Worley Operating Income vs Depreciation And Amortization Analysis

WOR Stock

13.87 0.12 0.87%

Worley financial indicator trend analysis is more than just analyzing Worley current accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Worley is a good investment. Please check the relationship between Worley Operating Income and its Depreciation And Amortization accounts. Check out Your Current Watchlist to better understand how to build diversified portfolios, which includes a position in Worley. 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.

Operating Income vs Depreciation And Amortization

Operating Income vs Depreciation And Amortization Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Worley Operating Income account and Depreciation And Amortization. At this time, the significance of the direction appears to have strong relationship.

The correlation between Worley's Operating Income and Depreciation And Amortization is 0.62. Overlapping area represents the amount of variation of Operating Income that can explain the historical movement of Depreciation And Amortization in the same time period over historical financial statements of Worley, assuming nothing else is changed. The correlation between historical values of Worley's Operating Income and Depreciation And Amortization is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Operating Income of Worley are associated (or correlated) with its Depreciation And Amortization. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Depreciation And Amortization has no effect on the direction of Operating Income i.e., Worley's Operating Income and Depreciation And Amortization go up and down completely randomly.

Correlation Coefficient

0.62

Relationship Direction	Positive
Relationship Strength	Significant

View All Relationships

Operating Income

Operating Income is the amount of profit realized from Worley operations after accounting for operating expenses such as cost of goods sold (COGS), wages and depreciation. Operating income takes the gross income and subtracts other operating expenses and then removes depreciation. Operating Income of Worley is typically a synonym for earnings before interest and taxes (EBIT) and is also commonly referred to as operating profit or recurring profit. Earnings before interest and taxes (EBIT), representing the amount of profit a company generates from its operations.

Depreciation And Amortization

The systematic reduction in the recorded value of an intangible asset. This includes the allocation of the cost of tangible assets to periods in which the assets are used, representing the expense related to the wear and tear, deterioration, or obsolescence of physical assets and intangible assets over their useful lives.

Most indicators from Worley's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Worley 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 Worley. 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.

Selling General Administrative is likely to gain to about 211.9 M in 2024. Tax Provision is likely to gain to about 196.3 M in 2024

	2021	2022	2023	2024 (projected)
Gross Profit	619M	722M	902M	721.4M
Total Revenue	9.7B	11.3B	11.8B	6.3B

