Credit Change To Operating Activities vs Free Cash Flow Analysis

CCP Stock

17.75 0.22 1.22%

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

Change To Operating Activities vs Free Cash Flow

Change To Operating Activities vs Free Cash Flow Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Credit Corp Group Change To Operating Activities account and Free Cash Flow. At this time, the significance of the direction appears to have strong relationship.

The correlation between Credit Corp's Change To Operating Activities and Free Cash Flow is 0.74. Overlapping area represents the amount of variation of Change To Operating Activities that can explain the historical movement of Free Cash Flow in the same time period over historical financial statements of Credit Corp Group, assuming nothing else is changed. The correlation between historical values of Credit Corp's Change To Operating Activities 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 Operating Activities of Credit Corp Group 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 Operating Activities i.e., Credit Corp's Change To Operating Activities and Free Cash Flow go up and down completely randomly.

Correlation Coefficient

0.74

Relationship Direction	Positive
Relationship Strength	Significant

View All Relationships

Change To Operating Activities

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 Credit Corp's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Credit Corp Group 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 Credit Corp Group. 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.

At this time, Credit Corp's Selling General Administrative is comparatively stable compared to the past year. Tax Provision is likely to gain to about 30.3 M in 2024, whereas Issuance Of Capital Stock is likely to drop slightly above 159.3 M in 2024.

	2021	2022	2023	2024 (projected)
Other Operating Expenses	268.2M	345.0M	233.6M	245.2M
Interest Expense	5.2M	17.0M	25.9M	27.2M

