Coterra Net Tangible Assets vs Common Stock Analysis
CTRA Stock | USD 26.72 0.04 0.15% |
Coterra Energy financial indicator trend analysis is way more than just evaluating Coterra Energy prevailing accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Coterra Energy is a good investment. Please check the relationship between Coterra Energy Net Tangible Assets and its Common Stock accounts. Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in Coterra Energy. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in metropolitan statistical area. For information on how to trade Coterra Stock refer to our How to Trade Coterra Stock guide.
Net Tangible Assets vs Common Stock
Net Tangible Assets vs Common Stock Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Coterra Energy Net Tangible Assets account and Common Stock. At this time, the significance of the direction appears to have very strong relationship.
The correlation between Coterra Energy's Net Tangible Assets and Common Stock is 0.8. Overlapping area represents the amount of variation of Net Tangible Assets that can explain the historical movement of Common Stock in the same time period over historical financial statements of Coterra Energy, assuming nothing else is changed. The correlation between historical values of Coterra Energy's Net Tangible Assets and Common Stock 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 Tangible Assets of Coterra Energy are associated (or correlated) with its Common Stock. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Common Stock has no effect on the direction of Net Tangible Assets i.e., Coterra Energy's Net Tangible Assets and Common Stock go up and down completely randomly.
Correlation Coefficient | 0.8 |
Relationship Direction | Positive |
Relationship Strength | Strong |
Net Tangible Assets
The total assets of a company minus any intangible assets such as patents, copyrights, and goodwill; it represents the physical assets of a company.Common Stock
Most indicators from Coterra Energy's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Coterra Energy 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. Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in Coterra Energy. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in metropolitan statistical area. For information on how to trade Coterra Stock refer to our How to Trade Coterra Stock guide.At present, Coterra Energy's Selling General Administrative is projected to increase significantly based on the last few years of reporting. The current year's Sales General And Administrative To Revenue is expected to grow to 0.07, whereas Tax Provision is forecasted to decline to about 317.9 M.
2021 | 2022 | 2023 | 2024 (projected) | Interest Expense | 62M | 70M | 73M | 82.8M | Depreciation And Amortization | 693M | 1.6B | 1.6B | 1.7B |
Coterra Energy fundamental ratios Correlations
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Coterra Energy Account Relationship Matchups
High Positive Relationship
High Negative Relationship
Coterra Energy fundamental ratios Accounts
2019 | 2020 | 2021 | 2022 | 2023 | 2024 (projected) | ||
Total Assets | 4.5B | 4.5B | 19.9B | 20.2B | 20.4B | 21.4B | |
Total Current Liabilities | 241.0M | 390.2M | 1.2B | 1.2B | 1.7B | 1.7B | |
Total Stockholder Equity | 2.2B | 2.2B | 11.7B | 12.7B | 13.0B | 13.7B | |
Property Plant And Equipment Net | 3.9B | 4.0B | 17.4B | 17.5B | 18.3B | 19.2B | |
Net Debt | 1.1B | 993.8M | 2.1B | 1.6B | 1.6B | 1.6B | |
Retained Earnings | 2.1B | 2.2B | 2.6B | 4.6B | 5.4B | 5.6B | |
Cash | 200.2M | 140.1M | 1.0B | 673M | 956M | 1.0B | |
Non Current Assets Total | 3.9B | 4.1B | 17.8B | 17.9B | 18.4B | 19.3B | |
Non Currrent Assets Other | (638.8M) | (711.0M) | (2.7B) | (2.9B) | 130M | 136.5M | |
Cash And Short Term Investments | 200.2M | 140.1M | 1.0B | 673M | 956M | 1.0B | |
Net Receivables | 338.8M | 220.9M | 1.0B | 1.3B | 894M | 938.7M | |
Common Stock Shares Outstanding | 417.5M | 400.5M | 504M | 799M | 760M | 450.5M | |
Liabilities And Stockholders Equity | 4.5B | 4.5B | 19.9B | 20.2B | 20.4B | 21.4B | |
