Vodafone Retained Earnings vs Non Currrent Assets Other Analysis
VOD Stock | USD 8.77 0.09 1.04% |
Vodafone Group financial indicator trend analysis is much more than just breaking down Vodafone Group PLC prevalent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Vodafone Group PLC is a good investment. Please check the relationship between Vodafone Group Retained Earnings and its Non Currrent Assets Other accounts. Check out World Market Map to better understand how to build diversified portfolios, which includes a position in Vodafone Group PLC. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in persons.
Retained Earnings vs Non Currrent Assets Other
Retained Earnings vs Non Currrent Assets Other Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Vodafone Group PLC Retained Earnings account and Non Currrent Assets Other. At this time, the significance of the direction appears to have no relationship.
The correlation between Vodafone Group's Retained Earnings and Non Currrent Assets Other is 0.07. Overlapping area represents the amount of variation of Retained Earnings that can explain the historical movement of Non Currrent Assets Other in the same time period over historical financial statements of Vodafone Group PLC, assuming nothing else is changed. The correlation between historical values of Vodafone Group's Retained Earnings and Non Currrent Assets Other is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Retained Earnings of Vodafone Group PLC are associated (or correlated) with its Non Currrent Assets Other. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Non Currrent Assets Other has no effect on the direction of Retained Earnings i.e., Vodafone Group's Retained Earnings and Non Currrent Assets Other go up and down completely randomly.
Correlation Coefficient | 0.07 |
Relationship Direction | Positive |
Relationship Strength | Insignificant |
Retained Earnings
The cumulative amount of net income that a company retains for reinvestment in its operations, rather than distributing it to shareholders as dividends.Non Currrent Assets Other
Assets that are not physical or tangible, expected to provide value for more than one year, and not easily converted into cash, such as long-term investments or patents.Most indicators from Vodafone Group's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Vodafone Group PLC 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 Vodafone Group PLC. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in persons. At present, Vodafone Group's Enterprise Value is projected to increase significantly based on the last few years of reporting.
2021 | 2022 | 2023 | 2024 (projected) | Interest Expense | 2.0B | 1.7B | 2.7B | 2.9B | Depreciation And Amortization | 14.0B | 10.1B | 10.4B | 8.0B |
Vodafone Group fundamental ratios Correlations
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Vodafone Group Account Relationship Matchups
High Positive Relationship
High Negative Relationship
Vodafone Group fundamental ratios Accounts
2019 | 2020 | 2021 | 2022 | 2023 | 2024 (projected) | ||
Total Assets | 168.2B | 155.1B | 154.0B | 155.5B | 144.4B | 128.4B | |
Common Stock Shares Outstanding | 2.9B | 3.0B | 2.9B | 2.8B | 2.7B | 2.3B | |
Short Long Term Debt Total | 74.7B | 67.8B | 70.1B | 66.4B | 57.0B | 30.5B | |
Other Current Liab | 2.6B | 13.7B | 16.4B | 16.7B | 7.4B | 11.9B | |
Total Current Liabilities | 33.5B | 28.7B | 37.2B | 37.5B | 23.3B | 22.7B | |
Total Stockholder Equity | 61.4B | 55.8B | (129.7B) | (117.5B) | 60.0B | 63.0B | |
Net Debt | 61.4B | 61.9B | 61.8B | 53.7B | 50.8B | 53.4B | |
Retained Earnings | (120.3B) | (121.6B) | (135.0B) | (122.7B) | (114.7B) | (108.9B) | |
Cash | 13.3B | 5.8B | 8.3B | 12.7B | 6.2B | 5.3B | |
Non Current Assets Total | 133.9B | 126.8B | 111.1B | 105.6B | 125.0B | 111.2B | |
Non Currrent Assets Other | 18.1B | 14.0B | (19.1B) | (19.3B) | 20.7B | 21.8B | |
Cash And Short Term Investments | 20.4B | 15.0B | 16.3B | 20.0B | 11.3B | 8.8B | |
Net Receivables | 9.5B | 8.9B | 9.1B | 8.7B | 6.9B | 6.6B | |
Liabilities And Stockholders Equity | 168.2B | 155.1B | 154.0B | 155.5B | 144.4B | 131.8B | |
