Calfrac Free Cash Flow Yield vs Dividend Yield Analysis

CFW Stock

CAD 4.02 0.01 0.25%

Calfrac Well financial indicator trend analysis is way more than just evaluating Calfrac Well Services prevailing accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Calfrac Well Services is a good investment. Please check the relationship between Calfrac Well Free Cash Flow Yield and its Dividend Yield accounts. Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in Calfrac Well 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 board of governors.

Free Cash Flow Yield vs Dividend Yield

Free Cash Flow Yield vs Dividend Yield Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Calfrac Well Services Free Cash Flow Yield account and Dividend Yield. At this time, the significance of the direction appears to have no relationship.

The correlation between Calfrac Well's Free Cash Flow Yield and Dividend Yield is 0.02. Overlapping area represents the amount of variation of Free Cash Flow Yield that can explain the historical movement of Dividend Yield in the same time period over historical financial statements of Calfrac Well Services, assuming nothing else is changed. The correlation between historical values of Calfrac Well's Free Cash Flow Yield and Dividend Yield is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Free Cash Flow Yield of Calfrac Well Services are associated (or correlated) with its Dividend Yield. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Dividend Yield has no effect on the direction of Free Cash Flow Yield i.e., Calfrac Well's Free Cash Flow Yield and Dividend Yield go up and down completely randomly.

Correlation Coefficient

0.02

Relationship Direction	Positive
Relationship Strength	Insignificant

View All Relationships

Free Cash Flow Yield

A financial solvency ratio that compares the free cash flow per share a company is expected to earn against its market value per share, calculated as free cash flow per share divided by market price per share.

Dividend Yield

Dividend Yield is Calfrac Well Services dividend as a percentage of Calfrac Well stock price. Calfrac Well Services dividend yield is a measure of Calfrac Well stock productivity, which can be interpreted as interest rate earned on an Calfrac Well investment. A financial ratio that shows how much a company pays out in dividends each year relative to its stock price, calculated as annual dividends per share divided by price per share.

Most indicators from Calfrac Well's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Calfrac Well 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 Trending Equities to better understand how to build diversified portfolios, which includes a position in Calfrac Well 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 board of governors.

At this time, Calfrac Well's Issuance Of Capital Stock is very stable compared to the past year. As of the 23rd of November 2024, Enterprise Value is likely to grow to about 955.5 M, while Selling General Administrative is likely to drop about 49.8 M.

	2021	2022	2023	2024 (projected)
Total Operating Expenses	45.6M	62.2M	64.4M	62.4M
Cost Of Revenue	1.0B	1.3B	1.6B	829.7M

