VOC Net Debt vs Total Current Assets Analysis
VOC Stock | USD 5.03 0.02 0.40% |
VOC Energy financial indicator trend analysis is much more than just breaking down VOC Energy Trust prevalent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether VOC Energy Trust is a good investment. Please check the relationship between VOC Energy Net Debt and its Total Current Assets accounts. Check out World Market Map to better understand how to build diversified portfolios, which includes a position in VOC Energy Trust. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in persons.
Net Debt vs Total Current Assets
Net Debt vs Total Current Assets Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of VOC Energy Trust Net Debt account and Total Current Assets. At this time, the significance of the direction appears to have almost identical trend.
The correlation between VOC Energy's Net Debt and Total Current Assets is 0.97. Overlapping area represents the amount of variation of Net Debt that can explain the historical movement of Total Current Assets in the same time period over historical financial statements of VOC Energy Trust, assuming nothing else is changed. The correlation between historical values of VOC Energy's Net Debt and Total 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 Debt of VOC Energy Trust are associated (or correlated) with its Total Current Assets. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Total Current Assets has no effect on the direction of Net Debt i.e., VOC Energy's Net Debt and Total Current Assets go up and down completely randomly.
Correlation Coefficient | 0.97 |
Relationship Direction | Positive |
Relationship Strength | Very Strong |
Net Debt
The total debt of a company minus its cash and cash equivalents. It represents the actual debt burden on the company after accounting for the liquid assets it holds.Total Current Assets
The total value of all assets that are expected to be converted into cash within one year or during the normal operating cycle.Most indicators from VOC Energy's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into VOC Energy Trust 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 VOC Energy Trust. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in persons. At present, VOC Energy's Enterprise Value Multiple is projected to slightly decrease based on the last few years of reporting.
2021 | 2022 | 2023 | 2024 (projected) | Gross Profit | 9.3M | 23.6M | 16.5M | 14.8M | Total Revenue | 9.3M | 23.6M | 16.5M | 16.2M |
VOC Energy fundamental ratios Correlations
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VOC Energy Account Relationship Matchups
High Positive Relationship
High Negative Relationship
VOC Energy fundamental ratios Accounts
2019 | 2020 | 2021 | 2022 | 2023 | 2024 (projected) | ||
Total Assets | 63.3M | 19.0M | 16.0M | 15.0M | 13.4M | 12.7M | |
Total Stockholder Equity | 63.3M | 19.0M | 16.0M | 15.0M | 13.4M | 12.7M | |
Net Debt | (326.1K) | (603.0K) | (287.2K) | (1.2M) | (1.4M) | (1.4M) | |
Cash | 326.1K | 603.0K | 287.2K | 1.2M | 1.4M | 1.3M | |
Non Current Assets Total | 63.0M | 18.4M | 15.7M | 13.8M | 11.9M | 11.3M | |
Non Currrent Assets Other | (63.0M) | (18.4M) | (15.7M) | (13.8M) | (15.9M) | (16.7M) | |
Cash And Short Term Investments | 326.1K | 603.0K | 287.2K | 1.2M | 1.4M | 1.3M | |
Liabilities And Stockholders Equity | 63.3M | 19.0M | 16.0M | 15.0M | 13.4M | 12.7M | |
Other Stockholder Equity | 13.2K | 63.3M | 19.0M | 1.0 | 1.15 | 1.09 | |
Total Current Assets | 326.1K | 603.0K | 287.2K | 1.2M | 1.4M | 2.2M | |
Intangible Assets | 69.7M | 63.0M | 15.7M | 13.8M | 12.4M | 11.8M | |
Common Stock | 63.3M | 19.0M | 16.0M | 15.0M | 13.4M | 12.7M | |
Net Tangible Assets | 63.3M | 19.0M | 16.0M | 15.0M | 13.5M | 12.9M | |
Long Term Investments | 63.0M | 18.4M | 15.7M | 13.8M | 11.9M | 11.3M | |
Cash And Equivalents | 326.1K | 603K | 287.2K | 1.2M | 1.4M | 1.5M |
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Analyzing currently trending equities could be an opportunity to develop a better portfolio based on different market momentums that they can trigger. Utilizing the top trending stocks is also useful when creating a market-neutral strategy or pair trading technique involving a short or a long position in a currently trending equity.When determining whether VOC Energy Trust offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of VOC Energy's financial statements, including income statements, balance sheets, and cash flow statements, to assess its financial health. Key financial ratios are used to gauge profitability, efficiency, and growth potential of Voc Energy Trust Stock. Outlined below are crucial reports that will aid in making a well-informed decision on Voc Energy Trust Stock:Check out World Market Map to better understand how to build diversified portfolios, which includes a position in VOC Energy Trust. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in persons. You can also try the Sync Your Broker module to sync your existing holdings, watchlists, positions or portfolios from thousands of online brokerage services, banks, investment account aggregators and robo-advisors..
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 VOC Energy. If investors know VOC 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 VOC Energy listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Quarterly Earnings Growth (0.17) | Earnings Share 0.78 | Revenue Per Share 0.926 | Quarterly Revenue Growth (0.17) | Return On Assets 0.6595 |
The market value of VOC Energy Trust is measured differently than its book value, which is the value of VOC that is recorded on the company's balance sheet. Investors also form their own opinion of VOC Energy's value that differs from its market value or its book value, called intrinsic value, which is VOC Energy'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 VOC Energy's market value can be influenced by many factors that don't directly affect VOC Energy'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 VOC Energy's value and its price as these two are different measures arrived at by different means. Investors typically determine if VOC Energy is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, VOC 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.