Virpax Short Long Term Debt Total vs Total Current Liabilities 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 Short Long Term Debt Total and its Total Current Liabilities 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.

Short Long Term Debt Total vs Total Current Liabilities

Short Long Term Debt Total vs Total Current Liabilities Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Virpax Pharmaceuticals Short Long Term Debt Total account and Total Current Liabilities. At this time, the significance of the direction appears to have strong relationship.
The correlation between Virpax Pharmaceuticals' Short Long Term Debt Total and Total Current Liabilities is 0.71. Overlapping area represents the amount of variation of Short Long Term Debt Total that can explain the historical movement of Total Current Liabilities 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' Short Long Term Debt Total and Total Current Liabilities is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Short Long Term Debt Total of Virpax Pharmaceuticals are associated (or correlated) with its Total Current Liabilities. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Total Current Liabilities has no effect on the direction of Short Long Term Debt Total i.e., Virpax Pharmaceuticals' Short Long Term Debt Total and Total Current Liabilities go up and down completely randomly.

Correlation Coefficient

0.71
Relationship DirectionPositive 
Relationship StrengthSignificant

Short Long Term Debt Total

Total Current Liabilities

Total Current Liabilities is an item on Virpax Pharmaceuticals balance sheet that include short term debt, accounts payable, accrued salaries payable, payroll taxes payable, accrued liabilities and other debts. Total Current Liabilities of Virpax Pharmaceuticals 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.
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

0.640.370.30.970.79-1.0-0.560.721.01.00.45-0.56-0.650.970.850.260.960.021.00.790.970.020.79-0.73-0.21
0.640.710.710.490.73-0.62-0.760.480.640.640.82-0.96-0.250.550.820.830.50.390.640.410.50.390.41-0.91-0.38
0.370.710.990.130.82-0.35-0.940.040.370.370.95-0.67-0.490.290.690.870.110.330.37-0.110.130.33-0.11-0.74-0.9
0.30.710.990.060.76-0.28-0.910.00.310.310.94-0.69-0.40.230.630.880.050.410.3-0.170.060.41-0.17-0.7-0.89
0.970.490.130.060.63-0.97-0.350.740.970.970.24-0.4-0.580.960.740.061.0-0.090.970.881.0-0.090.88-0.580.03
0.790.730.820.760.63-0.78-0.940.270.790.790.82-0.63-0.80.690.950.630.610.160.790.410.630.160.41-0.8-0.68
-1.0-0.62-0.35-0.28-0.97-0.780.55-0.7-1.0-1.0-0.440.530.66-0.97-0.86-0.24-0.970.01-1.0-0.81-0.970.01-0.810.710.18
-0.56-0.76-0.94-0.91-0.35-0.940.55-0.06-0.57-0.57-0.920.680.67-0.43-0.87-0.8-0.34-0.24-0.56-0.18-0.35-0.24-0.180.80.78
0.720.480.040.00.740.27-0.7-0.060.70.70.16-0.45-0.120.80.40.120.76-0.090.710.590.75-0.090.59-0.560.14
1.00.640.370.310.970.79-1.0-0.570.71.00.45-0.56-0.650.970.860.260.960.021.00.80.970.020.8-0.73-0.21
1.00.640.370.310.970.79-1.0-0.570.71.00.45-0.56-0.650.970.860.260.960.021.00.80.970.020.8-0.73-0.21
0.450.820.950.940.240.82-0.44-0.920.160.450.45-0.73-0.480.380.780.950.230.290.450.00.240.290.0-0.78-0.73
-0.56-0.96-0.67-0.69-0.4-0.630.530.68-0.45-0.56-0.56-0.730.06-0.48-0.68-0.75-0.42-0.59-0.55-0.35-0.41-0.59-0.350.830.4
-0.65-0.25-0.49-0.4-0.58-0.80.660.67-0.12-0.65-0.65-0.480.06-0.58-0.73-0.23-0.550.38-0.65-0.38-0.570.38-0.380.480.48
0.970.550.290.230.960.69-0.97-0.430.80.970.970.38-0.48-0.580.750.180.960.010.970.720.960.010.72-0.63-0.17
0.850.820.690.630.740.95-0.86-0.870.40.860.860.78-0.68-0.730.750.640.730.090.850.60.740.090.6-0.85-0.43
0.260.830.870.880.060.63-0.24-0.80.120.260.260.95-0.75-0.230.180.640.050.310.25-0.090.060.31-0.09-0.74-0.58
0.960.50.110.051.00.61-0.97-0.340.760.960.960.23-0.42-0.550.960.730.05-0.080.960.891.0-0.080.89-0.580.05
0.020.390.330.41-0.090.160.01-0.24-0.090.020.020.29-0.590.380.010.090.31-0.080.02-0.14-0.091.0-0.14-0.08-0.33
1.00.640.370.30.970.79-1.0-0.560.711.01.00.45-0.55-0.650.970.850.250.960.020.790.970.020.79-0.72-0.21
0.790.41-0.11-0.170.880.41-0.81-0.180.590.80.80.0-0.35-0.380.720.6-0.090.89-0.140.790.88-0.141.0-0.480.32
0.970.50.130.061.00.63-0.97-0.350.750.970.970.24-0.41-0.570.960.740.061.0-0.090.970.88-0.090.88-0.580.03
0.020.390.330.41-0.090.160.01-0.24-0.090.020.020.29-0.590.380.010.090.31-0.081.00.02-0.14-0.09-0.14-0.08-0.33
0.790.41-0.11-0.170.880.41-0.81-0.180.590.80.80.0-0.35-0.380.720.6-0.090.89-0.140.791.00.88-0.14-0.480.32
-0.73-0.91-0.74-0.7-0.58-0.80.710.8-0.56-0.73-0.73-0.780.830.48-0.63-0.85-0.74-0.58-0.08-0.72-0.48-0.58-0.08-0.480.45
-0.21-0.38-0.9-0.890.03-0.680.180.780.14-0.21-0.21-0.730.40.48-0.17-0.43-0.580.05-0.33-0.210.320.03-0.330.320.45
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Virpax Pharmaceuticals Account Relationship Matchups

