VOXX Interest Coverage vs Payout Ratio Analysis

VOXX Stock  USD 7.29  0.01  0.14%   
VOXX International financial indicator trend analysis is much more than just breaking down VOXX International prevalent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether VOXX International is a good investment. Please check the relationship between VOXX International Interest Coverage and its Payout Ratio accounts. Check out World Market Map to better understand how to build diversified portfolios, which includes a position in VOXX International. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in interest.
For more information on how to buy VOXX Stock please use our How to Invest in VOXX International guide.

Interest Coverage vs Payout Ratio

Interest Coverage vs Payout Ratio Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of VOXX International Interest Coverage account and Payout Ratio. At this time, the significance of the direction appears to have weak contrarian relationship.
The correlation between VOXX International's Interest Coverage and Payout Ratio is -0.11. Overlapping area represents the amount of variation of Interest Coverage that can explain the historical movement of Payout Ratio in the same time period over historical financial statements of VOXX International, assuming nothing else is changed. The correlation between historical values of VOXX International's Interest Coverage and Payout 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 Interest Coverage of VOXX International are associated (or correlated) with its Payout Ratio. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Payout Ratio has no effect on the direction of Interest Coverage i.e., VOXX International's Interest Coverage and Payout Ratio go up and down completely randomly.

Correlation Coefficient

-0.11
Relationship DirectionNegative 
Relationship StrengthInsignificant

Interest Coverage

Payout Ratio

Payout Ratio is the proportion of VOXX International earnings paid out as dividends to shareholders. Payout Ratio is typically expressed as a percentage but can be shown as dividends paid out as a proportion of cash flow. The payout ratio is used to determine the sustainability of VOXX International dividend payments. A lower payout ratio is generally preferable to a higher payout ratio, with a ratio greater than 100% indicating VOXX International is paying out more in dividends than it makes in net income.
Most indicators from VOXX International's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into VOXX International 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 VOXX International. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in interest.
For more information on how to buy VOXX Stock please use our How to Invest in VOXX International guide.Enterprise Value is likely to rise to about 312.3 M in 2024, whereas Selling General Administrative is likely to drop slightly above 67.9 M in 2024.
 2021 2022 2023 2024 (projected)
Gross Profit169.5M134.3M114.0M129.0M
Total Revenue635.9M534.0M468.9M687.5M

VOXX International fundamental ratios Correlations

0.660.060.650.880.920.590.860.010.960.540.010.790.760.780.790.360.780.880.290.860.680.940.750.750.48
0.66-0.30.210.320.670.880.43-0.510.770.26-0.510.480.250.890.450.050.290.810.260.330.690.760.370.280.19
0.06-0.30.720.08-0.05-0.21-0.10.02-0.07-0.170.020.080.18-0.170.460.340.150.13-0.020.3-0.24-0.150.310.11-0.07
0.650.210.720.580.490.210.460.030.50.080.030.590.580.340.840.570.590.640.130.80.210.430.840.560.29
0.880.320.080.580.870.170.910.420.790.420.420.580.930.410.720.480.940.550.280.850.440.780.70.890.65
0.920.67-0.050.490.870.470.860.070.950.390.070.540.790.680.70.410.820.730.220.690.560.930.680.740.59
0.590.88-0.210.210.170.470.24-0.70.670.46-0.70.630.10.950.43-0.060.120.850.380.330.670.630.250.170.04
0.860.43-0.10.460.910.860.240.380.840.510.380.590.720.480.550.250.750.560.010.730.610.870.630.670.5
0.01-0.510.020.030.420.07-0.70.38-0.08-0.051.0-0.070.33-0.48-0.140.070.33-0.38-0.330.2-0.07-0.050.090.260.07
0.960.77-0.070.50.790.950.670.84-0.080.56-0.080.690.650.850.680.240.690.870.20.70.760.990.630.630.41
0.540.26-0.170.080.420.390.460.51-0.050.56-0.050.570.20.550.21-0.240.220.480.120.370.610.580.040.220.05
0.01-0.510.020.030.420.07-0.70.381.0-0.08-0.05-0.070.33-0.48-0.140.070.33-0.38-0.330.2-0.07-0.050.090.260.08
0.790.480.080.590.580.540.630.59-0.070.690.57-0.070.410.730.570.090.430.810.260.830.60.640.580.480.19
0.760.250.180.580.930.790.10.720.330.650.20.330.410.290.810.691.00.450.50.80.190.610.70.980.77
0.780.89-0.170.340.410.680.950.48-0.480.850.55-0.480.730.290.510.020.320.940.280.50.780.810.410.320.11
0.790.450.460.840.720.70.430.55-0.140.680.21-0.140.570.810.510.680.80.730.560.840.270.610.790.820.61
0.360.050.340.570.480.41-0.060.250.070.24-0.240.070.090.690.020.680.670.230.40.51-0.330.160.740.670.7
0.780.290.150.590.940.820.120.750.330.690.220.330.431.00.320.80.670.470.470.80.240.650.720.970.76
0.880.810.130.640.550.730.850.56-0.380.870.48-0.380.810.450.940.730.230.470.280.70.710.820.640.460.2
0.290.26-0.020.130.280.220.380.01-0.330.20.12-0.330.260.50.280.560.40.470.280.4-0.060.140.140.620.58
0.860.330.30.80.850.690.330.730.20.70.370.20.830.80.50.840.510.80.70.40.390.640.810.830.53
0.680.69-0.240.210.440.560.670.61-0.070.760.61-0.070.60.190.780.27-0.330.240.71-0.060.390.790.20.19-0.17
0.940.76-0.150.430.780.930.630.87-0.050.990.58-0.050.640.610.810.610.160.650.820.140.640.790.570.580.39
0.750.370.310.840.70.680.250.630.090.630.040.090.580.70.410.790.740.720.640.140.810.20.570.690.57
0.750.280.110.560.890.740.170.670.260.630.220.260.480.980.320.820.670.970.460.620.830.190.580.690.81
0.480.19-0.070.290.650.590.040.50.070.410.050.080.190.770.110.610.70.760.20.580.53-0.170.390.570.81
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VOXX International Account Relationship Matchups

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