Suzhou Change In Working Capital vs Free Cash Flow Analysis

300394 Stock

98.67 0.26 0.26%

Suzhou TFC financial indicator trend analysis is much more than just breaking down Suzhou TFC Optical prevalent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Suzhou TFC Optical is a good investment. Please check the relationship between Suzhou TFC Change In Working Capital and its Free Cash Flow accounts. Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in Suzhou TFC Optical. 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.

Change In Working Capital vs Free Cash Flow

Change In Working Capital vs Free Cash Flow Correlation Analysis

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

The correlation between Suzhou TFC's Change In Working Capital and Free Cash Flow is 0.71. Overlapping area represents the amount of variation of Change In Working Capital that can explain the historical movement of Free Cash Flow in the same time period over historical financial statements of Suzhou TFC Optical, assuming nothing else is changed. The correlation between historical values of Suzhou TFC's Change In Working Capital 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 Change In Working Capital of Suzhou TFC Optical 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 Change In Working Capital i.e., Suzhou TFC's Change In Working Capital and Free Cash Flow go up and down completely randomly.

Correlation Coefficient

0.71

Relationship Direction	Positive
Relationship Strength	Significant

View All Relationships

Change In Working Capital

The difference in the amount of working capital from one period to the next, indicating the change in a company's short-term assets and liabilities.

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 Suzhou TFC's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Suzhou TFC Optical 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 Suzhou TFC Optical. 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.

The current year's Tax Provision is expected to grow to about 116.7 M, whereas Selling General Administrative is forecasted to decline to about 24.1 M.

	2021	2022	2023	2024 (projected)
Operating Income	336.7M	415.8M	808.2M	848.6M
Total Revenue	1.0B	1.2B	1.9B	2.0B

