Virpax Retained Earnings vs Accounts Payable Analysis

VRPX Stock  USD 0.57  0.02  3.39%   
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 Retained Earnings and its Accounts Payable 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.

Retained Earnings vs Accounts Payable

Retained Earnings vs Accounts Payable Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Virpax Pharmaceuticals Retained Earnings account and Accounts Payable. At this time, the significance of the direction appears to have weak contrarian relationship.
The correlation between Virpax Pharmaceuticals' Retained Earnings and Accounts Payable is -0.15. Overlapping area represents the amount of variation of Retained Earnings that can explain the historical movement of Accounts Payable 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' Retained Earnings and Accounts Payable is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Retained Earnings of Virpax Pharmaceuticals are associated (or correlated) with its Accounts Payable. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Accounts Payable has no effect on the direction of Retained Earnings i.e., Virpax Pharmaceuticals' Retained Earnings and Accounts Payable go up and down completely randomly.

Correlation Coefficient

-0.15
Relationship DirectionNegative 
Relationship StrengthInsignificant

Retained Earnings

The cumulative amount of net income that a company retains for reinvestment in its operations, rather than distributing it to shareholders as dividends.

Accounts Payable

An accounting item on the balance sheet that represents Virpax Pharmaceuticals obligation to pay off a short-term debt to its creditors. The accounts payable entry is usually reported under current liabilities. If accounts payable of Virpax Pharmaceuticals are not paid within the agreed terms, the payables are considered to be in default, which may trigger a penalty or interest payment, or the revocation of additional credit from the supplier. Accounts payable may also be considered a source of cash, since they represent funds being borrowed from suppliers. Given these cash flow considerations, suppliers have a natural inclination to push for shorter payment terms, while creditors want to lengthen the payment terms. The amount a company owes to suppliers or vendors for products or services received but not yet paid for. It represents the company's short-term liabilities.
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 2.27 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
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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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