Fluent Reconciled Depreciation vs Operating Income 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 Reconciled Depreciation and its Operating Income 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.

Reconciled Depreciation vs Operating Income

Reconciled Depreciation vs Operating Income Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Fluent Inc Reconciled Depreciation account and Operating Income. At this time, the significance of the direction appears to have weak contrarian relationship.
The correlation between Fluent's Reconciled Depreciation and Operating Income is -0.09. Overlapping area represents the amount of variation of Reconciled Depreciation that can explain the historical movement of Operating Income 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 Reconciled Depreciation and Operating Income is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Reconciled Depreciation of Fluent Inc are associated (or correlated) with its Operating Income. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Operating Income has no effect on the direction of Reconciled Depreciation i.e., Fluent's Reconciled Depreciation and Operating Income go up and down completely randomly.

Correlation Coefficient

-0.09
Relationship DirectionNegative 
Relationship StrengthInsignificant

Reconciled Depreciation

Operating Income

Operating Income is the amount of profit realized from Fluent Inc operations after accounting for operating expenses such as cost of goods sold (COGS), wages and depreciation. Operating income takes the gross income and subtracts other operating expenses and then removes depreciation. Operating Income of Fluent Inc is typically a synonym for earnings before interest and taxes (EBIT) and is also commonly referred to as operating profit or recurring profit. Earnings before interest and taxes (EBIT), representing the amount of profit a company generates from its operations.
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 Profit85.5M93.6M67.6M50.1M
Total Revenue329.3M361.1M298.4M170.9M

Fluent fundamental ratios Correlations

0.540.510.960.93-0.110.670.690.94-0.240.410.690.730.930.630.68-0.05-0.080.80.890.710.860.670.290.390.51
0.540.880.380.44-0.70.530.860.32-0.280.160.860.940.370.830.78-0.440.380.810.80.950.240.850.220.230.65
0.510.880.330.41-0.540.780.680.32-0.330.090.680.810.380.660.6-0.220.680.660.820.840.290.670.130.330.6
0.960.380.330.90.110.560.590.99-0.190.430.590.60.980.450.60.07-0.230.720.760.590.830.50.330.380.43
0.930.440.410.9-0.150.630.540.91-0.290.480.540.650.870.590.690.0-0.080.810.830.620.920.620.170.410.39
-0.11-0.7-0.540.11-0.15-0.27-0.550.180.40.02-0.55-0.610.15-0.8-0.590.4-0.29-0.59-0.38-0.61-0.02-0.760.15-0.21-0.35
0.670.530.780.560.63-0.270.520.57-0.330.110.520.650.60.540.490.040.440.610.810.660.590.55-0.040.440.53
0.690.860.680.590.54-0.550.520.5-0.380.151.00.910.570.80.83-0.230.020.850.770.940.360.830.120.410.67
0.940.320.320.990.910.180.570.5-0.160.440.50.530.970.370.530.1-0.170.660.750.520.870.430.30.350.36
-0.24-0.28-0.33-0.19-0.290.4-0.33-0.38-0.16-0.01-0.38-0.29-0.31-0.25-0.58-0.59-0.26-0.45-0.28-0.33-0.38-0.250.29-0.86-0.09
0.410.160.090.430.480.020.110.150.44-0.010.150.180.40.20.150.07-0.090.330.30.170.460.220.350.250.07
0.690.860.680.590.54-0.550.521.00.5-0.380.150.910.570.80.83-0.230.020.850.770.940.360.830.120.410.67
0.730.940.810.60.65-0.610.650.910.53-0.290.180.910.580.90.86-0.380.170.930.880.990.410.920.260.320.76
0.930.370.380.980.870.150.60.570.97-0.310.40.570.580.380.590.22-0.130.680.750.570.820.440.290.510.42
0.630.830.660.450.59-0.80.540.80.37-0.250.20.80.90.380.76-0.480.070.880.750.870.391.00.160.250.62
0.680.780.60.60.69-0.590.490.830.53-0.580.150.830.860.590.76-0.130.040.910.750.860.490.780.130.490.61
-0.05-0.44-0.220.070.00.40.04-0.230.1-0.590.07-0.23-0.380.22-0.48-0.130.01-0.21-0.22-0.340.21-0.45-0.330.72-0.31
-0.080.380.68-0.23-0.08-0.290.440.02-0.17-0.26-0.090.020.17-0.130.070.040.010.040.310.220.010.05-0.180.1-0.05
0.80.810.660.720.81-0.590.610.850.66-0.450.330.850.930.680.880.91-0.210.040.860.910.640.90.150.460.59
0.890.80.820.760.83-0.380.810.770.75-0.280.30.770.880.750.750.75-0.220.310.860.880.710.770.190.330.58
0.710.950.840.590.62-0.610.660.940.52-0.330.170.940.990.570.870.86-0.340.220.910.880.40.90.210.350.74
0.860.240.290.830.92-0.020.590.360.87-0.380.460.360.410.820.390.490.210.010.640.710.40.420.020.440.1
0.670.850.670.50.62-0.760.550.830.43-0.250.220.830.920.441.00.78-0.450.050.90.770.90.420.190.280.65
0.290.220.130.330.170.15-0.040.120.30.290.350.120.260.290.160.13-0.33-0.180.150.190.210.020.19-0.180.53
0.390.230.330.380.41-0.210.440.410.35-0.860.250.410.320.510.250.490.720.10.460.330.350.440.28-0.180.22
0.510.650.60.430.39-0.350.530.670.36-0.090.070.670.760.420.620.61-0.31-0.050.590.580.740.10.650.530.22
Click cells to compare fundamentals

