VersaBank Free Cash Flow Yield vs Days Sales Outstanding Analysis

VBNK Stock   18.17  0.08  0.44%   
VersaBank financial indicator trend analysis is much more than just breaking down VersaBank prevalent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether VersaBank is a good investment. Please check the relationship between VersaBank Free Cash Flow Yield and its Days Sales Outstanding accounts. Check out World Market Map to better understand how to build diversified portfolios, which includes a position in VersaBank. 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.
To learn how to invest in VersaBank Stock, please use our How to Invest in VersaBank guide.

Free Cash Flow Yield vs Days Sales Outstanding

Free Cash Flow Yield vs Days Sales Outstanding Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of VersaBank Free Cash Flow Yield account and Days Sales Outstanding. At this time, the significance of the direction appears to have weak contrarian relationship.
The correlation between VersaBank's Free Cash Flow Yield and Days Sales Outstanding is -0.09. Overlapping area represents the amount of variation of Free Cash Flow Yield that can explain the historical movement of Days Sales Outstanding in the same time period over historical financial statements of VersaBank, assuming nothing else is changed. The correlation between historical values of VersaBank's Free Cash Flow Yield and Days Sales Outstanding is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Free Cash Flow Yield of VersaBank are associated (or correlated) with its Days Sales Outstanding. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Days Sales Outstanding has no effect on the direction of Free Cash Flow Yield i.e., VersaBank's Free Cash Flow Yield and Days Sales Outstanding go up and down completely randomly.

Correlation Coefficient

-0.09
Relationship DirectionNegative 
Relationship StrengthInsignificant

Free Cash Flow Yield

A financial solvency ratio that compares the free cash flow per share a company is expected to earn against its market value per share, calculated as free cash flow per share divided by market price per share.

Days Sales Outstanding

Most indicators from VersaBank's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into VersaBank 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 VersaBank. 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.
To learn how to invest in VersaBank Stock, please use our How to Invest in VersaBank guide.At this time, VersaBank's Tax Provision is very stable compared to the past year. As of the 1st of March 2025, Sales General And Administrative To Revenue is likely to grow to 0.58, while Selling General Administrative is likely to drop about 31.3 M.
 2022 2024 2025 (projected)
Gross Profit108.6M124.9M131.2M
Total Revenue108.6M128.4M134.8M

VersaBank fundamental ratios Correlations

0.710.45-0.440.780.940.570.97-0.440.330.810.330.99-0.070.990.80.15-0.271.00.040.73-0.080.780.950.72-0.48
0.710.47-0.470.770.550.620.66-0.470.210.620.120.73-0.180.720.740.34-0.240.71-0.070.850.190.970.750.58-0.62
0.450.47-1.00.070.320.550.27-1.0-0.090.82-0.460.43-0.330.490.150.230.360.48-0.290.11-0.070.430.59-0.06-0.53
-0.44-0.47-1.0-0.06-0.31-0.55-0.261.00.09-0.810.46-0.420.34-0.48-0.14-0.23-0.37-0.470.29-0.10.07-0.43-0.590.070.52
0.780.770.07-0.060.70.380.86-0.060.40.430.460.810.010.750.960.3-0.530.760.130.950.010.870.750.92-0.31
0.940.550.32-0.310.70.380.93-0.310.510.690.380.890.090.940.690.03-0.250.930.180.64-0.10.640.820.69-0.37
0.570.620.55-0.550.380.380.44-0.55-0.50.6-0.070.6-0.820.590.530.43-0.180.57-0.760.430.120.590.70.13-0.3
0.970.660.27-0.260.860.930.44-0.260.410.680.420.970.040.950.860.17-0.390.960.150.81-0.040.770.90.85-0.36
-0.44-0.47-1.01.0-0.06-0.31-0.55-0.260.09-0.810.46-0.420.34-0.48-0.14-0.23-0.37-0.470.29-0.10.07-0.43-0.590.070.52
0.330.21-0.090.090.40.51-0.50.410.090.130.370.260.810.320.21-0.36-0.020.320.870.33-0.20.270.120.51-0.24
0.810.620.82-0.810.430.690.60.68-0.810.13-0.210.78-0.220.790.490.180.270.82-0.130.4-0.090.670.850.37-0.53
0.330.12-0.460.460.460.38-0.070.420.460.37-0.210.340.250.350.37-0.45-0.70.320.330.37-0.380.130.140.40.07
0.990.730.43-0.420.810.890.60.97-0.420.260.780.34-0.110.980.840.21-0.320.990.00.78-0.050.810.970.75-0.47
-0.07-0.18-0.330.340.010.09-0.820.040.340.81-0.220.25-0.11-0.1-0.19-0.370.05-0.080.990.010.02-0.15-0.250.26-0.07
0.990.720.49-0.480.750.940.590.95-0.480.320.790.350.98-0.10.780.14-0.30.990.010.72-0.090.770.950.67-0.48
0.80.740.15-0.140.960.690.530.86-0.140.210.490.370.84-0.190.780.43-0.560.79-0.080.920.040.850.820.85-0.31
0.150.340.23-0.230.30.030.430.17-0.23-0.360.18-0.450.21-0.370.140.43-0.220.14-0.410.450.70.390.380.29-0.22
-0.27-0.240.36-0.37-0.53-0.25-0.18-0.39-0.37-0.020.27-0.7-0.320.05-0.3-0.56-0.22-0.250.01-0.58-0.1-0.24-0.26-0.45-0.02
1.00.710.48-0.470.760.930.570.96-0.470.320.820.320.99-0.080.990.790.14-0.250.030.72-0.090.780.950.7-0.48
0.04-0.07-0.290.290.130.18-0.760.150.290.87-0.130.330.00.990.01-0.08-0.410.010.030.11-0.06-0.03-0.150.35-0.12
0.730.850.11-0.10.950.640.430.81-0.10.330.40.370.780.010.720.920.45-0.580.720.110.270.90.740.87-0.43
-0.080.19-0.070.070.01-0.10.12-0.040.07-0.2-0.09-0.38-0.050.02-0.090.040.7-0.1-0.09-0.060.270.160.020.11-0.17
0.780.970.43-0.430.870.640.590.77-0.430.270.670.130.81-0.150.770.850.39-0.240.78-0.030.90.160.820.73-0.55
0.950.750.59-0.590.750.820.70.9-0.590.120.850.140.97-0.250.950.820.38-0.260.95-0.150.740.020.820.66-0.51
0.720.58-0.060.070.920.690.130.850.070.510.370.40.750.260.670.850.29-0.450.70.350.870.110.730.66-0.24
-0.48-0.62-0.530.52-0.31-0.37-0.3-0.360.52-0.24-0.530.07-0.47-0.07-0.48-0.31-0.22-0.02-0.48-0.12-0.43-0.17-0.55-0.51-0.24
Click cells to compare fundamentals

