ITM Net Borrowings vs Free Cash Flow Analysis

ITM Stock

35.26 1.02 2.98%

ITM Power financial indicator trend analysis is infinitely more than just investigating ITM Power recent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether ITM Power is a good investment. Please check the relationship between ITM Power Net Borrowings 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 ITM 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 bureau of economic analysis.

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 ITM Power Net Borrowings account and Free Cash Flow. At this time, the significance of the direction appears to have pay attention.

The correlation between ITM Power's Net Borrowings and Free Cash Flow is -0.95. 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 ITM Power, assuming nothing else is changed. The correlation between historical values of ITM Power's 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 ITM Power 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., ITM Power's Net Borrowings and Free Cash Flow go up and down completely randomly.

Correlation Coefficient

-0.95

Relationship Direction	Negative
Relationship Strength	Significant

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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 ITM Power's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into ITM 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 ITM 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 bureau of economic analysis.

The current year's Tax Provision is expected to grow to about 175.3 K, whereas Selling General Administrative is forecasted to decline to about 3.4 M.

	2021	2022	2023	2024 (projected)
Cost Of Revenue	39.9M	88.2M	33.2M	34.8M
Research Development	503K	1.1M	2.6M	2.7M

Cost Of Revenue Research Development

ITM Power fundamental ratios Correlations

	Total Assets	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	Common Stock Total Equity	Common Stock Shares Outstanding	Short Term Investments	Other Current Assets	Other Stockholder Equity	Total Liab	Property Plant And Equipment Gross	Total Current Assets	Short Term Debt	Common Stock	Short Long Term Debt Total	Current Deferred Revenue	Net Receivables	Property Plant Equipment
Total Assets		0.76	0.94	0.99	0.91	-0.98	-0.93	0.89	0.99	0.95	0.57	0.99	0.88	0.94	-0.46	0.54	0.99	0.93	0.85	1.0	-0.75	0.9	0.48	0.85	0.61	0.96
Other Current Liab	0.76		0.91	0.69	0.94	-0.61	-0.88	0.87	0.65	0.91	0.36	0.65	0.79	0.8	-0.67	0.25	0.8	0.89	0.98	0.73	-0.36	0.75	0.55	0.94	0.85	0.83
Total Current Liabilities	0.94	0.91		0.89	0.98	-0.85	-0.99	0.92	0.87	0.99	0.48	0.87	0.89	0.94	-0.59	0.46	0.96	0.99	0.96	0.92	-0.6	0.89	0.55	0.96	0.75	0.95
Total Stockholder Equity	0.99	0.69	0.89		0.86	-0.99	-0.88	0.86	1.0	0.91	0.58	1.0	0.86	0.92	-0.41	0.56	0.98	0.87	0.79	1.0	-0.78	0.89	0.45	0.79	0.56	0.94
Property Plant And Equipment Net	0.91	0.94	0.98	0.86		-0.81	-0.97	0.89	0.84	0.99	0.52	0.84	0.91	0.93	-0.61	0.41	0.94	0.97	0.99	0.9	-0.61	0.89	0.56	0.96	0.78	0.96
Net Debt	-0.98	-0.61	-0.85	-0.99	-0.81		0.84	-0.82	-1.0	-0.87	-0.58	-1.0	-0.82	-0.89	0.36	-0.56	-0.95	-0.84	-0.73	-0.99	0.8	-0.86	-0.42	-0.74	-0.48	-0.9
