Tenaris Short Term Investments vs Deferred Long Term Liab Analysis

TS Stock  USD 33.50  0.30  0.89%   
Tenaris SA financial indicator trend analysis is much more than just breaking down Tenaris SA ADR prevalent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Tenaris SA ADR is a good investment. Please check the relationship between Tenaris SA Short Term Investments and its Deferred Long Term Liab accounts. Check out World Market Map to better understand how to build diversified portfolios, which includes a position in Tenaris SA ADR. 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.

Short Term Investments vs Deferred Long Term Liab

Short Term Investments vs Deferred Long Term Liab Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Tenaris SA ADR Short Term Investments account and Deferred Long Term Liab. At this time, the significance of the direction appears to have almost no relationship.
The correlation between Tenaris SA's Short Term Investments and Deferred Long Term Liab is 0.1. Overlapping area represents the amount of variation of Short Term Investments that can explain the historical movement of Deferred Long Term Liab in the same time period over historical financial statements of Tenaris SA ADR, assuming nothing else is changed. The correlation between historical values of Tenaris SA's Short Term Investments and Deferred Long Term 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 Term Investments of Tenaris SA ADR are associated (or correlated) with its Deferred Long Term Liab. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Deferred Long Term Liab has no effect on the direction of Short Term Investments i.e., Tenaris SA's Short Term Investments and Deferred Long Term Liab go up and down completely randomly.

Correlation Coefficient

0.1
Relationship DirectionPositive 
Relationship StrengthInsignificant

Short Term Investments

Short Term Investments is an item under the current assets section of Tenaris SA balance sheet. It contains any investments Tenaris SA ADR undertook that will expire in less than one year. These accounts contain financial instruments such as stocks or bonds that Tenaris SA ADR can easily liquidate in the marketplace.

Deferred Long Term Liab

Liabilities that are due after more than one year, including deferred tax liabilities and deferred revenue.
Most indicators from Tenaris SA's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Tenaris SA ADR 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 Tenaris SA ADR. 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, Tenaris SA's Discontinued Operations is comparatively stable compared to the past year. Tax Provision is likely to gain to about 1.2 B in 2024, whereas Selling General Administrative is likely to drop slightly above 872.6 M in 2024.
 2021 2022 2023 2024 (projected)
Gross Profit1.9B4.7B6.2B3.1B
Total Revenue6.5B11.8B14.9B8.3B

Tenaris SA fundamental ratios Correlations

0.80.770.980.330.740.490.45-0.350.620.850.410.720.170.680.660.92-0.410.780.170.920.15-0.30.960.560.77
0.80.90.69-0.110.860.590.09-0.220.520.870.360.840.340.190.160.55-0.50.50.360.930.17-0.430.660.60.92
0.770.90.64-0.110.870.530.07-0.170.590.870.490.920.350.140.120.51-0.350.510.340.90.45-0.230.60.520.92
0.980.690.640.450.650.420.52-0.420.540.790.360.590.060.80.780.95-0.340.780.020.850.03-0.280.990.490.67
0.33-0.11-0.110.45-0.14-0.010.3-0.43-0.07-0.010.05-0.18-0.360.730.730.490.020.38-0.350.13-0.25-0.070.50.31-0.16
0.740.860.870.65-0.140.460.06-0.270.410.960.290.740.240.20.170.5-0.320.450.080.860.07-0.360.630.310.92
0.490.590.530.42-0.010.460.01-0.270.180.530.210.38-0.050.220.210.35-0.740.450.170.590.24-0.840.430.670.53
0.450.090.070.520.30.060.01-0.420.560.14-0.040.040.130.630.660.7-0.020.72-0.110.15-0.030.040.510.150.0
-0.35-0.22-0.17-0.42-0.43-0.27-0.27-0.42-0.06-0.290.180.130.23-0.51-0.52-0.370.05-0.40.66-0.30.520.52-0.46-0.34-0.17
0.620.520.590.54-0.070.410.180.56-0.060.450.20.670.740.210.220.64-0.30.710.480.50.460.150.460.250.5
0.850.870.870.79-0.010.960.530.14-0.290.450.280.750.170.370.340.64-0.360.540.070.920.09-0.40.770.350.94
0.410.360.490.360.050.290.21-0.040.180.20.280.52-0.110.140.130.31-0.180.260.350.450.50.080.360.430.37
0.720.840.920.59-0.180.740.380.040.130.670.750.520.530.050.020.49-0.30.410.610.830.58-0.010.530.420.84
0.170.340.350.06-0.360.24-0.050.130.230.740.17-0.110.53-0.3-0.310.12-0.140.170.580.180.340.26-0.04-0.070.28
0.680.190.140.80.730.20.220.63-0.510.210.370.140.05-0.31.00.85-0.20.67-0.360.42-0.19-0.210.840.290.15
0.660.160.120.780.730.170.210.66-0.520.220.340.130.02-0.311.00.84-0.190.7-0.370.38-0.18-0.210.820.290.12
0.920.550.510.950.490.50.350.7-0.370.640.640.310.490.120.850.84-0.360.890.070.70.1-0.180.940.460.5
-0.41-0.5-0.35-0.340.02-0.32-0.74-0.020.05-0.3-0.36-0.18-0.3-0.14-0.2-0.19-0.36-0.49-0.32-0.41-0.20.62-0.33-0.54-0.36
0.780.50.510.780.380.450.450.72-0.40.710.540.260.410.170.670.70.89-0.490.110.580.21-0.260.760.560.45
0.170.360.340.02-0.350.080.17-0.110.660.480.070.350.610.58-0.36-0.370.07-0.320.110.240.680.2-0.040.330.26
0.920.930.90.850.130.860.590.15-0.30.50.920.450.830.180.420.380.7-0.410.580.240.18-0.40.830.610.92
0.150.170.450.03-0.250.070.24-0.030.520.460.090.50.580.34-0.19-0.180.1-0.20.210.680.180.3-0.030.220.22
-0.3-0.43-0.23-0.28-0.07-0.36-0.840.040.520.15-0.40.08-0.010.26-0.21-0.21-0.180.62-0.260.2-0.40.3-0.33-0.54-0.35
0.960.660.60.990.50.630.430.51-0.460.460.770.360.53-0.040.840.820.94-0.330.76-0.040.83-0.03-0.330.510.63
0.560.60.520.490.310.310.670.15-0.340.250.350.430.42-0.070.290.290.46-0.540.560.330.610.22-0.540.510.4
0.770.920.920.67-0.160.920.530.0-0.170.50.940.370.840.280.150.120.5-0.360.450.260.920.22-0.350.630.4
Click cells to compare fundamentals

