National Long Term Debt vs Common Stock Total Equity Analysis

EYE Stock

USD 17.90 0.33 1.88%

National Vision financial indicator trend analysis is infinitely more than just investigating National Vision Holdings recent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether National Vision Holdings is a good investment. Please check the relationship between National Vision Long Term Debt and its Common Stock Total Equity accounts. Check out Investing Opportunities to better understand how to build diversified portfolios, which includes a position in National Vision Holdings. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in manufacturing.

Long Term Debt vs Common Stock Total Equity

Long Term Debt vs Common Stock Total Equity Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of National Vision Holdings Long Term Debt account and Common Stock Total Equity. At this time, the significance of the direction appears to have pay attention.

The correlation between National Vision's Long Term Debt and Common Stock Total Equity is -0.95. Overlapping area represents the amount of variation of Long Term Debt that can explain the historical movement of Common Stock Total Equity in the same time period over historical financial statements of National Vision Holdings, assuming nothing else is changed. The correlation between historical values of National Vision's Long Term Debt 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 Long Term Debt of National Vision Holdings 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 Long Term Debt i.e., National Vision's Long Term Debt and Common Stock Total Equity go up and down completely randomly.

Correlation Coefficient

-0.95

Relationship Direction	Negative
Relationship Strength	Significant

View All Relationships

Long Term Debt

Long-term debt is a debt that National Vision Holdings has held for over one year. Long-term debt appears on National Vision Holdings balance sheet and also includes long-term leases. The most common forms of long term debt are bonds payable, long-term notes payable, mortgage payable, pension liabilities, and lease liabilities. In the corporate world, long-term debt is generally used to fund big-ticket items, such as machinery, buildings, and land. The total of long-term debt reported on National Vision Holdings balance sheet is the sum of the balances of all categories of long-term debt. Debt that is not due within the current year and is often considered to be financing activities that are to be repaid over several years.

Common Stock Total Equity

The total value of common stock equity held by shareholders, representing their ownership interest in the company.

Most indicators from National Vision's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into National Vision Holdings 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 Investing Opportunities to better understand how to build diversified portfolios, which includes a position in National Vision Holdings. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in manufacturing.

The current year's Tax Provision is expected to grow to about 4.3 M, whereas Selling General Administrative is forecasted to decline to about 697.7 M.

	2021	2022	2023	2024 (projected)
Gross Profit	1.2B	1.1B	1.0B	922.7M
Total Revenue	2.1B	2.0B	2.1B	1.7B

