SunLink Free Cash Flow vs Capital Expenditures Analysis

SSY Stock

USD 0.86 0.11 14.67%

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

Free Cash Flow vs Capital Expenditures

Free Cash Flow vs Capital Expenditures Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of SunLink Health Systems Free Cash Flow account and Capital Expenditures. At this time, the significance of the direction appears to have significant contrarian relationship.

The correlation between SunLink Health's Free Cash Flow and Capital Expenditures is -0.43. Overlapping area represents the amount of variation of Free Cash Flow that can explain the historical movement of Capital Expenditures in the same time period over historical financial statements of SunLink Health Systems, assuming nothing else is changed. The correlation between historical values of SunLink Health's Free Cash Flow and Capital Expenditures 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 SunLink Health Systems are associated (or correlated) with its Capital Expenditures. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Capital Expenditures has no effect on the direction of Free Cash Flow i.e., SunLink Health's Free Cash Flow and Capital Expenditures go up and down completely randomly.

Correlation Coefficient

-0.43

Relationship Direction	Negative
Relationship Strength	Very Weak

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Free Cash Flow

The amount of cash a company generates after accounting for cash outflows to support operations and maintain its capital assets.

Capital Expenditures

Capital Expenditures are funds used by SunLink Health Systems to acquire physical assets such as property, industrial buildings or equipment. This type of outlay is used by management to increase the scope of SunLink Health operations. These expenditures can include everything from repairing an office equipment, building a brand new facility, or writing new software.

Most indicators from SunLink Health's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into SunLink Health Systems 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 SunLink Health Systems. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in state.

Selling General Administrative is likely to drop to about 10.4 M in 2024. Discontinued Operations is likely to rise to about (119.7 K) in 2024

	2021	2022	2023	2024 (projected)
Interest Expense	15K	1K	900.0	855.0
Depreciation And Amortization	1.5M	1.8M	2.0M	2.5M

