Flexsteel Capital Surpluse vs Net Invested Capital Analysis

FLXS Stock  USD 37.61  1.02  2.64%   
Flexsteel Industries financial indicator trend analysis is much more than just examining Flexsteel Industries latest accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Flexsteel Industries is a good investment. Please check the relationship between Flexsteel Industries Capital Surpluse and its Net Invested Capital accounts. Check out Investing Opportunities to better understand how to build diversified portfolios, which includes a position in Flexsteel Industries. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in interest.
For more information on how to buy Flexsteel Stock please use our How to Invest in Flexsteel Industries guide.

Capital Surpluse vs Net Invested Capital

Capital Surpluse vs Net Invested Capital Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Flexsteel Industries Capital Surpluse account and Net Invested Capital. At this time, the significance of the direction appears to have strong contrarian relationship.
The correlation between Flexsteel Industries' Capital Surpluse and Net Invested Capital is -0.69. Overlapping area represents the amount of variation of Capital Surpluse that can explain the historical movement of Net Invested Capital in the same time period over historical financial statements of Flexsteel Industries, assuming nothing else is changed. The correlation between historical values of Flexsteel Industries' Capital Surpluse and Net Invested Capital is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Capital Surpluse of Flexsteel Industries are associated (or correlated) with its Net Invested Capital. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Net Invested Capital has no effect on the direction of Capital Surpluse i.e., Flexsteel Industries' Capital Surpluse and Net Invested Capital go up and down completely randomly.

Correlation Coefficient

-0.69
Relationship DirectionNegative 
Relationship StrengthWeak

Capital Surpluse

Net Invested Capital

The total amount of capital invested in a company, including both equity and debt, minus any cash or cash equivalents.
Most indicators from Flexsteel Industries' fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Flexsteel Industries 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 Flexsteel Industries. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in interest.
For more information on how to buy Flexsteel Stock please use our How to Invest in Flexsteel Industries guide.Sales General And Administrative To Revenue is likely to gain to 0.17 in 2024, whereas Selling General Administrative is likely to drop slightly above 65.7 M in 2024.
 2021 2022 2023 2024 (projected)
Gross Profit72.7M70.9M81.6M75.5M
Total Revenue544.3M393.7M452.7M351.5M

Flexsteel Industries fundamental ratios Correlations

0.40.850.740.650.590.190.9-0.010.55-0.260.080.79-0.230.260.670.35-0.150.430.590.920.090.580.860.860.06
0.40.410.63-0.280.620.880.09-0.610.6-0.12-0.60.4-0.540.840.8-0.2-0.850.920.630.34-0.070.590.610.610.12
0.850.410.720.590.510.170.76-0.040.49-0.17-0.030.73-0.090.20.680.45-0.110.40.510.830.160.540.720.720.07
0.740.630.720.220.370.520.43-0.310.32-0.28-0.30.77-0.220.30.770.34-0.270.570.370.80.090.960.660.660.54
0.65-0.280.590.220.22-0.510.880.510.19-0.230.630.60.47-0.380.190.510.55-0.240.220.710.030.10.330.33-0.04
0.590.620.510.370.220.480.48-0.280.99-0.19-0.190.4-0.290.770.680.07-0.560.791.00.37-0.240.220.780.78-0.31
0.190.880.170.52-0.510.48-0.15-0.890.480.05-0.870.26-0.620.790.69-0.36-0.880.840.480.070.090.490.390.390.21
0.90.090.760.430.880.48-0.150.210.46-0.190.350.720.030.00.470.320.140.120.480.840.10.250.650.65-0.09
-0.01-0.61-0.04-0.310.51-0.28-0.890.21-0.31-0.290.95-0.180.57-0.58-0.530.520.73-0.58-0.270.11-0.31-0.28-0.11-0.11-0.28
0.550.60.490.320.190.990.480.46-0.31-0.06-0.230.37-0.320.790.680.06-0.590.790.990.33-0.140.160.750.75-0.32
-0.26-0.12-0.17-0.28-0.23-0.190.05-0.19-0.29-0.06-0.34-0.14-0.230.110.05-0.22-0.180.0-0.2-0.250.83-0.33-0.27-0.270.04
0.08-0.6-0.03-0.30.63-0.19-0.870.350.95-0.23-0.34-0.110.59-0.58-0.470.40.73-0.58-0.180.18-0.35-0.28-0.07-0.08-0.29
0.790.40.730.770.60.40.260.72-0.180.37-0.14-0.110.050.110.780.26-0.040.360.390.870.210.690.560.560.5
-0.23-0.54-0.09-0.220.47-0.29-0.620.030.57-0.32-0.230.590.05-0.67-0.270.450.8-0.56-0.290.01-0.2-0.15-0.38-0.370.12
0.260.840.20.3-0.380.770.790.0-0.580.790.11-0.580.11-0.670.63-0.24-0.940.950.770.05-0.050.220.610.61-0.22
0.670.80.680.770.190.680.690.47-0.530.680.05-0.470.78-0.270.630.08-0.570.810.680.670.230.660.670.670.28
0.35-0.20.450.340.510.07-0.360.320.520.06-0.220.40.260.45-0.240.080.45-0.070.070.470.040.250.260.26-0.01
-0.15-0.85-0.11-0.270.55-0.56-0.880.140.73-0.59-0.180.73-0.040.8-0.94-0.570.45-0.87-0.570.04-0.05-0.23-0.44-0.440.12
0.430.920.40.57-0.240.790.840.12-0.580.790.0-0.580.36-0.560.950.81-0.07-0.870.790.29-0.030.50.70.70.01
0.590.630.510.370.221.00.480.48-0.270.99-0.2-0.180.39-0.290.770.680.07-0.570.790.37-0.250.220.780.78-0.31
0.920.340.830.80.710.370.070.840.110.33-0.250.180.870.010.050.670.470.040.290.370.150.680.690.70.28
0.09-0.070.160.090.03-0.240.090.1-0.31-0.140.83-0.350.21-0.2-0.050.230.04-0.05-0.03-0.250.15-0.02-0.1-0.090.2
0.580.590.540.960.10.220.490.25-0.280.16-0.33-0.280.69-0.150.220.660.25-0.230.50.220.68-0.020.510.510.69
0.860.610.720.660.330.780.390.65-0.110.75-0.27-0.070.56-0.380.610.670.26-0.440.70.780.69-0.10.511.0-0.14
0.860.610.720.660.330.780.390.65-0.110.75-0.27-0.080.56-0.370.610.670.26-0.440.70.780.7-0.090.511.0-0.14
0.060.120.070.54-0.04-0.310.21-0.09-0.28-0.320.04-0.290.50.12-0.220.28-0.010.120.01-0.310.280.20.69-0.14-0.14
Click cells to compare fundamentals

