V2X Interest Income vs Income Before Tax Analysis

VVX Stock  USD 59.49  0.67  1.14%   
V2X financial indicator trend analysis is much more than just breaking down V2X Inc prevalent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether V2X Inc is a good investment. Please check the relationship between V2X Interest Income and its Income Before Tax accounts. Check out World Market Map to better understand how to build diversified portfolios, which includes a position in V2X Inc. 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.

Interest Income vs Income Before Tax

Interest Income vs Income Before Tax Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of V2X Inc Interest Income account and Income Before Tax. At this time, the significance of the direction appears to have fragmental relationship.
The correlation between V2X's Interest Income and Income Before Tax is 0.57. Overlapping area represents the amount of variation of Interest Income that can explain the historical movement of Income Before Tax in the same time period over historical financial statements of V2X Inc, assuming nothing else is changed. The correlation between historical values of V2X's Interest Income and Income Before Tax is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Interest Income of V2X Inc are associated (or correlated) with its Income Before Tax. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Income Before Tax has no effect on the direction of Interest Income i.e., V2X's Interest Income and Income Before Tax go up and down completely randomly.

Correlation Coefficient

0.57
Relationship DirectionPositive 
Relationship StrengthWeak

Interest Income

Income earned from the investment of cash or from lending money to others, including interest from bank accounts, bonds, or other interest-bearing investments.

Income Before Tax

Income Before Tax which can also be referred as pre-tax income is reported on V2X income statement and is an important metric when analyzing V2X Inc profitability. Accounting techniques because taxes can be complex, and not perfectly consistent from one company to company, an analyst may use pre-tax income as a more stable measure of profitability.
Most indicators from V2X's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into V2X Inc 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 V2X Inc. 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.
Selling General Administrative is likely to drop to about 114.9 M in 2024. Tax Provision is likely to rise to about (1.8 M) in 2024
 2021 2022 2023 2024 (projected)
Total Revenue1.8B2.9B4.0B4.2B
Depreciation And Amortization16.6M62.1M112.8M118.5M

V2X fundamental ratios Correlations

0.940.830.950.940.90.750.930.960.50.940.520.50.680.950.920.60.590.920.940.7-0.230.920.520.77-0.44
0.940.940.990.990.970.740.990.990.611.00.690.610.841.00.990.760.790.971.00.86-0.170.990.590.89-0.44
0.830.940.890.910.940.740.950.890.790.940.860.790.790.930.950.830.90.830.940.84-0.420.930.720.87-0.57
0.950.990.890.980.960.730.971.00.510.980.640.510.840.980.970.70.730.980.980.84-0.070.980.540.85-0.37
0.940.990.910.980.980.790.970.990.590.990.670.590.840.990.970.750.780.960.980.86-0.150.980.640.87-0.49
0.90.970.940.960.980.830.950.970.60.960.760.60.830.960.940.770.830.90.960.85-0.240.940.730.85-0.53
0.750.740.740.730.790.830.70.770.510.730.580.510.60.720.680.540.630.630.710.63-0.390.670.850.6-0.7
0.930.990.950.970.970.950.70.970.651.00.710.650.821.01.00.780.80.961.00.85-0.221.00.570.89-0.43
0.960.990.891.00.990.970.770.970.530.980.630.530.820.980.960.70.730.960.980.83-0.110.970.580.84-0.43
0.50.610.790.510.590.60.510.650.530.620.691.00.530.610.670.630.770.470.620.64-0.660.610.710.68-0.73
0.941.00.940.980.990.960.731.00.980.620.690.620.831.00.990.760.790.971.00.85-0.191.00.580.89-0.44
0.520.690.860.640.670.760.580.710.630.690.690.690.720.670.720.790.90.570.70.77-0.40.690.690.75-0.45
0.50.610.790.510.590.60.510.650.531.00.620.690.530.610.670.630.770.470.620.64-0.660.610.710.68-0.73
0.680.840.790.840.840.830.60.820.820.530.830.720.530.820.820.80.850.830.830.990.070.840.560.94-0.32
0.951.00.930.980.990.960.721.00.980.611.00.670.610.820.990.750.770.971.00.84-0.180.990.560.88-0.43
0.920.990.950.970.970.940.681.00.960.670.990.720.670.820.990.780.810.951.00.85-0.231.00.560.9-0.43
0.60.760.830.70.750.770.540.780.70.630.760.790.630.80.750.780.870.690.760.83-0.270.760.620.85-0.45
0.590.790.90.730.780.830.630.80.730.770.790.90.770.850.770.810.870.690.790.9-0.330.790.760.87-0.56
0.920.970.830.980.960.90.630.960.960.470.970.570.470.830.970.950.690.690.970.830.040.980.410.85-0.27
0.941.00.940.980.980.960.711.00.980.621.00.70.620.831.01.00.760.790.970.86-0.171.00.560.89-0.41
0.70.860.840.840.860.850.630.850.830.640.850.770.640.990.840.850.830.90.830.86-0.050.860.630.97-0.41
-0.23-0.17-0.42-0.07-0.15-0.24-0.39-0.22-0.11-0.66-0.19-0.4-0.660.07-0.18-0.23-0.27-0.330.04-0.17-0.05-0.14-0.58-0.170.7
0.920.990.930.980.980.940.671.00.970.611.00.690.610.840.991.00.760.790.981.00.86-0.140.520.89-0.37
0.520.590.720.540.640.730.850.570.580.710.580.690.710.560.560.560.620.760.410.560.63-0.580.520.58-0.88
0.770.890.870.850.870.850.60.890.840.680.890.750.680.940.880.90.850.870.850.890.97-0.170.890.58-0.42
-0.44-0.44-0.57-0.37-0.49-0.53-0.7-0.43-0.43-0.73-0.44-0.45-0.73-0.32-0.43-0.43-0.45-0.56-0.27-0.41-0.410.7-0.37-0.88-0.42
Click cells to compare fundamentals

