Oil Property Plant And Equipment Net vs Common Stock Total Equity Analysis

OIS Stock  USD 4.64  0.46  11.00%   
Oil States financial indicator trend analysis is much more than just breaking down Oil States International prevalent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Oil States International is a good investment. Please check the relationship between Oil States Property Plant And Equipment Net and its Common Stock Total Equity accounts. Check out Your Equity Center to better understand how to build diversified portfolios, which includes a position in Oil States International. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in gross domestic product.

Property Plant And Equipment Net vs Common Stock Total Equity

Property Plant And Equipment Net vs Common Stock Total Equity Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Oil States International Property Plant And Equipment Net account and Common Stock Total Equity. At this time, the significance of the direction appears to have weak contrarian relationship.
The correlation between Oil States' Property Plant And Equipment Net and Common Stock Total Equity is -0.15. Overlapping area represents the amount of variation of Property Plant And Equipment Net that can explain the historical movement of Common Stock Total Equity in the same time period over historical financial statements of Oil States International, assuming nothing else is changed. The correlation between historical values of Oil States' Property Plant And Equipment Net and Common Stock Total 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 Property Plant And Equipment Net of Oil States International are associated (or correlated) with its Common Stock Total Equity. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Common Stock Total Equity has no effect on the direction of Property Plant And Equipment Net i.e., Oil States' Property Plant And Equipment Net and Common Stock Total Equity go up and down completely randomly.

Correlation Coefficient

-0.15
Relationship DirectionNegative 
Relationship StrengthInsignificant

Property Plant And Equipment Net

The total value of a company's physical assets (such as land, buildings, and equipment) used in operations, net of depreciation. It reflects the company's investment in assets used for production.

Common Stock Total Equity

The total value of common stock equity held by shareholders, representing their ownership interest in the company.
Most indicators from Oil States' fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Oil States 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 Equity Center to better understand how to build diversified portfolios, which includes a position in Oil States International. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in gross domestic product.
At this time, Oil States' Selling General Administrative is comparatively stable compared to the past year. Tax Provision is likely to gain to about 3.1 M in 2024, despite the fact that Discontinued Operations is likely to grow to (3.4 K).
 2021 2022 2023 2024 (projected)
Total Operating Expenses82.7M88.9M91.5M156.8M
Cost Of Revenue551.1M645.9M667.7M1.2B

Oil States fundamental ratios Correlations

0.960.970.840.720.990.66-0.170.720.220.270.940.960.980.940.650.930.870.860.95-0.110.960.840.590.270.1
0.960.940.70.740.970.74-0.350.740.30.20.810.920.930.830.710.830.950.740.90.00.850.740.560.140.07
0.970.940.80.770.950.63-0.110.770.150.190.930.960.950.930.670.880.90.810.92-0.150.950.780.590.2-0.01
0.840.70.80.330.810.56-0.050.330.210.450.930.790.840.940.250.90.560.950.84-0.080.930.940.480.640.26
0.720.740.770.330.710.39-0.051.00.120.130.630.780.690.620.830.550.720.360.58-0.090.650.30.48-0.17-0.01
0.990.970.950.810.710.69-0.240.710.270.310.90.940.940.920.640.890.880.820.91-0.050.930.80.530.30.18
0.660.740.630.560.390.69-0.790.390.770.480.50.610.710.570.40.660.660.580.680.550.580.660.520.390.31
-0.17-0.35-0.11-0.05-0.05-0.24-0.79-0.05-0.88-0.390.07-0.16-0.23-0.02-0.08-0.19-0.28-0.13-0.23-0.83-0.03-0.2-0.32-0.14-0.31
0.720.740.770.331.00.710.39-0.050.120.130.630.780.690.620.830.550.720.360.58-0.090.650.30.48-0.17-0.01
0.220.30.150.210.120.270.77-0.880.120.770.090.210.280.190.10.310.150.220.220.930.180.270.410.440.65
0.270.20.190.450.130.310.48-0.390.130.770.330.240.280.40.050.4-0.040.340.20.650.370.340.320.780.9
0.940.810.930.930.630.90.50.070.630.090.330.910.920.990.520.920.720.90.89-0.220.990.860.560.410.12
0.960.920.960.790.780.940.61-0.160.780.210.240.910.970.920.650.890.840.830.92-0.070.930.80.660.140.01
0.980.930.950.840.690.940.71-0.230.690.280.280.920.970.930.640.960.830.890.98-0.050.940.880.690.240.03
0.940.830.930.940.620.920.57-0.020.620.190.40.990.920.930.50.930.710.910.89-0.131.00.880.560.470.2
0.650.710.670.250.830.640.4-0.080.830.10.050.520.650.640.50.520.710.260.59-0.070.530.270.57-0.2-0.05
0.930.830.880.90.550.890.66-0.190.550.310.40.920.890.960.930.520.680.950.96-0.040.930.930.70.410.15
0.870.950.90.560.720.880.66-0.280.720.15-0.040.720.840.830.710.710.680.60.81-0.090.750.590.48-0.04-0.14
0.860.740.810.950.360.820.58-0.130.360.220.340.90.830.890.910.260.950.60.91-0.10.90.960.580.480.09
0.950.90.920.840.580.910.68-0.230.580.220.20.890.920.980.890.590.960.810.91-0.10.90.90.70.23-0.04
-0.110.0-0.15-0.08-0.09-0.050.55-0.83-0.090.930.65-0.22-0.07-0.05-0.13-0.07-0.04-0.09-0.1-0.1-0.14-0.020.230.290.58
0.960.850.950.930.650.930.58-0.030.650.180.370.990.930.941.00.530.930.750.90.9-0.140.870.560.430.17
0.840.740.780.940.30.80.66-0.20.30.270.340.860.80.880.880.270.930.590.960.9-0.020.870.550.490.11
0.590.560.590.480.480.530.52-0.320.480.410.320.560.660.690.560.570.70.480.580.70.230.560.550.060.02
0.270.140.20.64-0.170.30.39-0.14-0.170.440.780.410.140.240.47-0.20.41-0.040.480.230.290.430.490.060.76
0.10.07-0.010.26-0.010.180.31-0.31-0.010.650.90.120.010.030.2-0.050.15-0.140.09-0.040.580.170.110.020.76
Click cells to compare fundamentals

