Culp Ev To Free Cash Flow vs Cash Ratio Analysis

CULP Stock

USD 5.78 0.40 7.43%

Culp financial indicator trend analysis is way more than just evaluating Culp Inc prevailing accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Culp Inc is a good investment. Please check the relationship between Culp Ev To Free Cash Flow and its Cash Ratio accounts. Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in Culp Inc. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in bureau of economic analysis.

Ev To Free Cash Flow vs Cash Ratio

Ev To Free Cash Flow vs Cash Ratio Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Culp Inc Ev To Free Cash Flow account and Cash Ratio. At this time, the significance of the direction appears to have almost identical trend.

The correlation between Culp's Ev To Free Cash Flow and Cash Ratio is 0.96. Overlapping area represents the amount of variation of Ev To Free Cash Flow that can explain the historical movement of Cash Ratio in the same time period over historical financial statements of Culp Inc, assuming nothing else is changed. The correlation between historical values of Culp's Ev To Free Cash Flow and Cash Ratio is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Ev To Free Cash Flow of Culp Inc are associated (or correlated) with its Cash Ratio. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Cash Ratio has no effect on the direction of Ev To Free Cash Flow i.e., Culp's Ev To Free Cash Flow and Cash Ratio go up and down completely randomly.

Correlation Coefficient

0.96

Relationship Direction	Positive
Relationship Strength	Very Strong

View All Relationships

Ev To Free Cash Flow

A valuation metric comparing the company's enterprise value to its free cash flow, used to evaluate whether a company is undervalued or overvalued.

Cash Ratio

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

At this time, Culp's Tax Provision is relatively stable compared to the past year. As of 12/13/2024, Sales General And Administrative To Revenue is likely to grow to 0.04, though Enterprise Value Over EBITDA is likely to grow to (2.50).

	2021	2022	2023	2024 (projected)
Interest Expense	17K	6.2M	11K	10.5K
Depreciation And Amortization	7.6M	7.3M	6.9M	7.8M

