Veren Accounts Payable vs Long Term Debt Total Analysis

VRN Stock   5.43  0.03  0.56%   
Veren financial indicator trend analysis is much more than just breaking down Veren Inc prevalent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Veren Inc is a good investment. Please check the relationship between Veren Accounts Payable and its Long Term Debt Total accounts. 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.

Accounts Payable vs Long Term Debt Total

Accounts Payable vs Long Term Debt Total Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Veren Inc Accounts Payable account and Long Term Debt Total. At this time, the significance of the direction appears to have very week relationship.
The correlation between Veren's Accounts Payable and Long Term Debt Total is 0.23. Overlapping area represents the amount of variation of Accounts Payable that can explain the historical movement of Long Term Debt Total in the same time period over historical financial statements of Veren Inc, assuming nothing else is changed. The correlation between historical values of Veren's Accounts Payable and Long Term Debt Total is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Accounts Payable of Veren Inc are associated (or correlated) with its Long Term Debt Total. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Long Term Debt Total has no effect on the direction of Accounts Payable i.e., Veren's Accounts Payable and Long Term Debt Total go up and down completely randomly.

Correlation Coefficient

0.23
Relationship DirectionPositive 
Relationship StrengthVery Weak

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.

Long Term Debt Total

Most indicators from Veren's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators 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 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 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 Tax Provision is very stable compared to the past year. As of the 25th of November 2024, Enterprise Value Over EBITDA is likely to grow to 5.98, while Selling General Administrative is likely to drop about 101.4 M.

Veren fundamental ratios Correlations

-0.150.450.970.470.480.990.79-0.070.9-0.031.00.140.77-0.030.840.830.510.570.40.90.110.3-0.140.930.53
-0.150.43-0.20.130.29-0.180.01-0.5-0.060.09-0.160.52-0.030.080.160.150.370.31-0.26-0.11-0.320.22-0.06-0.05-0.09
0.450.430.460.190.630.420.29-0.460.510.330.430.60.20.320.710.590.710.570.010.28-0.680.68-0.160.40.03
0.97-0.20.460.360.410.980.60.10.940.030.970.040.590.040.820.790.390.450.340.760.10.24-0.070.80.51
0.470.130.190.360.70.440.61-0.470.270.080.480.080.610.070.430.490.520.64-0.270.570.11-0.16-0.210.570.67
0.480.290.630.410.70.460.47-0.410.40.220.470.390.410.20.570.430.670.55-0.280.46-0.30.29-0.410.510.64
0.99-0.180.420.980.440.460.730.040.91-0.060.990.110.72-0.060.810.790.430.490.370.860.150.25-0.110.890.57
0.790.010.290.60.610.470.73-0.430.52-0.130.780.370.98-0.150.620.680.650.690.410.960.10.34-0.290.950.41
-0.07-0.5-0.460.1-0.47-0.410.04-0.430.09-0.3-0.05-0.38-0.37-0.28-0.25-0.37-0.79-0.80.05-0.250.34-0.320.37-0.30.1
0.9-0.060.510.940.270.40.910.520.09-0.090.90.050.48-0.080.880.850.340.430.190.680.110.220.040.730.47
-0.030.090.330.030.080.22-0.06-0.13-0.3-0.09-0.06-0.14-0.161.00.120.00.240.34-0.04-0.18-0.580.27-0.15-0.11-0.06
1.0-0.160.430.970.480.470.990.78-0.050.9-0.060.120.77-0.060.820.830.490.550.390.90.150.26-0.130.920.55
0.140.520.60.040.080.390.110.37-0.380.05-0.140.120.34-0.140.260.180.550.20.120.25-0.60.67-0.210.28-0.19
0.77-0.030.20.590.610.410.720.98-0.370.48-0.160.770.34-0.170.550.640.580.630.450.950.160.24-0.250.930.44
-0.030.080.320.040.070.2-0.06-0.15-0.28-0.081.0-0.06-0.14-0.170.120.010.240.33-0.04-0.19-0.590.27-0.15-0.12-0.07
0.840.160.710.820.430.570.810.62-0.250.880.120.820.260.550.120.90.550.70.070.67-0.180.39-0.020.770.37
0.830.150.590.790.490.430.790.68-0.370.850.00.830.180.640.010.90.610.770.150.730.00.23-0.040.80.34
0.510.370.710.390.520.670.430.65-0.790.340.240.490.550.580.240.550.610.810.140.57-0.390.55-0.640.620.17
0.570.310.570.450.640.550.490.69-0.80.430.340.550.20.630.330.70.770.810.090.61-0.170.28-0.290.680.23
0.4-0.260.010.34-0.27-0.280.370.410.050.19-0.040.390.120.45-0.040.070.150.140.090.450.080.33-0.090.42-0.17
0.9-0.110.280.760.570.460.860.96-0.250.68-0.180.90.250.95-0.190.670.730.570.610.450.210.3-0.220.990.51
0.11-0.32-0.680.10.11-0.30.150.10.340.11-0.580.15-0.60.16-0.59-0.180.0-0.39-0.170.080.21-0.680.140.120.37
0.30.220.680.24-0.160.290.250.34-0.320.220.270.260.670.240.270.390.230.550.280.330.3-0.68-0.260.35-0.29
-0.14-0.06-0.16-0.07-0.21-0.41-0.11-0.290.370.04-0.15-0.13-0.21-0.25-0.15-0.02-0.04-0.64-0.29-0.09-0.220.14-0.26-0.23-0.18
0.93-0.050.40.80.570.510.890.95-0.30.73-0.110.920.280.93-0.120.770.80.620.680.420.990.120.35-0.230.5
0.53-0.090.030.510.670.640.570.410.10.47-0.060.55-0.190.44-0.070.370.340.170.23-0.170.510.37-0.29-0.180.5
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Veren Account Relationship Matchups

