Veru Selling General Administrative vs Income Before Tax Analysis

VERU Stock  USD 1.37  0.10  6.80%   
Veru financial indicator trend analysis is much more than just breaking down Veru Inc prevalent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Veru Inc is a good investment. Please check the relationship between Veru Selling General Administrative and its Income Before Tax accounts. Check out World Market Map to better understand how to build diversified portfolios, which includes a position in Veru Inc. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in metropolitan statistical area.

Selling General Administrative vs Income Before Tax

Selling General Administrative vs Income Before Tax Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Veru Inc Selling General Administrative account and Income Before Tax. At this time, the significance of the direction appears to have pay attention.
The correlation between Veru's Selling General Administrative and Income Before Tax is -0.94. Overlapping area represents the amount of variation of Selling General Administrative that can explain the historical movement of Income Before Tax in the same time period over historical financial statements of Veru Inc, assuming nothing else is changed. The correlation between historical values of Veru's Selling General Administrative and Income Before Tax is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Selling General Administrative of Veru Inc are associated (or correlated) with its Income Before Tax. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Income Before Tax has no effect on the direction of Selling General Administrative i.e., Veru's Selling General Administrative and Income Before Tax go up and down completely randomly.

Correlation Coefficient

-0.94
Relationship DirectionNegative 
Relationship StrengthSignificant

Selling General Administrative

Income Before Tax

Income Before Tax which can also be referred as pre-tax income is reported on Veru income statement and is an important metric when analyzing Veru Inc profitability. Accounting techniques because taxes can be complex, and not perfectly consistent from one company to company, an analyst may use pre-tax income as a more stable measure of profitability.
Most indicators from Veru's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Veru Inc 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 Veru Inc. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in metropolitan statistical area.
At this time, Veru's Selling General Administrative is comparatively stable compared to the past year. Tax Provision is likely to gain to about 453.8 K in 2024, despite the fact that Enterprise Value Multiple is likely to grow to (0.76).
 2021 2022 2023 2024 (projected)
Gross Profit30.6M7.6M8.7M11.2M
Total Revenue39.4M16.3M18.7M20.2M

