Nanjing Free Cash Flow vs Change In Working Capital Analysis

603326 Stock

6.80 0.05 0.73%

Nanjing OLO financial indicator trend analysis is infinitely more than just investigating Nanjing OLO Home recent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Nanjing OLO Home is a good investment. Please check the relationship between Nanjing OLO Free Cash Flow and its Change In Working Capital accounts. Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in Nanjing OLO Home. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in nation.

Free Cash Flow vs Change In Working Capital

Free Cash Flow vs Change In Working Capital Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Nanjing OLO Home Free Cash Flow account and Change In Working Capital. At this time, the significance of the direction appears to have very week relationship.

The correlation between Nanjing OLO's Free Cash Flow and Change In Working Capital is 0.26. Overlapping area represents the amount of variation of Free Cash Flow that can explain the historical movement of Change In Working Capital in the same time period over historical financial statements of Nanjing OLO Home, assuming nothing else is changed. The correlation between historical values of Nanjing OLO's Free Cash Flow and Change In Working Capital 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 Nanjing OLO Home are associated (or correlated) with its Change In Working Capital. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Change In Working Capital has no effect on the direction of Free Cash Flow i.e., Nanjing OLO's Free Cash Flow and Change In Working Capital go up and down completely randomly.

Correlation Coefficient

0.26

Relationship Direction	Positive
Relationship Strength	Very Weak

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 In Working Capital

The difference in the amount of working capital from one period to the next, indicating the change in a company's short-term assets and liabilities.

Most indicators from Nanjing OLO's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Nanjing OLO Home 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 Nanjing OLO Home. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in nation.

The current year's Tax Provision is expected to grow to about 12.1 M, whereas Selling General Administrative is forecasted to decline to about 248.8 M.

	2021	2022	2023	2024 (projected)
Operating Income	197.1M	201.8M	273.8M	153.4M
Total Revenue	1.7B	1.7B	1.7B	1.1B

