INSW Stock | | | USD 39.62 0.08 0.20% |
International Seaways financial indicator trend analysis is infinitely more than just investigating International Seaways recent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether International Seaways is a good investment. Please check the relationship between International Seaways Net Tangible Assets and its Net Debt accounts. Check out
Risk vs Return Analysis to better understand how to build diversified portfolios, which includes a position in International Seaways. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as
signals in state.
For more information on how to buy International Stock please use our
How to Invest in International Seaways guide.
Net Tangible Assets vs Net Debt
Net Tangible Assets vs Net Debt Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of
International Seaways Net Tangible Assets account and
Net Debt. At this time, the significance of the direction appears to have weak contrarian relationship.
The correlation between International Seaways' Net Tangible Assets and Net Debt is -0.18. Overlapping area represents the amount of variation of Net Tangible Assets that can explain the historical movement of Net Debt in the same time period over historical financial statements of International Seaways, assuming nothing else is changed. The correlation between historical values of International Seaways' Net Tangible Assets and Net Debt is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Net Tangible Assets of International Seaways are associated (or correlated) with its Net Debt. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Net Debt has no effect on the direction of Net Tangible Assets i.e., International Seaways' Net Tangible Assets and Net Debt go up and down completely randomly.
Correlation Coefficient | -0.18 |
Relationship Direction | Negative |
Relationship Strength | Insignificant |
Net Tangible Assets
The total assets of a company minus any intangible assets such as patents, copyrights, and goodwill; it represents the physical assets of a company.
Net Debt
The total debt of a company minus its cash and cash equivalents. It represents the actual debt burden on the company after accounting for the liquid assets it holds.
Most indicators from International Seaways' fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into International Seaways 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
Risk vs Return Analysis to better understand how to build diversified portfolios, which includes a position in International Seaways. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as
signals in state.
For more information on how to buy International Stock please use our
How to Invest in International Seaways guide.
Enterprise Value is likely to climb to about 3
B in 2024, whereas
Selling General Administrative is likely to drop slightly above 32
M in 2024.
International Seaways fundamental ratios Correlations
Click cells to compare fundamentals
International Seaways Account Relationship Matchups
High Positive Relationship
High Negative Relationship
International Seaways fundamental ratios Accounts
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Additional Tools for International Stock Analysis
When running International Seaways' price analysis, check to
measure International Seaways' 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 International Seaways is operating at the current time. Most of International Seaways' value examination focuses on studying past and present price action to
predict the probability of International Seaways' future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move International Seaways' price. Additionally, you may evaluate how the addition of International Seaways to your portfolios can decrease your overall portfolio volatility.