Offshore Total Assets vs Selling General Administrative 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 Total Assets and its Selling General Administrative 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.

Total Assets vs Selling General Administrative

Total Assets vs Selling General Administrative Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Offshore Oil Engineering Total Assets account and Selling General Administrative. At this time, the significance of the direction appears to have weak contrarian relationship.

The correlation between Offshore Oil's Total Assets and Selling General Administrative is -0.14. Overlapping area represents the amount of variation of Total Assets that can explain the historical movement of Selling General Administrative 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 Total Assets and Selling General Administrative 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 Assets of Offshore Oil Engineering are associated (or correlated) with its Selling General Administrative. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Selling General Administrative has no effect on the direction of Total Assets i.e., Offshore Oil's Total Assets and Selling General Administrative go up and down completely randomly.

Correlation Coefficient

-0.14

Relationship Direction	Negative
Relationship Strength	Insignificant

View All Relationships

Total Assets

Total assets refers to the total amount of Offshore Oil assets owned. Assets are items that have some economic value and are expended over time to create a benefit for the owner. These assets are usually recorded in Offshore Oil Engineering books under different categories such as cash, marketable securities, accounts receivable,prepaid expenses, inventory, fixed assets, intangible assets, other assets, marketable securities, accounts receivable, prepaid expenses and others. The total value of all owned resources that are expected to provide future economic benefits to the business, including cash, investments, accounts receivable, inventory, property, plant, equipment, and intangible assets.

Selling General Administrative

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 6, 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 Income	1.0B	1.7B	2.0B	1.3B
Total Revenue	29.4B	30.8B	35.4B	37.1B