Veren fundamental ratios Accounts

201920202021202220232024 (projected)
Total Assets10.1B6.6B9.2B9.5B12.8B8.7B
Other Current Liab543M110.9M277.9M127.8M318.1M334.0M
Total Current Liabilities775.3M669.2M1.0B1.2B1.4B1.4B
Total Stockholder Equity5.3B2.8B5.4B6.5B6.9B5.3B
Other Liab1.1B985.8M925.7M752M864.8M612.1M
Net Tangible Assets5.1B2.6B5.2B6.3B7.2B7.6B
Property Plant And Equipment Net8.2B4.5B7.8B7.8B10.8B7.7B
Net Debt3.0B2.4B2.1B1.3B3.7B1.9B
Retained Earnings(11.6B)(14.2B)(11.8B)(10.6B)(10.2B)(9.7B)
Accounts Payable479.4M310.3M450.7M448.2M634.9M410.8M
Cash56.9M8.8M13.5M289.9M17.3M25.1M
Non Current Assets Total9.5B6.4B8.8B8.5B11.7B8.3B
Other Assets988.3M1.0B1.0721.3M2.9B3.0B
Long Term Debt2.7B2.0B1.7B902.8M3.2B1.7B
Cash And Short Term Investments56.9M8.8M13.5M289.9M17.3M28.0M
Net Receivables295.9M200.5M314.3M327.8M457.1M239.5M
Good Will230.9M223.3M211.5M203.9M275.9M179.4M
Common Stock Total Equity16.5B16.5B16.4B16.5B18.9B19.9B
Common Stock Shares Outstanding545.7M529.3M575.1M571.1M548.3M338.7M
Liabilities And Stockholders Equity10.1B6.6B9.2B9.5B12.8B8.7B
Non Current Liabilities Total4.0B3.2B2.7B1.8B4.5B2.8B
Other Current Assets278.7M69.4M83.1M437M575.6M604.4M
Other Stockholder Equity35.1M19.7M17.5M17.1M17.4M16.5M
Total Liab4.7B3.8B3.8B3.0B5.9B3.5B
Long Term Investments27.4M22.4M2.5M200K230K218.5K
Property Plant And Equipment Gross8.2B4.6B25.3B24.1B26.5B27.8B
Short Long Term Debt201M221.6M278.1M538.7M380M399M
Total Current Assets631.5M278.7M410.9M989.2M1.1B1.1B
Accumulated Other Comprehensive Income495.5M517.7M529.6M620.3M(100K)(95K)
Short Term Debt232.3M248M303.6M563.6M420.5M241.5M
Common Stock16.4B16.5B16.7B16.4B17.1B10.0B
Property Plant Equipment8.2B4.6B7.8B7.9B9.1B7.2B
Short Long Term Debt Total3.1B2.4B2.1B1.6B3.7B2.0B
Non Currrent Assets Other251.1M86.4M48.8M110.6M21.5M20.4M
Long Term Debt Total4.2B2.9B2.2B1.8B1.6B2.6B
Capital Surpluse41.4M35.1M19.7M17.5M15.8M15.0M

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

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Moving against Veren Stock

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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.
Pair CorrelationCorrelation Matching
When determining whether Veren Inc offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of Veren'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 Veren Inc Stock. Outlined below are crucial reports that will aid in making a well-informed decision on Veren Inc Stock:
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 Bollinger Bands module to use Bollinger Bands indicator to analyze target price for a given investing horizon.
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.