Vishay Cash And Equivalents vs Net Tangible Assets Analysis

VPG Stock  USD 22.84  0.40  1.78%   
Vishay Precision financial indicator trend analysis is much more than just breaking down Vishay Precision prevalent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Vishay Precision is a good investment. Please check the relationship between Vishay Precision Cash And Equivalents and its Net Tangible Assets accounts. Check out World Market Map to better understand how to build diversified portfolios, which includes a position in Vishay Precision Group. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in american community survey.

Cash And Equivalents vs Net Tangible Assets

Cash And Equivalents vs Net Tangible Assets Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Vishay Precision Cash And Equivalents account and Net Tangible Assets. At this time, the significance of the direction appears to have strong relationship.
The correlation between Vishay Precision's Cash And Equivalents and Net Tangible Assets is 0.7. Overlapping area represents the amount of variation of Cash And Equivalents that can explain the historical movement of Net Tangible Assets in the same time period over historical financial statements of Vishay Precision Group, assuming nothing else is changed. The correlation between historical values of Vishay Precision's Cash And Equivalents and Net Tangible 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 Cash And Equivalents of Vishay Precision Group are associated (or correlated) with its Net Tangible Assets. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Net Tangible Assets has no effect on the direction of Cash And Equivalents i.e., Vishay Precision's Cash And Equivalents and Net Tangible Assets go up and down completely randomly.

Correlation Coefficient

0.7
Relationship DirectionPositive 
Relationship StrengthSignificant

Cash And Equivalents

Net Tangible Assets

The total assets of a company minus any intangible assets such as patents, copyrights, and goodwill; it represents the physical assets of a company.
Most indicators from Vishay Precision's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Vishay Precision 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 Vishay Precision Group. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in american community survey.
The current Selling General Administrative is estimated to decrease to about 81.8 M. The current Tax Provision is estimated to decrease to about 6.1 M
 2021 2022 2023 2024 (projected)
Gross Profit125.1M149.6M150.3M108.6M
Total Revenue317.9M362.6M355.0M286.6M

Vishay Precision fundamental ratios Correlations

0.630.710.970.60.640.520.020.510.110.940.580.920.950.930.910.960.70.720.980.380.530.880.850.470.8
0.630.790.620.570.560.21-0.120.070.20.640.090.570.540.530.610.50.620.530.640.630.290.850.520.660.49
0.710.790.680.620.380.380.0-0.050.130.660.480.650.690.510.640.510.560.480.690.750.430.690.420.550.43
0.970.620.680.510.590.59-0.050.340.220.90.610.790.860.920.830.940.810.590.940.420.620.850.750.530.8
0.60.570.620.510.420.420.360.13-0.030.460.10.650.550.40.620.530.090.440.60.660.460.610.610.440.31
0.640.560.380.590.420.390.00.460.210.560.380.620.580.60.610.620.470.460.590.090.410.790.680.430.58
0.520.210.380.590.420.390.24-0.070.350.310.640.340.30.340.320.480.35-0.10.390.30.990.420.320.430.35
0.02-0.120.0-0.050.360.00.240.09-0.33-0.240.110.140.0-0.180.220.02-0.320.00.040.160.250.010.250.04-0.43
0.510.07-0.050.340.130.46-0.070.09-0.230.540.120.70.610.570.610.590.130.70.53-0.41-0.110.410.72-0.110.5
0.110.20.130.22-0.030.210.35-0.33-0.230.020.31-0.070.00.020.070.10.310.050.090.290.420.180.060.760.48
0.940.640.660.90.460.560.31-0.240.540.020.430.870.920.940.810.890.740.720.920.250.310.820.740.310.83
0.580.090.480.610.10.380.640.110.120.310.430.460.560.440.430.50.50.170.510.20.610.340.310.30.42
0.920.570.650.790.650.620.340.140.7-0.070.870.460.950.820.920.870.440.830.920.260.330.80.890.310.7
0.950.540.690.860.550.580.30.00.610.00.920.560.950.880.910.890.60.820.960.320.30.780.830.330.75
0.930.530.510.920.40.60.34-0.180.570.020.940.440.820.880.830.960.70.70.930.170.360.790.810.290.84
0.910.610.640.830.620.610.320.220.610.070.810.430.920.910.830.890.520.880.950.390.370.830.950.520.7
0.960.50.510.940.530.620.480.020.590.10.890.50.870.890.960.890.630.720.960.230.490.810.890.40.83
0.70.620.560.810.090.470.35-0.320.130.310.740.50.440.60.70.520.630.370.660.310.390.730.410.50.64
0.720.530.480.590.440.46-0.10.00.70.050.720.170.830.820.70.880.720.370.810.24-0.060.670.850.40.68
0.980.640.690.940.60.590.390.040.530.090.920.510.920.960.930.950.960.660.810.420.420.860.880.480.79
0.380.630.750.420.660.090.30.16-0.410.290.250.20.260.320.170.390.230.310.240.420.390.410.230.680.16
0.530.290.430.620.460.410.990.25-0.110.420.310.610.330.30.360.370.490.39-0.060.420.390.480.350.550.37
0.880.850.690.850.610.790.420.010.410.180.820.340.80.780.790.830.810.730.670.860.410.480.810.630.71
0.850.520.420.750.610.680.320.250.720.060.740.310.890.830.810.950.890.410.850.880.230.350.810.460.7
0.470.660.550.530.440.430.430.04-0.110.760.310.30.310.330.290.520.40.50.40.480.680.550.630.460.51
0.80.490.430.80.310.580.35-0.430.50.480.830.420.70.750.840.70.830.640.680.790.160.370.710.70.51
Click cells to compare fundamentals

