Viad Total Assets vs Total Current Assets Analysis

VVI Stock  USD 44.96  0.01  0.02%   
Viad Corp financial indicator trend analysis is much more than just breaking down Viad Corp prevalent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Viad Corp is a good investment. Please check the relationship between Viad Corp Total Assets and its Total Current Assets accounts. Check out World Market Map to better understand how to build diversified portfolios, which includes a position in Viad Corp. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in real.
For more detail on how to invest in Viad Stock please use our How to Invest in Viad Corp guide.

Total Assets vs Total Current Assets

Total Assets vs Total Current Assets Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Viad Corp Total Assets account and Total Current Assets. At this time, the significance of the direction appears to have strong relationship.
The correlation between Viad Corp's Total Assets and Total Current Assets is 0.79. Overlapping area represents the amount of variation of Total Assets that can explain the historical movement of Total Current Assets in the same time period over historical financial statements of Viad Corp, assuming nothing else is changed. The correlation between historical values of Viad Corp's Total Assets and Total Current 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 Total Assets of Viad Corp are associated (or correlated) with its Total Current Assets. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Total Current Assets has no effect on the direction of Total Assets i.e., Viad Corp's Total Assets and Total Current Assets go up and down completely randomly.

Correlation Coefficient

0.79
Relationship DirectionPositive 
Relationship StrengthSignificant

Total Assets

Total assets refers to the total amount of Viad Corp assets owned. Assets are items that have some economic value and are expended over time to create a benefit for the owner. These assets are usually recorded in Viad Corp books under different categories such as cash, marketable securities, accounts receivable,prepaid expenses, inventory, fixed assets, intangible assets, other assets, marketable securities, accounts receivable, prepaid expenses and others. The total value of all owned resources that are expected to provide future economic benefits to the business, including cash, investments, accounts receivable, inventory, property, plant, equipment, and intangible assets.

Total Current Assets

The total value of all assets that are expected to be converted into cash within one year or during the normal operating cycle.
Most indicators from Viad Corp's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Viad Corp 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 Viad Corp. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in real.
For more detail on how to invest in Viad Stock please use our How to Invest in Viad Corp guide.The Viad Corp's current Sales General And Administrative To Revenue is estimated to increase to 0.01, while Selling General Administrative is projected to decrease to under 12.2 M.
 2021 2022 2023 2024 (projected)
Total Operating Expenses11.7M13.4M14.0M13.3M
Cost Of Revenue554.3M838.1M1.1B1.3B

Viad Corp fundamental ratios Correlations

0.640.780.750.450.70.250.480.750.980.760.770.790.30.60.690.670.370.930.560.790.020.830.82-0.780.83
0.640.420.45-0.070.930.86-0.020.330.710.380.340.580.370.90.240.7-0.060.790.860.40.130.630.44-0.380.4
0.780.420.850.80.33-0.10.820.980.641.00.980.850.770.430.980.540.810.580.140.99-0.150.931.0-1.00.99
0.750.450.850.830.350.040.850.790.660.860.790.920.670.240.820.250.760.520.110.860.380.90.87-0.830.83
0.45-0.070.80.83-0.17-0.511.00.80.290.830.80.690.67-0.170.88-0.020.960.11-0.40.810.140.70.79-0.810.79
0.70.930.330.35-0.170.82-0.130.280.80.290.30.450.140.880.150.76-0.210.870.940.330.090.530.37-0.310.35
0.250.86-0.10.04-0.510.82-0.46-0.20.41-0.14-0.190.17-0.010.73-0.280.43-0.490.520.84-0.120.270.18-0.080.14-0.12
0.48-0.020.820.851.0-0.13-0.460.80.320.850.80.710.68-0.140.88-0.020.960.14-0.370.820.180.730.81-0.820.8
0.750.330.980.790.80.28-0.20.80.60.981.00.790.720.390.980.550.80.550.10.99-0.240.870.98-0.980.98
0.980.710.640.660.290.80.410.320.60.620.620.70.160.640.530.660.190.970.670.650.110.760.69-0.650.7
0.760.381.00.860.830.29-0.140.850.980.620.970.840.770.380.990.490.830.550.080.98-0.130.930.99-1.00.99
0.770.340.980.790.80.3-0.190.81.00.620.970.790.70.390.970.560.790.560.110.99-0.240.870.98-0.980.98
0.790.580.850.920.690.450.170.710.790.70.840.790.670.430.790.450.650.630.30.880.190.870.88-0.820.82
0.30.370.770.670.670.14-0.010.680.720.160.770.70.670.330.760.320.740.13-0.050.74-0.070.720.72-0.730.68
0.60.90.430.24-0.170.880.73-0.140.390.640.380.390.430.330.270.89-0.120.790.880.4-0.30.540.44-0.40.43
0.690.240.980.820.880.15-0.280.880.980.530.990.970.790.760.270.420.880.44-0.040.97-0.190.870.97-0.980.97
0.670.70.540.25-0.020.760.43-0.020.550.660.490.560.450.320.890.42-0.010.790.770.54-0.50.510.55-0.520.56
0.37-0.060.810.760.96-0.21-0.490.960.80.190.830.790.650.74-0.120.88-0.010.05-0.430.80.040.690.78-0.820.78
0.930.790.580.520.110.870.520.140.550.970.550.560.630.130.790.440.790.050.810.58-0.060.680.63-0.570.63
0.560.860.140.11-0.40.940.84-0.370.10.670.080.110.3-0.050.88-0.040.77-0.430.810.14-0.050.290.17-0.110.16
0.790.40.990.860.810.33-0.120.820.990.650.980.990.880.740.40.970.540.80.580.14-0.130.90.99-0.980.98
0.020.13-0.150.380.140.090.270.18-0.240.11-0.13-0.240.19-0.07-0.3-0.19-0.50.04-0.06-0.05-0.130.09-0.130.17-0.18
0.830.630.930.90.70.530.180.730.870.760.930.870.870.720.540.870.510.690.680.290.90.090.94-0.920.92
0.820.441.00.870.790.37-0.080.810.980.690.990.980.880.720.440.970.550.780.630.170.99-0.130.94-0.990.99
-0.78-0.38-1.0-0.83-0.81-0.310.14-0.82-0.98-0.65-1.0-0.98-0.82-0.73-0.4-0.98-0.52-0.82-0.57-0.11-0.980.17-0.92-0.99-1.0
0.830.40.990.830.790.35-0.120.80.980.70.990.980.820.680.430.970.560.780.630.160.98-0.180.920.99-1.0
Click cells to compare fundamentals

