Nabors Cost Of Revenue vs Current Deferred Revenue Analysis

NBR Stock

USD 47.20 2.49 5.01%

Nabors Industries financial indicator trend analysis is infinitely more than just investigating Nabors Industries recent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Nabors Industries is a good investment. Please check the relationship between Nabors Industries Cost Of Revenue and its Current Deferred Revenue accounts. Check out Correlation Analysis to better understand how to build diversified portfolios, which includes a position in Nabors Industries. 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.

To learn how to invest in Nabors Stock, please use our How to Invest in Nabors Industries guide.

Cost Of Revenue vs Current Deferred Revenue

Cost Of Revenue vs Current Deferred Revenue Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Nabors Industries Cost Of Revenue account and Current Deferred Revenue. At this time, the significance of the direction appears to have fragmental relationship.

The correlation between Nabors Industries' Cost Of Revenue and Current Deferred Revenue is 0.4. Overlapping area represents the amount of variation of Cost Of Revenue that can explain the historical movement of Current Deferred Revenue in the same time period over historical financial statements of Nabors Industries, assuming nothing else is changed. The correlation between historical values of Nabors Industries' Cost Of Revenue 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 Cost Of Revenue of Nabors Industries 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 Cost Of Revenue i.e., Nabors Industries' Cost Of Revenue and Current Deferred Revenue go up and down completely randomly.

Correlation Coefficient

0.4

Relationship Direction	Positive
Relationship Strength	Weak

View All Relationships

Cost Of Revenue

Cost of Revenue is found on Nabors Industries income statement and represents the costs associated with goods and services Nabors Industries provides. Indirect cost, such as salaries, is not included. In other words, cost of revenue is the total cost incurred to obtain a sale. It is more than the traditional cost of goods sold, since it includes specific selling and marketing activities.

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 Nabors Industries' fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Nabors Industries 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 Correlation Analysis to better understand how to build diversified portfolios, which includes a position in Nabors Industries. 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.

To learn how to invest in Nabors Stock, please use our How to Invest in Nabors Industries guide.At this time, Nabors Industries' Selling General Administrative is relatively stable compared to the past year. As of 02/16/2025, Discontinued Operations is likely to grow to about 24.1 K, while Enterprise Value Over EBITDA is likely to drop 3.47.

	2022	2023	2024	2025 (projected)
Interest Expense	177.9M	185.3M	210.9M	133.1M
Depreciation And Amortization	665.1M	645.3M	633.4M	377.9M