Interest Expense Depreciation And Amortization

Culp fundamental ratios Correlations

	Total Assets	Short Long Term Debt Total	Other Current Liab	Total Current Liabilities	Total Stockholder Equity	Property Plant And Equipment Net	Net Debt	Retained Earnings	Non Current Assets Total	Non Currrent Assets Other	Net Receivables	Common Stock Shares Outstanding	Non Current Liabilities Total	Inventory	Other Current Assets	Other Stockholder Equity	Total Liab	Property Plant And Equipment Gross	Total Current Assets	Short Term Debt	Accounts Payable	Cash	Cash And Short Term Investments	Intangible Assets	Common Stock Total Equity	Common Stock
Total Assets		-0.19	-0.25	0.51	0.93	0.82	-0.72	0.81	0.84	-0.35	0.25	0.56	0.19	0.73	0.28	0.63	0.53	0.8	0.88	0.51	0.35	0.57	0.67	-0.39	0.03	0.19
Short Long Term Debt Total	-0.19		-0.11	-0.26	-0.35	-0.21	0.35	-0.22	-0.39	-0.11	0.14	-0.48	0.83	-0.26	-0.41	-0.54	0.45	-0.2	0.05	0.1	-0.33	0.44	0.29	0.39	-0.22	-0.24
Other Current Liab	-0.25	-0.11		0.02	-0.16	-0.24	0.2	0.02	-0.1	0.56	0.51	-0.58	-0.28	-0.3	-0.1	-0.53	-0.25	-0.24	-0.27	0.05	0.33	-0.26	-0.19	0.54	-0.39	-0.39
Total Current Liabilities	0.51	-0.26	0.02		0.36	0.44	-0.5	0.2	0.32	-0.31	0.58	0.59	-0.13	0.3	0.48	0.64	0.61	0.44	0.54	-0.19	0.93	0.27	0.33	-0.66	0.04	0.31
Total Stockholder Equity	0.93	-0.35	-0.16	0.36		0.73	-0.79	0.95	0.88	-0.27	0.1	0.5	-0.03	0.69	0.18	0.6	0.22	0.72	0.79	0.63	0.25	0.48	0.63	-0.35	-0.11	-0.02
Property Plant And Equipment Net	0.82	-0.21	-0.24	0.44	0.73		-0.42	0.64	0.81	-0.4	0.13	0.37	0.29	0.96	0.61	0.54	0.54	1.0	0.64	0.32	0.29	0.23	0.28	-0.35	0.2	0.06
Net Debt	-0.72	0.35	0.2	-0.5	-0.79	-0.42		-0.72	-0.55	0.47	-0.13	-0.62	0.14	-0.38	-0.17	-0.63	-0.21	-0.4	-0.77	-0.41	-0.34	-0.68	-0.73	0.55	0.16	0.02
Retained Earnings	0.81	-0.22	0.02	0.2	0.95	0.64	-0.72		0.81	-0.2	0.13	0.23	0.05	0.6	0.07	0.35	0.12	0.62	0.72	0.72	0.16	0.5	0.64	-0.12	-0.29	-0.32
Non Current Assets Total	0.84	-0.39	-0.1	0.32	0.88	0.81	-0.55	0.81		-0.25	-0.04	0.42	0.0	0.72	0.34	0.56	0.22	0.79	0.53	0.61	0.27	0.22	0.31	-0.22	0.07	0.07
Non Currrent Assets Other	-0.35	-0.11	0.56	-0.31	-0.27	-0.4	0.47	-0.2	-0.25		0.12	-0.46	-0.31	-0.44	-0.16	-0.42	-0.43	-0.38	-0.4	0.03	-0.05	-0.5	-0.27	0.52	0.0	-0.03
Net Receivables	0.25	0.14	0.51	0.58	0.1	0.13	-0.13	0.13	-0.04	0.12		-0.13	0.14	0.05	0.12	-0.13	0.53	0.14	0.44	-0.22	0.66	0.27	0.34	0.08	-0.27	-0.09
