Seadrill Total Assets vs Common Stock Analysis
SDRL Stock | USD 40.31 0.37 0.91% |
Seadrill financial indicator trend analysis is much more than just breaking down Seadrill Limited prevalent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Seadrill Limited is a good investment. Please check the relationship between Seadrill Total Assets and its Common Stock accounts. Check out World Market Map to better understand how to build diversified portfolios, which includes a position in Seadrill Limited. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in metropolitan statistical area.
Total Assets vs Common Stock
Total Assets vs Common Stock Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Seadrill Limited Total Assets account and Common Stock. At this time, the significance of the direction appears to have almost identical trend.
The correlation between Seadrill's Total Assets and Common Stock is 0.94. Overlapping area represents the amount of variation of Total Assets that can explain the historical movement of Common Stock in the same time period over historical financial statements of Seadrill Limited, assuming nothing else is changed. The correlation between historical values of Seadrill's Total Assets and Common Stock is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Total Assets of Seadrill Limited are associated (or correlated) with its Common Stock. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Common Stock has no effect on the direction of Total Assets i.e., Seadrill's Total Assets and Common Stock go up and down completely randomly.
Correlation Coefficient | 0.94 |
Relationship Direction | Positive |
Relationship Strength | Very Strong |
Total Assets
Total assets refers to the total amount of Seadrill assets owned. Assets are items that have some economic value and are expended over time to create a benefit for the owner. These assets are usually recorded in Seadrill Limited books under different categories such as cash, marketable securities, accounts receivable,prepaid expenses, inventory, fixed assets, intangible assets, other assets, marketable securities, accounts receivable, prepaid expenses and others. The total value of all owned resources that are expected to provide future economic benefits to the business, including cash, investments, accounts receivable, inventory, property, plant, equipment, and intangible assets.Common Stock
Most indicators from Seadrill's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Seadrill Limited 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 Seadrill Limited. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in metropolitan statistical area. At this time, Seadrill's Tax Provision is quite stable compared to the past year. Discontinued Operations is expected to rise to about 6 M this year, although the value of Selling General Administrative will most likely fall to about 63.3 M.
2021 | 2022 | 2023 | 2024 (projected) | Interest Expense | 109M | 90.7M | 59M | 56.1M | Depreciation And Amortization | 123.7M | 149.1M | 155M | 147.3M |
Seadrill fundamental ratios Correlations
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Seadrill Account Relationship Matchups
High Positive Relationship
High Negative Relationship
Seadrill fundamental ratios Accounts
2019 | 2020 | 2021 | 2022 | 2023 | 2024 (projected) | ||
Total Assets | 9.3B | 4.0B | 2.9B | 2.8B | 4.2B | 4.0B | |
Other Current Liab | 295M | 736M | 1.2B | 306M | 272.1M | 258.5M | |
Total Current Liabilities | 770M | 6.5B | 293M | 404M | 389M | 369.6M | |
Total Stockholder Equity | 1.6B | (3.1B) | 1.6B | 1.7B | 3.0B | 1.7B | |
Property Plant And Equipment Net | 6.4B | 2.1B | 1.8B | 1.7B | 2.9B | 2.7B | |
Net Debt | 5.3B | 5.6B | 533M | 38M | (89M) | (84.6M) | |
Retained Earnings | (1.9B) | (6.6B) | 1.6B | 201M | 501M | 368.1M | |
Cash | 1.1B | 491M | 375M | 480M | 697M | 682.1M | |
Non Current Assets Total | 7.5B | 2.9B | 2.0B | 1.9B | 3.1B | 2.9B | |
Non Currrent Assets Other | 1.1B | 45M | 174M | 155M | 143M | 150.2M | |
Cash And Short Term Investments | 1.1B | 491M | 375M | 480M | 697M | 786.3M | |
Common Stock Shares Outstanding | 505M | 301.4M | 100M | 50.0M | 74M | 70.3M | |
Short Term Investments | 124M | 57M | 11M | 121M | 108.9M | 150.6M | |
Non Current Liabilities Total | 6.7B | 556M | 1.0B | 695M | 846M | 803.7M | |
Other Stockholder Equity | 3.5B | 3.5B | 3.5B | 1.5B | 2.5B | 2.6B | |
Total Liab | 7.5B | 7.1B | 1.3B | 1.1B | 1.2B | 1.2B | |
Total Current Assets | 1.8B | 1.1B | 924M | 857M | 1.1B | 1.7B | |
Short Long Term Debt Total | 6.4B | 6.1B | 908M | 518M | 608M | 577.6M | |
Net Receivables | 173M | 125M | 186M | 164M | 231M | 168.5M | |
Liabilities And Stockholders Equity | 9.3B | 4.0B | 2.9B | 2.8B | 4.2B | 4.5B | |
Other Current Assets | 158M | 343M | 1.5B | 213M | 230M | 430.5M | |
Accumulated Other Comprehensive Income | (13M) | (26M) | (15.0M) | 2M | 1M | 1.1M | |
Short Term Debt | 343M | 5.8B | 30.0M | 22M | 2.0M | 1.9M |
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Is Energy Equipment & Services space expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of Seadrill. If investors know Seadrill will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about Seadrill listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Quarterly Earnings Growth (0.55) | Earnings Share 5.78 | Revenue Per Share 20.648 | Quarterly Revenue Growth (0.15) | Return On Assets 0.0404 |
The market value of Seadrill Limited is measured differently than its book value, which is the value of Seadrill that is recorded on the company's balance sheet. Investors also form their own opinion of Seadrill's value that differs from its market value or its book value, called intrinsic value, which is Seadrill's true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because Seadrill's market value can be influenced by many factors that don't directly affect Seadrill's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between Seadrill's value and its price as these two are different measures arrived at by different means. Investors typically determine if Seadrill is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Seadrill's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.