SFL Capital Stock vs Net Tangible Assets Analysis

SFL Stock  USD 10.52  0.02  0.19%   
SFL financial indicator trend analysis is much more than just breaking down SFL Corporation prevalent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether SFL Corporation is a good investment. Please check the relationship between SFL Capital Stock and its Net Tangible Assets accounts. Check out World Market Map to better understand how to build diversified portfolios, which includes a position in SFL Corporation. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in census.

Capital Stock vs Net Tangible Assets

Capital Stock vs Net Tangible Assets Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of SFL Corporation Capital Stock account and Net Tangible Assets. At this time, the significance of the direction appears to have strong contrarian relationship.
The correlation between SFL's Capital Stock and Net Tangible Assets is -0.64. Overlapping area represents the amount of variation of Capital Stock that can explain the historical movement of Net Tangible Assets in the same time period over historical financial statements of SFL Corporation, assuming nothing else is changed. The correlation between historical values of SFL's Capital Stock and Net Tangible Assets is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Capital Stock of SFL Corporation are associated (or correlated) with its Net Tangible Assets. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Net Tangible Assets has no effect on the direction of Capital Stock i.e., SFL's Capital Stock and Net Tangible Assets go up and down completely randomly.

Correlation Coefficient

-0.64
Relationship DirectionNegative 
Relationship StrengthWeak

Capital Stock

The total amount of a company's capital funded by shareholders through the issue and subscription of shares.

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 indicators from SFL's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into SFL Corporation 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 World Market Map to better understand how to build diversified portfolios, which includes a position in SFL Corporation. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in census.
At this time, SFL's Tax Provision is quite stable compared to the past year. Sales General And Administrative To Revenue is expected to rise to 0.03 this year, although the value of Issuance Of Capital Stock will most likely fall to 0.00.
 2021 2022 2023 2024 (projected)
Gross Profit218.3M277.4M236.5M210.2M
Total Revenue513.4M670.4M744.3M486.5M

SFL fundamental ratios Correlations

0.590.680.950.770.990.640.040.690.760.810.920.660.740.840.530.28-0.79-0.110.250.210.210.8-0.04-0.140.27
0.590.420.530.170.560.690.080.620.270.610.230.260.790.070.12-0.24-0.64-0.49-0.090.250.190.37-0.50.27-0.26
0.680.420.520.50.680.080.040.440.80.670.620.640.380.560.570.42-0.450.220.220.010.180.260.38-0.150.41
0.950.530.520.710.960.73-0.140.590.710.730.890.550.720.80.480.2-0.84-0.190.230.390.20.83-0.21-0.030.19
0.770.170.50.710.740.450.270.730.680.790.840.430.570.80.360.34-0.660.150.1-0.15-0.110.640.14-0.130.34
0.990.560.680.960.740.62-0.010.630.770.780.930.660.680.850.540.3-0.8-0.10.270.280.190.79-0.04-0.150.28
0.640.690.080.730.450.620.090.640.280.640.440.090.830.31-0.03-0.32-0.77-0.42-0.190.330.140.66-0.630.36-0.32
0.040.080.04-0.140.27-0.010.090.4-0.130.330.0-0.120.17-0.02-0.16-0.29-0.080.07-0.39-0.5-0.180.160.010.04-0.3
0.690.620.440.590.730.630.640.40.430.850.540.340.880.430.2-0.02-0.69-0.19-0.08-0.18-0.040.56-0.20.04-0.03
0.760.270.80.710.680.770.28-0.130.430.740.780.640.380.750.560.52-0.610.330.290.10.120.430.36-0.160.52
0.810.610.670.730.790.780.640.330.850.740.690.540.810.580.40.17-0.84-0.070.07-0.090.090.59-0.040.050.16
0.920.230.620.890.840.930.440.00.540.780.690.670.510.980.580.46-0.650.10.350.140.160.780.2-0.30.45
0.660.260.640.550.430.660.09-0.120.340.640.540.670.350.640.870.72-0.5-0.140.8-0.040.260.40.34-0.550.69
0.740.790.380.720.570.680.830.170.880.380.810.510.350.390.19-0.1-0.75-0.38-0.020.040.240.62-0.390.18-0.11
0.840.070.560.80.80.850.31-0.020.430.750.580.980.640.390.550.51-0.50.220.360.070.170.740.33-0.330.5
0.530.120.570.480.360.54-0.03-0.160.20.560.40.580.870.190.550.77-0.49-0.130.8-0.05-0.040.240.33-0.380.74
0.28-0.240.420.20.340.3-0.32-0.29-0.020.520.170.460.72-0.10.510.77-0.110.270.78-0.31-0.1-0.080.72-0.481.0
-0.79-0.64-0.45-0.84-0.66-0.8-0.77-0.08-0.69-0.61-0.84-0.65-0.5-0.75-0.5-0.49-0.110.36-0.18-0.230.03-0.650.38-0.09-0.09
-0.11-0.490.22-0.190.15-0.1-0.420.07-0.190.33-0.070.1-0.14-0.380.22-0.130.270.36-0.29-0.4-0.09-0.180.74-0.080.3
0.25-0.090.220.230.10.27-0.19-0.39-0.080.290.070.350.8-0.020.360.80.78-0.18-0.290.050.170.050.32-0.60.75
0.210.250.010.39-0.150.280.33-0.5-0.180.1-0.090.14-0.040.040.07-0.05-0.31-0.23-0.40.050.360.28-0.53-0.01-0.33
0.210.190.180.2-0.110.190.14-0.18-0.040.120.090.160.260.240.17-0.04-0.10.03-0.090.170.360.290.01-0.33-0.12
0.80.370.260.830.640.790.660.160.560.430.590.780.40.620.740.24-0.08-0.65-0.180.050.280.29-0.29-0.15-0.1
-0.04-0.50.38-0.210.14-0.04-0.630.01-0.20.36-0.040.20.34-0.390.330.330.720.380.740.32-0.530.01-0.29-0.410.73
-0.140.27-0.15-0.03-0.13-0.150.360.040.04-0.160.05-0.3-0.550.18-0.33-0.38-0.48-0.09-0.08-0.6-0.01-0.33-0.15-0.41-0.46
0.27-0.260.410.190.340.28-0.32-0.3-0.030.520.160.450.69-0.110.50.741.0-0.090.30.75-0.33-0.12-0.10.73-0.46
Click cells to compare fundamentals

