Vitesse Inventory Turnover vs Price To Sales Ratio Analysis
VTS Stock | 26.00 0.12 0.46% |
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 Inventory Turnover and its Price To Sales Ratio 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.
Inventory Turnover vs Price To Sales Ratio
Inventory Turnover vs Price To Sales Ratio Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Vitesse Energy Inventory Turnover account and Price To Sales Ratio. At this time, the significance of the direction appears to have weak contrarian relationship.
The correlation between Vitesse Energy's Inventory Turnover and Price To Sales Ratio is -0.16. Overlapping area represents the amount of variation of Inventory Turnover that can explain the historical movement of Price To Sales Ratio 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 Inventory Turnover and Price To Sales Ratio is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Inventory Turnover of Vitesse Energy are associated (or correlated) with its Price To Sales Ratio. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Price To Sales Ratio has no effect on the direction of Inventory Turnover i.e., Vitesse Energy's Inventory Turnover and Price To Sales Ratio go up and down completely randomly.
Correlation Coefficient | -0.16 |
Relationship Direction | Negative |
Relationship Strength | Insignificant |
Inventory Turnover
A ratio showing how many times a company's inventory is sold and replaced over a period, indicating the efficiency of inventory management.Price To Sales Ratio
Price to Sales Ratio is figured by comparing Vitesse Energy stock price to its revenues. An advantage to using Price to Sales ratio is that it is based on Vitesse Energy sales, a figure that is much harder to manipulate than other Vitesse Energy multiples. Because sales tend to be more stable P/S ratio can be a good tool for screening cyclical companies fluctuating earnings patterns. A valuation ratio that compares a company's stock price to its revenues, calculated by dividing the company's market cap by its total sales or revenue over a 12-month period.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 74.8 M in 2025, whereas Enterprise Value Multiple is likely to drop 4.83 in 2025.
2022 | 2024 | 2025 (projected) | Depreciation And Amortization | 63.7M | 94.0M | 72.5M | Interest Income | 35.0M | 40.2M | 26.6M |
Vitesse Energy fundamental ratios Correlations
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Vitesse Energy Account Relationship Matchups
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Additional Tools for Vitesse Stock Analysis
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.