Vermilion Non Currrent Assets Other vs Non Current Liabilities Total Analysis
VET Stock | CAD 14.22 0.42 2.87% |
Vermilion Energy financial indicator trend analysis is much more than just breaking down Vermilion Energy prevalent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Vermilion Energy is a good investment. Please check the relationship between Vermilion Energy Non Currrent Assets Other and its Non Current Liabilities Total accounts. Check out World Market Map to better understand how to build diversified portfolios, which includes a position in Vermilion Energy. 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. To learn how to invest in Vermilion Stock, please use our How to Invest in Vermilion Energy guide.
Non Currrent Assets Other vs Non Current Liabilities Total
Non Currrent Assets Other vs Non Current Liabilities Total Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Vermilion Energy Non Currrent Assets Other account and Non Current Liabilities Total. At this time, the significance of the direction appears to have very week relationship.
The correlation between Vermilion Energy's Non Currrent Assets Other and Non Current Liabilities Total is 0.22. Overlapping area represents the amount of variation of Non Currrent Assets Other that can explain the historical movement of Non Current Liabilities Total in the same time period over historical financial statements of Vermilion Energy, assuming nothing else is changed. The correlation between historical values of Vermilion Energy's Non Currrent Assets Other and Non Current Liabilities Total 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 Currrent Assets Other of Vermilion Energy are associated (or correlated) with its Non Current Liabilities Total. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Non Current Liabilities Total has no effect on the direction of Non Currrent Assets Other i.e., Vermilion Energy's Non Currrent Assets Other and Non Current Liabilities Total go up and down completely randomly.
Correlation Coefficient | 0.22 |
Relationship Direction | Positive |
Relationship Strength | Very Weak |
Non Currrent Assets Other
Assets that are not physical or tangible, expected to provide value for more than one year, and not easily converted into cash, such as long-term investments or patents.Non Current Liabilities Total
Most indicators from Vermilion Energy's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Vermilion Energy 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 Vermilion Energy. 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. To learn how to invest in Vermilion Stock, please use our How to Invest in Vermilion Energy guide.At this time, Vermilion Energy'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 7.65, while Selling General Administrative is likely to drop about 89.5 M.
2021 | 2022 | 2023 | 2024 (projected) | Gross Profit | 1.3B | 2.6B | 359.4M | 579.1M | Total Revenue | 2.2B | 3.7B | 1.9B | 1.0B |
Vermilion Energy fundamental ratios Correlations
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Vermilion Energy Account Relationship Matchups
High Positive Relationship
High Negative Relationship
Vermilion Energy fundamental ratios Accounts
2019 | 2020 | 2021 | 2022 | 2023 | 2024 (projected) | ||
Total Assets | 5.9B | 4.1B | 5.9B | 7.0B | 6.2B | 6.5B | |
Short Long Term Debt Total | 2.0B | 2.0B | 1.7B | 1.1B | 968.1M | 745.1M | |
Total Current Liabilities | 416.2M | 433.1M | 746.8M | 892.0M | 696.1M | 730.9M | |
Total Stockholder Equity | 2.5B | 925.4M | 2.1B | 3.4B | 3.0B | 3.2B | |
Property Plant And Equipment Net | 5.3B | 3.4B | 5.1B | 6.0B | 4.9B | 2.5B | |
