Vermilion Reconciled Depreciation vs Operating Income Analysis

VET Stock  CAD 14.94  0.21  1.39%   
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 Reconciled Depreciation and its Operating Income 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.

Reconciled Depreciation vs Operating Income

Reconciled Depreciation vs Operating Income Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Vermilion Energy Reconciled Depreciation account and Operating Income. At this time, the significance of the direction appears to have no relationship.
The correlation between Vermilion Energy's Reconciled Depreciation and Operating Income is 0.08. Overlapping area represents the amount of variation of Reconciled Depreciation that can explain the historical movement of Operating Income 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 Reconciled Depreciation and Operating Income is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Reconciled Depreciation of Vermilion Energy are associated (or correlated) with its Operating Income. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Operating Income has no effect on the direction of Reconciled Depreciation i.e., Vermilion Energy's Reconciled Depreciation and Operating Income go up and down completely randomly.

Correlation Coefficient

0.08
Relationship DirectionPositive 
Relationship StrengthInsignificant

Reconciled Depreciation

Operating Income

Operating Income is the amount of profit realized from Vermilion Energy operations after accounting for operating expenses such as cost of goods sold (COGS), wages and depreciation. Operating income takes the gross income and subtracts other operating expenses and then removes depreciation. Operating Income of Vermilion Energy is typically a synonym for earnings before interest and taxes (EBIT) and is also commonly referred to as operating profit or recurring profit. Earnings before interest and taxes (EBIT), representing the amount of profit a company generates from its operations.
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 23rd 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 Profit1.3B2.6B359.4M579.1M
Total Revenue2.2B3.7B1.9B1.0B

Vermilion Energy fundamental ratios Correlations

0.580.860.940.860.57-0.480.761.00.640.780.830.78-0.270.820.830.73-0.370.72-0.17-0.180.630.34-0.40.76-0.16
0.580.280.320.750.99-0.740.530.65-0.080.510.760.9-0.340.850.15-0.03-0.21-0.02-0.34-0.360.010.230.240.41-0.04
0.860.280.840.670.28-0.360.790.830.760.840.720.560.00.650.880.81-0.440.78-0.12-0.110.570.54-0.410.68-0.13
0.940.320.840.750.3-0.170.690.910.680.690.640.56-0.190.620.830.83-0.320.8-0.03-0.030.70.25-0.490.71-0.08
0.860.750.670.750.74-0.460.850.880.290.860.910.93-0.250.950.540.4-0.240.38-0.23-0.240.260.480.10.56-0.07
0.570.990.280.30.74-0.780.50.64-0.060.50.750.89-0.380.830.17-0.07-0.270.01-0.49-0.490.00.240.230.35-0.06
-0.48-0.74-0.36-0.17-0.46-0.78-0.35-0.51-0.25-0.42-0.7-0.710.29-0.68-0.35-0.080.49-0.230.520.52-0.2-0.270.08-0.290.44
0.760.530.790.690.850.5-0.350.760.330.960.830.760.020.830.540.53-0.260.37-0.04-0.040.250.640.10.58-0.08
1.00.650.830.910.880.64-0.510.760.590.780.850.82-0.290.850.790.67-0.370.67-0.24-0.240.580.35-0.340.74-0.15
0.64-0.080.760.680.29-0.06-0.250.330.590.430.380.22-0.210.290.960.83-0.510.94-0.12-0.110.790.17-0.770.44-0.29
0.780.510.840.690.860.5-0.420.960.780.430.870.78-0.060.850.630.54-0.310.44-0.14-0.140.230.760.080.52-0.18
0.830.760.720.640.910.75-0.70.830.850.380.870.95-0.190.970.590.46-0.290.42-0.21-0.210.340.510.00.66-0.23
0.780.90.560.560.930.89-0.710.760.820.220.780.95-0.330.990.450.27-0.260.25-0.29-0.30.20.430.130.54-0.17
-0.27-0.340.0-0.19-0.25-0.380.290.02-0.29-0.21-0.06-0.19-0.33-0.27-0.26-0.010.29-0.230.370.4-0.170.190.130.060.11
0.820.850.650.620.950.83-0.680.830.850.290.850.970.99-0.270.520.35-0.290.32-0.27-0.280.220.510.110.57-0.16
0.830.150.880.830.540.17-0.350.540.790.960.630.590.45-0.260.520.85-0.50.93-0.17-0.180.760.3-0.670.57-0.28
0.73-0.030.810.830.4-0.07-0.080.530.670.830.540.460.27-0.010.350.85-0.290.850.310.310.790.19-0.690.7-0.19
-0.37-0.21-0.44-0.32-0.24-0.270.49-0.26-0.37-0.51-0.31-0.29-0.260.29-0.29-0.5-0.29-0.550.480.48-0.37-0.130.310.090.28
0.72-0.020.780.80.380.01-0.230.370.670.940.440.420.25-0.230.320.930.85-0.55-0.15-0.150.830.09-0.790.49-0.25
-0.17-0.34-0.12-0.03-0.23-0.490.52-0.04-0.24-0.12-0.14-0.21-0.290.37-0.27-0.170.310.48-0.151.00.05-0.17-0.040.220.16
-0.18-0.36-0.11-0.03-0.24-0.490.52-0.04-0.24-0.11-0.14-0.21-0.30.4-0.28-0.180.310.48-0.151.00.05-0.16-0.040.220.16
0.630.010.570.70.260.0-0.20.250.580.790.230.340.2-0.170.220.760.79-0.370.830.050.05-0.25-0.860.62-0.33
0.340.230.540.250.480.24-0.270.640.350.170.760.510.430.190.510.30.19-0.130.09-0.17-0.16-0.250.360.1-0.22
-0.40.24-0.41-0.490.10.230.080.1-0.34-0.770.080.00.130.130.11-0.67-0.690.31-0.79-0.04-0.04-0.860.36-0.440.19
0.760.410.680.710.560.35-0.290.580.740.440.520.660.540.060.570.570.70.090.490.220.220.620.1-0.440.04
-0.16-0.04-0.13-0.08-0.07-0.060.44-0.08-0.15-0.29-0.18-0.23-0.170.11-0.16-0.28-0.190.28-0.250.160.16-0.33-0.220.190.04
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Vermilion Energy Account Relationship Matchups

