Ideal Free Cash Flow vs Cash Per Share Analysis

IPWR Stock

USD 6.53 0.09 1.36%

Ideal Power financial indicator trend analysis is infinitely more than just investigating Ideal Power recent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Ideal Power is a good investment. Please check the relationship between Ideal Power Free Cash Flow and its Cash Per Share accounts. Check out Risk vs Return Analysis to better understand how to build diversified portfolios, which includes a position in Ideal Power. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in housing.

To learn how to invest in Ideal Stock, please use our How to Invest in Ideal Power guide.

Free Cash Flow vs Cash Per Share

Free Cash Flow vs Cash Per Share Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Ideal Power Free Cash Flow account and Cash Per Share. At this time, the significance of the direction appears to have no relationship.

The correlation between Ideal Power's Free Cash Flow and Cash Per Share is 0.08. Overlapping area represents the amount of variation of Free Cash Flow that can explain the historical movement of Cash Per Share in the same time period over historical financial statements of Ideal Power, assuming nothing else is changed. The correlation between historical values of Ideal Power's Free Cash Flow and Cash Per Share 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 of Ideal Power are associated (or correlated) with its Cash Per Share. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Cash Per Share has no effect on the direction of Free Cash Flow i.e., Ideal Power's Free Cash Flow and Cash Per Share go up and down completely randomly.

Correlation Coefficient

0.08

Relationship Direction	Positive
Relationship Strength	Insignificant

View All Relationships

Free Cash Flow

The amount of cash a company generates after accounting for cash outflows to support operations and maintain its capital assets.

Cash Per Share

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

To learn how to invest in Ideal Stock, please use our How to Invest in Ideal Power guide.At this time, Ideal Power's Sales General And Administrative To Revenue is relatively stable compared to the past year. As of 11/26/2024, Enterprise Value is likely to grow to about 41.8 M, while Selling General Administrative is likely to drop slightly above 3 M.

