Floor Net Income From Continuing Ops vs Income Tax Expense Analysis

FND Stock  USD 112.76  3.47  3.18%   
Floor Decor financial indicator trend analysis is much more than just examining Floor Decor Holdings latest accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Floor Decor Holdings is a good investment. Please check the relationship between Floor Decor Net Income From Continuing Ops and its Income Tax Expense accounts. Check out Investing Opportunities to better understand how to build diversified portfolios, which includes a position in Floor Decor 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 board of governors.

Net Income From Continuing Ops vs Income Tax Expense

Net Income From Continuing Ops vs Income Tax Expense Correlation Analysis

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

Correlation Coefficient

0.76
Relationship DirectionPositive 
Relationship StrengthSignificant

Net Income From Continuing Ops

Income Tax Expense

Most indicators from Floor Decor's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Floor Decor 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 Floor Decor 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 board of governors.
The current year's Selling General Administrative is expected to grow to about 265.3 M. The current year's Tax Provision is expected to grow to about 68.8 M
 2021 2022 2023 2024 (projected)
Interest Expense4.9M11.1M9.9M10.0M
Depreciation And Amortization118.2M155.0M201.9M212.0M

Floor Decor fundamental ratios Correlations

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0.950.980.990.990.991.00.280.980.990.890.41.00.650.40.920.910.980.890.990.841.00.980.90.980.85
0.910.980.960.960.940.980.260.990.950.880.470.980.650.470.860.861.00.890.970.810.990.950.90.980.81
0.930.990.960.990.990.990.340.960.990.870.360.990.660.360.930.930.960.880.990.810.980.980.880.950.86
0.960.990.960.990.970.980.360.960.970.910.410.980.690.410.940.90.970.90.980.840.990.970.910.950.84
0.930.990.940.990.970.990.230.951.00.840.330.990.590.330.920.920.950.850.980.850.970.990.850.950.85
0.931.00.980.990.980.990.240.980.990.860.381.00.60.380.910.910.980.860.980.830.990.990.870.980.84
0.210.280.260.340.360.230.240.260.240.390.150.250.40.150.420.270.280.360.270.160.310.240.360.20.26
0.90.980.990.960.960.950.980.260.960.860.370.980.650.370.880.890.990.890.970.80.990.960.890.970.84
0.920.990.950.990.971.00.990.240.960.840.320.990.590.320.920.930.950.850.980.820.970.990.840.950.85
0.860.890.880.870.910.840.860.390.860.840.440.860.750.440.850.790.880.970.90.890.90.820.980.850.84
0.460.40.470.360.410.330.380.150.370.320.440.370.251.00.20.140.460.350.370.420.440.330.490.510.14
0.931.00.980.990.980.991.00.250.980.990.860.370.60.370.910.920.980.860.980.830.990.990.870.980.84
0.720.650.650.660.690.590.60.40.650.590.750.250.60.250.760.480.660.770.70.560.680.560.770.550.48
0.460.40.470.360.410.330.380.150.370.320.441.00.370.250.20.140.460.350.370.420.440.330.490.510.14
0.920.920.860.930.940.920.910.420.880.920.850.20.910.760.20.830.870.840.920.770.910.910.820.840.74
0.790.910.860.930.90.920.910.270.890.930.790.140.920.480.140.830.870.820.920.740.890.910.780.850.96
0.920.981.00.960.970.950.980.280.990.950.880.460.980.660.460.870.870.90.980.810.990.950.910.980.82
0.830.890.890.880.90.850.860.360.890.850.970.350.860.770.350.840.820.90.920.880.910.820.990.840.88
0.940.990.970.990.980.980.980.270.970.980.90.370.980.70.370.920.920.980.920.850.990.960.920.950.87
0.830.840.810.810.840.850.830.160.80.820.890.420.830.560.420.770.740.810.880.850.830.790.890.830.78
0.941.00.990.980.990.970.990.310.990.970.90.440.990.680.440.910.890.990.910.990.830.970.910.980.83
0.920.980.950.980.970.990.990.240.960.990.820.330.990.560.330.910.910.950.820.960.790.970.820.960.82
0.850.90.90.880.910.850.870.360.890.840.980.490.870.770.490.820.780.910.990.920.890.910.820.870.83
0.920.980.980.950.950.950.980.20.970.950.850.510.980.550.510.840.850.980.840.950.830.980.960.870.79
0.70.850.810.860.840.850.840.260.840.850.840.140.840.480.140.740.960.820.880.870.780.830.820.830.79
Click cells to compare fundamentals

