Veris Other Current Assets vs Accounts Payable Analysis
VRE Stock | USD 17.59 0.04 0.23% |
Veris Residential financial indicator trend analysis is much more than just breaking down Veris Residential prevalent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Veris Residential is a good investment. Please check the relationship between Veris Residential Other Current Assets and its Accounts Payable accounts. Check out World Market Map to better understand how to build diversified portfolios, which includes a position in Veris Residential. 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. For information on how to trade Veris Stock refer to our How to Trade Veris Stock guide.
Other Current Assets vs Accounts Payable
Other Current Assets vs Accounts Payable Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Veris Residential Other Current Assets account and Accounts Payable. At this time, the significance of the direction appears to have weak contrarian relationship.
The correlation between Veris Residential's Other Current Assets and Accounts Payable is -0.04. Overlapping area represents the amount of variation of Other Current Assets that can explain the historical movement of Accounts Payable in the same time period over historical financial statements of Veris Residential, assuming nothing else is changed. The correlation between historical values of Veris Residential's Other Current Assets and Accounts Payable is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Other Current Assets of Veris Residential are associated (or correlated) with its Accounts Payable. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Accounts Payable has no effect on the direction of Other Current Assets i.e., Veris Residential's Other Current Assets and Accounts Payable go up and down completely randomly.
Correlation Coefficient | -0.04 |
Relationship Direction | Negative |
Relationship Strength | Insignificant |
Other Current Assets
Assets expected to be converted into cash, sold, or consumed either in one year or in the operating cycle, which are not included under standard current asset categories.Accounts Payable
An accounting item on the balance sheet that represents Veris Residential obligation to pay off a short-term debt to its creditors. The accounts payable entry is usually reported under current liabilities. If accounts payable of Veris Residential are not paid within the agreed terms, the payables are considered to be in default, which may trigger a penalty or interest payment, or the revocation of additional credit from the supplier. Accounts payable may also be considered a source of cash, since they represent funds being borrowed from suppliers. Given these cash flow considerations, suppliers have a natural inclination to push for shorter payment terms, while creditors want to lengthen the payment terms. The amount a company owes to suppliers or vendors for products or services received but not yet paid for. It represents the company's short-term liabilities.Most indicators from Veris Residential's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Veris Residential 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 Veris Residential. 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. For information on how to trade Veris Stock refer to our How to Trade Veris Stock guide.At present, Veris Residential's Sales General And Administrative To Revenue is projected to increase slightly based on the last few years of reporting. The current year's Enterprise Value Over EBITDA is expected to grow to 32.74, whereas Discontinued Operations is projected to grow to (817.2 K).
2021 | 2022 | 2023 | 2024 (projected) | Interest Expense | 65.2M | 78.0M | 139.1M | 109.1M | Depreciation And Amortization | 325.5M | 256.3M | 93.6M | 158.2M |
Veris Residential fundamental ratios Correlations
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Veris Residential Account Relationship Matchups
High Positive Relationship
High Negative Relationship
Veris Residential fundamental ratios Accounts
2019 | 2020 | 2021 | 2022 | 2023 | 2024 (projected) | ||
Total Assets | 5.3B | 5.1B | 4.5B | 3.9B | 3.2B | 4.2B | |
Short Long Term Debt Total | 3.1B | 2.8B | 2.4B | 2.0B | 1.9B | 2.1B | |
Total Stockholder Equity | 1.5B | 1.4B | 1.3B | 1.2B | 1.1B | 1.5B | |
Net Debt | 2.8B | 2.8B | 2.4B | 1.9B | 1.8B | 2.0B | |
Non Current Assets Total | 4.2B | 4.3B | 3.8B | 3.6B | 3.1B | 3.8B | |
Non Currrent Assets Other | (1.4B) | (1.1B) | (947.0M) | (425.6M) | 4.0M | 4.2M | |
Other Assets | 88.5M | 65.6M | 462.5M | 90.0M | 33.7M | 35.4M | |
Net Receivables | 102.9M | 95.5M | 78.7M | 42.7M | 8.3M | 7.9M | |
Common Stock Shares Outstanding | 100.7M | 90.6M | 90.8M | 91.0M | 100.8M | 85.2M | |
