Offshore Long Term Investments vs Long Term Debt Analysis

600583 Stock

5.33 0.05 0.95%

Offshore Oil financial indicator trend analysis is much more than just breaking down Offshore Oil Engineering prevalent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Offshore Oil Engineering is a good investment. Please check the relationship between Offshore Oil Long Term Investments and its Long Term Debt accounts. 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.

Long Term Investments vs Long Term Debt

Long Term Investments vs Long Term Debt Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Offshore Oil Engineering Long Term Investments account and Long Term Debt. At this time, the significance of the direction appears to have pay attention.

The correlation between Offshore Oil's Long Term Investments and Long Term Debt is -0.85. Overlapping area represents the amount of variation of Long Term Investments that can explain the historical movement of Long Term Debt in the same time period over historical financial statements of Offshore Oil Engineering, assuming nothing else is changed. The correlation between historical values of Offshore Oil's Long Term Investments and Long Term Debt is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Long Term Investments of Offshore Oil Engineering are associated (or correlated) with its Long Term Debt. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Long Term Debt has no effect on the direction of Long Term Investments i.e., Offshore Oil's Long Term Investments and Long Term Debt go up and down completely randomly.

Correlation Coefficient

-0.85

Relationship Direction	Negative
Relationship Strength	Significant

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Long Term Investments

Long Term Investments is an item on the asset side of Offshore Oil balance sheet that represents investments Offshore Oil Engineering intends to hold for over a year. Offshore Oil Engineering long term investments may include different instruments such as stocks, bonds, real estate and cash.

Long Term Debt

Long-term debt is a debt that Offshore Oil Engineering has held for over one year. Long-term debt appears on Offshore Oil Engineering balance sheet and also includes long-term leases. The most common forms of long term debt are bonds payable, long-term notes payable, mortgage payable, pension liabilities, and lease liabilities. In the corporate world, long-term debt is generally used to fund big-ticket items, such as machinery, buildings, and land. The total of long-term debt reported on Offshore Oil Engineering balance sheet is the sum of the balances of all categories of long-term debt. Debt that is not due within the current year and is often considered to be financing activities that are to be repaid over several years.

Most indicators from Offshore Oil's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators 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 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 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.

As of December 2, 2024, Selling General Administrative is expected to decline to about 78.9 M. In addition to that, Tax Provision is expected to decline to about 225.4 M

	2021	2022	2023	2024 (projected)
Operating Income	998.3M	1.0B	1.7B	1.3B
Total Revenue	19.8B	29.4B	30.8B	32.3B

