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CHX Financial Statements and Analysis

NASDAQ : CHX

ChampionX Corporation

$29.69
-0.52-1.72%
At Close 4:00 PM
69.32
BESG ScoreESG Rating

CHX FINANCIAL STATEMENTS

An instrumental part of fundamental analysis is measuring key indicators of an asset, which are the factors that can influence its value and price. However, sometimes investors show more interest in financial statements with other factors to determine whether investing in that company is the right decision. Financial statements of a company include:

  • Balance Sheet
  • Income Statement
  • Cash Flow Statement

CHX Income Statement

A company's income statement helps investors and business owners determine whether the company is profitable or losing money. Profitability is a key factor investors consider before investing in a stock. Income statements provide them with information about a company's profitability over time. The statement also enables them to observe trends in company spending and earnings since it breaks down individual costs and revenues. Income statements also provide details on where a company's money is going when it isn't profitable or its profits fluctuate.

Date2024-12-312024-09-302024-06-302024-03-312023-12-31
reported currencyUSDUSDUSDUSDUSD
calendar year20242024202420242023
periodQ4Q3Q2Q1Q4
revenue912.037M906.533M893.272M922.141M943.555M
cost of revenue600.154M608.764M608.916M622.937M661.337M
gross profit311.883M297.769M284.356M299.204M282.218M
gross profit ratio0.3420.3280.3180.3240.299
research and development expenses000053.30M
general and administrative expenses00000
selling and marketing expenses00000
selling general and administrative expenses184.722M180.501M180.449M172.414M147.415M
other expenses00-938.00K-2.927M29.267M
operating expenses184.722M180.501M180.449M172.414M147.415M
cost and expenses784.876M789.265M789.365M795.351M808.752M
interest income00000
interest expense12.375M14.137M15.421M13.935M13.808M
depreciation and amortization063.508M60.203M59.58M58.71M
ebitda127.161M181.139M164.11M186.37M222.78M
ebitda ratio0.1390.200.1840.2020.236
operating income127.161M117.268M103.907M126.79M164.07M
operating income ratio0.1390.1290.1160.1370.174
total other income expenses net-9.046M-15.523M-20.648M12.966M-7.067M
income before tax118.115M101.745M83.259M139.756M113.928M
income before tax ratio0.130.1120.0930.1520.121
income tax expense33.204M28.078M27.868M26.596M35.771M
net income82.766M72.008M52.569M112.923M77.198M
net income ratio0.0910.0790.0590.1220.082
eps0.430.380.280.590.40
eps diluted0.430.370.270.580.39
weighted average shs out190.586M190.496M190.426M190.803M193.191M
weighted average shs out dil193.487M193.362M193.257M193.964M196.649M
Graph

CHX Balance Sheet

Balance sheet summarizes a company's financials and can be used as a basis by investors to determine the value of a company. It shows the value of the stock, as well as the assets and liabilities of the company. A company's balance sheet displays how its assets are put to use and how those assets are financed, based on the liabilities section. Both investors and analysts analyze a company's balance sheet to determine how it allocates its resources.

