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 Direction | Positive |
Relationship Strength | Strong |
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 Profit | 922M | 1.2B | 1.4B | 1.1B | Total Revenue | 3.7B | 4.9B | 5.0B | 3.9B |
SBM Offshore fundamental ratios Correlations
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SBM Offshore Account Relationship Matchups
High Positive Relationship
High Negative Relationship
SBM Offshore fundamental ratios Accounts
2019 | 2020 | 2021 | 2022 | 2023 | 2024 (projected) | ||
Total Assets | 10.3B | 11.1B | 13.2B | 15.9B | 17.2B | 13.9B | |
Other Current Liab | 873M | 1.1B | 1.2B | 1.7B | 1M | 950K | |
Total Current Liabilities | 1.7B | 2.6B | 3.2B | 3.6B | 2.8B | 2.9B | |
Total Stockholder Equity | 2.7B | 2.6B | 2.6B | 3.4B | 3.7B | 3.2B | |
Other Liab | 617M | 664M | 549M | 499M | 449.1M | 459.2M | |
Net Tangible Assets | 2.7B | 2.5B | 2.5B | 3.3B | 3.8B | 3.0B | |
Net Debt | 4.2B | 5.1B | 6.6B | 7.8B | 8.7B | 6.4B | |
Retained Earnings | 1.9B | 1.8B | 1.9B | 2.2B | 2.5B | 2.1B | |
Accounts Payable | 143M | 131M | 151M | 204M | 254M | 176.2M | |
Cash | 506M | 414M | 1.0B | 682M | 543M | 523.2M | |
Non Current Assets Total | 7.9B | 7.2B | 6.8B | 6.8B | 7.8B | 6.0B | |
Other Assets | 6.6B | 6.4B | 6.0B | 6.1B | 5.5B | 5.0B | |
Long Term Debt | 4.2B | 4.3B | 5.9B | 6.8B | 8.1B | 5.9B | |
Net Receivables | 1.7B | 3.1B | 5.2B | 8.1B | 200M | 190M | |
Common Stock Shares Outstanding | 198.7M | 188.7M | 180.7M | 178.1M | 179.0M | 152.4M | |
Non Current Liabilities Total | 4.9B | 5.1B | 6.5B | 7.4B | 8.8B | 6.6B | |
Inventory | 8M | 143M | 14M | 25M | 148M | 155.4M | |
Other Current Assets | 38M | 99M | 56M | 144M | 3M | 2.9M | |
Other Stockholder Equity | (238M) | (296M) | (347M) | 205M | 235.8M | 247.5M | |
Total Liab | 6.7B | 7.6B | 9.7B | 11.0B | 11.6B | 9.5B | |
Net Invested Capital | 7.5B | 8.1B | 10.2B | 11.9B | 12.9B | 10.3B | |
Short Long Term Debt | 580M | 1.2B | 1.8B | 1.7B | 1.1B | 1.3B | |
Total Current Assets | 2.4B | 3.8B | 6.4B | 9.1B | 9.4B | 5.7B | |
Net Working Capital | 648M | 1.3B | 3.2B | 5.5B | 6.6B | 6.9B | |
Intangible Assets | 23M | 50M | 86M | 117M | 153M | 160.7M | |
Common Stock | 56M | 58M | 51M | 48M | 43.2M | 44.5M | |
Property Plant Equipment | 1.0B | 542M | 396M | 314M | 282.6M | 268.5M | |
Capital Lease Obligations | 173M | 71M | 56M | 46M | 85M | 82.5M | |
Capital Stock | 56M | 58M | 51M | 48M | 50M | 42.9M | |
Non Current Liabilities Other | 123M | 102M | 133M | 127M | 96M | 106.7M |
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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.