Gross Profit Total Revenue

National Vision fundamental ratios Correlations

	Common Stock Shares Outstanding	Total Assets	Short Long Term Debt Total	Other Current Liab	Total Current Liabilities	Total Stockholder Equity	Other Liab	Net Tangible Assets	Property Plant And Equipment Net	Current Deferred Revenue	Net Debt	Retained Earnings	Accounts Payable	Cash	Non Current Assets Total	Non Currrent Assets Other	Other Assets	Long Term Debt	Cash And Short Term Investments	Net Receivables	Good Will	Common Stock Total Equity	Long Term Debt Total	Non Current Liabilities Total	Capital Surpluse	Inventory
Common Stock Shares Outstanding		0.8	0.62	0.8	0.76	0.81	-0.79	0.72	0.79	0.66	0.04	0.77	0.77	0.71	0.77	-0.06	0.39	-0.68	0.71	0.64	-0.43	0.74	-0.67	0.44	0.75	0.84
Total Assets	0.8		0.84	0.94	0.98	0.93	-0.9	0.95	0.98	0.88	0.16	0.94	0.96	0.88	0.98	-0.18	0.74	-0.79	0.88	0.89	-0.53	0.91	-0.77	0.7	0.93	0.89
Short Long Term Debt Total	0.62	0.84		0.67	0.77	0.63	-0.63	0.7	0.81	0.58	0.53	0.71	0.77	0.81	0.82	-0.21	0.69	-0.38	0.81	0.6	-0.37	0.56	-0.37	0.93	0.6	0.61
Other Current Liab	0.8	0.94	0.67		0.97	0.92	-0.87	0.91	0.91	0.91	-0.07	0.9	0.95	0.83	0.91	0.02	0.69	-0.85	0.83	0.88	-0.54	0.93	-0.81	0.54	0.95	0.87
Total Current Liabilities	0.76	0.98	0.77	0.97		0.91	-0.87	0.94	0.96	0.94	0.13	0.95	0.97	0.82	0.97	-0.16	0.79	-0.82	0.82	0.94	-0.53	0.93	-0.8	0.66	0.94	0.87
Total Stockholder Equity	0.81	0.93	0.63	0.92	0.91		-0.95	0.92	0.93	0.85	-0.09	0.91	0.89	0.8	0.91	-0.2	0.55	-0.88	0.8	0.86	-0.47	0.95	-0.88	0.4	0.97	0.95
Other Liab	-0.79	-0.9	-0.63	-0.87	-0.87	-0.95		-0.88	-0.93	-0.8	-0.11	-0.81	-0.78	-0.67	-0.93	0.05	-0.42	0.9	-0.67	-0.79	0.56	-0.94	0.9	-0.41	-0.94	-0.96
Net Tangible Assets	0.72	0.95	0.7	0.91	0.94	0.92	-0.88		0.91	0.91	0.06	0.89	0.93	0.79	0.93	-0.18	0.71	-0.86	0.79	0.93	-0.68	0.93	-0.84	0.57	0.94	0.87
Property Plant And Equipment Net	0.79	0.98	0.81	0.91	0.96	0.93	-0.93	0.91		0.86	0.24	0.93	0.9	0.79	0.99	-0.22	0.67	-0.81	0.79	0.88	-0.47	0.92	-0.8	0.64	0.94	0.93
Current Deferred Revenue	0.66	0.88	0.58	0.91	0.94	0.85	-0.8	0.91	0.86		0.02	0.89	0.89	0.67	0.89	-0.19	0.72	-0.87	0.67	0.94	-0.6	0.91	-0.85	0.49	0.9	0.81
Net Debt	0.04	0.16	0.53	-0.07	0.13	-0.09	-0.11	0.06	0.24	0.02		0.06	0.01	-0.07	0.29	-0.11	0.16	0.07	-0.07	0.03	-0.21	-0.03	0.04	0.61	-0.05	0.09
Retained Earnings	0.77	0.94	0.71	0.9	0.95	0.91	-0.81	0.89	0.93	0.89	0.06		0.94	0.8	0.91	-0.38	0.77	-0.8	0.8	0.93	-0.43	0.89	-0.79	0.55	0.9	0.87
Accounts Payable	0.77	0.96	0.77	0.95	0.97	0.89	-0.78	0.93	0.9	0.89	0.01	0.94		0.9	0.9	-0.2	0.83	-0.73	0.9	0.92	-0.5	0.87	-0.7	0.67	0.89	0.81
Cash	0.71	0.88	0.81	0.83	0.82	0.8	-0.67	0.79	0.79	0.67	-0.07	0.8	0.9		0.76	-0.17	0.7	-0.5	1.0	0.68	-0.29	0.68	-0.47	0.68	0.75	0.66
Non Current Assets Total	0.77	0.98	0.82	0.91	0.97	0.91	-0.93	0.93	0.99	0.89	0.29	0.91	0.9	0.76		-0.15	0.69	-0.83	0.76	0.89	-0.59	0.92	-0.82	0.68	0.93	0.91
Non Currrent Assets Other	-0.06	-0.18	-0.21	0.02	-0.16	-0.2	0.05	-0.18	-0.22	-0.19	-0.11	-0.38	-0.2	-0.17	-0.15		-0.27	0.01	-0.17	-0.31	-0.25	-0.1	0.07	-0.07	-0.12	-0.19
Other Assets	0.39	0.74	0.69	0.69	0.79	0.55	-0.42	0.71	0.67	0.72	0.16	0.77	0.83	0.7	0.69	-0.27		-0.45	0.7	0.8	-0.35	0.61	-0.4	0.75	0.63	0.44
Long Term Debt	-0.68	-0.79	-0.38	-0.85	-0.82	-0.88	0.9	-0.86	-0.81	-0.87	0.07	-0.8	-0.73	-0.5	-0.83	0.01	-0.45		-0.5	-0.84	0.67	-0.95	0.99	-0.22	-0.92	-0.89
Cash And Short Term Investments	0.71	0.88	0.81	0.83	0.82	0.8	-0.67	0.79	0.79	0.67	-0.07	0.8	0.9	1.0	0.76	-0.17	0.7	-0.5		0.68	-0.29	0.68	-0.47	0.68	0.75	0.66
Net Receivables	0.64	0.89	0.6	0.88	0.94	0.86	-0.79	0.93	0.88	0.94	0.03	0.93	0.92	0.68	0.89	-0.31	0.8	-0.84	0.68		-0.53	0.93	-0.82	0.5	0.92	0.83
Good Will	-0.43	-0.53	-0.37	-0.54	-0.53	-0.47	0.56	-0.68	-0.47	-0.6	-0.21	-0.43	-0.5	-0.29	-0.59	-0.25	-0.35	0.67	-0.29	-0.53		-0.55	0.66	-0.4	-0.51	-0.52
Common Stock Total Equity	0.74	0.91	0.56	0.93	0.93	0.95	-0.94	0.93	0.92	0.91	-0.03	0.89	0.87	0.68	0.92	-0.1	0.61	-0.95	0.68	0.93	-0.55		-0.93	0.39	0.99	0.93
Long Term Debt Total	-0.67	-0.77	-0.37	-0.81	-0.8	-0.88	0.9	-0.84	-0.8	-0.85	0.04	-0.79	-0.7	-0.47	-0.82	0.07	-0.4	0.99	-0.47	-0.82	0.66	-0.93		-0.19	-0.9	-0.9
Non Current Liabilities Total	0.44	0.7	0.93	0.54	0.66	0.4	-0.41	0.57	0.64	0.49	0.61	0.55	0.67	0.68	0.68	-0.07	0.75	-0.22	0.68	0.5	-0.4	0.39	-0.19		0.42	0.38
Capital Surpluse	0.75	0.93	0.6	0.95	0.94	0.97	-0.94	0.94	0.94	0.9	-0.05	0.9	0.89	0.75	0.93	-0.12	0.63	-0.92	0.75	0.92	-0.51	0.99	-0.9	0.42		0.93
Inventory	0.84	0.89	0.61	0.87	0.87	0.95	-0.96	0.87	0.93	0.81	0.09	0.87	0.81	0.66	0.91	-0.19	0.44	-0.89	0.66	0.83	-0.52	0.93	-0.9	0.38	0.93

