Vecima Networks Stock Current Liabilities

VCM Stock  CAD 16.85  0.25  1.46%   
Vecima Networks fundamentals help investors to digest information that contributes to Vecima Networks' financial success or failures. It also enables traders to predict the movement of Vecima Stock. The fundamental analysis module provides a way to measure Vecima Networks' intrinsic value by examining its available economic and financial indicators, including the cash flow records, the balance sheet account changes, the income statement patterns, and various microeconomic indicators and financial ratios related to Vecima Networks stock.
At this time, Vecima Networks' Non Current Liabilities Total is very stable compared to the past year. As of the 11th of December 2024, Total Current Liabilities is likely to grow to about 139.4 M, while Non Current Liabilities Other is likely to drop about 682.4 K.
  
This module does not cover all equities due to inconsistencies in global equity categorizations. Continue to Equity Screeners to view more equity screening tools.

Vecima Networks Company Current Liabilities Analysis

Vecima Networks' Current Liabilities is the company's short term debt. This usually includes obligations that are due within the next 12 months or within one fiscal year. Current liabilities are very important in analyzing a company's financial health as it requires the company to convert some of its current assets into cash.

Current Liabilities

 = 

Payables

+

Accrued Debt

More About Current Liabilities | All Equity Analysis

Vecima Current Liabilities Driver Correlations

Understanding the fundamental principles of building solid financial models for Vecima Networks is extremely important. It helps to project a fair market value of Vecima Stock properly, considering its historical fundamentals such as Current Liabilities. Since Vecima Networks' main accounts across its financial reports are all linked and dependent on each other, it is essential to analyze all possible correlations between related accounts. However, instead of reviewing all of Vecima Networks' historical financial statements, investors can examine the correlated drivers to determine its overall health. This can be effectively done using a conventional correlation matrix of Vecima Networks' interrelated accounts and indicators.
Current liabilities appear on the company's balance sheet and include all short term debt accounts, accounts and notes payable, accrued liabilities as well as current payments due on the long-term loans. One of the most useful applications of Current Liabilities is the current ratio which is defined as current assets divided by its current liabilities. High current ratios mean that current assets are more than sufficient to pay off current liabilities.
Competition

Vecima Liabilities And Stockholders Equity

Liabilities And Stockholders Equity

407.21 Million

At this time, Vecima Networks' Liabilities And Stockholders Equity is very stable compared to the past year.
In accordance with the recently published financial statements, Vecima Networks has a Current Liabilities of 0.0. This is 100.0% lower than that of the Communications Equipment sector and 100.0% lower than that of the Information Technology industry. The current liabilities for all Canada stocks is 100.0% higher than that of the company.

Vecima Current Liabilities Peer Comparison

Stock peer comparison is one of the most widely used and accepted methods of equity analyses. It analyses Vecima Networks' direct or indirect competition against its Current Liabilities to detect undervalued stocks with similar characteristics or determine the stocks which would be a good addition to a portfolio. Peer analysis of Vecima Networks could also be used in its relative valuation, which is a method of valuing Vecima Networks by comparing valuation metrics of similar companies.
Vecima Networks is currently under evaluation in current liabilities category among its peers.

Vecima Networks Current Valuation Drivers

We derive many important indicators used in calculating different scores of Vecima Networks from analyzing Vecima Networks' financial statements. These drivers represent accounts that assess Vecima Networks' ability to generate profits relative to its revenue, operating costs, and shareholders' equity. Below are some of Vecima Networks' important valuation drivers and their relationship over time.
201920202021202220232024 (projected)
Market Cap234.2M369.7M375.0M416.2M507.8M533.2M
Enterprise Value223.2M346.5M379.0M450.8M575.2M604.0M

Vecima Fundamentals

About Vecima Networks Fundamental Analysis

The Macroaxis Fundamental Analysis modules help investors analyze Vecima Networks's financials across various querterly and yearly statements, indicators and fundamental ratios. We help investors to determine the real value of Vecima Networks using virtually all public information available. We use both quantitative as well as qualitative analysis to arrive at the intrinsic value of Vecima Networks based on its fundamental data. In general, a quantitative approach, as applied to this company, focuses on analyzing financial statements comparatively, whereas a qaualitative method uses data that is important to a company's growth but cannot be measured and presented in a numerical way.
Please read more on our fundamental analysis page.

Pair Trading with Vecima Networks

One of the main advantages of trading using pair correlations is that every trade hedges away some risk. Because there are two separate transactions required, even if Vecima Networks position performs unexpectedly, the other equity can make up some of the losses. Pair trading also minimizes risk from directional movements in the market. For example, if an entire industry or sector drops because of unexpected headlines, the short position in Vecima Networks will appreciate offsetting losses from the drop in the long position's value.

Moving together with Vecima Stock

  0.76RCI-A Rogers CommunicationsPairCorr
  0.88ARA Aclara ResourcesPairCorr

Moving against Vecima Stock

  0.82BUI Buhler IndustriesPairCorr
The ability to find closely correlated positions to Vecima Networks could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Vecima Networks when you sell it. If you don't do this, your portfolio allocation will be skewed against your target asset allocation. So, investors can't just sell and buy back Vecima Networks - that would be a violation of the tax code under the "wash sale" rule, and this is why you need to find a similar enough asset and use the proceeds from selling Vecima Networks to buy it.
The correlation of Vecima Networks is a statistical measure of how it moves in relation to other instruments. This measure is expressed in what is known as the correlation coefficient, which ranges between -1 and +1. A perfect positive correlation (i.e., a correlation coefficient of +1) implies that as Vecima Networks moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Vecima Networks moves in either direction, the perfectly negatively correlated security will move in the opposite direction. If the correlation is 0, the equities are not correlated; they are entirely random. A correlation greater than 0.8 is generally described as strong, whereas a correlation less than 0.5 is generally considered weak.
Correlation analysis and pair trading evaluation for Vecima Networks can also be used as hedging techniques within a particular sector or industry or even over random equities to generate a better risk-adjusted return on your portfolios.
Pair CorrelationCorrelation Matching

Other Information on Investing in Vecima Stock

Vecima Networks financial ratios help investors to determine whether Vecima Stock is cheap or expensive when compared to a particular measure, such as profits or enterprise value. In other words, they help investors to determine the cost of investment in Vecima with respect to the benefits of owning Vecima Networks security.