Liberty Ebit vs Operating Income Analysis

LBRT Stock

USD 18.44 0.04 0.22%

Liberty Oilfield financial indicator trend analysis is infinitely more than just investigating Liberty Oilfield Services recent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Liberty Oilfield Services is a good investment. Please check the relationship between Liberty Oilfield Ebit and its Operating Income accounts. Check out Correlation Analysis to better understand how to build diversified portfolios, which includes a position in Liberty Oilfield Services. 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.

Ebit vs Operating Income

Ebit vs Operating Income Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Liberty Oilfield Services Ebit account and Operating Income. At this time, the significance of the direction appears to have almost identical trend.

The correlation between Liberty Oilfield's Ebit and Operating Income is 0.95. Overlapping area represents the amount of variation of Ebit that can explain the historical movement of Operating Income in the same time period over historical financial statements of Liberty Oilfield Services, assuming nothing else is changed. The correlation between historical values of Liberty Oilfield's Ebit and Operating Income is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Ebit of Liberty Oilfield Services are associated (or correlated) with its Operating Income. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Operating Income has no effect on the direction of Ebit i.e., Liberty Oilfield's Ebit and Operating Income go up and down completely randomly.

Correlation Coefficient

0.95

Relationship Direction	Positive
Relationship Strength	Very Strong

View All Relationships

Ebit

Operating Income

Operating Income is the amount of profit realized from Liberty Oilfield Services operations after accounting for operating expenses such as cost of goods sold (COGS), wages and depreciation. Operating income takes the gross income and subtracts other operating expenses and then removes depreciation. Operating Income of Liberty Oilfield Services is typically a synonym for earnings before interest and taxes (EBIT) and is also commonly referred to as operating profit or recurring profit. Earnings before interest and taxes (EBIT), representing the amount of profit a company generates from its operations.

Most indicators from Liberty Oilfield's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Liberty Oilfield Services 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 Correlation Analysis to better understand how to build diversified portfolios, which includes a position in Liberty Oilfield Services. 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.

At this time, Liberty Oilfield's Tax Provision is comparatively stable compared to the past year. Sales General And Administrative To Revenue is likely to gain to 0.07 in 2024, whereas Selling General Administrative is likely to drop slightly above 116.1 M in 2024.

	2021	2022	2023	2024 (projected)
Depreciation And Amortization	266.6M	326.8M	421.5M	442.6M
Interest Income	2K	373K	1.3M	1.2M

