Volitionrx Property Plant And Equipment Gross vs Common Stock Total Equity Analysis

VNRX Stock  USD 0.79  0.02  2.47%   
Volitionrx financial indicator trend analysis is much more than just breaking down Volitionrx prevalent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Volitionrx is a good investment. Please check the relationship between Volitionrx Property Plant And Equipment Gross and its Common Stock Total Equity accounts. Check out World Market Map to better understand how to build diversified portfolios, which includes a position in Volitionrx. 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.
For more information on how to buy Volitionrx Stock please use our How to Invest in Volitionrx guide.

Property Plant And Equipment Gross vs Common Stock Total Equity

Property Plant And Equipment Gross vs Common Stock Total Equity Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Volitionrx Property Plant And Equipment Gross account and Common Stock Total Equity. At this time, the significance of the direction appears to have almost identical trend.
The correlation between Volitionrx's Property Plant And Equipment Gross and Common Stock Total Equity is 0.97. Overlapping area represents the amount of variation of Property Plant And Equipment Gross that can explain the historical movement of Common Stock Total Equity in the same time period over historical financial statements of Volitionrx, assuming nothing else is changed. The correlation between historical values of Volitionrx's Property Plant And Equipment Gross and Common Stock Total Equity is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Property Plant And Equipment Gross of Volitionrx are associated (or correlated) with its Common Stock Total Equity. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Common Stock Total Equity has no effect on the direction of Property Plant And Equipment Gross i.e., Volitionrx's Property Plant And Equipment Gross and Common Stock Total Equity go up and down completely randomly.

Correlation Coefficient

0.97
Relationship DirectionPositive 
Relationship StrengthVery Strong

Property Plant And Equipment Gross

Common Stock Total Equity

The total value of common stock equity held by shareholders, representing their ownership interest in the company.
Most indicators from Volitionrx's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Volitionrx 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 Volitionrx. 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.
For more information on how to buy Volitionrx Stock please use our How to Invest in Volitionrx guide.At this time, Volitionrx's Selling General Administrative is fairly stable compared to the past year. Enterprise Value is likely to rise to about 68.4 M in 2024, whereas Issuance Of Capital Stock is likely to drop slightly above 20.5 M in 2024.
 2021 2022 2023 2024 (projected)
Research Development15.5M14.6M19.6M10.0M
Depreciation And Amortization1.1M1.2M1.4M1.5M

Volitionrx fundamental ratios Correlations

0.630.3-0.94-0.850.640.990.990.910.890.90.680.990.880.890.920.88-0.680.850.83-0.460.70.83-0.890.920.81
0.63-0.55-0.42-0.880.940.570.570.820.870.841.00.580.90.80.710.79-0.160.580.58-0.090.520.88-0.680.760.85
0.3-0.55-0.510.19-0.480.370.37-0.04-0.13-0.08-0.490.36-0.17-0.050.12-0.04-0.540.170.15-0.360.1-0.2-0.110.03-0.2
-0.94-0.42-0.510.65-0.4-0.98-0.98-0.73-0.7-0.72-0.47-0.97-0.69-0.7-0.84-0.70.74-0.7-0.670.36-0.54-0.620.77-0.74-0.58
-0.85-0.880.190.65-0.92-0.78-0.78-0.98-0.99-0.99-0.92-0.8-0.99-0.96-0.85-0.960.4-0.87-0.870.47-0.81-0.990.89-0.96-0.99
0.640.94-0.48-0.4-0.920.550.550.870.90.890.950.570.910.830.730.81-0.180.690.69-0.340.70.92-0.740.810.91
0.990.570.37-0.98-0.780.551.00.850.830.840.621.00.820.830.890.83-0.710.790.76-0.40.630.76-0.850.860.73
0.990.570.37-0.98-0.780.551.00.850.830.840.621.00.820.830.890.83-0.710.790.76-0.40.630.76-0.850.860.73
0.910.82-0.04-0.73-0.980.870.850.850.991.00.860.870.980.970.890.96-0.50.890.88-0.520.820.97-0.920.970.97
0.890.87-0.13-0.7-0.990.90.830.830.991.00.910.841.00.970.880.96-0.470.860.84-0.450.770.98-0.910.970.97
0.90.84-0.08-0.72-0.990.890.840.841.01.00.880.860.990.970.880.97-0.470.880.88-0.50.810.98-0.910.980.98
0.681.0-0.49-0.47-0.920.950.620.620.860.910.880.630.930.850.740.84-0.210.640.64-0.150.560.91-0.720.810.89
0.990.580.36-0.97-0.80.571.01.00.870.840.860.630.830.840.90.84-0.70.80.78-0.420.650.78-0.860.870.75
0.880.9-0.17-0.69-0.990.910.820.820.981.00.990.930.830.960.870.95-0.450.820.81-0.380.730.97-0.890.950.96
0.890.8-0.05-0.7-0.960.830.830.830.970.970.970.850.840.960.830.99-0.450.890.89-0.470.730.94-0.890.980.96
0.920.710.12-0.84-0.850.730.890.890.890.880.880.740.90.870.830.82-0.530.790.78-0.490.740.85-0.820.880.82
0.880.79-0.04-0.7-0.960.810.830.830.960.960.970.840.840.950.990.82-0.460.890.89-0.490.740.94-0.890.980.96
-0.68-0.16-0.540.740.4-0.18-0.71-0.71-0.5-0.47-0.47-0.21-0.7-0.45-0.45-0.53-0.46-0.5-0.430.23-0.31-0.380.74-0.53-0.35
0.850.580.17-0.7-0.870.690.790.790.890.860.880.640.80.820.890.790.89-0.50.99-0.680.890.86-0.860.930.87
0.830.580.15-0.67-0.870.690.760.760.880.840.880.640.780.810.890.780.89-0.430.99-0.690.890.86-0.810.930.87
-0.46-0.09-0.360.360.47-0.34-0.4-0.4-0.52-0.45-0.5-0.15-0.42-0.38-0.47-0.49-0.490.23-0.68-0.69-0.81-0.460.48-0.54-0.54
0.70.520.1-0.54-0.810.70.630.630.820.770.810.560.650.730.730.740.74-0.310.890.89-0.810.82-0.720.810.81
0.830.88-0.2-0.62-0.990.920.760.760.970.980.980.910.780.970.940.850.94-0.380.860.86-0.460.82-0.860.950.98
-0.89-0.68-0.110.770.89-0.74-0.85-0.85-0.92-0.91-0.91-0.72-0.86-0.89-0.89-0.82-0.890.74-0.86-0.810.48-0.72-0.86-0.91-0.86
0.920.760.03-0.74-0.960.810.860.860.970.970.980.810.870.950.980.880.98-0.530.930.93-0.540.810.95-0.910.95
0.810.85-0.2-0.58-0.990.910.730.730.970.970.980.890.750.960.960.820.96-0.350.870.87-0.540.810.98-0.860.95
Click cells to compare fundamentals

