Valiant Non Current Assets Total vs Net Receivables Analysis

VALIANTORG   322.90  3.60  1.10%   
Valiant Organics financial indicator trend analysis is much more than just breaking down Valiant Organics prevalent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Valiant Organics is a good investment. Please check the relationship between Valiant Organics Non Current Assets Total and its Net Receivables accounts. Check out World Market Map to better understand how to build diversified portfolios, which includes a position in Valiant Organics Limited. 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.

Non Current Assets Total vs Net Receivables

Non Current Assets Total vs Net Receivables Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Valiant Organics Non Current Assets Total account and Net Receivables. At this time, the significance of the direction appears to have almost identical trend.
The correlation between Valiant Organics' Non Current Assets Total and Net Receivables is 0.96. Overlapping area represents the amount of variation of Non Current Assets Total that can explain the historical movement of Net Receivables in the same time period over historical financial statements of Valiant Organics Limited, assuming nothing else is changed. The correlation between historical values of Valiant Organics' Non Current Assets Total and Net Receivables is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Non Current Assets Total of Valiant Organics Limited are associated (or correlated) with its Net Receivables. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Net Receivables has no effect on the direction of Non Current Assets Total i.e., Valiant Organics' Non Current Assets Total and Net Receivables go up and down completely randomly.

Correlation Coefficient

0.96
Relationship DirectionPositive 
Relationship StrengthVery Strong

Non Current Assets Total

The total value of a company's long-term assets, which are not expected to be converted into cash or used up within one year or the operating cycle, including property, plant, and equipment, and intangible assets.

Net Receivables

Most indicators from Valiant Organics' fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Valiant Organics 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 Valiant Organics Limited. 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.
Selling General Administrative is likely to drop to about 52 M in 2024. Tax Provision is likely to gain to about (2.8 M) in 2024
 2021 2022 2023 2024 (projected)
Interest Expense64.8M107.9M163.4M171.6M
Depreciation And Amortization296.2M291.9M349.2M366.7M

Valiant Organics fundamental ratios Correlations

0.980.711.01.01.00.810.981.00.970.491.00.120.680.98-0.570.890.990.94-0.381.00.990.960.980.680.94
0.980.710.980.960.970.791.00.970.910.620.960.040.760.98-0.460.920.970.87-0.490.990.990.990.960.730.93
0.710.710.680.710.740.930.70.70.590.580.72-0.150.690.63-0.130.80.650.61-0.480.710.680.650.810.630.74
1.00.980.680.990.990.780.981.00.970.490.990.140.670.98-0.590.870.990.94-0.381.00.980.980.980.670.93
1.00.960.710.991.00.810.971.00.980.451.00.130.640.97-0.60.880.990.96-0.340.990.980.950.980.650.93
1.00.970.740.991.00.830.981.00.960.481.00.130.680.97-0.560.890.990.94-0.380.990.980.960.980.680.93
0.810.790.930.780.810.830.780.80.720.630.81-0.040.720.75-0.180.90.760.7-0.420.80.790.730.850.660.84
0.981.00.70.980.970.980.780.970.920.590.970.070.750.98-0.480.920.980.89-0.480.990.990.990.960.720.94
1.00.970.71.01.01.00.80.970.970.451.00.170.660.97-0.590.870.990.95-0.370.990.980.960.980.680.93
0.970.910.590.970.980.960.720.920.970.330.980.190.510.94-0.710.790.960.98-0.170.960.930.90.920.530.88
0.490.620.580.490.450.480.630.590.450.330.43-0.460.80.560.170.690.460.27-0.60.520.580.580.550.550.54
1.00.960.720.991.01.00.810.971.00.980.430.150.630.96-0.620.870.980.96-0.320.990.970.950.980.640.92
0.120.04-0.150.140.130.13-0.040.070.170.19-0.460.15-0.050.05-0.17-0.040.180.16-0.080.10.070.120.10.150.1
0.680.760.690.670.640.680.720.750.660.510.80.63-0.050.710.150.810.70.4-0.890.690.760.750.710.940.74
0.980.980.630.980.970.970.750.980.970.940.560.960.050.71-0.520.90.980.89-0.410.991.00.970.940.690.94
-0.57-0.46-0.13-0.59-0.6-0.56-0.18-0.48-0.59-0.710.17-0.62-0.170.15-0.52-0.19-0.55-0.79-0.39-0.56-0.47-0.48-0.530.1-0.33
0.890.920.80.870.880.890.90.920.870.790.690.87-0.040.810.9-0.190.870.74-0.520.90.920.880.880.750.95
0.990.970.650.990.990.990.760.980.990.960.460.980.180.70.98-0.550.870.92-0.420.990.990.970.960.710.94
0.940.870.610.940.960.940.70.890.950.980.270.960.160.40.89-0.790.740.92-0.080.940.880.870.920.420.83
-0.38-0.49-0.48-0.38-0.34-0.38-0.42-0.48-0.37-0.17-0.6-0.32-0.08-0.89-0.41-0.39-0.52-0.42-0.08-0.39-0.47-0.52-0.43-0.88-0.47
1.00.990.711.00.990.990.80.990.990.960.520.990.10.690.99-0.560.90.990.94-0.390.990.970.980.680.94
0.990.990.680.980.980.980.790.990.980.930.580.970.070.761.0-0.470.920.990.88-0.470.990.980.960.740.95
0.960.990.650.980.950.960.730.990.960.90.580.950.120.750.97-0.480.880.970.87-0.520.970.980.950.730.92
0.980.960.810.980.980.980.850.960.980.920.550.980.10.710.94-0.530.880.960.92-0.430.980.960.950.680.91
0.680.730.630.670.650.680.660.720.680.530.550.640.150.940.690.10.750.710.42-0.880.680.740.730.680.74
0.940.930.740.930.930.930.840.940.930.880.540.920.10.740.94-0.330.950.940.83-0.470.940.950.920.910.74
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Valiant Organics Account Relationship Matchups

