Wangneng Free Cash Flow vs Capital Expenditures Analysis

002034 Stock

15.47 0.01 0.06%

Wangneng Environment financial indicator trend analysis is more than just analyzing Wangneng Environment current accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Wangneng Environment is a good investment. Please check the relationship between Wangneng Environment Free Cash Flow and its Capital Expenditures accounts. Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in Wangneng Environment Co. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in nation.

Free Cash Flow vs Capital Expenditures

Free Cash Flow vs Capital Expenditures Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Wangneng Environment Free Cash Flow account and Capital Expenditures. At this time, the significance of the direction appears to have strong contrarian relationship.

The correlation between Wangneng Environment's Free Cash Flow and Capital Expenditures is -0.65. Overlapping area represents the amount of variation of Free Cash Flow that can explain the historical movement of Capital Expenditures in the same time period over historical financial statements of Wangneng Environment Co, assuming nothing else is changed. The correlation between historical values of Wangneng Environment's Free Cash Flow and Capital Expenditures 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 Wangneng Environment Co are associated (or correlated) with its Capital Expenditures. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Capital Expenditures has no effect on the direction of Free Cash Flow i.e., Wangneng Environment's Free Cash Flow and Capital Expenditures go up and down completely randomly.

Correlation Coefficient

-0.65

Relationship Direction	Negative
Relationship Strength	Weak

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Free Cash Flow

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

Capital Expenditures

Capital Expenditures are funds used by Wangneng Environment to acquire physical assets such as property, industrial buildings or equipment. This type of outlay is used by management to increase the scope of Wangneng Environment operations. These expenditures can include everything from repairing an office equipment, building a brand new facility, or writing new software.

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

As of December 21, 2024, Selling General Administrative is expected to decline to about 56 M. In addition to that, Discontinued Operations is expected to decline to about 3 M

	2021	2022	2023	2024 (projected)
Operating Income	959.4M	1.0B	1.0B	1.1B
Total Revenue	3.0B	3.3B	3.2B	3.3B

