Liberty Property Plant And Equipment Gross vs Total Assets Analysis

LBRT Stock  USD 18.56  0.16  0.87%   
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 Property Plant And Equipment Gross and its Total Assets 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.

Property Plant And Equipment Gross vs Total Assets

Property Plant And Equipment Gross vs Total Assets Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Liberty Oilfield Services Property Plant And Equipment Gross account and Total Assets. At this time, the significance of the direction appears to have very strong relationship.
The correlation between Liberty Oilfield's Property Plant And Equipment Gross and Total Assets is 0.8. Overlapping area represents the amount of variation of Property Plant And Equipment Gross that can explain the historical movement of Total Assets 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 Property Plant And Equipment Gross and Total Assets is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Property Plant And Equipment Gross of Liberty Oilfield Services are associated (or correlated) with its Total Assets. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Total Assets has no effect on the direction of Property Plant And Equipment Gross i.e., Liberty Oilfield's Property Plant And Equipment Gross and Total Assets go up and down completely randomly.

Correlation Coefficient

0.8
Relationship DirectionPositive 
Relationship StrengthStrong

Property Plant And Equipment Gross

Total Assets

Total assets refers to the total amount of Liberty Oilfield assets owned. Assets are items that have some economic value and are expended over time to create a benefit for the owner. These assets are usually recorded in Liberty Oilfield Services books under different categories such as cash, marketable securities, accounts receivable,prepaid expenses, inventory, fixed assets, intangible assets, other assets, marketable securities, accounts receivable, prepaid expenses and others. The total value of all owned resources that are expected to provide future economic benefits to the business, including cash, investments, accounts receivable, inventory, property, plant, equipment, and intangible assets.
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

Thematic Opportunities

Explore Investment Opportunities

Build portfolios using Macroaxis predefined set of investing ideas. Many of Macroaxis investing ideas can easily outperform a given market. Ideas can also be optimized per your risk profile before portfolio origination is invoked. Macroaxis thematic optimization helps investors identify companies most likely to benefit from changes or shifts in various micro-economic or local macro-level trends. Originating optimal thematic portfolios involves aligning investors' personal views, ideas, and beliefs with their actual investments.
Explore Investing Ideas  

Additional Tools for Liberty Stock Analysis

When running Liberty Oilfield's price analysis, check to measure Liberty Oilfield'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 Liberty Oilfield is operating at the current time. Most of Liberty Oilfield's value examination focuses on studying past and present price action to predict the probability of Liberty Oilfield's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Liberty Oilfield's price. Additionally, you may evaluate how the addition of Liberty Oilfield to your portfolios can decrease your overall portfolio volatility.