Valiant Organics fundamental ratios Accounts

201920202021202220232024 (projected)
Total Assets6.5B8.8B11.8B12.4B12.5B13.1B
Short Long Term Debt Total1.4B2.1B3.6B2.7B2.6B2.7B
Other Current Liab269.2M525.6M199.9M242.7M231.9M138.3M
Total Current Liabilities1.7B2.7B4.0B3.9B4.1B4.3B
Total Stockholder Equity3.7B5.0B6.1B6.9B7.3B7.7B
Property Plant And Equipment Net4.0B5.4B6.4B7.3B7.2B7.5B
Current Deferred Revenue266.6M264.1M173.3M229.7M209.9M109.5M
Net Debt1.2B2.0B3.4B2.7B2.5B2.7B
Retained Earnings2.5B3.6B4.6B5.4B5.3B5.6B
Accounts Payable878.9M846.2M1.3B1.7B2.1B2.2B
Cash126.5M128.0M250.5M77.5M34.8M33.1M
Non Current Assets Total4.3B5.7B6.7B7.7B8.4B8.8B
Cash And Short Term Investments168.7M349.5M499.5M493.1M71.0M67.5M
Net Receivables1.3B1.6B3.2B2.6B2.6B2.7B
Liabilities And Stockholders Equity6.5B8.8B11.8B12.4B12.5B13.1B
Non Current Liabilities Total990.3M964.4M1.3B1.1B1.1B561.6M
Inventory448.6M721.7M1.1B1.3B1.1B1.2B
Other Current Assets291.5M393.1M424.1M448.5M820.3M861.3M
Other Stockholder Equity1.2B(4.2B)(5.3B)(6.1B)1.7B1.8B
Total Liab2.7B3.7B5.4B5.0B5.2B5.4B
Total Current Assets2.2B3.0B5.2B4.7B4.1B4.3B
Short Term Debt543.6M1.3B2.6B2.0B1.8B1.9B
Accumulated Other Comprehensive Income1.4B5.4B6.5B7.3B1.7B2.2B
Short Term Investments42.2M221.5M249.0M415.6M36.2M34.4M
Other Liab154.5M151.6M211.3M276.6M318.1M160.9M
Net Tangible Assets2.5B3.8B4.9B6.0B6.9B7.3B
Other Assets(3.0)1K151.5M(1K)1.2K1.1K
Property Plant Equipment2.1B4.0B5.4B6.4B7.4B7.8B
Long Term Debt836.7M753.0M1.1B706.1M741.6M713.5M
Net Invested Capital5.1B6.9B9.8B9.6B9.9B7.1B
Short Long Term Debt538.2M1.1B2.6B2.0B1.8B1.3B
Net Working Capital564.1M319.4M1.2B783.4M(4.4M)(4.2M)
Intangible Assets279K148K18K2.1M2.4M2.3M

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