KLX Total Current Liabilities vs Total Revenue Analysis
KLXE Stock | USD 5.24 0.34 6.09% |
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 Total Current Liabilities and its Total Revenue 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.
Total Current Liabilities vs Total Revenue
Total Current Liabilities vs Total Revenue Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of KLX Energy Services Total Current Liabilities account and Total Revenue. At this time, the significance of the direction appears to have almost identical trend.
The correlation between KLX Energy's Total Current Liabilities and Total Revenue is 0.91. Overlapping area represents the amount of variation of Total Current Liabilities that can explain the historical movement of Total Revenue 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 Total Current Liabilities and Total Revenue 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 Current Liabilities of KLX Energy Services are associated (or correlated) with its Total Revenue. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Total Revenue has no effect on the direction of Total Current Liabilities i.e., KLX Energy's Total Current Liabilities and Total Revenue go up and down completely randomly.
Correlation Coefficient | 0.91 |
Relationship Direction | Positive |
Relationship Strength | Very Strong |
Total Current Liabilities
Total Current Liabilities is an item on KLX Energy balance sheet that include short term debt, accounts payable, accrued salaries payable, payroll taxes payable, accrued liabilities and other debts. Total Current Liabilities of KLX Energy Services are important to investors because some useful performance ratios such as Current Ratio and Quick Ratio require Total Current Liabilities to be accurate. The total amount of liabilities that a company is expected to pay within one year, including debts, accounts payable, and other short-term financial obligations.Total Revenue
Total revenue comprises all receipts KLX Energy Services generated from the sale of its products or services. The total amount of income generated by the sale of goods or services related to the company's primary operations.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
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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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Analyzing currently trending equities could be an opportunity to develop a better portfolio based on different market momentums that they can trigger. Utilizing the top trending stocks is also useful when creating a market-neutral strategy or pair trading technique involving a short or a long position in a currently trending equity.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 Portfolio Holdings module to check your current holdings and cash postion to detemine if your portfolio needs rebalancing.
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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.
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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 (0.81) | Revenue Per Share 51.229 | Quarterly Revenue Growth (0.27) | Return On Assets 0.0323 |
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.