Vecima Free Cash Flow Per Share vs Ev To Sales Analysis

VCM Stock

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Vecima Networks financial indicator trend analysis is much more than just breaking down Vecima Networks prevalent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Vecima Networks is a good investment. Please check the relationship between Vecima Networks Free Cash Flow Per Share and its Ev To Sales accounts. Check out World Market Map to better understand how to build diversified portfolios, which includes a position in Vecima Networks. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in board of governors.

Free Cash Flow Per Share vs Ev To Sales

Free Cash Flow Per Share vs Ev To Sales Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Vecima Networks Free Cash Flow Per Share account and Ev To Sales. At this time, the significance of the direction appears to have weak contrarian relationship.

The correlation between Vecima Networks' Free Cash Flow Per Share and Ev To Sales is -0.05. Overlapping area represents the amount of variation of Free Cash Flow Per Share that can explain the historical movement of Ev To Sales in the same time period over historical financial statements of Vecima Networks, assuming nothing else is changed. The correlation between historical values of Vecima Networks' Free Cash Flow Per Share and Ev To Sales is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Free Cash Flow Per Share of Vecima Networks are associated (or correlated) with its Ev To Sales. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Ev To Sales has no effect on the direction of Free Cash Flow Per Share i.e., Vecima Networks' Free Cash Flow Per Share and Ev To Sales go up and down completely randomly.

Correlation Coefficient

-0.05

Relationship Direction	Negative
Relationship Strength	Insignificant

View All Relationships

Free Cash Flow Per Share

The amount of cash a company generates after accounting for capital expenditures, divided by the number of outstanding shares. It represents the cash available for dividends, share buybacks, or debt repayment per share.

Ev To Sales

The Enterprise Value to Sales ratio, a valuation metric used to compare the value of a company, including debt and excluding cash, to its sales revenue.

Most indicators from Vecima Networks' fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Vecima Networks 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 Vecima Networks. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in board of governors.

At this time, Vecima Networks' Selling General Administrative is very stable compared to the past year. As of the 3rd of November 2024, Discontinued Operations is likely to grow to about 2.3 M, while Issuance Of Capital Stock is likely to drop 0.00.

	2021	2022	2023	2024 (projected)
Gross Profit	90.0M	142.0M	136.7M	143.5M
Total Revenue	186.8M	303.4M	291.0M	305.6M

