Oil Net Income From Continuing Ops vs Other Operating Expenses Analysis

OIS Stock

USD 5.42 0.03 0.55%

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 Net Income From Continuing Ops and its Other Operating Expenses 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.

Net Income From Continuing Ops vs Other Operating Expenses

Net Income From Continuing Ops vs Other Operating Expenses Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Oil States International Net Income From Continuing Ops account and Other Operating Expenses. At this time, the significance of the direction appears to have strong relationship.

The correlation between Oil States' Net Income From Continuing Ops and Other Operating Expenses is 0.72. Overlapping area represents the amount of variation of Net Income From Continuing Ops that can explain the historical movement of Other Operating Expenses 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' Net Income From Continuing Ops and Other Operating Expenses 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 Income From Continuing Ops of Oil States International are associated (or correlated) with its Other Operating Expenses. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Other Operating Expenses has no effect on the direction of Net Income From Continuing Ops i.e., Oil States' Net Income From Continuing Ops and Other Operating Expenses go up and down completely randomly.

Correlation Coefficient

0.72

Relationship Direction	Positive
Relationship Strength	Significant

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Net Income From Continuing Ops

Other Operating Expenses

Other Operating Expenses is the expense which generally does not depend on sales or production quantities of Oil States International. It is also known as Oil States overhead expenses. Typically these expenses include marketing, rent and utilities, office, leases, and other overhead cost. Expenses incurred from non-core business activities, including administrative and general expenses, but excluding costs directly related to production.

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 2.8 M in 2025, whereas Sales General And Administrative To Revenue is likely to drop 0.07 in 2025.

