Vaalco Total Revenue vs Total Other Income Expense Net Analysis

EGY Stock  USD 6.39  0.04  0.62%   
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 Total Revenue and its Total Other Income Expense Net 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 tightly coupled 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.

Total Revenue vs Total Other Income Expense Net

Total Revenue vs Total Other Income Expense Net Correlation Analysis

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

Correlation Coefficient

0.01
Relationship DirectionPositive 
Relationship StrengthInsignificant

Total Revenue

Total revenue comprises all receipts Vaalco Energy generated from the sale of its products or services. The total amount of income generated by the sale of goods or services related to the company's primary operations.

Total Other Income Expense Net

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 tightly coupled 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 Profit96.8M184.7M184.6M193.9M
Total Revenue199.1M354.3M455.1M477.8M

Vaalco Energy fundamental ratios Correlations

0.940.90.890.970.990.130.650.360.50.990.240.50.940.790.950.680.830.120.950.9-0.01-0.010.890.920.87
0.940.920.890.860.960.360.420.160.290.960.150.290.90.750.970.720.820.170.960.74-0.18-0.170.860.90.88
0.90.920.840.830.910.330.390.30.250.910.220.250.920.710.930.640.880.450.910.72-0.24-0.210.850.860.77
0.890.890.840.780.910.460.320.340.140.930.370.140.940.720.940.680.860.170.970.66-0.16-0.160.890.890.74
0.970.860.830.780.94-0.080.80.40.660.940.20.660.870.760.860.590.740.060.850.960.070.120.830.850.83
0.990.960.910.910.940.230.570.310.411.00.210.410.950.760.980.710.840.130.970.85-0.03-0.050.880.910.87
0.130.360.330.46-0.080.23-0.59-0.18-0.780.270.29-0.780.36-0.030.40.330.470.170.42-0.3-0.37-0.510.170.180.1
0.650.420.390.320.80.57-0.590.460.880.550.140.880.470.480.390.170.34-0.160.380.870.30.440.470.470.48
0.360.160.30.340.40.31-0.180.460.310.30.250.310.460.160.23-0.050.410.220.270.490.450.360.320.240.0
0.50.290.250.140.660.41-0.780.880.310.37-0.191.00.240.540.250.190.04-0.110.230.810.370.410.40.420.5
0.990.960.910.930.941.00.270.550.30.370.270.370.960.760.980.710.870.130.980.83-0.08-0.090.890.920.86
0.240.150.220.370.20.210.290.140.25-0.190.27-0.190.380.10.210.180.56-0.050.270.1-0.21-0.350.30.22-0.09
0.50.290.250.140.660.41-0.780.880.311.00.37-0.190.240.540.250.190.04-0.110.230.810.370.410.40.420.5
0.940.90.920.940.870.950.360.470.460.240.960.380.240.670.950.630.930.220.960.77-0.04-0.10.850.860.73
0.790.750.710.720.760.76-0.030.480.160.540.760.10.540.670.740.710.510.350.760.76-0.21-0.050.930.950.85
0.950.970.930.940.860.980.40.390.230.250.980.210.250.950.740.760.850.190.990.74-0.1-0.190.870.910.87
0.680.720.640.680.590.710.330.17-0.050.190.710.180.190.630.710.760.570.110.750.51-0.13-0.280.740.780.75
0.830.820.880.860.740.840.470.340.410.040.870.560.040.930.510.850.570.240.870.6-0.22-0.210.760.740.53
0.120.170.450.170.060.130.17-0.160.22-0.110.13-0.05-0.110.220.350.190.110.240.190.07-0.46-0.070.350.320.15
0.950.960.910.970.850.970.420.380.270.230.980.270.230.960.760.990.750.870.190.73-0.13-0.180.90.920.84
0.90.740.720.660.960.85-0.30.870.490.810.830.10.810.770.760.740.510.60.070.730.20.230.790.80.77
-0.01-0.18-0.24-0.160.07-0.03-0.370.30.450.37-0.08-0.210.37-0.04-0.21-0.1-0.13-0.22-0.46-0.130.20.27-0.23-0.2-0.05
-0.01-0.17-0.21-0.160.12-0.05-0.510.440.360.41-0.09-0.350.41-0.1-0.05-0.19-0.28-0.21-0.07-0.180.230.27-0.09-0.11-0.09
0.890.860.850.890.830.880.170.470.320.40.890.30.40.850.930.870.740.760.350.90.79-0.23-0.090.990.8
0.920.90.860.890.850.910.180.470.240.420.920.220.420.860.950.910.780.740.320.920.8-0.2-0.110.990.88
0.870.880.770.740.830.870.10.480.00.50.86-0.090.50.730.850.870.750.530.150.840.77-0.05-0.090.80.88
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 Liab350K7K13K92.1M73.6M77.3M
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(30.3M)(31.8M)
Retained Earnings70.8M22.7M104.5M147.0M177.5M186.4M
Accounts Payable15.9M16.7M18.8M59.9M22.2M20.5M
Cash45.9M47.9M48.7M37.2M121.1M127.2M
Non Current Assets Total141.8M77.3M174.8M655.5M595.1M624.8M
Non Currrent Assets Other16.0M12.5M30.3M31.4M7.7M9.1M
Cash And Short Term Investments45.9M47.9M48.7M37.2M121.1M127.2M
Net Receivables18.6M7.9M32.8M139.3M92.6M97.3M
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
Inventory1.1M3.9M1.6M3.3M4.6M4.8M
Other Current Assets3.3M4.2M5.2M20.1M9.8M10.3M
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 Debt12.0M12.9M9.6M10.1M12.5M9.0M
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

