Championx Historical Financial Ratios

CHX
 Stock
  

USD 20.72  0.23  1.12%   

Championx Corp is presently reporting on over 70 different financial statement accounts. To analyze all of these accounts together requires a lot of time and effort. However, using these accounts to derive some meaningful and actionable indicators such as Long Term Debt to Equity of 0.36, Calculated Tax Rate of 24.45 or PPandE Turnover of 4.53 will help investors to properly organize and evaluate Championx Corp financial condition quickly. Financial Statement Analysis is way more than just reviewing and evaluating Championx Corp prevailing accounting reports to predict its past. Macroaxis encourages investors to analyze financial statements over time for various trends across multiple indicators and accounts to determine whether Championx Corp is a good buy for the upcoming year.
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About Championx Financial Ratios Analysis

Championx CorpFinancial ratios are relationships based on a company's financial information. They can serve as useful tools to evaluate Championx Corp investment potential. Financial ratio analysis can also be defined as the process of presenting financial ratios, which are mathematical indicators calculated by comparing key financial information appearing on Championx financial statements. Financial ratios are useful tools that help investors analyze and compare relationships between different pieces of financial information across Championx Corp history.

Championx Corp Financial Ratios Chart

Championx Corp financial ratios usually calculated using numerical values taken directly from Championx Corp financial statements such as income statements or balance sheets. They help investors to obtain meaningful information about Championx Corp. Most financial ratios help to conduct quantitative analysis to assess vital information about the company's valuation as well as profitability and liquidity indicators such as leverage, growth, profit margins, and different types of rates of return.
Championx Corp Total Assets Per Share are fairly stable at the moment as compared to the past year. Championx Corp reported Total Assets Per Share of 17.42 in 2021. Quick Ratio is likely to rise to 1.29 in 2022, whereas Long Term Debt to Equity is likely to drop 0.36 in 2022.

Return on Average Assets

Return on assets measures how profitable a company is Net Income Common Stock relative to its total assets [AssetsAvg].

Return on Average Equity

Return on equity measures a corporation's profitability by calculating the amount of Net Income Common Stock returned as a percentage of [EquityAvg].

Return on Sales

Return on Sales is a ratio to evaluate a company's operational efficiency; calculated by dividing Earning Before Interest and Taxes EBIT by Revenues. ROS is often a component of DuPont ROE analysis.
Most ratios from Championx Corp fundamentals are interrelated and interconnected. However, analyzing fundamentals ratios one by one will only give a small insight into Championx Corp current financial condition. On the other hand, looking into the entire matrix of fundamentals ratios, and analyzing their relationships over time can provide a more complete picture of the company financial strength now and in the future. Continue to Trending Equities.Championx Corp Total Assets Per Share are fairly stable at the moment as compared to the past year. Championx Corp reported Total Assets Per Share of 17.42 in 2021. Quick Ratio is likely to rise to 1.29 in 2022, whereas Long Term Debt to Equity is likely to drop 0.36 in 2022.
 2019 2020 2021 2022 (projected)
Long Term Debt to Equity0.540.560.390.36
Interest Coverage2.573.333.833.93

Championx Corp fundamentals Correlations

-0.92-0.190.610.83-0.790.95-0.710.350.860.360.73-0.790.70.78-0.720.960.92-0.970.410.210.210.080.29-0.650.56
-0.920.09-0.41-0.850.69-0.840.74-0.33-0.67-0.35-0.590.7-0.55-0.590.55-0.89-0.830.96-0.37-0.17-0.17-0.14-0.310.52-0.47
-0.190.09-0.09-0.020.15-0.080.060.02-0.12-0.09-0.12-0.04-0.14-0.130.13-0.16-0.050.13-0.05-0.24-0.24-0.13-0.120.550.32
0.61-0.41-0.090.59-0.840.740.050.760.820.730.97-0.530.940.84-0.60.650.72-0.60.80.660.660.520.67-0.550.79
0.83-0.85-0.020.59-0.580.81-0.360.520.570.560.64-0.490.550.65-0.30.710.67-0.790.520.40.40.190.39-0.520.43
-0.790.690.15-0.84-0.58-0.870.38-0.55-0.94-0.52-0.950.82-0.97-0.860.87-0.9-0.930.86-0.62-0.4-0.4-0.42-0.560.57-0.82
0.95-0.84-0.080.740.81-0.87-0.560.380.90.360.84-0.870.820.92-0.790.960.95-0.920.430.210.210.070.28-0.590.67
-0.710.740.060.05-0.360.38-0.560.22-0.490.22-0.150.65-0.17-0.280.58-0.69-0.630.710.150.370.360.30.180.3-0.21
0.35-0.330.020.760.52-0.550.380.220.490.970.71-0.050.660.37-0.150.350.4-0.420.990.940.940.870.95-0.50.68
0.86-0.67-0.120.820.57-0.940.9-0.490.490.440.9-0.830.920.87-0.90.910.96-0.850.560.320.330.270.45-0.610.82
0.36-0.35-0.090.730.56-0.520.360.220.970.440.68-0.020.620.33-0.080.330.38-0.420.970.950.950.890.96-0.450.56
0.73-0.59-0.120.970.64-0.950.84-0.150.710.90.68-0.680.990.88-0.730.80.85-0.760.760.580.580.510.66-0.590.83
-0.790.7-0.04-0.53-0.490.82-0.870.65-0.05-0.83-0.02-0.68-0.72-0.810.91-0.88-0.920.81-0.120.170.160.11-0.040.27-0.62
0.7-0.55-0.140.940.55-0.970.82-0.170.660.920.620.99-0.720.88-0.790.80.86-0.740.720.530.530.490.63-0.570.84
0.78-0.59-0.130.840.65-0.860.92-0.280.370.870.330.88-0.810.88-0.80.830.84-0.740.420.250.250.060.25-0.580.68
-0.720.550.13-0.6-0.30.87-0.790.58-0.15-0.9-0.08-0.730.91-0.79-0.8-0.86-0.890.74-0.230.020.02-0.03-0.160.45-0.69
0.96-0.89-0.160.650.71-0.90.96-0.690.350.910.330.8-0.880.80.83-0.860.97-0.980.420.190.190.150.33-0.630.68
0.92-0.83-0.050.720.67-0.930.95-0.630.40.960.380.85-0.920.860.84-0.890.97-0.940.470.190.20.20.38-0.510.76
-0.970.960.13-0.6-0.790.86-0.920.71-0.42-0.85-0.42-0.760.81-0.74-0.740.74-0.98-0.94-0.48-0.25-0.25-0.23-0.40.61-0.64
0.41-0.37-0.050.80.52-0.620.430.150.990.560.970.76-0.120.720.42-0.230.420.47-0.480.930.930.880.96-0.540.71
0.21-0.17-0.240.660.4-0.40.210.370.940.320.950.580.170.530.250.020.190.19-0.250.931.00.880.92-0.560.44
0.21-0.17-0.240.660.4-0.40.210.360.940.330.950.580.160.530.250.020.190.2-0.250.931.00.880.92-0.570.45
0.08-0.14-0.130.520.19-0.420.070.30.870.270.890.510.110.490.06-0.030.150.2-0.230.880.880.880.97-0.30.47
0.29-0.31-0.120.670.39-0.560.280.180.950.450.960.66-0.040.630.25-0.160.330.38-0.40.960.920.920.97-0.420.59
-0.650.520.55-0.55-0.520.57-0.590.3-0.5-0.61-0.45-0.590.27-0.57-0.580.45-0.63-0.510.61-0.54-0.56-0.57-0.3-0.42-0.41
0.56-0.470.320.790.43-0.820.67-0.210.680.820.560.83-0.620.840.68-0.690.680.76-0.640.710.440.450.470.59-0.41
Click cells to compare fundamentals

