Tatneft Total Current Assets vs Short Term Investments Analysis

OAOFY Stock  USD 9.55  0.00  0.00%   
Tatneft ADR financial indicator trend analysis is much more than just breaking down Tatneft ADR prevalent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Tatneft ADR is a good investment. Please check the relationship between Tatneft ADR Total Current Assets and its Short Term Investments accounts. Check out Your Equity Center to better understand how to build diversified portfolios, which includes a position in Tatneft 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 census.
For more information on how to buy Tatneft Stock please use our How to Invest in Tatneft ADR guide.

Total Current Assets vs Short Term Investments

Total Current Assets vs Short Term Investments Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Tatneft ADR Total Current Assets account and Short Term Investments. At this time, the significance of the direction appears to have almost identical trend.
The correlation between Tatneft ADR's Total Current Assets and Short Term Investments is 0.93. Overlapping area represents the amount of variation of Total Current Assets that can explain the historical movement of Short Term Investments in the same time period over historical financial statements of Tatneft ADR, assuming nothing else is changed. The correlation between historical values of Tatneft ADR's Total Current Assets and Short Term Investments 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 Tatneft ADR are associated (or correlated) with its Short Term Investments. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Short Term Investments has no effect on the direction of Total Current Assets i.e., Tatneft ADR's Total Current Assets and Short Term Investments go up and down completely randomly.

Correlation Coefficient

0.93
Relationship DirectionPositive 
Relationship StrengthVery 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.

Short Term Investments

Short Term Investments is an item under the current assets section of Tatneft ADR balance sheet. It contains any investments Tatneft ADR undertook that will expire in less than one year. These accounts contain financial instruments such as stocks or bonds that Tatneft ADR can easily liquidate in the marketplace.
Most indicators from Tatneft ADR's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Tatneft 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 Your Equity Center to better understand how to build diversified portfolios, which includes a position in Tatneft 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 census.
For more information on how to buy Tatneft Stock please use our How to Invest in Tatneft ADR guide.Selling General Administrative is likely to rise to about 131.7 B in 2024, despite the fact that Discontinued Operations is likely to grow to (12.3 B).
 2020 2021 2023 2024 (projected)
Gross Profit590.5B1.1T1.3T1.3T
Total Revenue720.7B1.3T1.5T1.5T

Tatneft ADR fundamental ratios Correlations

0.910.960.870.940.990.980.930.880.820.440.920.850.960.70.050.980.960.340.970.760.690.99-0.210.720.01
0.910.980.750.790.870.880.820.840.930.40.90.840.860.68-0.040.960.840.510.910.670.450.86-0.060.67-0.11
0.960.980.80.870.920.940.880.860.890.390.90.880.930.66-0.020.990.890.420.950.750.520.92-0.150.73-0.05
0.870.750.80.770.840.830.80.750.830.50.760.640.790.770.290.820.880.320.80.590.850.85-0.110.66-0.04
0.940.790.870.770.960.960.910.790.650.30.850.830.960.47-0.170.910.870.10.930.860.640.97-0.380.790.1
0.990.870.920.840.961.00.930.870.750.390.930.860.960.65-0.060.950.950.240.980.760.670.99-0.260.760.1
0.980.880.940.830.961.00.940.870.760.370.930.880.970.63-0.090.960.940.230.980.770.630.99-0.270.780.1
0.930.820.880.80.910.930.940.750.70.370.770.80.920.560.040.920.910.040.890.880.550.94-0.410.80.05
0.880.840.860.750.790.870.870.750.750.480.890.850.830.550.00.860.80.390.930.50.60.83-0.060.640.29
0.820.930.890.830.650.750.760.70.750.530.820.70.710.770.10.870.770.610.790.530.540.750.00.58-0.22
0.440.40.390.50.30.390.370.370.480.530.480.210.240.460.290.420.460.490.380.210.560.39-0.180.04-0.29
0.920.90.90.760.850.930.930.770.890.820.480.790.860.7-0.150.910.880.50.930.570.630.9-0.050.6-0.02
0.850.840.880.640.830.860.880.80.850.70.210.790.890.43-0.240.880.690.170.930.680.350.82-0.40.830.36
0.960.860.930.790.960.960.970.920.830.710.240.860.890.53-0.110.950.890.160.960.830.580.96-0.280.830.1
0.70.680.660.770.470.650.630.560.550.770.460.70.430.530.430.650.790.640.60.230.670.640.160.24-0.26
0.05-0.04-0.020.29-0.17-0.06-0.090.040.00.10.29-0.15-0.24-0.110.43-0.020.180.28-0.12-0.210.39-0.010.3-0.3-0.2
0.980.960.990.820.910.950.960.920.860.870.420.910.880.950.65-0.020.910.370.960.790.580.95-0.220.75-0.05
0.960.840.890.880.870.950.940.910.80.770.460.880.690.890.790.180.910.340.890.690.750.96-0.090.61-0.12
0.340.510.420.320.10.240.230.040.390.610.490.50.170.160.640.280.370.340.29-0.140.370.230.47-0.2-0.43
0.970.910.950.80.930.980.980.890.930.790.380.930.930.960.6-0.120.960.890.290.720.580.95-0.240.780.18
0.760.670.750.590.860.760.770.880.50.530.210.570.680.830.23-0.210.790.69-0.140.720.340.8-0.560.79-0.12
0.690.450.520.850.640.670.630.550.60.540.560.630.350.580.670.390.580.750.370.580.340.7-0.010.31-0.09
0.990.860.920.850.970.990.990.940.830.750.390.90.820.960.64-0.010.950.960.230.950.80.7-0.270.740.02
-0.21-0.06-0.15-0.11-0.38-0.26-0.27-0.41-0.060.0-0.18-0.05-0.4-0.280.160.3-0.22-0.090.47-0.24-0.56-0.01-0.27-0.45-0.24
0.720.670.730.660.790.760.780.80.640.580.040.60.830.830.24-0.30.750.61-0.20.780.790.310.74-0.450.3
0.01-0.11-0.05-0.040.10.10.10.050.29-0.22-0.29-0.020.360.1-0.26-0.2-0.05-0.12-0.430.18-0.12-0.090.02-0.240.3
Click cells to compare fundamentals

