VVX Stock | | | USD 61.16 0.66 1.07% |
V2X financial indicator trend analysis is much more than just breaking down V2X Inc prevalent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether V2X Inc is a good investment. Please check the relationship between V2X Non Current Assets Total and its Cash accounts. Check out
World Market Map to better understand how to build diversified portfolios, which includes a position in V2X Inc. 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.
Non Current Assets Total vs Cash
Non Current Assets Total vs Cash Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of
V2X Inc Non Current Assets Total account and
Cash. At this time, the significance of the direction appears to have strong relationship.
The correlation between V2X's Non Current Assets Total and Cash is 0.62. Overlapping area represents the amount of variation of Non Current Assets Total that can explain the historical movement of Cash in the same time period over historical financial statements of V2X Inc, assuming nothing else is changed. The correlation between historical values of V2X's Non Current Assets Total 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 Non Current Assets Total of V2X Inc 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 Non Current Assets Total i.e., V2X's Non Current Assets Total and Cash go up and down completely randomly.
Correlation Coefficient | 0.62 |
Relationship Direction | Positive |
Relationship Strength | Significant |
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.
Cash
Cash refers to the most liquid asset of V2X Inc, which is listed under current asset account on V2X Inc balance sheet and usually includes currency, coins, checking accounts, and not deposited checks received from V2X customers. The amounts must be unrestricted with restricted cash listed in a different V2X 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 V2X's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into V2X Inc 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 V2X Inc. 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.
Selling General Administrative is likely to drop to about 114.9
M in 2024.
Tax Provision is likely to rise to about (1.8
M) in 2024
V2X fundamental ratios Correlations
Click cells to compare fundamentals
V2X Account Relationship Matchups
High Positive Relationship
High Negative Relationship
V2X fundamental ratios Accounts
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Additional Tools for V2X Stock Analysis
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