Veru fundamental ratios Correlations

0.340.780.560.940.15-0.92-0.230.320.960.340.60.960.160.510.480.480.940.460.550.220.97-0.250.1-0.220.52
0.340.370.660.180.68-0.08-0.740.650.20.610.090.20.160.840.720.750.230.780.690.670.25-0.1-0.05-0.110.84
0.780.370.790.610.42-0.69-0.370.620.740.260.340.740.030.470.550.540.810.480.720.310.76-0.17-0.02-0.120.46
0.560.660.790.290.75-0.35-0.790.920.50.470.440.5-0.190.830.90.890.50.820.990.680.51-0.380.0-0.330.82
0.940.180.610.29-0.07-0.950.020.060.940.230.50.940.260.30.240.250.920.260.280.040.94-0.140.1-0.130.32
0.150.680.420.75-0.07-0.04-0.910.930.160.190.250.16-0.180.740.810.820.160.880.790.950.18-0.15-0.46-0.090.69
-0.92-0.08-0.69-0.35-0.95-0.040.0-0.14-0.98-0.01-0.52-0.98-0.17-0.25-0.25-0.28-0.97-0.26-0.32-0.1-0.970.10.110.06-0.23
-0.23-0.74-0.37-0.790.02-0.910.0-0.9-0.17-0.4-0.45-0.170.15-0.89-0.92-0.87-0.12-0.94-0.85-0.93-0.190.350.210.31-0.85
0.320.650.620.920.060.93-0.14-0.90.280.380.330.28-0.230.790.890.870.280.880.930.850.3-0.35-0.2-0.290.77
0.960.20.740.50.940.16-0.98-0.170.280.110.631.00.120.420.430.440.970.410.480.221.0-0.19-0.08-0.150.4
0.340.610.260.470.230.19-0.01-0.40.380.110.120.11-0.130.590.490.420.10.450.490.220.12-0.320.71-0.360.7
0.60.090.340.440.50.25-0.52-0.450.330.630.120.63-0.10.570.620.480.480.550.510.440.62-0.460.02-0.420.53
0.960.20.740.50.940.16-0.98-0.170.281.00.110.630.120.420.430.440.970.410.480.221.0-0.19-0.08-0.150.4
0.160.160.03-0.190.26-0.18-0.170.15-0.230.12-0.13-0.10.12-0.04-0.16-0.180.17-0.07-0.18-0.110.2-0.02-0.2-0.06-0.07
0.510.840.470.830.30.74-0.25-0.890.790.420.590.570.42-0.040.960.90.360.950.890.810.44-0.380.01-0.360.98
0.480.720.550.90.240.81-0.25-0.920.890.430.490.620.43-0.160.960.930.370.960.960.850.44-0.46-0.05-0.410.94
0.480.750.540.890.250.82-0.28-0.870.870.440.420.480.44-0.180.90.930.390.910.920.810.45-0.43-0.18-0.380.89
0.940.230.810.50.920.16-0.97-0.120.280.970.10.480.970.170.360.370.390.360.470.180.98-0.07-0.11-0.030.34
0.460.780.480.820.260.88-0.26-0.940.880.410.450.550.41-0.070.950.960.910.360.880.940.43-0.37-0.2-0.330.92
0.550.690.720.990.280.79-0.32-0.850.930.480.490.510.48-0.180.890.960.920.470.880.750.5-0.41-0.02-0.370.88
0.220.670.310.680.040.95-0.1-0.930.850.220.220.440.22-0.110.810.850.810.180.940.750.24-0.23-0.43-0.180.76
0.970.250.760.510.940.18-0.97-0.190.31.00.120.621.00.20.440.440.450.980.430.50.24-0.2-0.1-0.160.42
-0.25-0.1-0.17-0.38-0.14-0.150.10.35-0.35-0.19-0.32-0.46-0.19-0.02-0.38-0.46-0.43-0.07-0.37-0.41-0.23-0.2-0.21.0-0.41
0.1-0.05-0.020.00.1-0.460.110.21-0.2-0.080.710.02-0.08-0.20.01-0.05-0.18-0.11-0.2-0.02-0.43-0.1-0.2-0.240.13
-0.22-0.11-0.12-0.33-0.13-0.090.060.31-0.29-0.15-0.36-0.42-0.15-0.06-0.36-0.41-0.38-0.03-0.33-0.37-0.18-0.161.0-0.24-0.39
0.520.840.460.820.320.69-0.23-0.850.770.40.70.530.4-0.070.980.940.890.340.920.880.760.42-0.410.13-0.39
Click cells to compare fundamentals

