VirTra Intangible Assets vs Current Deferred Revenue Analysis

VTSI Stock  USD 7.83  0.22  2.89%   
VirTra financial indicator trend analysis is much more than just breaking down VirTra Inc prevalent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether VirTra Inc is a good investment. Please check the relationship between VirTra Intangible Assets and its Current Deferred Revenue accounts. Check out World Market Map to better understand how to build diversified portfolios, which includes a position in VirTra 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 state.

Intangible Assets vs Current Deferred Revenue

Intangible Assets vs Current Deferred Revenue Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of VirTra Inc Intangible Assets account and Current Deferred Revenue. At this time, the significance of the direction appears to have very strong relationship.
The correlation between VirTra's Intangible Assets and Current Deferred Revenue is 0.86. Overlapping area represents the amount of variation of Intangible Assets that can explain the historical movement of Current Deferred Revenue in the same time period over historical financial statements of VirTra Inc, assuming nothing else is changed. The correlation between historical values of VirTra's Intangible Assets and Current Deferred Revenue is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Intangible Assets of VirTra Inc are associated (or correlated) with its Current Deferred Revenue. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Current Deferred Revenue has no effect on the direction of Intangible Assets i.e., VirTra's Intangible Assets and Current Deferred Revenue go up and down completely randomly.

Correlation Coefficient

0.86
Relationship DirectionPositive 
Relationship StrengthStrong

Intangible Assets

Non-physical assets possessed by a company, such as patents, trademarks, and copyrights, which provide long-term value.

Current Deferred Revenue

Revenue that has been collected but not yet earned, typically from prepaid service contracts or subscriptions. This amount is considered a liability until the service is provided or the subscription period ends.
Most indicators from VirTra's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into VirTra 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 VirTra 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 state.
As of now, VirTra's Enterprise Value Multiple is increasing as compared to previous years. The VirTra's current Enterprise Value is estimated to increase to about 98.4 M, while Issuance Of Capital Stock is projected to decrease to 0.00.
 2021 2023 2024 (projected)
Total Revenue24.4M38.0M39.9M
Depreciation And Amortization1.3M1.4M1.5M

VirTra fundamental ratios Correlations

0.950.940.971.00.97-0.840.910.90.960.990.440.990.930.490.980.930.991.00.62-0.560.980.940.950.95-0.59
0.950.890.870.950.99-0.680.820.80.950.970.380.920.80.490.990.910.950.940.68-0.490.990.850.970.96-0.51
0.940.890.920.940.9-0.820.860.870.950.910.290.940.850.410.920.870.940.950.53-0.510.930.90.910.87-0.54
0.970.870.920.960.91-0.90.90.930.90.930.390.960.980.420.910.860.980.980.58-0.510.920.970.880.87-0.54
1.00.950.940.960.97-0.840.910.890.960.990.450.990.910.50.970.930.980.990.6-0.580.970.930.950.94-0.61
0.970.990.90.910.97-0.730.840.860.950.980.350.950.850.50.990.930.970.960.66-0.471.00.860.980.95-0.49
-0.84-0.68-0.82-0.9-0.84-0.73-0.79-0.83-0.83-0.77-0.3-0.89-0.86-0.42-0.72-0.77-0.83-0.87-0.480.44-0.75-0.88-0.7-0.660.48
0.910.820.860.90.910.84-0.790.90.840.890.580.910.890.170.860.70.90.910.51-0.760.850.870.870.87-0.77
0.90.80.870.930.890.86-0.830.90.820.870.30.890.930.20.830.750.90.910.55-0.470.870.840.880.78-0.47
0.960.950.950.90.960.95-0.830.840.820.940.360.970.820.510.960.930.950.960.66-0.510.960.90.940.9-0.53
0.990.970.910.930.990.98-0.770.890.870.940.440.970.890.50.980.930.980.980.59-0.570.980.90.960.96-0.6
0.440.380.290.390.450.35-0.30.580.30.360.440.440.460.190.430.280.420.440.37-0.690.340.420.340.55-0.7
0.990.920.940.960.990.95-0.890.910.890.970.970.440.910.50.950.930.980.990.61-0.560.960.940.930.92-0.59
0.930.80.850.980.910.85-0.860.890.930.820.890.460.910.370.850.790.940.940.55-0.510.860.930.820.83-0.54
0.490.490.410.420.50.5-0.420.170.20.510.50.190.50.370.50.730.470.480.17-0.040.490.470.350.48-0.12
0.980.990.920.910.970.99-0.720.860.830.960.980.430.950.850.50.910.980.970.67-0.520.990.890.970.97-0.55
0.930.910.870.860.930.93-0.770.70.750.930.930.280.930.790.730.910.910.920.56-0.370.930.840.860.86-0.42
0.990.950.940.980.980.97-0.830.90.90.950.980.420.980.940.470.980.910.990.64-0.530.980.950.950.94-0.56
1.00.940.950.980.990.96-0.870.910.910.960.980.440.990.940.480.970.920.990.62-0.550.970.950.940.93-0.58
0.620.680.530.580.60.66-0.480.510.550.660.590.370.610.550.170.670.560.640.62-0.050.660.530.650.6-0.05
-0.56-0.49-0.51-0.51-0.58-0.470.44-0.76-0.47-0.51-0.57-0.69-0.56-0.51-0.04-0.52-0.37-0.53-0.55-0.05-0.47-0.56-0.51-0.611.0
0.980.990.930.920.971.0-0.750.850.870.960.980.340.960.860.490.990.930.980.970.66-0.470.880.980.94-0.49
0.940.850.90.970.930.86-0.880.870.840.90.90.420.940.930.470.890.840.950.950.53-0.560.880.820.86-0.6
0.950.970.910.880.950.98-0.70.870.880.940.960.340.930.820.350.970.860.950.940.65-0.510.980.820.94-0.52
0.950.960.870.870.940.95-0.660.870.780.90.960.550.920.830.480.970.860.940.930.6-0.610.940.860.94-0.63
-0.59-0.51-0.54-0.54-0.61-0.490.48-0.77-0.47-0.53-0.6-0.7-0.59-0.54-0.12-0.55-0.42-0.56-0.58-0.051.0-0.49-0.6-0.52-0.63
Click cells to compare fundamentals

