CNEY Cash Conversion Cycle vs Free Cash Flow Yield Analysis

CNEY Stock

USD 0.32 0.02 5.88%

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

Cash Conversion Cycle vs Free Cash Flow Yield

Cash Conversion Cycle vs Free Cash Flow Yield Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of CN Energy Group Cash Conversion Cycle account and Free Cash Flow Yield. At this time, the significance of the direction appears to have weak relationship.

The correlation between CN Energy's Cash Conversion Cycle and Free Cash Flow Yield is 0.35. Overlapping area represents the amount of variation of Cash Conversion Cycle that can explain the historical movement of Free Cash Flow Yield in the same time period over historical financial statements of CN Energy Group, assuming nothing else is changed. The correlation between historical values of CN Energy's Cash Conversion Cycle and Free Cash Flow Yield is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Cash Conversion Cycle of CN Energy Group are associated (or correlated) with its Free Cash Flow Yield. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Free Cash Flow Yield has no effect on the direction of Cash Conversion Cycle i.e., CN Energy's Cash Conversion Cycle and Free Cash Flow Yield go up and down completely randomly.

Correlation Coefficient

0.35

Relationship Direction	Positive
Relationship Strength	Very Weak

View All Relationships

Cash Conversion Cycle

Free Cash Flow Yield

A financial solvency ratio that compares the free cash flow per share a company is expected to earn against its market value per share, calculated as free cash flow per share divided by market price per share.

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

Selling General Administrative is likely to rise to about 6.9 M in 2024, despite the fact that Tax Provision is likely to grow to (189.9 K).

	2021	2022	2023	2024 (projected)
Gross Profit	3.6M	788.7K	709.8K	674.3K
Total Revenue	40.2M	57.9M	66.6M	69.9M

