Scorpio Long Term Investments vs Net Working Capital Analysis
STNG Stock | USD 50.69 0.52 1.02% |
Scorpio Tankers financial indicator trend analysis is much more than just breaking down Scorpio Tankers prevalent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Scorpio Tankers is a good investment. Please check the relationship between Scorpio Tankers Long Term Investments and its Net Working Capital accounts. Check out World Market Map to better understand how to build diversified portfolios, which includes a position in Scorpio Tankers. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in board of governors. For more detail on how to invest in Scorpio Stock please use our How to Invest in Scorpio Tankers guide.
Long Term Investments vs Net Working Capital
Long Term Investments vs Net Working Capital Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Scorpio Tankers Long Term Investments account and Net Working Capital. At this time, the significance of the direction appears to have almost no relationship.
The correlation between Scorpio Tankers' Long Term Investments and Net Working Capital is 0.18. Overlapping area represents the amount of variation of Long Term Investments that can explain the historical movement of Net Working Capital in the same time period over historical financial statements of Scorpio Tankers, assuming nothing else is changed. The correlation between historical values of Scorpio Tankers' Long Term Investments and Net Working Capital is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Long Term Investments of Scorpio Tankers are associated (or correlated) with its Net Working Capital. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Net Working Capital has no effect on the direction of Long Term Investments i.e., Scorpio Tankers' Long Term Investments and Net Working Capital go up and down completely randomly.
Correlation Coefficient | 0.18 |
Relationship Direction | Positive |
Relationship Strength | Insignificant |
Long Term Investments
Long Term Investments is an item on the asset side of Scorpio Tankers balance sheet that represents investments Scorpio Tankers intends to hold for over a year. Scorpio Tankers long term investments may include different instruments such as stocks, bonds, real estate and cash.Net Working Capital
Most indicators from Scorpio Tankers' fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Scorpio Tankers 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 Scorpio Tankers. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in board of governors. For more detail on how to invest in Scorpio Stock please use our How to Invest in Scorpio Tankers guide.At this time, Scorpio Tankers' Enterprise Value is most likely to increase significantly in the upcoming years.
2021 | 2022 | 2023 | 2024 (projected) | Interest Expense | 144.1M | 169.8M | 166.7M | 88.3M | Depreciation And Amortization | 240.3M | 206.8M | 202.5M | 115.9M |
Scorpio Tankers fundamental ratios Correlations
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Scorpio Tankers Account Relationship Matchups
High Positive Relationship
High Negative Relationship
Scorpio Tankers fundamental ratios Accounts
2019 | 2020 | 2021 | 2022 | 2023 | 2024 (projected) | ||
Total Assets | 5.2B | 5.2B | 5.0B | 4.6B | 4.2B | 3.0B | |
Short Long Term Debt Total | 3.1B | 3.0B | 3.1B | 1.9B | 1.6B | 1.6B | |
Other Current Liab | 41.5M | (156.2M) | (207.7M) | (240.9M) | 61.0M | 64.1M | |
Total Current Liabilities | 486.2M | 406.2M | 527.8M | 473.3M | 510.4M | 265.8M | |
Total Stockholder Equity | 2.0B | 2.1B | 1.8B | 2.5B | 2.6B | 1.4B | |
Property Plant And Equipment Net | 4.7B | 4.8B | 4.6B | 3.8B | 3.6B | 2.6B | |
Net Debt | 2.9B | 2.9B | 2.9B | 1.6B | 1.2B | 1.4B | |
Retained Earnings | (399.0M) | (304.9M) | (539.4M) | 97.9M | 587.1M | 616.5M | |
Accounts Payable | 23.1M | 12.9M | 35.1M | 28.7M | 10.0M | 15.1M | |
Cash | 202.3M | 187.5M | 230.4M | 376.9M | 355.6M | 182.9M | |
