Euronav Depreciation And Amortization vs Total Other Income Expense Net Analysis

CMBT Stock   11.52  0.24  2.04%   
Euronav NV financial indicator trend analysis is much more than just examining Euronav NV latest accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Euronav NV is a good investment. Please check the relationship between Euronav NV Depreciation And Amortization and its Total Other Income Expense Net accounts. Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in Euronav NV. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in bureau of labor statistics.
For more information on how to buy Euronav Stock please use our How to Invest in Euronav NV guide.

Depreciation And Amortization vs Total Other Income Expense Net

Depreciation And Amortization vs Total Other Income Expense Net Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Euronav NV Depreciation And Amortization account and Total Other Income Expense Net. At this time, the significance of the direction appears to have no relationship.
The correlation between Euronav NV's Depreciation And Amortization and Total Other Income Expense Net is 0.01. Overlapping area represents the amount of variation of Depreciation And Amortization that can explain the historical movement of Total Other Income Expense Net in the same time period over historical financial statements of Euronav NV, assuming nothing else is changed. The correlation between historical values of Euronav NV's Depreciation And Amortization and Total Other Income Expense 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 Depreciation And Amortization of Euronav NV are associated (or correlated) with its Total Other Income Expense Net. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Total Other Income Expense Net has no effect on the direction of Depreciation And Amortization i.e., Euronav NV's Depreciation And Amortization and Total Other Income Expense Net go up and down completely randomly.

Correlation Coefficient

0.01
Relationship DirectionPositive 
Relationship StrengthInsignificant

Depreciation And Amortization

The systematic reduction in the recorded value of an intangible asset. This includes the allocation of the cost of tangible assets to periods in which the assets are used, representing the expense related to the wear and tear, deterioration, or obsolescence of physical assets and intangible assets over their useful lives.

Total Other Income Expense Net

Most indicators from Euronav NV's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Euronav NV 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 Euronav NV. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in bureau of labor statistics.
For more information on how to buy Euronav Stock please use our How to Invest in Euronav NV guide.At this time, Euronav NV's Tax Provision is comparatively stable compared to the past year. Sales General And Administrative To Revenue is likely to gain to 0.05 in 2024, whereas Selling General Administrative is likely to drop slightly above 39.6 M in 2024.
 2021 2022 2023 2024 (projected)
Interest Expense95.5M86.7M132.9M71.2M
Depreciation And Amortization345.0M226.7M221.0M202.3M

Euronav NV fundamental ratios Correlations

-0.4-0.340.90.870.580.330.980.070.330.910.830.920.620.6-0.030.940.210.940.310.930.680.31-0.24-0.420.43
-0.40.98-0.55-0.37-0.65-0.39-0.4-0.16-0.39-0.4-0.31-0.46-0.440.170.02-0.550.57-0.42-0.17-0.32-0.6-0.72-0.150.43-0.51
-0.340.98-0.5-0.37-0.62-0.31-0.36-0.11-0.31-0.31-0.25-0.41-0.420.230.09-0.50.6-0.33-0.09-0.25-0.55-0.69-0.140.43-0.36
0.9-0.55-0.50.690.410.40.880.250.40.850.850.980.310.390.070.97-0.210.90.360.950.430.470.06-0.50.38
0.87-0.37-0.370.690.73-0.020.93-0.29-0.020.670.590.730.80.52-0.360.80.340.74-0.050.730.770.13-0.5-0.480.16
0.58-0.65-0.620.410.73-0.110.61-0.47-0.110.460.120.410.870.15-0.530.540.140.49-0.280.350.880.3-0.37-0.350.41
0.33-0.39-0.310.4-0.02-0.110.220.871.00.440.610.330.050.210.820.29-0.220.40.940.290.240.530.350.060.63
0.98-0.4-0.360.880.930.610.22-0.010.220.850.80.90.650.55-0.120.930.220.910.210.910.690.23-0.32-0.470.33
0.07-0.16-0.110.25-0.29-0.470.87-0.010.870.240.550.19-0.33-0.030.940.11-0.350.190.920.18-0.150.330.410.090.38
0.33-0.39-0.310.4-0.02-0.111.00.220.870.440.610.330.050.210.820.29-0.220.40.940.290.240.530.350.060.63
0.91-0.4-0.310.850.670.460.440.850.240.440.80.850.480.490.150.830.120.910.460.860.580.5-0.03-0.30.52
0.83-0.31-0.250.850.590.120.610.80.550.610.80.870.250.510.440.820.010.830.680.880.370.3-0.08-0.370.39
0.92-0.46-0.410.980.730.410.330.90.190.330.850.870.340.480.010.98-0.10.90.320.980.440.38-0.07-0.520.36
0.62-0.44-0.420.310.80.870.050.65-0.330.050.480.250.340.37-0.330.460.470.47-0.070.320.970.18-0.57-0.240.34
0.60.170.230.390.520.150.210.55-0.030.210.490.510.480.370.040.420.560.520.280.530.340.05-0.27-0.10.23
-0.030.020.090.07-0.36-0.530.82-0.120.940.820.150.440.01-0.330.04-0.08-0.150.130.930.04-0.180.190.40.220.42
0.94-0.55-0.50.970.80.540.290.930.110.290.830.820.980.460.42-0.08-0.090.890.240.950.550.37-0.15-0.560.35
0.210.570.6-0.210.340.14-0.220.22-0.35-0.220.120.01-0.10.470.56-0.15-0.090.09-0.090.030.32-0.51-0.640.21-0.04
0.94-0.42-0.330.90.740.490.40.910.190.40.910.830.90.470.520.130.890.090.420.920.580.35-0.03-0.380.58
0.31-0.17-0.090.36-0.05-0.280.940.210.920.940.460.680.32-0.070.280.930.24-0.090.420.330.110.390.30.050.56
0.93-0.32-0.250.950.730.350.290.910.180.290.860.880.980.320.530.040.950.030.920.330.40.25-0.13-0.460.34
0.68-0.6-0.550.430.770.880.240.69-0.150.240.580.370.440.970.34-0.180.550.320.580.110.40.32-0.45-0.270.53
0.31-0.72-0.690.470.130.30.530.230.330.530.50.30.380.180.050.190.37-0.510.350.390.250.320.51-0.260.41
-0.24-0.15-0.140.06-0.5-0.370.35-0.320.410.35-0.03-0.08-0.07-0.57-0.270.4-0.15-0.64-0.030.3-0.13-0.450.510.240.14
-0.420.430.43-0.5-0.48-0.350.06-0.470.090.06-0.3-0.37-0.52-0.24-0.10.22-0.560.21-0.380.05-0.46-0.27-0.260.24-0.05
0.43-0.51-0.360.380.160.410.630.330.380.630.520.390.360.340.230.420.35-0.040.580.560.340.530.410.14-0.05
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Euronav NV Account Relationship Matchups

