Vicinity Current Deferred Revenue vs Short Term Debt Analysis

VEV Stock

USD 0 0.0008 53.33%

Vicinity financial indicator trend analysis is much more than just breaking down Vicinity Motor Corp prevalent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Vicinity Motor Corp is a good investment. Please check the relationship between Vicinity Current Deferred Revenue and its Short Term Debt accounts. Check out World Market Map to better understand how to build diversified portfolios, which includes a position in Vicinity Motor Corp. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in income.

Current Deferred Revenue vs Short Term Debt

Current Deferred Revenue vs Short Term Debt Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Vicinity Motor Corp Current Deferred Revenue account and Short Term Debt. At this time, the significance of the direction appears to have almost identical trend.

The correlation between Vicinity's Current Deferred Revenue and Short Term Debt is 0.91. Overlapping area represents the amount of variation of Current Deferred Revenue that can explain the historical movement of Short Term Debt in the same time period over historical financial statements of Vicinity Motor Corp, assuming nothing else is changed. The correlation between historical values of Vicinity's Current Deferred Revenue and Short Term Debt is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Current Deferred Revenue of Vicinity Motor Corp are associated (or correlated) with its Short Term Debt. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Short Term Debt has no effect on the direction of Current Deferred Revenue i.e., Vicinity's Current Deferred Revenue and Short Term Debt go up and down completely randomly.

Correlation Coefficient

0.91

Relationship Direction	Positive
Relationship Strength	Very Strong

View All Relationships

Current Deferred Revenue

Revenue that has been collected but not yet earned, typically from prepaid service contracts or subscriptions. This amount is considered a liability until the service is provided or the subscription period ends.

Short Term Debt

Most indicators from Vicinity's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Vicinity Motor Corp 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 Vicinity Motor Corp. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in income.

At this time, Vicinity'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 0.00 in 2024.

	2021	2022	2023	2024 (projected)
Interest Expense	716K	2.3M	5.0M	5.3M
Depreciation And Amortization	1.2M	3.0M	1.4M	1.5M

