Vinyl Common Stock Shares Outstanding vs Inventory Analysis

VINYLINDIA   336.25  0.10  0.03%   
Vinyl Chemicals financial indicator trend analysis is much more than just breaking down Vinyl Chemicals prevalent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Vinyl Chemicals is a good investment. Please check the relationship between Vinyl Chemicals Common Stock Shares Outstanding and its Inventory accounts. Check out World Market Map to better understand how to build diversified portfolios, which includes a position in Vinyl Chemicals 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 bureau of economic analysis.

Common Stock Shares Outstanding vs Inventory

Common Stock Shares Outstanding vs Inventory Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Vinyl Chemicals Common Stock Shares Outstanding account and Inventory. At this time, the significance of the direction appears to have pay attention.
The correlation between Vinyl Chemicals' Common Stock Shares Outstanding and Inventory is -0.76. Overlapping area represents the amount of variation of Common Stock Shares Outstanding that can explain the historical movement of Inventory in the same time period over historical financial statements of Vinyl Chemicals Limited, assuming nothing else is changed. The correlation between historical values of Vinyl Chemicals' Common Stock Shares Outstanding and 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 Common Stock Shares Outstanding of Vinyl Chemicals Limited are associated (or correlated) with its Inventory. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Inventory has no effect on the direction of Common Stock Shares Outstanding i.e., Vinyl Chemicals' Common Stock Shares Outstanding and Inventory go up and down completely randomly.

Correlation Coefficient

-0.76
Relationship DirectionNegative 
Relationship StrengthWeak

Common Stock Shares Outstanding

The total number of shares of a company's common stock that are currently owned by all its shareholders.

Inventory

Most indicators from Vinyl Chemicals' fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Vinyl Chemicals 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 Vinyl Chemicals 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 bureau of economic analysis.
As of the 28th of December 2024, Selling General Administrative is likely to grow to about 11 M, while Tax Provision is likely to drop about 71.6 M.
 2021 2022 2023 2024 (projected)
Interest Expense349K13.5M488K463.6K
Depreciation And Amortization57K1.0M1.0M1.1M

Vinyl Chemicals fundamental ratios Correlations

-0.260.940.870.38-0.360.940.33-0.17-0.120.630.79-0.710.450.940.13-0.030.941.0-0.54-0.290.60.880.340.72-0.8
-0.26-0.2-0.3-0.020.19-0.2-0.190.890.82-0.45-0.060.080.16-0.23-0.120.1-0.2-0.270.06-0.28-0.37-0.3-0.21-0.340.11
0.94-0.20.650.19-0.51.00.47-0.21-0.210.520.88-0.670.420.820.160.01.00.94-0.5-0.250.450.670.320.5-0.67
0.87-0.30.650.58-0.070.640.06-0.080.040.670.49-0.620.380.910.05-0.080.650.87-0.47-0.280.680.990.290.89-0.81
0.38-0.020.190.580.180.19-0.190.130.20.190.14-0.310.030.56-0.040.050.190.38-0.05-0.170.220.610.020.62-0.75
-0.360.19-0.5-0.070.18-0.51-1.00.360.35-0.12-0.540.1-0.16-0.3-0.020.61-0.49-0.360.070.090.04-0.070.02-0.050.23
0.94-0.21.00.640.19-0.510.49-0.22-0.220.520.88-0.670.420.810.14-0.011.00.94-0.5-0.240.450.660.330.49-0.67
0.33-0.190.470.06-0.19-1.00.49-0.35-0.350.150.51-0.040.20.280.02-0.620.470.340.0-0.1-0.020.05-0.010.07-0.2
-0.170.89-0.21-0.080.130.36-0.22-0.350.92-0.25-0.11-0.040.32-0.12-0.020.21-0.21-0.180.02-0.37-0.14-0.07-0.12-0.110.07
-0.120.82-0.210.040.20.35-0.22-0.350.92-0.26-0.14-0.090.32-0.020.040.18-0.21-0.13-0.15-0.37-0.160.04-0.18-0.08-0.1
0.63-0.450.520.670.19-0.120.520.15-0.25-0.260.21-0.130.450.460.190.030.520.640.010.090.980.630.520.79-0.34
0.79-0.060.880.490.14-0.540.880.51-0.11-0.140.21-0.60.430.74-0.11-0.070.880.79-0.45-0.570.130.510.20.31-0.62
-0.710.08-0.67-0.62-0.310.1-0.67-0.04-0.04-0.09-0.13-0.6-0.01-0.76-0.02-0.03-0.67-0.710.890.21-0.15-0.69-0.1-0.290.61
0.450.160.420.380.03-0.160.420.20.320.320.450.43-0.010.30.180.160.430.450.02-0.570.430.320.470.36-0.23
0.94-0.230.820.910.56-0.30.810.28-0.12-0.020.460.74-0.760.30.05-0.150.820.94-0.57-0.340.420.930.110.74-0.9
0.13-0.120.160.05-0.04-0.020.140.02-0.020.040.19-0.11-0.020.180.050.320.160.13-0.010.240.170.040.090.010.03
-0.030.10.0-0.080.050.61-0.01-0.620.210.180.03-0.07-0.030.16-0.150.320.0-0.04-0.020.090.14-0.070.25-0.10.13
0.94-0.21.00.650.19-0.491.00.47-0.21-0.210.520.88-0.670.430.820.160.00.94-0.5-0.250.450.670.330.5-0.67
1.0-0.270.940.870.38-0.360.940.34-0.18-0.130.640.79-0.710.450.940.13-0.040.94-0.54-0.280.60.880.340.72-0.8
-0.540.06-0.5-0.47-0.050.07-0.50.00.02-0.150.01-0.450.890.02-0.57-0.01-0.02-0.5-0.540.15-0.02-0.52-0.09-0.050.45
-0.29-0.28-0.25-0.28-0.170.09-0.24-0.1-0.37-0.370.09-0.570.21-0.57-0.340.240.09-0.25-0.280.150.11-0.250.02-0.120.34
0.6-0.370.450.680.220.040.45-0.02-0.14-0.160.980.13-0.150.430.420.170.140.450.6-0.020.110.640.530.79-0.32
0.88-0.30.670.990.61-0.070.660.05-0.070.040.630.51-0.690.320.930.04-0.070.670.88-0.52-0.250.640.260.87-0.83
0.34-0.210.320.290.020.020.33-0.01-0.12-0.180.520.2-0.10.470.110.090.250.330.34-0.090.020.530.260.28-0.05
0.72-0.340.50.890.62-0.050.490.07-0.11-0.080.790.31-0.290.360.740.01-0.10.50.72-0.05-0.120.790.870.28-0.68
-0.80.11-0.67-0.81-0.750.23-0.67-0.20.07-0.1-0.34-0.620.61-0.23-0.90.030.13-0.67-0.80.450.34-0.32-0.83-0.05-0.68
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Vinyl Chemicals Account Relationship Matchups

