Nuscale Free Cash Flow Yield vs Payables Turnover Analysis

SMR Stock

USD 30.13 2.07 7.38%

Nuscale Power financial indicator trend analysis is infinitely more than just investigating Nuscale Power Corp recent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Nuscale Power Corp is a good investment. Please check the relationship between Nuscale Power Free Cash Flow Yield and its Payables Turnover accounts. Check out World Market Map to better understand how to build diversified portfolios, which includes a position in Nuscale Power 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 population.

Free Cash Flow Yield vs Payables Turnover

Free Cash Flow Yield vs Payables Turnover Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Nuscale Power Corp Free Cash Flow Yield account and Payables Turnover. At this time, the significance of the direction appears to have pay attention.

The correlation between Nuscale Power's Free Cash Flow Yield and Payables Turnover is -0.94. Overlapping area represents the amount of variation of Free Cash Flow Yield that can explain the historical movement of Payables Turnover in the same time period over historical financial statements of Nuscale Power Corp, assuming nothing else is changed. The correlation between historical values of Nuscale Power's Free Cash Flow Yield and Payables Turnover 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 Nuscale Power Corp are associated (or correlated) with its Payables Turnover. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Payables Turnover has no effect on the direction of Free Cash Flow Yield i.e., Nuscale Power's Free Cash Flow Yield and Payables Turnover go up and down completely randomly.

Correlation Coefficient

-0.94

Relationship Direction	Negative
Relationship Strength	Significant

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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.

Payables Turnover

A liquidity ratio that shows how quickly a company pays off its suppliers by dividing total purchases by average accounts payable.

Most indicators from Nuscale Power's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Nuscale Power 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 World Market Map to better understand how to build diversified portfolios, which includes a position in Nuscale Power 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 population.

As of 11/29/2024, Selling General Administrative is likely to drop to about 54.9 M. In addition to that, Issuance Of Capital Stock is likely to drop to about 7.5 M

	2021	2022	2023	2024 (projected)
Depreciation And Amortization	3.7M	5.1M	2.6M	2.4M
Interest Income	1.7M	16.1M	18.5M	19.4M

