New Book Value Per Share vs Free Cash Flow Yield Analysis

NSE Stock

CAD 0.72 0.02 2.86%

New Stratus financial indicator trend analysis is infinitely more than just investigating New Stratus Energy recent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether New Stratus Energy is a good investment. Please check the relationship between New Stratus Book Value Per Share and its Free Cash Flow Yield accounts. Check out Correlation Analysis to better understand how to build diversified portfolios, which includes a position in New Stratus Energy. 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.

Book Value Per Share vs Free Cash Flow Yield

Book Value Per Share vs Free Cash Flow Yield Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of New Stratus Energy Book Value Per Share account and Free Cash Flow Yield. At this time, the significance of the direction appears to have significant contrarian relationship.

The correlation between New Stratus' Book Value Per Share and Free Cash Flow Yield is -0.21. Overlapping area represents the amount of variation of Book Value Per Share that can explain the historical movement of Free Cash Flow Yield in the same time period over historical financial statements of New Stratus Energy, assuming nothing else is changed. The correlation between historical values of New Stratus' Book Value Per Share and Free Cash Flow Yield is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Book Value Per Share of New Stratus Energy are associated (or correlated) with its Free Cash Flow Yield. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Free Cash Flow Yield has no effect on the direction of Book Value Per Share i.e., New Stratus' Book Value Per Share and Free Cash Flow Yield go up and down completely randomly.

Correlation Coefficient

-0.21

Relationship Direction	Negative
Relationship Strength	Insignificant

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Book Value Per Share

The ratio of equity available to common shareholders divided by the number of outstanding shares. This measure represents the value per share of a company according to its financial statements.

Free Cash Flow Yield

A financial solvency ratio that compares the free cash flow per share a company is expected to earn against its market value per share, calculated as free cash flow per share divided by market price per share.

Most indicators from New Stratus' fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into New Stratus Energy 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 New Stratus Energy. 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.

At this time, New Stratus' Selling General Administrative is fairly stable compared to the past year. Enterprise Value is likely to climb to about 66.7 M in 2024, whereas Tax Provision is likely to drop 4,242 in 2024.

