Scorpio Deferred Long Term Liab vs Short Term Investments Analysis

STNG Stock  USD 52.62  0.29  0.55%   
Scorpio Tankers financial indicator trend analysis is much more than just breaking down Scorpio Tankers prevalent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Scorpio Tankers is a good investment. Please check the relationship between Scorpio Tankers Deferred Long Term Liab and its Short Term Investments accounts. Check out World Market Map to better understand how to build diversified portfolios, which includes a position in Scorpio Tankers. 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.
For more detail on how to invest in Scorpio Stock please use our How to Invest in Scorpio Tankers guide.

Deferred Long Term Liab vs Short Term Investments

Deferred Long Term Liab vs Short Term Investments Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Scorpio Tankers Deferred Long Term Liab account and Short Term Investments. At this time, the significance of the direction appears to have almost no relationship.
The correlation between Scorpio Tankers' Deferred Long Term Liab and Short Term Investments is 0.15. Overlapping area represents the amount of variation of Deferred Long Term Liab that can explain the historical movement of Short Term Investments in the same time period over historical financial statements of Scorpio Tankers, assuming nothing else is changed. The correlation between historical values of Scorpio Tankers' Deferred Long Term Liab and Short Term Investments is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Deferred Long Term Liab of Scorpio Tankers are associated (or correlated) with its Short Term Investments. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Short Term Investments has no effect on the direction of Deferred Long Term Liab i.e., Scorpio Tankers' Deferred Long Term Liab and Short Term Investments go up and down completely randomly.

Correlation Coefficient

0.15
Relationship DirectionPositive 
Relationship StrengthInsignificant

Deferred Long Term Liab

Liabilities that are due after more than one year, including deferred tax liabilities and deferred revenue.

Short Term Investments

Short Term Investments is an item under the current assets section of Scorpio Tankers balance sheet. It contains any investments Scorpio Tankers undertook that will expire in less than one year. These accounts contain financial instruments such as stocks or bonds that Scorpio Tankers can easily liquidate in the marketplace.
Most indicators from Scorpio Tankers' fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Scorpio Tankers 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 Scorpio Tankers. 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.
For more detail on how to invest in Scorpio Stock please use our How to Invest in Scorpio Tankers guide.At this time, Scorpio Tankers' Enterprise Value is most likely to increase significantly in the upcoming years.
 2021 2022 2023 2024 (projected)
Interest Expense144.1M169.8M166.7M88.3M
Depreciation And Amortization240.3M206.8M202.5M115.9M

Scorpio Tankers fundamental ratios Correlations

0.95-0.350.90.90.790.99-0.210.93-0.240.50.691.00.730.560.690.340.310.80.930.860.850.30.960.980.61
0.95-0.30.820.720.730.97-0.130.99-0.390.440.60.970.620.630.60.110.360.681.00.750.820.131.00.930.45
-0.35-0.3-0.38-0.35-0.22-0.350.16-0.30.4-0.57-0.2-0.34-0.170.28-0.2-0.130.26-0.45-0.29-0.55-0.47-0.57-0.31-0.29-0.14
0.90.82-0.380.850.830.88-0.240.78-0.120.440.710.880.780.340.710.420.110.840.760.780.730.370.830.910.64
0.90.72-0.350.850.740.86-0.310.680.020.50.720.870.760.350.720.60.190.850.680.860.760.50.730.90.75
0.790.73-0.220.830.740.79-0.380.710.060.180.60.780.810.30.60.480.140.810.690.710.810.350.730.810.65
0.990.97-0.350.880.860.79-0.190.96-0.270.490.631.00.70.590.630.280.280.780.950.830.850.270.970.980.55
-0.21-0.130.16-0.24-0.31-0.38-0.19-0.110.16-0.21-0.24-0.2-0.260.17-0.24-0.14-0.07-0.26-0.09-0.23-0.32-0.22-0.12-0.2-0.23
0.930.99-0.30.780.680.710.96-0.11-0.420.440.50.950.580.650.50.050.310.640.990.720.80.110.990.90.37
-0.24-0.390.4-0.120.020.06-0.270.16-0.42-0.3-0.03-0.270.11-0.02-0.030.64-0.240.1-0.42-0.09-0.290.22-0.38-0.150.32
0.50.44-0.570.440.50.180.49-0.210.44-0.30.260.50.40.060.260.28-0.080.510.430.550.220.410.450.430.3
0.690.6-0.20.710.720.60.63-0.240.5-0.030.260.630.590.261.00.480.540.610.560.670.640.180.60.660.87
1.00.97-0.340.880.870.781.0-0.20.95-0.270.50.630.710.580.630.280.280.780.950.830.850.280.970.980.55
0.730.62-0.170.780.760.810.7-0.260.580.110.40.590.710.10.590.65-0.070.910.580.670.60.530.630.740.75
0.560.630.280.340.350.30.590.170.65-0.020.060.260.580.10.26-0.040.580.10.660.350.33-0.310.630.570.17
0.690.6-0.20.710.720.60.63-0.240.5-0.030.261.00.630.590.260.480.540.610.560.670.640.180.60.660.87
0.340.11-0.130.420.60.480.28-0.140.050.640.280.480.280.65-0.040.48-0.120.660.070.60.270.550.130.350.81
0.310.360.260.110.190.140.28-0.070.31-0.24-0.080.540.28-0.070.580.54-0.12-0.140.380.180.28-0.430.350.240.32
0.80.68-0.450.840.850.810.78-0.260.640.10.510.610.780.910.10.610.66-0.140.630.790.730.690.690.810.75
0.931.0-0.290.760.680.690.95-0.090.99-0.420.430.560.950.580.660.560.070.380.630.730.810.090.990.90.41
0.860.75-0.550.780.860.710.83-0.230.72-0.090.550.670.830.670.350.670.60.180.790.730.810.410.760.810.7
0.850.82-0.470.730.760.810.85-0.320.8-0.290.220.640.850.60.330.640.270.280.730.810.810.310.820.820.55
0.30.13-0.570.370.50.350.27-0.220.110.220.410.180.280.53-0.310.180.55-0.430.690.090.410.310.140.310.43
0.961.0-0.310.830.730.730.97-0.120.99-0.380.450.60.970.630.630.60.130.350.690.990.760.820.140.930.46
0.980.93-0.290.910.90.810.98-0.20.9-0.150.430.660.980.740.570.660.350.240.810.90.810.820.310.930.59
0.610.45-0.140.640.750.650.55-0.230.370.320.30.870.550.750.170.870.810.320.750.410.70.550.430.460.59
Click cells to compare fundamentals

