Vornado Net Receivables vs Other Current Liab Analysis

VNO Stock  USD 43.05  0.38  0.87%   
Vornado Realty financial indicator trend analysis is much more than just breaking down Vornado Realty Trust prevalent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Vornado Realty Trust is a good investment. Please check the relationship between Vornado Realty Net Receivables and its Other Current Liab accounts. Check out World Market Map to better understand how to build diversified portfolios, which includes a position in Vornado Realty Trust. 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.

Net Receivables vs Other Current Liab

Net Receivables vs Other Current Liab Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Vornado Realty Trust Net Receivables account and Other Current Liab. At this time, the significance of the direction appears to have very week relationship.
The correlation between Vornado Realty's Net Receivables and Other Current Liab is 0.21. Overlapping area represents the amount of variation of Net Receivables that can explain the historical movement of Other Current Liab in the same time period over historical financial statements of Vornado Realty Trust, assuming nothing else is changed. The correlation between historical values of Vornado Realty's Net Receivables and Other Current Liab is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Net Receivables of Vornado Realty Trust are associated (or correlated) with its Other Current Liab. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Other Current Liab has no effect on the direction of Net Receivables i.e., Vornado Realty's Net Receivables and Other Current Liab go up and down completely randomly.

Correlation Coefficient

0.21
Relationship DirectionPositive 
Relationship StrengthVery Weak

Net Receivables

Other Current Liab

Most indicators from Vornado Realty's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Vornado Realty Trust 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 Vornado Realty Trust. 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.
Vornado Realty reported last year Issuance Of Capital Stock of (42,000). As of the 1st of December 2024, Sales General And Administrative To Revenue is likely to grow to 0.09, while Selling General Administrative is likely to drop about 133.7 M.
 2021 2022 2023 2024 (projected)
Other Operating Expenses1.3B1.5B1.1B1.0B
Interest Expense231.1M258.0M325.9M243.0M

