Fluent Depreciation And Amortization vs Income Before Tax Analysis
FLNT Stock | USD 3.39 0.18 5.04% |
Fluent financial indicator trend analysis is much more than just examining Fluent Inc latest accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Fluent Inc is a good investment. Please check the relationship between Fluent Depreciation And Amortization and its Income Before Tax accounts. Check out Investing Opportunities to better understand how to build diversified portfolios, which includes a position in Fluent Inc. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in board of governors.
Depreciation And Amortization vs Income Before Tax
Depreciation And Amortization vs Income Before Tax Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Fluent Inc Depreciation And Amortization account and Income Before Tax. At this time, the significance of the direction appears to have significant contrarian relationship.
The correlation between Fluent's Depreciation And Amortization and Income Before Tax is -0.23. Overlapping area represents the amount of variation of Depreciation And Amortization that can explain the historical movement of Income Before Tax in the same time period over historical financial statements of Fluent Inc, assuming nothing else is changed. The correlation between historical values of Fluent's Depreciation And Amortization and Income Before Tax is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Depreciation And Amortization of Fluent Inc are associated (or correlated) with its Income Before Tax. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Income Before Tax has no effect on the direction of Depreciation And Amortization i.e., Fluent's Depreciation And Amortization and Income Before Tax go up and down completely randomly.
Correlation Coefficient | -0.23 |
Relationship Direction | Negative |
Relationship Strength | Insignificant |
Depreciation And Amortization
The systematic reduction in the recorded value of an intangible asset. This includes the allocation of the cost of tangible assets to periods in which the assets are used, representing the expense related to the wear and tear, deterioration, or obsolescence of physical assets and intangible assets over their useful lives.Income Before Tax
Income Before Tax which can also be referred as pre-tax income is reported on Fluent income statement and is an important metric when analyzing Fluent Inc profitability. Accounting techniques because taxes can be complex, and not perfectly consistent from one company to company, an analyst may use pre-tax income as a more stable measure of profitability.Most indicators from Fluent's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Fluent Inc 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 Fluent Inc. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in board of governors. At this time, Fluent's Tax Provision is comparatively stable compared to the past year. Enterprise Value Over EBITDA is likely to gain to 25.56 in 2024, whereas Issuance Of Capital Stock is likely to drop 0.00 in 2024.
2021 | 2022 | 2023 | 2024 (projected) | Gross Profit | 85.5M | 93.6M | 67.6M | 50.1M | Total Revenue | 329.3M | 361.1M | 298.4M | 170.9M |
Fluent fundamental ratios Correlations
Click cells to compare fundamentals
Fluent Account Relationship Matchups
High Positive Relationship
High Negative Relationship
Fluent fundamental ratios Accounts
2019 | 2020 | 2021 | 2022 | 2023 | 2024 (projected) | ||
Total Assets | 317.1M | 310.2M | 318.2M | 184.0M | 111.9M | 187.1M | |
Other Current Liab | 20.4M | 31.6M | 33.9M | 35.6M | 30.5M | 19.3M | |
Total Current Liabilities | 52.2M | 50.2M | 57.9M | 50.2M | 49.2M | 35.3M | |
Total Stockholder Equity | 210.9M | 216.9M | 213.4M | 94.0M | 34.4M | 32.7M | |
Net Debt | 43.6M | 29.1M | 18.8M | 21.2M | 18.7M | 13.8M | |
Retained Earnings | (187.1M) | (184.9M) | (195.0M) | (318.3M) | (381.5M) | (362.4M) | |
Accounts Payable | 21.6M | 7.7M | 16.1M | 6.2M | 11.0M | 9.7M | |
Cash | 18.7M | 21.1M | 34.5M | 25.5M | 15.8M | 16.5M | |
Non Current Assets Total | 235.6M | 224.0M | 211.0M | 91.8M | 33.5M | 31.8M | |
Non Currrent Assets Other | 2.5M | 3.0M | 1.9M | 1.7M | 1.4M | 1.3M | |
Other Assets | 2.5M | 11.3M | (1K) | 1.7M | 2.0M | 1.9M | |
Cash And Short Term Investments | 18.7M | 21.1M | 34.5M | 25.5M | 15.8M | 16.5M | |
Net Receivables | 60.9M | 62.7M | 70.2M | 63.2M | 56.5M | 34.6M | |
Good Will | 159.8M | 164.8M | 165.1M | 55.1M | 1.3M | 1.2M | |
Common Stock Total Equity | 38K | 39K | 40K | 42K | 48.3K | 50.7K | |
Common Stock Shares Outstanding | 13.2M | 13.3M | 13.3M | 13.6M | 13.8M | 9.1M | |
Liabilities And Stockholders Equity | 317.1M | 310.2M | 318.2M | 184.0M | 111.9M | 187.1M | |
Non Current Liabilities Total | 53.9M | 43.1M | 46.8M | 39.8M | 28.2M | 42.0M | |
Other Current Assets | 1.9M | 2.4M | 2.5M | 3.5M | 6.1M | 3.3M | |
Other Stockholder Equity | 398.0M | 401.8M | 408.3M | 412.2M | 415.9M | 282.3M | |
Total Liab | 106.2M | 93.3M | 104.8M | 90.0M | 77.5M | 67.4M | |
Total Current Assets | 81.5M | 86.2M | 107.2M | 92.2M | 78.4M | 52.3M | |
Intangible Assets | 55.6M | 45.4M | 35.7M | 28.7M | 26.8M | 40.2M | |
Common Stock | 38K | 39K | 40K | 42K | 43K | 45.2K | |
Property Plant Equipment | 2.9M | 10.5M | 1.5M | 964K | 1.1M | 1.1M | |
Short Long Term Debt Total | 62.3M | 50.2M | 53.2M | 46.7M | 34.5M | 46.8M | |
Property Plant And Equipment Net | 12.7M | 10.5M | 8.3M | 6.2M | 4.0M | 3.9M | |
Current Deferred Revenue | 1.1M | 1.4M | 651K | 1.0M | 430K | 741.5K | |
Property Plant And Equipment Gross | 12.7M | 10.5M | 1.5M | 964K | 7.0M | 7.4M | |
Short Term Debt | 9.2M | 9.6M | 7.2M | 7.4M | 7.3M | 6.8M | |
Other Liab | 109K | 2.0M | 389K | 180K | 162K | 153.9K | |
Net Tangible Assets | (9.4M) | 6.4M | 12.6M | 10.1M | 11.6M | 12.2M | |
