Construction Sale Purchase Of Stock vs Free Cash Flow Analysis
ROAD Stock | USD 89.86 1.63 1.78% |
Construction Partners financial indicator trend analysis is way more than just evaluating Construction Partners prevailing accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Construction Partners is a good investment. Please check the relationship between Construction Partners Sale Purchase Of Stock and its Free Cash Flow accounts. Check out Your Equity Center to better understand how to build diversified portfolios, which includes a position in Construction Partners. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in nation. For information on how to trade Construction Stock refer to our How to Trade Construction Stock guide.
Sale Purchase Of Stock vs Free Cash Flow
Sale Purchase Of Stock vs Free Cash Flow Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Construction Partners Sale Purchase Of Stock account and Free Cash Flow. At this time, the significance of the direction appears to have pay attention.
The correlation between Construction Partners' Sale Purchase Of Stock and Free Cash Flow is -0.81. Overlapping area represents the amount of variation of Sale Purchase Of Stock that can explain the historical movement of Free Cash Flow in the same time period over historical financial statements of Construction Partners, assuming nothing else is changed. The correlation between historical values of Construction Partners' Sale Purchase Of Stock 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 Sale Purchase Of Stock of Construction Partners 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 Sale Purchase Of Stock i.e., Construction Partners' Sale Purchase Of Stock and Free Cash Flow go up and down completely randomly.
Correlation Coefficient | -0.81 |
Relationship Direction | Negative |
Relationship Strength | Significant |
Sale Purchase Of Stock
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 Construction Partners' fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Construction Partners 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 Construction Partners. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in nation. For information on how to trade Construction Stock refer to our How to Trade Construction Stock guide.At present, Construction Partners' Enterprise Value Multiple is projected to increase significantly based on the last few years of reporting. The current year's Enterprise Value is expected to grow to about 2.1 B, whereas Selling General Administrative is forecasted to decline to about 92 M.
2023 | 2024 (projected) | Depreciation And Amortization | 91.0M | 45.6M | Interest Income | 1.7M | 2.4M |
Construction Partners fundamental ratios Correlations
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Construction Partners Account Relationship Matchups
High Positive Relationship
High Negative Relationship
Construction Partners fundamental ratios Accounts
2019 | 2020 | 2021 | 2022 | 2023 | 2024 (projected) | ||
Total Assets | 628.1M | 806.6M | 1.1B | 1.2B | 1.5B | 851.5M | |
Short Long Term Debt Total | 99.7M | 222.9M | 389.8M | 390.7M | 66.3M | 63.0M | |
Other Current Liab | 20.3M | 25.1M | 26.3M | 31.5M | 153.2M | 160.8M | |
Total Current Liabilities | 135.8M | 158.0M | 226.1M | 279.2M | 380.5M | 202.5M | |
Total Stockholder Equity | 385.2M | 408.9M | 455.9M | 516.6M | 573.7M | 402.3M | |
Other Liab | 17.3M | 20.8M | 28.3M | 38.4M | 44.1M | 23.5M | |
Net Tangible Assets | 301.6M | 335.6M | 319.3M | 310.4M | 357.0M | 278.5M | |
Property Plant And Equipment Net | 244.6M | 411.4M | 495.4M | 519.6M | 668.9M | 359.9M | |
Current Deferred Revenue | 33.7M | 33.7M | 52.5M | 78.9M | 90.7M | 95.3M | |
Net Debt | (48.7M) | 165.6M | 354.3M | 342.5M | (8.4M) | (8.0M) | |
Retained Earnings | 155.7M | 175.9M | 197.3M | 246.3M | 315.2M | 162.2M | |
Accounts Payable | 64.7M | 86.4M | 130.5M | 151.4M | 182.6M | 103.0M | |
Cash | 148.3M | 57.3M | 35.5M | 48.2M | 74.7M | 76.1M | |