Operating Income Total Revenue

Suzhou TFC fundamental ratios Correlations

	Total Assets	Other Current Liab	Total Current Liabilities	Total Stockholder Equity	Other Liab	Accounts Payable	Cash	Other Assets	Net Receivables	Inventory	Other Current Assets	Total Liab	Intangible Assets	Common Stock	Property Plant Equipment	Retained Earnings	Net Tangible Assets	Short Term Investments	Deferred Long Term Liab	Total Current Assets	Non Current Assets Total	Non Currrent Assets Other	Non Current Liabilities Total	Long Term Investments	Common Stock Shares Outstanding	Other Stockholder Equity
Total Assets		0.48	0.96	1.0	0.72	0.96	0.91	0.89	0.85	0.98	0.65	0.97	0.7	0.98	0.97	1.0	0.98	0.67	0.72	0.98	0.9	0.82	0.84	0.67	0.87	-0.9
Other Current Liab	0.48		0.34	0.52	0.64	0.32	0.16	0.55	0.54	0.49	0.73	0.37	0.66	0.52	0.58	0.51	0.51	0.69	0.56	0.4	0.61	0.04	0.66	0.5	0.36	-0.52
Total Current Liabilities	0.96	0.34		0.94	0.65	1.0	0.95	0.86	0.76	0.95	0.61	1.0	0.61	0.9	0.91	0.97	0.93	0.47	0.66	0.96	0.83	0.92	0.75	0.61	0.81	-0.8
Total Stockholder Equity	1.0	0.52	0.94		0.74	0.93	0.89	0.89	0.86	0.97	0.66	0.95	0.72	0.98	0.97	0.99	0.98	0.72	0.74	0.97	0.91	0.78	0.86	0.68	0.87	-0.92
Other Liab	0.72	0.64	0.65	0.74		0.66	0.47	0.73	0.87	0.76	0.82	0.68	0.98	0.76	0.84	0.74	0.69	0.65	0.84	0.61	0.89	0.36	0.96	0.91	0.65	-0.61
Accounts Payable	0.96	0.32	1.0	0.93	0.66		0.94	0.86	0.76	0.95	0.62	1.0	0.62	0.9	0.91	0.96	0.92	0.45	0.67	0.94	0.83	0.92	0.75	0.63	0.79	-0.78
Cash	0.91	0.16	0.95	0.89	0.47	0.94		0.74	0.64	0.88	0.39	0.95	0.43	0.86	0.8	0.9	0.9	0.45	0.5	0.95	0.7	0.96	0.6	0.49	0.81	-0.8
Other Assets	0.89	0.55	0.86	0.89	0.73	0.86	0.74		0.81	0.95	0.73	0.87	0.76	0.84	0.93	0.91	0.86	0.53	0.89	0.83	0.91	0.71	0.81	0.6	0.72	-0.79
Net Receivables	0.85	0.54	0.76	0.86	0.87	0.76	0.64	0.81		0.84	0.78	0.78	0.84	0.86	0.89	0.85	0.82	0.66	0.84	0.76	0.94	0.52	0.91	0.73	0.85	-0.77
Inventory	0.98	0.49	0.95	0.97	0.76	0.95	0.88	0.95	0.84		0.69	0.96	0.76	0.94	0.98	0.98	0.96	0.63	0.83	0.95	0.93	0.81	0.86	0.67	0.84	-0.89
Other Current Assets	0.65	0.73	0.61	0.66	0.82	0.62	0.39	0.73	0.78	0.69		0.63	0.79	0.63	0.76	0.68	0.64	0.47	0.8	0.57	0.83	0.35	0.79	0.64	0.58	-0.57
Total Liab	0.97	0.37	1.0	0.95	0.68	1.0	0.95	0.87	0.78	0.96	0.63		0.65	0.92	0.93	0.97	0.94	0.5	0.69	0.96	0.85	0.91	0.77	0.64	0.81	-0.81
Intangible Assets	0.7	0.66	0.61	0.72	0.98	0.62	0.43	0.76	0.84	0.76	0.79	0.65		0.73	0.83	0.72	0.66	0.65	0.87	0.57	0.88	0.32	0.96	0.91	0.58	-0.6
Common Stock	0.98	0.52	0.9	0.98	0.76	0.9	0.86	0.84	0.86	0.94	0.63	0.92	0.73		0.96	0.97	0.96	0.75	0.72	0.94	0.89	0.71	0.88	0.72	0.86	-0.91
Property Plant Equipment	0.97	0.58	0.91	0.97	0.84	0.91	0.8	0.93	0.89	0.98	0.76	0.93	0.83	0.96		0.97	0.94	0.68	0.84	0.9	0.95	0.7	0.93	0.76	0.81	-0.86
Retained Earnings	1.0	0.51	0.97	0.99	0.74	0.96	0.9	0.91	0.85	0.98	0.68	0.97	0.72	0.97	0.97		0.98	0.66	0.75	0.96	0.91	0.81	0.85	0.69	0.85	-0.89
Net Tangible Assets	0.98	0.51	0.93	0.98	0.69	0.92	0.9	0.86	0.82	0.96	0.64	0.94	0.66	0.96	0.94	0.98		0.73	0.72	0.99	0.9	0.8	0.82	0.61	0.9	-0.95
Short Term Investments	0.67	0.69	0.47	0.72	0.65	0.45	0.45	0.53	0.66	0.63	0.47	0.5	0.65	0.75	0.68	0.66	0.73		0.56	0.64	0.7	0.22	0.76	0.6	0.69	-0.83
Deferred Long Term Liab	0.72	0.56	0.66	0.74	0.84	0.67	0.5	0.89	0.84	0.83	0.8	0.69	0.87	0.72	0.84	0.75	0.72	0.56		0.64	0.93	0.45	0.86	0.64	0.68	-0.71
Total Current Assets	0.98	0.4	0.96	0.97	0.61	0.94	0.95	0.83	0.76	0.95	0.57	0.96	0.57	0.94	0.9	0.96	0.99	0.64	0.64		0.84	0.87	0.75	0.55	0.89	-0.92
Non Current Assets Total	0.9	0.61	0.83	0.91	0.89	0.83	0.7	0.91	0.94	0.93	0.83	0.85	0.88	0.89	0.95	0.91	0.9	0.7	0.93	0.84		0.61	0.94	0.74	0.87	-0.86
Non Currrent Assets Other	0.82	0.04	0.92	0.78	0.36	0.92	0.96	0.71	0.52	0.81	0.35	0.91	0.32	0.71	0.7	0.81	0.8	0.22	0.45	0.87	0.61		0.46	0.34	0.7	-0.66
Non Current Liabilities Total	0.84	0.66	0.75	0.86	0.96	0.75	0.6	0.81	0.91	0.86	0.79	0.77	0.96	0.88	0.93	0.85	0.82	0.76	0.86	0.75	0.94	0.46		0.89	0.73	-0.76
Long Term Investments	0.67	0.5	0.61	0.68	0.91	0.63	0.49	0.6	0.73	0.67	0.64	0.64	0.91	0.72	0.76	0.69	0.61	0.6	0.64	0.55	0.74	0.34	0.89		0.51	-0.5
Common Stock Shares Outstanding	0.87	0.36	0.81	0.87	0.65	0.79	0.81	0.72	0.85	0.84	0.58	0.81	0.58	0.86	0.81	0.85	0.9	0.69	0.68	0.89	0.87	0.7	0.73	0.51		-0.92
Other Stockholder Equity	-0.9	-0.52	-0.8	-0.92	-0.61	-0.78	-0.8	-0.79	-0.77	-0.89	-0.57	-0.81	-0.6	-0.91	-0.86	-0.89	-0.95	-0.83	-0.71	-0.92	-0.86	-0.66	-0.76	-0.5	-0.92

