Valero Net Tangible Assets vs Property Plant Equipment Analysis
VLO Stock | USD 158.87 1.80 1.15% |
Valero Energy financial indicator trend analysis is much more than just breaking down Valero Energy prevalent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Valero Energy is a good investment. Please check the relationship between Valero Energy Net Tangible Assets and its Property Plant Equipment accounts. Check out World Market Map to better understand how to build diversified portfolios, which includes a position in Valero 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 bureau of economic analysis. To learn how to invest in Valero Stock, please use our How to Invest in Valero Energy guide.
Net Tangible Assets vs Property Plant Equipment
Net Tangible Assets vs Property Plant Equipment Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Valero Energy Net Tangible Assets account and Property Plant Equipment. At this time, the significance of the direction appears to have strong relationship.
The correlation between Valero Energy's Net Tangible Assets and Property Plant Equipment is 0.68. Overlapping area represents the amount of variation of Net Tangible Assets that can explain the historical movement of Property Plant Equipment in the same time period over historical financial statements of Valero Energy, assuming nothing else is changed. The correlation between historical values of Valero Energy's Net Tangible Assets and Property Plant Equipment 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 Valero Energy are associated (or correlated) with its Property Plant Equipment. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Property Plant Equipment has no effect on the direction of Net Tangible Assets i.e., Valero Energy's Net Tangible Assets and Property Plant Equipment go up and down completely randomly.
Correlation Coefficient | 0.68 |
Relationship Direction | Positive |
Relationship Strength | Significant |
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.Property Plant Equipment
Most indicators from Valero Energy's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Valero 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 World Market Map to better understand how to build diversified portfolios, which includes a position in Valero 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 bureau of economic analysis. To learn how to invest in Valero Stock, please use our How to Invest in Valero Energy guide.As of the 9th of May 2024, Tax Provision is likely to grow to about 3.5 B, while Selling General Administrative is likely to drop about 642.4 M.
2021 | 2022 | 2023 | 2024 (projected) | Total Revenue | 114.0B | 176.4B | 144.8B | 152.0B | Depreciation And Amortization | 16M | 240M | 2.7B | 2.8B |
Valero Energy fundamental ratios Correlations
Click cells to compare fundamentals
Valero Energy Account Relationship Matchups
High Positive Relationship
High Negative Relationship
Valero Energy fundamental ratios Accounts
2019 | 2020 | 2021 | 2022 | 2023 | 2024 (projected) | ||
Total Assets | 53.9B | 51.8B | 57.9B | 61.0B | 64.5B | 67.7B | |
Short Long Term Debt Total | 11.0B | 15.8B | 1.9B | 3.6B | 12.6B | 13.3B | |
Other Current Liab | 2.1B | 2.1B | 2.7B | 3.2B | 2.4B | 2.6B | |
Total Current Liabilities | 13.2B | 9.3B | 16.9B | 17.5B | 16.8B | 17.6B | |
Total Stockholder Equity | 21.8B | 18.8B | 18.4B | 23.6B | 26.3B | 27.7B | |
Property Plant And Equipment Net | 30.6B | 31.6B | 32.1B | 32.1B | 31.3B | 15.7B | |
Net Debt | 8.4B | 12.5B | (2.2B) | (1.3B) | 7.2B | 7.6B | |
Retained Earnings | 32.0B | 29.0B | 28.3B | 38.2B | 45.6B | 47.9B | |
Cash | 2.6B | 3.3B | 4.1B | 4.9B | 5.4B | 5.7B | |
Non Current Assets Total | 34.9B | 35.9B | 36.7B | 36.8B | 38.3B | 40.2B | |
Non Currrent Assets Other | 514M | 565M | 941M | (1.6B) | 4.3B | 4.6B | |
Cash And Short Term Investments | 2.6B | 3.3B | 4.1B | 4.9B | 5.5B | 5.8B | |
Net Receivables | 8.9B | 6.1B | 10.4B | 11.9B | 12.5B | 13.2B | |
Common Stock Shares Outstanding | 428M | 413M | 407M | 396M | 353M | 402.5M | |
