BrightSpring Investments vs Free Cash Flow Analysis

BTSGU Stock

71.13 1.98 2.86%

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

Investments vs Free Cash Flow

Investments vs Free Cash Flow Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of BrightSpring Health Investments account and Free Cash Flow. At this time, the significance of the direction appears to have pay attention.

The correlation between BrightSpring Health's Investments and Free Cash Flow is -0.72. Overlapping area represents the amount of variation of Investments that can explain the historical movement of Free Cash Flow in the same time period over historical financial statements of BrightSpring Health Services,, assuming nothing else is changed. The correlation between historical values of BrightSpring Health's Investments 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 Investments of BrightSpring Health Services, 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 Investments i.e., BrightSpring Health's Investments and Free Cash Flow go up and down completely randomly.

Correlation Coefficient

-0.72

Relationship Direction	Negative
Relationship Strength	Weak

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Investments

Securities or assets acquired for generating income or appreciating in value, not used in daily operations.

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 BrightSpring Health's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into BrightSpring Health 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 BrightSpring Health Services,. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in price.

Tax Provision is likely to gain to about (17.6 M) in 2024. Selling General Administrative is likely to drop to about 1.2 B in 2024

	2021	2022	2023	2024 (projected)
Interest Expense	233.6M	324.6M	373.3M	237.2M
Depreciation And Amortization	204.0M	202.3M	232.7M	216.4M

