VirTra Current Deferred Revenue vs Non Current Assets Total Analysis

VTSI Stock

USD 17.45 0.74 4.43%

VirTra financial indicator trend analysis is much more than just breaking down VirTra Inc prevalent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether VirTra Inc is a good investment. Please check the relationship between VirTra Current Deferred Revenue and its Non Current Assets Total accounts. Check out World Market Map to better understand how to build diversified portfolios, which includes a position in VirTra Inc. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in state.

Current Deferred Revenue vs Non Current Assets Total

Current Deferred Revenue vs Non Current Assets Total Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of VirTra Inc Current Deferred Revenue account and Non Current Assets Total. At this time, the significance of the direction appears to have almost identical trend.

The correlation between VirTra's Current Deferred Revenue and Non Current Assets Total is 0.92. Overlapping area represents the amount of variation of Current Deferred Revenue that can explain the historical movement of Non Current Assets Total in the same time period over historical financial statements of VirTra Inc, assuming nothing else is changed. The correlation between historical values of VirTra's Current Deferred Revenue and Non Current Assets Total is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Current Deferred Revenue of VirTra Inc are associated (or correlated) with its Non Current Assets Total. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Non Current Assets Total has no effect on the direction of Current Deferred Revenue i.e., VirTra's Current Deferred Revenue and Non Current Assets Total go up and down completely randomly.

Correlation Coefficient

0.92

Relationship Direction	Positive
Relationship Strength	Very Strong

View All Relationships

Current Deferred Revenue

Revenue that has been collected but not yet earned, typically from prepaid service contracts or subscriptions. This amount is considered a liability until the service is provided or the subscription period ends.

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.

Most indicators from VirTra's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into VirTra 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 VirTra Inc. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in state.

As of now, VirTra's Selling General Administrative is increasing as compared to previous years. The VirTra's current Tax Provision is estimated to increase to about 2.4 M, while Issuance Of Capital Stock is projected to decrease to 0.00.

	2020	2021	2023	2024 (projected)
Total Revenue	19.1M	24.4M	38.0M	39.9M
Depreciation And Amortization	676.5K	899.3K	1.4M	1.5M

