| VVPR Stock | | | USD 1.18 0.02 1.72% |
VivoPower International financial indicator trend analysis is much more than just breaking down VivoPower International prevalent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether VivoPower International is a good investment. Please check the relationship between VivoPower International Total Current Liabilities and its Common Stock Total Equity accounts. Check out
World Market Map to better understand how to build diversified portfolios, which includes a position in VivoPower International PLC. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as
signals in american community survey.
Total Current Liabilities vs Common Stock Total Equity
Total Current Liabilities vs Common Stock Total Equity Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of
VivoPower International Total Current Liabilities account and
Common Stock Total Equity. At this time, the significance of the direction appears to have very strong relationship.
The correlation between VivoPower International's Total Current Liabilities and Common Stock Total Equity is 0.81. Overlapping area represents the amount of variation of Total Current Liabilities that can explain the historical movement of Common Stock Total Equity in the same time period over historical financial statements of VivoPower International PLC, assuming nothing else is changed. The correlation between historical values of VivoPower International's Total Current Liabilities and Common Stock Total Equity 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 Current Liabilities of VivoPower International PLC are associated (or correlated) with its Common Stock Total Equity. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Common Stock Total Equity has no effect on the direction of Total Current Liabilities i.e., VivoPower International's Total Current Liabilities and Common Stock Total Equity go up and down completely randomly.
Correlation Coefficient | 0.81 |
| Relationship Direction | Positive |
| Relationship Strength | Strong |
Total Current Liabilities
Total Current Liabilities is an item on VivoPower International balance sheet that include short term debt, accounts payable, accrued salaries payable, payroll taxes payable, accrued liabilities and other debts. Total Current Liabilities of VivoPower International PLC are important to investors because some useful performance ratios such as Current Ratio and Quick Ratio require Total Current Liabilities to be accurate. The total amount of liabilities that a company is expected to pay within one year, including debts, accounts payable, and other short-term financial obligations.
Common Stock Total Equity
The total value of common stock equity held by shareholders, representing their ownership interest in the company.
Most indicators from VivoPower International's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into VivoPower International 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 VivoPower International PLC. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as
signals in american community survey.
At this time, VivoPower International's
Selling General Administrative is relatively stable compared to the past year. As of 12/01/2024,
Tax Provision is likely to grow to about 584.9
K, while
Issuance Of Capital Stock is likely to drop 0.00.
VivoPower International fundamental ratios Correlations
Click cells to compare fundamentals
VivoPower International Account Relationship Matchups
High Positive Relationship
High Negative Relationship
VivoPower International fundamental ratios Accounts
Additional Tools for VivoPower Stock Analysis
When running VivoPower International's price analysis, check to
measure VivoPower International's 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 VivoPower International is operating at the current time. Most of VivoPower International's value examination focuses on studying past and present price action to
predict the probability of VivoPower International's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move VivoPower International's price. Additionally, you may evaluate how the addition of VivoPower International to your portfolios can decrease your overall portfolio volatility.