Vuzix Accounts Payable vs Total Current Assets Analysis

VUZI Stock  USD 1.33  0.07  5.00%   
Vuzix Corp financial indicator trend analysis is much more than just breaking down Vuzix Corp Cmn prevalent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Vuzix Corp Cmn is a good investment. Please check the relationship between Vuzix Corp Accounts Payable and its Total Current Assets accounts. Check out World Market Map to better understand how to build diversified portfolios, which includes a position in Vuzix Corp Cmn. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in nation.

Accounts Payable vs Total Current Assets

Accounts Payable vs Total Current Assets Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Vuzix Corp Cmn Accounts Payable account and Total Current Assets. At this time, the significance of the direction appears to have significant contrarian relationship.
The correlation between Vuzix Corp's Accounts Payable and Total Current Assets is -0.3. Overlapping area represents the amount of variation of Accounts Payable that can explain the historical movement of Total Current Assets in the same time period over historical financial statements of Vuzix Corp Cmn, assuming nothing else is changed. The correlation between historical values of Vuzix Corp's Accounts Payable and Total Current Assets 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 Vuzix Corp Cmn are associated (or correlated) with its Total Current Assets. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Total Current Assets has no effect on the direction of Accounts Payable i.e., Vuzix Corp's Accounts Payable and Total Current Assets go up and down completely randomly.

Correlation Coefficient

-0.3
Relationship DirectionNegative 
Relationship StrengthInsignificant

Accounts Payable

An accounting item on the balance sheet that represents Vuzix Corp 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 Vuzix Corp Cmn 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.

Total Current Assets

The total value of all assets that are expected to be converted into cash within one year or during the normal operating cycle.
Most indicators from Vuzix Corp's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Vuzix Corp Cmn 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 Vuzix Corp Cmn. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in nation.
As of now, Vuzix Corp's Selling General Administrative is increasing as compared to previous years. The Vuzix Corp's current Issuance Of Capital Stock is estimated to increase to 0.00, while Enterprise Value Over EBITDA is projected to decrease to (2.46).
 2021 2022 2023 2024 (projected)
Total Operating Expenses42.2M43.6M47.7M50.1M
Cost Of Revenue10.7M10.4M14.8M7.7M

