VersaBank Total Current Liabilities vs Common Stock Analysis

VBNK Stock  USD 17.86  0.54  3.12%   
VersaBank financial indicator trend analysis is much more than just breaking down VersaBank prevalent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether VersaBank is a good investment. Please check the relationship between VersaBank Total Current Liabilities and its Common Stock accounts. 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.
For more information on how to buy VersaBank Stock please use our How to buy in VersaBank Stock guide.

Total Current Liabilities vs Common Stock

Total Current Liabilities vs Common Stock Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of VersaBank Total Current Liabilities account and Common Stock. At this time, the significance of the direction appears to have weak contrarian relationship.
The correlation between VersaBank's Total Current Liabilities and Common Stock is -0.2. Overlapping area represents the amount of variation of Total Current Liabilities that can explain the historical movement of Common Stock in the same time period over historical financial statements of VersaBank, assuming nothing else is changed. The correlation between historical values of VersaBank's Total Current Liabilities and Common 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 Total Current Liabilities of VersaBank are associated (or correlated) with its Common Stock. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Common Stock has no effect on the direction of Total Current Liabilities i.e., VersaBank's Total Current Liabilities and Common Stock go up and down completely randomly.

Correlation Coefficient

-0.2
Relationship DirectionNegative 
Relationship StrengthInsignificant

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.

Common Stock

Most indicators from VersaBank's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into VersaBank 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 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.
For more information on how to buy VersaBank Stock please use our How to buy in VersaBank Stock guide.At this time, VersaBank's Selling General Administrative is quite stable compared to the past year. Enterprise Value Over EBITDA is expected to rise to 3.98 this year, although the value of Sales General And Administrative To Revenue will most likely fall to 0.15.
 2021 2022 2023 2024 (projected)
Gross Profit82.4M109.2M125.6M131.9M
Total Revenue82.4M108.6M124.9M131.2M

VersaBank fundamental ratios Correlations

0.70.3-0.390.750.610.540.95-0.41-0.040.930.93-0.56-0.040.990.80.98-0.271.0-0.080.78-0.450.870.530.740.79
0.70.35-0.420.730.50.590.62-0.43-0.150.580.58-0.24-0.150.730.720.71-0.280.7-0.180.89-0.070.860.330.650.97
0.30.35-0.99-0.14-0.260.470.05-0.99-0.310.390.35-0.39-0.310.350.00.450.50.33-0.340.120.420.2-0.3-0.020.3
-0.39-0.42-0.990.050.19-0.52-0.151.00.32-0.47-0.430.440.32-0.44-0.08-0.53-0.45-0.420.35-0.2-0.36-0.290.25-0.05-0.38
0.750.73-0.140.050.890.30.860.040.060.570.58-0.130.060.740.950.69-0.590.730.030.91-0.50.930.710.820.81
0.610.5-0.260.190.89-0.030.80.180.360.380.390.050.360.560.790.51-0.470.580.330.82-0.580.80.820.870.63
0.540.590.47-0.520.3-0.030.37-0.52-0.820.490.48-0.23-0.820.590.490.65-0.10.55-0.840.40.250.42-0.280.070.59
0.950.620.05-0.150.860.80.37-0.170.10.820.83-0.390.10.920.860.89-0.430.940.070.83-0.60.90.720.830.75
-0.41-0.43-0.991.00.040.18-0.52-0.170.3-0.49-0.450.450.3-0.45-0.1-0.55-0.45-0.440.34-0.21-0.34-0.30.22-0.07-0.39
-0.04-0.15-0.310.320.060.36-0.820.10.3-0.05-0.03-0.021.0-0.09-0.16-0.19-0.07-0.061.00.06-0.460.040.630.41-0.12
0.930.580.39-0.470.570.380.490.82-0.49-0.051.0-0.82-0.050.920.630.92-0.110.94-0.080.57-0.480.730.380.520.65
0.930.580.35-0.430.580.390.480.83-0.45-0.031.0-0.82-0.030.920.630.91-0.150.94-0.060.57-0.510.730.40.520.64
-0.56-0.24-0.390.44-0.130.05-0.23-0.390.45-0.02-0.82-0.82-0.02-0.56-0.17-0.55-0.17-0.580.0-0.080.43-0.3-0.09-0.07-0.24
-0.04-0.15-0.310.320.060.36-0.820.10.31.0-0.05-0.03-0.02-0.09-0.16-0.19-0.07-0.061.00.06-0.460.040.630.41-0.12
0.990.730.35-0.440.740.560.590.92-0.45-0.090.920.92-0.56-0.090.80.98-0.330.99-0.120.78-0.390.870.470.70.8
0.80.720.0-0.080.950.790.490.86-0.1-0.160.630.63-0.17-0.160.80.78-0.550.78-0.190.87-0.360.90.540.730.8
0.980.710.45-0.530.690.510.650.89-0.55-0.190.920.91-0.55-0.190.980.78-0.210.98-0.230.75-0.30.840.390.640.79
-0.27-0.280.5-0.45-0.59-0.47-0.1-0.43-0.45-0.07-0.11-0.15-0.17-0.07-0.33-0.55-0.21-0.24-0.08-0.40.3-0.34-0.4-0.41-0.28
1.00.70.33-0.420.730.580.550.94-0.44-0.060.940.94-0.58-0.060.990.780.98-0.24-0.090.77-0.430.870.50.720.79
-0.08-0.18-0.340.350.030.33-0.840.070.341.0-0.08-0.060.01.0-0.12-0.19-0.23-0.08-0.090.02-0.460.010.610.38-0.15
0.780.890.12-0.20.910.820.40.83-0.210.060.570.57-0.080.060.780.870.75-0.40.770.02-0.290.960.630.890.95
-0.45-0.070.42-0.36-0.5-0.580.25-0.6-0.34-0.46-0.48-0.510.43-0.46-0.39-0.36-0.30.3-0.43-0.46-0.29-0.41-0.71-0.45-0.18
0.870.860.2-0.290.930.80.420.9-0.30.040.730.73-0.30.040.870.90.84-0.340.870.010.96-0.410.670.860.92
0.530.33-0.30.250.710.82-0.280.720.220.630.380.4-0.090.630.470.540.39-0.40.50.610.63-0.710.670.840.42
0.740.65-0.02-0.050.820.870.070.83-0.070.410.520.52-0.070.410.70.730.64-0.410.720.380.89-0.450.860.840.73
0.790.970.3-0.380.810.630.590.75-0.39-0.120.650.64-0.24-0.120.80.80.79-0.280.79-0.150.95-0.180.920.420.73
Click cells to compare fundamentals

