Aban Total Stockholder Equity vs Total Assets Analysis

ABAN Stock

41.90 1.99 4.99%

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 Total Assets 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 Total Assets

Total Stockholder Equity vs Total Assets 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 Total Assets. At this time, the significance of the direction appears to have very strong relationship.

The correlation between Aban Offshore's Total Stockholder Equity and Total Assets is 0.88. Overlapping area represents the amount of variation of Total Stockholder Equity that can explain the historical movement of Total Assets 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 Total Assets 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 Total Assets. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Total Assets has no effect on the direction of Total Stockholder Equity i.e., Aban Offshore's Total Stockholder Equity and Total Assets go up and down completely randomly.

Correlation Coefficient

0.88

Relationship Direction	Positive
Relationship Strength	Strong

View All Relationships

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.

Total Assets

Total assets refers to the total amount of Aban Offshore 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 Aban Offshore Limited 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.

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 1 B in 2025. Tax Provision is likely to drop to about 134.6 M in 2025

Aban Offshore 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	Short Long Term Debt Total	Property Plant And Equipment Net	Net Debt	Non Current Assets Total	Non Currrent Assets Other	Cash And Short Term Investments	Common Stock Shares Outstanding	Short Term Investments	Non Current Liabilities Total	Other Stockholder Equity	Total Current Assets
Total Assets		-0.27	-0.73	0.88	0.84	0.74	0.6	-0.11	0.9	0.75	-0.53	-0.27	0.66	0.76	0.96	-0.02	0.95	-0.02	1.0	-0.12	0.42	-0.2	-0.54	0.86	0.72	0.89
Other Current Liab	-0.27		0.55	-0.4	-0.4	0.01	-0.36	0.03	-0.16	-0.09	-0.13	0.35	-0.27	-0.3	-0.23	0.33	-0.22	0.33	-0.28	-0.63	-0.44	0.31	0.24	-0.4	0.13	-0.19
Total Current Liabilities	-0.73	0.55		-0.93	-0.94	-0.24	-0.41	0.09	-0.52	-0.3	0.49	0.72	-0.62	-0.7	-0.67	0.62	-0.66	0.62	-0.75	-0.08	-0.34	0.64	0.53	-0.81	-0.38	-0.48
Total Stockholder Equity	0.88	-0.4	-0.93		1.0	0.45	0.41	-0.16	0.72	0.52	-0.62	-0.67	0.62	0.7	0.85	-0.48	0.84	-0.48	0.89	-0.08	0.29	-0.53	-0.62	0.8	0.56	0.68
Retained Earnings	0.84	-0.4	-0.94	1.0		0.41	0.38	-0.19	0.68	0.47	-0.63	-0.7	0.61	0.69	0.82	-0.54	0.82	-0.54	0.86	-0.07	0.27	-0.58	-0.65	0.79	0.52	0.63
Accounts Payable	0.74	0.01	-0.24	0.45	0.41		0.45	-0.17	0.75	0.93	-0.43	0.11	0.49	0.5	0.7	0.38	0.71	0.38	0.72	-0.33	0.23	0.09	-0.33	0.53	0.56	0.81
Cash	0.6	-0.36	-0.41	0.41	0.38	0.45		0.1	0.49	0.32	0.15	0.06	0.58	0.67	0.49	0.18	0.46	0.17	0.61	0.1	0.93	-0.11	-0.13	0.63	0.41	0.49
