Flexsteel Cash And Cash Equivalents Changes vs Change In Working Capital Analysis

FLXS Stock

USD 51.45 0.81 1.60%

Flexsteel Industries financial indicator trend analysis is much more than just examining Flexsteel Industries latest accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Flexsteel Industries is a good investment. Please check the relationship between Flexsteel Industries Cash And Cash Equivalents Changes and its Change In Working Capital accounts. Check out Investing Opportunities to better understand how to build diversified portfolios, which includes a position in Flexsteel Industries. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in interest.

For more information on how to buy Flexsteel Stock please use our How to Invest in Flexsteel Industries guide.

Cash And Cash Equivalents Changes vs Change In Working Capital

Cash And Cash Equivalents Changes vs Change In Working Capital Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Flexsteel Industries Cash And Cash Equivalents Changes account and Change In Working Capital. At this time, the significance of the direction appears to have fragmental relationship.

The correlation between Flexsteel Industries' Cash And Cash Equivalents Changes and Change In Working Capital is 0.49. Overlapping area represents the amount of variation of Cash And Cash Equivalents Changes that can explain the historical movement of Change In Working Capital in the same time period over historical financial statements of Flexsteel Industries, assuming nothing else is changed. The correlation between historical values of Flexsteel Industries' Cash And Cash Equivalents Changes and Change In Working Capital is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Cash And Cash Equivalents Changes of Flexsteel Industries are associated (or correlated) with its Change In Working Capital. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Change In Working Capital has no effect on the direction of Cash And Cash Equivalents Changes i.e., Flexsteel Industries' Cash And Cash Equivalents Changes and Change In Working Capital go up and down completely randomly.

Correlation Coefficient

0.49

Relationship Direction	Positive
Relationship Strength	Weak

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Cash And Cash Equivalents Changes

Change In Working Capital

The difference in the amount of working capital from one period to the next, indicating the change in a company's short-term assets and liabilities.

Most indicators from Flexsteel Industries' fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Flexsteel Industries 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 Flexsteel Industries. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in interest.

For more information on how to buy Flexsteel Stock please use our How to Invest in Flexsteel Industries guide.Enterprise Value is likely to gain to about 222.8 M in 2025, whereas Selling General Administrative is likely to drop slightly above 65.9 M in 2025.

	2022	2023	2024	2025 (projected)
Gross Profit	70.9M	87.2M	100.3M	76.1M
Total Revenue	393.7M	412.8M	474.7M	354.1M

