Nabors Short Long Term Debt vs Other Liab 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 Short Long Term Debt and its Other Liab 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.

Short Long Term Debt vs Other Liab

Short Long Term Debt vs Other Liab Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Nabors Industries Short Long Term Debt account and Other Liab. At this time, the significance of the direction appears to have significant contrarian relationship.
The correlation between Nabors Industries' Short Long Term Debt and Other Liab is -0.3. Overlapping area represents the amount of variation of Short Long Term Debt that can explain the historical movement of Other Liab 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' Short Long Term Debt and Other Liab is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Short Long Term Debt of Nabors Industries are associated (or correlated) with its Other Liab. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Other Liab has no effect on the direction of Short Long Term Debt i.e., Nabors Industries' Short Long Term Debt and Other Liab go up and down completely randomly.

Correlation Coefficient

-0.3
Relationship DirectionNegative 
Relationship StrengthInsignificant

Short Long Term Debt

The total of a company’s short-term and long-term borrowings.

Other Liab

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 Expense171.5M177.9M185.3M130.6M
Depreciation And Amortization693.4M665.1M645.3M467.2M

Nabors Industries fundamental ratios Correlations

0.90.980.870.940.990.930.85-0.060.99-0.080.060.950.170.960.93-0.030.970.730.92-0.140.90.87-0.610.670.72
0.90.860.820.760.880.970.610.110.90.260.190.760.480.970.820.330.970.850.82-0.120.90.78-0.820.450.44
0.980.860.910.930.960.890.83-0.050.96-0.140.060.950.190.920.92-0.020.950.710.93-0.090.90.89-0.570.660.77
0.870.820.910.760.830.790.670.160.84-0.060.210.880.280.810.740.030.890.690.890.210.850.91-0.550.490.6
0.940.760.930.760.960.840.97-0.330.95-0.21-0.20.92-0.090.860.94-0.240.870.590.83-0.320.780.77-0.350.740.84
0.990.880.960.830.960.940.88-0.151.0-0.06-0.030.930.110.950.94-0.070.950.70.87-0.210.860.83-0.580.630.71
0.930.970.890.790.840.940.72-0.070.950.220.020.80.330.980.870.190.960.80.79-0.210.870.78-0.750.480.51
0.850.610.830.670.970.880.72-0.480.86-0.28-0.360.86-0.310.740.85-0.440.750.460.72-0.380.640.67-0.140.70.85
-0.060.11-0.050.16-0.33-0.15-0.07-0.48-0.130.10.98-0.070.550.0-0.250.440.040.110.180.750.10.08-0.42-0.13-0.29
0.990.90.960.840.951.00.950.86-0.13-0.02-0.010.920.140.960.93-0.040.960.730.87-0.190.860.83-0.610.620.7
-0.080.26-0.14-0.06-0.21-0.060.22-0.280.1-0.020.04-0.30.480.08-0.180.520.050.49-0.250.0-0.07-0.17-0.45-0.43-0.49
0.060.190.060.21-0.2-0.030.02-0.360.98-0.010.040.050.540.11-0.120.410.140.180.310.70.20.14-0.460.06-0.16
0.950.760.950.880.920.930.80.86-0.070.92-0.30.050.010.860.91-0.190.890.580.94-0.080.870.93-0.410.710.78
0.170.480.190.28-0.090.110.33-0.310.550.140.480.540.010.340.110.920.340.570.230.210.40.21-0.8-0.16-0.3
0.960.970.920.810.860.950.980.740.00.960.080.110.860.340.910.180.990.80.87-0.220.910.83-0.730.560.58
0.930.820.920.740.940.940.870.85-0.250.93-0.18-0.120.910.110.910.00.90.650.87-0.40.890.83-0.470.690.75
-0.030.33-0.020.03-0.24-0.070.19-0.440.44-0.040.520.41-0.190.920.180.00.140.410.030.040.260.02-0.65-0.28-0.45
0.970.970.950.890.870.950.960.750.040.960.050.140.890.340.990.90.140.80.91-0.120.930.88-0.710.570.6
0.730.850.710.690.590.70.80.460.110.730.490.180.580.570.80.650.410.80.65-0.120.70.65-0.730.290.3
0.920.820.930.890.830.870.790.720.180.87-0.250.310.940.230.870.870.030.910.650.040.920.9-0.530.750.73
-0.14-0.12-0.090.21-0.32-0.21-0.21-0.380.75-0.190.00.7-0.080.21-0.22-0.40.04-0.12-0.120.04-0.060.0-0.12-0.11-0.16
0.90.90.90.850.780.860.870.640.10.86-0.070.20.870.40.910.890.260.930.70.92-0.060.88-0.660.620.58
0.870.780.890.910.770.830.780.670.080.83-0.170.140.930.210.830.830.020.880.650.90.00.88-0.50.520.6
-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
0.670.450.660.490.740.630.480.7-0.130.62-0.430.060.71-0.160.560.69-0.280.570.290.75-0.110.620.52-0.090.87
0.720.440.770.60.840.710.510.85-0.290.7-0.49-0.160.78-0.30.580.75-0.450.60.30.73-0.160.580.6-0.010.87
Click cells to compare fundamentals

