Vertex Net Tangible Assets vs Net Invested Capital Analysis

VTX Stock

CAD 0.26 0.01 4.00%

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 Net Tangible Assets and its Net Invested Capital 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.

Net Tangible Assets vs Net Invested Capital

Net Tangible Assets vs Net Invested Capital Correlation Analysis

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

The correlation between Vertex Resource's Net Tangible Assets and Net Invested Capital is 0.58. Overlapping area represents the amount of variation of Net Tangible Assets that can explain the historical movement of Net Invested Capital 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 Net Tangible Assets and Net Invested Capital is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Net Tangible Assets of Vertex Resource Group are associated (or correlated) with its Net Invested Capital. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Net Invested Capital has no effect on the direction of Net Tangible Assets i.e., Vertex Resource's Net Tangible Assets and Net Invested Capital go up and down completely randomly.

Correlation Coefficient

0.58

Relationship Direction	Positive
Relationship Strength	Weak

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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.

Net Invested Capital

The total amount of capital invested in a company, including both equity and debt, minus any cash or cash equivalents.

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 835.6 K in 2025, whereas Selling General Administrative is likely to drop slightly above 16.6 M in 2025.

	2021	2022	2024	2025 (projected)
Gross Profit	42.3M	52.3M	60.1M	41.5M
Total Revenue	159.4M	257.2M	295.7M	162.6M

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		-0.39	0.44	0.93	-0.66	0.73	-0.6	0.79	0.98	0.91	0.59	0.86	0.46	0.99	-0.37	0.91	-0.73	0.68	0.85	0.7	-0.71	0.72	0.87	0.81	0.77	0.83
Other Current Liab	-0.39		0.19	-0.51	0.69	-0.64	0.65	-0.36	-0.42	-0.15	-0.32	-0.31	-0.47	-0.33	0.33	-0.16	0.5	-0.64	-0.54	-0.13	0.31	-0.17	-0.22	-0.18	-0.52	-0.08
Total Current Liabilities	0.44	0.19		0.14	-0.44	0.08	-0.46	0.68	0.38	0.69	0.36	0.74	0.42	0.53	0.62	0.73	0.24	0.34	0.52	0.55	-0.71	0.68	0.76	0.77	0.64	0.73
Total Stockholder Equity	0.93	-0.51	0.14		-0.57	0.87	-0.56	0.67	0.96	0.79	0.67	0.71	0.49	0.88	-0.58	0.76	-0.84	0.73	0.75	0.64	-0.55	0.6	0.72	0.66	0.65	0.69
Other Liab	-0.66	0.69	-0.44	-0.57		-0.56	0.91	-0.73	-0.61	-0.57	-0.4	-0.75	-0.63	-0.67	-0.01	-0.64	0.44	-0.74	-0.72	-0.32	0.82	-0.54	-0.61	-0.59	-0.82	-0.44
Net Tangible Assets	0.73	-0.64	0.08	0.87	-0.56		-0.71	0.64	0.82	0.63	0.8	0.69	0.75	0.66	-0.35	0.63	-0.59	0.91	0.78	0.61	-0.53	0.49	0.65	0.52	0.65	0.58
Retained Earnings	-0.6	0.65	-0.46	-0.56	0.91	-0.71		-0.78	-0.61	-0.58	-0.6	-0.81	-0.84	-0.59	-0.16	-0.66	0.28	-0.89	-0.77	-0.45	0.84	-0.56	-0.65	-0.57	-0.84	-0.49
Accounts Payable	0.79	-0.36	0.68	0.67	-0.73	0.64	-0.78		0.78	0.84	0.65	0.9	0.58	0.81	0.05	0.87	-0.31	0.74	0.82	0.84	-0.94	0.93	0.9	0.89	0.97	0.83
Long Term Debt	0.98	-0.42	0.38	0.96	-0.61	0.82	-0.61	0.78		0.92	0.71	0.84	0.55	0.96	-0.38	0.9	-0.71	0.75	0.85	0.74	-0.66	0.72	0.88	0.79	0.75	0.84
Net Receivables	0.91	-0.15	0.69	0.79	-0.57	0.63	-0.58	0.84	0.92		0.73	0.89	0.57	0.93	-0.06	0.99	-0.43	0.68	0.78	0.81	-0.74	0.85	0.97	0.93	0.78	0.96
Good Will	0.59	-0.32	0.36	0.67	-0.4	0.8	-0.6	0.65	0.71	0.73		0.64	0.83	0.54	-0.01	0.69	-0.21	0.86	0.58	0.75	-0.48	0.68	0.73	0.69	0.63	0.74
Inventory	0.86	-0.31	0.74	0.71	-0.75	0.69	-0.81	0.9	0.84	0.89	0.64		0.69	0.88	0.11	0.95	-0.36	0.79	0.91	0.7	-0.9	0.75	0.94	0.85	0.88	0.84
Other Current Assets	0.46	-0.47	0.42	0.49	-0.63	0.75	-0.84	0.58	0.55	0.57	0.83	0.69		0.43	0.28	0.6	-0.07	0.92	0.63	0.44	-0.56	0.44	0.61	0.51	0.61	0.52
Total Liab	0.99	-0.33	0.53	0.88	-0.67	0.66	-0.59	0.81	0.96	0.93	0.54	0.88	0.43		-0.28	0.93	-0.67	0.64	0.86	0.7	-0.75	0.74	0.9	0.84	0.78	0.85
Short Long Term Debt	-0.37	0.33	0.62	-0.58	-0.01	-0.35	-0.16	0.05	-0.38	-0.06	-0.01	0.11	0.28	-0.28		0.01	0.85	-0.02	-0.07	-0.04	-0.16	0.04	0.06	0.08	0.07	0.04
Total Current Assets	0.91	-0.16	0.73	0.76	-0.64	0.63	-0.66	0.87	0.9	0.99	0.69	0.95	0.6	0.93	0.01		-0.41	0.71	0.82	0.77	-0.82	0.83	0.97	0.92	0.81	0.93
Short Term Debt	-0.73	0.5	0.24	-0.84	0.44	-0.59	0.28	-0.31	-0.71	-0.43	-0.21	-0.36	-0.07	-0.67	0.85	-0.41		-0.37	-0.46	-0.21	0.28	-0.21	-0.31	-0.25	-0.31	-0.26
Common Stock	0.68	-0.64	0.34	0.73	-0.74	0.91	-0.89	0.74	0.75	0.68	0.86	0.79	0.92	0.64	-0.02	0.71	-0.37		0.79	0.59	-0.69	0.59	0.72	0.63	0.78	0.62
Property Plant Equipment	0.85	-0.54	0.52	0.75	-0.72	0.78	-0.77	0.82	0.85	0.78	0.58	0.91	0.63	0.86	-0.07	0.82	-0.46	0.79		0.66	-0.76	0.63	0.86	0.75	0.85	0.76
Cash	0.7	-0.13	0.55	0.64	-0.32	0.61	-0.45	0.84	0.74	0.81	0.75	0.7	0.44	0.7	-0.04	0.77	-0.21	0.59	0.66		-0.63	0.91	0.85	0.86	0.77	0.9
Other Assets	-0.71	0.31	-0.71	-0.55	0.82	-0.53	0.84	-0.94	-0.66	-0.74	-0.48	-0.9	-0.56	-0.75	-0.16	-0.82	0.28	-0.69	-0.76	-0.63		-0.79	-0.8	-0.77	-0.91	-0.68
Intangible Assets	0.72	-0.17	0.68	0.6	-0.54	0.49	-0.56	0.93	0.72	0.85	0.68	0.75	0.44	0.74	0.04	0.83	-0.21	0.59	0.63	0.91	-0.79		0.87	0.93	0.87	0.88
Net Debt	0.87	-0.22	0.76	0.72	-0.61	0.65	-0.65	0.9	0.88	0.97	0.73	0.94	0.61	0.9	0.06	0.97	-0.31	0.72	0.86	0.85	-0.8	0.87		0.95	0.87	0.97
Common Stock Shares Outstanding	0.81	-0.18	0.77	0.66	-0.59	0.52	-0.57	0.89	0.79	0.93	0.69	0.85	0.51	0.84	0.08	0.92	-0.25	0.63	0.75	0.86	-0.77	0.93	0.95		0.86	0.96
Capital Lease Obligations	0.77	-0.52	0.64	0.65	-0.82	0.65	-0.84	0.97	0.75	0.78	0.63	0.88	0.61	0.78	0.07	0.81	-0.31	0.78	0.85	0.77	-0.91	0.87	0.87	0.86		0.77
Net Invested Capital	0.83	-0.08	0.73	0.69	-0.44	0.58	-0.49	0.83	0.84	0.96	0.74	0.84	0.52	0.85	0.04	0.93	-0.26	0.62	0.76	0.9	-0.68	0.88	0.97	0.96	0.77