Date2024-09-302024-06-302024-03-312023-12-312023-09-30
reported currencyUSDUSDUSDUSDUSD
calendar year20242024202420232023
periodQ3Q2Q1Q4Q3
cash and cash equivalents389.109M393.297M386.017M288.557M285.006M
short term investments00000
cash and short term investments389.109M393.297M386.017M288.557M285.006M
net receivables434.107M441.401M471.813M534.534M520.106M
inventory546.817M538.999M543.224M521.549M588.80M
other current assets68.218M71.489M75.11M65.212M91.784M
total current assets1.438B1.445B1.476B1.425B1.486B
property plant equipment net867.473M859.882M759.038M843.113M763.559M
goodwill729.783M684.567M679.704M669.064M666.108M
intangible assets270.361M229.562M240.459M243.553M256.376M
goodwill and intangible assets1.00B914.129M920.163M912.617M922.484M
long term investments02.338M-58.40M826.00K-77.457M
tax assets69.462M62.101M58.40M-826.00K77.457M
other non current assets2.33M5.704M167.584M60.555M139.465M
total non current assets1.939B1.844B1.847B1.816B1.826B
other assets00000
total assets3.378B3.289B3.323B3.242B3.311B
account payables455.485M484.472M532.205M451.68M500.021M
short term debt27.314M50.051M28.999M29.495M6.25M
tax payables00000
deferred revenue16.026M21.653M24.36M-23.292M25.875M
other current liabilities257.387M193.182M245.989M324.866M261.73M
total current liabilities740.186M727.705M807.193M782.749M793.876M
long term debt675.085M674.819M670.572M636.258M594.943M
deferred revenue non current081.951M-58.40M0-77.457M
deferred tax liabilities non current69.462M62.101M58.40M71.497M77.457M
other non current liabilities93.91M95.482M91.61M90.167M216.257M
total non current liabilities838.457M832.402M820.582M797.922M811.20M
other liabilities01.00000
capital lease obligations104.035M81.951M99.793M65.267M70.748M
total liabilities1.579B1.56B1.628B1.581B1.605B
preferred stock0182.08M433.42M302.241M483.495M
common stock1.905M1.905M1.904M1.913M1.95M
retained earnings-303.665M-357.445M-391.813M-455.676M-442.831M
accumulated other comprehensive income loss-41.752M-50.152M-43.511M-36.526M-42.614M
other total stockholders equity2.158B2.151B2.144B1.865B1.721B
total stockholders equity1.814B1.745B1.71B1.677B1.721B
total equity1.799B1.729B1.695B1.661B1.706B
total liabilities and stockholders equity3.378B3.289B3.323B3.242B3.311B
minority interest-15.293M-15.922M-15.289M-15.591M-15.351M
total investments-69.462M2.338M-58.40M826.00K-77.457M
total debt702.399M702.946M599.778M665.753M601.193M
net debt313.29M309.649M213.761M377.196M316.187M
Graph

CHX Cash Flow

A cash flow statement is regarded as a valuable indicator of profitability and the long-term outlook for a company. It assists the company in evaluating whether it has sufficient funds to cover its expenses. Essentially, a cash flow statement represents an organization's financial health. The cash flow statement, which measures the business's ability to operate in the short as well as long term, is broken down into operating, investing, and financing activities.

Date2024-09-302024-06-302024-03-312023-12-312023-09-30
reported currencyUSDUSDUSDUSDUSD
calendar year20242024202420232023
periodQ3Q2Q1Q4Q3
deferred income tax-1.718M-2.189M-12.903M-6.892M6.807M
stock based compensation6.646M6.505M6.173M6.085M6.089M
change in working capital-5.913M-63.761M38.355M33.571M14.002M
accounts receivables24.357M27.997M62.915M-15.16M-545.00K
inventory779.00K-1.024M-39.873M68.764M20.029M
accounts payables-51.496M-47.329M68.248M-46.873M-47.65M
other working capital20.447M-43.405M-52.935M26.84M42.168M
other non cash items5.108M161.565M3.423M-678.00K-6.499M
net cash provided by operating activities141.298M67.625M173.508M168.953M163.03M
investments in property plant and equipment-36.089M-33.402M-31.912M-31.359M-53.688M
acquisitions net-101.797M4.092M-19.082M2.217M5.219M
purchases of investments0-14.364M-17.162M00
sales maturities of investments011.288M13.07M00
other investing activites-33.248M1.016M44.292M00
net cash used for investing activites-135.045M-32.386M-10.794M-29.142M-48.469M
debt repayment-1.55M-1.551M-1.551M-4.385M-8.00K
common stock issued000249.00K16.00K
common stock repurchased-225.00K225.00K-49.399M-117.845M-68.113M
dividends paid-18.094M-18.089M-16.247M-16.671M-16.718M
other financing activites8.411M-7.661M3.104M2.035M-6.484M
net cash used provided by financing activities-11.233M-27.301M-64.093M-136.617M-91.307M
effect of forex changes on cash792.00K-658.00K-1.161M357.00K-1.336M
net change in cash-4.188M7.28M97.46M3.551M21.918M
cash at end of period389.109M393.297M386.017M288.557M285.006M
cash at beginning of period393.297M386.017M288.557M285.006M263.088M
operating cashflow141.298M67.625M173.508M168.953M163.03M
capital expenditure-36.089M-33.402M-31.912M-31.359M-53.688M
free cash flow105.209M34.223M141.596M137.594M109.342M
Graph

Frequently Asked Questions

How did ChampionX Corporation do last quarter? What was its Total Revenue and Cost of Revenue?

