Solstad Intangible Assets vs Common Stock 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 Intangible Assets and its Common Stock 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.

Intangible Assets vs Common Stock

Intangible Assets vs Common Stock Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Solstad Offshore ASA Intangible Assets account and Common Stock. At this time, the significance of the direction appears to have strong relationship.

The correlation between Solstad Offshore's Intangible Assets and Common Stock is 0.79. Overlapping area represents the amount of variation of Intangible Assets that can explain the historical movement of Common Stock 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 Intangible Assets and Common Stock is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Intangible Assets of Solstad Offshore ASA are associated (or correlated) with its Common Stock. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Common Stock has no effect on the direction of Intangible Assets i.e., Solstad Offshore's Intangible Assets and Common Stock go up and down completely randomly.

Correlation Coefficient

0.79

Relationship Direction	Positive
Relationship Strength	Significant

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Intangible Assets

Non-physical assets possessed by a company, such as patents, trademarks, and copyrights, which provide long-term value.

Common Stock

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 Profit	5.2B	6.0B	4.5B
Total Revenue	5.2B	5.8B	4.7B

Gross Profit Total Revenue

Solstad Offshore fundamental ratios Correlations

	Total Assets	Short Long Term Debt Total	Total Current Liabilities	Total Stockholder Equity	Cash	Other Assets	Long Term Debt	Cash And Short Term Investments	Net Receivables	Short Term Investments	Capital Surpluse	Inventory	Other Current Assets	Other Stockholder Equity	Total Liab	Total Current Assets	Treasury Stock	Intangible Assets	Common Stock	Property Plant Equipment	Other Current Liab	Other Liab	Net Tangible Assets	Retained Earnings	Accounts Payable
Total Assets		-0.14	0.46	-0.2	0.04	-0.57	-0.09	0.04	0.76	0.09	0.12	0.82	0.53	-0.32	0.92	0.49	-0.67	0.64	0.54	0.79	0.07	-0.41	-0.53	-0.23	-0.19
Short Long Term Debt Total	-0.14		-0.82	0.82	0.42	-0.32	0.97	0.42	-0.21	0.4	-0.13	-0.11	0.05	0.56	-0.46	0.13	0.22	0.28	-0.26	-0.08	-0.1	0.33	0.83	0.67	0.55
Total Current Liabilities	0.46	-0.82		-0.92	-0.52	0.18	-0.82	-0.52	0.36	-0.1	0.47	0.32	-0.15	-0.75	0.74	-0.11	-0.56	0.24	0.71	0.61	0.13	-0.25	-0.92	-0.88	-0.67
Total Stockholder Equity	-0.2	0.82	-0.92		0.69	-0.4	0.88	0.69	-0.1	0.35	-0.58	-0.03	0.34	0.6	-0.55	0.35	0.28	-0.08	-0.67	-0.4	-0.15	0.08	0.85	0.96	0.66
Cash	0.04	0.42	-0.52	0.69		-0.73	0.61	1.0	0.47	0.3	-0.84	0.49	0.63	0.49	-0.27	0.84	-0.08	-0.3	-0.68	-0.28	-0.07	-0.53	0.34	0.79	0.84
