VVC Total Current Liabilities vs Cash Analysis

VVC Stock  CAD 0.03  0.00  0.00%   
VVC Exploration financial indicator trend analysis is much more than just breaking down VVC Exploration Corp prevalent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether VVC Exploration Corp is a good investment. Please check the relationship between VVC Exploration Total Current Liabilities and its Cash accounts. Check out World Market Map to better understand how to build diversified portfolios, which includes a position in VVC Exploration Corp. 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.

Total Current Liabilities vs Cash

Total Current Liabilities vs Cash Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of VVC Exploration Corp Total Current Liabilities account and Cash. At this time, the significance of the direction appears to have strong relationship.
The correlation between VVC Exploration's Total Current Liabilities and Cash is 0.71. Overlapping area represents the amount of variation of Total Current Liabilities that can explain the historical movement of Cash in the same time period over historical financial statements of VVC Exploration Corp, assuming nothing else is changed. The correlation between historical values of VVC Exploration's Total Current Liabilities 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 Total Current Liabilities of VVC Exploration Corp 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 Total Current Liabilities i.e., VVC Exploration's Total Current Liabilities and Cash go up and down completely randomly.

Correlation Coefficient

0.71
Relationship DirectionPositive 
Relationship StrengthSignificant

Total Current Liabilities

Total Current Liabilities is an item on VVC Exploration balance sheet that include short term debt, accounts payable, accrued salaries payable, payroll taxes payable, accrued liabilities and other debts. Total Current Liabilities of VVC Exploration Corp 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.

Cash

Cash refers to the most liquid asset of VVC Exploration Corp, which is listed under current asset account on VVC Exploration Corp balance sheet and usually includes currency, coins, checking accounts, and not deposited checks received from VVC Exploration customers. The amounts must be unrestricted with restricted cash listed in a different VVC Exploration 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 VVC Exploration's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into VVC Exploration Corp 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 VVC Exploration Corp. 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.
At this time, VVC Exploration's Sales General And Administrative To Revenue is fairly stable compared to the past year. Enterprise Value is likely to climb to about 28.9 M in 2024, whereas Selling General Administrative is likely to drop slightly above 1.2 M in 2024.

VVC Exploration fundamental ratios Correlations

0.70.780.680.790.52-0.25-0.54-0.230.650.980.6-0.180.680.380.670.630.58-0.92-0.230.64-0.26-0.160.580.51-0.46
0.70.530.780.290.540.22-0.680.020.350.730.64-0.280.730.540.80.30.91-0.72-0.240.64-0.34-0.220.530.6-0.62
0.780.530.770.430.26-0.57-0.60.080.860.660.8-0.060.790.560.760.850.47-0.740.020.790.120.00.350.66-0.62
0.680.780.770.090.48-0.28-0.850.380.710.590.92-0.20.910.761.00.680.82-0.67-0.190.8-0.2-0.220.440.83-0.91
0.790.290.430.090.32-0.13-0.02-0.630.30.830.05-0.060.16-0.130.080.30.11-0.69-0.140.19-0.17-0.030.420.00.12
0.520.540.260.480.320.09-0.36-0.180.20.550.4-0.180.330.170.460.170.59-0.56-0.270.23-0.15-0.380.490.23-0.47
-0.250.22-0.57-0.28-0.130.090.31-0.23-0.83-0.06-0.520.04-0.38-0.33-0.26-0.850.220.220.09-0.35-0.250.09-0.14-0.330.33
-0.54-0.68-0.6-0.85-0.02-0.360.31-0.56-0.68-0.46-0.880.5-0.95-0.94-0.87-0.6-0.70.460.6-0.870.430.52-0.53-0.90.75
-0.230.020.080.38-0.63-0.18-0.23-0.560.24-0.320.41-0.30.450.680.40.190.110.29-0.30.43-0.25-0.220.010.53-0.39
0.650.350.860.710.30.2-0.83-0.680.240.480.86-0.170.780.630.70.990.3-0.61-0.210.70.05-0.20.410.67-0.66
0.980.730.660.590.830.55-0.06-0.46-0.320.480.47-0.20.590.280.580.450.6-0.89-0.240.56-0.34-0.160.580.42-0.35
0.60.640.80.920.050.4-0.52-0.880.410.860.47-0.210.930.830.920.830.68-0.6-0.240.82-0.03-0.250.420.85-0.87
-0.18-0.28-0.06-0.2-0.06-0.180.040.5-0.3-0.17-0.2-0.21-0.31-0.42-0.22-0.02-0.210.070.8-0.340.690.55-0.44-0.290.12
0.680.730.790.910.160.33-0.38-0.950.450.780.590.93-0.310.90.920.730.71-0.62-0.390.94-0.26-0.330.510.9-0.76
0.380.540.560.76-0.130.17-0.33-0.940.680.630.280.83-0.420.90.780.570.61-0.24-0.480.89-0.29-0.350.280.94-0.64
0.670.80.761.00.080.46-0.26-0.870.40.70.580.92-0.220.920.780.660.82-0.66-0.210.81-0.22-0.220.440.84-0.9
0.630.30.850.680.30.17-0.85-0.60.190.990.450.83-0.020.730.570.660.26-0.6-0.090.650.17-0.110.340.63-0.64
0.580.910.470.820.110.590.22-0.70.110.30.60.68-0.210.710.610.820.26-0.55-0.190.61-0.26-0.220.280.72-0.71
-0.92-0.72-0.74-0.67-0.69-0.560.220.460.29-0.61-0.89-0.60.07-0.62-0.24-0.66-0.6-0.550.12-0.530.140.16-0.72-0.330.52
-0.23-0.240.02-0.19-0.14-0.270.090.6-0.3-0.21-0.24-0.240.8-0.39-0.48-0.21-0.09-0.190.12-0.350.760.83-0.6-0.330.13
0.640.640.790.80.190.23-0.35-0.870.430.70.560.82-0.340.940.890.810.650.61-0.53-0.35-0.24-0.160.440.86-0.55
-0.26-0.340.12-0.2-0.17-0.15-0.250.43-0.250.05-0.34-0.030.69-0.26-0.29-0.220.17-0.260.140.76-0.240.49-0.48-0.220.05
-0.16-0.220.0-0.22-0.03-0.380.090.52-0.22-0.2-0.16-0.250.55-0.33-0.35-0.22-0.11-0.220.160.83-0.160.49-0.54-0.250.34
0.580.530.350.440.420.49-0.14-0.530.010.410.580.42-0.440.510.280.440.340.28-0.72-0.60.44-0.48-0.540.15-0.32
0.510.60.660.830.00.23-0.33-0.90.530.670.420.85-0.290.90.940.840.630.72-0.33-0.330.86-0.22-0.250.15-0.71
-0.46-0.62-0.62-0.910.12-0.470.330.75-0.39-0.66-0.35-0.870.12-0.76-0.64-0.9-0.64-0.710.520.13-0.550.050.34-0.32-0.71
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VVC Exploration Account Relationship Matchups

