Scorpio Total Assets vs Net Invested 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 Total Assets and its Net Invested 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.

Total Assets vs Net Invested Capital

Total Assets vs Net Invested Capital Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Scorpio Tankers Total Assets account and Net Invested Capital. At this time, the significance of the direction appears to have strong contrarian relationship.
The correlation between Scorpio Tankers' Total Assets and Net Invested Capital is -0.51. Overlapping area represents the amount of variation of Total Assets that can explain the historical movement of Net Invested 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' Total Assets and Net Invested 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 Total Assets of Scorpio Tankers are associated (or correlated) with its Net Invested Capital. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Net Invested Capital has no effect on the direction of Total Assets i.e., Scorpio Tankers' Total Assets and Net Invested Capital go up and down completely randomly.

Correlation Coefficient

-0.51
Relationship DirectionNegative 
Relationship StrengthVery Weak

Total Assets

Total assets refers to the total amount of Scorpio Tankers 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 Scorpio Tankers 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.

Net Invested Capital

The total amount of capital invested in a company, including both equity and debt, minus any cash or cash equivalents.
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 Expense144.1M169.8M166.7M88.3M
Depreciation And Amortization240.3M206.8M202.5M115.9M

Scorpio Tankers fundamental ratios Correlations

0.95-0.350.90.90.790.99-0.210.93-0.240.50.691.00.730.560.690.340.310.80.930.860.850.30.960.980.61
0.95-0.30.820.720.730.97-0.130.99-0.390.440.60.970.620.630.60.110.360.681.00.750.820.131.00.930.45
-0.35-0.3-0.38-0.35-0.22-0.350.16-0.30.4-0.57-0.2-0.34-0.170.28-0.2-0.130.26-0.45-0.29-0.55-0.47-0.57-0.31-0.29-0.14
0.90.82-0.380.850.830.88-0.240.78-0.120.440.710.880.780.340.710.420.110.840.760.780.730.370.830.910.64
0.90.72-0.350.850.740.86-0.310.680.020.50.720.870.760.350.720.60.190.850.680.860.760.50.730.90.75
0.790.73-0.220.830.740.79-0.380.710.060.180.60.780.810.30.60.480.140.810.690.710.810.350.730.810.65
0.990.97-0.350.880.860.79-0.190.96-0.270.490.631.00.70.590.630.280.280.780.950.830.850.270.970.980.55
-0.21-0.130.16-0.24-0.31-0.38-0.19-0.110.16-0.21-0.24-0.2-0.260.17-0.24-0.14-0.07-0.26-0.09-0.23-0.32-0.22-0.12-0.2-0.23
0.930.99-0.30.780.680.710.96-0.11-0.420.440.50.950.580.650.50.050.310.640.990.720.80.110.990.90.37
-0.24-0.390.4-0.120.020.06-0.270.16-0.42-0.3-0.03-0.270.11-0.02-0.030.64-0.240.1-0.42-0.09-0.290.22-0.38-0.150.32
0.50.44-0.570.440.50.180.49-0.210.44-0.30.260.50.40.060.260.28-0.080.510.430.550.220.410.450.430.3
0.690.6-0.20.710.720.60.63-0.240.5-0.030.260.630.590.261.00.480.540.610.560.670.640.180.60.660.87
1.00.97-0.340.880.870.781.0-0.20.95-0.270.50.630.710.580.630.280.280.780.950.830.850.280.970.980.55
0.730.62-0.170.780.760.810.7-0.260.580.110.40.590.710.10.590.65-0.070.910.580.670.60.530.630.740.75
0.560.630.280.340.350.30.590.170.65-0.020.060.260.580.10.26-0.040.580.10.660.350.33-0.310.630.570.17
0.690.6-0.20.710.720.60.63-0.240.5-0.030.261.00.630.590.260.480.540.610.560.670.640.180.60.660.87
0.340.11-0.130.420.60.480.28-0.140.050.640.280.480.280.65-0.040.48-0.120.660.070.60.270.550.130.350.81
0.310.360.260.110.190.140.28-0.070.31-0.24-0.080.540.28-0.070.580.54-0.12-0.140.380.180.28-0.430.350.240.32
0.80.68-0.450.840.850.810.78-0.260.640.10.510.610.780.910.10.610.66-0.140.630.790.730.690.690.810.75
0.931.0-0.290.760.680.690.95-0.090.99-0.420.430.560.950.580.660.560.070.380.630.730.810.090.990.90.41
0.860.75-0.550.780.860.710.83-0.230.72-0.090.550.670.830.670.350.670.60.180.790.730.810.410.760.810.7
0.850.82-0.470.730.760.810.85-0.320.8-0.290.220.640.850.60.330.640.270.280.730.810.810.310.820.820.55
0.30.13-0.570.370.50.350.27-0.220.110.220.410.180.280.53-0.310.180.55-0.430.690.090.410.310.140.310.43
0.961.0-0.310.830.730.730.97-0.120.99-0.380.450.60.970.630.630.60.130.350.690.990.760.820.140.930.46
0.980.93-0.290.910.90.810.98-0.20.9-0.150.430.660.980.740.570.660.350.240.810.90.810.820.310.930.59
0.610.45-0.140.640.750.650.55-0.230.370.320.30.870.550.750.170.870.810.320.750.410.70.550.430.460.59
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Scorpio Tankers Account Relationship Matchups

