Championx Stock Financials

CHX
 Stock
  

USD 22.22  0.21  0.94%   

Championx Corp Net Income Per Employee is fairly stable at the moment as compared to the past year. Championx Corp reported Net Income Per Employee of 16,186 in 2021. Earnings Before Interest Taxes and Depreciation Amortization EBITDA is likely to rise to about 475.8 M in 2022, whereas Revenue Per Employee is likely to drop slightly above 382.6 K in 2022.
  
With this module, you can analyze Championx financials for your investing period. You should be able to track the changes in Championx Corp individual financial statements over time to develop the understanding of its risk, liquidity, profitability, or other critical and vital indicators.

Championx Most Recent Estimates

Quarterly Earnings Growth YOY
3.33
EPS Estimate Next Quarter
0.32
Diluted Eps
0.79
EPS Estimate Current Year
1.21
EPS Estimate Next Year
1.72
EPS Estimate Current Quarter
0.26

Revenues

2.46 Billion

Understanding current and past Championx Corp Financials, including the trends in assets, liabilities, equity and income are directly related to making proper and timely investing decisions. All of Championx Corp's financial statements are interrelated, with each one affecting the others. For example, an increase in Championx Corp's assets may result in an increase in income on the income statement.
The fundamental analysis of Championx Corp is a critical element in measuring its lifeblood. The essential information of the day-to-day investment outlook for Championx Corp includes many different criteria found on its balance sheet. For example, investors should never minimize Championx Corp's ability to pay suppliers or employees on time, making sure interest payments are not accumulating or correctly timing where and how to re-invest extra cash. Any individual investor needs to monitor Championx Corp's cash flow, debt, and profitability to effectively and accurately make more informed decisions on whether to invest in Championx Corp.

Championx Corp Cash

Chance Of Financial Distress
Less than 43
Championx Corp has less than 43 (%) percent chance of experiencing financial distress in the next two years of operations. The calculation of odds of distress for Championx Corp stock is tightly coupled with the Probability of Bankruptcy. It complements the equity performance score by supplying investors with insight into company financials without requiring them to know too much about all of the complex accounting and financial indicators surrounding the entity. More Info
The data published in Championx Corp's official financial statements usually reflect Championx Corp's business processes, product offerings, services, and other fundamental events. But there are other numbers, ratios, or fundamental indicators derived from these statements that are easier to understand and visualize within the underlying realities that drive quantitative information of Championx Corp. For example, before you start analyzing numbers published by Championx accountants, it's critical to develop an understanding of what Championx Corp's liquidity, profitability, and earnings quality are in the context of the Energy space in which it operates.
Please note, the presentation of Championx Corp's financial position, as portrayed in its financial statements, is often influenced by management's estimates, judgments, and sometimes even manipulations. In the best case, Championx Corp's management is honest, while the outside auditors are strict and uncompromising. Whatever the case, the imprecision that can be found in Championx Corp's accounting process means that the reasonable investor should take a skeptical approach toward the financial statement analysis of Championx Corp. Please utilize our Beneish M Score to check the likelihood of Championx Corp's management to manipulate its earnings.

Championx Corp Company Summary

Championx Corp competes with CSI Compressco, Microsoft Corp, Coca Cola, Pfizer, and Verizon Communications. ChampionX Corporation provides chemistry solutions, and engineered equipment and technologies to oil and gas companies worldwide. ChampionX Corporation is headquartered in The Woodlands, Texas. Championx Corp operates under Oil Gas Equipment Services classification in the United States and is traded on NASDAQ Exchange. It employs 7000 people.
Specialization
Energy, Oil & Gas Equipment & Services
InstrumentUSA Stock View All
ExchangeNASDAQ Exchange
CIK Number0001723089
CUSIP15872M104
RegionNorth America
LocationTexas; U.S.A
Business Address2445 Technology Forest
SectorEnergy
IndustryOil & Gas Equipment & Services
BenchmarkDOW
Websitewww.apergy.com
Phone281 403 5772
Related EntityAPY
CurrencyUSD - US Dollar
You should never invest in Championx Corp without having analyzed its financial statements. Do not rely on someone else's analysis or guesses about the future performance of Championx Stock, because this is throwing your money away. Analyzing the key information contained in Championx Corp's financial statements can give you an edge over other investors and help to ensure that your investments perform well for you.

