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 Tax Provision and its Depreciation And Amortization 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.
Tax Provision vs Depreciation And Amortization
Tax Provision vs Depreciation And Amortization Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of
V2X Inc Tax Provision account and
Depreciation And Amortization. At this time, the significance of the direction appears to have pay attention.
The correlation between V2X's Tax Provision and Depreciation And Amortization is -0.83. Overlapping area represents the amount of variation of Tax Provision that can explain the historical movement of Depreciation And Amortization 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 Tax Provision and Depreciation And Amortization is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Tax Provision of V2X Inc are associated (or correlated) with its Depreciation And Amortization. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Depreciation And Amortization has no effect on the direction of Tax Provision i.e., V2X's Tax Provision and Depreciation And Amortization go up and down completely randomly.
Correlation Coefficient | -0.83 |
Relationship Direction | Negative |
Relationship Strength | Significant |
Tax Provision
The amount set aside by a company to cover any estimated taxes for the current period. It reflects the company's expected tax liabilities.
Depreciation And Amortization
The systematic reduction in the recorded value of an intangible asset. This includes the allocation of the cost of tangible assets to periods in which the assets are used, representing the expense related to the wear and tear, deterioration, or obsolescence of physical assets and intangible assets over their useful lives.
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 Revenue | 1.8B | 2.9B | 4.0B | 4.2B | Depreciation And Amortization | 16.6M | 62.1M | 112.8M | 118.5M |
V2X fundamental ratios Correlations
Click cells to compare fundamentals
V2X Account Relationship Matchups
High Positive Relationship
High Negative Relationship
V2X fundamental ratios Accounts
Also Currently Popular
Analyzing currently trending equities could be an opportunity to develop a better portfolio based on different market momentums that they can trigger. Utilizing the top trending stocks is also useful when creating a market-neutral strategy or pair trading technique involving a short or a long position in a currently trending equity.
Additional Tools for V2X Stock Analysis
When running V2X's price analysis, check to
measure V2X'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 V2X is operating at the current time. Most of V2X's value examination focuses on studying past and present price action to
predict the probability of V2X's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move V2X's price. Additionally, you may evaluate how the addition of V2X to your portfolios can decrease your overall portfolio volatility.