Vista Income Quality vs Capex To Revenue Analysis

VGZ Stock

CAD 0.81 0.02 2.53%

Vista Gold financial indicator trend analysis is much more than just breaking down Vista Gold prevalent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Vista Gold is a good investment. Please check the relationship between Vista Gold Income Quality and its Capex To Revenue accounts. Check out World Market Map to better understand how to build diversified portfolios, which includes a position in Vista Gold. 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.

To learn how to invest in Vista Stock, please use our How to Invest in Vista Gold guide.

Income Quality vs Capex To Revenue

Income Quality vs Capex To Revenue Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Vista Gold Income Quality account and Capex To Revenue. At this time, the significance of the direction appears to have weak contrarian relationship.

The correlation between Vista Gold's Income Quality and Capex To Revenue is -0.08. Overlapping area represents the amount of variation of Income Quality that can explain the historical movement of Capex To Revenue in the same time period over historical financial statements of Vista Gold, assuming nothing else is changed. The correlation between historical values of Vista Gold's Income Quality and Capex To Revenue 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 Quality of Vista Gold are associated (or correlated) with its Capex To Revenue. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Capex To Revenue has no effect on the direction of Income Quality i.e., Vista Gold's Income Quality and Capex To Revenue go up and down completely randomly.

Correlation Coefficient

-0.08

Relationship Direction	Negative
Relationship Strength	Insignificant

View All Relationships

Income Quality

An assessment of the sustainability of a company's earnings over time, considering factors like revenue source diversification and cost structure.

Capex To Revenue

The ratio of a company's capital expenditures to its total revenue, indicating how much of the revenue is used for acquiring or maintaining physical assets.

Most indicators from Vista Gold's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Vista Gold 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 Vista Gold. 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.

To learn how to invest in Vista Stock, please use our How to Invest in Vista Gold guide.At this time, Vista Gold's Selling General Administrative is very stable compared to the past year. As of the 16th of December 2024, Enterprise Value is likely to grow to about 56.3 M, while Issuance Of Capital Stock is likely to drop about 962.4 K.

	2021	2022	2023	2024 (projected)
Cost Of Revenue	49K	45K	40K	38K
Other Operating Expenses	11.9M	8.3M	6.7M	6.4M

