Confluent Short Term Debt vs Total Assets Analysis

CFLT Stock

USD 27.13 0.70 2.65%

Confluent financial indicator trend analysis is way more than just evaluating Confluent prevailing accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Confluent is a good investment. Please check the relationship between Confluent Short Term Debt and its Total Assets accounts. Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in Confluent. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in bureau of economic analysis.

For more information on how to buy Confluent Stock please use our How to Invest in Confluent guide.

Short Term Debt vs Total Assets

Short Term Debt vs Total Assets Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Confluent Short Term Debt account and Total Assets. At this time, the significance of the direction appears to have pay attention.

The correlation between Confluent's Short Term Debt and Total Assets is -0.92. Overlapping area represents the amount of variation of Short Term Debt that can explain the historical movement of Total Assets in the same time period over historical financial statements of Confluent, assuming nothing else is changed. The correlation between historical values of Confluent's Short Term Debt and Total Assets is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Short Term Debt of Confluent are associated (or correlated) with its Total Assets. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Total Assets has no effect on the direction of Short Term Debt i.e., Confluent's Short Term Debt and Total Assets go up and down completely randomly.

Correlation Coefficient

-0.92

Relationship Direction	Negative
Relationship Strength	Significant

View All Relationships

Short Term Debt

Total Assets

Total assets refers to the total amount of Confluent assets owned. Assets are items that have some economic value and are expended over time to create a benefit for the owner. These assets are usually recorded in Confluent books under different categories such as cash, marketable securities, accounts receivable,prepaid expenses, inventory, fixed assets, intangible assets, other assets, marketable securities, accounts receivable, prepaid expenses and others. The total value of all owned resources that are expected to provide future economic benefits to the business, including cash, investments, accounts receivable, inventory, property, plant, equipment, and intangible assets.

Most indicators from Confluent's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Confluent 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 Trending Equities to better understand how to build diversified portfolios, which includes a position in Confluent. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in bureau of economic analysis.

For more information on how to buy Confluent Stock please use our How to Invest in Confluent guide.At this time, Confluent's Sales General And Administrative To Revenue is comparatively stable compared to the past year. Enterprise Value is likely to gain to about 12.7 B in 2024, whereas Tax Provision is likely to drop slightly above 3.6 M in 2024.

	2021	2022	2023	2024 (projected)
Interest Income	2.0M	6.5M	7.5M	4.2M
Net Interest Income	2.0M	6.5M	7.5M	4.2M

