Defense Free Cash Flow Per Share vs Average Payables Analysis

DEFN Stock

CAD 0.14 0.01 7.69%

Defense Metals financial indicator trend analysis is much more than just examining Defense Metals Corp latest accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Defense Metals Corp is a good investment. Please check the relationship between Defense Metals Free Cash Flow Per Share and its Average Payables accounts. Check out Investing Opportunities to better understand how to build diversified portfolios, which includes a position in Defense Metals 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 board of governors.

Free Cash Flow Per Share vs Average Payables

Free Cash Flow Per Share vs Average Payables Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Defense Metals Corp Free Cash Flow Per Share account and Average Payables. At this time, the significance of the direction appears to have significant contrarian relationship.

The correlation between Defense Metals' Free Cash Flow Per Share and Average Payables is -0.33. Overlapping area represents the amount of variation of Free Cash Flow Per Share that can explain the historical movement of Average Payables in the same time period over historical financial statements of Defense Metals Corp, assuming nothing else is changed. The correlation between historical values of Defense Metals' Free Cash Flow Per Share and Average Payables 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 Per Share of Defense Metals Corp are associated (or correlated) with its Average Payables. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Average Payables has no effect on the direction of Free Cash Flow Per Share i.e., Defense Metals' Free Cash Flow Per Share and Average Payables go up and down completely randomly.

Correlation Coefficient

-0.33

Relationship Direction	Negative
Relationship Strength	Insignificant

View All Relationships

Free Cash Flow Per Share

The amount of cash a company generates after accounting for capital expenditures, divided by the number of outstanding shares. It represents the cash available for dividends, share buybacks, or debt repayment per share.

Average Payables

The average amount owed to suppliers and creditors over a specific period, reflecting the company's payment cycle and credit terms with suppliers.

Most indicators from Defense Metals' fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Defense Metals 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 Investing Opportunities to better understand how to build diversified portfolios, which includes a position in Defense Metals 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 board of governors.

At this time, Defense Metals' Issuance Of Capital Stock is fairly stable compared to the past year. Enterprise Value Over EBITDA is likely to climb to 163.85 in 2024, whereas Selling General Administrative is likely to drop slightly above 2.4 M in 2024.

