Select Total Liab vs Capital Surpluse 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 Total Liab and its Capital Surpluse 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.

Total Liab vs Capital Surpluse

Total Liab vs Capital Surpluse Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Select Energy Services Total Liab account and Capital Surpluse. At this time, the significance of the direction appears to have weak contrarian relationship.
The correlation between Select Energy's Total Liab and Capital Surpluse is -0.07. Overlapping area represents the amount of variation of Total Liab that can explain the historical movement of Capital Surpluse 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 Total Liab and Capital Surpluse is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Total Liab of Select Energy Services are associated (or correlated) with its Capital Surpluse. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Capital Surpluse has no effect on the direction of Total Liab i.e., Select Energy's Total Liab and Capital Surpluse go up and down completely randomly.

Correlation Coefficient

-0.07
Relationship DirectionNegative 
Relationship StrengthInsignificant

Total Liab

The total amount of all liabilities that a company has, including both short-term and long-term liabilities.

Capital Surpluse

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 Operations18.9K16.8K
Interest Income2.2M2.1M

Select Energy fundamental ratios Correlations

-0.580.670.910.960.550.70.93-0.510.820.120.940.30.21-0.620.120.930.22-0.690.76-0.72-0.550.910.820.750.14
-0.58-0.53-0.65-0.6-0.71-0.64-0.460.95-0.66-0.46-0.33-0.44-0.770.99-0.46-0.670.350.98-0.870.950.99-0.78-0.69-0.870.61
0.67-0.530.80.580.840.660.71-0.420.4-0.010.550.630.52-0.52-0.010.75-0.17-0.570.7-0.56-0.410.660.670.60.21
0.91-0.650.80.880.820.810.93-0.540.860.040.760.360.42-0.680.040.98-0.09-0.730.86-0.76-0.580.910.920.840.19
0.96-0.60.580.880.520.80.95-0.580.840.290.880.260.19-0.660.290.860.12-0.70.81-0.77-0.570.910.880.820.09
0.55-0.710.840.820.520.750.61-0.60.60.110.290.450.7-0.70.110.76-0.51-0.70.83-0.72-0.590.710.80.770.01
0.7-0.640.660.810.80.750.82-0.670.680.470.480.410.4-0.710.470.72-0.42-0.690.91-0.8-0.550.780.930.910.04
0.93-0.460.710.930.950.610.82-0.410.790.10.860.350.16-0.520.10.890.04-0.560.77-0.65-0.390.830.890.760.35
-0.510.95-0.42-0.54-0.58-0.6-0.67-0.41-0.56-0.71-0.24-0.4-0.730.97-0.71-0.530.440.95-0.870.950.95-0.75-0.65-0.870.66
0.82-0.660.40.860.840.60.680.79-0.560.110.670.060.29-0.70.110.88-0.02-0.730.76-0.76-0.640.860.850.82-0.02
0.12-0.46-0.010.040.290.110.470.1-0.710.11-0.070.10.34-0.531.0-0.02-0.44-0.470.5-0.56-0.480.370.310.52-0.53
0.94-0.330.550.760.880.290.480.86-0.240.67-0.070.22-0.06-0.35-0.070.790.51-0.440.5-0.46-0.310.730.620.490.3
0.3-0.440.630.360.260.450.410.35-0.40.060.10.220.42-0.440.10.34-0.37-0.410.46-0.42-0.380.240.310.39-0.09
0.21-0.770.520.420.190.70.40.16-0.730.290.34-0.060.42-0.760.340.39-0.57-0.730.65-0.7-0.730.470.440.62-0.51
-0.620.99-0.52-0.68-0.66-0.7-0.71-0.520.97-0.7-0.53-0.35-0.44-0.76-0.53-0.690.380.99-0.910.980.98-0.81-0.74-0.920.57
0.12-0.46-0.010.040.290.110.470.1-0.710.111.0-0.070.10.34-0.53-0.02-0.44-0.470.5-0.56-0.480.370.310.52-0.53
0.93-0.670.750.980.860.760.720.89-0.530.88-0.020.790.340.39-0.69-0.020.02-0.750.81-0.75-0.620.90.850.80.12
0.220.35-0.17-0.090.12-0.51-0.420.040.44-0.02-0.440.51-0.37-0.570.38-0.440.020.28-0.410.360.28-0.07-0.29-0.40.23
-0.690.98-0.57-0.73-0.7-0.7-0.69-0.560.95-0.73-0.47-0.44-0.41-0.730.99-0.47-0.750.28-0.910.980.97-0.86-0.74-0.910.53
0.76-0.870.70.860.810.830.910.77-0.870.760.50.50.460.65-0.910.50.81-0.41-0.91-0.96-0.810.910.920.99-0.22
-0.720.95-0.56-0.76-0.77-0.72-0.8-0.650.95-0.76-0.56-0.46-0.42-0.70.98-0.56-0.750.360.98-0.960.93-0.89-0.83-0.970.43
-0.550.99-0.41-0.58-0.57-0.59-0.55-0.390.95-0.64-0.48-0.31-0.38-0.730.98-0.48-0.620.280.97-0.810.93-0.74-0.61-0.830.69
0.91-0.780.660.910.910.710.780.83-0.750.860.370.730.240.47-0.810.370.9-0.07-0.860.91-0.89-0.740.890.9-0.1
0.82-0.690.670.920.880.80.930.89-0.650.850.310.620.310.44-0.740.310.85-0.29-0.740.92-0.83-0.610.890.920.09
0.75-0.870.60.840.820.770.910.76-0.870.820.520.490.390.62-0.920.520.8-0.4-0.910.99-0.97-0.830.90.92-0.25
0.140.610.210.190.090.010.040.350.66-0.02-0.530.3-0.09-0.510.57-0.530.120.230.53-0.220.430.69-0.10.09-0.25
Click cells to compare fundamentals

