Vroom Common Stock Total Equity vs Total Current Liabilities Analysis

VRM Stock  USD 10.56  0.01  0.09%   
Vroom financial indicator trend analysis is much more than just breaking down Vroom Inc prevalent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Vroom Inc is a good investment. Please check the relationship between Vroom Common Stock Total Equity and its Total Current Liabilities accounts. Check out World Market Map to better understand how to build diversified portfolios, which includes a position in Vroom Inc. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in metropolitan statistical area.

Common Stock Total Equity vs Total Current Liabilities

Common Stock Total Equity vs Total Current Liabilities Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Vroom Inc Common Stock Total Equity account and Total Current Liabilities. At this time, the significance of the direction appears to have almost identical trend.
The correlation between Vroom's Common Stock Total Equity and Total Current Liabilities is 0.96. Overlapping area represents the amount of variation of Common Stock Total Equity that can explain the historical movement of Total Current Liabilities in the same time period over historical financial statements of Vroom Inc, assuming nothing else is changed. The correlation between historical values of Vroom's Common Stock Total Equity and Total Current Liabilities is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Common Stock Total Equity of Vroom Inc are associated (or correlated) with its Total Current Liabilities. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Total Current Liabilities has no effect on the direction of Common Stock Total Equity i.e., Vroom's Common Stock Total Equity and Total Current Liabilities go up and down completely randomly.

Correlation Coefficient

0.96
Relationship DirectionPositive 
Relationship StrengthVery Strong

Common Stock Total Equity

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

Total Current Liabilities

Total Current Liabilities is an item on Vroom balance sheet that include short term debt, accounts payable, accrued salaries payable, payroll taxes payable, accrued liabilities and other debts. Total Current Liabilities of Vroom Inc are important to investors because some useful performance ratios such as Current Ratio and Quick Ratio require Total Current Liabilities to be accurate. The total amount of liabilities that a company is expected to pay within one year, including debts, accounts payable, and other short-term financial obligations.
Most indicators from Vroom's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Vroom 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 Vroom Inc. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in metropolitan statistical area.
At this time, Vroom's Tax Provision is very stable compared to the past year. As of the 1st of June 2024, Selling General Administrative is likely to grow to about 313 M, while Enterprise Value Over EBITDA is likely to drop (6.86).
 2021 2022 2023 2024 (projected)
Depreciation And Amortization23.6M14.5M45.3M47.5M
Interest Income10.3M19.4M22.7M12.3M

Vroom fundamental ratios Correlations

0.880.950.940.890.550.910.880.810.31-0.790.980.80.70.930.590.970.80.6-0.090.940.930.97-0.370.850.86
0.880.790.980.630.770.70.850.620.65-0.910.840.470.940.960.780.830.470.8-0.340.910.980.83-0.130.610.95
0.950.790.840.820.390.80.830.930.21-0.650.990.830.550.860.420.870.830.440.130.810.830.87-0.180.930.78
0.940.980.840.730.750.80.870.670.57-0.920.880.580.90.980.770.90.580.78-0.320.960.990.9-0.230.680.94
0.890.630.820.730.270.980.760.68-0.05-0.530.850.910.450.720.350.940.910.330.050.850.750.95-0.670.830.66
0.550.770.390.750.270.410.670.140.92-0.940.46-0.040.890.751.00.51-0.040.99-0.830.680.760.49-0.170.060.79
0.910.70.80.80.980.410.750.640.1-0.650.840.840.560.770.480.970.840.48-0.090.910.810.97-0.70.760.7
0.880.850.830.870.760.670.750.560.44-0.80.870.580.760.930.690.830.580.65-0.320.870.920.82-0.310.690.96
0.810.620.930.670.680.140.640.560.05-0.430.890.810.320.650.150.720.810.210.420.590.620.71-0.010.910.52
0.310.650.210.57-0.050.920.10.440.05-0.80.26-0.310.780.560.880.23-0.310.9-0.740.420.570.210.13-0.130.61
-0.79-0.91-0.65-0.92-0.53-0.94-0.65-0.8-0.43-0.8-0.71-0.28-0.93-0.92-0.95-0.75-0.28-0.960.63-0.87-0.91-0.740.23-0.38-0.9
0.980.840.990.880.850.460.840.870.890.26-0.710.820.610.90.50.910.820.510.040.860.880.91-0.250.910.83
0.80.470.830.580.91-0.040.840.580.81-0.31-0.280.820.20.580.030.821.00.030.410.670.570.83-0.430.940.46
0.70.940.550.90.450.890.560.760.320.78-0.930.610.20.870.890.690.20.88-0.60.840.910.69-0.140.330.9
0.930.960.860.980.720.750.770.930.650.56-0.920.90.580.870.780.890.580.77-0.350.950.980.88-0.210.690.97
0.590.780.420.770.351.00.480.690.150.88-0.950.50.030.890.780.570.030.99-0.820.730.780.55-0.260.110.81
0.970.830.870.90.940.510.970.830.720.23-0.750.910.820.690.890.570.820.57-0.130.970.911.0-0.530.80.81
0.80.470.830.580.91-0.040.840.580.81-0.31-0.280.821.00.20.580.030.820.030.410.670.570.83-0.430.940.46
0.60.80.440.780.330.990.480.650.210.9-0.960.510.030.880.770.990.570.03-0.780.720.780.55-0.220.120.78
-0.09-0.340.13-0.320.05-0.83-0.09-0.320.42-0.740.630.040.41-0.6-0.35-0.82-0.130.41-0.78-0.33-0.35-0.110.250.41-0.43
0.940.910.810.960.850.680.910.870.590.42-0.870.860.670.840.950.730.970.670.72-0.330.970.97-0.470.680.91
0.930.980.830.990.750.760.810.920.620.57-0.910.880.570.910.980.780.910.570.78-0.350.970.9-0.290.670.97
0.970.830.870.90.950.490.970.820.710.21-0.740.910.830.690.880.551.00.830.55-0.110.970.9-0.530.810.81
-0.37-0.13-0.18-0.23-0.67-0.17-0.7-0.31-0.010.130.23-0.25-0.43-0.14-0.21-0.26-0.53-0.43-0.220.25-0.47-0.29-0.53-0.18-0.21
0.850.610.930.680.830.060.760.690.91-0.13-0.380.910.940.330.690.110.80.940.120.410.680.670.81-0.180.6
0.860.950.780.940.660.790.70.960.520.61-0.90.830.460.90.970.810.810.460.78-0.430.910.970.81-0.210.6
Click cells to compare fundamentals

