VirnetX Holding Financials

VHC Stock  USD 5.15  0.14  2.79%   
Based on the key indicators obtained from VirnetX Holding's historical financial statements, VirnetX Holding Corp may be sliding down financialy. It has an above-average chance of going through some form of financial crunch next quarter. At present, VirnetX Holding's Cash is projected to increase significantly based on the last few years of reporting. The current year's Non Current Assets Total is expected to grow to about 6.9 M, whereas Total Assets are forecasted to decline to about 43.4 M. Key indicators impacting VirnetX Holding's financial strength include:
Current ValueLast YearChange From Last Year 10 Year Trend
Debt Equity Ratio0.02380.0267
Fairly Down
Slightly volatile
Current Ratio45.0742.9274
Sufficiently Up
Slightly volatile
The essential information of the day-to-day investment outlook for VirnetX Holding includes many different criteria found on its balance sheet. An individual investor should monitor VirnetX Holding's cash flow, debt, and profitability to accurately make informed decisions on whether to invest in VirnetX Holding.

Cash And Equivalents

69.46 Million

  
Understanding current and past VirnetX Holding Financials, including the trends in assets, liabilities, equity and income are directly related to making proper and timely investing decisions. All of VirnetX Holding's financial statements are interrelated, with each one affecting the others. For example, an increase in VirnetX Holding's assets may result in an increase in income on the income statement.
Please note, the presentation of VirnetX Holding's financial position, as portrayed in its financial statements, is often influenced by management's estimates, judgments, and sometimes even manipulations. In the best case, VirnetX Holding's management is honest, while the outside auditors are strict and uncompromising. Please utilize our Beneish M Score to check the likelihood of VirnetX Holding's management manipulating its earnings.

VirnetX Holding Stock Summary

VirnetX Holding competes with Hub Cyber, AuthID, Aurora Mobile, Taoping, and Bridgeline Digital. VirnetX Holding Corporation, through its subsidiary VirnetX, Inc., operates as an Internet security software and technology company primarily in the United States. The company was incorporated in 2005 and is headquartered in Zephyr Cove, Nevada. VirnetX Holding operates under SoftwareInfrastructure classification in the United States and is traded on New York Stock Exchange. It employs 24 people.
Specialization
Information Technology, Software - Infrastructure
InstrumentUSA Stock View All
ExchangeNew York Stock Exchange
ISINUS92823T1088
CUSIP92823T108 92823T207 693153108 694821109
LocationNevada; U.S.A
Business Address308 Dorla Court,
SectorSoftware
IndustryInformation Technology
BenchmarkDow Jones Industrial
Websitewww.virnetx.com
Phone775 548 1785
CurrencyUSD - US Dollar

VirnetX Holding Key Financial Ratios

VirnetX Holding Key Balance Sheet Accounts

201920202021202220232024 (projected)
Total Assets7.5M234.8M189.8M153.0M60.4M43.4M
Other Current Liab480K12.6M683K358K814K773.3K
Net Debt(3.1M)(192.9M)(142.0M)(86.6M)(26.3M)(27.6M)
Accounts Payable1.3M654K338K373K440K418K
Other Assets1.6M10.4K19.4M703K1.00.95
Net Receivables5K8K17K14K2K1.9K
Other Current Assets237K3.2M203K224K282K267.9K
Total Liab1.9M10.4M1.1M731K4.4M4.4M
Total Current Assets5.8M224.4M169.5M152.3M53.8M41.1M
Retained Earnings(217.6M)(8.0M)(47.6M)(87.2M)(186.5M)(177.2M)
Net Tangible Assets9.9M5.6M224.4M188.8M217.1M227.9M
Capital Surpluse223.2M232.5M236.4M239.7M275.7M206.0M

VirnetX Holding Key Income Statement Accounts

201920202021202220232024 (projected)
Interest Expense92K190.8M48K1.8M2.1M2.0M
Total Revenue85K302.6M35K48K7K6.7K
Gross Profit85K212.5M9.1M45K(2K)(1.9K)
Operating Income(19.7M)116.6M(49.2M)(22.1M)(31.4M)(29.9M)
Ebit(19.7M)116.6M(49.1M)(22.1M)(31.4M)(29.9M)
Research Development3.8M8.8M5.6M6.4M9.7M10.2M
Ebitda(19.7M)116.6M(49.1M)(22.1M)(31.4M)(29.9M)
Income Before Tax(19.6M)307.5M(49.1M)(20.2M)(28.0M)(29.3M)
Net Income(19.2M)280.4M(39.6M)(36.3M)(27.9M)(26.5M)
Income Tax Expense(393K)27.0M(9.5M)16.0M(79K)(75.1K)
Tax Provision(393K)27.0M9.5M16.0M17.1M18.0M
Interest Income92K108.3M48K1.8M3.9M3.7M
Net Interest Income92K108.3M48K1.8M3.9M3.7M

