VirnetX Financial Statements From 2010 to 2024

VHC Stock  USD 5.41  0.13  2.35%   
VirnetX Holding financial statements provide useful quarterly and yearly information to potential VirnetX Holding Corp investors about the company's current and past financial position, as well as its overall management performance and changes in financial position over time. Historical trend examination of various income statement and balance sheet accounts found on VirnetX Holding financial statements helps investors assess VirnetX Holding's valuation, profitability, and current liquidity needs. Key fundamental drivers impacting VirnetX Holding's valuation are summarized below:
Gross Profit
35 K
Market Capitalization
17.9 M
Enterprise Value Revenue
478.1096
Revenue
K
Earnings Share
(5.32)
We have found one hundred twenty available fundamental trend indicators for VirnetX Holding Corp, which can be analyzed and compared to other ratios and to its competition. Investors should ensure to double-check all of VirnetX Holding's current performance against the performance from 2010 to 2024 to make sure the company is sustainable down the road. As of November 30, 2024, Market Cap is expected to decline to about 115.1 M. In addition to that, Enterprise Value is expected to decline to about 107.6 M

VirnetX Holding Total Revenue

6,650

Check VirnetX Holding financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among VirnetX Holding's main balance sheet or income statement drivers, such as Depreciation And Amortization of 8.6 K, Interest Expense of 2 M or Total Revenue of 6.7 K, as well as many indicators such as Price To Sales Ratio of 1.7 K, Dividend Yield of 2.69 or PTB Ratio of 0.42. VirnetX financial statements analysis is a perfect complement when working with VirnetX Holding Valuation or Volatility modules.
  
Check out the analysis of VirnetX Holding Correlation against competitors.

VirnetX Holding Balance Sheet

Current ValueLast YearHistorical Average 10 Year Trend
Total Assets43.4 M60.4 M64.7 M
Slightly volatile
Other Current Liabilities773.3 K814 K2.3 M
Very volatile
Total Current Liabilities1.2 M1.3 M4.3 M
Slightly volatile
Total Stockholder Equity39 M56 M59.5 M
Slightly volatile
Property Plant And Equipment Net70.3 K67 K42.2 K
Slightly volatile
Accounts Payable418 K440 K1.3 M
Slightly volatile
Cash26.8 M26.3 M40.7 M
Slightly volatile
Non Current Assets Total6.9 M6.6 M3.9 M
Slightly volatile
Cash And Short Term Investments37.6 M53.5 M58.6 M
Slightly volatile
Net Receivables1.9 KK26.4 K
Slightly volatile
Common Stock Shares Outstanding3.4 M3.6 M6.1 M
Slightly volatile
Liabilities And Stockholders Equity43.4 M60.4 M64.7 M
Slightly volatile
Non Current Liabilities Total3.3 M3.1 M1.4 M
Very volatile
Other Current Assets267.9 K282 K1.2 M
Slightly volatile
Other Stockholder Equity254.6 M242.5 M173.9 M
Slightly volatile
Total Liabilities4.4 M4.4 M5.1 M
Pretty Stable
Property Plant And Equipment Gross246.8 K235 K86 K
Slightly volatile
Total Current Assets41.1 M53.8 M61 M
Slightly volatile
Common Stock Total Equity5.7 K8.1 KK
Slightly volatile
Common Stock5.8 K8.1 KK
Slightly volatile
Short Term Investments22 M27.3 M18.6 M
Slightly volatile
Property Plant Equipment12 K12.7 K112.1 K
Pretty Stable
Short and Long Term Debt Total50.3 K52.9 K44.6 K
Slightly volatile
Net Tangible Assets227.9 M217.1 M87.9 M
Slightly volatile
Capital Surpluse206 M275.7 M182.2 M
Slightly volatile
Other Liabilities37.6 K39.6 K529.1 K
Slightly volatile
Short and Long Term Debt256 K288 K313.6 K
Slightly volatile
Cash And Equivalents69.5 M99.5 M43.4 M
Slightly volatile
Net Invested Capital100.3 M56 M50 M
Slightly volatile
Net Working Capital94.2 M52.6 M46.6 M
Slightly volatile

VirnetX Holding Income Statement

Current ValueLast YearHistorical Average 10 Year Trend
Depreciation And Amortization8.6 KK29.2 K
Slightly volatile
Total Revenue6.7 KK20.9 M
Pretty Stable
Other Operating Expenses27.4 M31.5 M35.1 M
Pretty Stable
Research Development10.2 M9.7 M4.3 M
Slightly volatile
Total Operating Expenses33 M31.5 M28.7 M
Slightly volatile
Selling General Administrative16.5 M21.7 M21.5 M
Very volatile
Interest Income3.7 M3.9 M7.9 M
Pretty Stable
Net Interest Income3.7 M3.9 M7.9 M
Pretty Stable
Reconciled Depreciation8.5 K6.3 K17.6 K
Slightly volatile

VirnetX Holding Cash Flow Statement

Current ValueLast YearHistorical Average 10 Year Trend
Begin Period Cash Flow90.9 M86.6 M45.6 M
Slightly volatile
Depreciation8.6 KK29.2 K
Slightly volatile
Capital Expenditures68.2 K65 K30.8 K
Pretty Stable
End Period Cash Flow26.8 M26.3 M40.7 M
Slightly volatile
Stock Based Compensation2.6 M2.8 M4.5 M
Slightly volatile