Liabilities And Stockholders Equity | 53.9B | 51.8B | 57.9B | 61.0B | 64.5B | 67.7B | |
Non Current Liabilities Total | 18.2B | 22.8B | 21.2B | 18.1B | 19.2B | 20.1B | |
Inventory | 7.0B | 6.0B | 6.3B | 6.8B | 7.6B | 8.0B | |
Other Current Assets | 12.0B | 9.8B | 14.9B | 17.4B | 578M | 549.1M | |
Other Stockholder Equity | (8.8B) | (8.9B) | (8.9B) | (13.3B) | (18.4B) | (17.5B) | |
Total Liab | 31.3B | 32.1B | 38.1B | 35.5B | 36.0B | 37.8B | |
Total Current Assets | 19.0B | 15.8B | 21.2B | 24.1B | 26.2B | 27.5B | |
Short Term Debt | 825M | 1.0B | 1.6B | 1.4B | 1.8B | 1.9B | |
Accounts Payable | 10.2B | 6.1B | 12.5B | 12.7B | 12.6B | 13.2B | |
Property Plant And Equipment Gross | 29.3B | 47.0B | 50.4B | 51.7B | 52.8B | 55.4B | |
Accumulated Other Comprehensive Income | (1.4B) | (1.3B) | (1.0B) | (1.4B) | (870M) | (826.5M) | |
Other Liab | 8.0B | 8.0B | 7.7B | 6.8B | 7.8B | 4.1B | |
Other Assets | 2.8B | 2.9B | 3.4B | 3.7B | 4.3B | 4.5B | |
Long Term Debt | 9.2B | 14.0B | 10.8B | 8.4B | 8.0B | 7.5B | |
Treasury Stock | (15.6B) | (15.7B) | (15.7B) | (20.2B) | (18.2B) | (17.3B) | |
Property Plant Equipment | 29.3B | 31.6B | 32.1B | 32.1B | 36.9B | 24.1B | |
Current Deferred Revenue | 55M | 56M | 78M | 129M | 40M | 38M | |
Intangible Assets | 283M | 248M | 218M | 202M | 183M | 173.9M | |
Net Tangible Assets | 21.8B | 18.8B | 17.5B | 23.6B | 27.1B | 21.1B | |
Noncontrolling Interest In Consolidated Entity | 733M | 841M | 1.4B | 1.9B | 2.2B | 2.3B | |
Retained Earnings Total Equity | 32.0B | 29.0B | 28.3B | 38.2B | 44.0B | 26.6B |
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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 Valero Energy offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of Valero 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 Valero Energy Stock. Outlined below are crucial reports that will aid in making a well-informed decision on Valero Energy Stock:Check out World Market Map to better understand how to build diversified portfolios, which includes a position in Valero 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 bureau of economic analysis. To learn how to invest in Valero Stock, please use our How to Invest in Valero Energy guide.You can also try the Analyst Advice module to analyst recommendations and target price estimates broken down by several categories.
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When running Valero Energy's price analysis, check to measure Valero 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 Valero Energy is operating at the current time. Most of Valero Energy's value examination focuses on studying past and present price action to predict the probability of Valero 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 Valero Energy's price. Additionally, you may evaluate how the addition of Valero Energy to your portfolios can decrease your overall portfolio volatility.
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Is Valero 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 Valero Energy. If investors know Valero 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 Valero 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 (0.55) | Dividend Share 4.13 | Earnings Share 20.38 | Revenue Per Share 391.138 | Quarterly Revenue Growth (0.13) |
The market value of Valero Energy is measured differently than its book value, which is the value of Valero that is recorded on the company's balance sheet. Investors also form their own opinion of Valero Energy's value that differs from its market value or its book value, called intrinsic value, which is Valero 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 Valero Energy's market value can be influenced by many factors that don't directly affect Valero 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 Valero Energy's value and its price as these two are different measures arrived at by different means. Investors typically determine if Valero Energy is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Valero 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.