Api Free Cash Flow vs Other Non Cash Items Analysis

APG Stock

USD 36.04 0.67 1.83%

Api Group financial indicator trend analysis is way more than just evaluating Api Group Corp prevailing accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Api Group Corp is a good investment. Please check the relationship between Api Group Free Cash Flow and its Other Non Cash Items accounts. Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in Api Group Corp. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in american community survey.

Free Cash Flow vs Other Non Cash Items

Free Cash Flow vs Other Non Cash Items Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Api Group Corp Free Cash Flow account and Other Non Cash Items. At this time, the significance of the direction appears to have almost identical trend.

The correlation between Api Group's Free Cash Flow and Other Non Cash Items is 0.93. Overlapping area represents the amount of variation of Free Cash Flow that can explain the historical movement of Other Non Cash Items in the same time period over historical financial statements of Api Group Corp, assuming nothing else is changed. The correlation between historical values of Api Group's Free Cash Flow and Other Non Cash Items 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 Api Group Corp are associated (or correlated) with its Other Non Cash Items. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Other Non Cash Items has no effect on the direction of Free Cash Flow i.e., Api Group's Free Cash Flow and Other Non Cash Items go up and down completely randomly.

Correlation Coefficient

0.93

Relationship Direction	Positive
Relationship Strength	Very Strong

View All Relationships

Free Cash Flow

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

Other Non Cash Items

Most indicators from Api Group's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Api Group Corp 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 Api Group Corp. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in american community survey.

At this time, Api Group's Enterprise Value Over EBITDA is most likely to increase significantly in the upcoming years. The Api Group's current Enterprise Value Multiple is estimated to increase to 19.53, while Issuance Of Capital Stock is projected to decrease to 0.00.

	2021	2022	2023	2024 (projected)
Gross Profit	939M	1.7B	1.9B	995.5M
Total Revenue	3.9B	6.6B	6.9B	4.1B

