Nabors Other Current Liab vs Common Stock Analysis

NBR Stock

USD 77.20 0.96 1.26%

Nabors Industries financial indicator trend analysis is infinitely more than just investigating Nabors Industries recent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Nabors Industries is a good investment. Please check the relationship between Nabors Industries Other Current Liab and its Common Stock accounts. Check out Correlation Analysis to better understand how to build diversified portfolios, which includes a position in Nabors Industries. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in bureau of labor statistics.

To learn how to invest in Nabors Stock, please use our How to Invest in Nabors Industries guide.

Other Current Liab vs Common Stock

Other Current Liab vs Common Stock Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Nabors Industries Other Current Liab account and Common Stock. At this time, the significance of the direction appears to have strong contrarian relationship.

The correlation between Nabors Industries' Other Current Liab and Common Stock is -0.57. Overlapping area represents the amount of variation of Other Current Liab that can explain the historical movement of Common Stock in the same time period over historical financial statements of Nabors Industries, assuming nothing else is changed. The correlation between historical values of Nabors Industries' Other Current Liab and Common Stock is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Other Current Liab of Nabors Industries are associated (or correlated) with its Common Stock. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Common Stock has no effect on the direction of Other Current Liab i.e., Nabors Industries' Other Current Liab and Common Stock go up and down completely randomly.

Correlation Coefficient

-0.57

Relationship Direction	Negative
Relationship Strength	Very Weak

View All Relationships

Other Current Liab

Common Stock

Most indicators from Nabors Industries' fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Nabors Industries 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 Correlation Analysis to better understand how to build diversified portfolios, which includes a position in Nabors Industries. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in bureau of labor statistics.

To learn how to invest in Nabors Stock, please use our How to Invest in Nabors Industries guide.At this time, Nabors Industries' Selling General Administrative is relatively stable compared to the past year. As of 04/27/2024, Discontinued Operations is likely to grow to about 24.1 K, while Enterprise Value Over EBITDA is likely to drop 2.81.

	2021	2022	2023	2024 (projected)
Interest Expense	171.5M	177.9M	185.3M	130.6M
Depreciation And Amortization	693.4M	665.1M	645.3M	467.2M

