Comstock Financial Statements From 2010 to 2026

CRK Stock  USD 19.18  1.24  6.07%   
Analyzing historical trends in various income statement and balance sheet accounts from Comstock Resources' financial statements helps investors evaluate the company's valuation, profitability, and current liquidity needs. Key fundamental drivers impacting Comstock Resources' valuation are summarized below:
Gross Profit
B
Profit Margin
0.0375
Market Capitalization
B
Enterprise Value Revenue
5.0966
Revenue
1.8 B
There are currently one hundred twenty fundamental signals for Comstock Resources that can be evaluated and compared over time across rivals. We recommend to validate Comstock Resources' prevailing fundamental drivers against the all of the trends between 2010 and 2026. Enterprise Value is expected to rise to about 1.1 B this year, although the value of Market Cap will most likely fall to about 67.5 M.

Comstock Resources Total Revenue

1.51 Billion

Check Comstock Resources financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among Comstock Resources' main balance sheet or income statement drivers, such as Interest Expense of 254.3 M, Selling General Administrative of 47.6 M or Total Revenue of 1.5 B, as well as many indicators such as Price To Sales Ratio of 4.72, Dividend Yield of 0.0536 or PTB Ratio of 2.82. Comstock financial statements analysis is a perfect complement when working with Comstock Resources Valuation or Volatility modules.
  
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Check out the analysis of Comstock Resources Correlation against competitors.
For more information on how to buy Comstock Stock please use our How to buy in Comstock Stock guide.

Comstock Resources Balance Sheet

Current ValueLast YearHistorical Average 10 Year Trend
Total Assets7.7 B7.3 B3.7 B
Slightly volatile
Short and Long Term Debt Total3.7 B3.5 B1.9 B
Slightly volatile
Total Current Liabilities740 M704.8 M365.3 M
Slightly volatile
Property Plant And Equipment NetB6.6 B3.2 B
Slightly volatile
Net Debt3.6 B3.5 B1.8 B
Slightly volatile
Non Current Assets Total7.4 BB3.4 B
Slightly volatile
Common Stock Shares Outstanding346.6 M330.1 M137.1 M
Slightly volatile
Non Current Liabilities Total4.1 BB2.1 B
Slightly volatile
Other Current Assets78.9 M75.2 M45 M
Slightly volatile
Other Stockholder Equity1.6 B1.6 B1.3 B
Pretty Stable
Total Liabilities4.9 B4.7 B2.5 B
Slightly volatile
Property Plant And Equipment Gross10.5 B10 B4.1 B
Slightly volatile
Total Current Assets343 M326.6 M229.3 M
Slightly volatile
Net Receivables255.8 M243.7 M145.8 M
Slightly volatile
Cash7.4 M7.8 M28 M
Very volatile
Cash And Short Term Investments7.4 M7.8 M31.5 M
Pretty Stable
Accounts Payable509.3 M485.1 M242.2 M
Slightly volatile
Common Stock Total Equity167.6 M159.6 M74.8 M
Slightly volatile
Long Term Debt1.8 B3.4 B1.8 B
Slightly volatile
Long Term Debt Total1.9 B3.4 B1.8 B
Slightly volatile
Capital Surpluse855.4 M1.6 B811.7 M
Slightly volatile
Non Current Liabilities Other98.4 M93.7 M38.1 M
Slightly volatile
Property Plant EquipmentB6.6 B3.3 B
Slightly volatile
Cash And Equivalents5.8 M6.1 M42.1 M
Slightly volatile
Net Invested Capital3.9 BB2.5 B
Slightly volatile
Capital Lease Obligations92.1 M87.7 M26.8 M
Slightly volatile
Capital Stock175.3 M131.5 M133.2 M
Slightly volatile
Warrants194.6 M157.5 M295.5 M
Slightly volatile

Comstock Resources Income Statement

Current ValueLast YearHistorical Average 10 Year Trend
Selling General Administrative47.6 M45.4 M31.9 M
Slightly volatile
Total Revenue1.5 B1.4 B922.6 M
Slightly volatile
Other Operating Expenses1.7 B1.6 B757.8 M
Slightly volatile
Total Operating Expenses42.1 M44.3 M83.7 M
Slightly volatile
Cost Of Revenue1.7 B1.6 B673.8 M
Slightly volatile
Depreciation And Amortization960.4 M914.7 M412.5 M
Slightly volatile
Selling And Marketing Expenses18.6 M21.5 M18.1 M
Slightly volatile
Non Recurring7.1 M7.5 M79.4 M
Pretty Stable
Discontinued Operations118.2 M133 M145.1 M
Slightly volatile
Interest Income294.8 M230.5 M222.6 M
Slightly volatile
Reconciled Depreciation499.6 M914.7 M337.4 M
Slightly volatile
Preferred Stock And Other Adjustments12.8 M14.4 M15.7 M
Slightly volatile

