Indian Change In Working Capital vs Free Cash Flow Analysis

IEX Stock

180.62 0.49 0.27%

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

Change In Working Capital vs Free Cash Flow

Change In Working Capital vs Free Cash Flow Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Indian Energy Exchange Change In Working Capital account and Free Cash Flow. At this time, the significance of the direction appears to have almost identical trend.

The correlation between Indian Energy's Change In Working Capital and Free Cash Flow is 0.91. Overlapping area represents the amount of variation of Change In Working Capital that can explain the historical movement of Free Cash Flow in the same time period over historical financial statements of Indian Energy Exchange, assuming nothing else is changed. The correlation between historical values of Indian Energy's Change In Working Capital 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 Change In Working Capital of Indian Energy Exchange 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 Change In Working Capital i.e., Indian Energy's Change In Working Capital and Free Cash Flow go up and down completely randomly.

Correlation Coefficient

0.91

Relationship Direction	Positive
Relationship Strength	Very Strong

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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.

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 Indian Energy's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Indian Energy Exchange 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 Indian Energy Exchange. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as various price indices.

The current year's Selling General Administrative is expected to grow to about 410.8 M, whereas Tax Provision is forecasted to decline to about 812 M.

	2021	2022	2023	2024 (projected)
Interest Expense	19.7M	24.6M	28.3M	29.8M
Depreciation And Amortization	172.3M	185.9M	204.7M	116.3M

