Vitesse Net Debt vs Long Term Debt Analysis

VTS Stock

28.04 0.08 0.28%

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 Net Debt and its Long Term Debt 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.

Net Debt vs Long Term Debt

Net Debt vs Long Term Debt Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Vitesse Energy Net Debt account and Long Term Debt. At this time, the significance of the direction appears to have totally related.

The correlation between Vitesse Energy's Net Debt and Long Term Debt is 0.99. Overlapping area represents the amount of variation of Net Debt that can explain the historical movement of Long Term Debt 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 Net Debt and Long 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 Net Debt of Vitesse Energy are associated (or correlated) with its Long Term Debt. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Long Term Debt has no effect on the direction of Net Debt i.e., Vitesse Energy's Net Debt and Long Term Debt go up and down completely randomly.

Correlation Coefficient

0.99

Relationship Direction	Positive
Relationship Strength	Very Strong

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Net Debt

The total debt of a company minus its cash and cash equivalents. It represents the actual debt burden on the company after accounting for the liquid assets it holds.

Long Term Debt

Long-term debt is a debt that Vitesse Energy has held for over one year. Long-term debt appears on Vitesse Energy balance sheet and also includes long-term leases. The most common forms of long term debt are bonds payable, long-term notes payable, mortgage payable, pension liabilities, and lease liabilities. In the corporate world, long-term debt is generally used to fund big-ticket items, such as machinery, buildings, and land. The total of long-term debt reported on Vitesse Energy balance sheet is the sum of the balances of all categories of long-term debt. Debt that is not due within the current year and is often considered to be financing activities that are to be repaid over several years.

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 Amortization	60.8M	63.7M	81.7M	72.5M
Interest Income	35.8M	35.0M	40.2M	26.6M

