VCI Change To Account Receivables vs Change To Netincome Analysis

VCIG Stock   1.87  0.15  8.72%   
VCI Global financial indicator trend analysis is much more than just breaking down VCI Global Limited prevalent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether VCI Global Limited is a good investment. Please check the relationship between VCI Global Change To Account Receivables and its Change To Netincome accounts. Check out World Market Map to better understand how to build diversified portfolios, which includes a position in VCI Global Limited. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in gross domestic product.

Change To Account Receivables vs Change To Netincome

Change To Account Receivables vs Change To Netincome Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of VCI Global Limited Change To Account Receivables account and Change To Netincome. At this time, the significance of the direction appears to have strong relationship.
The correlation between VCI Global's Change To Account Receivables and Change To Netincome is 0.76. Overlapping area represents the amount of variation of Change To Account Receivables that can explain the historical movement of Change To Netincome in the same time period over historical financial statements of VCI Global Limited, assuming nothing else is changed. The correlation between historical values of VCI Global's Change To Account Receivables and Change To Netincome is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Change To Account Receivables of VCI Global Limited are associated (or correlated) with its Change To Netincome. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Change To Netincome has no effect on the direction of Change To Account Receivables i.e., VCI Global's Change To Account Receivables and Change To Netincome go up and down completely randomly.

Correlation Coefficient

0.76
Relationship DirectionPositive 
Relationship StrengthSignificant

Change To Account Receivables

Change To Netincome

Most indicators from VCI Global's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into VCI Global Limited 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 VCI Global Limited. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in gross domestic product.
At this time, VCI Global's Sales General And Administrative To Revenue is most likely to increase slightly in the upcoming years. The VCI Global's current Enterprise Value is estimated to increase to about 31.1 B, while Enterprise Value Over EBITDA is projected to decrease to 531.46.
 2021 2022 2023 2024 (projected)
Gross Profit37.2M27.9M56.3M34.3M
Total Revenue47.5M35.6M90.8M48.8M

VCI Global fundamental ratios Correlations

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VCI Global Account Relationship Matchups

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When determining whether VCI Global Limited is a strong investment it is important to analyze VCI Global's competitive position within its industry, examining market share, product or service uniqueness, and competitive advantages. Beyond financials and market position, potential investors should also consider broader economic conditions, industry trends, and any regulatory or geopolitical factors that may impact VCI Global's future performance. For an informed investment choice regarding VCI Stock, refer to the following important reports:
Check out World Market Map to better understand how to build diversified portfolios, which includes a position in VCI Global Limited. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in gross domestic product.
You can also try the Price Transformation module to use Price Transformation models to analyze the depth of different equity instruments across global markets.
Is Environmental & Facilities Services space expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of VCI Global. If investors know VCI will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about VCI Global listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Quarterly Earnings Growth
(0.34)
Earnings Share
8.51
Revenue Per Share
96.7
Quarterly Revenue Growth
0.456
Return On Assets
0.1441
The market value of VCI Global Limited is measured differently than its book value, which is the value of VCI that is recorded on the company's balance sheet. Investors also form their own opinion of VCI Global's value that differs from its market value or its book value, called intrinsic value, which is VCI Global's true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because VCI Global's market value can be influenced by many factors that don't directly affect VCI Global's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between VCI Global's value and its price as these two are different measures arrived at by different means. Investors typically determine if VCI Global is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, VCI Global's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.