LBRT Stock | | | USD 18.72 0.27 1.42% |
Liberty Oilfield financial indicator trend analysis is infinitely more than just investigating Liberty Oilfield Services recent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Liberty Oilfield Services is a good investment. Please check the relationship between Liberty Oilfield Total Assets and its Current Deferred Revenue accounts. Check out
Correlation Analysis to better understand how to build diversified portfolios, which includes a position in Liberty Oilfield Services. 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.
Total Assets vs Current Deferred Revenue
Total Assets vs Current Deferred Revenue Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of
Liberty Oilfield Services Total Assets account and
Current Deferred Revenue. At this time, the significance of the direction appears to have pay attention.
The correlation between Liberty Oilfield's Total Assets and Current Deferred Revenue is -0.91. Overlapping area represents the amount of variation of Total Assets that can explain the historical movement of Current Deferred Revenue in the same time period over historical financial statements of Liberty Oilfield Services, assuming nothing else is changed. The correlation between historical values of Liberty Oilfield's Total Assets and Current Deferred Revenue is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Total Assets of Liberty Oilfield Services are associated (or correlated) with its Current Deferred Revenue. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Current Deferred Revenue has no effect on the direction of Total Assets i.e., Liberty Oilfield's Total Assets and Current Deferred Revenue go up and down completely randomly.
Correlation Coefficient | -0.91 |
Relationship Direction | Negative |
Relationship Strength | Significant |
Total Assets
Total assets refers to the total amount of Liberty Oilfield 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 Liberty Oilfield Services 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.
Current Deferred Revenue
Revenue that has been collected but not yet earned, typically from prepaid service contracts or subscriptions. This amount is considered a liability until the service is provided or the subscription period ends.
Most indicators from Liberty Oilfield's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Liberty Oilfield Services 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
Correlation Analysis to better understand how to build diversified portfolios, which includes a position in Liberty Oilfield Services. 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.
At this time, Liberty Oilfield's
Tax Provision is comparatively stable compared to the past year.
Sales General And Administrative To Revenue is likely to gain to 0.07 in 2024, whereas
Selling General Administrative is likely to drop slightly above 116.1
M in 2024.
Liberty Oilfield fundamental ratios Correlations
Click cells to compare fundamentals
Liberty Oilfield Account Relationship Matchups
High Positive Relationship
High Negative Relationship
Liberty Oilfield fundamental ratios Accounts
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Additional Tools for Liberty Stock Analysis
When running Liberty Oilfield's price analysis, check to
measure Liberty Oilfield'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 Liberty Oilfield is operating at the current time. Most of Liberty Oilfield's value examination focuses on studying past and present price action to
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