Varonis Other Liab vs Total Current Liabilities Analysis

VRNS Stock  USD 50.11  0.09  0.18%   
Varonis Systems financial indicator trend analysis is much more than just breaking down Varonis Systems prevalent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Varonis Systems is a good investment. Please check the relationship between Varonis Systems Other Liab and its Total Current Liabilities accounts. Check out World Market Map to better understand how to build diversified portfolios, which includes a position in Varonis Systems. 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.
For more information on how to buy Varonis Stock please use our How to Invest in Varonis Systems guide.

Other Liab vs Total Current Liabilities

Other Liab vs Total Current Liabilities Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Varonis Systems Other Liab account and Total Current Liabilities. At this time, the significance of the direction appears to have significant contrarian relationship.
The correlation between Varonis Systems' Other Liab and Total Current Liabilities is -0.38. Overlapping area represents the amount of variation of Other Liab that can explain the historical movement of Total Current Liabilities in the same time period over historical financial statements of Varonis Systems, assuming nothing else is changed. The correlation between historical values of Varonis Systems' Other Liab and Total Current Liabilities is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Other Liab of Varonis Systems are associated (or correlated) with its Total Current Liabilities. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Total Current Liabilities has no effect on the direction of Other Liab i.e., Varonis Systems' Other Liab and Total Current Liabilities go up and down completely randomly.

Correlation Coefficient

-0.38
Relationship DirectionNegative 
Relationship StrengthInsignificant

Other Liab

Total Current Liabilities

Total Current Liabilities is an item on Varonis Systems balance sheet that include short term debt, accounts payable, accrued salaries payable, payroll taxes payable, accrued liabilities and other debts. Total Current Liabilities of Varonis Systems are important to investors because some useful performance ratios such as Current Ratio and Quick Ratio require Total Current Liabilities to be accurate. The total amount of liabilities that a company is expected to pay within one year, including debts, accounts payable, and other short-term financial obligations.
Most indicators from Varonis Systems' fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Varonis Systems 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 Varonis Systems. 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.
For more information on how to buy Varonis Stock please use our How to Invest in Varonis Systems guide.At this time, Varonis Systems' Selling General Administrative is comparatively stable compared to the past year. Tax Provision is likely to gain to about 18.8 M in 2024, whereas Sales General And Administrative To Revenue is likely to drop 0.10 in 2024.
 2021 2022 2023 2024 (projected)
Gross Profit330.7M403.8M427.4M448.8M
Total Revenue390.1M473.6M499.2M524.1M

Varonis Systems fundamental ratios Correlations

0.860.60.880.830.880.83-0.21-0.850.250.690.70.850.860.850.810.660.760.610.820.850.840.640.870.83-0.34
0.860.770.940.970.80.89-0.2-0.980.230.760.890.730.880.950.980.760.940.530.960.990.970.760.990.98-0.52
0.60.770.80.650.550.790.42-0.86-0.260.270.850.520.530.830.750.870.840.280.820.780.850.730.70.73-0.55
0.880.940.80.880.770.990.02-0.970.010.560.940.740.730.990.920.810.860.640.980.950.950.880.90.91-0.38
0.830.970.650.880.730.83-0.34-0.920.380.80.810.640.90.90.980.720.850.440.90.970.90.680.980.99-0.44
0.880.80.550.770.730.7-0.26-0.790.230.750.670.970.830.710.70.480.810.670.750.760.820.630.80.73-0.57
0.830.890.790.990.830.70.11-0.93-0.090.460.940.680.640.980.890.80.80.630.960.910.910.910.830.87-0.32
-0.21-0.20.420.02-0.34-0.260.110.01-0.84-0.750.15-0.22-0.50.05-0.160.35-0.11-0.18-0.03-0.15-0.060.26-0.32-0.220.04
-0.85-0.98-0.86-0.97-0.92-0.79-0.930.01-0.06-0.63-0.94-0.72-0.81-0.97-0.96-0.84-0.93-0.51-0.97-0.98-0.98-0.84-0.94-0.960.54
0.250.23-0.260.010.380.23-0.09-0.84-0.060.67-0.140.210.530.010.22-0.150.120.110.060.190.08-0.270.350.29-0.15
0.690.760.270.560.80.750.46-0.75-0.630.670.460.690.910.540.690.220.730.460.620.710.680.280.830.73-0.48
0.70.890.850.940.810.670.940.15-0.94-0.140.460.630.60.940.890.760.860.570.960.90.930.950.810.86-0.54
0.850.730.520.740.640.970.68-0.22-0.720.210.690.630.750.670.610.40.770.80.730.690.790.590.730.64-0.54
0.860.880.530.730.90.830.64-0.5-0.810.530.910.60.750.730.830.560.830.410.760.850.820.430.940.87-0.48
0.850.950.830.990.90.710.980.05-0.970.010.540.940.670.730.950.860.850.550.970.960.950.860.90.93-0.36
0.810.980.750.920.980.70.89-0.16-0.960.220.690.890.610.830.950.80.870.430.940.990.930.780.961.0-0.48
0.660.760.870.810.720.480.80.35-0.84-0.150.220.760.40.560.860.80.680.170.770.80.760.70.720.78-0.26
0.760.940.840.860.850.810.8-0.11-0.930.120.730.860.770.830.850.870.680.510.910.910.970.690.920.87-0.67
0.610.530.280.640.440.670.63-0.18-0.510.110.460.570.80.410.550.430.170.510.640.490.590.60.490.42-0.25
0.820.960.820.980.90.750.96-0.03-0.970.060.620.960.730.760.970.940.770.910.640.960.970.860.920.92-0.47
0.850.990.780.950.970.760.91-0.15-0.980.190.710.90.690.850.960.990.80.910.490.960.960.790.970.99-0.48
0.840.970.850.950.90.820.91-0.06-0.980.080.680.930.790.820.950.930.760.970.590.970.960.80.940.92-0.57
0.640.760.730.880.680.630.910.26-0.84-0.270.280.950.590.430.860.780.70.690.60.860.790.80.660.74-0.42
0.870.990.70.90.980.80.83-0.32-0.940.350.830.810.730.940.90.960.720.920.490.920.970.940.660.98-0.48
0.830.980.730.910.990.730.87-0.22-0.960.290.730.860.640.870.931.00.780.870.420.920.990.920.740.98-0.48
-0.34-0.52-0.55-0.38-0.44-0.57-0.320.040.54-0.15-0.48-0.54-0.54-0.48-0.36-0.48-0.26-0.67-0.25-0.47-0.48-0.57-0.42-0.48-0.48
Click cells to compare fundamentals

