Liberty Property Plant Equipment 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 Property Plant Equipment 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.
Property Plant Equipment vs Common Stock
Property Plant Equipment 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 Property Plant Equipment account and Common Stock. At this time, the significance of the direction appears to have strong contrarian relationship.
The correlation between Liberty Oilfield's Property Plant Equipment and Common Stock is -0.62. Overlapping area represents the amount of variation of Property Plant Equipment 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 Property Plant Equipment 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 Property Plant Equipment 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 Property Plant Equipment i.e., Liberty Oilfield's Property Plant Equipment and Common Stock go up and down completely randomly.
Correlation Coefficient | -0.62 |
Relationship Direction | Negative |
Relationship Strength | Weak |
Property Plant Equipment
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 Amortization | 266.6M | 326.8M | 421.5M | 442.6M | Interest Income | 2K | 373K | 1.3M | 1.2M |
Liberty Oilfield fundamental ratios Correlations
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Liberty Oilfield Account Relationship Matchups
High Positive Relationship
High Negative Relationship
Liberty Oilfield fundamental ratios Accounts
2019 | 2020 | 2021 | 2022 | 2023 | 2024 (projected) | ||
Total Assets | 1.3B | 1.9B | 2.0B | 2.6B | 3.0B | 1.7B | |
Short Long Term Debt Total | 207.2M | 211.6M | 243.6M | 348.9M | 405.3M | 236.3M | |
Other Current Liab | 109.0M | 74.3M | 409.7M | 276.8M | 266.2M | 185.7M | |
Total Current Liabilities | 266.5M | 356.1M | 569.2M | 649.5M | 639.4M | 382.4M | |
Total Stockholder Equity | 554.8M | 1.2B | 1.2B | 1.5B | 1.8B | 1.9B | |
Net Tangible Assets | 554.8M | 1.2B | 1.2B | 1.5B | 1.7B | 1.8B | |
Property Plant And Equipment Net | 760.1M | 1.2B | 1.3B | 1.5B | 1.9B | 1.0B | |
Net Debt | 94.5M | 142.6M | 223.6M | 305.2M | 368.5M | 186.5M | |
Accounts Payable | 117.6M | 193.3M | 288.8M | 326.8M | 293.7M | 175.9M | |
Cash | 112.7M | 69.0M | 20.0M | 43.7M | 36.8M | 49.8M | |
Non Current Assets Total | 794.5M | 1.3B | 1.4B | 1.6B | 2.1B | 1.1B | |
Long Term Debt | 105.7M | 105.4M | 121.4M | 217.4M | 140M | 143.1M | |
Cash And Short Term Investments | 112.7M | 69.0M | 20.0M | 43.7M | 36.8M | 49.8M | |
Net Receivables | 252.9M | 313.9M | 407.5M | 586.0M | 587.5M | 350.9M | |
Common Stock Total Equity | 1.1M | 1.8M | 1.9M | 1.8M | 1.6M | 1.5M | |
Common Stock Shares Outstanding | 105.3M | 85.2M | 174.0M | 189.3M | 176.4M | 141.0M | |
Long Term Debt Total | 130.6M | 105.4M | 121.4M | 217.4M | 250.0M | 145.2M | |
Liabilities And Stockholders Equity | 1.3B | 1.9B | 2.0B | 2.6B | 3.0B | 1.7B | |
Non Current Liabilities Total | 235.4M | 223.8M | 241.0M | 429.1M | 552.7M | 580.4M | |
Inventory | 88.5M | 118.6M | 134.6M | 214.5M | 205.9M | 112.7M | |
Other Current Assets | 34.8M | 65.6M | 68.3M | 112.5M | 124.1M | 130.3M | |
Other Stockholder Equity | 410.6M | 1.1B | 1.4B | 1.3B | 1.1B | 767.1M | |
Total Liab | 501.9M | 579.9M | 810.2M | 1.1B | 1.2B | 658.0M | |
Property Plant And Equipment Gross | 760.1M | 1.2B | 1.3B | 1.5B | 3.4B | 3.6B | |
Short Long Term Debt | 409K | 364K | 1.0M | 1.0M | 918K | 872.1K | |
Total Current Assets | 489.0M | 567.1M | 630.4M | 956.7M | 954.3M | 573.5M | |
Short Term Debt | 39.9M | 88.5M | 40.8M | 39.7M | 67.4M | 38.2M | |
Common Stock | 1.1M | 1.8M | 1.9M | 1.8M | 1.7M | 1.6M | |
Property Plant Equipment | 760.1M | 1.1B | 1.3B | 1.4B | 1.6B | 847.0M | |
Non Currrent Assets Other | (25.6M) | 81.9M | 82.3M | 105.3M | 159.0M | 166.9M | |
Other Assets | 34.3M | 201.9M | 82.9M | 117.9M | 135.6M | 74.0M | |
Other Liab | 68.1M | 56.6M | 38.1M | 119.9M | 137.9M | 144.8M | |
Net Invested Capital | 661.0M | 1.3B | 1.3B | 1.7B | 2.0B | 1.3B | |
Net Working Capital | 222.5M | 211.0M | 61.1M | 307.2M | 314.8M | 234.1M | |
Noncontrolling Interest In Consolidated Entity | 226.7M | 159.4M | 17.2M | 2.3M | 2.1M | 2.0M | |
Retained Earnings | 143.1M | 23.3M | (156.0M) | 234.5M | 752.3M | 789.9M | |
Retained Earnings Total Equity | 143.1M | 23.3M | (156.0M) | 234.5M | 211.1M | 221.6M |
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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.