Viemed Accounts Payable vs Long Term Debt Analysis

VMD Stock  USD 7.41  0.21  2.92%   
Viemed Healthcare financial indicator trend analysis is much more than just breaking down Viemed Healthcare prevalent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Viemed Healthcare is a good investment. Please check the relationship between Viemed Healthcare Accounts Payable and its Long Term Debt accounts. Check out World Market Map to better understand how to build diversified portfolios, which includes a position in Viemed Healthcare. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in population.
For information on how to trade Viemed Stock refer to our How to Trade Viemed Stock guide.

Accounts Payable vs Long Term Debt

Accounts Payable vs Long Term Debt Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Viemed Healthcare Accounts Payable account and Long Term Debt. At this time, the significance of the direction appears to have fragmental relationship.
The correlation between Viemed Healthcare's Accounts Payable and Long Term Debt is 0.48. Overlapping area represents the amount of variation of Accounts Payable that can explain the historical movement of Long Term Debt in the same time period over historical financial statements of Viemed Healthcare, assuming nothing else is changed. The correlation between historical values of Viemed Healthcare's Accounts Payable and Long Term Debt is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Accounts Payable of Viemed Healthcare are associated (or correlated) with its Long Term Debt. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Long Term Debt has no effect on the direction of Accounts Payable i.e., Viemed Healthcare's Accounts Payable and Long Term Debt go up and down completely randomly.

Correlation Coefficient

0.48
Relationship DirectionPositive 
Relationship StrengthWeak

Accounts Payable

An accounting item on the balance sheet that represents Viemed Healthcare 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 Viemed Healthcare 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.

Long Term Debt

Long-term debt is a debt that Viemed Healthcare has held for over one year. Long-term debt appears on Viemed Healthcare balance sheet and also includes long-term leases. The most common forms of long term debt are bonds payable, long-term notes payable, mortgage payable, pension liabilities, and lease liabilities. In the corporate world, long-term debt is generally used to fund big-ticket items, such as machinery, buildings, and land. The total of long-term debt reported on Viemed Healthcare balance sheet is the sum of the balances of all categories of long-term debt. Debt that is not due within the current year and is often considered to be financing activities that are to be repaid over several years.
Most indicators from Viemed Healthcare's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Viemed Healthcare 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 Viemed Healthcare. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in population.
For information on how to trade Viemed Stock refer to our How to Trade Viemed Stock guide.The current year's Tax Provision is expected to grow to about 3.9 M, whereas Selling General Administrative is forecasted to decline to about 50.5 M.
 2021 2022 2023 2024 (projected)
Gross Profit73.4M84.7M113.4M66.0M
Total Revenue117.1M138.8M186.4M102.0M

Viemed Healthcare fundamental ratios Correlations

0.870.910.990.940.990.580.820.870.950.820.860.170.940.890.990.240.990.54-0.670.980.650.95
0.870.870.840.940.840.60.670.880.830.790.820.130.80.910.840.290.880.4-0.460.880.380.85
0.910.870.850.810.840.740.670.880.850.730.980.10.80.740.920.510.920.45-0.390.840.340.78
0.990.840.850.941.00.520.820.820.950.840.770.140.950.910.970.110.970.54-0.740.990.710.97
0.940.940.810.940.940.520.780.870.90.80.740.130.90.980.90.130.940.53-0.650.960.610.95
0.990.840.841.00.940.520.860.810.940.820.770.150.970.90.960.120.970.51-0.780.990.750.96
0.580.60.740.520.520.520.430.480.50.540.67-0.450.50.40.640.250.620.02-0.250.460.130.39
0.820.670.670.820.780.860.430.710.690.470.650.260.960.690.80.230.80.21-0.880.810.880.73
0.870.880.880.820.870.810.480.710.830.570.890.390.810.840.880.530.910.51-0.40.860.430.82
0.950.830.850.950.90.940.50.690.830.820.780.20.870.890.930.170.940.64-0.580.950.560.95
0.820.790.730.840.80.820.540.470.570.820.59-0.150.670.790.79-0.160.780.43-0.510.820.390.84
0.860.820.980.770.740.770.670.650.890.780.590.240.750.670.870.670.870.42-0.30.780.290.71
0.170.130.10.140.130.15-0.450.260.390.2-0.150.240.230.170.140.490.180.13-0.070.230.230.21
0.940.80.80.950.90.970.50.960.810.870.670.750.230.830.920.190.930.38-0.840.940.830.88
0.890.910.740.910.980.90.40.690.840.890.790.670.170.830.850.090.890.6-0.580.940.550.96
0.990.840.920.970.90.960.640.80.880.930.790.870.140.920.850.270.990.5-0.640.950.620.92
0.240.290.510.110.130.120.250.230.530.17-0.160.670.490.190.090.270.280.140.250.17-0.160.07
0.990.880.920.970.940.970.620.80.910.940.780.870.180.930.890.990.280.51-0.630.970.610.93
0.540.40.450.540.530.510.020.210.510.640.430.420.130.380.60.50.140.51-0.110.560.180.63
-0.67-0.46-0.39-0.74-0.65-0.78-0.25-0.88-0.4-0.58-0.51-0.3-0.07-0.84-0.58-0.640.25-0.63-0.11-0.7-0.97-0.65
0.980.880.840.990.960.990.460.810.860.950.820.780.230.940.940.950.170.970.56-0.70.680.99
0.650.380.340.710.610.750.130.880.430.560.390.290.230.830.550.62-0.160.610.18-0.970.680.65
0.950.850.780.970.950.960.390.730.820.950.840.710.210.880.960.920.070.930.63-0.650.990.65
Click cells to compare fundamentals