Operating Income Total Revenue

Wangneng Environment fundamental ratios Correlations

	Total Assets	Other Current Liab	Total Current Liabilities	Total Stockholder Equity	Retained Earnings	Accounts Payable	Cash	Net Receivables	Inventory	Other Current Assets	Total Liab	Intangible Assets	Common Stock	Property Plant Equipment	Other Liab	Other Assets	Long Term Debt	Short Term Investments	Treasury Stock	Net Tangible Assets	Deferred Long Term Liab	Long Term Investments	Total Current Assets	Non Current Assets Total	Non Currrent Assets Other	Non Current Liabilities Total
Total Assets		-0.14	0.95	0.99	0.98	0.91	0.58	0.89	-0.23	0.65	0.99	0.99	0.95	0.98	0.95	0.2	0.99	-0.43	0.61	-0.44	-0.37	-0.84	0.92	0.98	-0.88	0.97
Other Current Liab	-0.14		-0.24	-0.05	-0.24	-0.4	0.43	-0.31	-0.06	-0.09	-0.2	-0.2	0.05	-0.17	-0.09	0.13	-0.23	-0.29	0.08	0.69	0.19	0.13	-0.01	-0.1	-0.23	-0.14
Total Current Liabilities	0.95	-0.24		0.91	0.96	0.96	0.44	0.92	0.01	0.64	0.96	0.95	0.84	0.94	0.89	0.36	0.95	-0.34	0.46	-0.59	-0.33	-0.78	0.85	0.9	-0.72	0.91
Total Stockholder Equity	0.99	-0.05	0.91		0.97	0.84	0.6	0.88	-0.31	0.58	0.96	0.98	0.98	0.97	0.97	0.17	0.95	-0.43	0.67	-0.3	-0.3	-0.89	0.92	0.96	-0.93	0.93
Retained Earnings	0.98	-0.24	0.96	0.97		0.92	0.44	0.94	-0.17	0.62	0.97	0.99	0.91	0.98	0.93	0.18	0.97	-0.35	0.58	-0.5	-0.35	-0.86	0.88	0.95	-0.81	0.93
Accounts Payable	0.91	-0.4	0.96	0.84	0.92		0.41	0.87	-0.05	0.71	0.94	0.92	0.78	0.9	0.85	0.33	0.94	-0.23	0.48	-0.69	-0.3	-0.7	0.83	0.88	-0.64	0.91
Cash	0.58	0.43	0.44	0.6	0.44	0.41		0.22	-0.5	0.47	0.56	0.54	0.63	0.5	0.61	0.29	0.56	-0.37	0.62	0.09	0.01	-0.42	0.78	0.62	-0.75	0.64
Net Receivables	0.89	-0.31	0.92	0.88	0.94	0.87	0.22		-0.02	0.43	0.88	0.9	0.81	0.9	0.84	0.26	0.87	-0.31	0.46	-0.54	-0.34	-0.83	0.72	0.83	-0.68	0.8
Inventory	-0.23	-0.06	0.01	-0.31	-0.17	-0.05	-0.5	-0.02		-0.02	-0.19	-0.25	-0.36	-0.23	-0.38	0.39	-0.24	-0.09	-0.64	-0.29	-0.26	0.37	-0.41	-0.28	0.47	-0.27
Other Current Assets	0.65	-0.09	0.64	0.58	0.62	0.71	0.47	0.43	-0.02		0.69	0.65	0.52	0.58	0.55	-0.01	0.69	-0.43	0.29	-0.47	-0.3	-0.29	0.68	0.7	-0.5	0.73
Total Liab	0.99	-0.2	0.96	0.96	0.97	0.94	0.56	0.88	-0.19	0.69		0.99	0.92	0.97	0.92	0.21	1.0	-0.41	0.55	-0.53	-0.4	-0.79	0.91	0.97	-0.83	0.97
Intangible Assets	0.99	-0.2	0.95	0.98	0.99	0.92	0.54	0.9	-0.25	0.65	0.99		0.93	0.97	0.94	0.17	0.99	-0.4	0.59	-0.5	-0.38	-0.83	0.91	0.97	-0.86	0.96
Common Stock	0.95	0.05	0.84	0.98	0.91	0.78	0.63	0.81	-0.36	0.52	0.92	0.93		0.96	0.96	0.14	0.92	-0.43	0.7	-0.2	-0.26	-0.87	0.89	0.94	-0.95	0.91
Property Plant Equipment	0.98	-0.17	0.94	0.97	0.98	0.9	0.5	0.9	-0.23	0.58	0.97	0.97	0.96		0.97	0.19	0.97	-0.36	0.63	-0.38	-0.25	-0.91	0.89	0.94	-0.86	0.93
Other Liab	0.95	-0.09	0.89	0.97	0.93	0.85	0.61	0.84	-0.38	0.55	0.92	0.94	0.96	0.97		0.19	0.93	-0.33	0.74	-0.24	-0.08	-0.93	0.94	0.93	-0.9	0.91
Other Assets	0.2	0.13	0.36	0.17	0.18	0.33	0.29	0.26	0.39	-0.01	0.21	0.17	0.14	0.19	0.19		0.18	0.1	0.17	-0.2	0.06	-0.11	0.24	0.19	-0.08	0.21
Long Term Debt	0.99	-0.23	0.95	0.95	0.97	0.94	0.56	0.87	-0.24	0.69	1.0	0.99	0.92	0.97	0.93	0.18		-0.37	0.59	-0.53	-0.34	-0.8	0.92	0.97	-0.82	0.98
Short Term Investments	-0.43	-0.29	-0.34	-0.43	-0.35	-0.23	-0.37	-0.31	-0.09	-0.43	-0.41	-0.4	-0.43	-0.36	-0.33	0.1	-0.37		0.06	0.06	0.46	0.25	-0.34	-0.42	0.5	-0.4
Treasury Stock	0.61	0.08	0.46	0.67	0.58	0.48	0.62	0.46	-0.64	0.29	0.55	0.59	0.7	0.63	0.74	0.17	0.59	0.06		0.14	0.25	-0.68	0.73	0.63	-0.73	0.61
Net Tangible Assets	-0.44	0.69	-0.59	-0.3	-0.5	-0.69	0.09	-0.54	-0.29	-0.47	-0.53	-0.5	-0.2	-0.38	-0.24	-0.2	-0.53	0.06	0.14		0.56	0.11	-0.29	-0.42	0.01	-0.48
Deferred Long Term Liab	-0.37	0.19	-0.33	-0.3	-0.35	-0.3	0.01	-0.34	-0.26	-0.3	-0.4	-0.38	-0.26	-0.25	-0.08	0.06	-0.34	0.46	0.25	0.56		-0.03	-0.11	-0.37	0.22	-0.37
Long Term Investments	-0.84	0.13	-0.78	-0.89	-0.86	-0.7	-0.42	-0.83	0.37	-0.29	-0.79	-0.83	-0.87	-0.91	-0.93	-0.11	-0.8	0.25	-0.68	0.11	-0.03		-0.79	-0.77	0.81	-0.72
Total Current Assets	0.92	-0.01	0.85	0.92	0.88	0.83	0.78	0.72	-0.41	0.68	0.91	0.91	0.89	0.89	0.94	0.24	0.92	-0.34	0.73	-0.29	-0.11	-0.79		0.94	-0.88	0.94
Non Current Assets Total	0.98	-0.1	0.9	0.96	0.95	0.88	0.62	0.83	-0.28	0.7	0.97	0.97	0.94	0.94	0.93	0.19	0.97	-0.42	0.63	-0.42	-0.37	-0.77	0.94		-0.89	0.99
Non Currrent Assets Other	-0.88	-0.23	-0.72	-0.93	-0.81	-0.64	-0.75	-0.68	0.47	-0.5	-0.83	-0.86	-0.95	-0.86	-0.9	-0.08	-0.82	0.5	-0.73	0.01	0.22	0.81	-0.88	-0.89		-0.85
Non Current Liabilities Total	0.97	-0.14	0.91	0.93	0.93	0.91	0.64	0.8	-0.27	0.73	0.97	0.96	0.91	0.93	0.91	0.21	0.98	-0.4	0.61	-0.48	-0.37	-0.72	0.94	0.99	-0.85