Depreciation And Amortization Interest Income

Nuscale Power fundamental ratios Correlations

	Total Assets	Short Long Term Debt Total	Other Current Liab	Total Current Liabilities	Total Stockholder Equity	Other Liab	Net Tangible Assets	Property Plant And Equipment Net	Net Debt	Retained Earnings	Accounts Payable	Cash	Non Current Assets Total	Non Currrent Assets Other	Other Assets	Cash And Short Term Investments	Net Receivables	Good Will	Common Stock Shares Outstanding	Non Current Liabilities Total	Capital Lease Obligations	Other Current Assets	Other Stockholder Equity	Total Liab	Deferred Long Term Liab	Net Invested Capital
Total Assets		-0.74	0.56	0.35	0.91	0.86	0.86	0.64	-0.99	0.85	0.68	0.99	0.91	0.85	0.88	0.99	-0.43	-0.39	0.64	0.94	0.56	0.52	-0.82	0.68	-0.39	0.85
Short Long Term Debt Total	-0.74		-0.34	-0.05	-0.77	-0.7	-0.77	-0.29	0.77	-0.78	-0.52	-0.7	-0.69	-0.74	-0.68	-0.68	-0.07	0.52	-0.6	-0.56	-0.19	-0.57	0.76	-0.28	0.52	-0.79
Other Current Liab	0.56	-0.34		0.94	0.65	0.8	0.71	0.93	-0.55	0.62	0.97	0.55	0.83	0.77	0.85	0.48	-0.64	-0.64	0.95	0.32	0.55	0.84	-0.57	0.93	-0.64	0.73
Total Current Liabilities	0.35	-0.05	0.94		0.46	0.66	0.53	0.92	-0.35	0.41	0.85	0.36	0.64	0.62	0.65	0.3	-0.77	-0.62	0.79	0.17	0.62	0.77	-0.33	0.91	-0.62	0.55
Total Stockholder Equity	0.91	-0.77	0.65	0.46		0.94	0.99	0.64	-0.9	0.99	0.72	0.87	0.94	0.97	0.89	0.86	-0.36	-0.65	0.77	0.82	0.69	0.73	-0.95	0.72	-0.65	0.97
Other Liab	0.86	-0.7	0.8	0.66	0.94		0.97	0.83	-0.88	0.91	0.85	0.84	0.94	0.99	0.89	0.81	-0.57	-0.79	0.85	0.71	0.77	0.87	-0.82	0.85	-0.79	0.98
Net Tangible Assets	0.86	-0.77	0.71	0.53	0.99	0.97		0.68	-0.86	0.98	0.77	0.82	0.94	0.99	0.89	0.8	-0.37	-0.74	0.83	0.74	0.7	0.82	-0.94	0.75	-0.74	0.99
Property Plant And Equipment Net	0.64	-0.29	0.93	0.92	0.64	0.83	0.68		-0.66	0.56	0.92	0.67	0.8	0.77	0.8	0.61	-0.86	-0.64	0.82	0.47	0.71	0.78	-0.46	0.97	-0.64	0.71
Net Debt	-0.99	0.77	-0.55	-0.35	-0.9	-0.88	-0.86	-0.66		-0.84	-0.68	-0.99	-0.89	-0.87	-0.86	-0.98	0.47	0.47	-0.64	-0.91	-0.59	-0.56	0.78	-0.67	0.47	-0.86
Retained Earnings	0.85	-0.78	0.62	0.41	0.99	0.91	0.98	0.56	-0.84		0.68	0.79	0.91	0.94	0.85	0.79	-0.23	-0.65	0.77	0.76	0.63	0.73	-0.98	0.66	-0.65	0.96
Accounts Payable	0.68	-0.52	0.97	0.85	0.72	0.85	0.77	0.92	-0.68	0.68		0.67	0.89	0.83	0.91	0.6	-0.6	-0.65	0.97	0.42	0.5	0.85	-0.63	0.89	-0.65	0.8
Cash	0.99	-0.7	0.55	0.36	0.87	0.84	0.82	0.67	-0.99	0.79	0.67		0.88	0.83	0.85	1.0	-0.51	-0.38	0.61	0.93	0.58	0.49	-0.75	0.69	-0.38	0.81
Non Current Assets Total	0.91	-0.69	0.83	0.64	0.94	0.94	0.94	0.8	-0.89	0.91	0.89	0.88		0.94	0.99	0.85	-0.48	-0.59	0.89	0.75	0.61	0.76	-0.88	0.85	-0.59	0.93
Non Currrent Assets Other	0.85	-0.74	0.77	0.62	0.97	0.99	0.99	0.77	-0.87	0.94	0.83	0.83	0.94		0.89	0.8	-0.49	-0.79	0.85	0.71	0.74	0.87	-0.87	0.81	-0.79	0.99
Other Assets	0.88	-0.68	0.85	0.65	0.89	0.89	0.89	0.8	-0.86	0.85	0.91	0.85	0.99	0.89		0.82	-0.45	-0.51	0.91	0.69	0.5	0.72	-0.84	0.83	-0.51	0.88
Cash And Short Term Investments	0.99	-0.68	0.48	0.3	0.86	0.81	0.8	0.61	-0.98	0.79	0.6	1.0	0.85	0.8	0.82		-0.48	-0.34	0.54	0.96	0.58	0.44	-0.75	0.65	-0.34	0.79
Net Receivables	-0.43	-0.07	-0.64	-0.77	-0.36	-0.57	-0.37	-0.86	0.47	-0.23	-0.6	-0.51	-0.48	-0.49	-0.45	-0.48		0.43	-0.42	-0.41	-0.75	-0.48	0.09	-0.82	0.43	-0.4
Good Will	-0.39	0.52	-0.64	-0.62	-0.65	-0.79	-0.74	-0.64	0.47	-0.65	-0.65	-0.38	-0.59	-0.79	-0.51	-0.34	0.43		-0.7	-0.22	-0.7	-0.95	0.51	-0.61	1.0	-0.79
Common Stock Shares Outstanding	0.64	-0.6	0.95	0.79	0.77	0.85	0.83	0.82	-0.64	0.77	0.97	0.61	0.89	0.85	0.91	0.54	-0.42	-0.7		0.38	0.46	0.89	-0.74	0.83	-0.7	0.85
Non Current Liabilities Total	0.94	-0.56	0.32	0.17	0.82	0.71	0.74	0.47	-0.91	0.76	0.42	0.93	0.75	0.71	0.69	0.96	-0.41	-0.22	0.38		0.61	0.28	-0.73	0.55	-0.22	0.7
Capital Lease Obligations	0.56	-0.19	0.55	0.62	0.69	0.77	0.7	0.71	-0.59	0.63	0.5	0.58	0.61	0.74	0.5	0.58	-0.75	-0.7	0.46	0.61		0.65	-0.5	0.77	-0.7	0.69
Other Current Assets	0.52	-0.57	0.84	0.77	0.73	0.87	0.82	0.78	-0.56	0.73	0.85	0.49	0.76	0.87	0.72	0.44	-0.48	-0.95	0.89	0.28	0.65		-0.62	0.76	-0.95	0.86
Other Stockholder Equity	-0.82	0.76	-0.57	-0.33	-0.95	-0.82	-0.94	-0.46	0.78	-0.98	-0.63	-0.75	-0.88	-0.87	-0.84	-0.75	0.09	0.51	-0.74	-0.73	-0.5	-0.62		-0.58	0.51	-0.9
Total Liab	0.68	-0.28	0.93	0.91	0.72	0.85	0.75	0.97	-0.67	0.66	0.89	0.69	0.85	0.81	0.83	0.65	-0.82	-0.61	0.83	0.55	0.77	0.76	-0.58		-0.61	0.76
Deferred Long Term Liab	-0.39	0.52	-0.64	-0.62	-0.65	-0.79	-0.74	-0.64	0.47	-0.65	-0.65	-0.38	-0.59	-0.79	-0.51	-0.34	0.43	1.0	-0.7	-0.22	-0.7	-0.95	0.51	-0.61		-0.79
Net Invested Capital	0.85	-0.79	0.73	0.55	0.97	0.98	0.99	0.71	-0.86	0.96	0.8	0.81	0.93	0.99	0.88	0.79	-0.4	-0.79	0.85	0.7	0.69	0.86	-0.9	0.76	-0.79

