Weatherford Total Operating Expenses vs Non Operating Income Net Other Analysis

WFRD Stock  USD 82.54  0.55  0.67%   
Weatherford International financial indicator trend analysis is more than just analyzing Weatherford International current accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Weatherford International is a good investment. Please check the relationship between Weatherford International Total Operating Expenses and its Non Operating Income Net Other accounts. Check out Your Current Watchlist to better understand how to build diversified portfolios, which includes a position in Weatherford International PLC. 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 Operating Expenses vs Non Operating Income Net Other

Total Operating Expenses vs Non Operating Income Net Other Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Weatherford International Total Operating Expenses account and Non Operating Income Net Other. At this time, the significance of the direction appears to have weak contrarian relationship.
The correlation between Weatherford International's Total Operating Expenses and Non Operating Income Net Other is -0.05. Overlapping area represents the amount of variation of Total Operating Expenses that can explain the historical movement of Non Operating Income Net Other in the same time period over historical financial statements of Weatherford International PLC, assuming nothing else is changed. The correlation between historical values of Weatherford International's Total Operating Expenses and Non Operating Income Net Other 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 Operating Expenses of Weatherford International PLC are associated (or correlated) with its Non Operating Income Net Other. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Non Operating Income Net Other has no effect on the direction of Total Operating Expenses i.e., Weatherford International's Total Operating Expenses and Non Operating Income Net Other go up and down completely randomly.

Correlation Coefficient

-0.05
Relationship DirectionNegative 
Relationship StrengthInsignificant

Total Operating Expenses

The total costs associated with the day-to-day operations of a business, excluding the cost of goods sold but including selling, general, and administrative expenses.

Non Operating Income Net Other

Most indicators from Weatherford International's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Weatherford International 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 Your Current Watchlist to better understand how to build diversified portfolios, which includes a position in Weatherford International PLC. 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.
The current year's Enterprise Value is expected to grow to about 4.7 B, whereas Selling General Administrative is forecasted to decline to about 455.1 M.
 2021 2022 2023 2024 (projected)
Total Revenue3.6B4.3B5.1B4.9B
Depreciation And Amortization440M349M327M468.0M

Weatherford International fundamental ratios Correlations

0.890.960.90.990.820.68-0.380.990.03-0.380.97-0.080.770.90.480.920.980.811.00.880.260.960.75-0.070.63
0.890.910.70.90.830.42-0.180.880.07-0.180.890.160.810.920.620.930.930.840.90.820.240.910.63-0.110.46
0.960.910.90.950.720.73-0.350.930.01-0.350.96-0.080.650.850.360.860.970.710.960.930.310.930.760.070.53
0.90.70.90.880.510.92-0.440.890.0-0.440.9-0.240.430.710.090.670.890.480.890.810.410.840.790.090.57
0.990.90.950.880.850.66-0.460.99-0.04-0.460.95-0.170.780.910.50.930.970.830.990.890.170.950.74-0.120.7
0.820.830.720.510.850.19-0.380.850.02-0.380.74-0.050.970.870.830.960.780.990.820.73-0.130.810.52-0.370.67
0.680.420.730.920.660.19-0.470.66-0.11-0.470.7-0.410.070.44-0.270.350.670.140.670.650.420.610.680.20.47
-0.38-0.18-0.35-0.44-0.46-0.38-0.47-0.450.221.0-0.390.8-0.2-0.30.06-0.28-0.29-0.26-0.4-0.520.23-0.4-0.520.41-0.65
0.990.880.930.890.990.850.66-0.450.02-0.450.94-0.160.790.890.510.920.960.830.980.880.180.940.76-0.140.71
0.030.070.010.0-0.040.02-0.110.220.020.220.080.490.08-0.060.080.060.040.05-0.010.060.480.00.250.39-0.44
-0.38-0.18-0.35-0.44-0.46-0.38-0.471.0-0.450.22-0.390.8-0.2-0.30.06-0.28-0.29-0.26-0.4-0.520.23-0.4-0.520.41-0.65
0.970.890.960.90.950.740.7-0.390.940.08-0.39-0.050.70.870.380.870.980.730.970.860.330.980.81-0.060.51
-0.080.16-0.08-0.24-0.17-0.05-0.410.8-0.160.490.8-0.050.110.090.340.050.010.07-0.1-0.220.44-0.04-0.30.24-0.64
0.770.810.650.430.780.970.07-0.20.790.08-0.20.70.110.840.90.950.740.990.770.62-0.10.770.43-0.320.54
0.90.920.850.710.910.870.44-0.30.89-0.06-0.30.870.090.840.670.920.910.870.910.770.190.910.52-0.310.54
0.480.620.360.090.50.83-0.270.060.510.080.060.380.340.90.670.760.470.870.480.33-0.220.480.03-0.330.35
0.920.930.860.670.930.960.35-0.280.920.06-0.280.870.050.950.920.760.910.970.920.80.060.910.6-0.190.59
0.980.930.970.890.970.780.67-0.290.960.04-0.290.980.010.740.910.470.910.770.980.850.320.970.73-0.020.53
0.810.840.710.480.830.990.14-0.260.830.05-0.260.730.070.990.870.870.970.770.810.71-0.090.80.48-0.320.6
1.00.90.960.890.990.820.67-0.40.98-0.01-0.40.97-0.10.770.910.480.920.980.810.890.230.970.74-0.080.62
0.880.820.930.810.890.730.65-0.520.880.06-0.520.86-0.220.620.770.330.80.850.710.890.160.840.770.030.58
0.260.240.310.410.17-0.130.420.230.180.480.230.330.44-0.10.19-0.220.060.32-0.090.230.160.220.280.4-0.39
0.960.910.930.840.950.810.61-0.40.940.0-0.40.98-0.040.770.910.480.910.970.80.970.840.220.75-0.180.56
0.750.630.760.790.740.520.68-0.520.760.25-0.520.81-0.30.430.520.030.60.730.480.740.770.280.75-0.040.49
-0.07-0.110.070.09-0.12-0.370.20.41-0.140.390.41-0.060.24-0.32-0.31-0.33-0.19-0.02-0.32-0.080.030.4-0.18-0.04-0.45
0.630.460.530.570.70.670.47-0.650.71-0.44-0.650.51-0.640.540.540.350.590.530.60.620.58-0.390.560.49-0.45
Click cells to compare fundamentals

