| 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 Total Current Assets and its Total Assets 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.
Total Current Assets vs Total Assets
Total Current Assets vs Total Assets Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of
Veru Inc Total Current Assets account and
Total Assets. At this time, the significance of the direction appears to have almost identical trend.
The correlation between Veru's Total Current Assets and Total Assets is 0.97. Overlapping area represents the amount of variation of Total Current Assets that can explain the historical movement of Total Assets 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 Total Current Assets and Total Assets 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 Assets of Veru Inc are associated (or correlated) with its Total Assets. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Total Assets has no effect on the direction of Total Current Assets i.e., Veru's Total Current Assets and Total Assets go up and down completely randomly.
Correlation Coefficient | 0.97 |
| Relationship Direction | Positive |
| Relationship Strength | Very Strong |
Total Current Assets
The total value of all assets that are expected to be converted into cash within one year or during the normal operating cycle.
Total Assets
Total assets refers to the total amount of Veru assets owned. Assets are items that have some economic value and are expended over time to create a benefit for the owner. These assets are usually recorded in Veru Inc books under different categories such as cash, marketable securities, accounts receivable,prepaid expenses, inventory, fixed assets, intangible assets, other assets, marketable securities, accounts receivable, prepaid expenses and others. The total value of all owned resources that are expected to provide future economic benefits to the business, including cash, investments, accounts receivable, inventory, property, plant, equipment, and intangible assets.
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.