Varonis Other Current Liab vs Non Currrent Assets Other Analysis

VRNS Stock  USD 43.75  1.14  2.54%   
Varonis Systems financial indicator trend analysis is much more than just breaking down Varonis Systems prevalent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Varonis Systems is a good investment. Please check the relationship between Varonis Systems Other Current Liab and its Non Currrent Assets Other accounts. Check out World Market Map to better understand how to build diversified portfolios, which includes a position in Varonis Systems. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in board of governors.
For more information on how to buy Varonis Stock please use our How to Invest in Varonis Systems guide.

Other Current Liab vs Non Currrent Assets Other

Other Current Liab vs Non Currrent Assets Other Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Varonis Systems Other Current Liab account and Non Currrent Assets Other. At this time, the significance of the direction appears to have fragmental relationship.
The correlation between Varonis Systems' Other Current Liab and Non Currrent Assets Other is 0.52. Overlapping area represents the amount of variation of Other Current Liab that can explain the historical movement of Non Currrent Assets Other in the same time period over historical financial statements of Varonis Systems, assuming nothing else is changed. The correlation between historical values of Varonis Systems' Other Current Liab and Non Currrent Assets Other is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Other Current Liab of Varonis Systems are associated (or correlated) with its Non Currrent Assets Other. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Non Currrent Assets Other has no effect on the direction of Other Current Liab i.e., Varonis Systems' Other Current Liab and Non Currrent Assets Other go up and down completely randomly.

Correlation Coefficient

0.52
Relationship DirectionPositive 
Relationship StrengthWeak

Other Current Liab

Non Currrent Assets Other

Assets that are not physical or tangible, expected to provide value for more than one year, and not easily converted into cash, such as long-term investments or patents.
Most indicators from Varonis Systems' fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Varonis Systems 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 Varonis Systems. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in board of governors.
For more information on how to buy Varonis Stock please use our How to Invest in Varonis Systems guide.At this time, Varonis Systems' Selling General Administrative is comparatively stable compared to the past year. Tax Provision is likely to gain to about 18.8 M in 2024, whereas Sales General And Administrative To Revenue is likely to drop 0.10 in 2024.
 2021 2022 2023 2024 (projected)
Gross Profit330.7M403.8M427.4M448.8M
Total Revenue390.1M473.6M499.2M524.1M

Varonis Systems fundamental ratios Correlations

0.860.60.880.830.880.83-0.21-0.850.250.690.70.850.860.850.810.660.760.610.920.850.840.640.870.83-0.34
0.860.770.940.970.80.89-0.2-0.980.230.760.890.730.880.940.980.760.940.530.860.990.970.760.990.98-0.52
0.60.770.80.650.550.790.42-0.86-0.260.270.850.520.530.820.750.870.840.280.610.780.850.730.70.73-0.55
0.880.940.80.880.770.990.02-0.970.010.560.940.740.730.990.920.810.860.640.80.950.950.880.90.91-0.38
0.830.970.650.880.730.83-0.34-0.920.380.80.810.640.90.890.980.720.850.440.820.970.90.680.980.99-0.44
0.880.80.550.770.730.7-0.26-0.790.230.750.670.970.830.70.70.480.810.670.910.760.820.630.80.73-0.57
0.830.890.790.990.830.70.11-0.93-0.090.460.940.680.640.990.890.80.80.630.710.910.910.910.830.87-0.32
-0.21-0.20.420.02-0.34-0.260.110.01-0.84-0.750.15-0.22-0.50.05-0.160.35-0.11-0.18-0.32-0.15-0.060.26-0.32-0.220.04
-0.85-0.98-0.86-0.97-0.92-0.79-0.930.01-0.06-0.63-0.94-0.72-0.81-0.97-0.96-0.84-0.93-0.51-0.82-0.98-0.98-0.84-0.94-0.960.54
0.250.23-0.260.010.380.23-0.09-0.84-0.060.67-0.140.210.530.00.22-0.150.120.110.370.190.08-0.270.350.29-0.15
0.690.760.270.560.80.750.46-0.75-0.630.670.460.690.910.540.690.220.730.460.810.710.680.280.830.73-0.48
0.70.890.850.940.810.670.940.15-0.94-0.140.460.630.60.940.890.760.860.570.640.90.930.950.810.86-0.54
0.850.730.520.740.640.970.68-0.22-0.720.210.690.630.750.660.610.40.770.80.90.690.790.590.730.64-0.54
0.860.880.530.730.90.830.64-0.5-0.810.530.910.60.750.720.830.560.830.410.930.850.820.430.940.87-0.48
0.850.940.820.990.890.70.990.05-0.970.00.540.940.660.720.940.850.850.560.760.950.940.870.90.93-0.36
0.810.980.750.920.980.70.89-0.16-0.960.220.690.890.610.830.940.80.870.430.770.990.930.780.961.0-0.48
0.660.760.870.810.720.480.80.35-0.84-0.150.220.760.40.560.850.80.680.170.590.80.760.70.720.78-0.26
0.760.940.840.860.850.810.8-0.11-0.930.120.730.860.770.830.850.870.680.510.850.910.970.690.920.87-0.67
0.610.530.280.640.440.670.63-0.18-0.510.110.460.570.80.410.560.430.170.510.610.490.590.60.490.42-0.25
0.920.860.610.80.820.910.71-0.32-0.820.370.810.640.90.930.760.770.590.850.610.820.860.50.890.8-0.45
0.850.990.780.950.970.760.91-0.15-0.980.190.710.90.690.850.950.990.80.910.490.820.960.790.970.99-0.48
0.840.970.850.950.90.820.91-0.06-0.980.080.680.930.790.820.940.930.760.970.590.860.960.80.940.92-0.57
0.640.760.730.880.680.630.910.26-0.84-0.270.280.950.590.430.870.780.70.690.60.50.790.80.660.74-0.42
0.870.990.70.90.980.80.83-0.32-0.940.350.830.810.730.940.90.960.720.920.490.890.970.940.660.98-0.48
0.830.980.730.910.990.730.87-0.22-0.960.290.730.860.640.870.931.00.780.870.420.80.990.920.740.98-0.48
-0.34-0.52-0.55-0.38-0.44-0.57-0.320.040.54-0.15-0.48-0.54-0.54-0.48-0.36-0.48-0.26-0.67-0.25-0.45-0.48-0.57-0.42-0.48-0.48
Click cells to compare fundamentals

