Vericity Current Deferred Revenue vs Total Liab Analysis
VERY Stock | USD 11.29 0.01 0.09% |
Vericity financial indicator trend analysis is much more than just breaking down Vericity prevalent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Vericity is a good investment. Please check the relationship between Vericity Current Deferred Revenue and its Total Liab accounts. Check out World Market Map to better understand how to build diversified portfolios, which includes a position in Vericity. 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. For more information on how to buy Vericity Stock please use our How to Invest in Vericity guide.
Current Deferred Revenue vs Total Liab
Current Deferred Revenue vs Total Liab Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Vericity Current Deferred Revenue account and Total Liab. At this time, the significance of the direction appears to have fragmental relationship.
The correlation between Vericity's Current Deferred Revenue and Total Liab is 0.55. Overlapping area represents the amount of variation of Current Deferred Revenue that can explain the historical movement of Total Liab in the same time period over historical financial statements of Vericity, assuming nothing else is changed. The correlation between historical values of Vericity's Current Deferred Revenue and Total Liab is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Current Deferred Revenue of Vericity are associated (or correlated) with its Total Liab. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Total Liab has no effect on the direction of Current Deferred Revenue i.e., Vericity's Current Deferred Revenue and Total Liab go up and down completely randomly.
Correlation Coefficient | 0.55 |
Relationship Direction | Positive |
Relationship Strength | Weak |
Current Deferred Revenue
Revenue that has been collected but not yet earned, typically from prepaid service contracts or subscriptions. This amount is considered a liability until the service is provided or the subscription period ends.Total Liab
The total amount of all liabilities that a company has, including both short-term and long-term liabilities.Most indicators from Vericity's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Vericity 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 Vericity. 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. For more information on how to buy Vericity Stock please use our How to Invest in Vericity guide.Tax Provision is likely to drop to about (1 M) in 2024. Selling General Administrative is likely to drop to about 47 M in 2024
2021 | 2022 | 2023 | 2024 (projected) | Gross Profit | 81.9M | 66.2M | 73.4M | 62.4M | Total Revenue | 176.6M | 163.9M | 177.6M | 158.7M |
Vericity fundamental ratios Correlations
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Vericity Account Relationship Matchups
High Positive Relationship
High Negative Relationship
Vericity fundamental ratios Accounts
2019 | 2020 | 2021 | 2022 | 2023 | 2024 (projected) | ||
Total Assets | 721.8M | 768.8M | 788.0M | 770.1M | 618.6M | 775.9M | |
Other Current Liab | (19.4M) | (5.5M) | (4.0M) | (41.7M) | (39.6M) | (37.6M) | |
Total Current Liabilities | 19.4M | 5.5M | 4.0M | 7.0K | (24.1M) | (22.9M) | |
Total Stockholder Equity | 212.4M | 195.2M | 172.9M | 111.3M | 110.2M | 137.3M | |
Other Liab | 444.5M | 453.1M | 523.1M | 561.0M | 645.2M | 522.5M | |
Net Tangible Assets | 170.5M | 210.8M | 193.6M | 171.3M | 154.1M | 152.2M | |
Retained Earnings | 163.8M | 138.8M | 122.1M | 101.7M | 91.6M | 117.8M | |
Accounts Payable | 15.4M | 6.7M | 6.9M | 6.2M | 6.3M | 8.0M | |
Cash | 37.8M | 36.2M | 22.4M | 9.8M | 8.0M | 7.6M | |
Non Current Assets Total | 351.6M | 369.6M | 356.2M | 30.1K | 545.8M | 279.5M | |
Non Currrent Assets Other | (351.6M) | (369.6M) | (356.2M) | (303.5M) | 125.2M | 131.5M | |
Other Assets | (156.5M) | (178.5M) | (155.8M) | 769.7M | 885.1M | 929.4M | |
Long Term Debt | 16.6M | 24.9M | 22.4M | 30.2M | 39.8M | 41.7M | |
Cash And Short Term Investments | 382.5M | 400.1M | 374.8M | 307.9M | 321.4M | 338.8M | |
Net Receivables | 144.1M | 177.5M | 212.8M | 249.6M | 292.1M | 187.2M | |
Short Term Investments | 344.7M | 363.9M | 352.4M | 298.1M | 7.7M | 7.3M | |
Liabilities And Stockholders Equity | 721.8M | 768.8M | 788.0M | 770.1M | 618.6M | 685.9M | |
Non Current Liabilities Total | 16.6M | 24.9M | 22.4M | 651.8K | 532.5M | 559.1M | |
Inventory | (92.5M) | (67.8M) | (55.4M) | (610.9M) | (613.5M) | (582.8M) | |
Other Current Assets | 92.5M | 67.8M | 55.4M | 53.8M | 72.8M | 77.8M | |
Total Liab | 509.4M | 573.5M | 615.1M | 658.7M | 508.4M | 587.1M | |
Long Term Investments | 350.0M | 368.0M | 354.5M | 301.8M | 313.4M | 268.0M | |
Short Long Term Debt | 4.0M | 5.5M | 4.0M | 7.0M | 9.2M | 9.7M | |
Total Current Assets | 526.7M | 577.6M | 587.6M | 363.6K | 72.8M | 69.2M | |
Accumulated Other Comprehensive Income | 8.8M | 16.6M | 10.9M | (30.2M) | (21.2M) | (20.2M) | |
Short Term Debt | 4.0M | 5.5M | 4.0M | 7.0M | 9.2M | 9.7M | |
Net Debt | (17.2M) | (5.8M) | 4.0M | 27.4M | 41.0M | 43.0M | |
Net Invested Capital | 233.0M | 225.7M | 199.3M | 148.5M | 159.2M | 154.0M | |
Short Long Term Debt Total | 20.6M | 30.5M | 26.4M | 37.2M | 49.0M | 32.5M |
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Check out World Market Map to better understand how to build diversified portfolios, which includes a position in Vericity. 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. For more information on how to buy Vericity Stock please use our How to Invest in Vericity guide.You can also try the Portfolio Analyzer module to portfolio analysis module that provides access to portfolio diagnostics and optimization engine.
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Is Vericity'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 Vericity. If investors know Vericity 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 Vericity listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Earnings Share (0.67) | Revenue Per Share 11.937 | Quarterly Revenue Growth 0.061 | Return On Assets (0.01) | Return On Equity (0.09) |
The market value of Vericity is measured differently than its book value, which is the value of Vericity that is recorded on the company's balance sheet. Investors also form their own opinion of Vericity's value that differs from its market value or its book value, called intrinsic value, which is Vericity'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 Vericity's market value can be influenced by many factors that don't directly affect Vericity'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 Vericity's value and its price as these two are different measures arrived at by different means. Investors typically determine if Vericity is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Vericity'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.