Flexsteel Other Current Assets from 2010 to 2024

FLXS Stock  USD 37.61  1.02  2.64%   
Flexsteel Industries Other Current Assets yearly trend continues to be comparatively stable with very little volatility. Other Current Assets are likely to outpace its year average in 2024. Other Current Assets is assets expected to be converted into cash, sold, or consumed either in one year or in the operating cycle, which are not included under standard current asset categories. View All Fundamentals
 
Other Current Assets  
First Reported
1986-06-30
Previous Quarter
9.2 M
Current Value
8.5 M
Quarterly Volatility
5.3 M
 
Black Monday
 
Oil Shock
 
Dot-com Bubble
 
Housing Crash
 
Credit Downgrade
 
Yuan Drop
 
Covid
Check Flexsteel Industries financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among Flexsteel main balance sheet or income statement drivers, such as Depreciation And Amortization of 5.3 M, Interest Expense of 1.5 M or Total Revenue of 351.5 M, as well as many exotic indicators such as Price To Sales Ratio of 0.46, Dividend Yield of 0.037 or PTB Ratio of 1.24. Flexsteel financial statements analysis is a perfect complement when working with Flexsteel Industries Valuation or Volatility modules.
  
This module can also supplement various Flexsteel Industries Technical models . Check out the analysis of Flexsteel Industries Correlation against competitors.
For more information on how to buy Flexsteel Stock please use our How to Invest in Flexsteel Industries guide.

Latest Flexsteel Industries' Other Current Assets Growth Pattern

Below is the plot of the Other Current Assets of Flexsteel Industries over the last few years. It is assets expected to be converted into cash, sold, or consumed either in one year or in the operating cycle, which are not included under standard current asset categories. Flexsteel Industries' Other Current Assets historical data analysis aims to capture in quantitative terms the overall pattern of either growth or decline in Flexsteel Industries' overall financial position and show how it may be relating to other accounts over time.
Other Current Assets10 Years Trend
Pretty Stable
   Other Current Assets   
       Timeline  

Flexsteel Other Current Assets Regression Statistics

Arithmetic Mean8,284,545
Geometric Mean7,161,293
Coefficient Of Variation47.18
Mean Deviation2,700,958
Median7,622,628
Standard Deviation3,908,715
Sample Variance15.3T
Range17.6M
R-Value0.22
Mean Square Error15.6T
R-Squared0.05
Significance0.42
Slope195,074
Total Sum of Squares213.9T

Flexsteel Other Current Assets History

20247.6 M
20237.4 M
20226.4 M
2021M
20209.4 M
201918.5 M
201811.9 M

About Flexsteel Industries Financial Statements

There are typically three primary documents that fall into the category of financial statements. These documents include Flexsteel Industries income statement, its balance sheet, and the statement of cash flows. Flexsteel Industries investors use historical funamental indicators, such as Flexsteel Industries's Other Current Assets, to determine how well the company is positioned to perform in the future. Although Flexsteel Industries investors may use each financial statement separately, they are all related. The changes in Flexsteel Industries's assets and liabilities, for example, are also reflected in the revenues and expenses that we see on Flexsteel Industries's income statement, which results in the company's gains or losses. Cash flows can provide more information regarding cash listed on a balance sheet, but not equivalent to net income shown on the income statement. We offer a historical overview of the basic patterns found on Flexsteel Industries Financial Statements. Understanding these patterns can help to make the right decision on long term investment in Flexsteel Industries. Please read more on our technical analysis and fundamental analysis pages.
Last ReportedProjected for Next Year
Other Current Assets7.4 M7.6 M

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When determining whether Flexsteel Industries is a strong investment it is important to analyze Flexsteel Industries' competitive position within its industry, examining market share, product or service uniqueness, and competitive advantages. Beyond financials and market position, potential investors should also consider broader economic conditions, industry trends, and any regulatory or geopolitical factors that may impact Flexsteel Industries' future performance. For an informed investment choice regarding Flexsteel Stock, refer to the following important reports:
Check out the analysis of Flexsteel Industries Correlation against competitors.
For more information on how to buy Flexsteel Stock please use our How to Invest in Flexsteel Industries guide.
You can also try the AI Portfolio Architect module to use AI to generate optimal portfolios and find profitable investment opportunities.

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Is Flexsteel Industries' 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 Flexsteel Industries. If investors know Flexsteel 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 Flexsteel Industries 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
0.075
Dividend Share
0.6
Earnings Share
2.9
Revenue Per Share
77.229
Return On Assets
0.0301
The market value of Flexsteel Industries is measured differently than its book value, which is the value of Flexsteel that is recorded on the company's balance sheet. Investors also form their own opinion of Flexsteel Industries' value that differs from its market value or its book value, called intrinsic value, which is Flexsteel Industries' 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 Flexsteel Industries' market value can be influenced by many factors that don't directly affect Flexsteel Industries' 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 Flexsteel Industries' value and its price as these two are different measures arrived at by different means. Investors typically determine if Flexsteel Industries is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Flexsteel Industries' 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.