Vats Depreciation vs Change To Inventory Analysis

300755 Stock   17.84  0.49  2.82%   
Vats Liquor financial indicator trend analysis is much more than just breaking down Vats Liquor Chain prevalent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Vats Liquor Chain is a good investment. Please check the relationship between Vats Liquor Depreciation and its Change To Inventory accounts. Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in Vats Liquor Chain. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in nation.

Depreciation vs Change To Inventory

Depreciation vs Change To Inventory Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Vats Liquor Chain Depreciation account and Change To Inventory. At this time, the significance of the direction appears to have significant contrarian relationship.
The correlation between Vats Liquor's Depreciation and Change To Inventory is -0.31. Overlapping area represents the amount of variation of Depreciation that can explain the historical movement of Change To Inventory in the same time period over historical financial statements of Vats Liquor Chain, assuming nothing else is changed. The correlation between historical values of Vats Liquor's Depreciation and Change To Inventory is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Depreciation of Vats Liquor Chain are associated (or correlated) with its Change To Inventory. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Change To Inventory has no effect on the direction of Depreciation i.e., Vats Liquor's Depreciation and Change To Inventory go up and down completely randomly.

Correlation Coefficient

-0.31
Relationship DirectionNegative 
Relationship StrengthInsignificant

Depreciation

Depreciation indicates how much of Vats Liquor Chain value has been used up. For tax purposes Vats Liquor can deduct the cost of the tangible assets it purchases as business expenses. However, Vats Liquor Chain must depreciate these assets in accordance with IRS rules about how and when the deduction may be taken, and how long it will last. The systematic allocation of the cost of a tangible asset over its useful life.

Change To Inventory

The increase or decrease in the amount of inventory a company has over a certain period.
Most indicators from Vats Liquor's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Vats Liquor Chain 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 Vats Liquor Chain. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in nation.
As of January 1, 2025, Tax Provision is expected to decline to about 19.3 M. In addition to that, Selling General Administrative is expected to decline to about 430.7 M
 2021 2022 2023 2024 (projected)
Gross Profit1.6B1.2B1.1B1.3B
Total Revenue7.5B8.7B10.1B5.8B

Vats Liquor fundamental ratios Correlations

0.210.960.960.960.980.930.830.11-0.180.86-0.20.990.61-0.060.910.50.851.00.810.960.890.820.890.980.96
0.210.330.090.070.090.350.1-0.34-0.310.30.470.090.820.380.20.19-0.040.220.070.260.08-0.22-0.070.040.1
0.960.330.850.840.890.970.660.09-0.190.860.040.920.71-0.140.950.320.870.960.690.870.740.80.730.890.84
0.960.090.851.00.990.820.920.11-0.160.79-0.410.970.480.020.810.630.760.970.860.970.970.770.960.991.0
0.960.070.841.00.980.80.90.11-0.160.8-0.40.970.450.00.80.610.780.960.870.960.970.760.960.980.99
0.980.090.890.990.980.880.860.18-0.10.83-0.371.00.510.020.870.580.80.980.830.950.920.80.920.990.98
0.930.350.970.820.80.880.640.18-0.080.81-0.060.90.770.00.950.290.790.930.610.830.680.730.660.850.8
0.830.10.660.920.90.860.640.02-0.180.57-0.530.820.430.040.610.670.570.840.840.910.970.580.930.880.93
0.11-0.340.090.110.110.180.180.020.95-0.03-0.320.22-0.05-0.080.4-0.150.210.110.34-0.04-0.010.10.010.130.08
-0.18-0.31-0.19-0.16-0.16-0.1-0.08-0.180.95-0.28-0.27-0.06-0.160.00.13-0.27-0.06-0.170.13-0.29-0.24-0.2-0.24-0.15-0.19
0.860.30.860.790.80.830.810.57-0.03-0.280.050.850.510.140.770.460.650.850.630.780.70.690.710.80.79
-0.20.470.04-0.41-0.4-0.37-0.06-0.53-0.32-0.270.05-0.310.14-0.31-0.06-0.41-0.02-0.21-0.31-0.28-0.45-0.1-0.43-0.32-0.39
0.990.090.920.970.971.00.90.820.22-0.060.85-0.310.53-0.020.910.510.830.980.830.930.890.820.90.980.96
0.610.820.710.480.450.510.770.43-0.05-0.160.510.140.530.250.640.230.40.620.350.60.40.20.280.470.47
-0.060.38-0.140.020.00.020.00.04-0.080.00.14-0.31-0.020.25-0.160.46-0.51-0.05-0.110.020.01-0.41-0.1-0.130.01
0.910.20.950.810.80.870.950.610.40.130.77-0.060.910.64-0.160.240.870.910.730.790.670.770.670.860.79
0.50.190.320.630.610.580.290.67-0.15-0.270.46-0.410.510.230.460.240.110.50.540.680.680.30.650.540.65
0.85-0.040.870.760.780.80.790.570.21-0.060.65-0.020.830.4-0.510.870.110.840.690.740.680.850.710.850.74
1.00.220.960.970.960.980.930.840.11-0.170.85-0.210.980.62-0.050.910.50.840.810.960.90.810.890.980.96
0.810.070.690.860.870.830.610.840.340.130.63-0.310.830.35-0.110.730.540.690.810.810.870.570.850.850.86
0.960.260.870.970.960.950.830.91-0.04-0.290.78-0.280.930.60.020.790.680.740.960.810.950.740.920.960.97
0.890.080.740.970.970.920.680.97-0.01-0.240.7-0.450.890.40.010.670.680.680.90.870.950.670.980.940.98
0.82-0.220.80.770.760.80.730.580.1-0.20.69-0.10.820.2-0.410.770.30.850.810.570.740.670.780.850.77
0.89-0.070.730.960.960.920.660.930.01-0.240.71-0.430.90.28-0.10.670.650.710.890.850.920.980.780.950.97
0.980.040.890.990.980.990.850.880.13-0.150.8-0.320.980.47-0.130.860.540.850.980.850.960.940.850.950.98
0.960.10.841.00.990.980.80.930.08-0.190.79-0.390.960.470.010.790.650.740.960.860.970.980.770.970.98
Click cells to compare fundamentals