Non Current Liabilities Total | 2.1B | 1.9B | 6.9B | 6.3B | 5.7B | 6.0B | |
Inventory | 13.9M | 15.3M | 39M | 63M | 59M | 62.0M | |
Other Stockholder Equity | (40.8M) | (18.8M) | 9.0B | 7.9B | 7.6B | 8.0B | |
Total Liab | 2.3B | 2.3B | 8.2B | 7.5B | 7.4B | 7.7B | |
Total Current Assets | 568.2M | 415.7M | 2.1B | 2.2B | 2.0B | 2.1B | |
Short Long Term Debt Total | 1.3B | 1.1B | 3.2B | 2.3B | 2.5B | 2.7B | |
Other Current Liab | 129.2M | 170.5M | 1.2B | 135M | 856M | 898.8M | |
Accounts Payable | 21.7M | 11M | 94M | 803M | 60M | 102.1M | |
Other Current Assets | 1.7M | 27.9M | 7M | 165M | 106M | 111.3M | |
Common Stock | 47.7M | 47.8M | 89M | 77M | 75M | 78.8M | |
Accumulated Other Comprehensive Income | 1.4M | 2.4M | 1M | 13M | 11M | 12.0M | |
Other Liab | 842.0M | 942.0M | 3.8B | 3.8B | 4.4B | 4.6B | |
Net Tangible Assets | 2.2B | 2.2B | 11.7B | 12.7B | 14.6B | 15.3B | |
Other Assets | 27.4M | 29.5M | 389M | 82M | 73.8M | 70.1M | |
Long Term Debt | 1.1B | 945.9M | 3.1B | 2.2B | 1.6B | 1.8B | |
Common Stock Total Equity | 47.6M | 47.7M | 47.8M | 89M | 102.4M | 61.5M | |
Deferred Long Term Liab | 8.9M | 774.2M | 3.1B | 3M | 3.5M | 3.3M | |
Net Invested Capital | 3.4B | 3.3B | 3.1B | 14.8B | 15.2B | 16.0B | |
Property Plant And Equipment Gross | 3.9B | 4.1B | 21.5B | 23.3B | 25.3B | 13.3B | |
Non Current Liabilities Other | 8.6M | 197.5M | 666M | 130M | 136M | 185.9M | |
Net Working Capital | 240.2M | 25.5M | 916M | 1.0B | 355M | 463.1M | |
Property Plant Equipment | 3.9B | 4.0B | 17.4B | 17.9B | 20.5B | 21.6B | |
Capital Stock | 47.7M | 47.8M | 89M | 77M | 75M | 70.4M |
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Analyzing currently trending equities could be an opportunity to develop a better portfolio based on different market momentums that they can trigger. Utilizing the top trending stocks is also useful when creating a market-neutral strategy or pair trading technique involving a short or a long position in a currently trending equity.When determining whether Coterra Energy offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of Coterra Energy's financial statements, including income statements, balance sheets, and cash flow statements, to assess its financial health. Key financial ratios are used to gauge profitability, efficiency, and growth potential of Coterra Energy Stock. Outlined below are crucial reports that will aid in making a well-informed decision on Coterra Energy Stock:Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in Coterra Energy. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in metropolitan statistical area. For information on how to trade Coterra Stock refer to our How to Trade Coterra Stock guide.You can also try the Idea Breakdown module to analyze constituents of all Macroaxis ideas. Macroaxis investment ideas are predefined, sector-focused investing themes.
Is Oil & Gas Exploration & Production space 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 Coterra Energy. If investors know Coterra 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 Coterra Energy 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 (0.19) | Dividend Share 0.83 | Earnings Share 1.65 | Revenue Per Share 7.376 | Quarterly Revenue Growth (0.05) |
The market value of Coterra Energy is measured differently than its book value, which is the value of Coterra that is recorded on the company's balance sheet. Investors also form their own opinion of Coterra Energy's value that differs from its market value or its book value, called intrinsic value, which is Coterra Energy'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 Coterra Energy's market value can be influenced by many factors that don't directly affect Coterra Energy'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 Coterra Energy's value and its price as these two are different measures arrived at by different means. Investors typically determine if Coterra Energy is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Coterra Energy'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.