Veritex Roic vs Pfcf Ratio Analysis

VBTX Stock  USD 29.75  0.20  0.67%   
Veritex Holdings financial indicator trend analysis is much more than just breaking down Veritex Holdings prevalent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Veritex Holdings is a good investment. Please check the relationship between Veritex Holdings Roic and its Pfcf Ratio accounts. Check out World Market Map to better understand how to build diversified portfolios, which includes a position in Veritex Holdings. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in estimate.
For more information on how to buy Veritex Stock please use our How to Invest in Veritex Holdings guide.

Roic vs Pfcf Ratio

Roic vs Pfcf Ratio Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Veritex Holdings Roic account and Pfcf Ratio. At this time, the significance of the direction appears to have weak contrarian relationship.
The correlation between Veritex Holdings' Roic and Pfcf Ratio is -0.03. Overlapping area represents the amount of variation of Roic that can explain the historical movement of Pfcf Ratio in the same time period over historical financial statements of Veritex Holdings, assuming nothing else is changed. The correlation between historical values of Veritex Holdings' Roic and Pfcf Ratio is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Roic of Veritex Holdings are associated (or correlated) with its Pfcf Ratio. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Pfcf Ratio has no effect on the direction of Roic i.e., Veritex Holdings' Roic and Pfcf Ratio go up and down completely randomly.

Correlation Coefficient

-0.03
Relationship DirectionNegative 
Relationship StrengthInsignificant

Roic

Return on Invested Capital, a profitability ratio that measures the return that an investment generates for those who have provided capital, such as debt holders and equity holders.

Pfcf Ratio

Most indicators from Veritex Holdings' fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Veritex 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 World Market Map to better understand how to build diversified portfolios, which includes a position in Veritex Holdings. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in estimate.
For more information on how to buy Veritex Stock please use our How to Invest in Veritex Holdings guide.At this time, Veritex Holdings' Selling General Administrative is fairly stable compared to the past year. Sales General And Administrative To Revenue is likely to rise to 0.48 in 2024, whereas Tax Provision is likely to drop slightly above 23.6 M in 2024.
 2021 2022 2023 2024 (projected)
Gross Profit333.4M422.6M726.9M763.2M
Total Revenue333.4M422.6M726.9M763.2M

Veritex Holdings fundamental ratios Correlations

0.990.31-0.690.980.990.890.980.810.780.630.890.850.430.970.920.920.70.70.350.220.910.60.49-0.191.0
0.990.38-0.630.951.00.911.00.860.790.590.870.90.450.940.870.890.680.710.380.250.930.580.45-0.150.99
0.310.380.440.110.390.360.40.360.110.140.330.580.010.230.120.230.00.260.20.120.30.3-0.560.740.28
-0.69-0.630.44-0.82-0.61-0.52-0.59-0.41-0.51-0.64-0.57-0.31-0.2-0.74-0.8-0.73-0.52-0.4-0.09-0.07-0.58-0.49-0.880.73-0.71
0.980.950.11-0.820.940.850.940.760.790.640.830.760.430.960.940.920.730.630.260.170.880.570.63-0.350.98
0.991.00.39-0.610.940.920.990.860.780.60.870.910.440.930.860.880.650.710.40.260.920.580.45-0.140.98
0.890.910.36-0.520.850.920.930.960.870.320.740.960.660.770.680.690.690.750.480.330.990.30.45-0.20.88
0.981.00.4-0.590.940.990.930.880.810.560.840.920.480.920.850.870.660.70.370.270.930.550.43-0.130.98
0.810.860.36-0.410.760.860.960.880.90.160.650.940.750.650.530.570.650.780.590.390.950.140.45-0.230.8
0.780.790.11-0.510.790.780.870.810.90.040.670.810.890.650.570.540.850.770.570.410.89-0.020.54-0.360.78
0.630.590.14-0.640.640.60.320.560.160.040.590.28-0.40.760.810.820.090.17-0.15-0.090.340.980.32-0.080.64
0.890.870.33-0.570.830.870.740.840.650.670.590.740.350.880.830.820.670.80.530.370.770.590.37-0.080.89
0.850.90.58-0.310.760.910.960.920.940.810.280.740.620.720.610.640.610.710.480.350.930.310.210.050.84
0.430.450.01-0.20.430.440.660.480.750.89-0.40.350.620.240.150.10.70.610.590.470.67-0.450.38-0.330.42
0.970.940.23-0.740.960.930.770.920.650.650.760.880.720.240.980.970.670.590.210.070.80.730.48-0.170.97
0.920.870.12-0.80.940.860.680.850.530.570.810.830.610.150.980.950.610.460.060.040.720.760.5-0.210.93
0.920.890.23-0.730.920.880.690.870.570.540.820.820.640.10.970.950.570.540.150.010.730.790.47-0.180.92
0.70.680.0-0.520.730.650.690.660.650.850.090.670.610.70.670.610.570.640.40.030.730.020.44-0.260.71
0.70.710.26-0.40.630.710.750.70.780.770.170.80.710.610.590.460.540.640.90.580.790.150.47-0.290.69
0.350.380.2-0.090.260.40.480.370.590.57-0.150.530.480.590.210.060.150.40.90.650.51-0.150.31-0.240.34
0.220.250.12-0.070.170.260.330.270.390.41-0.090.370.350.470.070.040.010.030.580.650.37-0.090.22-0.210.22
0.910.930.3-0.580.880.920.990.930.950.890.340.770.930.670.80.720.730.730.790.510.370.310.52-0.270.91
0.60.580.3-0.490.570.580.30.550.14-0.020.980.590.31-0.450.730.760.790.020.15-0.15-0.090.310.150.10.61
0.490.45-0.56-0.880.630.450.450.430.450.540.320.370.210.380.480.50.470.440.470.310.220.520.15-0.940.51
-0.19-0.150.740.73-0.35-0.14-0.2-0.13-0.23-0.36-0.08-0.080.05-0.33-0.17-0.21-0.18-0.26-0.29-0.24-0.21-0.270.1-0.94-0.21
1.00.990.28-0.710.980.980.880.980.80.780.640.890.840.420.970.930.920.710.690.340.220.910.610.51-0.21
Click cells to compare fundamentals

