Voya Free Cash Flow vs Net Income Analysis

VOYA Stock

USD 67.73 0.52 0.77%

Voya Financial financial indicator trend analysis is much more than just breaking down Voya Financial prevalent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Voya Financial is a good investment. Please check the relationship between Voya Financial Free Cash Flow and its Net Income accounts. Check out World Market Map to better understand how to build diversified portfolios, which includes a position in Voya Financial. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in manufacturing.

For information on how to trade Voya Stock refer to our How to Trade Voya Stock guide.

Free Cash Flow vs Net Income

Free Cash Flow vs Net Income Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Voya Financial Free Cash Flow account and Net Income. At this time, the significance of the direction appears to have no relationship.

The correlation between Voya Financial's Free Cash Flow and Net Income is 0.01. Overlapping area represents the amount of variation of Free Cash Flow that can explain the historical movement of Net Income in the same time period over historical financial statements of Voya Financial, assuming nothing else is changed. The correlation between historical values of Voya Financial's Free Cash Flow and Net Income 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 Voya Financial are associated (or correlated) with its Net Income. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Net Income has no effect on the direction of Free Cash Flow i.e., Voya Financial's Free Cash Flow and Net Income go up and down completely randomly.

Correlation Coefficient

0.01

Relationship Direction	Positive
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.

Net Income

Net income is one of the most important fundamental items in finance. It plays a large role in Voya Financial financial statement analysis. It represents the amount of money remaining after all of Voya Financial operating expenses, interest, taxes and preferred stock dividends have been deducted from a company total revenue.

Most indicators from Voya Financial's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Voya Financial 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 World Market Map to better understand how to build diversified portfolios, which includes a position in Voya Financial. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in manufacturing.

For information on how to trade Voya Stock refer to our How to Trade Voya Stock guide.At present, Voya Financial's Selling General Administrative is projected to decrease significantly based on the last few years of reporting. The current year's Discontinued Operations is expected to grow to about 11.3 M, whereas Tax Provision is projected to grow to (83.6 M).

	2021	2022	2023	2024 (projected)
Total Revenue	3.2B	5.9B	7.3B	6.8B
Interest Expense	186M	134M	298M	229.2M

