| 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 Total Current Liabilities and its Current Deferred Revenue 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.
Total Current Liabilities vs Current Deferred Revenue
Total Current Liabilities vs Current Deferred Revenue Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of
Versus Systems Total Current Liabilities account and
Current Deferred Revenue. At this time, the significance of the direction appears to have almost no relationship.
The correlation between Versus Systems' Total Current Liabilities and Current Deferred Revenue is 0.11. Overlapping area represents the amount of variation of Total Current Liabilities that can explain the historical movement of Current Deferred Revenue 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' Total Current Liabilities and Current Deferred Revenue 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 Liabilities of Versus Systems are associated (or correlated) with its Current Deferred Revenue. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Current Deferred Revenue has no effect on the direction of Total Current Liabilities i.e., Versus Systems' Total Current Liabilities and Current Deferred Revenue go up and down completely randomly.
Correlation Coefficient | 0.11 |
| Relationship Direction | Positive |
| Relationship Strength | Insignificant |
Total Current Liabilities
Total Current Liabilities is an item on Versus Systems balance sheet that include short term debt, accounts payable, accrued salaries payable, payroll taxes payable, accrued liabilities and other debts. Total Current Liabilities of Versus Systems are important to investors because some useful performance ratios such as Current Ratio and Quick Ratio require Total Current Liabilities to be accurate. The total amount of liabilities that a company is expected to pay within one year, including debts, accounts payable, and other short-term financial obligations.
Current Deferred Revenue
Revenue that has been collected but not yet earned, typically from prepaid service contracts or subscriptions. This amount is considered a liability until the service is provided or the subscription period ends.
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.