NRG Free Cash Flow vs Depreciation Analysis

NRG Stock

USD 91.95 0.89 0.96%

NRG Energy financial indicator trend analysis is infinitely more than just investigating NRG Energy recent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether NRG Energy is a good investment. Please check the relationship between NRG Energy Free Cash Flow and its Depreciation accounts. Check out Correlation Analysis to better understand how to build diversified portfolios, which includes a position in NRG Energy. 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.

For more detail on how to invest in NRG Stock please use our How to Invest in NRG Energy guide.

Free Cash Flow vs Depreciation

Free Cash Flow vs Depreciation Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of NRG Energy Free Cash Flow account and Depreciation. At this time, the significance of the direction appears to have significant contrarian relationship.

The correlation between NRG Energy's Free Cash Flow and Depreciation is -0.22. Overlapping area represents the amount of variation of Free Cash Flow that can explain the historical movement of Depreciation in the same time period over historical financial statements of NRG Energy, assuming nothing else is changed. The correlation between historical values of NRG Energy's Free Cash Flow and Depreciation 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 of NRG Energy are associated (or correlated) with its Depreciation. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Depreciation has no effect on the direction of Free Cash Flow i.e., NRG Energy's Free Cash Flow and Depreciation go up and down completely randomly.

Correlation Coefficient

-0.22

Relationship Direction	Negative
Relationship Strength	Insignificant

View All Relationships

Free Cash Flow

The amount of cash a company generates after accounting for cash outflows to support operations and maintain its capital assets.

Depreciation

Depreciation indicates how much of NRG Energy value has been used up. For tax purposes NRG Energy can deduct the cost of the tangible assets it purchases as business expenses. However, NRG Energy 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.

Most indicators from NRG Energy's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into NRG Energy 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 NRG Energy. 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.

For more detail on how to invest in NRG Stock please use our How to Invest in NRG Energy guide.At this time, NRG Energy's Issuance Of Capital Stock is most likely to increase significantly in the upcoming years. The NRG Energy's current Sales General And Administrative To Revenue is estimated to increase to 0.08, while Enterprise Value Over EBITDA is projected to decrease to 9.97.

	2021	2022	2023	2024 (projected)
Gross Profit	6.5B	4.1B	2.3B	2.8B
Total Revenue	27.0B	31.5B	28.8B	30.3B