Other Operating Expenses Interest Expense

Credit Corp fundamental ratios Correlations

	Common Stock Shares Outstanding	Total Assets	Other Current Liab	Total Current Liabilities	Total Stockholder Equity	Other Liab	Property Plant And Equipment Net	Net Debt	Retained Earnings	Accounts Payable	Cash	Non Current Assets Total	Non Currrent Assets Other	Cash And Short Term Investments	Net Receivables	Common Stock Total Equity	Other Stockholder Equity	Total Liab	Property Plant And Equipment Gross	Total Current Assets	Intangible Assets	Common Stock	Property Plant Equipment	Other Assets	Non Current Liabilities Total	Inventory
Common Stock Shares Outstanding		0.77	0.58	0.43	0.84	0.49	0.83	0.34	0.81	0.71	0.8	0.24	0.3	0.55	0.64	0.81	-0.68	0.53	0.82	0.3	0.42	0.81	0.8	0.72	0.37	0.59
Total Assets	0.77		0.83	0.78	0.97	0.2	0.86	0.78	0.99	0.47	0.79	0.66	0.68	0.32	0.73	0.92	-0.45	0.91	0.9	0.7	0.4	0.93	0.91	0.99	0.81	0.84
Other Current Liab	0.58	0.83		0.75	0.8	0.32	0.77	0.68	0.77	0.28	0.6	0.66	0.7	0.29	0.36	0.78	-0.23	0.76	0.76	0.69	0.42	0.81	0.81	0.82	0.7	0.7
Total Current Liabilities	0.43	0.78	0.75		0.73	0.34	0.63	0.7	0.73	0.15	0.48	0.96	0.96	0.35	0.38	0.74	0.02	0.75	0.67	0.97	0.0	0.76	0.73	0.77	0.74	0.6
Total Stockholder Equity	0.84	0.97	0.8	0.73		0.3	0.93	0.62	0.97	0.55	0.87	0.57	0.64	0.43	0.74	0.98	-0.55	0.78	0.94	0.63	0.38	0.98	0.95	0.95	0.65	0.77
Other Liab	0.49	0.2	0.32	0.34	0.3		0.38	-0.11	0.21	0.41	0.3	0.23	0.29	0.65	-0.14	0.36	-0.31	0.01	0.39	0.25	0.18	0.36	0.37	0.13	-0.08	0.09
Property Plant And Equipment Net	0.83	0.86	0.77	0.63	0.93	0.38		0.42	0.84	0.51	0.87	0.46	0.55	0.47	0.65	0.96	-0.6	0.61	0.94	0.51	0.35	0.96	0.99	0.83	0.45	0.56
Net Debt	0.34	0.78	0.68	0.7	0.62	-0.11	0.42		0.75	0.12	0.31	0.72	0.62	-0.08	0.46	0.49	-0.04	0.97	0.54	0.72	0.28	0.53	0.52	0.82	1.0	0.79
Retained Earnings	0.81	0.99	0.77	0.73	0.97	0.21	0.84	0.75		0.54	0.79	0.59	0.61	0.33	0.76	0.91	-0.5	0.88	0.89	0.64	0.38	0.92	0.88	0.98	0.77	0.86
Accounts Payable	0.71	0.47	0.28	0.15	0.55	0.41	0.51	0.12	0.54		0.54	0.04	0.12	0.35	0.21	0.51	-0.79	0.26	0.64	0.08	0.44	0.51	0.48	0.43	0.13	0.31
Cash	0.8	0.79	0.6	0.48	0.87	0.3	0.87	0.31	0.79	0.54		0.28	0.4	0.61	0.73	0.88	-0.61	0.53	0.82	0.36	0.53	0.87	0.84	0.74	0.37	0.55
Non Current Assets Total	0.24	0.66	0.66	0.96	0.57	0.23	0.46	0.72	0.59	0.04	0.28		0.96	0.14	0.23	0.57	0.18	0.72	0.53	1.0	-0.1	0.6	0.58	0.68	0.75	0.53
Non Currrent Assets Other	0.3	0.68	0.7	0.96	0.64	0.29	0.55	0.62	0.61	0.12	0.4	0.96		0.25	0.23	0.67	0.05	0.65	0.62	0.97	-0.04	0.7	0.66	0.69	0.66	0.49
Cash And Short Term Investments	0.55	0.32	0.29	0.35	0.43	0.65	0.47	-0.08	0.33	0.35	0.61	0.14	0.25		0.2	0.48	-0.42	0.09	0.44	0.2	0.43	0.47	0.43	0.22	-0.02	0.01
Net Receivables	0.64	0.73	0.36	0.38	0.74	-0.14	0.65	0.46	0.76	0.21	0.73	0.23	0.23	0.2		0.7	-0.32	0.61	0.56	0.28	0.14	0.68	0.64	0.73	0.49	0.66
Common Stock Total Equity	0.81	0.92	0.78	0.74	0.98	0.36	0.96	0.49	0.91	0.51	0.88	0.57	0.67	0.48	0.7		-0.52	0.67	0.93	0.63	0.3	1.0	0.97	0.89	0.53	0.67
Other Stockholder Equity	-0.68	-0.45	-0.23	0.02	-0.55	-0.31	-0.6	-0.04	-0.5	-0.79	-0.61	0.18	0.05	-0.42	-0.32	-0.52		-0.2	-0.7	0.12	-0.62	-0.52	-0.53	-0.39	-0.04	-0.21
Total Liab	0.53	0.91	0.76	0.75	0.78	0.01	0.61	0.97	0.88	0.26	0.53	0.72	0.65	0.09	0.61	0.67	-0.2		0.7	0.74	0.36	0.7	0.69	0.93	0.98	0.85
Property Plant And Equipment Gross	0.82	0.9	0.76	0.67	0.94	0.39	0.94	0.54	0.89	0.64	0.82	0.53	0.62	0.44	0.56	0.93	-0.7	0.7		0.58	0.44	0.94	0.96	0.87	0.57	0.61
Total Current Assets	0.3	0.7	0.69	0.97	0.63	0.25	0.51	0.72	0.64	0.08	0.36	1.0	0.97	0.2	0.28	0.63	0.12	0.74	0.58		-0.05	0.65	0.63	0.72	0.76	0.55
Intangible Assets	0.42	0.4	0.42	0.0	0.38	0.18	0.35	0.28	0.38	0.44	0.53	-0.1	-0.04	0.43	0.14	0.3	-0.62	0.36	0.44	-0.05		0.32	0.32	0.34	0.29	0.28
Common Stock	0.81	0.93	0.81	0.76	0.98	0.36	0.96	0.53	0.92	0.51	0.87	0.6	0.7	0.47	0.68	1.0	-0.52	0.7	0.94	0.65	0.32		0.97	0.91	0.57	0.68
Property Plant Equipment	0.8	0.91	0.81	0.73	0.95	0.37	0.99	0.52	0.88	0.48	0.84	0.58	0.66	0.43	0.64	0.97	-0.53	0.69	0.96	0.63	0.32	0.97		0.88	0.56	0.62
Other Assets	0.72	0.99	0.82	0.77	0.95	0.13	0.83	0.82	0.98	0.43	0.74	0.68	0.69	0.22	0.73	0.89	-0.39	0.93	0.87	0.72	0.34	0.91	0.88		0.84	0.87
Non Current Liabilities Total	0.37	0.81	0.7	0.74	0.65	-0.08	0.45	1.0	0.77	0.13	0.37	0.75	0.66	-0.02	0.49	0.53	-0.04	0.98	0.57	0.76	0.29	0.57	0.56	0.84		0.81
Inventory	0.59	0.84	0.7	0.6	0.77	0.09	0.56	0.79	0.86	0.31	0.55	0.53	0.49	0.01	0.66	0.67	-0.21	0.85	0.61	0.55	0.28	0.68	0.62	0.87	0.81

