WTI Free Cash Flow Yield vs Inventory Turnover Analysis
WTI Stock | USD 1.91 0.07 3.54% |
WT Offshore financial indicator trend analysis is more than just analyzing WT Offshore current accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether WT Offshore is a good investment. Please check the relationship between WT Offshore Free Cash Flow Yield and its Inventory Turnover accounts. Check out Your Current Watchlist to better understand how to build diversified portfolios, which includes a position in WT Offshore. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in estimate. For more detail on how to invest in WTI Stock please use our How to Invest in WT Offshore guide.
Free Cash Flow Yield vs Inventory Turnover
Free Cash Flow Yield vs Inventory Turnover Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of WT Offshore Free Cash Flow Yield account and Inventory Turnover. At this time, the significance of the direction appears to have significant contrarian relationship.
The correlation between WT Offshore's Free Cash Flow Yield and Inventory Turnover is -0.29. Overlapping area represents the amount of variation of Free Cash Flow Yield that can explain the historical movement of Inventory Turnover in the same time period over historical financial statements of WT Offshore, assuming nothing else is changed. The correlation between historical values of WT Offshore's Free Cash Flow Yield and Inventory Turnover is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Free Cash Flow Yield of WT Offshore are associated (or correlated) with its Inventory Turnover. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Inventory Turnover has no effect on the direction of Free Cash Flow Yield i.e., WT Offshore's Free Cash Flow Yield and Inventory Turnover go up and down completely randomly.
Correlation Coefficient | -0.29 |
Relationship Direction | Negative |
Relationship Strength | Insignificant |
Free Cash Flow Yield
A financial solvency ratio that compares the free cash flow per share a company is expected to earn against its market value per share, calculated as free cash flow per share divided by market price per share.Inventory Turnover
A ratio showing how many times a company's inventory is sold and replaced over a period, indicating the efficiency of inventory management.Most indicators from WT Offshore's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into WT Offshore 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 WT Offshore. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in estimate. For more detail on how to invest in WTI Stock please use our How to Invest in WT Offshore guide.As of now, WT Offshore's Tax Provision is increasing as compared to previous years. The WT Offshore's current Sales General And Administrative To Revenue is estimated to increase to 0.66, while Selling General Administrative is projected to decrease to under 71.8 M.
2021 | 2022 | 2023 | 2024 (projected) | Gross Profit | 416.6M | 527.8M | 248.7M | 349.5M | Total Revenue | 558.0M | 921.0M | 532.7M | 690.9M |
WT Offshore fundamental ratios Correlations
Click cells to compare fundamentals
WT Offshore Account Relationship Matchups
High Positive Relationship
High Negative Relationship
WT Offshore fundamental ratios Accounts
2019 | 2020 | 2021 | 2022 | 2023 | 2024 (projected) | ||
Total Assets | 1.0B | 940.6M | 1.2B | 1.4B | 1.1B | 1.5B | |
Total Stockholder Equity | (249.4M) | (208.3M) | (247.2M) | 7.6M | 31.2M | 29.6M | |
Other Assets | 102.6M | 833.4M | 156.6M | 126.3M | 145.3M | 118.9M | |
Common Stock Shares Outstanding | 140.6M | 141.6M | 142.3M | 145.1M | 148.3M | 102.0M | |
Liabilities And Stockholders Equity | 1.0B | 940.6M | 1.2B | 1.4B | 1.1B | 1.5B | |
Other Stockholder Equity | 522.9M | 526.2M | 528.8M | 552.4M | 561.8M | 533.8M | |
Total Liab | 1.3B | 1.1B | 1.4B | 1.4B | 1.1B | 1.3B | |
Short Long Term Debt Total | 722.2M | 625.7M | 730.9M | 693.4M | 402.9M | 740.2M | |
Other Current Liab | 55.5M | 54.1M | 176.5M | 142.9M | 107.1M | 101.5M | |
