Varonis Property Plant Equipment vs Retained Earnings Analysis
VRNS Stock | USD 42.96 0.46 1.06% |
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 Property Plant Equipment and its Retained Earnings 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.
Property Plant Equipment vs Retained Earnings
Property Plant Equipment vs Retained Earnings Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Varonis Systems Property Plant Equipment account and Retained Earnings. At this time, the significance of the direction appears to have strong contrarian relationship.
The correlation between Varonis Systems' Property Plant Equipment and Retained Earnings is -0.68. Overlapping area represents the amount of variation of Property Plant Equipment that can explain the historical movement of Retained Earnings 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' Property Plant Equipment and Retained Earnings is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Property Plant Equipment of Varonis Systems are associated (or correlated) with its Retained Earnings. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Retained Earnings has no effect on the direction of Property Plant Equipment i.e., Varonis Systems' Property Plant Equipment and Retained Earnings go up and down completely randomly.
Correlation Coefficient | -0.68 |
Relationship Direction | Negative |
Relationship Strength | Weak |
Property Plant Equipment
Retained Earnings
The cumulative amount of net income that a company retains for reinvestment in its operations, rather than distributing it to shareholders as dividends.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 Profit | 330.7M | 403.8M | 427.4M | 448.8M | Total Revenue | 390.1M | 473.6M | 499.2M | 524.1M |
Varonis Systems fundamental ratios Correlations
Click cells to compare fundamentals
Varonis Systems Account Relationship Matchups
High Positive Relationship
High Negative Relationship
Varonis Systems fundamental ratios Accounts
2019 | 2020 | 2021 | 2022 | 2023 | 2024 (projected) | ||
Common Stock Shares Outstanding | 90.8M | 94.3M | 105.3M | 109.3B | 109.1M | 103.7M | |
Total Assets | 318.3M | 555.5M | 1.1B | 1.0B | 1.1B | 1.2B | |
Other Current Liab | 673K | 83.2M | 62K | 105.4M | 115.0M | 120.8M | |
Total Current Liabilities | 159.6M | 182.6M | 211.8M | 228.7M | 306.8M | 322.1M | |
Total Stockholder Equity | 93.5M | 94.1M | 596.6M | 502.1M | 489.6M | 514.1M | |
Property Plant And Equipment Net | 91.4M | 85.1M | 102.0M | 95.8M | 85.8M | 43.6M | |
Current Deferred Revenue | 96.0M | 98.6M | 104.2M | 110.6M | 181.0M | 190.1M | |
Net Debt | (11.9M) | 38.9M | (511.7M) | (51.3M) | 81.1M | 85.2M | |
Retained Earnings | (216.7M) | (310.7M) | (427.6M) | (543.5M) | (644.4M) | (612.2M) | |
Accounts Payable | 997K | 850K | 5.3M | 3.0M | 672K | 638.4K | |
Cash | 68.9M | 234.1M | 805.8M | 367.8M | 230.7M | 171.3M | |
Non Current Assets Total | 109.8M | 135.6M | 149.3M | 138.1M | 336.8M | 353.6M | |
Non Currrent Assets Other | 18.4M | 21.6M | 19.8M | 16.3M | 15.5M | 8.8M | |
Cash And Short Term Investments | 120.5M | 298.3M | 807.6M | 732.5M | 533.7M | 267.6M | |
Net Receivables | 75.1M | 94.2M | 117.2M | 136.0M | 184.5M | 193.7M | |
Common Stock Total Equity | 30K | 31K | 32K | 108K | 124.2K | 130.4K | |
Short Term Investments | 51.5M | 64.2M | 1.9M | 364.7M | 303.0M | 318.1M | |
Liabilities And Stockholders Equity | 318.3M | 555.5M | 1.1B | 1.0B | 1.1B | 1.2B | |
Non Current Liabilities Total | 65.2M | 278.8M | 300.2M | 312.9M | 307.5M | 322.9M | |
Other Current Assets | 13.0M | 27.4M | 34.4M | 37.2M | 27.2M | 14.6M | |
Other Stockholder Equity | 310.7M | 395.4M | 1.0B | 1.1B | 1.1B | 1.2B | |
Total Liab | 224.8M | 461.4M | 511.9M | 541.6M | 614.3M | 645.0M | |
Property Plant And Equipment Gross | 91.4M | 37.2M | 38.3M | 39.0M | 131.3M | 137.9M | |
