Verra Other Current Assets vs Long Term Debt Analysis

VRRM Stock  USD 23.66  0.09  0.38%   
Verra Mobility financial indicator trend analysis is much more than just breaking down Verra Mobility Corp prevalent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Verra Mobility Corp is a good investment. Please check the relationship between Verra Mobility Other Current Assets and its Long Term Debt accounts. Check out World Market Map to better understand how to build diversified portfolios, which includes a position in Verra Mobility Corp. 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.

Other Current Assets vs Long Term Debt

Other Current Assets vs Long Term Debt Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Verra Mobility Corp Other Current Assets account and Long Term Debt. At this time, the significance of the direction appears to have very strong relationship.
The correlation between Verra Mobility's Other Current Assets and Long Term Debt is 0.87. Overlapping area represents the amount of variation of Other Current Assets that can explain the historical movement of Long Term Debt in the same time period over historical financial statements of Verra Mobility Corp, assuming nothing else is changed. The correlation between historical values of Verra Mobility's Other Current Assets 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 Other Current Assets of Verra Mobility Corp 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 Other Current Assets i.e., Verra Mobility's Other Current Assets and Long Term Debt go up and down completely randomly.

Correlation Coefficient

0.87
Relationship DirectionPositive 
Relationship StrengthStrong

Other Current Assets

Assets expected to be converted into cash, sold, or consumed either in one year or in the operating cycle, which are not included under standard current asset categories.

Long Term Debt

Long-term debt is a debt that Verra Mobility Corp has held for over one year. Long-term debt appears on Verra Mobility Corp 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 Verra Mobility Corp 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 Verra Mobility's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Verra Mobility Corp 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 Verra Mobility Corp. 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.
As of the 1st of December 2024, Tax Provision is likely to grow to about 40.6 M, while Selling General Administrative is likely to drop about 105.6 M.
 2021 2022 2023 2024 (projected)
Total Operating Expenses403.6M529.6M585.0M340.0M
Cost Of Revenue35.1M47.3M43.5M41.6M

Verra Mobility fundamental ratios Correlations

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Click cells to compare fundamentals

Verra Mobility Account Relationship Matchups

Verra Mobility fundamental ratios Accounts

201920202021202220232024 (projected)
Total Assets1.4B1.4B1.8B1.8B1.8B1.4B
Short Long Term Debt Total896.6M870.0M1.3B1.2B1.1B916.2M
Other Current Liab5.7M16.8M36.3M39.9M83.5M87.7M
Total Current Liabilities104.9M64.0M175.2M186.8M214.8M112.1M
Total Stockholder Equity339.3M346.4M260.0M231.1M421.5M262.0M
Other Liab95.4M95.9M160.1M115.0M132.2M103.3M
Net Tangible Assets(679.2M)(582.1M)(1.1B)(979.8M)(881.8M)(925.9M)
Property Plant And Equipment Net113.3M108.0M148.3M170.3M179.7M130.0M
Current Deferred Revenue19.5M750K27.1M31.2M28.8M30.2M
Net Debt765.1M749.8M1.2B1.1B938.1M825.4M
Retained Earnings(80.2M)(84.4M)(81.4M)(98.1M)(125.9M)(119.6M)
Accounts Payable50.8M34.5M67.6M79.9M78.7M53.8M
Cash131.5M120.3M101.3M105.2M136.3M90.8M
Non Current Assets Total1.1B1.0B1.5B1.4B1.4B1.1B
Non Currrent Assets Other3.1M2.7M14.6M12.5M33.9M35.6M
Other Assets12.0M40.4M27.9M35.4M40.7M21.4M
Long Term Debt837.7M832.9M1.2B1.2B1.0B887.1M
Cash And Short Term Investments131.5M120.3M101.3M105.2M138.6M91.1M
Net Receivables113.5M182.8M190.1M194.6M234.9M148.7M
Good Will584.2M586.4M838.9M833.5M835.8M625.0M
Common Stock Total Equity1.2K15.6K16K15K17.3K16.5K
Common Stock Shares Outstanding160.1M161.6M163.8M159.0M160.0M134.8M
Liabilities And Stockholders Equity1.4B1.4B1.8B1.8B1.8B1.4B
Non Current Liabilities Total963.2M956.8M1.4B1.3B1.2B1.0B
Other Current Assets689K21.4M51.7M41.5M48.1M24.9M
Other Stockholder Equity422.1M410.2M346.5M342.0M557.5M330.0M
Total Liab1.1B1.0B1.6B1.5B1.4B1.1B
Short Long Term Debt28.8M9.1M37.0M21.9M9.0M16.3M
Total Current Assets272.4M328.0M348.1M362.6M439.5M266.4M
Accumulated Other Comprehensive Income(2.6M)211K(5.1M)(12.9M)(10.2M)(10.7M)
Short Term Debt28.8M12.3M42.7M28.3M16.2M19.3M
Intangible Assets434.4M342.1M487.3M377.4M301.0M368.5M
Common Stock1.2K15.6K16K15K17K16.7K
Property Plant Equipment104.4M70.3M96.1M109.8M126.2M92.4M
Short Term Investments3.6M3.5M6.7M2.1M2.3M2.2M
Long Term Debt Total837.7M832.9M1.2B1.2B1.4B981.4M
Capital Surpluse367.3M394.0M309.9M305.4M351.2M339.8M
Inventory26.7M24.1M12.1M19.3M18.0M16.1M
Net Invested Capital1.2B1.2B1.5B1.4B1.5B1.3B
Non Current Liabilities Other2.2M102.8M147.6M127.2M62.6M94.8M

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When determining whether Verra Mobility Corp is a strong investment it is important to analyze Verra Mobility's competitive position within its industry, examining market share, product or service uniqueness, and competitive advantages. Beyond financials and market position, potential investors should also consider broader economic conditions, industry trends, and any regulatory or geopolitical factors that may impact Verra Mobility's future performance. For an informed investment choice regarding Verra Stock, refer to the following important reports:
Check out World Market Map to better understand how to build diversified portfolios, which includes a position in Verra Mobility Corp. 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.
You can also try the FinTech Suite module to use AI to screen and filter profitable investment opportunities.
Is Internet Services & Infrastructure 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 Verra Mobility. If investors know Verra 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 Verra Mobility 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
0.167
Earnings Share
0.6
Revenue Per Share
5.237
Quarterly Revenue Growth
0.074
Return On Assets
0.0827
The market value of Verra Mobility Corp is measured differently than its book value, which is the value of Verra that is recorded on the company's balance sheet. Investors also form their own opinion of Verra Mobility's value that differs from its market value or its book value, called intrinsic value, which is Verra Mobility'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 Verra Mobility's market value can be influenced by many factors that don't directly affect Verra Mobility'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 Verra Mobility's value and its price as these two are different measures arrived at by different means. Investors typically determine if Verra Mobility is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Verra Mobility'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.