Viant Asset Turnover vs Total Current Liabilities Analysis

DSP Stock

USD 20.35 0.62 2.96%

Viant Technology financial indicator trend analysis is much more than just breaking down Viant Technology prevalent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Viant Technology is a good investment. Please check the relationship between Viant Technology Asset Turnover and its Total Current Liabilities accounts. Check out Investing Opportunities to better understand how to build diversified portfolios, which includes a position in Viant Technology. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in state.

To learn how to invest in Viant Stock, please use our How to Invest in Viant Technology guide.

Asset Turnover vs Total Current Liabilities

Asset Turnover vs Total Current Liabilities Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Viant Technology Asset Turnover account and Total Current Liabilities. At this time, the significance of the direction appears to have pay attention.

The correlation between Viant Technology's Asset Turnover and Total Current Liabilities is -0.78. Overlapping area represents the amount of variation of Asset Turnover that can explain the historical movement of Total Current Liabilities in the same time period over historical financial statements of Viant Technology, assuming nothing else is changed. The correlation between historical values of Viant Technology's Asset Turnover and Total Current Liabilities is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Asset Turnover of Viant Technology are associated (or correlated) with its Total Current Liabilities. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Total Current Liabilities has no effect on the direction of Asset Turnover i.e., Viant Technology's Asset Turnover and Total Current Liabilities go up and down completely randomly.

Correlation Coefficient

-0.78

Relationship Direction	Negative
Relationship Strength	Weak

View All Relationships

Asset Turnover

The ratio of net sales to average total assets, indicating how efficiently a company uses its assets to generate sales.

Total Current Liabilities

Total Current Liabilities is an item on Viant Technology balance sheet that include short term debt, accounts payable, accrued salaries payable, payroll taxes payable, accrued liabilities and other debts. Total Current Liabilities of Viant Technology are important to investors because some useful performance ratios such as Current Ratio and Quick Ratio require Total Current Liabilities to be accurate. The total amount of liabilities that a company is expected to pay within one year, including debts, accounts payable, and other short-term financial obligations.

Most indicators from Viant Technology's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Viant Technology 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 to better understand how to build diversified portfolios, which includes a position in Viant Technology. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in state.

To learn how to invest in Viant Stock, please use our How to Invest in Viant Technology guide.At this time, Viant Technology's Tax Provision is relatively stable compared to the past year. As of 12/13/2024, Enterprise Value Over EBITDA is likely to grow to 25.37, while Sales General And Administrative To Revenue is likely to drop 0.14.

	2021	2022	2023	2024 (projected)
Interest Expense	864K	1.5M	8.6M	9.0M
Depreciation And Amortization	11.1M	13.1M	14.7M	13.0M

