National Change To Inventory vs Free Cash Flow Analysis

688126 Stock

21.38 1.66 7.20%

National Silicon financial indicator trend analysis is infinitely more than just investigating National Silicon Industry recent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether National Silicon Industry is a good investment. Please check the relationship between National Silicon Change To Inventory and its Free Cash Flow accounts. Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in National Silicon Industry. 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 To Inventory vs Free Cash Flow

Change To Inventory vs Free Cash Flow Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of National Silicon Industry Change To Inventory account and Free Cash Flow. At this time, the significance of the direction appears to have almost identical trend.

The correlation between National Silicon's Change To Inventory and Free Cash Flow is 0.94. Overlapping area represents the amount of variation of Change To Inventory that can explain the historical movement of Free Cash Flow in the same time period over historical financial statements of National Silicon Industry, assuming nothing else is changed. The correlation between historical values of National Silicon's Change To Inventory 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 To Inventory of National Silicon Industry 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 To Inventory i.e., National Silicon's Change To Inventory and Free Cash Flow go up and down completely randomly.

Correlation Coefficient

0.94

Relationship Direction	Positive
Relationship Strength	Very Strong

View All Relationships

Change To Inventory

The increase or decrease in the amount of inventory a company has over a certain period.

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 National Silicon's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into National Silicon Industry 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 National Silicon Industry. 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 Tax Provision is expected to grow to about 23.9 M, whereas Selling General Administrative is forecasted to decline to about 151.3 M.

	2021	2022	2023	2024 (projected)
Gross Profit	393.6M	818.1M	525.1M	359.0M
Total Revenue	2.5B	3.6B	3.2B	2.0B

