Civitas Pocfratio vs Cash Per Share 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 Pocfratio and its Cash Per Share 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.

Pocfratio vs Cash Per Share

Pocfratio vs Cash Per Share Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Civitas Resources Pocfratio account and Cash Per Share. At this time, the significance of the direction appears to have weak contrarian relationship.
The correlation between Civitas Resources' Pocfratio and Cash Per Share is -0.16. Overlapping area represents the amount of variation of Pocfratio that can explain the historical movement of Cash Per Share 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' Pocfratio and Cash Per Share is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Pocfratio of Civitas Resources are associated (or correlated) with its Cash Per Share. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Cash Per Share has no effect on the direction of Pocfratio i.e., Civitas Resources' Pocfratio and Cash Per Share go up and down completely randomly.

Correlation Coefficient

-0.16
Relationship DirectionNegative 
Relationship StrengthInsignificant

Pocfratio

Cash Per Share

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 Expense9.7M32.2M182.7M191.9M
Depreciation And Amortization284.2M834.4M1.2B1.2B

Civitas Resources fundamental ratios Correlations

0.970.970.950.740.720.920.751.00.470.75-0.070.940.911.00.920.950.880.910.92-0.31-0.2-0.45-0.19-0.35-0.3
0.971.00.860.830.820.980.840.960.310.84-0.080.990.910.990.810.990.940.80.8-0.28-0.18-0.4-0.17-0.31-0.27
0.971.00.860.830.820.990.840.960.30.84-0.080.990.910.990.810.990.940.80.8-0.27-0.18-0.39-0.17-0.3-0.26
0.950.860.860.530.510.760.550.970.670.55-0.060.790.810.931.00.810.720.990.99-0.34-0.22-0.49-0.21-0.38-0.33
0.740.830.830.531.00.91.00.68-0.261.0-0.050.90.910.750.450.890.970.450.44-0.15-0.09-0.21-0.09-0.16-0.14
0.720.820.820.511.00.891.00.67-0.271.0-0.050.890.90.740.440.880.960.430.43-0.14-0.09-0.21-0.09-0.16-0.13
0.920.980.990.760.90.890.910.890.140.91-0.081.00.910.940.71.00.970.690.69-0.23-0.15-0.33-0.15-0.26-0.22
0.750.840.840.551.01.00.910.7-0.231.0-0.060.910.920.770.470.90.970.470.46-0.16-0.1-0.23-0.1-0.17-0.15
1.00.960.960.970.680.670.890.70.530.7-0.070.910.880.990.940.920.840.940.94-0.32-0.21-0.46-0.2-0.36-0.31
0.470.310.30.67-0.26-0.270.14-0.230.53-0.23-0.030.170.110.440.730.19-0.010.720.73-0.26-0.17-0.36-0.15-0.28-0.25
0.750.840.840.551.01.00.911.00.7-0.23-0.060.910.920.770.470.90.970.470.46-0.16-0.1-0.23-0.1-0.17-0.15
-0.07-0.08-0.08-0.06-0.05-0.05-0.08-0.06-0.07-0.03-0.06-0.08-0.05-0.08-0.06-0.08-0.06-0.05-0.060.660.670.370.160.480.73
0.940.990.990.790.90.891.00.910.910.170.91-0.080.930.950.731.00.970.720.72-0.25-0.16-0.35-0.15-0.27-0.24
0.910.910.910.810.910.90.910.920.880.110.92-0.050.930.90.760.930.970.760.76-0.25-0.16-0.36-0.16-0.27-0.24
1.00.990.990.930.750.740.940.770.990.440.77-0.080.950.90.90.960.890.890.89-0.31-0.2-0.44-0.19-0.34-0.3
0.920.810.811.00.450.440.70.470.940.730.47-0.060.730.760.90.750.650.991.0-0.35-0.23-0.49-0.21-0.38-0.33
0.950.990.990.810.890.881.00.90.920.190.9-0.081.00.930.960.750.970.740.74-0.25-0.16-0.36-0.16-0.28-0.24
0.880.940.940.720.970.960.970.970.84-0.010.97-0.060.970.970.890.650.970.640.64-0.22-0.14-0.31-0.14-0.24-0.21
0.910.80.80.990.450.430.690.470.940.720.47-0.050.720.760.890.990.740.640.99-0.26-0.14-0.42-0.26-0.3-0.24
0.920.80.80.990.440.430.690.460.940.730.46-0.060.720.760.891.00.740.640.99-0.35-0.23-0.49-0.21-0.38-0.33
-0.31-0.28-0.27-0.34-0.15-0.14-0.23-0.16-0.32-0.26-0.160.66-0.25-0.25-0.31-0.35-0.25-0.22-0.26-0.350.980.73-0.020.830.98
-0.2-0.18-0.18-0.22-0.09-0.09-0.15-0.1-0.21-0.17-0.10.67-0.16-0.16-0.2-0.23-0.16-0.14-0.14-0.230.980.68-0.10.820.96
-0.45-0.4-0.39-0.49-0.21-0.21-0.33-0.23-0.46-0.36-0.230.37-0.35-0.36-0.44-0.49-0.36-0.31-0.42-0.490.730.68-0.110.880.71
-0.19-0.17-0.17-0.21-0.09-0.09-0.15-0.1-0.2-0.15-0.10.16-0.15-0.16-0.19-0.21-0.16-0.14-0.26-0.21-0.02-0.1-0.11-0.09-0.02
-0.35-0.31-0.3-0.38-0.16-0.16-0.26-0.17-0.36-0.28-0.170.48-0.27-0.27-0.34-0.38-0.28-0.24-0.3-0.380.830.820.88-0.090.81
-0.3-0.27-0.26-0.33-0.14-0.13-0.22-0.15-0.31-0.25-0.150.73-0.24-0.24-0.3-0.33-0.24-0.21-0.24-0.330.980.960.71-0.020.81
Click cells to compare fundamentals

