Olympic Dividends Paid vs Free Cash Flow Analysis

ZEUS Stock

USD 42.41 1.65 4.05%

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

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

Dividends Paid vs Free Cash Flow

Dividends Paid vs Free Cash Flow Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Olympic Steel Dividends Paid account and Free Cash Flow. At this time, the significance of the direction appears to have almost no relationship.

The correlation between Olympic Steel's Dividends Paid and Free Cash Flow is 0.11. Overlapping area represents the amount of variation of Dividends Paid that can explain the historical movement of Free Cash Flow in the same time period over historical financial statements of Olympic Steel, assuming nothing else is changed. The correlation between historical values of Olympic Steel's Dividends Paid 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 Dividends Paid of Olympic Steel 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 Dividends Paid i.e., Olympic Steel's Dividends Paid and Free Cash Flow go up and down completely randomly.

Correlation Coefficient

0.11

Relationship Direction	Positive
Relationship Strength	Insignificant

View All Relationships

Dividends Paid

The total amount of dividends that a company has paid out to its shareholders over a specific period.

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 Olympic Steel's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Olympic Steel 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 Current Watchlist to better understand how to build diversified portfolios, which includes a position in Olympic Steel. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in employment.

For more information on how to buy Olympic Stock please use our How to Invest in Olympic Steel guide.Sales General And Administrative To Revenue is likely to gain to 0.12 in 2024, whereas Selling General Administrative is likely to drop slightly above 137.4 M in 2024.

	2021	2022	2023	2024 (projected)
Gross Profit	510.2M	486.1M	447.1M	235.8M
Total Revenue	2.3B	2.6B	2.2B	1.2B