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Vertex Resource Account Relationship Matchups

Vertex Resource fundamental ratios Accounts

	2020	2021	2022	2023	2024	2025 (projected)
Total Assets	171.9M	151.2M	186.6M	254.4M	292.6M	167.4M
Other Current Liab	4.2M	260K	1.8M	4.2M	3.8M	2.9M
Total Current Liabilities	33.7M	43.4M	58.5M	74.2M	85.3M	51.4M
Total Stockholder Equity	53.6M	48.0M	49.7M	64.7M	74.4M	52.0M
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	(31.0M)	(36.7M)	(35.0M)	(33.0M)	(29.7M)	(31.1M)
Accounts Payable	12.1M	14.7M	20.4M	29.8M	34.2M	35.9M
Long Term Debt	61.6M	42.6M	61.1M	83.3M	95.8M	57.1M
Net Receivables	34.7M	29.4M	42.9M	61.8M	71.1M	41.9M
Good Will	28.1M	24.8M	25.2M	31.7M	36.4M	31.2M
Inventory	2.9M	3.3M	4.2M	4.4M	5.1M	3.4M
Total Liab	118.4M	103.2M	136.9M	189.7M	218.1M	115.4M
Short Long Term Debt	12.4M	17.2M	18.8M	18.5M	16.7M	13.6M
Total Current Assets	40.4M	38.8M	63.4M	82.1M	94.4M	52.2M
Property Plant Equipment	91.6M	96.7M	84.2M	94.6M	108.8M	87.1M
Cash	2.3M	414K	0.0	2.6M	3.0M	3.1M
Non Current Assets Total	131.6M	112.4M	123.1M	172.4M	198.2M	121.9M
Other Assets	6.2M	5.9M	2.8M	1.6M	1.4M	1.3M
Non Current Liabilities Total	84.6M	59.7M	78.3M	115.5M	132.8M	76.7M
Intangible Assets	1.6M	586K	1.8M	8.5M	9.8M	10.2M
Net Debt	73.5M	61.0M	79.9M	99.2M	114.1M	82.8M
Capital Lease Obligations	24.3M	20.1M	20.4M	34.6M	39.8M	41.8M
Net Invested Capital	127.5M	109.0M	129.6M	166.5M	191.5M	146.4M
Net Working Capital	6.6M	(4.6M)	4.9M	7.9M	7.1M	7.2M

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