VivoPower Net Receivables vs Other Current Assets Analysis

VVPR Stock  USD 2.93  0.04  1.38%   
VivoPower International financial indicator trend analysis is much more than just breaking down VivoPower International prevalent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether VivoPower International is a good investment. Please check the relationship between VivoPower International Net Receivables and its Other Current Assets accounts. Check out World Market Map to better understand how to build diversified portfolios, which includes a position in VivoPower International PLC. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in american community survey.

Net Receivables vs Other Current Assets

Net Receivables vs Other Current Assets Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of VivoPower International Net Receivables account and Other Current Assets. At this time, the significance of the direction appears to have very strong relationship.
The correlation between VivoPower International's Net Receivables and Other Current Assets is 0.83. Overlapping area represents the amount of variation of Net Receivables that can explain the historical movement of Other Current Assets in the same time period over historical financial statements of VivoPower International PLC, assuming nothing else is changed. The correlation between historical values of VivoPower International's Net Receivables and Other Current Assets 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 Receivables of VivoPower International PLC are associated (or correlated) with its Other Current Assets. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Other Current Assets has no effect on the direction of Net Receivables i.e., VivoPower International's Net Receivables and Other Current Assets go up and down completely randomly.

Correlation Coefficient

0.83
Relationship DirectionPositive 
Relationship StrengthStrong

Net Receivables

Other Current Assets

Assets expected to be converted into cash, sold, or consumed either in one year or in the operating cycle, which are not included under standard current asset categories.
Most indicators from VivoPower International's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into VivoPower International 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 VivoPower International PLC. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in american community survey.
At this time, VivoPower International's Selling General Administrative is relatively stable compared to the past year. As of 06/01/2024, Tax Provision is likely to grow to about 510.3 K, while Enterprise Value Over EBITDA is likely to drop (102.83).
 2021 2022 2023 2024 (projected)
Reconciled Depreciation1.9M1.6M1.8M1.9M
Depreciation And Amortization1.8M1.6M1.8M1.8M

