Tenaris Capex To Revenue vs Cost Of Revenue Analysis

TS Stock  USD 37.67  0.25  0.67%   
Tenaris SA financial indicator trend analysis is much more than just breaking down Tenaris SA ADR prevalent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Tenaris SA ADR is a good investment. Please check the relationship between Tenaris SA Capex To Revenue and its Cost Of Revenue accounts. Check out World Market Map to better understand how to build diversified portfolios, which includes a position in Tenaris SA ADR. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in state.

Capex To Revenue vs Cost Of Revenue

Capex To Revenue vs Cost Of Revenue Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Tenaris SA ADR Capex To Revenue account and Cost Of Revenue. At this time, the significance of the direction appears to have significant contrarian relationship.
The correlation between Tenaris SA's Capex To Revenue and Cost Of Revenue is -0.21. Overlapping area represents the amount of variation of Capex To Revenue that can explain the historical movement of Cost Of Revenue in the same time period over historical financial statements of Tenaris SA ADR, assuming nothing else is changed. The correlation between historical values of Tenaris SA's Capex To Revenue and Cost Of Revenue is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Capex To Revenue of Tenaris SA ADR are associated (or correlated) with its Cost Of Revenue. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Cost Of Revenue has no effect on the direction of Capex To Revenue i.e., Tenaris SA's Capex To Revenue and Cost Of Revenue go up and down completely randomly.

Correlation Coefficient

-0.21
Relationship DirectionNegative 
Relationship StrengthInsignificant

Capex To Revenue

The ratio of a company's capital expenditures to its total revenue, indicating how much of the revenue is used for acquiring or maintaining physical assets.

Cost Of Revenue

Cost of Revenue is found on Tenaris SA ADR income statement and represents the costs associated with goods and services Tenaris SA provides. Indirect cost, such as salaries, is not included. In other words, cost of revenue is the total cost incurred to obtain a sale. It is more than the traditional cost of goods sold, since it includes specific selling and marketing activities.
Most indicators from Tenaris SA's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Tenaris SA ADR 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 Tenaris SA ADR. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in state.
At this time, Tenaris SA's Discontinued Operations is comparatively stable compared to the past year. Tax Provision is likely to gain to about 1.2 B in 2024, whereas Enterprise Value Over EBITDA is likely to drop 3.52 in 2024.
 2021 2022 2023 2024 (projected)
Gross Profit1.9B4.7B6.2B6.5B
Total Revenue6.5B11.8B14.9B8.3B

Tenaris SA fundamental ratios Correlations

0.70.770.980.330.740.490.45-0.350.620.850.40.720.170.680.660.92-0.410.780.170.920.15-0.30.960.560.77
0.70.80.61-0.180.790.470.13-0.120.570.790.170.730.380.170.160.52-0.320.560.290.780.28-0.260.570.390.85
0.770.80.64-0.110.870.530.07-0.170.590.870.530.920.350.140.120.51-0.350.510.340.90.45-0.230.60.520.92
0.980.610.640.450.650.420.52-0.420.540.790.330.590.060.80.780.95-0.340.780.020.850.03-0.280.990.490.67
0.33-0.18-0.110.45-0.14-0.010.3-0.43-0.07-0.010.05-0.18-0.360.730.730.490.020.38-0.350.13-0.25-0.070.50.31-0.17
0.740.790.870.65-0.140.460.06-0.270.410.960.270.740.240.20.170.5-0.320.450.080.860.07-0.360.630.310.91
0.490.470.530.42-0.010.460.01-0.270.180.530.270.38-0.050.220.210.35-0.740.450.170.590.24-0.840.430.670.53
0.450.130.070.520.30.060.01-0.420.560.14-0.10.040.130.630.660.7-0.020.72-0.110.15-0.030.040.510.150.0
-0.35-0.12-0.17-0.42-0.43-0.27-0.27-0.42-0.06-0.290.110.130.23-0.51-0.52-0.370.05-0.40.66-0.30.520.52-0.46-0.34-0.17
0.620.570.590.54-0.070.410.180.56-0.060.450.220.670.740.210.220.64-0.30.710.480.50.460.150.460.250.51
0.850.790.870.79-0.010.960.530.14-0.290.450.270.750.170.370.340.64-0.360.540.070.920.09-0.40.770.350.94
0.40.170.530.330.050.270.27-0.10.110.220.270.57-0.030.070.050.25-0.280.190.410.490.470.010.320.530.4
0.720.730.920.59-0.180.740.380.040.130.670.750.570.530.050.020.49-0.30.410.610.830.58-0.010.530.420.85
0.170.380.350.06-0.360.24-0.050.130.230.740.17-0.030.53-0.3-0.310.12-0.140.170.580.180.340.26-0.04-0.070.29
0.680.170.140.80.730.20.220.63-0.510.210.370.070.05-0.31.00.85-0.20.67-0.360.42-0.19-0.210.840.290.15
0.660.160.120.780.730.170.210.66-0.520.220.340.050.02-0.311.00.84-0.190.7-0.370.38-0.18-0.210.820.290.12
0.920.520.510.950.490.50.350.7-0.370.640.640.250.490.120.850.84-0.360.890.070.70.1-0.180.940.460.5
-0.41-0.32-0.35-0.340.02-0.32-0.74-0.020.05-0.3-0.36-0.28-0.3-0.14-0.2-0.19-0.36-0.49-0.32-0.41-0.20.62-0.33-0.54-0.37
0.780.560.510.780.380.450.450.72-0.40.710.540.190.410.170.670.70.89-0.490.110.580.21-0.260.760.560.45
0.170.290.340.02-0.350.080.17-0.110.660.480.070.410.610.58-0.36-0.370.07-0.320.110.240.680.2-0.040.330.27
0.920.780.90.850.130.860.590.15-0.30.50.920.490.830.180.420.380.7-0.410.580.240.18-0.40.830.610.92
0.150.280.450.03-0.250.070.24-0.030.520.460.090.470.580.34-0.19-0.180.1-0.20.210.680.180.3-0.030.220.23
-0.3-0.26-0.23-0.28-0.07-0.36-0.840.040.520.15-0.40.01-0.010.26-0.21-0.21-0.180.62-0.260.2-0.40.3-0.33-0.54-0.35
0.960.570.60.990.50.630.430.51-0.460.460.770.320.53-0.040.840.820.94-0.330.76-0.040.83-0.03-0.330.510.63
0.560.390.520.490.310.310.670.15-0.340.250.350.530.42-0.070.290.290.46-0.540.560.330.610.22-0.540.510.41
0.770.850.920.67-0.170.910.530.0-0.170.510.940.40.850.290.150.120.5-0.370.450.270.920.23-0.350.630.41
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Tenaris SA Account Relationship Matchups

