Vistra Other Assets vs Total Current Liabilities Analysis
VST Stock | USD 94.08 0.94 1.01% |
Vistra Energy financial indicator trend analysis is much more than just breaking down Vistra Energy Corp prevalent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Vistra Energy Corp is a good investment. Please check the relationship between Vistra Energy Other Assets and its Total Current Liabilities accounts. Check out World Market Map to better understand how to build diversified portfolios, which includes a position in Vistra Energy Corp. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in state.
Other Assets vs Total Current Liabilities
Other Assets vs Total Current Liabilities Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Vistra Energy Corp Other Assets account and Total Current Liabilities. At this time, the significance of the direction appears to have significant contrarian relationship.
The correlation between Vistra Energy's Other Assets and Total Current Liabilities is -0.32. Overlapping area represents the amount of variation of Other Assets that can explain the historical movement of Total Current Liabilities in the same time period over historical financial statements of Vistra Energy Corp, assuming nothing else is changed. The correlation between historical values of Vistra Energy's Other Assets and Total Current Liabilities 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 Vistra Energy Corp are associated (or correlated) with its Total Current Liabilities. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Total Current Liabilities has no effect on the direction of Other Assets i.e., Vistra Energy's Other Assets and Total Current Liabilities go up and down completely randomly.
Correlation Coefficient | -0.32 |
Relationship Direction | Negative |
Relationship Strength | Insignificant |
Other Assets
Total Current Liabilities
Total Current Liabilities is an item on Vistra Energy balance sheet that include short term debt, accounts payable, accrued salaries payable, payroll taxes payable, accrued liabilities and other debts. Total Current Liabilities of Vistra Energy Corp are important to investors because some useful performance ratios such as Current Ratio and Quick Ratio require Total Current Liabilities to be accurate. The total amount of liabilities that a company is expected to pay within one year, including debts, accounts payable, and other short-term financial obligations.Most indicators from Vistra Energy's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Vistra Energy Corp 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 Vistra Energy Corp. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in state. At this time, Vistra Energy's Tax Provision is comparatively stable compared to the past year. Sales General And Administrative To Revenue is likely to gain to 0.11 in 2024, whereas Enterprise Value is likely to drop slightly above 16.3 B in 2024.
2021 | 2022 | 2023 | 2024 (projected) | Gross Profit | 1.3B | 1.7B | 5.5B | 5.8B | Total Revenue | 12.1B | 13.7B | 14.8B | 9.4B |
Vistra Energy fundamental ratios Correlations
Click cells to compare fundamentals
Vistra Energy Account Relationship Matchups
High Positive Relationship
High Negative Relationship
Vistra Energy fundamental ratios Accounts
2019 | 2020 | 2021 | 2022 | 2023 | 2024 (projected) | ||
Total Assets | 26.6B | 25.2B | 29.7B | 32.8B | 33.0B | 29.1B | |
Other Current Liab | 2.0B | 1.3B | 3.6B | 6.0B | 6.2B | 6.5B | |
Total Current Liabilities | 4.6B | 3.0B | 5.8B | 10.3B | 9.8B | 6.3B | |
Total Stockholder Equity | 8.0B | 8.4B | 8.3B | 4.9B | 5.3B | 5.6B | |
Other Liab | 3.7B | 4.0B | 4.6B | 5.3B | 6.1B | 5.0B | |
Accounts Payable | 947M | 880M | 1.5B | 1.6B | 1.1B | 955.9M | |
Cash | 300M | 406M | 1.3B | 455M | 3.5B | 3.7B | |
Other Assets | 3.3B | 3.3B | 4.2B | 2.8B | 3.2B | 2.4B | |
Long Term Debt | 10.1B | 9.2B | 10.5B | 11.9B | 12.1B | 14.6B | |
Net Receivables | 1.4B | 1.3B | 2.0B | 2.1B | 1.7B | 1.4B | |
Inventory | 469M | 515M | 610M | 570M | 740M | 445.0M | |
Other Current Assets | 298M | 205M | 195M | 293M | 364M | 345.8M | |
Total Liab | 18.7B | 16.8B | 21.4B | 27.9B | 27.6B | 28.6B | |
Intangible Assets | 2.7B | 2.4B | 2.1B | 2.0B | 1.9B | 3.2B | |
Property Plant Equipment | 13.8B | 13.5B | 13.1B | 12.6B | 11.3B | 10.8B | |
Property Plant And Equipment Net | 14.0B | 13.5B | 13.1B | 12.6B | 12.5B | 9.8B | |
Net Debt | 11.0B | 9.5B | 9.7B | 12.9B | 11.2B | 8.9B | |
Non Current Assets Total | 22.5B | 21.8B | 21.8B | 21.7B | 21.3B | 21.8B | |
Non Currrent Assets Other | 516M | 609M | 624M | 1.1B | 1.1B | 1.2B | |