Tenaris SA Account Relationship Matchups

Tenaris SA fundamental ratios Accounts

201920202021202220232024 (projected)
Total Assets14.8B13.7B14.4B17.6B21.1B13.8B
Other Current Liab322.7M308.9M367.9M655.2M957.8M587.6M
Total Current Liabilities1.8B1.2B1.6B2.8B2.9B2.3B
Total Stockholder Equity12.0B11.3B12.0B13.9B16.8B9.6B
Other Liab643.0M573.7M590.0M597.3M686.9M480.3M
Accounts Payable555.9M462.1M845.3M1.2B1.1B779.6M
Cash1.6B584.7M318.1M1.1B1.6B1.7B
Other Assets382.8M359.9M458.5M208.9M240.2M327.3M
Long Term Debt40.9M315.7M111.4M46.4M48.3M45.9M
Good Will1.3B1.1B1.1B1.1B1.1B1.3B
Inventory2.3B1.6B2.7B4.0B4.0B2.4B
Other Current Assets75.9M87.3M65.9M130.8M166.5M120.1M
Total Liab2.7B2.3B2.3B3.5B4.1B2.8B
Intangible Assets241.3M343.1M287.5M247.5M273.4M259.7M
Property Plant Equipment6.3B6.4B5.9B5.7B6.5B4.5B
Property Plant And Equipment Net6.3B6.4B5.9B5.7B6.2B4.8B
Non Current Assets Total9.2B9.4B9.5B9.1B10.6B8.2B
Non Currrent Assets Other157.1M154.3M213.0M211.7M80.5M76.5M
Liabilities And Stockholders Equity14.8B13.7B14.4B17.6B21.1B14.2B
Non Current Liabilities Total876.2M1.1B784.1M727.4M1.1B1.2B
Total Current Assets5.7B4.3B5.0B8.5B10.5B6.0B
Short Long Term Debt Total1.1B876.4M448.2M840.9M717.9M1.1B
Net Debt(502.0M)291.7M130.1M(250.6M)(920.0M)(874.0M)
Retained Earnings11.4B10.7B11.4B13.5B16.7B9.1B
Cash And Short Term Investments1.8B1.5B716.0M1.5B3.6B3.8B
Net Receivables1.6B1.1B1.5B2.8B2.8B1.9B
Property Plant And Equipment Gross6.3B6.4B14.7B14.6B15.6B16.4B
Accumulated Other Comprehensive Income(1.2B)(1.2B)(1.3B)(1.3B)(1.5B)(1.4B)
Short Term Debt819.1M346.8M254.1M710.9M573.0M616.8M
Short Term Investments210.4M872.5M397.8M438.4M2.0B2.1B
Current Deferred Revenue82.7M48.7M92.4M242.9M263.7M276.8M
Net Tangible Assets10.4B9.8B10.6B12.6B14.5B11.2B
Long Term Investments904.9M1.2B1.7B1.7B2.0B1.2B
Short Long Term Debt14K98K60K94K21.2M20.2M
Long Term Debt Total233.2M529.6M194.1M130.0M149.6M193.3M
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 Tenaris SA 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, Tenaris SA's short interest history, or implied volatility extrapolated from Tenaris SA options trading.

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When determining whether Tenaris SA ADR is a strong investment it is important to analyze Tenaris SA'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 Tenaris SA's future performance. For an informed investment choice regarding Tenaris 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 Tenaris SA ADR. 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 Commodity Channel module to use Commodity Channel Index to analyze current equity momentum.

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When running Tenaris SA's price analysis, check to measure Tenaris SA'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 Tenaris SA is operating at the current time. Most of Tenaris SA's value examination focuses on studying past and present price action to predict the probability of Tenaris SA's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Tenaris SA's price. Additionally, you may evaluate how the addition of Tenaris SA to your portfolios can decrease your overall portfolio volatility.
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Is Tenaris SA'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 Tenaris SA. If investors know Tenaris 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 Tenaris SA 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
(0.34)
Dividend Share
0.6
Earnings Share
6
Revenue Per Share
12.073
Quarterly Revenue Growth
(0.17)
The market value of Tenaris SA ADR is measured differently than its book value, which is the value of Tenaris that is recorded on the company's balance sheet. Investors also form their own opinion of Tenaris SA's value that differs from its market value or its book value, called intrinsic value, which is Tenaris SA'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 Tenaris SA's market value can be influenced by many factors that don't directly affect Tenaris SA'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 Tenaris SA's value and its price as these two are different measures arrived at by different means. Investors typically determine if Tenaris SA is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Tenaris SA'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.