Varonis Systems Account Relationship Matchups

Varonis Systems fundamental ratios Accounts

201920202021202220232024 (projected)
Common Stock Shares Outstanding90.8M94.3M105.3M109.3M109.1M89.5M
Total Assets318.3M555.5M1.1B1.0B1.1B1.2B
Other Current Liab673K83.2M62K105.4M115.0M120.8M
Total Current Liabilities159.6M182.6M211.8M228.7M306.8M322.1M
Total Stockholder Equity93.5M94.1M596.6M502.1M489.6M514.1M
Property Plant And Equipment Net91.4M85.1M102.0M95.8M85.8M43.6M
Current Deferred Revenue96.0M98.6M104.2M110.6M181.0M190.1M
Net Debt(11.9M)38.9M(511.7M)(51.3M)81.1M85.2M
Retained Earnings(216.7M)(310.7M)(427.6M)(543.5M)(644.4M)(612.2M)
Accounts Payable997K850K5.3M3.0M672K638.4K
Cash68.9M234.1M805.8M367.8M230.7M171.3M
Non Current Assets Total109.8M135.6M149.3M138.1M336.8M353.6M
Non Currrent Assets Other18.4M21.6M19.8M16.3M15.5M8.8M
Cash And Short Term Investments120.5M298.3M807.6M732.5M533.7M267.6M
Net Receivables75.1M95.8M117.2M143.2M184.5M193.7M
Common Stock Total Equity30K31K32K108K124.2K130.4K
Short Term Investments51.5M64.2M1.9M364.7M303.0M318.1M
Liabilities And Stockholders Equity318.3M555.5M1.1B1.0B1.1B1.2B
Non Current Liabilities Total65.2M278.8M300.2M312.9M307.5M322.9M
Other Current Assets13.0M25.8M34.4M30.0M47.9M50.3M
Other Stockholder Equity310.7M395.4M1.0B1.1B1.1B1.2B
Total Liab224.8M461.4M511.9M541.6M614.3M645.0M
Property Plant And Equipment Gross91.4M37.2M38.3M39.0M131.3M137.9M
Total Current Assets208.6M419.8M959.2M905.7M767.2M805.5M
Accumulated Other Comprehensive Income(449K)9.4M6.1M(9.6M)(8.6M)(8.2M)
Common Stock30K31K32K108K109K114.5K
Other Liab8.2M5.8M6.1M6.3M5.6M7.2M
Other Assets18.4M21.6M19.8M16.3M18.8M9.5M
Property Plant Equipment36.3M37.2M102.0M39.0M44.9M26.9M
Net Tangible Assets93.5M94.1M569.1M502.1M577.4M606.3M
Retained Earnings Total Equity(216.7M)(310.7M)(427.6M)(543.5M)(489.1M)(464.7M)
Capital Surpluse310.7M395.4M1.0B1.1B1.2B1.3B
Non Current Liabilities Other65.2M60.3M3.6M63.9M4.8M4.6M
Short Term Debt51.0M61.9M102.2M9.9M10.0M9.5M
Net Invested Capital93.5M312.5M821.9M751.1M740.1M463.0M
Net Working Capital49.0M237.2M747.4M676.9M460.4M374.9M

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Additional Tools for Varonis Stock Analysis

When running Varonis Systems' price analysis, check to measure Varonis Systems' 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 Varonis Systems is operating at the current time. Most of Varonis Systems' value examination focuses on studying past and present price action to predict the probability of Varonis Systems' future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Varonis Systems' price. Additionally, you may evaluate how the addition of Varonis Systems to your portfolios can decrease your overall portfolio volatility.