ChampionX Historical Balance Sheet

CHX Stock  USD 31.24  0.04  0.13%   
Trend analysis of ChampionX balance sheet accounts such as Short Long Term Debt Total of 512.6 M, Other Current Liabilities of 177 M or Total Current Liabilities of 471.8 M provides information on ChampionX's total assets, liabilities, and equity, which is the actual value of ChampionX to its prevalent stockholders. By breaking down trends over time using ChampionX 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.
 
Covid
Financial Statement Analysis is much more than just reviewing and examining ChampionX 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 ChampionX is a good buy for the upcoming year.

ChampionX Inventory

375.17 Million

  
Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in ChampionX. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in rate.
For more information on how to buy ChampionX Stock please use our How to Invest in ChampionX guide.

About ChampionX Balance Sheet Analysis

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

ChampionX Balance Sheet Chart

At this time, ChampionX's Cash is fairly stable compared to the past year. Non Current Assets Total is likely to rise to about 1.9 B in 2024, whereas Total Assets are likely to drop slightly above 2.8 B in 2024.

Total Assets

Total assets refers to the total amount of ChampionX 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 ChampionX 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 ChampionX balance sheet that include short term debt, accounts payable, accrued salaries payable, payroll taxes payable, accrued liabilities and other debts. Total Current Liabilities of ChampionX 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.

Net Debt

The total debt of a company minus its cash and cash equivalents. It represents the actual debt burden on the company after accounting for the liquid assets it holds.
Most accounts from ChampionX's balance sheet are interrelated and interconnected. However, analyzing balance sheet accounts one by one will only give a small insight into ChampionX 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 ChampionX. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in rate.
For more information on how to buy ChampionX Stock please use our How to Invest in ChampionX guide.At this time, ChampionX's Cash is fairly stable compared to the past year. Non Current Assets Total is likely to rise to about 1.9 B in 2024, whereas Total Assets are likely to drop slightly above 2.8 B in 2024.
 2021 2022 2023 2024 (projected)
Short and Long Term Debt Total724.5M628.0M665.8M512.6M
Total Assets3.5B3.4B3.2B2.8B

ChampionX balance sheet Correlations

0.790.970.970.390.990.650.950.920.940.770.890.920.99-0.950.960.790.840.980.940.780.940.830.98-0.160.97
0.790.80.8-0.240.810.970.780.770.680.870.690.770.85-0.750.721.00.990.750.850.770.950.660.81-0.460.81
0.970.80.990.30.970.650.970.920.840.750.820.920.98-0.930.970.80.820.980.920.80.940.870.99-0.320.96
0.970.80.990.310.970.640.990.930.830.770.880.930.99-0.920.990.80.820.990.90.820.940.851.0-0.330.95
0.39-0.240.30.310.35-0.420.30.320.5-0.070.360.320.27-0.390.4-0.24-0.150.390.230.10.060.330.320.490.33
0.990.810.970.970.350.670.940.920.910.770.850.920.98-0.940.940.820.850.960.950.790.940.840.98-0.21.0
0.650.970.650.64-0.420.670.620.620.560.810.550.620.72-0.610.550.970.960.590.750.660.860.510.66-0.450.67
0.950.780.970.990.30.940.620.930.790.760.90.930.97-0.910.990.790.790.990.850.810.920.840.99-0.380.93
0.920.770.920.930.320.920.620.930.820.750.81.00.92-0.990.930.770.780.930.840.810.890.950.93-0.430.89
0.940.680.840.830.50.910.560.790.820.670.810.820.88-0.890.820.670.760.850.910.650.830.710.860.130.89
0.770.870.750.77-0.070.770.810.760.750.670.740.750.81-0.730.720.860.860.720.810.950.860.60.78-0.420.76
0.890.690.820.880.360.850.550.90.80.810.740.80.87-0.780.90.680.720.90.730.710.830.610.88-0.130.81
0.920.770.920.930.320.920.620.931.00.820.750.80.92-0.990.930.770.780.930.840.810.890.950.93-0.430.89
0.990.850.980.990.270.980.720.970.920.880.810.870.92-0.930.960.850.880.980.940.830.970.840.99-0.290.97
-0.95-0.75-0.93-0.92-0.39-0.94-0.61-0.91-0.99-0.89-0.73-0.78-0.99-0.93-0.92-0.75-0.78-0.93-0.89-0.78-0.89-0.95-0.940.29-0.92
0.960.720.970.990.40.940.550.990.930.820.720.90.930.96-0.920.730.741.00.840.780.890.850.98-0.30.93
0.791.00.80.8-0.240.820.970.790.770.670.860.680.770.85-0.750.730.980.760.850.760.950.660.82-0.480.82
0.840.990.820.82-0.150.850.960.790.780.760.860.720.780.88-0.780.740.980.780.890.750.960.660.84-0.340.84
0.980.750.980.990.390.960.590.990.930.850.720.90.930.98-0.931.00.760.780.880.770.920.850.99-0.270.95
0.940.850.920.90.230.950.750.850.840.910.810.730.840.94-0.890.840.850.890.880.80.940.770.92-0.150.96
0.780.770.80.820.10.790.660.810.810.650.950.710.810.83-0.780.780.760.750.770.80.810.70.82-0.470.79
0.940.950.940.940.060.940.860.920.890.830.860.830.890.97-0.890.890.950.960.920.940.810.780.95-0.350.94
0.830.660.870.850.330.840.510.840.950.710.60.610.950.84-0.950.850.660.660.850.770.70.780.85-0.470.83
0.980.810.991.00.320.980.660.990.930.860.780.880.930.99-0.940.980.820.840.990.920.820.950.85-0.30.97
-0.16-0.46-0.32-0.330.49-0.2-0.45-0.38-0.430.13-0.42-0.13-0.43-0.290.29-0.3-0.48-0.34-0.27-0.15-0.47-0.35-0.47-0.3-0.2
0.970.810.960.950.331.00.670.930.890.890.760.810.890.97-0.920.930.820.840.950.960.790.940.830.97-0.2
Click cells to compare fundamentals

