Venus Total Current Assets vs Long Term Debt Total Analysis

VERO Stock  USD 0.35  0  0.57%   
Venus Concept financial indicator trend analysis is much more than just breaking down Venus Concept prevalent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Venus Concept is a good investment. Please check the relationship between Venus Concept Total Current Assets and its Long Term Debt Total accounts. Check out World Market Map to better understand how to build diversified portfolios, which includes a position in Venus Concept. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in metropolitan statistical area.
To learn how to invest in Venus Stock, please use our How to Invest in Venus Concept guide.

Total Current Assets vs Long Term Debt Total

Total Current Assets vs Long Term Debt Total Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Venus Concept Total Current Assets account and Long Term Debt Total. At this time, the significance of the direction appears to have very strong relationship.
The correlation between Venus Concept's Total Current Assets and Long Term Debt Total is 0.86. Overlapping area represents the amount of variation of Total Current Assets that can explain the historical movement of Long Term Debt Total in the same time period over historical financial statements of Venus Concept, assuming nothing else is changed. The correlation between historical values of Venus Concept's Total Current Assets and Long Term Debt Total 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 Current Assets of Venus Concept are associated (or correlated) with its Long Term Debt Total. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Long Term Debt Total has no effect on the direction of Total Current Assets i.e., Venus Concept's Total Current Assets and Long Term Debt Total go up and down completely randomly.

Correlation Coefficient

0.86
Relationship DirectionPositive 
Relationship StrengthStrong

Total Current Assets

The total value of all assets that are expected to be converted into cash within one year or during the normal operating cycle.

Long Term Debt Total

Most indicators from Venus Concept's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Venus Concept 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 Venus Concept. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in metropolitan statistical area.
To learn how to invest in Venus Stock, please use our How to Invest in Venus Concept guide.As of the 11th of December 2024, Issuance Of Capital Stock is likely to grow to about 20.1 M, while Selling General Administrative is likely to drop about 32.2 M.
 2023 2024 (projected)
Depreciation And Amortization4.1M2.8M
Interest Income12.0M12.6M

Venus Concept fundamental ratios Correlations

0.910.990.940.840.730.970.79-0.20.910.240.970.960.460.890.240.990.590.83-0.420.690.820.730.7-0.150.71
0.910.910.910.730.880.830.92-0.470.940.060.830.980.190.990.060.920.810.94-0.340.730.970.770.76-0.070.83
0.990.910.970.850.760.950.81-0.240.920.190.960.950.460.880.190.990.60.83-0.460.730.820.680.73-0.190.68
0.940.910.970.840.870.940.86-0.340.950.010.940.940.40.860.010.940.660.83-0.510.760.860.680.77-0.240.71
0.840.730.850.840.620.80.62-0.340.850.270.790.820.750.70.270.850.510.66-0.840.920.670.640.91-0.650.61
0.730.880.760.870.620.710.9-0.540.86-0.280.710.830.040.82-0.280.740.770.82-0.380.690.90.620.73-0.140.66
0.970.830.950.940.80.710.75-0.110.880.140.990.910.470.790.140.940.510.75-0.40.610.750.680.62-0.130.69
0.790.920.810.860.620.90.75-0.650.9-0.280.750.880.020.88-0.280.810.920.97-0.350.660.930.580.72-0.110.75
-0.2-0.47-0.24-0.34-0.34-0.54-0.11-0.65-0.480.41-0.07-0.40.12-0.440.41-0.24-0.86-0.630.49-0.61-0.54-0.3-0.670.45-0.51
0.910.940.920.950.850.860.880.9-0.48-0.040.880.950.410.91-0.040.910.760.89-0.550.840.930.680.85-0.30.83
0.240.060.190.010.27-0.280.14-0.280.41-0.040.120.160.50.121.00.25-0.28-0.1-0.080.14-0.110.420.08-0.060.09
0.970.830.960.940.790.710.990.75-0.070.880.120.890.470.790.120.950.480.75-0.380.590.750.60.6-0.110.62
0.960.980.950.940.820.830.910.88-0.40.950.160.890.360.960.160.960.750.91-0.430.770.920.830.79-0.170.85
0.460.190.460.40.750.040.470.020.120.410.50.470.360.210.50.46-0.110.09-0.730.60.110.310.54-0.670.21
0.890.990.880.860.70.820.790.88-0.440.910.120.790.960.210.120.910.790.93-0.30.720.960.750.74-0.050.84
0.240.060.190.010.27-0.280.14-0.280.41-0.041.00.120.160.50.120.25-0.28-0.1-0.080.14-0.110.420.08-0.060.09
0.990.920.990.940.850.740.940.81-0.240.910.250.950.960.460.910.250.610.85-0.430.720.830.720.73-0.170.71
0.590.810.60.660.510.770.510.92-0.860.76-0.280.480.75-0.110.79-0.280.610.92-0.360.650.850.550.72-0.20.77
0.830.940.830.830.660.820.750.97-0.630.89-0.10.750.910.090.93-0.10.850.92-0.350.690.930.630.74-0.120.79
-0.42-0.34-0.46-0.51-0.84-0.38-0.4-0.350.49-0.55-0.08-0.38-0.43-0.73-0.3-0.08-0.43-0.36-0.35-0.86-0.35-0.32-0.840.96-0.33
0.690.730.730.760.920.690.610.66-0.610.840.140.590.770.60.720.140.720.650.69-0.860.730.630.99-0.710.68
0.820.970.820.860.670.90.750.93-0.540.93-0.110.750.920.110.96-0.110.830.850.93-0.350.730.670.77-0.10.84
0.730.770.680.680.640.620.680.58-0.30.680.420.60.830.310.750.420.720.550.63-0.320.630.670.66-0.120.8
0.70.760.730.770.910.730.620.72-0.670.850.080.60.790.540.740.080.730.720.74-0.840.990.770.66-0.680.71
-0.15-0.07-0.19-0.24-0.65-0.14-0.13-0.110.45-0.3-0.06-0.11-0.17-0.67-0.05-0.06-0.17-0.2-0.120.96-0.71-0.1-0.12-0.68-0.13
0.710.830.680.710.610.660.690.75-0.510.830.090.620.850.210.840.090.710.770.79-0.330.680.840.80.71-0.13
Click cells to compare fundamentals