Interest Expense Depreciation And Amortization

Nabors Industries fundamental ratios Correlations

	Total Assets	Short Long Term Debt Total	Other Current Liab	Total Current Liabilities	Total Stockholder Equity	Property Plant And Equipment Net	Net Debt	Retained Earnings	Cash	Non Current Assets Total	Non Currrent Assets Other	Cash And Short Term Investments	Net Receivables	Common Stock Shares Outstanding	Non Current Liabilities Total	Other Current Assets	Other Stockholder Equity	Total Liab	Property Plant And Equipment Gross	Total Current Assets	Short Term Debt	Inventory	Accounts Payable	Common Stock Total Equity	Short Term Investments	Intangible Assets
Total Assets		0.9	0.98	0.87	0.94	0.99	0.93	0.85	-0.06	0.99	-0.08	0.06	0.95	0.17	0.96	0.93	-0.03	0.97	0.73	0.92	-0.14	0.9	0.87	-0.61	0.67	0.72
Short Long Term Debt Total	0.9		0.86	0.82	0.76	0.88	0.97	0.61	0.11	0.9	0.26	0.19	0.76	0.48	0.97	0.82	0.33	0.97	0.85	0.82	-0.12	0.9	0.78	-0.82	0.45	0.44
Other Current Liab	0.98	0.86		0.91	0.93	0.96	0.89	0.83	-0.05	0.96	-0.14	0.06	0.95	0.19	0.92	0.92	-0.02	0.95	0.71	0.93	-0.09	0.9	0.89	-0.57	0.66	0.77
Total Current Liabilities	0.87	0.82	0.91		0.76	0.83	0.79	0.67	0.16	0.84	-0.06	0.21	0.88	0.28	0.81	0.74	0.03	0.89	0.69	0.89	0.21	0.85	0.91	-0.55	0.49	0.6
Total Stockholder Equity	0.94	0.76	0.93	0.76		0.96	0.84	0.97	-0.33	0.95	-0.21	-0.2	0.92	-0.09	0.86	0.94	-0.24	0.87	0.59	0.83	-0.32	0.78	0.77	-0.35	0.74	0.84
Property Plant And Equipment Net	0.99	0.88	0.96	0.83	0.96		0.94	0.88	-0.15	1.0	-0.06	-0.03	0.93	0.11	0.95	0.94	-0.07	0.95	0.7	0.87	-0.21	0.86	0.83	-0.58	0.63	0.71
Net Debt	0.93	0.97	0.89	0.79	0.84	0.94		0.72	-0.07	0.95	0.22	0.02	0.8	0.33	0.98	0.87	0.19	0.96	0.8	0.79	-0.21	0.87	0.78	-0.75	0.48	0.51
Retained Earnings	0.85	0.61	0.83	0.67	0.97	0.88	0.72		-0.48	0.86	-0.28	-0.36	0.86	-0.31	0.74	0.85	-0.44	0.75	0.46	0.72	-0.38	0.64	0.67	-0.14	0.7	0.85
Cash	-0.06	0.11	-0.05	0.16	-0.33	-0.15	-0.07	-0.48		-0.13	0.1	0.98	-0.07	0.55	0.0	-0.25	0.44	0.04	0.11	0.18	0.75	0.1	0.08	-0.42	-0.13	-0.29
Non Current Assets Total	0.99	0.9	0.96	0.84	0.95	1.0	0.95	0.86	-0.13		-0.02	-0.01	0.92	0.14	0.96	0.93	-0.04	0.96	0.73	0.87	-0.19	0.86	0.83	-0.61	0.62	0.7
Non Currrent Assets Other	-0.08	0.26	-0.14	-0.06	-0.21	-0.06	0.22	-0.28	0.1	-0.02		0.04	-0.3	0.48	0.08	-0.18	0.52	0.05	0.49	-0.25	0.0	-0.07	-0.17	-0.45	-0.43	-0.49
Cash And Short Term Investments	0.06	0.19	0.06	0.21	-0.2	-0.03	0.02	-0.36	0.98	-0.01	0.04		0.05	0.54	0.11	-0.12	0.41	0.14	0.18	0.31	0.7	0.2	0.14	-0.46	0.06	-0.16
Net Receivables	0.95	0.76	0.95	0.88	0.92	0.93	0.8	0.86	-0.07	0.92	-0.3	0.05		0.01	0.86	0.91	-0.19	0.89	0.58	0.94	-0.08	0.87	0.93	-0.41	0.71	0.78
Common Stock Shares Outstanding	0.17	0.48	0.19	0.28	-0.09	0.11	0.33	-0.31	0.55	0.14	0.48	0.54	0.01		0.34	0.11	0.92	0.34	0.57	0.23	0.21	0.4	0.21	-0.8	-0.16	-0.3
Non Current Liabilities Total	0.96	0.97	0.92	0.81	0.86	0.95	0.98	0.74	0.0	0.96	0.08	0.11	0.86	0.34		0.91	0.18	0.99	0.8	0.87	-0.22	0.91	0.83	-0.73	0.56	0.58
Other Current Assets	0.93	0.82	0.92	0.74	0.94	0.94	0.87	0.85	-0.25	0.93	-0.18	-0.12	0.91	0.11	0.91		0.0	0.9	0.65	0.87	-0.4	0.89	0.83	-0.47	0.69	0.75
Other Stockholder Equity	-0.03	0.33	-0.02	0.03	-0.24	-0.07	0.19	-0.44	0.44	-0.04	0.52	0.41	-0.19	0.92	0.18	0.0		0.14	0.41	0.03	0.04	0.26	0.02	-0.65	-0.28	-0.45
Total Liab	0.97	0.97	0.95	0.89	0.87	0.95	0.96	0.75	0.04	0.96	0.05	0.14	0.89	0.34	0.99	0.9	0.14		0.8	0.91	-0.12	0.93	0.88	-0.71	0.57	0.6
Property Plant And Equipment Gross	0.73	0.85	0.71	0.69	0.59	0.7	0.8	0.46	0.11	0.73	0.49	0.18	0.58	0.57	0.8	0.65	0.41	0.8		0.65	-0.12	0.7	0.65	-0.73	0.29	0.3
Total Current Assets	0.92	0.82	0.93	0.89	0.83	0.87	0.79	0.72	0.18	0.87	-0.25	0.31	0.94	0.23	0.87	0.87	0.03	0.91	0.65		0.04	0.92	0.9	-0.53	0.75	0.73
Short Term Debt	-0.14	-0.12	-0.09	0.21	-0.32	-0.21	-0.21	-0.38	0.75	-0.19	0.0	0.7	-0.08	0.21	-0.22	-0.4	0.04	-0.12	-0.12	0.04		-0.06	0.0	-0.12	-0.11	-0.16
Inventory	0.9	0.9	0.9	0.85	0.78	0.86	0.87	0.64	0.1	0.86	-0.07	0.2	0.87	0.4	0.91	0.89	0.26	0.93	0.7	0.92	-0.06		0.88	-0.66	0.62	0.58
Accounts Payable	0.87	0.78	0.89	0.91	0.77	0.83	0.78	0.67	0.08	0.83	-0.17	0.14	0.93	0.21	0.83	0.83	0.02	0.88	0.65	0.9	0.0	0.88		-0.5	0.52	0.6
Common Stock Total Equity	-0.61	-0.82	-0.57	-0.55	-0.35	-0.58	-0.75	-0.14	-0.42	-0.61	-0.45	-0.46	-0.41	-0.8	-0.73	-0.47	-0.65	-0.71	-0.73	-0.53	-0.12	-0.66	-0.5		-0.09	-0.01
Short Term Investments	0.67	0.45	0.66	0.49	0.74	0.63	0.48	0.7	-0.13	0.62	-0.43	0.06	0.71	-0.16	0.56	0.69	-0.28	0.57	0.29	0.75	-0.11	0.62	0.52	-0.09		0.87
Intangible Assets	0.72	0.44	0.77	0.6	0.84	0.71	0.51	0.85	-0.29	0.7	-0.49	-0.16	0.78	-0.3	0.58	0.75	-0.45	0.6	0.3	0.73	-0.16	0.58	0.6	-0.01	0.87

