Vintage Retained Earnings vs Accounts Payable Analysis
VWE Stock | USD 0.27 0.01 2.19% |
Vintage Wine financial indicator trend analysis is much more than just breaking down Vintage Wine Estates prevalent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Vintage Wine Estates is a good investment. Please check the relationship between Vintage Wine Retained Earnings and its Accounts Payable accounts. Check out World Market Map to better understand how to build diversified portfolios, which includes a position in Vintage Wine Estates. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in housing.
Retained Earnings vs Accounts Payable
Retained Earnings vs Accounts Payable Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Vintage Wine Estates Retained Earnings account and Accounts Payable. At this time, the significance of the direction appears to have strong contrarian relationship.
The correlation between Vintage Wine's Retained Earnings and Accounts Payable is -0.56. Overlapping area represents the amount of variation of Retained Earnings that can explain the historical movement of Accounts Payable in the same time period over historical financial statements of Vintage Wine Estates, assuming nothing else is changed. The correlation between historical values of Vintage Wine's Retained Earnings and Accounts Payable 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 Vintage Wine Estates are associated (or correlated) with its Accounts Payable. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Accounts Payable has no effect on the direction of Retained Earnings i.e., Vintage Wine's Retained Earnings and Accounts Payable go up and down completely randomly.
Correlation Coefficient | -0.56 |
Relationship Direction | Negative |
Relationship Strength | Very Weak |
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.Accounts Payable
An accounting item on the balance sheet that represents Vintage Wine obligation to pay off a short-term debt to its creditors. The accounts payable entry is usually reported under current liabilities. If accounts payable of Vintage Wine Estates are not paid within the agreed terms, the payables are considered to be in default, which may trigger a penalty or interest payment, or the revocation of additional credit from the supplier. Accounts payable may also be considered a source of cash, since they represent funds being borrowed from suppliers. Given these cash flow considerations, suppliers have a natural inclination to push for shorter payment terms, while creditors want to lengthen the payment terms. The amount a company owes to suppliers or vendors for products or services received but not yet paid for. It represents the company's short-term liabilities.Most indicators from Vintage Wine's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Vintage Wine Estates 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 Vintage Wine Estates. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in housing. The current year's Tax Provision is expected to grow to about (31 M). In addition to that, Selling General Administrative is expected to decline to about 104.9 M
2022 | 2023 | 2024 (projected) | Depreciation And Amortization | 23.9M | 24.6M | 17.8M | Minority Interest | 1.3M | 1.1M | 792.9K |
Vintage Wine fundamental ratios Correlations
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Vintage Wine Account Relationship Matchups
High Positive Relationship
High Negative Relationship
Vintage Wine fundamental ratios Accounts
2019 | 2020 | 2021 | 2022 | 2023 | 2024 (projected) | ||
Other Current Liab | 24.7M | 3.4M | 23.9M | 25.2M | 24.9M | 33.8M | |
Total Current Liabilities | 219.5M | 152.7M | 146.2M | 197.3M | 183.1M | 195.3M | |
Other Liab | 20.1M | 31.5M | 47.1M | 4.7M | 5.4M | 5.1M | |
Net Tangible Assets | (5.1M) | 214.8M | 132.0M | 134.4M | 154.5M | 83.6M | |
Retained Earnings | 37.7M | 15.2M | (167.5M) | (571K) | (182.3M) | (173.2M) | |
Accounts Payable | 15.1M | 17.3M | 16.7M | 13.9M | 20.4M | 17.7M | |
Other Assets | 2.8M | 1.8M | 3.5M | 3.6M | 3.2M | 3.9M | |
Net Receivables | 20.9M | 21.2M | 28.7M | 42.1M | 25.1M | 26.5M | |
Inventory | 166.8M | 206.5M | 221.1M | 192.1M | 201.4M | 207.9M | |
Total Current Assets | 198.1M | 233.5M | 382.0M | 300.7M | 264.7M | 299.7M | |
Property Plant Equipment | 162.2M | 213.7M | 236.1M | 249.5M | 287.0M | 209.7M | |
Common Stock Shares Outstanding | 35.3M | 60.5M | 45M | 60.7M | 59.1M | 49.2M | |
Non Current Liabilities Total | 183.1M | 236.5M | 234.8M | 216.2M | 205.2M | 222.9M | |
Other Current Assets | 4.4M | 4.8M | 8.5M | 22.9M | 14.9M | 13.4M | |
Total Liab | 402.6M | 382.7M | 381.0M | 413.5M | 388.4M | 427.4M |
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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 Vintage Wine Estates is a strong investment it is important to analyze Vintage Wine'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 Vintage Wine's future performance. For an informed investment choice regarding Vintage 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 Vintage Wine Estates. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in housing. You can also try the Analyst Advice module to analyst recommendations and target price estimates broken down by several categories.
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Is Vintage Wine'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 Vintage Wine. If investors know Vintage 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 Vintage Wine 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 (0.64) | Earnings Share (2.11) | Revenue Per Share 3.914 | Quarterly Revenue Growth (0.29) | Return On Assets (0.08) |
The market value of Vintage Wine Estates is measured differently than its book value, which is the value of Vintage that is recorded on the company's balance sheet. Investors also form their own opinion of Vintage Wine's value that differs from its market value or its book value, called intrinsic value, which is Vintage Wine'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 Vintage Wine's market value can be influenced by many factors that don't directly affect Vintage Wine'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 Vintage Wine's value and its price as these two are different measures arrived at by different means. Investors typically determine if Vintage Wine is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Vintage Wine'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.