Calfrac Property Plant And Equipment Net vs Total Current Liabilities 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 Property Plant And Equipment Net and its Total Current Liabilities 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.

Property Plant And Equipment Net vs Total Current Liabilities

Property Plant And Equipment Net vs Total Current Liabilities Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Calfrac Well Services Property Plant And Equipment Net account and Total Current Liabilities. At this time, the significance of the direction appears to have strong relationship.

The correlation between Calfrac Well's Property Plant And Equipment Net and Total Current Liabilities is 0.68. Overlapping area represents the amount of variation of Property Plant And Equipment Net that can explain the historical movement of Total Current Liabilities 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 Property Plant And Equipment Net and Total Current Liabilities is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Property Plant And Equipment Net of Calfrac Well Services are associated (or correlated) with its Total Current Liabilities. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Total Current Liabilities has no effect on the direction of Property Plant And Equipment Net i.e., Calfrac Well's Property Plant And Equipment Net and Total Current Liabilities go up and down completely randomly.

Correlation Coefficient

0.68

Relationship Direction	Positive
Relationship Strength	Significant

View All Relationships

Property Plant And Equipment Net

The total value of a company's physical assets (such as land, buildings, and equipment) used in operations, net of depreciation. It reflects the company's investment in assets used for production.

Total Current Liabilities

Total Current Liabilities is an item on Calfrac Well balance sheet that include short term debt, accounts payable, accrued salaries payable, payroll taxes payable, accrued liabilities and other debts. Total Current Liabilities of Calfrac Well Services 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 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 Expenses	45.6M	62.2M	1.7B	1.8B
Cost Of Revenue	1.0B	1.3B	1.6B	830.2M