Viad Corp Account Relationship Matchups

Viad Corp fundamental ratios Accounts

201920202021202220232024 (projected)
Total Assets1.3B853.2M1.0B1.1B1.1B2.3B
Short Long Term Debt Total445.5M379.5M565.2M584.7M576.1M386.7M
Other Current Liab71.5M33.5M63.3M85.5M52.4M49.8M
Total Current Liabilities548.8M97.7M175.1M211.1M229.8M218.3M
Total Stockholder Equity467.5M96.0M6.3M14.5M43.4M41.3M
Property Plant And Equipment Net604.2M574.9M645.0M652.4M702.7M737.8M
Net Debt383.5M340.0M503.6M525.0M523.4M319.0M
Retained Earnings123.0M(253.2M)(349.7M)(334.3M)(326.1M)(309.8M)
Cash62.0M39.5M61.6M59.7M52.7M69.5M
Non Current Assets Total1.1B762.0M840.0M850.8M901.5M1.8B
Non Currrent Assets Other42.0M12.0M12.7M14.0M12.8M12.1M
Cash And Short Term Investments62.0M39.5M61.6M59.7M52.7M82.1M
Net Receivables139.5M18.2M93.9M122.7M128.7M99.8M
Common Stock Shares Outstanding20.3M20.3M20.4M20.8M21.1M16.9M
Liabilities And Stockholders Equity1.3B853.2M1.0B1.1B1.1B2.3B
Non Current Liabilities Total216.5M576.2M765.2M777.4M770.2M556.6M
Inventory17.3M8.7M8.6M10.8M10.2M9.6M
Other Current Assets637K24.8M33.6M46.4M44.2M42.0M
Other Stockholder Equity342.8M213.6M213.4M226.0M107.3M102.0M
Total Liab765.3M673.9M940.3M988.6M1000.0M1.8B
Property Plant And Equipment Gross604.2M574.9M1.0B1.0B1.1B1.2B
Total Current Assets260.9M91.3M197.6M239.6M235.8M224.0M
Accumulated Other Comprehensive Income(35.7M)(30.6M)(27.4M)(47.2M)(40.4M)(42.4M)
Short Term Debt339.0M39.7M37.7M40.1M43.0M55.8M
Intangible Assets94.3M71.2M65.2M59.0M56.0M53.2M
Accounts Payable86.7M21.0M69.7M73.0M77.4M107.7M
Good Will288.0M99.8M112.1M121.4M123.9M173.0M
Other Liab110.0M91.9M92.6M86.8M78.1M69.7M
Other Assets68.2M98.8M13.7M(1K)1.00.95
Long Term Debt23.7M285.4M386.1M395.0M444.3M466.5M
Treasury Stock(237.8M)(231.6M)(225.7M)(220.7M)(253.8M)(266.5M)
Property Plant Equipment500.9M492.2M549.1M652.4M750.2M787.7M
Current Deferred Revenue51.6M18.9M40.0M46.2M53.0M32.2M
Net Tangible Assets91.4M(69.8M)(152.3M)(165.9M)(149.3M)(141.8M)
Noncontrolling Interest In Consolidated Entity14.3M79.7M78.1M85.6M98.4M103.3M
Retained Earnings Total Equity109.0M123.0M(253.2M)(349.7M)(314.7M)(299.0M)
Long Term Debt Total23.7M285.4M446.6M456.8M525.3M551.5M

Currently Active Assets on Macroaxis

When determining whether Viad Corp offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of Viad Corp's financial statements, including income statements, balance sheets, and cash flow statements, to assess its financial health. Key financial ratios are used to gauge profitability, efficiency, and growth potential of Viad Corp Stock. Outlined below are crucial reports that will aid in making a well-informed decision on Viad Corp Stock:
Check out World Market Map to better understand how to build diversified portfolios, which includes a position in Viad Corp. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in real.
For more detail on how to invest in Viad Stock please use our How to Invest in Viad Corp guide.
You can also try the AI Portfolio Architect module to use AI to generate optimal portfolios and find profitable investment opportunities.
Is Commercial Services & Supplies 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 Viad Corp. If investors know Viad 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 Viad Corp 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
0.168
Earnings Share
1.02
Revenue Per Share
66.429
Quarterly Revenue Growth
0.245
Return On Assets
0.0629
The market value of Viad Corp is measured differently than its book value, which is the value of Viad that is recorded on the company's balance sheet. Investors also form their own opinion of Viad Corp's value that differs from its market value or its book value, called intrinsic value, which is Viad Corp'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 Viad Corp's market value can be influenced by many factors that don't directly affect Viad Corp'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 Viad Corp's value and its price as these two are different measures arrived at by different means. Investors typically determine if Viad Corp is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Viad Corp'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.