Lindsay Cash Conversion Cycle vs Free Cash Flow Analysis

LNN Stock

USD 130.40 0.32 0.24%

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

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

Cash Conversion Cycle vs Free Cash Flow

Cash Conversion Cycle vs Free Cash Flow Correlation Analysis

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

The correlation between Lindsay's Cash Conversion Cycle and Free Cash Flow is 0.17. Overlapping area represents the amount of variation of Cash Conversion Cycle that can explain the historical movement of Free Cash Flow in the same time period over historical financial statements of Lindsay, assuming nothing else is changed. The correlation between historical values of Lindsay's Cash Conversion Cycle 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 Cash Conversion Cycle of Lindsay 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 Cash Conversion Cycle i.e., Lindsay's Cash Conversion Cycle and Free Cash Flow go up and down completely randomly.

Correlation Coefficient

0.17

Relationship Direction	Positive
Relationship Strength	Insignificant

View All Relationships

Cash Conversion Cycle

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 Lindsay's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Lindsay 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 Correlation Analysis to better understand how to build diversified portfolios, which includes a position in Lindsay. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in board of governors.

To learn how to invest in Lindsay Stock, please use our How to Invest in Lindsay guide.At this time, Lindsay's Tax Provision is very stable compared to the past year. As of the 22nd of November 2024, Sales General And Administrative To Revenue is likely to grow to 0.11, while Selling General Administrative is likely to drop about 39.7 M.

	2021	2022	2023	2024 (projected)
Gross Profit	199.2M	213.0M	191.1M	200.6M
Total Revenue	770.7M	674.1M	607.1M	349.2M

