Flux Non Current Assets Total vs Property Plant And Equipment Gross Analysis

FLUX Stock  USD 3.01  0.09  2.90%   
Flux Power financial indicator trend analysis is much more than just examining Flux Power Holdings latest accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Flux Power Holdings is a good investment. Please check the relationship between Flux Power Non Current Assets Total and its Property Plant And Equipment Gross accounts. Check out Investing Opportunities to better understand how to build diversified portfolios, which includes a position in Flux Power Holdings. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in employment.

Non Current Assets Total vs Property Plant And Equipment Gross

Non Current Assets Total vs Property Plant And Equipment Gross Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Flux Power Holdings Non Current Assets Total account and Property Plant And Equipment Gross. At this time, the significance of the direction appears to have strong relationship.
The correlation between Flux Power's Non Current Assets Total and Property Plant And Equipment Gross is 0.76. Overlapping area represents the amount of variation of Non Current Assets Total that can explain the historical movement of Property Plant And Equipment Gross in the same time period over historical financial statements of Flux Power Holdings, assuming nothing else is changed. The correlation between historical values of Flux Power's Non Current Assets Total and Property Plant And Equipment Gross is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Non Current Assets Total of Flux Power Holdings are associated (or correlated) with its Property Plant And Equipment Gross. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Property Plant And Equipment Gross has no effect on the direction of Non Current Assets Total i.e., Flux Power's Non Current Assets Total and Property Plant And Equipment Gross go up and down completely randomly.

Correlation Coefficient

0.76
Relationship DirectionPositive 
Relationship StrengthSignificant

Non Current Assets Total

The total value of a company's long-term assets, which are not expected to be converted into cash or used up within one year or the operating cycle, including property, plant, and equipment, and intangible assets.

Property Plant And Equipment Gross

Most indicators from Flux Power's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Flux Power Holdings 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 Flux Power Holdings. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in employment.
Enterprise Value is likely to rise to about 22.5 M in 2024, whereas Selling General Administrative is likely to drop slightly above 19.2 M in 2024.

Flux Power fundamental ratios Correlations

0.850.67-0.940.690.690.840.991.00.860.690.0-0.460.330.180.930.89-0.490.440.920.760.99-0.660.66-0.180.99
0.850.24-0.770.580.580.810.840.860.750.670.05-0.270.160.160.60.75-0.290.380.610.370.82-0.480.26-0.020.88
0.670.24-0.710.290.290.510.690.670.550.33-0.08-0.410.41-0.020.860.6-0.470.090.840.950.68-0.560.93-0.230.66
-0.94-0.77-0.71-0.64-0.64-0.76-0.97-0.94-0.92-0.650.070.44-0.42-0.18-0.9-0.930.5-0.35-0.88-0.77-0.940.45-0.650.28-0.94
0.690.580.29-0.641.00.530.660.680.620.470.01-0.370.180.00.640.63-0.390.410.650.490.68-0.420.43-0.180.63
0.690.580.29-0.641.00.530.660.680.620.470.01-0.370.180.00.640.63-0.390.410.650.490.68-0.420.43-0.180.63
0.840.810.51-0.760.530.530.830.840.70.870.34-0.420.20.010.720.74-0.470.280.720.670.83-0.580.620.360.9
0.990.840.69-0.970.660.660.830.990.880.66-0.04-0.420.360.140.920.89-0.460.360.90.770.98-0.630.66-0.210.98
1.00.860.67-0.940.680.680.840.990.850.680.0-0.450.310.150.930.88-0.480.420.920.770.99-0.670.67-0.170.99
0.860.750.55-0.920.620.620.70.880.850.770.0-0.440.490.260.80.98-0.480.420.760.630.87-0.280.46-0.210.85
0.690.670.33-0.650.470.470.870.660.680.770.45-0.510.290.250.590.76-0.530.420.580.510.69-0.310.40.430.74
0.00.05-0.080.070.010.010.34-0.040.00.00.45-0.290.010.14-0.020.0-0.260.11-0.020.06-0.020.00.080.660.06
-0.46-0.27-0.410.44-0.37-0.37-0.42-0.42-0.45-0.44-0.51-0.29-0.28-0.41-0.52-0.430.98-0.29-0.5-0.48-0.420.2-0.49-0.07-0.45
0.330.160.41-0.420.180.180.20.360.310.490.290.01-0.280.070.390.44-0.33-0.390.230.370.35-0.110.26-0.210.29
0.180.16-0.02-0.180.00.00.010.140.150.260.250.14-0.410.070.160.17-0.270.590.16-0.070.10.08-0.13-0.190.14
0.930.60.86-0.90.640.640.720.920.930.80.59-0.02-0.520.390.160.84-0.550.40.990.910.93-0.680.83-0.250.89
0.890.750.6-0.930.630.630.740.890.880.980.760.0-0.430.440.170.84-0.460.430.810.690.9-0.330.54-0.210.88
-0.49-0.29-0.470.5-0.39-0.39-0.47-0.46-0.48-0.48-0.53-0.260.98-0.33-0.27-0.55-0.46-0.19-0.52-0.56-0.460.22-0.55-0.09-0.49
0.440.380.09-0.350.410.410.280.360.420.420.420.11-0.29-0.390.590.40.43-0.190.50.160.4-0.170.09-0.120.4
0.920.610.84-0.880.650.650.720.90.920.760.58-0.02-0.50.230.160.990.81-0.520.50.90.92-0.690.83-0.220.89
0.760.370.95-0.770.490.490.670.770.770.630.510.06-0.480.37-0.070.910.69-0.560.160.90.78-0.620.97-0.070.76
0.990.820.68-0.940.680.680.830.980.990.870.69-0.02-0.420.350.10.930.9-0.460.40.920.78-0.680.66-0.170.97
-0.66-0.48-0.560.45-0.42-0.42-0.58-0.63-0.67-0.28-0.310.00.2-0.110.08-0.68-0.330.22-0.17-0.69-0.62-0.68-0.6-0.03-0.64
0.660.260.93-0.650.430.430.620.660.670.460.40.08-0.490.26-0.130.830.54-0.550.090.830.970.66-0.60.00.66
-0.18-0.02-0.230.28-0.18-0.180.36-0.21-0.17-0.210.430.66-0.07-0.21-0.19-0.25-0.21-0.09-0.12-0.22-0.07-0.17-0.030.0-0.07
0.990.880.66-0.940.630.630.90.980.990.850.740.06-0.450.290.140.890.88-0.490.40.890.760.97-0.640.66-0.07
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Flux Power Account Relationship Matchups

