Flutter Total Current Assets vs Intangible Assets Analysis

FLTR Stock   18,615  115.00  0.61%   
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 Total Current Assets and its Intangible 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.

Total Current Assets vs Intangible Assets

Total Current Assets vs Intangible Assets Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Flutter Entertainment PLC Total Current Assets account and Intangible Assets. At this time, the significance of the direction appears to have very strong relationship.
The correlation between Flutter Entertainment's Total Current Assets and Intangible Assets is 0.88. Overlapping area represents the amount of variation of Total Current Assets that can explain the historical movement of Intangible 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 Total Current Assets and Intangible 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 Total Current Assets of Flutter Entertainment PLC are associated (or correlated) with its Intangible Assets. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Intangible Assets has no effect on the direction of Total Current Assets i.e., Flutter Entertainment's Total Current Assets and Intangible Assets go up and down completely randomly.

Correlation Coefficient

0.88
Relationship DirectionPositive 
Relationship StrengthStrong

Total Current Assets

The total value of all assets that are expected to be converted into cash within one year or during the normal operating cycle.

Intangible Assets

Non-physical assets possessed by a company, such as patents, trademarks, and copyrights, which provide long-term value.
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.
Selling General Administrative is likely to gain to about 1.9 B in 2025, despite the fact that Tax Provision is likely to grow to (138.7 M).
 2022 2023 2024 2025 (projected)
Interest Expense219M430M490M514.5M
Depreciation And Amortization1.1B1.3B1.1B1.2B

Flutter Entertainment fundamental ratios Correlations

0.970.950.960.940.940.490.980.970.90.951.00.840.70.920.990.980.970.620.550.970.910.950.520.970.36
0.970.980.990.820.980.410.990.880.970.990.950.820.730.980.970.961.00.490.631.00.970.990.50.930.17
0.950.980.980.810.970.330.980.860.970.970.940.840.730.980.950.940.980.550.570.980.940.970.560.90.23
0.960.990.980.810.990.390.990.870.980.990.950.830.770.990.960.960.990.480.631.00.970.990.540.910.15
0.940.820.810.810.770.580.850.990.70.780.950.750.550.730.920.90.830.760.350.820.720.780.470.950.59
0.940.980.970.990.770.320.970.840.980.990.920.850.810.980.950.950.980.410.650.990.970.990.570.870.08
0.490.410.330.390.580.320.460.570.30.330.510.190.180.290.440.440.410.540.020.40.330.350.160.610.48
0.980.990.980.990.850.970.460.90.950.970.970.820.720.960.970.960.990.550.570.990.950.970.520.950.24
0.970.880.860.870.990.840.570.90.780.850.980.760.640.80.950.960.890.670.420.880.820.850.490.960.46
0.90.970.970.980.70.980.30.950.780.980.880.80.770.990.910.910.970.370.70.980.960.990.510.830.04
0.950.990.970.990.780.990.330.970.850.980.930.810.750.990.960.960.990.40.690.990.971.00.470.890.09
1.00.950.940.950.950.920.510.970.980.880.930.830.680.90.990.980.960.660.520.950.880.930.520.980.41
0.840.820.840.830.750.850.190.820.760.80.810.830.690.810.870.790.820.610.480.820.720.80.710.80.39
0.70.730.730.770.550.810.180.720.640.770.750.680.690.740.70.770.730.150.340.740.820.760.830.57-0.14
0.920.980.980.990.730.980.290.960.80.990.990.90.810.740.930.920.980.390.710.980.960.990.480.860.09
0.990.970.950.960.920.950.440.970.950.910.960.990.870.70.930.980.980.590.60.970.90.950.510.970.34
0.980.960.940.960.90.950.440.960.960.910.960.980.790.770.920.980.960.490.570.960.940.960.530.930.22
0.971.00.980.990.830.980.410.990.890.970.990.960.820.730.980.980.960.490.641.00.960.990.490.930.18
0.620.490.550.480.760.410.540.550.670.370.40.660.610.150.390.590.490.49-0.070.490.330.390.390.720.87
0.550.630.570.630.350.650.020.570.420.70.690.520.480.340.710.60.570.64-0.070.640.580.69-0.050.47-0.14
0.971.00.981.00.820.990.40.990.880.980.990.950.820.740.980.970.961.00.490.640.970.990.510.930.17
0.910.970.940.970.720.970.330.950.820.960.970.880.720.820.960.90.940.960.330.580.970.970.530.83-0.04
0.950.990.970.990.780.990.350.970.850.991.00.930.80.760.990.950.960.990.390.690.990.970.490.880.08
0.520.50.560.540.470.570.160.520.490.510.470.520.710.830.480.510.530.490.39-0.050.510.530.490.450.16
0.970.930.90.910.950.870.610.950.960.830.890.980.80.570.860.970.930.930.720.470.930.830.880.450.48
0.360.170.230.150.590.080.480.240.460.040.090.410.39-0.140.090.340.220.180.87-0.140.17-0.040.080.160.48
Click cells to compare fundamentals