Floor Decor Account Relationship Matchups

Floor Decor fundamental ratios Accounts

201920202021202220232024 (projected)
Common Stock Shares Outstanding105.0M106.1M107.4M107.4M107.9M111.8M
Total Assets2.3B2.9B3.7B4.4B4.7B4.9B
Short Long Term Debt Total1.1B1.2B1.4B1.7B1.6B1.7B
Other Current Liab102.8M174.7M248.9M298.0M332.9M349.6M
Total Current Liabilities552.5M698.8M1.0B1.0B1.2B1.2B
Total Stockholder Equity764.3M997.4M1.3B1.7B1.9B2.0B
Property Plant And Equipment Net1.3B1.5B2.0B2.5B2.9B3.1B
Current Deferred Revenue6.7M10.1M14.5M10.1M11.3M11.3M
Net Debt1.0B936.7M1.3B1.7B1.6B1.7B
Retained Earnings394.0M589.0M872.2M1.2B1.4B1.5B
Accounts Payable368.5M417.9M661.9M590.9M679.3M349.3M
Cash27.0M307.8M139.4M9.8M34.4M47.8M
Non Current Assets Total1.6B1.8B2.5B2.9B3.3B3.5B
Non Currrent Assets Other7.5M7.6M7.3M11.0M7.3M7.3M
Cash And Short Term Investments27.0M307.8M139.4M9.8M34.4M47.8M
Net Receivables72.2M50.4M85.0M102.1M127.4M133.8M
Liabilities And Stockholders Equity2.3B2.9B3.7B4.4B4.7B4.9B
Non Current Liabilities Total1.0B1.2B1.4B1.7B1.6B1.7B
Inventory581.9M654M1.0B1.3B1.1B602.4M
Other Current Assets20.4M28.3M40.8M53.3M48.7M51.2M
Other Stockholder Equity370.4M408.1M450.3M482.3M513.1M371.1M
Total Liab1.6B1.9B2.4B2.7B2.7B2.9B
Property Plant And Equipment Gross1.3B1.5B2.0B2.5B3.5B3.7B
Total Current Assets701.5M1.0B1.3B1.5B1.3B734.1M
Accumulated Other Comprehensive Income(193K)164K535K4.3M1.4M1.5M
Short Term Debt74.6M96.1M106.7M107.8M128.5M135.0M
Intangible Assets109.3M109.3M151.9M152.4M153.9M132.4M
Other Liab20.6M35.9M58.7M54.3M48.8M48.1M
Net Tangible Assets427.6M660.7M915.8M1.2B1.4B1.5B
Other Assets7.5M7.6M17.1M22.2M25.6M26.9M
Long Term Debt142.6M207.2M195.8M405.6M194.9M240.7M
Deferred Long Term Liab574K28.0M41.0M41.5M47.7M50.1M
Property Plant Equipment1.3B579.4M929.1M2.5B2.8B3.0B
Long Term Debt Total142.6M207.2M195.8M405.6M466.4M253.3M
Capital Surpluse370.4M408.1M450.3M482.3M554.7M379.0M
Common Stock98K101K104K106K107K108.0K
Common Stock Total Equity98K101K104K106K121.9K109.1K
Non Current Liabilities Other2.2M949.1M1.1B12.7M15.7M14.9M
Cash And Equivalents27.0M307.8M139.4M9.8M11.3M10.7M

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When determining whether Floor Decor Holdings is a strong investment it is important to analyze Floor Decor's 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 Floor Decor's future performance. For an informed investment choice regarding Floor Stock, refer to the following important reports:
Check out Investing Opportunities to better understand how to build diversified portfolios, which includes a position in Floor Decor 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 board of governors.
You can also try the Portfolio Analyzer module to portfolio analysis module that provides access to portfolio diagnostics and optimization engine.

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Is Floor Decor'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 Floor Decor. If investors know Floor 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 Floor Decor 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
(0.48)
Earnings Share
2.28
Revenue Per Share
41.537
Return On Assets
0.0451
Return On Equity
0.1371
The market value of Floor Decor Holdings is measured differently than its book value, which is the value of Floor that is recorded on the company's balance sheet. Investors also form their own opinion of Floor Decor's value that differs from its market value or its book value, called intrinsic value, which is Floor Decor'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 Floor Decor's market value can be influenced by many factors that don't directly affect Floor Decor'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 Floor Decor's value and its price as these two are different measures arrived at by different means. Investors typically determine if Floor Decor is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Floor Decor'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.