MVO Net Tangible Assets vs Total Current Assets Analysis
| MVO Stock | USD 9.11 0.01 0.11% |
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 Net Tangible Assets and its Total Current Assets 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 tightly coupled with the direction of predictive economic indicators such as signals in real.
Net Tangible Assets vs Total Current Assets
Net Tangible Assets vs Total Current Assets Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of MV Oil Trust Net Tangible Assets account and Total Current Assets. At this time, the significance of the direction appears to have strong contrarian relationship.
The correlation between MV Oil's Net Tangible Assets and Total Current Assets is -0.7. Overlapping area represents the amount of variation of Net Tangible Assets that can explain the historical movement of Total Current Assets 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 Net Tangible Assets and Total Current Assets 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 Tangible Assets of MV Oil Trust are associated (or correlated) with its Total Current Assets. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Total Current Assets has no effect on the direction of Net Tangible Assets i.e., MV Oil's Net Tangible Assets and Total Current Assets go up and down completely randomly.
Correlation Coefficient | -0.7 |
| Relationship Direction | Negative |
| Relationship Strength | Weak |
Net Tangible Assets
The total assets of a company minus any intangible assets such as patents, copyrights, and goodwill; it represents the physical assets of a company.Total Current Assets
The total value of all assets that are expected to be converted into cash within one year or during the normal operating cycle.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 tightly coupled 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 1st of June 2024, Enterprise Value Multiple is likely to grow to 9.75, while Selling General Administrative is likely to drop about 998.3 K.
| 2021 | 2022 | 2023 | 2024 (projected) | Gross Profit | 12.1M | 27.2M | 17.8M | 16.9M | Total Revenue | 12.1M | 27.2M | 18.1M | 17.2M |
MV Oil fundamental ratios Correlations
Click cells to compare fundamentals
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 |
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Try AI Portfolio ArchitectCheck 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 tightly coupled with the direction of predictive economic indicators such as signals in real. You can also try the Efficient Frontier module to plot and analyze your portfolio and positions against risk-return landscape of the market..
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When running MV Oil's price analysis, check to measure MV Oil'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 MV Oil is operating at the current time. Most of MV Oil's value examination focuses on studying past and present price action to predict the probability of MV Oil's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move MV Oil's price. Additionally, you may evaluate how the addition of MV Oil to your portfolios can decrease your overall portfolio volatility.
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Is MV Oil'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 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 | Dividend Share 1.5 | Earnings Share 1.51 | Revenue Per Share 1.604 | Quarterly Revenue Growth 0.072 |
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.