Gross Profit Total Revenue

Api Group fundamental ratios Correlations

	Total Assets	Other Current Liab	Total Current Liabilities	Total Stockholder Equity	Net Debt	Retained Earnings	Cash	Cash And Short Term Investments	Common Stock Shares Outstanding	Short Term Investments	Other Current Assets	Other Stockholder Equity	Total Liab	Total Current Assets	Short Long Term Debt Total	Other Liab	Net Tangible Assets	Property Plant And Equipment Net	Current Deferred Revenue	Accounts Payable	Non Current Assets Total	Non Currrent Assets Other	Other Assets	Long Term Debt	Net Receivables	Good Will
Total Assets		0.96	0.95	0.88	0.97	-0.35	0.77	-0.57	0.99	0.67	0.65	0.55	0.99	0.92	0.99	0.9	-0.94	0.97	0.87	0.87	0.99	0.73	0.83	0.99	0.78	0.98
Other Current Liab	0.96		0.99	0.76	0.97	-0.17	0.7	-0.78	0.92	0.69	0.57	0.37	0.97	0.8	0.92	0.86	-0.93	0.94	0.8	0.77	0.94	0.63	0.78	0.93	0.7	0.93
Total Current Liabilities	0.95	0.99		0.72	0.97	-0.07	0.67	-0.76	0.92	0.67	0.55	0.28	0.98	0.81	0.92	0.86	-0.89	0.92	0.84	0.83	0.93	0.71	0.8	0.92	0.76	0.93
Total Stockholder Equity	0.88	0.76	0.72		0.78	-0.56	0.77	-0.25	0.89	0.73	0.7	0.83	0.8	0.91	0.88	0.81	-0.82	0.85	0.8	0.77	0.87	0.49	0.75	0.9	0.7	0.89
Net Debt	0.97	0.97	0.97	0.78		-0.24	0.63	-0.69	0.95	0.66	0.47	0.41	0.99	0.81	0.96	0.9	-0.94	0.97	0.88	0.86	0.98	0.78	0.83	0.95	0.8	0.97
Retained Earnings	-0.35	-0.17	-0.07	-0.56	-0.24		-0.49	-0.29	-0.42	-0.01	-0.38	-0.9	-0.27	-0.39	-0.41	-0.26	0.41	-0.38	-0.17	-0.17	-0.38	-0.18	-0.16	-0.44	-0.06	-0.35
Cash	0.77	0.7	0.67	0.77	0.63	-0.49		-0.28	0.8	0.37	0.96	0.6	0.74	0.86	0.78	0.57	-0.67	0.65	0.48	0.5	0.68	0.35	0.48	0.82	0.32	0.67
Cash And Short Term Investments	-0.57	-0.78	-0.76	-0.25	-0.69	-0.29	-0.28		-0.49	-0.49	-0.17	0.17	-0.64	-0.27	-0.5	-0.55	0.64	-0.62	-0.4	-0.34	-0.56	-0.31	-0.45	-0.51	-0.33	-0.53
Common Stock Shares Outstanding	0.99	0.92	0.92	0.89	0.95	-0.42	0.8	-0.49		0.62	0.67	0.59	0.98	0.94	1.0	0.89	-0.93	0.96	0.86	0.87	0.98	0.76	0.83	0.99	0.77	0.97
Short Term Investments	0.67	0.69	0.67	0.73	0.66	-0.01	0.37	-0.49	0.62		0.33	0.38	0.62	0.61	0.64	0.83	-0.7	0.71	0.79	0.69	0.69	0.28	0.83	0.65	0.71	0.74
Other Current Assets	0.65	0.57	0.55	0.7	0.47	-0.38	0.96	-0.17	0.67	0.33		0.53	0.6	0.81	0.64	0.44	-0.5	0.49	0.37	0.4	0.53	0.21	0.36	0.69	0.24	0.53
Other Stockholder Equity	0.55	0.37	0.28	0.83	0.41	-0.9	0.6	0.17	0.59	0.38	0.53		0.44	0.62	0.58	0.49	-0.56	0.56	0.44	0.41	0.56	0.22	0.4	0.62	0.33	0.57
Total Liab	0.99	0.97	0.98	0.8	0.99	-0.27	0.74	-0.64	0.98	0.62	0.6	0.44		0.88	0.98	0.88	-0.93	0.96	0.86	0.86	0.98	0.77	0.81	0.97	0.77	0.97
Total Current Assets	0.92	0.8	0.81	0.91	0.81	-0.39	0.86	-0.27	0.94	0.61	0.81	0.62	0.88		0.93	0.8	-0.77	0.82	0.83	0.86	0.88	0.67	0.78	0.93	0.75	0.89
Short Long Term Debt Total	0.99	0.92	0.92	0.88	0.96	-0.41	0.78	-0.5	1.0	0.64	0.64	0.58	0.98	0.93		0.91	-0.94	0.96	0.88	0.88	0.99	0.77	0.85	1.0	0.79	0.98
Other Liab	0.9	0.86	0.86	0.81	0.9	-0.26	0.57	-0.55	0.89	0.83	0.44	0.49	0.88	0.8	0.91		-0.94	0.94	0.89	0.86	0.93	0.69	0.98	0.9	0.83	0.94
Net Tangible Assets	-0.94	-0.93	-0.89	-0.82	-0.94	0.41	-0.67	0.64	-0.93	-0.7	-0.5	-0.56	-0.93	-0.77	-0.94	-0.94		-0.98	-0.79	-0.75	-0.96	-0.65	-0.84	-0.95	-0.68	-0.94
Property Plant And Equipment Net	0.97	0.94	0.92	0.85	0.97	-0.38	0.65	-0.62	0.96	0.71	0.49	0.56	0.96	0.82	0.96	0.94	-0.98		0.86	0.83	0.99	0.72	0.86	0.96	0.78	0.97
Current Deferred Revenue	0.87	0.8	0.84	0.8	0.88	-0.17	0.48	-0.4	0.86	0.79	0.37	0.44	0.86	0.83	0.88	0.89	-0.79	0.86		0.98	0.9	0.77	0.92	0.85	0.97	0.94
Accounts Payable	0.87	0.77	0.83	0.77	0.86	-0.17	0.5	-0.34	0.87	0.69	0.4	0.41	0.86	0.86	0.88	0.86	-0.75	0.83	0.98		0.89	0.85	0.9	0.84	0.98	0.92
Non Current Assets Total	0.99	0.94	0.93	0.87	0.98	-0.38	0.68	-0.56	0.98	0.69	0.53	0.56	0.98	0.88	0.99	0.93	-0.96	0.99	0.9	0.89		0.78	0.87	0.98	0.82	0.99
Non Currrent Assets Other	0.73	0.63	0.71	0.49	0.78	-0.18	0.35	-0.31	0.76	0.28	0.21	0.22	0.77	0.67	0.77	0.69	-0.65	0.72	0.77	0.85	0.78		0.72	0.71	0.82	0.76
Other Assets	0.83	0.78	0.8	0.75	0.83	-0.16	0.48	-0.45	0.83	0.83	0.36	0.4	0.81	0.78	0.85	0.98	-0.84	0.86	0.92	0.9	0.87	0.72		0.83	0.89	0.89
Long Term Debt	0.99	0.93	0.92	0.9	0.95	-0.44	0.82	-0.51	0.99	0.65	0.69	0.62	0.97	0.93	1.0	0.9	-0.95	0.96	0.85	0.84	0.98	0.71	0.83		0.74	0.97
Net Receivables	0.78	0.7	0.76	0.7	0.8	-0.06	0.32	-0.33	0.77	0.71	0.24	0.33	0.77	0.75	0.79	0.83	-0.68	0.78	0.97	0.98	0.82	0.82	0.89	0.74		0.85
Good Will	0.98	0.93	0.93	0.89	0.97	-0.35	0.67	-0.53	0.97	0.74	0.53	0.57	0.97	0.89	0.98	0.94	-0.94	0.97	0.94	0.92	0.99	0.76	0.89	0.97	0.85

