ChampionX Net Invested Capital vs Total Stockholder Equity Analysis

CHX Stock

USD 34.36 0.17 0.50%

ChampionX financial indicator trend analysis is way more than just evaluating ChampionX prevailing accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether ChampionX is a good investment. Please check the relationship between ChampionX Net Invested Capital and its Total Stockholder Equity accounts. Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in ChampionX. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in rate.

For more information on how to buy ChampionX Stock please use our How to Invest in ChampionX guide.

Net Invested Capital vs Total Stockholder Equity

Net Invested Capital vs Total Stockholder Equity Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of ChampionX Net Invested Capital account and Total Stockholder Equity. At this time, the significance of the direction appears to have fragmental relationship.

The correlation between ChampionX's Net Invested Capital and Total Stockholder Equity is 0.4. Overlapping area represents the amount of variation of Net Invested Capital that can explain the historical movement of Total Stockholder Equity in the same time period over historical financial statements of ChampionX, assuming nothing else is changed. The correlation between historical values of ChampionX's Net Invested Capital and Total Stockholder 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 Net Invested Capital of ChampionX are associated (or correlated) with its Total Stockholder Equity. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Total Stockholder Equity has no effect on the direction of Net Invested Capital i.e., ChampionX's Net Invested Capital and Total Stockholder Equity go up and down completely randomly.

Correlation Coefficient

0.4

Relationship Direction	Positive
Relationship Strength	Weak

View All Relationships

Net Invested Capital

The total amount of capital invested in a company, including both equity and debt, minus any cash or cash equivalents.

Total Stockholder Equity

The total equity held by shareholders, calculated as the difference between a company's total assets and total liabilities. It represents the net value of the company owned by shareholders.

Most indicators from ChampionX's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into ChampionX 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 Trending Equities to better understand how to build diversified portfolios, which includes a position in ChampionX. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in rate.

For more information on how to buy ChampionX Stock please use our How to Invest in ChampionX guide.Tax Provision is likely to rise to about 94.9 M in 2024, whereas Selling General Administrative is likely to drop slightly above 427.6 M in 2024.

	2021	2022	2023	2024 (projected)
Gross Profit	743.3M	898.7M	1.1B	601.8M
Total Revenue	3.1B	3.8B	3.8B	2.2B