Vermilion Energy fundamental ratios Accounts

201920202021202220232024 (projected)
Total Assets5.9B4.1B5.9B7.0B6.2B6.5B
Short Long Term Debt Total2.0B2.0B1.7B1.1B968.1M745.1M
Total Current Liabilities416.2M433.1M746.8M892.0M696.1M730.9M
Total Stockholder Equity2.5B925.4M2.1B3.4B3.0B3.2B
Property Plant And Equipment Net5.3B3.4B5.1B6.0B4.9B2.5B
Net Debt2.0B2.0B1.7B1.1B827.3M675.7M
Retained Earnings(1.8B)(3.4B)(2.3B)(1.0B)(1.3B)(1.2B)
Accounts Payable312.4M297.7M440.7M481.4M359.3M214.3M
Non Current Assets Total5.5B3.8B5.4B6.3B5.4B5.7B
Non Currrent Assets Other1.2M20.1M2.5M132.6M198.4M208.3M
Net Receivables211.4M196.1M328.6M373.7M242.9M142.9M
Common Stock Shares Outstanding156.1M157.9M164.8M168.4M163.7M100.1M
Liabilities And Stockholders Equity5.9B4.1B5.9B7.0B6.2B6.5B
Non Current Liabilities Total3.0B2.8B3.1B2.7B2.5B1.3B
Other Stockholder Equity75.7M66.3M49.5M35.4M43.3M41.2M
Total Liab3.4B3.2B3.8B3.6B3.2B1.6B
Property Plant And Equipment Gross5.3B3.4B11.3B12.5B13.4B14.1B
Total Current Assets347.7M261.0M472.8M714.4M823.5M864.7M
Accumulated Other Comprehensive Income49.6M78.0M28.5M123.5M109.3M114.8M
Short Term Debt23.7M22.9M15.0M19.5M21.1M20.0M
Other Current Assets77.9M44.6M118.2M307.3M381.8M400.9M
Cash29.0M6.9M6.0M13.8M140.8M74.1M
Cash And Short Term Investments29.0M6.9M6.0M13.8M141.5M76.8M
Inventory29.4M13.4M20.1M19.7M57.3M60.2M
Other Current Liab103.8M135.5M306.2M410.6M732.0K695.4K
Short Term Investments205K130K127K135K661K628.0K
Common Stock Total Equity2.7B4.0B4.1B4.2B4.8B3.0B
Common Stock4.1B4.2B4.2B4.2B4.1B3.4B
Other Liab978.9M740.2M1.4B1.6B1.8B1.0B
Net Tangible Assets2.5B925.4M2.1B3.4B3.9B2.2B
Other Assets216.7M486.9M375.0M258.1M296.9M251.2M
Long Term Debt1.9B1.9B1.7B1.1B914.0M1.5B
Property Plant Equipment5.3B3.4B5.1B6.0B6.9B4.8B
Current Deferred Revenue(23.7M)(22.9M)(15.0M)(19.5M)315.0M330.7M
Long Term Debt Total2.0B2.0B1.7B1.1B1.3B1.7B
Capital Surpluse75.7M66.3M49.5M35.4M31.9M59.9M

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

  0.61ENS-PA E Split CorpPairCorr

Moving against Vermilion Stock

  0.4SAGE Sage Potash CorpPairCorr
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.
Pair CorrelationCorrelation Matching
When determining whether Vermilion Energy is a good investment, qualitative aspects like company management, corporate governance, and ethical practices play a significant role. A comparison with peer companies also provides context and helps to understand if Vermilion Stock is undervalued or overvalued. This multi-faceted approach, blending both quantitative and qualitative analysis, forms a solid foundation for making an informed investment decision about Vermilion Energy Stock. Highlighted below are key reports to facilitate an investment decision about Vermilion Energy Stock:
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 Pair Correlation module to compare performance and examine fundamental relationship between any two equity instruments.
Please note, there is a significant difference between Vermilion Energy's value and its price as these two are different measures arrived at by different means. Investors typically determine if Vermilion Energy is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Vermilion Energy'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.