VersaBank Historical Balance Sheet

VBNK Stock

23.70 0.16 0.67%

Trend analysis of VersaBank balance sheet accounts such as Total Assets of 5.1 B, Short Long Term Debt Total of 67.1 M, Total Current Liabilities of 10.6 M or Total Stockholder Equity of 238.8 M provides information on VersaBank's total assets, liabilities, and equity, which is the actual value of VersaBank to its prevalent stockholders. By breaking down trends over time using VersaBank balance sheet statements, investors will see what precisely the company owns and what it owes to creditors or other parties at the end of each accounting year.

Cash Flow Balance Sheet Income Statement

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Financial Statement Analysis is much more than just reviewing and examining VersaBank latest accounting reports to predict its past. Macroaxis encourages investors to analyze financial statements over time for various trends across multiple indicators and accounts to determine whether VersaBank is a good buy for the upcoming year.

VersaBank Inventory

(148.16 Million)

Check out World Market Map to better understand how to build diversified portfolios, which includes a position in VersaBank. 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.

To learn how to invest in VersaBank Stock, please use our How to Invest in VersaBank guide.

About VersaBank Balance Sheet Analysis

Balance Sheet is a snapshot of the financial position of VersaBank at a specified time, usually calculated after every quarter, six months, or one year. VersaBank Balance Sheet has two main parts: assets and liabilities. Liabilities are the debts or obligations of VersaBank and are divided into current liabilities and long term liabilities. An asset, on the other hand, is anything of value that can be converted into cash and which VersaBank currently owns. An asset can also be divided into two categories, current and non-current.

VersaBank Balance Sheet Chart

At this time, VersaBank's Net Receivables is very stable compared to the past year. As of the 22nd of November 2024, Liabilities And Stockholders Equity is likely to grow to about 5.1 B, while Short and Long Term Debt Total is likely to drop about 67.1 M.

Total Assets Short Long Term Debt Total Total Current Liabilities Total Stockholder Equity

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Total Assets

Total assets refers to the total amount of VersaBank assets owned. Assets are items that have some economic value and are expended over time to create a benefit for the owner. These assets are usually recorded in VersaBank books under different categories such as cash, marketable securities, accounts receivable,prepaid expenses, inventory, fixed assets, intangible assets, other assets, marketable securities, accounts receivable, prepaid expenses and others. The total value of all owned resources that are expected to provide future economic benefits to the business, including cash, investments, accounts receivable, inventory, property, plant, equipment, and intangible assets.

Total Current Liabilities

Total Current Liabilities is an item on VersaBank balance sheet that include short term debt, accounts payable, accrued salaries payable, payroll taxes payable, accrued liabilities and other debts. Total Current Liabilities of VersaBank are important to investors because some useful performance ratios such as Current Ratio and Quick Ratio require Total Current Liabilities to be accurate. The total amount of liabilities that a company is expected to pay within one year, including debts, accounts payable, and other short-term financial obligations.

Total Stockholder Equity

The total equity held by shareholders, calculated as the difference between a company's total assets and total liabilities. It represents the net value of the company owned by shareholders.

Most accounts from VersaBank's balance sheet are interrelated and interconnected. However, analyzing balance sheet accounts one by one will only give a small insight into VersaBank current financial condition. On the other hand, looking into the entire matrix of balance sheet accounts, 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 VersaBank. 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.

To learn how to invest in VersaBank Stock, please use our How to Invest in VersaBank guide.At this time, VersaBank's Net Receivables is very stable compared to the past year. As of the 22nd of November 2024, Liabilities And Stockholders Equity is likely to grow to about 5.1 B, while Short and Long Term Debt Total is likely to drop about 67.1 M.

	2021	2022	2023	2024 (projected)
Short and Long Term Debt Total	105.0M	110.6M	127.2M	67.1M
Total Assets	3.3B	4.2B	4.8B	5.1B

