Weatherford Cash And Short Term Investments vs Other Stockholder Equity Analysis
WFRD Stock | USD 120.34 1.70 1.43% |
Weatherford International financial indicator trend analysis is more than just analyzing Weatherford International current accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Weatherford International is a good investment. Please check the relationship between Weatherford International Cash And Short Term Investments and its Other Stockholder Equity accounts. Check out Your Current Watchlist to better understand how to build diversified portfolios, which includes a position in Weatherford International PLC. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in metropolitan statistical area.
Cash And Short Term Investments vs Other Stockholder Equity
Cash And Short Term Investments vs Other Stockholder Equity Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Weatherford International Cash And Short Term Investments account and Other Stockholder Equity. At this time, the significance of the direction appears to have no relationship.
The correlation between Weatherford International's Cash And Short Term Investments and Other Stockholder Equity is 0.05. Overlapping area represents the amount of variation of Cash And Short Term Investments that can explain the historical movement of Other Stockholder Equity in the same time period over historical financial statements of Weatherford International PLC, assuming nothing else is changed. The correlation between historical values of Weatherford International's Cash And Short Term Investments and Other Stockholder Equity 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 Weatherford International PLC are associated (or correlated) with its Other Stockholder Equity. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Other Stockholder Equity has no effect on the direction of Cash And Short Term Investments i.e., Weatherford International's Cash And Short Term Investments and Other Stockholder Equity go up and down completely randomly.
Correlation Coefficient | 0.05 |
Relationship Direction | Positive |
Relationship Strength | Insignificant |
Cash And Short Term Investments
Short Term Investments is an account in the current assets section of Weatherford International balance sheet. This account contains Weatherford International investments that will expire within one year. These investments include stocks and bonds that can be liquidated by Weatherford International PLC 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.Other Stockholder Equity
Most indicators from Weatherford International's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Weatherford International 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 Current Watchlist to better understand how to build diversified portfolios, which includes a position in Weatherford International PLC. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in metropolitan statistical area. At present, Weatherford International's Enterprise Value Multiple is projected to decrease significantly based on the last few years of reporting. The current year's Enterprise Value is expected to grow to about 3 B, whereas Tax Provision is forecasted to decline to about 73.1 M.
2021 | 2022 | 2023 | 2024 (projected) | Total Revenue | 3.6B | 4.3B | 5.1B | 4.9B | Depreciation And Amortization | 440M | 349M | 327M | 467.0M |
Weatherford International fundamental ratios Correlations
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Weatherford International Account Relationship Matchups
High Positive Relationship
High Negative Relationship
Weatherford International fundamental ratios Accounts
2019 | 2020 | 2021 | 2022 | 2023 | 2024 (projected) | ||
Total Assets | 7.3B | 5.4B | 4.8B | 4.7B | 5.1B | 7.8B | |
Total Current Liabilities | 1.7B | 1.4B | 1.3B | 1.5B | 1.9B | 1.6B | |
Total Stockholder Equity | 2.9B | 937M | 496M | 551M | 924M | 877.8M | |
Property Plant And Equipment Net | 2.1B | 1.2B | 996M | 918M | 1.1B | 1.0B | |
Net Debt | 1.5B | 1.7B | 1.7B | 1.5B | 1.1B | 1.0B | |
Retained Earnings | (26M) | (1.9B) | (2.4B) | (2.4B) | (2.0B) | (1.9B) | |
Cash | 618M | 1.1B | 951M | 910M | 958M | 1.0B | |
Non Current Assets Total | 3.8B | 2.3B | 1.9B | 1.7B | 1.7B | 1.6B | |
Non Currrent Assets Other | 365M | 211M | 210M | 253M | 258M | 208.7M | |
Cash And Short Term Investments | 618M | 1.1B | 951M | 910M | 958M | 1.0B | |
Net Receivables | 1.2B | 826M | 825M | 989M | 1.2B | 1.2B | |
Common Stock Shares Outstanding | 990M | 997M | 70M | 72M | 74M | 70.3M | |
