Vitesse Total Stockholder Equity vs Net Invested Capital 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 Total Stockholder Equity and its Net Invested Capital 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.

Total Stockholder Equity vs Net Invested Capital

Total Stockholder Equity vs Net Invested Capital Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Vitesse Energy Total Stockholder Equity account and Net Invested Capital. At this time, the significance of the direction appears to have very strong relationship.

The correlation between Vitesse Energy's Total Stockholder Equity and Net Invested Capital is 0.89. Overlapping area represents the amount of variation of Total Stockholder Equity that can explain the historical movement of Net Invested Capital 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 Total Stockholder Equity and Net Invested Capital is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Total Stockholder Equity of Vitesse Energy are associated (or correlated) with its Net Invested Capital. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Net Invested Capital has no effect on the direction of Total Stockholder Equity i.e., Vitesse Energy's Total Stockholder Equity and Net Invested Capital go up and down completely randomly.

Correlation Coefficient

0.89

Relationship Direction	Positive
Relationship Strength	Strong

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Total Stockholder Equity

The total equity held by shareholders, calculated as the difference between a company's total assets and total liabilities. It represents the net value of the company owned by shareholders.

Net Invested Capital

The total amount of capital invested in a company, including both equity and debt, minus any cash or cash equivalents.

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 Total Stockholder Equity vs Net Invested Capital Analysis

Total Stockholder Equity vs Net Invested Capital

Total Stockholder Equity vs Net Invested Capital Correlation Analysis

Correlation Coefficient

Total Stockholder Equity

Net Invested Capital

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