| VSSYW Stock | | | USD 0.06 0.01 16.47% |
Versus Systems financial indicator trend analysis is much more than just breaking down Versus Systems prevalent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Versus Systems is a good investment. Please check the relationship between Versus Systems Property Plant And Equipment Net and its Cash accounts. Check out
World Market Map to better understand how to build diversified portfolios, which includes a position in Versus Systems. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as
signals in manufacturing.
For more information on how to buy Versus Stock please use our
How to Invest in Versus Systems guide.
Property Plant And Equipment Net vs Cash
Property Plant And Equipment Net vs Cash Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of
Versus Systems Property Plant And Equipment Net account and
Cash. At this time, the significance of the direction appears to have weak contrarian relationship.
The correlation between Versus Systems' Property Plant And Equipment Net and Cash is -0.18. Overlapping area represents the amount of variation of Property Plant And Equipment Net that can explain the historical movement of Cash in the same time period over historical financial statements of Versus Systems, assuming nothing else is changed. The correlation between historical values of Versus Systems' Property Plant And Equipment Net and Cash is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Property Plant And Equipment Net of Versus Systems are associated (or correlated) with its Cash. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Cash has no effect on the direction of Property Plant And Equipment Net i.e., Versus Systems' Property Plant And Equipment Net and Cash go up and down completely randomly.
Correlation Coefficient | -0.18 |
| Relationship Direction | Negative |
| Relationship Strength | Insignificant |
Property Plant And Equipment Net
The total value of a company's physical assets (such as land, buildings, and equipment) used in operations, net of depreciation. It reflects the company's investment in assets used for production.
Cash
Cash refers to the most liquid asset of Versus Systems, which is listed under current asset account on Versus Systems balance sheet and usually includes currency, coins, checking accounts, and not deposited checks received from Versus Systems customers. The amounts must be unrestricted with restricted cash listed in a different Versus Systems account. The total amount of money in the form of currency that a company has in its possession. This includes all bills, coins, and funds in bank accounts.
Most indicators from Versus Systems' fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Versus Systems 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 Versus Systems. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as
signals in manufacturing.
For more information on how to buy Versus Stock please use our
How to Invest in Versus Systems guide.At this time, Versus Systems'
Issuance Of Capital Stock is fairly stable compared to the past year.
Enterprise Value Over EBITDA is likely to climb to 0.25 in 2024, despite the fact that
Sales General And Administrative To Revenue is likely to grow to
(1.24).
Versus Systems fundamental ratios Correlations
Click cells to compare fundamentals
Versus Systems Account Relationship Matchups
High Positive Relationship
High Negative Relationship
Versus Systems fundamental ratios Accounts
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Additional Tools for Versus Stock Analysis
When running Versus Systems' price analysis, check to
measure Versus Systems' market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy Versus Systems is operating at the current time. Most of Versus Systems' value examination focuses on studying past and present price action to
predict the probability of Versus Systems' future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Versus Systems' price. Additionally, you may evaluate how the addition of Versus Systems to your portfolios can decrease your overall portfolio volatility.