Shipping Long Term Debt vs Property Plant And Equipment Net Analysis

SCI Stock   234.87  0.34  0.14%   
Shipping financial indicator trend analysis is much more than just breaking down Shipping prevalent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Shipping is a good investment. Please check the relationship between Shipping Long Term Debt and its Property Plant And Equipment Net accounts. Check out World Market Map to better understand how to build diversified portfolios, which includes a position in Shipping. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in board of governors.

Long Term Debt vs Property Plant And Equipment Net

Long Term Debt vs Property Plant And Equipment Net Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Shipping Long Term Debt account and Property Plant And Equipment Net. At this time, the significance of the direction appears to have strong relationship.
The correlation between Shipping's Long Term Debt and Property Plant And Equipment Net is 0.66. Overlapping area represents the amount of variation of Long Term Debt that can explain the historical movement of Property Plant And Equipment Net in the same time period over historical financial statements of Shipping, assuming nothing else is changed. The correlation between historical values of Shipping's Long Term Debt and Property Plant And Equipment Net is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Long Term Debt of Shipping are associated (or correlated) with its Property Plant And Equipment Net. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Property Plant And Equipment Net has no effect on the direction of Long Term Debt i.e., Shipping's Long Term Debt and Property Plant And Equipment Net go up and down completely randomly.

Correlation Coefficient

0.66
Relationship DirectionPositive 
Relationship StrengthSignificant

Long Term Debt

Long-term debt is a debt that Shipping has held for over one year. Long-term debt appears on Shipping balance sheet and also includes long-term leases. The most common forms of long term debt are bonds payable, long-term notes payable, mortgage payable, pension liabilities, and lease liabilities. In the corporate world, long-term debt is generally used to fund big-ticket items, such as machinery, buildings, and land. The total of long-term debt reported on Shipping balance sheet is the sum of the balances of all categories of long-term debt. Debt that is not due within the current year and is often considered to be financing activities that are to be repaid over several years.

Property Plant And Equipment Net

The total value of a company's physical assets (such as land, buildings, and equipment) used in operations, net of depreciation. It reflects the company's investment in assets used for production.
Most indicators from Shipping's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Shipping 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 World Market Map to better understand how to build diversified portfolios, which includes a position in Shipping. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in board of governors.
As of December 2, 2024, Selling General Administrative is expected to decline to about 46.5 M. The current year's Tax Provision is expected to grow to about (319.9 M)
 2021 2022 2023 2024 (projected)
Gross Profit9.1B10.8B15.5B14.6B
Total Revenue49.3B57.9B50.3B43.7B

Shipping fundamental ratios Correlations

0.850.480.560.690.910.85-0.170.190.360.95-0.060.27-0.270.280.630.5-0.12-0.130.860.330.730.67-0.090.330.92
0.850.650.390.240.910.96-0.35-0.140.560.92-0.070.3-0.460.00.840.310.060.040.98-0.060.390.85-0.340.530.88
0.480.65-0.09-0.120.520.55-0.58-0.290.630.55-0.060.47-0.42-0.210.880.16-0.39-0.050.74-0.110.080.87-0.150.680.48
0.560.39-0.090.520.620.560.130.56-0.330.55-0.38-0.370.270.22-0.070.210.17-0.370.380.120.52-0.07-0.06-0.350.63
0.690.24-0.120.520.460.310.270.48-0.140.530.040.010.070.53-0.020.48-0.12-0.20.240.640.830.040.2-0.120.5
0.910.910.520.620.460.93-0.110.10.330.98-0.220.1-0.350.080.650.180.110.00.9-0.050.540.66-0.280.230.98
0.850.960.550.560.310.93-0.32-0.060.310.92-0.240.07-0.42-0.080.740.310.120.010.93-0.060.390.73-0.280.390.89
-0.17-0.35-0.580.130.27-0.11-0.320.13-0.32-0.120.19-0.390.260.5-0.6-0.160.17-0.06-0.41-0.190.27-0.52-0.28-0.44-0.01
0.19-0.14-0.290.560.480.1-0.060.13-0.30.06-0.260.060.760.51-0.350.25-0.11-0.34-0.080.450.56-0.350.48-0.570.14
0.360.560.63-0.33-0.140.330.31-0.32-0.30.40.450.82-0.320.20.720.15-0.150.140.58-0.060.180.75-0.30.660.35
0.950.920.550.550.530.980.92-0.120.060.4-0.10.2-0.360.160.70.340.01-0.040.910.040.630.72-0.250.370.97
-0.06-0.07-0.06-0.380.04-0.22-0.240.19-0.260.45-0.10.430.020.390.00.330.00.13-0.10.130.210.08-0.130.46-0.16
0.270.30.47-0.370.010.10.07-0.390.060.820.20.430.00.30.520.36-0.380.00.350.270.310.560.270.520.11
-0.27-0.46-0.420.270.07-0.35-0.420.260.76-0.32-0.360.020.00.53-0.570.19-0.14-0.38-0.420.250.29-0.560.34-0.51-0.27
0.280.0-0.210.220.530.08-0.080.50.510.20.160.390.30.53-0.180.46-0.27-0.280.010.450.78-0.09-0.1-0.120.23
0.630.840.88-0.07-0.020.650.74-0.6-0.350.720.70.00.52-0.57-0.180.25-0.150.190.86-0.10.160.98-0.210.770.6
0.50.310.160.210.480.180.31-0.160.250.150.340.330.360.190.460.25-0.48-0.430.330.60.620.330.290.490.24
-0.120.06-0.390.17-0.120.110.120.17-0.11-0.150.010.0-0.38-0.14-0.27-0.15-0.480.57-0.08-0.45-0.22-0.25-0.33-0.30.03
-0.130.04-0.05-0.37-0.20.00.01-0.06-0.340.14-0.040.130.0-0.38-0.280.19-0.430.57-0.03-0.3-0.250.11-0.170.04-0.06
0.860.980.740.380.240.90.93-0.41-0.080.580.91-0.10.35-0.420.010.860.33-0.08-0.030.00.410.88-0.270.530.88
0.33-0.06-0.110.120.64-0.05-0.06-0.190.45-0.060.040.130.270.250.45-0.10.6-0.45-0.30.00.47-0.020.46-0.050.0
0.730.390.080.520.830.540.390.270.560.180.630.210.310.290.780.160.62-0.22-0.250.410.470.230.080.060.63
0.670.850.87-0.070.040.660.73-0.52-0.350.750.720.080.56-0.56-0.090.980.33-0.250.110.88-0.020.23-0.210.80.63
-0.09-0.34-0.15-0.060.2-0.28-0.28-0.280.48-0.3-0.25-0.130.270.34-0.1-0.210.29-0.33-0.17-0.270.460.08-0.21-0.14-0.35
0.330.530.68-0.35-0.120.230.39-0.44-0.570.660.370.460.52-0.51-0.120.770.49-0.30.040.53-0.050.060.8-0.140.22
0.920.880.480.630.50.980.89-0.010.140.350.97-0.160.11-0.270.230.60.240.03-0.060.880.00.630.63-0.350.22
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Shipping Account Relationship Matchups