Championx Corp Key Financial Ratios

Generally speaking, Championx Corp's financial ratios allow both analysts and investors to convert raw data from Championx Corp's financial statements into concise, actionable information that can be used to evaluate the performance of Championx Corp over time and compare it to other companies across industries. There are many critical financial ratios that investors are exposed to on a daily basis, but they are usually grouped into few meaningful categories from each financial statement that Championx Corp reports annually and quarterly.

Championx Corp Key Balance Sheet Accounts

201720182019202020212022 (projected)
Inventories201.59 M218.32 M211.34 M430.11 M542.91 M585.77 M
Receivables202.02 M249.95 M219.87 M559.54 M584.44 M630.58 M
Accounts Payable98.83 M131.06 M120.29 M299.67 M473.56 M510.95 M
Total Assets1.91 B1.97 B1.92 B3.48 B3.53 B3.28 B
Current Assets441.48 M531.22 M493.44 M1.27 B1.46 B1.21 B
Assets Non Current1.47 B1.44 B1.43 B2.21 B2.07 B2.07 B
Cash and Equivalents23.71 M41.83 M35.29 M201.42 M255.18 M275.32 M
Shareholders Equity1.64 B973.52 M1.03 B1.63 B1.77 B1.76 B
Inventory201.4 M219.42 M211.34 M430.11 M542.91 M458.44 M
Total Liabilities266.23 M997.13 M886.61 M1.86 B1.78 B1.52 B
Current Liabilities150.49 M213.75 M199.68 M622.56 M802.33 M865.67 M
Tax Liabilities96.98 M99.77 M84.06 M156.28 M137.97 M144.27 M

Championx Corp Key Income Statement Accounts

An income statement is very similar to a cash flow statement, but instead of showing net revenue minus expenses, it only includes earnings before interest and taxes (EBIT). This number does not have all of the same line items that are on a cash flow statement, but it leaves out non-cash expenses like depreciation and amortization. For example, if you bought $100 worth of goods from Walmart (WMT) using your debit card that has an interest rate of 20%, then paid off the balance at the end of the month with a credit card that charges 30% interest, you would have an income statement showing EBIT of $80 because your expenses are lower than the amount that went into your pocket. The other reason investors look at the income statement is to determine what Championx Corp's earnings per share (EPS) will be in order to see if they want to buy more shares or not. For example, if a company earned $20 million in the last quarter and has 100,000 shares outstanding, its EPS is 20 cents. If you find that this number beats analysts' forecasts or is higher than it was from the same period last year, then you might want to buy more of this stock even though its price per share may not have changed.
201720182019202020212022 (projected)
Direct Expenses648.24 M800.35 M754.15 M1.49 B2.33 B2.52 B
Consolidated Income110.52 M93.19 M52.96 M(742.35 M)114.24 M123.26 M
Cost of Revenue690.4 M801.15 M754.15 M1.49 B2.33 B2.52 B
Gross Profit320.07 M417 M377.1 M409.17 M743.27 M626.49 M
Interest Expense863 K27.65 M39.3 M51.73 M51.92 M43.92 M
Net Income109.59 M92.74 M52.16 M(743.93 M)113.3 M122.24 M
Operating Expenses221.41 M264.95 M278.62 M1.12 B538.67 M525.2 M
Operating Income98.66 M152.06 M98.49 M(711.02 M)204.61 M220.76 M
Revenues1.01 B1.22 B1.13 B1.9 B3.07 B2.46 B
Income Tax Expense(22.16 M)28.16 M6.23 M(20.4 M)38.45 M41.48 M

