Grid Free Cash Flow Per Share vs Cash Conversion Cycle Analysis
| GDYN Stock | USD 18.90 0.64 3.50% |
Grid Dynamics financial indicator trend analysis is much more than just examining Grid Dynamics Holdings latest accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Grid Dynamics Holdings is a good investment. Please check the relationship between Grid Dynamics Free Cash Flow Per Share and its Cash Conversion Cycle accounts. Check out Risk vs Return Analysis to better understand how to build diversified portfolios, which includes a position in Grid Dynamics Holdings. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in manufacturing.
Free Cash Flow Per Share vs Cash Conversion Cycle
Free Cash Flow Per Share vs Cash Conversion Cycle Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Grid Dynamics Holdings Free Cash Flow Per Share account and Cash Conversion Cycle. At this time, the significance of the direction appears to have no relationship.
The correlation between Grid Dynamics' Free Cash Flow Per Share and Cash Conversion Cycle is 0.05. Overlapping area represents the amount of variation of Free Cash Flow Per Share that can explain the historical movement of Cash Conversion Cycle in the same time period over historical financial statements of Grid Dynamics Holdings, assuming nothing else is changed. The correlation between historical values of Grid Dynamics' Free Cash Flow Per Share and Cash Conversion Cycle 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 Per Share of Grid Dynamics Holdings are associated (or correlated) with its Cash Conversion Cycle. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Cash Conversion Cycle has no effect on the direction of Free Cash Flow Per Share i.e., Grid Dynamics' Free Cash Flow Per Share and Cash Conversion Cycle go up and down completely randomly.
Correlation Coefficient | 0.05 |
| Relationship Direction | Positive |
| Relationship Strength | Insignificant |
Free Cash Flow Per Share
The amount of cash a company generates after accounting for capital expenditures, divided by the number of outstanding shares. It represents the cash available for dividends, share buybacks, or debt repayment per share.Cash Conversion Cycle
Most indicators from Grid Dynamics' fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Grid Dynamics Holdings 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 Risk vs Return Analysis to better understand how to build diversified portfolios, which includes a position in Grid Dynamics Holdings. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in manufacturing. As of the 26th of November 2024, Tax Provision is likely to grow to about 10 M, while Selling General Administrative is likely to drop about 53.4 M.
| 2021 | 2022 | 2023 | 2024 (projected) | Gross Profit | 87.7M | 120.6M | 113.1M | 75.5M | Total Revenue | 211.3M | 310.5M | 312.9M | 192.8M |
Grid Dynamics fundamental ratios Correlations
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Grid Dynamics Account Relationship Matchups
High Positive Relationship
High Negative Relationship
Grid Dynamics fundamental ratios Accounts
| 2019 | 2020 | 2021 | 2022 | 2023 | 2024 (projected) | ||
| Total Assets | 71.5M | 167.1M | 256.7M | 411.1M | 435.2M | 222.3M | |
| Other Current Liab | 786K | 11.3M | 21.3M | 20.5M | 8.6M | 10.6M | |
| Total Current Liabilities | 8.3M | 13.3M | 25.3M | 38.7M | 42.2M | 22.5M | |
| Total Stockholder Equity | 54.0M | 151.7M | 227.1M | 363.0M | 382.9M | 194.3M | |
| Net Tangible Assets | 52.9M | 128.9M | 172.0M | 295.7M | 340.0M | 357.0M | |
| Retained Earnings | 35.4M | 22.8M | 15.1M | (14.1M) | (15.9M) | (15.1M) | |
| Accounts Payable | 768K | 757K | 2.1M | 3.9M | 3.6M | 1.9M | |
| Cash | 42.2M | 112.7M | 144.4M | 256.7M | 257.2M | 132.2M | |
| Other Assets | 1.5M | 5.6M | 2.7M | 5.2M | 6.0M | 3.0M | |
| Net Receivables | 18.9M | 18.7M | 43.3M | 53.9M | 53.6M | 34.3M | |
| Good Will | 0.0 | 14.7M | 36.0M | 45.5M | 53.9M | 56.6M | |
| Common Stock Shares Outstanding | 21.1M | 44.7M | 58.7M | 69.2M | 75.2M | 58.2M | |
| Other Current Assets | 2.7M | 3.2M | 5.1M | 12.4M | 17.2M | 18.1M | |
| Total Liab | 17.5M | 15.4M | 29.7M | 48.1M | 52.3M | 28.0M | |
| Total Current Assets | 66.0M | 134.6M | 192.8M | 323.1M | 324.0M | 173.9M | |
| Intangible Assets | 18K | 8.1M | 19.1M | 20.4M | 26.5M | 27.9M | |
| Property Plant Equipment | 2.9M | 4.1M | 6.2M | 14.4M | 16.6M | 17.4M | |
| Property Plant And Equipment Net | 4.0M | 4.1M | 6.2M | 15.9M | 21.8M | 22.9M | |
| Current Deferred Revenue | 242K | 731K | 798K | 1.9M | 12.7M | 13.3M | |
| Net Debt | (42.2M) | (112.7M) | (144.4M) | (248.6M) | (246.2M) | (233.9M) | |
| Non Current Assets Total | 5.5M | 32.5M | 64.0M | 88.0M | 111.2M | 56.0M | |
| Cash And Short Term Investments | 42.2M | 112.7M | 144.4M | 256.7M | 257.2M | 152.4M | |
| Liabilities And Stockholders Equity | 71.5M | 167.1M | 256.7M | 411.1M | 435.2M | 253.6M | |
| Non Current Liabilities Total | 9.2M | 2.1M | 4.3M | 9.4M | 10.0M | 6.4M | |
| Inventory | 2.2M | 821K | 584K | 4.3M | (4.0M) | (3.8M) | |
| Other Stockholder Equity | 10.5M | 128.9M | 212.1M | 378.0M | 397.5M | 208.7M | |
| Net Invested Capital | 54.0M | 151.7M | 227.1M | 363.0M | 382.9M | 222.2M | |
| Property Plant And Equipment Gross | 4.0M | 2.8M | 17.9M | 15.9M | 29.2M | 30.6M | |
| Accumulated Other Comprehensive Income | (9.2M) | (4K) | (126K) | (848K) | 1.3M | 1.3M | |
| Net Working Capital | 57.7M | 121.3M | 167.4M | 284.4M | 281.8M | 172.6M | |
| Short Term Debt | 6.5M | 8.6M | 12.9M | 2.5M | 8.5M | 8.4M |
Check out Risk vs Return Analysis to better understand how to build diversified portfolios, which includes a position in Grid Dynamics Holdings. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in manufacturing. You can also try the Competition Analyzer module to analyze and compare many basic indicators for a group of related or unrelated entities.
Is Internet Services & Infrastructure space expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of Grid Dynamics. If investors know Grid will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about Grid Dynamics listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Quarterly Earnings Growth 4.582 | Earnings Share 0.03 | Revenue Per Share 4.304 | Quarterly Revenue Growth 0.129 | Return On Assets (0.0004) |
The market value of Grid Dynamics Holdings is measured differently than its book value, which is the value of Grid that is recorded on the company's balance sheet. Investors also form their own opinion of Grid Dynamics' value that differs from its market value or its book value, called intrinsic value, which is Grid Dynamics' true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because Grid Dynamics' market value can be influenced by many factors that don't directly affect Grid Dynamics' underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between Grid Dynamics' value and its price as these two are different measures arrived at by different means. Investors typically determine if Grid Dynamics is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Grid Dynamics' price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.