Venzee Current Deferred Revenue vs Other Assets 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 Current Deferred Revenue and its Other Assets 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.
Current Deferred Revenue vs Other Assets
Current Deferred Revenue vs Other Assets Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Venzee Technologies Current Deferred Revenue account and Other Assets. At this time, the significance of the direction appears to have weak relationship.
The correlation between Venzee Technologies' Current Deferred Revenue and Other Assets is 0.31. Overlapping area represents the amount of variation of Current Deferred Revenue that can explain the historical movement of Other Assets 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' Current Deferred Revenue and Other Assets is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Current Deferred Revenue of Venzee Technologies are associated (or correlated) with its Other Assets. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Other Assets has no effect on the direction of Current Deferred Revenue i.e., Venzee Technologies' Current Deferred Revenue and Other Assets go up and down completely randomly.
Correlation Coefficient | 0.31 |
Relationship Direction | Positive |
Relationship Strength | Very Weak |
Current Deferred Revenue
Revenue that has been collected but not yet earned, typically from prepaid service contracts or subscriptions. This amount is considered a liability until the service is provided or the subscription period ends.Other Assets
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.