VivoPower International fundamental ratios Correlations

0.520.430.73-0.640.620.82-0.50.82-0.11-0.03-0.120.7-0.38-0.5-0.490.68-0.53-0.32-0.4-0.520.670.640.470.190.69
0.520.980.68-0.810.830.78-0.030.78-0.47-0.57-0.150.84-0.71-0.66-0.830.85-0.71-0.51-0.54-0.730.770.240.22-0.10.6
0.430.980.54-0.790.790.710.120.7-0.5-0.66-0.020.82-0.69-0.61-0.740.78-0.72-0.4-0.5-0.680.750.130.26-0.090.63
0.730.680.54-0.620.710.83-0.630.83-0.160.04-0.580.61-0.54-0.61-0.870.84-0.46-0.74-0.54-0.650.610.670.07-0.070.3
-0.64-0.81-0.79-0.62-0.83-0.840.02-0.840.50.510.12-0.850.70.680.66-0.810.80.450.640.67-0.81-0.48-0.320.04-0.66
0.620.830.790.71-0.830.88-0.150.88-0.66-0.4-0.290.92-0.89-0.8-0.820.98-0.81-0.66-0.89-0.790.970.640.27-0.10.7
0.820.780.710.83-0.840.88-0.211.0-0.46-0.4-0.310.87-0.73-0.77-0.720.9-0.77-0.59-0.73-0.720.840.750.29-0.060.6
-0.5-0.030.12-0.630.02-0.15-0.21-0.21-0.2-0.730.57-0.080.060.160.45-0.33-0.10.490.10.29-0.15-0.410.110.0-0.07
0.820.780.70.83-0.840.881.0-0.21-0.46-0.4-0.310.87-0.72-0.77-0.720.9-0.77-0.59-0.74-0.720.840.760.29-0.060.6
-0.11-0.47-0.5-0.160.5-0.66-0.46-0.2-0.460.60.38-0.730.910.850.32-0.550.720.620.810.78-0.69-0.420.280.67-0.52
-0.03-0.57-0.660.040.51-0.4-0.4-0.73-0.40.6-0.18-0.560.50.480.09-0.270.610.060.330.4-0.380.02-0.040.31-0.37
-0.12-0.15-0.02-0.580.12-0.29-0.310.57-0.310.38-0.18-0.220.510.610.46-0.40.160.90.480.6-0.19-0.580.730.710.18
0.70.840.820.61-0.850.920.87-0.080.87-0.73-0.56-0.22-0.88-0.88-0.650.88-0.88-0.58-0.77-0.880.940.550.21-0.250.84
-0.38-0.71-0.69-0.540.7-0.89-0.730.06-0.720.910.50.51-0.880.950.67-0.840.80.810.920.91-0.86-0.60.150.53-0.58
-0.5-0.66-0.61-0.610.68-0.8-0.770.16-0.770.850.480.61-0.880.950.59-0.790.790.830.840.96-0.79-0.680.250.63-0.56
-0.49-0.83-0.74-0.870.66-0.82-0.720.45-0.720.320.090.46-0.650.670.59-0.910.510.740.630.68-0.71-0.44-0.10.06-0.37
0.680.850.780.84-0.810.980.9-0.330.9-0.55-0.27-0.40.88-0.84-0.79-0.91-0.75-0.73-0.83-0.80.930.650.21-0.10.63
-0.53-0.71-0.72-0.460.8-0.81-0.77-0.1-0.770.720.610.16-0.880.80.790.51-0.750.480.730.74-0.83-0.51-0.180.25-0.7
-0.32-0.51-0.4-0.740.45-0.66-0.590.49-0.590.620.060.9-0.580.810.830.74-0.730.480.750.84-0.57-0.660.480.64-0.18
-0.4-0.54-0.5-0.540.64-0.89-0.730.1-0.740.810.330.48-0.770.920.840.63-0.830.730.750.73-0.85-0.780.010.33-0.49
-0.52-0.73-0.68-0.650.67-0.79-0.720.29-0.720.780.40.6-0.880.910.960.68-0.80.740.840.73-0.78-0.530.250.61-0.61
0.670.770.750.61-0.810.970.84-0.150.84-0.69-0.38-0.190.94-0.86-0.79-0.710.93-0.83-0.57-0.85-0.780.610.34-0.070.83
0.640.240.130.67-0.480.640.75-0.410.76-0.420.02-0.580.55-0.6-0.68-0.440.65-0.51-0.66-0.78-0.530.610.01-0.190.28
0.470.220.260.07-0.320.270.290.110.290.28-0.040.730.210.150.25-0.10.21-0.180.480.010.250.340.010.880.49
0.19-0.1-0.09-0.070.04-0.1-0.060.0-0.060.670.310.71-0.250.530.630.06-0.10.250.640.330.61-0.07-0.190.880.06
0.690.60.630.3-0.660.70.6-0.070.6-0.52-0.370.180.84-0.58-0.56-0.370.63-0.7-0.18-0.49-0.610.830.280.490.06
Click cells to compare fundamentals

VivoPower International Account Relationship Matchups

VivoPower International fundamental ratios Accounts

201920202021202220232024 (projected)
Total Assets62.4M76.5M69.7M61.4M70.6M65.4M
Other Current Liab7.5M7.0M11.2M4.8M(8.0M)(7.6M)
Total Current Liabilities19.7M13.4M22.9M18.9M2.4M2.3M
Total Stockholder Equity17.7M40.4M22.0M3.7M3.4M3.2M
Net Debt23.1M14.5M27.3M31.8M36.6M38.4M
Retained Earnings(40.8M)(51.6M)(71.5M)(96.3M)(86.7M)(82.3M)
Cash2.8M8.6M1.3M600K540K513K
Non Current Assets Total41.9M52.5M48.5M51.1M58.8M41.3M
Non Currrent Assets Other1.3M(49.5M)(43.3M)51.1M(19K)(20.0K)
Cash And Short Term Investments2.8M8.6M1.3M600K690K655.5K
Common Stock Shares Outstanding13.6M16.3M20.7M2.6M24.7M25.9M
Liabilities And Stockholders Equity62.4M76.5M69.7M61.4M70.7M57.2M
Other Stockholder Equity67.6M97.1M99.3M(8.6M)105.0M53.4M
Total Liab44.5M36.1M47.7M57.7M66.4M42.0M
Total Current Assets20.5M24.0M21.2M10.3M10.3M20.4M
Short Long Term Debt Total26.0M23.1M28.6M32.4M37.3M22.3M
Other Liab169K576K1.3M8.8M10.1M10.6M
Net Tangible Assets(12.1M)(10.3M)(21.4M)(41.7M)(37.6M)(35.7M)
Property Plant And Equipment Net2.5M2.6M3.7M3.7M4.3M2.6M
Accounts Payable4.8M4.3M5.7M7.7M8.9M5.4M
Other Assets1.3M2.5M4.7M5.1M4.6M2.8M
Long Term Debt23.9M21.6M21.4M30M34.5M21.1M
Net Receivables12.1M9.9M8.2M1.6M6.7M7.3M
Good Will21.9M25.8M18.3M17.7M20.4M22.1M
Non Current Liabilities Total24.8M22.7M24.7M55.3M63.6M66.8M
Capital Lease Obligations1.4M1.2M2.6M2.3M2.7M2.8M
Inventory1.0M1.5M1.4M2.1M2.4M2.6M
Other Current Assets4.5M4.0M10.2M608K9.7M7.8M
Property Plant And Equipment Gross2.5M2.6M6.0M5.8M6.6M7.0M
Short Long Term Debt671K276K4.6M2.4M2.8M1.5M
Accumulated Other Comprehensive Income(9.3M)(8.7M)(9.4M)(8.6M)(7.8M)(7.4M)
Short Term Debt1.3M1.0M5.1M2.4M2.2M2.1M
Intangible Assets7.9M21.7M21.8M24.5M28.1M21.9M
Property Plant Equipment2.5M2.6M3.7M3.7M4.3M2.5M
Current Deferred Revenue6.0M1.1M974K318K286.2K271.9K
Net Invested Capital42.3M59.0M44.7M32.4M29.2M37.4M
Net Working Capital794K10.6M(1.8M)7.9M9.1M5.0M

