Offshore Historical Balance Sheet

600583 Stock   5.33  0.05  0.95%   
Trend analysis of Offshore Oil Engineering balance sheet accounts such as Other Current Liab of 493.4 M, Total Current Liabilities of 16.4 B or Total Stockholder Equity of 14 B provides information on Offshore Oil's total assets, liabilities, and equity, which is the actual value of Offshore Oil Engineering to its prevalent stockholders. By breaking down trends over time using Offshore Oil balance sheet statements, investors will see what precisely the company owns and what it owes to creditors or other parties at the end of each accounting year.

Offshore Oil Inventory

1.47 Billion

  
Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in Offshore Oil Engineering. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in nation.

About Offshore Balance Sheet Analysis

Balance Sheet is a snapshot of the financial position of Offshore Oil Engineering at a specified time, usually calculated after every quarter, six months, or one year. Offshore Oil Balance Sheet has two main parts: assets and liabilities. Liabilities are the debts or obligations of Offshore Oil 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 Offshore currently owns. An asset can also be divided into two categories, current and non-current.

Offshore Oil Balance Sheet Chart

At present, Offshore Oil's Total Current Liabilities is projected to increase significantly based on the last few years of reporting. The current year's Accounts Payable is expected to grow to about 13.2 B, whereas Total Assets are forecasted to decline to about 22 B.

Total Assets

Total assets refers to the total amount of Offshore Oil assets owned. Assets are items that have some economic value and are expended over time to create a benefit for the owner. These assets are usually recorded in Offshore Oil Engineering books under different categories such as cash, marketable securities, accounts receivable,prepaid expenses, inventory, fixed assets, intangible assets, other assets, marketable securities, accounts receivable, prepaid expenses and others. The total value of all owned resources that are expected to provide future economic benefits to the business, including cash, investments, accounts receivable, inventory, property, plant, equipment, and intangible assets.

Total Current Liabilities

Total Current Liabilities is an item on Offshore Oil balance sheet that include short term debt, accounts payable, accrued salaries payable, payroll taxes payable, accrued liabilities and other debts. Total Current Liabilities of Offshore Oil Engineering are important to investors because some useful performance ratios such as Current Ratio and Quick Ratio require Total Current Liabilities to be accurate. The total amount of liabilities that a company is expected to pay within one year, including debts, accounts payable, and other short-term financial obligations.

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.

Accounts Payable

An accounting item on the balance sheet that represents Offshore Oil obligation to pay off a short-term debt to its creditors. The accounts payable entry is usually reported under current liabilities. If accounts payable of Offshore Oil Engineering are not paid within the agreed terms, the payables are considered to be in default, which may trigger a penalty or interest payment, or the revocation of additional credit from the supplier. Accounts payable may also be considered a source of cash, since they represent funds being borrowed from suppliers. Given these cash flow considerations, suppliers have a natural inclination to push for shorter payment terms, while creditors want to lengthen the payment terms. The amount a company owes to suppliers or vendors for products or services received but not yet paid for. It represents the company's short-term liabilities.

Net Tangible Assets

The total assets of a company minus any intangible assets such as patents, copyrights, and goodwill; it represents the physical assets of a company.
Most accounts from Offshore Oil's balance sheet are interrelated and interconnected. However, analyzing balance sheet accounts one by one will only give a small insight into Offshore Oil Engineering current financial condition. On the other hand, looking into the entire matrix of balance sheet accounts, 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 Offshore Oil Engineering. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in nation.
At present, Offshore Oil's Total Current Liabilities is projected to increase significantly based on the last few years of reporting. The current year's Accounts Payable is expected to grow to about 13.2 B, whereas Total Assets are forecasted to decline to about 22 B.
 2021 2022 2023 2024 (projected)
Other Current Liabilities2.0B3.4B519.4M493.4M
Total Assets34.7B42.6B43.3B22.0B

