Cactus Total Other Income Expense Net vs Cost Of Revenue Analysis
WHD Stock | USD 67.94 1.55 2.23% |
Cactus financial indicator trend analysis is way more than just evaluating Cactus Inc prevailing accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Cactus Inc is a good investment. Please check the relationship between Cactus Total Other Income Expense Net and its Cost Of Revenue accounts. Check out Your Current Watchlist to better understand how to build diversified portfolios, which includes a position in Cactus Inc. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in rate.
Total Other Income Expense Net vs Cost Of Revenue
Total Other Income Expense Net vs Cost Of Revenue Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Cactus Inc Total Other Income Expense Net account and Cost Of Revenue. At this time, the significance of the direction appears to have weak contrarian relationship.
The correlation between Cactus' Total Other Income Expense Net and Cost Of Revenue is -0.06. Overlapping area represents the amount of variation of Total Other Income Expense Net that can explain the historical movement of Cost Of Revenue in the same time period over historical financial statements of Cactus Inc, assuming nothing else is changed. The correlation between historical values of Cactus' Total Other Income Expense Net and Cost Of 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 Other Income Expense Net of Cactus Inc are associated (or correlated) with its Cost Of Revenue. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Cost Of Revenue has no effect on the direction of Total Other Income Expense Net i.e., Cactus' Total Other Income Expense Net and Cost Of Revenue go up and down completely randomly.
Correlation Coefficient | -0.06 |
Relationship Direction | Negative |
Relationship Strength | Insignificant |
Total Other Income Expense Net
Cost Of Revenue
Cost of Revenue is found on Cactus Inc income statement and represents the costs associated with goods and services Cactus provides. Indirect cost, such as salaries, is not included. In other words, cost of revenue is the total cost incurred to obtain a sale. It is more than the traditional cost of goods sold, since it includes specific selling and marketing activities.Most indicators from Cactus' fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Cactus Inc 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 Your Current Watchlist to better understand how to build diversified portfolios, which includes a position in Cactus Inc. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in rate. At present, Cactus' Selling General Administrative is projected to increase significantly based on the last few years of reporting.
2021 | 2022 | 2023 | 2024 (projected) | Interest Income | 774K | 3.7M | 3.8M | 6.8M | Tax Provision | 7.7M | 31.4M | 38.5M | 40.4M |
Cactus fundamental ratios Correlations
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Cactus Account Relationship Matchups
High Positive Relationship
High Negative Relationship
Cactus fundamental ratios Accounts
2019 | 2020 | 2021 | 2022 | 2023 | 2024 (projected) | ||
Total Assets | 835.0M | 815.6M | 982.1M | 1.1B | 1.5B | 790.6M | |
Short Long Term Debt Total | 37.7M | 28.1M | 33.2M | 35.5M | 40.0M | 38.0M | |
Other Current Liab | 35.3M | 16.1M | 25.7M | 40.7M | 76.5M | 80.4M | |
Total Current Liabilities | 91.1M | 48.9M | 92.6M | 116.6M | 175.7M | 184.4M | |
Total Stockholder Equity | 516.4M | 550.8M | 595.0M | 710.4M | 865.5M | 908.8M | |
Other Liab | 203.3M | 195.8M | 271.0M | 267.0M | 307.0M | 322.4M | |
Net Tangible Assets | 319.6M | 353.0M | 587.2M | 564.1M | 648.7M | 681.1M | |
Property Plant And Equipment Net | 188.3M | 164.8M | 151.7M | 153.2M | 369.0M | 387.4M | |
Current Deferred Revenue | 1.4M | 1.1M | 1.8M | 1.5M | 8.1M | 8.5M | |
Net Debt | (164.9M) | (260.5M) | (268.5M) | (309.0M) | (93.8M) | (89.1M) | |
Accounts Payable | 41.0M | 20.2M | 42.8M | 47.8M | 71.8M | 39.5M | |
Cash | 202.6M | 288.7M | 301.7M | 344.5M | 133.8M | 167.6M | |
Non Current Assets Total | 420.1M | 390.5M | 463.6M | 464.3M | 966.4M | 1.0B | |
