| VTX Stock | | | CAD 0.26 0.01 4.00% |
Vertex Resource financial indicator trend analysis is much more than just breaking down Vertex Resource Group prevalent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Vertex Resource Group is a good investment. Please check the relationship between Vertex Resource Other Current Assets and its Total Current Liabilities accounts. Check out
World Market Map to better understand how to build diversified portfolios, which includes a position in Vertex Resource Group. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as
signals in board of governors.
Other Current Assets vs Total Current Liabilities
Other Current Assets vs Total Current Liabilities Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of
Vertex Resource Group Other Current Assets account and
Total Current Liabilities. At this time, the significance of the direction appears to have fragmental relationship.
The correlation between Vertex Resource's Other Current Assets and Total Current Liabilities is 0.42. Overlapping area represents the amount of variation of Other Current Assets that can explain the historical movement of Total Current Liabilities in the same time period over historical financial statements of Vertex Resource Group, assuming nothing else is changed. The correlation between historical values of Vertex Resource's Other Current Assets and Total Current Liabilities 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 Vertex Resource Group are associated (or correlated) with its Total Current Liabilities. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Total Current Liabilities has no effect on the direction of Other Current Assets i.e., Vertex Resource's Other Current Assets and Total Current Liabilities go up and down completely randomly.
Correlation Coefficient | 0.42 |
| Relationship Direction | Positive |
| Relationship Strength | Weak |
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.
Total Current Liabilities
Total Current Liabilities is an item on Vertex Resource balance sheet that include short term debt, accounts payable, accrued salaries payable, payroll taxes payable, accrued liabilities and other debts. Total Current Liabilities of Vertex Resource Group 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.
Most indicators from Vertex Resource's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Vertex Resource Group 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 Vertex Resource Group. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as
signals in board of governors.
Tax Provision is likely to climb to about 835.6
K in 2025, whereas
Selling General Administrative is likely to drop slightly above 16.6
M in 2025.
Vertex Resource fundamental ratios Correlations
Click cells to compare fundamentals
Vertex Resource Account Relationship Matchups
High Positive Relationship
High Negative Relationship
Vertex Resource fundamental ratios Accounts
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Additional Tools for Vertex Stock Analysis
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measure Vertex Resource's 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 Vertex Resource is operating at the current time. Most of Vertex Resource's value examination focuses on studying past and present price action to
predict the probability of Vertex Resource's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Vertex Resource's price. Additionally, you may evaluate how the addition of Vertex Resource to your portfolios can decrease your overall portfolio volatility.