Oil Minority Interest vs Non Recurring Analysis

OIS Stock

USD 5.44 0.08 1.49%

Oil States financial indicator trend analysis is much more than just breaking down Oil States International prevalent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Oil States International is a good investment. Please check the relationship between Oil States Minority Interest and its Non Recurring accounts. Check out Your Equity Center to better understand how to build diversified portfolios, which includes a position in Oil States International. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in gross domestic product.

Minority Interest vs Non Recurring

Minority Interest vs Non Recurring Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Oil States International Minority Interest account and Non Recurring. At this time, the significance of the direction appears to have significant contrarian relationship.

The correlation between Oil States' Minority Interest and Non Recurring is -0.3. Overlapping area represents the amount of variation of Minority Interest that can explain the historical movement of Non Recurring in the same time period over historical financial statements of Oil States International, assuming nothing else is changed. The correlation between historical values of Oil States' Minority Interest and Non Recurring is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Minority Interest of Oil States International are associated (or correlated) with its Non Recurring. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Non Recurring has no effect on the direction of Minority Interest i.e., Oil States' Minority Interest and Non Recurring go up and down completely randomly.

Correlation Coefficient

-0.3

Relationship Direction	Negative
Relationship Strength	Insignificant

View All Relationships

Minority Interest

Minority Interest is the portion of a subsidiary corporation stock that is not owned by the parent corporation. The magnitude of the minority interest in the subsidiary company is generally less than 50% of outstanding shares, otherwise the corporation would generally cease to be a subsidiary of the parent. Minority Interest can also be called non-controlling interest.All shareholders of Oil States International whose combined shares represent less than 50% of the total outstanding shares issued by Oil States have a minority interest in Oil States.

Non Recurring

Most indicators from Oil States' fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Oil States International 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 Your Equity Center to better understand how to build diversified portfolios, which includes a position in Oil States International. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in gross domestic product.

At this time, Oil States' Selling General Administrative is comparatively stable compared to the past year. Tax Provision is likely to gain to about 3.1 M in 2024, whereas Sales General And Administrative To Revenue is likely to drop 0.07 in 2024.

	2021	2022	2023	2024 (projected)
Total Operating Expenses	82.7M	88.9M	152.2M	159.4M
Cost Of Revenue	551.1M	645.9M	663.2M	1.2B

