300608 Free Cash Flow vs Change To Account Receivables Analysis

300608 Stock

13.20 0.08 0.61%

SI TECH financial indicator trend analysis is much more than just breaking down SI TECH Information prevalent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether SI TECH Information is a good investment. Please check the relationship between SI TECH Free Cash Flow and its Change To Account Receivables accounts. Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in SI TECH Information Technology. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in board of governors.

Free Cash Flow vs Change To Account Receivables

Free Cash Flow vs Change To Account Receivables Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of SI TECH Information Free Cash Flow account and Change To Account Receivables. At this time, the significance of the direction appears to have no relationship.

The correlation between SI TECH's Free Cash Flow and Change To Account Receivables is 0.08. Overlapping area represents the amount of variation of Free Cash Flow that can explain the historical movement of Change To Account Receivables in the same time period over historical financial statements of SI TECH Information Technology, assuming nothing else is changed. The correlation between historical values of SI TECH's Free Cash Flow and Change To Account Receivables is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Free Cash Flow of SI TECH Information Technology are associated (or correlated) with its Change To Account Receivables. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Change To Account Receivables has no effect on the direction of Free Cash Flow i.e., SI TECH's Free Cash Flow and Change To Account Receivables go up and down completely randomly.

Correlation Coefficient

0.08

Relationship Direction	Positive
Relationship Strength	Insignificant

View All Relationships

Free Cash Flow

The amount of cash a company generates after accounting for cash outflows to support operations and maintain its capital assets.

Change To Account Receivables

Most indicators from SI TECH's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into SI TECH Information 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 Trending Equities to better understand how to build diversified portfolios, which includes a position in SI TECH Information Technology. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in board of governors.

The current year's Selling General Administrative is expected to grow to about 124.7 M, whereas Tax Provision is forecasted to decline to about 4.2 M.

	2021	2022	2023	2024 (projected)
Gross Profit	363.0M	325.6M	328.0M	284.5M
Total Revenue	904.3M	834.0M	870.5M	882.6M

