Versus Cash vs Accounts Payable Analysis
| VS Stock | USD 1.40 0.02 1.41% |
Versus Systems financial indicator trend analysis is much more than just breaking down Versus Systems prevalent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Versus Systems is a good investment. Please check the relationship between Versus Systems Cash and its Accounts Payable accounts. Check out World Market Map to better understand how to build diversified portfolios, which includes a position in Versus 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 state. For more information on how to buy Versus Stock please use our How to Invest in Versus Systems guide.
Cash vs Accounts Payable
Cash vs Accounts Payable Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Versus Systems Cash account and Accounts Payable. At this time, the significance of the direction appears to have almost no relationship.
The correlation between Versus Systems' Cash and Accounts Payable is 0.13. Overlapping area represents the amount of variation of Cash that can explain the historical movement of Accounts Payable in the same time period over historical financial statements of Versus Systems, assuming nothing else is changed. The correlation between historical values of Versus Systems' Cash and Accounts Payable is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Cash of Versus Systems are associated (or correlated) with its Accounts Payable. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Accounts Payable has no effect on the direction of Cash i.e., Versus Systems' Cash and Accounts Payable go up and down completely randomly.
Correlation Coefficient | 0.13 |
| Relationship Direction | Positive |
| Relationship Strength | Insignificant |
Cash
Cash refers to the most liquid asset of Versus Systems, which is listed under current asset account on Versus Systems balance sheet and usually includes currency, coins, checking accounts, and not deposited checks received from Versus Systems customers. The amounts must be unrestricted with restricted cash listed in a different Versus Systems account. The total amount of money in the form of currency that a company has in its possession. This includes all bills, coins, and funds in bank accounts.Accounts Payable
An accounting item on the balance sheet that represents Versus Systems obligation to pay off a short-term debt to its creditors. The accounts payable entry is usually reported under current liabilities. If accounts payable of Versus Systems are not paid within the agreed terms, the payables are considered to be in default, which may trigger a penalty or interest payment, or the revocation of additional credit from the supplier. Accounts payable may also be considered a source of cash, since they represent funds being borrowed from suppliers. Given these cash flow considerations, suppliers have a natural inclination to push for shorter payment terms, while creditors want to lengthen the payment terms. The amount a company owes to suppliers or vendors for products or services received but not yet paid for. It represents the company's short-term liabilities.Most indicators from Versus Systems' fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Versus 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 Versus 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 state. For more information on how to buy Versus Stock please use our How to Invest in Versus Systems guide.At this time, Versus Systems' Issuance Of Capital Stock is comparatively stable compared to the past year. Enterprise Value Over EBITDA is likely to gain to 0.46 in 2024, despite the fact that Sales General And Administrative To Revenue is likely to grow to (1.24).
| 2022 | 2023 | 2024 (projected) | Research Development | 699.5K | 1.1M | 802.2K | Reconciled Depreciation | 3.2M | 2.5M | 2.9M |
Versus Systems fundamental ratios Correlations
Click cells to compare fundamentals
Versus Systems Account Relationship Matchups
High Positive Relationship
High Negative Relationship
Versus Systems fundamental ratios Accounts
| 2019 | 2020 | 2021 | 2022 | 2023 | 2024 (projected) | ||
| Total Assets | 3.1M | 5.6M | 18.5M | 8.8M | 4.9M | 5.0M | |
| Short Long Term Debt Total | 4.5M | 5.3M | 3.2M | 2.7M | 3.1M | 3.3M | |
| Total Current Liabilities | 998.1K | 4.0M | 3.4M | 3.3M | 321.5K | 305.4K | |
| Total Stockholder Equity | 2.4M | 4.8M | 22.6M | 11.9M | 11.9M | 12.5M | |