SFL Account Relationship Matchups

SFL fundamental ratios Accounts

201920202021202220232024 (projected)
Total Assets3.9B3.1B3.5B3.9B3.7B3.3B
Total Stockholder Equity1.1B795.7M982.3M1.1B1.0B969.5M
Property Plant And Equipment Net2.1B1.9B2.9B3.4B3.2B1.9B
Net Debt2.5B2.0B2.3B2.5B2.4B2.0B
Cash199.5M215.4M145.6M188.4M165.5M103.9M
Non Current Assets Total3.5B2.7B3.2B3.6B3.4B3.0B
Non Currrent Assets Other1.3B771.4M248.6M188.8M92.8M88.1M
Other Assets391.9M145.9M67.3M40.2M(3.9M)(3.7M)
Cash And Short Term Investments273.6M244.3M166.8M195.6M191.2M160.1M
Common Stock Shares Outstanding107.7M109.0M139.4M137.4M126.6M100.5M
Liabilities And Stockholders Equity3.9B3.1B3.5B3.9B3.7B3.3B
Other Stockholder Equity1.1B1.1B1.1B1.0B1.0B899.9M
Total Liab2.8B2.3B2.5B2.8B2.7B2.3B
Property Plant And Equipment Gross3.1B1.9B2.9B3.4B4.2B4.4B
Total Current Assets390.5M356.4M250.3M297.0M298.1M297.2M
Short Long Term Debt Total2.7B2.2B2.4B2.7B2.6B2.2B
Other Current Liab30.5M39.8M43.8M71.5M86.6M90.9M
Total Current Liabilities365.8M576.5M400.3M1.1B969.2M1.0B
Other Liab11.1M8.3M17.2M10.3M9.3M8.8M
Current Deferred Revenue10M15.2M21.5M27.2M57K54.2K
Accounts Payable3.4M1.2M1.8M7.9M30.3M31.8M
Long Term Debt1.4B1.2B1.6B1.3B1.7B1.2B
Net Receivables78.6M14.4M65.0M19.8M74.0M48.5M
Non Current Liabilities Total2.4B1.7B2.1B1.7B1.7B1.9B
Inventory7.9M8.8M10.1M16.4M11.7M9.3M
Other Current Assets34.8M98M61.9M48.5M17.2M16.3M
Short Term Debt321.9M535.4M354.7M977.2M852.3M894.9M
Property Plant Equipment2.1B1.9B2.9B3.4B3.9B4.1B
Short Term Investments74.1M28.8M21.2M7.3M25.7M24.5M
Accumulated Other Comprehensive Income(13.0M)(19.3M)(9.2M)8.7M4.5M4.7M
Retained Earnings0.0(257.1M)(92.7M)40.0M960K912K
Long Term Investments42.2M649.4M16.6M16.5M16.5M15.6M
Short Long Term Debt253.1M485.0M302.8M921.3M432.9M388.4M
Net Tangible Assets1.1B795.7M982.3M1.1B982.1M878.2M
Long Term Debt Total2.4B1.7B2.1B1.7B2.0B1.9B
Capital Surpluse1.1B1.1B1.1B1.0B1.2B1.1B
Capital Lease Obligations1.1B573.1M524.2M473.0M419.3M636.6M

Building efficient market-beating portfolios requires time, education, and a lot of computing power!

The Portfolio Architect is an AI-driven system that provides multiple benefits to our users by leveraging cutting-edge machine learning algorithms, statistical analysis, and predictive modeling to automate the process of asset selection and portfolio construction, saving time and reducing human error for individual and institutional investors.

Try AI Portfolio Architect
When determining whether SFL Corporation is a strong investment it is important to analyze SFL's competitive position within its industry, examining market share, product or service uniqueness, and competitive advantages. Beyond financials and market position, potential investors should also consider broader economic conditions, industry trends, and any regulatory or geopolitical factors that may impact SFL's future performance. For an informed investment choice regarding SFL Stock, refer to the following important reports:
Check out World Market Map to better understand how to build diversified portfolios, which includes a position in SFL Corporation. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in census.
You can also try the Stock Tickers module to use high-impact, comprehensive, and customizable stock tickers that can be easily integrated to any websites.
Is Oil & Gas Storage & Transportation 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 SFL. If investors know SFL 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 SFL 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
0.45
Dividend Share
1.07
Earnings Share
1
Revenue Per Share
6.881
Quarterly Revenue Growth
0.246
The market value of SFL Corporation is measured differently than its book value, which is the value of SFL that is recorded on the company's balance sheet. Investors also form their own opinion of SFL's value that differs from its market value or its book value, called intrinsic value, which is SFL'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 SFL's market value can be influenced by many factors that don't directly affect SFL'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 SFL's value and its price as these two are different measures arrived at by different means. Investors typically determine if SFL is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, SFL'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.