Flutter Common Stock Shares Outstanding vs Total Current Liabilities Analysis

FLTR Stock   21,580  230.00  1.08%   
Flutter Entertainment financial indicator trend analysis is much more than just examining Flutter Entertainment PLC latest accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Flutter Entertainment PLC is a good investment. Please check the relationship between Flutter Entertainment Common Stock Shares Outstanding and its Total Current Liabilities accounts. Check out Investing Opportunities to better understand how to build diversified portfolios, which includes a position in Flutter Entertainment PLC. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in board of governors.

Common Stock Shares Outstanding vs Total Current Liabilities

Common Stock Shares Outstanding vs Total Current Liabilities Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Flutter Entertainment PLC Common Stock Shares Outstanding account and Total Current Liabilities. At this time, the significance of the direction appears to have weak contrarian relationship.
The correlation between Flutter Entertainment's Common Stock Shares Outstanding and Total Current Liabilities is -0.13. Overlapping area represents the amount of variation of Common Stock Shares Outstanding that can explain the historical movement of Total Current Liabilities in the same time period over historical financial statements of Flutter Entertainment PLC, assuming nothing else is changed. The correlation between historical values of Flutter Entertainment's Common Stock Shares Outstanding and Total Current Liabilities is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Common Stock Shares Outstanding of Flutter Entertainment PLC are associated (or correlated) with its Total Current Liabilities. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Total Current Liabilities has no effect on the direction of Common Stock Shares Outstanding i.e., Flutter Entertainment's Common Stock Shares Outstanding and Total Current Liabilities go up and down completely randomly.

Correlation Coefficient

-0.13
Relationship DirectionNegative 
Relationship StrengthInsignificant

Common Stock Shares Outstanding

The total number of shares of a company's common stock that are currently owned by all its shareholders.

Total Current Liabilities

Total Current Liabilities is an item on Flutter Entertainment balance sheet that include short term debt, accounts payable, accrued salaries payable, payroll taxes payable, accrued liabilities and other debts. Total Current Liabilities of Flutter Entertainment PLC are important to investors because some useful performance ratios such as Current Ratio and Quick Ratio require Total Current Liabilities to be accurate. The total amount of liabilities that a company is expected to pay within one year, including debts, accounts payable, and other short-term financial obligations.
Most indicators from Flutter Entertainment's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Flutter Entertainment PLC 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 Flutter Entertainment PLC. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in board of governors.
At this time, Flutter Entertainment's Selling General Administrative is comparatively stable compared to the past year. Tax Provision is likely to gain to about 126 M in 2024, whereas Issuance Of Capital Stock is likely to drop slightly above 12.3 M in 2024.
 2021 2022 2023 2024 (projected)
Interest Expense203.5M168.9M430M451.5M
Depreciation And Amortization797.7M976.4M1.0B1.1B

Flutter Entertainment fundamental ratios Correlations

0.930.90.970.950.920.570.960.850.90.81.0-0.540.740.810.99-0.210.960.88-0.50.970.90.950.70.980.4
0.930.980.990.780.980.320.970.850.980.930.92-0.760.570.940.95-0.110.990.83-0.70.990.980.990.610.950.13
0.90.980.970.730.960.210.940.790.980.920.88-0.790.560.930.9-0.180.960.84-0.710.970.950.970.560.910.13
0.970.990.970.840.990.390.980.870.980.890.95-0.690.640.90.96-0.130.990.85-0.631.00.970.990.680.960.21
0.950.780.730.840.770.720.850.760.730.610.97-0.320.80.620.93-0.30.840.84-0.30.840.740.820.70.910.59
0.920.980.960.990.770.260.940.880.970.930.9-0.780.570.940.92-0.120.960.78-0.720.970.980.980.680.910.09
0.570.320.210.390.720.260.490.290.270.030.60.310.60.050.55-0.020.440.530.290.420.270.370.480.570.69
0.960.970.940.980.850.940.490.830.970.810.95-0.590.620.830.96-0.070.990.86-0.510.990.950.980.640.970.25
0.850.850.790.870.760.880.290.830.850.80.83-0.620.350.820.82-0.10.850.52-0.580.860.920.890.520.79-0.07
0.90.980.980.980.730.970.270.970.850.880.88-0.720.50.890.9-0.050.970.78-0.620.980.980.980.570.910.05
0.80.930.920.890.610.930.030.810.80.880.77-0.930.431.00.83-0.180.870.7-0.910.880.910.90.50.81-0.04
1.00.920.880.950.970.90.60.950.830.880.77-0.510.760.780.99-0.230.950.89-0.480.950.880.940.710.980.44
-0.54-0.76-0.79-0.69-0.32-0.780.31-0.59-0.62-0.72-0.93-0.51-0.25-0.92-0.590.11-0.66-0.50.98-0.67-0.75-0.7-0.35-0.560.23
0.740.570.560.640.80.570.60.620.350.50.430.76-0.250.430.73-0.350.610.85-0.260.620.450.560.80.730.83
0.810.940.930.90.620.940.050.830.820.891.00.78-0.920.430.84-0.170.880.7-0.90.890.930.910.50.82-0.04
0.990.950.90.960.930.920.550.960.820.90.830.99-0.590.730.84-0.210.970.9-0.570.970.90.960.680.990.39
-0.21-0.11-0.18-0.13-0.3-0.12-0.02-0.07-0.1-0.05-0.18-0.230.11-0.35-0.17-0.21-0.11-0.260.14-0.12-0.05-0.13-0.22-0.18-0.38
0.960.990.960.990.840.960.440.990.850.970.870.95-0.660.610.880.97-0.110.86-0.591.00.960.990.620.980.22
0.880.830.840.850.840.780.530.860.520.780.70.89-0.50.850.70.9-0.260.86-0.470.860.720.820.630.920.62
-0.5-0.7-0.71-0.63-0.3-0.720.29-0.51-0.58-0.62-0.91-0.480.98-0.26-0.9-0.570.14-0.59-0.47-0.6-0.68-0.64-0.34-0.520.2
0.970.990.971.00.840.970.420.990.860.980.880.95-0.670.620.890.97-0.121.00.86-0.60.971.00.640.980.22
0.90.980.950.970.740.980.270.950.920.980.910.88-0.750.450.930.9-0.050.960.72-0.680.970.980.580.9-0.01
0.950.990.970.990.820.980.370.980.890.980.90.94-0.70.560.910.96-0.130.990.82-0.641.00.980.60.960.15
0.70.610.560.680.70.680.480.640.520.570.50.71-0.350.80.50.68-0.220.620.63-0.340.640.580.60.670.46
0.980.950.910.960.910.910.570.970.790.910.810.98-0.560.730.820.99-0.180.980.92-0.520.980.90.960.670.4
0.40.130.130.210.590.090.690.25-0.070.05-0.040.440.230.83-0.040.39-0.380.220.620.20.22-0.010.150.460.4
Click cells to compare fundamentals