Total Current Liabilities | 190.0M | 115M | 324.4M | 792.3M | 216.9M | 297.4M | |
Property Plant And Equipment Net | 748.8M | 686.9M | 665.3M | 735.2M | 759.6M | 910.4M | |
Net Debt | 687.1M | 581.6M | 485.1M | 232.1M | 229.5M | 218.0M | |
Retained Earnings | (772.2M) | (734.5M) | (775.9M) | (544.8M) | (530.7M) | (504.1M) | |
Accounts Payable | 102.3M | 41.3M | 67.4M | 65.2M | 78.9M | 89.1M | |
Cash | 32.4M | 43.7M | 245.8M | 461.4M | 173.3M | 117.7M | |
Non Current Assets Total | 862.0M | 833.4M | 834.9M | 861.5M | 849.0M | 962.2M | |
Non Currrent Assets Other | 49.3M | 52.1M | 67.2M | 57.3M | 36.8M | 26.4M | |
Long Term Debt | 719.5M | 625.3M | 687.9M | 111.2M | 361.2M | 677.2M | |
Cash And Short Term Investments | 32.4M | 43.7M | 245.8M | 461.4M | 173.3M | 117.7M | |
Net Receivables | 78.6M | 49.7M | 64.7M | 80.1M | 69.8M | 88.2M | |
Non Current Liabilities Total | 1.1B | 1.0B | 1.1B | 631.8M | 866.0M | 1.1B | |
Other Current Assets | 30.7M | 13.8M | 47.8M | 28.8M | 33.6M | 30.5M | |
Property Plant And Equipment Gross | 756.7M | 698.4M | 665.3M | 735.2M | 9.0B | 9.4B | |
Total Current Assets | 141.8M | 107.2M | 358.3M | 570.3M | 265.0M | 270.2M | |
Property Plant Equipment | 748.8M | 686.9M | 665.3M | 735.2M | 661.7M | 924.8M | |
Other Liab | 339.2M | 397.2M | 416.8M | 510.1M | 586.6M | 344.2M | |
Current Deferred Revenue | 29.5M | 19.2M | 36.2M | 57.3M | (99K) | (94.1K) | |
Short Term Debt | 2.7M | 394K | 44.1M | 583.9M | 30.8M | 29.3M | |
Net Tangible Assets | (249.4M) | (208.3M) | (247.2M) | 7.6M | 6.9M | 7.2M | |
Retained Earnings Total Equity | (772.2M) | (734.5M) | (775.9M) | (544.8M) | (490.3M) | (514.8M) | |
Long Term Debt Total | 719.5M | 625.3M | 687.9M | 111.2M | 100.1M | 95.1M | |
Capital Surpluse | 547.1M | 550.3M | 552.9M | 576.6M | 663.1M | 548.0M | |
Deferred Long Term Liab | 7.2M | 128K | 113K | 72K | 64.8K | 61.6K | |
Non Current Liabilities Other | 343.6M | 408.5M | 428.0M | 520.6M | 23.9M | 22.7M |
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When determining whether WT Offshore offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of WT Offshore's financial statements, including income statements, balance sheets, and cash flow statements, to assess its financial health. Key financial ratios are used to gauge profitability, efficiency, and growth potential of Wt Offshore Stock. Outlined below are crucial reports that will aid in making a well-informed decision on Wt Offshore Stock:Check out Your Current Watchlist to better understand how to build diversified portfolios, which includes a position in WT Offshore. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in estimate. For more detail on how to invest in WTI Stock please use our How to Invest in WT Offshore guide.You can also try the Alpha Finder module to use alpha and beta coefficients to find investment opportunities after accounting for the risk.
Is Oil & Gas Exploration & Production 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 WT Offshore. If investors know WTI 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 WT Offshore 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 (0.98) | Dividend Share 0.04 | Earnings Share (0.43) | Revenue Per Share 3.657 | Quarterly Revenue Growth (0.15) |
The market value of WT Offshore is measured differently than its book value, which is the value of WTI that is recorded on the company's balance sheet. Investors also form their own opinion of WT Offshore's value that differs from its market value or its book value, called intrinsic value, which is WT Offshore'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 WT Offshore's market value can be influenced by many factors that don't directly affect WT Offshore'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 WT Offshore's value and its price as these two are different measures arrived at by different means. Investors typically determine if WT Offshore is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, WT Offshore'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.