Wynn Free Cash Flow Yield vs Free Cash Flow Per Share Analysis

WYNN Stock  USD 88.95  0.64  0.72%   
Wynn Resorts financial indicator trend analysis is more than just analyzing Wynn Resorts Limited current accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Wynn Resorts Limited is a good investment. Please check the relationship between Wynn Resorts Free Cash Flow Yield and its Free Cash Flow Per Share accounts. Check out Your Current Watchlist to better understand how to build diversified portfolios, which includes a position in Wynn Resorts Limited. 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.

Free Cash Flow Yield vs Free Cash Flow Per Share

Free Cash Flow Yield 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 Wynn Resorts Limited Free Cash Flow Yield account and Free Cash Flow Per Share. At this time, the significance of the direction appears to have almost identical trend.
The correlation between Wynn Resorts' Free Cash Flow Yield and Free Cash Flow Per Share is 0.91. Overlapping area represents the amount of variation of Free Cash Flow Yield that can explain the historical movement of Free Cash Flow Per Share in the same time period over historical financial statements of Wynn Resorts Limited, assuming nothing else is changed. The correlation between historical values of Wynn Resorts' Free Cash Flow Yield 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 Free Cash Flow Yield of Wynn Resorts Limited 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 Free Cash Flow Yield i.e., Wynn Resorts' Free Cash Flow Yield and Free Cash Flow Per Share go up and down completely randomly.

Correlation Coefficient

0.91
Relationship DirectionPositive 
Relationship StrengthVery Strong

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.

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 Wynn Resorts' fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Wynn Resorts Limited 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 Wynn Resorts Limited. 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.
At this time, Wynn Resorts' Selling General Administrative is very stable compared to the past year. As of the 20th of December 2024, Tax Provision is likely to grow to about 9.1 M, while Issuance Of Capital Stock is likely to drop 0.00.
 2021 2022 2023 2024 (projected)
Gross Profit1.2B1.3B2.8B3.0B
Total Revenue3.8B3.8B6.5B3.7B

Wynn Resorts fundamental ratios Correlations

0.440.88-0.010.820.610.890.540.950.870.680.750.780.970.890.990.040.570.940.98-0.250.980.40.720.670.94
0.440.53-0.020.640.160.35-0.070.330.420.490.330.460.410.450.440.690.780.390.41-0.470.440.320.530.690.4
0.880.530.210.60.630.790.520.720.820.760.750.720.80.850.850.130.460.730.82-0.10.830.420.860.780.73
-0.01-0.020.21-0.340.25-0.330.5-0.26-0.360.080.07-0.07-0.24-0.310.04-0.28-0.11-0.320.070.660.09-0.450.250.02-0.31
0.820.640.6-0.340.320.770.160.850.770.550.550.690.860.770.810.390.830.890.82-0.610.820.380.480.640.89
0.610.160.630.250.320.490.590.480.50.550.780.340.480.540.570.050.250.410.570.370.590.550.70.330.43
0.890.350.79-0.330.770.490.390.910.970.620.650.780.940.970.830.020.410.920.82-0.420.810.560.550.590.92
0.54-0.070.520.50.160.590.390.440.270.220.380.350.410.30.52-0.55-0.020.340.590.460.59-0.010.410.010.36
0.950.330.72-0.260.850.480.910.440.890.560.660.750.980.890.94-0.010.520.980.93-0.380.920.410.540.560.99
0.870.420.82-0.360.770.50.970.270.890.630.670.760.931.00.820.180.470.910.78-0.440.780.640.610.660.91
0.680.490.760.080.550.550.620.220.560.630.850.430.610.660.660.20.390.560.66-0.240.650.440.770.880.56
0.750.330.750.070.550.780.650.380.660.670.850.380.670.710.730.150.310.620.730.010.730.610.820.660.63
0.780.460.72-0.070.690.340.780.350.750.760.430.380.760.770.750.110.510.740.75-0.280.750.120.380.470.75
0.970.410.8-0.240.860.480.940.410.980.930.610.670.760.940.950.060.560.990.93-0.420.930.470.620.650.99
0.890.450.85-0.310.770.540.970.30.891.00.660.710.770.940.850.20.490.910.8-0.40.80.640.670.690.91
0.990.440.850.040.810.570.830.520.940.820.660.730.750.950.850.040.60.930.98-0.240.990.340.710.690.93
0.040.690.13-0.280.390.050.02-0.55-0.010.180.20.150.110.060.20.040.680.08-0.02-0.370.020.360.270.420.07
0.570.780.46-0.110.830.250.41-0.020.520.470.390.310.510.560.490.60.680.590.57-0.510.610.220.440.610.58
0.940.390.73-0.320.890.410.920.340.980.910.560.620.740.990.910.930.080.590.91-0.490.90.450.550.621.0
0.980.410.820.070.820.570.820.590.930.780.660.730.750.930.80.98-0.020.570.91-0.211.00.270.670.630.91
-0.25-0.47-0.10.66-0.610.37-0.420.46-0.38-0.44-0.240.01-0.28-0.42-0.4-0.24-0.37-0.51-0.49-0.21-0.2-0.220.05-0.49-0.47
0.980.440.830.090.820.590.810.590.920.780.650.730.750.930.80.990.020.610.91.0-0.20.290.690.640.91
0.40.320.42-0.450.380.550.56-0.010.410.640.440.610.120.470.640.340.360.220.450.27-0.220.290.520.410.46
0.720.530.860.250.480.70.550.410.540.610.770.820.380.620.670.710.270.440.550.670.050.690.520.750.55
0.670.690.780.020.640.330.590.010.560.660.880.660.470.650.690.690.420.610.620.63-0.490.640.410.750.61
0.940.40.73-0.310.890.430.920.360.990.910.560.630.750.990.910.930.070.581.00.91-0.470.910.460.550.61
Click cells to compare fundamentals

