Oceaneering Total Current Assets vs Retained Earnings 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 Total Current Assets and its Retained Earnings 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.

Total Current Assets vs Retained Earnings

Total Current Assets vs Retained Earnings Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Oceaneering International Total Current Assets account and Retained Earnings. At this time, the significance of the direction appears to have very strong relationship.

The correlation between Oceaneering International's Total Current Assets and Retained Earnings is 0.84. Overlapping area represents the amount of variation of Total Current Assets that can explain the historical movement of Retained Earnings 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 Total Current Assets 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 Total Current Assets of Oceaneering International 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 Total Current Assets i.e., Oceaneering International's Total Current Assets and Retained Earnings go up and down completely randomly.

Correlation Coefficient

0.84

Relationship Direction	Positive
Relationship Strength	Strong

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Total Current Assets

The total value of all assets that are expected to be converted into cash within one year or during the normal operating cycle.

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 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 Expense	38.8M	38.2M	36.5M	38.3M
Depreciation And Amortization	139.7M	121.0M	105.0M	106.1M

Interest Expense Depreciation And Amortization

Oceaneering International fundamental ratios Correlations

	Total Assets	Short Long Term Debt Total	Other Current Liab	Total Current Liabilities	Total Stockholder Equity	Property Plant And Equipment Net	Net Debt	Retained Earnings	Cash	Non Current Assets Total	Non Currrent Assets Other	Cash And Short Term Investments	Net Receivables	Common Stock Shares Outstanding	Non Current Liabilities Total	Inventory	Other Current Assets	Other Stockholder Equity	Total Liab	Total Current Assets	Short Term Debt	Accounts Payable	Intangible Assets	Common Stock	Current Deferred Revenue	Good Will
Total Assets		0.42	0.92	0.58	0.86	0.95	0.25	0.97	0.2	0.95	0.57	0.2	0.89	0.71	0.49	0.81	0.65	-0.24	0.61	0.9	0.02	0.37	0.73	0.78	0.36	0.79
Short Long Term Debt Total	0.42		0.31	0.54	0.05	0.29	0.73	0.49	0.79	0.28	-0.04	0.79	0.33	0.46	0.83	0.19	0.02	-0.81	0.86	0.54	-0.37	0.47	-0.05	0.51	0.49	0.04
Other Current Liab	0.92	0.31		0.72	0.81	0.87	0.03	0.81	0.11	0.82	0.63	0.11	0.98	0.81	0.33	0.88	0.72	-0.04	0.54	0.92	0.11	0.56	0.56	0.84	0.38	0.6
Total Current Liabilities	0.58	0.54	0.72		0.45	0.54	0.22	0.45	0.37	0.46	0.3	0.37	0.71	0.86	0.4	0.7	0.51	-0.2	0.7	0.67	0.06	0.92	0.15	0.71	0.57	0.16
Total Stockholder Equity	0.86	0.05	0.81	0.45		0.93	-0.1	0.8	-0.24	0.93	0.55	-0.25	0.76	0.58	0.03	0.87	0.67	0.21	0.2	0.61	0.18	0.19	0.88	0.51	0.16	0.87
Property Plant And Equipment Net	0.95	0.29	0.87	0.54	0.93		0.16	0.91	0.01	0.97	0.51	0.0	0.82	0.62	0.33	0.87	0.71	-0.08	0.47	0.78	0.09	0.25	0.85	0.63	0.35	0.83
