Flat Net Borrowings vs Change In Cash Analysis

601865 Stock

18.04 1.16 6.04%

Flat Glass financial indicator trend analysis is much more than just examining Flat Glass Group latest accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Flat Glass Group is a good investment. Please check the relationship between Flat Glass Net Borrowings and its Change In Cash accounts. Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in Flat Glass Group. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in nation.

Net Borrowings vs Change In Cash

Net Borrowings vs Change In Cash Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Flat Glass Group Net Borrowings account and Change In Cash. At this time, the significance of the direction appears to have very strong relationship.

The correlation between Flat Glass' Net Borrowings and Change In Cash is 0.88. Overlapping area represents the amount of variation of Net Borrowings that can explain the historical movement of Change In Cash in the same time period over historical financial statements of Flat Glass Group, assuming nothing else is changed. The correlation between historical values of Flat Glass' Net Borrowings and Change In Cash 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 Borrowings of Flat Glass Group are associated (or correlated) with its Change In Cash. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Change In Cash has no effect on the direction of Net Borrowings i.e., Flat Glass' Net Borrowings and Change In Cash go up and down completely randomly.

Correlation Coefficient

0.88

Relationship Direction	Positive
Relationship Strength	Strong

View All Relationships

Net Borrowings

The difference between the amount of new debt a company has taken on and the amount of debt it has paid off during a given period.

Change In Cash

Most indicators from Flat Glass' fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Flat Glass Group 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 Trending Equities to better understand how to build diversified portfolios, which includes a position in Flat Glass Group. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in nation.

At present, Flat Glass' Selling General Administrative is projected to decrease significantly based on the last few years of reporting. The current year's Issuance Of Capital Stock is expected to grow to about 7.3 B, whereas Tax Provision is forecasted to decline to about 168.4 M.

	2022	2023	2024	2025 (projected)
Gross Profit	3.4B	4.7B	5.4B	5.7B
Total Revenue	15.5B	21.5B	24.8B	26.0B

