Civitas Intangible Assets vs Short Long Term Debt Total Analysis
CIVI Stock | USD 52.80 0.52 0.99% |
Civitas Resources financial indicator trend analysis is way more than just evaluating Civitas Resources prevailing accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Civitas Resources is a good investment. Please check the relationship between Civitas Resources Intangible Assets and its Short Long Term Debt Total accounts. Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in Civitas Resources. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in real. For more detail on how to invest in Civitas Stock please use our How to Invest in Civitas Resources guide.
Intangible Assets vs Short Long Term Debt Total
Intangible Assets vs Short Long Term Debt Total Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Civitas Resources Intangible Assets account and Short Long Term Debt Total. At this time, the significance of the direction appears to have significant contrarian relationship.
The correlation between Civitas Resources' Intangible Assets and Short Long Term Debt Total is -0.38. Overlapping area represents the amount of variation of Intangible Assets that can explain the historical movement of Short Long Term Debt Total in the same time period over historical financial statements of Civitas Resources, assuming nothing else is changed. The correlation between historical values of Civitas Resources' Intangible Assets and Short Long Term Debt Total is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Intangible Assets of Civitas Resources are associated (or correlated) with its Short Long Term Debt Total. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Short Long Term Debt Total has no effect on the direction of Intangible Assets i.e., Civitas Resources' Intangible Assets and Short Long Term Debt Total go up and down completely randomly.
Correlation Coefficient | -0.38 |
Relationship Direction | Negative |
Relationship Strength | Insignificant |
Intangible Assets
Non-physical assets possessed by a company, such as patents, trademarks, and copyrights, which provide long-term value.Short Long Term Debt Total
Most indicators from Civitas Resources' fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Civitas Resources 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 Civitas Resources. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in real. For more detail on how to invest in Civitas Stock please use our How to Invest in Civitas Resources guide.As of now, Civitas Resources' Selling General Administrative is increasing as compared to previous years. The Civitas Resources' current Enterprise Value Over EBITDA is estimated to increase to 4.25, while Tax Provision is projected to decrease to under 119.3 M.
2021 | 2022 | 2023 | 2024 (projected) | Interest Expense | 9.7M | 32.2M | 182.7M | 191.9M | Depreciation And Amortization | 284.2M | 834.4M | 1.2B | 1.2B |
Civitas Resources fundamental ratios Correlations
Click cells to compare fundamentals
Civitas Resources Account Relationship Matchups
High Positive Relationship
High Negative Relationship
Civitas Resources fundamental ratios Accounts
2019 | 2020 | 2021 | 2022 | 2023 | 2024 (projected) | ||
Total Assets | 1.2B | 1.2B | 6.7B | 8.0B | 14.1B | 13.4B | |
Other Current Liab | 6.4M | 4.5M | 451.5M | 321.9M | 478.7M | 454.8M | |
Total Current Liabilities | 104.7M | 74.5M | 1.1B | 1.2B | 1.9B | 1.8B | |
Total Stockholder Equity | 936.7M | 1.0B | 4.7B | 5.4B | 6.2B | 5.9B | |
Property Plant And Equipment Net | 1.1B | 1.0B | 6.0B | 6.6B | 11.9B | 11.3B | |
Net Debt | 110.4M | 5.3M | 277.5M | (350.0M) | 3.8B | 3.6B | |
Retained Earnings | 230.2M | 333.8M | 451.0M | 1.2B | 1.2B | 1.2B | |
Cash | 11.0M | 24.7M | 254.5M | 768.0M | 1.1B | 1.1B | |
Non Current Assets Total | 1.1B | 1.1B | 6.0B | 6.6B | 12.0B | 11.4B | |
