Civitas Accounts Payable vs Deferred Long Term Liab Analysis

CIVI Stock

USD 73.50 1.59 2.21%

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

For more detail on how to invest in Civitas Stock please use our How to Invest in Civitas Resources guide.

Accounts Payable vs Deferred Long Term Liab

Accounts Payable vs Deferred Long Term Liab Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Civitas Resources Accounts Payable account and Deferred Long Term Liab. At this time, the significance of the direction appears to have very strong relationship.

The correlation between Civitas Resources' Accounts Payable and Deferred Long Term Liab is 0.88. Overlapping area represents the amount of variation of Accounts Payable that can explain the historical movement of Deferred Long Term Liab in the same time period over historical financial statements of Civitas Resources, assuming nothing else is changed. The correlation between historical values of Civitas Resources' Accounts Payable and Deferred Long Term Liab is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Accounts Payable of Civitas Resources are associated (or correlated) with its Deferred Long Term Liab. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Deferred Long Term Liab has no effect on the direction of Accounts Payable i.e., Civitas Resources' Accounts Payable and Deferred Long Term Liab go up and down completely randomly.

Correlation Coefficient

0.88

Relationship Direction	Positive
Relationship Strength	Strong

View All Relationships

Accounts Payable

An accounting item on the balance sheet that represents Civitas Resources obligation to pay off a short-term debt to its creditors. The accounts payable entry is usually reported under current liabilities. If accounts payable of Civitas Resources are not paid within the agreed terms, the payables are considered to be in default, which may trigger a penalty or interest payment, or the revocation of additional credit from the supplier. Accounts payable may also be considered a source of cash, since they represent funds being borrowed from suppliers. Given these cash flow considerations, suppliers have a natural inclination to push for shorter payment terms, while creditors want to lengthen the payment terms. The amount a company owes to suppliers or vendors for products or services received but not yet paid for. It represents the company's short-term liabilities.

Deferred Long Term Liab

Liabilities that are due after more than one year, including deferred tax liabilities and deferred revenue.

Most indicators from Civitas Resources' fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Civitas Resources 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 Civitas Resources. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in real.

For more detail on how to invest in Civitas Stock please use our How to Invest in Civitas Resources guide.The Civitas Resources' current Selling General Administrative is estimated to increase to about 169.1 M, while Tax Provision is projected to decrease to under 119.3 M.

	2021	2022	2023	2024 (projected)
Interest Expense	9.7M	32.2M	166.7M	175.0M
Depreciation And Amortization	226.9M	816.4M	1.2B	1.2B