Volitionrx Account Relationship Matchups

Volitionrx fundamental ratios Accounts

201920202021202220232024 (projected)
Total Assets21.3M26.2M27.5M18.3M28.0M29.3M
Total Current Liabilities3.9M6.2M6.5M17.4M31.8M33.4M
Total Stockholder Equity14.2M16.3M17.9M(2.6M)(7.8M)(7.4M)
Net Debt(13.0M)(15.0M)(16.6M)(5.9M)(14.9M)(14.1M)
Retained Earnings(89.8M)(110.2M)(137.0M)(167.3M)(202.6M)(192.4M)
Accounts Payable627.3K1.5M1.5M3.0M3.2M3.4M
Cash17.0M19.4M20.6M10.9M20.7M21.8M
Cash And Short Term Investments17.0M19.4M20.6M10.9M20.7M21.8M
Common Stock Total Equity35.3K41.1K48.6K57.9K66.6K69.9K
Common Stock Shares Outstanding39.2M45.3M52.7M55.4M71.2M74.8M
Liabilities And Stockholders Equity21.3M26.2M27.5M18.3M28.0M29.3M
Other Stockholder Equity103.9M126.5M154.7M164.4M194.4M204.2M
Total Liab7.1M9.9M9.8M21.4M36.7M38.5M
Total Current Assets17.6M20.3M22.0M12.2M21.9M22.9M
Common Stock41.1K48.6K53.8K57.9K81.9K86.0K
Non Current Liabilities Total3.2M3.6M3.3M4.0M4.8M5.1M
Other Current Liab2.2M3.6M3.7M2.7M3.9M4.1M
Short Long Term Debt Total4.1M4.4M4.0M5.0M5.9M6.2M
Other Liab298.0K259.6K253.2K420.5K378.4K281.5K
Property Plant And Equipment Net3.4M5.5M5.3M6.0M6.1M3.1M
Non Current Assets Total3.7M5.8M5.5M6.1M6.1M3.8M
Non Currrent Assets Other(3.7M)(5.8M)(5.5M)(6.1M)(1.0)(1.05)
Other Current Assets322.6K879.8K1.4M1.2M881.5K474.8K
Property Plant And Equipment Gross3.4M5.2M7.9M9.3M10.3M10.8M
Accumulated Other Comprehensive Income125.7K(60.0K)148.3K227.1K243.9K256.1K
Intangible Assets372.3K321.6K216.9K110.5K23.9K22.7K
Property Plant Equipment3.4M5.5M5.3M5.4M6.2M6.5M
Short Term Debt1.0M1.1M1.2M1.6M1.7M1.8M
Net Tangible Assets13.8M16.0M17.7M(3.2M)(3.7M)(3.5M)
Current Deferred Revenue39.3K69.2K12.5K10M23M24.2M
Retained Earnings Total Equity(73.7M)(89.8M)(110.2M)(167.3M)(150.5M)(143.0M)
Capital Surpluse85.6M103.9M126.5M164.4M189.1M198.5M
Short Long Term Debt647.6K841.3K797.9K1.1M1.2M815.1K
Long Term Debt2.2M2.6M2.3M2.8M3.6M2.1M
Long Term Debt Total2.4M3.0M3.1M2.8M3.2M2.4M
Capital Lease Obligations1.1M993.3K948.5K1.1M1.0M1.1M
Net Invested Capital17.0M19.8M21.0M1.3M(3.0M)(2.8M)
Net Working Capital13.7M14.1M15.5M(5.2M)(10.0M)(9.5M)
Capital Stock41.1K48.6K53.8K57.9K81.9K58.4K

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