Seadrill Retained Earnings vs Accounts Payable Analysis
SDRL Stock | USD 40.23 0.36 0.90% |
Seadrill financial indicator trend analysis is much more than just breaking down Seadrill Limited prevalent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Seadrill Limited is a good investment. Please check the relationship between Seadrill Retained Earnings and its Accounts Payable accounts. Check out World Market Map to better understand how to build diversified portfolios, which includes a position in Seadrill Limited. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in metropolitan statistical area.
Retained Earnings vs Accounts Payable
Retained Earnings vs Accounts Payable Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Seadrill Limited Retained Earnings account and Accounts Payable. At this time, the significance of the direction appears to have fragmental relationship.
The correlation between Seadrill's Retained Earnings and Accounts Payable is 0.57. Overlapping area represents the amount of variation of Retained Earnings that can explain the historical movement of Accounts Payable in the same time period over historical financial statements of Seadrill Limited, assuming nothing else is changed. The correlation between historical values of Seadrill's Retained Earnings and Accounts Payable is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Retained Earnings of Seadrill Limited are associated (or correlated) with its Accounts Payable. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Accounts Payable has no effect on the direction of Retained Earnings i.e., Seadrill's Retained Earnings and Accounts Payable go up and down completely randomly.
Correlation Coefficient | 0.57 |
Relationship Direction | Positive |
Relationship Strength | Weak |
Retained Earnings
The cumulative amount of net income that a company retains for reinvestment in its operations, rather than distributing it to shareholders as dividends.Accounts Payable
An accounting item on the balance sheet that represents Seadrill obligation to pay off a short-term debt to its creditors. The accounts payable entry is usually reported under current liabilities. If accounts payable of Seadrill Limited are not paid within the agreed terms, the payables are considered to be in default, which may trigger a penalty or interest payment, or the revocation of additional credit from the supplier. Accounts payable may also be considered a source of cash, since they represent funds being borrowed from suppliers. Given these cash flow considerations, suppliers have a natural inclination to push for shorter payment terms, while creditors want to lengthen the payment terms. The amount a company owes to suppliers or vendors for products or services received but not yet paid for. It represents the company's short-term liabilities.Most indicators from Seadrill's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Seadrill Limited 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 World Market Map to better understand how to build diversified portfolios, which includes a position in Seadrill Limited. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in metropolitan statistical area. At this time, Seadrill's Tax Provision is quite stable compared to the past year. Discontinued Operations is expected to rise to about 6 M this year, although the value of Selling General Administrative will most likely fall to about 63.3 M.
2021 | 2022 | 2023 | 2024 (projected) | Interest Expense | 109M | 91M | 59M | 56.1M | Depreciation And Amortization | 123.7M | 149.1M | 155M | 147.3M |
Seadrill fundamental ratios Correlations
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Seadrill Account Relationship Matchups
High Positive Relationship
High Negative Relationship
Seadrill fundamental ratios Accounts
2019 | 2020 | 2021 | 2022 | 2023 | 2024 (projected) | ||
Total Assets | 9.3B | 4.0B | 2.9B | 2.8B | 4.2B | 4.0B | |
Other Current Liab | 295M | 736M | 1.2B | 306M | 272.1M | 258.5M | |
Total Current Liabilities | 770M | 6.5B | 293M | 404M | 389M | 369.6M | |
Total Stockholder Equity | 1.6B | (3.1B) | 1.6B | 1.7B | 3.0B | 1.7B | |
Property Plant And Equipment Net | 6.4B | 2.1B | 1.8B | 1.7B | 2.9B | 2.7B | |
Net Debt | 5.3B | 5.6B | 533M | 38M | (89M) | (84.6M) | |
Retained Earnings | (1.9B) | (6.6B) | 1.6B | 201M | 501M | 368.1M | |
Cash | 1.1B | 491M | 375M | 480M | 697M | 682.1M | |
Non Current Assets Total | 7.5B | 2.9B | 2.0B | 1.9B | 3.1B | 2.9B | |
Non Currrent Assets Other | 1.1B | 45M | 174M | 155M | 56M | 58.8M | |
Cash And Short Term Investments | 1.1B | 491M | 375M | 480M | 697M | 786.3M | |
Common Stock Shares Outstanding | 505M | 301.4M | 100M | 50.0M | 74M | 70.3M | |
Short Term Investments | 124M | 57M | 11M | 121M | 108.9M | 150.6M | |
Non Current Liabilities Total | 6.7B | 556M | 1.0B | 695M | 846M | 803.7M | |
Other Stockholder Equity | 3.5B | 3.5B | 3.5B | 1.5B | 2.5B | 2.6B | |
Total Liab | 7.5B | 7.1B | 1.3B | 1.1B | 1.2B | 1.2B | |
Total Current Assets | 1.8B | 1.1B | 924M | 857M | 1.2B | 1.7B | |
Short Long Term Debt Total | 6.4B | 6.1B | 908M | 518M | 608M | 577.6M | |
Net Receivables | 173M | 125M | 186M | 164M | 231M | 168.5M | |
Liabilities And Stockholders Equity | 9.3B | 4.0B | 2.9B | 2.8B | 4.2B | 4.5B | |
Other Current Assets | 158M | 343M | 1.5B | 213M | 230M | 430.5M | |
Accumulated Other Comprehensive Income | (13M) | (26M) | (15.0M) | 2M | 1M | 1.1M | |
Short Term Debt | 343M | 5.8B | 30.0M | 22M | 2.0M | 1.9M |
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Is Energy Equipment & Services space expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of Seadrill. If investors know Seadrill will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about Seadrill listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Quarterly Earnings Growth (0.55) | Earnings Share 5.78 | Revenue Per Share 20.648 | Quarterly Revenue Growth (0.15) | Return On Assets 0.0404 |
The market value of Seadrill Limited is measured differently than its book value, which is the value of Seadrill that is recorded on the company's balance sheet. Investors also form their own opinion of Seadrill's value that differs from its market value or its book value, called intrinsic value, which is Seadrill's true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because Seadrill's market value can be influenced by many factors that don't directly affect Seadrill's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between Seadrill's value and its price as these two are different measures arrived at by different means. Investors typically determine if Seadrill is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Seadrill's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.