NextPlat Ev To Free Cash Flow vs Free Cash Flow Yield Analysis

NXPLW Stock  USD 0.10  0.01  9.09%   
NextPlat Corp financial indicator trend analysis is infinitely more than just investigating NextPlat Corp recent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether NextPlat Corp is a good investment. Please check the relationship between NextPlat Corp Ev To Free Cash Flow and its Free Cash Flow Yield accounts. Check out Correlation Analysis to better understand how to build diversified portfolios, which includes a position in NextPlat 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 bureau of economic analysis.
For more information on how to buy NextPlat Stock please use our How to Invest in NextPlat Corp guide.

Ev To Free Cash Flow vs Free Cash Flow Yield

Ev To Free Cash Flow vs Free Cash Flow Yield Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of NextPlat Corp Ev To Free Cash Flow account and Free Cash Flow Yield. At this time, the significance of the direction appears to have significant contrarian relationship.
The correlation between NextPlat Corp's Ev To Free Cash Flow and Free Cash Flow Yield is -0.26. Overlapping area represents the amount of variation of Ev To Free Cash Flow that can explain the historical movement of Free Cash Flow Yield in the same time period over historical financial statements of NextPlat Corp, assuming nothing else is changed. The correlation between historical values of NextPlat Corp's Ev To Free Cash Flow and Free Cash Flow Yield is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Ev To Free Cash Flow of NextPlat Corp are associated (or correlated) with its Free Cash Flow Yield. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Free Cash Flow Yield has no effect on the direction of Ev To Free Cash Flow i.e., NextPlat Corp's Ev To Free Cash Flow and Free Cash Flow Yield go up and down completely randomly.

Correlation Coefficient

-0.26
Relationship DirectionNegative 
Relationship StrengthInsignificant

Ev To Free Cash Flow

A valuation metric comparing the company's enterprise value to its free cash flow, used to evaluate whether a company is undervalued or overvalued.

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.
Most indicators from NextPlat Corp's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into NextPlat 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 Correlation Analysis to better understand how to build diversified portfolios, which includes a position in NextPlat 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 bureau of economic analysis.
For more information on how to buy NextPlat Stock please use our How to Invest in NextPlat Corp guide.At this time, NextPlat Corp's Selling General Administrative is fairly stable compared to the past year. Tax Provision is likely to climb to about 170.1 K in 2024, whereas Issuance Of Capital Stock is likely to drop slightly above 7.8 M in 2024.
 2021 2022 2023 2024 (projected)
Interest Expense1.5M24.5K79K75.1K
Depreciation And Amortization350.1K595.7K2.5M2.7M

