Praj Change In Cash vs Free Cash Flow Analysis

PRAJIND Stock

738.70 42.85 5.48%

Praj Industries financial indicator trend analysis is much more than just breaking down Praj Industries prevalent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Praj Industries is a good investment. Please check the relationship between Praj Industries Change In Cash and its Free Cash Flow accounts. Check out Your Equity Center to better understand how to build diversified portfolios, which includes a position in Praj Industries Limited. 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.

Change In Cash vs Free Cash Flow

Change In Cash vs Free Cash Flow Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Praj Industries Change In Cash account and Free Cash Flow. At this time, the significance of the direction appears to have fragmental relationship.

The correlation between Praj Industries' Change In Cash and Free Cash Flow is 0.57. Overlapping area represents the amount of variation of Change In Cash that can explain the historical movement of Free Cash Flow in the same time period over historical financial statements of Praj Industries Limited, assuming nothing else is changed. The correlation between historical values of Praj Industries' Change In Cash 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 Change In Cash of Praj Industries Limited 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 Change In Cash i.e., Praj Industries' Change In Cash and Free Cash Flow go up and down completely randomly.

Correlation Coefficient

0.57

Relationship Direction	Positive
Relationship Strength	Weak

View All Relationships

Change In Cash

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 Praj Industries' fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Praj Industries 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 Your Equity Center to better understand how to build diversified portfolios, which includes a position in Praj Industries Limited. 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 present, Praj Industries' Tax Provision is projected to increase significantly based on the last few years of reporting.

	2022	2023	2024	2025 (projected)
Interest Expense	46.3M	97.9M	112.6M	118.2M
Depreciation And Amortization	302.5M	440.6M	396.5M	376.7M

