Flotek Research and Development Expense vs Operating Income Analysis

FTK
 Stock
  

USD 1.24  0.03  2.48%   

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 Research and Development Expense and its Operating Income accounts. Please check Investing Opportunities.

Research and Development Expense vs Operating Income

Research and Development Expense vs Operating Income Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Flotek Industries Research and Development Expense account and Operating Income. At this time, the significance of the direction appears to have strong contrarian relationship.
The correlation between Flotek Industries' Research and Development Expense and Operating Income is -0.6. Overlapping area represents the amount of variation of Research and Development Expense that can explain the historical movement of Operating Income 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' Research and Development Expense and Operating Income is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Research and Development Expense of Flotek Industries are associated (or correlated) with its Operating Income. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Operating Income has no effect on the direction of Research and Development Expense i.e., Flotek Industries' Research and Development Expense and Operating Income go up and down completely randomly.

Correlation Coefficient

-0.6
Relationship DirectionNegative 
Relationship StrengthWeak

Research and Development Expense

A component of Operating Expenses representing the aggregate costs incurred in a planned search or critical investigation aimed at discovery of new knowledge with the hope that such knowledge will be useful in developing a new product or service.

Operating Income

Operating Income is the amount of profit realized from Flotek Industries operations after accounting for operating expenses such as cost of goods sold (COGS), wages and depreciation. Operating income takes the gross income and subtracts other operating expenses and then removes depreciation. Operating Income of Flotek Industries is typically a synonym for earnings before interest and taxes (EBIT) and is also commonly referred to as operating profit or recurring profit. Operating income is a measure of financial performance before the deduction of Interest Expense; Income Tax Expense and other Non-Operating items. It is calculated as Gross Profit minus Operating Expenses.
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

Be your own money manager

Our tools can tell you how much better you can do entering a position in Flotek Industries without increasing your portfolio risk or giving up expected return. As an individual investor, you need to find a reliable way to track all your investment portfolios. However, your requirements will often be based on how much of the process you decide to do yourself. In addition to allowing all investors analytical transparency into all their portfolios, our tools can evaluate.risk-adjusted returns of your individual positions relative to your overall portfolio.

Did you try this?

Run Price Exposure Probability Now

   

Price Exposure Probability

Analyze equity upside and downside potential for a given time horizon across multiple markets
All  Next Launch Module

Becoming a Better Investor with Macroaxis

Macroaxis puts the power of mathematics on your side. We analyze your portfolios and positions such as Flotek Industries using complex mathematical models and algorithms, but make them easy to understand. There is no real person involved in your portfolio analysis. We perform a number of calculations to compute absolute and relative portfolio volatility, correlation between your assets, value at risk, expected return as well as over 100 different fundamental and technical indicators.

Build Optimal Portfolios

Align your risk with return expectations

Fix your portfolio
By capturing your risk tolerance and investment horizon Macroaxis technology of instant portfolio optimization will compute exactly how much risk is acceptable for your desired return expectations
Please check Investing Opportunities. Note that the Flotek Industries information on this page should be used as a complementary analysis to other Flotek Industries' 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 Watchlist Optimization module to optimize watchlists to build efficient portfolio or rebalance existing positions based on mean-variance optimization algorithm.

Complementary Tools for Flotek Stock analysis

When running Flotek Industries price analysis, check to measure Flotek Industries' 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 Flotek Industries is operating at the current time. Most of Flotek Industries' value examination focuses on studying past and present price action to predict the probability of Flotek Industries' future price movements. You can analyze the entity against its peers and financial market as a whole to determine factors that move Flotek Industries' price. Additionally, you may evaluate how the addition of Flotek Industries to your portfolios can decrease your overall portfolio volatility.
Technical Analysis
Check basic technical indicators and analysis based on most latest market data
Go
Money Flow Index
Determine momentum by analyzing Money Flow Index and other technical indicators
Go
Aroon Oscillator
Analyze current equity momentum using Aroon Oscillator and other momentum ratios
Go
Portfolio Diagnostics
Use generated alerts and portfolio events aggregator to diagnose current holdings
Go
Portfolio Manager
State of the art Portfolio Manager to monitor and improve performance of your invested capital
Go
Focused Opportunities
Build portfolios using our predefined set of ideas and optimize them against your investing preferences
Go
Equity Analysis
Research over 250,000 global equities including funds, stocks and ETFs to find investment opportunities
Go
Watchlist Optimization
Optimize watchlists to build efficient portfolio or rebalance existing positions based on mean-variance optimization algorithm
Go
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
92.7 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.