VirTra Change Receivables vs Sale Purchase Of Stock Analysis

VTSI Stock  USD 5.74  0.17  3.05%   
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 Change Receivables and its Sale Purchase Of Stock 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 housing.

Change Receivables vs Sale Purchase Of Stock

Change Receivables vs Sale Purchase Of Stock Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of VirTra Inc Change Receivables account and Sale Purchase Of Stock. At this time, the significance of the direction appears to have fragmental relationship.
The correlation between VirTra's Change Receivables and Sale Purchase Of Stock is 0.43. Overlapping area represents the amount of variation of Change Receivables that can explain the historical movement of Sale Purchase Of Stock 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 Change Receivables and Sale Purchase Of Stock is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Change Receivables of VirTra Inc are associated (or correlated) with its Sale Purchase Of Stock. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Sale Purchase Of Stock has no effect on the direction of Change Receivables i.e., VirTra's Change Receivables and Sale Purchase Of Stock go up and down completely randomly.

Correlation Coefficient

0.43
Relationship DirectionPositive 
Relationship StrengthWeak

Change Receivables

The difference in the amount of accounts receivable from one accounting period to the next. A positive number indicates an increase in receivables, while a negative number indicates a decrease.

Sale Purchase Of Stock

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 housing.
The VirTra's current Selling General Administrative is estimated to increase to about 15.1 M. The VirTra's current Tax Provision is estimated to increase to about 931.6 K
 2023 2024 2025 (projected)
Total Revenue38.0M26.4M27.7M
Depreciation And Amortization1.4M1.4M1.5M

VirTra fundamental ratios Correlations

0.950.710.851.00.98-0.860.920.750.970.990.450.990.910.580.970.950.981.00.27-0.580.970.950.880.96-0.61
0.950.750.810.940.98-0.710.830.720.960.960.370.930.810.560.990.930.960.940.37-0.510.980.860.950.96-0.53
0.710.750.830.670.69-0.590.550.770.780.680.720.720.650.60.760.710.790.730.28-0.350.690.660.770.71-0.38
0.850.810.830.810.8-0.760.750.880.810.820.720.840.910.670.840.780.910.860.26-0.530.770.850.820.83-0.56
1.00.940.670.810.97-0.880.930.720.960.990.40.990.890.560.960.950.960.990.25-0.580.970.940.850.94-0.61
0.980.980.690.80.97-0.780.870.730.950.990.380.960.850.560.980.950.960.970.31-0.491.00.880.920.95-0.52
-0.86-0.71-0.59-0.76-0.88-0.78-0.84-0.65-0.85-0.81-0.5-0.9-0.83-0.52-0.75-0.8-0.81-0.88-0.070.47-0.78-0.9-0.61-0.710.5
0.920.830.550.750.930.87-0.840.720.860.910.40.920.860.290.860.770.880.920.21-0.730.870.890.780.88-0.74
0.750.720.770.880.720.73-0.650.720.690.740.840.730.840.390.730.630.810.760.22-0.480.690.670.780.72-0.48
0.970.960.780.810.960.95-0.850.860.690.950.40.970.810.590.960.950.950.970.27-0.530.960.910.880.92-0.56
0.990.960.680.820.990.99-0.810.910.740.950.390.980.880.570.980.950.970.980.3-0.590.980.920.890.96-0.61
0.450.370.720.720.40.38-0.50.40.840.40.390.450.640.30.410.350.540.470.1-0.180.340.460.410.37-0.18
0.990.930.720.840.990.96-0.90.920.730.970.980.450.890.590.950.940.960.990.25-0.580.960.950.850.93-0.61
0.910.810.650.910.890.85-0.830.860.840.810.880.640.890.540.850.810.930.920.21-0.560.820.910.730.85-0.59
0.580.560.60.670.560.56-0.520.290.390.590.570.30.590.540.580.740.60.580.13-0.10.550.570.520.55-0.17
0.970.990.760.840.960.98-0.750.860.730.960.980.410.950.850.580.940.980.970.36-0.540.980.90.930.98-0.57
0.950.930.710.780.950.95-0.80.770.630.950.950.350.940.810.740.940.930.940.24-0.40.960.880.830.89-0.45
0.980.960.790.910.960.96-0.810.880.810.950.970.540.960.930.60.980.930.980.32-0.560.950.940.90.96-0.59
1.00.940.730.860.990.97-0.880.920.760.970.980.470.990.920.580.970.940.980.26-0.580.970.960.860.95-0.61
0.270.370.280.260.250.31-0.070.210.220.270.30.10.250.210.130.360.240.320.260.140.310.220.360.370.14
-0.58-0.51-0.35-0.53-0.58-0.490.47-0.73-0.48-0.53-0.59-0.18-0.58-0.56-0.1-0.54-0.4-0.56-0.580.14-0.5-0.58-0.53-0.631.0
0.970.980.690.770.971.0-0.780.870.690.960.980.340.960.820.550.980.960.950.970.31-0.50.890.910.95-0.52
0.950.860.660.850.940.88-0.90.890.670.910.920.460.950.910.570.90.880.940.960.22-0.580.890.740.88-0.62
0.880.950.770.820.850.92-0.610.780.780.880.890.410.850.730.520.930.830.90.860.36-0.530.910.740.92-0.54
0.960.960.710.830.940.95-0.710.880.720.920.960.370.930.850.550.980.890.960.950.37-0.630.950.880.92-0.65
-0.61-0.53-0.38-0.56-0.61-0.520.5-0.74-0.48-0.56-0.61-0.18-0.61-0.59-0.17-0.57-0.45-0.59-0.610.141.0-0.52-0.62-0.54-0.65
Click cells to compare fundamentals