Scorpio Tankers fundamental ratios Accounts

201920202021202220232024 (projected)
Total Assets5.2B5.2B5.0B4.6B4.2B3.0B
Short Long Term Debt Total3.1B3.0B3.1B1.9B1.6B1.6B
Other Current Liab41.5M(156.2M)(207.7M)(240.9M)61.0M64.1M
Total Current Liabilities486.2M406.2M527.8M473.3M510.4M265.8M
Total Stockholder Equity2.0B2.1B1.8B2.5B2.6B1.4B
Property Plant And Equipment Net4.7B4.8B4.6B3.8B3.6B2.6B
Net Debt2.9B2.9B2.9B1.6B1.2B1.4B
Retained Earnings(399.0M)(304.9M)(539.4M)97.9M587.1M616.5M
Accounts Payable23.1M12.9M35.1M28.7M10.0M15.1M
Cash202.3M187.5M230.4M376.9M355.6M182.9M
Non Current Assets Total4.9B4.9B4.7B3.9B3.7B2.7B
Other Assets85.7M141.7M72.2M113.8M130.8M137.4M
Long Term Debt999.3M971.2M666.4M264.1M939.2M807.7M
Cash And Short Term Investments202.3M187.5M230.4M376.9M355.6M182.9M
Net Receivables78.2M33.0M38.1M276.7M203.5M213.7M
Common Stock Total Equity3.8M5.8M646K656K754.4K716.7K
Common Stock Shares Outstanding49.9M56.4M54.7M63.5M54.5M57.3M
Liabilities And Stockholders Equity5.2B5.2B5.0B4.6B4.2B3.0B
Non Current Liabilities Total2.7B2.7B2.6B1.6B1.2B1.4B
Inventory8.6M9.3M8.8M15.6M7.8M6.3M
Other Current Assets13.9M24.9M12.0M18.2M10.2M8.8M
Other Stockholder Equity(646K)2.4B2.4B2.4B2.0B2.1B
Total Liab3.2B3.1B3.2B2.1B1.7B1.7B
Property Plant And Equipment Gross4.7B4.8B4.6B3.8B4.8B2.7B
Total Current Assets303.0M267.4M285.2M687.3M577.1M605.9M
Accumulated Other Comprehensive Income2.4B2.4B2.4B2.4B2.0B1.2B
Short Term Debt421.7M549.5M700.4M674.5M427.7M261.2M
Common Stock646K656K659K727K745K1.5M
Property Plant Equipment4.7B4.8B4.6B3.8B4.3B2.6B
Non Currrent Assets Other143.4M72.2M113.8M75.1M53.6M55.1M
Deferred Long Term Liab2.8M4.0M1.4M1.6M1.5M1.4M
Short Long Term Debt235.5M172.7M235.3M31.5M221.0M204.0M
Net Tangible Assets2.0B2.1B1.8B2.5B2.9B1.9B

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 Comparator module to compare the composition, asset allocations and performance of any two portfolios in your account.
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.