Seadrill Minority Interest vs Cost Of Revenue Analysis
SDRL Stock | USD 40.68 0.81 2.03% |
Seadrill financial indicator trend analysis is much more than just breaking down Seadrill Limited prevalent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Seadrill Limited is a good investment. Please check the relationship between Seadrill Minority Interest and its Cost Of Revenue accounts. Check out World Market Map to better understand how to build diversified portfolios, which includes a position in Seadrill Limited. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in metropolitan statistical area.
Minority Interest vs Cost Of Revenue
Minority Interest vs Cost Of Revenue Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Seadrill Limited Minority Interest account and Cost Of Revenue. At this time, the significance of the direction appears to have fragmental relationship.
The correlation between Seadrill's Minority Interest and Cost Of Revenue is 0.47. Overlapping area represents the amount of variation of Minority Interest that can explain the historical movement of Cost Of Revenue in the same time period over historical financial statements of Seadrill Limited, assuming nothing else is changed. The correlation between historical values of Seadrill's Minority Interest and Cost Of Revenue is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Minority Interest of Seadrill Limited are associated (or correlated) with its Cost Of Revenue. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Cost Of Revenue has no effect on the direction of Minority Interest i.e., Seadrill's Minority Interest and Cost Of Revenue go up and down completely randomly.
Correlation Coefficient | 0.47 |
Relationship Direction | Positive |
Relationship Strength | Weak |
Minority Interest
Minority Interest is the portion of a subsidiary corporation stock that is not owned by the parent corporation. The magnitude of the minority interest in the subsidiary company is generally less than 50% of outstanding shares, otherwise the corporation would generally cease to be a subsidiary of the parent. Minority Interest can also be called non-controlling interest.All shareholders of Seadrill Limited whose combined shares represent less than 50% of the total outstanding shares issued by Seadrill have a minority interest in Seadrill.Cost Of Revenue
Cost of Revenue is found on Seadrill Limited income statement and represents the costs associated with goods and services Seadrill provides. Indirect cost, such as salaries, is not included. In other words, cost of revenue is the total cost incurred to obtain a sale. It is more than the traditional cost of goods sold, since it includes specific selling and marketing activities.Most indicators from Seadrill's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Seadrill Limited 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 World Market Map to better understand how to build diversified portfolios, which includes a position in Seadrill Limited. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in metropolitan statistical area. At this time, Seadrill's Tax Provision is quite stable compared to the past year. Discontinued Operations is expected to rise to about 6 M this year, although the value of Selling General Administrative will most likely fall to about 63.3 M.
2021 | 2022 | 2023 | 2024 (projected) | Interest Expense | 109M | 90.7M | 59M | 56.1M | Depreciation And Amortization | 123.7M | 149.1M | 155M | 147.3M |
Seadrill fundamental ratios Correlations
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Seadrill Account Relationship Matchups
High Positive Relationship
High Negative Relationship
Seadrill fundamental ratios Accounts
2019 | 2020 | 2021 | 2022 | 2023 | 2024 (projected) | ||
Total Assets | 9.3B | 4.0B | 2.9B | 2.8B | 4.2B | 4.0B | |
Other Current Liab | 295M | 736M | 1.2B | 306M | 272.1M | 258.5M | |
Total Current Liabilities | 770M | 6.5B | 293M | 404M | 389M | 369.6M | |
Total Stockholder Equity | 1.6B | (3.1B) | 1.6B | 1.7B | 3.0B | 1.7B | |
Property Plant And Equipment Net | 6.4B | 2.1B | 1.8B | 1.7B | 2.9B | 2.7B | |
Net Debt | 5.3B | 5.6B | 533M | 38M | (89M) | (84.6M) | |
Retained Earnings | (1.9B) | (6.6B) | 1.6B | 201M | 501M | 368.1M | |
Cash | 1.1B | 491M | 375M | 480M | 697M | 682.1M | |
Non Current Assets Total | 7.5B | 2.9B | 2.0B | 1.9B | 3.1B | 2.9B | |
Non Currrent Assets Other | 1.1B | 45M | 174M | 155M | 143M | 150.2M | |
Cash And Short Term Investments | 1.1B | 491M | 375M | 480M | 697M | 786.3M | |
Common Stock Shares Outstanding | 505M | 301.4M | 100M | 50.0M | 74M | 70.3M | |
Short Term Investments | 124M | 57M | 11M | 121M | 108.9M | 150.6M | |
Non Current Liabilities Total | 6.7B | 556M | 1.0B | 695M | 846M | 803.7M | |
Other Stockholder Equity | 3.5B | 3.5B | 3.5B | 1.5B | 2.5B | 2.6B | |
Total Liab | 7.5B | 7.1B | 1.3B | 1.1B | 1.2B | 1.2B | |
Total Current Assets | 1.8B | 1.1B | 924M | 857M | 1.1B | 1.7B | |
Short Long Term Debt Total | 6.4B | 6.1B | 908M | 518M | 608M | 577.6M | |
Net Receivables | 173M | 125M | 186M | 164M | 231M | 168.5M | |
Liabilities And Stockholders Equity | 9.3B | 4.0B | 2.9B | 2.8B | 4.2B | 4.5B | |
Other Current Assets | 158M | 343M | 1.5B | 213M | 230M | 430.5M | |
Accumulated Other Comprehensive Income | (13M) | (26M) | (15.0M) | 2M | 1M | 1.1M | |
Short Term Debt | 343M | 5.8B | 30.0M | 22M | 2.0M | 1.9M |
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Is Energy Equipment & Services space 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 Seadrill. If investors know Seadrill 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 Seadrill 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 (0.55) | Earnings Share 5.78 | Revenue Per Share 20.648 | Quarterly Revenue Growth (0.15) | Return On Assets 0.0404 |
The market value of Seadrill Limited is measured differently than its book value, which is the value of Seadrill that is recorded on the company's balance sheet. Investors also form their own opinion of Seadrill's value that differs from its market value or its book value, called intrinsic value, which is Seadrill'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 Seadrill's market value can be influenced by many factors that don't directly affect Seadrill'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 Seadrill's value and its price as these two are different measures arrived at by different means. Investors typically determine if Seadrill is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Seadrill'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.