Non Current Liabilities Total | 72.0B | 68.5B | 55.1B | 46.1B | 60.1B | 63.1B | |
Inventory | 585M | 676M | 924.9M | 1.0B | 568.1M | 462.4M | |
Other Current Assets | 859.0M | 15.7B | 12.0B | 11.2B | 600.1M | 570.1M | |
Other Stockholder Equity | 144.8B | 172.6B | (12.5B) | (9.2B) | 141.6B | 97.0B | |
Total Liab | 105.5B | 97.2B | 107.3B | 98.8B | 83.4B | 54.0B | |
Total Current Assets | 34.3B | 28.3B | 30.5B | 33.3B | 19.3B | 19.0B | |
Accumulated Other Comprehensive Income | 32.1B | 28.0B | 30.4B | 30.3B | 28.2B | 32.9B | |
Property Plant And Equipment Net | 39.2B | 41.2B | 45.1B | 41.2B | 28.5B | 22.6B | |
Accounts Payable | 17.1B | 6.7B | 7.3B | 7.6B | 5.6B | 7.1B | |
Other Assets | 34.6B | 26.4B | 12.3B | 16.6B | (20.2B) | (19.2B) | |
Short Term Investments | 7.1B | 9.2B | 8.0B | 7.4B | 5.1B | 5.6B | |
Property Plant And Equipment Gross | 39.2B | 41.2B | 93.7B | 88.6B | 68.9B | 72.3B | |
Current Deferred Revenue | 2.0B | 2.0B | 2.0B | 2.0B | 1.6B | 1.6B | |
Short Term Debt | 11.8B | 7.5B | 9.0B | 9.8B | 8.7B | 6.3B | |
Intangible Assets | 22.3B | 21.8B | 23.6B | 21.3B | 13.9B | 13.2B | |
Other Liab | 5.0B | 9.3B | 3.5B | 3.7B | 4.2B | 5.0B | |
Long Term Debt | 53.8B | 49.4B | 48.3B | 41.4B | 40.9B | 42.0B | |
Good Will | 31.3B | 31.7B | 35.3B | 30.0B | 25.0B | 44.9B | |
Property Plant Equipment | 39.2B | 41.2B | 40.8B | 38.0B | 43.7B | 36.9B | |
Net Tangible Assets | 7.9B | 2.3B | 1.4B | 16.2B | 14.6B | 18.2B | |
Deferred Long Term Liab | 628M | 580M | 630M | 690M | 621M | 590.0M | |
Short Long Term Debt | 8.8B | 4.4B | 6.3B | 6.8B | 3.8B | 3.6B |
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Analyzing currently trending equities could be an opportunity to develop a better portfolio based on different market momentums that they can trigger. Utilizing the top trending stocks is also useful when creating a market-neutral strategy or pair trading technique involving a short or a long position in a currently trending equity.When determining whether Vodafone Group PLC is a strong investment it is important to analyze Vodafone Group's competitive position within its industry, examining market share, product or service uniqueness, and competitive advantages. Beyond financials and market position, potential investors should also consider broader economic conditions, industry trends, and any regulatory or geopolitical factors that may impact Vodafone Group's future performance. For an informed investment choice regarding Vodafone Stock, refer to the following important reports:Check out World Market Map to better understand how to build diversified portfolios, which includes a position in Vodafone Group PLC. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in persons. You can also try the Premium Stories module to follow Macroaxis premium stories from verified contributors across different equity types, categories and coverage scope.
Is Wireless Telecommunication Services 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 Vodafone Group. If investors know Vodafone 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 Vodafone Group listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Quarterly Earnings Growth 8.21 | Dividend Share 0.068 | Earnings Share 0.93 | Revenue Per Share 6.88 | Quarterly Revenue Growth 0.016 |
The market value of Vodafone Group PLC is measured differently than its book value, which is the value of Vodafone that is recorded on the company's balance sheet. Investors also form their own opinion of Vodafone Group's value that differs from its market value or its book value, called intrinsic value, which is Vodafone Group'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 Vodafone Group's market value can be influenced by many factors that don't directly affect Vodafone Group'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 Vodafone Group's value and its price as these two are different measures arrived at by different means. Investors typically determine if Vodafone Group is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Vodafone Group'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.