Interest Expense Depreciation And Amortization

BrightSpring Health 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	Other Assets	Long Term Debt	Cash And Short Term Investments	Net Receivables	Good Will	Common Stock Shares Outstanding	Non Current Liabilities Total	Capital Lease Obligations	Inventory	Other Current Assets	Other Stockholder Equity	Total Liab	Net Invested Capital
Total Assets		0.99	0.87	0.92	-0.64	0.95	0.49	0.99	-0.67	0.92	-0.95	0.99	0.73	-0.67	0.99	-0.95	0.95	0.98	0.95	0.99	0.88	0.9	0.99	0.95	1.0	0.99
Short Long Term Debt Total	0.99		0.88	0.9	-0.59	0.96	0.41	1.0	-0.63	0.9	-0.96	0.99	0.68	-0.63	1.0	-0.96	0.93	0.99	0.97	0.99	0.91	0.86	0.96	0.97	0.99	0.99
Other Current Liab	0.87	0.88		0.94	-0.77	0.96	0.43	0.86	-0.76	0.88	-0.78	0.83	0.75	-0.57	0.87	-0.78	0.92	0.86	0.81	0.81	0.93	0.72	0.8	0.81	0.89	0.83
Total Current Liabilities	0.92	0.9	0.94		-0.8	0.92	0.67	0.9	-0.84	0.99	-0.85	0.86	0.83	-0.55	0.9	-0.85	0.99	0.89	0.86	0.86	0.81	0.9	0.89	0.86	0.94	0.85
Total Stockholder Equity	-0.64	-0.59	-0.77	-0.8		-0.71	-0.73	-0.56	0.96	-0.77	0.49	-0.52	-0.97	0.73	-0.58	0.49	-0.78	-0.53	-0.46	-0.55	-0.61	-0.68	-0.66	-0.46	-0.67	-0.53
Property Plant And Equipment Net	0.95	0.96	0.96	0.92	-0.71		0.4	0.94	-0.69	0.88	-0.86	0.93	0.74	-0.69	0.95	-0.86	0.93	0.93	0.88	0.93	0.97	0.78	0.92	0.88	0.96	0.94
Current Deferred Revenue	0.49	0.41	0.43	0.67	-0.73	0.4		0.41	-0.77	0.73	-0.38	0.36	0.74	-0.35	0.43	-0.38	0.67	0.39	0.36	0.42	0.18	0.79	0.57	0.36	0.54	0.36
Net Debt	0.99	1.0	0.86	0.9	-0.56	0.94	0.41		-0.62	0.9	-0.98	0.99	0.66	-0.59	1.0	-0.98	0.93	1.0	0.98	0.98	0.88	0.87	0.95	0.98	0.99	0.99
Retained Earnings	-0.67	-0.63	-0.76	-0.84	0.96	-0.69	-0.77	-0.62		-0.83	0.61	-0.57	-0.97	0.65	-0.63	0.61	-0.82	-0.6	-0.56	-0.59	-0.56	-0.75	-0.67	-0.56	-0.71	-0.57
Accounts Payable	0.92	0.9	0.88	0.99	-0.77	0.88	0.73	0.9	-0.83		-0.87	0.86	0.82	-0.54	0.9	-0.87	0.99	0.89	0.87	0.87	0.75	0.95	0.91	0.87	0.95	0.86
Cash	-0.95	-0.96	-0.78	-0.85	0.49	-0.86	-0.38	-0.98	0.61	-0.87		-0.97	-0.63	0.55	-0.97	1.0	-0.88	-0.98	-0.99	-0.95	-0.8	-0.86	-0.91	-0.99	-0.94	-0.96
Non Current Assets Total	0.99	0.99	0.83	0.86	-0.52	0.93	0.36	0.99	-0.57	0.86	-0.97		0.63	-0.63	1.0	-0.97	0.89	0.99	0.97	1.0	0.89	0.85	0.96	0.97	0.98	1.0
Non Currrent Assets Other	0.73	0.68	0.75	0.83	-0.97	0.74	0.74	0.66	-0.97	0.82	-0.63	0.63		-0.8	0.68	-0.63	0.83	0.63	0.57	0.66	0.63	0.77	0.75	0.57	0.75	0.63
Other Assets	-0.67	-0.63	-0.57	-0.55	0.73	-0.69	-0.35	-0.59	0.65	-0.54	0.55	-0.63	-0.8		-0.62	0.55	-0.59	-0.55	-0.47	-0.67	-0.68	-0.56	-0.72	-0.47	-0.65	-0.65
Long Term Debt	0.99	1.0	0.87	0.9	-0.58	0.95	0.43	1.0	-0.63	0.9	-0.97	1.0	0.68	-0.62		-0.97	0.93	0.99	0.97	0.99	0.89	0.87	0.96	0.97	0.99	0.99
Cash And Short Term Investments	-0.95	-0.96	-0.78	-0.85	0.49	-0.86	-0.38	-0.98	0.61	-0.87	1.0	-0.97	-0.63	0.55	-0.97		-0.88	-0.98	-0.99	-0.95	-0.8	-0.86	-0.91	-0.99	-0.94	-0.96
Net Receivables	0.95	0.93	0.92	0.99	-0.78	0.93	0.67	0.93	-0.82	0.99	-0.88	0.89	0.83	-0.59	0.93	-0.88		0.92	0.89	0.9	0.82	0.93	0.93	0.89	0.97	0.89
Good Will	0.98	0.99	0.86	0.89	-0.53	0.93	0.39	1.0	-0.6	0.89	-0.98	0.99	0.63	-0.55	0.99	-0.98	0.92		0.99	0.98	0.87	0.86	0.93	0.99	0.98	0.99
Common Stock Shares Outstanding	0.95	0.97	0.81	0.86	-0.46	0.88	0.36	0.98	-0.56	0.87	-0.99	0.97	0.57	-0.47	0.97	-0.99	0.89	0.99		0.95	0.82	0.84	0.9	1.0	0.95	0.97
Non Current Liabilities Total	0.99	0.99	0.81	0.86	-0.55	0.93	0.42	0.98	-0.59	0.87	-0.95	1.0	0.66	-0.67	0.99	-0.95	0.9	0.98	0.95		0.87	0.88	0.98	0.95	0.98	1.0
Capital Lease Obligations	0.88	0.91	0.93	0.81	-0.61	0.97	0.18	0.88	-0.56	0.75	-0.8	0.89	0.63	-0.68	0.89	-0.8	0.82	0.87	0.82	0.87		0.62	0.83	0.82	0.88	0.89
Inventory	0.9	0.86	0.72	0.9	-0.68	0.78	0.79	0.87	-0.75	0.95	-0.86	0.85	0.77	-0.56	0.87	-0.86	0.93	0.86	0.84	0.88	0.62		0.93	0.84	0.92	0.84
Other Current Assets	0.99	0.96	0.8	0.89	-0.66	0.92	0.57	0.95	-0.67	0.91	-0.91	0.96	0.75	-0.72	0.96	-0.91	0.93	0.93	0.9	0.98	0.83	0.93		0.9	0.98	0.96
Other Stockholder Equity	0.95	0.97	0.81	0.86	-0.46	0.88	0.36	0.98	-0.56	0.87	-0.99	0.97	0.57	-0.47	0.97	-0.99	0.89	0.99	1.0	0.95	0.82	0.84	0.9		0.95	0.96
Total Liab	1.0	0.99	0.89	0.94	-0.67	0.96	0.54	0.99	-0.71	0.95	-0.94	0.98	0.75	-0.65	0.99	-0.94	0.97	0.98	0.95	0.98	0.88	0.92	0.98	0.95		0.98
Net Invested Capital	0.99	0.99	0.83	0.85	-0.53	0.94	0.36	0.99	-0.57	0.86	-0.96	1.0	0.63	-0.65	0.99	-0.96	0.89	0.99	0.97	1.0	0.89	0.84	0.96	0.96	0.98

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BrightSpring Investments vs Free Cash Flow Analysis

Investments vs Free Cash Flow

Investments vs Free Cash Flow Correlation Analysis

Correlation Coefficient

Investments

Free Cash Flow

BrightSpring Health fundamental ratios Correlations

BrightSpring Health Account Relationship Matchups

High Positive Relationship

High Negative Relationship

Thematic Opportunities

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Additional Tools for BrightSpring Stock Analysis

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COMPANY

Total Liab	+ 1.0	Total Assets
Net Debt	+ 1.0	Short Long Term Debt Total
Long Term Debt	+ 1.0	Short Long Term Debt Total
Long Term Debt	+ 1.0	Net Debt
Good Will	+ 1.0	Net Debt
Cash And Short Term Investments	+ 1.0	Cash

Other Stockholder Equity	- 0.99	Cash And Short Term Investments
Common Stock Shares Outstanding	- 0.99	Cash And Short Term Investments
Other Stockholder Equity	- 0.99	Cash
Common Stock Shares Outstanding	- 0.99	Cash
Good Will	- 0.98	Cash And Short Term Investments
Good Will	- 0.98	Cash