Oceaneering Income Quality vs Pb Ratio Analysis

OII Stock  USD 29.98  0.19  0.64%   
Oceaneering International financial indicator trend analysis is much more than just breaking down Oceaneering International prevalent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Oceaneering International is a good investment. Please check the relationship between Oceaneering International Income Quality and its Pb Ratio accounts. Check out Your Equity Center to better understand how to build diversified portfolios, which includes a position in Oceaneering International. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in gross domestic product.
For more detail on how to invest in Oceaneering Stock please use our How to Invest in Oceaneering International guide.

Income Quality vs Pb Ratio

Income Quality vs Pb Ratio Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Oceaneering International Income Quality account and Pb Ratio. At this time, the significance of the direction appears to have no relationship.
The correlation between Oceaneering International's Income Quality and Pb Ratio is 0.07. Overlapping area represents the amount of variation of Income Quality that can explain the historical movement of Pb Ratio in the same time period over historical financial statements of Oceaneering International, assuming nothing else is changed. The correlation between historical values of Oceaneering International's Income Quality and Pb Ratio is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Income Quality of Oceaneering International are associated (or correlated) with its Pb Ratio. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Pb Ratio has no effect on the direction of Income Quality i.e., Oceaneering International's Income Quality and Pb Ratio go up and down completely randomly.

Correlation Coefficient

0.07
Relationship DirectionPositive 
Relationship StrengthInsignificant

Income Quality

An assessment of the sustainability of a company's earnings over time, considering factors like revenue source diversification and cost structure.

Pb Ratio

Most indicators from Oceaneering International's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Oceaneering International 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 Your Equity Center to better understand how to build diversified portfolios, which includes a position in Oceaneering International. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in gross domestic product.
For more detail on how to invest in Oceaneering Stock please use our How to Invest in Oceaneering International guide.As of now, Oceaneering International's Tax Provision is decreasing as compared to previous years. The Oceaneering International's current Sales General And Administrative To Revenue is estimated to increase to 0.12, while Selling General Administrative is projected to decrease to under 143.7 M.
 2021 2022 2023 2024 (projected)
Interest Expense38.8M38.2M36.5M38.3M
Depreciation And Amortization139.7M121.0M105.0M97.3M

Oceaneering International fundamental ratios Correlations

0.450.770.580.860.950.250.970.20.950.570.20.880.710.490.830.05-0.240.61-0.020.90.70.370.730.410.06
0.450.360.570.090.320.710.510.770.320.020.770.370.560.820.20.13-0.770.860.490.56-0.030.51-0.020.460.23
0.770.360.590.610.710.130.710.220.660.440.220.80.550.40.730.16-0.210.540.090.810.550.410.390.270.15
0.580.570.590.450.540.220.450.370.450.30.370.70.860.40.680.1-0.20.70.630.670.250.920.150.12-0.19
0.860.090.610.450.93-0.110.8-0.240.930.56-0.250.760.580.030.88-0.10.20.2-0.230.610.820.190.890.14-0.17
0.950.320.710.540.930.160.90.010.970.510.00.820.620.330.88-0.05-0.080.47-0.110.780.820.250.850.36-0.1
0.250.710.130.22-0.110.160.380.710.21-0.040.720.070.180.84-0.18-0.11-0.90.740.220.26-0.140.210.010.450.11
0.970.510.710.450.80.90.380.280.940.480.290.770.620.560.690.03-0.390.61-0.050.840.650.240.750.460.11
0.20.770.220.37-0.240.010.710.280.03-0.231.00.080.40.88-0.110.29-0.910.830.660.42-0.190.45-0.260.440.37
0.950.320.660.450.930.970.210.940.030.550.030.770.60.360.79-0.07-0.130.45-0.180.740.780.20.870.37-0.05
0.570.020.440.30.560.51-0.040.48-0.230.55-0.220.710.390.090.480.10.140.19-0.290.520.180.30.40.120.08
0.20.770.220.37-0.250.00.720.291.00.03-0.220.090.40.88-0.120.28-0.920.830.650.42-0.20.45-0.270.440.38
0.880.370.80.70.760.820.070.770.080.770.710.090.770.310.830.04-0.050.520.040.90.470.560.490.140.04
0.710.560.550.860.580.620.180.620.40.60.390.40.770.430.670.17-0.210.670.470.760.30.80.310.20.12
0.490.820.40.40.030.330.840.560.880.360.090.880.310.430.110.18-0.940.930.360.60.050.370.040.650.34
0.830.20.730.680.880.88-0.180.69-0.110.790.48-0.120.830.670.110.040.190.350.060.740.790.410.660.19-0.19
0.050.130.160.1-0.1-0.05-0.110.030.29-0.070.10.280.040.170.180.04-0.150.180.40.21-0.060.17-0.150.370.59
-0.24-0.77-0.21-0.20.2-0.08-0.9-0.39-0.91-0.130.14-0.92-0.05-0.21-0.940.19-0.15-0.81-0.39-0.370.16-0.230.12-0.54-0.32
0.610.860.540.70.20.470.740.610.830.450.190.830.520.670.930.350.18-0.810.530.720.140.640.090.550.19
-0.020.490.090.63-0.23-0.110.22-0.050.66-0.18-0.290.650.040.470.360.060.4-0.390.530.23-0.220.74-0.360.06-0.07
0.90.560.810.670.610.780.260.840.420.740.520.420.90.760.60.740.21-0.370.720.230.470.540.420.40.21
0.7-0.030.550.250.820.82-0.140.65-0.190.780.18-0.20.470.30.050.79-0.060.160.14-0.220.47-0.060.810.3-0.16
0.370.510.410.920.190.250.210.240.450.20.30.450.560.80.370.410.17-0.230.640.740.54-0.06-0.13-0.01-0.11
0.73-0.020.390.150.890.850.010.75-0.260.870.4-0.270.490.310.040.66-0.150.120.09-0.360.420.81-0.130.31-0.2
0.410.460.270.120.140.360.450.460.440.370.120.440.140.20.650.190.37-0.540.550.060.40.3-0.010.310.46
0.060.230.15-0.19-0.17-0.10.110.110.37-0.050.080.380.040.120.34-0.190.59-0.320.19-0.070.21-0.16-0.11-0.20.46
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Oceaneering International Account Relationship Matchups

