Valuence Cash And Short Term Investments vs Other Current Assets Analysis

VMCAU Stock  USD 11.50  0.30  2.54%   
Valuence Merger financial indicator trend analysis is much more than just breaking down Valuence Merger Corp prevalent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Valuence Merger Corp is a good investment. Please check the relationship between Valuence Merger Cash And Short Term Investments and its Other Current Assets accounts. Check out World Market Map to better understand how to build diversified portfolios, which includes a position in Valuence Merger 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 nation.

Cash And Short Term Investments vs Other Current Assets

Cash And Short Term Investments vs Other Current Assets Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Valuence Merger Corp Cash And Short Term Investments account and Other Current Assets. At this time, the significance of the direction appears to have pay attention.
The correlation between Valuence Merger's Cash And Short Term Investments and Other Current Assets is -0.91. Overlapping area represents the amount of variation of Cash And Short Term Investments that can explain the historical movement of Other Current Assets in the same time period over historical financial statements of Valuence Merger Corp, assuming nothing else is changed. The correlation between historical values of Valuence Merger's Cash And Short Term Investments and Other Current 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 Cash And Short Term Investments of Valuence Merger Corp are associated (or correlated) with its Other Current Assets. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Other Current Assets has no effect on the direction of Cash And Short Term Investments i.e., Valuence Merger's Cash And Short Term Investments and Other Current Assets go up and down completely randomly.

Correlation Coefficient

-0.91
Relationship DirectionNegative 
Relationship StrengthSignificant

Cash And Short Term Investments

Short Term Investments is an account in the current assets section of Valuence Merger Corp balance sheet. This account contains Valuence Merger investments that will expire within one year. These investments include stocks and bonds that can be liquidated by Valuence Merger Corp fairly quickly. The sum of a company's cash on hand, including bank deposits and short-term, highly liquid investments that are easily convertible to known amounts of cash.

Other Current Assets

Assets expected to be converted into cash, sold, or consumed either in one year or in the operating cycle, which are not included under standard current asset categories.
Most indicators from Valuence Merger's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Valuence Merger 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 Valuence Merger 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 nation.
At this time, Valuence Merger's Selling General Administrative is comparatively stable compared to the past year. Enterprise Value Over EBITDA is likely to gain to 45.50 in 2024, whereas Issuance Of Capital Stock is likely to drop 0.00 in 2024.
 2010 2022 2023 2024 (projected)
Other Operating Expenses9.9K2.6M1.4M1.5M
Depreciation And Amortization29.8K2.6K1.4M1.5M

