FREYR Investments vs Free Cash Flow Analysis

FREY Stock

USD 2.16 0.35 19.34%

FREYR Battery financial indicator trend analysis is much more than just examining FREYR Battery SA latest accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether FREYR Battery SA is a good investment. Please check the relationship between FREYR Battery Investments and its Free Cash Flow accounts. Check out Investing Opportunities to better understand how to build diversified portfolios, which includes a position in FREYR Battery SA. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in income.

Investments vs Free Cash Flow

Investments vs Free Cash Flow Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of FREYR Battery SA Investments account and Free Cash Flow. At this time, the significance of the direction appears to have almost identical trend.

The correlation between FREYR Battery's Investments and Free Cash Flow is 0.97. Overlapping area represents the amount of variation of Investments that can explain the historical movement of Free Cash Flow in the same time period over historical financial statements of FREYR Battery SA, assuming nothing else is changed. The correlation between historical values of FREYR Battery's Investments and Free Cash Flow is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Investments of FREYR Battery SA are associated (or correlated) with its Free Cash Flow. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Free Cash Flow has no effect on the direction of Investments i.e., FREYR Battery's Investments and Free Cash Flow go up and down completely randomly.

Correlation Coefficient

0.97

Relationship Direction	Positive
Relationship Strength	Very Strong

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Investments

Securities or assets acquired for generating income or appreciating in value, not used in daily operations.

Free Cash Flow

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

Most indicators from FREYR Battery's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into FREYR Battery SA 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 Investing Opportunities to better understand how to build diversified portfolios, which includes a position in FREYR Battery SA. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in income.

At this time, FREYR Battery's Tax Provision is fairly stable compared to the past year. Issuance Of Capital Stock is likely to rise to about 303.2 M in 2024, whereas Selling General Administrative is likely to drop slightly above 62.5 M in 2024.

	2021	2022	2023	2024 (projected)
Reconciled Depreciation	120K	478K	2.1M	2.2M
Cost Of Revenue	120K	478K	4.7M	4.9M

