Virgin Property Plant And Equipment Net vs Retained Earnings Analysis

GROV Stock  USD 1.51  0.20  15.27%   
Virgin Group financial indicator trend analysis is much more than just breaking down Virgin Group Acquisition prevalent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Virgin Group Acquisition is a good investment. Please check the relationship between Virgin Group Property Plant And Equipment Net and its Retained Earnings accounts. Check out Risk vs Return Analysis to better understand how to build diversified portfolios, which includes a position in Virgin Group Acquisition. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in persons.

Property Plant And Equipment Net vs Retained Earnings

Property Plant And Equipment Net vs Retained Earnings Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Virgin Group Acquisition Property Plant And Equipment Net account and Retained Earnings. At this time, the significance of the direction appears to have strong contrarian relationship.
The correlation between Virgin Group's Property Plant And Equipment Net and Retained Earnings is -0.64. Overlapping area represents the amount of variation of Property Plant And Equipment Net that can explain the historical movement of Retained Earnings in the same time period over historical financial statements of Virgin Group Acquisition, assuming nothing else is changed. The correlation between historical values of Virgin Group's Property Plant And Equipment Net and Retained Earnings is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Property Plant And Equipment Net of Virgin Group Acquisition are associated (or correlated) with its Retained Earnings. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Retained Earnings has no effect on the direction of Property Plant And Equipment Net i.e., Virgin Group's Property Plant And Equipment Net and Retained Earnings go up and down completely randomly.

Correlation Coefficient

-0.64
Relationship DirectionNegative 
Relationship StrengthWeak

Property Plant And Equipment Net

The total value of a company's physical assets (such as land, buildings, and equipment) used in operations, net of depreciation. It reflects the company's investment in assets used for production.

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.
Most indicators from Virgin Group's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Virgin Group Acquisition 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 Risk vs Return Analysis to better understand how to build diversified portfolios, which includes a position in Virgin Group Acquisition. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in persons.
At this time, Virgin Group's Selling General Administrative is fairly stable compared to the past year. Sales General And Administrative To Revenue is likely to climb to 0.62 in 2024, whereas Tax Provision is likely to drop slightly above 38 K in 2024.
 2021 2022 2023 2024 (projected)
Gross Profit188.5M154.7M137.4M122.0M
Total Revenue383.7M321.5M259.3M261.9M

Virgin Group fundamental ratios Correlations

0.730.440.170.90.88-0.670.730.80.350.190.85-0.41-0.580.860.85-0.36-0.170.860.260.380.740.320.410.88-0.76
0.730.910.760.860.81-0.930.20.380.080.040.34-0.28-0.140.360.33-0.210.030.360.180.060.220.220.10.37-0.26
0.440.910.940.720.65-0.92-0.060.03-0.14-0.150.04-0.040.09-0.020.030.110.14-0.02-0.01-0.15-0.07-0.02-0.130.00.09
0.170.760.940.450.35-0.78-0.39-0.13-0.39-0.34-0.24-0.090.41-0.24-0.260.250.18-0.24-0.22-0.38-0.4-0.24-0.41-0.260.38
0.90.860.720.450.96-0.840.610.50.220.060.69-0.12-0.480.550.69-0.090.040.550.270.230.590.250.290.62-0.49
0.880.810.650.350.96-0.830.720.410.440.290.630.01-0.630.540.66-0.22-0.10.540.340.440.710.330.50.6-0.6
-0.67-0.93-0.92-0.78-0.84-0.83-0.26-0.22-0.12-0.05-0.270.080.22-0.26-0.280.050.15-0.260.04-0.16-0.250.02-0.14-0.260.25
0.730.2-0.06-0.390.610.72-0.260.480.690.480.810.11-0.930.70.86-0.31-0.280.70.390.720.990.380.760.76-0.85
0.80.380.03-0.130.50.41-0.220.480.1-0.020.83-0.8-0.30.950.79-0.4-0.190.950.070.140.510.190.150.93-0.67
0.350.08-0.14-0.390.220.44-0.120.690.10.960.30.29-0.890.380.36-0.73-0.570.380.450.970.730.590.990.4-0.79
0.190.04-0.15-0.340.060.29-0.050.48-0.020.960.080.27-0.740.230.14-0.81-0.510.230.50.890.550.650.930.23-0.66
0.850.340.04-0.240.690.63-0.270.810.830.30.08-0.34-0.640.891.0-0.2-0.120.890.210.350.790.250.380.95-0.75
-0.41-0.28-0.04-0.09-0.120.010.080.11-0.80.290.27-0.34-0.26-0.62-0.280.320.09-0.620.170.270.060.030.29-0.530.23
-0.58-0.140.090.41-0.48-0.630.22-0.93-0.3-0.89-0.74-0.64-0.26-0.57-0.690.480.45-0.57-0.41-0.91-0.94-0.48-0.93-0.630.87
0.860.36-0.02-0.240.550.54-0.260.70.950.380.230.89-0.62-0.570.87-0.52-0.361.00.150.430.730.280.430.98-0.86
0.850.330.03-0.260.690.66-0.280.860.790.360.141.0-0.28-0.690.87-0.22-0.140.870.250.410.840.280.450.94-0.78
-0.36-0.210.110.25-0.09-0.220.05-0.31-0.4-0.73-0.81-0.20.320.48-0.52-0.220.45-0.52-0.47-0.64-0.41-0.69-0.7-0.470.69
-0.170.030.140.180.04-0.10.15-0.28-0.19-0.57-0.51-0.120.090.45-0.36-0.140.45-0.360.45-0.71-0.30.22-0.5-0.260.57
0.860.36-0.02-0.240.550.54-0.260.70.950.380.230.89-0.62-0.571.00.87-0.52-0.360.150.430.730.280.430.98-0.86
0.260.18-0.01-0.220.270.340.040.390.070.450.50.210.17-0.410.150.25-0.470.450.150.250.440.950.50.25-0.3
0.380.06-0.15-0.380.230.44-0.160.720.140.970.890.350.27-0.910.430.41-0.64-0.710.430.250.750.40.960.43-0.82
0.740.22-0.07-0.40.590.71-0.250.990.510.730.550.790.06-0.940.730.84-0.41-0.30.730.440.750.460.80.78-0.89
0.320.22-0.02-0.240.250.330.020.380.190.590.650.250.03-0.480.280.28-0.690.220.280.950.40.460.620.35-0.45
0.410.1-0.13-0.410.290.5-0.140.760.150.990.930.380.29-0.930.430.45-0.7-0.50.430.50.960.80.620.46-0.82
0.880.370.0-0.260.620.6-0.260.760.930.40.230.95-0.53-0.630.980.94-0.47-0.260.980.250.430.780.350.46-0.86
-0.76-0.260.090.38-0.49-0.60.25-0.85-0.67-0.79-0.66-0.750.230.87-0.86-0.780.690.57-0.86-0.3-0.82-0.89-0.45-0.82-0.86
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Virgin Group Account Relationship Matchups

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