Flux Operating Income vs Net Income Analysis
FLUX Stock | USD 2.01 0.05 2.43% |
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 Operating Income and its Net Income 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.
Operating Income vs Net Income
Operating Income vs Net Income Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Flux Power Holdings Operating Income account and Net Income. At this time, the significance of the direction appears to have almost identical trend.
The correlation between Flux Power's Operating Income and Net Income is 0.94. Overlapping area represents the amount of variation of Operating Income that can explain the historical movement of Net Income 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 Operating Income and Net Income is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Operating Income of Flux Power Holdings are associated (or correlated) with its Net Income. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Net Income has no effect on the direction of Operating Income i.e., Flux Power's Operating Income and Net Income go up and down completely randomly.
Correlation Coefficient | 0.94 |
Relationship Direction | Positive |
Relationship Strength | Very Strong |
Operating Income
Operating Income is the amount of profit realized from Flux Power Holdings operations after accounting for operating expenses such as cost of goods sold (COGS), wages and depreciation. Operating income takes the gross income and subtracts other operating expenses and then removes depreciation. Operating Income of Flux Power Holdings is typically a synonym for earnings before interest and taxes (EBIT) and is also commonly referred to as operating profit or recurring profit. Earnings before interest and taxes (EBIT), representing the amount of profit a company generates from its operations.Net Income
Net income is one of the most important fundamental items in finance. It plays a large role in Flux Power Holdings financial statement analysis. It represents the amount of money remaining after all of Flux Power Holdings operating expenses, interest, taxes and preferred stock dividends have been deducted from a company total revenue.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
Click cells to compare fundamentals
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.