Vicor Depreciation And Amortization vs Income Before Tax Analysis
VICR Stock | USD 55.44 1.22 2.15% |
Vicor financial indicator trend analysis is much more than just breaking down Vicor prevalent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Vicor is a good investment. Please check the relationship between Vicor Depreciation And Amortization and its Income Before Tax accounts. Check out World Market Map to better understand how to build diversified portfolios, which includes a position in Vicor. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in main economic indicators. To learn how to invest in Vicor Stock, please use our How to Invest in Vicor guide.
Depreciation And Amortization vs Income Before Tax
Depreciation And Amortization vs Income Before Tax Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Vicor Depreciation And Amortization account and Income Before Tax. At this time, the significance of the direction appears to have fragmental relationship.
The correlation between Vicor's Depreciation And Amortization and Income Before Tax is 0.54. Overlapping area represents the amount of variation of Depreciation And Amortization that can explain the historical movement of Income Before Tax in the same time period over historical financial statements of Vicor, assuming nothing else is changed. The correlation between historical values of Vicor's Depreciation And Amortization and Income Before Tax is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Depreciation And Amortization of Vicor are associated (or correlated) with its Income Before Tax. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Income Before Tax has no effect on the direction of Depreciation And Amortization i.e., Vicor's Depreciation And Amortization and Income Before Tax go up and down completely randomly.
Correlation Coefficient | 0.54 |
Relationship Direction | Positive |
Relationship Strength | Weak |
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.Income Before Tax
Income Before Tax which can also be referred as pre-tax income is reported on Vicor income statement and is an important metric when analyzing Vicor profitability. Accounting techniques because taxes can be complex, and not perfectly consistent from one company to company, an analyst may use pre-tax income as a more stable measure of profitability.Most indicators from Vicor's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Vicor 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 Vicor. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in main economic indicators. To learn how to invest in Vicor Stock, please use our How to Invest in Vicor guide.At this time, Vicor's Tax Provision is relatively stable compared to the past year. As of 11/28/2024, Sales General And Administrative To Revenue is likely to grow to 0.26, while Selling General Administrative is likely to drop slightly above 55.6 M.
2021 | 2022 | 2023 | 2024 (projected) | Gross Profit | 178.2M | 180.6M | 204.9M | 215.2M | Total Revenue | 359.4M | 399.1M | 405.1M | 211.5M |
Vicor fundamental ratios Correlations
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Vicor Account Relationship Matchups
High Positive Relationship
High Negative Relationship
Vicor fundamental ratios Accounts
2019 | 2020 | 2021 | 2022 | 2023 | 2024 (projected) | ||
Total Assets | 240.7M | 396.2M | 477.2M | 536.9M | 613.4M | 644.0M | |
Other Current Liab | 13.9M | 3.2M | (2.8M) | 5.4M | 14.2M | 9.1M | |
Total Current Liabilities | 29.9M | 40.5M | 49.1M | 64.5M | 44.2M | 25.8M | |
Total Stockholder Equity | 205.6M | 350.8M | 423.6M | 464.1M | 540.9M | 567.9M | |
Property Plant And Equipment Net | 57.0M | 74.8M | 116.0M | 166.0M | 157.7M | 165.6M | |
Net Debt | (80.3M) | (157.1M) | (177.6M) | (182.2M) | (234.0M) | (222.3M) | |
Retained Earnings | 143.1M | 161.0M | 217.6M | 243.1M | 296.7M | 311.5M | |
Cash | 84.7M | 161.7M | 182.4M | 190.6M | 242.2M | 254.3M | |
Non Current Assets Total | 61.7M | 79.3M | 120.4M | 174.3M | 193.0M | 202.6M | |
Non Currrent Assets Other | 1.5M | 1.3M | 1.3M | 5.1M | 13.8M | 14.5M | |
Cash And Short Term Investments | 84.7M | 211.9M | 227.6M | 190.6M | 242.2M | 254.3M | |
Net Receivables | 38.1M | 41.0M | 55.1M | 65.4M | 52.6M | 32.3M | |
