Viper Other Operating Expenses vs Income Before Tax 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 Other Operating Expenses and its Income Before Tax 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.
Other Operating Expenses vs Income Before Tax
Other Operating Expenses vs Income Before Tax Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Viper Energy Ut Other Operating Expenses account and Income Before Tax. At this time, the significance of the direction appears to have very strong relationship.
The correlation between Viper Energy's Other Operating Expenses and Income Before Tax is 0.8. Overlapping area represents the amount of variation of Other Operating Expenses that can explain the historical movement of Income Before Tax 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 Other Operating Expenses and Income Before Tax is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Other Operating Expenses of Viper Energy Ut are associated (or correlated) with its Income Before Tax. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Income Before Tax has no effect on the direction of Other Operating Expenses i.e., Viper Energy's Other Operating Expenses and Income Before Tax go up and down completely randomly.
Correlation Coefficient | 0.8 |
Relationship Direction | Positive |
Relationship Strength | Strong |
Other Operating Expenses
Other Operating Expenses is the expense which generally does not depend on sales or production quantities of Viper Energy Ut. It is also known as Viper Energy overhead expenses. Typically these expenses include marketing, rent and utilities, office, leases, and other overhead cost. Expenses incurred from non-core business activities, including administrative and general expenses, but excluding costs directly related to production.Income Before Tax
Income Before Tax which can also be referred as pre-tax income is reported on Viper Energy income statement and is an important metric when analyzing Viper Energy Ut profitability. Accounting techniques because taxes can be complex, and not perfectly consistent from one company to company, an analyst may use pre-tax income as a more stable measure of profitability.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 Expense | 34.0M | 40.4M | 48.9M | 51.4M | Depreciation And Amortization | 103.0M | 121.5M | 146.1M | 153.4M |
Viper Energy fundamental ratios Correlations
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Viper Energy Account Relationship Matchups
High Positive Relationship
High Negative Relationship
Viper Energy fundamental ratios Accounts
2019 | 2020 | 2021 | 2022 | 2023 | 2024 (projected) | ||
Total Assets | 2.8B | 2.5B | 3.0B | 2.9B | 4.0B | 2.0B | |
Short Long Term Debt Total | 586.8M | 582.2M | 780.1M | 576.9M | 1.1B | 1.1B | |
Other Current Liab | 13.3M | 44.9M | 24.4M | 19.9M | 18.0M | 13.2M | |
Total Current Liabilities | 13.4M | 44.9M | 24.5M | 21.9M | 33.3M | 34.9M | |
Total Stockholder Equity | 931.1M | 635.3M | 814.8M | 690.7M | 1.0B | 632.5M | |
Property Plant And Equipment Net | 2.6B | 2.4B | 2.9B | 2.8B | 3.8B | 1.9B | |
Net Debt | 583.2M | 536.5M | 737.3M | 558.7M | 1.1B | 1.1B | |
Accounts Payable | 150K | 43K | 69K | 1.1M | 19K | 18.1K | |
Cash | 3.6M | 19.1M | 39.4M | 18.2M | 25.9M | 17.9M | |
Non Current Assets Total | 2.8B | 2.4B | 2.9B | 2.8B | 3.8B | 1.9B | |
Long Term Debt | 586.8M | 555.6M | 776.7M | 576.9M | 1.1B | 1.1B | |
Cash And Short Term Investments | 3.6M | 19.1M | 39.4M | 18.2M | 25.9M | 17.9M | |
Net Receivables | 68.7M | 34.2M | 70.7M | 87.9M | 112.8M | 118.5M | |
Common Stock Shares Outstanding | 61.8M | 67.7M | 68.4M | 75.7M | 74.2M | 61.2M | |
Liabilities And Stockholders Equity | 1.8B | 2.5B | 3.0B | 2.9B | 4.0B | 4.2B | |
Non Current Liabilities Total | 586.8M | 555.6M | 776.7M | 576.9M | 1.1B | 1.1B | |
Other Stockholder Equity | 931.1M | 635.3M | 814.8M | (568.6M) | 1.0B | 603.2M | |
Total Liab | 600.2M | 600.5M | 801.2M | 598.8M | 1.1B | 1.2B | |
Property Plant And Equipment Gross | 2.5B | 2.4B | 2.9B | 2.8B | 4.6B | 4.9B | |
Total Current Assets | 72.7M | 54.0M | 111.1M | 118.6M | 143.5M | 150.7M | |
Property Plant Equipment | 2.5B | 2.4B | 2.9B | 2.8B | 3.2B | 1.7B | |
Net Tangible Assets | 2.2B | 1.9B | 814.1M | 2.3B | 2.7B | 2.8B | |
Non Currrent Assets Other | 22.8M | 2.3M | 2.8M | 1.8M | 5.6M | 5.3M | |
Other Assets | 165.3M | 2.3M | 2.8M | 51.5M | 59.2M | 55.2M | |
Other Current Assets | 396K | 665K | 989K | 15.0M | 4.8M | 2.6M | |
Deferred Long Term Liab | 6.6M | 6.7M | 9.6M | 200K | 230K | 218.5K | |
Common Stock | 930.2M | 634.4M | 814.1M | 690.0M | 793.5M | 745.8M | |
Long Term Debt Total | 411M | 586.8M | 555.6M | 776.7M | 893.2M | 937.9M | |
Net Invested Capital | 1.5B | 1.2B | 1.6B | 1.3B | 2.1B | 1.5B | |
Net Working Capital | 59.2M | 9.1M | 86.7M | 96.7M | 110.3M | 74.0M |
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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.