Offshore Intangible Assets vs Deferred Long Term Liab Analysis

600583 Stock   4.99  0.02  0.40%   
Offshore Oil financial indicator trend analysis is much more than just breaking down Offshore Oil Engineering prevalent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Offshore Oil Engineering is a good investment. Please check the relationship between Offshore Oil Intangible Assets and its Deferred Long Term Liab accounts. Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in Offshore Oil Engineering. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in nation.

Intangible Assets vs Deferred Long Term Liab

Intangible Assets vs Deferred Long Term Liab Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Offshore Oil Engineering Intangible Assets account and Deferred Long Term Liab. At this time, the significance of the direction appears to have strong relationship.
The correlation between Offshore Oil's Intangible Assets and Deferred Long Term Liab is 0.78. Overlapping area represents the amount of variation of Intangible Assets that can explain the historical movement of Deferred Long Term Liab in the same time period over historical financial statements of Offshore Oil Engineering, assuming nothing else is changed. The correlation between historical values of Offshore Oil's Intangible Assets and Deferred Long Term Liab is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Intangible Assets of Offshore Oil Engineering are associated (or correlated) with its Deferred Long Term Liab. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Deferred Long Term Liab has no effect on the direction of Intangible Assets i.e., Offshore Oil's Intangible Assets and Deferred Long Term Liab go up and down completely randomly.

Correlation Coefficient

0.78
Relationship DirectionPositive 
Relationship StrengthSignificant

Intangible Assets

Non-physical assets possessed by a company, such as patents, trademarks, and copyrights, which provide long-term value.

Deferred Long Term Liab

Liabilities that are due after more than one year, including deferred tax liabilities and deferred revenue.
Most indicators from Offshore Oil's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Offshore Oil Engineering 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 Offshore Oil Engineering. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in nation.
As of March 7, 2025, Selling General Administrative is expected to decline to about 90.8 M. In addition to that, Tax Provision is expected to decline to about 225.4 M
 2022 2023 2024 2025 (projected)
Operating Income1.0B1.7B2.0B1.3B
Total Revenue29.4B30.8B35.4B37.1B

Offshore Oil fundamental ratios Correlations

0.030.920.930.870.930.560.220.880.170.180.880.870.620.550.05-0.540.88-0.5-0.810.810.630.710.71-0.740.69
0.030.07-0.05-0.06-0.04-0.360.340.150.080.210.17-0.050.310.380.380.31-0.080.220.04-0.05-0.170.03-0.26-0.03-0.08
0.920.070.720.660.990.330.020.81-0.020.260.970.810.390.390.05-0.450.91-0.62-0.910.920.530.860.8-0.890.75
0.93-0.050.720.980.750.650.310.810.330.10.650.810.690.52-0.1-0.660.78-0.29-0.660.630.720.50.55-0.530.61
0.87-0.060.660.980.710.620.240.770.340.020.560.810.630.42-0.25-0.730.79-0.21-0.670.620.790.50.51-0.520.64
0.93-0.040.990.750.710.37-0.010.830.010.230.940.840.360.33-0.03-0.50.94-0.63-0.930.930.570.860.82-0.890.79
0.56-0.360.330.650.620.370.060.31-0.01-0.240.30.590.390.380.02-0.360.39-0.23-0.180.250.310.180.36-0.170.01
0.220.340.020.310.24-0.010.060.120.450.20.09-0.160.710.620.230.06-0.060.30.05-0.110.28-0.12-0.040.180.03
0.880.150.810.810.770.830.310.120.130.190.80.80.560.490.14-0.40.74-0.44-0.730.660.460.60.57-0.630.74
0.170.08-0.020.330.340.01-0.010.450.130.55-0.050.040.370.18-0.08-0.240.060.14-0.01-0.140.32-0.12-0.20.240.1
0.180.210.260.10.020.23-0.240.20.190.550.27-0.040.230.210.21-0.120.07-0.04-0.140.060.020.21-0.02-0.070.14
0.880.170.970.650.560.940.30.090.8-0.050.270.750.440.510.27-0.240.8-0.65-0.80.840.360.80.74-0.830.64
0.87-0.050.810.810.810.840.59-0.160.80.04-0.040.750.350.33-0.08-0.520.88-0.52-0.780.780.510.720.7-0.720.62
0.620.310.390.690.630.360.390.710.560.370.230.440.350.910.35-0.210.290.17-0.240.180.390.270.24-0.160.31
0.550.380.390.520.420.330.380.620.490.180.210.510.330.910.650.10.180.03-0.130.130.060.270.25-0.140.11
0.050.380.05-0.1-0.25-0.030.020.230.14-0.080.210.27-0.080.350.650.69-0.32-0.170.3-0.26-0.65-0.12-0.130.19-0.35
-0.540.31-0.45-0.66-0.73-0.5-0.360.06-0.4-0.24-0.12-0.24-0.52-0.210.10.69-0.680.050.63-0.55-0.86-0.45-0.440.44-0.62
0.88-0.080.910.780.790.940.39-0.060.740.060.070.80.880.290.18-0.32-0.68-0.52-0.960.950.750.850.81-0.890.83
-0.50.22-0.62-0.29-0.21-0.63-0.230.3-0.440.14-0.04-0.65-0.520.170.03-0.170.05-0.520.49-0.58-0.03-0.39-0.570.51-0.29
-0.810.04-0.91-0.66-0.67-0.93-0.180.05-0.73-0.01-0.14-0.8-0.78-0.24-0.130.30.63-0.960.49-0.95-0.72-0.88-0.810.9-0.91
0.81-0.050.920.630.620.930.25-0.110.66-0.140.060.840.780.180.13-0.26-0.550.95-0.58-0.950.630.870.84-0.970.79
0.63-0.170.530.720.790.570.310.280.460.320.020.360.510.390.06-0.65-0.860.75-0.03-0.720.630.520.53-0.510.75
0.710.030.860.50.50.860.18-0.120.6-0.120.210.80.720.270.27-0.12-0.450.85-0.39-0.880.870.520.86-0.870.77
0.71-0.260.80.550.510.820.36-0.040.57-0.2-0.020.740.70.240.25-0.13-0.440.81-0.57-0.810.840.530.86-0.780.71
-0.74-0.03-0.89-0.53-0.52-0.89-0.170.18-0.630.24-0.07-0.83-0.72-0.16-0.140.190.44-0.890.510.9-0.97-0.51-0.87-0.78-0.75
0.69-0.080.750.610.640.790.010.030.740.10.140.640.620.310.11-0.35-0.620.83-0.29-0.910.790.750.770.71-0.75
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Offshore Oil Account Relationship Matchups

