Voyageur Book Value Per Share vs Roic Analysis

VM Stock  CAD 0.07  0.01  8.33%   
Voyageur Pharmaceuticals financial indicator trend analysis is much more than just breaking down Voyageur Pharmaceuticals prevalent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Voyageur Pharmaceuticals is a good investment. Please check the relationship between Voyageur Pharmaceuticals Book Value Per Share and its Roic accounts. Check out World Market Map to better understand how to build diversified portfolios, which includes a position in Voyageur Pharmaceuticals. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in board of governors.

Book Value Per Share vs Roic

Book Value Per Share vs Roic Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Voyageur Pharmaceuticals Book Value Per Share account and Roic. At this time, the significance of the direction appears to have weak contrarian relationship.
The correlation between Voyageur Pharmaceuticals' Book Value Per Share and Roic is -0.11. Overlapping area represents the amount of variation of Book Value Per Share that can explain the historical movement of Roic in the same time period over historical financial statements of Voyageur Pharmaceuticals, assuming nothing else is changed. The correlation between historical values of Voyageur Pharmaceuticals' Book Value Per Share and Roic is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Book Value Per Share of Voyageur Pharmaceuticals are associated (or correlated) with its Roic. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Roic has no effect on the direction of Book Value Per Share i.e., Voyageur Pharmaceuticals' Book Value Per Share and Roic go up and down completely randomly.

Correlation Coefficient

-0.11
Relationship DirectionNegative 
Relationship StrengthInsignificant

Book Value Per Share

The ratio of equity available to common shareholders divided by the number of outstanding shares. This measure represents the value per share of a company according to its financial statements.

Roic

Return on Invested Capital, a profitability ratio that measures the return that an investment generates for those who have provided capital, such as debt holders and equity holders.
Most indicators from Voyageur Pharmaceuticals' fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Voyageur Pharmaceuticals 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 Voyageur Pharmaceuticals. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in board of governors.
At this time, Voyageur Pharmaceuticals' Selling General Administrative is fairly stable compared to the past year. Enterprise Value Over EBITDA is likely to climb to 11.97 in 2024, whereas Issuance Of Capital Stock is likely to drop slightly above 1.2 M in 2024.

Voyageur Pharmaceuticals fundamental ratios Correlations

0.760.930.1-0.03-0.030.480.950.70.15-0.940.920.680.940.380.310.920.780.40.510.940.91-0.87-0.88-0.040.89
0.760.50.45-0.28-0.280.670.720.97-0.08-0.70.550.480.590.570.660.840.920.190.590.630.89-0.82-0.760.470.85
0.930.5-0.150.160.160.240.870.40.3-0.890.930.580.950.240.10.820.520.530.380.910.79-0.77-0.83-0.280.76
0.10.45-0.15-0.96-0.960.260.310.47-0.88-0.250.130.460.13-0.020.10.280.50.070.310.230.25-0.31-0.230.430.33
-0.03-0.280.16-0.961.0-0.14-0.27-0.310.950.23-0.13-0.53-0.130.170.11-0.21-0.37-0.01-0.3-0.22-0.150.160.12-0.19-0.18
-0.03-0.280.16-0.961.0-0.14-0.27-0.310.950.23-0.13-0.53-0.130.170.11-0.21-0.37-0.01-0.3-0.22-0.150.160.12-0.19-0.18
0.480.670.240.26-0.14-0.140.360.750.12-0.290.150.30.280.410.570.460.74-0.140.70.270.52-0.48-0.330.260.52
0.950.720.870.31-0.27-0.270.360.66-0.13-0.980.960.820.950.20.140.920.770.40.460.990.88-0.84-0.85-0.060.85
0.70.970.40.47-0.31-0.310.750.66-0.12-0.630.460.520.510.550.670.780.94-0.010.560.560.83-0.71-0.610.450.76
0.15-0.080.3-0.880.950.950.12-0.13-0.120.11-0.04-0.440.010.320.28-0.04-0.170.060.01-0.10.03-0.03-0.07-0.140.01
-0.94-0.7-0.89-0.250.230.23-0.29-0.98-0.630.11-0.96-0.8-0.96-0.24-0.14-0.94-0.72-0.42-0.44-0.98-0.90.820.850.12-0.83
0.920.550.930.13-0.13-0.130.150.960.46-0.04-0.960.750.970.12-0.010.860.590.510.330.980.8-0.77-0.83-0.210.77
0.680.480.580.46-0.53-0.530.30.820.52-0.44-0.80.750.74-0.04-0.10.710.61-0.020.450.820.63-0.45-0.45-0.340.48
0.940.590.950.13-0.13-0.130.280.950.510.01-0.960.970.740.220.080.890.670.510.440.970.84-0.81-0.85-0.230.81
0.380.570.24-0.020.170.170.410.20.550.32-0.240.12-0.040.220.940.40.550.10.290.140.51-0.49-0.440.380.51
0.310.660.10.10.110.110.570.140.670.28-0.14-0.01-0.10.080.940.340.59-0.020.350.040.47-0.46-0.380.590.49
0.920.840.820.28-0.21-0.210.460.920.78-0.04-0.940.860.710.890.40.340.820.380.530.890.99-0.86-0.850.040.88
0.780.920.520.5-0.37-0.370.740.770.94-0.17-0.720.590.610.670.550.590.820.130.560.680.86-0.8-0.70.310.84
0.40.190.530.07-0.01-0.01-0.140.4-0.010.06-0.420.51-0.020.510.1-0.020.380.130.050.440.36-0.66-0.70.190.6
0.510.590.380.31-0.3-0.30.70.460.560.01-0.440.330.450.440.290.350.530.560.050.430.53-0.46-0.51-0.030.48
0.940.630.910.23-0.22-0.220.270.990.56-0.1-0.980.980.820.970.140.040.890.680.440.430.84-0.8-0.83-0.180.8
0.910.890.790.25-0.15-0.150.520.880.830.03-0.90.80.630.840.510.470.990.860.360.530.84-0.88-0.860.130.9
-0.87-0.82-0.77-0.310.160.16-0.48-0.84-0.71-0.030.82-0.77-0.45-0.81-0.49-0.46-0.86-0.8-0.66-0.46-0.8-0.880.96-0.34-1.0
-0.88-0.76-0.83-0.230.120.12-0.33-0.85-0.61-0.070.85-0.83-0.45-0.85-0.44-0.38-0.85-0.7-0.7-0.51-0.83-0.860.96-0.21-0.95
-0.040.47-0.280.43-0.19-0.190.26-0.060.45-0.140.12-0.21-0.34-0.230.380.590.040.310.19-0.03-0.180.13-0.34-0.210.35
0.890.850.760.33-0.18-0.180.520.850.760.01-0.830.770.480.810.510.490.880.840.60.480.80.9-1.0-0.950.35
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Voyageur Pharmaceuticals Account Relationship Matchups

