Natural Cash Conversion Cycle vs Free Cash Flow Analysis

NGS Stock

USD 27.76 0.23 0.84%

Natural Gas financial indicator trend analysis is infinitely more than just investigating Natural Gas Services recent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Natural Gas Services is a good investment. Please check the relationship between Natural Gas 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 Natural Gas Services. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in price.

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 Natural Gas Services 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 Natural Gas' Cash Conversion Cycle and Free Cash Flow is 0.18. 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 Natural Gas Services, assuming nothing else is changed. The correlation between historical values of Natural Gas' 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 Natural Gas Services 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., Natural Gas' Cash Conversion Cycle and Free Cash Flow go up and down completely randomly.

Correlation Coefficient

0.18

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

At this time, Natural Gas' Selling General Administrative is comparatively stable compared to the past year. Tax Provision is likely to gain to about 1.8 M in 2024, whereas Enterprise Value Multiple is likely to drop 9.44 in 2024.

	2021	2022	2023	2024 (projected)
Interest Expense	65K	364K	4.1M	4.3M
Depreciation And Amortization	25.4M	24.1M	26.6M	16.2M

Interest Expense Depreciation And Amortization

Natural Gas fundamental ratios Correlations

	Total Assets	Short Long Term Debt Total	Other Current Liab	Total Current Liabilities	Total Stockholder Equity	Property Plant And Equipment Net	Current Deferred Revenue	Net Debt	Retained Earnings	Accounts Payable	Cash	Non Current Assets Total	Non Currrent Assets Other	Other Assets	Long Term Debt	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
Total Assets		0.72	0.62	0.76	0.64	-0.08	-0.29	0.6	0.61	0.78	-0.04	0.98	0.73	0.06	0.74	-0.04	0.83	0.76	0.65	0.82	0.44	0.15	0.26	0.83	0.87	0.51
Short Long Term Debt Total	0.72		0.54	0.79	-0.04	-0.71	-0.34	0.96	-0.05	0.96	-0.45	0.79	0.98	-0.34	0.99	-0.45	0.94	0.18	-0.02	0.97	-0.12	-0.05	-0.23	0.97	0.82	-0.02
Other Current Liab	0.62	0.54		0.91	0.26	0.02	-0.33	0.57	0.24	0.64	-0.41	0.67	0.42	-0.19	0.57	-0.41	0.75	0.4	0.23	0.57	0.07	0.04	-0.18	0.63	0.84	0.04
Total Current Liabilities	0.76	0.79	0.91		0.18	-0.27	-0.22	0.8	0.15	0.88	-0.49	0.82	0.71	-0.31	0.81	-0.49	0.91	0.43	0.24	0.82	0.09	-0.01	-0.23	0.86	0.94	0.03
Total Stockholder Equity	0.64	-0.04	0.26	0.18		0.61	-0.11	-0.18	0.99	0.06	0.46	0.53	-0.01	0.54	0.0	0.46	0.17	0.92	0.92	0.1	0.69	0.29	0.61	0.12	0.34	0.78
Property Plant And Equipment Net	-0.08	-0.71	0.02	-0.27	0.61		0.15	-0.68	0.59	-0.58	0.33	-0.14	-0.73	0.45	-0.67	0.33	-0.46	0.44	0.58	-0.59	0.48	0.22	0.36	-0.55	-0.23	0.28
