Confluent Property Plant Equipment vs Capital Stock Analysis

CFLT Stock  USD 31.52  0.91  2.97%   
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 Property Plant Equipment and its Capital Stock 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.

Property Plant Equipment vs Capital Stock

Property Plant Equipment vs Capital Stock Correlation Analysis

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

Correlation Coefficient

0.86
Relationship DirectionPositive 
Relationship StrengthStrong

Property Plant Equipment

Capital Stock

The total amount of a company's capital funded by shareholders through the issue and subscription of shares.
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 Income2.0M6.5M7.5M4.2M
Net Interest Income2.0M6.5M7.5M4.2M

Confluent fundamental ratios Correlations

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Confluent Account Relationship Matchups

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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.