Shift4 Net Borrowings vs Free Cash Flow Analysis

FOUR Stock

USD 111.70 3.25 2.83%

Shift4 Payments financial indicator trend analysis is much more than just breaking down Shift4 Payments prevalent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Shift4 Payments is a good investment. Please check the relationship between Shift4 Payments Net Borrowings and its Free Cash Flow accounts. Check out Investing Opportunities to better understand how to build diversified portfolios, which includes a position in Shift4 Payments. 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.

To learn how to invest in Shift4 Stock, please use our How to Invest in Shift4 Payments guide.

Net Borrowings vs Free Cash Flow

Net Borrowings vs Free Cash Flow Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Shift4 Payments Net Borrowings account and Free Cash Flow. At this time, the significance of the direction appears to have weak relationship.

The correlation between Shift4 Payments' Net Borrowings and Free Cash Flow is 0.39. Overlapping area represents the amount of variation of Net Borrowings that can explain the historical movement of Free Cash Flow in the same time period over historical financial statements of Shift4 Payments, assuming nothing else is changed. The correlation between historical values of Shift4 Payments' Net Borrowings 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 Net Borrowings of Shift4 Payments 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 Net Borrowings i.e., Shift4 Payments' Net Borrowings and Free Cash Flow go up and down completely randomly.

Correlation Coefficient

0.39

Relationship Direction	Positive
Relationship Strength	Very Weak

View All Relationships

Net Borrowings

The difference between the amount of new debt a company has taken on and the amount of debt it has paid off during a given 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 Shift4 Payments' fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Shift4 Payments 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 Investing Opportunities to better understand how to build diversified portfolios, which includes a position in Shift4 Payments. 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.

To learn how to invest in Shift4 Stock, please use our How to Invest in Shift4 Payments guide.At this time, Shift4 Payments' Sales General And Administrative To Revenue is relatively stable compared to the past year. As of 11/28/2024, Enterprise Value is likely to grow to about 6 B, while Tax Provision is likely to drop (1.9 M).

	2021	2022	2023	2024 (projected)
Depreciation And Amortization	104.4M	149.1M	214.6M	125.8M
Interest Income	28M	6.6M	31.9M	27.4M