Championx Corp Account Relationship Matchups

Championx Corp fundamentals Accounts

201720182019202020212022 (projected)
Long Term Debt to Equity0.0022880.680.540.560.390.36
Operating Margin9.812.638.94(37.47)5.626.06
Revenue to Assets0.530.620.590.550.870.71
Quick Ratio1.441.411.241.211.031.29
Book Value per Share21.1512.5913.3410.968.7810.72
Current Ratio2.932.492.472.031.822.0
Debt to Equity Ratio0.161.020.861.151.010.95
EBITDA Margin0.120.20.220.19(0.26)0.14
Earnings per Basic Share1.421.20.67(5.01)0.560.61
Earnings per Diluted Share1.411.190.67(5.01)0.540.58
Earnings per Basic Share USD1.421.20.67(5.01)0.560.61
Free Cash Flow per Share0.561.391.561.851.571.62
Gross Margin0.320.340.330.220.240.25
Profit Margin0.110.0760.046(0.39)0.0370.0399
Return on Sales0.0870.120.086(0.37)0.0660.0712
Sales per Share13.0715.7514.6112.8115.2615.86
Tangible Assets Book Value per Share8.5110.149.9815.6112.0612.48

Be your own money manager

Our tools can tell you how much better you can do entering a position in Championx Corp 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.

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Pair Trading with Championx Corp

One of the main advantages of trading using pair correlations is that every trade hedges away some risk. Because there are two separate transactions required, even if Championx Corp position performs unexpectedly, the other equity can make up some of the losses. Pair trading also minimizes risk from directional movements in the market. For example, if an entire industry or sector drops because of unexpected headlines, the short position in Championx Corp will appreciate offsetting losses from the drop in the long position's value.

Moving together with Championx Corp

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The ability to find closely correlated positions to Championx Corp could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Championx Corp when you sell it. If you don't do this, your portfolio allocation will be skewed against your target asset allocation. So, investors can't just sell and buy back Championx Corp - that would be a violation of the tax code under the "wash sale" rule, and this is why you need to find a similar enough asset and use the proceeds from selling Championx Corp to buy it.
The correlation of Championx Corp is a statistical measure of how it moves in relation to other equities. This measure is expressed in what is known as the correlation coefficient, which ranges between -1 and +1. A perfect positive correlation (i.e., a correlation coefficient of +1) implies that as Championx Corp moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Championx Corp moves in either direction, the perfectly negatively correlated security will move in the opposite direction. If the correlation is 0, the equities are not correlated; they are entirely random. A correlation greater than 0.8 is generally described as strong, whereas a correlation less than 0.5 is generally considered weak.
Correlation analysis and pair trading evaluation for Championx Corp can also be used as hedging techniques within a particular sector or industry or even over random equities to generate a better risk-adjusted return on your portfolios.
Pair CorrelationCorrelation Matching
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 Money Managers module to screen money managers from public funds and ETFs managed around the world.

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When running Championx Corp price analysis, check to measure Championx Corp's 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 Championx Corp is operating at the current time. Most of Championx Corp's value examination focuses on studying past and present price action to predict the probability of Championx Corp's future price movements. You can analyze the entity against its peers and financial market as a whole to determine factors that move Championx Corp's price. Additionally, you may evaluate how the addition of Championx Corp to your portfolios can decrease your overall portfolio volatility.
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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
4.2 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.