Cash And Short Term Investments | 300M | 406M | 1.3B | 455M | 3.5B | 3.7B | |
Non Current Liabilities Total | 14.1B | 13.8B | 15.5B | 17.5B | 17.8B | 14.4B | |
Other Stockholder Equity | 8.7B | 8.8B | 8.3B | 6.5B | 5.4B | 5.7B | |
Total Current Assets | 4.1B | 3.4B | 7.9B | 11.1B | 11.6B | 12.2B | |
Short Long Term Debt Total | 11.3B | 9.9B | 11.0B | 13.3B | 14.7B | 10.8B | |
Liabilities And Stockholders Equity | 26.6B | 25.2B | 29.7B | 32.8B | 33.0B | 26.9B | |
Accumulated Other Comprehensive Income | (22M) | (30M) | (48M) | (16M) | 7M | 6.3M | |
Short Term Debt | 1.1B | 403M | 259M | 1.1B | 2.3B | 2.9B | |
Net Tangible Assets | 2.7B | 3.3B | 1.6B | (1.6B) | (1.9B) | (2.0B) | |
Common Stock Shares Outstanding | 499.9M | 491.1M | 482.2M | 422.4M | 375.2M | 358.9M | |
Long Term Investments | 1.7B | 2.0B | 2.3B | 2.4B | 2.0B | 1.6B | |
Short Long Term Debt | 1.1B | 395M | 254M | 1.1B | 2.3B | 2.4B | |
Current Deferred Revenue | 493M | 460M | 454M | 1.7B | 203M | 192.9M | |
Retained Earnings | (764M) | (399M) | (2.0B) | (3.6B) | (2.6B) | (2.5B) | |
Long Term Debt Total | 10.2B | 9.2B | 10.5B | 11.9B | 10.7B | 9.3B | |
Deferred Long Term Liab | 38M | 10M | 2M | 1M | 900K | 855K | |
Property Plant And Equipment Gross | 14.0B | 13.5B | 18.0B | 18.5B | 19.3B | 14.2B | |
Capital Surpluse | 9.7B | 9.8B | 9.8B | 9.9B | 11.4B | 10.1B |
Pair Trading with Vistra 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 Vistra 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 Vistra Energy will appreciate offsetting losses from the drop in the long position's value.Moving together with Vistra Stock
0.96 | NRG | NRG Energy | PairCorr |
0.69 | PAM | Pampa Energia SA | PairCorr |
Moving against Vistra Stock
0.69 | HE | Hawaiian Electric | PairCorr |
0.69 | ELPC | Companhia Paranaense | PairCorr |
0.66 | CDZIP | Cadiz Depositary Shares | PairCorr |
0.57 | ELLO | Ellomay Capital | PairCorr |
0.54 | DUKB | Duke Energy Corp | PairCorr |
The ability to find closely correlated positions to Vistra 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 Vistra 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 Vistra 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 Vistra Energy Corp to buy it.
The correlation of Vistra 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 Vistra Energy moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Vistra Energy Corp 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 Vistra 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.Check out World Market Map to better understand how to build diversified portfolios, which includes a position in Vistra Energy Corp. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in state. You can also try the Funds Screener module to find actively-traded funds from around the world traded on over 30 global exchanges.
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When running Vistra Energy's price analysis, check to measure Vistra 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 Vistra Energy is operating at the current time. Most of Vistra Energy's value examination focuses on studying past and present price action to predict the probability of Vistra 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 Vistra Energy's price. Additionally, you may evaluate how the addition of Vistra Energy to your portfolios can decrease your overall portfolio volatility.
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Is Vistra 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 Vistra Energy. If investors know Vistra 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 Vistra 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 (0.17) | Dividend Share 0.838 | Earnings Share 1.63 | Revenue Per Share 37.13 | Quarterly Revenue Growth (0.31) |
The market value of Vistra Energy Corp is measured differently than its book value, which is the value of Vistra that is recorded on the company's balance sheet. Investors also form their own opinion of Vistra Energy's value that differs from its market value or its book value, called intrinsic value, which is Vistra 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 Vistra Energy's market value can be influenced by many factors that don't directly affect Vistra 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 Vistra Energy's value and its price as these two are different measures arrived at by different means. Investors typically determine if Vistra Energy is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Vistra 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.