Depreciation And Amortization Interest Income

Shift4 Payments fundamental ratios Correlations

	Total Assets	Short Long Term Debt Total	Other Current Liab	Total Current Liabilities	Total Stockholder Equity	Other Liab	Net Tangible Assets	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 Total Equity	Common Stock Shares Outstanding	Long Term Debt Total	Non Current Liabilities Total	Capital Surpluse	Inventory
Total Assets		0.97	0.66	0.77	0.89	0.75	-0.46	0.78	0.99	0.62	-0.94	0.97	0.79	0.9	0.81	-0.53	0.97	0.79	0.98	0.93	-0.53	0.82	0.98	0.97	0.95	-0.56
Short Long Term Debt Total	0.97		0.56	0.69	0.81	0.69	-0.46	0.88	0.98	0.57	-0.96	0.94	0.85	0.82	0.75	-0.54	1.0	0.85	0.98	0.84	-0.47	0.88	0.99	1.0	0.92	-0.49
Other Current Liab	0.66	0.56		0.98	0.81	0.86	-0.65	0.24	0.66	0.66	-0.63	0.69	0.26	0.76	0.9	-0.7	0.56	0.26	0.65	0.79	-0.95	0.45	0.57	0.57	0.51	-0.31
Total Current Liabilities	0.77	0.69	0.98		0.87	0.91	-0.7	0.41	0.77	0.71	-0.74	0.79	0.39	0.83	0.95	-0.75	0.69	0.39	0.76	0.85	-0.93	0.6	0.69	0.7	0.62	-0.35
Total Stockholder Equity	0.89	0.81	0.81	0.87		0.8	-0.4	0.61	0.83	0.43	-0.9	0.8	0.71	0.79	0.86	-0.44	0.81	0.71	0.81	0.83	-0.78	0.67	0.81	0.81	0.89	-0.7
Other Liab	0.75	0.69	0.86	0.91	0.8		-0.86	0.54	0.77	0.79	-0.74	0.83	0.34	0.88	0.99	-0.85	0.69	0.34	0.73	0.85	-0.8	0.78	0.69	0.71	0.62	-0.24
Net Tangible Assets	-0.46	-0.46	-0.65	-0.7	-0.4	-0.86		-0.39	-0.55	-0.88	0.44	-0.65	0.0	-0.7	-0.81	0.98	-0.46	0.0	-0.52	-0.63	0.59	-0.67	-0.46	-0.48	-0.24	-0.21
Property Plant And Equipment Net	0.78	0.88	0.24	0.41	0.61	0.54	-0.39		0.79	0.34	-0.84	0.75	0.85	0.57	0.57	-0.42	0.88	0.85	0.78	0.56	-0.24	0.9	0.84	0.88	0.79	-0.45
Current Deferred Revenue	0.99	0.98	0.66	0.77	0.83	0.77	-0.55	0.79		0.7	-0.92	0.99	0.74	0.92	0.82	-0.63	0.98	0.74	0.99	0.93	-0.53	0.85	0.99	0.98	0.89	-0.45
Net Debt	0.62	0.57	0.66	0.71	0.43	0.79	-0.88	0.34	0.7		-0.46	0.79	0.05	0.86	0.76	-0.91	0.56	0.05	0.68	0.82	-0.47	0.61	0.62	0.59	0.37	0.11
Retained Earnings	-0.94	-0.96	-0.63	-0.74	-0.9	-0.74	0.44	-0.84	-0.92	-0.46		-0.89	-0.87	-0.77	-0.8	0.49	-0.96	-0.87	-0.92	-0.8	0.59	-0.88	-0.93	-0.95	-0.93	0.51
Accounts Payable	0.97	0.94	0.69	0.79	0.8	0.83	-0.65	0.75	0.99	0.79	-0.89		0.65	0.96	0.86	-0.71	0.94	0.65	0.97	0.96	-0.53	0.87	0.96	0.95	0.85	-0.36
Cash	0.79	0.85	0.26	0.39	0.71	0.34	0.0	0.85	0.74	0.05	-0.87	0.65		0.45	0.43	-0.08	0.86	1.0	0.76	0.5	-0.27	0.68	0.81	0.84	0.88	-0.67
Non Current Assets Total	0.9	0.82	0.76	0.83	0.79	0.88	-0.7	0.57	0.92	0.86	-0.77	0.96	0.45		0.89	-0.73	0.82	0.45	0.88	0.99	-0.57	0.76	0.86	0.83	0.77	-0.34
Non Currrent Assets Other	0.81	0.75	0.9	0.95	0.86	0.99	-0.81	0.57	0.82	0.76	-0.8	0.86	0.43	0.89		-0.82	0.75	0.43	0.79	0.88	-0.84	0.78	0.75	0.76	0.68	-0.33
Other Assets	-0.53	-0.54	-0.7	-0.75	-0.44	-0.85	0.98	-0.42	-0.63	-0.91	0.49	-0.71	-0.08	-0.73	-0.82		-0.54	-0.08	-0.62	-0.68	0.63	-0.67	-0.54	-0.56	-0.28	-0.17
Long Term Debt	0.97	1.0	0.56	0.69	0.81	0.69	-0.46	0.88	0.98	0.56	-0.96	0.94	0.86	0.82	0.75	-0.54		0.86	0.98	0.84	-0.47	0.88	0.99	1.0	0.92	-0.5
Cash And Short Term Investments	0.79	0.85	0.26	0.39	0.71	0.34	0.0	0.85	0.74	0.05	-0.87	0.65	1.0	0.45	0.43	-0.08	0.86		0.76	0.5	-0.27	0.68	0.81	0.84	0.88	-0.67
Net Receivables	0.98	0.98	0.65	0.76	0.81	0.73	-0.52	0.78	0.99	0.68	-0.92	0.97	0.76	0.88	0.79	-0.62	0.98	0.76		0.91	-0.52	0.83	0.99	0.98	0.88	-0.41
Good Will	0.93	0.84	0.79	0.85	0.83	0.85	-0.63	0.56	0.93	0.82	-0.8	0.96	0.5	0.99	0.88	-0.68	0.84	0.5	0.91		-0.61	0.73	0.88	0.85	0.81	-0.39
Common Stock Total Equity	-0.53	-0.47	-0.95	-0.93	-0.78	-0.8	0.59	-0.24	-0.53	-0.47	0.59	-0.53	-0.27	-0.57	-0.84	0.63	-0.47	-0.27	-0.52	-0.61		-0.39	-0.44	-0.47	-0.42	0.32
Common Stock Shares Outstanding	0.82	0.88	0.45	0.6	0.67	0.78	-0.67	0.9	0.85	0.61	-0.88	0.87	0.68	0.76	0.78	-0.67	0.88	0.68	0.83	0.73	-0.39		0.85	0.89	0.77	-0.24
Long Term Debt Total	0.98	0.99	0.57	0.69	0.81	0.69	-0.46	0.84	0.99	0.62	-0.93	0.96	0.81	0.86	0.75	-0.54	0.99	0.81	0.99	0.88	-0.44	0.85		0.99	0.92	-0.49
Non Current Liabilities Total	0.97	1.0	0.57	0.7	0.81	0.71	-0.48	0.88	0.98	0.59	-0.95	0.95	0.84	0.83	0.76	-0.56	1.0	0.84	0.98	0.85	-0.47	0.89	0.99		0.91	-0.48
Capital Surpluse	0.95	0.92	0.51	0.62	0.89	0.62	-0.24	0.79	0.89	0.37	-0.93	0.85	0.88	0.77	0.68	-0.28	0.92	0.88	0.88	0.81	-0.42	0.77	0.92	0.91		-0.7
Inventory	-0.56	-0.49	-0.31	-0.35	-0.7	-0.24	-0.21	-0.45	-0.45	0.11	0.51	-0.36	-0.67	-0.34	-0.33	-0.17	-0.5	-0.67	-0.41	-0.39	0.32	-0.24	-0.49	-0.48	-0.7

