Nuwellis Other Non Cash Items vs Free Cash Flow Analysis

NUWE Stock  USD 1.26  0.04  3.08%   
Nuwellis financial indicator trend analysis is infinitely more than just investigating Nuwellis recent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Nuwellis is a good investment. Please check the relationship between Nuwellis Other Non Cash Items and its Free Cash Flow accounts. Check out Correlation Analysis to better understand how to build diversified portfolios, which includes a position in Nuwellis. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in housing.
For information on how to trade Nuwellis Stock refer to our How to Trade Nuwellis Stock guide.

Other Non Cash Items vs Free Cash Flow

Other Non Cash Items vs Free Cash Flow Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Nuwellis Other Non Cash Items account and Free Cash Flow. At this time, the significance of the direction appears to have significant contrarian relationship.
The correlation between Nuwellis' Other Non Cash Items and Free Cash Flow is -0.26. Overlapping area represents the amount of variation of Other Non Cash Items that can explain the historical movement of Free Cash Flow in the same time period over historical financial statements of Nuwellis, assuming nothing else is changed. The correlation between historical values of Nuwellis' Other Non Cash Items 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 Other Non Cash Items of Nuwellis 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 Other Non Cash Items i.e., Nuwellis' Other Non Cash Items and Free Cash Flow go up and down completely randomly.

Correlation Coefficient

-0.26
Relationship DirectionNegative 
Relationship StrengthInsignificant

Other Non Cash Items

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 Nuwellis' fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Nuwellis 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 Nuwellis. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in housing.
For information on how to trade Nuwellis Stock refer to our How to Trade Nuwellis Stock guide.At present, Nuwellis' Sales General And Administrative To Revenue is projected to drop slightly based on the last few years of reporting. The current year's Enterprise Value Over EBITDA is expected to grow to 0.12, whereas Tax Provision is forecasted to decline to 8,800.
 2023 2024 (projected)
Tax Provision10.4K8.8K
Cost Of Revenue3.9M3.0M

Nuwellis fundamental ratios Correlations

0.480.360.960.16-0.97-0.030.380.98-0.13-0.290.98-0.340.230.580.180.21-0.071.00.29-0.09-0.180.3-0.170.00.28
0.480.440.440.21-0.44-0.220.20.460.08-0.130.46-0.420.250.320.260.38-0.280.470.290.18-0.45-0.12-0.080.41-0.13
0.360.440.160.21-0.21-0.320.780.330.190.030.33-0.510.570.70.320.860.00.340.460.0-0.110.160.070.190.04
0.960.440.160.03-0.990.130.210.97-0.2-0.260.97-0.24-0.010.430.02-0.03-0.220.960.16-0.18-0.310.27-0.33-0.090.34
0.160.210.210.030.01-0.830.16-0.010.320.120.0-0.380.320.230.840.350.660.130.440.160.36-0.110.70.85-0.61
-0.97-0.44-0.21-0.990.01-0.17-0.28-0.990.230.29-0.990.24-0.09-0.50.02-0.050.24-0.97-0.160.110.31-0.270.350.14-0.41
-0.03-0.22-0.320.13-0.83-0.17-0.280.15-0.4-0.290.150.56-0.37-0.2-0.99-0.44-0.730.0-0.64-0.03-0.520.03-0.86-0.870.84
0.380.20.780.210.16-0.28-0.280.340.39-0.080.34-0.60.680.770.290.750.160.340.590.020.110.050.1-0.020.08
0.980.460.330.97-0.01-0.990.150.34-0.23-0.31.0-0.260.140.56-0.010.14-0.240.980.17-0.12-0.310.3-0.35-0.140.44
-0.130.080.19-0.20.320.23-0.40.39-0.23-0.01-0.23-0.270.22-0.120.350.330.13-0.210.260.220.0-0.090.160.3-0.52
-0.29-0.130.03-0.260.120.29-0.29-0.08-0.3-0.01-0.3-0.26-0.22-0.230.24-0.110.01-0.280.24-0.23-0.060.00.180.23-0.41
0.980.460.330.970.0-0.990.150.341.0-0.23-0.3-0.260.150.56-0.010.15-0.240.980.17-0.11-0.310.3-0.34-0.140.43
-0.34-0.42-0.51-0.24-0.380.240.56-0.6-0.26-0.27-0.26-0.26-0.28-0.53-0.59-0.35-0.24-0.32-0.970.35-0.070.42-0.26-0.330.33
0.230.250.57-0.010.32-0.09-0.370.680.140.22-0.220.15-0.280.610.380.840.350.210.330.590.310.040.420.15-0.03
0.580.320.70.430.23-0.5-0.20.770.56-0.12-0.230.56-0.530.610.260.630.240.580.53-0.110.17-0.030.120.00.32
0.180.260.320.020.840.02-0.990.29-0.010.350.24-0.01-0.590.380.260.420.740.150.68-0.010.520.010.840.84-0.78
0.210.380.86-0.030.35-0.05-0.440.750.140.33-0.110.15-0.350.840.630.420.180.180.340.440.070.130.30.31-0.12
-0.07-0.280.0-0.220.660.24-0.730.16-0.240.130.01-0.24-0.240.350.240.740.18-0.080.44-0.070.94-0.030.920.48-0.49
1.00.470.340.960.13-0.970.00.340.98-0.21-0.280.98-0.320.210.580.150.18-0.080.26-0.11-0.170.3-0.18-0.020.32
0.290.290.460.160.44-0.16-0.640.590.170.260.240.17-0.970.330.530.680.340.440.26-0.370.3-0.390.440.35-0.38
-0.090.180.0-0.180.160.11-0.030.02-0.120.22-0.23-0.110.350.59-0.11-0.010.44-0.07-0.11-0.37-0.110.110.130.15-0.09
-0.18-0.45-0.11-0.310.360.31-0.520.11-0.310.0-0.06-0.31-0.070.310.170.520.070.94-0.170.3-0.110.030.820.2-0.32
0.3-0.120.160.27-0.11-0.270.030.050.3-0.090.00.30.420.04-0.030.010.13-0.030.3-0.390.110.03-0.03-0.010.1
-0.17-0.080.07-0.330.70.35-0.860.1-0.350.160.18-0.34-0.260.420.120.840.30.92-0.180.440.130.82-0.030.68-0.7
0.00.410.19-0.090.850.14-0.87-0.02-0.140.30.23-0.14-0.330.150.00.840.310.48-0.020.350.150.2-0.010.68-0.81
0.28-0.130.040.34-0.61-0.410.840.080.44-0.52-0.410.430.33-0.030.32-0.78-0.12-0.490.32-0.38-0.09-0.320.1-0.7-0.81
Click cells to compare fundamentals

