Aban Total Stockholder Equity vs Retained Earnings Analysis
ABAN Stock | 64.77 0.61 0.95% |
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 Total Stockholder Equity and its Retained Earnings 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.
Total Stockholder Equity vs Retained Earnings
Total Stockholder Equity vs Retained Earnings Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Aban Offshore Limited Total Stockholder Equity account and Retained Earnings. At this time, the significance of the direction appears to have totally related.
The correlation between Aban Offshore's Total Stockholder Equity and Retained Earnings is 1.0. Overlapping area represents the amount of variation of Total Stockholder Equity that can explain the historical movement of Retained Earnings 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 Total Stockholder Equity and Retained Earnings 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 Stockholder Equity of Aban Offshore Limited are associated (or correlated) with its Retained Earnings. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Retained Earnings has no effect on the direction of Total Stockholder Equity i.e., Aban Offshore's Total Stockholder Equity and Retained Earnings go up and down completely randomly.
Correlation Coefficient | 1.0 |
Relationship Direction | Positive |
Relationship Strength | Very Strong |
Total Stockholder Equity
The total equity held by shareholders, calculated as the difference between a company's total assets and total liabilities. It represents the net value of the company owned by shareholders.Retained Earnings
The cumulative amount of net income that a company retains for reinvestment in its operations, rather than distributing it to shareholders as dividends.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
Click cells to compare fundamentals
Aban Offshore Account Relationship Matchups
High Positive Relationship
High Negative Relationship
Aban Offshore fundamental ratios Accounts
2019 | 2020 | 2021 | 2022 | 2023 | 2024 (projected) | ||
Total Assets | 60.1B | 46.2B | 29.7B | 17.4B | 15.2B | 14.4B | |
Other Current Liab | 3.1B | (118.5M) | 68.8B | 10K | 96.9B | 101.7B | |
Total Current Liabilities | 213.3B | 213.7B | 224.8B | 240.4B | 253.9B | 266.6B | |
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 Payable | 9.4B | 6.1B | 3.4B | 3.9B | 3.9B | 6.0B | |
Cash | 439.9M | 722.5M | 864.5M | 1.5B | 435.1M | 413.3M | |
Other Assets | 918.0M | 1.9B | 12.9B | 10K | 11.5K | 10.9K | |
Net Receivables | 11.0B | 5.4B | 4.2B | 5.5B | 3.3B | 3.1B | |
Inventory | 4.6B | 2.9B | 2.0B | 966.1M | 1.1B | 1.1B | |
Other Current Assets | 129.3M | 3.1B | 2.0B | 4.4B | 840.2M | 1.2B | |
Total Liab | 213.3B | 214.4B | 224.8B | 240.4B | 253.9B | 152.6B | |
Intangible Assets | 3.1B | 3.3B | 3.4B | 3.7B | 3.7B | 3.5B | |
Property Plant Equipment | 37.4B | 28.7B | 3.7B | 3.3B | 3.8B | 3.6B | |
Short Long Term Debt Total | 153.8B | 149.0B | 149.7B | 151.3B | 153.1B | 129.7B | |
Property Plant And Equipment Net | 37.4B | 28.7B | 3.7B | 3.3B | 3.0B | 2.8B | |
Net Debt | 153.4B | 148.3B | 148.8B | 149.9B | 152.6B | 127.2B | |
Non Current Assets Total | 41.7B | 34.1B | 20.1B | 9.8B | 9.5B | 9.0B | |
Non Currrent Assets Other | 512.1M | 1.3B | 12.3B | 2.2B | 2.1B | 2.2B | |
Cash And Short Term Investments | 439.9M | 722.5M | 864.5M | 2.2B | 435.1M | 413.3M | |
Short Term Investments | 160K | 1.7B | 1.9B | 684.6M | 395.7M | 450.3M | |
Liabilities And Stockholders Equity | 60.1B | 46.2B | 29.7B | 17.4B | 15.2B | 14.4B | |
Non Current Liabilities Total | 6.3M | 692.0M | 810K | 4.1M | 5.1M | 4.8M | |
Other Stockholder Equity | 10.9B | 19.3B | 19.3B | 17.8B | 17.9B | 17.0B | |
Total Current Assets | 18.4B | 12.1B | 9.5B | 7.6B | 5.7B | 5.4B | |
Accumulated Other Comprehensive Income | (164.0B) | (766.6M) | (5.9B) | (22.8B) | (25.4B) | (26.7B) | |
Other Liab | 3.8B | 6.3M | 11.6M | 810K | 931.5K | 884.9K | |
Current Deferred Revenue | 47.0B | 56.5B | 69.0B | 85.0B | 28.6M | 27.2M | |
Short Term Debt | 153.8B | 94.7B | 152.5B | 151.3B | 153.1B | 85.1B | |
Net Tangible Assets | (55.8B) | (156.3B) | (171.5B) | (198.5B) | (178.6B) | (169.7B) | |
Short Long Term Debt | 156.9B | 123.4M | 149.7B | 151.3B | 153.1B | 105.9B | |
Net Invested Capital | 3.7B | (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) |
Also Currently Popular
Analyzing currently trending equities could be an opportunity to develop a better portfolio based on different market momentums that they can trigger. Utilizing the top trending stocks is also useful when creating a market-neutral strategy or pair trading technique involving a short or a long position in a currently trending equity.Additional Tools for Aban Stock Analysis
When running Aban Offshore's price analysis, check to measure Aban Offshore's market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy Aban Offshore is operating at the current time. Most of Aban Offshore's value examination focuses on studying past and present price action to predict the probability of Aban Offshore's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Aban Offshore's price. Additionally, you may evaluate how the addition of Aban Offshore to your portfolios can decrease your overall portfolio volatility.