Comstock Resources Stock Total Asset
CRK Stock | USD 15.23 0.23 1.53% |
Comstock Resources fundamentals help investors to digest information that contributes to Comstock Resources' financial success or failures. It also enables traders to predict the movement of Comstock Stock. The fundamental analysis module provides a way to measure Comstock Resources' intrinsic value by examining its available economic and financial indicators, including the cash flow records, the balance sheet account changes, the income statement patterns, and various microeconomic indicators and financial ratios related to Comstock Resources stock.
Last Reported | Projected for Next Year | ||
Total Assets | 6.5 B | 6.8 B | |
Intangibles To Total Assets | 0.05 | 0.05 |
Comstock | Total Asset |
Comstock Resources Company Total Asset Analysis
Comstock Resources' Total Asset is everything that a business owns. It is the sum of current and long-term assets owned by a firm at a given time. These assets are listed on a balance sheet and typically valued based on their purchasing prices, not the current market value.
Current Comstock Resources Total Asset | 6.47 B |
Most of Comstock Resources' fundamental indicators, such as Total Asset, are part of a valuation analysis module that helps investors searching for stocks that are currently trading at higher or lower prices than their real value. If the real value is higher than the market price, Comstock Resources is considered to be undervalued, and we provide a buy recommendation. Otherwise, we render a sell signal.
Comstock Total Asset Driver Correlations
Understanding the fundamental principles of building solid financial models for Comstock Resources is extremely important. It helps to project a fair market value of Comstock Stock properly, considering its historical fundamentals such as Total Asset. Since Comstock Resources' main accounts across its financial reports are all linked and dependent on each other, it is essential to analyze all possible correlations between related accounts. However, instead of reviewing all of Comstock Resources' historical financial statements, investors can examine the correlated drivers to determine its overall health. This can be effectively done using a conventional correlation matrix of Comstock Resources' interrelated accounts and indicators.
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Comstock Total Asset Historical Pattern
Today, most investors in Comstock Resources Stock are looking for potential investment opportunities by analyzing not only static indicators but also various Comstock Resources' growth ratios. Consistent increases or drops in fundamental ratios usually indicate a possible pattern that can be successfully translated into profits. However, when comparing two companies, knowing each company's total asset growth rates may not be enough to decide which company is a better investment. That's why investors frequently use a static breakdown of Comstock Resources total asset as a starting point in their analysis.
Comstock Resources Total Asset |
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Total Asset is typically divided on the balance sheet on current asset and long-term asset. Long-term is the value of company property and other capital assets that are expected to be useable for more than one year. Long term assets are reported net of depreciation. On the other hand current assets are assets that are expected to be sold or converted to cash as part of normal business operation.
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Comstock Total Assets
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Based on the latest financial disclosure, Comstock Resources has a Total Asset of 6.47 B. This is 81.78% lower than that of the Oil, Gas & Consumable Fuels sector and 70.41% lower than that of the Energy industry. The total asset for all United States stocks is 78.04% higher than that of the company.
Comstock Total Asset Peer Comparison
Stock peer comparison is one of the most widely used and accepted methods of equity analyses. It analyses Comstock Resources' direct or indirect competition against its Total Asset to detect undervalued stocks with similar characteristics or determine the stocks which would be a good addition to a portfolio. Peer analysis of Comstock Resources could also be used in its relative valuation, which is a method of valuing Comstock Resources by comparing valuation metrics of similar companies.Comstock Resources is currently under evaluation in total asset category among its peers.
Comstock Resources ESG Sustainability
Some studies have found that companies with high sustainability scores are getting higher valuations than competitors with lower social-engagement activities. While most ESG disclosures are voluntary and do not directly affect the long term financial condition, Comstock Resources' sustainability indicators can be used to identify proper investment strategies using environmental, social, and governance scores that are crucial to Comstock Resources' managers, analysts, and investors.Environmental | Governance | Social |
Comstock Resources Institutional Holders
Institutional Holdings refers to the ownership stake in Comstock Resources that is held by large financial organizations, pension funds or endowments. Institutions may purchase large blocks of Comstock Resources' outstanding shares and can exert considerable influence upon its management. Institutional holders may also work to push the share price higher once they own the stock. Extensive social media coverage, TV shows, articles in high-profile magazines, and presentations at investor conferences help move the stock higher, increasing Comstock Resources' value.Shares | Geode Capital Management, Llc | 2024-06-30 | 2.2 M | Charles Schwab Investment Management Inc | 2024-09-30 | 1.4 M | Amundi | 2024-06-30 | 1.3 M | Northern Trust Corp | 2024-09-30 | 998.5 K | First Trust Advisors L.p. | 2024-06-30 | 879.2 K | Millennium Management Llc | 2024-06-30 | 875.4 K | Marshall Wace Asset Management Ltd | 2024-06-30 | 873.9 K | Stifel Financial Corp | 2024-06-30 | 826.9 K | Citadel Advisors Llc | 2024-06-30 | 748.8 K | Blackrock Inc | 2024-06-30 | 15.1 M | Dimensional Fund Advisors, Inc. | 2024-09-30 | 13.1 M |
Comstock Fundamentals
Return On Equity | -0.0237 | ||||
Return On Asset | -0.0118 | ||||
Profit Margin | (0.05) % | ||||
Operating Margin | (0.20) % | ||||
Current Valuation | 7.41 B | ||||
Shares Outstanding | 292.26 M | ||||
Shares Owned By Insiders | 74.47 % | ||||
Shares Owned By Institutions | 32.58 % | ||||
Number Of Shares Shorted | 25.47 M | ||||
Price To Earning | 17.08 X | ||||
Price To Book | 1.91 X | ||||
Price To Sales | 3.43 X | ||||
Revenue | 1.57 B | ||||
Gross Profit | 2.82 B | ||||
EBITDA | 1.02 B | ||||
Net Income | 211.57 M | ||||
Cash And Equivalents | 54.65 M | ||||
Cash Per Share | 0.14 X | ||||
Total Debt | 2.71 B | ||||
Debt To Equity | 1.81 % | ||||
Current Ratio | 0.55 X | ||||
Book Value Per Share | 7.85 X | ||||
Cash Flow From Operations | 1.02 B | ||||
Short Ratio | 12.90 X | ||||
Earnings Per Share | (0.18) X | ||||
Price To Earnings To Growth | (0.04) X | ||||
Target Price | 10.38 | ||||
Number Of Employees | 251 | ||||
Beta | 0.48 | ||||
Market Capitalization | 4.45 B | ||||
Total Asset | 6.47 B | ||||
Retained Earnings | 958.27 M | ||||
Working Capital | (220 M) | ||||
Current Asset | 156.24 M | ||||
Current Liabilities | 95.72 M | ||||
Annual Yield | 0.07 % | ||||
Net Asset | 6.47 B | ||||
Last Dividend Paid | 0.13 |
About Comstock Resources Fundamental Analysis
The Macroaxis Fundamental Analysis modules help investors analyze Comstock Resources's financials across various querterly and yearly statements, indicators and fundamental ratios. We help investors to determine the real value of Comstock Resources using virtually all public information available. We use both quantitative as well as qualitative analysis to arrive at the intrinsic value of Comstock Resources based on its fundamental data. In general, a quantitative approach, as applied to this company, focuses on analyzing financial statements comparatively, whereas a qaualitative method uses data that is important to a company's growth but cannot be measured and presented in a numerical way.
Please read more on our fundamental analysis page.
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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.