Building efficient market-beating portfolios requires time, education, and a lot of computing power!

The Portfolio Architect is an AI-driven system that provides multiple benefits to our users by leveraging cutting-edge machine learning algorithms, statistical analysis, and predictive modeling to automate the process of asset selection and portfolio construction, saving time and reducing human error for individual and institutional investors.

Try AI Portfolio Architect
When determining whether VivoPower International is a strong investment it is important to analyze VivoPower International'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 VivoPower International's future performance. For an informed investment choice regarding VivoPower 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 VivoPower International PLC. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in american community survey.
You can also try the Pattern Recognition module to use different Pattern Recognition models to time the market across multiple global exchanges.

Complementary Tools for VivoPower Stock analysis

When running VivoPower International's price analysis, check to measure VivoPower International'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 VivoPower International is operating at the current time. Most of VivoPower International's value examination focuses on studying past and present price action to predict the probability of VivoPower International's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move VivoPower International's price. Additionally, you may evaluate how the addition of VivoPower International to your portfolios can decrease your overall portfolio volatility.
Portfolio Holdings
Check your current holdings and cash postion to detemine if your portfolio needs rebalancing
CEOs Directory
Screen CEOs from public companies around the world
Piotroski F Score
Get Piotroski F Score based on the binary analysis strategy of nine different fundamentals
Fundamental Analysis
View fundamental data based on most recent published financial statements
ETFs
Find actively traded Exchange Traded Funds (ETF) from around the world
Top Crypto Exchanges
Search and analyze digital assets across top global cryptocurrency exchanges
Balance Of Power
Check stock momentum by analyzing Balance Of Power indicator and other technical ratios
Price Transformation
Use Price Transformation models to analyze the depth of different equity instruments across global markets
Companies Directory
Evaluate performance of over 100,000 Stocks, Funds, and ETFs against different fundamentals
Cryptocurrency Center
Build and monitor diversified portfolio of extremely risky digital assets and cryptocurrency
Equity Valuation
Check real value of public entities based on technical and fundamental data
Sign In To Macroaxis
Sign in to explore Macroaxis' wealth optimization platform and fintech modules
Is VivoPower International'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 VivoPower International. If investors know VivoPower 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 VivoPower International listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Earnings Share
(6.72)
Revenue Per Share
4.831
Quarterly Revenue Growth
(0.32)
Return On Assets
(0.07)
Return On Equity
(2.98)
The market value of VivoPower International is measured differently than its book value, which is the value of VivoPower that is recorded on the company's balance sheet. Investors also form their own opinion of VivoPower International's value that differs from its market value or its book value, called intrinsic value, which is VivoPower International'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 VivoPower International's market value can be influenced by many factors that don't directly affect VivoPower International'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 VivoPower International's value and its price as these two are different measures arrived at by different means. Investors typically determine if VivoPower International is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, VivoPower International'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.