Virpax Pharmaceuticals fundamental ratios Accounts

201920202021202220232024 (projected)
Total Assets46.7K465.4K39.6M19.7M9.6M12.7M
Other Current Liab1.5M3.1M2.1M3.1M7.7M8.1M
Total Current Liabilities2.8M3.7M2.1M3.1M7.7M8.1M
Total Stockholder Equity(2.7M)(4.2M)37.5M16.6M1.9M1.8M
Net Debt1.2M1.5M(36.8M)(19.0M)(9.1M)(9.6M)
Retained Earnings(6.3M)(10.6M)(22.7M)(44.4M)(59.5M)(56.6M)
Accounts Payable3.51.0M2.1M1.1K18.4617.54
Cash41.5K54.8K36.8M19.0M9.1M11.9M
Cash And Short Term Investments41.5K54.8K36.8M19.0M9.1M11.9M
Common Stock Shares Outstanding521.5K494.5K1.2M1.2M1.2M1.3M
Liabilities And Stockholders Equity46.7K465.4K39.6M19.7M9.6M12.7M
Other Current Assets467.0535.02.7M678.4K486.8K716.8K
Other Stockholder Equity3.6M6.4M60.2M60.9M61.5M35.6M
Total Liab2.8M4.7M2.1M3.1M7.7M4.0M
Net Invested Capital(1.5M)(2.7M)37.5M16.6M1.9M1.8M
Total Current Assets46.7K73.1K39.6M19.7M9.6M12.7M
Net Working Capital(2.7M)(3.6M)37.5M16.6M1.9M1.8M

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