Select Energy Account Relationship Matchups

Select Energy fundamental ratios Accounts

201920202021202220232024 (projected)
Total Assets1.3B875.4M950.2M1.2B1.2B1.1B
Short Long Term Debt Total91.6M75.3M67.3M80.2M53.5M72.0M
Other Current Liab46.4M39.6M57.9M81.2M148.3M74.3M
Total Current Liabilities151.9M88.8M162.0M231.3M211.5M161.6M
Total Stockholder Equity937.2M593.1M592.1M766.0M772.5M682.0M
Other Liab10.7M19.7M39.8M45.4M52.3M28.8M
Net Tangible Assets533.3M593.1M483.6M766.0M880.9M446.8M
Property Plant And Equipment Net523.0M402.7M439.5M547.2M557.1M496.7M
Net Debt12.3M(93.7M)(18.5M)72.8M(3.5M)(3.4M)
Accounts Payable86.0M34.9M90.0M132.3M46.7M71.9M
Cash79.3M169.0M85.8M7.3M57.1M58.0M
Non Current Assets Total932.0M523.9M555.4M704.9M764.4M750.7M
Non Currrent Assets Other5.1M5.1M341K5.7M12.8M13.4M
Other Assets5.1M5.1M7.4M5.7M6.6M6.1M
Cash And Short Term Investments79.3M169.0M85.8M7.3M57.1M58.0M
Net Receivables272.3M129.5M233.0M435.1M322.8M277.8M
Good Will273.4M273.8M266.9M0.04.7M4.4M
Common Stock Total Equity1.0M868K1.1M1.3M1.1M1.1M
Common Stock Shares Outstanding80.7M85.2M87.3M96.0M103.4M85.0M
Liabilities And Stockholders Equity1.3B875.4M950.2M1.2B1.2B1.1B
Non Current Liabilities Total82.9M80.7M93.0M107.8M114.8M83.4M
Inventory37.5M33.4M44.5M41.2M38.7M35.0M
Other Current Assets26.5M19.6M31.5M34.4M35.5M25.7M
Other Stockholder Equity914.7M909.3M950.5M1.1B1.0B894.3M
Total Liab234.8M169.5M255.0M339.1M326.3M276.3M
Property Plant And Equipment Gross523.0M878.9M943.5M1.1B1.2B758.8M
Total Current Assets415.6M351.5M394.8M517.9M454.1M396.5M
Short Term Debt19.4M14.3M14.1M17.8M15.2M13.0M
Intangible Assets137.0M116.1M108.5M138.8M116.2M116.4M
Common Stock1.0M1.0M1.1M1.3M1.2M1.1M
Property Plant Equipment523.0M350.4M439.5M499.6M574.5M468.5M
Retained Earnings21.4M(317.2M)(359.5M)(311.2M)(236.8M)(248.6M)
Capital Surpluse914.7M909.3M950.5M1.1B1.2B856.5M
Capital Lease Obligations91.6M75.3M67.3M64.2M53.0M55.8M
Deferred Long Term Liab2.6M2M1.3M600K540K513K
Non Current Liabilities Other10.8M61.0M53.2M46.4M39.0M33.1M

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Additional Tools for Select Stock Analysis

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