Flexsteel Industries Stock Total Asset

FLXS Stock  USD 57.70  2.54  4.22%   
Flexsteel Industries fundamentals help investors to digest information that contributes to Flexsteel Industries' financial success or failures. It also enables traders to predict the movement of Flexsteel Stock. The fundamental analysis module provides a way to measure Flexsteel Industries' intrinsic value by examining its available economic and financial indicators, including the cash flow records, the balance sheet account changes, the income statement patterns, and various microeconomic indicators and financial ratios related to Flexsteel Industries stock.
Last ReportedProjected for Next Year
Total Assets274.5 M178.4 M
Total Assets is likely to drop to about 178.4 M in 2024.
  
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Flexsteel Industries Company Total Asset Analysis

Flexsteel Industries' Total Asset is everything that a business owns. It is the sum of current and long-term assets owned by a firm at a given time. These assets are listed on a balance sheet and typically valued based on their purchasing prices, not the current market value.

Total Asset

 = 

Tangible Assets

+

Intangible Assets

More About Total Asset | All Equity Analysis

Current Flexsteel Industries Total Asset

    
  274.46 M  
Most of Flexsteel Industries' fundamental indicators, such as Total Asset, are part of a valuation analysis module that helps investors searching for stocks that are currently trading at higher or lower prices than their real value. If the real value is higher than the market price, Flexsteel Industries is considered to be undervalued, and we provide a buy recommendation. Otherwise, we render a sell signal.

Flexsteel Total Asset Driver Correlations

Understanding the fundamental principles of building solid financial models for Flexsteel Industries is extremely important. It helps to project a fair market value of Flexsteel Stock properly, considering its historical fundamentals such as Total Asset. Since Flexsteel Industries' main accounts across its financial reports are all linked and dependent on each other, it is essential to analyze all possible correlations between related accounts. However, instead of reviewing all of Flexsteel Industries' historical financial statements, investors can examine the correlated drivers to determine its overall health. This can be effectively done using a conventional correlation matrix of Flexsteel Industries' interrelated accounts and indicators.
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Flexsteel Total Asset Historical Pattern

Today, most investors in Flexsteel Industries Stock are looking for potential investment opportunities by analyzing not only static indicators but also various Flexsteel Industries' growth ratios. Consistent increases or drops in fundamental ratios usually indicate a possible pattern that can be successfully translated into profits. However, when comparing two companies, knowing each company's total asset growth rates may not be enough to decide which company is a better investment. That's why investors frequently use a static breakdown of Flexsteel Industries total asset as a starting point in their analysis.
   Flexsteel Industries Total Asset   
       Timeline  
Total Asset is typically divided on the balance sheet on current asset and long-term asset. Long-term is the value of company property and other capital assets that are expected to be useable for more than one year. Long term assets are reported net of depreciation. On the other hand current assets are assets that are expected to be sold or converted to cash as part of normal business operation.
Competition

Flexsteel Total Assets

Total Assets

178.41 Million

At this time, Flexsteel Industries' Total Assets are comparatively stable compared to the past year.
Based on the latest financial disclosure, Flexsteel Industries has a Total Asset of 274.46 M. This is 99.78% lower than that of the Household Durables sector and significantly higher than that of the Consumer Discretionary industry. The total asset for all United States stocks is 99.07% higher than that of the company.

Flexsteel Total Asset Peer Comparison

Stock peer comparison is one of the most widely used and accepted methods of equity analyses. It analyses Flexsteel Industries' direct or indirect competition against its Total Asset to detect undervalued stocks with similar characteristics or determine the stocks which would be a good addition to a portfolio. Peer analysis of Flexsteel Industries could also be used in its relative valuation, which is a method of valuing Flexsteel Industries by comparing valuation metrics of similar companies.
Flexsteel Industries is currently under evaluation in total asset category among its peers.

Flexsteel Industries ESG Sustainability

Some studies have found that companies with high sustainability scores are getting higher valuations than competitors with lower social-engagement activities. While most ESG disclosures are voluntary and do not directly affect the long term financial condition, Flexsteel Industries' sustainability indicators can be used to identify proper investment strategies using environmental, social, and governance scores that are crucial to Flexsteel Industries' managers, analysts, and investors.
Environmental
Governance
Social

Flexsteel Industries Institutional Holders

Institutional Holdings refers to the ownership stake in Flexsteel Industries that is held by large financial organizations, pension funds or endowments. Institutions may purchase large blocks of Flexsteel Industries' outstanding shares and can exert considerable influence upon its management. Institutional holders may also work to push the share price higher once they own the stock. Extensive social media coverage, TV shows, articles in high-profile magazines, and presentations at investor conferences help move the stock higher, increasing Flexsteel Industries' value.
Shares
Marion Wealth Management2024-09-30
31.7 K
Fmr Inc2024-06-30
29.7 K
Ancora Advisors Llc2024-06-30
27.9 K
Morgan Stanley - Brokerage Accounts2024-06-30
27.7 K
Nations Financial Group Inc2024-06-30
27.1 K
Northern Trust Corp2024-06-30
24.6 K
Amvescap Plc.2024-06-30
24 K
Millennium Management Llc2024-06-30
23.4 K
Empowered Funds, Llc2024-06-30
21 K
Dimensional Fund Advisors, Inc.2024-06-30
387.8 K
Blackrock Inc2024-06-30
314.1 K

Flexsteel Fundamentals

About Flexsteel Industries Fundamental Analysis

The Macroaxis Fundamental Analysis modules help investors analyze Flexsteel Industries's financials across various querterly and yearly statements, indicators and fundamental ratios. We help investors to determine the real value of Flexsteel Industries using virtually all public information available. We use both quantitative as well as qualitative analysis to arrive at the intrinsic value of Flexsteel Industries based on its fundamental data. In general, a quantitative approach, as applied to this company, focuses on analyzing financial statements comparatively, whereas a qaualitative method uses data that is important to a company's growth but cannot be measured and presented in a numerical way.
Please read more on our fundamental analysis page.

Thematic Opportunities

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Additional Tools for Flexsteel Stock Analysis

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