SMDS Stock | | | 547.00 8.00 1.48% |
DS Smith financial indicator trend analysis is much more than just examining DS Smith PLC latest accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether DS Smith PLC is a good investment. Please check the relationship between DS Smith Depreciation and its Free Cash Flow accounts. Check out
World Market Map to better understand how to build diversified portfolios, which includes a position in DS Smith PLC. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as
signals in board of governors.
Depreciation vs Free Cash Flow
Depreciation vs Free Cash Flow Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of
DS Smith PLC Depreciation account and
Free Cash Flow. At this time, the significance of the direction appears to have very week relationship.
The correlation between DS Smith's Depreciation and Free Cash Flow is 0.21. Overlapping area represents the amount of variation of Depreciation that can explain the historical movement of Free Cash Flow in the same time period over historical financial statements of DS Smith PLC, assuming nothing else is changed. The correlation between historical values of DS Smith's Depreciation 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 Depreciation of DS Smith PLC 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 Depreciation i.e., DS Smith's Depreciation and Free Cash Flow go up and down completely randomly.
Correlation Coefficient | 0.21 |
Relationship Direction | Positive |
Relationship Strength | Very Weak |
Depreciation
Depreciation indicates how much of DS Smith PLC value has been used up. For tax purposes DS Smith can deduct the cost of the tangible assets it purchases as business expenses. However, DS Smith PLC must depreciate these assets in accordance with IRS rules about how and when the deduction may be taken, and how long it will last. The systematic allocation of the cost of a tangible asset over its useful life.
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 DS Smith's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into DS Smith PLC 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 DS Smith PLC. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as
signals in board of governors.
Selling General Administrative is likely to gain to about 1.5
B in 2024, whereas
Discontinued Operations is likely to drop slightly above 13.1
M in 2024.
DS Smith fundamental ratios Correlations
Click cells to compare fundamentals
DS Smith Account Relationship Matchups
High Positive Relationship
High Negative Relationship
DS Smith fundamental ratios Accounts
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Additional Tools for SMDS Stock Analysis
When running DS Smith's price analysis, check to
measure DS Smith's market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy DS Smith is operating at the current time. Most of DS Smith's value examination focuses on studying past and present price action to
predict the probability of DS Smith's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move DS Smith's price. Additionally, you may evaluate how the addition of DS Smith to your portfolios can decrease your overall portfolio volatility.