Target Change In Working Capital vs Free Cash Flow Analysis
| TGAAW Stock | USD 0.09 0 1.10% |
Target Global financial indicator trend analysis is much more than just breaking down Target Global Acquisition prevalent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Target Global Acquisition is a good investment. Please check the relationship between Target Global Change In Working Capital and its Free Cash Flow accounts. Check out World Market Map to better understand how to build diversified portfolios, which includes a position in Target Global Acquisition. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in nation.
Change In Working Capital vs Free Cash Flow
Change In Working Capital vs Free Cash Flow Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Target Global Acquisition Change In Working Capital account and Free Cash Flow. At this time, the significance of the direction appears to have pay attention.
The correlation between Target Global's Change In Working Capital and Free Cash Flow is -0.76. Overlapping area represents the amount of variation of Change In Working Capital that can explain the historical movement of Free Cash Flow in the same time period over historical financial statements of Target Global Acquisition, assuming nothing else is changed. The correlation between historical values of Target Global's Change In Working Capital 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 Change In Working Capital of Target Global Acquisition 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 Change In Working Capital i.e., Target Global's Change In Working Capital and Free Cash Flow go up and down completely randomly.
Correlation Coefficient | -0.76 |
| Relationship Direction | Negative |
| Relationship Strength | Weak |
Change In Working Capital
The difference in the amount of working capital from one period to the next, indicating the change in a company's short-term assets and liabilities.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 Target Global's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Target Global Acquisition 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 Target Global Acquisition. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in nation. Selling General Administrative is likely to drop to about 1.3 M in 2024. Enterprise Value Over EBITDA is likely to drop to 43.14 in 2024
| 2010 | 2022 | 2023 | 2024 (projected) | Interest Expense | 69.5K | 3.1M | 3.6M | 3.7M | Depreciation And Amortization | 198.0K | 1.1M | 5.7M | 6.0M |
Target Global fundamental ratios Correlations
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Target Global Account Relationship Matchups
High Positive Relationship
High Negative Relationship
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