Liberty Capital Surpluse vs Common Stock Analysis

LBRT Stock  USD 19.10  0.62  3.35%   
Liberty Oilfield financial indicator trend analysis is infinitely more than just investigating Liberty Oilfield Services recent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Liberty Oilfield Services is a good investment. Please check the relationship between Liberty Oilfield Capital Surpluse and its Common Stock accounts. Check out Correlation Analysis to better understand how to build diversified portfolios, which includes a position in Liberty Oilfield 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 metropolitan statistical area.

Capital Surpluse vs Common Stock

Capital Surpluse vs Common Stock Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Liberty Oilfield Services Capital Surpluse account and Common Stock. At this time, the significance of the direction appears to have strong contrarian relationship.
The correlation between Liberty Oilfield's Capital Surpluse and Common Stock is -0.62. Overlapping area represents the amount of variation of Capital Surpluse that can explain the historical movement of Common Stock in the same time period over historical financial statements of Liberty Oilfield Services, assuming nothing else is changed. The correlation between historical values of Liberty Oilfield's Capital Surpluse and Common Stock is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Capital Surpluse of Liberty Oilfield Services are associated (or correlated) with its Common Stock. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Common Stock has no effect on the direction of Capital Surpluse i.e., Liberty Oilfield's Capital Surpluse and Common Stock go up and down completely randomly.

Correlation Coefficient

-0.62
Relationship DirectionNegative 
Relationship StrengthWeak

Capital Surpluse

Common Stock

Most indicators from Liberty Oilfield's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Liberty Oilfield 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 Liberty Oilfield 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 metropolitan statistical area.
At this time, Liberty Oilfield's Tax Provision is comparatively stable compared to the past year. Sales General And Administrative To Revenue is likely to gain to 0.07 in 2024, whereas Selling General Administrative is likely to drop slightly above 116.1 M in 2024.
 2021 2022 2023 2024 (projected)
Depreciation And Amortization266.6M326.8M421.5M442.6M
Interest Income2K373K1.3M1.2M

Liberty Oilfield fundamental ratios Correlations

0.950.830.980.920.931.00.780.970.521.00.630.520.98-0.610.620.80.850.990.920.940.980.8-0.810.990.67
0.950.770.940.880.890.940.910.920.340.940.720.340.96-0.450.630.910.880.960.870.810.980.8-0.70.940.62
0.830.770.910.760.770.820.680.890.320.820.630.320.86-0.430.70.660.680.820.750.850.860.63-0.730.830.3
0.980.940.910.90.920.970.810.990.420.970.680.420.98-0.560.70.790.830.980.90.940.990.76-0.780.970.58
0.920.880.760.91.00.920.750.90.420.920.590.420.9-0.60.610.710.950.910.980.860.910.95-0.740.90.65
0.930.890.770.921.00.930.750.910.430.930.60.430.91-0.610.610.710.940.920.980.880.910.93-0.750.910.66
1.00.940.820.970.920.930.780.970.491.00.590.490.97-0.620.620.780.840.980.910.940.980.81-0.790.970.7
0.780.910.680.810.750.750.780.8-0.080.790.65-0.080.81-0.230.680.830.750.810.710.640.850.69-0.40.740.53
0.970.920.890.990.90.910.970.80.40.970.640.40.96-0.620.720.730.790.980.880.960.970.73-0.740.950.64
0.520.340.320.420.420.430.49-0.080.40.480.241.00.47-0.57-0.020.280.410.470.490.490.430.36-0.780.570.28
1.00.940.820.970.920.931.00.790.970.480.590.480.97-0.620.620.780.840.980.910.940.980.81-0.790.970.71
0.630.720.630.680.590.60.590.650.640.240.590.240.750.030.320.850.680.70.630.540.710.46-0.670.710.07
0.520.340.320.420.420.430.49-0.080.41.00.480.240.47-0.57-0.020.280.410.470.490.490.430.36-0.780.570.28
0.980.960.860.980.90.910.970.810.960.470.970.750.47-0.520.650.870.870.990.920.90.990.78-0.810.990.54
-0.61-0.45-0.43-0.56-0.6-0.61-0.62-0.23-0.62-0.57-0.620.03-0.57-0.52-0.58-0.13-0.46-0.59-0.63-0.68-0.52-0.530.4-0.59-0.62
0.620.630.70.70.610.610.620.680.72-0.020.620.32-0.020.65-0.580.450.540.670.620.610.670.54-0.190.620.28
0.80.910.660.790.710.710.780.830.730.280.780.850.280.87-0.130.450.820.820.740.590.870.68-0.680.830.3
0.850.880.680.830.950.940.840.750.790.410.840.680.410.87-0.460.540.820.850.960.710.870.96-0.720.860.49
0.990.960.820.980.910.920.980.810.980.470.980.70.470.99-0.590.670.820.850.910.920.990.77-0.770.990.63
0.920.870.750.90.980.980.910.710.880.490.910.630.490.92-0.630.620.740.960.910.860.910.93-0.760.920.57
0.940.810.850.940.860.880.940.640.960.490.940.540.490.9-0.680.610.590.710.920.860.890.68-0.780.910.66
0.980.980.860.990.910.910.980.850.970.430.980.710.430.99-0.520.670.870.870.990.910.890.8-0.780.980.58
0.80.80.630.760.950.930.810.690.730.360.810.460.360.78-0.530.540.680.960.770.930.680.8-0.630.770.56
-0.81-0.7-0.73-0.78-0.74-0.75-0.79-0.4-0.74-0.78-0.79-0.67-0.78-0.810.4-0.19-0.68-0.72-0.77-0.76-0.78-0.78-0.63-0.84-0.37
0.990.940.830.970.90.910.970.740.950.570.970.710.570.99-0.590.620.830.860.990.920.910.980.77-0.840.57
0.670.620.30.580.650.660.70.530.640.280.710.070.280.54-0.620.280.30.490.630.570.660.580.56-0.370.57
Click cells to compare fundamentals