Total Revenue Interest Expense

Voya Financial fundamental ratios Correlations

	Total Assets	Other Current Liab	Total Current Liabilities	Total Stockholder Equity	Other Liab	Net Tangible Assets	Retained Earnings	Accounts Payable	Cash	Other Assets	Long Term Debt	Net Receivables	Good Will	Common Stock Total Equity	Retained Earnings Total Equity	Common Stock Shares Outstanding	Short Term Investments	Other Current Assets	Other Stockholder Equity	Total Liab	Deferred Long Term Liab	Long Term Investments	Short Long Term Debt	Total Current Assets	Treasury Stock	Short Term Debt
Total Assets		0.61	0.55	0.86	0.92	0.8	-0.59	0.39	0.71	0.19	0.62	0.32	-0.16	0.81	-0.61	0.1	0.65	-0.58	0.75	1.0	0.19	0.69	0.54	0.2	-0.19	0.41
Other Current Liab	0.61		0.88	0.77	0.5	0.79	-0.93	0.61	0.67	-0.14	0.61	-0.18	-0.37	0.77	-0.93	0.72	0.86	-0.99	0.95	0.59	-0.08	0.8	0.8	0.17	-0.43	0.55
Total Current Liabilities	0.55	0.88		0.69	0.4	0.69	-0.78	0.39	0.8	-0.06	0.67	-0.18	-0.39	0.72	-0.8	0.57	0.72	-0.86	0.82	0.53	0.05	0.66	0.62	-0.11	-0.53	0.59
Total Stockholder Equity	0.86	0.77	0.69		0.79	0.98	-0.77	0.39	0.81	0.2	0.76	-0.04	-0.31	0.8	-0.78	0.47	0.85	-0.78	0.88	0.84	0.2	0.88	0.78	0.3	-0.18	0.58
Other Liab	0.92	0.5	0.4	0.79		0.75	-0.48	0.18	0.65	0.15	0.69	0.45	0.09	0.62	-0.49	0.08	0.58	-0.5	0.67	0.92	0.3	0.66	0.61	0.3	0.05	0.5
Net Tangible Assets	0.8	0.79	0.69	0.98	0.75		-0.82	0.42	0.77	0.25	0.72	-0.07	-0.34	0.77	-0.82	0.48	0.86	-0.8	0.91	0.78	0.18	0.87	0.78	0.32	-0.22	0.58
Retained Earnings	-0.59	-0.93	-0.78	-0.77	-0.48	-0.82		-0.61	-0.55	0.05	-0.49	0.26	0.3	-0.81	1.0	-0.63	-0.8	0.91	-0.96	-0.58	0.18	-0.82	-0.68	-0.33	0.49	-0.39
Accounts Payable	0.39	0.61	0.39	0.39	0.18	0.42	-0.61		0.09	-0.04	-0.11	-0.05	-0.52	0.42	-0.6	0.38	0.58	-0.57	0.54	0.39	-0.58	0.34	0.34	0.45	-0.26	-0.23
Cash	0.71	0.67	0.8	0.81	0.65	0.77	-0.55	0.09		0.06	0.86	0.02	-0.39	0.66	-0.58	0.38	0.7	-0.69	0.72	0.69	0.29	0.7	0.69	-0.14	-0.2	0.76
Other Assets	0.19	-0.14	-0.06	0.2	0.15	0.25	0.05	-0.04	0.06		-0.05	0.36	-0.22	0.02	0.07	-0.38	-0.07	0.14	0.01	0.19	0.36	-0.13	-0.13	0.0	-0.09	-0.07
Long Term Debt	0.62	0.61	0.67	0.76	0.69	0.72	-0.49	-0.11	0.86	-0.05		-0.05	0.05	0.54	-0.51	0.5	0.68	-0.64	0.66	0.59	0.5	0.75	0.78	-0.04	0.01	0.94
