CVRx Total Current Liabilities vs Total Cash From Operating Activities Analysis

CVRX Stock  USD 15.53  0.68  4.58%   
CVRx financial indicator trend analysis is way more than just evaluating CVRx Inc prevailing accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether CVRx Inc is a good investment. Please check the relationship between CVRx Total Current Liabilities and its Total Cash From Operating Activities accounts. Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in CVRx Inc. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in metropolitan statistical area.

Total Current Liabilities vs Total Cash From Operating Activities

Total Current Liabilities vs Total Cash From Operating Activities Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of CVRx Inc Total Current Liabilities account and Total Cash From Operating Activities. At this time, the significance of the direction appears to have strong relationship.
The correlation between CVRx's Total Current Liabilities and Total Cash From Operating Activities is 0.67. Overlapping area represents the amount of variation of Total Current Liabilities that can explain the historical movement of Total Cash From Operating Activities in the same time period over historical financial statements of CVRx Inc, assuming nothing else is changed. The correlation between historical values of CVRx's Total Current Liabilities and Total Cash From Operating Activities 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 CVRx Inc are associated (or correlated) with its Total Cash From Operating Activities. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Total Cash From Operating Activities has no effect on the direction of Total Current Liabilities i.e., CVRx's Total Current Liabilities and Total Cash From Operating Activities go up and down completely randomly.

Correlation Coefficient

0.67
Relationship DirectionPositive 
Relationship StrengthSignificant

Total Current Liabilities

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

Total Cash From Operating Activities

Most indicators from CVRx's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into CVRx Inc 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 Trending Equities to better understand how to build diversified portfolios, which includes a position in CVRx Inc. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in metropolitan statistical area.
Tax Provision is likely to drop to about 108.7 K in 2024. Selling General Administrative is likely to drop to about 34.2 M in 2024
 2021 2022 2023 2024 (projected)
Gross Profit9.4M17.5M33.0M34.7M
Total Revenue13.0M22.5M39.3M41.3M

CVRx fundamental ratios Correlations

-0.35-0.97-0.840.970.810.960.86-0.97-0.820.71.00.860.560.56-0.41.00.80.930.8-0.940.760.980.98-0.940.96
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1.0-0.41-0.96-0.860.950.760.940.81-0.99-0.770.630.810.490.49-0.461.00.740.910.78-0.920.70.980.96-0.920.94
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0.560.52-0.67-0.410.650.810.70.87-0.36-0.870.840.490.871.00.470.490.880.760.76-0.670.920.480.66-0.670.68
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1.0-0.41-0.96-0.860.950.760.940.81-0.99-0.770.631.00.810.490.49-0.460.740.910.78-0.920.70.980.96-0.920.94
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0.93-0.13-0.97-0.790.980.820.990.93-0.84-0.950.820.910.930.760.76-0.190.910.890.94-0.980.860.920.95-0.980.99
0.8-0.02-0.91-0.810.880.740.910.8-0.68-0.970.720.780.80.760.75-0.070.780.770.94-0.880.750.770.81-0.880.89
-0.940.270.950.77-1.0-0.74-1.0-0.90.880.89-0.78-0.92-0.9-0.67-0.660.33-0.92-0.85-0.98-0.88-0.8-0.96-0.941.0-1.0
0.760.23-0.79-0.450.80.930.830.98-0.6-0.890.960.70.980.920.920.170.70.990.860.75-0.80.690.86-0.80.81
0.98-0.46-0.94-0.810.970.70.950.82-0.98-0.770.660.980.820.480.48-0.520.980.760.920.77-0.960.690.95-0.960.96
0.98-0.24-0.96-0.750.960.890.960.93-0.92-0.860.80.960.930.660.66-0.30.960.890.950.81-0.940.860.95-0.940.96
-0.940.270.950.78-1.0-0.74-1.0-0.90.880.89-0.78-0.92-0.9-0.67-0.660.33-0.92-0.85-0.98-0.881.0-0.8-0.96-0.94-1.0
0.96-0.25-0.97-0.81.00.781.00.91-0.9-0.90.780.940.910.680.67-0.310.940.860.990.89-1.00.810.960.96-1.0
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CVRx Account Relationship Matchups

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