Oil Net Debt vs Total Liab Analysis

OILCOUNTUB

72.68 3.46 5.00%

Oil Country financial indicator trend analysis is much more than just breaking down Oil Country Tubular prevalent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Oil Country Tubular is a good investment. Please check the relationship between Oil Country Net Debt and its Total Liab accounts. Check out Your Equity Center to better understand how to build diversified portfolios, which includes a position in Oil Country Tubular. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in persons.

Net Debt vs Total Liab

Net Debt vs Total Liab Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Oil Country Tubular Net Debt account and Total Liab. At this time, the significance of the direction appears to have fragmental relationship.

The correlation between Oil Country's Net Debt and Total Liab is 0.45. Overlapping area represents the amount of variation of Net Debt that can explain the historical movement of Total Liab in the same time period over historical financial statements of Oil Country Tubular, assuming nothing else is changed. The correlation between historical values of Oil Country's Net Debt and Total Liab 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 Debt of Oil Country Tubular are associated (or correlated) with its Total Liab. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Total Liab has no effect on the direction of Net Debt i.e., Oil Country's Net Debt and Total Liab go up and down completely randomly.

Correlation Coefficient

0.45

Relationship Direction	Positive
Relationship Strength	Weak

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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.

Total Liab

The total amount of all liabilities that a company has, including both short-term and long-term liabilities.

Most indicators from Oil Country's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Oil Country Tubular 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 Equity Center to better understand how to build diversified portfolios, which includes a position in Oil Country Tubular. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in persons.

As of the 21st of January 2025, Selling General Administrative is likely to drop to about 5.7 M. In addition to that, Tax Provision is likely to drop to about (56.9 M)

	2022	2023	2024	2025 (projected)
Interest Expense	119.3M	59.9M	68.8M	65.4M
Depreciation And Amortization	298.6M	715.6M	823.0M	864.1M