Short Long Term Debt Total Total Assets

VersaBank balance sheet Correlations

	Total Assets	Short Long Term Debt Total	Other Current Liab	Total Current Liabilities	Total Stockholder Equity	Property Plant And Equipment Net	Net Debt	Retained Earnings	Accounts Payable	Cash	Non Current Assets Total	Non Currrent Assets Other	Other Assets	Cash And Short Term Investments	Net Receivables	Common Stock Shares Outstanding	Non Current Liabilities Total	Other Stockholder Equity	Total Liab	Total Current Assets	Common Stock	Long Term Debt	Long Term Debt Total	Capital Surpluse	Property Plant Equipment	Earning Assets
Total Assets		0.7	0.4	-0.39	0.75	0.61	0.54	0.95	-0.39	-0.04	0.78	0.28	1.0	-0.04	0.99	0.8	0.23	-0.28	1.0	0.05	0.75	0.11	0.79	0.96	0.73	-0.45
Short Long Term Debt Total	0.7		0.43	-0.42	0.73	0.5	0.59	0.62	-0.42	-0.15	0.58	0.06	0.7	-0.15	0.73	0.72	0.38	-0.22	0.7	-0.05	0.83	0.36	0.97	0.72	0.55	-0.6
Other Current Liab	0.4	0.43		-1.0	-0.05	-0.18	0.53	0.16	-1.0	-0.32	0.81	-0.52	0.38	-0.32	0.45	0.09	0.25	0.39	0.43	-0.28	0.05	0.03	0.39	0.56	-0.12	-0.5
Total Current Liabilities	-0.39	-0.42	-1.0		0.05	0.19	-0.52	-0.15	1.0	0.32	-0.8	0.53	-0.37	0.32	-0.44	-0.08	-0.25	-0.39	-0.42	0.29	-0.04	-0.03	-0.38	-0.56	0.13	0.5
Total Stockholder Equity	0.75	0.73	-0.05	0.05		0.89	0.3	0.86	0.05	0.06	0.33	0.42	0.76	0.06	0.74	0.95	0.36	-0.56	0.73	0.15	0.95	0.18	0.84	0.69	0.92	-0.25
Property Plant And Equipment Net	0.61	0.5	-0.18	0.19	0.89		-0.03	0.8	0.19	0.36	0.22	0.3	0.61	0.36	0.56	0.79	0.36	-0.4	0.58	0.41	0.83	0.27	0.66	0.52	0.98	-0.15
Net Debt	0.54	0.59	0.53	-0.52	0.3	-0.03		0.37	-0.52	-0.82	0.57	-0.12	0.56	-0.82	0.59	0.49	0.46	-0.17	0.55	-0.77	0.39	0.23	0.56	0.67	0.07	-0.27
Retained Earnings	0.95	0.62	0.16	-0.15	0.86	0.8	0.37		-0.15	0.1	0.6	0.39	0.95	0.1	0.92	0.86	0.26	-0.42	0.94	0.19	0.83	0.15	0.75	0.87	0.89	-0.3
Accounts Payable	-0.39	-0.42	-1.0	1.0	0.05	0.19	-0.52	-0.15		0.32	-0.8	0.53	-0.37	0.32	-0.44	-0.08	-0.25	-0.39	-0.42	0.29	-0.04	-0.03	-0.38	-0.56	0.13	0.5
Cash	-0.04	-0.15	-0.32	0.32	0.06	0.36	-0.82	0.1	0.32		-0.19	0.27	-0.08	1.0	-0.09	-0.16	-0.38	0.04	-0.06	0.99	0.04	-0.02	-0.11	-0.23	0.31	-0.1
Non Current Assets Total	0.78	0.58	0.81	-0.8	0.33	0.22	0.57	0.6	-0.8	-0.19		-0.28	0.76	-0.19	0.76	0.43	0.2	0.3	0.8	-0.13	0.35	0.05	0.63	0.83	0.32	-0.51
Non Currrent Assets Other	0.28	0.06	-0.52	0.53	0.42	0.3	-0.12	0.39	0.53	0.27	-0.28		0.3	0.27	0.3	0.34	-0.45	-0.7	0.26	0.34	0.34	-0.33	0.07	0.09	0.37	0.11
Other Assets	1.0	0.7	0.38	-0.37	0.76	0.61	0.56	0.95	-0.37	-0.08	0.76	0.3		-0.08	0.99	0.81	0.24	-0.31	1.0	0.02	0.76	0.12	0.79	0.96	0.73	-0.44
Cash And Short Term Investments	-0.04	-0.15	-0.32	0.32	0.06	0.36	-0.82	0.1	0.32	1.0	-0.19	0.27	-0.08		-0.09	-0.16	-0.38	0.04	-0.06	0.99	0.04	-0.02	-0.11	-0.23	0.31	-0.1
Net Receivables	0.99	0.73	0.45	-0.44	0.74	0.56	0.59	0.92	-0.44	-0.09	0.76	0.3	0.99	-0.09		0.8	0.25	-0.35	0.99	0.01	0.76	0.12	0.8	0.97	0.69	-0.47
Common Stock Shares Outstanding	0.8	0.72	0.09	-0.08	0.95	0.79	0.49	0.86	-0.08	-0.16	0.43	0.34	0.81	-0.16	0.8		0.46	-0.56	0.78	-0.07	0.91	0.16	0.84	0.79	0.84	-0.26
Non Current Liabilities Total	0.23	0.38	0.25	-0.25	0.36	0.36	0.46	0.26	-0.25	-0.38	0.2	-0.45	0.24	-0.38	0.25	0.46		-0.22	0.22	-0.41	0.48	0.72	0.44	0.42	0.31	-0.23
Other Stockholder Equity	-0.28	-0.22	0.39	-0.39	-0.56	-0.4	-0.17	-0.42	-0.39	0.04	0.3	-0.7	-0.31	0.04	-0.35	-0.56	-0.22		-0.25	0.01	-0.58	-0.14	-0.23	-0.25	-0.45	-0.04
Total Liab	1.0	0.7	0.43	-0.42	0.73	0.58	0.55	0.94	-0.42	-0.06	0.8	0.26	1.0	-0.06	0.99	0.78	0.22	-0.25		0.04	0.73	0.1	0.78	0.96	0.7	-0.46
Total Current Assets	0.05	-0.05	-0.28	0.29	0.15	0.41	-0.77	0.19	0.29	0.99	-0.13	0.34	0.02	0.99	0.01	-0.07	-0.41	0.01	0.04		0.12	-0.08	-0.01	-0.15	0.37	-0.14
Common Stock	0.75	0.83	0.05	-0.04	0.95	0.83	0.39	0.83	-0.04	0.04	0.35	0.34	0.76	0.04	0.76	0.91	0.48	-0.58	0.73	0.12		0.41	0.9	0.72	0.86	-0.4
Long Term Debt	0.11	0.36	0.03	-0.03	0.18	0.27	0.23	0.15	-0.03	-0.02	0.05	-0.33	0.12	-0.02	0.12	0.16	0.72	-0.14	0.1	-0.08	0.41		0.34	0.18	0.23	-0.27
Long Term Debt Total	0.79	0.97	0.39	-0.38	0.84	0.66	0.56	0.75	-0.38	-0.11	0.63	0.07	0.79	-0.11	0.8	0.84	0.44	-0.23	0.78	-0.01	0.9	0.34		0.8	0.7	-0.52
Capital Surpluse	0.96	0.72	0.56	-0.56	0.69	0.52	0.67	0.87	-0.56	-0.23	0.83	0.09	0.96	-0.23	0.97	0.79	0.42	-0.25	0.96	-0.15	0.72	0.18	0.8		0.63	-0.48
Property Plant Equipment	0.73	0.55	-0.12	0.13	0.92	0.98	0.07	0.89	0.13	0.31	0.32	0.37	0.73	0.31	0.69	0.84	0.31	-0.45	0.7	0.37	0.86	0.23	0.7	0.63		-0.2
Earning Assets	-0.45	-0.6	-0.5	0.5	-0.25	-0.15	-0.27	-0.3	0.5	-0.1	-0.51	0.11	-0.44	-0.1	-0.47	-0.26	-0.23	-0.04	-0.46	-0.14	-0.4	-0.27	-0.52	-0.48	-0.2

