NetSuite Free Cash Flow vs Average Equity Analysis

NetSuite financial indicator trend analysis is infinitely more than just investigating NetSuite recent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether NetSuite is a good investment. Please check the relationship between NetSuite Free Cash Flow and its Average Equity accounts. See also Stocks Correlation.

Free Cash Flow vs Average Equity

Accounts Relationship

Free Cash Flow vs Average Equity

Significance: Weak Relationship

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

Correlation Coefficient

0.38
Relationship DirectionPositive 
Relationship StrengthVery Weak

Free Cash Flow

Free Cash Flow is a measure of financial performance calculated as Net Cash Flow from Operations minus [CapEx].

Average Equity

Average equity value for the period used in calculation of Return on Average Equity; derived from [Equity].
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