Veritex Non Current Assets Total vs Total Stockholder Equity Analysis
VBTX Stock | USD 20.51 0.76 3.57% |
Veritex Holdings financial indicator trend analysis is much more than just breaking down Veritex Holdings prevalent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Veritex Holdings is a good investment. Please check the relationship between Veritex Holdings Non Current Assets Total and its Total Stockholder Equity accounts. Check out World Market Map to better understand how to build diversified portfolios, which includes a position in Veritex Holdings. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in estimate. For more information on how to buy Veritex Stock please use our How to Invest in Veritex Holdings guide.
Non Current Assets Total vs Total Stockholder Equity
Non Current Assets Total vs Total Stockholder Equity Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Veritex Holdings Non Current Assets Total account and Total Stockholder Equity. At this time, the significance of the direction appears to have strong relationship.
The correlation between Veritex Holdings' Non Current Assets Total and Total Stockholder Equity is 0.64. Overlapping area represents the amount of variation of Non Current Assets Total that can explain the historical movement of Total Stockholder Equity in the same time period over historical financial statements of Veritex Holdings, assuming nothing else is changed. The correlation between historical values of Veritex Holdings' Non Current Assets Total 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 Non Current Assets Total of Veritex Holdings 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 Non Current Assets Total i.e., Veritex Holdings' Non Current Assets Total and Total Stockholder Equity go up and down completely randomly.
Correlation Coefficient | 0.64 |
Relationship Direction | Positive |
Relationship Strength | Significant |
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 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 Veritex Holdings' fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Veritex Holdings 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 Veritex Holdings. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in estimate. For more information on how to buy Veritex Stock please use our How to Invest in Veritex Holdings guide.At this time, Veritex Holdings' Selling General Administrative is fairly stable compared to the past year. Enterprise Value is likely to rise to about 104.7 M in 2024, whereas Tax Provision is likely to drop slightly above 23.6 M in 2024.
2021 | 2022 | 2023 | 2024 (projected) | Gross Profit | 333.4M | 422.6M | 726.9M | 763.2M | Total Revenue | 333.4M | 422.6M | 726.9M | 763.2M |
Veritex Holdings fundamental ratios Correlations
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Veritex Holdings Account Relationship Matchups
High Positive Relationship
High Negative Relationship
Veritex Holdings fundamental ratios Accounts
2019 | 2020 | 2021 | 2022 | 2023 | 2024 (projected) | ||
Total Assets | 8.0B | 8.8B | 9.8B | 12.2B | 12.4B | 13.0B | |
Total Stockholder Equity | 1.2B | 1.2B | 1.3B | 1.4B | 1.5B | 1.6B | |
Non Current Assets Total | 1.6B | 1.7B | 1.8B | 566.5M | 11.8B | 12.4B | |
Non Currrent Assets Other | (29.1M) | (40.7M) | (36.6M) | (1.5B) | 284.7M | 441.6M | |
Other Assets | 6.1B | 5.9B | 6.6B | 11.0B | 12.7B | 13.3B | |
Good Will | 370.7M | 370.8M | 403.8M | 404.5M | 465.1M | 488.4M | |
Common Stock Shares Outstanding | 54.0M | 50.0M | 50.4M | 54.0M | 54.6M | 29.2M | |
Liabilities And Stockholders Equity | 8.0B | 8.8B | 9.8B | 12.2B | 12.4B | 13.0B | |
Other Stockholder Equity | 1.0B | 974.4M | 975.2M | 1.1B | 1.1B | 1.2B | |
Intangible Assets | 72.3M | 61.7M | 66.0M | 53.2M | 41.8M | 27.0M | |
Short Long Term Debt Total | 825.8M | 1.0B | 1.0B | 1.4B | 329.8M | 451.0M | |