Gross Profit Total Revenue

ChampionX fundamental ratios Correlations

	Total Assets	Short Long Term Debt Total	Other Current Liab	Total Current Liabilities	Total Stockholder Equity	Property Plant And Equipment Net	Net Debt	Accounts Payable	Cash	Non Current Assets Total	Non Currrent Assets Other	Other Assets	Cash And Short Term Investments	Net Receivables	Good Will	Common Stock Shares Outstanding	Long Term Debt Total	Non Current Liabilities Total	Inventory	Other Current Assets	Other Stockholder Equity	Total Liab	Property Plant And Equipment Gross	Total Current Assets	Intangible Assets	Property Plant Equipment
Total Assets		0.79	0.99	0.97	0.39	0.99	0.65	0.95	0.92	0.94	0.77	0.89	0.92	0.99	-0.95	0.96	0.79	0.84	0.98	0.98	0.78	0.94	0.83	0.98	-0.16	0.97
Short Long Term Debt Total	0.79		0.83	0.8	-0.24	0.81	0.97	0.78	0.77	0.68	0.87	0.69	0.77	0.85	-0.75	0.72	1.0	0.99	0.75	0.88	0.76	0.95	0.66	0.81	-0.46	0.81
Other Current Liab	0.99	0.83		0.99	0.31	0.99	0.69	0.97	0.92	0.89	0.8	0.87	0.92	0.99	-0.94	0.97	0.84	0.86	0.98	0.99	0.81	0.96	0.84	0.99	-0.25	0.98
Total Current Liabilities	0.97	0.8	0.99		0.31	0.97	0.64	0.99	0.93	0.83	0.77	0.88	0.93	0.99	-0.92	0.99	0.8	0.82	0.99	0.98	0.82	0.94	0.85	1.0	-0.33	0.95
Total Stockholder Equity	0.39	-0.24	0.31	0.31		0.35	-0.42	0.3	0.32	0.5	-0.07	0.36	0.32	0.27	-0.39	0.4	-0.24	-0.15	0.39	0.23	0.1	0.06	0.33	0.32	0.49	0.33
Property Plant And Equipment Net	0.99	0.81	0.99	0.97	0.35		0.67	0.94	0.92	0.91	0.77	0.85	0.92	0.98	-0.94	0.94	0.82	0.85	0.96	0.97	0.79	0.94	0.84	0.98	-0.2	1.0
Net Debt	0.65	0.97	0.69	0.64	-0.42	0.67		0.62	0.62	0.56	0.81	0.55	0.62	0.72	-0.61	0.55	0.97	0.96	0.59	0.75	0.66	0.86	0.51	0.66	-0.45	0.67
Accounts Payable	0.95	0.78	0.97	0.99	0.3	0.94	0.62		0.93	0.79	0.76	0.9	0.93	0.97	-0.91	0.99	0.79	0.79	0.99	0.96	0.81	0.92	0.84	0.99	-0.38	0.93
Cash	0.92	0.77	0.92	0.93	0.32	0.92	0.62	0.93		0.82	0.75	0.8	1.0	0.92	-0.99	0.93	0.77	0.78	0.93	0.91	0.81	0.89	0.95	0.93	-0.43	0.89
Non Current Assets Total	0.94	0.68	0.89	0.83	0.5	0.91	0.56	0.79	0.82		0.67	0.81	0.82	0.88	-0.89	0.82	0.67	0.76	0.85	0.88	0.65	0.83	0.71	0.86	0.13	0.89
Non Currrent Assets Other	0.77	0.87	0.8	0.77	-0.07	0.77	0.81	0.76	0.75	0.67		0.74	0.75	0.81	-0.73	0.72	0.86	0.86	0.72	0.85	0.95	0.86	0.6	0.78	-0.42	0.76