Operating Income Total Revenue

Offshore Oil fundamental ratios Correlations

	Total Assets	Other Current Liab	Total Current Liabilities	Total Stockholder Equity	Retained Earnings	Accounts Payable	Cash	Other Assets	Net Receivables	Inventory	Other Current Assets	Total Liab	Intangible Assets	Common Stock	Property Plant Equipment	Other Liab	Long Term Debt	Short Term Investments	Net Tangible Assets	Other Stockholder Equity	Deferred Long Term Liab	Long Term Investments	Total Current Assets	Non Current Assets Total	Non Currrent Assets Other	Non Current Liabilities Total
Total Assets		0.03	0.92	0.93	0.87	0.93	0.56	0.22	0.88	0.17	0.18	0.88	0.87	0.62	0.55	0.05	-0.54	0.88	-0.5	-0.81	0.81	0.63	0.71	0.71	-0.74	0.69
Other Current Liab	0.03		0.07	-0.05	-0.06	-0.04	-0.36	0.34	0.15	0.08	0.21	0.17	-0.05	0.31	0.38	0.38	0.31	-0.08	0.22	0.04	-0.05	-0.17	0.03	-0.26	-0.03	-0.08
Total Current Liabilities	0.92	0.07		0.72	0.66	0.99	0.33	0.02	0.81	-0.02	0.26	0.97	0.81	0.39	0.39	0.05	-0.45	0.91	-0.62	-0.91	0.92	0.53	0.86	0.8	-0.89	0.75
Total Stockholder Equity	0.93	-0.05	0.72		0.98	0.75	0.65	0.31	0.81	0.33	0.1	0.65	0.81	0.69	0.52	-0.1	-0.66	0.78	-0.29	-0.66	0.63	0.72	0.5	0.55	-0.53	0.61
Retained Earnings	0.87	-0.06	0.66	0.98		0.71	0.62	0.24	0.77	0.34	0.02	0.56	0.81	0.63	0.42	-0.25	-0.73	0.79	-0.21	-0.67	0.62	0.79	0.5	0.51	-0.52	0.64
Accounts Payable	0.93	-0.04	0.99	0.75	0.71		0.37	-0.01	0.83	0.01	0.23	0.94	0.84	0.36	0.33	-0.03	-0.5	0.94	-0.63	-0.93	0.93	0.57	0.86	0.82	-0.89	0.79
Cash	0.56	-0.36	0.33	0.65	0.62	0.37		0.06	0.31	-0.01	-0.24	0.3	0.59	0.39	0.38	0.02	-0.36	0.39	-0.23	-0.18	0.25	0.31	0.18	0.36	-0.17	0.01
Other Assets	0.22	0.34	0.02	0.31	0.24	-0.01	0.06		0.12	0.45	0.2	0.09	-0.16	0.71	0.62	0.23	0.06	-0.06	0.3	0.05	-0.11	0.28	-0.12	-0.04	0.18	0.03
Net Receivables	0.88	0.15	0.81	0.81	0.77	0.83	0.31	0.12		0.13	0.19	0.8	0.8	0.56	0.49	0.14	-0.4	0.74	-0.44	-0.73	0.66	0.46	0.6	0.57	-0.63	0.74
Inventory	0.17	0.08	-0.02	0.33	0.34	0.01	-0.01	0.45	0.13		0.55	-0.05	0.04	0.37	0.18	-0.08	-0.24	0.06	0.14	-0.01	-0.14	0.32	-0.12	-0.2	0.24	0.1
Other Current Assets	0.18	0.21	0.26	0.1	0.02	0.23	-0.24	0.2	0.19	0.55		0.27	-0.04	0.23	0.21	0.21	-0.12	0.07	-0.04	-0.14	0.06	0.02	0.21	-0.02	-0.07	0.14
Total Liab	0.88	0.17	0.97	0.65	0.56	0.94	0.3	0.09	0.8	-0.05	0.27		0.75	0.44	0.51	0.27	-0.24	0.8	-0.65	-0.8	0.84	0.36	0.8	0.74	-0.83	0.64
Intangible Assets	0.87	-0.05	0.81	0.81	0.81	0.84	0.59	-0.16	0.8	0.04	-0.04	0.75		0.35	0.33	-0.08	-0.52	0.88	-0.52	-0.78	0.78	0.51	0.72	0.7	-0.72	0.62
Common Stock	0.62	0.31	0.39	0.69	0.63	0.36	0.39	0.71	0.56	0.37	0.23	0.44	0.35		0.91	0.35	-0.21	0.29	0.17	-0.24	0.18	0.39	0.27	0.24	-0.16	0.31
Property Plant Equipment	0.55	0.38	0.39	0.52	0.42	0.33	0.38	0.62	0.49	0.18	0.21	0.51	0.33	0.91		0.65	0.1	0.18	0.03	-0.13	0.13	0.06	0.27	0.25	-0.14	0.11
Other Liab	0.05	0.38	0.05	-0.1	-0.25	-0.03	0.02	0.23	0.14	-0.08	0.21	0.27	-0.08	0.35	0.65		0.69	-0.32	-0.17	0.3	-0.26	-0.65	-0.12	-0.13	0.19	-0.35
Long Term Debt	-0.54	0.31	-0.45	-0.66	-0.73	-0.5	-0.36	0.06	-0.4	-0.24	-0.12	-0.24	-0.52	-0.21	0.1	0.69		-0.68	0.05	0.63	-0.55	-0.86	-0.45	-0.44	0.44	-0.62
Short Term Investments	0.88	-0.08	0.91	0.78	0.79	0.94	0.39	-0.06	0.74	0.06	0.07	0.8	0.88	0.29	0.18	-0.32	-0.68		-0.52	-0.96	0.95	0.75	0.85	0.81	-0.89	0.83
Net Tangible Assets	-0.5	0.22	-0.62	-0.29	-0.21	-0.63	-0.23	0.3	-0.44	0.14	-0.04	-0.65	-0.52	0.17	0.03	-0.17	0.05	-0.52		0.49	-0.58	-0.03	-0.39	-0.57	0.51	-0.29
Other Stockholder Equity	-0.81	0.04	-0.91	-0.66	-0.67	-0.93	-0.18	0.05	-0.73	-0.01	-0.14	-0.8	-0.78	-0.24	-0.13	0.3	0.63	-0.96	0.49		-0.95	-0.72	-0.88	-0.81	0.9	-0.91
Deferred Long Term Liab	0.81	-0.05	0.92	0.63	0.62	0.93	0.25	-0.11	0.66	-0.14	0.06	0.84	0.78	0.18	0.13	-0.26	-0.55	0.95	-0.58	-0.95		0.63	0.87	0.84	-0.97	0.79
Long Term Investments	0.63	-0.17	0.53	0.72	0.79	0.57	0.31	0.28	0.46	0.32	0.02	0.36	0.51	0.39	0.06	-0.65	-0.86	0.75	-0.03	-0.72	0.63		0.52	0.53	-0.51	0.75
Total Current Assets	0.71	0.03	0.86	0.5	0.5	0.86	0.18	-0.12	0.6	-0.12	0.21	0.8	0.72	0.27	0.27	-0.12	-0.45	0.85	-0.39	-0.88	0.87	0.52		0.86	-0.87	0.77
Non Current Assets Total	0.71	-0.26	0.8	0.55	0.51	0.82	0.36	-0.04	0.57	-0.2	-0.02	0.74	0.7	0.24	0.25	-0.13	-0.44	0.81	-0.57	-0.81	0.84	0.53	0.86		-0.78	0.71
Non Currrent Assets Other	-0.74	-0.03	-0.89	-0.53	-0.52	-0.89	-0.17	0.18	-0.63	0.24	-0.07	-0.83	-0.72	-0.16	-0.14	0.19	0.44	-0.89	0.51	0.9	-0.97	-0.51	-0.87	-0.78		-0.75
Non Current Liabilities Total	0.69	-0.08	0.75	0.61	0.64	0.79	0.01	0.03	0.74	0.1	0.14	0.64	0.62	0.31	0.11	-0.35	-0.62	0.83	-0.29	-0.91	0.79	0.75	0.77	0.71	-0.75

