SBM Depreciation vs Change In Working Capital Analysis

0NIS Stock

23.20 0.30 1.31%

SBM Offshore financial indicator trend analysis is much more than just breaking down SBM Offshore NV prevalent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether SBM Offshore NV is a good investment. Please check the relationship between SBM Offshore Depreciation and its Change In Working Capital accounts. Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in SBM Offshore NV. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in producer price index.

Depreciation vs Change In Working Capital

Depreciation vs Change In Working Capital Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of SBM Offshore NV Depreciation account and Change In Working Capital. At this time, the significance of the direction appears to have very strong relationship.

The correlation between SBM Offshore's Depreciation and Change In Working Capital is 0.82. Overlapping area represents the amount of variation of Depreciation that can explain the historical movement of Change In Working Capital in the same time period over historical financial statements of SBM Offshore NV, assuming nothing else is changed. The correlation between historical values of SBM Offshore's Depreciation and Change In Working Capital is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Depreciation of SBM Offshore NV are associated (or correlated) with its Change In Working Capital. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Change In Working Capital has no effect on the direction of Depreciation i.e., SBM Offshore's Depreciation and Change In Working Capital go up and down completely randomly.

Correlation Coefficient

0.82

Relationship Direction	Positive
Relationship Strength	Strong

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Depreciation

Depreciation indicates how much of SBM Offshore NV value has been used up. For tax purposes SBM Offshore can deduct the cost of the tangible assets it purchases as business expenses. However, SBM Offshore NV must depreciate these assets in accordance with IRS rules about how and when the deduction may be taken, and how long it will last. The systematic allocation of the cost of a tangible asset over its useful life.

Change In Working Capital

The difference in the amount of working capital from one period to the next, indicating the change in a company's short-term assets and liabilities.

Most indicators from SBM Offshore's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into SBM Offshore NV 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 SBM Offshore NV. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in producer price index.

Selling General Administrative is expected to rise to about 195.5 M this year, although the value of Tax Provision will most likely fall to about 49.2 M.

	2022	2023	2024	2025 (projected)
Gross Profit	1.2B	1.4B	1.1B	1.1B
Total Revenue	4.9B	5.0B	4.8B	4.0B