Current Deferred Revenue	-0.29	-0.34	-0.33	-0.22	-0.11	0.15		-0.3	-0.21	-0.28	0.06	-0.3	-0.3	-0.07	-0.34	0.06	-0.36	0.05	0.15	-0.29	0.25	-0.06	-0.12	-0.29	-0.34	-0.07
Net Debt	0.6	0.96	0.57	0.8	-0.18	-0.68	-0.3		-0.2	0.93	-0.68	0.73	0.92	-0.45	0.95	-0.68	0.91	0.08	-0.13	0.92	-0.23	-0.07	-0.42	0.92	0.8	-0.27
Retained Earnings	0.61	-0.05	0.24	0.15	0.99	0.59	-0.21	-0.2		0.04	0.5	0.49	-0.03	0.58	-0.02	0.5	0.15	0.87	0.86	0.08	0.63	0.29	0.64	0.09	0.31	0.8
Accounts Payable	0.78	0.96	0.64	0.88	0.06	-0.58	-0.28	0.93	0.04		-0.46	0.84	0.94	-0.35	0.96	-0.46	0.96	0.31	0.12	0.96	0.01	-0.07	-0.19	0.97	0.88	0.03
Cash	-0.04	-0.45	-0.41	-0.49	0.46	0.33	0.06	-0.68	0.5	-0.46		-0.25	-0.37	0.55	-0.45	1.0	-0.44	0.23	0.38	-0.39	0.4	0.1	0.75	-0.41	-0.4	0.81
Non Current Assets Total	0.98	0.79	0.67	0.82	0.53	-0.14	-0.3	0.73	0.49	0.84	-0.25		0.78	-0.04	0.81	-0.25	0.9	0.69	0.56	0.87	0.33	0.13	0.09	0.89	0.93	0.32
Non Currrent Assets Other	0.73	0.98	0.42	0.71	-0.01	-0.73	-0.3	0.92	-0.03	0.94	-0.37	0.78		-0.28	0.98	-0.37	0.9	0.21	0.03	0.97	-0.08	-0.03	-0.16	0.95	0.77	0.04
Other Assets	0.06	-0.34	-0.19	-0.31	0.54	0.45	-0.07	-0.45	0.58	-0.35	0.55	-0.04	-0.28		-0.27	0.55	-0.22	0.27	0.35	-0.35	0.0	0.42	0.3	-0.35	-0.11	0.44
Long Term Debt	0.74	0.99	0.57	0.81	0.0	-0.67	-0.34	0.95	-0.02	0.96	-0.45	0.81	0.98	-0.27		-0.45	0.96	0.21	0.01	0.97	-0.16	0.05	-0.26	0.97	0.85	0.0
Cash And Short Term Investments	-0.04	-0.45	-0.41	-0.49	0.46	0.33	0.06	-0.68	0.5	-0.46	1.0	-0.25	-0.37	0.55	-0.45		-0.44	0.23	0.38	-0.39	0.4	0.1	0.75	-0.41	-0.4	0.81
Net Receivables	0.83	0.94	0.75	0.91	0.17	-0.46	-0.36	0.91	0.15	0.96	-0.44	0.9	0.9	-0.22	0.96	-0.44		0.38	0.18	0.95	-0.03	0.02	-0.2	0.96	0.97	0.07
Common Stock Total Equity	0.76	0.18	0.4	0.43	0.92	0.44	0.05	0.08	0.87	0.31	0.23	0.69	0.21	0.27	0.21	0.23	0.38		0.95	0.34	0.72	0.19	0.42	0.36	0.52	0.68
Common Stock Shares Outstanding	0.65	-0.02	0.23	0.24	0.92	0.58	0.15	-0.13	0.86	0.12	0.38	0.56	0.03	0.35	0.01	0.38	0.18	0.95		0.16	0.82	0.21	0.55	0.18	0.34	0.71
Non Current Liabilities Total	0.82	0.97	0.57	0.82	0.1	-0.59	-0.29	0.92	0.08	0.96	-0.39	0.87	0.97	-0.35	0.97	-0.39	0.95	0.34	0.16		0.06	-0.03	-0.11	1.0	0.86	0.1
Inventory	0.44	-0.12	0.07	0.09	0.69	0.48	0.25	-0.23	0.63	0.01	0.4	0.33	-0.08	0.0	-0.16	0.4	-0.03	0.72	0.82	0.06		-0.07	0.74	0.06	0.08	0.65
Other Current Assets	0.15	-0.05	0.04	-0.01	0.29	0.22	-0.06	-0.07	0.29	-0.07	0.1	0.13	-0.03	0.42	0.05	0.1	0.02	0.19	0.21	-0.03	-0.07		-0.04	-0.02	0.03	0.19
Other Stockholder Equity	0.26	-0.23	-0.18	-0.23	0.61	0.36	-0.12	-0.42	0.64	-0.19	0.75	0.09	-0.16	0.3	-0.26	0.75	-0.2	0.42	0.55	-0.11	0.74	-0.04		-0.13	-0.14	0.8
Total Liab	0.83	0.97	0.63	0.86	0.12	-0.55	-0.29	0.92	0.09	0.97	-0.41	0.89	0.95	-0.35	0.97	-0.41	0.96	0.36	0.18	1.0	0.06	-0.02	-0.13		0.89	0.1
Property Plant And Equipment Gross	0.87	0.82	0.84	0.94	0.34	-0.23	-0.34	0.8	0.31	0.88	-0.4	0.93	0.77	-0.11	0.85	-0.4	0.97	0.52	0.34	0.86	0.08	0.03	-0.14	0.89		0.13
Total Current Assets	0.51	-0.02	0.04	0.03	0.78	0.28	-0.07	-0.27	0.8	0.03	0.81	0.32	0.04	0.44	0.0	0.81	0.07	0.68	0.71	0.1	0.65	0.19	0.8	0.1	0.13

