Vection Selling General Administrative vs Non Current Assets Total Analysis

VR1 Stock   0.02  0.01  19.23%   
Vection Technologies financial indicator trend analysis is much more than just breaking down Vection Technologies prevalent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Vection Technologies is a good investment. Please check the relationship between Vection Technologies Selling General Administrative and its Non Current Assets Total accounts. Check out World Market Map to better understand how to build diversified portfolios, which includes a position in Vection Technologies. 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.

Selling General Administrative vs Non Current Assets Total

Selling General Administrative vs Non Current Assets Total Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Vection Technologies Selling General Administrative account and Non Current Assets Total. At this time, the significance of the direction appears to have significant contrarian relationship.
The correlation between Vection Technologies' Selling General Administrative and Non Current Assets Total is -0.23. Overlapping area represents the amount of variation of Selling General Administrative that can explain the historical movement of Non Current Assets Total in the same time period over historical financial statements of Vection Technologies, assuming nothing else is changed. The correlation between historical values of Vection Technologies' Selling General Administrative and Non Current Assets Total is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Selling General Administrative of Vection Technologies are associated (or correlated) with its Non Current Assets Total. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Non Current Assets Total has no effect on the direction of Selling General Administrative i.e., Vection Technologies' Selling General Administrative and Non Current Assets Total go up and down completely randomly.

Correlation Coefficient

-0.23
Relationship DirectionNegative 
Relationship StrengthInsignificant

Selling General Administrative

Non Current Assets Total

The total value of a company's long-term assets, which are not expected to be converted into cash or used up within one year or the operating cycle, including property, plant, and equipment, and intangible assets.
Most indicators from Vection Technologies' fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Vection Technologies 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 Vection Technologies. 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.
Selling General Administrative is likely to gain to about 7.8 M in 2024, whereas Tax Provision is likely to drop slightly above 40 K in 2024.
 2021 2022 2023 2024 (projected)
Total Operating Expenses4.6M5.6M3.5M3.9M
Cost Of Revenue19.1M28.2M31.0M32.6M

Vection Technologies fundamental ratios Correlations

0.910.84-0.960.820.940.920.980.740.910.820.930.660.830.340.860.530.91-0.060.860.80.860.890.890.840.75
0.910.53-0.910.550.971.00.880.90.730.710.950.540.670.540.980.350.770.280.740.630.680.950.920.610.92
0.840.53-0.750.960.650.550.840.360.890.730.660.570.83-0.030.480.660.83-0.50.790.770.810.530.610.890.32
-0.96-0.91-0.75-0.71-0.95-0.92-0.93-0.74-0.93-0.87-0.92-0.61-0.75-0.54-0.89-0.33-0.87-0.03-0.75-0.82-0.82-0.86-0.89-0.77-0.77
0.820.550.96-0.710.670.560.870.470.850.640.680.450.84-0.10.530.750.76-0.380.790.640.720.510.680.780.41
0.940.970.65-0.950.670.970.940.90.830.780.980.480.740.50.970.430.80.150.760.690.70.880.950.670.87
0.921.00.55-0.920.560.970.880.860.750.730.930.590.670.540.960.330.790.270.740.660.720.970.910.630.91
0.980.880.84-0.930.870.940.880.790.90.770.940.520.840.270.870.610.85-0.040.840.710.770.820.920.770.76
0.740.90.36-0.740.470.90.860.790.570.50.910.160.540.430.940.430.540.350.580.380.370.740.880.370.87
0.910.730.89-0.930.850.830.750.90.570.920.810.620.810.340.70.450.92-0.260.770.910.870.690.760.860.54
0.820.710.73-0.870.640.780.730.770.50.920.760.690.770.510.650.240.9-0.20.710.940.840.690.670.810.49
0.930.950.66-0.920.680.980.930.940.910.810.760.470.790.460.930.490.80.050.80.670.660.830.920.70.81
0.660.540.57-0.610.450.480.590.520.160.620.690.470.630.340.370.120.82-0.250.70.750.850.690.350.780.3
0.830.670.83-0.750.840.740.670.840.540.810.770.790.630.140.610.620.83-0.330.910.670.740.590.720.80.46
0.340.54-0.03-0.54-0.10.50.540.270.430.340.510.460.340.140.53-0.550.30.330.090.380.220.480.370.170.44
0.860.980.48-0.890.530.970.960.870.940.70.650.930.370.610.530.340.670.390.650.540.580.880.960.480.96
0.530.350.66-0.330.750.430.330.610.430.450.240.490.120.62-0.550.340.48-0.310.680.280.420.30.480.50.3
0.910.770.83-0.870.760.80.790.850.540.920.90.80.820.830.30.670.48-0.270.870.940.960.80.690.930.54
-0.060.28-0.5-0.03-0.380.150.27-0.040.35-0.26-0.20.05-0.25-0.330.330.39-0.31-0.27-0.22-0.33-0.220.270.26-0.550.59
0.860.740.79-0.750.790.760.740.840.580.770.710.80.70.910.090.650.680.87-0.220.70.830.720.680.810.55
0.80.630.77-0.820.640.690.660.710.380.910.940.670.750.670.380.540.280.94-0.330.70.910.670.530.890.38
0.860.680.81-0.820.720.70.720.770.370.870.840.660.850.740.220.580.420.96-0.220.830.910.780.610.880.5
0.890.950.53-0.860.510.880.970.820.740.690.690.830.690.590.480.880.30.80.270.720.670.780.820.640.87
0.890.920.61-0.890.680.950.910.920.880.760.670.920.350.720.370.960.480.690.260.680.530.610.820.540.9
0.840.610.89-0.770.780.670.630.770.370.860.810.70.780.80.170.480.50.93-0.550.810.890.880.640.540.31
0.750.920.32-0.770.410.870.910.760.870.540.490.810.30.460.440.960.30.540.590.550.380.50.870.90.31
Click cells to compare fundamentals

