Flagship Total Other Income Expense Net vs Tax Provision 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 Total Other Income Expense Net and its Tax Provision 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.

Total Other Income Expense Net vs Tax Provision

Total Other Income Expense Net vs Tax Provision Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Flagship Investments Total Other Income Expense Net account and Tax Provision. At this time, the significance of the direction appears to have fragmental relationship.

The correlation between Flagship Investments' Total Other Income Expense Net and Tax Provision is 0.4. Overlapping area represents the amount of variation of Total Other Income Expense Net that can explain the historical movement of Tax Provision 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' Total Other Income Expense Net and Tax Provision 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 Other Income Expense Net of Flagship Investments are associated (or correlated) with its Tax Provision. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Tax Provision has no effect on the direction of Total Other Income Expense Net i.e., Flagship Investments' Total Other Income Expense Net and Tax Provision go up and down completely randomly.

Correlation Coefficient

0.4

Relationship Direction	Positive
Relationship Strength	Weak

View All Relationships

Total Other Income Expense Net

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.

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

Click cells to compare fundamentals

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

Thematic Opportunities

Explore Investment Opportunities

Build portfolios using Macroaxis predefined set of investing ideas. Many of Macroaxis investing ideas can easily outperform a given market. Ideas can also be optimized per your risk profile before portfolio origination is invoked. Macroaxis thematic optimization helps investors identify companies most likely to benefit from changes or shifts in various micro-economic or local macro-level trends. Originating optimal thematic portfolios involves aligning investors' personal views, ideas, and beliefs with their actual investments.

Explore Investing Ideas

Additional Tools for Flagship Stock Analysis

When running Flagship Investments' price analysis, check to measure Flagship Investments' 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 Flagship Investments is operating at the current time. Most of Flagship Investments' value examination focuses on studying past and present price action to predict the probability of Flagship Investments' future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Flagship Investments' price. Additionally, you may evaluate how the addition of Flagship Investments to your portfolios can decrease your overall portfolio volatility.

Macroaxis helps investors of all levels and skills to maximize the upside of all their holdings and minimize the risk associated with market volatility, economic swings, and company-specific events. View terms and conditions

Feedback Blog

Made with optimal in San Francisco

2024 Macroaxis LLC