Seadrill Accounts Payable vs Common Stock Analysis

SDRL Stock  USD 52.19  0.19  0.36%   
Seadrill financial indicator trend analysis is much more than just breaking down Seadrill Limited prevalent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Seadrill Limited is a good investment. Please check the relationship between Seadrill Accounts Payable and its Common Stock accounts. Check out World Market Map to better understand how to build diversified portfolios, which includes a position in Seadrill Limited. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in metropolitan statistical area.

Accounts Payable vs Common Stock

Accounts Payable vs Common Stock Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Seadrill Limited Accounts Payable account and Common Stock. At this time, the significance of the direction appears to have fragmental relationship.
The correlation between Seadrill's Accounts Payable and Common Stock is 0.52. Overlapping area represents the amount of variation of Accounts Payable that can explain the historical movement of Common Stock in the same time period over historical financial statements of Seadrill Limited, assuming nothing else is changed. The correlation between historical values of Seadrill's Accounts Payable 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 Accounts Payable of Seadrill Limited 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 Accounts Payable i.e., Seadrill's Accounts Payable and Common Stock go up and down completely randomly.

Correlation Coefficient

0.52
Relationship DirectionPositive 
Relationship StrengthWeak

Accounts Payable

An accounting item on the balance sheet that represents Seadrill obligation to pay off a short-term debt to its creditors. The accounts payable entry is usually reported under current liabilities. If accounts payable of Seadrill Limited are not paid within the agreed terms, the payables are considered to be in default, which may trigger a penalty or interest payment, or the revocation of additional credit from the supplier. Accounts payable may also be considered a source of cash, since they represent funds being borrowed from suppliers. Given these cash flow considerations, suppliers have a natural inclination to push for shorter payment terms, while creditors want to lengthen the payment terms. The amount a company owes to suppliers or vendors for products or services received but not yet paid for. It represents the company's short-term liabilities.

Common Stock

Most indicators from Seadrill's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Seadrill Limited 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 World Market Map to better understand how to build diversified portfolios, which includes a position in Seadrill Limited. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in metropolitan statistical area.
At this time, Seadrill's Tax Provision is quite stable compared to the past year. Discontinued Operations is expected to rise to about 6 M this year, although the value of Selling General Administrative will most likely fall to about 63.3 M.
 2021 2022 2023 2024 (projected)
Interest Expense108M91M59M56.1M
Depreciation And Amortization127M152M160.9M152.8M

Seadrill fundamental ratios Correlations

0.90.550.470.99-0.480.550.620.191.0-0.960.80.530.430.950.640.94-0.840.960.910.940.790.860.9-0.31-0.36
0.90.670.430.9-0.560.560.46-0.060.9-0.920.650.270.520.850.710.76-0.860.840.780.880.630.740.77-0.26-0.27
0.550.67-0.190.53-0.06-0.110.1-0.180.55-0.590.570.020.310.510.50.39-0.470.660.410.550.620.420.440.54-0.31
0.470.43-0.190.42-0.470.910.630.490.44-0.380.430.59-0.230.360.080.36-0.580.220.590.340.070.410.36-0.74-0.06
0.990.90.530.42-0.510.530.60.151.0-0.970.740.490.50.950.650.94-0.830.950.880.950.780.850.89-0.32-0.35
-0.48-0.56-0.06-0.47-0.51-0.75-0.290.2-0.50.65-0.150.01-0.29-0.5-0.48-0.290.74-0.28-0.28-0.650.07-0.4-0.360.56-0.02
0.550.56-0.110.910.53-0.750.590.220.53-0.560.380.38-0.010.480.290.41-0.770.290.550.520.030.430.45-0.790.13
0.620.460.10.630.6-0.290.590.490.61-0.540.550.57-0.080.54-0.040.58-0.610.50.660.520.460.450.54-0.4-0.25
0.19-0.06-0.180.490.150.20.220.490.16-0.010.270.92-0.560.17-0.490.19-0.070.090.450.040.320.280.25-0.18-0.28
1.00.90.550.441.0-0.50.530.610.16-0.970.770.50.470.960.650.94-0.840.960.90.950.80.860.9-0.31-0.36
-0.96-0.92-0.59-0.38-0.970.65-0.56-0.54-0.01-0.97-0.7-0.35-0.5-0.94-0.71-0.850.9-0.9-0.79-0.98-0.68-0.82-0.850.280.29
0.80.650.570.430.74-0.150.380.550.270.77-0.70.530.030.650.510.73-0.680.80.780.620.680.570.620.01-0.31
0.530.270.020.590.490.010.380.570.920.5-0.350.53-0.270.49-0.110.52-0.320.440.750.360.560.560.55-0.29-0.4
0.430.520.31-0.230.5-0.29-0.01-0.08-0.560.47-0.50.03-0.270.480.730.53-0.190.520.270.480.330.40.44-0.18-0.18
0.950.850.510.360.95-0.50.480.540.170.96-0.940.650.490.480.590.89-0.80.910.870.960.810.920.97-0.3-0.31
0.640.710.50.080.65-0.480.29-0.04-0.490.65-0.710.51-0.110.730.590.61-0.540.670.460.630.340.510.52-0.16-0.15
0.940.760.390.360.94-0.290.410.580.190.94-0.850.730.520.530.890.61-0.640.950.870.830.830.810.88-0.35-0.35
-0.84-0.86-0.47-0.58-0.830.74-0.77-0.61-0.07-0.840.9-0.68-0.32-0.19-0.8-0.54-0.64-0.7-0.7-0.87-0.46-0.65-0.720.360.03
0.960.840.660.220.95-0.280.290.50.090.96-0.90.80.440.520.910.670.95-0.70.850.880.890.810.87-0.09-0.39
0.910.780.410.590.88-0.280.550.660.450.9-0.790.780.750.270.870.460.87-0.70.850.770.790.850.88-0.35-0.41
0.940.880.550.340.95-0.650.520.520.040.95-0.980.620.360.480.960.630.83-0.870.880.770.710.830.87-0.29-0.3
0.790.630.620.070.780.070.030.460.320.8-0.680.680.560.330.810.340.83-0.460.890.790.710.740.820.09-0.44
0.860.740.420.410.85-0.40.430.450.280.86-0.820.570.560.40.920.510.81-0.650.810.850.830.740.93-0.29-0.41
0.90.770.440.360.89-0.360.450.540.250.9-0.850.620.550.440.970.520.88-0.720.870.880.870.820.93-0.31-0.27
-0.31-0.260.54-0.74-0.320.56-0.79-0.4-0.18-0.310.280.01-0.29-0.18-0.3-0.16-0.350.36-0.09-0.35-0.290.09-0.29-0.31-0.08
-0.36-0.27-0.31-0.06-0.35-0.020.13-0.25-0.28-0.360.29-0.31-0.4-0.18-0.31-0.15-0.350.03-0.39-0.41-0.3-0.44-0.41-0.27-0.08
Click cells to compare fundamentals