Championx Corp Key Cash Accounts

Cash flow analysis captures how much money flows into and out of Championx Corp. It measures of how well Championx is doing because it can show the actual money that comes into and out of the company from sales instead of measuring expenses against revenue to determine earnings. You have to read the cash flow statement in three sections. The first section shows how much money Championx Corp brought in, usually known as net revenue or sales. This is different from earnings because it does not include expenses when determining net revenue for use on this part of the cash flow statement. Next, are operating activities, which show how much money Championx had leftover after paying for its expenses. This number can be calculated in two ways: by subtracting the total of all operating expenses from net revenue or by adding up changes to cash and other assets or liabilities on this part of the statement. The third section is about investing activities, which shows what Championx Corp has done with the money that it received from the sale of assets or what it spent to acquire new ones. This section can be broken down into two parts: investing in existing businesses (in other words, buying more stock) and investing in non-business activities like paying off debt or making acquisitions.
201720182019202020212022 (projected)
Capital Expenditure(33.11 M)(56.73 M)(35.18 M)(35.46 M)(12.44 M)(13.42 M)
Depreciation Amortization and Accretion112.86 M124.46 M119.94 M214.36 M237.28 M210.99 M
Issuance Repayment of Debt Securities(4.29 M)648.44 M(110.56 M)(170.99 M)(229.67 M)(235.71 M)
Net Cash Flow from Financing(36.69 M)(90.84 M)(112.4 M)(175.37 M)(234.35 M)(240.51 M)
Net Cash Flow from Investing(41.95 M)(54.2 M)(49.88 M)22.13 M(37.41 M)(40.36 M)
Net Cash Flow from Operations76.05 M163.9 M155.9 M310.04 M328.22 M286.47 M
Effect of Exchange Rate Changes on Cash277 K(737 K)(162 K)9.33 M(2.7 M)(2.78 M)
Share Based Compensation2.24 M5.38 M10.25 M19.54 M23.18 M25.01 M

Championx Financial Ratios Relationships

Comparative valuation techniques use various fundamental indicators to help in determining Championx Corp's current stock value. Our valuation model uses many indicators to compare Championx Corp value to that of its competitors to determine the firm's financial worth. You can analyze the relationship between different fundamental ratios across Championx Corp competition to find correlations between indicators driving Championx Corp's intrinsic value. More Info.
Championx Corp is number one stock in cash per share category among related companies. It is the top company in total debt category among related companies making up about  970,353,659  of Total Debt per Cash per Share. Championx Corp Total Debt is fairly stable at the moment as compared to the past year. Championx Corp reported Total Debt of 834.42 Million in 2021. Comparative valuation analysis is a catch-all model that can be used if you cannot value Championx Corp by discounting back its dividends or cash flows. This model doesn't attempt to find an intrinsic value for Championx Corp's Stock . Still, instead, it compares the stock's price multiples to a benchmark or nearest competition to determine if the stock is relatively undervalued or overvalued. The reason why the comparable model can be used in almost all circumstances is due to the vast number of multiples that can be utilized, such as the price-to-earnings (P/E), price-to-book (P/B), price-to-sales (P/S), price-to-cash flow (P/CF), and many others. The P/E ratio is the most commonly used of these ratios because it focuses on the Championx Corp's earnings, one of the primary drivers of an investment's value.

Championx Corp Systematic Risk

Championx Corp's systematic risk plays a vital role in portfolio allocation when considering its stock to be added to a well-diversified portfolio. Championx Corp volatility which cannot be eliminated through diversification, requires returns over the risk-free rate. Over the long run, a well-diversified portfolio provides returns that match its exposure to systematic risk. In this case, investors face a trade-off between expected returns and systematic risk and, therefore, can only reduce a portfolio's exposure to systematic risk by sacrificing expected returns on the portfolio.
The output start index for this execution was fourty-two with a total number of output elements of nineteen. The Beta measures systematic risk based on how returns on Championx Corp correlated with the market. If Beta is less than 0 Championx Corp generally moves in the opposite direction as compared to the market. If Championx Corp Beta is about zero movement of price series is uncorrelated with the movement of the benchmark. if Beta is between zero and one Championx Corp is generally moves in the same direction as, but less than the movement of the market. For Beta = 1 movement of Championx Corp is generally in the same direction as the market. If Beta > 1 Championx Corp moves generally in the same direction as, but more than the movement of the benchmark.
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About Championx Corp Financials

