Select Long Term Debt vs Good Will Analysis

WTTR Stock

USD 10.34 0.05 0.48%

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 Long Term Debt and its Good Will 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 closely tied with the direction of predictive economic indicators such as signals in estimate.

Long Term Debt vs Good Will

Long Term Debt vs Good Will Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Select Energy Services Long Term Debt account and Good Will. At this time, the significance of the direction appears to have weak relationship.

The correlation between Select Energy's Long Term Debt and Good Will is 0.38. Overlapping area represents the amount of variation of Long Term Debt that can explain the historical movement of Good Will 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 Long Term Debt and Good Will 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 of Select Energy Services are associated (or correlated) with its Good Will. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Good Will has no effect on the direction of Long Term Debt i.e., Select Energy's Long Term Debt and Good Will go up and down completely randomly.

Correlation Coefficient

0.38

Relationship Direction	Positive
Relationship Strength	Very Weak

View All Relationships

Long Term Debt

Long-term debt is a debt that Select Energy Services has held for over one year. Long-term debt appears on Select Energy Services balance sheet and also includes long-term leases. The most common forms of long term debt are bonds payable, long-term notes payable, mortgage payable, pension liabilities, and lease liabilities. In the corporate world, long-term debt is generally used to fund big-ticket items, such as machinery, buildings, and land. The total of long-term debt reported on Select Energy Services balance sheet is the sum of the balances of all categories of long-term debt. Debt that is not due within the current year and is often considered to be financing activities that are to be repaid over several years.

Good Will

An intangible asset that arises when a company acquires another business for more than the fair market value of its net identifiable assets, representing the value of the brand, customer base, and other intangible factors.

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 closely tied with the direction of predictive economic indicators such as signals in estimate.

