.51-0.730.930.94-0.730.730.490.93-0.760.970.93-0.590.46-0.730.940.140.960.370.78
-0.270.650.590.610.41-0.220.29-0.480.540.65-0.760.730.20.59-0.640.60.59-0.550.48-0.380.590.070.720.070.43
-0.320.460.530.280.42-0.860.95-0.830.250.54-0.140.490.20.56-0.190.450.66-0.020.13-0.910.660.50.250.420.36
-0.470.941.00.670.6-0.70.6-0.810.850.97-0.520.930.590.56-0.530.930.98-0.30.36-0.820.980.060.850.390.83
0.73-0.72-0.58-0.64-0.560.0-0.170.39-0.75-0.640.91-0.76-0.64-0.19-0.53-0.73-0.540.96-0.560.35-0.57-0.02-0.79-0.41-0.54
-0.610.950.950.680.6-0.50.45-0.740.950.95-0.680.970.60.450.93-0.730.92-0.540.43-0.710.920.020.940.430.78
-0.520.930.980.640.59-0.750.71-0.850.820.95-0.520.930.590.660.98-0.540.92-0.320.35-0.890.990.150.830.380.8
0.66-0.54-0.36-0.51-0.43-0.230.00.17-0.61-0.430.86-0.59-0.55-0.02-0.30.96-0.54-0.32-0.520.14-0.35-0.03-0.66-0.3-0.38
-0.070.560.410.910.90.00.18-0.240.380.55-0.820.460.480.130.36-0.560.430.35-0.52-0.240.440.150.450.740.67
0.46-0.72-0.8-0.49-0.530.91-0.940.94-0.54-0.790.32-0.73-0.38-0.91-0.820.35-0.71-0.890.14-0.24-0.89-0.29-0.54-0.4-0.6
-0.510.950.980.720.68-0.720.7-0.850.820.97-0.580.940.590.660.98-0.570.920.99-0.350.44-0.890.170.830.470.84
0.160.150.080.020.18-0.150.37-0.090.050.06-0.030.140.070.50.06-0.020.020.15-0.030.15-0.290.170.060.290.15
-0.610.940.880.660.52-0.270.28-0.530.970.87-0.760.960.720.250.85-0.790.940.83-0.660.45-0.540.830.060.290.76
-0.080.50.440.70.89-0.220.3-0.360.340.54-0.480.370.070.420.39-0.410.430.38-0.30.74-0.40.470.290.290.66
-0.370.910.860.840.83-0.380.4-0.490.780.85-0.620.780.430.360.83-0.540.780.8-0.380.67-0.60.840.150.760.66
Click cells to compare fundamentals

Valvoline Account Relationship Matchups

Valvoline fundamental ratios Accounts

201920202021202220232024 (projected)
Common Stock Shares Outstanding187.5M183.5M180.4M162.6M146.3M149.2M
Total Assets3.1B3.2B3.4B2.9B3.3B2.4B
Short Long Term Debt Total2.2B1.9B1.9B1.8B2.1B1.4B
Other Current Liab255M481.2M674.5M178.3M205.0M261.0M
Total Current Liabilities444M568.7M919.4M362.3M416.6M505.8M
Total Stockholder Equity(76M)134.5M306.6M203.2M182.9M192.0M
Other Liab420M536M436.5M315.9M363.3M485.7M
Net Tangible Assets(76M)(640M)(356.5M)(477.4M)(429.7M)(451.1M)
Property Plant And Equipment Net874M785.9M916.7M1.1B1.2B640.2M
Net Debt1.4B1.7B1.9B1.4B1.6B1.1B
Accounts Payable189M38.6M45M118.7M106.8M116.8M
Non Current Assets Total1.6B2.2B1.8B2.0B2.2B1.4B
Non Currrent Assets Other132M664.7M141.7M187.8M216.0M164.1M
Other Assets161M208M215.9M187.8M216.0M234.7M
Long Term Debt2.0B1.7B1.5B1.6B1.8B1.2B
Net Receivables433M65.3M66.1M81.3M73.2M69.5M
Good Will445M512.8M548.2M578M664.7M420.9M
Liabilities And Stockholders Equity3.1B3.2B3.4B2.9B3.3B2.4B
Non Current Liabilities Total2.7B2.5B2.2B2.3B2.7B1.9B
Inventory199M27.4M29.4M33.3M30.0M28.5M
Other Current Assets46M821.8M1.5B65.5M75.3M71.6M
Other Stockholder Equity24M35.2M44.1M48M43.2M41.0M
Total Liab3.1B3.1B3.1B2.7B3.1B2.4B
Property Plant And Equipment Gross874M1.1B916.7M1.1B1.2B677.4M
Total Current Assets1.4B1.0B1.6B936.7M1.1B1.0B
Accumulated Other Comprehensive Income8M7.5M(21.3M)13.2M15.2M15.9M
Short Term Debt36M48.9M199.9M65.3M75.1M56.4M
Intangible Assets84M129.5M114.9M102.6M118.0M64.7M
Property Plant Equipment874M1.1B916.7M1.1B1.2B677.5M
Cash760M122.6M23.4M409.1M470.5M267.2M
Cash And Short Term Investments760M122.6M23.4M756.6M870.1M913.6M
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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When running Valvoline's price analysis, check to 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.