Financial Ratios

Current ValueLast YearHistorical Average 10 Year Trend
Price To Sales Ratio1.7 K1.7 K84.7 K
Slightly volatile
Dividend Yield2.692.570.8632
Slightly volatile
PTB Ratio0.420.4473199
Slightly volatile
Days Sales Outstanding11010456.0603
Slightly volatile
Book Value Per Share16.4315.650516.9932
Slightly volatile
Average Payables2.4 M2.2 M2.3 M
Slightly volatile
Stock Based Compensation To Revenue738397112
Slightly volatile
Capex To Depreciation7.587.22222.4472
Slightly volatile
PB Ratio0.420.4473199
Slightly volatile
Inventory Turnover33.8835.6774.7067
Slightly volatile
Sales General And Administrative To Revenue12.7513.4224.3841
Slightly volatile
Average Inventory0.430.45974.1 K
Pretty Stable
Research And Ddevelopement To Revenue1.5 K1.4 K223
Slightly volatile
Capex To Revenue9.759.28571.5409
Slightly volatile
Cash Per Share15.7114.961416.873
Slightly volatile
Intangibles To Total Assets2.0E-42.0E-40.002
Slightly volatile
Current Ratio45.0742.927435.9104
Slightly volatile
Tangible Book Value Per Share16.4315.650516.9928
Slightly volatile
Receivables Turnover3.333.55.1 K
Pretty Stable
Graham Number27.7552.366160.6949
Slightly volatile
Shareholders Equity Per Share16.4315.650516.9932
Slightly volatile
Debt To Equity0.02380.02670.0291
Slightly volatile
Capex Per Share0.01450.01820.0119
Slightly volatile
Average Receivables1.5 K1.5 K50.5 K
Slightly volatile
Revenue Per Share0.00190.0026.0523
Pretty Stable
Interest Debt Per Share0.01140.01090.0112
Slightly volatile
Debt To Assets0.02180.02440.0266
Slightly volatile
Price Book Value Ratio0.420.4473199
Slightly volatile
Ebt Per Ebit0.840.88891.0676
Pretty Stable
Company Equity Multiplier1.021.07851.4289
Very volatile
Long Term Debt To Capitalization0.01870.02110.023
Slightly volatile
Total Debt To Capitalization0.0230.02590.0282
Slightly volatile
Debt Equity Ratio0.02380.02670.0291
Slightly volatile
Quick Ratio45.0742.927435.8917
Slightly volatile
Net Income Per E B T0.720.99720.9678
Slightly volatile
Cash Ratio11.0520.964122.249
Slightly volatile
Days Of Sales Outstanding11010456.0603
Slightly volatile
Free Cash Flow Operating Cash Flow Ratio1.111.00261.0237
Pretty Stable
Price To Book Ratio0.420.4473199
Slightly volatile
Fixed Asset Turnover0.09930.10451.8 K
Pretty Stable
Debt Ratio0.02180.02440.0266
Slightly volatile
Price Sales Ratio1.7 K1.7 K84.7 K
Slightly volatile
Asset Turnover1.0E-41.0E-40.3954
Slightly volatile
Price Fair Value0.420.4473199
Slightly volatile
Operating Cycle59.9895.9240.0896
Slightly volatile

VirnetX Holding Valuation Data

Current ValueLast YearHistorical Average 10 Year Trend
Market Cap115.1 M121.2 M1.9 B
Slightly volatile
Enterprise Value107.6 M113.3 M1.9 B
Slightly volatile

VirnetX Fundamental Market Drivers

Cash And Short Term Investments53.5 M

VirnetX Upcoming Events

2nd of January 2024
Upcoming Quarterly Report
View
30th of September 2023
Next Fiscal Quarter End
View

About VirnetX Holding Financial Statements

VirnetX Holding stakeholders use historical fundamental indicators, such as VirnetX Holding's revenue or net income, to determine how well the company is positioned to perform in the future. Although VirnetX Holding investors may analyze each financial statement separately, they are all interrelated. For example, changes in VirnetX Holding's assets and liabilities are reflected in the revenues and expenses on VirnetX Holding's income statement, which ultimately affect the company's gains or losses. Understanding these patterns can help in making the right long-term investment decisions in VirnetX Holding Corp. Please read more on our technical analysis and fundamental analysis pages.
Last ReportedProjected for Next Year
Current Deferred Revenue1.7 M1.8 M
Total RevenueK6.7 K
Cost Of RevenueK8.6 K
Stock Based Compensation To Revenue 396.86  737.66 
Sales General And Administrative To Revenue 13.42  12.75 
Research And Ddevelopement To Revenue1.4 K1.5 K
Capex To Revenue 9.29  9.75 
Ebit Per Revenue-4.5 K-4.3 K

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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 VirnetX Holding Corp offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of VirnetX Holding's financial statements, including income statements, balance sheets, and cash flow statements, to assess its financial health. Key financial ratios are used to gauge profitability, efficiency, and growth potential of Virnetx Holding Corp Stock. Outlined below are crucial reports that will aid in making a well-informed decision on Virnetx Holding Corp Stock:
Check out the analysis of VirnetX Holding Correlation against competitors.
You can also try the Global Correlations module to find global opportunities by holding instruments from different markets.
Is Application Software 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 VirnetX Holding. If investors know VirnetX 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 VirnetX Holding listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Earnings Share
(5.32)
Revenue Per Share
0.002
Quarterly Revenue Growth
(0.50)
Return On Assets
(0.23)
Return On Equity
(0.35)
The market value of VirnetX Holding Corp is measured differently than its book value, which is the value of VirnetX that is recorded on the company's balance sheet. Investors also form their own opinion of VirnetX Holding's value that differs from its market value or its book value, called intrinsic value, which is VirnetX Holding'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 VirnetX Holding's market value can be influenced by many factors that don't directly affect VirnetX Holding'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 VirnetX Holding's value and its price as these two are different measures arrived at by different means. Investors typically determine if VirnetX Holding is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, VirnetX Holding'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.