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 Other Operating Expenses and its Net Interest Income 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.
Other Operating Expenses vs Net Interest Income
Other Operating Expenses vs Net Interest Income Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of
Valvoline Other Operating Expenses account and
Net Interest Income. At this time, the significance of the direction appears to have fragmental relationship.
The correlation between Valvoline's Other Operating Expenses and Net Interest Income is 0.54. Overlapping area represents the amount of variation of Other Operating Expenses that can explain the historical movement of Net Interest Income in the same time period over historical financial statements of Valvoline, assuming nothing else is changed. The correlation between historical values of Valvoline's Other Operating Expenses and Net Interest Income 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 Operating Expenses of Valvoline are associated (or correlated) with its Net Interest Income. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Net Interest Income has no effect on the direction of Other Operating Expenses i.e., Valvoline's Other Operating Expenses and Net Interest Income go up and down completely randomly.
Correlation Coefficient | 0.54 |
Relationship Direction | Positive |
Relationship Strength | Weak |
Other Operating Expenses
Other Operating Expenses is the expense which generally does not depend on sales or production quantities of Valvoline. It is also known as Valvoline overhead expenses. Typically these expenses include marketing, rent and utilities, office, leases, and other overhead cost. Expenses incurred from non-core business activities, including administrative and general expenses, but excluding costs directly related to production.
Net Interest Income
The difference between the revenue generated from a bank's interest-bearing assets and the expenses associated with paying its interest-bearing liabilities.
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
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