| VERTOZ Stock | | | 16.43 0.51 3.01% |
Vertoz Advertising financial indicator trend analysis is much more than just breaking down Vertoz Advertising prevalent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Vertoz Advertising is a good investment. Please check the relationship between Vertoz Advertising Depreciation And Amortization and its Total Current Liabilities accounts. Check out
World Market Map to better understand how to build diversified portfolios, which includes a position in Vertoz Advertising Limited. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as
signals in persons.
Depreciation And Amortization vs Total Current Liabilities
Depreciation And Amortization vs Total Current Liabilities Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of
Vertoz Advertising Depreciation And Amortization account and
Total Current Liabilities. At this time, the significance of the direction appears to have very strong relationship.
The correlation between Vertoz Advertising's Depreciation And Amortization and Total Current Liabilities is 0.88. Overlapping area represents the amount of variation of Depreciation And Amortization that can explain the historical movement of Total Current Liabilities in the same time period over historical financial statements of Vertoz Advertising Limited, assuming nothing else is changed. The correlation between historical values of Vertoz Advertising's Depreciation And Amortization and Total Current Liabilities is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Depreciation And Amortization of Vertoz Advertising Limited are associated (or correlated) with its Total Current Liabilities. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Total Current Liabilities has no effect on the direction of Depreciation And Amortization i.e., Vertoz Advertising's Depreciation And Amortization and Total Current Liabilities go up and down completely randomly.
Correlation Coefficient | 0.88 |
| Relationship Direction | Positive |
| Relationship Strength | Strong |
Depreciation And Amortization
The systematic reduction in the recorded value of an intangible asset. This includes the allocation of the cost of tangible assets to periods in which the assets are used, representing the expense related to the wear and tear, deterioration, or obsolescence of physical assets and intangible assets over their useful lives.
Total Current Liabilities
Total Current Liabilities is an item on Vertoz Advertising balance sheet that include short term debt, accounts payable, accrued salaries payable, payroll taxes payable, accrued liabilities and other debts. Total Current Liabilities of Vertoz Advertising Limited are important to investors because some useful performance ratios such as Current Ratio and Quick Ratio require Total Current Liabilities to be accurate. The total amount of liabilities that a company is expected to pay within one year, including debts, accounts payable, and other short-term financial obligations.
Most indicators from Vertoz Advertising's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Vertoz Advertising 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 Vertoz Advertising Limited. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as
signals in persons.
At present, Vertoz Advertising's
Selling General Administrative is projected to decrease significantly based on the last few years of reporting. The current year's
Issuance Of Capital Stock is expected to grow to about 608.4
M, whereas
Tax Provision is projected to grow to (2.6
M).
| 2021 | 2022 | 2023 | 2024 (projected) |
Depreciation And Amortization | 30.2M | 26.2M | 56.9M | 59.7M | Interest Income | 1.3M | 14.6M | 2.9M | 2.8M |
Vertoz Advertising fundamental ratios Correlations
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Vertoz Advertising Account Relationship Matchups
High Positive Relationship
High Negative Relationship
Vertoz Advertising fundamental ratios Accounts
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Other Information on Investing in Vertoz Stock
Balance Sheet is a snapshot of the
financial position of Vertoz Advertising at a specified time, usually calculated after every quarter, six months, or one year. Vertoz Advertising Balance Sheet has two main parts: assets and liabilities. Liabilities are the debts or obligations of Vertoz Advertising and are divided into current liabilities and long term liabilities. An asset, on the other hand, is anything of value that can be converted into cash and which Vertoz currently owns. An asset can also be divided into two categories, current and non-current.