Interest Expense Depreciation And Amortization

SunLink Health fundamental ratios Correlations

	Total Assets	Short Long Term Debt Total	Other Current Liab	Total Current Liabilities	Total Stockholder Equity	Property Plant And Equipment Net	Net Debt	Retained Earnings	Cash	Non Current Assets Total	Non Currrent Assets Other	Cash And Short Term Investments	Net Receivables	Common Stock Shares Outstanding	Non Current Liabilities Total	Inventory	Other Current Assets	Other Stockholder Equity	Total Liab	Total Current Assets	Short Term Debt	Accounts Payable	Intangible Assets	Property Plant And Equipment Gross	Other Liab	Other Assets
Total Assets		0.94	0.39	0.83	0.62	0.77	0.86	0.79	-0.61	0.8	0.47	-0.6	0.66	0.47	0.86	0.32	0.63	0.27	0.91	0.67	0.7	0.84	0.73	0.67	0.85	0.65
Short Long Term Debt Total	0.94		0.37	0.87	0.42	0.61	0.69	0.6	-0.58	0.65	0.42	-0.55	0.44	0.44	0.66	0.23	0.52	0.28	0.94	0.57	0.76	0.91	0.65	0.67	0.82	0.51
Other Current Liab	0.39	0.37		0.65	-0.25	-0.14	0.27	0.26	-0.47	-0.13	-0.03	-0.45	0.73	-0.54	0.35	0.96	-0.27	-0.76	0.62	0.88	0.01	0.63	-0.32	0.04	0.12	-0.1
Total Current Liabilities	0.83	0.87	0.65		0.12	0.36	0.65	0.4	-0.6	0.44	0.53	-0.57	0.61	0.1	0.59	0.55	0.37	-0.1	0.97	0.77	0.7	0.89	0.35	0.43	0.69	0.34
Total Stockholder Equity	0.62	0.42	-0.25	0.12		0.93	0.71	0.85	-0.19	0.89	0.25	-0.22	0.39	0.77	0.72	-0.2	0.71	0.66	0.24	0.16	0.42	0.16	0.85	0.51	0.57	0.69
Property Plant And Equipment Net	0.77	0.61	-0.14	0.36	0.93		0.86	0.82	-0.4	0.98	0.42	-0.43	0.45	0.76	0.83	-0.12	0.84	0.63	0.47	0.25	0.58	0.34	0.91	0.64	0.76	0.74
Net Debt	0.86	0.69	0.27	0.65	0.71	0.86		0.76	-0.69	0.89	0.63	-0.72	0.74	0.5	0.94	0.33	0.76	0.25	0.69	0.57	0.59	0.56	0.75	0.52	0.81	0.74
Retained Earnings	0.79	0.6	0.26	0.4	0.85	0.82	0.76		-0.43	0.76	0.1	-0.44	0.72	0.44	0.84	0.26	0.49	0.25	0.53	0.57	0.35	0.5	0.65	0.6	0.58	0.57
Cash	-0.61	-0.58	-0.47	-0.6	-0.19	-0.4	-0.69	-0.43		-0.45	-0.44	1.0	-0.51	-0.09	-0.58	-0.48	-0.37	0.13	-0.66	-0.42	-0.29	-0.69	-0.34	-0.58	-0.6	-0.43
Non Current Assets Total	0.8	0.65	-0.13	0.44	0.89	0.98	0.89	0.76	-0.45		0.59	-0.48	0.44	0.78	0.84	-0.1	0.88	0.64	0.52	0.25	0.64	0.39	0.95	0.6	0.8	0.83
Non Currrent Assets Other	0.47	0.42	-0.03	0.53	0.25	0.42	0.63	0.1	-0.44	0.59		-0.45	0.22	0.44	0.46	0.03	0.65	0.33	0.45	0.15	0.59	0.3	0.56	0.15	0.55	0.69
Cash And Short Term Investments	-0.6	-0.55	-0.45	-0.57	-0.22	-0.43	-0.72	-0.44	1.0	-0.48	-0.45		-0.54	-0.1	-0.61	-0.48	-0.4	0.13	-0.63	-0.42	-0.28	-0.65	-0.35	-0.56	-0.6	-0.45
Net Receivables	0.66	0.44	0.73	0.61	0.39	0.45	0.74	0.72	-0.51	0.44	0.22	-0.54		-0.07	0.79	0.8	0.2	-0.35	0.61	0.91	0.23	0.52	0.2	0.2	0.42	0.33
Common Stock Shares Outstanding	0.47	0.44	-0.54	0.1	0.77	0.76	0.5	0.44	-0.09	0.78	0.44	-0.1	-0.07		0.41	-0.53	0.72	0.93	0.18	-0.19	0.61	0.11	0.9	0.39	0.59	0.7
Non Current Liabilities Total	0.86	0.66	0.35	0.59	0.72	0.83	0.94	0.84	-0.58	0.84	0.46	-0.61	0.79	0.41		0.39	0.64	0.17	0.68	0.65	0.4	0.57	0.68	0.48	0.74	0.75
Inventory	0.32	0.23	0.96	0.55	-0.2	-0.12	0.33	0.26	-0.48	-0.1	0.03	-0.48	0.8	-0.53	0.39		-0.25	-0.78	0.5	0.86	-0.08	0.5	-0.32	-0.05	0.07	-0.05
Other Current Assets	0.63	0.52	-0.27	0.37	0.71	0.84	0.76	0.49	-0.37	0.88	0.65	-0.4	0.2	0.72	0.64	-0.25		0.66	0.4	0.06	0.66	0.27	0.84	0.56	0.8	0.7
Other Stockholder Equity	0.27	0.28	-0.76	-0.1	0.66	0.63	0.25	0.25	0.13	0.64	0.33	0.13	-0.35	0.93	0.17	-0.78	0.66		-0.02	-0.45	0.51	-0.08	0.81	0.37	0.42	0.53
Total Liab	0.91	0.94	0.62	0.97	0.24	0.47	0.69	0.53	-0.66	0.52	0.45	-0.63	0.61	0.18	0.68	0.5	0.4	-0.02		0.75	0.65	0.95	0.45	0.56	0.75	0.44
Total Current Assets	0.67	0.57	0.88	0.77	0.16	0.25	0.57	0.57	-0.42	0.25	0.15	-0.42	0.91	-0.19	0.65	0.86	0.06	-0.45	0.75		0.29	0.69	0.06	0.17	0.4	0.18
Short Term Debt	0.7	0.76	0.01	0.7	0.42	0.58	0.59	0.35	-0.29	0.64	0.59	-0.28	0.23	0.61	0.4	-0.08	0.66	0.51	0.65	0.29		0.53	0.68	0.4	0.75	0.38
Accounts Payable	0.84	0.91	0.63	0.89	0.16	0.34	0.56	0.5	-0.69	0.39	0.3	-0.65	0.52	0.11	0.57	0.5	0.27	-0.08	0.95	0.69	0.53		0.36	0.61	0.7	0.36
Intangible Assets	0.73	0.65	-0.32	0.35	0.85	0.91	0.75	0.65	-0.34	0.95	0.56	-0.35	0.2	0.9	0.68	-0.32	0.84	0.81	0.45	0.06	0.68	0.36		0.58	0.76	0.81
Property Plant And Equipment Gross	0.67	0.67	0.04	0.43	0.51	0.64	0.52	0.6	-0.58	0.6	0.15	-0.56	0.2	0.39	0.48	-0.05	0.56	0.37	0.56	0.17	0.4	0.61	0.58		0.61	0.37
Other Liab	0.85	0.82	0.12	0.69	0.57	0.76	0.81	0.58	-0.6	0.8	0.55	-0.6	0.42	0.59	0.74	0.07	0.8	0.42	0.75	0.4	0.75	0.7	0.76	0.61		0.65
Other Assets	0.65	0.51	-0.1	0.34	0.69	0.74	0.74	0.57	-0.43	0.83	0.69	-0.45	0.33	0.7	0.75	-0.05	0.7	0.53	0.44	0.18	0.38	0.36	0.81	0.37	0.65

