Nabors Cash vs Short Term Debt Analysis

NBR Stock

USD 66.87 0.36 0.54%

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 Cash and its Short Term 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 closely tied 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.

Cash vs Short Term Debt

Cash vs Short Term Debt Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Nabors Industries Cash account and Short Term Debt. At this time, the significance of the direction appears to have strong relationship.

The correlation between Nabors Industries' Cash and Short Term Debt is 0.75. Overlapping area represents the amount of variation of Cash that can explain the historical movement of Short Term 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' Cash and Short Term 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 Cash of Nabors Industries are associated (or correlated) with its Short Term Debt. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Short Term Debt has no effect on the direction of Cash i.e., Nabors Industries' Cash and Short Term Debt go up and down completely randomly.

Correlation Coefficient

0.75

Relationship Direction	Positive
Relationship Strength	Significant

View All Relationships

Cash

Cash refers to the most liquid asset of Nabors Industries, which is listed under current asset account on Nabors Industries balance sheet and usually includes currency, coins, checking accounts, and not deposited checks received from Nabors Industries customers. The amounts must be unrestricted with restricted cash listed in a different Nabors Industries account. The total amount of money in the form of currency that a company has in its possession. This includes all bills, coins, and funds in bank accounts.

Short Term Debt

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 closely tied 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 06/09/2024, 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

