Flotek Net Debt vs Cash Analysis

FTK Stock

USD 8.06 0.21 2.68%

Flotek Industries financial indicator trend analysis is much more than just examining Flotek Industries latest accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Flotek Industries is a good investment. Please check the relationship between Flotek Industries Net Debt and its Cash accounts. Check out Investing Opportunities to better understand how to build diversified portfolios, which includes a position in Flotek Industries. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in estimate.

For more information on how to buy Flotek Stock please use our How to buy in Flotek Stock guide.

Net Debt vs Cash

Net Debt vs Cash Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Flotek Industries Net Debt account and Cash. At this time, the significance of the direction appears to have strong contrarian relationship.

The correlation between Flotek Industries' Net Debt and Cash is -0.65. Overlapping area represents the amount of variation of Net Debt that can explain the historical movement of Cash in the same time period over historical financial statements of Flotek Industries, assuming nothing else is changed. The correlation between historical values of Flotek Industries' Net Debt and Cash is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Net Debt of Flotek Industries are associated (or correlated) with its Cash. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Cash has no effect on the direction of Net Debt i.e., Flotek Industries' Net Debt and Cash go up and down completely randomly.

Correlation Coefficient

-0.65

Relationship Direction	Negative
Relationship Strength	Weak

View All Relationships

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.

Cash

Cash refers to the most liquid asset of Flotek Industries, which is listed under current asset account on Flotek Industries balance sheet and usually includes currency, coins, checking accounts, and not deposited checks received from Flotek Industries customers. The amounts must be unrestricted with restricted cash listed in a different Flotek Industries account. The total amount of money in the form of currency that a company has in its possession. This includes all bills, coins, and funds in bank accounts.

Most indicators from Flotek Industries' fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Flotek Industries 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 Investing Opportunities to better understand how to build diversified portfolios, which includes a position in Flotek Industries. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in estimate.

For more information on how to buy Flotek Stock please use our How to buy in Flotek Stock guide.At this time, Flotek Industries' Selling General Administrative is quite stable compared to the past year. Discontinued Operations is expected to rise to about 50.9 M this year, although Enterprise Value Multiple will most likely fall to 2.85.

	2021	2022	2023	2024 (projected)
Interest Expense	78K	7.1M	2.9M	4.2M
Depreciation And Amortization	1.3M	4.3M	8.8M	7.4M