Vroom Account Relationship Matchups

Vroom fundamental ratios Accounts

201920202021202220232024 (projected)
Total Assets563.4M1.7B2.4B1.6B1.5B1.5B
Short Long Term Debt Total173.8M347.4M1.1B985.8M1.2B733.3M
Other Current Liab49.9M89.7M179.1M94.5M62.4M92.2M
Total Current Liabilities259.8M482.7M827.3M703.3M856.8M601.7M
Total Stockholder Equity(573.9M)1.2B915.2M475.2M122.2M116.0M
Other Liab3.1M2.2M4.1M18.2M20.9M22.0M
Net Tangible Assets(652.0M)1.1B728.2M316.3M363.8M255.7M
Property Plant And Equipment Net7.8M32.2M52.4M73.8M31.2M37.6M
Current Deferred Revenue17.3M24.8M75.8M10.7M14.0M27.3M
Net Debt(44.0M)(708.8M)7.6M586.8M1.0B1.1B
Retained Earnings(573.9M)(777.9M)(1.1B)(1.6B)(2.0B)(1.9B)
Accounts Payable19.0M32.9M52.7M34.7M26.8M33.2M
Cash217.7M1.1B1.1B398.9M208.8M198.4M
Non Current Assets Total98.1M126.2M264.5M398.9M522.8M276.1M
Non Currrent Assets Other11.5M15.8M25.0M26.0M23.5M19.7M
Other Assets12.1M32.9M25.0M166.2M191.2M200.7M
Cash And Short Term Investments217.7M1.1B1.1B398.9M208.8M198.4M
Net Receivables30.8M60.6M105.4M348.5M525.2M551.4M
Common Stock Shares Outstanding107.6K916.8K1.7M1.7M1.7M1.2M
Liabilities And Stockholders Equity563.4M1.7B2.4B1.6B1.5B1.5B
Non Current Liabilities Total877.4M14.2M624.3M440.5M496.5M398.7M
Inventory205.7M423.6M726.4M320.6M163.3M155.1M
Other Current Assets9.1M23.6M55.7M78.9M55.4M41.8M
Other Stockholder Equity4K2.0B2.1B2.1B2.1B1.5B
Total Liab1.1B497.0M1.5B1.1B1.4B1.1B
Net Invested Capital(400.1M)1.6B2.0B1.4B1.3B1.1B
Short Long Term Debt173.6M329.2M512.8M553.7M744.9M443.3M
Total Current Assets465.3M1.6B2.1B1.2B952.6M1.2B
Non Current Liabilities Other2.9M2.2M13.7M38.3M17.1M14.0M
Net Working Capital205.5M1.1B1.3B516.8M95.8M91.0M
Short Term Debt173.6M335.3M519.7M563.5M753.6M449.1M
Intangible Assets572K34K28.2M158.9M131.9M138.5M
Property Plant Equipment7.8M32.2M52.4M50.2M57.7M33.1M

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When determining whether Vroom Inc is a strong investment it is important to analyze Vroom'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 Vroom's future performance. For an informed investment choice regarding Vroom 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 Vroom Inc. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in metropolitan statistical area.
You can also try the FinTech Suite module to use AI to screen and filter profitable investment opportunities.

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When running Vroom's price analysis, check to measure Vroom'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 Vroom is operating at the current time. Most of Vroom's value examination focuses on studying past and present price action to predict the probability of Vroom's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Vroom's price. Additionally, you may evaluate how the addition of Vroom to your portfolios can decrease your overall portfolio volatility.
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Is Vroom'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 Vroom. If investors know Vroom 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 Vroom listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Earnings Share
(225.67)
Revenue Per Share
509.531
Quarterly Revenue Growth
0.064
Return On Assets
(0.1)
Return On Equity
(1.70)
The market value of Vroom Inc is measured differently than its book value, which is the value of Vroom that is recorded on the company's balance sheet. Investors also form their own opinion of Vroom's value that differs from its market value or its book value, called intrinsic value, which is Vroom'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 Vroom's market value can be influenced by many factors that don't directly affect Vroom'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 Vroom's value and its price as these two are different measures arrived at by different means. Investors typically determine if Vroom is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Vroom'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.