Viant Depreciation And Amortization vs Reconciled Depreciation Analysis

DSP Stock  USD 18.24  0.68  3.59%   
Viant Technology financial indicator trend analysis is much more than just breaking down Viant Technology prevalent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Viant Technology is a good investment. Please check the relationship between Viant Technology Depreciation And Amortization and its Reconciled Depreciation accounts. Check out Investing Opportunities to better understand how to build diversified portfolios, which includes a position in Viant Technology. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in state.
To learn how to invest in Viant Stock, please use our How to Invest in Viant Technology guide.

Depreciation And Amortization vs Reconciled Depreciation

Depreciation And Amortization vs Reconciled Depreciation Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Viant Technology Depreciation And Amortization account and Reconciled Depreciation. At this time, the significance of the direction appears to have almost identical trend.
The correlation between Viant Technology's Depreciation And Amortization and Reconciled Depreciation is 0.96. Overlapping area represents the amount of variation of Depreciation And Amortization that can explain the historical movement of Reconciled Depreciation in the same time period over historical financial statements of Viant Technology, assuming nothing else is changed. The correlation between historical values of Viant Technology's Depreciation And Amortization and Reconciled Depreciation is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Depreciation And Amortization of Viant Technology are associated (or correlated) with its Reconciled Depreciation. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Reconciled Depreciation has no effect on the direction of Depreciation And Amortization i.e., Viant Technology's Depreciation And Amortization and Reconciled Depreciation go up and down completely randomly.

Correlation Coefficient

0.96
Relationship DirectionPositive 
Relationship StrengthVery Strong

Depreciation And Amortization

The systematic reduction in the recorded value of an intangible asset. This includes the allocation of the cost of tangible assets to periods in which the assets are used, representing the expense related to the wear and tear, deterioration, or obsolescence of physical assets and intangible assets over their useful lives.

Reconciled Depreciation

Most indicators from Viant Technology's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Viant Technology 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 Investing Opportunities to better understand how to build diversified portfolios, which includes a position in Viant Technology. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in state.
To learn how to invest in Viant Stock, please use our How to Invest in Viant Technology guide.At this time, Viant Technology's Tax Provision is relatively stable compared to the past year. As of 11/29/2024, Enterprise Value Over EBITDA is likely to grow to 25.37, while Sales General And Administrative To Revenue is likely to drop 0.14.
 2021 2022 2023 2024 (projected)
Interest Expense864K1.5M8.6M9.0M
Depreciation And Amortization11.1M13.1M14.7M13.0M