Gross Profit Total Revenue

National Silicon fundamental ratios Correlations

	Total Assets	Other Current Liab	Total Current Liabilities	Total Stockholder Equity	Retained Earnings	Accounts Payable	Cash	Non Current Assets Total	Non Currrent Assets Other	Long Term Debt	Net Receivables	Good Will	Non Current Liabilities Total	Inventory	Other Current Assets	Total Liab	Short Long Term Debt	Total Current Assets	Non Current Liabilities Other	Intangible Assets	Other Liab	Net Tangible Assets	Net Debt	Other Assets	Common Stock Shares Outstanding	Other Stockholder Equity
Total Assets		0.53	0.86	0.99	0.81	0.94	0.84	0.98	0.86	0.85	0.96	0.84	0.96	0.86	0.84	0.96	0.76	0.88	0.43	0.95	0.84	0.91	0.9	0.85	0.95	0.85
Other Current Liab	0.53		0.35	0.59	0.06	0.58	0.28	0.52	0.22	0.18	0.65	0.58	0.46	0.2	0.15	0.43	0.13	0.34	0.67	0.45	0.55	0.37	0.39	0.22	0.56	0.59
Total Current Liabilities	0.86	0.35		0.83	0.76	0.95	0.68	0.89	0.81	0.73	0.89	0.88	0.86	0.81	0.82	0.94	0.8	0.73	0.3	0.81	0.9	0.75	0.8	0.78	0.73	0.71
Total Stockholder Equity	0.99	0.59	0.83		0.78	0.94	0.8	0.99	0.82	0.85	0.96	0.87	0.97	0.85	0.83	0.95	0.76	0.86	0.53	0.95	0.87	0.91	0.91	0.81	0.97	0.9
Retained Earnings	0.81	0.06	0.76	0.78		0.76	0.91	0.81	0.96	0.97	0.75	0.7	0.8	0.98	0.98	0.82	0.9	0.93	0.16	0.78	0.7	0.94	0.9	0.95	0.81	0.65
Accounts Payable	0.94	0.58	0.95	0.94	0.76		0.75	0.96	0.83	0.79	0.98	0.94	0.93	0.83	0.83	0.97	0.79	0.81	0.45	0.89	0.94	0.85	0.89	0.81	0.87	0.85
Cash	0.84	0.28	0.68	0.8	0.91	0.75		0.76	0.96	0.87	0.79	0.62	0.73	0.89	0.86	0.74	0.72	0.99	0.12	0.76	0.59	0.92	0.85	0.97	0.83	0.56
Non Current Assets Total	0.98	0.52	0.89	0.99	0.81	0.96	0.76		0.82	0.86	0.95	0.9	0.99	0.87	0.86	0.99	0.81	0.83	0.51	0.95	0.91	0.9	0.92	0.81	0.95	0.92
Non Currrent Assets Other	0.86	0.22	0.81	0.82	0.96	0.83	0.96	0.82		0.91	0.83	0.73	0.79	0.95	0.94	0.83	0.84	0.97	0.12	0.79	0.71	0.93	0.9	0.99	0.81	0.62
Long Term Debt	0.85	0.18	0.73	0.85	0.97	0.79	0.87	0.86	0.91		0.78	0.75	0.87	0.98	0.98	0.85	0.9	0.91	0.31	0.83	0.75	0.97	0.95	0.92	0.89	0.79
Net Receivables	0.96	0.65	0.89	0.96	0.75	0.98	0.79	0.95	0.83	0.78		0.9	0.91	0.81	0.81	0.94	0.72	0.84	0.45	0.87	0.89	0.86	0.89	0.82	0.9	0.83
Good Will	0.84	0.58	0.88	0.87	0.7	0.94	0.62	0.9	0.73	0.75	0.9		0.89	0.8	0.78	0.92	0.85	0.7	0.62	0.87	0.99	0.8	0.85	0.7	0.83	0.9
Non Current Liabilities Total	0.96	0.46	0.86	0.97	0.8	0.93	0.73	0.99	0.79	0.87	0.91	0.89		0.87	0.86	0.98	0.83	0.8	0.52	0.96	0.9	0.9	0.92	0.78	0.94	0.94
Inventory	0.86	0.2	0.81	0.85	0.98	0.83	0.89	0.87	0.95	0.98	0.81	0.8	0.87		0.99	0.88	0.94	0.93	0.29	0.85	0.8	0.97	0.95	0.95	0.87	0.77
Other Current Assets	0.84	0.15	0.82	0.83	0.98	0.83	0.86	0.86	0.94	0.98	0.81	0.78	0.86	0.99		0.88	0.92	0.9	0.24	0.8	0.78	0.95	0.95	0.93	0.84	0.75
Total Liab	0.96	0.43	0.94	0.95	0.82	0.97	0.74	0.99	0.83	0.85	0.94	0.92	0.98	0.88	0.88		0.85	0.8	0.45	0.93	0.93	0.87	0.91	0.81	0.89	0.88
Short Long Term Debt	0.76	0.13	0.8	0.76	0.9	0.79	0.72	0.81	0.84	0.9	0.72	0.85	0.83	0.94	0.92	0.85		0.78	0.4	0.83	0.85	0.86	0.86	0.8	0.77	0.76
Total Current Assets	0.88	0.34	0.73	0.86	0.93	0.81	0.99	0.83	0.97	0.91	0.84	0.7	0.8	0.93	0.9	0.8	0.78		0.23	0.81	0.68	0.96	0.9	0.98	0.88	0.66
Non Current Liabilities Other	0.43	0.67	0.3	0.53	0.16	0.45	0.12	0.51	0.12	0.31	0.45	0.62	0.52	0.29	0.24	0.45	0.4	0.23		0.51	0.64	0.39	0.36	0.09	0.59	0.72
Intangible Assets	0.95	0.45	0.81	0.95	0.78	0.89	0.76	0.95	0.79	0.83	0.87	0.87	0.96	0.85	0.8	0.93	0.83	0.81	0.51		0.86	0.88	0.87	0.78	0.92	0.88
Other Liab	0.84	0.55	0.9	0.87	0.7	0.94	0.59	0.91	0.71	0.75	0.89	0.99	0.9	0.8	0.78	0.93	0.85	0.68	0.64	0.86		0.79	0.84	0.68	0.83	0.91
Net Tangible Assets	0.91	0.37	0.75	0.91	0.94	0.85	0.92	0.9	0.93	0.97	0.86	0.8	0.9	0.97	0.95	0.87	0.86	0.96	0.39	0.88	0.79		0.97	0.94	0.95	0.82
Net Debt	0.9	0.39	0.8	0.91	0.9	0.89	0.85	0.92	0.9	0.95	0.89	0.85	0.92	0.95	0.95	0.91	0.86	0.9	0.36	0.87	0.84	0.97		0.91	0.92	0.87
Other Assets	0.85	0.22	0.78	0.81	0.95	0.81	0.97	0.81	0.99	0.92	0.82	0.7	0.78	0.95	0.93	0.81	0.8	0.98	0.09	0.78	0.68	0.94	0.91		0.82	0.61
Common Stock Shares Outstanding	0.95	0.56	0.73	0.97	0.81	0.87	0.83	0.95	0.81	0.89	0.9	0.83	0.94	0.87	0.84	0.89	0.77	0.88	0.59	0.92	0.83	0.95	0.92	0.82		0.91
Other Stockholder Equity	0.85	0.59	0.71	0.9	0.65	0.85	0.56	0.92	0.62	0.79	0.83	0.9	0.94	0.77	0.75	0.88	0.76	0.66	0.72	0.88	0.91	0.82	0.87	0.61	0.91

