Flutter Change To Liabilities vs Capital Expenditures Analysis

FLTR Stock   21,790  180.00  0.83%   
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 Change To Liabilities and its Capital Expenditures 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 board of governors.

Change To Liabilities vs Capital Expenditures

Change To Liabilities vs Capital Expenditures Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Flutter Entertainment PLC Change To Liabilities account and Capital Expenditures. At this time, the significance of the direction appears to have strong relationship.
The correlation between Flutter Entertainment's Change To Liabilities and Capital Expenditures is 0.77. Overlapping area represents the amount of variation of Change To Liabilities that can explain the historical movement of Capital Expenditures 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 Change To Liabilities and Capital Expenditures is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Change To Liabilities of Flutter Entertainment PLC are associated (or correlated) with its Capital Expenditures. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Capital Expenditures has no effect on the direction of Change To Liabilities i.e., Flutter Entertainment's Change To Liabilities and Capital Expenditures go up and down completely randomly.

Correlation Coefficient

0.77
Relationship DirectionPositive 
Relationship StrengthSignificant

Change To Liabilities

Capital Expenditures

Capital Expenditures are funds used by Flutter Entertainment PLC to acquire physical assets such as property, industrial buildings or equipment. This type of outlay is used by management to increase the scope of Flutter Entertainment operations. These expenditures can include everything from repairing an office equipment, building a brand new facility, or writing new software.
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 board of governors.
Tax Provision is likely to gain to about 126 M in 2024, whereas Selling General Administrative is likely to drop slightly above 798.8 M in 2024.
 2021 2022 2023 2024 (projected)
Interest Expense222M219M430M451.5M
Depreciation And Amortization1.0B1.1B1.3B1.3B

Flutter Entertainment fundamental ratios Correlations

0.970.960.970.960.960.550.970.980.910.951.00.740.650.951.0-0.280.970.860.70.970.890.960.620.980.44
0.971.00.990.860.990.471.00.90.980.990.950.650.670.990.97-0.191.00.770.841.00.961.00.60.940.24
0.961.00.990.850.980.410.990.890.970.990.950.660.650.990.97-0.241.00.760.851.00.960.990.570.930.24
0.970.990.990.860.990.430.990.90.980.990.960.670.720.990.97-0.220.990.740.851.00.970.990.650.930.25
0.960.860.850.860.840.640.870.990.760.830.970.750.560.830.94-0.320.870.930.480.860.740.840.580.960.62
0.960.990.980.990.840.460.980.890.980.980.940.630.770.980.96-0.20.980.720.850.990.980.990.690.910.2
0.550.470.410.430.640.460.530.610.430.370.560.190.280.380.490.150.460.720.090.450.360.410.380.620.47
0.971.00.990.990.870.980.530.910.980.970.960.650.670.980.97-0.160.990.790.820.990.950.980.620.950.29
0.980.90.890.90.990.890.610.910.810.880.980.720.630.880.96-0.290.90.910.560.90.810.890.60.960.5
0.910.980.970.980.760.980.430.980.810.970.890.550.70.970.92-0.160.970.650.920.980.970.980.610.870.14
0.950.990.990.990.830.980.370.970.880.970.940.660.671.00.97-0.230.990.740.860.990.971.00.580.910.19
1.00.950.950.960.970.940.560.960.980.890.940.750.640.940.99-0.280.960.880.670.960.870.940.620.980.47
0.740.650.660.670.750.630.190.650.720.550.660.750.320.660.76-0.340.660.690.360.670.510.630.570.760.66
0.650.670.650.720.560.770.280.670.630.70.670.640.320.670.65-0.110.660.320.690.680.780.70.80.52-0.1
0.950.990.990.990.830.980.380.980.880.971.00.940.660.670.97-0.230.990.740.850.990.971.00.580.910.19
1.00.970.970.970.940.960.490.970.960.920.970.990.760.650.97-0.280.980.850.730.980.90.970.610.980.4
-0.28-0.19-0.24-0.22-0.32-0.20.15-0.16-0.29-0.16-0.23-0.28-0.34-0.11-0.23-0.28-0.2-0.13-0.15-0.21-0.14-0.22-0.22-0.23-0.35
0.971.01.00.990.870.980.460.990.90.970.990.960.660.660.990.98-0.20.780.831.00.960.990.590.940.26
0.860.770.760.740.930.720.720.790.910.650.740.880.690.320.740.85-0.130.780.310.770.620.730.40.930.6
0.70.840.850.850.480.850.090.820.560.920.860.670.360.690.850.73-0.150.830.310.840.910.860.510.61-0.17
0.971.01.01.00.860.990.450.990.90.980.990.960.670.680.990.98-0.211.00.770.840.961.00.610.940.26
0.890.960.960.970.740.980.360.950.810.970.970.870.510.780.970.9-0.140.960.620.910.960.980.620.820.0
0.961.00.990.990.840.990.410.980.890.981.00.940.630.71.00.97-0.220.990.730.861.00.980.60.910.19
0.620.60.570.650.580.690.380.620.60.610.580.620.570.80.580.61-0.220.590.40.510.610.620.60.560.25
0.980.940.930.930.960.910.620.950.960.870.910.980.760.520.910.98-0.230.940.930.610.940.820.910.560.53
0.440.240.240.250.620.20.470.290.50.140.190.470.66-0.10.190.4-0.350.260.6-0.170.260.00.190.250.53
Click cells to compare fundamentals

