TechnipFMC Price To Sales Ratio vs Interest Coverage Analysis

FTI Stock  USD 30.83  0.81  2.70%   
TechnipFMC PLC financial indicator trend analysis is much more than just breaking down TechnipFMC PLC prevalent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether TechnipFMC PLC is a good investment. Please check the relationship between TechnipFMC PLC Price To Sales Ratio and its Interest Coverage accounts. Check out Investing Opportunities to better understand how to build diversified portfolios, which includes a position in TechnipFMC PLC. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in estimate.
For more detail on how to invest in TechnipFMC Stock please use our How to Invest in TechnipFMC PLC guide.

Price To Sales Ratio vs Interest Coverage

Price To Sales Ratio vs Interest Coverage Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of TechnipFMC PLC Price To Sales Ratio account and Interest Coverage. At this time, the significance of the direction appears to have significant contrarian relationship.
The correlation between TechnipFMC PLC's Price To Sales Ratio and Interest Coverage is -0.25. Overlapping area represents the amount of variation of Price To Sales Ratio that can explain the historical movement of Interest Coverage in the same time period over historical financial statements of TechnipFMC PLC, assuming nothing else is changed. The correlation between historical values of TechnipFMC PLC's Price To Sales Ratio and Interest Coverage is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Price To Sales Ratio of TechnipFMC PLC are associated (or correlated) with its Interest Coverage. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Interest Coverage has no effect on the direction of Price To Sales Ratio i.e., TechnipFMC PLC's Price To Sales Ratio and Interest Coverage go up and down completely randomly.

Correlation Coefficient

-0.25
Relationship DirectionNegative 
Relationship StrengthInsignificant

Price To Sales Ratio

Price to Sales Ratio is figured by comparing TechnipFMC PLC stock price to its revenues. An advantage to using Price to Sales ratio is that it is based on TechnipFMC PLC sales, a figure that is much harder to manipulate than other TechnipFMC PLC multiples. Because sales tend to be more stable P/S ratio can be a good tool for screening cyclical companies fluctuating earnings patterns. A valuation ratio that compares a company's stock price to its revenues, calculated by dividing the company's market cap by its total sales or revenue over a 12-month period.

Interest Coverage

Most indicators from TechnipFMC PLC's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into TechnipFMC PLC 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 TechnipFMC PLC. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in estimate.
For more detail on how to invest in TechnipFMC Stock please use our How to Invest in TechnipFMC PLC guide.As of now, TechnipFMC PLC's Enterprise Value Multiple is increasing as compared to previous years. The TechnipFMC PLC's current Enterprise Value is estimated to increase to about 8.7 B, while Selling General Administrative is projected to decrease to under 648 M.
 2021 2022 2023 2024 (projected)
Cost Of Revenue6.4B6.5B6.6B8.5B
Income Tax Expense111.1M105.4M154.7M210.4M

