Fluor Property Plant Equipment vs Total Revenue Analysis
FLR Stock | USD 55.79 1.07 1.96% |
Fluor financial indicator trend analysis is much more than just examining Fluor latest accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Fluor is a good investment. Please check the relationship between Fluor Property Plant Equipment and its Total Revenue accounts. Check out Investing Opportunities to better understand how to build diversified portfolios, which includes a position in Fluor. 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. To learn how to invest in Fluor Stock, please use our How to Invest in Fluor guide.
Property Plant Equipment vs Total Revenue
Property Plant Equipment vs Total Revenue Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Fluor Property Plant Equipment account and Total Revenue. At this time, the significance of the direction appears to have strong relationship.
The correlation between Fluor's Property Plant Equipment and Total Revenue is 0.64. Overlapping area represents the amount of variation of Property Plant Equipment that can explain the historical movement of Total Revenue in the same time period over historical financial statements of Fluor, assuming nothing else is changed. The correlation between historical values of Fluor's Property Plant Equipment and Total Revenue 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 Fluor are associated (or correlated) with its Total Revenue. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Total Revenue has no effect on the direction of Property Plant Equipment i.e., Fluor's Property Plant Equipment and Total Revenue go up and down completely randomly.
Correlation Coefficient | 0.64 |
Relationship Direction | Positive |
Relationship Strength | Significant |
Property Plant Equipment
Total Revenue
Total revenue comprises all receipts Fluor generated from the sale of its products or services. The total amount of income generated by the sale of goods or services related to the company's primary operations.Most indicators from Fluor's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Fluor 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 Fluor. 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. To learn how to invest in Fluor Stock, please use our How to Invest in Fluor guide.At this time, Fluor's Enterprise Value Over EBITDA is relatively stable compared to the past year. As of 11/25/2024, Enterprise Value Multiple is likely to grow to 14.19, while Tax Provision is likely to drop slightly above 162.4 M.
2021 | 2022 | 2023 | 2024 (projected) | Total Revenue | 12.4B | 13.7B | 15.5B | 17.7B | Interest Expense | 84.5M | 59M | 60M | 57M |
Fluor fundamental ratios Correlations
Click cells to compare fundamentals
Fluor Account Relationship Matchups
High Positive Relationship
High Negative Relationship
Fluor fundamental ratios Accounts
2019 | 2020 | 2021 | 2022 | 2023 | 2024 (projected) | ||
Total Assets | 8.0B | 7.3B | 7.3B | 6.8B | 7.0B | 6.9B | |
Short Long Term Debt Total | 1.7B | 1.7B | 1.2B | 1.1B | 1.2B | 770.9M | |
Other Current Liab | 1.2B | 2.5B | 1.4B | 1.3B | 3.2B | 3.3B | |
Total Current Liabilities | 3.9B | 3.6B | 3.9B | 3.2B | 3.2B | 3.1B | |
Total Stockholder Equity | 1.5B | 1.0B | 1.4B | 1.8B | 1.9B | 2.4B | |
Property Plant And Equipment Net | 543.0M | 561.1M | 386.6M | 447M | 458M | 636.3M | |
Net Debt | (306.7M) | (463.3M) | (1.0B) | (1.3B) | (1.4B) | (1.3B) | |
Non Current Assets Total | 2.5B | 2.3B | 1.7B | 1.8B | 1.9B | 2.5B | |
Non Currrent Assets Other | 478.6M | 755.5M | 558.8M | 512M | 581M | 610.1M | |
Common Stock Shares Outstanding | 140.2M | 140.5M | 141M | 145M | 153M | 127.8M | |
Liabilities And Stockholders Equity | 7.9B | 7.3B | 7.3B | 6.8B | 7.0B | 6.9B | |
Non Current Liabilities Total | 2.5B | 2.5B | 1.8B | 1.6B | 1.8B | 1.5B | |
Other Current Assets | 906.7M | 1.0B | 608M | 396M | 347M | 329.7M | |
