Vitesse Free Cash Flow Yield vs Pb Ratio Analysis

VTS Stock   28.08  0.15  0.54%   
Vitesse Energy financial indicator trend analysis is much more than just breaking down Vitesse Energy prevalent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Vitesse Energy is a good investment. Please check the relationship between Vitesse Energy Free Cash Flow Yield and its Pb Ratio accounts. Check out World Market Map to better understand how to build diversified portfolios, which includes a position in Vitesse 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 estimate.
For more information on how to buy Vitesse Stock please use our How to Invest in Vitesse Energy guide.

Free Cash Flow Yield vs Pb Ratio

Free Cash Flow Yield vs Pb Ratio Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Vitesse Energy Free Cash Flow Yield account and Pb Ratio. At this time, the significance of the direction appears to have weak contrarian relationship.
The correlation between Vitesse Energy's Free Cash Flow Yield and Pb Ratio is -0.04. Overlapping area represents the amount of variation of Free Cash Flow Yield that can explain the historical movement of Pb Ratio in the same time period over historical financial statements of Vitesse Energy, assuming nothing else is changed. The correlation between historical values of Vitesse Energy's Free Cash Flow Yield and Pb Ratio is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Free Cash Flow Yield of Vitesse Energy are associated (or correlated) with its Pb Ratio. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Pb Ratio has no effect on the direction of Free Cash Flow Yield i.e., Vitesse Energy's Free Cash Flow Yield and Pb Ratio go up and down completely randomly.

Correlation Coefficient

-0.04
Relationship DirectionNegative 
Relationship StrengthInsignificant

Free Cash Flow Yield

A financial solvency ratio that compares the free cash flow per share a company is expected to earn against its market value per share, calculated as free cash flow per share divided by market price per share.

Pb Ratio

Most indicators from Vitesse Energy's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Vitesse 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 Vitesse 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 estimate.
For more information on how to buy Vitesse Stock please use our How to Invest in Vitesse Energy guide.At this time, Vitesse Energy's Selling General Administrative is comparatively stable compared to the past year. Tax Provision is likely to gain to about 65 M in 2024, whereas Enterprise Value is likely to drop slightly above 478 M in 2024.
 2021 2022 2023 2024 (projected)
Depreciation And Amortization60.8M63.7M81.7M72.5M
Interest Income35.8M35.0M40.2M26.6M

Vitesse Energy fundamental ratios Correlations

0.1-0.650.90.230.56-0.420.33-0.03-0.62-0.73-0.160.97-0.030.290.18-0.670.970.5-0.51-0.710.26-0.590.59-0.480.24
0.1-0.50.420.920.81-0.70.950.990.47-0.440.95-0.110.990.920.32-0.52-0.110.79-0.790.440.730.020.850.730.87
-0.65-0.5-0.9-0.64-0.860.21-0.55-0.40.440.99-0.32-0.59-0.39-0.370.311.0-0.59-0.870.880.53-0.080.84-0.720.16-0.55
0.90.42-0.90.530.84-0.460.560.3-0.48-0.940.190.820.290.470.03-0.910.820.78-0.79-0.60.3-0.710.78-0.270.53
0.230.92-0.640.530.79-0.540.950.880.16-0.580.780.070.870.850.12-0.650.070.93-0.920.270.55-0.230.90.640.68
0.560.81-0.860.840.79-0.630.810.740.02-0.850.680.390.740.730.13-0.880.390.89-0.89-0.160.54-0.450.890.20.89
-0.42-0.70.21-0.46-0.54-0.63-0.77-0.68-0.430.23-0.61-0.21-0.69-0.89-0.850.24-0.21-0.450.45-0.28-0.98-0.29-0.76-0.45-0.74
0.330.95-0.550.560.950.81-0.770.90.26-0.510.790.130.90.970.4-0.570.130.86-0.860.310.77-0.070.950.640.77
-0.030.99-0.40.30.880.74-0.680.90.58-0.330.98-0.241.00.890.34-0.42-0.240.71-0.710.540.720.130.770.80.86
-0.620.470.44-0.480.160.02-0.430.260.580.490.69-0.780.590.410.530.43-0.78-0.160.170.870.560.820.010.760.46
-0.73-0.440.99-0.94-0.58-0.850.23-0.51-0.330.49-0.25-0.67-0.32-0.350.270.99-0.67-0.830.840.6-0.090.85-0.710.24-0.53
-0.160.95-0.320.190.780.68-0.610.790.980.69-0.25-0.380.980.790.3-0.34-0.380.59-0.590.580.660.20.640.790.88
0.97-0.11-0.590.820.070.39-0.210.13-0.24-0.78-0.67-0.38-0.250.080.03-0.61.00.37-0.39-0.830.04-0.670.42-0.640.02
-0.030.99-0.390.290.870.74-0.690.91.00.59-0.320.98-0.250.890.35-0.4-0.250.7-0.690.550.730.150.760.80.87
0.290.92-0.370.470.850.73-0.890.970.890.41-0.350.790.080.890.62-0.40.080.71-0.710.410.90.150.90.680.78
0.180.320.310.030.120.13-0.850.40.340.530.270.30.030.350.620.280.03-0.060.050.420.880.670.340.390.36
-0.67-0.521.0-0.91-0.65-0.880.24-0.57-0.420.430.99-0.34-0.6-0.4-0.40.28-0.6-0.880.890.52-0.120.82-0.740.14-0.57
0.97-0.11-0.590.820.070.39-0.210.13-0.24-0.78-0.67-0.381.0-0.250.080.03-0.60.37-0.39-0.830.04-0.670.42-0.640.02
0.50.79-0.870.780.930.89-0.450.860.71-0.16-0.830.590.370.70.71-0.06-0.880.37-1.0-0.10.39-0.560.920.30.65
-0.51-0.790.88-0.79-0.92-0.890.45-0.86-0.710.170.84-0.59-0.39-0.69-0.710.050.89-0.39-1.00.12-0.390.56-0.92-0.29-0.66
-0.710.440.53-0.60.27-0.16-0.280.310.540.870.60.58-0.830.550.410.420.52-0.83-0.10.120.450.80.010.920.19
0.260.73-0.080.30.550.54-0.980.770.720.56-0.090.660.040.730.90.88-0.120.040.39-0.390.450.430.70.590.71
-0.590.020.84-0.71-0.23-0.45-0.29-0.070.130.820.850.2-0.670.150.150.670.82-0.67-0.560.560.80.43-0.290.55-0.03
0.590.85-0.720.780.90.89-0.760.950.770.01-0.710.640.420.760.90.34-0.740.420.92-0.920.010.7-0.290.380.74
-0.480.730.16-0.270.640.2-0.450.640.80.760.240.79-0.640.80.680.390.14-0.640.3-0.290.920.590.550.380.44
0.240.87-0.550.530.680.89-0.740.770.860.46-0.530.880.020.870.780.36-0.570.020.65-0.660.190.71-0.030.740.44
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Vitesse Energy Account Relationship Matchups

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Additional Tools for Vitesse Stock Analysis

When running Vitesse Energy's price analysis, check to measure Vitesse Energy's market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy Vitesse Energy is operating at the current time. Most of Vitesse Energy's value examination focuses on studying past and present price action to predict the probability of Vitesse Energy's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Vitesse Energy's price. Additionally, you may evaluate how the addition of Vitesse Energy to your portfolios can decrease your overall portfolio volatility.