WTI Property Plant Equipment vs Long Term Debt Analysis

WTI Stock  USD 2.17  0.06  2.69%   
WT Offshore financial indicator trend analysis is more than just analyzing WT Offshore current accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether WT Offshore is a good investment. Please check the relationship between WT Offshore Property Plant Equipment and its Long Term Debt accounts. Check out Your Current Watchlist to better understand how to build diversified portfolios, which includes a position in WT Offshore. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in estimate.
For more detail on how to invest in WTI Stock please use our How to Invest in WT Offshore guide.

Property Plant Equipment vs Long Term Debt

Property Plant Equipment vs Long Term Debt Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of WT Offshore Property Plant Equipment account and Long Term Debt. At this time, the significance of the direction appears to have strong relationship.
The correlation between WT Offshore's Property Plant Equipment and Long Term Debt is 0.67. Overlapping area represents the amount of variation of Property Plant Equipment that can explain the historical movement of Long Term Debt in the same time period over historical financial statements of WT Offshore, assuming nothing else is changed. The correlation between historical values of WT Offshore's Property Plant Equipment and Long Term Debt 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 Equipment of WT Offshore are associated (or correlated) with its Long Term Debt. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Long Term Debt has no effect on the direction of Property Plant Equipment i.e., WT Offshore's Property Plant Equipment and Long Term Debt go up and down completely randomly.

Correlation Coefficient

0.67
Relationship DirectionPositive 
Relationship StrengthSignificant

Property Plant Equipment

Long Term Debt

Long-term debt is a debt that WT Offshore has held for over one year. Long-term debt appears on WT Offshore balance sheet and also includes long-term leases. The most common forms of long term debt are bonds payable, long-term notes payable, mortgage payable, pension liabilities, and lease liabilities. In the corporate world, long-term debt is generally used to fund big-ticket items, such as machinery, buildings, and land. The total of long-term debt reported on WT Offshore balance sheet is the sum of the balances of all categories of long-term debt. Debt that is not due within the current year and is often considered to be financing activities that are to be repaid over several years.
Most indicators from WT Offshore's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into WT Offshore 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 Your Current Watchlist to better understand how to build diversified portfolios, which includes a position in WT Offshore. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in estimate.
For more detail on how to invest in WTI Stock please use our How to Invest in WT Offshore guide.As of now, WT Offshore's Enterprise Value Multiple is decreasing as compared to previous years.
 2021 2022 2023 2024 (projected)
Gross Profit416.6M527.8M391.7M354.3M
Total Revenue558.0M921.0M532.7M690.9M