Gross Profit Total Revenue

Worley fundamental ratios Correlations

	Total Assets	Other Current Liab	Total Current Liabilities	Total Stockholder Equity	Other Liab	Retained Earnings	Cash	Other Assets	Long Term Debt	Net Receivables	Common Stock Shares Outstanding	Total Liab	Intangible Assets	Common Stock	Property Plant Equipment	Accounts Payable	Good Will	Inventory	Other Current Assets	Short Long Term Debt Total	Property Plant And Equipment Net	Current Deferred Revenue	Net Debt	Non Current Assets Total	Non Currrent Assets Other	Cash And Short Term Investments
Total Assets		0.56	0.85	0.99	0.93	0.01	0.94	0.71	0.85	0.78	0.89	0.88	0.64	0.97	0.93	0.5	0.99	0.27	-0.1	0.91	0.94	0.85	0.9	0.98	-0.57	0.86
Other Current Liab	0.56		0.53	0.51	0.42	0.16	0.73	0.11	0.4	0.64	0.46	0.5	0.34	0.48	0.6	-0.23	0.51	-0.13	-0.25	0.44	0.58	0.25	0.38	0.51	-0.32	0.63
Total Current Liabilities	0.85	0.53		0.82	0.76	0.29	0.81	0.86	0.89	0.92	0.84	0.98	0.63	0.76	0.71	0.53	0.8	0.38	0.11	0.94	0.74	0.66	0.92	0.8	-0.58	0.95
Total Stockholder Equity	0.99	0.51	0.82		0.92	-0.06	0.9	0.68	0.83	0.73	0.91	0.86	0.68	0.99	0.95	0.48	1.0	0.24	-0.19	0.9	0.96	0.89	0.89	1.0	-0.6	0.83
Other Liab	0.93	0.42	0.76	0.92		-0.16	0.84	0.71	0.76	0.63	0.81	0.8	0.56	0.92	0.89	0.52	0.93	0.48	0.02	0.85	0.89	0.87	0.86	0.93	-0.49	0.74
Retained Earnings	0.01	0.16	0.29	-0.06	-0.16		0.13	0.35	0.07	0.35	-0.16	0.18	-0.17	-0.18	-0.24	0.31	-0.11	0.21	0.48	0.05	-0.22	-0.19	0.01	-0.12	0.16	0.18
Cash	0.94	0.73	0.81	0.9	0.84	0.13		0.61	0.78	0.76	0.79	0.82	0.51	0.88	0.86	0.36	0.9	0.17	-0.05	0.82	0.85	0.72	0.78	0.89	-0.45	0.88
Other Assets	0.71	0.11	0.86	0.68	0.71	0.35	0.61		0.78	0.68	0.67	0.85	0.49	0.62	0.51	0.77	0.67	0.66	0.37	0.84	0.54	0.64	0.85	0.66	-0.45	0.74
Long Term Debt	0.85	0.4	0.89	0.83	0.76	0.07	0.78	0.78		0.85	0.86	0.96	0.6	0.8	0.69	0.61	0.83	0.25	0.09	0.95	0.71	0.66	0.94	0.81	-0.55	0.9
Net Receivables	0.78	0.64	0.92	0.73	0.63	0.35	0.76	0.68	0.85		0.74	0.91	0.48	0.66	0.63	0.43	0.71	0.21	0.01	0.83	0.65	0.52	0.79	0.7	-0.43	0.88
Common Stock Shares Outstanding	0.89	0.46	0.84	0.91	0.81	-0.16	0.79	0.67	0.86	0.74		0.89	0.82	0.91	0.89	0.31	0.91	0.22	-0.31	0.94	0.91	0.84	0.93	0.92	-0.77	0.87
Total Liab	0.88	0.5	0.98	0.86	0.8	0.18	0.82	0.85	0.96	0.91	0.89		0.65	0.81	0.74	0.56	0.84	0.35	0.07	0.98	0.77	0.69	0.96	0.84	-0.61	0.95
Intangible Assets	0.64	0.34	0.63	0.68	0.56	-0.17	0.51	0.49	0.6	0.48	0.82	0.65		0.68	0.68	0.06	0.68	0.22	-0.4	0.74	0.74	0.64	0.76	0.71	-0.99	0.63
Common Stock	0.97	0.48	0.76	0.99	0.92	-0.18	0.88	0.62	0.8	0.66	0.91	0.81	0.68		0.97	0.42	1.0	0.21	-0.25	0.87	0.97	0.9	0.87	1.0	-0.61	0.79
Property Plant Equipment	0.93	0.6	0.71	0.95	0.89	-0.24	0.86	0.51	0.69	0.63	0.89	0.74	0.68	0.97		0.22	0.95	0.19	-0.37	0.8	1.0	0.87	0.8	0.97	-0.61	0.74
Accounts Payable	0.5	-0.23	0.53	0.48	0.52	0.31	0.36	0.77	0.61	0.43	0.31	0.56	0.06	0.42	0.22		0.46	0.44	0.58	0.53	0.24	0.42	0.55	0.42	0.0	0.39
Good Will	0.99	0.51	0.8	1.0	0.93	-0.11	0.9	0.67	0.83	0.71	0.91	0.84	0.68	1.0	0.95	0.46		0.25	-0.18	0.9	0.96	0.89	0.89	1.0	-0.6	0.82
Inventory	0.27	-0.13	0.38	0.24	0.48	0.21	0.17	0.66	0.25	0.21	0.22	0.35	0.22	0.21	0.19	0.44	0.25		0.39	0.39	0.22	0.36	0.43	0.25	-0.21	0.21
Other Current Assets	-0.1	-0.25	0.11	-0.19	0.02	0.48	-0.05	0.37	0.09	0.01	-0.31	0.07	-0.4	-0.25	-0.37	0.58	-0.18	0.39		0.0	-0.37	-0.25	0.01	-0.23	0.38	-0.02
Short Long Term Debt Total	0.91	0.44	0.94	0.9	0.85	0.05	0.82	0.84	0.95	0.83	0.94	0.98	0.74	0.87	0.8	0.53	0.9	0.39	0.0		0.83	0.77	1.0	0.89	-0.7	0.92
Property Plant And Equipment Net	0.94	0.58	0.74	0.96	0.89	-0.22	0.85	0.54	0.71	0.65	0.91	0.77	0.74	0.97	1.0	0.24	0.96	0.22	-0.37	0.83		0.88	0.83	0.97	-0.67	0.76
Current Deferred Revenue	0.85	0.25	0.66	0.89	0.87	-0.19	0.72	0.64	0.66	0.52	0.84	0.69	0.64	0.9	0.87	0.42	0.89	0.36	-0.25	0.77	0.88		0.78	0.9	-0.57	0.64
Net Debt	0.9	0.38	0.92	0.89	0.86	0.01	0.78	0.85	0.94	0.79	0.93	0.96	0.76	0.87	0.8	0.55	0.89	0.43	0.01	1.0	0.83	0.78		0.89	-0.71	0.88
Non Current Assets Total	0.98	0.51	0.8	1.0	0.93	-0.12	0.89	0.66	0.81	0.7	0.92	0.84	0.71	1.0	0.97	0.42	1.0	0.25	-0.23	0.89	0.97	0.9	0.89		-0.64	0.81
Non Currrent Assets Other	-0.57	-0.32	-0.58	-0.6	-0.49	0.16	-0.45	-0.45	-0.55	-0.43	-0.77	-0.61	-0.99	-0.61	-0.61	0.0	-0.6	-0.21	0.38	-0.7	-0.67	-0.57	-0.71	-0.64		-0.58
Cash And Short Term Investments	0.86	0.63	0.95	0.83	0.74	0.18	0.88	0.74	0.9	0.88	0.87	0.95	0.63	0.79	0.74	0.39	0.82	0.21	-0.02	0.92	0.76	0.64	0.88	0.81	-0.58