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VersaBank Account Relationship Matchups

VersaBank balance sheet Accounts

	2019	2020	2021	2022	2023	2024 (projected)
Total Assets	1.9B	2.4B	3.3B	4.2B	4.8B	5.1B
Short Long Term Debt Total	16.7M	100.4M	105.0M	110.6M	127.2M	67.1M
Other Current Liab	(100.3M)	(117.7M)	(7.7M)	(9.7M)	(8.7M)	(9.1M)
Total Current Liabilities	100.3M	117.7M	7.7M	9.7M	11.1M	10.6M
Total Stockholder Equity	255.3M	332.1M	349.1M	377.2M	433.7M	238.8M
Property Plant And Equipment Net	10.4M	11.9M	11.0M	10.0M	11.5M	8.1M
Net Debt	(240.9M)	(171.1M)	16.4M	(21.6M)	(24.9M)	(26.1M)
Retained Earnings	73.2M	90.6M	109.3M	146.0M	167.9M	176.3M
Accounts Payable	100.3M	117.7M	7.7M	9.7M	11.1M	10.6M
Cash	257.6M	271.5M	88.6M	132.2M	152.1M	172.6M
Non Current Assets Total	19.1M	22.2M	141.6M	187.4M	215.5M	226.3M
Non Currrent Assets Other	(19.1M)	(2.9M)	(141.6M)	(4.1M)	(4.7M)	(4.9M)
Other Assets	1.7B	2.1B	3.0B	3.9B	4.4B	4.7B
Cash And Short Term Investments	257.6M	271.5M	88.6M	132.2M	152.1M	172.6M
Net Receivables	6.8M	10.8M	18.5M	24.5M	28.2M	29.6M
Liabilities And Stockholders Equity	1.9B	2.4B	3.3B	4.2B	4.8B	5.1B
Non Current Liabilities Total	16.7M	101.3M	2.9B	111.4M	128.1M	121.7M
Total Liab	1.7B	2.1B	2.9B	3.8B	4.4B	4.6B
Total Current Assets	264.5M	282.4M	88.6M	156.8M	180.3M	181.0M
Long Term Debt	109.7M	206.0M	231.1M	106.9M	122.9M	165.0M
Long Term Debt Total	135.2M	112.8M	211.1M	235.5M	270.9M	173.8M
Property Plant Equipment	7.9M	10.4M	11.9M	11.0M	12.6M	9.7M
Earning Assets	16.1M	27.1M	8.6M	953K	857.7K	814.8K
Other Liab	6.1M	4.0M	8.8M	8.8M	10.1M	7.3M
Net Tangible Assets	210.8M	226.0M	322.7M	341.7M	393.0M	285.0M
Inventory	(257.9M)	(274.2M)	(110.8M)	(156.8M)	(141.1M)	(148.2M)
Other Current Assets	257.9M	274.2M	92.4M	156.8M	180.3M	192.7M
Net Invested Capital	239.6M	413.7M	454.0M	470.4M	540.9M	401.9M
Long Term Investments	8.6M	953K	141.6M	168.9M	194.2M	203.9M