Operating Income Total Revenue

Nanjing OLO fundamental ratios Correlations

	Total Assets	Other Current Liab	Total Current Liabilities	Total Stockholder Equity	Retained Earnings	Accounts Payable	Cash	Other Assets	Net Receivables	Short Term Investments	Inventory	Other Current Assets	Total Liab	Intangible Assets	Common Stock	Property Plant Equipment	Long Term Debt	Other Liab	Net Tangible Assets	Non Current Assets Total	Non Currrent Assets Other	Non Current Liabilities Total	Deferred Long Term Liab	Total Current Assets	Common Stock Shares Outstanding	Net Invested Capital
Total Assets		0.75	0.97	0.95	0.92	0.95	0.85	0.73	0.7	-0.29	0.94	0.54	0.96	0.97	0.98	0.91	0.74	0.98	0.92	0.96	-0.86	0.89	0.76	0.95	0.24	0.89
Other Current Liab	0.75		0.76	0.69	0.64	0.78	0.4	0.26	0.75	-0.16	0.79	0.33	0.74	0.75	0.71	0.54	0.34	0.73	0.66	0.65	-0.76	0.6	0.42	0.7	-0.12	0.47
Total Current Liabilities	0.97	0.76		0.86	0.82	0.95	0.81	0.7	0.62	-0.26	0.92	0.48	0.99	0.92	0.92	0.89	0.74	0.98	0.84	0.94	-0.82	0.91	0.8	0.93	0.27	0.88
Total Stockholder Equity	0.95	0.69	0.86		0.96	0.91	0.84	0.64	0.77	-0.28	0.88	0.62	0.84	0.97	0.96	0.85	0.58	0.9	0.97	0.87	-0.84	0.74	0.58	0.93	0.21	0.79
Retained Earnings	0.92	0.64	0.82	0.96		0.87	0.79	0.63	0.77	-0.35	0.87	0.5	0.81	0.92	0.92	0.83	0.58	0.89	0.95	0.85	-0.88	0.72	0.61	0.89	0.19	0.82
Accounts Payable	0.95	0.78	0.95	0.91	0.87		0.8	0.58	0.67	-0.22	0.88	0.56	0.91	0.95	0.94	0.84	0.55	0.96	0.91	0.86	-0.83	0.77	0.61	0.97	0.24	0.79
Cash	0.85	0.4	0.81	0.84	0.79	0.8		0.88	0.53	-0.25	0.77	0.57	0.8	0.84	0.84	0.96	0.71	0.85	0.86	0.86	-0.71	0.78	0.66	0.89	0.67	0.86
Other Assets	0.73	0.26	0.7	0.64	0.63	0.58	0.88		0.35	-0.31	0.65	0.3	0.75	0.66	0.7	0.91	0.91	0.74	0.63	0.86	-0.63	0.86	0.81	0.66	0.68	0.9
Net Receivables	0.7	0.75	0.62	0.77	0.77	0.67	0.53	0.35		-0.23	0.83	0.36	0.58	0.68	0.7	0.62	0.27	0.68	0.78	0.61	-0.85	0.46	0.38	0.7	0.12	0.49
Short Term Investments	-0.29	-0.16	-0.26	-0.28	-0.35	-0.22	-0.25	-0.31	-0.23		-0.36	-0.21	-0.28	-0.29	-0.26	-0.35	-0.31	-0.35	-0.36	-0.4	0.38	-0.34	-0.35	-0.29	-0.15	-0.4
Inventory	0.94	0.79	0.92	0.88	0.87	0.88	0.77	0.65	0.83	-0.36		0.51	0.91	0.88	0.89	0.87	0.66	0.94	0.88	0.91	-0.89	0.82	0.74	0.9	0.25	0.82
Other Current Assets	0.54	0.33	0.48	0.62	0.5	0.56	0.57	0.3	0.36	-0.21	0.51		0.43	0.58	0.59	0.47	0.19	0.45	0.63	0.43	-0.21	0.29	0.18	0.58	0.16	0.34
Total Liab	0.96	0.74	0.99	0.84	0.81	0.91	0.8	0.75	0.58	-0.28	0.91	0.43		0.9	0.91	0.89	0.82	0.97	0.8	0.96	-0.81	0.95	0.86	0.89	0.26	0.92
Intangible Assets	0.97	0.75	0.92	0.97	0.92	0.95	0.84	0.66	0.68	-0.29	0.88	0.58	0.9		0.96	0.87	0.63	0.94	0.95	0.9	-0.84	0.81	0.61	0.96	0.22	0.81
Common Stock	0.98	0.71	0.92	0.96	0.92	0.94	0.84	0.7	0.7	-0.26	0.89	0.59	0.91	0.96		0.88	0.68	0.94	0.91	0.92	-0.82	0.83	0.71	0.92	0.2	0.86
Property Plant Equipment	0.91	0.54	0.89	0.85	0.83	0.84	0.96	0.91	0.62	-0.35	0.87	0.47	0.89	0.87	0.88		0.81	0.93	0.87	0.95	-0.83	0.89	0.79	0.9	0.6	0.94
Long Term Debt	0.74	0.34	0.74	0.58	0.58	0.55	0.71	0.91	0.27	-0.31	0.66	0.19	0.82	0.63	0.68	0.81		0.73	0.51	0.88	-0.59	0.94	0.93	0.57	0.37	0.91
Other Liab	0.98	0.73	0.98	0.9	0.89	0.96	0.85	0.74	0.68	-0.35	0.94	0.45	0.97	0.94	0.94	0.93	0.73		0.9	0.96	-0.9	0.9	0.79	0.96	0.33	0.91
Net Tangible Assets	0.92	0.66	0.84	0.97	0.95	0.91	0.86	0.63	0.78	-0.36	0.88	0.63	0.8	0.95	0.91	0.87	0.51	0.9		0.84	-0.86	0.69	0.52	0.96	0.33	0.76
Non Current Assets Total	0.96	0.65	0.94	0.87	0.85	0.86	0.86	0.86	0.61	-0.4	0.91	0.43	0.96	0.9	0.92	0.95	0.88	0.96	0.84		-0.85	0.97	0.88	0.87	0.37	0.97
Non Currrent Assets Other	-0.86	-0.76	-0.82	-0.84	-0.88	-0.83	-0.71	-0.63	-0.85	0.38	-0.89	-0.21	-0.81	-0.84	-0.82	-0.83	-0.59	-0.9	-0.86	-0.85		-0.77	-0.64	-0.85	-0.29	-0.79
Non Current Liabilities Total	0.89	0.6	0.91	0.74	0.72	0.77	0.78	0.86	0.46	-0.34	0.82	0.29	0.95	0.81	0.83	0.89	0.94	0.9	0.69	0.97	-0.77		0.93	0.77	0.33	0.95
Deferred Long Term Liab	0.76	0.42	0.8	0.58	0.61	0.61	0.66	0.81	0.38	-0.35	0.74	0.18	0.86	0.61	0.71	0.79	0.93	0.79	0.52	0.88	-0.64	0.93		0.61	0.3	0.92
Total Current Assets	0.95	0.7	0.93	0.93	0.89	0.97	0.89	0.66	0.7	-0.29	0.9	0.58	0.89	0.96	0.92	0.9	0.57	0.96	0.96	0.87	-0.85	0.77	0.61		0.38	0.81
Common Stock Shares Outstanding	0.24	-0.12	0.27	0.21	0.19	0.24	0.67	0.68	0.12	-0.15	0.25	0.16	0.26	0.22	0.2	0.6	0.37	0.33	0.33	0.37	-0.29	0.33	0.3	0.38		0.44
Net Invested Capital	0.89	0.47	0.88	0.79	0.82	0.79	0.86	0.9	0.49	-0.4	0.82	0.34	0.92	0.81	0.86	0.94	0.91	0.91	0.76	0.97	-0.79	0.95	0.92	0.81	0.44