VirnetX Holding Key Cash Accounts

201920202021202220232024 (projected)
Change In Cash(4.5M)189.8M(50.9M)(55.5M)(60.3M)(57.3M)
Free Cash Flow(15.1M)281.4M(51.7M)(16.9M)(24.8M)(23.6M)
Depreciation18K7K5K4K9K8.6K
Other Non Cash Items3.4M69K34K3.3M15K14.3K
Net Income(19.2M)280.4M(39.6M)(36.3M)(27.9M)(26.5M)
Investments(592K)(26.0M)1.0M(38.5M)18.3M19.2M
Change To Netincome4.1M3.7M(5.1M)(2.7M)(2.4M)(2.3M)

VirnetX Financial Ratios Relationships

Comparative valuation techniques use various fundamental indicators to help in determining VirnetX Holding's current stock value. Our valuation model uses many indicators to compare VirnetX Holding value to that of its competitors to determine the firm's financial worth. You can analyze the relationship between different fundamental ratios across VirnetX Holding competition to find correlations between indicators driving VirnetX Holding's intrinsic value. More Info.
VirnetX Holding Corp is rated below average in return on equity category among its peers. It is rated below average in return on asset category among its peers . At present, VirnetX Holding's Return On Equity is projected to increase slightly based on the last few years of reporting. The reason why the comparable model can be used in almost all circumstances is due to the vast number of multiples that can be utilized, such as the price-to-earnings (P/E), price-to-book (P/B), price-to-sales (P/S), price-to-cash flow (P/CF), and many others. The P/E ratio is the most commonly used of these ratios because it focuses on the VirnetX Holding's earnings, one of the primary drivers of an investment's value.

VirnetX Holding Corp Systematic Risk

VirnetX Holding's systematic risk plays a vital role in portfolio allocation when considering its stock to be added to a well-diversified portfolio. VirnetX Holding volatility which cannot be eliminated through diversification, requires returns over the risk-free rate. Over the long run, a well-diversified portfolio provides returns that match its exposure to systematic risk. In this case, investors face a trade-off between expected returns and systematic risk and, therefore, can only reduce a portfolio's exposure to systematic risk by sacrificing expected returns on the portfolio.
The output start index for this execution was three with a total number of output elements of fifty-eight. The Beta measures systematic risk based on how returns on VirnetX Holding Corp correlated with the market. If Beta is less than 0 VirnetX Holding generally moves in the opposite direction as compared to the market. If VirnetX Holding Beta is about zero movement of price series is uncorrelated with the movement of the benchmark. if Beta is between zero and one VirnetX Holding Corp is generally moves in the same direction as, but less than the movement of the market. For Beta = 1 movement of VirnetX Holding is generally in the same direction as the market. If Beta > 1 VirnetX Holding moves generally in the same direction as, but more than the movement of the benchmark.

About VirnetX Holding Financials

What exactly are VirnetX Holding Financials? Typically, a company's financial statements are the reports that show the financial position of the company. Three primary documents fall into the category of financial statements. These documents include VirnetX Holding's income statement, its balance sheet, and the statement of cash flows. Potential VirnetX Holding investors and stakeholders use financial statements to determine how well the company is positioned to perform in the future. Although VirnetX Holding investors may use each financial statement separately, they are all related. The changes in VirnetX Holding's assets and liabilities, for example, are also reflected in the revenues and expenses that we see on VirnetX Holding's income statement, which results in the company's gains or losses. Cash flows can provide more information regarding cash listed on a balance sheet, but not equivalent to net income shown on the income statement. Please read more on our technical analysis and fundamental analysis pages.

VirnetX Holding Thematic Clasifications

VirnetX Holding Corp is part of Software investing theme. If you are a theme-oriented, socially responsible, and at the same time, a result-driven investor, you can align your investing habits with your values without jeopardizing your expectations about returns. You can easily create an optimal portfolio of stocks, ETFs, funds, or cryptocurrencies based on a specific theme of your liking. Software, software systems, and software services. Companies that develop and distribute software and software systems to individuals or business
SoftwareView
This theme covers Software, software systems, and software services. Companies that develop and distribute software and software systems to individuals or business. Get More Thematic Ideas
Today, most investors in VirnetX Holding Stock are looking for potential investment opportunities by analyzing not only static indicators but also various VirnetX Holding's growth ratios. Consistent increases or decreases in fundamental ratios usually indicate a possible pattern that can be successfully translated into profits. However, when comparing two companies, knowing each company's growth growth rates may not be enough to decide which company is a better investment. That's why investors frequently use static breakdown of VirnetX Holding growth as a starting point in their analysis.

Price Earnings To Growth Ratio

0.0403

At present, VirnetX Holding's Price Earnings To Growth Ratio is projected to increase slightly based on the last few years of reporting.

VirnetX Holding November 25, 2024 Opportunity Range

Along with financial statement analysis, the daily predictive indicators of VirnetX Holding help investors to analyze its daily demand and supply, volume, patterns, and price swings to determine the real value of VirnetX Holding Corp. We use our internally-developed statistical techniques to arrive at the intrinsic value of VirnetX Holding Corp based on widely used predictive technical indicators. In general, we focus on analyzing VirnetX Stock price patterns and their correlations with different microeconomic environment and drivers. We also apply predictive analytics to build VirnetX Holding's daily price indicators and compare them against related drivers.

Complementary Tools for VirnetX Stock analysis

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