Virax Net Debt from 2010 to 2024

VRAX Stock  USD 1.97  0.10  4.83%   
Virax Biolabs Net Debt yearly trend continues to be fairly stable with very little volatility. Net Debt will likely drop to about -3.5 M in 2024. Net Debt is the total debt of Virax Biolabs Group minus its cash and cash equivalents. It represents the actual debt burden on the company after accounting for the liquid assets it holds. View All Fundamentals
 
Net Debt  
First Reported
2010-12-31
Previous Quarter
-3.4 M
Current Value
-3.5 M
Quarterly Volatility
2.8 M
 
Credit Downgrade
 
Yuan Drop
 
Covid
Check Virax Biolabs financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among Virax Biolabs' main balance sheet or income statement drivers, such as Tax Provision of 0.0, Depreciation And Amortization of 97.9 K or Interest Expense of 28.3 K, as well as many indicators such as Price To Sales Ratio of 8.96, Dividend Yield of 0.0 or PTB Ratio of 0.29. Virax financial statements analysis is a perfect complement when working with Virax Biolabs Valuation or Volatility modules.
  
Check out the analysis of Virax Biolabs Correlation against competitors.

Latest Virax Biolabs' Net Debt Growth Pattern

Below is the plot of the Net Debt of Virax Biolabs Group over the last few years. It is the total debt of a company minus its cash and cash equivalents. It represents the actual debt burden on the company after accounting for the liquid assets it holds. Virax Biolabs' Net Debt historical data analysis aims to capture in quantitative terms the overall pattern of either growth or decline in Virax Biolabs' overall financial position and show how it may be relating to other accounts over time.
Net Debt10 Years Trend
Slightly volatile
   Net Debt   
       Timeline  

Virax Net Debt Regression Statistics

Arithmetic Mean(572,863)
Geometric Mean755,887
Coefficient Of Variation(487.29)
Mean Deviation1,918,111
Median736,761
Standard Deviation2,791,494
Sample Variance7.8T
Range9.9M
R-Value(0.62)
Mean Square Error5.1T
R-Squared0.39
Significance0.01
Slope(389,139)
Total Sum of Squares109.1T

Virax Net Debt History

2024-3.5 M
2023-3.4 M
2022-9.2 M
2021-18 K
2020161.9 K

Other Fundumenentals of Virax Biolabs Group

Virax Biolabs Net Debt component correlations

0.970.860.7-0.98-0.76-0.32-0.630.971.00.731.0-0.620.730.85-0.38-0.47
0.970.950.77-0.97-0.86-0.37-0.771.00.960.850.97-0.690.850.9-0.58-0.6
0.860.950.78-0.85-0.97-0.43-0.910.950.830.950.86-0.720.950.96-0.79-0.81
0.70.770.78-0.74-0.810.12-0.780.760.680.860.7-0.990.860.74-0.57-0.6
-0.98-0.97-0.85-0.740.740.250.62-0.97-0.99-0.73-0.990.66-0.73-0.790.40.41
-0.76-0.86-0.97-0.810.740.330.94-0.86-0.71-0.99-0.750.77-0.99-0.960.850.9
-0.32-0.37-0.430.120.250.330.45-0.37-0.3-0.21-0.32-0.18-0.21-0.420.390.41
-0.63-0.77-0.91-0.780.620.940.45-0.76-0.58-0.92-0.630.76-0.92-0.890.880.91
0.971.00.950.76-0.97-0.86-0.37-0.760.960.840.97-0.690.840.89-0.58-0.59
1.00.960.830.68-0.99-0.71-0.3-0.580.960.691.0-0.590.690.8-0.34-0.4
0.730.850.950.86-0.73-0.99-0.21-0.920.840.690.73-0.831.00.93-0.85-0.87
1.00.970.860.7-0.99-0.75-0.32-0.630.971.00.73-0.620.730.84-0.37-0.46
-0.62-0.69-0.72-0.990.660.77-0.180.76-0.69-0.59-0.83-0.62-0.83-0.690.560.58
0.730.850.950.86-0.73-0.99-0.21-0.920.840.691.00.73-0.830.93-0.85-0.87
0.850.90.960.74-0.79-0.96-0.42-0.890.890.80.930.84-0.690.93-0.71-0.87
-0.38-0.58-0.79-0.570.40.850.390.88-0.58-0.34-0.85-0.370.56-0.85-0.710.85
-0.47-0.6-0.81-0.60.410.90.410.91-0.59-0.4-0.87-0.460.58-0.87-0.870.85
Click cells to compare fundamentals

About Virax Biolabs Financial Statements

Virax Biolabs investors use historical fundamental indicators, such as Virax Biolabs' Net Debt, to determine how well the company is positioned to perform in the future. Understanding over-time patterns can help investors decide on long-term investments in Virax Biolabs. Please read more on our technical analysis and fundamental analysis pages.
Last ReportedProjected for Next Year
Net Debt-3.4 M-3.5 M
Net Debt To EBITDA 0.51  0.48 

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When running Virax Biolabs' price analysis, check to measure Virax Biolabs' market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy Virax Biolabs is operating at the current time. Most of Virax Biolabs' value examination focuses on studying past and present price action to predict the probability of Virax Biolabs' future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Virax Biolabs' price. Additionally, you may evaluate how the addition of Virax Biolabs to your portfolios can decrease your overall portfolio volatility.