Flex Short Term Investments vs Short Term Debt Analysis
FLEX Stock | USD 33.64 0.47 1.42% |
Flex financial indicator trend analysis is much more than just examining Flex latest accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Flex is a good investment. Please check the relationship between Flex Short Term Investments and its Short Term Debt accounts. Check out Investing Opportunities to better understand how to build diversified portfolios, which includes a position in Flex. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in income. For more information on how to buy Flex Stock please use our How to Invest in Flex guide.
Short Term Investments vs Short Term Debt
Short Term Investments vs Short Term Debt Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Flex Short Term Investments account and Short Term Debt. At this time, the significance of the direction appears to have very week relationship.
The correlation between Flex's Short Term Investments and Short Term Debt is 0.23. Overlapping area represents the amount of variation of Short Term Investments that can explain the historical movement of Short Term Debt in the same time period over historical financial statements of Flex, assuming nothing else is changed. The correlation between historical values of Flex's Short Term Investments and Short Term Debt is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Short Term Investments of Flex are associated (or correlated) with its Short Term Debt. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Short Term Debt has no effect on the direction of Short Term Investments i.e., Flex's Short Term Investments and Short Term Debt go up and down completely randomly.
Correlation Coefficient | 0.23 |
Relationship Direction | Positive |
Relationship Strength | Very Weak |
Short Term Investments
Short Term Investments is an item under the current assets section of Flex balance sheet. It contains any investments Flex undertook that will expire in less than one year. These accounts contain financial instruments such as stocks or bonds that Flex can easily liquidate in the marketplace.Short Term Debt
Most indicators from Flex's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Flex 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 Flex. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in income. For more information on how to buy Flex Stock please use our How to Invest in Flex guide.At this time, Flex's Issuance Of Capital Stock is fairly stable compared to the past year. Enterprise Value Over EBITDA is likely to rise to 17.07 in 2024, whereas Selling General Administrative is likely to drop slightly above 740.9 M in 2024.
2021 | 2022 | 2023 | 2024 (projected) | Gross Profit | 1.9B | 2.3B | 2.0B | 1.2B | Total Revenue | 26.0B | 30.3B | 26.4B | 19.2B |
Flex fundamental ratios Correlations
Click cells to compare fundamentals
Flex Account Relationship Matchups
High Positive Relationship
High Negative Relationship
Flex fundamental ratios Accounts
2019 | 2020 | 2021 | 2022 | 2023 | 2024 (projected) | ||
Total Assets | 13.7B | 15.8B | 19.3B | 21.4B | 18.3B | 10.8B | |
Short Long Term Debt Total | 3.4B | 4.3B | 4.7B | 4.3B | 3.9B | 2.2B | |
Other Current Liab | 1.6B | 1.8B | 1.5B | 1.6B | 1.3B | 1.2B | |
Total Current Liabilities | 7.2B | 7.8B | 10.7B | 10.9B | 8.5B | 5.3B | |
Total Stockholder Equity | 2.8B | 3.4B | 4.1B | 5.4B | 5.3B | 3.2B | |
Property Plant And Equipment Net | 2.8B | 2.7B | 2.8B | 3.0B | 2.9B | 1.9B | |
Net Debt | 1.4B | 1.7B | 1.8B | 1.1B | 1.4B | 809.3M | |
Retained Earnings | (2.9B) | (2.3B) | (1.4B) | (560M) | 446M | 468.3M | |
Accounts Payable | 5.1B | 5.2B | 6.3B | 5.9B | 4.5B | 3.4B | |
Cash | 1.9B | 2.6B | 3.0B | 3.3B | 2.5B | 1.4B | |
Non Current Assets Total | 4.6B | 4.5B | 5.0B | 5.4B | 5.3B | 3.8B | |
Non Currrent Assets Other | 455.3M | 431M | 473M | 758M | 248M | 352.0M | |
Cash And Short Term Investments | 1.9B | 2.6B | 3.0B | 3.3B | 2.5B | 1.4B | |
Net Receivables | 2.7B | 4.2B | 3.9B | 4.3B | 3.3B | 2.1B | |
