Comstock Historical Balance Sheet

CRK Stock  USD 20.25  0.01  0.05%   
Trend analysis of Comstock Resources balance sheet accounts such as Short Long Term Debt Total of 3.2 B, Other Current Liabilities of 158.7 M or Total Current Liabilities of 643.5 M provides information on Comstock Resources' total assets, liabilities, and equity, which is the actual value of Comstock Resources to its prevalent stockholders. By breaking down trends over time using Comstock Resources balance sheet statements, investors will see what precisely the company owns and what it owes to creditors or other parties at the end of each accounting year.
 
Oil Shock
 
Dot-com Bubble
 
Housing Crash
 
Credit Downgrade
 
Yuan Drop
 
Covid
Financial Statement Analysis is much more than just reviewing and examining Comstock Resources latest accounting reports to predict its past. Macroaxis encourages investors to analyze financial statements over time for various trends across multiple indicators and accounts to determine whether Comstock Resources is a good buy for the upcoming year.

Comstock Resources Inventory

42.04 Million

  
Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in Comstock Resources. 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.
For more information on how to buy Comstock Stock please use our How to buy in Comstock Stock guide.

About Comstock Balance Sheet Analysis

Balance Sheet is a snapshot of the financial position of Comstock Resources at a specified time, usually calculated after every quarter, six months, or one year. Comstock Resources Balance Sheet has two main parts: assets and liabilities. Liabilities are the debts or obligations of Comstock Resources and are divided into current liabilities and long term liabilities. An asset, on the other hand, is anything of value that can be converted into cash and which Comstock currently owns. An asset can also be divided into two categories, current and non-current.

Comstock Resources Balance Sheet Chart

At this time, Comstock Resources' Property Plant And Equipment Net is quite stable compared to the past year. Net Debt is expected to rise to about 3.2 B this year, although the value of Cash will most likely fall to about 6.5 M.

Total Assets

Total assets refers to the total amount of Comstock Resources 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 Comstock Resources 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.

Total Current Liabilities

Total Current Liabilities is an item on Comstock Resources balance sheet that include short term debt, accounts payable, accrued salaries payable, payroll taxes payable, accrued liabilities and other debts. Total Current Liabilities of Comstock Resources are important to investors because some useful performance ratios such as Current Ratio and Quick Ratio require Total Current Liabilities to be accurate. The total amount of liabilities that a company is expected to pay within one year, including debts, accounts payable, and other short-term financial obligations.
Most accounts from Comstock Resources' balance sheet are interrelated and interconnected. However, analyzing balance sheet accounts one by one will only give a small insight into Comstock Resources current financial condition. On the other hand, looking into the entire matrix of balance sheet accounts, and analyzing their relationships over time can provide a more complete picture of the company financial strength now and in the future. Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in Comstock Resources. 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.
For more information on how to buy Comstock Stock please use our How to buy in Comstock Stock guide.At this time, Comstock Resources' Property Plant And Equipment Net is quite stable compared to the past year. Net Debt is expected to rise to about 3.2 B this year, although the value of Cash will most likely fall to about 6.5 M.
 2022 2023 2024 2025 (projected)
Short and Long Term Debt Total2.2B2.7B3.0B3.2B
Total Assets5.7B6.3B6.4B6.7B

Comstock Resources balance sheet Correlations

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Comstock Resources Account Relationship Matchups