Retained Earnings	-0.93	-0.88	-0.99	-0.88	-0.97	0.84		-0.87	-0.86	-0.98	-0.49	-0.86	-0.9	-0.94	0.57	-0.47	-0.96	-0.99	-0.94	-0.91	0.61	-0.9	-0.63	-0.95	-0.72	-0.95
Accounts Payable	0.89	0.87	0.92	0.86	0.89	-0.82	-0.87		0.84	0.91	0.42	0.84	0.82	0.85	-0.57	0.47	0.9	0.89	0.88	0.88	-0.5	0.82	0.54	0.88	0.74	0.86
Cash	0.99	0.65	0.87	1.0	0.84	-1.0	-0.86	0.84		0.89	0.59	1.0	0.83	0.9	-0.39	0.55	0.97	0.86	0.77	0.99	-0.79	0.87	0.42	0.77	0.51	0.92
Non Current Assets Total	0.95	0.91	0.99	0.91	0.99	-0.87	-0.98	0.91	0.89		0.54	0.89	0.91	0.94	-0.58	0.44	0.97	0.98	0.97	0.94	-0.66	0.9	0.55	0.95	0.74	0.97
Non Currrent Assets Other	0.57	0.36	0.48	0.58	0.52	-0.58	-0.49	0.42	0.59	0.54		0.59	0.47	0.5	-0.52	0.21	0.56	0.48	0.48	0.57	-0.73	0.49	0.07	0.43	0.19	0.58
Cash And Short Term Investments	0.99	0.65	0.87	1.0	0.84	-1.0	-0.86	0.84	1.0	0.89	0.59		0.83	0.9	-0.38	0.54	0.97	0.86	0.76	0.99	-0.79	0.87	0.42	0.77	0.51	0.92
Common Stock Total Equity	0.88	0.79	0.89	0.86	0.91	-0.82	-0.9	0.82	0.83	0.91	0.47	0.83		0.98	-0.55	0.69	0.9	0.86	0.85	0.87	-0.71	0.99	0.6	0.78	0.8	0.96
Common Stock Shares Outstanding	0.94	0.8	0.94	0.92	0.93	-0.89	-0.94	0.85	0.9	0.94	0.5	0.9	0.98		-0.55	0.69	0.95	0.92	0.87	0.93	-0.74	0.99	0.53	0.82	0.77	0.98
Short Term Investments	-0.46	-0.67	-0.59	-0.41	-0.61	0.36	0.57	-0.57	-0.39	-0.58	-0.52	-0.38	-0.55	-0.55		-0.24	-0.5	-0.57	-0.65	-0.44	0.3	-0.52	-0.23	-0.59	-0.66	-0.53
Other Current Assets	0.54	0.25	0.46	0.56	0.41	-0.56	-0.47	0.47	0.55	0.44	0.21	0.54	0.69	0.69	-0.24		0.51	0.43	0.3	0.55	-0.58	0.73	0.35	0.24	0.48	0.58
Other Stockholder Equity	0.99	0.8	0.96	0.98	0.94	-0.95	-0.96	0.9	0.97	0.97	0.56	0.97	0.9	0.95	-0.5	0.51		0.96	0.89	0.99	-0.72	0.91	0.53	0.9	0.65	0.97
Total Liab	0.93	0.89	0.99	0.87	0.97	-0.84	-0.99	0.89	0.86	0.98	0.48	0.86	0.86	0.92	-0.57	0.43	0.96		0.95	0.91	-0.6	0.87	0.54	0.97	0.7	0.93
Property Plant And Equipment Gross	0.85	0.98	0.96	0.79	0.99	-0.73	-0.94	0.88	0.77	0.97	0.48	0.76	0.85	0.87	-0.65	0.3	0.89	0.95		0.83	-0.5	0.82	0.56	0.97	0.8	0.91
Total Current Assets	1.0	0.73	0.92	1.0	0.9	-0.99	-0.91	0.88	0.99	0.94	0.57	0.99	0.87	0.93	-0.44	0.55	0.99	0.91	0.83		-0.76	0.9	0.47	0.84	0.59	0.95
Short Term Debt	-0.75	-0.36	-0.6	-0.78	-0.61	0.8	0.61	-0.5	-0.79	-0.66	-0.73	-0.79	-0.71	-0.74	0.3	-0.58	-0.72	-0.6	-0.5	-0.76		-0.74	-0.13	-0.43	-0.26	-0.77
Common Stock	0.9	0.75	0.89	0.89	0.89	-0.86	-0.9	0.82	0.87	0.9	0.49	0.87	0.99	0.99	-0.52	0.73	0.91	0.87	0.82	0.9	-0.74		0.59	0.76	0.75	0.96
Short Long Term Debt Total	0.48	0.55	0.55	0.45	0.56	-0.42	-0.63	0.54	0.42	0.55	0.07	0.42	0.6	0.53	-0.23	0.35	0.53	0.54	0.56	0.47	-0.13	0.59		0.56	0.52	0.53
Current Deferred Revenue	0.85	0.94	0.96	0.79	0.96	-0.74	-0.95	0.88	0.77	0.95	0.43	0.77	0.78	0.82	-0.59	0.24	0.9	0.97	0.97	0.84	-0.43	0.76	0.56		0.71	0.86
Net Receivables	0.61	0.85	0.75	0.56	0.78	-0.48	-0.72	0.74	0.51	0.74	0.19	0.51	0.8	0.77	-0.66	0.48	0.65	0.7	0.8	0.59	-0.26	0.75	0.52	0.71		0.73
Property Plant Equipment	0.96	0.83	0.95	0.94	0.96	-0.9	-0.95	0.86	0.92	0.97	0.58	0.92	0.96	0.98	-0.53	0.58	0.97	0.93	0.91	0.95	-0.77	0.96	0.53	0.86	0.73

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ITM Power Account Relationship Matchups

