Overseas Total Current Assets vs Total Assets Analysis
OSG Stock | USD 8.42 1.56 22.74% |
Overseas Shipholding financial indicator trend analysis is much more than just breaking down Overseas Shipholding prevalent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Overseas Shipholding is a good investment. Please check the relationship between Overseas Shipholding Total Current Assets and its Total Assets accounts. Check out Your Equity Center to better understand how to build diversified portfolios, which includes a position in Overseas Shipholding Group. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in state.
Total Current Assets vs Total Assets
Total Current Assets vs Total Assets Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Overseas Shipholding Total Current Assets account and Total Assets. At this time, the significance of the direction appears to have almost identical trend.
The correlation between Overseas Shipholding's Total Current Assets and Total Assets is 0.9. Overlapping area represents the amount of variation of Total Current Assets that can explain the historical movement of Total Assets in the same time period over historical financial statements of Overseas Shipholding Group, assuming nothing else is changed. The correlation between historical values of Overseas Shipholding's Total Current Assets and Total Assets 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 Overseas Shipholding Group are associated (or correlated) with its Total Assets. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Total Assets has no effect on the direction of Total Current Assets i.e., Overseas Shipholding's Total Current Assets and Total Assets go up and down completely randomly.
Correlation Coefficient | 0.9 |
Relationship Direction | Positive |
Relationship Strength | Very Strong |
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.Total Assets
Total assets refers to the total amount of Overseas Shipholding assets owned. Assets are items that have some economic value and are expended over time to create a benefit for the owner. These assets are usually recorded in Overseas Shipholding books under different categories such as cash, marketable securities, accounts receivable,prepaid expenses, inventory, fixed assets, intangible assets, other assets, marketable securities, accounts receivable, prepaid expenses and others. The total value of all owned resources that are expected to provide future economic benefits to the business, including cash, investments, accounts receivable, inventory, property, plant, equipment, and intangible assets.Most indicators from Overseas Shipholding's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Overseas Shipholding 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 Equity Center to better understand how to build diversified portfolios, which includes a position in Overseas Shipholding Group. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in state. At this time, Overseas Shipholding's Enterprise Value Over EBITDA is most likely to drop slightly in the upcoming years. The Overseas Shipholding's current Enterprise Value Multiple is estimated to increase to 9.69, while Discontinued Operations is forecasted to increase to (250.1 M).
2021 | 2022 | 2023 | 2024 (projected) | Cost Of Revenue | 358.9M | 376.6M | 326.7M | 394.9M | EBITDA | 39.9M | 137.2M | 169.2M | 193.0M |
Overseas Shipholding fundamental ratios Correlations
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Overseas Shipholding Account Relationship Matchups
High Positive Relationship
High Negative Relationship
Overseas Shipholding fundamental ratios Accounts
2019 | 2020 | 2021 | 2022 | 2023 | 2024 (projected) | ||
Total Assets | 1.2B | 1.2B | 1.1B | 1.1B | 1.1B | 1.0B | |
Short Long Term Debt Total | 705.3M | 692.2M | 640.9M | 657.1M | 573.9M | 1.1B | |
Other Current Liab | (11.6M) | (8.7M) | 22.1M | 27.2M | 40.0M | 37.6M | |
Total Current Liabilities | 161.5M | 181.6M | 176.1M | 145.9M | 169.5M | 135.6M | |
Total Stockholder Equity | 341.5M | 379.8M | 338.6M | 339.7M | 354.1M | 336.4M | |
Property Plant And Equipment Net | 1.0B | 1.0B | 913.8M | 933.0M | 871.7M | 1.6B | |
Net Debt | 663.7M | 622.6M | 557.7M | 578.3M | 497.6M | 924.0M | |
Retained Earnings | (243.3M) | (213.3M) | (259.6M) | (233.0M) | (174.8M) | (166.1M) | |
Cash | 41.5M | 69.7M | 83.2M | 78.7M | 76.3M | 72.4M | |
Non Current Assets Total | 1.1B | 1.1B | 1.0B | 1.0B | 964.3M | 916.1M | |
Non Currrent Assets Other | 35.1M | 67.9M | 70.4M | (5.3M) | 34.3M | 32.6M | |
