National Shareholders Equity vs Goodwill and Intangible Assets Analysis

National Vision financial indicator trend analysis is infinitely more than just investigating National Vision Holdings recent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether National Vision Holdings is a good investment. Please check the relationship between National Vision Shareholders Equity and its Goodwill and Intangible Assets accounts. Check out Investing Opportunities.

Shareholders Equity vs Goodwill and Intangible Assets

Shareholders Equity vs Goodwill and Intangible Assets Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of National Vision Holdings Shareholders Equity account and Goodwill and Intangible Assets. At this time, the significance of the direction appears to have pay attention.
The correlation between National Vision's Shareholders Equity and Goodwill and Intangible Assets is -0.81. Overlapping area represents the amount of variation of Shareholders Equity that can explain the historical movement of Goodwill and Intangible Assets in the same time period over historical financial statements of National Vision Holdings, assuming nothing else is changed. The correlation between historical values of National Vision's Shareholders Equity and Goodwill and Intangible Assets is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Shareholders Equity of National Vision Holdings are associated (or correlated) with its Goodwill and Intangible Assets. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Goodwill and Intangible Assets has no effect on the direction of Shareholders Equity i.e., National Vision's Shareholders Equity and Goodwill and Intangible Assets go up and down completely randomly.

Correlation Coefficient

-0.81
Relationship DirectionNegative 
Relationship StrengthSignificant

Shareholders Equity

A principal component of the balance sheet; in addition to Total Liabilities and Total Assets; that represents the total of all stockholders' equity (deficit) items; net of receivables from officers; directors; owners; and affiliates of the entity which are attributable to the parent.

Goodwill and Intangible Assets

A component of Total Assets representing the carrying amounts of all intangible assets and goodwill as of the balance sheet date; net of accumulated amortization and impairment charges.
Most indicators from National Vision fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into National Vision Holdings 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 Investing Opportunities.National Vision Enterprise Value over EBITDA is projected to increase slightly based on the last few years of reporting. The past year's Enterprise Value over EBITDA was at 16.69
 2010 2016 2022 (projected)
Consolidated Income128.24 M13.34 M74.52 M
Direct Expenses904.78 M544.78 M762.93 M

National Vision fundamental ratios Correlations

1.01.01.01.01.00.991.00.991.00.631.0-0.761.00.991.00.921.01.01.0-0.96
1.01.01.01.01.01.01.01.00.990.61.0-0.781.00.991.00.911.01.01.0-0.97
1.01.01.01.01.01.01.01.00.990.61.0-0.781.00.991.00.911.01.01.0-0.97
1.01.01.01.01.01.01.01.00.990.621.0-0.771.00.991.00.921.01.01.0-0.97
1.01.01.01.00.991.00.991.00.980.561.0-0.821.00.981.00.881.01.01.0-0.98
1.01.01.01.00.990.991.00.991.00.680.99-0.721.01.00.990.940.990.991.0-0.94
0.991.01.01.01.00.990.991.00.980.541.0-0.830.990.971.00.881.01.01.0-0.99
1.01.01.01.00.991.00.990.991.00.670.99-0.731.01.01.00.941.00.991.0-0.95
0.991.01.01.01.00.991.00.990.980.551.0-0.820.990.971.00.881.01.01.0-0.99
1.00.990.990.990.981.00.981.00.980.710.98-0.691.01.00.990.960.990.980.99-0.93
0.630.60.60.620.560.680.540.670.550.710.570.030.630.720.590.880.60.560.6-0.39
1.01.01.01.01.00.991.00.991.00.980.57-0.811.00.981.00.891.01.01.0-0.98
-0.76-0.78-0.78-0.77-0.82-0.72-0.83-0.73-0.82-0.690.03-0.81-0.76-0.67-0.79-0.45-0.79-0.81-0.780.91
1.01.01.01.01.01.00.991.00.991.00.631.0-0.760.991.00.921.01.01.0-0.96
0.990.990.990.990.981.00.971.00.971.00.720.98-0.670.990.990.960.990.980.99-0.92
1.01.01.01.01.00.991.01.01.00.990.591.0-0.791.00.990.91.01.01.0-0.97
0.920.910.910.920.880.940.880.940.880.960.880.89-0.450.920.960.90.910.890.91-0.78
1.01.01.01.01.00.991.01.01.00.990.61.0-0.791.00.991.00.911.01.0-0.97
1.01.01.01.01.00.991.00.991.00.980.561.0-0.811.00.981.00.891.01.0-0.98
1.01.01.01.01.01.01.01.01.00.990.61.0-0.781.00.991.00.911.01.0-0.97
-0.96-0.97-0.97-0.97-0.98-0.94-0.99-0.95-0.99-0.93-0.39-0.980.91-0.96-0.92-0.97-0.78-0.97-0.98-0.97
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National Vision Account Relationship Matchups

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