Virpax Interest Expense vs Operating Income Analysis
VRPX Stock | USD 0.46 0.02 4.17% |
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 Interest Expense and its Operating Income 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.
Interest Expense vs Operating Income
Interest Expense vs Operating Income Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Virpax Pharmaceuticals Interest Expense account and Operating Income. At this time, the significance of the direction appears to have pay attention.
The correlation between Virpax Pharmaceuticals' Interest Expense and Operating Income is -0.79. Overlapping area represents the amount of variation of Interest Expense that can explain the historical movement of Operating Income 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' Interest Expense and Operating Income is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Interest Expense of Virpax Pharmaceuticals are associated (or correlated) with its Operating Income. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Operating Income has no effect on the direction of Interest Expense i.e., Virpax Pharmaceuticals' Interest Expense and Operating Income go up and down completely randomly.
Correlation Coefficient | -0.79 |
Relationship Direction | Negative |
Relationship Strength | Weak |
Interest Expense
The cost incurred by an entity for borrowed funds, including loans, bonds, or lines of credit.Operating Income
Operating Income is the amount of profit realized from Virpax Pharmaceuticals operations after accounting for operating expenses such as cost of goods sold (COGS), wages and depreciation. Operating income takes the gross income and subtracts other operating expenses and then removes depreciation. Operating Income of Virpax Pharmaceuticals is typically a synonym for earnings before interest and taxes (EBIT) and is also commonly referred to as operating profit or recurring profit. Earnings before interest and taxes (EBIT), representing the amount of profit a company generates from its operations.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
Click cells to compare fundamentals
Virpax Pharmaceuticals Account Relationship Matchups
High Positive Relationship
High Negative Relationship
Virpax Pharmaceuticals fundamental ratios Accounts
2019 | 2020 | 2021 | 2022 | 2023 | 2024 (projected) | ||
Total Assets | 46.7K | 465.4K | 39.6M | 19.7M | 9.6M | 12.7M | |
Other Current Liab | 1.5M | 3.1M | 2.1M | 3.1M | 7.7M | 8.1M | |
Total Current Liabilities | 2.8M | 3.7M | 2.1M | 3.1M | 7.7M | 8.1M | |
Total Stockholder Equity | (2.7M) | (4.2M) | 37.5M | 16.6M | 1.9M | 1.8M | |
Net Debt | 1.2M | 1.5M | (36.8M) | (19.0M) | (9.1M) | (9.6M) | |
Retained Earnings | (6.3M) | (10.6M) | (22.7M) | (44.4M) | (59.5M) | (56.6M) | |
Accounts Payable | 3.5 | 22.1K | 19.8K | 37.6K | 18.46 | 17.54 | |
Cash | 41.5K | 54.8K | 36.8M | 19.0M | 9.1M | 11.9M | |
Cash And Short Term Investments | 41.5K | 54.8K | 36.8M | 19.0M | 9.1M | 11.9M | |
Common Stock Shares Outstanding | 521.5K | 494.5K | 1.2M | 1.2M | 1.2M | 1.3M | |
Liabilities And Stockholders Equity | 46.7K | 465.4K | 39.6M | 19.7M | 9.6M | 12.7M | |
Other Current Assets | 467.0 | 18.3K | 2.7M | 678.4K | 486.8K | 720.0K | |
Other Stockholder Equity | 3.6M | 6.4M | 60.2M | 60.9M | 61.5M | 35.6M | |
Total Liab | 2.8M | 4.7M | 2.1M | 3.1M | 7.7M | 4.0M | |
Net Invested Capital | (1.5M) | (2.7M) | 37.5M | 16.6M | 1.9M | 1.8M | |
Total Current Assets | 46.7K | 73.1K | 39.6M | 19.7M | 9.6M | 12.7M | |
Net Working Capital | (2.7M) | (3.6M) | 37.5M | 16.6M | 1.9M | 1.8M |
Also Currently Popular
Analyzing currently trending equities could be an opportunity to develop a better portfolio based on different market momentums that they can trigger. Utilizing the top trending stocks is also useful when creating a market-neutral strategy or pair trading technique involving a short or a long position in a currently trending equity.Additional Tools for Virpax Stock Analysis
When running Virpax Pharmaceuticals' price analysis, check to measure Virpax Pharmaceuticals' 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 Virpax Pharmaceuticals is operating at the current time. Most of Virpax Pharmaceuticals' value examination focuses on studying past and present price action to predict the probability of Virpax Pharmaceuticals' future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Virpax Pharmaceuticals' price. Additionally, you may evaluate how the addition of Virpax Pharmaceuticals to your portfolios can decrease your overall portfolio volatility.