Flotek Long Term Debt Total vs Treasury Stock Analysis
FTK Stock | USD 3.85 0.23 6.35% |
Flotek Industries financial indicator trend analysis is much more than just examining Flotek Industries latest accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Flotek Industries is a good investment. Please check the relationship between Flotek Industries Long Term Debt Total and its Treasury Stock accounts. Check out Investing Opportunities to better understand how to build diversified portfolios, which includes a position in Flotek Industries. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in estimate. For more information on how to buy Flotek Stock please use our How to buy in Flotek Stock guide.
Long Term Debt Total vs Treasury Stock
Long Term Debt Total vs Treasury Stock Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Flotek Industries Long Term Debt Total account and Treasury Stock. At this time, the significance of the direction appears to have fragmental relationship.
The correlation between Flotek Industries' Long Term Debt Total and Treasury Stock is 0.54. Overlapping area represents the amount of variation of Long Term Debt Total that can explain the historical movement of Treasury Stock in the same time period over historical financial statements of Flotek Industries, assuming nothing else is changed. The correlation between historical values of Flotek Industries' Long Term Debt Total and Treasury Stock is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Long Term Debt Total of Flotek Industries are associated (or correlated) with its Treasury Stock. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Treasury Stock has no effect on the direction of Long Term Debt Total i.e., Flotek Industries' Long Term Debt Total and Treasury Stock go up and down completely randomly.
Correlation Coefficient | 0.54 |
Relationship Direction | Positive |
Relationship Strength | Weak |
Long Term Debt Total
Treasury Stock
Most indicators from Flotek Industries' fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Flotek Industries 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 Investing Opportunities to better understand how to build diversified portfolios, which includes a position in Flotek Industries. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in estimate. For more information on how to buy Flotek Stock please use our How to buy in Flotek Stock guide.At this time, Flotek Industries' Enterprise Value Multiple is quite stable compared to the past year.
2021 | 2022 | 2023 | 2024 (projected) | Total Operating Expenses | 26.7M | 32.3M | 30.4M | 59.8M | Cost Of Revenue | 40.0M | 142.8M | 165.1M | 95.8M |
Flotek Industries fundamental ratios Correlations
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Flotek Industries Account Relationship Matchups
High Positive Relationship
High Negative Relationship
Flotek Industries fundamental ratios Accounts
2019 | 2020 | 2021 | 2022 | 2023 | 2024 (projected) | ||
Total Assets | 231.8M | 86.2M | 50.2M | 164.8M | 164.9M | 176.8M | |
Short Long Term Debt Total | 17.7M | 14.8M | 13.3M | 119.6M | 17.9M | 17.0M | |
Other Current Liab | 24.6M | 18.2M | 9.0M | 8.6M | 5.4M | 8.2M | |
Total Current Liabilities | 41.3M | 28.9M | 18.8M | 151.4M | 47.8M | 40.7M | |
Total Stockholder Equity | 173.3M | 47.2M | 20.2M | 2.6M | 102.0M | 100.1M | |
Property Plant And Equipment Net | 56.2M | 11.4M | 7.3M | 10.7M | 10.2M | 9.7M | |
Net Debt | (82.9M) | (23.9M) | 1.7M | 107.3M | 11.9M | 11.3M | |
Retained Earnings | (139.8M) | (278.7M) | (309.2M) | (351.5M) | (326.8M) | (310.5M) | |
Cash | 100.6M | 38.7M | 11.5M | 12.3M | 6.0M | 11.5M | |
Non Current Assets Total | 79.5M | 19.8M | 7.6M | 83.7M | 88.5M | 95.6M | |
Non Currrent Assets Other | (76.5M) | 33K | 29K | 72.6M | 1.8M | 3.3M | |
Cash And Short Term Investments | 100.6M | 38.7M | 11.5M | 12.3M | 6.0M | 11.5M | |
Net Receivables | 16.3M | 12.2M | 13.3M | 48.9M | 54.1M | 29.9M | |
Common Stock Shares Outstanding | 9.8M | 11.4M | 12.2M | 12.4M | 28.4M | 29.8M | |
Liabilities And Stockholders Equity | 231.8M | 86.2M | 50.2M | 164.8M | 164.9M | 176.8M | |
Non Current Liabilities Total | 17.2M | 10.2M | 11.3M | 10.8M | 15.2M | 14.4M | |
Inventory | 21.7M | 11.8M | 9.5M | 15.7M | 12.8M | 12.2M | |
Other Stockholder Equity | 314.1M | 325.9M | 329.3M | 353.9M | 428.6M | 450.1M | |
Total Liab | 58.6M | 39.0M | 30.1M | 162.2M | 63.0M | 76.6M | |
Property Plant And Equipment Gross | 56.2M | 11.4M | 18.4M | 22.2M | 22.1M | 38.1M | |
Total Current Assets | 152.4M | 66.5M | 42.6M | 81.1M | 76.4M | 81.2M | |
Accumulated Other Comprehensive Income | (966K) | (19K) | 81K | 181K | 127K | 133.4K | |
Short Term Debt | 541K | 4.7M | 2.1M | 108.8M | 10.1M | 15.7M | |
Accounts Payable | 16.2M | 5.8M | 7.6M | 33.4M | 31.7M | 33.3M | |
Other Current Assets | 13.2M | 3.1M | 3.7M | 4.0M | 3.6M | 4.7M | |
Intangible Assets | 48.2M | 26.8M | 23.1M | 8.1M | 9.3M | 8.8M | |
Property Plant Equipment | 56.2M | 11.4M | 7.3M | 10.7M | 12.3M | 11.7M | |
Other Assets | 152K | 2.6M | 308K | 421K | 484.2K | 459.9K | |
Treasury Stock | (33.2M) | (33.5M) | (33.9M) | (34.1M) | (30.7M) | (29.2M) | |
Net Tangible Assets | 151.7M | 39.1M | 20.2M | 2.6M | 2.3M | 2.2M | |
Retained Earnings Total Equity | (37.2M) | (107.6M) | (278.7M) | (351.5M) | (316.4M) | (300.5M) | |
Long Term Debt Total | 158K | 1.7M | 3.4M | 2.8M | 2.5M | 2.4M |
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Check out Investing Opportunities to better understand how to build diversified portfolios, which includes a position in Flotek Industries. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in estimate. For more information on how to buy Flotek Stock please use our How to buy in Flotek Stock guide.You can also try the Global Correlations module to find global opportunities by holding instruments from different markets.
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Is Flotek Industries' 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 Flotek Industries. If investors know Flotek 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 Flotek Industries listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Earnings Share (0.25) | Revenue Per Share 6.428 | Quarterly Revenue Growth (0.16) | Return On Assets 0.0038 | Return On Equity 0.0613 |
The market value of Flotek Industries is measured differently than its book value, which is the value of Flotek that is recorded on the company's balance sheet. Investors also form their own opinion of Flotek Industries' value that differs from its market value or its book value, called intrinsic value, which is Flotek Industries' 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 Flotek Industries' market value can be influenced by many factors that don't directly affect Flotek Industries' 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 Flotek Industries' value and its price as these two are different measures arrived at by different means. Investors typically determine if Flotek Industries is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Flotek Industries' 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.