Net Debt	0.25	0.73	0.03	0.22	-0.1	0.16		0.38	0.71	0.21	-0.04	0.72	0.07	0.18	0.84	-0.16	-0.14	-0.9	0.74	0.26	-0.23	0.21	0.01	0.28	0.21	0.12
Retained Earnings	0.97	0.49	0.81	0.45	0.8	0.91	0.38		0.29	0.94	0.48	0.29	0.77	0.62	0.56	0.67	0.52	-0.38	0.62	0.84	-0.05	0.25	0.75	0.74	0.29	0.82
Cash	0.2	0.79	0.11	0.37	-0.24	0.01	0.71	0.29		0.03	-0.23	1.0	0.09	0.4	0.88	-0.1	-0.14	-0.91	0.83	0.42	-0.28	0.45	-0.26	0.47	0.21	-0.21
Non Current Assets Total	0.95	0.28	0.82	0.46	0.93	0.97	0.21	0.94	0.03		0.55	0.03	0.77	0.6	0.36	0.78	0.61	-0.13	0.46	0.74	0.09	0.21	0.87	0.63	0.25	0.92
Non Currrent Assets Other	0.57	-0.04	0.63	0.3	0.55	0.51	-0.04	0.48	-0.23	0.55		-0.22	0.71	0.39	0.09	0.47	0.57	0.13	0.19	0.51	0.13	0.3	0.4	0.39	0.09	0.57
Cash And Short Term Investments	0.2	0.79	0.11	0.37	-0.25	0.0	0.72	0.29	1.0	0.03	-0.22		0.09	0.4	0.88	-0.11	-0.15	-0.92	0.83	0.42	-0.28	0.45	-0.27	0.48	0.21	-0.21
Net Receivables	0.89	0.33	0.98	0.71	0.76	0.82	0.07	0.77	0.09	0.77	0.71	0.09		0.78	0.32	0.82	0.66	-0.05	0.52	0.9	0.07	0.57	0.48	0.81	0.36	0.58
Common Stock Shares Outstanding	0.71	0.46	0.81	0.86	0.58	0.62	0.18	0.62	0.4	0.6	0.39	0.4	0.78		0.43	0.68	0.45	-0.21	0.67	0.76	0.26	0.8	0.3	0.88	0.19	0.32
Non Current Liabilities Total	0.49	0.83	0.33	0.4	0.03	0.33	0.84	0.56	0.88	0.36	0.09	0.88	0.32	0.43		0.11	0.1	-0.94	0.93	0.6	-0.29	0.37	0.04	0.53	0.32	0.14
Inventory	0.81	0.19	0.88	0.7	0.87	0.87	-0.16	0.67	-0.1	0.78	0.47	-0.11	0.82	0.68	0.11		0.8	0.18	0.36	0.73	0.08	0.44	0.65	0.57	0.46	0.58
Other Current Assets	0.65	0.02	0.72	0.51	0.67	0.71	-0.14	0.52	-0.14	0.61	0.57	-0.15	0.66	0.45	0.1	0.8		0.16	0.28	0.62	-0.05	0.34	0.58	0.4	0.41	0.45
Other Stockholder Equity	-0.24	-0.81	-0.04	-0.2	0.21	-0.08	-0.9	-0.38	-0.91	-0.13	0.13	-0.92	-0.05	-0.21	-0.94	0.18	0.16		-0.81	-0.37	0.36	-0.23	0.12	-0.36	-0.23	0.02
Total Liab	0.61	0.86	0.54	0.7	0.2	0.47	0.74	0.62	0.83	0.46	0.19	0.83	0.52	0.67	0.93	0.36	0.28	-0.81		0.73	-0.21	0.64	0.09	0.69	0.47	0.18
Total Current Assets	0.9	0.54	0.92	0.67	0.61	0.78	0.26	0.84	0.42	0.74	0.51	0.42	0.9	0.76	0.6	0.73	0.62	-0.37	0.73		-0.07	0.55	0.42	0.88	0.45	0.47
Short Term Debt	0.02	-0.37	0.11	0.06	0.18	0.09	-0.23	-0.05	-0.28	0.09	0.13	-0.28	0.07	0.26	-0.29	0.08	-0.05	0.36	-0.21	-0.07		0.1	0.17	0.19	-0.27	0.1
Accounts Payable	0.37	0.47	0.56	0.92	0.19	0.25	0.21	0.25	0.45	0.21	0.3	0.45	0.57	0.8	0.37	0.44	0.34	-0.23	0.64	0.55	0.1		-0.13	0.66	0.43	-0.05
Intangible Assets	0.73	-0.05	0.56	0.15	0.88	0.85	0.01	0.75	-0.26	0.87	0.4	-0.27	0.48	0.3	0.04	0.65	0.58	0.12	0.09	0.42	0.17	-0.13		0.32	0.08	0.9
Common Stock	0.78	0.51	0.84	0.71	0.51	0.63	0.28	0.74	0.47	0.63	0.39	0.48	0.81	0.88	0.53	0.57	0.4	-0.36	0.69	0.88	0.19	0.66	0.32		0.28	0.36
Current Deferred Revenue	0.36	0.49	0.38	0.57	0.16	0.35	0.21	0.29	0.21	0.25	0.09	0.21	0.36	0.19	0.32	0.46	0.41	-0.23	0.47	0.45	-0.27	0.43	0.08	0.28		0.09
Good Will	0.79	0.04	0.6	0.16	0.87	0.83	0.12	0.82	-0.21	0.92	0.57	-0.21	0.58	0.32	0.14	0.58	0.45	0.02	0.18	0.47	0.1	-0.05	0.9	0.36	0.09

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Oceaneering International Account Relationship Matchups

