Light Ev To Free Cash Flow vs Free Cash Flow Yield Analysis

LNW Stock  USD 95.04  2.04  2.10%   
Light Wonder financial indicator trend analysis is infinitely more than just investigating Light Wonder recent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Light Wonder is a good investment. Please check the relationship between Light Wonder Ev To Free Cash Flow and its Free Cash Flow Yield accounts. Check out Correlation Analysis to better understand how to build diversified portfolios, which includes a position in Light Wonder. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in board of governors.
For more information on how to buy Light Stock please use our How to Invest in Light Wonder guide.

Ev To Free Cash Flow vs Free Cash Flow Yield

Ev To Free Cash Flow vs Free Cash Flow Yield Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Light Wonder Ev To Free Cash Flow account and Free Cash Flow Yield. At this time, the significance of the direction appears to have almost no relationship.
The correlation between Light Wonder's Ev To Free Cash Flow and Free Cash Flow Yield is 0.11. Overlapping area represents the amount of variation of Ev To Free Cash Flow that can explain the historical movement of Free Cash Flow Yield in the same time period over historical financial statements of Light Wonder, assuming nothing else is changed. The correlation between historical values of Light Wonder's Ev To Free Cash Flow and Free Cash Flow Yield is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Ev To Free Cash Flow of Light Wonder are associated (or correlated) with its Free Cash Flow Yield. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Free Cash Flow Yield has no effect on the direction of Ev To Free Cash Flow i.e., Light Wonder's Ev To Free Cash Flow and Free Cash Flow Yield go up and down completely randomly.

Correlation Coefficient

0.11
Relationship DirectionPositive 
Relationship StrengthInsignificant

Ev To Free Cash Flow

A valuation metric comparing the company's enterprise value to its free cash flow, used to evaluate whether a company is undervalued or overvalued.

Free Cash Flow Yield

A financial solvency ratio that compares the free cash flow per share a company is expected to earn against its market value per share, calculated as free cash flow per share divided by market price per share.
Most indicators from Light Wonder's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Light Wonder 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 Light Wonder. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in board of governors.
For more information on how to buy Light Stock please use our How to Invest in Light Wonder guide.At this time, Light Wonder's Tax Provision is fairly stable compared to the past year. Discontinued Operations is likely to climb to about 4.7 B in 2024, whereas Enterprise Value Over EBITDA is likely to drop 10.14 in 2024.
 2021 2022 2023 2024 (projected)
Interest Expense478M327M324M177.0M
Depreciation And Amortization398M420M384M212.9M