Other Stockholder Equity | (379.9M) | 195.9M | 967M | 1.3B | 959M | 1.0B | |
Total Liab | 6.4B | 6.0B | 5.7B | 4.8B | 4.9B | 4.9B | |
Total Current Assets | 5.5B | 5.0B | 5.6B | 5.0B | 5.1B | 4.7B | |
Short Term Debt | 38.7M | 4.9M | 18M | 152M | 1.9B | 1.9B | |
Other Assets | 635.7M | 1.3B | 609.9M | 398M | 358.2M | 340.3M | |
Other Liab | 606.6M | 764.5M | 641.5M | 534M | 614.1M | 610.5M | |
Retained Earnings | 1.7B | 1.2B | 790.4M | 896M | 979M | 930.1M | |
Accounts Payable | 1.5B | 1.1B | 1.2B | 1.0B | 1.2B | 1.3B | |
Cash | 2.0B | 2.2B | 2.2B | 2.4B | 2.5B | 1.8B | |
Long Term Debt | 1.7B | 1.7B | 1.2B | 978M | 1.2B | 721.7M | |
Cash And Short Term Investments | 2.0B | 2.2B | 2.3B | 2.6B | 2.6B | 1.9B | |
Net Receivables | 2.0B | 1.8B | 2.2B | 2.0B | 2.1B | 1.5B | |
Good Will | 450.4M | 349.3M | 206.5M | 206M | 185.4M | 176.1M | |
Accumulated Other Comprehensive Income | (380M) | (416.9M) | (365.7M) | (365M) | (269M) | (282.5M) | |
Property Plant Equipment | 854.9M | 561.1M | 386.6M | 447M | 514.1M | 835.9M | |
Short Term Investments | 7.3M | 23.3M | 127.2M | 185M | 69M | 65.6M | |
Net Tangible Assets | 979.3M | 1.7B | 1.2B | 2.4B | 2.1B | 2.2B | |
Noncontrolling Interest In Consolidated Entity | 96.3M | 233.0M | 174.2M | 210M | 241.5M | 133.5M | |
Retained Earnings Total Equity | 1.7B | 1.2B | 790.4M | 896M | 806.4M | 766.1M | |
Long Term Debt Total | 1.7B | 1.7B | 1.2B | 978M | 1.1B | 1.1B | |
Capital Surpluse | 165.3M | 195.9M | 966.3M | 1.3B | 1.4B | 1.5B |
Pair Trading with Fluor
One of the main advantages of trading using pair correlations is that every trade hedges away some risk. Because there are two separate transactions required, even if Fluor position performs unexpectedly, the other equity can make up some of the losses. Pair trading also minimizes risk from directional movements in the market. For example, if an entire industry or sector drops because of unexpected headlines, the short position in Fluor will appreciate offsetting losses from the drop in the long position's value.Moving together with Fluor Stock
The ability to find closely correlated positions to Fluor could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Fluor when you sell it. If you don't do this, your portfolio allocation will be skewed against your target asset allocation. So, investors can't just sell and buy back Fluor - that would be a violation of the tax code under the "wash sale" rule, and this is why you need to find a similar enough asset and use the proceeds from selling Fluor to buy it.
The correlation of Fluor is a statistical measure of how it moves in relation to other instruments. This measure is expressed in what is known as the correlation coefficient, which ranges between -1 and +1. A perfect positive correlation (i.e., a correlation coefficient of +1) implies that as Fluor moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Fluor moves in either direction, the perfectly negatively correlated security will move in the opposite direction. If the correlation is 0, the equities are not correlated; they are entirely random. A correlation greater than 0.8 is generally described as strong, whereas a correlation less than 0.5 is generally considered weak.
Correlation analysis and pair trading evaluation for Fluor can also be used as hedging techniques within a particular sector or industry or even over random equities to generate a better risk-adjusted return on your portfolios.Additional Tools for Fluor Stock Analysis
When running Fluor's price analysis, check to measure Fluor'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 Fluor is operating at the current time. Most of Fluor's value examination focuses on studying past and present price action to predict the probability of Fluor's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Fluor's price. Additionally, you may evaluate how the addition of Fluor to your portfolios can decrease your overall portfolio volatility.