Flux Net Tangible Assets vs Capital Stock 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 Net Tangible Assets and its Capital Stock 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.

Net Tangible Assets vs Capital Stock

Net Tangible Assets vs Capital Stock Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Flux Power Holdings Net Tangible Assets account and Capital Stock. At this time, the significance of the direction appears to have almost identical trend.
The correlation between Flux Power's Net Tangible Assets and Capital Stock is 0.91. Overlapping area represents the amount of variation of Net Tangible Assets that can explain the historical movement of Capital Stock 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 Net Tangible Assets and Capital Stock 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 Tangible Assets of Flux Power Holdings are associated (or correlated) with its Capital Stock. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Capital Stock has no effect on the direction of Net Tangible Assets i.e., Flux Power's Net Tangible Assets and Capital Stock go up and down completely randomly.

Correlation Coefficient

0.91
Relationship DirectionPositive 
Relationship StrengthVery Strong

Net Tangible Assets

The total assets of a company minus any intangible assets such as patents, copyrights, and goodwill; it represents the physical assets of a company.

Capital Stock

The total amount of a company's capital funded by shareholders through the issue and subscription of shares.
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

0.850.67-0.940.690.690.840.991.00.860.690.0-0.460.330.660.930.89-0.490.440.920.70.99-0.660.66-0.180.99
0.850.24-0.770.580.580.810.840.860.750.670.05-0.270.160.510.60.75-0.290.340.610.30.82-0.480.26-0.020.88
0.670.24-0.710.290.290.510.690.670.550.33-0.08-0.410.410.410.860.6-0.470.150.840.940.68-0.560.93-0.230.66
-0.94-0.77-0.71-0.64-0.64-0.76-0.97-0.94-0.92-0.650.070.44-0.42-0.57-0.9-0.930.5-0.38-0.88-0.72-0.940.45-0.650.28-0.94
0.690.580.29-0.641.00.530.660.680.620.470.01-0.370.180.310.640.63-0.390.40.650.440.68-0.420.43-0.180.63
0.690.580.29-0.641.00.530.660.680.620.470.01-0.370.180.310.640.63-0.390.40.650.440.68-0.420.43-0.180.63
0.840.810.51-0.760.530.530.830.840.70.870.34-0.420.20.450.720.74-0.470.270.720.610.83-0.580.620.360.9
0.990.840.69-0.970.660.660.830.990.880.66-0.04-0.420.360.60.920.89-0.460.380.90.710.98-0.630.66-0.210.98
1.00.860.67-0.940.680.680.840.990.850.680.0-0.450.310.640.930.88-0.480.420.920.70.99-0.670.67-0.170.99
0.860.750.55-0.920.620.620.70.880.850.770.0-0.440.490.570.80.98-0.480.480.760.560.87-0.280.46-0.210.85
0.690.670.33-0.650.470.470.870.660.680.770.45-0.510.290.520.590.76-0.530.460.580.440.69-0.310.40.430.74
0.00.05-0.080.070.010.010.34-0.040.00.00.45-0.290.010.12-0.020.0-0.260.11-0.020.06-0.020.00.080.660.06
-0.46-0.27-0.410.44-0.37-0.37-0.42-0.42-0.45-0.44-0.51-0.29-0.28-0.53-0.52-0.430.98-0.32-0.5-0.5-0.420.2-0.49-0.07-0.45
0.330.160.41-0.420.180.180.20.360.310.490.290.01-0.280.150.390.44-0.33-0.30.230.520.35-0.110.26-0.210.29
0.660.510.41-0.570.310.310.450.60.640.570.520.12-0.530.150.650.57-0.420.720.660.340.6-0.390.33-0.210.61
0.930.60.86-0.90.640.640.720.920.930.80.59-0.02-0.520.390.650.84-0.550.440.990.860.93-0.680.83-0.250.89
0.890.750.6-0.930.630.630.740.890.880.980.760.0-0.430.440.570.84-0.460.470.810.620.9-0.330.54-0.210.88
-0.49-0.29-0.470.5-0.39-0.39-0.47-0.46-0.48-0.48-0.53-0.260.98-0.33-0.42-0.55-0.46-0.22-0.52-0.57-0.460.22-0.55-0.09-0.49
0.440.340.15-0.380.40.40.270.380.420.480.460.11-0.32-0.30.720.440.47-0.220.520.020.42-0.150.11-0.130.4
0.920.610.84-0.880.650.650.720.90.920.760.58-0.02-0.50.230.660.990.81-0.520.520.820.92-0.690.83-0.220.89
0.70.30.94-0.720.440.440.610.710.70.560.440.06-0.50.520.340.860.62-0.570.020.820.71-0.590.96-0.090.69
0.990.820.68-0.940.680.680.830.980.990.870.69-0.02-0.420.350.60.930.9-0.460.420.920.71-0.680.66-0.170.97
-0.66-0.48-0.560.45-0.42-0.42-0.58-0.63-0.67-0.28-0.310.00.2-0.11-0.39-0.68-0.330.22-0.15-0.69-0.59-0.68-0.6-0.03-0.64
0.660.260.93-0.650.430.430.620.660.670.460.40.08-0.490.260.330.830.54-0.550.110.830.960.66-0.60.00.66
-0.18-0.02-0.230.28-0.18-0.180.36-0.21-0.17-0.210.430.66-0.07-0.21-0.21-0.25-0.21-0.09-0.13-0.22-0.09-0.17-0.030.0-0.07
0.990.880.66-0.940.630.630.90.980.990.850.740.06-0.450.290.610.890.88-0.490.40.890.690.97-0.640.66-0.07
Click cells to compare fundamentals

