TechnipFMC Short Long Term Debt Total vs Treasury Stock Analysis

0RMV Stock   29.71  0.57  1.96%   
TechnipFMC PLC financial indicator trend analysis is much more than just breaking down TechnipFMC PLC prevalent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether TechnipFMC PLC is a good investment. Please check the relationship between TechnipFMC PLC Short Long Term Debt Total and its Treasury Stock accounts. Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in TechnipFMC PLC. 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 TechnipFMC Stock please use our How to Invest in TechnipFMC PLC guide.

Short Long Term Debt Total vs Treasury Stock

Short Long Term Debt Total vs Treasury Stock Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of TechnipFMC PLC Short Long Term Debt Total account and Treasury Stock. At this time, the significance of the direction appears to have almost identical trend.
The correlation between TechnipFMC PLC's Short Long Term Debt Total and Treasury Stock is 0.97. Overlapping area represents the amount of variation of Short Long Term Debt Total that can explain the historical movement of Treasury Stock in the same time period over historical financial statements of TechnipFMC PLC, assuming nothing else is changed. The correlation between historical values of TechnipFMC PLC's Short Long Term Debt Total and Treasury Stock 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 Long Term Debt Total of TechnipFMC PLC are associated (or correlated) with its Treasury Stock. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Treasury Stock has no effect on the direction of Short Long Term Debt Total i.e., TechnipFMC PLC's Short Long Term Debt Total and Treasury Stock go up and down completely randomly.

Correlation Coefficient

0.97
Relationship DirectionPositive 
Relationship StrengthVery Strong

Short Long Term Debt Total

Treasury Stock

Most indicators from TechnipFMC PLC's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into TechnipFMC PLC 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 TechnipFMC PLC. 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 TechnipFMC Stock please use our How to Invest in TechnipFMC PLC guide.Tax Provision is likely to gain to about 222.3 M in 2024, whereas Selling General Administrative is likely to drop slightly above 1.1 B in 2024.
 2019 2020 2023 2024 (projected)
Interest Income10.4M28M25.2M23.9M
Tax Provision276.3M153.4M138.1M222.3M

TechnipFMC PLC fundamental ratios Correlations

0.57-0.280.930.110.2-0.140.570.210.330.920.470.330.14-0.050.060.840.470.60.470.310.29
0.57-0.790.46-0.69-0.68-0.861.0-0.670.960.280.970.950.12-0.770.80.270.970.980.970.9-0.52
-0.28-0.79-0.40.520.590.63-0.790.6-0.75-0.12-0.7-0.720.170.56-0.690.23-0.71-0.74-0.7-0.640.5
0.930.46-0.40.280.330.040.460.330.20.940.310.18-0.030.14-0.040.630.310.480.320.150.39
0.11-0.690.520.280.970.94-0.690.96-0.840.47-0.8-0.84-0.290.97-0.860.18-0.81-0.69-0.8-0.850.93
0.2-0.680.590.330.970.93-0.681.0-0.850.5-0.75-0.84-0.090.94-0.880.33-0.76-0.64-0.75-0.80.9
-0.14-0.860.630.040.940.93-0.860.93-0.950.19-0.92-0.93-0.180.97-0.870.0-0.93-0.84-0.92-0.90.81
0.571.0-0.790.46-0.69-0.68-0.86-0.670.960.280.970.950.12-0.770.80.270.970.980.970.9-0.52
0.21-0.670.60.330.961.00.93-0.67-0.840.5-0.75-0.83-0.080.93-0.870.34-0.76-0.64-0.75-0.80.9
0.330.96-0.750.2-0.84-0.85-0.950.96-0.840.030.970.990.12-0.880.910.090.960.930.970.94-0.69
0.920.28-0.120.940.470.50.190.280.50.030.130.01-0.090.31-0.230.760.130.290.14-0.030.61
0.470.97-0.70.31-0.8-0.75-0.920.97-0.750.970.130.960.32-0.860.860.260.990.981.00.96-0.67
0.330.95-0.720.18-0.84-0.84-0.930.95-0.830.990.010.960.18-0.870.930.10.960.930.960.97-0.69
0.140.120.17-0.03-0.29-0.09-0.180.12-0.080.12-0.090.320.18-0.220.270.380.280.290.320.4-0.42
-0.05-0.770.560.140.970.940.97-0.770.93-0.880.31-0.86-0.87-0.22-0.810.04-0.88-0.77-0.85-0.840.85
0.060.8-0.69-0.04-0.86-0.88-0.870.8-0.870.91-0.230.860.930.27-0.81-0.150.830.80.860.95-0.82
0.840.270.230.630.180.330.00.270.340.090.760.260.10.380.04-0.150.260.350.270.140.36
0.470.97-0.710.31-0.81-0.76-0.930.97-0.760.960.130.990.960.28-0.880.830.260.980.990.94-0.66
0.60.98-0.740.48-0.69-0.64-0.840.98-0.640.930.290.980.930.29-0.770.80.350.980.980.92-0.55
0.470.97-0.70.32-0.8-0.75-0.920.97-0.750.970.141.00.960.32-0.850.860.270.990.980.96-0.67
0.310.9-0.640.15-0.85-0.8-0.90.9-0.80.94-0.030.960.970.4-0.840.950.140.940.920.96-0.75
0.29-0.520.50.390.930.90.81-0.520.9-0.690.61-0.67-0.69-0.420.85-0.820.36-0.66-0.55-0.67-0.75
Click cells to compare fundamentals

TechnipFMC PLC Account Relationship Matchups

TechnipFMC PLC fundamental ratios Accounts

201920202021202220232024 (projected)
Total Assets28.3B24.8B23.5B19.7B17.7B18.4B
Short Long Term Debt Total3.8B4.1B4.0B3.3B3.8B3.8B
Total Current Liabilities9.8B9.1B10.1B10.4B9.4B8.1B
Total Stockholder Equity13.4B10.4B7.7B4.2B3.7B6.5B
Retained Earnings3.4B1.1B(1.6B)(4.9B)(4.4B)(4.2B)
Cash6.7B5.5B5.2B4.8B4.3B4.6B
Other Assets879M564.7M592.5M489.4M440.5M563.2M
Long Term Debt3.8B4.1B4.0B3.3B3.8B3.8B
Cash And Short Term Investments6.7B5.5B5.3B4.9B4.4B4.6B
Net Receivables3.2B3.8B3.8B3.6B4.1B3.7B
Good Will8.9B7.6B5.6B2.5B2.3B2.1B
Capital Surpluse10.5B10.2B10.2B10.2B11.8B9.6B
Inventory1.4B1.4B1.7B1.5B1.7B1.5B
Other Current Assets460M182.2M241.6M397.6M357.8M252.3M
Other Stockholder Equity(1.0B)(1.4B)(1.4B)(1.6B)(1.5B)(1.5B)
Total Liab14.9B14.4B15.9B15.5B17.9B16.4B
Total Current Assets13.0B11.8B11.9B11.4B10.3B9.4B
Intangible Assets1.3B1.2B1.1B981.1M1.1B1.0B
Common Stock465.1M450.5M447.1M449.5M516.9M423.9M
Property Plant Equipment3.9B3.3B4.1B3.9B4.5B3.9B

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