Vulcan Total Current Liabilities vs Other Current Assets Analysis
VMC Stock | USD 286.39 2.01 0.70% |
Vulcan Materials financial indicator trend analysis is much more than just breaking down Vulcan Materials prevalent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Vulcan Materials is a good investment. Please check the relationship between Vulcan Materials Total Current Liabilities and its Other Current Assets accounts. Check out World Market Map to better understand how to build diversified portfolios, which includes a position in Vulcan Materials. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in population. For information on how to trade Vulcan Stock refer to our How to Trade Vulcan Stock guide.
Total Current Liabilities vs Other Current Assets
Total Current Liabilities vs Other Current Assets Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Vulcan Materials Total Current Liabilities account and Other Current Assets. At this time, the significance of the direction appears to have fragmental relationship.
The correlation between Vulcan Materials' Total Current Liabilities and Other Current Assets is 0.54. Overlapping area represents the amount of variation of Total Current Liabilities that can explain the historical movement of Other Current Assets in the same time period over historical financial statements of Vulcan Materials, assuming nothing else is changed. The correlation between historical values of Vulcan Materials' Total Current Liabilities and Other Current Assets is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Total Current Liabilities of Vulcan Materials are associated (or correlated) with its Other Current Assets. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Other Current Assets has no effect on the direction of Total Current Liabilities i.e., Vulcan Materials' Total Current Liabilities and Other Current Assets go up and down completely randomly.
Correlation Coefficient | 0.54 |
Relationship Direction | Positive |
Relationship Strength | Weak |
Total Current Liabilities
Total Current Liabilities is an item on Vulcan Materials balance sheet that include short term debt, accounts payable, accrued salaries payable, payroll taxes payable, accrued liabilities and other debts. Total Current Liabilities of Vulcan Materials are important to investors because some useful performance ratios such as Current Ratio and Quick Ratio require Total Current Liabilities to be accurate. The total amount of liabilities that a company is expected to pay within one year, including debts, accounts payable, and other short-term financial obligations.Other Current Assets
Assets expected to be converted into cash, sold, or consumed either in one year or in the operating cycle, which are not included under standard current asset categories.Most indicators from Vulcan Materials' fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Vulcan Materials 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 Vulcan Materials. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in population. For information on how to trade Vulcan Stock refer to our How to Trade Vulcan Stock guide.At present, Vulcan Materials' Enterprise Value is projected to increase significantly based on the last few years of reporting.
2021 | 2022 | 2023 | 2024 (projected) | Total Revenue | 5.6B | 7.3B | 7.8B | 8.2B | Depreciation And Amortization | 512M | 647.8M | 617M | 647.9M |
Vulcan Materials fundamental ratios Correlations
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Vulcan Materials Account Relationship Matchups
High Positive Relationship
High Negative Relationship
Vulcan Materials fundamental ratios Accounts
2019 | 2020 | 2021 | 2022 | 2023 | 2024 (projected) | ||
Total Assets | 10.6B | 11.7B | 13.7B | 14.2B | 14.5B | 15.3B | |
Short Long Term Debt Total | 3.2B | 3.7B | 4.5B | 4.5B | 4.4B | 4.6B | |
Other Current Liab | 90.5M | 259.4M | 314M | 331.2M | 406.7M | 427.0M | |
Total Current Liabilities | 535.6M | 1.0B | 769.3M | 956.6M | 797.6M | 546.4M | |
Total Stockholder Equity | 5.6B | 6.0B | 6.5B | 6.9B | 7.5B | 7.9B | |
Property Plant And Equipment Net | 4.7B | 4.8B | 6.2B | 6.6B | 6.7B | 7.1B | |
Net Debt | 2.9B | 2.5B | 4.3B | 4.4B | 3.5B | 3.6B | |
Retained Earnings | 2.9B | 3.3B | 3.7B | 4.1B | 4.6B | 4.8B | |
Cash | 271.6M | 1.2B | 235M | 161.4M | 931.1M | 977.7M | |
