Jindal Depreciation vs Free Cash Flow Analysis

JINDRILL

794.05 29.35 3.84%

Jindal Drilling financial indicator trend analysis is infinitely more than just investigating Jindal Drilling And recent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Jindal Drilling And is a good investment. Please check the relationship between Jindal Drilling Depreciation and its Free Cash Flow accounts. Check out Risk vs Return Analysis to better understand how to build diversified portfolios, which includes a position in Jindal Drilling And. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in metropolitan statistical area.

Depreciation vs Free Cash Flow

Depreciation vs Free Cash Flow Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Jindal Drilling And Depreciation account and Free Cash Flow. At this time, the significance of the direction appears to have very week relationship.

The correlation between Jindal Drilling's Depreciation and Free Cash Flow is 0.28. Overlapping area represents the amount of variation of Depreciation that can explain the historical movement of Free Cash Flow in the same time period over historical financial statements of Jindal Drilling And, assuming nothing else is changed. The correlation between historical values of Jindal Drilling's Depreciation 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 Depreciation of Jindal Drilling And 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 Depreciation i.e., Jindal Drilling's Depreciation and Free Cash Flow go up and down completely randomly.

Correlation Coefficient

0.28

Relationship Direction	Positive
Relationship Strength	Very Weak

View All Relationships

Depreciation

Depreciation indicates how much of Jindal Drilling And value has been used up. For tax purposes Jindal Drilling can deduct the cost of the tangible assets it purchases as business expenses. However, Jindal Drilling And must depreciate these assets in accordance with IRS rules about how and when the deduction may be taken, and how long it will last. The systematic allocation of the cost of a tangible asset over its useful life.

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 Jindal Drilling's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Jindal Drilling And 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 Risk vs Return Analysis to better understand how to build diversified portfolios, which includes a position in Jindal Drilling And. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in metropolitan statistical area.

Tax Provision is expected to rise to about 394.3 M this year, although the value of Selling General Administrative will most likely fall to about 19.7 M.

	2021	2022	2023	2024 (projected)
Gross Profit	1.5B	2.0B	2.3B	1.8B
Total Revenue	4.2B	5.1B	6.2B	4.3B

