Fidelity Begin Period Cash Flow vs Net Income Analysis

FIS Stock

USD 76.04 0.16 0.21%

Fidelity National financial indicator trend analysis is much more than just examining Fidelity National latest accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Fidelity National is a good investment. Please check the relationship between Fidelity National Begin Period Cash Flow and its Net Income accounts. Check out Investing Opportunities to better understand how to build diversified portfolios, which includes a position in Fidelity National Information. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in gross domestic product.

Begin Period Cash Flow vs Net Income

Begin Period Cash Flow vs Net Income Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Fidelity National Begin Period Cash Flow account and Net Income. At this time, the significance of the direction appears to have significant contrarian relationship.

The correlation between Fidelity National's Begin Period Cash Flow and Net Income is -0.49. Overlapping area represents the amount of variation of Begin Period Cash Flow that can explain the historical movement of Net Income in the same time period over historical financial statements of Fidelity National Information, assuming nothing else is changed. The correlation between historical values of Fidelity National's Begin Period Cash Flow and Net Income is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Begin Period Cash Flow of Fidelity National Information are associated (or correlated) with its Net Income. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Net Income has no effect on the direction of Begin Period Cash Flow i.e., Fidelity National's Begin Period Cash Flow and Net Income go up and down completely randomly.

Correlation Coefficient

-0.49

Relationship Direction	Negative
Relationship Strength	Very Weak

View All Relationships

Begin Period Cash Flow

The amount of cash a company has at the beginning of a financial reporting period. It serves as the starting point for calculating the period's cash flow from operations, investing, and financing activities.

Net Income

Net income is one of the most important fundamental items in finance. It plays a large role in Fidelity National financial statement analysis. It represents the amount of money remaining after all of Fidelity National Information operating expenses, interest, taxes and preferred stock dividends have been deducted from a company total revenue.

Most indicators from Fidelity National's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Fidelity National 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 Investing Opportunities to better understand how to build diversified portfolios, which includes a position in Fidelity National Information. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in gross domestic product.

At this time, Fidelity National's Selling General Administrative is comparatively stable compared to the past year. Discontinued Operations is likely to gain to about 1.2 M in 2024, whereas Tax Provision is likely to drop slightly above 223.3 M in 2024.

	2021	2022	2023	2024 (projected)
Gross Profit	5.2B	5.7B	3.7B	2.1B
Total Revenue	13.9B	14.5B	9.8B	6.2B