Fluent Account Relationship Matchups

Fluent fundamental ratios Accounts

201920202021202220232024 (projected)
Total Assets317.1M310.2M318.2M184.0M111.9M187.1M
Other Current Liab20.4M31.6M33.9M35.6M30.5M19.3M
Total Current Liabilities52.2M50.2M57.9M50.2M49.2M35.3M
Total Stockholder Equity210.9M216.9M213.4M94.0M34.4M32.7M
Net Debt43.6M29.1M18.8M21.2M18.7M13.8M
Retained Earnings(187.1M)(184.9M)(195.0M)(318.3M)(381.5M)(362.4M)
Accounts Payable21.6M7.7M16.1M6.2M11.0M9.7M
Cash18.7M21.1M34.5M25.5M15.8M16.5M
Non Current Assets Total235.6M224.0M211.0M91.8M33.5M31.8M
Non Currrent Assets Other2.5M3.0M1.9M1.7M1.4M1.3M
Other Assets2.5M11.3M(1K)1.7M2.0M1.9M
Cash And Short Term Investments18.7M21.1M34.5M25.5M15.8M16.5M
Net Receivables60.9M62.7M70.2M63.2M56.5M34.6M
Good Will159.8M164.8M165.1M55.1M1.3M1.2M
Common Stock Total Equity38K39K40K42K48.3K50.7K
Common Stock Shares Outstanding13.2M13.3M13.3M13.6M13.8M9.1M
Liabilities And Stockholders Equity317.1M310.2M318.2M184.0M111.9M187.1M
Non Current Liabilities Total53.9M43.1M46.8M39.8M28.2M42.0M
Other Current Assets1.9M2.4M2.5M3.5M6.1M3.3M
Other Stockholder Equity398.0M401.8M408.3M412.2M415.9M282.3M
Total Liab106.2M93.3M104.8M90.0M77.5M67.4M
Total Current Assets81.5M86.2M107.2M92.2M78.4M52.3M
Intangible Assets55.6M45.4M35.7M28.7M26.8M40.2M
Common Stock38K39K40K42K43K45.2K
Property Plant Equipment2.9M10.5M1.5M964K1.1M1.1M
Short Long Term Debt Total62.3M50.2M53.2M46.7M34.5M46.8M
Property Plant And Equipment Net12.7M10.5M8.3M6.2M4.0M3.9M
Current Deferred Revenue1.1M1.4M651K1.0M430K741.5K
Property Plant And Equipment Gross12.7M10.5M1.5M964K7.0M7.4M
Short Term Debt9.2M9.6M7.2M7.4M7.3M6.8M
Other Liab109K2.0M389K180K162K153.9K
Net Tangible Assets(9.4M)6.4M12.6M10.1M11.6M12.2M
Long Term Debt44.1M33.3M40.3M35.6M25.5M42.4M
Retained Earnings Total Equity(187.1M)(184.9M)(195.0M)(318.3M)(286.5M)(272.1M)
Capital Surpluse406.2M411.8M419.1M423.4M486.9M394.8M
Treasury Stock(8.2M)(10.0M)(10.7M)(11.2M)(12.8M)(13.5M)
Long Term Debt Total52.0M44.1M33.3M40.3M36.3M37.1M
Short Long Term Debt3.5M6.9M7.3M5M5.8M5.1M
Non Current Liabilities Other775K2.5M811K458K1.1M1.7M

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.
Pair CorrelationCorrelation Matching
When determining whether Fluent Inc is a good investment, qualitative aspects like company management, corporate governance, and ethical practices play a significant role. A comparison with peer companies also provides context and helps to understand if Fluent Stock is undervalued or overvalued. This multi-faceted approach, blending both quantitative and qualitative analysis, forms a solid foundation for making an informed investment decision about Fluent Inc Stock. Highlighted below are key reports to facilitate an investment decision about Fluent Inc Stock:
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 Portfolio Backtesting module to avoid under-diversification and over-optimization by backtesting your portfolios.

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.
Portfolio Volatility
Check portfolio volatility and analyze historical return density to properly model market risk
Portfolio Analyzer
Portfolio analysis module that provides access to portfolio diagnostics and optimization engine
My Watchlist Analysis
Analyze my current watchlist and to refresh optimization strategy. Macroaxis watchlist is based on self-learning algorithm to remember stocks you like
Portfolio Comparator
Compare the composition, asset allocations and performance of any two portfolios in your account
Risk-Return Analysis
View associations between returns expected from investment and the risk you assume
Sign In To Macroaxis
Sign in to explore Macroaxis' wealth optimization platform and fintech modules
Alpha Finder
Use alpha and beta coefficients to find investment opportunities after accounting for the risk
Insider Screener
Find insiders across different sectors to evaluate their impact on performance
Crypto Correlations
Use cryptocurrency correlation module to diversify your cryptocurrency portfolio across multiple coins
Odds Of Bankruptcy
Get analysis of equity chance of financial distress in the next 2 years
ETF Categories
List of ETF categories grouped based on various criteria, such as the investment strategy or type of investments
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.