Euronav Nv Stock Working Capital

EURN Stock

USD 16.69 0.06 0.36%

Euronav NV fundamentals help investors to digest information that contributes to Euronav NV's financial success or failures. It also enables traders to predict the movement of Euronav Stock. The fundamental analysis module provides a way to measure Euronav NV's intrinsic value by examining its available economic and financial indicators, including the cash flow records, the balance sheet account changes, the income statement patterns, and various microeconomic indicators and financial ratios related to Euronav NV stock.

	Last Reported	Projected for Next Year
Net Working Capital	1.2 B	1.3 B
Change In Working Capital	108.1 M	113.5 M
Working Capital	-442 M	-464.2 M

At this time, Euronav NV's Net Working Capital is very stable compared to the past year. As of the 1st of May 2024, Change In Working Capital is likely to grow to about 113.5 M, while Working Capital is likely to drop (464.2 M).

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Euronav NV Company Working Capital Analysis

Euronav NV's Working Capital is a measure of company efficiency and operating liquidity. The working capital is usually calculated by subtracting Current Liabilities from Current Assets. It is an important indicator of the firm ability to continue its normal operations without additional debt obligations. .

Working Capital

Current Assets

-

Current Liabilities

More About Working Capital | All Equity Analysis

Current Euronav NV Working Capital

1.21 B

Most of Euronav NV's fundamental indicators, such as Working Capital, are part of a valuation analysis module that helps investors searching for stocks that are currently trading at higher or lower prices than their real value. If the real value is higher than the market price, Euronav NV is considered to be undervalued, and we provide a buy recommendation. Otherwise, we render a sell signal.

Euronav Working Capital Driver Correlations

Understanding the fundamental principles of building solid financial models for Euronav NV is extremely important. It helps to project a fair market value of Euronav Stock properly, considering its historical fundamentals such as Working Capital. Since Euronav NV's main accounts across its financial reports are all linked and dependent on each other, it is essential to analyze all possible correlations between related accounts. However, instead of reviewing all of Euronav NV's historical financial statements, investors can examine the correlated drivers to determine its overall health. This can be effectively done using a conventional correlation matrix of Euronav NV's interrelated accounts and indicators.