Gross Profit Total Revenue

Flexsteel Industries fundamental ratios Correlations

	Total Assets	Short Long Term Debt Total	Other Current Liab	Total Current Liabilities	Total Stockholder Equity	Property Plant And Equipment Net	Net Debt	Retained Earnings	Cash	Non Current Assets Total	Non Currrent Assets Other	Cash And Short Term Investments	Net Receivables	Common Stock Shares Outstanding	Non Current Liabilities Total	Inventory	Other Current Assets	Other Stockholder Equity	Total Liab	Property Plant And Equipment Gross	Total Current Assets	Short Term Debt	Accounts Payable	Common Stock Total Equity	Common Stock	Other Liab
Total Assets		0.28	0.66	0.76	0.67	0.63	0.2	0.91	-0.05	0.56	-0.02	0.06	0.83	-0.17	0.31	0.8	0.47	-0.17	0.48	0.46	0.89	0.2	0.52	0.84	0.82	0.05
Short Long Term Debt Total	0.28		-0.05	0.41	-0.25	0.75	0.94	0.12	-0.48	0.82	0.43	-0.52	0.37	-0.88	0.85	0.19	0.04	-0.84	0.86	0.9	0.03	0.75	0.45	0.65	0.67	-0.18
Other Current Liab	0.66	-0.05		0.32	0.76	0.4	-0.19	0.73	0.26	0.38	-0.01	0.26	0.48	0.14	-0.07	0.44	0.59	0.23	0.07	0.24	0.63	0.02	0.11	0.45	0.43	-0.12
Total Current Liabilities	0.76	0.41	0.32		0.21	0.44	0.46	0.46	-0.36	0.39	-0.03	-0.34	0.8	-0.24	0.41	0.85	0.45	-0.34	0.67	0.36	0.75	0.41	0.9	0.71	0.7	0.47
Total Stockholder Equity	0.67	-0.25	0.76	0.21		0.26	-0.42	0.86	0.49	0.19	-0.2	0.62	0.55	0.45	-0.39	0.36	0.49	0.52	-0.23	0.09	0.73	-0.2	0.03	0.34	0.33	-0.03
Property Plant And Equipment Net	0.63	0.75	0.4	0.44	0.26		0.64	0.55	-0.24	0.98	0.07	-0.18	0.51	-0.62	0.71	0.35	0.21	-0.57	0.76	0.94	0.35	0.38	0.38	0.79	0.79	-0.33
Net Debt	0.2	0.94	-0.19	0.46	-0.42	0.64		-0.02	-0.74	0.7	0.42	-0.76	0.34	-0.87	0.86	0.27	-0.1	-0.9	0.87	0.77	-0.05	0.78	0.5	0.52	0.55	-0.02
Retained Earnings	0.91	0.12	0.73	0.46	0.86	0.55	-0.02		0.14	0.5	0.03	0.3	0.75	0.0	0.06	0.6	0.39	0.05	0.18	0.4	0.8	0.08	0.19	0.68	0.67	-0.11
Cash	-0.05	-0.48	0.26	-0.36	0.49	-0.24	-0.74	0.14		-0.28	-0.38	0.94	-0.25	0.6	-0.58	-0.41	0.41	0.7	-0.57	-0.28	0.12	-0.59	-0.34	-0.13	-0.15	-0.27
Non Current Assets Total	0.56	0.82	0.38	0.39	0.19	0.98	0.7	0.5	-0.28		0.25	-0.25	0.47	-0.71	0.74	0.28	0.19	-0.62	0.76	0.97	0.25	0.5	0.33	0.76	0.77	-0.35
Non Currrent Assets Other	-0.02	0.43	-0.01	-0.03	-0.2	0.07	0.42	0.03	-0.38	0.25		-0.41	0.12	-0.57	0.29	-0.02	-0.06	-0.42	0.2	0.29	-0.2	0.72	-0.15	0.13	0.16	-0.09
Cash And Short Term Investments	0.06	-0.52	0.26	-0.34	0.62	-0.18	-0.76	0.3	0.94	-0.25	-0.41		-0.17	0.63	-0.61	-0.31	0.3	0.73	-0.6	-0.27	0.21	-0.65	-0.35	-0.09	-0.12	-0.26
Net Receivables	0.83	0.37	0.48	0.8	0.55	0.51	0.34	0.75	-0.25	0.47	0.12	-0.17		-0.15	0.22	0.82	0.35	-0.17	0.47	0.43	0.82	0.45	0.65	0.68	0.68	0.4
Common Stock Shares Outstanding	-0.17	-0.88	0.14	-0.24	0.45	-0.62	-0.87	0.0	0.6	-0.71	-0.57	0.63	-0.15		-0.92	-0.11	0.18	0.94	-0.81	-0.75	0.17	-0.65	-0.22	-0.53	-0.55	0.27
Non Current Liabilities Total	0.31	0.85	-0.07	0.41	-0.39	0.71	0.86	0.06	-0.58	0.74	0.29	-0.61	0.22	-0.92		0.31	-0.13	-0.96	0.93	0.74	0.03	0.58	0.41	0.6	0.61	-0.22
Inventory	0.8	0.19	0.44	0.85	0.36	0.35	0.27	0.6	-0.41	0.28	-0.02	-0.31	0.82	-0.11	0.31		0.2	-0.26	0.53	0.18	0.84	0.37	0.7	0.55	0.53	0.44
Other Current Assets	0.47	0.04	0.59	0.45	0.49	0.21	-0.1	0.39	0.41	0.19	-0.06	0.3	0.35	0.18	-0.13	0.2		0.27	0.08	0.18	0.52	0.06	0.31	0.45	0.45	-0.03
Other Stockholder Equity	-0.17	-0.84	0.23	-0.34	0.52	-0.57	-0.9	0.05	0.7	-0.62	-0.42	0.73	-0.17	0.94	-0.96	-0.26	0.27		-0.87	-0.66	0.1	-0.65	-0.34	-0.47	-0.49	0.16
Total Liab	0.48	0.86	0.07	0.67	-0.23	0.76	0.87	0.18	-0.57	0.76	0.2	-0.6	0.47	-0.81	0.93	0.53	0.08	-0.87		0.77	0.29	0.65	0.69	0.71	0.71	0.02
Property Plant And Equipment Gross	0.46	0.9	0.24	0.36	0.09	0.94	0.77	0.4	-0.28	0.97	0.29	-0.27	0.43	-0.75	0.74	0.18	0.18	-0.66	0.77		0.16	0.55	0.34	0.75	0.76	-0.34
Total Current Assets	0.89	0.03	0.63	0.75	0.73	0.35	-0.05	0.8	0.12	0.25	-0.2	0.21	0.82	0.17	0.03	0.84	0.52	0.1	0.29	0.16		0.12	0.6	0.6	0.58	0.31
Short Term Debt	0.2	0.75	0.02	0.41	-0.2	0.38	0.78	0.08	-0.59	0.5	0.72	-0.65	0.45	-0.65	0.58	0.37	0.06	-0.65	0.65	0.55	0.12		0.41	0.37	0.4	0.12
Accounts Payable	0.52	0.45	0.11	0.9	0.03	0.38	0.5	0.19	-0.34	0.33	-0.15	-0.35	0.65	-0.22	0.41	0.7	0.31	-0.34	0.69	0.34	0.6	0.41		0.52	0.51	0.62
Common Stock Total Equity	0.84	0.65	0.45	0.71	0.34	0.79	0.52	0.68	-0.13	0.76	0.13	-0.09	0.68	-0.53	0.6	0.55	0.45	-0.47	0.71	0.75	0.6	0.37	0.52		1.0	-0.16
Common Stock	0.82	0.67	0.43	0.7	0.33	0.79	0.55	0.67	-0.15	0.77	0.16	-0.12	0.68	-0.55	0.61	0.53	0.45	-0.49	0.71	0.76	0.58	0.4	0.51	1.0		-0.17
Other Liab	0.05	-0.18	-0.12	0.47	-0.03	-0.33	-0.02	-0.11	-0.27	-0.35	-0.09	-0.26	0.4	0.27	-0.22	0.44	-0.03	0.16	0.02	-0.34	0.31	0.12	0.62	-0.16	-0.17