Liabilities And Stockholders Equity | 5.3B | 5.1B | 4.5B | 3.9B | 3.2B | 4.2B | |
Non Current Liabilities Total | 2.5B | 2.8B | 2.2B | 1.9B | 1.9B | 2.0B | |
Total Liab | 3.1B | 3.0B | 2.6B | 2.0B | 1.9B | 2.3B | |
Total Current Assets | 1.1B | 840.7M | 744.7M | 284.2M | 155.2M | 147.4M | |
Other Current Liab | 32.5M | 11.5M | (190.2M) | (137.8M) | 10.8M | 11.4M | |
Total Current Liabilities | 610.4M | 265.3M | 315.5M | 102.2M | 82.6M | 78.5M | |
Accounts Payable | 209.5M | 194.7M | 135.0M | 72.0M | 55.5M | 108.9M | |
Cash | 25.6M | 38.1M | 31.8M | 26.8M | 28.0M | 41.9M | |
Cash And Short Term Investments | 25.6M | 38.1M | 31.8M | 26.8M | 28.0M | 44.5M | |
Other Stockholder Equity | 3.6B | 2.5B | 2.5B | 3.8B | 2.6B | 2.4B | |
Common Stock | 906K | 907K | 909K | 911K | 922K | 815.7K | |
Retained Earnings | (1.0B) | (1.1B) | (1.2B) | (1.3B) | (1.4B) | (1.3B) | |
Short Term Investments | 4.7B | 4.6B | 4.1B | 126.2M | 3.0B | 3.3B | |
Accumulated Other Comprehensive Income | (18K) | (1.1B) | 9K | 4.0M | 1.8M | 1.9M | |
Other Current Assets | 15.6M | 50.2M | 15.7M | 20.9M | 119.6M | 129.4M | |
Current Deferred Revenue | 39.5M | 34.1M | 26.4M | 22.9M | 15.0M | 14.2M | |
Inventory | 966.5M | 657.0M | 618.6M | 193.9M | 58.6M | 55.7M | |
Short Term Debt | 329M | 25M | 148M | 145.0M | 1.3M | 1.2M | |
Intangible Assets | 86.1M | 71.6M | 42.2M | 12.3M | 10.0M | 9.5M | |
Long Term Debt | 2.8B | 2.8B | 2.2B | 1.9B | 1.9B | 2.0B | |
Long Term Debt Total | 2.8B | 2.8B | 2.2B | 1.9B | 1.7B | 2.0B | |
Capital Surpluse | 2.5B | 2.5B | 2.5B | 2.5B | 2.3B | 2.0B | |
Cash And Equivalents | 25.6M | 38.1M | 31.8M | 26.8M | 30.8M | 33.3M | |
Property Plant Equipment | 3.7B | 4.0B | 3.5B | 3.4B | 3.1B | 3.0B | |
Other Liab | 39.5M | 34.1M | 26.4M | 22.9M | 20.6M | 27.8M | |
Net Tangible Assets | 1.4B | 1.3B | 1.8B | 1.8B | 2.0B | 1.7B | |
Deferred Long Term Liab | 88.5M | 65.6M | 151.3M | 35.9M | 32.3M | 30.7M | |
Net Invested Capital | 4.3B | 4.2B | 3.7B | 3.1B | 3.0B | 3.1B | |
Long Term Investments | 209.1M | 162.4M | 137.8M | 126.2M | 118.0M | 141.6M | |
Net Working Capital | 904.1M | 600.4M | 462.1M | 183.3M | 38.9M | 36.9M |
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Analyzing currently trending equities could be an opportunity to develop a better portfolio based on different market momentums that they can trigger. Utilizing the top trending stocks is also useful when creating a market-neutral strategy or pair trading technique involving a short or a long position in a currently trending equity.When determining whether Veris Residential is a strong investment it is important to analyze Veris Residential's competitive position within its industry, examining market share, product or service uniqueness, and competitive advantages. Beyond financials and market position, potential investors should also consider broader economic conditions, industry trends, and any regulatory or geopolitical factors that may impact Veris Residential's future performance. For an informed investment choice regarding Veris Stock, refer to the following important reports:Check out World Market Map to better understand how to build diversified portfolios, which includes a position in Veris Residential. 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. For information on how to trade Veris Stock refer to our How to Trade Veris Stock guide.You can also try the Funds Screener module to find actively-traded funds from around the world traded on over 30 global exchanges.
Is Real Estate Management & Development 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 Veris Residential. If investors know Veris 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 Veris Residential listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Dividend Share 0.235 | Earnings Share (0.67) | Revenue Per Share 3.171 | Quarterly Revenue Growth 0.016 | Return On Assets 0.0074 |
The market value of Veris Residential is measured differently than its book value, which is the value of Veris that is recorded on the company's balance sheet. Investors also form their own opinion of Veris Residential's value that differs from its market value or its book value, called intrinsic value, which is Veris Residential'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 Veris Residential's market value can be influenced by many factors that don't directly affect Veris Residential'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 Veris Residential's value and its price as these two are different measures arrived at by different means. Investors typically determine if Veris Residential is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Veris Residential'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.