Oil States Account Relationship Matchups

Oil States fundamental ratios Accounts

201920202021202220232024 (projected)
Total Assets1.7B1.2B1.1B1.1B1.0B1.8B
Total Stockholder Equity1.2B757.6M695.8M689.6M709.5M1.1B
Property Plant And Equipment Net503.3M416.7M364.0M326.9M302.4M287.2M
Net Debt283.8M148.3M155.8M137.7M114.2M108.5M
Cash8.5M72.0M52.9M42.0M47.1M73.4M
Non Current Assets Total1.2B728.7M659.0M601.6M558.5M1.1B
Non Currrent Assets Other28.7M29.7M32.9M24.2M2.7M2.5M
Other Assets28.7M62.9M32.9M25.7M23.1M34.0M
Cash And Short Term Investments8.5M72.0M52.9M42.0M47.1M73.4M
Common Stock Shares Outstanding59.4M59.8M60.3M61.6M63.2M55.2M
Liabilities And Stockholders Equity1.7B1.2B1.1B1.1B1.0B1.8B
Other Stockholder Equity493.3M499.0M479.6M495.7M493.8M358.2M
Total Liab503.9M394.6M389.9M374.8M336.9M320.1M
Property Plant And Equipment Gross503.3M416.7M338.6M303.8M776.1M657.8M
Total Current Assets483.4M423.6M426.7M462.8M488.0M718.3M
Short Long Term Debt Total292.3M220.3M208.7M179.7M161.4M153.3M
Other Current Liab53.0M46.9M46.0M51.7M45.5M52.3M
Total Current Liabilities183.1M162.1M177.3M193.7M157.3M262.3M
Retained Earnings797.7M329.3M281.6M272.0M284.9M270.7M
Accounts Payable78.4M46.4M63.3M73.3M67.5M107.2M
Net Receivables233.5M163.1M186.1M218.8M203.2M349.5M
Common Stock Total Equity726K733K739K766K880.9K617.4K
Non Current Liabilities Total320.8M232.5M212.6M181.2M179.7M170.7M
Inventory221.3M170.4M168.6M182.7M202.0M298.4M
Other Current Assets20.1M18.1M19.2M19.3M35.6M21.1M
Accumulated Other Comprehensive Income(67.7M)(71.4M)(66.0M)(78.9M)(70.0M)(66.5M)
Short Term Debt33.9M25.4M24.7M24.0M7.5M7.1M
Intangible Assets230.1M205.7M185.7M169.8M153.0M148.6M
Common Stock726K733K739K766K772K626.7K
Other Liab62.5M37.6M28.7M25.4M29.2M30.0M
Long Term Debt222.6M165.8M160.5M135.1M135.5M270.3M
Good Will482.3M76.5M76.4M79.3M79.9M75.9M
Property Plant Equipment459.7M383.6M364.0M303.8M349.4M695.4M
Current Deferred Revenue17.8M43.4M43.2M44.8M36.8M35.1M
Treasury Stock(616.8M)(621.2M)(624.0M)(625.6M)(563.0M)(534.9M)
Net Tangible Assets511.6M475.4M433.7M689.6M620.6M778.3M
Retained Earnings Total Equity797.7M329.3M281.6M272.0M244.8M232.6M
Long Term Debt Total222.6M165.8M160.5M135.1M121.6M115.5M

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