Weatherford Total Revenue vs Non Recurring Analysis
WFRD Stock | USD 85.83 0.51 0.60% |
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 Revenue and its Non Recurring 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 Revenue vs Non Recurring
Total Revenue vs Non Recurring Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Weatherford International Total Revenue account and Non Recurring. At this time, the significance of the direction appears to have significant contrarian relationship.
The correlation between Weatherford International's Total Revenue and Non Recurring is -0.28. Overlapping area represents the amount of variation of Total Revenue that can explain the historical movement of Non Recurring 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 Revenue and Non Recurring 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 Revenue of Weatherford International PLC are associated (or correlated) with its Non Recurring. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Non Recurring has no effect on the direction of Total Revenue i.e., Weatherford International's Total Revenue and Non Recurring go up and down completely randomly.
Correlation Coefficient | -0.28 |
Relationship Direction | Negative |
Relationship Strength | Insignificant |
Total Revenue
Total revenue comprises all receipts Weatherford International generated from the sale of its products or services. The total amount of income generated by the sale of goods or services related to the company's primary operations.Non Recurring
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 Revenue | 3.6B | 4.3B | 5.1B | 4.9B | Depreciation And Amortization | 440M | 349M | 327M | 468.0M |
Weatherford International fundamental ratios Correlations
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Weatherford International Account Relationship Matchups
High Positive Relationship
High Negative Relationship
Weatherford International fundamental ratios Accounts
2019 | 2020 | 2021 | 2022 | 2023 | 2024 (projected) | ||
Total Assets | 7.3B | 5.4B | 4.8B | 4.7B | 5.1B | 7.8B | |
Other Current Liab | 790M | 768M | 741M | 780M | 835M | 619.5M | |
Total Current Liabilities | 1.7B | 1.4B | 1.3B | 1.5B | 1.9B | 1.6B | |
Total Stockholder Equity | 2.9B | 937M | 496M | 551M | 924M | 877.8M | |
Property Plant And Equipment Net | 2.1B | 1.2B | 996M | 918M | 1.1B | 1.0B | |
Net Debt | 1.5B | 1.7B | 1.7B | 1.5B | 1.1B | 1.0B | |
Retained Earnings | (26M) | (1.9B) | (2.4B) | (2.4B) | (2.0B) | (1.9B) | |
Cash | 618M | 1.1B | 951M | 910M | 958M | 1.0B | |
Non Current Assets Total | 3.8B | 2.3B | 1.9B | 1.7B | 1.7B | 1.6B | |
Non Currrent Assets Other | 365M | 211M | 210M | 253M | 258M | 208.7M | |
Cash And Short Term Investments | 618M | 1.1B | 951M | 910M | 958M | 1.0B | |
Net Receivables | 1.2B | 826M | 825M | 989M | 1.2B | 1.1B | |
Common Stock Shares Outstanding | 68.7M | 69.1M | 70M | 72M | 74M | 77.7M | |
Liabilities And Stockholders Equity | 7.3B | 5.4B | 4.8B | 4.7B | 5.1B | 7.7B | |
Non Current Liabilities Total | 2.7B | 3.1B | 2.9B | 2.7B | 2.3B | 3.2B | |
Other Current Assets | 622M | 516M | 465M | 455M | 383M | 475.2M | |
Total Liab | 4.4B | 4.5B | 4.3B | 4.2B | 4.1B | 4.7B | |
Total Current Assets | 3.5B | 3.2B | 2.9B | 3.0B | 3.3B | 3.0B | |
Short Long Term Debt Total | 2.2B | 2.9B | 2.6B | 2.4B | 2.1B | 3.3B | |
Inventory | 972M | 717M | 670M | 689M | 788M | 1.2B | |
Short Term Debt | 92M | 84M | 71M | 89M | 214M | 203.3M | |
Intangible Assets | 1.1B | 810M | 657M | 506M | 370M | 723.7M | |
Accounts Payable | 585M | 325M | 380M | 460M | 679M | 621.9M | |
Accumulated Other Comprehensive Income | 9M | (43M) | (35M) | (22M) | (28M) | (29.4M) | |
Current Deferred Revenue | 475M | 482M | 483M | 525M | 603.8M | 633.9M | |
Other Liab | 341M | 357M | 402M | 379M | 341.1M | 318.4M | |
Net Tangible Assets | 1.5B | 97M | (185M) | 29M | 33.4M | 35.0M | |
Other Assets | 109M | 73M | 97M | 138M | 124.2M | 103.6M | |
Long Term Debt | 2.2B | 2.6B | 2.4B | 2.2B | 1.7B | 3.0B | |
Net Invested Capital | 5.0B | 3.5B | 2.8B | 2.7B | 2.8B | 3.2B | |
Property Plant And Equipment Gross | 2.1B | 1.4B | 1.7B | 1.8B | 2.0B | 1.6B | |
Short Long Term Debt | 383M | 13M | 4M | 31M | 151M | 97.3M | |
Non Current Liabilities Other | 554M | 357M | 530M | 496M | 152M | 144.4M | |
Net Working Capital | 1.8B | 1.8B | 1.6B | 1.6B | 1.5B | 1.7B | |
Property Plant Equipment | 2.4B | 1.4B | 996M | 918M | 826.2M | 1.4B |
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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 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 Balance Of Power module to check stock momentum by analyzing Balance Of Power indicator and other technical ratios.
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.