VersaBank Total Stockholder Equity vs Earning Assets Analysis

VBNK Stock

24.98 0.33 1.30%

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 Total Stockholder Equity and its Earning Assets 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.

Total Stockholder Equity vs Earning Assets

Total Stockholder Equity vs Earning Assets Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of VersaBank Total Stockholder Equity account and Earning Assets. At this time, the significance of the direction appears to have significant contrarian relationship.

The correlation between VersaBank's Total Stockholder Equity and Earning Assets is -0.25. Overlapping area represents the amount of variation of Total Stockholder Equity that can explain the historical movement of Earning Assets in the same time period over historical financial statements of VersaBank, assuming nothing else is changed. The correlation between historical values of VersaBank's Total Stockholder Equity and Earning Assets is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Total Stockholder Equity of VersaBank are associated (or correlated) with its Earning Assets. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Earning Assets has no effect on the direction of Total Stockholder Equity i.e., VersaBank's Total Stockholder Equity and Earning Assets go up and down completely randomly.

Correlation Coefficient

-0.25

Relationship Direction	Negative
Relationship Strength	Insignificant

View All Relationships

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.

Earning Assets

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 2nd of December 2024, Enterprise Value Over EBITDA is likely to grow to 3.98, while Selling General Administrative is likely to drop about 29.4 M.

	2021	2022	2023	2024 (projected)
Gross Profit	82.4M	108.6M	124.9M	131.2M
Total Revenue	82.4M	108.6M	124.9M	131.2M

