VVC Pb Ratio vs Capex To Depreciation Analysis
VVC Stock | CAD 0.03 0.00 0.00% |
VVC Exploration financial indicator trend analysis is much more than just breaking down VVC Exploration Corp prevalent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether VVC Exploration Corp is a good investment. Please check the relationship between VVC Exploration Pb Ratio and its Capex To Depreciation accounts. Check out World Market Map to better understand how to build diversified portfolios, which includes a position in VVC Exploration Corp. 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.
Pb Ratio vs Capex To Depreciation
Pb Ratio vs Capex To Depreciation Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of VVC Exploration Corp Pb Ratio account and Capex To Depreciation. At this time, the significance of the direction appears to have weak contrarian relationship.
The correlation between VVC Exploration's Pb Ratio and Capex To Depreciation is -0.13. Overlapping area represents the amount of variation of Pb Ratio that can explain the historical movement of Capex To Depreciation in the same time period over historical financial statements of VVC Exploration Corp, assuming nothing else is changed. The correlation between historical values of VVC Exploration's Pb Ratio and Capex To Depreciation is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Pb Ratio of VVC Exploration Corp are associated (or correlated) with its Capex To Depreciation. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Capex To Depreciation has no effect on the direction of Pb Ratio i.e., VVC Exploration's Pb Ratio and Capex To Depreciation go up and down completely randomly.
Correlation Coefficient | -0.13 |
Relationship Direction | Negative |
Relationship Strength | Insignificant |
Pb Ratio
Capex To Depreciation
The ratio of a company's capital expenditures to its depreciation expenses, indicating how much the company is investing in physical assets relative to the aging of existing assets.Most indicators from VVC Exploration's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into VVC Exploration Corp 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 VVC Exploration Corp. 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. At this time, VVC Exploration's Sales General And Administrative To Revenue is fairly stable compared to the past year. Enterprise Value is likely to climb to about 28.9 M in 2024, whereas Selling General Administrative is likely to drop slightly above 1.2 M in 2024.
VVC Exploration fundamental ratios Correlations
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VVC Exploration Account Relationship Matchups
High Positive Relationship
High Negative Relationship
VVC Exploration fundamental ratios Accounts
2019 | 2020 | 2021 | 2022 | 2023 | 2024 (projected) | ||
Total Assets | 6.3M | 3.3M | 4.0M | 1.8M | 18.6M | 19.5M | |
Short Long Term Debt Total | 654.1K | 321.1K | 233.5K | 2.1M | 1.9M | 2.4M | |
Total Current Liabilities | 1.8M | 2.7M | 7.6M | 8.5M | 8.9M | 9.4M | |
Total Stockholder Equity | 4.3M | 186.1K | (4.0M) | (7.2M) | 9.4M | 9.8M | |
Net Debt | 482.7K | (2.7M) | (3.4M) | 2.0M | (1.1M) | (1.1M) | |
Retained Earnings | (39.2M) | (53.9M) | (62.4M) | (67.9M) | (64.1M) | (60.9M) | |
Accounts Payable | 567.6K | 811.9K | 1.8M | 1.3M | 212.5K | 201.9K | |
Cash | 171.3K | 3.0M | 3.6M | 49.9K | 3.3M | 3.4M | |
Non Current Assets Total | 4.9M | 6.1M | 288.3K | 1.8M | 15.2M | 16.0M | |
Cash And Short Term Investments | 171.3K | 3.0M | 3.6M | 3.3M | 3.8M | 3.9M | |
Net Receivables | 24.1K | 211.4K | 32.7K | 85.2K | 76.7K | 139.8K | |
Common Stock Shares Outstanding | 319.4M | 511.0M | 555.0M | 572.7M | 658.6M | 691.5M | |
Liabilities And Stockholders Equity | 6.3M | 3.3M | 4.0M | 18.6M | 16.7M | 17.6M | |
Other Stockholder Equity | 9.9M | 13.2M | 13.7M | 14.7M | 13.2M | 10.0M | |
Total Liab | 2.1M | 3.1M | 7.9M | 9.1M | 9.2M | 9.7M | |
Total Current Assets | 206.8K | 3.3M | 3.7M | 72.8K | 3.4M | 3.5M | |
Short Term Debt | 321.1K | 195.3K | 233.5K | 2.1M | 1.9M | 1.3M | |
Non Current Liabilities Total | 332.9K | 327.3K | 318.8K | 565.2K | 281.8K | 267.7K | |
Other Current Assets | 36.2K | 695.0 | 10.9K | 5.7K | 5.2K | 4.9K | |
Common Stock | 33.5M | 41.1M | 44.9M | 47.3M | 54.4M | 35.1M | |
Net Tangible Assets | 3.6M | 4.3M | 186.1K | (4.0M) | (3.6M) | (3.4M) | |
Long Term Investments | 1.2M | 495.3K | 0.0 | 23.5K | 13.6M | 14.2M | |
Short Long Term Debt | 321.1K | 195.3K | 233.5K | 2.1M | 2.1M | 2.2M | |
Current Deferred Revenue | 23.7K | 354.6K | 4.1M | 4.6M | 5.3M | 5.5M | |
Other Assets | 2.0M | 4.2M | 5.9M | (288.3K) | (331.5K) | (315.0K) | |
Long Term Debt | 310.5K | 391.9K | 332.9K | 125.8K | 113.2K | 107.5K | |
Net Invested Capital | 4.9M | 507.2K | (3.7M) | (5.2M) | 11.5M | 12.1M | |
Net Working Capital | (1.5M) | 513.5K | (3.9M) | (8.4M) | (5.6M) | (5.3M) | |
Capital Stock | 33.5M | 41.1M | 44.9M | 47.3M | 54.4M | 45.1M |
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When running VVC Exploration's price analysis, check to measure VVC Exploration'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 VVC Exploration is operating at the current time. Most of VVC Exploration's value examination focuses on studying past and present price action to predict the probability of VVC Exploration's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move VVC Exploration's price. Additionally, you may evaluate how the addition of VVC Exploration to your portfolios can decrease your overall portfolio volatility.