KLX Operating Income vs Current Ratio Analysis
KLXE Stock | USD 7.29 0.24 3.40% |
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 Operating Income and its Current 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.
Operating Income vs Current Ratio
Operating Income vs Current Ratio Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of KLX Energy Services Operating Income account and Current Ratio. At this time, the significance of the direction appears to have fragmental relationship.
The correlation between KLX Energy's Operating Income and Current Ratio is 0.46. Overlapping area represents the amount of variation of Operating Income that can explain the historical movement of Current 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 Operating Income and Current 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 Operating Income of KLX Energy Services are associated (or correlated) with its Current Ratio. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Current Ratio has no effect on the direction of Operating Income i.e., KLX Energy's Operating Income and Current Ratio go up and down completely randomly.
Correlation Coefficient | 0.46 |
Relationship Direction | Positive |
Relationship Strength | Weak |
Operating Income
Operating Income is the amount of profit realized from KLX Energy Services operations after accounting for operating expenses such as cost of goods sold (COGS), wages and depreciation. Operating income takes the gross income and subtracts other operating expenses and then removes depreciation. Operating Income of KLX Energy Services is typically a synonym for earnings before interest and taxes (EBIT) and is also commonly referred to as operating profit or recurring profit. Earnings before interest and taxes (EBIT), representing the amount of profit a company generates from its operations.Current Ratio
A liquidity ratio that measures a company's ability to pay short-term obligations or those due within one year. It compares a firm's current assets to its current liabilities.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 |
Some investors attempt to determine whether the market's mood is bullish or bearish by monitoring changes in market sentiment. Unlike more traditional methods such as technical analysis, investor sentiment usually refers to the aggregate attitude towards KLX Energy in the overall investment community. So, suppose investors can accurately measure the market's sentiment. In that case, they can use it for their benefit. For example, some tools to gauge market sentiment could be utilized using contrarian indexes, KLX Energy's short interest history, or implied volatility extrapolated from KLX Energy options trading.
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 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 Performance Analysis module to check effects of mean-variance optimization against your current asset allocation.
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.
Pattern Recognition Use different Pattern Recognition models to time the market across multiple global exchanges | |
Portfolio File Import Quickly import all of your third-party portfolios from your local drive in csv format | |
Equity Forecasting Use basic forecasting models to generate price predictions and determine price momentum | |
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 | |
Sectors List of equity sectors categorizing publicly traded companies based on their primary business activities | |
Portfolio Optimization Compute new portfolio that will generate highest expected return given your specified tolerance for risk | |
Financial Widgets Easily integrated Macroaxis content with over 30 different plug-and-play financial widgets | |
USA ETFs Find actively traded Exchange Traded Funds (ETF) in USA | |
Bond Analysis Evaluate and analyze corporate bonds as a potential investment for your portfolios. | |
Sign In To Macroaxis Sign in to explore Macroaxis' wealth optimization platform and fintech modules |
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.