Gross Profit Total Revenue

Fidelity National fundamental ratios Correlations

	Total Assets	Total Stockholder Equity	Non Current Assets Total	Non Currrent Assets Other	Common Stock Shares Outstanding	Non Current Liabilities Total	Other Stockholder Equity	Total Liab	Short Long Term Debt Total	Other Current Liab	Total Current Liabilities	Property Plant And Equipment Net	Current Deferred Revenue	Net Debt	Retained Earnings	Accounts Payable	Cash	Cash And Short Term Investments	Net Receivables	Common Stock Total Equity	Inventory	Other Current Assets	Property Plant And Equipment Gross	Total Current Assets	Short Term Debt	Intangible Assets
Total Assets		0.94	0.95	0.34	0.85	0.96	0.96	0.94	0.95	0.75	0.83	0.86	0.76	0.94	-0.28	0.92	0.8	0.8	0.92	0.79	0.68	0.43	0.83	0.84	0.82	0.9
Total Stockholder Equity	0.94		0.99	0.05	0.81	0.85	0.82	0.77	0.79	0.49	0.61	0.82	0.69	0.76	0.03	0.9	0.82	0.82	0.94	0.74	0.74	0.12	0.65	0.61	0.61	0.96
Non Current Assets Total	0.95	0.99		0.1	0.86	0.89	0.85	0.82	0.85	0.55	0.66	0.88	0.77	0.82	-0.05	0.95	0.83	0.83	0.96	0.82	0.73	0.19	0.7	0.68	0.66	0.96
Non Currrent Assets Other	0.34	0.05	0.1		0.21	0.37	0.53	0.56	0.5	0.8	0.7	0.21	0.21	0.55	-0.82	0.11	-0.15	-0.15	-0.02	0.24	0.04	0.88	0.53	0.69	0.66	-0.06
Common Stock Shares Outstanding	0.85	0.81	0.86	0.21		0.81	0.81	0.82	0.83	0.65	0.75	0.94	0.8	0.8	-0.29	0.93	0.82	0.82	0.85	0.94	0.48	0.4	0.79	0.76	0.75	0.73
Non Current Liabilities Total	0.96	0.85	0.89	0.37	0.81		0.9	0.96	0.98	0.74	0.82	0.9	0.85	0.97	-0.32	0.9	0.75	0.75	0.89	0.81	0.67	0.46	0.8	0.85	0.78	0.87
Other Stockholder Equity	0.96	0.82	0.85	0.53	0.81	0.9		0.97	0.95	0.89	0.94	0.78	0.66	0.95	-0.54	0.85	0.71	0.71	0.8	0.74	0.55	0.65	0.9	0.94	0.94	0.76
Total Liab	0.94	0.77	0.82	0.56	0.82	0.96	0.97		1.0	0.9	0.95	0.84	0.77	1.0	-0.56	0.86	0.7	0.7	0.8	0.78	0.53	0.68	0.92	0.97	0.93	0.74
Short Long Term Debt Total	0.95	0.79	0.85	0.5	0.83	0.98	0.95	1.0		0.86	0.92	0.87	0.82	1.0	-0.49	0.88	0.73	0.73	0.84	0.8	0.57	0.62	0.89	0.94	0.89	0.78
Other Current Liab	0.75	0.49	0.55	0.8	0.65	0.74	0.89	0.9	0.86		0.98	0.6	0.54	0.88	-0.83	0.62	0.44	0.44	0.5	0.59	0.27	0.91	0.89	0.98	0.97	0.41
Total Current Liabilities	0.83	0.61	0.66	0.7	0.75	0.82	0.94	0.95	0.92	0.98		0.7	0.62	0.92	-0.75	0.73	0.58	0.58	0.63	0.67	0.32	0.85	0.95	0.99	0.99	0.54
Property Plant And Equipment Net	0.86	0.82	0.88	0.21	0.94	0.9	0.78	0.84	0.87	0.6	0.7		0.91	0.85	-0.2	0.92	0.75	0.75	0.88	0.96	0.57	0.34	0.74	0.73	0.67	0.8
Current Deferred Revenue	0.76	0.69	0.77	0.21	0.8	0.85	0.66	0.77	0.82	0.54	0.62	0.91		0.81	-0.16	0.79	0.65	0.65	0.81	0.81	0.6	0.29	0.61	0.66	0.57	0.73
Net Debt	0.94	0.76	0.82	0.55	0.8	0.97	0.95	1.0	1.0	0.88	0.92	0.85	0.81		-0.52	0.85	0.68	0.68	0.81	0.78	0.56	0.65	0.89	0.95	0.89	0.75
Retained Earnings	-0.28	0.03	-0.05	-0.82	-0.29	-0.32	-0.54	-0.56	-0.49	-0.83	-0.75	-0.2	-0.16	-0.52		-0.2	-0.04	-0.04	-0.03	-0.26	0.17	-0.96	-0.64	-0.74	-0.74	0.1
Accounts Payable	0.92	0.9	0.95	0.11	0.93	0.9	0.85	0.86	0.88	0.62	0.73	0.92	0.79	0.85	-0.2		0.9	0.9	0.95	0.87	0.55	0.33	0.81	0.75	0.73	0.88
Cash	0.8	0.82	0.83	-0.15	0.82	0.75	0.71	0.7	0.73	0.44	0.58	0.75	0.65	0.68	-0.04	0.9		1.0	0.92	0.67	0.48	0.15	0.7	0.6	0.61	0.84
Cash And Short Term Investments	0.8	0.82	0.83	-0.15	0.82	0.75	0.71	0.7	0.73	0.44	0.58	0.75	0.65	0.68	-0.04	0.9	1.0		0.92	0.67	0.48	0.15	0.7	0.6	0.61	0.84
Net Receivables	0.92	0.94	0.96	-0.02	0.85	0.89	0.8	0.8	0.84	0.5	0.63	0.88	0.81	0.81	-0.03	0.95	0.92	0.92		0.79	0.7	0.15	0.69	0.65	0.62	0.97
Common Stock Total Equity	0.79	0.74	0.82	0.24	0.94	0.81	0.74	0.78	0.8	0.59	0.67	0.96	0.81	0.78	-0.26	0.87	0.67	0.67	0.79		0.49	0.37	0.69	0.7	0.64	0.69
Inventory	0.68	0.74	0.73	0.04	0.48	0.67	0.55	0.53	0.57	0.27	0.32	0.57	0.6	0.56	0.17	0.55	0.48	0.48	0.7	0.49		-0.11	0.2	0.36	0.27	0.79
Other Current Assets	0.43	0.12	0.19	0.88	0.4	0.46	0.65	0.68	0.62	0.91	0.85	0.34	0.29	0.65	-0.96	0.33	0.15	0.15	0.15	0.37	-0.11		0.77	0.84	0.84	0.03
Property Plant And Equipment Gross	0.83	0.65	0.7	0.53	0.79	0.8	0.9	0.92	0.89	0.89	0.95	0.74	0.61	0.89	-0.64	0.81	0.7	0.7	0.69	0.69	0.2	0.77		0.94	0.96	0.58
Total Current Assets	0.84	0.61	0.68	0.69	0.76	0.85	0.94	0.97	0.94	0.98	0.99	0.73	0.66	0.95	-0.74	0.75	0.6	0.6	0.65	0.7	0.36	0.84	0.94		0.98	0.56
Short Term Debt	0.82	0.61	0.66	0.66	0.75	0.78	0.94	0.93	0.89	0.97	0.99	0.67	0.57	0.89	-0.74	0.73	0.61	0.61	0.62	0.64	0.27	0.84	0.96	0.98		0.52
Intangible Assets	0.9	0.96	0.96	-0.06	0.73	0.87	0.76	0.74	0.78	0.41	0.54	0.8	0.73	0.75	0.1	0.88	0.84	0.84	0.97	0.69	0.79	0.03	0.58	0.56	0.52

