Vivani Ptb Ratio vs Pfcf Ratio Analysis
VANI Stock | USD 1.34 0.01 0.75% |
Vivani Medical financial indicator trend analysis is much more than just breaking down Vivani Medical prevalent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Vivani Medical is a good investment. Please check the relationship between Vivani Medical Ptb Ratio and its Pfcf Ratio accounts. Check out World Market Map to better understand how to build diversified portfolios, which includes a position in Vivani Medical. 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. For more detail on how to invest in Vivani Stock please use our How to Invest in Vivani Medical guide.
Ptb Ratio vs Pfcf Ratio
Ptb Ratio vs Pfcf Ratio Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Vivani Medical Ptb Ratio account and Pfcf Ratio. At this time, the significance of the direction appears to have almost identical trend.
The correlation between Vivani Medical's Ptb Ratio and Pfcf Ratio is 0.93. Overlapping area represents the amount of variation of Ptb Ratio that can explain the historical movement of Pfcf Ratio in the same time period over historical financial statements of Vivani Medical, assuming nothing else is changed. The correlation between historical values of Vivani Medical's Ptb Ratio and Pfcf Ratio is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Ptb Ratio of Vivani Medical are associated (or correlated) with its Pfcf Ratio. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Pfcf Ratio has no effect on the direction of Ptb Ratio i.e., Vivani Medical's Ptb Ratio and Pfcf Ratio go up and down completely randomly.
Correlation Coefficient | 0.93 |
Relationship Direction | Positive |
Relationship Strength | Very Strong |
Ptb Ratio
Price-to-Book ratio, a financial valuation metric used to compare a company's current market price to its book value. It provides insight into the value that market participants place on the company's equity relative to its net asset value.Pfcf Ratio
Most indicators from Vivani Medical's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Vivani Medical 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 Vivani Medical. 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. For more detail on how to invest in Vivani Stock please use our How to Invest in Vivani Medical guide.The current Selling General Administrative is estimated to decrease to about 7.9 M. The current Issuance Of Capital Stock is estimated to decrease to about 126.3 K
2021 | 2022 | 2023 | 2024 (projected) | Total Operating Expenses | 13.3M | 21.2M | 27.0M | 24.7M | Cost Of Revenue | 345K | 381K | 357K | 339.2K |
Vivani Medical fundamental ratios Correlations
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Vivani Medical Account Relationship Matchups
High Positive Relationship
High Negative Relationship
Vivani Medical fundamental ratios Accounts
2019 | 2020 | 2021 | 2022 | 2023 | 2024 (projected) | ||
Total Assets | 16.6M | 5.2M | 5.5M | 51.1M | 45.8M | 23.7M | |
Other Current Liab | 5.3M | 573K | 895K | 3.7M | 2.4M | 2.8M | |
Total Current Liabilities | 7.0M | 2.2M | 2.1M | 6.8M | 5.7M | 6.0M | |
Total Stockholder Equity | 7.3M | 2.0M | 2.5M | 44.3M | 20.8M | 13.0M | |
Property Plant And Equipment Net | 3.5M | 2.6M | 2.8M | 2.0M | 21.3M | 22.4M | |
Net Debt | (8.7M) | 386K | (366K) | (44.1M) | 42K | 44.1K | |
Retained Earnings | (304.8M) | (46.1M) | (58.9M) | (72.8M) | (98.4M) | (103.4M) | |
Accounts Payable | 1.1M | 223K | 281K | 1.2M | 542K | 806.5K | |
Cash | 11.3M | 2.1M | 2.2M | 45.1M | 20.7M | 21.7M | |
Non Current Assets Total | 3.5M | 2.8M | 3.0M | 3.6M | 22.7M | 23.9M | |
Non Currrent Assets Other | 37K | 25K | 200K | 275K | 1.4M | 1.5M | |
Cash And Short Term Investments | 11.3M | 2.1M | 2.2M | 45.1M | 20.7M | 15.4M | |
Common Stock Shares Outstanding | 4.9M | 6.9M | 11.0M | 38.2M | 50.9M | 53.4M | |
Liabilities And Stockholders Equity | 16.6M | 5.2M | 5.5M | 51.1M | 45.8M | 23.7M | |
Other Current Assets | 299K | 348K | 291K | 2.5M | 2.4M | 2.5M | |
Other Stockholder Equity | 48.6M | 5.0M | 6.7M | 8.0M | 119.1M | 125.0M | |
Total Liab | 9.3M | 3.3M | 3.0M | 6.8M | 25.0M | 26.3M | |
Total Current Assets | 13.1M | 2.4M | 2.5M | 47.5M | 23.1M | 19.6M | |
Accumulated Other Comprehensive Income | (562K) | (448K) | (379K) | 35K | 140K | 147K | |
Common Stock | 264.0M | 43.0M | 54.6M | 109.1M | 5K | 4.8K |
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When determining whether Vivani Medical offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of Vivani Medical's financial statements, including income statements, balance sheets, and cash flow statements, to assess its financial health. Key financial ratios are used to gauge profitability, efficiency, and growth potential of Vivani Medical Stock. Outlined below are crucial reports that will aid in making a well-informed decision on Vivani Medical Stock:Check out World Market Map to better understand how to build diversified portfolios, which includes a position in Vivani Medical. 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. For more detail on how to invest in Vivani Stock please use our How to Invest in Vivani Medical guide.You can also try the Equity Valuation module to check real value of public entities based on technical and fundamental data.
Is Biotechnology space expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of Vivani Medical. If investors know Vivani will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about Vivani Medical listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Earnings Share (0.43) | Return On Assets (0.29) | Return On Equity (0.86) |
The market value of Vivani Medical is measured differently than its book value, which is the value of Vivani that is recorded on the company's balance sheet. Investors also form their own opinion of Vivani Medical's value that differs from its market value or its book value, called intrinsic value, which is Vivani Medical's true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because Vivani Medical's market value can be influenced by many factors that don't directly affect Vivani Medical's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between Vivani Medical's value and its price as these two are different measures arrived at by different means. Investors typically determine if Vivani Medical is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Vivani Medical's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.