Defense Metals fundamental ratios Correlations

	Total Assets	Total Current Liabilities	Total Stockholder Equity	Net Tangible Assets	Property Plant And Equipment Net	Net Debt	Retained Earnings	Accounts Payable	Cash	Non Current Assets Total	Cash And Short Term Investments	Common Stock Shares Outstanding	Total Liab	Total Current Assets	Common Stock	Property Plant Equipment	Other Stockholder Equity	Net Invested Capital	Net Working Capital	Other Current Liab	Net Receivables	Other Current Assets	Capital Stock	Non Currrent Assets Other	Other Assets	Inventory
Total Assets		0.97	1.0	1.0	1.0	-0.93	-0.94	0.99	0.95	1.0	0.95	0.99	0.97	0.95	1.0	1.0	0.49	1.0	0.83	0.9	0.69	0.45	1.0	0.95	0.86	-0.73
Total Current Liabilities	0.97		0.97	0.97	0.97	-0.9	-0.98	0.98	0.91	0.97	0.91	0.95	1.0	0.93	0.98	0.97	0.66	0.97	0.75	0.95	0.8	0.26	0.97	0.87	0.77	-0.66
Total Stockholder Equity	1.0	0.97		1.0	1.0	-0.93	-0.94	0.99	0.95	1.0	0.95	0.99	0.97	0.95	1.0	1.0	0.48	1.0	0.83	0.9	0.69	0.46	1.0	0.95	0.86	-0.73
Net Tangible Assets	1.0	0.97	1.0		1.0	-0.93	-0.94	0.99	0.95	1.0	0.95	0.99	0.97	0.95	1.0	1.0	0.48	1.0	0.83	0.9	0.69	0.46	1.0	0.95	0.86	-0.73
Property Plant And Equipment Net	1.0	0.97	1.0	1.0		-0.92	-0.94	0.99	0.94	1.0	0.94	0.98	0.97	0.94	1.0	1.0	0.48	1.0	0.82	0.91	0.69	0.45	1.0	0.95	0.85	-0.72
Net Debt	-0.93	-0.9	-0.93	-0.93	-0.92		0.92	-0.93	-0.98	-0.92	-0.98	-0.95	-0.9	-0.98	-0.94	-0.92	-0.59	-0.93	-0.92	-0.86	-0.78	-0.5	-0.94	-0.93	-0.9	0.63
Retained Earnings	-0.94	-0.98	-0.94	-0.94	-0.94	0.92		-0.96	-0.9	-0.94	-0.9	-0.94	-0.98	-0.92	-0.96	-0.94	-0.7	-0.94	-0.73	-0.96	-0.83	-0.29	-0.95	-0.85	-0.79	0.56
Accounts Payable	0.99	0.98	0.99	0.99	0.99	-0.93	-0.96		0.94	0.99	0.94	0.98	0.98	0.95	1.0	0.99	0.54	0.99	0.8	0.91	0.72	0.41	0.99	0.93	0.84	-0.71
Cash	0.95	0.91	0.95	0.95	0.94	-0.98	-0.9	0.94		0.94	1.0	0.98	0.91	1.0	0.95	0.94	0.56	0.95	0.95	0.82	0.73	0.49	0.95	0.97	0.9	-0.77
Non Current Assets Total	1.0	0.97	1.0	1.0	1.0	-0.92	-0.94	0.99	0.94		0.94	0.98	0.97	0.94	1.0	1.0	0.48	1.0	0.82	0.91	0.69	0.45	1.0	0.95	0.85	-0.72
Cash And Short Term Investments	0.95	0.91	0.95	0.95	0.94	-0.98	-0.9	0.94	1.0	0.94		0.98	0.91	1.0	0.95	0.94	0.56	0.95	0.95	0.82	0.73	0.49	0.95	0.97	0.9	-0.77
Common Stock Shares Outstanding	0.99	0.95	0.99	0.99	0.98	-0.95	-0.94	0.98	0.98	0.98	0.98		0.95	0.98	0.99	0.98	0.54	0.99	0.89	0.88	0.7	0.47	0.99	0.98	0.9	-0.76
Total Liab	0.97	1.0	0.97	0.97	0.97	-0.9	-0.98	0.98	0.91	0.97	0.91	0.95		0.93	0.98	0.97	0.66	0.97	0.75	0.95	0.8	0.26	0.97	0.87	0.77	-0.66
Total Current Assets	0.95	0.93	0.95	0.95	0.94	-0.98	-0.92	0.95	1.0	0.94	1.0	0.98	0.93		0.96	0.94	0.61	0.95	0.93	0.85	0.78	0.44	0.96	0.95	0.88	-0.75
Common Stock	1.0	0.98	1.0	1.0	1.0	-0.94	-0.96	1.0	0.95	1.0	0.95	0.99	0.98	0.96		1.0	0.53	1.0	0.83	0.91	0.72	0.43	1.0	0.95	0.86	-0.73
Property Plant Equipment	1.0	0.97	1.0	1.0	1.0	-0.92	-0.94	0.99	0.94	1.0	0.94	0.98	0.97	0.94	1.0		0.48	1.0	0.82	0.91	0.69	0.45	1.0	0.95	0.85	-0.72
Other Stockholder Equity	0.49	0.66	0.48	0.48	0.48	-0.59	-0.7	0.54	0.56	0.48	0.56	0.54	0.66	0.61	0.53	0.48		0.48	0.44	0.65	0.88	-0.25	0.5	0.4	0.36	-0.3
Net Invested Capital	1.0	0.97	1.0	1.0	1.0	-0.93	-0.94	0.99	0.95	1.0	0.95	0.99	0.97	0.95	1.0	1.0	0.48		0.83	0.9	0.69	0.46	1.0	0.95	0.86	-0.73
Net Working Capital	0.83	0.75	0.83	0.83	0.82	-0.92	-0.73	0.8	0.95	0.82	0.95	0.89	0.75	0.93	0.83	0.82	0.44	0.83		0.65	0.64	0.58	0.84	0.92	0.87	-0.76
Other Current Liab	0.9	0.95	0.9	0.9	0.91	-0.86	-0.96	0.91	0.82	0.91	0.82	0.88	0.95	0.85	0.91	0.91	0.65	0.9	0.65		0.83	0.34	0.9	0.78	0.78	-0.43
Net Receivables	0.69	0.8	0.69	0.69	0.69	-0.78	-0.83	0.72	0.73	0.69	0.73	0.7	0.8	0.78	0.72	0.69	0.88	0.69	0.64	0.83		0.06	0.71	0.57	0.55	-0.36
Other Current Assets	0.45	0.26	0.46	0.46	0.45	-0.5	-0.29	0.41	0.49	0.45	0.49	0.47	0.26	0.44	0.43	0.45	-0.25	0.46	0.58	0.34	0.06		0.45	0.59	0.76	-0.24
Capital Stock	1.0	0.97	1.0	1.0	1.0	-0.94	-0.95	0.99	0.95	1.0	0.95	0.99	0.97	0.96	1.0	1.0	0.5	1.0	0.84	0.9	0.71	0.45		0.95	0.86	-0.73
Non Currrent Assets Other	0.95	0.87	0.95	0.95	0.95	-0.93	-0.85	0.93	0.97	0.95	0.97	0.98	0.87	0.95	0.95	0.95	0.4	0.95	0.92	0.78	0.57	0.59	0.95		0.93	-0.8
Other Assets	0.86	0.77	0.86	0.86	0.85	-0.9	-0.79	0.84	0.9	0.85	0.9	0.9	0.77	0.88	0.86	0.85	0.36	0.86	0.87	0.78	0.55	0.76	0.86	0.93		-0.58
Inventory	-0.73	-0.66	-0.73	-0.73	-0.72	0.63	0.56	-0.71	-0.77	-0.72	-0.77	-0.76	-0.66	-0.75	-0.73	-0.72	-0.3	-0.73	-0.76	-0.43	-0.36	-0.24	-0.73	-0.8	-0.58

