Beijing Free Cash Flow vs Depreciation Analysis

300895 Stock

34.38 0.63 1.87%

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

Free Cash Flow vs Depreciation

Free Cash Flow vs Depreciation Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Beijing Topnew Info Free Cash Flow account and Depreciation. At this time, the significance of the direction appears to have significant contrarian relationship.

The correlation between Beijing Topnew's Free Cash Flow and Depreciation is -0.33. Overlapping area represents the amount of variation of Free Cash Flow that can explain the historical movement of Depreciation in the same time period over historical financial statements of Beijing Topnew Info, assuming nothing else is changed. The correlation between historical values of Beijing Topnew's Free Cash Flow and Depreciation is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Free Cash Flow of Beijing Topnew Info are associated (or correlated) with its Depreciation. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Depreciation has no effect on the direction of Free Cash Flow i.e., Beijing Topnew's Free Cash Flow and Depreciation go up and down completely randomly.

Correlation Coefficient

-0.33

Relationship Direction	Negative
Relationship Strength	Insignificant

View All Relationships

Free Cash Flow

The amount of cash a company generates after accounting for cash outflows to support operations and maintain its capital assets.

Depreciation

Depreciation indicates how much of Beijing Topnew Info value has been used up. For tax purposes Beijing Topnew can deduct the cost of the tangible assets it purchases as business expenses. However, Beijing Topnew Info 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.

Most indicators from Beijing Topnew's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Beijing Topnew Info 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 Beijing Topnew Info. 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.

The current year's Selling General Administrative is expected to grow to about 26.9 M, whereas Tax Provision is projected to grow to (22.6 M).

	2021	2022	2023	2024 (projected)
Interest Income	8.6M	4.5M	2.7M	5.1M
Net Interest Income	5.9M	3.4M	2.4M	4.7M

