Chevron Invested Capital Average vs Free Cash Flow Analysis

CVX -- USA Stock  

USD 115.35  4.16  3.48%

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 Invested Capital Average and its Free Cash Flow accounts. Check also Trending Equities.

Invested Capital Average vs Free Cash Flow

Accounts Relationship

Invested Capital Average vs Free Cash Flow

Significance: Strong Contrarian Relationship

Invested Capital Average diversification synergy
Overlapping area represents amount of trend that can be explained by analyzing historical patterns of Chevron Invested Capital Average account and Free Cash Flow

Correlation Coefficient

-0.68
Relationship DirectionNegative 
Relationship StrengthWeak

Invested Capital Average

Average invested capital value for the period used in the calculation of Return on Invested Capital; and derived from Invested Capital. Invested capital is an input into the calculation of Return on Invested Capital; and is calculated as: Total Debt plus Total Assets minus Goodwill and Intangible Assets minus Cash and Equivalents minus Current Liabilities. Please note this calculation method is subject to change.

Free Cash Flow

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

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