Interest Expense Depreciation And Amortization

Nabors Industries fundamental ratios Correlations

	Total Assets	Short Long Term Debt Total	Other Current Liab	Total Current Liabilities	Total Stockholder Equity	Property Plant And Equipment Net	Net Debt	Retained Earnings	Cash	Non Current Assets Total	Non Currrent Assets Other	Cash And Short Term Investments	Net Receivables	Common Stock Shares Outstanding	Non Current Liabilities Total	Other Current Assets	Other Stockholder Equity	Total Liab	Property Plant And Equipment Gross	Total Current Assets	Short Term Debt	Inventory	Accounts Payable	Common Stock Total Equity	Short Term Investments	Intangible Assets
Total Assets		0.91	0.98	0.88	0.95	0.99	0.94	0.86	0.07	0.99	-0.1	0.2	0.95	0.06	0.96	0.94	-0.1	0.97	0.59	0.93	0.0	0.9	0.86	-0.57	0.68	0.75
Short Long Term Debt Total	0.91		0.85	0.82	0.77	0.89	0.97	0.63	0.33	0.9	0.22	0.4	0.77	0.37	0.97	0.82	0.26	0.97	0.68	0.82	0.11	0.9	0.78	-0.79	0.46	0.49
Other Current Liab	0.98	0.85		0.86	0.94	0.97	0.89	0.85	-0.01	0.97	-0.19	0.1	0.96	0.05	0.93	0.94	-0.12	0.94	0.55	0.9	-0.06	0.88	0.88	-0.52	0.67	0.79
Total Current Liabilities	0.88	0.82	0.86		0.77	0.83	0.8	0.68	0.28	0.84	-0.09	0.34	0.88	0.19	0.82	0.75	-0.03	0.9	0.59	0.89	0.41	0.85	0.91	-0.53	0.51	0.62
Total Stockholder Equity	0.95	0.77	0.94	0.77		0.96	0.84	0.97	-0.13	0.95	-0.23	0.0	0.92	-0.19	0.86	0.94	-0.31	0.87	0.37	0.84	-0.1	0.78	0.75	-0.32	0.74	0.86
Property Plant And Equipment Net	0.99	0.89	0.97	0.83	0.96		0.94	0.88	-0.03	1.0	-0.09	0.1	0.93	0.0	0.95	0.94	-0.14	0.96	0.55	0.87	-0.09	0.86	0.82	-0.55	0.65	0.74
Net Debt	0.94	0.97	0.89	0.8	0.84	0.94		0.73	0.11	0.95	0.19	0.19	0.81	0.24	0.98	0.87	0.12	0.97	0.65	0.79	-0.04	0.87	0.78	-0.73	0.49	0.55
Retained Earnings	0.86	0.63	0.85	0.68	0.97	0.88	0.73		-0.27	0.87	-0.3	-0.16	0.85	-0.39	0.75	0.87	-0.49	0.76	0.21	0.73	-0.14	0.63	0.65	-0.11	0.71	0.86
Cash	0.07	0.33	-0.01	0.28	-0.13	-0.03	0.11	-0.27		0.0	0.18	0.96	0.0	0.64	0.2	0.0	0.62	0.23	0.3	0.31	0.63	0.3	0.19	-0.44	-0.02	-0.17
Non Current Assets Total	0.99	0.9	0.97	0.84	0.95	1.0	0.95	0.87	0.0		-0.05	0.12	0.92	0.04	0.96	0.93	-0.11	0.96	0.59	0.87	-0.06	0.86	0.82	-0.58	0.64	0.73
Non Currrent Assets Other	-0.1	0.22	-0.19	-0.09	-0.23	-0.09	0.19	-0.3	0.18	-0.05		0.09	-0.32	0.49	0.05	-0.21	0.53	0.02	0.47	-0.27	0.07	-0.09	-0.18	-0.45	-0.44	-0.44
Cash And Short Term Investments	0.2	0.4	0.1	0.34	0.0	0.1	0.19	-0.16	0.96	0.12	0.09		0.13	0.59	0.3	0.12	0.54	0.32	0.37	0.45	0.57	0.39	0.25	-0.47	0.18	-0.02
Net Receivables	0.95	0.77	0.96	0.88	0.92	0.93	0.81	0.85	0.0	0.92	-0.32	0.13		-0.06	0.86	0.91	-0.23	0.9	0.49	0.94	0.01	0.87	0.92	-0.39	0.72	0.81
Common Stock Shares Outstanding	0.06	0.37	0.05	0.19	-0.19	0.0	0.24	-0.39	0.64	0.04	0.49	0.59	-0.06		0.23	-0.02	0.93	0.23	0.55	0.13	0.32	0.32	0.17	-0.76	-0.21	-0.34
Non Current Liabilities Total	0.96	0.97	0.93	0.82	0.86	0.95	0.98	0.75	0.2	0.96	0.05	0.3	0.86	0.23		0.91	0.11	0.99	0.63	0.88	-0.03	0.91	0.83	-0.71	0.58	0.61
Other Current Assets	0.94	0.82	0.94	0.75	0.94	0.94	0.87	0.87	0.0	0.93	-0.21	0.12	0.91	-0.02	0.91		-0.09	0.9	0.39	0.87	-0.15	0.88	0.81	-0.43	0.7	0.79
Other Stockholder Equity	-0.1	0.26	-0.12	-0.03	-0.31	-0.14	0.12	-0.49	0.62	-0.11	0.53	0.54	-0.23	0.93	0.11	-0.09		0.07	0.34	-0.03	0.21	0.21	0.0	-0.64	-0.31	-0.45
Total Liab	0.97	0.97	0.94	0.9	0.87	0.96	0.97	0.76	0.23	0.96	0.02	0.32	0.9	0.23	0.99	0.9	0.07		0.64	0.91	0.08	0.93	0.88	-0.69	0.58	0.63
Property Plant And Equipment Gross	0.59	0.68	0.55	0.59	0.37	0.55	0.65	0.21	0.3	0.59	0.47	0.37	0.49	0.55	0.63	0.39	0.34	0.64		0.55	0.09	0.55	0.58	-0.79	0.18	0.17
Total Current Assets	0.93	0.82	0.9	0.89	0.84	0.87	0.79	0.73	0.31	0.87	-0.27	0.45	0.94	0.13	0.88	0.87	-0.03	0.91	0.55		0.18	0.92	0.9	-0.5	0.75	0.76
Short Term Debt	0.0	0.11	-0.06	0.41	-0.1	-0.09	-0.04	-0.14	0.63	-0.06	0.07	0.57	0.01	0.32	-0.03	-0.15	0.21	0.08	0.09	0.18		0.16	0.13	-0.09	0.02	0.0
Inventory	0.9	0.9	0.88	0.85	0.78	0.86	0.87	0.63	0.3	0.86	-0.09	0.39	0.87	0.32	0.91	0.88	0.21	0.93	0.55	0.92	0.16		0.88	-0.65	0.63	0.61
Accounts Payable	0.86	0.78	0.88	0.91	0.75	0.82	0.78	0.65	0.19	0.82	-0.18	0.25	0.92	0.17	0.83	0.81	0.0	0.88	0.58	0.9	0.13	0.88		-0.49	0.52	0.62
Common Stock Total Equity	-0.57	-0.79	-0.52	-0.53	-0.32	-0.55	-0.73	-0.11	-0.44	-0.58	-0.45	-0.47	-0.39	-0.76	-0.71	-0.43	-0.64	-0.69	-0.79	-0.5	-0.09	-0.65	-0.49		-0.07	-0.02
Short Term Investments	0.68	0.46	0.67	0.51	0.74	0.65	0.49	0.71	-0.02	0.64	-0.44	0.18	0.72	-0.21	0.58	0.7	-0.31	0.58	0.18	0.75	0.02	0.63	0.52	-0.07		0.88
Intangible Assets	0.75	0.49	0.79	0.62	0.86	0.74	0.55	0.86	-0.17	0.73	-0.44	-0.02	0.81	-0.34	0.61	0.79	-0.45	0.63	0.17	0.76	0.0	0.61	0.62	-0.02	0.88

