International Retained Earnings vs Accounts Payable Analysis

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 Retained Earnings and its Accounts Payable 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.

Retained Earnings vs Accounts Payable

Retained Earnings vs Accounts Payable Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of International Seaways Retained Earnings account and Accounts Payable. At this time, the significance of the direction appears to have significant contrarian relationship.
The correlation between International Seaways' Retained Earnings and Accounts Payable is -0.27. Overlapping area represents the amount of variation of Retained Earnings that can explain the historical movement of Accounts Payable 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' Retained Earnings and Accounts Payable is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Retained Earnings of International Seaways are associated (or correlated) with its Accounts Payable. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Accounts Payable has no effect on the direction of Retained Earnings i.e., International Seaways' Retained Earnings and Accounts Payable go up and down completely randomly.

Correlation Coefficient

-0.27
Relationship DirectionNegative 
Relationship StrengthInsignificant

Retained Earnings

The cumulative amount of net income that a company retains for reinvestment in its operations, rather than distributing it to shareholders as dividends.

Accounts Payable

An accounting item on the balance sheet that represents International Seaways obligation to pay off a short-term debt to its creditors. The accounts payable entry is usually reported under current liabilities. If accounts payable of International Seaways are not paid within the agreed terms, the payables are considered to be in default, which may trigger a penalty or interest payment, or the revocation of additional credit from the supplier. Accounts payable may also be considered a source of cash, since they represent funds being borrowed from suppliers. Given these cash flow considerations, suppliers have a natural inclination to push for shorter payment terms, while creditors want to lengthen the payment terms. The amount a company owes to suppliers or vendors for products or services received but not yet paid for. It represents the company's short-term liabilities.
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.
 2021 2022 2023 2024 (projected)
Interest Expense36.8M57.7M65.8M50.3M
Depreciation And Amortization89.1M111.2M129.0M98.5M

International Seaways fundamental ratios Correlations

0.22-0.080.28-0.20.40.410.520.050.1-0.150.24-0.40.220.220.530.440.00.180.08-0.38-0.010.50.00.22-0.08
0.220.720.410.680.75-0.30.530.920.210.560.44-0.560.290.930.45-0.370.690.520.860.280.69-0.290.86-0.160.73
-0.080.720.10.860.09-0.550.010.84-0.260.94-0.22-0.29-0.050.750.12-0.550.960.140.620.640.97-0.490.75-0.571.0
0.280.410.10.070.470.450.390.320.02-0.080.28-0.80.50.420.38-0.10.130.430.03-0.180.140.330.15-0.250.12
-0.20.680.860.070.15-0.6-0.060.870.010.81-0.13-0.19-0.030.63-0.01-0.710.70.220.750.80.71-0.720.9-0.450.88
0.40.750.090.470.150.070.760.520.53-0.080.84-0.510.460.620.54-0.010.090.610.65-0.20.070.060.520.340.11
0.41-0.3-0.550.45-0.60.070.37-0.510.02-0.690.08-0.520.55-0.380.250.59-0.460.31-0.47-0.69-0.450.78-0.520.33-0.54
0.520.530.010.39-0.060.760.370.230.1-0.180.44-0.550.640.390.440.310.080.610.39-0.460.060.330.240.360.02
0.050.920.840.320.870.52-0.510.230.140.770.19-0.390.010.920.36-0.520.750.270.840.580.75-0.480.94-0.360.85
0.10.21-0.260.020.010.530.020.10.14-0.270.70.050.020.130.080.09-0.340.190.3-0.18-0.35-0.20.250.25-0.23
-0.150.560.94-0.080.81-0.08-0.69-0.180.77-0.27-0.36-0.04-0.380.690.09-0.490.9-0.190.520.730.9-0.510.68-0.620.93
0.240.44-0.220.28-0.130.840.080.440.190.7-0.36-0.270.390.290.34-0.01-0.210.530.4-0.33-0.220.060.220.48-0.2
-0.4-0.56-0.29-0.8-0.19-0.51-0.52-0.55-0.390.05-0.04-0.27-0.67-0.46-0.50.09-0.33-0.66-0.260.12-0.35-0.37-0.310.05-0.31
0.220.29-0.050.5-0.030.460.550.640.010.02-0.380.39-0.670.010.08-0.03-0.030.940.17-0.39-0.020.210.050.32-0.03
0.220.930.750.420.630.62-0.380.390.920.130.690.29-0.460.010.47-0.30.760.210.70.290.75-0.220.78-0.380.76
0.530.450.120.38-0.010.540.250.440.360.080.090.34-0.50.080.470.380.180.130.33-0.110.190.540.220.30.12
0.44-0.37-0.55-0.1-0.71-0.010.590.31-0.520.09-0.49-0.010.09-0.03-0.30.38-0.41-0.23-0.43-0.75-0.420.75-0.580.39-0.56
0.00.690.960.130.70.09-0.460.080.75-0.340.9-0.21-0.33-0.030.760.18-0.410.120.510.461.0-0.320.61-0.560.95
0.180.520.140.430.220.610.310.610.270.19-0.190.53-0.660.940.210.13-0.230.120.47-0.170.13-0.030.340.320.17
0.080.860.620.030.750.65-0.470.390.840.30.520.4-0.260.170.70.33-0.430.510.470.50.51-0.520.930.130.64
-0.380.280.64-0.180.8-0.2-0.69-0.460.58-0.180.73-0.330.12-0.390.29-0.11-0.750.46-0.170.50.48-0.70.65-0.330.64
-0.010.690.970.140.710.07-0.450.060.75-0.350.9-0.22-0.35-0.020.750.19-0.421.00.130.510.48-0.310.61-0.570.96
0.5-0.29-0.490.33-0.720.060.780.33-0.48-0.2-0.510.06-0.370.21-0.220.540.75-0.32-0.03-0.52-0.7-0.31-0.610.3-0.5
0.00.860.750.150.90.52-0.520.240.940.250.680.22-0.310.050.780.22-0.580.610.340.930.650.61-0.61-0.190.77
0.22-0.16-0.57-0.25-0.450.340.330.36-0.360.25-0.620.480.050.32-0.380.30.39-0.560.320.13-0.33-0.570.3-0.19-0.56
-0.080.731.00.120.880.11-0.540.020.85-0.230.93-0.2-0.31-0.030.760.12-0.560.950.170.640.640.96-0.50.77-0.56
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International Seaways Account Relationship Matchups

