KLX Enterprise Value vs Income Tax Expense Analysis

KLXE Stock  USD 7.00  0.33  4.50%   
KLX Energy financial indicator trend analysis is infinitely more than just investigating KLX Energy Services recent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether KLX Energy Services is a good investment. Please check the relationship between KLX Energy Enterprise Value and its Income Tax Expense accounts. Check out Correlation Analysis to better understand how to build diversified portfolios, which includes a position in KLX Energy 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 interest.

Enterprise Value vs Income Tax Expense

Enterprise Value vs Income Tax Expense Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of KLX Energy Services Enterprise Value account and Income Tax Expense. At this time, the significance of the direction appears to have no relationship.
The correlation between KLX Energy's Enterprise Value and Income Tax Expense is 0.0. Overlapping area represents the amount of variation of Enterprise Value that can explain the historical movement of Income Tax Expense in the same time period over historical financial statements of KLX Energy Services, assuming nothing else is changed. The correlation between historical values of KLX Energy's Enterprise Value and Income Tax Expense is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Enterprise Value of KLX Energy Services are associated (or correlated) with its Income Tax Expense. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Income Tax Expense has no effect on the direction of Enterprise Value i.e., KLX Energy's Enterprise Value and Income Tax Expense go up and down completely randomly.

Correlation Coefficient

0.0
Relationship DirectionFlat 
Relationship StrengthInsignificant

Enterprise Value

Enterprise Value (or EV) is usually referred to as KLX Energy theoretical takeover price. In the event of an acquisition, an acquirer would have to take on KLX Energy Services debt, but would also pocket its cash. Enterprise Value is more accurate representation of KLX Energy value than its market capitalization because it takes into account all of KLX Energy Services existing debt. A measure of a company's total value, often used as a more comprehensive alternative to equity market capitalization that includes the market capitalization, plus total debt, minority interest and preferred shares, minus total cash and cash equivalents.

Income Tax Expense

Most indicators from KLX Energy's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into KLX Energy 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 Correlation Analysis to better understand how to build diversified portfolios, which includes a position in KLX Energy 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 interest.
At present, KLX Energy's Issuance Of Capital Stock is projected to increase significantly based on the last few years of reporting.
 2021 2022 2023 2024 (projected)
Total Operating Expenses54.7M127.8M88.1M95.3M
Cost Of Revenue442.5M621.3M745.3M451.9M

