Viva Income Tax Expense vs Gross Profit Analysis

VVA Stock

1.38 0.05 3.50%

Viva Leisure financial indicator trend analysis is much more than just breaking down Viva Leisure prevalent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Viva Leisure is a good investment. Please check the relationship between Viva Leisure Income Tax Expense and its Gross Profit accounts. Check out World Market Map to better understand how to build diversified portfolios, which includes a position in Viva Leisure. 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.

Income Tax Expense vs Gross Profit

Income Tax Expense vs Gross Profit Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Viva Leisure Income Tax Expense account and Gross Profit. At this time, the significance of the direction appears to have fragmental relationship.

The correlation between Viva Leisure's Income Tax Expense and Gross Profit is 0.54. Overlapping area represents the amount of variation of Income Tax Expense that can explain the historical movement of Gross Profit in the same time period over historical financial statements of Viva Leisure, assuming nothing else is changed. The correlation between historical values of Viva Leisure's Income Tax Expense and Gross Profit is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Income Tax Expense of Viva Leisure are associated (or correlated) with its Gross Profit. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Gross Profit has no effect on the direction of Income Tax Expense i.e., Viva Leisure's Income Tax Expense and Gross Profit go up and down completely randomly.

Correlation Coefficient

0.54

Relationship Direction	Positive
Relationship Strength	Weak

View All Relationships

Income Tax Expense

Gross Profit

Gross profit is a required income statement account that reflects total revenue of Viva Leisure minus its cost of goods sold. It is profit before Viva Leisure operating expenses, interest payments and taxes. Gross profit is also known as gross margin. The profit a company makes after deducting the costs associated with making and selling its products, or the costs associated with providing its services.

Most indicators from Viva Leisure's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Viva Leisure 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 Viva Leisure. 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.

Selling General Administrative is likely to gain to about 54.2 M in 2024. Tax Provision is likely to gain to about 1.6 M in 2024

	2021	2022	2023	2024 (projected)
Depreciation And Amortization	38.3M	44.2M	51.9M	54.5M
Interest Income	8.7K	40.4K	168.7K	160.2K

