Flux Common Stock vs Intangible Assets Analysis
FLUX Stock | USD 2.06 0.31 13.08% |
Flux Power financial indicator trend analysis is much more than just examining Flux Power Holdings latest accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Flux Power Holdings is a good investment. Please check the relationship between Flux Power Common Stock and its Intangible Assets accounts. Check out Investing Opportunities to better understand how to build diversified portfolios, which includes a position in Flux Power Holdings. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in employment.
Common Stock vs Intangible Assets
Common Stock vs Intangible Assets Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Flux Power Holdings Common Stock account and Intangible Assets. At this time, the significance of the direction appears to have weak contrarian relationship.
The correlation between Flux Power's Common Stock and Intangible Assets is -0.09. Overlapping area represents the amount of variation of Common Stock that can explain the historical movement of Intangible Assets in the same time period over historical financial statements of Flux Power Holdings, assuming nothing else is changed. The correlation between historical values of Flux Power's Common Stock 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 Common Stock of Flux Power Holdings 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 Common Stock i.e., Flux Power's Common Stock and Intangible Assets go up and down completely randomly.
Correlation Coefficient | -0.09 |
Relationship Direction | Negative |
Relationship Strength | Insignificant |
Common Stock
Intangible Assets
Non-physical assets possessed by a company, such as patents, trademarks, and copyrights, which provide long-term value.Most indicators from Flux Power's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Flux Power Holdings 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 Flux Power Holdings. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in employment. Enterprise Value is likely to rise to about 22.5 M in 2024, whereas Selling General Administrative is likely to drop slightly above 19.2 M in 2024.
Flux Power fundamental ratios Correlations
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Flux Power Account Relationship Matchups
High Positive Relationship
High Negative Relationship
Flux Power fundamental ratios Accounts
2019 | 2020 | 2021 | 2022 | 2023 | 2024 (projected) | ||
Total Assets | 14.0M | 26.3M | 30.9M | 35.7M | 41.1M | 43.1M | |
Total Stockholder Equity | (6.4M) | 13.0M | 13.9M | 9.5M | 11.0M | 11.5M | |
Net Debt | 11.5M | (1.4M) | 7.3M | 10.6M | 12.2M | 12.9M | |
Retained Earnings | (53.4M) | (66.2M) | (81.8M) | (88.6M) | (79.7M) | (75.7M) | |
Cash | 726K | 4.7M | 485K | 2.4M | 2.7M | 2.9M | |
Cash And Short Term Investments | 726K | 4.7M | 485K | 2.4M | 2.7M | 2.9M | |
Common Stock Shares Outstanding | 5.1M | 11.8M | 15.4M | 16.1M | 18.5M | 19.4M | |
Liabilities And Stockholders Equity | 14.0M | 26.3M | 30.9M | 35.7M | 41.1M | 43.1M | |
Other Stockholder Equity | 47.0M | 79.2M | 95.7M | 98.1M | 112.8M | 118.4M | |
Total Current Assets | 9.8M | 21.7M | 26.6M | 30.9M | 35.6M | 37.4M | |
Property Plant And Equipment Net | 4.0M | 4.4M | 4.2M | 4.6M | 4.2M | 2.6M | |
Non Current Assets Total | 4.1M | 4.5M | 4.3M | 4.8M | 4.3M | 3.9M | |
Non Currrent Assets Other | 174K | 131K | 89K | 120K | 108K | 102.6K | |
Common Stock Total Equity | 31K | 5K | 7K | 14K | 12.6K | 12.0K | |
Non Current Liabilities Total | 4.6M | 2.9M | 2.4M | 2.3M | 2.1M | 2.3M | |
Other Current Assets | 787K | 417K | 1.3M | 918K | 1.1M | 1.1M | |
Total Liab | 20.4M | 13.3M | 16.9M | 26.2M | 30.1M | 31.6M | |
Property Plant And Equipment Gross | 4.0M | 4.4M | 4.2M | 6.6M | 5.9M | 3.1M | |
Common Stock | 5K | 7K | 14K | 16K | 14.4K | 13.7K | |
Other Current Liab | 3.5M | 2.8M | 2.4M | 3.3M | 2.9M | 2.2M | |
Total Current Liabilities | 15.8M | 10.4M | 14.6M | 23.8M | 27.4M | 28.8M | |
Short Long Term Debt Total | 12.3M | 3.3M | 7.8M | 13.0M | 15.0M | 15.7M | |
Accounts Payable | 4.6M | 7.2M | 6.6M | 9.7M | 11.2M | 11.8M | |
Short Term Debt | 7.7M | 435K | 5.4M | 10.7M | 12.3M | 12.9M | |
Net Receivables | 3.1M | 6.1M | 8.6M | 8.6M | 9.9M | 10.4M | |
Inventory | 5.3M | 10.5M | 16.3M | 19.0M | 21.8M | 22.9M | |
Other Assets | 174K | 131K | 89K | 120K | 108K | 171.0K | |
Property Plant Equipment | 4.0M | 4.4M | 4.2M | 4.6M | 5.3M | 5.6M | |
Net Tangible Assets | (6.4M) | 13.0M | 13.9M | 9.5M | 11.0M | 11.5M | |
Short Long Term Debt | 6.4M | 7.3M | 4.9M | 9.9M | 11.4M | 6.2M | |
Net Invested Capital | 2.2M | 13.0M | 18.8M | 19.5M | 22.4M | 23.5M |
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When running Flux Power's price analysis, check to measure Flux Power'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 Flux Power is operating at the current time. Most of Flux Power's value examination focuses on studying past and present price action to predict the probability of Flux Power's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Flux Power's price. Additionally, you may evaluate how the addition of Flux Power to your portfolios can decrease your overall portfolio volatility.