Aban Long Term Debt vs Property Plant And Equipment Net Analysis

ABAN Stock   64.16  0.78  1.23%   
Aban Offshore financial indicator trend analysis is way more than just evaluating Aban Offshore Limited prevailing accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Aban Offshore Limited is a good investment. Please check the relationship between Aban Offshore Long Term Debt and its Property Plant And Equipment Net accounts. Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in Aban Offshore Limited. 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.

Long Term Debt vs Property Plant And Equipment Net

Long Term Debt vs Property Plant And Equipment Net Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Aban Offshore Limited Long Term Debt account and Property Plant And Equipment Net. At this time, the significance of the direction appears to have strong relationship.
The correlation between Aban Offshore's Long Term Debt and Property Plant And Equipment Net is 0.7. Overlapping area represents the amount of variation of Long Term Debt that can explain the historical movement of Property Plant And Equipment Net in the same time period over historical financial statements of Aban Offshore Limited, assuming nothing else is changed. The correlation between historical values of Aban Offshore's Long Term Debt and Property Plant And Equipment Net is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Long Term Debt of Aban Offshore Limited are associated (or correlated) with its Property Plant And Equipment Net. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Property Plant And Equipment Net has no effect on the direction of Long Term Debt i.e., Aban Offshore's Long Term Debt and Property Plant And Equipment Net go up and down completely randomly.

Correlation Coefficient

0.7
Relationship DirectionPositive 
Relationship StrengthSignificant

Long Term Debt

Long-term debt is a debt that Aban Offshore Limited has held for over one year. Long-term debt appears on Aban Offshore Limited balance sheet and also includes long-term leases. The most common forms of long term debt are bonds payable, long-term notes payable, mortgage payable, pension liabilities, and lease liabilities. In the corporate world, long-term debt is generally used to fund big-ticket items, such as machinery, buildings, and land. The total of long-term debt reported on Aban Offshore Limited balance sheet is the sum of the balances of all categories of long-term debt. Debt that is not due within the current year and is often considered to be financing activities that are to be repaid over several years.

Property Plant And Equipment Net

The total value of a company's physical assets (such as land, buildings, and equipment) used in operations, net of depreciation. It reflects the company's investment in assets used for production.
Most indicators from Aban Offshore's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Aban Offshore Limited 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 Aban Offshore Limited. 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.
Selling General Administrative is likely to drop to about 908.5 M in 2024. Tax Provision is likely to drop to about 134.6 M in 2024

Aban Offshore fundamental ratios Correlations

-0.18-0.70.870.830.730.57-0.150.850.890.77-0.55-0.170.650.750.960.080.950.081.0-0.110.36-0.17-0.550.860.75
-0.180.45-0.32-0.330.09-0.270.09-0.36-0.06-0.07-0.150.25-0.23-0.26-0.140.25-0.120.25-0.19-0.71-0.360.270.24-0.350.14
-0.70.45-0.93-0.94-0.19-0.320.16-0.81-0.46-0.30.530.71-0.62-0.7-0.630.6-0.610.6-0.72-0.12-0.250.650.57-0.81-0.41
0.87-0.32-0.931.00.420.36-0.20.790.710.54-0.65-0.60.60.690.83-0.420.83-0.420.88-0.070.22-0.52-0.630.790.59
0.83-0.33-0.941.00.370.33-0.230.770.660.48-0.65-0.650.60.680.8-0.480.8-0.480.85-0.050.21-0.57-0.660.780.54
0.730.09-0.190.420.370.42-0.20.510.740.89-0.440.230.470.490.690.480.70.480.71-0.320.190.11-0.330.520.54
0.57-0.27-0.320.360.330.420.060.610.450.320.160.220.570.660.450.30.410.290.570.120.92-0.07-0.130.60.43
-0.150.090.16-0.2-0.23-0.20.06-0.11-0.2-0.050.20.230.0-0.07-0.230.19-0.220.19-0.150.18-0.020.110.63-0.11-0.05
0.85-0.36-0.810.790.770.510.61-0.110.60.48-0.4-0.260.770.870.73-0.090.7-0.090.860.20.46-0.33-0.491.00.56
0.89-0.06-0.460.710.660.740.45-0.20.60.84-0.54-0.010.270.450.950.230.910.230.87-0.280.290.15-0.520.620.79
0.77-0.07-0.30.540.480.890.32-0.050.480.84-0.490.160.330.40.790.390.780.40.74-0.280.10.16-0.30.490.6
-0.55-0.150.53-0.65-0.65-0.440.160.2-0.4-0.54-0.490.47-0.29-0.34-0.570.31-0.570.31-0.550.210.360.250.66-0.41-0.39
-0.170.250.71-0.6-0.650.230.220.23-0.26-0.010.160.47-0.2-0.23-0.160.93-0.170.94-0.19-0.050.190.810.45-0.26-0.03
0.65-0.23-0.620.60.60.470.570.00.770.270.33-0.29-0.20.880.43-0.080.47-0.080.680.170.37-0.53-0.360.760.34
0.75-0.26-0.70.690.680.490.66-0.070.870.450.4-0.34-0.230.880.56-0.060.52-0.060.770.180.42-0.46-0.490.860.55
0.96-0.14-0.630.830.80.690.45-0.230.730.950.79-0.57-0.160.430.560.080.980.080.95-0.20.28-0.05-0.560.740.74
0.080.250.6-0.42-0.480.480.30.19-0.090.230.390.310.93-0.08-0.060.080.061.00.05-0.10.190.780.3-0.090.18
0.95-0.12-0.610.830.80.70.41-0.220.70.910.78-0.57-0.170.470.520.980.060.070.94-0.230.26-0.09-0.530.710.67
0.080.250.6-0.42-0.480.480.290.19-0.090.230.40.310.94-0.08-0.060.081.00.070.05-0.10.180.780.3-0.090.18
1.0-0.19-0.720.880.850.710.57-0.150.860.870.74-0.55-0.190.680.770.950.050.940.05-0.090.37-0.21-0.560.870.74
-0.11-0.71-0.12-0.07-0.05-0.320.120.180.2-0.28-0.280.21-0.050.170.18-0.2-0.1-0.23-0.1-0.090.14-0.13-0.070.19-0.33
0.36-0.36-0.250.220.210.190.92-0.020.460.290.10.360.190.370.420.280.190.260.180.370.14-0.05-0.080.460.26
-0.170.270.65-0.52-0.570.11-0.070.11-0.330.150.160.250.81-0.53-0.46-0.050.78-0.090.78-0.21-0.13-0.050.32-0.330.11
-0.550.240.57-0.63-0.66-0.33-0.130.63-0.49-0.52-0.30.660.45-0.36-0.49-0.560.3-0.530.3-0.56-0.07-0.080.32-0.5-0.37
0.86-0.35-0.810.790.780.520.6-0.111.00.620.49-0.41-0.260.760.860.74-0.090.71-0.090.870.190.46-0.33-0.50.57
0.750.14-0.410.590.540.540.43-0.050.560.790.6-0.39-0.030.340.550.740.180.670.180.74-0.330.260.11-0.370.57
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Aban Offshore Account Relationship Matchups

