Flutter Common Stock Total Equity vs Property Plant And Equipment Net Analysis

FLTR Stock   22,130  340.00  1.56%   
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 Common Stock Total Equity 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 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.

Common Stock Total Equity vs Property Plant And Equipment Net

Common Stock Total Equity 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 Flutter Entertainment PLC Common Stock Total Equity account and Property Plant And Equipment Net. At this time, the significance of the direction appears to have almost identical trend.
The correlation between Flutter Entertainment's Common Stock Total Equity and Property Plant And Equipment Net is 0.96. Overlapping area represents the amount of variation of Common Stock Total Equity that can explain the historical movement of Property Plant And Equipment Net 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 Common Stock Total Equity 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 Common Stock Total Equity of Flutter Entertainment PLC 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 Common Stock Total Equity i.e., Flutter Entertainment's Common Stock Total Equity and Property Plant And Equipment Net go up and down completely randomly.

Correlation Coefficient

0.96
Relationship DirectionPositive 
Relationship StrengthVery Strong

Common Stock Total Equity

The total value of common stock equity held by shareholders, representing their ownership interest in the company.

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 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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