Flexsteel Other Current Liab vs Total Liab Analysis

FLXS Stock  USD 37.20  0.54  1.47%   
Flexsteel Industries financial indicator trend analysis is much more than just examining Flexsteel Industries latest accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Flexsteel Industries is a good investment. Please check the relationship between Flexsteel Industries Other Current Liab and its Total Liab accounts. Check out Investing Opportunities to better understand how to build diversified portfolios, which includes a position in Flexsteel Industries. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in interest.
For more information on how to buy Flexsteel Stock please use our How to Invest in Flexsteel Industries guide.

Other Current Liab vs Total Liab

Other Current Liab vs Total Liab Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Flexsteel Industries Other Current Liab account and Total Liab. At this time, the significance of the direction appears to have fragmental relationship.
The correlation between Flexsteel Industries' Other Current Liab and Total Liab is 0.4. Overlapping area represents the amount of variation of Other Current Liab that can explain the historical movement of Total Liab in the same time period over historical financial statements of Flexsteel Industries, assuming nothing else is changed. The correlation between historical values of Flexsteel Industries' Other Current Liab and Total Liab is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Other Current Liab of Flexsteel Industries are associated (or correlated) with its Total Liab. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Total Liab has no effect on the direction of Other Current Liab i.e., Flexsteel Industries' Other Current Liab and Total Liab go up and down completely randomly.

Correlation Coefficient

0.4
Relationship DirectionPositive 
Relationship StrengthWeak

Other Current Liab

Total Liab

The total amount of all liabilities that a company has, including both short-term and long-term liabilities.
Most indicators from Flexsteel Industries' fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Flexsteel Industries 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 Flexsteel Industries. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in interest.
For more information on how to buy Flexsteel Stock please use our How to Invest in Flexsteel Industries guide.Sales General And Administrative To Revenue is likely to gain to 0.17 in 2024, whereas Selling General Administrative is likely to drop slightly above 65.7 M in 2024.
 2021 2022 2023 2024 (projected)
Gross Profit72.7M70.9M81.6M75.5M
Total Revenue544.3M393.7M452.7M351.5M

Flexsteel Industries fundamental ratios Correlations

0.40.850.740.650.590.190.9-0.010.55-0.260.080.79-0.230.260.670.35-0.150.430.590.920.090.580.860.860.06
0.40.410.63-0.280.620.880.09-0.610.6-0.12-0.60.4-0.540.840.8-0.2-0.850.920.630.34-0.070.590.610.610.12
0.850.410.720.590.510.170.76-0.040.49-0.17-0.030.73-0.090.20.680.45-0.110.40.510.830.160.540.720.720.07
0.740.630.720.220.370.520.43-0.310.32-0.28-0.30.77-0.220.30.770.34-0.270.570.370.80.090.960.660.660.54
0.65-0.280.590.220.22-0.510.880.510.19-0.230.630.60.47-0.380.190.510.55-0.240.220.710.030.10.330.33-0.04
0.590.620.510.370.220.480.48-0.280.99-0.19-0.190.4-0.290.770.680.07-0.560.791.00.37-0.240.220.780.78-0.31
0.190.880.170.52-0.510.48-0.15-0.890.480.05-0.870.26-0.620.790.69-0.36-0.880.840.480.070.090.490.390.390.21
0.90.090.760.430.880.48-0.150.210.46-0.190.350.720.030.00.470.320.140.120.480.840.10.250.650.65-0.09
-0.01-0.61-0.04-0.310.51-0.28-0.890.21-0.31-0.290.95-0.180.57-0.58-0.530.520.73-0.58-0.270.11-0.31-0.28-0.11-0.11-0.28
0.550.60.490.320.190.990.480.46-0.31-0.06-0.230.37-0.320.790.680.06-0.590.790.990.33-0.140.160.750.75-0.32
-0.26-0.12-0.17-0.28-0.23-0.190.05-0.19-0.29-0.06-0.34-0.14-0.230.110.05-0.22-0.180.0-0.2-0.250.83-0.33-0.27-0.270.04
0.08-0.6-0.03-0.30.63-0.19-0.870.350.95-0.23-0.34-0.110.59-0.58-0.470.40.73-0.58-0.180.18-0.35-0.28-0.07-0.08-0.29
0.790.40.730.770.60.40.260.72-0.180.37-0.14-0.110.050.110.780.26-0.040.360.390.870.210.690.560.560.5
-0.23-0.54-0.09-0.220.47-0.29-0.620.030.57-0.32-0.230.590.05-0.67-0.270.450.8-0.56-0.290.01-0.2-0.15-0.38-0.370.12
0.260.840.20.3-0.380.770.790.0-0.580.790.11-0.580.11-0.670.63-0.24-0.940.950.770.05-0.050.220.610.61-0.22
0.670.80.680.770.190.680.690.47-0.530.680.05-0.470.78-0.270.630.08-0.570.810.680.670.230.660.670.670.28
0.35-0.20.450.340.510.07-0.360.320.520.06-0.220.40.260.45-0.240.080.45-0.070.070.470.040.250.260.26-0.01
-0.15-0.85-0.11-0.270.55-0.56-0.880.140.73-0.59-0.180.73-0.040.8-0.94-0.570.45-0.87-0.570.04-0.05-0.23-0.44-0.440.12
0.430.920.40.57-0.240.790.840.12-0.580.790.0-0.580.36-0.560.950.81-0.07-0.870.790.29-0.030.50.70.70.01
0.590.630.510.370.221.00.480.48-0.270.99-0.2-0.180.39-0.290.770.680.07-0.570.790.37-0.250.220.780.78-0.31
0.920.340.830.80.710.370.070.840.110.33-0.250.180.870.010.050.670.470.040.290.370.150.680.690.70.28
0.09-0.070.160.090.03-0.240.090.1-0.31-0.140.83-0.350.21-0.2-0.050.230.04-0.05-0.03-0.250.15-0.02-0.1-0.090.2
0.580.590.540.960.10.220.490.25-0.280.16-0.33-0.280.69-0.150.220.660.25-0.230.50.220.68-0.020.510.510.69
0.860.610.720.660.330.780.390.65-0.110.75-0.27-0.070.56-0.380.610.670.26-0.440.70.780.69-0.10.511.0-0.14
0.860.610.720.660.330.780.390.65-0.110.75-0.27-0.080.56-0.370.610.670.26-0.440.70.780.7-0.090.511.0-0.14
0.060.120.070.54-0.04-0.310.21-0.09-0.28-0.320.04-0.290.50.12-0.220.28-0.010.120.01-0.310.280.20.69-0.14-0.14
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Flexsteel Industries Account Relationship Matchups

