000920 Stock | | | 9.31 0.02 0.22% |
Vontron Technology financial indicator trend analysis is much more than just breaking down Vontron Technology prevalent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Vontron Technology is a good investment. Please check the relationship between Vontron Technology Total Revenue and its Income Before Tax accounts. Check out
Trending Equities to better understand how to build diversified portfolios, which includes a position in Vontron Technology Co. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as
signals in nation.
Total Revenue vs Income Before Tax
Total Revenue vs Income Before Tax Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of
Vontron Technology Total Revenue account and
Income Before Tax. At this time, the significance of the direction appears to have weak relationship.
The correlation between Vontron Technology's Total Revenue and Income Before Tax is 0.36. Overlapping area represents the amount of variation of Total Revenue that can explain the historical movement of Income Before Tax in the same time period over historical financial statements of Vontron Technology Co, assuming nothing else is changed. The correlation between historical values of Vontron Technology's Total Revenue and Income Before Tax is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Total Revenue of Vontron Technology Co are associated (or correlated) with its Income Before Tax. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Income Before Tax has no effect on the direction of Total Revenue i.e., Vontron Technology's Total Revenue and Income Before Tax go up and down completely randomly.
Correlation Coefficient | 0.36 |
Relationship Direction | Positive |
Relationship Strength | Very Weak |
Total Revenue
Total revenue comprises all receipts Vontron Technology generated from the sale of its products or services. The total amount of income generated by the sale of goods or services related to the company's primary operations.
Income Before Tax
Income Before Tax which can also be referred as pre-tax income is reported on Vontron Technology income statement and is an important metric when analyzing Vontron Technology profitability. Accounting techniques because taxes can be complex, and not perfectly consistent from one company to company, an analyst may use pre-tax income as a more stable measure of profitability.
Most indicators from Vontron Technology's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Vontron Technology 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
Trending Equities to better understand how to build diversified portfolios, which includes a position in Vontron Technology Co. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as
signals in nation.
The current year's
Selling General Administrative is expected to grow to about 196.3
M, whereas
Tax Provision is projected to grow to (335.4
K).
| 2021 | 2022 | 2023 | 2024 (projected) |
Operating Income | 155.0M | 147.5M | 164.3M | 106.2M | Total Revenue | 1.4B | 1.5B | 1.7B | 1.4B |
Vontron Technology fundamental ratios Correlations
Click cells to compare fundamentals
Vontron Technology Account Relationship Matchups
High Positive Relationship
High Negative Relationship
Vontron Technology fundamental ratios Accounts
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Other Information on Investing in Vontron Stock
Balance Sheet is a snapshot of the
financial position of Vontron Technology at a specified time, usually calculated after every quarter, six months, or one year. Vontron Technology Balance Sheet has two main parts: assets and liabilities. Liabilities are the debts or obligations of Vontron Technology and are divided into current liabilities and long term liabilities. An asset, on the other hand, is anything of value that can be converted into cash and which Vontron currently owns. An asset can also be divided into two categories, current and non-current.