VERU Stock | | | USD 0.73 0.01 1.35% |
Veru financial indicator trend analysis is much more than just breaking down Veru Inc prevalent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Veru Inc is a good investment. Please check the relationship between Veru Accumulated Depreciation and its Net Debt accounts. Check out
World Market Map to better understand how to build diversified portfolios, which includes a position in Veru Inc. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as
signals in metropolitan statistical area.
Accumulated Depreciation vs Net Debt
Accumulated Depreciation vs Net Debt Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of
Veru Inc Accumulated Depreciation account and
Net Debt. At this time, the significance of the direction appears to have almost no relationship.
The correlation between Veru's Accumulated Depreciation and Net Debt is 0.12. Overlapping area represents the amount of variation of Accumulated Depreciation that can explain the historical movement of Net Debt in the same time period over historical financial statements of Veru Inc, assuming nothing else is changed. The correlation between historical values of Veru's Accumulated Depreciation and Net 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 Accumulated Depreciation of Veru Inc are associated (or correlated) with its Net Debt. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Net Debt has no effect on the direction of Accumulated Depreciation i.e., Veru's Accumulated Depreciation and Net Debt go up and down completely randomly.
Correlation Coefficient | 0.12 |
Relationship Direction | Positive |
Relationship Strength | Insignificant |
Accumulated Depreciation
Accumulated depreciation is the total amount of depreciation for Veru Inc fixed asset that has been charged to Veru expense since that asset was acquired and made available for Veru use. The accumulated depreciation account is Veru Inc asset account with a credit balance. It is also known as a contra asset account and appears on the balance sheet as a reduction from the gross amount of fixed assets reported by Veru Inc.
Net Debt
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.
Most indicators from Veru's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Veru Inc 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 Veru Inc. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as
signals in metropolitan statistical area.
At this time, Veru's
Selling General Administrative is comparatively stable compared to the past year.
Tax Provision is likely to gain to about 453.8
K in 2024, despite the fact that
Enterprise Value Multiple is likely to grow to
(0.80).
Veru fundamental ratios Correlations
Click cells to compare fundamentals
Veru Account Relationship Matchups
High Positive Relationship
High Negative Relationship
Veru fundamental ratios Accounts
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Additional Tools for Veru Stock Analysis
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