Viatris Net Income vs Begin Period Cash Flow Analysis

VTRS Stock

USD 10.05 0.06 0.59%

Viatris financial indicator trend analysis is much more than just breaking down Viatris prevalent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Viatris is a good investment. Please check the relationship between Viatris Net Income and its Begin Period Cash Flow accounts. Check out World Market Map to better understand how to build diversified portfolios, which includes a position in Viatris. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in metropolitan statistical area.

For more information on how to buy Viatris Stock please use our How to Invest in Viatris guide.

Net Income vs Begin Period Cash Flow

Net Income vs Begin Period Cash Flow Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Viatris Net Income account and Begin Period Cash Flow. At this time, the significance of the direction appears to have weak contrarian relationship.

The correlation between Viatris' Net Income and Begin Period Cash Flow is -0.13. Overlapping area represents the amount of variation of Net Income that can explain the historical movement of Begin Period Cash Flow in the same time period over historical financial statements of Viatris, assuming nothing else is changed. The correlation between historical values of Viatris' Net Income and Begin Period Cash Flow is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Net Income of Viatris are associated (or correlated) with its Begin Period Cash Flow. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Begin Period Cash Flow has no effect on the direction of Net Income i.e., Viatris' Net Income and Begin Period Cash Flow go up and down completely randomly.

Correlation Coefficient

-0.13

Relationship Direction	Negative
Relationship Strength	Insignificant

View All Relationships

Net Income

Net income is one of the most important fundamental items in finance. It plays a large role in Viatris financial statement analysis. It represents the amount of money remaining after all of Viatris operating expenses, interest, taxes and preferred stock dividends have been deducted from a company total revenue.

Begin Period Cash Flow

The amount of cash a company has at the beginning of a financial reporting period. It serves as the starting point for calculating the period's cash flow from operations, investing, and financing activities.

Most indicators from Viatris' fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Viatris 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 Viatris. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in metropolitan statistical area.

For more information on how to buy Viatris Stock please use our How to Invest in Viatris guide.At this time, Viatris' Selling General Administrative is comparatively stable compared to the past year. Tax Provision is likely to gain to about 730.1 M in 2024, whereas Enterprise Value Over EBITDA is likely to drop 6.10 in 2024.

	2021	2022	2023	2024 (projected)
Interest Expense	636.2M	592.4M	574.9M	603.6M
Depreciation And Amortization	4.5B	3.0B	2.7B	2.8B