Total Operating Expenses Cost Of Revenue

Calfrac Well fundamental ratios Correlations

	Total Assets	Short Long Term Debt Total	Other Current Liab	Total Current Liabilities	Total Stockholder Equity	Property Plant And Equipment Net	Net Debt	Retained Earnings	Accounts Payable	Cash	Non Current Assets Total	Cash And Short Term Investments	Net Receivables	Common Stock Shares Outstanding	Non Current Liabilities Total	Inventory	Other Current Assets	Other Stockholder Equity	Total Liab	Property Plant And Equipment Gross	Total Current Assets	Current Deferred Revenue	Short Term Investments	Short Term Debt	Non Currrent Assets Other	Intangible Assets
Total Assets		0.82	0.4	0.8	0.81	0.98	0.79	0.6	0.84	0.48	0.98	0.48	0.83	-0.4	0.89	0.89	-0.32	-0.42	0.94	-0.12	0.9	-0.56	-0.68	0.18	-0.07	0.25
Short Long Term Debt Total	0.82		0.39	0.46	0.36	0.85	0.99	0.32	0.5	0.41	0.89	0.41	0.45	-0.46	0.98	0.68	-0.36	-0.36	0.95	-0.22	0.55	-0.3	-0.51	0.0	0.01	0.3
Other Current Liab	0.4	0.39		0.08	0.37	0.48	0.39	0.37	0.12	0.12	0.47	0.12	0.22	-0.47	0.4	0.22	-0.45	-0.22	0.36	-0.29	0.21	-0.77	-0.37	0.13	-0.29	0.36
Total Current Liabilities	0.8	0.46	0.08		0.75	0.7	0.46	0.39	0.99	0.14	0.69	0.14	0.94	-0.05	0.55	0.9	0.02	-0.16	0.69	0.15	0.93	-0.5	-0.56	0.37	0.17	0.11
Total Stockholder Equity	0.81	0.36	0.37	0.75		0.77	0.32	0.64	0.77	0.41	0.73	0.41	0.84	-0.18	0.47	0.74	-0.17	-0.29	0.57	0.03	0.87	-0.65	-0.68	0.21	-0.2	0.09
Property Plant And Equipment Net	0.98	0.85	0.48	0.7	0.77		0.83	0.58	0.73	0.49	1.0	0.49	0.73	-0.45	0.91	0.83	-0.37	-0.41	0.94	-0.17	0.81	-0.55	-0.66	0.19	-0.05	0.27
Net Debt	0.79	0.99	0.39	0.46	0.32	0.83		0.24	0.49	0.29	0.86	0.29	0.44	-0.42	0.97	0.69	-0.31	-0.28	0.93	-0.17	0.53	-0.29	-0.53	0.01	0.03	0.29
Retained Earnings	0.6	0.32	0.37	0.39	0.64	0.58	0.24		0.46	0.67	0.57	0.67	0.56	-0.65	0.45	0.29	-0.69	-0.88	0.48	-0.56	0.58	-0.39	0.0	0.12	-0.33	0.33
Accounts Payable	0.84	0.5	0.12	0.99	0.77	0.73	0.49	0.46		0.21	0.72	0.21	0.97	-0.15	0.59	0.9	-0.09	-0.23	0.73	0.07	0.96	-0.5	-0.56	0.27	0.11	0.16
Cash	0.48	0.41	0.12	0.14	0.41	0.49	0.29	0.67	0.21		0.48	1.0	0.23	-0.45	0.47	0.12	-0.47	-0.69	0.44	-0.41	0.4	-0.17	-0.05	-0.03	-0.17	0.11
Non Current Assets Total	0.98	0.89	0.47	0.69	0.73	1.0	0.86	0.57	0.72	0.48		0.48	0.72	-0.45	0.94	0.83	-0.37	-0.43	0.96	-0.18	0.8	-0.53	-0.66	0.16	-0.06	0.26
Cash And Short Term Investments	0.48	0.41	0.12	0.14	0.41	0.49	0.29	0.67	0.21	1.0	0.48		0.23	-0.44	0.47	0.12	-0.46	-0.69	0.44	-0.41	0.4	-0.17	-0.04	-0.03	-0.17	0.11
Net Receivables	0.83	0.45	0.22	0.94	0.84	0.73	0.44	0.56	0.97	0.23	0.72	0.23		-0.21	0.55	0.86	-0.17	-0.29	0.69	0.01	0.97	-0.55	-0.57	0.21	-0.08	0.18
Common Stock Shares Outstanding	-0.4	-0.46	-0.47	-0.05	-0.18	-0.45	-0.42	-0.65	-0.15	-0.45	-0.45	-0.44	-0.21		-0.52	-0.14	0.99	0.6	-0.46	0.92	-0.22	0.12	-0.04	0.06	0.25	-0.74
Non Current Liabilities Total	0.89	0.98	0.4	0.55	0.47	0.91	0.97	0.45	0.59	0.47	0.94	0.47	0.55	-0.52		0.73	-0.42	-0.45	0.98	-0.27	0.65	-0.36	-0.51	0.06	-0.02	0.32
Inventory	0.89	0.68	0.22	0.9	0.74	0.83	0.69	0.29	0.9	0.12	0.83	0.12	0.86	-0.14	0.73		-0.05	-0.07	0.83	0.14	0.89	-0.48	-0.78	0.21	0.04	0.2
Other Current Assets	-0.32	-0.36	-0.45	0.02	-0.17	-0.37	-0.31	-0.69	-0.09	-0.47	-0.37	-0.46	-0.17	0.99	-0.42	-0.05		0.63	-0.36	0.93	-0.18	0.1	-0.1	0.12	0.34	-0.71
Other Stockholder Equity	-0.42	-0.36	-0.22	-0.16	-0.29	-0.41	-0.28	-0.88	-0.23	-0.69	-0.43	-0.69	-0.29	0.6	-0.45	-0.07	0.63		-0.42	0.59	-0.34	0.15	-0.3	0.0	0.26	-0.18
Total Liab	0.94	0.95	0.36	0.69	0.57	0.94	0.93	0.48	0.73	0.44	0.96	0.44	0.69	-0.46	0.98	0.83	-0.36	-0.42		-0.2	0.77	-0.42	-0.56	0.13	0.02	0.3
Property Plant And Equipment Gross	-0.12	-0.22	-0.29	0.15	0.03	-0.17	-0.17	-0.56	0.07	-0.41	-0.18	-0.41	0.01	0.92	-0.27	0.14	0.93	0.59	-0.2		0.0	-0.07	-0.3	0.13	0.27	-0.69
Total Current Assets	0.9	0.55	0.21	0.93	0.87	0.81	0.53	0.58	0.96	0.4	0.8	0.4	0.97	-0.22	0.65	0.89	-0.18	-0.34	0.77	0.0		-0.55	-0.63	0.21	-0.07	0.19
Current Deferred Revenue	-0.56	-0.3	-0.77	-0.5	-0.65	-0.55	-0.29	-0.39	-0.5	-0.17	-0.53	-0.17	-0.55	0.12	-0.36	-0.48	0.1	0.15	-0.42	-0.07	-0.55		0.51	-0.39	0.18	-0.09
Short Term Investments	-0.68	-0.51	-0.37	-0.56	-0.68	-0.66	-0.53	0.0	-0.56	-0.05	-0.66	-0.04	-0.57	-0.04	-0.51	-0.78	-0.1	-0.3	-0.56	-0.3	-0.63	0.51		-0.05	0.14	-0.11
Short Term Debt	0.18	0.0	0.13	0.37	0.21	0.19	0.01	0.12	0.27	-0.03	0.16	-0.03	0.21	0.06	0.06	0.21	0.12	0.0	0.13	0.13	0.21	-0.39	-0.05		0.18	0.04
Non Currrent Assets Other	-0.07	0.01	-0.29	0.17	-0.2	-0.05	0.03	-0.33	0.11	-0.17	-0.06	-0.17	-0.08	0.25	-0.02	0.04	0.34	0.26	0.02	0.27	-0.07	0.18	0.14	0.18		-0.16
Intangible Assets	0.25	0.3	0.36	0.11	0.09	0.27	0.29	0.33	0.16	0.11	0.26	0.11	0.18	-0.74	0.32	0.2	-0.71	-0.18	0.3	-0.69	0.19	-0.09	-0.11	0.04	-0.16

