Shell Cash And Short Term Investments vs Net Receivables Analysis
SHEL Stock | USD 71.92 0.18 0.25% |
Shell PLC financial indicator trend analysis is much more than just breaking down Shell PLC ADR prevalent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Shell PLC ADR is a good investment. Please check the relationship between Shell PLC Cash And Short Term Investments and its Net Receivables accounts. Check out World Market Map to better understand how to build diversified portfolios, which includes a position in Shell PLC 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 income.
Cash And Short Term Investments vs Net Receivables
Cash And Short Term Investments vs Net Receivables Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Shell PLC ADR Cash And Short Term Investments account and Net Receivables. At this time, the significance of the direction appears to have fragmental relationship.
The correlation between Shell PLC's Cash And Short Term Investments and Net Receivables is 0.57. Overlapping area represents the amount of variation of Cash And Short Term Investments that can explain the historical movement of Net Receivables in the same time period over historical financial statements of Shell PLC ADR, assuming nothing else is changed. The correlation between historical values of Shell PLC's Cash And Short Term Investments and Net Receivables 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 And Short Term Investments of Shell PLC ADR are associated (or correlated) with its Net Receivables. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Net Receivables has no effect on the direction of Cash And Short Term Investments i.e., Shell PLC's Cash And Short Term Investments and Net Receivables go up and down completely randomly.
Correlation Coefficient | 0.57 |
Relationship Direction | Positive |
Relationship Strength | Weak |
Cash And Short Term Investments
Short Term Investments is an account in the current assets section of Shell PLC ADR balance sheet. This account contains Shell PLC investments that will expire within one year. These investments include stocks and bonds that can be liquidated by Shell PLC ADR fairly quickly. The sum of a company's cash on hand, including bank deposits and short-term, highly liquid investments that are easily convertible to known amounts of cash.Net Receivables
Most indicators from Shell PLC's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Shell PLC 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 Shell PLC 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 income. At this time, Shell PLC's Enterprise Value Over EBITDA is quite stable compared to the past year. Enterprise Value Multiple is expected to rise to 10.51 this year, although the value of Tax Provision will most likely fall to about 9.6 B.
2021 | 2022 | 2023 | 2024 (projected) | EBITDA | 54.4B | 89.7B | 47.2B | 52.5B | Research Development | 815M | 1.1B | 1.3B | 982.4M |
Shell PLC fundamental ratios Correlations
Click cells to compare fundamentals
Shell PLC Account Relationship Matchups
High Positive Relationship
High Negative Relationship
Shell PLC fundamental ratios Accounts
2019 | 2020 | 2021 | 2022 | 2023 | 2024 (projected) | ||
Total Assets | 404.3B | 379.3B | 404.4B | 443.0B | 406.3B | 321.5B | |
Short Long Term Debt Total | 96.4B | 108.0B | 89.1B | 83.8B | 81.5B | 50.0B | |
Other Current Liab | 37.3B | 1M | (1M) | 33.0B | 47.5B | 49.9B | |
Total Current Liabilities | 79.6B | 74.0B | 95.5B | 121.3B | 95.5B | 84.5B | |
Total Stockholder Equity | 186.5B | 155.3B | 172.0B | 190.5B | 186.6B | 149.4B | |
Property Plant And Equipment Net | 238.3B | 210.8B | 194.9B | 198.6B | 194.8B | 159.1B | |
Current Deferred Revenue | 15.4B | 15.4B | 24.2B | 3.4B | 3.1B | 3.2B | |
Net Debt | 78.4B | 76.2B | 52.1B | 43.5B | 42.8B | 31.7B | |
Accounts Payable | 49.2B | 41.7B | 63.2B | 79.4B | 34.6B | 55.2B | |
Cash | 18.1B | 31.8B | 37.0B | 40.2B | 38.8B | 40.7B | |
Non Current Assets Total | 311.6B | 288.6B | 275.6B | 277.1B | 272.2B | 222.8B | |
Non Currrent Assets Other | 1M | (1M) | 10.4B | 41.6B | 11.3B | 10.8B | |
Cash And Short Term Investments | 18.1B | 31.8B | 37.0B | 40.2B | 38.8B | 40.7B | |
Common Stock Shares Outstanding | 4.1B | 3.9B | 3.9B | 3.7B | 3.4B | 4.0B | |
Liabilities And Stockholders Equity | 404.3B | 379.3B | 404.4B | 443.0B | 406.3B | 321.5B | |
Non Current Liabilities Total | 134.2B | 146.8B | 133.5B | 129.1B | 122.4B | 84.4B | |
Inventory | 24.1B | 19.5B | 25.3B | 31.9B | 26.0B | 22.8B | |
Total Liab | 213.9B | 220.7B | 229.1B | 250.4B | 217.9B | 168.9B | |
Total Current Assets | 92.7B | 90.7B | 128.8B | 165.9B | 134.1B | 98.7B | |