Depreciation And Amortization Interest Income

Viva Leisure fundamental ratios Correlations

	Total Assets	Short Long Term Debt Total	Other Current Liab	Total Current Liabilities	Total Stockholder Equity	Other Liab	Net Tangible Assets	Property Plant And Equipment Net	Net Debt	Retained Earnings	Accounts Payable	Cash	Non Current Assets Total	Non Currrent Assets Other	Cash And Short Term Investments	Net Receivables	Long Term Debt Total	Non Current Liabilities Total	Inventory	Other Current Assets	Other Stockholder Equity	Total Liab	Long Term Investments	Total Current Assets	Short Term Debt	Intangible Assets
Total Assets		1.0	0.72	0.96	0.99	1.0	0.7	1.0	1.0	-0.83	0.86	0.69	1.0	-0.33	0.69	0.87	1.0	1.0	0.95	0.78	-0.44	1.0	0.89	0.75	0.97	0.64
Short Long Term Debt Total	1.0		0.71	0.96	0.99	1.0	0.69	1.0	1.0	-0.84	0.86	0.68	1.0	-0.34	0.68	0.87	1.0	1.0	0.95	0.78	-0.45	1.0	0.88	0.74	0.97	0.65
Other Current Liab	0.72	0.71		0.87	0.69	0.68	0.13	0.7	0.72	-0.62	0.63	0.27	0.72	0.21	0.27	0.4	0.68	0.69	0.77	0.22	0.25	0.72	0.53	0.3	0.84	0.12
Total Current Liabilities	0.96	0.96	0.87		0.94	0.94	0.5	0.95	0.96	-0.83	0.82	0.54	0.96	-0.1	0.54	0.73	0.94	0.95	0.97	0.59	-0.19	0.96	0.81	0.59	1.0	0.5
Total Stockholder Equity	0.99	0.99	0.69	0.94		0.99	0.75	0.99	0.98	-0.78	0.84	0.73	0.99	-0.33	0.73	0.87	0.99	0.99	0.95	0.78	-0.47	0.99	0.94	0.78	0.96	0.64
Other Liab	1.0	1.0	0.68	0.94	0.99		0.73	1.0	1.0	-0.83	0.86	0.71	1.0	-0.39	0.71	0.9	1.0	1.0	0.94	0.81	-0.49	1.0	0.89	0.77	0.96	0.67
Net Tangible Assets	0.7	0.69	0.13	0.5	0.75	0.73		0.71	0.67	-0.33	0.59	0.92	0.68	-0.71	0.92	0.87	0.72	0.72	0.57	0.92	-0.8	0.69	0.85	0.94	0.53	0.56
Property Plant And Equipment Net	1.0	1.0	0.7	0.95	0.99	1.0	0.71		1.0	-0.83	0.86	0.69	1.0	-0.35	0.69	0.88	1.0	1.0	0.95	0.79	-0.47	1.0	0.89	0.75	0.97	0.66
Net Debt	1.0	1.0	0.72	0.96	0.98	1.0	0.67	1.0		-0.86	0.86	0.65	1.0	-0.32	0.65	0.86	1.0	1.0	0.95	0.76	-0.43	1.0	0.86	0.71	0.98	0.67
Retained Earnings	-0.83	-0.84	-0.62	-0.83	-0.78	-0.83	-0.33	-0.83	-0.86		-0.8	-0.26	-0.84	0.13	-0.26	-0.65	-0.83	-0.83	-0.82	-0.51	0.33	-0.84	-0.6	-0.34	-0.84	-0.77
Accounts Payable	0.86	0.86	0.63	0.82	0.84	0.86	0.59	0.86	0.86	-0.8		0.61	0.86	-0.35	0.61	0.85	0.86	0.86	0.78	0.73	-0.37	0.86	0.73	0.67	0.82	0.67
Cash	0.69	0.68	0.27	0.54	0.73	0.71	0.92	0.69	0.65	-0.26	0.61		0.67	-0.66	1.0	0.84	0.7	0.7	0.54	0.82	-0.61	0.68	0.83	0.99	0.56	0.33
Non Current Assets Total	1.0	1.0	0.72	0.96	0.99	1.0	0.68	1.0	1.0	-0.84	0.86	0.67		-0.32	0.67	0.86	1.0	1.0	0.96	0.76	-0.43	1.0	0.88	0.73	0.98	0.65
Non Currrent Assets Other	-0.33	-0.34	0.21	-0.1	-0.33	-0.39	-0.71	-0.35	-0.32	0.13	-0.35	-0.66	-0.32		-0.66	-0.61	-0.38	-0.37	-0.06	-0.75	0.63	-0.33	-0.41	-0.67	-0.15	-0.45
Cash And Short Term Investments	0.69	0.68	0.27	0.54	0.73	0.71	0.92	0.69	0.65	-0.26	0.61	1.0	0.67	-0.66		0.84	0.7	0.7	0.54	0.82	-0.61	0.68	0.83	0.99	0.56	0.33
Net Receivables	0.87	0.87	0.4	0.73	0.87	0.9	0.87	0.88	0.86	-0.65	0.85	0.84	0.86	-0.61	0.84		0.89	0.89	0.75	0.95	-0.69	0.87	0.81	0.89	0.75	0.66
Long Term Debt Total	1.0	1.0	0.68	0.94	0.99	1.0	0.72	1.0	1.0	-0.83	0.86	0.7	1.0	-0.38	0.7	0.89		1.0	0.94	0.8	-0.49	1.0	0.89	0.76	0.96	0.67
Non Current Liabilities Total	1.0	1.0	0.69	0.95	0.99	1.0	0.72	1.0	1.0	-0.83	0.86	0.7	1.0	-0.37	0.7	0.89	1.0		0.94	0.8	-0.48	1.0	0.89	0.76	0.96	0.66
Inventory	0.95	0.95	0.77	0.97	0.95	0.94	0.57	0.95	0.95	-0.82	0.78	0.54	0.96	-0.06	0.54	0.75	0.94	0.94		0.62	-0.32	0.95	0.83	0.6	0.97	0.59
Other Current Assets	0.78	0.78	0.22	0.59	0.78	0.81	0.92	0.79	0.76	-0.51	0.73	0.82	0.76	-0.75	0.82	0.95	0.8	0.8	0.62		-0.75	0.77	0.76	0.87	0.62	0.68
Other Stockholder Equity	-0.44	-0.45	0.25	-0.19	-0.47	-0.49	-0.8	-0.47	-0.43	0.33	-0.37	-0.61	-0.43	0.63	-0.61	-0.69	-0.49	-0.48	-0.32	-0.75		-0.44	-0.53	-0.65	-0.24	-0.62
Total Liab	1.0	1.0	0.72	0.96	0.99	1.0	0.69	1.0	1.0	-0.84	0.86	0.68	1.0	-0.33	0.68	0.87	1.0	1.0	0.95	0.77	-0.44		0.88	0.74	0.97	0.64
Long Term Investments	0.89	0.88	0.53	0.81	0.94	0.89	0.85	0.89	0.86	-0.6	0.73	0.83	0.88	-0.41	0.83	0.81	0.89	0.89	0.83	0.76	-0.53	0.88		0.86	0.82	0.59
Total Current Assets	0.75	0.74	0.3	0.59	0.78	0.77	0.94	0.75	0.71	-0.34	0.67	0.99	0.73	-0.67	0.99	0.89	0.76	0.76	0.6	0.87	-0.65	0.74	0.86		0.62	0.41
Short Term Debt	0.97	0.97	0.84	1.0	0.96	0.96	0.53	0.97	0.98	-0.84	0.82	0.56	0.98	-0.15	0.56	0.75	0.96	0.96	0.97	0.62	-0.24	0.97	0.82	0.62		0.54
Intangible Assets	0.64	0.65	0.12	0.5	0.64	0.67	0.56	0.66	0.67	-0.77	0.67	0.33	0.65	-0.45	0.33	0.66	0.67	0.66	0.59	0.68	-0.62	0.64	0.59	0.41	0.54