Non Currrent Assets Other | 1.8M | 2.9M | 14.1M | (311.9M) | 38.1M | 36.2M | |
Cash And Short Term Investments | 11.0M | 24.7M | 254.5M | 768.0M | 1.1B | 1.1B | |
Common Stock Shares Outstanding | 20.7M | 20.9M | 37.7M | 85.6M | 87.0M | 47.5M | |
Liabilities And Stockholders Equity | 1.2B | 1.2B | 6.7B | 8.0B | 14.1B | 13.4B | |
Non Current Liabilities Total | 164.9M | 63.1M | 966.5M | 1.4B | 6.1B | 5.8B | |
Inventory | 7.7M | 9.2M | 12.4M | 32.1M | 207.9M | 197.5M | |
Other Current Assets | 9.9M | 11.1M | 24.4M | 81.1M | 266.4M | 253.1M | |
Other Stockholder Equity | 702.2M | 707.2M | 4.2B | 4.2B | 5.0B | 4.7B | |
Total Liab | 269.6M | 137.6M | 2.1B | 2.6B | 7.9B | 7.5B | |
Total Current Assets | 110.5M | 92.4M | 719.9M | 1.3B | 2.1B | 2.0B | |
Common Stock | 4.3M | 4.3M | 4.9M | 4.9M | 5.0M | 9.4M | |
Short Long Term Debt Total | 121.4M | 30.0M | 532.0M | 418.1M | 5.0B | 4.7B | |
Accounts Payable | 46.1M | 20.5M | 485.9M | 570.1M | 821.9M | 863.0M | |
Net Receivables | 81.9M | 47.4M | 428.7M | 479.3M | 753.2M | 790.8M | |
Short Term Debt | 13.9M | 24.1M | 37.7M | 26.9M | 125.7M | 109.4M | |
Other Liab | 57.3M | 45.1M | 453.4M | 1.0B | 1.2B | 1.2B | |
Net Tangible Assets | 936.7M | 1.0B | 4.7B | 5.4B | 6.2B | 6.5B | |
Current Deferred Revenue | 65.7M | 38.3M | 168.4M | 319.6M | 4.5M | 4.3M | |
Other Assets | 2.0M | 61.8M | 32.9M | 7.7M | 8.9M | 8.5M | |
Capital Lease Obligations | 41.4M | 30.0M | 40.3M | 102.3M | 176.0M | 184.8M | |
Net Invested Capital | 1.0B | 1.0B | 5.1B | 5.8B | 11.0B | 11.5B | |
Net Working Capital | 5.8M | 17.9M | (399.6M) | 150.5M | 292.5M | 307.2M | |
Property Plant Equipment | 1.1B | 1.0B | 5.9B | 6.6B | 7.6B | 8.0B | |
Deferred Long Term Liab | 1.4M | 725K | 20.0M | 336.8M | 387.3M | 406.7M | |
Capital Stock | 4.3M | 4.3M | 4.9M | 4.9M | 5.0M | 5.1M |
Currently Active Assets on Macroaxis
When determining whether Civitas Resources offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of Civitas Resources' financial statements, including income statements, balance sheets, and cash flow statements, to assess its financial health. Key financial ratios are used to gauge profitability, efficiency, and growth potential of Civitas Resources Stock. Outlined below are crucial reports that will aid in making a well-informed decision on Civitas Resources Stock:Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in Civitas Resources. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in real. For more detail on how to invest in Civitas Stock please use our How to Invest in Civitas Resources guide.You can also try the Equity Valuation module to check real value of public entities based on technical and fundamental data.
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 Civitas Resources. If investors know Civitas 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 Civitas 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 0.929 | Dividend Share 6.06 | Earnings Share 10.2 | Revenue Per Share 51.373 | Quarterly Revenue Growth 0.228 |
The market value of Civitas Resources is measured differently than its book value, which is the value of Civitas that is recorded on the company's balance sheet. Investors also form their own opinion of Civitas Resources' value that differs from its market value or its book value, called intrinsic value, which is Civitas 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 Civitas Resources' market value can be influenced by many factors that don't directly affect Civitas 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 Civitas Resources' value and its price as these two are different measures arrived at by different means. Investors typically determine if Civitas Resources is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Civitas 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.