Click cells to compare fundamentals

Calfrac Well Account Relationship Matchups

Calfrac Well fundamental ratios Accounts

	2019	2020	2021	2022	2023	2024 (projected)
Total Assets	1.5B	912.5M	893.0M	995.8M	1.1B	986.1M
Short Long Term Debt Total	1.0B	346.6M	410.4M	354.9M	275.2M	400.0M
Other Current Liab	143.2M	101.8M	127.4M	19.8M	20.9M	19.8M
Total Current Liabilities	157.2M	109.7M	136.8M	203.7M	208.4M	133.3M
Total Stockholder Equity	368.6M	410.2M	328.8M	423.0M	615.9M	409.4M
Property Plant And Equipment Net	999.7M	641.3M	585.4M	566.4M	639.2M	634.3M
Net Debt	965.1M	316.8M	431.0M	346.4M	241.1M	351.3M
Retained Earnings	(185.2M)	(509.4M)	(592.2M)	(580.5M)	(389.9M)	(370.4M)
Accounts Payable	143.2M	101.8M	127.4M	171.6M	176.8M	121.6M
Cash	42.6M	29.8M	(20.6M)	8.5M	34.1M	48.8M
Non Current Assets Total	1.1B	641.3M	585.4M	581.4M	668.2M	667.4M
Cash And Short Term Investments	42.6M	29.8M	(20.6M)	8.5M	34.1M	49.4M
Net Receivables	218.3M	141.0M	192.7M	238.8M	244.0M	181.5M
Common Stock Shares Outstanding	2.9M	4.2M	37.5M	84.6M	88.3M	92.7M
Liabilities And Stockholders Equity	1.5B	912.5M	893.0M	995.8M	1.1B	986.1M
Non Current Liabilities Total	1.0B	392.5M	427.3M	369.1M	301.9M	444.6M
Inventory	127.6M	83.3M	101.8M	108.9M	123.0M	72.8M
Other Current Assets	17.5M	17.1M	33.6M	58.2M	56.9M	59.7M
Other Stockholder Equity	41.8M	109.2M	110.8M	106.9M	78.7M	59.1M
Total Liab	1.2B	502.2M	564.1M	572.8M	510.3M	577.8M
Property Plant And Equipment Gross	999.7M	641.3M	2.6B	2.7B	3.1B	3.2B
Total Current Assets	405.9M	271.2M	307.5M	414.4M	458.0M	318.8M
Accumulated Other Comprehensive Income	2.7M	10.3M	9.1M	31.5M	16.2M	17.0M
Current Deferred Revenue	(186K)	(143.2M)	(101.8M)	(127.4M)	(114.7M)	(120.4M)
Short Term Debt	13.9M	8.0M	9.4M	12.3M	10.7M	7.7M
Non Currrent Assets Other	96.4M	(999.7M)	(2.5M)	(1.0)	(0.9)	(0.94)
Common Stock Total Equity	501.5M	508.3M	509.2M	800.2M	920.2M	966.2M
Common Stock	509.2M	800.2M	801.2M	865.1M	910.9M	555.1M
Other Liab	6.5M	53.8M	26.3M	26.5M	23.8M	22.6M
Net Tangible Assets	368.6M	410.2M	328.8M	423.0M	380.7M	427.7M
Other Assets	96.4M	120.3M	0.0	15M	1.0	0.95
Long Term Debt	976.7M	324.6M	388.5M	329.2M	296.3M	581.5M
Property Plant Equipment	999.7M	641.3M	585.4M	566.4M	509.7M	802.2M
Long Term Debt Total	993.7M	338.6M	401.0M	342.6M	308.4M	593.7M
Capital Surpluse	44.3M	66.0M	68.3M	70.1M	80.7M	53.4M
Capital Lease Obligations	30.9M	22.0M	20.6M	23.2M	26.7M	15.5M
Cash And Equivalents	42.6M	29.8M	0.0	8.5M	7.6M	7.3M