Total Current Liabilities | 43.8M | 61.9M | 69.2M | 177.6M | 7.0B | 7.4B | |
Other Liab | 878K | 11.3M | 11.3M | 10.1M | 11.6M | 12.2M | |
Property Plant And Equipment Net | 118.5M | 115.1M | 109.3M | 108.8M | 105.7M | 71.3M | |
Net Debt | 574.2M | 809.7M | 625.5M | 967.7M | (299.3M) | (284.3M) | |
Retained Earnings | 147.9M | 172.2M | 275.3M | 379.3M | 444.2M | 466.5M | |
Accounts Payable | 43.8M | 61.9M | 69.2M | 177.6M | 204.2M | 214.4M | |
Cash | 251.6M | 230.8M | 379.8M | 436.1M | 629.1M | 660.5M | |
Long Term Debt | 147.9M | 265.0M | 1.0B | 1.4B | 329.8M | 297.1M | |
Cash And Short Term Investments | 251.6M | 1.3B | 1.4B | 558.5M | (629.1M) | (597.6M) | |
Net Receivables | 10.4M | 6.7B | 7.3B | 1.7M | 2.0M | 1.9M | |
Common Stock Total Equity | 243K | 549K | 73.9M | 560K | 644K | 611.8K | |
Short Term Investments | 964.4M | 1.0B | 993.1M | 1.1B | 1.1B | 548.4M | |
Non Current Liabilities Total | 825.8M | 1.0B | 1.0B | 177.6M | 3.9B | 4.0B | |
Inventory | (2.4B) | (2.7B) | 6.0M | 2.3M | 2.1M | 2.2M | |
Other Current Assets | 267.9M | 258.7M | 491.4M | 437.8M | 629.1M | 689.6M | |
Total Liab | 6.8B | 7.6B | 8.4B | 10.7B | 10.9B | 11.4B | |
Property Plant And Equipment Gross | 118.5M | 133.5M | 130.8M | 135.4M | 137.1M | 80.2M | |
Total Current Assets | 251.6M | 1.3B | 1.4B | 558.5M | 629.1M | 375.2M | |
Accumulated Other Comprehensive Income | 19.1M | 56.2M | 64.1M | (69.4M) | (63.5M) | (60.3M) | |
Common Stock | 511K | 555K | 560K | 607K | 610K | 348.0K | |
Property Plant Equipment | 118.5M | 115.1M | 109.3M | 125.6M | 144.4M | 151.6M | |
Other Current Liab | (43.8M) | (61.9M) | (69.2M) | (177.6M) | 6.9B | 7.2B | |
Net Tangible Assets | 747.7M | 770.8M | 845.3M | 1.0B | 1.2B | 1.2B | |
Retained Earnings Total Equity | 84.0M | 147.9M | 172.2M | 275.3M | 316.6M | 332.4M | |
Long Term Debt Total | 16.7M | 147.9M | 265.0M | 227.8M | 261.9M | 275.0M | |
Capital Surpluse | 449.4M | 1.1B | 1.1B | 1.1B | 1.3B | 1.4B | |
Long Term Investments | 7.0B | 1.2B | 1.2B | 1.4B | 1.3B | 2.1B |
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Check out World Market Map to better understand how to build diversified portfolios, which includes a position in Veritex Holdings. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in estimate. For more information on how to buy Veritex Stock please use our How to Invest in Veritex Holdings guide.You can also try the Money Managers module to screen money managers from public funds and ETFs managed around the world.
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Is Veritex Holdings' industry expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of Veritex Holdings. If investors know Veritex will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about Veritex Holdings listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Quarterly Earnings Growth (0.37) | Dividend Share 0.8 | Earnings Share 1.72 | Revenue Per Share 6.722 | Quarterly Revenue Growth (0.12) |
The market value of Veritex Holdings is measured differently than its book value, which is the value of Veritex that is recorded on the company's balance sheet. Investors also form their own opinion of Veritex Holdings' value that differs from its market value or its book value, called intrinsic value, which is Veritex Holdings' true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because Veritex Holdings' market value can be influenced by many factors that don't directly affect Veritex Holdings' underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between Veritex Holdings' value and its price as these two are different measures arrived at by different means. Investors typically determine if Veritex Holdings is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Veritex Holdings' price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.