Total Revenue Depreciation And Amortization

VirTra fundamental ratios Correlations

	Total Assets	Short Long Term Debt Total	Other Current Liab	Total Current Liabilities	Total Stockholder Equity	Property Plant And Equipment Net	Net Debt	Retained Earnings	Accounts Payable	Cash	Non Current Assets Total	Non Currrent Assets Other	Cash And Short Term Investments	Net Receivables	Common Stock Shares Outstanding	Non Current Liabilities Total	Other Stockholder Equity	Total Liab	Total Current Assets	Short Term Debt	Common Stock	Property Plant Equipment	Current Deferred Revenue	Long Term Debt	Intangible Assets	Common Stock Total Equity
Total Assets		0.95	0.95	0.96	1.0	0.98	-0.91	0.9	0.87	0.96	0.99	0.44	0.96	0.91	0.47	0.97	0.92	0.99	1.0	0.56	-0.56	0.97	0.94	0.95	0.95	-0.59
Short Long Term Debt Total	0.95		0.89	0.84	0.94	0.99	-0.91	0.8	0.74	0.98	0.96	0.35	0.97	0.77	0.46	0.99	0.91	0.95	0.94	0.58	-0.49	0.99	0.84	0.98	0.96	-0.51
Other Current Liab	0.95	0.89		0.94	0.95	0.93	-0.83	0.87	0.88	0.89	0.95	0.35	0.89	0.87	0.42	0.91	0.87	0.96	0.95	0.5	-0.52	0.93	0.91	0.91	0.89	-0.54
Total Current Liabilities	0.96	0.84	0.94		0.94	0.9	-0.81	0.9	0.92	0.85	0.93	0.41	0.85	0.97	0.39	0.88	0.84	0.97	0.96	0.56	-0.5	0.89	0.97	0.85	0.85	-0.53
Total Stockholder Equity	1.0	0.94	0.95	0.94		0.97	-0.92	0.9	0.86	0.96	0.99	0.45	0.97	0.9	0.48	0.96	0.93	0.98	1.0	0.54	-0.58	0.97	0.93	0.94	0.94	-0.61
Property Plant And Equipment Net	0.98	0.99	0.93	0.9	0.97		-0.91	0.84	0.83	0.97	0.98	0.33	0.97	0.84	0.46	0.99	0.93	0.97	0.97	0.58	-0.47	1.0	0.87	0.98	0.94	-0.49
Net Debt	-0.91	-0.91	-0.83	-0.81	-0.92	-0.91		-0.76	-0.67	-0.98	-0.9	-0.35	-0.97	-0.73	-0.58	-0.9	-0.93	-0.88	-0.91	-0.51	0.51	-0.91	-0.83	-0.87	-0.85	0.54
Retained Earnings	0.9	0.8	0.87	0.9	0.9	0.84	-0.76		0.89	0.81	0.89	0.61	0.83	0.89	0.14	0.84	0.69	0.89	0.9	0.48	-0.76	0.83	0.86	0.86	0.86	-0.76
Accounts Payable	0.87	0.74	0.88	0.92	0.86	0.83	-0.67	0.89		0.74	0.85	0.32	0.74	0.93	0.14	0.77	0.7	0.88	0.88	0.54	-0.44	0.82	0.83	0.83	0.73	-0.45
Cash	0.96	0.98	0.89	0.85	0.96	0.97	-0.98	0.81	0.74		0.96	0.36	0.99	0.78	0.52	0.97	0.94	0.94	0.95	0.57	-0.51	0.97	0.86	0.95	0.93	-0.54
Non Current Assets Total	0.99	0.96	0.95	0.93	0.99	0.98	-0.9	0.89	0.85	0.96		0.43	0.97	0.88	0.47	0.98	0.92	0.98	0.99	0.52	-0.58	0.98	0.92	0.96	0.96	-0.6
Non Currrent Assets Other	0.44	0.35	0.35	0.41	0.45	0.33	-0.35	0.61	0.32	0.36	0.43		0.42	0.48	0.12	0.42	0.27	0.43	0.45	0.37	-0.69	0.33	0.45	0.33	0.53	-0.7
Cash And Short Term Investments	0.96	0.97	0.89	0.85	0.97	0.97	-0.97	0.83	0.74	0.99	0.97	0.42		0.79	0.53	0.97	0.94	0.94	0.96	0.54	-0.55	0.97	0.86	0.95	0.95	-0.58
Net Receivables	0.91	0.77	0.87	0.97	0.9	0.84	-0.73	0.89	0.93	0.78	0.88	0.48	0.79		0.33	0.82	0.77	0.93	0.93	0.55	-0.5	0.83	0.93	0.79	0.8	-0.53
Common Stock Shares Outstanding	0.47	0.46	0.42	0.39	0.48	0.46	-0.58	0.14	0.14	0.52	0.47	0.12	0.53	0.33		0.47	0.71	0.44	0.47	0.06	-0.02	0.46	0.46	0.32	0.45	-0.1
Non Current Liabilities Total	0.97	0.99	0.91	0.88	0.96	0.99	-0.9	0.84	0.77	0.97	0.98	0.42	0.97	0.82	0.47		0.91	0.97	0.96	0.58	-0.52	0.99	0.88	0.97	0.98	-0.54
Other Stockholder Equity	0.92	0.91	0.87	0.84	0.93	0.93	-0.93	0.69	0.7	0.94	0.92	0.27	0.94	0.77	0.71	0.91		0.9	0.92	0.47	-0.36	0.93	0.84	0.86	0.86	-0.42
Total Liab	0.99	0.95	0.96	0.97	0.98	0.97	-0.88	0.89	0.88	0.94	0.98	0.43	0.94	0.93	0.44	0.97	0.9		0.99	0.59	-0.53	0.97	0.95	0.94	0.94	-0.56
Total Current Assets	1.0	0.94	0.95	0.96	1.0	0.97	-0.91	0.9	0.88	0.95	0.99	0.45	0.96	0.93	0.47	0.96	0.92	0.99		0.57	-0.55	0.97	0.95	0.94	0.94	-0.58
Short Term Debt	0.56	0.58	0.5	0.56	0.54	0.58	-0.51	0.48	0.54	0.57	0.52	0.37	0.54	0.55	0.06	0.58	0.47	0.59	0.57		0.01	0.57	0.51	0.57	0.51	0.01
Common Stock	-0.56	-0.49	-0.52	-0.5	-0.58	-0.47	0.51	-0.76	-0.44	-0.51	-0.58	-0.69	-0.55	-0.5	-0.02	-0.52	-0.36	-0.53	-0.55	0.01		-0.47	-0.56	-0.51	-0.62	1.0
Property Plant Equipment	0.97	0.99	0.93	0.89	0.97	1.0	-0.91	0.83	0.82	0.97	0.98	0.33	0.97	0.83	0.46	0.99	0.93	0.97	0.97	0.57	-0.47		0.87	0.98	0.94	-0.49
Current Deferred Revenue	0.94	0.84	0.91	0.97	0.93	0.87	-0.83	0.86	0.83	0.86	0.92	0.45	0.86	0.93	0.46	0.88	0.84	0.95	0.95	0.51	-0.56	0.87		0.81	0.85	-0.59
Long Term Debt	0.95	0.98	0.91	0.85	0.94	0.98	-0.87	0.86	0.83	0.95	0.96	0.33	0.95	0.79	0.32	0.97	0.86	0.94	0.94	0.57	-0.51	0.98	0.81		0.94	-0.52
Intangible Assets	0.95	0.96	0.89	0.85	0.94	0.94	-0.85	0.86	0.73	0.93	0.96	0.53	0.95	0.8	0.45	0.98	0.86	0.94	0.94	0.51	-0.62	0.94	0.85	0.94		-0.64
Common Stock Total Equity	-0.59	-0.51	-0.54	-0.53	-0.61	-0.49	0.54	-0.76	-0.45	-0.54	-0.6	-0.7	-0.58	-0.53	-0.1	-0.54	-0.42	-0.56	-0.58	0.01	1.0	-0.49	-0.59	-0.52	-0.64

