VirnetX Ebit vs Net Income From Continuing Ops Analysis

VHC Stock  USD 5.15  0.14  2.79%   
VirnetX Holding financial indicator trend analysis is much more than just breaking down VirnetX Holding Corp prevalent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether VirnetX Holding Corp is a good investment. Please check the relationship between VirnetX Holding Ebit and its Net Income From Continuing Ops accounts. Check out World Market Map to better understand how to build diversified portfolios, which includes a position in VirnetX Holding Corp. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in rate.

Ebit vs Net Income From Continuing Ops

Ebit vs Net Income From Continuing Ops Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of VirnetX Holding Corp Ebit account and Net Income From Continuing Ops. At this time, the significance of the direction appears to have almost identical trend.
The correlation between VirnetX Holding's Ebit and Net Income From Continuing Ops is 0.93. Overlapping area represents the amount of variation of Ebit that can explain the historical movement of Net Income From Continuing Ops in the same time period over historical financial statements of VirnetX Holding Corp, assuming nothing else is changed. The correlation between historical values of VirnetX Holding's Ebit and Net Income From Continuing Ops is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Ebit of VirnetX Holding Corp are associated (or correlated) with its Net Income From Continuing Ops. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Net Income From Continuing Ops has no effect on the direction of Ebit i.e., VirnetX Holding's Ebit and Net Income From Continuing Ops go up and down completely randomly.

Correlation Coefficient

0.93
Relationship DirectionPositive 
Relationship StrengthVery Strong

Ebit

Net Income From Continuing Ops

Most indicators from VirnetX Holding's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into VirnetX Holding Corp 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 VirnetX Holding Corp. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in rate.
At present, VirnetX Holding's Enterprise Value Over EBITDA is projected to increase significantly based on the last few years of reporting. The current year's Enterprise Value Multiple is expected to grow to 0.04, whereas Selling General Administrative is forecasted to decline to about 16.5 M.
 2021 2022 2023 2024 (projected)
Net Interest Income48K1.8M3.9M3.7M
Interest Income48K1.8M3.9M3.7M

VirnetX Holding fundamental ratios Correlations

0.570.181.0-0.14-0.98-0.270.980.660.330.391.0-0.210.07-0.260.190.440.080.221.00.550.410.410.680.660.31
0.570.60.54-0.22-0.630.00.630.15-0.19-0.210.56-0.190.250.020.480.050.52-0.380.580.470.040.030.10.90.08
0.180.60.13-0.31-0.180.70.18-0.1-0.27-0.180.17-0.310.150.040.31-0.220.94-0.510.190.31-0.36-0.360.010.510.0
1.00.540.13-0.14-0.98-0.30.980.670.340.411.0-0.20.06-0.270.180.440.030.241.00.550.430.430.690.640.3
-0.14-0.22-0.31-0.140.17-0.24-0.180.14-0.11-0.23-0.15-0.01-0.060.64-0.130.26-0.050.78-0.15-0.30.160.170.11-0.170.53
-0.98-0.63-0.18-0.980.170.33-1.0-0.7-0.2-0.41-0.980.17-0.070.32-0.22-0.42-0.09-0.13-0.98-0.55-0.41-0.41-0.54-0.73-0.25
-0.270.00.7-0.3-0.240.33-0.33-0.34-0.21-0.13-0.28-0.29-0.030.21-0.03-0.340.66-0.39-0.260.0-0.49-0.49-0.07-0.1-0.07
0.980.630.180.98-0.18-1.0-0.330.70.20.410.98-0.170.07-0.320.220.420.090.130.980.550.410.410.540.730.25
0.660.15-0.10.670.14-0.7-0.340.7-0.170.80.64-0.17-0.17-0.17-0.110.53-0.060.390.620.170.470.470.210.310.38
0.33-0.19-0.270.34-0.11-0.2-0.210.2-0.17-0.10.37-0.09-0.09-0.18-0.140.29-0.320.320.360.050.250.250.8-0.10.14
0.39-0.21-0.180.41-0.23-0.41-0.130.410.8-0.10.36-0.1-0.11-0.37-0.160.25-0.230.180.350.140.230.230.07-0.130.07
1.00.560.171.0-0.15-0.98-0.280.980.640.370.36-0.210.05-0.280.180.440.070.221.00.550.420.420.70.660.3
-0.21-0.19-0.31-0.2-0.010.17-0.29-0.17-0.17-0.09-0.1-0.21-0.11-0.33-0.12-0.67-0.380.05-0.210.45-0.4-0.4-0.28-0.08-0.8
0.070.250.150.06-0.06-0.07-0.030.07-0.17-0.09-0.110.05-0.11-0.040.96-0.220.09-0.090.080.27-0.21-0.21-0.04-0.040.01
-0.260.020.04-0.270.640.320.21-0.32-0.17-0.18-0.37-0.28-0.33-0.04-0.090.090.260.33-0.25-0.3-0.08-0.080.04-0.160.5
0.190.480.310.18-0.13-0.22-0.030.22-0.11-0.14-0.160.18-0.120.96-0.09-0.20.24-0.210.210.37-0.19-0.19-0.050.22-0.01
0.440.05-0.220.440.26-0.42-0.340.420.530.290.250.44-0.67-0.220.09-0.2-0.110.350.42-0.50.840.850.410.20.83
0.080.520.940.03-0.05-0.090.660.09-0.06-0.32-0.230.07-0.380.090.260.24-0.11-0.350.090.14-0.3-0.3-0.010.450.18
0.22-0.38-0.510.240.78-0.13-0.390.130.390.320.180.220.05-0.090.33-0.210.35-0.350.21-0.030.260.270.53-0.280.47
1.00.580.191.0-0.15-0.98-0.260.980.620.360.351.0-0.210.08-0.250.210.420.090.210.570.40.40.70.660.3
0.550.470.310.55-0.3-0.550.00.550.170.050.140.550.450.27-0.30.37-0.50.14-0.030.57-0.41-0.420.290.43-0.46
0.410.04-0.360.430.16-0.41-0.490.410.470.250.230.42-0.4-0.21-0.08-0.190.84-0.30.260.4-0.411.00.310.210.62
0.410.03-0.360.430.17-0.41-0.490.410.470.250.230.42-0.4-0.21-0.08-0.190.85-0.30.270.4-0.421.00.310.20.63
0.680.10.010.690.11-0.54-0.070.540.210.80.070.7-0.28-0.040.04-0.050.41-0.010.530.70.290.310.310.170.44
0.660.90.510.64-0.17-0.73-0.10.730.31-0.1-0.130.66-0.08-0.04-0.160.220.20.45-0.280.660.430.210.20.170.08
0.310.080.00.30.53-0.25-0.070.250.380.140.070.3-0.80.010.5-0.010.830.180.470.3-0.460.620.630.440.08
Click cells to compare fundamentals