VersaBank Account Relationship Matchups

VersaBank fundamental ratios Accounts

201920202021202220232024 (projected)
Total Assets1.9B2.4B3.3B4.2B4.8B5.1B
Short Long Term Debt Total16.7M100.4M105.0M110.6M127.2M67.1M
Other Current Liab(96.1M)(120.6M)(13.5M)(23.9M)(21.5M)(22.6M)
Total Current Liabilities100.3M117.7M7.7M9.7M11.1M10.6M
Total Stockholder Equity255.3M332.1M349.1M377.2M433.7M238.8M
Property Plant And Equipment Net10.4M11.9M11.0M10.0M11.5M8.1M
Net Debt(240.9M)(171.1M)16.4M(21.6M)(24.9M)(26.1M)
Retained Earnings73.2M90.6M109.3M146.0M167.9M176.3M
Accounts Payable96.1M117.7M7.7M7.5M8.6M8.2M
Cash257.6M271.5M88.6M132.2M152.1M172.6M
Non Current Assets Total19.1M22.2M141.6M4.1B4.7B4.9B
Non Currrent Assets Other(19.1M)(2.9M)(141.6M)3.9B4.5B4.7B
Other Assets1.7B2.1B3.0B1.01.151.09
Cash And Short Term Investments257.6M271.5M88.6M132.2M152.1M172.6M
Net Receivables6.8M10.8M18.5M24.5M28.2M29.6M
Liabilities And Stockholders Equity1.9B2.4B3.3B4.2B4.8B5.1B
Non Current Liabilities Total16.7M101.3M2.9B3.8B4.4B4.6B
Total Liab1.7B2.1B2.9B3.8B4.4B4.6B
Total Current Assets264.5M282.4M88.6M132.2M152.1M178.9M
Other Liab4.0M8.8M134.9M9.5M11.0M10.4M
Net Tangible Assets226.0M309.1M341.7M368.6M423.9M287.5M
Other Current Assets257.9M274.2M92.4M156.8M180.3M146.7M
Property Plant Equipment10.4M11.9M11.0M10.0M11.5M10.6M
Long Term Debt13.6M95.3M105.0M106.9M122.9M73.7M
Net Invested Capital239.6M413.7M454.0M470.4M540.9M378.4M
Long Term Investments8.6M953K141.6M168.9M194.2M203.9M
Inventory(257.9M)(274.2M)(110.8M)(156.8M)(180.3M)(189.3M)

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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:
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.
For more information on how to buy VersaBank Stock please use our How to buy in VersaBank Stock guide.
You can also try the Equity Valuation module to check real value of public entities based on technical and fundamental data.
Is Regional Banks 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 VersaBank. If investors know VersaBank 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 VersaBank listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Quarterly Earnings Growth
(0.04)
Dividend Share
0.1
Earnings Share
1.26
Revenue Per Share
4.385
Quarterly Revenue Growth
0.012
The market value of VersaBank is measured differently than its book value, which is the value of VersaBank that is recorded on the company's balance sheet. Investors also form their own opinion of VersaBank's value that differs from its market value or its book value, called intrinsic value, which is VersaBank'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 VersaBank's market value can be influenced by many factors that don't directly affect VersaBank'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 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.