Depreciation And Amortization Interest Income

Liberty Oilfield fundamental ratios Correlations

	Total Assets	Short Long Term Debt Total	Other Current Liab	Total Current Liabilities	Total Stockholder Equity	Net Tangible Assets	Property Plant And Equipment Net	Net Debt	Accounts Payable	Cash	Non Current Assets Total	Long Term Debt	Cash And Short Term Investments	Net Receivables	Common Stock Total Equity	Common Stock Shares Outstanding	Long Term Debt Total	Non Current Liabilities Total	Inventory	Other Current Assets	Other Stockholder Equity	Total Liab	Property Plant And Equipment Gross	Short Long Term Debt	Total Current Assets	Short Term Debt
Total Assets		0.95	0.83	0.98	0.92	0.93	1.0	0.78	0.97	0.52	1.0	0.63	0.52	0.98	-0.61	0.62	0.8	0.85	0.99	0.92	0.94	0.98	0.8	-0.81	0.99	0.67
Short Long Term Debt Total	0.95		0.77	0.94	0.88	0.89	0.94	0.91	0.92	0.34	0.94	0.72	0.34	0.96	-0.45	0.63	0.91	0.88	0.96	0.87	0.81	0.98	0.8	-0.7	0.94	0.62
Other Current Liab	0.83	0.77		0.91	0.76	0.77	0.82	0.68	0.89	0.32	0.82	0.63	0.32	0.86	-0.43	0.7	0.66	0.68	0.82	0.75	0.85	0.86	0.63	-0.73	0.83	0.3
Total Current Liabilities	0.98	0.94	0.91		0.9	0.92	0.97	0.81	0.99	0.42	0.97	0.68	0.42	0.98	-0.56	0.7	0.79	0.83	0.98	0.9	0.94	0.99	0.76	-0.78	0.97	0.58
Total Stockholder Equity	0.92	0.88	0.76	0.9		1.0	0.92	0.75	0.9	0.42	0.92	0.59	0.42	0.9	-0.6	0.61	0.71	0.95	0.91	0.98	0.86	0.91	0.95	-0.74	0.9	0.65
Net Tangible Assets	0.93	0.89	0.77	0.92	1.0		0.93	0.75	0.91	0.43	0.93	0.6	0.43	0.91	-0.61	0.61	0.71	0.94	0.92	0.98	0.88	0.91	0.93	-0.75	0.91	0.66
Property Plant And Equipment Net	1.0	0.94	0.82	0.97	0.92	0.93		0.78	0.97	0.49	1.0	0.59	0.49	0.97	-0.62	0.62	0.78	0.84	0.98	0.91	0.94	0.98	0.81	-0.79	0.97	0.7
Net Debt	0.78	0.91	0.68	0.81	0.75	0.75	0.78		0.8	-0.08	0.79	0.65	-0.08	0.81	-0.23	0.68	0.83	0.75	0.81	0.71	0.64	0.85	0.69	-0.4	0.74	0.53
Accounts Payable	0.97	0.92	0.89	0.99	0.9	0.91	0.97	0.8		0.4	0.97	0.64	0.4	0.96	-0.62	0.72	0.73	0.79	0.98	0.88	0.96	0.97	0.73	-0.74	0.95	0.64
Cash	0.52	0.34	0.32	0.42	0.42	0.43	0.49	-0.08	0.4		0.48	0.24	1.0	0.47	-0.57	-0.02	0.28	0.41	0.47	0.49	0.49	0.43	0.36	-0.78	0.57	0.28
Non Current Assets Total	1.0	0.94	0.82	0.97	0.92	0.93	1.0	0.79	0.97	0.48		0.59	0.48	0.97	-0.62	0.62	0.78	0.84	0.98	0.91	0.94	0.98	0.81	-0.79	0.97	0.71
Long Term Debt	0.63	0.72	0.63	0.68	0.59	0.6	0.59	0.65	0.64	0.24	0.59		0.24	0.75	0.03	0.32	0.85	0.68	0.7	0.63	0.54	0.71	0.46	-0.67	0.71	0.07
Cash And Short Term Investments	0.52	0.34	0.32	0.42	0.42	0.43	0.49	-0.08	0.4	1.0	0.48	0.24		0.47	-0.57	-0.02	0.28	0.41	0.47	0.49	0.49	0.43	0.36	-0.78	0.57	0.28
Net Receivables	0.98	0.96	0.86	0.98	0.9	0.91	0.97	0.81	0.96	0.47	0.97	0.75	0.47		-0.52	0.65	0.87	0.87	0.99	0.92	0.9	0.99	0.78	-0.81	0.99	0.54
Common Stock Total Equity	-0.61	-0.45	-0.43	-0.56	-0.6	-0.61	-0.62	-0.23	-0.62	-0.57	-0.62	0.03	-0.57	-0.52		-0.58	-0.13	-0.46	-0.59	-0.63	-0.68	-0.52	-0.53	0.4	-0.59	-0.62
Common Stock Shares Outstanding	0.62	0.63	0.7	0.7	0.61	0.61	0.62	0.68	0.72	-0.02	0.62	0.32	-0.02	0.65	-0.58		0.45	0.54	0.67	0.62	0.61	0.67	0.54	-0.19	0.62	0.28
Long Term Debt Total	0.8	0.91	0.66	0.79	0.71	0.71	0.78	0.83	0.73	0.28	0.78	0.85	0.28	0.87	-0.13	0.45		0.82	0.82	0.74	0.59	0.87	0.68	-0.68	0.83	0.3
Non Current Liabilities Total	0.85	0.88	0.68	0.83	0.95	0.94	0.84	0.75	0.79	0.41	0.84	0.68	0.41	0.87	-0.46	0.54	0.82		0.85	0.96	0.71	0.87	0.96	-0.72	0.86	0.49
Inventory	0.99	0.96	0.82	0.98	0.91	0.92	0.98	0.81	0.98	0.47	0.98	0.7	0.47	0.99	-0.59	0.67	0.82	0.85		0.91	0.92	0.99	0.77	-0.77	0.99	0.63
Other Current Assets	0.92	0.87	0.75	0.9	0.98	0.98	0.91	0.71	0.88	0.49	0.91	0.63	0.49	0.92	-0.63	0.62	0.74	0.96	0.91		0.86	0.91	0.93	-0.76	0.92	0.57
Other Stockholder Equity	0.94	0.81	0.85	0.94	0.86	0.88	0.94	0.64	0.96	0.49	0.94	0.54	0.49	0.9	-0.68	0.61	0.59	0.71	0.92	0.86		0.89	0.68	-0.78	0.91	0.66
Total Liab	0.98	0.98	0.86	0.99	0.91	0.91	0.98	0.85	0.97	0.43	0.98	0.71	0.43	0.99	-0.52	0.67	0.87	0.87	0.99	0.91	0.89		0.8	-0.78	0.98	0.58
Property Plant And Equipment Gross	0.8	0.8	0.63	0.76	0.95	0.93	0.81	0.69	0.73	0.36	0.81	0.46	0.36	0.78	-0.53	0.54	0.68	0.96	0.77	0.93	0.68	0.8		-0.63	0.77	0.56
Short Long Term Debt	-0.81	-0.7	-0.73	-0.78	-0.74	-0.75	-0.79	-0.4	-0.74	-0.78	-0.79	-0.67	-0.78	-0.81	0.4	-0.19	-0.68	-0.72	-0.77	-0.76	-0.78	-0.78	-0.63		-0.84	-0.37
Total Current Assets	0.99	0.94	0.83	0.97	0.9	0.91	0.97	0.74	0.95	0.57	0.97	0.71	0.57	0.99	-0.59	0.62	0.83	0.86	0.99	0.92	0.91	0.98	0.77	-0.84		0.57
Short Term Debt	0.67	0.62	0.3	0.58	0.65	0.66	0.7	0.53	0.64	0.28	0.71	0.07	0.28	0.54	-0.62	0.28	0.3	0.49	0.63	0.57	0.66	0.58	0.56	-0.37	0.57