Interest Expense Depreciation And Amortization

Oil Country fundamental ratios Correlations

	Total Assets	Short Long Term Debt Total	Other Current Liab	Total Current Liabilities	Total Stockholder Equity	Property Plant And Equipment Net	Net Debt	Accounts Payable	Cash	Non Current Assets Total	Non Currrent Assets Other	Cash And Short Term Investments	Net Receivables	Common Stock Shares Outstanding	Non Current Liabilities Total	Inventory	Other Current Assets	Other Stockholder Equity	Total Liab	Total Current Assets	Common Stock	Short Term Debt	Current Deferred Revenue	Retained Earnings	Short Term Investments	Intangible Assets
Total Assets		-0.05	0.1	0.2	0.86	0.72	-0.15	0.28	0.51	0.85	0.56	0.51	0.61	0.16	0.19	0.7	-0.12	0.2	0.46	0.62	-0.1	-0.06	-0.56	0.27	-0.17	0.27
Short Long Term Debt Total	-0.05		0.13	0.49	-0.31	-0.2	0.98	-0.18	0.14	-0.18	0.06	0.14	0.04	-0.16	-0.12	0.01	0.62	0.22	0.48	0.18	0.11	0.38	0.47	-0.3	-0.08	0.13
Other Current Liab	0.1	0.13		0.42	-0.34	-0.1	0.14	-0.15	-0.13	-0.11	-0.12	-0.13	0.3	-0.11	0.27	0.1	0.7	-0.13	0.82	0.34	0.06	0.11	0.54	-0.37	0.08	-0.37
Total Current Liabilities	0.2	0.49	0.42		-0.02	-0.33	0.48	0.43	0.44	-0.19	0.25	0.44	0.59	-0.55	-0.64	0.66	0.52	0.01	0.56	0.79	0.53	0.85	0.27	0.21	-0.59	0.31
Total Stockholder Equity	0.86	-0.31	-0.34	-0.02		0.7	-0.41	0.4	0.51	0.83	0.56	0.51	0.43	0.05	-0.03	0.63	-0.52	0.16	-0.05	0.42	0.0	-0.09	-0.8	0.49	-0.31	0.41
Property Plant And Equipment Net	0.72	-0.2	-0.1	-0.33	0.7		-0.27	-0.27	0.0	0.97	0.17	0.0	-0.01	0.36	0.49	0.08	-0.33	0.13	0.14	-0.04	-0.16	-0.58	-0.45	0.05	0.18	0.08
Net Debt	-0.15	0.98	0.14	0.48	-0.41	-0.27		-0.23	0.04	-0.26	-0.01	0.04	-0.04	-0.14	-0.14	-0.05	0.64	0.14	0.45	0.12	0.12	0.37	0.51	-0.32	-0.01	0.13
Accounts Payable	0.28	-0.18	-0.15	0.43	0.4	-0.27	-0.23		0.74	-0.09	0.56	0.74	0.76	-0.34	-0.57	0.72	-0.13	-0.03	-0.08	0.72	0.33	0.68	-0.38	0.44	-0.65	0.32
Cash	0.51	0.14	-0.13	0.44	0.51	0.0	0.04	0.74		0.18	0.56	1.0	0.79	-0.23	-0.35	0.7	-0.05	0.54	0.17	0.74	0.22	0.55	-0.4	0.37	-0.49	0.22
Non Current Assets Total	0.85	-0.18	-0.11	-0.19	0.83	0.97	-0.26	-0.09	0.18		0.32	0.19	0.18	0.3	0.39	0.28	-0.33	0.16	0.19	0.16	-0.13	-0.44	-0.55	0.17	0.05	0.21
Non Currrent Assets Other	0.56	0.06	-0.12	0.25	0.56	0.17	-0.01	0.56	0.56	0.32		0.56	0.51	-0.07	-0.14	0.59	0.11	0.16	0.16	0.6	0.07	0.27	-0.35	0.38	-0.48	0.34
Cash And Short Term Investments	0.51	0.14	-0.13	0.44	0.51	0.0	0.04	0.74	1.0	0.19	0.56		0.79	-0.23	-0.35	0.7	-0.05	0.54	0.17	0.74	0.22	0.55	-0.4	0.37	-0.49	0.22
Net Receivables	0.61	0.04	0.3	0.59	0.43	-0.01	-0.04	0.76	0.79	0.18	0.51	0.79		-0.23	-0.22	0.8	0.12	0.21	0.5	0.92	0.22	0.57	-0.21	0.26	-0.45	0.14
Common Stock Shares Outstanding	0.16	-0.16	-0.11	-0.55	0.05	0.36	-0.14	-0.34	-0.23	0.3	-0.07	-0.23	-0.23		0.65	-0.24	-0.21	0.03	0.02	-0.34	-0.85	-0.65	-0.29	-0.19	0.69	-0.21
Non Current Liabilities Total	0.19	-0.12	0.27	-0.64	-0.03	0.49	-0.14	-0.57	-0.35	0.39	-0.14	-0.35	-0.22	0.65		-0.45	0.06	0.09	0.28	-0.4	-0.64	-0.82	0.01	-0.5	0.73	-0.47
Inventory	0.7	0.01	0.1	0.66	0.63	0.08	-0.05	0.72	0.7	0.28	0.59	0.7	0.8	-0.24	-0.45		-0.02	0.08	0.33	0.91	0.17	0.54	-0.44	0.47	-0.55	0.39
Other Current Assets	-0.12	0.62	0.7	0.52	-0.52	-0.33	0.64	-0.13	-0.05	-0.33	0.11	-0.05	0.12	-0.21	0.06	-0.02		-0.07	0.71	0.3	0.2	0.34	0.69	-0.43	-0.07	-0.18
Other Stockholder Equity	0.2	0.22	-0.13	0.01	0.16	0.13	0.14	-0.03	0.54	0.16	0.16	0.54	0.21	0.03	0.09	0.08	-0.07		0.11	0.12	-0.06	0.01	-0.03	0.17	-0.08	-0.24
Total Liab	0.46	0.48	0.82	0.56	-0.05	0.14	0.45	-0.08	0.17	0.19	0.16	0.17	0.5	0.02	0.28	0.33	0.71	0.11		0.56	-0.02	0.17	0.35	-0.27	0.04	-0.12
Total Current Assets	0.62	0.18	0.34	0.79	0.42	-0.04	0.12	0.72	0.74	0.16	0.6	0.74	0.92	-0.34	-0.4	0.91	0.3	0.12	0.56		0.33	0.68	-0.16	0.3	-0.58	0.27
Common Stock	-0.1	0.11	0.06	0.53	0.0	-0.16	0.12	0.33	0.22	-0.13	0.07	0.22	0.22	-0.85	-0.64	0.17	0.2	-0.06	-0.02	0.33		0.63	0.28	0.17	-0.68	0.2
Short Term Debt	-0.06	0.38	0.11	0.85	-0.09	-0.58	0.37	0.68	0.55	-0.44	0.27	0.55	0.57	-0.65	-0.82	0.54	0.34	0.01	0.17	0.68	0.63		0.22	0.29	-0.74	0.35
Current Deferred Revenue	-0.56	0.47	0.54	0.27	-0.8	-0.45	0.51	-0.38	-0.4	-0.55	-0.35	-0.4	-0.21	-0.29	0.01	-0.44	0.69	-0.03	0.35	-0.16	0.28	0.22		-0.39	-0.03	-0.37
Retained Earnings	0.27	-0.3	-0.37	0.21	0.49	0.05	-0.32	0.44	0.37	0.17	0.38	0.37	0.26	-0.19	-0.5	0.47	-0.43	0.17	-0.27	0.3	0.17	0.29	-0.39		-0.5	0.66
Short Term Investments	-0.17	-0.08	0.08	-0.59	-0.31	0.18	-0.01	-0.65	-0.49	0.05	-0.48	-0.49	-0.45	0.69	0.73	-0.55	-0.07	-0.08	0.04	-0.58	-0.68	-0.74	-0.03	-0.5		-0.38
Intangible Assets	0.27	0.13	-0.37	0.31	0.41	0.08	0.13	0.32	0.22	0.21	0.34	0.22	0.14	-0.21	-0.47	0.39	-0.18	-0.24	-0.12	0.27	0.2	0.35	-0.37	0.66	-0.38

