Euronav NV Financials

CMBT Stock   11.01  0.28  2.48%   
Based on the key indicators related to Euronav NV's liquidity, profitability, solvency, and operating efficiencyBased on the analysis of, Euronav NV is performing exceptionally good at this time. It has a great risk to report excellent financial results in January. At this time, Euronav NV's Other Current Assets are comparatively stable compared to the past year. Total Liabilities is likely to gain to about 1.6 B in 2024, whereas Total Stockholder Equity is likely to drop slightly above 1.5 B in 2024. Key indicators impacting Euronav NV's financial strength include:
Current ValueLast YearChange From Last Year 10 Year Trend
Debt Equity Ratio0.370.3934
Notably Down
Slightly volatile
Current Ratio1.151.7421
Way Down
Slightly volatile
Investors should never underestimate Euronav NV's ability to pay suppliers on time, ensure interest payments are not accumulating, and correctly time where and how to reinvest extra cash. Individual investors need to monitor Euronav NV's cash flow, debt, and profitability to make informed and accurate decisions about investing in Euronav NV.

Net Income

900.93 Million

  
Understanding current and past Euronav NV Financials, including the trends in assets, liabilities, equity and income are directly related to making proper and timely investing decisions. All of Euronav NV's financial statements are interrelated, with each one affecting the others. For example, an increase in Euronav NV's assets may result in an increase in income on the income statement.
Please note, the imprecision that can be found in Euronav NV's accounting process means that the reasonable investor should take a skeptical approach toward the financial statement analysis of Euronav NV. Check Euronav NV's Beneish M Score to see the likelihood of Euronav NV's management manipulating its earnings.

Euronav NV Stock Summary

Euronav NV competes with Beyond Meat, Lifevantage, Commonwealth Bank, KeyCorp, and Univest Pennsylvania. Euronav NV is entity of United States. It is traded as Stock on NYSE exchange.
Foreign Associate
  Belgium
Specialization
Energy, Oil & Gas Midstream
InstrumentUSA Stock View All
ExchangeNew York Stock Exchange
ISINBE0003816338
CUSIPB38564108 B38564124
Older SymbolEURN
LocationBelgium
Business AddressDe Gerlachekaai 20,
SectorOil, Gas & Consumable Fuels
IndustryEnergy
BenchmarkDow Jones Industrial
Websitewww.cmb.tech
Phone32 3 247 44 11

Euronav NV Key Financial Ratios

Euronav NV Key Balance Sheet Accounts

201920202021202220232024 (projected)
Total Assets4.2B3.7B3.8B4.0B3.4B3.1B
Other Current Liab54.3M45.0M50.6M48.5M65.0M119.8M
Net Debt1.4B1.1B1.6B1.5B501.3M476.3M
Cash297.0M161.5M152.5M180.4M429.4M450.8M
Net Receivables287.5M192.6M214.6M346.0M286.8M174.1M
Inventory183.4M75.8M69.0M41.8M22.5M43.7M
Other Current Assets34.5M22.0M23.2M1.0893.1M937.7M
Total Liab1.9B1.4B1.8B1.8B1.1B1.6B
Total Current Assets802.2M451.9M459.4M568.2M1.6B1.7B
Retained Earnings420.1M540.7M180.1M387.1M807.3M419.8M
Accounts Payable22.7M27.2M26.0M24.7M42.0M36.5M
Short Term Debt221.2M117.6M236.5M157.6M295.6M174.4M
Intangible Assets39K162K185.9K15.7M14.2M14.9M
Other Liab9.9M9.1M7.7M3.1M2.8M2.6M
Other Assets73.8M58.4M58.6M1.0(889.5M)(845.1M)
Long Term Debt1.5B1.1B1.5B1.5B631.7M1.2B
Short Long Term Debt188.7M71.8M214.2M174.8M262.2M187.0M
Net Tangible Assets2.3B2.3B2.0B2.2B2.5B2.2B
Net Invested Capital4.0B3.5B3.6B3.8B3.3B3.9B
Net Working Capital486.2M248.3M138.4M312.7M1.2B1.3B

Euronav NV Key Income Statement Accounts

The reason investors look at the income statement is to determine what Euronav NV's earnings per share (EPS) will be in order to see if they want to buy more shares or not. For example, if a company earned $20 million in the last quarter and has 100,000 shares outstanding, its EPS is 20 cents. If you find that this number beats analysts' forecasts or is higher than it was from the same period last year, then you might want to buy more of this stock even though its price per share may not have changed.
201920202021202220232024 (projected)
Interest Expense89.2M65.6M95.5M86.7M132.9M71.2M
Total Revenue932.4M1.2B419.8M870.3M1.2B724.3M
Gross Profit237.6M567.0M(274.5M)239.3M623.9M655.1M
Operating Income180.8M511.6M(296.6M)186.7M969.7M1.0B
Ebit202.0M540.4M(244.0M)286.1M996.9M1.0B
Ebitda539.7M860.1M101.0M512.8M1.2B1.3B
Cost Of Revenue694.8M663.8M694.3M631.0M611.2M470.5M
Income Before Tax96.4M464.3M(362.2M)191.9M864.0M907.2M
Net Income112.2M473.2M(338.8M)203.3M858.0M900.9M
Income Tax Expense602K1.9M(427K)2.9M6.0M7.1M
Tax Provision602K1.9M(427K)2.8M5.9M6.2M
Interest Income6.5M21.5M14.9M27.1M28.5M30.0M
Net Interest Income(90.1M)(70.1M)(80.6M)(105.9M)(90.2M)(94.7M)

