VirTra Short Long Term Debt Total vs Other Current Liab Analysis

VTSI Stock  USD 16.78  0.07  0.42%   
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 Short Long Term Debt Total and its Other Current Liab 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.

Short Long Term Debt Total vs Other Current Liab

Short Long Term Debt Total vs Other Current Liab Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of VirTra Inc Short Long Term Debt Total account and Other Current Liab. At this time, the significance of the direction appears to have very strong relationship.
The correlation between VirTra's Short Long Term Debt Total and Other Current Liab is 0.89. Overlapping area represents the amount of variation of Short Long Term Debt Total that can explain the historical movement of Other Current Liab 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 Short Long Term Debt Total and Other Current Liab 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 VirTra Inc are associated (or correlated) with its Other Current Liab. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Other Current Liab has no effect on the direction of Short Long Term Debt Total i.e., VirTra's Short Long Term Debt Total and Other Current Liab go up and down completely randomly.

Correlation Coefficient

0.89
Relationship DirectionPositive 
Relationship StrengthStrong

Short Long Term Debt Total

Other Current Liab

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 Revenue19.1M24.4M38.0M39.9M
Depreciation And Amortization676.5K899.3K1.4M1.5M

VirTra fundamental ratios Correlations

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0.950.890.840.940.99-0.910.80.740.980.960.350.970.770.460.990.910.950.940.58-0.490.990.840.980.96-0.51
0.950.890.940.950.93-0.830.870.880.890.950.350.890.870.420.910.870.960.950.5-0.520.930.910.910.89-0.54
0.960.840.940.940.9-0.810.90.920.850.930.410.850.970.390.880.840.970.960.56-0.50.890.970.850.85-0.53
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0.980.990.930.90.97-0.910.840.830.970.980.330.970.840.460.990.930.970.970.58-0.471.00.870.980.94-0.49
-0.91-0.91-0.83-0.81-0.92-0.91-0.76-0.67-0.98-0.9-0.35-0.97-0.73-0.58-0.9-0.93-0.88-0.91-0.510.51-0.91-0.83-0.87-0.850.54
0.90.80.870.90.90.84-0.760.890.810.890.610.830.890.140.840.690.890.90.48-0.760.830.860.860.86-0.76
0.870.740.880.920.860.83-0.670.890.740.850.320.740.930.140.770.70.880.880.54-0.440.820.830.830.73-0.45
0.960.980.890.850.960.97-0.980.810.740.960.360.990.780.520.970.940.940.950.57-0.510.970.860.950.93-0.54
0.990.960.950.930.990.98-0.90.890.850.960.430.970.880.470.980.920.980.990.52-0.580.980.920.960.96-0.6
0.440.350.350.410.450.33-0.350.610.320.360.430.420.480.120.420.270.430.450.37-0.690.330.450.330.53-0.7
0.960.970.890.850.970.97-0.970.830.740.990.970.420.790.530.970.940.940.960.54-0.550.970.860.950.95-0.58
0.910.770.870.970.90.84-0.730.890.930.780.880.480.790.330.820.770.930.930.55-0.50.830.930.790.8-0.53
0.470.460.420.390.480.46-0.580.140.140.520.470.120.530.330.470.710.440.470.06-0.020.460.460.320.45-0.1
0.970.990.910.880.960.99-0.90.840.770.970.980.420.970.820.470.910.970.960.58-0.520.990.880.970.98-0.54
0.920.910.870.840.930.93-0.930.690.70.940.920.270.940.770.710.910.90.920.47-0.360.930.840.860.86-0.42
0.990.950.960.970.980.97-0.880.890.880.940.980.430.940.930.440.970.90.990.59-0.530.970.950.940.94-0.56
1.00.940.950.961.00.97-0.910.90.880.950.990.450.960.930.470.960.920.990.57-0.550.970.950.940.94-0.58
0.560.580.50.560.540.58-0.510.480.540.570.520.370.540.550.060.580.470.590.570.010.570.510.570.510.01
-0.56-0.49-0.52-0.5-0.58-0.470.51-0.76-0.44-0.51-0.58-0.69-0.55-0.5-0.02-0.52-0.36-0.53-0.550.01-0.47-0.56-0.51-0.621.0
0.970.990.930.890.971.0-0.910.830.820.970.980.330.970.830.460.990.930.970.970.57-0.470.870.980.94-0.49
0.940.840.910.970.930.87-0.830.860.830.860.920.450.860.930.460.880.840.950.950.51-0.560.870.810.85-0.59
0.950.980.910.850.940.98-0.870.860.830.950.960.330.950.790.320.970.860.940.940.57-0.510.980.810.94-0.52
0.950.960.890.850.940.94-0.850.860.730.930.960.530.950.80.450.980.860.940.940.51-0.620.940.850.94-0.64
-0.59-0.51-0.54-0.53-0.61-0.490.54-0.76-0.45-0.54-0.6-0.7-0.58-0.53-0.1-0.54-0.42-0.56-0.580.011.0-0.49-0.59-0.52-0.64
Click cells to compare fundamentals

