VOXX Enterprise Value vs Accounts Payable Analysis

VOXX Stock  USD 7.28  0.08  1.11%   
VOXX International financial indicator trend analysis is much more than just breaking down VOXX International prevalent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether VOXX International is a good investment. Please check the relationship between VOXX International Enterprise Value and its Accounts Payable accounts. Check out World Market Map to better understand how to build diversified portfolios, which includes a position in VOXX International. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in interest.
For more information on how to buy VOXX Stock please use our How to Invest in VOXX International guide.

Enterprise Value vs Accounts Payable

Enterprise Value vs Accounts Payable Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of VOXX International Enterprise Value account and Accounts Payable. At this time, the significance of the direction appears to have weak relationship.
The correlation between VOXX International's Enterprise Value and Accounts Payable is 0.36. Overlapping area represents the amount of variation of Enterprise Value that can explain the historical movement of Accounts Payable in the same time period over historical financial statements of VOXX International, assuming nothing else is changed. The correlation between historical values of VOXX International's Enterprise Value and Accounts Payable is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Enterprise Value of VOXX International are associated (or correlated) with its Accounts Payable. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Accounts Payable has no effect on the direction of Enterprise Value i.e., VOXX International's Enterprise Value and Accounts Payable go up and down completely randomly.

Correlation Coefficient

0.36
Relationship DirectionPositive 
Relationship StrengthVery Weak

Enterprise Value

Enterprise Value (or EV) is usually referred to as VOXX International theoretical takeover price. In the event of an acquisition, an acquirer would have to take on VOXX International debt, but would also pocket its cash. Enterprise Value is more accurate representation of VOXX International value than its market capitalization because it takes into account all of VOXX International existing debt. A measure of a company's total value, often used as a more comprehensive alternative to equity market capitalization that includes the market capitalization, plus total debt, minority interest and preferred shares, minus total cash and cash equivalents.

Accounts Payable

An accounting item on the balance sheet that represents VOXX International obligation to pay off a short-term debt to its creditors. The accounts payable entry is usually reported under current liabilities. If accounts payable of VOXX International are not paid within the agreed terms, the payables are considered to be in default, which may trigger a penalty or interest payment, or the revocation of additional credit from the supplier. Accounts payable may also be considered a source of cash, since they represent funds being borrowed from suppliers. Given these cash flow considerations, suppliers have a natural inclination to push for shorter payment terms, while creditors want to lengthen the payment terms. The amount a company owes to suppliers or vendors for products or services received but not yet paid for. It represents the company's short-term liabilities.
Most indicators from VOXX International's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into VOXX International 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 VOXX International. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in interest.
For more information on how to buy VOXX Stock please use our How to Invest in VOXX International guide.Tax Provision is likely to rise to about 926.1 K in 2024, whereas Selling General Administrative is likely to drop slightly above 68.3 M in 2024.
 2021 2022 2023 2024 (projected)
Gross Profit169.5M134.3M109.8M129.1M
Total Revenue635.9M534.0M394.9M692.2M

