Vision Other Assets vs Non Currrent Assets Other Analysis

VMAR Stock  USD 0.69  0.03  4.17%   
Vision Marine financial indicator trend analysis is much more than just breaking down Vision Marine Techno prevalent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Vision Marine Techno is a good investment. Please check the relationship between Vision Marine Other Assets and its Non Currrent Assets Other accounts. Check out World Market Map to better understand how to build diversified portfolios, which includes a position in Vision Marine Technologies. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in nation.

Other Assets vs Non Currrent Assets Other

Other Assets vs Non Currrent Assets Other Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Vision Marine Techno Other Assets account and Non Currrent Assets Other. At this time, the significance of the direction appears to have strong relationship.
The correlation between Vision Marine's Other Assets and Non Currrent Assets Other is 0.68. Overlapping area represents the amount of variation of Other Assets that can explain the historical movement of Non Currrent Assets Other in the same time period over historical financial statements of Vision Marine Technologies, assuming nothing else is changed. The correlation between historical values of Vision Marine's Other Assets and Non Currrent Assets Other is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Other Assets of Vision Marine Technologies are associated (or correlated) with its Non Currrent Assets Other. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Non Currrent Assets Other has no effect on the direction of Other Assets i.e., Vision Marine's Other Assets and Non Currrent Assets Other go up and down completely randomly.

Correlation Coefficient

0.68
Relationship DirectionPositive 
Relationship StrengthSignificant

Other Assets

Non Currrent Assets Other

Assets that are not physical or tangible, expected to provide value for more than one year, and not easily converted into cash, such as long-term investments or patents.
Most indicators from Vision Marine's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Vision Marine Techno 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 Vision Marine Technologies. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in nation.
As of 05/14/2024, Tax Provision is likely to grow to about (240.1 K). In addition to that, Selling General Administrative is likely to drop to about 7.2 M
 2021 2022 2023 2024 (projected)
Interest Expense184.9K142.1K163.4K115.8K
Depreciation And Amortization955.5K1.1M1.2M1.3M

Vision Marine fundamental ratios Correlations

0.950.290.710.970.990.950.63-0.71-0.790.670.980.920.62-0.150.860.680.830.570.650.890.860.660.970.210.97
0.950.550.860.840.940.990.69-0.5-0.890.850.970.870.75-0.030.710.640.920.740.780.920.910.780.850.440.85
0.290.550.650.110.330.470.430.06-0.530.70.350.240.390.240.12-0.10.640.620.650.390.460.640.130.710.2
0.710.860.650.510.720.870.83-0.11-0.90.990.810.750.89-0.280.340.510.710.940.860.920.830.860.520.640.54
0.970.840.110.510.950.850.48-0.82-0.640.470.910.850.45-0.090.930.670.760.350.490.750.750.491.00.010.99
0.990.940.330.720.950.940.61-0.74-0.760.670.970.90.59-0.160.880.610.810.560.640.880.830.640.960.20.97
0.950.990.470.870.850.940.72-0.47-0.90.860.990.90.8-0.10.680.710.880.760.780.950.930.780.860.420.84
0.630.690.430.830.480.610.72-0.05-0.910.80.70.850.75-0.550.320.530.630.850.940.820.890.950.480.70.49
-0.71-0.50.06-0.11-0.82-0.74-0.47-0.050.16-0.02-0.56-0.50.060.05-0.95-0.21-0.40.12-0.06-0.36-0.3-0.06-0.820.38-0.86
-0.79-0.89-0.53-0.9-0.64-0.76-0.9-0.910.16-0.9-0.87-0.89-0.830.24-0.44-0.65-0.84-0.86-0.95-0.9-0.98-0.95-0.65-0.7-0.63
0.670.850.70.990.470.670.860.8-0.02-0.90.790.70.91-0.150.270.530.750.950.850.880.830.850.470.670.48
0.980.970.350.810.910.970.990.7-0.56-0.870.790.930.76-0.150.750.750.850.690.730.950.910.730.910.320.89
0.920.870.240.750.850.90.90.85-0.5-0.890.70.930.68-0.430.710.70.750.690.810.920.940.820.850.420.85
0.620.750.390.890.450.590.80.750.06-0.830.910.760.68-0.20.160.760.610.890.710.870.780.720.460.490.41
-0.15-0.030.24-0.28-0.09-0.16-0.1-0.550.050.24-0.15-0.15-0.43-0.2-0.09-0.080.21-0.3-0.3-0.37-0.22-0.31-0.08-0.14-0.13
0.860.710.120.340.930.880.680.32-0.95-0.440.270.750.710.16-0.090.370.640.140.350.570.570.350.93-0.110.97
0.680.64-0.10.510.670.610.710.53-0.21-0.650.530.750.70.76-0.080.370.570.510.440.70.710.460.670.10.55
0.830.920.640.710.760.810.880.63-0.4-0.840.750.850.750.610.210.640.570.630.780.730.880.780.770.510.76
0.570.740.620.940.350.560.760.850.12-0.860.950.690.690.89-0.30.140.510.630.880.850.810.880.360.770.36
0.650.780.650.860.490.640.780.94-0.06-0.950.850.730.810.71-0.30.350.440.780.880.80.921.00.50.840.52
0.890.920.390.920.750.880.950.82-0.36-0.90.880.950.920.87-0.370.570.70.730.850.80.90.80.760.450.75
0.860.910.460.830.750.830.930.89-0.3-0.980.830.910.940.78-0.220.570.710.880.810.920.90.930.760.610.74
0.660.780.640.860.490.640.780.95-0.06-0.950.850.730.820.72-0.310.350.460.780.881.00.80.930.50.830.52
0.970.850.130.521.00.960.860.48-0.82-0.650.470.910.850.46-0.080.930.670.770.360.50.760.760.50.020.99
0.210.440.710.640.010.20.420.70.38-0.70.670.320.420.49-0.14-0.110.10.510.770.840.450.610.830.020.04
0.970.850.20.540.990.970.840.49-0.86-0.630.480.890.850.41-0.130.970.550.760.360.520.750.740.520.990.04
Click cells to compare fundamentals

