Westport Free Cash Flow vs Free Cash Flow Yield Analysis

WPRT Stock  USD 3.75  0.06  1.63%   
Westport Fuel financial indicator trend analysis is more than just analyzing Westport Fuel Systems current accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Westport Fuel Systems is a good investment. Please check the relationship between Westport Fuel Free Cash Flow and its Free Cash Flow Yield accounts. Check out Your Current Watchlist to better understand how to build diversified portfolios, which includes a position in Westport Fuel 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 metropolitan statistical area.

Free Cash Flow vs Free Cash Flow Yield

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 Westport Fuel Systems Free Cash Flow account and Free Cash Flow Yield. At this time, the significance of the direction appears to have weak relationship.
The correlation between Westport Fuel's Free Cash Flow and Free Cash Flow Yield is 0.3. Overlapping area represents the amount of variation of Free Cash Flow that can explain the historical movement of Free Cash Flow Yield in the same time period over historical financial statements of Westport Fuel Systems, assuming nothing else is changed. The correlation between historical values of Westport Fuel's 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 Free Cash Flow of Westport Fuel Systems 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 Free Cash Flow i.e., Westport Fuel's Free Cash Flow and Free Cash Flow Yield go up and down completely randomly.

Correlation Coefficient

0.3
Relationship DirectionPositive 
Relationship StrengthVery Weak

Free Cash Flow

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

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 Westport Fuel's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Westport Fuel 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 Your Current Watchlist to better understand how to build diversified portfolios, which includes a position in Westport Fuel 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 metropolitan statistical area.
At this time, Westport Fuel's Tax Provision is comparatively stable compared to the past year. Sales General And Administrative To Revenue is likely to gain to 0.21 in 2024, despite the fact that Discontinued Operations is likely to grow to (160.6 K).
 2021 2022 2023 2024 (projected)
Other Operating Expenses344.6M349.5M377.7M396.6M
Total Revenue312.4M305.7M331.8M348.4M

Westport Fuel fundamental ratios Correlations

0.70.710.890.58-0.55-0.320.430.860.910.150.820.550.160.580.250.710.980.670.370.580.640.490.480.480.28
0.70.80.360.470.12-0.440.550.350.770.240.280.590.510.90.290.890.630.690.390.550.420.45-0.060.360.57
0.710.80.330.710.01-0.720.80.320.610.50.250.80.20.730.420.960.710.650.620.760.490.69-0.090.070.7
0.890.360.330.35-0.790.040.080.970.79-0.070.960.260.040.210.030.30.880.520.090.310.530.280.750.55-0.07
0.580.470.710.350.02-0.850.80.30.420.760.260.930.010.480.070.670.620.310.640.870.560.52-0.15-0.190.26
-0.550.120.01-0.790.02-0.30.23-0.86-0.40.38-0.880.180.380.16-0.140.07-0.59-0.180.030.08-0.36-0.09-0.86-0.480.15
-0.32-0.44-0.720.04-0.85-0.3-0.870.05-0.23-0.720.1-0.810.07-0.58-0.39-0.71-0.34-0.1-0.73-0.78-0.35-0.430.460.27-0.46
0.430.550.80.080.80.23-0.870.060.30.810.020.870.090.580.40.770.460.350.490.920.340.42-0.35-0.150.66
0.860.350.320.970.3-0.860.050.060.75-0.160.990.19-0.090.240.150.310.870.510.110.250.560.320.790.60.03
0.910.770.610.790.42-0.4-0.230.30.75-0.020.720.380.340.650.320.670.810.680.280.390.380.360.450.690.31
0.150.240.5-0.070.760.38-0.720.81-0.16-0.02-0.180.840.030.18-0.090.410.210.180.250.830.150.33-0.45-0.510.24
0.820.280.250.960.26-0.880.10.020.990.72-0.180.14-0.110.160.140.240.820.50.040.20.50.30.840.630.01
0.550.590.80.260.930.18-0.810.870.190.380.840.140.210.520.030.740.60.430.560.940.520.57-0.28-0.240.37
0.160.510.20.040.010.380.070.09-0.090.340.03-0.110.210.33-0.190.260.060.310.040.14-0.08-0.15-0.20.240.16
0.580.90.730.210.480.16-0.580.580.240.650.180.160.520.330.450.890.520.380.570.540.470.32-0.240.280.57
0.250.290.420.030.07-0.14-0.390.40.150.32-0.090.140.03-0.190.450.460.20.140.340.15-0.020.180.080.480.72
0.710.890.960.30.670.07-0.710.770.310.670.410.240.740.260.890.460.680.590.640.720.510.59-0.150.160.69
0.980.630.710.880.62-0.59-0.340.460.870.810.210.820.60.060.520.20.680.620.40.640.720.520.460.350.25
0.670.690.650.520.31-0.18-0.10.350.510.680.180.50.430.310.380.140.590.62-0.060.350.190.690.410.450.52
0.370.390.620.090.640.03-0.730.490.110.280.250.040.560.040.570.340.640.4-0.060.470.540.32-0.3-0.130.3
0.580.550.760.310.870.08-0.780.920.250.390.830.20.940.140.540.150.720.640.350.470.530.41-0.26-0.180.39
0.640.420.490.530.56-0.36-0.350.340.560.380.150.50.52-0.080.47-0.020.510.720.190.540.530.310.09-0.060.02
0.490.450.690.280.52-0.09-0.430.420.320.360.330.30.57-0.150.320.180.590.520.690.320.410.310.180.020.4
0.48-0.06-0.090.75-0.15-0.860.46-0.350.790.45-0.450.84-0.28-0.2-0.240.08-0.150.460.41-0.3-0.260.090.180.65-0.12
0.480.360.070.55-0.19-0.480.27-0.150.60.69-0.510.63-0.240.240.280.480.160.350.45-0.13-0.18-0.060.020.650.29
0.280.570.7-0.070.260.15-0.460.660.030.310.240.010.370.160.570.720.690.250.520.30.390.020.4-0.120.29
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Westport Fuel Account Relationship Matchups

