Confluent Retained Earnings vs Good Will 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 Retained Earnings and its Good Will 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.

Retained Earnings vs Good Will

Retained Earnings vs Good Will Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Confluent Retained Earnings account and Good Will. At this time, the significance of the direction appears to have strong relationship.

The correlation between Confluent's Retained Earnings and Good Will is 0.78. Overlapping area represents the amount of variation of Retained Earnings that can explain the historical movement of Good Will in the same time period over historical financial statements of Confluent, assuming nothing else is changed. The correlation between historical values of Confluent's Retained Earnings and Good Will is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Retained Earnings of Confluent are associated (or correlated) with its Good Will. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Good Will has no effect on the direction of Retained Earnings i.e., Confluent's Retained Earnings and Good Will go up and down completely randomly.

Correlation Coefficient

0.78

Relationship Direction	Positive
Relationship Strength	Significant

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Retained Earnings

The cumulative amount of net income that a company retains for reinvestment in its operations, rather than distributing it to shareholders as dividends.

Good Will

An intangible asset that arises when a company acquires another business for more than the fair market value of its net identifiable assets, representing the value of the brand, customer base, and other intangible factors.

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 Retained Earnings vs Good Will Analysis

Retained Earnings vs Good Will

Retained Earnings vs Good Will Correlation Analysis

Correlation Coefficient

Retained Earnings

Good Will

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

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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