Net Receivables	0.32	-0.18	-0.18	-0.04	0.45	-0.07	0.26	-0.05	0.02	0.36	-0.05		0.14	-0.11	0.26	-0.56	-0.21	0.19	-0.1	0.34	0.2	-0.31	-0.12	0.0	0.16	-0.1
Good Will	-0.16	-0.37	-0.39	-0.31	0.09	-0.34	0.3	-0.52	-0.39	-0.22	0.05	0.14		-0.27	0.3	-0.19	-0.39	0.4	-0.32	-0.16	0.28	-0.18	-0.2	0.08	0.35	0.07
Common Stock Total Equity	0.81	0.77	0.72	0.8	0.62	0.77	-0.81	0.42	0.66	0.02	0.54	-0.11	-0.27		-0.84	0.28	0.62	-0.74	0.86	0.8	0.11	0.8	0.47	0.04	-0.62	0.38
Retained Earnings Total Equity	-0.61	-0.93	-0.8	-0.78	-0.49	-0.82	1.0	-0.6	-0.58	0.07	-0.51	0.26	0.3	-0.84		-0.61	-0.79	0.91	-0.96	-0.6	0.16	-0.83	-0.67	-0.29	0.51	-0.4
Common Stock Shares Outstanding	0.1	0.72	0.57	0.47	0.08	0.48	-0.63	0.38	0.38	-0.38	0.5	-0.56	-0.19	0.28	-0.61		0.7	-0.76	0.59	0.07	-0.19	0.61	0.79	0.24	0.02	0.53
Short Term Investments	0.65	0.86	0.72	0.85	0.58	0.86	-0.8	0.58	0.7	-0.07	0.68	-0.21	-0.39	0.62	-0.79	0.7		-0.87	0.85	0.63	-0.06	0.83	0.88	0.41	-0.11	0.57
Other Current Assets	-0.58	-0.99	-0.86	-0.78	-0.5	-0.8	0.91	-0.57	-0.69	0.14	-0.64	0.19	0.4	-0.74	0.91	-0.76	-0.87		-0.95	-0.56	0.05	-0.83	-0.85	-0.2	0.38	-0.57
Other Stockholder Equity	0.75	0.95	0.82	0.88	0.67	0.91	-0.96	0.54	0.72	0.01	0.66	-0.1	-0.32	0.86	-0.96	0.59	0.85	-0.95		0.73	0.0	0.89	0.79	0.27	-0.4	0.54
Total Liab	1.0	0.59	0.53	0.84	0.92	0.78	-0.58	0.39	0.69	0.19	0.59	0.34	-0.16	0.8	-0.6	0.07	0.63	-0.56	0.73		0.18	0.67	0.51	0.19	-0.2	0.38
Deferred Long Term Liab	0.19	-0.08	0.05	0.2	0.3	0.18	0.18	-0.58	0.29	0.36	0.5	0.2	0.28	0.11	0.16	-0.19	-0.06	0.05	0.0	0.18		0.16	0.09	-0.32	-0.08	0.5
Long Term Investments	0.69	0.8	0.66	0.88	0.66	0.87	-0.82	0.34	0.7	-0.13	0.75	-0.31	-0.18	0.8	-0.83	0.61	0.83	-0.83	0.89	0.67	0.16		0.82	0.31	-0.22	0.61
Short Long Term Debt	0.54	0.8	0.62	0.78	0.61	0.78	-0.68	0.34	0.69	-0.13	0.78	-0.12	-0.2	0.47	-0.67	0.79	0.88	-0.85	0.79	0.51	0.09	0.82		0.37	0.12	0.72
Total Current Assets	0.2	0.17	-0.11	0.3	0.3	0.32	-0.33	0.45	-0.14	0.0	-0.04	0.0	0.08	0.04	-0.29	0.24	0.41	-0.2	0.27	0.19	-0.32	0.31	0.37		0.32	-0.22
Treasury Stock	-0.19	-0.43	-0.53	-0.18	0.05	-0.22	0.49	-0.26	-0.2	-0.09	0.01	0.16	0.35	-0.62	0.51	0.02	-0.11	0.38	-0.4	-0.2	-0.08	-0.22	0.12	0.32		0.03
Short Term Debt	0.41	0.55	0.59	0.58	0.5	0.58	-0.39	-0.23	0.76	-0.07	0.94	-0.1	0.07	0.38	-0.4	0.53	0.57	-0.57	0.54	0.38	0.5	0.61	0.72	-0.22	0.03