	2022	2023	2024	2025 (projected)
Total Operating Expenses	88.9M	94.2M	108.3M	156.9M
Cost Of Revenue	645.9M	663.2M	762.6M	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	0.99	0.84	0.72	0.99	0.64	-0.15	0.72	0.12	0.2	0.94	0.94	0.97	0.95	0.67	0.93	0.87	0.86	0.95	-0.13	0.96	0.84	0.38	0.2	0.1
Total Stockholder Equity	0.96		0.95	0.7	0.74	0.97	0.72	-0.32	0.74	0.19	0.13	0.82	0.9	0.93	0.83	0.73	0.83	0.95	0.74	0.91	-0.02	0.86	0.73	0.33	0.08	0.06
Property Plant And Equipment Net	0.99	0.95		0.8	0.78	0.97	0.6	-0.11	0.78	0.06	0.12	0.93	0.95	0.97	0.93	0.68	0.9	0.88	0.83	0.94	-0.19	0.95	0.8	0.38	0.12	-0.01
Net Debt	0.84	0.7	0.8		0.33	0.81	0.54	-0.04	0.33	0.15	0.39	0.92	0.77	0.84	0.94	0.26	0.9	0.56	0.96	0.84	-0.1	0.93	0.94	0.35	0.56	0.26
Cash	0.72	0.74	0.78	0.33		0.71	0.38	-0.05	1.0	0.07	0.1	0.63	0.77	0.69	0.62	0.82	0.55	0.72	0.37	0.58	-0.1	0.65	0.3	0.37	-0.17	-0.01
Non Current Assets Total	0.99	0.97	0.97	0.81	0.71		0.66	-0.21	0.71	0.16	0.23	0.9	0.91	0.94	0.92	0.66	0.88	0.89	0.82	0.91	-0.08	0.93	0.79	0.32	0.23	0.18
Non Currrent Assets Other	0.64	0.72	0.6	0.54	0.38	0.66		-0.81	0.38	0.72	0.48	0.48	0.62	0.7	0.56	0.37	0.66	0.61	0.57	0.66	0.59	0.56	0.66	0.52	0.35	0.33
Other Assets	-0.15	-0.32	-0.11	-0.04	-0.05	-0.21	-0.81		-0.05	-0.83	-0.4	0.07	-0.16	-0.22	-0.01	-0.06	-0.18	-0.25	-0.12	-0.21	-0.82	-0.02	-0.2	-0.35	-0.13	-0.31
Cash And Short Term Investments	0.72	0.74	0.78	0.33	1.0	0.71	0.38	-0.05		0.07	0.1	0.63	0.77	0.69	0.62	0.82	0.55	0.72	0.37	0.58	-0.1	0.65	0.3	0.37	-0.17	-0.01
Common Stock Shares Outstanding	0.12	0.19	0.06	0.15	0.07	0.16	0.72	-0.83	0.07		0.8	0.03	0.22	0.21	0.12	0.02	0.23	0.03	0.14	0.14	0.95	0.11	0.23	0.55	0.36	0.58
Other Stockholder Equity	0.2	0.13	0.12	0.39	0.1	0.23	0.48	-0.4	0.1	0.8		0.27	0.25	0.23	0.35	-0.03	0.35	-0.1	0.28	0.14	0.7	0.31	0.31	0.5	0.71	0.86
Total Liab	0.94	0.82	0.93	0.92	0.63	0.9	0.48	0.07	0.63	0.03	0.27		0.9	0.93	0.98	0.53	0.94	0.69	0.92	0.91	-0.25	0.98	0.87	0.39	0.32	0.13
Property Plant And Equipment Gross	0.94	0.9	0.95	0.77	0.77	0.91	0.62	-0.16	0.77	0.22	0.25	0.9		0.96	0.91	0.65	0.88	0.81	0.81	0.9	-0.04	0.92	0.8	0.5	0.05	0.01
Total Current Assets	0.97	0.93	0.97	0.84	0.69	0.94	0.7	-0.22	0.69	0.21	0.23	0.93	0.96		0.93	0.65	0.96	0.83	0.89	0.98	-0.05	0.94	0.88	0.51	0.17	0.03
Short Long Term Debt Total	0.95	0.83	0.93	0.94	0.62	0.92	0.56	-0.01	0.62	0.12	0.35	0.98	0.91	0.93		0.51	0.93	0.72	0.92	0.89	-0.15	1.0	0.88	0.41	0.4	0.2
Other Current Liab	0.67	0.73	0.68	0.26	0.82	0.66	0.37	-0.06	0.82	0.02	-0.03	0.53	0.65	0.65	0.51		0.53	0.74	0.29	0.62	-0.12	0.54	0.29	0.37	-0.25	-0.08
Total Current Liabilities	0.93	0.83	0.9	0.9	0.55	0.88	0.66	-0.18	0.55	0.23	0.35	0.94	0.88	0.96	0.93	0.53		0.68	0.95	0.96	-0.04	0.93	0.93	0.54	0.35	0.15
Retained Earnings	0.87	0.95	0.88	0.56	0.72	0.89	0.61	-0.25	0.72	0.03	-0.1	0.69	0.81	0.83	0.72	0.74	0.68		0.61	0.82	-0.13	0.75	0.59	0.21	-0.1	-0.14
Accounts Payable	0.86	0.74	0.83	0.96	0.37	0.82	0.57	-0.12	0.37	0.14	0.28	0.92	0.81	0.89	0.92	0.29	0.95	0.61		0.91	-0.13	0.91	0.96	0.4	0.4	0.09
Net Receivables	0.95	0.91	0.94	0.84	0.58	0.91	0.66	-0.21	0.58	0.14	0.14	0.91	0.9	0.98	0.89	0.62	0.96	0.82	0.91		-0.12	0.9	0.9	0.48	0.15	-0.04
Common Stock Total Equity	-0.13	-0.02	-0.19	-0.1	-0.1	-0.08	0.59	-0.82	-0.1	0.95	0.7	-0.25	-0.04	-0.05	-0.15	-0.12	-0.04	-0.13	-0.13	-0.12		-0.16	-0.02	0.39	0.3	0.56
Non Current Liabilities Total	0.96	0.86	0.95	0.93	0.65	0.93	0.56	-0.02	0.65	0.11	0.31	0.98	0.92	0.94	1.0	0.54	0.93	0.75	0.91	0.9	-0.16		0.87	0.41	0.36	0.17
Inventory	0.84	0.73	0.8	0.94	0.3	0.79	0.66	-0.2	0.3	0.23	0.31	0.87	0.8	0.88	0.88	0.29	0.93	0.59	0.96	0.9	-0.02	0.87		0.4	0.41	0.11
Other Current Assets	0.38	0.33	0.38	0.35	0.37	0.32	0.52	-0.35	0.37	0.55	0.5	0.39	0.5	0.51	0.41	0.37	0.54	0.21	0.4	0.48	0.39	0.41	0.4		0.17	0.17
Short Term Debt	0.2	0.08	0.12	0.56	-0.17	0.23	0.35	-0.13	-0.17	0.36	0.71	0.32	0.05	0.17	0.4	-0.25	0.35	-0.1	0.4	0.15	0.3	0.36	0.41	0.17		0.76
Intangible Assets	0.1	0.06	-0.01	0.26	-0.01	0.18	0.33	-0.31	-0.01	0.58	0.86	0.13	0.01	0.03	0.2	-0.08	0.15	-0.14	0.09	-0.04	0.56	0.17	0.11	0.17	0.76