Interest Income Net Interest Income

Beijing Topnew fundamental ratios Correlations

	Other Current Liab	Total Current Liabilities	Net Tangible Assets	Retained Earnings	Accounts Payable	Other Assets	Net Receivables	Inventory	Other Current Assets	Deferred Long Term Liab	Total Current Assets	Common Stock	Property Plant Equipment	Total Assets	Total Stockholder Equity	Cash	Non Current Assets Total	Total Liab	Intangible Assets	Common Stock Shares Outstanding	Net Invested Capital	Net Working Capital	Capital Stock	Property Plant And Equipment Net	Non Currrent Assets Other	Property Plant And Equipment Gross
Other Current Liab		0.32	-0.07	0.2	0.02	-0.04	0.02	-0.03	-0.06	0.29	0.12	-0.08	-0.16	-0.02	-0.09	0.24	-0.07	0.3	-0.06	-0.18	-0.12	-0.12	-0.2	-0.21	0.01	-0.27
Total Current Liabilities	0.32		0.75	0.83	0.91	0.76	0.68	0.84	0.85	0.82	0.93	0.66	0.61	0.84	0.77	0.75	0.71	1.0	0.69	0.6	0.76	0.81	0.62	0.53	0.71	0.51
Net Tangible Assets	-0.07	0.75		0.77	0.75	0.97	0.83	0.83	0.69	0.92	0.9	0.98	0.89	0.97	0.98	0.62	0.97	0.75	0.94	0.96	0.97	0.91	0.93	0.82	0.39	0.82
Retained Earnings	0.2	0.83	0.77		0.88	0.79	0.69	0.86	0.82	0.75	0.9	0.67	0.52	0.84	0.81	0.67	0.76	0.82	0.76	0.59	0.79	0.84	0.56	0.45	0.64	0.31
Accounts Payable	0.02	0.91	0.75	0.88		0.75	0.64	0.88	0.98	0.67	0.9	0.65	0.52	0.82	0.77	0.67	0.7	0.91	0.67	0.58	0.76	0.85	0.6	0.48	0.83	0.46
Other Assets	-0.04	0.76	0.97	0.79	0.75		0.82	0.87	0.7	0.88	0.87	0.94	0.87	0.97	0.98	0.53	0.99	0.76	0.98	0.93	0.97	0.86	0.91	0.77	0.46	0.78
Net Receivables	0.02	0.68	0.83	0.69	0.64	0.82		0.87	0.5	0.79	0.77	0.87	0.81	0.84	0.83	0.32	0.83	0.69	0.77	0.84	0.83	0.77	0.87	0.89	0.45	0.73
Inventory	-0.03	0.84	0.83	0.86	0.88	0.87	0.87		0.79	0.74	0.87	0.78	0.72	0.9	0.87	0.44	0.85	0.85	0.81	0.73	0.87	0.85	0.77	0.71	0.75	0.59
Other Current Assets	-0.06	0.85	0.69	0.82	0.98	0.7	0.5	0.79		0.58	0.84	0.57	0.45	0.77	0.73	0.68	0.65	0.85	0.64	0.52	0.72	0.81	0.53	0.39	0.8	0.41
Deferred Long Term Liab	0.29	0.82	0.92	0.75	0.67	0.88	0.79	0.74	0.58		0.9	0.89	0.83	0.9	0.88	0.71	0.87	0.81	0.84	0.85	0.87	0.83	0.82	0.71	0.32	0.72
Total Current Assets	0.12	0.93	0.9	0.9	0.9	0.87	0.77	0.87	0.84	0.9		0.82	0.76	0.95	0.91	0.8	0.85	0.92	0.83	0.77	0.91	0.96	0.77	0.67	0.58	0.62
Common Stock	-0.08	0.66	0.98	0.67	0.65	0.94	0.87	0.78	0.57	0.89	0.82		0.91	0.92	0.93	0.48	0.95	0.66	0.91	0.98	0.93	0.83	0.96	0.88	0.33	0.88
Property Plant Equipment	-0.16	0.61	0.89	0.52	0.52	0.87	0.81	0.72	0.45	0.83	0.76	0.91		0.88	0.9	0.48	0.91	0.62	0.88	0.95	0.91	0.81	0.96	0.92	0.18	0.9
Total Assets	-0.02	0.84	0.97	0.84	0.82	0.97	0.84	0.9	0.77	0.9	0.95	0.92	0.88		0.99	0.67	0.97	0.84	0.96	0.91	0.99	0.95	0.9	0.79	0.49	0.75
Total Stockholder Equity	-0.09	0.77	0.98	0.81	0.77	0.98	0.83	0.87	0.73	0.88	0.91	0.93	0.9	0.99		0.63	0.99	0.77	0.97	0.93	1.0	0.94	0.92	0.81	0.42	0.76
Cash	0.24	0.75	0.62	0.67	0.67	0.53	0.32	0.44	0.68	0.71	0.8	0.48	0.48	0.67	0.63		0.53	0.73	0.54	0.47	0.62	0.77	0.42	0.31	0.24	0.33
Non Current Assets Total	-0.07	0.71	0.97	0.76	0.7	0.99	0.83	0.85	0.65	0.87	0.85	0.95	0.91	0.97	0.99	0.53		0.72	0.99	0.95	0.99	0.87	0.93	0.82	0.37	0.79
Total Liab	0.3	1.0	0.75	0.82	0.91	0.76	0.69	0.85	0.85	0.81	0.92	0.66	0.62	0.84	0.77	0.73	0.72		0.69	0.61	0.77	0.82	0.64	0.55	0.72	0.52
Intangible Assets	-0.06	0.69	0.94	0.76	0.67	0.98	0.77	0.81	0.64	0.84	0.83	0.91	0.88	0.96	0.97	0.54	0.99	0.69		0.91	0.97	0.85	0.89	0.75	0.33	0.73
Common Stock Shares Outstanding	-0.18	0.6	0.96	0.59	0.58	0.93	0.84	0.73	0.52	0.85	0.77	0.98	0.95	0.91	0.93	0.47	0.95	0.61	0.91		0.94	0.83	0.99	0.91	0.22	0.91
Net Invested Capital	-0.12	0.76	0.97	0.79	0.76	0.97	0.83	0.87	0.72	0.87	0.91	0.93	0.91	0.99	1.0	0.62	0.99	0.77	0.97	0.94		0.94	0.92	0.82	0.41	0.78
Net Working Capital	-0.12	0.81	0.91	0.84	0.85	0.86	0.77	0.85	0.81	0.83	0.96	0.83	0.81	0.95	0.94	0.77	0.87	0.82	0.85	0.83	0.94		0.82	0.74	0.47	0.67
Capital Stock	-0.2	0.62	0.93	0.56	0.6	0.91	0.87	0.77	0.53	0.82	0.77	0.96	0.96	0.9	0.92	0.42	0.93	0.64	0.89	0.99	0.92	0.82		0.95	0.29	0.94
Property Plant And Equipment Net	-0.21	0.53	0.82	0.45	0.48	0.77	0.89	0.71	0.39	0.71	0.67	0.88	0.92	0.79	0.81	0.31	0.82	0.55	0.75	0.91	0.82	0.74	0.95		0.2	0.89
Non Currrent Assets Other	0.01	0.71	0.39	0.64	0.83	0.46	0.45	0.75	0.8	0.32	0.58	0.33	0.18	0.49	0.42	0.24	0.37	0.72	0.33	0.22	0.41	0.47	0.29	0.2		0.22
Property Plant And Equipment Gross	-0.27	0.51	0.82	0.31	0.46	0.78	0.73	0.59	0.41	0.72	0.62	0.88	0.9	0.75	0.76	0.33	0.79	0.52	0.73	0.91	0.78	0.67	0.94	0.89	0.22

