Veren Historical Balance Sheet
VRN Stock | 5.25 0.06 1.16% |
Trend analysis of Veren Inc balance sheet accounts such as Total Assets of 8.7 B, Other Current Liab of 334 M, Total Current Liabilities of 1.4 B or Total Stockholder Equity of 5.3 B provides information on Veren's total assets, liabilities, and equity, which is the actual value of Veren Inc to its prevalent stockholders. By breaking down trends over time using Veren balance sheet statements, investors will see what precisely the company owns and what it owes to creditors or other parties at the end of each accounting year.
Financial Statement Analysis is much more than just reviewing and examining Veren Inc latest accounting reports to predict its past. Macroaxis encourages investors to analyze financial statements over time for various trends across multiple indicators and accounts to determine whether Veren Inc is a good buy for the upcoming year.
Veren Inventory |
|
Veren |
About Veren Balance Sheet Analysis
Balance Sheet is a snapshot of the financial position of Veren Inc at a specified time, usually calculated after every quarter, six months, or one year. Veren Balance Sheet has two main parts: assets and liabilities. Liabilities are the debts or obligations of Veren and are divided into current liabilities and long term liabilities. An asset, on the other hand, is anything of value that can be converted into cash and which Veren currently owns. An asset can also be divided into two categories, current and non-current.
Veren Balance Sheet Chart
Add Fundamental
Total Assets
Total assets refers to the total amount of Veren assets owned. Assets are items that have some economic value and are expended over time to create a benefit for the owner. These assets are usually recorded in Veren Inc books under different categories such as cash, marketable securities, accounts receivable,prepaid expenses, inventory, fixed assets, intangible assets, other assets, marketable securities, accounts receivable, prepaid expenses and others. The total value of all owned resources that are expected to provide future economic benefits to the business, including cash, investments, accounts receivable, inventory, property, plant, equipment, and intangible assets.Total Current Liabilities
Total Current Liabilities is an item on Veren balance sheet that include short term debt, accounts payable, accrued salaries payable, payroll taxes payable, accrued liabilities and other debts. Total Current Liabilities of Veren Inc 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.Accounts Payable
An accounting item on the balance sheet that represents Veren obligation to pay off a short-term debt to its creditors. The accounts payable entry is usually reported under current liabilities. If accounts payable of Veren Inc are not paid within the agreed terms, the payables are considered to be in default, which may trigger a penalty or interest payment, or the revocation of additional credit from the supplier. Accounts payable may also be considered a source of cash, since they represent funds being borrowed from suppliers. Given these cash flow considerations, suppliers have a natural inclination to push for shorter payment terms, while creditors want to lengthen the payment terms. The amount a company owes to suppliers or vendors for products or services received but not yet paid for. It represents the company's short-term liabilities.Most accounts from Veren's balance sheet are interrelated and interconnected. However, analyzing balance sheet accounts one by one will only give a small insight into Veren Inc current financial condition. On the other hand, looking into the entire matrix of balance sheet accounts, 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 Veren Inc. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in metropolitan statistical area. At this time, Veren's Common Stock Total Equity is very stable compared to the past year. As of the 28th of November 2024, Short Term Investments is likely to grow to about 32.4 M, while Total Assets are likely to drop about 8.7 B.
2021 | 2022 | 2023 | 2024 (projected) | Other Current Liabilities | 277.9M | 127.8M | 318.1M | 334.0M | Total Assets | 9.2B | 9.5B | 12.8B | 8.7B |
Veren balance sheet Correlations
Click cells to compare fundamentals
Veren Account Relationship Matchups
High Positive Relationship
High Negative Relationship
Veren balance sheet Accounts
2019 | 2020 | 2021 | 2022 | 2023 | 2024 (projected) | ||
Total Assets | 10.1B | 6.6B | 9.2B | 9.5B | 12.8B | 8.7B | |
Other Current Liab | 543M | 110.9M | 277.9M | 127.8M | 318.1M | 334.0M | |
Total Current Liabilities | 775.3M | 669.2M | 1.0B | 1.2B | 1.4B | 1.4B | |
Total Stockholder Equity | 5.3B | 2.8B | 5.4B | 6.5B | 6.9B | 5.3B | |