Click cells to compare fundamentals

National Vision Account Relationship Matchups

National Vision fundamental ratios Accounts

	2019	2020	2021	2022	2023	2024 (projected)
Common Stock Shares Outstanding	81.7M	82.8M	96.1M	80.3M	78.3M	83.7M
Total Assets	2.0B	2.3B	2.3B	2.3B	2.3B	2.1B
Short Long Term Debt Total	953.4M	1.0B	973.3M	1.0B	923.5M	920.9M
Other Current Liab	82.8M	110.3M	119.3M	94.2M	123.3M	99.6M
Total Current Liabilities	273.2M	328.7M	343.8M	344.3M	397.7M	302.9M
Total Stockholder Equity	776.4M	906.5M	926.0M	901.1M	829.4M	798.1M
Other Liab	93.8M	111.5M	115.0M	124.4M	111.9M	107.8M
Net Tangible Assets	(298.7M)	187.0M	(134.2M)	228.0M	262.2M	275.3M
Property Plant And Equipment Net	714.9M	681.4M	701.3M	742.6M	769.1M	578.4M
Current Deferred Revenue	83.9M	91.6M	95.2M	103.4M	111.0M	99.0M
Net Debt	914.1M	667.2M	667.5M	773.4M	773.6M	782.8M
Retained Earnings	107.1M	142.9M	278.4M	320.5M	254.6M	144.6M
Accounts Payable	40.8M	64.9M	64.3M	65.3M	67.6M	55.7M
Cash	39.3M	373.9M	305.8M	229.4M	149.9M	138.1M
Non Current Assets Total	1.8B	1.8B	1.8B	1.8B	1.9B	1.8B
Non Currrent Assets Other	8.1M	17.7M	17.0M	(73.1M)	27.2M	28.6M
Other Assets	8.1M	17.7M	17.0M	22.0M	25.3M	14.0M
Long Term Debt	555.9M	624.6M	543.6M	563.4M	450.8M	472.5M
Cash And Short Term Investments	39.3M	373.9M	305.8M	229.4M	149.9M	138.1M
Net Receivables	44.5M	58.0M	55.7M	79.9M	86.9M	59.0M
Common Stock Total Equity	805K	821K	838K	842K	968.3K	819.1K
Long Term Debt Total	555.9M	651.8M	566.1M	563.4M	507.0M	494.9M
Liabilities And Stockholders Equity	2.0B	2.3B	2.3B	2.3B	2.3B	2.1B
Non Current Liabilities Total	983.1M	1.1B	1.0B	1.0B	1.1B	1.0B
Capital Surpluse	700.1M	795.7M	750.5M	767.1M	882.2M	709.9M
Inventory	127.6M	111.3M	123.7M	123.2M	119.9M	119.1M
Other Current Assets	23.3M	23.5M	29.4M	41.4M	40.0M	30.7M
Other Stockholder Equity	672.3M	767.2M	648.7M	580.9M	574.4M	658.8M
Total Liab	1.3B	1.4B	1.4B	1.4B	1.5B	1.3B
Property Plant And Equipment Gross	714.9M	681.4M	701.3M	742.6M	1.3B	1.4B
Short Long Term Debt	13.8M	3.6M	4.0M	4.1M	10.5M	7.3M
Total Current Assets	234.6M	566.7M	514.6M	473.8M	396.7M	346.9M
Accumulated Other Comprehensive Income	(3.8M)	(4.4M)	(1.9M)	(1.2M)	(419K)	(440.0K)
Short Term Debt	65.7M	62.0M	64.9M	81.3M	95.9M	48.8M
Intangible Assets	297.5M	290.1M	282.6M	275.2M	260.8M	238.1M
Common Stock	805K	821K	838K	842K	848K	831.7K
Property Plant Equipment	714.9M	681.4M	701.3M	742.6M	854.0M	544.7M
Capital Lease Obligations	383.7M	412.9M	429.7M	435.3M	462.2M	297.4M

Pair Trading with National Vision

One of the main advantages of trading using pair correlations is that every trade hedges away some risk. Because there are two separate transactions required, even if National Vision position performs unexpectedly, the other equity can make up some of the losses. Pair trading also minimizes risk from directional movements in the market. For example, if an entire industry or sector drops because of unexpected headlines, the short position in National Vision will appreciate offsetting losses from the drop in the long position's value.