Gross Profit Total Revenue

VersaBank fundamental ratios Correlations

	Total Assets	Short Long Term Debt Total	Other Current Liab	Total Current Liabilities	Total Stockholder Equity	Property Plant And Equipment Net	Net Debt	Retained Earnings	Accounts Payable	Cash	Non Current Assets Total	Non Currrent Assets Other	Other Assets	Cash And Short Term Investments	Net Receivables	Common Stock Shares Outstanding	Non Current Liabilities Total	Other Stockholder Equity	Total Liab	Total Current Assets	Common Stock	Long Term Debt	Long Term Debt Total	Capital Surpluse	Property Plant Equipment	Earning Assets
Total Assets		0.7	0.4	-0.39	0.75	0.61	0.54	0.95	-0.39	-0.04	0.78	0.28	1.0	-0.04	0.99	0.8	0.23	-0.28	1.0	0.05	0.75	0.11	0.79	0.96	0.73	-0.45
Short Long Term Debt Total	0.7		0.43	-0.42	0.73	0.5	0.59	0.62	-0.42	-0.15	0.58	0.06	0.7	-0.15	0.73	0.72	0.38	-0.22	0.7	-0.05	0.83	0.36	0.97	0.72	0.55	-0.6
Other Current Liab	0.4	0.43		-1.0	-0.05	-0.18	0.53	0.16	-1.0	-0.32	0.81	-0.52	0.38	-0.32	0.45	0.09	0.25	0.39	0.43	-0.28	0.05	0.03	0.39	0.56	-0.12	-0.5
Total Current Liabilities	-0.39	-0.42	-1.0		0.05	0.19	-0.52	-0.15	1.0	0.32	-0.8	0.53	-0.37	0.32	-0.44	-0.08	-0.25	-0.39	-0.42	0.29	-0.04	-0.03	-0.38	-0.56	0.13	0.5
Total Stockholder Equity	0.75	0.73	-0.05	0.05		0.89	0.3	0.86	0.05	0.06	0.33	0.42	0.76	0.06	0.74	0.95	0.36	-0.56	0.73	0.15	0.95	0.18	0.84	0.69	0.92	-0.25
Property Plant And Equipment Net	0.61	0.5	-0.18	0.19	0.89		-0.03	0.8	0.19	0.36	0.22	0.3	0.61	0.36	0.56	0.79	0.36	-0.4	0.58	0.41	0.83	0.27	0.66	0.52	0.98	-0.15
Net Debt	0.54	0.59	0.53	-0.52	0.3	-0.03		0.37	-0.52	-0.82	0.57	-0.12	0.56	-0.82	0.59	0.49	0.46	-0.17	0.55	-0.77	0.39	0.23	0.56	0.67	0.07	-0.27
Retained Earnings	0.95	0.62	0.16	-0.15	0.86	0.8	0.37		-0.15	0.1	0.6	0.39	0.95	0.1	0.92	0.86	0.26	-0.42	0.94	0.19	0.83	0.15	0.75	0.87	0.89	-0.3
Accounts Payable	-0.39	-0.42	-1.0	1.0	0.05	0.19	-0.52	-0.15		0.32	-0.8	0.53	-0.37	0.32	-0.44	-0.08	-0.25	-0.39	-0.42	0.29	-0.04	-0.03	-0.38	-0.56	0.13	0.5
Cash	-0.04	-0.15	-0.32	0.32	0.06	0.36	-0.82	0.1	0.32		-0.19	0.27	-0.08	1.0	-0.09	-0.16	-0.38	0.04	-0.06	0.99	0.04	-0.02	-0.11	-0.23	0.31	-0.1
Non Current Assets Total	0.78	0.58	0.81	-0.8	0.33	0.22	0.57	0.6	-0.8	-0.19		-0.28	0.76	-0.19	0.76	0.43	0.2	0.3	0.8	-0.13	0.35	0.05	0.63	0.83	0.32	-0.51
Non Currrent Assets Other	0.28	0.06	-0.52	0.53	0.42	0.3	-0.12	0.39	0.53	0.27	-0.28		0.3	0.27	0.3	0.34	-0.45	-0.7	0.26	0.34	0.34	-0.33	0.07	0.09	0.37	0.11
Other Assets	1.0	0.7	0.38	-0.37	0.76	0.61	0.56	0.95	-0.37	-0.08	0.76	0.3		-0.08	0.99	0.81	0.24	-0.31	1.0	0.02	0.76	0.12	0.79	0.96	0.73	-0.44
Cash And Short Term Investments	-0.04	-0.15	-0.32	0.32	0.06	0.36	-0.82	0.1	0.32	1.0	-0.19	0.27	-0.08		-0.09	-0.16	-0.38	0.04	-0.06	0.99	0.04	-0.02	-0.11	-0.23	0.31	-0.1
Net Receivables	0.99	0.73	0.45	-0.44	0.74	0.56	0.59	0.92	-0.44	-0.09	0.76	0.3	0.99	-0.09		0.8	0.25	-0.35	0.99	0.01	0.76	0.12	0.8	0.97	0.69	-0.47
Common Stock Shares Outstanding	0.8	0.72	0.09	-0.08	0.95	0.79	0.49	0.86	-0.08	-0.16	0.43	0.34	0.81	-0.16	0.8		0.46	-0.56	0.78	-0.07	0.91	0.16	0.84	0.79	0.84	-0.26
Non Current Liabilities Total	0.23	0.38	0.25	-0.25	0.36	0.36	0.46	0.26	-0.25	-0.38	0.2	-0.45	0.24	-0.38	0.25	0.46		-0.22	0.22	-0.41	0.48	0.72	0.44	0.42	0.31	-0.23
Other Stockholder Equity	-0.28	-0.22	0.39	-0.39	-0.56	-0.4	-0.17	-0.42	-0.39	0.04	0.3	-0.7	-0.31	0.04	-0.35	-0.56	-0.22		-0.25	0.01	-0.58	-0.14	-0.23	-0.25	-0.45	-0.04
Total Liab	1.0	0.7	0.43	-0.42	0.73	0.58	0.55	0.94	-0.42	-0.06	0.8	0.26	1.0	-0.06	0.99	0.78	0.22	-0.25		0.04	0.73	0.1	0.78	0.96	0.7	-0.46
Total Current Assets	0.05	-0.05	-0.28	0.29	0.15	0.41	-0.77	0.19	0.29	0.99	-0.13	0.34	0.02	0.99	0.01	-0.07	-0.41	0.01	0.04		0.12	-0.08	-0.01	-0.15	0.37	-0.14
Common Stock	0.75	0.83	0.05	-0.04	0.95	0.83	0.39	0.83	-0.04	0.04	0.35	0.34	0.76	0.04	0.76	0.91	0.48	-0.58	0.73	0.12		0.41	0.9	0.72	0.86	-0.4
Long Term Debt	0.11	0.36	0.03	-0.03	0.18	0.27	0.23	0.15	-0.03	-0.02	0.05	-0.33	0.12	-0.02	0.12	0.16	0.72	-0.14	0.1	-0.08	0.41		0.34	0.18	0.23	-0.27
Long Term Debt Total	0.79	0.97	0.39	-0.38	0.84	0.66	0.56	0.75	-0.38	-0.11	0.63	0.07	0.79	-0.11	0.8	0.84	0.44	-0.23	0.78	-0.01	0.9	0.34		0.8	0.7	-0.52
Capital Surpluse	0.96	0.72	0.56	-0.56	0.69	0.52	0.67	0.87	-0.56	-0.23	0.83	0.09	0.96	-0.23	0.97	0.79	0.42	-0.25	0.96	-0.15	0.72	0.18	0.8		0.63	-0.48
Property Plant Equipment	0.73	0.55	-0.12	0.13	0.92	0.98	0.07	0.89	0.13	0.31	0.32	0.37	0.73	0.31	0.69	0.84	0.31	-0.45	0.7	0.37	0.86	0.23	0.7	0.63		-0.2
Earning Assets	-0.45	-0.6	-0.5	0.5	-0.25	-0.15	-0.27	-0.3	0.5	-0.1	-0.51	0.11	-0.44	-0.1	-0.47	-0.26	-0.23	-0.04	-0.46	-0.14	-0.4	-0.27	-0.52	-0.48	-0.2

