VOXX Good Will vs Property Plant Equipment Analysis

VOXX Stock  USD 7.74  1.08  16.22%   
VOXX International financial indicator trend analysis is much more than just breaking down VOXX International prevalent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether VOXX International is a good investment. Please check the relationship between VOXX International Good Will and its Property Plant Equipment accounts. Check out World Market Map to better understand how to build diversified portfolios, which includes a position in VOXX International. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in interest.
For more information on how to buy VOXX Stock please use our How to Invest in VOXX International guide.

Good Will vs Property Plant Equipment

Good Will vs Property Plant Equipment Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of VOXX International Good Will account and Property Plant Equipment. At this time, the significance of the direction appears to have very strong relationship.
The correlation between VOXX International's Good Will and Property Plant Equipment is 0.87. Overlapping area represents the amount of variation of Good Will that can explain the historical movement of Property Plant Equipment in the same time period over historical financial statements of VOXX International, assuming nothing else is changed. The correlation between historical values of VOXX International's Good Will and Property Plant Equipment is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Good Will of VOXX International are associated (or correlated) with its Property Plant Equipment. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Property Plant Equipment has no effect on the direction of Good Will i.e., VOXX International's Good Will and Property Plant Equipment go up and down completely randomly.

Correlation Coefficient

0.87
Relationship DirectionPositive 
Relationship StrengthStrong

Good Will

An intangible asset that arises when a company acquires another business for more than the fair market value of its net identifiable assets, representing the value of the brand, customer base, and other intangible factors.

Property Plant Equipment

Most indicators from VOXX International's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into VOXX International 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 VOXX International. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in interest.
For more information on how to buy VOXX Stock please use our How to Invest in VOXX International guide.Enterprise Value is likely to rise to about 312.3 M in 2024, whereas Selling General Administrative is likely to drop slightly above 67.9 M in 2024.
 2021 2022 2023 2024 (projected)
Gross Profit169.5M134.3M114.0M129.0M
Total Revenue635.9M534.0M468.9M687.5M

VOXX International fundamental ratios Correlations

0.660.060.650.880.920.590.860.010.960.570.010.790.760.780.790.360.780.880.290.860.680.940.750.750.48
0.66-0.30.210.320.670.880.43-0.510.770.27-0.510.480.250.890.450.050.290.810.260.330.690.760.370.280.19
0.06-0.30.720.08-0.05-0.21-0.10.02-0.07-0.110.020.080.18-0.170.460.340.150.13-0.020.3-0.24-0.150.310.11-0.07
0.650.210.720.580.490.210.460.030.50.130.030.590.580.340.840.570.590.640.130.80.210.430.840.560.29
0.880.320.080.580.870.170.910.420.790.460.420.580.930.410.720.480.940.550.280.850.440.780.70.890.65
0.920.67-0.050.490.870.470.860.070.950.440.070.540.790.680.70.410.820.730.220.690.560.930.680.740.59
0.590.88-0.210.210.170.470.24-0.70.670.43-0.70.630.10.950.43-0.060.120.850.380.330.670.630.250.170.04
0.860.43-0.10.460.910.860.240.380.840.570.380.590.720.480.550.250.750.560.010.730.610.870.630.670.5
0.01-0.510.020.030.420.07-0.70.38-0.08-0.011.0-0.070.33-0.48-0.140.070.33-0.38-0.330.2-0.07-0.050.090.260.07
0.960.77-0.070.50.790.950.670.84-0.080.61-0.080.690.650.850.680.240.690.870.20.70.760.990.630.630.41
0.570.27-0.110.130.460.440.430.57-0.010.61-0.010.570.210.550.22-0.250.230.50.010.380.650.630.070.20.02
0.01-0.510.020.030.420.07-0.70.381.0-0.08-0.01-0.070.33-0.48-0.140.070.33-0.38-0.330.2-0.07-0.050.090.260.08
0.790.480.080.590.580.540.630.59-0.070.690.57-0.070.410.730.570.090.430.810.260.830.60.640.580.480.19
0.760.250.180.580.930.790.10.720.330.650.210.330.410.290.810.691.00.450.50.80.190.610.70.980.77
0.780.89-0.170.340.410.680.950.48-0.480.850.55-0.480.730.290.510.020.320.940.280.50.780.810.410.320.11
0.790.450.460.840.720.70.430.55-0.140.680.22-0.140.570.810.510.680.80.730.560.840.270.610.790.820.61
0.360.050.340.570.480.41-0.060.250.070.24-0.250.070.090.690.020.680.670.230.40.51-0.330.160.740.670.7
0.780.290.150.590.940.820.120.750.330.690.230.330.431.00.320.80.670.470.470.80.240.650.720.970.76
0.880.810.130.640.550.730.850.56-0.380.870.5-0.380.810.450.940.730.230.470.280.70.710.820.640.460.2
0.290.26-0.020.130.280.220.380.01-0.330.20.01-0.330.260.50.280.560.40.470.280.4-0.060.140.140.620.58
0.860.330.30.80.850.690.330.730.20.70.380.20.830.80.50.840.510.80.70.40.390.640.810.830.53
0.680.69-0.240.210.440.560.670.61-0.070.760.65-0.070.60.190.780.27-0.330.240.71-0.060.390.790.20.19-0.17
0.940.76-0.150.430.780.930.630.87-0.050.990.63-0.050.640.610.810.610.160.650.820.140.640.790.570.580.39
0.750.370.310.840.70.680.250.630.090.630.070.090.580.70.410.790.740.720.640.140.810.20.570.690.57
0.750.280.110.560.890.740.170.670.260.630.20.260.480.980.320.820.670.970.460.620.830.190.580.690.81
0.480.19-0.070.290.650.590.040.50.070.410.020.080.190.770.110.610.70.760.20.580.53-0.170.390.570.81
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VOXX International Account Relationship Matchups

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