Flux Total Operating Expenses vs Operating Income Analysis

FLUX Stock  USD 2.37  0.17  7.73%   
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 Total Operating Expenses and its Operating 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.

Total Operating Expenses vs Operating Income

Total Operating Expenses vs Operating Income Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Flux Power Holdings Total Operating Expenses account and Operating Income. At this time, the significance of the direction appears to have strong contrarian relationship.
The correlation between Flux Power's Total Operating Expenses and Operating Income is -0.58. Overlapping area represents the amount of variation of Total Operating Expenses that can explain the historical movement of Operating 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 Total Operating Expenses and Operating 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 Total Operating Expenses of Flux Power Holdings are associated (or correlated) with its Operating Income. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Operating Income has no effect on the direction of Total Operating Expenses i.e., Flux Power's Total Operating Expenses and Operating Income go up and down completely randomly.

Correlation Coefficient

-0.58
Relationship DirectionNegative 
Relationship StrengthVery Weak

Total Operating Expenses

The total costs associated with the day-to-day operations of a business, excluding the cost of goods sold but including selling, general, and administrative expenses.

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.
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
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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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