Comstock Debt To Assets from 2010 to 2024

CRK Stock  USD 15.16  0.07  0.46%   
Comstock Resources Debt To Assets yearly trend continues to be quite stable with very little volatility. The value of Debt To Assets are projected to decrease to 0.38. From the period between 2010 and 2024, Comstock Resources, Debt To Assets regression line of its data series had standard deviation of  0.29 and standard deviation of  0.29. View All Fundamentals
 
Debt To Assets  
First Reported
2010-12-31
Previous Quarter
0.4081355
Current Value
0.38
Quarterly Volatility
0.28711849
 
Credit Downgrade
 
Yuan Drop
 
Covid
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 177.5 M, Selling General Administrative of 39.9 M or Total Revenue of 1.6 B, as well as many indicators such as Price To Sales Ratio of 1.49, Dividend Yield of 0.0596 or PTB Ratio of 1.22. Comstock financial statements analysis is a perfect complement when working with Comstock Resources Valuation or Volatility modules.
  
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.

Latest Comstock Resources' Debt To Assets Growth Pattern

Below is the plot of the Debt To Assets of Comstock Resources over the last few years. It is Comstock Resources' Debt To Assets historical data analysis aims to capture in quantitative terms the overall pattern of either growth or decline in Comstock Resources' overall financial position and show how it may be relating to other accounts over time.
Debt To Assets10 Years Trend
Pretty Stable
   Debt To Assets   
       Timeline  

Comstock Debt To Assets Regression Statistics

Arithmetic Mean0.63
Geometric Mean0.58
Coefficient Of Variation45.78
Mean Deviation0.23
Median0.54
Standard Deviation0.29
Sample Variance0.08
Range0.8203
R-Value(0.26)
Mean Square Error0.08
R-Squared0.07
Significance0.36
Slope(0.02)
Total Sum of Squares1.15

Comstock Debt To Assets History

2023 0.41
2022 0.38
2021 0.56
2019 0.54
2018 0.57
2017 1.19
2016 1.17

About Comstock Resources Financial Statements

Comstock Resources investors utilize fundamental indicators, such as Debt To Assets, 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
Debt To Assets 0.41  0.38 

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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 Commodity Channel module to use Commodity Channel Index to analyze current equity momentum.
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)
Dividend Share
0.125
Earnings Share
(0.18)
Revenue Per Share
4.574
Quarterly Revenue Growth
(0.19)
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.