ITT Free Cash Flow Per Share vs Cash And Equivalents Analysis

ITT Stock

USD 158.38 2.92 1.88%

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

Free Cash Flow Per Share vs Cash And Equivalents

Free Cash Flow Per Share vs Cash And Equivalents Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of ITT Inc Free Cash Flow Per Share account and Cash And Equivalents. At this time, the significance of the direction appears to have weak relationship.

The correlation between ITT's Free Cash Flow Per Share and Cash And Equivalents is 0.32. Overlapping area represents the amount of variation of Free Cash Flow Per Share that can explain the historical movement of Cash And Equivalents in the same time period over historical financial statements of ITT Inc, assuming nothing else is changed. The correlation between historical values of ITT's Free Cash Flow Per Share and Cash And Equivalents 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 ITT Inc are associated (or correlated) with its Cash And Equivalents. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Cash And Equivalents has no effect on the direction of Free Cash Flow Per Share i.e., ITT's Free Cash Flow Per Share and Cash And Equivalents go up and down completely randomly.

Correlation Coefficient

0.32

Relationship Direction	Positive
Relationship Strength	Very Weak

View All Relationships

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 And Equivalents

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

At this time, ITT's Selling General Administrative is comparatively stable compared to the past year. Sales General And Administrative To Revenue is likely to gain to 0.12 in 2024, whereas Issuance Of Capital Stock is likely to drop slightly above 1 M in 2024.

	2021	2022	2023	2024 (projected)
Gross Profit	899.5M	922.3M	1.1B	1.2B
Total Revenue	2.8B	3.0B	3.3B	4.7B

