Shell Research Development vs Income Before Tax Analysis

SHEL Stock

USD 67.82 0.95 1.42%

Shell PLC financial indicator trend analysis is much more than just breaking down Shell PLC ADR prevalent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Shell PLC ADR is a good investment. Please check the relationship between Shell PLC Research Development and its Income Before Tax accounts. Check out World Market Map to better understand how to build diversified portfolios, which includes a position in Shell PLC 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 income.

Research Development vs Income Before Tax

Research Development vs Income Before Tax Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Shell PLC ADR Research Development account and Income Before Tax. At this time, the significance of the direction appears to have weak contrarian relationship.

The correlation between Shell PLC's Research Development and Income Before Tax is -0.09. Overlapping area represents the amount of variation of Research Development that can explain the historical movement of Income Before Tax in the same time period over historical financial statements of Shell PLC ADR, assuming nothing else is changed. The correlation between historical values of Shell PLC's Research Development and Income Before Tax is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Research Development of Shell PLC ADR are associated (or correlated) with its Income Before Tax. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Income Before Tax has no effect on the direction of Research Development i.e., Shell PLC's Research Development and Income Before Tax go up and down completely randomly.

Correlation Coefficient

-0.09

Relationship Direction	Negative
Relationship Strength	Insignificant

View All Relationships

Research Development

Income Before Tax

Income Before Tax which can also be referred as pre-tax income is reported on Shell PLC income statement and is an important metric when analyzing Shell PLC ADR profitability. Accounting techniques because taxes can be complex, and not perfectly consistent from one company to company, an analyst may use pre-tax income as a more stable measure of profitability.

Most indicators from Shell PLC's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Shell PLC 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 World Market Map to better understand how to build diversified portfolios, which includes a position in Shell PLC 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 income.

At this time, Shell PLC's Enterprise Value Over EBITDA is quite stable compared to the past year. Enterprise Value Multiple is expected to rise to 10.36 this year, although the value of Tax Provision will most likely fall to about 9.6 B.

	2021	2022	2023	2024 (projected)
Research Development	815M	1.1B	1.3B	982.4M
EBIT	30.9B	66.9B	23.5B	33.4B

