VSSYW Stock | | | USD 0.06 0.00 0.00% |
Versus Systems financial indicator trend analysis is much more than just breaking down Versus Systems prevalent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Versus Systems is a good investment. Please check the relationship between Versus Systems Cash and its Total Stockholder Equity accounts. Check out
World Market Map to better understand how to build diversified portfolios, which includes a position in Versus Systems. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as
signals in manufacturing.
For more information on how to buy Versus Stock please use our
How to Invest in Versus Systems guide.
Cash vs Total Stockholder Equity
Cash vs Total Stockholder Equity Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of
Versus Systems Cash account and
Total Stockholder Equity. At this time, the significance of the direction appears to have strong relationship.
The correlation between Versus Systems' Cash and Total Stockholder Equity is 0.65. Overlapping area represents the amount of variation of Cash that can explain the historical movement of Total Stockholder Equity in the same time period over historical financial statements of Versus Systems, assuming nothing else is changed. The correlation between historical values of Versus Systems' Cash and Total Stockholder Equity is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Cash of Versus Systems are associated (or correlated) with its Total Stockholder Equity. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Total Stockholder Equity has no effect on the direction of Cash i.e., Versus Systems' Cash and Total Stockholder Equity go up and down completely randomly.
Correlation Coefficient | 0.65 |
Relationship Direction | Positive |
Relationship Strength | Significant |
Cash
Cash refers to the most liquid asset of Versus Systems, which is listed under current asset account on Versus Systems balance sheet and usually includes currency, coins, checking accounts, and not deposited checks received from Versus Systems customers. The amounts must be unrestricted with restricted cash listed in a different Versus Systems account. The total amount of money in the form of currency that a company has in its possession. This includes all bills, coins, and funds in bank accounts.
Total Stockholder Equity
The total equity held by shareholders, calculated as the difference between a company's total assets and total liabilities. It represents the net value of the company owned by shareholders.
Most indicators from Versus Systems' fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Versus Systems 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 Versus Systems. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as
signals in manufacturing.
For more information on how to buy Versus Stock please use our
How to Invest in Versus Systems guide.At this time, Versus Systems'
Issuance Of Capital Stock is fairly stable compared to the past year.
Enterprise Value Over EBITDA is likely to climb to 0.25 in 2024, despite the fact that
Sales General And Administrative To Revenue is likely to grow to
(1.24).
Versus Systems fundamental ratios Correlations
Click cells to compare fundamentals
Versus Systems Account Relationship Matchups
High Positive Relationship
High Negative Relationship
Versus Systems fundamental ratios Accounts
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Additional Tools for Versus Stock Analysis
When running Versus Systems' price analysis, check to
measure Versus Systems' 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 Versus Systems is operating at the current time. Most of Versus Systems' value examination focuses on studying past and present price action to
predict the probability of Versus Systems' future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Versus Systems' price. Additionally, you may evaluate how the addition of Versus Systems to your portfolios can decrease your overall portfolio volatility.