Vicinity Free Cash Flow Yield vs Ptb Ratio Analysis

VMC Stock  CAD 0.07  0.00  0.00%   
Vicinity financial indicator trend analysis is much more than just breaking down Vicinity Motor Corp prevalent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Vicinity Motor Corp is a good investment. Please check the relationship between Vicinity Free Cash Flow Yield and its Ptb Ratio accounts. Check out World Market Map to better understand how to build diversified portfolios, which includes a position in Vicinity Motor 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.

Free Cash Flow Yield vs Ptb Ratio

Free Cash Flow Yield vs Ptb Ratio Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Vicinity Motor Corp Free Cash Flow Yield account and Ptb Ratio. At this time, the significance of the direction appears to have no relationship.
The correlation between Vicinity's Free Cash Flow Yield and Ptb Ratio is 0.06. Overlapping area represents the amount of variation of Free Cash Flow Yield that can explain the historical movement of Ptb Ratio in the same time period over historical financial statements of Vicinity Motor Corp, assuming nothing else is changed. The correlation between historical values of Vicinity's Free Cash Flow Yield and Ptb Ratio is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Free Cash Flow Yield of Vicinity Motor Corp are associated (or correlated) with its Ptb Ratio. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Ptb Ratio has no effect on the direction of Free Cash Flow Yield i.e., Vicinity's Free Cash Flow Yield and Ptb Ratio go up and down completely randomly.

Correlation Coefficient

0.06
Relationship DirectionPositive 
Relationship StrengthInsignificant

Free Cash Flow Yield

A financial solvency ratio that compares the free cash flow per share a company is expected to earn against its market value per share, calculated as free cash flow per share divided by market price per share.

Ptb Ratio

Price-to-Book ratio, a financial valuation metric used to compare a company's current market price to its book value. It provides insight into the value that market participants place on the company's equity relative to its net asset value.
Most indicators from Vicinity's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Vicinity Motor 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 World Market Map to better understand how to build diversified portfolios, which includes a position in Vicinity Motor 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.
Sales General And Administrative To Revenue is likely to climb to 0.62 in 2024, whereas Selling General Administrative is likely to drop slightly above 9.5 M in 2024.
 2021 2022 2023 2024 (projected)
Gross Profit4.2M440K2.1M3.7M
Total Revenue41.7M18.5M19.1M29.1M

