Veritex Long Term Debt vs Inventory Analysis

VBTX Stock  USD 20.64  0.32  1.57%   
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 Long Term Debt and its Inventory 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.

Long Term Debt vs Inventory

Long Term Debt vs Inventory Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Veritex Holdings Long Term Debt account and Inventory. At this time, the significance of the direction appears to have fragmental relationship.
The correlation between Veritex Holdings' Long Term Debt and Inventory is 0.44. Overlapping area represents the amount of variation of Long Term Debt that can explain the historical movement of Inventory 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' Long Term Debt and Inventory is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Long Term Debt of Veritex Holdings are associated (or correlated) with its Inventory. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Inventory has no effect on the direction of Long Term Debt i.e., Veritex Holdings' Long Term Debt and Inventory go up and down completely randomly.

Correlation Coefficient

0.44
Relationship DirectionPositive 
Relationship StrengthWeak

Long Term Debt

Long-term debt is a debt that Veritex Holdings has held for over one year. Long-term debt appears on Veritex Holdings balance sheet and also includes long-term leases. The most common forms of long term debt are bonds payable, long-term notes payable, mortgage payable, pension liabilities, and lease liabilities. In the corporate world, long-term debt is generally used to fund big-ticket items, such as machinery, buildings, and land. The total of long-term debt reported on Veritex Holdings balance sheet is the sum of the balances of all categories of long-term debt. Debt that is not due within the current year and is often considered to be financing activities that are to be repaid over several years.

Inventory

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 Profit333.4M422.6M726.9M763.2M
Total Revenue333.4M422.6M726.9M763.2M

Veritex Holdings fundamental ratios Correlations

0.990.66-0.420.970.990.890.980.810.780.630.890.850.430.970.920.920.70.090.350.220.910.50.49-0.191.0
0.990.64-0.380.941.00.911.00.860.790.590.870.90.450.940.870.890.680.140.380.250.930.50.45-0.150.99
0.660.640.10.720.650.370.610.220.060.970.630.39-0.390.760.780.820.07-0.55-0.09-0.060.380.930.150.120.66
-0.42-0.380.1-0.52-0.36-0.44-0.36-0.42-0.63-0.08-0.3-0.2-0.57-0.4-0.43-0.34-0.62-0.26-0.23-0.16-0.50.43-0.910.88-0.44
0.970.940.72-0.520.930.80.920.690.690.750.840.710.290.980.970.950.65-0.090.20.130.830.50.6-0.320.97
0.991.00.65-0.360.930.920.990.860.780.60.870.910.440.930.860.880.650.130.40.260.920.510.45-0.140.98
0.890.910.37-0.440.80.920.930.960.870.320.740.960.660.770.680.690.690.350.480.330.990.250.45-0.20.88
0.981.00.61-0.360.920.990.930.880.810.560.840.920.480.920.850.870.660.150.370.270.930.480.43-0.130.98
0.810.860.22-0.420.690.860.960.880.90.160.650.940.750.650.530.570.650.510.590.390.950.120.45-0.230.8
0.780.790.06-0.630.690.780.870.810.90.040.670.810.890.650.570.540.850.60.570.410.89-0.10.54-0.360.78
0.630.590.97-0.080.750.60.320.560.160.040.590.28-0.40.760.810.820.09-0.61-0.15-0.090.340.830.32-0.080.64
0.890.870.63-0.30.840.870.740.840.650.670.590.740.350.880.830.820.670.20.530.370.770.520.37-0.080.89
0.850.90.39-0.20.710.910.960.920.940.810.280.740.620.720.610.640.610.360.480.350.930.360.210.050.84
0.430.45-0.39-0.570.290.440.660.480.750.89-0.40.350.620.240.150.10.70.810.590.470.67-0.470.38-0.330.42
0.970.940.76-0.40.980.930.770.920.650.650.760.880.720.240.980.970.67-0.090.210.070.80.590.48-0.170.97
0.920.870.78-0.430.970.860.680.850.530.570.810.830.610.150.980.950.61-0.230.060.040.720.580.5-0.210.93
0.920.890.82-0.340.950.880.690.870.570.540.820.820.640.10.970.950.57-0.170.150.010.730.640.47-0.180.92
0.70.680.07-0.620.650.650.690.660.650.850.090.670.610.70.670.610.570.450.40.030.73-0.090.44-0.260.71
0.090.14-0.55-0.26-0.090.130.350.150.510.6-0.610.20.360.81-0.09-0.23-0.170.450.840.540.36-0.530.14-0.170.09
0.350.38-0.09-0.230.20.40.480.370.590.57-0.150.530.480.590.210.060.150.40.840.650.51-0.120.31-0.240.34
0.220.25-0.06-0.160.130.260.330.270.390.41-0.090.370.350.470.070.040.010.030.540.650.37-0.070.22-0.210.22
0.910.930.38-0.50.830.920.990.930.950.890.340.770.930.670.80.720.730.730.360.510.370.230.52-0.270.91
0.50.50.930.430.50.510.250.480.12-0.10.830.520.36-0.470.590.580.64-0.09-0.53-0.12-0.070.23-0.20.460.49
0.490.450.15-0.910.60.450.450.430.450.540.320.370.210.380.480.50.470.440.140.310.220.52-0.2-0.940.51
-0.19-0.150.120.88-0.32-0.14-0.2-0.13-0.23-0.36-0.08-0.080.05-0.33-0.17-0.21-0.18-0.26-0.17-0.24-0.21-0.270.46-0.94-0.21
1.00.990.66-0.440.970.980.880.980.80.780.640.890.840.420.970.930.920.710.090.340.220.910.490.51-0.21
Click cells to compare fundamentals

