Hisar Change To Account Receivables vs Free Cash Flow Analysis

HISARMETAL

200.68 10.92 5.75%

Hisar Metal financial indicator trend analysis is much more than just examining Hisar Metal Industries latest accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Hisar Metal Industries is a good investment. Please check the relationship between Hisar Metal Change To Account Receivables and its Free Cash Flow accounts. Check out Risk vs Return Analysis to better understand how to build diversified portfolios, which includes a position in Hisar Metal Industries. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in metropolitan statistical area.

Change To Account Receivables vs Free Cash Flow

Change To Account Receivables vs Free Cash Flow Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Hisar Metal Industries Change To Account Receivables account and Free Cash Flow. At this time, the significance of the direction appears to have very week relationship.

The correlation between Hisar Metal's Change To Account Receivables and Free Cash Flow is 0.26. Overlapping area represents the amount of variation of Change To Account Receivables that can explain the historical movement of Free Cash Flow in the same time period over historical financial statements of Hisar Metal Industries, assuming nothing else is changed. The correlation between historical values of Hisar Metal's Change To Account Receivables 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 Account Receivables of Hisar Metal Industries 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 Account Receivables i.e., Hisar Metal's Change To Account Receivables and Free Cash Flow go up and down completely randomly.

Correlation Coefficient

0.26

Relationship Direction	Positive
Relationship Strength	Very Weak

View All Relationships

Change To Account Receivables

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

The current year's Tax Provision is expected to grow to about 26.6 M, whereas Selling General Administrative is forecasted to decline to about 10.6 M.

	2022	2023	2024	2025 (projected)
Interest Expense	55.3M	63.8M	57.4M	44.6M
Depreciation And Amortization	21.7M	22.8M	26.2M	22.8M