A company's Total Revenue reveals how much money it generates before any expenses or deductions are made. As a result, this metric informs investors/stakeholders how much money the business makes. Tracking and understanding it is essential for evaluating a company's growth. As opposed to revenue, Cost of Revenue is any expenses a business incur to generate revenue. There can be high revenue in a business, but if the costs are high, it won't make a profit and will go out of business when money runs out. Therefore, CHX generated $912.04M in revenue last quarter, while its costs came in at $600.15M.

Last quarter, how much Gross Profit did ChampionX Corporation report?

A business's Gross Profit is a key indicator of its profitability and financial performance. In other words, it reflects how efficiently a business uses labor, raw materials, and other resources. ChampionX Corporation reported a $311.88M Gross Profit for the quarter ended Sep 30, 2024.

Have CHX's Total Operating Expenses and Operating Income been favorable recently?

Operational Expenses represent the costs a company must incur to generate revenue, which is the ultimate goal of a business, whereas Operating Income shows the revenue left after operational direct and indirect costs have been deducted. CHX incurred $184.72M worth of Operating Expenses, while it generated $127.16M worth of Operating Income.

How much Net Income has CHX posted recently?

The Net Income of a company is one of the factors investors consider when investing in the company. According to recent earnings report from ChampionX Corporation, the company generated $82.77M in Net Income. When a company has a history of consistent net income, investors are more likely to invest in it since they know they will get a return.

At the end of the last quarter, how much Cash and Equivalents did ChampionX Corporation have?

The amount of Cash and Cash Equivalents is an effective indicator of the financial strength and well-being of a company. An excess cash situation occurs when a company has more cash and cash equivalents than it needs for operating activities. The amount of Cash and Cash Equivalents available to ChampionX Corporation as of the end of the last quarter was $389.11M.

What are CHX's Total Net Receivables for the last quarter?

Total Net Receivables are a company's outstanding debts to its customers. Therefore, it refers to the amount that a company expects to collect from its customers. The higher a company's net receivables are, the more confident it is that it can collect money from its debtors. As of the end of the last quarter, CHX had Total Net Receivables of $434.11M.

In terms of Total Assets and Current Assets, where did ChampionX Corporation stand at?

An asset with an economic value within a year is considered a current asset. Total assets, however, also include long-term fixed assets, intangible assets, and other non-current assets. The current Assets of CHX were $1.44B, while the Total Assets stand at $3.38B.

As of the last quarter, how much Total Debt did ChampionX Corporation have?

The total debt of a business refers to how much it borrows. A company's current and long-term liabilities are added together to calculate its Total Debt. A debt ratio may be taken into account on a balance sheet by financial lenders, investors, and business leaders when making informed decisions about future loans or investments. The total amount of CHX's debt was $702.40M at the end of the last quarter.

What were CHX's Total Liabilities during the last reported quarter?

A company's total liabilities are the sum of all debts it is liable for, including any off-balance shee liabilities it may incur. This can be calculated by adding up all short-term and long-term liabilities. In its last quarter, CHX reported total liabilities of $1.58B.

How much did CHX's Working Capital change over the last quarter?

Working Capital Change for CHX was -$5.91M over the last quarter. Working Capital Change refers to the difference between net working capital amounts at the end of one accounting period and the end of another. It tells investors/stakeholders how much the company's cash flow will differ from its Net Income (i.e., after-tax profits). More powerful companies often have positive Change in Working Capital numbers as they have increased control over collecting cash from customers and delaying payments to suppliers.

CHX generated how much cash from operating activities?

An operating cash flow statement usually contains cash from operating activities in the first section. An organization's cash from operating activities refers to the money it takes in and takes out as a result of its regular business operations. CHX generated $141.30M of Cash from Operating Activities during its recently reported quarter.

What was CHX's latest reported Net Change in Cash?

An increase or decrease in cash and cash equivalent balances within a specified period is considered the net change in cash in a cash flow statement. Furthermore, it takes into account cash changes as a result of investments, financing, and operating activities. CHX reported a -$4.19M Net Change in Cash in the most recent quarter.

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