TechPrecision Free Cash Flow vs Change In Cash Analysis

TPCS Stock

USD 3.68 0.03 0.82%

TechPrecision Common financial indicator trend analysis is much more than just breaking down TechPrecision Common prevalent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether TechPrecision Common is a good investment. Please check the relationship between TechPrecision Common Free Cash Flow and its Change In Cash accounts. Check out World Market Map to better understand how to build diversified portfolios, which includes a position in TechPrecision Common. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in main economic indicators.

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

Free Cash Flow vs Change In Cash

Free Cash Flow vs Change In Cash Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of TechPrecision Common Free Cash Flow account and Change In Cash. At this time, the significance of the direction appears to have strong relationship.

The correlation between TechPrecision Common's Free Cash Flow and Change In Cash is 0.7. Overlapping area represents the amount of variation of Free Cash Flow that can explain the historical movement of Change In Cash in the same time period over historical financial statements of TechPrecision Common, assuming nothing else is changed. The correlation between historical values of TechPrecision Common's Free Cash Flow and Change In Cash 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 TechPrecision Common are associated (or correlated) with its Change In Cash. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Change In Cash has no effect on the direction of Free Cash Flow i.e., TechPrecision Common's Free Cash Flow and Change In Cash go up and down completely randomly.

Correlation Coefficient

0.7

Relationship Direction	Positive
Relationship Strength	Significant

View All Relationships

Free Cash Flow

The amount of cash a company generates after accounting for cash outflows to support operations and maintain its capital assets.

Change In Cash

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

For more information on how to buy TechPrecision Stock please use our How to Invest in TechPrecision Common guide.Tax Provision is likely to gain to about 2 M in 2024, whereas Selling General Administrative is likely to drop slightly above 8.3 M in 2024.

	2021	2022	2023	2024 (projected)
Interest Expense	269.4K	355.6K	521.1K	495.1K
Depreciation And Amortization	1.5M	2.2M	2.4M	2.6M

