Flanigans Asset Turnover vs Total Assets Analysis

BDL Stock

USD 24.86 2.10 7.79%

Flanigans Enterprises financial indicator trend analysis is much more than just examining Flanigans Enterprises latest accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Flanigans Enterprises is a good investment. Please check the relationship between Flanigans Enterprises Asset Turnover and its Total Assets accounts. Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in Flanigans Enterprises. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in unemployment.

For more information on how to buy Flanigans Stock please use our How to buy in Flanigans Stock guide.

Asset Turnover vs Total Assets

Asset Turnover vs Total Assets Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Flanigans Enterprises Asset Turnover account and Total Assets. At this time, the significance of the direction appears to have significant contrarian relationship.

The correlation between Flanigans Enterprises' Asset Turnover and Total Assets is -0.29. Overlapping area represents the amount of variation of Asset Turnover that can explain the historical movement of Total Assets in the same time period over historical financial statements of Flanigans Enterprises, assuming nothing else is changed. The correlation between historical values of Flanigans Enterprises' Asset Turnover and Total Assets is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Asset Turnover of Flanigans Enterprises are associated (or correlated) with its Total Assets. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Total Assets has no effect on the direction of Asset Turnover i.e., Flanigans Enterprises' Asset Turnover and Total Assets go up and down completely randomly.

Correlation Coefficient

-0.29

Relationship Direction	Negative
Relationship Strength	Insignificant

View All Relationships

Asset Turnover

The ratio of net sales to average total assets, indicating how efficiently a company uses its assets to generate sales.

Total Assets

Total assets refers to the total amount of Flanigans Enterprises assets owned. Assets are items that have some economic value and are expended over time to create a benefit for the owner. These assets are usually recorded in Flanigans Enterprises books under different categories such as cash, marketable securities, accounts receivable,prepaid expenses, inventory, fixed assets, intangible assets, other assets, marketable securities, accounts receivable, prepaid expenses and others. The total value of all owned resources that are expected to provide future economic benefits to the business, including cash, investments, accounts receivable, inventory, property, plant, equipment, and intangible assets.

Most indicators from Flanigans Enterprises' fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Flanigans Enterprises 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 Trending Equities to better understand how to build diversified portfolios, which includes a position in Flanigans Enterprises. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in unemployment.

For more information on how to buy Flanigans Stock please use our How to buy in Flanigans Stock guide.At this time, Flanigans Enterprises' Tax Provision is quite stable compared to the past year. Enterprise Value Over EBITDA is expected to rise to 6.22 this year, although the value of Selling General Administrative will most likely fall to about 27.9 M.

	2021	2022	2023	2024 (projected)
Gross Profit	40.4M	38.8M	44.6M	46.8M
Total Revenue	158.0M	174.2M	200.4M	210.4M