As of 06/08/2024, 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

Discontinued Operations Interest Income

Select Energy fundamental ratios Correlations

	Total Assets	Short Long Term Debt Total	Other Current Liab	Total Current Liabilities	Total Stockholder Equity	Other Liab	Net Tangible Assets	Property Plant And Equipment Net	Net Debt	Accounts Payable	Cash	Non Current Assets Total	Non Currrent Assets Other	Other Assets	Long Term Debt	Cash And Short Term Investments	Net Receivables	Good Will	Common Stock Total Equity	Common Stock Shares Outstanding	Long Term Debt Total	Non Current Liabilities Total	Inventory	Other Current Assets	Other Stockholder Equity	Total Liab
Total Assets		-0.58	0.67	0.91	0.96	0.55	0.7	0.93	-0.51	0.82	0.12	0.94	0.3	0.21	-0.62	0.12	0.93	0.22	-0.69	0.76	-0.72	-0.55	0.91	0.82	0.75	0.14
Short Long Term Debt Total	-0.58		-0.53	-0.65	-0.6	-0.71	-0.64	-0.46	0.95	-0.66	-0.46	-0.33	-0.44	-0.77	0.99	-0.46	-0.67	0.35	0.98	-0.87	0.95	0.99	-0.78	-0.69	-0.87	0.61
Other Current Liab	0.67	-0.53		0.8	0.58	0.84	0.66	0.71	-0.42	0.4	-0.01	0.55	0.63	0.52	-0.52	-0.01	0.75	-0.17	-0.57	0.7	-0.56	-0.41	0.66	0.67	0.6	0.21
Total Current Liabilities	0.91	-0.65	0.8		0.88	0.82	0.81	0.93	-0.54	0.86	0.04	0.76	0.36	0.42	-0.68	0.04	0.98	-0.09	-0.73	0.86	-0.76	-0.58	0.91	0.92	0.84	0.19
Total Stockholder Equity	0.96	-0.6	0.58	0.88		0.52	0.8	0.95	-0.58	0.84	0.29	0.88	0.26	0.19	-0.66	0.29	0.86	0.12	-0.7	0.81	-0.77	-0.57	0.91	0.88	0.82	0.09
Other Liab	0.55	-0.71	0.84	0.82	0.52		0.75	0.61	-0.6	0.6	0.11	0.29	0.45	0.7	-0.7	0.11	0.76	-0.51	-0.7	0.83	-0.72	-0.59	0.71	0.8	0.77	0.01
Net Tangible Assets	0.7	-0.64	0.66	0.81	0.8	0.75		0.82	-0.67	0.68	0.47	0.48	0.41	0.4	-0.71	0.47	0.72	-0.42	-0.69	0.91	-0.8	-0.55	0.78	0.93	0.91	0.04
Property Plant And Equipment Net	0.93	-0.46	0.71	0.93	0.95	0.61	0.82		-0.41	0.79	0.1	0.86	0.35	0.16	-0.52	0.1	0.89	0.04	-0.56	0.77	-0.65	-0.39	0.83	0.89	0.76	0.35
Net Debt	-0.51	0.95	-0.42	-0.54	-0.58	-0.6	-0.67	-0.41		-0.56	-0.71	-0.24	-0.4	-0.73	0.97	-0.71	-0.53	0.44	0.95	-0.87	0.95	0.95	-0.75	-0.65	-0.87	0.66
Accounts Payable	0.82	-0.66	0.4	0.86	0.84	0.6	0.68	0.79	-0.56		0.11	0.67	0.06	0.29	-0.7	0.11	0.88	-0.02	-0.73	0.76	-0.76	-0.64	0.86	0.85	0.82	-0.02
Cash	0.12	-0.46	-0.01	0.04	0.29	0.11	0.47	0.1	-0.71	0.11		-0.07	0.1	0.34	-0.53	1.0	-0.02	-0.44	-0.47	0.5	-0.56	-0.48	0.37	0.31	0.52	-0.53
Non Current Assets Total	0.94	-0.33	0.55	0.76	0.88	0.29	0.48	0.86	-0.24	0.67	-0.07		0.22	-0.06	-0.35	-0.07	0.79	0.51	-0.44	0.5	-0.46	-0.31	0.73	0.62	0.49	0.3
Non Currrent Assets Other	0.3	-0.44	0.63	0.36	0.26	0.45	0.41	0.35	-0.4	0.06	0.1	0.22		0.42	-0.44	0.1	0.34	-0.37	-0.41	0.46	-0.42	-0.38	0.24	0.31	0.39	-0.09
Other Assets	0.21	-0.77	0.52	0.42	0.19	0.7	0.4	0.16	-0.73	0.29	0.34	-0.06	0.42		-0.76	0.34	0.39	-0.57	-0.73	0.65	-0.7	-0.73	0.47	0.44	0.62	-0.51
Long Term Debt	-0.62	0.99	-0.52	-0.68	-0.66	-0.7	-0.71	-0.52	0.97	-0.7	-0.53	-0.35	-0.44	-0.76		-0.53	-0.69	0.38	0.99	-0.91	0.98	0.98	-0.81	-0.74	-0.92	0.57
Cash And Short Term Investments	0.12	-0.46	-0.01	0.04	0.29	0.11	0.47	0.1	-0.71	0.11	1.0	-0.07	0.1	0.34	-0.53		-0.02	-0.44	-0.47	0.5	-0.56	-0.48	0.37	0.31	0.52	-0.53
Net Receivables	0.93	-0.67	0.75	0.98	0.86	0.76	0.72	0.89	-0.53	0.88	-0.02	0.79	0.34	0.39	-0.69	-0.02		0.02	-0.75	0.81	-0.75	-0.62	0.9	0.85	0.8	0.12
Good Will	0.22	0.35	-0.17	-0.09	0.12	-0.51	-0.42	0.04	0.44	-0.02	-0.44	0.51	-0.37	-0.57	0.38	-0.44	0.02		0.28	-0.41	0.36	0.28	-0.07	-0.29	-0.4	0.23
Common Stock Total Equity	-0.69	0.98	-0.57	-0.73	-0.7	-0.7	-0.69	-0.56	0.95	-0.73	-0.47	-0.44	-0.41	-0.73	0.99	-0.47	-0.75	0.28		-0.91	0.98	0.97	-0.86	-0.74	-0.91	0.53
Common Stock Shares Outstanding	0.76	-0.87	0.7	0.86	0.81	0.83	0.91	0.77	-0.87	0.76	0.5	0.5	0.46	0.65	-0.91	0.5	0.81	-0.41	-0.91		-0.96	-0.81	0.91	0.92	0.99	-0.22
Long Term Debt Total	-0.72	0.95	-0.56	-0.76	-0.77	-0.72	-0.8	-0.65	0.95	-0.76	-0.56	-0.46	-0.42	-0.7	0.98	-0.56	-0.75	0.36	0.98	-0.96		0.93	-0.89	-0.83	-0.97	0.43
Non Current Liabilities Total	-0.55	0.99	-0.41	-0.58	-0.57	-0.59	-0.55	-0.39	0.95	-0.64	-0.48	-0.31	-0.38	-0.73	0.98	-0.48	-0.62	0.28	0.97	-0.81	0.93		-0.74	-0.61	-0.83	0.69
Inventory	0.91	-0.78	0.66	0.91	0.91	0.71	0.78	0.83	-0.75	0.86	0.37	0.73	0.24	0.47	-0.81	0.37	0.9	-0.07	-0.86	0.91	-0.89	-0.74		0.89	0.9	-0.1
Other Current Assets	0.82	-0.69	0.67	0.92	0.88	0.8	0.93	0.89	-0.65	0.85	0.31	0.62	0.31	0.44	-0.74	0.31	0.85	-0.29	-0.74	0.92	-0.83	-0.61	0.89		0.92	0.09
Other Stockholder Equity	0.75	-0.87	0.6	0.84	0.82	0.77	0.91	0.76	-0.87	0.82	0.52	0.49	0.39	0.62	-0.92	0.52	0.8	-0.4	-0.91	0.99	-0.97	-0.83	0.9	0.92		-0.25
Total Liab	0.14	0.61	0.21	0.19	0.09	0.01	0.04	0.35	0.66	-0.02	-0.53	0.3	-0.09	-0.51	0.57	-0.53	0.12	0.23	0.53	-0.22	0.43	0.69	-0.1	0.09	-0.25

