FLEX Stock | | | USD 40.53 0.70 1.76% |
Flex financial indicator trend analysis is much more than just examining Flex latest accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Flex is a good investment. Please check the relationship between Flex Long Term Debt Total and its Short Long Term Debt accounts. Check out
Investing Opportunities to better understand how to build diversified portfolios, which includes a position in Flex. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as
signals in income.
For more information on how to buy Flex Stock please use our
How to Invest in Flex guide.
Long Term Debt Total vs Short Long Term Debt
Long Term Debt Total vs Short Long Term Debt Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of
Flex Long Term Debt Total account and
Short Long Term Debt. At this time, the significance of the direction appears to have strong contrarian relationship.
The correlation between Flex's Long Term Debt Total and Short Long Term Debt is -0.6. Overlapping area represents the amount of variation of Long Term Debt Total that can explain the historical movement of Short Long Term Debt in the same time period over historical financial statements of Flex, assuming nothing else is changed. The correlation between historical values of Flex's Long Term Debt Total and Short Long Term 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 Long Term Debt Total of Flex are associated (or correlated) with its Short Long Term Debt. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Short Long Term Debt has no effect on the direction of Long Term Debt Total i.e., Flex's Long Term Debt Total and Short Long Term Debt go up and down completely randomly.
Correlation Coefficient | -0.6 |
Relationship Direction | Negative |
Relationship Strength | Weak |
Long Term Debt Total
Short Long Term Debt
The total of a company's short-term and long-term borrowings.
Most indicators from Flex's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Flex 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 Flex. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as
signals in income.
For more information on how to buy Flex Stock please use our
How to Invest in Flex guide.At this time, Flex's
Issuance Of Capital Stock is fairly stable compared to the past year.
Enterprise Value is likely to rise to about 9.5
B in 2024, whereas
Selling General Administrative is likely to drop slightly above 740.9
M in 2024.
Flex fundamental ratios Correlations
Click cells to compare fundamentals
Flex Account Relationship Matchups
High Positive Relationship
High Negative Relationship
Flex fundamental ratios Accounts
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Additional Tools for Flex Stock Analysis
When running Flex's price analysis, check to
measure Flex'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 Flex is operating at the current time. Most of Flex's value examination focuses on studying past and present price action to
predict the probability of Flex's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Flex's price. Additionally, you may evaluate how the addition of Flex to your portfolios can decrease your overall portfolio volatility.