Flagship Change In Working Capital vs Net Borrowings Analysis

FSI Stock

2.15 0.05 2.38%

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

Change In Working Capital vs Net Borrowings

Change In Working Capital vs Net Borrowings Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Flagship Investments Change In Working Capital account and Net Borrowings. At this time, the significance of the direction appears to have significant contrarian relationship.

The correlation between Flagship Investments' Change In Working Capital and Net Borrowings is -0.36. Overlapping area represents the amount of variation of Change In Working Capital that can explain the historical movement of Net Borrowings in the same time period over historical financial statements of Flagship Investments, assuming nothing else is changed. The correlation between historical values of Flagship Investments' Change In Working Capital and Net Borrowings is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Change In Working Capital of Flagship Investments are associated (or correlated) with its Net Borrowings. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Net Borrowings has no effect on the direction of Change In Working Capital i.e., Flagship Investments' Change In Working Capital and Net Borrowings go up and down completely randomly.

Correlation Coefficient

-0.36

Relationship Direction	Negative
Relationship Strength	Insignificant

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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.

Net Borrowings

The difference between the amount of new debt a company has taken on and the amount of debt it has paid off during a given period.

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

Selling General Administrative is likely to gain to about 4.3 M in 2024, despite the fact that Tax Provision is likely to grow to (984.2 K).