Flux Power Account Relationship Matchups

Flux Power fundamental ratios Accounts

201920202021202220232024 (projected)
Total Assets14.0M26.3M30.9M35.7M41.1M43.1M
Total Stockholder Equity(6.4M)13.0M13.9M9.5M11.0M11.5M
Net Debt11.5M(1.4M)7.3M10.6M12.2M12.9M
Retained Earnings(53.4M)(66.2M)(81.8M)(88.6M)(79.7M)(75.7M)
Cash726K4.7M485K2.4M2.7M2.9M
Cash And Short Term Investments726K4.7M485K2.4M2.7M2.9M
Common Stock Shares Outstanding5.1M11.8M15.4M16.1M18.5M19.4M
Liabilities And Stockholders Equity14.0M26.3M30.9M35.7M41.1M43.1M
Other Stockholder Equity47.0M79.2M95.7M98.1M112.8M118.4M
Total Current Assets9.8M21.7M26.6M30.9M35.6M37.4M
Property Plant And Equipment Net4.0M4.4M4.2M4.6M4.2M2.6M
Non Current Assets Total4.1M4.5M4.3M4.8M4.3M3.9M
Non Currrent Assets Other174K131K89K120K108K102.6K
Common Stock Total Equity31K5K7K14K12.6K12.0K
Non Current Liabilities Total4.6M2.9M2.4M2.3M2.1M2.3M
Other Current Assets787K417K1.3M918K1.1M1.1M
Total Liab20.4M13.3M16.9M26.2M30.1M31.6M
Property Plant And Equipment Gross4.0M4.4M4.2M6.6M5.9M3.1M
Common Stock5K7K14K16K14.4K13.7K
Other Current Liab3.5M2.8M2.4M3.3M2.9M2.2M
Total Current Liabilities15.8M10.4M14.6M23.8M27.4M28.8M
Short Long Term Debt Total12.3M3.3M7.8M13.0M15.0M15.7M
Accounts Payable4.6M7.2M6.6M9.7M11.2M11.8M
Short Term Debt7.7M435K5.4M10.7M12.3M12.9M
Net Receivables3.1M6.1M8.6M8.6M9.9M10.4M
Inventory5.3M10.5M16.3M19.0M21.8M22.9M
Other Assets174K131K89K120K108K171.0K
Property Plant Equipment4.0M4.4M4.2M4.6M5.3M5.6M
Net Tangible Assets(6.4M)13.0M13.9M9.5M11.0M11.5M
Short Long Term Debt6.4M7.3M4.9M9.9M11.4M6.2M
Net Invested Capital2.2M13.0M18.8M19.5M22.4M23.5M

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