Viq Short Term Debt vs Net Debt Analysis

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 Short Term Debt and its Net Debt 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.

Short Term Debt vs Net Debt

Short Term Debt vs Net Debt Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Viq Solutions Short Term Debt account and Net Debt. At this time, the significance of the direction appears to have very week relationship.
The correlation between Viq Solutions' Short Term Debt and Net Debt is 0.27. Overlapping area represents the amount of variation of Short Term Debt that can explain the historical movement of Net Debt 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' Short Term Debt and Net Debt is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Short Term Debt of Viq Solutions are associated (or correlated) with its Net Debt. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Net Debt has no effect on the direction of Short Term Debt i.e., Viq Solutions' Short Term Debt and Net Debt go up and down completely randomly.

Correlation Coefficient

0.27
Relationship DirectionPositive 
Relationship StrengthVery Weak

Short Term Debt

Net Debt

The total debt of a company minus its cash and cash equivalents. It represents the actual debt burden on the company after accounting for the liquid assets it holds.
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 M
 2021 2022 2023 2024 (projected)
Gross Profit14.9M21.9M18.1M19.0M
Total Revenue31.0M45.8M41.0M43.1M

Viq Solutions fundamental ratios Correlations

0.860.40.830.890.620.610.39-0.70.810.720.910.090.720.97-0.710.770.370.660.130.870.910.470.930.790.64
0.860.680.750.620.520.750.73-0.830.930.520.95-0.010.520.83-0.810.950.40.690.10.990.70.280.930.880.46
0.40.680.430.050.120.320.76-0.470.570.020.58-0.230.020.42-0.610.70.430.360.060.680.16-0.110.660.490.1
0.830.750.430.650.740.610.61-0.680.810.30.860.210.30.9-0.750.540.350.680.070.80.570.790.860.770.27
0.890.620.050.650.560.50.04-0.550.630.820.740.150.820.84-0.410.550.270.590.120.640.940.470.720.660.67
0.620.520.120.740.560.650.53-0.740.630.070.690.410.070.74-0.450.35-0.120.840.360.560.370.70.510.78-0.12
0.610.750.320.610.50.650.66-0.950.870.270.80.090.270.65-0.40.70.190.830.20.780.460.350.580.90.09
0.390.730.760.610.040.530.66-0.750.73-0.210.690.11-0.210.48-0.640.640.180.670.110.730.040.270.590.73-0.22
-0.7-0.83-0.47-0.68-0.55-0.74-0.95-0.75-0.91-0.25-0.88-0.19-0.25-0.750.49-0.77-0.19-0.93-0.2-0.85-0.49-0.35-0.69-0.97-0.08
0.810.930.570.810.630.630.870.73-0.910.420.950.090.420.84-0.720.850.330.820.090.960.640.410.860.950.31
0.720.520.020.30.820.070.27-0.21-0.250.420.49-0.151.00.57-0.350.570.340.16-0.010.50.940.050.580.350.92
0.910.950.580.860.740.690.80.69-0.880.950.490.130.490.92-0.750.860.360.830.140.970.720.470.940.950.39
0.09-0.01-0.230.210.150.410.090.11-0.190.09-0.150.13-0.150.1-0.02-0.12-0.50.40.00.01-0.030.40.00.19-0.27
0.720.520.020.30.820.070.27-0.21-0.250.421.00.49-0.150.57-0.350.570.340.16-0.010.50.940.050.580.350.92
0.970.830.420.90.840.740.650.48-0.750.840.570.920.10.57-0.70.710.360.720.210.860.810.580.90.830.49
-0.71-0.81-0.61-0.75-0.41-0.45-0.4-0.640.49-0.72-0.35-0.75-0.02-0.35-0.7-0.71-0.17-0.41-0.11-0.8-0.51-0.39-0.83-0.62-0.36
0.770.950.70.540.550.350.70.64-0.770.850.570.86-0.120.570.71-0.710.370.610.110.940.68-0.010.840.80.5
0.370.40.430.350.27-0.120.190.18-0.190.330.340.36-0.50.340.36-0.170.370.08-0.40.40.370.090.50.20.47
0.660.690.360.680.590.840.830.67-0.930.820.160.830.40.160.72-0.410.610.080.160.740.440.460.610.94-0.05
0.130.10.060.070.120.360.20.11-0.20.09-0.010.140.0-0.010.21-0.110.11-0.40.160.10.070.00.040.2-0.11
0.870.990.680.80.640.560.780.73-0.850.960.50.970.010.50.86-0.80.940.40.740.10.70.330.940.910.43
0.910.70.160.570.940.370.460.04-0.490.640.940.72-0.030.940.81-0.510.680.370.440.070.70.270.770.60.84
0.470.28-0.110.790.470.70.350.27-0.350.410.050.470.40.050.58-0.39-0.010.090.460.00.330.270.430.430.01
0.930.930.660.860.720.510.580.59-0.690.860.580.940.00.580.9-0.830.840.50.610.040.940.770.430.790.57
0.790.880.490.770.660.780.90.73-0.970.950.350.950.190.350.83-0.620.80.20.940.20.910.60.430.790.17
0.640.460.10.270.67-0.120.09-0.22-0.080.310.920.39-0.270.920.49-0.360.50.47-0.05-0.110.430.840.010.570.17
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Viq Solutions Account Relationship Matchups

