TechnipFMC Net Income vs Change To Netincome Analysis
FTI Stock | USD 31.00 0.12 0.39% |
TechnipFMC PLC financial indicator trend analysis is much more than just breaking down TechnipFMC PLC prevalent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether TechnipFMC PLC is a good investment. Please check the relationship between TechnipFMC PLC Net Income and its Change To Netincome accounts. Check out Investing Opportunities to better understand how to build diversified portfolios, which includes a position in TechnipFMC PLC. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in estimate. For more detail on how to invest in TechnipFMC Stock please use our How to Invest in TechnipFMC PLC guide.
Net Income vs Change To Netincome
Net Income vs Change To Netincome Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of TechnipFMC PLC Net Income account and Change To Netincome. At this time, the significance of the direction appears to have pay attention.
The correlation between TechnipFMC PLC's Net Income and Change To Netincome is -0.98. Overlapping area represents the amount of variation of Net Income that can explain the historical movement of Change To Netincome in the same time period over historical financial statements of TechnipFMC PLC, assuming nothing else is changed. The correlation between historical values of TechnipFMC PLC's Net Income and Change To Netincome is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Net Income of TechnipFMC PLC are associated (or correlated) with its Change To Netincome. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Change To Netincome has no effect on the direction of Net Income i.e., TechnipFMC PLC's Net Income and Change To Netincome go up and down completely randomly.
Correlation Coefficient | -0.98 |
Relationship Direction | Negative |
Relationship Strength | Significant |
Net Income
Net income is one of the most important fundamental items in finance. It plays a large role in TechnipFMC PLC financial statement analysis. It represents the amount of money remaining after all of TechnipFMC PLC operating expenses, interest, taxes and preferred stock dividends have been deducted from a company total revenue.Change To Netincome
Most indicators from TechnipFMC PLC's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into TechnipFMC PLC 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 Investing Opportunities to better understand how to build diversified portfolios, which includes a position in TechnipFMC PLC. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in estimate. For more detail on how to invest in TechnipFMC Stock please use our How to Invest in TechnipFMC PLC guide.As of now, TechnipFMC PLC's Enterprise Value Multiple is increasing as compared to previous years. The TechnipFMC PLC's current Enterprise Value is estimated to increase to about 8.7 B, while Selling General Administrative is projected to decrease to under 648 M.
2021 | 2022 | 2023 | 2024 (projected) | Cost Of Revenue | 6.4B | 6.5B | 6.5B | 8.5B | Income Tax Expense | 111.1M | 105.4M | 154.7M | 210.4M |
TechnipFMC PLC fundamental ratios Correlations
Click cells to compare fundamentals
TechnipFMC PLC Account Relationship Matchups
High Positive Relationship
High Negative Relationship
TechnipFMC PLC fundamental ratios Accounts
2019 | 2020 | 2021 | 2022 | 2023 | 2024 (projected) | ||
Total Assets | 23.4B | 19.7B | 10.0B | 9.4B | 9.7B | 12.7B | |
Short Long Term Debt Total | 4.5B | 4.3B | 2.1B | 1.4B | 2.0B | 3.4B | |
Total Stockholder Equity | 7.7B | 4.2B | 3.4B | 3.2B | 3.1B | 4.7B | |
Property Plant And Equipment Net | 3.2B | 3.6B | 2.6B | 2.4B | 3.1B | 2.2B | |
Net Debt | (714.8M) | 3.0B | 677.5M | 309.5M | 1.0B | 1.2B | |
Retained Earnings | (1.6B) | (4.9B) | (4.9B) | (5.0B) | (5.0B) | (4.7B) | |
Cash | 5.2B | 1.3B | 1.3B | 1.1B | 951.7M | 904.1M | |
Non Current Assets Total | 11.6B | 8.2B | 4.7B | 4.5B | 4.5B | 6.5B | |
Non Currrent Assets Other | 1.2B | 3.5B | 901M | 987.2M | 318.3M | 334.2M | |
Other Assets | 592.5M | 1.8B | 1.3B | 206.2M | 237.1M | 225.3M | |
Cash And Short Term Investments | 5.2B | 1.3B | 1.6B | 1.1B | 962.1M | 914.0M | |
