Coterra Total Stockholder Equity vs Total Current Assets Analysis

CTRA Stock

USD 28.29 0.14 0.49%

Coterra Energy financial indicator trend analysis is way more than just evaluating Coterra Energy prevailing accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Coterra Energy is a good investment. Please check the relationship between Coterra Energy Total Stockholder Equity and its Total Current Assets accounts. Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in Coterra Energy. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in metropolitan statistical area.

For information on how to trade Coterra Stock refer to our How to Trade Coterra Stock guide.

Total Stockholder Equity vs Total Current Assets

Total Stockholder Equity vs Total Current Assets Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Coterra Energy Total Stockholder Equity account and Total Current Assets. At this time, the significance of the direction appears to have almost identical trend.

The correlation between Coterra Energy's Total Stockholder Equity and Total Current Assets is 0.98. Overlapping area represents the amount of variation of Total Stockholder Equity that can explain the historical movement of Total Current Assets in the same time period over historical financial statements of Coterra Energy, assuming nothing else is changed. The correlation between historical values of Coterra Energy's Total Stockholder Equity and Total 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 Total Stockholder Equity of Coterra Energy are associated (or correlated) with its Total Current Assets. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Total Current Assets has no effect on the direction of Total Stockholder Equity i.e., Coterra Energy's Total Stockholder Equity and Total Current Assets go up and down completely randomly.

Correlation Coefficient

0.98

Relationship Direction	Positive
Relationship Strength	Very Strong

View All Relationships

Total Stockholder Equity

The total equity held by shareholders, calculated as the difference between a company's total assets and total liabilities. It represents the net value of the company owned by shareholders.

Total Current Assets

The total value of all assets that are expected to be converted into cash within one year or during the normal operating cycle.

Most indicators from Coterra Energy's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Coterra Energy 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 Coterra Energy. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in metropolitan statistical area.

For information on how to trade Coterra Stock refer to our How to Trade Coterra Stock guide.At present, Coterra Energy's Selling General Administrative is projected to increase significantly based on the last few years of reporting. The current year's Sales General And Administrative To Revenue is expected to grow to 0.07, whereas Tax Provision is forecasted to decline to about 317.9 M.

	2021	2022	2023	2024 (projected)
Interest Expense	62M	70M	73M	82.8M
Depreciation And Amortization	767M	1.6B	1.6B	1.7B

