| VERU Stock | | | USD 0.62 0.04 6.06% |
Veru financial indicator trend analysis is much more than just breaking down Veru Inc prevalent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Veru Inc is a good investment. Please check the relationship between Veru Depreciation and its Capital Expenditures accounts. Check out
World Market Map to better understand how to build diversified portfolios, which includes a position in Veru Inc. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as
signals in metropolitan statistical area.
Depreciation vs Capital Expenditures
Depreciation vs Capital Expenditures Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of
Veru Inc Depreciation account and
Capital Expenditures. At this time, the significance of the direction appears to have weak contrarian relationship.
The correlation between Veru's Depreciation and Capital Expenditures is -0.15. Overlapping area represents the amount of variation of Depreciation that can explain the historical movement of Capital Expenditures in the same time period over historical financial statements of Veru Inc, assuming nothing else is changed. The correlation between historical values of Veru's Depreciation and Capital Expenditures is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Depreciation of Veru Inc are associated (or correlated) with its Capital Expenditures. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Capital Expenditures has no effect on the direction of Depreciation i.e., Veru's Depreciation and Capital Expenditures go up and down completely randomly.
Correlation Coefficient | -0.15 |
| Relationship Direction | Negative |
| Relationship Strength | Insignificant |
Depreciation
Depreciation indicates how much of Veru Inc value has been used up. For tax purposes Veru can deduct the cost of the tangible assets it purchases as business expenses. However, Veru Inc must depreciate these assets in accordance with IRS rules about how and when the deduction may be taken, and how long it will last. The systematic allocation of the cost of a tangible asset over its useful life.
Capital Expenditures
Capital Expenditures are funds used by Veru Inc to acquire physical assets such as property, industrial buildings or equipment. This type of outlay is used by management to increase the scope of Veru operations. These expenditures can include everything from repairing an office equipment, building a brand new facility, or writing new software.
Most indicators from Veru's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Veru Inc 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 Veru Inc. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as
signals in metropolitan statistical area.
At this time, Veru's
Selling General Administrative is comparatively stable compared to the past year.
Tax Provision is likely to gain to about 453.8
K in 2024, despite the fact that
Enterprise Value Multiple is likely to grow to
(0.80).
Veru fundamental ratios Correlations
Click cells to compare fundamentals
Veru Account Relationship Matchups
High Positive Relationship
High Negative Relationship
Veru fundamental ratios Accounts
Build portfolios using Macroaxis predefined set of investing ideas. Many of Macroaxis investing ideas can easily outperform a given market. Ideas can also be optimized per your risk profile before portfolio origination is invoked. Macroaxis thematic optimization helps investors identify companies most likely to benefit from changes or shifts in various micro-economic or local macro-level trends. Originating optimal thematic portfolios involves aligning investors' personal views, ideas, and beliefs with their actual investments.
Additional Tools for Veru Stock Analysis
When running Veru's price analysis, check to
measure Veru'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 Veru is operating at the current time. Most of Veru's value examination focuses on studying past and present price action to
predict the probability of Veru's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Veru's price. Additionally, you may evaluate how the addition of Veru to your portfolios can decrease your overall portfolio volatility.