Gross Profit Total Revenue

Flanigans Enterprises fundamental ratios Correlations

	Total Assets	Short Long Term Debt Total	Other Current Liab	Total Current Liabilities	Total Stockholder Equity	Property Plant And Equipment Net	Net Debt	Retained Earnings	Cash	Non Current Assets Total	Non Currrent Assets Other	Cash And Short Term Investments	Net Receivables	Common Stock Shares Outstanding	Non Current Liabilities Total	Inventory	Other Current Assets	Other Stockholder Equity	Total Liab	Property Plant And Equipment Gross	Total Current Assets	Short Term Debt	Intangible Assets	Accounts Payable	Common Stock Total Equity	Common Stock
Total Assets		0.95	0.88	0.96	0.97	0.99	0.82	0.97	0.92	0.99	-0.37	0.92	-0.03	-0.67	0.97	0.93	0.18	-0.36	0.98	0.96	0.95	0.4	-0.15	0.72	0.48	0.49
Short Long Term Debt Total	0.95		0.87	0.97	0.85	0.93	0.91	0.84	0.93	0.93	-0.25	0.93	0.05	-0.56	0.99	0.86	0.27	-0.17	0.99	0.87	0.95	0.63	-0.15	0.55	0.29	0.29
Other Current Liab	0.88	0.87		0.84	0.81	0.88	0.84	0.8	0.76	0.88	0.0	0.76	0.25	-0.64	0.9	0.95	0.0	0.05	0.89	0.91	0.82	0.35	-0.01	0.36	0.1	0.11
Total Current Liabilities	0.96	0.97	0.84		0.9	0.94	0.87	0.89	0.91	0.94	-0.35	0.91	0.1	-0.61	0.96	0.86	0.29	-0.26	0.98	0.85	0.94	0.63	-0.25	0.68	0.38	0.38
Total Stockholder Equity	0.97	0.85	0.81	0.9		0.97	0.69	1.0	0.86	0.97	-0.49	0.86	-0.06	-0.69	0.88	0.9	0.17	-0.49	0.89	0.95	0.9	0.24	-0.2	0.83	0.6	0.61
Property Plant And Equipment Net	0.99	0.93	0.88	0.94	0.97		0.83	0.97	0.87	1.0	-0.35	0.87	-0.02	-0.72	0.95	0.95	0.13	-0.36	0.96	0.97	0.92	0.35	-0.13	0.73	0.5	0.5
Net Debt	0.82	0.91	0.84	0.87	0.69	0.83		0.68	0.69	0.83	0.07	0.69	0.19	-0.62	0.9	0.83	0.09	0.06	0.9	0.78	0.74	0.64	-0.04	0.35	0.09	0.09
Retained Earnings	0.97	0.84	0.8	0.89	1.0	0.97	0.68		0.86	0.97	-0.5	0.86	-0.08	-0.68	0.88	0.89	0.17	-0.5	0.89	0.94	0.9	0.23	-0.21	0.84	0.62	0.62
Cash	0.92	0.93	0.76	0.91	0.86	0.87	0.69	0.86		0.87	-0.5	1.0	-0.09	-0.42	0.92	0.76	0.39	-0.36	0.93	0.82	0.99	0.52	-0.23	0.65	0.43	0.43
Non Current Assets Total	0.99	0.93	0.88	0.94	0.97	1.0	0.83	0.97	0.87		-0.33	0.87	-0.02	-0.72	0.95	0.95	0.12	-0.36	0.96	0.97	0.91	0.35	-0.12	0.73	0.49	0.5
Non Currrent Assets Other	-0.37	-0.25	0.0	-0.35	-0.49	-0.35	0.07	-0.5	-0.5	-0.33		-0.5	0.32	0.02	-0.24	-0.12	-0.45	0.82	-0.27	-0.24	-0.45	-0.08	0.18	-0.72	-0.77	-0.77
Cash And Short Term Investments	0.92	0.93	0.76	0.91	0.86	0.87	0.69	0.86	1.0	0.87	-0.5		-0.09	-0.42	0.92	0.76	0.39	-0.36	0.93	0.82	0.99	0.52	-0.23	0.65	0.43	0.43
Net Receivables	-0.03	0.05	0.25	0.1	-0.06	-0.02	0.19	-0.08	-0.09	-0.02	0.32	-0.09		0.11	0.02	0.1	0.08	0.66	0.04	-0.02	-0.05	0.29	0.11	-0.26	-0.58	-0.58
Common Stock Shares Outstanding	-0.67	-0.56	-0.64	-0.61	-0.69	-0.72	-0.62	-0.68	-0.42	-0.72	0.02	-0.42	0.11		-0.6	-0.75	0.36	0.21	-0.61	-0.71	-0.49	-0.09	0.1	-0.54	-0.37	-0.38
Non Current Liabilities Total	0.97	0.99	0.9	0.96	0.88	0.95	0.9	0.88	0.92	0.95	-0.24	0.92	0.02	-0.6		0.9	0.22	-0.2	1.0	0.92	0.95	0.53	-0.11	0.57	0.32	0.32
Inventory	0.93	0.86	0.95	0.86	0.9	0.95	0.83	0.89	0.76	0.95	-0.12	0.76	0.1	-0.75	0.9		-0.08	-0.16	0.9	0.96	0.82	0.26	0.0	0.55	0.32	0.33
Other Current Assets	0.18	0.27	0.0	0.29	0.17	0.13	0.09	0.17	0.39	0.12	-0.45	0.39	0.08	0.36	0.22	-0.08		-0.22	0.24	0.04	0.33	0.44	-0.22	0.27	0.23	0.22
Other Stockholder Equity	-0.36	-0.17	0.05	-0.26	-0.49	-0.36	0.06	-0.5	-0.36	-0.36	0.82	-0.36	0.66	0.21	-0.2	-0.16	-0.22		-0.21	-0.29	-0.33	0.17	0.22	-0.77	-0.96	-0.96
Total Liab	0.98	0.99	0.89	0.98	0.89	0.96	0.9	0.89	0.93	0.96	-0.27	0.93	0.04	-0.61	1.0	0.9	0.24	-0.21		0.91	0.96	0.56	-0.15	0.6	0.34	0.34
Property Plant And Equipment Gross	0.96	0.87	0.91	0.85	0.95	0.97	0.78	0.94	0.82	0.97	-0.24	0.82	-0.02	-0.71	0.92	0.96	0.04	-0.29	0.91		0.87	0.19	-0.03	0.65	0.43	0.43
Total Current Assets	0.95	0.95	0.82	0.94	0.9	0.92	0.74	0.9	0.99	0.91	-0.45	0.99	-0.05	-0.49	0.95	0.82	0.33	-0.33	0.96	0.87		0.51	-0.2	0.66	0.42	0.42
Short Term Debt	0.4	0.63	0.35	0.63	0.24	0.35	0.64	0.23	0.52	0.35	-0.08	0.52	0.29	-0.09	0.53	0.26	0.44	0.17	0.56	0.19	0.51		-0.29	0.11	-0.14	-0.14
Intangible Assets	-0.15	-0.15	-0.01	-0.25	-0.2	-0.13	-0.04	-0.21	-0.23	-0.12	0.18	-0.23	0.11	0.1	-0.11	0.0	-0.22	0.22	-0.15	-0.03	-0.2	-0.29		-0.35	-0.14	-0.15
Accounts Payable	0.72	0.55	0.36	0.68	0.83	0.73	0.35	0.84	0.65	0.73	-0.72	0.65	-0.26	-0.54	0.57	0.55	0.27	-0.77	0.6	0.65	0.66	0.11	-0.35		0.82	0.82
Common Stock Total Equity	0.48	0.29	0.1	0.38	0.6	0.5	0.09	0.62	0.43	0.49	-0.77	0.43	-0.58	-0.37	0.32	0.32	0.23	-0.96	0.34	0.43	0.42	-0.14	-0.14	0.82		1.0
Common Stock	0.49	0.29	0.11	0.38	0.61	0.5	0.09	0.62	0.43	0.5	-0.77	0.43	-0.58	-0.38	0.32	0.33	0.22	-0.96	0.34	0.43	0.42	-0.14	-0.15	0.82	1.0