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Fidelity National Account Relationship Matchups

Fidelity National fundamental ratios Accounts

	2019	2020	2021	2022	2023	2024 (projected)
Total Assets	83.8B	83.8B	82.9B	63.3B	55.1B	57.9B
Total Stockholder Equity	49.4B	49.3B	47.3B	27.2B	19.1B	12.1B
Non Current Assets Total	75.1B	73.9B	72.2B	50.5B	41.3B	21.0B
Non Currrent Assets Other	3.0B	2.5B	2.1B	(815M)	19.1B	20.1B
Common Stock Shares Outstanding	451M	627M	621M	604M	591M	305.0M
Liabilities And Stockholders Equity	83.8B	83.8B	82.9B	63.3B	55.1B	57.9B
Non Current Liabilities Total	24.0B	22.0B	20.9B	19.6B	17.7B	18.6B
Other Stockholder Equity	45.3B	45.8B	44.2B	42.5B	42.2B	44.3B
Total Liab	34.4B	34.4B	35.4B	35.9B	36.0B	37.8B
Short Long Term Debt Total	20.2B	20.0B	20.4B	20.1B	19.3B	20.3B
Other Current Liab	4.2B	4.9B	5.3B	6.8B	9.4B	9.9B
Total Current Liabilities	10.4B	12.4B	14.5B	16.2B	18.3B	19.2B
Property Plant And Equipment Net	900M	887M	949M	862M	909M	513.5M
Current Deferred Revenue	817M	881M	779M	788M	832M	508.9M
Net Debt	19.0B	18.1B	18.3B	17.9B	18.9B	19.8B
Retained Earnings	4.2B	3.4B	2.9B	(15.0B)	(22.9B)	(21.7B)
Accounts Payable	2.4B	2.5B	2.9B	2.8B	1.9B	1.1B
Cash	1.2B	2.0B	2.0B	2.2B	440M	682.1M
Cash And Short Term Investments	1.2B	2.0B	2.0B	2.2B	440M	692.0M
Net Receivables	4.4B	4.4B	4.1B	4.2B	2.0B	1.8B
Inventory	700M	2.9B	3.3B	551M	633.7M	741.5M
Other Current Assets	308M	254M	4.0B	6.4B	11.3B	11.9B
Property Plant And Equipment Gross	1.5B	1.4B	3.0B	2.7B	2.3B	2.4B
Total Current Assets	8.7B	9.9B	10.7B	12.8B	13.8B	14.5B
Accumulated Other Comprehensive Income	(33M)	57M	252M	(360M)	(537M)	(510.2M)
Short Term Debt	3.0B	4.1B	5.5B	5.9B	6.2B	6.5B
Intangible Assets	19.0B	17.3B	14.8B	12.2B	3.9B	5.4B
Good Will	52.2B	53.3B	53.3B	34.3B	17.0B	16.6B
Other Liab	6.3B	6.0B	6.1B	5.1B	5.9B	6.2B
Other Assets	2.3B	5.9B	3.1B	3.1B	(1.9B)	(1.8B)
Long Term Debt	17.2B	16.0B	14.8B	14.2B	13.0B	7.9B
Property Plant Equipment	900M	887M	949M	862M	991.3M	558.6M
Short Term Investments	677M	700M	2.9B	3.3B	3.7B	3.9B
Treasury Stock	(4.7B)	(52M)	(150M)	(2.3B)	(2.0B)	(2.1B)
Net Tangible Assets	(21.8B)	(21.1B)	(20.8B)	(19.3B)	(17.3B)	(16.5B)
Noncontrolling Interest In Consolidated Entity	7M	16M	13M	11M	9.9M	9.4M
Retained Earnings Total Equity	4.5B	4.2B	3.4B	2.9B	3.3B	3.2B

Pair Trading with Fidelity National

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 Fidelity National 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 Fidelity National will appreciate offsetting losses from the drop in the long position's value.

Moving together with Fidelity Stock

0.81

Kyndryl Holdings

Pair Corr

Moving against Fidelity Stock

0.76	EPAM	EPAM Systems	Pair Corr
0.6	DXC	DXC Technology	Pair Corr
0.56	ACN	Accenture plc Sell-off Trend	Pair Corr
0.49	III	Information Services	Pair Corr
0.47	IBM	International Business Financial Report 17th of July 2024	Pair Corr

The ability to find closely correlated positions to Fidelity National could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Fidelity National 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 Fidelity National - 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 Fidelity National Information to buy it.

The correlation of Fidelity National 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 Fidelity National moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Fidelity National 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 Fidelity National 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 Correlation Correlation Matching

Additional Tools for Fidelity Stock Analysis

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

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