Venus Interest Expense vs Depreciation And Amortization 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 Interest Expense and its Depreciation And Amortization 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.

Interest Expense vs Depreciation And Amortization

Interest Expense vs Depreciation And Amortization Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Venus Pipes Tubes Interest Expense account and Depreciation And Amortization. At this time, the significance of the direction appears to have almost identical trend.

The correlation between Venus Pipes' Interest Expense and Depreciation And Amortization is 0.94. Overlapping area represents the amount of variation of Interest Expense that can explain the historical movement of Depreciation And Amortization 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' Interest Expense and Depreciation And Amortization is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Interest Expense of Venus Pipes Tubes are associated (or correlated) with its Depreciation And Amortization. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Depreciation And Amortization has no effect on the direction of Interest Expense i.e., Venus Pipes' Interest Expense and Depreciation And Amortization go up and down completely randomly.

Correlation Coefficient

0.94

Relationship Direction	Positive
Relationship Strength	Very Strong

View All Relationships

Interest Expense

The cost incurred by an entity for borrowed funds, including loans, bonds, or lines of credit.

Depreciation And Amortization

The systematic reduction in the recorded value of an intangible asset. This includes the allocation of the cost of tangible assets to periods in which the assets are used, representing the expense related to the wear and tear, deterioration, or obsolescence of physical assets and intangible assets over their useful lives.

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 Expense	70.6M	98.4M	220.8M	231.9M
Depreciation And Amortization	14.3M	19.7M	117.7M	123.6M