Vats Liquor Account Relationship Matchups

Vats Liquor fundamental ratios Accounts

201920202021202220232024 (projected)
Total Assets4.1B4.3B6.8B8.4B7.3B5.2B
Other Current Liab460.1M592.5M1.0B979.7M59.1M56.2M
Total Current Liabilities1.6B1.5B3.3B4.7B3.3B2.4B
Total Stockholder Equity2.5B2.8B3.4B3.6B3.8B2.7B
Net Tangible Assets2.5B2.8B3.4B3.6B4.2B2.5B
Retained Earnings1.2B1.5B2.1B2.4B2.3B1.6B
Accounts Payable425.6M340.0M1.6B2.2B1.1B917.4M
Cash1.4B1.2B1.1B1.2B1.1B1.0B
Non Current Assets Total123.1M179.6M330.5M499.0M578.9M455.3M
Non Currrent Assets Other2.7B123.1M61.1M4.5M17.9M17.0M
Other Assets69.4M89.7M165.0M129.6M149.1M105.7M
Net Receivables138.6M119.8M238.0M293.2M208.0M217.3M
Inventory1.7B1.9B3.0B3.4B3.4B2.3B
Other Current Assets850.9M841.5M2.1B3.0B135.9M129.1M
Other Stockholder Equity(2.4M)(180.9K)824.6K(2.5M)(2.8M)(2.7M)
Total Liab1.6B1.5B3.3B4.7B3.3B2.6B
Deferred Long Term Liab20.5M53.0M35.8M23.9M27.5M28.9M
Short Long Term Debt594M359.1M524.1M1.4B1.3B740.5M
Total Current Assets4.0B4.1B6.5B7.9B6.7B4.9B
Intangible Assets4.4M6.7M6.9M9.3M7.1M5.0M
Property Plant Equipment9.3M43.2M98.1M299.6M344.6M361.8M
Net Invested Capital3.1B3.2B3.9B5.0B5.1B3.7B
Net Working Capital2.4B2.7B3.2B3.3B3.4B2.7B

Also Currently Popular

Analyzing currently trending equities could be an opportunity to develop a better portfolio based on different market momentums that they can trigger. Utilizing the top trending stocks is also useful when creating a market-neutral strategy or pair trading technique involving a short or a long position in a currently trending equity.

Other Information on Investing in Vats Stock

Balance Sheet is a snapshot of the financial position of Vats Liquor Chain at a specified time, usually calculated after every quarter, six months, or one year. Vats Liquor Balance Sheet has two main parts: assets and liabilities. Liabilities are the debts or obligations of Vats Liquor and are divided into current liabilities and long term liabilities. An asset, on the other hand, is anything of value that can be converted into cash and which Vats currently owns. An asset can also be divided into two categories, current and non-current.