Centennial Resource Development, Inc. Class AFind Ratings Reports
Even though sales decreased, the net income has increased. CENTENNIAL RES DVLPMNT INC has very weak liquidity. Currently, the Quick Ratio is 0.42 which clearly shows a lack of ability to cover short-term cash needs. The company's liquidity has increased from the same period last year.
During the same period, stockholders' equity ("net worth") has decreased by 5.80% from the same quarter last year. The key liquidity measurements indicate that the company is in a position in which financial difficulties could develop in the near future.
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|Income Statement||Q1 FY21||Q1 FY20|
|Net Sales ($mil)||192.39||192.77|
|Net Income ($mil)||-34.65||-547.98|
|Balance Sheet||Q1 FY21||Q1 FY20|
|Cash & Equiv. ($mil)||10.94||3.84|
|Total Assets ($mil)||3848.32||4106.25|
|Total Debt ($mil)||1066.45||1126.91|
|Profitability||Q1 FY21||Q1 FY20|
|Gross Profit Margin||0.0||-241.32|
|Return on Assets||-4.4||-12.76|
|Return on Equity||-6.62||-19.29|
|Debt||Q1 FY21||Q1 FY20|
|Share Data||Q1 FY21||Q1 FY20|
|Shares outstanding (mil)||279.13||276.04|
|Div / share||0.0||0.0|
|Book value / share||9.17||9.84|
|Institutional Own %||n/a||n/a|
|Avg Daily Volume||9764049.0||7703055.0|
SELL. This stock’s P/E ratio is negative, making its value useless in the assessment of premium or discount valuation, only displaying that the company has negative earnings per share. For additional comparison, its price-to-book ratio of 0.49 indicates a significant discount versus the S&P 500 average of 4.42 and a significant discount versus the subsector average of 2.00. The current price-to-sales ratio is well below the S&P 500 average and is also below the subsector average, indicating a discount. After reviewing these and other key valuation criteria, CENTENNIAL RES DVLPMNT INC proves to trade at a discount to investment alternatives.
|CDEV NM||Peers 101.06||CDEV 8.88||Peers 10.70|
Neutral. The absence of a valid P/E ratio happens when a stock can not be valued on the basis of a negative stream of earnings.
CDEV's P/E is negative making this valuation measure meaningless.
Discount. The P/CF ratio, a stock’s price divided by the company's cash flow from operations, is useful for comparing companies with different capital requirements or financing structures.
CDEV is trading at a discount to its peers.
|CDEV 13.91||Peers 31.81||CDEV NA||Peers 0.51|
Premium. A higher price-to-projected earnings ratio than its peers can signify a more expensive stock or higher future growth expectations.
CDEV is trading at a premium to its peers.
Neutral. The PEG ratio is the stock’s P/E divided by the consensus estimate of long-term earnings growth. Faster growth can justify higher price multiples.
Ratio not available.
|CDEV 0.49||Peers 2.00||CDEV 67.90||Peers -339.49|
Discount. A lower price-to-book ratio makes a stock more attractive to investors seeking stocks with lower market values per dollar of equity on the balance sheet.
CDEV is trading at a significant discount to its peers.
Higher. Elevated earnings growth rates can lead to capital appreciation and justify higher price-to-earnings ratios.
CDEV is expected to have an earnings growth rate that significantly exceeds its peers.
|CDEV 2.17||Peers 2.31||CDEV -37.13||Peers -28.17|
Average. In the absence of P/E and P/B multiples, the price-to-sales ratio can display the value investors are placing on each dollar of sales.
CDEV is trading at a valuation on par with its subsector on this measurement.
Lower. A sales growth rate that trails the subsector implies that a company is losing market share.
CDEV significantly trails its peers on the basis of sales growth.