Other Assets	-0.57	-0.32	0.18	-0.4	-0.73		-0.48	-0.73	-0.73	-0.06	0.6	-0.81	-0.76	-0.44	-0.31	-0.85	0.52	-0.08	0.24	-0.24	0.21	0.74	0.05	-0.47	-0.66
Long Term Debt	-0.09	0.97	-0.82	0.88	0.61	-0.48		0.61	-0.05	0.44	-0.31	0.04	0.2	0.59	-0.45	0.32	0.11	0.2	-0.37	-0.1	-0.13	0.14	0.79	0.77	0.67
Cash And Short Term Investments	0.04	0.42	-0.52	0.69	1.0	-0.73	0.61		0.47	0.3	-0.84	0.49	0.63	0.49	-0.27	0.84	-0.08	-0.3	-0.68	-0.28	-0.07	-0.53	0.34	0.79	0.84
Net Receivables	0.76	-0.21	0.36	-0.1	0.47	-0.73	-0.05	0.47		0.07	-0.33	0.98	0.78	-0.09	0.65	0.87	-0.62	0.17	0.11	0.45	0.3	-0.75	-0.57	-0.02	0.22
Short Term Investments	0.09	0.4	-0.1	0.35	0.3	-0.06	0.44	0.3	0.07		0.05	0.13	-0.12	-0.41	-0.12	0.16	-0.32	0.47	0.13	0.35	0.09	0.23	0.33	0.23	-0.08
Capital Surpluse	0.12	-0.13	0.47	-0.58	-0.84	0.6	-0.31	-0.84	-0.33	0.05		-0.32	-0.64	-0.56	0.31	-0.68	0.01	0.66	0.88	0.54	0.24	0.67	-0.22	-0.76	-0.76
Inventory	0.82	-0.11	0.32	-0.03	0.49	-0.81	0.04	0.49	0.98	0.13	-0.32		0.77	-0.06	0.68	0.87	-0.69	0.26	0.14	0.52	0.16	-0.75	-0.51	0.03	0.24
Other Current Assets	0.53	0.05	-0.15	0.34	0.63	-0.76	0.2	0.63	0.78	-0.12	-0.64	0.77		0.34	0.32	0.88	-0.24	-0.09	-0.34	-0.02	0.22	-0.67	-0.18	0.43	0.49
Other Stockholder Equity	-0.32	0.56	-0.75	0.6	0.49	-0.44	0.59	0.49	-0.09	-0.41	-0.56	-0.06	0.34		-0.49	0.26	0.38	-0.45	-0.68	-0.56	-0.2	-0.2	0.49	0.66	0.86
Total Liab	0.92	-0.46	0.74	-0.55	-0.27	-0.31	-0.45	-0.27	0.65	-0.12	0.31	0.68	0.32	-0.49		0.25	-0.67	0.54	0.69	0.8	0.07	-0.38	-0.78	-0.56	-0.44
Total Current Assets	0.49	0.13	-0.11	0.35	0.84	-0.85	0.32	0.84	0.87	0.16	-0.68	0.87	0.88	0.26	0.25		-0.38	-0.07	-0.33	0.09	0.16	-0.74	-0.14	0.45	0.61
Treasury Stock	-0.67	0.22	-0.56	0.28	-0.08	0.52	0.11	-0.08	-0.62	-0.32	0.01	-0.69	-0.24	0.38	-0.67	-0.38		-0.39	-0.42	-0.76	0.21	0.58	0.56	0.27	0.15
Intangible Assets	0.64	0.28	0.24	-0.08	-0.3	-0.08	0.2	-0.3	0.17	0.47	0.66	0.26	-0.09	-0.45	0.54	-0.07	-0.39		0.79	0.85	0.16	0.36	-0.06	-0.3	-0.44
Common Stock	0.54	-0.26	0.71	-0.67	-0.68	0.24	-0.37	-0.68	0.11	0.13	0.88	0.14	-0.34	-0.68	0.69	-0.33	-0.42	0.79		0.85	0.2	0.28	-0.52	-0.82	-0.73
Property Plant Equipment	0.79	-0.08	0.61	-0.4	-0.28	-0.24	-0.1	-0.28	0.45	0.35	0.54	0.52	-0.02	-0.56	0.8	0.09	-0.76	0.85	0.85		0.05	-0.07	-0.48	-0.53	-0.45
Other Current Liab	0.07	-0.1	0.13	-0.15	-0.07	0.21	-0.13	-0.07	0.3	0.09	0.24	0.16	0.22	-0.2	0.07	0.16	0.21	0.16	0.2	0.05		0.21	-0.2	-0.21	-0.16
Other Liab	-0.41	0.33	-0.25	0.08	-0.53	0.74	0.14	-0.53	-0.75	0.23	0.67	-0.75	-0.67	-0.2	-0.38	-0.74	0.58	0.36	0.28	-0.07	0.21		0.51	-0.13	-0.44
Net Tangible Assets	-0.53	0.83	-0.92	0.85	0.34	0.05	0.79	0.34	-0.57	0.33	-0.22	-0.51	-0.18	0.49	-0.78	-0.14	0.56	-0.06	-0.52	-0.48	-0.2	0.51		0.76	0.43
Retained Earnings	-0.23	0.67	-0.88	0.96	0.79	-0.47	0.77	0.79	-0.02	0.23	-0.76	0.03	0.43	0.66	-0.56	0.45	0.27	-0.3	-0.82	-0.53	-0.21	-0.13	0.76		0.75
Accounts Payable	-0.19	0.55	-0.67	0.66	0.84	-0.66	0.67	0.84	0.22	-0.08	-0.76	0.24	0.49	0.86	-0.44	0.61	0.15	-0.44	-0.73	-0.45	-0.16	-0.44	0.43	0.75