Vuzix Corp fundamental ratios Correlations

-0.410.620.420.990.74-0.93-0.86-0.350.910.720.370.910.76-0.170.93-0.470.920.92-0.120.850.93-0.260.69-0.160.85
-0.41-0.250.28-0.42-0.420.340.490.58-0.29-0.44-0.38-0.29-0.360.56-0.49-0.04-0.29-0.480.14-0.46-0.30.93-0.420.55-0.4
0.62-0.250.80.580.28-0.48-0.52-0.360.480.630.080.480.61-0.070.56-0.230.60.550.340.450.52-0.140.72-0.060.65
0.420.280.80.360.09-0.27-0.30.150.290.470.020.290.50.270.32-0.240.370.320.480.290.320.440.560.270.38
0.99-0.420.580.360.77-0.92-0.86-0.360.90.710.390.90.76-0.170.94-0.530.920.93-0.220.860.92-0.280.67-0.170.85
0.74-0.420.280.090.77-0.54-0.93-0.370.490.790.710.490.76-0.280.9-0.60.730.91-0.470.920.54-0.310.69-0.280.62
-0.930.34-0.48-0.27-0.92-0.540.640.3-1.0-0.41-0.06-1.0-0.490.2-0.760.38-0.87-0.740.15-0.63-0.990.24-0.380.2-0.82
-0.860.49-0.52-0.3-0.86-0.930.640.42-0.59-0.91-0.71-0.59-0.860.26-0.980.48-0.8-0.990.21-0.95-0.640.34-0.850.25-0.69
-0.350.58-0.360.15-0.36-0.370.30.42-0.28-0.32-0.15-0.28-0.190.48-0.420.16-0.36-0.40.22-0.32-0.30.56-0.310.48-0.36
0.91-0.290.480.290.90.49-1.0-0.59-0.280.370.01.00.46-0.170.72-0.380.870.7-0.130.581.0-0.190.34-0.170.81
0.72-0.440.630.470.710.79-0.41-0.91-0.320.370.810.370.93-0.090.87-0.40.60.880.00.910.42-0.270.99-0.080.56
0.37-0.380.080.020.390.71-0.06-0.71-0.150.00.810.00.710.00.62-0.260.230.64-0.180.770.04-0.230.740.010.14
0.91-0.290.480.290.90.49-1.0-0.59-0.281.00.370.00.46-0.170.72-0.380.870.7-0.130.581.0-0.190.34-0.170.81
0.76-0.360.610.50.760.76-0.49-0.86-0.190.460.930.710.460.030.85-0.480.650.86-0.050.880.51-0.210.920.030.56
-0.170.56-0.070.27-0.17-0.280.20.260.48-0.17-0.090.0-0.170.03-0.26-0.18-0.27-0.230.05-0.15-0.180.47-0.051.0-0.38
0.93-0.490.560.320.940.9-0.76-0.98-0.420.720.870.620.720.85-0.26-0.480.861.0-0.20.950.76-0.350.82-0.250.77
-0.47-0.04-0.23-0.24-0.53-0.60.380.480.16-0.38-0.4-0.26-0.38-0.48-0.18-0.48-0.51-0.510.73-0.5-0.4-0.09-0.34-0.18-0.36
0.92-0.290.60.370.920.73-0.87-0.8-0.360.870.60.230.870.65-0.270.86-0.510.85-0.230.750.9-0.210.56-0.260.9
0.92-0.480.550.320.930.91-0.74-0.99-0.40.70.880.640.70.86-0.231.0-0.510.85-0.220.960.74-0.330.82-0.220.75
-0.120.140.340.48-0.22-0.470.150.210.22-0.130.0-0.18-0.13-0.050.05-0.20.73-0.23-0.22-0.22-0.140.230.110.04-0.09
0.85-0.460.450.290.860.92-0.63-0.95-0.320.580.910.770.580.88-0.150.95-0.50.750.96-0.220.62-0.290.85-0.140.7
0.93-0.30.520.320.920.54-0.99-0.64-0.31.00.420.041.00.51-0.180.76-0.40.90.74-0.140.62-0.20.39-0.180.84
-0.260.93-0.140.44-0.28-0.310.240.340.56-0.19-0.27-0.23-0.19-0.210.47-0.35-0.09-0.21-0.330.23-0.29-0.2-0.240.47-0.31
0.69-0.420.720.560.670.69-0.38-0.85-0.310.340.990.740.340.92-0.050.82-0.340.560.820.110.850.39-0.24-0.040.54
-0.160.55-0.060.27-0.17-0.280.20.250.48-0.17-0.080.01-0.170.031.0-0.25-0.18-0.26-0.220.04-0.14-0.180.47-0.04-0.37
0.85-0.40.650.380.850.62-0.82-0.69-0.360.810.560.140.810.56-0.380.77-0.360.90.75-0.090.70.84-0.310.54-0.37
Click cells to compare fundamentals

