Linde Net Income vs Free Cash Flow Analysis

LIN Stock

USD 424.31 4.72 1.12%

Linde Plc financial indicator trend analysis is infinitely more than just investigating Linde plc Ordinary recent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Linde plc Ordinary is a good investment. Please check the relationship between Linde Plc Net Income and its Free Cash Flow accounts. Check out Correlation Analysis to better understand how to build diversified portfolios, which includes a position in Linde plc Ordinary. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in gross domestic product.

Net Income vs Free Cash Flow

Net Income vs Free Cash Flow Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Linde plc Ordinary Net Income account and Free Cash Flow. At this time, the significance of the direction appears to have very strong relationship.

The correlation between Linde Plc's Net Income and Free Cash Flow is 0.82. Overlapping area represents the amount of variation of Net Income that can explain the historical movement of Free Cash Flow in the same time period over historical financial statements of Linde plc Ordinary, assuming nothing else is changed. The correlation between historical values of Linde Plc's Net Income 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 Net Income of Linde plc Ordinary 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 Net Income i.e., Linde Plc's Net Income and Free Cash Flow go up and down completely randomly.

Correlation Coefficient

0.82

Relationship Direction	Positive
Relationship Strength	Strong

View All Relationships

Net Income

Net income is one of the most important fundamental items in finance. It plays a large role in Linde plc Ordinary financial statement analysis. It represents the amount of money remaining after all of Linde plc Ordinary operating expenses, interest, taxes and preferred stock dividends have been deducted from a company total revenue.

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 Linde Plc's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Linde plc Ordinary 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 Correlation Analysis to better understand how to build diversified portfolios, which includes a position in Linde plc Ordinary. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in gross domestic product.

At this time, Linde Plc's Issuance Of Capital Stock is very stable compared to the past year. As of the 21st of December 2024, Sales General And Administrative To Revenue is likely to grow to 0.07, while Selling General Administrative is likely to drop about 1.2 B.

	2021	2022	2023	2024 (projected)
Gross Profit	13.3B	13.9B	15.4B	16.1B
Total Revenue	30.8B	33.4B	32.9B	34.5B

