KLX Cash And Short Term Investments from 2010 to 2024

KLXE Stock  USD 4.71  0.24  5.37%   
KLX Energy's Cash And Short Term Investments are increasing over the years with slightly volatile fluctuation. Cash And Short Term Investments are expected to dwindle to about 73.2 M. Cash And Short Term Investments is the sum of a company's cash on hand, including bank deposits and short-term, highly liquid investments that are easily convertible to known amounts of cash. View All Fundamentals
 
Cash And Short Term Investments  
First Reported
2017-12-31
Previous Quarter
86.9 M
Current Value
82.7 M
Quarterly Volatility
63.2 M
 
Covid
Check KLX Energy financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among KLX Energy's main balance sheet or income statement drivers, such as Depreciation And Amortization of 56.8 M, Interest Expense of 34.7 M or Total Revenue of 506.7 M, as well as many indicators such as Price To Sales Ratio of 0.19, Dividend Yield of 0.0 or PTB Ratio of 4.75. KLX financial statements analysis is a perfect complement when working with KLX Energy Valuation or Volatility modules.
  
Check out the analysis of KLX Energy Correlation against competitors.

Latest KLX Energy's Cash And Short Term Investments Growth Pattern

Below is the plot of the Cash And Short Term Investments of KLX Energy Services over the last few years. Short Term Investments is an account in the current assets section of KLX Energy Services balance sheet. This account contains KLX Energy investments that will expire within one year. These investments include stocks and bonds that can be liquidated by KLX Energy Services fairly quickly. It is the sum of a company's cash on hand, including bank deposits and short-term, highly liquid investments that are easily convertible to known amounts of cash. KLX Energy's Cash And Short Term Investments historical data analysis aims to capture in quantitative terms the overall pattern of either growth or decline in KLX Energy's overall financial position and show how it may be relating to other accounts over time.
Cash And Short Term Investments10 Years Trend
Slightly volatile
   Cash And Short Term Investments   
       Timeline  

KLX Cash And Short Term Investments Regression Statistics

Arithmetic Mean40,366,084
Geometric Mean4,714
Coefficient Of Variation135.61
Mean Deviation44,705,966
Median1.00
Standard Deviation54,740,791
Sample Variance2996.6T
Range163.8M
R-Value0.62
Mean Square Error1970.8T
R-Squared0.39
Significance0.01
Slope7,637,281
Total Sum of Squares41951.8T

KLX Cash And Short Term Investments History

202473.2 M
2023112.5 M
202257.4 M
202128 M
202047.1 M
2019123.5 M
2018163.8 M

About KLX Energy Financial Statements

KLX Energy stakeholders use historical fundamental indicators, such as KLX Energy's Cash And Short Term Investments, to determine how well the company is positioned to perform in the future. Although KLX Energy investors may analyze each financial statement separately, they are all interrelated. For example, changes in KLX Energy's assets and liabilities are reflected in the revenues and expenses on KLX Energy's income statement, which ultimately affect the company's gains or losses. Understanding these patterns can help in making the right long-term investment decisions in KLX Energy Services. Please read more on our technical analysis and fundamental analysis pages.
Last ReportedProjected for Next Year
Cash And Short Term Investments112.5 M73.2 M

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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 the analysis of KLX Energy Correlation against competitors.
You can also try the Economic Indicators module to top statistical indicators that provide insights into how an economy is performing.
Is Oil & Gas Equipment & Services space 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
(2.98)
Revenue Per Share
45.556
Quarterly Revenue Growth
(0.14)
Return On Assets
(0.01)
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.