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SunLink Health Account Relationship Matchups

SunLink Health fundamental ratios Accounts

	2019	2020	2021	2022	2023	2024 (projected)
Total Assets	28.0M	31.6M	27.9M	23.3M	20.6M	56.5M
Short Long Term Debt Total	4.3M	4.3M	1.3M	1.1M	528K	23.7M
Other Current Liab	4.2M	5.7M	2.8M	3.4M	2.0M	12.7M
Total Current Liabilities	11.4M	9.7M	7.7M	4.9M	4.2M	28.2M
Total Stockholder Equity	13.7M	20.8M	19.1M	17.4M	16.0M	9.6M
Property Plant And Equipment Net	6.3M	7.8M	9.4M	9.3M	3.3M	3.2M
Net Debt	(6.9M)	(5.6M)	(5.5M)	(3.4M)	(6.6M)	(6.3M)
Retained Earnings	(82K)	6.8M	4.8M	3.0M	1.5M	3.5M
Cash	11.2M	10.0M	6.8M	4.5M	7.2M	3.3M
Non Current Assets Total	8.0M	9.6M	11.1M	11.0M	4.9M	4.7M
Non Currrent Assets Other	500K	591K	523K	489K	443K	420.9K
Cash And Short Term Investments	11.2M	10.0M	6.8M	4.5M	7.2M	4.2M
Net Receivables	4.3M	7.8M	6.4M	2.6M	3.4M	3.2M
Common Stock Shares Outstanding	7.0M	7.0M	6.9M	7.0M	7.0M	7.2M
Liabilities And Stockholders Equity	28.0M	31.6M	27.9M	23.3M	20.6M	19.6M
Non Current Liabilities Total	2.8M	1.1M	1.1M	983K	426K	404.7K
Inventory	1.9M	1.9M	1.7M	1.8M	1.6M	4.7M
Other Current Assets	2.6M	2.3M	1.9M	5.2M	3.6M	1.7M
Other Stockholder Equity	10.7M	10.7M	10.7M	10.7M	10.7M	10.5M
Total Liab	14.2M	10.8M	8.8M	5.9M	4.6M	46.9M
Total Current Assets	19.9M	21.9M	16.8M	12.3M	15.7M	24.9M
Short Term Debt	1.8M	3.4M	392K	409K	331K	6.3M
Accounts Payable	872K	1.1M	1.3M	888K	1.9M	9.2M
Intangible Assets	1.4M	1.3M	1.2M	1.2M	1.2M	1.5M
Property Plant And Equipment Gross	6.3M	7.8M	25.1M	25.2M	13.2M	30.2M
Accumulated Other Comprehensive Income	(339K)	(162K)	106K	150K	227K	(6.0M)
Other Liab	248K	162K	261K	309K	1.3M	2.0M
Other Assets	500K	591K	523K	489K	241K	229.0K
Long Term Debt	1.9M	52K	14K	17.3M	15.6M	10.0M
Common Stock Total Equity	3.7M	3.5M	3.5M	3.5M	2.9M	4.0M
Common Stock	3.5M	3.5M	3.5M	3.5M	3.5M	3.5M
Property Plant Equipment	6.3M	7.8M	9.4M	9.3M	30.2M	20.4M
Net Tangible Assets	12.5M	19.6M	17.9M	16.2M	14.6M	17.8M
Capital Surpluse	10.7M	10.7M	10.7M	10.7M	9.7M	9.8M
Non Current Liabilities Other	248K	162K	192K	240K	229K	217.6K
Short Long Term Debt	2.8M	1.4M	3.0M	40K	36K	34.2K

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SunLink Free Cash Flow vs Capital Expenditures Analysis

Free Cash Flow vs Capital Expenditures

Free Cash Flow vs Capital Expenditures Correlation Analysis

Correlation Coefficient

Free Cash Flow

Capital Expenditures

SunLink Health fundamental ratios Correlations

SunLink Health Account Relationship Matchups

High Positive Relationship

High Negative Relationship

SunLink Health fundamental ratios Accounts

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Additional Tools for SunLink Stock Analysis

COMMON DESTINATIONS

MAIN CATEGORIES

COMPANY

Cash And Short Term Investments	+ 1.0	Cash
Non Current Assets Total	+ 0.98	Property Plant And Equipment Net
Total Liab	+ 0.97	Total Current Liabilities
Inventory	+ 0.96	Other Current Liab
Intangible Assets	+ 0.95	Non Current Assets Total
Accounts Payable	+ 0.95	Total Liab

Other Stockholder Equity	- 0.78	Inventory
Other Stockholder Equity	- 0.76	Other Current Liab
Cash And Short Term Investments	- 0.72	Net Debt
Accounts Payable	- 0.69	Cash
Cash	- 0.69	Net Debt
Total Liab	- 0.66	Cash