Weatherford International Account Relationship Matchups

Weatherford International fundamental ratios Accounts

201920202021202220232024 (projected)
Total Assets7.3B5.4B4.8B4.7B5.1B7.8B
Other Current Liab790M768M741M780M835M619.5M
Total Current Liabilities1.7B1.4B1.3B1.5B1.9B1.6B
Total Stockholder Equity2.9B937M496M551M924M877.8M
Property Plant And Equipment Net2.1B1.2B996M918M1.1B1.0B
Net Debt1.5B1.7B1.7B1.5B1.1B1.0B
Retained Earnings(26M)(1.9B)(2.4B)(2.4B)(2.0B)(1.9B)
Cash618M1.1B951M910M958M1.0B
Non Current Assets Total3.8B2.3B1.9B1.7B1.7B1.6B
Non Currrent Assets Other365M211M210M253M258M208.7M
Cash And Short Term Investments618M1.1B951M910M958M1.0B
Net Receivables1.2B826M825M989M1.2B1.1B
Common Stock Shares Outstanding68.7M69.1M70M72M74M77.7M
Liabilities And Stockholders Equity7.3B5.4B4.8B4.7B5.1B7.7B
Non Current Liabilities Total2.7B3.1B2.9B2.7B2.3B3.2B
Other Current Assets622M516M465M455M383M475.2M
Total Liab4.4B4.5B4.3B4.2B4.1B4.7B
Total Current Assets3.5B3.2B2.9B3.0B3.3B3.0B
Short Long Term Debt Total2.2B2.9B2.6B2.4B2.1B3.3B
Inventory972M717M670M689M788M1.2B
Short Term Debt92M84M71M89M214M203.3M
Intangible Assets1.1B810M657M506M370M723.7M
Accounts Payable585M325M380M460M679M621.9M
Accumulated Other Comprehensive Income9M(43M)(35M)(22M)(28M)(29.4M)
Current Deferred Revenue475M482M483M525M603.8M633.9M
Other Liab341M357M402M379M341.1M318.4M
Net Tangible Assets1.5B97M(185M)29M33.4M35.0M
Other Assets109M73M97M138M124.2M103.6M
Long Term Debt2.2B2.6B2.4B2.2B1.7B3.0B
Net Invested Capital5.0B3.5B2.8B2.7B2.8B3.2B
Property Plant And Equipment Gross2.1B1.4B1.7B1.8B2.0B1.6B
Short Long Term Debt383M13M4M31M151M97.3M
Non Current Liabilities Other554M357M530M496M152M144.4M
Net Working Capital1.8B1.8B1.6B1.6B1.5B1.7B
Property Plant Equipment2.4B1.4B996M918M826.2M1.4B

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When determining whether Weatherford International is a strong investment it is important to analyze Weatherford International's 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 Weatherford International's future performance. For an informed investment choice regarding Weatherford Stock, refer to the following important reports:
Check out Your Current Watchlist to better understand how to build diversified portfolios, which includes a position in Weatherford International PLC. 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.
You can also try the Portfolio Volatility module to check portfolio volatility and analyze historical return density to properly model market risk.
Is Oil & Gas 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 Weatherford International. If investors know Weatherford 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 Weatherford International 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
0.242
Dividend Share
0.25
Earnings Share
7.15
Revenue Per Share
75.912
Quarterly Revenue Growth
0.073
The market value of Weatherford International is measured differently than its book value, which is the value of Weatherford that is recorded on the company's balance sheet. Investors also form their own opinion of Weatherford International's value that differs from its market value or its book value, called intrinsic value, which is Weatherford International'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 Weatherford International's market value can be influenced by many factors that don't directly affect Weatherford International'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 Weatherford International's value and its price as these two are different measures arrived at by different means. Investors typically determine if Weatherford International is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Weatherford International'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.