National Other Liab vs Non Current Liabilities Total Analysis
EYE Stock | USD 12.45 0.23 1.88% |
National Vision financial indicator trend analysis is infinitely more than just investigating National Vision Holdings recent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether National Vision Holdings is a good investment. Please check the relationship between National Vision Other Liab and its Non Current Liabilities Total accounts. Check out Investing Opportunities to better understand how to build diversified portfolios, which includes a position in National Vision Holdings. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in manufacturing.
Other Liab vs Non Current Liabilities Total
Other Liab vs Non Current Liabilities Total Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of National Vision Holdings Other Liab account and Non Current Liabilities Total. At this time, the significance of the direction appears to have significant contrarian relationship.
The correlation between National Vision's Other Liab and Non Current Liabilities Total is -0.33. Overlapping area represents the amount of variation of Other Liab that can explain the historical movement of Non Current Liabilities Total in the same time period over historical financial statements of National Vision Holdings, assuming nothing else is changed. The correlation between historical values of National Vision's Other Liab and Non Current Liabilities Total is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Other Liab of National Vision Holdings are associated (or correlated) with its Non Current Liabilities Total. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Non Current Liabilities Total has no effect on the direction of Other Liab i.e., National Vision's Other Liab and Non Current Liabilities Total go up and down completely randomly.
Correlation Coefficient | -0.33 |
Relationship Direction | Negative |
Relationship Strength | Insignificant |
Other Liab
Non Current Liabilities Total
Most indicators from National Vision's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into National Vision Holdings 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 Investing Opportunities to better understand how to build diversified portfolios, which includes a position in National Vision Holdings. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in manufacturing. The current year's Tax Provision is expected to grow to about 4.3 M, whereas Selling General Administrative is forecasted to decline to about 697.3 M.
2021 | 2022 | 2023 | 2024 (projected) | Gross Profit | 1.2B | 1.1B | 1.1B | 933.5M | Total Revenue | 2.1B | 2.0B | 2.1B | 1.7B |
National Vision fundamental ratios Correlations
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National Vision Account Relationship Matchups
High Positive Relationship
High Negative Relationship
National Vision fundamental ratios Accounts
2019 | 2020 | 2021 | 2022 | 2023 | 2024 (projected) | ||
Common Stock Shares Outstanding | 81.7M | 82.8M | 96.1M | 80.3M | 78.3M | 83.7M | |
Total Assets | 2.0B | 2.3B | 2.3B | 2.3B | 2.2B | 2.1B | |
Short Long Term Debt Total | 953.4M | 1.0B | 973.3M | 1.0B | 923.5M | 920.9M | |
Other Current Liab | 82.8M | 48.4M | 119.3M | 94.1M | 124.4M | 92.1M | |
Total Current Liabilities | 273.2M | 328.7M | 343.8M | 344.3M | 397.7M | 302.9M | |
Total Stockholder Equity | 776.4M | 906.5M | 926.0M | 901.1M | 829.4M | 798.1M | |
Other Liab | 93.8M | 111.5M | 115.0M | 124.4M | 111.9M | 107.8M | |
Net Tangible Assets | (298.7M) | 187.0M | (134.2M) | 228.0M | 262.2M | 275.3M | |
Property Plant And Equipment Net | 714.9M | 681.4M | 701.3M | 742.6M | 769.1M | 578.4M | |
Current Deferred Revenue | 83.9M | 91.6M | 95.2M | 103.4M | 111.0M | 99.0M | |
Net Debt | 914.1M | 667.2M | 667.5M | 773.4M | 773.6M | 782.8M | |
Retained Earnings | 107.1M | 142.9M | 278.4M | 320.5M | 254.6M | 144.6M | |
