Flexsteel Total Liab vs Accounts Payable 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 Total Liab and its Accounts Payable 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.
Total Liab vs Accounts Payable
Total Liab vs Accounts Payable Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Flexsteel Industries Total Liab account and Accounts Payable. At this time, the significance of the direction appears to have fragmental relationship.
The correlation between Flexsteel Industries' Total Liab and Accounts Payable is 0.5. Overlapping area represents the amount of variation of Total Liab that can explain the historical movement of Accounts Payable 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' Total Liab and Accounts Payable is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Total Liab of Flexsteel Industries are associated (or correlated) with its Accounts Payable. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Accounts Payable has no effect on the direction of Total Liab i.e., Flexsteel Industries' Total Liab and Accounts Payable go up and down completely randomly.
Correlation Coefficient | 0.5 |
Relationship Direction | Positive |
Relationship Strength | Weak |
Total Liab
The total amount of all liabilities that a company has, including both short-term and long-term liabilities.Accounts Payable
An accounting item on the balance sheet that represents Flexsteel Industries obligation to pay off a short-term debt to its creditors. The accounts payable entry is usually reported under current liabilities. If accounts payable of Flexsteel Industries are not paid within the agreed terms, the payables are considered to be in default, which may trigger a penalty or interest payment, or the revocation of additional credit from the supplier. Accounts payable may also be considered a source of cash, since they represent funds being borrowed from suppliers. Given these cash flow considerations, suppliers have a natural inclination to push for shorter payment terms, while creditors want to lengthen the payment terms. The amount a company owes to suppliers or vendors for products or services received but not yet paid for. It represents the company's short-term liabilities.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 Profit | 72.7M | 70.9M | 81.6M | 75.5M | Total Revenue | 544.3M | 393.7M | 452.7M | 351.5M |
Flexsteel Industries fundamental ratios Correlations
Click cells to compare fundamentals
Flexsteel Industries Account Relationship Matchups
High Positive Relationship
High Negative Relationship
Flexsteel Industries fundamental ratios Accounts
2019 | 2020 | 2021 | 2022 | 2023 | 2024 (projected) | ||
Total Assets | 237.3M | 296.8M | 268.7M | 290.6M | 334.1M | 175.2M | |
Other Current Liab | 21.3M | 26.1M | 26.1M | 23.2M | 26.7M | 19.6M | |
Total Current Liabilities | 53.5M | 99.8M | 64.6M | 55.1M | 63.4M | 35.5M | |
Total Stockholder Equity | 175.5M | 168.0M | 131.6M | 141.6M | 162.9M | 126.1M | |
Property Plant And Equipment Net | 52.0M | 66.8M | 76.7M | 106.9M | 123.0M | 129.1M | |
Net Debt | (36.2M) | 32.3M | 41.9M | 24.9M | 28.6M | 30.1M | |
Retained Earnings | 137.3M | 157.1M | 155.3M | 166.8M | 191.8M | 114.0M | |
Cash | 48.2M | 1.3M | 2.2M | 3.4M | 3.9M | 3.7M | |
Non Current Assets Total | 55.4M | 68.2M | 78.7M | 119.9M | 137.9M | 144.8M | |
Non Currrent Assets Other | 1.3M | 1.4M | 1.9M | 5.8M | 6.7M | 7.4M | |
Cash And Short Term Investments | 48.2M | 1.3M | 2.2M | 3.4M | 3.9M | 3.7M | |
Net Receivables | 32.2M | 56.0M | 41.1M | 38.2M | 43.9M | 36.9M | |
Common Stock Shares Outstanding | 8.0M | 7.5M | 6.5M | 5.4M | 6.2M | 7.7M | |
Liabilities And Stockholders Equity | 237.3M | 296.8M | 268.7M | 290.6M | 334.1M | 175.2M | |
Non Current Liabilities Total | 8.3M | 29.1M | 72.6M | 93.8M | 107.9M | 113.3M | |
Inventory | 70.6M | 161.1M | 141.2M | 122.1M | 140.4M | 147.4M | |
Other Current Assets | 18.5M | 9.4M | 5.0M | 6.4M | 7.4M | 7.6M | |
Other Stockholder Equity | 30.2M | 2.7M | (31.9M) | (33.5M) | (30.1M) | (28.6M) | |
Total Liab | 61.8M | 128.8M | 137.2M | 148.9M | 171.3M | 179.8M | |
Property Plant And Equipment Gross | 52.0M | 66.8M | 76.7M | 106.9M | 123.0M | 129.1M | |
Total Current Assets | 181.8M | 228.5M | 190.1M | 170.6M | 196.2M | 126.8M | |
Accounts Payable | 27.7M | 67.8M | 32.1M | 24.7M | 28.5M | 14.5M | |
Common Stock Total Equity | 8.0M | 8.1M | 8.2M | 8.3M | 9.5M | 7.8M | |
Common Stock | 8.0M | 8.1M | 8.2M | 8.3M | 9.5M | 7.8M | |
Other Liab | 685K | 29.1M | 823K | 577K | 663.6K | 630.4K | |
Other Assets | 9.1M | 3.4M | 1.4M | 1.9M | 1.7M | 1.7M | |
Property Plant Equipment | 52.0M | 66.8M | 76.7M | 38.7M | 44.4M | 45.4M | |
Net Tangible Assets | 175.5M | 168.0M | 131.6M | 141.6M | 127.5M | 143.2M | |
Non Current Liabilities Other | 685K | 29.1M | 34.8M | 65.6M | 75.4M | 79.2M | |
Net Invested Capital | 175.5M | 171.5M | 37.7M | 28.3M | 25.4M | 24.2M | |
Net Working Capital | 128.4M | 128.8M | 125.4M | 115.5M | 104.0M | 105.5M |
Building efficient market-beating portfolios requires time, education, and a lot of computing power!
The Portfolio Architect is an AI-driven system that provides multiple benefits to our users by leveraging cutting-edge machine learning algorithms, statistical analysis, and predictive modeling to automate the process of asset selection and portfolio construction, saving time and reducing human error for individual and institutional investors.
Try AI Portfolio ArchitectCheck 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 Backtesting module to avoid under-diversification and over-optimization by backtesting your portfolios.
Complementary Tools for Flexsteel Stock analysis
When running Flexsteel Industries' price analysis, check to measure Flexsteel Industries' 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 Flexsteel Industries is operating at the current time. Most of Flexsteel Industries' value examination focuses on studying past and present price action to predict the probability of Flexsteel Industries' future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Flexsteel Industries' price. Additionally, you may evaluate how the addition of Flexsteel Industries to your portfolios can decrease your overall portfolio volatility.
Commodity Channel Use Commodity Channel Index to analyze current equity momentum | |
Analyst Advice Analyst recommendations and target price estimates broken down by several categories | |
Balance Of Power Check stock momentum by analyzing Balance Of Power indicator and other technical ratios | |
Stock Tickers Use high-impact, comprehensive, and customizable stock tickers that can be easily integrated to any websites | |
Earnings Calls Check upcoming earnings announcements updated hourly across public exchanges | |
Positions Ratings Determine portfolio positions ratings based on digital equity recommendations. Macroaxis instant position ratings are based on combination of fundamental analysis and risk-adjusted market performance | |
Idea Analyzer Analyze all characteristics, volatility and risk-adjusted return of Macroaxis ideas | |
Portfolio File Import Quickly import all of your third-party portfolios from your local drive in csv format | |
Performance Analysis Check effects of mean-variance optimization against your current asset allocation |
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.