Veritex Holdings Account Relationship Matchups

Veritex Holdings fundamental ratios Accounts

201920202021202220232024 (projected)
Total Assets8.0B8.8B9.8B12.2B12.4B13.0B
Total Stockholder Equity1.2B1.2B1.3B1.4B1.5B1.6B
Non Current Assets Total1.6B1.7B1.8B566.5M1.8B1.4B
Non Currrent Assets Other(29.1M)(40.7M)(36.6M)(1.5B)(1.8B)(1.7B)
Other Assets6.1B5.9B6.6B11.0B9.9B10.4B
Good Will370.7M370.8M403.8M404.5M465.1M488.4M
Common Stock Shares Outstanding54.0M50.0M50.4M54.0M54.6M29.2M
Liabilities And Stockholders Equity8.0B8.8B9.8B12.2B12.4B13.0B
Other Stockholder Equity1.0B974.4M975.2M1.1B1.1B1.2B
Intangible Assets72.3M61.7M66.0M53.2M41.8M27.0M
Short Long Term Debt Total825.8M1.0B1.0B1.4B329.8M451.3M
Total Current Liabilities43.8M61.9M69.2M177.6M7.0B7.4B
Other Liab878K11.3M11.3M10.1M11.6M12.2M
Property Plant And Equipment Net118.5M115.1M109.3M108.8M105.7M71.3M
Net Debt574.2M809.7M625.5M967.7M(299.3M)(284.3M)
Retained Earnings147.9M172.2M275.3M379.3M444.2M466.5M
Accounts Payable43.8M61.9M69.2M177.6M204.2M214.4M
Cash251.6M230.8M379.8M436.1M629.1M660.5M
Long Term Debt147.9M265.0M1.0B1.4B329.8M297.1M
Cash And Short Term Investments251.6M1.3B1.4B558.5M629.1M442.8M
Net Receivables10.4M6.7B7.3B1.7M2.0M1.9M
Common Stock Total Equity243K549K73.9M560K644K611.8K
Short Term Investments964.4M1.0B993.1M1.1B1.1B548.4M
Non Current Liabilities Total825.8M1.0B1.0B177.6M10.9B11.4B
Inventory(2.4B)(2.7B)6.0M2.3M2.1M2.2M
Other Current Assets267.9M258.7M491.4M437.8M629.1M689.6M
Total Liab6.8B7.6B8.4B10.7B10.9B11.4B
Property Plant And Equipment Gross118.5M133.5M130.8M135.4M137.1M80.2M
Total Current Assets251.6M1.3B1.4B558.5M629.1M375.2M
Accumulated Other Comprehensive Income19.1M56.2M64.1M(69.4M)(63.5M)(60.3M)
Common Stock511K555K560K607K610K348.0K
Property Plant Equipment118.5M115.1M109.3M125.6M144.4M151.6M
Other Current Liab(43.8M)(118.0M)(102.6M)724.6M6.9B7.2B
Net Tangible Assets747.7M770.8M845.3M1.0B1.2B1.2B
Retained Earnings Total Equity84.0M147.9M172.2M275.3M316.6M332.4M
Long Term Debt Total16.7M147.9M265.0M227.8M261.9M275.0M
Capital Surpluse449.4M1.1B1.1B1.1B1.3B1.4B
Long Term Investments7.0B1.2B1.2B1.4B1.3B2.1B

Also Currently Popular

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.

Additional Tools for Veritex Stock Analysis

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