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Oil States Account Relationship Matchups

Oil States fundamental ratios Accounts

	2020	2021	2022	2023	2024	2025 (projected)
Total Assets	1.2B	1.1B	1.1B	1.0B	1.2B	1.8B
Total Stockholder Equity	757.6M	695.8M	689.6M	709.5M	816.0M	1.1B
Property Plant And Equipment Net	416.7M	364.0M	326.9M	302.4M	347.7M	639.8M
Net Debt	148.3M	155.8M	137.7M	114.2M	131.4M	124.8M
Cash	72.0M	52.9M	42.0M	47.1M	54.2M	73.4M
Non Current Assets Total	728.7M	659.0M	601.6M	558.5M	642.3M	1.1B
Non Currrent Assets Other	29.7M	32.9M	24.2M	21.0M	24.2M	15.2M
Other Assets	28.7M	62.9M	32.9M	25.7M	23.1M	34.0M
Cash And Short Term Investments	72.0M	52.9M	42.0M	47.1M	54.2M	73.4M
Common Stock Shares Outstanding	59.8M	60.3M	61.6M	63.2M	72.6M	55.2M
Liabilities And Stockholders Equity	1.2B	1.1B	1.1B	1.0B	1.2B	1.8B
Other Stockholder Equity	499.0M	479.6M	495.7M	493.8M	567.9M	358.2M
Total Liab	394.6M	389.9M	374.8M	336.9M	387.5M	682.6M
Property Plant And Equipment Gross	416.7M	338.6M	303.8M	776.1M	892.5M	657.8M
Total Current Assets	423.6M	426.7M	462.8M	488.0M	561.2M	718.3M
Short Long Term Debt Total	220.3M	208.7M	179.7M	161.4M	185.6M	176.3M
Other Current Liab	36.9M	36.9M	42.9M	42.2M	48.5M	50.9M
Total Current Liabilities	162.1M	177.3M	193.7M	157.3M	180.9M	262.3M
Retained Earnings	329.3M	281.6M	272.0M	284.9M	327.7M	311.3M
Accounts Payable	46.4M	63.3M	73.3M	67.5M	60.8M	107.2M
Net Receivables	163.1M	186.1M	218.8M	203.2M	233.7M	349.5M
Common Stock Total Equity	726K	733K	739K	766K	880.9K	617.4K
Non Current Liabilities Total	232.5M	212.6M	181.2M	179.7M	206.6M	196.3M
Inventory	170.4M	168.6M	182.7M	202.0M	232.3M	298.4M
Other Current Assets	36.1M	38.4M	19.3M	35.6M	41.0M	22.7M
Accumulated Other Comprehensive Income	(71.4M)	(66.0M)	(78.9M)	(70.0M)	(63.0M)	(59.8M)
Short Term Debt	33.0M	31.2M	30.1M	7.5M	8.6M	8.2M
Intangible Assets	205.7M	185.7M	169.8M	153.0M	137.7M	148.6M
Common Stock	733K	739K	766K	772K	887.8K	626.7K
Other Liab	62.5M	37.6M	28.7M	25.4M	29.2M	30.0M
Long Term Debt	165.8M	160.5M	135.1M	135.5M	122.0M	115.9M
Good Will	76.5M	76.4M	79.3M	79.9M	71.9M	68.3M
Property Plant Equipment	459.7M	383.6M	364.0M	303.8M	349.4M	695.4M
Current Deferred Revenue	43.4M	43.2M	44.8M	36.8M	33.1M	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

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