ChampionX Account Relationship Matchups

ChampionX balance sheet Accounts

201920202021202220232024 (projected)
Total Assets1.9B3.5B3.5B3.4B3.2B2.8B
Short Long Term Debt Total564.7M932.6M724.5M628.0M665.8M512.6M
Other Current Liab79.4M258.5M261.5M348.3M289.9M177.0M
Total Current Liabilities199.7M622.6M802.3M859.0M782.7M471.8M
Total Stockholder Equity1.0B1.6B1.8B1.7B1.7B1.7B
Property Plant And Equipment Net248.2M854.5M776.8M734.8M843.1M531.5M
Net Debt524.5M731.2M472.8M377.8M377.2M373.8M
Accounts Payable120.3M299.7M473.6M469.6M451.7M267.4M
Cash35.3M201.4M251.7M250.2M288.6M303.0M
Non Current Assets Total1.4B2.2B2.1B1.9B1.8B1.9B
Non Currrent Assets Other31.4M195.8M192.7M71.7M60.6M46.8M
Other Assets7.1M73.3M192.7M76.7M88.2M50.8M
Cash And Short Term Investments35.3M201.4M251.7M250.2M288.6M303.0M
Net Receivables219.9M559.5M584.4M601.1M534.5M398.6M
Good Will911.1M680.6M702.9M679.5M669.1M645.6M
Common Stock Shares Outstanding77.6M148.4M208.3M207.3M199.9M141.3M
Long Term Debt Total559.8M905.8M697.7M621.7M715.0M475.6M
Liabilities And Stockholders Equity1.9B3.5B3.5B3.4B3.2B2.8B
Non Current Liabilities Total686.9M1.2B978.1M851.3M797.9M716.1M
Inventory211.3M430.1M542.9M542.5M521.5M375.2M
Other Current Assets26.9M145.0M81.9M104.8M80.8M59.7M
Other Stockholder Equity969.2M2.3B2.3B2.2B2.2B1.7B
Total Liab886.6M1.9B1.8B1.7B1.6B1.2B
Property Plant And Equipment Gross248.2M977.0M776.8M1.5B1.6B1.7B
Total Current Assets493.4M1.3B1.5B1.5B1.4B962.9M
Accumulated Other Comprehensive Income(44.0M)(30.8M)(21.6M)(29.5M)(36.5M)(34.7M)
Intangible Assets238.7M479.0M401.5M305.0M243.6M276.9M
Property Plant Equipment272.5M977.0M776.8M827.7M951.9M515.2M
Other Liab107.7M247.1M280.4M157.9M181.6M189.9M
Net Tangible Assets(116.9M)466.4M666.3M710.1M816.6M857.4M
Capital Lease Obligations9.4M116.8M109.9M88.5M65.3M55.7M
Non Current Liabilities Other43.0M334.9M142.4M135.4M90.2M105.5M
Common Stock775K2.0M2.0M2.0M1.9M1.8M
Long Term Debt555.3M905.8M697.7M621.7M594.3M635.4M
Net Invested Capital1.6B2.6B2.5B2.3B2.3B2.3B
Net Working Capital293.8M643.3M658.6M639.6M642.7M549.5M
Retained Earnings107.0M(638.5M)(525.2M)(527.6M)(455.7M)(478.5M)
Common Stock Total Equity775K2.0M2.0M2.0M2.3M1.7M

Also Currently Popular

Analyzing currently trending equities could be an opportunity to develop a better portfolio based on different market momentums that they can trigger. Utilizing the top trending stocks is also useful when creating a market-neutral strategy or pair trading technique involving a short or a long position in a currently trending equity.

Additional Tools for ChampionX Stock Analysis

When running ChampionX's price analysis, check to measure ChampionX's market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy ChampionX is operating at the current time. Most of ChampionX's value examination focuses on studying past and present price action to predict the probability of ChampionX's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move ChampionX's price. Additionally, you may evaluate how the addition of ChampionX to your portfolios can decrease your overall portfolio volatility.