Civitas Resources Account Relationship Matchups

Civitas Resources fundamental ratios Accounts

201920202021202220232024 (projected)
Total Assets1.2B1.2B6.7B8.0B14.1B13.4B
Other Current Liab6.4M4.5M451.5M321.9M478.7M454.8M
Total Current Liabilities104.7M74.5M1.1B1.2B1.9B1.8B
Total Stockholder Equity936.7M1.0B4.7B5.4B6.2B5.9B
Property Plant And Equipment Net1.1B1.0B6.0B6.6B11.9B11.3B
Net Debt110.4M5.3M277.5M(350.0M)3.8B3.6B
Retained Earnings230.2M333.8M451.0M1.2B1.2B1.2B
Cash11.0M24.7M254.5M768.0M1.1B1.1B
Non Current Assets Total1.1B1.1B6.0B6.6B12.0B11.4B
Non Currrent Assets Other1.8M2.9M14.1M(311.9M)38.1M36.2M
Cash And Short Term Investments11.0M24.7M254.5M768.0M1.1B1.1B
Common Stock Shares Outstanding20.7M20.9M37.7M85.6M87.0M47.5M
Liabilities And Stockholders Equity1.2B1.2B6.7B8.0B14.1B13.4B
Non Current Liabilities Total164.9M63.1M966.5M1.4B6.1B5.8B
Inventory7.7M9.2M12.4M32.1M207.9M197.5M
Other Current Assets9.9M11.1M24.4M81.1M266.4M253.1M
Other Stockholder Equity702.2M707.2M4.2B4.2B5.0B4.7B
Total Liab269.6M137.6M2.1B2.6B7.9B7.5B
Total Current Assets110.5M92.4M719.9M1.3B2.1B2.0B
Common Stock4.3M4.3M4.9M4.9M5.0M9.4M
Short Long Term Debt Total121.4M30.0M532.0M418.1M5.0B4.7B
Accounts Payable46.1M20.5M485.9M570.1M821.9M863.0M
Net Receivables81.9M47.4M428.7M479.3M753.2M790.8M
Short Term Debt13.9M24.1M37.7M26.9M125.7M109.4M
Other Liab57.3M45.1M453.4M1.0B1.2B1.2B
Net Tangible Assets936.7M1.0B4.7B5.4B6.2B6.5B
Current Deferred Revenue65.7M38.3M168.4M319.6M4.5M4.3M
Other Assets2.0M61.8M32.9M7.7M8.9M8.5M
Capital Lease Obligations41.4M30.0M40.3M102.3M176.0M184.8M
Net Invested Capital1.0B1.0B5.1B5.8B11.0B11.5B
Net Working Capital5.8M17.9M(399.6M)150.5M292.5M307.2M
Property Plant Equipment1.1B1.0B5.9B6.6B7.6B8.0B
Deferred Long Term Liab1.4M725K20.0M336.8M387.3M406.7M
Capital Stock4.3M4.3M4.9M4.9M5.0M5.1M

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 Stocks Directory module to find actively traded stocks across global markets.
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.