Chevron Free Cash Flow vs Earnings before Tax Analysis

CVX -- USA Stock  

USD 114.94  0.55  0.48%

Chevron financial indicator trend analysis is way more than just evaluating Chevron prevailing accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Chevron is a good investment. Please check the relationship between Chevron Free Cash Flow and its Earnings before Tax accounts. Check also Trending Equities.

Free Cash Flow vs Earnings before Tax

Accounts Relationship

Free Cash Flow vs Earnings before Tax

Significance: Strong Relationship

Free Cash Flow diversification synergy
Overlapping area represents amount of trend that can be explained by analyzing historical patterns of Chevron Free Cash Flow account and Earnings before Tax

Correlation Coefficient

0.78
Relationship DirectionPositive 
Relationship StrengthSignificant

Free Cash Flow

Free Cash Flow is a measure of financial performance calculated as Net Cash Flow from Operations minus Capital Expenditure.

Earnings before Tax

Earnings Before Tax is calculated by adding Income Tax Expense back to Net Income.

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