UFLEX Research Development vs Minority Interest Analysis

UFLEX Stock   558.00  22.10  4.12%   
UFLEX financial indicator trend analysis is much more than just breaking down UFLEX Limited prevalent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether UFLEX Limited is a good investment. Please check the relationship between UFLEX Research Development and its Minority Interest accounts. Check out World Market Map to better understand how to build diversified portfolios, which includes a position in UFLEX Limited. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in interest.

Research Development vs Minority Interest

Research Development vs Minority Interest Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of UFLEX Limited Research Development account and Minority Interest. At this time, the significance of the direction appears to have significant contrarian relationship.
The correlation between UFLEX's Research Development and Minority Interest is -0.32. Overlapping area represents the amount of variation of Research Development that can explain the historical movement of Minority Interest in the same time period over historical financial statements of UFLEX Limited, assuming nothing else is changed. The correlation between historical values of UFLEX's Research Development and Minority Interest is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Research Development of UFLEX Limited are associated (or correlated) with its Minority Interest. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Minority Interest has no effect on the direction of Research Development i.e., UFLEX's Research Development and Minority Interest go up and down completely randomly.

Correlation Coefficient

-0.32
Relationship DirectionNegative 
Relationship StrengthInsignificant

Research Development

Minority Interest

Minority Interest is the portion of a subsidiary corporation stock that is not owned by the parent corporation. The magnitude of the minority interest in the subsidiary company is generally less than 50% of outstanding shares, otherwise the corporation would generally cease to be a subsidiary of the parent. Minority Interest can also be called non-controlling interest.All shareholders of UFLEX Limited whose combined shares represent less than 50% of the total outstanding shares issued by UFLEX have a minority interest in UFLEX.
Most indicators from UFLEX's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into UFLEX Limited 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 World Market Map to better understand how to build diversified portfolios, which includes a position in UFLEX Limited. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in interest.
As of the 2nd of December 2024, Selling General Administrative is likely to grow to about 4.5 B. Also, Tax Provision is likely to grow to about 1.5 B
 2021 2022 2023 2024 (projected)
Interest Expense2.8B4.7B5.4B5.6B
Depreciation And Amortization5.4B6.0B6.5B6.9B

UFLEX fundamental ratios Correlations

0.980.670.990.990.990.980.980.951.0-0.140.920.730.450.320.960.980.580.110.990.990.220.50.830.310.89
0.980.750.960.940.981.00.940.970.98-0.080.940.670.420.340.990.940.480.130.990.970.110.40.790.190.82
0.670.750.690.570.640.740.640.760.670.240.750.380.350.090.770.670.180.230.740.67-0.460.190.49-0.260.43
0.990.960.690.970.960.960.980.950.97-0.060.920.720.520.220.930.970.560.080.980.990.180.560.840.210.84
0.990.940.570.970.980.940.980.910.98-0.210.890.750.430.320.920.970.640.060.960.980.350.530.830.410.93
0.990.980.640.960.980.980.960.931.0-0.180.90.720.420.340.960.950.560.130.980.980.260.490.810.350.89
0.981.00.740.960.940.980.940.950.98-0.120.920.680.420.330.990.940.470.130.990.960.120.40.780.20.82
0.980.940.640.980.980.960.940.920.96-0.150.90.780.490.310.920.980.630.090.960.990.260.530.810.360.9
0.950.970.760.950.910.930.950.920.950.10.990.560.410.360.950.940.50.140.970.950.040.380.80.140.79
1.00.980.670.970.981.00.980.960.95-0.150.920.710.460.330.970.960.530.130.990.980.230.50.810.310.88
-0.14-0.080.24-0.06-0.21-0.18-0.12-0.150.1-0.150.13-0.330.1-0.02-0.1-0.14-0.490.19-0.08-0.13-0.42-0.08-0.05-0.55-0.34
0.920.940.750.920.890.90.920.90.990.920.130.550.330.450.920.930.530.130.940.930.010.30.790.180.79
0.730.670.380.720.750.720.680.780.560.71-0.330.550.440.30.660.750.52-0.010.70.740.30.480.740.50.81
0.450.420.350.520.430.420.420.490.410.460.10.330.44-0.190.380.37-0.03-0.020.460.440.120.850.34-0.110.26
0.320.340.090.220.320.340.330.310.360.33-0.020.450.3-0.190.380.380.3-0.090.310.30.15-0.270.230.530.45
0.960.990.770.930.920.960.990.920.950.97-0.10.920.660.380.380.930.470.210.980.950.050.350.750.230.81
0.980.940.670.970.970.950.940.980.940.96-0.140.930.750.370.380.930.690.080.960.990.180.430.830.370.91
0.580.480.180.560.640.560.470.630.50.53-0.490.530.52-0.030.30.470.69-0.140.520.620.240.170.570.570.76
0.110.130.230.080.060.130.130.090.140.130.190.13-0.01-0.02-0.090.210.08-0.140.150.09-0.30.010.070.140.07
0.990.990.740.980.960.980.990.960.970.99-0.080.940.70.460.310.980.960.520.150.990.120.460.810.220.84
0.990.970.670.990.980.980.960.990.950.98-0.130.930.740.440.30.950.990.620.090.990.20.490.840.30.89
0.220.11-0.460.180.350.260.120.260.040.23-0.420.010.30.120.150.050.180.24-0.30.120.20.370.170.590.4
0.50.40.190.560.530.490.40.530.380.5-0.080.30.480.85-0.270.350.430.170.010.460.490.370.370.150.39
0.830.790.490.840.830.810.780.810.80.81-0.050.790.740.340.230.750.830.570.070.810.840.170.370.240.83
0.310.19-0.260.210.410.350.20.360.140.31-0.550.180.5-0.110.530.230.370.570.140.220.30.590.150.240.63
0.890.820.430.840.930.890.820.90.790.88-0.340.790.810.260.450.810.910.760.070.840.890.40.390.830.63
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UFLEX Account Relationship Matchups

