Calfrac Intangible Assets vs Common Stock Shares Outstanding Analysis

CFW Stock  CAD 4.10  0.04  0.99%   
Calfrac Well financial indicator trend analysis is way more than just evaluating Calfrac Well Services prevailing accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Calfrac Well Services is a good investment. Please check the relationship between Calfrac Well Intangible Assets and its Common Stock Shares Outstanding accounts. Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in Calfrac Well 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 board of governors.

Intangible Assets vs Common Stock Shares Outstanding

Intangible Assets vs Common Stock Shares Outstanding Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Calfrac Well Services Intangible Assets account and Common Stock Shares Outstanding. At this time, the significance of the direction appears to have strong contrarian relationship.
The correlation between Calfrac Well's Intangible Assets and Common Stock Shares Outstanding is -0.65. Overlapping area represents the amount of variation of Intangible Assets that can explain the historical movement of Common Stock Shares Outstanding in the same time period over historical financial statements of Calfrac Well Services, assuming nothing else is changed. The correlation between historical values of Calfrac Well's Intangible Assets and Common Stock Shares Outstanding is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Intangible Assets of Calfrac Well Services are associated (or correlated) with its Common Stock Shares Outstanding. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Common Stock Shares Outstanding has no effect on the direction of Intangible Assets i.e., Calfrac Well's Intangible Assets and Common Stock Shares Outstanding go up and down completely randomly.

Correlation Coefficient

-0.65
Relationship DirectionNegative 
Relationship StrengthWeak

Intangible Assets

Non-physical assets possessed by a company, such as patents, trademarks, and copyrights, which provide long-term value.

Common Stock Shares Outstanding

The total number of shares of a company's common stock that are currently owned by all its shareholders.
Most indicators from Calfrac Well's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Calfrac Well 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 Trending Equities to better understand how to build diversified portfolios, which includes a position in Calfrac Well 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 board of governors.
At this time, Calfrac Well's Issuance Of Capital Stock is very stable compared to the past year. As of the 20th of May 2024, Enterprise Value is likely to grow to about 956.7 M, while Selling General Administrative is likely to drop about 49.8 M.
 2021 2022 2023 2024 (projected)
Total Operating Expenses45.6M62.2M1.7B1.8B
Cost Of Revenue1.0B1.3B1.6B830.2M

Calfrac Well fundamental ratios Correlations

0.820.520.780.840.980.790.60.810.510.980.510.83-0.510.90.89-0.26-0.450.95-0.120.9-0.680.15-0.360.250.53
0.820.540.460.410.850.990.320.410.440.890.440.44-0.510.980.7-0.29-0.40.95-0.170.57-0.54-0.03-0.170.260.27
0.520.540.150.430.580.550.420.280.220.590.220.3-0.510.540.35-0.53-0.420.5-0.350.3-0.42-0.1-0.370.420.32
0.780.460.150.730.680.470.350.90.140.670.140.94-0.140.550.90.07-0.140.70.180.93-0.570.37-0.120.090.49
0.840.410.430.730.80.370.670.880.450.770.450.85-0.360.530.73-0.15-0.340.62-0.050.88-0.660.18-0.440.160.69
0.980.850.580.680.80.830.590.70.531.00.530.72-0.540.920.83-0.31-0.460.94-0.170.81-0.660.15-0.390.270.5
0.790.990.550.470.370.830.230.390.320.860.320.43-0.440.960.72-0.26-0.320.93-0.110.54-0.56-0.02-0.080.250.29
0.60.320.420.350.670.590.230.570.730.570.730.54-0.850.450.28-0.59-0.890.47-0.620.570.00.05-0.860.420.03
0.810.410.280.90.880.70.390.570.320.680.320.99-0.320.520.84-0.1-0.320.650.010.97-0.590.12-0.30.190.56
0.510.440.220.140.450.530.320.730.320.521.00.24-0.730.510.16-0.44-0.730.47-0.560.42-0.07-0.07-0.710.36-0.03
0.980.890.590.670.771.00.860.570.680.520.520.71-0.550.940.83-0.31-0.470.96-0.180.8-0.660.11-0.360.260.49
0.510.440.220.140.450.530.320.730.321.00.520.24-0.730.510.16-0.44-0.730.47-0.560.42-0.07-0.07-0.710.36-0.03
0.830.440.30.940.850.720.430.540.990.240.710.24-0.290.550.86-0.09-0.290.690.040.97-0.580.2-0.260.160.55
-0.51-0.51-0.51-0.14-0.36-0.54-0.44-0.85-0.32-0.73-0.55-0.73-0.29-0.58-0.20.790.97-0.530.86-0.35-0.080.130.76-0.650.25
0.90.980.540.550.530.920.960.450.520.510.940.510.55-0.580.75-0.35-0.480.98-0.230.66-0.540.02-0.280.290.29
0.890.70.350.90.730.830.720.280.840.160.830.160.86-0.20.75-0.07-0.140.850.140.89-0.780.2-0.040.210.59
-0.26-0.29-0.530.07-0.15-0.31-0.26-0.59-0.1-0.44-0.31-0.44-0.090.79-0.35-0.070.74-0.280.84-0.1-0.070.20.6-0.80.34
-0.45-0.4-0.42-0.14-0.34-0.46-0.32-0.89-0.32-0.73-0.47-0.73-0.290.97-0.48-0.140.74-0.450.8-0.34-0.20.080.83-0.610.31
0.950.950.50.70.620.940.930.470.650.470.960.470.69-0.530.980.85-0.28-0.45-0.150.78-0.590.1-0.260.270.36
-0.12-0.17-0.350.18-0.05-0.17-0.11-0.620.01-0.56-0.18-0.560.040.86-0.230.140.840.8-0.150.01-0.30.230.62-0.690.48
0.90.570.30.930.880.810.540.570.970.420.80.420.97-0.350.660.89-0.1-0.340.780.01-0.640.2-0.310.190.56
-0.68-0.54-0.42-0.57-0.66-0.66-0.560.0-0.59-0.07-0.66-0.07-0.58-0.08-0.54-0.78-0.07-0.2-0.59-0.3-0.64-0.05-0.17-0.11-0.86
0.15-0.03-0.10.370.180.15-0.020.050.12-0.070.11-0.070.20.130.020.20.20.080.10.230.2-0.05-0.01-0.090.11
-0.36-0.17-0.37-0.12-0.44-0.39-0.08-0.86-0.3-0.71-0.36-0.71-0.260.76-0.28-0.040.60.83-0.260.62-0.31-0.17-0.01-0.480.2
0.250.260.420.090.160.270.250.420.190.360.260.360.16-0.650.290.21-0.8-0.610.27-0.690.19-0.11-0.09-0.48-0.28
0.530.270.320.490.690.50.290.030.56-0.030.49-0.030.550.250.290.590.340.310.360.480.56-0.860.110.2-0.28
Click cells to compare fundamentals

