Nabors Short Long Term Debt Total vs Intangible Assets 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 Short Long Term Debt Total and its Intangible Assets 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.

Short Long Term Debt Total vs Intangible Assets

Short Long Term Debt Total vs Intangible Assets 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 Intangible Assets. At this time, the significance of the direction appears to have fragmental relationship.
The correlation between Nabors Industries' Short Long Term Debt Total and Intangible Assets is 0.47. Overlapping area represents the amount of variation of Short Long Term Debt Total that can explain the historical movement of Intangible Assets 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 Intangible 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 Short Long Term Debt Total of Nabors Industries are associated (or correlated) with its Intangible Assets. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Intangible Assets has no effect on the direction of Short Long Term Debt Total i.e., Nabors Industries' Short Long Term Debt Total and Intangible Assets go up and down completely randomly.

Correlation Coefficient

0.47
Relationship DirectionPositive 
Relationship StrengthWeak

Short Long Term Debt Total

Intangible Assets

Non-physical assets possessed by a company, such as patents, trademarks, and copyrights, which provide long-term value.
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 Expense171.5M177.9M185.3M130.6M
Depreciation And Amortization693.4M665.1M645.3M467.2M

Nabors Industries fundamental ratios Correlations

0.90.980.870.940.990.930.85-0.060.99-0.080.060.950.170.960.93-0.030.970.730.92-0.140.90.87-0.610.670.74
0.90.860.820.760.880.970.610.110.90.260.190.760.480.970.820.330.970.850.82-0.120.90.78-0.820.450.47
0.980.860.910.930.960.890.83-0.050.96-0.140.060.950.190.920.92-0.020.950.710.93-0.090.90.89-0.570.660.77
0.870.820.910.760.830.790.670.160.84-0.060.210.880.280.810.740.030.890.690.890.210.850.91-0.550.490.61
0.940.760.930.760.960.840.97-0.330.95-0.21-0.20.92-0.090.860.94-0.240.870.590.83-0.320.780.77-0.350.740.86
0.990.880.960.830.960.940.88-0.151.0-0.06-0.030.930.110.950.94-0.070.950.70.87-0.210.860.83-0.580.630.72
0.930.970.890.790.840.940.72-0.070.950.220.020.80.330.980.870.190.960.80.79-0.210.870.78-0.750.480.54
0.850.610.830.670.970.880.72-0.480.86-0.28-0.360.86-0.310.740.85-0.440.750.460.72-0.380.640.67-0.140.70.86
-0.060.11-0.050.16-0.33-0.15-0.07-0.48-0.130.10.98-0.070.550.0-0.250.440.040.110.180.750.10.08-0.42-0.13-0.32
0.990.90.960.840.951.00.950.86-0.13-0.02-0.010.920.140.960.93-0.040.960.730.87-0.190.860.83-0.610.620.72
-0.080.26-0.14-0.06-0.21-0.060.22-0.280.1-0.020.04-0.30.480.08-0.180.520.050.49-0.250.0-0.07-0.17-0.45-0.43-0.43
0.060.190.060.21-0.2-0.030.02-0.360.98-0.010.040.050.540.11-0.120.410.140.180.310.70.20.14-0.460.06-0.18
0.950.760.950.880.920.930.80.86-0.070.92-0.30.050.010.860.91-0.190.890.580.94-0.080.870.93-0.410.710.81
0.170.480.190.28-0.090.110.33-0.310.550.140.480.540.010.340.110.920.340.570.230.210.40.21-0.8-0.16-0.29
0.960.970.920.810.860.950.980.740.00.960.080.110.860.340.910.180.990.80.87-0.220.910.83-0.730.560.59
0.930.820.920.740.940.940.870.85-0.250.93-0.18-0.120.910.110.910.00.90.650.87-0.40.890.83-0.470.690.77
-0.030.33-0.020.03-0.24-0.070.19-0.440.44-0.040.520.41-0.190.920.180.00.140.410.030.040.260.02-0.65-0.28-0.41
0.970.970.950.890.870.950.960.750.040.960.050.140.890.340.990.90.140.80.91-0.120.930.88-0.710.570.62
0.730.850.710.690.590.70.80.460.110.730.490.180.580.570.80.650.410.80.65-0.120.70.65-0.730.290.34
0.920.820.930.890.830.870.790.720.180.87-0.250.310.940.230.870.870.030.910.650.040.920.9-0.530.750.74
-0.14-0.12-0.090.21-0.32-0.21-0.21-0.380.75-0.190.00.7-0.080.21-0.22-0.40.04-0.12-0.120.04-0.060.0-0.12-0.11-0.2
0.90.90.90.850.780.860.870.640.10.86-0.070.20.870.40.910.890.260.930.70.92-0.060.88-0.660.620.6
0.870.780.890.910.770.830.780.670.080.83-0.170.140.930.210.830.830.020.880.650.90.00.88-0.50.520.62
-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
0.670.450.660.490.740.630.480.7-0.130.62-0.430.060.71-0.160.560.69-0.280.570.290.75-0.110.620.52-0.090.87
0.740.470.770.610.860.720.540.86-0.320.72-0.43-0.180.81-0.290.590.77-0.410.620.340.74-0.20.60.62-0.030.87
Click cells to compare fundamentals

