23Andme Cash Per Share vs Free Cash Flow Yield Analysis

ME Stock  USD 3.51  0.13  3.57%   
23Andme Holding financial indicator trend analysis is way more than just evaluating 23Andme Holding prevailing accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether 23Andme Holding is a good investment. Please check the relationship between 23Andme Holding Cash Per Share and its Free Cash Flow Yield accounts. Check out Correlation Analysis to better understand how to build diversified portfolios, which includes a position in 23Andme Holding Co. 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.

Cash Per Share vs Free Cash Flow Yield

Cash Per Share vs Free Cash Flow Yield Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of 23Andme Holding Cash Per Share account and Free Cash Flow Yield. At this time, the significance of the direction appears to have weak contrarian relationship.
The correlation between 23Andme Holding's Cash Per Share and Free Cash Flow Yield is -0.03. Overlapping area represents the amount of variation of Cash Per Share that can explain the historical movement of Free Cash Flow Yield in the same time period over historical financial statements of 23Andme Holding Co, assuming nothing else is changed. The correlation between historical values of 23Andme Holding's Cash Per Share and Free Cash Flow Yield is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Cash Per Share of 23Andme Holding Co are associated (or correlated) with its Free Cash Flow Yield. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Free Cash Flow Yield has no effect on the direction of Cash Per Share i.e., 23Andme Holding's Cash Per Share and Free Cash Flow Yield go up and down completely randomly.

Correlation Coefficient

-0.03
Relationship DirectionNegative 
Relationship StrengthInsignificant

Cash Per Share

Free Cash Flow Yield

A financial solvency ratio that compares the free cash flow per share a company is expected to earn against its market value per share, calculated as free cash flow per share divided by market price per share.
Most indicators from 23Andme Holding's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into 23Andme Holding 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 Correlation Analysis to better understand how to build diversified portfolios, which includes a position in 23Andme Holding Co. 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 present, 23Andme Holding's Sales General And Administrative To Revenue is projected to increase slightly based on the last few years of reporting. The current year's Enterprise Value is expected to grow to about 5.1 B, whereas Issuance Of Capital Stock is forecasted to decline to 0.00.
 2021 2022 2023 2024 (projected)
Gross Profit132.9M134.5M99.4M107.2M
Total Revenue271.9M299.5M219.6M237.5M

23Andme Holding fundamental ratios Correlations

0.10.240.81-0.070.49-0.05-0.550.020.340.740.81-0.030.40.74-0.23-0.18-0.070.580.24-0.350.70.5-0.22-0.05-0.28
0.10.950.120.94-0.590.92-0.830.780.910.67-0.34-0.990.360.670.770.850.690.82-0.81-0.040.71-0.720.850.50.8
0.240.950.290.92-0.530.9-0.910.840.940.78-0.11-0.940.550.780.640.850.760.88-0.76-0.160.82-0.590.820.620.81
0.810.120.290.040.56-0.09-0.44-0.080.30.560.71-0.050.210.560.0-0.010.340.40.22-0.820.540.52-0.25-0.22-0.18
-0.070.940.920.04-0.730.96-0.720.860.860.53-0.44-0.960.40.530.780.970.820.7-0.93-0.070.59-0.810.930.590.93
0.49-0.59-0.530.56-0.73-0.820.29-0.84-0.43-0.10.610.63-0.45-0.1-0.39-0.79-0.4-0.330.88-0.49-0.150.94-0.91-0.79-0.89
-0.050.920.9-0.090.96-0.82-0.740.950.860.58-0.42-0.930.520.580.660.940.660.75-0.950.160.62-0.860.980.720.93
-0.55-0.83-0.91-0.44-0.720.29-0.74-0.73-0.94-0.96-0.170.81-0.6-0.96-0.43-0.6-0.53-0.960.530.11-0.980.32-0.63-0.55-0.57
0.020.780.84-0.080.86-0.840.95-0.730.770.6-0.22-0.80.740.60.40.860.560.75-0.880.240.64-0.770.950.890.92
0.340.910.940.30.86-0.430.86-0.940.770.86-0.13-0.920.430.860.680.750.650.88-0.71-0.10.89-0.520.760.490.7
0.740.670.780.560.53-0.10.58-0.960.60.860.37-0.640.611.00.250.40.360.94-0.34-0.131.0-0.10.440.450.37
0.81-0.34-0.110.71-0.440.61-0.42-0.17-0.22-0.130.370.40.420.37-0.67-0.47-0.240.190.58-0.340.320.76-0.51-0.05-0.47
-0.03-0.99-0.94-0.05-0.960.63-0.930.81-0.8-0.92-0.640.4-0.34-0.64-0.8-0.87-0.7-0.790.840.0-0.690.75-0.88-0.53-0.83
0.40.360.550.210.4-0.450.52-0.60.740.430.610.42-0.340.61-0.240.420.220.67-0.390.150.6-0.240.50.850.51
0.740.670.780.560.53-0.10.58-0.960.60.861.00.37-0.640.610.250.40.360.94-0.34-0.131.0-0.10.440.450.37
-0.230.770.640.00.78-0.390.66-0.430.40.680.25-0.67-0.8-0.240.250.730.720.35-0.69-0.240.31-0.630.620.020.6
-0.180.850.85-0.010.97-0.790.94-0.60.860.750.4-0.47-0.870.420.40.730.840.58-0.96-0.090.46-0.840.930.610.96
-0.070.690.760.340.82-0.40.66-0.530.560.650.36-0.24-0.70.220.360.720.840.42-0.66-0.560.41-0.470.620.320.75
0.580.820.880.40.7-0.330.75-0.960.750.880.940.19-0.790.670.940.350.580.42-0.55-0.020.95-0.370.630.560.54
0.24-0.81-0.760.22-0.930.88-0.950.53-0.88-0.71-0.340.580.84-0.39-0.34-0.69-0.96-0.66-0.55-0.15-0.40.93-0.96-0.63-0.93
-0.35-0.04-0.16-0.82-0.07-0.490.160.110.24-0.1-0.13-0.340.00.15-0.13-0.24-0.09-0.56-0.02-0.15-0.14-0.390.270.420.11
0.70.710.820.540.59-0.150.62-0.980.640.891.00.32-0.690.61.00.310.460.410.95-0.4-0.14-0.160.490.470.42
0.5-0.72-0.590.52-0.810.94-0.860.32-0.77-0.52-0.10.760.75-0.24-0.1-0.63-0.84-0.47-0.370.93-0.39-0.16-0.92-0.59-0.87
-0.220.850.82-0.250.93-0.910.98-0.630.950.760.44-0.51-0.880.50.440.620.930.620.63-0.960.270.49-0.920.780.97
-0.050.50.62-0.220.59-0.790.72-0.550.890.490.45-0.05-0.530.850.450.020.610.320.56-0.630.420.47-0.590.780.78
-0.280.80.81-0.180.93-0.890.93-0.570.920.70.37-0.47-0.830.510.370.60.960.750.54-0.930.110.42-0.870.970.78
Click cells to compare fundamentals

