Flex Short Long Term Debt Total vs Current Deferred Revenue Analysis

FLEX Stock  USD 41.30  0.77  1.90%   
Flex financial indicator trend analysis is much more than just examining Flex latest accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Flex is a good investment. Please check the relationship between Flex Short Long Term Debt Total and its Current Deferred Revenue accounts. Check out Investing Opportunities to better understand how to build diversified portfolios, which includes a position in Flex. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in income.
For more information on how to buy Flex Stock please use our How to Invest in Flex guide.

Short Long Term Debt Total vs Current Deferred Revenue

Short Long Term Debt Total vs Current Deferred Revenue Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Flex Short Long Term Debt Total account and Current Deferred Revenue. At this time, the significance of the direction appears to have fragmental relationship.
The correlation between Flex's Short Long Term Debt Total and Current Deferred Revenue is 0.49. Overlapping area represents the amount of variation of Short Long Term Debt Total that can explain the historical movement of Current Deferred Revenue in the same time period over historical financial statements of Flex, assuming nothing else is changed. The correlation between historical values of Flex's Short Long Term Debt Total and Current Deferred Revenue 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 Long Term Debt Total of Flex are associated (or correlated) with its Current Deferred Revenue. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Current Deferred Revenue has no effect on the direction of Short Long Term Debt Total i.e., Flex's Short Long Term Debt Total and Current Deferred Revenue go up and down completely randomly.

Correlation Coefficient

0.49
Relationship DirectionPositive 
Relationship StrengthWeak

Short Long Term Debt Total

Current Deferred Revenue

Revenue that has been collected but not yet earned, typically from prepaid service contracts or subscriptions. This amount is considered a liability until the service is provided or the subscription period ends.
Most indicators from Flex's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Flex 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 Flex. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in income.
For more information on how to buy Flex Stock please use our How to Invest in Flex guide.At this time, Flex's Issuance Of Capital Stock is fairly stable compared to the past year. Enterprise Value is likely to rise to about 9.5 B in 2024, whereas Selling General Administrative is likely to drop slightly above 740.9 M in 2024.
 2021 2022 2023 2024 (projected)
Gross Profit1.9B2.3B2.0B1.2B
Total Revenue26.0B30.3B26.4B19.2B

Flex fundamental ratios Correlations

0.940.540.980.940.930.730.130.90.970.930.540.970.920.390.960.850.990.990.380.540.57-0.660.60.60.39
0.940.420.910.860.890.880.180.870.950.920.440.950.930.280.970.750.950.920.490.610.32-0.620.490.470.31
0.540.420.620.340.670.2-0.560.670.510.440.10.510.60.750.510.290.60.56-0.030.020.73-0.81-0.040.790.02
0.980.910.620.860.930.68-0.030.950.940.870.470.940.910.490.910.790.990.980.440.480.64-0.750.50.670.27
0.940.860.340.860.830.640.380.730.90.890.70.90.820.230.890.910.890.920.30.550.47-0.440.780.470.61
0.930.890.670.930.830.72-0.110.930.890.920.470.890.90.60.930.720.950.90.30.480.56-0.810.390.770.38
0.730.880.20.680.640.720.180.750.680.840.240.680.750.170.830.520.740.660.480.750.04-0.510.240.30.24
0.130.18-0.56-0.030.38-0.110.18-0.210.150.190.540.150.03-0.720.140.440.030.10.120.31-0.40.610.71-0.610.53
0.90.870.670.950.730.930.75-0.210.840.860.330.840.890.610.870.660.940.880.410.520.58-0.880.270.730.18
0.970.950.510.940.90.890.680.150.840.850.511.00.930.310.940.80.960.970.430.430.46-0.610.590.520.31
0.930.920.440.870.890.920.840.190.860.850.520.850.820.350.940.80.910.870.330.750.44-0.640.530.540.48
0.540.440.10.470.70.470.240.540.330.510.520.510.50.080.430.780.460.530.290.230.14-0.060.80.170.8
0.970.950.510.940.90.890.680.150.841.00.850.510.930.310.940.80.960.970.430.430.46-0.610.590.520.31
0.920.930.60.910.820.90.750.030.890.930.820.50.930.430.920.720.930.920.440.380.4-0.680.430.590.31
0.390.280.750.490.230.60.17-0.720.610.310.350.080.310.430.320.240.440.390.060.10.66-0.86-0.10.920.13
0.960.970.510.910.890.930.830.140.870.940.940.430.940.920.320.750.960.930.30.580.43-0.640.490.540.35
0.850.750.290.790.910.720.520.440.660.80.80.780.80.720.240.750.80.840.330.590.46-0.370.890.360.69
0.990.950.60.990.890.950.740.030.940.960.910.460.960.930.440.960.80.980.40.530.58-0.730.50.640.31
0.990.920.560.980.920.90.660.10.880.970.870.530.970.920.390.930.840.980.390.440.59-0.650.60.60.34
0.380.49-0.030.440.30.30.480.120.410.430.330.290.430.440.060.30.330.40.390.32-0.09-0.230.220.070.03
0.540.610.020.480.550.480.750.310.520.430.750.230.430.380.10.580.590.530.440.320.17-0.340.410.130.38
0.570.320.730.640.470.560.04-0.40.580.460.440.140.460.40.660.430.460.580.59-0.090.17-0.680.260.740.08
-0.66-0.62-0.81-0.75-0.44-0.81-0.510.61-0.88-0.61-0.64-0.06-0.61-0.68-0.86-0.64-0.37-0.73-0.65-0.23-0.34-0.680.06-0.880.02
0.60.49-0.040.50.780.390.240.710.270.590.530.80.590.43-0.10.490.890.50.60.220.410.260.060.020.74
0.60.470.790.670.470.770.3-0.610.730.520.540.170.520.590.920.540.360.640.60.070.130.74-0.880.020.19
0.390.310.020.270.610.380.240.530.180.310.480.80.310.310.130.350.690.310.340.030.380.080.020.740.19
Click cells to compare fundamentals