Click cells to compare fundamentals

Beijing Topnew Account Relationship Matchups

Beijing Topnew fundamental ratios Accounts

	2019	2020	2021	2022	2023	2024 (projected)
Other Current Liab	64.1M	24.4M	29.9M	37.4M	4.9M	4.7M
Total Current Liabilities	101.5M	222.2M	346.2M	141.1M	98.6M	149.7M
Net Tangible Assets	537.4M	868.0M	917.6M	843.6M	970.2M	524.6M
Retained Earnings	167.6M	223.1M	267.7M	192.7M	46.3M	44.0M
Accounts Payable	35.8M	196.1M	307.5M	93.3M	45.0M	42.8M
Other Assets	168.3M	174.6M	232.6M	179.3M	206.2M	110.3M
Net Receivables	47.3M	45.5M	153.7M	197.2M	105.7M	78.9M
Inventory	78.8M	76.6M	225.9M	141.1M	54.5M	74.7M
Other Current Assets	16.1M	145.6M	182.5M	29.1M	21.6M	20.5M
Deferred Long Term Liab	20.9M	25.6M	27.6M	25.5M	29.3M	20.2M
Total Current Assets	321.8M	724.9M	817.0M	540.2M	386.6M	438.6M
Common Stock	72.7M	97.0M	116.4M	128.0M	147.2M	77.6M
Property Plant Equipment	180.0M	221.6M	253.2M	313.9M	361.0M	379.0M
Total Assets	928.1M	1.4B	1.5B	1.3B	1.1B	991.9M
Total Stockholder Equity	795.3M	1.1B	1.2B	1.1B	968.0M	790.7M
Cash	179.5M	440.8M	254.9M	170.3M	185.4M	256.6M
Non Current Assets Total	606.3M	646.6M	731.2M	737.0M	720.5M	502.9M
Total Liab	101.5M	222.2M	353.5M	150.3M	102.9M	168.8M
Intangible Assets	258.0M	250.4M	245.4M	243.8M	242.6M	171.7M
Common Stock Shares Outstanding	58.8M	87.3M	116.4M	140.8M	161.9M	111.1M
Net Invested Capital	795.3M	1.1B	1.2B	1.1B	975.2M	884.0M
Net Working Capital	220.3M	502.7M	470.8M	399.2M	288.0M	353.4M
Capital Stock	72.7M	97.0M	116.4M	128.0M	140.8M	110.7M

Also Currently Popular

Analyzing currently trending equities could be an opportunity to develop a better portfolio based on different market momentums that they can trigger. Utilizing the top trending stocks is also useful when creating a market-neutral strategy or pair trading technique involving a short or a long position in a currently trending equity.

ESRT	Empire State Realty
C	Citigroup
C	Citigroup

Other Information on Investing in Beijing Stock

Balance Sheet is a snapshot of the financial position of Beijing Topnew Info at a specified time, usually calculated after every quarter, six months, or one year. Beijing Topnew Balance Sheet has two main parts: assets and liabilities. Liabilities are the debts or obligations of Beijing Topnew and are divided into current liabilities and long term liabilities. An asset, on the other hand, is anything of value that can be converted into cash and which Beijing currently owns. An asset can also be divided into two categories, current and non-current.

Macroaxis helps investors of all levels and skills to maximize the upside of all their holdings and minimize the risk associated with market volatility, economic swings, and company-specific events. View terms and conditions

Feedback Blog

Made with optimal in San Francisco

2024 Macroaxis LLC

Beijing Free Cash Flow vs Depreciation Analysis

Free Cash Flow vs Depreciation

Free Cash Flow vs Depreciation Correlation Analysis

Correlation Coefficient

Free Cash Flow

Depreciation

Beijing Topnew fundamental ratios Correlations

Beijing Topnew Account Relationship Matchups

High Positive Relationship

High Negative Relationship

Beijing Topnew fundamental ratios Accounts

Also Currently Popular

Other Information on Investing in Beijing Stock

COMMON DESTINATIONS

MAIN CATEGORIES

COMPANY

Total Liab	+ 1.0	Total Current Liabilities
Net Invested Capital	+ 1.0	Total Stockholder Equity
Non Current Assets Total	+ 0.99	Other Assets
Total Stockholder Equity	+ 0.99	Total Assets
Net Invested Capital	+ 0.99	Total Assets
Non Current Assets Total	+ 0.99	Total Stockholder Equity

Property Plant And Equipment Gross	- 0.27	Other Current Liab
Property Plant And Equipment Net	- 0.21	Other Current Liab
Capital Stock	- 0.2	Other Current Liab
Common Stock Shares Outstanding	- 0.18	Other Current Liab
Property Plant Equipment	- 0.16	Other Current Liab
Net Working Capital	- 0.12	Other Current Liab