Vection Total Assets vs Property Plant Equipment 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 Total Assets and its Property Plant Equipment 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.

Total Assets vs Property Plant Equipment

Total Assets vs Property Plant Equipment Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Vection Technologies Total Assets account and Property Plant Equipment. At this time, the significance of the direction appears to have very strong relationship.
The correlation between Vection Technologies' Total Assets and Property Plant Equipment is 0.82. Overlapping area represents the amount of variation of Total Assets that can explain the historical movement of Property Plant Equipment 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' Total Assets and Property Plant Equipment 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 Assets of Vection Technologies are associated (or correlated) with its Property Plant Equipment. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Property Plant Equipment has no effect on the direction of Total Assets i.e., Vection Technologies' Total Assets and Property Plant Equipment go up and down completely randomly.

Correlation Coefficient

0.82
Relationship DirectionPositive 
Relationship StrengthStrong

Total Assets

Total assets refers to the total amount of Vection Technologies assets owned. Assets are items that have some economic value and are expended over time to create a benefit for the owner. These assets are usually recorded in Vection Technologies books under different categories such as cash, marketable securities, accounts receivable,prepaid expenses, inventory, fixed assets, intangible assets, other assets, marketable securities, accounts receivable, prepaid expenses and others. The total value of all owned resources that are expected to provide future economic benefits to the business, including cash, investments, accounts receivable, inventory, property, plant, equipment, and intangible assets.

Property Plant Equipment

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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