Reconciled Depreciation Cost Of Revenue

FREYR Battery fundamental ratios Correlations

	Total Assets	Short Long Term Debt Total	Other Current Liab	Total Current Liabilities	Total Stockholder Equity	Other Liab	Net Tangible Assets	Property Plant And Equipment Net	Net Debt	Retained Earnings	Accounts Payable	Cash	Non Current Assets Total	Non Currrent Assets Other	Cash And Short Term Investments	Net Receivables	Common Stock Shares Outstanding	Non Current Liabilities Total	Other Current Assets	Other Stockholder Equity	Total Liab	Total Current Assets	Common Stock	Property Plant Equipment	Current Deferred Revenue	Net Invested Capital
Total Assets		0.84	0.87	0.91	0.94	0.86	0.88	0.73	-0.84	-0.84	0.69	0.85	0.2	-0.01	0.86	-0.42	0.93	0.91	0.8	0.92	0.94	0.88	0.69	0.8	-0.35	0.93
Short Long Term Debt Total	0.84		0.76	0.85	0.91	0.86	0.99	0.92	-0.79	-0.98	0.94	0.82	-0.01	0.28	0.83	-0.78	0.91	0.91	0.63	0.93	0.92	0.83	0.44	0.92	-0.66	0.93
Other Current Liab	0.87	0.76		0.97	0.91	0.73	0.84	0.72	-0.78	-0.82	0.61	0.8	-0.02	0.06	0.8	-0.36	0.87	0.81	0.98	0.87	0.91	0.86	0.76	0.83	-0.29	0.87
Total Current Liabilities	0.91	0.85	0.97		0.95	0.78	0.91	0.82	-0.77	-0.91	0.75	0.79	0.08	0.09	0.8	-0.47	0.96	0.86	0.91	0.95	0.96	0.86	0.65	0.9	-0.46	0.95
Total Stockholder Equity	0.94	0.91	0.91	0.95		0.94	0.95	0.78	-0.91	-0.91	0.74	0.93	-0.07	0.29	0.94	-0.47	0.95	0.98	0.81	0.98	1.0	0.95	0.73	0.84	-0.38	0.99
Other Liab	0.86	0.86	0.73	0.78	0.94		0.87	0.62	-0.96	-0.79	0.64	0.97	-0.23	0.48	0.97	-0.4	0.83	0.99	0.6	0.9	0.93	0.95	0.74	0.65	-0.23	0.92
Net Tangible Assets	0.88	0.99	0.84	0.91	0.95	0.87		0.91	-0.82	-0.98	0.91	0.85	-0.03	0.26	0.86	-0.73	0.94	0.93	0.73	0.95	0.95	0.88	0.53	0.93	-0.61	0.96
Property Plant And Equipment Net	0.73	0.92	0.72	0.82	0.78	0.62	0.91		-0.52	-0.97	0.98	0.56	0.21	0.03	0.58	-0.87	0.87	0.71	0.62	0.84	0.79	0.61	0.18	0.98	-0.86	0.82
Net Debt	-0.84	-0.79	-0.78	-0.77	-0.91	-0.96	-0.82	-0.52		0.72	-0.52	-1.0	0.36	-0.48	-1.0	0.29	-0.75	-0.95	-0.69	-0.83	-0.9	-0.99	-0.87	-0.59	0.06	-0.86
Retained Earnings	-0.84	-0.98	-0.82	-0.91	-0.91	-0.79	-0.98	-0.97	0.72		-0.95	-0.75	-0.07	-0.18	-0.77	0.78	-0.95	-0.86	-0.71	-0.94	-0.92	-0.79	-0.41	-0.97	0.72	-0.94
Accounts Payable	0.69	0.94	0.61	0.75	0.74	0.64	0.91	0.98	-0.52	-0.95		0.56	0.17	0.12	0.58	-0.92	0.84	0.72	0.49	0.81	0.76	0.59	0.12	0.94	-0.88	0.8
Cash	0.85	0.82	0.8	0.79	0.93	0.97	0.85	0.56	-1.0	-0.75	0.56		-0.34	0.47	1.0	-0.34	0.78	0.96	0.71	0.85	0.92	0.99	0.85	0.63	-0.11	0.88
Non Current Assets Total	0.2	-0.01	-0.02	0.08	-0.07	-0.23	-0.03	0.21	0.36	-0.07	0.17	-0.34		-0.86	-0.32	-0.12	0.17	-0.16	-0.01	0.04	-0.06	-0.28	-0.39	0.19	-0.41	0.01
Non Currrent Assets Other	-0.01	0.28	0.06	0.09	0.29	0.48	0.26	0.03	-0.48	-0.18	0.12	0.47	-0.86		0.46	-0.07	0.12	0.41	-0.03	0.24	0.28	0.4	0.32	0.01	0.12	0.27
Cash And Short Term Investments	0.86	0.83	0.8	0.8	0.94	0.97	0.86	0.58	-1.0	-0.77	0.58	1.0	-0.32	0.46		-0.36	0.79	0.97	0.71	0.87	0.93	0.99	0.84	0.65	-0.13	0.89
Net Receivables	-0.42	-0.78	-0.36	-0.47	-0.47	-0.4	-0.73	-0.87	0.29	0.78	-0.92	-0.34	-0.12	-0.07	-0.36		-0.56	-0.46	-0.25	-0.54	-0.48	-0.35	0.13	-0.79	0.89	-0.52
Common Stock Shares Outstanding	0.93	0.91	0.87	0.96	0.95	0.83	0.94	0.87	-0.75	-0.95	0.84	0.78	0.17	0.12	0.79	-0.56		0.9	0.77	0.99	0.96	0.82	0.53	0.91	-0.58	0.98
Non Current Liabilities Total	0.91	0.91	0.81	0.86	0.98	0.99	0.93	0.71	-0.95	-0.86	0.72	0.96	-0.16	0.41	0.97	-0.46	0.9		0.69	0.95	0.97	0.96	0.72	0.75	-0.32	0.97
Other Current Assets	0.8	0.63	0.98	0.91	0.81	0.6	0.73	0.62	-0.69	-0.71	0.49	0.71	-0.01	-0.03	0.71	-0.25	0.77	0.69		0.76	0.82	0.79	0.76	0.75	-0.19	0.76
Other Stockholder Equity	0.92	0.93	0.87	0.95	0.98	0.9	0.95	0.84	-0.83	-0.94	0.81	0.85	0.04	0.24	0.87	-0.54	0.99	0.95	0.76		0.99	0.89	0.6	0.88	-0.51	1.0
Total Liab	0.94	0.92	0.91	0.96	1.0	0.93	0.95	0.79	-0.9	-0.92	0.76	0.92	-0.06	0.28	0.93	-0.48	0.96	0.97	0.82	0.99		0.95	0.72	0.85	-0.4	0.99
Total Current Assets	0.88	0.83	0.86	0.86	0.95	0.95	0.88	0.61	-0.99	-0.79	0.59	0.99	-0.28	0.4	0.99	-0.35	0.82	0.96	0.79	0.89	0.95		0.86	0.69	-0.15	0.91
Common Stock	0.69	0.44	0.76	0.65	0.73	0.74	0.53	0.18	-0.87	-0.41	0.12	0.85	-0.39	0.32	0.84	0.13	0.53	0.72	0.76	0.6	0.72	0.86		0.32	0.34	0.64
Property Plant Equipment	0.8	0.92	0.83	0.9	0.84	0.65	0.93	0.98	-0.59	-0.97	0.94	0.63	0.19	0.01	0.65	-0.79	0.91	0.75	0.75	0.88	0.85	0.69	0.32		-0.77	0.87
Current Deferred Revenue	-0.35	-0.66	-0.29	-0.46	-0.38	-0.23	-0.61	-0.86	0.06	0.72	-0.88	-0.11	-0.41	0.12	-0.13	0.89	-0.58	-0.32	-0.19	-0.51	-0.4	-0.15	0.34	-0.77		-0.48
Net Invested Capital	0.93	0.93	0.87	0.95	0.99	0.92	0.96	0.82	-0.86	-0.94	0.8	0.88	0.01	0.27	0.89	-0.52	0.98	0.97	0.76	1.0	0.99	0.91	0.64	0.87	-0.48

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FREYR Battery Account Relationship Matchups

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FREYR Investments vs Free Cash Flow Analysis

Investments vs Free Cash Flow

Investments vs Free Cash Flow Correlation Analysis

Correlation Coefficient

Investments

Free Cash Flow

FREYR Battery fundamental ratios Correlations

FREYR Battery Account Relationship Matchups

High Positive Relationship

High Negative Relationship

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Additional Tools for FREYR Stock Analysis

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Total Liab	+ 1.0	Total Stockholder Equity
Cash And Short Term Investments	+ 1.0	Cash
Net Invested Capital	+ 1.0	Other Stockholder Equity
Net Tangible Assets	+ 0.99	Short Long Term Debt Total
Net Invested Capital	+ 0.99	Total Stockholder Equity
Non Current Liabilities Total	+ 0.99	Other Liab

Cash And Short Term Investments	- 1.0	Net Debt
Cash	- 1.0	Net Debt
Total Current Assets	- 0.99	Net Debt
Retained Earnings	- 0.98	Net Tangible Assets
Retained Earnings	- 0.98	Short Long Term Debt Total
Property Plant Equipment	- 0.97	Retained Earnings