Flotek Net Working Capital vs Short Long Term Debt 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 Net Working Capital and its Short Long Term Debt 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.

Net Working Capital vs Short Long Term Debt

Net Working Capital vs Short Long Term Debt Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Flotek Industries Net Working Capital account and Short Long Term Debt. At this time, the significance of the direction appears to have significant contrarian relationship.

The correlation between Flotek Industries' Net Working Capital and Short Long Term Debt is -0.5. Overlapping area represents the amount of variation of Net Working Capital that can explain the historical movement of Short Long Term Debt 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' Net Working Capital and Short Long Term Debt 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 Working Capital of Flotek Industries are associated (or correlated) with its Short Long Term Debt. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Short Long Term Debt has no effect on the direction of Net Working Capital i.e., Flotek Industries' Net Working Capital and Short Long Term Debt go up and down completely randomly.

Correlation Coefficient

-0.5

Relationship Direction	Negative
Relationship Strength	Very Weak

View All Relationships

Net Working Capital

Short Long Term Debt

The total of a company’s short-term and long-term borrowings.

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

Total Operating Expenses Cost Of Revenue

Flotek Industries 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	Retained Earnings	Cash	Non Current Assets Total	Non Currrent Assets Other	Cash And Short Term Investments	Net Receivables	Common Stock Total Equity	Common Stock Shares Outstanding	Non Current Liabilities Total	Inventory	Other Stockholder Equity	Total Liab	Property Plant And Equipment Gross	Total Current Assets	Short Term Debt	Common Stock	Current Deferred Revenue	Accounts Payable	Good Will
Total Assets		0.35	0.33	0.47	0.95	0.94	0.37	0.65	-0.17	0.96	0.06	-0.17	0.84	-0.49	-0.08	0.47	0.91	0.09	0.59	0.96	0.9	0.25	-0.49	0.82	0.53	0.82
Short Long Term Debt Total	0.35		0.08	0.71	0.04	0.22	0.78	0.04	-0.02	0.31	0.57	-0.02	0.52	-0.34	0.33	0.54	0.25	-0.02	0.93	0.22	0.35	0.68	-0.34	0.41	0.4	0.18
Other Current Liab	0.33	0.08		-0.04	0.31	0.44	-0.37	0.14	0.68	0.25	-0.51	0.68	0.04	-0.49	0.02	0.34	0.32	0.14	0.19	0.41	0.39	-0.19	-0.49	0.15	-0.11	0.24
Total Current Liabilities	0.47	0.71	-0.04		0.27	0.27	0.67	-0.06	-0.21	0.41	0.6	-0.21	0.59	-0.42	-0.12	0.04	0.29	0.36	0.7	0.32	0.47	0.95	-0.42	0.23	0.63	0.16
Total Stockholder Equity	0.95	0.04	0.31	0.27		0.94	0.14	0.72	-0.18	0.9	-0.13	-0.18	0.71	-0.38	-0.25	0.32	0.89	0.05	0.3	0.95	0.85	0.06	-0.38	0.75	0.37	0.82
Property Plant And Equipment Net	0.94	0.22	0.44	0.27	0.94		0.2	0.81	-0.07	0.91	-0.1	-0.07	0.69	-0.37	-0.23	0.45	0.94	-0.14	0.42	0.97	0.82	0.06	-0.37	0.85	0.28	0.89
