Volitionrx Total Revenue vs Ebit 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 Total Revenue and its Ebit 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.

Total Revenue vs Ebit

Total Revenue vs Ebit Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Volitionrx Total Revenue account and Ebit. At this time, the significance of the direction appears to have pay attention.

The correlation between Volitionrx's Total Revenue and Ebit is -0.74. Overlapping area represents the amount of variation of Total Revenue that can explain the historical movement of Ebit in the same time period over historical financial statements of Volitionrx, assuming nothing else is changed. The correlation between historical values of Volitionrx's Total Revenue and Ebit is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Total Revenue of Volitionrx are associated (or correlated) with its Ebit. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Ebit has no effect on the direction of Total Revenue i.e., Volitionrx's Total Revenue and Ebit go up and down completely randomly.

Correlation Coefficient

-0.74

Relationship Direction	Negative
Relationship Strength	Weak

View All Relationships

Total Revenue

Total revenue comprises all receipts Volitionrx 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.

Ebit

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 Development	15.5M	14.6M	19.6M	10.0M
Depreciation And Amortization	1.1M	1.2M	1.4M	1.5M

Research Development Depreciation And Amortization

Volitionrx fundamental ratios Correlations

	Total Assets	Total Current Liabilities	Total Stockholder Equity	Net Debt	Retained Earnings	Accounts Payable	Cash	Cash And Short Term Investments	Common Stock Total Equity	Common Stock Shares Outstanding	Other Stockholder Equity	Total Liab	Total Current Assets	Common Stock	Non Current Liabilities Total	Other Current Liab	Short Long Term Debt Total	Other Liab	Property Plant And Equipment Net	Non Current Assets Total	Non Currrent Assets Other	Other Current Assets	Property Plant And Equipment Gross	Intangible Assets	Property Plant Equipment	Short Term Debt
Total Assets		0.63	0.3	-0.94	-0.85	0.64	0.99	0.99	0.91	0.89	0.9	0.68	0.99	0.88	0.89	0.92	0.88	-0.68	0.85	0.83	-0.46	0.7	0.83	-0.89	0.92	0.81
Total Current Liabilities	0.63		-0.55	-0.42	-0.88	0.94	0.57	0.57	0.82	0.87	0.84	1.0	0.58	0.9	0.8	0.71	0.79	-0.16	0.58	0.58	-0.09	0.52	0.88	-0.68	0.76	0.85
Total Stockholder Equity	0.3	-0.55		-0.51	0.19	-0.48	0.37	0.37	-0.04	-0.13	-0.08	-0.49	0.36	-0.17	-0.05	0.12	-0.04	-0.54	0.17	0.15	-0.36	0.1	-0.2	-0.11	0.03	-0.2
Net Debt	-0.94	-0.42	-0.51		0.65	-0.4	-0.98	-0.98	-0.73	-0.7	-0.72	-0.47	-0.97	-0.69	-0.7	-0.84	-0.7	0.74	-0.7	-0.67	0.36	-0.54	-0.62	0.77	-0.74	-0.58
Retained Earnings	-0.85	-0.88	0.19	0.65		-0.92	-0.78	-0.78	-0.98	-0.99	-0.99	-0.92	-0.8	-0.99	-0.96	-0.85	-0.96	0.4	-0.87	-0.87	0.47	-0.81	-0.99	0.89	-0.96	-0.99
Accounts Payable	0.64	0.94	-0.48	-0.4	-0.92		0.55	0.55	0.87	0.9	0.89	0.95	0.57	0.91	0.83	0.73	0.81	-0.18	0.69	0.69	-0.34	0.7	0.92	-0.74	0.81	0.91
