0R30 Non Currrent Assets Other vs Total Assets Analysis
| 0R30 Stock | 21.65 0.45 2.04% |
VF Corp financial indicator trend analysis is much more than just breaking down VF Corp prevalent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether VF Corp is a good investment. Please check the relationship between VF Corp Non Currrent Assets Other and its Total Assets accounts. Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in VF Corp. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in board of governors.
Non Currrent Assets Other vs Total Assets
Non Currrent Assets Other vs Total Assets Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of VF Corp Non Currrent Assets Other account and Total Assets. At this time, the significance of the direction appears to have very strong relationship.
The correlation between VF Corp's Non Currrent Assets Other and Total Assets is 0.88. Overlapping area represents the amount of variation of Non Currrent Assets Other that can explain the historical movement of Total Assets in the same time period over historical financial statements of VF Corp, assuming nothing else is changed. The correlation between historical values of VF Corp's Non Currrent Assets Other and Total Assets 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 Currrent Assets Other of VF Corp are associated (or correlated) with its Total Assets. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Total Assets has no effect on the direction of Non Currrent Assets Other i.e., VF Corp's Non Currrent Assets Other and Total Assets go up and down completely randomly.
Correlation Coefficient | 0.88 |
| Relationship Direction | Positive |
| Relationship Strength | Strong |
Non Currrent Assets Other
Assets that are not physical or tangible, expected to provide value for more than one year, and not easily converted into cash, such as long-term investments or patents.Total Assets
Total assets refers to the total amount of VF Corp assets owned. Assets are items that have some economic value and are expended over time to create a benefit for the owner. These assets are usually recorded in VF Corp books under different categories such as cash, marketable securities, accounts receivable,prepaid expenses, inventory, fixed assets, intangible assets, other assets, marketable securities, accounts receivable, prepaid expenses and others. The total value of all owned resources that are expected to provide future economic benefits to the business, including cash, investments, accounts receivable, inventory, property, plant, equipment, and intangible assets.Most indicators from VF Corp's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into VF Corp 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 Trending Equities to better understand how to build diversified portfolios, which includes a position in VF Corp. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in board of governors. Selling General Administrative is likely to drop to about 3.7 B in 2024. Tax Provision is likely to drop to about 8.1 M in 2024
| 2011 | 2012 | 2016 | 2023 (projected) | Total Revenue | 9.5B | 11.6B | 12.0B | 10.5B | Depreciation And Amortization | 198.7M | 262.3M | 277.0M | 319.2M |
VF Corp fundamental ratios Correlations
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VF Corp Account Relationship Matchups
High Positive Relationship
High Negative Relationship
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When running VF Corp's price analysis, check to measure VF Corp'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 VF Corp is operating at the current time. Most of VF Corp's value examination focuses on studying past and present price action to predict the probability of VF Corp's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move VF Corp's price. Additionally, you may evaluate how the addition of VF Corp to your portfolios can decrease your overall portfolio volatility.