Virpax Common Stock Total Equity vs Cash Analysis

VRPX Stock  USD 0.47  0.10  17.54%   
Virpax Pharmaceuticals financial indicator trend analysis is much more than just breaking down Virpax Pharmaceuticals prevalent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Virpax Pharmaceuticals is a good investment. Please check the relationship between Virpax Pharmaceuticals Common Stock Total Equity and its Cash accounts. Check out World Market Map to better understand how to build diversified portfolios, which includes a position in Virpax Pharmaceuticals. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in american community survey.
For more information on how to buy Virpax Stock please use our How to Invest in Virpax Pharmaceuticals guide.

Common Stock Total Equity vs Cash

Common Stock Total Equity vs Cash Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Virpax Pharmaceuticals Common Stock Total Equity account and Cash. At this time, the significance of the direction appears to have fragmental relationship.
The correlation between Virpax Pharmaceuticals' Common Stock Total Equity and Cash is 0.45. Overlapping area represents the amount of variation of Common Stock Total Equity that can explain the historical movement of Cash in the same time period over historical financial statements of Virpax Pharmaceuticals, assuming nothing else is changed. The correlation between historical values of Virpax Pharmaceuticals' Common Stock Total Equity and Cash is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Common Stock Total Equity of Virpax Pharmaceuticals are associated (or correlated) with its Cash. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Cash has no effect on the direction of Common Stock Total Equity i.e., Virpax Pharmaceuticals' Common Stock Total Equity and Cash go up and down completely randomly.

Correlation Coefficient

0.45
Relationship DirectionPositive 
Relationship StrengthWeak

Common Stock Total Equity

The total value of common stock equity held by shareholders, representing their ownership interest in the company.

Cash

Cash refers to the most liquid asset of Virpax Pharmaceuticals, which is listed under current asset account on Virpax Pharmaceuticals balance sheet and usually includes currency, coins, checking accounts, and not deposited checks received from Virpax Pharmaceuticals customers. The amounts must be unrestricted with restricted cash listed in a different Virpax Pharmaceuticals account. The total amount of money in the form of currency that a company has in its possession. This includes all bills, coins, and funds in bank accounts.
Most indicators from Virpax Pharmaceuticals' fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Virpax Pharmaceuticals 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 Virpax Pharmaceuticals. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in american community survey.
For more information on how to buy Virpax Stock please use our How to Invest in Virpax Pharmaceuticals guide.At this time, Virpax Pharmaceuticals' Enterprise Value Over EBITDA is fairly stable compared to the past year. Enterprise Value Multiple is likely to rise to 0.34 in 2024, whereas Selling General Administrative is likely to drop slightly above 6.1 M in 2024.