Other Liab | 1.1B | 985.8M | 925.7M | 752M | 864.8M | 612.1M | |
Net Tangible Assets | 5.1B | 2.6B | 5.2B | 6.3B | 7.2B | 7.6B | |
Property Plant And Equipment Net | 8.2B | 4.5B | 7.8B | 7.8B | 11.4B | 7.7B | |
Net Debt | 3.0B | 2.4B | 2.1B | 1.3B | 3.7B | 1.9B | |
Retained Earnings | (11.6B) | (14.2B) | (11.8B) | (10.6B) | (10.2B) | (9.7B) | |
Accounts Payable | 479.4M | 310.3M | 450.7M | 448.2M | 634.9M | 410.8M | |
Cash | 56.9M | 8.8M | 13.5M | 289.9M | 17.3M | 25.1M | |
Non Current Assets Total | 9.5B | 6.4B | 8.8B | 8.5B | 11.7B | 8.3B | |
Other Assets | 988.3M | 1.0B | 1.0 | 721.3M | 2.9B | 3.0B | |
Long Term Debt | 2.7B | 2.0B | 1.7B | 902.8M | 3.2B | 1.7B | |
Cash And Short Term Investments | 56.9M | 8.8M | 13.5M | 289.9M | 17.3M | 28.0M | |
Net Receivables | 295.9M | 200.5M | 314.3M | 327.8M | 457.1M | 239.5M | |
Good Will | 230.9M | 223.3M | 211.5M | 203.9M | 275.9M | 179.4M | |
Common Stock Total Equity | 16.5B | 16.5B | 16.4B | 16.5B | 18.9B | 19.9B | |
Common Stock Shares Outstanding | 545.7M | 529.3M | 575.1M | 571.1M | 548.3M | 338.7M | |
Liabilities And Stockholders Equity | 10.1B | 6.6B | 9.2B | 9.5B | 12.8B | 8.7B | |
Non Current Liabilities Total | 4.0B | 3.2B | 2.7B | 1.8B | 4.5B | 2.8B | |
Other Current Assets | 278.7M | 69.4M | 83.1M | 437M | 575.6M | 604.4M | |
Other Stockholder Equity | 35.1M | 19.7M | 17.5M | 17.1M | 17.4M | 16.5M | |
Total Liab | 4.7B | 3.8B | 3.8B | 3.0B | 5.9B | 3.5B | |
Long Term Investments | 27.4M | 22.4M | 2.5M | 200K | 230K | 218.5K | |
Property Plant And Equipment Gross | 8.2B | 4.6B | 25.3B | 24.1B | 26.5B | 27.8B | |
Short Long Term Debt | 201M | 221.6M | 278.1M | 538.7M | 380M | 399M | |
Total Current Assets | 631.5M | 278.7M | 410.9M | 989.2M | 1.1B | 1.1B | |
Accumulated Other Comprehensive Income | 495.5M | 517.7M | 529.6M | 620.3M | (100K) | (95K) | |
Short Term Debt | 232.3M | 248M | 303.6M | 563.6M | 420.5M | 241.5M | |
Common Stock | 16.4B | 16.5B | 16.7B | 16.4B | 17.1B | 10.0B | |
Property Plant Equipment | 8.2B | 4.6B | 7.8B | 7.9B | 9.1B | 7.2B | |
Short Long Term Debt Total | 3.1B | 2.4B | 2.1B | 1.6B | 3.7B | 2.0B | |
Non Currrent Assets Other | 251.1M | 86.4M | 48.8M | 110.6M | 21.5M | 20.4M | |
Long Term Debt Total | 4.2B | 2.9B | 2.2B | 1.8B | 1.6B | 2.6B | |
Capital Surpluse | 41.4M | 35.1M | 19.7M | 17.5M | 15.8M | 15.0M |
Pair Trading with Veren
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 Veren 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 Veren will appreciate offsetting losses from the drop in the long position's value.Moving together with Veren Stock
Moving against Veren Stock
0.76 | DMLP | Dorchester Minerals | PairCorr |
0.52 | EP | Empire Petroleum Corp | PairCorr |
0.51 | BSM | Black Stone Minerals | PairCorr |
0.5 | AR | Antero Resources Corp Potential Growth | PairCorr |
0.45 | PR | Permian Resources | PairCorr |
The ability to find closely correlated positions to Veren could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Veren 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 Veren - 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 Veren Inc to buy it.
The correlation of Veren 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 Veren moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Veren Inc 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 Veren 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.Check out World Market Map to better understand how to build diversified portfolios, which includes a position in Veren Inc. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in metropolitan statistical area. You can also try the Commodity Directory module to find actively traded commodities issued by global exchanges.
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 Veren. If investors know Veren 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 Veren 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 0.075 | Dividend Share 0.545 | Earnings Share 0.54 | Revenue Per Share 6.388 | Quarterly Revenue Growth 0.012 |
The market value of Veren Inc is measured differently than its book value, which is the value of Veren that is recorded on the company's balance sheet. Investors also form their own opinion of Veren's value that differs from its market value or its book value, called intrinsic value, which is Veren'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 Veren's market value can be influenced by many factors that don't directly affect Veren'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 Veren's value and its price as these two are different measures arrived at by different means. Investors typically determine if Veren is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Veren'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.