Valero Property Plant Equipment vs Accounts Payable Analysis

VLO Stock  USD 157.07  0.40  0.26%   
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 Property Plant Equipment and its Accounts Payable 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.

Property Plant Equipment vs Accounts Payable

Property Plant Equipment vs Accounts Payable Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Valero Energy Property Plant Equipment account and Accounts Payable. At this time, the significance of the direction appears to have strong relationship.
The correlation between Valero Energy's Property Plant Equipment and Accounts Payable is 0.71. Overlapping area represents the amount of variation of Property Plant Equipment that can explain the historical movement of Accounts Payable 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 Property Plant Equipment and Accounts Payable is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Property Plant Equipment of Valero Energy are associated (or correlated) with its Accounts Payable. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Accounts Payable has no effect on the direction of Property Plant Equipment i.e., Valero Energy's Property Plant Equipment and Accounts Payable go up and down completely randomly.

Correlation Coefficient

0.71
Relationship DirectionPositive 
Relationship StrengthSignificant

Property Plant Equipment

Accounts Payable

An accounting item on the balance sheet that represents Valero Energy obligation to pay off a short-term debt to its creditors. The accounts payable entry is usually reported under current liabilities. If accounts payable of Valero Energy are not paid within the agreed terms, the payables are considered to be in default, which may trigger a penalty or interest payment, or the revocation of additional credit from the supplier. Accounts payable may also be considered a source of cash, since they represent funds being borrowed from suppliers. Given these cash flow considerations, suppliers have a natural inclination to push for shorter payment terms, while creditors want to lengthen the payment terms. The amount a company owes to suppliers or vendors for products or services received but not yet paid for. It represents the company's short-term liabilities.
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 Revenue114.0B176.4B144.8B152.0B
Depreciation And Amortization16M240M2.7B2.8B

Valero Energy fundamental ratios Correlations

0.520.650.890.950.730.220.910.740.990.230.740.880.450.920.960.3-0.710.980.970.660.880.880.820.830.53
0.520.230.250.580.310.910.580.330.560.260.340.320.210.590.57-0.2-0.470.460.440.270.240.430.460.460.37
0.650.230.660.480.370.040.730.440.650.220.450.64-0.220.640.490.23-0.830.70.620.850.60.850.260.270.47
0.890.250.660.780.580.010.760.560.840.340.560.980.360.720.810.19-0.630.920.940.80.990.840.660.660.22
0.950.580.480.780.680.260.90.790.930.20.790.780.520.820.980.26-0.650.870.930.480.770.750.840.840.51
0.730.310.370.580.680.130.510.440.78-0.120.430.50.590.790.750.57-0.280.740.610.260.560.550.920.920.62
0.220.910.040.010.260.130.26-0.090.290.26-0.080.090.130.340.3-0.4-0.210.20.120.140.010.160.240.240.15
0.910.580.730.760.90.510.260.780.880.210.790.790.10.80.840.18-0.920.840.90.660.740.870.590.60.61
0.740.330.440.560.790.44-0.090.780.70.041.00.540.20.640.680.42-0.650.650.770.320.530.660.550.560.54
0.990.560.650.840.930.780.290.880.70.180.70.810.470.960.960.34-0.680.970.920.620.810.870.850.850.6
0.230.260.220.340.2-0.120.260.210.040.180.050.380.070.090.23-0.52-0.210.230.280.540.30.320.060.06-0.35
0.740.340.450.560.790.43-0.080.791.00.70.050.550.20.640.680.4-0.660.650.770.330.540.660.550.550.53
0.880.320.640.980.780.50.090.790.540.810.380.550.320.680.80.06-0.680.890.940.820.980.830.620.620.2
0.450.21-0.220.360.520.590.130.10.20.470.070.20.320.420.60.20.280.420.4-0.050.360.120.770.770.01
0.920.590.640.720.820.790.340.80.640.960.090.640.680.420.860.38-0.630.930.810.570.690.860.80.810.68
0.960.570.490.810.980.750.30.840.680.960.230.680.80.60.860.26-0.580.910.920.520.80.750.890.890.48
0.3-0.20.230.190.260.57-0.40.180.420.34-0.520.40.060.20.380.26-0.070.310.22-0.150.170.180.360.360.48
-0.71-0.47-0.83-0.63-0.65-0.28-0.21-0.92-0.65-0.68-0.21-0.66-0.680.28-0.63-0.58-0.07-0.68-0.73-0.73-0.61-0.83-0.29-0.29-0.57
0.980.460.70.920.870.740.20.840.650.970.230.650.890.420.930.910.31-0.680.940.730.90.910.790.80.5
0.970.440.620.940.930.610.120.90.770.920.280.770.940.40.810.920.22-0.730.940.690.930.860.750.750.4
0.660.270.850.80.480.260.140.660.320.620.540.330.82-0.050.570.52-0.15-0.730.730.690.760.860.290.290.11
0.880.240.60.990.770.560.010.740.530.810.30.540.980.360.690.80.17-0.610.90.930.760.790.650.650.22
0.880.430.850.840.750.550.160.870.660.870.320.660.830.120.860.750.18-0.830.910.860.860.790.570.570.47
0.820.460.260.660.840.920.240.590.550.850.060.550.620.770.80.890.36-0.290.790.750.290.650.571.00.51
0.830.460.270.660.840.920.240.60.560.850.060.550.620.770.810.890.36-0.290.80.750.290.650.571.00.51
0.530.370.470.220.510.620.150.610.540.6-0.350.530.20.010.680.480.48-0.570.50.40.110.220.470.510.51
Click cells to compare fundamentals

