Cathay Capital Expenditures vs Free Cash Flow Analysis

688065 Stock

42.02 0.48 1.13%

Cathay Biotech financial indicator trend analysis is way more than just evaluating Cathay Biotech prevailing accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Cathay Biotech is a good investment. Please check the relationship between Cathay Biotech 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 Cathay Biotech. 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.

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 Cathay Biotech Capital Expenditures account and Free Cash Flow. At this time, the significance of the direction appears to have pay attention.

The correlation between Cathay Biotech's Capital Expenditures and Free Cash Flow is -1.0. 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 Cathay Biotech, assuming nothing else is changed. The correlation between historical values of Cathay Biotech'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 Cathay Biotech 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., Cathay Biotech's Capital Expenditures and Free Cash Flow go up and down completely randomly.

Correlation Coefficient

-1.0

Relationship Direction	Negative
Relationship Strength	Strong

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Capital Expenditures

Capital Expenditures are funds used by Cathay Biotech to acquire physical assets such as property, industrial buildings or equipment. This type of outlay is used by management to increase the scope of Cathay Biotech 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 Cathay Biotech's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Cathay Biotech 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 Cathay Biotech. 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 56.8 M, whereas Selling General Administrative is forecasted to decline to about 83.2 M.

	2021	2022	2023	2024 (projected)
Interest Expense	16.3M	20.0M	32.2M	19.7M
Interest Income	213.3M	236.8M	219.8M	156.9M

