Comstock Net Receivables vs Other Stockholder Equity Analysis
CRK Stock | USD 11.71 0.13 1.12% |
Comstock Resources financial indicator trend analysis is way more than just evaluating Comstock Resources prevailing accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Comstock Resources is a good investment. Please check the relationship between Comstock Resources Net Receivables and its Other Stockholder Equity accounts. Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in Comstock 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 metropolitan statistical area. For more information on how to buy Comstock Stock please use our How to buy in Comstock Stock guide.
Net Receivables vs Other Stockholder Equity
Net Receivables vs Other Stockholder Equity Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Comstock Resources Net Receivables account and Other Stockholder Equity. At this time, the significance of the direction appears to have significant contrarian relationship.
The correlation between Comstock Resources' Net Receivables and Other Stockholder Equity is -0.22. Overlapping area represents the amount of variation of Net Receivables that can explain the historical movement of Other Stockholder Equity in the same time period over historical financial statements of Comstock Resources, assuming nothing else is changed. The correlation between historical values of Comstock Resources' Net Receivables and Other 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 Receivables of Comstock Resources are associated (or correlated) with its Other Stockholder Equity. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Other Stockholder Equity has no effect on the direction of Net Receivables i.e., Comstock Resources' Net Receivables and Other Stockholder Equity go up and down completely randomly.
Correlation Coefficient | -0.22 |
Relationship Direction | Negative |
Relationship Strength | Insignificant |
Net Receivables
Other Stockholder Equity
Most indicators from Comstock Resources' fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Comstock 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 Comstock 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 metropolitan statistical area. For more information on how to buy Comstock Stock please use our How to buy in Comstock Stock guide.At this time, Comstock Resources' Selling General Administrative is quite stable compared to the past year. Enterprise Value is expected to rise to about 1.1 B this year, although the value of Discontinued Operations will most likely fall to about 118.2 M.
2021 | 2022 | 2023 | 2024 (projected) | Depreciation And Amortization | 632.1M | 490.0M | 607.9M | 638.3M | Cost Of Revenue | 752.9M | 1.3B | 1.3B | 1.4B |
Comstock Resources fundamental ratios Correlations
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Comstock Resources Account Relationship Matchups
High Positive Relationship
High Negative Relationship
Comstock Resources fundamental ratios Accounts
2019 | 2020 | 2021 | 2022 | 2023 | 2024 (projected) | ||
Total Assets | 4.7B | 4.6B | 4.7B | 5.7B | 6.5B | 6.8B | |
Short Long Term Debt Total | 2.5B | 2.5B | 2.6B | 2.2B | 2.7B | 2.8B | |
Other Current Liab | 222K | 47.0M | 181.9M | (238.2M) | 132.6M | 139.2M | |
Total Current Liabilities | 392.4M | 441.6M | 634.0M | 756.1M | 681.5M | 715.6M | |
Total Stockholder Equity | 1.1B | 1.4B | 1.2B | 2.3B | 2.4B | 2.5B | |
Property Plant And Equipment Net | 4.0B | 4.1B | 4.0B | 4.7B | 5.5B | 5.7B | |
Net Debt | 2.5B | 2.5B | 2.6B | 2.2B | 2.7B | 2.8B | |
Retained Earnings | 138.6M | 55.2M | (204.0M) | 886.1M | 958.3M | 1.0B | |
Non Current Assets Total | 4.4B | 4.4B | 4.3B | 5.0B | 6.0B | 6.3B | |
Non Currrent Assets Other | 8.8M | 701K | (197.4M) | (425.7M) | (383.2M) | (364.0M) | |
Common Stock Shares Outstanding | 187.4M | 215.2M | 231.6M | 277.5M | 276.8M | 290.6M | |
Liabilities And Stockholders Equity | 4.7B | 4.6B | 4.7B | 5.7B | 6.5B | 6.8B | |