Gross Profit Total Revenue

Vecima Networks fundamental ratios Correlations

	Total Assets	Short Long Term Debt Total	Total Stockholder Equity	Net Debt	Cash	Other Assets	Cash And Short Term Investments	Common Stock Shares Outstanding	Non Current Liabilities Total	Other Stockholder Equity	Total Liab	Total Current Assets	Other Current Liab	Total Current Liabilities	Property Plant And Equipment Net	Current Deferred Revenue	Retained Earnings	Accounts Payable	Non Current Assets Total	Non Currrent Assets Other	Net Receivables	Inventory	Other Current Assets	Property Plant And Equipment Gross	Short Term Debt	Intangible Assets
Total Assets		0.89	0.73	0.81	-0.38	0.67	-0.4	0.74	0.7	-0.44	0.92	0.96	-0.02	0.91	-0.2	0.93	0.66	0.85	0.75	-0.19	0.9	0.88	0.47	0.46	0.85	0.87
Short Long Term Debt Total	0.89		0.41	0.96	-0.6	0.63	-0.68	0.4	0.9	-0.25	0.99	0.89	-0.16	0.99	-0.04	0.95	0.31	0.97	0.55	-0.29	0.93	0.99	0.51	0.46	0.98	0.72
Total Stockholder Equity	0.73	0.41		0.3	-0.02	0.61	0.1	0.89	0.19	-0.5	0.44	0.65	0.17	0.43	-0.31	0.52	0.97	0.44	0.84	0.03	0.5	0.39	0.45	0.27	0.37	0.68
Net Debt	0.81	0.96	0.3		-0.76	0.52	-0.59	0.3	0.84	-0.24	0.93	0.87	-0.33	0.94	-0.1	0.87	0.22	0.88	0.39	-0.22	0.84	0.97	0.32	0.36	0.96	0.61
Cash	-0.38	-0.6	-0.02	-0.76		-0.22	0.3	0.04	-0.53	0.16	-0.52	-0.52	0.43	-0.53	0.18	-0.45	0.01	-0.57	0.01	0.03	-0.43	-0.6	-0.22	0.07	-0.62	-0.17
Other Assets	0.67	0.63	0.61	0.52	-0.22		-0.59	0.43	0.62	-0.24	0.67	0.51	0.3	0.66	-0.27	0.73	0.53	0.67	0.88	-0.62	0.73	0.55	0.58	0.55	0.57	0.8
Cash And Short Term Investments	-0.4	-0.68	0.1	-0.59	0.3	-0.59		0.08	-0.81	-0.21	-0.68	-0.32	-0.11	-0.67	-0.29	-0.64	0.23	-0.7	-0.35	0.71	-0.71	-0.63	-0.42	-0.52	-0.63	-0.42
Common Stock Shares Outstanding	0.74	0.4	0.89	0.3	0.04	0.43	0.08		0.16	-0.46	0.45	0.7	0.12	0.43	0.0	0.48	0.83	0.41	0.67	0.02	0.52	0.44	0.31	0.3	0.35	0.56
Non Current Liabilities Total	0.7	0.9	0.19	0.84	-0.53	0.62	-0.81	0.16		-0.15	0.91	0.68	0.15	0.9	0.02	0.9	0.11	0.9	0.48	-0.37	0.87	0.85	0.58	0.59	0.82	0.64
Other Stockholder Equity	-0.44	-0.25	-0.5	-0.24	0.16	-0.24	-0.21	-0.46	-0.15		-0.29	-0.39	-0.16	-0.28	0.47	-0.38	-0.64	-0.21	-0.43	-0.18	-0.12	-0.23	-0.25	-0.13	-0.23	-0.47
Total Liab	0.92	0.99	0.44	0.93	-0.52	0.67	-0.68	0.45	0.91	-0.29		0.89	-0.06	1.0	-0.06	0.98	0.36	0.94	0.61	-0.31	0.95	0.97	0.48	0.56	0.95	0.78
Total Current Assets	0.96	0.89	0.65	0.87	-0.52	0.51	-0.32	0.7	0.68	-0.39	0.89		-0.2	0.89	-0.1	0.87	0.58	0.84	0.57	-0.03	0.85	0.92	0.4	0.38	0.87	0.7
Other Current Liab	-0.02	-0.16	0.17	-0.33	0.43	0.3	-0.11	0.12	0.15	-0.16	-0.06	-0.2		-0.1	0.01	0.09	0.2	-0.03	0.39	-0.19	0.07	-0.25	0.45	0.44	-0.32	0.24
Total Current Liabilities	0.91	0.99	0.43	0.94	-0.53	0.66	-0.67	0.43	0.9	-0.28	1.0	0.89	-0.1		-0.08	0.97	0.34	0.94	0.59	-0.31	0.94	0.98	0.45	0.54	0.96	0.77
Property Plant And Equipment Net	-0.2	-0.04	-0.31	-0.1	0.18	-0.27	-0.29	0.0	0.02	0.47	-0.06	-0.1	0.01	-0.08		-0.18	-0.46	-0.01	-0.32	-0.13	0.05	0.03	-0.07	0.22	-0.08	-0.48
Current Deferred Revenue	0.93	0.95	0.52	0.87	-0.45	0.73	-0.64	0.48	0.9	-0.38	0.98	0.87	0.09	0.97	-0.18		0.46	0.93	0.71	-0.31	0.94	0.92	0.58	0.57	0.9	0.86
Retained Earnings	0.66	0.31	0.97	0.22	0.01	0.53	0.23	0.83	0.11	-0.64	0.36	0.58	0.2	0.34	-0.46	0.46		0.34	0.8	0.12	0.37	0.29	0.4	0.2	0.27	0.67
Accounts Payable	0.85	0.97	0.44	0.88	-0.57	0.67	-0.7	0.41	0.9	-0.21	0.94	0.84	-0.03	0.94	-0.01	0.93	0.34		0.6	-0.32	0.92	0.93	0.7	0.41	0.93	0.71
Non Current Assets Total	0.75	0.55	0.84	0.39	0.01	0.88	-0.35	0.67	0.48	-0.43	0.61	0.57	0.39	0.59	-0.32	0.71	0.8	0.6		-0.36	0.66	0.49	0.6	0.52	0.48	0.87
Non Currrent Assets Other	-0.19	-0.29	0.03	-0.22	0.03	-0.62	0.71	0.02	-0.37	-0.18	-0.31	-0.03	-0.19	-0.31	-0.13	-0.31	0.12	-0.32	-0.36		-0.4	-0.25	-0.21	-0.29	-0.26	-0.35
Net Receivables	0.9	0.93	0.5	0.84	-0.43	0.73	-0.71	0.52	0.87	-0.12	0.95	0.85	0.07	0.94	0.05	0.94	0.37	0.92	0.66	-0.4		0.91	0.54	0.59	0.87	0.77
Inventory	0.88	0.99	0.39	0.97	-0.6	0.55	-0.63	0.44	0.85	-0.23	0.97	0.92	-0.25	0.98	0.03	0.92	0.29	0.93	0.49	-0.25	0.91		0.4	0.46	0.97	0.65
Other Current Assets	0.47	0.51	0.45	0.32	-0.22	0.58	-0.42	0.31	0.58	-0.25	0.48	0.4	0.45	0.45	-0.07	0.58	0.4	0.7	0.6	-0.21	0.54	0.4		0.19	0.44	0.52
Property Plant And Equipment Gross	0.46	0.46	0.27	0.36	0.07	0.55	-0.52	0.3	0.59	-0.13	0.56	0.38	0.44	0.54	0.22	0.57	0.2	0.41	0.52	-0.29	0.59	0.46	0.19		0.35	0.43
Short Term Debt	0.85	0.98	0.37	0.96	-0.62	0.57	-0.63	0.35	0.82	-0.23	0.95	0.87	-0.32	0.96	-0.08	0.9	0.27	0.93	0.48	-0.26	0.87	0.97	0.44	0.35		0.67
Intangible Assets	0.87	0.72	0.68	0.61	-0.17	0.8	-0.42	0.56	0.64	-0.47	0.78	0.7	0.24	0.77	-0.48	0.86	0.67	0.71	0.87	-0.35	0.77	0.65	0.52	0.43	0.67