Interest Expense Depreciation And Amortization

Hisar Metal fundamental ratios Correlations

	Common Stock Shares Outstanding	Total Assets	Short Long Term Debt Total	Other Current Liab	Total Current Liabilities	Total Stockholder Equity	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	Non Current Liabilities Total	Inventory	Other Current Assets	Other Stockholder Equity	Total Liab	Total Current Assets	Common Stock	Short Term Debt	Current Deferred Revenue	Intangible Assets	Good Will
Common Stock Shares Outstanding		0.77	0.68	0.54	0.54	0.7	0.64	0.7	0.75	0.53	-0.51	0.68	0.44	-0.41	-0.02	0.29	0.76	0.51	0.33	0.72	0.76	1.0	0.35	0.0	-0.75	-0.83
Total Assets	0.77		0.88	0.68	0.81	0.83	0.81	0.91	0.84	0.72	-0.72	0.87	0.46	-0.59	0.3	0.15	0.86	0.45	0.51	0.96	1.0	0.77	0.63	0.06	-0.55	-0.56
Short Long Term Debt Total	0.68	0.88		0.57	0.86	0.7	0.8	0.99	0.71	0.43	-0.54	0.85	0.23	-0.47	0.3	-0.17	0.72	0.39	0.51	0.89	0.86	0.68	0.89	0.18	-0.64	-0.53
Other Current Liab	0.54	0.68	0.57		0.39	0.87	0.67	0.57	0.84	0.45	-0.5	0.69	0.25	-0.47	0.15	0.34	0.78	0.45	0.79	0.63	0.66	0.51	0.41	0.18	-0.33	-0.29
Total Current Liabilities	0.54	0.81	0.86	0.39		0.53	0.55	0.86	0.56	0.69	-0.52	0.62	0.33	-0.48	0.45	-0.41	0.67	0.21	0.34	0.92	0.82	0.54	0.82	0.01	-0.51	-0.41
Total Stockholder Equity	0.7	0.83	0.7	0.87	0.53		0.75	0.73	0.98	0.51	-0.77	0.79	0.43	-0.61	0.1	0.27	0.94	0.57	0.72	0.74	0.82	0.68	0.47	0.18	-0.5	-0.54
Property Plant And Equipment Net	0.64	0.81	0.8	0.67	0.55	0.75		0.8	0.78	0.4	-0.49	0.99	-0.03	-0.4	0.41	0.26	0.67	0.19	0.7	0.75	0.78	0.63	0.61	0.43	-0.43	-0.47
Net Debt	0.7	0.91	0.99	0.57	0.86	0.73	0.8		0.75	0.48	-0.63	0.85	0.29	-0.55	0.27	-0.12	0.76	0.44	0.5	0.91	0.9	0.7	0.85	0.15	-0.63	-0.54
Retained Earnings	0.75	0.84	0.71	0.84	0.56	0.98	0.78	0.75		0.56	-0.78	0.81	0.38	-0.64	0.14	0.28	0.96	0.51	0.72	0.77	0.83	0.73	0.46	0.24	-0.55	-0.6
Accounts Payable	0.53	0.72	0.43	0.45	0.69	0.51	0.4	0.48	0.56		-0.57	0.43	0.45	-0.55	0.37	0.12	0.7	0.14	0.29	0.8	0.74	0.53	0.22	-0.15	-0.3	-0.35
Cash	-0.51	-0.72	-0.54	-0.5	-0.52	-0.77	-0.49	-0.63	-0.78	-0.57		-0.52	-0.54	0.85	0.05	-0.19	-0.82	-0.6	-0.4	-0.66	-0.74	-0.5	-0.28	-0.03	0.35	0.41
Non Current Assets Total	0.68	0.87	0.85	0.69	0.62	0.79	0.99	0.85	0.81	0.43	-0.52		0.08	-0.4	0.38	0.21	0.72	0.27	0.69	0.8	0.84	0.68	0.66	0.37	-0.46	-0.51
Non Currrent Assets Other	0.44	0.46	0.23	0.25	0.33	0.43	-0.03	0.29	0.38	0.45	-0.54	0.08		-0.24	-0.19	0.09	0.49	0.53	-0.23	0.38	0.5	0.44	0.03	-0.49	-0.41	-0.43
Cash And Short Term Investments	-0.41	-0.59	-0.47	-0.47	-0.48	-0.61	-0.4	-0.55	-0.64	-0.55	0.85	-0.4	-0.24		0.18	-0.13	-0.73	-0.63	-0.52	-0.61	-0.6	-0.4	-0.27	0.02	0.25	0.31
Net Receivables	-0.02	0.3	0.3	0.15	0.45	0.1	0.41	0.27	0.14	0.37	0.05	0.38	-0.19	0.18		-0.2	0.1	-0.67	0.23	0.4	0.28	-0.01	0.42	0.51	0.06	0.11
Non Current Liabilities Total	0.29	0.15	-0.17	0.34	-0.41	0.27	0.26	-0.12	0.28	0.12	-0.19	0.21	0.09	-0.13	-0.2		0.15	0.22	0.14	-0.04	0.14	0.29	-0.52	0.0	0.01	-0.16
Inventory	0.76	0.86	0.72	0.78	0.67	0.94	0.67	0.76	0.96	0.7	-0.82	0.72	0.49	-0.73	0.1	0.15		0.56	0.64	0.84	0.86	0.74	0.47	0.08	-0.59	-0.62
Other Current Assets	0.51	0.45	0.39	0.45	0.21	0.57	0.19	0.44	0.51	0.14	-0.6	0.27	0.53	-0.63	-0.67	0.22	0.56		0.23	0.34	0.47	0.51	0.16	-0.41	-0.41	-0.43
Other Stockholder Equity	0.33	0.51	0.51	0.79	0.34	0.72	0.7	0.5	0.72	0.29	-0.4	0.69	-0.23	-0.52	0.23	0.14	0.64	0.23		0.51	0.48	0.31	0.47	0.53	-0.04	-0.12
Total Liab	0.72	0.96	0.89	0.63	0.92	0.74	0.75	0.91	0.77	0.8	-0.66	0.8	0.38	-0.61	0.4	-0.04	0.84	0.34	0.51		0.96	0.72	0.71	0.05	-0.55	-0.51
Total Current Assets	0.76	1.0	0.86	0.66	0.82	0.82	0.78	0.9	0.83	0.74	-0.74	0.84	0.5	-0.6	0.28	0.14	0.86	0.47	0.48	0.96		0.77	0.61	0.01	-0.55	-0.56
Common Stock	1.0	0.77	0.68	0.51	0.54	0.68	0.63	0.7	0.73	0.53	-0.5	0.68	0.44	-0.4	-0.01	0.29	0.74	0.51	0.31	0.72	0.77		0.35	-0.01	-0.74	-0.83
Short Term Debt	0.35	0.63	0.89	0.41	0.82	0.47	0.61	0.85	0.46	0.22	-0.28	0.66	0.03	-0.27	0.42	-0.52	0.47	0.16	0.47	0.71	0.61	0.35		0.25	-0.41	-0.23
Current Deferred Revenue	0.0	0.06	0.18	0.18	0.01	0.18	0.43	0.15	0.24	-0.15	-0.03	0.37	-0.49	0.02	0.51	0.0	0.08	-0.41	0.53	0.05	0.01	-0.01	0.25		0.13	0.08
Intangible Assets	-0.75	-0.55	-0.64	-0.33	-0.51	-0.5	-0.43	-0.63	-0.55	-0.3	0.35	-0.46	-0.41	0.25	0.06	0.01	-0.59	-0.41	-0.04	-0.55	-0.55	-0.74	-0.41	0.13		0.88
Good Will	-0.83	-0.56	-0.53	-0.29	-0.41	-0.54	-0.47	-0.54	-0.6	-0.35	0.41	-0.51	-0.43	0.31	0.11	-0.16	-0.62	-0.43	-0.12	-0.51	-0.56	-0.83	-0.23	0.08	0.88

