Select Accumulated Depreciation vs Capital Stock Analysis
WTTR Stock | USD 10.60 0.18 1.73% |
Select Energy financial indicator trend analysis is much more than just breaking down Select Energy Services prevalent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Select Energy Services is a good investment. Please check the relationship between Select Energy Accumulated Depreciation and its Capital Stock accounts. Check out Your Current Watchlist to better understand how to build diversified portfolios, which includes a position in Select Energy Services. 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.
Accumulated Depreciation vs Capital Stock
Accumulated Depreciation vs Capital Stock Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Select Energy Services Accumulated Depreciation account and Capital Stock. At this time, the significance of the direction appears to have weak contrarian relationship.
The correlation between Select Energy's Accumulated Depreciation and Capital Stock is -0.02. Overlapping area represents the amount of variation of Accumulated Depreciation that can explain the historical movement of Capital Stock in the same time period over historical financial statements of Select Energy Services, assuming nothing else is changed. The correlation between historical values of Select Energy's Accumulated Depreciation and Capital 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 Accumulated Depreciation of Select Energy Services are associated (or correlated) with its Capital Stock. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Capital Stock has no effect on the direction of Accumulated Depreciation i.e., Select Energy's Accumulated Depreciation and Capital Stock go up and down completely randomly.
Correlation Coefficient | -0.02 |
Relationship Direction | Negative |
Relationship Strength | Insignificant |
Accumulated Depreciation
Accumulated depreciation is the total amount of depreciation for Select Energy Services fixed asset that has been charged to Select Energy expense since that asset was acquired and made available for Select Energy use. The accumulated depreciation account is Select Energy Services asset account with a credit balance. It is also known as a contra asset account and appears on the balance sheet as a reduction from the gross amount of fixed assets reported by Select Energy Services.Capital Stock
The total amount of a company’s capital funded by shareholders through the issue and subscription of shares.Most indicators from Select Energy's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Select Energy Services 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 Your Current Watchlist to better understand how to build diversified portfolios, which includes a position in Select Energy Services. 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. As of 05/28/2024, Enterprise Value is likely to grow to about 825.6 M, though Tax Provision is likely to grow to (57.2 M).
2023 | 2024 (projected) | Discontinued Operations | 18.9K | 16.8K | Interest Income | 2.2M | 2.1M |
Select Energy fundamental ratios Correlations
Click cells to compare fundamentals
Select Energy Account Relationship Matchups
High Positive Relationship
High Negative Relationship
Select Energy fundamental ratios Accounts
2019 | 2020 | 2021 | 2022 | 2023 | 2024 (projected) | ||
Total Assets | 1.3B | 875.4M | 950.2M | 1.2B | 1.2B | 1.1B | |
Short Long Term Debt Total | 91.6M | 75.3M | 67.3M | 80.2M | 53.5M | 72.0M | |
Other Current Liab | 46.4M | 39.6M | 57.9M | 81.2M | 148.3M | 74.3M | |
Total Current Liabilities | 151.9M | 88.8M | 162.0M | 231.3M | 211.5M | 161.6M | |
Total Stockholder Equity | 937.2M | 593.1M | 592.1M | 766.0M | 772.5M | 682.0M | |
Other Liab | 10.7M | 19.7M | 39.8M | 45.4M | 52.3M | 28.8M | |
Net Tangible Assets | 533.3M | 593.1M | 483.6M | 766.0M | 880.9M | 446.8M | |
Property Plant And Equipment Net | 523.0M | 402.7M | 439.5M | 547.2M | 557.1M | 496.7M | |
Net Debt | 12.3M | (93.7M) | (18.5M) | 72.8M | (3.5M) | (3.4M) | |
Accounts Payable | 86.0M | 34.9M | 90.0M | 132.3M | 46.7M | 71.9M | |
Cash | 79.3M | 169.0M | 85.8M | 7.3M | 57.1M | 58.0M | |
Non Current Assets Total | 932.0M | 523.9M | 555.4M | 704.9M | 764.4M | 750.7M | |
Non Currrent Assets Other | 5.1M | 5.1M | 341K | 5.7M | 12.8M | 13.4M | |
Other Assets | 5.1M | 5.1M | 7.4M | 5.7M | 6.6M | 6.1M | |
Cash And Short Term Investments | 79.3M | 169.0M | 85.8M | 7.3M | 57.1M | 58.0M | |
Net Receivables | 272.3M | 129.5M | 233.0M | 435.1M | 322.8M | 277.8M | |
Good Will | 273.4M | 273.8M | 266.9M | 0.0 | 4.7M | 4.4M | |
Common Stock Total Equity | 1.0M | 868K | 1.1M | 1.3M | 1.1M | 1.1M | |
Common Stock Shares Outstanding | 80.7M | 85.2M | 87.3M | 96.0M | 103.4M | 85.0M | |
Liabilities And Stockholders Equity | 1.3B | 875.4M | 950.2M | 1.2B | 1.2B | 1.1B | |
Non Current Liabilities Total | 82.9M | 80.7M | 93.0M | 107.8M | 114.8M | 83.4M | |
Inventory | 37.5M | 33.4M | 44.5M | 41.2M | 38.7M | 35.0M | |
Other Current Assets | 26.5M | 19.6M | 31.5M | 34.4M | 35.5M | 25.7M | |
