CNX Free Cash Flow vs Net Income Analysis

CNX Stock  USD 36.01  0.89  2.41%   
CNX Resources financial indicator trend analysis is way more than just evaluating CNX Resources Corp prevailing accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether CNX Resources Corp is a good investment. Please check the relationship between CNX Resources Free Cash Flow and its Net Income accounts. Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in CNX Resources Corp. 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 Net Income

Free Cash Flow vs Net Income Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of CNX Resources Corp Free Cash Flow account and Net Income. At this time, the significance of the direction appears to have weak contrarian relationship.
The correlation between CNX Resources' Free Cash Flow and Net Income is -0.15. Overlapping area represents the amount of variation of Free Cash Flow that can explain the historical movement of Net Income in the same time period over historical financial statements of CNX Resources Corp, assuming nothing else is changed. The correlation between historical values of CNX Resources' Free Cash Flow and Net Income 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 CNX Resources Corp are associated (or correlated) with its Net Income. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Net Income has no effect on the direction of Free Cash Flow i.e., CNX Resources' Free Cash Flow and Net Income go up and down completely randomly.

Correlation Coefficient

-0.15
Relationship DirectionNegative 
Relationship StrengthInsignificant

Free Cash Flow

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

Net Income

Net income is one of the most important fundamental items in finance. It plays a large role in CNX Resources Corp financial statement analysis. It represents the amount of money remaining after all of CNX Resources Corp operating expenses, interest, taxes and preferred stock dividends have been deducted from a company total revenue.
Most indicators from CNX Resources' fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into CNX Resources Corp 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 CNX Resources Corp. 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.
At this time, CNX Resources' Selling General Administrative is fairly stable compared to the past year. Discontinued Operations is likely to rise to about 102.7 M in 2024, whereas Enterprise Value Over EBITDA is likely to drop 1.91 in 2024.
 2021 2022 2023 2024 (projected)
Interest Expense151.2M127.7M143.3M165.5M
Depreciation And Amortization515.1M461.2M433.6M387.2M

CNX Resources fundamental ratios Correlations

0.920.340.70.70.970.890.850.760.240.990.420.120.740.770.37-0.190.850.550.76-0.480.850.610.690.080.74
0.920.210.610.850.950.980.880.530.230.950.290.090.50.860.27-0.30.610.290.61-0.390.630.590.460.210.83
0.340.210.62-0.120.310.25-0.120.22-0.10.320.02-0.120.540.090.1-0.320.520.360.140.060.560.460.31-0.170.15
0.70.610.620.220.70.610.380.570.060.670.380.020.620.360.36-0.150.740.60.67-0.210.820.610.590.380.36
0.70.85-0.120.220.790.820.890.310.230.770.190.090.220.860.13-0.20.24-0.070.32-0.230.240.550.170.090.76
0.970.950.310.70.790.940.870.660.170.990.40.040.630.830.33-0.20.740.410.68-0.390.760.680.560.150.78
0.890.980.250.610.820.940.830.440.020.940.24-0.110.440.790.16-0.260.570.230.58-0.340.60.630.340.270.75
0.850.88-0.120.380.890.870.830.640.320.860.410.20.480.820.38-0.140.520.30.6-0.460.50.420.490.120.74
0.760.530.220.570.310.660.440.640.460.660.470.440.860.440.64-0.190.850.810.73-0.450.830.170.93-0.180.49
0.240.23-0.10.060.230.170.020.320.460.140.240.980.350.430.55-0.30.230.320.24-0.160.2-0.120.61-0.280.45
0.990.950.320.670.770.990.940.860.660.140.360.010.650.790.27-0.180.770.430.7-0.450.780.670.570.120.75
0.420.290.020.380.190.40.240.410.470.240.360.230.330.380.510.310.490.50.56-0.150.490.250.490.240.26
0.120.09-0.120.020.090.04-0.110.20.440.980.010.230.330.280.56-0.30.180.360.19-0.080.15-0.240.6-0.30.33
0.740.50.540.620.220.630.440.480.860.350.650.330.330.420.58-0.430.880.870.6-0.230.850.260.9-0.340.49
0.770.860.090.360.860.830.790.820.440.430.790.380.280.420.46-0.270.470.190.34-0.230.460.460.410.050.95
0.370.270.10.360.130.330.160.380.640.550.270.510.560.580.46-0.30.430.560.2-0.140.43-0.180.65-0.050.56
-0.19-0.3-0.32-0.15-0.2-0.2-0.26-0.14-0.19-0.3-0.180.31-0.3-0.43-0.27-0.3-0.11-0.230.09-0.38-0.10.13-0.250.43-0.45
0.850.610.520.740.240.740.570.520.850.230.770.490.180.880.470.43-0.110.830.8-0.430.990.420.87-0.060.49
0.550.290.360.6-0.070.410.230.30.810.320.430.50.360.870.190.56-0.230.830.69-0.150.810.040.9-0.120.23
0.760.610.140.670.320.680.580.60.730.240.70.560.190.60.340.20.090.80.69-0.490.810.440.740.240.27
-0.48-0.390.06-0.21-0.23-0.39-0.34-0.46-0.45-0.16-0.45-0.15-0.08-0.23-0.23-0.14-0.38-0.43-0.15-0.49-0.42-0.16-0.36-0.17-0.2
0.850.630.560.820.240.760.60.50.830.20.780.490.150.850.460.43-0.10.990.810.81-0.420.470.840.050.48
0.610.590.460.610.550.680.630.420.17-0.120.670.25-0.240.260.46-0.180.130.420.040.44-0.160.470.140.20.3
0.690.460.310.590.170.560.340.490.930.610.570.490.60.90.410.65-0.250.870.90.74-0.360.840.14-0.20.45
0.080.21-0.170.380.090.150.270.12-0.18-0.280.120.24-0.3-0.340.05-0.050.43-0.06-0.120.24-0.170.050.2-0.2-0.05
0.740.830.150.360.760.780.750.740.490.450.750.260.330.490.950.56-0.450.490.230.27-0.20.480.30.45-0.05
Click cells to compare fundamentals