Non Current Assets Total | 9.3B | 9.4B | 12.0B | 12.3B | 12.0B | 12.6B | |
Non Currrent Assets Other | (407.0M) | (475.4M) | (732.4M) | (787.6M) | 267.7M | 281.1M | |
Cash And Short Term Investments | 271.6M | 1.2B | 235M | 161.4M | 931.1M | 977.7M | |
Net Receivables | 570.1M | 556.3M | 833.3M | 1.0B | 889.7M | 934.2M | |
Common Stock Shares Outstanding | 133.4M | 133.2M | 133.5M | 133.6M | 133.7M | 130.8M | |
Liabilities And Stockholders Equity | 10.6B | 11.7B | 13.7B | 14.2B | 14.5B | 15.3B | |
Non Current Liabilities Total | 4.5B | 4.6B | 6.3B | 6.3B | 6.2B | 6.6B | |
Inventory | 458.3M | 448.6M | 521.3M | 579.3M | 615.6M | 646.4M | |
Other Current Assets | 76.4M | 631.5M | 940.3M | 116M | 88.5M | 111.0M | |
Other Stockholder Equity | 2.8B | 2.8B | 2.8B | 2.8B | 2.9B | 3.0B | |
Total Liab | 5.0B | 5.7B | 7.1B | 7.3B | 7.0B | 7.4B | |
Total Current Assets | 1.4B | 2.3B | 1.7B | 1.9B | 2.5B | 2.7B | |
Short Term Debt | 25K | 515.4M | 89.8M | 170.9M | 500K | 475K | |
Accounts Payable | 265.2M | 273.1M | 365.5M | 454.5M | 390.4M | 409.9M | |
Intangible Assets | 1.1B | 1.1B | 1.7B | 1.7B | 1.5B | 1.1B | |
Common Stock | 132.4M | 132.5M | 132.7M | 132.9M | 132.1M | 105.7M | |
Other Liab | 1.3B | 1.4B | 1.8B | 1.9B | 2.1B | 2.3B | |
Other Assets | 393.5M | 688.1M | 273.5M | 285.2M | 328.0M | 231.7M | |
Long Term Debt | 2.8B | 2.8B | 3.9B | 3.9B | 3.9B | 2.2B | |
Good Will | 3.2B | 3.2B | 3.7B | 3.7B | 3.5B | 2.7B | |
Property Plant Equipment | 4.3B | 4.4B | 6.2B | 6.6B | 7.6B | 8.0B | |
Accumulated Other Comprehensive Income | (197.7M) | (181.3M) | (152.7M) | (154.7M) | (143.8M) | (151.0M) | |
Common Stock Total Equity | 132.4M | 132.5M | 132.7M | 132.9M | 119.6M | 104.9M | |
Property Plant And Equipment Gross | 4.7B | 4.4B | 11.1B | 11.9B | 12.5B | 13.1B | |
Current Deferred Revenue | 179.9M | 174.0M | 167.1M | 159.8M | 145.3M | 182.3M | |
Net Tangible Assets | 1.4B | 1.7B | 1.1B | 1.5B | 1.8B | 1.9B | |
Retained Earnings Total Equity | 2.9B | 3.3B | 3.7B | 4.1B | 4.7B | 2.6B | |
Long Term Debt Total | 2.8B | 2.8B | 3.9B | 3.9B | 4.5B | 2.9B | |
Capital Surpluse | 2.8B | 2.8B | 2.8B | 2.8B | 3.3B | 3.0B |
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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.When determining whether Vulcan Materials offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of Vulcan Materials' financial statements, including income statements, balance sheets, and cash flow statements, to assess its financial health. Key financial ratios are used to gauge profitability, efficiency, and growth potential of Vulcan Materials Stock. Outlined below are crucial reports that will aid in making a well-informed decision on Vulcan Materials Stock:Check out World Market Map to better understand how to build diversified portfolios, which includes a position in Vulcan Materials. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in population. For information on how to trade Vulcan Stock refer to our How to Trade Vulcan Stock guide.You can also try the Price Ceiling Movement module to calculate and plot Price Ceiling Movement for different equity instruments.
Is Construction Materials space expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of Vulcan Materials. If investors know Vulcan will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about Vulcan Materials listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Quarterly Earnings Growth (0.25) | Dividend Share 1.81 | Earnings Share 6.39 | Revenue Per Share 55.878 | Quarterly Revenue Growth (0.08) |
The market value of Vulcan Materials is measured differently than its book value, which is the value of Vulcan that is recorded on the company's balance sheet. Investors also form their own opinion of Vulcan Materials' value that differs from its market value or its book value, called intrinsic value, which is Vulcan Materials' true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because Vulcan Materials' market value can be influenced by many factors that don't directly affect Vulcan Materials' underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between Vulcan Materials' value and its price as these two are different measures arrived at by different means. Investors typically determine if Vulcan Materials is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Vulcan Materials' price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.