NELCO Free Cash Flow vs Change In Cash Analysis

NELCO Stock

754.30 15.25 1.98%

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

Free Cash Flow vs Change In Cash

Free Cash Flow vs Change In Cash Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of NELCO Limited Free Cash Flow account and Change In Cash. At this time, the significance of the direction appears to have fragmental relationship.

The correlation between NELCO's Free Cash Flow and Change In Cash is 0.44. Overlapping area represents the amount of variation of Free Cash Flow that can explain the historical movement of Change In Cash in the same time period over historical financial statements of NELCO Limited, assuming nothing else is changed. The correlation between historical values of NELCO's Free Cash Flow and Change In Cash 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 NELCO Limited are associated (or correlated) with its Change In Cash. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Change In Cash has no effect on the direction of Free Cash Flow i.e., NELCO's Free Cash Flow and Change In Cash go up and down completely randomly.

Correlation Coefficient

0.44

Relationship Direction	Positive
Relationship Strength	Weak

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Free Cash Flow

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

Change In Cash

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

At this time, NELCO's Discontinued Operations is very stable compared to the past year. As of the 3rd of March 2025, Tax Provision is likely to grow to about 118.8 M, while Selling General Administrative is likely to drop about 46.7 M.

	2022	2023	2024	2025 (projected)
Gross Profit	2.6B	2.3B	2.7B	1.4B
Total Revenue	3.1B	3.2B	3.7B	2.1B

