MVO Total Assets vs Net Tangible Assets 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 Total Assets and its Net Tangible Assets 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.
Total Assets vs Net Tangible Assets
Total Assets vs Net Tangible Assets Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of MV Oil Trust Total Assets account and Net Tangible Assets. At this time, the significance of the direction appears to have strong relationship.
The correlation between MV Oil's Total Assets and Net Tangible Assets is 0.78. Overlapping area represents the amount of variation of Total Assets that can explain the historical movement of Net Tangible Assets 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 Total Assets and Net Tangible 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 Total Assets of MV Oil Trust are associated (or correlated) with its Net Tangible Assets. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Net Tangible Assets has no effect on the direction of Total Assets i.e., MV Oil's Total Assets and Net Tangible Assets go up and down completely randomly.
Correlation Coefficient | 0.78 |
Relationship Direction | Positive |
Relationship Strength | Significant |
Total Assets
Total assets refers to the total amount of MV Oil assets owned. Assets are items that have some economic value and are expended over time to create a benefit for the owner. These assets are usually recorded in MV Oil Trust books under different categories such as cash, marketable securities, accounts receivable,prepaid expenses, inventory, fixed assets, intangible assets, other assets, marketable securities, accounts receivable, prepaid expenses and others. The total value of all owned resources that are expected to provide future economic benefits to the business, including cash, investments, accounts receivable, inventory, property, plant, equipment, and intangible assets.Net Tangible Assets
The total assets of a company minus any intangible assets such as patents, copyrights, and goodwill; it represents the physical assets of a company.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 Profit | 12.1M | 27.2M | 17.8M | 16.9M | Total Revenue | 12.1M | 27.2M | 18.1M | 17.2M |
MV Oil fundamental ratios Correlations
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MV Oil Account Relationship Matchups
High Positive Relationship
High Negative Relationship
MV Oil fundamental ratios Accounts
2019 | 2020 | 2021 | 2022 | 2023 | 2024 (projected) | ||
Total Assets | 12.5M | 10.6M | 7.9M | 6.9M | 5.5M | 5.2M | |
Total Stockholder Equity | 12.5M | 10.6M | 7.9M | 6.9M | 5.5M | 5.2M | |
Cash | 201.7K | 504.6K | 297.1K | 1.0M | 1.3M | 649.1K | |
Liabilities And Stockholders Equity | 12.5M | 10.6M | 7.9M | 6.9M | 5.5M | 5.2M | |
Net Debt | (201.7K) | (504.6K) | (297.1K) | (1.0M) | (1.3M) | (1.2M) | |
Non Current Assets Total | 12.3M | 10.1M | 7.6M | 5.8M | 4.2M | 4.0M | |
Non Currrent Assets Other | (12.3M) | (10.1M) | (7.6M) | (5.8M) | (4.2M) | (4.4M) | |
Cash And Short Term Investments | 201.7K | 504.6K | 297.1K | 1.0M | 1.3M | 1.3M | |
Other Stockholder Equity | 38.1M | 40.3M | 7.9M | 6.9M | 6.2M | 5.9M | |
Total Current Assets | 201.7K | 504.6K | 297.1K | 1.0M | 1.3M | 1.3M | |
Accumulated Other Comprehensive Income | (33.6M) | (35.9M) | (38.1M) | (40.3M) | (36.3M) | (34.5M) | |
Property Plant And Equipment Net | 12.3M | 10.1M | 7.6M | 5.8M | 4.2M | 4.0M | |
Property Plant And Equipment Gross | 14.5M | 12.3M | 10.1M | 50.4M | 57.9M | 31.4M | |
Common Stock Total Equity | 17.0M | 14.7M | 12.5M | 10.6M | 9.5M | 15.9M | |
Common Stock | 12.5M | 10.6M | 7.9M | 6.9M | 5.5M | 5.2M | |
Net Tangible Assets | 12.5M | 10.6M | 7.9M | 6.9M | 6.2M | 12.1M | |
Cash And Equivalents | 201.7K | 504.6K | 297.2K | 1.0M | 1.2M | 1.3M | |
Net Invested Capital | 12.5M | 10.6M | 7.9M | 6.9M | 5.5M | 8.6M | |
Capital Stock | 12.5M | 10.6M | 7.9M | 6.9M | 5.5M | 7.7M |
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 Money Flow Index module to determine momentum by analyzing Money Flow Index and other technical indicators.
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 1.59 | 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.