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Worley Account Relationship Matchups

Worley fundamental ratios Accounts

	2019	2020	2021	2022	2023	2024 (projected)
Total Assets	11.1B	10.2B	10.4B	10.5B	10.5B	11.0B
Other Current Liab	1.4B	1.2B	1.2B	1.3B	1.5B	1.6B
Total Current Liabilities	3.1B	2.5B	2.8B	2.4B	2.7B	1.5B
Total Stockholder Equity	5.9B	5.5B	5.7B	5.6B	5.5B	5.8B
Other Liab	425M	292M	315M	334M	384.1M	403.3M
Retained Earnings	922M	730M	640M	415M	455M	618.9M
Cash	490M	526M	519M	436M	554M	581.7M
Other Assets	558M	442M	388M	337M	387.6M	229.4M
Long Term Debt	1.4B	1.6B	1.7B	2.0B	1.8B	893.0M
Net Receivables	2.6B	1.9B	2.1B	2.5B	2.6B	1.4B
Common Stock Shares Outstanding	523.6M	526.4M	527.1M	529.6M	532.2M	328.7M
Total Liab	5.1B	4.6B	4.7B	4.9B	5.0B	2.6B
Intangible Assets	6.4B	6.1B	6.2B	6.1B	527M	500.7M
Common Stock	5.3B	5.3B	5.3B	5.4B	5.4B	5.6B
Property Plant Equipment	783M	618M	617M	633M	728.0M	764.3M
Accounts Payable	683M	639M	627M	684M	647M	616.8M
Good Will	5.4B	5.2B	5.4B	5.4B	5.3B	5.6B
Inventory	223M	26M	35M	47M	46M	49.8M
Other Current Assets	159M	104M	102M	164M	171M	199.1M
Short Long Term Debt Total	2.3B	2.1B	2.2B	2.2B	2.1B	1.2B
Property Plant And Equipment Net	783M	618M	617M	633M	640M	672M
Current Deferred Revenue	419M	322M	369M	275M	332M	348.6M
Net Debt	1.8B	1.5B	1.7B	1.8B	1.5B	893.3M
Non Current Assets Total	7.9B	7.3B	7.3B	7.4B	7.1B	7.5B
Non Currrent Assets Other	(5.4B)	(5.2B)	(5.3B)	(5.4B)	99M	104.0M
Cash And Short Term Investments	490M	526M	519M	436M	554M	304.1M
Liabilities And Stockholders Equity	11.1B	10.2B	10.4B	10.5B	10.5B	5.8B
Non Current Liabilities Total	2.0B	2.1B	1.9B	2.5B	2.2B	1.2B
Property Plant And Equipment Gross	783M	1.6B	617M	1.8B	1.9B	2.0B
Total Current Assets	3.2B	2.9B	3.0B	3.1B	3.3B	2.2B
Accumulated Other Comprehensive Income	(342M)	(505M)	(302M)	(159M)	(316M)	(300.2M)
Short Term Debt	626M	246M	564M	90M	132M	139.3M
Other Stockholder Equity	(6.2B)	(6.1B)	(6.0B)	(5.8B)	(316M)	(331.8M)
Net Tangible Assets	(521M)	(493M)	(476M)	(461M)	(414.9M)	(435.6M)
Long Term Investments	173.1M	198M	172M	189M	217.4M	147.8M
Short Long Term Debt	473M	134M	474M	0.0	38M	36.1M
Long Term Debt Total	1.7B	1.8B	1.6B	2.2B	2.5B	1.6B
Capital Lease Obligations	435M	311M	267M	261M	259M	187.7M

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