VVC Reconciled Depreciation vs Operating Income 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 Reconciled Depreciation and its Operating Income 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.

Reconciled Depreciation vs Operating Income

Reconciled Depreciation vs Operating Income Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of VVC Exploration Corp Reconciled Depreciation account and Operating Income. At this time, the significance of the direction appears to have no relationship.
The correlation between VVC Exploration's Reconciled Depreciation and Operating Income is 0.01. Overlapping area represents the amount of variation of Reconciled Depreciation that can explain the historical movement of Operating Income 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 Reconciled Depreciation and Operating Income is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Reconciled Depreciation of VVC Exploration Corp are associated (or correlated) with its Operating Income. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Operating Income has no effect on the direction of Reconciled Depreciation i.e., VVC Exploration's Reconciled Depreciation and Operating Income go up and down completely randomly.

Correlation Coefficient

0.01
Relationship DirectionPositive 
Relationship StrengthInsignificant

Reconciled Depreciation

Operating Income

Operating Income is the amount of profit realized from VVC Exploration Corp operations after accounting for operating expenses such as cost of goods sold (COGS), wages and depreciation. Operating income takes the gross income and subtracts other operating expenses and then removes depreciation. Operating Income of VVC Exploration Corp is typically a synonym for earnings before interest and taxes (EBIT) and is also commonly referred to as operating profit or recurring profit. Earnings before interest and taxes (EBIT), representing the amount of profit a company generates from its operations.
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

0.70.780.680.790.52-0.25-0.54-0.230.650.980.6-0.180.680.380.670.630.58-0.92-0.230.64-0.26-0.160.580.51-0.46
0.70.530.780.290.540.22-0.680.020.350.730.64-0.280.730.540.80.30.91-0.72-0.240.64-0.34-0.220.530.6-0.62
0.780.530.770.430.26-0.57-0.60.080.860.660.8-0.060.790.560.760.850.47-0.740.020.790.120.00.350.66-0.62
0.680.780.770.090.48-0.28-0.850.380.710.590.92-0.20.910.761.00.680.82-0.67-0.190.8-0.2-0.220.440.83-0.91
0.790.290.430.090.32-0.13-0.02-0.630.30.830.05-0.060.16-0.130.080.30.11-0.69-0.140.19-0.17-0.030.420.00.12
0.520.540.260.480.320.09-0.36-0.180.20.550.4-0.180.330.170.460.170.59-0.56-0.270.23-0.15-0.380.490.23-0.47
-0.250.22-0.57-0.28-0.130.090.31-0.23-0.83-0.06-0.520.04-0.38-0.33-0.26-0.850.220.220.09-0.35-0.250.09-0.14-0.330.33
-0.54-0.68-0.6-0.85-0.02-0.360.31-0.56-0.68-0.46-0.880.5-0.95-0.94-0.87-0.6-0.70.460.6-0.870.430.52-0.53-0.90.75
-0.230.020.080.38-0.63-0.18-0.23-0.560.24-0.320.41-0.30.450.680.40.190.110.29-0.30.43-0.25-0.220.010.53-0.39
0.650.350.860.710.30.2-0.83-0.680.240.480.86-0.170.780.630.70.990.3-0.61-0.210.70.05-0.20.410.67-0.66
0.980.730.660.590.830.55-0.06-0.46-0.320.480.47-0.20.590.280.580.450.6-0.89-0.240.56-0.34-0.160.580.42-0.35
0.60.640.80.920.050.4-0.52-0.880.410.860.47-0.210.930.830.920.830.68-0.6-0.240.82-0.03-0.250.420.85-0.87
-0.18-0.28-0.06-0.2-0.06-0.180.040.5-0.3-0.17-0.2-0.21-0.31-0.42-0.22-0.02-0.210.070.8-0.340.690.55-0.44-0.290.12
0.680.730.790.910.160.33-0.38-0.950.450.780.590.93-0.310.90.920.730.71-0.62-0.390.94-0.26-0.330.510.9-0.76
0.380.540.560.76-0.130.17-0.33-0.940.680.630.280.83-0.420.90.780.570.61-0.24-0.480.89-0.29-0.350.280.94-0.64
0.670.80.761.00.080.46-0.26-0.870.40.70.580.92-0.220.920.780.660.82-0.66-0.210.81-0.22-0.220.440.84-0.9
0.630.30.850.680.30.17-0.85-0.60.190.990.450.83-0.020.730.570.660.26-0.6-0.090.650.17-0.110.340.63-0.64
0.580.910.470.820.110.590.22-0.70.110.30.60.68-0.210.710.610.820.26-0.55-0.190.61-0.26-0.220.280.72-0.71
-0.92-0.72-0.74-0.67-0.69-0.560.220.460.29-0.61-0.89-0.60.07-0.62-0.24-0.66-0.6-0.550.12-0.530.140.16-0.72-0.330.52
-0.23-0.240.02-0.19-0.14-0.270.090.6-0.3-0.21-0.24-0.240.8-0.39-0.48-0.21-0.09-0.190.12-0.350.760.83-0.6-0.330.13
0.640.640.790.80.190.23-0.35-0.870.430.70.560.82-0.340.940.890.810.650.61-0.53-0.35-0.24-0.160.440.86-0.55
-0.26-0.340.12-0.2-0.17-0.15-0.250.43-0.250.05-0.34-0.030.69-0.26-0.29-0.220.17-0.260.140.76-0.240.49-0.48-0.220.05
-0.16-0.220.0-0.22-0.03-0.380.090.52-0.22-0.2-0.16-0.250.55-0.33-0.35-0.22-0.11-0.220.160.83-0.160.49-0.54-0.250.34
0.580.530.350.440.420.49-0.14-0.530.010.410.580.42-0.440.510.280.440.340.28-0.72-0.60.44-0.48-0.540.15-0.32
0.510.60.660.830.00.23-0.33-0.90.530.670.420.85-0.290.90.940.840.630.72-0.33-0.330.86-0.22-0.250.15-0.71
-0.46-0.62-0.62-0.910.12-0.470.330.75-0.39-0.66-0.35-0.870.12-0.76-0.64-0.9-0.64-0.710.520.13-0.550.050.34-0.32-0.71
Click cells to compare fundamentals