Light Wonder fundamental ratios Correlations

0.950.80.82-0.610.630.94-0.640.370.990.280.370.810.610.960.820.230.620.960.80.820.90.60.470.590.53
0.950.80.82-0.830.551.0-0.830.340.940.30.340.770.521.00.770.240.651.00.770.790.880.580.370.50.69
0.80.80.96-0.570.260.77-0.620.610.750.580.610.610.590.80.560.430.710.810.880.940.570.710.550.560.35
0.820.820.96-0.540.310.8-0.570.570.780.420.570.780.640.820.70.330.680.830.920.950.620.870.650.670.4
-0.61-0.83-0.57-0.54-0.27-0.830.98-0.18-0.6-0.3-0.18-0.45-0.24-0.81-0.42-0.23-0.56-0.81-0.48-0.46-0.6-0.3-0.03-0.18-0.79
0.630.550.260.31-0.270.59-0.28-0.190.69-0.11-0.190.660.440.570.730.20.230.560.270.40.760.250.430.470.3
0.941.00.770.8-0.830.59-0.830.260.940.290.260.780.51.00.780.210.620.990.720.770.90.580.360.480.68
-0.64-0.83-0.62-0.570.98-0.28-0.83-0.25-0.61-0.39-0.25-0.42-0.34-0.82-0.39-0.35-0.69-0.82-0.53-0.49-0.56-0.28-0.09-0.22-0.78
0.370.340.610.57-0.18-0.190.26-0.250.250.191.00.190.380.330.210.30.530.350.80.510.080.340.310.330.32
0.990.940.750.78-0.60.690.94-0.610.250.260.250.810.570.950.830.170.550.950.720.790.930.580.450.570.5
0.280.30.580.42-0.3-0.110.29-0.390.190.260.19-0.050.250.3-0.20.490.550.310.270.370.00.150.090.08-0.14
0.370.340.610.57-0.18-0.190.26-0.251.00.250.190.190.380.330.210.30.530.350.80.510.080.340.310.330.32
0.810.770.610.78-0.450.660.78-0.420.190.81-0.050.190.540.780.940.060.390.780.690.720.820.830.620.680.45
0.610.520.590.64-0.240.440.5-0.340.380.570.250.380.540.520.50.370.720.540.610.650.360.540.870.930.15
0.961.00.80.82-0.810.571.0-0.820.330.950.30.330.780.520.780.230.641.00.770.790.890.580.370.50.68
0.820.770.560.7-0.420.730.78-0.390.210.83-0.20.210.940.50.78-0.070.320.780.670.720.890.70.580.630.49
0.230.240.430.33-0.230.20.21-0.350.30.170.490.30.060.370.23-0.070.570.250.360.29-0.030.120.250.240.22
0.620.650.710.68-0.560.230.62-0.690.530.550.550.530.390.720.640.320.570.650.70.640.320.40.490.50.47
0.961.00.810.83-0.810.560.99-0.820.350.950.310.350.780.541.00.780.250.650.780.80.880.590.380.510.67
0.80.770.880.92-0.480.270.72-0.530.80.720.270.80.690.610.770.670.360.70.780.860.570.720.570.610.52
0.820.790.940.95-0.460.40.77-0.490.510.790.370.510.720.650.790.720.290.640.80.860.650.790.690.670.32
0.90.880.570.62-0.60.760.9-0.560.080.930.00.080.820.360.890.89-0.030.320.880.570.650.490.30.410.54
0.60.580.710.87-0.30.250.58-0.280.340.580.150.340.830.540.580.70.120.40.590.720.790.490.720.710.22
0.470.370.550.65-0.030.430.36-0.090.310.450.090.310.620.870.370.580.250.490.380.570.690.30.720.94-0.02
0.590.50.560.67-0.180.470.48-0.220.330.570.080.330.680.930.50.630.240.50.510.610.670.410.710.940.12
0.530.690.350.4-0.790.30.68-0.780.320.5-0.140.320.450.150.680.490.220.470.670.520.320.540.22-0.020.12
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Light Wonder Account Relationship Matchups

Light Wonder fundamental ratios Accounts

201920202021202220232024 (projected)
Total Assets7.8B8.0B7.9B6.0B5.6B2.9B
Short Long Term Debt Total8.8B9.4B8.7B3.9B3.9B2.6B
Other Current Liab366M561M675M331M360M378M
Total Current Liabilities766M833M974M622M696M730.8M
Total Stockholder Equity(2.1B)(2.5B)(2.1B)1.2B765M803.3M
Property Plant And Equipment Net605M509M264M253M288M333.0M
Net Debt8.5B8.4B8.1B3.0B3.5B2.5B
Retained Earnings(3.0B)(3.5B)(3.2B)517M680M714M
Cash313M1.0B585M914M425M446.3M
Non Current Assets Total6.2B5.8B6.2B4.3B4.2B2.3B
Non Currrent Assets Other209M194M1.6B37M40M38M
Cash And Short Term Investments313M1.0B585M914M425M446.3M
Net Receivables755M438M423M455M530M556.5M
Common Stock Shares Outstanding89M91M93M95M98M67.3M
Liabilities And Stockholders Equity7.8B8.0B7.9B6.0B5.6B2.9B
Non Current Liabilities Total9.2B9.7B9.0B4.2B4.1B2.8B
Inventory244M191M98M161M177M185.9M
Other Current Assets303M696M626M164M179M135.8M
Other Stockholder Equity1.1B1.1B1.2B790M367M433.8M
Total Liab9.9B10.5B10.0B4.8B4.8B3.1B
Total Current Assets1.6B2.2B1.7B1.7B1.3B1.4B
Intangible Assets1.8B1.5B1.1B942M763M612.2M
Accounts Payable226M150M204M154M241M253.1M
Accumulated Other Comprehensive Income(292M)(218M)(261M)(318M)(283M)(268.9M)
Current Deferred Revenue129M151M31M32M25M23.8M
Good Will3.3B3.3B2.9B2.9B2.9B1.9B
Other Liab367M352M326M319M287.1M289.0M
Net Tangible Assets(7.3B)(6.6B)(6.2B)(2.1B)(2.4B)(2.5B)
Other Assets221M1.5B1.9B171M196.7M186.8M
Long Term Debt8.7B9.3B8.6B3.9B3.9B5.8B
Net Invested Capital6.5B6.7B6.4B4.9B4.6B4.8B
Non Current Liabilities Other292M260M170M269M180M200.7M
Net Working Capital849M1.3B758M1.1B615M964.9M
Property Plant Equipment605M294M264M204M183.6M306.2M

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