Oceaneering International Revenue vs. Return On Asset
| 0KAN Stock | 26.17 1.25 4.56% |
Total Revenue | First Reported 1985-09-30 | Previous Quarter 668.8 M | Current Value 679.8 M | Quarterly Volatility 262.5 M |
For Oceaneering International profitability analysis, we use financial ratios and fundamental drivers that measure the ability of Oceaneering International to generate income relative to revenue, assets, operating costs, and current equity. These fundamental indicators attest to how well Oceaneering International utilizes its assets to generate profit and value for its shareholders. The profitability module also shows relationships between Oceaneering International's most relevant fundamental drivers. It provides multiple suggestions of what could affect the performance of Oceaneering International over time as well as its relative position and ranking within its peers.
Oceaneering |
Oceaneering International Return On Asset vs. Revenue Fundamental Analysis
Comparative valuation techniques use various fundamental indicators to help in determining Oceaneering International's current stock value. Our valuation model uses many indicators to compare Oceaneering International value to that of its competitors to determine the firm's financial worth. Oceaneering International is the top company in revenue category among its peers. It also is number one stock in return on asset category among its peers . The ratio of Revenue to Return On Asset for Oceaneering International is about 41,949,930,796 . At this time, Oceaneering International's Total Revenue is comparatively stable compared to the past year. The reason why the comparable model can be used in almost all circumstances is due to the vast number of multiples that can be utilized, such as the price-to-earnings (P/E), price-to-book (P/B), price-to-sales (P/S), price-to-cash flow (P/CF), and many others. The P/E ratio is the most commonly used of these ratios because it focuses on the Oceaneering International's earnings, one of the primary drivers of an investment's value.Oceaneering Revenue vs. Competition
Oceaneering International is the top company in revenue category among its peers. Market size based on revenue of Industrials industry is presently estimated at about 79.67 Billion. Oceaneering International holds roughly 2.42 Billion in revenue claiming about 3% of equities under Industrials industry.
Oceaneering Return On Asset vs. Revenue
Revenue is income that a firm generates from business activities such us rendering services or selling goods to customers. It is a crucial part of a business and an essential item when evaluating a company's financial statements. Revenues from a firm's primary business operations can be reported on the income statement as sales revenue, net sales, or simply sales, depending on the industry in which a given company operates.
Oceaneering International |
| = | 2.42 B |
Revenue is typically recorded when cash or cash equivalents are exchanged for services or goods and can include products or services discounts, promotions, as well as early payments on invoices or services rendered in advance.
Return on Asset or ROA shows how effective is the management of the company in generating income from utilizing all of the assets at their disposal. It is a useful ratio to evaluate the performance of different departments of a company as well as to understand management performance over time.
Oceaneering International |
| = | 0.0578 |
Return on Asset measures overall efficiency of a company in generating profits from its total assets. It is expressed as the percentage of profits earned per dollar of Asset. A low ROA typically means that a company is asset-intensive and therefore will needs more money to continue generating revenue in the future.
Oceaneering Return On Asset Comparison
Oceaneering International is currently under evaluation in return on asset category among its peers.
Oceaneering International Profitability Projections
The most important aspect of a successful company is its ability to generate a profit. For investors in Oceaneering International, profitability is also one of the essential criteria for including it into their portfolios because, without profit, Oceaneering International will eventually generate negative long term returns. The profitability progress is the general direction of Oceaneering International's change in net profit over the period of time. It can combine multiple indicators of Oceaneering International, where stable trends show no significant progress. An accelerating trend is seen as positive, while a decreasing one is unfavorable. A rising trend means that profits are rising, and operational efficiency may be rising as well. A decreasing trend is a sign of poor performance and may indicate upcoming losses.
| Last Reported | Projected for Next Year | ||
| Accumulated Other Comprehensive Income | -382.3 M | -363.2 M | |
| Operating Income | 181.3 M | 120.7 M | |
| Income Before Tax | 161.1 M | 99.6 M | |
| Total Other Income Expense Net | -20.3 M | -19.3 M | |
| Net Income | 97.4 M | 102.3 M | |
| Income Tax Expense | 63.7 M | 41.4 M | |
| Interest Income | 60.4 M | 63.5 M | |
| Net Income Applicable To Common Shares | 23.3 M | 24.5 M | |
| Change To Netincome | 9.8 M | 9.3 M |
Oceaneering Profitability Driver Comparison
Profitability drivers are factors that can directly affect your investment outlook on Oceaneering International. Investors often realize that things won't turn out the way they predict. There are maybe way too many unforeseen events and contingencies during the holding period of Oceaneering International position where the market behavior may be hard to predict, tax policy changes, gold or oil price hikes, calamities change, and many others. The question is, are you prepared for these unexpected events? Although some of these situations are obviously beyond your control, you can still follow the important profit indicators to know where you should focus on when things like this occur. Below are some of the Oceaneering International's important profitability drivers and their relationship over time.
Use Oceaneering International in pair-trading
One of the main advantages of trading using pair correlations is that every trade hedges away some risk. Because there are two separate transactions required, even if Oceaneering International position performs unexpectedly, the other equity can make up some of the losses. Pair trading also minimizes risk from directional movements in the market. For example, if an entire industry or sector drops because of unexpected headlines, the short position in Oceaneering International will appreciate offsetting losses from the drop in the long position's value.Oceaneering International Pair Trading
Oceaneering International Pair Trading Analysis
The ability to find closely correlated positions to Oceaneering International could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Oceaneering International when you sell it. If you don't do this, your portfolio allocation will be skewed against your target asset allocation. So, investors can't just sell and buy back Oceaneering International - that would be a violation of the tax code under the "wash sale" rule, and this is why you need to find a similar enough asset and use the proceeds from selling Oceaneering International to buy it.
The correlation of Oceaneering International is a statistical measure of how it moves in relation to other instruments. This measure is expressed in what is known as the correlation coefficient, which ranges between -1 and +1. A perfect positive correlation (i.e., a correlation coefficient of +1) implies that as Oceaneering International moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Oceaneering International moves in either direction, the perfectly negatively correlated security will move in the opposite direction. If the correlation is 0, the equities are not correlated; they are entirely random. A correlation greater than 0.8 is generally described as strong, whereas a correlation less than 0.5 is generally considered weak.
Correlation analysis and pair trading evaluation for Oceaneering International can also be used as hedging techniques within a particular sector or industry or even over random equities to generate a better risk-adjusted return on your portfolios.Use Investing Themes to Complement your Oceaneering International position
In addition to having Oceaneering International in your portfolios, you can quickly add positions using our predefined set of ideas and optimize them against your very unique investing style. A single investing idea is a collection of funds, stocks, ETFs, or cryptocurrencies that are programmatically selected from a pull of investment themes. After you determine your investment opportunity, you can then find an optimal portfolio that will maximize potential returns on the chosen idea or minimize its exposure to market volatility.Did You Try This Idea?
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Additional Tools for Oceaneering Stock Analysis
When running Oceaneering International's price analysis, check to measure Oceaneering International's market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy Oceaneering International is operating at the current time. Most of Oceaneering International's value examination focuses on studying past and present price action to predict the probability of Oceaneering International's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Oceaneering International's price. Additionally, you may evaluate how the addition of Oceaneering International to your portfolios can decrease your overall portfolio volatility.