WTI Total Current Assets vs Short Long Term Debt Total Analysis

WTI Stock  USD 2.23  0.02  0.90%   
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 Total Current Assets and its Short Long Term Debt Total 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.

Total Current Assets vs Short Long Term Debt Total

Total Current Assets vs Short Long Term Debt Total Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of WT Offshore Total Current Assets account and Short Long Term Debt Total. At this time, the significance of the direction appears to have no relationship.
The correlation between WT Offshore's Total Current Assets and Short Long Term Debt Total is 0.01. Overlapping area represents the amount of variation of Total Current Assets that can explain the historical movement of Short Long Term Debt Total 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 Total Current Assets and Short Long Term Debt Total 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 Current Assets of WT Offshore are associated (or correlated) with its Short Long Term Debt Total. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Short Long Term Debt Total has no effect on the direction of Total Current Assets i.e., WT Offshore's Total Current Assets and Short Long Term Debt Total go up and down completely randomly.

Correlation Coefficient

0.01
Relationship DirectionPositive 
Relationship StrengthInsignificant

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.

Short Long Term Debt Total

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
Click cells to compare fundamentals

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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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 Financial Widgets module to easily integrated Macroaxis content with over 30 different plug-and-play financial widgets.

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When running WT Offshore's price analysis, check to measure WT Offshore'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 WT Offshore is operating at the current time. Most of WT Offshore's value examination focuses on studying past and present price action to predict the probability of WT Offshore's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move WT Offshore's price. Additionally, you may evaluate how the addition of WT Offshore to your portfolios can decrease your overall portfolio volatility.
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Is WT Offshore'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 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.