Total Operating Expenses Cost Of Revenue

Calfrac Well fundamental ratios Correlations

	Total Assets	Short Long Term Debt Total	Other Current Liab	Total Current Liabilities	Total Stockholder Equity	Property Plant And Equipment Net	Net Debt	Retained Earnings	Accounts Payable	Cash	Non Current Assets Total	Cash And Short Term Investments	Net Receivables	Common Stock Shares Outstanding	Non Current Liabilities Total	Inventory	Other Current Assets	Other Stockholder Equity	Total Liab	Property Plant And Equipment Gross	Total Current Assets	Short Term Investments	Short Term Debt	Non Currrent Assets Other	Intangible Assets	Good Will
Total Assets		0.82	0.52	0.78	0.84	0.98	0.79	0.6	0.81	0.51	0.98	0.51	0.83	-0.51	0.9	0.89	-0.26	-0.45	0.95	-0.12	0.9	-0.68	0.15	-0.36	0.25	0.53
Short Long Term Debt Total	0.82		0.54	0.46	0.41	0.85	0.99	0.32	0.41	0.44	0.89	0.44	0.44	-0.51	0.98	0.7	-0.29	-0.4	0.95	-0.17	0.57	-0.54	-0.03	-0.17	0.26	0.27
Other Current Liab	0.52	0.54		0.15	0.43	0.58	0.55	0.42	0.28	0.22	0.59	0.22	0.3	-0.51	0.54	0.35	-0.53	-0.42	0.5	-0.35	0.3	-0.42	-0.1	-0.37	0.42	0.32
Total Current Liabilities	0.78	0.46	0.15		0.73	0.68	0.47	0.35	0.9	0.14	0.67	0.14	0.94	-0.14	0.55	0.9	0.07	-0.14	0.7	0.18	0.93	-0.57	0.37	-0.12	0.09	0.49
Total Stockholder Equity	0.84	0.41	0.43	0.73		0.8	0.37	0.67	0.88	0.45	0.77	0.45	0.85	-0.36	0.53	0.73	-0.15	-0.34	0.62	-0.05	0.88	-0.66	0.18	-0.44	0.16	0.69
Property Plant And Equipment Net	0.98	0.85	0.58	0.68	0.8		0.83	0.59	0.7	0.53	1.0	0.53	0.72	-0.54	0.92	0.83	-0.31	-0.46	0.94	-0.17	0.81	-0.66	0.15	-0.39	0.27	0.5
Net Debt	0.79	0.99	0.55	0.47	0.37	0.83		0.23	0.39	0.32	0.86	0.32	0.43	-0.44	0.96	0.72	-0.26	-0.32	0.93	-0.11	0.54	-0.56	-0.02	-0.08	0.25	0.29
Retained Earnings	0.6	0.32	0.42	0.35	0.67	0.59	0.23		0.57	0.73	0.57	0.73	0.54	-0.85	0.45	0.28	-0.59	-0.89	0.47	-0.62	0.57	0.0	0.05	-0.86	0.42	0.03
Accounts Payable	0.81	0.41	0.28	0.9	0.88	0.7	0.39	0.57		0.32	0.68	0.32	0.99	-0.32	0.52	0.84	-0.1	-0.32	0.65	0.01	0.97	-0.59	0.12	-0.3	0.19	0.56
Cash	0.51	0.44	0.22	0.14	0.45	0.53	0.32	0.73	0.32		0.52	1.0	0.24	-0.73	0.51	0.16	-0.44	-0.73	0.47	-0.56	0.42	-0.07	-0.07	-0.71	0.36	-0.03
Non Current Assets Total	0.98	0.89	0.59	0.67	0.77	1.0	0.86	0.57	0.68	0.52		0.52	0.71	-0.55	0.94	0.83	-0.31	-0.47	0.96	-0.18	0.8	-0.66	0.11	-0.36	0.26	0.49
Cash And Short Term Investments	0.51	0.44	0.22	0.14	0.45	0.53	0.32	0.73	0.32	1.0	0.52		0.24	-0.73	0.51	0.16	-0.44	-0.73	0.47	-0.56	0.42	-0.07	-0.07	-0.71	0.36	-0.03
Net Receivables	0.83	0.44	0.3	0.94	0.85	0.72	0.43	0.54	0.99	0.24	0.71	0.24		-0.29	0.55	0.86	-0.09	-0.29	0.69	0.04	0.97	-0.58	0.2	-0.26	0.16	0.55
Common Stock Shares Outstanding	-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	-0.2	0.79	0.97	-0.53	0.86	-0.35	-0.08	0.13	0.76	-0.65	0.25
Non Current Liabilities Total	0.9	0.98	0.54	0.55	0.53	0.92	0.96	0.45	0.52	0.51	0.94	0.51	0.55	-0.58		0.75	-0.35	-0.48	0.98	-0.23	0.66	-0.54	0.02	-0.28	0.29	0.29
Inventory	0.89	0.7	0.35	0.9	0.73	0.83	0.72	0.28	0.84	0.16	0.83	0.16	0.86	-0.2	0.75		-0.07	-0.14	0.85	0.14	0.89	-0.78	0.2	-0.04	0.21	0.59
Other Current Assets	-0.26	-0.29	-0.53	0.07	-0.15	-0.31	-0.26	-0.59	-0.1	-0.44	-0.31	-0.44	-0.09	0.79	-0.35	-0.07		0.74	-0.28	0.84	-0.1	-0.07	0.2	0.6	-0.8	0.34
Other Stockholder Equity	-0.45	-0.4	-0.42	-0.14	-0.34	-0.46	-0.32	-0.89	-0.32	-0.73	-0.47	-0.73	-0.29	0.97	-0.48	-0.14	0.74		-0.45	0.8	-0.34	-0.2	0.08	0.83	-0.61	0.31
Total Liab	0.95	0.95	0.5	0.7	0.62	0.94	0.93	0.47	0.65	0.47	0.96	0.47	0.69	-0.53	0.98	0.85	-0.28	-0.45		-0.15	0.78	-0.59	0.1	-0.26	0.27	0.36
Property Plant And Equipment Gross	-0.12	-0.17	-0.35	0.18	-0.05	-0.17	-0.11	-0.62	0.01	-0.56	-0.18	-0.56	0.04	0.86	-0.23	0.14	0.84	0.8	-0.15		0.01	-0.3	0.23	0.62	-0.69	0.48
Total Current Assets	0.9	0.57	0.3	0.93	0.88	0.81	0.54	0.57	0.97	0.42	0.8	0.42	0.97	-0.35	0.66	0.89	-0.1	-0.34	0.78	0.01		-0.64	0.2	-0.31	0.19	0.56
Short Term Investments	-0.68	-0.54	-0.42	-0.57	-0.66	-0.66	-0.56	0.0	-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
Short Term Debt	0.15	-0.03	-0.1	0.37	0.18	0.15	-0.02	0.05	0.12	-0.07	0.11	-0.07	0.2	0.13	0.02	0.2	0.2	0.08	0.1	0.23	0.2	-0.05		-0.01	-0.09	0.11
Non Currrent Assets Other	-0.36	-0.17	-0.37	-0.12	-0.44	-0.39	-0.08	-0.86	-0.3	-0.71	-0.36	-0.71	-0.26	0.76	-0.28	-0.04	0.6	0.83	-0.26	0.62	-0.31	-0.17	-0.01		-0.48	0.2
Intangible Assets	0.25	0.26	0.42	0.09	0.16	0.27	0.25	0.42	0.19	0.36	0.26	0.36	0.16	-0.65	0.29	0.21	-0.8	-0.61	0.27	-0.69	0.19	-0.11	-0.09	-0.48		-0.28
Good Will	0.53	0.27	0.32	0.49	0.69	0.5	0.29	0.03	0.56	-0.03	0.49	-0.03	0.55	0.25	0.29	0.59	0.34	0.31	0.36	0.48	0.56	-0.86	0.11	0.2	-0.28