Click cells to compare fundamentals

Api Group Account Relationship Matchups

Api Group fundamental ratios Accounts

	2019	2020	2021	2022	2023	2024 (projected)
Total Assets	4.0B	4.1B	5.2B	8.1B	7.6B	5.1B
Other Current Liab	428M	423M	360M	689M	729M	464.5M
Total Current Liabilities	823M	841M	867M	1.9B	1.8B	1.1B
Total Stockholder Equity	1.8B	1.6B	2.3B	2.1B	2.9B	2.0B
Net Debt	1.1B	1.0B	685M	2.4B	2.1B	1.2B
Retained Earnings	(128M)	(284M)	(237M)	(164M)	(11M)	(11.6M)
Cash	256M	515M	1.2B	605M	479M	489.7M
Cash And Short Term Investments	256M	515M	1.2B	605M	479M	494.5M
Common Stock Shares Outstanding	173.9M	169.5M	205.8M	266.1M	235.1M	203.1M
Liabilities And Stockholders Equity	4.0B	4.1B	5.2B	8.1B	7.6B	5.1B
Other Current Assets	53M	77M	385M	112M	122M	121.9M
Other Stockholder Equity	1.9B	1.9B	2.6B	1.8B	2.6B	1.7B
Total Liab	2.3B	2.5B	2.8B	6.0B	4.7B	3.1B
Total Current Assets	1.3B	1.4B	2.6B	2.7B	2.6B	2.0B
Accumulated Other Comprehensive Income	(28M)	3M	(14M)	(267M)	(490M)	(465.5M)
Short Long Term Debt Total	1.3B	1.5B	1.9B	3.0B	2.6B	2.0B
Other Liab	165M	173M	124M	497M	571.6M	600.1M
Net Tangible Assets	(344M)	(489M)	335M	(1.2B)	(1.1B)	(1.1B)
Property Plant And Equipment Net	507M	462M	427M	629M	618M	544.7M
Current Deferred Revenue	193M	219M	243M	463M	526M	338.6M
Accounts Payable	156M	150M	236M	490M	472M	307.6M
Non Current Assets Total	2.7B	2.6B	2.5B	5.4B	5.0B	3.5B
Non Currrent Assets Other	61M	21M	41M	532M	175M	160.8M
Other Assets	55M	110M	118M	640M	736M	772.8M
Long Term Debt	1.2B	1.4B	1.8B	2.6B	2.3B	1.7B
Net Receivables	975M	781M	984M	1.8B	1.8B	1.3B
Good Will	980M	1.1B	1.1B	2.4B	2.5B	1.5B
Long Term Debt Total	1.2B	1.4B	1.8B	2.6B	3.0B	1.6B
Non Current Liabilities Total	1.4B	1.7B	2.0B	4.0B	2.9B	2.3B
Capital Surpluse	1.9B	1.9B	2.6B	2.6B	2.9B	2.2B
Capital Lease Obligations	122M	127M	106M	239M	247M	154.2M
Inventory	58M	64M	69M	163M	150M	102.7M
Net Invested Capital	2.9B	3.0B	4.1B	4.1B	4.4B	3.6B
Property Plant And Equipment Gross	507M	462M	427M	629M	865M	590.0M
Short Long Term Debt	19M	18M	1M	206M	5M	4.8M
Non Current Liabilities Other	49M	128M	160M	914M	138M	254.9M
Net Working Capital	519M	596M	1.8B	731M	775M	829.2M
Short Term Debt	46M	49M	28M	279M	80M	103.6M
Intangible Assets	1.1B	965M	882M	1.8B	1.6B	1.2B

