Flex Current Deferred Revenue vs Property Plant And Equipment Net Analysis

FLEX Stock  USD 29.33  0.34  1.17%   
Flex financial indicator trend analysis is much more than just examining Flex latest accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Flex is a good investment. Please check the relationship between Flex Current Deferred Revenue and its Property Plant And Equipment Net accounts. Check out Investing Opportunities to better understand how to build diversified portfolios, which includes a position in Flex. 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 Flex Stock please use our How to Invest in Flex guide.

Current Deferred Revenue vs Property Plant And Equipment Net

Current Deferred Revenue vs Property Plant And Equipment Net Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Flex Current Deferred Revenue account and Property Plant And Equipment Net. At this time, the significance of the direction appears to have weak relationship.
The correlation between Flex's Current Deferred Revenue and Property Plant And Equipment Net is 0.39. Overlapping area represents the amount of variation of Current Deferred Revenue that can explain the historical movement of Property Plant And Equipment Net in the same time period over historical financial statements of Flex, assuming nothing else is changed. The correlation between historical values of Flex's Current Deferred Revenue and Property Plant And Equipment Net is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Current Deferred Revenue of Flex are associated (or correlated) with its Property Plant And Equipment Net. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Property Plant And Equipment Net has no effect on the direction of Current Deferred Revenue i.e., Flex's Current Deferred Revenue and Property Plant And Equipment Net go up and down completely randomly.

Correlation Coefficient

0.39
Relationship DirectionPositive 
Relationship StrengthVery Weak

Current Deferred Revenue

Revenue that has been collected but not yet earned, typically from prepaid service contracts or subscriptions. This amount is considered a liability until the service is provided or the subscription period ends.

Property Plant And Equipment Net

The total value of a company's physical assets (such as land, buildings, and equipment) used in operations, net of depreciation. It reflects the company's investment in assets used for production.
Most indicators from Flex's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Flex 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 Flex. 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 Flex Stock please use our How to Invest in Flex guide.At this time, Flex's Issuance Of Capital Stock is fairly stable compared to the past year. Enterprise Value Over EBITDA is likely to rise to 17.07 in 2024, whereas Selling General Administrative is likely to drop slightly above 730.7 M in 2024.
 2021 2022 2023 2024 (projected)
Gross Profit1.9B2.3B2.0B1.2B
Total Revenue26.0B30.3B26.4B19.2B

Flex fundamental ratios Correlations

0.940.450.980.940.930.730.120.910.970.930.50.970.940.390.960.850.990.990.390.540.37-0.340.60.60.93
0.940.310.910.860.890.880.190.880.950.920.40.950.930.280.970.750.950.920.50.610.17-0.240.490.470.87
0.450.310.560.250.620.14-0.680.630.390.370.010.390.460.810.40.220.520.47-0.040.010.84-0.05-0.120.830.54
0.980.910.560.860.930.68-0.030.950.940.870.420.940.930.490.910.790.990.980.450.480.48-0.230.50.670.89
0.940.860.250.860.830.640.340.740.90.890.680.90.850.230.890.910.890.920.310.550.25-0.570.780.470.89
0.930.890.620.930.830.72-0.130.930.890.920.430.890.890.60.930.720.950.90.310.480.48-0.350.390.770.98
0.730.880.140.680.640.720.190.740.680.840.220.680.710.170.830.520.740.660.490.750.03-0.180.240.30.7
0.120.19-0.68-0.030.34-0.130.19-0.190.160.170.490.160.07-0.770.140.390.030.10.160.31-0.68-0.330.66-0.66-0.02
0.910.880.630.950.740.930.74-0.190.850.860.290.850.890.60.880.670.950.890.410.520.51-0.140.290.720.86
0.970.950.390.940.90.890.680.160.850.850.471.00.950.310.940.80.960.970.430.430.23-0.240.590.520.87
0.930.920.370.870.890.920.840.170.860.850.490.850.820.350.940.80.910.870.350.750.32-0.430.530.540.92
0.50.40.010.420.680.430.220.490.290.470.490.470.480.060.390.770.420.490.260.24-0.04-0.80.810.140.55
0.970.950.390.940.90.890.680.160.851.00.850.470.950.310.940.80.960.970.430.430.23-0.240.590.520.87
0.940.930.460.930.850.890.710.070.890.950.820.480.950.40.920.750.940.950.420.380.26-0.240.490.560.86
0.390.280.810.490.230.60.17-0.770.60.310.350.060.310.40.320.240.440.390.050.10.81-0.17-0.10.920.53
0.960.970.40.910.890.930.830.140.880.940.940.390.940.920.320.750.960.930.310.580.26-0.30.490.540.92
0.850.750.220.790.910.720.520.390.670.80.80.770.80.750.240.750.80.840.340.590.22-0.630.890.360.77
0.990.950.520.990.890.950.740.030.950.960.910.420.960.940.440.960.80.980.410.530.42-0.260.50.640.92
0.990.920.470.980.920.90.660.10.890.970.870.490.970.950.390.930.840.980.40.440.38-0.30.60.60.9
0.390.5-0.040.450.310.310.490.160.410.430.350.260.430.420.050.310.340.410.40.32-0.06-0.010.230.070.29
0.540.610.010.480.550.480.750.310.520.430.750.240.430.380.10.580.590.530.440.320.11-0.320.410.130.48
0.370.170.840.480.250.480.03-0.680.510.230.32-0.040.230.260.810.260.220.420.38-0.060.11-0.16-0.050.840.44
-0.34-0.24-0.05-0.23-0.57-0.35-0.18-0.33-0.14-0.24-0.43-0.8-0.24-0.24-0.17-0.3-0.63-0.26-0.3-0.01-0.32-0.16-0.67-0.24-0.5
0.60.49-0.120.50.780.390.240.660.290.590.530.810.590.49-0.10.490.890.50.60.230.41-0.05-0.670.020.49
0.60.470.830.670.470.770.3-0.660.720.520.540.140.520.560.920.540.360.640.60.070.130.84-0.240.020.73
0.930.870.540.890.890.980.7-0.020.860.870.920.550.870.860.530.920.770.920.90.290.480.44-0.50.490.73
Click cells to compare fundamentals

