Venzee Accounts Payable vs Property Plant And Equipment Net Analysis
VENZ Stock | CAD 0.16 0.01 6.67% |
Venzee Technologies financial indicator trend analysis is much more than just breaking down Venzee Technologies prevalent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Venzee Technologies is a good investment. Please check the relationship between Venzee Technologies Accounts Payable and its Property Plant And Equipment Net accounts. Check out World Market Map to better understand how to build diversified portfolios, which includes a position in Venzee Technologies. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in nation.
Accounts Payable vs Property Plant And Equipment Net
Accounts Payable vs Property Plant And Equipment Net Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Venzee Technologies Accounts Payable account and Property Plant And Equipment Net. At this time, the significance of the direction appears to have weak contrarian relationship.
The correlation between Venzee Technologies' Accounts Payable and Property Plant And Equipment Net is -0.01. Overlapping area represents the amount of variation of Accounts Payable that can explain the historical movement of Property Plant And Equipment Net in the same time period over historical financial statements of Venzee Technologies, assuming nothing else is changed. The correlation between historical values of Venzee Technologies' Accounts Payable and Property Plant And Equipment Net is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Accounts Payable of Venzee Technologies are associated (or correlated) with its Property Plant And Equipment Net. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Property Plant And Equipment Net has no effect on the direction of Accounts Payable i.e., Venzee Technologies' Accounts Payable and Property Plant And Equipment Net go up and down completely randomly.
Correlation Coefficient | -0.01 |
Relationship Direction | Negative |
Relationship Strength | Insignificant |
Accounts Payable
An accounting item on the balance sheet that represents Venzee Technologies obligation to pay off a short-term debt to its creditors. The accounts payable entry is usually reported under current liabilities. If accounts payable of Venzee Technologies are not paid within the agreed terms, the payables are considered to be in default, which may trigger a penalty or interest payment, or the revocation of additional credit from the supplier. Accounts payable may also be considered a source of cash, since they represent funds being borrowed from suppliers. Given these cash flow considerations, suppliers have a natural inclination to push for shorter payment terms, while creditors want to lengthen the payment terms. The amount a company owes to suppliers or vendors for products or services received but not yet paid for. It represents the company's short-term liabilities.Property Plant And Equipment Net
The total value of a company's physical assets (such as land, buildings, and equipment) used in operations, net of depreciation. It reflects the company's investment in assets used for production.Most indicators from Venzee Technologies' fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Venzee Technologies 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 Venzee Technologies. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in nation. Sales General And Administrative To Revenue is likely to climb to 22.25 in 2024, whereas Selling General Administrative is likely to drop slightly above 587.8 K in 2024.
Venzee Technologies fundamental ratios Correlations
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Venzee Technologies Account Relationship Matchups
High Positive Relationship
High Negative Relationship
Venzee Technologies fundamental ratios Accounts
2019 | 2020 | 2021 | 2022 | 2023 | 2024 (projected) | ||
Total Assets | 170.1K | 1.4M | 605.4K | 25.4K | 20.5K | 138.2K | |
Other Current Liab | (13.7K) | 8.4K | 68.1K | 270.2K | 243.1K | 255.3K | |
Total Current Liabilities | 349.9K | 141.7K | 221.6K | 998.1K | 602.3K | 36.8K | |
Total Stockholder Equity | (179.8K) | 1.3M | 383.8K | (972.7K) | (1.1M) | 101.4K | |
Net Debt | 35.3K | (1.3M) | (487.2K) | 181.6K | 876.5K | 920.3K | |
Retained Earnings | (15.2M) | (16.9M) | (20.6M) | (23.1M) | (23.8M) | (32.0M) | |
Cash | 53.2K | 1.3M | 534.3K | 3.6K | 17.3K | 132.7K | |
Cash And Short Term Investments | 53.2K | 1.3M | 534.3K | 3.6K | 3.2K | 3.0K | |
Net Receivables | 44.2K | 11.7K | 24.8K | 15.2K | 13.7K | 13.0K | |
Common Stock Shares Outstanding | 102.5M | 157.6M | 222.9M | 242.9M | 30.9M | 38.4M | |
Liabilities And Stockholders Equity | 170.1K | 1.4M | 605.4K | 25.4K | 22.9K | 21.7K | |
Other Stockholder Equity | 1.3M | 64.6K | 2.1M | 75.8K | 68.2K | 64.8K | |
Total Liab | 349.9K | 141.7K | 221.6K | 998.1K | 1.1M | 36.8K | |
Total Current Assets | 121.9K | 1.4M | 605.4K | 25.4K | 20.5K | 138.2K | |
Common Stock | 13.2M | 16.2M | 18.2M | 19.0M | 21.9M | 16.7M | |
Accounts Payable | 254.8K | 112.0K | 211.9K | 538.8K | 9.8K | 9.3K | |
Inventory | (4.0K) | (7.3K) | (20.0K) | (12.2K) | (11.0K) | (11.5K) | |
Other Current Assets | 14.9K | 31.7K | 93.0K | 58.5K | 52.7K | 32.2K | |
Short Long Term Debt Total | 88.5K | 47.1K | 47.1K | 185.2K | 166.6K | 236.9K | |
Current Deferred Revenue | 20.3K | (25.9K) | (105.4K) | 4.0K | 3.6K | 3.7K | |
Accumulated Other Comprehensive Income | 1.7M | 2.1M | 2.8M | 3.1M | 2.8M | 2.6M | |
Short Term Debt | 88.5K | 47.1K | 47.1K | 185.2K | 166.6K | 236.9K | |
Net Tangible Assets | 4.7M | 901.0K | (202.2K) | 1.3M | 1.5M | 1.5M | |
Short Long Term Debt | 88.5K | 47.1K | 47.1K | 185.2K | 387.5K | 272.8K | |
Net Invested Capital | (91.3K) | 1.3M | 430.9K | (787.5K) | (215.5K) | (204.7K) | |
Net Working Capital | (228.0K) | 1.3M | 383.8K | (972.7K) | (581.8K) | (552.7K) | |
Capital Stock | 13.2M | 16.2M | 18.2M | 19.0M | 19.5M | 17.9M |
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When running Venzee Technologies' price analysis, check to measure Venzee Technologies' 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 Venzee Technologies is operating at the current time. Most of Venzee Technologies' value examination focuses on studying past and present price action to predict the probability of Venzee Technologies' future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Venzee Technologies' price. Additionally, you may evaluate how the addition of Venzee Technologies to your portfolios can decrease your overall portfolio volatility.