Tatneft ADR Account Relationship Matchups

Tatneft ADR fundamental ratios Accounts

201920202021202220232024 (projected)
Total Assets1.2T1.2T1.3T1.5T1.7T1.8T
Other Current Liab254.0B184.2B242.5B276.5B317.9B333.8B
Total Current Liabilities358.1B291.5B422.1B415.1B477.3B501.2B
Total Stockholder Equity771.3B745.5B827.7B938.4B1.1T540.6B
Other Liab96.9B106.0B116.8B141.9B163.1B171.3B
Net Tangible Assets745.5B827.7B938.4B1.1T1.3T1.3T
Retained Earnings658.6B739.6B850.2B1.0T1.2T1.2T
Accounts Payable36.2B55.0B54.1B49.6B57.1B59.9B
Cash65.5B25.2B40.1B66.5B76.5B80.3B
Other Assets147.5B101.6B115.2B148.2B170.5B86.6B
Long Term Debt8.4B25.6B23.7B13.7B15.7B14.2B
Net Receivables126.2B84.3B90.3B158.9B182.7B191.8B
Short Term Investments29.5B18.2B30.5B102.8B118.2B124.1B
Inventory53.4B45.0B81.1B77.4B89.0B93.4B
Other Current Assets31.9B24.5B23.7B24.0B27.7B21.0B
Other Stockholder Equity1.1B2.2B2.3B(249M)(286.4M)(272.0M)
Total Liab424.5B486.5B431.9B558.9B642.8B674.9B
Short Long Term Debt209.4B198.6B11.0B46.1B53.0B87.9B
Total Current Assets253.1B259.0B412.2B456.4B524.9B551.1B
Property Plant Equipment782.6B838.8B891.7B978.4B1.1T1.2T
Non Current Assets Total889.6B985.5B1.0T1.1T1.3T872.7B
Non Currrent Assets Other6.5B8.6B10.1B8.5B9.8B6.7B
Non Current Liabilities Total77.7B128.4B140.3B136.8B157.3B104.5B
Non Current Liabilities Other150M3.5B1.8B355M408.3M387.8M
Net Invested Capital785.6B786.0B861.5B997.4B1.1T921.5B
Net Working Capital(35.1B)(105.0B)(32.5B)(9.9B)(11.4B)(11.9B)

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Analyzing currently trending equities could be an opportunity to develop a better portfolio based on different market momentums that they can trigger. Utilizing the top trending stocks is also useful when creating a market-neutral strategy or pair trading technique involving a short or a long position in a currently trending equity.
When determining whether Tatneft ADR offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of Tatneft ADR's financial statements, including income statements, balance sheets, and cash flow statements, to assess its financial health. Key financial ratios are used to gauge profitability, efficiency, and growth potential of Tatneft Adr Stock. Outlined below are crucial reports that will aid in making a well-informed decision on Tatneft Adr Stock:
Check out Your Equity Center to better understand how to build diversified portfolios, which includes a position in Tatneft 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 census.
For more information on how to buy Tatneft Stock please use our How to Invest in Tatneft ADR guide.
Note that the Tatneft ADR information on this page should be used as a complementary analysis to other Tatneft ADR's statistical models used to find the right mix of equity instruments to add to your existing portfolios or create a brand new portfolio. You can also try the Portfolio Center module to all portfolio management and optimization tools to improve performance of your portfolios.

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Is Tatneft ADR'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 Tatneft ADR. If investors know Tatneft 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 Tatneft ADR 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
0.057
Earnings Share
8.18
Revenue Per Share
3.4 K
Quarterly Revenue Growth
(0.21)
Return On Assets
0.1171
The market value of Tatneft ADR is measured differently than its book value, which is the value of Tatneft that is recorded on the company's balance sheet. Investors also form their own opinion of Tatneft ADR's value that differs from its market value or its book value, called intrinsic value, which is Tatneft ADR'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 Tatneft ADR's market value can be influenced by many factors that don't directly affect Tatneft ADR'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 Tatneft ADR's value and its price as these two are different measures arrived at by different means. Investors typically determine if Tatneft ADR is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Tatneft ADR'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.