Other Assets	-0.11	0.03	0.09	-0.16	-0.19	-0.17	0.1		-0.16	-0.05	0.19	0.15	0.02	-0.04	-0.19	0.13	-0.17	0.14	-0.11	0.17	0.01	0.09	0.62	-0.08	-0.05	-0.08
Net Receivables	0.9	-0.16	-0.52	0.72	0.68	0.75	0.49	-0.16		0.82	-0.53	-0.13	0.3	0.47	0.96	0.13	0.92	0.13	0.88	-0.29	0.35	0.11	-0.52	0.63	0.77	0.98
Inventory	0.75	-0.09	-0.3	0.52	0.47	0.93	0.32	-0.05	0.82		-0.48	-0.02	0.33	0.4	0.77	0.28	0.77	0.28	0.73	-0.29	0.11	0.1	-0.31	0.49	0.59	0.89
Other Current Assets	-0.53	-0.13	0.49	-0.62	-0.63	-0.43	0.15	0.19	-0.53	-0.48		0.42	-0.29	-0.34	-0.55	0.3	-0.55	0.29	-0.53	0.21	0.34	0.26	0.66	-0.4	-0.38	-0.48
Total Liab	-0.27	0.35	0.72	-0.67	-0.7	0.11	0.06	0.15	-0.13	-0.02	0.42		-0.25	-0.28	-0.27	0.93	-0.27	0.93	-0.29	-0.01	0.04	0.82	0.42	-0.32	-0.11	-0.06
Intangible Assets	0.66	-0.27	-0.62	0.62	0.61	0.49	0.58	0.02	0.3	0.33	-0.29	-0.25		0.88	0.45	-0.12	0.49	-0.13	0.69	0.15	0.4	-0.54	-0.36	0.77	0.34	0.31
Common Stock	0.76	-0.3	-0.7	0.7	0.69	0.5	0.67	-0.04	0.47	0.4	-0.34	-0.28	0.88		0.58	-0.11	0.54	-0.11	0.78	0.16	0.45	-0.47	-0.49	0.86	0.54	0.47
Property Plant Equipment	0.96	-0.23	-0.67	0.85	0.82	0.7	0.49	-0.19	0.96	0.77	-0.55	-0.27	0.45	0.58		-0.02	0.98	-0.02	0.95	-0.21	0.34	-0.09	-0.55	0.76	0.71	0.94
Short Long Term Debt Total	-0.02	0.33	0.62	-0.48	-0.54	0.38	0.18	0.13	0.13	0.28	0.3	0.93	-0.12	-0.11	-0.02		-0.03	1.0	-0.05	-0.07	0.08	0.82	0.3	-0.14	0.13	0.21
Property Plant And Equipment Net	0.95	-0.22	-0.66	0.84	0.82	0.71	0.46	-0.17	0.92	0.77	-0.55	-0.27	0.49	0.54	0.98	-0.03		-0.03	0.95	-0.24	0.32	-0.12	-0.52	0.73	0.64	0.9
Net Debt	-0.02	0.33	0.62	-0.48	-0.54	0.38	0.17	0.14	0.13	0.28	0.29	0.93	-0.13	-0.11	-0.02	1.0	-0.03		-0.05	-0.07	0.08	0.82	0.3	-0.15	0.12	0.21
Non Current Assets Total	1.0	-0.28	-0.75	0.89	0.86	0.72	0.61	-0.11	0.88	0.73	-0.53	-0.29	0.69	0.78	0.95	-0.05	0.95	-0.05		-0.1	0.42	-0.24	-0.55	0.88	0.7	0.86
Non Currrent Assets Other	-0.12	-0.63	-0.08	-0.08	-0.07	-0.33	0.1	0.17	-0.29	-0.29	0.21	-0.01	0.15	0.16	-0.21	-0.07	-0.24	-0.07	-0.1		0.12	-0.12	-0.07	0.17	-0.33	-0.27
Cash And Short Term Investments	0.42	-0.44	-0.34	0.29	0.27	0.23	0.93	0.01	0.35	0.11	0.34	0.04	0.4	0.45	0.34	0.08	0.32	0.08	0.42	0.12		-0.09	-0.09	0.49	0.24	0.32
Common Stock Shares Outstanding	-0.2	0.31	0.64	-0.53	-0.58	0.09	-0.11	0.09	0.11	0.1	0.26	0.82	-0.54	-0.47	-0.09	0.82	-0.12	0.82	-0.24	-0.12	-0.09		0.33	-0.35	0.08	0.15
Short Term Investments	-0.54	0.24	0.53	-0.62	-0.65	-0.33	-0.13	0.62	-0.52	-0.31	0.66	0.42	-0.36	-0.49	-0.55	0.3	-0.52	0.3	-0.55	-0.07	-0.09	0.33		-0.49	-0.37	-0.43
Non Current Liabilities Total	0.86	-0.4	-0.81	0.8	0.79	0.53	0.63	-0.08	0.63	0.49	-0.4	-0.32	0.77	0.86	0.76	-0.14	0.73	-0.15	0.88	0.17	0.49	-0.35	-0.49		0.56	0.62
Other Stockholder Equity	0.72	0.13	-0.38	0.56	0.52	0.56	0.41	-0.05	0.77	0.59	-0.38	-0.11	0.34	0.54	0.71	0.13	0.64	0.12	0.7	-0.33	0.24	0.08	-0.37	0.56		0.73
Total Current Assets	0.89	-0.19	-0.48	0.68	0.63	0.81	0.49	-0.08	0.98	0.89	-0.48	-0.06	0.31	0.47	0.94	0.21	0.9	0.21	0.86	-0.27	0.32	0.15	-0.43	0.62	0.73

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Aban Offshore Account Relationship Matchups