Gross Profit Total Revenue

Linde Plc 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	Non Current Liabilities Total	Inventory	Other Current Assets	Total Liab	Total Current Assets	Short Term Debt	Retained Earnings	Other Stockholder Equity	Intangible Assets	Common Stock	Other Liab	Other Assets
Total Assets		0.88	0.98	0.96	1.0	0.98	0.79	0.99	0.93	1.0	0.72	0.93	0.98	0.84	0.97	0.96	0.87	0.98	0.96	0.86	0.6	0.98	0.99	-0.9	0.99	0.3
Short Long Term Debt Total	0.88		0.82	0.91	0.84	0.89	0.97	0.88	0.91	0.88	0.54	0.91	0.93	0.71	0.95	0.95	0.78	0.95	0.88	0.92	0.52	0.84	0.82	-0.71	0.85	0.16
Other Current Liab	0.98	0.82		0.94	0.98	0.94	0.69	0.95	0.93	0.97	0.63	0.93	0.94	0.75	0.9	0.93	0.78	0.94	0.98	0.84	0.49	0.98	0.98	-0.93	0.96	0.23
Total Current Liabilities	0.96	0.91	0.94		0.95	0.92	0.81	0.96	0.98	0.96	0.71	0.98	0.98	0.83	0.93	0.99	0.84	0.98	0.94	0.96	0.5	0.95	0.94	-0.92	0.95	0.3
Total Stockholder Equity	1.0	0.84	0.98	0.95		0.98	0.73	0.99	0.91	1.0	0.73	0.91	0.97	0.84	0.95	0.94	0.87	0.96	0.95	0.83	0.59	0.98	1.0	-0.91	0.99	0.31
Property Plant And Equipment Net	0.98	0.89	0.94	0.92	0.98		0.83	0.98	0.88	0.99	0.7	0.88	0.97	0.82	0.98	0.94	0.88	0.97	0.94	0.81	0.65	0.95	0.97	-0.82	0.97	0.28
Net Debt	0.79	0.97	0.69	0.81	0.73	0.83		0.8	0.79	0.79	0.45	0.79	0.86	0.65	0.91	0.87	0.75	0.88	0.77	0.83	0.5	0.73	0.71	-0.56	0.76	0.16
Accounts Payable	0.99	0.88	0.95	0.96	0.99	0.98	0.8		0.91	0.99	0.75	0.91	0.99	0.86	0.97	0.96	0.88	0.98	0.94	0.86	0.62	0.97	0.98	-0.88	0.98	0.4
Cash	0.93	0.91	0.93	0.98	0.91	0.88	0.79	0.91		0.92	0.63	1.0	0.94	0.73	0.9	0.96	0.73	0.95	0.96	0.95	0.47	0.92	0.9	-0.89	0.9	0.16
Non Current Assets Total	1.0	0.88	0.97	0.96	1.0	0.99	0.79	0.99	0.92		0.73	0.92	0.98	0.86	0.97	0.96	0.89	0.98	0.95	0.86	0.6	0.98	0.99	-0.9	0.99	0.32
Non Currrent Assets Other	0.72	0.54	0.63	0.71	0.73	0.7	0.45	0.75	0.63	0.73		0.63	0.71	0.87	0.66	0.67	0.78	0.69	0.6	0.61	0.66	0.65	0.73	-0.64	0.71	0.36
Cash And Short Term Investments	0.93	0.91	0.93	0.98	0.91	0.88	0.79	0.91	1.0	0.92	0.63		0.94	0.73	0.9	0.96	0.73	0.95	0.96	0.95	0.47	0.92	0.9	-0.89	0.9	0.16
Net Receivables	0.98	0.93	0.94	0.98	0.97	0.97	0.86	0.99	0.94	0.98	0.71	0.94		0.83	0.98	0.99	0.87	0.99	0.95	0.91	0.58	0.96	0.95	-0.86	0.96	0.32
Common Stock Shares Outstanding	0.84	0.71	0.75	0.83	0.84	0.82	0.65	0.86	0.73	0.86	0.87	0.73	0.83		0.82	0.82	0.92	0.84	0.69	0.75	0.63	0.8	0.85	-0.78	0.86	0.41
Non Current Liabilities Total	0.97	0.95	0.9	0.93	0.95	0.98	0.91	0.97	0.9	0.97	0.66	0.9	0.98	0.82		0.96	0.87	0.99	0.92	0.86	0.64	0.92	0.94	-0.79	0.95	0.28
Inventory	0.96	0.95	0.93	0.99	0.94	0.94	0.87	0.96	0.96	0.96	0.67	0.96	0.99	0.82	0.96		0.86	0.99	0.94	0.96	0.5	0.95	0.93	-0.88	0.95	0.28
Other Current Assets	0.87	0.78	0.78	0.84	0.87	0.88	0.75	0.88	0.73	0.89	0.78	0.73	0.87	0.92	0.87	0.86		0.87	0.73	0.77	0.55	0.85	0.87	-0.76	0.87	0.28
Total Liab	0.98	0.95	0.94	0.98	0.96	0.97	0.88	0.98	0.95	0.98	0.69	0.95	0.99	0.84	0.99	0.99	0.87		0.95	0.92	0.59	0.95	0.95	-0.86	0.97	0.29
Total Current Assets	0.96	0.88	0.98	0.94	0.95	0.94	0.77	0.94	0.96	0.95	0.6	0.96	0.95	0.69	0.92	0.94	0.73	0.95		0.86	0.53	0.95	0.94	-0.87	0.92	0.2
Short Term Debt	0.86	0.92	0.84	0.96	0.83	0.81	0.83	0.86	0.95	0.86	0.61	0.95	0.91	0.75	0.86	0.96	0.77	0.92	0.86		0.34	0.87	0.82	-0.84	0.84	0.14
Retained Earnings	0.6	0.52	0.49	0.5	0.59	0.65	0.5	0.62	0.47	0.6	0.66	0.47	0.58	0.63	0.64	0.5	0.55	0.59	0.53	0.34		0.43	0.58	-0.32	0.58	0.35
Other Stockholder Equity	0.98	0.84	0.98	0.95	0.98	0.95	0.73	0.97	0.92	0.98	0.65	0.92	0.96	0.8	0.92	0.95	0.85	0.95	0.95	0.87	0.43		0.98	-0.94	0.97	0.27
Intangible Assets	0.99	0.82	0.98	0.94	1.0	0.97	0.71	0.98	0.9	0.99	0.73	0.9	0.95	0.85	0.94	0.93	0.87	0.95	0.94	0.82	0.58	0.98		-0.92	0.99	0.3
Common Stock	-0.9	-0.71	-0.93	-0.92	-0.91	-0.82	-0.56	-0.88	-0.89	-0.9	-0.64	-0.89	-0.86	-0.78	-0.79	-0.88	-0.76	-0.86	-0.87	-0.84	-0.32	-0.94	-0.92		-0.91	-0.31
Other Liab	0.99	0.85	0.96	0.95	0.99	0.97	0.76	0.98	0.9	0.99	0.71	0.9	0.96	0.86	0.95	0.95	0.87	0.97	0.92	0.84	0.58	0.97	0.99	-0.91		0.34
Other Assets	0.3	0.16	0.23	0.3	0.31	0.28	0.16	0.4	0.16	0.32	0.36	0.16	0.32	0.41	0.28	0.28	0.28	0.29	0.2	0.14	0.35	0.27	0.3	-0.31	0.34