Liberty Oilfield Account Relationship Matchups

Liberty Oilfield fundamental ratios Accounts

201920202021202220232024 (projected)
Total Assets1.3B1.9B2.0B2.6B3.0B1.7B
Short Long Term Debt Total207.2M211.6M243.6M348.9M405.3M236.3M
Other Current Liab109.0M74.3M409.7M276.8M266.2M185.7M
Total Current Liabilities266.5M356.1M569.2M649.5M639.4M382.4M
Total Stockholder Equity554.8M1.2B1.2B1.5B1.8B1.9B
Net Tangible Assets554.8M1.2B1.2B1.5B1.7B1.8B
Property Plant And Equipment Net760.1M1.2B1.3B1.5B1.9B1.0B
Net Debt94.5M142.6M223.6M305.2M368.5M186.5M
Accounts Payable117.6M193.3M288.8M326.8M293.7M175.9M
Cash112.7M69.0M20.0M43.7M36.8M49.8M
Non Current Assets Total794.5M1.3B1.4B1.6B2.1B1.1B
Long Term Debt105.7M105.4M121.4M217.4M140M143.1M
Cash And Short Term Investments112.7M69.0M20.0M43.7M36.8M49.8M
Net Receivables252.9M313.9M407.5M586.0M587.5M350.9M
Common Stock Total Equity1.1M1.8M1.9M1.8M1.6M1.5M
Common Stock Shares Outstanding105.3M85.2M174.0M189.3M176.4M141.0M
Long Term Debt Total130.6M105.4M121.4M217.4M250.0M145.2M
Liabilities And Stockholders Equity1.3B1.9B2.0B2.6B3.0B1.7B
Non Current Liabilities Total235.4M223.8M241.0M429.1M552.7M580.4M
Inventory88.5M118.6M134.6M214.5M205.9M112.7M
Other Current Assets34.8M65.6M68.3M112.5M124.1M130.3M
Other Stockholder Equity410.6M1.1B1.4B1.3B1.1B767.1M
Total Liab501.9M579.9M810.2M1.1B1.2B658.0M
Property Plant And Equipment Gross760.1M1.2B1.3B1.5B3.4B3.6B
Short Long Term Debt409K364K1.0M1.0M918K872.1K
Total Current Assets489.0M567.1M630.4M956.7M954.3M573.5M
Short Term Debt39.9M88.5M40.8M39.7M67.4M38.2M
Common Stock1.1M1.8M1.9M1.8M1.7M1.6M
Property Plant Equipment760.1M1.1B1.3B1.4B1.6B847.0M
Non Currrent Assets Other(25.6M)81.9M82.3M105.3M159.0M166.9M
Other Assets34.3M201.9M82.9M117.9M135.6M74.0M
Other Liab68.1M56.6M38.1M119.9M137.9M144.8M
Net Invested Capital661.0M1.3B1.3B1.7B2.0B1.3B
Net Working Capital222.5M211.0M61.1M307.2M314.8M234.1M
Noncontrolling Interest In Consolidated Entity226.7M159.4M17.2M2.3M2.1M2.0M
Retained Earnings143.1M23.3M(156.0M)234.5M752.3M789.9M
Retained Earnings Total Equity143.1M23.3M(156.0M)234.5M211.1M221.6M

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