Championx Historical Income Statement

CHX
 Stock
  

USD 21.25  0.26  1.24%   

Historical analysis of Championx Corp income statement accounts such as Consolidated Income of 123.3 M, Cost of Revenue of 2.5 B or Earning Before Interest and Taxes EBIT of 219.7 M can show how well Championx Corp performed in making a profits. Evaluating Championx Corp income statement over time to spot trends is a great complementary tool to traditional technical analysis and can indicate the direction of Championx Corp's future profits or losses. Financial Statement Analysis is much more than just reviewing and examining Championx Corp latest 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 Income Statement Analysis

Championx Corp Income Statement consists of revenues and expenses along with the resulting net income or loss. It represents the profit for the accounting period attributable to Championx Corp shareholders. The income statement also shows Championx investors and management if the firm made money during the period reported. The result of an income statement is the net income that is calculated after subtracting the expenses from revenue. It is essential to investors both as an absolute measure as well as earnings per share (i.e., EPS).

Championx Corp Income Statement Chart

Championx Corp Income Statement is one of the three primary financial statements used for reporting Championx's overall financial performance over a current year or for a given accounting period. An Income Statement sometimes referred to as the statement of Championx Corp revenue and expense. Championx Corp Income Statement primarily focuses on the company's revenues and expenses during a particular period.
Championx Corp Direct Expenses is fairly stable at the moment as compared to the past year. Championx Corp reported Direct Expenses of 2.33 Billion in 2021. Consolidated Income is likely to rise to about 123.3 M in 2022, whereas Gross Profit is likely to drop slightly above 626.5 M in 2022.

Consolidated Income

The portion of profit or loss for the period; net of income taxes; which is attributable to the consolidated entity; before the deduction of Net Income to Non Controlling Interests.

Earning Before Interest and Taxes EBIT

Earnings Before Interest and Tax is calculated by adding Income Tax Expense and Interest Expense back to Net Income.

Net Income

Net income is one of the most important fundamental items in finance. It plays a large role in Championx Corp financial statement analysis. It represents the amount of money remaining after all of Championx Corp operating expenses, interest, taxes and preferred stock dividends have been deducted from a company total revenue. The portion of profit or loss for the period; net of income taxes; which is attributable to the parent after the deduction of Net Income to Non Controlling Interests from Consolidated Income; and before the deduction of Preferred Dividends.

Revenues

Revenues refers to the total amount of money received by Championx Corp for goods sold or services provided during a certain time period. It also includes all of Championx Corp sales as well as any other increase in Championx Corp equity.Revenues are reported on Championx Corp 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 accounts from Championx Corp income statement are interrelated and interconnected. However, analyzing income statement accounts 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 income statement accounts, 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 Direct Expenses is fairly stable at the moment as compared to the past year. Championx Corp reported Direct Expenses of 2.33 Billion in 2021. Consolidated Income is likely to rise to about 123.3 M in 2022, whereas Gross Profit is likely to drop slightly above 626.5 M in 2022.
 2019 2020 2021 2022 (projected)
Interest Expense39.3 M51.73 M51.92 M43.92 M
Gross Profit377.1 M409.17 M743.27 M626.49 M

Championx Corp income statement Correlations

Championx Corp Account Relationship Matchups

Championx Corp income statement Accounts

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
Earning Before Interest and Taxes EBIT88.29 M148.55 M97.69 M(712.6 M)203.66 M219.74 M
Earning Before Interest and Taxes USD88.29 M148.55 M97.69 M(712.6 M)203.66 M219.74 M
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
Net Income Common Stock109.59 M92.74 M52.16 M(743.93 M)113.3 M122.24 M
Net Income Common Stock USD109.59 M92.74 M52.16 M(743.93 M)113.3 M122.24 M
Net Income to Non Controlling Interests930 K454 K796 K1.58 M941 K975.56 K
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
Revenues USD1.01 B1.22 B1.13 B1.9 B3.07 B2.46 B
Selling General and Administrative Expense221.41 M263.96 M274.27 M463.77 M570.36 M489.77 M
Weighted Average Shares Diluted77.89 M77.69 M77.62 M148.37 M208.32 M174.03 M
Income Tax Expense(22.16 M)28.16 M6.23 M(20.4 M)38.45 M41.48 M

Championx Corp Investors Sentiment

The influence of Championx Corp's investor sentiment on the probability of its price appreciation or decline could be a good factor in your decision-making process regarding taking a position in Championx. The overall investor sentiment generally increases the direction of a stock movement in a one-year investment horizon. However, the impact of investor sentiment on the entire stock markets does not have a solid backing from leading economists and market statisticians.
Investor biases related to Championx Corp's public news can be used to forecast risks associated with investment in Championx. The trend in average sentiment can be used to explain how an investor holding Championx can time the market purely based on public headlines and social activities around Championx Corp. Please note that most equiteis that are difficult to arbitrage are affected by market sentiment the most.
Championx Corp's market sentiment shows the aggregated news analyzed to detect positive and negative mentions from the text and comments. The data is normalized to provide daily scores for Championx Corp's and other traded tickers. The bigger the bubble, the more accurate is the estimated score. Higher bars for a given day show more participation in the average Championx Corp's news discussions. The higher the estimate score, the more favorable is the investor's outlook on Championx Corp.

Championx Corp Implied Volatility

    
  42.16  
Championx Corp's implied volatility exposes the market's sentiment of Championx Corp stock's possible movements over time. However, it does not forecast the overall direction of its price. In a nutshell, if Championx Corp's implied volatility is high, the market thinks the stock has potential for high price swings in either direction. On the other hand, the low implied volatility suggests that Championx Corp stock will not fluctuate a lot when Championx Corp's options are near their expiration.
Some investors attempt to determine whether the market's mood is bullish or bearish by monitoring changes in market sentiment. Unlike more traditional methods such as technical analysis, investor sentiment usually refers to the aggregate attitude towards Championx Corp in the overall investment community. So, suppose investors can accurately measure the market's sentiment. In that case, they can use it for their benefit. For example, some tools to gauge market sentiment could be utilized using contrarian indexes, Championx Corp's short interest history, or implied volatility extrapolated from Championx Corp options trading.

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 Premium Stories module to follow Macroaxis premium stories from verified contributors across different equity types, categories and coverage scope.

Complementary Tools for Championx Stock analysis

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
4.3 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.