Flex Accounts Payable vs Other Stockholder Equity Analysis

FLEX Stock  USD 38.97  0.15  0.39%   
Flex financial indicator trend analysis is much more than just examining Flex latest accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Flex is a good investment. Please check the relationship between Flex Accounts Payable and its Other Stockholder Equity accounts. Check out Investing Opportunities to better understand how to build diversified portfolios, which includes a position in Flex. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in income.
For more information on how to buy Flex Stock please use our How to Invest in Flex guide.

Accounts Payable vs Other Stockholder Equity

Accounts Payable vs Other Stockholder Equity Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Flex Accounts Payable account and Other Stockholder Equity. At this time, the significance of the direction appears to have pay attention.
The correlation between Flex's Accounts Payable and Other Stockholder Equity is -0.88. Overlapping area represents the amount of variation of Accounts Payable that can explain the historical movement of Other Stockholder Equity in the same time period over historical financial statements of Flex, assuming nothing else is changed. The correlation between historical values of Flex's Accounts Payable and Other Stockholder Equity is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Accounts Payable of Flex are associated (or correlated) with its Other Stockholder Equity. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Other Stockholder Equity has no effect on the direction of Accounts Payable i.e., Flex's Accounts Payable and Other Stockholder Equity go up and down completely randomly.

Correlation Coefficient

-0.88
Relationship DirectionNegative 
Relationship StrengthSignificant

Accounts Payable

An accounting item on the balance sheet that represents Flex 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 Flex 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.

Other Stockholder Equity

Most indicators from Flex's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Flex 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 Flex. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in income.
For more information on how to buy Flex Stock please use our How to Invest in Flex guide.At this time, Flex's Issuance Of Capital Stock is fairly stable compared to the past year. Enterprise Value is likely to rise to about 9.5 B in 2024, whereas Selling General Administrative is likely to drop slightly above 740.9 M in 2024.
 2021 2022 2023 2024 (projected)
Gross Profit1.9B2.3B2.0B1.2B
Total Revenue26.0B30.3B26.4B19.2B

Flex fundamental ratios Correlations

0.940.540.980.940.930.730.130.90.970.930.540.970.920.390.960.850.990.990.380.540.57-0.660.60.60.39
0.940.420.910.860.890.880.180.870.950.920.440.950.930.280.970.750.950.920.490.610.32-0.620.490.470.31
0.540.420.620.340.670.2-0.560.670.510.440.10.510.60.750.510.290.60.56-0.030.020.73-0.81-0.040.790.02
0.980.910.620.860.930.68-0.030.950.940.870.470.940.910.490.910.790.990.980.440.480.64-0.750.50.670.27
0.940.860.340.860.830.640.380.730.90.890.70.90.820.230.890.910.890.920.30.550.47-0.440.780.470.61
0.930.890.670.930.830.72-0.110.930.890.920.470.890.90.60.930.720.950.90.30.480.56-0.810.390.770.38
0.730.880.20.680.640.720.180.750.680.840.240.680.750.170.830.520.740.660.480.750.04-0.510.240.30.24
0.130.18-0.56-0.030.38-0.110.18-0.210.150.190.540.150.03-0.720.140.440.030.10.120.31-0.40.610.71-0.610.53
0.90.870.670.950.730.930.75-0.210.840.860.330.840.890.610.870.660.940.880.410.520.58-0.880.270.730.18
0.970.950.510.940.90.890.680.150.840.850.511.00.930.310.940.80.960.970.430.430.46-0.610.590.520.31
0.930.920.440.870.890.920.840.190.860.850.520.850.820.350.940.80.910.870.330.750.44-0.640.530.540.48
0.540.440.10.470.70.470.240.540.330.510.520.510.50.080.430.780.460.530.290.230.14-0.060.80.170.8
0.970.950.510.940.90.890.680.150.841.00.850.510.930.310.940.80.960.970.430.430.46-0.610.590.520.31
0.920.930.60.910.820.90.750.030.890.930.820.50.930.430.920.720.930.920.440.380.4-0.680.430.590.31
0.390.280.750.490.230.60.17-0.720.610.310.350.080.310.430.320.240.440.390.060.10.66-0.86-0.10.920.13
0.960.970.510.910.890.930.830.140.870.940.940.430.940.920.320.750.960.930.30.580.43-0.640.490.540.35
0.850.750.290.790.910.720.520.440.660.80.80.780.80.720.240.750.80.840.330.590.46-0.370.890.360.69
0.990.950.60.990.890.950.740.030.940.960.910.460.960.930.440.960.80.980.40.530.58-0.730.50.640.31
0.990.920.560.980.920.90.660.10.880.970.870.530.970.920.390.930.840.980.390.440.59-0.650.60.60.34
0.380.49-0.030.440.30.30.480.120.410.430.330.290.430.440.060.30.330.40.390.32-0.09-0.230.220.070.03
0.540.610.020.480.550.480.750.310.520.430.750.230.430.380.10.580.590.530.440.320.17-0.340.410.130.38
0.570.320.730.640.470.560.04-0.40.580.460.440.140.460.40.660.430.460.580.59-0.090.17-0.680.260.740.08
-0.66-0.62-0.81-0.75-0.44-0.81-0.510.61-0.88-0.61-0.64-0.06-0.61-0.68-0.86-0.64-0.37-0.73-0.65-0.23-0.34-0.680.06-0.880.02
0.60.49-0.040.50.780.390.240.710.270.590.530.80.590.43-0.10.490.890.50.60.220.410.260.060.020.74
0.60.470.790.670.470.770.3-0.610.730.520.540.170.520.590.920.540.360.640.60.070.130.74-0.880.020.19
0.390.310.020.270.610.380.240.530.180.310.480.80.310.310.130.350.690.310.340.030.380.080.020.740.19
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Flex Account Relationship Matchups