KLX Energy fundamental ratios Correlations

0.480.660.82-0.69-0.37-0.830.420.190.820.240.07-0.240.70.70.860.73-0.590.740.870.62-0.43-0.25-0.650.40.03
0.480.880.720.030.43-0.20.960.930.690.930.880.720.830.850.620.81-0.880.830.610.970.390.66-0.890.960.87
0.660.880.89-0.350.32-0.530.790.770.850.690.650.490.920.950.830.96-0.920.940.580.950.270.32-0.950.790.59
0.820.720.89-0.61-0.08-0.760.610.51.00.450.370.150.940.930.960.91-0.80.960.630.86-0.130.01-0.850.590.31
-0.690.03-0.35-0.610.440.970.090.2-0.630.290.390.55-0.39-0.49-0.69-0.480.35-0.52-0.29-0.170.480.650.390.10.46
-0.370.430.32-0.080.440.370.450.7-0.120.550.70.80.060.23-0.080.23-0.40.15-0.150.311.00.64-0.350.460.67
-0.83-0.2-0.53-0.760.970.37-0.140.0-0.760.070.20.41-0.55-0.66-0.82-0.650.54-0.69-0.49-0.380.410.490.58-0.130.26
0.420.960.790.610.090.45-0.140.920.570.970.880.710.70.790.510.75-0.860.750.610.880.40.74-0.851.00.89
0.190.930.770.50.20.70.00.920.460.950.940.870.630.740.40.68-0.840.690.360.840.660.8-0.820.930.95
0.820.690.851.0-0.63-0.12-0.760.570.460.410.340.130.940.90.950.87-0.760.940.610.83-0.18-0.03-0.820.560.27
0.240.930.690.450.290.550.070.970.950.410.940.820.60.660.330.61-0.770.610.490.810.510.85-0.750.980.96
0.070.880.650.370.390.70.20.880.940.340.940.940.580.580.240.51-0.670.530.310.770.670.82-0.660.890.95
-0.240.720.490.150.550.80.410.710.870.130.820.940.40.380.010.32-0.50.33-0.010.590.80.86-0.470.730.91
0.70.830.920.94-0.390.06-0.550.70.630.940.60.580.40.90.840.86-0.80.920.570.930.020.2-0.850.70.48
0.70.850.950.93-0.490.23-0.660.790.740.90.660.580.380.90.880.96-0.961.00.580.910.170.27-0.980.780.54
0.860.620.830.96-0.69-0.08-0.820.510.40.950.330.240.010.840.880.9-0.750.920.670.78-0.14-0.12-0.80.490.19
0.730.810.960.91-0.480.23-0.650.750.680.870.610.510.320.860.960.9-0.920.960.630.890.170.24-0.940.740.48
-0.59-0.88-0.92-0.80.35-0.40.54-0.86-0.84-0.76-0.77-0.67-0.5-0.8-0.96-0.75-0.92-0.93-0.55-0.89-0.34-0.430.99-0.86-0.65
0.740.830.940.96-0.520.15-0.690.750.690.940.610.530.330.921.00.920.96-0.930.60.910.10.21-0.960.740.49
0.870.610.580.63-0.29-0.15-0.490.610.360.610.490.31-0.010.570.580.670.63-0.550.60.65-0.220.07-0.60.580.32
0.620.970.950.86-0.170.31-0.380.880.840.830.810.770.590.930.910.780.89-0.890.910.650.260.46-0.910.870.73
-0.430.390.27-0.130.481.00.410.40.66-0.180.510.670.80.020.17-0.140.17-0.340.1-0.220.260.63-0.30.410.64
-0.250.660.320.010.650.640.490.740.8-0.030.850.820.860.20.27-0.120.24-0.430.210.070.460.63-0.370.760.92
-0.65-0.89-0.95-0.850.39-0.350.58-0.85-0.82-0.82-0.75-0.66-0.47-0.85-0.98-0.8-0.940.99-0.96-0.6-0.91-0.3-0.37-0.84-0.63
0.40.960.790.590.10.46-0.131.00.930.560.980.890.730.70.780.490.74-0.860.740.580.870.410.76-0.840.9
0.030.870.590.310.460.670.260.890.950.270.960.950.910.480.540.190.48-0.650.490.320.730.640.92-0.630.9
Click cells to compare fundamentals