Nuwellis Account Relationship Matchups

Nuwellis fundamental ratios Accounts

201920202021202220232024 (projected)
Total Assets5.6M20.0M30.4M24.7M9.8M15.3M
Other Current Liab85K2.0M1.5M2.0M360K342K
Total Current Liabilities3.4M3.6M3.3M4.7M3.2M2.4M
Total Stockholder Equity2.0M16.3M25.9M12.4M3.2M3.1M
Property Plant And Equipment Net1.4M1.5M2.3M1.9M1.4M1.5M
Net Debt(832K)(14.1M)(23.0M)(16.8M)(3.0M)(3.2M)
Retained Earnings(217.5M)(233.3M)(252.9M)(267.4M)(287.6M)(273.2M)
Accounts Payable1.5M1.1M1.4M2.2M2.4M1.3M
Cash1.3M14.4M24.2M17.7M3.8M3.6M
Non Current Assets Total1.6M1.5M2.3M1.9M1.6M1.0M
Cash And Short Term Investments1.3M14.4M24.2M18.3M3.8M3.6M
Liabilities And Stockholders Equity5.6M20.0M30.4M24.7M9.8M15.3M
Non Current Liabilities Total261K109K1.2M7.6M3.4M3.6M
Other Current Assets161K237K328K396K461K254.0K
Other Stockholder Equity218.3M249.7M278.9M279.7M290.6M305.2M
Total Liab3.6M3.7M4.5M12.3M6.6M3.5M
Property Plant And Equipment Gross1.4M1.5M2.3M1.9M4.9M5.2M
Total Current Assets4.0M18.5M28.1M22.8M8.2M14.2M
Accumulated Other Comprehensive Income1.2M(7K)(11K)38K(31K)(32.6K)
Common Stock Shares Outstanding811.0471.142.0K5.0K56.1K58.9K
Net Receivables799K905K750K1.4M2.0M2.0M
Inventory1.8M3.0M2.8M2.7M2.0M1.5M
Net Tangible Assets2.0M16.3M25.9M12.4M14.2M14.4M
Net Invested Capital2.0M16.3M25.9M12.4M3.0M2.8M
Net Working Capital685K15.0M24.8M18.1M5.0M4.8M
Property Plant Equipment1.4M1.5M2.3M1.9M2.2M1.5M

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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.
When determining whether Nuwellis is a strong investment it is important to analyze Nuwellis' competitive position within its industry, examining market share, product or service uniqueness, and competitive advantages. Beyond financials and market position, potential investors should also consider broader economic conditions, industry trends, and any regulatory or geopolitical factors that may impact Nuwellis' future performance. For an informed investment choice regarding Nuwellis Stock, refer to the following important reports:
Check out Correlation Analysis to better understand how to build diversified portfolios, which includes a position in Nuwellis. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in housing.
For information on how to trade Nuwellis Stock refer to our How to Trade Nuwellis Stock guide.
You can also try the Sign In To Macroaxis module to sign in to explore Macroaxis' wealth optimization platform and fintech modules.
Is Health Care Equipment & Supplies 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 Nuwellis. If investors know Nuwellis 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 Nuwellis listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Earnings Share
(60.77)
Revenue Per Share
48.483
Quarterly Revenue Growth
0.057
Return On Assets
(0.79)
Return On Equity
(9.87)
The market value of Nuwellis is measured differently than its book value, which is the value of Nuwellis that is recorded on the company's balance sheet. Investors also form their own opinion of Nuwellis' value that differs from its market value or its book value, called intrinsic value, which is Nuwellis' 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 Nuwellis' market value can be influenced by many factors that don't directly affect Nuwellis' 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 Nuwellis' value and its price as these two are different measures arrived at by different means. Investors typically determine if Nuwellis is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Nuwellis' 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.