Fuel Free Cash Flow vs Income Tax Expense Analysis

FTEK Stock  USD 1.14  0.03  2.56%   
Fuel Tech financial indicator trend analysis is much more than just examining Fuel Tech latest accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Fuel Tech is a good investment. Please check the relationship between Fuel Tech Free Cash Flow and its Income Tax Expense accounts. Check out Investing Opportunities to better understand how to build diversified portfolios, which includes a position in Fuel Tech. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in income.
For more information on how to buy Fuel Stock please use our How to buy in Fuel Stock guide.

Free Cash Flow vs Income Tax Expense

Free Cash Flow vs Income Tax Expense Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Fuel Tech Free Cash Flow account and Income Tax Expense. At this time, the significance of the direction appears to have weak relationship.
The correlation between Fuel Tech's Free Cash Flow and Income Tax Expense is 0.33. Overlapping area represents the amount of variation of Free Cash Flow that can explain the historical movement of Income Tax Expense in the same time period over historical financial statements of Fuel Tech, assuming nothing else is changed. The correlation between historical values of Fuel Tech's Free Cash Flow and Income Tax Expense 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 of Fuel Tech are associated (or correlated) with its Income Tax Expense. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Income Tax Expense has no effect on the direction of Free Cash Flow i.e., Fuel Tech's Free Cash Flow and Income Tax Expense go up and down completely randomly.

Correlation Coefficient

0.33
Relationship DirectionPositive 
Relationship StrengthVery Weak

Free Cash Flow

The amount of cash a company generates after accounting for cash outflows to support operations and maintain its capital assets.

Income Tax Expense

Most indicators from Fuel Tech's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Fuel Tech 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 Fuel Tech. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in income.
For more information on how to buy Fuel Stock please use our How to buy in Fuel Stock guide.Sales General And Administrative To Revenue is expected to rise to 0.39 this year, although the value of Selling General Administrative will most likely fall to about 11.6 M.
 2021 2022 2023 2024 (projected)
Total Operating Expenses13.4M13.2M14.0M20.1M
Cost Of Revenue12.4M15.3M15.8M30.8M

