VirTra Capital Expenditures vs Depreciation Analysis
VTSI Stock | USD 7.71 0.25 3.35% |
VirTra financial indicator trend analysis is much more than just breaking down VirTra Inc prevalent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether VirTra Inc is a good investment. Please check the relationship between VirTra Capital Expenditures and its Depreciation accounts. Check out World Market Map to better understand how to build diversified portfolios, which includes a position in VirTra Inc. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in state.
Capital Expenditures vs Depreciation
Capital Expenditures vs Depreciation Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of VirTra Inc Capital Expenditures account and Depreciation. At this time, the significance of the direction appears to have strong relationship.
The correlation between VirTra's Capital Expenditures and Depreciation is 0.68. Overlapping area represents the amount of variation of Capital Expenditures that can explain the historical movement of Depreciation in the same time period over historical financial statements of VirTra Inc, assuming nothing else is changed. The correlation between historical values of VirTra's Capital Expenditures and Depreciation is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Capital Expenditures of VirTra Inc are associated (or correlated) with its Depreciation. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Depreciation has no effect on the direction of Capital Expenditures i.e., VirTra's Capital Expenditures and Depreciation go up and down completely randomly.
Correlation Coefficient | 0.68 |
Relationship Direction | Positive |
Relationship Strength | Significant |
Capital Expenditures
Capital Expenditures are funds used by VirTra Inc to acquire physical assets such as property, industrial buildings or equipment. This type of outlay is used by management to increase the scope of VirTra operations. These expenditures can include everything from repairing an office equipment, building a brand new facility, or writing new software.Depreciation
Depreciation indicates how much of VirTra Inc value has been used up. For tax purposes VirTra can deduct the cost of the tangible assets it purchases as business expenses. However, VirTra Inc must depreciate these assets in accordance with IRS rules about how and when the deduction may be taken, and how long it will last. The systematic allocation of the cost of a tangible asset over its useful life.Most indicators from VirTra's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into VirTra Inc 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 VirTra Inc. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in state. As of now, VirTra's Enterprise Value Multiple is increasing as compared to previous years. The VirTra's current Enterprise Value is estimated to increase to about 98.4 M, while Issuance Of Capital Stock is projected to decrease to 0.00.
2021 | 2023 | 2024 (projected) | Total Revenue | 24.4M | 38.0M | 39.9M | Depreciation And Amortization | 1.3M | 928.5K | 469.0K |
VirTra fundamental ratios Correlations
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VirTra Account Relationship Matchups
High Positive Relationship
High Negative Relationship
VirTra fundamental ratios Accounts
2019 | 2020 | 2021 | 2022 | 2023 | 2024 (projected) | ||
Total Assets | 17.5M | 22.8M | 49.6M | 53.8M | 69.6M | 73.1M | |
Short Long Term Debt Total | 11.3K | 1.5M | 2.5M | 9.6M | 8.8M | 9.2M | |
Other Current Liab | 946.2K | 1.3M | 5.1M | 2.1M | 6.2M | 6.5M | |
Total Current Liabilities | 4.4M | 7.3M | 7.6M | 9.8M | 15.8M | 16.5M | |
Total Stockholder Equity | 10.2M | 11.7M | 31.2M | 33.7M | 42.6M | 44.8M | |
Property Plant And Equipment Net | 2.4M | 2.5M | 13.6M | 16.5M | 16.2M | 17.0M | |
Net Debt | (2.5M) | 57.0K | (4.3M) | (3.9M) | (10.1M) | (9.6M) | |
Retained Earnings | (3.7M) | (2.2M) | 304.2K | 2.3M | 10.7M | 11.2M | |
Accounts Payable | 621.1K | 345.6K | 789.4K | 1.3M | 2.3M | 2.4M | |
Cash | 1.4M | 6.8M | 19.7M | 13.5M | 18.8M | 19.8M | |
Non Current Assets Total | 5.9M | 5.2M | 16.1M | 19.7M | 20.6M | 21.7M | |
Non Currrent Assets Other | 662.1K | 500.1K | 189.7K | 412.2K | 237.4K | 127.2K | |
Cash And Short Term Investments | 6.0M | 3.3M | 6.8M | 13.5M | 18.8M | 19.8M | |
Net Receivables | 5.9M | 6.8M | 3.9M | 10.5M | 16.8M | 17.7M | |
Common Stock Shares Outstanding | 7.7M | 7.8M | 10.8M | 10.9M | 11.0M | 6.9M | |
Liabilities And Stockholders Equity | 15.2M | 17.5M | 22.8M | 53.8M | 69.6M | 73.1M | |
Non Current Liabilities Total | 2.9M | 3.8M | 10.8M | 10.4M | 11.3M | 11.8M | |
Other Stockholder Equity | 16.2M | 13.9M | 13.9M | 31.4M | 32.0M | 33.6M | |
Total Liab | 7.3M | 11.1M | 18.3M | 20.1M | 27.0M | 28.4M | |
Total Current Assets | 11.5M | 17.5M | 33.5M | 34.1M | 49.0M | 51.4M | |
Common Stock | 775.0 | 778.0 | 1.1K | 1.1K | 1.1K | 1.1K | |
Property Plant Equipment | 678.2K | 2.4M | 2.5M | 13.6M | 15.7M | 16.5M | |
Current Deferred Revenue | 1.9M | 2.5M | 4.7M | 4.3M | 6.7M | 7.1M | |
Common Stock Total Equity | 793.0 | 783.0 | 775.0 | 778.0 | 700.2 | 665.19 | |
Property Plant And Equipment Gross | 2.4M | 2.5M | 16.8M | 20.5M | 23.5M | 24.7M | |
Other Assets | 2.5M | 2.5M | 1.9M | 1.0 | 1.15 | 1.09 | |
Inventory | 1.9M | 3.5M | 5.0M | 9.6M | 12.4M | 13.0M | |
Other Current Assets | 354.0K | 382.4K | 940.9K | 531.1K | 906.8K | 952.1K | |
Other Liab | 1.0M | 1.7M | 1.9M | 2.0M | 2.3M | 2.4M | |
Net Tangible Assets | 10.6M | 10.0M | 11.4M | 30.7M | 35.3M | 37.1M | |
Capital Surpluse | 15.0M | 14.3M | 13.9M | 13.9M | 16.0M | 15.5M |
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When determining whether VirTra Inc offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of VirTra's financial statements, including income statements, balance sheets, and cash flow statements, to assess its financial health. Key financial ratios are used to gauge profitability, efficiency, and growth potential of Virtra Inc Stock. Outlined below are crucial reports that will aid in making a well-informed decision on Virtra Inc Stock:Check out World Market Map to better understand how to build diversified portfolios, which includes a position in VirTra Inc. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in state. You can also try the Fundamentals Comparison module to compare fundamentals across multiple equities to find investing opportunities.
Is Aerospace & Defense space expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of VirTra. If investors know VirTra will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about VirTra listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Quarterly Earnings Growth (0.67) | Earnings Share 0.53 | Revenue Per Share 2.888 | Quarterly Revenue Growth (0.01) | Return On Assets 0.0543 |
The market value of VirTra Inc is measured differently than its book value, which is the value of VirTra that is recorded on the company's balance sheet. Investors also form their own opinion of VirTra's value that differs from its market value or its book value, called intrinsic value, which is VirTra's true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because VirTra's market value can be influenced by many factors that don't directly affect VirTra's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between VirTra's value and its price as these two are different measures arrived at by different means. Investors typically determine if VirTra is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, VirTra's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.