Valero Total Other Income Expense Net vs Discontinued Operations Analysis

VLO Stock  USD 125.07  4.07  3.15%   
Valero Energy financial indicator trend analysis is much more than just breaking down Valero Energy prevalent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Valero Energy is a good investment. Please check the relationship between Valero Energy Total Other Income Expense Net and its Discontinued Operations accounts. Check out World Market Map to better understand how to build diversified portfolios, which includes a position in Valero 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 bureau of economic analysis.
To learn how to invest in Valero Stock, please use our How to Invest in Valero Energy guide.

Total Other Income Expense Net vs Discontinued Operations

Total Other Income Expense Net vs Discontinued Operations Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Valero Energy Total Other Income Expense Net account and Discontinued Operations. At this time, the significance of the direction appears to have weak contrarian relationship.
The correlation between Valero Energy's Total Other Income Expense Net and Discontinued Operations is -0.16. Overlapping area represents the amount of variation of Total Other Income Expense Net that can explain the historical movement of Discontinued Operations in the same time period over historical financial statements of Valero Energy, assuming nothing else is changed. The correlation between historical values of Valero Energy's Total Other Income Expense Net and Discontinued Operations is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Total Other Income Expense Net of Valero Energy are associated (or correlated) with its Discontinued Operations. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Discontinued Operations has no effect on the direction of Total Other Income Expense Net i.e., Valero Energy's Total Other Income Expense Net and Discontinued Operations go up and down completely randomly.

Correlation Coefficient

-0.16
Relationship DirectionNegative 
Relationship StrengthInsignificant

Total Other Income Expense Net

Discontinued Operations

Most indicators from Valero Energy's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Valero 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 Valero 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 bureau of economic analysis.
To learn how to invest in Valero Stock, please use our How to Invest in Valero Energy guide.At this time, Valero Energy's Tax Provision is very stable compared to the past year. As of the 16th of December 2024, Enterprise Value Over EBITDA is likely to grow to 6.69, while Selling General Administrative is likely to drop about 642.4 M.
 2021 2022 2023 2024 (projected)
Total Revenue114.0B176.4B144.8B152.0B
Depreciation And Amortization2.4B2.5B2.7B2.8B

Valero Energy fundamental ratios Correlations

0.830.620.890.950.740.220.90.740.980.210.740.870.470.70.960.28-0.70.970.970.650.870.880.830.840.53
0.830.650.710.670.640.350.790.540.870.170.540.690.120.740.710.08-0.760.890.740.740.680.920.590.590.62
0.620.650.710.490.32-0.180.710.450.580.20.450.69-0.20.310.480.28-0.790.650.650.810.680.760.240.250.41
0.890.710.710.780.580.010.760.560.820.340.560.980.360.490.810.24-0.630.910.940.80.990.840.660.660.22
0.950.670.490.780.680.260.90.790.920.20.790.780.520.590.980.27-0.650.860.930.480.770.750.840.840.51
0.740.640.320.580.680.130.510.440.81-0.120.440.50.590.960.750.46-0.280.770.610.260.560.550.920.920.62
0.220.35-0.180.010.260.130.26-0.090.270.26-0.090.090.130.20.3-0.6-0.210.180.120.140.010.160.240.240.15
0.90.790.710.760.90.510.260.780.860.210.780.790.10.490.840.16-0.920.820.90.660.740.870.590.60.61
0.740.540.450.560.790.44-0.090.780.690.041.00.540.20.430.680.42-0.650.640.770.320.530.660.550.560.54
0.980.870.580.820.920.810.270.860.690.150.690.80.490.790.960.3-0.650.970.910.60.80.860.860.860.61
0.210.170.20.340.2-0.120.260.210.040.150.040.380.07-0.170.23-0.49-0.210.20.280.540.30.320.060.06-0.35
0.740.540.450.560.790.44-0.090.781.00.690.040.540.20.430.680.42-0.650.640.770.320.530.660.550.560.54
0.870.690.690.980.780.50.090.790.540.80.380.540.320.410.80.12-0.680.880.940.820.980.830.620.620.2
0.470.12-0.20.360.520.590.130.10.20.490.070.20.320.460.60.210.280.440.4-0.050.360.120.770.770.01
0.70.740.310.490.590.960.20.490.430.79-0.170.430.410.460.660.41-0.320.750.530.270.460.590.830.830.71
0.960.710.480.810.980.750.30.840.680.960.230.680.80.60.660.25-0.580.90.920.520.80.750.890.890.48
0.280.080.280.240.270.46-0.60.160.420.3-0.490.420.120.210.410.25-0.030.280.25-0.180.240.080.320.320.38
-0.7-0.76-0.79-0.63-0.65-0.28-0.21-0.92-0.65-0.65-0.21-0.65-0.680.28-0.32-0.58-0.03-0.65-0.73-0.73-0.61-0.83-0.29-0.29-0.57
0.970.890.650.910.860.770.180.820.640.970.20.640.880.440.750.90.28-0.650.920.710.890.90.810.810.51
0.970.740.650.940.930.610.120.90.770.910.280.770.940.40.530.920.25-0.730.920.690.930.860.750.750.4
0.650.740.810.80.480.260.140.660.320.60.540.320.82-0.050.270.52-0.18-0.730.710.690.760.860.290.290.11
0.870.680.680.990.770.560.010.740.530.80.30.530.980.360.460.80.24-0.610.890.930.760.790.650.650.22
0.880.920.760.840.750.550.160.870.660.860.320.660.830.120.590.750.08-0.830.90.860.860.790.570.570.47
0.830.590.240.660.840.920.240.590.550.860.060.550.620.770.830.890.32-0.290.810.750.290.650.571.00.51
0.840.590.250.660.840.920.240.60.560.860.060.560.620.770.830.890.32-0.290.810.750.290.650.571.00.51
0.530.620.410.220.510.620.150.610.540.61-0.350.540.20.010.710.480.38-0.570.510.40.110.220.470.510.51
Click cells to compare fundamentals

