FPAY Stock | | | USD 1.66 0.07 4.05% |
FlexShopper financial indicator trend analysis is much more than just examining FlexShopper latest accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether FlexShopper is a good investment. Please check the relationship between FlexShopper Tax Provision and its Ebit accounts. Check out
Investing Opportunities to better understand how to build diversified portfolios, which includes a position in FlexShopper. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as
signals in nation.
For more information on how to buy FlexShopper Stock please use our
How to Invest in FlexShopper guide.
Tax Provision vs Ebit
Tax Provision vs Ebit Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of
FlexShopper Tax Provision account and
Ebit. At this time, the significance of the direction appears to have weak relationship.
The correlation between FlexShopper's Tax Provision and Ebit is 0.3. Overlapping area represents the amount of variation of Tax Provision that can explain the historical movement of Ebit in the same time period over historical financial statements of FlexShopper, assuming nothing else is changed. The correlation between historical values of FlexShopper's Tax Provision and Ebit is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Tax Provision of FlexShopper are associated (or correlated) with its Ebit. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Ebit has no effect on the direction of Tax Provision i.e., FlexShopper's Tax Provision and Ebit go up and down completely randomly.
Correlation Coefficient | 0.3 |
Relationship Direction | Positive |
Relationship Strength | Very Weak |
Tax Provision
The amount set aside by a company to cover any estimated taxes for the current period. It reflects the company's expected tax liabilities.
Ebit
Most indicators from FlexShopper's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into FlexShopper 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 FlexShopper. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as
signals in nation.
For more information on how to buy FlexShopper Stock please use our
How to Invest in FlexShopper guide.At this time, FlexShopper's
Sales General And Administrative To Revenue is fairly stable compared to the past year.
Enterprise Value is likely to rise to about 145.2
M in 2024, whereas
Discontinued Operations is likely to drop slightly above 109.3
K in 2024.
FlexShopper fundamental ratios Correlations
Click cells to compare fundamentals
FlexShopper Account Relationship Matchups
High Positive Relationship
High Negative Relationship
FlexShopper fundamental ratios Accounts
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Additional Tools for FlexShopper Stock Analysis
When running FlexShopper's price analysis, check to
measure FlexShopper'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 FlexShopper is operating at the current time. Most of FlexShopper's value examination focuses on studying past and present price action to
predict the probability of FlexShopper's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move FlexShopper's price. Additionally, you may evaluate how the addition of FlexShopper to your portfolios can decrease your overall portfolio volatility.