Gross Profit Total Revenue

CN Energy fundamental ratios Correlations

	Total Assets	Other Current Liab	Total Current Liabilities	Total Stockholder Equity	Net Tangible Assets	Property Plant And Equipment Net	Current Deferred Revenue	Net Debt	Retained Earnings	Accounts Payable	Cash	Non Current Assets Total	Non Currrent Assets Other	Other Assets	Cash And Short Term Investments	Net Receivables	Common Stock Total Equity	Common Stock Shares Outstanding	Inventory	Other Current Assets	Other Stockholder Equity	Total Liab	Net Invested Capital	Property Plant And Equipment Gross	Total Current Assets	Capital Stock
Total Assets		0.47	0.78	1.0	0.85	0.97	0.54	0.55	0.13	0.84	0.07	0.96	0.92	0.96	0.08	0.83	-0.74	-0.67	0.9	0.2	0.93	0.79	1.0	0.89	0.89	0.99
Other Current Liab	0.47		0.77	0.4	0.58	0.27	-0.25	-0.46	0.7	0.23	0.9	0.23	0.55	0.57	0.9	0.38	-0.15	-0.5	0.1	0.92	0.44	0.78	0.4	0.58	0.63	0.38
Total Current Liabilities	0.78	0.77		0.73	0.8	0.67	0.26	0.03	0.33	0.68	0.55	0.65	0.7	0.76	0.52	0.64	-0.33	-0.55	0.58	0.58	0.76	1.0	0.73	0.82	0.9	0.73
Total Stockholder Equity	1.0	0.4	0.73		0.84	0.98	0.56	0.62	0.1	0.83	-0.02	0.97	0.93	0.95	0.0	0.85	-0.74	-0.67	0.91	0.13	0.93	0.73	1.0	0.88	0.87	1.0
Net Tangible Assets	0.85	0.58	0.8	0.84		0.73	0.15	0.28	0.43	0.5	0.25	0.71	0.93	0.93	0.32	0.96	-0.33	-0.73	0.6	0.45	0.9	0.81	0.84	0.99	0.98	0.82
Property Plant And Equipment Net	0.97	0.27	0.67	0.98	0.73		0.68	0.72	-0.06	0.9	-0.15	1.0	0.83	0.87	-0.15	0.76	-0.8	-0.61	0.97	-0.04	0.89	0.67	0.98	0.79	0.78	0.99
Current Deferred Revenue	0.54	-0.25	0.26	0.56	0.15	0.68		0.74	-0.75	0.84	-0.48	0.71	0.26	0.28	-0.56	0.18	-0.67	0.07	0.82	-0.48	0.44	0.24	0.56	0.19	0.24	0.6
Net Debt	0.55	-0.46	0.03	0.62	0.28	0.72	0.74		-0.48	0.61	-0.79	0.74	0.4	0.42	-0.78	0.47	-0.62	-0.27	0.8	-0.69	0.5	0.03	0.61	0.33	0.27	0.63
Retained Earnings	0.13	0.7	0.33	0.1	0.43	-0.06	-0.75	-0.48		-0.32	0.66	-0.1	0.37	0.38	0.74	0.36	0.2	-0.65	-0.27	0.73	0.16	0.35	0.09	0.43	0.37	0.04
Accounts Payable	0.84	0.23	0.68	0.83	0.5	0.9	0.84	0.61	-0.32		-0.08	0.91	0.58	0.65	-0.16	0.46	-0.77	-0.29	0.94	-0.08	0.72	0.67	0.83	0.55	0.62	0.86
Cash	0.07	0.9	0.55	-0.02	0.25	-0.15	-0.48	-0.79	0.66	-0.08		-0.18	0.15	0.17	0.98	0.01	0.2	-0.17	-0.29	0.95	0.06	0.56	-0.02	0.23	0.31	-0.04
Non Current Assets Total	0.96	0.23	0.65	0.97	0.71	1.0	0.71	0.74	-0.1	0.91	-0.18		0.8	0.85	-0.19	0.74	-0.8	-0.59	0.98	-0.08	0.87	0.65	0.97	0.76	0.76	0.98
Non Currrent Assets Other	0.92	0.55	0.7	0.93	0.93	0.83	0.26	0.4	0.37	0.58	0.15	0.8		0.99	0.23	0.93	-0.58	-0.74	0.69	0.37	0.91	0.71	0.92	0.95	0.91	0.9
Other Assets	0.96	0.57	0.76	0.95	0.93	0.87	0.28	0.42	0.38	0.65	0.17	0.85	0.99		0.23	0.92	-0.62	-0.78	0.74	0.36	0.92	0.77	0.95	0.96	0.92	0.93
Cash And Short Term Investments	0.08	0.9	0.52	0.0	0.32	-0.15	-0.56	-0.78	0.74	-0.16	0.98	-0.19	0.23	0.23		0.11	0.22	-0.23	-0.32	0.98	0.1	0.53	0.0	0.3	0.35	-0.03
Net Receivables	0.83	0.38	0.64	0.85	0.96	0.76	0.18	0.47	0.36	0.46	0.01	0.74	0.93	0.92	0.11		-0.37	-0.75	0.63	0.25	0.89	0.65	0.85	0.96	0.91	0.82
Common Stock Total Equity	-0.74	-0.15	-0.33	-0.74	-0.33	-0.8	-0.67	-0.62	0.2	-0.77	0.2	-0.8	-0.58	-0.62	0.22	-0.37		0.34	-0.79	0.14	-0.65	-0.33	-0.75	-0.42	-0.37	-0.76
Common Stock Shares Outstanding	-0.67	-0.5	-0.55	-0.67	-0.73	-0.61	0.07	-0.27	-0.65	-0.29	-0.17	-0.59	-0.74	-0.78	-0.23	-0.75	0.34		-0.46	-0.27	-0.65	-0.57	-0.67	-0.78	-0.69	-0.64
Inventory	0.9	0.1	0.58	0.91	0.6	0.97	0.82	0.8	-0.27	0.94	-0.29	0.98	0.69	0.74	-0.32	0.63	-0.79	-0.46		-0.22	0.8	0.58	0.91	0.65	0.66	0.93
Other Current Assets	0.2	0.92	0.58	0.13	0.45	-0.04	-0.48	-0.69	0.73	-0.08	0.95	-0.08	0.37	0.36	0.98	0.25	0.14	-0.27	-0.22		0.23	0.59	0.13	0.42	0.47	0.1
Other Stockholder Equity	0.93	0.44	0.76	0.93	0.9	0.89	0.44	0.5	0.16	0.72	0.06	0.87	0.91	0.92	0.1	0.89	-0.65	-0.65	0.8	0.23		0.77	0.93	0.93	0.91	0.93
Total Liab	0.79	0.78	1.0	0.73	0.81	0.67	0.24	0.03	0.35	0.67	0.56	0.65	0.71	0.77	0.53	0.65	-0.33	-0.57	0.58	0.59	0.77		0.74	0.83	0.91	0.73
Net Invested Capital	1.0	0.4	0.73	1.0	0.84	0.98	0.56	0.61	0.09	0.83	-0.02	0.97	0.92	0.95	0.0	0.85	-0.75	-0.67	0.91	0.13	0.93	0.74		0.88	0.87	1.0
Property Plant And Equipment Gross	0.89	0.58	0.82	0.88	0.99	0.79	0.19	0.33	0.43	0.55	0.23	0.76	0.95	0.96	0.3	0.96	-0.42	-0.78	0.65	0.42	0.93	0.83	0.88		0.98	0.86
Total Current Assets	0.89	0.63	0.9	0.87	0.98	0.78	0.24	0.27	0.37	0.62	0.31	0.76	0.91	0.92	0.35	0.91	-0.37	-0.69	0.66	0.47	0.91	0.91	0.87	0.98		0.85
Capital Stock	0.99	0.38	0.73	1.0	0.82	0.99	0.6	0.63	0.04	0.86	-0.04	0.98	0.9	0.93	-0.03	0.82	-0.76	-0.64	0.93	0.1	0.93	0.73	1.0	0.86	0.85