Gross Profit Total Revenue

SBM Offshore fundamental ratios Correlations

	Total Assets	Other Current Liab	Total Current Liabilities	Total Stockholder Equity	Other Liab	Net Tangible Assets	Net Debt	Retained Earnings	Accounts Payable	Cash	Non Current Assets Total	Non Currrent Assets Other	Other Assets	Long Term Debt	Net Receivables	Common Stock Shares Outstanding	Short Term Investments	Non Current Liabilities Total	Inventory	Other Current Assets	Other Stockholder Equity	Total Liab	Deferred Long Term Liab	Net Invested Capital	Short Long Term Debt	Total Current Assets
Total Assets		-0.59	0.71	0.94	-0.81	0.9	0.99	0.88	0.92	0.17	-0.52	0.89	-0.56	0.99	0.06	-0.79	-0.46	0.99	0.34	-0.42	0.74	0.99	-0.78	1.0	0.4	0.99
Other Current Liab	-0.59		-0.01	-0.68	0.6	-0.61	-0.52	-0.64	-0.64	0.04	0.28	-0.52	0.64	-0.61	0.73	0.61	0.7	-0.64	-0.42	0.9	-0.57	-0.53	0.33	-0.56	0.21	-0.5
Total Current Liabilities	0.71	-0.01		0.48	-0.49	0.43	0.78	0.45	0.46	0.4	-0.59	0.69	-0.41	0.68	0.56	-0.61	-0.25	0.65	-0.01	0.2	0.44	0.78	-0.85	0.75	0.91	0.75
Total Stockholder Equity	0.94	-0.68	0.48		-0.81	0.95	0.89	0.93	0.97	-0.04	-0.47	0.82	-0.53	0.94	-0.08	-0.76	-0.5	0.95	0.45	-0.53	0.79	0.89	-0.59	0.92	0.1	0.91
Other Liab	-0.81	0.6	-0.49	-0.81		-0.8	-0.73	-0.69	-0.78	-0.45	0.57	-0.89	0.81	-0.79	0.11	0.72	0.66	-0.8	-0.17	0.57	-0.81	-0.77	0.51	-0.78	-0.16	-0.78
Net Tangible Assets	0.9	-0.61	0.43	0.95	-0.8		0.82	0.89	0.92	0.02	-0.4	0.76	-0.5	0.88	-0.05	-0.67	-0.47	0.89	0.32	-0.49	0.75	0.84	-0.55	0.86	0.07	0.89
Net Debt	0.99	-0.52	0.78	0.89	-0.73	0.82		0.85	0.87	0.17	-0.52	0.88	-0.49	0.98	0.14	-0.77	-0.39	0.98	0.32	-0.33	0.66	1.0	-0.83	1.0	0.51	0.98
Retained Earnings	0.88	-0.64	0.45	0.93	-0.69	0.89	0.85		0.97	-0.03	-0.59	0.8	-0.48	0.9	0.01	-0.83	-0.48	0.91	0.5	-0.57	0.52	0.86	-0.62	0.88	0.11	0.89
Accounts Payable	0.92	-0.64	0.46	0.97	-0.78	0.92	0.87	0.97		0.0	-0.53	0.82	-0.49	0.93	-0.02	-0.78	-0.44	0.94	0.54	-0.58	0.63	0.88	-0.62	0.9	0.08	0.92
Cash	0.17	0.04	0.4	-0.04	-0.45	0.02	0.17	-0.03	0.0		-0.29	0.49	-0.46	0.18	0.19	-0.17	-0.21	0.15	-0.47	-0.12	0.03	0.23	-0.24	0.19	0.48	0.2
Non Current Assets Total	-0.52	0.28	-0.59	-0.47	0.57	-0.4	-0.52	-0.59	-0.53	-0.29		-0.67	0.74	-0.5	-0.28	0.9	0.72	-0.5	-0.27	0.26	-0.31	-0.56	0.61	-0.53	-0.41	-0.55
Non Currrent Assets Other	0.89	-0.52	0.69	0.82	-0.89	0.76	0.88	0.8	0.82	0.49	-0.67		-0.69	0.9	0.13	-0.82	-0.55	0.89	0.12	-0.49	0.64	0.9	-0.64	0.9	0.42	0.89
Other Assets	-0.56	0.64	-0.41	-0.53	0.81	-0.5	-0.49	-0.48	-0.49	-0.46	0.74	-0.69		-0.53	0.27	0.79	0.93	-0.54	-0.14	0.58	-0.63	-0.54	0.52	-0.54	-0.22	-0.51
Long Term Debt	0.99	-0.61	0.68	0.94	-0.79	0.88	0.98	0.9	0.93	0.18	-0.5	0.9	-0.53		0.04	-0.78	-0.42	1.0	0.36	-0.46	0.69	0.99	-0.76	0.99	0.38	0.98
Net Receivables	0.06	0.73	0.56	-0.08	0.11	-0.05	0.14	0.01	-0.02	0.19	-0.28	0.13	0.27	0.04		-0.03	0.37	0.0	-0.22	0.7	-0.21	0.15	-0.23	0.11	0.59	0.17
Common Stock Shares Outstanding	-0.79	0.61	-0.61	-0.76	0.72	-0.67	-0.77	-0.83	-0.78	-0.17	0.9	-0.82	0.79	-0.78	-0.03		0.79	-0.79	-0.38	0.5	-0.55	-0.8	0.71	-0.79	-0.35	-0.78
Short Term Investments	-0.46	0.7	-0.25	-0.5	0.66	-0.47	-0.39	-0.48	-0.44	-0.21	0.72	-0.55	0.93	-0.42	0.37	0.79		-0.44	-0.14	0.6	-0.58	-0.43	0.37	-0.43	-0.07	-0.4
Non Current Liabilities Total	0.99	-0.64	0.65	0.95	-0.8	0.89	0.98	0.91	0.94	0.15	-0.5	0.89	-0.54	1.0	0.0	-0.79	-0.44		0.38	-0.5	0.69	0.98	-0.75	0.99	0.34	0.98
Inventory	0.34	-0.42	-0.01	0.45	-0.17	0.32	0.32	0.5	0.54	-0.47	-0.27	0.12	-0.14	0.36	-0.22	-0.38	-0.14	0.38		-0.4	0.15	0.31	-0.41	0.32	-0.26	0.34
Other Current Assets	-0.42	0.9	0.2	-0.53	0.57	-0.49	-0.33	-0.57	-0.58	-0.12	0.26	-0.49	0.58	-0.46	0.7	0.5	0.6	-0.5	-0.4		-0.32	-0.36	0.12	-0.39	0.4	-0.35
Other Stockholder Equity	0.74	-0.57	0.44	0.79	-0.81	0.75	0.66	0.52	0.63	0.03	-0.31	0.64	-0.63	0.69	-0.21	-0.55	-0.58	0.69	0.15	-0.32		0.67	-0.42	0.7	0.13	0.66
Total Liab	0.99	-0.53	0.78	0.89	-0.77	0.84	1.0	0.86	0.88	0.23	-0.56	0.9	-0.54	0.99	0.15	-0.8	-0.43	0.98	0.31	-0.36	0.67		-0.83	1.0	0.51	0.99
Deferred Long Term Liab	-0.78	0.33	-0.85	-0.59	0.51	-0.55	-0.83	-0.62	-0.62	-0.24	0.61	-0.64	0.52	-0.76	-0.23	0.71	0.37	-0.75	-0.41	0.12	-0.42	-0.83		-0.8	-0.7	-0.81
Net Invested Capital	1.0	-0.56	0.75	0.92	-0.78	0.86	1.0	0.88	0.9	0.19	-0.53	0.9	-0.54	0.99	0.11	-0.79	-0.43	0.99	0.32	-0.39	0.7	1.0	-0.8		0.45	0.99
Short Long Term Debt	0.4	0.21	0.91	0.1	-0.16	0.07	0.51	0.11	0.08	0.48	-0.41	0.42	-0.22	0.38	0.59	-0.35	-0.07	0.34	-0.26	0.4	0.13	0.51	-0.7	0.45		0.45
Total Current Assets	0.99	-0.5	0.75	0.91	-0.78	0.89	0.98	0.89	0.92	0.2	-0.55	0.89	-0.51	0.98	0.17	-0.78	-0.4	0.98	0.34	-0.35	0.66	0.99	-0.81	0.99	0.45