Cash	0.99	0.57	0.37	-0.98	-0.78	0.55		1.0	0.85	0.83	0.84	0.62	1.0	0.82	0.83	0.89	0.83	-0.71	0.79	0.76	-0.4	0.63	0.76	-0.85	0.86	0.73
Cash And Short Term Investments	0.99	0.57	0.37	-0.98	-0.78	0.55	1.0		0.85	0.83	0.84	0.62	1.0	0.82	0.83	0.89	0.83	-0.71	0.79	0.76	-0.4	0.63	0.76	-0.85	0.86	0.73
Common Stock Total Equity	0.91	0.82	-0.04	-0.73	-0.98	0.87	0.85	0.85		0.99	1.0	0.86	0.87	0.98	0.97	0.89	0.96	-0.5	0.89	0.88	-0.52	0.82	0.97	-0.92	0.97	0.97
Common Stock Shares Outstanding	0.89	0.87	-0.13	-0.7	-0.99	0.9	0.83	0.83	0.99		1.0	0.91	0.84	1.0	0.97	0.88	0.96	-0.47	0.86	0.84	-0.45	0.77	0.98	-0.91	0.97	0.97
Other Stockholder Equity	0.9	0.84	-0.08	-0.72	-0.99	0.89	0.84	0.84	1.0	1.0		0.88	0.86	0.99	0.97	0.88	0.97	-0.47	0.88	0.88	-0.5	0.81	0.98	-0.91	0.98	0.98
Total Liab	0.68	1.0	-0.49	-0.47	-0.92	0.95	0.62	0.62	0.86	0.91	0.88		0.63	0.93	0.85	0.74	0.84	-0.21	0.64	0.64	-0.15	0.56	0.91	-0.72	0.81	0.89
Total Current Assets	0.99	0.58	0.36	-0.97	-0.8	0.57	1.0	1.0	0.87	0.84	0.86	0.63		0.83	0.84	0.9	0.84	-0.7	0.8	0.78	-0.42	0.65	0.78	-0.86	0.87	0.75
Common Stock	0.88	0.9	-0.17	-0.69	-0.99	0.91	0.82	0.82	0.98	1.0	0.99	0.93	0.83		0.96	0.87	0.95	-0.45	0.82	0.81	-0.38	0.73	0.97	-0.89	0.95	0.96
Non Current Liabilities Total	0.89	0.8	-0.05	-0.7	-0.96	0.83	0.83	0.83	0.97	0.97	0.97	0.85	0.84	0.96		0.83	0.99	-0.45	0.89	0.89	-0.47	0.73	0.94	-0.89	0.98	0.96
Other Current Liab	0.92	0.71	0.12	-0.84	-0.85	0.73	0.89	0.89	0.89	0.88	0.88	0.74	0.9	0.87	0.83		0.82	-0.53	0.79	0.78	-0.49	0.74	0.85	-0.82	0.88	0.82
Short Long Term Debt Total	0.88	0.79	-0.04	-0.7	-0.96	0.81	0.83	0.83	0.96	0.96	0.97	0.84	0.84	0.95	0.99	0.82		-0.46	0.89	0.89	-0.49	0.74	0.94	-0.89	0.98	0.96
Other Liab	-0.68	-0.16	-0.54	0.74	0.4	-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	-0.43	0.23	-0.31	-0.38	0.74	-0.53	-0.35
Property Plant And Equipment Net	0.85	0.58	0.17	-0.7	-0.87	0.69	0.79	0.79	0.89	0.86	0.88	0.64	0.8	0.82	0.89	0.79	0.89	-0.5		0.99	-0.68	0.89	0.86	-0.86	0.93	0.87
Non Current Assets Total	0.83	0.58	0.15	-0.67	-0.87	0.69	0.76	0.76	0.88	0.84	0.88	0.64	0.78	0.81	0.89	0.78	0.89	-0.43	0.99		-0.69	0.89	0.86	-0.81	0.93	0.87
Non Currrent Assets Other	-0.46	-0.09	-0.36	0.36	0.47	-0.34	-0.4	-0.4	-0.52	-0.45	-0.5	-0.15	-0.42	-0.38	-0.47	-0.49	-0.49	0.23	-0.68	-0.69		-0.81	-0.46	0.48	-0.54	-0.54
Other Current Assets	0.7	0.52	0.1	-0.54	-0.81	0.7	0.63	0.63	0.82	0.77	0.81	0.56	0.65	0.73	0.73	0.74	0.74	-0.31	0.89	0.89	-0.81		0.82	-0.72	0.81	0.81
Property Plant And Equipment Gross	0.83	0.88	-0.2	-0.62	-0.99	0.92	0.76	0.76	0.97	0.98	0.98	0.91	0.78	0.97	0.94	0.85	0.94	-0.38	0.86	0.86	-0.46	0.82		-0.86	0.95	0.98
Intangible Assets	-0.89	-0.68	-0.11	0.77	0.89	-0.74	-0.85	-0.85	-0.92	-0.91	-0.91	-0.72	-0.86	-0.89	-0.89	-0.82	-0.89	0.74	-0.86	-0.81	0.48	-0.72	-0.86		-0.91	-0.86
Property Plant Equipment	0.92	0.76	0.03	-0.74	-0.96	0.81	0.86	0.86	0.97	0.97	0.98	0.81	0.87	0.95	0.98	0.88	0.98	-0.53	0.93	0.93	-0.54	0.81	0.95	-0.91		0.95
Short Term Debt	0.81	0.85	-0.2	-0.58	-0.99	0.91	0.73	0.73	0.97	0.97	0.98	0.89	0.75	0.96	0.96	0.82	0.96	-0.35	0.87	0.87	-0.54	0.81	0.98	-0.86	0.95

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Volitionrx Account Relationship Matchups