Accounts Payable | 40.8M | 64.9M | 64.3M | 65.3M | 67.6M | 55.7M | |
Cash | 39.3M | 373.9M | 305.8M | 229.4M | 149.9M | 138.1M | |
Non Current Assets Total | 1.8B | 1.8B | 1.8B | 1.8B | 1.8B | 1.8B | |
Non Currrent Assets Other | 8.1M | 17.7M | 17.0M | (73.1M) | 27.2M | 28.6M | |
Other Assets | 8.1M | 17.7M | 17.0M | 22.0M | (1.1B) | (1.1B) | |
Long Term Debt | 555.9M | 624.6M | 543.6M | 563.4M | 450.8M | 472.5M | |
Cash And Short Term Investments | 39.3M | 373.9M | 305.8M | 229.4M | 149.9M | 138.1M | |
Net Receivables | 44.5M | 58.0M | 55.7M | 79.9M | 86.9M | 59.0M | |
Common Stock Total Equity | 805K | 821K | 838K | 842K | 968.3K | 819.1K | |
Long Term Debt Total | 555.9M | 651.8M | 566.1M | 563.4M | 507.0M | 494.9M | |
Liabilities And Stockholders Equity | 2.0B | 2.3B | 2.3B | 2.3B | 2.2B | 2.1B | |
Non Current Liabilities Total | 983.1M | 1.1B | 1.0B | 1.0B | 945.4M | 1.0B | |
Capital Surpluse | 700.1M | 795.7M | 750.5M | 767.1M | 882.2M | 709.9M | |
Inventory | 127.6M | 111.3M | 123.7M | 123.2M | 119.9M | 119.1M | |
Other Current Assets | 23.3M | 45.8M | 29.4M | 41.4M | 40.0M | 33.4M | |
Other Stockholder Equity | 672.3M | 767.2M | 648.7M | 580.9M | 574.4M | 658.8M | |
Total Liab | 1.3B | 1.4B | 1.4B | 1.4B | 1.3B | 1.3B | |
Property Plant And Equipment Gross | 714.9M | 681.4M | 701.3M | 742.6M | 1.3B | 1.4B | |
Short Long Term Debt | 13.8M | 3.6M | 4.0M | 4.1M | 10.5M | 7.3M | |
Total Current Assets | 234.6M | 566.7M | 514.6M | 473.8M | 396.7M | 346.9M | |
Accumulated Other Comprehensive Income | (3.8M) | (4.4M) | (1.9M) | (1.2M) | (419K) | (440.0K) | |
Short Term Debt | 65.7M | 123.9M | 64.9M | 81.3M | 92.9M | 56.0M | |
Intangible Assets | 297.5M | 290.1M | 282.6M | 275.2M | 260.8M | 238.1M | |
Common Stock | 805K | 821K | 838K | 842K | 848K | 831.7K | |
Property Plant Equipment | 714.9M | 681.4M | 701.3M | 742.6M | 854.0M | 544.7M | |
Capital Lease Obligations | 383.7M | 412.9M | 429.7M | 435.3M | 462.2M | 297.4M |
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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 National Vision Holdings is a strong investment it is important to analyze National Vision'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 National Vision's future performance. For an informed investment choice regarding National Stock, refer to the following important reports:Check out Investing Opportunities to better understand how to build diversified portfolios, which includes a position in National Vision Holdings. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in manufacturing. You can also try the Competition Analyzer module to analyze and compare many basic indicators for a group of related or unrelated entities.
Is Other Specialty Retail space 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 National Vision. If investors know National 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 National Vision 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 (0.34) | Earnings Share (1.03) | Revenue Per Share 27.744 | Quarterly Revenue Growth 0.029 | Return On Assets 0.0097 |
The market value of National Vision Holdings is measured differently than its book value, which is the value of National that is recorded on the company's balance sheet. Investors also form their own opinion of National Vision's value that differs from its market value or its book value, called intrinsic value, which is National Vision'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 National Vision's market value can be influenced by many factors that don't directly affect National Vision'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 National Vision's value and its price as these two are different measures arrived at by different means. Investors typically determine if National Vision is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, National Vision'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.