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Hisar Metal Account Relationship Matchups

Hisar Metal fundamental ratios Accounts

	2020	2021	2022	2023	2024	2025 (projected)
Total Assets	1.4B	1.4B	1.4B	1.7B	2.0B	1.1B
Short Long Term Debt Total	622.6M	646.0M	684.9M	806.3M	927.3M	649.5M
Other Current Liab	31.2M	36.7M	32.4M	42.9M	49.4M	51.8M
Total Current Liabilities	813.5M	704.1M	687.3M	861.2M	990.4M	625.5M
Total Stockholder Equity	323.2M	438.4M	542.5M	601.8M	692.0M	726.6M
Property Plant And Equipment Net	220.0M	189.8M	246.9M	284.9M	327.6M	239.1M
Net Debt	620.9M	644.9M	683.6M	804.9M	925.6M	622.0M
Retained Earnings	238.5M	203.6M	307.7M	367.0M	422.1M	443.2M
Accounts Payable	350.9M	201.5M	146.7M	210.0M	241.5M	144.9M
Cash	1.7M	1.2M	1.3M	1.4M	1.3M	1.2M
Non Current Assets Total	231.4M	214.5M	273.4M	312M	358.8M	253.0M
Non Currrent Assets Other	31.9M	54.1M	47M	12.1M	13.9M	16.3M
Cash And Short Term Investments	1.7M	1.2M	48.3M	1.8M	1.6M	1.6M
Net Receivables	488.4M	(41.3M)	483.3M	500.8M	450.7M	263.9M
Liabilities And Stockholders Equity	1.4B	1.4B	1.4B	1.7B	2.0B	1.1B
Non Current Liabilities Total	224.5M	223.6M	219.8M	234.9M	211.4M	179.3M
Inventory	629.4M	579.8M	548.3M	668.9M	769.3M	807.7M
Other Current Assets	10.4M	570.6M	96.3M	214.3M	246.5M	258.8M
Total Liab	1.0B	927.7M	907.1M	1.1B	1.3B	872.0M
Total Current Assets	1.1B	1.2B	1.2B	1.4B	1.6B	875.1M
Short Term Debt	425.7M	451.3M	502.4M	608.3M	699.5M	524.2M
Current Deferred Revenue	5.7M	(7.4M)	5.8M	8.7M	7.8M	8.2M
Other Liab	27.3M	27.6M	33.2M	37.4M	43.0M	32.3M
Net Tangible Assets	274.5M	323.2M	438.4M	542.5M	623.9M	315.6M
Other Assets	(2.0)	2.0	2K	(1K)	(900.0)	(855.0)
Long Term Debt	196.9M	190.3M	182.5M	198M	227.7M	180.0M
Short Long Term Debt	419M	448.3M	502.4M	608.3M	699.5M	477.2M
Property Plant Equipment	222.3M	220.0M	189.8M	246.9M	284.0M	241.8M
Short Term Investments	31.9M	40.9M	47M	12.1M	10.8M	10.3M
Net Invested Capital	939.1M	1.1B	1.2B	1.4B	1.6B	1.1B
Net Working Capital	316.4M	447.4M	488.9M	524.6M	603.3M	370.9M
Property Plant And Equipment Gross	568.2M	558.0M	246.9M	284.9M	256.4M	353.1M

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Other Information on Investing in Hisar Stock

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

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Hisar Change To Account Receivables vs Free Cash Flow Analysis

Change To Account Receivables vs Free Cash Flow

Change To Account Receivables vs Free Cash Flow Correlation Analysis

Correlation Coefficient

Change To Account Receivables

Free Cash Flow

Hisar Metal fundamental ratios Correlations

Hisar Metal Account Relationship Matchups

High Positive Relationship

High Negative Relationship

Hisar Metal fundamental ratios Accounts

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Other Information on Investing in Hisar Stock

COMMON DESTINATIONS

MAIN CATEGORIES

COMPANY

Common Stock	+ 1.0	Common Stock Shares Outstanding
Total Current Assets	+ 1.0	Total Assets
Net Debt	+ 0.99	Short Long Term Debt Total
Non Current Assets Total	+ 0.99	Property Plant And Equipment Net
Retained Earnings	+ 0.98	Total Stockholder Equity
Total Liab	+ 0.96	Total Assets

Good Will	- 0.83	Common Stock
Good Will	- 0.83	Common Stock Shares Outstanding
Inventory	- 0.82	Cash
Cash	- 0.78	Retained Earnings
Cash	- 0.77	Total Stockholder Equity
Intangible Assets	- 0.75	Common Stock Shares Outstanding