Gross Profit Total Revenue

NELCO 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	Cash	Non Current Assets Total	Non Currrent Assets Other	Cash And Short Term Investments	Non Current Liabilities Total	Inventory	Other Current Assets	Other Stockholder Equity	Total Liab	Total Current Assets	Common Stock	Net Receivables	Common Stock Shares Outstanding	Short Term Debt	Accounts Payable	Intangible Assets	Current Deferred Revenue	Retained Earnings	Other Liab
Total Assets		0.49	0.41	0.47	0.71	0.76	0.41	0.66	0.75	0.26	0.37	0.66	0.63	0.5	-0.09	0.72	0.82	0.44	0.85	-0.37	-0.12	0.49	0.42	0.48	0.6	-0.48
Short Long Term Debt Total	0.49		0.29	0.05	-0.08	0.22	0.98	-0.11	0.23	0.29	-0.11	0.83	0.53	0.76	-0.05	0.84	0.6	0.78	0.35	0.09	0.41	0.08	-0.24	-0.01	-0.17	0.21
Other Current Liab	0.41	0.29		-0.01	-0.02	-0.12	0.32	-0.05	-0.16	-0.12	-0.18	0.7	0.77	0.76	0.61	0.66	0.75	0.73	0.64	-0.09	0.33	0.09	-0.12	-0.26	-0.2	0.27
Total Current Liabilities	0.47	0.05	-0.01		0.4	0.56	-0.03	0.43	0.58	0.28	0.33	-0.07	-0.06	-0.21	-0.08	0.22	0.14	-0.24	0.38	-0.25	0.23	0.33	0.15	0.51	0.4	-0.22
Total Stockholder Equity	0.71	-0.08	-0.02	0.4		0.7	-0.16	0.97	0.7	0.15	0.72	0.06	0.18	-0.08	-0.37	0.07	0.32	-0.2	0.47	-0.62	-0.49	0.46	0.78	0.57	0.98	-0.88
Property Plant And Equipment Net	0.76	0.22	-0.12	0.56	0.7		0.15	0.63	0.99	0.34	0.35	0.23	0.02	-0.05	-0.38	0.37	0.31	-0.08	0.51	-0.31	-0.36	0.47	0.4	0.81	0.71	-0.58
Net Debt	0.41	0.98	0.32	-0.03	-0.16	0.15		-0.18	0.15	0.25	-0.27	0.84	0.52	0.78	0.04	0.82	0.56	0.79	0.32	0.14	0.39	0.04	-0.28	-0.04	-0.25	0.31
Cash	0.66	-0.11	-0.05	0.43	0.97	0.63	-0.18		0.63	0.11	0.7	0.0	0.19	-0.12	-0.36	0.02	0.29	-0.23	0.45	-0.59	-0.4	0.48	0.83	0.48	0.96	-0.89
Non Current Assets Total	0.75	0.23	-0.16	0.58	0.7	0.99	0.15	0.63		0.41	0.36	0.2	0.0	-0.07	-0.41	0.34	0.28	-0.1	0.47	-0.3	-0.36	0.41	0.4	0.83	0.71	-0.57
Non Currrent Assets Other	0.26	0.29	-0.12	0.28	0.15	0.34	0.25	0.11	0.41		0.12	0.11	-0.01	0.03	-0.2	0.15	0.02	0.06	-0.07	-0.21	0.13	-0.3	-0.07	0.31	0.15	0.07
Cash And Short Term Investments	0.37	-0.11	-0.18	0.33	0.72	0.35	-0.27	0.7	0.36	0.12		-0.16	-0.01	-0.2	-0.52	-0.15	0.1	-0.28	0.08	-0.57	-0.18	0.17	0.54	0.23	0.73	-0.78
Non Current Liabilities Total	0.66	0.83	0.7	-0.07	0.06	0.23	0.84	0.0	0.2	0.11	-0.16		0.82	0.95	0.24	0.94	0.88	0.94	0.66	-0.03	0.22	0.2	-0.1	-0.04	-0.09	0.14
Inventory	0.63	0.53	0.77	-0.06	0.18	0.02	0.52	0.19	0.0	-0.01	-0.01	0.82		0.87	0.37	0.73	0.93	0.84	0.76	-0.1	0.21	0.27	0.14	-0.26	0.02	-0.01
Other Current Assets	0.5	0.76	0.76	-0.21	-0.08	-0.05	0.78	-0.12	-0.07	0.03	-0.2	0.95	0.87		0.33	0.84	0.84	0.98	0.55	0.02	0.29	0.04	-0.16	-0.26	-0.24	0.25
Other Stockholder Equity	-0.09	-0.05	0.61	-0.08	-0.37	-0.38	0.04	-0.36	-0.41	-0.2	-0.52	0.24	0.37	0.33		0.24	0.25	0.35	0.26	-0.15	0.25	0.1	-0.11	-0.31	-0.49	0.56
Total Liab	0.72	0.84	0.66	0.22	0.07	0.37	0.82	0.02	0.34	0.15	-0.15	0.94	0.73	0.84	0.24		0.86	0.84	0.74	0.0	0.34	0.28	-0.15	0.1	-0.07	0.16
Total Current Assets	0.82	0.6	0.75	0.14	0.32	0.31	0.56	0.29	0.28	0.02	0.1	0.88	0.93	0.84	0.25	0.86		0.81	0.89	-0.15	0.17	0.37	0.15	0.0	0.16	-0.13
Common Stock	0.44	0.78	0.73	-0.24	-0.2	-0.08	0.79	-0.23	-0.1	0.06	-0.28	0.94	0.84	0.98	0.35	0.84	0.81		0.52	0.12	0.34	0.0	-0.26	-0.29	-0.35	0.34
Net Receivables	0.85	0.35	0.64	0.38	0.47	0.51	0.32	0.45	0.47	-0.07	0.08	0.66	0.76	0.55	0.26	0.74	0.89	0.52		-0.19	0.02	0.57	0.27	0.23	0.34	-0.27
Common Stock Shares Outstanding	-0.37	0.09	-0.09	-0.25	-0.62	-0.31	0.14	-0.59	-0.3	-0.21	-0.57	-0.03	-0.1	0.02	-0.15	0.0	-0.15	0.12	-0.19		0.28	-0.27	-0.57	-0.32	-0.56	0.47
Short Term Debt	-0.12	0.41	0.33	0.23	-0.49	-0.36	0.39	-0.4	-0.36	0.13	-0.18	0.22	0.21	0.29	0.25	0.34	0.17	0.34	0.02	0.28		-0.13	-0.48	-0.56	-0.54	0.56
Accounts Payable	0.49	0.08	0.09	0.33	0.46	0.47	0.04	0.48	0.41	-0.3	0.17	0.2	0.27	0.04	0.1	0.28	0.37	0.0	0.57	-0.27	-0.13		0.47	0.13	0.43	-0.45
Intangible Assets	0.42	-0.24	-0.12	0.15	0.78	0.4	-0.28	0.83	0.4	-0.07	0.54	-0.1	0.14	-0.16	-0.11	-0.15	0.15	-0.26	0.27	-0.57	-0.48	0.47		0.3	0.78	-0.75
Current Deferred Revenue	0.48	-0.01	-0.26	0.51	0.57	0.81	-0.04	0.48	0.83	0.31	0.23	-0.04	-0.26	-0.26	-0.31	0.1	0.0	-0.29	0.23	-0.32	-0.56	0.13	0.3		0.61	-0.4
Retained Earnings	0.6	-0.17	-0.2	0.4	0.98	0.71	-0.25	0.96	0.71	0.15	0.73	-0.09	0.02	-0.24	-0.49	-0.07	0.16	-0.35	0.34	-0.56	-0.54	0.43	0.78	0.61		-0.91
Other Liab	-0.48	0.21	0.27	-0.22	-0.88	-0.58	0.31	-0.89	-0.57	0.07	-0.78	0.14	-0.01	0.25	0.56	0.16	-0.13	0.34	-0.27	0.47	0.56	-0.45	-0.75	-0.4	-0.91