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Nuscale Power Account Relationship Matchups

Pair Trading with Nuscale Power

One of the main advantages of trading using pair correlations is that every trade hedges away some risk. Because there are two separate transactions required, even if Nuscale Power position performs unexpectedly, the other equity can make up some of the losses. Pair trading also minimizes risk from directional movements in the market. For example, if an entire industry or sector drops because of unexpected headlines, the short position in Nuscale Power will appreciate offsetting losses from the drop in the long position's value.

Moving together with Nuscale Stock

0.8	B	Barnes Group	Pair Corr
0.86	CR	Crane Company	Pair Corr
0.79	IR	Ingersoll Rand	Pair Corr

Moving against Nuscale Stock

0.74	CVV	CVD Equipment	Pair Corr
0.73	RR	Richtech Robotics Class	Pair Corr
0.72	CYD	China Yuchai Interna	Pair Corr
0.7	AOS	Smith AO	Pair Corr

The ability to find closely correlated positions to Nuscale Power could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Nuscale Power when you sell it. If you don't do this, your portfolio allocation will be skewed against your target asset allocation. So, investors can't just sell and buy back Nuscale Power - that would be a violation of the tax code under the "wash sale" rule, and this is why you need to find a similar enough asset and use the proceeds from selling Nuscale Power Corp to buy it.

The correlation of Nuscale Power is a statistical measure of how it moves in relation to other instruments. This measure is expressed in what is known as the correlation coefficient, which ranges between -1 and +1. A perfect positive correlation (i.e., a correlation coefficient of +1) implies that as Nuscale Power moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Nuscale Power Corp moves in either direction, the perfectly negatively correlated security will move in the opposite direction. If the correlation is 0, the equities are not correlated; they are entirely random. A correlation greater than 0.8 is generally described as strong, whereas a correlation less than 0.5 is generally considered weak.

Correlation analysis and pair trading evaluation for Nuscale Power can also be used as hedging techniques within a particular sector or industry or even over random equities to generate a better risk-adjusted return on your portfolios.

Pair Correlation Correlation Matching

Additional Tools for Nuscale Stock Analysis

When running Nuscale Power's price analysis, check to measure Nuscale Power's market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy Nuscale Power is operating at the current time. Most of Nuscale Power's value examination focuses on studying past and present price action to predict the probability of Nuscale Power's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Nuscale Power's price. Additionally, you may evaluate how the addition of Nuscale Power to your portfolios can decrease your overall portfolio volatility.

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