Other Assets	0.89	0.69	0.87	0.88	0.36	0.85	0.55	0.9	0.8	0.81	0.74		0.8	0.87	-0.78	0.9	0.68	0.72	0.9	0.88	0.71	0.83	0.61	0.88	-0.13	0.81
Cash And Short Term Investments	0.92	0.77	0.92	0.93	0.32	0.92	0.62	0.93	1.0	0.82	0.75	0.8		0.92	-0.99	0.93	0.77	0.78	0.93	0.91	0.81	0.89	0.95	0.93	-0.43	0.89
Net Receivables	0.99	0.85	0.99	0.99	0.27	0.98	0.72	0.97	0.92	0.88	0.81	0.87	0.92		-0.93	0.96	0.85	0.88	0.98	0.99	0.83	0.97	0.84	0.99	-0.29	0.97
Good Will	-0.95	-0.75	-0.94	-0.92	-0.39	-0.94	-0.61	-0.91	-0.99	-0.89	-0.73	-0.78	-0.99	-0.93		-0.92	-0.75	-0.78	-0.93	-0.92	-0.78	-0.89	-0.95	-0.94	0.29	-0.92
Common Stock Shares Outstanding	0.96	0.72	0.97	0.99	0.4	0.94	0.55	0.99	0.93	0.82	0.72	0.9	0.93	0.96	-0.92		0.73	0.74	1.0	0.95	0.78	0.89	0.85	0.98	-0.3	0.93
Long Term Debt Total	0.79	1.0	0.84	0.8	-0.24	0.82	0.97	0.79	0.77	0.67	0.86	0.68	0.77	0.85	-0.75	0.73		0.98	0.76	0.87	0.76	0.95	0.66	0.82	-0.48	0.82
Non Current Liabilities Total	0.84	0.99	0.86	0.82	-0.15	0.85	0.96	0.79	0.78	0.76	0.86	0.72	0.78	0.88	-0.78	0.74	0.98		0.78	0.9	0.75	0.96	0.66	0.84	-0.34	0.84
Inventory	0.98	0.75	0.98	0.99	0.39	0.96	0.59	0.99	0.93	0.85	0.72	0.9	0.93	0.98	-0.93	1.0	0.76	0.78		0.96	0.77	0.92	0.85	0.99	-0.27	0.95
Other Current Assets	0.98	0.88	0.99	0.98	0.23	0.97	0.75	0.96	0.91	0.88	0.85	0.88	0.91	0.99	-0.92	0.95	0.87	0.9	0.96		0.84	0.98	0.81	0.98	-0.3	0.96
Other Stockholder Equity	0.78	0.76	0.81	0.82	0.1	0.79	0.66	0.81	0.81	0.65	0.95	0.71	0.81	0.83	-0.78	0.78	0.76	0.75	0.77	0.84		0.81	0.7	0.82	-0.47	0.79
Total Liab	0.94	0.95	0.96	0.94	0.06	0.94	0.86	0.92	0.89	0.83	0.86	0.83	0.89	0.97	-0.89	0.89	0.95	0.96	0.92	0.98	0.81		0.78	0.95	-0.35	0.94
Property Plant And Equipment Gross	0.83	0.66	0.84	0.85	0.33	0.84	0.51	0.84	0.95	0.71	0.6	0.61	0.95	0.84	-0.95	0.85	0.66	0.66	0.85	0.81	0.7	0.78		0.85	-0.47	0.83
Total Current Assets	0.98	0.81	0.99	1.0	0.32	0.98	0.66	0.99	0.93	0.86	0.78	0.88	0.93	0.99	-0.94	0.98	0.82	0.84	0.99	0.98	0.82	0.95	0.85		-0.3	0.97
Intangible Assets	-0.16	-0.46	-0.25	-0.33	0.49	-0.2	-0.45	-0.38	-0.43	0.13	-0.42	-0.13	-0.43	-0.29	0.29	-0.3	-0.48	-0.34	-0.27	-0.3	-0.47	-0.35	-0.47	-0.3		-0.2
Property Plant Equipment	0.97	0.81	0.98	0.95	0.33	1.0	0.67	0.93	0.89	0.89	0.76	0.81	0.89	0.97	-0.92	0.93	0.82	0.84	0.95	0.96	0.79	0.94	0.83	0.97	-0.2

