Scorpio Common Stock vs Retained Earnings Analysis
STNG Stock | USD 47.90 1.06 2.17% |
Scorpio Tankers financial indicator trend analysis is much more than just breaking down Scorpio Tankers prevalent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Scorpio Tankers is a good investment. Please check the relationship between Scorpio Tankers Common Stock and its Retained Earnings accounts. Check out World Market Map to better understand how to build diversified portfolios, which includes a position in Scorpio Tankers. 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. For more detail on how to invest in Scorpio Stock please use our How to Invest in Scorpio Tankers guide.
Common Stock vs Retained Earnings
Common Stock vs Retained Earnings Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Scorpio Tankers Common Stock account and Retained Earnings. At this time, the significance of the direction appears to have weak contrarian relationship.
The correlation between Scorpio Tankers' Common Stock and Retained Earnings is -0.16. Overlapping area represents the amount of variation of Common Stock that can explain the historical movement of Retained Earnings in the same time period over historical financial statements of Scorpio Tankers, assuming nothing else is changed. The correlation between historical values of Scorpio Tankers' Common Stock and Retained Earnings 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 of Scorpio Tankers are associated (or correlated) with its Retained Earnings. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Retained Earnings has no effect on the direction of Common Stock i.e., Scorpio Tankers' Common Stock and Retained Earnings go up and down completely randomly.
Correlation Coefficient | -0.16 |
Relationship Direction | Negative |
Relationship Strength | Insignificant |
Common Stock
Retained Earnings
The cumulative amount of net income that a company retains for reinvestment in its operations, rather than distributing it to shareholders as dividends.Most indicators from Scorpio Tankers' fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Scorpio Tankers 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 Scorpio Tankers. 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. For more detail on how to invest in Scorpio Stock please use our How to Invest in Scorpio Tankers guide.At this time, Scorpio Tankers' Enterprise Value is most likely to increase significantly in the upcoming years.
2021 | 2022 | 2023 | 2024 (projected) | Interest Expense | 144.1M | 169.8M | 166.7M | 88.3M | Depreciation And Amortization | 240.3M | 206.8M | 202.5M | 115.9M |
Scorpio Tankers fundamental ratios Correlations
Click cells to compare fundamentals
Scorpio Tankers Account Relationship Matchups
High Positive Relationship
High Negative Relationship
Scorpio Tankers fundamental ratios Accounts
2019 | 2020 | 2021 | 2022 | 2023 | 2024 (projected) | ||
Total Assets | 5.2B | 5.2B | 5.0B | 4.6B | 4.2B | 3.0B | |
Short Long Term Debt Total | 3.1B | 3.0B | 3.1B | 1.9B | 1.6B | 1.6B | |
Other Current Liab | 41.5M | (156.2M) | (207.7M) | (240.9M) | 61.0M | 64.1M | |
Total Current Liabilities | 486.2M | 406.2M | 527.8M | 473.3M | 510.4M | 265.8M | |
Total Stockholder Equity | 2.0B | 2.1B | 1.8B | 2.5B | 2.6B | 1.4B | |
Property Plant And Equipment Net | 4.7B | 4.8B | 4.6B | 3.8B | 3.6B | 2.6B | |
Net Debt | 2.9B | 2.9B | 2.9B | 1.6B | 1.2B | 1.4B | |
Retained Earnings | (399.0M) | (304.9M) | (539.4M) | 97.9M | 587.1M | 616.5M | |
Accounts Payable | 23.1M | 12.9M | 35.1M | 28.7M | 10.0M | 15.1M | |
Cash | 202.3M | 187.5M | 230.4M | 376.9M | 355.6M | 182.9M | |
Non Current Assets Total | 4.9B | 4.9B | 4.7B | 3.9B | 3.7B | 2.7B | |
Other Assets | 85.7M | 141.7M | 72.2M | 113.8M | 130.8M | 137.4M | |
Long Term Debt | 999.3M | 971.2M | 666.4M | 264.1M | 939.2M | 807.7M | |
Cash And Short Term Investments | 202.3M | 187.5M | 230.4M | 376.9M | 355.6M | 182.9M | |
Net Receivables | 78.2M | 33.0M | 38.1M | 276.7M | 203.5M | 213.7M | |
Common Stock Total Equity | 3.8M | 5.8M | 646K | 656K | 754.4K | 716.7K | |
Common Stock Shares Outstanding | 49.9M | 56.4M | 54.7M | 63.5M | 54.5M | 57.3M | |
Liabilities And Stockholders Equity | 5.2B | 5.2B | 5.0B | 4.6B | 4.2B | 3.0B | |
Non Current Liabilities Total | 2.7B | 2.7B | 2.6B | 1.6B | 1.2B | 1.4B | |
Inventory | 8.6M | 9.3M | 8.8M | 15.6M | 7.8M | 6.3M | |
Other Current Assets | 13.9M | 24.9M | 12.0M | 18.2M | 10.2M | 8.8M | |
Other Stockholder Equity | (646K) | 2.4B | 2.4B | 2.4B | 2.0B | 2.1B | |
Total Liab | 3.2B | 3.1B | 3.2B | 2.1B | 1.7B | 1.7B | |
Property Plant And Equipment Gross | 4.7B | 4.8B | 4.6B | 3.8B | 4.8B | 2.7B | |
Total Current Assets | 303.0M | 267.4M | 285.2M | 687.3M | 577.1M | 605.9M | |
Accumulated Other Comprehensive Income | 2.4B | 2.4B | 2.4B | 2.4B | 2.0B | 1.2B | |
Short Term Debt | 421.7M | 549.5M | 700.4M | 674.5M | 427.7M | 261.2M | |
Common Stock | 646K | 656K | 659K | 727K | 745K | 1.5M | |
Property Plant Equipment | 4.7B | 4.8B | 4.6B | 3.8B | 4.3B | 2.6B | |
Non Currrent Assets Other | 143.4M | 72.2M | 113.8M | 75.1M | 53.6M | 55.1M | |
Deferred Long Term Liab | 2.8M | 4.0M | 1.4M | 1.6M | 1.5M | 1.4M | |
Short Long Term Debt | 235.5M | 172.7M | 235.3M | 31.5M | 221.0M | 204.0M | |
Net Tangible Assets | 2.0B | 2.1B | 1.8B | 2.5B | 2.9B | 1.9B |
Currently Active Assets on Macroaxis
When determining whether Scorpio Tankers is a strong investment it is important to analyze Scorpio Tankers' 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 Scorpio Tankers' future performance. For an informed investment choice regarding Scorpio 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 Scorpio Tankers. 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. For more detail on how to invest in Scorpio Stock please use our How to Invest in Scorpio Tankers guide.You can also try the Idea Optimizer module to use advanced portfolio builder with pre-computed micro ideas to build optimal portfolio .
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 Scorpio Tankers. If investors know Scorpio 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 Scorpio Tankers 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 0.637 | Dividend Share 1.55 | Earnings Share 13.97 | Revenue Per Share 27.856 | Quarterly Revenue Growth (0.08) |
The market value of Scorpio Tankers is measured differently than its book value, which is the value of Scorpio that is recorded on the company's balance sheet. Investors also form their own opinion of Scorpio Tankers' value that differs from its market value or its book value, called intrinsic value, which is Scorpio Tankers' 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 Scorpio Tankers' market value can be influenced by many factors that don't directly affect Scorpio Tankers' 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 Scorpio Tankers' value and its price as these two are different measures arrived at by different means. Investors typically determine if Scorpio Tankers is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Scorpio Tankers' 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.