Calfrac Well Account Relationship Matchups

Calfrac Well fundamental ratios Accounts

201920202021202220232024 (projected)
Total Assets1.5B912.5M893.0M995.8M1.1B976.7M
Short Long Term Debt Total1.0B346.6M410.4M354.9M408.1M403.8M
Total Current Liabilities157.2M109.7M136.8M203.7M234.3M129.7M
Total Stockholder Equity368.6M410.2M328.8M423.0M486.4M399.5M
Property Plant And Equipment Net999.7M641.3M585.4M566.4M651.3M631.8M
Net Debt965.1M316.8M431.0M346.4M398.4M354.6M
Retained Earnings(185.2M)(509.4M)(592.2M)(580.5M)(522.5M)(496.4M)
Accounts Payable143.2M101.8M127.4M171.6M197.3M115.7M
Cash42.6M29.8M(20.6M)8.5M9.8M9.3M
Non Current Assets Total1.1B641.3M585.4M581.4M668.6M664.8M
Cash And Short Term Investments42.6M29.8M(20.6M)8.5M9.8M9.3M
Net Receivables218.3M141.0M192.7M238.8M274.6M178.3M
Common Stock Shares Outstanding2.9M54.2M86.7M84.6M97.3M102.2M
Liabilities And Stockholders Equity1.5B912.5M893.0M995.8M1.1B978.0M
Non Current Liabilities Total1.0B392.5M427.3M369.1M424.4M448.7M
Inventory127.6M83.3M101.8M108.9M125.2M70.5M
Other Stockholder Equity41.8M109.2M110.8M106.9M122.9M129.1M
Total Liab1.2B502.2M564.1M572.8M658.7M578.5M
Property Plant And Equipment Gross999.7M641.3M2.6B2.7B3.1B3.2B
Total Current Assets405.9M271.2M307.5M414.4M476.5M311.9M
Accumulated Other Comprehensive Income2.7M10.3M9.1M31.5M36.3M38.1M
Short Term Debt13.9M8.0M9.4M12.3M14.1M9.9M
Common Stock Total Equity501.5M508.3M509.2M800.2M920.2M966.2M
Common Stock509.2M800.2M801.2M865.1M994.8M523.2M
Other Liab6.5M53.8M26.3M26.5M23.8M22.6M
Net Tangible Assets368.6M410.2M328.8M423.0M380.7M427.7M
Other Assets96.4M120.3M0.015M17.3M16.4M
Long Term Debt976.7M324.6M388.5M329.2M296.3M581.5M
Property Plant Equipment999.7M641.3M585.4M566.4M509.7M802.2M
Long Term Debt Total993.7M338.6M401.0M342.6M308.4M593.7M
Capital Surpluse44.3M66.0M68.3M70.1M80.7M53.4M
Capital Lease Obligations30.9M22.0M20.6M23.2M26.7M15.5M
Cash And Equivalents42.6M29.8M0.08.5M7.6M7.3M
Net Invested Capital1.3B734.9M718.7M754.7M679.2M876.8M

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Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in Calfrac Well 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 board of governors.
You can also try the Odds Of Bankruptcy module to get analysis of equity chance of financial distress in the next 2 years.

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Please note, there is a significant difference between Calfrac Well's value and its price as these two are different measures arrived at by different means. Investors typically determine if Calfrac Well is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Calfrac Well'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.