Cash And Short Term Investments | 41.5M | 69.7M | 83.2M | 78.7M | 91.2M | 86.6M | |
Net Receivables | 13.5M | 15.3M | 22.3M | 26.9M | 20.9M | 19.9M | |
Common Stock Shares Outstanding | 89.7M | 90.8M | 90.6M | 91.4M | 81.2M | 85.3M | |
Liabilities And Stockholders Equity | 1.2B | 1.2B | 1.1B | 1.1B | 1.1B | 1.0B | |
Non Current Liabilities Total | 672.4M | 670.3M | 601.0M | 653.5M | 555.3M | 527.6M | |
Other Current Assets | 1.4M | 1.4M | 580K | 2.3M | 1.9M | 1.8M | |
Other Stockholder Equity | 590.4M | 592.6M | 594.4M | 568.4M | 520.0M | 546.0M | |
Total Liab | 833.9M | 851.9M | 777.1M | 799.4M | 724.8M | 1.4B | |
Property Plant And Equipment Gross | 1.0B | 1.0B | 913.8M | 933.0M | 1.3B | 1.7B | |
Total Current Assets | 57.5M | 88.7M | 108.9M | 108.3M | 114.6M | 108.9M | |
Accumulated Other Comprehensive Income | (6.4M) | (282K) | 2.9M | 3.4M | 4.0M | 4.2M | |
Short Term Debt | 125.7M | 133.5M | 126.2M | 91.0M | 108.6M | 114.0M | |
Accounts Payable | 35.9M | 48.1M | 9.5M | 6.0M | 5.2M | 4.9M | |
Common Stock Total Equity | 857K | 864K | 872K | 883K | 794.7K | 755.0K | |
Common Stock | 857K | 864K | 872K | 883K | 895K | 850.3K | |
Other Liab | 92.8M | 111.6M | 86.3M | 87.4M | 100.5M | 95.5M | |
Other Assets | 58.9M | 1.1B | 70.4M | 64.9M | 74.7M | 70.9M | |
Long Term Debt | 336.5M | 390.2M | 422.5M | 399.6M | 357.4M | 694.7M | |
Property Plant Equipment | 1.0B | 1.0B | 913.8M | 933.0M | 839.7M | 1.4B | |
Inventory | 1.2M | 2.3M | 2.9M | 2.3M | 1.9M | 1.8M | |
Current Deferred Revenue | 11.6M | 8.7M | 18.3M | 21.8M | 15.8M | 14.4M | |
Intangible Assets | 31.8M | 27.2M | 22.6M | 18.0M | 13.4M | 12.7M | |
Net Tangible Assets | 309.7M | 352.6M | 316.0M | 321.7M | 289.5M | 471.8M | |
Retained Earnings Total Equity | (243.3M) | (213.3M) | (259.6M) | (233.0M) | (209.7M) | (199.2M) | |
Long Term Debt Total | 360.1M | 390.2M | 422.5M | 399.6M | 359.7M | 565.8M | |
Capital Surpluse | 590.4M | 592.6M | 594.4M | 597.5M | 537.7M | 589.6M | |
Deferred Long Term Liab | 23.7M | 81.0M | 63.7M | 70.2M | 63.2M | 66.1M |
Currently Active Assets on Macroaxis
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Check out Your Equity Center to better understand how to build diversified portfolios, which includes a position in Overseas Shipholding Group. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in state. You can also try the Theme Ratings module to determine theme ratings based on digital equity recommendations. Macroaxis theme ratings are based on combination of fundamental analysis and risk-adjusted market performance.
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When running Overseas Shipholding's price analysis, check to measure Overseas Shipholding'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 Overseas Shipholding is operating at the current time. Most of Overseas Shipholding's value examination focuses on studying past and present price action to predict the probability of Overseas Shipholding's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Overseas Shipholding's price. Additionally, you may evaluate how the addition of Overseas Shipholding to your portfolios can decrease your overall portfolio volatility.
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Is Overseas Shipholding'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 Overseas Shipholding. If investors know Overseas 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 Overseas Shipholding 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 0.357 | Dividend Share 0.12 | Earnings Share 0.82 | Revenue Per Share 5.998 | Quarterly Revenue Growth 0.033 |
The market value of Overseas Shipholding is measured differently than its book value, which is the value of Overseas that is recorded on the company's balance sheet. Investors also form their own opinion of Overseas Shipholding's value that differs from its market value or its book value, called intrinsic value, which is Overseas Shipholding'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 Overseas Shipholding's market value can be influenced by many factors that don't directly affect Overseas Shipholding'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 Overseas Shipholding's value and its price as these two are different measures arrived at by different means. Investors typically determine if Overseas Shipholding is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Overseas Shipholding'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.