KLX Energy Account Relationship Matchups

KLX Energy fundamental ratios Accounts

201920202021202220232024 (projected)
Common Stock Shares Outstanding4.5M6.5M8.7M11.3M15.7M16.5M
Total Assets623.4M362.7M387.7M465.9M539.8M485.5M
Other Current Liab33.4M36.4M26.1M45.8M40M33.8M
Total Current Liabilities64.8M77.7M122.7M154.4M164.1M102.1M
Total Stockholder Equity312.2M32.1M(51.4M)(15.8M)38.8M36.9M
Other Liab3.4M4.6M1M800K720K684K
Net Tangible Assets238.1M29.6M(53.6M)(17.9M)(16.1M)(15.3M)
Property Plant And Equipment Net306.8M203.7M218.4M205.5M242.9M246.1M
Retained Earnings(100.9M)(433.1M)(525.3M)(528.6M)(509.4M)(534.9M)
Accounts Payable31.4M39.4M72.1M84.2M87.9M56.3M
Cash123.5M47.1M28M57.4M112.5M73.2M
Non Current Assets Total394.9M212M223M211.2M249.5M276.0M
Non Currrent Assets Other14M5.8M4.6M3.6M4.8M5.8M
Other Assets14M5.8M2.4M3.6M1.00.95
Net Receivables79.2M67M103.2M154.3M127M103.8M
Liabilities And Stockholders Equity623.4M362.7M387.7M465.9M539.8M485.5M
Non Current Liabilities Total246.4M252.9M316.4M327.3M336.9M237.8M
Inventory12M20.8M22.4M25.7M33.5M20.5M
Other Current Assets13.8M15.8M11.1M17.3M19.9M12.0M
Other Stockholder Equity412.9M465.1M473.8M512.7M548.1M511.8M
Total Liab311.2M330.6M439.1M481.7M501M339.9M
Property Plant And Equipment Gross271.9M306.8M203.7M205.5M625.1M656.4M
Total Current Assets228.5M150.7M164.7M254.7M290.3M209.5M
Non Current Liabilities Other4.7M3.4M4.6M800K400K380K
Intangible Assets30.3M45.8M2.5M2.1M1.8M1.7M
Property Plant Equipment306.8M203.7M218.4M205.5M236.3M243.1M
Net Invested Capital582.9M555.2M276M267.6M323.1M297.3M
Net Working Capital223.1M163.7M73M100.3M126.2M96.6M
Short Long Term Debt Total243M250.2M336.9M350.9M365.4M327.9M
Net Debt119.5M203.1M308.9M293.5M252.9M230.3M
Cash And Short Term Investments123.5M47.1M28M57.4M112.5M71.0M
Deferred Long Term Liab900K700K400K1.7M2.0M1.1M

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
When determining whether KLX Energy Services is a strong investment it is important to analyze KLX Energy's competitive position within its industry, examining market share, product or service uniqueness, and competitive advantages. Beyond financials and market position, potential investors should also consider broader economic conditions, industry trends, and any regulatory or geopolitical factors that may impact KLX Energy's future performance. For an informed investment choice regarding KLX Stock, refer to the following important reports:
Check out Correlation Analysis to better understand how to build diversified portfolios, which includes a position in KLX Energy 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 interest.
You can also try the Top Crypto Exchanges module to search and analyze digital assets across top global cryptocurrency exchanges.

Complementary Tools for KLX Stock analysis

When running KLX Energy's price analysis, check to measure KLX 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 KLX Energy is operating at the current time. Most of KLX Energy's value examination focuses on studying past and present price action to predict the probability of KLX 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 KLX Energy's price. Additionally, you may evaluate how the addition of KLX Energy to your portfolios can decrease your overall portfolio volatility.
Portfolio Manager
State of the art Portfolio Manager to monitor and improve performance of your invested capital
Aroon Oscillator
Analyze current equity momentum using Aroon Oscillator and other momentum ratios
Portfolio Dashboard
Portfolio dashboard that provides centralized access to all your investments
Money Managers
Screen money managers from public funds and ETFs managed around the world
Balance Of Power
Check stock momentum by analyzing Balance Of Power indicator and other technical ratios
Portfolio Rebalancing
Analyze risk-adjusted returns against different time horizons to find asset-allocation targets
USA ETFs
Find actively traded Exchange Traded Funds (ETF) in USA
Options Analysis
Analyze and evaluate options and option chains as a potential hedge for your portfolios
Premium Stories
Follow Macroaxis premium stories from verified contributors across different equity types, categories and coverage scope
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
Is KLX 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 KLX Energy. If investors know KLX 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 KLX 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
(0.51)
Earnings Share
1.22
Revenue Per Share
56.949
Quarterly Revenue Growth
(0.13)
Return On Assets
0.0684
The market value of KLX Energy Services is measured differently than its book value, which is the value of KLX that is recorded on the company's balance sheet. Investors also form their own opinion of KLX Energy's value that differs from its market value or its book value, called intrinsic value, which is KLX 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 KLX Energy's market value can be influenced by many factors that don't directly affect KLX 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 KLX Energy's value and its price as these two are different measures arrived at by different means. Investors typically determine if KLX Energy is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, KLX 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.