Interest Expense Depreciation And Amortization

Flotek Industries 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	Cash	Non Current Assets Total	Non Currrent Assets Other	Cash And Short Term Investments	Net Receivables	Common Stock Total Equity	Common Stock Shares Outstanding	Non Current Liabilities Total	Inventory	Other Stockholder Equity	Total Liab	Property Plant And Equipment Gross	Total Current Assets	Short Term Debt	Common Stock	Current Deferred Revenue	Accounts Payable	Good Will
Total Assets		0.35	0.37	0.47	0.95	0.94	0.37	0.66	-0.17	0.96	-0.09	-0.17	0.84	-0.49	-0.08	0.47	0.91	0.09	0.6	0.96	0.9	0.24	-0.49	0.82	0.52	0.81
Short Long Term Debt Total	0.35		-0.05	0.71	0.04	0.22	0.78	0.04	-0.02	0.31	0.25	-0.02	0.52	-0.34	0.33	0.55	0.25	-0.02	0.93	0.22	0.35	0.68	-0.34	0.41	0.4	0.19
Other Current Liab	0.37	-0.05		-0.18	0.39	0.5	-0.46	0.24	0.66	0.29	-0.67	0.66	0.03	-0.44	0.02	0.39	0.36	0.08	0.1	0.46	0.42	-0.35	-0.44	0.21	-0.16	0.26
Total Current Liabilities	0.47	0.71	-0.18		0.27	0.27	0.67	-0.06	-0.21	0.41	0.38	-0.21	0.59	-0.42	-0.12	0.05	0.29	0.36	0.7	0.32	0.47	0.95	-0.42	0.23	0.63	0.17
Total Stockholder Equity	0.95	0.04	0.39	0.27		0.94	0.14	0.72	-0.18	0.9	-0.22	-0.18	0.71	-0.38	-0.25	0.33	0.89	0.05	0.3	0.95	0.85	0.04	-0.38	0.75	0.37	0.81
Property Plant And Equipment Net	0.94	0.22	0.5	0.27	0.94		0.2	0.81	-0.07	0.91	-0.35	-0.07	0.69	-0.37	-0.23	0.48	0.94	-0.14	0.43	0.97	0.82	0.05	-0.37	0.85	0.28	0.86
Net Debt	0.37	0.78	-0.46	0.67	0.14	0.2		0.14	-0.65	0.43	0.6	-0.65	0.64	-0.16	0.12	0.37	0.36	-0.05	0.73	0.24	0.21	0.71	-0.16	0.5	0.46	0.36
Retained Earnings	0.66	0.04	0.24	-0.06	0.72	0.81	0.14		-0.2	0.67	-0.44	-0.2	0.4	0.21	-0.35	0.43	0.76	-0.65	0.15	0.71	0.53	-0.17	0.21	0.78	-0.08	0.81
Cash	-0.17	-0.02	0.66	-0.21	-0.18	-0.07	-0.65	-0.2		-0.31	-0.62	1.0	-0.4	-0.16	0.23	0.07	-0.28	0.08	-0.03	-0.11	0.08	-0.3	-0.16	-0.31	-0.22	-0.36
Non Current Assets Total	0.96	0.31	0.29	0.41	0.9	0.91	0.43	0.67	-0.31		0.04	-0.31	0.86	-0.39	-0.12	0.39	0.95	0.03	0.57	0.95	0.73	0.22	-0.39	0.81	0.53	0.9
Non Currrent Assets Other	-0.09	0.25	-0.67	0.38	-0.22	-0.35	0.6	-0.44	-0.62	0.04		-0.62	0.33	-0.1	0.31	-0.23	-0.13	0.41	0.27	-0.2	-0.28	0.45	-0.1	-0.11	0.59	-0.11
Cash And Short Term Investments	-0.17	-0.02	0.66	-0.21	-0.18	-0.07	-0.65	-0.2	1.0	-0.31	-0.62		-0.4	-0.16	0.23	0.07	-0.28	0.08	-0.03	-0.11	0.08	-0.3	-0.16	-0.31	-0.22	-0.36
Net Receivables	0.84	0.52	0.03	0.59	0.71	0.69	0.64	0.4	-0.4	0.86	0.33	-0.4		-0.5	0.11	0.42	0.76	0.19	0.72	0.74	0.67	0.38	-0.5	0.73	0.75	0.69
Common Stock Total Equity	-0.49	-0.34	-0.44	-0.42	-0.38	-0.37	-0.16	0.21	-0.16	-0.39	-0.1	-0.16	-0.5		-0.33	-0.27	-0.34	-0.72	-0.5	-0.46	-0.55	-0.22	1.0	-0.31	-0.53	-0.13
Common Stock Shares Outstanding	-0.08	0.33	0.02	-0.12	-0.25	-0.23	0.12	-0.35	0.23	-0.12	0.31	0.23	0.11	-0.33		0.46	-0.18	0.26	0.37	-0.14	-0.01	-0.19	-0.33	0.02	0.31	-0.23
Non Current Liabilities Total	0.47	0.55	0.39	0.05	0.33	0.48	0.37	0.43	0.07	0.39	-0.23	0.07	0.42	-0.27	0.46		0.46	-0.26	0.59	0.43	0.52	-0.06	-0.27	0.66	0.02	0.38
Inventory	0.91	0.25	0.36	0.29	0.89	0.94	0.36	0.76	-0.28	0.95	-0.13	-0.28	0.76	-0.34	-0.18	0.46		-0.12	0.46	0.94	0.7	0.1	-0.34	0.85	0.35	0.94
Other Stockholder Equity	0.09	-0.02	0.08	0.36	0.05	-0.14	-0.05	-0.65	0.08	0.03	0.41	0.08	0.19	-0.72	0.26	-0.26	-0.12		0.12	0.02	0.16	0.27	-0.72	-0.3	0.55	-0.28
Total Liab	0.6	0.93	0.1	0.7	0.3	0.43	0.73	0.15	-0.03	0.57	0.27	-0.03	0.72	-0.5	0.37	0.59	0.46	0.12		0.48	0.54	0.59	-0.5	0.55	0.6	0.38
Property Plant And Equipment Gross	0.96	0.22	0.46	0.32	0.95	0.97	0.24	0.71	-0.11	0.95	-0.2	-0.11	0.74	-0.46	-0.14	0.43	0.94	0.02	0.48		0.82	0.09	-0.46	0.81	0.43	0.84
Total Current Assets	0.9	0.35	0.42	0.47	0.85	0.82	0.21	0.53	0.08	0.73	-0.28	0.08	0.67	-0.55	-0.01	0.52	0.7	0.16	0.54	0.82		0.23	-0.55	0.7	0.41	0.53
Short Term Debt	0.24	0.68	-0.35	0.95	0.04	0.05	0.71	-0.17	-0.3	0.22	0.45	-0.3	0.38	-0.22	-0.19	-0.06	0.1	0.27	0.59	0.09	0.23		-0.22	0.05	0.46	0.02
Common Stock	-0.49	-0.34	-0.44	-0.42	-0.38	-0.37	-0.16	0.21	-0.16	-0.39	-0.1	-0.16	-0.5	1.0	-0.33	-0.27	-0.34	-0.72	-0.5	-0.46	-0.55	-0.22		-0.31	-0.53	-0.13
Current Deferred Revenue	0.82	0.41	0.21	0.23	0.75	0.85	0.5	0.78	-0.31	0.81	-0.11	-0.31	0.73	-0.31	0.02	0.66	0.85	-0.3	0.55	0.81	0.7	0.05	-0.31		0.27	0.81
Accounts Payable	0.52	0.4	-0.16	0.63	0.37	0.28	0.46	-0.08	-0.22	0.53	0.59	-0.22	0.75	-0.53	0.31	0.02	0.35	0.55	0.6	0.43	0.41	0.46	-0.53	0.27		0.23
Good Will	0.81	0.19	0.26	0.17	0.81	0.86	0.36	0.81	-0.36	0.9	-0.11	-0.36	0.69	-0.13	-0.23	0.38	0.94	-0.28	0.38	0.84	0.53	0.02	-0.13	0.81	0.23