Flux Power fundamental ratios Accounts

201920202021202220232024 (projected)
Total Assets14.0M26.3M30.9M35.7M41.1M43.1M
Total Stockholder Equity(6.4M)13.0M13.9M9.5M11.0M11.5M
Net Debt11.5M(1.4M)7.3M10.6M12.2M12.9M
Retained Earnings(53.4M)(66.2M)(81.8M)(88.6M)(79.7M)(75.7M)
Cash726K4.7M485K2.4M2.7M2.9M
Cash And Short Term Investments726K4.7M485K2.4M2.7M2.9M
Common Stock Shares Outstanding5.1M11.8M15.4M16.1M18.5M19.4M
Liabilities And Stockholders Equity14.0M26.3M30.9M35.7M41.1M43.1M
Other Stockholder Equity47.0M79.2M95.7M98.1M112.8M118.4M
Total Current Assets9.8M21.7M26.6M30.9M35.6M37.4M
Property Plant And Equipment Net4.0M4.4M4.2M4.6M4.2M2.6M
Non Current Assets Total4.1M4.5M4.3M4.8M4.3M3.9M
Non Currrent Assets Other174K131K89K120K108K102.6K
Common Stock Total Equity31K5K7K14K12.6K12.0K
Non Current Liabilities Total4.6M2.9M2.4M2.3M2.1M2.3M
Other Current Assets787K417K1.3M143K164.5K313.7K
Total Liab20.4M13.3M16.9M26.2M30.1M31.6M
Property Plant And Equipment Gross4.0M4.4M4.2M6.6M5.9M3.1M
Common Stock5K7K14K16K14.4K13.7K
Other Current Liab1.9M2.6M2.2M3.2M2.9M2.1M
Total Current Liabilities15.8M10.4M14.6M23.8M27.4M28.8M
Short Long Term Debt Total12.3M3.3M7.8M13.0M15.0M15.7M
Accounts Payable4.6M7.2M6.6M9.7M11.2M11.8M
Short Term Debt7.7M435K5.4M10.7M12.3M12.9M
Net Receivables3.1M6.1M8.6M8.6M9.9M10.4M
Inventory5.3M10.5M16.3M19.0M21.8M22.9M
Other Assets174K131K89K120K108K171.0K
Property Plant Equipment4.0M4.4M4.2M4.6M5.3M5.6M
Net Tangible Assets(6.4M)13.0M13.9M9.5M11.0M11.5M
Short Long Term Debt6.4M7.3M4.9M9.9M11.4M6.2M
Net Invested Capital2.2M13.0M18.8M19.5M22.4M23.5M

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