Viper Depreciation And Amortization vs Gross Profit Analysis

VNOM Stock  USD 47.64  0.34  0.71%   
Viper Energy financial indicator trend analysis is much more than just breaking down Viper Energy Ut prevalent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Viper Energy Ut is a good investment. Please check the relationship between Viper Energy Depreciation And Amortization and its Gross Profit accounts. Check out World Market Map to better understand how to build diversified portfolios, which includes a position in Viper Energy Ut. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in persons.

Depreciation And Amortization vs Gross Profit

Depreciation And Amortization vs Gross Profit Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Viper Energy Ut Depreciation And Amortization account and Gross Profit. At this time, the significance of the direction appears to have strong relationship.
The correlation between Viper Energy's Depreciation And Amortization and Gross Profit is 0.63. Overlapping area represents the amount of variation of Depreciation And Amortization that can explain the historical movement of Gross Profit in the same time period over historical financial statements of Viper Energy Ut, assuming nothing else is changed. The correlation between historical values of Viper Energy's Depreciation And Amortization and Gross Profit is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Depreciation And Amortization of Viper Energy Ut are associated (or correlated) with its Gross Profit. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Gross Profit has no effect on the direction of Depreciation And Amortization i.e., Viper Energy's Depreciation And Amortization and Gross Profit go up and down completely randomly.

Correlation Coefficient

0.63
Relationship DirectionPositive 
Relationship StrengthSignificant

Depreciation And Amortization

The systematic reduction in the recorded value of an intangible asset. This includes the allocation of the cost of tangible assets to periods in which the assets are used, representing the expense related to the wear and tear, deterioration, or obsolescence of physical assets and intangible assets over their useful lives.

Gross Profit

Gross profit is a required income statement account that reflects total revenue of Viper Energy Ut minus its cost of goods sold. It is profit before Viper Energy operating expenses, interest payments and taxes. Gross profit is also known as gross margin. The profit a company makes after deducting the costs associated with making and selling its products, or the costs associated with providing its services.
Most indicators from Viper Energy's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Viper Energy Ut 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 Viper Energy Ut. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in persons.
As of the 22nd of December 2024, Tax Provision is likely to grow to about 48.2 M, while Selling General Administrative is likely to drop about 7.9 M.
 2021 2022 2023 2024 (projected)
Interest Expense34.0M40.4M48.9M51.4M
Depreciation And Amortization103.0M121.5M146.1M153.4M

Viper Energy fundamental ratios Correlations

0.730.760.730.661.00.71-0.610.661.00.720.660.86-0.450.720.320.730.870.870.990.8-0.870.450.890.250.51
0.730.530.820.260.731.0-0.180.380.731.00.380.84-0.651.00.081.00.880.80.690.76-0.780.180.560.060.32
0.760.530.870.490.770.5-0.540.570.760.510.570.52-0.460.510.20.530.640.560.80.61-0.840.050.730.160.32
0.730.820.870.410.740.8-0.370.470.730.80.470.69-0.530.810.140.820.810.690.730.77-0.85-0.030.680.10.33
0.660.260.490.410.650.24-0.840.510.650.260.510.590.040.260.660.260.590.610.640.63-0.40.260.810.110.3
1.00.730.770.740.650.72-0.60.661.00.730.660.86-0.450.730.310.730.870.860.990.8-0.870.420.890.250.51
0.711.00.50.80.240.72-0.150.350.711.00.350.83-0.651.00.061.00.870.780.670.75-0.760.190.540.060.32
-0.61-0.18-0.54-0.37-0.84-0.6-0.15-0.55-0.61-0.17-0.55-0.550.18-0.17-0.6-0.17-0.59-0.6-0.6-0.560.52-0.33-0.58-0.11-0.27
0.660.380.570.470.510.660.35-0.550.660.381.00.58-0.010.380.430.380.590.710.670.33-0.640.080.650.050.25
1.00.730.760.730.651.00.71-0.610.660.720.660.86-0.460.720.320.730.870.860.990.8-0.870.450.890.250.51
0.721.00.510.80.260.731.0-0.170.380.720.380.84-0.651.00.071.00.880.790.690.75-0.770.190.550.060.32
0.660.380.570.470.510.660.35-0.551.00.660.380.58-0.010.380.430.380.590.710.670.33-0.640.080.650.050.25
0.860.840.520.690.590.860.83-0.550.580.860.840.58-0.450.840.240.840.970.980.820.89-0.810.460.730.280.55
-0.45-0.65-0.46-0.530.04-0.45-0.650.18-0.01-0.46-0.65-0.01-0.45-0.650.11-0.65-0.53-0.38-0.46-0.460.63-0.27-0.120.02-0.07
0.721.00.510.810.260.731.0-0.170.380.721.00.380.84-0.650.071.00.880.80.690.76-0.770.190.550.060.32
0.320.080.20.140.660.310.06-0.60.430.320.070.430.240.110.070.070.320.270.280.21-0.040.290.44-0.63-0.44
0.731.00.530.820.260.731.0-0.170.380.731.00.380.84-0.651.00.070.880.80.690.76-0.780.190.560.060.33
0.870.880.640.810.590.870.87-0.590.590.870.880.590.97-0.530.880.320.880.960.830.9-0.850.370.740.140.44
0.870.80.560.690.610.860.78-0.60.710.860.790.710.98-0.380.80.270.80.960.840.84-0.830.390.750.280.56
0.990.690.80.730.640.990.67-0.60.670.990.690.670.82-0.460.690.280.690.830.840.76-0.880.420.890.280.52
0.80.760.610.770.630.80.75-0.560.330.80.750.330.89-0.460.760.210.760.90.840.76-0.740.440.750.320.56
-0.87-0.78-0.84-0.85-0.4-0.87-0.760.52-0.64-0.87-0.77-0.64-0.810.63-0.77-0.04-0.78-0.85-0.83-0.88-0.74-0.2-0.67-0.33-0.54
0.450.180.05-0.030.260.420.19-0.330.080.450.190.080.46-0.270.190.290.190.370.390.420.44-0.20.310.030.12
0.890.560.730.680.810.890.54-0.580.650.890.550.650.73-0.120.550.440.560.740.750.890.75-0.670.310.220.45
0.250.060.160.10.110.250.06-0.110.050.250.060.050.280.020.06-0.630.060.140.280.280.32-0.330.030.220.94
0.510.320.320.330.30.510.32-0.270.250.510.320.250.55-0.070.32-0.440.330.440.560.520.56-0.540.120.450.94
Click cells to compare fundamentals