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Flotek Industries Account Relationship Matchups

Flotek Industries fundamental ratios Accounts

	2019	2020	2021	2022	2023	2024 (projected)
Total Assets	231.8M	86.2M	50.2M	164.8M	157.5M	176.5M
Short Long Term Debt Total	17.7M	14.8M	13.3M	119.6M	17.9M	17.0M
Other Current Liab	24.6M	17.6M	8.3M	3.2M	5.3M	7.9M
Total Current Liabilities	41.3M	28.9M	18.8M	151.4M	47.8M	40.7M
Total Stockholder Equity	173.3M	47.2M	20.2M	2.6M	102.0M	100.1M
Property Plant And Equipment Net	56.2M	11.4M	7.3M	10.7M	10.2M	9.7M
Net Debt	(82.9M)	(23.9M)	1.7M	107.3M	12.0M	11.4M
Retained Earnings	(139.8M)	(278.7M)	(309.2M)	(351.5M)	(326.8M)	(310.5M)
Cash	100.6M	38.7M	11.5M	12.3M	5.9M	11.5M
Non Current Assets Total	79.5M	19.8M	7.6M	83.7M	81.1M	95.3M
Non Currrent Assets Other	(76.5M)	33K	29K	72.6M	70.9M	74.5M
Cash And Short Term Investments	100.6M	38.7M	11.5M	12.3M	5.9M	11.5M
Net Receivables	16.3M	12.2M	13.3M	48.9M	54.1M	29.9M
Common Stock Shares Outstanding	9.8M	11.4M	12.2M	12.4M	28.4M	29.8M
Liabilities And Stockholders Equity	231.8M	86.2M	50.2M	164.8M	157.5M	176.5M
Non Current Liabilities Total	17.2M	10.2M	11.3M	10.8M	7.8M	7.4M
Inventory	21.7M	11.8M	9.5M	15.7M	12.8M	12.2M
Other Stockholder Equity	314.1M	325.9M	329.3M	353.9M	428.6M	450.1M
Total Liab	58.6M	39.0M	30.1M	162.2M	55.6M	76.3M
Property Plant And Equipment Gross	56.2M	11.4M	18.4M	22.2M	22.1M	38.1M
Total Current Assets	152.4M	66.5M	42.6M	81.1M	76.4M	81.2M
Accumulated Other Comprehensive Income	(966K)	(19K)	81K	181K	127K	133.4K
Short Term Debt	541K	5.4M	2.7M	112.1M	10.1M	15.9M
Accounts Payable	16.2M	5.8M	7.6M	33.4M	31.7M	33.3M
Other Current Assets	13.2M	3.8M	8.3M	4.1M	3.7M	5.0M
Intangible Assets	48.2M	26.8M	23.1M	8.1M	9.3M	8.8M
Property Plant Equipment	56.2M	11.4M	7.3M	10.7M	12.3M	11.7M
Other Assets	152K	2.6M	308K	421K	484.2K	459.9K
Treasury Stock	(33.2M)	(33.5M)	(33.9M)	(34.1M)	(30.7M)	(29.2M)
Net Tangible Assets	151.7M	39.1M	20.2M	2.6M	2.3M	2.2M
Retained Earnings Total Equity	(37.2M)	(107.6M)	(278.7M)	(351.5M)	(316.4M)	(300.5M)
Long Term Debt Total	158K	1.7M	3.4M	2.8M	2.5M	2.4M