Interest Expense Depreciation And Amortization

Viant Technology fundamental ratios Correlations

	Total Assets	Short Long Term Debt Total	Other Current Liab	Total Current Liabilities	Total Stockholder Equity	Other Liab	Net Tangible Assets	Property Plant And Equipment Net	Current Deferred Revenue	Net Debt	Retained Earnings	Accounts Payable	Cash	Non Current Assets Total	Non Currrent Assets Other	Other Assets	Long Term Debt	Cash And Short Term Investments	Net Receivables	Good Will	Common Stock Shares Outstanding	Non Current Liabilities Total	Other Current Assets	Other Stockholder Equity	Total Liab	Net Invested Capital
Total Assets		-0.51	0.7	0.91	0.87	-0.78	0.88	0.86	-0.94	-0.98	0.97	0.93	0.99	0.83	0.79	0.74	-0.79	0.99	0.94	-0.46	-0.99	-0.79	0.89	0.8	-0.64	0.9
Short Long Term Debt Total	-0.51		-0.79	-0.76	-0.81	0.88	-0.8	-0.55	0.59	0.55	-0.48	-0.69	-0.42	-0.52	-0.86	-0.88	0.87	-0.42	-0.7	0.45	0.44	0.86	-0.63	-0.9	0.85	-0.74
Other Current Liab	0.7	-0.79		0.87	0.8	-0.75	0.81	0.78	-0.87	-0.73	0.63	0.87	0.63	0.77	0.77	0.69	-0.73	0.63	0.8	-0.74	-0.67	-0.73	0.83	0.79	-0.62	0.73
Total Current Liabilities	0.91	-0.76	0.87		0.95	-0.91	0.95	0.81	-0.93	-0.91	0.87	0.99	0.86	0.77	0.92	0.87	-0.91	0.86	0.98	-0.57	-0.87	-0.91	0.87	0.93	-0.76	0.95
Total Stockholder Equity	0.87	-0.81	0.8	0.95		-0.98	1.0	0.71	-0.88	-0.92	0.89	0.9	0.83	0.66	0.94	0.96	-0.98	0.83	0.97	-0.55	-0.83	-0.98	0.78	0.98	-0.92	0.98
Other Liab	-0.78	0.88	-0.75	-0.91	-0.98		-0.97	-0.61	0.79	0.82	-0.81	-0.84	-0.73	-0.56	-0.95	-0.99	1.0	-0.73	-0.92	0.45	0.73	1.0	-0.7	-0.99	0.95	-0.96
Net Tangible Assets	0.88	-0.8	0.81	0.95	1.0	-0.97		0.72	-0.9	-0.93	0.9	0.91	0.84	0.67	0.93	0.95	-0.97	0.84	0.97	-0.55	-0.85	-0.98	0.79	0.97	-0.91	0.98
Property Plant And Equipment Net	0.86	-0.55	0.78	0.81	0.71	-0.61	0.72		-0.85	-0.8	0.73	0.88	0.83	1.0	0.69	0.58	-0.62	0.83	0.76	-0.49	-0.86	-0.62	0.99	0.68	-0.43	0.69
Current Deferred Revenue	-0.94	0.59	-0.87	-0.93	-0.88	0.79	-0.9	-0.85		0.95	-0.92	-0.95	-0.91	-0.82	-0.76	-0.72	0.79	-0.91	-0.94	0.62	0.93	0.79	-0.9	-0.81	0.65	-0.88
Net Debt	-0.98	0.55	-0.73	-0.91	-0.92	0.82	-0.93	-0.8	0.95		-0.98	-0.91	-0.97	-0.77	-0.81	-0.79	0.83	-0.97	-0.95	0.58	0.98	0.84	-0.84	-0.83	0.73	-0.92
Retained Earnings	0.97	-0.48	0.63	0.87	0.89	-0.81	0.9	0.73	-0.92	-0.98		0.87	0.97	0.69	0.76	0.77	-0.82	0.97	0.94	-0.44	-0.97	-0.83	0.78	0.8	-0.72	0.93