Vision Marine Account Relationship Matchups

Vision Marine fundamental ratios Accounts

201920202021202220232024 (projected)
Total Assets3.6M38.8M29.1M24.0M27.7M18.2M
Short Long Term Debt Total1.3M3.0M2.6M3.1M3.6M2.0M
Other Current Liab947.8K662.9K473.4K853.0K980.9K759.6K
Total Current Liabilities1.9M2.7M2.9M4.9M5.6M2.9M
Total Stockholder Equity791.9K33.5M24.0M11.6M13.3M12.7M
Net Tangible Assets(132.3K)791.9K23.3M13.6M15.6M8.2M
Property Plant And Equipment Net1.2M4.3M4.5M4.7M5.4M2.9M
Current Deferred Revenue20.4K898.7K1.0M1.8M2.1M2.2M
Net Debt(42.0K)(15.1M)(3.2M)(257.1K)(231.4K)(243.0K)
Retained Earnings(2.4M)(17.6M)(30.7M)(51.5M)(46.4M)(44.1M)
Accounts Payable590.5K560.9K737.9K1.1M1.3M703.6K
Non Current Assets Total1.2M17.5M17.5M15.6M17.9M9.7M
Non Currrent Assets Other40.3K(1.2M)2.9M2.4M2.8M2.9M
Long Term Debt354.5K53.9K155.3K33.8K30.4K28.9K
Cash And Short Term Investments1.3M18.1M5.8M3.4M3.9M5.3M
Net Receivables481.3K652.6K1.2M708.7K815.0K757.7K
Common Stock Shares Outstanding7.4M7.4M8.3M9.3M10.7M8.7M
Liabilities And Stockholders Equity3.6M38.8M29.1M24.0M27.7M18.2M
Non Current Liabilities Total932.9K2.6M2.2M7.6M8.8M9.2M
Capital Lease Obligations673.0K3.0M2.4M2.6M3.0M1.6M
Inventory491.5K2.0M2.1M2.4M2.8M1.6M
Other Stockholder Equity740.0K7.9M10.6M11.7M13.4M14.1M
Total Liab2.8M5.3M5.1M12.5M14.4M15.1M
Net Invested Capital1.4M33.6M24.3M12.0M13.8M13.1M
Short Long Term Debt227.2K10.2K72.1K426.5K490.5K515.1K
Total Current Assets2.4M21.3M11.6M8.5M9.8M8.6M
Accumulated Other Comprehensive Income(365.5K)388.6K697.7K1.0M1.2M1.2M
Capital Stock2.5M42.8M43.4M50.4M58.0M60.9M
Net Working Capital533.8K18.6M8.7M3.6M4.2M5.7M
Short Term Debt348.1K572.3K633.3K1.1M1.2M1.3M
Common Stock2.5M42.8M43.4M50.4M58.0M60.9M
Property Plant Equipment507.5K1.2M4.3M4.5M5.2M5.4M
Cash1.3M18.1M5.8M3.4M3.9M6.3M
Other Current Assets171.0K544.8K2.5M2.0M2.3M1.1M
Some investors attempt to determine whether the market's mood is bullish or bearish by monitoring changes in market sentiment. Unlike more traditional methods such as technical analysis, investor sentiment usually refers to the aggregate attitude towards Vision Marine in the overall investment community. So, suppose investors can accurately measure the market's sentiment. In that case, they can use it for their benefit. For example, some tools to gauge market sentiment could be utilized using contrarian indexes, Vision Marine's short interest history, or implied volatility extrapolated from Vision Marine options trading.

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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.
When determining whether Vision Marine Techno is a strong investment it is important to analyze Vision Marine'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 Vision Marine's future performance. For an informed investment choice regarding Vision Stock, refer to the following important reports:
Check out World Market Map to better understand how to build diversified portfolios, which includes a position in Vision Marine Technologies. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in nation.
Note that the Vision Marine Techno information on this page should be used as a complementary analysis to other Vision Marine's statistical models used to find the right mix of equity instruments to add to your existing portfolios or create a brand new portfolio. You can also try the Portfolio Volatility module to check portfolio volatility and analyze historical return density to properly model market risk.

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When running Vision Marine's price analysis, check to measure Vision Marine'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 Vision Marine is operating at the current time. Most of Vision Marine's value examination focuses on studying past and present price action to predict the probability of Vision Marine's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Vision Marine's price. Additionally, you may evaluate how the addition of Vision Marine to your portfolios can decrease your overall portfolio volatility.
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Is Vision Marine'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 Vision Marine. If investors know Vision 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 Vision Marine listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Earnings Share
(0.95)
Revenue Per Share
0.476
Quarterly Revenue Growth
(0.12)
Return On Assets
(0.47)
Return On Equity
(1.50)
The market value of Vision Marine Techno is measured differently than its book value, which is the value of Vision that is recorded on the company's balance sheet. Investors also form their own opinion of Vision Marine's value that differs from its market value or its book value, called intrinsic value, which is Vision Marine'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 Vision Marine's market value can be influenced by many factors that don't directly affect Vision Marine'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 Vision Marine's value and its price as these two are different measures arrived at by different means. Investors typically determine if Vision Marine is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Vision Marine'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.