Gross Profit Total Revenue

Flat Glass fundamental ratios Correlations

	Total Assets	Other Current Liab	Total Current Liabilities	Total Stockholder Equity	Other Liab	Net Tangible Assets	Retained Earnings	Accounts Payable	Cash	Non Current Assets Total	Other Assets	Long Term Debt	Net Receivables	Short Term Investments	Non Current Liabilities Total	Inventory	Other Current Assets	Other Stockholder Equity	Total Liab	Short Long Term Debt	Total Current Assets	Intangible Assets	Common Stock	Property Plant Equipment	Net Debt	Common Stock Shares Outstanding
Total Assets		0.06	0.86	1.0	0.98	0.81	0.99	1.0	0.98	1.0	0.98	0.99	0.77	0.38	0.99	0.81	0.94	0.96	1.0	0.83	1.0	0.87	0.9	0.98	0.96	0.92
Other Current Liab	0.06		0.41	0.0	0.13	0.44	0.12	0.07	-0.12	0.06	0.11	0.0	0.05	0.09	-0.02	0.47	0.31	0.06	0.12	0.5	0.06	0.14	0.24	0.24	0.25	0.09
Total Current Liabilities	0.86	0.41		0.83	0.88	0.94	0.87	0.87	0.77	0.86	0.86	0.83	0.84	0.43	0.83	0.95	0.88	0.84	0.88	0.99	0.86	0.9	0.92	0.91	0.91	0.9
Total Stockholder Equity	1.0	0.0	0.83		0.96	0.81	0.99	0.99	0.99	0.99	0.96	0.98	0.74	0.4	0.98	0.8	0.94	0.94	0.98	0.8	1.0	0.86	0.9	0.97	0.93	0.93
Other Liab	0.98	0.13	0.88	0.96		0.78	0.96	0.98	0.93	0.98	0.98	0.98	0.81	0.33	0.98	0.81	0.9	0.98	0.99	0.86	0.97	0.86	0.87	0.97	0.99	0.88
Net Tangible Assets	0.81	0.44	0.94	0.81	0.78		0.85	0.81	0.75	0.81	0.77	0.75	0.66	0.49	0.75	0.97	0.92	0.71	0.81	0.94	0.82	0.85	0.94	0.88	0.8	0.9
Retained Earnings	0.99	0.12	0.87	0.99	0.96	0.85		0.99	0.97	0.99	0.96	0.97	0.75	0.43	0.97	0.84	0.96	0.93	0.99	0.85	1.0	0.88	0.92	0.99	0.95	0.93
Accounts Payable	1.0	0.07	0.87	0.99	0.98	0.81	0.99		0.98	1.0	0.97	0.99	0.79	0.4	0.99	0.81	0.93	0.96	1.0	0.83	1.0	0.87	0.9	0.98	0.96	0.92
Cash	0.98	-0.12	0.77	0.99	0.93	0.75	0.97	0.98		0.98	0.94	0.97	0.71	0.37	0.98	0.74	0.9	0.92	0.96	0.72	0.98	0.83	0.86	0.93	0.88	0.91
Non Current Assets Total	1.0	0.06	0.86	0.99	0.98	0.81	0.99	1.0	0.98		0.98	0.99	0.77	0.36	0.99	0.81	0.93	0.97	1.0	0.83	1.0	0.87	0.89	0.98	0.96	0.92
Other Assets	0.98	0.11	0.86	0.96	0.98	0.77	0.96	0.97	0.94	0.98		0.99	0.74	0.24	0.98	0.79	0.9	0.99	0.99	0.82	0.97	0.85	0.85	0.96	0.98	0.87
Long Term Debt	0.99	0.0	0.83	0.98	0.98	0.75	0.97	0.99	0.97	0.99	0.99		0.77	0.31	1.0	0.76	0.89	0.98	0.99	0.79	0.99	0.87	0.85	0.96	0.96	0.89
Net Receivables	0.77	0.05	0.84	0.74	0.81	0.66	0.75	0.79	0.71	0.77	0.74	0.77		0.52	0.77	0.66	0.62	0.77	0.79	0.8	0.76	0.87	0.77	0.75	0.79	0.82
Short Term Investments	0.38	0.09	0.43	0.4	0.33	0.49	0.43	0.4	0.37	0.36	0.24	0.31	0.52		0.31	0.32	0.4	0.22	0.35	0.46	0.4	0.61	0.58	0.41	0.3	0.56
Non Current Liabilities Total	0.99	-0.02	0.83	0.98	0.98	0.75	0.97	0.99	0.98	0.99	0.98	1.0	0.77	0.31		0.75	0.89	0.98	0.99	0.78	0.99	0.86	0.85	0.95	0.95	0.89
Inventory	0.81	0.47	0.95	0.8	0.81	0.97	0.84	0.81	0.74	0.81	0.79	0.76	0.66	0.32	0.75		0.91	0.75	0.82	0.95	0.81	0.78	0.89	0.88	0.83	0.86
Other Current Assets	0.94	0.31	0.88	0.94	0.9	0.92	0.96	0.93	0.9	0.93	0.9	0.89	0.62	0.4	0.89	0.91		0.85	0.93	0.88	0.94	0.82	0.92	0.97	0.9	0.9
Other Stockholder Equity	0.96	0.06	0.84	0.94	0.98	0.71	0.93	0.96	0.92	0.97	0.99	0.98	0.77	0.22	0.98	0.75	0.85		0.98	0.8	0.95	0.84	0.81	0.93	0.98	0.84
Total Liab	1.0	0.12	0.88	0.98	0.99	0.81	0.99	1.0	0.96	1.0	0.99	0.99	0.79	0.35	0.99	0.82	0.93	0.98		0.85	0.99	0.88	0.89	0.98	0.98	0.91
Short Long Term Debt	0.83	0.5	0.99	0.8	0.86	0.94	0.85	0.83	0.72	0.83	0.82	0.79	0.8	0.46	0.78	0.95	0.88	0.8	0.85		0.83	0.87	0.9	0.9	0.89	0.87
Total Current Assets	1.0	0.06	0.86	1.0	0.97	0.82	1.0	1.0	0.98	1.0	0.97	0.99	0.76	0.4	0.99	0.81	0.94	0.95	0.99	0.83		0.87	0.91	0.98	0.95	0.93
Intangible Assets	0.87	0.14	0.9	0.86	0.86	0.85	0.88	0.87	0.83	0.87	0.85	0.87	0.87	0.61	0.86	0.78	0.82	0.84	0.88	0.87	0.87		0.94	0.87	0.86	0.95
Common Stock	0.9	0.24	0.92	0.9	0.87	0.94	0.92	0.9	0.86	0.89	0.85	0.85	0.77	0.58	0.85	0.89	0.92	0.81	0.89	0.9	0.91	0.94		0.93	0.86	0.98
Property Plant Equipment	0.98	0.24	0.91	0.97	0.97	0.88	0.99	0.98	0.93	0.98	0.96	0.96	0.75	0.41	0.95	0.88	0.97	0.93	0.98	0.9	0.98	0.87	0.93		0.97	0.92
Net Debt	0.96	0.25	0.91	0.93	0.99	0.8	0.95	0.96	0.88	0.96	0.98	0.96	0.79	0.3	0.95	0.83	0.9	0.98	0.98	0.89	0.95	0.86	0.86	0.97		0.86
Common Stock Shares Outstanding	0.92	0.09	0.9	0.93	0.88	0.9	0.93	0.92	0.91	0.92	0.87	0.89	0.82	0.56	0.89	0.86	0.9	0.84	0.91	0.87	0.93	0.95	0.98	0.92	0.86

