Flotek Historical Balance Sheet

FTK
 Stock
  

USD 1.24  0.04  3.33%   

Trend analysis of Flotek Industries balance sheet accounts such as Accounts Payable of 7.8 M or Accumulated Other Comprehensive Income of 87.4 K provides information on Flotek Industries' total assets, liabilities, and equity, which is the actual value of Flotek Industries to its prevalent stockholders. By breaking down trends over time using Flotek Industries balance sheet statements, investors will see what precisely the company owns and what it owes to creditors or other parties at the end of each accounting year. Financial Statement Analysis is much more than just reviewing and breaking down Flotek Industries prevalent 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 Flotek Industries is a good buy for the upcoming year.
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About Flotek Balance Sheet Analysis

Balance Sheet is a snapshot of the financial position of Flotek Industries at a specified time, usually calculated after every quarter, six months, or one year. Flotek Industries Balance Sheet has two main parts: assets and liabilities. Liabilities are the debts or obligations of Flotek Industries and are divided into current liabilities and long term liabilities. An asset, on the other hand, is anything of value that can be converted into cash and which Flotek currently owns. An asset can also be divided into two categories, current and non-current.

Flotek Industries Balance Sheet Chart

Flotek Industries Balance Sheet is one of the main financial statements that report all assets, liabilities, and shareholders' equity for the current year. It provides a basis for different types of computing rates of return, such as return on equity (ROE) or return on asset (ROA), as well as shows how Flotek Industries uses and utilizes its capital. It also shows what exactly a company owns and owes.
Flotek Industries Accumulated Other Comprehensive Income is increasing as compared to previous years. The last year's value of Accumulated Other Comprehensive Income was reported at 81,000. The current Total Assets is estimated to increase to about 51.6 M, while Accumulated Retained Earnings Deficit are projected to decrease to (317.4 M).

Total Assets

Total assets refers to the total amount of Flotek Industries assets owned. Assets are items that have some economic value and are expended over time to create a benefit for the owner. These assets are usually recorded in Flotek Industries books under different categories such as cash, marketable securities, accounts receivable,prepaid expenses, inventory, fixed assets, intangible assets, other assets, marketable securities, accounts receivable, prepaid expenses and others. Sum of the carrying amounts as of the balance sheet date of all assets that are recognized. Major components are Cash and Equivalents; [Investments]; Goodwill and Intangible Assets; Property Plant and Equipment Net; Tax Assets and Trade and Non Trade Receivables.

Current Assets

Current assets of Flotek Industries include cash, cash equivalents, short-term investments, accounts receivable, stock inventory and the portion of prepaid liabilities which will be paid within a year. Depending on the nature of the business, current assets can range from barrels of crude oil, to baked goods, to foreign currency. Current assets are important because they are the assets that are used to fund day-to-day operations of Flotek Industries. The current portion of Total Assets; reported if a company operates a classified balance sheet that segments current and non-current assets.

Shareholders Equity

A principal component of the balance sheet; in addition to Total Liabilities and Total Assets; that represents the total of all stockholders' equity (deficit) items; net of receivables from officers; directors; owners; and affiliates of the entity which are attributable to the parent.

Total Liabilities

Deferred Income Tax is recorded on Flotek Industries balance sheet and a result of income already earned and recognized for accounting, but not tax, purposes. Also, differences between tax laws and accounting methods can result in a temporary difference in the amount of income tax payable by a company. This difference is recorded on Flotek Industries books as deferred income tax. Sum of the carrying amounts as of the balance sheet date of all liabilities that are recognized. Principal components are Total Debt; Deferred Revenue; Trade and Non Trade Payables; Deposit Liabilities; and Tax Liabilities.
Most accounts from Flotek Industries balance sheet are interrelated and interconnected. However, analyzing balance sheet accounts 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 balance sheet accounts, 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 Accumulated Other Comprehensive Income is increasing as compared to previous years. The last year's value of Accumulated Other Comprehensive Income was reported at 81,000. The current Total Assets is estimated to increase to about 51.6 M, while Accumulated Retained Earnings Deficit are projected to decrease to (317.4 M).
 2019 2020 2021 2022 (projected)
Receivables15.64 M11.76 M13.3 M13.65 M
Inventories21.7 M11.84 M9.45 M9.7 M

Flotek Industries balance sheet Correlations

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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 balance sheet 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 K279 K286.34 K

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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 Fundamentals Comparison module to compare fundamentals across multiple equities to find investing opportunities.

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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
95 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.