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Vecima Networks Account Relationship Matchups

Vecima Networks fundamental ratios Accounts

	2019	2020	2021	2022	2023	2024 (projected)
Total Assets	210.3M	214.7M	262.6M	331.7M	387.8M	407.2M
Short Long Term Debt Total	6.3M	5.7M	16.9M	36.9M	42.4M	44.6M
Total Stockholder Equity	179.8M	174.9M	179.7M	217.7M	235.0M	152.4M
Net Debt	(11.0M)	(23.2M)	4.0M	34.6M	62.6M	65.8M
Cash	17.4M	28.9M	12.9M	2.3M	2.1M	2.0M
Other Assets	78.3M	88.0M	92.7M	108.5M	124.8M	65.0M
Cash And Short Term Investments	34.5M	28.9M	12.9M	2.3M	2.6M	2.5M
Common Stock Shares Outstanding	22.4M	22.7M	23.1M	23.7M	24.3M	23.9M
Liabilities And Stockholders Equity	210.3M	214.7M	262.6M	331.7M	381.4M	400.5M
Non Current Liabilities Total	6.2M	6.9M	20.0M	19.2M	20.1M	21.1M
Other Stockholder Equity	5.9M	2.3M	2.9M	2.7M	2.5M	2.3M
Total Liab	30.5M	39.8M	82.9M	114.0M	152.9M	160.5M
Total Current Assets	79.7M	77.7M	121.5M	178.5M	217.6M	228.5M
Other Current Liab	11.1M	17.9M	27.6M	9.8M	1.8M	1.7M
Total Current Liabilities	24.4M	32.9M	62.9M	94.8M	132.7M	139.4M
Property Plant And Equipment Net	15.8M	17.5M	19.1M	18.0M	16.6M	17.9M
Current Deferred Revenue	5.0M	7.1M	12.1M	15.1M	17.3M	18.2M
Retained Earnings	170.7M	165.3M	168.9M	190.9M	205.0M	138.7M
Accounts Payable	6.6M	6.2M	21.4M	47.2M	36.3M	38.2M
Non Current Assets Total	130.6M	137.0M	141.1M	153.2M	170.2M	99.6M
Non Currrent Assets Other	1.3M	1.3M	1.4M	1.3M	1.3M	1.2M
Net Receivables	25.8M	29.7M	51.7M	60.9M	69.2M	72.6M
Inventory	17.2M	15.6M	49.6M	101.6M	136.0M	142.8M
Other Current Assets	2.1M	3.5M	7.3M	13.7M	2.3M	2.2M
Property Plant And Equipment Gross	15.8M	51.4M	55.6M	18.0M	59.1M	30.5M
Short Term Debt	1.7M	1.6M	1.8M	22.8M	26.2M	27.5M
Accumulated Other Comprehensive Income	5.9M	2.3M	2.9M	2.7M	3.1M	3.3M
Intangible Assets	69.2M	72.2M	75.9M	83.0M	93.9M	98.6M
Good Will	15.5M	14.5M	14.8M	15.0M	15.3M	7.7M
Common Stock	3.2M	7.3M	7.9M	24.0M	27.6M	29.0M
Other Liab	1.5M	2.8M	4.8M	5.1M	5.9M	6.2M
Net Tangible Assets	143.2M	143.4M	150.5M	191.0M	219.6M	168.2M
Long Term Debt	1.5M	4.1M	15.1M	12.9M	11.8M	5.9M
Deferred Long Term Liab	48.1M	55.3M	61.5M	71.4M	82.1M	42.5M
Short Long Term Debt	1.7M	1.6M	1.8M	22.8M	53.0M	55.7M
Property Plant Equipment	15.8M	17.5M	19.1M	18.0M	16.2M	13.3M
Long Term Debt Total	4.6M	4.1M	15.1M	14.1M	16.2M	17.1M