New Stratus fundamental ratios Correlations

	Total Assets	Total Current Liabilities	Total Stockholder Equity	Property Plant And Equipment Net	Net Debt	Retained Earnings	Accounts Payable	Cash	Non Current Assets Total	Cash And Short Term Investments	Net Receivables	Common Stock Shares Outstanding	Non Current Liabilities Total	Other Stockholder Equity	Total Liab	Total Current Assets	Other Current Liab	Other Current Assets	Non Currrent Assets Other	Inventory	Common Stock	Short Long Term Debt Total	Short Term Debt	Other Liab	Net Tangible Assets	Short Term Investments
Total Assets		0.78	0.95	-0.02	-0.79	0.2	0.84	0.76	0.01	0.76	0.88	0.85	0.64	-0.19	0.98	1.0	0.78	0.96	-0.01	0.73	0.84	-0.61	-0.61	0.54	0.91	-0.46
Total Current Liabilities	0.78		0.55	0.07	-0.25	0.35	0.99	0.19	0.11	0.19	0.98	0.41	0.02	-0.11	0.87	0.77	1.0	0.93	0.4	1.0	0.36	-0.32	-0.32	0.27	0.46	0.03
Total Stockholder Equity	0.95	0.55		0.01	-0.92	0.13	0.64	0.9	0.03	0.9	0.69	0.91	0.83	-0.19	0.88	0.95	0.55	0.82	-0.21	0.5	0.93	-0.66	-0.66	0.58	0.98	-0.62
Property Plant And Equipment Net	-0.02	0.07	0.01		0.21	0.42	0.04	-0.21	1.0	-0.21	0.03	-0.24	-0.19	0.4	-0.04	-0.09	0.07	-0.01	0.32	0.09	-0.19	0.14	0.14	-0.31	-0.17	0.18
Net Debt	-0.79	-0.25	-0.92	0.21		0.1	-0.36	-0.98	0.2	-0.98	-0.42	-0.93	-0.96	0.25	-0.68	-0.8	-0.24	-0.59	0.42	-0.18	-0.95	0.67	0.67	-0.62	-0.96	0.65
Retained Earnings	0.2	0.35	0.13	0.42	0.1		0.29	-0.11	0.44	-0.11	0.33	-0.23	-0.16	0.2	0.23	0.17	0.36	0.28	0.26	0.39	-0.22	0.25	0.25	-0.52	0.0	0.13
Accounts Payable	0.84	0.99	0.64	0.04	-0.36	0.29		0.3	0.08	0.3	0.99	0.52	0.14	-0.14	0.92	0.84	0.98	0.96	0.34	0.97	0.46	-0.43	-0.43	0.35	0.55	-0.02
Cash	0.76	0.19	0.9	-0.21	-0.98	-0.11	0.3		-0.21	1.0	0.36	0.92	0.98	-0.22	0.64	0.77	0.19	0.54	-0.44	0.12	0.96	-0.63	-0.63	0.61	0.96	-0.77
Non Current Assets Total	0.01	0.11	0.03	1.0	0.2	0.44	0.08	-0.21		-0.21	0.07	-0.23	-0.2	0.41	0.0	-0.06	0.12	0.03	0.33	0.13	-0.18	0.16	0.16	-0.32	-0.15	0.18
Cash And Short Term Investments	0.76	0.19	0.9	-0.21	-0.98	-0.11	0.3	1.0	-0.21		0.36	0.92	0.98	-0.22	0.64	0.77	0.19	0.54	-0.44	0.12	0.96	-0.63	-0.63	0.61	0.96	-0.77
Net Receivables	0.88	0.98	0.69	0.03	-0.42	0.33	0.99	0.36	0.07	0.36		0.56	0.2	-0.16	0.95	0.87	0.98	0.98	0.29	0.97	0.51	-0.43	-0.43	0.36	0.61	-0.1
Common Stock Shares Outstanding	0.85	0.41	0.91	-0.24	-0.93	-0.23	0.52	0.92	-0.23	0.92	0.56		0.86	-0.44	0.77	0.86	0.41	0.7	-0.38	0.35	0.98	-0.8	-0.8	0.83	0.95	-0.63
Non Current Liabilities Total	0.64	0.02	0.83	-0.19	-0.96	-0.16	0.14	0.98	-0.2	0.98	0.2	0.86		-0.18	0.5	0.65	0.02	0.39	-0.5	-0.05	0.91	-0.58	-0.58	0.56	0.9	-0.79
Other Stockholder Equity	-0.19	-0.11	-0.19	0.4	0.25	0.2	-0.14	-0.22	0.41	-0.22	-0.16	-0.44	-0.18		-0.18	-0.22	-0.12	-0.18	0.51	-0.11	-0.28	0.57	0.57	-0.74	-0.24	0.12
Total Liab	0.98	0.87	0.88	-0.04	-0.68	0.23	0.92	0.64	0.0	0.64	0.95	0.77	0.5	-0.18		0.98	0.87	0.99	0.1	0.84	0.75	-0.56	-0.56	0.5	0.83	-0.35
Total Current Assets	1.0	0.77	0.95	-0.09	-0.8	0.17	0.84	0.77	-0.06	0.77	0.87	0.86	0.65	-0.22	0.98		0.77	0.95	-0.03	0.72	0.85	-0.62	-0.62	0.56	0.92	-0.47
Other Current Liab	0.78	1.0	0.55	0.07	-0.24	0.36	0.98	0.19	0.12	0.19	0.98	0.41	0.02	-0.12	0.87	0.77		0.93	0.39	1.0	0.35	-0.33	-0.33	0.27	0.45	0.03
Other Current Assets	0.96	0.93	0.82	-0.01	-0.59	0.28	0.96	0.54	0.03	0.54	0.98	0.7	0.39	-0.18	0.99	0.95	0.93		0.17	0.9	0.66	-0.52	-0.52	0.45	0.76	-0.26
Non Currrent Assets Other	-0.01	0.4	-0.21	0.32	0.42	0.26	0.34	-0.44	0.33	-0.44	0.29	-0.38	-0.5	0.51	0.1	-0.03	0.39	0.17		0.42	-0.36	0.39	0.39	-0.41	-0.29	0.4
Inventory	0.73	1.0	0.5	0.09	-0.18	0.39	0.97	0.12	0.13	0.12	0.97	0.35	-0.05	-0.11	0.84	0.72	1.0	0.9	0.42		0.29	-0.29	-0.29	0.22	0.39	0.1
Common Stock	0.84	0.36	0.93	-0.19	-0.95	-0.22	0.46	0.96	-0.18	0.96	0.51	0.98	0.91	-0.28	0.75	0.85	0.35	0.66	-0.36	0.29		-0.74	-0.74	0.75	0.97	-0.73
Short Long Term Debt Total	-0.61	-0.32	-0.66	0.14	0.67	0.25	-0.43	-0.63	0.16	-0.63	-0.43	-0.8	-0.58	0.57	-0.56	-0.62	-0.33	-0.52	0.39	-0.29	-0.74		1.0	-0.77	-0.67	0.41
Short Term Debt	-0.61	-0.32	-0.66	0.14	0.67	0.25	-0.43	-0.63	0.16	-0.63	-0.43	-0.8	-0.58	0.57	-0.56	-0.62	-0.33	-0.52	0.39	-0.29	-0.74	1.0		-0.77	-0.67	0.41
Other Liab	0.54	0.27	0.58	-0.31	-0.62	-0.52	0.35	0.61	-0.32	0.61	0.36	0.83	0.56	-0.74	0.5	0.56	0.27	0.45	-0.41	0.22	0.75	-0.77	-0.77		0.63	-0.45
Net Tangible Assets	0.91	0.46	0.98	-0.17	-0.96	0.0	0.55	0.96	-0.15	0.96	0.61	0.95	0.9	-0.24	0.83	0.92	0.45	0.76	-0.29	0.39	0.97	-0.67	-0.67	0.63		-0.68
Short Term Investments	-0.46	0.03	-0.62	0.18	0.65	0.13	-0.02	-0.77	0.18	-0.77	-0.1	-0.63	-0.79	0.12	-0.35	-0.47	0.03	-0.26	0.4	0.1	-0.73	0.41	0.41	-0.45	-0.68