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Shift4 Payments Account Relationship Matchups

Shift4 Payments fundamental ratios Accounts

	2019	2020	2021	2022	2023	2024 (projected)
Total Assets	788M	1.8B	2.3B	2.6B	3.4B	2.1B
Short Long Term Debt Total	640.4M	1.0B	1.8B	1.8B	1.8B	1.4B
Other Current Liab	60.9M	28.7M	42.9M	70.3M	471.4M	495.0M
Total Current Liabilities	129.9M	99.4M	183.8M	268.3M	704.4M	739.6M
Total Stockholder Equity	(28.9M)	459.6M	272.8M	347.3M	653.3M	686.0M
Other Liab	8.9M	4.5M	2.7M	45.1M	51.9M	54.5M
Net Tangible Assets	(663.4M)	(203.7M)	(453.4M)	(998.4M)	(898.6M)	(943.5M)
Property Plant And Equipment Net	15.4M	51.7M	95.3M	122.5M	51.4M	66.5M
Current Deferred Revenue	5.6M	7.8M	15M	16.3M	20.6M	12.8M
Net Debt	636.7M	78.5M	529.7M	988.8M	1.3B	752.4M
Retained Earnings	(178.4M)	(278.7M)	(325.3M)	(363.6M)	(346.7M)	(364.0M)
Accounts Payable	58.1M	60.6M	121.1M	166.7M	204.6M	120.1M
Cash	3.7M	927.8M	1.2B	776.5M	455M	623.2M
Non Current Assets Total	681.6M	745.8M	889M	1.6B	2.2B	1.2B
Non Currrent Assets Other	25.1M	30.8M	37M	339.2M	460.8M	483.8M
Other Assets	31.7M	68M	37M	10.9M	9.8M	9.3M
Long Term Debt	635.1M	1.0B	1.7B	1.7B	1.8B	1.4B
Cash And Short Term Investments	3.7M	927.8M	1.2B	776.5M	455M	623.2M
Net Receivables	85.9M	94.2M	208.2M	195M	256.8M	164.3M
Good Will	421.3M	477M	537.7M	735M	1.1B	673.6M
Common Stock Shares Outstanding	45.9M	45.0M	54.9M	82.8M	59.0M	59.9M
Long Term Debt Total	635.1M	1.0B	1.7B	1.7B	2.0B	1.2B
Liabilities And Stockholders Equity	788M	1.8B	2.3B	2.6B	3.4B	2.1B
Non Current Liabilities Total	687M	1.0B	1.8B	1.8B	1.8B	1.4B
Capital Surpluse	149.2M	738.3M	619.2M	702.6M	808.0M	520.0M
Inventory	8.5M	1.5M	3.5M	4.8M	3.4M	3.6M
Other Current Assets	200K	10M	300K	13.5M	438.1M	460.0M
Other Stockholder Equity	149.2M	738.3M	598.1M	702.6M	985.9M	615.4M
Total Liab	816.9M	1.1B	1.9B	2.1B	2.5B	1.7B
Deferred Long Term Liab	26.4M	30.2M	35.1M	36.1M	41.5M	36.0M
Net Invested Capital	611.5M	1.5B	2.0B	2.1B	2.4B	1.7B
Property Plant And Equipment Gross	15.4M	51.7M	128.1M	173.5M	262.2M	275.3M
Total Current Assets	106.4M	1.0B	1.5B	991.7M	1.2B	881.6M
Non Current Liabilities Other	4.8M	1.7M	2.4M	26.5M	17.3M	10.3M
Net Working Capital	(23.5M)	934.1M	1.3B	723.4M	448.9M	609.6M
Intangible Assets	213.2M	186.3M	188.5M	306.8M	548.8M	307.0M