Depreciation And Amortization Interest Income

Vitesse Energy fundamental ratios Correlations

	Common Stock Shares Outstanding	Total Assets	Short Long Term Debt Total	Other Current Liab	Total Current Liabilities	Total Stockholder Equity	Other Liab	Net Tangible Assets	Property Plant And Equipment Net	Current Deferred Revenue	Net Debt	Accounts Payable	Cash	Non Current Assets Total	Non Currrent Assets Other	Other Assets	Long Term Debt	Cash And Short Term Investments	Net Receivables	Long Term Debt Total	Non Current Liabilities Total	Capital Lease Obligations	Other Current Assets	Other Stockholder Equity	Total Liab	Net Invested Capital
Common Stock Shares Outstanding		0.1	-0.65	0.9	0.23	0.56	-0.42	0.33	-0.03	-0.62	-0.73	-0.16	0.97	-0.03	0.29	0.18	-0.67	0.97	0.5	-0.51	-0.71	0.26	-0.59	0.59	-0.48	0.24
Total Assets	0.1		-0.5	0.42	0.92	0.81	-0.7	0.95	0.99	0.47	-0.44	0.95	-0.11	0.99	0.92	0.32	-0.52	-0.11	0.79	-0.79	0.44	0.73	0.02	0.85	0.73	0.87
Short Long Term Debt Total	-0.65	-0.5		-0.9	-0.64	-0.86	0.21	-0.55	-0.4	0.44	0.99	-0.32	-0.59	-0.39	-0.37	0.31	1.0	-0.59	-0.87	0.88	0.53	-0.08	0.84	-0.72	0.16	-0.55
Other Current Liab	0.9	0.42	-0.9		0.53	0.84	-0.46	0.56	0.3	-0.48	-0.94	0.19	0.82	0.29	0.47	0.03	-0.91	0.82	0.78	-0.79	-0.6	0.3	-0.71	0.78	-0.27	0.53
Total Current Liabilities	0.23	0.92	-0.64	0.53		0.79	-0.54	0.95	0.88	0.16	-0.58	0.78	0.07	0.87	0.85	0.12	-0.65	0.07	0.93	-0.92	0.27	0.55	-0.23	0.9	0.64	0.68
Total Stockholder Equity	0.56	0.81	-0.86	0.84	0.79		-0.63	0.81	0.74	0.02	-0.85	0.68	0.39	0.74	0.73	0.13	-0.88	0.39	0.89	-0.89	-0.16	0.54	-0.45	0.89	0.2	0.89
Other Liab	-0.42	-0.7	0.21	-0.46	-0.54	-0.63		-0.77	-0.68	-0.43	0.23	-0.61	-0.21	-0.69	-0.89	-0.85	0.24	-0.21	-0.45	0.45	-0.28	-0.98	-0.29	-0.76	-0.45	-0.74
Net Tangible Assets	0.33	0.95	-0.55	0.56	0.95	0.81	-0.77		0.9	0.26	-0.51	0.79	0.13	0.9	0.97	0.4	-0.57	0.13	0.86	-0.86	0.31	0.77	-0.07	0.95	0.64	0.77
Property Plant And Equipment Net	-0.03	0.99	-0.4	0.3	0.88	0.74	-0.68	0.9		0.58	-0.33	0.98	-0.24	1.0	0.89	0.34	-0.42	-0.24	0.71	-0.71	0.54	0.72	0.13	0.77	0.8	0.86
Current Deferred Revenue	-0.62	0.47	0.44	-0.48	0.16	0.02	-0.43	0.26	0.58		0.49	0.69	-0.78	0.59	0.41	0.53	0.43	-0.78	-0.16	0.17	0.87	0.56	0.82	0.01	0.76	0.46
Net Debt	-0.73	-0.44	0.99	-0.94	-0.58	-0.85	0.23	-0.51	-0.33	0.49		-0.25	-0.67	-0.32	-0.35	0.27	0.99	-0.67	-0.83	0.84	0.6	-0.09	0.85	-0.71	0.24	-0.53
Accounts Payable	-0.16	0.95	-0.32	0.19	0.78	0.68	-0.61	0.79	0.98	0.69	-0.25		-0.38	0.98	0.79	0.3	-0.34	-0.38	0.59	-0.59	0.58	0.66	0.2	0.64	0.79	0.88
Cash	0.97	-0.11	-0.59	0.82	0.07	0.39	-0.21	0.13	-0.24	-0.78	-0.67	-0.38		-0.25	0.08	0.03	-0.6	1.0	0.37	-0.39	-0.83	0.04	-0.67	0.42	-0.64	0.02
Non Current Assets Total	-0.03	0.99	-0.39	0.29	0.87	0.74	-0.69	0.9	1.0	0.59	-0.32	0.98	-0.25		0.89	0.35	-0.4	-0.25	0.7	-0.69	0.55	0.73	0.15	0.76	0.8	0.87
Non Currrent Assets Other	0.29	0.92	-0.37	0.47	0.85	0.73	-0.89	0.97	0.89	0.41	-0.35	0.79	0.08	0.89		0.62	-0.4	0.08	0.71	-0.71	0.41	0.9	0.15	0.9	0.68	0.78
Other Assets	0.18	0.32	0.31	0.03	0.12	0.13	-0.85	0.4	0.34	0.53	0.27	0.3	0.03	0.35	0.62		0.28	0.03	-0.06	0.05	0.42	0.88	0.67	0.34	0.39	0.36
Long Term Debt	-0.67	-0.52	1.0	-0.91	-0.65	-0.88	0.24	-0.57	-0.42	0.43	0.99	-0.34	-0.6	-0.4	-0.4	0.28		-0.6	-0.88	0.89	0.52	-0.12	0.82	-0.74	0.14	-0.57
Cash And Short Term Investments	0.97	-0.11	-0.59	0.82	0.07	0.39	-0.21	0.13	-0.24	-0.78	-0.67	-0.38	1.0	-0.25	0.08	0.03	-0.6		0.37	-0.39	-0.83	0.04	-0.67	0.42	-0.64	0.02
Net Receivables	0.5	0.79	-0.87	0.78	0.93	0.89	-0.45	0.86	0.71	-0.16	-0.83	0.59	0.37	0.7	0.71	-0.06	-0.88	0.37		-1.0	-0.1	0.39	-0.56	0.92	0.3	0.65
Long Term Debt Total	-0.51	-0.79	0.88	-0.79	-0.92	-0.89	0.45	-0.86	-0.71	0.17	0.84	-0.59	-0.39	-0.69	-0.71	0.05	0.89	-0.39	-1.0		0.12	-0.39	0.56	-0.92	-0.29	-0.66
Non Current Liabilities Total	-0.71	0.44	0.53	-0.6	0.27	-0.16	-0.28	0.31	0.54	0.87	0.6	0.58	-0.83	0.55	0.41	0.42	0.52	-0.83	-0.1	0.12		0.45	0.8	0.01	0.92	0.19
Capital Lease Obligations	0.26	0.73	-0.08	0.3	0.55	0.54	-0.98	0.77	0.72	0.56	-0.09	0.66	0.04	0.73	0.9	0.88	-0.12	0.04	0.39	-0.39	0.45		0.43	0.7	0.59	0.71
Other Current Assets	-0.59	0.02	0.84	-0.71	-0.23	-0.45	-0.29	-0.07	0.13	0.82	0.85	0.2	-0.67	0.15	0.15	0.67	0.82	-0.67	-0.56	0.56	0.8	0.43		-0.29	0.55	-0.03
Other Stockholder Equity	0.59	0.85	-0.72	0.78	0.9	0.89	-0.76	0.95	0.77	0.01	-0.71	0.64	0.42	0.76	0.9	0.34	-0.74	0.42	0.92	-0.92	0.01	0.7	-0.29		0.38	0.74
Total Liab	-0.48	0.73	0.16	-0.27	0.64	0.2	-0.45	0.64	0.8	0.76	0.24	0.79	-0.64	0.8	0.68	0.39	0.14	-0.64	0.3	-0.29	0.92	0.59	0.55	0.38		0.44
Net Invested Capital	0.24	0.87	-0.55	0.53	0.68	0.89	-0.74	0.77	0.86	0.46	-0.53	0.88	0.02	0.87	0.78	0.36	-0.57	0.02	0.65	-0.66	0.19	0.71	-0.03	0.74	0.44

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Vitesse Net Debt vs Long Term Debt Analysis

Net Debt vs Long Term Debt

Net Debt vs Long Term Debt Correlation Analysis

Correlation Coefficient

Net Debt

Long Term Debt

Vitesse Energy fundamental ratios Correlations

Vitesse Energy Account Relationship Matchups

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Long Term Debt	+ 1.0	Short Long Term Debt Total
Non Current Assets Total	+ 1.0	Property Plant And Equipment Net
Cash And Short Term Investments	+ 1.0	Cash
Property Plant And Equipment Net	+ 0.99	Total Assets
Non Current Assets Total	+ 0.99	Total Assets
Net Debt	+ 0.99	Short Long Term Debt Total

Long Term Debt Total	- 1.0	Net Receivables
Capital Lease Obligations	- 0.98	Other Liab
Net Debt	- 0.94	Other Current Liab
Other Stockholder Equity	- 0.92	Long Term Debt Total
Long Term Debt Total	- 0.92	Total Current Liabilities
Long Term Debt	- 0.91	Other Current Liab