Solstad Capital Surpluse vs Total Stockholder Equity Analysis

0G2Z Stock   39.22  0.28  0.71%   
Solstad Offshore financial indicator trend analysis is much more than just breaking down Solstad Offshore ASA prevalent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Solstad Offshore ASA is a good investment. Please check the relationship between Solstad Offshore Capital Surpluse and its Total Stockholder Equity accounts. Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in Solstad Offshore ASA. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in board of governors.

Capital Surpluse vs Total Stockholder Equity

Capital Surpluse vs Total Stockholder Equity Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Solstad Offshore ASA Capital Surpluse account and Total Stockholder Equity. At this time, the significance of the direction appears to have strong contrarian relationship.
The correlation between Solstad Offshore's Capital Surpluse and Total Stockholder Equity is -0.58. Overlapping area represents the amount of variation of Capital Surpluse that can explain the historical movement of Total Stockholder Equity in the same time period over historical financial statements of Solstad Offshore ASA, assuming nothing else is changed. The correlation between historical values of Solstad Offshore's Capital Surpluse and Total Stockholder Equity is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Capital Surpluse of Solstad Offshore ASA are associated (or correlated) with its Total Stockholder Equity. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Total Stockholder Equity has no effect on the direction of Capital Surpluse i.e., Solstad Offshore's Capital Surpluse and Total Stockholder Equity go up and down completely randomly.

Correlation Coefficient

-0.58
Relationship DirectionNegative 
Relationship StrengthVery Weak

Capital Surpluse

Total Stockholder Equity

The total equity held by shareholders, calculated as the difference between a company's total assets and total liabilities. It represents the net value of the company owned by shareholders.
Most indicators from Solstad Offshore's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Solstad Offshore ASA 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 Trending Equities to better understand how to build diversified portfolios, which includes a position in Solstad Offshore ASA. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in board of governors.
Tax Provision is likely to gain to about (3.8 M) in 2024. Selling General Administrative is likely to drop to about 1.9 B in 2024
 2019 2023 2024 (projected)
Gross Profit5.2B6.0B4.5B
Total Revenue5.2B5.8B4.7B

