Natural Payout Ratio vs Capex To Operating Cash Flow Analysis

NGS Stock

USD 27.53 0.15 0.54%

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 Payout Ratio and its Capex To Operating 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.

Payout Ratio vs Capex To Operating Cash Flow

Payout Ratio vs Capex To Operating Cash Flow Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Natural Gas Services Payout Ratio account and Capex To Operating Cash Flow. At this time, the significance of the direction appears to have very week relationship.

The correlation between Natural Gas' Payout Ratio and Capex To Operating Cash Flow is 0.24. Overlapping area represents the amount of variation of Payout Ratio that can explain the historical movement of Capex To Operating 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' Payout Ratio and Capex To Operating 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 Payout Ratio of Natural Gas Services are associated (or correlated) with its Capex To Operating Cash Flow. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Capex To Operating Cash Flow has no effect on the direction of Payout Ratio i.e., Natural Gas' Payout Ratio and Capex To Operating Cash Flow go up and down completely randomly.

Correlation Coefficient

0.24

Relationship Direction	Positive
Relationship Strength	Very Weak

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Payout Ratio

Payout Ratio is the proportion of Natural Gas Services earnings paid out as dividends to shareholders. Payout Ratio is typically expressed as a percentage but can be shown as dividends paid out as a proportion of cash flow. The payout ratio is used to determine the sustainability of Natural Gas Services dividend payments. A lower payout ratio is generally preferable to a higher payout ratio, with a ratio greater than 100% indicating Natural Gas Services is paying out more in dividends than it makes in net income.

Capex To Operating Cash Flow

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

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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

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