Vection Technologies Account Relationship Matchups

Vection Technologies fundamental ratios Accounts

201920202021202220232024 (projected)
Total Assets16.2M31.3M40.2M42.1M46.2M48.5M
Total Current Liabilities6.1M11.3M8.5M19.4M27.7M29.0M
Total Stockholder Equity6.1M15.4M28.0M19.2M10.4M9.9M
Retained Earnings(16.5M)(20.9M)(27.7M)(34.6M)(40.6M)(38.6M)
Cash And Short Term Investments1.6M7.1M14.9M11.4M7.6M6.0M
Net Receivables2.1M4.9M5.9M13.1M13.6M14.3M
Total Liab10.2M15.9M12.2M22.9M36.7M38.5M
Total Current Assets3.7M13.1M22.4M25.7M23.8M25.0M
Short Term Debt521.9K1.2M1.4M8.3M7.6M8.0M
Common Stock22.4M27.5M44.6M46.6M46.6M26.2M
Property Plant Equipment648.3K871.9K711.9K1.0M1.2M594.6K
Short Long Term Debt Total1.4M4.9M4.2M10.8M9.0M9.5M
Other Current Liab4.9M8.0M3.4M844.7K5.3M3.0M
Property Plant And Equipment Net76.9K871.9K716.7K871.8K671K487.1K
Net Debt(152.9K)(2.2M)(10.8M)(675.6K)1.4M1.5M
Accounts Payable694.5K2.1M3.7M10.2M14.1M14.8M
Cash1.6M7.1M14.9M11.4M7.6M6.6M
Non Current Assets Total12.5M18.3M17.8M16.4M22.4M11.5M
Non Currrent Assets Other(12.5M)(18.3M)(17.8M)(16.4M)15.1M15.9M
Common Stock Shares Outstanding573.7M931.4M1.1B451.1M1.1B568.8M
Liabilities And Stockholders Equity16.2M31.3M40.2M42.1M46.2M24.1M
Non Current Liabilities Total4.0M4.6M3.8M3.5M9.0M9.4M
Property Plant And Equipment Gross76.9K240.0K711.9K1.0M1.2M1.2M
Accumulated Other Comprehensive Income230.9K8.9M11.1M7.2M4.4M4.2M
Intangible Assets12.4M17.3M17.0M15.5M9.9M9.4M
Long Term Debt Total909.9K3.7M2.8M2.5M2.8M1.6M
Other Current Assets5.9K41.4K318.6K500.6K1.3M1.4M
Net Invested Capital6.9M16.4M29.6M29.1M33.5M35.1M
Net Working Capital(2.4M)(1.7M)12.0M6.5M7.5M7.9M
Other Liab3.1M2.8M1.8M1.2M1.3M1.7M
Net Tangible Assets(5.7M)(7.2M)8.1M4.4M5.1M5.4M
Current Deferred Revenue1.0742.1K(2.7M)102.3K165K173.3K
Other Stockholder Equity(1.0)(6.8M)(17.3M)(12.7M)1.01.05
Capital Stock22.4M29.7M45.1M45.9M52.8M35.7M

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