Interest Expense Interest Income

Cathay Biotech fundamental ratios Correlations

	Total Assets	Other Current Liab	Total Current Liabilities	Total Stockholder Equity	Retained Earnings	Accounts Payable	Cash	Non Current Assets Total	Non Currrent Assets Other	Long Term Debt	Net Receivables	Common Stock Shares Outstanding	Short Term Investments	Non Current Liabilities Total	Inventory	Other Current Assets	Total Liab	Net Invested Capital	Short Long Term Debt	Total Current Assets	Capital Stock	Net Working Capital	Intangible Assets	Property Plant And Equipment Net	Property Plant And Equipment Gross
Total Assets		-0.93	0.64	0.98	0.98	0.38	0.92	0.88	0.93	0.77	0.88	0.91	-0.82	0.67	0.91	-0.74	0.73	0.99	0.74	0.92	0.91	0.83	0.94	0.81	0.82
Other Current Liab	-0.93		-0.41	-0.98	-0.86	-0.05	-0.97	-0.67	-0.9	-0.93	-0.83	-0.92	0.62	-0.54	-0.73	0.72	-0.43	-0.96	-0.64	-0.98	-0.75	-0.96	-0.82	-0.57	-0.58
Total Current Liabilities	0.64	-0.41		0.55	0.72	0.71	0.43	0.77	0.48	0.07	0.48	0.67	-0.75	0.43	0.71	-0.37	0.82	0.61	0.86	0.43	0.75	0.26	0.62	0.84	0.84
Total Stockholder Equity	0.98	-0.98	0.55		0.94	0.23	0.95	0.79	0.91	0.85	0.83	0.94	-0.7	0.58	0.81	-0.7	0.59	1.0	0.74	0.96	0.84	0.9	0.86	0.71	0.72
Retained Earnings	0.98	-0.86	0.72	0.94		0.54	0.84	0.95	0.91	0.66	0.86	0.87	-0.83	0.71	0.94	-0.71	0.83	0.97	0.76	0.84	0.96	0.72	0.92	0.9	0.91
Accounts Payable	0.38	-0.05	0.71	0.23	0.54		0.0	0.76	0.29	-0.23	0.31	0.19	-0.49	0.55	0.6	-0.2	0.89	0.31	0.41	0.0	0.67	-0.19	0.38	0.85	0.84
Cash	0.92	-0.97	0.43	0.95	0.84	0.0		0.64	0.87	0.9	0.8	0.89	-0.71	0.46	0.74	-0.68	0.43	0.94	0.65	1.0	0.69	0.97	0.87	0.53	0.54
Non Current Assets Total	0.88	-0.67	0.77	0.79	0.95	0.76	0.64		0.82	0.44	0.81	0.71	-0.82	0.79	0.95	-0.66	0.95	0.84	0.67	0.64	0.98	0.48	0.85	0.98	0.99
Non Currrent Assets Other	0.93	-0.9	0.48	0.91	0.91	0.29	0.87	0.82		0.83	0.99	0.83	-0.79	0.84	0.91	-0.92	0.64	0.92	0.5	0.86	0.89	0.81	0.91	0.72	0.73
Long Term Debt	0.77	-0.93	0.07	0.85	0.66	-0.23	0.9	0.44	0.83		0.76	0.76	-0.43	0.47	0.56	-0.71	0.16	0.81	0.35	0.91	0.54	0.96	0.68	0.29	0.3
Net Receivables	0.88	-0.83	0.48	0.83	0.86	0.31	0.8	0.81	0.99	0.76		0.78	-0.81	0.9	0.92	-0.97	0.64	0.85	0.42	0.79	0.88	0.74	0.91	0.7	0.71
Common Stock Shares Outstanding	0.91	-0.92	0.67	0.94	0.87	0.19	0.89	0.71	0.83	0.76	0.78		-0.7	0.52	0.75	-0.69	0.52	0.93	0.83	0.91	0.8	0.86	0.79	0.66	0.67
Short Term Investments	-0.82	0.62	-0.75	-0.7	-0.83	-0.49	-0.71	-0.82	-0.79	-0.43	-0.81	-0.7		-0.68	-0.93	0.73	-0.8	-0.75	-0.6	-0.68	-0.8	-0.56	-0.95	-0.76	-0.77
Non Current Liabilities Total	0.67	-0.54	0.43	0.58	0.71	0.55	0.46	0.79	0.84	0.47	0.9	0.52	-0.68		0.86	-0.9	0.7	0.62	0.2	0.46	0.85	0.38	0.72	0.73	0.73
Inventory	0.91	-0.73	0.71	0.81	0.94	0.6	0.74	0.95	0.91	0.56	0.92	0.75	-0.93	0.86		-0.83	0.88	0.86	0.59	0.72	0.95	0.6	0.95	0.89	0.9
Other Current Assets	-0.74	0.72	-0.37	-0.7	-0.71	-0.2	-0.68	-0.66	-0.92	-0.71	-0.97	-0.69	0.73	-0.9	-0.83		-0.49	-0.71	-0.26	-0.68	-0.76	-0.67	-0.8	-0.55	-0.56
Total Liab	0.73	-0.43	0.82	0.59	0.83	0.89	0.43	0.95	0.64	0.16	0.64	0.52	-0.8	0.7	0.88	-0.49		0.66	0.61	0.42	0.88	0.23	0.75	0.97	0.97
Net Invested Capital	0.99	-0.96	0.61	1.0	0.97	0.31	0.94	0.84	0.92	0.81	0.85	0.93	-0.75	0.62	0.86	-0.71	0.66		0.76	0.94	0.88	0.87	0.89	0.77	0.78
Short Long Term Debt	0.74	-0.64	0.86	0.74	0.76	0.41	0.65	0.67	0.5	0.35	0.42	0.83	-0.6	0.2	0.59	-0.26	0.61	0.76		0.67	0.67	0.55	0.6	0.71	0.71
Total Current Assets	0.92	-0.98	0.43	0.96	0.84	0.0	1.0	0.64	0.86	0.91	0.79	0.91	-0.68	0.46	0.72	-0.68	0.42	0.94	0.67		0.69	0.98	0.85	0.53	0.54
Capital Stock	0.91	-0.75	0.75	0.84	0.96	0.67	0.69	0.98	0.89	0.54	0.88	0.8	-0.8	0.85	0.95	-0.76	0.88	0.88	0.67	0.69		0.57	0.85	0.95	0.95
Net Working Capital	0.83	-0.96	0.26	0.9	0.72	-0.19	0.97	0.48	0.81	0.96	0.74	0.86	-0.56	0.38	0.6	-0.67	0.23	0.87	0.55	0.98	0.57		0.76	0.36	0.37
Intangible Assets	0.94	-0.82	0.62	0.86	0.92	0.38	0.87	0.85	0.91	0.68	0.91	0.79	-0.95	0.72	0.95	-0.8	0.75	0.89	0.6	0.85	0.85	0.76		0.76	0.77
Property Plant And Equipment Net	0.81	-0.57	0.84	0.71	0.9	0.85	0.53	0.98	0.72	0.29	0.7	0.66	-0.76	0.73	0.89	-0.55	0.97	0.77	0.71	0.53	0.95	0.36	0.76		1.0
Property Plant And Equipment Gross	0.82	-0.58	0.84	0.72	0.91	0.84	0.54	0.99	0.73	0.3	0.71	0.67	-0.77	0.73	0.9	-0.56	0.97	0.78	0.71	0.54	0.95	0.37	0.77	1.0

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Cathay Biotech Account Relationship Matchups

Currently Active Assets on Macroaxis

C	Citigroup
GM	General Motors
F	Ford Motor
GM	General Motors
V	Visa Class A

Other Information on Investing in Cathay Stock

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

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Cathay Capital Expenditures vs Free Cash Flow Analysis

Capital Expenditures vs Free Cash Flow

Capital Expenditures vs Free Cash Flow Correlation Analysis

Correlation Coefficient

Capital Expenditures

Free Cash Flow

Cathay Biotech fundamental ratios Correlations

Cathay Biotech Account Relationship Matchups

High Positive Relationship

High Negative Relationship

Currently Active Assets on Macroaxis

Other Information on Investing in Cathay Stock

COMMON DESTINATIONS

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COMPANY

Net Invested Capital	+ 1.0	Total Stockholder Equity
Total Current Assets	+ 1.0	Cash
Property Plant And Equipment Gross	+ 1.0	Property Plant And Equipment Net
Net Invested Capital	+ 0.99	Total Assets
Property Plant And Equipment Gross	+ 0.99	Non Current Assets Total
Net Receivables	+ 0.99	Non Currrent Assets Other

Total Current Assets	- 0.98	Other Current Liab
Total Stockholder Equity	- 0.98	Other Current Liab
Other Current Assets	- 0.97	Net Receivables
Cash	- 0.97	Other Current Liab
Net Working Capital	- 0.96	Other Current Liab
Net Invested Capital	- 0.96	Other Current Liab