Shell Common Stock Shares Outstanding vs Current Deferred Revenue Analysis

SHEL Stock   2,394  11.00  0.46%   
Shell Plc financial indicator trend analysis is much more than just breaking down Shell plc prevalent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Shell plc is a good investment. Please check the relationship between Shell Plc Common Stock Shares Outstanding and its Current Deferred Revenue accounts. Check out World Market Map to better understand how to build diversified portfolios, which includes a position in Shell 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 board of governors.

Common Stock Shares Outstanding vs Current Deferred Revenue

Common Stock Shares Outstanding vs Current Deferred Revenue Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Shell plc Common Stock Shares Outstanding account and Current Deferred Revenue. At this time, the significance of the direction appears to have weak contrarian relationship.
The correlation between Shell Plc's Common Stock Shares Outstanding and Current Deferred Revenue is -0.14. Overlapping area represents the amount of variation of Common Stock Shares Outstanding that can explain the historical movement of Current Deferred Revenue in the same time period over historical financial statements of Shell plc, assuming nothing else is changed. The correlation between historical values of Shell Plc's Common Stock Shares Outstanding and Current Deferred Revenue is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Common Stock Shares Outstanding of Shell plc are associated (or correlated) with its Current Deferred Revenue. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Current Deferred Revenue has no effect on the direction of Common Stock Shares Outstanding i.e., Shell Plc's Common Stock Shares Outstanding and Current Deferred Revenue go up and down completely randomly.

Correlation Coefficient

-0.14
Relationship DirectionNegative 
Relationship StrengthInsignificant

Common Stock Shares Outstanding

The total number of shares of a company's common stock that are currently owned by all its shareholders.

Current Deferred Revenue

Revenue that has been collected but not yet earned, typically from prepaid service contracts or subscriptions. This amount is considered a liability until the service is provided or the subscription period ends.
Most indicators from Shell Plc's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Shell 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 World Market Map to better understand how to build diversified portfolios, which includes a position in Shell 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 board of governors.
Selling General Administrative is likely to drop to about 12.5 B in 2024. Tax Provision is likely to drop to about 8.9 B in 2024
 2021 2022 2023 2024 (projected)
EBITDA59.8B86.6B68.5B51.7B
Research Development815M1.1B1.3B982.4M

Shell Plc fundamental ratios Correlations

0.760.680.740.950.91-0.040.620.260.540.940.490.54-0.22-0.890.850.730.43-0.40.970.510.780.280.780.80.44
0.760.540.240.550.820.30.92-0.140.540.830.40.54-0.48-0.510.970.240.110.070.840.440.370.660.280.430.73
0.680.540.570.610.57-0.220.32-0.20.60.56-0.130.60.11-0.450.570.50.43-0.080.680.520.660.30.480.440.42
0.740.240.570.730.43-0.090.060.660.460.480.210.460.35-0.70.350.930.79-0.440.70.560.97-0.070.630.80.03
0.950.550.610.730.87-0.190.460.280.360.890.470.36-0.16-0.930.680.780.41-0.550.840.350.720.140.90.80.29
0.910.820.570.430.87-0.050.79-0.040.360.990.480.36-0.5-0.840.90.480.1-0.380.870.290.460.420.750.610.47
-0.040.3-0.22-0.09-0.19-0.050.330.290.05-0.030.120.05-0.140.150.13-0.10.280.440.060.09-0.040.5-0.45-0.010.23
0.620.920.320.060.460.790.33-0.180.230.780.350.23-0.53-0.430.870.16-0.010.130.690.220.110.770.210.270.67
0.26-0.14-0.20.660.28-0.040.29-0.180.060.040.330.060.32-0.35-0.080.630.67-0.270.220.260.57-0.250.210.55-0.23
0.540.540.60.460.360.360.050.230.060.390.211.0-0.13-0.360.560.240.3-0.030.630.860.620.120.280.550.5
0.940.830.560.480.890.99-0.030.780.040.390.520.39-0.46-0.860.910.540.17-0.370.910.330.520.410.740.660.5
0.490.4-0.130.210.470.480.120.350.330.210.520.21-0.46-0.550.490.13-0.06-0.380.460.090.25-0.010.420.480.24
0.540.540.60.460.360.360.050.230.061.00.390.21-0.13-0.360.560.240.3-0.030.620.860.620.120.270.550.5
-0.22-0.480.110.35-0.16-0.5-0.14-0.530.32-0.13-0.46-0.46-0.130.3-0.510.380.60.19-0.240.110.29-0.2-0.22-0.03-0.18
-0.89-0.51-0.45-0.7-0.93-0.840.15-0.43-0.35-0.36-0.86-0.55-0.360.3-0.66-0.7-0.30.75-0.81-0.26-0.67-0.09-0.91-0.75-0.06
0.850.970.570.350.680.90.130.87-0.080.560.910.490.56-0.51-0.660.320.09-0.120.910.450.460.50.470.540.65
0.730.240.50.930.780.48-0.10.160.630.240.540.130.240.38-0.70.320.8-0.40.650.430.840.080.650.770.06
0.430.110.430.790.410.10.28-0.010.670.30.17-0.060.30.6-0.30.090.80.020.410.50.760.180.20.560.14
-0.40.07-0.08-0.44-0.55-0.380.440.13-0.27-0.03-0.37-0.38-0.030.190.75-0.12-0.40.02-0.280.15-0.340.36-0.78-0.40.53
0.970.840.680.70.840.870.060.690.220.630.910.460.62-0.24-0.810.910.650.41-0.280.590.770.350.630.750.51
0.510.440.520.560.350.290.090.220.260.860.330.090.860.11-0.260.450.430.50.150.590.670.120.220.690.57
0.780.370.660.970.720.46-0.040.110.570.620.520.250.620.29-0.670.460.840.76-0.340.770.67-0.040.580.810.18
0.280.660.3-0.070.140.420.50.77-0.250.120.41-0.010.12-0.2-0.090.50.080.180.360.350.12-0.04-0.130.040.57
0.780.280.480.630.90.75-0.450.210.210.280.740.420.27-0.22-0.910.470.650.2-0.780.630.220.58-0.130.690.0
0.80.430.440.80.80.61-0.010.270.550.550.660.480.55-0.03-0.750.540.770.56-0.40.750.690.810.040.690.32
0.440.730.420.030.290.470.230.67-0.230.50.50.240.5-0.18-0.060.650.060.140.530.510.570.180.570.00.32
Click cells to compare fundamentals

