Vecima Historical Balance Sheet

VCM Stock  CAD 16.90  0.05  0.30%   
Trend analysis of Vecima Networks balance sheet accounts such as Total Assets of 407.2 M, Short Long Term Debt Total of 73 M, Total Stockholder Equity of 152.4 M or Net Debt of 70.8 M provides information on Vecima Networks' total assets, liabilities, and equity, which is the actual value of Vecima Networks to its prevalent stockholders. By breaking down trends over time using Vecima Networks balance sheet statements, investors will see what precisely the company owns and what it owes to creditors or other parties at the end of each accounting year.
 
Housing Crash
 
Credit Downgrade
 
Yuan Drop
 
Covid
Financial Statement Analysis is much more than just reviewing and examining Vecima Networks latest accounting reports to predict its past. Macroaxis encourages investors to analyze financial statements over time for various trends across multiple indicators and accounts to determine whether Vecima Networks is a good buy for the upcoming year.

Vecima Networks Inventory

142.84 Million

  
Check out World Market Map to better understand how to build diversified portfolios, which includes a position in Vecima Networks. 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.

About Vecima Balance Sheet Analysis

Balance Sheet is a snapshot of the financial position of Vecima Networks at a specified time, usually calculated after every quarter, six months, or one year. Vecima Networks Balance Sheet has two main parts: assets and liabilities. Liabilities are the debts or obligations of Vecima Networks and are divided into current liabilities and long term liabilities. An asset, on the other hand, is anything of value that can be converted into cash and which Vecima currently owns. An asset can also be divided into two categories, current and non-current.

Vecima Networks Balance Sheet Chart

At this time, Vecima Networks' Total Current Assets are very stable compared to the past year. As of the 11th of December 2024, Other Current Liabilities is likely to grow to about 24.8 M, while Total Stockholder Equity is likely to drop about 152.4 M.

Total Assets

Total assets refers to the total amount of Vecima Networks assets owned. Assets are items that have some economic value and are expended over time to create a benefit for the owner. These assets are usually recorded in Vecima Networks books under different categories such as cash, marketable securities, accounts receivable,prepaid expenses, inventory, fixed assets, intangible assets, other assets, marketable securities, accounts receivable, prepaid expenses and others. The total value of all owned resources that are expected to provide future economic benefits to the business, including cash, investments, accounts receivable, inventory, property, plant, equipment, and intangible assets.

Total Stockholder Equity

The total equity held by shareholders, calculated as the difference between a company's total assets and total liabilities. It represents the net value of the company owned by shareholders.
Most accounts from Vecima Networks' balance sheet are interrelated and interconnected. However, analyzing balance sheet accounts one by one will only give a small insight into Vecima Networks current financial condition. On the other hand, looking into the entire matrix of balance sheet accounts, 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 Vecima Networks. 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.
At this time, Vecima Networks' Total Current Assets are very stable compared to the past year. As of the 11th of December 2024, Other Current Liabilities is likely to grow to about 24.8 M, while Total Stockholder Equity is likely to drop about 152.4 M.
 2021 2022 2023 2024 (projected)
Short and Long Term Debt Total16.9M36.9M69.6M73.0M
Total Assets262.6M331.7M387.8M407.2M

