Vivakor Non Current Liabilities Total vs Cash Analysis
VIVK Stock | USD 1.68 0.10 6.33% |
Vivakor financial indicator trend analysis is much more than just breaking down Vivakor prevalent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Vivakor is a good investment. Please check the relationship between Vivakor Non Current Liabilities Total and its Cash accounts. Check out World Market Map to better understand how to build diversified portfolios, which includes a position in Vivakor. 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. For more information on how to buy Vivakor Stock please use our How to buy in Vivakor Stock guide.
Non Current Liabilities Total vs Cash
Non Current Liabilities Total vs Cash Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Vivakor Non Current Liabilities Total account and Cash. At this time, the significance of the direction appears to have strong relationship.
The correlation between Vivakor's Non Current Liabilities Total and Cash is 0.79. Overlapping area represents the amount of variation of Non Current Liabilities Total that can explain the historical movement of Cash in the same time period over historical financial statements of Vivakor, assuming nothing else is changed. The correlation between historical values of Vivakor's Non Current Liabilities Total and Cash 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 Current Liabilities Total of Vivakor are associated (or correlated) with its Cash. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Cash has no effect on the direction of Non Current Liabilities Total i.e., Vivakor's Non Current Liabilities Total and Cash go up and down completely randomly.
Correlation Coefficient | 0.79 |
Relationship Direction | Positive |
Relationship Strength | Significant |
Non Current Liabilities Total
Cash
Cash refers to the most liquid asset of Vivakor, which is listed under current asset account on Vivakor balance sheet and usually includes currency, coins, checking accounts, and not deposited checks received from Vivakor customers. The amounts must be unrestricted with restricted cash listed in a different Vivakor account. The total amount of money in the form of currency that a company has in its possession. This includes all bills, coins, and funds in bank accounts.Most indicators from Vivakor's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Vivakor 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 Vivakor. 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. For more information on how to buy Vivakor Stock please use our How to buy in Vivakor Stock guide.At this time, Vivakor's Selling General Administrative is quite stable compared to the past year. Tax Provision is expected to rise to about 97.3 K this year, although the value of Issuance Of Capital Stock will most likely fall to 0.00.
2021 | 2022 | 2023 | 2024 (projected) | Reconciled Depreciation | 1.5M | 3.0M | 3.9M | 2.7M | Interest Income | 3.3K | 23.7K | 15.0K | 15.5K |
Vivakor fundamental ratios Correlations
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Vivakor Account Relationship Matchups
High Positive Relationship
High Negative Relationship
Vivakor fundamental ratios Accounts
2019 | 2020 | 2021 | 2022 | 2023 | 2024 (projected) | ||
Other Current Liab | 11.9M | 102.6K | 175.3K | 1.7M | 2.1M | 1.4M | |
Total Current Liabilities | 13.8M | 3.6M | 7.2M | 12.9M | 40.0M | 42.0M | |
Retained Earnings | (27.8M) | (30.2M) | (35.7M) | (55.2M) | (65.9M) | (62.6M) | |
Accounts Payable | 584.0K | 1.0M | 1.5M | 5.0M | 7.2M | 7.5M | |
Total Current Assets | 2.5M | 6.2M | 5.2M | 9.2M | 5.1M | 3.6M | |
Common Stock | 285.3K | 11.3K | 12.3K | 18.1K | 26.2K | 24.9K | |
Net Tangible Assets | (31.4M) | (21.2M) | (1.6M) | 6.5M | 5.9M | 6.1M | |
Other Current Assets | 202.4K | 87.1K | 73.2K | 731.8K | 1.2M | 699.9K | |
Property Plant Equipment | 12.5M | 17.1M | 19.0M | 25.0M | 28.7M | 30.1M | |
Other Assets | 844.9K | 78.5K | 1.2M | 37.5K | 33.7K | 32.0K |
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Try AI Portfolio ArchitectCheck out World Market Map to better understand how to build diversified portfolios, which includes a position in Vivakor. 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. For more information on how to buy Vivakor Stock please use our How to buy in Vivakor Stock guide.You can also try the Portfolio Volatility module to check portfolio volatility and analyze historical return density to properly model market risk.
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 Vivakor. If investors know Vivakor 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 Vivakor listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Earnings Share (0.42) | Revenue Per Share 2.619 | Quarterly Revenue Growth 0.191 | Return On Assets (0.07) | Return On Equity (0.59) |
The market value of Vivakor is measured differently than its book value, which is the value of Vivakor that is recorded on the company's balance sheet. Investors also form their own opinion of Vivakor's value that differs from its market value or its book value, called intrinsic value, which is Vivakor'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 Vivakor's market value can be influenced by many factors that don't directly affect Vivakor'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 Vivakor's value and its price as these two are different measures arrived at by different means. Investors typically determine if Vivakor is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Vivakor'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.