Varonis Systems Account Relationship Matchups

Varonis Systems fundamental ratios Accounts

201920202021202220232024 (projected)
Common Stock Shares Outstanding90.8M94.3M105.3M109.3M109.1M89.5M
Total Assets318.3M555.5M1.1B1.0B1.1B1.2B
Other Current Liab673K83.2M62K105.4M115.0M120.8M
Total Current Liabilities159.6M182.6M211.8M228.7M306.8M322.1M
Total Stockholder Equity93.5M94.1M596.6M502.1M489.6M514.1M
Property Plant And Equipment Net91.4M85.1M102.0M95.8M85.8M43.6M
Current Deferred Revenue96.0M98.6M104.2M110.6M181.0M190.1M
Net Debt(11.9M)38.9M(511.7M)(51.3M)81.1M85.2M
Retained Earnings(216.7M)(310.7M)(427.6M)(543.5M)(644.4M)(612.2M)
Accounts Payable997K850K5.3M3.0M672K638.4K
Cash68.9M234.1M805.8M367.8M230.7M171.3M
Non Current Assets Total109.8M135.6M149.3M138.1M336.8M353.6M
Non Currrent Assets Other18.4M21.6M19.8M16.3M15.5M8.8M
Cash And Short Term Investments120.5M298.3M807.6M732.5M533.7M267.6M
Net Receivables75.1M94.2M117.2M136.0M184.5M193.7M
Common Stock Total Equity30K31K32K108K124.2K130.4K
Short Term Investments51.5M64.2M1.9M364.7M303.0M318.1M
Liabilities And Stockholders Equity318.3M555.5M1.1B1.0B1.1B1.2B
Non Current Liabilities Total65.2M278.8M300.2M312.9M307.5M322.9M
Other Current Assets13.0M27.4M34.4M37.2M27.2M14.6M
Other Stockholder Equity310.7M395.4M1.0B1.1B1.1B1.2B
Total Liab224.8M461.4M511.9M541.6M614.3M645.0M
Property Plant And Equipment Gross91.4M37.2M38.3M39.0M131.3M137.9M
Total Current Assets208.6M419.8M959.2M905.7M767.2M805.5M
Accumulated Other Comprehensive Income(449K)9.4M6.1M(9.6M)(8.6M)(8.2M)
Common Stock30K31K32K108K109K114.5K
Other Liab8.2M5.8M6.1M6.3M5.6M7.2M
Other Assets18.4M21.6M19.8M16.3M18.8M9.5M
Property Plant Equipment36.3M37.2M102.0M39.0M44.9M26.9M
Net Tangible Assets93.5M94.1M569.1M502.1M577.4M606.3M
Retained Earnings Total Equity(216.7M)(310.7M)(427.6M)(543.5M)(489.1M)(464.7M)
Capital Surpluse310.7M395.4M1.0B1.1B1.2B1.3B
Non Current Liabilities Other65.2M60.3M3.6M63.9M4.8M4.6M
Short Term Debt51.0M61.9M102.2M9.9M10.0M9.5M
Net Invested Capital93.5M312.5M821.9M751.1M740.1M463.0M
Net Working Capital49.0M237.2M747.4M676.9M460.4M374.9M

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When determining whether Varonis Systems is a strong investment it is important to analyze Varonis Systems' competitive position within its industry, examining market share, product or service uniqueness, and competitive advantages. Beyond financials and market position, potential investors should also consider broader economic conditions, industry trends, and any regulatory or geopolitical factors that may impact Varonis Systems' future performance. For an informed investment choice regarding Varonis Stock, refer to the following important reports:
Check out World Market Map to better understand how to build diversified portfolios, which includes a position in Varonis Systems. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in board of governors.
For more information on how to buy Varonis Stock please use our How to Invest in Varonis Systems guide.
You can also try the Idea Breakdown module to analyze constituents of all Macroaxis ideas. Macroaxis investment ideas are predefined, sector-focused investing themes.

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Is Varonis Systems' 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 Varonis Systems. If investors know Varonis 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 Varonis Systems listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Earnings Share
(0.92)
Revenue Per Share
4.573
Quarterly Revenue Growth
0.081
Return On Assets
(0.07)
Return On Equity
(0.20)
The market value of Varonis Systems is measured differently than its book value, which is the value of Varonis that is recorded on the company's balance sheet. Investors also form their own opinion of Varonis Systems' value that differs from its market value or its book value, called intrinsic value, which is Varonis Systems' 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 Varonis Systems' market value can be influenced by many factors that don't directly affect Varonis Systems' 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 Varonis Systems' value and its price as these two are different measures arrived at by different means. Investors typically determine if Varonis Systems is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Varonis Systems' 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.