Virpax Non Current Liabilities Total vs Total Stockholder Equity Analysis
VRPX Stock | USD 0.46 0.02 4.17% |
Virpax Pharmaceuticals financial indicator trend analysis is much more than just breaking down Virpax Pharmaceuticals prevalent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Virpax Pharmaceuticals is a good investment. Please check the relationship between Virpax Pharmaceuticals Non Current Liabilities Total and its Total Stockholder Equity accounts. Check out World Market Map to better understand how to build diversified portfolios, which includes a position in Virpax Pharmaceuticals. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in american community survey. For more information on how to buy Virpax Stock please use our How to Invest in Virpax Pharmaceuticals guide.
Non Current Liabilities Total vs Total Stockholder Equity
Non Current Liabilities Total vs Total Stockholder Equity Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Virpax Pharmaceuticals Non Current Liabilities Total account and Total Stockholder Equity. At this time, the significance of the direction appears to have strong contrarian relationship.
The correlation between Virpax Pharmaceuticals' Non Current Liabilities Total and Total Stockholder Equity is -0.58. Overlapping area represents the amount of variation of Non Current Liabilities Total that can explain the historical movement of Total Stockholder Equity in the same time period over historical financial statements of Virpax Pharmaceuticals, assuming nothing else is changed. The correlation between historical values of Virpax Pharmaceuticals' Non Current Liabilities Total and Total Stockholder Equity is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Non Current Liabilities Total of Virpax Pharmaceuticals are associated (or correlated) with its Total Stockholder Equity. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Total Stockholder Equity has no effect on the direction of Non Current Liabilities Total i.e., Virpax Pharmaceuticals' Non Current Liabilities Total and Total Stockholder Equity go up and down completely randomly.
Correlation Coefficient | -0.58 |
Relationship Direction | Negative |
Relationship Strength | Very Weak |
Non Current Liabilities Total
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.Most indicators from Virpax Pharmaceuticals' fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Virpax Pharmaceuticals 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 Virpax Pharmaceuticals. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in american community survey. For more information on how to buy Virpax Stock please use our How to Invest in Virpax Pharmaceuticals guide.At this time, Virpax Pharmaceuticals' Enterprise Value Over EBITDA is fairly stable compared to the past year. Enterprise Value Multiple is likely to rise to 0.34 in 2024, whereas Selling General Administrative is likely to drop slightly above 6.1 M in 2024.
Virpax Pharmaceuticals fundamental ratios Correlations
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Virpax Pharmaceuticals Account Relationship Matchups
High Positive Relationship
High Negative Relationship
Virpax Pharmaceuticals fundamental ratios Accounts
2019 | 2020 | 2021 | 2022 | 2023 | 2024 (projected) | ||
Total Assets | 46.7K | 465.4K | 39.6M | 19.7M | 9.6M | 12.7M | |
Other Current Liab | 1.5M | 3.1M | 2.1M | 3.1M | 7.7M | 8.1M | |
Total Current Liabilities | 2.8M | 3.7M | 2.1M | 3.1M | 7.7M | 8.1M | |
Total Stockholder Equity | (2.7M) | (4.2M) | 37.5M | 16.6M | 1.9M | 1.8M | |
Net Debt | 1.2M | 1.5M | (36.8M) | (19.0M) | (9.1M) | (9.6M) | |
Retained Earnings | (6.3M) | (10.6M) | (22.7M) | (44.4M) | (59.5M) | (56.6M) | |
Accounts Payable | 3.5 | 22.1K | 19.8K | 37.6K | 18.46 | 17.54 | |
Cash | 41.5K | 54.8K | 36.8M | 19.0M | 9.1M | 11.9M | |
Cash And Short Term Investments | 41.5K | 54.8K | 36.8M | 19.0M | 9.1M | 11.9M | |
Common Stock Shares Outstanding | 521.5K | 494.5K | 1.2M | 1.2M | 1.2M | 1.3M | |
Liabilities And Stockholders Equity | 46.7K | 465.4K | 39.6M | 19.7M | 9.6M | 12.7M | |
Other Current Assets | 467.0 | 18.3K | 2.7M | 678.4K | 486.8K | 720.0K | |
Other Stockholder Equity | 3.6M | 6.4M | 60.2M | 60.9M | 61.5M | 35.6M | |
Total Liab | 2.8M | 4.7M | 2.1M | 3.1M | 7.7M | 4.0M | |
Net Invested Capital | (1.5M) | (2.7M) | 37.5M | 16.6M | 1.9M | 1.8M | |
Total Current Assets | 46.7K | 73.1K | 39.6M | 19.7M | 9.6M | 12.7M | |
Net Working Capital | (2.7M) | (3.6M) | 37.5M | 16.6M | 1.9M | 1.8M |
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