Plexus Net Income vs Free Cash Flow Analysis

PLXS Stock

USD 166.11 2.33 1.38%

Plexus Corp financial indicator trend analysis is much more than just breaking down Plexus Corp prevalent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Plexus Corp is a good investment. Please check the relationship between Plexus Corp Net Income and its Free Cash Flow accounts. Check out Your Equity Center to better understand how to build diversified portfolios, which includes a position in Plexus Corp. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in interest.

For more information on how to buy Plexus Stock please use our How to Invest in Plexus Corp guide.

Net Income vs Free Cash Flow

Net Income vs Free Cash Flow Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Plexus Corp Net Income account and Free Cash Flow. At this time, the significance of the direction appears to have very week relationship.

The correlation between Plexus Corp's Net Income and Free Cash Flow is 0.23. Overlapping area represents the amount of variation of Net Income that can explain the historical movement of Free Cash Flow in the same time period over historical financial statements of Plexus Corp, assuming nothing else is changed. The correlation between historical values of Plexus Corp's Net Income 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 Net Income of Plexus Corp 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 Net Income i.e., Plexus Corp's Net Income and Free Cash Flow go up and down completely randomly.

Correlation Coefficient

0.23

Relationship Direction	Positive
Relationship Strength	Very Weak

View All Relationships

Net Income

Net income is one of the most important fundamental items in finance. It plays a large role in Plexus Corp financial statement analysis. It represents the amount of money remaining after all of Plexus Corp operating expenses, interest, taxes and preferred stock dividends have been deducted from a company total revenue.

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 Plexus Corp's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Plexus Corp 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 Your Equity Center to better understand how to build diversified portfolios, which includes a position in Plexus Corp. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in interest.

For more information on how to buy Plexus Stock please use our How to Invest in Plexus Corp guide.At this time, Plexus Corp's Selling General Administrative is comparatively stable compared to the past year. Tax Provision is likely to gain to about 19.5 M in 2024, whereas Enterprise Value Over EBITDA is likely to drop 9.63 in 2024.

	2021	2022	2023	2024 (projected)
Gross Profit	347.2M	394.6M	378.5M	397.5M
Total Revenue	3.8B	4.2B	4.0B	4.2B

