Current liabilities increased 35.0%
Current liabilities changed +35.0% from the comparable as-filed period. The change ranks at the 100th percentile of 4 prior comparable changes.
$3.5B→$4.8B4 prior comparisons
GROSSPATTERN / DETERMINISTIC EVIDENCE / V3
Search securities →NI financial changes
Ranked by interpretable importance, issuer history, magnitude, and accounting profile. No directional recommendation.
Free-cash-flow proxy decreased 278.4%
Free-cash-flow proxy changed -278.4% from the comparable as-filed period.
-$172.6M→-$653.1M2 prior comparisons
Operating margin moved 221 bp higher
Operating margin changed +221 basis points from the comparable as-filed period.
23.99%→26.20%2 prior comparisons
Net income increased 36.7%
Net income changed +36.7% from the comparable as-filed period.
$94.7M→$129.5M2 prior comparisons
Cash & equivalents decreased 39.5%
Cash & equivalents changed -39.5% from the comparable as-filed period.
$95.0M→$57.5M3 prior comparisons
Trade receivables increased 18.1%
Trade receivables changed +18.1% from the comparable as-filed period. The change ranks at the 75th percentile of 4 prior comparable changes.
$701.0M→$828.2M4 prior comparisons
Current assets increased 27.9%
Current assets changed +27.9% from the comparable as-filed period. The change ranks at the 50th percentile of 4 prior comparable changes.
$1.8B→$2.4B4 prior comparisons
Capital expenditure increased 87.3%
Capital expenditure changed +87.3% from the comparable as-filed period.
$640.5M→$1.2B2 prior comparisons
Working capital decreased 42.8%
Working capital changed -42.8% from the comparable as-filed period. The change ranks at the 0th percentile of 4 prior comparable changes.
-$1.7B→-$2.4B4 prior comparisons
Reported total debt increased 13.2%
Reported total debt changed +13.2% from the comparable as-filed period. The change ranks at the 75th percentile of 4 prior comparable changes.
$14.5B→$16.4B4 prior comparisons
Gross debt increased 13.2%
Gross debt changed +13.2% from the comparable as-filed period. The change ranks at the 75th percentile of 4 prior comparable changes.
$14.5B→$16.4B4 prior comparisons
Operating cash flow increased 16.9%
Operating cash flow changed +16.9% from the comparable as-filed period.
$467.9M→$546.8M2 prior comparisons
Capex / revenue moved 4072 bp higher
Capex / revenue changed +4072 basis points from the comparable as-filed period.
51.64%→92.36%2 prior comparisons
Short-term borrowings decreased 38.1%
Short-term borrowings changed -38.1% from the comparable as-filed period.
$1.3B→$780.0M3 prior comparisons
Operating income increased 14.4%
Operating income changed +14.4% from the comparable as-filed period.
$297.5M→$340.3M2 prior comparisons
Receivables / revenue moved 723 bp higher
Receivables / revenue changed +723 basis points from the comparable as-filed period.
56.52%→63.75%2 prior comparisons
Debt / revenue moved 9402 bp higher
Debt / revenue changed +9402 basis points from the comparable as-filed period.
1166.92%→1260.93%2 prior comparisons
Current long-term debt changed across a low base
Current long-term debt changed +3420.1% from the comparable as-filed period. The change ranks at the 50th percentile of 4 prior comparable changes. Relative percentage is de-emphasized because the comparison has a low base. This reverses 2 consecutive comparable moves in the opposite direction.
$31.3M→$1.1B4 prior comparisons
Operating cash-flow margin moved 436 bp higher
Operating cash-flow margin changed +436 basis points from the comparable as-filed period.
37.73%→42.09%2 prior comparisons
Net debt increased 13.5%
Net debt changed +13.5% from the comparable as-filed period.
$14.4B→$16.3B3 prior comparisons
Total assets increased 13.0%
Total assets changed +13.0% from the comparable as-filed period.
$34.4B→$38.9B3 prior comparisons
Free-cash-flow margin moved 3636 bp lower
Free-cash-flow margin changed -3636 basis points from the comparable as-filed period.
-13.92%→-50.27%2 prior comparisons
Revenue increased 4.7%
Revenue changed +4.7% from the comparable as-filed period.
$1.2B→$1.3B2 prior comparisons
Shares outstanding increased 0.5%
Shares outstanding changed +0.5% from the comparable as-filed period. The change ranks at the 0th percentile of 8 prior comparable changes.
477,195,529→479,668,6428 prior comparisons
Working capital / assets moved 129 bp lower
Working capital / assets changed -129 basis points from the comparable as-filed period.
-4.90%→-6.19%3 prior comparisons
Operating cash flow / net income decreased 14.5%
Operating cash flow / net income changed -14.5% from the comparable as-filed period.
4.94→4.222 prior comparisons
Cash / debt moved 31 bp lower
Cash / debt changed -31 basis points from the comparable as-filed period.
0.66%→0.35%3 prior comparisons
Current ratio decreased 5.3%
Current ratio changed -5.3% from the comparable as-filed period. The change ranks at the 0th percentile of 4 prior comparable changes.
0.52→0.54 prior comparisons
Debt / assets moved 8 bp higher
Debt / assets changed +8 basis points from the comparable as-filed period.
42.07%→42.15%3 prior comparisons
Current liabilities increased 29.4%
Current liabilities changed +29.4% from the comparable as-filed period. The change ranks at the 100th percentile of 4 prior comparable changes. This reverses 4 consecutive comparable moves in the opposite direction.
