Vertex Good Will vs Net Debt Analysis

VTX Stock

CAD 0.24 0.01 4.35%

Vertex Resource financial indicator trend analysis is much more than just breaking down Vertex Resource Group prevalent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Vertex Resource Group is a good investment. Please check the relationship between Vertex Resource Good Will and its Net Debt accounts. Check out World Market Map to better understand how to build diversified portfolios, which includes a position in Vertex Resource 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 board of governors.

Good Will vs Net Debt

Good Will vs Net Debt Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Vertex Resource Group Good Will account and Net Debt. At this time, the significance of the direction appears to have fragmental relationship.

The correlation between Vertex Resource's Good Will and Net Debt is 0.55. Overlapping area represents the amount of variation of Good Will that can explain the historical movement of Net Debt in the same time period over historical financial statements of Vertex Resource Group, assuming nothing else is changed. The correlation between historical values of Vertex Resource's Good Will and Net Debt is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Good Will of Vertex Resource Group are associated (or correlated) with its Net Debt. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Net Debt has no effect on the direction of Good Will i.e., Vertex Resource's Good Will and Net Debt go up and down completely randomly.

Correlation Coefficient

0.55

Relationship Direction	Positive
Relationship Strength	Weak

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Good Will

An intangible asset that arises when a company acquires another business for more than the fair market value of its net identifiable assets, representing the value of the brand, customer base, and other intangible factors.

Net Debt

The total debt of a company minus its cash and cash equivalents. It represents the actual debt burden on the company after accounting for the liquid assets it holds.

Most indicators from Vertex Resource's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Vertex Resource Group 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 Vertex Resource 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 board of governors.

Tax Provision is likely to climb to about 1.4 M in 2025, whereas Selling General Administrative is likely to drop slightly above 17.8 M in 2025.

	2022	2023	2024	2025 (projected)
Gross Profit	52.3M	60.3M	69.3M	44.2M
Total Revenue	257.2M	232.2M	267.0M	172.9M