Vecima Networks balance sheet Correlations

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0.870.360.97-0.580.56-0.630.390.84-0.210.970.890.730.98-0.060.890.270.970.480.890.910.980.630.480.99-0.18
0.730.360.3-0.020.610.090.890.19-0.470.440.650.50.43-0.310.530.970.370.840.260.480.390.580.270.320.51
0.810.970.3-0.750.52-0.590.30.83-0.220.930.870.690.94-0.10.840.220.930.390.860.860.970.620.370.97-0.24
-0.38-0.58-0.02-0.75-0.220.30.04-0.530.16-0.52-0.52-0.35-0.530.18-0.430.01-0.520.01-0.5-0.44-0.6-0.40.07-0.580.31
0.670.560.610.52-0.22-0.590.430.62-0.220.670.510.740.66-0.270.740.530.620.880.250.720.550.680.550.50.5
-0.4-0.630.09-0.590.3-0.590.08-0.81-0.22-0.68-0.32-0.6-0.68-0.29-0.640.23-0.69-0.35-0.32-0.71-0.64-0.5-0.53-0.580.01
0.740.390.890.30.040.430.080.16-0.450.450.70.420.430.00.490.830.410.670.330.520.440.440.30.350.3
0.70.840.190.83-0.530.62-0.810.16-0.120.910.680.880.90.020.90.110.90.480.580.880.850.750.590.770.04
-0.4-0.21-0.47-0.220.16-0.22-0.22-0.45-0.12-0.25-0.36-0.46-0.240.41-0.34-0.6-0.18-0.39-0.21-0.09-0.21-0.3-0.11-0.2-0.28
0.920.970.440.93-0.520.67-0.680.450.91-0.250.890.861.0-0.060.970.360.980.610.780.960.970.760.560.930.01
0.960.890.650.87-0.520.51-0.320.70.68-0.360.890.710.89-0.10.850.580.860.570.80.860.920.690.380.87-0.03
0.810.730.50.69-0.350.74-0.60.420.88-0.460.860.710.84-0.190.950.470.790.740.440.820.750.890.580.650.42
0.910.980.430.94-0.530.66-0.680.430.9-0.241.00.890.84-0.080.960.340.980.590.80.950.980.740.540.95-0.02
-0.2-0.06-0.31-0.10.18-0.27-0.290.00.020.41-0.06-0.1-0.19-0.08-0.18-0.46-0.02-0.32-0.120.050.03-0.20.22-0.09-0.45
0.920.890.530.84-0.430.74-0.640.490.9-0.340.970.850.950.96-0.180.470.930.730.650.930.90.860.560.830.24
0.660.270.970.220.010.530.230.830.11-0.60.360.580.470.34-0.460.470.280.80.210.350.290.520.20.240.56
0.880.970.370.93-0.520.62-0.690.410.9-0.180.980.860.790.98-0.020.930.280.540.830.950.960.650.60.93-0.09
0.750.480.840.390.010.88-0.350.670.48-0.390.610.570.740.59-0.320.730.80.540.240.650.490.710.520.420.65
0.730.890.260.86-0.50.25-0.320.330.58-0.210.780.80.440.8-0.120.650.210.830.240.680.830.270.40.92-0.45
0.90.910.480.86-0.440.72-0.710.520.88-0.090.960.860.820.950.050.930.350.950.650.680.920.750.60.850.08
0.880.980.390.97-0.60.55-0.640.440.85-0.210.970.920.750.980.030.90.290.960.490.830.920.70.460.96-0.16
0.760.630.580.62-0.40.68-0.50.440.75-0.30.760.690.890.74-0.20.860.520.650.710.270.750.70.270.550.51
0.460.480.270.370.070.55-0.530.30.59-0.110.560.380.580.540.220.560.20.60.520.40.60.460.270.420.02
0.840.990.320.97-0.580.5-0.580.350.77-0.20.930.870.650.95-0.090.830.240.930.420.920.850.960.550.42-0.26
0.19-0.180.51-0.240.310.50.010.30.04-0.280.01-0.030.42-0.02-0.450.240.56-0.090.65-0.450.08-0.160.510.02-0.26
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Vecima Networks Account Relationship Matchups

