VERU Stock | | | USD 0.63 0.04 6.78% |
Veru financial indicator trend analysis is much more than just breaking down Veru Inc prevalent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Veru Inc is a good investment. Please check the relationship between Veru Depreciation And Amortization and its Total Revenue accounts. Check out
World Market Map to better understand how to build diversified portfolios, which includes a position in Veru Inc. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as
signals in metropolitan statistical area.
Depreciation And Amortization vs Total Revenue
Depreciation And Amortization vs Total Revenue Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of
Veru Inc Depreciation And Amortization account and
Total Revenue. At this time, the significance of the direction appears to have fragmental relationship.
The correlation between Veru's Depreciation And Amortization and Total Revenue is 0.43. Overlapping area represents the amount of variation of Depreciation And Amortization that can explain the historical movement of Total Revenue in the same time period over historical financial statements of Veru Inc, assuming nothing else is changed. The correlation between historical values of Veru's Depreciation And Amortization and Total Revenue 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 Veru Inc are associated (or correlated) with its Total Revenue. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Total Revenue has no effect on the direction of Depreciation And Amortization i.e., Veru's Depreciation And Amortization and Total Revenue go up and down completely randomly.
Correlation Coefficient | 0.43 |
Relationship Direction | Positive |
Relationship Strength | Weak |
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 Revenue
Total revenue comprises all receipts Veru Inc generated from the sale of its products or services. The total amount of income generated by the sale of goods or services related to the company's primary operations.
Most indicators from Veru's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Veru Inc 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 Veru Inc. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as
signals in metropolitan statistical area.
At this time, Veru's
Selling General Administrative is comparatively stable compared to the past year.
Tax Provision is likely to gain to about 453.8
K in 2024, despite the fact that
Enterprise Value Multiple is likely to grow to
(0.80).
| 2021 | 2022 | 2023 | 2024 (projected) |
Gross Profit | 30.6M | 7.6M | 8.7M | 11.1M | Total Revenue | 39.4M | 16.3M | 18.7M | 20.2M |
Veru fundamental ratios Correlations
Click cells to compare fundamentals
Veru Account Relationship Matchups
High Positive Relationship
High Negative Relationship
Veru fundamental ratios Accounts
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Additional Tools for Veru Stock Analysis
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