Venzee Other Assets vs Total 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 Other Assets and its Total 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.

Other Assets vs Total Assets

Other Assets vs Total Assets Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Venzee Technologies Other Assets account and Total Assets. At this time, the significance of the direction appears to have weak contrarian relationship.
The correlation between Venzee Technologies' Other Assets and Total Assets is -0.17. Overlapping area represents the amount of variation of Other Assets that can explain the historical movement of Total 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' Other Assets and Total 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 Other Assets of Venzee Technologies are associated (or correlated) with its Total Assets. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Total Assets has no effect on the direction of Other Assets i.e., Venzee Technologies' Other Assets and Total Assets go up and down completely randomly.

Correlation Coefficient

-0.17
Relationship DirectionNegative 
Relationship StrengthInsignificant

Other Assets

Total Assets

Total assets refers to the total amount of Venzee Technologies assets owned. Assets are items that have some economic value and are expended over time to create a benefit for the owner. These assets are usually recorded in Venzee Technologies books under different categories such as cash, marketable securities, accounts receivable,prepaid expenses, inventory, fixed assets, intangible assets, other assets, marketable securities, accounts receivable, prepaid expenses and others. The total value of all owned resources that are expected to provide future economic benefits to the business, including cash, investments, accounts receivable, inventory, property, plant, equipment, and intangible 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

-0.390.040.94-0.920.340.960.190.970.49-0.12-0.190.27-0.010.97-0.37-0.170.240.620.060.14-0.230.09-0.23-0.220.6
-0.390.01-0.390.44-0.65-0.490.47-0.51-0.18-0.070.190.390.08-0.50.420.16-0.21-0.390.07-0.130.31-0.10.310.38-0.28
0.040.01-0.30.10.460.09-0.080.06-0.040.070.14-0.360.970.050.160.160.150.21-0.05-0.160.110.160.110.210.04
0.94-0.39-0.3-0.910.170.880.210.90.49-0.13-0.250.37-0.360.9-0.4-0.230.20.530.090.16-0.240.03-0.24-0.340.53
-0.920.440.1-0.91-0.25-0.92-0.05-0.93-0.3-0.070.13-0.440.15-0.920.430.1-0.16-0.70.03-0.190.34-0.070.340.2-0.68
0.34-0.650.460.17-0.250.35-0.360.420.490.15-0.48-0.360.420.43-0.65-0.47-0.170.32-0.140.47-0.53-0.04-0.530.090.27
0.96-0.490.090.88-0.920.35-0.050.990.3-0.04-0.020.170.040.99-0.37-0.010.230.71-0.070.1-0.280.13-0.28-0.220.71
0.190.47-0.080.21-0.05-0.36-0.05-0.040.29-0.25-0.060.42-0.1-0.040.27-0.040.26-0.20.35-0.240.330.070.33-0.14-0.25
0.97-0.510.060.9-0.930.420.99-0.040.42-0.06-0.160.170.021.0-0.43-0.150.20.69-0.020.18-0.30.09-0.3-0.190.67
0.49-0.18-0.040.49-0.30.490.30.290.42-0.35-0.860.03-0.080.44-0.41-0.860.020.070.470.32-0.11-0.16-0.110.0-0.09
-0.12-0.070.07-0.13-0.070.15-0.04-0.25-0.06-0.350.150.090.04-0.07-0.380.16-0.590.47-0.730.51-0.59-0.39-0.590.220.43
-0.190.190.14-0.250.13-0.48-0.02-0.06-0.16-0.860.15-0.020.19-0.180.41.00.150.08-0.4-0.50.130.310.13-0.090.28
0.270.39-0.360.37-0.44-0.360.170.420.170.030.09-0.02-0.330.18-0.18-0.02-0.140.080.030.15-0.2-0.02-0.20.070.24
-0.010.080.97-0.360.150.420.04-0.10.02-0.080.040.19-0.330.010.140.20.060.15-0.1-0.110.050.160.050.390.09
0.97-0.50.050.9-0.920.430.99-0.041.00.44-0.07-0.180.180.01-0.45-0.170.180.68-0.020.19-0.320.07-0.32-0.190.67
-0.370.420.16-0.40.43-0.65-0.370.27-0.43-0.41-0.380.4-0.180.14-0.450.430.57-0.450.36-0.740.930.10.93-0.22-0.61
-0.170.160.16-0.230.1-0.47-0.01-0.04-0.15-0.860.161.0-0.020.2-0.170.430.20.11-0.38-0.520.160.310.16-0.120.26
0.24-0.210.150.2-0.16-0.170.230.260.20.02-0.590.15-0.140.060.180.570.2-0.010.67-0.840.710.570.71-0.57-0.35
0.62-0.390.210.53-0.70.320.71-0.20.690.070.470.080.080.150.68-0.450.11-0.01-0.270.17-0.470.13-0.470.080.75
0.060.07-0.050.090.03-0.14-0.070.35-0.020.47-0.73-0.40.03-0.1-0.020.36-0.380.67-0.27-0.560.610.30.61-0.23-0.58
0.14-0.13-0.160.16-0.190.470.1-0.240.180.320.51-0.50.15-0.110.19-0.74-0.52-0.840.17-0.56-0.76-0.54-0.760.440.38
-0.230.310.11-0.240.34-0.53-0.280.33-0.3-0.11-0.590.13-0.20.05-0.320.930.160.71-0.470.61-0.760.161.0-0.35-0.72
0.09-0.10.160.03-0.07-0.040.130.070.09-0.16-0.390.31-0.020.160.070.10.310.570.130.3-0.540.160.16-0.070.01
-0.230.310.11-0.240.34-0.53-0.280.33-0.3-0.11-0.590.13-0.20.05-0.320.930.160.71-0.470.61-0.761.00.16-0.35-0.72
-0.220.380.21-0.340.20.09-0.22-0.14-0.190.00.22-0.090.070.39-0.19-0.22-0.12-0.570.08-0.230.44-0.35-0.07-0.350.19
0.6-0.280.040.53-0.680.270.71-0.250.67-0.090.430.280.240.090.67-0.610.26-0.350.75-0.580.38-0.720.01-0.720.19
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Venzee Technologies Account Relationship Matchups

