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

NVAX Stock  USD 18.17  1.39  7.11%   
Novavax financial indicator trend analysis is infinitely more than just investigating Novavax recent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Novavax is a good investment. Please check the relationship between Novavax Free Cash Flow Per Share and its Free Cash Flow Yield accounts. Check out Correlation Analysis to better understand how to build diversified portfolios, which includes a position in Novavax. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in nation.
For more information on how to buy Novavax Stock please use our How to Invest in Novavax guide.

Free Cash Flow Per Share vs Free Cash Flow Yield

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

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Novavax Free Cash Flow Per Share account and Free Cash Flow Yield. At this time, the significance of the direction appears to have weak relationship.
The correlation between Novavax's Free Cash Flow Per Share and Free Cash Flow Yield is 0.31. Overlapping area represents the amount of variation of Free Cash Flow Per Share that can explain the historical movement of Free Cash Flow Yield in the same time period over historical financial statements of Novavax, assuming nothing else is changed. The correlation between historical values of Novavax's Free Cash Flow Per Share 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 Per Share of Novavax 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 Per Share i.e., Novavax's Free Cash Flow Per Share and Free Cash Flow Yield go up and down completely randomly.

Correlation Coefficient

0.31
Relationship DirectionPositive 
Relationship StrengthVery Weak

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.

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 Novavax's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Novavax 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 Correlation Analysis to better understand how to build diversified portfolios, which includes a position in Novavax. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in nation.
For more information on how to buy Novavax Stock please use our How to Invest in Novavax guide.At this time, Novavax's Selling General Administrative is fairly stable compared to the past year. Issuance Of Capital Stock is likely to rise to about 442.5 M in 2024, despite the fact that Tax Provision is likely to grow to (1.8 M).

Novavax fundamental ratios Correlations

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0.780.9-0.890.91-0.66-0.90.930.720.880.750.680.840.550.850.90.910.70.550.66-0.350.53-0.320.34-0.260.02
0.940.9-0.750.86-0.88-0.920.960.940.870.930.920.880.830.890.980.860.920.760.67-0.40.68-0.410.55-0.360.21
-0.56-0.89-0.75-0.740.40.79-0.72-0.53-0.71-0.63-0.45-0.69-0.4-0.69-0.76-0.75-0.48-0.4-0.620.35-0.560.21-0.060.15-0.19
0.870.910.86-0.74-0.62-0.960.910.70.990.770.690.970.460.960.921.00.780.740.87-0.430.56-0.360.46-0.30.14
-0.87-0.66-0.880.4-0.620.67-0.82-0.94-0.65-0.87-0.94-0.67-0.9-0.68-0.8-0.61-0.91-0.74-0.380.22-0.450.47-0.60.46-0.03
-0.91-0.9-0.920.79-0.960.67-0.93-0.8-0.97-0.86-0.77-0.98-0.6-0.99-0.97-0.96-0.85-0.77-0.890.5-0.720.34-0.480.28-0.33
0.930.930.96-0.720.91-0.82-0.930.890.910.830.880.90.740.920.960.910.890.680.7-0.410.67-0.40.65-0.360.17
0.940.720.94-0.530.7-0.94-0.80.890.730.920.990.770.950.80.90.690.970.760.57-0.40.73-0.410.71-0.390.34
0.90.880.87-0.710.99-0.65-0.970.910.730.810.720.990.490.980.930.990.820.790.89-0.440.59-0.350.47-0.290.19
0.940.750.93-0.630.77-0.87-0.860.830.920.810.90.850.820.860.940.770.940.90.71-0.430.66-0.440.45-0.410.35
0.940.680.92-0.450.69-0.94-0.770.880.990.720.90.760.940.790.880.670.980.770.55-0.410.7-0.40.74-0.380.32
0.930.840.88-0.690.97-0.67-0.980.90.770.990.850.760.550.990.950.970.860.840.92-0.480.65-0.390.5-0.340.29
0.80.550.83-0.40.46-0.9-0.60.740.950.490.820.940.550.590.750.450.870.610.33-0.320.68-0.360.67-0.360.34
0.940.850.89-0.690.96-0.68-0.990.920.80.980.860.790.990.590.960.960.870.820.91-0.50.7-0.340.54-0.280.33
0.960.90.98-0.760.92-0.8-0.970.960.90.930.940.880.950.750.960.920.920.820.81-0.470.73-0.390.54-0.340.32
0.860.910.86-0.751.0-0.61-0.960.910.690.990.770.670.970.450.960.920.770.730.87-0.420.55-0.360.43-0.290.13
0.990.70.92-0.480.78-0.91-0.850.890.970.820.940.980.860.870.870.920.770.870.7-0.450.71-0.410.72-0.380.36
0.880.550.76-0.40.74-0.74-0.770.680.760.790.90.770.840.610.820.820.730.870.77-0.380.49-0.460.41-0.430.31
0.780.660.67-0.620.87-0.38-0.890.70.570.890.710.550.920.330.910.810.870.70.77-0.550.7-0.240.39-0.180.52
-0.46-0.35-0.40.35-0.430.220.5-0.41-0.4-0.44-0.43-0.41-0.48-0.32-0.5-0.47-0.42-0.45-0.38-0.55-0.590.11-0.320.08-0.53
0.710.530.68-0.560.56-0.45-0.720.670.730.590.660.70.650.680.70.730.550.710.490.7-0.59-0.120.65-0.10.82
-0.41-0.32-0.410.21-0.360.470.34-0.4-0.41-0.35-0.44-0.4-0.39-0.36-0.34-0.39-0.36-0.41-0.46-0.240.11-0.12-0.340.990.09
0.670.340.55-0.060.46-0.6-0.480.650.710.470.450.740.50.670.540.540.430.720.410.39-0.320.65-0.34-0.340.37
-0.37-0.26-0.360.15-0.30.460.28-0.36-0.39-0.29-0.41-0.38-0.34-0.36-0.28-0.34-0.29-0.38-0.43-0.180.08-0.10.99-0.340.09
0.330.020.21-0.190.14-0.03-0.330.170.340.190.350.320.290.340.330.320.130.360.310.52-0.530.820.090.370.09
Click cells to compare fundamentals