Research Development Ebit

Shell PLC fundamental ratios Correlations

	Total Assets	Short Long Term Debt Total	Other Current Liab	Total Current Liabilities	Total Stockholder Equity	Property Plant And Equipment Net	Current Deferred Revenue	Net Debt	Accounts Payable	Cash	Non Current Assets Total	Non Currrent Assets Other	Cash And Short Term Investments	Common Stock Shares Outstanding	Short Term Investments	Non Current Liabilities Total	Inventory	Total Liab	Total Current Assets	Short Term Debt	Other Current Assets	Other Stockholder Equity	Property Plant And Equipment Gross	Retained Earnings	Net Receivables	Common Stock Total Equity
Total Assets		0.75	0.21	0.74	0.95	0.91	-0.04	0.62	0.53	0.54	0.94	0.22	0.54	-0.84	0.0	0.85	0.73	0.97	0.78	0.31	-0.15	-0.52	0.48	0.78	0.72	0.44
Short Long Term Debt Total	0.75		-0.2	0.24	0.55	0.82	0.3	0.92	-0.04	0.54	0.83	-0.33	0.54	-0.4	0.0	0.97	0.23	0.84	0.36	0.71	-0.59	-0.12	0.43	0.31	0.39	0.73
Other Current Liab	0.21	-0.2		0.25	0.37	0.17	-0.75	-0.31	0.2	0.25	0.16	0.47	0.25	-0.38	0.28	-0.04	0.24	0.08	0.24	-0.39	0.37	-0.56	0.22	0.65	0.09	-0.01
Total Current Liabilities	0.74	0.24	0.25		0.73	0.43	0.06	0.06	0.82	0.46	0.48	0.38	0.46	-0.77	0.27	0.35	0.93	0.7	0.97	-0.1	0.0	-0.48	0.54	0.64	0.93	0.03
Total Stockholder Equity	0.95	0.55	0.37	0.73		0.87	-0.27	0.46	0.6	0.36	0.89	0.44	0.36	-0.88	-0.12	0.68	0.78	0.84	0.72	0.16	0.13	-0.61	0.32	0.89	0.62	0.28
Property Plant And Equipment Net	0.91	0.82	0.17	0.43	0.87		-0.16	0.79	0.3	0.36	0.99	0.12	0.36	-0.72	-0.23	0.9	0.48	0.87	0.46	0.49	-0.13	-0.49	0.26	0.71	0.42	0.47
Current Deferred Revenue	-0.04	0.3	-0.75	0.06	-0.27	-0.16		0.27	-0.19	0.27	-0.12	-0.71	0.27	0.22	0.36	0.13	-0.02	0.13	0.13	0.4	-0.71	0.42	0.41	-0.44	0.28	0.33
Net Debt	0.62	0.92	-0.31	0.06	0.46	0.79	0.27		-0.1	0.23	0.78	-0.32	0.23	-0.27	-0.18	0.87	0.16	0.69	0.11	0.81	-0.46	0.01	0.21	0.19	0.19	0.67
Accounts Payable	0.53	-0.04	0.2	0.82	0.6	0.3	-0.19	-0.1		0.09	0.34	0.68	0.09	-0.7	-0.14	0.11	0.8	0.44	0.69	-0.31	0.37	-0.47	0.13	0.49	0.69	-0.4
Cash	0.54	0.54	0.25	0.46	0.36	0.36	0.27	0.23	0.09		0.39	-0.3	1.0	-0.44	0.61	0.56	0.24	0.63	0.62	0.13	-0.6	-0.35	0.85	0.38	0.57	0.5
Non Current Assets Total	0.94	0.83	0.16	0.48	0.89	0.99	-0.12	0.78	0.34	0.39		0.16	0.39	-0.75	-0.2	0.91	0.54	0.91	0.52	0.46	-0.12	-0.47	0.31	0.71	0.47	0.5
Non Currrent Assets Other	0.22	-0.33	0.47	0.38	0.44	0.12	-0.71	-0.32	0.68	-0.3	0.16		-0.3	-0.42	-0.38	-0.15	0.44	0.05	0.26	-0.56	0.85	-0.37	-0.35	0.44	0.11	-0.47
Cash And Short Term Investments	0.54	0.54	0.25	0.46	0.36	0.36	0.27	0.23	0.09	1.0	0.39	-0.3		-0.44	0.61	0.56	0.24	0.62	0.62	0.13	-0.6	-0.35	0.85	0.38	0.57	0.5
Common Stock Shares Outstanding	-0.84	-0.4	-0.38	-0.77	-0.88	-0.72	0.22	-0.27	-0.7	-0.44	-0.75	-0.42	-0.44		0.09	-0.56	-0.74	-0.76	-0.74	-0.04	-0.17	0.86	-0.33	-0.88	-0.6	-0.01
Short Term Investments	0.0	0.0	0.28	0.27	-0.12	-0.23	0.36	-0.18	-0.14	0.61	-0.2	-0.38	0.61	0.09		-0.04	0.13	0.08	0.36	-0.07	-0.51	0.08	0.78	0.03	0.41	0.41
Non Current Liabilities Total	0.85	0.97	-0.04	0.35	0.68	0.9	0.13	0.87	0.11	0.56	0.91	-0.15	0.56	-0.56	-0.04		0.32	0.91	0.46	0.56	-0.45	-0.3	0.44	0.48	0.44	0.65
Inventory	0.73	0.23	0.24	0.93	0.78	0.48	-0.02	0.16	0.8	0.24	0.54	0.44	0.24	-0.74	0.13	0.32		0.65	0.84	0.02	0.12	-0.4	0.41	0.65	0.83	0.05
Total Liab	0.97	0.84	0.08	0.7	0.84	0.87	0.13	0.69	0.44	0.63	0.91	0.05	0.62	-0.76	0.08	0.91	0.65		0.77	0.39	-0.34	-0.44	0.57	0.65	0.74	0.51
Total Current Assets	0.78	0.36	0.24	0.97	0.72	0.46	0.13	0.11	0.69	0.62	0.52	0.26	0.62	-0.74	0.36	0.46	0.84	0.77		-0.08	-0.15	-0.45	0.65	0.64	0.94	0.18
Short Term Debt	0.31	0.71	-0.39	-0.1	0.16	0.49	0.4	0.81	-0.31	0.13	0.46	-0.56	0.13	-0.04	-0.07	0.56	0.02	0.39	-0.08		-0.55	0.17	0.08	-0.05	0.05	0.55
Other Current Assets	-0.15	-0.59	0.37	0.0	0.13	-0.13	-0.71	-0.46	0.37	-0.6	-0.12	0.85	-0.6	-0.17	-0.51	-0.45	0.12	-0.34	-0.15	-0.55		-0.29	-0.62	0.25	-0.33	-0.58
Other Stockholder Equity	-0.52	-0.12	-0.56	-0.48	-0.61	-0.49	0.42	0.01	-0.47	-0.35	-0.47	-0.37	-0.35	0.86	0.08	-0.3	-0.4	-0.44	-0.45	0.17	-0.29		-0.18	-0.82	-0.26	0.2
Property Plant And Equipment Gross	0.48	0.43	0.22	0.54	0.32	0.26	0.41	0.21	0.13	0.85	0.31	-0.35	0.85	-0.33	0.78	0.44	0.41	0.57	0.65	0.08	-0.62	-0.18		0.33	0.69	0.58
Retained Earnings	0.78	0.31	0.65	0.64	0.89	0.71	-0.44	0.19	0.49	0.38	0.71	0.44	0.38	-0.88	0.03	0.48	0.65	0.65	0.64	-0.05	0.25	-0.82	0.33		0.46	0.17
Net Receivables	0.72	0.39	0.09	0.93	0.62	0.42	0.28	0.19	0.69	0.57	0.47	0.11	0.57	-0.6	0.41	0.44	0.83	0.74	0.94	0.05	-0.33	-0.26	0.69	0.46		0.19
Common Stock Total Equity	0.44	0.73	-0.01	0.03	0.28	0.47	0.33	0.67	-0.4	0.5	0.5	-0.47	0.5	-0.01	0.41	0.65	0.05	0.51	0.18	0.55	-0.58	0.2	0.58	0.17	0.19