Click cells to compare fundamentals

Liberty Oilfield Account Relationship Matchups

Liberty Oilfield fundamental ratios Accounts

	2019	2020	2021	2022	2023	2024 (projected)
Total Assets	1.3B	1.9B	2.0B	2.6B	3.0B	1.7B
Short Long Term Debt Total	207.2M	211.6M	243.6M	348.9M	405.3M	236.3M
Other Current Liab	109.0M	74.3M	409.7M	276.8M	266.2M	185.7M
Total Current Liabilities	266.5M	356.1M	569.2M	649.5M	639.4M	382.4M
Total Stockholder Equity	554.8M	1.2B	1.2B	1.5B	1.8B	1.9B
Net Tangible Assets	554.8M	1.2B	1.2B	1.5B	1.7B	1.8B
Property Plant And Equipment Net	760.1M	1.2B	1.3B	1.5B	1.9B	1.0B
Net Debt	94.5M	142.6M	223.6M	305.2M	368.5M	186.5M
Accounts Payable	117.6M	193.3M	288.8M	326.8M	293.7M	175.9M
Cash	112.7M	69.0M	20.0M	43.7M	36.8M	49.8M
Non Current Assets Total	794.5M	1.3B	1.4B	1.6B	2.1B	1.1B
Long Term Debt	105.7M	105.4M	121.4M	217.4M	140M	143.1M
Cash And Short Term Investments	112.7M	69.0M	20.0M	43.7M	36.8M	49.8M
Net Receivables	252.9M	313.9M	407.5M	586.0M	587.5M	350.9M
Common Stock Total Equity	1.1M	1.8M	1.9M	1.8M	1.6M	1.5M
Common Stock Shares Outstanding	105.3M	85.2M	174.0M	189.3M	176.4M	141.0M
Long Term Debt Total	130.6M	105.4M	121.4M	217.4M	250.0M	145.2M
Liabilities And Stockholders Equity	1.3B	1.9B	2.0B	2.6B	3.0B	1.7B
Non Current Liabilities Total	235.4M	223.8M	241.0M	429.1M	552.7M	580.4M
Inventory	88.5M	118.6M	134.6M	214.5M	205.9M	112.7M
Other Current Assets	34.8M	65.6M	68.3M	112.5M	124.1M	130.3M
Other Stockholder Equity	410.6M	1.1B	1.4B	1.3B	1.1B	767.1M
Total Liab	501.9M	579.9M	810.2M	1.1B	1.2B	658.0M
Property Plant And Equipment Gross	760.1M	1.2B	1.3B	1.5B	3.4B	3.6B
Short Long Term Debt	409K	364K	1.0M	1.0M	918K	872.1K
Total Current Assets	489.0M	567.1M	630.4M	956.7M	954.3M	573.5M
Short Term Debt	39.9M	88.5M	40.8M	39.7M	67.4M	38.2M
Common Stock	1.1M	1.8M	1.9M	1.8M	1.7M	1.6M
Property Plant Equipment	760.1M	1.1B	1.3B	1.4B	1.6B	847.0M
Non Currrent Assets Other	(25.6M)	81.9M	82.3M	105.3M	159.0M	166.9M
Other Assets	34.3M	201.9M	82.9M	117.9M	135.6M	74.0M
Other Liab	68.1M	56.6M	38.1M	119.9M	137.9M	144.8M
Net Invested Capital	661.0M	1.3B	1.3B	1.7B	2.0B	1.3B
Net Working Capital	222.5M	211.0M	61.1M	307.2M	314.8M	234.1M
Noncontrolling Interest In Consolidated Entity	226.7M	159.4M	17.2M	2.3M	2.1M	2.0M
Retained Earnings	143.1M	23.3M	(156.0M)	234.5M	752.3M	789.9M
Retained Earnings Total Equity	143.1M	23.3M	(156.0M)	234.5M	211.1M	221.6M

Thematic Opportunities

Explore Investment Opportunities

Build portfolios using Macroaxis predefined set of investing ideas. Many of Macroaxis investing ideas can easily outperform a given market. Ideas can also be optimized per your risk profile before portfolio origination is invoked. Macroaxis thematic optimization helps investors identify companies most likely to benefit from changes or shifts in various micro-economic or local macro-level trends. Originating optimal thematic portfolios involves aligning investors' personal views, ideas, and beliefs with their actual investments.

Explore Investing Ideas

Additional Tools for Liberty Stock Analysis

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

Macroaxis helps investors of all levels and skills to maximize the upside of all their holdings and minimize the risk associated with market volatility, economic swings, and company-specific events. View terms and conditions

Feedback Blog

Made with optimal in San Francisco

2024 Macroaxis LLC