VVC Exploration fundamental ratios Accounts

201920202021202220232024 (projected)
Total Assets6.3M3.3M4.0M1.8M18.6M19.5M
Short Long Term Debt Total654.1K321.1K233.5K2.1M1.9M2.4M
Total Current Liabilities1.8M2.7M7.6M8.5M8.9M9.4M
Total Stockholder Equity4.3M186.1K(4.0M)(7.2M)9.4M9.8M
Net Debt482.7K(2.7M)(3.4M)2.0M(1.1M)(1.1M)
Retained Earnings(39.2M)(53.9M)(62.4M)(67.9M)(64.1M)(60.9M)
Accounts Payable567.6K811.9K1.8M1.3M212.5K201.9K
Cash171.3K3.0M3.6M49.9K3.3M3.4M
Non Current Assets Total4.9M6.1M288.3K1.8M15.2M16.0M
Cash And Short Term Investments171.3K3.0M3.6M3.3M3.8M3.9M
Net Receivables24.1K211.4K32.7K85.2K76.7K139.8K
Common Stock Shares Outstanding319.4M511.0M555.0M572.7M658.6M691.5M
Liabilities And Stockholders Equity6.3M3.3M4.0M18.6M16.7M17.6M
Other Stockholder Equity9.9M13.2M13.7M14.7M13.2M10.0M
Total Liab2.1M3.1M7.9M9.1M9.2M9.7M
Total Current Assets206.8K3.3M3.7M72.8K3.4M3.5M
Short Term Debt321.1K195.3K233.5K2.1M1.9M1.3M
Non Current Liabilities Total332.9K327.3K318.8K565.2K281.8K267.7K
Other Current Assets36.2K695.010.9K5.7K5.2K4.9K
Common Stock33.5M41.1M44.9M47.3M54.4M35.1M
Net Tangible Assets3.6M4.3M186.1K(4.0M)(3.6M)(3.4M)
Long Term Investments1.2M495.3K0.023.5K13.6M14.2M
Short Long Term Debt321.1K195.3K233.5K2.1M2.1M2.2M
Current Deferred Revenue23.7K354.6K4.1M4.6M5.3M5.5M
Other Assets2.0M4.2M5.9M(288.3K)(331.5K)(315.0K)
Long Term Debt310.5K391.9K332.9K125.8K113.2K107.5K
Net Invested Capital4.9M507.2K(3.7M)(5.2M)11.5M12.1M
Net Working Capital(1.5M)513.5K(3.9M)(8.4M)(5.6M)(5.3M)
Capital Stock33.5M41.1M44.9M47.3M54.4M45.1M

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Additional Tools for VVC Stock Analysis

When running VVC Exploration's price analysis, check to measure VVC Exploration'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 VVC Exploration is operating at the current time. Most of VVC Exploration's value examination focuses on studying past and present price action to predict the probability of VVC Exploration's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move VVC Exploration's price. Additionally, you may evaluate how the addition of VVC Exploration to your portfolios can decrease your overall portfolio volatility.