Flux Research Development vs Net Income Analysis

FLUX Stock  USD 1.90  0.30  18.75%   
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 Research Development and its Net Income 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.

Research Development vs Net Income

Research Development vs Net Income Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Flux Power Holdings Research Development account and Net Income. At this time, the significance of the direction appears to have pay attention.
The correlation between Flux Power's Research Development and Net Income is -0.84. Overlapping area represents the amount of variation of Research Development that can explain the historical movement of Net Income 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 Research Development and Net Income is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Research Development of Flux Power Holdings are associated (or correlated) with its Net Income. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Net Income has no effect on the direction of Research Development i.e., Flux Power's Research Development and Net Income go up and down completely randomly.

Correlation Coefficient

-0.84
Relationship DirectionNegative 
Relationship StrengthSignificant

Research Development

Net Income

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

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