MVO Non Current Assets Total vs Accounts Payable Analysis

MVO Stock  USD 9.00  0.27  2.91%   
MV Oil financial indicator trend analysis is infinitely more than just investigating MV Oil Trust recent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether MV Oil Trust is a good investment. Please check the relationship between MV Oil Non Current Assets Total and its Accounts Payable accounts. Check out Correlation Analysis to better understand how to build diversified portfolios, which includes a position in MV Oil Trust. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in real.

Non Current Assets Total vs Accounts Payable

Non Current Assets Total vs Accounts Payable Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of MV Oil Trust Non Current Assets Total account and Accounts Payable. At this time, the significance of the direction appears to have strong contrarian relationship.
The correlation between MV Oil's Non Current Assets Total and Accounts Payable is -0.54. Overlapping area represents the amount of variation of Non Current Assets Total that can explain the historical movement of Accounts Payable in the same time period over historical financial statements of MV Oil Trust, assuming nothing else is changed. The correlation between historical values of MV Oil's Non Current Assets Total and Accounts Payable is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Non Current Assets Total of MV Oil Trust are associated (or correlated) with its Accounts Payable. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Accounts Payable has no effect on the direction of Non Current Assets Total i.e., MV Oil's Non Current Assets Total and Accounts Payable go up and down completely randomly.

Correlation Coefficient

-0.54
Relationship DirectionNegative 
Relationship StrengthVery Weak

Non Current Assets Total

The total value of a company's long-term assets, which are not expected to be converted into cash or used up within one year or the operating cycle, including property, plant, and equipment, and intangible assets.

Accounts Payable

An accounting item on the balance sheet that represents MV Oil 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 MV Oil Trust 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.
Most indicators from MV Oil's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into MV Oil Trust 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 Correlation Analysis to better understand how to build diversified portfolios, which includes a position in MV Oil Trust. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in real.
At this time, MV Oil's Enterprise Value Over EBITDA is very stable compared to the past year. As of the 26th of November 2024, Enterprise Value Multiple is likely to grow to 9.75, while Selling General Administrative is likely to drop about 1.2 M.
 2021 2022 2023 2024 (projected)
Gross Profit12.1M27.2M18.1M17.2M
Total Revenue12.1M27.2M18.1M17.2M

MV Oil fundamental ratios Correlations

-0.65-0.720.57-0.74-0.70.57-0.85-0.690.670.470.510.620.970.47-0.610.58-0.610.93-0.030.840.850.780.790.8-0.58
-0.650.62-0.380.950.57-0.20.660.52-0.64-0.72-0.73-0.76-0.65-0.350.75-0.640.75-0.620.38-0.48-0.57-0.53-0.48-0.50.7
-0.720.620.030.831.0-0.760.860.99-0.24-0.08-0.12-0.25-0.57-0.690.22-0.380.22-0.48-0.02-0.42-0.33-0.34-0.34-0.340.15
0.57-0.380.03-0.260.07-0.31-0.090.090.780.480.460.680.75-0.28-0.680.39-0.680.83-0.320.860.910.90.880.86-0.74
-0.740.950.83-0.260.79-0.430.80.75-0.55-0.55-0.57-0.64-0.68-0.510.62-0.610.62-0.630.26-0.5-0.53-0.51-0.47-0.490.56
-0.70.571.00.070.79-0.780.851.0-0.2-0.02-0.07-0.2-0.54-0.690.17-0.350.17-0.45-0.05-0.4-0.3-0.31-0.32-0.320.1
0.57-0.2-0.76-0.31-0.43-0.78-0.83-0.8-0.140.00.06-0.140.360.710.130.150.130.240.450.130.07-0.010.050.10.21
-0.850.660.86-0.090.80.85-0.830.83-0.4-0.45-0.5-0.43-0.71-0.730.43-0.540.43-0.62-0.09-0.44-0.47-0.38-0.39-0.420.35
-0.690.520.990.090.751.0-0.80.83-0.160.03-0.02-0.15-0.52-0.70.12-0.320.12-0.43-0.08-0.38-0.27-0.29-0.3-0.30.05
0.67-0.64-0.240.78-0.55-0.2-0.14-0.4-0.160.650.650.960.780.14-0.960.68-0.960.81-0.50.710.840.830.740.69-0.97
0.47-0.72-0.080.48-0.55-0.020.0-0.450.030.651.00.780.530.13-0.810.61-0.810.55-0.260.310.550.40.360.41-0.79
0.51-0.73-0.120.46-0.57-0.070.06-0.5-0.020.651.00.780.560.18-0.810.62-0.810.57-0.240.320.560.410.370.42-0.78
0.62-0.76-0.250.68-0.64-0.2-0.14-0.43-0.150.960.780.780.710.17-1.00.71-1.00.74-0.530.590.750.720.620.6-0.99
0.97-0.65-0.570.75-0.68-0.540.36-0.71-0.520.780.530.560.710.3-0.710.59-0.710.99-0.130.920.950.90.890.89-0.7
0.47-0.35-0.69-0.28-0.51-0.690.71-0.73-0.70.140.130.180.170.3-0.160.34-0.160.20.030.060.070.10.080.03-0.07
-0.610.750.22-0.680.620.170.130.430.12-0.96-0.81-0.81-1.0-0.71-0.16-0.721.0-0.730.51-0.57-0.75-0.7-0.61-0.590.99
0.58-0.64-0.380.39-0.61-0.350.15-0.54-0.320.680.610.620.710.590.34-0.72-0.720.58-0.70.360.530.50.350.32-0.7
-0.610.750.22-0.680.620.170.130.430.12-0.96-0.81-0.81-1.0-0.71-0.161.0-0.72-0.730.51-0.57-0.75-0.7-0.61-0.590.99
0.93-0.62-0.480.83-0.63-0.450.24-0.62-0.430.810.550.570.740.990.2-0.730.58-0.73-0.180.950.980.930.920.92-0.74
-0.030.38-0.02-0.320.26-0.050.45-0.09-0.08-0.5-0.26-0.24-0.53-0.130.030.51-0.70.51-0.18-0.12-0.24-0.33-0.14-0.070.52
0.84-0.48-0.420.86-0.5-0.40.13-0.44-0.380.710.310.320.590.920.06-0.570.36-0.570.95-0.120.960.960.980.96-0.6
0.85-0.57-0.330.91-0.53-0.30.07-0.47-0.270.840.550.560.750.950.07-0.750.53-0.750.98-0.240.960.970.950.94-0.77
0.78-0.53-0.340.9-0.51-0.31-0.01-0.38-0.290.830.40.410.720.90.1-0.70.5-0.70.93-0.330.960.970.980.93-0.73
0.79-0.48-0.340.88-0.47-0.320.05-0.39-0.30.740.360.370.620.890.08-0.610.35-0.610.92-0.140.980.950.980.97-0.64
0.8-0.5-0.340.86-0.49-0.320.1-0.42-0.30.690.410.420.60.890.03-0.590.32-0.590.92-0.070.960.940.930.97-0.62
-0.580.70.15-0.740.560.10.210.350.05-0.97-0.79-0.78-0.99-0.7-0.070.99-0.70.99-0.740.52-0.6-0.77-0.73-0.64-0.62
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MV Oil Account Relationship Matchups