Common Stock Shares Outstanding | 41.7M | 43.9M | 45.0M | 44.9M | 45.0M | 45.6M | |
Liabilities And Stockholders Equity | 240.7M | 396.2M | 477.2M | 536.9M | 613.4M | 644.0M | |
Non Current Liabilities Total | 4.9M | 4.6M | 4.2M | 8.0M | 28.1M | 29.5M | |
Inventory | 49.2M | 57.3M | 67.3M | 101.4M | 106.6M | 111.9M | |
Other Current Assets | 7.1M | 6.8M | 6.7M | 5.2M | 18.9M | 19.9M | |
Total Liab | 34.9M | 45.1M | 53.3M | 72.6M | 72.2M | 75.9M | |
Property Plant And Equipment Gross | 57.0M | 74.8M | 364.2M | 424.6M | 408.0M | 428.4M | |
Total Current Assets | 179.1M | 316.9M | 356.8M | 362.6M | 420.4M | 441.4M | |
Accumulated Other Comprehensive Income | (383K) | (204K) | (1.3M) | (988K) | (1.3M) | (1.3M) | |
Accounts Payable | 9.0M | 14.1M | 21.2M | 22.2M | 12.1M | 9.5M | |
Common Stock Total Equity | 520K | 523K | 551K | 557K | 640.6K | 547.5K | |
Common Stock | 201.8M | 328.9M | 346.2M | 360.9M | 563K | 534.9K | |
Other Assets | 1.7M | 1.9M | 1.8M | 5.4M | 4.9M | 5.1M | |
Property Plant Equipment | 57.0M | 74.8M | 116.0M | 166.0M | 149.4M | 156.9M | |
Current Deferred Revenue | 5.5M | 7.3M | 7.9M | 13.2M | 3.2M | 3.2M | |
Intangible Assets | 509K | 425K | 332K | 258K | 192K | 182.4K | |
Other Liab | 2.1M | 1.6M | 982K | 1.0M | 906.3K | 1.4M | |
Net Tangible Assets | 205.6M | 350.8M | 423.6M | 463.8M | 533.4M | 560.1M | |
Noncontrolling Interest In Consolidated Entity | 434K | 308K | 335K | 306K | 275.4K | 261.6K | |
Retained Earnings Total Equity | 129M | 143.1M | 161.0M | 217.6M | 250.3M | 141.0M | |
Capital Surpluse | 193.5M | 201.3M | 328.4M | 345.7M | 397.5M | 227.6M | |
Long Term Investments | 2.5M | 2.5M | 2.6M | 2.6M | 2.5M | 2.9M |
Pair Trading with Vicor
One of the main advantages of trading using pair correlations is that every trade hedges away some risk. Because there are two separate transactions required, even if Vicor position performs unexpectedly, the other equity can make up some of the losses. Pair trading also minimizes risk from directional movements in the market. For example, if an entire industry or sector drops because of unexpected headlines, the short position in Vicor will appreciate offsetting losses from the drop in the long position's value.Moving together with Vicor Stock
Moving against Vicor Stock
The ability to find closely correlated positions to Vicor could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Vicor when you sell it. If you don't do this, your portfolio allocation will be skewed against your target asset allocation. So, investors can't just sell and buy back Vicor - that would be a violation of the tax code under the "wash sale" rule, and this is why you need to find a similar enough asset and use the proceeds from selling Vicor to buy it.
The correlation of Vicor is a statistical measure of how it moves in relation to other instruments. This measure is expressed in what is known as the correlation coefficient, which ranges between -1 and +1. A perfect positive correlation (i.e., a correlation coefficient of +1) implies that as Vicor moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Vicor moves in either direction, the perfectly negatively correlated security will move in the opposite direction. If the correlation is 0, the equities are not correlated; they are entirely random. A correlation greater than 0.8 is generally described as strong, whereas a correlation less than 0.5 is generally considered weak.
Correlation analysis and pair trading evaluation for Vicor can also be used as hedging techniques within a particular sector or industry or even over random equities to generate a better risk-adjusted return on your portfolios.Additional Tools for Vicor Stock Analysis
When running Vicor's price analysis, check to measure Vicor's market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy Vicor is operating at the current time. Most of Vicor's value examination focuses on studying past and present price action to predict the probability of Vicor's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Vicor's price. Additionally, you may evaluate how the addition of Vicor to your portfolios can decrease your overall portfolio volatility.