Common Stock Shares Outstanding	0.56	-0.48	-0.58	0.59	0.5	0.37	-0.62	0.23	0.42	-0.46	-0.13		-0.31	0.35	0.23	0.96	0.23	0.37	0.49	-0.01	0.39	0.23	0.31	-0.86	0.25	0.66
Non Current Liabilities Total	0.19	0.83	-0.28	-0.13	-0.03	0.29	0.14	0.05	0.0	-0.31	0.14	-0.31		0.23	0.01	-0.31	0.68	0.29	0.32	0.2	-0.29	0.51	0.36	0.3	0.04	-0.19
Inventory	0.73	-0.26	-0.3	0.3	0.69	0.96	-0.38	0.6	0.72	-0.44	0.05	0.35	0.23		0.53	0.5	0.4	0.96	0.58	0.21	0.14	0.14	0.19	-0.37	0.2	0.01
Other Current Assets	0.28	-0.41	-0.1	0.48	0.18	0.61	-0.17	0.07	0.34	-0.16	0.12	0.23	0.01	0.53		0.4	0.36	0.62	0.15	-0.22	0.4	-0.17	-0.16	-0.32	0.46	0.09
Other Stockholder Equity	0.63	-0.54	-0.53	0.64	0.6	0.54	-0.63	0.35	0.56	-0.42	-0.13	0.96	-0.31	0.5	0.4		0.25	0.54	0.51	0.06	0.46	0.17	0.28	-0.88	0.28	0.53
Total Liab	0.53	0.45	-0.25	0.61	0.22	0.54	-0.21	0.12	0.22	-0.43	0.53	0.23	0.68	0.4	0.36	0.25		0.55	0.63	-0.02	0.43	0.55	0.48	-0.24	0.14	0.21
Property Plant And Equipment Gross	0.8	-0.2	-0.24	0.44	0.72	1.0	-0.4	0.62	0.79	-0.38	0.14	0.37	0.29	0.96	0.62	0.54	0.55		0.63	0.3	0.29	0.21	0.27	-0.36	0.22	0.06
Total Current Assets	0.88	0.05	-0.27	0.54	0.79	0.64	-0.77	0.72	0.53	-0.4	0.44	0.49	0.32	0.58	0.15	0.51	0.63	0.63		0.37	0.33	0.78	0.88	-0.41	-0.14	0.04
Short Term Debt	0.51	0.1	0.05	-0.19	0.63	0.32	-0.41	0.72	0.61	0.03	-0.22	-0.01	0.2	0.21	-0.22	0.06	-0.02	0.3	0.37		-0.19	0.47	0.53	0.19	-0.2	-0.23
Accounts Payable	0.35	-0.33	0.33	0.93	0.25	0.29	-0.34	0.16	0.27	-0.05	0.66	0.39	-0.29	0.14	0.4	0.46	0.43	0.29	0.33	-0.19		0.06	0.17	-0.44	-0.06	0.21
Cash	0.57	0.44	-0.26	0.27	0.48	0.23	-0.68	0.5	0.22	-0.5	0.27	0.23	0.51	0.14	-0.17	0.17	0.55	0.21	0.78	0.47	0.06		0.92	-0.18	-0.3	-0.14
Cash And Short Term Investments	0.67	0.29	-0.19	0.33	0.63	0.28	-0.73	0.64	0.31	-0.27	0.34	0.31	0.36	0.19	-0.16	0.28	0.48	0.27	0.88	0.53	0.17	0.92		-0.21	-0.31	-0.11
Intangible Assets	-0.39	0.39	0.54	-0.66	-0.35	-0.35	0.55	-0.12	-0.22	0.52	0.08	-0.86	0.3	-0.37	-0.32	-0.88	-0.24	-0.36	-0.41	0.19	-0.44	-0.18	-0.21		-0.18	-0.39
Common Stock Total Equity	0.03	-0.22	-0.39	0.04	-0.11	0.2	0.16	-0.29	0.07	0.0	-0.27	0.25	0.04	0.2	0.46	0.28	0.14	0.22	-0.14	-0.2	-0.06	-0.3	-0.31	-0.18		0.49
Common Stock	0.19	-0.24	-0.39	0.31	-0.02	0.06	0.02	-0.32	0.07	-0.03	-0.09	0.66	-0.19	0.01	0.09	0.53	0.21	0.06	0.04	-0.23	0.21	-0.14	-0.11	-0.39	0.49