Click cells to compare fundamentals

Calfrac Well Account Relationship Matchups

Calfrac Well fundamental ratios Accounts

	2019	2020	2021	2022	2023	2024 (projected)
Total Assets	1.5B	912.5M	893.0M	995.8M	1.1B	976.7M
Short Long Term Debt Total	1.0B	346.6M	410.4M	354.9M	408.1M	403.8M
Total Current Liabilities	157.2M	109.7M	136.8M	203.7M	234.3M	129.7M
Total Stockholder Equity	368.6M	410.2M	328.8M	423.0M	486.4M	399.5M
Property Plant And Equipment Net	999.7M	641.3M	585.4M	566.4M	651.3M	631.8M
Net Debt	965.1M	316.8M	431.0M	346.4M	398.4M	354.6M
Retained Earnings	(185.2M)	(509.4M)	(592.2M)	(580.5M)	(522.5M)	(496.4M)
Accounts Payable	143.2M	101.8M	127.4M	171.6M	197.3M	115.7M
Cash	42.6M	29.8M	(20.6M)	8.5M	9.8M	9.3M
Non Current Assets Total	1.1B	641.3M	585.4M	581.4M	668.6M	664.8M
Cash And Short Term Investments	42.6M	29.8M	(20.6M)	8.5M	9.8M	9.3M
Net Receivables	218.3M	141.0M	192.7M	238.8M	274.6M	178.3M
Common Stock Shares Outstanding	2.9M	54.2M	86.7M	84.6M	97.3M	102.2M
Liabilities And Stockholders Equity	1.5B	912.5M	893.0M	995.8M	1.1B	978.0M
Non Current Liabilities Total	1.0B	392.5M	427.3M	369.1M	424.4M	448.7M
Inventory	127.6M	83.3M	101.8M	108.9M	125.2M	70.5M
Other Stockholder Equity	41.8M	109.2M	110.8M	106.9M	122.9M	129.1M
Total Liab	1.2B	502.2M	564.1M	572.8M	658.7M	578.5M
Property Plant And Equipment Gross	999.7M	641.3M	2.6B	2.7B	3.1B	3.2B
Total Current Assets	405.9M	271.2M	307.5M	414.4M	476.5M	311.9M
Accumulated Other Comprehensive Income	2.7M	10.3M	9.1M	31.5M	36.3M	38.1M
Short Term Debt	13.9M	8.0M	9.4M	12.3M	14.1M	9.9M
Common Stock Total Equity	501.5M	508.3M	509.2M	800.2M	920.2M	966.2M
Common Stock	509.2M	800.2M	801.2M	865.1M	994.8M	523.2M
Other Liab	6.5M	53.8M	26.3M	26.5M	23.8M	22.6M
Net Tangible Assets	368.6M	410.2M	328.8M	423.0M	380.7M	427.7M
Other Assets	96.4M	120.3M	0.0	15M	17.3M	16.4M
Long Term Debt	976.7M	324.6M	388.5M	329.2M	296.3M	581.5M
Property Plant Equipment	999.7M	641.3M	585.4M	566.4M	509.7M	802.2M
Long Term Debt Total	993.7M	338.6M	401.0M	342.6M	308.4M	593.7M
Capital Surpluse	44.3M	66.0M	68.3M	70.1M	80.7M	53.4M
Capital Lease Obligations	30.9M	22.0M	20.6M	23.2M	26.7M	15.5M
Cash And Equivalents	42.6M	29.8M	0.0	8.5M	7.6M	7.3M
Net Invested Capital	1.3B	734.9M	718.7M	754.7M	679.2M	876.8M

