Oil Treasury Stock vs Total Assets 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 Treasury Stock and its Total Assets 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.

Treasury Stock vs Total Assets

Treasury Stock vs Total Assets Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Oil States International Treasury Stock account and Total Assets. At this time, the significance of the direction appears to have fragmental relationship.
The correlation between Oil States' Treasury Stock and Total Assets is 0.54. Overlapping area represents the amount of variation of Treasury Stock that can explain the historical movement of Total Assets 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' Treasury Stock and Total 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 Treasury Stock of Oil States International are associated (or correlated) with its Total Assets. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Total Assets has no effect on the direction of Treasury Stock i.e., Oil States' Treasury Stock and Total Assets go up and down completely randomly.

Correlation Coefficient

0.54
Relationship DirectionPositive 
Relationship StrengthWeak

Treasury Stock

Total Assets

Total assets refers to the total amount of Oil States assets owned. Assets are items that have some economic value and are expended over time to create a benefit for the owner. These assets are usually recorded in Oil States International books under different categories such as cash, marketable securities, accounts receivable,prepaid expenses, inventory, fixed assets, intangible assets, other assets, marketable securities, accounts receivable, prepaid expenses and others. The total value of all owned resources that are expected to provide future economic benefits to the business, including cash, investments, accounts receivable, inventory, property, plant, equipment, and intangible assets.
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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