Gross Profit Total Revenue

SI TECH fundamental ratios Correlations

	Total Assets	Short Long Term Debt Total	Other Current Liab	Total Current Liabilities	Total Stockholder Equity	Property Plant And Equipment Net	Current Deferred Revenue	Net Debt	Retained Earnings	Accounts Payable	Cash	Non Current Assets Total	Non Currrent Assets Other	Other Assets	Cash And Short Term Investments	Net Receivables	Non Current Liabilities Total	Inventory	Other Current Assets	Other Stockholder Equity	Total Liab	Total Current Assets	Short Term Debt	Intangible Assets	Common Stock	Other Liab
Total Assets		0.94	-0.04	0.93	0.89	0.87	-0.54	0.0	0.95	-0.02	0.95	0.9	0.2	-0.48	0.95	0.93	0.86	0.93	-0.03	0.8	0.95	0.98	0.91	0.84	0.89	0.62
Short Long Term Debt Total	0.94		-0.16	0.94	0.79	0.87	-0.59	0.29	0.92	0.09	0.85	0.91	0.34	-0.44	0.85	0.8	0.94	0.91	-0.2	0.63	1.0	0.87	0.95	0.77	0.81	0.56
Other Current Liab	-0.04	-0.16		-0.32	-0.04	0.01	-0.3	-0.24	-0.18	-0.54	-0.02	-0.12	-0.57	0.17	-0.02	-0.09	0.04	0.1	0.09	0.04	-0.16	-0.02	-0.32	0.09	-0.02	0.27
Total Current Liabilities	0.93	0.94	-0.32		0.81	0.77	-0.38	0.14	0.92	0.14	0.87	0.87	0.49	-0.44	0.87	0.88	0.78	0.81	-0.12	0.69	0.95	0.9	0.99	0.73	0.81	0.46
Total Stockholder Equity	0.89	0.79	-0.04	0.81		0.91	-0.6	-0.17	0.85	-0.12	0.87	0.93	0.07	-0.46	0.87	0.87	0.7	0.84	0.01	0.97	0.81	0.91	0.78	0.95	0.99	0.76
Property Plant And Equipment Net	0.87	0.87	0.01	0.77	0.91		-0.77	0.15	0.84	-0.09	0.77	0.97	-0.02	-0.5	0.77	0.75	0.89	0.92	-0.14	0.8	0.88	0.82	0.75	0.95	0.93	0.79
Current Deferred Revenue	-0.54	-0.59	-0.3	-0.38	-0.6	-0.77		-0.17	-0.41	0.42	-0.48	-0.7	0.24	0.19	-0.48	-0.31	-0.71	-0.71	0.52	-0.53	-0.57	-0.46	-0.44	-0.8	-0.7	-0.89
Net Debt	0.0	0.29	-0.24	0.14	-0.17	0.15	-0.17		0.11	0.46	-0.26	0.19	0.39	-0.1	-0.26	-0.11	0.36	0.13	-0.29	-0.39	0.26	-0.18	0.18	-0.08	-0.12	-0.12
Retained Earnings	0.95	0.92	-0.18	0.92	0.85	0.84	-0.41	0.11		0.16	0.86	0.87	0.25	-0.43	0.86	0.93	0.82	0.89	0.1	0.72	0.93	0.93	0.9	0.75	0.81	0.5
Accounts Payable	-0.02	0.09	-0.54	0.14	-0.12	-0.09	0.42	0.46	0.16		-0.16	-0.01	0.51	-0.04	-0.16	0.09	0.0	-0.09	0.42	-0.21	0.08	-0.06	0.1	-0.28	-0.19	-0.57
Cash	0.95	0.85	-0.02	0.87	0.87	0.77	-0.48	-0.26	0.86	-0.16		0.8	0.13	-0.38	1.0	0.87	0.75	0.84	-0.04	0.82	0.86	0.98	0.86	0.79	0.86	0.6