	Total Assets	Total Stockholder Equity	Net Debt	Net Receivables	Total Liab	Total Current Assets	Common Stock	Current Deferred Revenue	Retained Earnings	Accounts Payable	Short Term Debt	Intangible Assets	Long Term Debt	Treasury Stock	Property Plant Equipment	Long Term Investments	Short Long Term Debt	Net Tangible Assets	Long Term Debt Total	Capital Surpluse	Net Invested Capital	Net Working Capital	Short Term Investments	Capital Stock	Good Will
Total Assets		0.9	0.58	0.89	0.21	0.8	0.93	0.3	-0.24	-0.09	0.43	0.25	0.73	0.09	0.91	0.35	-0.75	0.82	0.82	0.8	0.83	0.24	-0.26	-0.01	0.22
Total Stockholder Equity	0.9		0.41	0.83	-0.21	0.73	0.95	0.47	0.06	-0.23	0.38	0.29	0.4	0.27	0.92	0.22	-0.88	0.9	0.72	0.74	0.63	0.31	-0.3	-0.08	0.27
Net Debt	0.58	0.41		0.46	0.14	0.34	0.35	0.3	-0.37	-0.07	0.41	-0.19	0.67	0.12	0.3	0.49	-0.24	0.15	0.33	0.27	0.41	-0.35	0.18	0.45	-0.26
Net Receivables	0.89	0.83	0.46		0.13	0.86	0.85	0.51	-0.03	0.18	0.51	0.55	0.56	-0.03	0.89	-0.01	-0.64	0.8	0.82	0.82	0.76	0.39	-0.57	-0.13	0.51
Total Liab	0.21	-0.21	0.14	0.13		0.15	0.03	-0.51	-0.65	0.32	-0.04	-0.04	0.65	-0.35	0.02	0.27	0.25	-0.11	0.24	0.17	0.43	-0.12	0.04	0.12	-0.08
Total Current Assets	0.8	0.73	0.34	0.86	0.15		0.74	0.48	0.08	0.06	0.66	0.42	0.45	-0.24	0.81	0.03	-0.53	0.71	0.79	0.79	0.65	0.49	-0.44	-0.17	0.42
Common Stock	0.93	0.95	0.35	0.85	0.03	0.74		0.25	-0.13	-0.16	0.34	0.28	0.5	0.18	0.94	0.31	-0.83	0.88	0.79	0.8	0.69	0.27	-0.29	-0.03	0.26
Current Deferred Revenue	0.3	0.47	0.3	0.51	-0.51	0.48	0.25		0.51	0.02	0.41	0.43	-0.04	-0.06	0.34	-0.33	-0.33	0.44	0.27	0.29	0.2	0.39	-0.44	-0.23	0.42
Retained Earnings	-0.24	0.06	-0.37	-0.03	-0.65	0.08	-0.13	0.51		0.08	0.14	0.25	-0.72	-0.05	-0.01	-0.5	0.12	0.14	0.0	0.05	-0.33	0.37	-0.26	-0.23	0.29
Accounts Payable	-0.09	-0.23	-0.07	0.18	0.32	0.06	-0.16	0.02	0.08		-0.06	0.46	0.07	-0.47	-0.1	-0.47	0.26	-0.2	0.03	0.02	0.0	0.06	-0.47	-0.04	0.4
Short Term Debt	0.43	0.38	0.41	0.51	-0.04	0.66	0.34	0.41	0.14	-0.06		0.36	0.19	-0.4	0.54	0.07	-0.11	0.42	0.66	0.66	0.46	0.52	-0.37	-0.31	0.39
Intangible Assets	0.25	0.29	-0.19	0.55	-0.04	0.42	0.28	0.43	0.25	0.46	0.36		0.04	-0.42	0.49	-0.67	-0.24	0.5	0.49	0.54	0.45	0.79	-1.0	-0.72	0.99
Long Term Debt	0.73	0.4	0.67	0.56	0.65	0.45	0.5	-0.04	-0.72	0.07	0.19	0.04		-0.04	0.47	0.4	-0.4	0.32	0.47	0.41	0.75	-0.07	-0.04	0.09	-0.01
Treasury Stock	0.09	0.27	0.12	-0.03	-0.35	-0.24	0.18	-0.06	-0.05	-0.47	-0.4	-0.42	-0.04		0.01	0.16	-0.37	0.06	-0.3	-0.31	-0.2	-0.44	0.41	0.39	-0.43
Property Plant Equipment	0.91	0.92	0.3	0.89	0.02	0.81	0.94	0.34	-0.01	-0.1	0.54	0.49	0.47	0.01		0.14	-0.77	0.94	0.89	0.91	0.79	0.53	-0.5	-0.3	0.49
Long Term Investments	0.35	0.22	0.49	-0.01	0.27	0.03	0.31	-0.33	-0.5	-0.47	0.07	-0.67	0.4	0.16	0.14		-0.12	0.09	0.2	0.16	0.24	-0.45	0.67	0.5	-0.67
Short Long Term Debt	-0.75	-0.88	-0.24	-0.64	0.25	-0.53	-0.83	-0.33	0.12	0.26	-0.11	-0.24	-0.4	-0.37	-0.77	-0.12		-0.73	-0.43	-0.46	-0.47	-0.26	0.24	0.17	-0.23
Net Tangible Assets	0.82	0.9	0.15	0.8	-0.11	0.71	0.88	0.44	0.14	-0.2	0.42	0.5	0.32	0.06	0.94	0.09	-0.73		0.83	0.86	0.77	0.61	-0.5	-0.39	0.51
Long Term Debt Total	0.82	0.72	0.33	0.82	0.24	0.79	0.79	0.27	0.0	0.03	0.66	0.49	0.47	-0.3	0.89	0.2	-0.43	0.83		0.99	0.84	0.53	-0.5	-0.27	0.48
Capital Surpluse	0.8	0.74	0.27	0.82	0.17	0.79	0.8	0.29	0.05	0.02	0.66	0.54	0.41	-0.31	0.91	0.16	-0.46	0.86	0.99		0.83	0.6	-0.55	-0.33	0.54
Net Invested Capital	0.83	0.63	0.41	0.76	0.43	0.65	0.69	0.2	-0.33	0.0	0.46	0.45	0.75	-0.2	0.79	0.24	-0.47	0.77	0.84	0.83		0.48	-0.44	-0.34	0.43
Net Working Capital	0.24	0.31	-0.35	0.39	-0.12	0.49	0.27	0.39	0.37	0.06	0.52	0.79	-0.07	-0.44	0.53	-0.45	-0.26	0.61	0.53	0.6	0.48		-0.77	-0.92	0.86
Short Term Investments	-0.26	-0.3	0.18	-0.57	0.04	-0.44	-0.29	-0.44	-0.26	-0.47	-0.37	-1.0	-0.04	0.41	-0.5	0.67	0.24	-0.5	-0.5	-0.55	-0.44	-0.77		0.69	-0.99
Capital Stock	-0.01	-0.08	0.45	-0.13	0.12	-0.17	-0.03	-0.23	-0.23	-0.04	-0.31	-0.72	0.09	0.39	-0.3	0.5	0.17	-0.39	-0.27	-0.33	-0.34	-0.92	0.69		-0.79
Good Will	0.22	0.27	-0.26	0.51	-0.08	0.42	0.26	0.42	0.29	0.4	0.39	0.99	-0.01	-0.43	0.49	-0.67	-0.23	0.51	0.48	0.54	0.43	0.86	-0.99	-0.79

