Veritex Inventory vs Net Receivables Analysis
VBTX Stock | USD 20.32 0.18 0.88% |
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 Inventory and its Net Receivables 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.
Inventory vs Net Receivables
Inventory vs Net Receivables Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Veritex Holdings Inventory account and Net Receivables. At this time, the significance of the direction appears to have weak relationship.
The correlation between Veritex Holdings' Inventory and Net Receivables is 0.31. Overlapping area represents the amount of variation of Inventory that can explain the historical movement of Net Receivables 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' Inventory and Net Receivables is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Inventory of Veritex Holdings are associated (or correlated) with its Net Receivables. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Net Receivables has no effect on the direction of Inventory i.e., Veritex Holdings' Inventory and Net Receivables go up and down completely randomly.
Correlation Coefficient | 0.31 |
Relationship Direction | Positive |
Relationship Strength | Very Weak |
Inventory
Net Receivables
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
Click cells to compare fundamentals
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 |
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 Veritex Holdings 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, Veritex Holdings' short interest history, or implied volatility extrapolated from Veritex Holdings options trading.
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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.When determining whether Veritex Holdings offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of Veritex Holdings' 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 Veritex Holdings Stock. Outlined below are crucial reports that will aid in making a well-informed decision on Veritex Holdings Stock: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 Price Exposure Probability module to analyze equity upside and downside potential for a given time horizon across multiple markets.
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When running Veritex Holdings' price analysis, check to measure Veritex Holdings' 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 Veritex Holdings is operating at the current time. Most of Veritex Holdings' value examination focuses on studying past and present price action to predict the probability of Veritex Holdings' future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Veritex Holdings' price. Additionally, you may evaluate how the addition of Veritex Holdings to your portfolios can decrease your overall portfolio volatility.
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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.