Vital Asset Turnover vs Total Current Liabilities Analysis
VTLE Stock | 32.80 0.28 0.86% |
Vital Energy financial indicator trend analysis is much more than just breaking down Vital Energy prevalent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Vital Energy is a good investment. Please check the relationship between Vital Energy Asset Turnover and its Total Current Liabilities accounts. Check out World Market Map to better understand how to build diversified portfolios, which includes a position in Vital Energy. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in bureau of economic analysis. For information on how to trade Vital Stock refer to our How to Trade Vital Stock guide.
Asset Turnover vs Total Current Liabilities
Asset Turnover vs Total Current Liabilities Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Vital Energy Asset Turnover account and Total Current Liabilities. At this time, the significance of the direction appears to have weak relationship.
The correlation between Vital Energy's Asset Turnover and Total Current Liabilities is 0.3. Overlapping area represents the amount of variation of Asset Turnover that can explain the historical movement of Total Current Liabilities in the same time period over historical financial statements of Vital Energy, assuming nothing else is changed. The correlation between historical values of Vital Energy's Asset Turnover and Total Current Liabilities is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Asset Turnover of Vital Energy are associated (or correlated) with its Total Current Liabilities. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Total Current Liabilities has no effect on the direction of Asset Turnover i.e., Vital Energy's Asset Turnover and Total Current Liabilities go up and down completely randomly.
Correlation Coefficient | 0.3 |
Relationship Direction | Positive |
Relationship Strength | Very Weak |
Asset Turnover
The ratio of net sales to average total assets, indicating how efficiently a company uses its assets to generate sales.Total Current Liabilities
Total Current Liabilities is an item on Vital Energy balance sheet that include short term debt, accounts payable, accrued salaries payable, payroll taxes payable, accrued liabilities and other debts. Total Current Liabilities of Vital Energy 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.Most indicators from Vital Energy's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Vital Energy 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 Vital Energy. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in bureau of economic analysis. For information on how to trade Vital Stock refer to our How to Trade Vital Stock guide.At present, Vital Energy's Sales General And Administrative To Revenue is projected to slightly decrease based on the last few years of reporting. The current year's Enterprise Value is expected to grow to about 3.1 B, whereas Tax Provision is projected to grow to (204.1 M).
2021 | 2022 | 2023 | 2024 (projected) | Interest Expense | 113.4M | 125.1M | 149.8M | 93.7M | Depreciation And Amortization | 233.2M | 338.1M | 466.9M | 250.7M |
Vital Energy fundamental ratios Correlations
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Vital Energy Account Relationship Matchups
High Positive Relationship
High Negative Relationship
Vital Energy fundamental ratios Accounts
2019 | 2020 | 2021 | 2022 | 2023 | 2024 (projected) | ||
Total Assets | 2.3B | 1.4B | 2.6B | 2.7B | 5.1B | 5.4B | |
Short Long Term Debt Total | 1.2B | 1.2B | 1.4B | 1.1B | 1.8B | 1.2B | |
Other Current Liab | 83.2M | 111.1M | 322.1M | 133.3M | 294.4M | 185.3M | |
Total Current Liabilities | 170.9M | 197.6M | 526.9M | 415.3M | 595.6M | 306.1M | |
Total Stockholder Equity | 841.9M | (21.4M) | 513.8M | 1.1B | 2.8B | 2.9B | |
Property Plant And Equipment Net | 2.0B | 1.3B | 2.3B | 2.4B | 4.5B | 4.7B | |
Net Debt | 1.2B | 1.2B | 1.4B | 1.1B | 1.7B | 1.2B | |
Accounts Payable | 40.5M | 38.3M | 71.4M | 91.0M | 159.9M | 167.9M | |
Cash | 40.9M | 48.8M | 56.8M | 44.4M | 14.1M | 13.4M | |
Non Current Assets Total | 2.1B | 1.3B | 2.3B | 2.5B | 4.8B | 5.0B | |
Non Currrent Assets Other | 11.5M | 14.9M | 54.3M | 46.7M | 273.6M | 287.2M | |
Cash And Short Term Investments | 40.9M | 48.8M | 56.8M | 44.4M | 14.1M | 13.4M | |
Net Receivables | 85.2M | 64.0M | 151.8M | 163.4M | 238.8M | 250.7M | |
Common Stock Shares Outstanding | 11.6M | 11.7M | 14.5M | 16.9M | 20.8M | 11.6M | |
Liabilities And Stockholders Equity | 2.3B | 1.4B | 2.6B | 2.7B | 5.1B | 5.4B | |
Non Current Liabilities Total | 1.3B | 1.3B | 1.5B | 1.2B | 1.8B | 1.3B | |
Inventory | 51.9M | 3.2M | 10.2M | 6.1M | 13.7M | 13.0M | |
Other Current Assets | 22.5M | 30.1M | 17.1M | 31.9M | 104.4M | 109.6M | |
Total Liab | 1.4B | 1.5B | 2.0B | 1.6B | 2.4B | 1.6B | |
Total Current Assets | 200.5M | 136.6M | 235.9M | 245.8M | 370.9M | 237.5M | |
Retained Earnings | (1.5B) | (2.4B) | (2.3B) | (1.6B) | (948.9M) | (996.3M) | |
Other Stockholder Equity | 2.4B | 2.4B | 2.8B | 2.8B | 3.7B | 2.4B | |
Common Stock | 2.4M | 120K | 171K | 168K | 354K | 336.3K | |
Current Deferred Revenue | 33.1M | 24.7M | 117.9M | 160.0M | 194.3M | 204.0M |
Also Currently Popular
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 Vital Energy is a strong investment it is important to analyze Vital Energy's competitive position within its industry, examining market share, product or service uniqueness, and competitive advantages. Beyond financials and market position, potential investors should also consider broader economic conditions, industry trends, and any regulatory or geopolitical factors that may impact Vital Energy's future performance. For an informed investment choice regarding Vital Stock, refer to the following important reports:Check out World Market Map to better understand how to build diversified portfolios, which includes a position in Vital Energy. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in bureau of economic analysis. For information on how to trade Vital Stock refer to our How to Trade Vital Stock guide.You can also try the Price Ceiling Movement module to calculate and plot Price Ceiling Movement for different equity instruments.
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 Vital Energy. If investors know Vital 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 Vital 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 21.038 | Earnings Share 15.09 | Revenue Per Share 54.183 | Quarterly Revenue Growth 0.054 | Return On Assets 0.0938 |
The market value of Vital Energy is measured differently than its book value, which is the value of Vital that is recorded on the company's balance sheet. Investors also form their own opinion of Vital Energy's value that differs from its market value or its book value, called intrinsic value, which is Vital 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 Vital Energy's market value can be influenced by many factors that don't directly affect Vital 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 Vital Energy's value and its price as these two are different measures arrived at by different means. Investors typically determine if Vital Energy is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Vital 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.