VirTra Account Relationship Matchups

VirTra fundamental ratios Accounts

201920202021202220232024 (projected)
Total Assets15.2M17.5M22.8M49.6M69.6M73.1M
Short Long Term Debt Total11.3K1.5M2.5M9.4M8.8M9.2M
Other Current Liab946.2K1.6M5.1M2.1M6.2M6.5M
Total Current Liabilities3.6M4.4M7.3M7.6M15.8M16.5M
Total Stockholder Equity10.6M10.2M11.7M31.2M42.6M44.8M
Property Plant And Equipment Net678.2K2.4M2.5M13.6M16.2M17.0M
Net Debt(2.5M)57.0K(4.3M)(10.3M)(10.1M)(9.6M)
Retained Earnings(3.6M)(3.7M)(2.2M)304.2K10.7M11.2M
Accounts Payable429.9K621.1K345.6K789.4K2.3M2.4M
Cash2.5M1.4M6.8M19.7M18.8M19.8M
Non Current Assets Total4.8M5.9M5.2M16.1M20.6M21.7M
Non Currrent Assets Other292.3K662.1K500.1K189.7K237.4K249.2K
Cash And Short Term Investments6.0M3.3M6.8M19.7M18.8M19.8M
Net Receivables5.9M6.8M3.9M7.8M16.8M17.7M
Common Stock Shares Outstanding7.7M7.8M10.8M10.1M11.0M6.8M
Liabilities And Stockholders Equity15.2M17.5M22.8M49.6M69.6M73.1M
Non Current Liabilities Total1.0M2.9M3.8M10.8M11.3M11.8M
Other Stockholder Equity16.2M13.9M13.9M30.9M32.0M33.6M
Total Liab4.6M7.3M11.1M18.3M27.0M28.4M
Total Current Assets10.4M11.5M17.5M33.5M49.0M51.4M
Common Stock783.0775.0778.01.1K1.1K1.1K
Property Plant Equipment678.2K2.4M2.5M13.6M15.7M16.5M
Current Deferred Revenue1.9M2.5M4.7M4.1M6.7M7.1M
Common Stock Total Equity793.0783.0775.0778.0700.2665.19
Property Plant And Equipment Gross2.4M2.5M16.8M20.5M23.5M24.7M
Other Assets2.5M2.5M1.9M1.01.151.09
Inventory1.6M1.9M3.5M5.0M12.4M13.0M
Other Current Assets377.5K354.0K382.4K940.9K906.8K952.1K
Other Liab1.0M1.7M1.9M2.0M2.3M2.4M
Net Tangible Assets10.6M10.0M11.4M30.7M35.3M37.1M
Capital Surpluse15.0M14.3M13.9M13.9M16.0M15.5M

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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:
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.
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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.