Oceaneering Short Term Debt vs Common Stock Shares Outstanding 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 Short Term Debt and its Common Stock Shares Outstanding 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.

Short Term Debt vs Common Stock Shares Outstanding

Short Term Debt vs Common Stock Shares Outstanding Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Oceaneering International Short Term Debt account and Common Stock Shares Outstanding. At this time, the significance of the direction appears to have very week relationship.
The correlation between Oceaneering International's Short Term Debt and Common Stock Shares Outstanding is 0.26. Overlapping area represents the amount of variation of Short Term Debt that can explain the historical movement of Common Stock Shares Outstanding 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 Short Term Debt and Common Stock Shares Outstanding is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Short Term Debt of Oceaneering International are associated (or correlated) with its Common Stock Shares Outstanding. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Common Stock Shares Outstanding has no effect on the direction of Short Term Debt i.e., Oceaneering International's Short Term Debt and Common Stock Shares Outstanding go up and down completely randomly.

Correlation Coefficient

0.26
Relationship DirectionPositive 
Relationship StrengthVery Weak

Short Term Debt

Common Stock Shares Outstanding

The total number of shares of a company's common stock that are currently owned by all its shareholders.
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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