Click cells to compare fundamentals

Nabors Industries Account Relationship Matchups

Nabors Industries fundamental ratios Accounts

	2019	2020	2021	2022	2023	2024 (projected)
Total Assets	6.8B	5.5B	5.5B	4.7B	5.3B	5.7B
Short Long Term Debt Total	3.3B	3.0B	3.3B	2.5B	3.1B	2.3B
Other Current Liab	258.9M	224.8M	206.2M	237.8M	255.3M	219.0M
Total Current Liabilities	656.5M	515.5M	525.2M	596.4M	1.2B	708.6M
Total Stockholder Equity	2.0B	1.2B	590.7M	369.0M	326.6M	310.3M
Property Plant And Equipment Net	4.9B	4.0B	3.3B	3.0B	2.9B	3.8B
Net Debt	2.9B	2.5B	2.3B	2.1B	2.1B	1.9B
Retained Earnings	(104.8M)	(946.1M)	(1.5B)	(1.8B)	(1.9B)	(1.8B)
Cash	436.0M	472.2M	991.5M	451.0M	1.1B	1.1B
Non Current Assets Total	5.5B	4.4B	4.0B	3.7B	3.6B	4.4B
Non Currrent Assets Other	553.1M	139.1M	416.4M	445.8M	494.7M	280.1M
Cash And Short Term Investments	452.5M	481.7M	991.5M	452.3M	1.1B	1.1B
Net Receivables	453.0M	363.0M	287.6M	327.4M	347.8M	554.2M
Common Stock Shares Outstanding	7.0M	7.1M	7.6M	8.9M	9.2M	5.4M
Liabilities And Stockholders Equity	6.8B	5.5B	5.5B	4.7B	5.3B	5.7B
Non Current Liabilities Total	3.6B	3.3B	3.6B	2.9B	2.8B	2.5B
Other Current Assets	340.6M	270.2M	222.2M	220.9M	79.9M	75.9M
Other Stockholder Equity	2.1B	2.1B	2.1B	2.2B	2.2B	1.1B
Total Liab	4.3B	3.8B	4.1B	3.5B	4.0B	3.3B
Property Plant And Equipment Gross	13.2B	4.0B	12.3B	12.3B	12.6B	6.4B
Total Current Assets	1.2B	1.1B	1.5B	1.0B	1.6B	1.3B
Accumulated Other Comprehensive Income	(11.8M)	(11.1M)	(10.6M)	(11.0M)	(10.8M)	(10.3M)
Short Term Debt	13.5M	8.3M	5.4M	6.8M	635.0M	666.8M
Inventory	176.3M	160.6M	126.4M	127.9M	147.8M	103.0M
Accounts Payable	295.2M	220.9M	253.7M	314.0M	294.4M	278.2M
Common Stock Total Equity	416K	419K	466K	525K	472.5K	448.9K
Short Term Investments	16.5M	9.5M	17K	1.3M	12.7M	12.1M
Common Stock	416K	419K	466K	525K	527K	500.7K
Other Liab	261.9M	319.6M	343.1M	352.7M	405.7M	322.0M
Other Assets	506.4M	386.3M	675.1M	668.6M	768.9M	807.4M
Long Term Debt	3.3B	3.0B	3.3B	2.5B	2.5B	3.4B
Property Plant Equipment	4.9B	4.0B	3.3B	3.0B	3.5B	6.1B
Current Deferred Revenue	89.1M	61.5M	59.8M	37.8M	29.2M	27.8M
Noncontrolling Interest In Consolidated Entity	67.4M	105.4M	128.3M	167.8M	193.0M	202.7M
Retained Earnings Total Equity	(104.8M)	(946.1M)	(1.5B)	(1.8B)	(1.7B)	(1.6B)
Deferred Long Term Liab	3.1M	1.6M	2.8M	2.9M	2.6M	2.4M