Tenaris SA fundamental ratios Accounts

201920202021202220232024 (projected)
Total Assets14.8B13.7B14.4B17.6B21.1B13.8B
Other Current Liab322.7M521.5M326.6M849.1M613.2M588.5M
Total Current Liabilities1.8B1.2B1.6B2.8B2.9B2.3B
Total Stockholder Equity12.0B11.3B12.0B13.9B16.8B9.6B
Other Liab643.0M573.7M590.0M597.3M686.9M480.3M
Accounts Payable555.9M462.1M845.3M1.2B1.1B779.6M
Cash1.6B584.7M318.1M1.1B1.6B1.7B
Other Assets382.8M359.9M458.5M208.9M240.2M327.3M
Long Term Debt40.9M315.7M111.4M46.4M48.3M45.9M
Good Will1.3B1.1B1.1B1.1B1.1B1.3B
Inventory2.3B1.6B2.7B4.0B4.0B2.4B
Other Current Assets75.9M26.5M21.9M72.7M214.9M116.3M
Total Liab2.7B2.3B2.3B3.5B4.1B2.8B
Intangible Assets241.3M343.1M287.5M247.5M273.4M259.7M
Property Plant Equipment6.3B6.4B5.9B5.7B6.5B4.5B
Property Plant And Equipment Net6.3B6.4B5.9B5.7B6.2B4.8B
Non Current Assets Total9.2B9.4B9.5B9.1B10.6B8.2B
Non Currrent Assets Other157.1M154.3M213.0M211.7M80.5M76.5M
Liabilities And Stockholders Equity14.8B13.7B14.4B17.6B21.1B14.2B
Non Current Liabilities Total876.2M1.1B784.1M727.4M1.1B1.2B
Total Current Assets5.7B4.3B5.0B8.5B10.5B6.0B
Short Long Term Debt Total1.1B876.4M448.2M840.9M717.9M1.1B
Net Debt(502.0M)291.7M130.1M(250.6M)(920.0M)(874.0M)
Retained Earnings11.4B10.7B11.4B13.5B16.7B9.1B
Cash And Short Term Investments1.8B1.5B716.0M1.5B3.6B3.8B
Net Receivables1.6B1.1B1.5B2.8B2.8B1.9B
Property Plant And Equipment Gross6.3B6.4B14.7B14.6B15.6B16.4B
Accumulated Other Comprehensive Income(1.2B)(1.2B)(1.3B)(1.3B)(1.5B)(1.4B)
Short Term Debt819.1M43.6M151.9M140.7M573.0M581.4M
Short Term Investments210.4M872.5M397.8M438.4M2.0B2.1B
Current Deferred Revenue82.7M48.7M92.4M242.9M263.7M276.8M
Net Tangible Assets10.4B9.8B10.6B12.6B14.5B11.2B
Long Term Investments904.9M1.2B1.7B1.7B2.0B1.2B
Short Long Term Debt14K98K60K94K21.2M20.2M
Long Term Debt Total233.2M529.6M194.1M130.0M149.6M193.3M

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