VQS Stock | | | CAD 0.18 0.01 5.88% |
Viq Solutions financial indicator trend analysis is much more than just breaking down Viq Solutions prevalent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Viq Solutions is a good investment. Please check the relationship between Viq Solutions Cash And Short Term Investments and its Inventory accounts. Check out
World Market Map to better understand how to build diversified portfolios, which includes a position in Viq Solutions. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as
signals in board of governors.
Cash And Short Term Investments vs Inventory
Cash And Short Term Investments vs Inventory Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of
Viq Solutions Cash And Short Term Investments account and
Inventory. At this time, the significance of the direction appears to have weak relationship.
The correlation between Viq Solutions' Cash And Short Term Investments and Inventory is 0.34. Overlapping area represents the amount of variation of Cash And Short Term Investments that can explain the historical movement of Inventory in the same time period over historical financial statements of Viq Solutions, assuming nothing else is changed. The correlation between historical values of Viq Solutions' Cash And Short Term Investments and Inventory 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 Viq Solutions are associated (or correlated) with its Inventory. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Inventory has no effect on the direction of Cash And Short Term Investments i.e., Viq Solutions' Cash And Short Term Investments and Inventory go up and down completely randomly.
Correlation Coefficient | 0.34 |
Relationship Direction | Positive |
Relationship Strength | Very Weak |
Cash And Short Term Investments
Short Term Investments is an account in the current assets section of Viq Solutions balance sheet. This account contains Viq Solutions investments that will expire within one year. These investments include stocks and bonds that can be liquidated by Viq Solutions 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.
Inventory
Most indicators from Viq Solutions' fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Viq Solutions 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 Viq Solutions. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as
signals in board of governors.
As of the 12th of December 2024,
Tax Provision is likely to grow to about (373.6
K). In addition to that,
Selling General Administrative is likely to drop to about 14.3
MViq Solutions fundamental ratios Correlations
Click cells to compare fundamentals
Viq Solutions Account Relationship Matchups
High Positive Relationship
High Negative Relationship
Viq Solutions fundamental ratios Accounts
Other Information on Investing in Viq Stock
Balance Sheet is a snapshot of the
financial position of Viq Solutions at a specified time, usually calculated after every quarter, six months, or one year. Viq Solutions Balance Sheet has two main parts: assets and liabilities. Liabilities are the debts or obligations of Viq Solutions and are divided into current liabilities and long term liabilities. An asset, on the other hand, is anything of value that can be converted into cash and which Viq currently owns. An asset can also be divided into two categories, current and non-current.