Veritex Total Operating Expenses vs Ebit Analysis

VBTX Stock  USD 30.48  0.57  1.84%   
Veritex Holdings financial indicator trend analysis is much more than just breaking down Veritex Holdings prevalent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Veritex Holdings is a good investment. Please check the relationship between Veritex Holdings Total Operating Expenses and its Ebit accounts. Check out World Market Map to better understand how to build diversified portfolios, which includes a position in Veritex Holdings. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in estimate.
For more information on how to buy Veritex Stock please use our How to Invest in Veritex Holdings guide.

Total Operating Expenses vs Ebit

Total Operating Expenses vs Ebit Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Veritex Holdings Total Operating Expenses account and Ebit. At this time, the significance of the direction appears to have significant contrarian relationship.
The correlation between Veritex Holdings' Total Operating Expenses and Ebit is -0.39. Overlapping area represents the amount of variation of Total Operating Expenses that can explain the historical movement of Ebit in the same time period over historical financial statements of Veritex Holdings, assuming nothing else is changed. The correlation between historical values of Veritex Holdings' Total Operating Expenses and Ebit 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 Operating Expenses of Veritex Holdings are associated (or correlated) with its Ebit. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Ebit has no effect on the direction of Total Operating Expenses i.e., Veritex Holdings' Total Operating Expenses and Ebit go up and down completely randomly.

Correlation Coefficient

-0.39
Relationship DirectionNegative 
Relationship StrengthInsignificant

Total Operating Expenses

The total costs associated with the day-to-day operations of a business, excluding the cost of goods sold but including selling, general, and administrative expenses.

Ebit

Most indicators from Veritex Holdings' fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Veritex Holdings 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 Veritex Holdings. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in estimate.
For more information on how to buy Veritex Stock please use our How to Invest in Veritex Holdings guide.At this time, Veritex Holdings' Selling General Administrative is fairly stable compared to the past year. Sales General And Administrative To Revenue is likely to rise to 0.48 in 2024, whereas Tax Provision is likely to drop slightly above 23.6 M in 2024.
 2021 2022 2023 2024 (projected)
Gross Profit333.4M422.6M726.9M763.2M
Total Revenue333.4M422.6M726.9M763.2M

Veritex Holdings fundamental ratios Correlations

0.990.31-0.690.980.990.890.980.810.780.630.890.850.430.970.920.920.70.70.350.220.910.60.49-0.191.0
0.990.38-0.630.951.00.911.00.860.790.590.870.90.450.940.870.890.680.710.380.250.930.580.45-0.150.99
0.310.380.440.110.390.360.40.360.110.140.330.580.010.230.120.230.00.260.20.120.30.3-0.560.740.28
-0.69-0.630.44-0.82-0.61-0.52-0.59-0.41-0.51-0.64-0.57-0.31-0.2-0.74-0.8-0.73-0.52-0.4-0.09-0.07-0.58-0.49-0.880.73-0.71
0.980.950.11-0.820.940.850.940.760.790.640.830.760.430.960.940.920.730.630.260.170.880.570.63-0.350.98
0.991.00.39-0.610.940.920.990.860.780.60.870.910.440.930.860.880.650.710.40.260.920.580.45-0.140.98
0.890.910.36-0.520.850.920.930.960.870.320.740.960.660.770.680.690.690.750.480.330.990.30.45-0.20.88
0.981.00.4-0.590.940.990.930.880.810.560.840.920.480.920.850.870.660.70.370.270.930.550.43-0.130.98
0.810.860.36-0.410.760.860.960.880.90.160.650.940.750.650.530.570.650.780.590.390.950.140.45-0.230.8
0.780.790.11-0.510.790.780.870.810.90.040.670.810.890.650.570.540.850.770.570.410.89-0.020.54-0.360.78
0.630.590.14-0.640.640.60.320.560.160.040.590.28-0.40.760.810.820.090.17-0.15-0.090.340.980.32-0.080.64
0.890.870.33-0.570.830.870.740.840.650.670.590.740.350.880.830.820.670.80.530.370.770.590.37-0.080.89
0.850.90.58-0.310.760.910.960.920.940.810.280.740.620.720.610.640.610.710.480.350.930.310.210.050.84
0.430.450.01-0.20.430.440.660.480.750.89-0.40.350.620.240.150.10.70.610.590.470.67-0.450.38-0.330.42
0.970.940.23-0.740.960.930.770.920.650.650.760.880.720.240.980.970.670.590.210.070.80.730.48-0.170.97
0.920.870.12-0.80.940.860.680.850.530.570.810.830.610.150.980.950.610.460.060.040.720.760.5-0.210.93
0.920.890.23-0.730.920.880.690.870.570.540.820.820.640.10.970.950.570.540.150.010.730.790.47-0.180.92
0.70.680.0-0.520.730.650.690.660.650.850.090.670.610.70.670.610.570.640.40.030.730.020.44-0.260.71
0.70.710.26-0.40.630.710.750.70.780.770.170.80.710.610.590.460.540.640.90.580.790.150.47-0.290.69
0.350.380.2-0.090.260.40.480.370.590.57-0.150.530.480.590.210.060.150.40.90.650.51-0.150.31-0.240.34
0.220.250.12-0.070.170.260.330.270.390.41-0.090.370.350.470.070.040.010.030.580.650.37-0.090.22-0.210.22
0.910.930.3-0.580.880.920.990.930.950.890.340.770.930.670.80.720.730.730.790.510.370.310.52-0.270.91
0.60.580.3-0.490.570.580.30.550.14-0.020.980.590.31-0.450.730.760.790.020.15-0.15-0.090.310.150.10.61
0.490.45-0.56-0.880.630.450.450.430.450.540.320.370.210.380.480.50.470.440.470.310.220.520.15-0.940.51
-0.19-0.150.740.73-0.35-0.14-0.2-0.13-0.23-0.36-0.08-0.080.05-0.33-0.17-0.21-0.18-0.26-0.29-0.24-0.21-0.270.1-0.94-0.21
1.00.990.28-0.710.980.980.880.980.80.780.640.890.840.420.970.930.920.710.690.340.220.910.610.51-0.21
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Veritex Holdings Account Relationship Matchups