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ChampionX Account Relationship Matchups

ChampionX fundamental ratios Accounts

	2019	2020	2021	2022	2023	2024 (projected)
Total Assets	1.9B	3.5B	3.5B	3.4B	3.2B	2.8B
Short Long Term Debt Total	559.8M	932.6M	724.5M	628.0M	665.8M	511.8M
Other Current Liab	79.4M	279.4M	286.7M	288.9M	274.2M	173.5M
Total Current Liabilities	199.7M	622.6M	802.3M	859.0M	782.7M	471.8M
Total Stockholder Equity	1.0B	1.6B	1.8B	1.7B	1.7B	1.7B
Property Plant And Equipment Net	248.2M	854.5M	776.8M	734.8M	843.1M	531.5M
Net Debt	524.5M	731.2M	472.8M	377.8M	377.2M	373.8M
Accounts Payable	120.3M	299.7M	473.6M	469.6M	451.7M	267.4M
Cash	35.3M	201.4M	251.7M	250.2M	288.6M	303.0M
Non Current Assets Total	1.4B	2.2B	2.1B	1.9B	1.8B	1.9B
Non Currrent Assets Other	31.4M	195.8M	192.7M	71.7M	60.6M	46.8M
Other Assets	7.1M	73.3M	192.7M	76.7M	88.2M	50.8M
Cash And Short Term Investments	35.3M	201.4M	251.7M	250.2M	288.6M	303.0M
Net Receivables	219.9M	559.5M	584.4M	601.1M	534.5M	398.6M
Good Will	911.1M	680.6M	702.9M	679.5M	669.1M	645.6M
Common Stock Shares Outstanding	77.6M	148.4M	208.3M	207.3M	199.9M	141.3M
Long Term Debt Total	559.8M	905.8M	697.7M	621.7M	715.0M	475.6M
Liabilities And Stockholders Equity	1.9B	3.5B	3.5B	3.4B	3.2B	2.8B
Non Current Liabilities Total	686.9M	1.2B	978.1M	851.3M	797.9M	716.1M
Inventory	211.3M	430.1M	542.9M	542.5M	521.5M	375.2M
Other Current Assets	26.9M	74.8M	78.4M	75.5M	65.2M	45.2M
Other Stockholder Equity	969.2M	2.3B	2.3B	2.2B	2.2B	1.7B
Total Liab	886.6M	1.9B	1.8B	1.7B	1.6B	1.2B
Property Plant And Equipment Gross	248.2M	977.0M	776.8M	1.5B	1.6B	1.7B
Total Current Assets	493.4M	1.3B	1.5B	1.5B	1.4B	962.9M
Accumulated Other Comprehensive Income	(44.0M)	(30.8M)	(21.6M)	(29.5M)	(36.5M)	(34.7M)
Intangible Assets	238.7M	479.0M	401.5M	305.0M	243.6M	276.9M
Property Plant Equipment	272.5M	977.0M	776.8M	827.7M	951.9M	515.2M
Other Liab	107.7M	247.1M	280.4M	157.9M	181.6M	189.9M
Net Tangible Assets	(116.9M)	466.4M	666.3M	710.1M	816.6M	857.4M
Capital Lease Obligations	9.4M	116.8M	109.9M	88.5M	65.3M	55.7M
Non Current Liabilities Other	43.0M	334.9M	142.4M	135.4M	90.2M	105.5M
Common Stock	775K	2.0M	2.0M	2.0M	1.9M	1.8M
Long Term Debt	555.3M	905.8M	697.7M	621.7M	594.3M	635.4M
Net Invested Capital	1.6B	2.6B	2.5B	2.3B	2.3B	2.3B
Net Working Capital	293.8M	643.3M	658.6M	639.6M	642.7M	549.5M
Retained Earnings	107.0M	(638.5M)	(525.2M)	(527.6M)	(455.7M)	(478.5M)
Common Stock Total Equity	775K	2.0M	2.0M	2.0M	2.3M	1.7M

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When determining whether ChampionX offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of ChampionX'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 Championx Stock. Outlined below are crucial reports that will aid in making a well-informed decision on Championx Stock:

How To Invest In ChampionX

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Is ChampionX Stock a good investment?

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What is ChampionX's Net Worth?

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Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in ChampionX. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in rate.

For more information on how to buy ChampionX Stock please use our How to Invest in ChampionX guide.

Note that the ChampionX information on this page should be used as a complementary analysis to other ChampionX's statistical models used to find the right mix of equity instruments to add to your existing portfolios or create a brand new portfolio. You can also try the Money Managers module to screen money managers from public funds and ETFs managed around the world.

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

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Is ChampionX'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 ChampionX. If investors know ChampionX 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 ChampionX 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

0.871

Dividend Share

0.35

Earnings Share

1.84

Revenue Per Share

19.216

Quarterly Revenue Growth

(0.03)

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

Net Invested Capital vs Total Stockholder Equity

Net Invested Capital vs Total Stockholder Equity Correlation Analysis

Correlation Coefficient

Net Invested Capital

Total Stockholder Equity

ChampionX fundamental ratios Correlations

ChampionX Account Relationship Matchups

High Positive Relationship

High Negative Relationship

ChampionX fundamental ratios Accounts

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COMMON DESTINATIONS

MAIN CATEGORIES

COMPANY

Long Term Debt Total	+ 1.0	Short Long Term Debt Total
Total Current Assets	+ 1.0	Total Current Liabilities
Property Plant Equipment	+ 1.0	Property Plant And Equipment Net
Cash And Short Term Investments	+ 1.0	Cash
Inventory	+ 1.0	Common Stock Shares Outstanding
Other Current Liab	+ 0.99	Total Assets

Good Will	- 0.99	Cash And Short Term Investments
Good Will	- 0.99	Cash
Property Plant And Equipment Gross	- 0.95	Good Will
Good Will	- 0.95	Total Assets
Total Current Assets	- 0.94	Good Will
Good Will	- 0.94	Property Plant And Equipment Net