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New Stratus Account Relationship Matchups

New Stratus fundamental ratios Accounts

	2019	2020	2021	2022	2023	2024 (projected)
Total Assets	943.2K	2.1M	104.2M	48.7M	56.0M	58.8M
Total Current Liabilities	1.9M	860.0K	72.4M	3.9M	4.5M	5.9M
Total Stockholder Equity	(961.8K)	1.2M	28.3M	22.1M	25.4M	26.6M
Net Debt	(141.0K)	(867.4K)	(15.5M)	(33.6M)	(30.3M)	(28.7M)
Retained Earnings	(18.5M)	(19.6M)	(4.8M)	(15.0M)	(13.5M)	(14.2M)
Accounts Payable	1.2M	500.4K	11.5M	1.9M	2.2M	1.5M
Cash	252.9K	867.4K	15.5M	33.6M	38.7M	40.6M
Non Current Assets Total	660.1K	1.1M	2.6M	636.4K	572.7K	544.1K
Cash And Short Term Investments	252.9K	867.4K	15.5M	33.6M	38.7M	40.6M
Net Receivables	25.0K	41.6K	53.3M	7.5M	8.6M	9.0M
Common Stock Shares Outstanding	37.8M	54.1M	108.1M	121.9M	123.0M	129.1M
Liabilities And Stockholders Equity	943.2K	2.1M	104.2M	48.7M	56.0M	58.8M
Other Stockholder Equity	1.3M	2.3M	4.3M	4.3M	3.9M	5.0M
Total Liab	1.9M	860.0K	75.9M	26.6M	30.6M	32.1M
Total Current Assets	283.1K	913.8K	101.5M	48.0M	55.2M	58.0M
Other Current Liab	594.8K	359.6K	60.9M	2.0M	2.3M	4.5M
Other Current Assets	5.2K	4.8K	26.7M	6.9M	8.0M	8.4M
Accumulated Other Comprehensive Income	(8.1K)	(930.0)	(371.1K)	965.0K	1.1M	1.2M
Non Currrent Assets Other	1.4K	1.2K	400.9K	7.1K	6.4K	6.0K
Common Stock	16.2M	18.5M	29.2M	31.8M	36.6M	38.4M
Net Invested Capital	(850.0K)	1.2M	28.3M	22.1M	25.4M	26.6M
Capital Stock	16.2M	18.5M	29.2M	31.8M	36.6M	24.2M
Net Working Capital	(1.6M)	53.8K	29.1M	44.1M	50.7M	53.2M

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