Cactus Capital Lease Obligations from 2010 to 2024

WHD Stock  USD 46.82  0.61  1.29%   
Cactus' Capital Lease Obligations is increasing over the years with slightly volatile fluctuation. Capital Lease Obligations is expected to dwindle to about 28.4 M. Capital Lease Obligations is the total obligations of Cactus Inc under capital leases, which are lease agreements that transfer substantially all risks and rewards of ownership to the lessee. View All Fundamentals
 
Capital Lease Obligations  
First Reported
2019-03-31
Previous Quarter
40 M
Current Value
41.1 M
Quarterly Volatility
3.7 M
 
Covid
Check Cactus financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among Cactus' main balance sheet or income statement drivers, such as Tax Provision of 40.4 M, Interest Income of 6.8 M or Depreciation And Amortization of 38.9 M, as well as many indicators such as Price To Sales Ratio of 4.58, Dividend Yield of 0.0133 or PTB Ratio of 3.56. Cactus financial statements analysis is a perfect complement when working with Cactus Valuation or Volatility modules.
  
Check out the analysis of Cactus Correlation against competitors.

Latest Cactus' Capital Lease Obligations Growth Pattern

Below is the plot of the Capital Lease Obligations of Cactus Inc over the last few years. Cactus Inc capital lease obligations are the amount due for long-term lease agreements that are nearly equivalent to Cactus asset purchases. For example, Cactus can use a capital lease to finance the purchase of an asset without ever buying it. A capital lease gives companies such as Cactus control over an asset for a big portion of its life. It is the total obligations of a company under capital leases, which are lease agreements that transfer substantially all risks and rewards of ownership to the lessee. Cactus' Capital Lease Obligations historical data analysis aims to capture in quantitative terms the overall pattern of either growth or decline in Cactus' overall financial position and show how it may be relating to other accounts over time.
Capital Lease Obligations10 Years Trend
Slightly volatile
   Capital Lease Obligations   
       Timeline  

Cactus Capital Lease Obligations Regression Statistics

Arithmetic Mean16,931,979
Geometric Mean9,991,159
Coefficient Of Variation88.83
Mean Deviation13,505,042
Median12,613,000
Standard Deviation15,040,991
Sample Variance226.2T
Range36.8M
R-Value0.89
Mean Square Error52T
R-Squared0.79
Significance0.000011
Slope2,982,814
Total Sum of Squares3167.2T

Cactus Capital Lease Obligations History

202428.4 M
202340 M
202235.5 M
202133.2 M
202028.1 M
201937.7 M
201816.1 M

About Cactus Financial Statements

There are typically three primary documents that fall into the category of financial statements. These documents include Cactus income statement, its balance sheet, and the statement of cash flows. Cactus investors use historical funamental indicators, such as Cactus's Capital Lease Obligations, to determine how well the company is positioned to perform in the future. Although Cactus investors may use each financial statement separately, they are all related. The changes in Cactus's assets and liabilities, for example, are also reflected in the revenues and expenses that we see on Cactus's income statement, which results in the company's gains or losses. Cash flows can provide more information regarding cash listed on a balance sheet, but not equivalent to net income shown on the income statement. We offer a historical overview of the basic patterns found on Cactus Financial Statements. Understanding these patterns can help to make the right decision on long term investment in Cactus. Please read more on our technical analysis and fundamental analysis pages.
Last ReportedProjected for Next Year
Capital Lease Obligations40 M28.4 M

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Additional Information and Resources on Investing in Cactus Stock

When determining whether Cactus Inc is a strong investment it is important to analyze Cactus' competitive position within its industry, examining market share, product or service uniqueness, and competitive advantages. Beyond financials and market position, potential investors should also consider broader economic conditions, industry trends, and any regulatory or geopolitical factors that may impact Cactus' future performance. For an informed investment choice regarding Cactus Stock, refer to the following important reports:
Check out the analysis of Cactus Correlation against competitors.
You can also try the Portfolio Analyzer module to portfolio analysis module that provides access to portfolio diagnostics and optimization engine.
Is Oil & Gas Equipment & Services space 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 Cactus. If investors know Cactus 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 Cactus 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
(0.06)
Dividend Share
0.47
Earnings Share
2.53
Revenue Per Share
17.566
Quarterly Revenue Growth
0.2
The market value of Cactus Inc is measured differently than its book value, which is the value of Cactus that is recorded on the company's balance sheet. Investors also form their own opinion of Cactus' value that differs from its market value or its book value, called intrinsic value, which is Cactus' 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 Cactus' market value can be influenced by many factors that don't directly affect Cactus' 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 Cactus' value and its price as these two are different measures arrived at by different means. Investors typically determine if Cactus is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Cactus' 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.