UFLEX fundamental ratios Accounts

201920202021202220232024 (projected)
Total Assets100.1B118.2B144.4B164.4B173.5B182.2B
Short Long Term Debt Total36.3B40.4B47.9B57.0B69.5B72.9B
Other Current Liab2.7B2.9B3.2B5.4B6.0B6.3B
Total Current Liabilities26.0B30.7B40.8B48.5B52.7B55.3B
Total Stockholder Equity46.9B55.5B66.9B75.1B72.2B75.8B
Property Plant And Equipment Net60.3B67.3B73.4B82.2B87.3B91.7B
Net Debt33.0B34.8B42.5B47.0B59.0B61.9B
Accounts Payable10.5B13.5B19.5B21.6B20.5B21.5B
Cash3.3B5.6B5.4B10.1B10.5B11.0B
Non Current Assets Total63.3B70.5B77.5B88.7B96.8B101.6B
Non Currrent Assets Other(60.0B)2.5B(72.9B)3.2B7.5B7.9B
Cash And Short Term Investments3.3B5.6B5.4B12.2B10.6B11.1B
Net Receivables19.5B24.0B35.6B32.3B34.4B18.6B
Short Term Investments(8.4M)1.3B28.2M2.1B124.4M118.2M
Liabilities And Stockholders Equity100.1B118.2B144.4B164.4B173.5B182.2B
Non Current Liabilities Total27.1B31.9B36.7B40.8B48.6B51.0B
Inventory8.5B11.5B18.3B23.1B19.2B20.1B
Other Current Assets5.4B6.2B43.2B40.4B12.6B9.4B
Total Liab53.1B62.7B77.5B89.3B101.2B106.3B
Total Current Assets36.7B47.8B66.9B75.7B76.7B80.6B
Accumulated Other Comprehensive Income(30.2B)7.0B7.9B11.6B16.0B16.8B
Intangible Assets423.7M415.7M301.2M234.9M180.0M221.1M
Short Term Debt11.5B12.0B15.3B20.4B26.0B13.6B
Current Deferred Revenue3.8B4.5B5.6B5.0B161.9M153.8M
Retained Earnings34.0B42.1B52.5B60.3B49.8B33.6B
Other Liab2.3B3.4B3.9B4.3B4.9B2.6B
Net Tangible Assets46.5B55.2B66.7B74.8B86.0B49.9B
Other Assets3.4B3.1B4.6B1.7B523.0M496.9M
Long Term Debt24.5B28.1B30.7B34.6B41.6B22.3B
Short Long Term Debt11.4B7.5B14.9B20.3B25.5B14.2B
Property Plant Equipment57.6B65.0B70.5B82.2B94.5B54.3B
Long Term Debt Total24.8B28.5B32.8B36.6B42.1B22.4B
Net Invested Capital82.8B91.2B112.5B130.0B139.4B106.9B
Net Working Capital10.8B17.0B26.1B27.2B24.1B19.6B

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Other Information on Investing in UFLEX Stock

Balance Sheet is a snapshot of the financial position of UFLEX Limited at a specified time, usually calculated after every quarter, six months, or one year. UFLEX Balance Sheet has two main parts: assets and liabilities. Liabilities are the debts or obligations of UFLEX and are divided into current liabilities and long term liabilities. An asset, on the other hand, is anything of value that can be converted into cash and which UFLEX currently owns. An asset can also be divided into two categories, current and non-current.