Kandi Enterprise Value vs Free Cash Flow Analysis
KNDI Stock | USD 2.55 0.08 3.04% |
Kandi Technologies financial indicator trend analysis is infinitely more than just investigating Kandi Technologies recent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Kandi Technologies is a good investment. Please check the relationship between Kandi Technologies Enterprise Value and its Free Cash Flow accounts. Check out Correlation Analysis to better understand how to build diversified portfolios, which includes a position in Kandi Technologies Group. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in unemployment.
Enterprise Value vs Free Cash Flow
Enterprise Value vs Free Cash Flow Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Kandi Technologies Enterprise Value account and Free Cash Flow. At this time, the significance of the direction appears to have weak contrarian relationship.
The correlation between Kandi Technologies' Enterprise Value and Free Cash Flow is -0.09. Overlapping area represents the amount of variation of Enterprise Value that can explain the historical movement of Free Cash Flow in the same time period over historical financial statements of Kandi Technologies Group, assuming nothing else is changed. The correlation between historical values of Kandi Technologies' Enterprise Value 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 Enterprise Value of Kandi Technologies Group 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 Enterprise Value i.e., Kandi Technologies' Enterprise Value and Free Cash Flow go up and down completely randomly.
Correlation Coefficient | -0.09 |
Relationship Direction | Negative |
Relationship Strength | Insignificant |
Enterprise Value
Enterprise Value (or EV) is usually referred to as Kandi Technologies theoretical takeover price. In the event of an acquisition, an acquirer would have to take on Kandi Technologies debt, but would also pocket its cash. Enterprise Value is more accurate representation of Kandi Technologies value than its market capitalization because it takes into account all of Kandi Technologies Group existing debt. A measure of a company's total value, often used as a more comprehensive alternative to equity market capitalization that includes the market capitalization, plus total debt, minority interest and preferred shares, minus total cash and cash equivalents.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 Kandi Technologies' fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Kandi Technologies 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 Kandi Technologies Group. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in unemployment. As of now, Kandi Technologies' Enterprise Value Multiple is increasing as compared to previous years. The Kandi Technologies' current Enterprise Value is estimated to increase to about 290.3 M, while Tax Provision is forecasted to increase to (302.7 K).
2021 | 2022 | 2023 | 2024 (projected) | Gross Profit | 16.2M | 19.5M | 41.4M | 43.4M | Total Revenue | 91.5M | 117.8M | 123.6M | 104.4M |
Kandi Technologies fundamental ratios Correlations
Click cells to compare fundamentals
Kandi Technologies Account Relationship Matchups
High Positive Relationship
High Negative Relationship
Kandi Technologies fundamental ratios Accounts
2019 | 2020 | 2021 | 2022 | 2023 | 2024 (projected) | ||
Other Current Liab | 1.4M | 11.2M | 7.0M | 21.5M | 12.7M | 7.4M | |
Total Current Liabilities | 131.9M | 83.8M | 64.2M | 81.5M | 76.7M | 83.7M | |
Total Stockholder Equity | 217.9M | 403.8M | 443.2M | 397.0M | 404.1M | 424.3M | |
Retained Earnings | (16.7M) | (27.1M) | (4.2M) | (16.3M) | (16.3M) | (15.5M) | |
Common Stock Total Equity | 52.8K | 75.4K | 77.4K | 77.7K | 69.9K | 66.4K | |
Common Stock Shares Outstanding | 52.3M | 56.0M | 76.1M | 75.6M | 79.9M | 44.1M | |
Total Liab | 153.4M | 91.5M | 77.0M | 85.3M | 88.9M | 95.6M | |
Common Stock | 52.8K | 75.4K | 77.4K | 77.7K | 87.5K | 47.2K | |
Total Assets | 371.2M | 495.2M | 520.2M | 483.0M | 495.5M | 282.8M | |
Net Debt | 59.4M | (142.0M) | (117.9M) | (59.4M) | (52.1M) | (49.5M) | |
Cash | 5.5M | 142.1M | 129.2M | 84.1M | 93.6M | 98.3M | |