Comstock Resources Cash Flow Statement

Current ValueLast YearHistorical Average 10 Year Trend
Depreciation960.4 M914.7 M496.2 M
Slightly volatile
Begin Period Cash Flow20 M19.2 M29.1 M
Pretty Stable
Stock Based Compensation7.9 M13.7 M10.1 M
Slightly volatile

Financial Ratios

Current ValueLast YearHistorical Average 10 Year Trend
Price To Sales Ratio4.724.84.6927
Slightly volatile
Dividend Yield0.05360.05110.0307
Slightly volatile
Days Sales Outstanding89.2870.9462.814
Pretty Stable
Stock Based Compensation To Revenue0.02390.0140.0183
Slightly volatile
Capex To Depreciation1.511.591.4551
Slightly volatile
EV To Sales7.147.577.6658
Slightly volatile
Payables Turnover1.622.953.0288
Slightly volatile
Sales General And Administrative To Revenue0.06770.03620.0603
Slightly volatile
Capex To Revenue1.211.010.8917
Pretty Stable
Cash Per Share0.02030.02132.0098
Slightly volatile
Days Payables Outstanding122128175
Pretty Stable
Current Ratio0.670.420.7049
Very volatile
Receivables Turnover4.915.327.0105
Slightly volatile
Capex Per Share3.273.4421.5605
Slightly volatile
Revenue Per Share3.733.9318.526
Slightly volatile
Interest Debt Per Share9.6510.1655.7931
Slightly volatile
Debt To Assets0.380.430.6135
Slightly volatile
Graham Number10.3610.932.0759
Slightly volatile
Short Term Coverage Ratios199227219
Slightly volatile
Operating Cycle91.9270.9465.5098
Pretty Stable
Days Of Payables Outstanding122128175
Pretty Stable
Quick Ratio0.660.420.7091
Very volatile
Cash Ratio0.00950.010.1773
Pretty Stable
Days Of Sales Outstanding89.2870.9462.814
Pretty Stable
Fixed Asset Turnover0.220.20.2731
Pretty Stable
Debt Ratio0.380.430.6135
Slightly volatile
Price Sales Ratio4.724.84.6927
Slightly volatile
Asset Turnover0.190.180.2335
Pretty Stable

Comstock Resources Valuation Data

Current ValueLast YearHistorical Average 10 Year Trend
Market Cap67.5 M111.5 M113 M
Pretty Stable
Enterprise Value1.1 B1.1 B1.1 B
Slightly volatile

Comstock Fundamental Market Drivers

Forward Price Earnings29.1545
Cash And Short Term Investments6.8 M

Comstock Upcoming Events

13th of February 2024
Upcoming Quarterly Report
View
7th of May 2024
Next Financial Report
View
31st of December 2023
Next Fiscal Quarter End
View
13th of February 2024
Next Fiscal Year End
View
30th of September 2023
Last Quarter Report
View
31st of December 2022
Last Financial Announcement
View

About Comstock Resources Financial Statements

Comstock Resources investors utilize fundamental indicators, such as revenue or net income, to predict how Comstock Stock might perform in the future. Analyzing these trends over time helps investors make informed market timing decisions. For further insights, please visit our fundamental analysis page.
Last ReportedProjected for Next Year
Current Deferred Revenue2.2 M2.1 M
Total Revenue1.4 B1.5 B
Cost Of Revenue1.6 B1.7 B
Stock Based Compensation To Revenue 0.01  0.02 
Sales General And Administrative To Revenue 0.04  0.07 
Capex To Revenue 1.01  1.21 
Revenue Per Share 3.93  3.73 
Ebit Per Revenue(0.13)(0.15)

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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 the analysis of Comstock Resources Correlation against competitors.
For more information on how to buy Comstock Stock please use our How to buy in Comstock Stock guide.
You can also try the Bond Analysis module to evaluate and analyze corporate bonds as a potential investment for your portfolios..
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. Projected growth potential of Comstock fundamentally drives upward valuation adjustments. The financial industry is built on trying to define current growth potential and future valuation accurately. Comprehensive Comstock Resources assessment requires weighing all these inputs, though not all factors influence outcomes equally.
Quarterly Earnings Growth
(0.79)
Earnings Share
0.22
Revenue Per Share
6.196
Quarterly Revenue Growth
0.477
Return On Assets
0.0254
Understanding Comstock Resources requires distinguishing between market price and book value, where the latter reflects Comstock's accounting equity. The concept of intrinsic value - what Comstock Resources' is actually worth based on fundamentals - guides informed investors toward better entry and exit points. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Market sentiment, economic cycles, and investor behavior can push Comstock Resources' price substantially above or below its fundamental value.
It's important to distinguish between Comstock Resources' intrinsic value and market price, which are calculated using different methodologies. Investment decisions regarding Comstock Resources should consider multiple factors including financial performance, growth metrics, competitive position, and professional analysis. In contrast, Comstock Resources' trading price reflects the actual exchange value where willing buyers and sellers reach mutual agreement.