Environmental Free Cash Flow Yield vs Payables Turnover Analysis

EWS Stock  CAD 0.01  0.00  0.00%   
Environmental Waste financial indicator trend analysis is much more than just examining Environmental Waste latest accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Environmental Waste is a good investment. Please check the relationship between Environmental Waste Free Cash Flow Yield and its Payables Turnover accounts. Check out Investing Opportunities to better understand how to build diversified portfolios, which includes a position in Environmental Waste International. 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 Yield vs Payables Turnover

Free Cash Flow Yield vs Payables Turnover Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Environmental Waste Free Cash Flow Yield account and Payables Turnover. At this time, the significance of the direction appears to have very week relationship.
The correlation between Environmental Waste's Free Cash Flow Yield and Payables Turnover is 0.21. Overlapping area represents the amount of variation of Free Cash Flow Yield that can explain the historical movement of Payables Turnover in the same time period over historical financial statements of Environmental Waste International, assuming nothing else is changed. The correlation between historical values of Environmental Waste's Free Cash Flow Yield and Payables Turnover 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 Yield of Environmental Waste International are associated (or correlated) with its Payables Turnover. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Payables Turnover has no effect on the direction of Free Cash Flow Yield i.e., Environmental Waste's Free Cash Flow Yield and Payables Turnover go up and down completely randomly.

Correlation Coefficient

0.21
Relationship DirectionPositive 
Relationship StrengthVery Weak

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.

Payables Turnover

A liquidity ratio that shows how quickly a company pays off its suppliers by dividing total purchases by average accounts payable.
Most indicators from Environmental Waste's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Environmental Waste 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 Environmental Waste International. 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, Environmental Waste's Selling General Administrative is fairly stable compared to the past year. Issuance Of Capital Stock is likely to climb to about 1 M in 2024, whereas Enterprise Value Over EBITDA is likely to drop (4.78) in 2024.
 2021 2022 2023 2024 (projected)
Interest Expense213.9K204.8K237.8K259.7K
Cost Of Revenue273.8K236.5K207.5K197.2K

Environmental Waste fundamental ratios Correlations

-0.690.910.66-0.790.740.370.980.37-0.35-0.44-0.830.3-0.73-0.840.24-0.17-0.51-0.610.71-0.270.89-0.130.65-0.09-0.13
-0.69-0.71-0.240.66-0.63-0.38-0.65-0.380.20.530.65-0.320.620.68-0.05-0.410.870.43-0.410.46-0.68-0.03-0.37-0.18-0.03
0.91-0.710.48-0.910.890.290.920.29-0.24-0.67-0.90.21-0.82-0.880.02-0.26-0.57-0.770.74-0.480.950.160.650.20.16
0.66-0.240.48-0.370.26-0.140.7-0.14-0.490.22-0.65-0.17-0.35-0.650.09-0.470.05-0.340.70.40.36-0.580.68-0.63-0.58
-0.790.66-0.91-0.37-0.87-0.49-0.76-0.490.00.640.79-0.430.780.86-0.110.190.650.89-0.780.62-0.86-0.34-0.72-0.4-0.34
0.74-0.630.890.26-0.870.290.760.29-0.21-0.86-0.750.19-0.96-0.80.14-0.17-0.61-0.90.78-0.530.930.30.720.380.3
0.37-0.380.29-0.14-0.490.290.211.00.34-0.27-0.030.99-0.22-0.20.590.4-0.59-0.30.13-0.610.340.280.150.360.28
0.98-0.650.920.7-0.760.760.210.21-0.44-0.45-0.860.13-0.74-0.840.13-0.26-0.45-0.610.73-0.20.89-0.140.66-0.13-0.14
0.37-0.380.29-0.14-0.490.291.00.210.34-0.27-0.030.99-0.22-0.20.590.4-0.59-0.30.13-0.610.340.280.150.360.28
-0.350.2-0.24-0.490.0-0.210.34-0.440.340.050.270.460.290.210.030.070.00.09-0.32-0.44-0.250.4-0.270.50.4
-0.440.53-0.670.220.64-0.86-0.27-0.45-0.270.050.43-0.170.760.44-0.06-0.080.650.66-0.380.7-0.76-0.58-0.29-0.65-0.58
-0.830.65-0.9-0.650.79-0.75-0.03-0.86-0.030.270.430.020.760.950.210.430.340.66-0.750.25-0.780.11-0.71-0.020.11
0.3-0.320.21-0.17-0.430.190.990.130.990.46-0.170.02-0.11-0.140.570.4-0.54-0.220.05-0.60.250.270.080.350.27
-0.730.62-0.82-0.350.78-0.96-0.22-0.74-0.220.290.760.76-0.110.83-0.180.170.510.85-0.820.36-0.86-0.07-0.79-0.23-0.07
-0.840.68-0.88-0.650.86-0.8-0.2-0.84-0.20.210.440.95-0.140.830.010.320.430.77-0.860.28-0.80.1-0.84-0.060.1
0.24-0.050.020.09-0.110.140.590.130.590.03-0.060.210.57-0.180.010.31-0.27-0.180.21-0.080.17-0.140.26-0.2-0.14
-0.17-0.41-0.26-0.470.19-0.170.4-0.260.40.07-0.080.430.40.170.320.31-0.60.3-0.42-0.2-0.150.11-0.40.140.11
-0.510.87-0.570.050.65-0.61-0.59-0.45-0.590.00.650.34-0.540.510.43-0.27-0.60.47-0.290.65-0.62-0.38-0.24-0.44-0.38
-0.610.43-0.77-0.340.89-0.9-0.3-0.61-0.30.090.660.66-0.220.850.77-0.180.30.47-0.890.44-0.78-0.35-0.85-0.38-0.35
0.71-0.410.740.7-0.780.780.130.730.13-0.32-0.38-0.750.05-0.82-0.860.21-0.42-0.29-0.89-0.070.71-0.080.99-0.05-0.08
-0.270.46-0.480.40.62-0.53-0.61-0.2-0.61-0.440.70.25-0.60.360.28-0.08-0.20.650.44-0.07-0.51-0.74-0.02-0.82-0.74
0.89-0.680.950.36-0.860.930.340.890.34-0.25-0.76-0.780.25-0.86-0.80.17-0.15-0.62-0.780.71-0.510.210.630.250.21
-0.13-0.030.16-0.58-0.340.30.28-0.140.280.4-0.580.110.27-0.070.1-0.140.11-0.38-0.35-0.08-0.740.21-0.170.881.0
0.65-0.370.650.68-0.720.720.150.660.15-0.27-0.29-0.710.08-0.79-0.840.26-0.4-0.24-0.850.99-0.020.63-0.17-0.09-0.17
-0.09-0.180.2-0.63-0.40.380.36-0.130.360.5-0.65-0.020.35-0.23-0.06-0.20.14-0.44-0.38-0.05-0.820.250.88-0.090.88
-0.13-0.030.16-0.58-0.340.30.28-0.140.280.4-0.580.110.27-0.070.1-0.140.11-0.38-0.35-0.08-0.740.211.0-0.170.88
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Environmental Waste Account Relationship Matchups

