KLX Ev To Sales vs Free Cash Flow Yield Analysis
KLXE Stock | USD 5.25 0.54 11.46% |
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 Ev To Sales and its Free Cash Flow Yield 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 closely tied with the direction of predictive economic indicators such as signals in interest.
Ev To Sales vs Free Cash Flow Yield
Ev To Sales vs Free Cash Flow Yield Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of KLX Energy Services Ev To Sales account and Free Cash Flow Yield. At this time, the significance of the direction appears to have almost no relationship.
The correlation between KLX Energy's Ev To Sales and Free Cash Flow Yield is 0.18. Overlapping area represents the amount of variation of Ev To Sales that can explain the historical movement of Free Cash Flow Yield 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 Ev To Sales and Free Cash Flow Yield is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Ev To Sales of KLX Energy Services are associated (or correlated) with its Free Cash Flow Yield. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Free Cash Flow Yield has no effect on the direction of Ev To Sales i.e., KLX Energy's Ev To Sales and Free Cash Flow Yield go up and down completely randomly.
Correlation Coefficient | 0.18 |
Relationship Direction | Positive |
Relationship Strength | Insignificant |
Ev To Sales
The Enterprise Value to Sales ratio, a valuation metric used to compare the value of a company, including debt and excluding cash, to its sales revenue.Free Cash Flow Yield
A financial solvency ratio that compares the free cash flow per share a company is expected to earn against its market value per share, calculated as free cash flow per share divided by market price per share.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 closely tied 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) | Interest Expense | 29.4M | 35M | 36.5M | 34.7M | Depreciation And Amortization | 53.9M | 56.8M | 72.8M | 56.8M |
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 | 32.7M | 23.1M | 14.4M | 11.1M | 17.9M | |
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 | |
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 | |
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 | |
Cash And Short Term Investments | 123.5M | 47.1M | 28M | 57.4M | 112.5M | 73.2M | |
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 | 431.4M | |
Total Liab | 311.2M | 330.6M | 439.1M | 481.7M | 501M | 339.9M | |
Total Current Assets | 228.5M | 150.7M | 164.7M | 254.7M | 290.3M | 209.5M | |
Intangible Assets | 30.3M | 45.8M | 2.5M | 2.1M | 1.8M | 1.7M | |
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 | 123.5M | 47.1M | 28M | 57.4M | 112.5M | 71.0M |
Also Currently Popular
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 closely tied with the direction of predictive economic indicators such as signals in interest. You can also try the Portfolio Center module to all portfolio management and optimization tools to improve performance of your portfolios.
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.