Scorpio Tankers Account Relationship Matchups

Scorpio Tankers fundamental ratios Accounts

201920202021202220232024 (projected)
Total Assets5.2B5.2B5.0B4.6B4.2B3.0B
Short Long Term Debt Total3.1B3.0B3.1B1.9B1.6B1.6B
Other Current Liab41.5M(156.2M)(207.7M)(240.9M)61.0M64.1M
Total Current Liabilities486.2M406.2M527.8M473.3M510.4M265.8M
Total Stockholder Equity2.0B2.1B1.8B2.5B2.6B1.4B
Property Plant And Equipment Net4.7B4.8B4.6B3.8B3.6B2.6B
Net Debt2.9B2.9B2.9B1.6B1.2B1.4B
Retained Earnings(399.0M)(304.9M)(539.4M)97.9M587.1M616.5M
Accounts Payable23.1M12.9M35.1M28.7M10.0M15.1M
Cash202.3M187.5M230.4M376.9M355.6M182.9M
Non Current Assets Total4.9B4.9B4.7B3.9B3.7B2.7B
Other Assets85.7M141.7M72.2M113.8M130.8M137.4M
Long Term Debt999.3M971.2M666.4M264.1M939.2M807.7M
Cash And Short Term Investments202.3M187.5M230.4M376.9M355.6M182.9M
Net Receivables78.2M33.0M38.1M276.7M203.5M213.7M
Common Stock Total Equity3.8M5.8M646K656K754.4K716.7K
Common Stock Shares Outstanding49.9M56.4M54.7M63.5M54.5M57.3M
Liabilities And Stockholders Equity5.2B5.2B5.0B4.6B4.2B3.0B
Non Current Liabilities Total2.7B2.7B2.6B1.6B1.2B1.4B
Inventory8.6M9.3M8.8M15.6M7.8M6.3M
Other Current Assets13.9M24.9M12.0M18.2M10.2M8.8M
Other Stockholder Equity(646K)2.4B2.4B2.4B2.0B2.1B
Total Liab3.2B3.1B3.2B2.1B1.7B1.7B
Property Plant And Equipment Gross4.7B4.8B4.6B3.8B4.8B2.7B
Total Current Assets303.0M267.4M285.2M687.3M577.1M605.9M
Accumulated Other Comprehensive Income2.4B2.4B2.4B2.4B2.0B1.2B
Short Term Debt421.7M549.5M700.4M674.5M427.7M261.2M
Common Stock646K656K659K727K745K1.5M
Property Plant Equipment4.7B4.8B4.6B3.8B4.3B2.6B
Non Currrent Assets Other143.4M72.2M113.8M75.1M53.6M55.1M
Deferred Long Term Liab2.8M4.0M1.4M1.6M1.5M1.4M
Short Long Term Debt235.5M172.7M235.3M31.5M221.0M204.0M
Net Tangible Assets2.0B2.1B1.8B2.5B2.9B1.9B

Currently Active Assets on Macroaxis

When determining whether Scorpio Tankers is a strong investment it is important to analyze Scorpio Tankers' competitive position within its industry, examining market share, product or service uniqueness, and competitive advantages. Beyond financials and market position, potential investors should also consider broader economic conditions, industry trends, and any regulatory or geopolitical factors that may impact Scorpio Tankers' future performance. For an informed investment choice regarding Scorpio Stock, refer to the following important reports:
Check out World Market Map to better understand how to build diversified portfolios, which includes a position in Scorpio Tankers. 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.
For more detail on how to invest in Scorpio Stock please use our How to Invest in Scorpio Tankers guide.
You can also try the Commodity Channel module to use Commodity Channel Index to analyze current equity momentum.
Is Oil & Gas Storage & Transportation 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 Scorpio Tankers. If investors know Scorpio 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 Scorpio Tankers 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
0.637
Dividend Share
1.55
Earnings Share
13.97
Revenue Per Share
27.856
Quarterly Revenue Growth
(0.08)
The market value of Scorpio Tankers is measured differently than its book value, which is the value of Scorpio that is recorded on the company's balance sheet. Investors also form their own opinion of Scorpio Tankers' value that differs from its market value or its book value, called intrinsic value, which is Scorpio Tankers' 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 Scorpio Tankers' market value can be influenced by many factors that don't directly affect Scorpio Tankers' 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 Scorpio Tankers' value and its price as these two are different measures arrived at by different means. Investors typically determine if Scorpio Tankers is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Scorpio Tankers' 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.