Pair Trading with Calfrac Well

One of the main advantages of trading using pair correlations is that every trade hedges away some risk. Because there are two separate transactions required, even if Calfrac Well position performs unexpectedly, the other equity can make up some of the losses. Pair trading also minimizes risk from directional movements in the market. For example, if an entire industry or sector drops because of unexpected headlines, the short position in Calfrac Well will appreciate offsetting losses from the drop in the long position's value.

Moving against Calfrac Stock

0.6	ENB-PFV	Enbridge Pref 5	Pair Corr
0.6	ENB-PFU	Enbridge Pref L	Pair Corr
0.53	ENS	E Split Corp	Pair Corr
0.37	FFH	Fairfax Financial	Pair Corr
0.35	ENS-PA	E Split Corp	Pair Corr

The ability to find closely correlated positions to Calfrac Well could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Calfrac Well when you sell it. If you don't do this, your portfolio allocation will be skewed against your target asset allocation. So, investors can't just sell and buy back Calfrac Well - that would be a violation of the tax code under the "wash sale" rule, and this is why you need to find a similar enough asset and use the proceeds from selling Calfrac Well Services to buy it.

The correlation of Calfrac Well is a statistical measure of how it moves in relation to other instruments. This measure is expressed in what is known as the correlation coefficient, which ranges between -1 and +1. A perfect positive correlation (i.e., a correlation coefficient of +1) implies that as Calfrac Well moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Calfrac Well Services moves in either direction, the perfectly negatively correlated security will move in the opposite direction. If the correlation is 0, the equities are not correlated; they are entirely random. A correlation greater than 0.8 is generally described as strong, whereas a correlation less than 0.5 is generally considered weak.

Correlation analysis and pair trading evaluation for Calfrac Well can also be used as hedging techniques within a particular sector or industry or even over random equities to generate a better risk-adjusted return on your portfolios.

Pair Correlation Correlation Matching

Other Information on Investing in Calfrac Stock

Balance Sheet is a snapshot of the financial position of Calfrac Well Services at a specified time, usually calculated after every quarter, six months, or one year. Calfrac Well Balance Sheet has two main parts: assets and liabilities. Liabilities are the debts or obligations of Calfrac Well 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 Calfrac currently owns. An asset can also be divided into two categories, current and non-current.

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Calfrac Free Cash Flow Yield vs Dividend Yield Analysis

Free Cash Flow Yield vs Dividend Yield

Free Cash Flow Yield vs Dividend Yield Correlation Analysis

Correlation Coefficient

Free Cash Flow Yield

Dividend Yield

Calfrac Well fundamental ratios Correlations

Calfrac Well Account Relationship Matchups

High Positive Relationship

High Negative Relationship

Calfrac Well fundamental ratios Accounts

Pair Trading with Calfrac Well

Moving against Calfrac Stock

Other Information on Investing in Calfrac Stock

COMMON DESTINATIONS

MAIN CATEGORIES

COMPANY

Non Current Assets Total	+ 1.0	Property Plant And Equipment Net
Cash And Short Term Investments	+ 1.0	Cash
Net Debt	+ 0.99	Short Long Term Debt Total
Accounts Payable	+ 0.99	Total Current Liabilities
Other Current Assets	+ 0.99	Common Stock Shares Outstanding
Property Plant And Equipment Net	+ 0.98	Total Assets

Other Stockholder Equity	- 0.88	Retained Earnings
Short Term Investments	- 0.78	Inventory
Current Deferred Revenue	- 0.77	Other Current Liab
Intangible Assets	- 0.74	Common Stock Shares Outstanding
Intangible Assets	- 0.71	Other Current Assets
Intangible Assets	- 0.69	Property Plant And Equipment Gross