Shell Long Term Investments vs Net Tangible Assets Analysis

SHEL Stock  USD 70.95  0.71  0.99%   
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 Long Term Investments and its Net Tangible Assets 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.

Long Term Investments vs Net Tangible Assets

Long Term Investments vs Net Tangible Assets Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Shell PLC ADR Long Term Investments account and Net Tangible Assets. At this time, the significance of the direction appears to have fragmental relationship.
The correlation between Shell PLC's Long Term Investments and Net Tangible Assets is 0.52. Overlapping area represents the amount of variation of Long Term Investments that can explain the historical movement of Net Tangible Assets 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 Long Term Investments and Net Tangible 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 Long Term Investments of Shell PLC ADR are associated (or correlated) with its Net Tangible Assets. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Net Tangible Assets has no effect on the direction of Long Term Investments i.e., Shell PLC's Long Term Investments and Net Tangible Assets go up and down completely randomly.

Correlation Coefficient

0.52
Relationship DirectionPositive 
Relationship StrengthWeak

Long Term Investments

Long Term Investments is an item on the asset side of Shell PLC balance sheet that represents investments Shell PLC ADR intends to hold for over a year. Shell PLC ADR long term investments may include different instruments such as stocks, bonds, real estate and cash.

Net Tangible Assets

The total assets of a company minus any intangible assets such as patents, copyrights, and goodwill; it represents the physical assets of a company.
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)
EBITDA54.4B89.7B47.2B52.5B
Research Development815M1.1B1.3B982.4M

Shell PLC fundamental ratios Correlations

0.750.210.740.950.91-0.040.620.530.540.940.220.54-0.840.00.850.730.970.780.31-0.15-0.520.480.780.720.44
0.75-0.20.240.550.820.30.92-0.040.540.83-0.330.54-0.40.00.970.230.840.360.71-0.59-0.120.430.310.390.73
0.21-0.20.250.370.17-0.75-0.310.20.250.160.470.25-0.380.28-0.040.240.080.24-0.390.37-0.560.220.650.09-0.01
0.740.240.250.730.430.060.060.820.460.480.380.46-0.770.270.350.930.70.97-0.10.0-0.480.540.640.930.03
0.950.550.370.730.87-0.270.460.60.360.890.440.36-0.88-0.120.680.780.840.720.160.13-0.610.320.890.620.28
0.910.820.170.430.87-0.160.790.30.360.990.120.36-0.72-0.230.90.480.870.460.49-0.13-0.490.260.710.420.47
-0.040.3-0.750.06-0.27-0.160.27-0.190.27-0.12-0.710.270.220.360.13-0.020.130.130.4-0.710.420.41-0.440.280.33
0.620.92-0.310.060.460.790.27-0.10.230.78-0.320.23-0.27-0.180.870.160.690.110.81-0.460.010.210.190.190.67
0.53-0.040.20.820.60.3-0.19-0.10.090.340.680.09-0.7-0.140.110.80.440.69-0.310.37-0.470.130.490.69-0.4
0.540.540.250.460.360.360.270.230.090.39-0.31.0-0.440.610.560.240.630.620.13-0.6-0.350.850.380.570.5
0.940.830.160.480.890.99-0.120.780.340.390.160.39-0.75-0.20.910.540.910.520.46-0.12-0.470.310.710.470.5
0.22-0.330.470.380.440.12-0.71-0.320.68-0.30.16-0.3-0.42-0.38-0.150.440.050.26-0.560.85-0.37-0.350.440.11-0.47
0.540.540.250.460.360.360.270.230.091.00.39-0.3-0.440.610.560.240.620.620.13-0.6-0.350.850.380.570.5
-0.84-0.4-0.38-0.77-0.88-0.720.22-0.27-0.7-0.44-0.75-0.42-0.440.09-0.56-0.74-0.76-0.74-0.04-0.170.86-0.33-0.88-0.6-0.01
0.00.00.280.27-0.12-0.230.36-0.18-0.140.61-0.2-0.380.610.09-0.040.130.080.36-0.07-0.510.080.780.030.410.41
0.850.97-0.040.350.680.90.130.870.110.560.91-0.150.56-0.56-0.040.320.910.460.56-0.45-0.30.440.480.440.65
0.730.230.240.930.780.48-0.020.160.80.240.540.440.24-0.740.130.320.650.840.020.12-0.40.410.650.830.05
0.970.840.080.70.840.870.130.690.440.630.910.050.62-0.760.080.910.650.770.39-0.34-0.440.570.650.740.51
0.780.360.240.970.720.460.130.110.690.620.520.260.62-0.740.360.460.840.77-0.08-0.15-0.450.650.640.940.18
0.310.71-0.39-0.10.160.490.40.81-0.310.130.46-0.560.13-0.04-0.070.560.020.39-0.08-0.550.170.08-0.050.050.55
-0.15-0.590.370.00.13-0.13-0.71-0.460.37-0.6-0.120.85-0.6-0.17-0.51-0.450.12-0.34-0.15-0.55-0.29-0.620.25-0.33-0.58
-0.52-0.12-0.56-0.48-0.61-0.490.420.01-0.47-0.35-0.47-0.37-0.350.860.08-0.3-0.4-0.44-0.450.17-0.29-0.18-0.82-0.260.2
0.480.430.220.540.320.260.410.210.130.850.31-0.350.85-0.330.780.440.410.570.650.08-0.62-0.180.330.690.58
0.780.310.650.640.890.71-0.440.190.490.380.710.440.38-0.880.030.480.650.650.64-0.050.25-0.820.330.460.17
0.720.390.090.930.620.420.280.190.690.570.470.110.57-0.60.410.440.830.740.940.05-0.33-0.260.690.460.19
0.440.73-0.010.030.280.470.330.67-0.40.50.5-0.470.5-0.010.410.650.050.510.180.55-0.580.20.580.170.19
Click cells to compare fundamentals