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Nanjing OLO Account Relationship Matchups

Nanjing OLO fundamental ratios Accounts

	2019	2020	2021	2022	2023	2024 (projected)
Total Assets	1.6B	2.0B	2.4B	2.2B	2.4B	1.4B
Other Current Liab	308.1M	321.5M	464.7M	379.7M	92.6M	88.0M
Total Current Liabilities	527.5M	716.4M	1.2B	755.4M	904.8M	516.5M
Total Stockholder Equity	951.6M	1.1B	873.9M	1.0B	1.1B	691.7M
Retained Earnings	386.8M	543.0M	284.5M	425.1M	484.2M	271.5M
Accounts Payable	162.6M	300.1M	320.3M	189.0M	233.8M	157.8M
Cash	235.5M	308.8M	377.7M	297.6M	544.4M	571.7M
Other Assets	53.2M	54.6M	179.5M	299.3M	344.1M	361.3M
Net Receivables	308.9M	195.4M	160.8M	193.3M	101.6M	135.6M
Inventory	109.2M	89.1M	117.6M	102.4M	101.5M	78.2M
Other Current Assets	48.4M	54.1M	68.5M	20.7M	85.7M	51.1M
Total Liab	607.3M	860.0M	1.5B	1.2B	1.3B	659.6M
Intangible Assets	38.5M	58.8M	56.8M	55.0M	55.5M	37.3M
Common Stock	226.2M	316.5M	322.1M	315.5M	362.8M	188.7M
Property Plant Equipment	553.7M	704.3M	842.8M	1.1B	1.3B	1.3B
Other Liab	79.7M	122.3M	148.6M	113.3M	130.3M	86.3M
Net Tangible Assets	787.7M	913.1M	1.1B	817.1M	939.7M	837.4M
Non Current Assets Total	796.1M	956.2M	1.3B	1.5B	1.5B	1.0B
Non Currrent Assets Other	6.6M	3.9M	10.8M	2.2M	18.7M	14.6M
Non Current Liabilities Total	79.7M	143.6M	383.6M	421.1M	390.1M	206.7M
Deferred Long Term Liab	25.0M	22.5M	35.7M	35.4M	40.7M	27.2M
Total Current Assets	762.8M	1.0B	1.1B	701.5M	945.1M	828.3M
Common Stock Shares Outstanding	316.3M	316.5M	322.1M	315.5M	322.9M	349.8M
Net Invested Capital	951.6M	1.2B	1.3B	1.4B	1.6B	1.3B
Non Current Liabilities Other	64.6M	109.3M	132.7M	98.4M	35.7M	33.9M
Net Working Capital	235.3M	307.2M	(89.8M)	(54.0M)	40.4M	38.4M
Capital Stock	226.2M	316.5M	322.1M	315.5M	323.4M	317.1M

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Other Information on Investing in Nanjing Stock

Balance Sheet is a snapshot of the financial position of Nanjing OLO Home at a specified time, usually calculated after every quarter, six months, or one year. Nanjing OLO Balance Sheet has two main parts: assets and liabilities. Liabilities are the debts or obligations of Nanjing OLO 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 Nanjing currently owns. An asset can also be divided into two categories, current and non-current.

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Nanjing Free Cash Flow vs Change In Working Capital Analysis

Free Cash Flow vs Change In Working Capital

Free Cash Flow vs Change In Working Capital Correlation Analysis

Correlation Coefficient

Free Cash Flow

Change In Working Capital

Nanjing OLO fundamental ratios Correlations

Nanjing OLO Account Relationship Matchups

High Positive Relationship

High Negative Relationship

Nanjing OLO fundamental ratios Accounts

Currently Active Assets on Macroaxis

Other Information on Investing in Nanjing Stock

COMMON DESTINATIONS

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COMPANY

Total Liab	+ 0.99	Total Current Liabilities
Common Stock	+ 0.98	Total Assets
Other Liab	+ 0.98	Total Assets
Other Liab	+ 0.98	Total Current Liabilities
Total Current Liabilities	+ 0.97	Total Assets
Intangible Assets	+ 0.97	Total Assets

Non Currrent Assets Other	- 0.9	Other Liab
Non Currrent Assets Other	- 0.89	Inventory
Non Currrent Assets Other	- 0.88	Retained Earnings
Non Currrent Assets Other	- 0.86	Net Tangible Assets
Non Currrent Assets Other	- 0.86	Total Assets
Total Current Assets	- 0.85	Non Currrent Assets Other