Nio Asset Turnover vs Free Cash Flow per Share Analysis

NIO Stock  USD 4.67  0.11  2.30%   
Nio financial indicator trend analysis is infinitely more than just investigating Nio Class A recent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Nio Class A is a good investment. Please check the relationship between Nio Asset Turnover and its Free Cash Flow Per Share accounts. Check out Correlation Analysis to better understand how to build diversified portfolios, which includes a position in Nio Class A. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in gross domestic product.

Asset Turnover vs Free Cash Flow Per Share

Asset Turnover vs Free Cash Flow per Share Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Nio Class A Asset Turnover account and Free Cash Flow per Share. At this time, the significance of the direction appears to have weak contrarian relationship.
The correlation between Nio's Asset Turnover and Free Cash Flow per Share is -0.1. Overlapping area represents the amount of variation of Asset Turnover that can explain the historical movement of Free Cash Flow per Share in the same time period over historical financial statements of Nio Class A, assuming nothing else is changed. The correlation between historical values of Nio's Asset Turnover and Free Cash Flow per Share is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Asset Turnover of Nio Class A are associated (or correlated) with its Free Cash Flow per Share. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Free Cash Flow per Share has no effect on the direction of Asset Turnover i.e., Nio's Asset Turnover and Free Cash Flow per Share go up and down completely randomly.

Correlation Coefficient

-0.1
Relationship DirectionNegative 
Relationship StrengthInsignificant

Asset Turnover

The ratio of net sales to average total assets, indicating how efficiently a company uses its assets to generate sales.

Free Cash Flow Per Share

The amount of cash a company generates after accounting for capital expenditures, divided by the number of outstanding shares. It represents the cash available for dividends, share buybacks, or debt repayment per share.
Most indicators from Nio's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Nio Class A 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 Nio Class A. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in gross domestic product.
At this time, Nio's Tax Provision is very stable compared to the past year. As of the 28th of March 2024, Selling General Administrative is likely to grow to about 9.6 B, while Issuance Of Capital Stock is likely to drop 0.00.

Nio fundamental ratios Correlations

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0.980.981.00.851.00.850.990.26-0.880.621.01.01.00.950.780.980.880.170.830.950.760.840.970.840.84
0.920.870.820.850.861.00.78-0.08-0.860.810.80.850.850.850.940.90.910.040.850.850.60.910.740.460.91
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0.920.860.820.851.00.860.78-0.08-0.860.810.80.840.840.850.940.90.910.040.850.850.60.910.730.450.91
0.950.971.00.990.780.990.780.29-0.870.581.00.980.980.940.710.970.860.140.760.940.760.80.990.90.8
0.130.270.270.26-0.080.24-0.080.29-0.09-0.540.30.320.320.23-0.130.090.040.120.350.230.040.010.290.440.0
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0.960.971.01.00.80.990.81.00.3-0.860.580.990.990.940.730.970.850.170.80.940.760.810.990.880.8
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0.960.990.960.950.850.960.850.940.23-0.940.670.940.960.950.820.960.940.10.831.00.780.890.880.810.89
0.880.820.760.780.940.80.940.71-0.13-0.850.860.730.780.790.820.840.850.150.830.820.760.940.650.40.94
0.990.980.980.980.90.990.90.970.09-0.90.750.970.970.970.960.840.910.170.80.960.780.880.940.790.88
0.920.920.890.880.910.890.910.860.04-0.980.760.850.880.870.940.850.91-0.190.770.940.670.940.790.650.95
0.160.140.120.170.040.170.040.140.120.150.050.170.170.170.10.150.17-0.190.190.10.33-0.030.180.2-0.04
0.870.860.80.830.850.840.850.760.35-0.760.480.80.870.870.830.830.80.770.190.820.620.790.720.490.78
0.960.990.960.950.850.960.850.940.23-0.950.670.940.960.951.00.820.960.940.10.820.780.890.880.810.89
0.780.770.760.760.60.760.60.760.04-0.750.690.760.750.750.780.760.780.670.330.620.780.760.720.690.75
0.890.880.840.840.910.850.910.80.01-0.950.810.810.840.840.890.940.880.94-0.030.790.890.760.740.561.0
0.920.930.980.970.740.970.730.990.29-0.80.540.990.960.960.880.650.940.790.180.720.880.720.740.90.74
0.740.820.870.840.460.830.450.90.44-0.690.330.880.830.830.810.40.790.650.20.490.810.690.560.90.56
0.890.880.830.840.910.850.910.80.0-0.960.820.80.840.840.890.940.880.95-0.040.780.890.751.00.740.56
Click cells to compare fundamentals

