Viatris Non Currrent Assets Other vs Cash Analysis

VTRS Stock  USD 11.22  0.59  5.00%   
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 Non Currrent Assets Other and its Cash 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.

Non Currrent Assets Other vs Cash

Non Currrent Assets Other vs Cash Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Viatris Non Currrent Assets Other account and Cash. At this time, the significance of the direction appears to have almost no relationship.
The correlation between Viatris' Non Currrent Assets Other and Cash is 0.17. Overlapping area represents the amount of variation of Non Currrent Assets Other that can explain the historical movement of Cash in the same time period over historical financial statements of Viatris, assuming nothing else is changed. The correlation between historical values of Viatris' Non Currrent Assets Other and Cash is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Non Currrent Assets Other of Viatris are associated (or correlated) with its Cash. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Cash has no effect on the direction of Non Currrent Assets Other i.e., Viatris' Non Currrent Assets Other and Cash go up and down completely randomly.

Correlation Coefficient

0.17
Relationship DirectionPositive 
Relationship StrengthInsignificant

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.

Cash

Cash refers to the most liquid asset of Viatris, which is listed under current asset account on Viatris balance sheet and usually includes currency, coins, checking accounts, and not deposited checks received from Viatris customers. The amounts must be unrestricted with restricted cash listed in a different Viatris account. The total amount of money in the form of currency that a company has in its possession. This includes all bills, coins, and funds in bank accounts.
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 Expense636.2M592.4M574.9M603.6M
Depreciation And Amortization4.5B3.0B2.7B2.8B

Viatris fundamental ratios Correlations

0.990.730.950.980.970.980.720.661.00.710.970.780.990.970.570.950.990.90.950.640.130.780.99-0.660.78
0.990.730.930.950.961.00.70.590.990.640.950.721.00.970.50.910.990.860.920.610.070.760.98-0.620.78
0.730.730.670.70.680.730.550.340.750.330.710.660.740.610.350.680.730.720.610.220.230.450.73-0.590.72
0.950.930.670.910.960.930.670.550.940.60.960.710.930.950.630.880.960.860.950.810.280.770.92-0.530.69
0.980.950.70.910.940.940.70.720.980.760.940.830.940.930.60.990.950.920.940.60.10.760.97-0.720.75
0.970.960.680.960.940.950.750.680.960.720.980.760.960.970.580.90.970.90.960.680.230.860.93-0.540.67
0.981.00.730.930.940.950.70.560.990.610.950.70.990.970.490.90.990.850.910.610.060.750.98-0.610.78
0.720.70.550.670.70.750.70.510.720.510.810.380.720.690.30.580.720.520.680.47-0.150.770.66-0.640.49
0.660.590.340.550.720.680.560.510.640.990.670.670.620.610.460.740.610.690.710.250.170.660.62-0.560.42
1.00.990.750.940.980.960.990.720.640.680.960.760.990.960.510.950.990.880.920.610.110.750.99-0.690.81
0.710.640.330.60.760.720.610.510.990.680.710.670.660.670.490.780.660.710.760.330.140.690.67-0.560.43
0.970.950.710.960.940.980.950.810.670.960.710.720.960.950.590.890.970.860.960.690.150.860.93-0.620.7
0.780.720.660.710.830.760.70.380.670.760.670.720.710.670.780.890.720.960.820.390.310.620.74-0.470.54
0.991.00.740.930.940.960.990.720.620.990.660.960.710.960.480.90.990.850.910.580.10.760.98-0.620.79
0.970.970.610.950.930.970.970.690.610.960.670.950.670.960.50.890.970.830.930.720.140.810.95-0.540.68
0.570.50.350.630.60.580.490.30.460.510.490.590.780.480.50.650.530.740.760.620.260.60.48-0.190.2
0.950.910.680.880.990.90.90.580.740.950.780.890.890.90.890.650.910.940.930.550.150.70.95-0.70.74
0.990.990.730.960.950.970.990.720.610.990.660.970.720.990.970.530.910.870.940.650.150.770.98-0.610.78
0.90.860.720.860.920.90.850.520.690.880.710.860.960.850.830.740.940.870.920.540.350.730.86-0.510.64
0.950.920.610.950.940.960.910.680.710.920.760.960.820.910.930.760.930.940.920.740.20.860.9-0.530.6
0.640.610.220.810.60.680.610.470.250.610.330.690.390.580.720.620.550.650.540.740.20.590.59-0.20.34
0.130.070.230.280.10.230.06-0.150.170.110.140.150.310.10.140.260.150.150.350.20.20.150.110.160.0
0.780.760.450.770.760.860.750.770.660.750.690.860.620.760.810.60.70.770.730.860.590.150.68-0.350.28
0.990.980.730.920.970.930.980.660.620.990.670.930.740.980.950.480.950.980.860.90.590.110.68-0.710.84
-0.66-0.62-0.59-0.53-0.72-0.54-0.61-0.64-0.56-0.69-0.56-0.62-0.47-0.62-0.54-0.19-0.7-0.61-0.51-0.53-0.20.16-0.35-0.71-0.73
0.780.780.720.690.750.670.780.490.420.810.430.70.540.790.680.20.740.780.640.60.340.00.280.84-0.73
Click cells to compare fundamentals