Total Current Assets | 208.6M | 419.8M | 959.2M | 905.7M | 767.2M | 805.5M | |
Accumulated Other Comprehensive Income | (449K) | 9.4M | 6.1M | (9.6M) | (8.6M) | (8.2M) | |
Common Stock | 30K | 31K | 32K | 108K | 109K | 114.5K | |
Other Liab | 8.2M | 5.8M | 6.1M | 6.3M | 5.6M | 7.2M | |
Other Assets | 18.4M | 21.6M | 19.8M | 16.3M | 18.8M | 9.5M | |
Property Plant Equipment | 36.3M | 37.2M | 102.0M | 39.0M | 44.9M | 26.9M | |
Net Tangible Assets | 93.5M | 94.1M | 569.1M | 502.1M | 577.4M | 606.3M | |
Retained Earnings Total Equity | (216.7M) | (310.7M) | (427.6M) | (543.5M) | (489.1M) | (464.7M) | |
Capital Surpluse | 310.7M | 395.4M | 1.0B | 1.1B | 1.2B | 1.3B | |
Non Current Liabilities Other | 65.2M | 60.3M | 3.6M | 63.9M | 4.8M | 4.6M | |
Short Term Debt | 51.0M | 61.9M | 102.2M | 9.9M | 10.0M | 9.5M | |
Net Invested Capital | 93.5M | 312.5M | 821.9M | 751.1M | 740.1M | 463.0M | |
Net Working Capital | 49.0M | 237.2M | 747.4M | 676.9M | 460.4M | 374.9M |
Pair Trading with Varonis Systems
One of the main advantages of trading using pair correlations is that every trade hedges away some risk. Because there are two separate transactions required, even if Varonis Systems position performs unexpectedly, the other equity can make up some of the losses. Pair trading also minimizes risk from directional movements in the market. For example, if an entire industry or sector drops because of unexpected headlines, the short position in Varonis Systems will appreciate offsetting losses from the drop in the long position's value.Moving together with Varonis Stock
0.85 | S | SentinelOne Financial Report 6th of June 2024 | PairCorr |
0.79 | MQ | Marqeta | PairCorr |
Moving against Varonis Stock
0.87 | NN | Nextnav Acquisition Corp | PairCorr |
0.55 | GB | Global Blue Group Earnings Call This Week | PairCorr |
0.44 | EGIO | Edgio Inc Report 17th of July 2024 | PairCorr |
The ability to find closely correlated positions to Varonis Systems could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Varonis Systems when you sell it. If you don't do this, your portfolio allocation will be skewed against your target asset allocation. So, investors can't just sell and buy back Varonis Systems - that would be a violation of the tax code under the "wash sale" rule, and this is why you need to find a similar enough asset and use the proceeds from selling Varonis Systems to buy it.
The correlation of Varonis Systems is a statistical measure of how it moves in relation to other instruments. This measure is expressed in what is known as the correlation coefficient, which ranges between -1 and +1. A perfect positive correlation (i.e., a correlation coefficient of +1) implies that as Varonis Systems moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Varonis Systems moves in either direction, the perfectly negatively correlated security will move in the opposite direction. If the correlation is 0, the equities are not correlated; they are entirely random. A correlation greater than 0.8 is generally described as strong, whereas a correlation less than 0.5 is generally considered weak.
Correlation analysis and pair trading evaluation for Varonis Systems can also be used as hedging techniques within a particular sector or industry or even over random equities to generate a better risk-adjusted return on your portfolios.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 Commodity Directory module to find actively traded commodities issued by global exchanges.
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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 (0.94) | Revenue Per Share 4.618 | Quarterly Revenue Growth 0.062 | Return On Assets (0.07) | Return On Equity (0.22) |
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.