TechnipFMC PLC fundamental ratios Correlations

0.720.56-0.070.50.630.620.37-0.320.270.840.50.48-0.190.620.760.63-0.10.950.88-0.080.220.060.780.110.16
0.72-0.1-0.640.950.320.03-0.36-0.570.120.47-0.03-0.22-0.380.980.990.99-0.340.820.96-0.230.14-0.260.94-0.44-0.09
0.56-0.10.55-0.350.50.770.92-0.010.040.620.670.910.27-0.2-0.04-0.190.330.30.130.20.230.13-0.010.630.14
-0.07-0.640.55-0.720.070.360.760.530.150.010.490.690.27-0.72-0.59-0.720.31-0.23-0.480.190.030.56-0.520.570.45
0.50.95-0.35-0.720.05-0.28-0.58-0.470.120.18-0.27-0.47-0.30.960.930.97-0.290.650.83-0.240.18-0.240.88-0.68-0.04
0.630.320.50.070.050.830.4-0.55-0.10.880.590.63-0.650.250.320.22-0.590.540.460.05-0.45-0.090.270.63-0.3
0.620.030.770.36-0.280.830.73-0.220.030.90.760.85-0.23-0.050.08-0.07-0.150.460.270.07-0.140.020.10.77-0.12
0.37-0.360.920.76-0.580.40.730.270.10.450.740.950.27-0.48-0.3-0.470.340.14-0.120.220.090.37-0.250.730.28
-0.32-0.57-0.010.53-0.47-0.55-0.220.270.54-0.48-0.090.070.56-0.6-0.52-0.590.58-0.29-0.480.110.310.78-0.35-0.060.81
0.270.120.040.150.12-0.10.030.10.540.07-0.010.060.150.110.180.080.20.340.23-0.30.310.570.4-0.160.68
0.840.470.620.010.180.880.90.45-0.480.070.630.63-0.380.40.510.38-0.30.740.65-0.05-0.07-0.140.50.48-0.19
0.5-0.030.670.49-0.270.590.760.74-0.09-0.010.630.82-0.21-0.17-0.01-0.16-0.140.380.15-0.2-0.230.07-0.050.66-0.04
0.48-0.220.910.69-0.470.630.850.950.070.060.630.820.0-0.33-0.16-0.340.080.270.020.15-0.050.29-0.130.760.15
-0.19-0.380.270.27-0.3-0.65-0.230.270.560.15-0.38-0.210.0-0.37-0.31-0.330.99-0.3-0.320.240.80.18-0.22-0.220.43
0.620.98-0.2-0.720.960.25-0.05-0.48-0.60.110.4-0.17-0.33-0.370.980.99-0.340.730.91-0.230.16-0.340.93-0.52-0.16
0.760.99-0.04-0.590.930.320.08-0.3-0.520.180.51-0.01-0.16-0.310.980.98-0.270.850.97-0.210.23-0.220.97-0.44-0.03
0.630.99-0.19-0.720.970.22-0.07-0.47-0.590.080.38-0.16-0.34-0.330.990.98-0.310.740.91-0.240.18-0.340.92-0.53-0.15
-0.1-0.340.330.31-0.29-0.59-0.150.340.580.2-0.3-0.140.080.99-0.34-0.27-0.31-0.21-0.260.240.820.24-0.16-0.190.49
0.950.820.3-0.230.650.540.460.14-0.290.340.740.380.27-0.30.730.850.74-0.210.94-0.160.140.10.87-0.050.2
0.880.960.13-0.480.830.460.27-0.12-0.480.230.650.150.02-0.320.910.970.91-0.260.94-0.190.18-0.130.95-0.250.03
-0.08-0.230.20.19-0.240.050.070.220.11-0.3-0.05-0.20.150.24-0.23-0.21-0.240.24-0.16-0.190.10.27-0.220.10.15
0.220.140.230.030.18-0.45-0.140.090.310.31-0.07-0.23-0.050.80.160.230.180.820.140.180.10.10.33-0.490.45
0.06-0.260.130.56-0.24-0.090.020.370.780.57-0.140.070.290.18-0.34-0.22-0.340.240.1-0.130.270.1-0.060.050.9
0.780.94-0.01-0.520.880.270.1-0.25-0.350.40.5-0.05-0.13-0.220.930.970.92-0.160.870.95-0.220.33-0.06-0.450.14
0.11-0.440.630.57-0.680.630.770.73-0.06-0.160.480.660.76-0.22-0.52-0.44-0.53-0.19-0.05-0.250.1-0.490.05-0.45-0.19
0.16-0.090.140.45-0.04-0.3-0.120.280.810.68-0.19-0.040.150.43-0.16-0.03-0.150.490.20.030.150.450.90.14-0.19
Click cells to compare fundamentals

