Viatris Net Tangible Assets vs Retained Earnings Analysis

VTRS Stock

USD 11.57 0.10 0.87%

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 Tangible Assets and its Retained Earnings 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 tightly coupled 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 Tangible Assets vs Retained Earnings

Net Tangible Assets vs Retained Earnings Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Viatris Net Tangible Assets account and Retained Earnings. At this time, the significance of the direction appears to have no relationship.

The correlation between Viatris' Net Tangible Assets and Retained Earnings is 0.09. Overlapping area represents the amount of variation of Net Tangible Assets that can explain the historical movement of Retained Earnings in the same time period over historical financial statements of Viatris, assuming nothing else is changed. The correlation between historical values of Viatris' Net Tangible Assets and Retained Earnings 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 Tangible Assets of Viatris are associated (or correlated) with its Retained Earnings. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Retained Earnings has no effect on the direction of Net Tangible Assets i.e., Viatris' Net Tangible Assets and Retained Earnings go up and down completely randomly.

Correlation Coefficient

0.09

Relationship Direction	Positive
Relationship Strength	Insignificant

View All Relationships

Net Tangible Assets

The total assets of a company minus any intangible assets such as patents, copyrights, and goodwill; it represents the physical assets of a company.

Retained Earnings

The cumulative amount of net income that a company retains for reinvestment in its operations, rather than distributing it to shareholders as dividends.

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 tightly coupled 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	0.11	0.78	0.99	-0.66	0.45
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	0.05	0.76	0.98	-0.62	0.44
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	0.2	0.45	0.73	-0.59	0.33
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	0.25	0.77	0.92	-0.53	0.49
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	0.08	0.76	0.97	-0.72	0.38
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	0.21	0.86	0.93	-0.54	0.5
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	0.05	0.75	0.98	-0.61	0.43
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	-0.17	0.77	0.66	-0.64	0.3
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	0.15	0.66	0.62	-0.56	0.33
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	0.09	0.75	0.99	-0.69	0.45
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	0.12	0.69	0.67	-0.56	0.31
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	0.13	0.86	0.93	-0.62	0.48
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	0.3	0.62	0.74	-0.47	0.28
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	0.09	0.76	0.98	-0.62	0.48
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	0.13	0.81	0.95	-0.54	0.44
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	0.25	0.6	0.48	-0.19	0.17
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	0.13	0.7	0.95	-0.7	0.35
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	0.13	0.77	0.98	-0.61	0.49
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	0.34	0.73	0.86	-0.51	0.42
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	0.18	0.86	0.9	-0.53	0.42
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		0.18	0.59	0.59	-0.2	0.33
Non Currrent Assets Other	0.11	0.05	0.2	0.25	0.08	0.21	0.05	-0.17	0.15	0.09	0.12	0.13	0.3	0.09	0.13	0.25	0.13	0.13	0.34	0.18	0.18		0.15	0.09	0.19	0.48
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	0.31
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	0.09	0.68		-0.71	0.45
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	0.19	-0.35	-0.71		-0.18
Short Term Investments	0.45	0.44	0.33	0.49	0.38	0.5	0.43	0.3	0.33	0.45	0.31	0.48	0.28	0.48	0.44	0.17	0.35	0.49	0.42	0.42	0.33	0.48	0.31	0.45	-0.18

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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	801.0M
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	166.5M
Current Deferred Revenue	(1.1B)	3.3B	(1.1B)	925.9M	226.8M	137.9M
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

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When determining whether Viatris is a strong investment it is important to analyze Viatris' 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 Viatris' future performance. For an informed investment choice regarding Viatris Stock, refer to the following important reports:

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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 tightly coupled 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.

You can also try the Odds Of Bankruptcy module to get analysis of equity chance of financial distress in the next 2 years.

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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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Is Viatris' 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 Viatris. If investors know Viatris 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 Viatris 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

(0.07)

Dividend Share

0.48

Earnings Share

0.05

Revenue Per Share

12.853

Quarterly Revenue Growth

(0.01)

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

Net Tangible Assets vs Retained Earnings

Net Tangible Assets vs Retained Earnings Correlation Analysis

Correlation Coefficient

Net Tangible Assets

Retained Earnings

Viatris fundamental ratios Correlations

Viatris Account Relationship Matchups

High Positive Relationship

High Negative Relationship

Viatris fundamental ratios Accounts

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COMMON DESTINATIONS

MAIN CATEGORIES

COMPANY

Non Current Assets Total	+ 1.0	Total Assets
Net Debt	+ 1.0	Short Long Term Debt Total
Non Current Liabilities Total	+ 1.0	Short Long Term Debt Total
Short Long Term Debt Total	+ 0.99	Total Assets
Non Current Liabilities Total	+ 0.99	Total Assets
Total Liab	+ 0.99	Total Assets

Common Stock Total Equity	- 0.72	Total Stockholder Equity
Common Stock Total Equity	- 0.71	Intangible Assets
Common Stock Total Equity	- 0.7	Other Stockholder Equity
Common Stock Total Equity	- 0.69	Non Current Assets Total
Common Stock Total Equity	- 0.66	Total Assets
Common Stock Total Equity	- 0.64	Retained Earnings