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Flanigans Enterprises Account Relationship Matchups

Flanigans Enterprises fundamental ratios Accounts

	2019	2020	2021	2022	2023	2024 (projected)
Total Assets	112.5M	128.0M	147.5M	145.8M	167.6M	176.0M
Short Long Term Debt Total	54.5M	51.3M	55.9M	51.4M	59.1M	62.0M
Other Current Liab	3.1M	4.5M	6.9M	6.8M	7.8M	8.2M
Total Current Liabilities	25.4M	20.2M	22.2M	22.4M	25.7M	27.0M
Total Stockholder Equity	39.4M	51.2M	55.7M	59.2M	68.1M	71.5M
Property Plant And Equipment Net	74.1M	85.6M	94.7M	108.1M	124.3M	130.5M
Net Debt	24.6M	18.6M	13.8M	25.8M	29.7M	31.2M
Retained Earnings	38.8M	50.6M	55.1M	58.2M	67.0M	70.3M
Cash	29.9M	32.7M	42.1M	25.5M	29.4M	30.8M
Non Current Assets Total	76.0M	88.2M	96.6M	110.5M	127.0M	133.4M
Non Currrent Assets Other	290K	705K	310K	878K	790.2K	1.2M
Cash And Short Term Investments	29.9M	32.7M	42.1M	25.5M	29.4M	30.8M
Net Receivables	681K	450K	456K	834K	750.6K	463.4K
Liabilities And Stockholders Equity	112.5M	128.0M	147.5M	145.8M	167.6M	176.0M
Non Current Liabilities Total	41.6M	47.1M	52.0M	48.5M	55.8M	58.5M
Inventory	3.6M	4.3M	6.5M	7.2M	8.3M	8.7M
Other Current Assets	2.3M	2.4M	1.8M	1.7M	2.0M	1.1M
Total Liab	66.9M	67.4M	74.2M	70.9M	81.5M	85.6M
Property Plant And Equipment Gross	46.0M	124.7M	136.5M	152.3M	175.2M	183.9M
Total Current Assets	36.5M	39.8M	50.9M	35.3M	40.6M	42.6M
Short Term Debt	13.0M	4.6M	4.6M	3.7M	4.2M	4.4M
Accounts Payable	9.2M	9.8M	8.1M	9.3M	10.7M	11.2M
Other Assets	30.0M	705M	2.2M	1.8M	2.0M	1.9M
Long Term Debt	21.2M	19.6M	23.1M	21.8M	25.1M	26.4M
Property Plant Equipment	47.0M	85.6B	92.8M	107.2M	123.3M	117.1M
Net Tangible Assets	39.4M	50.4B	54.4M	58.0M	66.7M	63.3M
Long Term Debt Total	11.1M	21.2M	19.6M	23.1M	26.6M	14.7M