Gross Profit Total Revenue

NRG Energy fundamental ratios Correlations

	Total Assets	Short Long Term Debt Total	Other Current Liab	Total Current Liabilities	Total Stockholder Equity	Property Plant And Equipment Net	Current Deferred Revenue	Net Debt	Retained Earnings	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	Other Stockholder Equity	Total Liab	Total Current Assets	Short Term Debt	Common Stock	Good Will	Common Stock Total Equity
Total Assets		0.86	0.33	0.42	0.74	0.78	0.34	0.86	0.44	0.3	0.39	0.94	0.33	0.39	0.26	0.17	0.91	0.87	0.11	0.62	0.96	0.65	0.45	0.57	0.34	0.58
Short Long Term Debt Total	0.86		-0.09	0.05	0.48	0.88	0.48	0.99	0.05	-0.05	0.53	0.94	0.01	0.52	-0.07	0.49	0.99	0.9	-0.25	0.82	0.86	0.26	0.63	0.58	0.12	0.55
Other Current Liab	0.33	-0.09		0.97	0.22	-0.29	-0.1	-0.04	0.41	0.94	-0.32	0.04	0.92	-0.32	0.9	-0.63	0.01	0.1	0.92	-0.4	0.39	0.83	-0.06	0.12	0.62	0.24
Total Current Liabilities	0.42	0.05	0.97		0.23	-0.2	-0.02	0.1	0.34	0.97	-0.31	0.16	0.95	-0.31	0.93	-0.54	0.14	0.22	0.9	-0.29	0.5	0.82	0.14	0.21	0.69	0.34
Total Stockholder Equity	0.74	0.48	0.22	0.23		0.63	0.05	0.45	0.87	0.11	0.37	0.73	0.08	0.38	0.08	-0.05	0.53	0.5	-0.03	0.31	0.54	0.41	0.11	0.2	0.37	0.17
Property Plant And Equipment Net	0.78	0.88	-0.29	-0.2	0.63		0.3	0.87	0.22	-0.33	0.52	0.91	-0.28	0.53	-0.38	0.57	0.87	0.77	-0.51	0.84	0.67	0.08	0.43	0.39	-0.1	0.28
Current Deferred Revenue	0.34	0.48	-0.1	-0.02	0.05	0.3		0.49	-0.22	-0.01	0.17	0.38	-0.01	0.17	0.08	0.13	0.49	0.3	-0.13	0.51	0.4	0.08	0.21	0.6	0.09	0.6
Net Debt	0.86	0.99	-0.04	0.1	0.45	0.87	0.49		0.03	0.0	0.38	0.94	0.07	0.38	-0.02	0.51	0.98	0.9	-0.2	0.8	0.87	0.28	0.64	0.55	0.14	0.54
Retained Earnings	0.44	0.05	0.41	0.34	0.87	0.22	-0.22	0.03		0.24	0.14	0.36	0.17	0.16	0.23	-0.38	0.1	0.13	0.2	-0.17	0.23	0.42	-0.11	-0.14	0.46	-0.11
Accounts Payable	0.3	-0.05	0.94	0.97	0.11	-0.33	-0.01	0.0	0.24		-0.33	0.02	0.96	-0.34	0.97	-0.55	0.03	0.15	0.96	-0.3	0.4	0.81	0.06	0.25	0.6	0.37
Cash	0.39	0.53	-0.32	-0.31	0.37	0.52	0.17	0.38	0.14	-0.33		0.46	-0.36	1.0	-0.35	0.2	0.52	0.39	-0.39	0.51	0.32	0.05	0.21	0.41	-0.15	0.33
Non Current Assets Total	0.94	0.94	0.04	0.16	0.73	0.91	0.38	0.94	0.36	0.02	0.46		0.07	0.46	-0.01	0.35	0.95	0.88	-0.19	0.73	0.87	0.36	0.52	0.5	0.26	0.48