Interest Income Net Interest Income

Confluent fundamental ratios Correlations

	Total Assets	Other Current Liab	Total Current Liabilities	Total Stockholder Equity	Other Liab	Net Tangible Assets	Property Plant And Equipment Net	Current Deferred Revenue	Net Debt	Retained Earnings	Accounts Payable	Cash	Non Current Assets Total	Non Currrent Assets Other	Other Assets	Cash And Short Term Investments	Net Receivables	Common Stock Total Equity	Common Stock Shares Outstanding	Short Term Investments	Non Current Liabilities Total	Inventory	Other Current Assets	Other Stockholder Equity	Total Liab	Deferred Long Term Liab
Total Assets		0.99	0.98	0.98	0.96	0.96	0.9	0.97	0.66	-0.91	0.8	0.8	0.91	0.93	0.96	1.0	0.94	0.98	0.89	0.94	0.98	0.45	0.99	0.94	0.99	0.97
Other Current Liab	0.99		0.99	0.95	0.98	0.94	0.92	0.98	0.69	-0.93	0.73	0.75	0.96	0.97	0.98	0.98	0.97	0.97	0.91	0.94	0.98	0.51	0.98	0.93	0.99	0.98
Total Current Liabilities	0.98	0.99		0.94	0.99	0.93	0.92	1.0	0.77	-0.95	0.78	0.68	0.97	0.98	0.99	0.97	0.99	0.96	0.93	0.98	0.98	0.6	0.96	0.94	0.99	0.99
Total Stockholder Equity	0.98	0.95	0.94		0.91	0.97	0.78	0.92	0.61	-0.85	0.79	0.82	0.84	0.88	0.91	0.98	0.88	0.98	0.86	0.9	0.92	0.34	0.99	0.93	0.93	0.92
Other Liab	0.96	0.98	0.99	0.91		0.89	0.91	1.0	0.77	-0.93	0.77	0.61	0.97	0.99	1.0	0.94	0.99	0.95	0.9	0.98	0.95	0.67	0.94	0.91	0.97	1.0
Net Tangible Assets	0.96	0.94	0.93	0.97	0.89		0.8	0.92	0.71	-0.92	0.76	0.79	0.85	0.88	0.89	0.96	0.89	0.91	0.94	0.89	0.92	0.35	0.97	0.99	0.93	0.89
Property Plant And Equipment Net	0.9	0.92	0.92	0.78	0.91	0.8		0.93	0.66	-0.87	0.69	0.65	0.92	0.9	0.93	0.88	0.92	0.83	0.81	0.86	0.96	0.58	0.85	0.8	0.95	0.92
Current Deferred Revenue	0.97	0.98	1.0	0.92	1.0	0.92	0.93		0.79	-0.96	0.79	0.64	0.97	0.98	0.99	0.96	0.99	0.95	0.93	0.98	0.97	0.64	0.95	0.94	0.98	1.0
Net Debt	0.66	0.69	0.77	0.61	0.77	0.71	0.66	0.79		-0.89	0.67	0.15	0.78	0.81	0.75	0.63	0.81	0.61	0.87	0.84	0.66	0.81	0.62	0.81	0.69	0.76
Retained Earnings	-0.91	-0.93	-0.95	-0.85	-0.93	-0.92	-0.87	-0.96	-0.89		-0.71	-0.55	-0.94	-0.95	-0.92	-0.89	-0.96	-0.84	-0.99	-0.94	-0.9	-0.64	-0.89	-0.97	-0.92	-0.93
Accounts Payable	0.8	0.73	0.78	0.79	0.77	0.76	0.69	0.79	0.67	-0.71		0.53	0.63	0.68	0.78	0.81	0.72	0.76	0.66	0.84	0.78	0.5	0.73	0.76	0.78	0.78
Cash	0.8	0.75	0.68	0.82	0.61	0.79	0.65	0.64	0.15	-0.55	0.53		0.55	0.56	0.63	0.83	0.58	0.76	0.57	0.54	0.78	-0.17	0.82	0.69	0.76	0.63
Non Current Assets Total	0.91	0.96	0.97	0.84	0.97	0.85	0.92	0.97	0.78	-0.94	0.63	0.55		0.99	0.97	0.89	0.99	0.89	0.92	0.94	0.93	0.69	0.9	0.88	0.94	0.97
Non Currrent Assets Other	0.93	0.97	0.98	0.88	0.99	0.88	0.9	0.98	0.81	-0.95	0.68	0.56	0.99		0.98	0.91	1.0	0.92	0.93	0.97	0.93	0.69	0.92	0.91	0.94	0.98
Other Assets	0.96	0.98	0.99	0.91	1.0	0.89	0.93	0.99	0.75	-0.92	0.78	0.63	0.97	0.98		0.95	0.99	0.95	0.89	0.98	0.96	0.66	0.94	0.9	0.98	1.0
Cash And Short Term Investments	1.0	0.98	0.97	0.98	0.94	0.96	0.88	0.96	0.63	-0.89	0.81	0.83	0.89	0.91	0.95		0.92	0.97	0.87	0.92	0.98	0.4	0.99	0.93	0.98	0.95
Net Receivables	0.94	0.97	0.99	0.88	0.99	0.89	0.92	0.99	0.81	-0.96	0.72	0.58	0.99	1.0	0.99	0.92		0.92	0.93	0.97	0.94	0.69	0.92	0.92	0.96	0.99
Common Stock Total Equity	0.98	0.97	0.96	0.98	0.95	0.91	0.83	0.95	0.61	-0.84	0.76	0.76	0.89	0.92	0.95	0.97	0.92		0.83	0.93	0.93	0.46	0.98	0.89	0.94	0.96
Common Stock Shares Outstanding	0.89	0.91	0.93	0.86	0.9	0.94	0.81	0.93	0.87	-0.99	0.66	0.57	0.92	0.93	0.89	0.87	0.93	0.83		0.91	0.87	0.57	0.89	0.98	0.89	0.89
Short Term Investments	0.94	0.94	0.98	0.9	0.98	0.89	0.86	0.98	0.84	-0.94	0.84	0.54	0.94	0.97	0.98	0.92	0.97	0.93	0.91		0.92	0.72	0.91	0.92	0.94	0.98
Non Current Liabilities Total	0.98	0.98	0.98	0.92	0.95	0.92	0.96	0.97	0.66	-0.9	0.78	0.78	0.93	0.93	0.96	0.98	0.94	0.93	0.87	0.92		0.48	0.95	0.91	1.0	0.96
Inventory	0.45	0.51	0.6	0.34	0.67	0.35	0.58	0.64	0.81	-0.64	0.5	-0.17	0.69	0.69	0.66	0.4	0.69	0.46	0.57	0.72	0.48		0.38	0.46	0.51	0.66
Other Current Assets	0.99	0.98	0.96	0.99	0.94	0.97	0.85	0.95	0.62	-0.89	0.73	0.82	0.9	0.92	0.94	0.99	0.92	0.98	0.89	0.91	0.95	0.38		0.94	0.96	0.94
Other Stockholder Equity	0.94	0.93	0.94	0.93	0.91	0.99	0.8	0.94	0.81	-0.97	0.76	0.69	0.88	0.91	0.9	0.93	0.92	0.89	0.98	0.92	0.91	0.46	0.94		0.92	0.9
Total Liab	0.99	0.99	0.99	0.93	0.97	0.93	0.95	0.98	0.69	-0.92	0.78	0.76	0.94	0.94	0.98	0.98	0.96	0.94	0.89	0.94	1.0	0.51	0.96	0.92		0.97
Deferred Long Term Liab	0.97	0.98	0.99	0.92	1.0	0.89	0.92	1.0	0.76	-0.93	0.78	0.63	0.97	0.98	1.0	0.95	0.99	0.96	0.89	0.98	0.96	0.66	0.94	0.9	0.97

