Flotek Ptb Ratio vs Days Sales Outstanding Analysis

FTK Stock  USD 8.50  0.26  3.16%   
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 Ptb Ratio and its Days Sales Outstanding accounts. Check out Investing Opportunities to better understand how to build diversified portfolios, which includes a position in Flotek Industries. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in estimate.
For more information on how to buy Flotek Stock please use our How to buy in Flotek Stock guide.

Ptb Ratio vs Days Sales Outstanding

Ptb Ratio vs Days Sales Outstanding Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Flotek Industries Ptb Ratio account and Days Sales Outstanding. At this time, the significance of the direction appears to have very week relationship.
The correlation between Flotek Industries' Ptb Ratio and Days Sales Outstanding is 0.2. Overlapping area represents the amount of variation of Ptb Ratio that can explain the historical movement of Days Sales Outstanding 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' Ptb Ratio and Days Sales Outstanding is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Ptb Ratio of Flotek Industries are associated (or correlated) with its Days Sales Outstanding. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Days Sales Outstanding has no effect on the direction of Ptb Ratio i.e., Flotek Industries' Ptb Ratio and Days Sales Outstanding go up and down completely randomly.

Correlation Coefficient

0.2
Relationship DirectionPositive 
Relationship StrengthVery Weak

Ptb Ratio

Price-to-Book ratio, a financial valuation metric used to compare a company's current market price to its book value. It provides insight into the value that market participants place on the company's equity relative to its net asset value.

Days Sales Outstanding

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. Check out Investing Opportunities to better understand how to build diversified portfolios, which includes a position in Flotek Industries. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in estimate.
For more information on how to buy Flotek Stock please use our How to buy in Flotek Stock guide.At this time, Flotek Industries' Selling General Administrative is quite stable compared to the past year. Discontinued Operations is expected to rise to about 50.9 M this year, although Enterprise Value Multiple will most likely fall to 2.85.
 2021 2022 2023 2024 (projected)
Interest Expense78K7.1M2.9M4.2M
Depreciation And Amortization1.3M4.3M8.8M7.4M

Flotek Industries fundamental ratios Correlations

0.350.370.470.950.940.370.66-0.170.96-0.09-0.170.84-0.49-0.080.470.910.090.60.960.90.24-0.490.820.520.81
0.35-0.050.710.040.220.780.04-0.020.310.25-0.020.52-0.340.330.550.25-0.020.930.220.350.68-0.340.410.40.19
0.37-0.05-0.180.390.5-0.460.240.660.29-0.670.660.03-0.440.020.390.360.080.10.460.42-0.35-0.440.21-0.160.26
0.470.71-0.180.270.270.67-0.06-0.210.410.38-0.210.59-0.42-0.120.050.290.360.70.320.470.95-0.420.230.630.17
0.950.040.390.270.940.140.72-0.180.9-0.22-0.180.71-0.38-0.250.330.890.050.30.950.850.04-0.380.750.370.81
0.940.220.50.270.940.20.81-0.070.91-0.35-0.070.69-0.37-0.230.480.94-0.140.430.970.820.05-0.370.850.280.86
0.370.78-0.460.670.140.20.14-0.650.430.6-0.650.64-0.160.120.370.36-0.050.730.240.210.71-0.160.50.460.36
0.660.040.24-0.060.720.810.14-0.20.67-0.44-0.20.40.21-0.350.430.76-0.650.150.710.53-0.170.210.78-0.080.81
-0.17-0.020.66-0.21-0.18-0.07-0.65-0.2-0.31-0.621.0-0.4-0.160.230.07-0.280.08-0.03-0.110.08-0.3-0.16-0.31-0.22-0.36
0.960.310.290.410.90.910.430.67-0.310.04-0.310.86-0.39-0.120.390.950.030.570.950.730.22-0.390.810.530.9
-0.090.25-0.670.38-0.22-0.350.6-0.44-0.620.04-0.620.33-0.10.31-0.23-0.130.410.27-0.2-0.270.45-0.1-0.110.59-0.11
-0.17-0.020.66-0.21-0.18-0.07-0.65-0.21.0-0.31-0.62-0.4-0.160.230.07-0.280.08-0.03-0.110.08-0.3-0.16-0.31-0.22-0.36
0.840.520.030.590.710.690.640.4-0.40.860.33-0.4-0.50.110.420.760.190.720.740.670.38-0.50.730.750.69
-0.49-0.34-0.44-0.42-0.38-0.37-0.160.21-0.16-0.39-0.1-0.16-0.5-0.33-0.27-0.34-0.72-0.5-0.46-0.55-0.221.0-0.31-0.53-0.13
-0.080.330.02-0.12-0.25-0.230.12-0.350.23-0.120.310.230.11-0.330.46-0.180.260.37-0.14-0.01-0.19-0.330.020.31-0.23
0.470.550.390.050.330.480.370.430.070.39-0.230.070.42-0.270.460.46-0.260.590.430.52-0.06-0.270.660.020.38
0.910.250.360.290.890.940.360.76-0.280.95-0.13-0.280.76-0.34-0.180.46-0.120.460.940.70.1-0.340.850.350.94
0.09-0.020.080.360.05-0.14-0.05-0.650.080.030.410.080.19-0.720.26-0.26-0.120.120.020.160.27-0.72-0.30.55-0.28
0.60.930.10.70.30.430.730.15-0.030.570.27-0.030.72-0.50.370.590.460.120.480.540.59-0.50.550.60.38
0.960.220.460.320.950.970.240.71-0.110.95-0.2-0.110.74-0.46-0.140.430.940.020.480.820.09-0.460.810.430.84
0.90.350.420.470.850.820.210.530.080.73-0.270.080.67-0.55-0.010.520.70.160.540.820.23-0.550.70.410.53
0.240.68-0.350.950.040.050.71-0.17-0.30.220.45-0.30.38-0.22-0.19-0.060.10.270.590.090.23-0.220.050.460.02
-0.49-0.34-0.44-0.42-0.38-0.37-0.160.21-0.16-0.39-0.1-0.16-0.51.0-0.33-0.27-0.34-0.72-0.5-0.46-0.55-0.22-0.31-0.53-0.13
0.820.410.210.230.750.850.50.78-0.310.81-0.11-0.310.73-0.310.020.660.85-0.30.550.810.70.05-0.310.270.81
0.520.4-0.160.630.370.280.46-0.08-0.220.530.59-0.220.75-0.530.310.020.350.550.60.430.410.46-0.530.270.23
0.810.190.260.170.810.860.360.81-0.360.9-0.11-0.360.69-0.13-0.230.380.94-0.280.380.840.530.02-0.130.810.23
Click cells to compare fundamentals

