Virax Total Current Assets from 2010 to 2024

VRAX Stock  USD 2.07  0.05  2.48%   
Virax Biolabs Total Current Assets yearly trend continues to be fairly stable with very little volatility. Total Current Assets will likely drop to about 3.1 M in 2024. Total Current Assets is the total value of all assets that are expected to be converted into cash within one year or during the normal operating cycle. View All Fundamentals
 
Total Current Assets  
First Reported
2010-12-31
Previous Quarter
4.4 M
Current Value
3.1 M
Quarterly Volatility
2.7 M
 
Credit Downgrade
 
Yuan Drop
 
Covid
Check Virax Biolabs financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among Virax Biolabs' main balance sheet or income statement drivers, such as Tax Provision of 0.0, Depreciation And Amortization of 97.9 K or Interest Expense of 28.3 K, as well as many indicators such as Price To Sales Ratio of 8.96, Dividend Yield of 0.0 or PTB Ratio of 0.29. Virax financial statements analysis is a perfect complement when working with Virax Biolabs Valuation or Volatility modules.
  
Check out the analysis of Virax Biolabs Correlation against competitors.

Latest Virax Biolabs' Total Current Assets Growth Pattern

Below is the plot of the Total Current Assets of Virax Biolabs Group over the last few years. It is the total value of all assets that are expected to be converted into cash within one year or during the normal operating cycle. Virax Biolabs' Total Current Assets historical data analysis aims to capture in quantitative terms the overall pattern of either growth or decline in Virax Biolabs' overall financial position and show how it may be relating to other accounts over time.
Total Current Assets10 Years Trend
Slightly volatile
   Total Current Assets   
       Timeline  

Virax Total Current Assets Regression Statistics

Arithmetic Mean1,162,415
Geometric Mean72,957
Coefficient Of Variation231.52
Mean Deviation1,817,942
Median22,609
Standard Deviation2,691,237
Sample Variance7.2T
Range9.6M
R-Value0.57
Mean Square Error5.3T
R-Squared0.32
Significance0.03
Slope342,689
Total Sum of Squares101.4T

Virax Total Current Assets History

20243.1 M
20234.4 M
20229.6 M
202148.7 K
202039.6 K

About Virax Biolabs Financial Statements

Virax Biolabs investors use historical fundamental indicators, such as Virax Biolabs' Total Current Assets, to determine how well the company is positioned to perform in the future. Understanding over-time patterns can help investors decide on long-term investments in Virax Biolabs. Please read more on our technical analysis and fundamental analysis pages.
Last ReportedProjected for Next Year
Total Current Assets4.4 M3.1 M

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Additional Tools for Virax Stock Analysis

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.