Click cells to compare fundamentals

Working Capital can be positive or negative, depending on how much of current debt the company is carrying on its balance sheet. In general terms, companies that have a lot of working capital will experience more growth in the near future since they can expand and improve their operations using existing resources. On the other hand, companies with small or negative working capital may lack the funds necessary for growth or future operation. Working Capital also shows if the company has sufficient liquid resources to satisfy short-term liabilities and operational expenses.

Competition

Predict Euronav NV

Working Capital Over Time

Euronav Capital Surpluse

Capital Surpluse

1.55 Billion

At this time, Euronav NV's Capital Surpluse is very stable compared to the past year.

According to the company's disclosures, Euronav NV has a Working Capital of 1.21 B. This is 512.68% lower than that of the Oil, Gas & Consumable Fuels sector and notably lower than that of the Energy industry. The working capital for all United States stocks is 18.35% higher than that of the company.

Euronav Working Capital Peer Comparison

Stock peer comparison is one of the most widely used and accepted methods of equity analyses. It analyses Euronav NV's direct or indirect competition against its Working Capital to detect undervalued stocks with similar characteristics or determine the stocks which would be a good addition to a portfolio. Peer analysis of Euronav NV could also be used in its relative valuation, which is a method of valuing Euronav NV by comparing valuation metrics of similar companies.

Euronav NV is currently under evaluation in working capital category among related companies.

Euronav NV Current Valuation Drivers

We derive many important indicators used in calculating different scores of Euronav NV from analyzing Euronav NV's financial statements. These drivers represent accounts that assess Euronav NV's ability to generate profits relative to its revenue, operating costs, and shareholders' equity. Below are some of Euronav NV's important valuation drivers and their relationship over time.

	2019	2020	2021	2022	2023	2024 (projected)
Market Cap	1.3B	2.7B	1.8B	3.4B	3.6B	3.7B
Enterprise Value	2.9B	4.2B	3.4B	5.0B	4.1B	4.3B

Euronav Fundamentals

	Return On Equity	0.38
	Return On Asset	0.1
	Profit Margin	0.69 %
	Operating Margin	0.38 %
	Current Valuation	3.88 B
	Shares Outstanding	194.22 M
	Shares Owned By Insiders	80.52 %
	Shares Owned By Institutions	27.24 %
	Number Of Shares Shorted	2.35 M
	Price To Earning	8.73 X
	Price To Book	1.34 X
	Price To Sales	2.59 X
	Revenue	1.26 B
	Gross Profit	457.62 M
	EBITDA	811.61 M
	Net Income	875.98 M
	Cash And Equivalents	277.22 M
	Cash Per Share	1.37 X
	Total Debt	929.95 M
	Debt To Equity	1.06 %
	Current Ratio	2.10 X
	Book Value Per Share	11.66 X
	Cash Flow From Operations	854.9 M
	Short Ratio	2.10 X
	Earnings Per Share	4.25 X
	Price To Earnings To Growth	(3.43) X
	Target Price	18.84
	Beta	-0.15
	Market Capitalization	3.27 B
	Total Asset	3.42 B
	Retained Earnings	807.25 M
	Working Capital	1.21 B
	Current Asset	375.05 M
	Current Liabilities	179.51 M
	Annual Yield	0.19 %
	Five Year Return	5.04 %
	Net Asset	3.42 B
	Last Dividend Paid	2.07