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VersaBank Account Relationship Matchups

VersaBank fundamental ratios Accounts

	2019	2020	2021	2022	2023	2024 (projected)
Total Assets	1.9B	2.4B	3.3B	4.2B	4.8B	5.1B
Short Long Term Debt Total	16.7M	100.4M	105.0M	110.6M	127.2M	67.1M
Other Current Liab	(100.3M)	(117.7M)	(7.7M)	(9.7M)	(8.7M)	(9.1M)
Total Current Liabilities	100.3M	117.7M	7.7M	9.7M	11.1M	10.6M
Total Stockholder Equity	255.3M	332.1M	349.1M	377.2M	433.7M	238.8M
Property Plant And Equipment Net	10.4M	11.9M	11.0M	10.0M	11.5M	8.1M
Net Debt	(240.9M)	(171.1M)	16.4M	(21.6M)	(24.9M)	(26.1M)
Retained Earnings	73.2M	90.6M	109.3M	146.0M	167.9M	176.3M
Accounts Payable	100.3M	117.7M	7.7M	9.7M	11.1M	10.6M
Cash	257.6M	271.5M	88.6M	132.2M	152.1M	172.6M
Non Current Assets Total	19.1M	22.2M	141.6M	187.4M	215.5M	226.3M
Non Currrent Assets Other	(19.1M)	(2.9M)	(141.6M)	(4.1M)	(4.7M)	(4.9M)
Other Assets	1.7B	2.1B	3.0B	3.9B	4.4B	4.7B
Cash And Short Term Investments	257.6M	271.5M	88.6M	132.2M	152.1M	172.6M
Net Receivables	6.8M	10.8M	18.5M	24.5M	28.2M	29.6M
Liabilities And Stockholders Equity	1.9B	2.4B	3.3B	4.2B	4.8B	5.1B
Non Current Liabilities Total	16.7M	101.3M	2.9B	111.4M	128.1M	121.7M
Total Liab	1.7B	2.1B	2.9B	3.8B	4.4B	4.6B
Total Current Assets	264.5M	282.4M	88.6M	156.8M	180.3M	181.0M
Long Term Debt	109.7M	206.0M	231.1M	106.9M	122.9M	165.0M
Long Term Debt Total	135.2M	112.8M	211.1M	235.5M	270.9M	173.8M
Property Plant Equipment	7.9M	10.4M	11.9M	11.0M	12.6M	9.7M
Earning Assets	16.1M	27.1M	8.6M	953K	857.7K	814.8K
Other Liab	6.1M	4.0M	8.8M	8.8M	10.1M	7.3M
Net Tangible Assets	210.8M	226.0M	322.7M	341.7M	393.0M	285.0M
Inventory	(257.9M)	(274.2M)	(110.8M)	(156.8M)	(141.1M)	(148.2M)
Other Current Assets	257.9M	274.2M	92.4M	156.8M	180.3M	192.7M
Net Invested Capital	239.6M	413.7M	454.0M	470.4M	540.9M	401.9M
Long Term Investments	8.6M	953K	141.6M	168.9M	194.2M	203.9M

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 together with VersaBank Stock

0.82	NVDA	NVIDIA CDR	Pair Corr
0.83	AMZN	Amazon CDR	Pair Corr
0.74	GOOG	Alphabet CDR	Pair Corr

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 Correlation Correlation 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:

How To Invest In VersaBank

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Is VersaBank Stock a good investment?

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What is VersaBank's Net Worth?

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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 Analyst Advice module to analyst recommendations and target price estimates broken down by several categories.

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.

Macroaxis helps investors of all levels and skills to maximize the upside of all their holdings and minimize the risk associated with market volatility, economic swings, and company-specific events. View terms and conditions

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VersaBank Total Stockholder Equity vs Earning Assets Analysis

Total Stockholder Equity vs Earning Assets

Total Stockholder Equity vs Earning Assets Correlation Analysis

Correlation Coefficient

Total Stockholder Equity

Earning Assets

VersaBank fundamental ratios Correlations

VersaBank Account Relationship Matchups

High Positive Relationship

High Negative Relationship

VersaBank fundamental ratios Accounts

Pair Trading with VersaBank

Moving together with VersaBank Stock

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Other Assets	+ 1.0	Total Assets
Total Liab	+ 1.0	Total Assets
Accounts Payable	+ 1.0	Total Current Liabilities
Cash And Short Term Investments	+ 1.0	Cash
Total Liab	+ 1.0	Other Assets
Net Receivables	+ 0.99	Total Assets

Accounts Payable	- 1.0	Other Current Liab
Total Current Liabilities	- 1.0	Other Current Liab
Cash And Short Term Investments	- 0.82	Net Debt
Cash	- 0.82	Net Debt
Non Current Assets Total	- 0.8	Accounts Payable
Non Current Assets Total	- 0.8	Total Current Liabilities