Euronav Payout Ratio vs Dividend Yield Analysis

CMBT Stock

11.02 0.03 0.27%

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 Payout Ratio and its Dividend Yield 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.

Payout Ratio vs Dividend Yield

Payout Ratio vs Dividend Yield Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Euronav NV Payout Ratio account and Dividend Yield. At this time, the significance of the direction appears to have weak contrarian relationship.

The correlation between Euronav NV's Payout Ratio and Dividend Yield is -0.06. Overlapping area represents the amount of variation of Payout Ratio that can explain the historical movement of Dividend Yield 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 Payout Ratio and Dividend Yield is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Payout Ratio of Euronav NV are associated (or correlated) with its Dividend Yield. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Dividend Yield has no effect on the direction of Payout Ratio i.e., Euronav NV's Payout Ratio and Dividend Yield go up and down completely randomly.

Correlation Coefficient

-0.06

Relationship Direction	Negative
Relationship Strength	Insignificant

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Payout Ratio

Payout Ratio is the proportion of Euronav NV earnings paid out as dividends to shareholders. Payout Ratio is typically expressed as a percentage but can be shown as dividends paid out as a proportion of cash flow. The payout ratio is used to determine the sustainability of Euronav NV dividend payments. A lower payout ratio is generally preferable to a higher payout ratio, with a ratio greater than 100% indicating Euronav NV is paying out more in dividends than it makes in net income.

Dividend Yield

Dividend Yield is Euronav NV dividend as a percentage of Euronav NV stock price. Euronav NV dividend yield is a measure of Euronav NV stock productivity, which can be interpreted as interest rate earned on an Euronav NV investment. A financial ratio that shows how much a company pays out in dividends each year relative to its stock price, calculated as annual dividends per share divided by price per share.

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 Expense	95.5M	86.7M	132.9M	71.2M
Depreciation And Amortization	345.0M	226.7M	221.0M	202.3M