International Seaways fundamental ratios Accounts

201920202021202220232024 (projected)
Common Stock Shares Outstanding29.2M28.4M38.4M49.8M49.4M31.5M
Total Assets1.8B1.6B2.3B2.6B2.5B2.2B
Short Long Term Debt Total692.0M554.9M1.1B1.1B744.5M791.1M
Other Current Liab3.3M24.0M37.1M2.8M34.9M17.5M
Total Current Liabilities114.5M108.9M234.6M257.4M195.6M128.1M
Total Stockholder Equity1.0B972.0M1.1B1.5B1.7B1.4B
Other Liab1.5M14.9M2.3M1.9M1.7M1.6M
Net Tangible Assets1.0B972.0M1.2B1.5B1.3B951.3M
Property Plant And Equipment Net1.3B1.1B1.9B1.9B1.9B1.6B
Current Deferred Revenue272K3.1M353K3.0M6.2M6.6M
Net Debt602.3M355.5M1.0B830.9M617.8M631.1M
Retained Earnings(270.3M)(275.8M)(409.3M)(21.4M)226.8M238.2M
Accounts Payable27.6M2.6M1.6M1.8M6.6M10.4M
Cash89.7M199.4M97.9M243.7M126.8M116.4M
Non Current Assets Total1.6B1.3B2.1B2.0B2.1B1.9B
Non Currrent Assets Other86.6M58.0M66.6M79.5M109.2M78.5M
Other Assets63.5M32.6M9.6M9.2M8.3M7.9M
Long Term Debt590.7M474.3M926.3M860.6M595.2M698.8M
Cash And Short Term Investments89.7M199.4M97.9M323.7M186.8M175.4M
Net Receivables87.8M47.8M112.7M302.4M261.5M134.3M
Common Stock Total Equity1.3B1.3B1.3B1.6B1.8B947.4M
Liabilities And Stockholders Equity1.8B1.6B2.3B2.6B2.5B2.2B
Non Current Liabilities Total616.7M505.6M941.8M870.2M609.5M713.0M
Inventory3.9M3.6M2.1M531K1.3M2.3M
Other Current Assets6.0M6.0M11.8M16.0M15.4M9.2M
Other Stockholder Equity1.3B1.3B(36.1M)1.5B1.5B976.3M
Total Liab731.2M614.5M1.2B1.1B805.1M841.0M
Deferred Long Term Liab300K6.2M757K6.9M7.9M8.3M
Long Term Investments153.3M141.9M180.3M36.4M32.8M31.1M
Property Plant And Equipment Gross1.3B1.1B1.8B1.9B2.4B1.6B
Short Long Term Debt70.4M61.5M178.7M162.9M127.4M76.5M
Total Current Assets187.3M256.8M224.5M642.6M465.0M322.1M
Accumulated Other Comprehensive Income(20.6M)(32.6M)(12.4M)7.0M(1.1M)(1.1M)
Short Term Debt83.3M79.2M195.5M249.8M147.9M93.5M
Common Stock1.3B1.3B1.6B1.5B1.5B1.1B
Property Plant Equipment1.3B1.1B1.8B1.9B2.2B1.5B
Long Term Debt Total759.1M590.7M474.3M926.3M1.1B676.0M
Retained Earnings Total Equity(269.5M)(270.3M)(275.8M)(409.3M)(368.4M)(386.8M)
Non Current Liabilities Other1.5M25.1M14.8M1.9M2.6M2.5M
Net Invested Capital1.7B1.5B2.3B2.5B2.4B2.2B

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