Non Current Assets Total	0.9	0.91	-0.12	0.87	0.93	0.97	-0.7	0.19	0.87	-0.01	0.8		0.21	-0.52	0.8	0.8	0.87	0.89	-0.17	0.81	0.92	0.84	0.86	0.94	0.95	0.74
Non Currrent Assets Other	0.2	0.34	-0.57	0.49	0.07	-0.02	0.24	0.39	0.25	0.51	0.13	0.21		-0.17	0.13	0.24	0.1	-0.03	-0.06	-0.02	0.32	0.14	0.52	-0.05	0.08	-0.24
Other Assets	-0.48	-0.44	0.17	-0.44	-0.46	-0.5	0.19	-0.1	-0.43	-0.04	-0.38	-0.52	-0.17		-0.38	-0.46	-0.47	-0.36	-0.23	-0.41	-0.48	-0.43	-0.38	-0.43	-0.48	-0.22
Cash And Short Term Investments	0.95	0.85	-0.02	0.87	0.87	0.77	-0.48	-0.26	0.86	-0.16	1.0	0.8	0.13	-0.38		0.87	0.75	0.84	-0.04	0.82	0.86	0.98	0.86	0.79	0.86	0.6
Net Receivables	0.93	0.8	-0.09	0.88	0.87	0.75	-0.31	-0.11	0.93	0.09	0.87	0.8	0.24	-0.46	0.87		0.65	0.83	0.21	0.82	0.82	0.95	0.82	0.75	0.82	0.48
Non Current Liabilities Total	0.86	0.94	0.04	0.78	0.7	0.89	-0.71	0.36	0.82	0.0	0.75	0.87	0.1	-0.47	0.75	0.65		0.91	-0.22	0.53	0.94	0.76	0.79	0.76	0.74	0.6
Inventory	0.93	0.91	0.1	0.81	0.84	0.92	-0.71	0.13	0.89	-0.09	0.84	0.89	-0.03	-0.36	0.84	0.83	0.91		-0.16	0.73	0.91	0.89	0.8	0.87	0.85	0.72
Other Current Assets	-0.03	-0.2	0.09	-0.12	0.01	-0.14	0.52	-0.29	0.1	0.42	-0.04	-0.17	-0.06	-0.23	-0.04	0.21	-0.22	-0.16		0.08	-0.18	0.07	-0.21	-0.2	-0.11	-0.4
Other Stockholder Equity	0.8	0.63	0.04	0.69	0.97	0.8	-0.53	-0.39	0.72	-0.21	0.82	0.81	-0.02	-0.41	0.82	0.82	0.53	0.73	0.08		0.65	0.85	0.64	0.91	0.94	0.74
Total Liab	0.95	1.0	-0.16	0.95	0.81	0.88	-0.57	0.26	0.93	0.08	0.86	0.92	0.32	-0.48	0.86	0.82	0.94	0.91	-0.18	0.65		0.88	0.95	0.79	0.82	0.56
Total Current Assets	0.98	0.87	-0.02	0.9	0.91	0.82	-0.46	-0.18	0.93	-0.06	0.98	0.84	0.14	-0.43	0.98	0.95	0.76	0.89	0.07	0.85	0.88		0.87	0.82	0.88	0.59
Short Term Debt	0.91	0.95	-0.32	0.99	0.78	0.75	-0.44	0.18	0.9	0.1	0.86	0.86	0.52	-0.38	0.86	0.82	0.79	0.8	-0.21	0.64	0.95	0.87		0.71	0.79	0.49
Intangible Assets	0.84	0.77	0.09	0.73	0.95	0.95	-0.8	-0.08	0.75	-0.28	0.79	0.94	-0.05	-0.43	0.79	0.75	0.76	0.87	-0.2	0.91	0.79	0.82	0.71		0.98	0.9
Common Stock	0.89	0.81	-0.02	0.81	0.99	0.93	-0.7	-0.12	0.81	-0.19	0.86	0.95	0.08	-0.48	0.86	0.82	0.74	0.85	-0.11	0.94	0.82	0.88	0.79	0.98		0.83
Other Liab	0.62	0.56	0.27	0.46	0.76	0.79	-0.89	-0.12	0.5	-0.57	0.6	0.74	-0.24	-0.22	0.6	0.48	0.6	0.72	-0.4	0.74	0.56	0.59	0.49	0.9	0.83