Net Debt	0.37	0.78	-0.37	0.67	0.14	0.2		0.14	-0.65	0.43	0.88	-0.65	0.64	-0.16	0.12	0.37	0.36	-0.05	0.74	0.24	0.21	0.71	-0.16	0.5	0.46	0.32
Retained Earnings	0.65	0.04	0.14	-0.06	0.72	0.81	0.14		-0.2	0.66	-0.12	-0.2	0.4	0.21	-0.35	0.4	0.76	-0.65	0.13	0.71	0.53	-0.15	0.21	0.78	-0.08	0.82
Cash	-0.17	-0.02	0.68	-0.21	-0.18	-0.07	-0.65	-0.2		-0.31	-0.71	1.0	-0.4	-0.16	0.23	0.06	-0.28	0.08	-0.04	-0.11	0.08	-0.3	-0.16	-0.31	-0.21	-0.3
Non Current Assets Total	0.96	0.31	0.25	0.41	0.9	0.91	0.43	0.66	-0.31		0.18	-0.31	0.86	-0.39	-0.11	0.39	0.94	0.04	0.56	0.95	0.72	0.23	-0.39	0.8	0.54	0.9
Non Currrent Assets Other	0.06	0.57	-0.51	0.6	-0.13	-0.1	0.88	-0.12	-0.71	0.18		-0.71	0.41	-0.04	-0.02	-0.03	0.12	0.03	0.48	-0.05	-0.14	0.71	-0.04	0.19	0.38	0.12
Cash And Short Term Investments	-0.17	-0.02	0.68	-0.21	-0.18	-0.07	-0.65	-0.2	1.0	-0.31	-0.71		-0.4	-0.16	0.23	0.06	-0.28	0.08	-0.04	-0.11	0.08	-0.3	-0.16	-0.31	-0.21	-0.3
Net Receivables	0.84	0.52	0.04	0.59	0.71	0.69	0.64	0.4	-0.4	0.86	0.41	-0.4		-0.5	0.11	0.43	0.76	0.19	0.73	0.74	0.67	0.4	-0.5	0.73	0.75	0.67
Common Stock Total Equity	-0.49	-0.34	-0.49	-0.42	-0.38	-0.37	-0.16	0.21	-0.16	-0.39	-0.04	-0.16	-0.5		-0.33	-0.29	-0.34	-0.72	-0.5	-0.46	-0.55	-0.22	1.0	-0.31	-0.53	-0.13
Common Stock Shares Outstanding	-0.08	0.33	0.02	-0.12	-0.25	-0.23	0.12	-0.35	0.23	-0.11	-0.02	0.23	0.11	-0.33		0.51	-0.18	0.26	0.38	-0.14	-0.01	-0.19	-0.33	0.02	0.31	-0.25
Non Current Liabilities Total	0.47	0.54	0.34	0.04	0.32	0.45	0.37	0.4	0.06	0.39	-0.03	0.06	0.43	-0.29	0.51		0.45	-0.22	0.58	0.42	0.51	-0.06	-0.29	0.64	0.05	0.36
Inventory	0.91	0.25	0.32	0.29	0.89	0.94	0.36	0.76	-0.28	0.94	0.12	-0.28	0.76	-0.34	-0.18	0.45		-0.12	0.45	0.94	0.7	0.12	-0.34	0.85	0.35	0.95
Other Stockholder Equity	0.09	-0.02	0.14	0.36	0.05	-0.14	-0.05	-0.65	0.08	0.04	0.03	0.08	0.19	-0.72	0.26	-0.22	-0.12		0.14	0.02	0.16	0.27	-0.72	-0.3	0.55	-0.28
Total Liab	0.59	0.93	0.19	0.7	0.3	0.42	0.74	0.13	-0.04	0.56	0.48	-0.04	0.73	-0.5	0.38	0.58	0.45	0.14		0.47	0.54	0.59	-0.5	0.54	0.62	0.36
Property Plant And Equipment Gross	0.96	0.22	0.41	0.32	0.95	0.97	0.24	0.71	-0.11	0.95	-0.05	-0.11	0.74	-0.46	-0.14	0.42	0.94	0.02	0.47		0.82	0.1	-0.46	0.81	0.43	0.86
Total Current Assets	0.9	0.35	0.39	0.47	0.85	0.82	0.21	0.53	0.08	0.72	-0.14	0.08	0.67	-0.55	-0.01	0.51	0.7	0.16	0.54	0.82		0.24	-0.55	0.7	0.41	0.55
Short Term Debt	0.25	0.68	-0.19	0.95	0.06	0.06	0.71	-0.15	-0.3	0.23	0.71	-0.3	0.4	-0.22	-0.19	-0.06	0.12	0.27	0.59	0.1	0.24		-0.22	0.07	0.46	0.02
Common Stock	-0.49	-0.34	-0.49	-0.42	-0.38	-0.37	-0.16	0.21	-0.16	-0.39	-0.04	-0.16	-0.5	1.0	-0.33	-0.29	-0.34	-0.72	-0.5	-0.46	-0.55	-0.22		-0.31	-0.53	-0.13
Current Deferred Revenue	0.82	0.41	0.15	0.23	0.75	0.85	0.5	0.78	-0.31	0.8	0.19	-0.31	0.73	-0.31	0.02	0.64	0.85	-0.3	0.54	0.81	0.7	0.07	-0.31		0.27	0.8
Accounts Payable	0.53	0.4	-0.11	0.63	0.37	0.28	0.46	-0.08	-0.21	0.54	0.38	-0.21	0.75	-0.53	0.31	0.05	0.35	0.55	0.62	0.43	0.41	0.46	-0.53	0.27		0.22
Good Will	0.82	0.18	0.24	0.16	0.82	0.89	0.32	0.82	-0.3	0.9	0.12	-0.3	0.67	-0.13	-0.25	0.36	0.95	-0.28	0.36	0.86	0.55	0.02	-0.13	0.8	0.22

