Cactus Total Stockholder Equity vs Capital Surpluse Analysis

WHD Stock  USD 69.49  0.50  0.72%   
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 Stockholder Equity and its Capital Surpluse 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 Stockholder Equity vs Capital Surpluse

Total Stockholder Equity vs Capital Surpluse Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Cactus Inc Total Stockholder Equity account and Capital Surpluse. At this time, the significance of the direction appears to have very strong relationship.
The correlation between Cactus' Total Stockholder Equity and Capital Surpluse is 0.89. Overlapping area represents the amount of variation of Total Stockholder Equity that can explain the historical movement of Capital Surpluse 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 Stockholder Equity and Capital Surpluse 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 Stockholder Equity of Cactus Inc are associated (or correlated) with its Capital Surpluse. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Capital Surpluse has no effect on the direction of Total Stockholder Equity i.e., Cactus' Total Stockholder Equity and Capital Surpluse go up and down completely randomly.

Correlation Coefficient

0.89
Relationship DirectionPositive 
Relationship StrengthStrong

Total Stockholder Equity

The total equity held by shareholders, calculated as the difference between a company's total assets and total liabilities. It represents the net value of the company owned by shareholders.

Capital Surpluse

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 Income774K3.7M3.8M6.8M
Tax Provision7.7M31.4M38.5M40.4M

Cactus fundamental ratios Correlations

-0.880.810.860.940.940.940.780.59-0.870.910.80.850.80.80.560.870.17-0.890.270.980.770.910.830.69-0.57
-0.88-0.72-0.78-0.93-0.93-0.9-0.7-0.430.95-0.79-0.84-0.78-0.84-0.69-0.4-0.95-0.021.00.09-0.83-0.78-0.87-0.52-0.570.54
0.81-0.720.980.890.870.870.980.91-0.610.810.50.980.50.970.890.710.14-0.740.290.840.730.930.760.96-0.91
0.86-0.780.980.930.920.920.950.84-0.690.880.590.970.590.990.820.80.04-0.80.290.890.790.940.80.91-0.88
0.94-0.930.890.930.990.990.880.67-0.90.850.820.940.820.860.640.910.14-0.950.20.910.760.970.730.78-0.74
0.94-0.930.870.920.991.00.850.65-0.910.840.840.920.840.840.610.90.18-0.950.250.90.740.970.760.75-0.71
0.94-0.90.870.920.991.00.850.66-0.890.840.840.920.840.860.630.890.17-0.920.320.90.720.950.80.76-0.72
0.78-0.70.980.950.880.850.850.93-0.580.760.460.980.460.930.920.70.13-0.730.220.790.650.910.690.98-0.94
0.59-0.430.910.840.670.650.660.93-0.290.590.190.890.190.860.990.420.21-0.450.350.620.450.730.640.98-0.92
-0.870.95-0.61-0.69-0.9-0.91-0.89-0.58-0.29-0.71-0.97-0.69-0.97-0.58-0.25-0.91-0.150.96-0.09-0.8-0.67-0.82-0.58-0.430.4
0.91-0.790.810.880.850.840.840.760.59-0.710.590.810.590.860.570.86-0.18-0.80.160.950.910.830.790.69-0.61
0.8-0.840.50.590.820.840.840.460.19-0.970.590.591.00.480.150.810.25-0.850.260.710.510.740.60.31-0.3
0.85-0.780.980.970.940.920.920.980.89-0.690.810.590.590.940.870.770.17-0.80.280.850.690.950.750.95-0.9
0.8-0.840.50.590.820.840.840.460.19-0.970.591.00.590.480.150.810.25-0.850.260.710.510.740.60.31-0.3
0.8-0.690.970.990.860.840.860.930.86-0.580.860.480.940.480.850.74-0.04-0.70.30.850.780.880.780.92-0.89
0.56-0.40.890.820.640.610.630.920.99-0.250.570.150.870.150.850.40.16-0.420.310.590.430.70.60.98-0.93
0.87-0.950.710.80.910.90.890.70.42-0.910.860.810.770.810.740.4-0.2-0.95-0.040.840.830.840.570.57-0.55
0.17-0.020.140.040.140.180.170.130.21-0.15-0.180.250.170.25-0.040.16-0.2-0.050.520.08-0.290.220.290.14-0.03
-0.891.0-0.74-0.8-0.95-0.95-0.92-0.73-0.450.96-0.8-0.85-0.8-0.85-0.7-0.42-0.95-0.050.04-0.84-0.78-0.89-0.55-0.590.55
0.270.090.290.290.20.250.320.220.35-0.090.160.260.280.260.30.31-0.040.520.040.28-0.080.270.730.28-0.23
0.98-0.830.840.890.910.90.90.790.62-0.80.950.710.850.710.850.590.840.08-0.840.280.840.880.850.71-0.59
0.77-0.780.730.790.760.740.720.650.45-0.670.910.510.690.510.780.430.83-0.29-0.78-0.080.840.760.570.57-0.49
0.91-0.870.930.940.970.970.950.910.73-0.820.830.740.950.740.880.70.840.22-0.890.270.880.760.770.83-0.78
0.83-0.520.760.80.730.760.80.690.64-0.580.790.60.750.60.780.60.570.29-0.550.730.850.570.770.67-0.55
0.69-0.570.960.910.780.750.760.980.98-0.430.690.310.950.310.920.980.570.14-0.590.280.710.570.830.67-0.95
-0.570.54-0.91-0.88-0.74-0.71-0.72-0.94-0.920.4-0.61-0.3-0.9-0.3-0.89-0.93-0.55-0.030.55-0.23-0.59-0.49-0.78-0.55-0.95
Click cells to compare fundamentals