Flagship Investments fundamental ratios Correlations

	Total Assets	Other Current Liab	Total Current Liabilities	Total Stockholder Equity	Net Debt	Retained Earnings	Accounts Payable	Cash	Non Current Assets Total	Non Currrent Assets Other	Other Assets	Cash And Short Term Investments	Common Stock Total Equity	Common Stock Shares Outstanding	Total Liab	Total Current Assets	Common Stock	Other Liab	Net Receivables	Short Term Investments	Short Term Debt	Non Current Liabilities Total	Other Stockholder Equity	Inventory	Other Current Assets	Net Tangible Assets
Total Assets		-0.68	0.53	0.97	0.41	0.57	0.33	-0.03	0.59	-0.45	0.55	0.44	0.49	0.48	0.84	-0.48	0.85	0.19	-0.67	-0.21	-0.58	0.53	-0.55	-0.65	-0.67	0.58
Other Current Liab	-0.68		-0.72	-0.61	-0.26	-0.19	-0.76	-0.1	-0.59	0.51	-0.55	-0.35	-0.23	-0.22	-0.69	0.12	-0.3	-0.62	0.24	0.18	0.27	-0.43	0.51	0.2	0.7	-0.28
Total Current Liabilities	0.53	-0.72		0.48	0.3	-0.01	0.9	0.34	0.79	-0.66	0.24	0.27	0.64	0.65	0.55	0.25	0.15	0.55	0.11	-0.63	0.07	0.51	-0.23	0.17	-0.41	-0.14
Total Stockholder Equity	0.97	-0.61	0.48		0.24	0.61	0.26	-0.06	0.49	-0.32	0.62	0.45	0.48	0.48	0.69	-0.54	0.92	0.26	-0.73	-0.14	-0.66	0.39	-0.51	-0.71	-0.62	0.69
Net Debt	0.41	-0.26	0.3	0.24		0.24	0.22	0.22	0.7	-0.67	-0.14	0.05	0.11	0.16	0.7	0.08	0.13	-0.38	-0.1	-0.66	-0.03	0.95	-0.28	0.01	-0.26	-0.12
Retained Earnings	0.57	-0.19	-0.01	0.61	0.24		-0.08	0.31	0.25	-0.05	0.55	0.52	0.0	0.03	0.33	-0.25	0.65	-0.05	-0.63	0.0	-0.85	0.32	-0.41	-0.53	-0.32	0.7
Accounts Payable	0.33	-0.76	0.9	0.26	0.22	-0.08		0.43	0.7	-0.7	0.22	0.25	0.4	0.41	0.41	0.4	-0.09	0.72	0.26	-0.5	0.06	0.42	-0.21	0.32	-0.27	-0.16
Cash	-0.03	-0.1	0.34	-0.06	0.22	0.31	0.43		0.52	-0.44	0.23	0.68	0.23	0.27	0.04	0.79	-0.25	0.21	0.35	-0.47	-0.09	0.39	-0.11	0.53	0.03	-0.17
Non Current Assets Total	0.59	-0.59	0.79	0.49	0.7	0.25	0.7	0.52		-0.83	0.25	0.38	0.57	0.62	0.67	0.32	0.2	0.26	0.05	-0.81	-0.11	0.85	-0.39	0.16	-0.38	-0.05
Non Currrent Assets Other	-0.45	0.51	-0.66	-0.32	-0.67	-0.05	-0.7	-0.44	-0.83		-0.03	-0.31	-0.47	-0.51	-0.64	-0.32	-0.08	-0.18	-0.11	0.68	-0.04	-0.76	0.11	-0.2	0.13	0.17
Other Assets	0.55	-0.55	0.24	0.62	-0.14	0.55	0.22	0.23	0.25	-0.03		0.67	0.19	0.18	0.25	-0.18	0.51	0.48	-0.41	0.14	-0.61	0.06	-0.6	-0.4	-0.6	0.69
Cash And Short Term Investments	0.44	-0.35	0.27	0.45	0.05	0.52	0.25	0.68	0.38	-0.31	0.67		0.38	0.38	0.34	0.23	0.32	0.24	-0.2	-0.08	-0.44	0.24	-0.38	-0.07	-0.38	0.34
Common Stock Total Equity	0.49	-0.23	0.64	0.48	0.11	0.0	0.4	0.23	0.57	-0.47	0.19	0.38		1.0	0.4	0.18	0.31	0.19	0.13	-0.42	0.01	0.25	-0.16	0.1	-0.24	-0.09
Common Stock Shares Outstanding	0.48	-0.22	0.65	0.48	0.16	0.03	0.41	0.27	0.62	-0.51	0.18	0.38	1.0		0.39	0.21	0.31	0.18	0.14	-0.48	-0.01	0.3	-0.16	0.12	-0.22	-0.09
Total Liab	0.84	-0.69	0.55	0.69	0.7	0.33	0.41	0.04	0.67	-0.64	0.25	0.34	0.4	0.39		-0.24	0.51	-0.01	-0.39	-0.32	-0.28	0.75	-0.53	-0.34	-0.63	0.2
Total Current Assets	-0.48	0.12	0.25	-0.54	0.08	-0.25	0.4	0.79	0.32	-0.32	-0.18	0.23	0.18	0.21	-0.24		-0.73	0.16	0.84	-0.43	0.43	0.15	0.15	0.94	0.3	-0.64
Common Stock	0.85	-0.3	0.15	0.92	0.13	0.65	-0.09	-0.25	0.2	-0.08	0.51	0.32	0.31	0.31	0.51	-0.73		0.0	-0.88	0.04	-0.7	0.21	-0.37	-0.89	-0.47	0.78
Other Liab	0.19	-0.62	0.55	0.26	-0.38	-0.05	0.72	0.21	0.26	-0.18	0.48	0.24	0.19	0.18	-0.01	0.16	0.0		0.1	0.03	-0.18	-0.15	-0.28	0.1	-0.22	0.23
Net Receivables	-0.67	0.24	0.11	-0.73	-0.1	-0.63	0.26	0.35	0.05	-0.11	-0.41	-0.2	0.13	0.14	-0.39	0.84	-0.88	0.1		-0.22	0.69	-0.12	0.28	0.96	0.38	-0.8
Short Term Investments	-0.21	0.18	-0.63	-0.14	-0.66	0.0	-0.5	-0.47	-0.81	0.68	0.14	-0.08	-0.42	-0.48	-0.32	-0.43	0.04	0.03	-0.22		-0.21	-0.76	-0.1	-0.34	0.0	0.4
Short Term Debt	-0.58	0.27	0.07	-0.66	-0.03	-0.85	0.06	-0.09	-0.11	-0.04	-0.61	-0.44	0.01	-0.01	-0.28	0.43	-0.7	-0.18	0.69	-0.21		-0.13	0.5	0.66	0.32	-0.83
Non Current Liabilities Total	0.53	-0.43	0.51	0.39	0.95	0.32	0.42	0.39	0.85	-0.76	0.06	0.24	0.25	0.3	0.75	0.15	0.21	-0.15	-0.12	-0.76	-0.13		-0.37	0.01	-0.35	-0.04
Other Stockholder Equity	-0.55	0.51	-0.23	-0.51	-0.28	-0.41	-0.21	-0.11	-0.39	0.11	-0.6	-0.38	-0.16	-0.16	-0.53	0.15	-0.37	-0.28	0.28	-0.1	0.5	-0.37		0.26	0.69	-0.55
Inventory	-0.65	0.2	0.17	-0.71	0.01	-0.53	0.32	0.53	0.16	-0.2	-0.4	-0.07	0.1	0.12	-0.34	0.94	-0.89	0.1	0.96	-0.34	0.66	0.01	0.26		0.37	-0.81
Other Current Assets	-0.67	0.7	-0.41	-0.62	-0.26	-0.32	-0.27	0.03	-0.38	0.13	-0.6	-0.38	-0.24	-0.22	-0.63	0.3	-0.47	-0.22	0.38	0.0	0.32	-0.35	0.69	0.37		-0.44
Net Tangible Assets	0.58	-0.28	-0.14	0.69	-0.12	0.7	-0.16	-0.17	-0.05	0.17	0.69	0.34	-0.09	-0.09	0.2	-0.64	0.78	0.23	-0.8	0.4	-0.83	-0.04	-0.55	-0.81	-0.44