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When determining whether Flotek Industries is a good investment, qualitative aspects like company management, corporate governance, and ethical practices play a significant role. A comparison with peer companies also provides context and helps to understand if Flotek Stock is undervalued or overvalued. This multi-faceted approach, blending both quantitative and qualitative analysis, forms a solid foundation for making an informed investment decision about Flotek Industries Stock. Highlighted below are key reports to facilitate an investment decision about Flotek Industries Stock:

How To Invest In Flotek

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Is Flotek Stock a good investment?

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What is Flotek Industries' Net Worth?

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Largest Specialty Chemicals Companies

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Largest Oil & Gas Equipment & Services Companies

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Check out Investing Opportunities to better understand how to build diversified portfolios, which includes a position in Flotek Industries. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in estimate.

For more information on how to buy Flotek Stock please use our How to buy in Flotek Stock guide.

You can also try the Top Crypto Exchanges module to search and analyze digital assets across top global cryptocurrency exchanges.

Is Specialty Chemicals 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 Flotek Industries. If investors know Flotek 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 Flotek Industries 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

Earnings Share

0.24

Revenue Per Share

6.052

Quarterly Revenue Growth

0.052

Return On Assets

0.0255

The market value of Flotek Industries is measured differently than its book value, which is the value of Flotek that is recorded on the company's balance sheet. Investors also form their own opinion of Flotek Industries' value that differs from its market value or its book value, called intrinsic value, which is Flotek Industries' 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 Flotek Industries' market value can be influenced by many factors that don't directly affect Flotek Industries' 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 Flotek Industries' value and its price as these two are different measures arrived at by different means. Investors typically determine if Flotek Industries is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Flotek Industries' 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.

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Flotek Net Debt vs Cash Analysis

Net Debt vs Cash

Net Debt vs Cash Correlation Analysis

Correlation Coefficient

Net Debt

Cash

Flotek Industries fundamental ratios Correlations

Flotek Industries Account Relationship Matchups

High Positive Relationship

High Negative Relationship

Flotek Industries fundamental ratios Accounts

Building efficient market-beating portfolios requires time, education, and a lot of computing power!

COMMON DESTINATIONS

MAIN CATEGORIES

COMPANY

Cash And Short Term Investments	+ 1.0	Cash
Common Stock	+ 1.0	Common Stock Total Equity
Property Plant And Equipment Gross	+ 0.97	Property Plant And Equipment Net
Non Current Assets Total	+ 0.96	Total Assets
Property Plant And Equipment Gross	+ 0.96	Total Assets
Total Stockholder Equity	+ 0.95	Total Assets

Common Stock	- 0.72	Other Stockholder Equity
Other Stockholder Equity	- 0.72	Common Stock Total Equity
Non Currrent Assets Other	- 0.67	Other Current Liab
Other Stockholder Equity	- 0.65	Retained Earnings
Cash And Short Term Investments	- 0.65	Net Debt
Cash	- 0.65	Net Debt