Vection Total Current Assets vs Total Revenue 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 Current Assets and its Total Revenue 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 Current Assets vs Total Revenue

Total Current Assets vs Total Revenue Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Vection Technologies Total Current Assets account and Total Revenue. At this time, the significance of the direction appears to have very strong relationship.
The correlation between Vection Technologies' Total Current Assets and Total Revenue is 0.89. Overlapping area represents the amount of variation of Total Current Assets that can explain the historical movement of Total Revenue 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 Current Assets and Total Revenue 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 Current Assets of Vection Technologies are associated (or correlated) with its Total Revenue. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Total Revenue has no effect on the direction of Total Current Assets i.e., Vection Technologies' Total Current Assets and Total Revenue go up and down completely randomly.

Correlation Coefficient

0.89
Relationship DirectionPositive 
Relationship StrengthStrong

Total Current Assets

The total value of all assets that are expected to be converted into cash within one year or during the normal operating cycle.

Total Revenue

Total revenue comprises all receipts Vection Technologies 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.
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

Thematic Opportunities

Explore Investment Opportunities

Build portfolios using Macroaxis predefined set of investing ideas. Many of Macroaxis investing ideas can easily outperform a given market. Ideas can also be optimized per your risk profile before portfolio origination is invoked. Macroaxis thematic optimization helps investors identify companies most likely to benefit from changes or shifts in various micro-economic or local macro-level trends. Originating optimal thematic portfolios involves aligning investors' personal views, ideas, and beliefs with their actual investments.
Explore Investing Ideas  

Additional Tools for Vection Stock Analysis

When running Vection Technologies' price analysis, check to measure Vection Technologies' market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy Vection Technologies is operating at the current time. Most of Vection Technologies' value examination focuses on studying past and present price action to predict the probability of Vection Technologies' future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Vection Technologies' price. Additionally, you may evaluate how the addition of Vection Technologies to your portfolios can decrease your overall portfolio volatility.