Venus Concept Account Relationship Matchups

Venus Concept fundamental ratios Accounts

201920202021202220232024 (projected)
Total Assets191.1M160.5M153.9M125.4M93.7M102.0M
Short Long Term Debt Total69.0M79.6M77.9M83.8M79.7M56.7M
Other Current Liab24.5M21.4M17.3M15.9M13.5M13.4M
Total Current Liabilities48.2M32.5M31.2M39.6M31.2M27.4M
Total Stockholder Equity74.2M44.2M40.9M8.1M(14.0M)(14.7M)
Property Plant And Equipment Net4.6M3.5M2.7M7.7M5.8M3.6M
Current Deferred Revenue6.4M3.7M4.7M4.2M2.5M3.3M
Net Debt53.4M45.3M47.0M72.2M74.3M78.0M
Retained Earnings(75.7M)(157.4M)(180.4M)(224.1M)(261.9M)(275.0M)
Accounts Payable9.4M6.3M8.4M8.0M9.0M6.1M
Cash15.7M34.3M30.9M11.6M5.4M5.1M
Non Current Assets Total91.4M45.1M46.9M41.4M27.2M31.5M
Non Currrent Assets Other710K685K817K741K574K490.1K
Other Assets37.0M22.7M28.8M1.01.151.09
Long Term Debt61.2M79.6M77.3M70.0M80.5M47.5M
Cash And Short Term Investments15.7M34.3M30.9M11.6M5.4M5.1M
Net Receivables59.0M56.4M46.9M37.3M30.6M29.9M
Common Stock Shares Outstanding567.8K2.4M3.6M4.4M5.4M5.7M
Long Term Debt Total5.3M19.4M61.2M75.5M86.8M91.2M
Liabilities And Stockholders Equity191.1M160.5M153.9M125.4M93.7M102.0M
Non Current Liabilities Total66.3M84.2M81.1M77.0M75.9M62.6M
Capital Surpluse177.8M194.8M149.8M201.6M231.8M133.8M
Inventory18.8M17.8M20.5M23.9M28.7M15.4M
Other Current Assets3.1M7.0M12.2M11.3M1.8M1.7M
Other Stockholder Equity149.8M201.6M221.3M232.2M247.9M174.9M
Total Liab114.4M116.8M112.3M116.6M107.1M82.5M
Property Plant And Equipment Gross4.6M3.5M13.9M7.7M8.9M4.8M
Total Current Assets99.7M115.4M107.0M84.0M66.4M70.5M
Short Term Debt49K7.8M543K11.3M5.7M5.8M
Property Plant Equipment3.4M4.6M3.5M2.7M3.1M3.1M
Short Long Term Debt49K7.8M543K7.7M7.0M4.2M
Non Current Liabilities Other799K293K348K215K193.5K373.8K
Other Liab7.7M5.0M4.6M3.7M3.4M4.2M
Net Tangible Assets24.6M24.4M25.4M25.6M23.0M22.4M
Net Invested Capital143.2M123.8M118.8M85.8M98.7M95.1M
Net Working Capital51.5M82.9M75.8M44.4M51.1M53.6M
Common Stock24K26K27K29K30K22.5K
Capital Stock24K26K27K29K33.4K24.2K

Pair Trading with Venus Concept

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

Moving against Venus Stock

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  0.72ECOR Electrocore LLCPairCorr
  0.64DOCS DoximityPairCorr
  0.62DXCM DexCom IncPairCorr
The ability to find closely correlated positions to Venus Concept could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Venus Concept 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 Venus Concept - 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 Venus Concept to buy it.
The correlation of Venus Concept 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 Venus Concept moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Venus Concept 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 Venus Concept 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 Venus Concept offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of Venus Concept's financial statements, including income statements, balance sheets, and cash flow statements, to assess its financial health. Key financial ratios are used to gauge profitability, efficiency, and growth potential of Venus Concept Stock. Outlined below are crucial reports that will aid in making a well-informed decision on Venus Concept Stock:
Check out World Market Map to better understand how to build diversified portfolios, which includes a position in Venus Concept. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in metropolitan statistical area.
To learn how to invest in Venus Stock, please use our How to Invest in Venus Concept guide.
You can also try the Portfolio Center module to all portfolio management and optimization tools to improve performance of your portfolios.
Is Health Care Equipment & Supplies space expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of Venus Concept. If investors know Venus will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about Venus Concept listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Earnings Share
(7.97)
Revenue Per Share
11.915
Quarterly Revenue Growth
(0.17)
Return On Assets
(0.19)
Return On Equity
(4.64)
The market value of Venus Concept is measured differently than its book value, which is the value of Venus that is recorded on the company's balance sheet. Investors also form their own opinion of Venus Concept's value that differs from its market value or its book value, called intrinsic value, which is Venus Concept's true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because Venus Concept's market value can be influenced by many factors that don't directly affect Venus Concept's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between Venus Concept's value and its price as these two are different measures arrived at by different means. Investors typically determine if Venus Concept is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Venus Concept'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.