Virpax Pharmaceuticals Stock Cash And Equivalents

VRPX Stock  USD 0.62  0.04  6.06%   
Virpax Pharmaceuticals fundamentals help investors to digest information that contributes to Virpax Pharmaceuticals' financial success or failures. It also enables traders to predict the movement of Virpax Stock. The fundamental analysis module provides a way to measure Virpax Pharmaceuticals' intrinsic value by examining its available economic and financial indicators, including the cash flow records, the balance sheet account changes, the income statement patterns, and various microeconomic indicators and financial ratios related to Virpax Pharmaceuticals stock.
  
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Virpax Pharmaceuticals Company Cash And Equivalents Analysis

Virpax Pharmaceuticals' Cash or Cash Equivalents are the most liquid of all assets found on the company's balance sheet. It is used in calculating many of the firm's liquidity ratios and is a good indicator of the overall financial health of a company. Companies with a lot of cash are usually attractive takeover targets. Cash Equivalents are balance sheet items that are typically reported using currency printed on notes.

Cash

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Bank Deposits

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Liquidities

More About Cash And Equivalents | All Equity Analysis

Current Virpax Pharmaceuticals Cash And Equivalents

    
  26.06 M  
Most of Virpax Pharmaceuticals' fundamental indicators, such as Cash And Equivalents, are part of a valuation analysis module that helps investors searching for stocks that are currently trading at higher or lower prices than their real value. If the real value is higher than the market price, Virpax Pharmaceuticals is considered to be undervalued, and we provide a buy recommendation. Otherwise, we render a sell signal.

Virpax Cash And Equivalents Driver Correlations

Understanding the fundamental principles of building solid financial models for Virpax Pharmaceuticals is extremely important. It helps to project a fair market value of Virpax Stock properly, considering its historical fundamentals such as Cash And Equivalents. Since Virpax Pharmaceuticals' main accounts across its financial reports are all linked and dependent on each other, it is essential to analyze all possible correlations between related accounts. However, instead of reviewing all of Virpax Pharmaceuticals' historical financial statements, investors can examine the correlated drivers to determine its overall health. This can be effectively done using a conventional correlation matrix of Virpax Pharmaceuticals' interrelated accounts and indicators.
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Cash equivalents represent current assets that are easily convertible to cash such as short term bonds, savings account, money market funds, or certificate of deposits (CDs). One of the important consideration companies make when classifying assets as cash equivalent is that investments they report on their balance sheets under current assets should have almost no risk of change in value over the next few months (usually three months).
Competition

In accordance with the recently published financial statements, Virpax Pharmaceuticals has 26.06 M in Cash And Equivalents. This is 96.83% lower than that of the Biotechnology sector and 94.17% lower than that of the Health Care industry. The cash and equivalents for all United States stocks is 99.04% higher than that of the company.

Virpax Cash And Equivalents Peer Comparison

Stock peer comparison is one of the most widely used and accepted methods of equity analyses. It analyses Virpax Pharmaceuticals' direct or indirect competition against its Cash And Equivalents to detect undervalued stocks with similar characteristics or determine the stocks which would be a good addition to a portfolio. Peer analysis of Virpax Pharmaceuticals could also be used in its relative valuation, which is a method of valuing Virpax Pharmaceuticals by comparing valuation metrics of similar companies.
Virpax Pharmaceuticals is currently under evaluation in cash and equivalents category among its peers.

Virpax Pharmaceuticals Current Valuation Drivers

We derive many important indicators used in calculating different scores of Virpax Pharmaceuticals from analyzing Virpax Pharmaceuticals' financial statements. These drivers represent accounts that assess Virpax Pharmaceuticals' ability to generate profits relative to its revenue, operating costs, and shareholders' equity. Below are some of Virpax Pharmaceuticals' important valuation drivers and their relationship over time.
201920202021202220232024 (projected)
Market Cap34.1M32.3M40.2M7.3M3.7M3.6M
Enterprise Value35.3M33.8M3.3M(11.7M)(5.4M)(5.1M)

Virpax Fundamentals

About Virpax Pharmaceuticals Fundamental Analysis

The Macroaxis Fundamental Analysis modules help investors analyze Virpax Pharmaceuticals's financials across various querterly and yearly statements, indicators and fundamental ratios. We help investors to determine the real value of Virpax Pharmaceuticals using virtually all public information available. We use both quantitative as well as qualitative analysis to arrive at the intrinsic value of Virpax Pharmaceuticals based on its fundamental data. In general, a quantitative approach, as applied to this company, focuses on analyzing financial statements comparatively, whereas a qaualitative method uses data that is important to a company's growth but cannot be measured and presented in a numerical way.
Please read more on our fundamental analysis page.

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Additional Tools for Virpax Stock Analysis

When running Virpax Pharmaceuticals' price analysis, check to measure Virpax Pharmaceuticals' 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 Virpax Pharmaceuticals is operating at the current time. Most of Virpax Pharmaceuticals' value examination focuses on studying past and present price action to predict the probability of Virpax Pharmaceuticals' future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Virpax Pharmaceuticals' price. Additionally, you may evaluate how the addition of Virpax Pharmaceuticals to your portfolios can decrease your overall portfolio volatility.