Ideal Power fundamental ratios Correlations

	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	Other Assets	Long Term Debt	Cash And Short Term Investments	Net Receivables	Common Stock Total Equity	Common Stock Shares Outstanding	Short Term Investments	Non Current Liabilities Total	Inventory	Other Stockholder Equity	Total Liab	Property Plant And Equipment Gross	Total Current Assets	Treasury Stock	Short Term Debt
Total Assets		-0.54	0.19	0.12	1.0	0.5	-0.99	-0.47	0.23	0.99	0.61	-0.06	-0.65	0.99	0.27	0.12	0.53	-0.45	0.05	0.09	0.63	-0.08	0.5	0.99	-0.25	-0.2
Short Long Term Debt Total	-0.54		-0.46	0.17	-0.59	-0.49	0.55	0.66	0.14	-0.47	-0.69	0.2	0.89	-0.47	0.14	-0.29	-0.44	0.28	0.45	-0.08	-0.7	0.64	-0.48	-0.49	0.5	0.68
Other Current Liab	0.19	-0.46		0.64	0.19	0.65	-0.13	-0.02	0.45	0.08	0.44	0.18	-0.55	0.08	0.5	0.87	-0.29	-0.58	-0.53	0.61	0.08	0.04	0.66	0.15	0.15	-0.14
Total Current Liabilities	0.12	0.17	0.64		0.07	0.46	-0.04	0.26	0.85	0.05	0.15	0.25	-0.15	0.05	0.84	0.49	-0.38	-0.71	-0.07	0.54	-0.21	0.67	0.46	0.11	0.45	0.56
Total Stockholder Equity	1.0	-0.59	0.19	0.07		0.49	-1.0	-0.48	0.18	0.99	0.6	-0.08	-0.67	0.99	0.23	0.12	0.53	-0.43	0.01	0.08	0.64	-0.16	0.49	0.99	-0.27	-0.26
Property Plant And Equipment Net	0.5	-0.49	0.65	0.46	0.49		-0.42	-0.3	0.46	0.38	0.8	0.12	-0.55	0.38	0.47	0.37	0.18	-0.48	-0.12	0.61	0.38	0.17	1.0	0.43	0.01	-0.22
Net Debt	-0.99	0.55	-0.13	-0.04	-1.0	-0.42		0.44	-0.18	-1.0	-0.54	0.08	0.62	-1.0	-0.23	-0.08	-0.52	0.4	-0.06	-0.03	-0.61	0.16	-0.42	-1.0	0.24	0.25
Retained Earnings	-0.47	0.66	-0.02	0.26	-0.48	-0.3	0.44		0.37	-0.41	-0.77	0.13	0.66	-0.41	0.41	0.09	-0.89	0.12	0.1	0.33	-0.94	0.23	-0.29	-0.4	0.91	0.26
Accounts Payable	0.23	0.14	0.45	0.85	0.18	0.46	-0.18	0.37		0.2	0.05	0.12	-0.05	0.2	0.88	0.26	-0.35	-0.5	0.25	0.49	-0.29	0.57	0.46	0.24	0.61	0.31
Cash	0.99	-0.47	0.08	0.05	0.99	0.38	-1.0	-0.41	0.2		0.5	-0.07	-0.56	1.0	0.24	0.04	0.52	-0.38	0.12	0.01	0.57	-0.11	0.39	1.0	-0.22	-0.19
Non Current Assets Total	0.61	-0.69	0.44	0.15	0.6	0.8	-0.54	-0.77	0.05	0.5		0.1	-0.76	0.5	0.05	0.25	0.6	-0.45	-0.2	0.19	0.83	0.0	0.8	0.52	-0.54	-0.25
Other Assets	-0.06	0.2	0.18	0.25	-0.08	0.12	0.08	0.13	0.12	-0.07	0.1		0.09	-0.07	0.06	0.45	-0.24	-0.22	-0.18	-0.02	-0.1	0.29	0.13	-0.08	0.15	0.24
Long Term Debt	-0.65	0.89	-0.55	-0.15	-0.67	-0.55	0.62	0.66	-0.05	-0.56	-0.76	0.09		-0.56	-0.09	-0.37	-0.41	0.66	0.56	-0.18	-0.73	0.4	-0.54	-0.59	0.46	0.29
Cash And Short Term Investments	0.99	-0.47	0.08	0.05	0.99	0.38	-1.0	-0.41	0.2	1.0	0.5	-0.07	-0.56		0.24	0.04	0.52	-0.38	0.12	0.01	0.57	-0.11	0.39	1.0	-0.22	-0.19
Net Receivables	0.27	0.14	0.5	0.84	0.23	0.47	-0.23	0.41	0.88	0.24	0.05	0.06	-0.09	0.24		0.27	-0.39	-0.57	0.09	0.59	-0.28	0.51	0.48	0.29	0.61	0.34
Common Stock Total Equity	0.12	-0.29	0.87	0.49	0.12	0.37	-0.08	0.09	0.26	0.04	0.25	0.45	-0.37	0.04	0.27		-0.37	-0.45	-0.56	0.41	0.0	0.02	0.38	0.09	0.15	-0.1
Common Stock Shares Outstanding	0.53	-0.44	-0.29	-0.38	0.53	0.18	-0.52	-0.89	-0.35	0.52	0.6	-0.24	-0.41	0.52	-0.39	-0.37		0.06	0.22	-0.42	0.82	-0.15	0.16	0.49	-0.76	-0.2
Short Term Investments	-0.45	0.28	-0.58	-0.71	-0.43	-0.48	0.4	0.12	-0.5	-0.38	-0.45	-0.22	0.66	-0.38	-0.57	-0.45	0.06		0.53	-0.48	-0.22	-0.17	-0.49	-0.42	-0.1	-0.41
Non Current Liabilities Total	0.05	0.45	-0.53	-0.07	0.01	-0.12	-0.06	0.1	0.25	0.12	-0.2	-0.18	0.56	0.12	0.09	-0.56	0.22	0.53		-0.33	-0.11	0.5	-0.13	0.09	0.12	0.06
Inventory	0.09	-0.08	0.61	0.54	0.08	0.61	-0.03	0.33	0.49	0.01	0.19	-0.02	-0.18	0.01	0.59	0.41	-0.42	-0.48	-0.33		-0.26	0.14	0.62	0.07	0.52	0.03
Other Stockholder Equity	0.63	-0.7	0.08	-0.21	0.64	0.38	-0.61	-0.94	-0.29	0.57	0.83	-0.1	-0.73	0.57	-0.28	0.0	0.82	-0.22	-0.11	-0.26		-0.21	0.37	0.56	-0.85	-0.3
Total Liab	-0.08	0.64	0.04	0.67	-0.16	0.17	0.16	0.23	0.57	-0.11	0.0	0.29	0.4	-0.11	0.51	0.02	-0.15	-0.17	0.5	0.14	-0.21		0.17	-0.09	0.29	0.7
Property Plant And Equipment Gross	0.5	-0.48	0.66	0.46	0.49	1.0	-0.42	-0.29	0.46	0.39	0.8	0.13	-0.54	0.39	0.48	0.38	0.16	-0.49	-0.13	0.62	0.37	0.17		0.43	0.02	-0.22
Total Current Assets	0.99	-0.49	0.15	0.11	0.99	0.43	-1.0	-0.4	0.24	1.0	0.52	-0.08	-0.59	1.0	0.29	0.09	0.49	-0.42	0.09	0.07	0.56	-0.09	0.43		-0.19	-0.18
Treasury Stock	-0.25	0.5	0.15	0.45	-0.27	0.01	0.24	0.91	0.61	-0.22	-0.54	0.15	0.46	-0.22	0.61	0.15	-0.76	-0.1	0.12	0.52	-0.85	0.29	0.02	-0.19		0.23
Short Term Debt	-0.2	0.68	-0.14	0.56	-0.26	-0.22	0.25	0.26	0.31	-0.19	-0.25	0.24	0.29	-0.19	0.34	-0.1	-0.2	-0.41	0.06	0.03	-0.3	0.7	-0.22	-0.18	0.23