Pair Trading with Shift4 Payments

One of the main advantages of trading using pair correlations is that every trade hedges away some risk. Because there are two separate transactions required, even if Shift4 Payments position performs unexpectedly, the other equity can make up some of the losses. Pair trading also minimizes risk from directional movements in the market. For example, if an entire industry or sector drops because of unexpected headlines, the short position in Shift4 Payments will appreciate offsetting losses from the drop in the long position's value.

Moving together with Shift4 Stock

0.82	NL	NL Industries	Pair Corr
0.83	WM	Waste Management	Pair Corr

Moving against Shift4 Stock

0.7	HDSN	Hudson Technologies	Pair Corr
0.63	BLMZ	BloomZ Ordinary Shares	Pair Corr
0.6	BCO	Brinks Company	Pair Corr
0.58	CDTG	CDT Environmental	Pair Corr
0.49	MG	Mistras Group	Pair Corr

The ability to find closely correlated positions to Shift4 Payments could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Shift4 Payments when you sell it. If you don't do this, your portfolio allocation will be skewed against your target asset allocation. So, investors can't just sell and buy back Shift4 Payments - that would be a violation of the tax code under the "wash sale" rule, and this is why you need to find a similar enough asset and use the proceeds from selling Shift4 Payments to buy it.

The correlation of Shift4 Payments is a statistical measure of how it moves in relation to other instruments. This measure is expressed in what is known as the correlation coefficient, which ranges between -1 and +1. A perfect positive correlation (i.e., a correlation coefficient of +1) implies that as Shift4 Payments moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Shift4 Payments moves in either direction, the perfectly negatively correlated security will move in the opposite direction. If the correlation is 0, the equities are not correlated; they are entirely random. A correlation greater than 0.8 is generally described as strong, whereas a correlation less than 0.5 is generally considered weak.

Correlation analysis and pair trading evaluation for Shift4 Payments can also be used as hedging techniques within a particular sector or industry or even over random equities to generate a better risk-adjusted return on your portfolios.

Pair Correlation Correlation Matching

Additional Tools for Shift4 Stock Analysis

When running Shift4 Payments' price analysis, check to measure Shift4 Payments' market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy Shift4 Payments is operating at the current time. Most of Shift4 Payments' value examination focuses on studying past and present price action to predict the probability of Shift4 Payments' future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Shift4 Payments' price. Additionally, you may evaluate how the addition of Shift4 Payments to your portfolios can decrease your overall portfolio volatility.

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