What exactly are Championx Corp Financials? Typically, a company's financial statements are the reports that show the financial position of the company. Three primary documents fall into the category of financial statements. These documents include Championx Corp's income statement, its balance sheet, and the statement of cash flows. Potential Championx Corp investors and stakeholders use financial statements to determine how well the company is positioned to perform in the future. Although Championx Corp investors may use each financial statement separately, they are all related. The changes in Championx Corp's assets and liabilities, for example, are also reflected in the revenues and expenses that we see on Championx Corp's income statement, which results in the company's gains or losses. Cash flows can provide more information regarding cash listed on a balance sheet, but not equivalent to net income shown on the income statement. Please read more on our technical analysis and fundamental analysis pages.
There are several different ways that investors can use financial statements to try and predict whether a stock price will go up or down. Unfortunately, there is no surefire formula, but there are some general guidelines that you should keep in mind when looking at the numbers. First, realize what kind of company it is so you know if its revenues are more likely to grow or shrink over time. For example, a software company's revenue is expected to increase year after year due to new products and services that its customers will want to buy. At the same time, a car manufacturer might not be able to sell as many cars when the economy slows down, so it would have less net income during those times. Second, pay attention to its debt to equity ratio because this number will tell you how much risk it has. If a company such as Championx Corp is not taking on any additional risks, its debt-to-equity should be less than one. As a general rule of thumb, if the market value or book value (which can be found in the footnotes) of assets exceeds the company's liabilities, then it is probably in good shape. Finally, use other financial statements to try and figure out if a stock price will go up or down because investors are always looking for growth opportunities when they buy new stocks. For example, if you see that net revenue of Championx grown by more than 25% over the last five years, then there is a good chance that it will continue growing at least by 20% or more each year. On the other hand, if you see that net revenue has only grown by about 15%, which is barely above inflation levels, then chances are it will not grow much faster than this over time, and investors may shy away from buying it.

Championx Corp Thematic Clasifications

Championx Corp is part of Machinery investing theme. If you are a theme-oriented, socially responsible, and at the same time, a result-driven investor, you can align your investing habits with your values without jeopardizing your expectations about returns. You can easily create an optimal portfolio of stocks, ETFs, funds, or cryptocurrencies based on a specific theme of your liking. USA Equities from Machinery industry as classified by Fama & French. Fama and French investing themes focus on testing asset pricing under different economic assumptions
Machinery Idea
MachineryView
This theme covers USA Equities from Machinery industry as classified by Fama & French. Fama and French investing themes focus on testing asset pricing under different economic assumptions. Get More Thematic Ideas

Championx Corp August 19, 2022 Opportunity Range

Along with financial statement analysis, the daily predictive indicators of Championx Corp help investors to analyze its daily demand and supply, volume, patterns, and price swings to determine the real value of Championx Corp. We use our internally-developed statistical techniques to arrive at the intrinsic value of Championx Corp based on widely used predictive technical indicators. In general, we focus on analyzing Championx Stock price patterns and their correlations with different microeconomic environment and drivers. We also apply predictive analytics to build Championx Corp's daily price indicators and compare them against related drivers.
Downside Deviation3.78
Information Ratio0.0043
Maximum Drawdown16.61
Value At Risk(6.35)
Potential Upside5.78
Continue to Trending Equities. Note that the Championx Corp information on this page should be used as a complementary analysis to other Championx Corp's statistical models used to find the right mix of equity instruments to add to your existing portfolios or create a brand new portfolio. You can also try ETF Directory module to find actively traded Exchange Traded Funds (ETF) from around the world.

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Is Championx Corp's industry 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 Championx Corp. If investors know Championx 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 Championx Corp 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 YOY
3.33
Market Capitalization
4.5 B
Quarterly Revenue Growth YOY
0.25
Return On Assets
0.0502
Return On Equity
0.0982
The market value of Championx Corp is measured differently than its book value, which is the value of Championx that is recorded on the company's balance sheet. Investors also form their own opinion of Championx Corp's value that differs from its market value or its book value, called intrinsic value, which is Championx Corp'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 Championx Corp's market value can be influenced by many factors that don't directly affect Championx Corp'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 Championx Corp's value and its price as these two are different measures arrived at by different means. Investors typically determine Championx Corp value by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Championx Corp'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.