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Solstad Offshore Account Relationship Matchups

Solstad Offshore fundamental ratios Accounts

	2019	2020	2021	2022	2023	2024 (projected)
Total Assets	36.1B	31.6B	29.8B	26.1B	30.0B	32.1B
Short Long Term Debt Total	28.6B	4.2B	4.5B	17.1B	15.4B	11.5B
Total Current Liabilities	29.1B	4.6B	4.0B	4.1B	3.7B	3.5B
Total Stockholder Equity	4.9B	(853.1M)	(3.8B)	4.2B	3.8B	4.0B
Cash	1.9B	1.4B	1.1B	2.4B	2.8B	1.9B
Other Assets	167.4M	111.7M	118.5M	116.4M	104.7M	117.7M
Long Term Debt	25.5B	1.2B	697.2M	16.9B	15.2B	9.4B
Cash And Short Term Investments	1.9B	1.4B	1.1B	2.4B	2.8B	1.9B
Net Receivables	1.5B	1.2B	1.2B	2.0B	2.3B	1.5B
Short Term Investments	11.7M	11.9M	8.2M	11.1M	10.0M	8.5M
Inventory	177.2M	165.3M	173.0M	228.1M	262.3M	189.5M
Other Stockholder Equity	1K	981.7M	946.8M	1.5B	1.7B	1.8B
Total Liab	31.2B	32.5B	33.7B	21.8B	25.1B	30.4B
Total Current Assets	2.8B	3.9B	4.1B	4.8B	5.5B	4.0B
Intangible Assets	412.6M	210.4M	70.0M	13.1M	11.8M	11.2M
Property Plant Equipment	26.4B	22.0B	20.7B	21.0B	18.9B	19.1B
Other Current Liab	866.1M	337.0M	290.1M	1.5B	1.3B	680.7M
Other Liab	90.1M	37.9M	43.2M	32.8M	29.5M	28.0M
Net Tangible Assets	(3.9B)	4.2B	3.1B	1.8B	2.0B	1.6B
Retained Earnings	(5.5B)	(8.4B)	3.0B	1.9B	2.2B	2.3B
Accounts Payable	97.4M	339.2M	532.4M	552.1M	634.9M	429.7M

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Additional Tools for Solstad Stock Analysis

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

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Solstad Intangible Assets vs Common Stock Analysis

Intangible Assets vs Common Stock

Intangible Assets vs Common Stock Correlation Analysis

Correlation Coefficient

Intangible Assets

Common Stock

Solstad Offshore fundamental ratios Correlations

Solstad Offshore Account Relationship Matchups

High Positive Relationship

High Negative Relationship

Solstad Offshore fundamental ratios Accounts

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Additional Tools for Solstad Stock Analysis

COMMON DESTINATIONS

MAIN CATEGORIES

COMPANY

Cash And Short Term Investments	+ 1.0	Cash
Inventory	+ 0.98	Net Receivables
Long Term Debt	+ 0.97	Short Long Term Debt Total
Retained Earnings	+ 0.96	Total Stockholder Equity
Total Liab	+ 0.92	Total Assets
Long Term Debt	+ 0.88	Total Stockholder Equity

Net Tangible Assets	- 0.92	Total Current Liabilities
Total Stockholder Equity	- 0.92	Total Current Liabilities
Retained Earnings	- 0.88	Total Current Liabilities
Total Current Assets	- 0.85	Other Assets
Capital Surpluse	- 0.84	Cash And Short Term Investments
Capital Surpluse	- 0.84	Cash