| Property Plant And Equipment Net | 726.5K | 490.9K | 326.9K | 172.8K | 1.9K | 1.8K | |
| Net Debt | 4.5M | 2.9M | 1.5M | 1.6M | (4.7M) | (4.5M) | |
| Retained Earnings | (81.5M) | (89.6M) | (101.0M) | (125.2M) | (135.4M) | (128.7M) | |
| Accounts Payable | 342.2K | 561.6K | 386.0K | 138.3K | 82.6K | 78.5K | |
| Cash | 75.9K | 2.3M | 1.7M | 1.2M | 4.7M | 4.9M | |
| Non Current Assets Total | 3.0M | 2.4M | 16.2M | 7.3M | 10.6K | 10.1K | |
| Non Currrent Assets Other | 108.2K | 109.2K | 109.1K | 108.5K | 8.7K | 8.2K | |
| Cash And Short Term Investments | 75.9K | 2.3M | 1.7M | 1.2M | 4.7M | 4.9M | |
| Net Receivables | 34.0K | 473.6K | 123.6K | 60.7K | 18.2K | 17.3K | |
| Common Stock Shares Outstanding | 468.8K | 648.3K | 952.8K | 1.7M | 912.7K | 958.4K | |
| Liabilities And Stockholders Equity | 3.1M | 5.6M | 18.5M | 8.8M | 4.9M | 5.0M | |
| Total Liab | 5.3M | 6.8M | 4.5M | 3.3M | 321.5K | 305.4K | |
| Property Plant And Equipment Gross | 949.0K | 625.9K | 1.1M | 1.2M | 773.5K | 734.8K | |
| Total Current Assets | 131.4K | 3.2M | 2.4M | 1.5M | 4.9M | 5.1M | |
| Common Stock | 76.2M | 85.3M | 110.3M | 122.4M | 147.1M | 75.3M | |
| Other Current Assets | 21.6K | 18.6K | 377.9K | 223.2K | 160.5K | 98.8K | |
| Accumulated Other Comprehensive Income | 7.5M | 9.0M | 10.7M | 14.7M | 248.3K | 235.9K | |
| Other Current Liab | 404.5K | 924.3K | 446.4K | 383.7K | 203.8K | 303.1K | |
| Inventory | (0.81) | 1.0 | 174.8K | 0.76 | 0.26 | 0.25 | |
| Net Tangible Assets | 336.0K | 3.8M | 6.8M | 4.8M | 5.5M | 5.8M | |
| Intangible Assets | 2.1M | 1.8M | 9.2M | 7.1M | 8.1M | 4.7M | |
| Property Plant Equipment | 949.0K | 625.9K | 326.9K | 172.8K | 198.8K | 348.3K | |
| Net Invested Capital | 8.0M | 12.0M | 25.4M | 14.5M | 11.9M | 13.5M | |
| Net Working Capital | (1.1M) | (1.0M) | (1.0M) | (1.9M) | 4.5M | 4.8M | |
| Capital Stock | 76.2M | 85.3M | 110.3M | 122.4M | 147.1M | 111.6M |
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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 Versus Systems is a strong investment it is important to analyze Versus 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 Versus Systems' future performance. For an informed investment choice regarding Versus 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 Versus 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 state. For more information on how to buy Versus Stock please use our How to Invest in Versus Systems guide.You can also try the Idea Optimizer module to use advanced portfolio builder with pre-computed micro ideas to build optimal portfolio .
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When running Versus Systems' price analysis, check to measure Versus Systems' 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 Versus Systems is operating at the current time. Most of Versus Systems' value examination focuses on studying past and present price action to predict the probability of Versus Systems' future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Versus Systems' price. Additionally, you may evaluate how the addition of Versus Systems to your portfolios can decrease your overall portfolio volatility.
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Is Versus 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 Versus Systems. If investors know Versus 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 Versus 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 (10.44) | Revenue Per Share 0.297 | Quarterly Revenue Growth (0.84) | Return On Assets (0.67) | Return On Equity (2.26) |
The market value of Versus Systems is measured differently than its book value, which is the value of Versus that is recorded on the company's balance sheet. Investors also form their own opinion of Versus Systems' value that differs from its market value or its book value, called intrinsic value, which is Versus 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 Versus Systems' market value can be influenced by many factors that don't directly affect Versus 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 Versus Systems' value and its price as these two are different measures arrived at by different means. Investors typically determine if Versus Systems is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Versus 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.