Euronav NV fundamental ratios Accounts

201920202021202220232024 (projected)
Total Assets4.2B3.7B3.8B4.0B3.4B3.1B
Other Current Liab54.3M45.0M50.6M48.5M65.0M119.8M
Total Current Liabilities316.1M203.6M321.0M255.1M424.8M269.0M
Total Stockholder Equity2.3B2.3B2.0B2.2B2.4B1.5B
Property Plant And Equipment Net3.2B3.1B3.2B3.3B1.8B2.4B
Net Debt1.4B1.1B1.6B1.5B501.3M476.3M
Cash297.0M161.5M152.5M180.4M429.0M450.5M
Non Current Assets Total3.4B3.2B3.3B3.4B2.7B2.7B
Non Currrent Assets Other71.1M55.1M55.6M40.6M891.0M935.6M
Cash And Short Term Investments297.0M161.5M152.5M180.4M429.0M450.5M
Net Receivables287.5M192.6M214.6M346.0M286.8M174.1M
Common Stock Shares Outstanding216.0M210.2M201.8M202.0M201.9M120.3M
Liabilities And Stockholders Equity4.2B3.7B3.8B4.0B3.4B3.1B
Non Current Liabilities Total1.5B1.2B1.5B1.5B636.6M1.2B
Inventory183.4M75.8M69.0M41.8M22.5M43.7M
Other Current Assets34.5M22.0M23.2M1.0893.4M938.1M
Other Stockholder Equity1.7B1.7B1.5B1.5B1.3B837.0M
Total Liab1.9B1.4B1.8B1.8B1.1B1.6B
Property Plant And Equipment Gross3.2B3.1B3.2B3.3B3.4B2.5B
Total Current Assets802.2M451.9M459.4M568.2M1.6B1.7B
Accumulated Other Comprehensive Income(4.3M)(6.5M)2.8M33.1M1.4M1.3M
Short Long Term Debt Total1.7B1.3B1.7B1.7B930.7M1.4B
Current Deferred Revenue17.8M13.1M7.5M17.6M17.4M14.1M
Retained Earnings420.1M540.7M180.1M387.1M807.3M419.8M
Accounts Payable22.7M27.2M26.0M24.7M42.0M36.5M
Short Term Debt221.2M117.6M236.5M157.6M295.6M174.4M
Intangible Assets39K162K185.9K15.7M14.2M14.9M
Other Liab9.9M9.1M7.7M3.1M2.8M2.6M
Other Assets73.8M58.4M58.6M1.0(892.4M)(847.7M)
Long Term Debt1.5B1.1B1.5B1.5B631.7M1.2B
Property Plant Equipment3.2B3.1B3.2B3.3B3.8B2.9B
Long Term Investments50.3M49.2M70.6M1.3M519K493.1K
Short Long Term Debt188.7M71.8M214.2M174.8M262.2M187.0M
Net Tangible Assets2.3B2.3B2.0B2.2B2.5B2.2B
Net Invested Capital4.0B3.5B3.6B3.8B3.3B3.9B
Net Working Capital486.2M248.3M138.4M312.7M1.2B1.3B

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When running Euronav NV's price analysis, check to measure Euronav NV'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 Euronav NV is operating at the current time. Most of Euronav NV's value examination focuses on studying past and present price action to predict the probability of Euronav NV's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Euronav NV's price. Additionally, you may evaluate how the addition of Euronav NV to your portfolios can decrease your overall portfolio volatility.