Non Current Assets Total | 296.6M | 506.6M | 678.3M | 746.2M | 957.1M | 484.0M | |
Non Currrent Assets Other | 1.8M | (11.8M) | 10.7M | 47.8M | 36.0M | 37.8M | |
Other Assets | 3.5M | 2.2M | 5.5M | 12.7M | 14.6M | 15.3M | |
Long Term Debt | 79.1M | 206.2M | 363.1M | 360.7M | 487.0M | 511.3M | |
Cash And Short Term Investments | 148.3M | 57.3M | 35.5M | 48.2M | 74.7M | 76.1M | |
Net Receivables | 139.6M | 181.2M | 294.5M | 331M | 376.8M | 224.9M | |
Good Will | 46.3M | 85.4M | 129.5M | 159.3M | 231.7M | 243.2M | |
Common Stock Shares Outstanding | 51.6M | 51.8M | 52.0M | 52.3M | 52.6M | 56.1M | |
Long Term Debt Total | 42.5M | 79.1M | 206.2M | 363.1M | 417.5M | 438.4M | |
Liabilities And Stockholders Equity | 628.1M | 806.6M | 1.1B | 1.2B | 1.5B | 851.5M | |
Non Current Liabilities Total | 107.1M | 239.8M | 413.5M | 423.9M | 207.5M | 200.2M | |
Capital Surpluse | 243.5M | 245.0M | 248.6M | 256.6M | 295.1M | 238.9M | |
Inventory | 38.6M | 53.8M | 74.2M | 84.0M | 106.7M | 54.6M | |
Other Current Assets | 5.0M | 7.8M | 13.0M | 10.1M | 26.8M | 28.2M | |
Other Stockholder Equity | 229.4M | 233.0M | 240.9M | 251.5M | 251.0M | 210.6M | |
Total Liab | 242.9M | 397.7M | 639.6M | 703.1M | 968.4M | 1.0B | |
Property Plant And Equipment Gross | 244.6M | 411.4M | 495.4M | 878.0M | 1.1B | 1.2B | |
Total Current Assets | 331.6M | 300.0M | 417.2M | 473.4M | 585.0M | 367.5M | |
Non Current Liabilities Other | 14.0M | 10.9M | 3.5M | 2.8M | 4.7M | 5.1M | |
Short Term Debt | 17.1M | 12.8M | 16.9M | 17.3M | 44.7M | 46.9M | |
Intangible Assets | 3.2M | 4.2M | 16.0M | 19.5M | 20.5M | 21.6M | |
Property Plant Equipment | 205.9M | 237.2M | 411.4M | 495.4M | 569.7M | 598.2M |
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Analyzing currently trending equities could be an opportunity to develop a better portfolio based on different market momentums that they can trigger. Utilizing the top trending stocks is also useful when creating a market-neutral strategy or pair trading technique involving a short or a long position in a currently trending equity.When determining whether Construction Partners is a strong investment it is important to analyze Construction Partners' 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 Construction Partners' future performance. For an informed investment choice regarding Construction Stock, refer to the following important reports:Check out Your Equity Center to better understand how to build diversified portfolios, which includes a position in Construction Partners. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in nation. For information on how to trade Construction Stock refer to our How to Trade Construction Stock guide.You can also try the ETFs module to find actively traded Exchange Traded Funds (ETF) from around the world.
Is Construction & Engineering 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 Construction Partners. If investors know Construction 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 Construction Partners 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 0.439 | Earnings Share 1.31 | Revenue Per Share 33.93 | Quarterly Revenue Growth 0.227 | Return On Assets 0.0552 |
The market value of Construction Partners is measured differently than its book value, which is the value of Construction that is recorded on the company's balance sheet. Investors also form their own opinion of Construction Partners' value that differs from its market value or its book value, called intrinsic value, which is Construction Partners' 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 Construction Partners' market value can be influenced by many factors that don't directly affect Construction Partners' 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 Construction Partners' value and its price as these two are different measures arrived at by different means. Investors typically determine if Construction Partners is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Construction Partners' 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.