Generic Begin Period Cash Flow vs Change In Working Capital Analysis

GENCON Stock   45.78  2.02  4.62%   
Generic Engineering financial indicator trend analysis is much more than just examining Generic Engineering latest accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Generic Engineering is a good investment. Please check the relationship between Generic Engineering Begin Period Cash Flow and its Change In Working Capital accounts. Check out Risk vs Return Analysis to better understand how to build diversified portfolios, which includes a position in Generic Engineering Construction. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in persons.

Begin Period Cash Flow vs Change In Working Capital

Begin Period 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 Generic Engineering Begin Period Cash Flow account and Change In Working Capital. At this time, the significance of the direction appears to have pay attention.
The correlation between Generic Engineering's Begin Period Cash Flow and Change In Working Capital is -0.87. Overlapping area represents the amount of variation of Begin Period Cash Flow that can explain the historical movement of Change In Working Capital in the same time period over historical financial statements of Generic Engineering Construction, assuming nothing else is changed. The correlation between historical values of Generic Engineering's Begin Period 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 Begin Period Cash Flow of Generic Engineering Construction 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 Begin Period Cash Flow i.e., Generic Engineering's Begin Period Cash Flow and Change In Working Capital go up and down completely randomly.

Correlation Coefficient

-0.87
Relationship DirectionNegative 
Relationship StrengthSignificant

Begin Period Cash Flow

The amount of cash a company has at the beginning of a financial reporting period. It serves as the starting point for calculating the period's cash flow from operations, investing, and financing activities.

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 Generic Engineering's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Generic Engineering 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 Risk vs Return Analysis to better understand how to build diversified portfolios, which includes a position in Generic Engineering Construction. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in persons.
The current year's Selling General Administrative is expected to grow to about 31.4 M, whereas Tax Provision is forecasted to decline to about 1.1 M.
 2021 2022 2023 2024 (projected)
Gross Profit472.1M627.2M272.4M303.0M
Total Revenue2.6B2.7B2.9B1.7B

Generic Engineering fundamental ratios Correlations

0.97-0.860.880.990.940.710.910.180.970.440.440.990.630.960.490.890.890.910.960.550.740.950.450.910.23
0.97-0.790.850.950.980.830.91-0.020.970.520.280.940.670.990.370.850.870.860.90.580.690.910.440.970.14
-0.86-0.79-0.98-0.84-0.73-0.64-0.93-0.29-0.77-0.12-0.38-0.85-0.39-0.78-0.8-0.98-0.97-0.98-0.84-0.43-0.96-0.79-0.74-0.78-0.07
0.880.85-0.980.850.810.770.980.130.820.240.280.850.480.850.720.981.00.990.830.470.950.820.730.850.01
0.990.95-0.840.850.940.690.90.210.980.460.491.00.660.950.470.890.870.90.970.560.710.960.40.880.29
0.940.98-0.730.810.940.840.9-0.070.980.570.280.920.740.980.290.80.830.830.860.60.640.930.360.950.17
0.710.83-0.640.770.690.840.84-0.490.770.47-0.160.660.620.820.350.710.780.730.590.580.660.710.560.90.02
0.910.91-0.930.980.90.90.840.030.890.350.280.90.60.90.630.970.980.980.850.570.90.890.670.910.09
0.18-0.02-0.290.130.21-0.07-0.490.030.07-0.230.760.25-0.1-0.010.240.220.120.210.34-0.190.150.14-0.08-0.180.11
0.970.97-0.770.820.980.980.770.890.070.530.370.960.770.960.360.840.840.860.940.540.640.970.310.90.29
0.440.52-0.120.240.460.570.470.35-0.230.530.290.430.310.6-0.280.180.250.260.450.50.020.38-0.010.460.03
0.440.28-0.380.280.490.28-0.160.280.760.370.290.540.070.340.140.350.280.380.570.410.190.360.090.140.14
0.990.94-0.850.851.00.920.660.90.250.960.430.540.630.930.480.890.870.90.960.590.710.950.420.870.29
0.630.67-0.390.480.660.740.620.6-0.10.770.310.070.630.620.110.530.520.520.620.310.290.8-0.10.570.41
0.960.99-0.780.850.950.980.820.9-0.010.960.60.340.930.620.340.830.860.860.890.630.690.890.460.960.08
0.490.37-0.80.720.470.290.350.630.240.36-0.280.140.480.110.340.730.70.710.490.180.820.450.720.390.12
0.890.85-0.980.980.890.80.710.970.220.840.180.350.890.530.830.730.990.990.870.460.930.870.670.830.15
0.890.87-0.971.00.870.830.780.980.120.840.250.280.870.520.860.70.990.990.840.480.950.840.710.860.03
0.910.86-0.980.990.90.830.730.980.210.860.260.380.90.520.860.710.990.990.880.510.930.870.680.840.11
0.960.9-0.840.830.970.860.590.850.340.940.450.570.960.620.890.490.870.840.880.510.670.910.360.790.32
0.550.58-0.430.470.560.60.580.57-0.190.540.50.410.590.310.630.180.460.480.510.510.350.450.530.63-0.03
0.740.69-0.960.950.710.640.660.90.150.640.020.190.710.290.690.820.930.950.930.670.350.670.830.74-0.1
0.950.91-0.790.820.960.930.710.890.140.970.380.360.950.80.890.450.870.840.870.910.450.670.290.840.43
0.450.44-0.740.730.40.360.560.67-0.080.31-0.010.090.42-0.10.460.720.670.710.680.360.530.830.290.58-0.34
0.910.97-0.780.850.880.950.90.91-0.180.90.460.140.870.570.960.390.830.860.840.790.630.740.840.580.05
0.230.14-0.070.010.290.170.020.090.110.290.030.140.290.410.080.120.150.030.110.32-0.03-0.10.43-0.340.05
Click cells to compare fundamentals

