Veralto Inventory vs Net Tangible Assets Analysis
VLTO Stock | 99.22 0.09 0.09% |
Veralto financial indicator trend analysis is much more than just breaking down Veralto prevalent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Veralto is a good investment. Please check the relationship between Veralto Inventory and its Net Tangible Assets accounts. Check out World Market Map to better understand how to build diversified portfolios, which includes a position in Veralto. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in estimate. To learn how to invest in Veralto Stock, please use our How to Invest in Veralto guide.
Inventory vs Net Tangible Assets
Inventory vs Net Tangible Assets Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Veralto Inventory account and Net Tangible Assets. At this time, the significance of the direction appears to have significant contrarian relationship.
The correlation between Veralto's Inventory and Net Tangible Assets is -0.36. Overlapping area represents the amount of variation of Inventory that can explain the historical movement of Net Tangible Assets in the same time period over historical financial statements of Veralto, assuming nothing else is changed. The correlation between historical values of Veralto's Inventory and Net Tangible 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 Inventory of Veralto are associated (or correlated) with its Net Tangible Assets. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Net Tangible Assets has no effect on the direction of Inventory i.e., Veralto's Inventory and Net Tangible Assets go up and down completely randomly.
Correlation Coefficient | -0.36 |
Relationship Direction | Negative |
Relationship Strength | Insignificant |
Inventory
Net Tangible Assets
The total assets of a company minus any intangible assets such as patents, copyrights, and goodwill; it represents the physical assets of a company.Most indicators from Veralto's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Veralto 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 Veralto. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in estimate. To learn how to invest in Veralto Stock, please use our How to Invest in Veralto guide.As of the 9th of June 2024, Tax Provision is likely to grow to about 238.4 M. Also, Selling General Administrative is likely to grow to about 1.6 B
2021 | 2022 | 2023 | 2024 (projected) | Depreciation And Amortization | 106M | 90M | 87M | 78.6M | Tax Provision | 186M | 224M | 231M | 238.4M |
Veralto fundamental ratios Correlations
Click cells to compare fundamentals
Veralto Account Relationship Matchups
High Positive Relationship
High Negative Relationship
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When determining whether Veralto offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of Veralto'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 Veralto Stock. Outlined below are crucial reports that will aid in making a well-informed decision on Veralto Stock:Check out World Market Map to better understand how to build diversified portfolios, which includes a position in Veralto. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in estimate. To learn how to invest in Veralto Stock, please use our How to Invest in Veralto guide.You can also try the Cryptocurrency Center module to build and monitor diversified portfolio of extremely risky digital assets and cryptocurrency.
Is Environmental & Facilities Services 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 Veralto. If investors know Veralto 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 Veralto 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 (0.06) | Earnings Share 2.93 | Revenue Per Share 20.224 | Quarterly Revenue Growth 0.03 |
The market value of Veralto is measured differently than its book value, which is the value of Veralto that is recorded on the company's balance sheet. Investors also form their own opinion of Veralto's value that differs from its market value or its book value, called intrinsic value, which is Veralto'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 Veralto's market value can be influenced by many factors that don't directly affect Veralto'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 Veralto's value and its price as these two are different measures arrived at by different means. Investors typically determine if Veralto is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Veralto'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.