Venus Change To Operating Activities vs Net Income Analysis

VENUSPIPES   1,590  9.70  0.61%   
Venus Pipes financial indicator trend analysis is much more than just breaking down Venus Pipes Tubes prevalent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Venus Pipes Tubes is a good investment. Please check the relationship between Venus Pipes Change To Operating Activities and its Net Income accounts. Check out World Market Map to better understand how to build diversified portfolios, which includes a position in Venus Pipes Tubes. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in state.

Change To Operating Activities vs Net Income

Change To Operating Activities vs Net Income Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Venus Pipes Tubes Change To Operating Activities account and Net Income. At this time, the significance of the direction appears to have pay attention.
The correlation between Venus Pipes' Change To Operating Activities and Net Income is -0.82. Overlapping area represents the amount of variation of Change To Operating Activities that can explain the historical movement of Net Income in the same time period over historical financial statements of Venus Pipes Tubes, assuming nothing else is changed. The correlation between historical values of Venus Pipes' Change To Operating Activities and Net Income is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Change To Operating Activities of Venus Pipes Tubes are associated (or correlated) with its Net Income. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Net Income has no effect on the direction of Change To Operating Activities i.e., Venus Pipes' Change To Operating Activities and Net Income go up and down completely randomly.

Correlation Coefficient

-0.82
Relationship DirectionNegative 
Relationship StrengthSignificant

Change To Operating Activities

Net Income

Net income is one of the most important fundamental items in finance. It plays a large role in Venus Pipes Tubes financial statement analysis. It represents the amount of money remaining after all of Venus Pipes Tubes operating expenses, interest, taxes and preferred stock dividends have been deducted from a company total revenue.
Most indicators from Venus Pipes' fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Venus Pipes Tubes 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 Venus Pipes Tubes. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in state.
The Venus Pipes' current Tax Provision is estimated to increase to about 311.5 M, while Selling General Administrative is projected to decrease to under 18.7 M.
 2021 2022 2023 2024 (projected)
Interest Expense70.6M98.4M220.8M231.9M
Depreciation And Amortization14.3M19.7M117.7M123.6M

Venus Pipes fundamental ratios Correlations

0.890.770.990.990.990.080.991.00.960.40.990.950.640.96-0.470.710.871.00.50.990.890.990.910.88-0.47
0.890.810.870.90.870.180.880.890.830.410.870.80.620.84-0.280.70.960.890.520.870.990.890.780.97-0.27
0.770.810.710.80.70.670.720.780.620.530.70.560.720.74-0.520.80.710.780.740.710.870.750.530.86-0.51
0.990.870.710.970.99-0.011.00.990.990.260.990.970.520.98-0.460.610.860.980.451.00.850.990.960.82-0.51
0.990.90.80.970.980.140.970.990.930.490.980.910.70.94-0.470.770.861.00.530.970.910.980.870.91-0.43
0.990.870.70.990.98-0.030.980.980.980.391.00.970.620.95-0.370.690.870.990.390.990.860.980.930.84-0.46
0.080.180.67-0.010.14-0.030.030.1-0.140.4-0.03-0.220.420.05-0.480.440.030.110.73-0.020.30.07-0.220.32-0.22
0.990.880.721.00.970.980.030.990.980.260.980.960.520.98-0.510.610.860.980.511.00.861.00.950.83-0.48
1.00.890.780.990.990.980.10.990.970.340.980.950.590.98-0.50.670.860.990.520.990.890.990.930.86-0.51
0.960.830.620.990.930.98-0.140.980.970.190.980.990.450.97-0.380.550.860.950.330.990.80.970.980.76-0.52
0.40.410.530.260.490.390.40.260.340.190.390.170.950.190.00.880.370.430.270.270.50.320.030.570.07
0.990.870.70.990.981.0-0.030.980.980.980.390.970.620.95-0.380.690.870.990.390.990.860.980.930.84-0.46
0.950.80.560.970.910.97-0.220.960.950.990.170.970.410.95-0.340.50.830.930.260.980.770.950.990.73-0.46
0.640.620.720.520.70.620.420.520.590.450.950.620.410.44-0.130.990.590.660.390.520.690.560.290.73-0.2
0.960.840.740.980.940.950.050.980.980.970.190.950.950.44-0.530.540.810.960.480.980.840.970.960.81-0.54
-0.47-0.28-0.52-0.46-0.47-0.37-0.48-0.51-0.5-0.380.0-0.38-0.34-0.13-0.53-0.17-0.09-0.49-0.84-0.45-0.34-0.53-0.39-0.370.27
0.710.70.80.610.770.690.440.610.670.550.880.690.50.990.54-0.170.690.730.440.620.770.640.390.78-0.32
0.870.960.710.860.860.870.030.860.860.860.370.870.830.590.81-0.090.690.860.330.870.930.850.80.88-0.37
1.00.890.780.981.00.990.110.980.990.950.430.990.930.660.96-0.490.730.860.530.980.90.990.90.89-0.43
0.50.520.740.450.530.390.730.510.520.330.270.390.260.390.48-0.840.440.330.530.440.590.540.290.61-0.14
0.990.870.711.00.970.99-0.021.00.990.990.270.990.980.520.98-0.450.620.870.980.440.850.990.960.82-0.52
0.890.990.870.850.910.860.30.860.890.80.50.860.770.690.84-0.340.770.930.90.590.850.880.730.99-0.28
0.990.890.750.990.980.980.071.00.990.970.320.980.950.560.97-0.530.640.850.990.540.990.880.930.86-0.45
0.910.780.530.960.870.93-0.220.950.930.980.030.930.990.290.96-0.390.390.80.90.290.960.730.930.68-0.5
0.880.970.860.820.910.840.320.830.860.760.570.840.730.730.81-0.370.780.880.890.610.820.990.860.68-0.18
-0.47-0.27-0.51-0.51-0.43-0.46-0.22-0.48-0.51-0.520.07-0.46-0.46-0.2-0.540.27-0.32-0.37-0.43-0.14-0.52-0.28-0.45-0.5-0.18
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Venus Pipes Account Relationship Matchups