Interest Expense Depreciation And Amortization

Vicinity fundamental ratios Correlations

	Common Stock Shares Outstanding	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	Other Assets	Cash And Short Term Investments	Net Receivables	Good Will	Non Current Liabilities Total	Inventory	Other Current Assets	Other Stockholder Equity	Total Liab	Total Current Assets	Short Term Debt	Intangible Assets	Other Liab
Common Stock Shares Outstanding		0.97	0.87	0.23	0.91	0.8	0.9	0.83	0.83	-0.95	0.44	0.57	0.87	0.7	0.57	0.48	-0.66	0.64	0.83	0.89	0.27	0.89	0.88	0.87	0.64	-0.86
Total Assets	0.97		0.89	0.2	0.95	0.81	0.91	0.91	0.84	-0.94	0.39	0.66	0.9	0.58	0.66	0.49	-0.68	0.67	0.84	0.93	0.23	0.92	0.9	0.9	0.68	-0.89
Short Long Term Debt Total	0.87	0.89		0.05	0.98	0.47	0.85	0.89	0.99	-0.92	0.5	0.4	0.75	0.51	0.4	0.38	-0.89	0.91	0.81	0.98	0.25	0.99	0.85	1.0	0.41	-0.71
Other Current Liab	0.23	0.2	0.05		0.19	0.27	-0.12	-0.03	0.02	0.02	-0.08	0.27	-0.17	0.36	0.27	0.71	0.19	-0.17	0.55	0.01	0.36	0.13	0.53	0.04	-0.23	-0.1
Total Current Liabilities	0.91	0.95	0.98	0.19		0.59	0.85	0.92	0.95	-0.92	0.44	0.54	0.78	0.55	0.54	0.49	-0.82	0.82	0.88	0.98	0.28	0.99	0.93	0.98	0.48	-0.78
Total Stockholder Equity	0.8	0.81	0.47	0.27	0.59		0.71	0.62	0.38	-0.7	0.17	0.75	0.82	0.52	0.75	0.42	-0.16	0.15	0.59	0.56	0.14	0.53	0.64	0.48	0.84	-0.83
Property Plant And Equipment Net	0.9	0.91	0.85	-0.12	0.85	0.71		0.87	0.83	-0.98	0.35	0.43	0.95	0.44	0.43	0.22	-0.74	0.74	0.63	0.9	0.09	0.85	0.68	0.86	0.68	-0.83
Current Deferred Revenue	0.83	0.91	0.89	-0.03	0.92	0.62	0.87		0.85	-0.88	0.48	0.64	0.87	0.36	0.64	0.34	-0.77	0.77	0.7	0.96	0.25	0.92	0.78	0.91	0.64	-0.77
Net Debt	0.83	0.84	0.99	0.02	0.95	0.38	0.83	0.85		-0.9	0.47	0.28	0.7	0.48	0.28	0.32	-0.91	0.93	0.78	0.95	0.2	0.97	0.8	0.99	0.33	-0.67
Retained Earnings	-0.95	-0.94	-0.92	0.02	-0.92	-0.7	-0.98	-0.88	-0.9		-0.44	-0.45	-0.92	-0.55	-0.45	-0.28	0.76	-0.77	-0.75	-0.94	-0.17	-0.91	-0.78	-0.92	-0.64	0.86
Accounts Payable	0.44	0.39	0.5	-0.08	0.44	0.17	0.35	0.48	0.47	-0.44		0.41	0.36	0.45	0.41	0.14	-0.41	0.44	0.22	0.53	0.74	0.45	0.33	0.47	0.32	-0.15
Cash	0.57	0.66	0.4	0.27	0.54	0.75	0.43	0.64	0.28	-0.45	0.41		0.6	0.36	1.0	0.57	-0.15	0.16	0.44	0.53	0.44	0.49	0.6	0.41	0.72	-0.49
Non Current Assets Total	0.87	0.9	0.75	-0.17	0.78	0.82	0.95	0.87	0.7	-0.92	0.36	0.6		0.43	0.6	0.18	-0.61	0.58	0.56	0.83	0.08	0.77	0.62	0.76	0.86	-0.87
Other Assets	0.7	0.58	0.51	0.36	0.55	0.52	0.44	0.36	0.48	-0.55	0.45	0.36	0.43		0.36	0.46	-0.32	0.19	0.57	0.5	0.45	0.5	0.61	0.49	0.36	-0.47
Cash And Short Term Investments	0.57	0.66	0.4	0.27	0.54	0.75	0.43	0.64	0.28	-0.45	0.41	1.0	0.6	0.36		0.57	-0.15	0.16	0.44	0.53	0.44	0.49	0.6	0.41	0.72	-0.49
Net Receivables	0.48	0.49	0.38	0.71	0.49	0.42	0.22	0.34	0.32	-0.28	0.14	0.57	0.18	0.46	0.57		-0.14	0.21	0.55	0.37	0.44	0.45	0.69	0.38	0.06	-0.16
Good Will	-0.66	-0.68	-0.89	0.19	-0.82	-0.16	-0.74	-0.77	-0.91	0.76	-0.41	-0.15	-0.61	-0.32	-0.15	-0.14		-0.92	-0.6	-0.86	-0.09	-0.86	-0.62	-0.89	-0.22	0.51
Non Current Liabilities Total	0.64	0.67	0.91	-0.17	0.82	0.15	0.74	0.77	0.93	-0.77	0.44	0.16	0.58	0.19	0.16	0.21	-0.92		0.58	0.86	0.12	0.87	0.62	0.9	0.18	-0.45
Inventory	0.83	0.84	0.81	0.55	0.88	0.59	0.63	0.7	0.78	-0.75	0.22	0.44	0.56	0.57	0.44	0.55	-0.6	0.58		0.77	0.22	0.85	0.96	0.81	0.28	-0.77
Other Current Assets	0.89	0.93	0.98	0.01	0.98	0.56	0.9	0.96	0.95	-0.94	0.53	0.53	0.83	0.5	0.53	0.37	-0.86	0.86	0.77		0.3	0.98	0.84	0.98	0.54	-0.75
Other Stockholder Equity	0.27	0.23	0.25	0.36	0.28	0.14	0.09	0.25	0.2	-0.17	0.74	0.44	0.08	0.45	0.44	0.44	-0.09	0.12	0.22	0.3		0.26	0.34	0.22	0.06	0.08
Total Liab	0.89	0.92	0.99	0.13	0.99	0.53	0.85	0.92	0.97	-0.91	0.45	0.49	0.77	0.5	0.49	0.45	-0.86	0.87	0.85	0.98	0.26		0.9	0.99	0.44	-0.74
Total Current Assets	0.88	0.9	0.85	0.53	0.93	0.64	0.68	0.78	0.8	-0.78	0.33	0.6	0.62	0.61	0.6	0.69	-0.62	0.62	0.96	0.84	0.34	0.9		0.85	0.36	-0.72
Short Term Debt	0.87	0.9	1.0	0.04	0.98	0.48	0.86	0.91	0.99	-0.92	0.47	0.41	0.76	0.49	0.41	0.38	-0.89	0.9	0.81	0.98	0.22	0.99	0.85		0.42	-0.72
Intangible Assets	0.64	0.68	0.41	-0.23	0.48	0.84	0.68	0.64	0.33	-0.64	0.32	0.72	0.86	0.36	0.72	0.06	-0.22	0.18	0.28	0.54	0.06	0.44	0.36	0.42		-0.74
Other Liab	-0.86	-0.89	-0.71	-0.1	-0.78	-0.83	-0.83	-0.77	-0.67	0.86	-0.15	-0.49	-0.87	-0.47	-0.49	-0.16	0.51	-0.45	-0.77	-0.75	0.08	-0.74	-0.72	-0.72	-0.74