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Defense Metals Account Relationship Matchups

Defense Metals fundamental ratios Accounts

	2019	2020	2021	2022	2023	2024 (projected)
Total Assets	2.0M	4.1M	25.3M	32.7M	37.7M	39.5M
Total Current Liabilities	207.3K	327.9K	668.6K	656.5K	755.0K	792.7K
Total Stockholder Equity	1.8M	3.8M	24.6M	32.1M	36.9M	38.7M
Net Tangible Assets	1.8M	3.8M	24.6M	32.1M	36.9M	38.7M
Property Plant And Equipment Net	1.8M	2.9M	24.1M	30.3M	34.8M	36.6M
Net Debt	(166.2K)	(849.5K)	(724.8K)	(1.8M)	(1.6M)	(1.5M)
Retained Earnings	(3.5M)	(6.1M)	(9.9M)	(12.6M)	(11.4M)	(10.8M)
Accounts Payable	40.0K	69.1K	222.9K	262.6K	302.0K	317.1K
Cash	166.2K	849.5K	724.8K	1.8M	2.0M	2.1M
Non Current Assets Total	1.8M	3.0M	24.3M	30.7M	35.3M	37.1M
Cash And Short Term Investments	166.2K	849.5K	724.8K	1.8M	2.0M	2.1M
Common Stock Shares Outstanding	31.5M	53.0M	95.9M	178.5M	205.2M	215.5M
Liabilities And Stockholders Equity	2.0M	4.1M	25.3M	32.7M	37.7M	39.5M
Total Liab	207.3K	327.9K	668.6K	656.5K	755.0K	792.7K
Total Current Assets	208.9K	1.2M	976.7K	2.0M	2.4M	2.5M
Common Stock	4.7M	8.5M	30.3M	40.0M	46.0M	48.2M
Property Plant Equipment	1.8M	3.0M	24.1M	30.3M	34.8M	36.6M
Other Stockholder Equity	307.5K	618.7K	1.5M	626.6K	720.6K	688.2K
Net Invested Capital	1.8M	3.8M	24.6M	32.1M	36.9M	38.7M
Accumulated Other Comprehensive Income	618.7K	1.5M	3.6M	4.8M	5.5M	5.8M
Net Working Capital	1.6K	855.0K	308.1K	1.4M	1.6M	1.7M
Other Current Liab	207.3K	327.9K	668.6K	656.5K	755.0K	421.9K
Net Receivables	9.6K	301.8K	206.8K	189.8K	218.3K	161.9K
Other Current Assets	33.1K	31.6K	45.1K	94.2K	108.3K	59.0K
Capital Stock	4.7M	8.5M	30.3M	40.0M	46.0M	48.2M

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