Viant Technology fundamental ratios Correlations

-0.510.70.910.87-0.780.880.86-0.94-0.980.970.930.990.830.790.74-0.790.990.94-0.46-0.99-0.790.890.8-0.640.9
-0.51-0.79-0.76-0.810.88-0.8-0.550.590.55-0.48-0.69-0.42-0.52-0.86-0.880.87-0.42-0.70.450.440.86-0.63-0.90.85-0.74
0.7-0.790.870.8-0.750.810.78-0.87-0.730.630.870.630.770.770.69-0.730.630.8-0.74-0.67-0.730.830.79-0.620.73
0.91-0.760.870.95-0.910.950.81-0.93-0.910.870.990.860.770.920.87-0.910.860.98-0.57-0.87-0.910.870.93-0.760.95
0.87-0.810.80.95-0.981.00.71-0.88-0.920.890.90.830.660.940.96-0.980.830.97-0.55-0.83-0.980.780.98-0.920.98
-0.780.88-0.75-0.91-0.98-0.97-0.610.790.82-0.81-0.84-0.73-0.56-0.95-0.991.0-0.73-0.920.450.731.0-0.7-0.990.95-0.96
0.88-0.80.810.951.0-0.970.72-0.9-0.930.90.910.840.670.930.95-0.970.840.97-0.55-0.85-0.980.790.97-0.910.98
0.86-0.550.780.810.71-0.610.72-0.85-0.80.730.880.831.00.690.58-0.620.830.76-0.49-0.86-0.620.990.68-0.430.69
-0.940.59-0.87-0.93-0.880.79-0.9-0.850.95-0.92-0.95-0.91-0.82-0.76-0.720.79-0.91-0.940.620.930.79-0.9-0.810.65-0.88
-0.980.55-0.73-0.91-0.920.82-0.93-0.80.95-0.98-0.91-0.97-0.77-0.81-0.790.83-0.97-0.950.580.980.84-0.84-0.830.73-0.92
0.97-0.480.630.870.89-0.810.90.73-0.92-0.980.870.970.690.760.77-0.820.970.94-0.44-0.97-0.830.780.8-0.720.93
0.93-0.690.870.990.9-0.840.910.88-0.95-0.910.870.890.840.880.8-0.840.890.96-0.57-0.9-0.840.920.88-0.660.91
0.99-0.420.630.860.83-0.730.840.83-0.91-0.970.970.890.80.730.69-0.741.00.9-0.42-1.0-0.750.850.75-0.590.87
0.83-0.520.770.770.66-0.560.671.0-0.82-0.770.690.840.80.650.53-0.560.80.71-0.51-0.83-0.570.980.63-0.380.63
0.79-0.860.770.920.94-0.950.930.69-0.76-0.810.760.880.730.650.96-0.940.730.9-0.56-0.73-0.940.740.97-0.860.91
0.74-0.880.690.870.96-0.990.950.58-0.72-0.790.770.80.690.530.96-0.980.690.88-0.44-0.69-0.990.660.98-0.960.93
-0.790.87-0.73-0.91-0.981.0-0.97-0.620.790.83-0.82-0.84-0.74-0.56-0.94-0.98-0.74-0.930.410.741.0-0.7-0.990.95-0.97
0.99-0.420.630.860.83-0.730.840.83-0.91-0.970.970.891.00.80.730.69-0.740.9-0.42-1.0-0.750.850.75-0.590.87
0.94-0.70.80.980.97-0.920.970.76-0.94-0.950.940.960.90.710.90.88-0.930.9-0.52-0.9-0.930.820.93-0.80.98
-0.460.45-0.74-0.57-0.550.45-0.55-0.490.620.58-0.44-0.57-0.42-0.51-0.56-0.440.41-0.42-0.520.470.43-0.49-0.470.43-0.44
-0.990.44-0.67-0.87-0.830.73-0.85-0.860.930.98-0.97-0.9-1.0-0.83-0.73-0.690.74-1.0-0.90.470.74-0.88-0.750.6-0.86
-0.790.86-0.73-0.91-0.981.0-0.98-0.620.790.84-0.83-0.84-0.75-0.57-0.94-0.991.0-0.75-0.930.430.74-0.7-0.990.95-0.97
0.89-0.630.830.870.78-0.70.790.99-0.9-0.840.780.920.850.980.740.66-0.70.850.82-0.49-0.88-0.70.76-0.520.76
0.8-0.90.790.930.98-0.990.970.68-0.81-0.830.80.880.750.630.970.98-0.990.750.93-0.47-0.75-0.990.76-0.920.96
-0.640.85-0.62-0.76-0.920.95-0.91-0.430.650.73-0.72-0.66-0.59-0.38-0.86-0.960.95-0.59-0.80.430.60.95-0.52-0.92-0.88
0.9-0.740.730.950.98-0.960.980.69-0.88-0.920.930.910.870.630.910.93-0.970.870.98-0.44-0.86-0.970.760.96-0.88
Click cells to compare fundamentals

