Tatneft Accounts Payable vs Property Plant Equipment 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 Accounts Payable and its Property Plant Equipment 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 closely tied 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.

Accounts Payable vs Property Plant Equipment

Accounts Payable vs Property Plant Equipment Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Tatneft ADR Accounts Payable account and Property Plant Equipment. At this time, the significance of the direction appears to have almost identical trend.
The correlation between Tatneft ADR's Accounts Payable and Property Plant Equipment is 0.95. Overlapping area represents the amount of variation of Accounts Payable that can explain the historical movement of Property Plant Equipment 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 Accounts Payable and Property Plant Equipment is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Accounts Payable of Tatneft ADR are associated (or correlated) with its Property Plant Equipment. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Property Plant Equipment has no effect on the direction of Accounts Payable i.e., Tatneft ADR's Accounts Payable and Property Plant Equipment go up and down completely randomly.

Correlation Coefficient

0.95
Relationship DirectionPositive 
Relationship StrengthVery Strong

Accounts Payable

An accounting item on the balance sheet that represents Tatneft ADR obligation to pay off a short-term debt to its creditors. The accounts payable entry is usually reported under current liabilities. If accounts payable of Tatneft ADR are not paid within the agreed terms, the payables are considered to be in default, which may trigger a penalty or interest payment, or the revocation of additional credit from the supplier. Accounts payable may also be considered a source of cash, since they represent funds being borrowed from suppliers. Given these cash flow considerations, suppliers have a natural inclination to push for shorter payment terms, while creditors want to lengthen the payment terms. The amount a company owes to suppliers or vendors for products or services received but not yet paid for. It represents the company's short-term liabilities.

Property Plant Equipment

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 closely tied 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 2025, despite the fact that Discontinued Operations is likely to grow to (12.3 B).
 2020 2021 2024 2025 (projected)
Gross Profit590.5B1.1T1.3T1.3T
Total Revenue720.7B1.3T1.5T1.5T

Tatneft ADR fundamental ratios Correlations

0.910.960.880.940.990.980.940.880.830.430.920.850.960.69-0.030.980.960.30.970.770.70.99-0.250.740.04
0.910.990.760.80.880.890.830.840.930.380.90.850.870.68-0.110.960.850.470.910.690.460.87-0.10.69-0.06
0.960.990.810.870.930.940.890.870.90.370.910.890.930.66-0.090.990.890.380.950.760.530.92-0.190.75-0.01
0.880.760.810.790.850.840.810.770.840.470.780.670.810.760.180.830.880.280.810.610.840.86-0.160.690.01
0.940.80.870.790.970.960.920.80.670.280.860.850.960.47-0.250.920.870.060.930.870.640.97-0.410.810.14
0.990.880.930.850.971.00.930.880.770.360.930.870.970.64-0.140.960.950.20.980.780.670.99-0.30.770.14
0.980.890.940.840.961.00.940.880.780.340.930.890.970.63-0.170.960.940.190.980.790.630.99-0.310.80.15
0.940.830.890.810.920.930.940.760.720.350.780.820.930.56-0.040.920.910.010.90.880.550.95-0.430.810.09
0.880.840.870.770.80.880.880.760.760.460.890.860.840.55-0.070.870.80.360.940.520.60.84-0.090.660.31
0.830.930.90.840.670.770.780.720.760.50.830.720.730.760.010.880.780.560.80.560.550.76-0.050.62-0.16
0.430.380.370.470.280.360.340.350.460.50.460.190.220.460.280.40.450.490.350.20.550.37-0.180.02-0.29
0.920.90.910.780.860.930.930.780.890.830.460.810.870.69-0.220.910.890.450.940.60.630.9-0.10.630.02
0.850.850.890.670.850.870.890.820.860.720.190.810.90.43-0.320.880.70.120.940.710.360.83-0.430.850.39
0.960.870.930.810.960.970.970.930.840.730.220.870.90.53-0.190.950.890.120.960.840.580.97-0.320.850.14
0.690.680.660.760.470.640.630.560.550.760.460.690.430.530.390.640.780.630.590.230.680.640.140.25-0.24
-0.03-0.11-0.090.18-0.25-0.14-0.17-0.04-0.070.010.28-0.22-0.32-0.190.39-0.090.120.3-0.2-0.280.33-0.090.34-0.38-0.24
0.980.960.990.830.920.960.960.920.870.880.40.910.880.950.64-0.090.910.330.960.80.580.96-0.250.760.0
0.960.850.890.880.870.950.940.910.80.780.450.890.70.890.780.120.910.310.890.70.750.96-0.120.63-0.08
0.30.470.380.280.060.20.190.010.360.560.490.450.120.120.630.30.330.310.25-0.170.360.20.48-0.23-0.44
0.970.910.950.810.930.980.980.90.940.80.350.940.940.960.59-0.20.960.890.250.740.590.95-0.280.80.22
0.770.690.760.610.870.780.790.880.520.560.20.60.710.840.23-0.280.80.7-0.170.740.350.82-0.580.81-0.06
0.70.460.530.840.640.670.630.550.60.550.550.630.360.580.680.330.580.750.360.590.350.7-0.030.32-0.07
0.990.870.920.860.970.990.990.950.840.760.370.90.830.970.64-0.090.960.960.20.950.820.7-0.30.760.06
-0.25-0.1-0.19-0.16-0.41-0.3-0.31-0.43-0.09-0.05-0.18-0.1-0.43-0.320.140.34-0.25-0.120.48-0.28-0.58-0.03-0.3-0.48-0.26
0.740.690.750.690.810.770.80.810.660.620.020.630.850.850.25-0.380.760.63-0.230.80.810.320.76-0.480.34
0.04-0.06-0.010.010.140.140.150.090.31-0.16-0.290.020.390.14-0.24-0.240.0-0.08-0.440.22-0.06-0.070.06-0.260.34
Click cells to compare fundamentals

Tatneft ADR Account Relationship Matchups

Tatneft ADR fundamental ratios Accounts

202020212022202320242025 (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)

Also Currently Popular

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.

Additional Tools for Tatneft Stock Analysis

When running Tatneft ADR's price analysis, check to measure Tatneft ADR'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 Tatneft ADR is operating at the current time. Most of Tatneft ADR's value examination focuses on studying past and present price action to predict the probability of Tatneft ADR's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Tatneft ADR's price. Additionally, you may evaluate how the addition of Tatneft ADR to your portfolios can decrease your overall portfolio volatility.