Vicor Other Current Assets vs Short Long Term Debt Total Analysis

VICR Stock  USD 53.21  0.11  0.21%   
Vicor financial indicator trend analysis is much more than just breaking down Vicor prevalent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Vicor is a good investment. Please check the relationship between Vicor Other Current Assets and its Short Long Term Debt Total accounts. Check out World Market Map to better understand how to build diversified portfolios, which includes a position in Vicor. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in main economic indicators.
To learn how to invest in Vicor Stock, please use our How to Invest in Vicor guide.

Other Current Assets vs Short Long Term Debt Total

Other Current Assets vs Short Long Term Debt Total Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Vicor Other Current Assets account and Short Long Term Debt Total. At this time, the significance of the direction appears to have fragmental relationship.
The correlation between Vicor's Other Current Assets and Short Long Term Debt Total is 0.46. Overlapping area represents the amount of variation of Other Current Assets that can explain the historical movement of Short Long Term Debt Total in the same time period over historical financial statements of Vicor, assuming nothing else is changed. The correlation between historical values of Vicor's Other Current Assets and Short Long Term Debt Total 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 Assets of Vicor are associated (or correlated) with its Short Long Term Debt Total. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Short Long Term Debt Total has no effect on the direction of Other Current Assets i.e., Vicor's Other Current Assets and Short Long Term Debt Total go up and down completely randomly.

Correlation Coefficient

0.46
Relationship DirectionPositive 
Relationship StrengthWeak

Other Current Assets

Assets expected to be converted into cash, sold, or consumed either in one year or in the operating cycle, which are not included under standard current asset categories.

Short Long Term Debt Total

Most indicators from Vicor's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Vicor 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 Vicor. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in main economic indicators.
To learn how to invest in Vicor Stock, please use our How to Invest in Vicor guide.At this time, Vicor's Tax Provision is relatively stable compared to the past year. As of 11/30/2024, Sales General And Administrative To Revenue is likely to grow to 0.26, while Selling General Administrative is likely to drop slightly above 55.6 M.
 2021 2022 2023 2024 (projected)
Gross Profit178.2M180.6M204.9M215.2M
Total Revenue359.4M399.1M405.1M211.5M

Vicor fundamental ratios Correlations

0.69-0.250.731.00.98-0.990.980.990.980.790.970.750.940.820.980.850.280.980.941.00.60.640.640.36-0.09
0.690.070.810.690.76-0.690.70.660.730.520.60.830.650.480.740.460.10.740.690.670.530.630.580.32-0.2
-0.250.07-0.28-0.26-0.230.27-0.11-0.27-0.160.17-0.39-0.16-0.270.07-0.120.080.29-0.16-0.33-0.290.32-0.42-0.1-0.51-0.32
0.730.81-0.280.720.75-0.720.680.690.680.280.710.970.750.280.740.35-0.340.790.70.750.470.940.570.78-0.28
1.00.69-0.260.720.98-0.990.981.00.970.780.980.740.940.820.970.850.290.970.941.00.60.630.640.36-0.09
0.980.76-0.230.750.98-0.960.960.960.990.790.910.760.890.80.980.80.280.980.970.960.530.650.630.35-0.03
-0.99-0.690.27-0.72-0.99-0.96-0.97-1.0-0.96-0.76-0.98-0.73-0.94-0.8-0.95-0.84-0.3-0.95-0.91-0.99-0.62-0.62-0.66-0.340.11
0.980.7-0.110.680.980.96-0.970.970.980.830.930.730.940.840.970.870.360.960.910.970.690.580.580.26-0.17
0.990.66-0.270.691.00.96-1.00.970.960.790.980.70.930.830.960.860.330.960.920.990.60.590.650.32-0.08
0.980.73-0.160.680.970.99-0.960.980.960.860.910.70.880.870.980.860.390.970.960.950.560.560.610.24-0.01
0.790.520.170.280.780.79-0.760.830.790.860.680.340.640.970.830.930.70.780.750.740.480.140.46-0.190.12
0.970.6-0.390.710.980.91-0.980.930.980.910.680.710.930.740.910.80.230.920.880.990.580.640.640.42-0.11
0.750.83-0.160.970.740.76-0.730.730.70.70.340.710.80.320.760.4-0.270.790.70.760.590.920.520.71-0.37
0.940.65-0.270.750.940.89-0.940.940.930.880.640.930.80.660.90.710.10.90.820.950.670.690.480.48-0.23
0.820.480.070.280.820.8-0.80.840.830.870.970.740.320.660.830.970.710.790.770.780.460.120.57-0.160.15
0.980.74-0.120.740.970.98-0.950.970.960.980.830.910.760.90.830.850.270.990.930.960.590.620.630.35-0.07
0.850.460.080.350.850.8-0.840.870.860.860.930.80.40.710.970.850.610.820.760.830.60.20.63-0.05-0.04
0.280.10.29-0.340.290.28-0.30.360.330.390.70.23-0.270.10.710.270.610.20.30.230.23-0.450.15-0.780.17
0.980.74-0.160.790.970.98-0.950.960.960.970.780.920.790.90.790.990.820.20.930.970.580.680.670.42-0.1
0.940.69-0.330.70.940.97-0.910.910.920.960.750.880.70.820.770.930.760.30.930.910.410.630.630.310.08
1.00.67-0.290.751.00.96-0.990.970.990.950.740.990.760.950.780.960.830.230.970.910.610.660.650.41-0.12
0.60.530.320.470.60.53-0.620.690.60.560.480.580.590.670.460.590.60.230.580.410.610.370.340.1-0.78
0.640.63-0.420.940.630.65-0.620.580.590.560.140.640.920.690.120.620.2-0.450.680.630.660.370.430.83-0.27
0.640.58-0.10.570.640.63-0.660.580.650.610.460.640.520.480.570.630.630.150.670.630.650.340.430.290.0
0.360.32-0.510.780.360.35-0.340.260.320.24-0.190.420.710.48-0.160.35-0.05-0.780.420.310.410.10.830.29-0.16
-0.09-0.2-0.32-0.28-0.09-0.030.11-0.17-0.08-0.010.12-0.11-0.37-0.230.15-0.07-0.040.17-0.10.08-0.12-0.78-0.270.0-0.16
Click cells to compare fundamentals