CNX Resources Account Relationship Matchups

CNX Resources fundamental ratios Accounts

201920202021202220232024 (projected)
Total Assets9.1B8.0B8.1B8.5B8.6B8.2B
Short Long Term Debt Total2.9B2.5B2.3B2.4B2.4B2.0B
Other Current Liab243.6M160.1M754.2M988.7M213.5M202.8M
Total Current Liabilities528.9M441.3M954.6M1.3B823.0M794.1M
Total Stockholder Equity4.2B4.4B3.7B3.0B4.4B2.7B
Property Plant And Equipment Net7.3B7.1B7.0B7.3B7.5B6.6B
Net Debt2.9B2.5B2.3B2.4B2.4B1.9B
Retained Earnings2.0B1.5B877.9M449.0M2.0B1.1B
Accounts Payable202.6M118.2M121.8M191.3M147.4M278.8M
Cash16.3M15.6M3.6M21.3M443K420.9K
Non Current Assets Total8.6B7.8B7.6B7.9B8.2B7.4B
Non Currrent Assets Other15.2M16.5M188.6M(206.9M)329.0M194.6M
Cash And Short Term Investments16.3M15.6M3.6M21.3M443K420.9K
Net Receivables209.6M150.3M339.1M354.6M134.0M127.3M
Common Stock Total Equity1.9M2.2M2.0M1.7M2.0M1.8M
Common Stock Shares Outstanding190.7M199.2M216.0M189.5M192.0M216.7M
Liabilities And Stockholders Equity9.1B8.0B8.1B8.5B8.6B8.2B
Non Current Liabilities Total3.6B3.2B3.4B4.3B3.4B4.4B
Inventory7.0M9.7M6.1M27.2M19.8M18.9M
Other Current Assets265.3M97.1M111.0M170.7M267.5M204.4M
Other Stockholder Equity2.2B3.0B2.8B2.5B2.4B2.0B
Total Liab4.1B3.6B4.4B5.6B4.3B5.5B
Property Plant And Equipment Gross7.3B7.1B11.4B11.9B12.7B7.2B
Total Current Assets498.1M273.3M459.8M573.8M421.8M631.8M
Accumulated Other Comprehensive Income(12.6M)(15.2M)(14.5M)(6.5M)(7.3M)(7.7M)
Short Term Debt68.8M141.5M47.0M96.6M437.0M458.8M
Common Stock1.9M2.2M2.0M1.7M1.5M1.8M
Other Liab696.9M722.3M1.2B1.9B1.7B1.9B
Other Assets329.3M204.8M188.6M270.3M1.00.95
Long Term Debt2.8B2.4B2.2B2.2B1.9B1.9B
Property Plant Equipment7.1B7.0B7.0B7.3B8.4B7.0B
Current Deferred Revenue14.0M11.0M19.0M22.1M15.8M15.0M
Intangible Assets96.6M90.1M83.5M77.0M70.4M44.8M
Net Tangible Assets4.2B4.4B3.3B3.0B3.4B4.3B
Retained Earnings Total Equity2.0B1.5B877.9M449.0M404.1M383.9M

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