Volitionrx fundamental ratios Accounts

	2019	2020	2021	2022	2023	2024 (projected)
Total Assets	21.3M	26.2M	27.5M	18.3M	28.0M	29.3M
Total Current Liabilities	3.9M	6.2M	6.5M	17.4M	31.8M	33.4M
Total Stockholder Equity	14.2M	16.3M	17.9M	(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 Payable	627.3K	1.5M	1.5M	3.0M	3.2M	3.4M
Cash	17.0M	19.4M	20.6M	10.9M	20.7M	21.8M
Cash And Short Term Investments	17.0M	19.4M	20.6M	10.9M	20.7M	21.8M
Common Stock Total Equity	35.3K	41.1K	48.6K	57.9K	66.6K	69.9K
Common Stock Shares Outstanding	39.2M	45.3M	52.7M	55.4M	71.2M	74.8M
Liabilities And Stockholders Equity	21.3M	26.2M	27.5M	18.3M	28.0M	29.3M
Other Stockholder Equity	103.9M	126.5M	154.7M	164.4M	194.4M	204.2M
Total Liab	7.1M	9.9M	9.8M	21.4M	36.7M	38.5M
Total Current Assets	17.6M	20.3M	22.0M	12.2M	21.9M	22.9M
Common Stock	41.1K	48.6K	53.8K	57.9K	81.9K	86.0K
Non Current Liabilities Total	3.2M	3.6M	3.3M	4.0M	4.8M	5.1M
Other Current Liab	2.2M	3.6M	3.7M	2.7M	3.9M	4.1M
Short Long Term Debt Total	4.1M	4.4M	4.0M	5.0M	5.9M	6.2M
Other Liab	298.0K	259.6K	253.2K	420.5K	378.4K	281.5K
Property Plant And Equipment Net	3.4M	5.5M	5.3M	6.0M	6.1M	3.1M
Non Current Assets Total	3.7M	5.8M	5.5M	6.1M	6.1M	3.8M
Non Currrent Assets Other	(3.7M)	(5.8M)	(5.5M)	(6.1M)	(1.0)	(1.05)
Other Current Assets	322.6K	879.8K	1.4M	1.2M	881.5K	474.8K
Property Plant And Equipment Gross	3.4M	5.2M	7.9M	9.3M	10.3M	10.8M
Accumulated Other Comprehensive Income	125.7K	(60.0K)	148.3K	227.1K	243.9K	256.1K
Intangible Assets	372.3K	321.6K	216.9K	110.5K	23.9K	22.7K
Property Plant Equipment	3.4M	5.5M	5.3M	5.4M	6.2M	6.5M
Short Term Debt	1.0M	1.1M	1.2M	1.6M	1.7M	1.8M
Net Tangible Assets	13.8M	16.0M	17.7M	(3.2M)	(3.7M)	(3.5M)
Current Deferred Revenue	39.3K	69.2K	12.5K	10M	23M	24.2M
Retained Earnings Total Equity	(73.7M)	(89.8M)	(110.2M)	(167.3M)	(150.5M)	(143.0M)
Capital Surpluse	85.6M	103.9M	126.5M	164.4M	189.1M	198.5M
Short Long Term Debt	647.6K	841.3K	797.9K	1.1M	1.2M	815.1K
Long Term Debt	2.2M	2.6M	2.3M	2.8M	3.6M	2.1M
Long Term Debt Total	2.4M	3.0M	3.1M	2.8M	3.2M	2.4M
Capital Lease Obligations	1.1M	993.3K	948.5K	1.1M	1.0M	1.1M
Net Invested Capital	17.0M	19.8M	21.0M	1.3M	(3.0M)	(2.8M)
Net Working Capital	13.7M	14.1M	15.5M	(5.2M)	(10.0M)	(9.5M)
Capital Stock	41.1K	48.6K	53.8K	57.9K	81.9K	58.4K

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Volitionrx Total Revenue vs Ebit Analysis

Total Revenue vs Ebit

Total Revenue vs Ebit Correlation Analysis

Correlation Coefficient

Total Revenue

Ebit

Volitionrx fundamental ratios Correlations

Volitionrx Account Relationship Matchups

High Positive Relationship

High Negative Relationship

Volitionrx fundamental ratios Accounts

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Additional Tools for Volitionrx Stock Analysis

COMMON DESTINATIONS

MAIN CATEGORIES

COMPANY

Total Liab	+ 1.0	Total Current Liabilities
Cash And Short Term Investments	+ 1.0	Cash
Total Current Assets	+ 1.0	Cash
Total Current Assets	+ 1.0	Cash And Short Term Investments
Other Stockholder Equity	+ 1.0	Common Stock Total Equity
Other Stockholder Equity	+ 1.0	Common Stock Shares Outstanding

Short Term Debt	- 0.99	Retained Earnings
Property Plant And Equipment Gross	- 0.99	Retained Earnings
Common Stock	- 0.99	Retained Earnings
Other Stockholder Equity	- 0.99	Retained Earnings
Common Stock Shares Outstanding	- 0.99	Retained Earnings
Common Stock Total Equity	- 0.98	Retained Earnings