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Nabors Industries Account Relationship Matchups

Nabors Industries fundamental ratios Accounts

	2020	2021	2022	2023	2024	2025 (projected)
Total Assets	5.5B	5.5B	4.7B	5.3B	4.5B	5.7B
Short Long Term Debt Total	3.0B	3.3B	2.5B	3.1B	2.5B	2.3B
Other Current Liab	224.8M	206.2M	237.8M	159.7M	223.8M	217.1M
Total Current Liabilities	515.5M	525.2M	596.4M	1.2B	571.9M	706.7M
Total Stockholder Equity	1.2B	590.7M	369.0M	326.6M	135.0M	128.2M
Property Plant And Equipment Net	4.0B	3.3B	3.0B	2.9B	2.8B	3.8B
Net Debt	2.5B	2.3B	2.1B	2.1B	2.1B	1.9B
Retained Earnings	(946.1M)	(1.5B)	(1.8B)	(1.9B)	(2.1B)	(2.0B)
Cash	472.2M	991.5M	451.0M	1.1B	389.7M	363.7M
Non Current Assets Total	4.4B	4.0B	3.7B	3.6B	3.5B	4.4B
Non Currrent Assets Other	139.1M	416.4M	445.8M	494.7M	457.5M	285.7M
Cash And Short Term Investments	481.7M	991.5M	452.3M	1.1B	397.3M	483.6M
Net Receivables	363.0M	287.6M	327.4M	347.8M	388.0M	551.0M
Common Stock Shares Outstanding	7.1M	7.6M	8.9M	9.2M	9.2M	5.5M
Liabilities And Stockholders Equity	5.5B	5.5B	4.7B	5.3B	3.4B	5.7B
Non Current Liabilities Total	3.3B	3.6B	2.9B	2.8B	2.7B	2.6B
Other Current Assets	270.2M	222.2M	220.9M	79.9M	84.3M	80.1M
Other Stockholder Equity	2.1B	2.1B	2.2B	2.2B	2.2B	1.1B
Total Liab	3.8B	4.1B	3.5B	4.0B	3.3B	3.3B
Property Plant And Equipment Gross	4.0B	12.3B	12.3B	12.6B	14.5B	15.2B
Total Current Assets	1.1B	1.5B	1.0B	1.6B	999.5M	1.3B
Accumulated Other Comprehensive Income	(11.1M)	(10.6M)	(11.0M)	(10.8M)	(10.4M)	(9.9M)
Short Term Debt	8.3M	5.4M	6.8M	635.0M	6.8M	6.4M
Inventory	160.6M	126.4M	127.9M	147.8M	130.0M	104.1M
Accounts Payable	220.9M	253.7M	314.0M	294.4M	321.0M	280.4M
Common Stock Total Equity	416K	419K	466K	525K	472.5K	448.9K
Short Term Investments	9.5M	17K	1.3M	12.7M	7.6M	7.3M
Common Stock	419K	466K	525K	527K	533K	506.4K
Other Liab	261.9M	319.6M	343.1M	352.7M	405.7M	322.0M
Other Assets	506.4M	386.3M	675.1M	668.6M	768.9M	807.4M
Long Term Debt	3.0B	3.3B	2.5B	2.5B	2.9B	3.4B
Property Plant Equipment	4.9B	4.0B	3.3B	3.0B	3.5B	6.1B
Current Deferred Revenue	61.5M	59.8M	37.8M	29.2M	26.3M	25.0M
Noncontrolling Interest In Consolidated Entity	67.4M	105.4M	128.3M	167.8M	193.0M	202.7M
Retained Earnings Total Equity	(104.8M)	(946.1M)	(1.5B)	(1.8B)	(1.7B)	(1.6B)
Deferred Long Term Liab	3.1M	1.6M	2.8M	2.9M	2.6M	2.4M