Nio Account Relationship Matchups

Nio fundamental ratios Accounts

201920202021202220232024 (projected)
Total Assets14.6B54.6B82.9B96.3B110.7B116.2B
Short Long Term Debt Total10.6B9.4B20.1B23.7B27.3B28.6B
Other Current Liab4.1B4.1B7.1B12.2B14.1B14.8B
Total Current Liabilities9.5B14.0B29.2B45.9B52.7B55.4B
Total Stockholder Equity(6.3B)27.2B34.7B23.9B27.4B28.8B
Other Liab1.1B1.8B3.6B5.4B6.2B6.5B
Net Tangible Assets(6.5B)27.0B34.5B23.7B27.2B28.6B
Property Plant And Equipment Net7.5B6.3B10.4B23.0B26.5B27.8B
Net Debt9.7B(29.0B)4.8B3.8B4.4B4.6B
Retained Earnings(46.3B)(51.6B)(55.6B)(69.9B)(62.9B)(59.8B)
Accounts Payable3.1B6.4B12.6B25.2B29.0B30.5B
Cash862.8M38.4B15.3B19.9B22.9B13.5B
Non Current Assets Total9.7B8.4B19.2B37.1B42.7B44.8B
Non Currrent Assets Other1.8B1.6B5.6B7.5B8.6B9.1B
Other Assets1.6B1.6B5.6B7.5B8.6B9.1B
Long Term Debt7.2B5.9B9.7B10.9B12.5B13.1B
Cash And Short Term Investments973.8M39.5B52.4B39.1B44.9B23.3B
Net Receivables1.4B4.1B4.3B6.5B7.5B7.8B
Common Stock Total Equity60K1.8M1.8M2.7M3.1M3.2M
Common Stock Shares Outstanding332.2M1.0B1.2B1.6B1.9B1.4B
Short Term Investments111M1.1B37.1B19.2B22.0B23.1B
Long Term Debt Total7.2B5.9B9.7B10.9B12.5B13.1B
Liabilities And Stockholders Equity14.6B54.6B82.9B96.3B110.7B116.2B
Non Current Liabilities Total11.4B13.5B15.6B22.8B26.2B14.5B
Capital Surpluse40.2B78.9B92.5B94.6B108.8B54.7B
Capital Lease Obligations2.3B1.6B3.1B7.5B8.7B9.1B
Inventory889.5M1.1B2.1B8.2B9.4B9.9B
Other Current Assets1.7B(44.6M)(42.0M)2.2B2.6B2.7B
Other Stockholder Equity40.2B78.9B90.6B92.7B106.7B54.1B
Total Liab20.9B27.5B44.8B68.6B78.9B82.9B
Long Term Investments115.3M300.1M3.1B6.4B7.3B7.7B
Property Plant And Equipment Gross7.5B6.3B10.4B23.0B26.5B27.8B
Short Long Term Debt1.2B1.9B7.3B5.3B6.1B6.4B
Total Current Assets4.9B46.2B63.6B59.1B68.0B71.4B
Accumulated Other Comprehensive Income(203.0M)(65.5M)(276.3M)1.0B1.2B1.3B
Non Current Liabilities Other61.8M1.8B3.5B5.1B5.9B6.2B
Cash And Equivalents862.8M38.4B15.3B19.9B22.9B13.5B
Short Term Debt1.8B2.5B8.0B6.3B7.2B7.6B
Intangible Assets210.3M204.6M199.1M212.6M244.5M165.7M

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When determining whether Nio Class A offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of Nio'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 Nio Class A Stock. Outlined below are crucial reports that will aid in making a well-informed decision on Nio Class A Stock:
Check out Correlation Analysis to better understand how to build diversified portfolios, which includes a position in Nio Class A. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in gross domestic product.
You can also try the Global Correlations module to find global opportunities by holding instruments from different markets.

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When running Nio's price analysis, check to measure Nio's market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy Nio is operating at the current time. Most of Nio's value examination focuses on studying past and present price action to predict the probability of Nio's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Nio's price. Additionally, you may evaluate how the addition of Nio to your portfolios can decrease your overall portfolio volatility.
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Is Nio's 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 Nio. If investors know Nio 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 Nio listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Earnings Share
(1.74)
Revenue Per Share
32.713
Quarterly Revenue Growth
0.065
Return On Assets
(0.13)
Return On Equity
(0.73)
The market value of Nio Class A is measured differently than its book value, which is the value of Nio that is recorded on the company's balance sheet. Investors also form their own opinion of Nio's value that differs from its market value or its book value, called intrinsic value, which is Nio'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 Nio's market value can be influenced by many factors that don't directly affect Nio'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 Nio's value and its price as these two are different measures arrived at by different means. Investors typically determine if Nio is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Nio'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.