Interest Expense Depreciation And Amortization

Coterra Energy fundamental ratios Correlations

	Total Assets	Total Current Liabilities	Total Stockholder Equity	Property Plant And Equipment Net	Net Debt	Retained Earnings	Cash	Non Current Assets Total	Non Currrent Assets Other	Cash And Short Term Investments	Net Receivables	Common Stock Shares Outstanding	Non Current Liabilities Total	Inventory	Other Stockholder Equity	Total Liab	Total Current Assets	Short Long Term Debt Total	Other Current Liab	Accounts Payable	Other Current Assets	Short Term Debt	Common Stock	Current Deferred Revenue	Other Liab	Net Tangible Assets
Total Assets		0.96	1.0	1.0	0.64	0.91	0.9	1.0	-0.54	0.9	0.94	0.75	0.98	0.96	0.98	0.99	0.98	0.89	-0.22	0.71	0.28	0.58	0.88	0.82	0.98	0.98
Total Current Liabilities	0.96		0.96	0.96	0.55	0.92	0.9	0.96	-0.33	0.9	0.86	0.7	0.9	0.92	0.93	0.94	0.93	0.82	-0.13	0.82	0.41	0.72	0.82	0.85	0.95	0.96
Total Stockholder Equity	1.0	0.96		0.99	0.59	0.91	0.91	1.0	-0.53	0.91	0.94	0.75	0.96	0.97	0.98	0.98	0.98	0.85	-0.25	0.73	0.26	0.6	0.86	0.84	0.99	0.99
Property Plant And Equipment Net	1.0	0.96	0.99		0.66	0.91	0.89	1.0	-0.54	0.89	0.93	0.74	0.98	0.96	0.98	0.99	0.96	0.89	-0.21	0.72	0.3	0.58	0.87	0.82	0.98	0.98
Net Debt	0.64	0.55	0.59	0.66		0.55	0.45	0.65	-0.42	0.45	0.59	0.5	0.78	0.54	0.57	0.74	0.56	0.89	0.03	0.32	0.31	0.15	0.75	0.33	0.53	0.53
Retained Earnings	0.91	0.92	0.91	0.91	0.55		0.76	0.91	-0.34	0.76	0.84	0.75	0.85	0.94	0.82	0.88	0.86	0.75	-0.34	0.82	0.39	0.71	0.79	0.93	0.92	0.91
Cash	0.9	0.9	0.91	0.89	0.45	0.76		0.9	-0.41	1.0	0.83	0.63	0.85	0.8	0.93	0.88	0.94	0.81	-0.03	0.68	0.13	0.66	0.85	0.69	0.9	0.9
Non Current Assets Total	1.0	0.96	1.0	1.0	0.65	0.91	0.9		-0.54	0.9	0.94	0.75	0.98	0.96	0.98	0.99	0.97	0.89	-0.22	0.72	0.29	0.58	0.87	0.82	0.98	0.98
Non Currrent Assets Other	-0.54	-0.33	-0.53	-0.54	-0.42	-0.34	-0.41	-0.54		-0.41	-0.68	-0.47	-0.6	-0.49	-0.59	-0.56	-0.57	-0.49	0.38	0.14	0.25	0.25	-0.53	-0.18	-0.52	-0.47
Cash And Short Term Investments	0.9	0.9	0.91	0.89	0.45	0.76	1.0	0.9	-0.41		0.83	0.63	0.85	0.8	0.93	0.88	0.94	0.81	-0.03	0.68	0.13	0.66	0.85	0.69	0.9	0.9
Net Receivables	0.94	0.86	0.94	0.93	0.59	0.84	0.83	0.94	-0.68	0.83		0.8	0.92	0.9	0.94	0.92	0.96	0.81	-0.38	0.52	0.13	0.41	0.88	0.74	0.93	0.91
Common Stock Shares Outstanding	0.75	0.7	0.75	0.74	0.5	0.75	0.63	0.75	-0.47	0.63	0.8		0.73	0.77	0.71	0.74	0.77	0.64	-0.55	0.4	0.14	0.4	0.7	0.71	0.7	0.7
Non Current Liabilities Total	0.98	0.9	0.96	0.98	0.78	0.85	0.85	0.98	-0.6	0.85	0.92	0.73		0.91	0.95	1.0	0.94	0.95	-0.17	0.62	0.28	0.48	0.9	0.71	0.93	0.93
Inventory	0.96	0.92	0.97	0.96	0.54	0.94	0.8	0.96	-0.49	0.8	0.9	0.77	0.91		0.92	0.93	0.91	0.77	-0.4	0.74	0.3	0.6	0.76	0.92	0.96	0.97
Other Stockholder Equity	0.98	0.93	0.98	0.98	0.57	0.82	0.93	0.98	-0.59	0.93	0.94	0.71	0.95	0.92		0.96	0.98	0.85	-0.19	0.64	0.19	0.52	0.84	0.75	0.96	0.97
Total Liab	0.99	0.94	0.98	0.99	0.74	0.88	0.88	0.99	-0.56	0.88	0.92	0.74	1.0	0.93	0.96		0.95	0.94	-0.17	0.67	0.32	0.53	0.9	0.75	0.95	0.95
Total Current Assets	0.98	0.93	0.98	0.96	0.56	0.86	0.94	0.97	-0.57	0.94	0.96	0.77	0.94	0.91	0.98	0.95		0.85	-0.25	0.64	0.18	0.56	0.9	0.78	0.96	0.95
Short Long Term Debt Total	0.89	0.82	0.85	0.89	0.89	0.75	0.81	0.89	-0.49	0.81	0.81	0.64	0.95	0.77	0.85	0.94	0.85		0.0	0.56	0.27	0.43	0.92	0.57	0.81	0.81
Other Current Liab	-0.22	-0.13	-0.25	-0.21	0.03	-0.34	-0.03	-0.22	0.38	-0.03	-0.38	-0.55	-0.17	-0.4	-0.19	-0.17	-0.25	0.0		0.08	0.1	0.02	-0.12	-0.48	-0.21	-0.23
Accounts Payable	0.71	0.82	0.73	0.72	0.32	0.82	0.68	0.72	0.14	0.68	0.52	0.4	0.62	0.74	0.64	0.67	0.64	0.56	0.08		0.52	0.87	0.53	0.83	0.76	0.78
Other Current Assets	0.28	0.41	0.26	0.3	0.31	0.39	0.13	0.29	0.25	0.13	0.13	0.14	0.28	0.3	0.19	0.32	0.18	0.27	0.1	0.52		0.49	0.18	0.37	0.24	0.29
Short Term Debt	0.58	0.72	0.6	0.58	0.15	0.71	0.66	0.58	0.25	0.66	0.41	0.4	0.48	0.6	0.52	0.53	0.56	0.43	0.02	0.87	0.49		0.51	0.73	0.6	0.63
Common Stock	0.88	0.82	0.86	0.87	0.75	0.79	0.85	0.87	-0.53	0.85	0.88	0.7	0.9	0.76	0.84	0.9	0.9	0.92	-0.12	0.53	0.18	0.51		0.6	0.83	0.8
Current Deferred Revenue	0.82	0.85	0.84	0.82	0.33	0.93	0.69	0.82	-0.18	0.69	0.74	0.71	0.71	0.92	0.75	0.75	0.78	0.57	-0.48	0.83	0.37	0.73	0.6		0.84	0.87
Other Liab	0.98	0.95	0.99	0.98	0.53	0.92	0.9	0.98	-0.52	0.9	0.93	0.7	0.93	0.96	0.96	0.95	0.96	0.81	-0.21	0.76	0.24	0.6	0.83	0.84		0.99
Net Tangible Assets	0.98	0.96	0.99	0.98	0.53	0.91	0.9	0.98	-0.47	0.9	0.91	0.7	0.93	0.97	0.97	0.95	0.95	0.81	-0.23	0.78	0.29	0.63	0.8	0.87	0.99

