Ingevity Free Cash Flow vs Capital Expenditures Analysis

NGVT Stock

USD 48.57 0.84 1.76%

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

For more information on how to buy Ingevity Stock please use our How to Invest in Ingevity Corp guide.

Free Cash Flow vs Capital Expenditures

Free Cash Flow vs Capital Expenditures Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Ingevity Corp Free Cash Flow account and Capital Expenditures. At this time, the significance of the direction appears to have weak relationship.

The correlation between Ingevity Corp's Free Cash Flow and Capital Expenditures is 0.36. Overlapping area represents the amount of variation of Free Cash Flow that can explain the historical movement of Capital Expenditures in the same time period over historical financial statements of Ingevity Corp, assuming nothing else is changed. The correlation between historical values of Ingevity Corp's Free Cash Flow and Capital Expenditures 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 Ingevity Corp are associated (or correlated) with its Capital Expenditures. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Capital Expenditures has no effect on the direction of Free Cash Flow i.e., Ingevity Corp's Free Cash Flow and Capital Expenditures go up and down completely randomly.

Correlation Coefficient

0.36

Relationship Direction	Positive
Relationship Strength	Very 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.

Capital Expenditures

Capital Expenditures are funds used by Ingevity Corp to acquire physical assets such as property, industrial buildings or equipment. This type of outlay is used by management to increase the scope of Ingevity Corp operations. These expenditures can include everything from repairing an office equipment, building a brand new facility, or writing new software.

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

For more information on how to buy Ingevity Stock please use our How to Invest in Ingevity Corp guide.Sales General And Administrative To Revenue is likely to gain to 0.13 in 2024, whereas Selling General Administrative is likely to drop slightly above 159.8 M in 2024.

	2021	2022	2023	2024 (projected)
Interest Expense	47.7M	54.3M	93.3M	98.0M
Depreciation And Amortization	127.2M	124.9M	122.8M	77.7M

