Prism Depreciation vs Free Cash Flow Analysis

PRSMJOHNSN   196.63  4.35  2.26%   
Prism Johnson financial indicator trend analysis is much more than just breaking down Prism Johnson Limited prevalent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Prism Johnson Limited is a good investment. Please check the relationship between Prism Johnson Depreciation and its Free Cash Flow accounts. Check out Your Equity Center to better understand how to build diversified portfolios, which includes a position in Prism Johnson 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 inflation.

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 Prism Johnson Limited Depreciation account and Free Cash Flow. At this time, the significance of the direction appears to have almost no relationship.
The correlation between Prism Johnson's Depreciation and Free Cash Flow is 0.1. 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 Prism Johnson Limited, assuming nothing else is changed. The correlation between historical values of Prism Johnson'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 Prism Johnson 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 Depreciation i.e., Prism Johnson's Depreciation and Free Cash Flow go up and down completely randomly.

Correlation Coefficient

0.1
Relationship DirectionPositive 
Relationship StrengthInsignificant

Depreciation

Depreciation indicates how much of Prism Johnson Limited value has been used up. For tax purposes Prism Johnson can deduct the cost of the tangible assets it purchases as business expenses. However, Prism Johnson Limited 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 Prism Johnson's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Prism Johnson Limited 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 Prism Johnson 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 inflation.
The Prism Johnson's current Selling General Administrative is estimated to increase to about 6.2 B, while Tax Provision is projected to decrease to under 117.4 M.
 2021 2022 2023 2024 (projected)
Interest Expense1.8B1.9B1.9B1.8B
Depreciation And Amortization3.1B3.9B4.1B2.1B

Prism Johnson fundamental ratios Correlations

0.630.970.90.990.560.590.990.390.670.750.90.940.940.54-0.281.00.980.870.570.490.530.93-0.570.410.4
0.630.630.640.59-0.120.720.62-0.020.780.050.430.560.510.47-0.610.620.620.410.870.63-0.10.68-0.410.65-0.02
0.970.630.840.950.460.590.970.270.640.690.840.850.910.51-0.320.970.940.80.60.450.440.93-0.650.470.36
0.90.640.840.920.440.620.90.160.630.630.910.850.860.3-0.330.880.870.910.610.320.330.87-0.380.430.17
0.990.590.950.920.610.550.990.420.640.770.920.950.930.53-0.230.990.960.90.510.470.550.91-0.530.360.41
0.56-0.120.460.440.61-0.080.510.690.10.880.660.710.660.460.330.580.620.66-0.280.240.940.420.05-0.320.4
0.590.720.590.620.55-0.080.6-0.060.920.140.490.50.440.28-0.750.580.560.490.80.390.050.62-0.610.880.21
0.990.620.970.90.990.510.60.360.660.720.870.90.910.5-0.30.980.940.840.580.450.460.93-0.640.440.42
0.39-0.020.270.160.420.69-0.060.360.250.60.330.570.370.610.120.410.410.31-0.270.590.710.17-0.19-0.220.74
0.670.780.640.630.640.10.920.660.250.260.550.640.550.58-0.720.670.670.540.710.710.230.63-0.580.810.37
0.750.050.690.630.770.880.140.720.60.260.80.80.830.340.150.760.780.78-0.020.230.80.63-0.2-0.070.45
0.90.430.840.910.920.660.490.870.330.550.80.870.90.42-0.20.890.91.00.330.320.560.77-0.320.280.35
0.940.560.850.850.950.710.50.90.570.640.80.870.910.61-0.160.940.960.850.430.560.680.83-0.370.240.44
0.940.510.910.860.930.660.440.910.370.550.830.90.910.53-0.140.940.950.880.420.450.60.87-0.370.310.29
0.540.470.510.30.530.460.280.50.610.580.340.420.610.53-0.320.570.590.390.170.850.550.38-0.310.230.46
-0.28-0.61-0.32-0.33-0.230.33-0.75-0.30.12-0.720.15-0.2-0.16-0.14-0.32-0.26-0.25-0.2-0.61-0.40.23-0.290.47-0.76-0.1
1.00.620.970.880.990.580.580.980.410.670.760.890.940.940.57-0.260.980.860.550.510.560.92-0.560.390.41
0.980.620.940.870.960.620.560.940.410.670.780.90.960.950.59-0.250.980.870.530.540.610.89-0.430.340.37
0.870.410.80.910.90.660.490.840.310.540.781.00.850.880.39-0.20.860.870.310.310.550.75-0.270.280.31
0.570.870.60.610.51-0.280.80.58-0.270.71-0.020.330.430.420.17-0.610.550.530.310.35-0.20.66-0.560.75-0.05
0.490.630.450.320.470.240.390.450.590.710.230.320.560.450.85-0.40.510.540.310.350.340.35-0.330.360.47
0.53-0.10.440.330.550.940.050.460.710.230.80.560.680.60.550.230.560.610.55-0.20.340.38-0.05-0.20.49
0.930.680.930.870.910.420.620.930.170.630.630.770.830.870.38-0.290.920.890.750.660.350.38-0.520.470.11
-0.57-0.41-0.65-0.38-0.530.05-0.61-0.64-0.19-0.58-0.2-0.32-0.37-0.37-0.310.47-0.56-0.43-0.27-0.56-0.33-0.05-0.52-0.66-0.58
0.410.650.470.430.36-0.320.880.44-0.220.81-0.070.280.240.310.23-0.760.390.340.280.750.36-0.20.47-0.660.11
0.4-0.020.360.170.410.40.210.420.740.370.450.350.440.290.46-0.10.410.370.31-0.050.470.490.11-0.580.11
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Prism Johnson Account Relationship Matchups

