Vitesse Capital Lease Obligations vs Current Deferred Revenue Analysis
VTS Stock | 27.13 0.33 1.20% |
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 Capital Lease Obligations and its Current Deferred Revenue 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.
Capital Lease Obligations vs Current Deferred Revenue
Capital Lease Obligations vs Current Deferred Revenue Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Vitesse Energy Capital Lease Obligations account and Current Deferred Revenue. At this time, the significance of the direction appears to have fragmental relationship.
The correlation between Vitesse Energy's Capital Lease Obligations and Current Deferred Revenue is 0.56. Overlapping area represents the amount of variation of Capital Lease Obligations that can explain the historical movement of Current Deferred Revenue 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 Capital Lease Obligations and Current Deferred 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 Capital Lease Obligations of Vitesse Energy are associated (or correlated) with its Current Deferred Revenue. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Current Deferred Revenue has no effect on the direction of Capital Lease Obligations i.e., Vitesse Energy's Capital Lease Obligations and Current Deferred Revenue go up and down completely randomly.
Correlation Coefficient | 0.56 |
Relationship Direction | Positive |
Relationship Strength | Weak |
Capital Lease Obligations
Vitesse Energy capital lease obligations are the amount due for long-term lease agreements that are nearly equivalent to Vitesse Energy asset purchases. For example, Vitesse Energy can use a capital lease to finance the purchase of an asset without ever buying it. A capital lease gives companies such as Vitesse Energy control over an asset for a big portion of its life. The total obligations of a company under capital leases, which are lease agreements that transfer substantially all risks and rewards of ownership to the lessee.Current Deferred Revenue
Revenue that has been collected but not yet earned, typically from prepaid service contracts or subscriptions. This amount is considered a liability until the service is provided or the subscription period ends.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 65 M in 2024, whereas Enterprise Value is likely to drop slightly above 478 M in 2024.
2021 | 2022 | 2023 | 2024 (projected) | Depreciation And Amortization | 60.8M | 63.7M | 81.7M | 72.5M | Interest Income | 35.8M | 35.0M | 40.2M | 26.6M |
Vitesse Energy fundamental ratios Correlations
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Vitesse Energy Account Relationship Matchups
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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.