Nabors Common Stock Shares Outstanding vs Total Current Liabilities Analysis
| NETDW Stock | 0.29 0.00 0.000003% |
Nabors Energy financial indicator trend analysis is infinitely more than just investigating Nabors Energy Transition recent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Nabors Energy Transition is a good investment. Please check the relationship between Nabors Energy Common Stock Shares Outstanding and its Total Current Liabilities accounts. Check out Correlation Analysis to better understand how to build diversified portfolios, which includes a position in Nabors Energy Transition. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in national income and product accounts.
Common Stock Shares Outstanding vs Total Current Liabilities
Common Stock Shares Outstanding vs Total Current Liabilities Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Nabors Energy Transition Common Stock Shares Outstanding account and Total Current Liabilities. At this time, the significance of the direction appears to have pay attention.
The correlation between Nabors Energy's Common Stock Shares Outstanding and Total Current Liabilities is -0.87. Overlapping area represents the amount of variation of Common Stock Shares Outstanding that can explain the historical movement of Total Current Liabilities in the same time period over historical financial statements of Nabors Energy Transition, assuming nothing else is changed. The correlation between historical values of Nabors Energy's Common Stock Shares Outstanding and Total Current Liabilities is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Common Stock Shares Outstanding of Nabors Energy Transition are associated (or correlated) with its Total Current Liabilities. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Total Current Liabilities has no effect on the direction of Common Stock Shares Outstanding i.e., Nabors Energy's Common Stock Shares Outstanding and Total Current Liabilities go up and down completely randomly.
Correlation Coefficient | -0.87 |
| Relationship Direction | Negative |
| Relationship Strength | Significant |
Common Stock Shares Outstanding
The total number of shares of a company's common stock that are currently owned by all its shareholders.Total Current Liabilities
Total Current Liabilities is an item on Nabors Energy balance sheet that include short term debt, accounts payable, accrued salaries payable, payroll taxes payable, accrued liabilities and other debts. Total Current Liabilities of Nabors Energy Transition are important to investors because some useful performance ratios such as Current Ratio and Quick Ratio require Total Current Liabilities to be accurate. The total amount of liabilities that a company is expected to pay within one year, including debts, accounts payable, and other short-term financial obligations.Most indicators from Nabors Energy's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Nabors Energy Transition 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 Energy Transition. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in national income and product accounts. Selling General Administrative is likely to drop to about 2.6 M in 2025. Enterprise Value Over EBITDA is likely to drop to -104.26 in 2025
| 2010 | 2024 | 2025 (projected) | Income Before Tax | 10.1M | 12.0M | 12.1M | Total Operating Expenses | 450.7K | 4.2M | 2.5M |
Nabors Energy fundamental ratios Correlations
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Nabors Energy Account Relationship Matchups
High Positive Relationship
High Negative Relationship
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When running Nabors Energy's price analysis, check to measure Nabors Energy'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 Nabors Energy is operating at the current time. Most of Nabors Energy's value examination focuses on studying past and present price action to predict the probability of Nabors Energy's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Nabors Energy's price. Additionally, you may evaluate how the addition of Nabors Energy to your portfolios can decrease your overall portfolio volatility.