VBTX Stock | | | USD 30.07 0.70 2.38% |
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 Revenue and its Other Operating Expenses 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 Revenue vs Other Operating Expenses
Total Revenue vs Other Operating Expenses Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of
Veritex Holdings Total Revenue account and
Other Operating Expenses. At this time, the significance of the direction appears to have weak relationship.
The correlation between Veritex Holdings' Total Revenue and Other Operating Expenses is 0.36. Overlapping area represents the amount of variation of Total Revenue that can explain the historical movement of Other Operating Expenses 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 Revenue and Other Operating Expenses 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 Revenue of Veritex Holdings are associated (or correlated) with its Other Operating Expenses. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Other Operating Expenses has no effect on the direction of Total Revenue i.e., Veritex Holdings' Total Revenue and Other Operating Expenses go up and down completely randomly.
Correlation Coefficient | 0.36 |
Relationship Direction | Positive |
Relationship Strength | Very Weak |
Total Revenue
Total revenue comprises all receipts Veritex Holdings generated from the sale of its products or services. The total amount of income generated by the sale of goods or services related to the company's primary operations.
Other Operating Expenses
Other Operating Expenses is the expense which generally does not depend on sales or production quantities of Veritex Holdings. It is also known as Veritex Holdings overhead expenses. Typically these expenses include marketing, rent and utilities, office, leases, and other overhead cost. Expenses incurred from non-core business activities, including administrative and general expenses, but excluding costs directly related to production.
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 Profit | 333.4M | 422.6M | 726.9M | 763.2M | Total Revenue | 333.4M | 422.6M | 726.9M | 763.2M |
Veritex Holdings fundamental ratios Correlations
Click cells to compare fundamentals
Veritex Holdings Account Relationship Matchups
High Positive Relationship
High Negative Relationship
Veritex Holdings fundamental ratios Accounts
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Additional Tools for Veritex Stock Analysis
When running Veritex Holdings' price analysis, check to
measure Veritex Holdings' 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 Veritex Holdings is operating at the current time. Most of Veritex Holdings' value examination focuses on studying past and present price action to
predict the probability of Veritex Holdings' future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Veritex Holdings' price. Additionally, you may evaluate how the addition of Veritex Holdings to your portfolios can decrease your overall portfolio volatility.