Venus Pipes fundamental ratios Accounts

201920202021202220232024 (projected)
Total Assets1.1B1.4B2.5B5.1B7.6B8.0B
Short Long Term Debt Total430.7M378.9M639.6M904.6M1.5B759.2M
Other Current Liab380K46.1M55.9M66.6M59.6M42.1M
Total Current Liabilities708.5M781.6M1.0B1.6B3.1B3.2B
Total Stockholder Equity162.8M399.3M1.3B3.2B4.1B4.3B
Property Plant And Equipment Net154.2M195.3M286.1M1.8B3.0B3.1B
Current Deferred Revenue54.6M121.8M157.3M125.6M41.0M39.0M
Net Debt427.2M378.3M639.5M797.0M1.5B1.6B
Retained Earnings75.4M312.0M584.9M1.0B1.9B1.9B
Accounts Payable413M424.2M384.6M741.1M1.7B1.8B
Cash3.5M680K110K107.7M10.5M9.9M
Non Current Assets Total175.3M209.1M304.0M1.8B3.0B3.2B
Cash And Short Term Investments53.6M69.7M39.2M289.5M103.1M107.1M
Net Receivables10K450.7M735.2M704.9M1.8B1.9B
Short Term Investments50.0M69.1M39.1M181.9M92.6M84.1M
Liabilities And Stockholders Equity1.1B1.4B2.5B5.1B7.6B8.0B
Non Current Liabilities Total200.6M194.5M155.6M267.4M424.8M254.7M
Inventory442.8M441.8M934.6M1.7B2.3B2.4B
Other Current Assets400.3M203.6M1.2B575.4M393.0M523.9M
Total Liab909.2M976.1M1.2B1.9B3.5B3.7B
Total Current Assets896.6M1.2B2.2B3.2B4.6B2.3B
Short Term Debt240.9M190.9M494.7M657.7M1.2B1.2B

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Other Information on Investing in Venus Stock

Balance Sheet is a snapshot of the financial position of Venus Pipes Tubes at a specified time, usually calculated after every quarter, six months, or one year. Venus Pipes Balance Sheet has two main parts: assets and liabilities. Liabilities are the debts or obligations of Venus Pipes 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 Venus currently owns. An asset can also be divided into two categories, current and non-current.