Viper Energy Account Relationship Matchups

Viper Energy fundamental ratios Accounts

201920202021202220232024 (projected)
Total Assets2.8B2.5B3.0B2.9B4.0B2.0B
Short Long Term Debt Total586.8M582.2M780.1M576.9M1.1B1.1B
Other Current Liab13.3M44.9M24.4M19.9M18.0M13.2M
Total Current Liabilities13.4M44.9M24.5M21.9M33.3M34.9M
Total Stockholder Equity931.1M635.3M814.8M690.7M1.0B632.5M
Property Plant And Equipment Net2.6B2.4B2.9B2.8B3.8B1.9B
Net Debt583.2M536.5M737.3M558.7M1.1B1.1B
Accounts Payable150K43K69K1.1M19K18.1K
Cash3.6M19.1M39.4M18.2M25.9M17.9M
Non Current Assets Total2.8B2.4B2.9B2.8B3.8B1.9B
Long Term Debt586.8M555.6M776.7M576.9M1.1B1.1B
Cash And Short Term Investments3.6M19.1M39.4M18.2M25.9M17.9M
Net Receivables68.7M34.2M70.7M87.9M112.8M118.5M
Common Stock Shares Outstanding61.8M67.7M68.4M75.7M74.2M61.2M
Liabilities And Stockholders Equity1.8B2.5B3.0B2.9B4.0B4.2B
Non Current Liabilities Total586.8M555.6M776.7M576.9M1.1B1.1B
Other Stockholder Equity931.1M635.3M814.8M(568.6M)1.0B603.2M
Total Liab600.2M600.5M801.2M598.8M1.1B1.2B
Property Plant And Equipment Gross2.5B2.4B2.9B2.8B4.6B4.9B
Total Current Assets72.7M54.0M111.1M118.6M143.5M150.7M
Property Plant Equipment2.5B2.4B2.9B2.8B3.2B1.7B
Net Tangible Assets2.2B1.9B814.1M2.3B2.7B2.8B
Non Currrent Assets Other22.8M2.3M2.8M1.8M5.6M5.3M
Other Assets165.3M2.3M2.8M51.5M59.2M55.2M
Other Current Assets396K665K989K15.0M4.8M2.6M
Deferred Long Term Liab6.6M6.7M9.6M200K230K218.5K
Common Stock930.2M634.4M814.1M690.0M793.5M745.8M
Long Term Debt Total411M586.8M555.6M776.7M893.2M937.9M
Net Invested Capital1.5B1.2B1.6B1.3B2.1B1.5B
Net Working Capital59.2M9.1M86.7M96.7M110.3M74.0M

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When determining whether Viper Energy Ut is a strong investment it is important to analyze Viper Energy's competitive position within its industry, examining market share, product or service uniqueness, and competitive advantages. Beyond financials and market position, potential investors should also consider broader economic conditions, industry trends, and any regulatory or geopolitical factors that may impact Viper Energy's future performance. For an informed investment choice regarding Viper Stock, refer to the following important reports:
Check out World Market Map to better understand how to build diversified portfolios, which includes a position in Viper Energy Ut. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in persons.
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 Viper Energy. If investors know Viper 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 Viper 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
(0.53)
Dividend Share
1.14
Earnings Share
2.34
Revenue Per Share
8.977
Quarterly Revenue Growth
(0.32)
The market value of Viper Energy Ut is measured differently than its book value, which is the value of Viper that is recorded on the company's balance sheet. Investors also form their own opinion of Viper Energy's value that differs from its market value or its book value, called intrinsic value, which is Viper 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 Viper Energy's market value can be influenced by many factors that don't directly affect Viper 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 Viper Energy's value and its price as these two are different measures arrived at by different means. Investors typically determine if Viper Energy is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Viper 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.