Interest Expense Depreciation And Amortization

TechPrecision Common fundamental ratios Correlations

	Total Assets	Short Long Term Debt Total	Other Current Liab	Total Current Liabilities	Total Stockholder Equity	Property Plant And Equipment Net	Current Deferred Revenue	Net Debt	Retained Earnings	Accounts Payable	Cash	Non Current Assets Total	Non Currrent Assets Other	Cash And Short Term Investments	Net Receivables	Common Stock Shares Outstanding	Non Current Liabilities Total	Inventory	Other Current Assets	Other Stockholder Equity	Total Liab	Total Current Assets	Short Term Debt	Common Stock	Other Assets	Long Term Debt
Total Assets		0.87	0.61	0.59	0.74	0.86	0.55	0.74	0.14	0.62	-0.27	0.88	0.31	-0.27	0.93	0.51	0.78	0.71	0.25	0.79	0.75	0.88	0.4	-0.28	0.48	0.09
Short Long Term Debt Total	0.87		0.52	0.62	0.41	0.83	0.58	0.88	-0.14	0.57	-0.42	0.82	0.25	-0.42	0.76	0.28	0.84	0.62	0.12	0.67	0.8	0.67	0.5	-0.44	0.36	0.34
Other Current Liab	0.61	0.52		0.92	0.2	0.77	0.83	0.7	-0.35	0.64	-0.55	0.69	0.41	-0.55	0.65	0.2	0.35	0.65	0.15	0.38	0.86	0.64	0.74	-0.42	0.23	-0.23
Total Current Liabilities	0.59	0.62	0.92		0.11	0.8	0.82	0.8	-0.45	0.65	-0.58	0.71	0.19	-0.58	0.64	0.12	0.33	0.69	-0.01	0.35	0.91	0.6	0.93	-0.55	0.22	-0.23
Total Stockholder Equity	0.74	0.41	0.2	0.11		0.52	0.1	0.29	0.63	0.28	0.18	0.6	0.16	0.18	0.67	0.53	0.47	0.5	0.39	0.59	0.29	0.76	-0.02	0.09	0.52	0.0
Property Plant And Equipment Net	0.86	0.83	0.77	0.8	0.52		0.85	0.93	-0.26	0.54	-0.55	0.99	0.17	-0.55	0.77	0.5	0.77	0.88	0.02	0.74	0.96	0.72	0.64	-0.48	0.6	0.1
Current Deferred Revenue	0.55	0.58	0.83	0.82	0.1	0.85		0.84	-0.63	0.31	-0.75	0.79	0.17	-0.75	0.48	0.39	0.59	0.82	-0.14	0.54	0.91	0.42	0.68	-0.6	0.54	0.11
Net Debt	0.74	0.88	0.7	0.8	0.29	0.93	0.84		-0.41	0.49	-0.69	0.9	0.14	-0.69	0.65	0.27	0.76	0.82	-0.03	0.6	0.95	0.58	0.69	-0.6	0.48	0.27
Retained Earnings	0.14	-0.14	-0.35	-0.45	0.63	-0.26	-0.63	-0.41		0.04	0.7	-0.2	0.22	0.7	0.16	-0.12	-0.13	-0.29	0.64	-0.14	-0.42	0.38	-0.45	0.35	-0.17	-0.04
Accounts Payable	0.62	0.57	0.64	0.65	0.28	0.54	0.31	0.49	0.04		-0.2	0.49	0.31	-0.2	0.71	-0.01	0.27	0.23	0.17	0.27	0.57	0.63	0.48	-0.11	-0.21	-0.38
Cash	-0.27	-0.42	-0.55	-0.58	0.18	-0.55	-0.75	-0.69	0.7	-0.2		-0.5	0.12	1.0	-0.31	-0.16	-0.41	-0.64	0.41	-0.39	-0.63	-0.07	-0.47	0.52	-0.27	-0.1
Non Current Assets Total	0.88	0.82	0.69	0.71	0.6	0.99	0.79	0.9	-0.2	0.49	-0.5		0.14	-0.5	0.76	0.59	0.81	0.88	-0.01	0.81	0.9	0.7	0.54	-0.39	0.69	0.13
Non Currrent Assets Other	0.31	0.25	0.41	0.19	0.16	0.17	0.17	0.14	0.22	0.31	0.12	0.14		0.12	0.28	-0.15	0.27	-0.05	0.69	-0.05	0.24	0.47	0.0	-0.15	-0.19	0.2
Cash And Short Term Investments	-0.27	-0.42	-0.55	-0.58	0.18	-0.55	-0.75	-0.69	0.7	-0.2	1.0	-0.5	0.12		-0.31	-0.16	-0.41	-0.64	0.41	-0.39	-0.63	-0.07	-0.47	0.52	-0.27	-0.1
Net Receivables	0.93	0.76	0.65	0.64	0.67	0.77	0.48	0.65	0.16	0.71	-0.31	0.76	0.28	-0.31		0.39	0.58	0.66	0.18	0.69	0.69	0.88	0.48	-0.3	0.32	-0.15
Common Stock Shares Outstanding	0.51	0.28	0.2	0.12	0.53	0.5	0.39	0.27	-0.12	-0.01	-0.16	0.59	-0.15	-0.16	0.39		0.5	0.59	-0.33	0.88	0.3	0.21	-0.03	0.23	0.79	-0.09
Non Current Liabilities Total	0.78	0.84	0.35	0.33	0.47	0.77	0.59	0.76	-0.13	0.27	-0.41	0.81	0.27	-0.41	0.58	0.5		0.61	0.07	0.76	0.67	0.5	0.12	-0.37	0.58	0.58
Inventory	0.71	0.62	0.65	0.69	0.5	0.88	0.82	0.82	-0.29	0.23	-0.64	0.88	-0.05	-0.64	0.66	0.59	0.61		-0.13	0.74	0.82	0.58	0.6	-0.45	0.76	0.05
Other Current Assets	0.25	0.12	0.15	-0.01	0.39	0.02	-0.14	-0.03	0.64	0.17	0.41	-0.01	0.69	0.41	0.18	-0.33	0.07	-0.13		-0.24	0.02	0.57	-0.08	-0.05	-0.28	0.24
Other Stockholder Equity	0.79	0.67	0.38	0.35	0.59	0.74	0.54	0.6	-0.14	0.27	-0.39	0.81	-0.05	-0.39	0.69	0.88	0.76	0.74	-0.24		0.57	0.46	0.18	-0.03	0.74	0.08
Total Liab	0.75	0.8	0.86	0.91	0.29	0.96	0.91	0.95	-0.42	0.57	-0.63	0.9	0.24	-0.63	0.69	0.3	0.67	0.82	0.02	0.57		0.65	0.77	-0.6	0.46	0.08
Total Current Assets	0.88	0.67	0.64	0.6	0.76	0.72	0.42	0.58	0.38	0.63	-0.07	0.7	0.47	-0.07	0.88	0.21	0.5	0.58	0.57	0.46	0.65		0.46	-0.32	0.25	-0.04
Short Term Debt	0.4	0.5	0.74	0.93	-0.02	0.64	0.68	0.69	-0.45	0.48	-0.47	0.54	0.0	-0.47	0.48	-0.03	0.12	0.6	-0.08	0.18	0.77	0.46		-0.58	0.15	-0.26
Common Stock	-0.28	-0.44	-0.42	-0.55	0.09	-0.48	-0.6	-0.6	0.35	-0.11	0.52	-0.39	-0.15	0.52	-0.3	0.23	-0.37	-0.45	-0.05	-0.03	-0.6	-0.32	-0.58		-0.13	-0.33
Other Assets	0.48	0.36	0.23	0.22	0.52	0.6	0.54	0.48	-0.17	-0.21	-0.27	0.69	-0.19	-0.27	0.32	0.79	0.58	0.76	-0.28	0.74	0.46	0.25	0.15	-0.13		0.24
Long Term Debt	0.09	0.34	-0.23	-0.23	0.0	0.1	0.11	0.27	-0.04	-0.38	-0.1	0.13	0.2	-0.1	-0.15	-0.09	0.58	0.05	0.24	0.08	0.08	-0.04	-0.26	-0.33	0.24