Voyageur Pharmaceuticals fundamental ratios Accounts

201920202021202220232024 (projected)
Total Assets1.3M2.6M2.1M2.2M2.5M2.6M
Total Current Liabilities910.3K621.1K591.3K673.9K775.0K418.5K
Total Stockholder Equity306.3K1.9M1.5M1.4M1.7M1.7M
Net Debt265.4K(770.9K)(6.0K)37.9K43.6K45.8K
Cash3.0K813.0K31.6K2.1K1.9K1.8K
Cash And Short Term Investments3.0K813.0K31.6K2.1K1.9K1.8K
Net Receivables12.7K41.5K23.9K35.9K41.3K35.5K
Common Stock Shares Outstanding70.5M94.7M107.8M130.5M150.1M157.6M
Liabilities And Stockholders Equity1.3M2.6M2.1M2.2M2.5M2.6M
Total Liab968.8K660.6K630.8K727.9K837.1K484.9K
Total Current Assets25.5K887.3K157.2K88.6K101.9K96.8K
Retained Earnings(3.9M)(6.0M)(7.7M)(9.1M)(8.2M)(7.8M)
Other Stockholder Equity791.1K1.6M1.6M1.9M2.1M2.2M
Other Current Liab49.1K24.0K1.0673.7K774.7K813.4K
Net Tangible Assets515.7K754.1K306.3K1.9M2.2M2.3M
Property Plant And Equipment Net1.2M1.7M1.9M5.8K6.7K6.4K
Accounts Payable662.4K584.7K591.3K218.01250.71238.18
Non Current Assets Total1.2M1.7M1.9M2.1M2.4M1.3M
Other Current Assets12.6723.1K91.4K76.2K87.7K61.2K
Common Stock3.4M6.3M7.6M8.7M10.0M10.5M
Property Plant Equipment1.0M1.2M1.2M1.7M1.9M974.4K
Non Current Liabilities Total38.1K58.5K39.5K54K48.6K46.2K
Short Long Term Debt Total268.4K42.1K25.5K40K36K34.2K
Net Invested Capital545.3K1.9M1.5M1.5M1.7M1.1M
Net Working Capital(884.8K)266.2K(434.1K)(585.2K)(673.0K)(706.7K)
Short Term Debt8.6K114.5K223.9K16.6K19.0K18.1K
Capital Stock3.4M6.3M7.6M8.7M10.0M5.7M

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