The ability to find closely correlated positions to National Vision could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace National Vision when you sell it. If you don't do this, your portfolio allocation will be skewed against your target asset allocation. So, investors can't just sell and buy back National Vision - that would be a violation of the tax code under the "wash sale" rule, and this is why you need to find a similar enough asset and use the proceeds from selling National Vision Holdings to buy it.

The correlation of National Vision is a statistical measure of how it moves in relation to other instruments. This measure is expressed in what is known as the correlation coefficient, which ranges between -1 and +1. A perfect positive correlation (i.e., a correlation coefficient of +1) implies that as National Vision moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if National Vision Holdings moves in either direction, the perfectly negatively correlated security will move in the opposite direction. If the correlation is 0, the equities are not correlated; they are entirely random. A correlation greater than 0.8 is generally described as strong, whereas a correlation less than 0.5 is generally considered weak.

Correlation analysis and pair trading evaluation for National Vision can also be used as hedging techniques within a particular sector or industry or even over random equities to generate a better risk-adjusted return on your portfolios.

Pair Correlation Correlation Matching

When determining whether National Vision Holdings is a strong investment it is important to analyze National Vision's competitive position within its industry, examining market share, product or service uniqueness, and competitive advantages. Beyond financials and market position, potential investors should also consider broader economic conditions, industry trends, and any regulatory or geopolitical factors that may impact National Vision's future performance. For an informed investment choice regarding National Stock, refer to the following important reports:

How To Invest In National

Details

Is National Stock a good investment?

Details

What is National Vision's Net Worth?

Details

Largest Consumer Discretionary Distribution & Retail Companies

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Largest Consumer Discretionary Companies

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Check out Investing Opportunities to better understand how to build diversified portfolios, which includes a position in National Vision Holdings. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in manufacturing.

You can also try the Efficient Frontier module to plot and analyze your portfolio and positions against risk-return landscape of the market..

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When running National Vision's price analysis, check to measure National Vision'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 National Vision is operating at the current time. Most of National Vision's value examination focuses on studying past and present price action to predict the probability of National Vision's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move National Vision's price. Additionally, you may evaluate how the addition of National Vision to your portfolios can decrease your overall portfolio volatility.

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Is National Vision's industry 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 National Vision. If investors know National 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 National Vision 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

(0.41)

Earnings Share

(0.84)

Revenue Per Share

27.153

Quarterly Revenue Growth

0.08

Return On Assets

0.01

The market value of National Vision Holdings is measured differently than its book value, which is the value of National that is recorded on the company's balance sheet. Investors also form their own opinion of National Vision's value that differs from its market value or its book value, called intrinsic value, which is National Vision'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 National Vision's market value can be influenced by many factors that don't directly affect National Vision'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 National Vision's value and its price as these two are different measures arrived at by different means. Investors typically determine if National Vision is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, National Vision'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.

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National Long Term Debt vs Common Stock Total Equity Analysis

Long Term Debt vs Common Stock Total Equity

Long Term Debt vs Common Stock Total Equity Correlation Analysis

Correlation Coefficient

Long Term Debt

Common Stock Total Equity

National Vision fundamental ratios Correlations

National Vision Account Relationship Matchups

High Positive Relationship

High Negative Relationship

National Vision fundamental ratios Accounts

Pair Trading with National Vision

Complementary Tools for National Stock analysis

COMMON DESTINATIONS

MAIN CATEGORIES

COMPANY

Cash And Short Term Investments	+ 1.0	Cash
Non Current Assets Total	+ 0.99	Property Plant And Equipment Net
Long Term Debt Total	+ 0.99	Long Term Debt
Capital Surpluse	+ 0.99	Common Stock Total Equity
Total Current Liabilities	+ 0.98	Total Assets
Property Plant And Equipment Net	+ 0.98	Total Assets

Inventory	- 0.96	Other Liab
Common Stock Total Equity	- 0.95	Long Term Debt
Other Liab	- 0.95	Total Stockholder Equity
Capital Surpluse	- 0.94	Other Liab
Common Stock Total Equity	- 0.94	Other Liab
Long Term Debt Total	- 0.93	Common Stock Total Equity