Confluent Other Assets vs Net Debt 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 Other Assets and its Net Debt 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.

Other Assets vs Net Debt

Other Assets vs Net Debt Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Confluent Other Assets account and Net Debt. At this time, the significance of the direction appears to have strong relationship.

The correlation between Confluent's Other Assets and Net Debt is 0.75. Overlapping area represents the amount of variation of Other Assets that can explain the historical movement of Net Debt in the same time period over historical financial statements of Confluent, assuming nothing else is changed. The correlation between historical values of Confluent's Other Assets and Net Debt is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Other Assets of Confluent are associated (or correlated) with its Net Debt. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Net Debt has no effect on the direction of Other Assets i.e., Confluent's Other Assets and Net Debt go up and down completely randomly.

Correlation Coefficient

0.75

Relationship Direction	Positive
Relationship Strength	Significant

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Other Assets

Net Debt

The total debt of a company minus its cash and cash equivalents. It represents the actual debt burden on the company after accounting for the liquid assets it holds.

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

Interest Income Net Interest Income

Confluent fundamental ratios Correlations

	Total Assets	Other Current Liab	Total Current Liabilities	Total Stockholder Equity	Other Liab	Net Tangible Assets	Property Plant And Equipment Net	Current Deferred Revenue	Net Debt	Retained Earnings	Accounts Payable	Cash	Non Current Assets Total	Non Currrent Assets Other	Other Assets	Cash And Short Term Investments	Net Receivables	Common Stock Total Equity	Common Stock Shares Outstanding	Short Term Investments	Non Current Liabilities Total	Inventory	Other Current Assets	Other Stockholder Equity	Total Liab	Deferred Long Term Liab
Total Assets		0.98	0.98	0.98	0.96	0.96	0.9	0.97	0.66	-0.91	0.8	0.8	0.93	0.97	0.96	1.0	0.94	0.98	0.89	0.94	0.98	0.45	0.97	0.94	0.99	0.97
Other Current Liab	0.98		0.99	0.95	0.98	0.94	0.92	0.98	0.7	-0.93	0.72	0.74	0.97	0.98	0.98	0.97	0.98	0.97	0.92	0.94	0.98	0.52	0.99	0.93	0.98	0.98
Total Current Liabilities	0.98	0.99		0.94	0.99	0.93	0.92	1.0	0.77	-0.95	0.78	0.68	0.98	0.99	0.99	0.97	0.99	0.96	0.93	0.98	0.98	0.6	1.0	0.94	0.99	0.99
Total Stockholder Equity	0.98	0.95	0.94		0.91	0.97	0.78	0.92	0.61	-0.85	0.79	0.82	0.86	0.91	0.91	0.98	0.89	0.98	0.86	0.9	0.92	0.34	0.92	0.93	0.93	0.92
Other Liab	0.96	0.98	0.99	0.91		0.89	0.91	1.0	0.77	-0.93	0.77	0.61	0.98	0.99	1.0	0.94	0.99	0.95	0.9	0.98	0.95	0.67	0.99	0.91	0.97	1.0
Net Tangible Assets	0.96	0.94	0.93	0.97	0.89		0.8	0.92	0.71	-0.92	0.76	0.79	0.86	0.91	0.89	0.96	0.89	0.91	0.94	0.89	0.92	0.35	0.92	0.99	0.93	0.89
Property Plant And Equipment Net	0.9	0.92	0.92	0.78	0.91	0.8		0.93	0.66	-0.87	0.69	0.65	0.96	0.95	0.93	0.88	0.91	0.83	0.81	0.86	0.96	0.58	0.94	0.8	0.95	0.92
Current Deferred Revenue	0.97	0.98	1.0	0.92	1.0	0.92	0.93		0.79	-0.96	0.79	0.64	0.98	1.0	0.99	0.96	0.99	0.95	0.93	0.98	0.97	0.64	1.0	0.94	0.98	1.0
Net Debt	0.66	0.7	0.77	0.61	0.77	0.71	0.66	0.79		-0.89	0.67	0.15	0.77	0.77	0.75	0.63	0.81	0.61	0.87	0.84	0.66	0.81	0.76	0.81	0.69	0.76
Retained Earnings	-0.91	-0.93	-0.95	-0.85	-0.93	-0.92	-0.87	-0.96	-0.89		-0.71	-0.55	-0.94	-0.94	-0.92	-0.89	-0.96	-0.84	-0.99	-0.94	-0.9	-0.64	-0.95	-0.97	-0.92	-0.93