Aban Offshore fundamental ratios Accounts

201920202021202220232024 (projected)
Total Assets60.1B46.2B29.7B17.4B15.2B14.4B
Other Current Liab3.1B(118.5M)68.8B10K96.9B101.7B
Total Current Liabilities213.3B213.7B224.8B240.4B253.9B266.6B
Total Stockholder Equity(153.2B)(168.2B)(195.1B)(223.0B)(238.7B)(226.8B)
Retained Earnings(165.7B)(185.4B)(207.2B)(218.1B)(231.3B)(219.7B)
Accounts Payable9.4B6.1B3.4B3.9B3.9B6.0B
Cash439.9M722.5M864.5M1.5B435.1M413.3M
Other Assets918.0M1.9B12.9B10K11.5K10.9K
Net Receivables11.0B5.4B4.2B5.5B3.3B3.1B
Inventory4.6B2.9B2.0B966.1M1.1B1.1B
Other Current Assets129.3M3.1B2.0B4.4B840.2M1.2B
Total Liab213.3B214.4B224.8B240.4B253.9B152.6B
Intangible Assets3.1B3.3B3.4B3.7B3.7B3.5B
Property Plant Equipment37.4B28.7B3.7B3.3B3.8B3.6B
Short Long Term Debt Total153.8B149.0B149.7B151.3B153.1B129.7B
Property Plant And Equipment Net37.4B28.7B3.7B3.3B3.0B2.8B
Net Debt153.4B148.3B148.8B149.9B152.6B127.2B
Non Current Assets Total41.7B34.1B20.1B9.8B9.5B9.0B
Non Currrent Assets Other512.1M1.3B12.3B2.2B2.1B2.2B
Cash And Short Term Investments439.9M722.5M864.5M2.2B435.1M413.3M
Short Term Investments160K1.7B1.9B684.6M395.7M450.3M
Liabilities And Stockholders Equity60.1B46.2B29.7B17.4B15.2B14.4B
Non Current Liabilities Total6.3M692.0M810K4.1M5.1M4.8M
Other Stockholder Equity10.9B19.3B19.3B17.8B17.9B17.0B
Total Current Assets18.4B12.1B9.5B7.6B5.7B5.4B
Accumulated Other Comprehensive Income(164.0B)(766.6M)(5.9B)(22.8B)(25.4B)(26.7B)
Other Liab3.8B6.3M11.6M810K931.5K884.9K
Current Deferred Revenue47.0B56.5B69.0B85.0B28.6M27.2M
Short Term Debt153.8B94.7B152.5B151.3B153.1B85.1B
Net Tangible Assets(55.8B)(156.3B)(171.5B)(198.5B)(178.6B)(169.7B)
Short Long Term Debt156.9B123.4M149.7B151.3B153.1B105.9B
Net Invested Capital3.7B(168.1B)(195.1B)(71.6B)(85.6B)(81.4B)
Net Working Capital(194.9B)(201.6B)(215.3B)(232.8B)(248.2B)(260.6B)

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