Interest Expense Depreciation And Amortization

Viatris fundamental ratios Correlations

	Total Assets	Short Long Term Debt Total	Other Current Liab	Total Current Liabilities	Total Stockholder Equity	Property Plant And Equipment Net	Net Debt	Retained Earnings	Cash	Non Current Assets Total	Cash And Short Term Investments	Net Receivables	Common Stock Shares Outstanding	Non Current Liabilities Total	Inventory	Other Current Assets	Other Stockholder Equity	Total Liab	Property Plant And Equipment Gross	Total Current Assets	Short Term Debt	Non Currrent Assets Other	Accounts Payable	Intangible Assets	Common Stock Total Equity	Short Term Investments
Total Assets		0.99	0.73	0.95	0.98	0.97	0.98	0.72	0.66	1.0	0.71	0.97	0.78	0.99	0.97	0.57	0.95	0.99	0.9	0.95	0.64	0.13	0.78	0.99	-0.66	0.78
Short Long Term Debt Total	0.99		0.73	0.93	0.95	0.96	1.0	0.7	0.59	0.99	0.64	0.95	0.72	1.0	0.97	0.5	0.91	0.99	0.86	0.92	0.61	0.07	0.76	0.98	-0.62	0.78
Other Current Liab	0.73	0.73		0.67	0.7	0.68	0.73	0.55	0.34	0.75	0.33	0.71	0.66	0.74	0.61	0.35	0.68	0.73	0.72	0.61	0.22	0.23	0.45	0.73	-0.59	0.72
Total Current Liabilities	0.95	0.93	0.67		0.91	0.96	0.93	0.67	0.55	0.94	0.6	0.96	0.71	0.93	0.95	0.63	0.88	0.96	0.86	0.95	0.81	0.28	0.77	0.92	-0.53	0.69
Total Stockholder Equity	0.98	0.95	0.7	0.91		0.94	0.94	0.7	0.72	0.98	0.76	0.94	0.83	0.94	0.93	0.6	0.99	0.95	0.92	0.94	0.6	0.1	0.76	0.97	-0.72	0.75
Property Plant And Equipment Net	0.97	0.96	0.68	0.96	0.94		0.95	0.75	0.68	0.96	0.72	0.98	0.76	0.96	0.97	0.58	0.9	0.97	0.9	0.96	0.68	0.23	0.86	0.93	-0.54	0.67
Net Debt	0.98	1.0	0.73	0.93	0.94	0.95		0.7	0.56	0.99	0.61	0.95	0.7	0.99	0.97	0.49	0.9	0.99	0.85	0.91	0.61	0.06	0.75	0.98	-0.61	0.78
Retained Earnings	0.72	0.7	0.55	0.67	0.7	0.75	0.7		0.51	0.72	0.51	0.81	0.38	0.72	0.69	0.3	0.58	0.72	0.52	0.68	0.47	-0.15	0.77	0.66	-0.64	0.49
Cash	0.66	0.59	0.34	0.55	0.72	0.68	0.56	0.51		0.64	0.99	0.67	0.67	0.62	0.61	0.46	0.74	0.61	0.69	0.71	0.25	0.17	0.66	0.62	-0.56	0.42
Non Current Assets Total	1.0	0.99	0.75	0.94	0.98	0.96	0.99	0.72	0.64		0.68	0.96	0.76	0.99	0.96	0.51	0.95	0.99	0.88	0.92	0.61	0.11	0.75	0.99	-0.69	0.81
Cash And Short Term Investments	0.71	0.64	0.33	0.6	0.76	0.72	0.61	0.51	0.99	0.68		0.71	0.67	0.66	0.67	0.49	0.78	0.66	0.71	0.76	0.33	0.14	0.69	0.67	-0.56	0.43
Net Receivables	0.97	0.95	0.71	0.96	0.94	0.98	0.95	0.81	0.67	0.96	0.71		0.72	0.96	0.95	0.59	0.89	0.97	0.86	0.96	0.69	0.15	0.86	0.93	-0.62	0.7
Common Stock Shares Outstanding	0.78	0.72	0.66	0.71	0.83	0.76	0.7	0.38	0.67	0.76	0.67	0.72		0.71	0.67	0.78	0.89	0.72	0.96	0.82	0.39	0.31	0.62	0.74	-0.47	0.54
Non Current Liabilities Total	0.99	1.0	0.74	0.93	0.94	0.96	0.99	0.72	0.62	0.99	0.66	0.96	0.71		0.96	0.48	0.9	0.99	0.85	0.91	0.58	0.1	0.76	0.98	-0.62	0.79
Inventory	0.97	0.97	0.61	0.95	0.93	0.97	0.97	0.69	0.61	0.96	0.67	0.95	0.67	0.96		0.5	0.89	0.97	0.83	0.93	0.72	0.14	0.81	0.95	-0.54	0.68
Other Current Assets	0.57	0.5	0.35	0.63	0.6	0.58	0.49	0.3	0.46	0.51	0.49	0.59	0.78	0.48	0.5		0.65	0.53	0.74	0.76	0.62	0.26	0.6	0.48	-0.19	0.2
Other Stockholder Equity	0.95	0.91	0.68	0.88	0.99	0.9	0.9	0.58	0.74	0.95	0.78	0.89	0.89	0.9	0.89	0.65		0.91	0.94	0.93	0.55	0.15	0.7	0.95	-0.7	0.74
Total Liab	0.99	0.99	0.73	0.96	0.95	0.97	0.99	0.72	0.61	0.99	0.66	0.97	0.72	0.99	0.97	0.53	0.91		0.87	0.94	0.65	0.15	0.77	0.98	-0.61	0.78
Property Plant And Equipment Gross	0.9	0.86	0.72	0.86	0.92	0.9	0.85	0.52	0.69	0.88	0.71	0.86	0.96	0.85	0.83	0.74	0.94	0.87		0.92	0.54	0.35	0.73	0.86	-0.51	0.64
Total Current Assets	0.95	0.92	0.61	0.95	0.94	0.96	0.91	0.68	0.71	0.92	0.76	0.96	0.82	0.91	0.93	0.76	0.93	0.94	0.92		0.74	0.2	0.86	0.9	-0.53	0.6
Short Term Debt	0.64	0.61	0.22	0.81	0.6	0.68	0.61	0.47	0.25	0.61	0.33	0.69	0.39	0.58	0.72	0.62	0.55	0.65	0.54	0.74		0.2	0.59	0.59	-0.2	0.34
Non Currrent Assets Other	0.13	0.07	0.23	0.28	0.1	0.23	0.06	-0.15	0.17	0.11	0.14	0.15	0.31	0.1	0.14	0.26	0.15	0.15	0.35	0.2	0.2		0.15	0.11	0.16	0.0
Accounts Payable	0.78	0.76	0.45	0.77	0.76	0.86	0.75	0.77	0.66	0.75	0.69	0.86	0.62	0.76	0.81	0.6	0.7	0.77	0.73	0.86	0.59	0.15		0.68	-0.35	0.28
Intangible Assets	0.99	0.98	0.73	0.92	0.97	0.93	0.98	0.66	0.62	0.99	0.67	0.93	0.74	0.98	0.95	0.48	0.95	0.98	0.86	0.9	0.59	0.11	0.68		-0.71	0.84
Common Stock Total Equity	-0.66	-0.62	-0.59	-0.53	-0.72	-0.54	-0.61	-0.64	-0.56	-0.69	-0.56	-0.62	-0.47	-0.62	-0.54	-0.19	-0.7	-0.61	-0.51	-0.53	-0.2	0.16	-0.35	-0.71		-0.73
Short Term Investments	0.78	0.78	0.72	0.69	0.75	0.67	0.78	0.49	0.42	0.81	0.43	0.7	0.54	0.79	0.68	0.2	0.74	0.78	0.64	0.6	0.34	0.0	0.28	0.84	-0.73

