Vendetta Current Deferred Revenue vs Net Working Capital Analysis
VTT Stock | CAD 0.01 0.01 50.00% |
Vendetta Mining financial indicator trend analysis is much more than just breaking down Vendetta Mining Corp prevalent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Vendetta Mining Corp is a good investment. Please check the relationship between Vendetta Mining Current Deferred Revenue and its Net Working Capital accounts. Check out World Market Map to better understand how to build diversified portfolios, which includes a position in Vendetta Mining 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 board of governors.
Current Deferred Revenue vs Net Working Capital
Current Deferred Revenue vs Net Working Capital Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Vendetta Mining Corp Current Deferred Revenue account and Net Working Capital. At this time, the significance of the direction appears to have strong contrarian relationship.
The correlation between Vendetta Mining's Current Deferred Revenue and Net Working Capital is -0.62. Overlapping area represents the amount of variation of Current Deferred Revenue that can explain the historical movement of Net Working Capital in the same time period over historical financial statements of Vendetta Mining Corp, assuming nothing else is changed. The correlation between historical values of Vendetta Mining's Current Deferred Revenue and Net Working Capital is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Current Deferred Revenue of Vendetta Mining Corp are associated (or correlated) with its Net Working Capital. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Net Working Capital has no effect on the direction of Current Deferred Revenue i.e., Vendetta Mining's Current Deferred Revenue and Net Working Capital go up and down completely randomly.
Correlation Coefficient | -0.62 |
Relationship Direction | Negative |
Relationship Strength | Weak |
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.Net Working Capital
Most indicators from Vendetta Mining's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Vendetta Mining 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 Vendetta Mining 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 board of governors. Enterprise Value is likely to climb to about 9 M in 2024, whereas Selling General Administrative is likely to drop slightly above 156.1 K in 2024.
Vendetta Mining fundamental ratios Correlations
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Vendetta Mining Account Relationship Matchups
High Positive Relationship
High Negative Relationship
Vendetta Mining fundamental ratios Accounts
2019 | 2020 | 2021 | 2022 | 2023 | 2024 (projected) | ||
Total Assets | 6.2M | 6.3M | 7.7M | 6.4M | 6.1M | 3.8M | |
Total Current Liabilities | 4.1M | 3.2M | 444.5K | 502.1K | 882.1K | 903.8K | |
Total Stockholder Equity | 2.1M | 3.1M | 7.2M | 5.9M | 5.2M | 2.7M | |
Property Plant And Equipment Net | 6.0M | 6.0M | 6.0M | 6.1M | 6.0M | 6.3M | |
Net Debt | 3.4M | 2.3M | (1.5M) | (216.5K) | (249.0K) | (236.6K) | |
Retained Earnings | (18.6M) | (19.3M) | (20.9M) | (23.3M) | (24.0M) | (22.8M) | |
Cash | 157.3K | 253.4K | 1.5M | 285.6K | 18.3K | 17.4K | |
Non Current Assets Total | 6.0M | 6.0M | 6.0M | 6.1M | 6.0M | 6.3M | |
Cash And Short Term Investments | 157.3K | 253.4K | 1.5M | 285.6K | 328.4K | 312.0K | |
Net Receivables | 2.4K | 41.8K | 107.6K | 19.7K | 22.1K | 39.8K | |
Liabilities And Stockholders Equity | 6.2M | 6.3M | 7.7M | 6.4M | 7.4M | 7.7M | |
Other Stockholder Equity | 201K | 129.4K | 222K | 6K | 5.4K | 5.1K | |
Total Liab | 4.1M | 3.2M | 444.5K | 536.8K | 882.1K | 1.1M | |
Total Current Assets | 181.0K | 298.9K | 1.6M | 335.5K | 50.6K | 48.1K | |
Accumulated Other Comprehensive Income | 1.3M | 1.6M | 1.6M | 1.6M | 1.8M | 943.7K | |
Common Stock Shares Outstanding | 173.3M | 204.9M | 247.1M | 306.3M | 323.2M | 339.3M | |
Accounts Payable | 366.45 | 357.83 | 270.21 | 94.47 | 85.02 | 80.77 | |
Other Current Assets | 21.3K | 3.8K | 21.0K | 30.1K | 27.1K | 21.7K | |
Common Stock | 19.0M | 20.7M | 26.2M | 27.6M | 31.7M | 33.3M | |
Other Current Liab | 537.6K | 592.7K | 444.2K | 467.7K | 537.9K | 406.4K | |
Net Tangible Assets | 2.1M | 3.1M | 7.2M | 5.9M | 6.8M | 7.1M | |
Property Plant Equipment | 6.0M | 6.0M | 6.0M | 6.1M | 7.0M | 3.8M | |
Net Invested Capital | 5.7M | 5.7M | 7.2M | 5.9M | 5.2M | 5.8M | |
Net Working Capital | (3.9M) | (2.9M) | 1.2M | (166.6K) | (831.4K) | (789.8K) | |
Capital Stock | 19.0M | 20.7M | 26.2M | 27.6M | 31.7M | 25.3M |
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When running Vendetta Mining's price analysis, check to measure Vendetta Mining's 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 Vendetta Mining is operating at the current time. Most of Vendetta Mining's value examination focuses on studying past and present price action to predict the probability of Vendetta Mining's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Vendetta Mining's price. Additionally, you may evaluate how the addition of Vendetta Mining to your portfolios can decrease your overall portfolio volatility.