MV Oil fundamental ratios Accounts

201920202021202220232024 (projected)
Total Assets12.5M10.6M7.9M6.9M5.5M5.2M
Total Stockholder Equity12.5M10.6M7.9M6.9M5.5M5.2M
Cash201.7K504.6K297.1K1.0M1.3M649.1K
Liabilities And Stockholders Equity12.5M10.6M7.9M6.9M5.5M5.2M
Net Debt(201.7K)(504.6K)(297.1K)(1.0M)(1.3M)(1.2M)
Non Current Assets Total12.3M10.1M7.6M5.8M4.2M4.0M
Non Currrent Assets Other(12.3M)(10.1M)(7.6M)(5.8M)(4.2M)(4.4M)
Cash And Short Term Investments201.7K504.6K297.1K1.0M1.3M1.3M
Other Stockholder Equity38.1M40.3M7.9M6.9M6.2M5.9M
Total Current Assets201.7K504.6K297.1K1.0M1.3M1.3M
Accumulated Other Comprehensive Income(33.6M)(35.9M)(38.1M)(40.3M)(36.3M)(34.5M)
Property Plant And Equipment Net12.3M10.1M7.6M5.8M4.2M4.0M
Property Plant And Equipment Gross14.5M12.3M10.1M50.4M57.9M31.4M
Common Stock Total Equity17.0M14.7M12.5M10.6M9.5M15.9M
Common Stock12.5M10.6M7.9M6.9M5.5M5.2M
Net Tangible Assets12.5M10.6M7.9M6.9M6.2M12.1M
Cash And Equivalents201.7K504.6K297.2K1.0M1.2M1.3M
Net Invested Capital12.5M10.6M7.9M6.9M5.5M8.6M
Capital Stock12.5M10.6M7.9M6.9M5.5M7.7M
When determining whether MV Oil Trust offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of MV Oil'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 Mv Oil Trust Stock. Outlined below are crucial reports that will aid in making a well-informed decision on Mv Oil Trust Stock:
Check out Correlation Analysis to better understand how to build diversified portfolios, which includes a position in MV Oil Trust. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in real.
You can also try the Instant Ratings module to determine any equity ratings based on digital recommendations. Macroaxis instant equity ratings are based on combination of fundamental analysis and risk-adjusted market performance.
Is Oil & Gas Exploration & Production space 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 MV Oil. If investors know MVO 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 MV Oil 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
0.134
Earnings Share
1.58
Revenue Per Share
1.604
Quarterly Revenue Growth
0.072
Return On Assets
1.8876
The market value of MV Oil Trust is measured differently than its book value, which is the value of MVO that is recorded on the company's balance sheet. Investors also form their own opinion of MV Oil's value that differs from its market value or its book value, called intrinsic value, which is MV Oil'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 MV Oil's market value can be influenced by many factors that don't directly affect MV Oil'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 MV Oil's value and its price as these two are different measures arrived at by different means. Investors typically determine if MV Oil is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, MV Oil'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.