Argen X Capital Expenditures vs Free Cash Flow | 0QW0.LSE

Argen Capital Expenditures vs Free Cash Flow Analysis

0QW0 Stock   598.70  0.86  0.14%   
Argen X financial indicator trend analysis is way more than just evaluating Argen X prevailing accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Argen X is a good investment. Please check the relationship between Argen X Capital Expenditures and its Free Cash Flow accounts. Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in Argen X. 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.

Capital Expenditures vs Free Cash Flow

Capital Expenditures vs Free Cash Flow Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Argen X Capital Expenditures account and Free Cash Flow. At this time, the significance of the direction appears to have pay attention.
Capital ExpendituresFree Cash FlowDiversified AwayCapital ExpendituresFree Cash FlowDiversified Away100%
The correlation between Argen X's Capital Expenditures and Free Cash Flow is -0.89. Overlapping area represents the amount of variation of Capital Expenditures that can explain the historical movement of Free Cash Flow in the same time period over historical financial statements of Argen X, assuming nothing else is changed. The correlation between historical values of Argen X's Capital Expenditures 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 Capital Expenditures of Argen X 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 Capital Expenditures i.e., Argen X's Capital Expenditures and Free Cash Flow go up and down completely randomly.

Correlation Coefficient

-0.89
Relationship DirectionNegative 
Relationship StrengthSignificant

Capital Expenditures

Capital Expenditures are funds used by Argen X to acquire physical assets such as property, industrial buildings or equipment. This type of outlay is used by management to increase the scope of Argen X operations. These expenditures can include everything from repairing an office equipment, building a brand new facility, or writing new software.

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 Argen X's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Argen X 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 Trending Equities to better understand how to build diversified portfolios, which includes a position in Argen X. 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 532.8 M in 2024, whereas Tax Provision is likely to drop slightly above 2.8 M in 2024.
 2021 2022 2023 2024 (projected)
Total Operating Expenses846.0M1.1B1.5B1.6B
Cost Of Revenue510.0M29.4M117.8M131.5M

Argen X fundamental ratios Correlations

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1.00.970.981.00.99-0.97-0.970.970.970.980.930.940.990.810.910.880.990.860.810.870.920.780.190.890.9
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0.930.880.860.950.92-0.87-0.960.850.880.940.970.990.880.620.770.950.960.630.920.610.970.62-0.140.820.77
0.790.690.860.770.82-0.77-0.820.890.740.850.550.70.820.850.840.730.760.830.780.840.470.620.360.910.94
0.180.270.320.110.2-0.18-0.070.260.160.1-0.05-0.070.270.360.38-0.080.10.660.190.39-0.14-0.140.360.160.3
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0.90.850.920.880.92-0.85-0.90.920.830.910.720.820.920.890.920.820.870.860.90.880.660.770.940.30.99
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Argen X Account Relationship Matchups

Argen X fundamental ratios Accounts

201920202021202220232024 (projected)
Total Assets1.6B2.3B2.9B3.1B4.5B4.8B
Other Current Liab111.8M68.7M84.6M107.0M168.5M176.9M
Total Current Liabilities179.7M329.6M301.2M302.3M423.0M444.1M
Total Stockholder Equity1.2B1.7B2.5B2.8B4.1B4.3B
Property Plant And Equipment Net9.2M11.7M15.8M16.2M22.7M23.8M
Net Debt(367.1M)(1.2B)(1.3B)(788.3M)(2.0B)(1.9B)
Retained Earnings(383.5M)(1.1B)(1.4B)(2.1B)(2.4B)(2.3B)
Accounts Payable65.6M206.5M208.9M188.7M245.6M257.8M
Cash372.2M1.2B1.3B800.7M2.0B2.2B
Non Current Assets Total67.5M223.3M307.3M360.1M418.7M439.7M
Non Currrent Assets Other10.3M22.3M34.4M49.2M126.5M132.8M
Other Assets9.2M30.4M58.5M120.0M138.0M144.8M
Cash And Short Term Investments1.5B2.0B2.3B2.2B3.2B3.3B
Common Stock Shares Outstanding38.6M45.4M51.1M54.4M57.2M31.8M
Short Term Investments1.1B782.3M1.0B1.4B1.1B1.2B
Other Current Assets16.6M24.1M64.5M180.7M134.1M140.8M
Other Stockholder Equity1.5B2.7B3.5B4.3B6.4B6.7B
Total Liab429.8M607.4M316.1M320.6M445.0M467.2M
Total Current Assets1.5B2.1B2.5B2.8B4.1B4.3B
Common Stock5.2M5.9M6.2M6.6M7.1M4.2M
Net Receivables25.4M235.2K32.7M277.3M499.3M524.2M
Liabilities And Stockholders Equity1.6B2.3B2.9B3.1B4.5B4.8B
Accumulated Other Comprehensive Income53.0M200.7M465.4M607.0M72.1M68.5M
Intangible Assets45.1M168.0M171.7M174.9M125.2M75.3M
Other Liab245.0M270.7M6.9M9.3M10.7M10.1M
Net Tangible Assets1.1B1.5B2.4B2.6B3.0B1.6B
Property Plant Equipment9.2M11.6M15.8M16.2M18.7M10.0M

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When running Argen X's price analysis, check to measure Argen X'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 Argen X is operating at the current time. Most of Argen X's value examination focuses on studying past and present price action to predict the probability of Argen X's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Argen X's price. Additionally, you may evaluate how the addition of Argen X to your portfolios can decrease your overall portfolio volatility.