Vertiv Non Recurring vs Other Operating Expenses Analysis

VRT Stock  USD 126.94  4.80  3.64%   
Vertiv Holdings financial indicator trend analysis is much more than just breaking down Vertiv Holdings prevalent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Vertiv Holdings is a good investment. Please check the relationship between Vertiv Holdings Non Recurring and its Other Operating Expenses accounts. Check out World Market Map to better understand how to build diversified portfolios, which includes a position in Vertiv Holdings Co. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in metropolitan statistical area.

Non Recurring vs Other Operating Expenses

Non Recurring vs Other Operating Expenses Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Vertiv Holdings Non Recurring account and Other Operating Expenses. At this time, the significance of the direction appears to have significant contrarian relationship.
The correlation between Vertiv Holdings' Non Recurring and Other Operating Expenses is -0.38. Overlapping area represents the amount of variation of Non Recurring that can explain the historical movement of Other Operating Expenses in the same time period over historical financial statements of Vertiv Holdings Co, assuming nothing else is changed. The correlation between historical values of Vertiv Holdings' Non Recurring and Other Operating Expenses is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Non Recurring of Vertiv Holdings Co are associated (or correlated) with its Other Operating Expenses. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Other Operating Expenses has no effect on the direction of Non Recurring i.e., Vertiv Holdings' Non Recurring and Other Operating Expenses go up and down completely randomly.

Correlation Coefficient

-0.38
Relationship DirectionNegative 
Relationship StrengthInsignificant

Non Recurring

Other Operating Expenses

Other Operating Expenses is the expense which generally does not depend on sales or production quantities of Vertiv Holdings. It is also known as Vertiv Holdings overhead expenses. Typically these expenses include marketing, rent and utilities, office, leases, and other overhead cost. Expenses incurred from non-core business activities, including administrative and general expenses, but excluding costs directly related to production.
Most indicators from Vertiv Holdings' fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Vertiv Holdings 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 Vertiv Holdings Co. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in metropolitan statistical area.
At this time, Vertiv Holdings' Discontinued Operations is comparatively stable compared to the past year. Selling General Administrative is likely to gain to about 1.4 B in 2024, whereas Tax Provision is likely to drop slightly above 39.4 M in 2024.
 2021 2022 2023 2024 (projected)
Other Operating Expenses4.7B5.5B6.0B3.3B
Gross Profit1.5B1.6B2.4B1.6B

Vertiv Holdings fundamental ratios Correlations

0.73-0.920.940.870.950.88-0.190.930.190.820.790.630.360.53-0.40.860.830.950.90.240.740.930.91-0.550.76
0.73-0.540.760.710.830.940.390.82-0.390.40.760.610.370.6-0.540.860.880.870.840.480.640.560.76-0.370.85
-0.92-0.54-0.83-0.82-0.86-0.770.32-0.85-0.32-0.9-0.74-0.66-0.2-0.330.48-0.67-0.59-0.83-0.78-0.13-0.47-0.93-0.790.66-0.5
0.940.76-0.830.960.890.83-0.170.880.170.630.670.530.150.41-0.320.790.840.910.860.130.710.850.85-0.490.75
0.870.71-0.820.960.790.78-0.260.870.260.630.610.450.030.26-0.390.670.70.810.840.070.550.850.8-0.50.62
0.950.83-0.860.890.790.940.10.9-0.10.740.860.790.450.58-0.530.890.870.990.870.320.690.80.9-0.630.79
0.880.94-0.770.830.780.940.180.94-0.180.680.850.740.460.59-0.620.890.870.950.940.420.680.760.87-0.520.84
-0.190.390.32-0.17-0.260.10.18-0.13-1.0-0.380.230.360.270.24-0.330.150.170.1-0.090.35-0.11-0.47-0.05-0.130.14
0.930.82-0.850.880.870.90.94-0.130.130.810.730.650.40.44-0.560.810.820.910.990.230.730.90.91-0.50.81
0.19-0.39-0.320.170.26-0.1-0.18-1.00.130.38-0.23-0.36-0.27-0.240.33-0.15-0.17-0.10.09-0.350.110.470.050.13-0.14
0.820.4-0.90.630.630.740.68-0.380.810.380.680.630.510.27-0.570.530.440.690.740.030.450.850.82-0.660.43
0.790.76-0.740.670.610.860.850.230.73-0.230.680.660.480.72-0.560.820.650.860.680.570.390.620.78-0.620.53
0.630.61-0.660.530.450.790.740.360.65-0.360.630.660.550.18-0.820.50.540.720.620.020.330.460.69-0.820.5
0.360.37-0.20.150.030.450.460.270.4-0.270.510.480.550.34-0.550.360.360.40.420.080.420.160.62-0.430.45
0.530.6-0.330.410.260.580.590.240.44-0.240.270.720.180.340.050.850.670.640.440.890.550.410.410.060.6
-0.4-0.540.48-0.32-0.39-0.53-0.62-0.33-0.560.33-0.57-0.56-0.82-0.550.05-0.23-0.24-0.46-0.550.08-0.04-0.28-0.620.81-0.26
0.860.86-0.670.790.670.890.890.150.81-0.150.530.820.50.360.85-0.230.930.930.80.650.780.730.74-0.250.86
0.830.88-0.590.840.70.870.870.170.82-0.170.440.650.540.360.67-0.240.930.910.850.420.90.690.75-0.230.97
0.950.87-0.830.910.810.990.950.10.91-0.10.690.860.720.40.64-0.460.930.910.880.380.730.810.88-0.550.83
0.90.84-0.780.860.840.870.94-0.090.990.090.740.680.620.420.44-0.550.80.850.880.230.780.860.89-0.430.86
0.240.48-0.130.130.070.320.420.350.23-0.350.030.570.020.080.890.080.650.420.380.230.230.190.090.230.35
0.740.64-0.470.710.550.690.68-0.110.730.110.450.390.330.420.55-0.040.780.90.730.780.230.670.67-0.020.94
0.930.56-0.930.850.850.80.76-0.470.90.470.850.620.460.160.41-0.280.730.690.810.860.190.670.77-0.380.65
0.910.76-0.790.850.80.90.87-0.050.910.050.820.780.690.620.41-0.620.740.750.880.890.090.670.77-0.680.73
-0.55-0.370.66-0.49-0.5-0.63-0.52-0.13-0.50.13-0.66-0.62-0.82-0.430.060.81-0.25-0.23-0.55-0.430.23-0.02-0.38-0.68-0.14
0.760.85-0.50.750.620.790.840.140.81-0.140.430.530.50.450.6-0.260.860.970.830.860.350.940.650.73-0.14
Click cells to compare fundamentals