Cost Of Revenue Other Operating Expenses

Vista Gold fundamental ratios Correlations

	Common Stock Shares Outstanding	Total Assets	Other Current Liab	Total Current Liabilities	Total Stockholder Equity	Property Plant And Equipment Net	Net Debt	Retained Earnings	Accounts Payable	Cash	Non Current Assets Total	Non Currrent Assets Other	Other Assets	Cash And Short Term Investments	Net Receivables	Short Term Investments	Non Current Liabilities Total	Inventory	Other Current Assets	Total Liab	Property Plant And Equipment Gross	Total Current Assets	Short Long Term Debt Total	Current Deferred Revenue	Short Term Debt	Common Stock Total Equity
Common Stock Shares Outstanding		-0.71	-0.22	-0.41	-0.77	-0.94	0.18	-0.95	-0.84	-0.15	-0.68	-0.29	-0.43	-0.18	-0.83	-0.13	-0.23	-0.83	-0.09	-0.47	-0.9	-0.38	-0.87	0.89	-0.83	0.89
Total Assets	-0.71		0.51	0.59	1.0	0.68	-0.65	0.76	0.62	0.65	0.92	0.25	0.28	0.5	0.39	0.34	0.69	0.39	0.32	0.94	0.65	0.6	0.81	-0.44	0.39	-0.55
Other Current Liab	-0.22	0.51		0.97	0.47	0.1	-0.59	0.21	0.49	0.57	0.16	0.3	0.12	0.95	-0.01	0.88	-0.05	-0.01	0.48	0.61	0.08	0.95	0.36	-0.02	-0.01	-0.13
Total Current Liabilities	-0.41	0.59	0.97		0.57	0.31	-0.6	0.41	0.68	0.58	0.26	0.27	0.15	0.9	0.22	0.82	-0.05	0.22	0.42	0.63	0.3	0.96	0.53	-0.24	0.22	-0.34
Total Stockholder Equity	-0.77	1.0	0.47	0.57		0.73	-0.61	0.8	0.66	0.6	0.92	0.27	0.32	0.47	0.45	0.32	0.66	0.45	0.28	0.9	0.7	0.58	0.83	-0.51	0.45	-0.61
Property Plant And Equipment Net	-0.94	0.68	0.1	0.31	0.73		-0.26	0.99	0.86	0.23	0.7	0.05	0.22	0.03	0.93	-0.05	0.29	0.93	-0.13	0.44	0.99	0.25	0.87	-0.94	0.93	-0.92
Net Debt	0.18	-0.65	-0.59	-0.6	-0.61	-0.26		-0.34	-0.39	-0.95	-0.53	0.23	0.0	-0.52	-0.1	-0.28	-0.45	-0.1	-0.11	-0.75	-0.29	-0.54	-0.39	0.1	-0.1	0.18
Retained Earnings	-0.95	0.76	0.21	0.41	0.8	0.99	-0.34		0.89	0.32	0.75	0.09	0.22	0.13	0.89	0.04	0.34	0.89	-0.02	0.54	0.98	0.35	0.92	-0.9	0.89	-0.93
Accounts Payable	-0.84	0.62	0.49	0.68	0.66	0.86	-0.39	0.89		0.37	0.47	0.07	0.17	0.38	0.86	0.31	0.0	0.86	0.07	0.45	0.86	0.59	0.86	-0.86	0.86	-0.86
Cash	-0.15	0.65	0.57	0.58	0.6	0.23	-0.95	0.32	0.37		0.55	-0.26	-0.13	0.47	0.07	0.22	0.52	0.07	0.31	0.78	0.26	0.49	0.47	-0.04	0.07	-0.22
Non Current Assets Total	-0.68	0.92	0.16	0.26	0.92	0.7	-0.53	0.75	0.47	0.55		0.09	0.23	0.13	0.42	-0.04	0.86	0.42	0.2	0.85	0.68	0.24	0.77	-0.45	0.42	-0.56
Non Currrent Assets Other	-0.29	0.25	0.3	0.27	0.27	0.05	0.23	0.09	0.07	-0.26	0.09		0.39	0.46	-0.11	0.58	-0.04	-0.11	0.25	0.16	-0.02	0.44	0.07	0.01	-0.11	-0.02
Other Assets	-0.43	0.28	0.12	0.15	0.32	0.22	0.0	0.22	0.17	-0.13	0.23	0.39		0.21	0.1	0.22	-0.02	0.1	0.21	0.13	0.16	0.24	0.21	-0.33	0.1	-0.1
Cash And Short Term Investments	-0.18	0.5	0.95	0.9	0.47	0.03	-0.52	0.13	0.38	0.47	0.13	0.46	0.21		-0.11	0.96	-0.06	-0.11	0.41	0.56	0.0	0.97	0.25	0.06	-0.11	-0.02
Net Receivables	-0.83	0.39	-0.01	0.22	0.45	0.93	-0.1	0.89	0.86	0.07	0.42	-0.11	0.1	-0.11		-0.15	-0.01	1.0	-0.26	0.14	0.94	0.12	0.75	-0.97	1.0	-0.91
Short Term Investments	-0.13	0.34	0.88	0.82	0.32	-0.05	-0.28	0.04	0.31	0.22	-0.04	0.58	0.22	0.96	-0.15		-0.23	-0.15	0.35	0.37	-0.09	0.92	0.12	0.09	-0.15	0.04
Non Current Liabilities Total	-0.23	0.69	-0.05	-0.05	0.66	0.29	-0.45	0.34	0.0	0.52	0.86	-0.04	-0.02	-0.06	-0.01	-0.23		-0.01	0.19	0.74	0.29	-0.05	0.41	0.01	-0.01	-0.14
Inventory	-0.83	0.39	-0.01	0.22	0.45	0.93	-0.1	0.89	0.86	0.07	0.42	-0.11	0.1	-0.11	1.0	-0.15	-0.01		-0.26	0.14	0.94	0.12	0.75	-0.97	1.0	-0.91
Other Current Assets	-0.09	0.32	0.48	0.42	0.28	-0.13	-0.11	-0.02	0.07	0.31	0.2	0.25	0.21	0.41	-0.26	0.35	0.19	-0.26		0.43	-0.17	0.39	0.34	0.19	-0.26	0.03
Total Liab	-0.47	0.94	0.61	0.63	0.9	0.44	-0.75	0.54	0.45	0.78	0.85	0.16	0.13	0.56	0.14	0.37	0.74	0.14	0.43		0.42	0.6	0.68	-0.17	0.14	-0.33
Property Plant And Equipment Gross	-0.9	0.65	0.08	0.3	0.7	0.99	-0.29	0.98	0.86	0.26	0.68	-0.02	0.16	0.0	0.94	-0.09	0.29	0.94	-0.17	0.42		0.22	0.86	-0.93	0.94	-0.92
Total Current Assets	-0.38	0.6	0.95	0.96	0.58	0.25	-0.54	0.35	0.59	0.49	0.24	0.44	0.24	0.97	0.12	0.92	-0.05	0.12	0.39	0.6	0.22		0.44	-0.17	0.12	-0.24
Short Long Term Debt Total	-0.87	0.81	0.36	0.53	0.83	0.87	-0.39	0.92	0.86	0.47	0.77	0.07	0.21	0.25	0.75	0.12	0.41	0.75	0.34	0.68	0.86	0.44		-0.76	0.75	-0.84
Current Deferred Revenue	0.89	-0.44	-0.02	-0.24	-0.51	-0.94	0.1	-0.9	-0.86	-0.04	-0.45	0.01	-0.33	0.06	-0.97	0.09	0.01	-0.97	0.19	-0.17	-0.93	-0.17	-0.76		-0.97	0.9
Short Term Debt	-0.83	0.39	-0.01	0.22	0.45	0.93	-0.1	0.89	0.86	0.07	0.42	-0.11	0.1	-0.11	1.0	-0.15	-0.01	1.0	-0.26	0.14	0.94	0.12	0.75	-0.97		-0.91
Common Stock Total Equity	0.89	-0.55	-0.13	-0.34	-0.61	-0.92	0.18	-0.93	-0.86	-0.22	-0.56	-0.02	-0.1	-0.02	-0.91	0.04	-0.14	-0.91	0.03	-0.33	-0.92	-0.24	-0.84	0.9	-0.91

