Vizio Net Tangible Assets vs Good Will Analysis

VZIO Stock  USD 10.59  0.07  0.67%   
Vizio Holding financial indicator trend analysis is much more than just breaking down Vizio Holding Corp prevalent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Vizio Holding Corp is a good investment. Please check the relationship between Vizio Holding Net Tangible Assets and its Good Will accounts. Check out World Market Map to better understand how to build diversified portfolios, which includes a position in Vizio Holding Corp. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in gross domestic product.

Net Tangible Assets vs Good Will

Net Tangible Assets vs Good Will Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Vizio Holding Corp Net Tangible Assets account and Good Will. At this time, the significance of the direction appears to have strong relationship.
The correlation between Vizio Holding's Net Tangible Assets and Good Will is 0.71. Overlapping area represents the amount of variation of Net Tangible Assets that can explain the historical movement of Good Will in the same time period over historical financial statements of Vizio Holding Corp, assuming nothing else is changed. The correlation between historical values of Vizio Holding's Net Tangible Assets and Good Will 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 Vizio Holding Corp are associated (or correlated) with its Good Will. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Good Will has no effect on the direction of Net Tangible Assets i.e., Vizio Holding's Net Tangible Assets and Good Will go up and down completely randomly.

Correlation Coefficient

0.71
Relationship DirectionPositive 
Relationship StrengthSignificant

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.

Good Will

An intangible asset that arises when a company acquires another business for more than the fair market value of its net identifiable assets, representing the value of the brand, customer base, and other intangible factors.
Most indicators from Vizio Holding's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Vizio Holding Corp 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 Vizio Holding Corp. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in gross domestic product.
As of the 17th of May 2024, Tax Provision is likely to grow to about 12.3 M, while Selling General Administrative is likely to drop about 198.2 M.
 2021 2022 2023 2024 (projected)
Gross Profit326.3M312.5M351.7M286.4M
Total Revenue2.1B1.9B1.7B1.5B