Net Debt | 2.0B | 2.0B | 1.7B | 1.1B | 827.3M | 675.7M | |
Retained Earnings | (1.8B) | (3.4B) | (2.3B) | (1.0B) | (1.3B) | (1.2B) | |
Accounts Payable | 312.4M | 297.7M | 440.7M | 481.4M | 359.3M | 214.3M | |
Non Current Assets Total | 5.5B | 3.8B | 5.4B | 6.3B | 5.4B | 5.7B | |
Non Currrent Assets Other | 1.2M | 20.1M | 2.5M | 132.6M | 198.4M | 208.3M | |
Net Receivables | 211.4M | 196.1M | 328.6M | 373.7M | 242.9M | 142.9M | |
Common Stock Shares Outstanding | 156.1M | 157.9M | 164.8M | 168.4M | 163.7M | 100.1M | |
Liabilities And Stockholders Equity | 5.9B | 4.1B | 5.9B | 7.0B | 6.2B | 6.5B | |
Non Current Liabilities Total | 3.0B | 2.8B | 3.1B | 2.7B | 2.5B | 1.3B | |
Other Stockholder Equity | 75.7M | 66.3M | 49.5M | 35.4M | 43.3M | 41.2M | |
Total Liab | 3.4B | 3.2B | 3.8B | 3.6B | 3.2B | 1.6B | |
Property Plant And Equipment Gross | 5.3B | 3.4B | 11.3B | 12.5B | 13.4B | 14.1B | |
Total Current Assets | 347.7M | 261.0M | 472.8M | 714.4M | 823.5M | 864.7M | |
Accumulated Other Comprehensive Income | 49.6M | 78.0M | 28.5M | 123.5M | 109.3M | 114.8M | |
Short Term Debt | 23.7M | 22.9M | 15.0M | 19.5M | 21.1M | 20.0M | |
Other Current Assets | 77.9M | 44.6M | 118.2M | 307.3M | 381.8M | 400.9M | |
Cash | 29.0M | 6.9M | 6.0M | 13.8M | 140.8M | 74.1M | |
Cash And Short Term Investments | 29.0M | 6.9M | 6.0M | 13.8M | 141.5M | 76.8M | |
Inventory | 29.4M | 13.4M | 20.1M | 19.7M | 57.3M | 60.2M | |
Other Current Liab | 103.8M | 135.5M | 306.2M | 410.6M | 732.0K | 695.4K | |
Short Term Investments | 205K | 130K | 127K | 135K | 661K | 628.0K | |
Common Stock Total Equity | 2.7B | 4.0B | 4.1B | 4.2B | 4.8B | 3.0B | |
Common Stock | 4.1B | 4.2B | 4.2B | 4.2B | 4.1B | 3.4B | |
Other Liab | 978.9M | 740.2M | 1.4B | 1.6B | 1.8B | 1.0B | |
Net Tangible Assets | 2.5B | 925.4M | 2.1B | 3.4B | 3.9B | 2.2B | |
Other Assets | 216.7M | 486.9M | 375.0M | 258.1M | 296.9M | 251.2M | |
Long Term Debt | 1.9B | 1.9B | 1.7B | 1.1B | 914.0M | 1.5B | |
Property Plant Equipment | 5.3B | 3.4B | 5.1B | 6.0B | 6.9B | 4.8B | |
Current Deferred Revenue | (23.7M) | (22.9M) | (15.0M) | (19.5M) | 315.0M | 330.7M | |
Long Term Debt Total | 2.0B | 2.0B | 1.7B | 1.1B | 1.3B | 1.7B | |
Capital Surpluse | 75.7M | 66.3M | 49.5M | 35.4M | 31.9M | 59.9M |
Pair Trading with Vermilion Energy
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 Vermilion Energy 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 Vermilion Energy will appreciate offsetting losses from the drop in the long position's value.Moving together with Vermilion Stock
Moving against Vermilion Stock
The ability to find closely correlated positions to Vermilion Energy could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Vermilion Energy 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 Vermilion Energy - 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 Vermilion Energy to buy it.
The correlation of Vermilion Energy 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 Vermilion Energy moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Vermilion Energy 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 Vermilion Energy 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.Check out World Market Map to better understand how to build diversified portfolios, which includes a position in Vermilion Energy. 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. To learn how to invest in Vermilion Stock, please use our How to Invest in Vermilion Energy guide.You can also try the Sign In To Macroaxis module to sign in to explore Macroaxis' wealth optimization platform and fintech modules.