Nabors Industries Account Relationship Matchups

Nabors Industries fundamental ratios Accounts

201920202021202220232024 (projected)
Total Assets6.8B5.5B5.5B4.7B5.3B5.7B
Short Long Term Debt Total3.3B3.0B3.3B2.5B3.1B2.3B
Other Current Liab258.9M224.8M206.2M237.8M255.3M219.0M
Total Current Liabilities656.5M515.5M525.2M596.4M1.2B708.6M
Total Stockholder Equity2.0B1.2B590.7M369.0M326.6M310.3M
Property Plant And Equipment Net4.9B4.0B3.3B3.0B2.9B3.8B
Net Debt2.9B2.5B2.3B2.1B2.1B1.9B
Retained Earnings(104.8M)(946.1M)(1.5B)(1.8B)(1.9B)(1.8B)
Cash436.0M472.2M991.5M451.0M1.1B1.1B
Non Current Assets Total5.5B4.4B4.0B3.7B3.6B4.4B
Non Currrent Assets Other553.1M139.1M416.4M445.8M494.7M280.1M
Cash And Short Term Investments452.5M481.7M991.5M452.3M1.1B1.1B
Net Receivables453.0M363.0M287.6M327.4M347.8M554.2M
Common Stock Shares Outstanding7.0M7.1M7.6M8.9M9.2M5.4M
Liabilities And Stockholders Equity6.8B5.5B5.5B4.7B5.3B5.7B
Non Current Liabilities Total3.6B3.3B3.6B2.9B2.8B2.5B
Other Current Assets340.6M270.2M222.2M220.9M79.9M75.9M
Other Stockholder Equity2.1B2.1B2.1B2.2B2.2B1.1B
Total Liab4.3B3.8B4.1B3.5B4.0B3.3B
Property Plant And Equipment Gross13.2B4.0B12.3B12.3B12.6B6.4B
Total Current Assets1.2B1.1B1.5B1.0B1.6B1.3B
Accumulated Other Comprehensive Income(11.8M)(11.1M)(10.6M)(11.0M)(10.8M)(10.3M)
Short Term Debt13.5M8.3M5.4M6.8M635.0M666.8M
Inventory176.3M160.6M126.4M127.9M147.8M103.0M
Accounts Payable295.2M220.9M253.7M314.0M294.4M278.2M
Common Stock Total Equity416K419K466K525K472.5K448.9K
Short Term Investments16.5M9.5M17K1.3M12.7M12.1M
Common Stock416K419K466K525K527K500.7K
Other Liab261.9M319.6M343.1M352.7M405.7M322.0M
Other Assets506.4M386.3M675.1M668.6M768.9M807.4M
Long Term Debt3.3B3.0B3.3B2.5B2.5B3.4B
Property Plant Equipment4.9B4.0B3.3B3.0B3.5B6.1B
Current Deferred Revenue89.1M61.5M59.8M37.8M29.2M27.8M
Noncontrolling Interest In Consolidated Entity67.4M105.4M128.3M167.8M193.0M202.7M
Retained Earnings Total Equity(104.8M)(946.1M)(1.5B)(1.8B)(1.7B)(1.6B)
Deferred Long Term Liab3.1M1.6M2.8M2.9M2.6M2.4M

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Additional Tools for Nabors Stock Analysis

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.