Coterra Common Stock Shares Outstanding vs Accounts Payable Analysis

CTRA Stock  USD 27.44  0.61  2.27%   
Coterra Energy financial indicator trend analysis is way more than just evaluating Coterra Energy prevailing accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Coterra Energy is a good investment. Please check the relationship between Coterra Energy Common Stock Shares Outstanding and its Accounts Payable accounts. Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in Coterra Energy. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in metropolitan statistical area.
For information on how to trade Coterra Stock refer to our How to Trade Coterra Stock guide.

Common Stock Shares Outstanding vs Accounts Payable

Common Stock Shares Outstanding vs Accounts Payable Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Coterra Energy Common Stock Shares Outstanding account and Accounts Payable. At this time, the significance of the direction appears to have strong relationship.
The correlation between Coterra Energy's Common Stock Shares Outstanding and Accounts Payable is 0.76. Overlapping area represents the amount of variation of Common Stock Shares Outstanding that can explain the historical movement of Accounts Payable in the same time period over historical financial statements of Coterra Energy, assuming nothing else is changed. The correlation between historical values of Coterra Energy's Common Stock Shares Outstanding and Accounts Payable is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Common Stock Shares Outstanding of Coterra Energy are associated (or correlated) with its Accounts Payable. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Accounts Payable has no effect on the direction of Common Stock Shares Outstanding i.e., Coterra Energy's Common Stock Shares Outstanding and Accounts Payable go up and down completely randomly.

Correlation Coefficient

0.76
Relationship DirectionPositive 
Relationship StrengthSignificant

Common Stock Shares Outstanding

The total number of shares of a company's common stock that are currently owned by all its shareholders.

Accounts Payable

An accounting item on the balance sheet that represents Coterra Energy obligation to pay off a short-term debt to its creditors. The accounts payable entry is usually reported under current liabilities. If accounts payable of Coterra Energy are not paid within the agreed terms, the payables are considered to be in default, which may trigger a penalty or interest payment, or the revocation of additional credit from the supplier. Accounts payable may also be considered a source of cash, since they represent funds being borrowed from suppliers. Given these cash flow considerations, suppliers have a natural inclination to push for shorter payment terms, while creditors want to lengthen the payment terms. The amount a company owes to suppliers or vendors for products or services received but not yet paid for. It represents the company's short-term liabilities.
Most indicators from Coterra Energy's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Coterra Energy 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 Coterra Energy. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in metropolitan statistical area.
For information on how to trade Coterra Stock refer to our How to Trade Coterra Stock guide.At present, Coterra Energy's Selling General Administrative is projected to increase significantly based on the last few years of reporting. The current year's Sales General And Administrative To Revenue is expected to grow to 0.07, whereas Tax Provision is forecasted to decline to about 317.9 M.
 2021 2022 2023 2024 (projected)
Interest Expense62M70M73M82.8M
Depreciation And Amortization693M1.6B1.6B1.7B

Coterra Energy fundamental ratios Correlations

0.961.01.00.650.910.91.0-0.470.90.940.750.980.960.980.990.980.890.320.870.540.580.880.410.980.98
0.960.960.960.550.920.890.96-0.260.890.860.70.90.920.930.940.930.810.230.870.570.720.820.280.950.96
1.00.960.990.590.910.911.0-0.460.910.940.750.960.970.980.980.980.850.280.890.530.60.860.420.990.99
1.00.960.990.660.910.891.0-0.470.890.930.740.980.960.980.990.960.890.320.870.550.580.870.40.980.98
0.650.550.590.660.560.460.66-0.380.460.590.50.780.540.570.740.560.890.490.40.390.160.750.170.540.53
0.910.920.910.910.560.760.91-0.260.760.840.750.850.940.820.880.860.74-0.020.940.640.710.790.410.920.91
0.90.890.910.890.460.760.9-0.351.00.830.630.850.80.930.880.940.810.370.720.280.650.850.220.90.89
1.00.961.01.00.660.910.9-0.460.90.940.750.980.960.980.990.970.890.320.870.540.580.870.40.980.98
-0.47-0.26-0.46-0.47-0.38-0.26-0.35-0.46-0.35-0.62-0.42-0.54-0.42-0.52-0.49-0.51-0.44-0.51-0.23-0.190.32-0.48-0.6-0.45-0.39
0.90.890.910.890.460.761.00.9-0.350.830.630.850.80.930.880.940.810.370.720.280.650.850.220.90.89
0.940.860.940.930.590.840.830.94-0.620.830.80.920.90.940.920.960.810.320.820.520.410.880.580.930.91
0.750.70.750.740.50.750.630.75-0.420.630.80.730.770.710.740.770.640.050.760.560.40.70.670.70.7
0.980.90.960.980.780.850.850.98-0.540.850.920.730.910.951.00.940.950.430.780.530.470.90.390.930.93
0.960.920.970.960.540.940.80.96-0.420.80.90.770.910.920.930.910.760.090.950.620.60.760.520.960.97
0.980.930.980.980.570.820.930.98-0.520.930.940.710.950.920.960.980.850.40.810.450.520.840.410.960.97
0.990.940.980.990.740.880.880.99-0.490.880.920.741.00.930.960.950.940.390.810.540.530.90.380.950.95
0.980.930.980.960.560.860.940.97-0.510.940.960.770.940.910.980.950.840.340.830.470.560.90.450.960.95
0.890.810.850.890.890.740.810.89-0.440.810.810.640.950.760.850.940.840.530.620.390.420.920.220.810.81
0.320.230.280.320.49-0.020.370.32-0.510.370.320.050.430.090.40.390.340.53-0.16-0.19-0.250.4-0.190.250.23
0.870.870.890.870.40.940.720.87-0.230.720.820.760.780.950.810.810.830.62-0.160.680.670.660.570.880.9
0.540.570.530.550.390.640.280.54-0.190.280.520.560.530.620.450.540.470.39-0.190.680.390.40.540.490.53
0.580.720.60.580.160.710.650.580.320.650.410.40.470.60.520.530.560.42-0.250.670.390.51-0.070.60.63
0.880.820.860.870.750.790.850.87-0.480.850.880.70.90.760.840.90.90.920.40.660.40.510.310.830.8
0.410.280.420.40.170.410.220.4-0.60.220.580.670.390.520.410.380.450.22-0.190.570.54-0.070.310.370.39
0.980.950.990.980.540.920.90.98-0.450.90.930.70.930.960.960.950.960.810.250.880.490.60.830.370.99
0.980.960.990.980.530.910.890.98-0.390.890.910.70.930.970.970.950.950.810.230.90.530.630.80.390.99
Click cells to compare fundamentals