Click cells to compare fundamentals

Ideal Power Account Relationship Matchups

Ideal Power fundamental ratios Accounts

	2019	2020	2021	2022	2023	2024 (projected)
Total Assets	5.3M	5.1M	25.9M	19.4M	12.2M	12.3M
Other Current Liab	319.1K	393.4K	219.4K	189.6K	384.4K	460.4K
Total Current Liabilities	685.2K	659.5K	542.9K	449.3K	930.9K	905.8K
Total Stockholder Equity	3.9M	3.8M	24.1M	17.9M	10.1M	10.4M
Property Plant And Equipment Net	307.6K	116.8K	363.3K	448.8K	545.8K	417.8K
Net Debt	(2.8M)	(3.0M)	(22.8M)	(16.1M)	(8.3M)	(8.7M)
Retained Earnings	(67.3M)	(75.1M)	(79.9M)	(87.1M)	(97.0M)	(92.2M)
Accounts Payable	183.0K	102.0K	130.5K	130.5K	405.1K	313.5K
Cash	3.1M	3.2M	23.2M	16.3M	8.5M	9.4M
Non Current Assets Total	2.0M	1.7M	2.4M	2.5M	3.1M	2.0M
Cash And Short Term Investments	3.1M	3.2M	23.2M	16.3M	8.5M	9.4M
Net Receivables	0.0	170.3K	233.3K	65.9K	70K	66.5K
Common Stock Total Equity	14.0K	14.0K	2.1K	3.3K	3.8K	3.6K
Common Stock Shares Outstanding	1.7M	3.5M	5.9M	6.2M	6.2M	6.5M
Liabilities And Stockholders Equity	5.3M	5.1M	25.9M	19.4M	12.2M	12.3M
Non Current Liabilities Total	691.3K	643.4K	1.2M	1.0M	1.3M	910.1K
Other Stockholder Equity	71.2M	79.0M	104.1M	105.0M	107.1M	66.0M
Total Liab	1.4M	1.3M	1.7M	1.5M	2.2M	1.4M
Property Plant And Equipment Gross	307.6K	116.8K	363.3K	448.8K	516.1K	402.6K
Total Current Assets	3.3M	3.4M	23.4M	16.9M	9.1M	10.3M
Intangible Assets	1.6M	1.6M	2.1M	2.0M	2.6M	1.6M
Common Stock	2.1K	3.3K	5.9K	5.9K	6.0K	7.7K
Property Plant Equipment	47.3K	116.8K	363.3K	448.8K	516.1K	378.7K
Other Current Assets	248.1K	118.9K	66.2K	873.0K	482.9K	507.0K
Net Tangible Assets	2.3M	2.3M	22.1M	15.9M	18.3M	10.9M
Retained Earnings Total Equity	(55.5M)	(63.4M)	(67.3M)	(75.1M)	(67.6M)	(71.0M)
Capital Surpluse	67.1M	68.0M	71.2M	79.0M	90.8M	62.2M
Other Liab	609.2K	552.0K	917.1K	838.5K	964.2K	639.0K
Net Invested Capital	3.9M	3.9M	24.1M	17.9M	20.6M	12.1M
Net Working Capital	2.6M	2.8M	22.9M	16.5M	18.9M	10.6M
Capital Stock	2.1K	3.3K	5.9K	5.9K	5.3K	5.2K

Pair Trading with Ideal Power

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 Ideal Power 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 Ideal Power will appreciate offsetting losses from the drop in the long position's value.

Moving against Ideal Stock

0.71	BE	Bloom Energy Corp	Pair Corr
0.63	FREY	FREYR Battery SA	Pair Corr
0.53	EAF	GrafTech International	Pair Corr
0.42	AYI	Acuity Brands	Pair Corr
0.33	NVT	nVent Electric PLC	Pair Corr

The ability to find closely correlated positions to Ideal Power could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Ideal Power 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 Ideal Power - 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 Ideal Power to buy it.

The correlation of Ideal Power 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 Ideal Power moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Ideal Power 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 Ideal Power 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 Ideal Stock Analysis

When running Ideal Power's price analysis, check to measure Ideal Power's 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 Ideal Power is operating at the current time. Most of Ideal Power's value examination focuses on studying past and present price action to predict the probability of Ideal Power's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Ideal Power's price. Additionally, you may evaluate how the addition of Ideal Power to your portfolios can decrease your overall portfolio volatility.

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