Flux Other Current Liab vs Short Term Investments Analysis
FLUX Stock | USD 3.13 0.07 2.19% |
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 Other Current Liab and its Short Term Investments 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.
Other Current Liab vs Short Term Investments
Other Current Liab vs Short Term Investments Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Flux Power Holdings Other Current Liab account and Short Term Investments. At this time, the significance of the direction appears to have weak contrarian relationship.
The correlation between Flux Power's Other Current Liab and Short Term Investments is -0.17. Overlapping area represents the amount of variation of Other Current Liab that can explain the historical movement of Short Term Investments 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 Other Current Liab and Short Term Investments 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 Flux Power Holdings are associated (or correlated) with its Short Term Investments. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Short Term Investments has no effect on the direction of Other Current Liab i.e., Flux Power's Other Current Liab and Short Term Investments go up and down completely randomly.
Correlation Coefficient | -0.17 |
Relationship Direction | Negative |
Relationship Strength | Insignificant |
Other Current Liab
Short Term Investments
Short Term Investments is an item under the current assets section of Flux Power balance sheet. It contains any investments Flux Power Holdings undertook that will expire in less than one year. These accounts contain financial instruments such as stocks or bonds that Flux Power Holdings can easily liquidate in the marketplace.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
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Flux Power Account Relationship Matchups
High Positive Relationship
High Negative Relationship
Flux Power fundamental ratios Accounts
2019 | 2020 | 2021 | 2022 | 2023 | 2024 (projected) | ||
Total Assets | 14.0M | 26.3M | 30.9M | 35.7M | 41.1M | 43.1M | |
Total Stockholder Equity | (6.4M) | 13.0M | 13.9M | 9.5M | 11.0M | 11.5M | |
Net Debt | 11.5M | (1.4M) | 7.3M | 10.6M | 12.2M | 12.9M | |
Retained Earnings | (53.4M) | (66.2M) | (81.8M) | (88.6M) | (79.7M) | (75.7M) | |
Cash | 726K | 4.7M | 485K | 2.4M | 2.7M | 2.9M | |
Cash And Short Term Investments | 726K | 4.7M | 485K | 2.4M | 2.7M | 2.9M | |
Common Stock Shares Outstanding | 5.1M | 11.8M | 15.4M | 16.1M | 18.5M | 19.4M | |
Liabilities And Stockholders Equity | 14.0M | 26.3M | 30.9M | 35.7M | 41.1M | 43.1M | |
Other Stockholder Equity | 47.0M | 79.2M | 95.7M | 98.1M | 112.8M | 118.4M | |
Total Current Assets | 9.8M | 21.7M | 26.6M | 30.9M | 35.6M | 37.4M | |
Property Plant And Equipment Net | 4.0M | 4.4M | 4.2M | 4.6M | 4.2M | 2.6M | |
Non Current Assets Total | 4.1M | 4.5M | 4.3M | 4.8M | 4.3M | 3.9M | |
Non Currrent Assets Other | 174K | 131K | 89K | 120K | 108K | 102.6K | |
Common Stock Total Equity | 31K | 5K | 7K | 14K | 12.6K | 12.0K | |
Non Current Liabilities Total | 4.6M | 2.9M | 2.4M | 2.3M | 2.1M | 2.3M | |
Other Current Assets | 787K | 417K | 1.3M | 143K | 164.5K | 313.7K | |
Total Liab | 20.4M | 13.3M | 16.9M | 26.2M | 30.1M | 31.6M | |
Property Plant And Equipment Gross | 4.0M | 4.4M | 4.2M | 6.6M | 5.9M | 3.1M | |
Common Stock | 5K | 7K | 14K | 16K | 14.4K | 13.7K | |
Other Current Liab | 1.9M | 2.6M | 2.2M | 3.2M | 2.9M | 2.1M | |
Total Current Liabilities | 15.8M | 10.4M | 14.6M | 23.8M | 27.4M | 28.8M | |
Short Long Term Debt Total | 12.3M | 3.3M | 7.8M | 13.0M | 15.0M | 15.7M | |
Accounts Payable | 4.6M | 7.2M | 6.6M | 9.7M | 11.2M | 11.8M | |
Short Term Debt | 7.7M | 435K | 5.4M | 10.7M | 12.3M | 12.9M | |
Net Receivables | 3.1M | 6.1M | 8.6M | 8.6M | 9.9M | 10.4M | |
Inventory | 5.3M | 10.5M | 16.3M | 19.0M | 21.8M | 22.9M | |
Other Assets | 174K | 131K | 89K | 120K | 108K | 171.0K | |
Property Plant Equipment | 4.0M | 4.4M | 4.2M | 4.6M | 5.3M | 5.6M | |
Net Tangible Assets | (6.4M) | 13.0M | 13.9M | 9.5M | 11.0M | 11.5M | |
Short Long Term Debt | 6.4M | 7.3M | 4.9M | 9.9M | 11.4M | 6.2M | |
Net Invested Capital | 2.2M | 13.0M | 18.8M | 19.5M | 22.4M | 23.5M |
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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. You can also try the Portfolio Suggestion module to get suggestions outside of your existing asset allocation including your own model portfolios.
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Is Flux Power'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 Flux Power. If investors know Flux 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 Flux Power listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Earnings Share (0.36) | Revenue Per Share 3.956 | Quarterly Revenue Growth 0.069 | Return On Assets (0.07) | Return On Equity (0.66) |
The market value of Flux Power Holdings is measured differently than its book value, which is the value of Flux that is recorded on the company's balance sheet. Investors also form their own opinion of Flux Power's value that differs from its market value or its book value, called intrinsic value, which is Flux Power'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 Flux Power's market value can be influenced by many factors that don't directly affect Flux Power'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 Flux Power's value and its price as these two are different measures arrived at by different means. Investors typically determine if Flux Power is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Flux Power'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.