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Select Energy Account Relationship Matchups

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

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Select Long Term Debt vs Good Will Analysis

Long Term Debt vs Good Will

Long Term Debt vs Good Will Correlation Analysis

Correlation Coefficient

Long Term Debt

Good Will

Select Energy fundamental ratios Correlations

Select Energy Account Relationship Matchups

High Positive Relationship

High Negative Relationship

Select Energy fundamental ratios Accounts

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Additional Tools for Select Stock Analysis

COMMON DESTINATIONS

MAIN CATEGORIES

COMPANY

Cash And Short Term Investments	+ 1.0	Cash
Long Term Debt	+ 0.99	Short Long Term Debt Total
Non Current Liabilities Total	+ 0.99	Short Long Term Debt Total
Common Stock Total Equity	+ 0.99	Long Term Debt
Other Stockholder Equity	+ 0.99	Common Stock Shares Outstanding
Common Stock Total Equity	+ 0.98	Short Long Term Debt Total

Other Stockholder Equity	- 0.97	Long Term Debt Total
Long Term Debt Total	- 0.96	Common Stock Shares Outstanding
Other Stockholder Equity	- 0.92	Long Term Debt
Other Stockholder Equity	- 0.91	Common Stock Total Equity
Common Stock Shares Outstanding	- 0.91	Common Stock Total Equity
Common Stock Shares Outstanding	- 0.91	Long Term Debt