Vital Income Before Tax vs Ebit Analysis

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 Income Before Tax and its Ebit 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.

Income Before Tax vs Ebit

Income Before Tax vs Ebit Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Vital Energy Income Before Tax account and Ebit. At this time, the significance of the direction appears to have weak contrarian relationship.
The correlation between Vital Energy's Income Before Tax and Ebit is -0.06. Overlapping area represents the amount of variation of Income Before Tax that can explain the historical movement of Ebit 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 Income Before Tax and Ebit is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Income Before Tax of Vital Energy are associated (or correlated) with its Ebit. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Ebit has no effect on the direction of Income Before Tax i.e., Vital Energy's Income Before Tax and Ebit go up and down completely randomly.

Correlation Coefficient

-0.06
Relationship DirectionNegative 
Relationship StrengthInsignificant

Income Before Tax

Income Before Tax which can also be referred as pre-tax income is reported on Vital Energy income statement and is an important metric when analyzing Vital Energy profitability. Accounting techniques because taxes can be complex, and not perfectly consistent from one company to company, an analyst may use pre-tax income as a more stable measure of profitability.

Ebit

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 Profit8.4M7.2M2.6M2.7M
Total Revenue15.1M19.7M14.4M15.1M

Vital Energy fundamental ratios Correlations

0.770.660.410.820.140.780.260.780.85-0.270.670.47-0.120.780.78-0.160.220.740.620.320.630.650.510.750.6
0.770.060.810.97-0.30.60.170.970.7-0.390.650.36-0.350.490.49-0.320.230.960.590.040.590.620.530.960.91
0.660.06-0.370.160.60.560.30.050.560.150.270.220.30.670.670.16-0.140.060.220.590.230.350.080.07-0.12
0.410.81-0.370.76-0.740.11-0.150.850.23-0.50.520.39-0.640.270.28-0.350.470.80.57-0.310.490.510.630.80.78
0.820.970.160.76-0.230.660.180.960.76-0.370.680.38-0.320.540.54-0.330.280.970.640.160.620.680.540.960.86
0.14-0.30.6-0.74-0.230.550.46-0.330.420.39-0.29-0.320.75-0.01-0.020.33-0.3-0.34-0.360.38-0.22-0.33-0.49-0.29-0.28
0.780.60.560.110.660.550.60.560.980.090.35-0.030.360.410.4-0.12-0.010.570.220.430.250.31-0.020.640.54
0.260.170.3-0.150.180.460.60.070.520.37-0.08-0.490.82-0.1-0.13-0.13-0.370.13-0.310.34-0.43-0.05-0.590.290.25
0.780.970.050.850.96-0.330.560.070.66-0.510.680.47-0.420.510.52-0.340.450.940.68-0.060.680.60.630.930.89
0.850.70.560.230.760.420.980.520.66-0.020.540.120.230.490.48-0.250.060.670.380.440.380.430.120.730.57
-0.27-0.390.15-0.5-0.370.390.090.37-0.51-0.02-0.43-0.790.48-0.15-0.180.01-0.6-0.34-0.610.4-0.78-0.22-0.78-0.22-0.33
0.670.650.270.520.68-0.290.35-0.080.680.54-0.430.67-0.390.530.54-0.630.340.630.810.250.680.650.60.640.36
0.470.360.220.390.38-0.32-0.03-0.490.470.12-0.790.67-0.590.60.63-0.20.610.340.88-0.050.910.530.870.220.17
-0.12-0.350.3-0.64-0.320.750.360.82-0.420.230.48-0.39-0.59-0.36-0.370.1-0.46-0.38-0.570.34-0.59-0.41-0.81-0.25-0.24
0.780.490.670.270.54-0.010.41-0.10.510.49-0.150.530.6-0.361.0-0.080.270.50.720.40.630.80.60.460.31
0.780.490.670.280.54-0.020.4-0.130.520.48-0.180.540.63-0.371.0-0.070.290.50.730.390.650.80.630.460.3
-0.16-0.320.16-0.35-0.330.33-0.12-0.13-0.34-0.250.01-0.63-0.20.1-0.08-0.07-0.24-0.35-0.43-0.12-0.13-0.29-0.01-0.43-0.27
0.220.23-0.140.470.28-0.3-0.01-0.370.450.06-0.60.340.61-0.460.270.29-0.240.270.64-0.360.570.210.620.230.24
0.740.960.060.80.97-0.340.570.130.940.67-0.340.630.34-0.380.50.5-0.350.270.620.080.570.660.510.960.85
0.620.590.220.570.64-0.360.22-0.310.680.38-0.610.810.88-0.570.720.73-0.430.640.620.170.870.770.810.550.37
0.320.040.59-0.310.160.380.430.34-0.060.440.40.25-0.050.340.40.39-0.12-0.360.080.170.030.55-0.170.15-0.15
0.630.590.230.490.62-0.220.25-0.430.680.38-0.780.680.91-0.590.630.65-0.130.570.570.870.030.590.90.450.42
0.650.620.350.510.68-0.330.31-0.050.60.43-0.220.650.53-0.410.80.8-0.290.210.660.770.550.590.590.640.42
0.510.530.080.630.54-0.49-0.02-0.590.630.12-0.780.60.87-0.810.60.63-0.010.620.510.81-0.170.90.590.390.36
0.750.960.070.80.96-0.290.640.290.930.73-0.220.640.22-0.250.460.46-0.430.230.960.550.150.450.640.390.87
0.60.91-0.120.780.86-0.280.540.250.890.57-0.330.360.17-0.240.310.3-0.270.240.850.37-0.150.420.420.360.87
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Vital Energy Account Relationship Matchups

