SBM Offshore Net Income vs. Total Debt
| 0NIS Stock | 17.00 0.20 1.16% |
Net Income | First Reported 2010-12-31 | Previous Quarter 491 M | Current Value 307.2 M | Quarterly Volatility 269 M |
For SBM Offshore profitability analysis, we use financial ratios and fundamental drivers that measure the ability of SBM Offshore to generate income relative to revenue, assets, operating costs, and current equity. These fundamental indicators attest to how well SBM Offshore NV utilizes its assets to generate profit and value for its shareholders. The profitability module also shows relationships between SBM Offshore's most relevant fundamental drivers. It provides multiple suggestions of what could affect the performance of SBM Offshore NV over time as well as its relative position and ranking within its peers.
SBM |
SBM Offshore NV Total Debt vs. Net Income Fundamental Analysis
Comparative valuation techniques use various fundamental indicators to help in determining SBM Offshore's current stock value. Our valuation model uses many indicators to compare SBM Offshore value to that of its competitors to determine the firm's financial worth. SBM Offshore NV is number one stock in net income category among its peers. It also is the top company in total debt category among its peers making up about 2.23 of Total Debt per Net Income. At this time, SBM Offshore's Net Income is quite 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 SBM Offshore's earnings, one of the primary drivers of an investment's value.SBM Total Debt vs. Net Income
Net income is the profit of a company for the reporting period, which is derived after taking revenues and gains and subtracting all expenses and losses. Net income is one of the most-watched numbers by money managers as well as individual investors.
SBM Offshore |
| = | 491 M |
Because income is reported on the Income Statement of a company and is measured in dollars some investors prefer to use Profit Margin, which measures income as a percentage of sales.
Total Debt refers to the amount of long term interest-bearing liabilities that a company carries on its balance sheet. That may include bonds sold to the public, notes written to banks or capital leases. Typically, debt can help a company magnify its earnings, but the burden of interest and principal payments will eventually prevent the firm from borrow excessively.
SBM Offshore |
| = | 1.09 B |
In most industries, total debt may also include the current portion of long-term debt. Since debt terms vary widely from one company to another, simply comparing outstanding debt obligations between different companies may not be adequate. It is usually meant to compare total debt amounts between companies that operate within the same sector.
SBM Total Debt vs Competition
SBM Offshore NV is the top company in total debt category among its peers. Total debt of Energy industry is presently estimated at about 1.28 Billion. SBM Offshore totals roughly 1.09 Billion in total debt claiming about 85% of equities under Energy industry.
SBM Offshore Profitability Projections
The most important aspect of a successful company is its ability to generate a profit. For investors in SBM Offshore, profitability is also one of the essential criteria for including it into their portfolios because, without profit, SBM Offshore will eventually generate negative long term returns. The profitability progress is the general direction of SBM Offshore's change in net profit over the period of time. It can combine multiple indicators of SBM Offshore, 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 | ||
| Net Interest Income | -573 M | -544.4 M | |
| Interest Income | 163 M | 171.2 M | |
| Operating Income | 1.2 B | 805.2 M | |
| Net Income From Continuing Ops | 614 M | 443.8 M | |
| Income Before Tax | 589 M | 488.6 M | |
| Net Income Applicable To Common Shares | 517.5 M | 268.4 M | |
| Net Income | 491 M | 307.2 M | |
| Income Tax Expense | 119.6 M | 125.6 M | |
| Change To Netincome | 926.1 M | 758 M |
SBM Profitability Driver Comparison
Profitability drivers are factors that can directly affect your investment outlook on SBM Offshore. 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 SBM Offshore 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 SBM Offshore's important profitability drivers and their relationship over time.
Use SBM Offshore 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 SBM Offshore 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 SBM Offshore will appreciate offsetting losses from the drop in the long position's value.SBM Offshore Pair Trading
SBM Offshore NV Pair Trading Analysis
The ability to find closely correlated positions to SBM Offshore could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace SBM Offshore 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 SBM Offshore - 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 SBM Offshore NV to buy it.
The correlation of SBM Offshore 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 SBM Offshore moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if SBM Offshore NV 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 SBM Offshore 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 SBM Offshore position
In addition to having SBM Offshore 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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Other Information on Investing in SBM Stock
To fully project SBM Offshore's future profitability, investors should examine all historical financial statements. These statements provide investors with a comprehensive snapshot of the financial position of SBM Offshore NV at a specified time, usually calculated after every quarter, six months, or one year. Three primary documents fall into the category of financial statements. These documents include SBM Offshore's income statement, its balance sheet, and the statement of cash flows.