Euronav NV Key Cash Accounts

201920202021202220232024 (projected)
Change In Cash123.8M(135.5M)(9.0M)27.4M248.6M261.0M
Free Cash Flow263.9M744.4M(438.6M)(284.7M)509.2M534.6M
Depreciation337.7M319.8M345.0M222.6M221.0M214.8M
Other Non Cash Items(13.1M)(5.7M)(10.6M)(90.4M)(331.2M)(314.6M)
Dividends Paid26.0M352.0M24.2M24.2M630.5M662.1M
Capital Expenditures8.1M225.4M413.3M540.2M345.7M290.4M
Net Income112.2M473.2M(338.8M)203.3M858.0M900.9M
End Period Cash Flow297.0M161.5M152.5M179.9M429.0M450.5M
Change To Inventory(161.1M)107.6M6.7M27.4M19.1M20.1M
Investments43.8M(117.1M)(353.2M)(158.9M)(86.4M)(90.7M)
Net Borrowings(124.5M)(506.7M)402.5M(33.9M)(30.5M)(32.0M)
Change To Netincome(12.5M)(17.7M)(10.6M)(87.5M)(78.7M)(74.8M)

Euronav Financial Ratios Relationships

Comparative valuation techniques use various fundamental indicators to help in determining Euronav NV's current stock value. Our valuation model uses many indicators to compare Euronav NV value to that of its competitors to determine the firm's financial worth. You can analyze the relationship between different fundamental ratios across Euronav NV competition to find correlations between indicators driving Euronav NV's intrinsic value. More Info.
Euronav NV is number one stock in return on equity category among its peers. It also is number one stock in return on asset category among its peers reporting about  0.09  of Return On Asset per Return On Equity. The ratio of Return On Equity to Return On Asset for Euronav NV is roughly  11.22 . At this time, Euronav NV's Return On Equity is comparatively stable compared to the past year. Comparative valuation analysis is a catch-all technique that is used if you cannot value Euronav NV by discounting back its dividends or cash flows. It compares the stock's price multiples to nearest competition to determine if the stock is relatively undervalued or overvalued.

Euronav NV Systematic Risk

Euronav NV's systematic risk plays a vital role in portfolio allocation when considering its stock to be added to a well-diversified portfolio. Euronav NV volatility which cannot be eliminated through diversification, requires returns over the risk-free rate. Over the long run, a well-diversified portfolio provides returns that match its exposure to systematic risk. In this case, investors face a trade-off between expected returns and systematic risk and, therefore, can only reduce a portfolio's exposure to systematic risk by sacrificing expected returns on the portfolio.
The output start index for this execution was fourteen with a total number of output elements of fourty-seven. The Beta measures systematic risk based on how returns on Euronav NV correlated with the market. If Beta is less than 0 Euronav NV generally moves in the opposite direction as compared to the market. If Euronav NV Beta is about zero movement of price series is uncorrelated with the movement of the benchmark. if Beta is between zero and one Euronav NV is generally moves in the same direction as, but less than the movement of the market. For Beta = 1 movement of Euronav NV is generally in the same direction as the market. If Beta > 1 Euronav NV moves generally in the same direction as, but more than the movement of the benchmark.
Today, most investors in Euronav NV Stock are looking for potential investment opportunities by analyzing not only static indicators but also various Euronav NV's growth ratios. Consistent increases or decreases in fundamental ratios usually indicate a possible pattern that can be successfully translated into profits. However, when comparing two companies, knowing each company's growth growth rates may not be enough to decide which company is a better investment. That's why investors frequently use static breakdown of Euronav NV growth as a starting point in their analysis.

Price Earnings To Growth Ratio

0.0135

At this time, Euronav NV's Price Earnings To Growth Ratio is comparatively stable compared to the past year.

Euronav NV December 4, 2024 Opportunity Range

Along with financial statement analysis, the daily predictive indicators of Euronav NV help investors to analyze its daily demand and supply, volume, patterns, and price swings to determine the real value of Euronav NV. We use our internally-developed statistical techniques to arrive at the intrinsic value of Euronav NV based on widely used predictive technical indicators. In general, we focus on analyzing Euronav Stock price patterns and their correlations with different microeconomic environment and drivers. We also apply predictive analytics to build Euronav NV's daily price indicators and compare them against related drivers.

Additional Tools for Euronav Stock Analysis

When running Euronav NV's price analysis, check to measure Euronav NV'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 Euronav NV is operating at the current time. Most of Euronav NV's value examination focuses on studying past and present price action to predict the probability of Euronav NV's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Euronav NV's price. Additionally, you may evaluate how the addition of Euronav NV to your portfolios can decrease your overall portfolio volatility.