V2X Other Current Liab vs Net Debt Analysis

VVX Stock  USD 60.60  0.09  0.15%   
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 Other Current Liab and its Net Debt 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.

Other Current Liab vs Net Debt

Other Current Liab vs Net Debt Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of V2X Inc Other Current Liab account and Net Debt. At this time, the significance of the direction appears to have almost identical trend.
The correlation between V2X's Other Current Liab and Net Debt is 0.94. Overlapping area represents the amount of variation of Other Current Liab that can explain the historical movement of Net Debt 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 Other Current Liab and Net Debt 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 Current Liab of V2X Inc are associated (or correlated) with its Net Debt. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Net Debt has no effect on the direction of Other Current Liab i.e., V2X's Other Current Liab and Net Debt go up and down completely randomly.

Correlation Coefficient

0.94
Relationship DirectionPositive 
Relationship StrengthVery Strong

Other Current Liab

Net Debt

The total debt of a company minus its cash and cash equivalents. It represents the actual debt burden on the company after accounting for the liquid assets it holds.
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
 2021 2022 2023 2024 (projected)
Total Revenue1.8B2.9B4.0B4.2B
Depreciation And Amortization16.6M62.1M112.8M118.5M

V2X fundamental ratios Correlations

0.940.830.950.940.90.750.940.960.50.940.520.50.680.950.920.60.590.920.940.7-0.230.930.520.77-0.44
0.940.940.990.990.970.741.00.990.611.00.690.610.841.00.990.760.790.971.00.86-0.171.00.590.89-0.44
0.830.940.890.910.940.740.940.890.790.940.860.790.790.930.950.830.90.830.940.84-0.420.920.720.87-0.57
0.950.990.890.980.960.730.981.00.510.980.640.510.840.980.970.70.730.980.980.84-0.070.980.540.85-0.37
0.940.990.910.980.980.790.980.990.590.990.670.590.840.990.970.750.780.960.980.86-0.150.980.640.87-0.49
0.90.970.940.960.980.830.950.970.60.960.760.60.830.960.940.770.830.90.960.85-0.240.940.730.85-0.53
0.750.740.740.730.790.830.710.770.510.730.580.510.60.720.680.540.630.630.710.63-0.390.680.850.6-0.7
0.941.00.940.980.980.950.710.970.631.00.70.630.811.01.00.760.790.961.00.84-0.221.00.560.89-0.43
0.960.990.891.00.990.970.770.970.530.980.630.530.820.980.960.70.730.960.980.83-0.110.970.580.84-0.43
0.50.610.790.510.590.60.510.630.530.620.691.00.530.610.670.630.770.470.620.64-0.660.60.710.68-0.73
0.941.00.940.980.990.960.731.00.980.620.690.620.831.00.990.760.790.971.00.85-0.191.00.580.89-0.44
0.520.690.860.640.670.760.580.70.630.690.690.690.720.670.720.790.90.570.70.77-0.40.680.690.75-0.45
0.50.610.790.510.590.60.510.630.531.00.620.690.530.610.670.630.770.470.620.64-0.660.60.710.68-0.73
0.680.840.790.840.840.830.60.810.820.530.830.720.530.820.820.80.850.830.830.990.070.830.560.94-0.32
0.951.00.930.980.990.960.721.00.980.611.00.670.610.820.990.750.770.971.00.84-0.181.00.560.88-0.43
0.920.990.950.970.970.940.681.00.960.670.990.720.670.820.990.780.810.951.00.85-0.230.990.560.9-0.43
0.60.760.830.70.750.770.540.760.70.630.760.790.630.80.750.780.870.690.760.83-0.270.750.620.85-0.45
0.590.790.90.730.780.830.630.790.730.770.790.90.770.850.770.810.870.690.790.9-0.330.770.760.87-0.56
0.920.970.830.980.960.90.630.960.960.470.970.570.470.830.970.950.690.690.970.830.040.980.410.85-0.27
0.941.00.940.980.980.960.711.00.980.621.00.70.620.831.01.00.760.790.970.86-0.171.00.560.89-0.41
0.70.860.840.840.860.850.630.840.830.640.850.770.640.990.840.850.830.90.830.86-0.050.850.630.97-0.41
-0.23-0.17-0.42-0.07-0.15-0.24-0.39-0.22-0.11-0.66-0.19-0.4-0.660.07-0.18-0.23-0.27-0.330.04-0.17-0.05-0.14-0.58-0.170.7
0.931.00.920.980.980.940.681.00.970.61.00.680.60.831.00.990.750.770.981.00.85-0.140.520.89-0.38
0.520.590.720.540.640.730.850.560.580.710.580.690.710.560.560.560.620.760.410.560.63-0.580.520.58-0.88
0.770.890.870.850.870.850.60.890.840.680.890.750.680.940.880.90.850.870.850.890.97-0.170.890.58-0.42
-0.44-0.44-0.57-0.37-0.49-0.53-0.7-0.43-0.43-0.73-0.44-0.45-0.73-0.32-0.43-0.43-0.45-0.56-0.27-0.41-0.410.7-0.38-0.88-0.42
Click cells to compare fundamentals

