Civitas Resources (CIVI) Financials

2 (CIVI) Financials: CIVI is a company that operates in the financial services industry. The company's financial statements provide information about its performance and financial position. The income statement is a financial statement that shows the company's revenue, expenses, and net income or loss over a specific period of time. It includes items such as gross profit, operating expenses, and net income from stockholders. The balance sheet shows the company's assets, liabilities, and stockholders' equity at a specific point in time. It includes items such as total assets, total liabilities, and stockholders' equity. Cash equivalents are short-term investments that are easily convertible to cash. Net debt is the company's total debt minus its cash and cash equivalents. Stockholders' equity represents the residual interest in the assets of the company after deducting liabilities. Total assets include the company's cash, accounts receivable, inventory, property, plant, and equipment, and other assets. Total debt is the sum of the company's short-term and long-term debt. Total liabilities include the company's debt, accounts payable, and other obligations. Cash flow is the net amount of cash and cash equivalents that flow into or out of the company. It is divided into three categories: operating cash flow, investing cash flow, and financing cash flow. Operating cash flow represents the cash generated or used by the company's core operations. Investing cash flow represents the cash used for investing activities such as purchasing or selling assets. Financing cash flow represents the cash generated or used by the company's financing activities such as issuing or repurchasing stock and paying dividends. Free cash flow is the cash flow available to the company after deducting capital expenditures. It represents the amount of cash that can be used for dividends, debt repayment, or reinvestment in the business.

2 (CIVI) Income Statement: The income statement is a financial statement that provides information about the revenues, expenses, and net income or loss of a company over a specific period of time. In the case of CIVI, the income statement shows its financial performance in terms of revenue, expenses, and net income from stockholders. Revenue is the total amount of money earned by the company from its primary operations. It is generated from the sale of goods or services. Gross profit is the revenue minus the cost of goods sold. It represents the amount of money left after deducting the direct costs associated with producing the goods or services. Operating expenses are the costs incurred by the company in its day-to-day operations. These include expenses such as salaries, rent, utilities, and advertising. Earnings before interest and taxes (EBIT) is a measure of the company's profitability that excludes interest and income tax expenses. EBITDA stands for earnings before interest, taxes, depreciation, and amortization. It is a measure of the company's profitability that excludes interest, income tax, depreciation, and amortization expenses. Net income from stockholders represents the profit or loss of the company that is available to the stockholders. It is calculated by subtracting interest expenses and income taxes from EBIT. In summary, the income statement provides a snapshot of the company's financial performance by showing its revenue, expenses, and net income or loss from its core operations.