Click cells to compare fundamentals

Shell PLC Account Relationship Matchups

Shell PLC fundamental ratios Accounts

	2019	2020	2021	2022	2023	2024 (projected)
Total Assets	404.3B	379.3B	404.4B	443.0B	406.3B	321.5B
Short Long Term Debt Total	96.4B	108.0B	89.1B	83.8B	81.5B	50.0B
Other Current Liab	37.3B	1M	(1M)	33.0B	47.5B	49.9B
Total Current Liabilities	79.6B	74.0B	95.5B	121.3B	95.5B	84.5B
Total Stockholder Equity	186.5B	155.3B	172.0B	190.5B	186.6B	149.4B
Property Plant And Equipment Net	238.3B	210.8B	194.9B	198.6B	194.8B	159.1B
Current Deferred Revenue	15.4B	15.4B	24.2B	3.4B	3.1B	3.2B
Net Debt	78.4B	76.2B	52.1B	43.5B	42.8B	31.7B
Accounts Payable	49.2B	41.7B	63.2B	79.4B	34.6B	55.2B
Cash	18.1B	31.8B	37.0B	40.2B	38.8B	40.7B
Non Current Assets Total	311.6B	288.6B	275.6B	277.1B	272.2B	222.8B
Non Currrent Assets Other	1M	(1M)	10.4B	41.6B	11.3B	10.8B
Cash And Short Term Investments	18.1B	31.8B	37.0B	40.2B	38.8B	40.7B
Common Stock Shares Outstanding	4.1B	3.9B	3.9B	3.7B	3.4B	4.0B
Liabilities And Stockholders Equity	404.3B	379.3B	404.4B	443.0B	406.3B	321.5B
Non Current Liabilities Total	134.2B	146.8B	133.5B	129.1B	122.4B	84.4B
Inventory	24.1B	19.5B	25.3B	31.9B	26.0B	22.8B
Total Liab	213.9B	220.7B	229.1B	250.4B	217.9B	168.9B
Total Current Assets	92.7B	90.7B	128.8B	165.9B	134.1B	98.7B
Short Term Debt	15.1B	16.9B	8.2B	9.0B	9.9B	9.2B
Other Current Assets	49.9B	49.6B	1M	(1M)	16.0B	15.2B
Other Stockholder Equity	13.4B	12.0B	18.3B	20.4B	(843M)	(800.9M)
Property Plant And Equipment Gross	238.3B	210.8B	436.8B	435.0B	455.1B	477.8B
Retained Earnings	172.4B	142.6B	153.0B	169.5B	203.2B	167.6B
Net Receivables	50.6B	39.4B	66.5B	93.8B	53.3B	49.9B
Common Stock Total Equity	696M	685M	657M	651M	748.7M	640.4M
Accumulated Other Comprehensive Income	(23.0B)	(24.7B)	(18.5B)	(16.3B)	(16.3B)	(17.1B)
Intangible Assets	9.3B	8.7B	9.8B	9.7B	10.3B	7.2B
Common Stock	657M	651M	641M	584M	544M	516.8M
Good Will	14.2B	14.2B	14.9B	16.0B	16.7B	10.9B
Long Term Debt	55.8B	66.8B	57.5B	51.5B	48.5B	57.3B
Short Long Term Debt	10.1B	12.8B	4.1B	4.6B	5.3B	8.6B
Other Liab	52.9B	55.7B	52.6B	54.3B	48.9B	44.2B
Net Tangible Assets	163.0B	132.5B	147.3B	164.8B	148.3B	127.7B
Other Assets	(1M)	1M	28.8B	25.5B	23.0B	15.5B
Property Plant Equipment	238.3B	210.8B	194.9B	198.6B	228.4B	232.7B
Capital Lease Obligations	30.5B	28.4B	27.5B	27.6B	27.7B	25.6B

