Velocity Total Current Liabilities vs Long Term Debt Analysis
VEL Stock | USD 20.46 0.02 0.1% |
Velocity Financial financial indicator trend analysis is much more than just breaking down Velocity Financial Llc prevalent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Velocity Financial Llc is a good investment. Please check the relationship between Velocity Financial Total Current Liabilities and its Long Term Debt accounts. Check out World Market Map to better understand how to build diversified portfolios, which includes a position in Velocity Financial Llc. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in income.
Total Current Liabilities vs Long Term Debt
Total Current Liabilities vs Long Term Debt Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Velocity Financial Llc Total Current Liabilities account and Long Term Debt. At this time, the significance of the direction appears to have strong relationship.
The correlation between Velocity Financial's Total Current Liabilities and Long Term Debt is 0.74. Overlapping area represents the amount of variation of Total Current Liabilities that can explain the historical movement of Long Term Debt in the same time period over historical financial statements of Velocity Financial Llc, assuming nothing else is changed. The correlation between historical values of Velocity Financial's Total Current Liabilities and Long Term Debt is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Total Current Liabilities of Velocity Financial Llc are associated (or correlated) with its Long Term Debt. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Long Term Debt has no effect on the direction of Total Current Liabilities i.e., Velocity Financial's Total Current Liabilities and Long Term Debt go up and down completely randomly.
Correlation Coefficient | 0.74 |
Relationship Direction | Positive |
Relationship Strength | Significant |
Total Current Liabilities
Total Current Liabilities is an item on Velocity Financial balance sheet that include short term debt, accounts payable, accrued salaries payable, payroll taxes payable, accrued liabilities and other debts. Total Current Liabilities of Velocity Financial Llc 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.Long Term Debt
Long-term debt is a debt that Velocity Financial Llc has held for over one year. Long-term debt appears on Velocity Financial Llc balance sheet and also includes long-term leases. The most common forms of long term debt are bonds payable, long-term notes payable, mortgage payable, pension liabilities, and lease liabilities. In the corporate world, long-term debt is generally used to fund big-ticket items, such as machinery, buildings, and land. The total of long-term debt reported on Velocity Financial Llc balance sheet is the sum of the balances of all categories of long-term debt. Debt that is not due within the current year and is often considered to be financing activities that are to be repaid over several years.Most indicators from Velocity Financial's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Velocity Financial Llc 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 Velocity Financial Llc. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in income. At this time, Velocity Financial's Enterprise Value Over EBITDA is quite stable compared to the past year. Enterprise Value Multiple is expected to rise to 150.51 this year, although the value of Selling General Administrative will most likely fall to about 4.4 M.
2021 | 2022 | 2023 | 2024 (projected) | Gross Profit | 62.5M | 80.3M | 131.7M | 138.3M | Total Revenue | 75.9M | 93.1M | 131.7M | 66.8M |
Velocity Financial fundamental ratios Correlations
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Velocity Financial Account Relationship Matchups
High Positive Relationship
High Negative Relationship
Velocity Financial fundamental ratios Accounts
2019 | 2020 | 2021 | 2022 | 2023 | 2024 (projected) | ||
Total Assets | 2.2B | 2.1B | 2.8B | 3.7B | 4.4B | 2.3B | |
Total Stockholder Equity | 152.8M | 219.6M | 341.1M | 376.8M | 433.4M | 231.9M | |
Cash | 22.6M | 13.3M | 36.1M | 45.2M | 40.6M | 27.2M | |
Other Assets | 2.1B | 2.0B | 2.7B | 375.2M | 4.3B | 4.5B | |
Long Term Debt | 2.0B | 1.7B | 2.1B | 2.9B | 3.5B | 1.9B | |
Cash And Short Term Investments | 22.6M | 13.3M | 36.1M | 3.3B | 40.6M | 38.5M | |
Net Receivables | 67.7M | 86.5M | 89.3M | 87.2M | 35.8M | 34.0M | |
Long Term Debt Total | 2.0B | 1.7B | 2.4B | 3.3B | 3.8B | 4.0B | |
Other Stockholder Equity | 152.8M | 204.2M | 296.4M | (76.6M) | 305.4M | 159.6M | |
Total Liab | 2.1B | 1.9B | 2.5B | 3.4B | 4.0B | 2.1B | |
Property Plant Equipment | 5.4M | 4.3M | 3.8M | 3.4M | 3.9M | 3.0M | |
Short Long Term Debt Total | 2.4B | 1.8B | 2.7B | 3.6B | 3.8B | 2.5B | |
Total Current Liabilities | 421.5M | 75.9M | 301.1M | 91.5M | 336.0M | 211.7M | |
Net Tangible Assets | 147.6M | 215.0M | 337.7M | 370.0M | 425.5M | 228.4M | |
Accounts Payable | 49.8M | 63.4M | 92.2M | 91.5M | 122.0M | 66.0M | |
Liabilities And Stockholders Equity | 2.2B | 2.1B | 2.8B | 3.7B | 4.4B | 2.7B | |
Other Current Assets | (108.4M) | (122.7M) | (154.9M) | (170.8M) | (226.9M) | (215.5M) | |
Total Current Assets | 90.3M | 99.8M | 125.4M | 3.4B | 76.4M | 72.5M | |
Cash And Equivalents | 21.5M | 13.3M | 36.0M | 45.2M | 52.0M | 30.9M | |
Short Term Debt | 421.5M | 75.9M | 301.1M | 330.8M | 334.8M | 242.7M | |
Common Stock | 152.8M | 201K | 323K | 376.8M | 331K | 314.5K | |
Property Plant And Equipment Net | 10.7M | 4.1M | 7.6M | 3.4M | 5.3M | 4.8M | |
Net Debt | 2.0B | 1.7B | 2.3B | 3.2B | 3.8B | 2.5B | |
Non Current Assets Total | 10.7M | 4.1M | 21.5M | 15.2M | 11.9M | 11.7M | |
Non Currrent Assets Other | (8.3M) | (11.5M) | (21.5M) | (9.2M) | (8.8M) | (9.2M) | |
Non Current Liabilities Total | 1.6B | 1.7B | 2.1B | 3.3B | 4.0B | 2.4B | |
Net Invested Capital | 2.0B | 1.9B | 2.7B | 3.7B | 4.3B | 2.7B | |
Property Plant And Equipment Gross | 10.7M | 4.1M | 15.0M | 12.7M | 12.9M | 10.5M | |
Short Long Term Debt | 421.5M | 75.9M | 301.1M | 330.8M | 334.8M | 277.4M | |
Accumulated Other Comprehensive Income | (4.0M) | (5.2M) | (90M) | 0.0 | (1.2M) | (1.3M) | |
Intangible Assets | 5.3M | 4.6M | 7.2M | 9.2M | 8.6M | 7.0M |
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Is Commercial & Residential Mortgage Finance 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 Velocity Financial. If investors know Velocity 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 Velocity Financial listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Quarterly Earnings Growth 0.265 | Earnings Share 1.84 | Revenue Per Share 4.973 | Quarterly Revenue Growth 0.291 | Return On Assets 0.0139 |
The market value of Velocity Financial Llc is measured differently than its book value, which is the value of Velocity that is recorded on the company's balance sheet. Investors also form their own opinion of Velocity Financial's value that differs from its market value or its book value, called intrinsic value, which is Velocity Financial'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 Velocity Financial's market value can be influenced by many factors that don't directly affect Velocity Financial'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 Velocity Financial's value and its price as these two are different measures arrived at by different means. Investors typically determine if Velocity Financial is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Velocity Financial'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.