Gross Profit Total Revenue

Jindal Drilling fundamental ratios Correlations

	Total Assets	Short Long Term Debt Total	Other Current Liab	Total Current Liabilities	Total Stockholder Equity	Property Plant And Equipment Net	Net Debt	Accounts Payable	Cash	Non Current Assets Total	Non Currrent Assets Other	Cash And Short Term Investments	Net Receivables	Common Stock Shares Outstanding	Short Term Investments	Non Current Liabilities Total	Inventory	Other Current Assets	Other Stockholder Equity	Total Liab	Total Current Assets	Common Stock	Retained Earnings	Intangible Assets	Current Deferred Revenue	Short Term Debt
Total Assets		0.66	0.16	0.68	0.95	0.72	0.64	-0.2	0.18	0.98	0.65	-0.4	0.63	0.83	-0.43	0.74	0.38	0.22	0.48	0.8	0.28	0.76	0.71	-0.24	0.3	0.59
Short Long Term Debt Total	0.66		0.11	0.82	0.48	0.89	0.96	0.02	0.44	0.65	0.12	-0.45	0.35	0.48	-0.5	0.66	0.55	0.36	0.57	0.81	0.15	0.4	0.08	-0.26	0.38	0.59
Other Current Liab	0.16	0.11		0.44	0.07	0.2	0.28	-0.08	0.29	0.04	0.04	0.13	0.25	0.19	0.11	0.12	0.57	0.72	-0.22	0.28	0.62	0.22	0.09	-0.71	0.71	0.25
Total Current Liabilities	0.68	0.82	0.44		0.48	0.86	0.8	0.15	0.42	0.58	0.29	-0.14	0.49	0.6	-0.19	0.59	0.7	0.38	0.4	0.86	0.59	0.55	0.06	-0.52	0.68	0.42
Total Stockholder Equity	0.95	0.48	0.07	0.48		0.51	0.45	-0.19	0.15	0.94	0.73	-0.33	0.6	0.83	-0.35	0.52	0.19	0.11	0.5	0.57	0.21	0.78	0.82	-0.23	0.1	0.56
Property Plant And Equipment Net	0.72	0.89	0.2	0.86	0.51		0.85	0.02	0.39	0.7	0.17	-0.33	0.39	0.5	-0.38	0.8	0.53	0.27	0.47	0.92	0.22	0.43	0.1	-0.26	0.48	0.51
Net Debt	0.64	0.96	0.28	0.8	0.45	0.85		-0.01	0.46	0.62	0.11	-0.46	0.38	0.5	-0.51	0.65	0.66	0.54	0.51	0.8	0.17	0.44	0.12	-0.36	0.51	0.57
Accounts Payable	-0.2	0.02	-0.08	0.15	-0.19	0.02	-0.01		0.5	-0.25	0.23	0.7	-0.13	0.02	0.65	-0.36	-0.21	-0.24	0.54	-0.16	0.2	0.07	-0.53	-0.08	-0.21	0.09
Cash	0.18	0.44	0.29	0.42	0.15	0.39	0.46	0.5		0.17	0.05	0.06	-0.22	0.04	-0.04	-0.01	0.03	0.26	0.67	0.19	0.1	0.01	-0.19	-0.36	0.05	0.55
Non Current Assets Total	0.98	0.65	0.04	0.58	0.94	0.7	0.62	-0.25	0.17		0.59	-0.51	0.56	0.76	-0.53	0.75	0.27	0.14	0.51	0.76	0.08	0.67	0.74	-0.14	0.19	0.6
Non Currrent Assets Other	0.65	0.12	0.04	0.29	0.73	0.17	0.11	0.23	0.05	0.59		0.18	0.5	0.75	0.17	0.28	-0.04	-0.03	0.45	0.32	0.43	0.78	0.58	-0.03	-0.1	0.39
Cash And Short Term Investments	-0.4	-0.45	0.13	-0.14	-0.33	-0.33	-0.46	0.7	0.06	-0.51	0.18		-0.03	-0.05	0.99	-0.54	-0.26	-0.21	0.03	-0.42	0.44	0.06	-0.47	-0.12	-0.18	-0.15
Net Receivables	0.63	0.35	0.25	0.49	0.6	0.39	0.38	-0.13	-0.22	0.56	0.5	-0.03		0.69	-0.01	0.41	0.45	0.11	0.19	0.5	0.44	0.73	0.44	-0.19	0.36	0.26
Common Stock Shares Outstanding	0.83	0.48	0.19	0.6	0.83	0.5	0.5	0.02	0.04	0.76	0.75	-0.05	0.69		-0.05	0.45	0.48	0.26	0.44	0.58	0.5	0.98	0.56	-0.45	0.35	0.34
Short Term Investments	-0.43	-0.5	0.11	-0.19	-0.35	-0.38	-0.51	0.65	-0.04	-0.53	0.17	0.99	-0.01	-0.05		-0.55	-0.25	-0.22	-0.04	-0.44	0.43	0.06	-0.45	-0.09	-0.18	-0.21
Non Current Liabilities Total	0.74	0.66	0.12	0.59	0.52	0.8	0.65	-0.36	-0.01	0.75	0.28	-0.54	0.41	0.45	-0.55		0.44	0.27	0.16	0.92	0.09	0.38	0.39	0.08	0.39	0.41
Inventory	0.38	0.55	0.57	0.7	0.19	0.53	0.66	-0.21	0.03	0.27	-0.04	-0.26	0.45	0.48	-0.25	0.44		0.73	-0.12	0.61	0.55	0.45	0.03	-0.6	0.91	-0.02
Other Current Assets	0.22	0.36	0.72	0.38	0.11	0.27	0.54	-0.24	0.26	0.14	-0.03	-0.21	0.11	0.26	-0.22	0.27	0.73		-0.15	0.35	0.43	0.26	0.12	-0.54	0.62	0.28
Other Stockholder Equity	0.48	0.57	-0.22	0.4	0.5	0.47	0.51	0.54	0.67	0.51	0.45	0.03	0.19	0.44	-0.04	0.16	-0.12	-0.15		0.29	-0.05	0.42	0.07	-0.07	-0.25	0.61
Total Liab	0.8	0.81	0.28	0.86	0.57	0.92	0.8	-0.16	0.19	0.76	0.32	-0.42	0.5	0.58	-0.44	0.92	0.61	0.35	0.29		0.34	0.5	0.28	-0.2	0.57	0.46
Total Current Assets	0.28	0.15	0.62	0.59	0.21	0.22	0.17	0.2	0.1	0.08	0.43	0.44	0.44	0.5	0.43	0.09	0.55	0.43	-0.05	0.34		0.56	-0.03	-0.54	0.57	0.06
Common Stock	0.76	0.4	0.22	0.55	0.78	0.43	0.44	0.07	0.01	0.67	0.78	0.06	0.73	0.98	0.06	0.38	0.45	0.26	0.42	0.5	0.56		0.52	-0.42	0.33	0.3
Retained Earnings	0.71	0.08	0.09	0.06	0.82	0.1	0.12	-0.53	-0.19	0.74	0.58	-0.47	0.44	0.56	-0.45	0.39	0.03	0.12	0.07	0.28	-0.03	0.52		-0.04	0.01	0.34
Intangible Assets	-0.24	-0.26	-0.71	-0.52	-0.23	-0.26	-0.36	-0.08	-0.36	-0.14	-0.03	-0.12	-0.19	-0.45	-0.09	0.08	-0.6	-0.54	-0.07	-0.2	-0.54	-0.42	-0.04		-0.68	-0.11
Current Deferred Revenue	0.3	0.38	0.71	0.68	0.1	0.48	0.51	-0.21	0.05	0.19	-0.1	-0.18	0.36	0.35	-0.18	0.39	0.91	0.62	-0.25	0.57	0.57	0.33	0.01	-0.68		-0.12
Short Term Debt	0.59	0.59	0.25	0.42	0.56	0.51	0.57	0.09	0.55	0.6	0.39	-0.15	0.26	0.34	-0.21	0.41	-0.02	0.28	0.61	0.46	0.06	0.3	0.34	-0.11	-0.12