Interest Expense Depreciation And Amortization

Venus Pipes fundamental ratios Correlations

	Total Assets	Short Long Term Debt Total	Other Current Liab	Total Current Liabilities	Total Stockholder Equity	Property Plant And Equipment Net	Current Deferred Revenue	Net Debt	Retained Earnings	Accounts Payable	Cash	Non Current Assets Total	Non Currrent Assets Other	Cash And Short Term Investments	Net Receivables	Common Stock Shares Outstanding	Short Term Investments	Non Current Liabilities Total	Inventory	Other Current Assets	Total Liab	Total Current Assets	Short Term Debt	Intangible Assets	Common Stock	Other Liab
Total Assets		0.89	0.77	0.99	0.99	0.99	0.08	0.99	1.0	0.96	0.4	0.99	0.95	0.64	0.96	-0.47	0.71	0.87	1.0	0.5	0.99	0.89	0.99	0.91	0.88	-0.47
Short Long Term Debt Total	0.89		0.81	0.87	0.9	0.87	0.18	0.88	0.89	0.83	0.41	0.87	0.8	0.62	0.84	-0.28	0.7	0.96	0.89	0.52	0.87	0.99	0.89	0.78	0.97	-0.27
Other Current Liab	0.77	0.81		0.71	0.8	0.7	0.67	0.72	0.78	0.62	0.53	0.7	0.56	0.72	0.74	-0.52	0.8	0.71	0.78	0.74	0.71	0.87	0.75	0.53	0.86	-0.51
Total Current Liabilities	0.99	0.87	0.71		0.97	0.99	-0.01	1.0	0.99	0.99	0.26	0.99	0.97	0.52	0.98	-0.46	0.61	0.86	0.98	0.45	1.0	0.85	0.99	0.96	0.82	-0.51
Total Stockholder Equity	0.99	0.9	0.8	0.97		0.98	0.14	0.97	0.99	0.93	0.49	0.98	0.91	0.7	0.94	-0.47	0.77	0.86	1.0	0.53	0.97	0.91	0.98	0.87	0.91	-0.43
Property Plant And Equipment Net	0.99	0.87	0.7	0.99	0.98		-0.03	0.98	0.98	0.98	0.39	1.0	0.97	0.62	0.95	-0.37	0.69	0.87	0.99	0.39	0.99	0.86	0.98	0.93	0.84	-0.46
Current Deferred Revenue	0.08	0.18	0.67	-0.01	0.14	-0.03		0.03	0.1	-0.14	0.4	-0.03	-0.22	0.42	0.05	-0.48	0.44	0.03	0.11	0.73	-0.02	0.3	0.07	-0.22	0.32	-0.22
Net Debt	0.99	0.88	0.72	1.0	0.97	0.98	0.03		0.99	0.98	0.26	0.98	0.96	0.52	0.98	-0.51	0.61	0.86	0.98	0.51	1.0	0.86	1.0	0.95	0.83	-0.48
Retained Earnings	1.0	0.89	0.78	0.99	0.99	0.98	0.1	0.99		0.97	0.34	0.98	0.95	0.59	0.98	-0.5	0.67	0.86	0.99	0.52	0.99	0.89	0.99	0.93	0.86	-0.51
Accounts Payable	0.96	0.83	0.62	0.99	0.93	0.98	-0.14	0.98	0.97		0.19	0.98	0.99	0.45	0.97	-0.38	0.55	0.86	0.95	0.33	0.99	0.8	0.97	0.98	0.76	-0.52
Cash	0.4	0.41	0.53	0.26	0.49	0.39	0.4	0.26	0.34	0.19		0.39	0.17	0.95	0.19	0.0	0.88	0.37	0.43	0.27	0.27	0.5	0.32	0.03	0.57	0.07
Non Current Assets Total	0.99	0.87	0.7	0.99	0.98	1.0	-0.03	0.98	0.98	0.98	0.39		0.97	0.62	0.95	-0.38	0.69	0.87	0.99	0.39	0.99	0.86	0.98	0.93	0.84	-0.46
Non Currrent Assets Other	0.95	0.8	0.56	0.97	0.91	0.97	-0.22	0.96	0.95	0.99	0.17	0.97		0.41	0.95	-0.34	0.5	0.83	0.93	0.26	0.98	0.77	0.95	0.99	0.73	-0.46
Cash And Short Term Investments	0.64	0.62	0.72	0.52	0.7	0.62	0.42	0.52	0.59	0.45	0.95	0.62	0.41		0.44	-0.13	0.99	0.59	0.66	0.39	0.52	0.69	0.56	0.29	0.73	-0.2
Net Receivables	0.96	0.84	0.74	0.98	0.94	0.95	0.05	0.98	0.98	0.97	0.19	0.95	0.95	0.44		-0.53	0.54	0.81	0.96	0.48	0.98	0.84	0.97	0.96	0.81	-0.54
Common Stock Shares Outstanding	-0.47	-0.28	-0.52	-0.46	-0.47	-0.37	-0.48	-0.51	-0.5	-0.38	0.0	-0.38	-0.34	-0.13	-0.53		-0.17	-0.09	-0.49	-0.84	-0.45	-0.34	-0.53	-0.39	-0.37	0.27
Short Term Investments	0.71	0.7	0.8	0.61	0.77	0.69	0.44	0.61	0.67	0.55	0.88	0.69	0.5	0.99	0.54	-0.17		0.69	0.73	0.44	0.62	0.77	0.64	0.39	0.78	-0.32
Non Current Liabilities Total	0.87	0.96	0.71	0.86	0.86	0.87	0.03	0.86	0.86	0.86	0.37	0.87	0.83	0.59	0.81	-0.09	0.69		0.86	0.33	0.87	0.93	0.85	0.8	0.88	-0.37
Inventory	1.0	0.89	0.78	0.98	1.0	0.99	0.11	0.98	0.99	0.95	0.43	0.99	0.93	0.66	0.96	-0.49	0.73	0.86		0.53	0.98	0.9	0.99	0.9	0.89	-0.43
Other Current Assets	0.5	0.52	0.74	0.45	0.53	0.39	0.73	0.51	0.52	0.33	0.27	0.39	0.26	0.39	0.48	-0.84	0.44	0.33	0.53		0.44	0.59	0.54	0.29	0.61	-0.14
Total Liab	0.99	0.87	0.71	1.0	0.97	0.99	-0.02	1.0	0.99	0.99	0.27	0.99	0.98	0.52	0.98	-0.45	0.62	0.87	0.98	0.44		0.85	0.99	0.96	0.82	-0.52
Total Current Assets	0.89	0.99	0.87	0.85	0.91	0.86	0.3	0.86	0.89	0.8	0.5	0.86	0.77	0.69	0.84	-0.34	0.77	0.93	0.9	0.59	0.85		0.88	0.73	0.99	-0.28
Short Term Debt	0.99	0.89	0.75	0.99	0.98	0.98	0.07	1.0	0.99	0.97	0.32	0.98	0.95	0.56	0.97	-0.53	0.64	0.85	0.99	0.54	0.99	0.88		0.93	0.86	-0.45
Intangible Assets	0.91	0.78	0.53	0.96	0.87	0.93	-0.22	0.95	0.93	0.98	0.03	0.93	0.99	0.29	0.96	-0.39	0.39	0.8	0.9	0.29	0.96	0.73	0.93		0.68	-0.5
Common Stock	0.88	0.97	0.86	0.82	0.91	0.84	0.32	0.83	0.86	0.76	0.57	0.84	0.73	0.73	0.81	-0.37	0.78	0.88	0.89	0.61	0.82	0.99	0.86	0.68		-0.18
Other Liab	-0.47	-0.27	-0.51	-0.51	-0.43	-0.46	-0.22	-0.48	-0.51	-0.52	0.07	-0.46	-0.46	-0.2	-0.54	0.27	-0.32	-0.37	-0.43	-0.14	-0.52	-0.28	-0.45	-0.5	-0.18

