Oneconnect Free Cash Flow Yield vs Days Of Inventory On Hand Analysis

OCFT Stock  USD 2.46  0.10  4.24%   
Oneconnect Financial financial indicator trend analysis is much more than just breaking down Oneconnect Financial prevalent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Oneconnect Financial is a good investment. Please check the relationship between Oneconnect Financial Free Cash Flow Yield and its Days Of Inventory On Hand accounts. Check out Your Equity Center to better understand how to build diversified portfolios, which includes a position in Oneconnect Financial Technology. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in census.

Free Cash Flow Yield vs Days Of Inventory On Hand

Free Cash Flow Yield vs Days Of Inventory On Hand Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Oneconnect Financial Free Cash Flow Yield account and Days Of Inventory On Hand. At this time, the significance of the direction appears to have no relationship.
The correlation between Oneconnect Financial's Free Cash Flow Yield and Days Of Inventory On Hand is 0.06. Overlapping area represents the amount of variation of Free Cash Flow Yield that can explain the historical movement of Days Of Inventory On Hand in the same time period over historical financial statements of Oneconnect Financial Technology, assuming nothing else is changed. The correlation between historical values of Oneconnect Financial's Free Cash Flow Yield and Days Of Inventory On Hand 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 Yield of Oneconnect Financial Technology are associated (or correlated) with its Days Of Inventory On Hand. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Days Of Inventory On Hand has no effect on the direction of Free Cash Flow Yield i.e., Oneconnect Financial's Free Cash Flow Yield and Days Of Inventory On Hand go up and down completely randomly.

Correlation Coefficient

0.06
Relationship DirectionPositive 
Relationship StrengthInsignificant

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.

Days Of Inventory On Hand

Most indicators from Oneconnect Financial's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Oneconnect Financial 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 Your Equity Center to better understand how to build diversified portfolios, which includes a position in Oneconnect Financial Technology. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in census.
Selling General Administrative is likely to gain to about 715.8 M in 2024, whereas Tax Provision is likely to drop (7.1 M) in 2024.
 2021 2022 2023 2024 (projected)
Interest Expense76.6M37.2M19.5M18.6M
Depreciation And Amortization438.7M281.4M201.3M239.7M

Oneconnect Financial fundamental ratios Correlations

0.110.420.981.00.970.990.40.6-0.25-0.810.570.650.880.460.690.920.820.830.330.940.450.78-0.330.330.45
0.11-0.54-0.050.15-0.010.080.84-0.690.860.47-0.15-0.21-0.27-0.63-0.54-0.09-0.32-0.33-0.520.050.820.37-0.520.52-0.58
0.42-0.540.490.40.50.46-0.430.77-0.53-0.7-0.180.30.570.650.640.460.340.660.890.49-0.390.010.24-0.240.95
0.98-0.050.490.960.980.970.270.73-0.34-0.890.60.610.930.60.790.910.870.880.420.940.30.69-0.230.230.53
1.00.150.40.960.970.990.420.56-0.23-0.790.550.680.860.410.670.930.80.820.30.920.490.81-0.350.350.42
0.97-0.010.50.980.970.990.270.69-0.34-0.880.560.650.950.560.810.890.830.930.440.890.330.75-0.330.340.53
0.990.080.460.970.990.990.350.62-0.29-0.830.540.680.90.480.740.930.810.880.370.920.420.77-0.310.310.48
0.40.84-0.430.270.420.270.35-0.430.650.160.23-0.060.08-0.55-0.230.210.12-0.05-0.580.40.960.71-0.540.54-0.34
0.6-0.690.770.730.560.690.62-0.43-0.77-0.940.430.50.840.910.910.640.760.850.770.61-0.410.180.15-0.150.81
-0.250.86-0.53-0.34-0.23-0.34-0.290.65-0.770.69-0.42-0.68-0.51-0.64-0.74-0.5-0.6-0.59-0.47-0.210.510.02-0.410.41-0.53
-0.810.47-0.7-0.89-0.79-0.88-0.830.16-0.940.69-0.55-0.66-0.95-0.81-0.93-0.83-0.88-0.94-0.65-0.770.11-0.470.06-0.06-0.75
0.57-0.15-0.180.60.550.560.540.230.43-0.42-0.550.540.620.310.560.590.850.5-0.190.480.250.61-0.230.23-0.02
0.65-0.210.30.610.680.650.68-0.060.5-0.68-0.660.540.590.360.630.850.680.660.20.490.170.470.05-0.050.23
0.88-0.270.570.930.860.950.90.080.84-0.51-0.950.620.590.690.910.820.890.960.530.820.10.66-0.280.280.66
0.46-0.630.650.60.410.560.48-0.550.91-0.64-0.810.310.360.690.770.450.560.710.830.41-0.56-0.050.12-0.120.62
0.69-0.540.640.790.670.810.74-0.230.91-0.74-0.930.560.630.910.770.740.820.960.590.66-0.170.380.05-0.050.69
0.92-0.090.460.910.930.890.930.210.64-0.5-0.830.590.850.820.450.740.850.820.30.870.340.67-0.040.040.45
0.82-0.320.340.870.80.830.810.120.76-0.6-0.880.850.680.890.560.820.850.810.230.790.170.67-0.140.140.48
0.83-0.330.660.880.820.930.88-0.050.85-0.59-0.940.50.660.960.710.960.820.810.610.760.020.55-0.140.140.69
0.33-0.520.890.420.30.440.37-0.580.77-0.47-0.65-0.190.20.530.830.590.30.230.610.31-0.57-0.160.11-0.110.79
0.940.050.490.940.920.890.920.40.61-0.21-0.770.480.490.820.410.660.870.790.760.310.410.68-0.10.10.54
0.450.82-0.390.30.490.330.420.96-0.410.510.110.250.170.1-0.56-0.170.340.170.02-0.570.410.76-0.510.51-0.34
0.780.370.010.690.810.750.770.710.180.02-0.470.610.470.66-0.050.380.670.670.55-0.160.680.76-0.650.650.15
-0.33-0.520.24-0.23-0.35-0.33-0.31-0.540.15-0.410.06-0.230.05-0.280.120.05-0.04-0.14-0.140.11-0.1-0.51-0.65-1.00.13
0.330.52-0.240.230.350.340.310.54-0.150.41-0.060.23-0.050.28-0.12-0.050.040.140.14-0.110.10.510.65-1.0-0.13
0.45-0.580.950.530.420.530.48-0.340.81-0.53-0.75-0.020.230.660.620.690.450.480.690.790.54-0.340.150.13-0.13
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Oneconnect Financial Account Relationship Matchups

