Calfrac Total Assets vs Property Plant And Equipment Net Analysis

CFW Stock

CAD 4.06 0.01 0.25%

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 Total Assets and its Property Plant And Equipment Net 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.

Total Assets vs Property Plant And Equipment Net

Total Assets vs Property Plant And Equipment Net Correlation Analysis

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

The correlation between Calfrac Well's Total Assets and Property Plant And Equipment Net is 0.98. Overlapping area represents the amount of variation of Total Assets that can explain the historical movement of Property Plant And Equipment Net 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 Total Assets and Property Plant And Equipment Net is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Total Assets of Calfrac Well Services are associated (or correlated) with its Property Plant And Equipment Net. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Property Plant And Equipment Net has no effect on the direction of Total Assets i.e., Calfrac Well's Total Assets and Property Plant And Equipment Net go up and down completely randomly.

Correlation Coefficient

0.98

Relationship Direction	Positive
Relationship Strength	Very Strong

View All Relationships

Total Assets

Total assets refers to the total amount of Calfrac Well 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 Calfrac Well Services 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.

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.

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 17th 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 Equity Forecasting module to use basic forecasting models to generate price predictions and determine price momentum.

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.

	Efficient Frontier Plot and analyze your portfolio and positions against risk-return landscape of the market.
	Portfolio Optimization Compute new portfolio that will generate highest expected return given your specified tolerance for risk
	CEOs Directory Screen CEOs from public companies around the world
	Stock Screener Find equities using a custom stock filter or screen asymmetry in trading patterns, price, volume, or investment outlook.
	Stocks Directory Find actively traded stocks across global markets
	Technical Analysis Check basic technical indicators and analysis based on most latest market data
	My Watchlist Analysis Analyze my current watchlist and to refresh optimization strategy. Macroaxis watchlist is based on self-learning algorithm to remember stocks you like
	Money Managers Screen money managers from public funds and ETFs managed around the world
	Price Transformation Use Price Transformation models to analyze the depth of different equity instruments across global markets
	Fundamental Analysis View fundamental data based on most recent published financial statements
	Portfolio Dashboard Portfolio dashboard that provides centralized access to all your investments
	Financial Widgets Easily integrated Macroaxis content with over 30 different plug-and-play financial widgets

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 Total Assets vs Property Plant And Equipment Net Analysis

Total Assets vs Property Plant And Equipment Net

Total Assets vs Property Plant And Equipment Net Correlation Analysis

Correlation Coefficient

Total Assets

Property Plant And Equipment Net

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