TechnipFMC PLC Account Relationship Matchups

TechnipFMC PLC fundamental ratios Accounts

201920202021202220232024 (projected)
Total Assets23.4B19.7B10.0B9.4B9.7B12.7B
Short Long Term Debt Total4.5B4.3B2.1B1.4B2.0B3.4B
Total Stockholder Equity7.7B4.2B3.4B3.2B3.1B4.7B
Property Plant And Equipment Net3.2B3.6B2.6B2.4B3.1B2.2B
Net Debt(714.8M)3.0B677.5M309.5M1.0B1.2B
Retained Earnings(1.6B)(4.9B)(4.9B)(5.0B)(5.0B)(4.7B)
Cash5.2B1.3B1.3B1.1B951.7M904.1M
Non Current Assets Total11.6B8.2B4.7B4.5B4.5B6.5B
Non Currrent Assets Other1.2B3.5B901M987.2M318.3M334.2M
Other Assets592.5M1.8B1.3B206.2M237.1M225.3M
Cash And Short Term Investments5.2B1.3B1.6B1.1B962.1M914.0M
Net Receivables3.7B2.6B1.9B1.9B2.6B2.5B
Good Will7.6B5.6B2.5B140.9M162.0M153.9M
Common Stock Shares Outstanding448M448.7M454.6M449.5M452.3M474.9M
Liabilities And Stockholders Equity23.4B19.7B10.0B9.4B9.7B12.7B
Non Current Liabilities Total5.7B5.1B2.7B2.0B2.0B1.9B
Inventory1.4B1.3B1.0B1.0B1.2B1.9B
Other Stockholder Equity10.2B10.2B9.2B9.1B8.9B9.4B
Total Liab15.8B15.5B6.6B6.2B6.5B8.9B
Total Current Assets11.8B11.4B5.3B5.0B5.2B7.9B
Accumulated Other Comprehensive Income(1.4B)(1.6B)(1.3B)(1.3B)(1.2B)(1.2B)
Intangible Assets1.1B851.3M813.7M716M601.6M1.2B
Common Stock447.1M449.5M450.7M442.2M432.9M229.4M
Other Current Liab2.4B7.3B1.3B1.4B1.2B1.1B
Other Liab989.5M1.7B1.0B256.9M231.2M219.6M
Accounts Payable2.6B1.2B1.3B1.3B1.4B2.3B
Other Current Assets1.5B6.2B787M943.8M535.8M509.0M
Property Plant Equipment4.1B2.9B2.6B3.2B3.7B2.4B
Total Current Liabilities10.1B10.4B3.9B4.2B4.5B7.1B
Long Term Debt4.0B3.3B1.7B999.3M913.5M867.8M
Short Term Debt495.4M847.1M277.6M367.3M300.2M525.8M
Common Stock Total Equity447.1M449.5M450.7M442.2M508.5M534.0M
Property Plant And Equipment Gross4.1B3.9B2.6B5.5B5.6B2.9B
Current Deferred Revenue4.6B1.0B1.0B1.2B1.5B2.0B
Net Tangible Assets974.4M704.3M2.6B3.2B3.7B3.9B
Long Term Investments300.4M394.8M292.4M325M274.4M321.4M
Short Long Term Debt495.4M636.2M277.6M367.3M153.8M146.1M
Noncontrolling Interest In Consolidated Entity28.8M60.1M15.7M36.5M42.0M30.5M

Currently Active Assets on Macroaxis

When determining whether TechnipFMC PLC offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of TechnipFMC PLC's financial statements, including income statements, balance sheets, and cash flow statements, to assess its financial health. Key financial ratios are used to gauge profitability, efficiency, and growth potential of Technipfmc Plc Stock. Outlined below are crucial reports that will aid in making a well-informed decision on Technipfmc Plc Stock:
Check out Investing Opportunities to better understand how to build diversified portfolios, which includes a position in TechnipFMC PLC. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in estimate.
For more detail on how to invest in TechnipFMC Stock please use our How to Invest in TechnipFMC PLC guide.
You can also try the Stocks Directory module to find actively traded stocks across global markets.
Is Oil & Gas Equipment & Services 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 TechnipFMC PLC. If investors know TechnipFMC 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 TechnipFMC PLC 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
2.15
Dividend Share
0.2
Earnings Share
1.51
Revenue Per Share
20.37
Quarterly Revenue Growth
0.142
The market value of TechnipFMC PLC is measured differently than its book value, which is the value of TechnipFMC that is recorded on the company's balance sheet. Investors also form their own opinion of TechnipFMC PLC's value that differs from its market value or its book value, called intrinsic value, which is TechnipFMC PLC's 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 TechnipFMC PLC's market value can be influenced by many factors that don't directly affect TechnipFMC PLC's 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 TechnipFMC PLC's value and its price as these two are different measures arrived at by different means. Investors typically determine if TechnipFMC PLC is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, TechnipFMC PLC's 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.