Short Term Debt | 15.1B | 16.9B | 8.2B | 9.0B | 9.9B | 9.2B | |
Other Current Assets | 49.9B | 49.6B | 1M | (1M) | 16.0B | 15.2B | |
Other Stockholder Equity | 13.4B | 12.0B | 18.3B | 20.4B | (843M) | (800.9M) | |
Property Plant And Equipment Gross | 238.3B | 210.8B | 436.8B | 435.0B | 455.1B | 477.8B | |
Retained Earnings | 172.4B | 142.6B | 153.0B | 169.5B | 203.2B | 167.6B | |
Net Receivables | 50.6B | 39.4B | 66.5B | 93.8B | 53.3B | 49.9B | |
Common Stock Total Equity | 696M | 685M | 657M | 651M | 748.7M | 640.4M | |
Accumulated Other Comprehensive Income | (23.0B) | (24.7B) | (18.5B) | (16.3B) | (16.3B) | (17.1B) | |
Intangible Assets | 9.3B | 8.7B | 9.8B | 9.7B | 10.3B | 7.2B | |
Common Stock | 657M | 651M | 641M | 584M | 544M | 516.8M | |
Good Will | 14.2B | 14.2B | 14.9B | 16.0B | 16.7B | 10.9B | |
Long Term Debt | 55.8B | 66.8B | 57.5B | 51.5B | 48.5B | 57.3B | |
Short Long Term Debt | 10.1B | 12.8B | 4.1B | 4.6B | 5.3B | 8.6B | |
Other Liab | 52.9B | 55.7B | 52.6B | 54.3B | 48.9B | 44.2B | |
Net Tangible Assets | 163.0B | 132.5B | 147.3B | 164.8B | 148.3B | 127.7B | |
Other Assets | (1M) | 1M | 28.8B | 25.5B | 23.0B | 15.5B | |
Property Plant Equipment | 238.3B | 210.8B | 194.9B | 198.6B | 228.4B | 232.7B | |
Capital Lease Obligations | 30.5B | 28.4B | 27.5B | 27.6B | 27.7B | 25.6B |
Becoming a Better Investor with Macroaxis
Macroaxis puts the power of mathematics on your side. We analyze your portfolios and positions such as Shell PLC ADR using complex mathematical models and algorithms, but make them easy to understand. There is no real person involved in your portfolio analysis. We perform a number of calculations to compute absolute and relative portfolio volatility, correlation between your assets, value at risk, expected return as well as over 100 different fundamental and technical indicators.Build Optimal Portfolios
Align your risk with return expectations
Check out World Market Map to better understand how to build diversified portfolios, which includes a position in Shell PLC 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 income. Note that the Shell PLC ADR information on this page should be used as a complementary analysis to other Shell PLC'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 Performance Analysis module to check effects of mean-variance optimization against your current asset allocation.
Complementary Tools for Shell Stock analysis
When running Shell PLC's price analysis, check to measure Shell PLC'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 Shell PLC is operating at the current time. Most of Shell PLC's value examination focuses on studying past and present price action to predict the probability of Shell PLC's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Shell PLC's price. Additionally, you may evaluate how the addition of Shell PLC to your portfolios can decrease your overall portfolio volatility.
Aroon Oscillator Analyze current equity momentum using Aroon Oscillator and other momentum ratios | |
Financial Widgets Easily integrated Macroaxis content with over 30 different plug-and-play financial widgets | |
Pattern Recognition Use different Pattern Recognition models to time the market across multiple global exchanges | |
Analyst Advice Analyst recommendations and target price estimates broken down by several categories | |
Idea Breakdown Analyze constituents of all Macroaxis ideas. Macroaxis investment ideas are predefined, sector-focused investing themes |
Is Shell PLC'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 Shell PLC. If investors know Shell 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 Shell PLC 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 (0.1) | Dividend Share 1.35 | Earnings Share 5.46 | Revenue Per Share 91.366 | Quarterly Revenue Growth (0.17) |
The market value of Shell PLC ADR is measured differently than its book value, which is the value of Shell that is recorded on the company's balance sheet. Investors also form their own opinion of Shell PLC's value that differs from its market value or its book value, called intrinsic value, which is Shell PLC'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 Shell PLC's market value can be influenced by many factors that don't directly affect Shell PLC'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 Shell PLC's value and its price as these two are different measures arrived at by different means. Investors typically determine if Shell PLC is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Shell PLC'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.