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Viva Leisure Account Relationship Matchups

Viva Leisure fundamental ratios Accounts

	2019	2020	2021	2022	2023	2024 (projected)
Total Assets	319.5M	398.1M	436.1M	449.0M	542.5M	569.6M
Short Long Term Debt Total	190.6M	230.2M	264.6M	266.2M	319.3M	335.3M
Other Current Liab	3.2M	4.6M	4.8M	9.4M	14.4M	15.1M
Total Current Liabilities	24.4M	39.2M	46.2M	59.2M	77.2M	81.1M
Total Stockholder Equity	63.3M	86.4M	85.8M	90.0M	109.1M	114.5M
Other Liab	57.3M	67.4M	73.1M	73.0M	84.0M	88.2M
Net Tangible Assets	42.8M	38.4M	19.6M	15.3M	17.5M	15.5M
Property Plant And Equipment Net	205.5M	256.6M	276.4M	283.0M	328.9M	345.4M
Net Debt	160.5M	212.9M	254.6M	259.3M	297.1M	311.9M
Retained Earnings	(2.3M)	(8.7M)	(20.9M)	(17.3M)	(13.8M)	(13.1M)
Accounts Payable	4.5M	5.2M	5.2M	6.6M	7.6M	4.0M
Cash	30.1M	17.3M	10.1M	6.8M	22.3M	11.3M
Non Current Assets Total	283.8M	374.5M	421.8M	437.8M	515.2M	540.9M
Non Currrent Assets Other	(226.1M)	(46.9M)	(64.8M)	(71.3M)	2.3M	2.4M
Cash And Short Term Investments	30.1M	17.3M	10.1M	6.8M	22.3M	11.3M
Net Receivables	2.7M	2.7M	2.0M	1.8M	2.5M	1.4M
Long Term Debt Total	174.5M	205.2M	231.1M	226.8M	260.8M	273.9M
Liabilities And Stockholders Equity	319.5M	398.1M	436.1M	449.0M	542.5M	569.6M
Non Current Liabilities Total	231.8M	272.6M	304.2M	299.8M	356.2M	374.0M
Inventory	158.2K	899.5K	809.5K	889.5K	1.2M	1.2M
Other Current Assets	2.8M	2.7M	1.5M	1.7M	1.4M	1.2M
Other Stockholder Equity	(85.0M)	(108.0M)	(107.2M)	1.0	0.9	0.95
Total Liab	256.2M	311.8M	350.3M	359.0M	433.4M	455.1M
Total Current Assets	35.7M	23.6M	14.3M	11.2M	27.3M	14.5M
Short Term Debt	16.1M	25.0M	33.5M	39.3M	51.4M	53.9M
Intangible Assets	20.5M	47.9M	66.2M	74.8M	7.3M	6.9M
Common Stock	87.4M	116.7M	128.1M	128.6M	144.0M	151.2M
Property Plant Equipment	205.5M	256.6M	276.4M	283.0M	325.4M	341.7M
Current Deferred Revenue	863.4K	4.4M	2.6M	3.5M	(1.0)	(0.95)
Common Stock Shares Outstanding	57.3M	81.3M	88.1M	94.2M	93.7M	77.2M
Other Assets	3.5M	57.7M	70.0M	1.0	78.3M	0.95
Long Term Debt	6.7M	7.9M	15.7M	14.1M	20.8M	21.9M
Good Will	19.7M	46.9M	64.8M	71.3M	84.7M	53.8M
Capital Lease Obligations	182.6M	220.2M	244.5M	246.8M	290.2M	218.6M
Net Invested Capital	71.3M	96.4M	105.9M	109.4M	138.2M	100.3M
Property Plant And Equipment Gross	205.5M	269.1M	295.7M	310.5M	366.1M	268.8M
Accumulated Other Comprehensive Income	(21.7M)	(21.6M)	(21.4M)	(21.2M)	(21.1M)	(22.1M)

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