Oil Net Working Capital from 2010 to 2024

OIS Stock  USD 5.72  0.28  5.15%   
Oil States Net Working Capital yearly trend continues to be comparatively stable with very little volatility. Net Working Capital will likely drop to about 240.5 M in 2024. From the period from 2010 to 2024, Oil States Net Working Capital quarterly data regression had r-value of (0.72) and coefficient of variation of  12.57. View All Fundamentals
 
Net Working Capital  
First Reported
2010-12-31
Previous Quarter
330.7 M
Current Value
240.5 M
Quarterly Volatility
39.6 M
 
Credit Downgrade
 
Yuan Drop
 
Covid
Check Oil States financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among Oil States' main balance sheet or income statement drivers, such as Interest Expense of 17.6 M, Total Revenue of 1.5 B or Gross Profit of 230.3 M, as well as many indicators such as Price To Sales Ratio of 0.78, Dividend Yield of 0.0039 or PTB Ratio of 0.57. Oil financial statements analysis is a perfect complement when working with Oil States Valuation or Volatility modules.
  
Check out the analysis of Oil States Correlation against competitors.

Latest Oil States' Net Working Capital Growth Pattern

Below is the plot of the Net Working Capital of Oil States International over the last few years. It is Oil States' Net Working Capital historical data analysis aims to capture in quantitative terms the overall pattern of either growth or decline in Oil States' overall financial position and show how it may be relating to other accounts over time.
Net Working Capital10 Years Trend
Slightly volatile
   Net Working Capital   
       Timeline  

Oil Net Working Capital Regression Statistics

Arithmetic Mean315,329,750
Geometric Mean312,798,700
Coefficient Of Variation12.57
Mean Deviation34,101,666
Median340,667,000
Standard Deviation39,633,107
Sample Variance1570.8T
Range112.5M
R-Value(0.72)
Mean Square Error812.1T
R-Squared0.52
Significance0
Slope(6,390,140)
Total Sum of Squares21991T

Oil Net Working Capital History

2024240.5 M
2023330.7 M
2022269.1 M
2021249.4 M
2020261.5 M
2019300.4 M
2018353 M

About Oil States Financial Statements

Oil States shareholders use historical fundamental indicators, such as Net Working Capital, to determine how well the company is positioned to perform in the future. Although Oil States investors may analyze each financial statement separately, they are all interrelated. The changes in Oil States' assets and liabilities, for example, are also reflected in the revenues and expenses on on Oil States' income statement. Understanding these patterns can help investors time the market effectively. Please read more on our fundamental analysis page.
Last ReportedProjected for Next Year
Net Working Capital330.7 M240.5 M

Thematic Opportunities

Explore Investment Opportunities

Build portfolios using Macroaxis predefined set of investing ideas. Many of Macroaxis investing ideas can easily outperform a given market. Ideas can also be optimized per your risk profile before portfolio origination is invoked. Macroaxis thematic optimization helps investors identify companies most likely to benefit from changes or shifts in various micro-economic or local macro-level trends. Originating optimal thematic portfolios involves aligning investors' personal views, ideas, and beliefs with their actual investments.
Explore Investing Ideas  

Additional Tools for Oil Stock Analysis

When running Oil States' price analysis, check to measure Oil States' market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy Oil States is operating at the current time. Most of Oil States' value examination focuses on studying past and present price action to predict the probability of Oil States' future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Oil States' price. Additionally, you may evaluate how the addition of Oil States to your portfolios can decrease your overall portfolio volatility.