Environmental Waste fundamental ratios Accounts

201920202021202220232024 (projected)
Total Assets2.2M1.9M2.7M2.8M3.1M3.7M
Total Current Liabilities2.9M4.6M3.3M4.2M4.7M2.5M
Total Stockholder Equity(5.5M)(3.8M)(2.3M)(3.3M)(3.6M)(3.4M)
Property Plant And Equipment Net1.2M1.2M2.1M2.6M2.9M3.0M
Net Debt3.8M3.4M2.8M3.9M4.5M4.7M
Retained Earnings(62.6M)(65.0M)(66.3M)(68.6M)(70.4M)(66.9M)
Cash885.6K619.7K297.2K53.8K56.3K53.5K
Non Current Assets Total1.2M1.2M2.1M2.6M2.9M3.2M
Cash And Short Term Investments885.6K619.7K297.2K53.8K56.3K53.5K
Net Receivables121.5K122.9K123.9K31.7K11.7K11.1K
Common Stock Shares Outstanding183.5M225.4M254.0M264.9M284.2M298.4M
Liabilities And Stockholders Equity2.2M1.9M2.7M2.8M3.1M3.7M
Total Liab7.7M5.7M4.0M5.2M5.8M3.7M
Total Current Assets1.1M794.0K516.2K213.2K204.5K194.3K
Common Stock50.6M54.5M57.0M57.4M58.5M42.9M
Short Long Term Debt Total4.7M4.0M3.1M3.9M4.5M2.6M
Other Current Liab2.1M796.9K90.2K464.0K1.2M776.9K
Non Current Liabilities Total4.8M1.1M683.3K913.3K1.0M1.6M
Short Term Debt267.0K3.3M2.4M3.3M3.5M3.7M
Other Current Assets49.3K51.4K95.1K127.7K136.6K163.1K
Accounts Payable473.2K436.3K512.7K938.2K1.2M1.3M
Other Stockholder Equity6.5M6.8M7.0M7.8M8.3M13.6M
Current Deferred Revenue65.9K63.5K285.6K(464.0K)(1.2M)(1.2M)
Net Tangible Assets(5.1M)(5.5M)(3.8M)(2.3M)(2.1M)(2.2M)
Long Term Debt4.4M560.6K587.0K538.2K995.0K1.2M
Short Long Term Debt236.8K3.3M2.4M3.3M3.4M2.6M
Property Plant Equipment1.2M1.2M1.2M2.1M2.5M1.6M
Net Invested Capital(906.7K)73.6K684.1K512.2K838.2K880.1K
Net Working Capital(1.9M)(3.8M)(2.8M)(4.0M)(4.5M)(4.7M)
Capital Stock50.6M54.5M57.0M57.4M58.5M59.9M

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