Shell Property Plant And Equipment Net vs Total Current Assets Analysis

SHEL Stock  USD 72.78  1.33  1.86%   
Shell PLC financial indicator trend analysis is much more than just breaking down Shell PLC ADR prevalent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Shell PLC ADR is a good investment. Please check the relationship between Shell PLC Property Plant And Equipment Net and its Total Current Assets accounts. Check out World Market Map to better understand how to build diversified portfolios, which includes a position in Shell PLC ADR. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in income.

Property Plant And Equipment Net vs Total Current Assets

Property Plant And Equipment Net vs Total Current Assets Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Shell PLC ADR Property Plant And Equipment Net account and Total Current Assets. At this time, the significance of the direction appears to have fragmental relationship.
The correlation between Shell PLC's Property Plant And Equipment Net and Total Current Assets is 0.46. Overlapping area represents the amount of variation of Property Plant And Equipment Net that can explain the historical movement of Total Current Assets in the same time period over historical financial statements of Shell PLC ADR, assuming nothing else is changed. The correlation between historical values of Shell PLC's Property Plant And Equipment Net 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 Property Plant And Equipment Net of Shell PLC ADR 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 Property Plant And Equipment Net i.e., Shell PLC's Property Plant And Equipment Net and Total Current Assets go up and down completely randomly.

Correlation Coefficient

0.46
Relationship DirectionPositive 
Relationship StrengthWeak

Property Plant And Equipment Net

The total value of a company's physical assets (such as land, buildings, and equipment) used in operations, net of depreciation. It reflects the company's investment in assets used for production.

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 Shell PLC's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Shell PLC ADR 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 Shell PLC ADR. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in income.
At this time, Shell PLC's Enterprise Value Over EBITDA is quite stable compared to the past year. Enterprise Value Multiple is expected to rise to 10.51 this year, although the value of Tax Provision will most likely fall to about 9.6 B.
 2021 2022 2023 2024 (projected)
EBITDA54.4B89.7B47.2B52.5B
Research Development815M1.1B1.3B982.4M

Shell PLC fundamental ratios Correlations

0.750.210.740.950.91-0.040.620.530.540.940.220.54-0.840.00.850.730.970.780.31-0.15-0.520.480.780.720.44
0.75-0.20.240.550.820.30.92-0.040.540.83-0.330.54-0.40.00.970.230.840.360.71-0.59-0.120.430.310.390.73
0.21-0.20.250.370.17-0.75-0.310.20.250.160.470.25-0.380.28-0.040.240.080.24-0.390.37-0.560.220.650.09-0.01
0.740.240.250.730.430.060.060.820.460.480.380.46-0.770.270.350.930.70.97-0.10.0-0.480.540.640.930.03
0.950.550.370.730.87-0.270.460.60.360.890.440.36-0.88-0.120.680.780.840.720.160.13-0.610.320.890.620.28
0.910.820.170.430.87-0.160.790.30.360.990.120.36-0.72-0.230.90.480.870.460.49-0.13-0.490.260.710.420.47
-0.040.3-0.750.06-0.27-0.160.27-0.190.27-0.12-0.710.270.220.360.13-0.020.130.130.4-0.710.420.41-0.440.280.33
0.620.92-0.310.060.460.790.27-0.10.230.78-0.320.23-0.27-0.180.870.160.690.110.81-0.460.010.210.190.190.67
0.53-0.040.20.820.60.3-0.19-0.10.090.340.680.09-0.7-0.140.110.80.440.69-0.310.37-0.470.130.490.69-0.4
0.540.540.250.460.360.360.270.230.090.39-0.31.0-0.440.610.560.240.630.620.13-0.6-0.350.850.380.570.5
0.940.830.160.480.890.99-0.120.780.340.390.160.39-0.75-0.20.910.540.910.520.46-0.12-0.470.310.710.470.5
0.22-0.330.470.380.440.12-0.71-0.320.68-0.30.16-0.3-0.42-0.38-0.150.440.050.26-0.560.85-0.37-0.350.440.11-0.47
0.540.540.250.460.360.360.270.230.091.00.39-0.3-0.440.610.560.240.620.620.13-0.6-0.350.850.380.570.5
-0.84-0.4-0.38-0.77-0.88-0.720.22-0.27-0.7-0.44-0.75-0.42-0.440.09-0.56-0.74-0.76-0.74-0.04-0.170.86-0.33-0.88-0.6-0.01
0.00.00.280.27-0.12-0.230.36-0.18-0.140.61-0.2-0.380.610.09-0.040.130.080.36-0.07-0.510.080.780.030.410.41
0.850.97-0.040.350.680.90.130.870.110.560.91-0.150.56-0.56-0.040.320.910.460.56-0.45-0.30.440.480.440.65
0.730.230.240.930.780.48-0.020.160.80.240.540.440.24-0.740.130.320.650.840.020.12-0.40.410.650.830.05
0.970.840.080.70.840.870.130.690.440.630.910.050.62-0.760.080.910.650.770.39-0.34-0.440.570.650.740.51
0.780.360.240.970.720.460.130.110.690.620.520.260.62-0.740.360.460.840.77-0.08-0.15-0.450.650.640.940.18
0.310.71-0.39-0.10.160.490.40.81-0.310.130.46-0.560.13-0.04-0.070.560.020.39-0.08-0.550.170.08-0.050.050.55
-0.15-0.590.370.00.13-0.13-0.71-0.460.37-0.6-0.120.85-0.6-0.17-0.51-0.450.12-0.34-0.15-0.55-0.29-0.620.25-0.33-0.58
-0.52-0.12-0.56-0.48-0.61-0.490.420.01-0.47-0.35-0.47-0.37-0.350.860.08-0.3-0.4-0.44-0.450.17-0.29-0.18-0.82-0.260.2
0.480.430.220.540.320.260.410.210.130.850.31-0.350.85-0.330.780.440.410.570.650.08-0.62-0.180.330.690.58
0.780.310.650.640.890.71-0.440.190.490.380.710.440.38-0.880.030.480.650.650.64-0.050.25-0.820.330.460.17
0.720.390.090.930.620.420.280.190.690.570.470.110.57-0.60.410.440.830.740.940.05-0.33-0.260.690.460.19
0.440.73-0.010.030.280.470.330.67-0.40.50.5-0.470.5-0.010.410.650.050.510.180.55-0.580.20.580.170.19
Click cells to compare fundamentals

