Confluent Net Receivables vs Deferred Long Term Liab Analysis
CFLT Stock | USD 30.61 2.04 7.14% |
Confluent financial indicator trend analysis is way more than just evaluating Confluent prevailing accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Confluent is a good investment. Please check the relationship between Confluent Net Receivables and its Deferred Long Term Liab accounts. Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in Confluent. 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. For more information on how to buy Confluent Stock please use our How to Invest in Confluent guide.
Net Receivables vs Deferred Long Term Liab
Net Receivables vs Deferred Long Term Liab Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Confluent Net Receivables account and Deferred Long Term Liab. At this time, the significance of the direction appears to have totally related.
The correlation between Confluent's Net Receivables and Deferred Long Term Liab is 0.99. Overlapping area represents the amount of variation of Net Receivables that can explain the historical movement of Deferred Long Term Liab in the same time period over historical financial statements of Confluent, assuming nothing else is changed. The correlation between historical values of Confluent's Net Receivables and Deferred Long Term 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 Net Receivables of Confluent are associated (or correlated) with its Deferred Long Term Liab. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Deferred Long Term Liab has no effect on the direction of Net Receivables i.e., Confluent's Net Receivables and Deferred Long Term Liab go up and down completely randomly.
Correlation Coefficient | 0.99 |
Relationship Direction | Positive |
Relationship Strength | Very Strong |
Net Receivables
Deferred Long Term Liab
Liabilities that are due after more than one year, including deferred tax liabilities and deferred revenue.Most indicators from Confluent's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Confluent 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 Confluent. 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. For more information on how to buy Confluent Stock please use our How to Invest in Confluent guide.At this time, Confluent's Sales General And Administrative To Revenue is comparatively stable compared to the past year. Enterprise Value is likely to gain to about 12.7 B in 2024, whereas Tax Provision is likely to drop slightly above 3.6 M in 2024.
2021 | 2022 | 2023 | 2024 (projected) | Interest Income | 2.0M | 6.5M | 7.5M | 4.2M | Net Interest Income | 2.0M | 6.5M | 7.5M | 4.2M |
Confluent fundamental ratios Correlations
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Confluent Account Relationship Matchups
High Positive Relationship
High Negative Relationship
Thematic Opportunities
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Additional Tools for Confluent Stock Analysis
When running Confluent's price analysis, check to measure Confluent'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 Confluent is operating at the current time. Most of Confluent's value examination focuses on studying past and present price action to predict the probability of Confluent's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Confluent's price. Additionally, you may evaluate how the addition of Confluent to your portfolios can decrease your overall portfolio volatility.