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SBM Offshore Account Relationship Matchups

SBM Offshore fundamental ratios Accounts

	2020	2021	2022	2023	2024	2025 (projected)
Total Assets	11.1B	13.2B	15.9B	17.2B	17.2B	14.5B
Other Current Liab	1.1B	1.2B	1.7B	1M	900K	855K
Total Current Liabilities	2.6B	3.2B	3.6B	2.8B	2.9B	2.9B
Total Stockholder Equity	2.6B	2.6B	3.4B	3.7B	3.6B	3.3B
Other Liab	617M	664M	549M	499M	449.1M	459.2M
Net Tangible Assets	2.7B	2.5B	2.5B	3.3B	3.8B	3.0B
Net Debt	5.1B	6.6B	7.8B	8.7B	8.0B	6.7B
Retained Earnings	1.8B	1.9B	2.2B	2.5B	2.5B	2.2B
Accounts Payable	131M	151M	204M	254M	237M	186.7M
Cash	414M	1.0B	682M	543M	806M	740.3M
Non Current Assets Total	7.2B	6.8B	6.8B	7.8B	7.4B	5.9B
Other Assets	6.6B	6.4B	6.0B	6.1B	5.5B	5.0B
Long Term Debt	4.3B	5.9B	6.8B	8.1B	7.6B	6.2B
Net Receivables	3.1B	5.2B	8.1B	200M	309M	293.6M
Common Stock Shares Outstanding	188.7M	180.7M	178.1M	179.0M	174.6M	150.8M
Non Current Liabilities Total	5.1B	6.5B	7.4B	8.8B	8.4B	7.0B
Inventory	143M	14M	25M	148M	37M	66.8M
Other Current Assets	99M	56M	144M	3M	1M	950K
Other Stockholder Equity	(238M)	(296M)	(347M)	205M	235.8M	247.5M
Total Liab	7.6B	9.7B	11.0B	11.6B	11.3B	9.9B
Net Invested Capital	8.1B	10.2B	11.9B	12.9B	12.5B	10.8B
Short Long Term Debt	1.2B	1.8B	1.7B	1.1B	1.2B	1.3B
Total Current Assets	3.8B	6.4B	9.1B	9.4B	9.8B	6.4B
Net Working Capital	1.3B	3.2B	5.5B	6.6B	6.9B	3.5B
Intangible Assets	50M	86M	117M	153M	176M	88.1M
Common Stock	56M	58M	51M	48M	43.2M	44.5M
Property Plant Equipment	1.0B	542M	396M	314M	282.6M	268.5M
Capital Lease Obligations	71M	56M	46M	85M	93M	81.4M
Capital Stock	58M	51M	48M	50M	46M	42.1M
Non Current Liabilities Other	102M	133M	127M	96M	90M	105.6M
Property Plant And Equipment Net	544M	396M	314M	384M	266M	387.9M
Property Plant And Equipment Gross	3.0B	2.0B	2.0B	2.2B	1.5B	1.9B

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Other Information on Investing in SBM Stock

Balance Sheet is a snapshot of the financial position of SBM Offshore NV at a specified time, usually calculated after every quarter, six months, or one year. SBM Offshore Balance Sheet has two main parts: assets and liabilities. Liabilities are the debts or obligations of SBM Offshore and are divided into current liabilities and long term liabilities. An asset, on the other hand, is anything of value that can be converted into cash and which SBM currently owns. An asset can also be divided into two categories, current and non-current.

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SBM Depreciation vs Change In Working Capital Analysis

Depreciation vs Change In Working Capital

Depreciation vs Change In Working Capital Correlation Analysis

Correlation Coefficient

Depreciation

Change In Working Capital

SBM Offshore fundamental ratios Correlations

SBM Offshore Account Relationship Matchups

High Positive Relationship

High Negative Relationship

SBM Offshore fundamental ratios Accounts

Building efficient market-beating portfolios requires time, education, and a lot of computing power!

Other Information on Investing in SBM Stock

COMMON DESTINATIONS

MAIN CATEGORIES

COMPANY

Net Invested Capital	+ 1.0	Total Assets
Total Liab	+ 1.0	Net Debt
Net Invested Capital	+ 1.0	Net Debt
Non Current Liabilities Total	+ 1.0	Long Term Debt
Net Invested Capital	+ 1.0	Total Liab
Net Debt	+ 0.99	Total Assets

Non Currrent Assets Other	- 0.89	Other Liab
Deferred Long Term Liab	- 0.85	Total Current Liabilities
Deferred Long Term Liab	- 0.83	Total Liab
Common Stock Shares Outstanding	- 0.83	Retained Earnings
Deferred Long Term Liab	- 0.83	Net Debt
Common Stock Shares Outstanding	- 0.82	Non Currrent Assets Other