Oceaneering Property Plant And Equipment Net vs Inventory Analysis

0KAN Stock   27.42  0.11  0.40%   
Oceaneering International financial indicator trend analysis is much more than just breaking down Oceaneering International prevalent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Oceaneering International is a good investment. Please check the relationship between Oceaneering International Property Plant And Equipment Net and its Inventory accounts. Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in Oceaneering International. 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 information on how to buy Oceaneering Stock please use our How to Invest in Oceaneering International guide.

Property Plant And Equipment Net vs Inventory

Property Plant And Equipment Net vs Inventory Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Oceaneering International Property Plant And Equipment Net account and Inventory. At this time, the significance of the direction appears to have very strong relationship.
The correlation between Oceaneering International's Property Plant And Equipment Net and Inventory is 0.87. Overlapping area represents the amount of variation of Property Plant And Equipment Net that can explain the historical movement of Inventory in the same time period over historical financial statements of Oceaneering International, assuming nothing else is changed. The correlation between historical values of Oceaneering International's Property Plant And Equipment Net and Inventory is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Property Plant And Equipment Net of Oceaneering International are associated (or correlated) with its Inventory. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Inventory has no effect on the direction of Property Plant And Equipment Net i.e., Oceaneering International's Property Plant And Equipment Net and Inventory go up and down completely randomly.

Correlation Coefficient

0.87
Relationship DirectionPositive 
Relationship StrengthStrong

Property Plant And Equipment Net

The total value of a company's physical assets (such as land, buildings, and equipment) used in operations, net of depreciation. It reflects the company's investment in assets used for production.

Inventory

Most indicators from Oceaneering International's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Oceaneering International 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 Trending Equities to better understand how to build diversified portfolios, which includes a position in Oceaneering International. 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 information on how to buy Oceaneering Stock please use our How to Invest in Oceaneering International guide.Selling General Administrative is likely to drop to about 123.3 M in 2024. Tax Provision is likely to drop to about 2.2 M in 2024
 2021 2022 2023 2024 (projected)
Interest Expense38.8M38.2M36.5M38.3M
Depreciation And Amortization139.7M121.0M105.0M106.1M

Oceaneering International fundamental ratios Correlations

0.420.920.580.860.950.250.970.20.950.570.20.890.710.490.810.65-0.240.610.90.020.370.730.780.360.79
0.420.310.540.050.290.730.490.790.28-0.040.790.330.460.830.190.02-0.810.860.54-0.370.47-0.050.510.490.04
0.920.310.720.810.870.030.810.110.820.630.110.980.810.330.880.72-0.040.540.920.110.560.560.840.380.6
0.580.540.720.450.540.220.450.370.460.30.370.710.860.40.70.51-0.20.70.670.060.920.150.710.570.16
0.860.050.810.450.93-0.10.8-0.240.930.55-0.250.760.580.030.870.670.210.20.610.180.190.880.510.160.87
0.950.290.870.540.930.160.910.010.970.510.00.820.620.330.870.71-0.080.470.780.090.250.850.630.350.83
0.250.730.030.22-0.10.160.380.710.21-0.040.720.070.180.84-0.16-0.14-0.90.740.26-0.230.210.010.280.210.12
0.970.490.810.450.80.910.380.290.940.480.290.770.620.560.670.52-0.380.620.84-0.050.250.750.740.290.82
0.20.790.110.37-0.240.010.710.290.03-0.231.00.090.40.88-0.1-0.14-0.910.830.42-0.280.45-0.260.470.21-0.21
0.950.280.820.460.930.970.210.940.030.550.030.770.60.360.780.61-0.130.460.740.090.210.870.630.250.92
0.57-0.040.630.30.550.51-0.040.48-0.230.55-0.220.710.390.090.470.570.130.190.510.130.30.40.390.090.57
0.20.790.110.37-0.250.00.720.291.00.03-0.220.090.40.88-0.11-0.15-0.920.830.42-0.280.45-0.270.480.21-0.21
0.890.330.980.710.760.820.070.770.090.770.710.090.780.320.820.66-0.050.520.90.070.570.480.810.360.58
0.710.460.810.860.580.620.180.620.40.60.390.40.780.430.680.45-0.210.670.760.260.80.30.880.190.32
0.490.830.330.40.030.330.840.560.880.360.090.880.320.430.110.1-0.940.930.6-0.290.370.040.530.320.14
0.810.190.880.70.870.87-0.160.67-0.10.780.47-0.110.820.680.110.80.180.360.730.080.440.650.570.460.58
0.650.020.720.510.670.71-0.140.52-0.140.610.57-0.150.660.450.10.80.160.280.62-0.050.340.580.40.410.45
-0.24-0.81-0.04-0.20.21-0.08-0.9-0.38-0.91-0.130.13-0.92-0.05-0.21-0.940.180.16-0.81-0.370.36-0.230.12-0.36-0.230.02
0.610.860.540.70.20.470.740.620.830.460.190.830.520.670.930.360.28-0.810.73-0.210.640.090.690.470.18
0.90.540.920.670.610.780.260.840.420.740.510.420.90.760.60.730.62-0.370.73-0.070.550.420.880.450.47
0.02-0.370.110.060.180.09-0.23-0.05-0.280.090.13-0.280.070.26-0.290.08-0.050.36-0.21-0.070.10.170.19-0.270.1
0.370.470.560.920.190.250.210.250.450.210.30.450.570.80.370.440.34-0.230.640.550.1-0.130.660.43-0.05
0.73-0.050.560.150.880.850.010.75-0.260.870.4-0.270.480.30.040.650.580.120.090.420.17-0.130.320.080.9
0.780.510.840.710.510.630.280.740.470.630.390.480.810.880.530.570.4-0.360.690.880.190.660.320.280.36
0.360.490.380.570.160.350.210.290.210.250.090.210.360.190.320.460.41-0.230.470.45-0.270.430.080.280.09
0.790.040.60.160.870.830.120.82-0.210.920.57-0.210.580.320.140.580.450.020.180.470.1-0.050.90.360.09
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Oceaneering International Account Relationship Matchups

