Vendetta Accounts Payable vs Cash Analysis
VTT Stock | CAD 0.01 0.00 0.00% |
Vendetta Mining financial indicator trend analysis is much more than just breaking down Vendetta Mining Corp prevalent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Vendetta Mining Corp is a good investment. Please check the relationship between Vendetta Mining Accounts Payable and its Cash accounts. Check out World Market Map to better understand how to build diversified portfolios, which includes a position in Vendetta Mining Corp. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in board of governors.
Accounts Payable vs Cash
Accounts Payable vs Cash Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Vendetta Mining Corp Accounts Payable account and Cash. At this time, the significance of the direction appears to have strong relationship.
The correlation between Vendetta Mining's Accounts Payable and Cash is 0.62. Overlapping area represents the amount of variation of Accounts Payable that can explain the historical movement of Cash in the same time period over historical financial statements of Vendetta Mining Corp, assuming nothing else is changed. The correlation between historical values of Vendetta Mining's Accounts Payable 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 Accounts Payable of Vendetta Mining Corp 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 Accounts Payable i.e., Vendetta Mining's Accounts Payable and Cash go up and down completely randomly.
Correlation Coefficient | 0.62 |
Relationship Direction | Positive |
Relationship Strength | Significant |
Accounts Payable
An accounting item on the balance sheet that represents Vendetta Mining 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 Vendetta Mining Corp 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.Cash
Cash refers to the most liquid asset of Vendetta Mining Corp, which is listed under current asset account on Vendetta Mining Corp balance sheet and usually includes currency, coins, checking accounts, and not deposited checks received from Vendetta Mining customers. The amounts must be unrestricted with restricted cash listed in a different Vendetta Mining 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 Vendetta Mining's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Vendetta Mining Corp 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 Vendetta Mining Corp. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in board of governors. Enterprise Value is likely to climb to about 9 M in 2024, whereas Selling General Administrative is likely to drop slightly above 156.1 K in 2024.
Vendetta Mining fundamental ratios Correlations
Click cells to compare fundamentals
Vendetta Mining Account Relationship Matchups
High Positive Relationship
High Negative Relationship
Vendetta Mining fundamental ratios Accounts
2019 | 2020 | 2021 | 2022 | 2023 | 2024 (projected) | ||
Total Assets | 6.2M | 6.3M | 7.7M | 6.4M | 6.1M | 3.8M | |
Total Current Liabilities | 4.1M | 3.2M | 444.5K | 502.1K | 882.1K | 903.8K | |
Total Stockholder Equity | 2.1M | 3.1M | 7.2M | 5.9M | 5.2M | 2.7M | |
Property Plant And Equipment Net | 6.0M | 6.0M | 6.0M | 6.1M | 6.0M | 6.3M | |
Net Debt | 3.4M | 2.3M | (1.5M) | (216.5K) | (249.0K) | (236.6K) | |
Retained Earnings | (18.6M) | (19.3M) | (20.9M) | (23.3M) | (24.0M) | (22.8M) | |
Cash | 157.3K | 253.4K | 1.5M | 285.6K | 18.3K | 17.4K | |
Non Current Assets Total | 6.0M | 6.0M | 6.0M | 6.1M | 6.0M | 6.3M | |
Cash And Short Term Investments | 157.3K | 253.4K | 1.5M | 285.6K | 328.4K | 312.0K | |
Net Receivables | 2.4K | 41.8K | 107.6K | 19.7K | 22.1K | 39.8K | |
Liabilities And Stockholders Equity | 6.2M | 6.3M | 7.7M | 6.4M | 7.4M | 7.7M | |
Other Stockholder Equity | 201K | 129.4K | 222K | 6K | 5.4K | 5.1K | |
Total Liab | 4.1M | 3.2M | 444.5K | 536.8K | 882.1K | 1.1M | |
Total Current Assets | 181.0K | 298.9K | 1.6M | 335.5K | 50.6K | 48.1K | |
Accumulated Other Comprehensive Income | 1.3M | 1.6M | 1.6M | 1.6M | 1.8M | 943.7K | |
Common Stock Shares Outstanding | 173.3M | 204.9M | 247.1M | 306.3M | 323.2M | 339.3M | |
Accounts Payable | 366.45 | 357.83 | 270.21 | 94.47 | 85.02 | 80.77 | |
Other Current Assets | 21.3K | 3.8K | 21.0K | 30.1K | 27.1K | 21.7K | |
Common Stock | 19.0M | 20.7M | 26.2M | 27.6M | 31.7M | 33.3M | |
Other Current Liab | 537.6K | 592.7K | 444.2K | 467.7K | 537.9K | 406.4K | |
Net Tangible Assets | 2.1M | 3.1M | 7.2M | 5.9M | 6.8M | 7.1M | |
Property Plant Equipment | 6.0M | 6.0M | 6.0M | 6.1M | 7.0M | 3.8M | |
Net Invested Capital | 5.7M | 5.7M | 7.2M | 5.9M | 5.2M | 5.8M | |
Net Working Capital | (3.9M) | (2.9M) | 1.2M | (166.6K) | (831.4K) | (789.8K) | |
Capital Stock | 19.0M | 20.7M | 26.2M | 27.6M | 31.7M | 25.3M |
Thematic Opportunities
Explore Investment Opportunities
Additional Tools for Vendetta Stock Analysis
When running Vendetta Mining's price analysis, check to measure Vendetta Mining's 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 Vendetta Mining is operating at the current time. Most of Vendetta Mining's value examination focuses on studying past and present price action to predict the probability of Vendetta Mining's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Vendetta Mining's price. Additionally, you may evaluate how the addition of Vendetta Mining to your portfolios can decrease your overall portfolio volatility.