Offshore Oil balance sheet Correlations

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0.920.160.450.980.490.510.490.770.420.120.380.60.850.63-0.08-0.560.54-0.230.2-0.390.30.650.340.28-0.24
0.880.120.420.980.470.490.380.730.410.040.310.640.740.49-0.24-0.640.59-0.260.23-0.440.330.710.370.29-0.27
0.660.10.980.490.470.230.040.610.080.270.910.790.40.34-0.02-0.480.91-0.86-0.62-0.920.910.570.860.85-0.88
0.37-0.310.190.510.490.230.090.110.03-0.260.150.520.390.370.03-0.320.27-0.06-0.15-0.050.130.260.010.21-0.04
0.460.330.080.490.380.040.090.270.450.20.16-0.130.720.630.230.04-0.020.150.30.03-0.10.3-0.12-0.050.17
0.850.380.590.770.730.610.110.270.20.230.590.610.70.590.19-0.280.51-0.33-0.01-0.50.370.360.490.34-0.38
0.290.060.040.420.410.080.030.450.20.560.00.10.370.19-0.09-0.270.120.20.16-0.05-0.110.34-0.07-0.20.22
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0.640.350.960.380.310.910.150.160.590.00.310.660.490.560.34-0.160.73-0.77-0.62-0.750.780.30.780.71-0.79
0.650.060.750.60.640.790.52-0.130.610.1-0.060.660.360.32-0.07-0.50.84-0.64-0.49-0.720.710.490.680.69-0.65
0.880.340.440.850.740.40.390.720.70.370.230.490.360.910.35-0.20.31-0.130.16-0.220.160.380.230.17-0.13
0.750.420.410.630.490.340.370.630.590.190.20.560.320.910.660.130.15-0.110.02-0.090.10.040.20.13-0.11
0.10.370.08-0.08-0.24-0.020.030.230.19-0.090.210.34-0.070.350.660.69-0.350.19-0.160.31-0.26-0.65-0.14-0.20.18
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0.620.030.880.540.590.910.27-0.020.510.120.070.730.840.310.15-0.35-0.69-0.85-0.5-0.950.930.770.850.85-0.86
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0.050.27-0.610.20.23-0.62-0.150.3-0.010.16-0.02-0.62-0.490.160.02-0.160.05-0.50.580.55-0.65-0.05-0.44-0.710.58
-0.54-0.03-0.89-0.39-0.44-0.92-0.050.03-0.5-0.05-0.13-0.75-0.72-0.22-0.090.310.61-0.950.860.55-0.95-0.72-0.88-0.90.89
0.470.010.890.30.330.910.13-0.10.37-0.110.050.780.710.160.1-0.26-0.520.93-0.96-0.65-0.950.610.870.93-0.97
0.56-0.140.510.650.710.570.260.30.360.340.010.30.490.380.04-0.65-0.850.77-0.47-0.05-0.720.610.510.59-0.49
0.590.210.870.340.370.860.01-0.120.49-0.070.230.780.680.230.2-0.14-0.430.85-0.86-0.44-0.880.870.510.78-0.88
0.42-0.150.820.280.290.850.21-0.050.34-0.2-0.080.710.690.170.13-0.2-0.490.85-0.85-0.71-0.90.930.590.78-0.86
-0.45-0.11-0.87-0.24-0.27-0.88-0.040.17-0.380.22-0.06-0.79-0.65-0.13-0.110.180.41-0.860.990.580.89-0.97-0.49-0.88-0.86
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Offshore Oil Account Relationship Matchups

Offshore Oil balance sheet Accounts

201920202021202220232024 (projected)
Total Assets31.9B33.3B34.7B42.6B43.3B22.0B
Other Current Liab1.1B992.2M2.0B3.4B519.4M493.4M
Total Current Liabilities8.5B9.6B11.1B16.2B15.6B16.4B
Total Stockholder Equity22.7B22.7B22.7B23.7B24.8B14.0B
Retained Earnings13.5B13.6B13.7B14.8B14.0B7.5B
Accounts Payable6.9B7.5B8.5B11.7B12.5B13.2B
Cash1.7B1.6B1.2B2.1B4.3B4.5B
Other Assets589.3M512.2M527.5M465.0M534.7M355.6M
Net Receivables4.9B7.4B5.7B6.3B6.1B3.2B
Inventory5.1B1.0B1.2B1.3B982.8M1.5B
Other Current Assets4.8B316.2M674.4M2.5B1.2B866.8M
Total Liab9.2B10.6B11.9B17.0B16.5B17.3B
Intangible Assets1.1B1.1B1.1B2.3B2.2B2.3B
Property Plant Equipment11.4B11.3B11.7B13.9B16.0B9.7B
Other Liab473.6M567.0M283.7M597.1M686.7M608.2M
Long Term Debt246.9M436.2M475.1M159.6M220.0M209.0M
Net Tangible Assets21.5B21.5B21.6B21.4B19.3B17.4B
Other Stockholder Equity490.7M386.5M382.1M184.2M165.8M157.5M
Deferred Long Term Liab77.7M101.0M197.5M219.3M252.2M264.9M
Total Current Assets16.5B16.9B18.0B25.6B24.6B19.0B
Non Current Assets Total15.4B16.4B16.6B17.1B18.7B18.2B
Non Currrent Assets Other16.2B15.4B12.5B1.5B1.4B1.3B
Non Current Liabilities Total693.6M1.0B798.4M771.3M844.5M730.3M
Net Invested Capital22.9B23.3B23.2B24.2B25.0B25.9B
Non Current Liabilities Other265.3M328.5M91.1M338.1M341.7M247.7M
Net Working Capital8.0B7.2B7.0B9.4B9.0B8.7B

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Other Information on Investing in Offshore Stock

Balance Sheet is a snapshot of the financial position of Offshore Oil Engineering at a specified time, usually calculated after every quarter, six months, or one year. Offshore Oil Balance Sheet has two main parts: assets and liabilities. Liabilities are the debts or obligations of Offshore Oil 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 Offshore currently owns. An asset can also be divided into two categories, current and non-current.