Click cells to compare fundamentals

Natural Gas Account Relationship Matchups

Natural Gas fundamental ratios Accounts

	2019	2020	2021	2022	2023	2024 (projected)
Total Assets	286.6M	306.8M	298.5M	328.2M	478.7M	502.7M
Short Long Term Debt Total	1.0M	900K	285K	25.3M	164M	172.2M
Other Current Liab	2.3M	6.7M	14.1M	23.7M	15.1M	15.8M
Total Current Liabilities	5.5M	10.9M	20.3M	30.4M	32.7M	34.3M
Total Stockholder Equity	247.7M	251.5M	235.9M	230.1M	235.9M	174.9M
Property Plant And Equipment Net	240.2M	229.8M	228.1M	269.0M	20.6M	19.5M
Current Deferred Revenue	640K	1.1M	1.3M	37K	42.6K	40.4K
Net Debt	(10.6M)	(28.0M)	(22.7M)	22.0M	161.3M	169.3M
Retained Earnings	137.5M	139.3M	130.1M	129.5M	134.3M	88.5M
Accounts Payable	2.0M	2.4M	4.8M	6.5M	17.6M	18.5M
Cash	11.6M	28.9M	22.9M	3.4M	2.7M	2.6M
Non Current Assets Total	244.2M	234.1M	233.4M	274.1M	402.5M	422.6M
Non Currrent Assets Other	2.7M	3.1M	4.3M	(35.6M)	381.1M	400.2M
Other Assets	220.4M	211.2M	211.3M	4.2M	4.9M	4.6M
Cash And Short Term Investments	11.6M	28.9M	22.9M	3.4M	2.7M	2.6M
Net Receivables	9.1M	11.9M	21.9M	26.2M	50.7M	53.3M
Common Stock Total Equity	130K	132K	133K	134K	154.1K	120.0K
Common Stock Shares Outstanding	13.1M	13.3M	13.1M	12.3M	12.4M	12.1M
Liabilities And Stockholders Equity	286.6M	306.8M	298.5M	328.2M	478.7M	502.7M
Non Current Liabilities Total	33.4M	44.4M	42.3M	67.8M	210.1M	220.6M
Inventory	21.1M	19.9M	19.3M	23.4M	21.6M	22.4M
Other Current Assets	637K	12.0M	905K	1.2M	1.2M	1.6M
Other Stockholder Equity	110.1M	112.1M	105.7M	100.4M	101.5M	128.6M
Total Liab	38.9M	55.3M	62.6M	98.2M	242.8M	255.0M
Property Plant And Equipment Gross	240.2M	229.8M	417M	464.4M	603.6M	633.8M
Total Current Assets	42.4M	72.7M	65.1M	54.1M	76.3M	58.5M
Short Term Debt	606K	615K	68K	155K	365K	346.8K
Intangible Assets	1.3M	1.2M	1.0M	900K	775K	736.3K
Common Stock	132K	133K	134K	135K	137K	122.6K
Property Plant Equipment	22.9M	22.2M	21.1M	269.0M	309.3M	324.8M
Other Liab	33.6M	33.0M	44.1M	42.1M	48.4M	50.8M
Net Tangible Assets	248.7M	246.4M	250.4M	234.9M	270.1M	235.2M
Retained Earnings Total Equity	152.3M	137.5M	139.3M	130.1M	149.6M	123.1M
Capital Surpluse	110.6M	112.6M	114.0M	115.4M	132.7M	112.5M
Deferred Long Term Liab	32.2M	31.2M	41.9M	39.3M	35.4M	30.5M
Non Current Liabilities Other	2.1M	2.2M	3.0M	2.8M	4.5M	4.7M

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 Natural Stock Analysis

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