ASK Free Cash Flow vs Depreciation Analysis

ASKAUTOLTD

432.55 7.05 1.60%

ASK AUTOMOTIVE financial indicator trend analysis is way more than just evaluating ASK AUTOMOTIVE prevailing accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether ASK AUTOMOTIVE is a good investment. Please check the relationship between ASK AUTOMOTIVE Free Cash Flow and its Depreciation accounts. Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in ASK AUTOMOTIVE LIMITED. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in employment.

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 ASK AUTOMOTIVE Free Cash Flow account and Depreciation. At this time, the significance of the direction appears to have pay attention.

The correlation between ASK AUTOMOTIVE's Free Cash Flow and Depreciation is -0.87. 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 ASK AUTOMOTIVE LIMITED, assuming nothing else is changed. The correlation between historical values of ASK AUTOMOTIVE'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 ASK AUTOMOTIVE LIMITED 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., ASK AUTOMOTIVE's Free Cash Flow and Depreciation go up and down completely randomly.

Correlation Coefficient

-0.87

Relationship Direction	Negative
Relationship Strength	Significant

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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 ASK AUTOMOTIVE value has been used up. For tax purposes ASK AUTOMOTIVE can deduct the cost of the tangible assets it purchases as business expenses. However, ASK AUTOMOTIVE LIMITED 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 ASK AUTOMOTIVE's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into ASK AUTOMOTIVE 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 ASK AUTOMOTIVE LIMITED. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in employment.

As of the 25th of November 2024, Tax Provision is likely to drop to about 417.6 M. In addition to that, Selling General Administrative is likely to drop to about 119.3 M

	2021	2022	2023	2024 (projected)
Total Revenue	20.1B	25.5B	29.9B	23.6B
Depreciation And Amortization	559.1M	607.1M	689.9M	621.9M

