Vivakor Net Invested Capital vs Total Current Assets Analysis

VIVK Stock  USD 1.40  0.07  4.76%   
Vivakor financial indicator trend analysis is much more than just breaking down Vivakor prevalent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Vivakor is a good investment. Please check the relationship between Vivakor Net Invested Capital and its Total Current Assets accounts. Check out World Market Map to better understand how to build diversified portfolios, which includes a position in Vivakor. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in real.
For more information on how to buy Vivakor Stock please use our How to buy in Vivakor Stock guide.

Net Invested Capital vs Total Current Assets

Net Invested Capital vs Total Current Assets Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Vivakor Net Invested Capital account and Total Current Assets. At this time, the significance of the direction appears to have fragmental relationship.
The correlation between Vivakor's Net Invested Capital and Total Current Assets is 0.56. Overlapping area represents the amount of variation of Net Invested Capital that can explain the historical movement of Total Current Assets in the same time period over historical financial statements of Vivakor, assuming nothing else is changed. The correlation between historical values of Vivakor's Net Invested Capital and Total Current Assets 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 Invested Capital of Vivakor are associated (or correlated) with its Total Current Assets. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Total Current Assets has no effect on the direction of Net Invested Capital i.e., Vivakor's Net Invested Capital and Total Current Assets go up and down completely randomly.

Correlation Coefficient

0.56
Relationship DirectionPositive 
Relationship StrengthWeak

Net Invested Capital

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

Total Current Assets

The total value of all assets that are expected to be converted into cash within one year or during the normal operating cycle.
Most indicators from Vivakor's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Vivakor 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 Vivakor. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in real.
For more information on how to buy Vivakor Stock please use our How to buy in Vivakor Stock guide.At this time, Vivakor's Selling General Administrative is quite stable compared to the past year. Tax Provision is expected to rise to about 97.3 K this year, although the value of Issuance Of Capital Stock will most likely fall to 0.00.
 2021 2022 2023 2024 (projected)
Reconciled Depreciation1.5M3.0M3.9M2.7M
Interest Income3.3K23.7K15.0K15.5K

Vivakor fundamental ratios Correlations

0.270.16-0.240.090.090.070.270.230.070.090.08-0.010.130.1-0.070.18-0.030.060.280.28-0.340.070.08-0.090.34
0.270.25-0.870.90.830.240.870.750.780.390.80.120.520.050.210.820.190.940.46-0.360.160.93-0.48-0.010.67
0.160.25-0.550.290.380.380.50.670.330.480.330.20.4-0.320.590.480.640.180.73-0.230.230.090.140.430.68
-0.24-0.87-0.55-0.91-0.91-0.58-0.96-0.95-0.91-0.63-0.92-0.38-0.720.14-0.61-0.95-0.57-0.83-0.740.52-0.28-0.730.38-0.06-0.84
0.090.90.29-0.910.90.490.880.790.940.470.960.30.640.030.440.870.360.920.49-0.560.480.87-0.620.070.58
0.090.830.38-0.910.90.60.860.820.890.770.90.40.82-0.090.520.830.510.830.58-0.420.40.76-0.340.090.67
0.070.240.38-0.580.490.60.560.610.730.670.70.790.81-0.030.70.540.710.20.67-0.290.280.04-0.220.050.42
0.270.870.5-0.960.880.860.560.940.890.530.90.350.67-0.010.490.860.560.80.77-0.40.20.72-0.420.20.86
0.230.750.67-0.950.790.820.610.940.840.60.840.430.68-0.140.630.850.730.680.86-0.390.220.59-0.180.250.88
0.070.780.33-0.910.940.890.730.890.840.561.00.550.75-0.010.590.870.550.80.62-0.570.460.69-0.570.050.61
0.090.390.48-0.630.470.770.670.530.60.560.550.480.91-0.340.540.550.60.360.6-0.180.250.250.060.10.55
0.080.80.33-0.920.960.90.70.90.841.00.550.520.740.00.580.880.530.820.61-0.570.460.72-0.580.050.61
-0.010.120.2-0.380.30.40.790.350.430.550.480.520.57-0.20.540.390.620.160.54-0.180.31-0.05-0.13-0.050.19
0.130.520.4-0.720.640.820.810.670.680.750.910.740.57-0.060.480.610.630.480.7-0.220.280.37-0.170.140.53
0.10.05-0.320.140.03-0.09-0.03-0.01-0.14-0.01-0.340.0-0.2-0.06-0.4-0.26-0.15-0.03-0.070.31-0.240.11-0.10.14-0.22
-0.070.210.59-0.610.440.520.70.490.630.590.540.580.540.48-0.40.70.680.260.53-0.650.40.07-0.16-0.130.56
0.180.820.48-0.950.870.830.540.860.850.870.550.880.390.61-0.260.70.440.80.59-0.660.320.68-0.45-0.20.75
-0.030.190.64-0.570.360.510.710.560.730.550.60.530.620.63-0.150.680.440.210.86-0.220.290.080.170.440.62
0.060.940.18-0.830.920.830.20.80.680.80.360.820.160.48-0.030.260.80.210.37-0.510.410.96-0.580.020.55
0.280.460.73-0.740.490.580.670.770.860.620.60.610.540.7-0.070.530.590.860.37-0.130.050.250.040.380.8
0.28-0.36-0.230.52-0.56-0.42-0.29-0.4-0.39-0.57-0.18-0.57-0.18-0.220.31-0.65-0.66-0.22-0.51-0.13-0.55-0.390.580.25-0.31
-0.340.160.23-0.280.480.40.280.20.220.460.250.460.310.28-0.240.40.320.290.410.05-0.550.32-0.450.26-0.06
0.070.930.09-0.730.870.760.040.720.590.690.250.72-0.050.370.110.070.680.080.960.25-0.390.32-0.50.080.47
0.08-0.480.140.38-0.62-0.34-0.22-0.42-0.18-0.570.06-0.58-0.13-0.17-0.1-0.16-0.450.17-0.580.040.58-0.45-0.50.16-0.04
-0.09-0.010.43-0.060.070.090.050.20.250.050.10.05-0.050.140.14-0.13-0.20.440.020.380.250.260.080.160.19
0.340.670.68-0.840.580.670.420.860.880.610.550.610.190.53-0.220.560.750.620.550.8-0.31-0.060.47-0.040.19
Click cells to compare fundamentals