Cash And Short Term Investments | 5.5M | 142.1M | 184.3M | 165.3M | 127.6M | 134.0M | |
Liabilities And Stockholders Equity | 371.2M | 495.2M | 520.2M | 483.0M | 495.5M | 282.8M | |
Other Current Assets | 5.7M | 50.9M | 63.1M | 154.7M | 1.9M | 1.8M | |
Other Stockholder Equity | 257.2M | 439.5M | 447.1M | 441.6M | 457.3M | 480.2M | |
Total Current Assets | 195.6M | 307.1M | 342.6M | 329.3M | 343.5M | 360.7M | |
Short Long Term Debt Total | 64.9M | 92.4K | 11.4M | 24.7M | 41.5M | 48.9M | |
Net Receivables | 135.0M | 94.5M | 62.1M | 50.5M | 149.9M | 87.5M | |
Non Current Liabilities Total | 21.5M | 7.7M | 12.8M | 3.8M | 12.3M | 14.3M | |
Accumulated Other Comprehensive Income | (22.7M) | (8.8M) | 251.8K | (28.3M) | (37.0M) | (35.1M) | |
Property Plant And Equipment Net | 74.4M | 105.6M | 111.7M | 97.4M | 104.7M | 66.1M | |
Current Deferred Revenue | 7.9M | 38.2M | 11.3M | 2.1M | 2.4M | 2.3M | |
Accounts Payable | 72.1M | 34.3M | 36.7M | 35.3M | 28.7M | 47.2M | |
Non Current Assets Total | 175.6M | 188.1M | 177.6M | 153.7M | 151.9M | 141.2M | |
Non Currrent Assets Other | 6.0M | 4.1M | 11.0M | 10.6M | 6.9M | 8.6M | |
Other Assets | 6.7M | 89.8M | 2.6M | 1.8M | 2.0M | 1.9M | |
Short Term Investments | 47.2M | 0.0 | 55.0M | 81.2M | 33.9M | 31.9M | |
Inventory | 27.7M | 19.7M | 33.2M | 40.5M | 64.2M | 67.4M | |
Property Plant And Equipment Gross | 74.4M | 105.6M | 111.7M | 97.4M | 157.6M | 165.4M | |
Short Term Debt | 50.5M | 92.4K | 9.1M | 24.7M | 33.1M | 30.8M | |
Intangible Assets | 19.1M | 10.8M | 16.5M | 10.9M | 12.9M | 13.8M | |
Property Plant Equipment | 74.4M | 81.7M | 111.6M | 97.2M | 111.7M | 61.3M | |
Other Liab | 7.1M | 7.7M | 10.6M | 3.3M | 3.0M | 5.8M | |
Net Tangible Assets | 174.7M | 367.6M | 390.7M | 352.9M | 405.8M | 243.4M | |
Long Term Debt | 29.4M | 14.9M | 2.2M | 8.4M | 9.6M | 14.0M | |
Good Will | 28.3M | 29.7M | 36.0M | 33.2M | 33.1M | 34.8M | |
Retained Earnings Total Equity | (16.7M) | (27.1M) | (4.2M) | (16.3M) | (14.7M) | (14.0M) | |
Capital Surpluse | 259.7M | 439.5M | 449.5M | 451.4M | 519.1M | 282.7M | |
Deferred Long Term Liab | 1.4M | 3.7M | 2.5M | 1.4M | 1.2M | 2.4M | |
Long Term Investments | 128.9M | 47.2M | 28.9M | 157.3K | 145.0K | 0.0 |
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Try AI Portfolio ArchitectCheck out Correlation Analysis to better understand how to build diversified portfolios, which includes a position in Kandi Technologies Group. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in unemployment. Note that the Kandi Technologies information on this page should be used as a complementary analysis to other Kandi Technologies' statistical models used to find the right mix of equity instruments to add to your existing portfolios or create a brand new portfolio. You can also try the Headlines Timeline module to stay connected to all market stories and filter out noise. Drill down to analyze hype elasticity.
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Is Kandi Technologies' industry 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 Kandi Technologies. If investors know Kandi 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 Kandi Technologies 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 1.137 | Revenue Per Share 1.569 | Quarterly Revenue Growth (0.26) | Return On Assets (0.01) | Return On Equity 0.0042 |
The market value of Kandi Technologies is measured differently than its book value, which is the value of Kandi that is recorded on the company's balance sheet. Investors also form their own opinion of Kandi Technologies' value that differs from its market value or its book value, called intrinsic value, which is Kandi Technologies' 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 Kandi Technologies' market value can be influenced by many factors that don't directly affect Kandi Technologies' 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 Kandi Technologies' value and its price as these two are different measures arrived at by different means. Investors typically determine if Kandi Technologies is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Kandi Technologies' 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.