Valero Energy Account Relationship Matchups

Valero Energy fundamental ratios Accounts

201920202021202220232024 (projected)
Total Assets53.9B51.8B57.9B61.0B64.5B67.7B
Short Long Term Debt Total11.0B15.8B1.9B3.6B12.6B13.3B
Other Current Liab2.1B2.1B2.7B3.2B2.4B2.6B
Total Current Liabilities13.2B9.3B16.9B17.5B16.8B17.6B
Total Stockholder Equity21.8B18.8B18.4B23.6B26.3B27.7B
Property Plant And Equipment Net30.6B31.6B32.1B32.1B31.3B15.7B
Net Debt8.4B12.5B(2.2B)(1.3B)7.2B7.6B
Retained Earnings32.0B29.0B28.3B38.2B45.6B47.9B
Cash2.6B3.3B4.1B4.9B5.4B5.7B
Non Current Assets Total34.9B35.9B36.7B36.8B38.3B40.2B
Non Currrent Assets Other514M565M941M(1.6B)4.3B4.6B
Cash And Short Term Investments2.6B3.3B4.1B4.9B5.5B5.8B
Net Receivables8.9B6.1B10.4B11.9B12.5B13.2B
Common Stock Shares Outstanding428M413M407M396M353M402.5M
Liabilities And Stockholders Equity53.9B51.8B57.9B61.0B64.5B67.7B
Non Current Liabilities Total18.2B22.8B21.2B18.1B19.2B20.1B
Inventory7.0B6.0B6.3B6.8B7.6B8.0B
Other Current Assets12.0B9.8B14.9B17.4B578M549.1M
Other Stockholder Equity(8.8B)(8.9B)(8.9B)(13.3B)(18.4B)(17.5B)
Total Liab31.3B32.1B38.1B35.5B36.0B37.8B
Total Current Assets19.0B15.8B21.2B24.1B26.2B27.5B
Short Term Debt825M1.0B1.6B1.4B1.8B1.9B
Accounts Payable10.2B6.1B12.5B12.7B12.6B13.2B
Property Plant And Equipment Gross29.3B47.0B50.4B51.7B52.8B55.4B
Accumulated Other Comprehensive Income(1.4B)(1.3B)(1.0B)(1.4B)(870M)(826.5M)
Other Liab8.0B8.0B7.7B6.8B7.8B4.1B
Other Assets2.8B2.9B3.4B3.7B4.3B4.5B
Long Term Debt9.2B14.0B10.8B8.4B8.0B7.5B
Treasury Stock(15.6B)(15.7B)(15.7B)(20.2B)(18.2B)(17.3B)
Property Plant Equipment29.3B31.6B32.1B32.1B36.9B24.1B
Current Deferred Revenue55M56M78M129M40M38M
Intangible Assets283M248M218M202M183M173.9M
Net Tangible Assets21.8B18.8B17.5B23.6B27.1B21.1B
Noncontrolling Interest In Consolidated Entity733M841M1.4B1.9B2.2B2.3B
Retained Earnings Total Equity32.0B29.0B28.3B38.2B44.0B26.6B

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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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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.