Non Currrent Assets Other	0.33	0.01	0.92	0.95	0.08	-0.28	-0.01	0.07	0.17	0.96	-0.36	0.07		-0.37	0.94	-0.43	0.1	0.25	0.91	-0.25	0.44	0.78	0.09	0.23	0.63	0.36
Cash And Short Term Investments	0.39	0.52	-0.32	-0.31	0.38	0.53	0.17	0.38	0.16	-0.34	1.0	0.46	-0.37		-0.37	0.18	0.52	0.37	-0.4	0.5	0.32	0.05	0.19	0.4	-0.15	0.32
Net Receivables	0.26	-0.07	0.9	0.93	0.08	-0.38	0.08	-0.02	0.23	0.97	-0.35	-0.01	0.94	-0.37		-0.5	0.0	0.12	0.95	-0.34	0.36	0.76	0.12	0.21	0.63	0.34
Common Stock Shares Outstanding	0.17	0.49	-0.63	-0.54	-0.05	0.57	0.13	0.51	-0.38	-0.55	0.2	0.35	-0.43	0.18	-0.5		0.42	0.44	-0.59	0.67	0.16	-0.34	0.39	0.1	-0.47	-0.03
Non Current Liabilities Total	0.91	0.99	0.01	0.14	0.53	0.87	0.49	0.98	0.1	0.03	0.52	0.95	0.1	0.52	0.0	0.42		0.92	-0.17	0.82	0.91	0.38	0.55	0.65	0.15	0.62
Inventory	0.87	0.9	0.1	0.22	0.5	0.77	0.3	0.9	0.13	0.15	0.39	0.88	0.25	0.37	0.12	0.44	0.92		-0.02	0.72	0.88	0.44	0.53	0.57	0.16	0.54
Other Current Assets	0.11	-0.25	0.92	0.9	-0.03	-0.51	-0.13	-0.2	0.2	0.96	-0.39	-0.19	0.91	-0.4	0.95	-0.59	-0.17	-0.02		-0.48	0.22	0.75	-0.06	0.08	0.48	0.19
Other Stockholder Equity	0.62	0.82	-0.4	-0.29	0.31	0.84	0.51	0.8	-0.17	-0.3	0.51	0.73	-0.25	0.5	-0.34	0.67	0.82	0.72	-0.48		0.62	0.06	0.35	0.69	-0.32	0.54
Total Liab	0.96	0.86	0.39	0.5	0.54	0.67	0.4	0.87	0.23	0.4	0.32	0.87	0.44	0.32	0.36	0.16	0.91	0.88	0.22	0.62		0.71	0.5	0.66	0.32	0.7
Total Current Assets	0.65	0.26	0.83	0.82	0.41	0.08	0.08	0.28	0.42	0.81	0.05	0.36	0.78	0.05	0.76	-0.34	0.38	0.44	0.75	0.06	0.71		0.07	0.46	0.37	0.53
Short Term Debt	0.45	0.63	-0.06	0.14	0.11	0.43	0.21	0.64	-0.11	0.06	0.21	0.52	0.09	0.19	0.12	0.39	0.55	0.53	-0.06	0.35	0.5	0.07		0.18	0.27	0.29
Common Stock	0.57	0.58	0.12	0.21	0.2	0.39	0.6	0.55	-0.14	0.25	0.41	0.5	0.23	0.4	0.21	0.1	0.65	0.57	0.08	0.69	0.66	0.46	0.18		-0.01	0.93
Good Will	0.34	0.12	0.62	0.69	0.37	-0.1	0.09	0.14	0.46	0.6	-0.15	0.26	0.63	-0.15	0.63	-0.47	0.15	0.16	0.48	-0.32	0.32	0.37	0.27	-0.01		0.23
Common Stock Total Equity	0.58	0.55	0.24	0.34	0.17	0.28	0.6	0.54	-0.11	0.37	0.33	0.48	0.36	0.32	0.34	-0.03	0.62	0.54	0.19	0.54	0.7	0.53	0.29	0.93	0.23

