FLTR Stock | | | 21,970 140.00 0.64% |
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 Net Income and its Net Borrowings 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.
Net Income vs Net Borrowings
Net Income vs Net Borrowings Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of
Flutter Entertainment PLC Net Income account and
Net Borrowings. At this time, the significance of the direction appears to have pay attention.
The correlation between Flutter Entertainment's Net Income and Net Borrowings is -0.83. Overlapping area represents the amount of variation of Net Income that can explain the historical movement of Net Borrowings 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 Net Income and Net Borrowings is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Net Income of Flutter Entertainment PLC are associated (or correlated) with its Net Borrowings. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Net Borrowings has no effect on the direction of Net Income i.e., Flutter Entertainment's Net Income and Net Borrowings go up and down completely randomly.
Correlation Coefficient | -0.83 |
Relationship Direction | Negative |
Relationship Strength | Significant |
Net Income
Net income is one of the most important fundamental items in finance. It plays a large role in Flutter Entertainment PLC financial statement analysis. It represents the amount of money remaining after all of Flutter Entertainment PLC operating expenses, interest, taxes and preferred stock dividends have been deducted from a company total revenue.
Net Borrowings
The difference between the amount of new debt a company has taken on and the amount of debt it has paid off during a given period.
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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Additional Tools for Flutter Stock Analysis
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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
predict the probability of Flutter Entertainment's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Flutter Entertainment's price. Additionally, you may evaluate how the addition of Flutter Entertainment to your portfolios can decrease your overall portfolio volatility.