Comstock Resources balance sheet Accounts

202020212022202320242025 (projected)
Total Assets4.6B4.7B5.7B6.3B6.4B6.7B
Short Long Term Debt Total2.5B2.6B2.2B2.7B3.0B3.2B
Other Current Liab54.5M299.3M153.9M130.3M151.1M158.7M
Total Current Liabilities441.6M634.0M756.1M681.5M612.9M643.5M
Total Stockholder Equity1.4B1.2B2.3B2.4B2.2B2.4B
Property Plant And Equipment Net4.1B4.0B4.7B5.5B5.8B6.1B
Net Debt2.5B2.6B2.2B2.7B3.0B3.2B
Retained Earnings55.2M(204.0M)886.1M958.3M728.6M765.0M
Non Current Assets Total4.4B4.3B5.0B5.8B6.1B6.4B
Non Currrent Assets Other8.8M701K(197.4M)(425.7M)(383.2M)(364.0M)
Common Stock Shares Outstanding215.2M231.6M277.5M276.8M287.0M301.4M
Liabilities And Stockholders Equity4.6B4.7B5.7B6.3B6.4B6.7B
Non Current Liabilities Total2.7B2.8B2.7B3.2B3.4B3.6B
Other Current Assets23.8M22.5M31.1M199.3M277.2M291.1M
Other Stockholder Equity1.1B1.1B1.3B1.3B2.1B2.2B
Total Liab3.2B3.5B3.4B3.9B4.0B4.3B
Property Plant And Equipment Gross4.1B5.1B6.2B7.6B8.7B9.1B
Total Current Assets199.8M318.7M645.0M461.5M284.0M298.2M
Net Receivables145.8M267.7M510.1M245.5M174.8M183.6M
Short Term Debt5.8M4.5M40.8M26.1M38.6M36.6M
Cash30.3M30.7M54.7M16.7M6.8M6.5M
Cash And Short Term Investments30.3M30.7M54.7M16.7M6.8M6.5M
Accounts Payable259.3M314.6M530.2M523.3M421.8M442.9M
Inventory4.5M3.1M5.0M34.8M40.0M42.0M
Common Stock116.2M116.5M138.8M139.2M146.1M153.4M
Common Stock Total Equity95.0M116.2M116.5M138.8M159.6M167.6M
Current Deferred Revenue133.0M135.0M425.7M1.9M2.2M2.1M
Net Tangible Assets1.2B1.1B676.9M1.9B2.2B2.3B
Other Assets10.2M19.2M701K(35.9M)(32.3M)(30.7M)
Long Term Debt2.5B2.6B2.2B2.6B3.0B1.8B
Retained Earnings Total Equity138.6M55.2M(204.0M)886.1M797.5M837.4M
Long Term Debt Total2.5B2.5B2.6B2.2B2.5B1.7B
Capital Surpluse909.4M1.1B1.1B1.3B1.4B757.2M
Deferred Long Term Liab216.0M202.9M201.5M425.7M489.6M514.1M
Non Current Liabilities Other26.0M20.5M29.8M81.5M93.7M98.4M
Property Plant Equipment4.0B4.1B4.0B4.6B5.3B2.7B
Accumulated Depreciation(486.5M)(902.3M)(1.1B)(1.5B)(1.8B)(1.9B)

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When determining whether Comstock Resources is a good investment, qualitative aspects like company management, corporate governance, and ethical practices play a significant role. A comparison with peer companies also provides context and helps to understand if Comstock Stock is undervalued or overvalued. This multi-faceted approach, blending both quantitative and qualitative analysis, forms a solid foundation for making an informed investment decision about Comstock Resources Stock. Highlighted below are key reports to facilitate an investment decision about Comstock Resources Stock:
Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in Comstock Resources. 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.
For more information on how to buy Comstock Stock please use our How to buy in Comstock Stock guide.
You can also try the Companies Directory module to evaluate performance of over 100,000 Stocks, Funds, and ETFs against different fundamentals.
Is Oil & Gas Exploration & Production 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 Comstock Resources. If investors know Comstock 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 Comstock Resources 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
(0.79)
Earnings Share
(0.76)
Revenue Per Share
4.371
Quarterly Revenue Growth
(0.10)
Return On Assets
(0.02)
The market value of Comstock Resources is measured differently than its book value, which is the value of Comstock that is recorded on the company's balance sheet. Investors also form their own opinion of Comstock Resources' value that differs from its market value or its book value, called intrinsic value, which is Comstock Resources' 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 Comstock Resources' market value can be influenced by many factors that don't directly affect Comstock Resources' 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 Comstock Resources' value and its price as these two are different measures arrived at by different means. Investors typically determine if Comstock Resources is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Comstock Resources' 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.