SBM Non Current Liabilities Total vs Retained Earnings Analysis

0NIS Stock   17.13  0.18  1.04%   
SBM Offshore financial indicator trend analysis is much more than just breaking down SBM Offshore NV prevalent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether SBM Offshore NV is a good investment. Please check the relationship between SBM Offshore Non Current Liabilities Total and its Retained Earnings accounts. Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in SBM Offshore NV. 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.

Non Current Liabilities Total vs Retained Earnings

Non Current Liabilities Total vs Retained Earnings Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of SBM Offshore NV Non Current Liabilities Total account and Retained Earnings. At this time, the significance of the direction appears to have very strong relationship.
The correlation between SBM Offshore's Non Current Liabilities Total and Retained Earnings is 0.88. Overlapping area represents the amount of variation of Non Current Liabilities Total that can explain the historical movement of Retained Earnings in the same time period over historical financial statements of SBM Offshore NV, assuming nothing else is changed. The correlation between historical values of SBM Offshore's Non Current Liabilities Total and Retained Earnings is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Non Current Liabilities Total of SBM Offshore NV are associated (or correlated) with its Retained Earnings. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Retained Earnings has no effect on the direction of Non Current Liabilities Total i.e., SBM Offshore's Non Current Liabilities Total and Retained Earnings go up and down completely randomly.

Correlation Coefficient

0.88
Relationship DirectionPositive 
Relationship StrengthStrong

Non Current Liabilities Total

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.
Most indicators from SBM Offshore's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into SBM Offshore NV 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 SBM Offshore NV. 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 expected to rise to about (23.8 M) this year. The value of Selling General Administrative is expected to slide to about 194.4 M
 2021 2022 2023 2024 (projected)
Gross Profit922M1.2B1.4B1.1B
Total Revenue3.7B4.9B5.0B3.9B

SBM Offshore fundamental ratios Correlations

-0.410.740.92-0.790.890.990.840.89-0.06-0.520.87-0.630.990.27-0.74-0.550.990.44-0.220.670.99-0.771.00.460.99
-0.410.1-0.540.55-0.53-0.36-0.5-0.50.450.27-0.420.76-0.450.720.550.87-0.48-0.670.87-0.48-0.350.22-0.390.26-0.29
0.740.10.45-0.440.380.80.420.430.29-0.580.67-0.380.690.64-0.59-0.220.660.060.320.40.81-0.840.760.920.78
0.92-0.540.45-0.810.990.850.90.96-0.33-0.460.78-0.620.910.08-0.71-0.620.920.58-0.380.740.86-0.540.890.10.88
-0.790.55-0.44-0.81-0.78-0.71-0.64-0.77-0.070.53-0.880.85-0.790.050.680.71-0.79-0.470.51-0.79-0.750.47-0.77-0.13-0.74
0.89-0.530.380.99-0.780.830.880.95-0.34-0.340.72-0.550.90.05-0.61-0.550.910.55-0.380.710.83-0.50.860.030.85
0.99-0.360.80.85-0.710.830.810.84-0.02-0.50.85-0.570.980.32-0.72-0.490.970.39-0.150.591.0-0.820.990.560.98
0.84-0.50.420.9-0.640.880.810.96-0.31-0.60.75-0.520.860.19-0.8-0.560.880.62-0.440.410.81-0.560.830.110.85
0.89-0.50.430.96-0.770.950.840.96-0.25-0.520.79-0.580.90.15-0.73-0.560.920.64-0.450.540.85-0.580.870.070.89
-0.060.450.29-0.33-0.07-0.34-0.02-0.31-0.250.030.220.08-0.030.390.210.38-0.07-0.570.19-0.280.03-0.02-0.020.440.01
-0.520.27-0.58-0.460.53-0.34-0.5-0.6-0.520.03-0.680.67-0.49-0.30.920.65-0.49-0.530.24-0.29-0.550.6-0.52-0.41-0.55
0.87-0.420.670.78-0.880.720.850.750.790.22-0.68-0.750.880.24-0.8-0.630.870.31-0.390.580.88-0.60.880.440.86
-0.630.76-0.38-0.620.85-0.55-0.57-0.52-0.580.080.67-0.75-0.620.310.80.93-0.63-0.650.64-0.68-0.610.55-0.61-0.17-0.55
0.99-0.450.690.91-0.790.90.980.860.9-0.03-0.490.88-0.620.22-0.72-0.541.00.44-0.290.620.98-0.750.990.420.98
0.270.720.640.080.050.050.320.190.150.39-0.30.240.310.22-0.120.430.19-0.320.68-0.130.34-0.330.290.620.4
-0.740.55-0.59-0.710.68-0.61-0.72-0.8-0.730.210.92-0.80.8-0.72-0.120.82-0.74-0.650.42-0.49-0.750.69-0.74-0.36-0.73
-0.550.87-0.22-0.620.71-0.55-0.49-0.56-0.560.380.65-0.630.93-0.540.430.82-0.57-0.70.69-0.66-0.510.42-0.53-0.02-0.45
0.99-0.480.660.92-0.790.910.970.880.92-0.07-0.490.87-0.631.00.19-0.74-0.570.48-0.330.610.98-0.740.990.380.97
0.44-0.670.060.58-0.470.550.390.620.64-0.57-0.530.31-0.650.44-0.32-0.65-0.70.48-0.580.350.4-0.510.41-0.20.41
-0.220.870.32-0.380.51-0.38-0.15-0.44-0.450.190.24-0.390.64-0.290.680.420.69-0.33-0.58-0.19-0.17-0.01-0.20.47-0.13
0.67-0.480.40.74-0.790.710.590.410.54-0.28-0.290.58-0.680.62-0.13-0.49-0.660.610.35-0.190.6-0.360.630.120.57
0.99-0.350.810.86-0.750.831.00.810.850.03-0.550.88-0.610.980.34-0.75-0.510.980.4-0.170.6-0.821.00.560.99
-0.770.22-0.84-0.540.47-0.5-0.82-0.56-0.58-0.020.6-0.60.55-0.75-0.330.690.42-0.74-0.51-0.01-0.36-0.82-0.79-0.71-0.8
1.0-0.390.760.89-0.770.860.990.830.87-0.02-0.520.88-0.610.990.29-0.74-0.530.990.41-0.20.631.0-0.790.510.99
0.460.260.920.1-0.130.030.560.110.070.44-0.410.44-0.170.420.62-0.36-0.020.38-0.20.470.120.56-0.710.510.51
0.99-0.290.780.88-0.740.850.980.850.890.01-0.550.86-0.550.980.4-0.73-0.450.970.41-0.130.570.99-0.80.990.51
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SBM Offshore Account Relationship Matchups

