Vestis Stock Based Compensation vs Other Non Cash Items Analysis

VSTS Stock   16.39  0.80  5.13%   
Vestis financial indicator trend analysis is much more than just breaking down Vestis prevalent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Vestis is a good investment. Please check the relationship between Vestis Stock Based Compensation and its Other Non Cash Items accounts. Check out World Market Map to better understand how to build diversified portfolios, which includes a position in Vestis. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in estimate.
For more information on how to buy Vestis Stock please use our How to Invest in Vestis guide.

Stock Based Compensation vs Other Non Cash Items

Stock Based Compensation vs Other Non Cash Items Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Vestis Stock Based Compensation account and Other Non Cash Items. At this time, the significance of the direction appears to have weak contrarian relationship.
The correlation between Vestis' Stock Based Compensation and Other Non Cash Items is -0.04. Overlapping area represents the amount of variation of Stock Based Compensation that can explain the historical movement of Other Non Cash Items in the same time period over historical financial statements of Vestis, assuming nothing else is changed. The correlation between historical values of Vestis' Stock Based Compensation and Other Non Cash Items is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Stock Based Compensation of Vestis are associated (or correlated) with its Other Non Cash Items. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Other Non Cash Items has no effect on the direction of Stock Based Compensation i.e., Vestis' Stock Based Compensation and Other Non Cash Items go up and down completely randomly.

Correlation Coefficient

-0.04
Relationship DirectionNegative 
Relationship StrengthInsignificant

Stock Based Compensation

Compensation provided to employees in the form of equity or options to purchase company stock. This type of compensation is used to align the interests of employees and shareholders.

Other Non Cash Items

Most indicators from Vestis' fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Vestis 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 Vestis. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in estimate.
For more information on how to buy Vestis Stock please use our How to Invest in Vestis guide.Selling General Administrative is likely to gain to about 526.9 M in 2024, whereas Tax Provision is likely to drop slightly above 10.5 M in 2024.
 2022 2023 2024 (projected)
Interest Expense10K126.6M132.9M
Depreciation And Amortization136.5M140.8M150.1M

Vestis fundamental ratios Correlations

-0.98-0.060.330.66-0.420.47-0.550.96-0.060.5-0.49-0.980.690.44-0.49-0.43-0.990.330.57-0.740.75-0.430.35-0.90.74
-0.980.13-0.46-0.790.5-0.620.61-0.950.12-0.630.580.96-0.78-0.580.580.60.96-0.39-0.70.86-0.870.5-0.410.97-0.81
-0.060.13-0.580.05-0.630.19-0.58-0.271.0-0.08-0.11-0.030.340.26-0.110.430.040.730.220.09-0.06-0.630.710.120.3
0.33-0.46-0.580.48-0.130.55-0.160.52-0.580.180.07-0.20.340.470.07-0.95-0.230.020.5-0.670.63-0.140.04-0.570.28
0.66-0.790.050.48-0.780.94-0.820.590.060.85-0.77-0.690.940.93-0.77-0.72-0.630.690.96-0.960.97-0.780.72-0.910.95
-0.420.5-0.63-0.13-0.78-0.870.99-0.27-0.64-0.510.540.48-0.92-0.90.540.380.4-0.99-0.890.7-0.721.0-0.990.61-0.88
0.47-0.620.190.550.94-0.87-0.870.420.190.67-0.57-0.480.921.0-0.57-0.76-0.420.80.99-0.910.92-0.870.82-0.780.88
-0.550.61-0.58-0.16-0.820.99-0.87-0.41-0.59-0.550.580.6-0.96-0.90.580.410.53-0.97-0.910.76-0.780.99-0.970.7-0.93
0.96-0.95-0.270.520.59-0.270.42-0.41-0.270.39-0.32-0.90.580.37-0.32-0.56-0.930.160.5-0.730.72-0.280.19-0.870.61
-0.060.121.0-0.580.06-0.640.19-0.59-0.27-0.07-0.13-0.040.350.27-0.130.430.040.740.230.08-0.05-0.640.720.110.31
0.5-0.63-0.080.180.85-0.510.67-0.550.39-0.07-0.96-0.590.690.67-0.96-0.45-0.530.430.7-0.720.75-0.510.46-0.720.77
-0.490.58-0.110.07-0.770.54-0.570.58-0.32-0.13-0.960.62-0.67-0.591.00.220.55-0.49-0.620.6-0.640.53-0.510.63-0.76
-0.980.96-0.03-0.2-0.690.48-0.480.6-0.9-0.04-0.590.62-0.73-0.460.620.350.99-0.4-0.590.72-0.740.48-0.420.88-0.79
0.69-0.780.340.340.94-0.920.92-0.960.580.350.69-0.67-0.730.93-0.67-0.58-0.670.860.97-0.90.91-0.930.88-0.860.99
0.44-0.580.260.470.93-0.91.0-0.90.370.270.67-0.59-0.460.93-0.59-0.7-0.390.850.99-0.880.89-0.910.86-0.740.89
-0.490.58-0.110.07-0.770.54-0.570.58-0.32-0.13-0.961.00.62-0.67-0.590.220.55-0.49-0.620.6-0.640.53-0.510.63-0.76
-0.430.60.43-0.95-0.720.38-0.760.41-0.560.43-0.450.220.35-0.58-0.70.220.35-0.26-0.730.85-0.820.38-0.280.73-0.53
-0.990.960.04-0.23-0.630.4-0.420.53-0.930.04-0.530.550.99-0.67-0.390.550.35-0.31-0.530.69-0.70.4-0.330.87-0.73
0.33-0.390.730.020.69-0.990.8-0.970.160.740.43-0.49-0.40.860.85-0.49-0.26-0.310.82-0.590.61-0.991.0-0.490.82
0.57-0.70.220.50.96-0.890.99-0.910.50.230.7-0.62-0.590.970.99-0.62-0.73-0.530.82-0.940.94-0.890.84-0.840.94
-0.740.860.09-0.67-0.960.7-0.910.76-0.730.08-0.720.60.72-0.9-0.880.60.850.69-0.59-0.94-1.00.7-0.620.96-0.89
0.75-0.87-0.060.630.97-0.720.92-0.780.72-0.050.75-0.64-0.740.910.89-0.64-0.82-0.70.610.94-1.0-0.720.64-0.960.91
-0.430.5-0.63-0.14-0.781.0-0.870.99-0.28-0.64-0.510.530.48-0.93-0.910.530.380.4-0.99-0.890.7-0.72-0.990.61-0.88
0.35-0.410.710.040.72-0.990.82-0.970.190.720.46-0.51-0.420.880.86-0.51-0.28-0.331.00.84-0.620.64-0.99-0.520.84
-0.90.970.12-0.57-0.910.61-0.780.7-0.870.11-0.720.630.88-0.86-0.740.630.730.87-0.49-0.840.96-0.960.61-0.52-0.88
0.74-0.810.30.280.95-0.880.88-0.930.610.310.77-0.76-0.790.990.89-0.76-0.53-0.730.820.94-0.890.91-0.880.84-0.88
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Vestis Account Relationship Matchups

Thematic Opportunities

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Additional Tools for Vestis Stock Analysis

When running Vestis' price analysis, check to measure Vestis' market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy Vestis is operating at the current time. Most of Vestis' value examination focuses on studying past and present price action to predict the probability of Vestis' future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Vestis' price. Additionally, you may evaluate how the addition of Vestis to your portfolios can decrease your overall portfolio volatility.