Veritex Holdings fundamental ratios Accounts

201920202021202220232024 (projected)
Total Assets8.0B8.8B9.8B12.2B12.4B13.0B
Total Stockholder Equity1.2B1.2B1.3B1.4B1.5B1.6B
Non Current Assets Total1.6B1.7B1.8B566.5M1.8B1.4B
Non Currrent Assets Other(29.1M)(40.7M)(36.6M)(1.5B)(1.8B)(1.7B)
Other Assets6.1B5.9B6.6B11.0B9.9B10.4B
Good Will370.7M370.8M403.8M404.5M465.1M488.4M
Common Stock Shares Outstanding54.0M50.0M50.4M54.0M54.6M29.2M
Liabilities And Stockholders Equity8.0B8.8B9.8B12.2B12.4B13.0B
Other Stockholder Equity1.0B974.4M975.2M1.1B1.1B1.2B
Intangible Assets72.3M61.7M66.0M53.2M41.8M27.0M
Short Long Term Debt Total825.8M1.0B1.0B1.4B329.8M451.3M
Total Current Liabilities43.8M61.9M69.2M177.6M7.0B7.4B
Other Liab878K11.3M11.3M10.1M11.6M12.2M
Property Plant And Equipment Net118.5M115.1M109.3M108.8M105.7M71.3M
Net Debt574.2M809.7M625.5M967.7M(299.3M)(284.3M)
Retained Earnings147.9M172.2M275.3M379.3M444.2M466.5M
Accounts Payable43.8M61.9M69.2M177.6M204.2M214.4M
Cash251.6M230.8M379.8M436.1M629.1M660.5M
Long Term Debt147.9M265.0M1.0B1.4B329.8M297.1M
Cash And Short Term Investments251.6M1.3B1.4B558.5M629.1M442.8M
Net Receivables10.4M6.7B7.3B1.7M2.0M1.9M
Common Stock Total Equity243K549K73.9M560K644K611.8K
Short Term Investments964.4M1.0B993.1M1.1B1.1B548.4M
Non Current Liabilities Total825.8M1.0B1.0B177.6M10.9B11.4B
Inventory(2.4B)(2.7B)6.0M2.3M2.1M2.2M
Other Current Assets267.9M258.7M491.4M437.8M629.1M689.6M
Total Liab6.8B7.6B8.4B10.7B10.9B11.4B
Property Plant And Equipment Gross118.5M133.5M130.8M135.4M137.1M80.2M
Total Current Assets251.6M1.3B1.4B558.5M629.1M375.2M
Accumulated Other Comprehensive Income19.1M56.2M64.1M(69.4M)(63.5M)(60.3M)
Common Stock511K555K560K607K610K348.0K
Property Plant Equipment118.5M115.1M109.3M125.6M144.4M151.6M
Other Current Liab(43.8M)(118.0M)(102.6M)724.6M6.9B7.2B
Net Tangible Assets747.7M770.8M845.3M1.0B1.2B1.2B
Retained Earnings Total Equity84.0M147.9M172.2M275.3M316.6M332.4M
Long Term Debt Total16.7M147.9M265.0M227.8M261.9M275.0M
Capital Surpluse449.4M1.1B1.1B1.1B1.3B1.4B
Long Term Investments7.0B1.2B1.2B1.4B1.3B2.1B

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