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TechPrecision Common Account Relationship Matchups

TechPrecision Common fundamental ratios Accounts

	2019	2020	2021	2022	2023	2024 (projected)
Total Assets	14.6M	16.0M	37.9M	36.2M	34.7M	21.3M
Short Long Term Debt Total	2.6M	3.8M	13.7M	11.8M	12.7M	7.3M
Other Current Liab	1.6M	1.5M	3.4M	2.5M	4.3M	4.5M
Total Current Liabilities	2.7M	4.7M	13.3M	9.0M	17.8M	18.6M
Total Stockholder Equity	9.5M	9.9M	15.3M	14.6M	7.8M	8.7M
Property Plant And Equipment Net	4.2M	4.1M	19.5M	19.6M	19.8M	20.8M
Current Deferred Revenue	805.0K	218.2K	1.8M	2.3M	3.8M	4.0M
Net Debt	1.6M	1.7M	12.6M	11.3M	12.6M	13.2M
Retained Earnings	651.8K	972.4K	622.6K	(356.4K)	(7.4M)	(7.0M)
Accounts Payable	185.1K	500.8K	3.4M	2.2M	1.4M	1.4M
Cash	930.9K	2.1M	1.1M	534.5K	138.4K	131.5K
Non Current Assets Total	6.3M	6.1M	21.8M	21.6M	19.9M	20.9M
Non Currrent Assets Other	6.2K	32.6K	84.6K	121.3K	109.1K	82.5K
Cash And Short Term Investments	930.9K	2.1M	1.1M	534.5K	138.4K	131.5K
Net Receivables	5.5M	6.1M	11.4M	11.3M	10.9M	6.4M
Common Stock Shares Outstanding	7.3M	7.8M	8.1M	8.6M	8.7M	6.8M
Liabilities And Stockholders Equity	14.6M	16.0M	37.9M	36.2M	34.7M	21.3M
Non Current Liabilities Total	2.5M	1.3M	9.3M	12.6M	9.2M	5.4M
Inventory	1.2M	1.3M	2.2M	2.4M	3.2M	3.4M
Other Current Assets	606.2K	379.4K	1.4M	349.0K	543.9K	516.7K
Other Stockholder Equity	8.8M	8.9M	14.6M	14.9M	15.2M	8.2M
Total Liab	5.1M	6.1M	22.6M	21.6M	26.9M	28.3M
Total Current Assets	8.2M	9.9M	16.1M	14.6M	14.8M	12.5M
Accumulated Other Comprehensive Income	24.2K	21.9K	21.7K	21.8K	25.1K	26.4K
Short Term Debt	109.8K	2.5M	4.7M	1.9M	8.3M	8.7M
Common Stock	2.9K	2.9K	3.4K	861.0	878.0	834.1
Other Assets	2.1M	2.0M	2.2M	2.9M	3.3M	3.5M
Long Term Debt	2.4M	1.3M	3.1M	4.7M	4.3M	3.0M
Property Plant Equipment	4.2M	4.1M	19.5M	13.9M	16.0M	16.8M
Net Tangible Assets	9.5M	9.9M	15.3M	14.6M	16.8M	8.7M
Common Stock Total Equity	2.9K	2.9K	2.9K	861.0	774.9	736.16
Retained Earnings Total Equity	993.3K	651.8K	972.4K	(356.4K)	(409.9K)	(430.4K)
Long Term Debt Total	4.2M	3.4M	2.5M	1.3M	1.5M	1.5M
Capital Surpluse	8.7M	8.8M	8.9M	14.9M	17.2M	9.5M
Short Long Term Debt	98.0K	2.5M	4.1M	1.2M	7.6M	7.9M

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