Gross Profit Total Revenue

Vertex Resource fundamental ratios Correlations

	Total Assets	Other Current Liab	Total Current Liabilities	Total Stockholder Equity	Other Liab	Net Tangible Assets	Retained Earnings	Accounts Payable	Long Term Debt	Net Receivables	Good Will	Inventory	Other Current Assets	Total Liab	Short Long Term Debt	Total Current Assets	Short Term Debt	Common Stock	Property Plant Equipment	Cash	Other Assets	Intangible Assets	Net Debt	Common Stock Shares Outstanding	Capital Lease Obligations	Net Invested Capital
Total Assets		-0.76	0.26	0.93	-0.66	0.76	-0.63	0.85	0.98	0.85	0.4	0.82	0.43	0.99	-0.37	0.88	-0.78	0.67	0.84	0.54	-0.7	0.72	0.84	0.75	0.81	0.77
Other Current Liab	-0.76		-0.28	-0.73	0.85	-0.72	0.84	-0.77	-0.77	-0.61	-0.49	-0.73	-0.61	-0.75	0.1	-0.68	0.49	-0.79	-0.79	-0.64	0.72	-0.72	-0.74	-0.78	-0.9	-0.64
Total Current Liabilities	0.26	-0.28		-0.03	-0.39	0.0	-0.47	0.66	0.23	0.44	0.08	0.66	0.37	0.36	0.74	0.61	0.35	0.27	0.44	0.48	-0.69	0.64	0.65	0.66	0.61	0.62
Total Stockholder Equity	0.93	-0.73	-0.03		-0.56	0.87	-0.57	0.69	0.95	0.77	0.56	0.67	0.47	0.88	-0.55	0.75	-0.85	0.73	0.73	0.48	-0.53	0.6	0.7	0.61	0.66	0.65
Other Liab	-0.66	0.85	-0.39	-0.56		-0.56	0.91	-0.78	-0.61	-0.5	-0.27	-0.76	-0.63	-0.67	-0.06	-0.64	0.44	-0.74	-0.72	-0.43	0.82	-0.53	-0.61	-0.6	-0.87	-0.43
Net Tangible Assets	0.76	-0.72	0.0	0.87	-0.56		-0.72	0.67	0.84	0.66	0.77	0.7	0.75	0.69	-0.31	0.67	-0.59	0.91	0.78	0.46	-0.53	0.49	0.68	0.52	0.67	0.59
Retained Earnings	-0.63	0.84	-0.47	-0.57	0.91	-0.72		-0.84	-0.65	-0.58	-0.53	-0.85	-0.83	-0.63	-0.21	-0.72	0.28	-0.9	-0.78	-0.55	0.87	-0.62	-0.72	-0.69	-0.9	-0.55
Accounts Payable	0.85	-0.77	0.66	0.69	-0.78	0.67	-0.84		0.83	0.86	0.46	0.98	0.67	0.88	0.14	0.96	-0.39	0.77	0.88	0.56	-0.9	0.8	0.93	0.85	0.95	0.81
Long Term Debt	0.98	-0.77	0.23	0.95	-0.61	0.84	-0.65	0.83		0.86	0.55	0.82	0.54	0.95	-0.34	0.89	-0.72	0.76	0.85	0.59	-0.66	0.74	0.86	0.76	0.8	0.82
Net Receivables	0.85	-0.61	0.44	0.77	-0.5	0.66	-0.58	0.86	0.86		0.63	0.8	0.52	0.85	-0.14	0.93	-0.47	0.65	0.69	0.44	-0.67	0.83	0.88	0.77	0.73	0.81
Good Will	0.4	-0.49	0.08	0.56	-0.27	0.77	-0.53	0.46	0.55	0.63		0.45	0.77	0.33	-0.04	0.52	-0.15	0.79	0.4	0.36	-0.3	0.53	0.55	0.46	0.42	0.53
Inventory	0.82	-0.73	0.66	0.67	-0.76	0.7	-0.85	0.98	0.82	0.8	0.45		0.7	0.85	0.17	0.94	-0.36	0.8	0.92	0.61	-0.92	0.75	0.93	0.81	0.93	0.81
Other Current Assets	0.43	-0.61	0.37	0.47	-0.63	0.75	-0.83	0.67	0.54	0.52	0.77	0.7		0.4	0.32	0.61	-0.07	0.92	0.63	0.35	-0.56	0.45	0.62	0.49	0.69	0.51
Total Liab	0.99	-0.75	0.36	0.88	-0.67	0.69	-0.63	0.88	0.95	0.85	0.33	0.85	0.4		-0.28	0.9	-0.72	0.63	0.85	0.55	-0.74	0.74	0.86	0.78	0.84	0.79
Short Long Term Debt	-0.37	0.1	0.74	-0.55	-0.06	-0.31	-0.21	0.14	-0.34	-0.14	-0.04	0.17	0.32	-0.28		0.04	0.82	0.03	0.0	0.11	-0.22	0.1	0.12	0.16	0.17	0.11
Total Current Assets	0.88	-0.68	0.61	0.75	-0.64	0.67	-0.72	0.96	0.89	0.93	0.52	0.94	0.61	0.9	0.04		-0.44	0.73	0.82	0.61	-0.84	0.86	0.96	0.86	0.86	0.89
Short Term Debt	-0.78	0.49	0.35	-0.85	0.44	-0.59	0.28	-0.39	-0.72	-0.47	-0.15	-0.36	-0.07	-0.72	0.82	-0.44		-0.37	-0.46	-0.15	0.28	-0.23	-0.32	-0.25	-0.36	-0.26
Common Stock	0.67	-0.79	0.27	0.73	-0.74	0.91	-0.9	0.77	0.76	0.65	0.79	0.8	0.92	0.63	0.03	0.73	-0.37		0.79	0.52	-0.69	0.59	0.74	0.62	0.8	0.63
Property Plant Equipment	0.84	-0.79	0.44	0.73	-0.72	0.78	-0.78	0.88	0.85	0.69	0.4	0.92	0.63	0.85	0.0	0.82	-0.46	0.79		0.58	-0.76	0.62	0.87	0.72	0.91	0.76
Cash	0.54	-0.64	0.48	0.48	-0.43	0.46	-0.55	0.56	0.59	0.44	0.36	0.61	0.35	0.55	0.11	0.61	-0.15	0.52	0.58		-0.69	0.79	0.72	0.83	0.64	0.8
Other Assets	-0.7	0.72	-0.69	-0.53	0.82	-0.53	0.87	-0.9	-0.66	-0.67	-0.3	-0.92	-0.56	-0.74	-0.22	-0.84	0.28	-0.69	-0.76	-0.69		-0.77	-0.81	-0.81	-0.88	-0.69
Intangible Assets	0.72	-0.72	0.64	0.6	-0.53	0.49	-0.62	0.8	0.74	0.83	0.53	0.75	0.45	0.74	0.1	0.86	-0.23	0.59	0.62	0.79	-0.77		0.9	0.97	0.78	0.9
Net Debt	0.84	-0.74	0.65	0.7	-0.61	0.68	-0.72	0.93	0.86	0.88	0.55	0.93	0.62	0.86	0.12	0.96	-0.32	0.74	0.87	0.72	-0.81	0.9		0.91	0.9	0.95
Common Stock Shares Outstanding	0.75	-0.78	0.66	0.61	-0.6	0.52	-0.69	0.85	0.76	0.77	0.46	0.81	0.49	0.78	0.16	0.86	-0.25	0.62	0.72	0.83	-0.81	0.97	0.91		0.86	0.91
Capital Lease Obligations	0.81	-0.9	0.61	0.66	-0.87	0.67	-0.9	0.95	0.8	0.73	0.42	0.93	0.69	0.84	0.17	0.86	-0.36	0.8	0.91	0.64	-0.88	0.78	0.9	0.86		0.78
Net Invested Capital	0.77	-0.64	0.62	0.65	-0.43	0.59	-0.55	0.81	0.82	0.81	0.53	0.81	0.51	0.79	0.11	0.89	-0.26	0.63	0.76	0.8	-0.69	0.9	0.95	0.91	0.78

