ChampionX Historical Balance Sheet
CHX Stock | USD 34.36 0.17 0.50% |
Trend analysis of ChampionX balance sheet accounts such as Short Long Term Debt Total of 511.8 M, Other Current Liabilities of 173.5 M or Total Current Liabilities of 471.8 M provides information on ChampionX's total assets, liabilities, and equity, which is the actual value of ChampionX to its prevalent stockholders. By breaking down trends over time using ChampionX balance sheet statements, investors will see what precisely the company owns and what it owes to creditors or other parties at the end of each accounting year.
Financial Statement Analysis is much more than just reviewing and examining ChampionX latest accounting reports to predict its past. Macroaxis encourages investors to analyze financial statements over time for various trends across multiple indicators and accounts to determine whether ChampionX is a good buy for the upcoming year.
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About ChampionX Balance Sheet Analysis
Balance Sheet is a snapshot of the financial position of ChampionX at a specified time, usually calculated after every quarter, six months, or one year. ChampionX Balance Sheet has two main parts: assets and liabilities. Liabilities are the debts or obligations of ChampionX and are divided into current liabilities and long term liabilities. An asset, on the other hand, is anything of value that can be converted into cash and which ChampionX currently owns. An asset can also be divided into two categories, current and non-current.
ChampionX Balance Sheet Chart
ChampionX Balance Sheet is one of the main financial statements that report all assets, liabilities, and shareholders' equity for the current year. It provides a basis for different types of computing rates of return, such as return on equity (ROE) or return on asset (ROA), as well as shows how ChampionX uses and utilizes its capital. It also shows what exactly a company owns and owes.
At this time, ChampionX's Cash is fairly stable compared to the past year. Non Current Assets Total is likely to rise to about 1.9 B in 2024, whereas Total Assets are likely to drop slightly above 2.8 B in 2024. Add Fundamental
Total Assets
Total assets refers to the total amount of ChampionX assets owned. Assets are items that have some economic value and are expended over time to create a benefit for the owner. These assets are usually recorded in ChampionX books under different categories such as cash, marketable securities, accounts receivable,prepaid expenses, inventory, fixed assets, intangible assets, other assets, marketable securities, accounts receivable, prepaid expenses and others. The total value of all owned resources that are expected to provide future economic benefits to the business, including cash, investments, accounts receivable, inventory, property, plant, equipment, and intangible assets.Total Current Liabilities
Total Current Liabilities is an item on ChampionX balance sheet that include short term debt, accounts payable, accrued salaries payable, payroll taxes payable, accrued liabilities and other debts. Total Current Liabilities of ChampionX are important to investors because some useful performance ratios such as Current Ratio and Quick Ratio require Total Current Liabilities to be accurate. The total amount of liabilities that a company is expected to pay within one year, including debts, accounts payable, and other short-term financial obligations.Most accounts from ChampionX's balance sheet are interrelated and interconnected. However, analyzing balance sheet accounts one by one will only give a small insight into ChampionX current financial condition. On the other hand, looking into the entire matrix of balance sheet accounts, and analyzing their relationships over time can provide a more complete picture of the company financial strength now and in the future. Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in ChampionX. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in rate. For more information on how to buy ChampionX Stock please use our How to Invest in ChampionX guide.At this time, ChampionX's Cash is fairly stable compared to the past year. Non Current Assets Total is likely to rise to about 1.9 B in 2024, whereas Total Assets are likely to drop slightly above 2.8 B in 2024.
2021 | 2022 | 2023 | 2024 (projected) | Short and Long Term Debt Total | 724.5M | 628.0M | 665.8M | 511.8M | Total Assets | 3.5B | 3.4B | 3.2B | 2.8B |
ChampionX balance sheet Correlations
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ChampionX Account Relationship Matchups
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ChampionX balance sheet Accounts
2019 | 2020 | 2021 | 2022 | 2023 | 2024 (projected) | ||
Total Assets | 1.9B | 3.5B | 3.5B | 3.4B | 3.2B | 2.8B | |
Short Long Term Debt Total | 559.8M | 932.6M | 724.5M | 628.0M | 665.8M | 511.8M | |
Other Current Liab | 79.4M | 279.4M | 286.7M | 288.9M | 274.2M | 173.5M | |
Total Current Liabilities | 199.7M | 622.6M | 802.3M | 859.0M | 782.7M | 471.8M | |
