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 Current Deferred Revenue and its Total Assets 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.
Current Deferred Revenue vs Total Assets
Current Deferred Revenue vs Total Assets Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of
Flutter Entertainment PLC Current Deferred Revenue account and
Total Assets. At this time, the significance of the direction appears to have fragmental relationship.
The correlation between Flutter Entertainment's Current Deferred Revenue and Total Assets is 0.57. Overlapping area represents the amount of variation of Current Deferred Revenue that can explain the historical movement of Total Assets 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 Current Deferred Revenue and Total Assets is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Current Deferred Revenue of Flutter Entertainment PLC are associated (or correlated) with its Total Assets. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Total Assets has no effect on the direction of Current Deferred Revenue i.e., Flutter Entertainment's Current Deferred Revenue and Total Assets go up and down completely randomly.
Correlation Coefficient | 0.57 |
Relationship Direction | Positive |
Relationship Strength | Weak |
Current Deferred Revenue
Revenue that has been collected but not yet earned, typically from prepaid service contracts or subscriptions. This amount is considered a liability until the service is provided or the subscription period ends.
Total Assets
Total assets refers to the total amount of Flutter Entertainment assets owned. Assets are items that have some economic value and are expended over time to create a benefit for the owner. These assets are usually recorded in Flutter Entertainment PLC books under different categories such as cash, marketable securities, accounts receivable,prepaid expenses, inventory, fixed assets, intangible assets, other assets, marketable securities, accounts receivable, prepaid expenses and others. The total value of all owned resources that are expected to provide future economic benefits to the business, including cash, investments, accounts receivable, inventory, property, plant, equipment, and intangible assets.
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.
Flutter Entertainment fundamental ratios Correlations
Click cells to compare fundamentals
Flutter Entertainment Account Relationship Matchups
High Positive Relationship
High Negative Relationship
Flutter Entertainment fundamental ratios Accounts
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measure Flutter Entertainment'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 Flutter Entertainment is operating at the current time. Most of Flutter Entertainment's value examination focuses on studying past and present price action to
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