Shipping fundamental ratios Accounts

201920202021202220232024 (projected)
Total Assets139.2B134.0B142.5B109.1B121.0B132.2B
Short Long Term Debt Total47.7B36.8B32.0B26.0B29.1B43.3B
Other Current Liab4.8B5.4B3.4B4.4B2.2B2.1B
Total Current Liabilities45.9B24.3B29.2B27.9B29.2B26.7B
Total Stockholder Equity74.8B81.7B91.0B63.7B75.4B70.2B
Property Plant And Equipment Net106.5B102.1B76.8B74.4B70.5B91.4B
Net Debt45.2B34.5B30.6B22.9B20.8B30.0B
Retained Earnings8.5B14.3B(2.2B)5.1B10.9B11.5B
Accounts Payable9.6B8.3B12.4B13.9B13.4B10.0B
Cash2.4B2.2B1.4B3.2B8.4B9.7B
Non Current Assets Total114.8B111.0B89.1B82.2B84.5B98.1B
Non Currrent Assets Other963.5M70.6M70.9M1.7B7.5B7.8B
Cash And Short Term Investments2.4B2.2B9.1B13.0B11.9B10.7B
Net Receivables12.8B9.3B12.7B16.9B18.1B12.7B
Liabilities And Stockholders Equity139.2B134.0B142.5B109.1B121.0B132.2B
Non Current Liabilities Total18.4B28.1B22.4B17.5B16.4B15.6B
Inventory1.3B876.9M1.7B1.5B1.7B1.3B
Other Current Assets9.9B10.6B3.9B5.3B4.8B6.8B
Total Liab64.3B52.4B51.6B45.4B45.6B62.0B
Total Current Assets24.4B23.0B53.4B26.9B36.5B34.1B
Accumulated Other Comprehensive Income(45.5B)57.5B52.0B54.0B54.6B57.3B
Long Term Debt16.8B26.6B21.5B16.6B15.7B26.0B
Intangible Assets14.6M5M900K0.03.2M3.0M
Property Plant Equipment106.5B102.1B76.8B74.4B85.5B101.2B
Other Assets(100K)5.4B5.6B1.5B1.3B1.2B
Short Term Debt31.4B10.4B10.4B9.3B13.3B14.3B
Other Liab1.6B1.4B1.2B708.1M637.3M605.4M
Current Deferred Revenue4.9B5.1B6.0B3.2B285.6M271.3M
Net Tangible Assets71.8B74.8B81.7B91.0B104.6B80.2B
Short Long Term Debt30.6B4.2B10.3B9.2B13.3B18.4B
Long Term Debt Total17.0B26.9B21.7B16.8B15.1B24.2B
Cash And Equivalents2.4B2.2B1.4B3.2B2.9B2.1B
Net Invested Capital122.2B112.5B122.7B89.5B104.3B91.9B
Net Working Capital(21.5B)(1.3B)24.2B(1.0B)7.3B7.7B

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Other Information on Investing in Shipping Stock

Balance Sheet is a snapshot of the financial position of Shipping at a specified time, usually calculated after every quarter, six months, or one year. Shipping Balance Sheet has two main parts: assets and liabilities. Liabilities are the debts or obligations of Shipping and are divided into current liabilities and long term liabilities. An asset, on the other hand, is anything of value that can be converted into cash and which Shipping currently owns. An asset can also be divided into two categories, current and non-current.