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Flexsteel Industries Account Relationship Matchups

Flexsteel Industries fundamental ratios Accounts

	2020	2021	2022	2023	2024	2025 (projected)
Total Assets	296.8M	268.7M	290.6M	274.5M	315.6M	178.4M
Short Long Term Debt Total	33.7M	44.1M	35.5M	70.4M	81.0M	85.0M
Other Current Liab	19.8M	18.2M	23.2M	19.2M	22.1M	19.3M
Total Current Liabilities	99.8M	64.6M	55.1M	60.4M	69.5M	36.3M
Total Stockholder Equity	168.0M	131.6M	141.6M	150.4M	172.9M	127.1M
Property Plant And Equipment Net	66.8M	76.7M	106.9M	98.1M	112.9M	118.5M
Net Debt	32.3M	41.9M	24.9M	65.7M	75.5M	79.3M
Retained Earnings	157.1M	155.3M	166.8M	174.1M	200.2M	116.0M
Cash	1.3M	2.2M	3.4M	4.8M	5.5M	10.6M
Non Current Assets Total	68.2M	78.7M	119.9M	119.1M	136.9M	143.8M
Non Currrent Assets Other	1.4M	1.9M	5.8M	12.3M	14.2M	7.6M
Cash And Short Term Investments	1.3M	2.2M	3.4M	4.8M	5.5M	5.2M
Net Receivables	56.0M	41.1M	38.2M	44.2M	50.9M	37.2M
Common Stock Shares Outstanding	7.5M	6.5M	5.4M	5.5M	5.0M	5.6M
Liabilities And Stockholders Equity	296.8M	268.7M	290.6M	274.5M	315.6M	178.4M
Non Current Liabilities Total	29.1M	72.6M	93.8M	63.7M	73.2M	76.9M
Inventory	161.1M	141.2M	122.1M	96.6M	111.1M	68.4M
Other Current Assets	10.1M	5.6M	6.4M	9.8M	11.3M	7.7M
Other Stockholder Equity	2.7M	(31.9M)	(33.5M)	(32.2M)	(28.9M)	(27.5M)
Total Liab	128.8M	137.2M	148.9M	124.1M	142.7M	149.8M
Property Plant And Equipment Gross	66.8M	76.7M	106.9M	144.8M	166.5M	174.8M
Total Current Assets	228.5M	190.1M	170.6M	155.4M	178.7M	127.9M
Short Term Debt	11.7M	12.7M	7.2M	15.0M	17.3M	18.2M
Accounts Payable	67.8M	32.1M	24.7M	25.8M	29.7M	31.2M
Common Stock Total Equity	8.0M	8.1M	8.2M	8.3M	9.5M	7.8M
Common Stock	8.1M	8.2M	8.3M	8.4M	9.7M	7.8M
Other Liab	685K	29.1M	823K	577K	663.6K	630.4K
Other Assets	3.4M	1.4M	1.9M	1.0	0.9	0.86
Property Plant Equipment	52.0M	66.8M	76.7M	38.7M	44.4M	45.4M
Net Tangible Assets	175.5M	168.0M	131.6M	141.6M	127.5M	143.2M
Non Current Liabilities Other	29.1M	34.8M	65.6M	791K	909.7K	864.2K
Net Invested Capital	171.5M	37.7M	28.3M	155.2M	139.7M	124.6M
Net Working Capital	128.8M	125.4M	115.5M	95.0M	85.5M	101.8M

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