Nabors Short Long Term Debt Total vs Net Debt Analysis
NBR Stock | USD 74.35 1.07 1.46% |
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 Total and its Net Debt 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 Total vs Net Debt
Short Long Term Debt Total vs Net Debt 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 Total account and Net Debt. At this time, the significance of the direction appears to have almost identical trend.
The correlation between Nabors Industries' Short Long Term Debt Total and Net Debt is 0.97. Overlapping area represents the amount of variation of Short Long Term Debt Total that can explain the historical movement of Net Debt 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 Total and Net 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 Short Long Term Debt Total of Nabors Industries are associated (or correlated) with its Net Debt. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Net Debt has no effect on the direction of Short Long Term Debt Total i.e., Nabors Industries' Short Long Term Debt Total and Net Debt go up and down completely randomly.
Correlation Coefficient | 0.97 |
Relationship Direction | Positive |
Relationship Strength | Very Strong |
Short Long Term Debt Total
Net Debt
The total debt of a company minus its cash and cash equivalents. It represents the actual debt burden on the company after accounting for the liquid assets it holds.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 05/09/2024, 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 |
Nabors Industries fundamental ratios Correlations
Click cells to compare fundamentals
Nabors Industries Account Relationship Matchups
High Positive Relationship
High Negative Relationship
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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Try AI Portfolio ArchitectCheck 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 Analyst Advice module to analyst recommendations and target price estimates broken down by several categories.
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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 (14.42) | 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.