Strait Capital Expenditures vs Free Cash Flow Analysis

300300 Stock   2.89  0.30  9.40%   
Strait Innovation financial indicator trend analysis is much more than just breaking down Strait Innovation prevalent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Strait Innovation is a good investment. Please check the relationship between Strait Innovation Capital Expenditures and its Free Cash Flow accounts. Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in Strait Innovation Internet. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in board of governors.

Capital Expenditures vs Free Cash Flow

Capital Expenditures vs Free Cash Flow Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Strait Innovation Capital Expenditures account and Free Cash Flow. At this time, the significance of the direction appears to have fragmental relationship.
Capital ExpendituresFree Cash FlowDiversified AwayCapital ExpendituresFree Cash FlowDiversified Away100%
The correlation between Strait Innovation's Capital Expenditures and Free Cash Flow is 0.41. Overlapping area represents the amount of variation of Capital Expenditures that can explain the historical movement of Free Cash Flow in the same time period over historical financial statements of Strait Innovation Internet, assuming nothing else is changed. The correlation between historical values of Strait Innovation's Capital Expenditures 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 Capital Expenditures of Strait Innovation Internet 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 Capital Expenditures i.e., Strait Innovation's Capital Expenditures and Free Cash Flow go up and down completely randomly.

Correlation Coefficient

0.41
Relationship DirectionPositive 
Relationship StrengthWeak

Capital Expenditures

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

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 Strait Innovation's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Strait Innovation 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 Strait Innovation Internet. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in board of governors.
The current year's Selling General Administrative is expected to grow to about 48.2 M. The current year's Tax Provision is expected to grow to about 45.3 M

Strait Innovation fundamental ratios Correlations

0.680.890.920.250.580.610.590.690.410.750.530.86-0.110.560.89-0.110.560.060.820.510.330.59-0.41-0.370.5
0.680.460.820.690.220.46-0.040.870.60.850.270.420.210.10.68-0.380.550.520.760.030.550.790.02-0.330.44
0.890.460.7-0.130.860.420.790.560.180.490.61.0-0.160.830.760.260.53-0.30.530.730.00.24-0.62-0.080.31
0.920.820.70.560.330.690.30.750.580.890.40.65-0.030.330.83-0.360.470.310.960.290.590.76-0.16-0.530.57
0.250.69-0.130.56-0.420.53-0.60.590.660.77-0.2-0.190.24-0.50.19-0.80.130.650.67-0.560.890.710.62-0.540.31
0.580.220.860.33-0.420.110.750.350.060.190.540.87-0.080.90.480.490.56-0.540.090.76-0.37-0.12-0.690.120.1
0.610.460.420.690.530.110.010.60.520.720.040.380.05-0.050.42-0.40.480.030.69-0.160.810.280.36-0.20.04
0.59-0.040.790.3-0.60.750.010.02-0.25-0.020.620.82-0.350.890.510.540.2-0.450.160.9-0.47-0.03-0.860.060.3
0.690.870.560.750.590.350.60.020.590.840.360.530.220.150.59-0.210.610.190.66-0.010.570.560.1-0.190.25
0.410.60.180.580.660.060.52-0.250.590.690.170.120.21-0.120.42-0.460.450.270.54-0.210.580.460.25-0.550.21
0.750.850.490.890.770.190.72-0.020.840.690.120.420.180.050.59-0.620.520.330.86-0.080.740.740.18-0.560.44
0.530.270.60.4-0.20.540.040.620.360.170.120.610.00.640.520.560.19-0.20.280.66-0.190.14-0.63-0.090.32
0.860.421.00.65-0.190.870.380.820.530.120.420.61-0.180.850.750.330.51-0.320.480.77-0.060.19-0.650.00.28
-0.110.21-0.16-0.030.24-0.080.05-0.350.220.210.180.0-0.18-0.28-0.13-0.20.220.21-0.07-0.340.160.00.32-0.02-0.09
0.560.10.830.33-0.50.9-0.050.890.15-0.120.050.640.85-0.280.480.560.24-0.470.150.95-0.46-0.04-0.860.010.31
0.890.680.760.830.190.480.420.510.590.420.590.520.75-0.130.48-0.030.540.270.740.530.220.61-0.5-0.250.38
-0.11-0.380.26-0.36-0.80.49-0.40.54-0.21-0.46-0.620.560.33-0.20.56-0.03-0.05-0.54-0.490.59-0.71-0.56-0.590.62-0.21
0.560.550.530.470.130.560.480.20.610.450.520.190.510.220.240.54-0.05-0.020.270.120.160.17-0.10.03-0.02
0.060.52-0.30.310.65-0.540.03-0.450.190.270.33-0.2-0.320.21-0.470.27-0.54-0.020.43-0.330.420.750.26-0.280.44
0.820.760.530.960.670.090.690.160.660.540.860.280.48-0.070.150.74-0.490.270.430.150.710.82-0.02-0.590.57
0.510.030.730.29-0.560.76-0.160.9-0.01-0.21-0.080.660.77-0.340.950.530.590.12-0.330.15-0.520.0-0.950.030.31
0.330.550.00.590.89-0.370.81-0.470.570.580.74-0.19-0.060.16-0.460.22-0.710.160.420.71-0.520.50.67-0.380.1
0.590.790.240.760.71-0.120.28-0.030.560.460.740.140.190.0-0.040.61-0.560.170.750.820.00.5-0.02-0.610.76
-0.410.02-0.62-0.160.62-0.690.36-0.860.10.250.18-0.63-0.650.32-0.86-0.5-0.59-0.10.26-0.02-0.950.67-0.02-0.01-0.3
-0.37-0.33-0.08-0.53-0.540.12-0.20.06-0.19-0.55-0.56-0.090.0-0.020.01-0.250.620.03-0.28-0.590.03-0.38-0.61-0.01-0.6
0.50.440.310.570.310.10.040.30.250.210.440.320.28-0.090.310.38-0.21-0.020.440.570.310.10.76-0.3-0.6
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Strait Innovation Account Relationship Matchups