Interest Expense Depreciation And Amortization

Nabors Industries fundamental ratios Correlations

	Total Assets	Short Long Term Debt Total	Other Current Liab	Total Current Liabilities	Total Stockholder Equity	Property Plant And Equipment Net	Net Debt	Retained Earnings	Cash	Non Current Assets Total	Non Currrent Assets Other	Cash And Short Term Investments	Net Receivables	Common Stock Shares Outstanding	Non Current Liabilities Total	Other Current Assets	Other Stockholder Equity	Total Liab	Property Plant And Equipment Gross	Total Current Assets	Short Term Debt	Inventory	Accounts Payable	Common Stock Total Equity	Short Term Investments	Intangible Assets
Total Assets		0.9	0.98	0.87	0.94	0.99	0.93	0.85	-0.06	0.99	-0.08	0.06	0.95	0.17	0.96	0.93	-0.03	0.97	0.73	0.92	-0.14	0.9	0.87	-0.61	0.67	0.74
Short Long Term Debt Total	0.9		0.86	0.82	0.76	0.88	0.97	0.61	0.11	0.9	0.26	0.19	0.76	0.48	0.97	0.82	0.33	0.97	0.85	0.82	-0.12	0.9	0.78	-0.82	0.45	0.47
Other Current Liab	0.98	0.86		0.91	0.93	0.96	0.89	0.83	-0.05	0.96	-0.14	0.06	0.95	0.19	0.92	0.92	-0.02	0.95	0.71	0.93	-0.09	0.9	0.89	-0.57	0.66	0.77
Total Current Liabilities	0.87	0.82	0.91		0.76	0.83	0.79	0.67	0.16	0.84	-0.06	0.21	0.88	0.28	0.81	0.74	0.03	0.89	0.69	0.89	0.21	0.85	0.91	-0.55	0.49	0.61
Total Stockholder Equity	0.94	0.76	0.93	0.76		0.96	0.84	0.97	-0.33	0.95	-0.21	-0.2	0.92	-0.09	0.86	0.94	-0.24	0.87	0.59	0.83	-0.32	0.78	0.77	-0.35	0.74	0.86
Property Plant And Equipment Net	0.99	0.88	0.96	0.83	0.96		0.94	0.88	-0.15	1.0	-0.06	-0.03	0.93	0.11	0.95	0.94	-0.07	0.95	0.7	0.87	-0.21	0.86	0.83	-0.58	0.63	0.72
Net Debt	0.93	0.97	0.89	0.79	0.84	0.94		0.72	-0.07	0.95	0.22	0.02	0.8	0.33	0.98	0.87	0.19	0.96	0.8	0.79	-0.21	0.87	0.78	-0.75	0.48	0.54
Retained Earnings	0.85	0.61	0.83	0.67	0.97	0.88	0.72		-0.48	0.86	-0.28	-0.36	0.86	-0.31	0.74	0.85	-0.44	0.75	0.46	0.72	-0.38	0.64	0.67	-0.14	0.7	0.86
Cash	-0.06	0.11	-0.05	0.16	-0.33	-0.15	-0.07	-0.48		-0.13	0.1	0.98	-0.07	0.55	0.0	-0.25	0.44	0.04	0.11	0.18	0.75	0.1	0.08	-0.42	-0.13	-0.32
Non Current Assets Total	0.99	0.9	0.96	0.84	0.95	1.0	0.95	0.86	-0.13		-0.02	-0.01	0.92	0.14	0.96	0.93	-0.04	0.96	0.73	0.87	-0.19	0.86	0.83	-0.61	0.62	0.72
Non Currrent Assets Other	-0.08	0.26	-0.14	-0.06	-0.21	-0.06	0.22	-0.28	0.1	-0.02		0.04	-0.3	0.48	0.08	-0.18	0.52	0.05	0.49	-0.25	0.0	-0.07	-0.17	-0.45	-0.43	-0.43
Cash And Short Term Investments	0.06	0.19	0.06	0.21	-0.2	-0.03	0.02	-0.36	0.98	-0.01	0.04		0.05	0.54	0.11	-0.12	0.41	0.14	0.18	0.31	0.7	0.2	0.14	-0.46	0.06	-0.18
Net Receivables	0.95	0.76	0.95	0.88	0.92	0.93	0.8	0.86	-0.07	0.92	-0.3	0.05		0.01	0.86	0.91	-0.19	0.89	0.58	0.94	-0.08	0.87	0.93	-0.41	0.71	0.81
Common Stock Shares Outstanding	0.17	0.48	0.19	0.28	-0.09	0.11	0.33	-0.31	0.55	0.14	0.48	0.54	0.01		0.34	0.11	0.92	0.34	0.57	0.23	0.21	0.4	0.21	-0.8	-0.16	-0.29
Non Current Liabilities Total	0.96	0.97	0.92	0.81	0.86	0.95	0.98	0.74	0.0	0.96	0.08	0.11	0.86	0.34		0.91	0.18	0.99	0.8	0.87	-0.22	0.91	0.83	-0.73	0.56	0.59
Other Current Assets	0.93	0.82	0.92	0.74	0.94	0.94	0.87	0.85	-0.25	0.93	-0.18	-0.12	0.91	0.11	0.91		0.0	0.9	0.65	0.87	-0.4	0.89	0.83	-0.47	0.69	0.77
Other Stockholder Equity	-0.03	0.33	-0.02	0.03	-0.24	-0.07	0.19	-0.44	0.44	-0.04	0.52	0.41	-0.19	0.92	0.18	0.0		0.14	0.41	0.03	0.04	0.26	0.02	-0.65	-0.28	-0.41
Total Liab	0.97	0.97	0.95	0.89	0.87	0.95	0.96	0.75	0.04	0.96	0.05	0.14	0.89	0.34	0.99	0.9	0.14		0.8	0.91	-0.12	0.93	0.88	-0.71	0.57	0.62
Property Plant And Equipment Gross	0.73	0.85	0.71	0.69	0.59	0.7	0.8	0.46	0.11	0.73	0.49	0.18	0.58	0.57	0.8	0.65	0.41	0.8		0.65	-0.12	0.7	0.65	-0.73	0.29	0.34
Total Current Assets	0.92	0.82	0.93	0.89	0.83	0.87	0.79	0.72	0.18	0.87	-0.25	0.31	0.94	0.23	0.87	0.87	0.03	0.91	0.65		0.04	0.92	0.9	-0.53	0.75	0.74
Short Term Debt	-0.14	-0.12	-0.09	0.21	-0.32	-0.21	-0.21	-0.38	0.75	-0.19	0.0	0.7	-0.08	0.21	-0.22	-0.4	0.04	-0.12	-0.12	0.04		-0.06	0.0	-0.12	-0.11	-0.2
Inventory	0.9	0.9	0.9	0.85	0.78	0.86	0.87	0.64	0.1	0.86	-0.07	0.2	0.87	0.4	0.91	0.89	0.26	0.93	0.7	0.92	-0.06		0.88	-0.66	0.62	0.6
Accounts Payable	0.87	0.78	0.89	0.91	0.77	0.83	0.78	0.67	0.08	0.83	-0.17	0.14	0.93	0.21	0.83	0.83	0.02	0.88	0.65	0.9	0.0	0.88		-0.5	0.52	0.62
Common Stock Total Equity	-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	-0.03
Short Term Investments	0.67	0.45	0.66	0.49	0.74	0.63	0.48	0.7	-0.13	0.62	-0.43	0.06	0.71	-0.16	0.56	0.69	-0.28	0.57	0.29	0.75	-0.11	0.62	0.52	-0.09		0.87
Intangible Assets	0.74	0.47	0.77	0.61	0.86	0.72	0.54	0.86	-0.32	0.72	-0.43	-0.18	0.81	-0.29	0.59	0.77	-0.41	0.62	0.34	0.74	-0.2	0.6	0.62	-0.03	0.87

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Nabors Industries Account Relationship Matchups

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

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Nabors Cash vs Short Term Debt Analysis

Cash vs Short Term Debt

Cash vs Short Term Debt Correlation Analysis

Correlation Coefficient

Cash

Short Term Debt

Nabors Industries fundamental ratios Correlations

Nabors Industries Account Relationship Matchups

High Positive Relationship

High Negative Relationship

Nabors Industries fundamental ratios Accounts

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Additional Tools for Nabors Stock Analysis

COMMON DESTINATIONS

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COMPANY

Non Current Assets Total	+ 1.0	Property Plant And Equipment Net
Property Plant And Equipment Net	+ 0.99	Total Assets
Non Current Assets Total	+ 0.99	Total Assets
Total Liab	+ 0.99	Non Current Liabilities Total
Other Current Liab	+ 0.98	Total Assets
Non Current Liabilities Total	+ 0.98	Net Debt

Common Stock Total Equity	- 0.82	Short Long Term Debt Total
Common Stock Total Equity	- 0.8	Common Stock Shares Outstanding
Common Stock Total Equity	- 0.75	Net Debt
Common Stock Total Equity	- 0.73	Property Plant And Equipment Gross
Common Stock Total Equity	- 0.73	Non Current Liabilities Total
Common Stock Total Equity	- 0.71	Total Liab