Vital Energy fundamental ratios Accounts

201920202021202220232024 (projected)
Total Assets15.5M10.9M16.3M21.6M29.7M31.2M
Total Current Liabilities3.4M2.2M2.4M2.5M15.3M16.1M
Total Stockholder Equity10.8M3.2M12.1M17.0M11.6M9.6M
Net Debt(413.7K)3.7M(1.2M)(91.9K)9.0M9.4M
Accounts Payable1.1M970.3K792.6K2.2M6.2M6.5M
Cash413.7K107.1K1.5M295.2K115.0K109.2K
Cash And Short Term Investments413.7K713.5K1.7M2.1M7.1M7.5M
Liabilities And Stockholders Equity15.5M10.9M16.3M21.6M29.7M31.2M
Other Current Assets66.2K32.9K17.1K67.3K218.9K229.9K
Total Liab4.7M7.7M4.1M4.7M18.2M19.1M
Total Current Assets1.5M1.5M3.7M3.8M9.1M9.5M
Retained Earnings(22.4M)(30.0M)(21.0M)(16.3M)(21.7M)(22.8M)
Net Receivables999.8K710.7K2.1M1.7M1.7M1.8M
Property Plant And Equipment Net13.5M8.9M12.0M17.2M20.1M11.7M
Non Current Assets Total14.0M9.4M12.6M17.8M20.7M12.1M
Non Current Liabilities Total1.4M5.5M1.8M2.1M2.8M1.7M
Other Current Liab262.4K1.1M258.6K2.4M6.3M6.6M
Other Liab1.4M1.6M1.6M2.1M2.4M1.3M
Net Tangible Assets10.8M3.2M12.1M17.0M15.3M8.9M
Property Plant Equipment13.5M8.9M12.0M17.2M19.8M13.1M
Other Assets556.0K561.3K564.1K567.7K652.9K578.6K
Current Deferred Revenue2.0M1.1M1.3M(2.2M)(6.2M)(5.9M)
Net Invested Capital10.8M7.0M12.2M17.0M20.6M13.9M
Net Working Capital(1.9M)(769.1K)1.3M1.3M(6.3M)(5.9M)

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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.