Flex Account Relationship Matchups

Flex fundamental ratios Accounts

201920202021202220232024 (projected)
Total Assets13.7B15.8B19.3B21.4B18.3B10.8B
Short Long Term Debt Total3.4B4.3B4.7B4.3B3.8B2.2B
Other Current Liab1.6B2.3B1.5B2.0B1.5B1.3B
Total Current Liabilities7.2B7.8B10.7B10.9B8.5B5.3B
Total Stockholder Equity2.8B3.4B4.1B5.4B5.3B3.2B
Property Plant And Equipment Net2.8B2.7B2.8B3.0B2.9B1.9B
Net Debt1.4B1.7B1.8B1.1B1.3B804.7M
Retained Earnings(2.9B)(2.3B)(1.4B)(560M)446M468.3M
Accounts Payable5.1B5.2B6.3B5.7B4.5B3.4B
Cash1.9B2.6B3.0B3.3B2.5B1.4B
Non Current Assets Total4.6B4.5B5.0B5.4B5.3B3.8B
Non Currrent Assets Other455.3M431M473M758M892M936.6M
Cash And Short Term Investments1.9B2.6B3.0B3.3B2.5B1.4B
Net Receivables2.7B4.2B3.9B3.7B3.3B2.1B
Common Stock Shares Outstanding512.4M506M483M462M441M524.6M
Liabilities And Stockholders Equity13.7B15.8B19.3B21.4B18.3B10.8B
Non Current Liabilities Total3.6B4.6B4.4B4.8B4.4B2.3B
Inventory3.8B3.9B6.6B7.5B6.2B6.5B
Total Liab10.9B12.4B15.1B15.7B12.9B7.6B
Total Current Assets9.1B11.4B14.3B16.0B13.0B7.0B
Short Term Debt149.1M268M949M150M136M173.0M
Intangible Assets262.4M213M411M316M245M391.6M
Other Current Assets660.1M590M903M1.8B1.0B789.1M
Current Deferred Revenue363.6M473M2.0B3.1B2.6B2.7B
Common Stock Total Equity6.3B6.2B6.1B6.5B7.5B4.8B
Property Plant And Equipment Gross2.8B2.7B2.8B3.0B7.3B7.7B
Accumulated Other Comprehensive Income(214.7M)(119M)(182M)(194M)(195M)(185.3M)
Common Stock6.3B6.2B6.1B6.5B5.1B5.3B
Other Liab507.6M412.3M489M608M699.2M375.5M
Other Assets233.9M327.2M431M473M425.7M422.4M
Long Term Debt2.7B3.5B3.2B3.7B3.3B2.4B
Property Plant Equipment2.2B2.1B2.8B2.3B2.7B2.3B
Good Will1.1B1.1B1.3B1.3B1.1B1.1B
Net Tangible Assets2.0B2.7B2.4B3.7B4.2B2.2B
Retained Earnings Total Equity(2.9B)(2.3B)(1.4B)(560M)(644M)(676.2M)

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