Seadrill Account Relationship Matchups

Seadrill fundamental ratios Accounts

201920202021202220232024 (projected)
Total Assets9.3B4.0B2.9B2.8B4.2B4.0B
Other Current Liab295M285M234M286.9M302.1M287.0M
Total Current Liabilities770M6.5B293M404M387.8M368.5M
Total Stockholder Equity1.6B(3.1B)1.6B1.7B3.0B1.7B
Property Plant And Equipment Net6.4B2.1B1.8B1.7B2.9B2.7B
Net Debt5.3B5.6B533M38M(115.7M)(109.9M)
Retained Earnings(1.9B)(6.6B)1.6B201M499.5M368.0M
Accounts Payable86M45M59M76M52.8M64.2M
Cash1.1B491M375M480M725.8M684.1M
Non Current Assets Total7.5B2.9B2.0B1.9B3.1B2.9B
Non Currrent Assets Other1.1B45M174M155M96.7M101.5M
Cash And Short Term Investments1.1B491M375M480M725.8M788.2M
Common Stock Shares Outstanding505M301.4M100M50.0M74M70.3M
Short Term Investments124M57M11M121M108.9M150.6M
Non Current Liabilities Total6.7B556M1.0B695M843.5M801.3M
Other Stockholder Equity3.5B3.5B(10M)1.5B2.5B2.6B
Total Liab7.5B7.1B1.3B1.1B1.2B1.2B
Total Current Assets1.8B1.1B924M857M1.1B1.7B
Short Long Term Debt Total6.4B6.1B908M518M610.2M579.7M
Net Receivables173M210M169M164M297.1M186.4M
Liabilities And Stockholders Equity9.3B4.0B2.9B2.8B4.2B4.5B
Other Current Assets158M184M240M169M90.7M86.2M
Accumulated Other Comprehensive Income(13M)(26M)(15.0M)2M997.0K1.0M
Short Term Debt343M5.7B30.0M22M2.0M1.9M

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When determining whether Seadrill Limited is a strong investment it is important to analyze Seadrill's 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 Seadrill's future performance. For an informed investment choice regarding Seadrill Stock, refer to the following important reports:
Check out World Market Map to better understand how to build diversified portfolios, which includes a position in Seadrill Limited. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in metropolitan statistical area.
You can also try the Correlation Analysis module to reduce portfolio risk simply by holding instruments which are not perfectly correlated.

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Is Seadrill'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 Seadrill. If investors know Seadrill 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 Seadrill 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
(0.02)
Earnings Share
4.1
Revenue Per Share
20.34
Quarterly Revenue Growth
0.328
Return On Assets
0.0689
The market value of Seadrill Limited is measured differently than its book value, which is the value of Seadrill that is recorded on the company's balance sheet. Investors also form their own opinion of Seadrill's value that differs from its market value or its book value, called intrinsic value, which is Seadrill'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 Seadrill's market value can be influenced by many factors that don't directly affect Seadrill'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 Seadrill's value and its price as these two are different measures arrived at by different means. Investors typically determine if Seadrill is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Seadrill'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.