Offshore Oil fundamental ratios Accounts

202020212022202320242025 (projected)
Total Assets33.3B34.7B42.6B43.3B49.7B52.2B
Other Current Liab992.2M2.0B3.4B519.4M597.3M567.4M
Total Current Liabilities9.6B11.1B16.2B15.6B18.0B18.9B
Total Stockholder Equity22.7B22.7B23.7B24.8B28.5B29.9B
Retained Earnings13.6B13.7B14.8B14.0B16.1B16.9B
Accounts Payable7.5B8.5B11.7B12.5B14.4B15.1B
Cash1.6B1.2B2.1B4.3B5.0B5.2B
Other Assets589.3M512.2M527.5M465.0M534.7M355.6M
Net Receivables7.4B5.7B6.3B6.1B7.1B7.4B
Inventory1.0B1.2B1.3B982.8M1.1B1.5B
Other Current Assets316.2M674.4M2.5B1.2B1.4B866.8M
Total Liab10.6B11.9B17.0B16.5B18.9B19.9B
Intangible Assets1.1B1.1B2.3B2.2B2.6B2.7B
Property Plant Equipment11.4B11.3B11.7B13.9B16.0B9.7B
Other Liab473.6M567.0M283.7M597.1M686.7M608.2M
Long Term Debt436.2M475.1M159.6M220.0M198.0M188.1M
Net Tangible Assets21.5B21.5B21.6B21.4B19.3B17.4B
Other Stockholder Equity490.7M386.5M382.1M184.2M165.8M157.5M
Deferred Long Term Liab77.7M101.0M197.5M219.3M252.2M264.9M
Total Current Assets16.9B18.0B25.6B24.6B28.3B19.0B
Non Current Assets Total16.4B16.6B17.1B18.7B21.5B18.2B
Non Currrent Assets Other16.2B15.4B12.5B1.5B1.4B1.3B
Non Current Liabilities Total1.0B798.4M771.3M844.5M971.2M730.3M
Net Invested Capital23.3B23.2B24.2B25.0B28.8B25.9B
Non Current Liabilities Other328.5M91.1M338.1M341.7M393.0M247.7M
Net Working Capital7.2B7.0B9.4B9.0B10.3B8.7B
Property Plant And Equipment Net11.3B11.7B13.9B13.4B15.4B13.6B
Property Plant And Equipment Gross21.6B22.8B26.9B13.4B12.1B16.9B

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Other Information on Investing in Offshore Stock

Balance Sheet is a snapshot of the financial position of Offshore Oil Engineering at a specified time, usually calculated after every quarter, six months, or one year. Offshore Oil Balance Sheet has two main parts: assets and liabilities. Liabilities are the debts or obligations of Offshore Oil 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 Offshore currently owns. An asset can also be divided into two categories, current and non-current.