Virpax Pharmaceuticals fundamental ratios Correlations

0.640.370.30.970.79-1.0-0.560.491.01.00.45-0.56-0.650.970.850.260.960.021.00.790.970.020.79-0.73-0.21
0.640.710.710.490.73-0.62-0.760.40.640.640.82-0.96-0.250.560.820.830.50.390.640.410.50.390.41-0.91-0.38
0.370.710.990.120.81-0.34-0.94-0.080.370.370.95-0.67-0.490.290.680.860.110.330.37-0.110.130.33-0.11-0.73-0.9
0.30.710.990.060.76-0.28-0.91-0.140.310.310.94-0.69-0.40.230.630.880.050.410.3-0.170.060.41-0.17-0.7-0.89
0.970.490.120.060.63-0.97-0.350.550.970.970.24-0.4-0.580.960.740.061.0-0.090.970.881.0-0.090.88-0.580.03
0.790.730.810.760.63-0.78-0.940.240.790.790.82-0.63-0.80.690.950.630.610.160.790.410.630.160.41-0.8-0.68
-1.0-0.62-0.34-0.28-0.97-0.780.55-0.51-1.0-1.0-0.440.530.66-0.97-0.86-0.24-0.970.01-1.0-0.81-0.970.01-0.810.710.18
-0.56-0.76-0.94-0.91-0.35-0.940.55-0.15-0.57-0.57-0.920.680.67-0.44-0.87-0.8-0.34-0.24-0.56-0.18-0.35-0.24-0.180.80.78
0.490.4-0.08-0.140.550.24-0.51-0.150.50.5-0.01-0.33-0.210.370.430.030.56-0.310.490.830.56-0.310.83-0.550.35
1.00.640.370.310.970.79-1.0-0.570.51.00.45-0.56-0.650.970.860.260.960.021.00.80.970.020.8-0.73-0.21
1.00.640.370.310.970.79-1.0-0.570.51.00.45-0.56-0.650.970.860.260.960.021.00.80.970.020.8-0.73-0.21
0.450.820.950.940.240.82-0.44-0.92-0.010.450.45-0.73-0.480.380.780.950.230.290.450.00.240.290.0-0.78-0.73
-0.56-0.96-0.67-0.69-0.4-0.630.530.68-0.33-0.56-0.56-0.730.06-0.49-0.68-0.75-0.42-0.59-0.55-0.35-0.41-0.59-0.350.830.4
-0.65-0.25-0.49-0.4-0.58-0.80.660.67-0.21-0.65-0.65-0.480.06-0.57-0.73-0.23-0.550.38-0.65-0.38-0.570.38-0.380.480.48
0.970.560.290.230.960.69-0.97-0.440.370.970.970.38-0.49-0.570.750.180.960.010.970.720.960.010.72-0.64-0.17
0.850.820.680.630.740.95-0.86-0.870.430.860.860.78-0.68-0.730.750.640.730.090.850.60.740.090.6-0.85-0.43
0.260.830.860.880.060.63-0.24-0.80.030.260.260.95-0.75-0.230.180.640.050.310.25-0.090.060.31-0.09-0.74-0.58
0.960.50.110.051.00.61-0.97-0.340.560.960.960.23-0.42-0.550.960.730.05-0.080.960.891.0-0.080.89-0.580.05
0.020.390.330.41-0.090.160.01-0.24-0.310.020.020.29-0.590.380.010.090.31-0.080.02-0.14-0.091.0-0.14-0.08-0.33
1.00.640.370.30.970.79-1.0-0.560.491.01.00.45-0.55-0.650.970.850.250.960.020.790.970.020.79-0.72-0.21
0.790.41-0.11-0.170.880.41-0.81-0.180.830.80.80.0-0.35-0.380.720.6-0.090.89-0.140.790.88-0.141.0-0.480.32
0.970.50.130.061.00.63-0.97-0.350.560.970.970.24-0.41-0.570.960.740.061.0-0.090.970.88-0.090.88-0.580.03
0.020.390.330.41-0.090.160.01-0.24-0.310.020.020.29-0.590.380.010.090.31-0.081.00.02-0.14-0.09-0.14-0.08-0.33
0.790.41-0.11-0.170.880.41-0.81-0.180.830.80.80.0-0.35-0.380.720.6-0.090.89-0.140.791.00.88-0.14-0.480.32
-0.73-0.91-0.73-0.7-0.58-0.80.710.8-0.55-0.73-0.73-0.780.830.48-0.64-0.85-0.74-0.58-0.08-0.72-0.48-0.58-0.08-0.480.45
-0.21-0.38-0.9-0.890.03-0.680.180.780.35-0.21-0.21-0.730.40.48-0.17-0.43-0.580.05-0.33-0.210.320.03-0.330.320.45
Click cells to compare fundamentals

Virpax Pharmaceuticals Account Relationship Matchups

Virpax Pharmaceuticals fundamental ratios Accounts

201920202021202220232024 (projected)
Total Assets46.7K465.4K39.6M19.7M9.6M12.7M
Other Current Liab1.5M3.1M2.1M3.1M7.7M8.1M
Total Current Liabilities2.8M3.7M2.1M3.1M7.7M8.1M
Total Stockholder Equity(2.7M)(4.2M)37.5M16.6M1.9M1.8M
Net Debt1.2M1.5M(36.8M)(19.0M)(9.1M)(9.6M)
Retained Earnings(6.3M)(10.6M)(22.7M)(44.4M)(59.5M)(56.6M)
Accounts Payable3.522.1K19.8K37.6K18.4617.54
Cash41.5K54.8K36.8M19.0M9.1M11.9M
Cash And Short Term Investments41.5K54.8K36.8M19.0M9.1M11.9M
Common Stock Shares Outstanding521.5K494.5K1.2M1.2M1.2M1.3M
Liabilities And Stockholders Equity46.7K465.4K39.6M19.7M9.6M12.7M
Other Current Assets467.018.3K2.7M678.4K486.8K720.0K
Other Stockholder Equity3.6M6.4M60.2M60.9M61.5M35.6M
Total Liab2.8M4.7M2.1M3.1M7.7M4.0M
Net Invested Capital(1.5M)(2.7M)37.5M16.6M1.9M1.8M
Total Current Assets46.7K73.1K39.6M19.7M9.6M12.7M
Net Working Capital(2.7M)(3.6M)37.5M16.6M1.9M1.8M

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