Other Stockholder Equity | 914.7M | 909.3M | 950.5M | 1.1B | 1.0B | 894.3M | |
Total Liab | 234.8M | 169.5M | 255.0M | 339.1M | 326.3M | 276.3M | |
Property Plant And Equipment Gross | 523.0M | 878.9M | 943.5M | 1.1B | 1.2B | 758.8M | |
Total Current Assets | 415.6M | 351.5M | 394.8M | 517.9M | 454.1M | 396.5M | |
Short Term Debt | 19.4M | 14.3M | 14.1M | 17.8M | 15.2M | 13.0M | |
Intangible Assets | 137.0M | 116.1M | 108.5M | 138.8M | 116.2M | 116.4M | |
Common Stock | 1.0M | 1.0M | 1.1M | 1.3M | 1.2M | 1.1M | |
Property Plant Equipment | 523.0M | 350.4M | 439.5M | 499.6M | 574.5M | 468.5M | |
Retained Earnings | 21.4M | (317.2M) | (359.5M) | (311.2M) | (236.8M) | (248.6M) | |
Capital Surpluse | 914.7M | 909.3M | 950.5M | 1.1B | 1.2B | 856.5M | |
Capital Lease Obligations | 91.6M | 75.3M | 67.3M | 64.2M | 53.0M | 55.8M | |
Deferred Long Term Liab | 2.6M | 2M | 1.3M | 600K | 540K | 513K | |
Non Current Liabilities Other | 10.8M | 61.0M | 53.2M | 46.4M | 39.0M | 33.1M |
Building efficient market-beating portfolios requires time, education, and a lot of computing power!
The Portfolio Architect is an AI-driven system that provides multiple benefits to our users by leveraging cutting-edge machine learning algorithms, statistical analysis, and predictive modeling to automate the process of asset selection and portfolio construction, saving time and reducing human error for individual and institutional investors.
Try AI Portfolio ArchitectCheck out Your Current Watchlist to better understand how to build diversified portfolios, which includes a position in Select Energy Services. 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. You can also try the Theme Ratings module to determine theme ratings based on digital equity recommendations. Macroaxis theme ratings are based on combination of fundamental analysis and risk-adjusted market performance.
Complementary Tools for Select Stock analysis
When running Select Energy's price analysis, check to measure Select Energy'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 Select Energy is operating at the current time. Most of Select Energy's value examination focuses on studying past and present price action to predict the probability of Select Energy's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Select Energy's price. Additionally, you may evaluate how the addition of Select Energy to your portfolios can decrease your overall portfolio volatility.
Headlines Timeline Stay connected to all market stories and filter out noise. Drill down to analyze hype elasticity | |
Bonds Directory Find actively traded corporate debentures issued by US companies | |
Stocks Directory Find actively traded stocks across global markets | |
Price Exposure Probability Analyze equity upside and downside potential for a given time horizon across multiple markets | |
Portfolio Holdings Check your current holdings and cash postion to detemine if your portfolio needs rebalancing | |
Theme Ratings Determine theme ratings based on digital equity recommendations. Macroaxis theme ratings are based on combination of fundamental analysis and risk-adjusted market performance | |
Share Portfolio Track or share privately all of your investments from the convenience of any device | |
Aroon Oscillator Analyze current equity momentum using Aroon Oscillator and other momentum ratios | |
Price Transformation Use Price Transformation models to analyze the depth of different equity instruments across global markets | |
Idea Optimizer Use advanced portfolio builder with pre-computed micro ideas to build optimal portfolio | |
Equity Valuation Check real value of public entities based on technical and fundamental data | |
Earnings Calls Check upcoming earnings announcements updated hourly across public exchanges | |
Analyst Advice Analyst recommendations and target price estimates broken down by several categories |
Is Select Energy'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 Select Energy. If investors know Select 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 Select Energy 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 (0.69) | Dividend Share 0.23 | Earnings Share 0.64 | Revenue Per Share 15.376 | Quarterly Revenue Growth (0.12) |
The market value of Select Energy Services is measured differently than its book value, which is the value of Select that is recorded on the company's balance sheet. Investors also form their own opinion of Select Energy's value that differs from its market value or its book value, called intrinsic value, which is Select Energy'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 Select Energy's market value can be influenced by many factors that don't directly affect Select Energy'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 Select Energy's value and its price as these two are different measures arrived at by different means. Investors typically determine if Select Energy is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Select Energy'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.