Vornado Total Assets vs Other Assets 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 Total Assets and its Other Assets 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.
Total Assets vs Other Assets
Total Assets vs Other Assets Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Vornado Realty Trust Total Assets account and Other Assets. At this time, the significance of the direction appears to have no relationship.
The correlation between Vornado Realty's Total Assets and Other Assets is 0.03. Overlapping area represents the amount of variation of Total Assets that can explain the historical movement of Other Assets 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 Total Assets and Other Assets is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Total Assets of Vornado Realty Trust are associated (or correlated) with its Other Assets. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Other Assets has no effect on the direction of Total Assets i.e., Vornado Realty's Total Assets and Other Assets go up and down completely randomly.
Correlation Coefficient | 0.03 |
Relationship Direction | Positive |
Relationship Strength | Insignificant |
Total Assets
Total assets refers to the total amount of Vornado Realty assets owned. Assets are items that have some economic value and are expended over time to create a benefit for the owner. These assets are usually recorded in Vornado Realty Trust books under different categories such as cash, marketable securities, accounts receivable,prepaid expenses, inventory, fixed assets, intangible assets, other assets, marketable securities, accounts receivable, prepaid expenses and others. The total value of all owned resources that are expected to provide future economic benefits to the business, including cash, investments, accounts receivable, inventory, property, plant, equipment, and intangible assets.Other Assets
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 Expenses | 1.3B | 1.5B | 1.1B | 1.0B | Interest Expense | 231.1M | 258.0M | 325.9M | 243.0M |
Vornado Realty fundamental ratios Correlations
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Vornado Realty Account Relationship Matchups
High Positive Relationship
High Negative Relationship
Vornado Realty fundamental ratios Accounts
2019 | 2020 | 2021 | 2022 | 2023 | 2024 (projected) | ||
Common Stock Shares Outstanding | 191.1M | 191.1M | 192.1M | 191.8M | 191.9M | 132.9M | |
Total Assets | 18.3B | 16.2B | 17.3B | 16.5B | 16.2B | 13.6B | |
Short Long Term Debt Total | 7.9B | 7.8B | 9.0B | 9.1B | 9.0B | 7.0B | |
Total Stockholder Equity | 6.7B | 6.5B | 6.2B | 5.8B | 5.5B | 4.4B | |
Property Plant And Equipment Net | 379.5M | 367.4M | 337.2M | 684.4M | 680.0M | 646.0M | |
Net Debt | 6.4B | 6.2B | 7.2B | 8.2B | 8.0B | 6.2B | |
Retained Earnings | (2.0B) | (2.8B) | (3.1B) | (3.9B) | (4.0B) | (3.8B) | |
Cash | 1.5B | 1.6B | 1.8B | 889.7M | 997.0M | 798.8M | |
Non Current Assets Total | 15.4B | 13.6B | 14.5B | 14.2B | 14.0B | 11.5B | |
Non Currrent Assets Other | 355.3M | 434.0M | 512.7M | 10.7B | 10.6B | 11.1B | |
Other Assets | 2.1B | 806.9M | 12.1B | 13.6B | 138.8M | 131.8M | |
Cash And Short Term Investments | 1.5B | 1.6B | 1.8B | 1.4B | 997.0M | 815.4M | |
Liabilities And Stockholders Equity | 18.3B | 16.2B | 17.3B | 16.5B | 16.2B | 13.6B | |
Non Current Liabilities Total | 8.7B | 7.7B | 8.9B | 8.9B | 8.8B | 7.3B | |
Other Stockholder Equity | 1.1B | 8.2B | 8.1B | 8.4B | 8.3B | 4.3B | |
Total Liab | 10.1B | 8.7B | 10.1B | 10.0B | 9.8B | 7.9B | |
Total Current Assets | 2.9B | 2.6B | 2.7B | 2.3B | 2.1B | 1.7B | |
Net Receivables | 837.9M | 751.7M | 736.0M | 776.1M | 771.2M | 731.1M | |
Other Current Liab | 338.9M | (3.0B) | (48.1M) | (829.8M) | (57.8M) | (54.9M) | |
Total Current Liabilities | 1.4B | 1.0B | 1.2B | 1.1B | 1.0B | 996.0M | |
Accounts Payable | 440.0M | 427.2M | 613.5M | 450.9M | 411.0M | 261.4M | |
Accumulated Other Comprehensive Income | (40.2M) | (75.1M) | (17.5M) | 175.0M | 65.1M | 34.3M | |
Common Stock Total Equity | 7.6M | 7.6M | 7.6M | 7.7M | 8.8M | 7.1M | |
Common Stock | 6.7B | 6.5B | 6.2B | 5.8B | 7.6M | 7.2M | |
Other Liab | 1.3B | 440.2M | 380.5M | 355.0M | 408.2M | 683.0M | |
Long Term Debt | 6.8B | 6.8B | 8.0B | 7.8B | 7.7B | 8.9B | |
Short Term Investments | 33.3M | 17K | 18.9M | 472.0M | 138.8M | 242.4M | |
Preferred Stock Total Equity | 891.3M | 891.2M | 1.2B | 1.2B | 1.4B | 971.6M | |
Other Current Assets | (2.4B) | 234.1M | 227.3M | 175.1M | 300.5M | 315.5M | |
Intangible Assets | 31.0M | 23.9M | 154.9M | 139.6M | 127.1M | 198.9M | |
Short Term Debt | 80M | 575M | 2.6B | 379.0M | 632.8M | 702.3M | |
Inventory | (4.3M) | (17.0K) | (18.9M) | (183.8M) | 2.3B | 2.4B | |
Noncontrolling Interest In Consolidated Entity | 578.9M | 415.0M | 278.9M | 236.7M | 213.0M | 202.3M | |
Retained Earnings Total Equity | (2.0B) | (2.8B) | (3.1B) | (3.9B) | (3.5B) | (3.3B) | |
Deferred Long Term Liab | 103.8M | 105.6M | 110.2M | 96.3M | 86.7M | 82.4M | |
Property Plant Equipment | 10.1B | 8.9B | 9.8B | 10.5B | 12.1B | 12.1B | |
Net Tangible Assets | 6.7B | 5.9B | 5.6B | 5.0B | 4.5B | 4.7B | |
Long Term Debt Total | 6.8B | 6.8B | 8.0B | 8.4B | 7.6B | 7.4B |
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
Moving against Vornado Stock
0.72 | STAG | STAG Industrial | PairCorr |
0.7 | RC | Ready Capital Corp | PairCorr |
0.68 | FR | First Industrial Realty | PairCorr |
0.58 | NHI | National Health Investors | PairCorr |
0.58 | WPC | W P Carey | PairCorr |
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.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 USA ETFs module to find actively traded Exchange Traded Funds (ETF) in USA.
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.