Flux Gross Profit vs Reconciled Depreciation Analysis

FLUX Stock  USD 1.60  0.38  19.19%   
Flux Power financial indicator trend analysis is much more than just examining Flux Power Holdings latest accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Flux Power Holdings is a good investment. Please check the relationship between Flux Power Gross Profit and its Reconciled Depreciation accounts. Check out Investing Opportunities to better understand how to build diversified portfolios, which includes a position in Flux Power Holdings. 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.

Gross Profit vs Reconciled Depreciation

Gross Profit vs Reconciled Depreciation Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Flux Power Holdings Gross Profit account and Reconciled Depreciation. At this time, the significance of the direction appears to have totally related.
The correlation between Flux Power's Gross Profit and Reconciled Depreciation is 0.99. Overlapping area represents the amount of variation of Gross Profit that can explain the historical movement of Reconciled Depreciation in the same time period over historical financial statements of Flux Power Holdings, assuming nothing else is changed. The correlation between historical values of Flux Power's Gross Profit and Reconciled Depreciation is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Gross Profit of Flux Power Holdings are associated (or correlated) with its Reconciled Depreciation. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Reconciled Depreciation has no effect on the direction of Gross Profit i.e., Flux Power's Gross Profit and Reconciled Depreciation go up and down completely randomly.

Correlation Coefficient

0.99
Relationship DirectionPositive 
Relationship StrengthVery Strong

Gross Profit

Gross profit is a required income statement account that reflects total revenue of Flux Power Holdings minus its cost of goods sold. It is profit before Flux Power operating expenses, interest payments and taxes. Gross profit is also known as gross margin. The profit a company makes after deducting the costs associated with making and selling its products, or the costs associated with providing its services.

Reconciled Depreciation

Most indicators from Flux Power's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Flux Power Holdings 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 Flux Power Holdings. 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.
Enterprise Value is likely to rise to about 22.5 M in 2024, whereas Selling General Administrative is likely to drop slightly above 19.2 M in 2024.

Flux Power fundamental ratios Correlations

0.850.67-0.940.690.690.840.991.00.860.690.0-0.460.330.660.930.89-0.490.440.920.70.99-0.660.66-0.180.99
0.850.24-0.770.580.580.810.840.860.750.670.05-0.270.160.510.60.75-0.290.340.610.30.82-0.480.26-0.020.88
0.670.24-0.710.290.290.510.690.670.550.33-0.08-0.410.410.410.860.6-0.470.150.840.940.68-0.560.93-0.230.66
-0.94-0.77-0.71-0.64-0.64-0.76-0.97-0.94-0.92-0.650.070.44-0.42-0.57-0.9-0.930.5-0.38-0.88-0.72-0.940.45-0.650.28-0.94
0.690.580.29-0.641.00.530.660.680.620.470.01-0.370.180.310.640.63-0.390.40.650.440.68-0.420.43-0.180.63
0.690.580.29-0.641.00.530.660.680.620.470.01-0.370.180.310.640.63-0.390.40.650.440.68-0.420.43-0.180.63
0.840.810.51-0.760.530.530.830.840.70.870.34-0.420.20.450.720.74-0.470.270.720.610.83-0.580.620.360.9
0.990.840.69-0.970.660.660.830.990.880.66-0.04-0.420.360.60.920.89-0.460.380.90.710.98-0.630.66-0.210.98
1.00.860.67-0.940.680.680.840.990.850.680.0-0.450.310.640.930.88-0.480.420.920.70.99-0.670.67-0.170.99
0.860.750.55-0.920.620.620.70.880.850.770.0-0.440.490.570.80.98-0.480.480.760.560.87-0.280.46-0.210.85
0.690.670.33-0.650.470.470.870.660.680.770.45-0.510.290.520.590.76-0.530.460.580.440.69-0.310.40.430.74
0.00.05-0.080.070.010.010.34-0.040.00.00.45-0.290.010.12-0.020.0-0.260.11-0.020.06-0.020.00.080.660.06
-0.46-0.27-0.410.44-0.37-0.37-0.42-0.42-0.45-0.44-0.51-0.29-0.28-0.53-0.52-0.430.98-0.32-0.5-0.5-0.420.2-0.49-0.07-0.45
0.330.160.41-0.420.180.180.20.360.310.490.290.01-0.280.150.390.44-0.33-0.30.230.520.35-0.110.26-0.210.29
0.660.510.41-0.570.310.310.450.60.640.570.520.12-0.530.150.650.57-0.420.720.660.340.6-0.390.33-0.210.61
0.930.60.86-0.90.640.640.720.920.930.80.59-0.02-0.520.390.650.84-0.550.440.990.860.93-0.680.83-0.250.89
0.890.750.6-0.930.630.630.740.890.880.980.760.0-0.430.440.570.84-0.460.470.810.620.9-0.330.54-0.210.88
-0.49-0.29-0.470.5-0.39-0.39-0.47-0.46-0.48-0.48-0.53-0.260.98-0.33-0.42-0.55-0.46-0.22-0.52-0.57-0.460.22-0.55-0.09-0.49
0.440.340.15-0.380.40.40.270.380.420.480.460.11-0.32-0.30.720.440.47-0.220.520.020.42-0.150.11-0.130.4
0.920.610.84-0.880.650.650.720.90.920.760.58-0.02-0.50.230.660.990.81-0.520.520.820.92-0.690.83-0.220.89
0.70.30.94-0.720.440.440.610.710.70.560.440.06-0.50.520.340.860.62-0.570.020.820.71-0.590.96-0.090.69
0.990.820.68-0.940.680.680.830.980.990.870.69-0.02-0.420.350.60.930.9-0.460.420.920.71-0.680.66-0.170.97
-0.66-0.48-0.560.45-0.42-0.42-0.58-0.63-0.67-0.28-0.310.00.2-0.11-0.39-0.68-0.330.22-0.15-0.69-0.59-0.68-0.6-0.03-0.64
0.660.260.93-0.650.430.430.620.660.670.460.40.08-0.490.260.330.830.54-0.550.110.830.960.66-0.60.00.66
-0.18-0.02-0.230.28-0.18-0.180.36-0.21-0.17-0.210.430.66-0.07-0.21-0.21-0.25-0.21-0.09-0.13-0.22-0.09-0.17-0.030.0-0.07
0.990.880.66-0.940.630.630.90.980.990.850.740.06-0.450.290.610.890.88-0.490.40.890.690.97-0.640.66-0.07
Click cells to compare fundamentals