Viemed Healthcare Account Relationship Matchups

Viemed Healthcare fundamental ratios Accounts

201920202021202220232024 (projected)
Total Assets82.6M112.6M118.0M117.0M154.1M88.3M
Other Current Liab9.1M12.9M8.9M11.1M19.6M20.6M
Total Current Liabilities25.9M23.0M17.8M18.9M32.0M20.2M
Total Stockholder Equity43.7M81.7M94.8M97.1M113.3M62.8M
Other Liab2.3M859K757K889K1.0M816.6K
Net Tangible Assets43.7M81.7M94.8M97.1M111.7M117.2M
Retained Earnings34.1M65.6M73.3M69.8M79.1M48.5M
Accounts Payable4.7M2.1M3.2M2.7M4.2M3.5M
Cash13.4M31.0M28.4M16.9M12.8M15.3M
Non Current Assets Total54.8M65.4M70.7M77.3M115.9M121.7M
Non Currrent Assets Other13K863K862K1.6M727.3K690.9K
Other Assets13K9.6M5.6M4.7M1.00.95
Long Term Debt7.6M5.8M4.3M6.0M6.9M7.2M
Cash And Short Term Investments13.4M31.0M28.4M16.9M12.8M14.9M
Net Receivables11.5M12.4M14.7M15.4M18.4M12.7M
Common Stock Total Equity3.4M9.2M14.0M15.1M17.4M18.3M
Common Stock Shares Outstanding39.7M40.5M40.7M39.8M40.4M38.7M
Long Term Debt Total394K10.7M5.8M4.3M5.0M3.9M
Liabilities And Stockholders Equity82.6M112.6M118.0M117.0M154.1M85.6M
Non Current Liabilities Total13.0M7.9M5.3M1.1M8.8M5.0M
Capital Surpluse6.4M7.3M7.7M12.1M13.9M14.6M
Capital Lease Obligations10.1M3.5M732K694K3.3M2.9M
Inventory1.4M2.3M2.5M3.6M4.6M2.7M
Other Current Assets1.6M1.5M1.7M3.8M2.4M1.6M
Other Stockholder Equity6.4M7.3M7.7M12.1M15.6M9.2M
Total Liab38.9M30.9M23.1M19.9M40.8M25.5M
Property Plant And Equipment Gross54.8M55.1M90.9M108.3M129.8M136.3M
Short Long Term Debt1.8M1.8M1.5M1.1M1.2M1.1M
Total Current Assets27.8M47.2M47.3M39.7M38.2M32.3M
Accumulated Other Comprehensive Income(8.8M)(157K)(451K)(278K)(319.7K)(335.7K)
Short Term Debt8.8M4.6M1.9M495K2.0M2.6M
Common Stock3.4M9.2M14.0M15.1M18.6M19.5M
Property Plant Equipment54.8M55.1M62.8M68.4M78.7M43.3M
Short Long Term Debt Total19.5M11.1M6.5M694K10.3M8.7M
Property Plant And Equipment Net54.8M55.1M62.8M68.4M76.5M52.6M
Current Deferred Revenue3.3M3.4M3.8M4.6M6.2M4.1M

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When determining whether Viemed Healthcare is a strong investment it is important to analyze Viemed Healthcare's 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 Viemed Healthcare's future performance. For an informed investment choice regarding Viemed 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 Viemed Healthcare. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in population.
For information on how to trade Viemed Stock refer to our How to Trade Viemed Stock guide.
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 Viemed Healthcare's price analysis, check to measure Viemed Healthcare'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 Viemed Healthcare is operating at the current time. Most of Viemed Healthcare's value examination focuses on studying past and present price action to predict the probability of Viemed Healthcare's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Viemed Healthcare's price. Additionally, you may evaluate how the addition of Viemed Healthcare to your portfolios can decrease your overall portfolio volatility.
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Is Viemed Healthcare'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 Viemed Healthcare. If investors know Viemed 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 Viemed Healthcare listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Quarterly Earnings Growth
0.006
Earnings Share
0.25
Revenue Per Share
5.041
Quarterly Revenue Growth
0.279
Return On Assets
0.0716
The market value of Viemed Healthcare is measured differently than its book value, which is the value of Viemed that is recorded on the company's balance sheet. Investors also form their own opinion of Viemed Healthcare's value that differs from its market value or its book value, called intrinsic value, which is Viemed Healthcare'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 Viemed Healthcare's market value can be influenced by many factors that don't directly affect Viemed Healthcare'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 Viemed Healthcare's value and its price as these two are different measures arrived at by different means. Investors typically determine if Viemed Healthcare is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Viemed Healthcare'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.