Operating Income Total Revenue

Offshore Oil fundamental ratios Correlations

	Total Assets	Other Current Liab	Total Current Liabilities	Total Stockholder Equity	Retained Earnings	Accounts Payable	Cash	Other Assets	Net Receivables	Inventory	Other Current Assets	Total Liab	Intangible Assets	Common Stock	Property Plant Equipment	Other Liab	Long Term Debt	Short Term Investments	Good Will	Net Tangible Assets	Other Stockholder Equity	Deferred Long Term Liab	Long Term Investments	Total Current Assets	Non Current Assets Total	Non Currrent Assets Other
Total Assets		0.35	0.67	0.92	0.88	0.66	0.37	0.46	0.85	0.29	0.25	0.64	0.65	0.88	0.75	0.1	-0.44	0.62	-0.44	0.05	-0.54	0.47	0.56	0.59	0.42	-0.45
Other Current Liab	0.35		0.23	0.16	0.12	0.1	-0.31	0.33	0.38	0.06	0.22	0.35	0.06	0.34	0.42	0.37	0.28	0.03	-0.13	0.27	-0.03	0.01	-0.14	0.21	-0.15	-0.11
Total Current Liabilities	0.67	0.23		0.45	0.42	0.98	0.19	0.08	0.59	0.04	0.3	0.96	0.75	0.44	0.41	0.08	-0.42	0.88	-0.85	-0.61	-0.89	0.89	0.51	0.87	0.82	-0.87
Total Stockholder Equity	0.92	0.16	0.45		0.98	0.49	0.51	0.49	0.77	0.42	0.12	0.38	0.6	0.85	0.63	-0.08	-0.56	0.54	-0.23	0.2	-0.39	0.3	0.65	0.34	0.28	-0.24
Retained Earnings	0.88	0.12	0.42	0.98		0.47	0.49	0.38	0.73	0.41	0.04	0.31	0.64	0.74	0.49	-0.24	-0.64	0.59	-0.26	0.23	-0.44	0.33	0.71	0.37	0.29	-0.27
Accounts Payable	0.66	0.1	0.98	0.49	0.47		0.23	0.04	0.61	0.08	0.27	0.91	0.79	0.4	0.34	-0.02	-0.48	0.91	-0.86	-0.62	-0.92	0.91	0.57	0.86	0.85	-0.88
Cash	0.37	-0.31	0.19	0.51	0.49	0.23		0.09	0.11	0.03	-0.26	0.15	0.52	0.39	0.37	0.03	-0.32	0.27	-0.06	-0.15	-0.05	0.13	0.26	0.01	0.21	-0.04
Other Assets	0.46	0.33	0.08	0.49	0.38	0.04	0.09		0.27	0.45	0.2	0.16	-0.13	0.72	0.63	0.23	0.04	-0.02	0.15	0.3	0.03	-0.1	0.3	-0.12	-0.05	0.17
Net Receivables	0.85	0.38	0.59	0.77	0.73	0.61	0.11	0.27		0.2	0.23	0.59	0.61	0.7	0.59	0.19	-0.28	0.51	-0.33	-0.01	-0.5	0.37	0.36	0.49	0.34	-0.38
Inventory	0.29	0.06	0.04	0.42	0.41	0.08	0.03	0.45	0.2		0.56	0.0	0.1	0.37	0.19	-0.09	-0.27	0.12	0.2	0.16	-0.05	-0.11	0.34	-0.07	-0.2	0.22
Other Current Assets	0.25	0.22	0.3	0.12	0.04	0.27	-0.26	0.2	0.23	0.56		0.31	-0.06	0.23	0.2	0.21	-0.12	0.07	-0.06	-0.02	-0.13	0.05	0.01	0.23	-0.08	-0.06
Total Liab	0.64	0.35	0.96	0.38	0.31	0.91	0.15	0.16	0.59	0.0	0.31		0.66	0.49	0.56	0.34	-0.16	0.73	-0.77	-0.62	-0.75	0.78	0.3	0.78	0.71	-0.79
Intangible Assets	0.65	0.06	0.75	0.6	0.64	0.79	0.52	-0.13	0.61	0.1	-0.06	0.66		0.36	0.32	-0.07	-0.5	0.84	-0.64	-0.49	-0.72	0.71	0.49	0.68	0.69	-0.65
Common Stock	0.88	0.34	0.44	0.85	0.74	0.4	0.39	0.72	0.7	0.37	0.23	0.49	0.36		0.91	0.35	-0.2	0.31	-0.13	0.16	-0.22	0.16	0.38	0.23	0.17	-0.13
Property Plant Equipment	0.75	0.42	0.41	0.63	0.49	0.34	0.37	0.63	0.59	0.19	0.2	0.56	0.32	0.91		0.66	0.13	0.15	-0.11	0.02	-0.09	0.1	0.04	0.2	0.13	-0.11
Other Liab	0.1	0.37	0.08	-0.08	-0.24	-0.02	0.03	0.23	0.19	-0.09	0.21	0.34	-0.07	0.35	0.66		0.69	-0.35	0.19	-0.16	0.31	-0.26	-0.65	-0.14	-0.2	0.18
Long Term Debt	-0.44	0.28	-0.42	-0.56	-0.64	-0.48	-0.32	0.04	-0.28	-0.27	-0.12	-0.16	-0.5	-0.2	0.13	0.69		-0.69	0.4	0.05	0.61	-0.52	-0.85	-0.43	-0.49	0.41
Short Term Investments	0.62	0.03	0.88	0.54	0.59	0.91	0.27	-0.02	0.51	0.12	0.07	0.73	0.84	0.31	0.15	-0.35	-0.69		-0.85	-0.5	-0.95	0.93	0.77	0.85	0.85	-0.86
Good Will	-0.44	-0.13	-0.85	-0.23	-0.26	-0.86	-0.06	0.15	-0.33	0.2	-0.06	-0.77	-0.64	-0.13	-0.11	0.19	0.4	-0.85		0.58	0.86	-0.96	-0.47	-0.86	-0.85	0.99
Net Tangible Assets	0.05	0.27	-0.61	0.2	0.23	-0.62	-0.15	0.3	-0.01	0.16	-0.02	-0.62	-0.49	0.16	0.02	-0.16	0.05	-0.5	0.58		0.55	-0.65	-0.05	-0.44	-0.71	0.58
Other Stockholder Equity	-0.54	-0.03	-0.89	-0.39	-0.44	-0.92	-0.05	0.03	-0.5	-0.05	-0.13	-0.75	-0.72	-0.22	-0.09	0.31	0.61	-0.95	0.86	0.55		-0.95	-0.72	-0.88	-0.9	0.89
Deferred Long Term Liab	0.47	0.01	0.89	0.3	0.33	0.91	0.13	-0.1	0.37	-0.11	0.05	0.78	0.71	0.16	0.1	-0.26	-0.52	0.93	-0.96	-0.65	-0.95		0.61	0.87	0.93	-0.97
Long Term Investments	0.56	-0.14	0.51	0.65	0.71	0.57	0.26	0.3	0.36	0.34	0.01	0.3	0.49	0.38	0.04	-0.65	-0.85	0.77	-0.47	-0.05	-0.72	0.61		0.51	0.59	-0.49
Total Current Assets	0.59	0.21	0.87	0.34	0.37	0.86	0.01	-0.12	0.49	-0.07	0.23	0.78	0.68	0.23	0.2	-0.14	-0.43	0.85	-0.86	-0.44	-0.88	0.87	0.51		0.78	-0.88
Non Current Assets Total	0.42	-0.15	0.82	0.28	0.29	0.85	0.21	-0.05	0.34	-0.2	-0.08	0.71	0.69	0.17	0.13	-0.2	-0.49	0.85	-0.85	-0.71	-0.9	0.93	0.59	0.78		-0.86
Non Currrent Assets Other	-0.45	-0.11	-0.87	-0.24	-0.27	-0.88	-0.04	0.17	-0.38	0.22	-0.06	-0.79	-0.65	-0.13	-0.11	0.18	0.41	-0.86	0.99	0.58	0.89	-0.97	-0.49	-0.88	-0.86