Liabilities And Stockholders Equity | 7.3B | 5.4B | 4.8B | 4.7B | 5.1B | 7.7B | |
Non Current Liabilities Total | 2.7B | 3.1B | 2.9B | 2.7B | 2.3B | 3.2B | |
Other Current Assets | 440M | 349M | 303M | 253M | 278M | 329.4M | |
Other Stockholder Equity | 2.9B | 2.9B | 2.9B | 2.9B | 2.9B | 2.6B | |
Total Liab | 4.4B | 4.5B | 4.3B | 4.2B | 4.1B | 4.7B | |
Total Current Assets | 3.5B | 3.2B | 2.9B | 3.0B | 3.3B | 3.0B | |
Short Long Term Debt Total | 2.2B | 2.9B | 2.6B | 2.4B | 2.1B | 3.3B | |
Other Current Liab | 599M | 471M | 398M | 921M | 448M | 502.2M | |
Inventory | 972M | 717M | 670M | 689M | 788M | 1.2B | |
Short Term Debt | 13M | 84M | 71M | 89M | 214M | 426.8M | |
Intangible Assets | 1.1B | 810M | 657M | 506M | 370M | 723.7M | |
Accounts Payable | 585M | 325M | 380M | 460M | 679M | 627.3M | |
Accumulated Other Comprehensive Income | 9M | (43M) | (35M) | (22M) | (28M) | (29.4M) | |
Current Deferred Revenue | 475M | 482M | 483M | 525M | 603.8M | 633.9M | |
Other Liab | 341M | 357M | 402M | 379M | 341.1M | 318.4M | |
Net Tangible Assets | 1.5B | 97M | (185M) | 29M | 33.4M | 35.0M | |
Other Assets | 109M | 73M | 97M | 138M | 124.2M | 103.6M | |
Long Term Debt | 2.2B | 2.6B | 2.4B | 2.2B | 1.7B | 3.0B | |
Net Invested Capital | 5.0B | 3.5B | 2.8B | 2.7B | 2.8B | 3.2B | |
Property Plant And Equipment Gross | 2.1B | 1.4B | 1.7B | 1.8B | 2.0B | 1.6B | |
Short Long Term Debt | 383M | 13M | 4M | 31M | 151M | 97.3M | |
Non Current Liabilities Other | 554M | 357M | 530M | 496M | 152M | 144.4M | |
Net Working Capital | 1.8B | 1.8B | 1.6B | 1.6B | 1.5B | 1.7B | |
Property Plant Equipment | 2.4B | 1.4B | 996M | 918M | 826.2M | 1.4B |
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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 Weatherford International is a strong investment it is important to analyze Weatherford International'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 Weatherford International's future performance. For an informed investment choice regarding Weatherford Stock, refer to the following important reports:Check out Your Current Watchlist to better understand how to build diversified portfolios, which includes a position in Weatherford International PLC. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in metropolitan statistical area. You can also try the Portfolio Optimization module to compute new portfolio that will generate highest expected return given your specified tolerance for risk.
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When running Weatherford International's price analysis, check to measure Weatherford International'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 Weatherford International is operating at the current time. Most of Weatherford International's value examination focuses on studying past and present price action to predict the probability of Weatherford International's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Weatherford International's price. Additionally, you may evaluate how the addition of Weatherford International to your portfolios can decrease your overall portfolio volatility.
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Is Weatherford International'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 Weatherford International. If investors know Weatherford 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 Weatherford International 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 0.546 | Earnings Share 6.19 | Revenue Per Share 73.352 | Quarterly Revenue Growth 0.145 | Return On Assets 0.1107 |
The market value of Weatherford International is measured differently than its book value, which is the value of Weatherford that is recorded on the company's balance sheet. Investors also form their own opinion of Weatherford International's value that differs from its market value or its book value, called intrinsic value, which is Weatherford International'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 Weatherford International's market value can be influenced by many factors that don't directly affect Weatherford International'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 Weatherford International's value and its price as these two are different measures arrived at by different means. Investors typically determine if Weatherford International is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Weatherford International'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.