Veritex Holdings Account Relationship Matchups

Veritex Holdings fundamental ratios Accounts

201920202021202220232024 (projected)
Total Assets8.0B8.8B9.8B12.2B12.4B13.0B
Total Stockholder Equity1.2B1.2B1.3B1.4B1.5B1.6B
Non Current Assets Total1.6B1.7B1.8B566.5M11.8B12.4B
Non Currrent Assets Other(29.1M)(40.7M)(36.6M)(1.5B)284.7M441.6M
Other Assets6.1B5.9B6.6B11.0B12.7B13.3B
Good Will370.7M370.8M403.8M404.5M465.1M488.4M
Common Stock Shares Outstanding54.0M50.0M50.4M54.0M54.6M29.2M
Liabilities And Stockholders Equity8.0B8.8B9.8B12.2B12.4B13.0B
Other Stockholder Equity1.0B974.4M975.2M1.1B1.1B1.2B
Intangible Assets72.3M61.7M66.0M53.2M41.8M27.0M
Short Long Term Debt Total825.8M1.0B1.0B1.4B329.8M451.0M
Total Current Liabilities43.8M61.9M69.2M177.6M7.0B7.4B
Other Liab878K11.3M11.3M10.1M11.6M12.2M
Property Plant And Equipment Net118.5M115.1M109.3M108.8M105.7M71.3M
Net Debt574.2M809.7M625.5M967.7M(299.3M)(284.3M)
Retained Earnings147.9M172.2M275.3M379.3M444.2M466.5M
Accounts Payable43.8M61.9M69.2M177.6M204.2M214.4M
Cash251.6M230.8M379.8M436.1M629.1M660.5M
Long Term Debt147.9M265.0M1.0B1.4B329.8M297.1M
Cash And Short Term Investments251.6M1.3B1.4B558.5M(629.1M)(597.6M)
Net Receivables10.4M6.7B7.3B1.7M2.0M1.9M
Common Stock Total Equity243K549K73.9M560K644K611.8K
Short Term Investments964.4M1.0B993.1M1.1B1.1B548.4M
Non Current Liabilities Total825.8M1.0B1.0B177.6M3.9B4.0B
Inventory(2.4B)(2.7B)6.0M2.3M2.1M2.2M
Other Current Assets267.9M258.7M491.4M437.8M629.1M689.6M
Total Liab6.8B7.6B8.4B10.7B10.9B11.4B
Property Plant And Equipment Gross118.5M133.5M130.8M135.4M137.1M80.2M
Total Current Assets251.6M1.3B1.4B558.5M629.1M375.2M
Accumulated Other Comprehensive Income19.1M56.2M64.1M(69.4M)(63.5M)(60.3M)
Common Stock511K555K560K607K610K348.0K
Property Plant Equipment118.5M115.1M109.3M125.6M144.4M151.6M
Other Current Liab(43.8M)(61.9M)(69.2M)(177.6M)6.9B7.2B
Net Tangible Assets747.7M770.8M845.3M1.0B1.2B1.2B
Retained Earnings Total Equity84.0M147.9M172.2M275.3M316.6M332.4M
Long Term Debt Total16.7M147.9M265.0M227.8M261.9M275.0M
Capital Surpluse449.4M1.1B1.1B1.1B1.3B1.4B
Long Term Investments7.0B1.2B1.2B1.4B1.3B2.1B

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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 Sectors module to list of equity sectors categorizing publicly traded companies based on their primary business activities.

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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.