Interest Expense Depreciation And Amortization

Euronav NV fundamental ratios Correlations

	Total Assets	Other Current Liab	Total Current Liabilities	Total Stockholder Equity	Property Plant And Equipment Net	Net Debt	Cash	Non Current Assets Total	Non Currrent Assets Other	Cash And Short Term Investments	Net Receivables	Common Stock Total Equity	Common Stock Shares Outstanding	Non Current Liabilities Total	Inventory	Other Current Assets	Other Stockholder Equity	Total Liab	Property Plant And Equipment Gross	Total Current Assets	Common Stock	Short Long Term Debt Total	Current Deferred Revenue	Retained Earnings	Accounts Payable	Short Term Debt
Total Assets		-0.4	-0.34	0.9	0.87	0.58	0.33	0.98	0.07	0.33	0.91	0.83	0.92	0.62	0.6	-0.03	0.94	0.21	0.94	0.31	0.93	0.68	0.31	-0.24	-0.42	0.43
Other Current Liab	-0.4		0.98	-0.55	-0.37	-0.65	-0.39	-0.4	-0.16	-0.39	-0.4	-0.31	-0.46	-0.44	0.17	0.02	-0.55	0.57	-0.42	-0.17	-0.32	-0.6	-0.72	-0.15	0.43	-0.51
Total Current Liabilities	-0.34	0.98		-0.5	-0.37	-0.62	-0.31	-0.36	-0.11	-0.31	-0.31	-0.25	-0.41	-0.42	0.23	0.09	-0.5	0.6	-0.33	-0.09	-0.25	-0.55	-0.69	-0.14	0.43	-0.36
Total Stockholder Equity	0.9	-0.55	-0.5		0.69	0.41	0.4	0.88	0.25	0.4	0.85	0.85	0.98	0.31	0.39	0.07	0.97	-0.21	0.9	0.36	0.95	0.43	0.47	0.06	-0.5	0.38
Property Plant And Equipment Net	0.87	-0.37	-0.37	0.69		0.73	-0.02	0.93	-0.29	-0.02	0.67	0.59	0.73	0.8	0.52	-0.36	0.8	0.34	0.74	-0.05	0.73	0.77	0.13	-0.5	-0.48	0.16
Net Debt	0.58	-0.65	-0.62	0.41	0.73		-0.11	0.61	-0.47	-0.11	0.46	0.12	0.41	0.87	0.15	-0.53	0.54	0.14	0.49	-0.28	0.35	0.88	0.3	-0.37	-0.35	0.41
Cash	0.33	-0.39	-0.31	0.4	-0.02	-0.11		0.22	0.87	1.0	0.44	0.61	0.33	0.05	0.21	0.82	0.29	-0.22	0.4	0.94	0.29	0.24	0.53	0.35	0.06	0.63
Non Current Assets Total	0.98	-0.4	-0.36	0.88	0.93	0.61	0.22		-0.01	0.22	0.85	0.8	0.9	0.65	0.55	-0.12	0.93	0.22	0.91	0.21	0.91	0.69	0.23	-0.32	-0.47	0.33
Non Currrent Assets Other	0.07	-0.16	-0.11	0.25	-0.29	-0.47	0.87	-0.01		0.87	0.24	0.55	0.19	-0.33	-0.03	0.94	0.11	-0.35	0.19	0.92	0.18	-0.15	0.33	0.41	0.09	0.38
Cash And Short Term Investments	0.33	-0.39	-0.31	0.4	-0.02	-0.11	1.0	0.22	0.87		0.44	0.61	0.33	0.05	0.21	0.82	0.29	-0.22	0.4	0.94	0.29	0.24	0.53	0.35	0.06	0.63
Net Receivables	0.91	-0.4	-0.31	0.85	0.67	0.46	0.44	0.85	0.24	0.44		0.8	0.85	0.48	0.49	0.15	0.83	0.12	0.91	0.46	0.86	0.58	0.5	-0.03	-0.3	0.52
Common Stock Total Equity	0.83	-0.31	-0.25	0.85	0.59	0.12	0.61	0.8	0.55	0.61	0.8		0.87	0.25	0.51	0.44	0.82	0.01	0.83	0.68	0.88	0.37	0.3	-0.08	-0.37	0.39
Common Stock Shares Outstanding	0.92	-0.46	-0.41	0.98	0.73	0.41	0.33	0.9	0.19	0.33	0.85	0.87		0.34	0.48	0.01	0.98	-0.1	0.9	0.32	0.98	0.44	0.38	-0.07	-0.52	0.36
Non Current Liabilities Total	0.62	-0.44	-0.42	0.31	0.8	0.87	0.05	0.65	-0.33	0.05	0.48	0.25	0.34		0.37	-0.33	0.46	0.47	0.47	-0.07	0.32	0.97	0.18	-0.57	-0.24	0.34
Inventory	0.6	0.17	0.23	0.39	0.52	0.15	0.21	0.55	-0.03	0.21	0.49	0.51	0.48	0.37		0.04	0.42	0.56	0.52	0.28	0.53	0.34	0.05	-0.27	-0.1	0.23
Other Current Assets	-0.03	0.02	0.09	0.07	-0.36	-0.53	0.82	-0.12	0.94	0.82	0.15	0.44	0.01	-0.33	0.04		-0.08	-0.15	0.13	0.93	0.04	-0.18	0.19	0.4	0.22	0.42
Other Stockholder Equity	0.94	-0.55	-0.5	0.97	0.8	0.54	0.29	0.93	0.11	0.29	0.83	0.82	0.98	0.46	0.42	-0.08		-0.09	0.89	0.24	0.95	0.55	0.37	-0.15	-0.56	0.35
Total Liab	0.21	0.57	0.6	-0.21	0.34	0.14	-0.22	0.22	-0.35	-0.22	0.12	0.01	-0.1	0.47	0.56	-0.15	-0.09		0.09	-0.09	0.03	0.32	-0.51	-0.64	0.21	-0.04
Property Plant And Equipment Gross	0.94	-0.42	-0.33	0.9	0.74	0.49	0.4	0.91	0.19	0.4	0.91	0.83	0.9	0.47	0.52	0.13	0.89	0.09		0.42	0.92	0.58	0.35	-0.03	-0.38	0.58
Total Current Assets	0.31	-0.17	-0.09	0.36	-0.05	-0.28	0.94	0.21	0.92	0.94	0.46	0.68	0.32	-0.07	0.28	0.93	0.24	-0.09	0.42		0.33	0.11	0.39	0.3	0.05	0.56
Common Stock	0.93	-0.32	-0.25	0.95	0.73	0.35	0.29	0.91	0.18	0.29	0.86	0.88	0.98	0.32	0.53	0.04	0.95	0.03	0.92	0.33		0.4	0.25	-0.13	-0.46	0.34
Short Long Term Debt Total	0.68	-0.6	-0.55	0.43	0.77	0.88	0.24	0.69	-0.15	0.24	0.58	0.37	0.44	0.97	0.34	-0.18	0.55	0.32	0.58	0.11	0.4		0.32	-0.45	-0.27	0.53
Current Deferred Revenue	0.31	-0.72	-0.69	0.47	0.13	0.3	0.53	0.23	0.33	0.53	0.5	0.3	0.38	0.18	0.05	0.19	0.37	-0.51	0.35	0.39	0.25	0.32		0.51	-0.26	0.41
Retained Earnings	-0.24	-0.15	-0.14	0.06	-0.5	-0.37	0.35	-0.32	0.41	0.35	-0.03	-0.08	-0.07	-0.57	-0.27	0.4	-0.15	-0.64	-0.03	0.3	-0.13	-0.45	0.51		0.24	0.14
Accounts Payable	-0.42	0.43	0.43	-0.5	-0.48	-0.35	0.06	-0.47	0.09	0.06	-0.3	-0.37	-0.52	-0.24	-0.1	0.22	-0.56	0.21	-0.38	0.05	-0.46	-0.27	-0.26	0.24		-0.05
Short Term Debt	0.43	-0.51	-0.36	0.38	0.16	0.41	0.63	0.33	0.38	0.63	0.52	0.39	0.36	0.34	0.23	0.42	0.35	-0.04	0.58	0.56	0.34	0.53	0.41	0.14	-0.05