Click cells to compare fundamentals

Culp Account Relationship Matchups

Culp fundamental ratios Accounts

	2019	2020	2021	2022	2023	2024 (projected)
Total Assets	215.1M	214.1M	177.6M	152.2M	132.1M	195.4M
Short Long Term Debt Total	42.2M	9.6M	10.3M	6.3M	4.5M	4.3M
Other Current Liab	6.1M	14.8M	7.8M	9.9M	8.0M	8.2M
Total Current Liabilities	40.1M	61.2M	32.6M	44.0M	38.1M	43.3M
Total Stockholder Equity	129.7M	129.0M	119.5M	89.1M	76.1M	101.4M
Property Plant And Equipment Net	47.1M	55.7M	57.3M	44.3M	39.4M	44.4M
Net Debt	(27.6M)	(27.5M)	(4.3M)	(14.7M)	(5.5M)	(5.3M)
Retained Earnings	86.5M	84.4M	75.7M	44.2M	30.4M	28.9M
Non Current Assets Total	63.4M	70.9M	70.4M	56.7M	51.2M	62.9M
Non Currrent Assets Other	664K	2.0M	595K	2.6M	2.3M	3.2M
Net Receivables	26.7M	37.7M	23.1M	25.0M	21.5M	26.8M
Common Stock Shares Outstanding	12.4M	12.3M	12.2M	12.3M	12.4M	13.1M
Liabilities And Stockholders Equity	215.1M	214.1M	177.6M	152.2M	132.1M	195.4M
Non Current Liabilities Total	45.3M	23.8M	25.5M	19.1M	17.8M	16.9M
Inventory	47.9M	55.9M	66.6M	45.1M	44.8M	47.9M
Other Current Assets	2.1M	3.9M	3.0M	4.5M	3.6M	3.0M
Other Stockholder Equity	42.6M	43.8M	43.1M	44.3M	45.0M	47.5M
Total Liab	85.4M	85.1M	58.1M	63.1M	55.9M	68.3M
Property Plant And Equipment Gross	47.1M	55.7M	57.3M	44.3M	39.9M	44.7M
Total Current Assets	151.7M	143.2M	107.2M	95.5M	80.9M	109.0M
Accumulated Other Comprehensive Income	(10K)	146K	32K	19K	118K	123.9K
Accounts Payable	23.1M	42.9M	20.6M	29.5M	25.6M	28.1M
Cash	69.8M	37.0M	14.6M	21.0M	10.0M	17.4M
Cash And Short Term Investments	75.0M	45.7M	14.6M	22.4M	10.9M	20.6M
Intangible Assets	3.4M	3.0M	2.6M	2.3M	1.9M	1.8M
Common Stock Total Equity	623K	620K	615K	616K	708.4K	675.9K
Common Stock	623K	620K	615K	616K	624K	673.1K
Other Assets	9.3M	11.0M	10.5M	10.1M	11.6M	11.4M
Property Plant Equipment	47.1M	55.7M	57.3M	44.3M	39.9M	43.2M
Current Deferred Revenue	502K	540K	520K	1.2M	1.5M	1.4M
Short Term Investments	5.2M	8.7M	0.0	1.4M	903K	857.9K
Other Liab	13.5M	17.0M	18.4M	15.5M	17.8M	12.1M
Net Tangible Assets	126.3M	126.0M	116.9M	86.8M	99.9M	128.6M

Pair Trading with Culp

One of the main advantages of trading using pair correlations is that every trade hedges away some risk. Because there are two separate transactions required, even if Culp position performs unexpectedly, the other equity can make up some of the losses. Pair trading also minimizes risk from directional movements in the market. For example, if an entire industry or sector drops because of unexpected headlines, the short position in Culp will appreciate offsetting losses from the drop in the long position's value.

Moving together with Culp Stock

0.88

DOOO

BRP Inc

Pair Corr

Moving against Culp Stock

0.75	DOGZ	Dogness International	Pair Corr
0.73	KTB	Kontoor Brands	Pair Corr
0.7	RL	Ralph Lauren Corp	Pair Corr
0.69	WWW	Wolverine World Wide	Pair Corr
0.6	PVH	PVH Corp	Pair Corr

The ability to find closely correlated positions to Culp could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Culp when you sell it. If you don't do this, your portfolio allocation will be skewed against your target asset allocation. So, investors can't just sell and buy back Culp - that would be a violation of the tax code under the "wash sale" rule, and this is why you need to find a similar enough asset and use the proceeds from selling Culp Inc to buy it.

The correlation of Culp is a statistical measure of how it moves in relation to other instruments. This measure is expressed in what is known as the correlation coefficient, which ranges between -1 and +1. A perfect positive correlation (i.e., a correlation coefficient of +1) implies that as Culp moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Culp Inc moves in either direction, the perfectly negatively correlated security will move in the opposite direction. If the correlation is 0, the equities are not correlated; they are entirely random. A correlation greater than 0.8 is generally described as strong, whereas a correlation less than 0.5 is generally considered weak.

Correlation analysis and pair trading evaluation for Culp can also be used as hedging techniques within a particular sector or industry or even over random equities to generate a better risk-adjusted return on your portfolios.

Pair Correlation Correlation Matching

Additional Tools for Culp Stock Analysis

When running Culp's price analysis, check to measure Culp's market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy Culp is operating at the current time. Most of Culp's value examination focuses on studying past and present price action to predict the probability of Culp's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Culp's price. Additionally, you may evaluate how the addition of Culp to your portfolios can decrease your overall portfolio volatility.

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