Flywire Accounts Payable vs Total Assets Analysis
FLYW Stock | USD 22.93 0.57 2.55% |
Flywire Corp financial indicator trend analysis is much more than just examining Flywire Corp latest accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Flywire Corp is a good investment. Please check the relationship between Flywire Corp Accounts Payable and its Total Assets accounts. Check out Investing Opportunities to better understand how to build diversified portfolios, which includes a position in Flywire Corp. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in manufacturing. For more information on how to buy Flywire Stock please use our How to Invest in Flywire Corp guide.
Accounts Payable vs Total Assets
Accounts Payable vs Total Assets Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Flywire Corp Accounts Payable account and Total Assets. At this time, the significance of the direction appears to have strong relationship.
The correlation between Flywire Corp's Accounts Payable and Total Assets is 0.75. Overlapping area represents the amount of variation of Accounts Payable that can explain the historical movement of Total Assets in the same time period over historical financial statements of Flywire Corp, assuming nothing else is changed. The correlation between historical values of Flywire Corp's Accounts Payable and Total 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 Accounts Payable of Flywire Corp are associated (or correlated) with its Total Assets. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Total Assets has no effect on the direction of Accounts Payable i.e., Flywire Corp's Accounts Payable and Total Assets go up and down completely randomly.
Correlation Coefficient | 0.75 |
Relationship Direction | Positive |
Relationship Strength | Significant |
Accounts Payable
An accounting item on the balance sheet that represents Flywire Corp obligation to pay off a short-term debt to its creditors. The accounts payable entry is usually reported under current liabilities. If accounts payable of Flywire Corp are not paid within the agreed terms, the payables are considered to be in default, which may trigger a penalty or interest payment, or the revocation of additional credit from the supplier. Accounts payable may also be considered a source of cash, since they represent funds being borrowed from suppliers. Given these cash flow considerations, suppliers have a natural inclination to push for shorter payment terms, while creditors want to lengthen the payment terms. The amount a company owes to suppliers or vendors for products or services received but not yet paid for. It represents the company's short-term liabilities.Total Assets
Total assets refers to the total amount of Flywire Corp assets owned. Assets are items that have some economic value and are expended over time to create a benefit for the owner. These assets are usually recorded in Flywire Corp books under different categories such as cash, marketable securities, accounts receivable,prepaid expenses, inventory, fixed assets, intangible assets, other assets, marketable securities, accounts receivable, prepaid expenses and others. The total value of all owned resources that are expected to provide future economic benefits to the business, including cash, investments, accounts receivable, inventory, property, plant, equipment, and intangible assets.Most indicators from Flywire Corp's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Flywire Corp 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 Flywire Corp. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in manufacturing. For more information on how to buy Flywire Stock please use our How to Invest in Flywire Corp guide.At this time, Flywire Corp's Tax Provision is fairly stable compared to the past year. Sales General And Administrative To Revenue is likely to climb to 0.34 in 2024, whereas Selling General Administrative is likely to drop slightly above 72.4 M in 2024.
2021 | 2022 | 2023 | 2024 (projected) | Interest Expense | 2.0M | 1.2M | 3.7M | 2.6M | Depreciation And Amortization | 9.2M | 14.1M | 17.6M | 11.4M |
Flywire Corp fundamental ratios Correlations
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Flywire Corp Account Relationship Matchups
High Positive Relationship
High Negative Relationship
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When running Flywire Corp's price analysis, check to measure Flywire Corp'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 Flywire Corp is operating at the current time. Most of Flywire Corp's value examination focuses on studying past and present price action to predict the probability of Flywire Corp's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Flywire Corp's price. Additionally, you may evaluate how the addition of Flywire Corp to your portfolios can decrease your overall portfolio volatility.