Viatris Retained Earnings vs Non Currrent Assets Other 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 Retained Earnings and its Non Currrent Assets Other 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.

Retained Earnings vs Non Currrent Assets Other

Retained Earnings vs Non Currrent Assets Other Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Viatris Retained Earnings account and Non Currrent Assets Other. At this time, the significance of the direction appears to have weak contrarian relationship.
The correlation between Viatris' Retained Earnings and Non Currrent Assets Other is -0.15. Overlapping area represents the amount of variation of Retained Earnings that can explain the historical movement of Non Currrent Assets Other in the same time period over historical financial statements of Viatris, assuming nothing else is changed. The correlation between historical values of Viatris' Retained Earnings and Non Currrent Assets Other is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Retained Earnings of Viatris are associated (or correlated) with its Non Currrent Assets Other. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Non Currrent Assets Other has no effect on the direction of Retained Earnings i.e., Viatris' Retained Earnings and Non Currrent Assets Other go up and down completely randomly.

Correlation Coefficient

-0.15
Relationship DirectionNegative 
Relationship StrengthInsignificant

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.

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.
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

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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:
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 Companies Directory module to evaluate performance of over 100,000 Stocks, Funds, and ETFs against different fundamentals.

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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.