Scorpio Retained Earnings vs Net Receivables 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 Retained Earnings and its Net Receivables 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.

Retained Earnings vs Net Receivables

Retained Earnings vs Net Receivables Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Scorpio Tankers Retained Earnings account and Net Receivables. At this time, the significance of the direction appears to have strong relationship.

The correlation between Scorpio Tankers' Retained Earnings and Net Receivables is 0.64. Overlapping area represents the amount of variation of Retained Earnings that can explain the historical movement of Net Receivables 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' Retained Earnings and Net Receivables is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Retained Earnings of Scorpio Tankers are associated (or correlated) with its Net Receivables. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Net Receivables has no effect on the direction of Retained Earnings i.e., Scorpio Tankers' Retained Earnings and Net Receivables go up and down completely randomly.

Correlation Coefficient

0.64

Relationship Direction	Positive
Relationship Strength	Significant

View All Relationships

Retained Earnings

The cumulative amount of net income that a company retains for reinvestment in its operations, rather than distributing it to shareholders as dividends.

Net Receivables

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 Expense	144.1M	169.8M	166.7M	88.3M
Depreciation And Amortization	240.3M	206.8M	202.5M	115.9M

Interest Expense Depreciation And Amortization

Scorpio Tankers fundamental ratios Correlations

	Total Assets	Short Long Term Debt Total	Other Current Liab	Total Current Liabilities	Total Stockholder Equity	Other Liab	Property Plant And Equipment Net	Current Deferred Revenue	Net Debt	Retained Earnings	Accounts Payable	Cash	Non Current Assets Total	Other Assets	Long Term Debt	Cash And Short Term Investments	Net Receivables	Common Stock Total Equity	Common Stock Shares Outstanding	Non Current Liabilities Total	Inventory	Other Current Assets	Other Stockholder Equity	Total Liab	Property Plant And Equipment Gross	Total Current Assets
Total Assets		0.95	-0.35	0.9	0.9	0.79	0.99	-0.21	0.93	-0.24	0.5	0.69	1.0	0.73	0.56	0.69	0.34	0.31	0.8	0.93	0.86	0.85	0.3	0.96	0.98	0.61
Short Long Term Debt Total	0.95		-0.3	0.82	0.72	0.73	0.97	-0.13	0.99	-0.39	0.44	0.6	0.97	0.62	0.63	0.6	0.11	0.36	0.68	1.0	0.75	0.82	0.13	1.0	0.93	0.45
Other Current Liab	-0.35	-0.3		-0.38	-0.35	-0.22	-0.35	0.16	-0.3	0.4	-0.57	-0.2	-0.34	-0.17	0.28	-0.2	-0.13	0.26	-0.45	-0.29	-0.55	-0.47	-0.57	-0.31	-0.29	-0.14
Total Current Liabilities	0.9	0.82	-0.38		0.85	0.83	0.88	-0.24	0.78	-0.12	0.44	0.71	0.88	0.78	0.34	0.71	0.42	0.11	0.84	0.76	0.78	0.73	0.37	0.83	0.91	0.64
Total Stockholder Equity	0.9	0.72	-0.35	0.85		0.74	0.86	-0.31	0.68	0.02	0.5	0.72	0.87	0.76	0.35	0.72	0.6	0.19	0.85	0.68	0.86	0.76	0.5	0.73	0.9	0.75
Other Liab	0.79	0.73	-0.22	0.83	0.74		0.79	-0.38	0.71	0.06	0.18	0.6	0.78	0.81	0.3	0.6	0.48	0.14	0.81	0.69	0.71	0.81	0.35	0.73	0.81	0.65