Click cells to compare fundamentals

National Silicon Account Relationship Matchups

High Positive Relationship

Total Stockholder Equity	+ 0.99	Total Assets
Non Current Assets Total	+ 0.99	Total Stockholder Equity
Total Current Assets	+ 0.99	Cash
Non Current Liabilities Total	+ 0.99	Non Current Assets Total
Total Liab	+ 0.99	Non Current Assets Total
Other Assets	+ 0.99	Non Currrent Assets Other

High Negative Relationship

Not Found

National Silicon fundamental ratios Accounts

	2019	2020	2021	2022	2023	2024 (projected)
Total Assets	10.0B	14.5B	16.3B	25.5B	29.0B	15.4B
Other Current Liab	271.0M	561.3M	445.1M	886.7M	27.0M	25.7M
Total Current Liabilities	2.2B	1.4B	1.4B	1.9B	2.9B	1.7B
Total Stockholder Equity	5.1B	9.4B	10.4B	14.3B	15.1B	8.7B
Retained Earnings	174.6M	261.6M	407.7M	732.8M	1.7B	1.8B
Accounts Payable	237.4M	203.5M	234.1M	313.1M	320.7M	218.1M
Cash	710.6M	1.3B	883.9M	7.6B	7.3B	7.7B
Non Current Assets Total	8.3B	11.2B	13.6B	14.7B	18.5B	11.0B
Non Currrent Assets Other	301.2M	159.8M	203.9M	668.6M	826.9M	868.2M
Long Term Debt	761.3M	1.6B	2.5B	2.3B	4.0B	4.2B
Net Receivables	363.8M	346.9M	427.5M	686.1M	568.4M	393.5M
Good Will	1.1B	1.1B	1.1B	1.1B	1.1B	1.1B
Non Current Liabilities Total	2.5B	3.6B	4.3B	4.0B	5.6B	3.4B
Inventory	440.1M	555.2M	677.9M	823.1M	1.4B	1.5B
Other Current Assets	143.5M	147.8M	272.7M	254.6M	493.5M	518.1M
Total Liab	4.8B	5.0B	5.8B	5.9B	8.5B	5.1B
Short Long Term Debt	638.5M	745.0M	558.7M	391.2M	1.1B	1.2B
Total Current Assets	1.7B	3.3B	2.7B	10.7B	10.5B	11.0B
Non Current Liabilities Other	423.4K	35.3M	15.6M	10.3M	3.8M	3.6M
Intangible Assets	268.2M	369.2M	326.4M	408.5M	566.0M	317.5M
Other Liab	1.7B	1.9B	1.7B	1.6B	1.9B	1.6B
Net Tangible Assets	3.6B	7.9B	9.0B	12.8B	14.7B	15.5B
Net Debt	418.2M	1.1B	1.1B	2.2B	2.5B	2.6B
Other Assets	331.2M	188.3M	311.1M	756.8M	870.3M	913.8M
Other Stockholder Equity	2.5B	4.5B	5.3B	3.9B	4.4B	3.5B
Deferred Long Term Liab	22.9M	8.3M	11.4M	6.9M	7.9M	9.3M
Net Invested Capital	6.9B	11.8B	13.5B	17.0B	20.2B	12.3B
Net Working Capital	(584.2M)	1.9B	1.3B	8.8B	7.6B	8.0B
Common Stock	2B	1.9B	2.5B	2.7B	3.1B	2.5B
Property Plant Equipment	3.8B	4.8B	5.7B	7.7B	8.9B	4.8B

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Balance Sheet is a snapshot of the financial position of National Silicon Industry at a specified time, usually calculated after every quarter, six months, or one year. National Silicon Balance Sheet has two main parts: assets and liabilities. Liabilities are the debts or obligations of National Silicon 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 National currently owns. An asset can also be divided into two categories, current and non-current.

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