Vertiv Holdings Account Relationship Matchups

Vertiv Holdings fundamental ratios Accounts

201920202021202220232024 (projected)
Total Assets4.7B5.1B6.9B7.1B8.0B4.5B
Total Current Liabilities1.5B1.7B1.9B1.9B2.3B1.3B
Total Stockholder Equity(704.8M)668.3M1.4B1.4B2.0B2.1B
Retained Earnings(1.0B)(1.2B)(1.2B)(1.1B)(691.9M)(726.5M)
Accounts Payable636.8M730.5M858.5M984M986.4M577.1M
Non Current Assets Total2.6B2.6B4.2B3.9B4.0B2.5B
Non Currrent Assets Other155.4M196.8M219.4M60.7M55.9M53.1M
Net Receivables1.2B1.4B1.5B1.9B2.2B1.3B
Common Stock Shares Outstanding118.3M307.1M355.5M378.2M386.2M246.5M
Liabilities And Stockholders Equity4.7B5.1B6.9B7.1B8.0B4.5B
Non Current Liabilities Total3.8B2.7B3.7B3.8B3.7B2.4B
Capital Surpluse0.01.8B2.6B2.6B3.0B3.2B
Other Current Assets180.7M183.2M106.8M187.3M151.6M124.2M
Other Stockholder Equity(673.3T)1.8B2.6B2.6B2.7B2.8B
Total Liab5.4B4.4B5.5B5.7B6.0B3.7B
Total Current Assets2.0B2.5B2.7B3.2B4.0B4.2B
Short Term Debt35M64.3M63.9M67M64.7M40.5M
Common Stock666.9M673.3T37.6K37.7K43.4K41.2K
Other Current Liab647.2M692.3M620.3M468.5M568.9M512.8M
Other Liab297M494.6M716.6M454.8M523.0M475.4M
Net Tangible Assets(2.8B)(1.2B)(2.1B)(1.7B)(1.9B)(2.0B)
Cash223.5M534.6M439.1M260.6M780.4M412.8M
Other Assets54M300K283.4M180.4M207.5M123.9M
Long Term Debt3.5B2.1B3.0B3.2B2.9B2.4B
Good Will605.8M607.2M1.3B1.3B1.3B1.0B
Inventory401M446.6M616.3M822M884.3M638.1M
Net Invested Capital678.3M2.8B4.4B4.6B5.0B2.9B
Net Working Capital678.3M845.7M843.8M1.3B1.7B1.8B
Intangible Assets1.4B1.3B2.1B1.8B1.7B1.8B
Property Plant Equipment538.6M427.6M489.3M655.8M754.2M552.9M
Net Debt3.2B1.6B2.5B3.1B2.3B2.3B
Cash And Short Term Investments223.5M534.6M439.1M260.6M780.4M410.5M

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