VVC Exploration Account Relationship Matchups

VVC Exploration fundamental ratios Accounts

201920202021202220232024 (projected)
Total Assets6.3M3.3M4.0M1.8M18.6M19.5M
Short Long Term Debt Total654.1K321.1K233.5K2.1M1.9M2.4M
Total Current Liabilities1.8M2.7M7.6M8.5M8.9M9.4M
Total Stockholder Equity4.3M186.1K(4.0M)(7.2M)9.4M9.8M
Net Debt482.7K(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 Payable567.6K811.9K1.8M1.3M212.5K201.9K
Cash171.3K3.0M3.6M49.9K3.3M3.4M
Non Current Assets Total4.9M6.1M288.3K1.8M15.2M16.0M
Cash And Short Term Investments171.3K3.0M3.6M3.3M3.8M3.9M
Net Receivables24.1K211.4K32.7K85.2K76.7K139.8K
Common Stock Shares Outstanding319.4M511.0M555.0M572.7M658.6M691.5M
Liabilities And Stockholders Equity6.3M3.3M4.0M18.6M16.7M17.6M
Other Stockholder Equity9.9M13.2M13.7M14.7M13.2M10.0M
Total Liab2.1M3.1M7.9M9.1M9.2M9.7M
Total Current Assets206.8K3.3M3.7M72.8K3.4M3.5M
Short Term Debt321.1K195.3K233.5K2.1M1.9M1.3M
Non Current Liabilities Total332.9K327.3K318.8K565.2K281.8K267.7K
Other Current Assets36.2K695.010.9K5.7K5.2K4.9K
Common Stock33.5M41.1M44.9M47.3M54.4M35.1M
Net Tangible Assets3.6M4.3M186.1K(4.0M)(3.6M)(3.4M)
Long Term Investments1.2M495.3K0.023.5K13.6M14.2M
Short Long Term Debt321.1K195.3K233.5K2.1M2.1M2.2M
Current Deferred Revenue23.7K354.6K4.1M4.6M5.3M5.5M
Other Assets2.0M4.2M5.9M(288.3K)(331.5K)(315.0K)
Long Term Debt310.5K391.9K332.9K125.8K113.2K107.5K
Net Invested Capital4.9M507.2K(3.7M)(5.2M)11.5M12.1M
Net Working Capital(1.5M)513.5K(3.9M)(8.4M)(5.6M)(5.3M)
Capital Stock33.5M41.1M44.9M47.3M54.4M45.1M

Thematic Opportunities

Explore Investment Opportunities

Build portfolios using Macroaxis predefined set of investing ideas. Many of Macroaxis investing ideas can easily outperform a given market. Ideas can also be optimized per your risk profile before portfolio origination is invoked. Macroaxis thematic optimization helps investors identify companies most likely to benefit from changes or shifts in various micro-economic or local macro-level trends. Originating optimal thematic portfolios involves aligning investors' personal views, ideas, and beliefs with their actual investments.
Explore Investing Ideas  

Additional Tools for VVC Stock Analysis

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.