Prospect Change In Working Capital vs Free Cash Flow Analysis
| PSEC Stock | USD 4.81 0.02 0.41% |
Prospect Capital financial indicator trend analysis is much more than just breaking down Prospect Capital prevalent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Prospect Capital is a good investment. Please check the relationship between Prospect Capital Change In Working Capital and its Free Cash Flow accounts. Check out Your Equity Center to better understand how to build diversified portfolios, which includes a position in Prospect Capital. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in income. For information on how to trade Prospect Stock refer to our How to Trade Prospect Stock guide.
Change In Working Capital vs Free Cash Flow
Change In Working Capital vs Free Cash Flow Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Prospect Capital Change In Working Capital account and Free Cash Flow. At this time, the significance of the direction appears to have very week relationship.
The correlation between Prospect Capital's Change In Working Capital and Free Cash Flow is 0.28. Overlapping area represents the amount of variation of Change In Working Capital that can explain the historical movement of Free Cash Flow in the same time period over historical financial statements of Prospect Capital, assuming nothing else is changed. The correlation between historical values of Prospect Capital's Change In Working Capital 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 Change In Working Capital of Prospect Capital 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 Change In Working Capital i.e., Prospect Capital's Change In Working Capital and Free Cash Flow go up and down completely randomly.
Correlation Coefficient | 0.28 |
| Relationship Direction | Positive |
| Relationship Strength | Very Weak |
Change In Working Capital
The difference in the amount of working capital from one period to the next, indicating the change in a company's short-term assets and liabilities.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 Prospect Capital's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Prospect Capital 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 Prospect Capital. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in income. For information on how to trade Prospect Stock refer to our How to Trade Prospect Stock guide.At present, Prospect Capital's Issuance Of Capital Stock is projected to increase significantly based on the last few years of reporting. The current year's Enterprise Value Over EBITDA is expected to grow to 16.69, whereas Sales General And Administrative To Revenue is forecasted to decline to 0.02.
| 2021 | 2022 | 2023 | 2024 (projected) | Net Interest Income | 467.3M | 612.6M | 623.9M | 556.7M | Interest Income | 584.7M | 760.8M | 770.3M | 594.5M |
Prospect Capital fundamental ratios Correlations
Click cells to compare fundamentals
Prospect Capital Account Relationship Matchups
High Positive Relationship
High Negative Relationship
Prospect Capital fundamental ratios Accounts
| 2019 | 2020 | 2021 | 2022 | 2023 | 2024 (projected) | ||
| Total Assets | 5.3B | 6.3B | 7.7B | 7.9B | 7.9B | 4.4B | |
| Short Long Term Debt Total | 2.1B | 2.2B | 2.7B | 2.6B | 2.4B | 1.9B | |
| Other Current Liab | (51.5M) | (50.7M) | (50.3M) | (53.7M) | 108.4M | 113.8M | |
| Total Current Liabilities | 51.5M | 50.7M | 50.3M | 53.7M | 155.5M | 84.5M | |
| Total Stockholder Equity | 3.1B | 3.9B | 4.1B | 3.7B | 5.3B | 5.6B | |
| Net Debt | 2.1B | 2.2B | 2.7B | 2.5B | 2.3B | 1.6B | |
| Retained Earnings | (1.0B) | (232.7M) | 68.4M | (391.3M) | (497.3M) | (472.4M) | |
| Accounts Payable | 51.5M | 50.7M | 50.3M | 53.7M | 47.1M | 74.0M | |
| Cash | 44.6M | 63.6M | 35.4M | 90.6M | 85.9M | 84.4M | |
| Non Current Assets Total | 5.2B | 6.2B | 7.7B | 7.7B | 10.5B | 11.1B | |
| Cash And Short Term Investments | 44.6M | 63.6M | 35.4M | 90.6M | 85.9M | 140.7M | |
| Net Receivables | 12.9M | 25.5M | 13.7M | 24.4M | 28.8M | 16.9M | |
