Virax Cash Per Share vs Ev To Free Cash Flow Analysis

VRAX Stock  USD 1.97  0.10  4.83%   
Virax Biolabs financial indicator trend analysis is much more than just breaking down Virax Biolabs Group prevalent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Virax Biolabs Group is a good investment. Please check the relationship between Virax Biolabs Cash Per Share and its Ev To Free Cash Flow accounts. Check out World Market Map to better understand how to build diversified portfolios, which includes a position in Virax Biolabs Group. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in nation.

Cash Per Share vs Ev To Free Cash Flow

Cash Per Share vs Ev To Free Cash Flow Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Virax Biolabs Group Cash Per Share account and Ev To Free Cash Flow. At this time, the significance of the direction appears to have strong relationship.
The correlation between Virax Biolabs' Cash Per Share and Ev To Free Cash Flow is 0.73. Overlapping area represents the amount of variation of Cash Per Share that can explain the historical movement of Ev To Free Cash Flow in the same time period over historical financial statements of Virax Biolabs Group, assuming nothing else is changed. The correlation between historical values of Virax Biolabs' Cash Per Share and Ev To Free Cash Flow is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Cash Per Share of Virax Biolabs Group are associated (or correlated) with its Ev To Free Cash Flow. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Ev To Free Cash Flow has no effect on the direction of Cash Per Share i.e., Virax Biolabs' Cash Per Share and Ev To Free Cash Flow go up and down completely randomly.

Correlation Coefficient

0.73
Relationship DirectionPositive 
Relationship StrengthSignificant

Cash Per Share

Ev To Free Cash Flow

A valuation metric comparing the company's enterprise value to its free cash flow, used to evaluate whether a company is undervalued or overvalued.
Most indicators from Virax Biolabs' fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Virax Biolabs Group 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 Virax Biolabs Group. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in nation.
At this time, Virax Biolabs' Enterprise Value Over EBITDA is fairly stable compared to the past year. Enterprise Value Multiple is likely to rise to 0.30 in 2024, whereas Selling General Administrative is likely to drop slightly above 2.7 M in 2024.
 2021 2022 2023 2024 (projected)
Interest Expense15.4K15.5K26.9K28.3K
Depreciation And Amortization1.7M1.0103.1K97.9K

Virax Biolabs fundamental ratios Correlations

-0.59-0.62-0.610.970.860.7-0.98-0.76-0.320.990.990.39-0.38-0.630.971.00.731.0-0.620.730.470.850.450.47-0.38
-0.590.880.63-0.64-0.63-0.980.650.67-0.29-0.56-0.56-0.37-0.350.65-0.64-0.57-0.74-0.60.99-0.74-0.44-0.59-0.46-0.440.44
-0.620.880.89-0.73-0.85-0.940.640.920.01-0.54-0.54-0.7-0.210.89-0.73-0.58-0.95-0.620.94-0.95-0.79-0.83-0.82-0.790.78
-0.610.630.89-0.75-0.9-0.760.590.950.45-0.51-0.51-0.810.181.0-0.74-0.55-0.93-0.60.74-0.93-0.9-0.89-0.95-0.90.89
0.97-0.64-0.73-0.750.950.77-0.97-0.86-0.370.950.950.47-0.35-0.771.00.960.850.97-0.690.850.580.90.610.58-0.58
0.86-0.63-0.85-0.90.950.78-0.85-0.97-0.430.810.810.67-0.28-0.910.950.830.950.86-0.720.950.790.960.830.79-0.79
0.7-0.98-0.94-0.760.770.78-0.74-0.810.120.660.660.50.22-0.780.760.680.860.7-0.990.860.580.740.610.58-0.57
-0.980.650.640.59-0.97-0.85-0.740.740.25-0.99-0.99-0.290.320.62-0.97-0.99-0.73-0.990.66-0.73-0.4-0.79-0.42-0.40.4
-0.760.670.920.95-0.86-0.97-0.810.740.33-0.67-0.67-0.790.120.94-0.86-0.71-0.99-0.750.77-0.99-0.88-0.96-0.92-0.880.85
-0.32-0.290.010.45-0.37-0.430.120.250.33-0.28-0.28-0.350.910.45-0.37-0.3-0.21-0.32-0.18-0.21-0.4-0.42-0.42-0.40.39
0.99-0.56-0.54-0.510.950.810.66-0.99-0.67-0.281.00.25-0.39-0.540.951.00.660.99-0.570.660.340.760.340.34-0.3
0.99-0.56-0.54-0.510.950.810.66-0.99-0.67-0.281.00.25-0.39-0.540.951.00.660.99-0.570.660.340.760.340.34-0.3
0.39-0.37-0.7-0.810.470.670.5-0.29-0.79-0.350.250.25-0.07-0.790.460.310.740.38-0.490.740.980.810.880.98-0.67
-0.38-0.35-0.210.18-0.35-0.280.220.320.120.91-0.39-0.39-0.070.2-0.35-0.390.01-0.39-0.30.01-0.1-0.27-0.08-0.10.06
-0.630.650.891.0-0.77-0.91-0.780.620.940.45-0.54-0.54-0.790.2-0.76-0.58-0.92-0.630.76-0.92-0.88-0.89-0.93-0.880.88
0.97-0.64-0.73-0.741.00.950.76-0.97-0.86-0.370.950.950.46-0.35-0.760.960.840.97-0.690.840.570.890.610.57-0.58
1.0-0.57-0.58-0.550.960.830.68-0.99-0.71-0.31.01.00.31-0.39-0.580.960.691.0-0.590.690.40.80.390.4-0.34
0.73-0.74-0.95-0.930.850.950.86-0.73-0.99-0.210.660.660.740.01-0.920.840.690.73-0.831.00.840.930.890.84-0.85
1.0-0.6-0.62-0.60.970.860.7-0.99-0.75-0.320.990.990.38-0.39-0.630.971.00.73-0.620.730.460.840.440.46-0.37
-0.620.990.940.74-0.69-0.72-0.990.660.77-0.18-0.57-0.57-0.49-0.30.76-0.69-0.59-0.83-0.62-0.83-0.57-0.69-0.6-0.570.56
0.73-0.74-0.95-0.930.850.950.86-0.73-0.99-0.210.660.660.740.01-0.920.840.691.00.73-0.830.840.930.890.84-0.85
0.47-0.44-0.79-0.90.580.790.58-0.4-0.88-0.40.340.340.98-0.1-0.880.570.40.840.46-0.570.840.870.961.0-0.8
0.85-0.59-0.83-0.890.90.960.74-0.79-0.96-0.420.760.760.81-0.27-0.890.890.80.930.84-0.690.930.870.840.87-0.71
0.45-0.46-0.82-0.950.610.830.61-0.42-0.92-0.420.340.340.88-0.08-0.930.610.390.890.44-0.60.890.960.840.96-0.94
0.47-0.44-0.79-0.90.580.790.58-0.4-0.88-0.40.340.340.98-0.1-0.880.570.40.840.46-0.570.841.00.870.96-0.8
-0.380.440.780.89-0.58-0.79-0.570.40.850.39-0.3-0.3-0.670.060.88-0.58-0.34-0.85-0.370.56-0.85-0.8-0.71-0.94-0.8
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Virax Biolabs Account Relationship Matchups

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