Westport Fuel fundamental ratios Accounts

201920202021202220232024 (projected)
Total Assets279.9M346.3M471.3M407.5M355.7M219.4M
Short Long Term Debt Total66.4M113.4M97.9M76.4M82.8M46.0M
Total Current Liabilities114.6M147.0M146.4M135.5M134.1M68.1M
Total Stockholder Equity89.4M104.1M236.4M204.0M159.6M106.9M
Property Plant And Equipment Net76.4M85.5M93.3M86.4M92.4M97.0M
Net Debt22.7M49.1M(27.0M)(9.8M)28.1M29.5M
Retained Earnings(998.3M)(1.0B)(992.0M)(1.0B)(1.1B)(1.0B)
Accounts Payable60.2M57.3M73.4M72.9M70.6M74.1M
Cash43.7M64.3M124.9M86.2M54.8M54.4M
Non Current Assets Total111.7M128.4M132.7M130.2M138.3M76.2M
Non Currrent Assets Other6.7M11.6M11.6M18.0M19.8M20.7M
Cash And Short Term Investments43.7M64.3M124.9M86.2M54.8M68.1M
Net Receivables67.0M90.5M101.4M101.6M88.1M92.5M
Common Stock Shares Outstanding13.4M13.7M16.2M17.1M17.2M10.0M
Liabilities And Stockholders Equity279.9M346.3M471.3M407.5M355.7M219.4M
Non Current Liabilities Total76.0M95.2M88.4M68.0M60.5M44.4M
Other Stockholder Equity26.3M23.0M16.9M11.5M10.7M10.2M
Total Liab190.6M242.2M234.9M203.5M195.3M112.5M
Total Current Assets168.2M217.9M338.6M277.2M216.8M143.2M
Short Term Debt18.0M44.2M28.4M24.2M32.6M16.3M
Other Current Liab33.7M33.6M36.5M29.5M24.4M17.4M
Inventory47.8M51.4M83.1M81.6M67.5M70.9M
Other Current Assets9.7M11.8M29.1M7.9M6.4M6.3M
Current Deferred Revenue2.7M8.0M3.5M4.4M2.4M2.3M
Intangible Assets13.1M11.8M9.3M7.8M6.8M12.0M
Other Liab27.5M26.0M19.0M15.7M18.1M16.9M
Net Tangible Assets73.2M88.9M224.0M193.2M222.2M233.3M
Other Assets(1K)13.8M23.3M28.5M711.0K675.4K
Long Term Debt34.3M43.9M44.0M32.2M31.0M26.3M
Good Will3.1M3.4M3.1M3.0M3.1M2.9M
Common Stock Total Equity1.1B1.1B1.1B1.1B1.3B1.3B
Long Term Investments10.6M14.0M3.8M4.6M5.4M8.0M
Short Long Term Debt13.0M38.9M23.7M20.8M29.3M30.7M
Accumulated Other Comprehensive Income(23.9M)(24.5M)(33.5M)(35.3M)(21.2M)(20.1M)
Common Stock1.1B1.1B1.2B1.2B1.2B683.6M
Property Plant Equipment76.4M85.5M93.3M86.4M99.3M104.3M
Property Plant And Equipment Gross76.4M85.5M93.3M86.4M192.7M202.3M

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Additional Tools for Westport Stock Analysis

When running Westport Fuel's price analysis, check to measure Westport Fuel'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 Westport Fuel is operating at the current time. Most of Westport Fuel's value examination focuses on studying past and present price action to predict the probability of Westport Fuel's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Westport Fuel's price. Additionally, you may evaluate how the addition of Westport Fuel to your portfolios can decrease your overall portfolio volatility.