SBM Offshore fundamental ratios Accounts

201920202021202220232024 (projected)
Total Assets10.3B11.1B13.2B15.9B17.2B13.9B
Other Current Liab873M1.1B1.2B1.7B1M950K
Total Current Liabilities1.7B2.6B3.2B3.6B2.8B2.9B
Total Stockholder Equity2.7B2.6B2.6B3.4B3.7B3.2B
Other Liab617M664M549M499M449.1M459.2M
Net Tangible Assets2.7B2.5B2.5B3.3B3.8B3.0B
Net Debt4.2B5.1B6.6B7.8B8.7B6.4B
Retained Earnings1.9B1.8B1.9B2.2B2.5B2.1B
Accounts Payable143M131M151M204M254M176.2M
Cash506M414M1.0B682M543M523.2M
Non Current Assets Total7.9B7.2B6.8B6.8B7.8B6.0B
Other Assets6.6B6.4B6.0B6.1B5.5B5.0B
Long Term Debt4.2B4.3B5.9B6.8B8.1B5.9B
Net Receivables1.7B3.1B5.2B8.1B200M190M
Common Stock Shares Outstanding198.7M188.7M180.7M178.1M179.0M152.4M
Non Current Liabilities Total4.9B5.1B6.5B7.4B8.8B6.6B
Inventory8M143M14M25M148M155.4M
Other Current Assets38M99M56M144M3M2.9M
Other Stockholder Equity(238M)(296M)(347M)205M235.8M247.5M
Total Liab6.7B7.6B9.7B11.0B11.6B9.5B
Net Invested Capital7.5B8.1B10.2B11.9B12.9B10.3B
Short Long Term Debt580M1.2B1.8B1.7B1.1B1.3B
Total Current Assets2.4B3.8B6.4B9.1B9.4B5.7B
Net Working Capital648M1.3B3.2B5.5B6.6B6.9B
Intangible Assets23M50M86M117M153M160.7M
Common Stock56M58M51M48M43.2M44.5M
Property Plant Equipment1.0B542M396M314M282.6M268.5M
Capital Lease Obligations173M71M56M46M85M82.5M
Capital Stock56M58M51M48M50M42.9M
Non Current Liabilities Other123M102M133M127M96M106.7M

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Other Information on Investing in SBM Stock

Balance Sheet is a snapshot of the financial position of SBM Offshore NV at a specified time, usually calculated after every quarter, six months, or one year. SBM Offshore Balance Sheet has two main parts: assets and liabilities. Liabilities are the debts or obligations of SBM Offshore and are divided into current liabilities and long term liabilities. An asset, on the other hand, is anything of value that can be converted into cash and which SBM currently owns. An asset can also be divided into two categories, current and non-current.