Accounts Payable	0.93	-0.69	0.87	0.99	0.9	-0.84	0.91	0.88	-0.95	-0.91	0.87		0.89	0.84	0.88	0.8	-0.84	0.89	0.96	-0.57	-0.9	-0.84	0.92	0.88	-0.66	0.91
Cash	0.99	-0.42	0.63	0.86	0.83	-0.73	0.84	0.83	-0.91	-0.97	0.97	0.89		0.8	0.73	0.69	-0.74	1.0	0.9	-0.42	-1.0	-0.75	0.85	0.75	-0.59	0.87
Non Current Assets Total	0.83	-0.52	0.77	0.77	0.66	-0.56	0.67	1.0	-0.82	-0.77	0.69	0.84	0.8		0.65	0.53	-0.56	0.8	0.71	-0.51	-0.83	-0.57	0.98	0.63	-0.38	0.63
Non Currrent Assets Other	0.79	-0.86	0.77	0.92	0.94	-0.95	0.93	0.69	-0.76	-0.81	0.76	0.88	0.73	0.65		0.96	-0.94	0.73	0.9	-0.56	-0.73	-0.94	0.74	0.97	-0.86	0.91
Other Assets	0.74	-0.88	0.69	0.87	0.96	-0.99	0.95	0.58	-0.72	-0.79	0.77	0.8	0.69	0.53	0.96		-0.98	0.69	0.88	-0.44	-0.69	-0.99	0.66	0.98	-0.96	0.93
Long Term Debt	-0.79	0.87	-0.73	-0.91	-0.98	1.0	-0.97	-0.62	0.79	0.83	-0.82	-0.84	-0.74	-0.56	-0.94	-0.98		-0.74	-0.93	0.41	0.74	1.0	-0.7	-0.99	0.95	-0.97
Cash And Short Term Investments	0.99	-0.42	0.63	0.86	0.83	-0.73	0.84	0.83	-0.91	-0.97	0.97	0.89	1.0	0.8	0.73	0.69	-0.74		0.9	-0.42	-1.0	-0.75	0.85	0.75	-0.59	0.87
Net Receivables	0.94	-0.7	0.8	0.98	0.97	-0.92	0.97	0.76	-0.94	-0.95	0.94	0.96	0.9	0.71	0.9	0.88	-0.93	0.9		-0.52	-0.9	-0.93	0.82	0.93	-0.8	0.98
Good Will	-0.46	0.45	-0.74	-0.57	-0.55	0.45	-0.55	-0.49	0.62	0.58	-0.44	-0.57	-0.42	-0.51	-0.56	-0.44	0.41	-0.42	-0.52		0.47	0.43	-0.49	-0.47	0.43	-0.44
Common Stock Shares Outstanding	-0.99	0.44	-0.67	-0.87	-0.83	0.73	-0.85	-0.86	0.93	0.98	-0.97	-0.9	-1.0	-0.83	-0.73	-0.69	0.74	-1.0	-0.9	0.47		0.74	-0.88	-0.75	0.6	-0.86
Non Current Liabilities Total	-0.79	0.86	-0.73	-0.91	-0.98	1.0	-0.98	-0.62	0.79	0.84	-0.83	-0.84	-0.75	-0.57	-0.94	-0.99	1.0	-0.75	-0.93	0.43	0.74		-0.7	-0.99	0.95	-0.97
Other Current Assets	0.89	-0.63	0.83	0.87	0.78	-0.7	0.79	0.99	-0.9	-0.84	0.78	0.92	0.85	0.98	0.74	0.66	-0.7	0.85	0.82	-0.49	-0.88	-0.7		0.76	-0.52	0.76
Other Stockholder Equity	0.8	-0.9	0.79	0.93	0.98	-0.99	0.97	0.68	-0.81	-0.83	0.8	0.88	0.75	0.63	0.97	0.98	-0.99	0.75	0.93	-0.47	-0.75	-0.99	0.76		-0.92	0.96
Total Liab	-0.64	0.85	-0.62	-0.76	-0.92	0.95	-0.91	-0.43	0.65	0.73	-0.72	-0.66	-0.59	-0.38	-0.86	-0.96	0.95	-0.59	-0.8	0.43	0.6	0.95	-0.52	-0.92		-0.88
Net Invested Capital	0.9	-0.74	0.73	0.95	0.98	-0.96	0.98	0.69	-0.88	-0.92	0.93	0.91	0.87	0.63	0.91	0.93	-0.97	0.87	0.98	-0.44	-0.86	-0.97	0.76	0.96	-0.88

