VIST Stock | | | USD 53.23 0.14 0.26% |
Vista Oil financial indicator trend analysis is much more than just breaking down Vista Oil Gas prevalent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Vista Oil Gas is a good investment. Please check the relationship between Vista Oil Net Tangible Assets and its Other Current Assets accounts. Check out
World Market Map to better understand how to build diversified portfolios, which includes a position in Vista Oil Gas. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as
signals in state.
Net Tangible Assets vs Other Current Assets
Net Tangible Assets vs Other Current Assets Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of
Vista Oil Gas Net Tangible Assets account and
Other Current Assets. At this time, the significance of the direction appears to have very strong relationship.
The correlation between Vista Oil's Net Tangible Assets and Other Current Assets is 0.84. Overlapping area represents the amount of variation of Net Tangible Assets that can explain the historical movement of Other Current Assets in the same time period over historical financial statements of Vista Oil Gas, assuming nothing else is changed. The correlation between historical values of Vista Oil's Net Tangible Assets and Other Current 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 Net Tangible Assets of Vista Oil Gas are associated (or correlated) with its Other Current Assets. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Other Current Assets has no effect on the direction of Net Tangible Assets i.e., Vista Oil's Net Tangible Assets and Other Current Assets go up and down completely randomly.
Correlation Coefficient | 0.84 |
Relationship Direction | Positive |
Relationship Strength | Strong |
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.
Other Current Assets
Assets expected to be converted into cash, sold, or consumed either in one year or in the operating cycle, which are not included under standard current asset categories.
Most indicators from Vista Oil's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Vista Oil Gas 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 Vista Oil Gas. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as
signals in state.
At this time, Vista Oil's
Enterprise Value Over EBITDA is comparatively stable compared to the past year.
Enterprise Value Multiple is likely to gain to 7.55 in 2024, whereas
Sales General And Administrative To Revenue is likely to drop 0.06 in 2024.
Vista Oil fundamental ratios Correlations
Click cells to compare fundamentals
Vista Oil Account Relationship Matchups
High Positive Relationship
High Negative Relationship
Vista Oil fundamental ratios Accounts
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Additional Tools for Vista Stock Analysis
When running Vista Oil's price analysis, check to
measure Vista Oil's market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy Vista Oil is operating at the current time. Most of Vista Oil's value examination focuses on studying past and present price action to
predict the probability of Vista Oil's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Vista Oil's price. Additionally, you may evaluate how the addition of Vista Oil to your portfolios can decrease your overall portfolio volatility.