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NRG Energy Account Relationship Matchups

NRG Energy fundamental ratios Accounts

	2019	2020	2021	2022	2023	2024 (projected)
Total Assets	12.5B	14.9B	23.2B	29.1B	26.0B	20.9B
Short Long Term Debt Total	6.4B	9.0B	8.3B	8.3B	11.0B	10.1B
Other Current Liab	813M	1.1B	5.5B	9.1B	5.7B	5.9B
Total Current Liabilities	2.4B	1.9B	7.9B	13.0B	9.5B	10.0B
Total Stockholder Equity	1.7B	1.7B	3.6B	3.8B	2.9B	4.1B
Property Plant And Equipment Net	3.1B	2.8B	2.0B	1.9B	1.9B	1.8B
Current Deferred Revenue	663M	678M	1.3B	134M	720M	629.4M
Net Debt	6.1B	5.1B	8.0B	7.9B	10.4B	8.9B
Retained Earnings	(1.6B)	(1.4B)	464M	1.4B	820M	861M
Accounts Payable	722M	649M	2.3B	3.6B	2.3B	2.4B
Cash	345M	3.9B	250M	430M	541M	514.0M
Non Current Assets Total	9.4B	8.9B	12.3B	12.9B	16.3B	15.3B
Non Currrent Assets Other	550M	477M	2.8B	4.4B	3.1B	3.2B
Cash And Short Term Investments	345M	3.9B	250M	430M	541M	514.0M
Net Receivables	1.0B	904M	3.9B	4.8B	3.5B	3.7B
Common Stock Shares Outstanding	264M	246M	245M	236M	228M	224.7M
Liabilities And Stockholders Equity	12.5B	14.9B	23.2B	29.1B	26.0B	20.9B
Non Current Liabilities Total	8.5B	11.3B	11.7B	12.3B	13.6B	12.0B
Inventory	383M	327M	498M	751M	607M	537.4M
Other Current Assets	245M	892M	6.2B	10.3B	5.0B	5.3B
Other Stockholder Equity	3.5B	3.3B	3.3B	2.6B	1.5B	1.4B
Total Liab	10.9B	13.2B	19.6B	25.3B	23.1B	16.3B
Total Current Assets	3.1B	6.0B	10.8B	16.2B	9.7B	5.6B
Accumulated Other Comprehensive Income	(192M)	(206M)	(126M)	(177M)	(91M)	(86.5M)
Short Term Debt	161M	139M	166M	229M	800M	579.3M
Property Plant And Equipment Gross	3.1B	2.8B	2.0B	1.9B	3.2B	3.1B
Other Liab	2.2B	2.3B	3.5B	4.2B	4.8B	2.9B
Other Assets	4.6B	4.4B	5.9B	7.1B	8.1B	8.6B
Long Term Debt	5.8B	8.7B	8.0B	8.0B	10.1B	10.3B
Short Term Investments	8M	17M	860M	(6M)	(6.9M)	(6.6M)
Intangible Assets	789M	668M	2.5B	2.1B	3.9B	4.1B
Property Plant Equipment	2.6B	2.5B	2.0B	1.9B	2.2B	2.1B
Treasury Stock	(5.0B)	(5.2B)	(5.3B)	(5.9B)	(5.3B)	(5.0B)
Net Tangible Assets	1.7B	1.7B	(706M)	3.8B	3.4B	1.9B

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When determining whether NRG Energy is a strong investment it is important to analyze NRG Energy's competitive position within its industry, examining market share, product or service uniqueness, and competitive advantages. Beyond financials and market position, potential investors should also consider broader economic conditions, industry trends, and any regulatory or geopolitical factors that may impact NRG Energy's future performance. For an informed investment choice regarding NRG Stock, refer to the following important reports:

How To Invest In NRG

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Is NRG Stock a good investment?

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What is NRG Energy's Net Worth?

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Check out Correlation Analysis to better understand how to build diversified portfolios, which includes a position in NRG Energy. 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.

For more detail on how to invest in NRG Stock please use our How to Invest in NRG Energy guide.

You can also try the Portfolio Anywhere module to track or share privately all of your investments from the convenience of any device.

Is Independent Power and Renewable Electricity Producers 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 NRG Energy. If investors know NRG 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 NRG Energy 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

1.696

Dividend Share

1.63

Earnings Share

4.04

Revenue Per Share

133.419

Quarterly Revenue Growth

(0.09)

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

Free Cash Flow vs Depreciation

Free Cash Flow vs Depreciation Correlation Analysis

Correlation Coefficient

Free Cash Flow

Depreciation

NRG Energy fundamental ratios Correlations

NRG Energy Account Relationship Matchups

High Positive Relationship

High Negative Relationship

NRG Energy fundamental ratios Accounts

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COMMON DESTINATIONS

MAIN CATEGORIES

COMPANY

Cash And Short Term Investments	+ 1.0	Cash
Net Debt	+ 0.99	Short Long Term Debt Total
Non Current Liabilities Total	+ 0.99	Short Long Term Debt Total
Non Current Liabilities Total	+ 0.98	Net Debt
Total Current Liabilities	+ 0.97	Other Current Liab
Accounts Payable	+ 0.97	Total Current Liabilities

Common Stock Shares Outstanding	- 0.63	Other Current Liab
Other Current Assets	- 0.59	Common Stock Shares Outstanding
Common Stock Shares Outstanding	- 0.55	Accounts Payable
Common Stock Shares Outstanding	- 0.54	Total Current Liabilities
Other Current Assets	- 0.51	Property Plant And Equipment Net
Common Stock Shares Outstanding	- 0.5	Net Receivables