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Linde Plc Account Relationship Matchups

Linde Plc fundamental ratios Accounts

	2019	2020	2021	2022	2023	2024 (projected)
Total Assets	86.6B	88.2B	81.6B	79.7B	80.8B	84.9B
Short Long Term Debt Total	14.0B	16.2B	14.2B	17.9B	20.3B	21.3B
Other Current Liab	3.9B	3.7B	3.3B	3.6B	3.7B	3.9B
Total Current Liabilities	12.2B	13.7B	13.6B	16.5B	15.7B	16.5B
Total Stockholder Equity	49.1B	47.3B	44.0B	40.0B	39.7B	41.7B
Property Plant And Equipment Net	29.1B	28.7B	26.0B	23.5B	25.5B	26.8B
Net Debt	11.3B	12.4B	11.4B	12.5B	15.7B	16.4B
Accounts Payable	3.3B	3.1B	3.5B	3.0B	3.0B	3.2B
Cash	2.7B	3.8B	2.8B	5.4B	4.7B	4.9B
Non Current Assets Total	76.3B	77.3B	71.4B	66.6B	68.2B	71.6B
Non Currrent Assets Other	1.7B	1.9B	1.7B	2.1B	948M	889.3M
Cash And Short Term Investments	2.7B	3.8B	2.8B	5.4B	4.7B	4.9B
Net Receivables	4.7B	4.6B	4.8B	4.9B	5.1B	5.3B
Common Stock Shares Outstanding	545.2M	531.2M	521.9M	504.0M	492.3M	373.9M
Liabilities And Stockholders Equity	86.6B	88.2B	81.6B	79.7B	80.8B	84.9B
Non Current Liabilities Total	22.8B	24.9B	22.5B	21.8B	24.0B	25.2B
Inventory	1.7B	1.7B	1.7B	2.0B	2.1B	2.2B
Other Current Assets	1.1B	851M	774M	725M	749M	786.5M
Total Liab	35.0B	38.6B	36.2B	38.3B	39.7B	41.7B
Total Current Assets	10.4B	10.9B	10.2B	13.0B	12.6B	13.3B
Short Term Debt	3.3B	4.3B	3.1B	5.9B	6.2B	6.5B
Retained Earnings	16.8B	17.2B	18.7B	20.5B	8.8B	7.9B
Other Stockholder Equity	37.0B	34.8B	30.4B	25.3B	36.7B	38.5B
Intangible Assets	16.1B	16.2B	13.8B	12.4B	12.4B	13.0B
Accumulated Other Comprehensive Income	(4.8B)	(4.7B)	(5.0B)	(5.8B)	(5.8B)	(5.5B)
Other Liab	11.4B	12.8B	11.2B	8.9B	10.3B	10.8B
Other Assets	948M	4.2B	145.5B	4.8B	5.5B	7.8B
Long Term Debt	10.6B	12.2B	11.3B	12.2B	13.4B	7.5B
Treasury Stock	(629M)	(3.2B)	(5.4B)	(9.8B)	(8.8B)	(8.4B)
Property Plant Equipment	30.1B	28.7B	26.0B	23.5B	27.1B	13.9B
Current Deferred Revenue	1.8B	1.8B	2.9B	3.1B	1.9B	1.3B
Good Will	27.0B	28.2B	27.0B	25.8B	26.8B	28.1B
Property Plant And Equipment Gross	30.1B	29.8B	49.5B	51.6B	56.3B	59.1B
Retained Earnings Total Equity	16.5B	16.8B	17.2B	18.7B	21.5B	12.7B
Deferred Long Term Liab	90M	96M	62M	66M	75.9M	76.0M
Net Tangible Assets	5.9B	2.9B	3.2B	1.8B	2.1B	3.5B

Pair Trading with Linde Plc

One of the main advantages of trading using pair correlations is that every trade hedges away some risk. Because there are two separate transactions required, even if Linde Plc position performs unexpectedly, the other equity can make up some of the losses. Pair trading also minimizes risk from directional movements in the market. For example, if an entire industry or sector drops because of unexpected headlines, the short position in Linde Plc will appreciate offsetting losses from the drop in the long position's value.