Viatris Account Relationship Matchups

Viatris fundamental ratios Accounts

201920202021202220232024 (projected)
Total Assets31.3B61.6B54.8B50.0B47.7B50.1B
Short Long Term Debt Total12.7B26.1B21.6B19.3B18.4B19.3B
Other Current Liab4.1B2.4B8.0B3.4B4.1B4.3B
Total Current Liabilities5.6B10.6B9.9B6.7B7.8B8.2B
Total Stockholder Equity11.9B23.0B20.5B21.1B20.5B21.5B
Property Plant And Equipment Net2.4B3.8B3.5B3.3B3.0B3.2B
Net Debt12.2B25.3B20.9B18.0B17.4B18.3B
Retained Earnings6.0B5.4B3.7B5.2B4.6B4.9B
Cash475.6M844.4M701.2M1.3B993.6M1.0B
Non Current Assets Total24.5B48.7B43.9B39.4B35.5B37.2B
Cash And Short Term Investments475.6M1.0B701.2M1.3B1.1B1.1B
Net Receivables3.1B4.8B4.3B3.8B4.0B4.2B
Liabilities And Stockholders Equity31.3B61.6B54.8B50.0B47.7B50.1B
Non Current Liabilities Total13.8B28.0B24.5B22.2B19.4B20.4B
Inventory2.7B5.5B4.0B3.5B3.5B3.6B
Other Current Assets552M1.2B2.0B1.8B3.6B3.8B
Other Stockholder Equity7.6B18.4B18.5B18.6B18.6B19.5B
Total Liab19.4B38.6B34.4B28.9B27.2B28.6B
Property Plant And Equipment Gross2.4B3.8B5.9B5.3B5.0B5.3B
Total Current Assets6.8B12.9B10.9B10.6B12.2B12.8B
Accumulated Other Comprehensive Income(1.8B)(858M)(1.7B)(2.8B)(2.7B)(2.6B)
Short Term Debt1.5B3.5B1.9B1.3B2.0B2.1B
Non Currrent Assets Other58.2M676M5.7B1.1B1.6B785.4M
Accounts Payable1.1B1.3B1.1B1.2B1.4B1.5B
Intangible Assets11.6B29.7B26.1B22.6B19.2B20.1B
Short Term Investments109.1M203.5M233.8M212.6M86.3M144.1M
Current Deferred Revenue(1.1B)3.3B(1.1B)925.9M226.8M131.3M
Good Will9.6B12.3B12.1B10.4B9.9B6.9B
Other Liab2.4B5.4B4.5B4.0B4.6B4.1B
Net Tangible Assets(9.4B)(19.1B)(17.8B)(12.0B)(10.8B)(11.3B)
Other Assets761.3M3.2B5.7B3.0B3.4B2.3B
Long Term Debt11.2B22.4B19.7B18.0B16.2B17.7B
Long Term Investments92.2M47.9M81.4M1.1B1.1B1.2B
Short Long Term Debt567.5M3.4B1.9B1.3B1.9B1.6B
Non Current Liabilities Other266.6M628.9M4.7B555.5M388.7M369.3M
Property Plant Equipment2.4B3.8B3.5B3.3B3.8B3.1B
Net Invested Capital23.7B48.7B21.6B40.3B38.6B35.7B

Viatris Investors Sentiment

The influence of Viatris' investor sentiment on the probability of its price appreciation or decline could be a good factor in your decision-making process regarding taking a position in Viatris. The overall investor sentiment generally increases the direction of a stock movement in a one-year investment horizon. However, the impact of investor sentiment on the entire stock market does not have solid backing from leading economists and market statisticians.
Investor biases related to Viatris' public news can be used to forecast risks associated with an investment in Viatris. The trend in average sentiment can be used to explain how an investor holding Viatris can time the market purely based on public headlines and social activities around Viatris. Please note that most equities that are difficult to arbitrage are affected by market sentiment the most.
Viatris' market sentiment shows the aggregated news analyzed to detect positive and negative mentions from the text and comments. The data is normalized to provide daily scores for Viatris' and other traded tickers. The bigger the bubble, the more accurate is the estimated score. Higher bars for a given day show more participation in the average Viatris' news discussions. The higher the estimated score, the more favorable is the investor's outlook on Viatris.
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 Viatris 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, Viatris' short interest history, or implied volatility extrapolated from Viatris options trading.

Also Currently Popular

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 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:
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 Global Correlations module to find global opportunities by holding instruments from different markets.

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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.