Wynn Resorts Account Relationship Matchups

Wynn Resorts fundamental ratios Accounts

201920202021202220232024 (projected)
Total Assets13.9B13.9B12.5B13.4B14.0B8.8B
Other Current Liab572.3M422.8M557.8M515.3M1.1B1.1B
Total Current Liabilities2.0B1.9B1.3B1.8B2.2B1.1B
Total Stockholder Equity1.7B(352.0M)(214.4M)(750.8M)(251.4M)(238.8M)
Net Debt8.2B9.7B9.5B10.1B10.5B11.1B
Accounts Payable262.4M148.5M170.5M197.5M208.3M187.0M
Cash2.4B3.5B2.5B3.7B2.9B1.8B
Other Assets791.8M581.6M210.7M391.0M1.00.95
Long Term Debt10.1B12.5B11.9B11.6B11.0B6.4B
Cash And Short Term Investments2.4B3.5B2.5B3.7B3.7B1.9B
Common Stock Shares Outstanding107.0M106.7M113.8M113.6M112.9M109.0M
Liabilities And Stockholders Equity13.9B13.9B12.5B13.4B14.0B8.8B
Inventory88.5M66.3M70.0M70.1M75.6M66.5M
Other Current Assets69.5M129.3M84.0M93.0M100.0M72.3M
Total Liab12.3B14.6B13.4B15.1B15.1B7.8B
Total Current Assets2.9B3.8B2.9B4.0B4.2B2.3B
Property Plant Equipment9.6B9.2B9.1B8.7B10.1B5.7B
Intangible Assets146.4M134.1M177.8M154.7M311.2M326.8M
Short Long Term Debt Total10.6B13.2B12.0B13.7B13.4B7.4B
Property Plant And Equipment Net10.1B9.6B9.1B8.7B8.5B6.4B
Retained Earnings641.8M(1.5B)(2.3B)(2.7B)(2.1B)(2.0B)
Non Current Assets Total11.0B10.1B9.7B9.4B9.8B7.0B
Non Currrent Assets Other223.1M183.0M210.7M391.0M402.6M263.9M
Net Receivables346.4M200.2M199.5M216.0M341.7M202.1M
Common Stock Total Equity1.2M1.2M1.2M1.3M1.5M1.3M
Non Current Liabilities Total10.3B12.7B12.1B13.2B12.9B7.3B
Other Stockholder Equity1.1B1.2B2.1B2.0B1.8B1.0B
Property Plant And Equipment Gross10.1B9.2B14.9B14.8B15.1B15.9B
Accumulated Other Comprehensive Income(1.7M)3.6M6.0M(404K)3.4M3.6M
Short Term Debt323.9M596.4M50M547.5M709.6M745.1M
Common Stock1.2M1.2M1.3M1.3M1.3M1.3M
Other Liab86.2M67.6M33.8M30.2M34.7M33.0M
Current Deferred Revenue824.3M646.9M436.4M506.1M56.1M53.3M
Treasury Stock(1.3B)(1.4B)(1.4B)(1.4B)(1.3B)(1.4B)
Net Tangible Assets1.6B(630.2M)(339.4M)(996.1M)(896.5M)(851.7M)
Noncontrolling Interest In Consolidated Entity(219.3M)(201.6M)(385.3M)(621.8M)(559.6M)(531.6M)
Retained Earnings Total Equity921.8M641.8M(1.5B)(2.3B)(2.1B)(2.0B)

