Seadrill Total Liab vs Total Current Assets Analysis
| SDRL Stock | USD 50.66 1.46 2.80% |
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 Total Liab and its Total Current Assets 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 tightly coupled with the direction of predictive economic indicators such as signals in metropolitan statistical area.
Total Liab vs Total Current Assets
Total Liab vs Total Current Assets Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Seadrill Limited Total Liab account and Total Current Assets. At this time, the significance of the direction appears to have very strong relationship.
The correlation between Seadrill's Total Liab and Total Current Assets is 0.85. Overlapping area represents the amount of variation of Total Liab that can explain the historical movement of Total Current Assets 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 Total Liab and Total Current Assets 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 Liab of Seadrill Limited are associated (or correlated) with its Total Current Assets. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Total Current Assets has no effect on the direction of Total Liab i.e., Seadrill's Total Liab and Total Current Assets go up and down completely randomly.
Correlation Coefficient | 0.85 |
| Relationship Direction | Positive |
| Relationship Strength | Strong |
Total Liab
The total amount of all liabilities that a company has, including both short-term and long-term liabilities.Total Current Assets
The total value of all assets that are expected to be converted into cash within one year or during the normal operating cycle.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 tightly coupled 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.
Seadrill fundamental ratios Correlations
Click cells to compare fundamentals
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 | 285M | 234M | 286.9M | 302.1M | 287.0M | |
| Total Current Liabilities | 770M | 6.5B | 293M | 404M | 387.8M | 368.5M | |
| 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 | (115.7M) | (109.9M) | |
| Retained Earnings | (1.9B) | (6.6B) | 1.6B | 201M | 499.5M | 368.0M | |
| Accounts Payable | 86M | 45M | 59M | 76M | 52.8M | 64.2M | |
| Cash | 1.1B | 491M | 375M | 480M | 725.8M | 684.1M | |
| 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 | 96.7M | 101.5M | |
| Cash And Short Term Investments | 1.1B | 491M | 375M | 480M | 725.8M | 788.2M | |
| 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 | 843.5M | 801.3M | |
| Other Stockholder Equity | 3.5B | 3.5B | (10M) | 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 | 1.1B | 1.7B | |
| Short Long Term Debt Total | 6.4B | 6.1B | 908M | 518M | 610.2M | 579.7M | |
| Net Receivables | 173M | 210M | 169M | 164M | 297.1M | 186.4M | |
| Liabilities And Stockholders Equity | 9.3B | 4.0B | 2.9B | 2.8B | 4.2B | 4.5B | |
| Other Current Assets | 158M | 184M | 240M | 169M | 90.7M | 86.2M | |
| Accumulated Other Comprehensive Income | (13M) | (26M) | (15.0M) | 2M | 997.0K | 1.0M | |
| Short Term Debt | 343M | 5.7B | 30.0M | 22M | 2.0M | 1.9M |
Becoming a Better Investor with Macroaxis
Macroaxis puts the power of mathematics on your side. We analyze your portfolios and positions such as Seadrill Limited using complex mathematical models and algorithms, but make them easy to understand. There is no real person involved in your portfolio analysis. We perform a number of calculations to compute absolute and relative portfolio volatility, correlation between your assets, value at risk, expected return as well as over 100 different fundamental and technical indicators.Build Optimal Portfolios
Align your risk with return expectations
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 tightly coupled with the direction of predictive economic indicators such as signals in metropolitan statistical area. You can also try the Options Analysis module to analyze and evaluate options and option chains as a potential hedge for your portfolios.
Complementary Tools for Seadrill Stock analysis
When running Seadrill's price analysis, check to measure Seadrill's 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 Seadrill is operating at the current time. Most of Seadrill's value examination focuses on studying past and present price action to predict the probability of Seadrill's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Seadrill's price. Additionally, you may evaluate how the addition of Seadrill to your portfolios can decrease your overall portfolio volatility.
| Portfolio Rebalancing Analyze risk-adjusted returns against different time horizons to find asset-allocation targets | |
| Earnings Calls Check upcoming earnings announcements updated hourly across public exchanges | |
| Pattern Recognition Use different Pattern Recognition models to time the market across multiple global exchanges | |
| Portfolio Diagnostics Use generated alerts and portfolio events aggregator to diagnose current holdings | |
| Idea Optimizer Use advanced portfolio builder with pre-computed micro ideas to build optimal portfolio | |
| Piotroski F Score Get Piotroski F Score based on the binary analysis strategy of nine different fundamentals | |
| Portfolio Analyzer Portfolio analysis module that provides access to portfolio diagnostics and optimization engine | |
| Money Managers Screen money managers from public funds and ETFs managed around the world | |
| Risk-Return Analysis View associations between returns expected from investment and the risk you assume | |
| Performance Analysis Check effects of mean-variance optimization against your current asset allocation |
Is Seadrill's industry 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 (0.02) | Earnings Share 4.1 | Revenue Per Share 20.34 | Quarterly Revenue Growth 0.328 | Return On Assets 0.0689 |
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.