MVO Property Plant And Equipment Net vs Accounts Payable Analysis
MVO Stock | USD 7.93 0.13 1.61% |
MV Oil financial indicator trend analysis is infinitely more than just investigating MV Oil Trust recent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether MV Oil Trust is a good investment. Please check the relationship between MV Oil Property Plant And Equipment Net and its Accounts Payable accounts. Check out Correlation Analysis to better understand how to build diversified portfolios, which includes a position in MV Oil Trust. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in real.
Property Plant And Equipment Net vs Accounts Payable
Property Plant And Equipment Net vs Accounts Payable Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of MV Oil Trust Property Plant And Equipment Net account and Accounts Payable. At this time, the significance of the direction appears to have significant contrarian relationship.
The correlation between MV Oil's Property Plant And Equipment Net and Accounts Payable is -0.45. Overlapping area represents the amount of variation of Property Plant And Equipment Net that can explain the historical movement of Accounts Payable in the same time period over historical financial statements of MV Oil Trust, assuming nothing else is changed. The correlation between historical values of MV Oil's Property Plant And Equipment Net and Accounts Payable is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Property Plant And Equipment Net of MV Oil Trust are associated (or correlated) with its Accounts Payable. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Accounts Payable has no effect on the direction of Property Plant And Equipment Net i.e., MV Oil's Property Plant And Equipment Net and Accounts Payable go up and down completely randomly.
Correlation Coefficient | -0.45 |
Relationship Direction | Negative |
Relationship Strength | Very Weak |
Property Plant And Equipment Net
The total value of a company's physical assets (such as land, buildings, and equipment) used in operations, net of depreciation. It reflects the company's investment in assets used for production.Accounts Payable
An accounting item on the balance sheet that represents MV Oil obligation to pay off a short-term debt to its creditors. The accounts payable entry is usually reported under current liabilities. If accounts payable of MV Oil Trust are not paid within the agreed terms, the payables are considered to be in default, which may trigger a penalty or interest payment, or the revocation of additional credit from the supplier. Accounts payable may also be considered a source of cash, since they represent funds being borrowed from suppliers. Given these cash flow considerations, suppliers have a natural inclination to push for shorter payment terms, while creditors want to lengthen the payment terms. The amount a company owes to suppliers or vendors for products or services received but not yet paid for. It represents the company's short-term liabilities.Most indicators from MV Oil's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into MV Oil Trust 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 Correlation Analysis to better understand how to build diversified portfolios, which includes a position in MV Oil Trust. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in real. At this time, MV Oil's Enterprise Value Over EBITDA is very stable compared to the past year. As of the 26th of December 2024, Enterprise Value Multiple is likely to grow to 9.75, while Selling General Administrative is likely to drop about 1.2 M.
2021 | 2022 | 2023 | 2024 (projected) | Gross Profit | 12.1M | 27.2M | 18.1M | 17.2M | Total Revenue | 12.1M | 27.2M | 18.1M | 17.2M |
MV Oil fundamental ratios Correlations
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MV Oil Account Relationship Matchups
High Positive Relationship
High Negative Relationship
MV Oil fundamental ratios Accounts
2019 | 2020 | 2021 | 2022 | 2023 | 2024 (projected) | ||
Total Assets | 12.5M | 10.6M | 7.9M | 6.9M | 5.5M | 5.2M | |
Total Stockholder Equity | 12.5M | 10.6M | 7.9M | 6.9M | 5.5M | 5.2M | |
Cash | 201.7K | 504.6K | 297.1K | 1.0M | 1.3M | 649.1K | |
Liabilities And Stockholders Equity | 12.5M | 10.6M | 7.9M | 6.9M | 5.5M | 5.2M | |
Net Debt | (201.7K) | (504.6K) | (297.1K) | (1.0M) | (1.3M) | (1.2M) | |
Non Current Assets Total | 12.3M | 10.1M | 7.6M | 5.8M | 4.2M | 4.0M | |
Non Currrent Assets Other | (12.3M) | (10.1M) | (7.6M) | (5.8M) | (4.2M) | (4.4M) | |
Cash And Short Term Investments | 201.7K | 504.6K | 297.1K | 1.0M | 1.3M | 1.3M | |
Other Stockholder Equity | 38.1M | 40.3M | 7.9M | 6.9M | 6.2M | 5.9M | |
Total Current Assets | 201.7K | 504.6K | 297.1K | 1.0M | 1.3M | 1.3M | |
Accumulated Other Comprehensive Income | (33.6M) | (35.9M) | (38.1M) | (40.3M) | (36.3M) | (34.5M) | |
Property Plant And Equipment Net | 12.3M | 10.1M | 7.6M | 5.8M | 4.2M | 4.0M | |
Property Plant And Equipment Gross | 14.5M | 12.3M | 10.1M | 50.4M | 57.9M | 31.4M | |
Common Stock Total Equity | 17.0M | 14.7M | 12.5M | 10.6M | 9.5M | 15.9M | |
Common Stock | 12.5M | 10.6M | 7.9M | 6.9M | 5.5M | 5.2M | |
Net Tangible Assets | 12.5M | 10.6M | 7.9M | 6.9M | 6.2M | 12.1M | |
Cash And Equivalents | 201.7K | 504.6K | 297.2K | 1.0M | 1.2M | 1.3M | |
Net Invested Capital | 12.5M | 10.6M | 7.9M | 6.9M | 5.5M | 8.6M | |
Capital Stock | 12.5M | 10.6M | 7.9M | 6.9M | 5.5M | 7.7M |
Pair Trading with MV Oil
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 MV Oil 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 MV Oil will appreciate offsetting losses from the drop in the long position's value.Moving together with MVO Stock
Moving against MVO Stock
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0.62 | VIST | Vista Oil Gas | PairCorr |
The ability to find closely correlated positions to MV Oil could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace MV Oil 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 MV Oil - 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 MV Oil Trust to buy it.
The correlation of MV Oil 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 MV Oil moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if MV Oil Trust 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 MV Oil 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.Check out Correlation Analysis to better understand how to build diversified portfolios, which includes a position in MV Oil Trust. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in real. You can also try the Investing Opportunities module to build portfolios using our predefined set of ideas and optimize them against your investing preferences.
Is Oil & Gas Exploration & Production 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 MV Oil. If investors know MVO 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 MV Oil 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 0.134 | Earnings Share 1.59 | Revenue Per Share 1.604 | Quarterly Revenue Growth 0.072 | Return On Assets 1.8876 |
The market value of MV Oil Trust is measured differently than its book value, which is the value of MVO that is recorded on the company's balance sheet. Investors also form their own opinion of MV Oil's value that differs from its market value or its book value, called intrinsic value, which is MV Oil'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 MV Oil's market value can be influenced by many factors that don't directly affect MV Oil'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 MV Oil's value and its price as these two are different measures arrived at by different means. Investors typically determine if MV Oil is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, MV Oil'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.