Prism Johnson fundamental ratios Accounts

201920202021202220232024 (projected)
Total Assets60.7B61.7B64.6B65.6B70.9B51.0B
Other Current Liab9.7B10.6B11.5B12.8B13.2B6.7B
Total Current Liabilities25.3B24.2B28.0B32.5B33.6B20.6B
Total Stockholder Equity10.5B12.4B13.2B12.1B13.9B11.8B
Property Plant And Equipment Net30.2B30.3B31.1B31.3B33.3B25.9B
Net Debt22.9B15.9B14.9B13.9B13.1B16.2B
Cash1.4B3.5B2.6B2.6B4.4B4.6B
Non Current Assets Total37.9B39.9B42.2B42.9B44.4B33.0B
Non Currrent Assets Other7.4B4.9B3.0B2.9B2.1B3.7B
Cash And Short Term Investments5.6B5.2B4.1B4.4B6.6B6.9B
Net Receivables7.9B6.9B6.9B7.3B6.9B7.2B
Liabilities And Stockholders Equity60.7B61.7B64.6B65.6B70.9B51.0B
Non Current Liabilities Total22.5B22.2B20.6B18.4B20.9B16.9B
Inventory7.4B5.8B8.0B7.5B8.3B6.2B
Other Current Assets9.8B2.8B4.0B3.5B4.6B3.0B
Total Liab47.8B46.4B48.6B50.9B54.5B37.5B
Total Current Assets22.8B21.8B22.4B22.7B26.5B17.9B
Accumulated Other Comprehensive Income281.6M233.6M157.4M65.3M201.5M211.6M
Retained Earnings3.4B7.1B8.0B7.0B8.7B4.8B
Short Term Investments4.3B1.7B1.5B1.7B2.3B1.6B
Short Long Term Debt Total24.3B19.3B17.5B16.6B17.5B20.1B
Accounts Payable7.8B9.5B11.4B13.2B10.4B8.6B
Intangible Assets252.3M239M407M373M520.7M546.7M
Current Deferred Revenue8.5B6.3B1.0B1.2B4.9B4.2B
Short Term Debt7.8B3.3B4.1B5.3B5.1B5.1B
Other Liab5.8B6.2B7.2B7.2B8.2B5.4B
Net Tangible Assets10.8B10.3B11.9B12.6B14.5B11.6B
Other Assets3.3B3.4B2.5B577.4M519.7M493.7M
Long Term Debt15.0B14.3B11.8B9.6B9.3B10.0B
Short Long Term Debt7.4B1.2B3.8B5.1B4.1B5.4B
Property Plant Equipment30.3B30.3B31.1B31.3B36.0B30.7B
Long Term Debt Total16.5B16.0B13.3B11.2B12.9B14.7B
Capital Lease Obligations1.8B2.0B1.8B1.9B4.1B4.4B
Non Current Liabilities Other342.7M2.3B2.7B2.8B3.9B4.1B
Cash And Equivalents1.1B2.5B2.0B2.0B2.2B1.2B

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Other Information on Investing in Prism Stock

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