Flex fundamental ratios Accounts

201920202021202220232024 (projected)
Total Assets13.7B15.8B19.3B21.4B18.3B10.8B
Short Long Term Debt Total3.4B4.3B4.7B4.3B3.8B2.2B
Other Current Liab1.6B2.3B1.5B2.0B1.5B1.3B
Total Current Liabilities7.2B7.8B10.7B10.9B8.5B5.3B
Total Stockholder Equity2.8B3.4B4.1B5.4B5.3B3.2B
Property Plant And Equipment Net2.8B2.7B2.8B3.0B2.9B1.9B
Net Debt1.4B1.7B1.8B1.1B1.3B804.7M
Retained Earnings(2.9B)(2.3B)(1.4B)(560M)446M468.3M
Accounts Payable5.1B5.2B6.3B5.7B4.5B3.4B
Cash1.9B2.6B3.0B3.3B2.5B1.4B
Non Current Assets Total4.6B4.5B5.0B5.4B5.3B3.8B
Non Currrent Assets Other455.3M431M473M758M892M936.6M
Cash And Short Term Investments1.9B2.6B3.0B3.3B2.5B1.4B
Net Receivables2.7B4.2B3.9B3.7B3.3B2.1B
Common Stock Shares Outstanding512.4M506M483M462M441M524.6M
Liabilities And Stockholders Equity13.7B15.8B19.3B21.4B18.3B10.8B
Non Current Liabilities Total3.6B4.6B4.4B4.8B4.4B2.3B
Inventory3.8B3.9B6.6B7.5B6.2B6.5B
Total Liab10.9B12.4B15.1B15.7B12.9B7.6B
Total Current Assets9.1B11.4B14.3B16.0B13.0B7.0B
Short Term Debt149.1M268M949M150M136M173.0M
Intangible Assets262.4M213M411M316M245M391.6M
Other Current Assets660.1M590M903M1.8B1.0B789.1M
Current Deferred Revenue363.6M473M2.0B3.1B2.6B2.7B
Common Stock Total Equity6.3B6.2B6.1B6.5B7.5B4.8B
Property Plant And Equipment Gross2.8B2.7B2.8B3.0B7.3B7.7B
Accumulated Other Comprehensive Income(214.7M)(119M)(182M)(194M)(195M)(185.3M)
Common Stock6.3B6.2B6.1B6.5B5.1B5.3B
Other Liab507.6M412.3M489M608M699.2M375.5M
Other Assets233.9M327.2M431M473M425.7M422.4M
Long Term Debt2.7B3.5B3.2B3.7B3.3B2.4B
Property Plant Equipment2.2B2.1B2.8B2.3B2.7B2.3B
Good Will1.1B1.1B1.3B1.3B1.1B1.1B
Net Tangible Assets2.0B2.7B2.4B3.7B4.2B2.2B
Retained Earnings Total Equity(2.9B)(2.3B)(1.4B)(560M)(644M)(676.2M)

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Additional Tools for Flex Stock Analysis

When running Flex's price analysis, check to measure Flex's 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 Flex is operating at the current time. Most of Flex's value examination focuses on studying past and present price action to predict the probability of Flex's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Flex's price. Additionally, you may evaluate how the addition of Flex to your portfolios can decrease your overall portfolio volatility.