EOG Long Term Debt vs Current Deferred Revenue Analysis
EOG Stock | USD 136.35 0.85 0.63% |
EOG Resources financial indicator trend analysis is much more than just examining EOG Resources latest accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether EOG Resources is a good investment. Please check the relationship between EOG Resources Long Term Debt and its Current Deferred Revenue accounts. Check out Investing Opportunities to better understand how to build diversified portfolios, which includes a position in EOG Resources. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in persons. For more detail on how to invest in EOG Stock please use our How to Invest in EOG Resources guide.
Long Term Debt vs Current Deferred Revenue
Long Term Debt vs Current Deferred Revenue Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of EOG Resources Long Term Debt account and Current Deferred Revenue. At this time, the significance of the direction appears to have significant contrarian relationship.
The correlation between EOG Resources' Long Term Debt and Current Deferred Revenue is -0.43. Overlapping area represents the amount of variation of Long Term Debt that can explain the historical movement of Current Deferred Revenue in the same time period over historical financial statements of EOG Resources, assuming nothing else is changed. The correlation between historical values of EOG Resources' Long Term Debt and Current Deferred Revenue 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 EOG Resources are associated (or correlated) with its Current Deferred Revenue. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Current Deferred Revenue has no effect on the direction of Long Term Debt i.e., EOG Resources' Long Term Debt and Current Deferred Revenue go up and down completely randomly.
Correlation Coefficient | -0.43 |
Relationship Direction | Negative |
Relationship Strength | Very Weak |
Long Term Debt
Long-term debt is a debt that EOG Resources has held for over one year. Long-term debt appears on EOG Resources 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 EOG Resources 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.Current Deferred Revenue
Revenue that has been collected but not yet earned, typically from prepaid service contracts or subscriptions. This amount is considered a liability until the service is provided or the subscription period ends.Most indicators from EOG Resources' fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into EOG Resources 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 Investing Opportunities to better understand how to build diversified portfolios, which includes a position in EOG Resources. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in persons. For more detail on how to invest in EOG Stock please use our How to Invest in EOG Resources guide.At this time, EOG Resources' Enterprise Value Over EBITDA is most likely to increase slightly in the upcoming years. The EOG Resources' current Enterprise Value Multiple is estimated to increase to 8.55, while Sales General And Administrative To Revenue is projected to decrease to 0.03.
2021 | 2022 | 2023 | 2024 (projected) | Gross Profit | 14.3B | 24.0B | 17.7B | 18.5B | Total Revenue | 19.7B | 29.5B | 23.3B | 24.4B |
EOG Resources fundamental ratios Correlations
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EOG Resources Account Relationship Matchups
High Positive Relationship
High Negative Relationship
EOG Resources fundamental ratios Accounts
2019 | 2020 | 2021 | 2022 | 2023 | 2024 (projected) | ||
Total Assets | 37.1B | 35.8B | 38.2B | 41.4B | 43.9B | 46.0B | |
Short Long Term Debt Total | 5.5B | 6.1B | 5.3B | 5.4B | 4.8B | 3.1B | |
Other Current Liab | 252.8M | 377.0M | 728M | 701M | 487M | 511.4M | |
Total Current Liabilities | 4.5B | 3.5B | 4.0B | 5.5B | 4.1B | 4.3B | |
Total Stockholder Equity | 21.6B | 20.3B | 22.2B | 24.8B | 28.1B | 29.5B | |
Property Plant And Equipment Net | 30.4B | 28.6B | 28.4B | 29.4B | 32.3B | 33.9B | |
Net Debt | 3.5B | 2.8B | 140M | (598M) | (478M) | (454.1M) | |
Retained Earnings | 15.6B | 14.2B | 15.9B | 18.5B | 22.6B | 23.8B | |
Accounts Payable | 2.4B | 1.5B | 2.2B | 2.5B | 2.4B | 2.6B | |
Cash | 2.0B | 3.3B | 5.2B | 6.0B | 5.3B | 5.5B | |
