Flex Property Plant And Equipment Gross vs Accounts Payable 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 Property Plant And Equipment Gross and its Accounts Payable 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.
Property Plant And Equipment Gross vs Accounts Payable
Property Plant And Equipment Gross vs Accounts Payable Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Flex Property Plant And Equipment Gross account and Accounts Payable. At this time, the significance of the direction appears to have very strong relationship.
The correlation between Flex's Property Plant And Equipment Gross and Accounts Payable is 0.86. Overlapping area represents the amount of variation of Property Plant And Equipment Gross that can explain the historical movement of Accounts Payable in the same time period over historical financial statements of Flex, assuming nothing else is changed. The correlation between historical values of Flex's Property Plant And Equipment Gross and Accounts Payable is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Property Plant And Equipment Gross of Flex are associated (or correlated) with its Accounts Payable. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Accounts Payable has no effect on the direction of Property Plant And Equipment Gross i.e., Flex's Property Plant And Equipment Gross and Accounts Payable go up and down completely randomly.
Correlation Coefficient | 0.86 |
Relationship Direction | Positive |
Relationship Strength | Strong |
Property Plant And Equipment Gross
Accounts Payable
An accounting item on the balance sheet that represents Flex obligation to pay off a short-term debt to its creditors. The accounts payable entry is usually reported under current liabilities. If accounts payable of Flex are not paid within the agreed terms, the payables are considered to be in default, which may trigger a penalty or interest payment, or the revocation of additional credit from the supplier. Accounts payable may also be considered a source of cash, since they represent funds being borrowed from suppliers. Given these cash flow considerations, suppliers have a natural inclination to push for shorter payment terms, while creditors want to lengthen the payment terms. The amount a company owes to suppliers or vendors for products or services received but not yet paid for. It represents the company's short-term liabilities.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 Profit | 1.9B | 2.3B | 2.0B | 1.2B | Total Revenue | 26.0B | 30.3B | 26.4B | 19.2B |
Flex fundamental ratios Correlations
Click cells to compare fundamentals
Flex Account Relationship Matchups
High Positive Relationship
High Negative Relationship
Flex fundamental ratios Accounts
2019 | 2020 | 2021 | 2022 | 2023 | 2024 (projected) | ||
Total Assets | 13.7B | 15.8B | 19.3B | 21.4B | 18.3B | 10.8B | |
Short Long Term Debt Total | 3.4B | 4.3B | 4.7B | 4.3B | 3.8B | 2.2B | |
Other Current Liab | 1.6B | 1.8B | 1.5B | 1.6B | 1.5B | 1.2B | |
Total Current Liabilities | 7.2B | 7.8B | 10.7B | 10.9B | 8.5B | 5.3B | |
Total Stockholder Equity | 2.8B | 3.4B | 4.1B | 5.4B | 5.3B | 3.2B | |
Property Plant And Equipment Net | 2.8B | 2.7B | 2.8B | 3.0B | 2.9B | 1.9B | |
Net Debt | 1.4B | 1.7B | 1.8B | 1.1B | 1.3B | 804.7M | |
Retained Earnings | (2.9B) | (2.3B) | (1.4B) | (560M) | (504M) | (529.2M) | |
Accounts Payable | 5.1B | 5.2B | 6.3B | 5.9B | 4.5B | 3.4B | |
Cash | 1.9B | 2.6B | 3.0B | 3.3B | 2.5B | 1.4B | |
Non Current Assets Total | 4.6B | 4.5B | 5.0B | 5.4B | 5.3B | 3.8B | |
Non Currrent Assets Other | 455.3M | 431M | 473M | 758M | 1.0B | 1.1B | |
Cash And Short Term Investments | 1.9B | 2.6B | 3.0B | 3.3B | 2.5B | 1.4B | |
Net Receivables | 2.7B | 4.2B | 3.9B | 4.3B | 3.3B | 2.1B | |
Common Stock Shares Outstanding | 512.4M | 506M | 483M | 462M | 441M | 524.6M | |
Liabilities And Stockholders Equity | 13.7B | 15.8B | 19.3B | 21.4B | 18.3B | 10.8B | |
Non Current Liabilities Total | 3.6B | 4.6B | 4.4B | 4.8B | 4.4B | 2.3B | |
Inventory | 3.8B | 3.9B | 6.6B | 7.5B | 6.2B | 6.5B | |
Total Liab | 10.9B | 12.4B | 15.1B | 15.7B | 12.9B | 7.6B | |
Total Current Assets | 9.1B | 11.4B | 14.3B | 16.0B | 13.0B | 7.0B | |
Short Term Debt | 149.1M | 268M | 949M | 150M | 172.5M | 173.7M | |
Intangible Assets | 262.4M | 213M | 411M | 316M | 245M | 391.6M | |
Other Current Assets | 660.1M | 590M | 903M | 917M | 1.0B | 759.3M | |
Current Deferred Revenue | 363.6M | 473M | 2.0B | 3.1B | 2.6B | 2.7B | |
Common Stock Total Equity | 6.3B | 6.2B | 6.1B | 6.5B | 7.5B | 4.8B | |
Property Plant And Equipment Gross | 2.8B | 2.7B | 2.8B | 3.0B | 3.4B | 2.1B | |
Accumulated Other Comprehensive Income | (214.7M) | (119M) | (182M) | (194M) | (174.6M) | (165.9M) | |
Common Stock | 6.3B | 6.2B | 6.1B | 6.5B | 5.3B | 5.3B | |
Other Liab | 507.6M | 412.3M | 489M | 608M | 699.2M | 375.5M | |
Other Assets | 233.9M | 327.2M | 431M | 473M | 425.7M | 422.4M | |
Long Term Debt | 2.7B | 3.5B | 3.2B | 3.7B | 4.2B | 2.4B | |
Property Plant Equipment | 2.2B | 2.1B | 2.8B | 2.3B | 2.7B | 2.3B | |
Good Will | 1.1B | 1.1B | 1.3B | 1.3B | 1.1B | 1.1B | |
Net Tangible Assets | 2.0B | 2.7B | 2.4B | 3.7B | 4.2B | 2.2B | |
Retained Earnings Total Equity | (2.9B) | (2.3B) | (1.4B) | (560M) | (644M) | (676.2M) |
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Try AI Portfolio ArchitectCheck 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 Idea Optimizer module to use advanced portfolio builder with pre-computed micro ideas to build optimal portfolio .
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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.