Novavax Account Relationship Matchups

Novavax fundamental ratios Accounts

201920202021202220232024 (projected)
Total Assets173.0M1.6B2.6B2.3B1.9B1.9B
Other Current Liab19.9M(327.6M)709.8M1.5B1.2B1.3B
Total Current Liabilities25.8M322.0M2.4B2.5B1.6B1.7B
Total Stockholder Equity(186.0M)627.2M(351.7M)(634.1M)(716.9M)(681.1M)
Property Plant And Equipment Net11.4M180.0M228.7M400.5M491.0M515.5M
Net Debt243.1M(231.4M)(1.1B)(787.1M)(298.3M)(283.4M)
Retained Earnings(1.4B)(1.9B)(3.6B)(4.3B)(4.8B)(4.6B)
Accounts Payable2.9M54.3M127.1M216.5M132.6M139.2M
Cash78.8M553.4M1.5B1.3B578.9M607.9M
Non Current Assets Total75.7M334.3M421.6M555.3M711.5M747.0M
Non Currrent Assets Other7.5M13.2M56.7M28.5M30.3M31.8M
Cash And Short Term Investments78.8M711.0M1.5B1.3B578.9M607.9M
Common Stock Shares Outstanding24.1M57.6M74.4M78.2M100.8M105.8M
Liabilities And Stockholders Equity173.0M1.6B2.6B2.3B1.9B1.9B
Other Current Assets93.9M441.8M2.1B1.7B226.0M191.7M
Other Stockholder Equity1.3B2.5B3.3B3.6B4.1B4.3B
Total Liab359.0M955.3M2.9B2.9B2.6B2.7B
Property Plant And Equipment Gross11.4M180.0M258.6M447.8M566.0M594.3M
Total Current Assets97.2M1.2B2.2B1.7B1.1B1.2B
Accumulated Other Comprehensive Income(12.5M)7.0M(1.4M)(6.4M)2.7M2.9M
Net Receivables7.5M262.0M455.0M82.4M297.2M312.1M
Non Current Liabilities Total333.2M633.2M538.1M432.8M937.1M984.0M
Intangible Assets6.5M5.6M5.7M4.8M4.3M4.1M
Short Long Term Debt Total321.9M322.0M454.0M549.8M280.6M294.7M
Common Stock Total Equity3.8M324K714K764K878.6K1.3M
Short Term Debt1.3M322.0M130.5M352.1M28.1M43.9M
Common Stock324K714K764K868K1.4M1.3M
Long Term Debt320.6M322.0M323.5M166.5M168.0M114.6M
Inventory(83.0M)(166.7M)(2.0B)36.7M41.7M43.8M
Property Plant Equipment11.4M180.0M228.7M400.5M460.6M483.6M
Other Liab2.6M3.4M175.5M185.0M212.8M223.4M
Current Deferred Revenue1.7M273.2M1.4B370.1M241.3M140.2M
Other Assets1.1M5.4M16.6M28.5M32.7M34.4M
Good Will51.2M135.4M131.5M126.3M127.5M133.8M
Net Tangible Assets(242.8M)486.1M(487.9M)(760.4M)(684.4M)(650.1M)
Retained Earnings Total Equity(1.3B)(1.4B)(1.9B)(3.6B)(3.3B)(3.1B)
Long Term Debt Total319.2M320.6M322.0M323.5M372.0M234.9M
Capital Surpluse1.1B1.3B2.5B3.4B3.9B4.0B

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