Flutter Net Income vs Income Before Tax Analysis

FLUT Stock

231.76 2.11 0.92%

Flutter Entertainment financial indicator trend analysis is much more than just examining Flutter Entertainment plc latest accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Flutter Entertainment plc is a good investment. Please check the relationship between Flutter Entertainment Net Income and its Income Before Tax accounts. Check out Investing Opportunities to better understand how to build diversified portfolios, which includes a position in Flutter Entertainment plc. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in employment.

Net Income vs Income Before Tax

Net Income vs Income Before Tax Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Flutter Entertainment plc Net Income account and Income Before Tax. At this time, the significance of the direction appears to have almost identical trend.

The correlation between Flutter Entertainment's Net Income and Income Before Tax is 0.98. Overlapping area represents the amount of variation of Net Income that can explain the historical movement of Income Before Tax in the same time period over historical financial statements of Flutter Entertainment plc, assuming nothing else is changed. The correlation between historical values of Flutter Entertainment's Net Income and Income Before Tax is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Net Income of Flutter Entertainment plc are associated (or correlated) with its Income Before Tax. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Income Before Tax has no effect on the direction of Net Income i.e., Flutter Entertainment's Net Income and Income Before Tax go up and down completely randomly.

Correlation Coefficient

0.98

Relationship Direction	Positive
Relationship Strength	Very Strong

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Net Income

Net income is one of the most important fundamental items in finance. It plays a large role in Flutter Entertainment plc financial statement analysis. It represents the amount of money remaining after all of Flutter Entertainment plc operating expenses, interest, taxes and preferred stock dividends have been deducted from a company total revenue.

Income Before Tax

Income Before Tax which can also be referred as pre-tax income is reported on Flutter Entertainment income statement and is an important metric when analyzing Flutter Entertainment plc profitability. Accounting techniques because taxes can be complex, and not perfectly consistent from one company to company, an analyst may use pre-tax income as a more stable measure of profitability.

Most indicators from Flutter Entertainment's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Flutter Entertainment plc 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 Flutter Entertainment plc. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in employment.

Sales General And Administrative To Revenue is likely to gain to 0.15 in 2025, despite the fact that Tax Provision is likely to grow to (138.7 M).

	2022	2023	2024	2025 (projected)
Interest Expense	219M	430M	490M	287.8M
Depreciation And Amortization	1.1B	1.3B	1.1B	1.0B