Property Plant And Equipment Net	0.99	0.97	-0.35	0.88	0.86	0.79		-0.19	0.96	-0.27	0.49	0.63	1.0	0.7	0.59	0.63	0.28	0.28	0.78	0.95	0.83	0.85	0.27	0.97	0.98	0.55
Current Deferred Revenue	-0.21	-0.13	0.16	-0.24	-0.31	-0.38	-0.19		-0.11	0.16	-0.21	-0.24	-0.2	-0.26	0.17	-0.24	-0.14	-0.07	-0.26	-0.09	-0.23	-0.32	-0.22	-0.12	-0.2	-0.23
Net Debt	0.93	0.99	-0.3	0.78	0.68	0.71	0.96	-0.11		-0.42	0.44	0.5	0.95	0.58	0.65	0.5	0.05	0.31	0.64	0.99	0.72	0.8	0.11	0.99	0.9	0.37
Retained Earnings	-0.24	-0.39	0.4	-0.12	0.02	0.06	-0.27	0.16	-0.42		-0.3	-0.03	-0.27	0.11	-0.02	-0.03	0.64	-0.24	0.1	-0.42	-0.09	-0.29	0.22	-0.38	-0.15	0.32
Accounts Payable	0.5	0.44	-0.57	0.44	0.5	0.18	0.49	-0.21	0.44	-0.3		0.26	0.5	0.4	0.06	0.26	0.28	-0.08	0.51	0.43	0.55	0.22	0.41	0.45	0.43	0.3
Cash	0.69	0.6	-0.2	0.71	0.72	0.6	0.63	-0.24	0.5	-0.03	0.26		0.63	0.59	0.26	1.0	0.48	0.54	0.61	0.56	0.67	0.64	0.18	0.6	0.66	0.87
Non Current Assets Total	1.0	0.97	-0.34	0.88	0.87	0.78	1.0	-0.2	0.95	-0.27	0.5	0.63		0.71	0.58	0.63	0.28	0.28	0.78	0.95	0.83	0.85	0.28	0.97	0.98	0.55
Other Assets	0.73	0.62	-0.17	0.78	0.76	0.81	0.7	-0.26	0.58	0.11	0.4	0.59	0.71		0.1	0.59	0.65	-0.07	0.91	0.58	0.67	0.6	0.53	0.63	0.74	0.75
Long Term Debt	0.56	0.63	0.28	0.34	0.35	0.3	0.59	0.17	0.65	-0.02	0.06	0.26	0.58	0.1		0.26	-0.04	0.58	0.1	0.66	0.35	0.33	-0.31	0.63	0.57	0.17
Cash And Short Term Investments	0.69	0.6	-0.2	0.71	0.72	0.6	0.63	-0.24	0.5	-0.03	0.26	1.0	0.63	0.59	0.26		0.48	0.54	0.61	0.56	0.67	0.64	0.18	0.6	0.66	0.87
Net Receivables	0.34	0.11	-0.13	0.42	0.6	0.48	0.28	-0.14	0.05	0.64	0.28	0.48	0.28	0.65	-0.04	0.48		-0.12	0.66	0.07	0.6	0.27	0.55	0.13	0.35	0.81
Common Stock Total Equity	0.31	0.36	0.26	0.11	0.19	0.14	0.28	-0.07	0.31	-0.24	-0.08	0.54	0.28	-0.07	0.58	0.54	-0.12		-0.14	0.38	0.18	0.28	-0.43	0.35	0.24	0.32
Common Stock Shares Outstanding	0.8	0.68	-0.45	0.84	0.85	0.81	0.78	-0.26	0.64	0.1	0.51	0.61	0.78	0.91	0.1	0.61	0.66	-0.14		0.63	0.79	0.73	0.69	0.69	0.81	0.75
Non Current Liabilities Total	0.93	1.0	-0.29	0.76	0.68	0.69	0.95	-0.09	0.99	-0.42	0.43	0.56	0.95	0.58	0.66	0.56	0.07	0.38	0.63		0.73	0.81	0.09	0.99	0.9	0.41
Inventory	0.86	0.75	-0.55	0.78	0.86	0.71	0.83	-0.23	0.72	-0.09	0.55	0.67	0.83	0.67	0.35	0.67	0.6	0.18	0.79	0.73		0.81	0.41	0.76	0.81	0.7
Other Current Assets	0.85	0.82	-0.47	0.73	0.76	0.81	0.85	-0.32	0.8	-0.29	0.22	0.64	0.85	0.6	0.33	0.64	0.27	0.28	0.73	0.81	0.81		0.31	0.82	0.82	0.55
Other Stockholder Equity	0.3	0.13	-0.57	0.37	0.5	0.35	0.27	-0.22	0.11	0.22	0.41	0.18	0.28	0.53	-0.31	0.18	0.55	-0.43	0.69	0.09	0.41	0.31		0.14	0.31	0.43
Total Liab	0.96	1.0	-0.31	0.83	0.73	0.73	0.97	-0.12	0.99	-0.38	0.45	0.6	0.97	0.63	0.63	0.6	0.13	0.35	0.69	0.99	0.76	0.82	0.14		0.93	0.46
Property Plant And Equipment Gross	0.98	0.93	-0.29	0.91	0.9	0.81	0.98	-0.2	0.9	-0.15	0.43	0.66	0.98	0.74	0.57	0.66	0.35	0.24	0.81	0.9	0.81	0.82	0.31	0.93		0.59
Total Current Assets	0.61	0.45	-0.14	0.64	0.75	0.65	0.55	-0.23	0.37	0.32	0.3	0.87	0.55	0.75	0.17	0.87	0.81	0.32	0.75	0.41	0.7	0.55	0.43	0.46	0.59

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Scorpio Tankers Account Relationship Matchups