Interest Expense Depreciation And Amortization

Indian Energy fundamental ratios Correlations

	Total Assets	Other Current Liab	Total Current Liabilities	Total Stockholder Equity	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	Short Term Investments	Non Current Liabilities Total	Inventory	Other Current Assets	Other Stockholder Equity	Total Liab	Total Current Assets	Intangible Assets	Common Stock	Short Long Term Debt Total	Other Liab	Net Tangible Assets
Total Assets		0.79	0.98	0.86	0.81	-0.62	0.86	0.89	0.69	0.75	-0.02	0.94	0.64	-0.21	0.95	0.62	-0.6	0.72	-0.15	0.98	0.95	0.65	0.84	0.34	0.26	0.86
Other Current Liab	0.79		0.85	0.62	0.57	-0.6	0.61	0.71	0.64	0.48	-0.15	0.81	0.69	-0.17	0.81	0.27	-0.67	0.41	-0.26	0.84	0.82	0.67	0.6	0.34	0.16	0.61
Total Current Liabilities	0.98	0.85		0.8	0.74	-0.71	0.79	0.89	0.78	0.65	-0.03	0.97	0.7	-0.19	0.96	0.54	-0.66	0.7	-0.15	1.0	0.97	0.64	0.81	0.32	0.19	0.81
Total Stockholder Equity	0.86	0.62	0.8		0.73	-0.55	1.0	0.93	0.5	0.91	0.09	0.76	0.71	-0.65	0.78	0.58	-0.36	0.61	-0.14	0.81	0.77	0.56	0.95	0.35	0.29	0.97
Property Plant And Equipment Net	0.81	0.57	0.74	0.73		-0.23	0.76	0.63	0.31	0.72	-0.05	0.71	0.29	-0.21	0.76	0.7	-0.71	0.85	-0.06	0.76	0.7	0.72	0.59	0.52	0.33	0.69
Net Debt	-0.62	-0.6	-0.71	-0.55	-0.23		-0.53	-0.78	-0.97	-0.25	-0.1	-0.77	-0.72	0.34	-0.69	-0.39	0.37	-0.23	-0.03	-0.71	-0.77	-0.15	-0.66	-0.09	0.16	-0.62
Retained Earnings	0.86	0.61	0.79	1.0	0.76	-0.53		0.92	0.48	0.91	0.07	0.76	0.68	-0.64	0.78	0.61	-0.38	0.64	-0.13	0.8	0.77	0.58	0.93	0.35	0.3	0.97
Accounts Payable	0.89	0.71	0.89	0.93	0.63	-0.78	0.92		0.74	0.74	0.09	0.88	0.79	-0.57	0.87	0.51	-0.44	0.58	-0.09	0.9	0.89	0.48	0.96	0.25	0.16	0.96
Cash	0.69	0.64	0.78	0.5	0.31	-0.97	0.48	0.74		0.21	0.05	0.83	0.64	-0.12	0.76	0.45	-0.47	0.31	0.04	0.78	0.84	0.2	0.6	0.1	-0.13	0.57
Non Current Assets Total	0.75	0.48	0.65	0.91	0.72	-0.25	0.91	0.74	0.21		-0.01	0.52	0.55	-0.57	0.56	0.56	-0.28	0.65	-0.28	0.66	0.53	0.66	0.83	0.42	0.26	0.83
Non Currrent Assets Other	-0.02	-0.15	-0.03	0.09	-0.05	-0.1	0.07	0.09	0.05	-0.01		0.03	0.01	-0.17	0.03	-0.24	0.18	-0.11	0.63	-0.04	0.02	-0.29	0.12	0.25	-0.44	0.08
Cash And Short Term Investments	0.94	0.81	0.97	0.76	0.71	-0.77	0.76	0.88	0.83	0.52	0.03		0.63	-0.18	0.99	0.54	-0.66	0.61	-0.02	0.97	1.0	0.49	0.77	0.25	0.2	0.81
Net Receivables	0.64	0.69	0.7	0.71	0.29	-0.72	0.68	0.79	0.64	0.55	0.01	0.63		-0.55	0.6	0.18	-0.23	0.36	-0.25	0.69	0.67	0.54	0.74	0.24	0.08	0.66
Common Stock Shares Outstanding	-0.21	-0.17	-0.19	-0.65	-0.21	0.34	-0.64	-0.57	-0.12	-0.57	-0.17	-0.18	-0.55		-0.19	-0.19	-0.03	-0.18	0.03	-0.19	-0.19	-0.2	-0.61	-0.19	-0.05	-0.61
Short Term Investments	0.95	0.81	0.96	0.78	0.76	-0.69	0.78	0.87	0.76	0.56	0.03	0.99	0.6	-0.19		0.54	-0.67	0.64	-0.03	0.96	0.99	0.52	0.78	0.27	0.26	0.82
Non Current Liabilities Total	0.62	0.27	0.54	0.58	0.7	-0.39	0.61	0.51	0.45	0.56	-0.24	0.54	0.18	-0.19	0.54		-0.49	0.58	-0.05	0.57	0.54	0.42	0.48	0.17	0.11	0.57
Inventory	-0.6	-0.67	-0.66	-0.36	-0.71	0.37	-0.38	-0.44	-0.47	-0.28	0.18	-0.66	-0.23	-0.03	-0.67	-0.49		-0.62	0.21	-0.67	-0.63	-0.68	-0.25	-0.45	0.13	-0.34
Other Current Assets	0.72	0.41	0.7	0.61	0.85	-0.23	0.64	0.58	0.31	0.65	-0.11	0.61	0.36	-0.18	0.64	0.58	-0.62		-0.09	0.71	0.6	0.73	0.56	0.45	0.24	0.57
Other Stockholder Equity	-0.15	-0.26	-0.15	-0.14	-0.06	-0.03	-0.13	-0.09	0.04	-0.28	0.63	-0.02	-0.25	0.03	-0.03	-0.05	0.21	-0.09		-0.15	-0.04	-0.44	-0.04	-0.25	-0.12	-0.06
Total Liab	0.98	0.84	1.0	0.81	0.76	-0.71	0.8	0.9	0.78	0.66	-0.04	0.97	0.69	-0.19	0.96	0.57	-0.67	0.71	-0.15		0.97	0.64	0.81	0.32	0.19	0.82
Total Current Assets	0.95	0.82	0.97	0.77	0.7	-0.77	0.77	0.89	0.84	0.53	0.02	1.0	0.67	-0.19	0.99	0.54	-0.63	0.6	-0.04	0.97		0.51	0.78	0.25	0.21	0.81
Intangible Assets	0.65	0.67	0.64	0.56	0.72	-0.15	0.58	0.48	0.2	0.66	-0.29	0.49	0.54	-0.2	0.52	0.42	-0.68	0.73	-0.44	0.64	0.51		0.41	0.53	0.12	0.43
Common Stock	0.84	0.6	0.81	0.95	0.59	-0.66	0.93	0.96	0.6	0.83	0.12	0.77	0.74	-0.61	0.78	0.48	-0.25	0.56	-0.04	0.81	0.78	0.41		0.19	0.26	0.97
Short Long Term Debt Total	0.34	0.34	0.32	0.35	0.52	-0.09	0.35	0.25	0.1	0.42	0.25	0.25	0.24	-0.19	0.27	0.17	-0.45	0.45	-0.25	0.32	0.25	0.53	0.19		-0.16	0.2
Other Liab	0.26	0.16	0.19	0.29	0.33	0.16	0.3	0.16	-0.13	0.26	-0.44	0.2	0.08	-0.05	0.26	0.11	0.13	0.24	-0.12	0.19	0.21	0.12	0.26	-0.16		0.32
Net Tangible Assets	0.86	0.61	0.81	0.97	0.69	-0.62	0.97	0.96	0.57	0.83	0.08	0.81	0.66	-0.61	0.82	0.57	-0.34	0.57	-0.06	0.82	0.81	0.43	0.97	0.2	0.32

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Indian Energy Account Relationship Matchups