Veru Account Relationship Matchups

Veru fundamental ratios Accounts

201920202021202220232024 (projected)
Total Assets51.5M178.1M136.1M50.6M58.2M31.4M
Short Long Term Debt Total14.1M12.6M14.9M14.4M16.6M17.4M
Other Current Liab1.1M9.0M17.9M4.7M5.4M2.9M
Total Current Liabilities14.7M15.8M41.4M20.3M23.3M24.5M
Total Stockholder Equity30.1M152.3M80.8M17.8M20.5M21.7M
Property Plant And Equipment Net1.7M1.6M6.0M6.0M6.9M7.2M
Net Debt547.6K(109.7M)(65.3M)4.8M4.3M4.5M
Retained Earnings(89.2M)(81.8M)(165.6M)(258.7M)(232.8M)(221.2M)
Accounts Payable2.8M3.4M22.0M14.6M16.8M17.6M
Cash13.6M122.4M80.2M9.6M11.1M10.0M
Non Current Assets Total24.5M26.4M31.4M27.1M31.2M32.7M
Non Currrent Assets Other766.1K2.4M847.6K1.5M1.4M766.4K
Cash And Short Term Investments13.6M122.4M80.2M9.6M11.1M10.0M
Net Receivables5.2M8.8M3.6M4.5M5.2M4.0M
Common Stock Shares Outstanding66.8M83.8M80.1M85.0M97.7M102.6M
Liabilities And Stockholders Equity51.5M178.1M136.1M50.6M58.2M31.4M
Non Current Liabilities Total6.7M10.1M13.8M12.5M14.4M15.1M
Inventory6.7M5.6M8.6M6.7M7.7M8.1M
Other Current Assets1.5M15.0M12.4M1.1M1.3M2.2M
Other Stockholder Equity119.2M233.9M246.2M276.1M317.5M333.4M
Total Liab21.4M25.9M55.3M32.8M37.7M39.6M
Property Plant And Equipment Gross1.7M5.1M6.0M9.8M11.2M11.8M
Total Current Assets27.0M151.8M104.8M23.5M27.0M18.7M
Short Term Debt7.5M3.2M1.2M1.9M2.2M2.1M
Intangible Assets5.8M4.0M4.0M6.0K6.8K6.5K
Current Deferred Revenue3.3M132K342K(864.6K)(778.2K)(739.3K)
Common Stock Total Equity672.2K720.5K821.5K826.9K951.0K998.5K
Common Stock720.5K821.5K826.9K939.7K1.1M1.1M
Other Liab543.8K89.7K78.4K99.6K89.7K85.2K
Other Assets9.4M10.2M13.9M14.5M16.7M17.5M
Property Plant Equipment351.9K312.7K592.6K6.0M6.9M7.2M
Long Term Debt5.6M9.4M9.7M8.9M10.2M10.7M
Net Tangible Assets5.3M17.5M141.4M70.0M80.5M84.5M
Retained Earnings Total Equity(70.2M)(89.2M)(81.8M)(165.6M)(149.0M)(141.6M)
Capital Surpluse110.3M127.0M241.7M254.0M292.1M306.7M
Deferred Long Term Liab296.6K74.7K63.4K81.1K73.0K69.3K

Pair Trading with Veru

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 Veru 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 Veru will appreciate offsetting losses from the drop in the long position's value.

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The ability to find closely correlated positions to Veru could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Veru 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 Veru - 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 Veru Inc to buy it.
The correlation of Veru 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 Veru moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Veru Inc 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 Veru 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.
Pair CorrelationCorrelation Matching
When determining whether Veru Inc is a good investment, qualitative aspects like company management, corporate governance, and ethical practices play a significant role. A comparison with peer companies also provides context and helps to understand if Veru Stock is undervalued or overvalued. This multi-faceted approach, blending both quantitative and qualitative analysis, forms a solid foundation for making an informed investment decision about Veru Inc Stock. Highlighted below are key reports to facilitate an investment decision about Veru Inc Stock:
Check out World Market Map to better understand how to build diversified portfolios, which includes a position in Veru Inc. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in metropolitan statistical area.
You can also try the Economic Indicators module to top statistical indicators that provide insights into how an economy is performing.

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When running Veru's price analysis, check to measure Veru's 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 Veru is operating at the current time. Most of Veru's value examination focuses on studying past and present price action to predict the probability of Veru's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Veru's price. Additionally, you may evaluate how the addition of Veru to your portfolios can decrease your overall portfolio volatility.
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Is Veru's 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 Veru. If investors know Veru 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 Veru listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Earnings Share
(0.70)
Revenue Per Share
0.177
Quarterly Revenue Growth
(0.15)
Return On Assets
(0.51)
Return On Equity
(1.25)
The market value of Veru Inc is measured differently than its book value, which is the value of Veru that is recorded on the company's balance sheet. Investors also form their own opinion of Veru's value that differs from its market value or its book value, called intrinsic value, which is Veru's 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 Veru's market value can be influenced by many factors that don't directly affect Veru's 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 Veru's value and its price as these two are different measures arrived at by different means. Investors typically determine if Veru is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Veru's 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.