Vornado Realty fundamental ratios Correlations

0.90.880.870.350.84-0.440.60.88-0.010.220.630.880.540.90.860.83-0.090.380.080.30.930.310.520.710.19
0.90.970.930.610.94-0.160.511.0-0.090.030.50.960.440.980.790.960.130.44-0.170.60.810.090.680.880.35
0.880.970.830.670.97-0.270.480.96-0.040.050.480.970.510.990.750.960.140.41-0.190.630.81-0.010.620.920.41
0.870.930.830.360.81-0.080.540.92-0.040.130.540.810.450.860.780.82-0.010.51-0.040.440.80.260.550.690.28
0.350.610.670.360.710.250.010.65-0.42-0.37-0.050.70.120.660.210.730.36-0.02-0.590.890.18-0.420.550.770.43
0.840.940.970.810.71-0.230.290.960.020.040.30.960.480.970.620.960.210.35-0.240.630.77-0.060.60.920.51
-0.44-0.16-0.27-0.080.25-0.23-0.26-0.12-0.55-0.31-0.33-0.26-0.43-0.25-0.35-0.180.26-0.1-0.380.41-0.61-0.18-0.01-0.210.03
0.60.510.480.540.010.29-0.260.44-0.220.160.980.460.290.490.90.38-0.270.260.250.130.540.370.260.36-0.32
0.881.00.960.920.650.96-0.120.44-0.10.010.420.960.430.980.730.960.170.42-0.210.640.780.050.690.890.4
-0.01-0.09-0.04-0.04-0.420.02-0.55-0.22-0.10.24-0.1-0.080.27-0.07-0.1-0.11-0.050.130.28-0.360.29-0.14-0.27-0.020.23
0.220.030.050.13-0.370.04-0.310.160.010.240.320.00.320.040.21-0.11-0.10.190.4-0.350.150.51-0.32-0.10.11
0.630.50.480.54-0.050.3-0.330.980.42-0.10.320.460.340.480.910.36-0.320.280.30.080.560.440.190.34-0.24
0.880.960.970.810.70.96-0.260.460.96-0.080.00.460.420.980.740.960.160.23-0.160.630.790.00.650.940.38
0.540.440.510.450.120.48-0.430.290.430.270.320.340.420.450.390.34-0.40.310.250.220.56-0.22-0.130.350.28
0.90.980.990.860.660.97-0.250.490.98-0.070.040.480.980.450.770.970.170.4-0.180.60.820.030.690.920.37
0.860.790.750.780.210.62-0.350.90.73-0.10.210.910.740.390.770.68-0.150.410.120.260.780.390.50.6-0.07
0.830.960.960.820.730.96-0.180.380.96-0.11-0.110.360.960.340.970.680.210.37-0.330.660.74-0.010.730.930.4
-0.090.130.14-0.010.360.210.26-0.270.17-0.05-0.1-0.320.16-0.40.17-0.150.210.12-0.530.26-0.07-0.250.390.250.14
0.380.440.410.51-0.020.35-0.10.260.420.130.190.280.230.310.40.410.370.12-0.160.040.410.120.430.20.12
0.08-0.17-0.19-0.04-0.59-0.24-0.380.25-0.210.280.40.3-0.160.25-0.180.12-0.33-0.53-0.16-0.480.160.25-0.31-0.29-0.03
0.30.60.630.440.890.630.410.130.64-0.36-0.350.080.630.220.60.260.660.260.04-0.480.14-0.50.420.690.45
0.930.810.810.80.180.77-0.610.540.780.290.150.560.790.560.820.780.74-0.070.410.160.140.210.440.660.16
0.310.09-0.010.26-0.42-0.06-0.180.370.05-0.140.510.440.0-0.220.030.39-0.01-0.250.120.25-0.50.210.02-0.16-0.29
0.520.680.620.550.550.6-0.010.260.69-0.27-0.320.190.65-0.130.690.50.730.390.43-0.310.420.440.020.610.18
0.710.880.920.690.770.92-0.210.360.89-0.02-0.10.340.940.350.920.60.930.250.2-0.290.690.66-0.160.610.41
0.190.350.410.280.430.510.03-0.320.40.230.11-0.240.380.280.37-0.070.40.140.12-0.030.450.16-0.290.180.41
Click cells to compare fundamentals

