Sable Net Working Capital from 2010 to 2024

SOC Stock   24.08  1.06  4.60%   
Sable Offshore's Net Working Capital is decreasing over the years with slightly volatile fluctuation. Overall, Net Working Capital is projected to go to about -14 M this year. During the period from 2010 to 2024 Sable Offshore Net Working Capital annual values regression line had coefficient of variation of (180.72) and r-squared of  0.57. View All Fundamentals
 
Net Working Capital  
First Reported
2010-12-31
Previous Quarter
-14.8 M
Current Value
-14 M
Quarterly Volatility
6.3 M
 
Credit Downgrade
 
Yuan Drop
 
Covid
Check Sable Offshore financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among Sable Offshore's main balance sheet or income statement drivers, such as Depreciation And Amortization of 3.9 K, Other Operating Expenses of 3.5 M or Total Operating Expenses of 3.5 M, as well as many indicators such as Price To Sales Ratio of 0.0, Dividend Yield of 0.0 or PTB Ratio of 25.59. Sable financial statements analysis is a perfect complement when working with Sable Offshore Valuation or Volatility modules.
  
Check out the analysis of Sable Offshore Correlation against competitors.

Latest Sable Offshore's Net Working Capital Growth Pattern

Below is the plot of the Net Working Capital of Sable Offshore Corp over the last few years. It is Sable Offshore's Net Working Capital historical data analysis aims to capture in quantitative terms the overall pattern of either growth or decline in Sable Offshore's 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  

Sable Net Working Capital Regression Statistics

Arithmetic Mean(3,460,289)
Coefficient Of Variation(180.72)
Mean Deviation5,054,619
Median23,343
Standard Deviation6,253,587
Sample Variance39.1T
Range16.4M
R-Value(0.76)
Mean Square Error17.9T
R-Squared0.57
Significance0
Slope(1,059,913)
Total Sum of Squares547.5T

Sable Net Working Capital History

2024-14 M
2023-14.8 M
2022-16.4 M
2021-6.5 M
2020-387 K

About Sable Offshore Financial Statements

Sable Offshore stakeholders use historical fundamental indicators, such as Sable Offshore's Net Working Capital, to determine how well the company is positioned to perform in the future. Although Sable Offshore investors may analyze each financial statement separately, they are all interrelated. For example, changes in Sable Offshore's assets and liabilities are reflected in the revenues and expenses on Sable Offshore's income statement, which ultimately affect the company's gains or losses. Understanding these patterns can help in making the right long-term investment decisions in Sable Offshore Corp. Please read more on our technical analysis and fundamental analysis pages.
Last ReportedProjected for Next Year
Net Working Capital-14.8 M-14 M

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When determining whether Sable Offshore Corp offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of Sable Offshore's financial statements, including income statements, balance sheets, and cash flow statements, to assess its financial health. Key financial ratios are used to gauge profitability, efficiency, and growth potential of Sable Offshore Corp Stock. Outlined below are crucial reports that will aid in making a well-informed decision on Sable Offshore Corp Stock:
Check out the analysis of Sable Offshore Correlation against competitors.
You can also try the Portfolio Analyzer module to portfolio analysis module that provides access to portfolio diagnostics and optimization engine.
Is Oil & Gas Exploration & Production 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 Sable Offshore. If investors know Sable 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 Sable Offshore listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Earnings Share
(2.86)
Return On Assets
(0.09)
Return On Equity
(6.46)
The market value of Sable Offshore Corp is measured differently than its book value, which is the value of Sable that is recorded on the company's balance sheet. Investors also form their own opinion of Sable Offshore's value that differs from its market value or its book value, called intrinsic value, which is Sable Offshore'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 Sable Offshore's market value can be influenced by many factors that don't directly affect Sable Offshore'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 Sable Offshore's value and its price as these two are different measures arrived at by different means. Investors typically determine if Sable Offshore is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Sable Offshore'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.