Click cells to compare fundamentals

Venus Pipes Account Relationship Matchups

Venus Pipes fundamental ratios Accounts

	2019	2020	2021	2022	2023	2024 (projected)
Total Assets	1.1B	1.4B	2.5B	5.1B	7.6B	8.0B
Short Long Term Debt Total	430.7M	378.9M	639.6M	904.6M	1.5B	759.2M
Other Current Liab	380K	46.1M	55.9M	66.6M	59.6M	42.1M
Total Current Liabilities	708.5M	781.6M	1.0B	1.6B	3.1B	3.2B
Total Stockholder Equity	162.8M	399.3M	1.3B	3.2B	4.1B	4.3B
Property Plant And Equipment Net	154.2M	195.3M	286.1M	1.8B	3.0B	3.1B
Current Deferred Revenue	54.6M	121.8M	157.3M	125.6M	41.0M	39.0M
Net Debt	427.2M	378.3M	639.5M	797.0M	1.5B	1.6B
Retained Earnings	75.4M	312.0M	584.9M	1.0B	1.9B	1.9B
Accounts Payable	413M	424.2M	384.6M	741.1M	1.7B	1.8B
Cash	3.5M	680K	110K	107.7M	10.5M	9.9M
Non Current Assets Total	175.3M	209.1M	304.0M	1.8B	3.0B	3.2B
Cash And Short Term Investments	53.6M	69.7M	39.2M	289.5M	103.1M	107.1M
Net Receivables	10K	450.7M	735.2M	704.9M	1.8B	1.9B
Short Term Investments	50.0M	69.1M	39.1M	181.9M	92.6M	84.1M
Liabilities And Stockholders Equity	1.1B	1.4B	2.5B	5.1B	7.6B	8.0B
Non Current Liabilities Total	200.6M	194.5M	155.6M	267.4M	424.8M	254.7M
Inventory	442.8M	441.8M	934.6M	1.7B	2.3B	2.4B
Other Current Assets	400.3M	203.6M	1.2B	575.4M	393.0M	523.9M
Total Liab	909.2M	976.1M	1.2B	1.9B	3.5B	3.7B
Total Current Assets	896.6M	1.2B	2.2B	3.2B	4.6B	2.3B
Short Term Debt	240.9M	190.9M	494.7M	657.7M	1.2B	1.2B

Also Currently Popular

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.

C	Citigroup
GM	General Motors
F	Ford Motor

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.

Macroaxis helps investors of all levels and skills to maximize the upside of all their holdings and minimize the risk associated with market volatility, economic swings, and company-specific events. View terms and conditions

Feedback Blog

Made with optimal in San Francisco

2024 Macroaxis LLC

Venus Interest Expense vs Depreciation And Amortization Analysis

Interest Expense vs Depreciation And Amortization

Interest Expense vs Depreciation And Amortization Correlation Analysis

Correlation Coefficient

Interest Expense

Depreciation And Amortization

Venus Pipes fundamental ratios Correlations

Venus Pipes Account Relationship Matchups

High Positive Relationship

High Negative Relationship

Venus Pipes fundamental ratios Accounts

Also Currently Popular

Other Information on Investing in Venus Stock

COMMON DESTINATIONS

MAIN CATEGORIES

COMPANY

Retained Earnings	+ 1.0	Total Assets
Inventory	+ 1.0	Total Assets
Net Debt	+ 1.0	Total Current Liabilities
Total Liab	+ 1.0	Total Current Liabilities
Inventory	+ 1.0	Total Stockholder Equity
Non Current Assets Total	+ 1.0	Property Plant And Equipment Net

Other Current Assets	- 0.84	Common Stock Shares Outstanding
Other Liab	- 0.54	Net Receivables
Short Term Debt	- 0.53	Common Stock Shares Outstanding
Common Stock Shares Outstanding	- 0.53	Net Receivables
Other Liab	- 0.52	Total Liab
Other Liab	- 0.52	Accounts Payable