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When determining whether Api Group Corp is a strong investment it is important to analyze Api Group's competitive position within its industry, examining market share, product or service uniqueness, and competitive advantages. Beyond financials and market position, potential investors should also consider broader economic conditions, industry trends, and any regulatory or geopolitical factors that may impact Api Group's future performance. For an informed investment choice regarding Api Stock, refer to the following important reports:

How To Invest In Api

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Is Api Stock a good investment?

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What is Api Group's Net Worth?

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Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in Api Group Corp. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in american community survey.

You can also try the Price Exposure Probability module to analyze equity upside and downside potential for a given time horizon across multiple markets.

Is Construction & Engineering space expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of Api Group. If investors know Api will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about Api Group listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.

Quarterly Earnings Growth

0.563

Earnings Share

(1.74)

Revenue Per Share

26.82

Quarterly Revenue Growth

0.024

Return On Assets

0.0339

The market value of Api Group Corp is measured differently than its book value, which is the value of Api that is recorded on the company's balance sheet. Investors also form their own opinion of Api Group's value that differs from its market value or its book value, called intrinsic value, which is Api Group's true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because Api Group's market value can be influenced by many factors that don't directly affect Api Group's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.

Please note, there is a significant difference between Api Group's value and its price as these two are different measures arrived at by different means. Investors typically determine if Api Group is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Api Group's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.

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Api Free Cash Flow vs Other Non Cash Items Analysis

Free Cash Flow vs Other Non Cash Items

Free Cash Flow vs Other Non Cash Items Correlation Analysis

Correlation Coefficient

Free Cash Flow

Other Non Cash Items

Api Group fundamental ratios Correlations

Api Group Account Relationship Matchups

High Positive Relationship

High Negative Relationship

Api Group fundamental ratios Accounts

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COMMON DESTINATIONS

MAIN CATEGORIES

COMPANY

Short Long Term Debt Total	+ 1.0	Common Stock Shares Outstanding
Long Term Debt	+ 1.0	Short Long Term Debt Total
Common Stock Shares Outstanding	+ 0.99	Total Assets
Total Liab	+ 0.99	Total Assets
Short Long Term Debt Total	+ 0.99	Total Assets
Non Current Assets Total	+ 0.99	Total Assets

Property Plant And Equipment Net	- 0.98	Net Tangible Assets
Non Current Assets Total	- 0.96	Net Tangible Assets
Long Term Debt	- 0.95	Net Tangible Assets
Good Will	- 0.94	Net Tangible Assets
Net Tangible Assets	- 0.94	Other Liab
Net Tangible Assets	- 0.94	Short Long Term Debt Total