Vicor Account Relationship Matchups

Vicor fundamental ratios Accounts

201920202021202220232024 (projected)
Total Assets240.7M396.2M477.2M536.9M613.4M644.0M
Other Current Liab13.9M3.2M(2.8M)5.4M14.2M9.1M
Total Current Liabilities29.9M40.5M49.1M64.5M44.2M25.8M
Total Stockholder Equity205.6M350.8M423.6M464.1M540.9M567.9M
Property Plant And Equipment Net57.0M74.8M116.0M166.0M157.7M165.6M
Net Debt(80.3M)(157.1M)(177.6M)(182.2M)(234.0M)(222.3M)
Retained Earnings143.1M161.0M217.6M243.1M296.7M311.5M
Cash84.7M161.7M182.4M190.6M242.2M254.3M
Non Current Assets Total61.7M79.3M120.4M174.3M193.0M202.6M
Non Currrent Assets Other1.5M1.3M1.3M5.1M13.8M14.5M
Cash And Short Term Investments84.7M211.9M227.6M190.6M242.2M254.3M
Net Receivables38.1M41.0M55.1M65.4M52.6M32.3M
Common Stock Shares Outstanding41.7M43.9M45.0M44.9M45.0M45.6M
Liabilities And Stockholders Equity240.7M396.2M477.2M536.9M613.4M644.0M
Non Current Liabilities Total4.9M4.6M4.2M8.0M28.1M29.5M
Inventory49.2M57.3M67.3M101.4M106.6M111.9M
Other Current Assets7.1M6.8M6.7M5.2M18.9M19.9M
Total Liab34.9M45.1M53.3M72.6M72.2M75.9M
Property Plant And Equipment Gross57.0M74.8M364.2M424.6M408.0M428.4M
Total Current Assets179.1M316.9M356.8M362.6M420.4M441.4M
Accumulated Other Comprehensive Income(383K)(204K)(1.3M)(988K)(1.3M)(1.3M)
Accounts Payable9.0M14.1M21.2M22.2M12.1M9.5M
Common Stock Total Equity520K523K551K557K640.6K547.5K
Common Stock201.8M328.9M346.2M360.9M563K534.9K
Other Assets1.7M1.9M1.8M5.4M4.9M5.1M
Property Plant Equipment57.0M74.8M116.0M166.0M149.4M156.9M
Current Deferred Revenue5.5M7.3M7.9M13.2M3.2M3.2M
Intangible Assets509K425K332K258K192K182.4K
Other Liab2.1M1.6M982K1.0M906.3K1.4M
Net Tangible Assets205.6M350.8M423.6M463.8M533.4M560.1M
Noncontrolling Interest In Consolidated Entity434K308K335K306K275.4K261.6K
Retained Earnings Total Equity129M143.1M161.0M217.6M250.3M141.0M
Capital Surpluse193.5M201.3M328.4M345.7M397.5M227.6M
Long Term Investments2.5M2.5M2.6M2.6M2.5M2.9M

Pair Trading with Vicor

One of the main advantages of trading using pair correlations is that every trade hedges away some risk. Because there are two separate transactions required, even if Vicor position performs unexpectedly, the other equity can make up some of the losses. Pair trading also minimizes risk from directional movements in the market. For example, if an entire industry or sector drops because of unexpected headlines, the short position in Vicor will appreciate offsetting losses from the drop in the long position's value.

Moving together with Vicor Stock

  0.94FLEX FlexPairCorr
  0.92APH Amphenol Sell-off TrendPairCorr

Moving against Vicor Stock

  0.8HOLO MicroCloud HologramPairCorr
  0.57OST Ostin TechnologyPairCorr
  0.33MEI Methode Electronics Earnings Call This WeekPairCorr
The ability to find closely correlated positions to Vicor could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Vicor when you sell it. If you don't do this, your portfolio allocation will be skewed against your target asset allocation. So, investors can't just sell and buy back Vicor - that would be a violation of the tax code under the "wash sale" rule, and this is why you need to find a similar enough asset and use the proceeds from selling Vicor to buy it.
The correlation of Vicor is a statistical measure of how it moves in relation to other instruments. This measure is expressed in what is known as the correlation coefficient, which ranges between -1 and +1. A perfect positive correlation (i.e., a correlation coefficient of +1) implies that as Vicor moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Vicor moves in either direction, the perfectly negatively correlated security will move in the opposite direction. If the correlation is 0, the equities are not correlated; they are entirely random. A correlation greater than 0.8 is generally described as strong, whereas a correlation less than 0.5 is generally considered weak.
Correlation analysis and pair trading evaluation for Vicor can also be used as hedging techniques within a particular sector or industry or even over random equities to generate a better risk-adjusted return on your portfolios.
Pair CorrelationCorrelation Matching

Additional Tools for Vicor Stock Analysis

When running Vicor's price analysis, check to measure Vicor'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 Vicor is operating at the current time. Most of Vicor's value examination focuses on studying past and present price action to predict the probability of Vicor's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Vicor's price. Additionally, you may evaluate how the addition of Vicor to your portfolios can decrease your overall portfolio volatility.