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Jindal Drilling Account Relationship Matchups

Jindal Drilling fundamental ratios Accounts

	2019	2020	2021	2022	2023	2024 (projected)
Total Assets	18.4B	18.2B	17.9B	19.2B	20.9B	13.8B
Short Long Term Debt Total	4.0B	3.3B	2.2B	2.1B	2.9B	1.5B
Other Current Liab	(3K)	261.6M	211.5M	1.9B	2.1B	2.2B
Total Current Liabilities	2.3B	3.9B	3.0B	3.7B	4.2B	2.3B
Total Stockholder Equity	12.8B	11.2B	11.9B	13.1B	13.6B	10.0B
Property Plant And Equipment Net	5.2B	4.9B	6.4B	5.9B	5.4B	2.9B
Net Debt	4.0B	3.3B	2.2B	2.1B	2.9B	3.1B
Accounts Payable	362.6M	573.0M	357.9M	486.5M	440.7M	626.0M
Cash	1.0M	631K	397K	1M	147.9M	155.3M
Non Current Assets Total	15.3B	13.7B	13.9B	13.9B	13.9B	9.8B
Non Currrent Assets Other	3.4B	3.7B	2.6B	3.1B	4.6B	3.3B
Cash And Short Term Investments	7.0M	5.6M	262.9M	1.6B	713.6M	768.1M
Net Receivables	2.7B	2.9B	2.1B	3.4B	1.9B	2.3B
Short Term Investments	6.0M	5M	262.5M	1.6B	565.7M	707.1M
Liabilities And Stockholders Equity	18.4B	18.2B	17.9B	19.2B	20.9B	13.8B
Non Current Liabilities Total	3.3B	3.1B	3.0B	2.5B	3.1B	1.5B
Inventory	328.0M	404.0M	403.5M	347M	384.3M	403.5M
Other Current Assets	2.8B	301.2M	1.2B	1.1B	3.9B	4.1B
Other Stockholder Equity	7.7B	6.9B	3.0B	3.0B	3.4B	5.6B
Total Liab	5.6B	7.0B	5.9B	6.2B	7.3B	3.8B
Total Current Assets	3.1B	4.5B	3.9B	5.4B	6.9B	4.0B
Accumulated Other Comprehensive Income	(627.2M)	4.0B	4.0B	4.3B	4.3B	4.5B
Retained Earnings	5.5B	4.2B	4.8B	5.7B	6.2B	6.2B
Intangible Assets	5.6M	4.3M	2.9M	1M	1.1M	1.1M
Current Deferred Revenue	159.0M	1.6B	1.7B	1.7B	1.7B	1.8B
Short Term Debt	1.8B	(111.3M)	(955.0M)	1.3B	1.6B	873.0M
Other Liab	1.1B	1.3B	1.5B	1.7B	2.0B	1.4B
Net Tangible Assets	12.8B	11.2B	11.9B	13.1B	11.8B	11.1B
Other Assets	3.8B	1K	100K	706.8M	636.1M	604.3M
Short Long Term Debt	1.8B	1.5B	719.1M	1.3B	1.6B	1.5B
Property Plant Equipment	5.2B	4.9B	6.4B	5.9B	6.8B	4.2B
Long Term Debt	2.2B	1.8B	1.5B	799M	1.3B	1.1B
Long Term Debt Total	2.2B	1.8B	1.5B	799M	918.9M	982.0M
Net Invested Capital	16.8B	14.5B	14.1B	15.2B	16.6B	13.1B
Net Working Capital	779.8M	576.1M	970.9M	1.7B	2.7B	1.4B

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Other Information on Investing in Jindal Stock

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

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Jindal Depreciation vs Free Cash Flow Analysis

Depreciation vs Free Cash Flow

Depreciation vs Free Cash Flow Correlation Analysis

Correlation Coefficient

Depreciation

Free Cash Flow

Jindal Drilling fundamental ratios Correlations

Jindal Drilling Account Relationship Matchups

High Positive Relationship

High Negative Relationship

Jindal Drilling fundamental ratios Accounts

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Other Information on Investing in Jindal Stock

COMMON DESTINATIONS

MAIN CATEGORIES

COMPANY

Short Term Investments	+ 0.99	Cash And Short Term Investments
Non Current Assets Total	+ 0.98	Total Assets
Common Stock	+ 0.98	Common Stock Shares Outstanding
Net Debt	+ 0.96	Short Long Term Debt Total
Total Stockholder Equity	+ 0.95	Total Assets
Non Current Assets Total	+ 0.94	Total Stockholder Equity

Intangible Assets	- 0.71	Other Current Liab
Current Deferred Revenue	- 0.68	Intangible Assets
Intangible Assets	- 0.6	Inventory
Non Current Liabilities Total	- 0.55	Short Term Investments
Intangible Assets	- 0.54	Total Current Assets
Intangible Assets	- 0.54	Other Current Assets