Gross Profit Total Revenue

ITT 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	Cash	Non Current Assets Total	Non Currrent Assets Other	Cash And Short Term Investments	Net Receivables	Common Stock Total Equity	Common Stock Shares Outstanding	Non Current Liabilities Total	Inventory	Other Current Assets	Other Stockholder Equity	Total Liab	Property Plant And Equipment Gross	Total Current Assets	Common Stock	Accounts Payable	Short Term Debt	Intangible Assets
Total Assets		1.0	1.0	0.99	0.87	1.0	1.0	0.91	0.01	1.0	1.0	0.0	1.0	0.73	0.89	1.0	0.89	1.0	-0.47	1.0	0.89	1.0	0.83	0.92	0.67	0.91
Short Long Term Debt Total	1.0		0.99	0.99	0.88	1.0	1.0	0.92	-0.01	1.0	1.0	-0.02	1.0	0.7	0.88	1.0	0.9	1.0	-0.49	1.0	0.9	1.0	0.81	0.92	0.69	0.91
Other Current Liab	1.0	0.99		0.98	0.87	0.99	0.99	0.9	0.07	0.99	1.0	0.06	0.99	0.72	0.89	1.0	0.88	1.0	-0.45	1.0	0.88	1.0	0.82	0.91	0.63	0.88
Total Current Liabilities	0.99	0.99	0.98		0.9	0.99	0.99	0.93	0.01	0.99	0.97	0.0	0.99	0.68	0.81	0.98	0.92	0.98	-0.43	0.98	0.93	0.98	0.78	0.96	0.75	0.89
Total Stockholder Equity	0.87	0.88	0.87	0.9		0.9	0.88	1.0	0.09	0.87	0.85	0.06	0.88	0.36	0.6	0.85	0.97	0.86	-0.14	0.85	0.95	0.87	0.47	0.89	0.71	0.77
Property Plant And Equipment Net	1.0	1.0	0.99	0.99	0.9		1.0	0.93	0.0	1.0	0.99	0.0	1.0	0.69	0.86	0.99	0.91	1.0	-0.44	0.99	0.91	1.0	0.8	0.93	0.69	0.9
Net Debt	1.0	1.0	0.99	0.99	0.88	1.0		0.91	-0.06	1.0	0.99	-0.06	1.0	0.7	0.88	1.0	0.9	1.0	-0.49	1.0	0.9	1.0	0.81	0.92	0.7	0.92
Retained Earnings	0.91	0.92	0.9	0.93	1.0	0.93	0.91		0.06	0.91	0.88	0.03	0.91	0.43	0.65	0.89	0.97	0.9	-0.21	0.89	0.95	0.9	0.54	0.91	0.73	0.82
Cash	0.01	-0.01	0.07	0.01	0.09	0.0	-0.06	0.06		0.01	0.01	1.0	0.0	0.06	-0.06	0.0	0.03	0.0	0.28	0.0	0.04	0.01	0.0	0.0	-0.16	-0.28
Non Current Assets Total	1.0	1.0	0.99	0.99	0.87	1.0	1.0	0.91	0.01		1.0	0.0	1.0	0.73	0.88	1.0	0.89	1.0	-0.47	1.0	0.89	1.0	0.83	0.92	0.67	0.91
Non Currrent Assets Other	1.0	1.0	1.0	0.97	0.85	0.99	0.99	0.88	0.01	1.0		0.01	1.0	0.75	0.91	1.0	0.86	1.0	-0.5	1.0	0.86	1.0	0.85	0.9	0.64	0.9
Cash And Short Term Investments	0.0	-0.02	0.06	0.0	0.06	0.0	-0.06	0.03	1.0	0.0	0.01		-0.01	0.07	-0.05	0.0	0.02	0.0	0.27	0.0	0.03	0.0	0.01	0.0	-0.14	-0.29
Net Receivables	1.0	1.0	0.99	0.99	0.88	1.0	1.0	0.91	0.0	1.0	1.0	-0.01		0.72	0.88	1.0	0.89	1.0	-0.47	1.0	0.89	1.0	0.82	0.92	0.68	0.91
Common Stock Total Equity	0.73	0.7	0.72	0.68	0.36	0.69	0.7	0.43	0.06	0.73	0.75	0.07	0.72		0.82	0.74	0.36	0.73	-0.59	0.74	0.42	0.72	0.96	0.54	0.32	0.66
Common Stock Shares Outstanding	0.89	0.88	0.89	0.81	0.6	0.86	0.88	0.65	-0.06	0.88	0.91	-0.05	0.88	0.82		0.91	0.63	0.9	-0.65	0.91	0.61	0.9	0.91	0.67	0.39	0.83
Non Current Liabilities Total	1.0	1.0	1.0	0.98	0.85	0.99	1.0	0.89	0.0	1.0	1.0	0.0	1.0	0.74	0.91		0.87	1.0	-0.5	1.0	0.87	1.0	0.84	0.9	0.65	0.91
Inventory	0.89	0.9	0.88	0.92	0.97	0.91	0.9	0.97	0.03	0.89	0.86	0.02	0.89	0.36	0.63	0.87		0.88	-0.23	0.87	0.98	0.88	0.5	0.95	0.77	0.76
Other Current Assets	1.0	1.0	1.0	0.98	0.86	1.0	1.0	0.9	0.0	1.0	1.0	0.0	1.0	0.73	0.9	1.0	0.88		-0.49	1.0	0.88	1.0	0.83	0.91	0.66	0.91
Other Stockholder Equity	-0.47	-0.49	-0.45	-0.43	-0.14	-0.44	-0.49	-0.21	0.28	-0.47	-0.5	0.27	-0.47	-0.59	-0.65	-0.5	-0.23	-0.49		-0.5	-0.23	-0.48	-0.6	-0.27	-0.36	-0.55
Total Liab	1.0	1.0	1.0	0.98	0.85	0.99	1.0	0.89	0.0	1.0	1.0	0.0	1.0	0.74	0.91	1.0	0.87	1.0	-0.5		0.87	1.0	0.84	0.91	0.65	0.91
Property Plant And Equipment Gross	0.89	0.9	0.88	0.93	0.95	0.91	0.9	0.95	0.04	0.89	0.86	0.03	0.89	0.42	0.61	0.87	0.98	0.88	-0.23	0.87		0.88	0.54	0.97	0.81	0.74
Total Current Assets	1.0	1.0	1.0	0.98	0.87	1.0	1.0	0.9	0.01	1.0	1.0	0.0	1.0	0.72	0.9	1.0	0.88	1.0	-0.48	1.0	0.88		0.83	0.91	0.66	0.9
Common Stock	0.83	0.81	0.82	0.78	0.47	0.8	0.81	0.54	0.0	0.83	0.85	0.01	0.82	0.96	0.91	0.84	0.5	0.83	-0.6	0.84	0.54	0.83		0.66	0.36	0.75
Accounts Payable	0.92	0.92	0.91	0.96	0.89	0.93	0.92	0.91	0.0	0.92	0.9	0.0	0.92	0.54	0.67	0.9	0.95	0.91	-0.27	0.91	0.97	0.91	0.66		0.78	0.79
Short Term Debt	0.67	0.69	0.63	0.75	0.71	0.69	0.7	0.73	-0.16	0.67	0.64	-0.14	0.68	0.32	0.39	0.65	0.77	0.66	-0.36	0.65	0.81	0.66	0.36	0.78		0.69
Intangible Assets	0.91	0.91	0.88	0.89	0.77	0.9	0.92	0.82	-0.28	0.91	0.9	-0.29	0.91	0.66	0.83	0.91	0.76	0.91	-0.55	0.91	0.74	0.9	0.75	0.79	0.69