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Vista Gold Account Relationship Matchups

Vista Gold fundamental ratios Accounts

	2019	2020	2021	2022	2023	2024 (projected)
Common Stock Shares Outstanding	100.5M	104.5M	110.3M	118.0M	120.5M	126.5M
Total Assets	16.7M	17.2M	16.3M	11.0M	8.9M	8.5M
Other Current Liab	880K	770K	1.2M	764K	749K	711.6K
Total Current Liabilities	1.1M	1.1M	1.8M	933K	939K	892.1K
Total Stockholder Equity	12.6M	15.9M	14.3M	10.0M	5.0M	4.7M
Property Plant And Equipment Net	7.9M	7.8M	2.4M	2.3M	2.4M	2.2M
Net Debt	(1.4M)	(7.7M)	(12.8M)	(8.1M)	(6.1M)	(6.4M)
Retained Earnings	(445.1M)	(444.7M)	(459.9M)	(464.8M)	(471.4M)	(447.8M)
Accounts Payable	195K	190K	356K	566K	169K	180.5K
Cash	1.4M	7.8M	12.8M	8.1M	6.1M	10.6M
Non Current Assets Total	7.9M	7.8M	2.4M	2.3M	2.4M	2.3M
Non Currrent Assets Other	10.0M	0.0	7.9M	69K	79.4K	75.4K
Cash And Short Term Investments	8.3M	8.5M	13.1M	8.1M	6.1M	5.8M
Short Term Investments	18.9M	12.5M	6.9M	693K	384K	0.0
Liabilities And Stockholders Equity	16.7M	17.2M	16.3M	11.0M	8.9M	8.5M
Non Current Liabilities Total	3.0M	253K	261K	24K	3.0M	5.2M
Other Current Assets	482K	952K	811K	537K	446K	423.7K
Total Liab	4.0M	1.4M	2.0M	957K	4.0M	3.8M
Property Plant And Equipment Gross	7.9M	7.8M	7.9M	7.8M	7.9M	7.5M
Total Current Assets	8.8M	9.4M	14.0M	8.6M	6.5M	6.2M
Common Stock Total Equity	456.1M	456.9M	457.7M	460.5M	529.6M	402.0M
Common Stock	457.7M	460.5M	474.2M	474.8M	476.4M	426.1M
Net Tangible Assets	12.6M	15.9M	14.3M	10.0M	9.0M	17.4M
Property Plant Equipment	7.9M	7.8M	2.4M	2.3M	2.1M	2.0M
Net Invested Capital	12.6M	15.9M	14.3M	10.0M	5.0M	4.7M
Net Working Capital	7.8M	8.3M	12.2M	7.7M	5.6M	8.4M
Capital Stock	457.7M	460.5M	474.2M	474.8M	476.4M	513.4M