Non Current Assets Total | 31.9B | 29.9B | 29.7B | 30.9B | 33.9B | 35.6B | |
Non Currrent Assets Other | 1.5B | 1.3B | 1.2B | 1.4B | 1.6B | 1.7B | |
Cash And Short Term Investments | 2.0B | 3.3B | 5.2B | 6.0B | 5.3B | 5.5B | |
Net Receivables | 2.2B | 1.5B | 2.3B | 2.9B | 2.7B | 2.9B | |
Common Stock Shares Outstanding | 580.4M | 580.8M | 578.9M | 584M | 587M | 443.8M | |
Liabilities And Stockholders Equity | 37.1B | 35.8B | 38.2B | 41.4B | 43.9B | 46.0B | |
Non Current Liabilities Total | 11.0B | 12.0B | 12.0B | 11.1B | 11.7B | 6.3B | |
Inventory | 767.3M | 629.4M | 584M | 1.1B | 1.3B | 1.3B | |
Other Current Assets | 323.4M | 294.0M | 456M | 574M | 666M | 699.3M | |
Other Stockholder Equity | 5.8B | 5.9B | 6.1B | 6.1B | 5.3B | 5.5B | |
Total Liab | 15.5B | 15.5B | 16.1B | 16.6B | 15.8B | 8.1B | |
Total Current Assets | 5.3B | 5.9B | 8.6B | 10.5B | 9.9B | 10.4B | |
Short Term Debt | 1.4B | 1.4B | 554M | 1.9B | 684M | 477.2M | |
Property Plant And Equipment Gross | 30.4B | 28.6B | 28.4B | 29.4B | 77.6B | 81.5B | |
Accumulated Other Comprehensive Income | (4.7M) | (12.3M) | (12M) | (8M) | (9M) | (9.5M) | |
Common Stock Total Equity | 205.8M | 205.8M | 205.8M | 206M | 236.9M | 223.8M | |
Common Stock | 205.8M | 205.8M | 205.8M | 206M | 236.9M | 223.9M | |
Other Liab | 6.4B | 7.0B | 6.9B | 6.7B | 7.7B | 8.1B | |
Other Assets | 713.7M | 58.5B | 59.5B | 2.0B | 2.3B | 2.2B | |
Long Term Debt | 4.2B | 5.0B | 5.1B | 3.6B | 3.6B | 4.0B | |
Treasury Stock | (42.2M) | (26.5M) | (6.6M) | (20M) | (23M) | (24.2M) | |
Property Plant Equipment | 30.4B | 28.6B | 28.4B | 30.3B | 34.8B | 19.7B | |
Current Deferred Revenue | 421.1M | 423.2M | 954M | 992M | 1.1B | 1.2B | |
Net Tangible Assets | 21.6B | 20.3B | 22.2B | 24.8B | 28.5B | 18.1B | |
Retained Earnings Total Equity | 15.6B | 14.2B | 15.9B | 18.5B | 21.2B | 12.7B | |
Short Term Investments | 7.7M | 23.8M | 1.3M | 64.6M | 74.2M | 78.0M | |
Long Term Debt Total | 4.2B | 5.0B | 5.1B | 3.8B | 3.4B | 4.2B | |
Capital Surpluse | 5.8B | 5.9B | 6.1B | 6.2B | 7.1B | 4.3B |
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When determining whether EOG Resources is a strong investment it is important to analyze EOG Resources' competitive position within its industry, examining market share, product or service uniqueness, and competitive advantages. Beyond financials and market position, potential investors should also consider broader economic conditions, industry trends, and any regulatory or geopolitical factors that may impact EOG Resources' future performance. For an informed investment choice regarding EOG Stock, refer to the following important reports:Check out Investing Opportunities to better understand how to build diversified portfolios, which includes a position in EOG Resources. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in persons. For more detail on how to invest in EOG Stock please use our How to Invest in EOG Resources guide.You can also try the Sign In To Macroaxis module to sign in to explore Macroaxis' wealth optimization platform and fintech modules.
Is Oil & Gas Exploration & Production space expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of EOG Resources. If investors know EOG will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about EOG Resources listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Quarterly Earnings Growth (0.15) | Dividend Share 3.64 | Earnings Share 12.39 | Revenue Per Share 41.72 | Quarterly Revenue Growth (0.04) |
The market value of EOG Resources is measured differently than its book value, which is the value of EOG that is recorded on the company's balance sheet. Investors also form their own opinion of EOG Resources' value that differs from its market value or its book value, called intrinsic value, which is EOG Resources' true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because EOG Resources' market value can be influenced by many factors that don't directly affect EOG Resources' underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between EOG Resources' value and its price as these two are different measures arrived at by different means. Investors typically determine if EOG Resources is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, EOG Resources' price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.