VirTra Account Relationship Matchups

VirTra fundamental ratios Accounts

201920202021202220232024 (projected)
Total Assets17.5M22.8M49.6M53.8M69.6M73.1M
Short Long Term Debt Total11.3K1.5M2.5M9.6M8.8M9.2M
Other Current Liab946.2K1.3M5.1M2.1M6.2M6.5M
Total Current Liabilities4.4M7.3M7.6M9.8M15.8M16.5M
Total Stockholder Equity10.2M11.7M31.2M33.7M42.6M44.8M
Property Plant And Equipment Net2.4M2.5M13.6M16.5M16.2M17.0M
Net Debt(2.5M)57.0K(4.3M)(3.9M)(10.1M)(9.6M)
Retained Earnings(3.7M)(2.2M)304.2K2.3M10.7M11.2M
Accounts Payable621.1K345.6K789.4K1.3M2.3M2.4M
Cash1.4M6.8M19.7M13.5M18.8M19.8M
Non Current Assets Total5.9M5.2M16.1M19.7M20.6M21.7M
Non Currrent Assets Other662.1K500.1K189.7K412.2K237.4K127.2K
Cash And Short Term Investments6.0M3.3M6.8M13.5M18.8M19.8M
Net Receivables5.9M6.8M3.9M10.5M16.8M17.7M
Common Stock Shares Outstanding7.7M7.8M10.8M10.9M11.0M6.9M
Liabilities And Stockholders Equity15.2M17.5M22.8M53.8M69.6M73.1M
Non Current Liabilities Total2.9M3.8M10.8M10.4M11.3M11.8M
Other Stockholder Equity16.2M13.9M13.9M31.4M32.0M33.6M
Total Liab7.3M11.1M18.3M20.1M27.0M28.4M
Total Current Assets11.5M17.5M33.5M34.1M49.0M51.4M
Common Stock775.0778.01.1K1.1K1.1K1.1K
Property Plant Equipment678.2K2.4M2.5M13.6M15.7M16.5M
Current Deferred Revenue1.9M2.5M4.7M4.3M6.7M7.1M
Common Stock Total Equity793.0783.0775.0778.0700.2665.19
Property Plant And Equipment Gross2.4M2.5M16.8M20.5M23.5M24.7M
Other Assets2.5M2.5M1.9M1.01.151.09
Inventory1.9M3.5M5.0M9.6M12.4M13.0M
Other Current Assets354.0K382.4K940.9K531.1K906.8K952.1K
Other Liab1.0M1.7M1.9M2.0M2.3M2.4M
Net Tangible Assets10.6M10.0M11.4M30.7M35.3M37.1M
Capital Surpluse15.0M14.3M13.9M13.9M16.0M15.5M

Currently Active Assets on Macroaxis

When determining whether VirTra Inc offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of VirTra's financial statements, including income statements, balance sheets, and cash flow statements, to assess its financial health. Key financial ratios are used to gauge profitability, efficiency, and growth potential of Virtra Inc Stock. Outlined below are crucial reports that will aid in making a well-informed decision on Virtra Inc Stock:
Check out World Market Map to better understand how to build diversified portfolios, which includes a position in VirTra 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 state.
You can also try the Bond Analysis module to evaluate and analyze corporate bonds as a potential investment for your portfolios..
Is Aerospace & Defense 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 VirTra. If investors know VirTra 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 VirTra 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
(0.67)
Earnings Share
0.53
Revenue Per Share
2.888
Quarterly Revenue Growth
(0.01)
Return On Assets
0.0543
The market value of VirTra Inc is measured differently than its book value, which is the value of VirTra that is recorded on the company's balance sheet. Investors also form their own opinion of VirTra's value that differs from its market value or its book value, called intrinsic value, which is VirTra'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 VirTra's market value can be influenced by many factors that don't directly affect VirTra'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 VirTra's value and its price as these two are different measures arrived at by different means. Investors typically determine if VirTra is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, VirTra'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.