Vinyl Chemicals fundamental ratios Accounts

201920202021202220232024 (projected)
Total Assets1.6B2.7B1.6B1.8B3.1B3.2B
Other Current Liab20.1M39.1M(23.1M)52.3M49.9M40.0M
Total Current Liabilities938.1M2.0B649.7M615.5M1.9B2.0B
Total Stockholder Equity611.5M680.9M960.3M1.1B1.2B1.2B
Property Plant And Equipment Net2.1M2.0M2.0M6.4M5.8M3.0M
Net Debt(101.4M)(104.8M)7.5M(1.9M)(42.1M)(44.3M)
Accounts Payable918.0M2.0B571.5M563.2M1.8B1.9B
Cash106.3M109.7M440K6.8M47.1M38.5M
Non Current Assets Total8.8M6.9M11.3M13.7M14.9M11.4M
Non Currrent Assets Other6.3M4.9M9.1M18.4M7.4M13.4M
Cash And Short Term Investments580.5M655.6M779.6M416.8M621.5M319.5M
Net Receivables475.1M1.1B112.1M312.7M1.1B1.1B
Liabilities And Stockholders Equity1.6B2.7B1.6B1.8B3.1B3.2B
Non Current Liabilities Total6.3M10.2M7.1M7.5M7.1M6.3M
Inventory478.2M732.2M529.7M846.2M1.2B1.3B
Other Current Assets13.3M176.6M184.4M166.7M155.3M134.6M
Other Stockholder Equity(606.0M)122.8M122.8M(2K)1.01.05
Total Liab944.4M2.0B656.7M623M1.9B2.0B
Total Current Assets1.5B2.7B1.6B1.7B3.0B3.2B
Accumulated Other Comprehensive Income(230.9K)(299.2K)122.8M122.8M5.5M5.2M
Short Long Term Debt Total5.7M6.3M8.0M4.9M4.9M5.1M
Short Term Investments474.2M545.9M779.1M410M574.4M318.4M
Retained Earnings470.4M539.7M819.1M992.0M1.1B1.2B
Other Liab907.9K1.3M5.3M2.1M2.4M2.7M
Net Tangible Assets590.3M611.5M680.8M960.3M1.1B599.2M
Other Assets6.7M4.9M9.3M282K1.4M1.4M
Short Term Debt703.2K1.3M(95.1M)0.0(1.4M)(1.5M)
Property Plant Equipment2.1M2M2.0M6.4M7.4M7.7M
Current Deferred Revenue703.2K1.3M74.3M1.4M1.6M1.5M
Net Invested Capital616.4M685.7M968.1M1.1B1.2B901.4M
Net Working Capital609.0M684.1M956M1.1B1.2B892.0M

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Other Information on Investing in Vinyl Stock

Balance Sheet is a snapshot of the financial position of Vinyl Chemicals at a specified time, usually calculated after every quarter, six months, or one year. Vinyl Chemicals Balance Sheet has two main parts: assets and liabilities. Liabilities are the debts or obligations of Vinyl Chemicals 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 Vinyl currently owns. An asset can also be divided into two categories, current and non-current.