NextPlat Corp fundamental ratios Correlations

0.960.96-0.93-0.260.950.960.960.990.680.970.99-0.290.910.970.960.46-0.19-0.020.960.950.980.920.930.09-0.89
0.960.85-0.82-0.261.00.860.860.940.641.00.94-0.20.910.970.970.37-0.120.01.00.960.990.960.980.05-0.94
0.960.85-0.99-0.230.830.990.990.970.680.860.98-0.350.840.90.880.55-0.22-0.040.840.860.90.80.810.13-0.77
-0.93-0.82-0.990.26-0.78-1.0-1.0-0.94-0.69-0.83-0.960.3-0.77-0.84-0.84-0.650.18-0.01-0.8-0.82-0.86-0.76-0.77-0.10.71
-0.26-0.26-0.230.26-0.26-0.27-0.27-0.29-0.87-0.26-0.27-0.560.06-0.23-0.27-0.11-0.36-0.84-0.25-0.36-0.25-0.31-0.250.120.24
0.951.00.83-0.78-0.260.830.830.930.630.990.92-0.20.910.980.970.3-0.140.01.00.960.990.960.980.05-0.95
0.960.860.99-1.0-0.270.831.00.960.70.870.98-0.30.80.870.880.61-0.180.010.840.860.90.80.810.1-0.77
0.960.860.99-1.0-0.270.831.00.960.70.870.98-0.30.80.870.880.61-0.180.010.840.860.90.80.810.1-0.77
0.990.940.97-0.94-0.290.930.960.960.710.950.99-0.250.880.970.970.42-0.160.010.940.950.970.890.930.11-0.87
0.680.640.68-0.69-0.870.630.70.70.710.640.70.290.380.630.650.350.180.620.620.720.650.630.61-0.03-0.58
0.971.00.86-0.83-0.260.990.870.870.950.640.94-0.210.920.980.980.37-0.13-0.011.00.970.990.950.980.07-0.94
0.990.940.98-0.96-0.270.920.980.980.990.70.94-0.280.880.940.940.53-0.180.00.930.930.970.890.90.09-0.86
-0.29-0.2-0.350.3-0.56-0.2-0.3-0.3-0.250.29-0.21-0.28-0.43-0.29-0.24-0.220.680.71-0.21-0.16-0.25-0.29-0.17-0.250.17
0.910.910.84-0.770.060.910.80.80.880.380.920.88-0.430.940.890.31-0.28-0.310.910.860.920.840.890.13-0.85
0.970.970.9-0.84-0.230.980.870.870.970.630.980.94-0.290.940.970.29-0.21-0.050.980.960.990.940.960.1-0.92
0.960.970.88-0.84-0.270.970.880.880.970.650.980.94-0.240.890.970.32-0.14-0.030.970.980.980.920.970.14-0.91
0.460.370.55-0.65-0.110.30.610.610.420.350.370.53-0.220.310.290.32-0.090.070.320.340.380.350.230.0-0.23
-0.19-0.12-0.220.18-0.36-0.14-0.18-0.18-0.160.18-0.13-0.180.68-0.28-0.21-0.14-0.090.4-0.15-0.11-0.17-0.23-0.09-0.110.12
-0.020.0-0.04-0.01-0.840.00.010.010.010.62-0.010.00.71-0.31-0.05-0.030.070.4-0.010.1-0.030.05-0.03-0.31-0.01
0.961.00.84-0.8-0.251.00.840.840.940.621.00.93-0.210.910.980.970.32-0.15-0.010.960.990.960.980.04-0.95
0.950.960.86-0.82-0.360.960.860.860.950.720.970.93-0.160.860.960.980.34-0.110.10.960.970.920.950.12-0.91
0.980.990.9-0.86-0.250.990.90.90.970.650.990.97-0.250.920.990.980.38-0.17-0.030.990.970.950.970.07-0.93
0.920.960.8-0.76-0.310.960.80.80.890.630.950.89-0.290.840.940.920.35-0.230.050.960.920.950.930.04-0.92
0.930.980.81-0.77-0.250.980.810.810.930.610.980.9-0.170.890.960.970.23-0.09-0.030.980.950.970.93-0.01-0.93
0.090.050.13-0.10.120.050.10.10.11-0.030.070.09-0.250.130.10.140.0-0.11-0.310.040.120.070.04-0.01-0.02
-0.89-0.94-0.770.710.24-0.95-0.77-0.77-0.87-0.58-0.94-0.860.17-0.85-0.92-0.91-0.230.12-0.01-0.95-0.91-0.93-0.92-0.93-0.02
Click cells to compare fundamentals

NextPlat Corp Account Relationship Matchups

NextPlat Corp fundamental ratios Accounts

201920202021202220232024 (projected)
Total Assets2.4M2.6M20.6M28.6M64.5M67.7M
Total Current Liabilities1.4M1.5M2.8M2.1M14.2M14.9M
Total Stockholder Equity639.7K565.2K17.5M25.8M32.2M33.8M
Net Debt321.5K17.6K(16.9M)(17.8M)(23.3M)(22.1M)
Retained Earnings(11.1M)(13.9M)(22.0M)(31.1M)(34.9M)(33.2M)
Accounts Payable901.2K747.5K846.4K1.2M12.1M12.7M
Cash75.4K728.8K17.3M18.9M26.3M27.6M
Cash And Short Term Investments75.4K728.8K17.3M18.9M26.3M27.6M
Common Stock Shares Outstanding21.2K267.9K4.1M9.6M17.5M18.4M
Liabilities And Stockholders Equity2.4M2.6M20.6M28.6M64.5M67.7M
Other Stockholder Equity11.8M14.5M39.5M57.0M67.2M70.5M
Total Liab1.8M2.1M3.0M2.9M16.4M17.2M
Total Current Assets877.4K1.4M19.4M21.2M43.6M45.8M
Common Stock12.0408.0705.01.4K2K1.9K
Property Plant And Equipment Net1.4M1.2M1.1M2.1M5.6M5.9M
Non Current Assets Total1.5M1.3M1.2M7.5M20.8M21.9M
Short Long Term Debt Total396.9K746.3K329.9K1.1M3.0M3.2M
Other Current Liab402.2K422.7K1.8M524.3K943K658.2K
Current Deferred Revenue87.3K90.3K96.5K122.9K42K81.8K
Net Receivables320.4K252.6K941.7K959K11.6M12.1M
Non Current Liabilities Total343.1K552.5K253.8K806.2K2.1M2.3M
Inventory366.3K361.4K1.0M1.3M5.1M5.4M
Other Current Assets96.8K29.7K145.6K46K640K672K
Short Term Debt53.7K295.9K95.9K269K1.4M1.5M
Intangible Assets125M100K75K50.0M14.4M16.2M
Accumulated Other Comprehensive Income(2.2K)(42.8K)3.2K(40.7K)(63K)(66.2K)
Net Invested Capital955.7K1.3M17.8M26.0M33.7M35.4M
Capital Stock12.0408.0705.01.4K2K1.2K
Net Working Capital(567.0K)(144.1K)16.6M19.1M29.4M30.9M

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