VirnetX Holding Account Relationship Matchups

VirnetX Holding fundamental ratios Accounts

201920202021202220232024 (projected)
Total Assets7.5M234.8M189.8M153.0M60.4M43.4M
Other Current Liab480K12.6M683K358K814K773.3K
Total Current Liabilities1.8M10.4M1.0M731K1.3M1.2M
Total Stockholder Equity5.6M224.4M188.8M152.2M56.0M39.0M
Property Plant And Equipment Net9K16K11K18K416K436.8K
Net Debt(3.1M)(192.9M)(142.0M)(86.6M)(26.3M)(27.6M)
Accounts Payable1.3M654K338K373K440K418K
Non Current Assets Total1.7M10.4M20.4M714K6.6M6.9M
Non Currrent Assets Other1.7M1.3M1.1M66.1M3.7M4.8M
Other Assets1.6M10.4K19.4M703K1.00.95
Cash And Short Term Investments5.5M221.3M169.3M152.0M53.5M37.6M
Net Receivables5K8K17K14K2K1.9K
Common Stock Shares Outstanding3.4M3.6M3.6M3.6M3.6M3.4M
Liabilities And Stockholders Equity7.5M234.8M189.8M153.0M60.4M43.4M
Non Current Liabilities Total44K654K46K373K3.1M3.3M
Other Current Assets237K3.2M203K224K282K267.9K
Other Stockholder Equity223.2M232.5M236.4M239.8M242.5M254.6M
Total Liab1.9M10.4M1.1M731K4.4M4.4M
Property Plant And Equipment Gross9K16K11K171K235K246.8K
Total Current Assets5.8M224.4M169.5M152.3M53.8M41.1M
Retained Earnings(217.6M)(8.0M)(47.6M)(87.2M)(186.5M)(177.2M)
Short Term Investments2.4M28.3M27.3M65.5M27.3M22.0M
Property Plant Equipment16K1.3M18K11K12.7K12.0K
Retained Earnings Total Equity(198.4M)(217.6M)(8.0M)(47.6M)(42.8M)(45.0M)
Net Tangible Assets9.9M5.6M224.4M188.8M217.1M227.9M
Capital Surpluse223.2M232.5M236.4M239.7M275.7M206.0M

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Analyzing currently trending equities could be an opportunity to develop a better portfolio based on different market momentums that they can trigger. Utilizing the top trending stocks is also useful when creating a market-neutral strategy or pair trading technique involving a short or a long position in a currently trending equity.
When determining whether VirnetX Holding Corp offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of VirnetX Holding's financial statements, including income statements, balance sheets, and cash flow statements, to assess its financial health. Key financial ratios are used to gauge profitability, efficiency, and growth potential of Virnetx Holding Corp Stock. Outlined below are crucial reports that will aid in making a well-informed decision on Virnetx Holding Corp Stock:
Check out World Market Map to better understand how to build diversified portfolios, which includes a position in VirnetX Holding Corp. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in rate.
You can also try the Price Transformation module to use Price Transformation models to analyze the depth of different equity instruments across global markets.
Is Application Software space expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of VirnetX Holding. If investors know VirnetX will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about VirnetX Holding listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Earnings Share
(5.32)
Revenue Per Share
0.002
Quarterly Revenue Growth
(0.50)
Return On Assets
(0.23)
Return On Equity
(0.35)
The market value of VirnetX Holding Corp is measured differently than its book value, which is the value of VirnetX that is recorded on the company's balance sheet. Investors also form their own opinion of VirnetX Holding's value that differs from its market value or its book value, called intrinsic value, which is VirnetX Holding's true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because VirnetX Holding's market value can be influenced by many factors that don't directly affect VirnetX Holding's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between VirnetX Holding's value and its price as these two are different measures arrived at by different means. Investors typically determine if VirnetX Holding is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, VirnetX Holding's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.