Vecima Networks balance sheet Accounts

201920202021202220232024 (projected)
Total Assets210.3M214.7M262.6M331.7M387.8M407.2M
Short Long Term Debt Total6.3M5.7M16.9M36.9M69.6M73.0M
Total Stockholder Equity179.8M174.9M179.7M217.7M235.0M152.4M
Net Debt(11.0M)(23.2M)4.0M34.6M67.4M70.8M
Cash17.4M28.9M12.9M2.3M2.1M2.0M
Other Assets78.3M88.0M92.7M108.5M124.8M65.0M
Cash And Short Term Investments34.5M28.9M12.9M2.3M2.1M2.0M
Common Stock Shares Outstanding22.4M22.7M23.1M23.7M24.3M23.9M
Liabilities And Stockholders Equity210.3M214.7M262.6M331.7M387.8M407.2M
Non Current Liabilities Total6.2M6.9M20.0M19.2M20.1M21.1M
Other Stockholder Equity5.9M2.3M2.9M2.7M2.5M2.3M
Total Liab30.5M39.8M82.9M114.0M152.9M160.5M
Total Current Assets79.7M77.7M121.5M178.5M217.6M228.5M
Other Current Liab11.0M17.4M27.4M29.9M23.6M24.8M
Total Current Liabilities24.4M32.9M62.9M94.8M132.7M139.4M
Property Plant And Equipment Net15.8M17.5M19.1M18.0M16.6M17.9M
Current Deferred Revenue5.0M7.1M12.1M15.1M15.9M16.6M
Retained Earnings170.7M165.3M168.9M190.9M205.0M138.7M
Accounts Payable6.6M6.2M21.4M19.3M36.3M38.2M
Non Current Assets Total130.6M137.0M141.1M153.2M170.2M99.6M
Non Currrent Assets Other1.3M1.3M1.4M1.3M108.7M114.1M
Net Receivables25.9M29.7M51.7M60.9M72.8M76.4M
Inventory17.2M15.6M49.6M101.6M136.0M142.8M
Other Current Assets3.5M3.5M7.3M14.3M6.6M7.0M
Property Plant And Equipment Gross15.8M51.4M55.6M18.0M59.1M30.5M
Short Term Debt1.7M1.6M1.8M22.8M54.2M56.9M
Accumulated Other Comprehensive Income5.9M2.3M2.9M2.7M5.9M6.2M
Intangible Assets69.2M72.2M75.9M83.0M8.2M7.8M
Good Will15.5M14.5M14.8M15.0M15.3M7.7M
Common Stock3.2M7.3M7.9M24.0M24.1M25.3M
Other Liab1.5M2.8M4.8M5.1M5.9M6.2M
Net Tangible Assets143.2M143.4M150.5M191.0M219.6M168.2M
Long Term Debt1.5M4.1M15.1M12.9M11.8M5.9M
Deferred Long Term Liab48.1M55.3M61.5M71.4M82.1M42.5M
Short Long Term Debt1.7M1.6M1.8M22.8M53.0M55.7M
Property Plant Equipment15.8M17.5M19.1M18.0M16.2M13.3M
Long Term Debt Total4.6M4.1M15.1M14.1M16.2M17.1M

Pair Trading with Vecima Networks

One of the main advantages of trading using pair correlations is that every trade hedges away some risk. Because there are two separate transactions required, even if Vecima Networks position performs unexpectedly, the other equity can make up some of the losses. Pair trading also minimizes risk from directional movements in the market. For example, if an entire industry or sector drops because of unexpected headlines, the short position in Vecima Networks will appreciate offsetting losses from the drop in the long position's value.

Moving together with Vecima Stock

  0.76RCI-A Rogers CommunicationsPairCorr
  0.88ARA Aclara ResourcesPairCorr

Moving against Vecima Stock

  0.82BUI Buhler IndustriesPairCorr
The ability to find closely correlated positions to Vecima Networks could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Vecima Networks when you sell it. If you don't do this, your portfolio allocation will be skewed against your target asset allocation. So, investors can't just sell and buy back Vecima Networks - that would be a violation of the tax code under the "wash sale" rule, and this is why you need to find a similar enough asset and use the proceeds from selling Vecima Networks to buy it.
The correlation of Vecima Networks is a statistical measure of how it moves in relation to other instruments. This measure is expressed in what is known as the correlation coefficient, which ranges between -1 and +1. A perfect positive correlation (i.e., a correlation coefficient of +1) implies that as Vecima Networks moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Vecima Networks moves in either direction, the perfectly negatively correlated security will move in the opposite direction. If the correlation is 0, the equities are not correlated; they are entirely random. A correlation greater than 0.8 is generally described as strong, whereas a correlation less than 0.5 is generally considered weak.
Correlation analysis and pair trading evaluation for Vecima Networks can also be used as hedging techniques within a particular sector or industry or even over random equities to generate a better risk-adjusted return on your portfolios.
Pair CorrelationCorrelation Matching

Other Information on Investing in Vecima Stock

Balance Sheet is a snapshot of the financial position of Vecima Networks at a specified time, usually calculated after every quarter, six months, or one year. Vecima Networks Balance Sheet has two main parts: assets and liabilities. Liabilities are the debts or obligations of Vecima Networks and are divided into current liabilities and long term liabilities. An asset, on the other hand, is anything of value that can be converted into cash and which Vecima currently owns. An asset can also be divided into two categories, current and non-current.