Vitesse Ptb Ratio vs Free Cash Flow Per Share 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 Ptb Ratio and its Free Cash Flow Per Share 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.
Ptb Ratio vs Free Cash Flow Per Share
Ptb Ratio vs Free Cash Flow Per Share Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Vitesse Energy Ptb Ratio account and Free Cash Flow Per Share. At this time, the significance of the direction appears to have weak contrarian relationship.
The correlation between Vitesse Energy's Ptb Ratio and Free Cash Flow Per Share is -0.04. Overlapping area represents the amount of variation of Ptb Ratio that can explain the historical movement of Free Cash Flow Per Share 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 Ptb Ratio and Free Cash Flow Per Share is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Ptb Ratio of Vitesse Energy are associated (or correlated) with its Free Cash Flow Per Share. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Free Cash Flow Per Share has no effect on the direction of Ptb Ratio i.e., Vitesse Energy's Ptb Ratio and Free Cash Flow Per Share go up and down completely randomly.
Correlation Coefficient | -0.04 |
Relationship Direction | Negative |
Relationship Strength | Insignificant |
Ptb Ratio
Price-to-Book ratio, a financial valuation metric used to compare a company's current market price to its book value. It provides insight into the value that market participants place on the company's equity relative to its net asset value.Free Cash Flow Per Share
The amount of cash a company generates after accounting for capital expenditures, divided by the number of outstanding shares. It represents the cash available for dividends, share buybacks, or debt repayment per share.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 |
Vitesse Energy fundamental ratios Correlations
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Vitesse Energy Account Relationship Matchups
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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.