Interest Expense Depreciation And Amortization

Flutter Entertainment fundamental ratios Correlations

	Total Assets	Short Long Term Debt Total	Other Current Liab	Total Current Liabilities	Total Stockholder Equity	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	Good Will	Common Stock Shares Outstanding	Non Current Liabilities Total	Inventory	Other Current Assets	Other Stockholder Equity	Total Liab	Total Current Assets	Short Term Debt	Intangible Assets
Total Assets		0.98	0.97	0.96	0.94	0.93	0.15	0.96	0.97	0.91	0.95	1.0	0.03	-0.45	0.95	0.88	1.0	0.98	0.98	-0.36	0.71	0.93	0.98	0.96	-0.98	0.98
Short Long Term Debt Total	0.98		1.0	0.99	0.86	0.98	0.07	0.99	0.92	0.97	0.96	0.97	-0.03	-0.46	0.95	0.86	0.98	0.99	1.0	-0.41	0.69	0.97	1.0	0.99	-0.93	0.93
Other Current Liab	0.97	1.0		1.0	0.84	0.98	0.02	0.98	0.9	0.97	0.96	0.96	-0.02	-0.46	0.96	0.83	0.97	0.98	1.0	-0.38	0.68	0.97	1.0	0.99	-0.92	0.92
Total Current Liabilities	0.96	0.99	1.0		0.81	0.99	-0.02	0.99	0.88	0.98	0.94	0.95	0.02	-0.49	0.93	0.81	0.96	0.97	0.99	-0.37	0.71	0.98	1.0	1.0	-0.9	0.9
Total Stockholder Equity	0.94	0.86	0.84	0.81		0.75	0.35	0.82	0.98	0.72	0.88	0.96	0.01	-0.35	0.88	0.89	0.94	0.88	0.87	-0.34	0.62	0.78	0.85	0.81	-0.98	0.98
Property Plant And Equipment Net	0.93	0.98	0.98	0.99	0.75		-0.06	0.99	0.83	0.99	0.9	0.9	-0.01	-0.52	0.89	0.78	0.92	0.96	0.98	-0.38	0.73	0.98	0.98	0.99	-0.85	0.85
Current Deferred Revenue	0.15	0.07	0.02	-0.02	0.35	-0.06		0.03	0.28	-0.02	0.13	0.18	-0.59	0.46	0.14	0.53	0.13	0.1	0.06	-0.7	-0.24	-0.13	0.04	-0.02	-0.22	0.27
Net Debt	0.96	0.99	0.98	0.99	0.82	0.99	0.03		0.88	0.98	0.9	0.95	0.04	-0.51	0.89	0.83	0.96	0.97	0.99	-0.4	0.76	0.97	0.99	0.99	-0.9	0.9
Retained Earnings	0.97	0.92	0.9	0.88	0.98	0.83	0.28	0.88		0.79	0.93	0.98	-0.03	-0.39	0.93	0.91	0.97	0.95	0.92	-0.34	0.67	0.84	0.91	0.88	-1.0	0.99
Accounts Payable	0.91	0.97	0.97	0.98	0.72	0.99	-0.02	0.98	0.79		0.88	0.88	-0.05	-0.49	0.88	0.78	0.9	0.92	0.96	-0.46	0.68	0.96	0.97	0.98	-0.82	0.83
Cash	0.95	0.96	0.96	0.94	0.88	0.9	0.13	0.9	0.93	0.88		0.95	-0.15	-0.33	1.0	0.85	0.95	0.96	0.96	-0.39	0.54	0.9	0.95	0.93	-0.93	0.93
Non Current Assets Total	1.0	0.97	0.96	0.95	0.96	0.9	0.18	0.95	0.98	0.88	0.95		0.03	-0.43	0.95	0.89	1.0	0.97	0.97	-0.36	0.7	0.91	0.97	0.94	-0.99	0.99
Non Currrent Assets Other	0.03	-0.03	-0.02	0.02	0.01	-0.01	-0.59	0.04	-0.03	-0.05	-0.15	0.03		-0.3	-0.17	-0.37	0.05	-0.06	-0.01	0.75	0.36	0.05	0.0	0.02	-0.02	0.0
Other Assets	-0.45	-0.46	-0.46	-0.49	-0.35	-0.52	0.46	-0.51	-0.39	-0.49	-0.33	-0.43	-0.3		-0.33	-0.3	-0.45	-0.48	-0.46	-0.09	-0.89	-0.65	-0.47	-0.49	0.42	-0.38
Cash And Short Term Investments	0.95	0.95	0.96	0.93	0.88	0.89	0.14	0.89	0.93	0.88	1.0	0.95	-0.17	-0.33		0.85	0.95	0.95	0.95	-0.4	0.53	0.89	0.95	0.92	-0.92	0.93
Net Receivables	0.88	0.86	0.83	0.81	0.89	0.78	0.53	0.83	0.91	0.78	0.85	0.89	-0.37	-0.3	0.85		0.87	0.88	0.85	-0.7	0.55	0.77	0.84	0.81	-0.89	0.91
Good Will	1.0	0.98	0.97	0.96	0.94	0.92	0.13	0.96	0.97	0.9	0.95	1.0	0.05	-0.45	0.95	0.87		0.98	0.98	-0.33	0.71	0.93	0.98	0.96	-0.98	0.98
Common Stock Shares Outstanding	0.98	0.99	0.98	0.97	0.88	0.96	0.1	0.97	0.95	0.92	0.96	0.97	-0.06	-0.48	0.95	0.88	0.98		0.98	-0.38	0.72	0.94	0.98	0.98	-0.96	0.94
Non Current Liabilities Total	0.98	1.0	1.0	0.99	0.87	0.98	0.06	0.99	0.92	0.96	0.96	0.97	-0.01	-0.46	0.95	0.85	0.98	0.98		-0.39	0.7	0.97	1.0	0.99	-0.94	0.94
Inventory	-0.36	-0.41	-0.38	-0.37	-0.34	-0.38	-0.7	-0.4	-0.34	-0.46	-0.39	-0.36	0.75	-0.09	-0.4	-0.7	-0.33	-0.38	-0.39		-0.02	-0.32	-0.39	-0.36	0.31	-0.39
Other Current Assets	0.71	0.69	0.68	0.71	0.62	0.73	-0.24	0.76	0.67	0.68	0.54	0.7	0.36	-0.89	0.53	0.55	0.71	0.72	0.7	-0.02		0.8	0.71	0.73	-0.7	0.65
Other Stockholder Equity	0.93	0.97	0.97	0.98	0.78	0.98	-0.13	0.97	0.84	0.96	0.9	0.91	0.05	-0.65	0.89	0.77	0.93	0.94	0.97	-0.32	0.8		0.97	0.97	-0.87	0.86
Total Liab	0.98	1.0	1.0	1.0	0.85	0.98	0.04	0.99	0.91	0.97	0.95	0.97	0.0	-0.47	0.95	0.84	0.98	0.98	1.0	-0.39	0.71	0.97		0.99	-0.93	0.93
Total Current Assets	0.96	0.99	0.99	1.0	0.81	0.99	-0.02	0.99	0.88	0.98	0.93	0.94	0.02	-0.49	0.92	0.81	0.96	0.98	0.99	-0.36	0.73	0.97	0.99		-0.9	0.89
Short Term Debt	-0.98	-0.93	-0.92	-0.9	-0.98	-0.85	-0.22	-0.9	-1.0	-0.82	-0.93	-0.99	-0.02	0.42	-0.92	-0.89	-0.98	-0.96	-0.94	0.31	-0.7	-0.87	-0.93	-0.9		-0.99
Intangible Assets	0.98	0.93	0.92	0.9	0.98	0.85	0.27	0.9	0.99	0.83	0.93	0.99	0.0	-0.38	0.93	0.91	0.98	0.94	0.94	-0.39	0.65	0.86	0.93	0.89	-0.99

