Vaalco Net Receivables vs Property Plant And Equipment Gross Analysis

EGY Stock  USD 4.28  0.05  1.15%   
Vaalco Energy financial indicator trend analysis is much more than just breaking down Vaalco Energy prevalent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Vaalco Energy is a good investment. Please check the relationship between Vaalco Energy Net Receivables and its Property Plant And Equipment Gross accounts. Check out Investing Opportunities to better understand how to build diversified portfolios, which includes a position in Vaalco 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 price.
For more information on how to buy Vaalco Stock please use our How to Invest in Vaalco Energy guide.

Net Receivables vs Property Plant And Equipment Gross

Net Receivables vs Property Plant And Equipment Gross Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Vaalco Energy Net Receivables account and Property Plant And Equipment Gross. At this time, the significance of the direction appears to have strong relationship.
The correlation between Vaalco Energy's Net Receivables and Property Plant And Equipment Gross is 0.69. Overlapping area represents the amount of variation of Net Receivables that can explain the historical movement of Property Plant And Equipment Gross in the same time period over historical financial statements of Vaalco Energy, assuming nothing else is changed. The correlation between historical values of Vaalco Energy's Net Receivables and Property Plant And Equipment Gross is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Net Receivables of Vaalco Energy are associated (or correlated) with its Property Plant And Equipment Gross. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Property Plant And Equipment Gross has no effect on the direction of Net Receivables i.e., Vaalco Energy's Net Receivables and Property Plant And Equipment Gross go up and down completely randomly.

Correlation Coefficient

0.69
Relationship DirectionPositive 
Relationship StrengthSignificant

Net Receivables

Property Plant And Equipment Gross

Most indicators from Vaalco Energy's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Vaalco 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 Investing Opportunities to better understand how to build diversified portfolios, which includes a position in Vaalco 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 price.
For more information on how to buy Vaalco Stock please use our How to Invest in Vaalco Energy guide.At this time, Vaalco Energy's Selling General Administrative is fairly stable compared to the past year. Tax Provision is likely to rise to about 62.1 M in 2024, whereas Discontinued Operations is likely to drop (86.9 K) in 2024.
 2021 2022 2023 2024 (projected)
Gross Profit96.8M184.7M186.6M195.9M
Total Revenue199.1M354.3M455.1M477.8M

Vaalco Energy fundamental ratios Correlations

0.940.860.890.970.990.130.650.360.50.990.330.50.860.790.950.220.920.120.950.90.62-0.010.890.920.87
0.940.830.890.860.960.360.420.160.290.960.240.290.750.750.970.240.920.170.960.740.53-0.170.860.90.88
0.860.830.880.780.860.350.370.250.170.890.540.170.840.680.880.30.890.310.890.670.42-0.270.840.840.7
0.890.890.880.780.910.460.320.340.140.930.450.140.840.720.940.350.920.170.970.660.57-0.160.890.890.74
0.970.860.780.780.94-0.080.80.40.660.940.280.660.820.760.860.120.830.060.850.960.60.120.830.850.83
0.990.960.860.910.940.230.570.310.411.00.30.410.830.760.980.250.940.130.970.850.62-0.050.880.910.87
0.130.360.350.46-0.080.23-0.59-0.18-0.780.270.3-0.780.18-0.030.40.410.430.170.42-0.30.03-0.510.170.180.11
0.650.420.370.320.80.57-0.590.460.880.550.180.880.550.480.39-0.150.39-0.160.380.870.430.440.470.470.48
0.360.160.250.340.40.31-0.180.460.310.30.240.310.520.160.230.060.380.220.270.490.250.360.320.240.0
0.50.290.170.140.660.41-0.780.880.310.37-0.141.00.340.540.25-0.220.16-0.110.230.810.420.410.40.420.5
0.990.960.890.930.941.00.270.550.30.370.360.370.850.760.980.260.950.130.980.830.6-0.090.890.920.86
0.330.240.540.450.280.30.30.180.24-0.140.36-0.140.510.20.30.480.41-0.030.360.180.15-0.370.390.310.03
0.50.290.170.140.660.41-0.780.880.311.00.37-0.140.340.540.25-0.220.16-0.110.230.810.420.410.40.420.5
0.860.750.840.840.820.830.180.550.520.340.850.510.340.690.810.140.790.220.840.770.56-0.030.810.810.69
0.790.750.680.720.760.76-0.030.480.160.540.760.20.540.690.740.190.60.350.760.760.45-0.050.930.950.85
0.950.970.880.940.860.980.40.390.230.250.980.30.250.810.740.310.950.190.990.740.6-0.190.870.910.87
0.220.240.30.350.120.250.41-0.150.06-0.220.260.48-0.220.140.190.310.380.010.330.050.36-0.290.350.30.08
0.920.920.890.920.830.940.430.390.380.160.950.410.160.790.60.950.380.210.950.70.51-0.150.820.820.7
0.120.170.310.170.060.130.17-0.160.22-0.110.13-0.03-0.110.220.350.190.010.210.190.07-0.41-0.070.350.320.15
0.950.960.890.970.850.970.420.380.270.230.980.360.230.840.760.990.330.950.190.730.6-0.180.90.920.84
0.90.740.670.660.960.85-0.30.870.490.810.830.180.810.770.760.740.050.70.070.730.60.230.790.80.77
0.620.530.420.570.60.620.030.430.250.420.60.150.420.560.450.60.360.51-0.410.60.6-0.010.490.540.61
-0.01-0.17-0.27-0.160.12-0.05-0.510.440.360.41-0.09-0.370.41-0.03-0.05-0.19-0.29-0.15-0.07-0.180.23-0.01-0.09-0.11-0.09
0.890.860.840.890.830.880.170.470.320.40.890.390.40.810.930.870.350.820.350.90.790.49-0.090.990.8
0.920.90.840.890.850.910.180.470.240.420.920.310.420.810.950.910.30.820.320.920.80.54-0.110.990.88
0.870.880.70.740.830.870.110.480.00.50.860.030.50.690.850.870.080.70.150.840.770.61-0.090.80.88
Click cells to compare fundamentals