Click cells to compare fundamentals

VirTra Account Relationship Matchups

VirTra fundamental ratios Accounts

	2019	2020	2021	2022	2023	2024 (projected)
Total Assets	15.2M	17.5M	22.8M	49.6M	69.6M	73.1M
Short Long Term Debt Total	11.3K	1.5M	2.5M	9.4M	8.8M	9.2M
Other Current Liab	946.2K	1.6M	5.1M	2.1M	6.2M	6.5M
Total Current Liabilities	3.6M	4.4M	7.3M	7.6M	15.8M	16.5M
Total Stockholder Equity	10.6M	10.2M	11.7M	31.2M	42.6M	44.8M
Property Plant And Equipment Net	678.2K	2.4M	2.5M	13.6M	16.2M	17.0M
Net Debt	(2.5M)	57.0K	(4.3M)	(10.3M)	(10.1M)	(9.6M)
Retained Earnings	(3.6M)	(3.7M)	(2.2M)	304.2K	10.7M	11.2M
Accounts Payable	429.9K	621.1K	345.6K	789.4K	2.3M	2.4M
Cash	2.5M	1.4M	6.8M	19.7M	18.8M	19.8M
Non Current Assets Total	4.8M	5.9M	5.2M	16.1M	20.6M	21.7M
Non Currrent Assets Other	292.3K	662.1K	500.1K	189.7K	237.4K	249.2K
Cash And Short Term Investments	6.0M	3.3M	6.8M	19.7M	18.8M	19.8M
Net Receivables	5.9M	6.8M	3.9M	7.8M	16.8M	17.7M
Common Stock Shares Outstanding	7.7M	7.8M	10.8M	10.1M	11.0M	6.8M
Liabilities And Stockholders Equity	15.2M	17.5M	22.8M	49.6M	69.6M	73.1M
Non Current Liabilities Total	1.0M	2.9M	3.8M	10.8M	11.3M	11.8M
Other Stockholder Equity	16.2M	13.9M	13.9M	30.9M	32.0M	33.6M
Total Liab	4.6M	7.3M	11.1M	18.3M	27.0M	28.4M
Total Current Assets	10.4M	11.5M	17.5M	33.5M	49.0M	51.4M
Common Stock	783.0	775.0	778.0	1.1K	1.1K	1.1K
Property Plant Equipment	678.2K	2.4M	2.5M	13.6M	15.7M	16.5M
Current Deferred Revenue	1.9M	2.5M	4.7M	4.1M	6.7M	7.1M
Common Stock Total Equity	793.0	783.0	775.0	778.0	700.2	665.19
Property Plant And Equipment Gross	2.4M	2.5M	16.8M	20.5M	23.5M	24.7M
Other Assets	2.5M	2.5M	1.9M	1.0	1.15	1.09
Inventory	1.6M	1.9M	3.5M	5.0M	12.4M	13.0M
Other Current Assets	377.5K	354.0K	382.4K	940.9K	906.8K	952.1K
Other Liab	1.0M	1.7M	1.9M	2.0M	2.3M	2.4M
Net Tangible Assets	10.6M	10.0M	11.4M	30.7M	35.3M	37.1M
Capital Surpluse	15.0M	14.3M	13.9M	13.9M	16.0M	15.5M

Some investors attempt to determine whether the market's mood is bullish or bearish by monitoring changes in market sentiment. Unlike more traditional methods such as technical analysis, investor sentiment usually refers to the aggregate attitude towards VirTra in the overall investment community. So, suppose investors can accurately measure the market's sentiment. In that case, they can use it for their benefit. For example, some tools to gauge market sentiment could be utilized using contrarian indexes, VirTra's short interest history, or implied volatility extrapolated from VirTra options trading.