Venzee Technologies fundamental ratios Accounts

201920202021202220232024 (projected)
Total Assets170.1K1.4M605.4K25.4K20.5K138.2K
Other Current Liab(13.7K)8.4K68.1K270.2K243.1K255.3K
Total Current Liabilities349.9K141.7K221.6K998.1K602.3K36.8K
Total Stockholder Equity(179.8K)1.3M383.8K(972.7K)(1.1M)101.4K
Net Debt35.3K(1.3M)(487.2K)181.6K876.5K920.3K
Retained Earnings(15.2M)(16.9M)(20.6M)(23.1M)(23.8M)(32.0M)
Cash53.2K1.3M534.3K3.6K17.3K132.7K
Cash And Short Term Investments53.2K1.3M534.3K3.6K3.2K3.0K
Net Receivables44.2K11.7K24.8K15.2K13.7K13.0K
Common Stock Shares Outstanding102.5M157.6M222.9M242.9M30.9M38.4M
Liabilities And Stockholders Equity170.1K1.4M605.4K25.4K22.9K21.7K
Other Stockholder Equity1.3M64.6K2.1M75.8K68.2K64.8K
Total Liab349.9K141.7K221.6K998.1K1.1M36.8K
Total Current Assets121.9K1.4M605.4K25.4K20.5K138.2K
Common Stock13.2M16.2M18.2M19.0M21.9M16.7M
Accounts Payable254.8K112.0K211.9K538.8K9.8K9.3K
Inventory(4.0K)(7.3K)(20.0K)(12.2K)(11.0K)(11.5K)
Other Current Assets14.9K31.7K93.0K58.5K52.7K32.2K
Short Long Term Debt Total88.5K47.1K47.1K185.2K166.6K236.9K
Current Deferred Revenue20.3K(25.9K)(105.4K)4.0K3.6K3.7K
Accumulated Other Comprehensive Income1.7M2.1M2.8M3.1M2.8M2.6M
Short Term Debt88.5K47.1K47.1K185.2K166.6K236.9K
Net Tangible Assets4.7M901.0K(202.2K)1.3M1.5M1.5M
Short Long Term Debt88.5K47.1K47.1K185.2K387.5K272.8K
Net Invested Capital(91.3K)1.3M430.9K(787.5K)(215.5K)(204.7K)
Net Working Capital(228.0K)1.3M383.8K(972.7K)(581.8K)(552.7K)
Capital Stock13.2M16.2M18.2M19.0M19.5M17.9M

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