Vornado Realty Account Relationship Matchups

Vornado Realty fundamental ratios Accounts

201920202021202220232024 (projected)
Common Stock Shares Outstanding191.1M191.1M192.1M191.8M191.9M132.9M
Total Assets18.3B16.2B17.3B16.5B16.2B13.6B
Short Long Term Debt Total7.9B7.8B9.0B9.1B9.0B7.0B
Total Stockholder Equity6.7B6.5B6.2B5.8B5.5B4.4B
Property Plant And Equipment Net379.5M367.4M337.2M684.4M680.0M646.0M
Net Debt6.4B6.2B7.2B8.2B8.0B6.2B
Retained Earnings(2.0B)(2.8B)(3.1B)(3.9B)(4.0B)(3.8B)
Cash1.5B1.6B1.8B889.7M997.0M798.8M
Non Current Assets Total15.4B13.6B14.5B14.2B14.0B11.5B
Non Currrent Assets Other355.3M434.0M512.7M10.7B10.6B11.1B
Other Assets2.1B806.9M12.1B13.6B138.8M131.8M
Cash And Short Term Investments1.5B1.6B1.8B1.4B997.0M815.4M
Liabilities And Stockholders Equity18.3B16.2B17.3B16.5B16.2B13.6B
Non Current Liabilities Total8.7B7.7B8.9B8.9B8.8B7.3B
Other Stockholder Equity1.1B8.2B8.1B8.4B8.3B4.3B
Total Liab10.1B8.7B10.1B10.0B9.8B7.9B
Total Current Assets2.9B2.6B2.7B2.3B2.1B1.7B
Net Receivables837.9M751.7M736.0M776.1M771.2M731.1M
Other Current Liab338.9M(3.0B)(48.1M)(829.8M)(57.8M)(54.9M)
Total Current Liabilities1.4B1.0B1.2B1.1B1.0B996.0M
Accounts Payable440.0M427.2M613.5M450.9M411.0M261.4M
Accumulated Other Comprehensive Income(40.2M)(75.1M)(17.5M)175.0M65.1M34.3M
Common Stock Total Equity7.6M7.6M7.6M7.7M8.8M7.1M
Common Stock6.7B6.5B6.2B5.8B7.6M7.2M
Other Liab1.3B440.2M380.5M355.0M408.2M683.0M
Long Term Debt6.8B6.8B8.0B7.8B7.7B8.9B
Short Term Investments33.3M17K18.9M472.0M138.8M242.4M
Preferred Stock Total Equity891.3M891.2M1.2B1.2B1.4B971.6M
Other Current Assets(2.4B)234.1M227.3M175.1M300.5M315.5M
Intangible Assets31.0M23.9M154.9M139.6M127.1M198.9M
Short Term Debt80M575M2.6B379.0M632.8M702.3M
Inventory(4.3M)(17.0K)(18.9M)(183.8M)2.3B2.4B
Noncontrolling Interest In Consolidated Entity578.9M415.0M278.9M236.7M213.0M202.3M
Retained Earnings Total Equity(2.0B)(2.8B)(3.1B)(3.9B)(3.5B)(3.3B)
Deferred Long Term Liab103.8M105.6M110.2M96.3M86.7M82.4M
Property Plant Equipment10.1B8.9B9.8B10.5B12.1B12.1B
Net Tangible Assets6.7B5.9B5.6B5.0B4.5B4.7B
Long Term Debt Total6.8B6.8B8.0B8.4B7.6B7.4B

Pair Trading with Vornado Realty

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 Vornado Realty 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 Vornado Realty will appreciate offsetting losses from the drop in the long position's value.

Moving together with Vornado Stock

  0.78DRH Diamondrock HospitalityPairCorr

Moving against Vornado Stock

  0.72STAG STAG IndustrialPairCorr
  0.7RC Ready Capital CorpPairCorr
  0.68FR First Industrial RealtyPairCorr
  0.58NHI National Health InvestorsPairCorr
  0.58WPC W P CareyPairCorr
The ability to find closely correlated positions to Vornado Realty could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Vornado Realty 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 Vornado Realty - 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 Vornado Realty Trust to buy it.
The correlation of Vornado Realty 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 Vornado Realty moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Vornado Realty Trust 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 Vornado Realty 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
When determining whether Vornado Realty Trust offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of Vornado Realty's financial statements, including income statements, balance sheets, and cash flow statements, to assess its financial health. Key financial ratios are used to gauge profitability, efficiency, and growth potential of Vornado Realty Trust Stock. Outlined below are crucial reports that will aid in making a well-informed decision on Vornado Realty Trust Stock:
Check out World Market Map to better understand how to build diversified portfolios, which includes a position in Vornado Realty Trust. 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.
You can also try the Commodity Channel module to use Commodity Channel Index to analyze current equity momentum.
Is Diversified REITs 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 Vornado Realty. If investors know Vornado 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 Vornado Realty 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
(0.25)
Dividend Share
0.3
Earnings Share
(0.28)
Revenue Per Share
9.825
Quarterly Revenue Growth
(0.02)
The market value of Vornado Realty Trust is measured differently than its book value, which is the value of Vornado that is recorded on the company's balance sheet. Investors also form their own opinion of Vornado Realty's value that differs from its market value or its book value, called intrinsic value, which is Vornado Realty'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 Vornado Realty's market value can be influenced by many factors that don't directly affect Vornado Realty'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 Vornado Realty's value and its price as these two are different measures arrived at by different means. Investors typically determine if Vornado Realty is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Vornado Realty'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.