Interest Expense Depreciation And Amortization

Ingevity Corp fundamental ratios Correlations

	Common Stock Shares Outstanding	Total Assets	Short Long Term Debt Total	Other Current Liab	Total Current Liabilities	Total Stockholder Equity	Property Plant And Equipment Net	Net Debt	Accounts Payable	Cash	Non Current Assets Total	Non Currrent Assets Other	Cash And Short Term Investments	Net Receivables	Good Will	Non Current Liabilities Total	Inventory	Other Current Assets	Other Stockholder Equity	Total Liab	Property Plant And Equipment Gross	Total Current Assets	Intangible Assets	Common Stock	Other Liab	Net Tangible Assets
Common Stock Shares Outstanding		-0.54	-0.51	-0.46	-0.63	-0.51	-0.59	-0.53	-0.65	-0.26	-0.54	-0.45	-0.26	-0.64	-0.73	-0.51	-0.62	-0.7	0.73	-0.53	-0.64	-0.55	-0.48	0.39	-0.55	0.59
Total Assets	-0.54		0.98	0.95	0.95	0.85	0.99	0.97	0.88	0.7	1.0	0.94	0.7	0.89	0.95	0.99	0.92	0.36	-0.85	0.99	0.91	0.97	0.98	-0.72	0.95	-0.92
Short Long Term Debt Total	-0.51	0.98		0.94	0.94	0.75	0.98	0.99	0.85	0.68	0.98	0.89	0.68	0.84	0.92	1.0	0.91	0.43	-0.84	1.0	0.87	0.95	0.97	-0.81	0.92	-0.96
Other Current Liab	-0.46	0.95	0.94		0.88	0.76	0.91	0.92	0.82	0.71	0.94	0.91	0.71	0.79	0.9	0.95	0.84	0.29	-0.73	0.95	0.83	0.92	0.94	-0.78	0.86	-0.92
Total Current Liabilities	-0.63	0.95	0.94	0.88		0.76	0.96	0.95	0.95	0.58	0.94	0.82	0.58	0.9	0.9	0.94	0.95	0.54	-0.84	0.95	0.95	0.93	0.9	-0.71	0.91	-0.88
Total Stockholder Equity	-0.51	0.85	0.75	0.76	0.76		0.84	0.73	0.75	0.64	0.85	0.87	0.64	0.83	0.83	0.78	0.76	0.08	-0.7	0.78	0.81	0.84	0.85	-0.28	0.83	-0.65
Property Plant And Equipment Net	-0.59	0.99	0.98	0.91	0.96	0.84		0.97	0.9	0.67	0.98	0.89	0.67	0.88	0.94	0.98	0.95	0.45	-0.9	0.98	0.91	0.97	0.95	-0.71	0.94	-0.92
Net Debt	-0.53	0.97	0.99	0.92	0.95	0.73	0.97		0.88	0.58	0.98	0.85	0.58	0.87	0.92	0.99	0.94	0.48	-0.84	0.99	0.87	0.92	0.96	-0.8	0.89	-0.96
Accounts Payable	-0.65	0.88	0.85	0.82	0.95	0.75	0.9	0.88		0.45	0.88	0.82	0.45	0.96	0.84	0.86	0.95	0.51	-0.78	0.88	0.95	0.87	0.82	-0.6	0.83	-0.79
Cash	-0.26	0.7	0.68	0.71	0.58	0.64	0.67	0.58	0.45		0.67	0.78	1.0	0.39	0.63	0.7	0.49	0.06	-0.57	0.69	0.56	0.81	0.66	-0.58	0.77	-0.58
Non Current Assets Total	-0.54	1.0	0.98	0.94	0.94	0.85	0.98	0.98	0.88	0.67		0.93	0.67	0.89	0.95	0.99	0.92	0.35	-0.83	0.99	0.9	0.96	0.99	-0.71	0.93	-0.93
Non Currrent Assets Other	-0.45	0.94	0.89	0.91	0.82	0.87	0.89	0.85	0.82	0.78	0.93		0.78	0.84	0.88	0.92	0.81	0.14	-0.72	0.91	0.84	0.94	0.92	-0.61	0.9	-0.81
Cash And Short Term Investments	-0.26	0.7	0.68	0.71	0.58	0.64	0.67	0.58	0.45	1.0	0.67	0.78		0.39	0.63	0.7	0.49	0.06	-0.57	0.69	0.56	0.81	0.66	-0.58	0.77	-0.58
Net Receivables	-0.64	0.89	0.84	0.79	0.9	0.83	0.88	0.87	0.96	0.39	0.89	0.84	0.39		0.85	0.85	0.93	0.39	-0.76	0.86	0.93	0.84	0.86	-0.49	0.81	-0.77
Good Will	-0.73	0.95	0.92	0.9	0.9	0.83	0.94	0.92	0.84	0.63	0.95	0.88	0.63	0.85		0.93	0.86	0.44	-0.86	0.93	0.85	0.9	0.94	-0.68	0.87	-0.94
Non Current Liabilities Total	-0.51	0.99	1.0	0.95	0.94	0.78	0.98	0.99	0.86	0.7	0.99	0.92	0.7	0.85	0.93		0.91	0.39	-0.84	1.0	0.88	0.96	0.97	-0.79	0.93	-0.95
Inventory	-0.62	0.92	0.91	0.84	0.95	0.76	0.95	0.94	0.95	0.49	0.92	0.81	0.49	0.93	0.86	0.91		0.56	-0.9	0.92	0.94	0.91	0.86	-0.68	0.89	-0.85
Other Current Assets	-0.7	0.36	0.43	0.29	0.54	0.08	0.45	0.48	0.51	0.06	0.35	0.14	0.06	0.39	0.44	0.39	0.56		-0.66	0.41	0.44	0.38	0.26	-0.59	0.33	-0.52
Other Stockholder Equity	0.73	-0.85	-0.84	-0.73	-0.84	-0.7	-0.9	-0.84	-0.78	-0.57	-0.83	-0.72	-0.57	-0.76	-0.86	-0.84	-0.9	-0.66		-0.84	-0.83	-0.86	-0.77	0.67	-0.87	0.83
Total Liab	-0.53	0.99	1.0	0.95	0.95	0.78	0.98	0.99	0.88	0.69	0.99	0.91	0.69	0.86	0.93	1.0	0.92	0.41	-0.84		0.9	0.96	0.97	-0.79	0.93	-0.95
Property Plant And Equipment Gross	-0.64	0.91	0.87	0.83	0.95	0.81	0.91	0.87	0.95	0.56	0.9	0.84	0.56	0.93	0.85	0.88	0.94	0.44	-0.83	0.9		0.91	0.84	-0.57	0.93	-0.77
Total Current Assets	-0.55	0.97	0.95	0.92	0.93	0.84	0.97	0.92	0.87	0.81	0.96	0.94	0.81	0.84	0.9	0.96	0.91	0.38	-0.86	0.96	0.91		0.92	-0.72	0.97	-0.87
Intangible Assets	-0.48	0.98	0.97	0.94	0.9	0.85	0.95	0.96	0.82	0.66	0.99	0.92	0.66	0.86	0.94	0.97	0.86	0.26	-0.77	0.97	0.84	0.92		-0.68	0.89	-0.92
Common Stock	0.39	-0.72	-0.81	-0.78	-0.71	-0.28	-0.71	-0.8	-0.6	-0.58	-0.71	-0.61	-0.58	-0.49	-0.68	-0.79	-0.68	-0.59	0.67	-0.79	-0.57	-0.72	-0.68		-0.65	0.86
Other Liab	-0.55	0.95	0.92	0.86	0.91	0.83	0.94	0.89	0.83	0.77	0.93	0.9	0.77	0.81	0.87	0.93	0.89	0.33	-0.87	0.93	0.93	0.97	0.89	-0.65		-0.82
Net Tangible Assets	0.59	-0.92	-0.96	-0.92	-0.88	-0.65	-0.92	-0.96	-0.79	-0.58	-0.93	-0.81	-0.58	-0.77	-0.94	-0.95	-0.85	-0.52	0.83	-0.95	-0.77	-0.87	-0.92	0.86	-0.82