Oceaneering International fundamental ratios Accounts

201920202021202220232024 (projected)
Total Assets2.7B2.0B2.0B2.0B2.2B1.5B
Short Long Term Debt Total796.5M805.3M702.1M720.6M848.7M891.1M
Other Current Liab280.8M238.1M236.1M242.9M277.7M174.6M
Total Current Liabilities601.0M437.1M501.2M568.4M732.5M769.1M
Total Stockholder Equity1.1B558.2M511.0M525.8M628.0M724.6M
Property Plant And Equipment Net776.5M591.1M489.6M438.4M761.8M537.5M
Net Debt422.9M353.2M164.0M151.8M387.1M406.4M
Retained Earnings1.9B1.4B1.3B1.3B1.4B861.0M
Cash373.7M452.0M538.1M568.7M461.6M484.6M
Non Current Assets Total1.5B875.6M774.9M734.6M933.3M779.8M
Non Currrent Assets Other719.7M284.5M285.3M220.3M59.6M56.6M
Cash And Short Term Investments383.8M462.2M538.1M568.7M461.6M484.6M
Net Receivables642.6M518.2M427.8M481.4M565.8M328.1M
Common Stock Shares Outstanding98.9M99.2M99.7M101.4M102.2M108.1M
Liabilities And Stockholders Equity2.7B2.0B2.0B2.0B2.2B1.5B
Non Current Liabilities Total1.1B1.1B950.7M937.5M872.4M916.1M
Inventory174.7M141.2M153.7M184.4M209.8M206.4M
Other Current Assets43.2M48.6M62.2M56.2M68.5M52.6M
Other Stockholder Equity(474.5M)(467.5M)(458.2M)(449.7M)(442.6M)(420.5M)
Total Liab1.7B1.5B1.5B1.5B1.6B1.7B
Total Current Assets1.2B1.2B1.2B1.3B1.3B670.7M
Accumulated Other Comprehensive Income(334.1M)(359.3M)(366.5M)(386.1M)(382.3M)(363.2M)
Short Term Debt19.9M18.8M18.8M19.6M78.1M43.7M
Accounts Payable145.9M94.2M122.3M148.0M156.1M163.9M
Intangible Assets25.8M14.3M12.6M11.5M21.2M20.1M
Current Deferred Revenue117.3M50.0M88.2M113.0M164.6M101.3M
Good Will405.1M35.0M34.9M34.3M34.2M32.5M
Other Assets83.0M87.7M59.8M61.1M80.7M0.95
Long Term Debt792.3M786.6M796.5M805.3M926.0M874.2M
Capital Surpluse225.1M220.4M207.1M192.5M173.2M171.6M
Treasury Stock(718.9M)(704.1M)(681.6M)(660.0M)(759.0M)(797.0M)
Property Plant Equipment939.8M732.3M635.7M578.1M520.3M693.5M
Other Liab106.8M89.2M90.1M84.7M76.2M84.1M
Net Tangible Assets638.5M502.8M457.4M473.9M426.5M547.6M

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