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 Short Term Investments and its Total Current Liabilities 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.
Short Term Investments vs Total Current Liabilities
Short Term Investments vs Total Current Liabilities Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of
Vista Oil Gas Short Term Investments account and
Total Current Liabilities. At this time, the significance of the direction appears to have strong relationship.
The correlation between Vista Oil's Short Term Investments and Total Current Liabilities is 0.67. Overlapping area represents the amount of variation of Short Term Investments that can explain the historical movement of Total Current Liabilities 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 Short Term Investments and Total Current Liabilities is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Short Term Investments of Vista Oil Gas are associated (or correlated) with its Total Current Liabilities. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Total Current Liabilities has no effect on the direction of Short Term Investments i.e., Vista Oil's Short Term Investments and Total Current Liabilities go up and down completely randomly.
Correlation Coefficient | 0.67 |
Relationship Direction | Positive |
Relationship Strength | Significant |
Short Term Investments
Short Term Investments is an item under the current assets section of Vista Oil balance sheet. It contains any investments Vista Oil Gas undertook that will expire in less than one year. These accounts contain financial instruments such as stocks or bonds that Vista Oil Gas can easily liquidate in the marketplace.
Total Current Liabilities
Total Current Liabilities is an item on Vista Oil balance sheet that include short term debt, accounts payable, accrued salaries payable, payroll taxes payable, accrued liabilities and other debts. Total Current Liabilities of Vista Oil Gas are important to investors because some useful performance ratios such as Current Ratio and Quick Ratio require Total Current Liabilities to be accurate. The total amount of liabilities that a company is expected to pay within one year, including debts, accounts payable, and other short-term financial obligations.
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
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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.