Interest Expense Depreciation And Amortization

Praj Industries fundamental ratios Correlations

	Total Assets	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	Other Stockholder Equity	Total Liab	Total Current Assets	Intangible Assets	Common Stock	Short Long Term Debt Total	Good Will	Short Term Investments	Current Deferred Revenue	Retained Earnings
Total Assets		0.89	0.98	0.97	0.89	0.45	0.99	0.85	0.93	-0.44	0.96	0.99	0.83	0.88	0.71	0.44	0.47	0.99	1.0	0.58	0.51	0.88	0.49	0.68	0.78	0.81
Other Current Liab	0.89		0.89	0.83	0.84	0.58	0.85	0.8	0.85	-0.41	0.81	0.9	0.7	0.9	0.5	0.41	0.49	0.9	0.88	0.62	0.26	0.92	0.22	0.59	0.88	0.78
Total Current Liabilities	0.98	0.89		0.92	0.82	0.4	0.98	0.82	0.86	-0.48	0.97	0.97	0.77	0.83	0.77	0.5	0.44	1.0	0.99	0.52	0.45	0.84	0.4	0.74	0.74	0.8
Total Stockholder Equity	0.97	0.83	0.92		0.92	0.46	0.95	0.81	0.97	-0.35	0.92	0.96	0.87	0.87	0.63	0.34	0.46	0.93	0.95	0.6	0.61	0.86	0.62	0.59	0.74	0.79
Property Plant And Equipment Net	0.89	0.84	0.82	0.92		0.52	0.82	0.83	0.98	-0.25	0.76	0.88	0.85	0.9	0.39	0.4	0.5	0.84	0.85	0.66	0.6	0.9	0.52	0.33	0.85	0.69
Net Debt	0.45	0.58	0.4	0.46	0.52		0.41	0.18	0.54	-0.55	0.29	0.54	0.3	0.65	0.14	0.04	0.05	0.44	0.42	0.52	-0.16	0.68	0.02	0.3	0.67	0.53
Accounts Payable	0.99	0.85	0.98	0.95	0.82	0.41		0.8	0.88	-0.51	0.98	0.98	0.79	0.83	0.76	0.39	0.39	0.98	0.99	0.53	0.49	0.82	0.47	0.75	0.71	0.81
Cash	0.85	0.8	0.82	0.81	0.83	0.18	0.8		0.83	-0.19	0.83	0.8	0.8	0.86	0.41	0.39	0.62	0.84	0.83	0.61	0.45	0.85	0.31	0.45	0.81	0.64
Non Current Assets Total	0.93	0.85	0.86	0.97	0.98	0.54	0.88	0.83		-0.33	0.83	0.93	0.88	0.92	0.48	0.34	0.48	0.88	0.9	0.67	0.59	0.92	0.55	0.44	0.83	0.75
Non Currrent Assets Other	-0.44	-0.41	-0.48	-0.35	-0.25	-0.55	-0.51	-0.19	-0.33		-0.43	-0.5	-0.25	-0.45	-0.43	0.02	0.01	-0.49	-0.46	-0.18	0.15	-0.44	0.15	-0.56	-0.36	-0.44
Cash And Short Term Investments	0.96	0.81	0.97	0.92	0.76	0.29	0.98	0.83	0.83	-0.43		0.94	0.78	0.79	0.77	0.38	0.46	0.96	0.98	0.46	0.48	0.78	0.46	0.79	0.66	0.79
Net Receivables	0.99	0.9	0.97	0.96	0.88	0.54	0.98	0.8	0.93	-0.5	0.94		0.81	0.9	0.68	0.34	0.38	0.98	0.98	0.61	0.46	0.9	0.44	0.69	0.8	0.83
Common Stock Shares Outstanding	0.83	0.7	0.77	0.87	0.85	0.3	0.79	0.8	0.88	-0.25	0.78	0.81		0.79	0.48	0.28	0.44	0.78	0.8	0.52	0.66	0.76	0.59	0.44	0.67	0.7
Non Current Liabilities Total	0.88	0.9	0.83	0.87	0.9	0.65	0.83	0.86	0.92	-0.45	0.79	0.9	0.79		0.39	0.28	0.48	0.87	0.86	0.71	0.28	1.0	0.25	0.5	0.95	0.76
Inventory	0.71	0.5	0.77	0.63	0.39	0.14	0.76	0.41	0.48	-0.43	0.77	0.68	0.48	0.39		0.49	0.26	0.74	0.76	0.16	0.43	0.38	0.49	0.84	0.24	0.71
Other Current Assets	0.44	0.41	0.5	0.34	0.4	0.04	0.39	0.39	0.34	0.02	0.38	0.34	0.28	0.28	0.49		0.46	0.48	0.45	0.08	0.36	0.31	0.31	0.24	0.27	0.31
Other Stockholder Equity	0.47	0.49	0.44	0.46	0.5	0.05	0.39	0.62	0.48	0.01	0.46	0.38	0.44	0.48	0.26	0.46		0.45	0.45	0.23	0.36	0.49	0.38	0.29	0.43	0.47
Total Liab	0.99	0.9	1.0	0.93	0.84	0.44	0.98	0.84	0.88	-0.49	0.96	0.98	0.78	0.87	0.74	0.48	0.45		1.0	0.55	0.43	0.87	0.39	0.73	0.77	0.81
Total Current Assets	1.0	0.88	0.99	0.95	0.85	0.42	0.99	0.83	0.9	-0.46	0.98	0.98	0.8	0.86	0.76	0.45	0.45	1.0		0.55	0.49	0.85	0.46	0.73	0.75	0.81
Intangible Assets	0.58	0.62	0.52	0.6	0.66	0.52	0.53	0.61	0.67	-0.18	0.46	0.61	0.52	0.71	0.16	0.08	0.23	0.55	0.55		0.17	0.74	0.22	0.21	0.79	0.52
Common Stock	0.51	0.26	0.45	0.61	0.6	-0.16	0.49	0.45	0.59	0.15	0.48	0.46	0.66	0.28	0.43	0.36	0.36	0.43	0.49	0.17		0.25	0.89	0.11	0.14	0.4
Short Long Term Debt Total	0.88	0.92	0.84	0.86	0.9	0.68	0.82	0.85	0.92	-0.44	0.78	0.9	0.76	1.0	0.38	0.31	0.49	0.87	0.85	0.74	0.25		0.24	0.5	0.97	0.76
Good Will	0.49	0.22	0.4	0.62	0.52	0.02	0.47	0.31	0.55	0.15	0.46	0.44	0.59	0.25	0.49	0.31	0.38	0.39	0.46	0.22	0.89	0.24		0.23	0.1	0.48
Short Term Investments	0.68	0.59	0.74	0.59	0.33	0.3	0.75	0.45	0.44	-0.56	0.79	0.69	0.44	0.5	0.84	0.24	0.29	0.73	0.73	0.21	0.11	0.5	0.23		0.39	0.81
Current Deferred Revenue	0.78	0.88	0.74	0.74	0.85	0.67	0.71	0.81	0.83	-0.36	0.66	0.8	0.67	0.95	0.24	0.27	0.43	0.77	0.75	0.79	0.14	0.97	0.1	0.39		0.68
Retained Earnings	0.81	0.78	0.8	0.79	0.69	0.53	0.81	0.64	0.75	-0.44	0.79	0.83	0.7	0.76	0.71	0.31	0.47	0.81	0.81	0.52	0.4	0.76	0.48	0.81	0.68

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Praj Industries Account Relationship Matchups