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Flutter Entertainment Account Relationship Matchups

Flutter Entertainment fundamental ratios Accounts

	2020	2021	2022	2023	2024	2025 (projected)
Total Assets	23.2B	22.7B	24.8B	24.6B	24.5B	23.0B
Short Long Term Debt Total	4.5B	5.2B	7.2B	7.5B	7.3B	5.9B
Other Current Liab	2.4B	2.6B	3.5B	4.0B	3.6B	3.1B
Total Current Liabilities	2.7B	2.8B	4.0B	4.5B	4.6B	3.6B
Total Stockholder Equity	15.0B	13.9B	12.3B	10.0B	9.3B	11.8B
Property Plant And Equipment Net	494.7M	610.2M	849.2M	900M	1B	761.3M
Current Deferred Revenue	879.5M	974.6M	1.7B	(424M)	(381.6M)	(362.5M)
Net Debt	2.9B	3.0B	4.7B	4.3B	5.7B	3.8B
Retained Earnings	11.5B	13.3B	11.3B	10.1B	9.6B	10.9B
Accounts Payable	108.6M	100.1M	248M	240M	266M	182.6M
Cash	1.6B	2.2B	2.5B	3.2B	1.6B	2.1B
Non Current Assets Total	21.2B	20.0B	21.3B	20.7B	20.2B	19.9B
Non Currrent Assets Other	168.0M	83.5M	1.6M	100M	175M	115.9M
Cash And Short Term Investments	1.7B	2.3B	2.7B	3.4B	1.6B	2.2B
Net Receivables	123.2M	168.4M	268.2M	90M	98M	138.7M
Good Will	13.0B	12.6B	13.1B	13.7B	13.4B	12.8B
Liabilities And Stockholders Equity	23.2B	22.7B	24.8B	24.6B	24.5B	23.0B
Non Current Liabilities Total	5.5B	6.0B	8.3B	8.7B	8.7B	6.9B
Other Current Assets	1.1B	1.3B	835.0M	465M	2.7B	2.8B
Other Stockholder Equity	(63.6M)	(80.3M)	974.2M	1.4B	1.6B	1.7B
Total Liab	8.2B	8.8B	12.3B	13.3B	13.2B	10.4B
Total Current Assets	2.0B	2.7B	3.5B	4.0B	4.3B	3.1B
Accumulated Other Comprehensive Income	194.1M	(52.7M)	424.4M	(1.5B)	(1.9B)	(1.8B)
Short Term Debt	135.1M	93.3M	153M	174M	172M	148.3M
Intangible Assets	7.5B	6.6B	7.0B	5.9B	5.4B	6.0B
Common Stock	3.4B	645.6M	586.1M	36M	32.4M	30.8M

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