ITM Power fundamental ratios Accounts

	2019	2020	2021	2022	2023	2024 (projected)
Total Assets	83.2M	229.1M	458.2M	402.3M	381.8M	400.9M
Other Current Liab	14.8M	14.9M	19.1M	20.9M	68.9M	72.4M
Total Current Liabilities	21.1M	25.3M	50.1M	64.9M	79.1M	83.0M
Total Stockholder Equity	55.7M	197.4M	395.0M	295.5M	268.7M	282.2M
Property Plant And Equipment Net	13.0M	19.9M	22.1M	27.4M	41.6M	43.7M
Net Debt	(34.5M)	(170.6M)	(359.0M)	(275.5M)	(217.6M)	(206.8M)
Retained Earnings	(105.3M)	(132.4M)	(178.0M)	(278.1M)	(305.2M)	(290.0M)
Accounts Payable	2.5M	1.2M	8.7M	4.5M	8.8M	9.3M
Cash	41.0M	177.1M	366.2M	283.3M	230.3M	241.9M
Non Current Assets Total	15.7M	23.6M	34.5M	39.5M	52.3M	54.9M
Non Currrent Assets Other	137K	148K	1.7M	174K	400K	420K
Cash And Short Term Investments	41.0M	177.1M	366.2M	283.3M	230.3M	241.9M
Common Stock Shares Outstanding	398.4M	507.3M	576.7M	614.7M	616.7M	647.6M
Liabilities And Stockholders Equity	83.2M	229.1M	458.2M	402.3M	381.8M	400.9M
Other Current Assets	15.6M	11.8M	17.5M	15.4M	9.1M	5.5M
Other Stockholder Equity	139.2M	304.2M	544.3M	544.6M	544.7M	571.9M
Total Liab	27.4M	31.6M	63.2M	106.8M	113.1M	118.7M
Property Plant And Equipment Gross	13.0M	19.9M	22.1M	27.4M	56.8M	59.6M
Total Current Assets	67.5M	205.5M	423.6M	362.9M	329.5M	346.0M
Accumulated Other Comprehensive Income	161K	83K	12K	172K	(1.6M)	(1.7M)
Short Term Debt	(1.7M)	(1.9M)	(2.7M)	(2.1M)	678K	644.1K
Common Stock	23.7M	27.5M	30.7M	30.8M	30.8M	32.4M
Current Deferred Revenue	3.4M	8.5M	21.0M	37.7M	55.4M	58.2M
Net Receivables	7.6M	11.2M	8.1M	6.1M	19.6M	20.6M
Property Plant Equipment	5.7M	13.0M	19.9M	22.1M	25.4M	26.7M
Inventory	4.4M	6.4M	32.2M	58.8M	70.4M	73.9M
Net Tangible Assets	55.4M	195.2M	385.9M	292.4M	336.2M	353.0M
Other Assets	1.8M	1.1M	1.5M	8.3M	9.6M	10.1M
Non Current Liabilities Total	6.3M	6.3M	13.1M	41.9M	34M	35.7M
Deferred Long Term Liab	1.8M	1.1M	7.1M	8.3M	9.6M	10.1M
Intangible Assets	2.2M	3.3M	9.1M	11.5M	10.2M	10.7M
Net Invested Capital	55.7M	197.4M	395.0M	295.5M	268.7M	177.0M
Net Working Capital	46.4M	180.1M	373.5M	298.0M	250.4M	166.0M
Capital Stock	23.7M	27.5M	30.7M	30.8M	30.8M	29.3M

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Other Information on Investing in ITM Stock

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

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ITM Net Borrowings vs Free Cash Flow Analysis

Net Borrowings vs Free Cash Flow

Net Borrowings vs Free Cash Flow Correlation Analysis

Correlation Coefficient

Net Borrowings

Free Cash Flow

ITM Power fundamental ratios Correlations

ITM Power Account Relationship Matchups

High Positive Relationship

High Negative Relationship

ITM Power fundamental ratios Accounts

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Other Information on Investing in ITM Stock

COMMON DESTINATIONS

MAIN CATEGORIES

COMPANY

Total Current Assets	+ 1.0	Total Assets
Cash	+ 1.0	Total Stockholder Equity
Cash And Short Term Investments	+ 1.0	Total Stockholder Equity
Total Current Assets	+ 1.0	Total Stockholder Equity
Cash And Short Term Investments	+ 1.0	Cash
Total Stockholder Equity	+ 0.99	Total Assets

Cash And Short Term Investments	- 1.0	Net Debt
Cash	- 1.0	Net Debt
Total Liab	- 0.99	Retained Earnings
Total Current Assets	- 0.99	Net Debt
Net Debt	- 0.99	Total Stockholder Equity
Retained Earnings	- 0.99	Total Current Liabilities