Gross Profit Total Revenue

Lindsay fundamental ratios Correlations

	Total Assets	Short Long Term Debt Total	Other Current Liab	Total Current Liabilities	Total Stockholder Equity	Property Plant And Equipment Net	Retained Earnings	Cash	Non Current Assets Total	Non Currrent Assets Other	Cash And Short Term Investments	Net Receivables	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	Short Term Debt	Net Debt	Accounts Payable	Common Stock Total Equity	Short Term Investments	Common Stock
Total Assets		0.67	0.57	0.93	0.93	0.96	0.98	0.79	0.95	0.75	0.84	0.89	-0.8	0.68	0.9	0.84	-0.63	0.87	0.79	0.98	0.11	0.05	0.65	0.78	-0.24	0.93
Short Long Term Debt Total	0.67		0.64	0.66	0.5	0.62	0.67	0.42	0.72	0.62	0.49	0.56	-0.7	0.68	0.58	0.46	-0.7	0.76	0.3	0.61	0.09	0.27	0.68	0.46	0.02	0.55
Other Current Liab	0.57	0.64		0.7	0.65	0.47	0.49	0.56	0.43	0.38	0.6	0.69	-0.29	0.08	0.39	0.4	-0.12	0.34	0.19	0.63	0.63	-0.39	0.82	0.33	-0.32	0.37
Total Current Liabilities	0.93	0.66	0.7		0.87	0.89	0.86	0.64	0.82	0.77	0.71	0.91	-0.65	0.53	0.9	0.86	-0.47	0.79	0.63	0.94	0.27	0.02	0.82	0.6	-0.12	0.8
Total Stockholder Equity	0.93	0.5	0.65	0.87		0.86	0.9	0.88	0.79	0.59	0.91	0.93	-0.6	0.38	0.77	0.8	-0.34	0.63	0.79	0.97	0.38	-0.29	0.6	0.76	-0.4	0.85
Property Plant And Equipment Net	0.96	0.62	0.47	0.89	0.86		0.94	0.65	0.94	0.72	0.72	0.82	-0.76	0.71	0.92	0.89	-0.63	0.88	0.83	0.92	0.0	0.2	0.54	0.78	-0.07	0.89
Retained Earnings	0.98	0.67	0.49	0.86	0.9	0.94		0.8	0.97	0.74	0.84	0.82	-0.87	0.74	0.87	0.79	-0.72	0.88	0.8	0.95	0.01	0.1	0.55	0.81	-0.27	0.95
Cash	0.79	0.42	0.56	0.64	0.88	0.65	0.8		0.67	0.39	0.99	0.69	-0.59	0.31	0.49	0.55	-0.34	0.48	0.64	0.82	0.36	-0.47	0.41	0.71	-0.56	0.8
Non Current Assets Total	0.95	0.72	0.43	0.82	0.79	0.94	0.97	0.67		0.71	0.72	0.74	-0.9	0.85	0.85	0.74	-0.81	0.95	0.75	0.87	-0.14	0.28	0.54	0.75	-0.19	0.91
Non Currrent Assets Other	0.75	0.62	0.38	0.77	0.59	0.72	0.74	0.39	0.71		0.45	0.67	-0.71	0.66	0.87	0.62	-0.64	0.79	0.51	0.73	-0.13	0.36	0.6	0.48	0.2	0.68
Cash And Short Term Investments	0.84	0.49	0.6	0.71	0.91	0.72	0.84	0.99	0.72	0.45		0.73	-0.64	0.37	0.56	0.62	-0.39	0.55	0.65	0.86	0.34	-0.4	0.46	0.71	-0.47	0.83
Net Receivables	0.89	0.56	0.69	0.91	0.93	0.82	0.82	0.69	0.74	0.67	0.73		-0.56	0.37	0.82	0.75	-0.31	0.64	0.69	0.93	0.38	-0.16	0.75	0.59	-0.28	0.76
Common Stock Shares Outstanding	-0.8	-0.7	-0.29	-0.65	-0.6	-0.76	-0.87	-0.59	-0.9	-0.71	-0.64	-0.56		-0.9	-0.7	-0.52	0.93	-0.91	-0.5	-0.71	0.31	-0.37	-0.45	-0.6	0.11	-0.86
Non Current Liabilities Total	0.68	0.68	0.08	0.53	0.38	0.71	0.74	0.31	0.85	0.66	0.37	0.37	-0.9		0.68	0.48	-0.97	0.94	0.48	0.55	-0.57	0.69	0.31	0.53	0.11	0.7
Inventory	0.9	0.58	0.39	0.9	0.77	0.92	0.87	0.49	0.85	0.87	0.56	0.82	-0.7	0.68		0.88	-0.59	0.86	0.75	0.88	-0.05	0.31	0.62	0.68	0.06	0.8
Other Current Assets	0.84	0.46	0.4	0.86	0.8	0.89	0.79	0.55	0.74	0.62	0.62	0.75	-0.52	0.48	0.88		-0.38	0.7	0.75	0.85	0.2	0.07	0.5	0.73	0.05	0.75
Other Stockholder Equity	-0.63	-0.7	-0.12	-0.47	-0.34	-0.63	-0.72	-0.34	-0.81	-0.64	-0.39	-0.31	0.93	-0.97	-0.59	-0.38		-0.89	-0.39	-0.5	0.53	-0.61	-0.31	-0.51	-0.02	-0.68
Total Liab	0.87	0.76	0.34	0.79	0.63	0.88	0.88	0.48	0.95	0.79	0.55	0.64	-0.91	0.94	0.86	0.7	-0.89		0.6	0.78	-0.3	0.51	0.56	0.63	0.03	0.83
Property Plant And Equipment Gross	0.79	0.3	0.19	0.63	0.79	0.83	0.8	0.64	0.75	0.51	0.65	0.69	-0.5	0.48	0.75	0.75	-0.39	0.6		0.77	-0.02	0.04	0.18	0.8	-0.22	0.73
Total Current Assets	0.98	0.61	0.63	0.94	0.97	0.92	0.95	0.82	0.87	0.73	0.86	0.93	-0.71	0.55	0.88	0.85	-0.5	0.78	0.77		0.25	-0.09	0.68	0.75	-0.26	0.9
Short Term Debt	0.11	0.09	0.63	0.27	0.38	0.0	0.01	0.36	-0.14	-0.13	0.34	0.38	0.31	-0.57	-0.05	0.2	0.53	-0.3	-0.02	0.25		-0.81	0.36	0.01	-0.31	0.01
Net Debt	0.05	0.27	-0.39	0.02	-0.29	0.2	0.1	-0.47	0.28	0.36	-0.4	-0.16	-0.37	0.69	0.31	0.07	-0.61	0.51	0.04	-0.09	-0.81		-0.05	-0.01	0.55	0.06
Accounts Payable	0.65	0.68	0.82	0.82	0.6	0.54	0.55	0.41	0.54	0.6	0.46	0.75	-0.45	0.31	0.62	0.5	-0.31	0.56	0.18	0.68	0.36	-0.05		0.3	-0.17	0.44
Common Stock Total Equity	0.78	0.46	0.33	0.6	0.76	0.78	0.81	0.71	0.75	0.48	0.71	0.59	-0.6	0.53	0.68	0.73	-0.51	0.63	0.8	0.75	0.01	-0.01	0.3		-0.29	0.7
Short Term Investments	-0.24	0.02	-0.32	-0.12	-0.4	-0.07	-0.27	-0.56	-0.19	0.2	-0.47	-0.28	0.11	0.11	0.06	0.05	-0.02	0.03	-0.22	-0.26	-0.31	0.55	-0.17	-0.29		-0.25
Common Stock	0.93	0.55	0.37	0.8	0.85	0.89	0.95	0.8	0.91	0.68	0.83	0.76	-0.86	0.7	0.8	0.75	-0.68	0.83	0.73	0.9	0.01	0.06	0.44	0.7	-0.25