Flexsteel Industries fundamental ratios Accounts

201920202021202220232024 (projected)
Total Assets237.3M296.8M268.7M290.6M334.1M175.2M
Other Current Liab21.3M26.1M26.1M23.2M26.7M19.6M
Total Current Liabilities53.5M99.8M64.6M55.1M63.4M35.5M
Total Stockholder Equity175.5M168.0M131.6M141.6M162.9M126.1M
Property Plant And Equipment Net52.0M66.8M76.7M106.9M123.0M129.1M
Net Debt(36.2M)32.3M41.9M24.9M28.6M30.1M
Retained Earnings137.3M157.1M155.3M166.8M191.8M114.0M
Cash48.2M1.3M2.2M3.4M3.9M3.7M
Non Current Assets Total55.4M68.2M78.7M119.9M137.9M144.8M
Non Currrent Assets Other1.3M1.4M1.9M5.8M6.7M7.4M
Cash And Short Term Investments48.2M1.3M2.2M3.4M3.9M3.7M
Net Receivables32.2M56.0M41.1M38.2M43.9M36.9M
Common Stock Shares Outstanding8.0M7.5M6.5M5.4M6.2M7.7M
Liabilities And Stockholders Equity237.3M296.8M268.7M290.6M334.1M175.2M
Non Current Liabilities Total8.3M29.1M72.6M93.8M107.9M113.3M
Inventory70.6M161.1M141.2M122.1M140.4M147.4M
Other Current Assets18.5M9.4M5.0M6.4M7.4M7.6M
Other Stockholder Equity30.2M2.7M(31.9M)(33.5M)(30.1M)(28.6M)
Total Liab61.8M128.8M137.2M148.9M171.3M179.8M
Property Plant And Equipment Gross52.0M66.8M76.7M106.9M123.0M129.1M
Total Current Assets181.8M228.5M190.1M170.6M196.2M126.8M
Accounts Payable27.7M67.8M32.1M24.7M28.5M14.5M
Common Stock Total Equity8.0M8.1M8.2M8.3M9.5M7.8M
Common Stock8.0M8.1M8.2M8.3M9.5M7.8M
Other Liab685K29.1M823K577K663.6K630.4K
Other Assets9.1M3.4M1.4M1.9M1.7M1.7M
Property Plant Equipment52.0M66.8M76.7M38.7M44.4M45.4M
Net Tangible Assets175.5M168.0M131.6M141.6M127.5M143.2M
Non Current Liabilities Other685K29.1M34.8M65.6M75.4M79.2M
Net Invested Capital175.5M171.5M37.7M28.3M25.4M24.2M
Net Working Capital128.4M128.8M125.4M115.5M104.0M105.5M

Additional Tools for Flexsteel Stock Analysis

When running Flexsteel Industries' price analysis, check to measure Flexsteel Industries' 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 Flexsteel Industries is operating at the current time. Most of Flexsteel Industries' value examination focuses on studying past and present price action to predict the probability of Flexsteel Industries' future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Flexsteel Industries' price. Additionally, you may evaluate how the addition of Flexsteel Industries to your portfolios can decrease your overall portfolio volatility.