Non Current Assets Total | 4.9B | 4.9B | 4.7B | 3.9B | 3.7B | 2.7B | |
Other Assets | 85.7M | 141.7M | 72.2M | 113.8M | 130.8M | 137.4M | |
Long Term Debt | 999.3M | 971.2M | 666.4M | 264.1M | 939.2M | 807.7M | |
Cash And Short Term Investments | 202.3M | 187.5M | 230.4M | 376.9M | 355.6M | 182.9M | |
Net Receivables | 78.2M | 33.0M | 38.1M | 276.7M | 203.5M | 213.7M | |
Common Stock Total Equity | 3.8M | 5.8M | 646K | 656K | 754.4K | 716.7K | |
Common Stock Shares Outstanding | 49.9M | 56.4M | 54.7M | 63.5M | 54.5M | 57.3M | |
Liabilities And Stockholders Equity | 5.2B | 5.2B | 5.0B | 4.6B | 4.2B | 3.0B | |
Non Current Liabilities Total | 2.7B | 2.7B | 2.6B | 1.6B | 1.2B | 1.4B | |
Inventory | 8.6M | 9.3M | 8.8M | 15.6M | 7.8M | 6.3M | |
Other Current Assets | 13.9M | 24.9M | 12.0M | 18.2M | 10.2M | 8.8M | |
Other Stockholder Equity | (646K) | 2.4B | 2.4B | 2.4B | 2.0B | 2.1B | |
Total Liab | 3.2B | 3.1B | 3.2B | 2.1B | 1.7B | 1.7B | |
Property Plant And Equipment Gross | 4.7B | 4.8B | 4.6B | 3.8B | 4.8B | 2.7B | |
Total Current Assets | 303.0M | 267.4M | 285.2M | 687.3M | 577.1M | 605.9M | |
Accumulated Other Comprehensive Income | 2.4B | 2.4B | 2.4B | 2.4B | 2.0B | 1.2B | |
Short Term Debt | 421.7M | 549.5M | 700.4M | 674.5M | 427.7M | 261.2M | |
Common Stock | 646K | 656K | 659K | 727K | 745K | 1.5M | |
Property Plant Equipment | 4.7B | 4.8B | 4.6B | 3.8B | 4.3B | 2.6B | |
Non Currrent Assets Other | 143.4M | 72.2M | 113.8M | 75.1M | 53.6M | 55.1M | |
Deferred Long Term Liab | 2.8M | 4.0M | 1.4M | 1.6M | 1.5M | 1.4M | |
Short Long Term Debt | 235.5M | 172.7M | 235.3M | 31.5M | 221.0M | 204.0M | |
Net Tangible Assets | 2.0B | 2.1B | 1.8B | 2.5B | 2.9B | 1.9B |
Currently Active Assets on Macroaxis
When determining whether Scorpio Tankers is a strong investment it is important to analyze Scorpio Tankers' competitive position within its industry, examining market share, product or service uniqueness, and competitive advantages. Beyond financials and market position, potential investors should also consider broader economic conditions, industry trends, and any regulatory or geopolitical factors that may impact Scorpio Tankers' future performance. For an informed investment choice regarding Scorpio Stock, refer to the following important reports:Check out World Market Map to better understand how to build diversified portfolios, which includes a position in Scorpio Tankers. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in board of governors. For more detail on how to invest in Scorpio Stock please use our How to Invest in Scorpio Tankers guide.You can also try the Portfolio Manager module to state of the art Portfolio Manager to monitor and improve performance of your invested capital.
Is Oil & Gas Storage & Transportation 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 Scorpio Tankers. If investors know Scorpio 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 Scorpio Tankers 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 0.637 | Dividend Share 1.55 | Earnings Share 13.97 | Revenue Per Share 27.856 | Quarterly Revenue Growth (0.08) |
The market value of Scorpio Tankers is measured differently than its book value, which is the value of Scorpio that is recorded on the company's balance sheet. Investors also form their own opinion of Scorpio Tankers' value that differs from its market value or its book value, called intrinsic value, which is Scorpio Tankers' 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 Scorpio Tankers' market value can be influenced by many factors that don't directly affect Scorpio Tankers' 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 Scorpio Tankers' value and its price as these two are different measures arrived at by different means. Investors typically determine if Scorpio Tankers is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Scorpio Tankers' 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.