Varonis Total Liab vs Non Current Assets Total Analysis

VRNS Stock  USD 50.02  0.18  0.36%   
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 Total Liab 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 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.

Total Liab vs Non Current Assets Total

Total Liab vs Non Current Assets Total Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Varonis Systems Total Liab account and Non Current Assets Total. At this time, the significance of the direction appears to have almost identical trend.
The correlation between Varonis Systems' Total Liab and Non Current Assets Total is 0.93. Overlapping area represents the amount of variation of Total Liab that can explain the historical movement of Non Current Assets Total 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' Total Liab 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 Total Liab of Varonis Systems 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 Total Liab i.e., Varonis Systems' Total Liab and Non Current Assets Total go up and down completely randomly.

Correlation Coefficient

0.93
Relationship DirectionPositive 
Relationship StrengthVery Strong

Total Liab

The total amount of all liabilities that a company has, including both short-term and long-term liabilities.

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 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

0.860.60.880.830.880.83-0.21-0.850.250.690.70.850.860.850.810.660.760.610.920.850.840.640.870.83-0.34
0.860.770.940.970.80.89-0.2-0.980.230.760.890.730.880.950.980.760.940.530.860.990.970.760.990.98-0.52
0.60.770.80.650.550.790.42-0.86-0.260.270.850.520.530.830.750.870.840.280.580.780.850.730.70.73-0.55
0.880.940.80.880.770.990.02-0.970.010.560.940.740.730.990.920.810.860.640.810.950.950.880.90.91-0.38
0.830.970.650.880.730.83-0.34-0.920.380.80.810.640.90.90.980.720.850.440.820.970.90.680.980.99-0.44
0.880.80.550.770.730.7-0.26-0.790.230.750.670.970.830.710.70.480.810.670.910.760.820.630.80.73-0.57
0.830.890.790.990.830.70.11-0.93-0.090.460.940.680.640.980.890.80.80.630.730.910.910.910.830.87-0.32
-0.21-0.20.420.02-0.34-0.260.110.01-0.84-0.750.15-0.22-0.50.05-0.160.35-0.11-0.18-0.36-0.15-0.060.26-0.32-0.220.04
-0.85-0.98-0.86-0.97-0.92-0.79-0.930.01-0.06-0.63-0.94-0.72-0.81-0.97-0.96-0.84-0.93-0.51-0.82-0.98-0.98-0.84-0.94-0.960.54
0.250.23-0.260.010.380.23-0.09-0.84-0.060.67-0.140.210.530.010.22-0.150.120.110.370.190.08-0.270.350.29-0.15
0.690.760.270.560.80.750.46-0.75-0.630.670.460.690.910.540.690.220.730.460.830.710.680.280.830.73-0.48
0.70.890.850.940.810.670.940.15-0.94-0.140.460.630.60.940.890.760.860.570.660.90.930.950.810.86-0.54
0.850.730.520.740.640.970.68-0.22-0.720.210.690.630.750.670.610.40.770.80.910.690.790.590.730.64-0.54
0.860.880.530.730.90.830.64-0.5-0.810.530.910.60.750.730.830.560.830.410.920.850.820.430.940.87-0.48
0.850.950.830.990.90.710.980.05-0.970.010.540.940.670.730.950.860.850.550.780.960.950.860.90.93-0.36
0.810.980.750.920.980.70.89-0.16-0.960.220.690.890.610.830.950.80.870.430.770.990.930.780.961.0-0.48
0.660.760.870.810.720.480.80.35-0.84-0.150.220.760.40.560.860.80.680.170.540.80.760.70.720.78-0.26
0.760.940.840.860.850.810.8-0.11-0.930.120.730.860.770.830.850.870.680.510.840.910.970.690.920.87-0.67
0.610.530.280.640.440.670.63-0.18-0.510.110.460.570.80.410.550.430.170.510.680.490.590.60.490.42-0.25
0.920.860.580.810.820.910.73-0.36-0.820.370.830.660.910.920.780.770.540.840.680.820.860.530.890.8-0.44
0.850.990.780.950.970.760.91-0.15-0.980.190.710.90.690.850.960.990.80.910.490.820.960.790.970.99-0.48
0.840.970.850.950.90.820.91-0.06-0.980.080.680.930.790.820.950.930.760.970.590.860.960.80.940.92-0.57
0.640.760.730.880.680.630.910.26-0.84-0.270.280.950.590.430.860.780.70.690.60.530.790.80.660.74-0.42
0.870.990.70.90.980.80.83-0.32-0.940.350.830.810.730.940.90.960.720.920.490.890.970.940.660.98-0.48
0.830.980.730.910.990.730.87-0.22-0.960.290.730.860.640.870.931.00.780.870.420.80.990.920.740.98-0.48
-0.34-0.52-0.55-0.38-0.44-0.57-0.320.040.54-0.15-0.48-0.54-0.54-0.48-0.36-0.48-0.26-0.67-0.25-0.44-0.48-0.57-0.42-0.48-0.48
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 Assets13.0M25.8M34.4M30.0M27.2M13.9M
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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