Flutter Entertainment Account Relationship Matchups

Flutter Entertainment fundamental ratios Accounts

201920202021202220232024 (projected)
Total Assets5.4B23.2B22.7B24.8B24.6B25.9B
Short Long Term Debt Total541.2M4.5B5.2B7.2B7.5B7.9B
Other Current Liab7.4M2.4B2.6B3.5B4.0B4.2B
Total Current Liabilities885.5M2.7B2.8B4.0B4.5B4.8B
Total Stockholder Equity4.0B15.0B13.9B12.3B10.0B10.5B
Property Plant And Equipment Net298.2M494.7M610.2M849.2M900M945M
Current Deferred Revenue559.4M879.5M974.6M1.7B73.7M70.1M
Net Debt433.1M2.9B3.0B4.7B4.3B4.5B
Retained Earnings3.5B11.5B13.3B11.3B10.1B10.6B
Accounts Payable25.3M108.6M100.1M248M240M252M
Cash108.1M1.6B2.2B2.5B3.2B3.4B
Non Current Assets Total5.0B21.2B20.0B21.3B20.7B21.7B
Non Currrent Assets Other47.8M168.0M83.5M1.6M100M105M
Cash And Short Term Investments108.1M1.7B2.3B2.7B3.4B3.6B
Common Stock Total Equity423M424.8M428.3M2.5B2.9B3.0B
Liabilities And Stockholders Equity5.4B23.2B22.7B24.8B24.6B25.9B
Non Current Liabilities Total326.1M5.5B6.0B8.3B8.7B9.2B
Other Current Assets400K1.1B1.3B835.0M465M488.3M
Other Stockholder Equity(46.8M)(63.6M)(80.3M)974.2M1.4B1.5B
Total Liab1.2B8.2B8.8B12.3B13.3B13.9B
Property Plant And Equipment Gross298.2M361.9M1.0B1.4B1.7B1.8B
Total Current Assets361.8M2.0B2.7B3.5B4.0B4.2B
Accumulated Other Comprehensive Income63.7M194.1M(52.7M)424.4M(1.5B)(1.4B)
Short Term Debt293.4M135.1M93.3M153M174M182.7M
Intangible Assets558.5M7.5B6.6B7.0B5.9B6.2B
Common Stock428.3M3.4B645.6M586.1M36M34.2M
Good Will4.1B13.0B12.6B13.1B13.7B14.4B
Net Receivables18.8M11.9M168.4M220.6M90M55.6M
Other Liab78.3M679M591.3M893.9M1.0B1.1B
Net Tangible Assets(636.6M)(3.9B)(4.0B)(6.3B)(5.6B)(5.4B)
Long Term Debt115.7M3.1B3.5B5.5B7.0B7.4B
Short Long Term Debt255M50.8M22.1M35.6M51M50.8M
Property Plant Equipment298.2M361.9M451.4M702.2M807.5M847.9M
Deferred Long Term Liab57.5M173.7M3.7M273.4M314.4M330.1M
Non Current Liabilities Other11M12.8M16.9M17.8M580M609M

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