Click cells to compare fundamentals

Coterra Energy Account Relationship Matchups

Coterra Energy fundamental ratios Accounts

	2019	2020	2021	2022	2023	2024 (projected)
Total Assets	4.5B	4.5B	19.9B	20.2B	20.7B	21.7B
Total Current Liabilities	241.0M	390.2M	1.2B	1.2B	1.7B	1.7B
Total Stockholder Equity	2.2B	2.2B	11.7B	12.7B	13.0B	13.7B
Property Plant And Equipment Net	3.9B	4.0B	17.4B	17.5B	18.3B	19.2B
Net Debt	1.1B	993.8M	2.1B	1.6B	1.6B	1.6B
Retained Earnings	2.1B	2.2B	2.6B	4.6B	5.4B	5.6B
Cash	200.2M	140.1M	1.0B	673M	965M	1.0B
Non Current Assets Total	3.9B	4.1B	17.8B	17.9B	18.7B	19.6B
Non Currrent Assets Other	(638.8M)	(711.0M)	(2.7B)	(2.9B)	123M	129.2M
Cash And Short Term Investments	200.2M	140.1M	1.0B	673M	965M	1.0B
Net Receivables	338.8M	220.9M	1.0B	1.3B	894M	938.7M
Common Stock Shares Outstanding	417.5M	400.5M	504M	799M	760M	450.5M
Liabilities And Stockholders Equity	4.5B	4.5B	19.9B	20.2B	20.7B	21.7B
Non Current Liabilities Total	2.1B	1.9B	6.9B	6.3B	6.0B	6.3B
Inventory	13.9M	15.3M	39M	63M	59M	62.0M
Other Stockholder Equity	(40.8M)	(18.8M)	9.0B	7.9B	7.6B	8.0B
Total Liab	2.3B	2.3B	8.2B	7.5B	7.6B	8.0B
Total Current Assets	568.2M	415.7M	2.1B	2.2B	2.0B	2.1B
Short Long Term Debt Total	1.3B	1.1B	3.1B	2.3B	2.5B	2.7B
Other Current Liab	129.2M	202.2M	1.2B	(2.3B)	200M	210M
Accounts Payable	21.7M	12.9M	94M	27M	763M	801.2M
Other Current Assets	1.7M	1.7M	7M	9M	97M	101.9M
Common Stock	47.7M	47.8M	89M	77M	75M	78.8M
Accumulated Other Comprehensive Income	1.4M	2.4M	1M	13M	11M	12.0M
Other Liab	842.0M	942.0M	3.8B	3.8B	4.4B	4.6B
Net Tangible Assets	2.2B	2.2B	11.7B	12.7B	14.6B	15.3B
Other Assets	27.4M	29.5M	389M	82M	73.8M	70.1M
Long Term Debt	1.1B	945.9M	3.1B	2.2B	1.6B	1.8B
Common Stock Total Equity	47.6M	47.7M	47.8M	89M	102.4M	61.5M
Deferred Long Term Liab	8.9M	774.2M	3.1B	3M	3.5M	3.3M
Net Invested Capital	3.4B	3.3B	3.1B	14.8B	15.2B	16.0B
Property Plant And Equipment Gross	3.9B	4.1B	21.5B	23.3B	25.3B	13.3B
Non Current Liabilities Other	8.6M	197.5M	666M	130M	136M	185.9M
Net Working Capital	240.2M	25.5M	916M	1.0B	355M	463.1M
Property Plant Equipment	3.9B	4.0B	17.4B	17.9B	20.5B	21.6B
Capital Stock	47.7M	47.8M	89M	77M	75M	70.4M

Pair Trading with Coterra Energy

One of the main advantages of trading using pair correlations is that every trade hedges away some risk. Because there are two separate transactions required, even if Coterra Energy position performs unexpectedly, the other equity can make up some of the losses. Pair trading also minimizes risk from directional movements in the market. For example, if an entire industry or sector drops because of unexpected headlines, the short position in Coterra Energy will appreciate offsetting losses from the drop in the long position's value.

