Calfrac Non Currrent Assets Other vs Other Current Assets 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 Non Currrent Assets Other and its Other Current Assets 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.

Non Currrent Assets Other vs Other Current Assets

Non Currrent Assets Other vs Other Current Assets Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Calfrac Well Services Non Currrent Assets Other account and Other Current Assets. At this time, the significance of the direction appears to have strong relationship.
The correlation between Calfrac Well's Non Currrent Assets Other and Other Current Assets is 0.6. Overlapping area represents the amount of variation of Non Currrent Assets Other that can explain the historical movement of Other Current Assets 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 Non Currrent Assets Other and Other Current Assets is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Non Currrent Assets Other of Calfrac Well Services are associated (or correlated) with its Other Current Assets. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Other Current Assets has no effect on the direction of Non Currrent Assets Other i.e., Calfrac Well's Non Currrent Assets Other and Other Current Assets go up and down completely randomly.

Correlation Coefficient

0.6
Relationship DirectionPositive 
Relationship StrengthSignificant

Non Currrent Assets Other

Assets that are not physical or tangible, expected to provide value for more than one year, and not easily converted into cash, such as long-term investments or patents.

Other Current Assets

Assets expected to be converted into cash, sold, or consumed either in one year or in the operating cycle, which are not included under standard current asset categories.
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

Building efficient market-beating portfolios requires time, education, and a lot of computing power!

The Portfolio Architect is an AI-driven system that provides multiple benefits to our users by leveraging cutting-edge machine learning algorithms, statistical analysis, and predictive modeling to automate the process of asset selection and portfolio construction, saving time and reducing human error for individual and institutional investors.

Try AI Portfolio Architect
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 Bollinger Bands module to use Bollinger Bands indicator to analyze target price for a given investing horizon.

Complementary Tools for Calfrac Stock analysis

When running Calfrac Well's price analysis, check to measure Calfrac Well'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 Calfrac Well is operating at the current time. Most of Calfrac Well's value examination focuses on studying past and present price action to predict the probability of Calfrac Well's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Calfrac Well's price. Additionally, you may evaluate how the addition of Calfrac Well to your portfolios can decrease your overall portfolio volatility.
Bollinger Bands
Use Bollinger Bands indicator to analyze target price for a given investing horizon
Portfolio Dashboard
Portfolio dashboard that provides centralized access to all your investments
Portfolio Rebalancing
Analyze risk-adjusted returns against different time horizons to find asset-allocation targets
Global Markets Map
Get a quick overview of global market snapshot using zoomable world map. Drill down to check world indexes
Competition Analyzer
Analyze and compare many basic indicators for a group of related or unrelated entities
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.