$3.4B→$4.4B4 prior comparisons
Operating margin moved 340 bp lower
Operating margin changed -340 basis points from the comparable as-filed period. This reverses 2 consecutive comparable moves in the opposite direction.
21.09%→17.69%2 prior comparisons
Free-cash-flow proxy decreased 156.1%
Free-cash-flow proxy changed -156.1% from the comparable as-filed period.
-$162.8M→-$417.0M3 prior comparisons
Operating cash flow increased 37.3%
Operating cash flow changed +37.3% from the comparable as-filed period.
$495.4M→$680.4M3 prior comparisons
Net income decreased 55.5%
Net income changed -55.5% from the comparable as-filed period. This reverses 2 consecutive comparable moves in the opposite direction.
$102.2M→$45.5M2 prior comparisons
Cash & equivalents decreased 79.1%
Cash & equivalents changed -79.1% from the comparable as-filed period.
$335.4M→$70.0M3 prior comparisons
Working capital decreased 56.7%
Working capital changed -56.7% from the comparable as-filed period. The change ranks at the 50th percentile of 4 prior comparable changes. This reverses 2 consecutive comparable moves in the opposite direction.
-$1.4B→-$2.2B4 prior comparisons
Capital expenditure increased 66.7%
Capital expenditure changed +66.7% from the comparable as-filed period.
$658.2M→$1.1B3 prior comparisons
Operating income decreased 13.2%
Operating income changed -13.2% from the comparable as-filed period. This reverses 2 consecutive comparable moves in the opposite direction.
$262.9M→$228.1M2 prior comparisons
Capex / revenue moved 3230 bp higher
Capex / revenue changed +3230 basis points from the comparable as-filed period.
52.80%→85.10%2 prior comparisons
Debt / revenue moved 4959 bp higher
Debt / revenue changed +4959 basis points from the comparable as-filed period.
1161.16%→1210.75%2 prior comparisons
Receivables / revenue moved 318 bp higher
Receivables / revenue changed +318 basis points from the comparable as-filed period.
62.46%→65.65%2 prior comparisons
Operating cash flow / net income increased 208.5%
Operating cash flow / net income changed +208.5% from the comparable as-filed period.
4.85→14.952 prior comparisons
Operating cash-flow margin moved 1302 bp higher
Operating cash-flow margin changed +1302 basis points from the comparable as-filed period.
39.74%→52.76%2 prior comparisons
Current long-term debt decreased 14.3%
Current long-term debt changed -14.3% from the comparable as-filed period. The change ranks at the 0th percentile of 4 prior comparable changes.
$1.3B→$1.1B4 prior comparisons
Free-cash-flow margin moved 1928 bp lower
Free-cash-flow margin changed -1928 basis points from the comparable as-filed period.
-13.06%→-32.34%2 prior comparisons
Total assets increased 10.3%
Total assets changed +10.3% from the comparable as-filed period.
$34.0B→$37.5B3 prior comparisons
Current assets increased 10.0%
Current assets changed +10.0% from the comparable as-filed period. The change ranks at the 0th percentile of 4 prior comparable changes.
$2.0B→$2.2B4 prior comparisons
Net debt increased 9.9%
Net debt changed +9.9% from the comparable as-filed period.
$14.1B→$15.5B3 prior comparisons
Revenue increased 3.4%
Revenue changed +3.4% from the comparable as-filed period.
$1.2B→$1.3B2 prior comparisons
Working capital / assets moved 175 bp lower
Working capital / assets changed -175 basis points from the comparable as-filed period. This reverses 2 consecutive comparable moves in the opposite direction.
-4.15%→-5.90%3 prior comparisons
Reported total debt increased 7.9%
Reported total debt changed +7.9% from the comparable as-filed period. The change ranks at the 0th percentile of 4 prior comparable changes.
$14.5B→$15.6B4 prior comparisons
Gross debt increased 7.9%
Gross debt changed +7.9% from the comparable as-filed period. The change ranks at the 0th percentile of 4 prior comparable changes.
$14.5B→$15.6B4 prior comparisons
Cash / debt moved 187 bp lower
Cash / debt changed -187 basis points from the comparable as-filed period.
2.32%→0.45%3 prior comparisons
Trade receivables increased 8.7%
Trade receivables changed +8.7% from the comparable as-filed period. The change ranks at the 0th percentile of 4 prior comparable changes.
$778.6M→$846.5M4 prior comparisons
Current ratio decreased 14.9%
Current ratio changed -14.9% from the comparable as-filed period. The change ranks at the 0th percentile of 4 prior comparable changes. This reverses 2 consecutive comparable moves in the opposite direction.
0.59→0.54 prior comparisons
Debt / assets moved 95 bp lower
Debt / assets changed -95 basis points from the comparable as-filed period. This reverses 3 consecutive comparable moves in the opposite direction.
42.53%→41.59%3 prior comparisons
Short-term borrowings changed across a zero base
Short-term borrowings changed from 0 to 692000000 USD in the comparable as-filed period. Relative percentage is de-emphasized because the comparison has a zero base.
$0→$692.0M4 prior comparisons
Shares outstanding increased 1.8%
Shares outstanding changed +1.8% from the comparable as-filed period. The change ranks at the 25th percentile of 8 prior comparable changes.
470,855,009→479,560,1008 prior comparisons
Method Importance combines metric-family relevance, magnitude, issuer-history unusualness, persistence, and financial-statement significance. It is analytical prioritization, not a legal materiality conclusion or investment signal.