| Liabilities And Stockholders Equity | 5.3B | 6.3B | 7.7B | 7.9B | 7.9B | 4.4B | |
| Non Current Liabilities Total | 2.1B | 2.2B | 3.5B | 2.6B | 2.4B | 1.7B | |
| Other Current Assets | (221.7M) | 1.1M | 1.1M | 7.9M | 1.2M | 1.2M | |
| Other Stockholder Equity | 4.1B | 4.0B | 3.4B | 5.5B | 4.2B | 2.6B | |
| Total Liab | 2.2B | 2.4B | 3.5B | 4.1B | 2.6B | 1.9B | |
| Total Current Assets | 57.4M | 89.1M | 13.7M | 114.9M | 115.9M | 66.2M | |
| Accumulated Other Comprehensive Income | (1.0B) | (232.7M) | 68.4M | (1.4B) | 5.3B | 5.6B | |
| Short Term Debt | 450.6M | 263.1M | 214.2M | 154.6M | 2.3B | 2.4B | |
| Common Stock | 374K | 388K | 393K | 404K | 425K | 403.8K | |
| Other Liab | 2.0M | 482K | 932K | 1.5M | 1.4M | 1.3M | |
| Non Currrent Assets Other | (5.3B) | (6.3B) | (7.6B) | (7.9B) | (7.7B) | (7.3B) | |
| Other Assets | 10.4M | 12.2M | (13.7M) | 21.8M | (2.8B) | (2.7B) | |
| Common Stock Total Equity | 364K | 367K | 374K | 388K | 446.2K | 231.9K | |
| Common Stock Shares Outstanding | 368.1M | 386.0M | 433.8M | 398.5M | 625.3M | 656.5M | |
| Net Tangible Assets | 3.1B | 3.8B | 4.1B | 3.7B | 4.3B | 3.9B | |
| Deferred Long Term Liab | 9.1M | 11.1M | 10.8M | 15.6M | 14.0M | 14.9M | |
| Long Term Investments | 5.2B | 6.2B | 7.6B | 7.7B | 7.7B | 6.7B | |
| Net Invested Capital | 5.2B | 6.0B | 6.9B | 6.3B | 6.1B | 6.6B | |
| Capital Stock | 374K | 137.4M | 393K | 404K | 425K | 403.8K |
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Analyzing currently trending equities could be an opportunity to develop a better portfolio based on different market momentums that they can trigger. Utilizing the top trending stocks is also useful when creating a market-neutral strategy or pair trading technique involving a short or a long position in a currently trending equity.When determining whether Prospect Capital offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of Prospect Capital's financial statements, including income statements, balance sheets, and cash flow statements, to assess its financial health. Key financial ratios are used to gauge profitability, efficiency, and growth potential of Prospect Capital Stock. Outlined below are crucial reports that will aid in making a well-informed decision on Prospect Capital Stock:Check out Your Equity Center to better understand how to build diversified portfolios, which includes a position in Prospect Capital. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in income. For information on how to trade Prospect Stock refer to our How to Trade Prospect Stock guide.You can also try the Equity Analysis module to research over 250,000 global equities including funds, stocks and ETFs to find investment opportunities.
Is Asset Management & Custody Banks space expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of Prospect Capital. If investors know Prospect will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about Prospect Capital listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Quarterly Earnings Growth (0.78) | Dividend Share 0.72 | Earnings Share (0.25) | Revenue Per Share 1.961 | Quarterly Revenue Growth (0.17) |
The market value of Prospect Capital is measured differently than its book value, which is the value of Prospect that is recorded on the company's balance sheet. Investors also form their own opinion of Prospect Capital's value that differs from its market value or its book value, called intrinsic value, which is Prospect Capital's true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because Prospect Capital's market value can be influenced by many factors that don't directly affect Prospect Capital's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between Prospect Capital's value and its price as these two are different measures arrived at by different means. Investors typically determine if Prospect Capital is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Prospect Capital's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.