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Viatris Account Relationship Matchups

Viatris fundamental ratios Accounts

	2019	2020	2021	2022	2023	2024 (projected)
Total Assets	31.3B	61.6B	54.8B	50.0B	47.7B	50.1B
Short Long Term Debt Total	12.7B	26.1B	21.6B	19.3B	18.4B	19.3B
Other Current Liab	4.1B	2.4B	8.0B	3.4B	4.1B	4.3B
Total Current Liabilities	5.6B	10.6B	9.9B	6.7B	7.8B	8.2B
Total Stockholder Equity	11.9B	23.0B	20.5B	21.1B	20.5B	21.5B
Property Plant And Equipment Net	2.4B	3.8B	3.5B	3.3B	3.0B	3.2B
Net Debt	12.2B	25.3B	20.9B	18.0B	17.4B	18.3B
Retained Earnings	6.0B	5.4B	3.7B	5.2B	4.6B	4.9B
Cash	475.6M	844.4M	701.2M	1.3B	993.6M	1.0B
Non Current Assets Total	24.5B	48.7B	43.9B	39.4B	35.5B	37.2B
Cash And Short Term Investments	475.6M	1.0B	701.2M	1.3B	1.1B	1.1B
Net Receivables	3.1B	4.8B	4.3B	3.8B	4.0B	4.2B
Liabilities And Stockholders Equity	31.3B	61.6B	54.8B	50.0B	47.7B	50.1B
Non Current Liabilities Total	13.8B	28.0B	24.5B	22.2B	19.4B	20.4B
Inventory	2.7B	5.5B	4.0B	3.5B	3.5B	3.6B
Other Current Assets	552M	1.2B	2.0B	1.8B	3.6B	3.8B
Other Stockholder Equity	7.6B	18.4B	18.5B	18.6B	18.6B	19.5B
Total Liab	19.4B	38.6B	34.4B	28.9B	27.2B	28.6B
Property Plant And Equipment Gross	2.4B	3.8B	5.9B	5.3B	5.0B	5.3B
Total Current Assets	6.8B	12.9B	10.9B	10.6B	12.2B	12.8B
Accumulated Other Comprehensive Income	(1.8B)	(858M)	(1.7B)	(2.8B)	(2.7B)	(2.6B)
Short Term Debt	1.5B	3.5B	1.9B	1.3B	2.0B	2.1B
Non Currrent Assets Other	58.2M	676M	5.7B	1.1B	1.6B	785.4M
Accounts Payable	1.1B	1.3B	1.1B	1.2B	1.4B	1.5B
Intangible Assets	11.6B	29.7B	26.1B	22.6B	19.2B	20.1B
Short Term Investments	109.1M	203.5M	233.8M	212.6M	86.3M	144.1M
Current Deferred Revenue	(1.1B)	3.3B	(1.1B)	925.9M	226.8M	131.3M
Good Will	9.6B	12.3B	12.1B	10.4B	9.9B	6.9B
Other Liab	2.4B	5.4B	4.5B	4.0B	4.6B	4.1B
Net Tangible Assets	(9.4B)	(19.1B)	(17.8B)	(12.0B)	(10.8B)	(11.3B)
Other Assets	761.3M	3.2B	5.7B	3.0B	3.4B	2.3B
Long Term Debt	11.2B	22.4B	19.7B	18.0B	16.2B	17.7B
Long Term Investments	92.2M	47.9M	81.4M	1.1B	1.1B	1.2B
Short Long Term Debt	567.5M	3.4B	1.9B	1.3B	1.9B	1.6B
Non Current Liabilities Other	266.6M	628.9M	4.7B	555.5M	388.7M	369.3M
Property Plant Equipment	2.4B	3.8B	3.5B	3.3B	3.8B	3.1B
Net Invested Capital	23.7B	48.7B	21.6B	40.3B	38.6B	35.7B

Pair Trading with Viatris

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 Viatris 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 Viatris will appreciate offsetting losses from the drop in the long position's value.

Moving together with Viatris Stock

0.93

DMTK

DermTech

Pair Corr

Moving against Viatris Stock

0.69	VRAX	Virax Biolabs Group	Pair Corr
0.67	DYAI	Dyadic International	Pair Corr
0.65	ELYM	Eliem Therapeutics	Pair Corr
0.42	ERAS	Erasca Inc	Pair Corr
0.35	VALN	Valneva SE ADR Earnings Call This Week	Pair Corr

The ability to find closely correlated positions to Viatris could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Viatris 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 Viatris - 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 Viatris to buy it.

The correlation of Viatris 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 Viatris moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Viatris 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 Viatris 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

Additional Tools for Viatris Stock Analysis

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

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