Pair Trading with Vecima Networks

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

Moving against Vecima Stock

0.57	AAPL	Apple Inc CDR	Pair Corr
0.56	NVDA	NVIDIA CDR	Pair Corr
0.52	META	Meta Platforms CDR	Pair Corr
0.49	XOM	EXXON MOBIL CDR	Pair Corr
0.32	GOOG	Alphabet CDR	Pair Corr

The ability to find closely correlated positions to Vecima Networks could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Vecima Networks 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 Vecima Networks - 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 Vecima Networks to buy it.

The correlation of Vecima Networks 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 Vecima Networks moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Vecima Networks 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 Vecima Networks 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 Correlation Correlation Matching

Other Information on Investing in Vecima Stock

Balance Sheet is a snapshot of the financial position of Vecima Networks at a specified time, usually calculated after every quarter, six months, or one year. Vecima Networks Balance Sheet has two main parts: assets and liabilities. Liabilities are the debts or obligations of Vecima Networks and are divided into current liabilities and long term liabilities. An asset, on the other hand, is anything of value that can be converted into cash and which Vecima currently owns. An asset can also be divided into two categories, current and non-current.

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Vecima Free Cash Flow Per Share vs Ev To Sales Analysis

Free Cash Flow Per Share vs Ev To Sales

Free Cash Flow Per Share vs Ev To Sales Correlation Analysis

Correlation Coefficient

Free Cash Flow Per Share

Ev To Sales

Vecima Networks fundamental ratios Correlations

Vecima Networks Account Relationship Matchups

High Positive Relationship

High Negative Relationship

Vecima Networks fundamental ratios Accounts

Pair Trading with Vecima Networks

Moving against Vecima Stock

Other Information on Investing in Vecima Stock

COMMON DESTINATIONS

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Total Current Liabilities	+ 1.0	Total Liab
Total Liab	+ 0.99	Short Long Term Debt Total
Total Current Liabilities	+ 0.99	Short Long Term Debt Total
Inventory	+ 0.99	Short Long Term Debt Total
Short Term Debt	+ 0.98	Short Long Term Debt Total
Current Deferred Revenue	+ 0.98	Total Liab

Non Current Liabilities Total	- 0.81	Cash And Short Term Investments
Cash	- 0.76	Net Debt
Net Receivables	- 0.71	Cash And Short Term Investments
Accounts Payable	- 0.7	Cash And Short Term Investments
Total Liab	- 0.68	Cash And Short Term Investments
Cash And Short Term Investments	- 0.68	Short Long Term Debt Total