Pair Trading with Nabors Industries

One of the main advantages of trading using pair correlations is that every trade hedges away some risk. Because there are two separate transactions required, even if Nabors Industries position performs unexpectedly, the other equity can make up some of the losses. Pair trading also minimizes risk from directional movements in the market. For example, if an entire industry or sector drops because of unexpected headlines, the short position in Nabors Industries will appreciate offsetting losses from the drop in the long position's value.

Moving together with Nabors Stock

0.81	HP	Helmerich and Payne	Pair Corr
0.82	NE	Noble plc Earnings Call This Week	Pair Corr
0.74	PDS	Precision Drilling	Pair Corr
0.93	RIG	Transocean	Pair Corr

Moving against Nabors Stock

0.65	AE	Adams Resources Energy	Pair Corr
0.55	ET	Energy Transfer LP	Pair Corr
0.49	EC	Ecopetrol SA ADR	Pair Corr
0.47	BP	BP PLC ADR	Pair Corr
0.45	AR	Antero Resources Corp	Pair Corr

The ability to find closely correlated positions to Nabors Industries could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Nabors Industries when you sell it. If you don't do this, your portfolio allocation will be skewed against your target asset allocation. So, investors can't just sell and buy back Nabors Industries - that would be a violation of the tax code under the "wash sale" rule, and this is why you need to find a similar enough asset and use the proceeds from selling Nabors Industries to buy it.

The correlation of Nabors Industries is a statistical measure of how it moves in relation to other instruments. This measure is expressed in what is known as the correlation coefficient, which ranges between -1 and +1. A perfect positive correlation (i.e., a correlation coefficient of +1) implies that as Nabors Industries moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Nabors Industries moves in either direction, the perfectly negatively correlated security will move in the opposite direction. If the correlation is 0, the equities are not correlated; they are entirely random. A correlation greater than 0.8 is generally described as strong, whereas a correlation less than 0.5 is generally considered weak.

Correlation analysis and pair trading evaluation for Nabors Industries can also be used as hedging techniques within a particular sector or industry or even over random equities to generate a better risk-adjusted return on your portfolios.

Pair Correlation Correlation Matching

Additional Tools for Nabors Stock Analysis

When running Nabors Industries' price analysis, check to measure Nabors Industries' 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 Nabors Industries is operating at the current time. Most of Nabors Industries' value examination focuses on studying past and present price action to predict the probability of Nabors Industries' future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Nabors Industries' price. Additionally, you may evaluate how the addition of Nabors Industries to your portfolios can decrease your overall portfolio volatility.

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