Virpax Net Invested Capital vs Cash And Short Term Investments Analysis
VRPX Stock | USD 0.62 0.04 6.06% |
Virpax Pharmaceuticals financial indicator trend analysis is much more than just breaking down Virpax Pharmaceuticals prevalent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Virpax Pharmaceuticals is a good investment. Please check the relationship between Virpax Pharmaceuticals Net Invested Capital and its Cash And Short Term Investments accounts. Check out World Market Map to better understand how to build diversified portfolios, which includes a position in Virpax Pharmaceuticals. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in american community survey. For more information on how to buy Virpax Stock please use our How to Invest in Virpax Pharmaceuticals guide.
Net Invested Capital vs Cash And Short Term Investments
Net Invested Capital vs Cash And Short Term Investments Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Virpax Pharmaceuticals Net Invested Capital account and Cash And Short Term Investments. At this time, the significance of the direction appears to have almost identical trend.
The correlation between Virpax Pharmaceuticals' Net Invested Capital and Cash And Short Term Investments is 0.96. Overlapping area represents the amount of variation of Net Invested Capital that can explain the historical movement of Cash And Short Term Investments in the same time period over historical financial statements of Virpax Pharmaceuticals, assuming nothing else is changed. The correlation between historical values of Virpax Pharmaceuticals' Net Invested Capital and Cash And Short Term Investments is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Net Invested Capital of Virpax Pharmaceuticals are associated (or correlated) with its Cash And Short Term Investments. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Cash And Short Term Investments has no effect on the direction of Net Invested Capital i.e., Virpax Pharmaceuticals' Net Invested Capital and Cash And Short Term Investments go up and down completely randomly.
Correlation Coefficient | 0.96 |
Relationship Direction | Positive |
Relationship Strength | Very Strong |
Net Invested Capital
The total amount of capital invested in a company, including both equity and debt, minus any cash or cash equivalents.Cash And Short Term Investments
Short Term Investments is an account in the current assets section of Virpax Pharmaceuticals balance sheet. This account contains Virpax Pharmaceuticals investments that will expire within one year. These investments include stocks and bonds that can be liquidated by Virpax Pharmaceuticals fairly quickly. The sum of a company's cash on hand, including bank deposits and short-term, highly liquid investments that are easily convertible to known amounts of cash.Most indicators from Virpax Pharmaceuticals' fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Virpax Pharmaceuticals 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 Virpax Pharmaceuticals. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in american community survey. For more information on how to buy Virpax Stock please use our How to Invest in Virpax Pharmaceuticals guide.At this time, Virpax Pharmaceuticals' Enterprise Value Over EBITDA is fairly stable compared to the past year. Enterprise Value Multiple is likely to rise to 2.27 in 2024, whereas Selling General Administrative is likely to drop slightly above 6.1 M in 2024.
Virpax Pharmaceuticals fundamental ratios Correlations
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Virpax Pharmaceuticals Account Relationship Matchups
High Positive Relationship
High Negative Relationship
Virpax Pharmaceuticals fundamental ratios Accounts
2019 | 2020 | 2021 | 2022 | 2023 | 2024 (projected) | ||
Total Assets | 46.7K | 465.4K | 39.6M | 19.7M | 9.6M | 12.7M | |
Other Current Liab | 1.5M | 3.1M | 2.1M | 3.1M | 7.7M | 8.1M | |
Total Current Liabilities | 2.8M | 3.7M | 2.1M | 3.1M | 7.7M | 8.1M | |
Total Stockholder Equity | (2.7M) | (4.2M) | 37.5M | 16.6M | 1.9M | 1.8M | |
Net Debt | 1.2M | 1.5M | (36.8M) | (19.0M) | (9.1M) | (9.6M) | |
Retained Earnings | (6.3M) | (10.6M) | (22.7M) | (44.4M) | (59.5M) | (56.6M) | |
Accounts Payable | 3.5 | 1.0M | 2.1M | 1.1K | 18.46 | 17.54 | |
Cash | 41.5K | 54.8K | 36.8M | 19.0M | 9.1M | 11.9M | |
Cash And Short Term Investments | 41.5K | 54.8K | 36.8M | 19.0M | 9.1M | 11.9M | |
Common Stock Shares Outstanding | 521.5K | 494.5K | 1.2M | 1.2M | 1.2M | 1.3M | |
Liabilities And Stockholders Equity | 46.7K | 465.4K | 39.6M | 19.7M | 9.6M | 12.7M | |
Other Current Assets | 467.0 | 535.0 | 2.7M | 678.4K | 486.8K | 716.8K | |
Other Stockholder Equity | 3.6M | 6.4M | 60.2M | 60.9M | 61.5M | 35.6M | |
Total Liab | 2.8M | 4.7M | 2.1M | 3.1M | 7.7M | 4.0M | |
Net Invested Capital | (1.5M) | (2.7M) | 37.5M | 16.6M | 1.9M | 1.8M | |
Total Current Assets | 46.7K | 73.1K | 39.6M | 19.7M | 9.6M | 12.7M | |
Net Working Capital | (2.7M) | (3.6M) | 37.5M | 16.6M | 1.9M | 1.8M |
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