Non Current Liabilities Total | 3.1B | 2.7B | 2.8B | 2.7B | 3.4B | 3.6B | |
Other Current Assets | 195.8M | 14.8M | 15.1M | 56.3M | 199.3M | 209.3M | |
Other Stockholder Equity | 529.8M | 1.1B | 1.1B | 1.3B | 1.3B | 767.5M | |
Total Liab | 3.5B | 3.2B | 3.5B | 3.4B | 4.1B | 4.3B | |
Property Plant And Equipment Gross | 4.0B | 4.1B | 5.1B | 6.2B | 7.6B | 8.0B | |
Total Current Assets | 303.6M | 199.8M | 318.7M | 645.0M | 461.5M | 484.6M | |
Net Receivables | 189.1M | 145.8M | 267.7M | 510.1M | 245.5M | 257.8M | |
Short Term Debt | 7.0M | 2.3M | 2.4M | 38.4M | 23.8M | 22.6M | |
Cash | 18.5M | 30.3M | 30.7M | 54.7M | 16.7M | 20.2M | |
Cash And Short Term Investments | 18.5M | 30.3M | 30.7M | 54.7M | 16.7M | 29.1M | |
Accounts Payable | 253.0M | 259.3M | 314.6M | 530.2M | 523.3M | 549.4M | |
Inventory | 4.5M | 3.1M | 5.0M | 34.8M | 40.0M | 42.0M | |
Common Stock | 95.0M | 116.2M | 116.5M | 138.8M | 139.2M | 146.2M | |
Common Stock Total Equity | 95.0M | 116.2M | 116.5M | 138.8M | 159.6M | 167.6M | |
Net Tangible Assets | 1.2B | 1.1B | 676.9M | 1.9B | 2.2B | 2.3B | |
Long Term Debt | 2.5B | 2.5B | 2.6B | 2.2B | 2.6B | 1.7B | |
Retained Earnings Total Equity | 138.6M | 55.2M | (204.0M) | 886.1M | 797.5M | 837.4M | |
Long Term Debt Total | 2.5B | 2.5B | 2.6B | 2.2B | 2.5B | 1.7B | |
Capital Surpluse | 909.4M | 1.1B | 1.1B | 1.3B | 1.4B | 757.2M | |
Deferred Long Term Liab | 216.0M | 202.9M | 201.5M | 425.7M | 489.6M | 514.1M | |
Non Current Liabilities Other | 26.0M | 20.5M | 29.8M | 81.5M | 93.7M | 98.4M | |
Property Plant Equipment | 4.0B | 4.1B | 4.0B | 4.6B | 5.3B | 2.7B | |
Accumulated Depreciation | (486.5M) | (902.3M) | (1.1B) | (1.5B) | (1.8B) | (1.9B) |
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Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in Comstock 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 metropolitan statistical area. For more information on how to buy Comstock Stock please use our How to buy in Comstock Stock guide.You can also try the Instant Ratings module to determine any equity ratings based on digital recommendations. Macroaxis instant equity ratings are based on combination of fundamental analysis and risk-adjusted market performance.
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When running Comstock Resources' price analysis, check to measure Comstock 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 Comstock Resources is operating at the current time. Most of Comstock Resources' value examination focuses on studying past and present price action to predict the probability of Comstock Resources' future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Comstock Resources' price. Additionally, you may evaluate how the addition of Comstock Resources to your portfolios can decrease your overall portfolio volatility.
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Is Comstock 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 Comstock Resources. If investors know Comstock 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 Comstock 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 (0.79) | Dividend Share 0.375 | Earnings Share 0.22 | Revenue Per Share 5.092 | Quarterly Revenue Growth (0.31) |
The market value of Comstock Resources is measured differently than its book value, which is the value of Comstock that is recorded on the company's balance sheet. Investors also form their own opinion of Comstock Resources' value that differs from its market value or its book value, called intrinsic value, which is Comstock 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 Comstock Resources' market value can be influenced by many factors that don't directly affect Comstock 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 Comstock Resources' value and its price as these two are different measures arrived at by different means. Investors typically determine if Comstock Resources is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Comstock 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.