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Credit Corp Account Relationship Matchups

Credit Corp fundamental ratios Accounts

	2019	2020	2021	2022	2023	2024 (projected)
Common Stock Shares Outstanding	49.8M	60.7M	67.8M	68.9M	68.9M	49.7M
Total Assets	722.7M	781.3M	974.6M	1.2B	1.3B	1.4B
Other Current Liab	49.8M	(2.5M)	42.7M	62.6M	64.4M	67.7M
Total Current Liabilities	26.3M	19.8M	23.4M	22.9M	79.7M	83.6M
Total Stockholder Equity	594.2M	667.1M	740.6M	817.4M	825.7M	867.0M
Other Liab	2.6M	17.5M	19.4M	17.9M	20.6M	12.8M
Property Plant And Equipment Net	34.4M	28.3M	34.3M	31.5M	30.0M	31.5M
Net Debt	3.4M	(27.4M)	134.3M	282.9M	377.0M	395.9M
Retained Earnings	231.5M	295.4M	346.1M	397.3M	405.8M	426.1M
Accounts Payable	1.4M	8.1M	7.5M	7.8M	4.7M	3.0M
Cash	48.7M	55.7M	23.7M	58.8M	34.8M	36.6M
Non Current Assets Total	35.2M	29.1M	35.1M	46.3M	836.2M	878.0M
Non Currrent Assets Other	3.1M	9.2M	10.7M	11.3M	711.5M	747.1M
Cash And Short Term Investments	48.7M	55.7M	23.7M	58.8M	34.8M	27.2M
Net Receivables	533.5M	579.7M	373.7M	411.5M	440.5M	462.6M
Other Stockholder Equity	13.3M	1.0	(642.1M)	(707.3M)	(772.4M)	1.05
Total Liab	128.4M	114.2M	234.0M	431.4M	498.7M	523.6M
Property Plant And Equipment Gross	34.4M	60.5M	74.1M	76.5M	67.3M	70.7M
Total Current Assets	48.7M	61.7M	29.7M	65.8M	488.1M	512.5M
Intangible Assets	315K	222K	800K	14.8M	288K	273.6K
Property Plant Equipment	32.4M	27.0M	33.5M	31.5M	36.3M	38.1M
Other Assets	638.8M	690.5M	909.8M	1.1B	1.3B	1.4B
Liabilities And Stockholders Equity	722.7M	781.3M	974.6M	1.2B	1.3B	1.4B
Non Current Liabilities Total	22.4M	3.6M	128.6M	314.2M	419.0M	439.9M
Inventory	448K	396K	622K	796K	922K	875.9K
Other Current Assets	(582.6M)	(635.8M)	(795.3M)	(1.0B)	(1.0B)	(959.0M)
Accumulated Other Comprehensive Income	16.0M	25.0M	33.3M	45.0M	44.7M	46.9M
Short Long Term Debt Total	52.1M	28.3M	158.0M	341.7M	411.9M	432.5M
Short Term Debt	15.3M	14.1M	15.8M	13.8M	10.6M	10.0M
Long Term Debt	22.4M	3.6M	128.6M	314.2M	384.6M	403.8M
Net Tangible Assets	462.6M	591.4M	664.9M	739.1M	849.9M	432.7M
Long Term Debt Total	44.4M	21.2M	150.1M	334.8M	385.0M	404.2M
Net Invested Capital	616.6M	670.7M	869.2M	1.1B	1.2B	835.5M

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