WT Offshore fundamental ratios Correlations

0.75-0.36-0.430.220.810.70.220.360.970.620.630.8-0.130.97-0.470.61-0.130.68-0.460.730.210.20.190.14-0.46
0.75-0.2-0.51-0.190.210.10.180.210.780.140.970.46-0.210.77-0.540.08-0.210.540.10.170.230.010.25-0.010.1
-0.36-0.20.37-0.4-0.35-0.36-0.22-0.27-0.34-0.29-0.2-0.53-0.02-0.320.13-0.3-0.02-0.450.09-0.28-0.13-0.25-0.12-0.220.09
-0.43-0.510.37-0.32-0.18-0.350.040.19-0.57-0.44-0.64-0.470.54-0.530.54-0.440.54-0.39-0.36-0.30.130.150.060.44-0.36
0.22-0.19-0.4-0.320.510.65-0.07-0.180.280.74-0.170.43-0.390.270.130.69-0.390.44-0.30.6-0.390.4-0.32-0.23-0.3
0.810.21-0.35-0.180.510.950.160.340.740.820.080.77-0.010.76-0.210.82-0.010.53-0.750.930.040.310.00.21-0.75
0.70.1-0.36-0.350.650.950.00.160.680.910.030.78-0.180.7-0.210.92-0.180.49-0.60.95-0.10.23-0.130.01-0.6
0.220.18-0.220.04-0.070.160.00.30.13-0.080.08-0.180.210.140.05-0.020.210.22-0.420.040.060.240.160.33-0.42
0.360.21-0.270.19-0.180.340.160.30.17-0.130.080.060.810.18-0.04-0.210.810.14-0.34-0.030.190.120.030.91-0.34
0.970.78-0.34-0.570.280.740.680.130.170.690.710.83-0.331.0-0.530.66-0.330.68-0.310.730.10.170.11-0.08-0.31
0.620.14-0.29-0.440.740.820.91-0.08-0.130.690.120.77-0.470.7-0.220.95-0.470.51-0.430.91-0.330.29-0.32-0.31-0.43
0.630.97-0.2-0.64-0.170.080.030.080.080.710.120.41-0.30.69-0.560.05-0.30.470.320.070.13-0.040.14-0.150.32
0.80.46-0.53-0.470.430.770.78-0.180.060.830.770.41-0.330.83-0.430.77-0.330.51-0.30.820.20.250.11-0.11-0.3
-0.13-0.21-0.020.54-0.39-0.01-0.180.210.81-0.33-0.47-0.3-0.33-0.310.2-0.51.0-0.31-0.18-0.330.29-0.070.090.92-0.18
0.970.77-0.32-0.530.270.760.70.140.181.00.70.690.83-0.31-0.520.67-0.310.68-0.350.750.10.190.1-0.06-0.35
-0.47-0.540.130.540.13-0.21-0.210.05-0.04-0.53-0.22-0.56-0.430.2-0.52-0.230.2-0.1-0.14-0.23-0.10.16-0.220.19-0.14
0.610.08-0.3-0.440.690.820.92-0.02-0.210.660.950.050.77-0.50.67-0.23-0.50.47-0.480.96-0.150.22-0.1-0.33-0.48
-0.13-0.21-0.020.54-0.39-0.01-0.180.210.81-0.33-0.47-0.3-0.331.0-0.310.2-0.5-0.31-0.18-0.330.29-0.070.090.92-0.18
0.680.54-0.45-0.390.440.530.490.220.140.680.510.470.51-0.310.68-0.10.47-0.31-0.340.51-0.140.320.020.06-0.34
-0.460.10.09-0.36-0.3-0.75-0.6-0.42-0.34-0.31-0.430.32-0.3-0.18-0.35-0.14-0.48-0.18-0.34-0.64-0.11-0.34-0.18-0.361.0
0.730.17-0.28-0.30.60.930.950.04-0.030.730.910.070.82-0.330.75-0.230.96-0.330.51-0.640.010.260.02-0.13-0.64
0.210.23-0.130.13-0.390.04-0.10.060.190.1-0.330.130.20.290.1-0.1-0.150.29-0.14-0.110.01-0.280.860.31-0.11
0.20.01-0.250.150.40.310.230.240.120.170.29-0.040.25-0.070.190.160.22-0.070.32-0.340.26-0.28-0.380.15-0.34
0.190.25-0.120.06-0.320.0-0.130.160.030.11-0.320.140.110.090.1-0.22-0.10.090.02-0.180.020.86-0.380.14-0.18
0.14-0.01-0.220.44-0.230.210.010.330.91-0.08-0.31-0.15-0.110.92-0.060.19-0.330.920.06-0.36-0.130.310.150.14-0.36
-0.460.10.09-0.36-0.3-0.75-0.6-0.42-0.34-0.31-0.430.32-0.3-0.18-0.35-0.14-0.48-0.18-0.341.0-0.64-0.11-0.34-0.18-0.36
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WT Offshore Account Relationship Matchups

