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 Total Assets and its Total Current Liabilities 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.
Total Assets vs Total Current Liabilities
Total Assets vs Total Current Liabilities Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of
International Seaways Total Assets account and
Total Current Liabilities. At this time, the significance of the direction appears to have strong relationship.
The correlation between International Seaways' Total Assets and Total Current Liabilities is 0.68. Overlapping area represents the amount of variation of Total Assets that can explain the historical movement of Total Current Liabilities 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' Total Assets and Total Current Liabilities is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Total Assets of International Seaways are associated (or correlated) with its Total Current Liabilities. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Total Current Liabilities has no effect on the direction of Total Assets i.e., International Seaways' Total Assets and Total Current Liabilities go up and down completely randomly.
Correlation Coefficient | 0.68 |
Relationship Direction | Positive |
Relationship Strength | Significant |
Total Assets
Total assets refers to the total amount of International Seaways assets owned. Assets are items that have some economic value and are expended over time to create a benefit for the owner. These assets are usually recorded in International Seaways books under different categories such as cash, marketable securities, accounts receivable,prepaid expenses, inventory, fixed assets, intangible assets, other assets, marketable securities, accounts receivable, prepaid expenses and others. The total value of all owned resources that are expected to provide future economic benefits to the business, including cash, investments, accounts receivable, inventory, property, plant, equipment, and intangible assets.
Total Current Liabilities
Total Current Liabilities is an item on International Seaways balance sheet that include short term debt, accounts payable, accrued salaries payable, payroll taxes payable, accrued liabilities and other debts. Total Current Liabilities of International Seaways are important to investors because some useful performance ratios such as Current Ratio and Quick Ratio require Total Current Liabilities to be accurate. The total amount of liabilities that a company is expected to pay within one year, including debts, accounts payable, and other short-term financial obligations.
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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Analyzing currently trending equities could be an opportunity to develop a better portfolio based on different market momentums that they can trigger. Utilizing the top trending stocks is also useful when creating a market-neutral strategy or pair trading technique involving a short or a long position in a currently trending equity.
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.