Long Term Debt | 44.1M | 33.3M | 40.3M | 35.6M | 25.5M | 42.4M | |
Retained Earnings Total Equity | (187.1M) | (184.9M) | (195.0M) | (318.3M) | (286.5M) | (272.1M) | |
Capital Surpluse | 406.2M | 411.8M | 419.1M | 423.4M | 486.9M | 394.8M | |
Treasury Stock | (8.2M) | (10.0M) | (10.7M) | (11.2M) | (12.8M) | (13.5M) | |
Long Term Debt Total | 52.0M | 44.1M | 33.3M | 40.3M | 36.3M | 37.1M | |
Short Long Term Debt | 3.5M | 6.9M | 7.3M | 5M | 5.8M | 5.1M | |
Non Current Liabilities Other | 775K | 2.5M | 811K | 458K | 1.1M | 1.7M |
Pair Trading with Fluent
One of the main advantages of trading using pair correlations is that every trade hedges away some risk. Because there are two separate transactions required, even if Fluent position performs unexpectedly, the other equity can make up some of the losses. Pair trading also minimizes risk from directional movements in the market. For example, if an entire industry or sector drops because of unexpected headlines, the short position in Fluent will appreciate offsetting losses from the drop in the long position's value.The ability to find closely correlated positions to Fluent could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Fluent when you sell it. If you don't do this, your portfolio allocation will be skewed against your target asset allocation. So, investors can't just sell and buy back Fluent - that would be a violation of the tax code under the "wash sale" rule, and this is why you need to find a similar enough asset and use the proceeds from selling Fluent Inc to buy it.
The correlation of Fluent is a statistical measure of how it moves in relation to other instruments. This measure is expressed in what is known as the correlation coefficient, which ranges between -1 and +1. A perfect positive correlation (i.e., a correlation coefficient of +1) implies that as Fluent moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Fluent Inc moves in either direction, the perfectly negatively correlated security will move in the opposite direction. If the correlation is 0, the equities are not correlated; they are entirely random. A correlation greater than 0.8 is generally described as strong, whereas a correlation less than 0.5 is generally considered weak.
Correlation analysis and pair trading evaluation for Fluent can also be used as hedging techniques within a particular sector or industry or even over random equities to generate a better risk-adjusted return on your portfolios.Check out Investing Opportunities to better understand how to build diversified portfolios, which includes a position in Fluent Inc. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in board of governors. You can also try the Price Exposure Probability module to analyze equity upside and downside potential for a given time horizon across multiple markets.
Complementary Tools for Fluent Stock analysis
When running Fluent's price analysis, check to measure Fluent'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 Fluent is operating at the current time. Most of Fluent's value examination focuses on studying past and present price action to predict the probability of Fluent's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Fluent's price. Additionally, you may evaluate how the addition of Fluent to your portfolios can decrease your overall portfolio volatility.
Balance Of Power Check stock momentum by analyzing Balance Of Power indicator and other technical ratios | |
Equity Analysis Research over 250,000 global equities including funds, stocks and ETFs to find investment opportunities | |
Portfolio Anywhere Track or share privately all of your investments from the convenience of any device | |
Options Analysis Analyze and evaluate options and option chains as a potential hedge for your portfolios | |
Efficient Frontier Plot and analyze your portfolio and positions against risk-return landscape of the market. | |
USA ETFs Find actively traded Exchange Traded Funds (ETF) in USA | |
Price Exposure Probability Analyze equity upside and downside potential for a given time horizon across multiple markets | |
Commodity Channel Use Commodity Channel Index to analyze current equity momentum | |
CEOs Directory Screen CEOs from public companies around the world | |
Stock Tickers Use high-impact, comprehensive, and customizable stock tickers that can be easily integrated to any websites | |
Fundamental Analysis View fundamental data based on most recent published financial statements | |
Premium Stories Follow Macroaxis premium stories from verified contributors across different equity types, categories and coverage scope | |
Global Markets Map Get a quick overview of global market snapshot using zoomable world map. Drill down to check world indexes |
Is Fluent'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 Fluent. If investors know Fluent 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 Fluent 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 335.267 | Earnings Share 6.72 | Revenue Per Share 20.757 | Quarterly Revenue Growth (0.15) | Return On Assets (0.03) |
The market value of Fluent Inc is measured differently than its book value, which is the value of Fluent that is recorded on the company's balance sheet. Investors also form their own opinion of Fluent's value that differs from its market value or its book value, called intrinsic value, which is Fluent'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 Fluent's market value can be influenced by many factors that don't directly affect Fluent'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 Fluent's value and its price as these two are different measures arrived at by different means. Investors typically determine if Fluent is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Fluent'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.