Veren Short Long Term Debt vs Short Term Debt 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 Short Long Term Debt and its Short Term Debt 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.
Short Long Term Debt vs Short Term Debt
Short Long Term Debt vs Short Term Debt Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Veren Inc Short Long Term Debt account and Short Term Debt. At this time, the significance of the direction appears to have totally related.
The correlation between Veren's Short Long Term Debt and Short Term Debt is 0.99. Overlapping area represents the amount of variation of Short Long Term Debt that can explain the historical movement of Short Term Debt 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 Short Long Term Debt and Short Term Debt 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 Long Term Debt of Veren Inc are associated (or correlated) with its Short Term Debt. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Short Term Debt has no effect on the direction of Short Long Term Debt i.e., Veren's Short Long Term Debt and Short Term Debt go up and down completely randomly.
Correlation Coefficient | 0.99 |
Relationship Direction | Positive |
Relationship Strength | Very Strong |
Short Long Term Debt
The total of a company's short-term and long-term borrowings.Short Term Debt
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
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Veren Account Relationship Matchups
High Positive Relationship
High Negative Relationship
Veren fundamental ratios 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 | 10.8B | 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
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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.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 Sectors module to list of equity sectors categorizing publicly traded companies based on their primary business activities.
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.