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Flagship Investments Account Relationship Matchups

Flagship Investments fundamental ratios Accounts

	2019	2020	2021	2022	2023	2024 (projected)
Total Assets	55.8M	56.7M	74.8M	68.8M	73.7M	88.2M
Other Current Liab	(1.1M)	(587K)	(3.6M)	(680K)	(1.1M)	(2.7M)
Total Current Liabilities	2.0M	2.4M	4.0M	1.6M	2.0M	4.4M
Total Stockholder Equity	51.0M	51.5M	63.1M	49.6M	52.4M	60.9M
Net Debt	(2.2M)	(3.1M)	12.5M	16.3M	17.1M	17.9M
Retained Earnings	2.9M	2.3M	270K	2.8M	2.0M	(239K)
Accounts Payable	1.1M	587K	3.6M	680K	1.1M	2.7M
Cash	3.8M	2.2M	3.1M	4.9M	1.7M	1.7M
Non Current Assets Total	54.2M	71.5M	63.7M	71.8M	86.4M	90.7M
Non Currrent Assets Other	(5K)	(71.5M)	(63.7M)	(71.8M)	(86.4M)	(82.1M)
Other Assets	18.5K	55.8M	56.7M	74.8M	68.8M	84K
Cash And Short Term Investments	2.2M	3.1M	4.9M	1.7M	1.7M	1.8M
Liabilities And Stockholders Equity	56.7M	74.8M	68.8M	73.7M	88.2M	44.6M
Total Liab	4.8M	5.1M	11.7M	19.1M	21.2M	27.3M
Total Current Assets	3.9M	2.4M	3.3M	5.1M	1.9M	1.8M
Other Liab	2.7M	7.7M	112K	1.2M	1.4M	1.7M
Net Receivables	130K	188K	145K	121K	97K	57K
Non Current Liabilities Total	5.1M	7.7M	17.4M	18.0M	22.9M	24.0M
Other Stockholder Equity	12.5M	(37.9M)	(36.4M)	(39.3M)	(38.5M)	507K
Accumulated Other Comprehensive Income	13.6M	26.7M	10.3M	13.9M	24.6M	25.9M
Inventory	(130.0K)	0.0	(44K)	(54K)	(53K)	45K
Other Current Assets	255.1K	130.0K	5K	44K	54K	53K
Net Tangible Assets	51.0M	51.5M	63.1M	49.6M	52.4M	14.1M
Long Term Investments	51.9M	54.2M	71.5M	63.6M	71.8M	86.4M

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