Pair Trading with Flanigans Enterprises

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 Flanigans Enterprises 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 Flanigans Enterprises will appreciate offsetting losses from the drop in the long position's value.

Moving against Flanigans Stock

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The ability to find closely correlated positions to Flanigans Enterprises could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Flanigans Enterprises 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 Flanigans Enterprises - 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 Flanigans Enterprises to buy it.

The correlation of Flanigans Enterprises 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 Flanigans Enterprises moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Flanigans Enterprises 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 Flanigans Enterprises 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 Correlation Correlation Matching

When determining whether Flanigans Enterprises is a strong investment it is important to analyze Flanigans Enterprises' 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 Flanigans Enterprises' future performance. For an informed investment choice regarding Flanigans Stock, refer to the following important reports:

How To Invest In Flanigans

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Is Flanigans Stock a good investment?

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What is Flanigans Enterprises' Net Worth?

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Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in Flanigans Enterprises. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in unemployment.

For more information on how to buy Flanigans Stock please use our How to buy in Flanigans Stock guide.

Note that the Flanigans Enterprises information on this page should be used as a complementary analysis to other Flanigans Enterprises' 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 Fundamentals Comparison module to compare fundamentals across multiple equities to find investing opportunities.

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

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Is Flanigans Enterprises' 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 Flanigans Enterprises. If investors know Flanigans 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 Flanigans Enterprises 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

(0.82)

Earnings Share

1.87

Revenue Per Share

73.7 K

Quarterly Revenue Growth

0.078

Return On Assets

0.045

The market value of Flanigans Enterprises is measured differently than its book value, which is the value of Flanigans that is recorded on the company's balance sheet. Investors also form their own opinion of Flanigans Enterprises' value that differs from its market value or its book value, called intrinsic value, which is Flanigans Enterprises' 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 Flanigans Enterprises' market value can be influenced by many factors that don't directly affect Flanigans Enterprises' 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 Flanigans Enterprises' value and its price as these two are different measures arrived at by different means. Investors typically determine if Flanigans Enterprises is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Flanigans Enterprises' 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.

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Flanigans Asset Turnover vs Total Assets Analysis

Asset Turnover vs Total Assets

Asset Turnover vs Total Assets Correlation Analysis

Correlation Coefficient

Asset Turnover

Total Assets

Flanigans Enterprises fundamental ratios Correlations

Flanigans Enterprises Account Relationship Matchups

High Positive Relationship

High Negative Relationship

Flanigans Enterprises fundamental ratios Accounts

Pair Trading with Flanigans Enterprises

Moving against Flanigans Stock

Complementary Tools for Flanigans Stock analysis

COMMON DESTINATIONS

MAIN CATEGORIES

COMPANY

Retained Earnings	+ 1.0	Total Stockholder Equity
Non Current Assets Total	+ 1.0	Property Plant And Equipment Net
Cash And Short Term Investments	+ 1.0	Cash
Total Liab	+ 1.0	Non Current Liabilities Total
Common Stock	+ 1.0	Common Stock Total Equity
Property Plant And Equipment Net	+ 0.99	Total Assets

Common Stock	- 0.96	Other Stockholder Equity
Common Stock Total Equity	- 0.96	Other Stockholder Equity
Accounts Payable	- 0.77	Other Stockholder Equity
Common Stock	- 0.77	Non Currrent Assets Other
Common Stock Total Equity	- 0.77	Non Currrent Assets Other
Inventory	- 0.75	Common Stock Shares Outstanding