Moving together with Coterra Stock

0.95	AR	Antero Resources Corp	Pair Corr
0.95	PR	Permian Resources Financial Report 13th of May 2024	Pair Corr
0.94	SD	SandRidge Energy	Pair Corr
0.96	SM	SM Energy	Pair Corr

Moving against Coterra Stock

0.73

Empire Petroleum Corp

Pair Corr

The ability to find closely correlated positions to Coterra Energy could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Coterra Energy when you sell it. If you don't do this, your portfolio allocation will be skewed against your target asset allocation. So, investors can't just sell and buy back Coterra Energy - that would be a violation of the tax code under the "wash sale" rule, and this is why you need to find a similar enough asset and use the proceeds from selling Coterra Energy to buy it.

The correlation of Coterra Energy is a statistical measure of how it moves in relation to other instruments. This measure is expressed in what is known as the correlation coefficient, which ranges between -1 and +1. A perfect positive correlation (i.e., a correlation coefficient of +1) implies that as Coterra Energy moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Coterra Energy moves in either direction, the perfectly negatively correlated security will move in the opposite direction. If the correlation is 0, the equities are not correlated; they are entirely random. A correlation greater than 0.8 is generally described as strong, whereas a correlation less than 0.5 is generally considered weak.

Correlation analysis and pair trading evaluation for Coterra Energy can also be used as hedging techniques within a particular sector or industry or even over random equities to generate a better risk-adjusted return on your portfolios.

Pair Correlation Correlation Matching

When determining whether Coterra Energy offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of Coterra Energy's financial statements, including income statements, balance sheets, and cash flow statements, to assess its financial health. Key financial ratios are used to gauge profitability, efficiency, and growth potential of Coterra Energy Stock. Outlined below are crucial reports that will aid in making a well-informed decision on Coterra Energy Stock:

How To Invest In Coterra

Details

Is Coterra Stock a good investment?

Details

What is Coterra Energy's Net Worth?

Details

Largest Oil & Gas Exploration & Production Companies

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Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in Coterra Energy. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in metropolitan statistical area.

For information on how to trade Coterra Stock refer to our How to Trade Coterra Stock guide.

You can also try the Theme Ratings module to determine theme ratings based on digital equity recommendations. Macroaxis theme ratings are based on combination of fundamental analysis and risk-adjusted market performance.

Complementary Tools for Coterra Stock analysis

When running Coterra Energy's price analysis, check to measure Coterra Energy'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 Coterra Energy is operating at the current time. Most of Coterra Energy's value examination focuses on studying past and present price action to predict the probability of Coterra Energy's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Coterra Energy's price. Additionally, you may evaluate how the addition of Coterra Energy to your portfolios can decrease your overall portfolio volatility.

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Is Coterra Energy's industry 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 Coterra Energy. If investors know Coterra 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 Coterra Energy 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

(0.58)

Dividend Share

1.17

Earnings Share

2.13

Revenue Per Share

7.519

Quarterly Revenue Growth

(0.30)

The market value of Coterra Energy is measured differently than its book value, which is the value of Coterra that is recorded on the company's balance sheet. Investors also form their own opinion of Coterra Energy's value that differs from its market value or its book value, called intrinsic value, which is Coterra Energy's 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 Coterra Energy's market value can be influenced by many factors that don't directly affect Coterra Energy's 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 Coterra Energy's value and its price as these two are different measures arrived at by different means. Investors typically determine if Coterra Energy is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Coterra Energy'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

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Coterra Total Stockholder Equity vs Total Current Assets Analysis

Total Stockholder Equity vs Total Current Assets

Total Stockholder Equity vs Total Current Assets Correlation Analysis

Correlation Coefficient

Total Stockholder Equity

Total Current Assets

Coterra Energy fundamental ratios Correlations

Coterra Energy Account Relationship Matchups

High Positive Relationship

High Negative Relationship

Coterra Energy fundamental ratios Accounts

Pair Trading with Coterra Energy

Moving together with Coterra Stock

Moving against Coterra Stock

Complementary Tools for Coterra Stock analysis

COMMON DESTINATIONS

MAIN CATEGORIES

COMPANY

Total Stockholder Equity	+ 1.0	Total Assets
Property Plant And Equipment Net	+ 1.0	Total Assets
Non Current Assets Total	+ 1.0	Total Assets
Non Current Assets Total	+ 1.0	Total Stockholder Equity
Non Current Assets Total	+ 1.0	Property Plant And Equipment Net
Cash And Short Term Investments	+ 1.0	Cash

Net Receivables	- 0.68	Non Currrent Assets Other
Non Current Liabilities Total	- 0.6	Non Currrent Assets Other
Other Stockholder Equity	- 0.59	Non Currrent Assets Other
Total Current Assets	- 0.57	Non Currrent Assets Other
Total Liab	- 0.56	Non Currrent Assets Other
Other Current Liab	- 0.55	Common Stock Shares Outstanding