Nabors Industries Account Relationship Matchups

Nabors Industries fundamental ratios Accounts

201920202021202220232024 (projected)
Total Assets6.8B5.5B5.5B4.7B5.3B5.7B
Short Long Term Debt Total3.3B3.0B3.3B2.5B3.1B2.3B
Other Current Liab258.9M224.8M206.2M237.8M255.3M219.0M
Total Current Liabilities656.5M515.5M525.2M596.4M1.2B708.6M
Total Stockholder Equity2.0B1.2B590.7M369.0M326.6M310.3M
Property Plant And Equipment Net4.9B4.0B3.3B3.0B2.9B3.8B
Net Debt2.9B2.5B2.3B2.1B2.1B1.9B
Retained Earnings(104.8M)(946.1M)(1.5B)(1.8B)(1.9B)(1.8B)
Cash436.0M472.2M991.5M451.0M1.1B1.1B
Non Current Assets Total5.5B4.4B4.0B3.7B3.6B4.4B
Non Currrent Assets Other553.1M139.1M416.4M445.8M494.7M280.1M
Cash And Short Term Investments452.5M481.7M991.5M452.3M1.1B1.1B
Net Receivables453.0M363.0M287.6M327.4M347.8M554.2M
Common Stock Shares Outstanding7.0M7.1M7.6M8.9M9.2M5.4M
Liabilities And Stockholders Equity6.8B5.5B5.5B4.7B5.3B5.7B
Non Current Liabilities Total3.6B3.3B3.6B2.9B2.8B2.5B
Other Current Assets340.6M270.2M222.2M220.9M79.9M75.9M
Other Stockholder Equity2.1B2.1B2.1B2.2B2.2B1.1B
Total Liab4.3B3.8B4.1B3.5B4.0B3.3B
Property Plant And Equipment Gross13.2B4.0B12.3B12.3B12.6B6.4B
Total Current Assets1.2B1.1B1.5B1.0B1.6B1.3B
Accumulated Other Comprehensive Income(11.8M)(11.1M)(10.6M)(11.0M)(10.8M)(10.3M)
Short Term Debt13.5M8.3M5.4M6.8M635.0M666.8M
Inventory176.3M160.6M126.4M127.9M147.8M103.0M
Accounts Payable295.2M220.9M253.7M314.0M294.4M278.2M
Common Stock Total Equity416K419K466K525K472.5K448.9K
Short Term Investments16.5M9.5M17K1.3M12.7M12.1M
Common Stock416K419K466K525K527K500.7K
Other Liab261.9M319.6M343.1M352.7M405.7M322.0M
Other Assets506.4M386.3M675.1M668.6M768.9M807.4M
Long Term Debt3.3B3.0B3.3B2.5B2.5B3.4B
Property Plant Equipment4.9B4.0B3.3B3.0B3.5B6.1B
Current Deferred Revenue89.1M61.5M59.8M37.8M29.2M27.8M
Noncontrolling Interest In Consolidated Entity67.4M105.4M128.3M167.8M193.0M202.7M
Retained Earnings Total Equity(104.8M)(946.1M)(1.5B)(1.8B)(1.7B)(1.6B)
Deferred Long Term Liab3.1M1.6M2.8M2.9M2.6M2.4M
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:
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 My Watchlist Analysis module to analyze my current watchlist and to refresh optimization strategy. Macroaxis watchlist is based on self-learning algorithm to remember stocks you like.

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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
(5.49)
Revenue Per Share
323.098
Quarterly Revenue Growth
(0.06)
Return On Assets
0.0343
Return On Equity
(0.02)
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.