About Euronav NV Fundamental Analysis

The Macroaxis Fundamental Analysis modules help investors analyze Euronav NV's financials across various querterly and yearly statements, indicators and fundamental ratios. We help investors to determine the real value of Euronav NV using virtually all public information available. We use both quantitative as well as qualitative analysis to arrive at the intrinsic value of Euronav NV based on its fundamental data. In general, a quantitative approach, as applied to this company, focuses on analyzing financial statements comparatively, whereas a qaualitative method uses data that is important to a company's growth but cannot be measured and presented in a numerical way.

Please read more on our fundamental analysis page.

Pair Trading with Euronav NV

One of the main advantages of trading using pair correlations is that every trade hedges away some risk. Because there are two separate transactions required, even if Euronav NV position performs unexpectedly, the other equity can make up some of the losses. Pair trading also minimizes risk from directional movements in the market. For example, if an entire industry or sector drops because of unexpected headlines, the short position in Euronav NV will appreciate offsetting losses from the drop in the long position's value.

Moving against Euronav Stock

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0.74	ET	Energy Transfer LP Earnings Call This Week	Pair Corr
0.71	EPD	Enterprise Products Financial Report 7th of May 2024	Pair Corr
0.69	ENLC	EnLink Midstream LLC Downward Rally	Pair Corr

The ability to find closely correlated positions to Euronav NV could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Euronav NV when you sell it. If you don't do this, your portfolio allocation will be skewed against your target asset allocation. So, investors can't just sell and buy back Euronav NV - that would be a violation of the tax code under the "wash sale" rule, and this is why you need to find a similar enough asset and use the proceeds from selling Euronav NV to buy it.

The correlation of Euronav NV is a statistical measure of how it moves in relation to other instruments. This measure is expressed in what is known as the correlation coefficient, which ranges between -1 and +1. A perfect positive correlation (i.e., a correlation coefficient of +1) implies that as Euronav NV moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Euronav NV moves in either direction, the perfectly negatively correlated security will move in the opposite direction. If the correlation is 0, the equities are not correlated; they are entirely random. A correlation greater than 0.8 is generally described as strong, whereas a correlation less than 0.5 is generally considered weak.

Correlation analysis and pair trading evaluation for Euronav NV can also be used as hedging techniques within a particular sector or industry or even over random equities to generate a better risk-adjusted return on your portfolios.

Pair Correlation Correlation Matching

When determining whether Euronav NV offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of Euronav NV's financial statements, including income statements, balance sheets, and cash flow statements, to assess its financial health. Key financial ratios are used to gauge profitability, efficiency, and growth potential of Euronav Nv Stock. Outlined below are crucial reports that will aid in making a well-informed decision on Euronav Nv Stock:

How To Invest In Euronav

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Is Euronav Stock a good investment?

Details

What is Euronav NV's Net Worth?

Details

Largest Oil & Gas Midstream Companies

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Largest Energy Companies

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Check out Euronav NV Piotroski F Score and Euronav NV Altman Z Score analysis.

To learn how to invest in Euronav Stock, please use our How to Invest in Euronav NV guide.

You can also try the Premium Stories module to follow Macroaxis premium stories from verified contributors across different equity types, categories and coverage scope.

Complementary Tools for Euronav Stock analysis

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

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Is Euronav NV's industry 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 Euronav NV. If investors know Euronav 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 Euronav NV 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

0.724

Dividend Share

2.07

Earnings Share

4.25

Revenue Per Share

6.117

Quarterly Revenue Growth

(0.27)

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

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Euronav Nv Stock Working Capital

Euronav NV Company Working Capital Analysis

Working Capital

Current Assets

-

Current Liabilities

Current Euronav NV Working Capital

Euronav Working Capital Driver Correlations

Euronav Capital Surpluse

Capital Surpluse

1.55 Billion

Euronav Working Capital Peer Comparison

Euronav NV Current Valuation Drivers

Euronav Fundamentals

About Euronav NV Fundamental Analysis

Pair Trading with Euronav NV

Moving against Euronav Stock

Complementary Tools for Euronav Stock analysis

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