Some investors attempt to determine whether the market's mood is bullish or bearish by monitoring changes in market sentiment. Unlike more traditional methods such as technical analysis, investor sentiment usually refers to the aggregate attitude towards Nabors Industries in the overall investment community. So, suppose investors can accurately measure the market's sentiment. In that case, they can use it for their benefit. For example, some tools to gauge market sentiment could be utilized using contrarian indexes, Nabors Industries' short interest history, or implied volatility extrapolated from Nabors Industries options trading.

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When determining whether Nabors Industries is a strong investment it is important to analyze Nabors Industries' 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 Nabors Industries' future performance. For an informed investment choice regarding Nabors Stock, refer to the following important reports:

How To Invest In Nabors

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Is Nabors Stock a good investment?

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What is Nabors Industries' Net Worth?

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Check out Correlation Analysis to better understand how to build diversified portfolios, which includes a position in Nabors Industries. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in bureau of labor statistics.

To learn how to invest in Nabors Stock, please use our How to Invest in Nabors Industries guide.

Note that the Nabors Industries information on this page should be used as a complementary analysis to other Nabors Industries' 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 Pattern Recognition module to use different Pattern Recognition models to time the market across multiple global exchanges.

Complementary Tools for Nabors Stock analysis

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

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Is Nabors Industries' 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 Nabors Industries. If investors know Nabors 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 Nabors Industries listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.

Earnings Share

(5.46)

Revenue Per Share

328.2

Quarterly Revenue Growth

(0.04)

Return On Assets

0.0337

Return On Equity

0.04

The market value of Nabors Industries is measured differently than its book value, which is the value of Nabors that is recorded on the company's balance sheet. Investors also form their own opinion of Nabors Industries' value that differs from its market value or its book value, called intrinsic value, which is Nabors Industries' 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 Nabors Industries' market value can be influenced by many factors that don't directly affect Nabors Industries' 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 Nabors Industries' value and its price as these two are different measures arrived at by different means. Investors typically determine if Nabors Industries is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Nabors Industries' 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.

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Nabors Other Current Liab vs Common Stock Analysis

Other Current Liab vs Common Stock

Other Current Liab vs Common Stock Correlation Analysis

Correlation Coefficient

Other Current Liab

Common Stock

Nabors Industries fundamental ratios Correlations

Nabors Industries Account Relationship Matchups

High Positive Relationship

High Negative Relationship

Nabors Industries fundamental ratios Accounts

Building efficient market-beating portfolios requires time, education, and a lot of computing power!

Complementary Tools for Nabors Stock analysis

COMMON DESTINATIONS

MAIN CATEGORIES

COMPANY

Non Current Assets Total	+ 1.0	Property Plant And Equipment Net
Property Plant And Equipment Net	+ 0.99	Total Assets
Non Current Assets Total	+ 0.99	Total Assets
Total Liab	+ 0.99	Non Current Liabilities Total
Other Current Liab	+ 0.98	Total Assets
Non Current Liabilities Total	+ 0.98	Net Debt

Common Stock Total Equity	- 0.82	Short Long Term Debt Total
Common Stock Total Equity	- 0.8	Common Stock Shares Outstanding
Common Stock Total Equity	- 0.75	Net Debt
Common Stock Total Equity	- 0.73	Property Plant And Equipment Gross
Common Stock Total Equity	- 0.73	Non Current Liabilities Total
Common Stock Total Equity	- 0.71	Total Liab