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Oil Country Account Relationship Matchups

Oil Country fundamental ratios Accounts

	2020	2021	2022	2023	2024	2025 (projected)
Total Assets	2.3B	2.4B	5.0B	4.3B	4.9B	4.1B
Short Long Term Debt Total	1.7B	2.2B	916.3M	902.4M	1.0B	1.2B
Other Current Liab	513.7M	653.1M	356.4M	201.7M	181.5M	285.9M
Total Current Liabilities	1.9B	2.1B	394.5M	235.1M	211.6M	201.0M
Total Stockholder Equity	(747.9M)	(1.3B)	2.5B	1.9B	1.8B	1.1B
Property Plant And Equipment Net	1.5B	1.3B	4.5B	3.8B	4.3B	2.3B
Net Debt	1.7B	2.2B	656.2M	885.1M	1.0B	1.1B
Accounts Payable	33.8M	32.1M	38.0M	33.4M	30.1M	28.6M
Cash	270K	1.4M	2.6M	17.3M	15.6M	14.8M
Non Current Assets Total	1.6B	1.4B	4.5B	3.8B	4.3B	2.6B
Cash And Short Term Investments	270K	1.4M	2.8M	17.3M	15.6M	14.8M
Net Receivables	19.1M	2.3M	834K	60K	54K	51.3K
Liabilities And Stockholders Equity	2.3B	2.4B	5.0B	4.3B	4.9B	4.1B
Non Current Liabilities Total	1.1B	1.6B	2.1B	2.1B	2.4B	2.5B
Other Current Assets	400.5M	791.8M	43.4M	77.8M	70.0M	66.5M
Total Liab	3.0B	3.7B	2.5B	2.3B	2.7B	2.6B
Total Current Assets	713.8M	1.1B	436.2M	506.3M	455.7M	432.9M
Accumulated Other Comprehensive Income	(1.2B)	(1.7B)	2.1B	1.5B	1.7B	1.8B
Short Term Debt	1.3B	1.5B	257.5M	(44.1M)	(39.7M)	(37.7M)
Current Deferred Revenue	512.7M	653.1M	257.5M	44.1M	50.7M	48.2M
Retained Earnings	(1.2B)	(1.7B)	(553.0M)	(717.8M)	(646.0M)	(613.7M)
Other Liab	725.0M	786.9M	760.7M	795.9M	915.3M	585.2M
Net Tangible Assets	373.2M	(244.8M)	(749.0M)	(1.3B)	(1.1B)	(1.1B)
Other Assets	28.8M	(1K)	1K	3.1M	2.8M	2.6M
Long Term Debt	375.7M	773.7M	658.9M	902.4M	1.0B	1.1B
Property Plant Equipment	1.7B	1.5B	1.3B	4.5B	4.1B	4.3B
Long Term Debt Total	28.6M	375.7M	773.7M	658.9M	757.7M	795.6M
Net Invested Capital	967.0M	912.2M	3.2B	2.9B	3.3B	2.0B
Net Working Capital	(1.2B)	(1.1B)	41.7M	271.2M	311.9M	327.5M
Non Current Liabilities Other	751.0M	833.2M	822.4M	832.0M	956.8M	645.1M

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V	Visa Class A
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Balance Sheet is a snapshot of the financial position of Oil Country Tubular at a specified time, usually calculated after every quarter, six months, or one year. Oil Country Balance Sheet has two main parts: assets and liabilities. Liabilities are the debts or obligations of Oil Country and are divided into current liabilities and long term liabilities. An asset, on the other hand, is anything of value that can be converted into cash and which Oil currently owns. An asset can also be divided into two categories, current and non-current.

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Oil Net Debt vs Total Liab Analysis

Net Debt vs Total Liab

Net Debt vs Total Liab Correlation Analysis

Correlation Coefficient

Net Debt

Total Liab

Oil Country fundamental ratios Correlations

Oil Country Account Relationship Matchups

High Positive Relationship

High Negative Relationship

Oil Country fundamental ratios Accounts

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Other Information on Investing in Oil Stock

COMMON DESTINATIONS

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COMPANY

Cash And Short Term Investments	+ 1.0	Cash
Net Debt	+ 0.98	Short Long Term Debt Total
Non Current Assets Total	+ 0.97	Property Plant And Equipment Net
Total Current Assets	+ 0.92	Net Receivables
Total Current Assets	+ 0.91	Inventory
Total Stockholder Equity	+ 0.86	Total Assets

Common Stock	- 0.85	Common Stock Shares Outstanding
Short Term Debt	- 0.82	Non Current Liabilities Total
Current Deferred Revenue	- 0.8	Total Stockholder Equity
Short Term Investments	- 0.74	Short Term Debt
Short Term Investments	- 0.68	Common Stock
Short Term Debt	- 0.65	Common Stock Shares Outstanding