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Euronav NV Account Relationship Matchups

Euronav NV fundamental ratios Accounts

	2019	2020	2021	2022	2023	2024 (projected)
Total Assets	4.2B	3.7B	3.8B	4.0B	3.4B	3.1B
Other Current Liab	54.3M	45.0M	50.6M	48.5M	65.0M	119.8M
Total Current Liabilities	316.1M	203.6M	321.0M	255.1M	424.8M	269.0M
Total Stockholder Equity	2.3B	2.3B	2.0B	2.2B	2.4B	1.5B
Property Plant And Equipment Net	3.2B	3.1B	3.2B	3.3B	1.8B	2.4B
Net Debt	1.4B	1.1B	1.6B	1.5B	501.3M	476.3M
Cash	297.0M	161.5M	152.5M	180.4M	429.4M	450.8M
Non Current Assets Total	3.4B	3.2B	3.3B	3.4B	2.7B	2.7B
Non Currrent Assets Other	71.1M	55.1M	55.6M	40.6M	892.4M	937.1M
Cash And Short Term Investments	297.0M	161.5M	152.5M	180.4M	429.4M	450.8M
Net Receivables	287.5M	192.6M	214.6M	346.0M	286.8M	174.1M
Common Stock Shares Outstanding	216.0M	210.2M	201.8M	202.0M	201.9M	120.3M
Liabilities And Stockholders Equity	4.2B	3.7B	3.8B	4.0B	3.4B	3.1B
Non Current Liabilities Total	1.5B	1.2B	1.5B	1.5B	636.6M	1.2B
Inventory	183.4M	75.8M	69.0M	41.8M	22.5M	43.7M
Other Current Assets	34.5M	22.0M	23.2M	1.0	893.1M	937.7M
Other Stockholder Equity	1.7B	1.7B	1.5B	1.5B	1.3B	837.0M
Total Liab	1.9B	1.4B	1.8B	1.8B	1.1B	1.6B
Property Plant And Equipment Gross	3.2B	3.1B	3.2B	3.3B	3.4B	2.5B
Total Current Assets	802.2M	451.9M	459.4M	568.2M	1.6B	1.7B
Accumulated Other Comprehensive Income	(4.3M)	(6.5M)	2.8M	33.1M	1.4M	1.3M
Short Long Term Debt Total	1.7B	1.3B	1.7B	1.7B	930.7M	1.4B
Current Deferred Revenue	17.8M	13.1M	7.5M	17.6M	17.4M	14.1M
Retained Earnings	420.1M	540.7M	180.1M	387.1M	807.3M	419.8M
Accounts Payable	22.7M	27.2M	26.0M	24.7M	42.0M	36.5M
Short Term Debt	221.2M	117.6M	236.5M	157.6M	295.6M	174.4M
Intangible Assets	39K	162K	185.9K	15.7M	14.2M	14.9M
Other Liab	9.9M	9.1M	7.7M	3.1M	2.8M	2.6M
Other Assets	73.8M	58.4M	58.6M	1.0	(889.5M)	(845.1M)
Long Term Debt	1.5B	1.1B	1.5B	1.5B	631.7M	1.2B
Property Plant Equipment	3.2B	3.1B	3.2B	3.3B	3.8B	2.9B
Long Term Investments	50.3M	49.2M	70.6M	1.3M	519K	493.1K
Short Long Term Debt	188.7M	71.8M	214.2M	174.8M	262.2M	187.0M
Net Tangible Assets	2.3B	2.3B	2.0B	2.2B	2.5B	2.2B
Net Invested Capital	4.0B	3.5B	3.6B	3.8B	3.3B	3.9B
Net Working Capital	486.2M	248.3M	138.4M	312.7M	1.2B	1.3B

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