Oceaneering International fundamental ratios Accounts

201920202021202220232024 (projected)
Total Assets2.7B2.0B2.0B2.0B2.2B1.4B
Short Long Term Debt Total816.4M824.0M720.8M720.6M848.7M891.1M
Other Current Liab317.8M274.1M271.9M242.9M277.7M171.0M
Total Current Liabilities601.0M437.1M501.2M568.4M732.5M769.1M
Total Stockholder Equity1.1B558.2M511.0M525.8M628.0M711.5M
Property Plant And Equipment Net776.5M591.1M489.6M438.4M761.8M537.5M
Net Debt422.9M353.2M164.0M151.8M387.1M406.4M
Retained Earnings1.9B1.4B1.3B1.3B1.4B842.9M
Cash373.7M452.0M538.1M568.7M461.6M484.6M
Non Current Assets Total1.5B875.6M774.9M734.6M933.3M768.4M
Non Currrent Assets Other719.7M284.5M285.3M220.3M59.6M56.6M
Cash And Short Term Investments383.8M462.2M538.1M568.7M461.6M484.6M
Net Receivables642.6M518.2M427.8M481.4M565.8M324.6M
Common Stock Shares Outstanding98.9M99.2M99.7M101.4M102.2M107.9M
Liabilities And Stockholders Equity2.7B2.0B2.0B2.0B2.2B1.4B
Non Current Liabilities Total1.1B1.1B950.7M937.5M872.4M916.1M
Inventory174.7M141.2M153.7M184.4M209.8M181.1M
Other Current Assets43.2M48.6M649.9M56.2M68.5M63.7M
Other Stockholder Equity(468.4M)(461.5M)(452.1M)(449.7M)(442.6M)(420.5M)
Total Liab1.7B1.5B1.5B1.5B1.6B1.7B
Property Plant And Equipment Gross939.8M591.1M2.5B2.4B2.6B2.8B
Total Current Assets1.2B1.2B1.2B1.3B1.3B657.7M
Accumulated Other Comprehensive Income(334.1M)(359.3M)(366.5M)(386.1M)(382.3M)(363.2M)
Short Term Debt19.9M18.8M18.8M19.6M78.1M74.2M
Accounts Payable145.9M94.2M122.3M148.0M156.1M163.9M
Intangible Assets25.8M14.3M12.6M11.5M21.2M20.1M
Other Liab106.8M245.3M248.6M84.7M97.3M113.1M
Other Assets87.7M284.5M285.3M60.5M1.00.95
Long Term Debt796.5M805.3M702.1M701.0M477.1M413.0M
Good Will405.1M35.0M34.9M34.3M34.2M32.5M
Treasury Stock(704.1M)(681.6M)(660.0M)(631.8M)(568.6M)(540.2M)
Property Plant Equipment776.5M591.1M489.6M438.4M504.2M778.6M
Current Deferred Revenue117.3M50.0M88.2M113.0M164.6M101.3M
Net Tangible Assets825.3M673.2M663.5M671.6M604.4M878.4M
Retained Earnings Total Equity1.9B1.4B1.3B1.3B1.5B1.8B
Capital Surpluse207.1M192.5M173.6M155.9M140.3M165.2M
Long Term Investments37.9M34.2M30.5M30.0M30.5M39.0M

Currently Active Assets on Macroaxis

When determining whether Oceaneering International offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of Oceaneering International'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 Oceaneering International Stock. Outlined below are crucial reports that will aid in making a well-informed decision on Oceaneering International Stock:
Check out Your Equity Center to better understand how to build diversified portfolios, which includes a position in Oceaneering International. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in gross domestic product.
For more detail on how to invest in Oceaneering Stock please use our How to Invest in Oceaneering International guide.
You can also try the Sign In To Macroaxis module to sign in to explore Macroaxis' wealth optimization platform and fintech modules.
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 Oceaneering International. If investors know Oceaneering 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 Oceaneering International 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
0.379
Earnings Share
1.32
Revenue Per Share
25.723
Quarterly Revenue Growth
0.07
Return On Assets
0.0578
The market value of Oceaneering International is measured differently than its book value, which is the value of Oceaneering that is recorded on the company's balance sheet. Investors also form their own opinion of Oceaneering International's value that differs from its market value or its book value, called intrinsic value, which is Oceaneering International'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 Oceaneering International's market value can be influenced by many factors that don't directly affect Oceaneering International'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 Oceaneering International's value and its price as these two are different measures arrived at by different means. Investors typically determine if Oceaneering International is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Oceaneering International'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.