Indian Energy fundamental ratios Accounts

	2019	2020	2021	2022	2023	2024 (projected)
Total Assets	6.7B	9.9B	17.0B	14.5B	17.7B	9.1B
Other Current Liab	91.9M	2.0B	3.1B	2.0B	1.8B	1.5B
Total Current Liabilities	2.4B	3.8B	9.5B	6.1B	7.5B	3.8B
Total Stockholder Equity	3.9B	5.3B	7.0B	8.0B	9.7B	10.2B
Property Plant And Equipment Net	218.3M	248.4M	202.4M	251.9M	201.9M	143.3M
Net Debt	10.5M	(343.2M)	(2.1B)	(429.3M)	(1.4B)	(1.3B)
Retained Earnings	3.5B	4.8B	6.0B	6.9B	8.7B	9.1B
Accounts Payable	765.7M	1.7B	6.4B	4.0B	5.6B	5.9B
Cash	128.6M	460.5M	2.2B	570.3M	1.5B	815.7M
Non Current Assets Total	3.2B	2.5B	2.2B	6.8B	5.9B	6.2B
Non Currrent Assets Other	633.3M	25.8M	2.5M	1.4B	1.9B	2.0B
Cash And Short Term Investments	3.4B	7.0B	13.7B	7.5B	10.2B	6.0B
Net Receivables	1.9M	32.0M	881.4M	73.8M	862.7M	905.9M
Common Stock Shares Outstanding	895.2M	895.6M	896.0M	895.5M	889.2M	721.2M
Short Term Investments	3.2B	6.6B	11.5B	7.0B	8.7B	5.2B
Liabilities And Stockholders Equity	6.7B	9.9B	17.0B	14.5B	17.7B	9.1B
Non Current Liabilities Total	439.3M	471.1M	390.8M	438.7M	501.2M	377.3M
Inventory	(3.1B)	(5.4B)	(6.2B)	(3.2B)	(857.6M)	(900.5M)
Other Current Assets	3.2B	953.3M	2.4B	2.2B	1.6B	1.1B
Other Stockholder Equity	90.3M	118.6M	143.4M	169.1M	822K	780.9K
Total Liab	2.8B	4.3B	9.9B	6.5B	8.0B	4.2B
Total Current Assets	3.4B	7.4B	14.7B	7.7B	11.8B	6.4B
Accumulated Other Comprehensive Income	(106.7M)	118.6M	143.4M	169.1M	169.0M	177.5M
Intangible Assets	1.0B	1.0B	945.1M	888.0M	848.0M	658.1M
Common Stock	298.3M	298.5M	897.8M	890.9M	1.0B	1.1B
Short Long Term Debt Total	158.3M	117.3M	100.1M	141.0M	103.6M	123.8M
Other Liab	299.5M	322.3M	371.0M	337.3M	387.9M	319.4M
Net Tangible Assets	2.7B	2.9B	4.2B	6.6B	7.6B	8.0B
Current Deferred Revenue	1.5B	2.1B	3.1B	1.8B	69.4M	65.9M
Other Assets	650.6M	59.8M	2.5M	716K	1.0	0.95
Short Term Debt	22.1M	(102.4M)	(45.9M)	(48.6M)	42.1M	44.2M
Property Plant Equipment	218.3M	248.4M	202.4M	251.9M	289.7M	145.5M
Long Term Debt Total	136.1M	100.1M	80.0M	103.6M	119.2M	66.0M
Cash And Equivalents	531.0M	508.2M	128.6M	646.1M	581.5M	420.9M
Net Invested Capital	3.9B	5.3B	7.0B	8.0B	9.7B	6.4B
Net Working Capital	1.1B	3.5B	5.2B	1.6B	4.3B	2.8B
Capital Stock	298.3M	298.5M	897.8M	890.9M	1.0B	656.0M

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NU	Nu Holdings
IBM	International Business Machines
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Other Information on Investing in Indian Stock

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

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Indian Change In Working Capital vs Free Cash Flow Analysis

Change In Working Capital vs Free Cash Flow

Change In Working Capital vs Free Cash Flow Correlation Analysis

Correlation Coefficient

Change In Working Capital

Free Cash Flow

Indian Energy fundamental ratios Correlations

Indian Energy Account Relationship Matchups

High Positive Relationship

High Negative Relationship

Indian Energy fundamental ratios Accounts

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Other Information on Investing in Indian Stock

COMMON DESTINATIONS

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COMPANY

Total Liab	+ 1.0	Total Current Liabilities
Retained Earnings	+ 1.0	Total Stockholder Equity
Total Current Assets	+ 1.0	Cash And Short Term Investments
Short Term Investments	+ 0.99	Cash And Short Term Investments
Total Current Assets	+ 0.99	Short Term Investments
Total Current Liabilities	+ 0.98	Total Assets

Cash	- 0.97	Net Debt
Accounts Payable	- 0.78	Net Debt
Total Current Assets	- 0.77	Net Debt
Cash And Short Term Investments	- 0.77	Net Debt
Net Receivables	- 0.72	Net Debt
Total Liab	- 0.71	Net Debt