V2X Account Relationship Matchups

V2X fundamental ratios Accounts

201920202021202220232024 (projected)
Common Stock Shares Outstanding11.6M11.8M11.8M21.0M31.1M32.6M
Total Assets636.5M843.8M889.5M3.2B3.1B3.2B
Other Current Liab82.0M113.9M116.9M342.9M244.8M257.1M
Total Current Liabilities242.3M288.4M358.2M783.1M840.2M882.2M
Total Stockholder Equity261.4M304.9M350.1M997.1M990.8M1.0B
Property Plant And Equipment Net33.8M41.3M67.4M131.5M126.6M133.0M
Net Debt40.0M130.6M112.7M1.2B1.2B1.2B
Accounts Payable148.0M159.6M212.5M406.7M453.1M475.7M
Cash35.3M66.9M38.5M116.1M72.7M57.5M
Non Current Assets Total315.8M435.4M466.1M2.3B2.2B2.3B
Non Currrent Assets Other5.1M6.3M10.4M17.9M10.5M6.7M
Cash And Short Term Investments35.3M66.9M38.5M116.1M72.7M57.5M
Net Receivables269.2M315.0M348.6M728.6M706.0M362.0M
Good Will262.0M339.7M321.7M1.7B1.7B1.7B
Liabilities And Stockholders Equity636.5M843.8M889.5M3.2B3.1B3.2B
Non Current Liabilities Total132.8M250.5M181.1M1.5B1.3B1.3B
Inventory40.0M1.8M21.2M74.2M47.0M24.1M
Other Current Assets16.2M26.5M36.2M87.3M49.2M26.1M
Other Stockholder Equity78.8M82.8M88.1M748.9M762.3M800.4M
Total Liab375.1M538.9M539.4M2.2B2.1B2.2B
Total Current Assets320.7M408.4M423.3M931.9M874.9M451.6M
Accumulated Other Comprehensive Income(5.1M)(27K)(5.9M)(5.5M)(2.7M)(2.8M)
Short Term Debt12.2M14.8M22.4M29.4M29.0M23.5M
Short Long Term Debt Total75.3M197.6M151.2M1.3B1.2B1.3B
Retained Earnings187.6M222.0M267.8M253.4M230.9M168.0M
Common Stock115K116K117K305K312K166.0K
Other Assets1.4M13.7M15.6M17.9M20.5M21.6M
Property Plant Equipment55.4M25.5M47.2M78.7M90.5M95.0M
Long Term Debt63.0M168.8M94.2M1.3B1.1B1.2B
Long Term Debt Total63.0M168.8M94.2M1.3B1.5B1.5B
Capital Surpluse78.8M82.8M88.1M748.9M861.2M904.3M
Net Invested Capital330.9M482.3M454.7M2.3B2.1B1.1B
Short Long Term Debt6.5M8.6M10.4M11.9M15.4M10.5M
Capital Stock115K116K117K305K312K197.6K
Non Current Liabilities Other20.0M4.2M2.0M1.5B19.1M18.1M
Net Working Capital78.5M120.0M65.1M148.8M34.7M32.9M
Intangible Assets14.9M48.1M66.6M498.0M407.5M427.9M

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