Total Revenue Depreciation And Amortization

ASK AUTOMOTIVE fundamental ratios Correlations

	Total Assets	Short Long Term Debt Total	Other Current Liab	Total Current Liabilities	Total Stockholder Equity	Property Plant And Equipment Net	Current Deferred Revenue	Net Debt	Retained Earnings	Accounts Payable	Cash	Non Current Assets Total	Non Currrent Assets Other	Cash And Short Term Investments	Net Receivables	Good Will	Common Stock Shares Outstanding	Short Term Investments	Non Current Liabilities Total	Inventory	Other Current Assets	Other Stockholder Equity	Total Liab	Total Current Assets	Short Term Debt	Intangible Assets
Total Assets		0.91	0.93	0.99	0.97	0.99	-0.69	0.88	0.97	0.96	0.38	0.99	-0.95	-0.4	0.89	0.36	-0.77	0.77	0.94	0.99	0.19	-0.49	0.98	0.98	0.48	-0.91
Short Long Term Debt Total	0.91		0.99	0.92	0.77	0.93	-0.41	1.0	0.78	0.77	0.04	0.92	-0.78	-0.52	0.7	0.23	-0.58	0.72	0.99	0.89	0.32	-0.48	0.97	0.84	0.78	-0.79
Other Current Liab	0.93	0.99		0.96	0.81	0.95	-0.52	0.99	0.82	0.82	0.06	0.94	-0.83	-0.59	0.78	0.28	-0.63	0.8	0.98	0.93	0.23	-0.52	0.98	0.89	0.75	-0.86
Total Current Liabilities	0.99	0.92	0.96		0.94	0.98	-0.71	0.9	0.93	0.95	0.28	0.97	-0.93	-0.51	0.91	0.33	-0.73	0.84	0.93	0.99	0.11	-0.52	0.99	0.98	0.55	-0.94
Total Stockholder Equity	0.97	0.77	0.81	0.94		0.94	-0.78	0.73	1.0	0.99	0.57	0.94	-0.97	-0.25	0.91	0.41	-0.83	0.72	0.82	0.96	0.12	-0.47	0.9	0.97	0.25	-0.89
Property Plant And Equipment Net	0.99	0.93	0.95	0.98	0.94		-0.6	0.91	0.95	0.94	0.32	1.0	-0.92	-0.39	0.83	0.31	-0.74	0.72	0.96	0.97	0.26	-0.45	0.99	0.94	0.5	-0.86
Current Deferred Revenue	-0.69	-0.41	-0.52	-0.71	-0.78	-0.6		-0.38	-0.73	-0.82	-0.57	-0.59	0.77	0.35	-0.94	-0.33	0.59	-0.83	-0.42	-0.76	0.46	0.45	-0.59	-0.83	-0.06	0.87
Net Debt	0.88	1.0	0.99	0.9	0.73	0.91	-0.38		0.75	0.73	-0.02	0.9	-0.75	-0.55	0.67	0.22	-0.56	0.71	0.98	0.86	0.33	-0.47	0.95	0.81	0.81	-0.77
Retained Earnings	0.97	0.78	0.82	0.93	1.0	0.95	-0.73	0.75		0.98	0.56	0.96	-0.97	-0.22	0.87	0.41	-0.83	0.67	0.84	0.95	0.19	-0.46	0.91	0.95	0.26	-0.86
Accounts Payable	0.96	0.77	0.82	0.95	0.99	0.94	-0.82	0.73	0.98		0.5	0.93	-0.95	-0.35	0.94	0.34	-0.77	0.77	0.81	0.96	0.01	-0.42	0.9	0.98	0.26	-0.92
Cash	0.38	0.04	0.06	0.28	0.57	0.32	-0.57	-0.02	0.56	0.5		0.33	-0.5	0.55	0.43	0.19	-0.46	0.14	0.14	0.41	-0.1	-0.1	0.22	0.44	-0.44	-0.32
Non Current Assets Total	0.99	0.92	0.94	0.97	0.94	1.0	-0.59	0.9	0.96	0.93	0.33		-0.92	-0.36	0.81	0.35	-0.77	0.69	0.96	0.96	0.31	-0.46	0.98	0.94	0.5	-0.85
Non Currrent Assets Other	-0.95	-0.78	-0.83	-0.93	-0.97	-0.92	0.77	-0.75	-0.97	-0.95	-0.5	-0.92		0.34	-0.9	-0.59	0.91	-0.75	-0.82	-0.95	-0.19	0.67	-0.9	-0.95	-0.35	0.91
Cash And Short Term Investments	-0.4	-0.52	-0.59	-0.51	-0.25	-0.39	0.35	-0.55	-0.22	-0.35	0.55	-0.36	0.34		-0.51	-0.21	0.21	-0.72	-0.42	-0.42	0.18	0.45	-0.48	-0.43	-0.68	0.59
Net Receivables	0.89	0.7	0.78	0.91	0.91	0.83	-0.94	0.67	0.87	0.94	0.43	0.81	-0.9	-0.51		0.34	-0.69	0.92	0.7	0.93	-0.24	-0.51	0.83	0.96	0.33	-0.98
Good Will	0.36	0.23	0.28	0.33	0.41	0.31	-0.33	0.22	0.41	0.34	0.19	0.35	-0.59	-0.21	0.34		-0.84	0.29	0.25	0.36	0.43	-0.9	0.3	0.35	0.17	-0.41
Common Stock Shares Outstanding	-0.77	-0.58	-0.63	-0.73	-0.83	-0.74	0.59	-0.56	-0.83	-0.77	-0.46	-0.77	0.91	0.21	-0.69	-0.84		-0.52	-0.64	-0.75	-0.41	0.78	-0.7	-0.75	-0.22	0.72
Short Term Investments	0.77	0.72	0.8	0.84	0.72	0.72	-0.83	0.71	0.67	0.77	0.14	0.69	-0.75	-0.72	0.92	0.29	-0.52		0.66	0.84	-0.31	-0.59	0.78	0.86	0.59	-0.95
Non Current Liabilities Total	0.94	0.99	0.98	0.93	0.82	0.96	-0.42	0.98	0.84	0.81	0.14	0.96	-0.82	-0.42	0.7	0.25	-0.64	0.66		0.9	0.38	-0.44	0.98	0.86	0.68	-0.77
Inventory	0.99	0.89	0.93	0.99	0.96	0.97	-0.76	0.86	0.95	0.96	0.41	0.96	-0.95	-0.42	0.93	0.36	-0.75	0.84	0.9		0.08	-0.54	0.97	0.99	0.49	-0.95
Other Current Assets	0.19	0.32	0.23	0.11	0.12	0.26	0.46	0.33	0.19	0.01	-0.1	0.31	-0.19	0.18	-0.24	0.43	-0.41	-0.31	0.38	0.08		-0.29	0.23	-0.01	0.26	0.13
Other Stockholder Equity	-0.49	-0.48	-0.52	-0.52	-0.47	-0.45	0.45	-0.47	-0.46	-0.42	-0.1	-0.46	0.67	0.45	-0.51	-0.9	0.78	-0.59	-0.44	-0.54	-0.29		-0.49	-0.52	-0.52	0.62
Total Liab	0.98	0.97	0.98	0.99	0.9	0.99	-0.59	0.95	0.91	0.9	0.22	0.98	-0.9	-0.48	0.83	0.3	-0.7	0.78	0.98	0.97	0.23	-0.49		0.94	0.62	-0.88
Total Current Assets	0.98	0.84	0.89	0.98	0.97	0.94	-0.83	0.81	0.95	0.98	0.44	0.94	-0.95	-0.43	0.96	0.35	-0.75	0.86	0.86	0.99	-0.01	-0.52	0.94		0.43	-0.97
Short Term Debt	0.48	0.78	0.75	0.55	0.25	0.5	-0.06	0.81	0.26	0.26	-0.44	0.5	-0.35	-0.68	0.33	0.17	-0.22	0.59	0.68	0.49	0.26	-0.52	0.62	0.43		-0.49
Intangible Assets	-0.91	-0.79	-0.86	-0.94	-0.89	-0.86	0.87	-0.77	-0.86	-0.92	-0.32	-0.85	0.91	0.59	-0.98	-0.41	0.72	-0.95	-0.77	-0.95	0.13	0.62	-0.88	-0.97	-0.49

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ASK AUTOMOTIVE Account Relationship Matchups

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Other Information on Investing in ASK Stock

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

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ASK Free Cash Flow vs Depreciation Analysis

Free Cash Flow vs Depreciation

Free Cash Flow vs Depreciation Correlation Analysis

Correlation Coefficient

Free Cash Flow

Depreciation

ASK AUTOMOTIVE fundamental ratios Correlations

ASK AUTOMOTIVE Account Relationship Matchups

High Positive Relationship

High Negative Relationship

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Other Information on Investing in ASK Stock

COMMON DESTINATIONS

MAIN CATEGORIES

COMPANY

Net Debt	+ 1.0	Short Long Term Debt Total
Retained Earnings	+ 1.0	Total Stockholder Equity
Non Current Assets Total	+ 1.0	Property Plant And Equipment Net
Total Current Liabilities	+ 0.99	Total Assets
Property Plant And Equipment Net	+ 0.99	Total Assets
Non Current Assets Total	+ 0.99	Total Assets

Intangible Assets	- 0.98	Net Receivables
Intangible Assets	- 0.97	Total Current Assets
Non Currrent Assets Other	- 0.97	Retained Earnings
Non Currrent Assets Other	- 0.97	Total Stockholder Equity
Intangible Assets	- 0.95	Inventory
Intangible Assets	- 0.95	Short Term Investments