Pair Trading with Vaalco Energy

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 Vaalco Energy 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 Vaalco Energy will appreciate offsetting losses from the drop in the long position's value.

Moving together with Vaalco Stock

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Moving against Vaalco Stock

  0.67EP Empire Petroleum CorpPairCorr
The ability to find closely correlated positions to Vaalco Energy could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Vaalco Energy 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 Vaalco Energy - 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 Vaalco Energy to buy it.
The correlation of Vaalco Energy 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 Vaalco Energy moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Vaalco Energy 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 Vaalco Energy 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.
Pair CorrelationCorrelation Matching
When determining whether Vaalco Energy offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of Vaalco Energy's financial statements, including income statements, balance sheets, and cash flow statements, to assess its financial health. Key financial ratios are used to gauge profitability, efficiency, and growth potential of Vaalco Energy Stock. Outlined below are crucial reports that will aid in making a well-informed decision on Vaalco Energy Stock:
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 tightly coupled 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.
Note that the Vaalco Energy information on this page should be used as a complementary analysis to other Vaalco Energy's statistical models used to find the right mix of equity instruments to add to your existing portfolios or create a brand new portfolio. You can also try the Theme Ratings module to determine theme ratings based on digital equity recommendations. Macroaxis theme ratings are based on combination of fundamental analysis and risk-adjusted market performance.

Complementary Tools for Vaalco Stock analysis

When running Vaalco Energy's price analysis, check to measure Vaalco Energy'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 Vaalco Energy is operating at the current time. Most of Vaalco Energy's value examination focuses on studying past and present price action to predict the probability of Vaalco Energy's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Vaalco Energy's price. Additionally, you may evaluate how the addition of Vaalco Energy to your portfolios can decrease your overall portfolio volatility.
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Is Vaalco Energy's industry 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 Vaalco Energy. If investors know Vaalco 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 Vaalco 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
1.386
Dividend Share
0.25
Earnings Share
0.56
Revenue Per Share
4.278
Quarterly Revenue Growth
0.544
The market value of Vaalco Energy is measured differently than its book value, which is the value of Vaalco that is recorded on the company's balance sheet. Investors also form their own opinion of Vaalco Energy's value that differs from its market value or its book value, called intrinsic value, which is Vaalco 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 Vaalco Energy's market value can be influenced by many factors that don't directly affect Vaalco 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 Vaalco Energy's value and its price as these two are different measures arrived at by different means. Investors typically determine if Vaalco Energy is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Vaalco 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.