Venzee Technologies Current Ratio vs. Gross Profit
| VENZ Stock | CAD 0.16 0.01 6.67% |
Current Ratio | First Reported 2010-12-31 | Previous Quarter 0.03405535 | Current Value 0.02547037 | Quarterly Volatility 3.06661366 |
For Venzee Technologies profitability analysis, we use financial ratios and fundamental drivers that measure the ability of Venzee Technologies to generate income relative to revenue, assets, operating costs, and current equity. These fundamental indicators attest to how well Venzee Technologies utilizes its assets to generate profit and value for its shareholders. The profitability module also shows relationships between Venzee Technologies's most relevant fundamental drivers. It provides multiple suggestions of what could affect the performance of Venzee Technologies over time as well as its relative position and ranking within its peers.
Venzee |
Venzee Technologies Gross Profit vs. Current Ratio Fundamental Analysis
Comparative valuation techniques use various fundamental indicators to help in determining Venzee Technologies's current stock value. Our valuation model uses many indicators to compare Venzee Technologies value to that of its competitors to determine the firm's financial worth. Venzee Technologies is rated first in current ratio category among its peers. It is rated first in gross profit category among its peers . At this time, Venzee Technologies' Current Ratio is fairly stable compared to the past year. The reason why the comparable model can be used in almost all circumstances is due to the vast number of multiples that can be utilized, such as the price-to-earnings (P/E), price-to-book (P/B), price-to-sales (P/S), price-to-cash flow (P/CF), and many others. The P/E ratio is the most commonly used of these ratios because it focuses on the Venzee Technologies' earnings, one of the primary drivers of an investment's value.Venzee Gross Profit vs. Current Ratio
Current Ratio is calculated by dividing the Current Assets of a company by its Current Liabilities. It measures whether or not a company has enough cash or liquid assets to pay its current liability over the next fiscal year. The ratio is regarded as a test of liquidity for a company.
Venzee Technologies |
| = | 0.94 X |
Typically, short-term creditors will prefer a high current ratio because it reduces their overall risk. However, investors may prefer a lower current ratio since they are more concerned about growing the business using assets of the company. Acceptable current ratios may vary from one sector to another, but the generally accepted benchmark is to have current assets at least as twice as current liabilities (i.e., Current Ration of 2 to 1).
Gross Profit is the most basic measure of business operational efficiency. It is simply the difference between sales revenue and the cost associated with making a product or providing a service. It is calculated before deducting administrative expenses, taxes, and interest payments.
Venzee Technologies |
| = | (9.16 K) |
Gross Profit varies significantly from one sector to another and tells an investor how much money a business would have made if it didn't have to pay any overhead expenses such as salary, taxes, or rent.
Venzee Gross Profit Comparison
Venzee Technologies is currently under evaluation in gross profit category among its peers.
Venzee Technologies Profitability Projections
The most important aspect of a successful company is its ability to generate a profit. For investors in Venzee Technologies, profitability is also one of the essential criteria for including it into their portfolios because, without profit, Venzee Technologies will eventually generate negative long term returns. The profitability progress is the general direction of Venzee Technologies' change in net profit over the period of time. It can combine multiple indicators of Venzee Technologies, where stable trends show no significant progress. An accelerating trend is seen as positive, while a decreasing one is unfavorable. A rising trend means that profits are rising, and operational efficiency may be rising as well. A decreasing trend is a sign of poor performance and may indicate upcoming losses.
| Last Reported | Projected for Next Year | ||
| Accumulated Other Comprehensive Income | 2.8 M | 2.6 M | |
| Operating Income | -618.7 K | -649.6 K | |
| Income Before Tax | -493.4 K | -518 K | |
| Total Other Income Expense Net | 206 K | 216.3 K | |
| Net Loss | -493.4 K | -518 K | |
| Income Tax Expense | -326.7 K | -310.4 K | |
| Net Loss | -493.4 K | -518 K | |
| Net Loss | -1.6 M | -1.7 M | |
| Net Interest Income | -80.7 K | -76.6 K | |
| Change To Netincome | 191.2 K | 299.1 K | |
| Net Loss | (0.02) | (0.11) | |
| Income Quality | 0.94 | 0.63 | |
| Net Income Per E B T | 0.84 | 0.70 |
Venzee Profitability Driver Comparison
Profitability drivers are factors that can directly affect your investment outlook on Venzee Technologies. Investors often realize that things won't turn out the way they predict. There are maybe way too many unforeseen events and contingencies during the holding period of Venzee Technologies position where the market behavior may be hard to predict, tax policy changes, gold or oil price hikes, calamities change, and many others. The question is, are you prepared for these unexpected events? Although some of these situations are obviously beyond your control, you can still follow the important profit indicators to know where you should focus on when things like this occur. Below are some of the Venzee Technologies' important profitability drivers and their relationship over time.
Use Venzee Technologies in pair-trading
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 Venzee Technologies 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 Venzee Technologies will appreciate offsetting losses from the drop in the long position's value.Venzee Technologies Pair Trading
Venzee Technologies Pair Trading Analysis
The ability to find closely correlated positions to Venzee Technologies could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Venzee Technologies 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 Venzee Technologies - 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 Venzee Technologies to buy it.
The correlation of Venzee Technologies 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 Venzee Technologies moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Venzee Technologies 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 Venzee Technologies 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.Use Investing Themes to Complement your Venzee Technologies position
In addition to having Venzee Technologies in your portfolios, you can quickly add positions using our predefined set of ideas and optimize them against your very unique investing style. A single investing idea is a collection of funds, stocks, ETFs, or cryptocurrencies that are programmatically selected from a pull of investment themes. After you determine your investment opportunity, you can then find an optimal portfolio that will maximize potential returns on the chosen idea or minimize its exposure to market volatility.Did You Try This Idea?
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Additional Tools for Venzee Stock Analysis
When running Venzee Technologies' price analysis, check to measure Venzee Technologies' 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 Venzee Technologies is operating at the current time. Most of Venzee Technologies' value examination focuses on studying past and present price action to predict the probability of Venzee Technologies' future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Venzee Technologies' price. Additionally, you may evaluate how the addition of Venzee Technologies to your portfolios can decrease your overall portfolio volatility.