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SI TECH Account Relationship Matchups

SI TECH fundamental ratios Accounts

	2019	2020	2021	2022	2023	2024 (projected)
Total Assets	1.6B	1.7B	1.8B	2.5B	2.5B	1.4B
Short Long Term Debt Total	626M	656.3M	659.6M	757.2M	661.8M	412.6M
Other Current Liab	42.4M	123.0M	117.4M	141.5M	187.6M	101.0M
Total Current Liabilities	678.9M	530.5M	530.3M	654.9M	630.8M	491.7M
Total Stockholder Equity	778.0M	849.0M	952.8M	1.6B	1.6B	1.7B
Property Plant And Equipment Net	158.1M	463.9M	471.4M	463.1M	515.2M	541.0M
Current Deferred Revenue	129.7M	68.3M	33.5M	38.5M	32.3M	30.7M
Net Debt	232.7M	278.6M	248.1M	(206.0M)	(30.5M)	(29.0M)
Retained Earnings	338.2M	360.0M	402.0M	401.5M	420.0M	283.1M
Accounts Payable	30.8M	28.9M	16.6M	9.7M	10.9M	15.1M
Cash	393.3M	377.7M	411.5M	963.2M	692.3M	382.9M
Non Current Assets Total	551.8M	634.3M	699.2M	741.0M	823.1M	864.3M
Non Currrent Assets Other	310.8M	246.4K	8.1M	14.4M	6.9M	6.6M
Cash And Short Term Investments	393.3M	377.7M	411.5M	963.2M	692.3M	382.9M
Net Receivables	458.1M	413.6M	410.2M	515.7M	642.3M	414.7M
Liabilities And Stockholders Equity	1.6B	1.7B	1.8B	2.5B	2.5B	1.4B
Non Current Liabilities Total	152.5M	353.7M	331.6M	325.0M	268.4M	140.0M
Inventory	201.0M	292.4M	291.3M	305.0M	341.1M	243.2M
Other Current Assets	6.3M	15.7M	1.4M	1.8M	4.9M	4.6M
Other Stockholder Equity	225.6M	222.8M	235.6M	714.7M	757.2M	795.1M
Total Liab	831.4M	884.2M	861.9M	979.9M	899.2M	631.7M
Total Current Assets	1.1B	1.1B	1.1B	1.8B	1.7B	1.1B
Short Term Debt	476M	310.3M	362.9M	465.2M	400.0M	289.2M
Intangible Assets	32.0M	74.4M	113.5M	162.7M	188.9M	198.4M
Common Stock	157.7M	157.7M	209.9M	327.1M	331.2M	347.7M
Other Liab	2.1M	2.5M	7.7M	34.9M	40.1M	42.1M
Net Tangible Assets	689.8M	736.6M	767.7M	890.5M	1.0B	752.5M
Deferred Long Term Liab	3.4M	2.6M	2.4M	59.6M	68.6M	72.0M
Short Long Term Debt	476M	295.3M	339.5M	443.4M	363.9M	341.0M
Non Current Liabilities Other	1.2M	6.6M	4.0M	2.8M	6.6M	3.4M
Property Plant Equipment	102.4M	158.1M	463.9M	471.4M	542.1M	569.2M
Common Stock Shares Outstanding	204.9M	204.9M	209.9M	327.1M	331.2M	265.9M
Net Invested Capital	1.4B	1.5B	1.6B	2.3B	2.2B	1.7B
Net Working Capital	379.8M	568.9M	584.0M	1.1B	1.0B	763.3M
Short Term Investments	(2.6M)	(2.4M)	(1.6M)	(2.1M)	32.0K	33.6K
Capital Stock	157.7M	157.7M	209.9M	327.1M	331.2M	236.4M

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Other Information on Investing in 300608 Stock

Balance Sheet is a snapshot of the financial position of SI TECH Information at a specified time, usually calculated after every quarter, six months, or one year. SI TECH Balance Sheet has two main parts: assets and liabilities. Liabilities are the debts or obligations of SI TECH and are divided into current liabilities and long term liabilities. An asset, on the other hand, is anything of value that can be converted into cash and which 300608 currently owns. An asset can also be divided into two categories, current and non-current.

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300608 Free Cash Flow vs Change To Account Receivables Analysis

Free Cash Flow vs Change To Account Receivables

Free Cash Flow vs Change To Account Receivables Correlation Analysis

Correlation Coefficient

Free Cash Flow

Change To Account Receivables

SI TECH fundamental ratios Correlations

SI TECH Account Relationship Matchups

High Positive Relationship

High Negative Relationship

SI TECH fundamental ratios Accounts

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Other Information on Investing in 300608 Stock

COMMON DESTINATIONS

MAIN CATEGORIES

COMPANY

Total Liab	+ 1.0	Short Long Term Debt Total
Cash And Short Term Investments	+ 1.0	Cash
Short Term Debt	+ 0.99	Total Current Liabilities
Common Stock	+ 0.99	Total Stockholder Equity
Total Current Assets	+ 0.98	Total Assets
Total Current Assets	+ 0.98	Cash

Other Liab	- 0.89	Current Deferred Revenue
Intangible Assets	- 0.8	Current Deferred Revenue
Current Deferred Revenue	- 0.77	Property Plant And Equipment Net
Inventory	- 0.71	Current Deferred Revenue
Non Current Liabilities Total	- 0.71	Current Deferred Revenue
Common Stock	- 0.7	Current Deferred Revenue