Cash And Short Term Investments | 202.6M | 288.7M | 301.7M | 344.5M | 133.8M | 167.6M | |
Net Receivables | 87.9M | 44.1M | 89.2M | 138.3M | 205.4M | 215.7M | |
Common Stock Total Equity | 472K | 477K | 590K | 609K | 700.4K | 735.4K | |
Common Stock Shares Outstanding | 75.4M | 75.5M | 76.1M | 76.3M | 79.5M | 71.7M | |
Long Term Debt Total | 3.9M | 2.2M | 5.8M | 6.4M | 5.8M | 5.5M | |
Liabilities And Stockholders Equity | 835.0M | 815.6M | 982.1M | 1.1B | 1.5B | 790.6M | |
Non Current Liabilities Total | 227.4M | 215.9M | 294.5M | 291.8M | 282.1M | 269.5M | |
Inventory | 113.4M | 87.5M | 119.8M | 161.3M | 205.6M | 114.1M | |
Other Current Assets | 11.0M | 4.9M | 7.8M | 10.6M | 11.4M | 9.0M | |
Other Stockholder Equity | 383.4M | 202.1M | 289.6M | 310.5M | 465.0M | 488.3M | |
Total Liab | 318.6M | 264.8M | 387.0M | 408.5M | 457.8M | 354.6M | |
Property Plant And Equipment Gross | 188.3M | 142.8M | 151.7M | 153.2M | 600.6M | 630.6M | |
Total Current Assets | 414.9M | 425.1M | 518.5M | 654.6M | 556.2M | 389.1M | |
Accumulated Other Comprehensive Income | (452K) | 330K | 8K | (984K) | (826K) | (784.7K) | |
Short Term Debt | 13.5M | 16.1M | 19.5M | 21.4M | 23M | 14.0M | |
Common Stock | 472K | 477K | 590K | 609K | 654K | 686.7K | |
Property Plant Equipment | 188.3M | 142.8M | 151.7M | 153.2M | 176.2M | 140.8M | |
Non Currrent Assets Other | 1.4M | 1.2M | 1.0M | 1.6M | 9.5M | 10.0M | |
Other Assets | 223.9M | 239.8M | 304.1M | 303.2M | 1.0 | 0.95 | |
Capital Lease Obligations | 37.7M | 28.1M | 33.2M | 35.5M | 40.0M | 28.4M | |
Non Current Liabilities Other | 201.9M | 195.1M | 269.8M | 265.0M | 304.8M | 168.1M | |
Cash And Equivalents | 202.6M | 288.7M | 301.7M | 344.5M | 396.2M | 416.0M | |
Net Invested Capital | 327.5M | 353.0M | 468.6M | 571.9M | 865.5M | 467.0M | |
Net Working Capital | 323.8M | 376.2M | 425.9M | 538.0M | 380.5M | 370.1M | |
Noncontrolling Interest In Consolidated Entity | 188.9M | 197.8M | 126.4M | 138.5M | 124.7M | 133.8M | |
Retained Earnings | 133.0M | 150.1M | 178.4M | 261.8M | 400.7M | 215.5M | |
Retained Earnings Total Equity | 133.0M | 150.1M | 178.4M | 261.8M | 301.0M | 170.5M |
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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 Cactus Inc is a strong investment it is important to analyze Cactus' competitive position within its industry, examining market share, product or service uniqueness, and competitive advantages. Beyond financials and market position, potential investors should also consider broader economic conditions, industry trends, and any regulatory or geopolitical factors that may impact Cactus' future performance. For an informed investment choice regarding Cactus Stock, refer to the following important reports:Check out Your Current Watchlist to better understand how to build diversified portfolios, which includes a position in Cactus Inc. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in rate. You can also try the Cryptocurrency Center module to build and monitor diversified portfolio of extremely risky digital assets and cryptocurrency.
Is Oil & Gas Equipment & Services 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 Cactus. If investors know Cactus 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 Cactus 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 (0.07) | Dividend Share 0.49 | Earnings Share 2.86 | Revenue Per Share 17.195 | Quarterly Revenue Growth 0.018 |
The market value of Cactus Inc is measured differently than its book value, which is the value of Cactus that is recorded on the company's balance sheet. Investors also form their own opinion of Cactus' value that differs from its market value or its book value, called intrinsic value, which is Cactus' 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 Cactus' market value can be influenced by many factors that don't directly affect Cactus' 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 Cactus' value and its price as these two are different measures arrived at by different means. Investors typically determine if Cactus is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Cactus' 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.