Click cells to compare fundamentals

Confluent Account Relationship Matchups

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 Confluent Stock Analysis

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

Confluent Short Term Debt vs Total Assets Analysis

Short Term Debt vs Total Assets

Short Term Debt vs Total Assets Correlation Analysis

Correlation Coefficient

Short Term Debt

Total Assets

Confluent fundamental ratios Correlations

Confluent Account Relationship Matchups

High Positive Relationship

High Negative Relationship

Thematic Opportunities

Explore Investment Opportunities

Additional Tools for Confluent Stock Analysis

COMMON DESTINATIONS

MAIN CATEGORIES

COMPANY

Cash And Short Term Investments	+ 1.0	Total Assets
Current Deferred Revenue	+ 1.0	Total Current Liabilities
Current Deferred Revenue	+ 1.0	Other Liab
Other Assets	+ 1.0	Other Liab
Deferred Long Term Liab	+ 1.0	Other Liab
Deferred Long Term Liab	+ 1.0	Current Deferred Revenue

Common Stock Shares Outstanding	- 0.99	Retained Earnings
Other Stockholder Equity	- 0.97	Retained Earnings
Net Receivables	- 0.96	Retained Earnings
Retained Earnings	- 0.96	Current Deferred Revenue
Non Currrent Assets Other	- 0.95	Retained Earnings
Retained Earnings	- 0.95	Total Current Liabilities