Oceaneering International fundamental ratios Accounts

	2019	2020	2021	2022	2023	2024 (projected)
Total Assets	2.7B	2.0B	2.0B	2.0B	2.2B	1.5B
Short Long Term Debt Total	796.5M	805.3M	702.1M	720.6M	848.7M	891.1M
Other Current Liab	280.8M	238.1M	236.1M	242.9M	277.7M	174.6M
Total Current Liabilities	601.0M	437.1M	501.2M	568.4M	732.5M	769.1M
Total Stockholder Equity	1.1B	558.2M	511.0M	525.8M	628.0M	724.6M
Property Plant And Equipment Net	776.5M	591.1M	489.6M	438.4M	761.8M	537.5M
Net Debt	422.9M	353.2M	164.0M	151.8M	387.1M	406.4M
Retained Earnings	1.9B	1.4B	1.3B	1.3B	1.4B	861.0M
Cash	373.7M	452.0M	538.1M	568.7M	461.6M	484.6M
Non Current Assets Total	1.5B	875.6M	774.9M	734.6M	933.3M	779.8M
Non Currrent Assets Other	719.7M	284.5M	285.3M	220.3M	59.6M	56.6M
Cash And Short Term Investments	383.8M	462.2M	538.1M	568.7M	461.6M	484.6M
Net Receivables	642.6M	518.2M	427.8M	481.4M	565.8M	328.1M
Common Stock Shares Outstanding	98.9M	99.2M	99.7M	101.4M	102.2M	108.1M
Liabilities And Stockholders Equity	2.7B	2.0B	2.0B	2.0B	2.2B	1.5B
Non Current Liabilities Total	1.1B	1.1B	950.7M	937.5M	872.4M	916.1M
Inventory	174.7M	141.2M	153.7M	184.4M	209.8M	206.4M
Other Current Assets	43.2M	48.6M	62.2M	56.2M	68.5M	52.6M
Other Stockholder Equity	(474.5M)	(467.5M)	(458.2M)	(449.7M)	(442.6M)	(420.5M)
Total Liab	1.7B	1.5B	1.5B	1.5B	1.6B	1.7B
Total Current Assets	1.2B	1.2B	1.2B	1.3B	1.3B	670.7M
Accumulated Other Comprehensive Income	(334.1M)	(359.3M)	(366.5M)	(386.1M)	(382.3M)	(363.2M)
Short Term Debt	19.9M	18.8M	18.8M	19.6M	78.1M	43.7M
Accounts Payable	145.9M	94.2M	122.3M	148.0M	156.1M	163.9M
Intangible Assets	25.8M	14.3M	12.6M	11.5M	21.2M	20.1M
Current Deferred Revenue	117.3M	50.0M	88.2M	113.0M	164.6M	101.3M
Good Will	405.1M	35.0M	34.9M	34.3M	34.2M	32.5M
Other Assets	83.0M	87.7M	59.8M	61.1M	80.7M	0.95
Long Term Debt	792.3M	786.6M	796.5M	805.3M	926.0M	874.2M
Capital Surpluse	225.1M	220.4M	207.1M	192.5M	173.2M	171.6M
Treasury Stock	(718.9M)	(704.1M)	(681.6M)	(660.0M)	(759.0M)	(797.0M)
Property Plant Equipment	939.8M	732.3M	635.7M	578.1M	520.3M	693.5M
Other Liab	106.8M	89.2M	90.1M	84.7M	76.2M	84.1M
Net Tangible Assets	638.5M	502.8M	457.4M	473.9M	426.5M	547.6M

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Oceaneering Total Current Assets vs Retained Earnings Analysis

Total Current Assets vs Retained Earnings

Total Current Assets vs Retained Earnings Correlation Analysis

Correlation Coefficient

Total Current Assets

Retained Earnings

Oceaneering International fundamental ratios Correlations

Oceaneering International Account Relationship Matchups

High Positive Relationship

High Negative Relationship

Oceaneering International fundamental ratios Accounts

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COMMON DESTINATIONS

MAIN CATEGORIES

COMPANY

Cash And Short Term Investments	+ 1.0	Cash
Net Receivables	+ 0.98	Other Current Liab
Retained Earnings	+ 0.97	Total Assets
Non Current Assets Total	+ 0.97	Property Plant And Equipment Net
Property Plant And Equipment Net	+ 0.95	Total Assets
Non Current Assets Total	+ 0.95	Total Assets

Other Stockholder Equity	- 0.94	Non Current Liabilities Total
Other Stockholder Equity	- 0.92	Cash And Short Term Investments
Other Stockholder Equity	- 0.91	Cash
Other Stockholder Equity	- 0.9	Net Debt
Total Liab	- 0.81	Other Stockholder Equity
Other Stockholder Equity	- 0.81	Short Long Term Debt Total