Total Operating Expenses Cost Of Revenue

Oil States fundamental ratios Correlations

	Total Assets	Total Stockholder Equity	Property Plant And Equipment Net	Net Debt	Cash	Non Current Assets Total	Non Currrent Assets Other	Other Assets	Cash And Short Term Investments	Common Stock Shares Outstanding	Other Stockholder Equity	Total Liab	Property Plant And Equipment Gross	Total Current Assets	Short Long Term Debt Total	Other Current Liab	Total Current Liabilities	Retained Earnings	Accounts Payable	Net Receivables	Common Stock Total Equity	Non Current Liabilities Total	Inventory	Other Current Assets	Short Term Debt	Intangible Assets
Total Assets		0.96	0.97	0.84	0.72	0.99	0.64	-0.17	0.72	0.22	0.27	0.94	0.96	0.98	0.94	0.67	0.93	0.87	0.86	0.95	-0.11	0.96	0.84	0.44	0.16	0.1
Total Stockholder Equity	0.96		0.94	0.7	0.74	0.97	0.73	-0.35	0.74	0.3	0.2	0.81	0.92	0.93	0.83	0.73	0.83	0.95	0.74	0.9	0.0	0.85	0.74	0.39	0.02	0.07
Property Plant And Equipment Net	0.97	0.94		0.8	0.77	0.95	0.61	-0.11	0.77	0.15	0.19	0.93	0.96	0.95	0.93	0.68	0.88	0.9	0.81	0.92	-0.15	0.95	0.78	0.45	0.05	-0.01
Net Debt	0.84	0.7	0.8		0.33	0.81	0.55	-0.05	0.33	0.21	0.45	0.93	0.79	0.84	0.94	0.26	0.9	0.56	0.95	0.84	-0.08	0.93	0.94	0.4	0.52	0.26
Cash	0.72	0.74	0.77	0.33		0.71	0.38	-0.05	1.0	0.12	0.13	0.63	0.78	0.69	0.62	0.82	0.55	0.72	0.36	0.58	-0.09	0.65	0.3	0.41	-0.2	-0.01
Non Current Assets Total	0.99	0.97	0.95	0.81	0.71		0.68	-0.24	0.71	0.27	0.31	0.9	0.94	0.94	0.92	0.66	0.89	0.88	0.82	0.91	-0.05	0.93	0.8	0.39	0.18	0.18
Non Currrent Assets Other	0.64	0.73	0.61	0.55	0.38	0.68		-0.81	0.38	0.8	0.51	0.48	0.62	0.7	0.56	0.37	0.66	0.62	0.58	0.67	0.6	0.56	0.66	0.54	0.34	0.33
Other Assets	-0.17	-0.35	-0.11	-0.05	-0.05	-0.24	-0.81		-0.05	-0.88	-0.39	0.07	-0.16	-0.23	-0.02	-0.06	-0.19	-0.28	-0.13	-0.23	-0.83	-0.03	-0.2	-0.33	-0.18	-0.31
Cash And Short Term Investments	0.72	0.74	0.77	0.33	1.0	0.71	0.38	-0.05		0.12	0.13	0.63	0.78	0.69	0.62	0.82	0.55	0.72	0.36	0.58	-0.09	0.65	0.3	0.41	-0.2	-0.01
Common Stock Shares Outstanding	0.22	0.3	0.15	0.21	0.12	0.27	0.8	-0.88	0.12		0.77	0.09	0.21	0.28	0.19	0.05	0.31	0.15	0.22	0.22	0.93	0.18	0.27	0.5	0.52	0.65
Other Stockholder Equity	0.27	0.2	0.19	0.45	0.13	0.31	0.51	-0.39	0.13	0.77		0.33	0.24	0.28	0.4	0.0	0.4	-0.04	0.34	0.2	0.65	0.37	0.34	0.45	0.84	0.9
Total Liab	0.94	0.81	0.93	0.93	0.63	0.9	0.48	0.07	0.63	0.09	0.33		0.91	0.92	0.99	0.54	0.92	0.72	0.9	0.89	-0.22	0.99	0.86	0.44	0.29	0.12
Property Plant And Equipment Gross	0.96	0.92	0.96	0.79	0.78	0.94	0.62	-0.16	0.78	0.21	0.24	0.91		0.97	0.92	0.66	0.89	0.84	0.83	0.92	-0.07	0.93	0.8	0.5	0.05	0.01
Total Current Assets	0.98	0.93	0.95	0.84	0.69	0.94	0.7	-0.23	0.69	0.28	0.28	0.92	0.97		0.93	0.65	0.96	0.83	0.89	0.98	-0.05	0.94	0.88	0.55	0.15	0.03
Short Long Term Debt Total	0.94	0.83	0.93	0.94	0.62	0.92	0.56	-0.02	0.62	0.19	0.4	0.99	0.92	0.93		0.5	0.93	0.71	0.91	0.89	-0.13	1.0	0.88	0.46	0.35	0.2
Other Current Liab	0.67	0.73	0.68	0.26	0.82	0.66	0.37	-0.06	0.82	0.05	0.0	0.54	0.66	0.65	0.5		0.52	0.75	0.28	0.61	-0.12	0.54	0.29	0.4	-0.3	-0.08
Total Current Liabilities	0.93	0.83	0.88	0.9	0.55	0.89	0.66	-0.19	0.55	0.31	0.4	0.92	0.89	0.96	0.93	0.52		0.68	0.95	0.96	-0.04	0.93	0.93	0.59	0.35	0.15
Retained Earnings	0.87	0.95	0.9	0.56	0.72	0.88	0.62	-0.28	0.72	0.15	-0.04	0.72	0.84	0.83	0.71	0.75	0.68		0.6	0.81	-0.09	0.75	0.59	0.29	-0.22	-0.14
Accounts Payable	0.86	0.74	0.81	0.95	0.36	0.82	0.58	-0.13	0.36	0.22	0.34	0.9	0.83	0.89	0.91	0.28	0.95	0.6		0.91	-0.1	0.9	0.96	0.45	0.39	0.09
Net Receivables	0.95	0.9	0.92	0.84	0.58	0.91	0.67	-0.23	0.58	0.22	0.2	0.89	0.92	0.98	0.89	0.61	0.96	0.81	0.91		-0.1	0.9	0.9	0.53	0.13	-0.04
Common Stock Total Equity	-0.11	0.0	-0.15	-0.08	-0.09	-0.05	0.6	-0.83	-0.09	0.93	0.65	-0.22	-0.07	-0.05	-0.13	-0.12	-0.04	-0.09	-0.1	-0.1		-0.14	-0.02	0.33	0.39	0.58
Non Current Liabilities Total	0.96	0.85	0.95	0.93	0.65	0.93	0.56	-0.03	0.65	0.18	0.37	0.99	0.93	0.94	1.0	0.54	0.93	0.75	0.9	0.9	-0.14		0.87	0.46	0.31	0.17
Inventory	0.84	0.74	0.78	0.94	0.3	0.8	0.66	-0.2	0.3	0.27	0.34	0.86	0.8	0.88	0.88	0.29	0.93	0.59	0.96	0.9	-0.02	0.87		0.43	0.42	0.11
Other Current Assets	0.44	0.39	0.45	0.4	0.41	0.39	0.54	-0.33	0.41	0.5	0.45	0.44	0.5	0.55	0.46	0.4	0.59	0.29	0.45	0.53	0.33	0.46	0.43		0.24	0.18
Short Term Debt	0.16	0.02	0.05	0.52	-0.2	0.18	0.34	-0.18	-0.2	0.52	0.84	0.29	0.05	0.15	0.35	-0.3	0.35	-0.22	0.39	0.13	0.39	0.31	0.42	0.24		0.81
Intangible Assets	0.1	0.07	-0.01	0.26	-0.01	0.18	0.33	-0.31	-0.01	0.65	0.9	0.12	0.01	0.03	0.2	-0.08	0.15	-0.14	0.09	-0.04	0.58	0.17	0.11	0.18	0.81