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Vertex Resource Account Relationship Matchups

Vertex Resource fundamental ratios Accounts

	2020	2021	2022	2023	2024	2025 (projected)
Total Assets	151.2M	186.6M	254.4M	217.5M	250.1M	175.4M
Other Current Liab	260K	1.8M	4.2M	1M	900K	855K
Total Current Liabilities	43.4M	58.5M	74.2M	61.4M	70.6M	53.2M
Total Stockholder Equity	48.0M	49.7M	64.7M	60M	69M	53.6M
Other Liab	10.1M	3.9M	2.5M	4.0M	3.6M	5.2M
Net Tangible Assets	29.8M	24.6M	22.6M	22.7M	26.1M	23.6M
Retained Earnings	(36.7M)	(35.0M)	(33.0M)	(36.6M)	(33.0M)	(34.6M)
Accounts Payable	14.7M	20.4M	29.8M	21.1M	24.3M	15.1M
Long Term Debt	42.6M	61.1M	83.3M	77.4M	89.1M	60.2M
Net Receivables	29.4M	42.9M	61.8M	40.1M	46.1M	42.2M
Good Will	24.8M	25.2M	31.7M	25.7M	29.5M	30.9M
Inventory	3.3M	4.2M	4.4M	4.0M	4.6M	3.5M
Total Liab	103.2M	136.9M	189.7M	157.5M	181.1M	121.8M
Short Long Term Debt	17.2M	18.8M	18.5M	21.6M	19.4M	14.0M
Total Current Assets	38.8M	63.4M	82.1M	64.8M	74.5M	54.4M
Property Plant Equipment	91.6M	96.7M	84.2M	94.6M	108.8M	87.1M
Non Current Assets Total	112.4M	123.1M	172.4M	162.6M	187.0M	129.0M
Other Assets	6.2M	5.9M	2.8M	1.6M	1.4M	1.3M
Non Current Liabilities Total	59.7M	78.3M	115.5M	96.0M	110.4M	80.4M
Intangible Assets	586K	1.8M	8.5M	5.8M	6.7M	7.0M
Net Debt	61.0M	79.9M	99.2M	87.4M	100.5M	84.7M
Capital Lease Obligations	20.1M	20.4M	34.6M	30.8M	35.4M	21.9M
Net Invested Capital	109.0M	129.6M	166.5M	159.0M	182.8M	150.5M
Net Working Capital	(4.6M)	4.9M	7.9M	3.4M	3.0M	2.9M
Property Plant And Equipment Net	84.2M	94.6M	123.4M	125.4M	144.2M	115.4M
Property Plant And Equipment Gross	155.4M	169.6M	201.9M	213.5M	245.5M	198.9M
Non Current Liabilities Other	475K	1.5M	2.6M	(6.4M)	(5.7M)	(5.4M)

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