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NELCO Account Relationship Matchups

NELCO fundamental ratios Accounts

	2020	2021	2022	2023	2024	2025 (projected)
Total Assets	2.5B	2.6B	2.6B	2.8B	3.2B	2.4B
Short Long Term Debt Total	896.2M	814.8M	631M	568.7M	511.8M	627.0M
Other Current Liab	204.4M	198.3M	196.8M	299.4M	269.5M	341.7M
Total Current Liabilities	1.3B	1.3B	1.2B	1.4B	1.6B	1.4B
Total Stockholder Equity	757.8M	890.5M	1.0B	1.2B	1.4B	1.5B
Property Plant And Equipment Net	1.1B	1.1B	920.9M	924.3M	1.1B	694.2M
Net Debt	804.6M	658.3M	469.4M	350.8M	315.7M	550.0M
Cash	91.6M	156.5M	161.6M	217.9M	250.6M	263.1M
Non Current Assets Total	1.5B	1.4B	1.2B	1.3B	1.5B	981.7M
Non Currrent Assets Other	442.6M	223.1M	135.7M	306.6M	352.6M	246.0M
Cash And Short Term Investments	91.6M	156.5M	200.9M	244.7M	281.4M	295.5M
Liabilities And Stockholders Equity	2.5B	2.6B	2.6B	2.8B	3.2B	2.4B
Non Current Liabilities Total	386M	410.4M	386.3M	190.2M	171.2M	162.6M
Inventory	113.8M	158.2M	212.7M	258.7M	232.8M	149.0M
Other Current Assets	44.4M	109.4M	161.3M	80.6M	72.5M	68.9M
Total Liab	1.7B	1.7B	1.6B	1.6B	1.4B	1.3B
Total Current Assets	993.5M	1.2B	1.4B	1.5B	1.4B	1.0B
Net Receivables	660.5M	811.8M	896.4M	931.6M	838.4M	651.3M
Short Term Debt	558.4M	404.8M	244.8M	378.5M	340.7M	442.0M
Accounts Payable	349.5M	534.9M	450.6M	352M	404.8M	405.0M
Intangible Assets	17.8M	39.4M	47.9M	46.2M	53.1M	55.8M
Current Deferred Revenue	409.4M	193.7M	298.3M	363.7M	418.3M	292.3M
Retained Earnings	503.4M	636.1M	790.5M	980.8M	1.1B	1.2B
Other Liab	35.1M	48.2M	400K	100K	90K	85.5K
Net Tangible Assets	639.4M	740M	851.1M	997.6M	1.1B	1.2B
Other Assets	428.4M	350.3M	268.2M	174.3M	200.4M	276.3M
Long Term Debt	151.4M	187.5M	186.2M	1.7M	2.0M	1.9M
Short Long Term Debt	373.3M	357.5M	193.2M	330.5M	297.5M	360.9M
Property Plant Equipment	1.2B	1.1B	1.1B	920.9M	1.1B	789.1M
Short Term Investments	166M	79.9M	39.3M	26.8M	30.8M	48.3M
Long Term Debt Total	357.4M	337.8M	410M	386.2M	444.1M	264.7M
Non Current Liabilities Other	1.1M	800K	400K	100K	90K	85.5K
Capital Lease Obligations	228M	269.8M	251.6M	236.5M	272.0M	176.3M
Net Invested Capital	1.3B	1.4B	1.4B	1.6B	1.8B	1.5B

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

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NELCO Free Cash Flow vs Change In Cash Analysis

Free Cash Flow vs Change In Cash

Free Cash Flow vs Change In Cash Correlation Analysis

Correlation Coefficient

Free Cash Flow

Change In Cash

NELCO fundamental ratios Correlations

NELCO Account Relationship Matchups

High Positive Relationship

High Negative Relationship

NELCO fundamental ratios Accounts

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Other Information on Investing in NELCO Stock

COMMON DESTINATIONS

MAIN CATEGORIES

COMPANY

Non Current Assets Total	+ 0.99	Property Plant And Equipment Net
Net Debt	+ 0.98	Short Long Term Debt Total
Retained Earnings	+ 0.98	Total Stockholder Equity
Common Stock	+ 0.98	Other Current Assets
Cash	+ 0.97	Total Stockholder Equity
Retained Earnings	+ 0.96	Cash

Other Liab	- 0.91	Retained Earnings
Other Liab	- 0.89	Cash
Other Liab	- 0.88	Total Stockholder Equity
Other Liab	- 0.78	Cash And Short Term Investments
Other Liab	- 0.75	Intangible Assets
Common Stock Shares Outstanding	- 0.62	Total Stockholder Equity