Gross Profit Total Revenue

Olympic Steel fundamental ratios Correlations

	Total Assets	Short Long Term Debt Total	Other Current Liab	Total Current Liabilities	Total Stockholder Equity	Property Plant And Equipment Net	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	Property Plant And Equipment Gross	Total Current Assets	Short Term Debt	Intangible Assets	Good Will	Common Stock Total Equity
Total Assets		0.79	0.76	0.94	0.67	0.78	0.76	0.64	0.89	0.64	0.52	-0.13	0.64	0.89	0.69	0.78	0.95	0.52	0.0	0.91	0.24	0.95	0.13	0.35	0.09	0.76
Short Long Term Debt Total	0.79		0.53	0.77	0.29	0.55	1.0	0.25	0.79	0.39	0.23	0.2	0.39	0.76	0.5	0.99	0.83	0.53	0.23	0.95	-0.07	0.82	0.41	0.04	-0.13	0.39
Other Current Liab	0.76	0.53		0.76	0.87	0.39	0.49	0.87	0.65	0.8	0.57	-0.43	0.8	0.83	0.55	0.46	0.8	0.27	-0.19	0.62	0.45	0.82	-0.02	0.58	0.1	0.64
Total Current Liabilities	0.94	0.77	0.76		0.6	0.7	0.76	0.57	0.98	0.55	0.49	-0.06	0.55	0.86	0.58	0.77	0.91	0.52	0.09	0.92	0.19	0.9	0.02	0.3	0.15	0.59
Total Stockholder Equity	0.67	0.29	0.87	0.6		0.53	0.24	0.99	0.52	0.89	0.82	-0.68	0.89	0.6	0.67	0.24	0.62	0.24	-0.28	0.43	0.69	0.63	-0.04	0.82	0.4	0.76
Property Plant And Equipment Net	0.78	0.55	0.39	0.7	0.53		0.53	0.46	0.72	0.41	0.68	-0.05	0.41	0.49	0.82	0.61	0.6	0.6	0.01	0.7	0.39	0.58	-0.03	0.38	0.33	0.71
Net Debt	0.76	1.0	0.49	0.76	0.24	0.53		0.2	0.77	0.34	0.19	0.24	0.34	0.74	0.49	0.99	0.81	0.53	0.26	0.95	-0.11	0.8	0.4	0.0	-0.15	0.36
Retained Earnings	0.64	0.25	0.87	0.57	0.99	0.46	0.2		0.49	0.91	0.8	-0.72	0.91	0.58	0.58	0.19	0.6	0.2	-0.3	0.39	0.69	0.6	-0.06	0.83	0.41	0.72
Accounts Payable	0.89	0.79	0.65	0.98	0.52	0.72	0.77	0.49		0.48	0.49	-0.01	0.48	0.77	0.59	0.79	0.85	0.56	0.2	0.93	0.17	0.84	0.07	0.27	0.23	0.54
Cash	0.64	0.39	0.8	0.55	0.89	0.41	0.34	0.91	0.48		0.72	-0.64	1.0	0.6	0.48	0.32	0.62	0.12	-0.34	0.46	0.61	0.62	0.19	0.74	0.32	0.6
Non Current Assets Total	0.52	0.23	0.57	0.49	0.82	0.68	0.19	0.8	0.49	0.72		-0.68	0.72	0.25	0.65	0.24	0.35	0.44	-0.13	0.38	0.82	0.33	-0.12	0.91	0.73	0.63
Non Currrent Assets Other	-0.13	0.2	-0.43	-0.06	-0.68	-0.05	0.24	-0.72	-0.01	-0.64	-0.68		-0.64	-0.01	-0.12	0.26	-0.05	0.0	0.26	0.1	-0.77	-0.04	0.1	-0.91	-0.64	-0.46
Cash And Short Term Investments	0.64	0.39	0.8	0.55	0.89	0.41	0.34	0.91	0.48	1.0	0.72	-0.64		0.6	0.48	0.32	0.62	0.12	-0.34	0.46	0.61	0.62	0.19	0.74	0.32	0.6
Net Receivables	0.89	0.76	0.83	0.86	0.6	0.49	0.74	0.58	0.77	0.6	0.25	-0.01	0.6		0.55	0.71	0.94	0.22	-0.1	0.82	0.1	0.97	0.17	0.17	-0.23	0.64
Common Stock Shares Outstanding	0.69	0.5	0.55	0.58	0.67	0.82	0.49	0.58	0.59	0.48	0.65	-0.12	0.48	0.55		0.54	0.61	0.39	-0.02	0.59	0.43	0.6	0.11	0.41	0.16	0.78
Non Current Liabilities Total	0.78	0.99	0.46	0.77	0.24	0.61	0.99	0.19	0.79	0.32	0.24	0.26	0.32	0.71	0.54		0.8	0.6	0.28	0.96	-0.09	0.78	0.37	0.01	-0.09	0.38
Inventory	0.95	0.83	0.8	0.91	0.62	0.6	0.81	0.6	0.85	0.62	0.35	-0.05	0.62	0.94	0.61	0.8		0.46	0.04	0.9	0.06	0.99	0.24	0.22	-0.07	0.65
Other Current Assets	0.52	0.53	0.27	0.52	0.24	0.6	0.53	0.2	0.56	0.12	0.44	0.0	0.12	0.22	0.39	0.6	0.46		0.56	0.61	0.05	0.39	0.01	0.22	0.33	0.25
Other Stockholder Equity	0.0	0.23	-0.19	0.09	-0.28	0.01	0.26	-0.3	0.2	-0.34	-0.13	0.26	-0.34	-0.1	-0.02	0.28	0.04	0.56		0.2	-0.27	0.0	0.34	-0.22	-0.03	-0.2
Total Liab	0.91	0.95	0.62	0.92	0.43	0.7	0.95	0.39	0.93	0.46	0.38	0.1	0.46	0.82	0.59	0.96	0.9	0.61	0.2		0.06	0.89	0.24	0.17	0.03	0.52
Property Plant And Equipment Gross	0.24	-0.07	0.45	0.19	0.69	0.39	-0.11	0.69	0.17	0.61	0.82	-0.77	0.61	0.1	0.43	-0.09	0.06	0.05	-0.27	0.06		0.09	-0.11	0.9	0.53	0.6
Total Current Assets	0.95	0.82	0.82	0.9	0.63	0.58	0.8	0.6	0.84	0.62	0.33	-0.04	0.62	0.97	0.6	0.78	0.99	0.39	0.0	0.89	0.09		0.21	0.22	-0.12	0.66
Short Term Debt	0.13	0.41	-0.02	0.02	-0.04	-0.03	0.4	-0.06	0.07	0.19	-0.12	0.1	0.19	0.17	0.11	0.37	0.24	0.01	0.34	0.24	-0.11	0.21		-0.1	-0.31	0.06
Intangible Assets	0.35	0.04	0.58	0.3	0.82	0.38	0.0	0.83	0.27	0.74	0.91	-0.91	0.74	0.17	0.41	0.01	0.22	0.22	-0.22	0.17	0.9	0.22	-0.1		0.69	0.59
Good Will	0.09	-0.13	0.1	0.15	0.4	0.33	-0.15	0.41	0.23	0.32	0.73	-0.64	0.32	-0.23	0.16	-0.09	-0.07	0.33	-0.03	0.03	0.53	-0.12	-0.31	0.69		0.16
Common Stock Total Equity	0.76	0.39	0.64	0.59	0.76	0.71	0.36	0.72	0.54	0.6	0.63	-0.46	0.6	0.64	0.78	0.38	0.65	0.25	-0.2	0.52	0.6	0.66	0.06	0.59	0.16