Strait Innovation fundamental ratios Accounts

201920202021202220232024 (projected)
Total Assets2.5B1.8B1.6B1.3B1.2B1.8B
Other Current Liab111.9M51.4M88.6M75.6M925.3K879.0K
Total Current Liabilities969.7M903.2M930.9M854.5M912.3M751.9M
Total Stockholder Equity1.5B909.4M542.4M369.3M188.5M179.0M
Retained Earnings(171.0M)(759.7M)(1.1B)(1.3B)(1.7B)(1.6B)
Accounts Payable351.8M370.4M365.3M383.6M400.5M283.8M
Cash187.6M202.0M58.2M11.2M33.2M31.5M
Other Assets382.3M279.4M393.1M387.4M445.5M467.7M
Net Receivables357.4M152.5M465.0M101.9M64.9M61.6M
Inventory408.0M111.6M11.8M11.6M13.0M12.3M
Other Current Assets46.1M35.4M72.9M21.3M13.7M26.1M
Total Liab969.9M935.5M1.1B968.7M1.0B791.8M
Intangible Assets1.1M891.2K562.2K316.7K134.1K127.4K
Property Plant Equipment180.1M173.8M156.1M94.9M109.1M148.1M
Net Tangible Assets1.5B908.5M541.8M369.0M332.1M315.5M
Total Current Assets1.1B946.0M660.5M484.3M398.6M378.7M
Non Current Assets Total1.4B899.4M935.9M853.2M812.6M994.9M
Non Current Liabilities Total178.9K32.3M123.1M114.2M110.0M71.5M
Other Stockholder Equity16.8M(2.7M)(5.7M)(2.9M)(2.6M)(2.5M)
Deferred Long Term Liab58.9M40.0M27.3M20.2M18.1M29.3M
Short Long Term Debt490.8M439.6M429.4M367.8M416.0M399.6M
Net Debt303.2M237.7M371.3M408.5M433.9M329.8M
Net Invested Capital2.0B1.3B971.8M789.1M655.5M1.3B
Net Working Capital120.7M42.8M(270.3M)(370.2M)(513.7M)(488.0M)

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Other Information on Investing in Strait Stock

Balance Sheet is a snapshot of the financial position of Strait Innovation at a specified time, usually calculated after every quarter, six months, or one year. Strait Innovation Balance Sheet has two main parts: assets and liabilities. Liabilities are the debts or obligations of Strait Innovation 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 Strait currently owns. An asset can also be divided into two categories, current and non-current.