Oneconnect Financial fundamental ratios Accounts

201920202021202220232024 (projected)
Total Assets9.9B10.9B9.3B8.9B8.1B9.4B
Short Long Term Debt Total3.3B2.3B815.3M333.6M357.3M339.5M
Other Current Liab540.8M1.8B3.1B530.2M4.5B4.7B
Total Current Liabilities4.9B5.2B5.2B5.4B5.1B5.3B
Total Stockholder Equity4.4B5.2B3.8B3.3B3.0B3.7B
Other Liab302.3M379.1M385.2M343.1M394.6M333.0M
Net Tangible Assets3.4B4.3B3.1B2.7B3.1B2.9B
Property Plant And Equipment Net314.5M224.3M244.4M151.4M85.1M80.8M
Current Deferred Revenue105.0M544.4M1.5B2.1B2.4B2.5B
Net Debt2.1B(771.9M)(584.1M)(1.6B)(1.0B)(971.0M)
Retained Earnings(4.0B)(5.4B)(6.6B)(7.5B)(7.9B)(8.3B)
Accounts Payable1.1B920.2M1.1B2.5B246.6M234.2M
Cash1.1B3.1B1.4B1.9B1.4B1.6B
Non Current Assets Total2.3B1.9B2.4B2.5B2.7B2.3B
Non Currrent Assets Other41.0M42.1M1.5M780.3M897.3M942.2M
Other Assets464.8M606.6M684.8M766.0M880.9M607.6M
Cash And Short Term Investments2.8B5.1B4.0B3.8B3.2B3.7B
Net Receivables921.4M1.1B1.7B2.1B809.6M1.1B
Common Stock Shares Outstanding31.3M35.5M36.9M36.8M1.1B1.1B
Short Term Investments1.7B2.1B2.6B1.9B1.8B2.1B
Liabilities And Stockholders Equity9.9B10.9B9.3B8.9B8.1B9.4B
Non Current Liabilities Total466.9M433.3M343.1M158.0M47.5M45.1M
Capital Lease Obligations189.7M134.2M154.9M91.6M51.2M48.7M
Inventory(4.2T)(3.9B)(3.3B)(690.6M)(925.2M)(971.5M)
Other Current Assets4.2T5.9B1.8B400.2M1.4B1.3B
Total Liab5.4B5.6B5.5B5.6B5.1B5.6B
Net Invested Capital7.6B7.5B4.6B3.6B3.3B4.0B
Long Term Investments512.3M222.8M826.5M1.0B1.4B1.4B
Property Plant And Equipment Gross527.0M224.3M691.4M591.7M531.0M478.7M
Short Long Term Debt3.2B2.3B815.3M289.1M306.1M290.8M
Total Current Assets7.7B8.9B6.9B6.4B5.4B7.1B
Accumulated Other Comprehensive Income8.5B10.6B10.5B11.0B1.2B1.2B
Net Working Capital2.7B3.8B1.7B928.0M285.9M271.6M
Short Term Debt3.2B2.4B872.7M289.1M329.0M312.6M
Intangible Assets687.8M627.9M398.0M281.3M182.2M363.0M

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