Click cells to compare fundamentals

Lindsay Account Relationship Matchups

Lindsay fundamental ratios Accounts

	2019	2020	2021	2022	2023	2024 (projected)
Total Assets	570.5M	637.2M	710.7M	745.7M	760.2M	798.2M
Short Long Term Debt Total	141.7M	134.0M	135.4M	136.1M	134.4M	74.3M
Other Current Liab	53.5M	48.2M	59.1M	57.8M	54.8M	33.1M
Total Current Liabilities	102.4M	138.2M	160.9M	136.1M	125.8M	132.1M
Total Stockholder Equity	298.5M	338.4M	393.4M	455.7M	480.9M	504.9M
Property Plant And Equipment Net	107.0M	110.3M	113.7M	116.7M	128.5M	134.9M
Retained Earnings	499.7M	528.1M	579M	636.3M	687.1M	721.4M
Cash	121.4M	127.1M	105.0M	160.8M	190.9M	200.4M
Non Current Assets Total	222.6M	221.1M	233.6M	258.2M	267.0M	280.4M
Non Currrent Assets Other	14.1M	14.4M	25.2M	19.7M	14.5M	15.3M
Cash And Short Term Investments	140.9M	146.7M	116.5M	166.3M	190.9M	200.4M
Net Receivables	84.6M	93.6M	138.2M	144.8M	116.6M	122.4M
Common Stock Shares Outstanding	10.9M	11.0M	11.0M	11.1M	11.0M	10.4M
Liabilities And Stockholders Equity	570.5M	637.2M	710.7M	745.7M	760.2M	798.2M
Non Current Liabilities Total	169.6M	160.5M	156.4M	153.9M	153.5M	161.2M
Inventory	104.8M	145.2M	193.8M	155.9M	154.5M	162.2M
Other Current Assets	17.6M	30.5M	28.6M	20.5M	31.3M	32.8M
Other Stockholder Equity	(199.6M)	(190.7M)	(183.2M)	(178.7M)	(195.3M)	(185.6M)
Total Liab	272.0M	298.7M	317.3M	290.0M	279.3M	293.3M
Property Plant And Equipment Gross	107.0M	110.3M	113.7M	274.8M	296.3M	311.1M
Total Current Assets	347.9M	416.1M	477.1M	487.5M	493.2M	517.9M
Accumulated Other Comprehensive Income	(20.6M)	(17.9M)	(21.5M)	(21.0M)	(30.0M)	(28.5M)
Short Term Debt	195K	4.2M	3.4M	3.3M	3.9M	3.4M
Net Debt	20.3M	6.9M	30.3M	(24.6M)	(56.5M)	(53.7M)
Accounts Payable	29.6M	45.2M	60.0M	44.3M	37.4M	23.5M
Common Stock Total Equity	18.9M	18.9M	19.0M	19.1M	21.9M	20.0M
Common Stock	18.9M	19.0M	19.1M	19.1M	19.1M	20.1M
Other Liab	28.1M	26.7M	21.2M	21.0M	24.2M	16.9M
Other Assets	24.1M	22.5M	34.6M	30.6M	35.2M	37.0M
Good Will	68.0M	68.0M	67.1M	83.1M	84.2M	42.9M
Intangible Assets	23.5M	20.4M	18.2M	27.7M	25.4M	25.4M
Property Plant Equipment	79.6M	110.3M	94.5M	116.7M	134.2M	140.9M
Current Deferred Revenue	19.1M	39.5M	30.6M	21.6M	23.2M	18.3M
Long Term Debt	115.7M	115.5M	115.3M	115.2M	115.0M	73.8M
Net Tangible Assets	207.0M	250.1M	308.0M	344.8M	396.5M	255.6M
Retained Earnings Total Equity	474.7M	499.7M	528.1M	579M	665.9M	470.3M
Capital Surpluse	77.7M	86.5M	94.0M	98.5M	113.3M	75.0M
Deferred Long Term Liab	872K	889K	832K	1.1M	948.6K	901.2K