Fuel Tech fundamental ratios Correlations

0.820.870.99-0.650.710.810.670.960.590.920.220.080.560.230.880.98-0.110.910.330.30.660.68-0.230.570.67
0.820.960.75-0.240.740.910.260.80.130.96-0.07-0.070.73-0.010.950.80.110.850.480.540.630.77-0.510.510.78
0.870.960.8-0.30.690.950.310.860.190.95-0.02-0.010.770.011.00.840.040.870.520.510.60.69-0.480.540.76
0.990.750.8-0.730.680.730.750.950.680.870.270.090.470.280.80.97-0.140.880.260.230.650.65-0.150.550.62
-0.65-0.24-0.3-0.73-0.22-0.28-1.0-0.52-0.94-0.36-0.58-0.06-0.06-0.55-0.3-0.720.52-0.440.0-0.02-0.19-0.21-0.31-0.28-0.16
0.710.740.690.68-0.220.680.250.80.120.81-0.46-0.180.31-0.420.680.60.540.710.270.130.910.76-0.680.670.64
0.810.910.950.73-0.280.680.290.80.170.90.0-0.070.770.050.940.780.050.770.610.490.570.6-0.460.480.75
0.670.260.310.75-1.00.250.290.540.950.390.580.110.050.560.310.74-0.490.460.00.00.220.240.30.30.18
0.960.80.860.95-0.520.80.80.540.440.910.040.120.520.040.860.880.080.910.360.170.770.68-0.370.680.73
0.590.130.190.68-0.940.120.170.950.440.270.690.14-0.040.660.20.67-0.560.34-0.08-0.050.110.120.530.210.08
0.920.960.950.87-0.360.810.90.390.910.27-0.04-0.010.670.010.950.880.130.90.470.430.740.78-0.480.560.75
0.22-0.07-0.020.27-0.58-0.460.00.580.040.69-0.040.360.090.990.010.34-0.860.04-0.010.03-0.42-0.230.81-0.21-0.08
0.08-0.07-0.010.09-0.06-0.18-0.070.110.120.14-0.010.36-0.010.310.060.05-0.020.1-0.1-0.4-0.14-0.170.230.17-0.15
0.560.730.770.47-0.060.310.770.050.52-0.040.670.09-0.010.150.770.56-0.080.70.460.760.280.63-0.360.020.65
0.23-0.010.010.28-0.55-0.420.050.560.040.660.010.990.310.150.030.36-0.830.070.020.11-0.38-0.160.77-0.28-0.05
0.880.951.00.8-0.30.680.940.310.860.20.950.010.060.770.030.840.040.880.510.480.590.67-0.470.550.75
0.980.80.840.97-0.720.60.780.740.880.670.880.340.050.560.360.84-0.250.870.290.380.540.64-0.10.460.59
-0.110.110.04-0.140.520.540.05-0.490.08-0.560.13-0.86-0.02-0.08-0.830.04-0.250.02-0.01-0.230.580.28-0.690.240.12
0.910.850.870.88-0.440.710.770.460.910.340.90.040.10.70.070.880.870.020.230.440.640.8-0.430.450.66
0.330.480.520.260.00.270.610.00.36-0.080.47-0.01-0.10.460.020.510.29-0.010.230.230.230.15-0.250.370.69
0.30.540.510.23-0.020.130.490.00.17-0.050.430.03-0.40.760.110.480.38-0.230.440.23-0.030.57-0.21-0.220.35
0.660.630.60.65-0.190.910.570.220.770.110.74-0.42-0.140.28-0.380.590.540.580.640.23-0.030.7-0.610.550.63
0.680.770.690.65-0.210.760.60.240.680.120.78-0.23-0.170.63-0.160.670.640.280.80.150.570.7-0.520.320.69
-0.23-0.51-0.48-0.15-0.31-0.68-0.460.3-0.370.53-0.480.810.23-0.360.77-0.47-0.1-0.69-0.43-0.25-0.21-0.61-0.52-0.38-0.42
0.570.510.540.55-0.280.670.480.30.680.210.56-0.210.170.02-0.280.550.460.240.450.37-0.220.550.32-0.380.54
0.670.780.760.62-0.160.640.750.180.730.080.75-0.08-0.150.65-0.050.750.590.120.660.690.350.630.69-0.420.54
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Fuel Tech Account Relationship Matchups