WT Offshore fundamental ratios Accounts

201920202021202220232024 (projected)
Total Assets1.0B940.6M1.2B1.4B1.1B1.5B
Total Stockholder Equity(249.4M)(208.3M)(247.2M)7.6M31.2M29.6M
Other Assets102.6M833.4M156.6M126.3M145.3M118.9M
Common Stock Shares Outstanding140.6M141.6M142.3M145.1M148.3M102.0M
Liabilities And Stockholders Equity1.0B940.6M1.2B1.4B1.1B1.5B
Other Stockholder Equity522.9M526.2M528.8M552.4M561.8M533.8M
Total Liab1.3B1.1B1.4B1.4B1.1B1.3B
Short Long Term Debt Total719.5M625.3M730.9M693.4M402.9M737.6M
Other Current Liab55.5M54.1M177.8M87.6M107.1M98.8M
Total Current Liabilities190.0M115M324.4M792.3M216.9M297.4M
Property Plant And Equipment Net748.8M686.9M665.3M735.2M759.6M910.4M
Net Debt687.1M581.6M485.1M232.1M229.5M218.0M
Retained Earnings(772.2M)(734.5M)(775.9M)(544.8M)(530.7M)(504.1M)
Accounts Payable102.3M41.3M67.4M65.2M78.9M89.1M
Cash32.4M43.7M245.8M461.4M173.3M117.7M
Non Current Assets Total862.0M833.4M834.9M861.5M849.0M962.2M
Non Currrent Assets Other49.3M52.1M67.2M57.3M26.7M25.9M
Long Term Debt719.5M625.3M687.9M111.2M361.2M677.2M
Cash And Short Term Investments32.4M43.7M245.8M461.4M173.3M117.7M
Net Receivables78.6M49.7M64.7M80.1M69.8M88.2M
Non Current Liabilities Total1.1B1.0B1.1B631.8M866.0M1.1B
Other Current Assets30.7M13.8M43.4M24.3M6.8M6.4M
Property Plant And Equipment Gross756.7M698.4M665.3M735.2M9.0B9.4B
Total Current Assets141.8M107.2M358.3M570.3M265.0M270.2M
Property Plant Equipment748.8M686.9M665.3M735.2M661.7M924.8M
Other Liab339.2M397.2M416.8M510.1M586.6M344.2M
Current Deferred Revenue29.5M19.2M36.2M57.3M99K94.1K
Short Term Debt2.7M394K43.0M582.2M30.8M29.3M
Net Tangible Assets(249.4M)(208.3M)(247.2M)7.6M6.9M7.2M
Retained Earnings Total Equity(772.2M)(734.5M)(775.9M)(544.8M)(490.3M)(514.8M)
Long Term Debt Total719.5M625.3M687.9M111.2M100.1M95.1M
Capital Surpluse547.1M550.3M552.9M576.6M663.1M548.0M
Deferred Long Term Liab7.2M128K113K72K64.8K61.6K
Non Current Liabilities Other343.6M408.5M428.0M520.6M23.9M22.7M

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Additional Information and Resources on Investing in WTI Stock

When determining whether WT Offshore offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of WT Offshore's financial statements, including income statements, balance sheets, and cash flow statements, to assess its financial health. Key financial ratios are used to gauge profitability, efficiency, and growth potential of Wt Offshore Stock. Outlined below are crucial reports that will aid in making a well-informed decision on Wt Offshore Stock:
Check out Your Current Watchlist to better understand how to build diversified portfolios, which includes a position in WT Offshore. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in estimate.
For more detail on how to invest in WTI Stock please use our How to Invest in WT Offshore guide.
You can also try the Competition Analyzer module to analyze and compare many basic indicators for a group of related or unrelated entities.
Is Oil & Gas Exploration & Production 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 WT Offshore. If investors know WTI 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 WT Offshore 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
(0.98)
Dividend Share
0.02
Earnings Share
(0.15)
Revenue Per Share
3.695
Quarterly Revenue Growth
0.069
The market value of WT Offshore is measured differently than its book value, which is the value of WTI that is recorded on the company's balance sheet. Investors also form their own opinion of WT Offshore's value that differs from its market value or its book value, called intrinsic value, which is WT Offshore'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 WT Offshore's market value can be influenced by many factors that don't directly affect WT Offshore'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 WT Offshore's value and its price as these two are different measures arrived at by different means. Investors typically determine if WT Offshore is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, WT Offshore'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.