Pair Trading with Vista Gold

One of the main advantages of trading using pair correlations is that every trade hedges away some risk. Because there are two separate transactions required, even if Vista Gold position performs unexpectedly, the other equity can make up some of the losses. Pair trading also minimizes risk from directional movements in the market. For example, if an entire industry or sector drops because of unexpected headlines, the short position in Vista Gold will appreciate offsetting losses from the drop in the long position's value.

Moving together with Vista Stock

0.82

ORE

Orezone Gold Corp

Pair Corr

Moving against Vista Stock

0.78	FFH	Fairfax Financial	Pair Corr
0.76	WCN	Waste Connections	Pair Corr
0.7	FSV	FirstService Corp	Pair Corr
0.56	BYD	Boyd Group Services	Pair Corr
0.55	CSU	Constellation Software	Pair Corr

The ability to find closely correlated positions to Vista Gold could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Vista Gold when you sell it. If you don't do this, your portfolio allocation will be skewed against your target asset allocation. So, investors can't just sell and buy back Vista Gold - that would be a violation of the tax code under the "wash sale" rule, and this is why you need to find a similar enough asset and use the proceeds from selling Vista Gold to buy it.

The correlation of Vista Gold is a statistical measure of how it moves in relation to other instruments. This measure is expressed in what is known as the correlation coefficient, which ranges between -1 and +1. A perfect positive correlation (i.e., a correlation coefficient of +1) implies that as Vista Gold moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Vista Gold moves in either direction, the perfectly negatively correlated security will move in the opposite direction. If the correlation is 0, the equities are not correlated; they are entirely random. A correlation greater than 0.8 is generally described as strong, whereas a correlation less than 0.5 is generally considered weak.

Correlation analysis and pair trading evaluation for Vista Gold can also be used as hedging techniques within a particular sector or industry or even over random equities to generate a better risk-adjusted return on your portfolios.

Pair Correlation Correlation Matching

When determining whether Vista Gold offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of Vista Gold's financial statements, including income statements, balance sheets, and cash flow statements, to assess its financial health. Key financial ratios are used to gauge profitability, efficiency, and growth potential of Vista Gold Stock. Outlined below are crucial reports that will aid in making a well-informed decision on Vista Gold Stock:

How To Invest In Vista

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Is Vista Stock a good investment?

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What is Vista Gold's Net Worth?

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Check out World Market Map to better understand how to build diversified portfolios, which includes a position in Vista Gold. 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.

To learn how to invest in Vista Stock, please use our How to Invest in Vista Gold guide.

You can also try the Equity Analysis module to research over 250,000 global equities including funds, stocks and ETFs to find investment opportunities.

Please note, there is a significant difference between Vista Gold's value and its price as these two are different measures arrived at by different means. Investors typically determine if Vista Gold is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Vista Gold'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.

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Vista Income Quality vs Capex To Revenue Analysis

Income Quality vs Capex To Revenue

Income Quality vs Capex To Revenue Correlation Analysis

Correlation Coefficient

Income Quality

Capex To Revenue

Vista Gold fundamental ratios Correlations

Vista Gold Account Relationship Matchups

High Positive Relationship

High Negative Relationship

Vista Gold fundamental ratios Accounts

Pair Trading with Vista Gold

Moving together with Vista Stock

Moving against Vista Stock

COMMON DESTINATIONS

MAIN CATEGORIES

COMPANY

Total Stockholder Equity	+ 1.0	Total Assets
Inventory	+ 1.0	Net Receivables
Short Term Debt	+ 1.0	Net Receivables
Short Term Debt	+ 1.0	Inventory
Retained Earnings	+ 0.99	Property Plant And Equipment Net
Property Plant And Equipment Gross	+ 0.99	Property Plant And Equipment Net

Short Term Debt	- 0.97	Current Deferred Revenue
Current Deferred Revenue	- 0.97	Inventory
Current Deferred Revenue	- 0.97	Net Receivables
Cash	- 0.95	Net Debt
Retained Earnings	- 0.95	Common Stock Shares Outstanding
Current Deferred Revenue	- 0.94	Property Plant And Equipment Net