Fuel Tech fundamental ratios Accounts

201920202021202220232024 (projected)
Total Assets32.2M30.1M50.0M50.1M50.4M53.6M
Other Current Liab1.8M2.2M1.2M1.6M1.8M1.7M
Total Current Liabilities4.9M5.5M3.2M4.8M5.7M10.7M
Total Stockholder Equity26.2M22.3M46.2M44.9M43.6M41.8M
Net Debt(9.9M)(8.7M)(35.7M)(23.1M)(16.9M)(17.7M)
Retained Earnings(110.3M)(114.6M)(114.5M)(116.0M)(117.5M)(123.4M)
Accounts Payable2.1M2.4M1.6M2.7M2.4M2.3M
Cash10.9M10.6M35.9M23.3M17.6M16.4M
Non Current Assets Total10.6M9.0M8.5M14.3M12.1M17.8M
Cash And Short Term Investments10.9M10.6M35.9M26.3M29.7M17.5M
Net Receivables6.5M6.5M3.3M7.7M6.7M6.4M
Common Stock Shares Outstanding24.2M24.7M29.7M30.3M30.3M23.5M
Liabilities And Stockholders Equity32.2M30.1M50.0M50.1M50.4M53.6M
Non Current Liabilities Total1.1M2.2M551K482K1.1M900.2K
Other Current Assets1.9M2.2M1.1M1.4M1.4M2.3M
Other Stockholder Equity138.0M138.0M162.0M162.2M162.6M124.5M
Total Liab6.0M7.8M3.8M5.2M6.8M11.8M
Total Current Assets21.6M21.1M41.5M35.8M38.3M35.8M
Property Plant And Equipment Net6.6M5.6M4.9M4.6M5.1M8.3M
Non Currrent Assets Other950K732K1.1M617K609K578.6K
Inventory264K97K348K392K439K561.9K
Accumulated Other Comprehensive Income(1.8M)(1.4M)(1.6M)(1.7M)(1.7M)(1.7M)
Intangible Assets906K553K448K397K358K340.1K
Common Stock254K262K312K313K360.0K256.9K
Other Liab457K443K429K451K405.9K574.1K
Other Assets950K1.1K1.1M794K913.1K867.4K
Property Plant And Equipment Gross6.6M5.6M4.9M4.6M23.9M25.0M
Treasury Stock(1.5M)(1.5M)(1.6M)(2.2M)(2.0M)(1.9M)
Property Plant Equipment5.7M5.6M4.9M4.6M5.3M9.0M
Net Tangible Assets23.2M19.7M43.6M42.3M38.1M34.8M
Retained Earnings Total Equity(102.5M)(102.5M)(110.3M)(114.6M)(103.1M)(108.3M)
Capital Surpluse138.8M139.0M139.6M140.1M161.2M150.0M
Some investors attempt to determine whether the market's mood is bullish or bearish by monitoring changes in market sentiment. Unlike more traditional methods such as technical analysis, investor sentiment usually refers to the aggregate attitude towards Fuel Tech in the overall investment community. So, suppose investors can accurately measure the market's sentiment. In that case, they can use it for their benefit. For example, some tools to gauge market sentiment could be utilized using contrarian indexes, Fuel Tech's short interest history, or implied volatility extrapolated from Fuel Tech options trading.

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When determining whether Fuel Tech is a good investment, qualitative aspects like company management, corporate governance, and ethical practices play a significant role. A comparison with peer companies also provides context and helps to understand if Fuel Stock is undervalued or overvalued. This multi-faceted approach, blending both quantitative and qualitative analysis, forms a solid foundation for making an informed investment decision about Fuel Tech Stock. Highlighted below are key reports to facilitate an investment decision about Fuel Tech Stock:
Check out Investing Opportunities to better understand how to build diversified portfolios, which includes a position in Fuel Tech. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in income.
For more information on how to buy Fuel Stock please use our How to buy in Fuel Stock guide.
Note that the Fuel Tech information on this page should be used as a complementary analysis to other Fuel Tech's statistical models used to find the right mix of equity instruments to add to your existing portfolios or create a brand new portfolio. You can also try the Global Correlations module to find global opportunities by holding instruments from different markets.

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When running Fuel Tech's price analysis, check to measure Fuel Tech'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 Fuel Tech is operating at the current time. Most of Fuel Tech's value examination focuses on studying past and present price action to predict the probability of Fuel Tech's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Fuel Tech's price. Additionally, you may evaluate how the addition of Fuel Tech to your portfolios can decrease your overall portfolio volatility.
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Is Fuel Tech's industry 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 Fuel Tech. If investors know Fuel 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 Fuel Tech listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Earnings Share
(0.05)
Revenue Per Share
0.892
Quarterly Revenue Growth
(0.1)
Return On Assets
(0.03)
Return On Equity
(0.03)
The market value of Fuel Tech is measured differently than its book value, which is the value of Fuel that is recorded on the company's balance sheet. Investors also form their own opinion of Fuel Tech's value that differs from its market value or its book value, called intrinsic value, which is Fuel Tech's 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 Fuel Tech's market value can be influenced by many factors that don't directly affect Fuel Tech's 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 Fuel Tech's value and its price as these two are different measures arrived at by different means. Investors typically determine if Fuel Tech is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Fuel Tech's 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.