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Voya Financial Account Relationship Matchups

Voya Financial fundamental ratios Accounts

	2019	2020	2021	2022	2023	2024 (projected)
Total Assets	169.1B	180.3B	171.3B	147.7B	157.1B	198.5B
Total Current Liabilities	209.4B	144.1B	1M	141M	(10.2B)	(9.7B)
Total Stockholder Equity	9.4B	10.2B	8.3B	4.5B	4.2B	7.7B
Other Liab	135.3B	147.0B	157.7B	137.5B	158.1B	152.3B
Net Tangible Assets	9.4B	10.1B	8.3B	3.7B	4.2B	4.0B
Noncontrolling Interest In Consolidated Entity	822M	1.1B	1.6B	1.5B	1.7B	1.4B
Retained Earnings	(4.6B)	(4.9B)	(1.3B)	(342M)	505M	530.3M
Cash	1.2B	1.5B	1.4B	919M	1.1B	1.4B
Other Assets	158.9B	79.9B	152.2B	127.3B	2.1B	2.0B
Long Term Debt	3.0B	4.2B	2.6B	2.1B	3.4B	3.8B
Net Receivables	5.2B	4.7B	14.6B	15.3B	12.0B	8.6B
Retained Earnings Total Equity	(4.6B)	(5.0B)	(1.3B)	(342M)	(393.3M)	(413.0M)
Common Stock Shares Outstanding	141M	127.4M	125.8M	110.2M	108.8M	156.2M
Short Term Investments	1.9B	44.8B	1.5B	1.6B	213M	202.4M
Inventory	(3.5B)	(3.1B)	(3.4B)	(3.2B)	(38.7B)	(36.8B)
Other Current Assets	3.5B	3.1B	3.4B	3.2B	3.1B	3.2B
Other Stockholder Equity	10.7B	10.2B	7.5B	6.6B	6.1B	5.8B
Total Liab	158.8B	169.0B	161.4B	141.5B	151.0B	186.4B
Deferred Long Term Liab	111M	107M	104M	100M	115M	96.0M
Long Term Investments	56.4B	60.1B	1.5B	1.6B	32.4B	38.4B
Total Current Assets	8.3B	51.1B	17.6B	17.8B	937M	890.2M
Accumulated Other Comprehensive Income	3.3B	4.9B	2.1B	(1.8B)	(2.4B)	(2.3B)
Treasury Stock	(460M)	(1.0B)	(80M)	(39M)	(35.1M)	(36.9M)
Intangible Assets	2.2B	1.5B	97M	631M	857M	1.6B
Short Long Term Debt Total	3.0B	4.2B	2.8B	2.6B	3.4B	6.3B
Net Debt	1.9B	1.5B	1.2B	1.3B	2.3B	3.1B
Non Current Assets Total	1.9B	49.3B	1.5B	2.6B	156.1B	164.0B
Non Currrent Assets Other	(816M)	(840M)	(875M)	(909M)	149.7B	157.2B
Cash And Short Term Investments	3.1B	46.3B	2.9B	2.5B	937M	890.2M
Liabilities And Stockholders Equity	169.1B	180.3B	171.3B	147.7B	157.1B	154.7B

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When determining whether Voya Financial offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of Voya Financial's financial statements, including income statements, balance sheets, and cash flow statements, to assess its financial health. Key financial ratios are used to gauge profitability, efficiency, and growth potential of Voya Financial Stock. Outlined below are crucial reports that will aid in making a well-informed decision on Voya Financial Stock:

How To Invest In Voya

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Is Voya Stock a good investment?

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What is Voya Financial's Net Worth?

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Largest Diversified Financial Services Companies

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Largest Financial Conglomerates Companies

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Check out World Market Map to better understand how to build diversified portfolios, which includes a position in Voya Financial. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in manufacturing.

For information on how to trade Voya Stock refer to our How to Trade Voya Stock guide.

You can also try the ETFs module to find actively traded Exchange Traded Funds (ETF) from around the world.

Is Diversified Financial Services 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 Voya Financial. If investors know Voya 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 Voya Financial 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

(0.57)

Dividend Share

1.65

Earnings Share

6.31

Revenue Per Share

77.658

Quarterly Revenue Growth

0.073

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

Free Cash Flow vs Net Income

Free Cash Flow vs Net Income Correlation Analysis

Correlation Coefficient

Free Cash Flow

Net Income

Voya Financial fundamental ratios Correlations

Voya Financial Account Relationship Matchups

High Positive Relationship

High Negative Relationship

Voya Financial fundamental ratios Accounts

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COMMON DESTINATIONS

MAIN CATEGORIES

COMPANY

Total Liab	+ 1.0	Total Assets
Retained Earnings Total Equity	+ 1.0	Retained Earnings
Net Tangible Assets	+ 0.98	Total Stockholder Equity
Other Stockholder Equity	+ 0.95	Other Current Liab
Short Term Debt	+ 0.94	Long Term Debt
Other Liab	+ 0.92	Total Assets

Other Current Assets	- 0.99	Other Current Liab
Other Stockholder Equity	- 0.96	Retained Earnings Total Equity
Other Stockholder Equity	- 0.96	Retained Earnings
Other Stockholder Equity	- 0.95	Other Current Assets
Retained Earnings Total Equity	- 0.93	Other Current Liab
Retained Earnings	- 0.93	Other Current Liab