INSW Stock | | | USD 40.80 0.60 1.45% |
International Seaways financial indicator trend analysis is infinitely more than just investigating International Seaways recent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether International Seaways is a good investment. Please check the relationship between International Seaways Net Tangible Assets and its Total Assets accounts. Check out
Risk vs Return Analysis to better understand how to build diversified portfolios, which includes a position in International Seaways. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as
signals in state.
For more information on how to buy International Stock please use our
How to Invest in International Seaways guide.
Net Tangible Assets vs Total Assets
Net Tangible Assets vs Total Assets Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of
International Seaways Net Tangible Assets account and
Total Assets. At this time, the significance of the direction appears to have fragmental relationship.
The correlation between International Seaways' Net Tangible Assets and Total Assets is 0.53. Overlapping area represents the amount of variation of Net Tangible Assets that can explain the historical movement of Total Assets in the same time period over historical financial statements of International Seaways, assuming nothing else is changed. The correlation between historical values of International Seaways' Net Tangible Assets 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 Net Tangible Assets of International Seaways 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 Net Tangible Assets i.e., International Seaways' Net Tangible Assets and Total Assets go up and down completely randomly.
Correlation Coefficient | 0.53 |
Relationship Direction | Positive |
Relationship Strength | Weak |
Net Tangible Assets
The total assets of a company minus any intangible assets such as patents, copyrights, and goodwill; it represents the physical assets of a company.
Total Assets
Total assets refers to the total amount of International Seaways 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 International Seaways 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 International Seaways' fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into International Seaways 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
Risk vs Return Analysis to better understand how to build diversified portfolios, which includes a position in International Seaways. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as
signals in state.
For more information on how to buy International Stock please use our
How to Invest in International Seaways guide.
Enterprise Value is likely to climb to about 3
B in 2024, whereas
Selling General Administrative is likely to drop slightly above 32
M in 2024.
International Seaways fundamental ratios Correlations
Click cells to compare fundamentals
International Seaways Account Relationship Matchups
High Positive Relationship
High Negative Relationship
International Seaways fundamental ratios Accounts
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Additional Tools for International Stock Analysis
When running International Seaways' price analysis, check to
measure International Seaways' 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 International Seaways is operating at the current time. Most of International Seaways' value examination focuses on studying past and present price action to
predict the probability of International Seaways' future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move International Seaways' price. Additionally, you may evaluate how the addition of International Seaways to your portfolios can decrease your overall portfolio volatility.