Interest Expense Depreciation And Amortization

Civitas Resources fundamental ratios Correlations

	Total Assets	Other Current Liab	Total Current Liabilities	Total Stockholder Equity	Property Plant And Equipment Net	Net Debt	Retained Earnings	Cash	Non Current Assets Total	Non Currrent Assets Other	Cash And Short Term Investments	Common Stock Shares Outstanding	Non Current Liabilities Total	Inventory	Other Current Assets	Other Stockholder Equity	Total Liab	Total Current Assets	Common Stock	Short Long Term Debt Total	Accounts Payable	Net Receivables	Good Will	Short Term Debt	Intangible Assets	Other Liab
Total Assets		0.97	0.97	0.95	0.74	0.72	0.92	0.75	1.0	0.47	0.75	-0.07	0.94	0.91	1.0	0.92	0.95	0.88	0.91	0.92	-0.33	-0.2	-0.45	-0.19	-0.35	-0.3
Other Current Liab	0.97		1.0	0.86	0.83	0.82	0.98	0.84	0.96	0.31	0.84	-0.08	0.99	0.91	0.99	0.81	0.99	0.94	0.8	0.8	-0.29	-0.18	-0.4	-0.16	-0.31	-0.27
Total Current Liabilities	0.97	1.0		0.86	0.83	0.82	0.99	0.84	0.96	0.3	0.84	-0.08	0.99	0.91	0.99	0.81	0.99	0.94	0.8	0.8	-0.29	-0.18	-0.39	-0.16	-0.3	-0.26
Total Stockholder Equity	0.95	0.86	0.86		0.53	0.51	0.76	0.55	0.97	0.67	0.55	-0.06	0.79	0.81	0.93	1.0	0.81	0.72	0.99	0.99	-0.36	-0.22	-0.49	-0.2	-0.38	-0.33
Property Plant And Equipment Net	0.74	0.83	0.83	0.53		1.0	0.9	1.0	0.68	-0.25	1.0	-0.05	0.9	0.91	0.75	0.45	0.89	0.97	0.45	0.44	-0.15	-0.09	-0.21	-0.09	-0.16	-0.14
Net Debt	0.72	0.82	0.82	0.51	1.0		0.89	1.0	0.67	-0.27	1.0	-0.05	0.89	0.9	0.74	0.44	0.88	0.96	0.43	0.43	-0.15	-0.09	-0.21	-0.08	-0.16	-0.13
Retained Earnings	0.92	0.98	0.99	0.76	0.9	0.89		0.91	0.89	0.14	0.91	-0.08	1.0	0.91	0.94	0.7	1.0	0.97	0.69	0.69	-0.24	-0.15	-0.33	-0.15	-0.26	-0.22
Cash	0.75	0.84	0.84	0.55	1.0	1.0	0.91		0.7	-0.23	1.0	-0.06	0.91	0.92	0.77	0.47	0.9	0.97	0.47	0.46	-0.16	-0.1	-0.23	-0.09	-0.17	-0.15
Non Current Assets Total	1.0	0.96	0.96	0.97	0.68	0.67	0.89	0.7		0.53	0.7	-0.07	0.91	0.88	0.99	0.94	0.92	0.84	0.94	0.94	-0.34	-0.21	-0.46	-0.19	-0.36	-0.31
Non Currrent Assets Other	0.47	0.31	0.3	0.67	-0.25	-0.27	0.14	-0.23	0.53		-0.23	-0.03	0.17	0.11	0.44	0.73	0.19	-0.01	0.72	0.73	-0.27	-0.17	-0.36	-0.15	-0.28	-0.25
Cash And Short Term Investments	0.75	0.84	0.84	0.55	1.0	1.0	0.91	1.0	0.7	-0.23		-0.06	0.91	0.92	0.77	0.47	0.9	0.97	0.47	0.46	-0.16	-0.1	-0.23	-0.09	-0.17	-0.15
