Select Net Debt vs Total Liab 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 Net Debt and its Total Liab 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.
Net Debt vs Total Liab
Net Debt vs Total Liab Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Select Energy Services Net Debt account and Total Liab. At this time, the significance of the direction appears to have strong relationship.
The correlation between Select Energy's Net Debt and Total Liab is 0.66. Overlapping area represents the amount of variation of Net Debt that can explain the historical movement of Total Liab 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 Net Debt and Total Liab 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 Debt of Select Energy Services are associated (or correlated) with its Total Liab. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Total Liab has no effect on the direction of Net Debt i.e., Select Energy's Net Debt and Total Liab go up and down completely randomly.
Correlation Coefficient | 0.66 |
Relationship Direction | Positive |
Relationship Strength | Significant |
Net Debt
The total debt of a company minus its cash and cash equivalents. It represents the actual debt burden on the company after accounting for the liquid assets it holds.Total Liab
The total amount of all liabilities that a company has, including both short-term and long-term liabilities.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
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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 |
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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.