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Ingevity Corp Account Relationship Matchups

Ingevity Corp fundamental ratios Accounts

	2019	2020	2021	2022	2023	2024 (projected)
Common Stock Shares Outstanding	42.2M	41.5M	40.1M	38.5M	36.5M	33.0M
Total Assets	2.1B	2.3B	2.5B	2.7B	2.6B	1.7B
Short Long Term Debt Total	1.3B	1.3B	1.3B	1.5B	1.5B	884.8M
Other Current Liab	83.1M	72.6M	91.4M	85.9M	73.5M	65.0M
Total Current Liabilities	215.5M	223.4M	268.9M	303.5M	362.9M	219.0M
Total Stockholder Equity	530.8M	647.3M	673.8M	698.3M	631.4M	519.4M
Property Plant And Equipment Net	664.7M	703.6M	719.7M	798.6M	829.4M	627.5M
Net Debt	1.2B	1.0B	974.6M	1.4B	1.4B	767.9M
Accounts Payable	99.1M	104.2M	125.8M	174.8M	158.4M	115.1M
Cash	56.5M	257.7M	275.4M	76.7M	95.9M	102.2M
Non Current Assets Total	1.7B	1.7B	1.7B	2.1B	2.0B	1.2B
Non Currrent Assets Other	103.7M	183.6M	202.7M	220.1M	111.7M	91.6M
Cash And Short Term Investments	56.5M	257.7M	275.4M	76.7M	95.9M	102.2M
Net Receivables	150M	148M	161.7M	249.3M	211M	155.8M
Good Will	439M	445.3M	442M	518.5M	527.5M	553.9M
Liabilities And Stockholders Equity	2.1B	2.3B	2.5B	2.7B	2.6B	1.7B
Non Current Liabilities Total	1.4B	1.5B	1.5B	1.7B	1.6B	1.0B
Inventory	212.5M	189M	241.2M	335M	308.8M	217.3M
Other Current Assets	34.9M	6.5M	6.1M	22.3M	42.3M	44.4M
Other Stockholder Equity	38.2M	(35.8M)	(135.8M)	(263M)	(344.6M)	(327.4M)
Total Liab	1.6B	1.7B	1.8B	2.0B	2.0B	1.2B
Property Plant And Equipment Gross	718.1M	752.7M	1.5B	1.6B	1.7B	878.9M
Total Current Assets	463.2M	628.7M	724.9M	679M	658.6M	504.0M
Accumulated Other Comprehensive Income	(5M)	4.7M	13.1M	(46.8M)	(26.7M)	(28.0M)
Intangible Assets	396.2M	373.3M	337.6M	404.8M	385.3M	211.4M
Other Liab	126.4M	196.4M	276.3M	221.4M	254.6M	133.8M
Net Tangible Assets	(324.5M)	(176.5M)	(105.8M)	(280M)	(252M)	(239.4M)
Current Deferred Revenue	(6.3M)	4.4M	14.7M	6.8M	47.7M	50.1M
Other Assets	100.9M	146M	291.4M	268.3M	232.9M	145.9M
Long Term Debt	1.2B	1.3B	1.3B	1.5B	1.4B	927.7M
Short Long Term Debt	22.5M	26M	19.6M	900K	84.4M	88.6M
Short Term Debt	39.6M	42.2M	37M	33.9M	121.8M	127.9M
Property Plant Equipment	719.3M	703.6M	719.7M	855.3M	983.6M	639.3M
Retained Earnings	497.2M	678M	796.1M	1.0B	1.0B	546.3M
Long Term Debt Total	741.2M	1.2B	1.3B	1.3B	1.4B	863.1M
Deferred Long Term Liab	2.5M	117M	114.6M	5.1M	5.9M	5.6M
Retained Earnings Total Equity	313.5M	497.2M	678M	796.1M	915.5M	961.3M
Short Term Investments	1.8M	700K	400K	200K	180K	171K
Capital Surpluse	98.3M	112.8M	121.3M	136.3M	156.7M	114.5M

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