Total Stockholder Equity | 1.0B | 1.6B | 1.8B | 1.7B | 1.7B | 1.7B | |
Property Plant And Equipment Net | 248.2M | 854.5M | 776.8M | 734.8M | 843.1M | 531.5M | |
Net Debt | 524.5M | 731.2M | 472.8M | 377.8M | 377.2M | 373.8M | |
Accounts Payable | 120.3M | 299.7M | 473.6M | 469.6M | 451.7M | 267.4M | |
Cash | 35.3M | 201.4M | 251.7M | 250.2M | 288.6M | 303.0M | |
Non Current Assets Total | 1.4B | 2.2B | 2.1B | 1.9B | 1.8B | 1.9B | |
Non Currrent Assets Other | 31.4M | 195.8M | 192.7M | 71.7M | 60.6M | 46.8M | |
Other Assets | 7.1M | 73.3M | 192.7M | 76.7M | 88.2M | 50.8M | |
Cash And Short Term Investments | 35.3M | 201.4M | 251.7M | 250.2M | 288.6M | 303.0M | |
Net Receivables | 219.9M | 559.5M | 584.4M | 601.1M | 534.5M | 398.6M | |
Good Will | 911.1M | 680.6M | 702.9M | 679.5M | 669.1M | 645.6M | |
Common Stock Shares Outstanding | 77.6M | 148.4M | 208.3M | 207.3M | 199.9M | 141.3M | |
Long Term Debt Total | 559.8M | 905.8M | 697.7M | 621.7M | 715.0M | 475.6M | |
Liabilities And Stockholders Equity | 1.9B | 3.5B | 3.5B | 3.4B | 3.2B | 2.8B | |
Non Current Liabilities Total | 686.9M | 1.2B | 978.1M | 851.3M | 797.9M | 716.1M | |
Inventory | 211.3M | 430.1M | 542.9M | 542.5M | 521.5M | 375.2M | |
Other Current Assets | 26.9M | 74.8M | 78.4M | 75.5M | 65.2M | 45.2M | |
Other Stockholder Equity | 969.2M | 2.3B | 2.3B | 2.2B | 2.2B | 1.7B | |
Total Liab | 886.6M | 1.9B | 1.8B | 1.7B | 1.6B | 1.2B | |
Property Plant And Equipment Gross | 248.2M | 977.0M | 776.8M | 1.5B | 1.6B | 1.7B | |
Total Current Assets | 493.4M | 1.3B | 1.5B | 1.5B | 1.4B | 962.9M | |
Accumulated Other Comprehensive Income | (44.0M) | (30.8M) | (21.6M) | (29.5M) | (36.5M) | (34.7M) | |
Intangible Assets | 238.7M | 479.0M | 401.5M | 305.0M | 243.6M | 276.9M | |
Property Plant Equipment | 272.5M | 977.0M | 776.8M | 827.7M | 951.9M | 515.2M | |
Other Liab | 107.7M | 247.1M | 280.4M | 157.9M | 181.6M | 189.9M | |
Net Tangible Assets | (116.9M) | 466.4M | 666.3M | 710.1M | 816.6M | 857.4M | |
Capital Lease Obligations | 9.4M | 116.8M | 109.9M | 88.5M | 65.3M | 55.7M | |
Non Current Liabilities Other | 43.0M | 334.9M | 142.4M | 135.4M | 90.2M | 105.5M | |
Common Stock | 775K | 2.0M | 2.0M | 2.0M | 1.9M | 1.8M | |
Long Term Debt | 555.3M | 905.8M | 697.7M | 621.7M | 594.3M | 635.4M | |
Net Invested Capital | 1.6B | 2.6B | 2.5B | 2.3B | 2.3B | 2.3B | |
Net Working Capital | 293.8M | 643.3M | 658.6M | 639.6M | 642.7M | 549.5M | |
Retained Earnings | 107.0M | (638.5M) | (525.2M) | (527.6M) | (455.7M) | (478.5M) | |
Common Stock Total Equity | 775K | 2.0M | 2.0M | 2.0M | 2.3M | 1.7M |
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Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in ChampionX. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in rate. For more information on how to buy ChampionX Stock please use our How to Invest in ChampionX guide.Note that the ChampionX information on this page should be used as a complementary analysis to other ChampionX's statistical models used to find the right mix of equity instruments to add to your existing portfolios or create a brand new portfolio. You can also try the Premium Stories module to follow Macroaxis premium stories from verified contributors across different equity types, categories and coverage scope.
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When running ChampionX's price analysis, check to measure ChampionX'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 ChampionX is operating at the current time. Most of ChampionX's value examination focuses on studying past and present price action to predict the probability of ChampionX's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move ChampionX's price. Additionally, you may evaluate how the addition of ChampionX to your portfolios can decrease your overall portfolio volatility.
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Is ChampionX'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 ChampionX. If investors know ChampionX 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 ChampionX 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 0.871 | Dividend Share 0.35 | Earnings Share 1.84 | Revenue Per Share 19.216 | Quarterly Revenue Growth (0.03) |
The market value of ChampionX is measured differently than its book value, which is the value of ChampionX that is recorded on the company's balance sheet. Investors also form their own opinion of ChampionX's value that differs from its market value or its book value, called intrinsic value, which is ChampionX'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 ChampionX's market value can be influenced by many factors that don't directly affect ChampionX'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 ChampionX's value and its price as these two are different measures arrived at by different means. Investors typically determine if ChampionX is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, ChampionX'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.