Common Stock Shares Outstanding	-0.07	-0.08	-0.08	-0.06	-0.05	-0.05	-0.08	-0.06	-0.07	-0.03	-0.06		-0.08	-0.05	-0.08	-0.06	-0.08	-0.06	-0.05	-0.06	0.67	0.67	0.37	0.16	0.48	0.73
Non Current Liabilities Total	0.94	0.99	0.99	0.79	0.9	0.89	1.0	0.91	0.91	0.17	0.91	-0.08		0.93	0.95	0.73	1.0	0.97	0.72	0.72	-0.26	-0.16	-0.35	-0.15	-0.27	-0.24
Inventory	0.91	0.91	0.91	0.81	0.91	0.9	0.91	0.92	0.88	0.11	0.92	-0.05	0.93		0.9	0.76	0.93	0.97	0.76	0.76	-0.27	-0.16	-0.36	-0.15	-0.27	-0.24
Other Current Assets	1.0	0.99	0.99	0.93	0.75	0.74	0.94	0.77	0.99	0.44	0.77	-0.08	0.95	0.9		0.9	0.96	0.89	0.89	0.89	-0.33	-0.21	-0.44	-0.18	-0.35	-0.3
Other Stockholder Equity	0.92	0.81	0.81	1.0	0.45	0.44	0.7	0.47	0.94	0.73	0.47	-0.06	0.73	0.76	0.9		0.75	0.65	0.99	1.0	-0.36	-0.23	-0.49	-0.2	-0.38	-0.33
Total Liab	0.95	0.99	0.99	0.81	0.89	0.88	1.0	0.9	0.92	0.19	0.9	-0.08	1.0	0.93	0.96	0.75		0.97	0.74	0.74	-0.27	-0.16	-0.36	-0.15	-0.28	-0.24
Total Current Assets	0.88	0.94	0.94	0.72	0.97	0.96	0.97	0.97	0.84	-0.01	0.97	-0.06	0.97	0.97	0.89	0.65	0.97		0.64	0.64	-0.23	-0.14	-0.31	-0.13	-0.24	-0.21
Common Stock	0.91	0.8	0.8	0.99	0.45	0.43	0.69	0.47	0.94	0.72	0.47	-0.05	0.72	0.76	0.89	0.99	0.74	0.64		0.99	-0.28	-0.14	-0.42	-0.25	-0.3	-0.24
Short Long Term Debt Total	0.92	0.8	0.8	0.99	0.44	0.43	0.69	0.46	0.94	0.73	0.46	-0.06	0.72	0.76	0.89	1.0	0.74	0.64	0.99		-0.37	-0.23	-0.49	-0.2	-0.38	-0.33
Accounts Payable	-0.33	-0.29	-0.29	-0.36	-0.15	-0.15	-0.24	-0.16	-0.34	-0.27	-0.16	0.67	-0.26	-0.27	-0.33	-0.36	-0.27	-0.23	-0.28	-0.37		0.94	0.71	-0.05	0.74	0.96
Net Receivables	-0.2	-0.18	-0.18	-0.22	-0.09	-0.09	-0.15	-0.1	-0.21	-0.17	-0.1	0.67	-0.16	-0.16	-0.21	-0.23	-0.16	-0.14	-0.14	-0.23	0.94		0.68	-0.11	0.82	0.96
Good Will	-0.45	-0.4	-0.39	-0.49	-0.21	-0.21	-0.33	-0.23	-0.46	-0.36	-0.23	0.37	-0.35	-0.36	-0.44	-0.49	-0.36	-0.31	-0.42	-0.49	0.71	0.68		-0.12	0.88	0.71
Short Term Debt	-0.19	-0.16	-0.16	-0.2	-0.09	-0.08	-0.15	-0.09	-0.19	-0.15	-0.09	0.16	-0.15	-0.15	-0.18	-0.2	-0.15	-0.13	-0.25	-0.2	-0.05	-0.11	-0.12		-0.09	-0.02
Intangible Assets	-0.35	-0.31	-0.3	-0.38	-0.16	-0.16	-0.26	-0.17	-0.36	-0.28	-0.17	0.48	-0.27	-0.27	-0.35	-0.38	-0.28	-0.24	-0.3	-0.38	0.74	0.82	0.88	-0.09		0.81
Other Liab	-0.3	-0.27	-0.26	-0.33	-0.14	-0.13	-0.22	-0.15	-0.31	-0.25	-0.15	0.73	-0.24	-0.24	-0.3	-0.33	-0.24	-0.21	-0.24	-0.33	0.96	0.96	0.71	-0.02	0.81

