QVC Intangible Assets vs Net Receivables Analysis
QVCGA Stock | 3.17 0.11 3.35% |
QVC financial indicator trend analysis is much more than just breaking down QVC Group prevalent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether QVC Group is a good investment. Please check the relationship between QVC Intangible Assets and its Net Receivables accounts. Check out Your Equity Center to better understand how to build diversified portfolios, which includes a position in QVC Group. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in price.
Intangible Assets vs Net Receivables
Intangible Assets vs Net Receivables Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of QVC Group Intangible Assets account and Net Receivables. At this time, the significance of the direction appears to have significant contrarian relationship.
The correlation between QVC's Intangible Assets and Net Receivables is -0.48. Overlapping area represents the amount of variation of Intangible Assets that can explain the historical movement of Net Receivables in the same time period over historical financial statements of QVC Group, assuming nothing else is changed. The correlation between historical values of QVC's Intangible Assets and Net Receivables is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Intangible Assets of QVC Group are associated (or correlated) with its Net Receivables. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Net Receivables has no effect on the direction of Intangible Assets i.e., QVC's Intangible Assets and Net Receivables go up and down completely randomly.
Correlation Coefficient | -0.48 |
Relationship Direction | Negative |
Relationship Strength | Very Weak |
Intangible Assets
Non-physical assets possessed by a company, such as patents, trademarks, and copyrights, which provide long-term value.Net Receivables
Most indicators from QVC's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into QVC Group 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 Your Equity Center to better understand how to build diversified portfolios, which includes a position in QVC Group. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in price. The current year's Sales General And Administrative To Revenue is expected to grow to 0.08, whereas Selling General Administrative is forecasted to decline to about 1.4 B.
2022 | 2023 | 2025 (projected) | Interest Expense | 456M | 451M | 367.7M | Depreciation And Amortization | 481M | 407M | 462.2M |
QVC fundamental ratios Correlations
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QVC Account Relationship Matchups
High Positive Relationship
High Negative Relationship
QVC fundamental ratios Accounts
2020 | 2021 | 2022 | 2023 | 2024 | 2025 (projected) | ||
Total Assets | 17.0B | 16.2B | 12.6B | 11.4B | 9.2B | 13.9B | |
Short Long Term Debt Total | 6.9B | 7.3B | 6.9B | 6.0B | 5.6B | 7.0B | |
Other Current Liab | 1.6B | 1.5B | 1.3B | 1.1B | 1.1B | 1.1B | |
Total Current Liabilities | 4.7B | 4.2B | 3.1B | 2.6B | 2.7B | 3.1B | |
Total Stockholder Equity | 3.6B | 2.9B | 412M | 385M | (971M) | (922.5M) | |
Property Plant And Equipment Net | 1.3B | 1.4B | 1.2B | 1.1B | 1.1B | 1.3B | |
Net Debt | 6.1B | 6.7B | 5.6B | 4.8B | 4.7B | 6.1B | |
Retained Earnings | 3.5B | 2.9B | 337M | 196M | (1.1B) | (1.0B) | |
Accounts Payable | 1.3B | 1.4B | 976M | 895M | 776M | 883.6M | |
Cash | 806M | 587M | 1.3B | 1.1B | 905M | 655.2M | |
Non Current Assets Total | 12.4B | 11.8B | 8.3B | 7.7B | 5.9B | 10.9B | |
Non Currrent Assets Other | 549M | 251M | 310M | 151M | 103M | 97.9M | |
Cash And Short Term Investments | 806M | 587M | 1.3B | 1.1B | 905M | 656.5M | |
Net Receivables | 2.0B | 2.0B | 1.4B | 1.3B | 1.1B | 1.5B | |
Good Will | 6.6B | 6.3B | 3.5B | 3.2B | 2.2B | 2.1B | |
Common Stock Shares Outstanding | 8.4M | 8.3M | 7.7M | 7.8M | 7.9M | 8.3M | |
Liabilities And Stockholders Equity | 17.0B | 16.2B | 12.6B | 11.4B | 9.2B | 13.9B | |
Non Current Liabilities Total | 8.6B | 9.0B | 8.9B | 8.3B | 7.4B | 6.8B | |
Inventory | 1.3B | 1.6B | 1.3B | 1.0B | 1.1B | 1.2B | |
Other Current Assets | 473M | 235M | 210M | 209M | 190M | 340.9M | |
Total Liab | 13.3B | 13.2B | 12.0B | 10.9B | 10.1B | 9.1B | |
Total Current Assets | 4.6B | 4.4B | 4.3B | 3.7B | 3.3B | 4.1B | |
Accumulated Other Comprehensive Income | 72M | (79M) | 18M | 86M | (15M) | (14.3M) | |
Short Term Debt | 1.8B | 1.3B | 828M | 642M | 867M | 689.1M | |
Intangible Assets | 3.9B | 3.8B | 3.3B | 3.2B | 2.5B | 4.9B |
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Check out Your Equity Center to better understand how to build diversified portfolios, which includes a position in QVC Group. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in price. You can also try the Efficient Frontier module to plot and analyze your portfolio and positions against risk-return landscape of the market..
Is Retail 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 QVC. If investors know QVC 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 QVC listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
The market value of QVC Group is measured differently than its book value, which is the value of QVC that is recorded on the company's balance sheet. Investors also form their own opinion of QVC's value that differs from its market value or its book value, called intrinsic value, which is QVC's 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 QVC's market value can be influenced by many factors that don't directly affect QVC's 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 QVC's value and its price as these two are different measures arrived at by different means. Investors typically determine if QVC is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, QVC's 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.