Accounts Payable	0.8	0.72	0.78	0.79	0.77	0.76	0.69	0.79	0.67	-0.71		0.53	0.69	0.82	0.78	0.81	0.72	0.76	0.66	0.84	0.78	0.5	0.76	0.76	0.78	0.78
Cash	0.8	0.74	0.68	0.82	0.61	0.79	0.65	0.64	0.15	-0.55	0.53		0.6	0.66	0.63	0.83	0.58	0.76	0.57	0.54	0.78	-0.17	0.67	0.69	0.76	0.63
Non Current Assets Total	0.93	0.97	0.98	0.86	0.98	0.86	0.96	0.98	0.77	-0.94	0.69	0.6		0.98	0.98	0.91	0.99	0.9	0.91	0.95	0.96	0.67	0.99	0.89	0.97	0.98
Non Currrent Assets Other	0.97	0.98	0.99	0.91	0.99	0.91	0.95	1.0	0.77	-0.94	0.82	0.66	0.98		0.99	0.96	0.98	0.94	0.9	0.97	0.98	0.63	0.99	0.92	0.99	0.99
Other Assets	0.96	0.98	0.99	0.91	1.0	0.89	0.93	0.99	0.75	-0.92	0.78	0.63	0.98	0.99		0.95	0.99	0.95	0.89	0.98	0.96	0.66	1.0	0.9	0.98	1.0
Cash And Short Term Investments	1.0	0.97	0.97	0.98	0.94	0.96	0.88	0.96	0.63	-0.89	0.81	0.83	0.91	0.96	0.95		0.92	0.97	0.87	0.92	0.98	0.4	0.96	0.93	0.98	0.95
Net Receivables	0.94	0.98	0.99	0.89	0.99	0.89	0.91	0.99	0.81	-0.96	0.72	0.58	0.99	0.98	0.99	0.92		0.93	0.94	0.98	0.94	0.69	0.99	0.92	0.96	0.99
Common Stock Total Equity	0.98	0.97	0.96	0.98	0.95	0.91	0.83	0.95	0.61	-0.84	0.76	0.76	0.9	0.94	0.95	0.97	0.93		0.83	0.93	0.93	0.46	0.95	0.89	0.94	0.96
Common Stock Shares Outstanding	0.89	0.92	0.93	0.86	0.9	0.94	0.81	0.93	0.87	-0.99	0.66	0.57	0.91	0.9	0.89	0.87	0.94	0.83		0.91	0.87	0.57	0.92	0.98	0.89	0.89
Short Term Investments	0.94	0.94	0.98	0.9	0.98	0.89	0.86	0.98	0.84	-0.94	0.84	0.54	0.95	0.97	0.98	0.92	0.98	0.93	0.91		0.92	0.72	0.97	0.92	0.94	0.98
Non Current Liabilities Total	0.98	0.98	0.98	0.92	0.95	0.92	0.96	0.97	0.66	-0.9	0.78	0.78	0.96	0.98	0.96	0.98	0.94	0.93	0.87	0.92		0.48	0.98	0.91	1.0	0.96
Inventory	0.45	0.52	0.6	0.34	0.67	0.35	0.58	0.64	0.81	-0.64	0.5	-0.17	0.67	0.63	0.66	0.4	0.69	0.46	0.57	0.72	0.48		0.62	0.46	0.51	0.66
Other Current Assets	0.97	0.99	1.0	0.92	0.99	0.92	0.94	1.0	0.76	-0.95	0.76	0.67	0.99	0.99	1.0	0.96	0.99	0.95	0.92	0.97	0.98	0.62		0.93	0.99	0.99
Other Stockholder Equity	0.94	0.93	0.94	0.93	0.91	0.99	0.8	0.94	0.81	-0.97	0.76	0.69	0.89	0.92	0.9	0.93	0.92	0.89	0.98	0.92	0.91	0.46	0.93		0.92	0.9
Total Liab	0.99	0.98	0.99	0.93	0.97	0.93	0.95	0.98	0.69	-0.92	0.78	0.76	0.97	0.99	0.98	0.98	0.96	0.94	0.89	0.94	1.0	0.51	0.99	0.92		0.97
Deferred Long Term Liab	0.97	0.98	0.99	0.92	1.0	0.89	0.92	1.0	0.76	-0.93	0.78	0.63	0.98	0.99	1.0	0.95	0.99	0.96	0.89	0.98	0.96	0.66	0.99	0.9	0.97

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Confluent Account Relationship Matchups

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Confluent Other Assets vs Net Debt Analysis

Other Assets vs Net Debt

Other Assets vs Net Debt Correlation Analysis

Correlation Coefficient

Other Assets

Net Debt

Confluent fundamental ratios Correlations

Confluent Account Relationship Matchups

High Positive Relationship

High Negative Relationship

Thematic Opportunities

Explore Investment Opportunities

Additional Tools for Confluent Stock Analysis

COMMON DESTINATIONS

MAIN CATEGORIES

COMPANY

Cash And Short Term Investments	+ 1.0	Total Assets
Current Deferred Revenue	+ 1.0	Total Current Liabilities
Other Current Assets	+ 1.0	Total Current Liabilities
Current Deferred Revenue	+ 1.0	Other Liab
Other Assets	+ 1.0	Other Liab
Deferred Long Term Liab	+ 1.0	Other Liab

Common Stock Shares Outstanding	- 0.99	Retained Earnings
Other Stockholder Equity	- 0.97	Retained Earnings
Net Receivables	- 0.96	Retained Earnings
Retained Earnings	- 0.96	Current Deferred Revenue
Other Current Assets	- 0.95	Retained Earnings
Retained Earnings	- 0.95	Total Current Liabilities