0R30 Total Current Liabilities vs Depreciation And Amortization Analysis
| 0R30 Stock | 21.65 0.64 2.87% |
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 Total Current Liabilities and its Depreciation And Amortization 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.
Total Current Liabilities vs Depreciation And Amortization
Total Current Liabilities vs Depreciation And Amortization Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of VF Corp Total Current Liabilities account and Depreciation And Amortization. At this time, the significance of the direction appears to have strong relationship.
The correlation between VF Corp's Total Current Liabilities and Depreciation And Amortization is 0.67. Overlapping area represents the amount of variation of Total Current Liabilities that can explain the historical movement of Depreciation And Amortization 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 Total Current Liabilities and Depreciation And Amortization is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Total Current Liabilities of VF Corp are associated (or correlated) with its Depreciation And Amortization. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Depreciation And Amortization has no effect on the direction of Total Current Liabilities i.e., VF Corp's Total Current Liabilities and Depreciation And Amortization go up and down completely randomly.
Correlation Coefficient | 0.67 |
| Relationship Direction | Positive |
| Relationship Strength | Significant |
Total Current Liabilities
Total Current Liabilities is an item on VF Corp balance sheet that include short term debt, accounts payable, accrued salaries payable, payroll taxes payable, accrued liabilities and other debts. Total Current Liabilities of VF Corp are important to investors because some useful performance ratios such as Current Ratio and Quick Ratio require Total Current Liabilities to be accurate. The total amount of liabilities that a company is expected to pay within one year, including debts, accounts payable, and other short-term financial obligations.Depreciation And Amortization
The systematic reduction in the recorded value of an intangible asset. This includes the allocation of the cost of tangible assets to periods in which the assets are used, representing the expense related to the wear and tear, deterioration, or obsolescence of physical assets and intangible assets over their useful lives.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.