Click cells to compare fundamentals

Flotek Industries Account Relationship Matchups

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

Becoming a Better Investor with Macroaxis

Macroaxis puts the power of mathematics on your side. We analyze your portfolios and positions such as Flotek Industries using complex mathematical models and algorithms, but make them easy to understand. There is no real person involved in your portfolio analysis. We perform a number of calculations to compute absolute and relative portfolio volatility, correlation between your assets, value at risk, expected return as well as over 100 different fundamental and technical indicators.

Build Optimal Portfolios

Align your risk with return expectations

By capturing your risk tolerance and investment horizon Macroaxis technology of instant portfolio optimization will compute exactly how much risk is acceptable for your desired return expectations

Fix portfolios for free

When determining whether Flotek Industries is a good investment, qualitative aspects like company management, corporate governance, and ethical practices play a significant role. A comparison with peer companies also provides context and helps to understand if Flotek Stock is undervalued or overvalued. This multi-faceted approach, blending both quantitative and qualitative analysis, forms a solid foundation for making an informed investment decision about Flotek Industries Stock. Highlighted below are key reports to facilitate an investment decision about Flotek Industries Stock:

How To Invest In Flotek

Details

Is Flotek Stock a good investment?

Details

What is Flotek Industries' Net Worth?

Details

Largest Specialty Chemicals Companies

View

Largest Oil & Gas Equipment & Services Companies

View

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 Performance Analysis module to check effects of mean-variance optimization against your current asset allocation.

Complementary Tools for Flotek Stock analysis

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

	Sync Your Broker Sync your existing holdings, watchlists, positions or portfolios from thousands of online brokerage services, banks, investment account aggregators and robo-advisors.
	Equity Analysis Research over 250,000 global equities including funds, stocks and ETFs to find investment opportunities
	Portfolio File Import Quickly import all of your third-party portfolios from your local drive in csv format
	Share Portfolio Track or share privately all of your investments from the convenience of any device
	Bollinger Bands Use Bollinger Bands indicator to analyze target price for a given investing horizon

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.

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

Feedback Blog

Made with optimal in San Francisco

2024 Macroaxis LLC

Flotek Net Working Capital vs Short Long Term Debt Analysis

Net Working Capital vs Short Long Term Debt

Net Working Capital vs Short Long Term Debt Correlation Analysis

Correlation Coefficient

Net Working Capital

Short Long Term Debt

Flotek Industries fundamental ratios Correlations

Flotek Industries Account Relationship Matchups

High Positive Relationship

High Negative Relationship

Flotek Industries fundamental ratios Accounts

Becoming a Better Investor with Macroaxis

Build Optimal Portfolios

Align your risk with return expectations

Complementary Tools for Flotek Stock analysis

COMMON DESTINATIONS

MAIN CATEGORIES

COMPANY

Cash And Short Term Investments	+ 1.0	Cash
Common Stock	+ 1.0	Common Stock Total Equity
Property Plant And Equipment Gross	+ 0.97	Property Plant And Equipment Net
Non Current Assets Total	+ 0.96	Total Assets
Property Plant And Equipment Gross	+ 0.96	Total Assets
Total Stockholder Equity	+ 0.95	Total Assets

Common Stock	- 0.72	Other Stockholder Equity
Other Stockholder Equity	- 0.72	Common Stock Total Equity
Cash And Short Term Investments	- 0.71	Non Currrent Assets Other
Non Currrent Assets Other	- 0.71	Cash
Other Stockholder Equity	- 0.65	Retained Earnings
Cash And Short Term Investments	- 0.65	Net Debt