Flotek Net Income Common Stock vs Revenues Analysis

FTK
 Stock
  

USD 1.23  0.02  1.65%   

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 Income Common Stock and its Revenues accounts. Please check Investing Opportunities.

Net Income Common Stock vs Revenues

Net Income Common Stock vs Revenues Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Flotek Industries Net Income Common Stock account and Revenues. At this time, the significance of the direction appears to have strong relationship.
The correlation between Flotek Industries' Net Income Common Stock and Revenues is 0.76. Overlapping area represents the amount of variation of Net Income Common Stock that can explain the historical movement of Revenues 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 Income Common Stock and Revenues 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 Income Common Stock of Flotek Industries are associated (or correlated) with its Revenues. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Revenues has no effect on the direction of Net Income Common Stock i.e., Flotek Industries' Net Income Common Stock and Revenues go up and down completely randomly.

Correlation Coefficient

0.76
Relationship DirectionPositive 
Relationship StrengthSignificant

Net Income Common Stock

The amount of net income (loss) for the period due to common shareholders. Typically differs from Net Income to the parent entity due to the deduction of Preferred Dividends Income Statement Impact.

Revenues

Revenues refers to the total amount of money received by Flotek Industries for goods sold or services provided during a certain time period. It also includes all of Flotek Industries sales as well as any other increase in Flotek Industries equity.Revenues are reported on Flotek Industries income statement and calculated before any expenses are subtracted. Amount of Revenue recognized from goods sold; services rendered; insurance premiums; or other activities that constitute an earning process. Interest income for financial institutions is reported net of interest expense and provision for credit losses.
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. Please check Investing Opportunities.Flotek Industries Selling General and Administrative Expense is decreasing as compared to previous years. The last year's value of Selling General and Administrative Expense was reported at 20.17 Million. The current Issuance Purchase of Equity Shares is estimated to increase to about 82.1 K, while Net Loss Income from Discontinued Operations is projected to decrease to (38.9 M).
 2019 2020 2021 2022 (projected)
Revenues USD119.35 M53.14 M43.27 M44.41 M
Revenues119.35 M53.14 M43.27 M44.41 M

Flotek Industries fundamental ratios Correlations

0.890.830.90.610.97-0.50.240.54-0.060.530.890.870.840.470.680.140.60.810.730.740.69
0.890.860.870.640.9-0.540.40.520.10.520.80.920.940.620.670.30.750.860.940.680.76
0.830.860.860.730.83-0.350.260.48-0.020.550.840.810.90.480.710.110.890.910.810.680.45
0.90.870.860.870.96-0.340.40.680.020.690.950.880.870.620.850.20.720.940.790.790.64
0.610.640.730.870.69-0.080.430.690.080.730.810.60.660.590.870.180.660.820.630.660.32
0.970.90.830.960.69-0.450.330.59-0.020.590.920.940.890.570.740.190.660.90.790.770.75
-0.5-0.54-0.35-0.34-0.08-0.450.04-0.620.320.09-0.41-0.45-0.4-0.01-0.460.21-0.23-0.22-0.43-0.69-0.34
0.240.40.260.40.430.330.040.050.880.460.10.410.420.950.170.920.390.370.560.070.33
0.540.520.480.680.690.59-0.620.05-0.390.380.750.460.410.150.94-0.290.310.510.380.90.22
-0.060.1-0.020.020.08-0.020.320.88-0.390.23-0.280.090.120.77-0.270.960.140.050.3-0.370.12
0.530.520.550.690.730.590.090.460.380.230.60.480.550.580.590.310.440.690.520.450.29
0.890.80.840.950.810.92-0.410.10.75-0.280.60.80.780.350.89-0.10.630.890.660.860.55
0.870.920.810.880.60.94-0.450.410.460.090.480.80.950.640.630.310.760.870.890.650.84
0.840.940.90.870.660.89-0.40.420.410.120.550.780.950.660.620.320.890.920.940.630.76
0.470.620.480.620.590.57-0.010.950.150.770.580.350.640.660.330.870.570.60.740.220.56
0.680.670.710.850.870.74-0.460.170.94-0.270.590.890.630.620.33-0.150.550.750.560.90.31
0.140.30.110.20.180.190.210.92-0.290.960.31-0.10.310.320.87-0.150.260.220.47-0.240.38
0.60.750.890.720.660.66-0.230.390.310.140.440.630.760.890.570.550.260.830.820.530.48
0.810.860.910.940.820.9-0.220.370.510.050.690.890.870.920.60.750.220.830.840.690.62
0.730.940.810.790.630.79-0.430.560.380.30.520.660.890.940.740.560.470.820.840.540.71
0.740.680.680.790.660.77-0.690.070.9-0.370.450.860.650.630.220.9-0.240.530.690.540.4
0.690.760.450.640.320.75-0.340.330.220.120.290.550.840.760.560.310.380.480.620.710.4
Click cells to compare fundamentals