Praj Industries fundamental ratios Accounts

	2020	2021	2022	2023	2024	2025 (projected)
Total Assets	15.9B	22.1B	26.2B	29.0B	33.3B	35.0B
Other Current Liab	427.2M	654.4M	8.3B	9.1B	10.5B	11.0B
Total Current Liabilities	7.6B	12.6B	15.0B	14.6B	16.8B	17.6B
Total Stockholder Equity	8.0B	9.2B	10.8B	12.7B	14.7B	15.4B
Property Plant And Equipment Net	2.1B	2.1B	2.4B	4.1B	4.7B	5.0B
Net Debt	(834.5M)	(863.7M)	(564.4M)	9.2M	10.5M	11.1M
Accounts Payable	3.4B	4.2B	5.1B	5.0B	5.7B	6.0B
Cash	1.0B	1.1B	985.8M	1.7B	1.9B	2.0B
Non Current Assets Total	3.6B	3.7B	4.4B	6.7B	7.7B	8.1B
Non Currrent Assets Other	292.5M	254.8M	281.2M	79.8M	71.8M	68.2M
Cash And Short Term Investments	4.3B	5.5B	6.2B	5.8B	6.7B	7.1B
Net Receivables	5.9B	7.9B	11.0B	12.3B	14.2B	14.9B
Common Stock Shares Outstanding	183.3M	183.7M	183.8M	183.7M	211.3M	197.5M
Liabilities And Stockholders Equity	15.9B	22.1B	26.2B	29.0B	33.3B	35.0B
Non Current Liabilities Total	270.2M	318.1M	400.7M	1.6B	1.9B	2.0B
Inventory	1.3B	3.5B	3.3B	2.2B	2.5B	1.4B
Other Current Assets	887.4M	1.6B	1.4B	1.6B	1.4B	1.1B
Other Stockholder Equity	982.3M	1.0B	1.0B	2.0B	1.8B	1.3B
Total Liab	7.9B	13.0B	15.4B	16.2B	18.6B	19.6B
Total Current Assets	12.4B	18.4B	21.8B	22.2B	25.6B	26.9B
Accumulated Other Comprehensive Income	1.4B	1.3B	1.2B	30.4M	35.0M	36.7M
Intangible Assets	11.0M	18.8M	39.9M	447.6M	514.7M	540.4M
Common Stock	366.5M	367.3M	367.4M	367.6M	422.8M	338.8M
Short Long Term Debt Total	176.6M	210.9M	421.4M	1.7B	1.9B	2.0B
Short Term Investments	3.3B	4.4B	5.2B	4.2B	4.8B	2.6B
Current Deferred Revenue	400.8M	572.7M	1.2B	7.7B	8.8B	9.3B
Retained Earnings	5.3B	6.4B	8.2B	10.3B	11.9B	6.0B
Short Term Debt	(3.7B)	(7.6B)	(996.9M)	276.1M	248.5M	261.0M
Other Liab	171.8M	157.0M	170.5M	138.0M	158.7M	171.2M
Net Tangible Assets	6.8B	6.6B	7.4B	8.5B	9.8B	7.2B
Other Assets	470.3M	396.7M	274.1M	113.7M	130.8M	124.3M
Property Plant Equipment	2.2B	2.1B	2.1B	2.4B	2.2B	1.8B
Capital Surpluse	977.3M	982.3M	1.0B	1.0B	1.2B	975.5M
Cash And Equivalents	232.8M	455.5M	612.2M	495.0M	569.2M	446.1M
Net Invested Capital	8.0B	9.2B	10.8B	12.7B	14.7B	9.8B

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

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Praj Change In Cash vs Free Cash Flow Analysis

Change In Cash vs Free Cash Flow

Change In Cash vs Free Cash Flow Correlation Analysis

Correlation Coefficient

Change In Cash

Free Cash Flow

Praj Industries fundamental ratios Correlations

Praj Industries Account Relationship Matchups

High Positive Relationship

High Negative Relationship

Praj Industries fundamental ratios Accounts

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Total Current Assets	+ 1.0	Total Assets
Total Liab	+ 1.0	Total Current Liabilities
Short Long Term Debt Total	+ 1.0	Non Current Liabilities Total
Total Current Assets	+ 1.0	Total Liab
Accounts Payable	+ 0.99	Total Assets
Net Receivables	+ 0.99	Total Assets

Short Term Investments	- 0.56	Non Currrent Assets Other
Non Currrent Assets Other	- 0.55	Net Debt
Non Currrent Assets Other	- 0.51	Accounts Payable
Net Receivables	- 0.5	Non Currrent Assets Other
Total Liab	- 0.49	Non Currrent Assets Other
Non Currrent Assets Other	- 0.48	Total Current Liabilities