Shell Plc Account Relationship Matchups

Shell Plc fundamental ratios Accounts

201920202021202220232024 (projected)
Total Assets404.3B379.3B404.4B443.0B406.3B321.5B
Short Long Term Debt Total96.4B108.0B89.1B83.8B81.5B50.0B
Other Current Liab35.1B34.4B24.2B64.8B44.4B24.0B
Total Current Liabilities79.6B74.0B95.5B121.3B95.5B84.5B
Total Stockholder Equity186.5B155.3B172.0B190.5B186.6B149.3B
Property Plant And Equipment Net238.3B210.8B194.9B198.6B194.8B159.1B
Current Deferred Revenue15.4B15.4B24.2B(9.9B)(8.9B)(8.5B)
Net Debt78.4B76.2B52.1B43.5B42.8B31.7B
Accounts Payable29.5B22.7B63.2B42.6B34.6B43.1B
Cash18.1B31.8B37.0B40.2B38.8B40.7B
Non Current Assets Total311.6B288.6B275.6B277.1B272.2B222.8B
Non Currrent Assets Other39.3B38.6B43.6B17.7B50.4B28.1B
Cash And Short Term Investments18.1B31.8B37.0B40.2B38.8B40.7B
Common Stock Shares Outstanding1.7B1.6B1.6B7.4B6.8B3.9B
Liabilities And Stockholders Equity400.3B376.0B401.0B443.0B406.3B320.6B
Non Current Liabilities Total134.2B146.8B133.5B129.1B122.4B84.4B
Inventory24.1B19.5B25.3B31.9B26.0B22.8B
Other Current Assets50.6B39.5B66.5B94.0B69.3B52.7B
Other Stockholder Equity13.4B12.0B18.3B20.4B20.1B14.8B
Total Liab213.9B220.7B229.1B250.4B217.9B168.9B
Property Plant And Equipment Gross238.3B210.8B436.8B435.0B455.1B477.8B
Total Current Assets92.7B90.7B128.8B165.9B134.1B98.7B
Short Term Debt15.1B16.9B8.2B9.0B9.9B9.1B
Retained Earnings172.4B142.6B153.0B169.5B165.9B165.5B
Net Receivables39.1B29.9B53.2B39.5B53.3B42.2B
Common Stock Total Equity696M685M657M651M748.7M640.4M
Accumulated Other Comprehensive Income(200.8B)(244.5B)18.1B20.3B20.0B21.0B
Intangible Assets9.3B8.7B9.8B9.7B10.3B7.2B
Common Stock657M651M641M584M544M516.8M
Good Will14.2B14.2B14.9B16.0B16.7B10.9B
Long Term Debt55.8B66.8B57.5B51.5B48.5B54.9B
Short Long Term Debt10.1B12.8B4.1B4.6B5.3B10.4B
Other Liab52.9B55.7B52.6B54.3B48.9B44.2B
Net Tangible Assets163.0B132.5B147.3B164.8B148.3B127.7B
Other Assets24.0B577.1B28.8B25.5B22.7B21.6B
Property Plant Equipment238.3B210.8B194.9B198.6B228.4B232.7B
Capital Lease Obligations30.5B28.4B27.5B27.6B27.7B25.6B

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