Flotek Industries Account Relationship Matchups

Flotek Industries fundamental ratios Accounts

201720182019202020212022 (projected)
Inventories75.76 M27.29 M21.7 M11.84 M9.45 M9.7 M
Receivables46.02 M37.05 M15.64 M11.76 M13.3 M13.65 M
Accounts Payable22.05 M15.01 M16.23 M5.79 M7.62 M7.82 M
Accumulated Other Comprehensive Income(884 K)(1.12 M)181 K(19 K)81 K87.39 K
Total Assets329.89 M285.88 M230.6 M86.21 M50.24 M51.57 M
Current Assets137.92 M194.78 M153.91 M66.45 M42.6 M43.72 M
Assets Non Current191.96 M91.1 M76.69 M19.75 M7.64 M7.85 M
Cash and Equivalents4.58 M3.04 M101.24 M39.32 M13.32 M18.71 M
Cash and Equivalents USD4.58 M3.04 M101.24 M39.32 M13.32 M18.71 M
Total Debt27.95 M49.73 M17.67 M14.8 M13.26 M13.61 M
Debt Current27.95 M49.73 M541 K4.74 M2.08 M2.13 M
Debt Non Current18.25 M7.83 M17.13 M10.06 M11.18 M17.52 M
Total Debt USD27.95 M49.73 M17.67 M14.8 M13.26 M13.61 M
Shareholders Equity264.9 M201.62 M172.03 M47.17 M20.19 M20.72 M
Shareholders Equity USD264.9 M201.62 M172.03 M47.17 M20.19 M20.72 M
Goodwill and Intangible Assets59.23 M26.83 M20.32 M8.09 M7.28 M7.47 M
Inventory32.46 M27.29 M23.21 M11.84 M9.45 M9.7 M
Total Liabilities64.63 M84.26 M58.57 M39.04 M30.05 M30.84 M
Current Liabilities64.63 M84.26 M41.32 M28.86 M18.78 M19.27 M
Liabilities Non Current42.08 M7.83 M17.25 M10.18 M11.28 M11.57 M
Trade and Non Trade Payables10.39 M15.01 M16.23 M5.79 M7.62 M11.52 M
Property Plant and Equipment Net52.79 M45.48 M56.22 M11.41 M7.34 M7.53 M
Trade and Non Trade Receivables34.9 M37.05 M15.64 M11.76 M13.3 M13.65 M
Accumulated Retained Earnings Deficit(37.23 M)(107.56 M)(142.24 M)(278.69 M)(309.21 M)(317.35 M)
Tax Assets15.54 M21.82 M783 K626 K301 K308.92 K

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Is Flotek Industries' 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 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.
Market Capitalization
94.3 M
Quarterly Revenue Growth YOY
0.094
Return On Assets
-0.18
Return On Equity
-1.25
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 Flotek Industries value 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.