Coterra Energy Account Relationship Matchups

Coterra Energy fundamental ratios Accounts

201920202021202220232024 (projected)
Total Assets4.5B4.5B19.9B20.2B20.7B21.7B
Total Current Liabilities241.0M390.2M1.2B1.2B1.7B1.7B
Total Stockholder Equity2.2B2.2B11.7B12.7B13.0B13.7B
Property Plant And Equipment Net3.9B4.0B17.4B17.5B18.3B19.2B
Net Debt1.1B993.8M2.1B1.6B1.6B1.6B
Retained Earnings2.1B2.2B2.6B4.6B5.4B5.6B
Cash200.2M140.1M1.0B673M956M1.0B
Non Current Assets Total3.9B4.1B17.8B17.9B18.7B19.6B
Non Currrent Assets Other(638.8M)(711.0M)(2.7B)(2.9B)395M414.8M
Cash And Short Term Investments200.2M140.1M1.0B673M956M1.0B
Net Receivables338.8M220.9M1.0B1.3B894M938.7M
Common Stock Shares Outstanding417.5M400.5M504M799M760M450.5M
Liabilities And Stockholders Equity4.5B4.5B19.9B20.2B20.7B21.7B
Non Current Liabilities Total2.1B1.9B6.9B6.3B6.0B6.3B
Inventory13.9M15.3M39M63M59M62.0M
Other Stockholder Equity(40.8M)(18.8M)9.0B7.9B7.6B8.0B
Total Liab2.3B2.3B8.2B7.5B7.6B8.0B
Total Current Assets568.2M415.7M2.1B2.2B2.0B2.1B
Short Long Term Debt Total1.3B1.1B3.2B2.3B2.5B2.7B
Other Current Liab129.2M170.5M1.2B135M153M142.8M
Accounts Payable21.7M11M94M803M763M801.2M
Other Current Assets1.7M27.9M7M165M106M111.3M
Common Stock47.7M47.8M89M77M75M78.8M
Accumulated Other Comprehensive Income1.4M2.4M1M13M11M12.0M
Other Liab842.0M942.0M3.8B3.8B4.4B4.6B
Net Tangible Assets2.2B2.2B11.7B12.7B14.6B15.3B
Other Assets27.4M29.5M389M82M73.8M70.1M
Long Term Debt1.1B945.9M3.1B2.2B1.6B1.8B
Common Stock Total Equity47.6M47.7M47.8M89M102.4M61.5M
Deferred Long Term Liab8.9M774.2M3.1B3M3.5M3.3M
Net Invested Capital3.4B3.3B3.1B14.8B15.2B16.0B
Property Plant And Equipment Gross3.9B4.1B21.5B23.3B25.3B13.3B
Non Current Liabilities Other8.6M197.5M666M130M136M185.9M
Net Working Capital240.2M25.5M916M1.0B355M463.1M
Property Plant Equipment3.9B4.0B17.4B17.9B20.5B21.6B
Capital Stock47.7M47.8M89M77M75M70.4M

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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.
When determining whether Coterra Energy offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of Coterra Energy's 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 Coterra Energy Stock. Outlined below are crucial reports that will aid in making a well-informed decision on Coterra Energy Stock:
Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in Coterra Energy. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in metropolitan statistical area.
For information on how to trade Coterra Stock refer to our How to Trade Coterra Stock guide.
You can also try the Pattern Recognition module to use different Pattern Recognition models to time the market across multiple global exchanges.
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 Coterra Energy. If investors know Coterra 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 Coterra Energy 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
(0.19)
Dividend Share
0.83
Earnings Share
1.65
Revenue Per Share
7.376
Quarterly Revenue Growth
(0.05)
The market value of Coterra Energy is measured differently than its book value, which is the value of Coterra that is recorded on the company's balance sheet. Investors also form their own opinion of Coterra Energy's value that differs from its market value or its book value, called intrinsic value, which is Coterra Energy's 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 Coterra Energy's market value can be influenced by many factors that don't directly affect Coterra Energy's 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 Coterra Energy's value and its price as these two are different measures arrived at by different means. Investors typically determine if Coterra Energy is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Coterra Energy's 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.