Moving together with Linde Stock

0.8	DD	Dupont De Nemours Fiscal Year End 4th of February 2025	Pair Corr
0.65	FF	FutureFuel Corp	Pair Corr
0.83	DNMR	Danimer Scientific Upward Rally	Pair Corr

Moving against Linde Stock

0.64	ECVT	Ecovyst	Pair Corr
0.44	ESI	Element Solutions Sell-off Trend	Pair Corr
0.36	ALB	Albemarle Corp	Pair Corr

The ability to find closely correlated positions to Linde Plc could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Linde Plc when you sell it. If you don't do this, your portfolio allocation will be skewed against your target asset allocation. So, investors can't just sell and buy back Linde Plc - that would be a violation of the tax code under the "wash sale" rule, and this is why you need to find a similar enough asset and use the proceeds from selling Linde plc Ordinary to buy it.

The correlation of Linde Plc is a statistical measure of how it moves in relation to other instruments. This measure is expressed in what is known as the correlation coefficient, which ranges between -1 and +1. A perfect positive correlation (i.e., a correlation coefficient of +1) implies that as Linde Plc moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Linde plc Ordinary moves in either direction, the perfectly negatively correlated security will move in the opposite direction. If the correlation is 0, the equities are not correlated; they are entirely random. A correlation greater than 0.8 is generally described as strong, whereas a correlation less than 0.5 is generally considered weak.

Correlation analysis and pair trading evaluation for Linde Plc can also be used as hedging techniques within a particular sector or industry or even over random equities to generate a better risk-adjusted return on your portfolios.

Pair Correlation Correlation Matching

When determining whether Linde plc Ordinary offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of Linde Plc's financial statements, including income statements, balance sheets, and cash flow statements, to assess its financial health. Key financial ratios are used to gauge profitability, efficiency, and growth potential of Linde Plc Ordinary Stock. Outlined below are crucial reports that will aid in making a well-informed decision on Linde Plc Ordinary Stock:

How To Invest In Linde

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Is Linde Stock a good investment?

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What is Linde Plc's Net Worth?

Details

Largest Industrial Gases Companies

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Largest Specialty Chemicals Companies

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Check out Correlation Analysis to better understand how to build diversified portfolios, which includes a position in Linde plc Ordinary. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in gross domestic product.

You can also try the My Watchlist Analysis module to analyze my current watchlist and to refresh optimization strategy. Macroaxis watchlist is based on self-learning algorithm to remember stocks you like.

Is Industrial Gases 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 Linde Plc. If investors know Linde 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 Linde Plc 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

0.009

Dividend Share

5.44

Earnings Share

13.2

Revenue Per Share

68.67

Quarterly Revenue Growth

0.025

The market value of Linde plc Ordinary is measured differently than its book value, which is the value of Linde that is recorded on the company's balance sheet. Investors also form their own opinion of Linde Plc's value that differs from its market value or its book value, called intrinsic value, which is Linde Plc'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 Linde Plc's market value can be influenced by many factors that don't directly affect Linde Plc'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 Linde Plc's value and its price as these two are different measures arrived at by different means. Investors typically determine if Linde Plc is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Linde Plc'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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Linde Net Income vs Free Cash Flow Analysis

Net Income vs Free Cash Flow

Net Income vs Free Cash Flow Correlation Analysis

Correlation Coefficient

Net Income

Free Cash Flow

Linde Plc fundamental ratios Correlations

Linde Plc Account Relationship Matchups

High Positive Relationship

High Negative Relationship

Linde Plc fundamental ratios Accounts

Pair Trading with Linde Plc

Moving together with Linde Stock

Moving against Linde Stock

COMMON DESTINATIONS

MAIN CATEGORIES

COMPANY

Total Stockholder Equity	+ 1.0	Total Assets
Non Current Assets Total	+ 1.0	Total Assets
Non Current Assets Total	+ 1.0	Total Stockholder Equity
Intangible Assets	+ 1.0	Total Stockholder Equity
Cash And Short Term Investments	+ 1.0	Cash
Accounts Payable	+ 0.99	Total Assets

Common Stock	- 0.94	Other Stockholder Equity
Common Stock	- 0.93	Other Current Liab
Common Stock	- 0.92	Intangible Assets
Common Stock	- 0.92	Total Current Liabilities
Other Liab	- 0.91	Common Stock
Common Stock	- 0.91	Total Stockholder Equity