Vicinity fundamental ratios Correlations

-0.240.640.41-0.58-0.820.7-0.83-0.63-0.130.760.62-0.580.820.67-0.04-0.340.690.890.73-0.15-0.790.570.820.740.82
-0.24-0.09-0.050.320.09-0.530.530.270.72-0.14-0.440.24-0.41-0.49-0.240.33-0.21-0.23-0.430.120.230.23-0.16-0.26-0.33
0.64-0.09-0.420.16-0.370.59-0.310.090.280.040.080.170.140.650.490.340.980.230.660.63-0.2-0.140.180.080.13
0.41-0.05-0.42-0.79-0.570.07-0.56-0.82-0.340.860.53-0.820.77-0.01-0.76-0.69-0.380.770.04-0.91-0.710.90.750.770.8
-0.580.320.16-0.790.64-0.480.770.90.69-0.81-0.860.98-0.85-0.30.290.890.04-0.82-0.40.80.79-0.73-0.8-0.84-0.85
-0.820.09-0.37-0.570.64-0.570.790.710.18-0.82-0.50.68-0.8-0.470.320.34-0.37-0.86-0.590.420.88-0.74-0.81-0.79-0.84
0.7-0.530.590.07-0.48-0.57-0.84-0.52-0.390.380.61-0.370.550.960.16-0.30.660.550.99-0.06-0.680.150.450.640.53
-0.830.53-0.31-0.560.770.79-0.840.860.53-0.8-0.80.71-0.9-0.780.250.61-0.39-0.88-0.80.490.93-0.58-0.81-0.93-0.89
-0.630.270.09-0.820.90.71-0.520.860.59-0.91-0.870.86-0.9-0.440.530.850.01-0.87-0.470.810.93-0.82-0.89-0.97-0.91
-0.130.720.28-0.340.690.18-0.390.530.59-0.35-0.740.63-0.52-0.23-0.060.80.14-0.34-0.240.560.38-0.13-0.38-0.45-0.47
0.76-0.140.040.86-0.81-0.820.38-0.8-0.91-0.350.73-0.830.950.32-0.57-0.680.080.960.36-0.71-0.910.910.970.920.97
0.62-0.440.080.53-0.86-0.50.61-0.8-0.87-0.740.73-0.790.820.51-0.1-0.910.210.750.53-0.56-0.750.540.810.810.79
-0.580.240.17-0.820.980.68-0.370.710.860.63-0.83-0.79-0.86-0.180.290.840.06-0.83-0.30.790.75-0.77-0.82-0.79-0.86
0.82-0.410.140.77-0.85-0.80.55-0.9-0.9-0.520.950.82-0.860.46-0.36-0.720.220.970.5-0.64-0.90.760.950.911.0
0.67-0.490.65-0.01-0.3-0.470.96-0.78-0.44-0.230.320.51-0.180.460.1-0.160.690.470.970.05-0.620.080.380.590.44
-0.04-0.240.49-0.760.290.320.160.250.53-0.06-0.57-0.10.29-0.360.10.290.56-0.380.140.720.49-0.72-0.39-0.53-0.41
-0.340.330.34-0.690.890.34-0.30.610.850.8-0.68-0.910.84-0.72-0.160.290.21-0.63-0.190.790.61-0.6-0.7-0.72-0.7
0.69-0.210.98-0.380.04-0.370.66-0.390.010.140.080.210.060.220.690.560.210.290.710.57-0.24-0.140.240.140.2
0.89-0.230.230.77-0.82-0.860.55-0.88-0.87-0.340.960.75-0.830.970.47-0.38-0.630.290.53-0.57-0.920.830.970.910.98
0.73-0.430.660.04-0.4-0.590.99-0.8-0.47-0.240.360.53-0.30.50.970.14-0.190.710.530.01-0.670.160.420.610.49
-0.150.120.63-0.910.80.42-0.060.490.810.56-0.71-0.560.79-0.640.050.720.790.57-0.570.010.63-0.76-0.59-0.71-0.66
-0.790.23-0.2-0.710.790.88-0.680.930.930.38-0.91-0.750.75-0.9-0.620.490.61-0.24-0.92-0.670.63-0.8-0.89-0.98-0.92
0.570.23-0.140.9-0.73-0.740.15-0.58-0.82-0.130.910.54-0.770.760.08-0.72-0.6-0.140.830.16-0.76-0.80.850.810.81
0.82-0.160.180.75-0.8-0.810.45-0.81-0.89-0.380.970.81-0.820.950.38-0.39-0.70.240.970.42-0.59-0.890.850.890.96
0.74-0.260.080.77-0.84-0.790.64-0.93-0.97-0.450.920.81-0.790.910.59-0.53-0.720.140.910.61-0.71-0.980.810.890.93
0.82-0.330.130.8-0.85-0.840.53-0.89-0.91-0.470.970.79-0.861.00.44-0.41-0.70.20.980.49-0.66-0.920.810.960.93
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Vicinity Account Relationship Matchups

Vicinity fundamental ratios Accounts

201920202021202220232024 (projected)
Total Assets36.9M47.0M54.0M55.0M74.2M55.7M
Other Current Liab2.7M2.1M9.2M449K1.2M1.2M
Total Current Liabilities18.6M19.0M19.4M16.6M43.5M25.4M
Total Stockholder Equity16.7M22.4M34.2M36.8M21.2M26.6M
Other Liab1.8M1.2M201K255K229.5K218.0K
Net Tangible Assets19.2M15.1M15.9M11.9M10.7M12.3M
Net Debt7.3M7.3M2.7M5.6M25.1M26.3M
Retained Earnings(22.8M)(22.2M)(29.7M)(47.6M)(64.3M)(61.1M)
Accounts Payable9.2M7.8M10.1M2.7M2.4M2.3M
Cash757.3K1.3M4.4M1.6M2.0M1.9M
Non Current Assets Total6.1M6.2M33.2M36.9M33.5M19.9M
Net Receivables9.2M1.6M1.3M1.1M2.6M4.9M
Common Stock Shares Outstanding24.8M28.7M34.9M44.7M45.7M35.7M
Non Current Liabilities Total1.6M534K347K1.6M9.5M10.0M
Inventory19.3M25.6M9.4M10.1M23.3M14.1M
Total Liab20.2M24.7M19.7M18.2M53.0M29.2M
Net Invested Capital24.7M30.9M41.4M44.0M48.3M38.3M
Short Long Term Debt8.0M8.6M7.1M7.2M27.1M28.4M
Total Current Assets30.8M32.1M20.8M18.1M40.6M25.0M
Net Working Capital12.2M16.7M1.4M1.6M(2.9M)(2.7M)
Intangible Assets1.6M2.2M22.4M14.3M9.8M8.4M
Common Stock36.0M37.1M37.2M58.1M66.8M44.5M
Property Plant Equipment4.7M4.5M3.2M10.8M12.5M13.1M
Capital Stock28.4M36.4M58.1M76.0M76.8M55.4M

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