Click cells to compare fundamentals

Oil States Account Relationship Matchups

Oil States fundamental ratios Accounts

	2019	2020	2021	2022	2023	2024 (projected)
Total Assets	1.7B	1.2B	1.1B	1.1B	1.0B	1.8B
Total Stockholder Equity	1.2B	757.6M	695.8M	689.6M	709.5M	1.1B
Property Plant And Equipment Net	503.3M	416.7M	364.0M	326.9M	302.4M	287.2M
Net Debt	283.8M	148.3M	155.8M	137.7M	114.2M	108.5M
Cash	8.5M	72.0M	52.9M	42.0M	47.1M	73.4M
Non Current Assets Total	1.2B	728.7M	659.0M	601.6M	558.5M	1.1B
Non Currrent Assets Other	28.7M	29.7M	32.9M	24.2M	21.0M	15.2M
Other Assets	28.7M	62.9M	32.9M	25.7M	23.1M	34.0M
Cash And Short Term Investments	8.5M	72.0M	52.9M	42.0M	47.1M	73.4M
Common Stock Shares Outstanding	59.4M	59.8M	60.3M	61.6M	63.2M	55.2M
Liabilities And Stockholders Equity	1.7B	1.2B	1.1B	1.1B	1.0B	1.8B
Other Stockholder Equity	493.3M	499.0M	479.6M	495.7M	493.8M	358.2M
Total Liab	503.9M	394.6M	389.9M	374.8M	336.9M	320.1M
Property Plant And Equipment Gross	503.3M	416.7M	338.6M	303.8M	776.1M	657.8M
Total Current Assets	483.4M	423.6M	426.7M	462.8M	488.0M	718.3M
Short Long Term Debt Total	292.3M	220.3M	208.7M	179.7M	161.4M	153.3M
Other Current Liab	53.0M	36.9M	36.9M	42.9M	35.3M	50.6M
Total Current Liabilities	183.1M	162.1M	177.3M	193.7M	157.3M	262.3M
Retained Earnings	797.7M	329.3M	281.6M	272.0M	284.9M	270.7M
Accounts Payable	78.4M	46.4M	63.3M	73.3M	67.5M	107.2M
Net Receivables	233.5M	163.1M	186.1M	218.8M	203.2M	349.5M
Common Stock Total Equity	726K	733K	739K	766K	880.9K	617.4K
Non Current Liabilities Total	320.8M	232.5M	212.6M	181.2M	179.7M	170.7M
Inventory	221.3M	170.4M	168.6M	182.7M	202.0M	298.4M
Other Current Assets	20.1M	36.1M	38.4M	19.3M	35.6M	22.7M
Accumulated Other Comprehensive Income	(67.7M)	(71.4M)	(66.0M)	(78.9M)	(70.0M)	(66.5M)
Short Term Debt	33.9M	33.0M	31.2M	30.1M	14.4M	21.3M
Intangible Assets	230.1M	205.7M	185.7M	169.8M	153.0M	148.6M
Common Stock	726K	733K	739K	766K	772K	626.7K
Other Liab	62.5M	37.6M	28.7M	25.4M	29.2M	30.0M
Long Term Debt	222.6M	165.8M	160.5M	135.1M	135.5M	270.3M
Good Will	482.3M	76.5M	76.4M	79.3M	79.9M	75.9M
Property Plant Equipment	459.7M	383.6M	364.0M	303.8M	349.4M	695.4M
Current Deferred Revenue	17.8M	43.4M	43.2M	44.8M	36.8M	35.1M
Treasury Stock	(616.8M)	(621.2M)	(624.0M)	(625.6M)	(563.0M)	(534.9M)
Net Tangible Assets	511.6M	475.4M	433.7M	689.6M	620.6M	778.3M
Retained Earnings Total Equity	797.7M	329.3M	281.6M	272.0M	244.8M	232.6M
Long Term Debt Total	222.6M	165.8M	160.5M	135.1M	121.6M	115.5M

Thematic Opportunities

Explore Investment Opportunities

Build portfolios using Macroaxis predefined set of investing ideas. Many of Macroaxis investing ideas can easily outperform a given market. Ideas can also be optimized per your risk profile before portfolio origination is invoked. Macroaxis thematic optimization helps investors identify companies most likely to benefit from changes or shifts in various micro-economic or local macro-level trends. Originating optimal thematic portfolios involves aligning investors' personal views, ideas, and beliefs with their actual investments.

Explore Investing Ideas

Additional Tools for Oil Stock Analysis

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

Macroaxis helps investors of all levels and skills to maximize the upside of all their holdings and minimize the risk associated with market volatility, economic swings, and company-specific events. View terms and conditions

Feedback Blog

Made with optimal in San Francisco

2024 Macroaxis LLC