KLX Net Income vs Price to Sales Ratio 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 Net Income and its Price To Sales Ratio 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.
Net Income vs Price To Sales Ratio
Net Income vs Price to Sales Ratio Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of KLX Energy Services Net Income account and Price to Sales Ratio. At this time, the significance of the direction appears to have strong contrarian relationship.
The correlation between KLX Energy's Net Income and Price to Sales Ratio is -0.58. Overlapping area represents the amount of variation of Net Income that can explain the historical movement of Price to Sales Ratio 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 Net Income and Price to Sales Ratio is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Net Income of KLX Energy Services are associated (or correlated) with its Price to Sales Ratio. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Price to Sales Ratio has no effect on the direction of Net Income i.e., KLX Energy's Net Income and Price to Sales Ratio go up and down completely randomly.
Correlation Coefficient | -0.58 |
Relationship Direction | Negative |
Relationship Strength | Very Weak |
Net Income
Net income is one of the most important fundamental items in finance. It plays a large role in KLX Energy Services financial statement analysis. It represents the amount of money remaining after all of KLX Energy Services operating expenses, interest, taxes and preferred stock dividends have been deducted from a company total revenue.Price To Sales Ratio
Price to Sales Ratio is figured by comparing KLX Energy Services stock price to its revenues. An advantage to using Price to Sales ratio is that it is based on KLX Energy sales, a figure that is much harder to manipulate than other KLX Energy Services multiples. Because sales tend to be more stable P/S ratio can be a good tool for screening cyclical companies fluctuating earnings patterns. A valuation ratio that compares a company’s stock price to its revenues, calculated by dividing the company’s market cap by its total sales or revenue over a 12-month period.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 Expenses | 54.7M | 127.8M | 88.1M | 95.3M | Cost Of Revenue | 442.5M | 621.3M | 745.3M | 451.9M |
KLX Energy fundamental ratios Correlations
Click cells to compare fundamentals
KLX Energy Account Relationship Matchups
High Positive Relationship
High Negative Relationship
KLX Energy fundamental ratios Accounts
2019 | 2020 | 2021 | 2022 | 2023 | 2024 (projected) | ||
Common Stock Shares Outstanding | 4.5M | 6.5M | 8.7M | 11.3M | 15.7M | 16.5M | |
Total Assets | 623.4M | 362.7M | 387.7M | 465.9M | 539.8M | 485.5M | |
Other Current Liab | 33.4M | 36.4M | 26.1M | 45.8M | 40M | 33.8M | |
Total Current Liabilities | 64.8M | 77.7M | 122.7M | 154.4M | 164.1M | 102.1M | |
Total Stockholder Equity | 312.2M | 32.1M | (51.4M) | (15.8M) | 38.8M | 36.9M | |
Other Liab | 3.4M | 4.6M | 1M | 800K | 720K | 684K | |
Net Tangible Assets | 238.1M | 29.6M | (53.6M) | (17.9M) | (16.1M) | (15.3M) | |
Property Plant And Equipment Net | 306.8M | 203.7M | 218.4M | 205.5M | 242.9M | 246.1M | |
Retained Earnings | (100.9M) | (433.1M) | (525.3M) | (528.6M) | (509.4M) | (534.9M) | |
Accounts Payable | 31.4M | 39.4M | 72.1M | 84.2M | 87.9M | 56.3M | |
Cash | 123.5M | 47.1M | 28M | 57.4M | 112.5M | 73.2M | |
Non Current Assets Total | 394.9M | 212M | 223M | 211.2M | 249.5M | 276.0M | |
Non Currrent Assets Other | 14M | 5.8M | 4.6M | 3.6M | 4.8M | 5.8M | |
Other Assets | 14M | 5.8M | 2.4M | 3.6M | 1.0 | 0.95 | |
Net Receivables | 79.2M | 67M | 103.2M | 154.3M | 127M | 103.8M | |
Liabilities And Stockholders Equity | 623.4M | 362.7M | 387.7M | 465.9M | 539.8M | 485.5M | |
Non Current Liabilities Total | 246.4M | 252.9M | 316.4M | 327.3M | 336.9M | 237.8M | |
Inventory | 12M | 20.8M | 22.4M | 25.7M | 33.5M | 20.5M | |
Other Current Assets | 13.8M | 15.8M | 11.1M | 17.3M | 19.9M | 12.0M | |
Other Stockholder Equity | 412.9M | 465.1M | 473.8M | 512.7M | 548.1M | 511.8M | |
Total Liab | 311.2M | 330.6M | 439.1M | 481.7M | 501M | 339.9M | |
Property Plant And Equipment Gross | 271.9M | 306.8M | 203.7M | 205.5M | 625.1M | 656.4M | |
Total Current Assets | 228.5M | 150.7M | 164.7M | 254.7M | 290.3M | 209.5M | |
Non Current Liabilities Other | 4.7M | 3.4M | 4.6M | 800K | 400K | 380K | |
Intangible Assets | 30.3M | 45.8M | 2.5M | 2.1M | 1.8M | 1.7M | |
Property Plant Equipment | 306.8M | 203.7M | 218.4M | 205.5M | 236.3M | 243.1M | |
Net Invested Capital | 582.9M | 555.2M | 276M | 267.6M | 323.1M | 297.3M | |
Net Working Capital | 223.1M | 163.7M | 73M | 100.3M | 126.2M | 96.6M | |
Short Long Term Debt Total | 243M | 250.2M | 336.9M | 350.9M | 365.4M | 327.9M | |
Net Debt | 119.5M | 203.1M | 308.9M | 293.5M | 252.9M | 230.3M | |
Cash And Short Term Investments | 123.5M | 47.1M | 28M | 57.4M | 112.5M | 71.0M | |
Deferred Long Term Liab | 900K | 700K | 400K | 1.7M | 2.0M | 1.1M |
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Try AI Portfolio ArchitectCheck 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 Portfolio Volatility module to check portfolio volatility and analyze historical return density to properly model market risk.
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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.