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Vicinity Account Relationship Matchups

Vicinity fundamental ratios Accounts

	2019	2020	2021	2022	2023	2024 (projected)
Common Stock Shares Outstanding	24.2M	25.8M	30.8M	39.7M	45.6M	47.9M
Total Assets	28.3M	36.9M	54.0M	55.0M	74.2M	77.9M
Short Long Term Debt Total	6.2M	6.7M	7.1M	7.2M	27.1M	28.4M
Other Current Liab	7.1M	10.7M	134K	2.8M	1.2M	1.2M
Total Current Liabilities	14.2M	18.9M	19.4M	16.6M	43.5M	45.7M
Total Stockholder Equity	12.8M	17.5M	34.2M	36.8M	21.2M	13.8M
Property Plant And Equipment Net	3.5M	3.2M	10.8M	22.6M	23.7M	24.9M
Current Deferred Revenue	980.9K	1.5M	3.2M	2.4M	4.4M	4.7M
Net Debt	5.6M	5.7M	2.7M	5.6M	25.1M	26.3M
Retained Earnings	(17.5M)	(21.4M)	(29.7M)	(47.6M)	(64.3M)	(61.1M)
Cash	579.7K	1.0M	4.4M	1.6M	2.0M	1.6M
Non Current Assets Total	4.7M	4.9M	33.2M	36.9M	33.5M	35.2M
Cash And Short Term Investments	579.7K	1.0M	4.4M	1.6M	2.0M	1.6M
Net Receivables	7.0M	2.0M	2.8M	2.7M	5.6M	4.1M
Liabilities And Stockholders Equity	28.3M	36.9M	54.0M	55.0M	74.2M	77.9M
Non Current Liabilities Total	1.3M	418.8K	347K	1.6M	9.5M	10.0M
Inventory	14.8M	25.6M	9.4M	10.1M	23.3M	24.4M
Other Current Assets	1.2M	2.2M	4.2M	3.8M	9.7M	10.2M
Other Stockholder Equity	1.8M	2.6M	6.0M	7.1M	8.3M	8.3M
Total Liab	15.5M	19.3M	19.7M	18.2M	53.0M	55.6M
Total Current Assets	23.6M	32.0M	20.8M	18.1M	40.6M	42.7M
Short Term Debt	6.2M	6.7M	7.1M	7.2M	27.1M	28.4M
Intangible Assets	1.2M	1.7M	22.4M	14.3M	9.8M	7.2M
Other Liab	1.8M	1.2M	256K	255K	229.5K	218.0K
Net Tangible Assets	19.2M	15.1M	20.2M	11.9M	10.7M	13.0M
Net Invested Capital	24.7M	30.9M	41.4M	44.0M	48.3M	38.3M
Property Plant And Equipment Gross	4.5M	4.0M	12.7M	25.5M	27.8M	29.2M
Short Long Term Debt	8.0M	8.6M	7.1M	7.2M	27.1M	28.4M
Net Working Capital	12.2M	16.7M	1.4M	1.6M	(2.9M)	(2.7M)
Common Stock	28.4M	36.4M	58.1M	76.0M	76.8M	52.8M
Property Plant Equipment	4.7M	4.5M	4.0M	10.8M	12.5M	13.1M
Capital Stock	28.4M	36.4M	58.1M	76.0M	76.8M	55.4M

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