Common Stock Shares Outstanding | 512.4M | 506M | 483M | 462M | 441M | 524.6M | |
Liabilities And Stockholders Equity | 13.7B | 15.8B | 19.3B | 21.4B | 18.3B | 10.8B | |
Non Current Liabilities Total | 3.6B | 4.6B | 4.4B | 4.8B | 4.4B | 2.3B | |
Inventory | 3.8B | 3.9B | 6.6B | 7.5B | 6.2B | 6.5B | |
Total Liab | 10.9B | 12.4B | 15.1B | 15.7B | 12.9B | 7.6B | |
Total Current Assets | 9.1B | 11.4B | 14.3B | 16.0B | 13.0B | 7.0B | |
Short Term Debt | 149.1M | 268M | 949M | 150M | 136M | 173.0M | |
Intangible Assets | 262.4M | 213M | 411M | 316M | 245M | 391.6M | |
Other Current Assets | 660.1M | 590M | 903M | 917M | 1.0B | 759.3M | |
Current Deferred Revenue | 363.6M | 473M | 2.0B | 3.1B | 2.6B | 2.7B | |
Common Stock Total Equity | 6.3B | 6.2B | 6.1B | 6.5B | 7.5B | 4.8B | |
Property Plant And Equipment Gross | 2.8B | 2.7B | 2.8B | 3.0B | 7.3B | 7.7B | |
Accumulated Other Comprehensive Income | (214.7M) | (119M) | (182M) | (194M) | (195M) | (185.3M) | |
Common Stock | 6.3B | 6.2B | 6.1B | 6.5B | 5.1B | 5.3B | |
Other Liab | 507.6M | 412.3M | 489M | 608M | 699.2M | 375.5M | |
Other Assets | 233.9M | 327.2M | 431M | 473M | 425.7M | 422.4M | |
Long Term Debt | 2.7B | 3.5B | 3.2B | 3.7B | 3.3B | 2.4B | |
Property Plant Equipment | 2.2B | 2.1B | 2.8B | 2.3B | 2.7B | 2.3B | |
Good Will | 1.1B | 1.1B | 1.3B | 1.3B | 1.1B | 1.1B | |
Net Tangible Assets | 2.0B | 2.7B | 2.4B | 3.7B | 4.2B | 2.2B | |
Retained Earnings Total Equity | (2.9B) | (2.3B) | (1.4B) | (560M) | (644M) | (676.2M) |
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Analyzing currently trending equities could be an opportunity to develop a better portfolio based on different market momentums that they can trigger. Utilizing the top trending stocks is also useful when creating a market-neutral strategy or pair trading technique involving a short or a long position in a currently trending equity.When determining whether Flex offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of Flex's financial statements, including income statements, balance sheets, and cash flow statements, to assess its financial health. Key financial ratios are used to gauge profitability, efficiency, and growth potential of Flex Stock. Outlined below are crucial reports that will aid in making a well-informed decision on Flex Stock:Check out Investing Opportunities to better understand how to build diversified portfolios, which includes a position in Flex. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in income. For more information on how to buy Flex Stock please use our How to Invest in Flex guide.Note that the Flex information on this page should be used as a complementary analysis to other Flex's 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 Portfolio Holdings module to check your current holdings and cash postion to detemine if your portfolio needs rebalancing.
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Is Flex'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 Flex. If investors know Flex 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 Flex 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 2.004 | Earnings Share 2.01 | Revenue Per Share 60.724 | Quarterly Revenue Growth (0.17) | Return On Assets 0.0324 |
The market value of Flex is measured differently than its book value, which is the value of Flex that is recorded on the company's balance sheet. Investors also form their own opinion of Flex's value that differs from its market value or its book value, called intrinsic value, which is Flex'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 Flex's market value can be influenced by many factors that don't directly affect Flex'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 Flex's value and its price as these two are different measures arrived at by different means. Investors typically determine if Flex is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Flex'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.