Flywire Total Current Assets vs Long Term Debt 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 Total Current Assets and its Long Term Debt 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.

Total Current Assets vs Long Term Debt

Total Current Assets vs Long Term Debt Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Flywire Corp Total Current Assets account and Long Term Debt. At this time, the significance of the direction appears to have almost identical trend.
The correlation between Flywire Corp's Total Current Assets and Long Term Debt is 0.96. Overlapping area represents the amount of variation of Total Current Assets that can explain the historical movement of Long Term Debt 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 Total Current Assets and Long Term Debt 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 Current Assets of Flywire Corp are associated (or correlated) with its Long Term Debt. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Long Term Debt has no effect on the direction of Total Current Assets i.e., Flywire Corp's Total Current Assets and Long Term Debt go up and down completely randomly.

Correlation Coefficient

0.96
Relationship DirectionPositive 
Relationship StrengthVery Strong

Total Current Assets

The total value of all assets that are expected to be converted into cash within one year or during the normal operating cycle.

Long Term Debt

Long-term debt is a debt that Flywire Corp has held for over one year. Long-term debt appears on Flywire Corp balance sheet and also includes long-term leases. The most common forms of long term debt are bonds payable, long-term notes payable, mortgage payable, pension liabilities, and lease liabilities. In the corporate world, long-term debt is generally used to fund big-ticket items, such as machinery, buildings, and land. The total of long-term debt reported on Flywire Corp balance sheet is the sum of the balances of all categories of long-term debt. Debt that is not due within the current year and is often considered to be financing activities that are to be repaid over several years.
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 Expense2.0M1.2M3.7M2.6M
Depreciation And Amortization9.2M14.1M17.6M11.4M

Flywire Corp fundamental ratios Correlations

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-0.02-0.59-0.27-0.040.110.09-0.170.10.090.2-0.350.010.03-0.17-0.180.00.01-0.320.020.15-0.2-0.020.28-0.17-0.03
-0.24-0.59-0.13-0.26-0.17-0.23-0.12-0.260.30.05-0.34-0.32-0.150.04-0.07-0.24-0.32-0.16-0.16-0.2-0.250.14-0.260.09-0.24
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0.94-0.04-0.260.880.880.970.920.94-0.99-0.970.840.930.920.90.960.910.930.950.930.910.98-0.840.590.881.0
0.950.11-0.170.840.880.870.90.94-0.87-0.880.60.920.990.950.920.980.920.80.990.940.8-0.620.810.950.87
0.910.09-0.230.830.970.870.90.96-0.94-0.940.710.910.90.870.910.860.910.860.920.950.91-0.910.540.860.98
0.98-0.17-0.120.990.920.90.90.96-0.93-0.930.770.980.930.960.920.940.980.90.950.940.89-0.780.50.930.92
0.980.1-0.260.910.940.940.960.96-0.93-0.910.690.980.950.930.90.940.980.840.970.990.87-0.830.590.90.95
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0.970.03-0.150.890.920.990.90.930.95-0.91-0.930.670.940.970.950.990.940.851.00.950.86-0.680.760.970.91
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0.960.15-0.20.880.910.940.950.940.99-0.88-0.880.590.960.950.930.870.920.960.780.970.81-0.820.590.910.92
0.89-0.2-0.250.880.980.80.910.890.87-0.99-0.960.930.890.860.850.950.870.890.990.870.81-0.780.540.830.97
-0.75-0.020.14-0.72-0.84-0.62-0.91-0.78-0.830.80.79-0.6-0.77-0.68-0.7-0.72-0.62-0.77-0.71-0.71-0.82-0.78-0.14-0.66-0.88
0.630.28-0.260.450.590.810.540.50.59-0.59-0.60.40.570.760.640.680.770.570.550.720.590.54-0.140.680.55
0.93-0.170.090.90.880.950.860.930.9-0.86-0.940.640.890.971.00.950.940.890.850.970.910.83-0.660.680.87
0.93-0.03-0.240.881.00.870.980.920.95-0.98-0.970.820.930.910.890.950.890.930.930.920.920.97-0.880.550.87
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Flywire Corp Account Relationship Matchups

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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.