VirTra Account Relationship Matchups

VirTra fundamental ratios Accounts

202020212022202320242025 (projected)
Total Assets22.8M49.6M53.8M69.6M65.5M68.7M
Short Long Term Debt Total1.5M2.5M9.6M8.8M8.3M8.7M
Other Current Liab1.3M5.1M2.1M6.2M1.9M1.6M
Total Current Liabilities7.3M7.6M9.8M15.8M9.6M5.3M
Total Stockholder Equity11.7M31.2M33.7M42.6M45.7M48.0M
Property Plant And Equipment Net2.5M13.6M16.5M16.2M16.6M17.5M
Net Debt57.0K(4.3M)(3.9M)(10.1M)(9.8M)(9.3M)
Retained Earnings(2.2M)304.2K2.3M10.7M12.8M13.4M
Accounts Payable345.6K789.4K1.3M2.3M957.4K777.0K
Cash6.8M19.7M13.5M18.8M18.0M18.9M
Non Current Assets Total5.2M16.1M19.7M20.6M21.0M22.0M
Non Currrent Assets Other500.1K189.7K412.2K567.5B183.9K174.7K
Cash And Short Term Investments3.3M6.8M13.5M18.8M18.0M18.9M
Net Receivables6.8M3.9M10.5M16.8M10.6M11.1M
Common Stock Shares Outstanding7.8M10.8M10.9M11.0M11.2M7.0M
Liabilities And Stockholders Equity17.5M22.8M53.8M69.6M65.5M68.7M
Non Current Liabilities Total3.8M10.8M10.4M11.3M10.1M10.6M
Other Stockholder Equity13.9M13.9M31.4M32.0M32.9M34.6M
Total Liab11.1M18.3M20.1M27.0M19.8M20.8M
Total Current Assets17.5M33.5M34.1M49.0M44.5M46.7M
Short Term Debt594.5K587.8K790.2K544.2K423.2K402.0K
Common Stock778.01.1K1.1K1.1K1.1K1.1K
Property Plant Equipment678.2K2.4M2.5M13.6M15.7M16.5M
Current Deferred Revenue2.5M4.7M4.3M6.7M6.4M6.7M
Intangible Assets271.0K535.1K587.8K567.5K558.7K530.7K
Property Plant And Equipment Gross2.5M16.8M20.5M21.1M22.7M23.8M
Other Assets2.5M2.5M1.9M1.0973.6K1.1M
Inventory3.5M5.0M9.6M12.4M14.6M15.3M
Other Current Assets382.4K940.9K531.1K906.8K1.3M1.3M
Other Liab1.0M1.7M1.9M2.0M2.3M2.4M
Net Tangible Assets10.6M10.0M11.4M30.7M35.3M37.1M

Currently Active Assets on Macroaxis

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 housing.
You can also try the Pair Correlation module to compare performance and examine fundamental relationship between any two equity instruments.
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.
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.