Fluence Inventory vs Other Current Liab Analysis

FLNC Stock  USD 16.67  0.25  1.52%   
Fluence Energy financial indicator trend analysis is much more than just examining Fluence Energy latest accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Fluence Energy is a good investment. Please check the relationship between Fluence Energy Inventory and its Other Current Liab accounts. Check out Investing Opportunities to better understand how to build diversified portfolios, which includes a position in Fluence Energy. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in board of governors.
For information on how to trade Fluence Stock refer to our How to Trade Fluence Stock guide.

Inventory vs Other Current Liab

Inventory vs Other Current Liab Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Fluence Energy Inventory account and Other Current Liab. At this time, the significance of the direction appears to have very strong relationship.
The correlation between Fluence Energy's Inventory and Other Current Liab is 0.86. Overlapping area represents the amount of variation of Inventory that can explain the historical movement of Other Current Liab in the same time period over historical financial statements of Fluence Energy, assuming nothing else is changed. The correlation between historical values of Fluence Energy's Inventory and Other Current Liab is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Inventory of Fluence Energy are associated (or correlated) with its Other Current Liab. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Other Current Liab has no effect on the direction of Inventory i.e., Fluence Energy's Inventory and Other Current Liab go up and down completely randomly.

Correlation Coefficient

0.86
Relationship DirectionPositive 
Relationship StrengthStrong

Inventory

Other Current Liab

Most indicators from Fluence Energy's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Fluence Energy 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 Fluence Energy. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in board of governors.
For information on how to trade Fluence Stock refer to our How to Trade Fluence Stock guide.At present, Fluence Energy's Enterprise Value Over EBITDA is projected to increase significantly based on the last few years of reporting. The current year's Enterprise Value Multiple is expected to grow to 62.52, whereas Tax Provision is forecasted to decline to about 2.9 M.
 2021 2022 2023 2024 (projected)
Interest Expense2.0M5.4M6.2M6.5M
Depreciation And Amortization7.1M10.7M14.5M7.9M

Fluence Energy fundamental ratios Correlations

0.90.970.920.110.841.00.96-0.81-0.760.840.950.960.810.930.940.80.980.940.230.730.790.890.960.980.9
0.90.950.740.40.610.910.85-0.58-0.870.810.730.780.680.770.720.790.830.750.130.560.860.760.850.950.71
0.970.950.840.290.730.970.9-0.7-0.810.880.860.910.80.860.840.810.920.890.170.640.830.870.911.00.83
0.920.740.84-0.180.970.920.92-0.96-0.580.860.940.910.910.990.950.670.920.90.270.70.670.950.910.850.99
0.110.40.29-0.18-0.360.13-0.070.44-0.490.14-0.19-0.03-0.09-0.11-0.220.190.02-0.06-0.19-0.090.43-0.040.050.28-0.17
0.840.610.730.97-0.360.830.89-0.99-0.410.760.930.880.870.970.930.650.880.870.190.760.50.910.830.740.98
1.00.910.970.920.130.830.96-0.8-0.80.830.930.940.790.930.930.770.980.910.270.710.830.880.980.970.9
0.960.850.90.92-0.070.890.96-0.87-0.670.760.960.940.770.930.950.810.970.910.20.810.70.850.940.910.92
-0.81-0.58-0.7-0.960.44-0.99-0.8-0.870.36-0.77-0.92-0.86-0.88-0.93-0.92-0.62-0.84-0.87-0.21-0.7-0.45-0.9-0.8-0.71-0.95
-0.76-0.87-0.81-0.58-0.49-0.41-0.8-0.670.36-0.61-0.54-0.56-0.4-0.58-0.61-0.42-0.68-0.51-0.51-0.26-0.99-0.53-0.83-0.8-0.53
0.840.810.880.860.140.760.830.76-0.77-0.610.750.80.950.850.740.680.770.820.080.470.670.950.750.880.83
0.950.730.860.94-0.190.930.930.96-0.92-0.540.750.980.820.940.980.770.970.970.210.820.590.870.910.870.94
0.960.780.910.91-0.030.880.940.94-0.86-0.560.80.980.850.930.940.840.970.990.090.840.60.890.890.920.92
0.810.680.80.91-0.090.870.790.77-0.88-0.40.950.820.850.910.780.720.790.87-0.040.630.490.990.710.80.91
0.930.770.860.99-0.110.970.930.93-0.93-0.580.850.940.930.910.930.760.950.910.140.780.650.960.90.871.0
0.940.720.840.95-0.220.930.930.95-0.92-0.610.740.980.940.780.930.660.950.930.380.720.660.850.950.850.93
0.80.790.810.670.190.650.770.81-0.62-0.420.680.770.840.720.760.660.810.83-0.370.870.420.750.640.820.72
0.980.830.920.920.020.880.980.97-0.84-0.680.770.970.970.790.950.950.810.940.190.830.720.870.950.930.93
0.940.750.890.9-0.060.870.910.91-0.87-0.510.820.970.990.870.910.930.830.940.060.810.550.90.850.90.91
0.230.130.170.27-0.190.190.270.2-0.21-0.510.080.210.09-0.040.140.38-0.370.190.06-0.270.530.050.450.160.15
0.730.560.640.7-0.090.760.710.81-0.7-0.260.470.820.840.630.780.720.870.830.81-0.270.290.670.640.660.78
0.790.860.830.670.430.50.830.7-0.45-0.990.670.590.60.490.650.660.420.720.550.530.290.610.860.820.61
0.890.760.870.95-0.040.910.880.85-0.9-0.530.950.870.890.990.960.850.750.870.90.050.670.610.810.870.95
0.960.850.910.910.050.830.980.94-0.8-0.830.750.910.890.710.90.950.640.950.850.450.640.860.810.910.88
0.980.951.00.850.280.740.970.91-0.71-0.80.880.870.920.80.870.850.820.930.90.160.660.820.870.910.83
0.90.710.830.99-0.170.980.90.92-0.95-0.530.830.940.920.911.00.930.720.930.910.150.780.610.950.880.83
Click cells to compare fundamentals