Gross Profit Total Revenue

Plexus Corp fundamental ratios Correlations

	Total Assets	Short Long Term Debt Total	Other Current Liab	Total Current Liabilities	Total Stockholder Equity	Property Plant And Equipment Net	Net Debt	Retained Earnings	Cash	Non Current Assets Total	Non Currrent Assets Other	Cash And Short Term Investments	Net Receivables	Common Stock Shares Outstanding	Non Current Liabilities Total	Inventory	Other Current Assets	Other Stockholder Equity	Total Liab	Property Plant And Equipment Gross	Total Current Assets	Short Term Debt	Intangible Assets	Accounts Payable	Current Deferred Revenue	Common Stock Total Equity
Total Assets		0.66	0.68	0.97	0.94	0.97	0.4	0.98	0.34	0.97	-0.02	0.34	0.98	0.07	0.33	0.97	0.91	-0.86	0.98	0.77	1.0	0.71	0.68	0.95	0.85	0.71
Short Long Term Debt Total	0.66		0.65	0.63	0.55	0.59	0.49	0.54	0.36	0.56	0.24	0.36	0.67	0.18	0.6	0.63	0.35	-0.42	0.68	0.11	0.67	0.63	0.17	0.69	0.36	0.69
Other Current Liab	0.68	0.65		0.73	0.47	0.57	0.62	0.57	0.0	0.55	0.0	0.0	0.73	-0.13	0.36	0.72	0.58	-0.62	0.75	0.29	0.7	0.58	0.5	0.79	0.44	0.39
Total Current Liabilities	0.97	0.63	0.73		0.85	0.91	0.51	0.94	0.19	0.91	-0.18	0.19	0.96	-0.12	0.2	0.99	0.91	-0.9	0.99	0.75	0.98	0.79	0.69	0.91	0.9	0.55
Total Stockholder Equity	0.94	0.55	0.47	0.85		0.94	0.09	0.95	0.57	0.94	0.12	0.57	0.88	0.3	0.28	0.86	0.86	-0.72	0.86	0.8	0.93	0.63	0.57	0.88	0.75	0.81
Property Plant And Equipment Net	0.97	0.59	0.57	0.91	0.94		0.34	0.97	0.34	1.0	0.04	0.34	0.95	0.13	0.4	0.91	0.92	-0.86	0.94	0.82	0.95	0.59	0.69	0.92	0.82	0.75
Net Debt	0.4	0.49	0.62	0.51	0.09	0.34		0.32	-0.59	0.34	-0.19	-0.59	0.53	-0.52	0.42	0.53	0.31	-0.59	0.55	0.08	0.41	0.29	0.49	0.41	0.46	-0.01
Retained Earnings	0.98	0.54	0.57	0.94	0.95	0.97	0.32		0.33	0.98	-0.01	0.33	0.96	0.03	0.26	0.94	0.93	-0.9	0.94	0.83	0.97	0.67	0.74	0.92	0.85	0.68
Cash	0.34	0.36	0.0	0.19	0.57	0.34	-0.59	0.33		0.33	0.32	1.0	0.2	0.74	0.05	0.16	0.19	0.09	0.19	0.24	0.34	0.36	-0.19	0.32	0.03	0.67
Non Current Assets Total	0.97	0.56	0.55	0.91	0.94	1.0	0.34	0.98	0.33		0.05	0.33	0.95	0.13	0.39	0.91	0.92	-0.86	0.93	0.84	0.95	0.58	0.72	0.91	0.83	0.74
Non Currrent Assets Other	-0.02	0.24	0.0	-0.18	0.12	0.04	-0.19	-0.01	0.32	0.05		0.32	-0.01	0.64	0.53	-0.14	-0.19	0.2	-0.1	-0.23	-0.04	-0.2	-0.01	0.11	-0.4	0.56
Cash And Short Term Investments	0.34	0.36	0.0	0.19	0.57	0.34	-0.59	0.33	1.0	0.33	0.32		0.2	0.74	0.05	0.16	0.19	0.09	0.19	0.24	0.34	0.36	-0.19	0.32	0.03	0.67
Net Receivables	0.98	0.67	0.73	0.96	0.88	0.95	0.53	0.96	0.2	0.95	-0.01	0.2		-0.03	0.39	0.96	0.88	-0.91	0.98	0.73	0.97	0.69	0.73	0.95	0.83	0.66
Common Stock Shares Outstanding	0.07	0.18	-0.13	-0.12	0.3	0.13	-0.52	0.03	0.74	0.13	0.64	0.74	-0.03		0.36	-0.08	-0.07	0.37	-0.06	0.0	0.06	-0.15	-0.24	0.13	-0.25	0.6
Non Current Liabilities Total	0.33	0.6	0.36	0.2	0.28	0.4	0.42	0.26	0.05	0.39	0.53	0.05	0.39	0.36		0.28	0.13	-0.2	0.34	-0.02	0.31	-0.17	0.22	0.47	0.01	0.62
Inventory	0.97	0.63	0.72	0.99	0.86	0.91	0.53	0.94	0.16	0.91	-0.14	0.16	0.96	-0.08	0.28		0.9	-0.88	0.99	0.73	0.98	0.72	0.71	0.93	0.89	0.57
Other Current Assets	0.91	0.35	0.58	0.91	0.86	0.92	0.31	0.93	0.19	0.92	-0.19	0.19	0.88	-0.07	0.13	0.9		-0.89	0.89	0.92	0.9	0.57	0.72	0.85	0.88	0.53
Other Stockholder Equity	-0.86	-0.42	-0.62	-0.9	-0.72	-0.86	-0.59	-0.9	0.09	-0.86	0.2	0.09	-0.91	0.37	-0.2	-0.88	-0.89		-0.89	-0.76	-0.85	-0.6	-0.84	-0.8	-0.86	-0.39
Total Liab	0.98	0.68	0.75	0.99	0.86	0.94	0.55	0.94	0.19	0.93	-0.1	0.19	0.98	-0.06	0.34	0.99	0.89	-0.89		0.72	0.99	0.72	0.7	0.94	0.87	0.62
Property Plant And Equipment Gross	0.77	0.11	0.29	0.75	0.8	0.82	0.08	0.83	0.24	0.84	-0.23	0.24	0.73	0.0	-0.02	0.73	0.92	-0.76	0.72		0.75	0.42	0.63	0.64	0.85	0.46
Total Current Assets	1.0	0.67	0.7	0.98	0.93	0.95	0.41	0.97	0.34	0.95	-0.04	0.34	0.97	0.06	0.31	0.98	0.9	-0.85	0.99	0.75		0.74	0.66	0.96	0.85	0.69
Short Term Debt	0.71	0.63	0.58	0.79	0.63	0.59	0.29	0.67	0.36	0.58	-0.2	0.36	0.69	-0.15	-0.17	0.72	0.57	-0.6	0.72	0.42	0.74		0.36	0.62	0.64	0.35
Intangible Assets	0.68	0.17	0.5	0.69	0.57	0.69	0.49	0.74	-0.19	0.72	-0.01	-0.19	0.73	-0.24	0.22	0.71	0.72	-0.84	0.7	0.63	0.66	0.36		0.67	0.65	0.27
Accounts Payable	0.95	0.69	0.79	0.91	0.88	0.92	0.41	0.92	0.32	0.91	0.11	0.32	0.95	0.13	0.47	0.93	0.85	-0.8	0.94	0.64	0.96	0.62	0.67		0.69	0.74
Current Deferred Revenue	0.85	0.36	0.44	0.9	0.75	0.82	0.46	0.85	0.03	0.83	-0.4	0.03	0.83	-0.25	0.01	0.89	0.88	-0.86	0.87	0.85	0.85	0.64	0.65	0.69		0.34
Common Stock Total Equity	0.71	0.69	0.39	0.55	0.81	0.75	-0.01	0.68	0.67	0.74	0.56	0.67	0.66	0.6	0.62	0.57	0.53	-0.39	0.62	0.46	0.69	0.35	0.27	0.74	0.34

