Flutter Total Liab vs Total Assets 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 Total Liab 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.

Total Liab vs Total Assets

Total Liab 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 Total Liab account and Total Assets. At this time, the significance of the direction appears to have almost identical trend.
The correlation between Flutter Entertainment's Total Liab and Total Assets is 0.97. Overlapping area represents the amount of variation of Total Liab 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 Total Liab 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 Total Liab 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 Total Liab i.e., Flutter Entertainment's Total Liab and Total Assets go up and down completely randomly.

Correlation Coefficient

0.97
Relationship DirectionPositive 
Relationship StrengthVery Strong

Total Liab

The total amount of all liabilities that a company has, including both short-term and long-term liabilities.

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.
 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

Also Currently Popular

Analyzing currently trending equities could be an opportunity to develop a better portfolio based on different market momentums that they can trigger. Utilizing the top trending stocks is also useful when creating a market-neutral strategy or pair trading technique involving a short or a long position in a currently trending equity.

Additional Tools for Flutter Stock Analysis

When running Flutter Entertainment's price analysis, check to 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.