Net Receivables | 3.7B | 2.6B | 1.9B | 1.9B | 2.6B | 2.5B | |
Good Will | 7.6B | 5.6B | 2.5B | 140.9M | 162.0M | 153.9M | |
Common Stock Shares Outstanding | 448M | 448.7M | 454.6M | 449.5M | 452.3M | 474.9M | |
Liabilities And Stockholders Equity | 23.4B | 19.7B | 10.0B | 9.4B | 9.7B | 12.7B | |
Non Current Liabilities Total | 5.7B | 5.1B | 2.7B | 2.0B | 2.0B | 1.9B | |
Inventory | 1.4B | 1.3B | 1.0B | 1.0B | 1.2B | 1.9B | |
Other Stockholder Equity | 10.2B | 10.2B | 9.2B | 9.1B | 8.9B | 9.4B | |
Total Liab | 15.8B | 15.5B | 6.6B | 6.2B | 6.5B | 8.9B | |
Total Current Assets | 11.8B | 11.4B | 5.3B | 5.0B | 5.2B | 7.9B | |
Accumulated Other Comprehensive Income | (1.4B) | (1.6B) | (1.3B) | (1.3B) | (1.2B) | (1.2B) | |
Intangible Assets | 1.1B | 851.3M | 813.7M | 716M | 601.6M | 1.2B | |
Common Stock | 447.1M | 449.5M | 450.7M | 442.2M | 432.9M | 229.4M | |
Other Current Liab | 2.4B | 7.3B | 1.3B | 1.4B | 1.2B | 1.1B | |
Other Liab | 989.5M | 1.7B | 1.0B | 256.9M | 231.2M | 219.6M | |
Accounts Payable | 2.6B | 1.2B | 1.3B | 1.3B | 1.4B | 2.3B | |
Other Current Assets | 1.5B | 6.2B | 787M | 943.8M | 535.8M | 509.0M | |
Property Plant Equipment | 4.1B | 2.9B | 2.6B | 3.2B | 3.7B | 2.4B | |
Total Current Liabilities | 10.1B | 10.4B | 3.9B | 4.2B | 4.5B | 7.1B | |
Long Term Debt | 4.0B | 3.3B | 1.7B | 999.3M | 913.5M | 867.8M | |
Short Term Debt | 495.4M | 847.1M | 277.6M | 367.3M | 300.2M | 525.8M | |
Common Stock Total Equity | 447.1M | 449.5M | 450.7M | 442.2M | 508.5M | 534.0M | |
Property Plant And Equipment Gross | 4.1B | 3.9B | 2.6B | 5.5B | 5.6B | 2.9B | |
Current Deferred Revenue | 4.6B | 1.0B | 1.0B | 1.2B | 1.5B | 2.0B | |
Net Tangible Assets | 974.4M | 704.3M | 2.6B | 3.2B | 3.7B | 3.9B | |
Long Term Investments | 300.4M | 394.8M | 292.4M | 325M | 274.4M | 321.4M | |
Short Long Term Debt | 495.4M | 636.2M | 277.6M | 367.3M | 153.8M | 146.1M | |
Noncontrolling Interest In Consolidated Entity | 28.8M | 60.1M | 15.7M | 36.5M | 42.0M | 30.5M |
Currently Active Assets on Macroaxis
When determining whether TechnipFMC PLC offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of TechnipFMC PLC's financial statements, including income statements, balance sheets, and cash flow statements, to assess its financial health. Key financial ratios are used to gauge profitability, efficiency, and growth potential of Technipfmc Plc Stock. Outlined below are crucial reports that will aid in making a well-informed decision on Technipfmc Plc Stock:Check out Investing Opportunities to better understand how to build diversified portfolios, which includes a position in TechnipFMC PLC. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in estimate. For more detail on how to invest in TechnipFMC Stock please use our How to Invest in TechnipFMC PLC guide.You can also try the Portfolio Backtesting module to avoid under-diversification and over-optimization by backtesting your portfolios.
Is Oil & Gas Equipment & Services space expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of TechnipFMC PLC. If investors know TechnipFMC will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about TechnipFMC PLC listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Quarterly Earnings Growth 2.15 | Dividend Share 0.2 | Earnings Share 1.51 | Revenue Per Share 20.37 | Quarterly Revenue Growth 0.142 |
The market value of TechnipFMC PLC is measured differently than its book value, which is the value of TechnipFMC that is recorded on the company's balance sheet. Investors also form their own opinion of TechnipFMC PLC's value that differs from its market value or its book value, called intrinsic value, which is TechnipFMC PLC's true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because TechnipFMC PLC's market value can be influenced by many factors that don't directly affect TechnipFMC PLC's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between TechnipFMC PLC's value and its price as these two are different measures arrived at by different means. Investors typically determine if TechnipFMC PLC is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, TechnipFMC PLC's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.