VersaBank Account Relationship Matchups

VersaBank fundamental ratios Accounts

202020212022202320242025 (projected)
Total Assets2.4B3.3B4.2B4.8B5.6B5.8B
Short Long Term Debt Total16.7M100.4M105.0M110.6M127.2M67.1M
Other Current Liab(100.3M)(117.7M)(7.7M)(9.7M)(8.7M)(9.1M)
Total Current Liabilities100.3M117.7M7.7M9.7M11.1M10.6M
Total Stockholder Equity332.1M349.1M377.2M399.2M459.1M253.1M
Property Plant And Equipment Net11.9M11.0M10.0M26.6M30.6M32.1M
Net Debt(240.9M)(171.1M)16.4M(21.6M)(24.9M)(26.1M)
Retained Earnings90.6M109.3M146.0M181.2M208.4M218.8M
Accounts Payable100.3M117.7M7.7M9.7M11.1M10.6M
Cash271.5M88.6M132.2M225.3M259.0M178.0M
Non Current Assets Total19.1M22.2M141.6M187.4M215.5M226.3M
Non Currrent Assets Other(19.1M)(2.9M)(141.6M)(4.1M)(4.7M)(4.9M)
Other Assets1.7B2.1B3.0B3.9B4.4B4.7B
Cash And Short Term Investments257.6M271.5M88.6M132.2M152.1M172.6M
Net Receivables10.8M18.5M24.5M32.5M37.4M39.2M
Common Stock Shares Outstanding21.8M27.4M26.3M26.0M29.9M23.0M
Liabilities And Stockholders Equity1.9B2.4B3.3B4.2B4.8B5.1B
Non Current Liabilities Total16.7M101.3M2.9B111.4M128.1M121.7M
Total Liab2.1B2.9B3.8B4.4B5.1B5.4B
Total Current Assets264.5M282.4M88.6M156.8M180.3M181.0M
Long Term Debt206.0M231.1M106.9M102.5M117.9M159.2M
Long Term Debt Total135.2M112.8M211.1M235.5M270.9M173.8M
Property Plant Equipment7.9M10.4M11.9M11.0M12.6M9.7M
Other Liab6.1M4.0M8.8M8.8M10.1M7.3M
Net Tangible Assets210.8M226.0M322.7M341.7M393.0M285.0M
Inventory(257.9M)(274.2M)(110.8M)(156.8M)(141.1M)(148.2M)
Other Current Assets257.9M274.2M92.4M156.8M180.3M192.7M
Net Invested Capital413.7M454.0M470.4M501.7M577.0M426.9M
Long Term Investments953K141.6M168.9M300.3M345.3M362.6M
Capital Stock241.3M238.0M228.5M215.6M248.0M236.0M
Capital Lease Obligations5.1M4.5M3.8M6.1M7.0M5.0M
Property Plant And Equipment Gross21.7M22.3M21.9M40.2M46.2M27.6M

Pair Trading with VersaBank

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 VersaBank 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 VersaBank will appreciate offsetting losses from the drop in the long position's value.

Moving against VersaBank Stock

  0.85FFH-PM Fairfax FinancialPairCorr
  0.73FFH-PH Fairfax FinancialPairCorr
  0.65CAE CAE IncPairCorr
  0.55FFH-PJ Fairfax FinancialPairCorr
  0.55FFH-PI Fairfax FinancialPairCorr
The ability to find closely correlated positions to VersaBank could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace VersaBank 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 VersaBank - 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 VersaBank to buy it.
The correlation of VersaBank 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 VersaBank moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if VersaBank 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 VersaBank 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
When determining whether VersaBank is a good investment, qualitative aspects like company management, corporate governance, and ethical practices play a significant role. A comparison with peer companies also provides context and helps to understand if VersaBank Stock is undervalued or overvalued. This multi-faceted approach, blending both quantitative and qualitative analysis, forms a solid foundation for making an informed investment decision about Versabank Stock. Highlighted below are key reports to facilitate an investment decision about Versabank Stock:
Check out World Market Map to better understand how to build diversified portfolios, which includes a position in VersaBank. 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.
To learn how to invest in VersaBank Stock, please use our How to Invest in VersaBank guide.
You can also try the Price Exposure Probability module to analyze equity upside and downside potential for a given time horizon across multiple markets.
Please note, there is a significant difference between VersaBank's value and its price as these two are different measures arrived at by different means. Investors typically determine if VersaBank is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, VersaBank'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.