Valuence Merger fundamental ratios Correlations

0.30.380.631.00.2-0.820.551.01.00.55-0.130.88-0.90.831.00.830.911.0-0.570.31.00.34-0.39-0.41-0.41
0.31.00.830.260.99-0.780.870.290.290.87-0.980.65-0.660.710.270.620.620.29-0.951.00.290.94-0.99-0.95-0.95
0.381.00.870.350.98-0.830.890.380.380.89-0.970.71-0.730.770.350.680.690.38-0.971.00.380.95-1.0-0.95-0.95
0.630.830.870.60.78-0.940.990.630.630.99-0.770.92-0.90.960.610.940.90.63-0.950.830.630.93-0.88-0.73-0.73
1.00.260.350.60.17-0.80.511.01.00.51-0.090.86-0.880.81.00.810.891.0-0.540.261.00.3-0.36-0.38-0.38
0.20.990.980.780.17-0.710.830.20.20.83-1.00.57-0.580.640.170.550.540.2-0.910.990.20.93-0.98-0.93-0.93
-0.82-0.78-0.83-0.94-0.8-0.71-0.91-0.82-0.82-0.910.67-0.980.99-0.98-0.8-0.95-0.97-0.820.94-0.78-0.82-0.810.840.780.78
0.550.870.890.990.510.83-0.910.550.551.0-0.820.88-0.850.920.520.90.840.55-0.950.870.550.97-0.91-0.74-0.74
1.00.290.380.631.00.2-0.820.551.00.55-0.130.88-0.90.831.00.830.911.0-0.570.291.00.34-0.39-0.41-0.41
1.00.290.380.631.00.2-0.820.551.00.55-0.130.88-0.90.831.00.830.911.0-0.570.291.00.34-0.39-0.41-0.41
0.550.870.890.990.510.83-0.911.00.550.55-0.820.88-0.850.920.520.90.840.55-0.950.870.550.97-0.91-0.74-0.74
-0.13-0.98-0.97-0.77-0.09-1.00.67-0.82-0.13-0.13-0.82-0.530.53-0.6-0.1-0.52-0.49-0.130.89-0.98-0.13-0.930.960.890.89
0.880.650.710.920.860.57-0.980.880.880.880.88-0.53-0.990.990.870.991.00.88-0.860.650.880.73-0.73-0.64-0.64
-0.9-0.66-0.73-0.9-0.88-0.580.99-0.85-0.9-0.9-0.850.53-0.99-0.98-0.89-0.96-1.0-0.90.86-0.66-0.9-0.710.740.690.69
0.830.710.770.960.80.64-0.980.920.830.830.92-0.60.99-0.980.810.990.990.83-0.90.710.830.8-0.78-0.68-0.68
1.00.270.350.611.00.17-0.80.521.01.00.52-0.10.87-0.890.810.820.91.0-0.550.271.00.31-0.37-0.39-0.39
0.830.620.680.940.810.55-0.950.90.830.830.9-0.520.99-0.960.990.820.980.83-0.830.620.830.76-0.7-0.56-0.56
0.910.620.690.90.890.54-0.970.840.910.910.84-0.491.0-1.00.990.90.980.91-0.840.620.910.69-0.7-0.63-0.63
1.00.290.380.631.00.2-0.820.551.01.00.55-0.130.88-0.90.831.00.830.91-0.570.291.00.34-0.39-0.41-0.41
-0.57-0.95-0.97-0.95-0.54-0.910.94-0.95-0.57-0.57-0.950.89-0.860.86-0.9-0.55-0.83-0.84-0.57-0.95-0.57-0.940.980.910.91
0.31.01.00.830.260.99-0.780.870.290.290.87-0.980.65-0.660.710.270.620.620.29-0.950.290.94-0.99-0.95-0.95
1.00.290.380.631.00.2-0.820.551.01.00.55-0.130.88-0.90.831.00.830.911.0-0.570.290.34-0.39-0.41-0.41
0.340.940.950.930.30.93-0.810.970.340.340.97-0.930.73-0.710.80.310.760.690.34-0.940.940.34-0.95-0.8-0.8
-0.39-0.99-1.0-0.88-0.36-0.980.84-0.91-0.39-0.39-0.910.96-0.730.74-0.78-0.37-0.7-0.7-0.390.98-0.99-0.39-0.950.940.94
-0.41-0.95-0.95-0.73-0.38-0.930.78-0.74-0.41-0.41-0.740.89-0.640.69-0.68-0.39-0.56-0.63-0.410.91-0.95-0.41-0.80.941.0
-0.41-0.95-0.95-0.73-0.38-0.930.78-0.74-0.41-0.41-0.740.89-0.640.69-0.68-0.39-0.56-0.63-0.410.91-0.95-0.41-0.80.941.0
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Valuence Merger Account Relationship Matchups

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Additional Tools for Valuence Stock Analysis

When running Valuence Merger's price analysis, check to measure Valuence Merger's market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy Valuence Merger is operating at the current time. Most of Valuence Merger's value examination focuses on studying past and present price action to predict the probability of Valuence Merger's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Valuence Merger's price. Additionally, you may evaluate how the addition of Valuence Merger to your portfolios can decrease your overall portfolio volatility.