VOXX International fundamental ratios Correlations

0.790.070.650.850.910.680.88-0.080.960.58-0.10.790.740.810.810.440.760.880.660.860.680.930.750.750.48
0.79-0.10.380.390.680.970.55-0.490.870.59-0.520.70.240.990.50.020.260.920.480.480.870.860.450.250.01
0.07-0.10.730.05-0.06-0.05-0.16-0.07-0.07-0.07-0.10.10.16-0.070.490.420.130.180.340.32-0.23-0.150.410.1-0.06
0.650.380.730.490.460.350.4-0.110.490.18-0.120.60.510.420.860.680.50.690.490.80.220.420.850.510.28
0.850.390.050.490.870.230.930.370.770.430.350.530.950.420.70.510.960.50.630.810.40.760.660.920.66
0.910.68-0.060.460.870.590.89-0.020.940.45-0.070.520.80.710.690.450.820.710.710.660.550.930.710.750.59
0.680.97-0.050.350.230.590.38-0.680.780.52-0.710.610.110.970.470.00.130.890.470.360.770.770.380.12-0.03
0.880.55-0.160.40.930.890.380.290.860.580.260.560.80.560.590.390.830.580.520.720.590.870.640.770.55
-0.08-0.49-0.07-0.110.37-0.02-0.680.29-0.19-0.090.99-0.130.34-0.51-0.190.060.35-0.46-0.210.14-0.18-0.170.010.30.11
0.960.87-0.070.490.770.940.780.86-0.190.62-0.230.680.650.880.690.310.680.860.650.690.750.990.670.630.41
0.580.59-0.070.180.430.450.520.58-0.090.62-0.110.560.20.590.25-0.160.210.520.30.380.650.640.170.190.01
-0.1-0.52-0.1-0.120.35-0.07-0.710.260.99-0.23-0.11-0.10.32-0.54-0.20.050.33-0.47-0.250.15-0.2-0.21-0.040.310.14
0.790.70.10.60.530.520.610.56-0.130.680.56-0.10.380.720.60.20.390.830.30.840.60.630.50.470.19
0.740.240.160.510.950.80.110.80.340.650.20.320.380.270.750.651.00.390.70.760.180.610.640.980.77
0.810.99-0.070.420.420.710.970.56-0.510.880.59-0.540.720.270.540.090.30.940.510.510.820.870.50.270.07
0.810.50.490.860.70.690.470.59-0.190.690.25-0.20.60.750.540.720.740.750.770.860.310.640.770.770.59
0.440.020.420.680.510.450.00.390.060.31-0.160.050.20.650.090.720.630.320.480.59-0.240.250.780.630.69
0.760.260.130.50.960.820.130.830.350.680.210.330.391.00.30.740.630.410.680.760.220.640.660.970.75
0.880.920.180.690.50.710.890.58-0.460.860.52-0.470.830.390.940.750.320.410.550.720.720.820.680.420.19
0.660.480.340.490.630.710.470.52-0.210.650.3-0.250.30.70.510.770.480.680.550.540.280.620.460.660.5
0.860.480.320.80.810.660.360.720.140.690.380.150.840.760.510.860.590.760.720.540.40.630.740.810.52
0.680.87-0.230.220.40.550.770.59-0.180.750.65-0.20.60.180.820.31-0.240.220.720.280.40.780.270.19-0.17
0.930.86-0.150.420.760.930.770.87-0.170.990.64-0.210.630.610.870.640.250.640.820.620.630.780.620.60.4
0.750.450.410.850.660.710.380.640.010.670.17-0.040.50.640.50.770.780.660.680.460.740.270.620.590.44
0.750.250.10.510.920.750.120.770.30.630.190.310.470.980.270.770.630.970.420.660.810.190.60.590.81
0.480.01-0.060.280.660.59-0.030.550.110.410.010.140.190.770.070.590.690.750.190.50.52-0.170.40.440.81
Click cells to compare fundamentals

VOXX International Account Relationship Matchups

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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 VOXX International offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of VOXX International'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 Voxx International Stock. Outlined below are crucial reports that will aid in making a well-informed decision on Voxx International Stock:
Check out World Market Map to better understand how to build diversified portfolios, which includes a position in VOXX International. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in interest.
For more information on how to buy VOXX Stock please use our How to Invest in VOXX International guide.
You can also try the Portfolio Dashboard module to portfolio dashboard that provides centralized access to all your investments.

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Is VOXX International'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 VOXX International. If investors know VOXX 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 VOXX International 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
(0.73)
Earnings Share
(1.64)
Revenue Per Share
21.027
Quarterly Revenue Growth
(0.05)
Return On Assets
(0.02)
The market value of VOXX International is measured differently than its book value, which is the value of VOXX that is recorded on the company's balance sheet. Investors also form their own opinion of VOXX International's value that differs from its market value or its book value, called intrinsic value, which is VOXX International'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 VOXX International's market value can be influenced by many factors that don't directly affect VOXX International'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 VOXX International's value and its price as these two are different measures arrived at by different means. Investors typically determine if VOXX International is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, VOXX International'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.