Pair Trading with Wynn Resorts

One of the main advantages of trading using pair correlations is that every trade hedges away some risk. Because there are two separate transactions required, even if Wynn Resorts position performs unexpectedly, the other equity can make up some of the losses. Pair trading also minimizes risk from directional movements in the market. For example, if an entire industry or sector drops because of unexpected headlines, the short position in Wynn Resorts will appreciate offsetting losses from the drop in the long position's value.

Moving together with Wynn Stock

  0.72EM Smart Share GlobalPairCorr

Moving against Wynn Stock

  0.56DRI Darden RestaurantsPairCorr
  0.49CSV Carriage ServicesPairCorr
  0.34WH Wyndham Hotels ResortsPairCorr
  0.33DKNG DraftKingsPairCorr
  0.32BYD Boyd GamingPairCorr
The ability to find closely correlated positions to Wynn Resorts could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Wynn Resorts when you sell it. If you don't do this, your portfolio allocation will be skewed against your target asset allocation. So, investors can't just sell and buy back Wynn Resorts - that would be a violation of the tax code under the "wash sale" rule, and this is why you need to find a similar enough asset and use the proceeds from selling Wynn Resorts Limited to buy it.
The correlation of Wynn Resorts is a statistical measure of how it moves in relation to other instruments. This measure is expressed in what is known as the correlation coefficient, which ranges between -1 and +1. A perfect positive correlation (i.e., a correlation coefficient of +1) implies that as Wynn Resorts moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Wynn Resorts Limited moves in either direction, the perfectly negatively correlated security will move in the opposite direction. If the correlation is 0, the equities are not correlated; they are entirely random. A correlation greater than 0.8 is generally described as strong, whereas a correlation less than 0.5 is generally considered weak.
Correlation analysis and pair trading evaluation for Wynn Resorts can also be used as hedging techniques within a particular sector or industry or even over random equities to generate a better risk-adjusted return on your portfolios.
Pair CorrelationCorrelation Matching
When determining whether Wynn Resorts Limited offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of Wynn Resorts' 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 Wynn Resorts Limited Stock. Outlined below are crucial reports that will aid in making a well-informed decision on Wynn Resorts Limited Stock:
Check out Your Current Watchlist to better understand how to build diversified portfolios, which includes a position in Wynn Resorts Limited. 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.
You can also try the Portfolio Comparator module to compare the composition, asset allocations and performance of any two portfolios in your account.
Is Hotels, Restaurants & Leisure space 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 Wynn Resorts. If investors know Wynn 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 Wynn Resorts 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
0.091
Dividend Share
1
Earnings Share
8.4
Revenue Per Share
64.328
Quarterly Revenue Growth
0.013
The market value of Wynn Resorts Limited is measured differently than its book value, which is the value of Wynn that is recorded on the company's balance sheet. Investors also form their own opinion of Wynn Resorts' value that differs from its market value or its book value, called intrinsic value, which is Wynn Resorts' 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 Wynn Resorts' market value can be influenced by many factors that don't directly affect Wynn Resorts' 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 Wynn Resorts' value and its price as these two are different measures arrived at by different means. Investors typically determine if Wynn Resorts is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Wynn Resorts' 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.