Solstad Retained Earnings vs Short Long Term Debt Total 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 Retained Earnings and its Short Long Term Debt Total 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.

Retained Earnings vs Short Long Term Debt Total

Retained Earnings vs Short Long Term Debt Total Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Solstad Offshore ASA Retained Earnings account and Short Long Term Debt Total. At this time, the significance of the direction appears to have strong relationship.

The correlation between Solstad Offshore's Retained Earnings and Short Long Term Debt Total is 0.67. Overlapping area represents the amount of variation of Retained Earnings that can explain the historical movement of Short Long Term Debt Total 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 Retained Earnings and Short Long Term Debt Total is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Retained Earnings of Solstad Offshore ASA are associated (or correlated) with its Short Long Term Debt Total. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Short Long Term Debt Total has no effect on the direction of Retained Earnings i.e., Solstad Offshore's Retained Earnings and Short Long Term Debt Total go up and down completely randomly.

Correlation Coefficient

0.67

Relationship Direction	Positive
Relationship Strength	Significant

View All Relationships

Retained Earnings

The cumulative amount of net income that a company retains for reinvestment in its operations, rather than distributing it to shareholders as dividends.

Short Long Term Debt Total

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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Solstad Retained Earnings vs Short Long Term Debt Total Analysis

Retained Earnings vs Short Long Term Debt Total

Retained Earnings vs Short Long Term Debt Total Correlation Analysis

Correlation Coefficient

Retained Earnings

Short Long Term Debt Total

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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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