Viq Solutions fundamental ratios Accounts

201920202021202220232024 (projected)
Total Assets20.8M42.7M47.7M35.5M29.7M15.0M
Short Long Term Debt Total11.9M14.0M14.3M9.9M13.5M14.2M
Other Current Liab3.0M328.1K2.5M367.4K2.6M2.7M
Total Current Liabilities8.0M8.5M10.3M17.2M8.9M5.4M
Total Stockholder Equity2.2M19.8M22.1M15.6M6.2M5.6M
Property Plant And Equipment Net758.6K525.4K1.6M2.5M1.7M862.7K
Current Deferred Revenue455.0K1.3M1.0M1.7M2.0M2.1M
Net Debt10.2M(2.9M)3.7M8.2M11.9M12.5M
Retained Earnings(24.2M)(35.3M)(55.0M)(63.7M)(78.1M)(74.2M)
Accounts Payable3.1M5.3M5.4M5.9M6.3M6.6M
Cash1.7M16.8M10.6M1.7M1.6M2.7M
Non Current Assets Total15.6M21.1M29.4M26.4M22.0M23.1M
Non Currrent Assets Other37.5K42.8K303.9K463.7K185.7K145.2K
Cash And Short Term Investments1.7M16.8M10.6M1.7M1.6M2.7M
Net Receivables3.2M4.5M5.6M5.4M4.3M2.5M
Common Stock Shares Outstanding9.8M18.1M26.4M31.6M37.3M54.1M
Liabilities And Stockholders Equity20.8M42.7M47.7M35.5M29.7M15.0M
Non Current Liabilities Total10.6M14.4M15.3M2.7M14.6M15.4M
Inventory64.7K49.4K49.6K37.8K29.1K43.1K
Other Current Assets184.2K254.2K2.1M2.1M1.7M1.8M
Other Stockholder Equity4.6M5.0M4.8M5.9M8.7M4.6M
Total Liab18.6M22.9M25.6M19.9M23.5M24.7M
Total Current Assets5.1M21.6M18.3M9.2M7.7M5.7M
Accumulated Other Comprehensive Income(135.1K)(78.9K)74.5K(1.2M)(670.8K)(637.2K)
Short Term Debt1.4M1.6M1.4M9.1M19.8K18.8K
Intangible Assets10.2M12.1M14.8M10.7M8.1M7.9M
Good Will4.3M7.0M12.3M12.0M12.1M12.7M
Other Assets406.7K372.1K1.5M768.7K1.151.09
Common Stock22.0M50.2M72.2M74.7M76.2M80.0M
Long Term Debt10.1M12.1M12.0M19.8K22.8K21.6K
Long Term Debt Total10.5M12.4M12.9M738.4K849.1K806.7K
Capital Surpluse4.6M5.0M4.8M5.9M6.8M4.2M
Property Plant Equipment758.6K525.4K1.6M2.5M2.9M3.0M
Other Liab107.8K2.1M2.4M2.0M2.3M2.4M
Net Tangible Assets(12.3M)692.0K(5.0M)(7.1M)(6.4M)(6.7M)
Capital Lease Obligations689.6K354.2K1.2M1.2M1.4M1.5M
Net Invested Capital13.4M33.4M35.2M24.3M27.9M23.0M
Net Working Capital(2.8M)13.1M8.0M(8.0M)(7.2M)(6.9M)
Short Long Term Debt1.1M1.5M1.1M8.6M9.9M10.4M
Capital Stock22.0M50.2M72.2M74.7M85.9M52.3M

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.