Vizio Holding fundamental ratios Correlations

-0.64-0.360.29-0.64-0.930.77-0.62-0.9-0.530.53-0.260.890.180.020.520.360.480.210.05-0.610.610.230.30.50.17
-0.640.14-0.80.20.84-0.90.730.760.48-0.85-0.18-0.73-0.77-0.75-0.88-0.88-0.87-0.79-0.40.57-0.69-0.84-0.82-0.86-0.72
-0.360.140.470.80.17-0.280.590.610.910.250.92-0.61-0.15-0.020.310.170.280.150.02-0.390.380.160.170.320.12
0.29-0.80.470.36-0.60.61-0.26-0.280.130.890.730.250.650.690.960.910.940.810.42-0.720.820.850.850.950.71
-0.640.20.80.360.44-0.430.660.690.830.020.83-0.710.040.160.150.150.140.14-0.02-0.050.080.140.170.120.17
-0.930.840.17-0.60.44-0.90.630.870.43-0.79-0.02-0.86-0.45-0.29-0.79-0.67-0.76-0.51-0.290.77-0.8-0.54-0.58-0.78-0.39
0.77-0.9-0.280.61-0.43-0.9-0.63-0.87-0.570.85-0.040.890.750.470.770.80.810.740.43-0.60.620.750.760.790.54
-0.620.730.59-0.260.660.63-0.630.750.81-0.340.37-0.7-0.36-0.55-0.37-0.37-0.31-0.3-0.250.16-0.3-0.35-0.28-0.35-0.35
-0.90.760.61-0.280.690.87-0.870.750.79-0.530.41-0.99-0.49-0.28-0.5-0.47-0.5-0.4-0.140.39-0.42-0.41-0.46-0.48-0.35
-0.530.480.910.130.830.43-0.570.810.79-0.090.76-0.77-0.38-0.32-0.03-0.13-0.04-0.19-0.08-0.190.13-0.2-0.17-0.02-0.22
0.53-0.850.250.890.02-0.790.85-0.34-0.53-0.090.480.550.720.530.950.930.980.850.52-0.80.830.870.870.980.62
-0.26-0.180.920.730.83-0.02-0.040.370.410.760.48-0.420.180.30.570.490.550.420.2-0.510.550.440.440.570.36
0.89-0.73-0.610.25-0.71-0.860.89-0.7-0.99-0.770.55-0.420.510.220.490.480.50.410.21-0.410.410.410.450.480.29
0.18-0.77-0.150.650.04-0.450.75-0.36-0.49-0.380.720.180.510.760.670.870.750.90.52-0.250.320.90.880.680.71
0.02-0.75-0.020.690.16-0.290.47-0.55-0.28-0.320.530.30.220.760.610.710.60.780.29-0.070.260.810.750.580.84
0.52-0.880.310.960.15-0.790.77-0.37-0.5-0.030.950.570.490.670.610.930.980.80.4-0.80.880.840.860.990.68
0.36-0.880.170.910.15-0.670.8-0.37-0.47-0.130.930.490.480.870.710.930.960.890.63-0.670.740.920.90.950.67
0.48-0.870.280.940.14-0.760.81-0.31-0.5-0.040.980.550.50.750.60.980.960.870.47-0.780.830.890.910.990.68
0.21-0.790.150.810.14-0.510.74-0.3-0.4-0.190.850.420.410.90.780.80.890.870.37-0.390.460.990.980.820.87
0.05-0.40.020.42-0.02-0.290.43-0.25-0.14-0.080.520.20.210.520.290.40.630.470.37-0.470.460.430.30.51-0.05
-0.610.57-0.39-0.72-0.050.77-0.60.160.39-0.19-0.8-0.51-0.41-0.25-0.07-0.8-0.67-0.78-0.39-0.47-0.97-0.43-0.45-0.83-0.14
0.61-0.690.380.820.08-0.80.62-0.3-0.420.130.830.550.410.320.260.880.740.830.460.46-0.970.520.530.880.28
0.23-0.840.160.850.14-0.540.75-0.35-0.41-0.20.870.440.410.90.810.840.920.890.990.43-0.430.520.980.850.86
0.3-0.820.170.850.17-0.580.76-0.28-0.46-0.170.870.440.450.880.750.860.90.910.980.3-0.450.530.980.850.88
0.5-0.860.320.950.12-0.780.79-0.35-0.48-0.020.980.570.480.680.580.990.950.990.820.51-0.830.880.850.850.63
0.17-0.720.120.710.17-0.390.54-0.35-0.35-0.220.620.360.290.710.840.680.670.680.87-0.05-0.140.280.860.880.63
Click cells to compare fundamentals

Vizio Holding Account Relationship Matchups

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When determining whether Vizio Holding Corp offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of Vizio Holding's financial statements, including income statements, balance sheets, and cash flow statements, to assess its financial health. Key financial ratios are used to gauge profitability, efficiency, and growth potential of Vizio Holding Corp Stock. Outlined below are crucial reports that will aid in making a well-informed decision on Vizio Holding Corp Stock:
Check out World Market Map to better understand how to build diversified portfolios, which includes a position in Vizio Holding Corp. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in gross domestic product.
You can also try the Portfolio Diagnostics module to use generated alerts and portfolio events aggregator to diagnose current holdings.

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Is Vizio Holding'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 Vizio Holding. If investors know Vizio 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 Vizio Holding 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
1.117
Earnings Share
0.08
Revenue Per Share
8.516
Quarterly Revenue Growth
(0.01)
Return On Assets
0.0061
The market value of Vizio Holding Corp is measured differently than its book value, which is the value of Vizio that is recorded on the company's balance sheet. Investors also form their own opinion of Vizio Holding's value that differs from its market value or its book value, called intrinsic value, which is Vizio Holding'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 Vizio Holding's market value can be influenced by many factors that don't directly affect Vizio Holding'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 Vizio Holding's value and its price as these two are different measures arrived at by different means. Investors typically determine if Vizio Holding is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Vizio Holding'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.