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CN Energy Account Relationship Matchups

CN Energy fundamental ratios Accounts

	2019	2020	2021	2022	2023	2024 (projected)
Total Assets	31.4M	69.0M	94.9M	126.2M	145.1M	152.4M
Other Current Liab	946.6K	1.9M	18.5M	2.6M	3.0M	4.7M
Total Current Liabilities	7.7M	5.6M	30.5M	22.5M	25.9M	14.6M
Total Stockholder Equity	23.1M	62.7M	63.8M	103.6M	119.1M	125.1M
Net Tangible Assets	17.2M	20.6M	62.0M	63.3M	72.7M	39.5M
Property Plant And Equipment Net	15.3M	19.1M	19.9M	42.4M	48.7M	51.2M
Current Deferred Revenue	120.4K	111.3K	96.5K	1.2M	1.4M	1.5M
Net Debt	178.3K	1.4M	(13.8M)	7.1M	8.2M	8.6M
Retained Earnings	259.5K	394.6K	2.4M	(3.2M)	(3.7M)	(3.5M)
Accounts Payable	4.8M	1.8M	7.5M	12.6M	14.5M	15.2M
Cash	1.6M	190.8K	18.0M	195.5K	224.8K	213.6K
Non Current Assets Total	16.7M	20.1M	20.7M	53.7M	61.8M	64.9M
Non Currrent Assets Other	593.2K	385.2K	5.6M	4.7M	5.4M	5.7M
Other Assets	599.9K	1.6M	5.0M	5.3M	6.2M	6.5M
Cash And Short Term Investments	1.6M	3.3M	18.0M	195.5K	224.8K	213.6K
Net Receivables	8.7M	33.5M	18.9M	29.0M	33.4M	17.9M
Liabilities And Stockholders Equity	31.4M	69.0M	94.9M	126.2M	145.1M	152.4M
Non Current Liabilities Total	621.3K	641.1K	698.0K	108.3K	97.5K	92.6K
Inventory	2.8M	1.1M	784.3K	41.7M	48.0M	50.4M
Other Current Assets	1.6M	11.0M	36.5M	3.1M	3.5M	3.4M
Total Liab	8.3M	6.3M	31.2M	22.6M	26.0M	15.0M
Net Invested Capital	22.9M	64.2M	67.9M	110.8M	127.4M	133.8M
Property Plant And Equipment Gross	14.4M	25.9M	27.4M	27.2M	31.3M	21.8M
Total Current Assets	14.7M	48.9M	74.2M	72.4M	83.3M	42.7M
Accumulated Other Comprehensive Income	(837.3K)	438.4K	(6.0M)	(8.2M)	(7.4M)	(7.0M)
Capital Stock	15.8M	53.0M	58.5M	106.2M	122.1M	128.2M
Net Working Capital	7.0M	43.2M	43.8M	49.9M	57.4M	60.3M
Short Term Debt	1.7M	1.6M	3.8M	7.3M	8.3M	8.8M
Intangible Assets	1.0M	952.6K	804.2K	6.7M	7.7M	8.0M
Property Plant Equipment	12.8M	14.4M	14.4M	14.9M	17.1M	14.9M
Short Long Term Debt Total	1.7M	1.6M	4.2M	7.3M	8.4M	8.8M
Short Long Term Debt	1.6M	1.5M	3.7M	7.2M	8.3M	8.7M

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CNEY Cash Conversion Cycle vs Free Cash Flow Yield Analysis

Cash Conversion Cycle vs Free Cash Flow Yield

Cash Conversion Cycle vs Free Cash Flow Yield Correlation Analysis

Correlation Coefficient

Cash Conversion Cycle

Free Cash Flow Yield

CN Energy fundamental ratios Correlations

CN Energy Account Relationship Matchups

High Positive Relationship

High Negative Relationship

CN Energy fundamental ratios Accounts

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Additional Tools for CNEY Stock Analysis

COMMON DESTINATIONS

MAIN CATEGORIES

COMPANY

Total Stockholder Equity	+ 1.0	Total Assets
Net Invested Capital	+ 1.0	Total Assets
Total Liab	+ 1.0	Total Current Liabilities
Net Invested Capital	+ 1.0	Total Stockholder Equity
Capital Stock	+ 1.0	Total Stockholder Equity
Non Current Assets Total	+ 1.0	Property Plant And Equipment Net

Common Stock Total Equity	- 0.8	Non Current Assets Total
Common Stock Total Equity	- 0.8	Property Plant And Equipment Net
Inventory	- 0.79	Common Stock Total Equity
Cash	- 0.79	Net Debt
Property Plant And Equipment Gross	- 0.78	Common Stock Shares Outstanding
Common Stock Shares Outstanding	- 0.78	Other Assets