VNET Property Plant And Equipment Net vs Accounts Payable Analysis

VNET Stock  USD 3.69  0.06  1.60%   
VNET Group financial indicator trend analysis is much more than just breaking down VNET Group DRC prevalent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether VNET Group DRC is a good investment. Please check the relationship between VNET Group Property Plant And Equipment Net and its Accounts Payable accounts. Check out World Market Map to better understand how to build diversified portfolios, which includes a position in VNET Group DRC. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in income.

Property Plant And Equipment Net vs Accounts Payable

Property Plant And Equipment Net vs Accounts Payable Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of VNET Group DRC Property Plant And Equipment Net account and Accounts Payable. At this time, the significance of the direction appears to have strong relationship.
The correlation between VNET Group's Property Plant And Equipment Net and Accounts Payable is 0.72. Overlapping area represents the amount of variation of Property Plant And Equipment Net that can explain the historical movement of Accounts Payable in the same time period over historical financial statements of VNET Group DRC, assuming nothing else is changed. The correlation between historical values of VNET Group's Property Plant And Equipment Net and Accounts Payable is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Property Plant And Equipment Net of VNET Group DRC are associated (or correlated) with its Accounts Payable. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Accounts Payable has no effect on the direction of Property Plant And Equipment Net i.e., VNET Group's Property Plant And Equipment Net and Accounts Payable go up and down completely randomly.

Correlation Coefficient

0.72
Relationship DirectionPositive 
Relationship StrengthSignificant

Property Plant And Equipment Net

The total value of a company's physical assets (such as land, buildings, and equipment) used in operations, net of depreciation. It reflects the company's investment in assets used for production.

Accounts Payable

An accounting item on the balance sheet that represents VNET Group obligation to pay off a short-term debt to its creditors. The accounts payable entry is usually reported under current liabilities. If accounts payable of VNET Group DRC are not paid within the agreed terms, the payables are considered to be in default, which may trigger a penalty or interest payment, or the revocation of additional credit from the supplier. Accounts payable may also be considered a source of cash, since they represent funds being borrowed from suppliers. Given these cash flow considerations, suppliers have a natural inclination to push for shorter payment terms, while creditors want to lengthen the payment terms. The amount a company owes to suppliers or vendors for products or services received but not yet paid for. It represents the company's short-term liabilities.
Most indicators from VNET Group's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into VNET Group DRC 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 VNET Group DRC. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in income.
Enterprise Value is likely to gain to about 18.9 B in 2024, whereas Selling General Administrative is likely to drop slightly above 471.2 M in 2024.
 2021 2022 2023 2024 (projected)
Interest Expense335.0M273.3M312.2M214.8M
Depreciation And Amortization1.3B1.6B1.8B1.9B

VNET Group fundamental ratios Correlations

0.980.970.950.740.990.970.96-0.970.770.660.990.540.840.020.780.830.960.930.850.990.960.950.840.880.93
0.980.980.950.610.990.940.99-0.970.710.570.980.460.81-0.120.680.740.980.950.781.00.980.930.850.870.92
0.970.980.940.630.990.920.98-0.980.670.550.980.420.78-0.110.690.740.960.940.80.980.970.890.840.840.9
0.950.950.940.580.940.940.94-0.940.660.520.920.430.7-0.140.650.660.880.970.720.960.970.950.970.850.96
0.740.610.630.580.670.710.55-0.690.760.820.730.690.770.440.960.950.620.540.920.620.550.720.440.590.64
0.990.990.990.940.670.950.98-0.980.720.590.990.450.82-0.080.730.790.980.940.830.990.970.920.830.850.92
0.970.940.920.940.710.950.91-0.950.70.670.950.530.76-0.010.770.80.90.940.820.950.930.940.850.810.93
0.960.990.980.940.550.980.91-0.950.680.470.960.370.79-0.160.620.690.970.940.740.990.980.890.850.870.9
-0.97-0.97-0.98-0.94-0.69-0.98-0.95-0.95-0.67-0.64-0.97-0.5-0.770.15-0.77-0.81-0.94-0.96-0.85-0.97-0.97-0.93-0.85-0.79-0.94
0.770.710.670.660.760.720.70.68-0.670.640.770.50.90.450.760.810.750.590.810.730.650.710.520.850.63
0.660.570.550.520.820.590.670.47-0.640.640.630.910.670.260.840.80.580.510.80.570.50.70.390.490.58
0.990.980.980.920.730.990.950.96-0.970.770.630.480.850.050.770.830.980.910.860.980.950.910.80.890.9
0.540.460.420.430.690.450.530.37-0.50.50.910.480.560.190.730.640.460.410.640.460.40.640.360.390.51
0.840.810.780.70.770.820.760.79-0.770.90.670.850.560.270.80.860.860.660.880.810.730.750.550.80.67
0.02-0.12-0.11-0.140.44-0.08-0.01-0.160.150.450.260.050.190.270.270.28-0.02-0.290.2-0.07-0.23-0.06-0.270.24-0.19
0.780.680.690.650.960.730.770.62-0.770.760.840.770.730.80.270.970.670.640.970.680.640.770.520.60.72
0.830.740.740.660.950.790.80.69-0.810.810.80.830.640.860.280.970.760.670.980.740.690.770.50.650.72
0.960.980.960.880.620.980.90.97-0.940.750.580.980.460.86-0.020.670.760.880.790.980.940.870.740.880.85
0.930.950.940.970.540.940.940.94-0.960.590.510.910.410.66-0.290.640.670.880.710.950.990.930.930.780.98
0.850.780.80.720.920.830.820.74-0.850.810.80.860.640.880.20.970.980.790.710.780.730.80.580.680.75
0.991.00.980.960.620.990.950.99-0.970.730.570.980.460.81-0.070.680.740.980.950.780.980.930.870.890.93
0.960.980.970.970.550.970.930.98-0.970.650.50.950.40.73-0.230.640.690.940.990.730.980.930.910.830.96
0.950.930.890.950.720.920.940.89-0.930.710.70.910.640.75-0.060.770.770.870.930.80.930.930.890.820.97
0.840.850.840.970.440.830.850.85-0.850.520.390.80.360.55-0.270.520.50.740.930.580.870.910.890.760.92
0.880.870.840.850.590.850.810.87-0.790.850.490.890.390.80.240.60.650.880.780.680.890.830.820.760.78
0.930.920.90.960.640.920.930.9-0.940.630.580.90.510.67-0.190.720.720.850.980.750.930.960.970.920.78
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VNET Group Account Relationship Matchups

