Sable Other Assets vs Net Debt Analysis
| SOC Stock | 23.02 0.92 4.16% |
Sable Offshore financial indicator trend analysis is much more than just breaking down Sable Offshore Corp prevalent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Sable Offshore Corp is a good investment. Please check the relationship between Sable Offshore Other Assets and its Net Debt accounts. Check out World Market Map to better understand how to build diversified portfolios, which includes a position in Sable Offshore Corp. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in persons.
Other Assets vs Net Debt
Other Assets vs Net Debt Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Sable Offshore Corp Other Assets account and Net Debt. At this time, the significance of the direction appears to have pay attention.
The correlation between Sable Offshore's Other Assets and Net Debt is -0.79. Overlapping area represents the amount of variation of Other Assets that can explain the historical movement of Net Debt in the same time period over historical financial statements of Sable Offshore Corp, assuming nothing else is changed. The correlation between historical values of Sable Offshore's Other Assets and Net Debt is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Other Assets of Sable Offshore Corp are associated (or correlated) with its Net Debt. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Net Debt has no effect on the direction of Other Assets i.e., Sable Offshore's Other Assets and Net Debt go up and down completely randomly.
Correlation Coefficient | -0.79 |
| Relationship Direction | Negative |
| Relationship Strength | Weak |
Other Assets
Net Debt
The total debt of a company minus its cash and cash equivalents. It represents the actual debt burden on the company after accounting for the liquid assets it holds.Most indicators from Sable Offshore's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Sable Offshore Corp 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 Sable Offshore Corp. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in persons. As of November 22, 2024, Tax Provision is expected to decline to about 612.8 K. In addition to that, Selling General Administrative is expected to decline to about 1.3 M
| 2021 | 2022 | 2023 | 2024 (projected) | Other Operating Expenses | 6.2M | 4.9M | 5.7M | 3.5M | Depreciation And Amortization | 6.2K | 4.9K | 4.4K | 3.9K |
Sable Offshore fundamental ratios Correlations
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Sable Offshore Account Relationship Matchups
High Positive Relationship
High Negative Relationship
Also Currently Popular
Analyzing currently trending equities could be an opportunity to develop a better portfolio based on different market momentums that they can trigger. Utilizing the top trending stocks is also useful when creating a market-neutral strategy or pair trading technique involving a short or a long position in a currently trending equity.When determining whether Sable Offshore Corp offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of Sable Offshore's financial statements, including income statements, balance sheets, and cash flow statements, to assess its financial health. Key financial ratios are used to gauge profitability, efficiency, and growth potential of Sable Offshore Corp Stock. Outlined below are crucial reports that will aid in making a well-informed decision on Sable Offshore Corp Stock:Check out World Market Map to better understand how to build diversified portfolios, which includes a position in Sable Offshore Corp. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in persons. You can also try the Watchlist Optimization module to optimize watchlists to build efficient portfolios or rebalance existing positions based on the mean-variance optimization algorithm.
Is Oil & Gas Exploration & Production 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 Sable Offshore. If investors know Sable 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 Sable Offshore listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Earnings Share (2.86) | Return On Assets (0.09) | Return On Equity (6.46) |
The market value of Sable Offshore Corp is measured differently than its book value, which is the value of Sable that is recorded on the company's balance sheet. Investors also form their own opinion of Sable Offshore's value that differs from its market value or its book value, called intrinsic value, which is Sable Offshore'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 Sable Offshore's market value can be influenced by many factors that don't directly affect Sable Offshore'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 Sable Offshore's value and its price as these two are different measures arrived at by different means. Investors typically determine if Sable Offshore is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Sable Offshore'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.