Solstad Offshore fundamental ratios Correlations

-0.140.46-0.20.04-0.57-0.090.040.760.090.120.820.53-0.320.920.49-0.670.640.540.790.07-0.41-0.53-0.23-0.19
-0.14-0.820.820.42-0.320.970.42-0.210.4-0.13-0.110.050.56-0.460.130.220.28-0.26-0.08-0.10.330.830.670.55
0.46-0.82-0.92-0.520.18-0.82-0.520.36-0.10.470.32-0.15-0.750.74-0.11-0.560.240.710.610.13-0.25-0.92-0.88-0.67
-0.20.82-0.920.69-0.40.880.69-0.10.35-0.58-0.030.340.6-0.550.350.28-0.08-0.67-0.4-0.150.080.850.960.66
0.040.42-0.520.69-0.730.611.00.470.3-0.840.490.630.49-0.270.84-0.08-0.3-0.68-0.28-0.07-0.530.340.790.84
-0.57-0.320.18-0.4-0.73-0.48-0.73-0.73-0.060.6-0.81-0.76-0.44-0.31-0.850.52-0.080.24-0.240.210.740.05-0.47-0.66
-0.090.97-0.820.880.61-0.480.61-0.050.44-0.310.040.20.59-0.450.320.110.2-0.37-0.1-0.130.140.790.770.67
0.040.42-0.520.691.0-0.730.610.470.3-0.840.490.630.49-0.270.84-0.08-0.3-0.68-0.28-0.07-0.530.340.790.84
0.76-0.210.36-0.10.47-0.73-0.050.470.07-0.330.980.78-0.090.650.87-0.620.170.110.450.3-0.75-0.57-0.020.22
0.090.4-0.10.350.3-0.060.440.30.070.050.13-0.12-0.41-0.120.16-0.320.470.130.350.090.230.330.23-0.08
0.12-0.130.47-0.58-0.840.6-0.31-0.84-0.330.05-0.32-0.64-0.560.31-0.680.010.660.880.540.240.67-0.22-0.76-0.76
0.82-0.110.32-0.030.49-0.810.040.490.980.13-0.320.77-0.060.680.87-0.690.260.140.520.16-0.75-0.510.030.24
0.530.05-0.150.340.63-0.760.20.630.78-0.12-0.640.770.340.320.88-0.24-0.09-0.34-0.020.22-0.67-0.180.430.49
-0.320.56-0.750.60.49-0.440.590.49-0.09-0.41-0.56-0.060.34-0.490.260.38-0.45-0.68-0.56-0.2-0.20.490.660.86
0.92-0.460.74-0.55-0.27-0.31-0.45-0.270.65-0.120.310.680.32-0.490.25-0.670.540.690.80.07-0.38-0.78-0.56-0.44
0.490.13-0.110.350.84-0.850.320.840.870.16-0.680.870.880.260.25-0.38-0.07-0.330.090.16-0.74-0.140.450.61
-0.670.22-0.560.28-0.080.520.11-0.08-0.62-0.320.01-0.69-0.240.38-0.67-0.38-0.39-0.42-0.760.210.580.560.270.15
0.640.280.24-0.08-0.3-0.080.2-0.30.170.470.660.26-0.09-0.450.54-0.07-0.390.790.850.160.36-0.06-0.3-0.44
0.54-0.260.71-0.67-0.680.24-0.37-0.680.110.130.880.14-0.34-0.680.69-0.33-0.420.790.850.20.28-0.52-0.82-0.73
0.79-0.080.61-0.4-0.28-0.24-0.1-0.280.450.350.540.52-0.02-0.560.80.09-0.760.850.850.05-0.07-0.48-0.53-0.45
0.07-0.10.13-0.15-0.070.21-0.13-0.070.30.090.240.160.22-0.20.070.160.210.160.20.050.21-0.2-0.21-0.16
-0.410.33-0.250.08-0.530.740.14-0.53-0.750.230.67-0.75-0.67-0.2-0.38-0.740.580.360.28-0.070.210.51-0.13-0.44
-0.530.83-0.920.850.340.050.790.34-0.570.33-0.22-0.51-0.180.49-0.78-0.140.56-0.06-0.52-0.48-0.20.510.760.43
-0.230.67-0.880.960.79-0.470.770.79-0.020.23-0.760.030.430.66-0.560.450.27-0.3-0.82-0.53-0.21-0.130.760.75
-0.190.55-0.670.660.84-0.660.670.840.22-0.08-0.760.240.490.86-0.440.610.15-0.44-0.73-0.45-0.16-0.440.430.75
Click cells to compare fundamentals

Solstad Offshore Account Relationship Matchups

Solstad Offshore fundamental ratios Accounts

201920202021202220232024 (projected)
Total Assets36.1B31.6B29.8B26.1B30.0B32.1B
Short Long Term Debt Total28.6B4.2B4.5B17.1B15.4B11.5B
Total Current Liabilities29.1B4.6B4.0B4.1B3.7B3.5B
Total Stockholder Equity4.9B(853.1M)(3.8B)4.2B3.8B4.0B
Cash1.9B1.4B1.1B2.4B2.8B1.9B
Other Assets167.4M111.7M118.5M116.4M104.7M117.7M
Long Term Debt25.5B1.2B697.2M16.9B15.2B9.4B
Cash And Short Term Investments1.9B1.4B1.1B2.4B2.8B1.9B
Net Receivables1.5B1.2B1.2B2.0B2.3B1.5B
Short Term Investments11.7M11.9M8.2M11.1M10.0M8.5M
Inventory177.2M165.3M173.0M228.1M262.3M189.5M
Other Stockholder Equity1K981.7M946.8M1.5B1.7B1.8B
Total Liab31.2B32.5B33.7B21.8B25.1B30.4B
Total Current Assets2.8B3.9B4.1B4.8B5.5B4.0B
Intangible Assets412.6M210.4M70.0M13.1M11.8M11.2M
Property Plant Equipment26.4B22.0B20.7B21.0B18.9B19.1B
Other Current Liab866.1M337.0M290.1M1.5B1.3B680.7M
Other Liab90.1M37.9M43.2M32.8M29.5M28.0M
Net Tangible Assets(3.9B)4.2B3.1B1.8B2.0B1.6B
Retained Earnings(5.5B)(8.4B)3.0B1.9B2.2B2.3B
Accounts Payable97.4M339.2M532.4M552.1M634.9M429.7M

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