FLS Stock | | | USD 61.02 0.29 0.48% |
Flowserve financial indicator trend analysis is much more than just examining Flowserve latest accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Flowserve is a good investment. Please check the relationship between Flowserve Inventory and its Property Plant And Equipment Net accounts. Check out
Investing Opportunities to better understand how to build diversified portfolios, which includes a position in Flowserve. 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 Flowserve Stock please use our
How to Invest in Flowserve guide.
Inventory vs Property Plant And Equipment Net
Inventory vs Property Plant And Equipment Net Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of
Flowserve Inventory account and
Property Plant And Equipment Net. At this time, the significance of the direction appears to have strong relationship.
The correlation between Flowserve's Inventory and Property Plant And Equipment Net is 0.77. Overlapping area represents the amount of variation of Inventory that can explain the historical movement of Property Plant And Equipment Net in the same time period over historical financial statements of Flowserve, assuming nothing else is changed. The correlation between historical values of Flowserve's Inventory and Property Plant And Equipment Net is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Inventory of Flowserve are associated (or correlated) with its Property Plant And Equipment Net. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Property Plant And Equipment Net has no effect on the direction of Inventory i.e., Flowserve's Inventory and Property Plant And Equipment Net go up and down completely randomly.
Correlation Coefficient | 0.77 |
Relationship Direction | Positive |
Relationship Strength | Significant |
Inventory
Property Plant And Equipment Net
The total value of a company's physical assets (such as land, buildings, and equipment) used in operations, net of depreciation. It reflects the company's investment in assets used for production.
Most indicators from Flowserve's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Flowserve 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 Flowserve. 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 Flowserve Stock please use our
How to Invest in Flowserve guide.At this time, Flowserve's
Enterprise Value Over EBITDA is comparatively stable compared to the past year.
Enterprise Value Multiple is likely to gain to 17.61 in 2024, whereas
Selling General Administrative is likely to drop slightly above 750.6
M in 2024.
Flowserve fundamental ratios Correlations
Click cells to compare fundamentals
Flowserve Account Relationship Matchups
High Positive Relationship
High Negative Relationship
Flowserve fundamental ratios Accounts
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Additional Tools for Flowserve Stock Analysis
When running Flowserve's price analysis, check to
measure Flowserve'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 Flowserve is operating at the current time. Most of Flowserve's value examination focuses on studying past and present price action to
predict the probability of Flowserve's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Flowserve's price. Additionally, you may evaluate how the addition of Flowserve to your portfolios can decrease your overall portfolio volatility.