Vaalco Energy Account Relationship Matchups

Vaalco Energy fundamental ratios Accounts

201920202021202220232024 (projected)
Total Assets211.5M141.2M263.1M855.6M823.2M864.4M
Other Current Liab350K9.2M43.0M82.0M61.1M64.2M
Total Current Liabilities63.8M52.6M84.3M162.1M127.5M133.8M
Total Stockholder Equity109.7M61.5M144.3M466.1M478.8M502.7M
Property Plant And Equipment Net101.6M59.6M104.6M588.7M552.1M579.7M
Net Debt(12.6M)(25.3M)(38.4M)51.9M(30.2M)(31.7M)
Retained Earnings70.8M22.7M104.5M147.0M177.5M186.4M
Accounts Payable15.9M16.7M18.8M59.9M22.2M20.5M
Cash45.9M47.9M48.7M37.2M121.0M127.1M
Non Current Assets Total141.8M77.3M174.8M655.5M595.1M624.8M
Non Currrent Assets Other16.0M12.5M30.3M31.4M13.7M9.3M
Cash And Short Term Investments45.9M47.9M48.7M37.2M121.0M127.1M
Net Receivables18.6M7.9M32.8M52.1M44.9M47.1M
Common Stock Shares Outstanding59.1M57.6M58.8M70.0M106.6M111.9M
Liabilities And Stockholders Equity211.5M141.2M263.1M855.6M823.2M864.4M
Non Current Liabilities Total38.1M27.2M34.5M227.4M217.0M227.8M
Inventory1.1M3.9M1.6M3.3M1.9M1.4M
Other Current Assets3.3M4.3M5.2M107.4M60.3M63.3M
Other Stockholder Equity32.1M32.0M32.9M306.0M286.3M300.6M
Total Liab101.8M79.8M118.8M389.5M344.4M361.7M
Total Current Assets69.8M64.0M88.3M200.1M228.1M239.5M
Short Term Debt12.0M25.8M19.3M20.3M25.0M26.2M
Common Stock6.8M6.8M7.0M11.9M12.1M12.7M
Common Stock Total Equity6.8M6.8M7.0M11.9M13.7M14.4M
Property Plant And Equipment Gross101.6M59.6M104.6M495.3M1.7B1.7B
Accumulated Other Comprehensive Income(390.6M)(396.7M)0.01.2M2.9M3.0M
Other Liab15.4M16.7M17.5M33.9M39.0M41.0M
Other Assets40.1M77.3M70.3M59.6M68.6M72.0M
Treasury Stock(41.4M)(42.4M)(43.8M)(47.7M)(42.9M)(40.7M)
Property Plant Equipment68.3M37.0M94.3M495.3M569.6M598.0M
Net Tangible Assets109.7M61.5M144.3M466.1M536.0M562.8M
Retained Earnings Total Equity70.8M22.7M104.5M147.0M132.3M71.1M
Capital Surpluse73.5M74.4M76.7M353.6M406.6M427.0M
Long Term Investments2.2M3.7M4.3M5.5M5.0M3.9M
Non Current Liabilities Other38.1M27.2M34.5M146.2M17.7M34.6M

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