FLO Stock | | | 85.80 1.30 1.54% |
Flowtech Fluidpower financial indicator trend analysis is much more than just examining Flowtech Fluidpower plc latest accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Flowtech Fluidpower plc is a good investment. Please check the relationship between Flowtech Fluidpower Discontinued Operations and its Net Income accounts. Check out
Investing Opportunities to better understand how to build diversified portfolios, which includes a position in Flowtech Fluidpower plc. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as
signals in bureau of economic analysis.
Discontinued Operations vs Net Income
Discontinued Operations vs Net Income Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of
Flowtech Fluidpower plc Discontinued Operations account and
Net Income. At this time, the significance of the direction appears to have weak contrarian relationship.
The correlation between Flowtech Fluidpower's Discontinued Operations and Net Income is -0.07. Overlapping area represents the amount of variation of Discontinued Operations that can explain the historical movement of Net Income in the same time period over historical financial statements of Flowtech Fluidpower plc, assuming nothing else is changed. The correlation between historical values of Flowtech Fluidpower's Discontinued Operations and Net Income is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Discontinued Operations of Flowtech Fluidpower plc are associated (or correlated) with its Net Income. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Net Income has no effect on the direction of Discontinued Operations i.e., Flowtech Fluidpower's Discontinued Operations and Net Income go up and down completely randomly.
Correlation Coefficient | -0.07 |
Relationship Direction | Negative |
Relationship Strength | Insignificant |
Discontinued Operations
Net Income
Net income is one of the most important fundamental items in finance. It plays a large role in Flowtech Fluidpower plc financial statement analysis. It represents the amount of money remaining after all of Flowtech Fluidpower plc operating expenses, interest, taxes and preferred stock dividends have been deducted from a company total revenue.
Most indicators from Flowtech Fluidpower's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Flowtech Fluidpower plc 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 Flowtech Fluidpower plc. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as
signals in bureau of economic analysis.
As of November 29, 2024,
Selling General Administrative is expected to decline to about 18.7
M. In addition to that, Discontinued Operations is expected to decline to about (109.9
K)
Flowtech Fluidpower fundamental ratios Correlations
Click cells to compare fundamentals
Flowtech Fluidpower Account Relationship Matchups
High Positive Relationship
High Negative Relationship
Flowtech Fluidpower fundamental ratios Accounts
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Other Information on Investing in Flowtech Stock
Balance Sheet is a snapshot of the
financial position of Flowtech Fluidpower plc at a specified time, usually calculated after every quarter, six months, or one year. Flowtech Fluidpower Balance Sheet has two main parts: assets and liabilities. Liabilities are the debts or obligations of Flowtech Fluidpower 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 Flowtech currently owns. An asset can also be divided into two categories, current and non-current.