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Plexus Corp Account Relationship Matchups

Plexus Corp fundamental ratios Accounts

	2019	2020	2021	2022	2023	2024 (projected)
Total Assets	2.3B	2.5B	3.4B	3.3B	3.2B	3.3B
Short Long Term Debt Total	371.6M	291.3M	495.4M	469.6M	279.6M	148.4M
Other Current Liab	180.4M	222.4M	585.8M	163.0M	170.4M	179.0M
Total Current Liabilities	1.0B	1.1B	2.0B	1.8B	1.6B	1.7B
Total Stockholder Equity	977.5M	1.0B	1.1B	1.2B	1.3B	1.4B
Property Plant And Equipment Net	453.5M	467.2M	509.8M	561.4M	575.5M	604.2M
Net Debt	(14.2M)	21.1M	220.6M	213.4M	(65.5M)	(62.2M)
Retained Earnings	1.3B	1.4B	1.6B	1.7B	1.8B	1.9B
Cash	385.8M	270.2M	274.8M	256.2M	345.1M	362.4M
Non Current Assets Total	510.7M	531.0M	577.1M	648.9M	676.7M	710.5M
Non Currrent Assets Other	35.7M	36.4M	28.2M	25.0M	27.3M	17.8M
Cash And Short Term Investments	385.8M	270.2M	274.8M	256.2M	345.1M	362.4M
Net Receivables	596.0M	635.0M	876.2M	803.8M	742.9M	780.1M
Common Stock Shares Outstanding	29.9M	29.2M	28.4M	28.1M	27.9M	32.7M
Liabilities And Stockholders Equity	2.3B	2.5B	3.4B	3.3B	3.2B	3.3B
Non Current Liabilities Total	308.9M	305.0M	291.3M	294.1M	185.7M	129.7M
Inventory	763.5M	972.3M	1.6B	1.6B	1.3B	1.4B
Other Current Assets	31.8M	53.4M	62.3M	50.1M	77.7M	81.6M
Other Stockholder Equity	(313.1M)	(403.3M)	(441.0M)	(473.2M)	(509.5M)	(484.0M)
Total Liab	1.3B	1.4B	2.3B	2.1B	1.8B	1.9B
Property Plant And Equipment Gross	453.5M	467.2M	509.8M	561.4M	1.2B	1.3B
Total Current Assets	1.8B	1.9B	2.8B	2.7B	2.5B	2.6B
Accumulated Other Comprehensive Income	(5.1M)	(3.0M)	(36.0M)	(24.3M)	10.6M	11.1M
Short Term Debt	146.8M	66.3M	274.0M	240.2M	157.3M	165.2M
Accounts Payable	516.3M	635.0M	805.6M	617.7M	606.4M	636.7M
Current Deferred Revenue	160.0M	205.0M	480.5M	760.4M	709.2M	744.6M
Common Stock Total Equity	529K	535K	538K	541K	622.2K	475.5K
Common Stock	535K	538K	541K	543K	545K	479.5K
Other Liab	82.5M	84.1M	80.0M	69.9M	80.4M	84.4M
Other Assets	51.4M	63.8M	67.3M	1.0	1.15	1.09
Long Term Debt	188.0M	187.0M	187.8M	190.9M	90.0M	153.6M
Property Plant Equipment	384.2M	453.5M	467.2M	509.8M	586.3M	615.6M
Net Tangible Assets	865.6M	971.8M	1.0B	1.1B	1.3B	930.7M
Retained Earnings Total Equity	1.2B	1.3B	1.4B	1.6B	1.8B	977.4M
Capital Surpluse	597.4M	621.6M	639.8M	652.5M	750.3M	579.7M

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