VERTOZ Stock | | | 16.03 0.40 2.43% |
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 Intangible Assets and its Short Term Debt 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.
Intangible Assets vs Short Term Debt
Intangible Assets vs Short Term Debt Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of
Vertoz Advertising Intangible Assets account and
Short Term Debt. At this time, the significance of the direction appears to have almost identical trend.
The correlation between Vertoz Advertising's Intangible Assets and Short Term Debt is 0.98. Overlapping area represents the amount of variation of Intangible Assets that can explain the historical movement of Short Term Debt 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 Intangible Assets and Short Term Debt is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Intangible Assets of Vertoz Advertising Limited are associated (or correlated) with its Short Term Debt. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Short Term Debt has no effect on the direction of Intangible Assets i.e., Vertoz Advertising's Intangible Assets and Short Term Debt go up and down completely randomly.
Correlation Coefficient | 0.98 |
Relationship Direction | Positive |
Relationship Strength | Very Strong |
Intangible Assets
Non-physical assets possessed by a company, such as patents, trademarks, and copyrights, which provide long-term value.
Short Term Debt
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).
Vertoz Advertising fundamental ratios Correlations
Click cells to compare fundamentals
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.