VNET Group fundamental ratios Accounts

201920202021202220232024 (projected)
Total Assets14.3B19.4B23.1B26.9B30.4B31.9B
Short Long Term Debt Total5.7B8.2B11.1B14.8B17.2B18.0B
Other Current Liab1.2B3.1B3.4B3.7B4.5B4.7B
Total Current Liabilities4.5B6.1B5.2B6.3B11.4B12.0B
Total Stockholder Equity5.0B6.6B7.2B6.6B6.0B4.3B
Property Plant And Equipment Net6.7B9.4B13.0B15.5B17.0B17.9B
Current Deferred Revenue1.1B1.1B1.1B1.3B1.7B1.8B
Net Debt3.9B5.5B9.7B12.1B14.9B15.7B
Retained Earnings(4.0B)(7.2B)(7.6B)(8.4B)(11.0B)(10.5B)
Accounts Payable296.3M290.7M500.9M720.0M696.2M368.4M
Cash1.8B2.7B1.4B2.7B2.2B1.6B
Non Current Assets Total9.0B13.3B17.8B19.9B20.6B21.6B
Cash And Short Term Investments2.2B3.0B1.4B2.7B2.6B1.9B
Net Receivables958.8M848.4M1.4B1.8B1.7B870.4M
Common Stock Shares Outstanding111.5M119.5M151.9M147.8M150.2M101.0M
Liabilities And Stockholders Equity14.3B19.4B23.1B26.9B30.4B31.9B
Non Current Liabilities Total4.6B6.4B10.3B13.6B12.4B13.1B
Other Current Assets1.6B2.2B2.5B2.6B5.5B5.7B
Other Stockholder Equity8.9B12.9B14.8B14.8B17.0B8.6B
Total Liab9.0B12.5B15.5B20.0B23.9B25.1B
Property Plant And Equipment Gross6.7B9.4B13.0B15.5B24.6B25.9B
Total Current Assets5.2B6.1B5.3B7.1B9.8B10.3B
Accumulated Other Comprehensive Income138.4M18.9M(16.0M)89.0M66.3M39.4M
Short Term Debt1.9B3.0B1.2B1.9B6.2B6.5B
Intangible Assets643.7M915.9M1.2B2.1B2.0B2.1B
Other Liab956.8M1.1B428.3M772.4M888.3M932.7M
Other Assets577.4M1.8B2.1B748.2M860.4M571.7M
Long Term Debt2.1B3.9B6.5B8.9B6.9B7.2B
Short Term Investments363.9M285.9M68.9M59.7M390.8M313.0M
Property Plant Equipment6.7B9.4B13.0B15.5B17.8B18.7B
Non Currrent Assets Other368.0M1.7B2.0B552.1M781.8M595.5M
Inventory478.9M270.5M327.8M327.7M4.2B4.4B
Net Tangible Assets3.3B3.6B4.7B3.2B3.6B2.8B
Long Term Investments169.7M135.5M98.2M242.2M757.9M795.8M
Short Long Term Debt1.2B2.2B384.2M1.0B5.0B5.2B

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