Flex Account Relationship Matchups

Flex fundamental ratios Accounts

201920202021202220232024 (projected)
Total Assets13.7B15.8B19.3B21.4B18.3B10.8B
Short Long Term Debt Total3.4B4.3B4.7B4.3B3.8B2.2B
Other Current Liab1.6B1.8B1.5B1.6B1.5B1.2B
Total Current Liabilities7.2B7.8B10.7B10.9B8.5B5.3B
Total Stockholder Equity2.8B3.4B4.1B5.4B5.3B3.2B
Property Plant And Equipment Net2.8B2.7B2.8B3.0B2.9B1.9B
Net Debt1.4B1.7B1.8B1.1B1.3B804.7M
Retained Earnings(2.9B)(2.3B)(1.4B)(560M)(504M)(529.2M)
Accounts Payable5.1B5.2B6.3B5.9B4.5B3.4B
Cash1.9B2.6B3.0B3.3B2.5B1.4B
Non Current Assets Total4.6B4.5B5.0B5.4B5.3B3.8B
Non Currrent Assets Other455.3M431M473M758M1.0B1.1B
Cash And Short Term Investments1.9B2.6B3.0B3.3B2.5B1.4B
Net Receivables2.7B4.2B3.9B4.3B3.3B2.1B
Common Stock Shares Outstanding512.4M506M483M462M441M524.6M
Liabilities And Stockholders Equity13.7B15.8B19.3B21.4B18.3B10.8B
Non Current Liabilities Total3.6B4.6B4.4B4.8B4.4B2.3B
Inventory3.8B3.9B6.6B7.5B6.2B6.5B
Total Liab10.9B12.4B15.1B15.7B12.9B7.6B
Total Current Assets9.1B11.4B14.3B16.0B13.0B7.0B
Short Term Debt149.1M268M949M150M172.5M173.7M
Intangible Assets262.4M213M411M316M245M391.6M
Other Current Assets660.1M590M903M917M1.0B759.3M
Current Deferred Revenue363.6M473M2.0B3.1B2.6B2.7B
Common Stock Total Equity6.3B6.2B6.1B6.5B7.5B4.8B
Property Plant And Equipment Gross2.8B2.7B2.8B3.0B3.4B2.1B
Accumulated Other Comprehensive Income(214.7M)(119M)(182M)(194M)(174.6M)(165.9M)
Common Stock6.3B6.2B6.1B6.5B5.3B5.3B
Other Liab507.6M412.3M489M608M699.2M375.5M
Other Assets233.9M327.2M431M473M425.7M422.4M
Long Term Debt2.7B3.5B3.2B3.7B4.2B2.4B
Property Plant Equipment2.2B2.1B2.8B2.3B2.7B2.3B
Good Will1.1B1.1B1.3B1.3B1.1B1.1B
Net Tangible Assets2.0B2.7B2.4B3.7B4.2B2.2B
Retained Earnings Total Equity(2.9B)(2.3B)(1.4B)(560M)(644M)(676.2M)

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When determining whether Flex offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of Flex's financial statements, including income statements, balance sheets, and cash flow statements, to assess its financial health. Key financial ratios are used to gauge profitability, efficiency, and growth potential of Flex Stock. Outlined below are crucial reports that will aid in making a well-informed decision on Flex Stock:
Check out Investing Opportunities to better understand how to build diversified portfolios, which includes a position in Flex. 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 Flex Stock please use our How to Invest in Flex guide.
Note that the Flex information on this page should be used as a complementary analysis to other Flex'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 Earnings Calls module to check upcoming earnings announcements updated hourly across public exchanges.

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When running Flex's price analysis, check to measure Flex'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 Flex is operating at the current time. Most of Flex's value examination focuses on studying past and present price action to predict the probability of Flex's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Flex's price. Additionally, you may evaluate how the addition of Flex to your portfolios can decrease your overall portfolio volatility.
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Is Flex'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 Flex. If investors know Flex 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 Flex listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Quarterly Earnings Growth
2.004
Earnings Share
1.5
Revenue Per Share
59.898
Quarterly Revenue Growth
(0.17)
Return On Assets
0.0324
The market value of Flex is measured differently than its book value, which is the value of Flex that is recorded on the company's balance sheet. Investors also form their own opinion of Flex's value that differs from its market value or its book value, called intrinsic value, which is Flex'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 Flex's market value can be influenced by many factors that don't directly affect Flex'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 Flex's value and its price as these two are different measures arrived at by different means. Investors typically determine if Flex is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Flex'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.