Vivakor Account Relationship Matchups

Vivakor fundamental ratios Accounts

201920202021202220232024 (projected)
Other Current Liab11.9M102.6K175.3K1.7M2.1M1.4M
Total Current Liabilities13.8M3.6M7.2M12.9M40.0M42.0M
Retained Earnings(27.8M)(30.2M)(35.7M)(55.2M)(65.9M)(62.6M)
Accounts Payable584.0K1.0M1.5M5.0M7.2M7.5M
Total Current Assets2.5M6.2M5.2M9.2M5.1M3.6M
Common Stock285.3K11.3K12.3K18.1K26.2K24.9K
Net Tangible Assets(31.4M)(21.2M)(1.6M)6.5M5.9M6.1M
Other Current Assets202.4K87.1K73.2K731.8K1.2M699.9K
Property Plant Equipment12.5M17.1M19.0M25.0M28.7M30.1M
Other Assets844.9K78.5K1.2M37.5K33.7K32.0K

Building efficient market-beating portfolios requires time, education, and a lot of computing power!

The Portfolio Architect is an AI-driven system that provides multiple benefits to our users by leveraging cutting-edge machine learning algorithms, statistical analysis, and predictive modeling to automate the process of asset selection and portfolio construction, saving time and reducing human error for individual and institutional investors.

Try AI Portfolio Architect
When determining whether Vivakor is a good investment, qualitative aspects like company management, corporate governance, and ethical practices play a significant role. A comparison with peer companies also provides context and helps to understand if Vivakor Stock is undervalued or overvalued. This multi-faceted approach, blending both quantitative and qualitative analysis, forms a solid foundation for making an informed investment decision about Vivakor Stock. Highlighted below are key reports to facilitate an investment decision about Vivakor Stock:
Check out World Market Map to better understand how to build diversified portfolios, which includes a position in Vivakor. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in real.
For more information on how to buy Vivakor Stock please use our How to buy in Vivakor Stock guide.
You can also try the Portfolio Backtesting module to avoid under-diversification and over-optimization by backtesting your portfolios.
Is Oil & Gas Exploration & Production space expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of Vivakor. If investors know Vivakor will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about Vivakor listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Earnings Share
(0.42)
Revenue Per Share
2.619
Quarterly Revenue Growth
0.191
Return On Assets
(0.07)
Return On Equity
(0.59)
The market value of Vivakor is measured differently than its book value, which is the value of Vivakor that is recorded on the company's balance sheet. Investors also form their own opinion of Vivakor's value that differs from its market value or its book value, called intrinsic value, which is Vivakor's true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because Vivakor's market value can be influenced by many factors that don't directly affect Vivakor's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between Vivakor's value and its price as these two are different measures arrived at by different means. Investors typically determine if Vivakor is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Vivakor's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.