Flotek Industries Account Relationship Matchups

Flotek Industries fundamental ratios Accounts

201920202021202220232024 (projected)
Total Assets231.8M86.2M50.2M164.8M157.5M176.5M
Short Long Term Debt Total17.7M14.8M13.3M119.6M17.9M17.0M
Other Current Liab24.6M17.6M8.3M3.2M5.3M7.9M
Total Current Liabilities41.3M28.9M18.8M151.4M47.8M40.7M
Total Stockholder Equity173.3M47.2M20.2M2.6M102.0M100.1M
Property Plant And Equipment Net56.2M11.4M7.3M10.7M10.2M9.7M
Net Debt(82.9M)(23.9M)1.7M107.3M12.0M11.4M
Retained Earnings(139.8M)(278.7M)(309.2M)(351.5M)(326.8M)(310.5M)
Cash100.6M38.7M11.5M12.3M5.9M11.5M
Non Current Assets Total79.5M19.8M7.6M83.7M81.1M95.3M
Non Currrent Assets Other(76.5M)33K29K72.6M70.6M74.1M
Cash And Short Term Investments100.6M38.7M11.5M12.3M5.9M11.5M
Net Receivables16.3M12.2M13.3M48.9M54.1M29.9M
Common Stock Shares Outstanding9.8M11.4M12.2M12.4M28.4M29.8M
Liabilities And Stockholders Equity231.8M86.2M50.2M164.8M157.5M176.5M
Non Current Liabilities Total17.2M10.2M11.3M10.8M7.8M7.4M
Inventory21.7M11.8M9.5M15.7M12.8M12.2M
Other Stockholder Equity314.1M325.9M329.3M353.9M428.6M450.1M
Total Liab58.6M39.0M30.1M162.2M55.6M76.3M
Property Plant And Equipment Gross56.2M11.4M18.4M22.2M22.1M38.1M
Total Current Assets152.4M66.5M42.6M81.1M76.4M81.2M
Accumulated Other Comprehensive Income(966K)(19K)81K181K127K133.4K
Short Term Debt541K5.4M2.7M112.1M10.1M15.9M
Accounts Payable16.2M5.8M7.6M33.4M31.7M33.3M
Other Current Assets13.2M3.8M8.3M4.1M3.7M5.0M
Intangible Assets48.2M26.8M23.1M8.1M9.3M8.8M
Property Plant Equipment56.2M11.4M7.3M10.7M12.3M11.7M
Other Assets152K2.6M308K421K484.2K459.9K
Treasury Stock(33.2M)(33.5M)(33.9M)(34.1M)(30.7M)(29.2M)
Net Tangible Assets151.7M39.1M20.2M2.6M2.3M2.2M
Retained Earnings Total Equity(37.2M)(107.6M)(278.7M)(351.5M)(316.4M)(300.5M)
Long Term Debt Total158K1.7M3.4M2.8M2.5M2.4M

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When determining whether Flotek Industries is a good investment, qualitative aspects like company management, corporate governance, and ethical practices play a significant role. A comparison with peer companies also provides context and helps to understand if Flotek Stock is undervalued or overvalued. This multi-faceted approach, blending both quantitative and qualitative analysis, forms a solid foundation for making an informed investment decision about Flotek Industries Stock. Highlighted below are key reports to facilitate an investment decision about Flotek Industries Stock:
Check out Investing Opportunities to better understand how to build diversified portfolios, which includes a position in Flotek Industries. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in estimate.
For more information on how to buy Flotek Stock please use our How to buy in Flotek Stock guide.
You can also try the Global Markets Map module to get a quick overview of global market snapshot using zoomable world map. Drill down to check world indexes.
Is Specialty Chemicals 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 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.
Quarterly Earnings Growth
1
Earnings Share
0.24
Revenue Per Share
6.052
Quarterly Revenue Growth
0.052
Return On Assets
0.0255
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 if Flotek Industries is a good investment 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.