Also Currently Popular

Analyzing currently trending equities could be an opportunity to develop a better portfolio based on different market momentums that they can trigger. Utilizing the top trending stocks is also useful when creating a market-neutral strategy or pair trading technique involving a short or a long position in a currently trending equity.

XERS	Xeris Pharmaceuticals
IGM	iShares Expanded Tech
QCOM	Qualcomm Incorporated

When determining whether VirTra Inc offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of VirTra's financial statements, including income statements, balance sheets, and cash flow statements, to assess its financial health. Key financial ratios are used to gauge profitability, efficiency, and growth potential of Virtra Inc Stock. Outlined below are crucial reports that will aid in making a well-informed decision on Virtra Inc Stock:

How To Invest In VirTra

Details

Is VirTra Stock a good investment?

Details

What is VirTra's Net Worth?

Details

Largest Aerospace & Defense Companies

View

Largest Industrials Companies

View

Check out World Market Map to better understand how to build diversified portfolios, which includes a position in VirTra Inc. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in state.

You can also try the Earnings Calls module to check upcoming earnings announcements updated hourly across public exchanges.

Complementary Tools for VirTra Stock analysis

When running VirTra's price analysis, check to measure VirTra'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 VirTra is operating at the current time. Most of VirTra's value examination focuses on studying past and present price action to predict the probability of VirTra's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move VirTra's price. Additionally, you may evaluate how the addition of VirTra to your portfolios can decrease your overall portfolio volatility.

	Stock Screener Find equities using a custom stock filter or screen asymmetry in trading patterns, price, volume, or investment outlook.
	Economic Indicators Top statistical indicators that provide insights into how an economy is performing
	Portfolio Dashboard Portfolio dashboard that provides centralized access to all your investments
	Commodity Channel Use Commodity Channel Index to analyze current equity momentum
	Content Syndication Quickly integrate customizable finance content to your own investment portal
	Portfolio Rebalancing Analyze risk-adjusted returns against different time horizons to find asset-allocation targets
	Premium Stories Follow Macroaxis premium stories from verified contributors across different equity types, categories and coverage scope
	Portfolio Analyzer Portfolio analysis module that provides access to portfolio diagnostics and optimization engine
	Earnings Calls Check upcoming earnings announcements updated hourly across public exchanges
	Volatility Analysis Get historical volatility and risk analysis based on latest market data
	Headlines Timeline Stay connected to all market stories and filter out noise. Drill down to analyze hype elasticity
	Stocks Directory Find actively traded stocks across global markets

Is VirTra's 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 VirTra. If investors know VirTra 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 VirTra 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

0.976

Earnings Share

0.77

Revenue Per Share

3.472

Quarterly Revenue Growth

0.17

Return On Assets

0.0976

The market value of VirTra Inc is measured differently than its book value, which is the value of VirTra that is recorded on the company's balance sheet. Investors also form their own opinion of VirTra's value that differs from its market value or its book value, called intrinsic value, which is VirTra's 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 VirTra's market value can be influenced by many factors that don't directly affect VirTra's 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 VirTra's value and its price as these two are different measures arrived at by different means. Investors typically determine if VirTra is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, VirTra's 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.

Macroaxis helps investors of all levels and skills to maximize the upside of all their holdings and minimize the risk associated with market volatility, economic swings, and company-specific events. View terms and conditions

Feedback Blog

Made with optimal in San Francisco

2024 Macroaxis LLC

VirTra Current Deferred Revenue vs Non Current Assets Total Analysis

Current Deferred Revenue vs Non Current Assets Total

Current Deferred Revenue vs Non Current Assets Total Correlation Analysis

Correlation Coefficient

Current Deferred Revenue

Non Current Assets Total

VirTra fundamental ratios Correlations

VirTra Account Relationship Matchups

High Positive Relationship

High Negative Relationship

VirTra fundamental ratios Accounts

Also Currently Popular

Complementary Tools for VirTra Stock analysis

COMMON DESTINATIONS

MAIN CATEGORIES

COMPANY

Total Stockholder Equity	+ 1.0	Total Assets
Total Current Assets	+ 1.0	Total Assets
Total Current Assets	+ 1.0	Total Stockholder Equity
Property Plant Equipment	+ 1.0	Property Plant And Equipment Net
Common Stock Total Equity	+ 1.0	Common Stock
Non Current Assets Total	+ 0.99	Total Assets

Cash	- 0.98	Net Debt
Cash And Short Term Investments	- 0.97	Net Debt
Other Stockholder Equity	- 0.93	Net Debt
Net Debt	- 0.92	Total Stockholder Equity
Property Plant Equipment	- 0.91	Net Debt
Total Current Assets	- 0.91	Net Debt