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Olympic Steel Account Relationship Matchups

Olympic Steel fundamental ratios Accounts

	2019	2020	2021	2022	2023	2024 (projected)
Total Assets	649.6M	640.6M	1.0B	891.6M	1.0B	534.5M
Short Long Term Debt Total	219.4M	186.2M	355.8M	194.4M	228.5M	154.6M
Other Current Liab	26.0M	33.9M	69.7M	57.2M	52.7M	55.3M
Total Current Liabilities	101.1M	126.7M	224.3M	164.7M	180.2M	102.9M
Total Stockholder Equity	308.4M	301.0M	424.4M	516.0M	555.5M	583.3M
Property Plant And Equipment Net	182.6M	182.6M	174.8M	176.6M	220.5M	145.3M
Net Debt	213.6M	180.6M	346.0M	182.2M	215.2M	144.5M
Retained Earnings	179.3M	172.8M	293.0M	379.9M	418.9M	439.8M
Accounts Payable	69.5M	87.3M	148.6M	101.4M	119.7M	73.0M
Cash	5.7M	5.5M	9.8M	12.2M	13.2M	13.9M
Non Current Assets Total	229.7M	238.4M	234.2M	233.5M	403.5M	423.6M
Non Currrent Assets Other	14.4M	18.1M	15.2M	2.7M	(54.3M)	(51.6M)
Cash And Short Term Investments	5.7M	5.5M	9.8M	12.2M	13.2M	13.9M
Net Receivables	133.6M	151.6M	284.6M	219.8M	191.1M	102.6M
Common Stock Shares Outstanding	11.5M	11.4M	11.5M	11.6M	11.6M	11.7M
Liabilities And Stockholders Equity	649.6M	640.6M	1.0B	891.6M	1.0B	534.5M
Non Current Liabilities Total	240.1M	212.9M	374.8M	211.0M	249.1M	165.3M
Inventory	273.5M	240.0M	485.0M	416.9M	386.5M	236.1M
Other Current Assets	7.0M	5.1M	10.0M	9.2M	12.3M	7.8M
Other Stockholder Equity	(335K)	28.5M	28.9M	1.3M	11.7M	11.1M
Total Liab	341.2M	339.6M	599.1M	375.7M	451.2M	269.0M
Property Plant And Equipment Gross	182.6M	434.6M	147.1M	148.3M	539.6M	566.5M
Total Current Assets	419.8M	402.2M	789.4M	658.1M	603.2M	352.0M
Accumulated Other Comprehensive Income	(2.3M)	(4.2M)	(2.0M)	1.3M	41K	43.1K
Short Term Debt	5.6M	5.6M	5.9M	6.1M	7.8M	7.4M
Intangible Assets	29.3M	32.6M	33.7M	32.0M	92.6M	97.3M
Good Will	2.4M	3.4M	5.1M	10.5M	52.1M	54.7M
Common Stock Total Equity	131.6M	132.4M	133.4M	134.7M	154.9M	129.8M
Common Stock	131.6M	132.4M	133.4M	134.7M	136.5M	130.5M
Other Liab	23.3M	24.2M	24.9M	21.6M	24.9M	17.8M
Long Term Debt	192.9M	160.6M	327.8M	165.7M	190.2M	167.4M
Property Plant Equipment	156.2M	157.2M	147.1M	148.3M	170.6M	148.1M
Other Assets	14.4M	18.1M	15.2M	12.7M	16.9M	9.9M
Net Tangible Assets	275.7M	301.0M	424.4M	516.0M	593.4M	317.7M
Retained Earnings Total Equity	179.3M	172.8M	293.0M	379.9M	436.9M	458.8M
Long Term Debt Total	193.4M	160.6M	327.8M	165.7M	190.5M	236.6M

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