VersaBank Income Tax Expense vs Ebitda Analysis
VBNK Stock | USD 17.99 0.05 0.28% |
VersaBank financial indicator trend analysis is much more than just breaking down VersaBank prevalent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether VersaBank is a good investment. Please check the relationship between VersaBank Income Tax Expense and its Ebitda accounts. Check out World Market Map to better understand how to build diversified portfolios, which includes a position in VersaBank. 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 information on how to buy VersaBank Stock please use our How to buy in VersaBank Stock guide.
Income Tax Expense vs Ebitda
Income Tax Expense vs Ebitda Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of VersaBank Income Tax Expense account and Ebitda. At this time, the significance of the direction appears to have very strong relationship.
The correlation between VersaBank's Income Tax Expense and Ebitda is 0.83. Overlapping area represents the amount of variation of Income Tax Expense that can explain the historical movement of Ebitda in the same time period over historical financial statements of VersaBank, assuming nothing else is changed. The correlation between historical values of VersaBank's Income Tax Expense and Ebitda is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Income Tax Expense of VersaBank are associated (or correlated) with its Ebitda. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Ebitda has no effect on the direction of Income Tax Expense i.e., VersaBank's Income Tax Expense and Ebitda go up and down completely randomly.
Correlation Coefficient | 0.83 |
Relationship Direction | Positive |
Relationship Strength | Strong |
Income Tax Expense
Ebitda
Most indicators from VersaBank's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into VersaBank 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 VersaBank. 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 information on how to buy VersaBank Stock please use our How to buy in VersaBank Stock guide.At this time, VersaBank's Selling General Administrative is quite stable compared to the past year. Enterprise Value Over EBITDA is expected to rise to 3.98 this year, although the value of Sales General And Administrative To Revenue will most likely fall to 0.15.
2021 | 2022 | 2023 | 2024 (projected) | Gross Profit | 82.4M | 109.2M | 125.6M | 131.9M | Total Revenue | 82.4M | 108.6M | 124.9M | 131.2M |
VersaBank fundamental ratios Correlations
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VersaBank Account Relationship Matchups
High Positive Relationship
High Negative Relationship
VersaBank fundamental ratios Accounts
2019 | 2020 | 2021 | 2022 | 2023 | 2024 (projected) | ||
Total Assets | 1.9B | 2.4B | 3.3B | 4.2B | 4.8B | 5.1B | |
Short Long Term Debt Total | 16.7M | 100.4M | 105.0M | 110.6M | 127.2M | 67.1M | |
Other Current Liab | (96.1M) | (120.6M) | (13.5M) | (23.9M) | (21.5M) | (22.6M) | |
Total Current Liabilities | 100.3M | 117.7M | 7.7M | 9.7M | 11.1M | 10.6M | |
Total Stockholder Equity | 255.3M | 332.1M | 349.1M | 377.2M | 433.7M | 238.8M | |
Property Plant And Equipment Net | 10.4M | 11.9M | 11.0M | 10.0M | 11.5M | 8.1M | |
Net Debt | (240.9M) | (171.1M) | 16.4M | (21.6M) | (24.9M) | (26.1M) | |
Retained Earnings | 73.2M | 90.6M | 109.3M | 146.0M | 167.9M | 176.3M | |
Accounts Payable | 96.1M | 117.7M | 7.7M | 7.5M | 8.6M | 8.2M | |
Cash | 257.6M | 271.5M | 88.6M | 132.2M | 152.1M | 172.6M | |
Non Current Assets Total | 19.1M | 22.2M | 141.6M | 4.1B | 4.7B | 4.9B | |
Non Currrent Assets Other | (19.1M) | (2.9M) | (141.6M) | 3.9B | 4.5B | 4.7B | |
Other Assets | 1.7B | 2.1B | 3.0B | 1.0 | 1.15 | 1.09 | |
Cash And Short Term Investments | 257.6M | 271.5M | 88.6M | 132.2M | 152.1M | 172.6M | |
Net Receivables | 6.8M | 10.8M | 18.5M | 24.5M | 28.2M | 29.6M | |
Liabilities And Stockholders Equity | 1.9B | 2.4B | 3.3B | 4.2B | 4.8B | 5.1B | |
Non Current Liabilities Total | 16.7M | 101.3M | 2.9B | 3.8B | 4.4B | 4.6B | |
Total Liab | 1.7B | 2.1B | 2.9B | 3.8B | 4.4B | 4.6B | |
Total Current Assets | 264.5M | 282.4M | 88.6M | 132.2M | 152.1M | 178.9M | |
Other Liab | 4.0M | 8.8M | 134.9M | 9.5M | 11.0M | 10.4M | |
Net Tangible Assets | 226.0M | 309.1M | 341.7M | 368.6M | 423.9M | 287.5M | |
Other Current Assets | 257.9M | 274.2M | 92.4M | 156.8M | 180.3M | 146.7M | |
Property Plant Equipment | 10.4M | 11.9M | 11.0M | 10.0M | 11.5M | 10.6M | |
Long Term Debt | 13.6M | 95.3M | 105.0M | 106.9M | 122.9M | 73.7M | |
Net Invested Capital | 239.6M | 413.7M | 454.0M | 470.4M | 540.9M | 378.4M | |
Long Term Investments | 8.6M | 953K | 141.6M | 168.9M | 194.2M | 203.9M | |
Inventory | (257.9M) | (274.2M) | (110.8M) | (156.8M) | (180.3M) | (189.3M) |
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Is Regional Banks 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 VersaBank. If investors know VersaBank 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 VersaBank listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Quarterly Earnings Growth (0.04) | Dividend Share 0.1 | Earnings Share 1.25 | Revenue Per Share 4.385 | Quarterly Revenue Growth 0.012 |
The market value of VersaBank is measured differently than its book value, which is the value of VersaBank that is recorded on the company's balance sheet. Investors also form their own opinion of VersaBank's value that differs from its market value or its book value, called intrinsic value, which is VersaBank'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 VersaBank's market value can be influenced by many factors that don't directly affect VersaBank'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 VersaBank's value and its price as these two are different measures arrived at by different means. Investors typically determine if VersaBank is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, VersaBank'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.