Vuzix Corp Account Relationship Matchups

Vuzix Corp fundamental ratios Accounts

201920202021202220232024 (projected)
Total Assets28.4M52.5M148.5M132.3M86.1M90.5M
Other Current Liab904.6K1.1M1.5M13.4M3.5M1.9M
Total Current Liabilities2.6M3.1M4.2M15.3M5.2M5.9M
Total Stockholder Equity24.2M48.3M143.7M116.7M80.8M84.8M
Property Plant And Equipment Net6.4M4.4M6.3M4.8M8.4M8.8M
Net Debt(8.5M)(34.6M)(119.1M)(71.6M)(26.3M)(27.6M)
Retained Earnings(144.7M)(162.7M)(203.1M)(243.8M)(294.0M)(279.3M)
Accounts Payable1.1M1.5M2.1M1.2M1.6M2.1M
Cash10.6M36.1M120.2M72.6M26.6M20.3M
Non Current Assets Total9.4M7.4M11.3M41.1M44.6M46.9M
Non Currrent Assets Other2.0B2.5B491.9K631.1K36.3B38.1B
Cash And Short Term Investments10.6M36.1M120.2M72.6M26.6M20.3M
Net Receivables1.6M1.4M2.2M4.3M4.2M4.4M
Common Stock Total Equity33.1K45.6K63.7K63.8K57.4K88.7K
Common Stock Shares Outstanding30.3M38.1M61.1M63.7M63.4M66.6M
Liabilities And Stockholders Equity28.4M52.5M148.5M132.3M86.1M90.5M
Non Current Liabilities Total1.6M1.1M582.9K305.2K137.7K130.8K
Inventory5.7M6.1M12.2M11.3M9.0M4.8M
Other Stockholder Equity169.0M211.0M346.7M360.5M374.7M393.4M
Total Liab4.2M4.2M4.7M15.6M5.4M6.6M
Property Plant And Equipment Gross6.4M2.8M12.2M11.1M15.7M16.5M
Total Current Assets19.1M45.1M137.2M91.2M41.5M27.8M
Intangible Assets2.7M2.8M4.1M33.6M29.8M31.3M
Common Stock33.1K45.6K63.7K63.8K65.3K86.7K
Other Current Assets895.1K272.4K2.0M2.1M1.3M764.3K
Current Deferred Revenue142.5K41.2K27.8K29.1K18.8K17.9K
Property Plant Equipment6.4M2.8M5.2M3.9M4.5M3.0M
Net Tangible Assets21.5M46.7M147.6M112.9M129.8M136.3M
Other Assets350K4.0M491.9K631.1K(1.0)(0.95)
Capital Surpluse169.0M211.0M346.7M362.5M416.9M209.5M
Net Invested Capital24.2M48.3M143.7M116.7M80.8M73.2M
Net Working Capital16.4M42.0M133.0M76.0M36.3M53.8M
Capital Stock33.2K45.7K63.7K63.8K65.3K54.9K

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When determining whether Vuzix Corp Cmn offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of Vuzix Corp's financial statements, including income statements, balance sheets, and cash flow statements, to assess its financial health. Key financial ratios are used to gauge profitability, efficiency, and growth potential of Vuzix Corp Cmn Stock. Outlined below are crucial reports that will aid in making a well-informed decision on Vuzix Corp Cmn Stock:
Check out World Market Map to better understand how to build diversified portfolios, which includes a position in Vuzix Corp Cmn. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in nation.
Note that the Vuzix Corp Cmn information on this page should be used as a complementary analysis to other Vuzix Corp's statistical models used to find the right mix of equity instruments to add to your existing portfolios or create a brand new portfolio. You can also try the Price Transformation module to use Price Transformation models to analyze the depth of different equity instruments across global markets.

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Is Vuzix Corp'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 Vuzix Corp. If investors know Vuzix 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 Vuzix Corp listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Earnings Share
(0.79)
Revenue Per Share
0.191
Quarterly Revenue Growth
(0.63)
Return On Assets
(0.29)
Return On Equity
(0.51)
The market value of Vuzix Corp Cmn is measured differently than its book value, which is the value of Vuzix that is recorded on the company's balance sheet. Investors also form their own opinion of Vuzix Corp's value that differs from its market value or its book value, called intrinsic value, which is Vuzix Corp'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 Vuzix Corp's market value can be influenced by many factors that don't directly affect Vuzix Corp'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 Vuzix Corp's value and its price as these two are different measures arrived at by different means. Investors typically determine if Vuzix Corp is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Vuzix Corp'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.