Generic Engineering Account Relationship Matchups

Generic Engineering fundamental ratios Accounts

201920202021202220232024 (projected)
Total Assets2.6B2.7B3.2B3.9B4.6B2.4B
Short Long Term Debt Total405.8M470.9M521.7M592.3M681.2M342.0M
Other Current Liab(309.6M)(291.4M)(351.6M)(518.1M)(923.6M)(877.4M)
Total Current Liabilities748.9M781.4M1.1B1.3B2.0B2.1B
Total Stockholder Equity1.8B1.8B2.0B2.5B2.6B1.5B
Property Plant And Equipment Net466.4M566.1M685.6M730.2M669.4M373.2M
Net Debt393.5M426.5M519.1M548.9M570.5M599.1M
Retained Earnings408.9M434.6M573.8M727.0M836.0M877.8M
Cash12.2M44.4M2.6M43.4M110.7M94.2M
Non Current Assets Total1.0B1.1B1.3B1.3B1.2B817.5M
Non Currrent Assets Other384.3M28.1M622.2M793.7M1K950.0
Cash And Short Term Investments94.7M82.4M48.2M582.4M110.7M105.2M
Common Stock Shares Outstanding41.2M42.1M42.2M58.5M58.1M38.5M
Liabilities And Stockholders Equity2.6B2.7B3.2B3.9B4.6B2.4B
Non Current Liabilities Total57.9M123.2M86.7M46.5M27.5M51.8M
Inventory440.3M492.3M680.9M839.3M799.6M411.5M
Other Current Assets1K922.4M(1K)106.1M1.1B1.1B
Total Liab806.8M904.6M1.2B1.3B2.0B2.1B
Total Current Assets1.6B1.6B1.9B2.6B3.4B3.6B
Common Stock181.8M201.7M210.7M265.2M265.2M199.3M
Current Deferred Revenue35.3M79.5M10.5M187.1M67.7M61.5M
Accounts Payable309.6M291.4M499.2M524.2M1.1B1.1B
Other Assets384.3M401.0M404.5M368.2M423.5M319.1M
Short Term Investments82.5M38.0M45.7M538.9M747.2M784.5M
Short Term Debt403.9M410.6M443.6M555.1M658.2M396.8M
Other Liab56.0M25.4M8.7M9.3M8.3M7.9M
Net Tangible Assets1.6B1.6B1.8B2.3B2.7B1.8B
Net Receivables1.0B992.7M1.2B1.1B1.4B1.1B
Intangible Assets147.3K54.3K20K7K6.3K6.0K
Property Plant Equipment466.2M566.0M683.9M730.2M839.7M497.1M
Long Term Debt1.9M60.3M78.1M37.2M18.5M36.2M
Net Invested Capital2.2B2.3B2.5B3.1B3.3B2.8B
Short Long Term Debt403.9M410.6M426.3M555.1M658.2M475.9M
Net Working Capital806.7M786.0M803.2M1.3B1.4B1.1B

Also Currently Popular

Analyzing currently trending equities could be an opportunity to develop a better portfolio based on different market momentums that they can trigger. Utilizing the top trending stocks is also useful when creating a market-neutral strategy or pair trading technique involving a short or a long position in a currently trending equity.

Other Information on Investing in Generic Stock

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