Vishay Precision Account Relationship Matchups

Vishay Precision fundamental ratios Accounts

201920202021202220232024 (projected)
Total Assets370.2M401.9M461.9M476.7M471.6M355.3M
Other Current Liab31.0M24.6M32.0M30.1M32.7M29.5M
Total Current Liabilities88.7M47.5M64.6M64.3M61.6M53.5M
Total Stockholder Equity241.4M257.8M277.1M306.5M329.8M235.8M
Other Liab33.9M36.4M34.4M25.0M28.8M27.5M
Accounts Payable8.7M10.5M14.9M13.8M11.7M11.6M
Cash86.9M98.4M84.3M88.6M84.0M87.4M
Other Assets18.7M41.8M19.7M19.7M1.00.95
Long Term Debt17K40.6M60.7M60.8M31.9M30.0M
Common Stock Shares Outstanding13.6M13.6M13.7M13.7M13.7M15.0M
Inventory66.9M62.3M76.4M84.7M88.1M66.7M
Other Current Assets16.9M15.8M15.9M18.5M14.5M14.2M
Total Liab128.5M144.0M184.8M170.2M141.6M119.3M
Intangible Assets34.2M32.0M52.4M48.2M44.6M27.2M
Property Plant Equipment61.3M75.0M109.0M111.5M128.2M68.4M
Short Long Term Debt Total44.5M64.2M90.5M85.1M58.5M40.9M
Property Plant And Equipment Net61.3M96.8M109.0M111.5M117.6M74.6M
Current Deferred Revenue4.6M2.9M4.8M8.0M8.7M4.9M
Net Debt(42.4M)(34.3M)6.1M(3.5M)(25.5M)(26.8M)
Non Current Assets Total157.9M180.0M226.9M224.9M228.5M145.0M
Non Currrent Assets Other27.4M20.1M19.7M15.5M20.5M19.6M
Cash And Short Term Investments86.9M98.4M84.3M88.6M84.0M88.0M
Net Receivables41.7M45.3M58.3M60.1M56.4M46.2M
Liabilities And Stockholders Equity370.2M401.9M461.9M476.7M471.6M360.3M
Non Current Liabilities Total39.8M96.5M120.2M105.9M80.0M64.6M
Other Stockholder Equity188.4M189.0M190.4M189.7M185.2M202.1M
Property Plant And Equipment Gross61.3M96.8M211.8M220.6M256.8M269.6M
Total Current Assets212.4M221.9M234.9M251.8M243.1M215.3M
Accumulated Other Comprehensive Income(37.7M)(32.7M)(35.0M)(40.9M)(38.9M)(40.8M)
Short Term Debt44.5M8.0M9.2M8.4M4.0M7.1M
Retained Earnings89.3M100.1M120.3M156.4M182.1M191.2M
Common Stock Total Equity1.4M1.4M1.4M1.4M1.6M1.5M
Common Stock1.4M1.4M1.4M1.4M1.4M1.5M
Net Tangible Assets172.1M194.7M178.8M212.8M244.7M189.3M
Noncontrolling Interest In Consolidated Entity392K34K(57K)(25K)(22.5K)(21.4K)
Good Will35.0M31.1M45.8M45.5M45.7M26.5M
Retained Earnings Total Equity89.3M100.1M120.3M156.4M179.8M188.8M
Long Term Debt Total17K40.6M60.7M60.8M69.9M73.4M
Capital Surpluse197.1M197.8M199.2M201.2M231.3M211.4M

Currently Active Assets on Macroaxis

When determining whether Vishay Precision is a strong investment it is important to analyze Vishay Precision's competitive position within its industry, examining market share, product or service uniqueness, and competitive advantages. Beyond financials and market position, potential investors should also consider broader economic conditions, industry trends, and any regulatory or geopolitical factors that may impact Vishay Precision's future performance. For an informed investment choice regarding Vishay Stock, refer to the following important reports:
Check out World Market Map to better understand how to build diversified portfolios, which includes a position in Vishay Precision Group. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in american community survey.
You can also try the Efficient Frontier module to plot and analyze your portfolio and positions against risk-return landscape of the market..
Is Electronic Equipment, Instruments & Components 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 Vishay Precision. If investors know Vishay 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 Vishay Precision 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
(0.43)
Earnings Share
1.01
Revenue Per Share
24.13
Quarterly Revenue Growth
(0.12)
Return On Assets
0.0394
The market value of Vishay Precision is measured differently than its book value, which is the value of Vishay that is recorded on the company's balance sheet. Investors also form their own opinion of Vishay Precision's value that differs from its market value or its book value, called intrinsic value, which is Vishay Precision'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 Vishay Precision's market value can be influenced by many factors that don't directly affect Vishay Precision'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 Vishay Precision's value and its price as these two are different measures arrived at by different means. Investors typically determine if Vishay Precision is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Vishay Precision'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.