23Andme Holding Account Relationship Matchups

23Andme Holding fundamental ratios Accounts

201920202021202220232024 (projected)
Total Assets404.6M452.1M1.2B942.6M395.2M741.3M
Other Current Liab34.7M31.6M34.8M57.5M32.5M44.3M
Total Current Liabilities139.4M121.6M153.2M149.4M127.3M117.1M
Total Stockholder Equity134.2M(595.6M)915.7M713.9M188.5M306.3M
Net Tangible Assets(626.3M)(602.5M)480.4M301.0M346.2M363.5M
Property Plant And Equipment Net137.6M124.0M105.4M94.7M77.2M95.0M
Net Debt(119.0M)(188.8M)(466.9M)(301.5M)(140.0M)(147.0M)
Retained Earnings(793.6M)(977.2M)(1.2B)(1.5B)(2.2B)(2.1B)
Accounts Payable13.1M12.3M37.9M12.9M11.6M17.8M
Cash209.3M282.5M553.2M386.8M217.9M280.3M
Non Current Assets Total158.8M138.5M550.3M517.6M144.6M137.4M
Non Currrent Assets Other7.9M7.6M9.6M10.0M6.7M7.0M
Other Assets9.1M8.5M10.4M10.8M1.00.95
Cash And Short Term Investments209.3M282.5M553.2M386.8M217.9M280.3M
Net Receivables6.4M2.5M3.4M1.9M9.1M9.5M
Liabilities And Stockholders Equity404.6M452.1M1.2B942.6M395.2M741.3M
Inventory14.1M6.2M10.8M10.2M12.5M9.0M
Other Current Assets16.0M22.4M34.4M32.5M11.1M20.4M
Other Stockholder Equity172.7M1.2B2.1B2.2B2.4B1.5B
Total Liab270.4M1.0B236.4M228.7M206.6M316.4M
Total Current Assets245.9M313.6M601.8M425.0M250.5M313.4M
Intangible Assets5.4M6.9M83.5M61.2M53.8M38.7M
Property Plant Equipment137.6M123.2M49.9M38.6M34.7M33.0M

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Check out Correlation Analysis to better understand how to build diversified portfolios, which includes a position in 23Andme Holding Co. 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.
You can also try the FinTech Suite module to use AI to screen and filter profitable investment opportunities.
Is Biotechnology space expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of 23Andme Holding. If investors know 23Andme will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about 23Andme Holding listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Earnings Share
(122.52)
Revenue Per Share
8.224
Quarterly Revenue Growth
(0.34)
Return On Assets
(0.26)
Return On Equity
(1.54)
The market value of 23Andme Holding is measured differently than its book value, which is the value of 23Andme that is recorded on the company's balance sheet. Investors also form their own opinion of 23Andme Holding's value that differs from its market value or its book value, called intrinsic value, which is 23Andme Holding's true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because 23Andme Holding's market value can be influenced by many factors that don't directly affect 23Andme Holding's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between 23Andme Holding's value and its price as these two are different measures arrived at by different means. Investors typically determine if 23Andme Holding is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, 23Andme Holding's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.