VNT Stock | | | USD 36.64 0.26 0.71% |
Vontier Corp financial indicator trend analysis is much more than just breaking down Vontier Corp prevalent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Vontier Corp is a good investment. Please check the relationship between Vontier Corp Capital Expenditures and its Change To Inventory accounts. Check out
World Market Map to better understand how to build diversified portfolios, which includes a position in Vontier 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 board of governors.
For more information on how to buy Vontier Stock please use our
How to Invest in Vontier Corp guide.
Capital Expenditures vs Change To Inventory
Capital Expenditures vs Change To Inventory Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of
Vontier Corp Capital Expenditures account and
Change To Inventory. At this time, the significance of the direction appears to have significant contrarian relationship.
The correlation between Vontier Corp's Capital Expenditures and Change To Inventory is -0.33. Overlapping area represents the amount of variation of Capital Expenditures that can explain the historical movement of Change To Inventory in the same time period over historical financial statements of Vontier Corp, assuming nothing else is changed. The correlation between historical values of Vontier Corp's Capital Expenditures and Change To Inventory is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Capital Expenditures of Vontier Corp are associated (or correlated) with its Change To Inventory. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Change To Inventory has no effect on the direction of Capital Expenditures i.e., Vontier Corp's Capital Expenditures and Change To Inventory go up and down completely randomly.
Correlation Coefficient | -0.33 |
Relationship Direction | Negative |
Relationship Strength | Insignificant |
Capital Expenditures
Capital Expenditures are funds used by Vontier Corp to acquire physical assets such as property, industrial buildings or equipment. This type of outlay is used by management to increase the scope of Vontier Corp operations. These expenditures can include everything from repairing an office equipment, building a brand new facility, or writing new software.
Change To Inventory
The increase or decrease in the amount of inventory a company has over a certain period.
Most indicators from Vontier Corp's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Vontier 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 Vontier 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 board of governors.
For more information on how to buy Vontier Stock please use our
How to Invest in Vontier Corp guide.At this time, Vontier Corp's
Enterprise Value Over EBITDA is comparatively stable compared to the past year.
Enterprise Value Multiple is likely to gain to 10.96 in 2024, whereas
Tax Provision is likely to drop slightly above 106.5
M in 2024.
Vontier Corp fundamental ratios Correlations
Click cells to compare fundamentals
Vontier Corp Account Relationship Matchups
High Positive Relationship
High Negative Relationship
Vontier Corp fundamental ratios Accounts
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Additional Tools for Vontier Stock Analysis
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measure Vontier Corp'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 Vontier Corp is operating at the current time. Most of Vontier Corp's value examination focuses on studying past and present price action to
predict the probability of Vontier Corp's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Vontier Corp's price. Additionally, you may evaluate how the addition of Vontier Corp to your portfolios can decrease your overall portfolio volatility.