FLS Stock | | | USD 61.85 0.85 1.39% |
Flowserve financial indicator trend analysis is much more than just examining Flowserve latest accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Flowserve is a good investment. Please check the relationship between Flowserve Non Current Assets Total and its Non Current Liabilities Total accounts. Check out
Investing Opportunities to better understand how to build diversified portfolios, which includes a position in Flowserve. 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 Flowserve Stock please use our
How to Invest in Flowserve guide.
Non Current Assets Total vs Non Current Liabilities Total
Non Current Assets Total vs Non Current Liabilities Total Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of
Flowserve Non Current Assets Total account and
Non Current Liabilities Total. At this time, the significance of the direction appears to have almost identical trend.
The correlation between Flowserve's Non Current Assets Total and Non Current Liabilities Total is 0.9. Overlapping area represents the amount of variation of Non Current Assets Total that can explain the historical movement of Non Current Liabilities Total in the same time period over historical financial statements of Flowserve, assuming nothing else is changed. The correlation between historical values of Flowserve's Non Current Assets Total and Non Current Liabilities Total is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Non Current Assets Total of Flowserve are associated (or correlated) with its Non Current Liabilities Total. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Non Current Liabilities Total has no effect on the direction of Non Current Assets Total i.e., Flowserve's Non Current Assets Total and Non Current Liabilities Total go up and down completely randomly.
Correlation Coefficient | 0.9 |
Relationship Direction | Positive |
Relationship Strength | Very Strong |
Non Current Assets Total
The total value of a company's long-term assets, which are not expected to be converted into cash or used up within one year or the operating cycle, including property, plant, and equipment, and intangible assets.
Non Current Liabilities Total
Most indicators from Flowserve's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Flowserve 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 Flowserve. 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 Flowserve Stock please use our
How to Invest in Flowserve guide.At this time, Flowserve's
Enterprise Value Over EBITDA is comparatively stable compared to the past year.
Enterprise Value Multiple is likely to gain to 17.61 in 2024, whereas
Selling General Administrative is likely to drop slightly above 750.6
M in 2024.
Flowserve fundamental ratios Correlations
Click cells to compare fundamentals
Flowserve Account Relationship Matchups
High Positive Relationship
High Negative Relationship
Flowserve fundamental ratios Accounts
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Additional Tools for Flowserve Stock Analysis
When running Flowserve's price analysis, check to
measure Flowserve'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 Flowserve is operating at the current time. Most of Flowserve's value examination focuses on studying past and present price action to
predict the probability of Flowserve's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Flowserve's price. Additionally, you may evaluate how the addition of Flowserve to your portfolios can decrease your overall portfolio volatility.