Pair Trading with Lindsay

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

Moving against Lindsay Stock

0.51	LEV	Lion Electric Corp	Pair Corr
0.41	HY	Hyster Yale Materials	Pair Corr
0.31	HYFM	Hydrofarm Holdings	Pair Corr

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

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

When determining whether Lindsay offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of Lindsay's financial statements, including income statements, balance sheets, and cash flow statements, to assess its financial health. Key financial ratios are used to gauge profitability, efficiency, and growth potential of Lindsay Stock. Outlined below are crucial reports that will aid in making a well-informed decision on Lindsay Stock:

How To Invest In Lindsay

Details

Is Lindsay Stock a good investment?

Details

What is Lindsay's Net Worth?

Details

Largest Farm & Heavy Construction Machinery Companies

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Largest Industrials Companies

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Check out Correlation Analysis to better understand how to build diversified portfolios, which includes a position in Lindsay. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in board of governors.

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

You can also try the Portfolio Rebalancing module to analyze risk-adjusted returns against different time horizons to find asset-allocation targets.

Is Agricultural & Farm Machinery 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 Lindsay. If investors know Lindsay 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 Lindsay 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

(0.33)

Dividend Share

1.41

Earnings Share

6.01

Revenue Per Share

55.309

Quarterly Revenue Growth

(0.07)

The market value of Lindsay is measured differently than its book value, which is the value of Lindsay that is recorded on the company's balance sheet. Investors also form their own opinion of Lindsay's value that differs from its market value or its book value, called intrinsic value, which is Lindsay's 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 Lindsay's market value can be influenced by many factors that don't directly affect Lindsay's 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 Lindsay's value and its price as these two are different measures arrived at by different means. Investors typically determine if Lindsay is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Lindsay's 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.

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Lindsay Cash Conversion Cycle vs Free Cash Flow Analysis

Cash Conversion Cycle vs Free Cash Flow

Cash Conversion Cycle vs Free Cash Flow Correlation Analysis

Correlation Coefficient

Cash Conversion Cycle

Free Cash Flow

Lindsay fundamental ratios Correlations

Lindsay Account Relationship Matchups

High Positive Relationship

High Negative Relationship

Lindsay fundamental ratios Accounts

Pair Trading with Lindsay

Moving against Lindsay Stock

COMMON DESTINATIONS

MAIN CATEGORIES

COMPANY

Cash And Short Term Investments	+ 0.99	Cash
Retained Earnings	+ 0.98	Total Assets
Total Current Assets	+ 0.98	Total Assets
Total Current Assets	+ 0.97	Total Stockholder Equity
Non Current Assets Total	+ 0.97	Retained Earnings
Property Plant And Equipment Net	+ 0.96	Total Assets

Other Stockholder Equity	- 0.97	Non Current Liabilities Total
Total Liab	- 0.91	Common Stock Shares Outstanding
Non Current Liabilities Total	- 0.9	Common Stock Shares Outstanding
Common Stock Shares Outstanding	- 0.9	Non Current Assets Total
Total Liab	- 0.89	Other Stockholder Equity
Common Stock Shares Outstanding	- 0.87	Retained Earnings