Shell PLC Account Relationship Matchups

Shell PLC fundamental ratios Accounts

201920202021202220232024 (projected)
Total Assets404.3B379.3B404.4B443.0B406.3B321.5B
Short Long Term Debt Total96.4B108.0B89.1B83.8B81.5B50.0B
Other Current Liab37.3B1M(1M)33.0B47.5B49.9B
Total Current Liabilities79.6B74.0B95.5B121.3B95.5B84.5B
Total Stockholder Equity186.5B155.3B172.0B190.5B186.6B149.4B
Property Plant And Equipment Net238.3B210.8B194.9B198.6B194.8B159.1B
Current Deferred Revenue15.4B15.4B24.2B3.4B3.1B3.2B
Net Debt78.4B76.2B52.1B43.5B42.8B31.7B
Accounts Payable49.2B41.7B63.2B79.4B34.6B55.2B
Cash18.1B31.8B37.0B40.2B38.8B40.7B
Non Current Assets Total311.6B288.6B275.6B277.1B272.2B222.8B
Non Currrent Assets Other1M(1M)10.4B41.6B11.3B10.8B
Cash And Short Term Investments18.1B31.8B37.0B40.2B38.8B40.7B
Common Stock Shares Outstanding4.1B3.9B3.9B3.7B3.4B4.0B
Liabilities And Stockholders Equity404.3B379.3B404.4B443.0B406.3B321.5B
Non Current Liabilities Total134.2B146.8B133.5B129.1B122.4B84.4B
Inventory24.1B19.5B25.3B31.9B26.0B22.8B
Total Liab213.9B220.7B229.1B250.4B217.9B168.9B
Total Current Assets92.7B90.7B128.8B165.9B134.1B98.7B
Short Term Debt15.1B16.9B8.2B9.0B9.9B9.2B
Other Current Assets49.9B49.6B1M(1M)16.0B15.2B
Other Stockholder Equity13.4B12.0B18.3B20.4B(843M)(800.9M)
Property Plant And Equipment Gross238.3B210.8B436.8B435.0B455.1B477.8B
Retained Earnings172.4B142.6B153.0B169.5B203.2B167.6B
Net Receivables50.6B39.4B66.5B93.8B53.3B49.9B
Common Stock Total Equity696M685M657M651M748.7M640.4M
Accumulated Other Comprehensive Income(23.0B)(24.7B)(18.5B)(16.3B)(16.3B)(17.1B)
Intangible Assets9.3B8.7B9.8B9.7B10.3B7.2B
Common Stock657M651M641M584M544M516.8M
Good Will14.2B14.2B14.9B16.0B16.7B10.9B
Long Term Debt55.8B66.8B57.5B51.5B48.5B57.3B
Short Long Term Debt10.1B12.8B4.1B4.6B5.3B8.6B
Other Liab52.9B55.7B52.6B54.3B48.9B44.2B
Net Tangible Assets163.0B132.5B147.3B164.8B148.3B127.7B
Other Assets(1M)1M28.8B25.5B23.0B15.5B
Property Plant Equipment238.3B210.8B194.9B198.6B228.4B232.7B
Capital Lease Obligations30.5B28.4B27.5B27.6B27.7B25.6B

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When determining whether Shell PLC ADR is a strong investment it is important to analyze Shell PLC's 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 Shell PLC's future performance. For an informed investment choice regarding Shell 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 Shell PLC ADR. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in income.
Note that the Shell PLC ADR information on this page should be used as a complementary analysis to other Shell PLC's statistical models used to find the right mix of equity instruments to add to your existing portfolios or create a brand new portfolio. You can also try the Idea Analyzer module to analyze all characteristics, volatility and risk-adjusted return of Macroaxis ideas.

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When running Shell PLC's price analysis, check to measure Shell PLC'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 Shell PLC is operating at the current time. Most of Shell PLC's value examination focuses on studying past and present price action to predict the probability of Shell PLC's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Shell PLC's price. Additionally, you may evaluate how the addition of Shell PLC to your portfolios can decrease your overall portfolio volatility.
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Is Shell PLC'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 Shell PLC. If investors know Shell 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 Shell PLC 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
(0.1)
Dividend Share
1.35
Earnings Share
5.46
Revenue Per Share
91.366
Quarterly Revenue Growth
(0.17)
The market value of Shell PLC ADR is measured differently than its book value, which is the value of Shell that is recorded on the company's balance sheet. Investors also form their own opinion of Shell PLC's value that differs from its market value or its book value, called intrinsic value, which is Shell PLC'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 Shell PLC's market value can be influenced by many factors that don't directly affect Shell PLC'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 Shell PLC's value and its price as these two are different measures arrived at by different means. Investors typically determine if Shell PLC is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Shell PLC'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.