Vivakor Other Assets vs Net Tangible Assets Analysis
| VIVK Stock | USD 1.35 0.05 3.85% |
Vivakor financial indicator trend analysis is much more than just breaking down Vivakor prevalent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Vivakor is a good investment. Please check the relationship between Vivakor Other Assets and its Net Tangible Assets accounts. Check out World Market Map to better understand how to build diversified portfolios, which includes a position in Vivakor. 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. For more information on how to buy Vivakor Stock please use our How to buy in Vivakor Stock guide.
Other Assets vs Net Tangible Assets
Other Assets vs Net Tangible Assets Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Vivakor Other Assets account and Net Tangible Assets. At this time, the significance of the direction appears to have weak contrarian relationship.
The correlation between Vivakor's Other Assets and Net Tangible Assets is -0.17. Overlapping area represents the amount of variation of Other Assets that can explain the historical movement of Net Tangible Assets in the same time period over historical financial statements of Vivakor, assuming nothing else is changed. The correlation between historical values of Vivakor's Other Assets and Net Tangible 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 Other Assets of Vivakor are associated (or correlated) with its Net Tangible Assets. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Net Tangible Assets has no effect on the direction of Other Assets i.e., Vivakor's Other Assets and Net Tangible Assets go up and down completely randomly.
Correlation Coefficient | -0.17 |
| Relationship Direction | Negative |
| Relationship Strength | Insignificant |
Other Assets
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.Most indicators from Vivakor's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Vivakor 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 Vivakor. 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. For more information on how to buy Vivakor Stock please use our How to buy in Vivakor Stock guide.At this time, Vivakor's Selling General Administrative is quite stable compared to the past year. Tax Provision is expected to rise to about 97.3 K this year, although Enterprise Value Over EBITDA will most likely fall to (6.94).
| 2021 | 2022 | 2023 | 2024 (projected) | Reconciled Depreciation | 1.5M | 3.0M | 3.9M | 2.7M | Interest Income | 3.3K | 23.7K | 15.0K | 15.5K |
Vivakor fundamental ratios Correlations
Click cells to compare fundamentals
Vivakor Account Relationship Matchups
High Positive Relationship
High Negative Relationship
Vivakor fundamental ratios Accounts
| 2019 | 2020 | 2021 | 2022 | 2023 | 2024 (projected) | ||
| Other Current Liab | 11.9M | 346.9K | 573.5K | 3.6M | 4.2M | 4.4M | |
| Total Current Liabilities | 13.8M | 3.6M | 7.2M | 12.9M | 40.0M | 42.0M | |
| Retained Earnings | (27.8M) | (30.2M) | (35.7M) | (55.2M) | (65.9M) | (62.6M) | |
| Accounts Payable | 584.0K | 1.0M | 1.5M | 5.0M | 7.2M | 7.5M | |
| Total Current Assets | 2.5M | 6.2M | 5.2M | 9.2M | 5.1M | 3.6M | |
| Common Stock | 285.3K | 11.3K | 12.3K | 18.1K | 16.3K | 15.4K | |
| Net Tangible Assets | (31.4M) | (21.2M) | (1.6M) | 6.5M | 5.9M | 6.1M | |
| Other Current Assets | 202.4K | 87.1K | 73.2K | 700.3K | 630.3K | 671.9K | |
| Property Plant Equipment | 12.5M | 17.1M | 19.0M | 25.0M | 28.7M | 30.1M | |
| Other Assets | 844.9K | 78.5K | 1.2M | 37.5K | 33.7K | 32.0K |
Some investors attempt to determine whether the market's mood is bullish or bearish by monitoring changes in market sentiment. Unlike more traditional methods such as technical analysis, investor sentiment usually refers to the aggregate attitude towards Vivakor in the overall investment community. So, suppose investors can accurately measure the market's sentiment. In that case, they can use it for their benefit. For example, some tools to gauge market sentiment could be utilized using contrarian indexes, Vivakor's short interest history, or implied volatility extrapolated from Vivakor options trading.
Also Currently Popular
Analyzing currently trending equities could be an opportunity to develop a better portfolio based on different market momentums that they can trigger. Utilizing the top trending stocks is also useful when creating a market-neutral strategy or pair trading technique involving a short or a long position in a currently trending equity.When determining whether Vivakor is a good investment, qualitative aspects like company management, corporate governance, and ethical practices play a significant role. A comparison with peer companies also provides context and helps to understand if Vivakor Stock is undervalued or overvalued. This multi-faceted approach, blending both quantitative and qualitative analysis, forms a solid foundation for making an informed investment decision about Vivakor Stock. Highlighted below are key reports to facilitate an investment decision about Vivakor Stock:Check out World Market Map to better understand how to build diversified portfolios, which includes a position in Vivakor. 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. For more information on how to buy Vivakor Stock please use our How to buy in Vivakor Stock guide.You can also try the Portfolio Optimization module to compute new portfolio that will generate highest expected return given your specified tolerance for risk.
Complementary Tools for Vivakor Stock analysis
When running Vivakor's price analysis, check to measure Vivakor'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 Vivakor is operating at the current time. Most of Vivakor's value examination focuses on studying past and present price action to predict the probability of Vivakor's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Vivakor's price. Additionally, you may evaluate how the addition of Vivakor to your portfolios can decrease your overall portfolio volatility.
| Headlines Timeline Stay connected to all market stories and filter out noise. Drill down to analyze hype elasticity | |
| Bond Analysis Evaluate and analyze corporate bonds as a potential investment for your portfolios. | |
| Portfolio Anywhere Track or share privately all of your investments from the convenience of any device | |
| Insider Screener Find insiders across different sectors to evaluate their impact on performance | |
| Portfolio Manager State of the art Portfolio Manager to monitor and improve performance of your invested capital | |
| Instant Ratings Determine any equity ratings based on digital recommendations. Macroaxis instant equity ratings are based on combination of fundamental analysis and risk-adjusted market performance | |
| Cryptocurrency Center Build and monitor diversified portfolio of extremely risky digital assets and cryptocurrency | |
| Equity Valuation Check real value of public entities based on technical and fundamental data | |
| Correlation Analysis Reduce portfolio risk simply by holding instruments which are not perfectly correlated |
Is Vivakor'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 Vivakor. If investors know Vivakor 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 Vivakor listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Earnings Share (0.56) | Revenue Per Share 3.08 | Quarterly Revenue Growth (0.15) | Return On Assets (0.05) | Return On Equity (0.49) |
The market value of Vivakor is measured differently than its book value, which is the value of Vivakor that is recorded on the company's balance sheet. Investors also form their own opinion of Vivakor's value that differs from its market value or its book value, called intrinsic value, which is Vivakor'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 Vivakor's market value can be influenced by many factors that don't directly affect Vivakor'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 Vivakor's value and its price as these two are different measures arrived at by different means. Investors typically determine if Vivakor is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Vivakor'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.