Viant Technology Account Relationship Matchups

Viant Technology fundamental ratios Accounts

201920202021202220232024 (projected)
Total Assets106.9M133.5M389.1M377.9M404.9M274.8M
Short Long Term Debt Total17.5M23.5M63.8M28.7M25.4M30.0M
Other Current Liab4.2M36.9M2.5M42.5M53.7M56.4M
Total Current Liabilities61.1M79.7M83.1M87.1M108.9M85.4M
Total Stockholder Equity22.7M20.1M60.2M59.2M68.3M71.7M
Net Tangible Assets(1.5M)4.7M46.0M46.2M53.1M55.7M
Property Plant And Equipment Net14.9M13.8M22.3M49.5M51.3M30.7M
Current Deferred Revenue5.3M2.7M1.3M123K316K300.2K
Net Debt12.7M13.9M(221.0M)(177.9M)(191.0M)(181.5M)
Retained Earnings(77.0M)(72.1M)(20.1M)(36.3M)(43.5M)(45.7M)
Accounts Payable20.5M29.8M32.9M37.1M47.3M34.0M
Cash4.8M9.6M238.5M206.6M216.5M124.4M
Non Current Assets Total32.1M29.6M36.9M63.0M64.5M47.7M
Non Currrent Assets Other478K371K406K385K615K446.1K
Other Assets478K371K406K385K442.8K400.0K
Cash And Short Term Investments4.8M9.6M238.5M206.6M216.5M124.4M
Net Receivables68.1M89.8M110.7M101.7M117.5M98.3M
Liabilities And Stockholders Equity106.9M133.5M389.1M377.9M404.9M274.8M
Non Current Liabilities Total23.1M33.7M23.5M25.0M21.7M33.5M
Other Current Assets1.9M2.3M3.0M6.6M6.5M4.0M
Other Stockholder Equity92.2M84.7M80.2M95.4M111.7M85.5M
Total Liab84.2M113.4M106.6M112.1M130.5M95.5M
Net Invested Capital32.7M43.7M77.7M59.2M68.3M48.5M
Property Plant And Equipment Gross14.9M13.8M66.7M49.5M119.1M125.0M
Total Current Assets74.8M103.9M352.2M314.9M340.4M227.2M
Non Current Liabilities Other822K453K6.0M25.0M28.7M30.2M
Net Working Capital13.7M24.2M269.1M227.7M231.6M141.8M
Short Term Debt31.1M3.4M46.3M7.4M7.5M7.1M
Intangible Assets4.2M3.0M1.8M667K201K191.0K
Property Plant Equipment14.9M13.8M22.3M23.1M26.6M19.8M

Pair Trading with Viant Technology

One of the main advantages of trading using pair correlations is that every trade hedges away some risk. Because there are two separate transactions required, even if Viant Technology position performs unexpectedly, the other equity can make up some of the losses. Pair trading also minimizes risk from directional movements in the market. For example, if an entire industry or sector drops because of unexpected headlines, the short position in Viant Technology will appreciate offsetting losses from the drop in the long position's value.

Moving together with Viant Stock

  0.83DJCO Daily Journal CorpPairCorr
  0.9AI C3 Ai Inc Earnings Call This WeekPairCorr
  0.75BL BlacklinePairCorr

Moving against Viant Stock

  0.67VTEX VTEXPairCorr
  0.55VERB VERB TECHNOLOGY PANY Tech BoostPairCorr
The ability to find closely correlated positions to Viant Technology could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Viant Technology when you sell it. If you don't do this, your portfolio allocation will be skewed against your target asset allocation. So, investors can't just sell and buy back Viant Technology - that would be a violation of the tax code under the "wash sale" rule, and this is why you need to find a similar enough asset and use the proceeds from selling Viant Technology to buy it.
The correlation of Viant Technology is a statistical measure of how it moves in relation to other instruments. This measure is expressed in what is known as the correlation coefficient, which ranges between -1 and +1. A perfect positive correlation (i.e., a correlation coefficient of +1) implies that as Viant Technology moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Viant Technology moves in either direction, the perfectly negatively correlated security will move in the opposite direction. If the correlation is 0, the equities are not correlated; they are entirely random. A correlation greater than 0.8 is generally described as strong, whereas a correlation less than 0.5 is generally considered weak.
Correlation analysis and pair trading evaluation for Viant Technology can also be used as hedging techniques within a particular sector or industry or even over random equities to generate a better risk-adjusted return on your portfolios.
Pair CorrelationCorrelation Matching

Additional Tools for Viant Stock Analysis

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