Flexsteel Industries Account Relationship Matchups

Flexsteel Industries fundamental ratios Accounts

201920202021202220232024 (projected)
Total Assets237.3M296.8M268.7M290.6M334.1M175.2M
Other Current Liab21.3M26.1M26.1M23.2M26.7M19.6M
Total Current Liabilities53.5M99.8M64.6M55.1M63.4M35.5M
Total Stockholder Equity175.5M168.0M131.6M141.6M162.9M126.1M
Property Plant And Equipment Net52.0M66.8M76.7M106.9M123.0M129.1M
Net Debt(36.2M)32.3M41.9M24.9M28.6M30.1M
Retained Earnings137.3M157.1M155.3M166.8M191.8M114.0M
Cash48.2M1.3M2.2M3.4M3.9M3.7M
Non Current Assets Total55.4M68.2M78.7M119.9M137.9M144.8M
Non Currrent Assets Other1.3M1.4M1.9M5.8M6.7M7.4M
Cash And Short Term Investments48.2M1.3M2.2M3.4M3.9M3.7M
Net Receivables32.2M56.0M41.1M38.2M43.9M36.9M
Common Stock Shares Outstanding8.0M7.5M6.5M5.4M6.2M7.7M
Liabilities And Stockholders Equity237.3M296.8M268.7M290.6M334.1M175.2M
Non Current Liabilities Total8.3M29.1M72.6M93.8M107.9M113.3M
Inventory70.6M161.1M141.2M122.1M140.4M147.4M
Other Current Assets18.5M9.4M5.0M6.4M7.4M7.6M
Other Stockholder Equity30.2M2.7M(31.9M)(33.5M)(30.1M)(28.6M)
Total Liab61.8M128.8M137.2M148.9M171.3M179.8M
Property Plant And Equipment Gross52.0M66.8M76.7M106.9M123.0M129.1M
Total Current Assets181.8M228.5M190.1M170.6M196.2M126.8M
Accounts Payable27.7M67.8M32.1M24.7M28.5M14.5M
Common Stock Total Equity8.0M8.1M8.2M8.3M9.5M7.8M
Common Stock8.0M8.1M8.2M8.3M9.5M7.8M
Other Liab685K29.1M823K577K663.6K630.4K
Other Assets9.1M3.4M1.4M1.9M1.7M1.7M
Property Plant Equipment52.0M66.8M76.7M38.7M44.4M45.4M
Net Tangible Assets175.5M168.0M131.6M141.6M127.5M143.2M
Non Current Liabilities Other685K29.1M34.8M65.6M75.4M79.2M
Net Invested Capital175.5M171.5M37.7M28.3M25.4M24.2M
Net Working Capital128.4M128.8M125.4M115.5M104.0M105.5M
Some investors attempt to determine whether the market's mood is bullish or bearish by monitoring changes in market sentiment. Unlike more traditional methods such as technical analysis, investor sentiment usually refers to the aggregate attitude towards Flexsteel Industries in the overall investment community. So, suppose investors can accurately measure the market's sentiment. In that case, they can use it for their benefit. For example, some tools to gauge market sentiment could be utilized using contrarian indexes, Flexsteel Industries' short interest history, or implied volatility extrapolated from Flexsteel Industries options trading.

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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 Investing Opportunities to better understand how to build diversified portfolios, which includes a position in Flexsteel Industries. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in interest.
For more information on how to buy Flexsteel Stock please use our How to Invest in Flexsteel Industries guide.
You can also try the Portfolio Optimization module to compute new portfolio that will generate highest expected return given your specified tolerance for risk.

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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
2.87
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.