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Civitas Resources Account Relationship Matchups

Civitas Resources fundamental ratios Accounts

	2019	2020	2021	2022	2023	2024 (projected)
Total Assets	1.2B	1.2B	6.7B	8.0B	14.1B	13.4B
Other Current Liab	6.4M	6.4M	219.8M	11.2M	899.8M	854.8M
Total Current Liabilities	104.7M	74.5M	1.1B	1.2B	1.9B	1.8B
Total Stockholder Equity	936.7M	1.0B	4.7B	5.4B	6.2B	5.9B
Property Plant And Equipment Net	1.1B	1.0B	6.0B	6.6B	11.9B	11.3B
Net Debt	110.4M	5.3M	277.5M	(350.0M)	3.8B	3.6B
Retained Earnings	230.2M	333.8M	451.0M	1.2B	1.2B	1.2B
Cash	11.0M	24.7M	254.5M	768.0M	1.1B	1.1B
Non Current Assets Total	1.1B	1.1B	6.0B	6.6B	12.0B	11.4B
Non Currrent Assets Other	1.8M	2.9M	14.1M	(311.9M)	(526.7M)	(500.4M)
Cash And Short Term Investments	11.0M	24.7M	254.5M	768.0M	1.1B	1.1B
Common Stock Shares Outstanding	20.7M	20.9M	37.7M	85.6M	87.0M	47.5M
Liabilities And Stockholders Equity	1.2B	1.2B	6.7B	8.0B	14.1B	13.4B
Non Current Liabilities Total	164.9M	63.1M	966.5M	1.4B	6.1B	5.8B
Inventory	7.7M	9.2M	12.4M	32.1M	207.9M	197.5M
Other Current Assets	9.9M	11.1M	24.4M	49.0M	58.5M	55.6M
Other Stockholder Equity	702.2M	707.2M	4.2B	4.2B	5.0B	4.7B
Total Liab	269.6M	137.6M	2.1B	2.6B	7.9B	7.5B
Total Current Assets	110.5M	92.4M	719.9M	1.3B	2.1B	2.0B
Common Stock	4.3M	4.3M	4.9M	4.9M	5.0M	9.4M
Short Long Term Debt Total	121.4M	30.0M	532.0M	418.1M	5.0B	4.7B
Accounts Payable	46.1M	56.0M	712.4M	833.6M	821.9M	863.0M
Net Receivables	81.9M	47.4M	428.7M	479.3M	753.2M	790.8M
Short Term Debt	13.9M	12.0M	18.9M	13.5M	125.7M	105.4M
Other Liab	57.3M	45.1M	453.4M	1.0B	1.2B	1.2B
Net Tangible Assets	936.7M	1.0B	4.7B	5.4B	6.2B	6.5B
Current Deferred Revenue	65.7M	38.3M	168.4M	319.6M	4.5M	4.3M
Other Assets	2.0M	61.8M	32.9M	7.7M	8.9M	8.5M
Capital Lease Obligations	41.4M	30.0M	40.3M	102.3M	176.0M	184.8M
Net Invested Capital	1.0B	1.0B	5.1B	5.8B	11.0B	11.5B
Net Working Capital	5.8M	17.9M	(399.6M)	150.5M	292.5M	307.2M
Property Plant Equipment	1.1B	1.0B	5.9B	6.6B	7.6B	8.0B
Deferred Long Term Liab	1.4M	725K	20.0M	336.8M	387.3M	406.7M
Capital Stock	4.3M	4.3M	4.9M	4.9M	5.0M	5.1M

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

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For more detail on how to invest in Civitas Stock please use our How to Invest in Civitas Resources guide.

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

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Is Civitas Resources' 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 Civitas Resources. If investors know Civitas 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 Civitas Resources 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

(0.29)

Dividend Share

6.9

Earnings Share

8.48

Revenue Per Share

45.658

Quarterly Revenue Growth

1.026

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

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Civitas Accounts Payable vs Deferred Long Term Liab Analysis

Accounts Payable vs Deferred Long Term Liab

Accounts Payable vs Deferred Long Term Liab Correlation Analysis

Correlation Coefficient

Accounts Payable

Deferred Long Term Liab

Civitas Resources fundamental ratios Correlations

Civitas Resources Account Relationship Matchups

High Positive Relationship

High Negative Relationship

Civitas Resources fundamental ratios Accounts

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Complementary Tools for Civitas Stock analysis

COMMON DESTINATIONS

MAIN CATEGORIES

COMPANY

Non Current Assets Total	+ 1.0	Total Assets
Other Current Assets	+ 1.0	Total Assets
Total Current Liabilities	+ 1.0	Other Current Liab
Other Stockholder Equity	+ 1.0	Total Stockholder Equity
Net Debt	+ 1.0	Property Plant And Equipment Net
Cash	+ 1.0	Property Plant And Equipment Net

Good Will	- 0.49	Short Long Term Debt Total
Good Will	- 0.49	Other Stockholder Equity
Good Will	- 0.49	Total Stockholder Equity
Good Will	- 0.46	Non Current Assets Total
Good Will	- 0.45	Total Assets
Good Will	- 0.44	Other Current Assets