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Offshore Oil Account Relationship Matchups

Offshore Oil fundamental ratios Accounts

	2019	2020	2021	2022	2023	2024 (projected)
Total Assets	31.9B	33.3B	34.7B	42.6B	43.3B	22.0B
Other Current Liab	1.1B	992.2M	2.0B	3.4B	519.4M	493.4M
Total Current Liabilities	8.5B	9.6B	11.1B	16.2B	15.6B	16.4B
Total Stockholder Equity	22.7B	22.7B	22.7B	23.7B	24.8B	14.0B
Retained Earnings	13.5B	13.6B	13.7B	14.8B	14.0B	7.5B
Accounts Payable	6.9B	7.5B	8.5B	11.7B	12.5B	13.2B
Cash	1.7B	1.6B	1.2B	2.1B	4.3B	4.5B
Other Assets	589.3M	512.2M	527.5M	465.0M	534.7M	355.6M
Net Receivables	4.9B	7.4B	5.7B	6.3B	6.1B	3.2B
Inventory	5.1B	1.0B	1.2B	1.3B	982.8M	1.5B
Other Current Assets	4.8B	316.2M	674.4M	2.5B	1.2B	866.8M
Total Liab	9.2B	10.6B	11.9B	17.0B	16.5B	17.3B
Intangible Assets	1.1B	1.1B	1.1B	2.3B	2.2B	2.3B
Property Plant Equipment	11.4B	11.3B	11.7B	13.9B	16.0B	9.7B
Other Liab	473.6M	567.0M	283.7M	597.1M	686.7M	608.2M
Long Term Debt	246.9M	436.2M	475.1M	159.6M	220.0M	209.0M
Net Tangible Assets	21.5B	21.5B	21.6B	21.4B	19.3B	17.4B
Other Stockholder Equity	490.7M	386.5M	382.1M	184.2M	165.8M	157.5M
Deferred Long Term Liab	77.7M	101.0M	197.5M	219.3M	252.2M	264.9M
Total Current Assets	16.5B	16.9B	18.0B	25.6B	24.6B	19.0B
Non Current Assets Total	15.4B	16.4B	16.6B	17.1B	18.7B	18.2B
Non Currrent Assets Other	16.2B	15.4B	12.5B	1.5B	1.4B	1.3B
Non Current Liabilities Total	693.6M	1.0B	798.4M	771.3M	844.5M	730.3M
Net Invested Capital	22.9B	23.3B	23.2B	24.2B	25.0B	25.9B
Non Current Liabilities Other	265.3M	328.5M	91.1M	338.1M	341.7M	247.7M
Net Working Capital	8.0B	7.2B	7.0B	9.4B	9.0B	8.7B

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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.

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Offshore Long Term Investments vs Long Term Debt Analysis

Long Term Investments vs Long Term Debt

Long Term Investments vs Long Term Debt Correlation Analysis

Correlation Coefficient

Long Term Investments

Long Term Debt

Offshore Oil fundamental ratios Correlations

Offshore Oil Account Relationship Matchups

High Positive Relationship

High Negative Relationship

Offshore Oil fundamental ratios Accounts

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Other Information on Investing in Offshore Stock

COMMON DESTINATIONS

MAIN CATEGORIES

COMPANY

Non Currrent Assets Other	+ 0.99	Good Will
Accounts Payable	+ 0.98	Total Current Liabilities
Retained Earnings	+ 0.98	Total Stockholder Equity
Total Liab	+ 0.96	Total Current Liabilities
Deferred Long Term Liab	+ 0.93	Short Term Investments
Non Current Assets Total	+ 0.93	Deferred Long Term Liab

Non Currrent Assets Other	- 0.97	Deferred Long Term Liab
Deferred Long Term Liab	- 0.96	Good Will
Deferred Long Term Liab	- 0.95	Other Stockholder Equity
Other Stockholder Equity	- 0.95	Short Term Investments
Other Stockholder Equity	- 0.92	Accounts Payable
Non Current Assets Total	- 0.9	Other Stockholder Equity