Aban Offshore fundamental ratios Accounts

	2020	2021	2022	2023	2024	2025 (projected)
Total Assets	46.2B	29.7B	17.4B	15.2B	17.4B	16.6B
Other Current Liab	(118.5M)	68.8B	10K	96.9B	111.4B	117.0B
Total Current Liabilities	213.7B	224.8B	240.4B	253.9B	291.9B	306.5B
Total Stockholder Equity	(168.2B)	(195.1B)	(223.0B)	(238.7B)	(214.8B)	(204.1B)
Retained Earnings	(185.4B)	(207.2B)	(218.1B)	(231.3B)	(208.2B)	(197.8B)
Accounts Payable	6.1B	3.4B	3.9B	3.9B	4.5B	6.0B
Cash	722.5M	864.5M	1.5B	435.1M	391.6M	372.0M
Other Assets	918.0M	1.9B	12.9B	10K	11.5K	10.9K
Net Receivables	5.4B	4.2B	5.5B	3.3B	3.8B	3.6B
Inventory	2.9B	2.0B	966.1M	1.1B	1.3B	2.5B
Other Current Assets	3.1B	2.0B	4.4B	840.2M	966.2M	1.2B
Total Liab	214.4B	224.8B	240.4B	253.9B	291.9B	152.6B
Intangible Assets	3.3B	3.4B	3.7B	3.7B	3.3B	3.2B
Property Plant Equipment	37.4B	28.7B	3.7B	3.3B	3.8B	3.6B
Short Long Term Debt Total	149.0B	149.7B	151.3B	153.1B	176.0B	129.7B
Property Plant And Equipment Net	28.7B	3.7B	3.3B	3.0B	2.7B	2.6B
Net Debt	148.3B	148.8B	149.9B	152.6B	175.5B	127.2B
Non Current Assets Total	34.1B	20.1B	9.8B	9.5B	8.5B	8.1B
Non Currrent Assets Other	1.3B	12.3B	2.2B	2.1B	1.9B	2.0B
Cash And Short Term Investments	722.5M	864.5M	2.2B	435.1M	391.6M	372.0M
Short Term Investments	1.7B	1.9B	684.6M	395.7M	455.0M	450.3M
Liabilities And Stockholders Equity	46.2B	29.7B	17.4B	15.2B	13.6B	13.0B
Non Current Liabilities Total	692.0M	810K	4.1M	5.1M	4.6M	4.4M
Other Stockholder Equity	19.3B	19.3B	17.8B	17.9B	20.5B	36.3B
Total Current Assets	12.1B	9.5B	7.6B	5.7B	6.5B	6.2B
Accumulated Other Comprehensive Income	(766.6M)	(5.9B)	(22.8B)	(25.4B)	(22.9B)	(24.0B)
Other Liab	3.8B	6.3M	11.6M	810K	931.5K	884.9K
Current Deferred Revenue	56.5B	69.0B	85.0B	28.6M	32.9M	31.2M
Short Term Debt	94.7B	152.5B	151.3B	153.1B	176.0B	184.8B
Net Tangible Assets	(55.8B)	(156.3B)	(171.5B)	(198.5B)	(178.6B)	(169.7B)
Short Long Term Debt	123.4M	149.7B	151.3B	153.1B	176.0B	105.9B
Net Invested Capital	(168.1B)	(195.1B)	(71.6B)	(85.6B)	(77.1B)	(73.2B)
Net Working Capital	(201.6B)	(215.3B)	(232.8B)	(248.2B)	(223.4B)	(234.6B)

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Aban Total Stockholder Equity vs Total Assets Analysis

Total Stockholder Equity vs Total Assets

Total Stockholder Equity vs Total Assets Correlation Analysis

Correlation Coefficient

Total Stockholder Equity

Total Assets

Aban Offshore fundamental ratios Correlations

Aban Offshore Account Relationship Matchups

High Positive Relationship

High Negative Relationship

Aban Offshore fundamental ratios Accounts

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COMMON DESTINATIONS

MAIN CATEGORIES

COMPANY

Non Current Assets Total	+ 1.0	Total Assets
Retained Earnings	+ 1.0	Total Stockholder Equity
Net Debt	+ 1.0	Short Long Term Debt Total
Total Current Assets	+ 0.98	Net Receivables
Property Plant And Equipment Net	+ 0.98	Property Plant Equipment
Property Plant Equipment	+ 0.96	Total Assets

Retained Earnings	- 0.94	Total Current Liabilities
Total Stockholder Equity	- 0.93	Total Current Liabilities
Non Current Liabilities Total	- 0.81	Total Current Liabilities
Non Current Assets Total	- 0.75	Total Current Liabilities
Total Current Liabilities	- 0.73	Total Assets
Total Liab	- 0.7	Retained Earnings