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Viant Technology Account Relationship Matchups

Viant Technology fundamental ratios Accounts

	2019	2020	2021	2022	2023	2024 (projected)
Total Assets	106.9M	133.5M	389.1M	377.9M	404.9M	274.8M
Short Long Term Debt Total	17.5M	23.5M	63.8M	28.7M	25.4M	30.0M
Other Current Liab	4.2M	36.9M	2.5M	42.5M	53.7M	56.4M
Total Current Liabilities	61.1M	79.7M	83.1M	87.1M	108.9M	85.4M
Total Stockholder Equity	22.7M	20.1M	60.2M	59.2M	68.3M	71.7M
Net Tangible Assets	(1.5M)	4.7M	46.0M	46.2M	53.1M	55.7M
Property Plant And Equipment Net	14.9M	13.8M	22.3M	49.5M	51.3M	30.7M
Current Deferred Revenue	5.3M	2.7M	1.3M	123K	316K	300.2K
Net Debt	12.7M	13.9M	(221.0M)	(177.9M)	(191.0M)	(181.5M)
Retained Earnings	(77.0M)	(72.1M)	(20.1M)	(36.3M)	(43.5M)	(45.7M)
Accounts Payable	20.5M	29.8M	32.9M	37.1M	47.3M	34.0M
Cash	4.8M	9.6M	238.5M	206.6M	216.5M	124.4M
Non Current Assets Total	32.1M	29.6M	36.9M	63.0M	64.5M	47.7M
Non Currrent Assets Other	478K	371K	406K	385K	615K	446.1K
Other Assets	478K	371K	406K	385K	442.8K	400.0K
Cash And Short Term Investments	4.8M	9.6M	238.5M	206.6M	216.5M	124.4M
Net Receivables	68.1M	89.8M	110.7M	101.7M	117.5M	98.3M
Liabilities And Stockholders Equity	106.9M	133.5M	389.1M	377.9M	404.9M	274.8M
Non Current Liabilities Total	23.1M	33.7M	23.5M	25.0M	21.7M	33.5M
Other Current Assets	1.9M	2.3M	3.0M	6.6M	6.5M	4.0M
Other Stockholder Equity	92.2M	84.7M	80.2M	95.4M	111.7M	85.5M
Total Liab	84.2M	113.4M	106.6M	112.1M	130.5M	95.5M
Net Invested Capital	32.7M	43.7M	77.7M	59.2M	68.3M	48.5M
Property Plant And Equipment Gross	14.9M	13.8M	66.7M	49.5M	119.1M	125.0M
Total Current Assets	74.8M	103.9M	352.2M	314.9M	340.4M	227.2M
Non Current Liabilities Other	822K	453K	6.0M	25.0M	28.7M	30.2M
Net Working Capital	13.7M	24.2M	269.1M	227.7M	231.6M	141.8M
Short Term Debt	31.1M	3.4M	46.3M	7.4M	7.5M	7.1M
Intangible Assets	4.2M	3.0M	1.8M	667K	201K	191.0K
Property Plant Equipment	14.9M	13.8M	22.3M	23.1M	26.6M	19.8M

Pair Trading with Viant Technology

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 Viant Technology 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 Viant Technology will appreciate offsetting losses from the drop in the long position's value.

Moving together with Viant Stock

0.61	U	Unity Software	Pair Corr
0.86	DJCO	Daily Journal Corp	Pair Corr
0.95	AI	C3 Ai Inc	Pair Corr
0.84	BL	Blackline	Pair Corr
0.61	DT	Dynatrace Holdings LLC	Pair Corr

The ability to find closely correlated positions to Viant Technology could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Viant Technology 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 Viant Technology - 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 Viant Technology to buy it.

The correlation of Viant Technology 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 Viant Technology moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Viant Technology 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 Viant Technology 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 Correlation Correlation Matching

Additional Tools for Viant Stock Analysis

When running Viant Technology's price analysis, check to measure Viant Technology's 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 Viant Technology is operating at the current time. Most of Viant Technology's value examination focuses on studying past and present price action to predict the probability of Viant Technology's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Viant Technology's price. Additionally, you may evaluate how the addition of Viant Technology to your portfolios can decrease your overall portfolio volatility.

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