Flutter Entertainment Account Relationship Matchups

Flutter Entertainment fundamental ratios Accounts

202020212022202320242025 (projected)
Total Assets23.2B22.7B25.3B24.6B24.5B25.7B
Short Long Term Debt Total4.5B5.2B7.2B7.5B7.3B7.6B
Other Current Liab2.4B1.6B2.9B3.8B3.1B3.3B
Total Current Liabilities2.7B2.8B4.6B4.5B4.6B4.8B
Total Stockholder Equity15.0B13.8B11.0B10.0B9.3B9.8B
Property Plant And Equipment Net494.7M609.2M849.2M900M1B1.1B
Current Deferred Revenue879.5M974.6M1.7B73.7M84.8M80.6M
Net Debt2.9B3.0B4.3B4.3B3.8B4.0B
Retained Earnings11.5B13.3B11.3B10.1B9.6B10.1B
Accounts Payable108.6M100.1M248M240M266M279.3M
Cash1.6B2.2B3.0B3.2B3.5B3.6B
Non Current Assets Total21.2B20.0B21.3B20.7B20.2B21.2B
Non Currrent Assets Other168.0M83.5M73M109M175M183.8M
Cash And Short Term Investments1.7B1.4B3.1B3.4B3.6B3.8B
Common Stock Shares Outstanding80.3M132.8M176M177M178M186.9M
Liabilities And Stockholders Equity23.2B22.7B25.3B24.6B24.5B25.7B
Non Current Liabilities Total5.5B6.0B8.5B8.7B8.7B9.1B
Other Current Assets1.1B396.2M419.0M465M262M160.2M
Other Stockholder Equity(63.6M)(1.0)601M(98M)1.6B1.7B
Total Liab8.2B8.8B13.1B13.3B13.2B13.9B
Property Plant And Equipment Gross361.9M1.0B1.4B1.7B1.4B1.4B
Total Current Assets361.8M2.0B2.7B4.0B4.3B4.6B
Accumulated Other Comprehensive Income194.1M(58.2M)(1.8B)(1.5B)(1.9B)(1.8B)
Short Term Debt135.1M93.3M153M174M172M180.6M
Intangible Assets7.5B6.6B7.0B5.9B5.4B5.6B
Common Stock3.4B646.7M586.1M36M41.4M39.3M
Good Will13.0B12.6B13.2B13.7B13.4B14.0B
Short Term Investments113.2M112.0M166.9M172M130M75.4M
Net Receivables11.9M99.7M416M90M491M515.6M
Other Liab78.3M679M591.3M893.9M1.0B1.1B
Net Tangible Assets(636.6M)(3.9B)(4.0B)(6.3B)(5.6B)(5.4B)
Long Term Debt3.1B3.5B5.5B7.0B6.7B7.0B
Short Long Term Debt50.8M22.1M35.6M51M53M51.5M
Property Plant Equipment298.2M361.9M451.4M702.2M807.5M847.9M
Deferred Long Term Liab57.5M173.7M3.7M273.4M314.4M330.1M
Non Current Liabilities Other12.8M16.9M17.8M580M935M981.8M

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