Veru Non Current Assets Total vs Total Liab Analysis

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 Non Current Assets Total and its Total Liab 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.

Non Current Assets Total vs Total Liab

Non Current Assets Total vs Total Liab Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Veru Inc Non Current Assets Total account and Total Liab. At this time, the significance of the direction appears to have fragmental relationship.
The correlation between Veru's Non Current Assets Total and Total Liab is 0.49. Overlapping area represents the amount of variation of Non Current Assets Total that can explain the historical movement of Total Liab 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 Non Current Assets Total and Total Liab is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Non Current Assets Total of Veru Inc are associated (or correlated) with its Total Liab. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Total Liab has no effect on the direction of Non Current Assets Total i.e., Veru's Non Current Assets Total and Total Liab go up and down completely randomly.

Correlation Coefficient

0.49
Relationship DirectionPositive 
Relationship StrengthWeak

Non Current Assets Total

The total value of a company's long-term assets, which are not expected to be converted into cash or used up within one year or the operating cycle, including property, plant, and equipment, and intangible assets.

Total Liab

The total amount of all liabilities that a company has, including both short-term and long-term liabilities.
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).
 2021 2022 2023 2024 (projected)
Gross Profit30.6M7.6M8.7M11.1M
Total Revenue39.4M16.3M18.7M20.2M

Veru fundamental ratios Correlations

0.340.780.560.940.15-0.92-0.230.320.960.340.60.960.160.510.490.480.940.460.550.220.97-0.250.1-0.220.52
0.340.370.660.180.68-0.08-0.740.650.210.610.090.210.160.840.720.750.230.780.690.670.25-0.1-0.05-0.110.84
0.780.370.790.610.42-0.69-0.380.620.740.260.340.740.020.470.550.540.810.480.720.320.76-0.17-0.02-0.120.46
0.560.660.790.290.75-0.35-0.790.920.50.470.440.5-0.180.830.90.890.50.820.990.680.51-0.380.0-0.330.82
0.940.180.610.29-0.07-0.950.020.060.940.230.50.940.260.30.240.250.920.260.280.040.94-0.140.1-0.130.32
0.150.680.420.75-0.07-0.04-0.910.930.160.190.250.16-0.180.740.810.820.160.880.790.950.18-0.15-0.46-0.090.69
-0.92-0.08-0.69-0.35-0.95-0.040.0-0.14-0.98-0.01-0.52-0.98-0.17-0.25-0.25-0.28-0.97-0.26-0.32-0.1-0.970.10.110.06-0.23
-0.23-0.74-0.38-0.790.02-0.910.0-0.9-0.17-0.4-0.45-0.170.15-0.89-0.92-0.87-0.12-0.94-0.85-0.93-0.190.350.210.31-0.85
0.320.650.620.920.060.93-0.14-0.90.280.380.330.28-0.230.790.890.870.280.880.930.850.3-0.35-0.2-0.290.77
0.960.210.740.50.940.16-0.98-0.170.280.110.631.00.120.420.430.440.970.410.480.221.0-0.19-0.08-0.150.4
0.340.610.260.470.230.19-0.01-0.40.380.110.120.11-0.130.590.490.420.10.450.490.220.12-0.320.71-0.360.7
0.60.090.340.440.50.25-0.52-0.450.330.630.120.63-0.110.570.630.480.480.550.520.440.62-0.460.02-0.420.53
0.960.210.740.50.940.16-0.98-0.170.281.00.110.630.120.420.430.440.970.410.480.221.0-0.19-0.08-0.150.4
0.160.160.02-0.180.26-0.18-0.170.15-0.230.12-0.13-0.110.12-0.04-0.15-0.180.17-0.06-0.18-0.110.2-0.03-0.2-0.06-0.07
0.510.840.470.830.30.74-0.25-0.890.790.420.590.570.42-0.040.960.90.360.950.890.810.44-0.380.01-0.360.98
0.490.720.550.90.240.81-0.25-0.920.890.430.490.630.43-0.150.960.930.370.960.960.850.44-0.46-0.05-0.410.94
0.480.750.540.890.250.82-0.28-0.870.870.440.420.480.44-0.180.90.930.390.910.920.810.45-0.43-0.18-0.380.89
0.940.230.810.50.920.16-0.97-0.120.280.970.10.480.970.170.360.370.390.360.470.180.98-0.07-0.11-0.030.34
0.460.780.480.820.260.88-0.26-0.940.880.410.450.550.41-0.060.950.960.910.360.880.940.43-0.37-0.2-0.330.92
0.550.690.720.990.280.79-0.32-0.850.930.480.490.520.48-0.180.890.960.920.470.880.750.5-0.41-0.02-0.370.88
0.220.670.320.680.040.95-0.1-0.930.850.220.220.440.22-0.110.810.850.810.180.940.750.24-0.23-0.43-0.180.76
0.970.250.760.510.940.18-0.97-0.190.31.00.120.621.00.20.440.440.450.980.430.50.24-0.2-0.1-0.160.42
-0.25-0.1-0.17-0.38-0.14-0.150.10.35-0.35-0.19-0.32-0.46-0.19-0.03-0.38-0.46-0.43-0.07-0.37-0.41-0.23-0.2-0.21.0-0.41
0.1-0.05-0.020.00.1-0.460.110.21-0.2-0.080.710.02-0.08-0.20.01-0.05-0.18-0.11-0.2-0.02-0.43-0.1-0.2-0.240.13
-0.22-0.11-0.12-0.33-0.13-0.090.060.31-0.29-0.15-0.36-0.42-0.15-0.06-0.36-0.41-0.38-0.03-0.33-0.37-0.18-0.161.0-0.24-0.39
0.520.840.460.820.320.69-0.23-0.850.770.40.70.530.4-0.070.980.940.890.340.920.880.760.42-0.410.13-0.39
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Veru Account Relationship Matchups