Flutter Entertainment Account Relationship Matchups

Flutter Entertainment fundamental ratios Accounts

201920202021202220232024 (projected)
Total Assets5.4B17.0B16.8B20.5B19.3B20.3B
Short Long Term Debt Total541.2M3.3B3.8B6.0B7.5B7.9B
Other Current Liab7.4M1.4B836.3M2.4B3.1B3.2B
Total Current Liabilities885.5M2.0B2.1B3.3B3.6B3.7B
Total Stockholder Equity4.0B11.0B10.3B10.2B7.9B8.3B
Property Plant And Equipment Net298.2M361.9M451.4M702.2M900M945M
Current Deferred Revenue559.4M1.8B1.9B1.4B73.7M70.1M
Net Debt433.1M2.7B2.9B5.2B4.3B4.5B
Retained Earnings3.5B405M9.8B9.4B10.1B10.6B
Accounts Payable25.3M79.7M100.1M248M240M252M
Cash108.1M603.4M951.7M797.9M2.6B2.7B
Non Current Assets Total5.0B15.5B14.8B17.6B16.2B17.0B
Non Currrent Assets Other47.8M197.1M209.2M202.5M(4.4B)(4.1B)
Other Assets119.8M273.9M66.4M97.3M111.9M117.5M
Cash And Short Term Investments108.1M603.4M1.0B935.9M2.7B2.8B
Common Stock Total Equity423M424.8M428.3M2.5B2.9B3.0B
Liabilities And Stockholders Equity5.4B17.0B16.8B20.5B19.3B20.3B
Non Current Liabilities Total326.1M4.0B4.4B6.8B6.9B7.2B
Other Current Assets400K845.8M250.0M482.3M555M582.8M
Other Stockholder Equity(46.8M)(40.7M)(248.1M)585.1M(2.3B)(2.1B)
Total Liab1.2B6.0B6.5B10.1B10.4B10.9B
Property Plant And Equipment Gross298.2M361.9M1.0B1.4B1.7B1.8B
Total Current Assets361.8M1.5B2.0B2.9B3.1B3.3B
Accumulated Other Comprehensive Income63.7M142M(39M)350.9M(1.2B)(1.1B)
Short Term Debt293.4M218.0M132.5M153M174M182.7M
Intangible Assets558.5M5.5B4.9B5.9B5.9B6.2B
Common Stock428.3M2.5B477.6M484.6M36M34.2M
Good Will4.1B9.5B9.3B10.9B13.7B14.4B
Net Receivables18.8M11.9M39.6M220.6M257.7M270.5M
Other Liab78.3M679M591.3M893.9M1.0B1.1B
Net Tangible Assets(636.6M)(3.9B)(4.0B)(6.3B)(5.6B)(5.4B)
Long Term Debt115.7M3.1B3.5B5.5B7.0B7.4B
Short Long Term Debt255M50.8M22.1M35.6M51M50.8M
Property Plant Equipment298.2M361.9M451.4M702.2M807.5M847.9M
Deferred Long Term Liab57.5M173.7M3.7M273.4M314.4M330.1M
Non Current Liabilities Other11M12.8M16.9M17.8M580M609M

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