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Offshore Oil Account Relationship Matchups

Offshore Oil fundamental ratios Accounts

	2020	2021	2022	2023	2024	2025 (projected)
Total Assets	33.3B	34.7B	42.6B	43.3B	49.7B	52.2B
Other Current Liab	992.2M	2.0B	3.4B	519.4M	597.3M	567.4M
Total Current Liabilities	9.6B	11.1B	16.2B	15.6B	18.0B	18.9B
Total Stockholder Equity	22.7B	22.7B	23.7B	24.8B	28.5B	29.9B
Retained Earnings	13.6B	13.7B	14.8B	14.0B	16.1B	16.9B
Accounts Payable	7.5B	8.5B	11.7B	12.5B	14.4B	15.1B
Cash	1.6B	1.2B	2.1B	4.3B	5.0B	5.2B
Other Assets	589.3M	512.2M	527.5M	465.0M	534.7M	355.6M
Net Receivables	7.4B	5.7B	6.3B	6.1B	7.1B	7.4B
Inventory	1.0B	1.2B	1.3B	982.8M	1.1B	1.5B
Other Current Assets	316.2M	674.4M	2.5B	1.2B	1.4B	866.8M
Total Liab	10.6B	11.9B	17.0B	16.5B	18.9B	19.9B
Intangible Assets	1.1B	1.1B	2.3B	2.2B	2.6B	2.7B
Property Plant Equipment	11.4B	11.3B	11.7B	13.9B	16.0B	9.7B
Other Liab	473.6M	567.0M	283.7M	597.1M	686.7M	608.2M
Long Term Debt	436.2M	475.1M	159.6M	220.0M	198.0M	188.1M
Net Tangible Assets	21.5B	21.5B	21.6B	21.4B	19.3B	17.4B
Other Stockholder Equity	490.7M	386.5M	382.1M	184.2M	165.8M	157.5M
Deferred Long Term Liab	77.7M	101.0M	197.5M	219.3M	252.2M	264.9M
Total Current Assets	16.9B	18.0B	25.6B	24.6B	28.3B	19.0B
Non Current Assets Total	16.4B	16.6B	17.1B	18.7B	21.5B	18.2B
Non Currrent Assets Other	16.2B	15.4B	12.5B	1.5B	1.4B	1.3B
Non Current Liabilities Total	1.0B	798.4M	771.3M	844.5M	971.2M	730.3M
Net Invested Capital	23.3B	23.2B	24.2B	25.0B	28.8B	25.9B
Non Current Liabilities Other	328.5M	91.1M	338.1M	341.7M	393.0M	247.7M
Net Working Capital	7.2B	7.0B	9.4B	9.0B	10.3B	8.7B
Property Plant And Equipment Net	11.3B	11.7B	13.9B	13.4B	15.4B	13.6B
Property Plant And Equipment Gross	21.6B	22.8B	26.9B	13.4B	12.1B	16.9B

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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.

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Offshore Total Assets vs Selling General Administrative Analysis

Total Assets vs Selling General Administrative

Total Assets vs Selling General Administrative Correlation Analysis

Correlation Coefficient

Total Assets

Selling General Administrative

Offshore Oil fundamental ratios Correlations

Offshore Oil Account Relationship Matchups

High Positive Relationship

High Negative Relationship

Offshore Oil fundamental ratios Accounts

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Other Information on Investing in Offshore Stock

COMMON DESTINATIONS

MAIN CATEGORIES

COMPANY

Accounts Payable	+ 0.99	Total Current Liabilities
Retained Earnings	+ 0.98	Total Stockholder Equity
Total Liab	+ 0.97	Total Current Liabilities
Deferred Long Term Liab	+ 0.95	Short Term Investments
Total Liab	+ 0.94	Accounts Payable
Short Term Investments	+ 0.94	Accounts Payable

Non Currrent Assets Other	- 0.97	Deferred Long Term Liab
Other Stockholder Equity	- 0.96	Short Term Investments
Deferred Long Term Liab	- 0.95	Other Stockholder Equity
Other Stockholder Equity	- 0.93	Accounts Payable
Non Current Liabilities Total	- 0.91	Other Stockholder Equity
Other Stockholder Equity	- 0.91	Total Current Liabilities