Flux Power Account Relationship Matchups

Flux Power fundamental ratios Accounts

201920202021202220232024 (projected)
Total Assets14.0M26.3M30.9M35.7M41.1M43.1M
Total Stockholder Equity(6.4M)13.0M13.9M9.5M11.0M11.5M
Net Debt11.5M(1.4M)7.3M10.6M12.2M12.9M
Retained Earnings(53.4M)(66.2M)(81.8M)(88.6M)(79.7M)(75.7M)
Cash726K4.7M485K2.4M2.7M2.9M
Cash And Short Term Investments726K4.7M485K2.4M2.7M2.9M
Common Stock Shares Outstanding5.1M11.8M15.4M16.1M18.5M19.4M
Liabilities And Stockholders Equity14.0M26.3M30.9M35.7M41.1M43.1M
Other Stockholder Equity47.0M79.2M95.7M98.1M112.8M118.4M
Total Current Assets9.8M21.7M26.6M30.9M35.6M37.4M
Property Plant And Equipment Net4.0M4.4M4.2M4.6M4.2M2.6M
Non Current Assets Total4.1M4.5M4.3M4.8M4.3M3.9M
Non Currrent Assets Other174K131K89K120K108K102.6K
Common Stock Total Equity31K5K7K14K12.6K12.0K
Non Current Liabilities Total4.6M2.9M2.4M2.3M2.1M2.3M
Other Current Assets787K417K1.3M918K1.1M1.1M
Total Liab20.4M13.3M16.9M26.2M30.1M31.6M
Property Plant And Equipment Gross4.0M4.4M4.2M6.6M5.9M3.1M
Common Stock5K7K14K16K14.4K13.7K
Other Current Liab3.5M2.8M2.4M3.3M2.9M2.2M
Total Current Liabilities15.8M10.4M14.6M23.8M27.4M28.8M
Short Long Term Debt Total12.3M3.3M7.8M13.0M15.0M15.7M
Accounts Payable4.6M7.2M6.6M9.7M11.2M11.8M
Short Term Debt7.7M435K5.4M10.7M12.3M12.9M
Net Receivables3.1M6.1M8.6M8.6M9.9M10.4M
Inventory5.3M10.5M16.3M19.0M21.8M22.9M
Other Assets174K131K89K120K108K171.0K
Property Plant Equipment4.0M4.4M4.2M4.6M5.3M5.6M
Net Tangible Assets(6.4M)13.0M13.9M9.5M11.0M11.5M
Short Long Term Debt6.4M7.3M4.9M9.9M11.4M6.2M
Net Invested Capital2.2M13.0M18.8M19.5M22.4M23.5M

Also Currently Popular

Analyzing currently trending equities could be an opportunity to develop a better portfolio based on different market momentums that they can trigger. Utilizing the top trending stocks is also useful when creating a market-neutral strategy or pair trading technique involving a short or a long position in a currently trending equity.

Additional Tools for Flux Stock Analysis

When running Flux Power's price analysis, check to measure Flux Power'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 Flux Power is operating at the current time. Most of Flux Power's value examination focuses on studying past and present price action to predict the probability of Flux Power's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Flux Power's price. Additionally, you may evaluate how the addition of Flux Power to your portfolios can decrease your overall portfolio volatility.