Pair Trading with VersaBank

One of the main advantages of trading using pair correlations is that every trade hedges away some risk. Because there are two separate transactions required, even if VersaBank position performs unexpectedly, the other equity can make up some of the losses. Pair trading also minimizes risk from directional movements in the market. For example, if an entire industry or sector drops because of unexpected headlines, the short position in VersaBank will appreciate offsetting losses from the drop in the long position's value.

Moving together with VersaBank Stock

0.89	JPM	JPMorgan Chase	Pair Corr
0.96	BOFA	Bank of America	Pair Corr
0.9	RY-PM	Royal Bank	Pair Corr
0.88	RY-PS	Royal Bank	Pair Corr

The ability to find closely correlated positions to VersaBank could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace VersaBank when you sell it. If you don't do this, your portfolio allocation will be skewed against your target asset allocation. So, investors can't just sell and buy back VersaBank - that would be a violation of the tax code under the "wash sale" rule, and this is why you need to find a similar enough asset and use the proceeds from selling VersaBank to buy it.

The correlation of VersaBank is a statistical measure of how it moves in relation to other instruments. This measure is expressed in what is known as the correlation coefficient, which ranges between -1 and +1. A perfect positive correlation (i.e., a correlation coefficient of +1) implies that as VersaBank moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if VersaBank moves in either direction, the perfectly negatively correlated security will move in the opposite direction. If the correlation is 0, the equities are not correlated; they are entirely random. A correlation greater than 0.8 is generally described as strong, whereas a correlation less than 0.5 is generally considered weak.

Correlation analysis and pair trading evaluation for VersaBank can also be used as hedging techniques within a particular sector or industry or even over random equities to generate a better risk-adjusted return on your portfolios.

Pair Correlation Correlation Matching

When determining whether VersaBank is a good investment, qualitative aspects like company management, corporate governance, and ethical practices play a significant role. A comparison with peer companies also provides context and helps to understand if VersaBank Stock is undervalued or overvalued. This multi-faceted approach, blending both quantitative and qualitative analysis, forms a solid foundation for making an informed investment decision about Versabank Stock. Highlighted below are key reports to facilitate an investment decision about Versabank Stock:

How To Invest In VersaBank

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Is VersaBank Stock a good investment?

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What is VersaBank's Net Worth?

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To learn how to invest in VersaBank Stock, please use our How to Invest in VersaBank guide.

You can also try the Portfolio Optimization module to compute new portfolio that will generate highest expected return given your specified tolerance for risk.

Please note, there is a significant difference between VersaBank's value and its price as these two are different measures arrived at by different means. Investors typically determine if VersaBank is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, VersaBank'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.

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VersaBank Historical Balance Sheet

VersaBank Inventory

(148.16 Million)

About VersaBank Balance Sheet Analysis

VersaBank Balance Sheet Chart

Total Assets

Total Current Liabilities

Total Stockholder Equity

VersaBank balance sheet Correlations

VersaBank Account Relationship Matchups

High Positive Relationship

High Negative Relationship

VersaBank balance sheet Accounts

Pair Trading with VersaBank

Moving together with VersaBank Stock

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Other Assets	+ 1.0	Total Assets
Total Liab	+ 1.0	Total Assets
Accounts Payable	+ 1.0	Total Current Liabilities
Cash And Short Term Investments	+ 1.0	Cash
Total Liab	+ 1.0	Other Assets
Net Receivables	+ 0.99	Total Assets

Accounts Payable	- 1.0	Other Current Liab
Total Current Liabilities	- 1.0	Other Current Liab
Cash And Short Term Investments	- 0.82	Net Debt
Cash	- 0.82	Net Debt
Non Current Assets Total	- 0.8	Accounts Payable
Non Current Assets Total	- 0.8	Total Current Liabilities