Click cells to compare fundamentals

Flat Glass Account Relationship Matchups

Flat Glass fundamental ratios Accounts

	2020	2021	2022	2023	2024	2025 (projected)
Total Assets	12.3B	20.1B	32.4B	43.0B	49.4B	51.9B
Other Current Liab	921.4M	1.5B	2.4B	12.3M	14.1M	13.4M
Total Current Liabilities	3.3B	6.2B	10.5B	9.2B	10.6B	5.4B
Total Stockholder Equity	7.2B	11.8B	14.0B	22.2B	25.5B	26.8B
Other Liab	132.4M	77.1M	129.7M	326.2M	375.1M	393.9M
Net Tangible Assets	4.1B	6.7B	11.1B	10.2B	11.8B	6.5B
Retained Earnings	4.7B	6.5B	8.1B	10.0B	11.5B	12.1B
Accounts Payable	1.4B	2.4B	3.5B	4.5B	5.2B	5.5B
Cash	1.6B	2.8B	2.9B	6.6B	7.6B	8.0B
Non Current Assets Total	6.7B	11.2B	20.0B	26.1B	30.1B	31.6B
Other Assets	316.0M	654.4M	896.8M	2.8B	3.3B	3.4B
Long Term Debt	1.6B	2.0B	7.5B	10.4B	12.0B	12.6B
Net Receivables	1.4B	1.1B	2.8B	3.7B	4.2B	2.3B
Non Current Liabilities Total	1.7B	2.1B	7.8B	11.5B	13.2B	13.9B
Inventory	479.4M	2.3B	2.4B	2.0B	2.3B	1.2B
Other Current Assets	142.6M	461.0M	986.0M	938.8M	1.1B	1.1B
Other Stockholder Equity	17.7M	37.4M	9.7M	562.7M	647.1M	679.4M
Total Liab	5.0B	8.3B	18.3B	20.7B	23.8B	25.0B
Short Long Term Debt	1.5B	3.2B	5.3B	4.0B	4.6B	2.4B
Total Current Assets	5.6B	8.9B	12.4B	16.8B	19.4B	20.3B
Intangible Assets	703.4M	580.5M	729.5M	795.4M	914.8M	688.0M
Common Stock	487.5M	510.3M	536.7M	536.7M	617.2M	537.6M
Property Plant Equipment	4.2B	5.4B	9.6B	13.3B	15.3B	16.1B
Net Debt	1.5B	2.3B	9.9B	7.8B	9.0B	9.4B
Common Stock Shares Outstanding	2.0B	2.1B	2.1B	2.4B	2.7B	2.2B
Net Invested Capital	10.3B	17.0B	26.8B	36.6B	42.1B	44.2B
Net Working Capital	2.2B	2.7B	1.8B	7.6B	8.8B	9.2B
Capital Stock	510.3M	536.7M	536.7M	587.8M	676.0M	570.0M
Property Plant And Equipment Net	6.2B	10.4B	19.0B	24.4B	28.0B	14.2B
Capital Lease Obligations	11.5M	11.5M	12.6M	575.8M	662.2M	695.3M
Property Plant And Equipment Gross	7.8B	12.5B	22.3B	29.5B	33.9B	17.2B

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Balance Sheet is a snapshot of the financial position of Flat Glass Group at a specified time, usually calculated after every quarter, six months, or one year. Flat Glass Balance Sheet has two main parts: assets and liabilities. Liabilities are the debts or obligations of Flat Glass and are divided into current liabilities and long term liabilities. An asset, on the other hand, is anything of value that can be converted into cash and which Flat currently owns. An asset can also be divided into two categories, current and non-current.

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Flat Net Borrowings vs Change In Cash Analysis

Net Borrowings vs Change In Cash

Net Borrowings vs Change In Cash Correlation Analysis

Correlation Coefficient

Net Borrowings

Change In Cash

Flat Glass fundamental ratios Correlations

Flat Glass Account Relationship Matchups

High Positive Relationship

High Negative Relationship

Flat Glass fundamental ratios Accounts

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Other Information on Investing in Flat Stock

COMMON DESTINATIONS

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COMPANY

Total Stockholder Equity	+ 1.0	Total Assets
Accounts Payable	+ 1.0	Total Assets
Non Current Assets Total	+ 1.0	Total Assets
Total Liab	+ 1.0	Total Assets
Total Current Assets	+ 1.0	Total Assets
Total Current Assets	+ 1.0	Total Stockholder Equity

Cash	- 0.12	Other Current Liab
Non Current Liabilities Total	- 0.02	Other Current Liab
Long Term Debt	- 0.0	Other Current Liab
Total Stockholder Equity	- 0.0	Other Current Liab