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Wangneng Environment Account Relationship Matchups

Wangneng Environment fundamental ratios Accounts

	2019	2020	2021	2022	2023	2024 (projected)
Total Assets	9.1B	12.0B	12.7B	14.5B	14.4B	15.1B
Other Current Liab	195.7M	234.8M	219.0M	226.0M	14.2M	13.5M
Total Current Liabilities	1.3B	1.8B	2.0B	2.4B	2.3B	2.4B
Total Stockholder Equity	4.1B	4.8B	5.4B	6.1B	6.4B	6.7B
Retained Earnings	1.2B	1.7B	2.1B	2.7B	2.8B	2.9B
Accounts Payable	854.4M	1.1B	1.3B	1.4B	1.2B	1.3B
Cash	839.8M	1.8B	1.0B	874.1M	408.5M	436.6M
Net Receivables	487.9M	363.6M	999.7M	848.7M	1.2B	1.3B
Inventory	57.2M	10.3M	19.5M	169.1M	115.0M	100.2M
Other Current Assets	50.8M	69.7M	61.5M	125.0M	37.3M	34.3M
Total Liab	4.9B	7.2B	7.3B	8.2B	7.9B	8.3B
Intangible Assets	3.2B	4.6B	5.7B	6.1B	6.1B	6.4B
Common Stock	420.8M	421.4M	429.5M	429.5M	493.9M	518.6M
Property Plant Equipment	4.3B	4.7B	4.7B	5.8B	6.7B	7.1B
Other Liab	449.2M	488.3M	494.8M	516.5M	594.0M	623.7M
Other Assets	78.2M	99.5M	97.5M	82.7M	95.1M	71.4M
Long Term Debt	3.1B	4.8B	4.7B	5.2B	5.1B	5.3B
Net Tangible Assets	885.2M	173.6M	(355.2M)	(49.0M)	(44.1M)	(41.9M)
Deferred Long Term Liab	3.6M	3.5M	3.0M	2.9M	2.7M	3.1M
Total Current Assets	1.4B	2.6B	2.1B	2.4B	2.1B	1.8B
Non Current Assets Total	7.6B	9.4B	10.6B	12.1B	12.3B	8.4B
Non Currrent Assets Other	32.4M	37.1M	26.1M	6.4M	19.5M	18.6M
Non Current Liabilities Total	3.7B	5.5B	5.3B	5.8B	5.6B	3.9B
Net Invested Capital	7.3B	9.7B	10.1B	11.5B	11.7B	9.3B
Non Current Liabilities Other	269.7M	311.3M	330.1M	327.0M	314.2M	294.6M
Net Working Capital	160.4M	821.4M	117.4M	23.3M	(220.1M)	(209.1M)
Net Debt	2.3B	3.1B	3.7B	4.5B	4.9B	3.5B
Capital Stock	420.8M	421.4M	429.5M	429.5M	429.5M	467.0M

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Balance Sheet is a snapshot of the financial position of Wangneng Environment at a specified time, usually calculated after every quarter, six months, or one year. Wangneng Environment Balance Sheet has two main parts: assets and liabilities. Liabilities are the debts or obligations of Wangneng Environment and are divided into current liabilities and long term liabilities. An asset, on the other hand, is anything of value that can be converted into cash and which Wangneng currently owns. An asset can also be divided into two categories, current and non-current.

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Wangneng Free Cash Flow vs Capital Expenditures Analysis

Free Cash Flow vs Capital Expenditures

Free Cash Flow vs Capital Expenditures Correlation Analysis

Correlation Coefficient

Free Cash Flow

Capital Expenditures

Wangneng Environment fundamental ratios Correlations

Wangneng Environment Account Relationship Matchups

High Positive Relationship

High Negative Relationship

Wangneng Environment fundamental ratios Accounts

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COMMON DESTINATIONS

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COMPANY

Long Term Debt	+ 1.0	Total Liab
Total Stockholder Equity	+ 0.99	Total Assets
Total Liab	+ 0.99	Total Assets
Intangible Assets	+ 0.99	Total Assets
Long Term Debt	+ 0.99	Total Assets
Intangible Assets	+ 0.99	Retained Earnings

Non Currrent Assets Other	- 0.95	Common Stock
Long Term Investments	- 0.93	Other Liab
Non Currrent Assets Other	- 0.93	Total Stockholder Equity
Long Term Investments	- 0.91	Property Plant Equipment
Non Currrent Assets Other	- 0.9	Other Liab
Non Currrent Assets Other	- 0.89	Non Current Assets Total