V2X Account Relationship Matchups

V2X fundamental ratios Accounts

201920202021202220232024 (projected)
Common Stock Shares Outstanding11.6M11.8M11.8M21.0M31.1M32.6M
Total Assets636.5M843.8M889.5M3.2B3.1B3.2B
Other Current Liab82.0M113.9M116.9M342.9M244.8M257.1M
Total Current Liabilities242.3M288.4M358.2M783.1M840.2M882.2M
Total Stockholder Equity261.4M304.9M350.1M997.1M990.8M1.0B
Property Plant And Equipment Net33.8M41.3M67.4M131.5M126.6M133.0M
Net Debt40.0M130.6M112.7M1.2B1.1B1.1B
Accounts Payable148.0M159.6M212.5M406.7M453.1M475.7M
Cash35.3M66.9M38.5M116.1M72.7M57.5M
Non Current Assets Total315.8M435.4M466.1M2.3B2.2B2.3B
Non Currrent Assets Other5.1M6.3M10.4M17.9M10.5M6.7M
Cash And Short Term Investments35.3M66.9M38.5M116.1M72.7M57.5M
Net Receivables269.2M315.0M348.6M728.6M706.0M362.0M
Good Will262.0M339.7M321.7M1.7B1.7B1.7B
Liabilities And Stockholders Equity636.5M843.8M889.5M3.2B3.1B3.2B
Non Current Liabilities Total132.8M250.5M181.1M1.5B1.3B1.3B
Inventory40.0M1.8M21.2M74.2M47.0M24.1M
Other Current Assets16.2M26.5M36.2M87.3M49.2M26.1M
Other Stockholder Equity78.8M82.8M88.1M748.9M762.3M800.4M
Total Liab375.1M538.9M539.4M2.2B2.1B2.2B
Total Current Assets320.7M408.4M423.3M931.9M874.9M451.6M
Accumulated Other Comprehensive Income(5.1M)(27K)(5.9M)(5.5M)(2.7M)(2.8M)
Short Term Debt12.2M14.8M22.4M29.4M29.0M23.5M
Short Long Term Debt Total75.3M197.6M151.2M1.3B1.2B1.2B
Retained Earnings187.6M222.0M267.8M253.4M230.9M168.0M
Common Stock115K116K117K305K312K166.0K
Other Assets1.4M13.7M15.6M17.9M20.5M21.6M
Property Plant Equipment55.4M25.5M47.2M78.7M90.5M95.0M
Long Term Debt63.0M168.8M94.2M1.3B1.1B1.2B
Long Term Debt Total63.0M168.8M94.2M1.3B1.5B1.5B
Capital Surpluse78.8M82.8M88.1M748.9M861.2M904.3M
Net Invested Capital330.9M482.3M454.7M2.3B2.1B1.1B
Short Long Term Debt6.5M8.6M10.4M11.9M15.4M10.5M
Capital Stock115K116K117K305K312K197.6K
Non Current Liabilities Other20.0M4.2M2.0M1.5B19.1M18.1M
Net Working Capital78.5M120.0M65.1M148.8M34.7M32.9M
Intangible Assets14.9M48.1M66.6M498.0M407.5M427.9M

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