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Suzhou TFC Account Relationship Matchups

Suzhou TFC fundamental ratios Accounts

	2019	2020	2021	2022	2023	2024 (projected)
Total Assets	1.3B	1.6B	2.6B	2.9B	3.9B	4.1B
Other Current Liab	27.9M	35.5M	25.3M	70.8M	11.8M	21.8M
Total Current Liabilities	152.4M	200.8M	179.6M	233.1M	503.9M	529.1M
Total Stockholder Equity	1.2B	1.4B	2.3B	2.6B	3.2B	3.4B
Other Liab	20.9M	26.9M	26.0M	24.7M	28.4M	14.5M
Accounts Payable	103.0M	115.4M	102.3M	115.9M	276.8M	290.7M
Cash	105.1M	177.3M	515.0M	672.6M	1.9B	2.0B
Other Assets	11.2M	38.7M	23.9M	31.0M	35.7M	37.5M
Net Receivables	234.4M	261.2M	353.2M	304.9M	424.7M	216.4M
Inventory	75.1M	173.1M	174.0M	186.4M	255.6M	268.4M
Other Current Assets	21.4M	19.5M	11.7M	21.7M	18.2M	9.9M
Total Liab	173.2M	228.3M	214.7M	263.9M	535.0M	561.8M
Intangible Assets	39.9M	59.8M	53.5M	50.4M	49.1M	36.4M
Common Stock	198.9M	198.6M	391.5M	394.0M	453.1M	475.7M
Property Plant Equipment	382.6M	524.8M	597.6M	613.1M	705.1M	740.4M
Retained Earnings	572.6M	772.2M	948.4M	1.2B	1.5B	1.6B
Net Tangible Assets	1.1B	1.3B	2.2B	2.5B	2.9B	3.1B
Deferred Long Term Liab	2.6M	7.5M	5.9M	5.0M	5.7M	3.4M
Total Current Assets	884.1M	943.5M	1.8B	2.2B	3.0B	3.2B
Non Current Assets Total	460.7M	662.2M	712.2M	732.2M	853.1M	602.3M
Non Currrent Assets Other	3.7M	21.2M	6.7M	14.1M	88.9M	93.4M
Non Current Liabilities Total	20.9M	27.4M	35.1M	30.8M	31.1M	25.3M
Common Stock Shares Outstanding	198.9M	198.6M	391.5M	394.0M	552.8M	333.2M
Other Stockholder Equity	360.6K	(1.6M)	(7.9M)	(9.2M)	(8.3M)	(7.9M)
Net Invested Capital	1.2B	1.4B	2.3B	2.6B	3.2B	2.0B
Net Working Capital	731.7M	742.7M	1.7B	1.9B	2.5B	1.4B
Capital Stock	198.9M	198.6M	391.5M	394.0M	394.9M	325.8M

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Other Information on Investing in Suzhou Stock

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

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Suzhou Change In Working Capital vs Free Cash Flow Analysis

Change In Working Capital vs Free Cash Flow

Change In Working Capital vs Free Cash Flow Correlation Analysis

Correlation Coefficient

Change In Working Capital

Free Cash Flow

Suzhou TFC fundamental ratios Correlations

Suzhou TFC Account Relationship Matchups

High Positive Relationship

High Negative Relationship

Suzhou TFC fundamental ratios Accounts

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Other Information on Investing in Suzhou Stock

COMMON DESTINATIONS

MAIN CATEGORIES

COMPANY

Total Stockholder Equity	+ 1.0	Total Assets
Retained Earnings	+ 1.0	Total Assets
Accounts Payable	+ 1.0	Total Current Liabilities
Total Liab	+ 1.0	Total Current Liabilities
Total Liab	+ 1.0	Accounts Payable
Retained Earnings	+ 0.99	Total Stockholder Equity

Other Stockholder Equity	- 0.95	Net Tangible Assets
Other Stockholder Equity	- 0.92	Common Stock Shares Outstanding
Other Stockholder Equity	- 0.92	Total Current Assets
Other Stockholder Equity	- 0.92	Total Stockholder Equity
Other Stockholder Equity	- 0.91	Common Stock
Other Stockholder Equity	- 0.9	Total Assets