Shell Non Current Assets Total vs Total Stockholder Equity 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 Non Current Assets Total and its Total Stockholder Equity 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.

Non Current Assets Total vs Total Stockholder Equity

Non Current Assets Total vs Total Stockholder Equity Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Shell plc Non Current Assets Total account and Total Stockholder Equity. At this time, the significance of the direction appears to have very strong relationship.
The correlation between Shell Plc's Non Current Assets Total and Total Stockholder Equity is 0.89. Overlapping area represents the amount of variation of Non Current Assets Total that can explain the historical movement of Total Stockholder Equity 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 Non Current Assets Total and Total Stockholder Equity is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Non Current Assets Total of Shell plc are associated (or correlated) with its Total Stockholder Equity. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Total Stockholder Equity has no effect on the direction of Non Current Assets Total i.e., Shell Plc's Non Current Assets Total and Total Stockholder Equity go up and down completely randomly.

Correlation Coefficient

0.89
Relationship DirectionPositive 
Relationship StrengthStrong

Non Current Assets Total

The total value of a company's long-term assets, which are not expected to be converted into cash or used up within one year or the operating cycle, including property, plant, and equipment, and intangible assets.

Total Stockholder Equity

The total equity held by shareholders, calculated as the difference between a company's total assets and total liabilities. It represents the net value of the company owned by shareholders.
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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