Shell PLC Account Relationship Matchups

Shell PLC fundamental ratios Accounts

201920202021202220232024 (projected)
Total Assets404.3B379.3B404.4B443.0B406.3B321.5B
Short Long Term Debt Total96.4B108.0B89.1B83.8B81.5B50.0B
Other Current Liab37.3B1M(1M)33.0B47.5B49.9B
Total Current Liabilities79.6B74.0B95.5B121.3B95.5B84.5B
Total Stockholder Equity186.5B155.3B172.0B190.5B186.6B149.4B
Property Plant And Equipment Net238.3B210.8B194.9B198.6B194.8B159.1B
Current Deferred Revenue15.4B15.4B24.2B3.4B3.1B3.2B
Net Debt78.4B76.2B52.1B43.5B42.8B31.7B
Accounts Payable49.2B41.7B63.2B79.4B34.6B55.2B
Cash18.1B31.8B37.0B40.2B38.8B40.7B
Non Current Assets Total311.6B288.6B275.6B277.1B272.2B222.8B
Non Currrent Assets Other1M(1M)10.4B41.6B11.3B10.8B
Cash And Short Term Investments18.1B31.8B37.0B40.2B38.8B40.7B
Common Stock Shares Outstanding4.1B3.9B3.9B3.7B3.4B4.0B
Liabilities And Stockholders Equity404.3B379.3B404.4B443.0B406.3B321.5B
Non Current Liabilities Total134.2B146.8B133.5B129.1B122.4B84.4B
Inventory24.1B19.5B25.3B31.9B26.0B22.8B
Total Liab213.9B220.7B229.1B250.4B217.9B168.9B
Total Current Assets92.7B90.7B128.8B165.9B134.1B98.7B
Short Term Debt15.1B16.9B8.2B9.0B9.9B9.2B
Other Current Assets49.9B49.6B1M(1M)16.0B15.2B
Other Stockholder Equity13.4B12.0B18.3B20.4B(843M)(800.9M)
Property Plant And Equipment Gross238.3B210.8B436.8B435.0B455.1B477.8B
Retained Earnings172.4B142.6B153.0B169.5B203.2B167.6B
Net Receivables50.6B39.4B66.5B93.8B53.3B49.9B
Common Stock Total Equity696M685M657M651M748.7M640.4M
Accumulated Other Comprehensive Income(23.0B)(24.7B)(18.5B)(16.3B)(16.3B)(17.1B)
Intangible Assets9.3B8.7B9.8B9.7B10.3B7.2B
Common Stock657M651M641M584M544M516.8M
Good Will14.2B14.2B14.9B16.0B16.7B10.9B
Long Term Debt55.8B66.8B57.5B51.5B48.5B57.3B
Short Long Term Debt10.1B12.8B4.1B4.6B5.3B8.6B
Other Liab52.9B55.7B52.6B54.3B48.9B44.2B
Net Tangible Assets163.0B132.5B147.3B164.8B148.3B127.7B
Other Assets(1M)1M28.8B25.5B23.0B15.5B
Property Plant Equipment238.3B210.8B194.9B198.6B228.4B232.7B
Capital Lease Obligations30.5B28.4B27.5B27.6B27.7B25.6B

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When determining whether Shell PLC ADR is a strong investment it is important to analyze Shell PLC'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 Shell PLC's future performance. For an informed investment choice regarding Shell 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 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 Investing Opportunities module to build portfolios using our predefined set of ideas and optimize them against your investing preferences.

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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
(0.95)
Dividend Share
1.294
Earnings Share
5.7
Revenue Per Share
94.044
Quarterly Revenue Growth
(0.22)
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.