Vertex Retained Earnings vs Capital Lease Obligations 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 Retained Earnings and its Capital Lease Obligations 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.

Retained Earnings vs Capital Lease Obligations

Retained Earnings vs Capital Lease Obligations Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Vertex Resource Group Retained Earnings account and Capital Lease Obligations. At this time, the significance of the direction appears to have pay attention.

The correlation between Vertex Resource's Retained Earnings and Capital Lease Obligations is -0.84. Overlapping area represents the amount of variation of Retained Earnings that can explain the historical movement of Capital Lease Obligations 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 Retained Earnings and Capital Lease Obligations is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Retained Earnings of Vertex Resource Group are associated (or correlated) with its Capital Lease Obligations. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Capital Lease Obligations has no effect on the direction of Retained Earnings i.e., Vertex Resource's Retained Earnings and Capital Lease Obligations go up and down completely randomly.

Correlation Coefficient

-0.84

Relationship Direction	Negative
Relationship Strength	Significant

View All Relationships

Retained Earnings

The cumulative amount of net income that a company retains for reinvestment in its operations, rather than distributing it to shareholders as dividends.

Capital Lease Obligations

Vertex Resource Group capital lease obligations are the amount due for long-term lease agreements that are nearly equivalent to Vertex Resource asset purchases. For example, Vertex Resource can use a capital lease to finance the purchase of an asset without ever buying it. A capital lease gives companies such as Vertex Resource control over an asset for a big portion of its life. The total obligations of a company under capital leases, which are lease agreements that transfer substantially all risks and rewards of ownership to the lessee.

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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