Cactus Account Relationship Matchups

Cactus fundamental ratios Accounts

201920202021202220232024 (projected)
Total Assets835.0M815.6M982.1M1.1B1.5B790.6M
Short Long Term Debt Total37.7M28.1M33.2M35.5M40.0M38.0M
Other Current Liab35.3M16.1M25.7M40.7M76.5M80.4M
Total Current Liabilities91.1M48.9M92.6M116.6M175.7M184.4M
Total Stockholder Equity516.4M550.8M595.0M710.4M865.5M908.8M
Other Liab203.3M195.8M271.0M267.0M307.0M322.4M
Net Tangible Assets319.6M353.0M587.2M564.1M648.7M681.1M
Property Plant And Equipment Net188.3M164.8M151.7M153.2M369.0M387.4M
Current Deferred Revenue1.4M1.1M1.8M1.5M8.1M8.5M
Net Debt(164.9M)(260.5M)(268.5M)(309.0M)(93.8M)(89.1M)
Accounts Payable41.0M20.2M42.8M47.8M71.8M39.5M
Cash202.6M288.7M301.7M344.5M133.8M167.6M
Non Current Assets Total420.1M390.5M463.6M464.3M966.4M1.0B
Cash And Short Term Investments202.6M288.7M301.7M344.5M133.8M167.6M
Net Receivables87.9M44.1M89.2M138.3M205.4M215.7M
Common Stock Total Equity472K477K590K609K700.4K735.4K
Common Stock Shares Outstanding75.4M75.5M76.1M76.3M79.5M71.7M
Long Term Debt Total3.9M2.2M5.8M6.4M5.8M5.5M
Liabilities And Stockholders Equity835.0M815.6M982.1M1.1B1.5B790.6M
Non Current Liabilities Total227.4M215.9M294.5M291.8M282.1M269.5M
Inventory113.4M87.5M119.8M161.3M205.6M114.1M
Other Current Assets11.0M4.9M7.8M10.6M11.4M9.0M
Other Stockholder Equity383.4M202.1M289.6M310.5M465.0M488.3M
Total Liab318.6M264.8M387.0M408.5M457.8M354.6M
Property Plant And Equipment Gross188.3M142.8M151.7M153.2M600.6M630.6M
Total Current Assets414.9M425.1M518.5M654.6M556.2M389.1M
Accumulated Other Comprehensive Income(452K)330K8K(984K)(826K)(784.7K)
Short Term Debt13.5M16.1M19.5M21.4M23M14.0M
Common Stock472K477K590K609K654K686.7K
Property Plant Equipment188.3M142.8M151.7M153.2M176.2M140.8M
Non Currrent Assets Other1.4M1.2M1.0M1.6M9.5M10.0M
Other Assets223.9M239.8M304.1M303.2M1.00.95
Capital Lease Obligations37.7M28.1M33.2M35.5M40.0M28.4M
Non Current Liabilities Other201.9M195.1M269.8M265.0M304.8M168.1M
Cash And Equivalents202.6M288.7M301.7M344.5M396.2M416.0M
Net Invested Capital327.5M353.0M468.6M571.9M865.5M467.0M
Net Working Capital323.8M376.2M425.9M538.0M380.5M370.1M
Noncontrolling Interest In Consolidated Entity188.9M197.8M126.4M138.5M124.7M133.8M
Retained Earnings133.0M150.1M178.4M261.8M400.7M215.5M
Retained Earnings Total Equity133.0M150.1M178.4M261.8M301.0M170.5M

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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 Idea Analyzer module to analyze all characteristics, volatility and risk-adjusted return of Macroaxis ideas.
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.