Building efficient market-beating portfolios requires time, education, and a lot of computing power!

The Portfolio Architect is an AI-driven system that provides multiple benefits to our users by leveraging cutting-edge machine learning algorithms, statistical analysis, and predictive modeling to automate the process of asset selection and portfolio construction, saving time and reducing human error for individual and institutional investors.

Try AI Portfolio Architect

Additional Information and Resources on Investing in Shell Stock

When determining whether Shell PLC ADR is a strong investment it is important to analyze Shell PLC's competitive position within its industry, examining market share, product or service uniqueness, and competitive advantages. Beyond financials and market position, potential investors should also consider broader economic conditions, industry trends, and any regulatory or geopolitical factors that may impact Shell PLC's future performance. For an informed investment choice regarding Shell Stock, refer to the following important reports:

How To Invest In Shell

Details

Is Shell Stock a good investment?

Details

What is Shell PLC's Net Worth?

Details

Largest Oil & Gas Exploration & Production Companies

View

Largest Oil & Gas Integrated Companies

View

Check out World Market Map to better understand how to build diversified portfolios, which includes a position in Shell PLC 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 income.

You can also try the Equity Valuation module to check real value of public entities based on technical and fundamental data.

Is Oil & Gas Exploration & Production 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 Shell PLC. If investors know Shell 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 Shell PLC 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

0.196

Dividend Share

1.363

Earnings Share

5.64

Revenue Per Share

92.868

Quarterly Revenue Growth

(0)

The market value of Shell PLC ADR is measured differently than its book value, which is the value of Shell that is recorded on the company's balance sheet. Investors also form their own opinion of Shell PLC's value that differs from its market value or its book value, called intrinsic value, which is Shell PLC'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 Shell PLC's market value can be influenced by many factors that don't directly affect Shell PLC'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 Shell PLC's value and its price as these two are different measures arrived at by different means. Investors typically determine if Shell PLC is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Shell PLC'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.

Macroaxis helps investors of all levels and skills to maximize the upside of all their holdings and minimize the risk associated with market volatility, economic swings, and company-specific events. View terms and conditions

Feedback Blog

Made with optimal in San Francisco

2024 Macroaxis LLC

Shell Research Development vs Income Before Tax Analysis

Research Development vs Income Before Tax

Research Development vs Income Before Tax Correlation Analysis

Correlation Coefficient

Research Development

Income Before Tax

Shell PLC fundamental ratios Correlations

Shell PLC Account Relationship Matchups

High Positive Relationship

High Negative Relationship

Shell PLC fundamental ratios Accounts

Building efficient market-beating portfolios requires time, education, and a lot of computing power!

Additional Information and Resources on Investing in Shell Stock

COMMON DESTINATIONS

MAIN CATEGORIES

COMPANY

Cash And Short Term Investments	+ 1.0	Cash
Non Current Assets Total	+ 0.99	Property Plant And Equipment Net
Total Liab	+ 0.97	Total Assets
Non Current Liabilities Total	+ 0.97	Short Long Term Debt Total
Total Current Assets	+ 0.97	Total Current Liabilities
Total Stockholder Equity	+ 0.95	Total Assets

Retained Earnings	- 0.88	Common Stock Shares Outstanding
Common Stock Shares Outstanding	- 0.88	Total Stockholder Equity
Common Stock Shares Outstanding	- 0.84	Total Assets
Retained Earnings	- 0.82	Other Stockholder Equity
Common Stock Shares Outstanding	- 0.77	Total Current Liabilities
Total Liab	- 0.76	Common Stock Shares Outstanding