Valero Energy Account Relationship Matchups

Valero Energy fundamental ratios Accounts

201920202021202220232024 (projected)
Total Assets53.9B51.8B57.9B61.0B63.1B66.2B
Short Long Term Debt Total11.0B15.8B14.2B11.9B12.6B13.3B
Other Current Liab2.1B709M2.7B3.2B2.3B2.4B
Total Current Liabilities13.2B9.3B16.9B17.5B16.8B17.6B
Total Stockholder Equity21.8B18.8B18.4B23.6B26.3B27.7B
Property Plant And Equipment Net30.6B31.6B32.1B32.1B31.3B15.7B
Net Debt8.4B12.5B(2.2B)(1.3B)7.2B7.6B
Retained Earnings32.0B29.0B28.3B38.2B45.6B47.9B
Cash2.6B3.3B4.1B4.9B5.4B5.7B
Non Current Assets Total34.9B35.9B36.7B36.8B36.8B38.7B
Non Currrent Assets Other514M565M941M(1.6B)4.3B4.6B
Cash And Short Term Investments2.6B3.3B4.1B4.9B5.4B5.7B
Net Receivables8.9B6.1B10.4B11.9B12.5B13.2B
Common Stock Shares Outstanding428M413M407M396M353M402.5M
Liabilities And Stockholders Equity53.9B51.8B57.9B61.0B63.1B66.2B
Non Current Liabilities Total18.2B22.8B21.2B18.1B17.7B9.4B
Inventory7.0B6.0B6.3B6.8B7.6B8.0B
Other Current Assets12.0B384M14.9B17.4B689M654.6M
Other Stockholder Equity(8.8B)(8.9B)(8.9B)(13.3B)(18.4B)(17.5B)
Total Liab31.3B32.1B38.1B35.5B34.5B36.3B
Total Current Assets19.0B15.8B21.2B24.1B26.2B27.5B
Short Term Debt825M1.0B1.6B1.4B1.8B1.9B
Accounts Payable10.2B6.1B12.5B12.7B12.6B13.2B
Property Plant And Equipment Gross29.3B47.0B50.4B51.7B52.8B55.4B
Accumulated Other Comprehensive Income(1.4B)(1.3B)(1.0B)(1.4B)(870M)(826.5M)
Other Liab8.0B8.0B7.7B6.8B7.8B4.1B
Other Assets2.8B2.9B3.4B3.7B4.3B4.5B
Long Term Debt9.2B14.0B10.8B8.4B8.0B7.5B
Treasury Stock(15.6B)(15.7B)(15.7B)(20.2B)(18.2B)(17.3B)
Property Plant Equipment29.3B31.6B32.1B32.1B36.9B24.1B
Current Deferred Revenue55M56M78M129M40M38M
Intangible Assets283M248M218M202M183M173.9M
Net Tangible Assets21.8B18.8B17.5B23.6B27.1B21.1B
Noncontrolling Interest In Consolidated Entity733M841M1.4B1.9B2.2B2.3B
Retained Earnings Total Equity32.0B29.0B28.3B38.2B44.0B26.6B

Pair Trading with Valero Energy

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 Valero Energy 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 Valero Energy will appreciate offsetting losses from the drop in the long position's value.

Moving together with Valero Stock

  0.65DK Delek Energy Downward RallyPairCorr
The ability to find closely correlated positions to Valero Energy could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Valero Energy 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 Valero Energy - 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 Valero Energy to buy it.
The correlation of Valero Energy 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 Valero Energy moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Valero Energy 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 Valero Energy 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 CorrelationCorrelation Matching
When determining whether Valero Energy offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of Valero Energy'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 Valero Energy Stock. Outlined below are crucial reports that will aid in making a well-informed decision on Valero Energy Stock:
Check out World Market Map to better understand how to build diversified portfolios, which includes a position in Valero 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 bureau of economic analysis.
To learn how to invest in Valero Stock, please use our How to Invest in Valero Energy guide.
You can also try the Balance Of Power module to check stock momentum by analyzing Balance Of Power indicator and other technical ratios.
Is Oil & Gas Refining & Marketing 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 Valero Energy. If investors know Valero 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 Valero Energy listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Quarterly Earnings Growth
(0.85)
Dividend Share
4.23
Earnings Share
11.36
Revenue Per Share
393.974
Quarterly Revenue Growth
(0.15)
The market value of Valero Energy is measured differently than its book value, which is the value of Valero that is recorded on the company's balance sheet. Investors also form their own opinion of Valero Energy's value that differs from its market value or its book value, called intrinsic value, which is Valero Energy'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 Valero Energy's market value can be influenced by many factors that don't directly affect Valero Energy'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 Valero Energy's value and its price as these two are different measures arrived at by different means. Investors typically determine if Valero Energy is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Valero Energy'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.