Scorpio Tankers fundamental ratios Accounts

	2019	2020	2021	2022	2023	2024 (projected)
Total Assets	5.2B	5.2B	5.0B	4.6B	4.2B	3.0B
Short Long Term Debt Total	3.1B	3.0B	3.1B	1.9B	1.6B	1.6B
Other Current Liab	41.5M	(156.2M)	(207.7M)	(240.9M)	61.0M	64.1M
Total Current Liabilities	486.2M	406.2M	527.8M	473.3M	510.4M	265.8M
Total Stockholder Equity	2.0B	2.1B	1.8B	2.5B	2.6B	1.4B
Property Plant And Equipment Net	4.7B	4.8B	4.6B	3.8B	3.6B	2.6B
Net Debt	2.9B	2.9B	2.9B	1.6B	1.2B	1.4B
Retained Earnings	(399.0M)	(304.9M)	(539.4M)	97.9M	587.1M	616.5M
Accounts Payable	23.1M	12.9M	35.1M	28.7M	10.0M	15.1M
Cash	202.3M	187.5M	230.4M	376.9M	355.6M	182.9M
Non Current Assets Total	4.9B	4.9B	4.7B	3.9B	3.7B	2.7B
Other Assets	85.7M	141.7M	72.2M	113.8M	130.8M	137.4M
Long Term Debt	999.3M	971.2M	666.4M	264.1M	939.2M	807.7M
Cash And Short Term Investments	202.3M	187.5M	230.4M	376.9M	355.6M	182.9M
Net Receivables	78.2M	33.0M	38.1M	276.7M	203.5M	213.7M
Common Stock Total Equity	3.8M	5.8M	646K	656K	754.4K	716.7K
Common Stock Shares Outstanding	49.9M	56.4M	54.7M	63.5M	54.5M	57.3M
Liabilities And Stockholders Equity	5.2B	5.2B	5.0B	4.6B	4.2B	3.0B
Non Current Liabilities Total	2.7B	2.7B	2.6B	1.6B	1.2B	1.4B
Inventory	8.6M	9.3M	8.8M	15.6M	7.8M	6.3M
Other Current Assets	13.9M	24.9M	12.0M	18.2M	10.2M	8.8M
Other Stockholder Equity	(646K)	2.4B	2.4B	2.4B	2.0B	2.1B
Total Liab	3.2B	3.1B	3.2B	2.1B	1.7B	1.7B
Property Plant And Equipment Gross	4.7B	4.8B	4.6B	3.8B	4.8B	2.7B
Total Current Assets	303.0M	267.4M	285.2M	687.3M	577.1M	605.9M
Accumulated Other Comprehensive Income	2.4B	2.4B	2.4B	2.4B	2.0B	1.2B
Short Term Debt	421.7M	549.5M	700.4M	674.5M	427.7M	261.2M
Common Stock	646K	656K	659K	727K	745K	1.5M
Property Plant Equipment	4.7B	4.8B	4.6B	3.8B	4.3B	2.6B
Non Currrent Assets Other	143.4M	72.2M	113.8M	75.1M	53.6M	55.1M
Deferred Long Term Liab	2.8M	4.0M	1.4M	1.6M	1.5M	1.4M
Short Long Term Debt	235.5M	172.7M	235.3M	31.5M	221.0M	204.0M
Net Tangible Assets	2.0B	2.1B	1.8B	2.5B	2.9B	1.9B

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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:

How To Invest In Scorpio

Details

Is Scorpio Stock a good investment?

Details

What is Scorpio Tankers' Net Worth?

Details

Largest Oil & Gas Midstream Companies

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Largest Energy Companies

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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 Competition Analyzer module to analyze and compare many basic indicators for a group of related or unrelated entities.

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.

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Scorpio Retained Earnings vs Net Receivables Analysis

Retained Earnings vs Net Receivables

Retained Earnings vs Net Receivables Correlation Analysis

Correlation Coefficient

Retained Earnings

Net Receivables

Scorpio Tankers fundamental ratios Correlations

Scorpio Tankers Account Relationship Matchups

High Positive Relationship

High Negative Relationship

Scorpio Tankers fundamental ratios Accounts

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Non Current Assets Total	+ 1.0	Total Assets
Non Current Liabilities Total	+ 1.0	Short Long Term Debt Total
Total Liab	+ 1.0	Short Long Term Debt Total
Non Current Assets Total	+ 1.0	Property Plant And Equipment Net
Cash And Short Term Investments	+ 1.0	Cash
Property Plant And Equipment Net	+ 0.99	Total Assets

Other Stockholder Equity	- 0.57	Other Current Liab
Accounts Payable	- 0.57	Other Current Liab
Inventory	- 0.55	Other Current Liab
Other Current Assets	- 0.47	Other Current Liab
Common Stock Shares Outstanding	- 0.45	Other Current Liab
Other Stockholder Equity	- 0.43	Common Stock Total Equity