Shyft End Period Cash Flow vs Free Cash Flow Analysis
SHYF Stock | USD 11.56 0.11 0.96% |
Shyft financial indicator trend analysis is much more than just breaking down Shyft Group prevalent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Shyft Group is a good investment. Please check the relationship between Shyft End Period Cash Flow and its Free Cash Flow accounts. Check out World Market Map to better understand how to build diversified portfolios, which includes a position in Shyft Group. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in manufacturing.
End Period Cash Flow vs Free Cash Flow
End Period Cash Flow vs Free Cash Flow Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Shyft Group End Period Cash Flow account and Free Cash Flow. At this time, the significance of the direction appears to have very week relationship.
The correlation between Shyft's End Period Cash Flow and Free Cash Flow is 0.23. Overlapping area represents the amount of variation of End Period Cash Flow that can explain the historical movement of Free Cash Flow in the same time period over historical financial statements of Shyft Group, assuming nothing else is changed. The correlation between historical values of Shyft's End Period Cash Flow 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 End Period Cash Flow of Shyft Group 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 End Period Cash Flow i.e., Shyft's End Period Cash Flow and Free Cash Flow go up and down completely randomly.
Correlation Coefficient | 0.23 |
Relationship Direction | Positive |
Relationship Strength | Very Weak |
End Period Cash Flow
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 Shyft's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Shyft Group 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 World Market Map to better understand how to build diversified portfolios, which includes a position in Shyft Group. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in manufacturing. At this time, Shyft's Enterprise Value Multiple is most likely to drop in the upcoming years. The Shyft's current Enterprise Value is estimated to increase to about 707.4 M, while Tax Provision is forecasted to increase to (5.5 M).
2021 | 2022 | 2023 | 2024 (projected) | Interest Expense | 414K | 2.8M | 6.5M | 6.2M | Depreciation And Amortization | 11.4M | 14.8M | 17.0M | 17.8M |
Shyft fundamental ratios Correlations
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Shyft Account Relationship Matchups
High Positive Relationship
High Negative Relationship
Shyft fundamental ratios Accounts
2019 | 2020 | 2021 | 2022 | 2023 | 2024 (projected) | ||
Total Assets | 450.5M | 359.0M | 447.9M | 580.5M | 530.0M | 556.6M | |
Short Long Term Debt Total | 129.4M | 74.3M | 55.2M | 131.1M | 132.4M | 139.0M | |
Other Current Liab | 87.1M | 23.4M | 26.4M | 30.2M | 21.9M | 23.0M | |
Total Current Liabilities | 158.0M | 93.4M | 135.8M | 201.2M | 182.8M | 192.0M | |
Total Stockholder Equity | 172.3M | 200.3M | 266.8M | 268.6M | 252.2M | 264.8M | |
Property Plant And Equipment Net | 72.2M | 89.2M | 104.4M | 124.1M | 129.3M | 135.7M | |
Net Debt | 110.1M | 53.3M | 18.0M | 119.6M | 122.4M | 128.5M | |
Retained Earnings | 86.8M | 109.3M | 171.4M | 175.6M | 158.5M | 166.4M | |
Cash | 19.3M | 21.0M | 37.2M | 11.5M | 10.0M | 14.8M | |
Non Current Assets Total | 197.7M | 202.8M | 214.0M | 234.7M | 243.1M | 255.3M | |
Cash And Short Term Investments | 19.3M | 21.0M | 37.2M | 11.5M | 10.0M | 14.9M | |
Net Receivables | 77.9M | 80.6M | 118.7M | 222.3M | 164.4M | 172.6M | |
Common Stock Shares Outstanding | 35.3M | 36.0M | 36.1M | 35.5M | 34.9M | 35.1M | |
Liabilities And Stockholders Equity | 450.5M | 359.0M | 447.9M | 580.5M | 530.0M | 556.6M | |
Non Current Liabilities Total | 120.8M | 65.5M | 45.2M | 110.6M | 95.1M | 99.8M | |
Inventory | 59.5M | 46.4M | 67.2M | 100.2M | 105.1M | 110.4M | |
Other Current Assets | 5.3M | 8.2M | 10.8M | 11.8M | 7.5M | 8.4M | |
Other Stockholder Equity | 165.4M | 177.9M | 85.1M | 101K | 116.2K | 110.3K | |
Total Liab | 278.8M | 158.9M | 181.0M | 311.8M | 277.9M | 291.8M | |
Property Plant And Equipment Gross | 72.2M | 89.2M | 104.4M | 70.8M | 204.8M | 215.0M | |
Total Current Assets | 252.8M | 156.2M | 233.8M | 345.8M | 286.9M | 301.3M | |
Short Term Debt | 13.5M | 21.7M | 26.0M | 41.5M | 56.3M | 53.5M | |
Accounts Payable | 54.7M | 47.5M | 82.4M | 124.3M | 99.9M | 104.8M | |
Non Currrent Assets Other | 2.3M | 2.1M | 2.9M | 2.2M | 2.4M | 1.8M | |
Intangible Assets | 54.1M | 56.4M | 53.0M | 49.1M | 45.3M | 47.5M | |
Current Deferred Revenue | 2.6M | 756K | 988K | 5.3M | 4.8M | 4.5M | |
Good Will | 33.8M | 43.6M | 49.5M | 48.9M | 44.0M | 41.8M | |
Other Assets | 27.8M | 51.2M | 7.8M | 12.6M | 14.5M | 22.9M | |
Long Term Debt | 88.7M | 23.4M | 738K | 56.3M | 50.1M | 32.7M | |
Long Term Debt Total | 88.7M | 23.4M | 738K | 56.3M | 64.7M | 67.9M | |
Property Plant Equipment | 72.2M | 89.2M | 104.4M | 70.8M | 81.4M | 72.1M | |
Other Liab | 4.9M | 5.4M | 8.1M | 10.0M | 11.5M | 6.3M | |
Net Tangible Assets | 74.6M | 94.5M | 164.9M | 219.5M | 252.4M | 153.4M | |
Short Long Term Debt | 8.3M | 6.7M | 10.2M | 19.7M | 34.7M | 36.4M | |
Non Current Liabilities Other | 4.9M | 5.4M | 44.4M | 10.0M | 8.2M | 11.7M |
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When determining whether Shyft Group is a strong investment it is important to analyze Shyft's 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 Shyft's future performance. For an informed investment choice regarding Shyft Stock, refer to the following important reports:Check out World Market Map to better understand how to build diversified portfolios, which includes a position in Shyft Group. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in manufacturing. You can also try the Technical Analysis module to check basic technical indicators and analysis based on most latest market data.
Is Industrial Machinery & Supplies & Components 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 Shyft. If investors know Shyft 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 Shyft listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Quarterly Earnings Growth (0.31) | Dividend Share 0.2 | Earnings Share (0.10) | Revenue Per Share 22.898 | Quarterly Revenue Growth (0.04) |
The market value of Shyft Group is measured differently than its book value, which is the value of Shyft that is recorded on the company's balance sheet. Investors also form their own opinion of Shyft's value that differs from its market value or its book value, called intrinsic value, which is Shyft'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 Shyft's market value can be influenced by many factors that don't directly affect Shyft'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 Shyft's value and its price as these two are different measures arrived at by different means. Investors typically determine if Shyft is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Shyft'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.