Fluence Energy Account Relationship Matchups

Fluence Energy fundamental ratios Accounts

201920202021202220232024 (projected)
Total Assets364.0M717.7M1.7B1.4B1.9B1.1B
Other Current Liab294.2M428.9M518.6M355.1M459.3M378.1M
Total Current Liabilities378.2M771.5M1.1B745.7M1.3B811.1M
Total Stockholder Equity(117.1M)(173.4M)629.2M402.3M607.1M637.5M
Property Plant And Equipment Net5.2M8.2M16.2M12.8M15.4M11.3M
Current Deferred Revenue123.8M71.4M273.1M273.2M274.5M196.0M
Net Debt(93.8M)113.2M(354.6M)(295.3M)(418.3M)(397.4M)
Retained Earnings(117.3M)(279.3M)(383.8M)(174.2M)(156.7M)(164.6M)
Accounts Payable78.1M158.4M304.9M65.4M436.7M458.6M
Cash93.8M36.8M357.3M345.9M448.7M250.5M
Non Current Assets Total36.6M56.2M144.1M157.2M221.7M120.3M
Non Currrent Assets Other353K1.5M48.4M31.6M110.0M115.5M
Cash And Short Term Investments93.8M36.8M467.7M345.9M448.7M274.4M
Net Receivables186.8M182.0M86.8M354.0M419.5M229.9M
Good Will4.7M9.2M24.9M26.0M27.5M17.8M
Liabilities And Stockholders Equity381.3M600.4M1.7B1.4B1.9B1.1B
Non Current Liabilities Total3.0M2.4M7.0M50.2M36.2M18.6M
Inventory37.3M389.8M652.7M224.9M182.6M274.6M
Other Current Assets9.6M52.9M394.4M271.3M629.7M661.1M
Other Stockholder Equity(99.9M)106.2M1.0B573.3M607.1M385.4M
Total Liab381.3M773.9M1.1B795.8M1.3B829.7M
Net Invested Capital(17.2M)43.8M435.8M452.9M520.8M546.9M
Total Current Assets327.5M661.5M1.6B1.2B1.7B1.0B
Accumulated Other Comprehensive Income201K(285K)2.8M3.2M3.7M3.9M
Non Current Liabilities Other2.6M2.1M1.1M17.3M19.9M20.9M
Net Working Capital(50.8M)(110.0M)492.1M449.3M516.7M542.5M
Short Term Debt166.1M100M1.7M22.5M30.4M54.3M
Intangible Assets26.3M36.1M51.7M55.8M60.0M47.4M

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When determining whether Fluence Energy offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of Fluence Energy's financial statements, including income statements, balance sheets, and cash flow statements, to assess its financial health. Key financial ratios are used to gauge profitability, efficiency, and growth potential of Fluence Energy Stock. Outlined below are crucial reports that will aid in making a well-informed decision on Fluence Energy Stock:
Check out Investing Opportunities to better understand how to build diversified portfolios, which includes a position in Fluence Energy. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in board of governors.
For information on how to trade Fluence Stock refer to our How to Trade Fluence Stock guide.
You can also try the Fundamental Analysis module to view fundamental data based on most recent published financial statements.
Is Electrical Components & Equipment space 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 Fluence Energy. If investors know Fluence 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 Fluence Energy listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Earnings Share
0.13
Revenue Per Share
17.408
Quarterly Revenue Growth
(0.1)
Return On Assets
(0.01)
Return On Equity
(0.06)
The market value of Fluence Energy is measured differently than its book value, which is the value of Fluence that is recorded on the company's balance sheet. Investors also form their own opinion of Fluence Energy's value that differs from its market value or its book value, called intrinsic value, which is Fluence Energy'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 Fluence Energy's market value can be influenced by many factors that don't directly affect Fluence Energy'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 Fluence Energy's value and its price as these two are different measures arrived at by different means. Investors typically determine if Fluence Energy is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Fluence Energy'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.