Flywire Net Working Capital vs Common Stock Analysis
FLYW Stock | USD 22.46 0.49 2.14% |
Flywire Corp financial indicator trend analysis is much more than just examining Flywire Corp latest accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Flywire Corp is a good investment. Please check the relationship between Flywire Corp Net Working Capital and its Common Stock accounts. Check out Investing Opportunities to better understand how to build diversified portfolios, which includes a position in Flywire Corp. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in manufacturing. For more information on how to buy Flywire Stock please use our How to Invest in Flywire Corp guide.
Net Working Capital vs Common Stock
Net Working Capital vs Common Stock Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Flywire Corp Net Working Capital account and Common Stock. At this time, the significance of the direction appears to have very strong relationship.
The correlation between Flywire Corp's Net Working Capital and Common Stock is 0.89. Overlapping area represents the amount of variation of Net Working Capital that can explain the historical movement of Common Stock in the same time period over historical financial statements of Flywire Corp, assuming nothing else is changed. The correlation between historical values of Flywire Corp's Net Working Capital and Common Stock is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Net Working Capital of Flywire Corp are associated (or correlated) with its Common Stock. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Common Stock has no effect on the direction of Net Working Capital i.e., Flywire Corp's Net Working Capital and Common Stock go up and down completely randomly.
Correlation Coefficient | 0.89 |
Relationship Direction | Positive |
Relationship Strength | Strong |
Net Working Capital
Common Stock
Most indicators from Flywire Corp's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Flywire Corp 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 Flywire Corp. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in manufacturing. For more information on how to buy Flywire Stock please use our How to Invest in Flywire Corp guide.At this time, Flywire Corp's Tax Provision is fairly stable compared to the past year. Sales General And Administrative To Revenue is likely to climb to 0.34 in 2024, whereas Selling General Administrative is likely to drop slightly above 72.4 M in 2024.
2021 | 2022 | 2023 | 2024 (projected) | Interest Expense | 2.0M | 1.2M | 3.7M | 2.6M | Depreciation And Amortization | 9.2M | 14.1M | 17.6M | 11.4M |
Flywire Corp fundamental ratios Correlations
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Flywire Corp Account Relationship Matchups
High Positive Relationship
High Negative Relationship
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When running Flywire Corp's price analysis, check to measure Flywire Corp'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 Flywire Corp is operating at the current time. Most of Flywire Corp's value examination focuses on studying past and present price action to predict the probability of Flywire Corp's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Flywire Corp's price. Additionally, you may evaluate how the addition of Flywire Corp to your portfolios can decrease your overall portfolio volatility.