Fluor Property Plant And Equipment Net vs Other Current Assets Analysis
| FLR Stock | USD 44.23 0.11 0.25% |
Fluor financial indicator trend analysis is much more than just examining Fluor latest accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Fluor is a good investment. Please check the relationship between Fluor Property Plant And Equipment Net and its Other Current Assets accounts. Check out Investing Opportunities to better understand how to build diversified portfolios, which includes a position in Fluor. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in bureau of economic analysis. To learn how to invest in Fluor Stock, please use our How to Invest in Fluor guide.
Property Plant And Equipment Net vs Other Current Assets
Property Plant And Equipment Net vs Other Current Assets Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Fluor Property Plant And Equipment Net account and Other Current Assets. At this time, the significance of the direction appears to have weak relationship.
The correlation between Fluor's Property Plant And Equipment Net and Other Current Assets is 0.39. Overlapping area represents the amount of variation of Property Plant And Equipment Net that can explain the historical movement of Other Current Assets in the same time period over historical financial statements of Fluor, assuming nothing else is changed. The correlation between historical values of Fluor's Property Plant And Equipment Net and Other Current Assets is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Property Plant And Equipment Net of Fluor are associated (or correlated) with its Other Current Assets. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Other Current Assets has no effect on the direction of Property Plant And Equipment Net i.e., Fluor's Property Plant And Equipment Net and Other Current Assets go up and down completely randomly.
Correlation Coefficient | 0.39 |
| Relationship Direction | Positive |
| Relationship Strength | Very Weak |
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.Other Current Assets
Assets expected to be converted into cash, sold, or consumed either in one year or in the operating cycle, which are not included under standard current asset categories.Most indicators from Fluor's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Fluor 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 Fluor. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in bureau of economic analysis. To learn how to invest in Fluor Stock, please use our How to Invest in Fluor guide.As of 06/10/2024, Enterprise Value is likely to grow to about 3.6 B, while Selling General Administrative is likely to drop slightly above 188.2 M.
| 2021 | 2022 | 2023 | 2024 (projected) | Total Revenue | 12.4B | 13.7B | 15.5B | 17.6B | Interest Expense | 84.5M | 59M | 60M | 57M |
Fluor fundamental ratios Correlations
Click cells to compare fundamentals
Fluor Account Relationship Matchups
High Positive Relationship
High Negative Relationship
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When running Fluor's price analysis, check to measure Fluor'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 Fluor is operating at the current time. Most of Fluor's value examination focuses on studying past and present price action to predict the probability of Fluor's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Fluor's price. Additionally, you may evaluate how the addition of Fluor to your portfolios can decrease your overall portfolio volatility.