Flowtech Selling General Administrative vs Discontinued Operations Analysis
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 Selling General Administrative and its Discontinued Operations 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.
Selling General Administrative vs Discontinued Operations
Selling General Administrative vs Discontinued Operations Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Flowtech Fluidpower plc Selling General Administrative account and Discontinued Operations. At this time, the significance of the direction appears to have strong relationship.
The correlation between Flowtech Fluidpower's Selling General Administrative and Discontinued Operations is 0.76. Overlapping area represents the amount of variation of Selling General Administrative that can explain the historical movement of Discontinued Operations 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 Selling General Administrative and Discontinued Operations is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Selling General Administrative of Flowtech Fluidpower plc are associated (or correlated) with its Discontinued Operations. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Discontinued Operations has no effect on the direction of Selling General Administrative i.e., Flowtech Fluidpower's Selling General Administrative and Discontinued Operations go up and down completely randomly.
Correlation Coefficient | 0.76 |
Relationship Direction | Positive |
Relationship Strength | Significant |
Selling General Administrative
Discontinued Operations
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)
2021 | 2022 | 2023 | 2024 (projected) | Interest Expense | 833K | 1.2M | 1.7M | 1.6M | Depreciation And Amortization | 3.8M | 3.9M | 4.3M | 2.5M |
Flowtech Fluidpower fundamental ratios Correlations
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Flowtech Fluidpower Account Relationship Matchups
High Positive Relationship
High Negative Relationship
Flowtech Fluidpower fundamental ratios Accounts
2019 | 2020 | 2021 | 2022 | 2023 | 2024 (projected) | ||
Total Assets | 133.9M | 133.3M | 138.6M | 130.4M | 117.0M | 110.6M | |
Short Long Term Debt Total | 28.4M | 27.6M | 27.1M | 26.7M | 25.4M | 24.1M | |
Other Current Liab | 5.1M | 3.1M | 4.8M | 5.9M | 5.7M | 4.7M | |
Total Current Liabilities | 33.7M | 19.3M | 23.3M | 42.5M | 24.0M | 25.7M | |
Total Stockholder Equity | 87.5M | 86.0M | 88.0M | 81.3M | 67.4M | 55.7M | |
Property Plant And Equipment Net | 14.8M | 14.2M | 13.8M | 13.3M | 12.7M | 7.8M | |
Net Debt | 25.0M | 18.4M | 22.5M | 22.7M | 20.2M | 21.5M | |
Retained Earnings | (4.1M) | (5.9M) | (3.3M) | (10.6M) | (24.4M) | (23.2M) | |
Accounts Payable | 10.4M | 10.8M | 15.7M | 12.6M | 13.6M | 9.0M | |
Cash | 3.4M | 9.2M | 4.6M | 4.0M | 5.2M | 3.6M | |
Non Current Assets Total | 84.3M | 82.9M | 81.5M | 69.9M | 55.2M | 67.9M | |
Non Currrent Assets Other | (63.0M) | (63.2M) | (63.2M) | (53.1M) | (1.0) | (1.05) | |
Cash And Short Term Investments | 3.4M | 9.2M | 4.6M | 4.0M | 5.2M | 3.6M | |
Good Will | 63.0M | 63.0M | 63.2M | 53.1M | 40.1M | 56.2M | |
Common Stock Total Equity | 26.4M | 30.5M | 30.6M | 30.7M | 35.4M | 20.1M | |
Liabilities And Stockholders Equity | 133.9M | 133.3M | 138.6M | 130.4M | 117.0M | 110.6M | |
Non Current Liabilities Total | 12.7M | 28.0M | 27.3M | 6.6M | 25.6M | 20.6M | |
Inventory | 24M | 22.0M | 30.5M | 31.5M | 32.0M | 21.3M | |
Other Current Assets | 1.1M | 1.3M | 1.6M | 2.2M | 2.5M | 1.3M | |
Other Stockholder Equity | 60.8M | 61.0M | 57.0M | 61.0M | 57.0M | 43.2M | |
Total Liab | 46.4M | 47.3M | 50.6M | 49.1M | 49.6M | 39.9M | |
Property Plant And Equipment Gross | 14.8M | 14.2M | 27.3M | 13.3M | 31.3M | 32.8M | |
Total Current Assets | 49.6M | 50.4M | 57.1M | 60.5M | 61.8M | 42.7M | |
Accumulated Other Comprehensive Income | 431K | 530K | (99.0K) | 346K | 4.0M | 4.2M | |
Short Term Debt | 17.7M | 1.5M | 957K | 21.7M | (530K) | (503.5K) | |
Common Stock | 26.4M | 30.5M | 30.6M | 30.7M | 35.4M | 21.6M | |
Current Deferred Revenue | 298K | (7.0M) | 604K | 1.1M | 2.2M | 2.7M | |
Net Receivables | 21.1M | 18.7M | 20.4M | 22.8M | 22.1M | 17.4M | |
Common Stock Shares Outstanding | 61.3M | 61.4M | 61.9M | 61.5M | 70.7M | 51.6M | |
Other Liab | 1.9M | 1.8M | 1.8M | 1.6M | 1.8M | 2.0M | |
Net Tangible Assets | 17.9M | 17.4M | 20.3M | 24.7M | 28.4M | 29.9M | |
Property Plant Equipment | 14.8M | 14.2M | 13.8M | 13.3M | 15.3M | 8.9M | |
Intangible Assets | 69.6M | 68.6M | 67.7M | 56.6M | 2.5M | 2.4M | |
Capital Lease Obligations | 8.4M | 7.7M | 7.1M | 6.7M | 5.5M | 4.9M | |
Net Invested Capital | 107.5M | 105.9M | 107.9M | 101.3M | 87.3M | 81.6M | |
Net Working Capital | 15.9M | 31.1M | 33.9M | 18.0M | 37.8M | 25.9M |
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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.