VUX Stock | | | CAD 0.21 0.01 5.00% |
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 Gross Profit and its Other Operating Expenses 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 board of governors.
For more information on how to buy Vital Stock please use our
How to Invest in Vital Energy guide.
Gross Profit vs Other Operating Expenses
Gross Profit vs Other Operating Expenses Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of
Vital Energy Gross Profit account and
Other Operating Expenses. At this time, the significance of the direction appears to have strong relationship.
The correlation between Vital Energy's Gross Profit and Other Operating Expenses is 0.63. Overlapping area represents the amount of variation of Gross Profit that can explain the historical movement of Other Operating Expenses 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 Gross Profit and Other Operating Expenses is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Gross Profit of Vital Energy are associated (or correlated) with its Other Operating Expenses. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Other Operating Expenses has no effect on the direction of Gross Profit i.e., Vital Energy's Gross Profit and Other Operating Expenses go up and down completely randomly.
Correlation Coefficient | 0.63 |
Relationship Direction | Positive |
Relationship Strength | Significant |
Gross Profit
Gross profit is a required income statement account that reflects total revenue of Vital Energy minus its cost of goods sold. It is profit before Vital Energy operating expenses, interest payments and taxes. Gross profit is also known as gross margin. The profit a company makes after deducting the costs associated with making and selling its products, or the costs associated with providing its services.
Other Operating Expenses
Other Operating Expenses is the expense which generally does not depend on sales or production quantities of Vital Energy. It is also known as Vital Energy overhead expenses. Typically these expenses include marketing, rent and utilities, office, leases, and other overhead cost. Expenses incurred from non-core business activities, including administrative and general expenses, but excluding costs directly related to production.
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 board of governors.
For more information on how to buy Vital Stock please use our
How to Invest in Vital Energy guide.At this time, Vital Energy's
Selling General Administrative is fairly stable compared to the past year.
Enterprise Value Over EBITDA is likely to climb to 220.91 in 2024, whereas
Issuance Of Capital Stock is likely to drop 0.00 in 2024.
| 2021 | 2022 | 2023 | 2024 (projected) |
Gross Profit | 8.4M | 7.2M | 2.6M | 2.7M | Total Revenue | 15.1M | 19.7M | 14.4M | 15.1M |
Vital Energy fundamental ratios Correlations
Click cells to compare fundamentals
Vital Energy Account Relationship Matchups
High Positive Relationship
High Negative Relationship
Vital Energy fundamental ratios Accounts
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Additional Tools for Vital Stock Analysis
When running Vital Energy's price analysis, check to
measure Vital 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 Vital Energy is operating at the current time. Most of Vital Energy's value examination focuses on studying past and present price action to
predict the probability of Vital 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 Vital Energy's price. Additionally, you may evaluate how the addition of Vital Energy to your portfolios can decrease your overall portfolio volatility.