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 Price Transformation module to use Price Transformation models to analyze the depth of different equity instruments across global markets.

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.

	Alpha Finder Use alpha and beta coefficients to find investment opportunities after accounting for the risk
	Price Ceiling Movement Calculate and plot Price Ceiling Movement for different equity instruments
	Odds Of Bankruptcy Get analysis of equity chance of financial distress in the next 2 years
	Premium Stories Follow Macroaxis premium stories from verified contributors across different equity types, categories and coverage scope
	Fundamental Analysis View fundamental data based on most recent published financial statements
	Portfolio Optimization Compute new portfolio that will generate highest expected return given your specified tolerance for risk
	Watchlist Optimization Optimize watchlists to build efficient portfolios or rebalance existing positions based on the mean-variance optimization algorithm
	Portfolio Center All portfolio management and optimization tools to improve performance of your portfolios

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.

Macroaxis helps investors of all levels and skills to maximize the upside of all their holdings and minimize the risk associated with market volatility, economic swings, and company-specific events. View terms and conditions

Feedback Blog

Made with optimal in San Francisco

2024 Macroaxis LLC

Calfrac Property Plant And Equipment Net vs Total Current Liabilities Analysis

Property Plant And Equipment Net vs Total Current Liabilities

Property Plant And Equipment Net vs Total Current Liabilities Correlation Analysis

Correlation Coefficient

Property Plant And Equipment Net

Total Current Liabilities

Calfrac Well fundamental ratios Correlations

Calfrac Well Account Relationship Matchups

High Positive Relationship

High Negative Relationship

Calfrac Well fundamental ratios Accounts

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

Complementary Tools for Calfrac Stock analysis

COMMON DESTINATIONS

MAIN CATEGORIES

COMPANY

Non Current Assets Total	+ 1.0	Property Plant And Equipment Net
Cash And Short Term Investments	+ 1.0	Cash
Net Debt	+ 0.99	Short Long Term Debt Total
Net Receivables	+ 0.99	Accounts Payable
Property Plant And Equipment Net	+ 0.98	Total Assets
Non Current Assets Total	+ 0.98	Total Assets

Other Stockholder Equity	- 0.89	Retained Earnings
Good Will	- 0.86	Short Term Investments
Non Currrent Assets Other	- 0.86	Retained Earnings
Common Stock Shares Outstanding	- 0.85	Retained Earnings
Intangible Assets	- 0.8	Other Current Assets
Short Term Investments	- 0.78	Inventory