Click cells to compare fundamentals

ITT Account Relationship Matchups

ITT fundamental ratios Accounts

	2019	2020	2021	2022	2023	2024 (projected)
Total Assets	4.1B	4.3B	3.6B	3.8B	3.9B	7.1B
Short Long Term Debt Total	99.4M	119.8M	207.5M	517.6M	285.2M	270.9M
Other Current Liab	356.2M	383.7M	288.2M	195.1M	229.3M	217.8M
Total Current Liabilities	849.7M	871M	928.3M	1.2B	1.0B	1.6B
Total Stockholder Equity	2.1B	2.1B	2.2B	2.2B	2.5B	2.2B
Property Plant And Equipment Net	531.5M	525.1M	509.1M	526.8M	648.4M	803.8M
Net Debt	(525.6M)	(753M)	(449.9M)	(43.6M)	(204M)	(193.8M)
Retained Earnings	2.4B	2.3B	2.5B	2.5B	2.8B	2.5B
Cash	561.2M	612.1M	859.8M	647.5M	489.2M	619.4M
Non Current Assets Total	2.4B	2.4B	1.8B	1.9B	2.1B	3.3B
Non Currrent Assets Other	626.3M	614M	246.3M	241.5M	163.1M	154.9M
Cash And Short Term Investments	561.2M	612.1M	859.8M	647.5M	489.2M	620.8M
Net Receivables	578.4M	507.5M	555.1M	655.1M	701M	1.2B
Common Stock Total Equity	87.8M	86.5M	85.5M	82.7M	74.4M	89.7M
Common Stock Shares Outstanding	88.6M	87.3M	86.5M	83.7M	82.7M	76.4M
Liabilities And Stockholders Equity	4.1B	4.3B	3.6B	3.8B	3.9B	7.1B
Non Current Liabilities Total	1.2B	1.3B	406.4M	337.4M	355.7M	337.9M
Inventory	392.9M	360.5M	430.9M	533.9M	575.4M	458.0M
Other Current Assets	153.4M	189.5M	88.6M	86.6M	92.1M	87.5M
Other Stockholder Equity	2.6M	1.1M	88M	(344.3M)	82.1M	78.0M
Total Liab	2.0B	2.1B	1.3B	1.5B	1.4B	1.3B
Property Plant And Equipment Gross	623.2M	612.4M	1.7B	1.8B	1.9B	2.0B
Total Current Assets	1.7B	1.9B	1.7B	1.8B	1.9B	1.8B
Accumulated Other Comprehensive Income	(385.3M)	(279.4M)	(321.3M)	(344.3M)	(331.9M)	(348.5M)
Common Stock	87.8M	86.5M	85.5M	82.7M	82.1M	88.8M
Accounts Payable	332.4M	306.8M	373.4M	401.1M	437M	477.3M
Short Term Debt	86.5M	106.8M	197.6M	470M	207.2M	404.7M
Intangible Assets	138M	106.4M	85.7M	112.8M	124.5M	118.3M
Other Liab	1.1B	1.3B	406.4M	270.8M	243.7M	231.5M
Other Assets	642.6M	785M	324.2M	339.1M	1.0	0.95
Long Term Debt	12.9M	13M	9.9M	7.7M	5.7M	5.4M
Good Will	927.2M	944.8M	924.3M	964.8M	1.0B	1.3B
Property Plant Equipment	531.5M	525.1M	509.1M	526.8M	474.1M	552.5M
Current Deferred Revenue	74.6M	73.7M	69.1M	92.2M	133.6M	126.9M
Net Tangible Assets	1.0B	1.1B	1.2B	1.2B	1.3B	1.4B
Noncontrolling Interest In Consolidated Entity	2.9M	1.5M	4.9M	9.3M	10.7M	11.2M
Retained Earnings Total Equity	2.4B	2.3B	2.5B	2.5B	2.3B	1.8B
Long Term Debt Total	12.9M	13M	9.9M	7.7M	6.9M	6.6M
Non Current Liabilities Other	1.2B	1.3B	206.5M	200.2M	24M	22.8M

Thematic Opportunities

Explore Investment Opportunities

Build portfolios using Macroaxis predefined set of investing ideas. Many of Macroaxis investing ideas can easily outperform a given market. Ideas can also be optimized per your risk profile before portfolio origination is invoked. Macroaxis thematic optimization helps investors identify companies most likely to benefit from changes or shifts in various micro-economic or local macro-level trends. Originating optimal thematic portfolios involves aligning investors' personal views, ideas, and beliefs with their actual investments.

Explore Investing Ideas

Additional Tools for ITT Stock Analysis

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

Macroaxis helps investors of all levels and skills to maximize the upside of all their holdings and minimize the risk associated with market volatility, economic swings, and company-specific events. View terms and conditions

Feedback Blog

Made with optimal in San Francisco

2024 Macroaxis LLC