Veru fundamental ratios Accounts

201920202021202220232024 (projected)
Total Assets51.5M178.1M136.1M50.6M58.2M32.1M
Short Long Term Debt Total14.1M12.6M14.9M14.4M16.6M17.4M
Other Current Liab1.1M9.0M17.9M4.7M5.4M3.0M
Total Current Liabilities14.7M15.8M41.4M20.3M23.3M24.5M
Total Stockholder Equity30.1M152.3M80.8M17.8M20.5M21.7M
Property Plant And Equipment Net1.7M1.6M6.0M6.0M6.9M7.2M
Net Debt547.6K(109.7M)(65.3M)4.8M4.3M4.5M
Retained Earnings(89.2M)(81.8M)(165.6M)(258.7M)(232.8M)(221.2M)
Accounts Payable2.8M3.4M22.0M14.6M16.8M17.6M
Cash13.6M122.4M80.2M9.6M11.1M10.1M
Non Current Assets Total24.5M26.4M31.4M27.1M31.2M32.7M
Non Currrent Assets Other766.1K2.4M847.6K1.5M1.4M779.1K
Cash And Short Term Investments13.6M122.4M80.2M9.6M11.1M10.1M
Net Receivables5.2M8.8M3.6M4.5M5.2M4.0M
Common Stock Shares Outstanding66.8M83.8M80.1M85.0M97.7M102.6M
Liabilities And Stockholders Equity51.5M178.1M136.1M50.6M58.2M32.1M
Non Current Liabilities Total6.7M10.1M13.8M12.5M14.4M15.1M
Inventory6.7M5.6M8.6M6.7M7.7M8.1M
Other Current Assets1.5M15.0M12.4M1.1M1.3M2.2M
Other Stockholder Equity119.2M233.9M246.2M276.1M317.5M333.4M
Total Liab21.4M25.9M55.3M32.8M37.7M39.6M
Property Plant And Equipment Gross1.7M5.1M6.0M9.8M11.2M11.8M
Total Current Assets27.0M151.8M104.8M23.5M27.0M18.9M
Short Term Debt7.5M3.2M1.2M1.9M2.2M2.1M
Intangible Assets5.8M4.0M4.0M6.0K6.8K6.5K
Current Deferred Revenue3.3M132K342K(864.6K)(778.2K)(739.3K)
Common Stock Total Equity672.2K720.5K821.5K826.9K951.0K998.5K
Common Stock720.5K821.5K826.9K939.7K1.1M1.1M
Other Liab543.8K89.7K78.4K99.6K89.7K85.2K
Other Assets9.4M10.2M13.9M14.5M16.7M17.5M
Property Plant Equipment351.9K312.7K592.6K6.0M6.9M7.2M
Long Term Debt5.6M9.4M9.7M8.9M10.2M10.7M
Net Tangible Assets5.3M17.5M141.4M70.0M80.5M84.5M
Retained Earnings Total Equity(70.2M)(89.2M)(81.8M)(165.6M)(149.0M)(141.6M)
Capital Surpluse110.3M127.0M241.7M254.0M292.1M306.7M
Deferred Long Term Liab296.6K74.7K63.4K81.1K73.0K69.3K

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