Futuretech Non Currrent Assets Other from 2010 to 2024

FTII Stock  USD 11.07  0.03  0.27%   
Futuretech's Non Currrent Assets Other are increasing with slightly volatile movements from year to year. Non Currrent Assets Other are estimated to finish at about 66.3 M this year. Non Currrent Assets Other is assets that are not physical or tangible, expected to provide value for more than one year, and not easily converted into cash, such as long-term investments or patents. View All Fundamentals
 
Non Currrent Assets Other  
First Reported
2010-12-31
Previous Quarter
61.8 M
Current Value
66.3 M
Quarterly Volatility
36.1 M
 
Credit Downgrade
 
Yuan Drop
 
Covid
Check Futuretech financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among Futuretech's main balance sheet or income statement drivers, such as Depreciation And Amortization of 634 K, Interest Expense of 805.8 K or Selling General Administrative of 905.8 K, as well as many indicators such as Price To Sales Ratio of 0.0, Dividend Yield of 0.0 or PTB Ratio of 2.31. Futuretech financial statements analysis is a perfect complement when working with Futuretech Valuation or Volatility modules.
  
Check out the analysis of Futuretech Correlation against competitors.

Latest Futuretech's Non Currrent Assets Other Growth Pattern

Below is the plot of the Non Currrent Assets Other of Futuretech II Acquisition over the last few years. It is assets that are not physical or tangible, expected to provide value for more than one year, and not easily converted into cash, such as long-term investments or patents. Futuretech's Non Currrent Assets Other historical data analysis aims to capture in quantitative terms the overall pattern of either growth or decline in Futuretech's overall financial position and show how it may be relating to other accounts over time.
Non Currrent Assets Other10 Years Trend
Slightly volatile
   Non Currrent Assets Other   
       Timeline  

Futuretech Non Currrent Assets Other Regression Statistics

Arithmetic Mean16,582,234
Geometric Mean483,790
Coefficient Of Variation217.71
Mean Deviation26,314,846
Median135,455
Standard Deviation36,100,546
Sample Variance1303.2T
Range118.8M
R-Value0.63
Mean Square Error843.6T
R-Squared0.40
Significance0.01
Slope5,098,602
Total Sum of Squares18245.5T

Futuretech Non Currrent Assets Other History

202466.3 M
202361.8 M
2022118.9 M

About Futuretech Financial Statements

Investors use fundamental indicators, such as Futuretech's Non Currrent Assets Other, to determine how well the company is positioned to perform in the future. Although Futuretech's investors may analyze each financial statement separately, they are all interrelated. Understanding these patterns can help investors make the right trading decisions.
Last ReportedProjected for Next Year
Non Currrent Assets Other61.8 M66.3 M

Currently Active Assets on Macroaxis

When determining whether Futuretech II Acquisition is a strong investment it is important to analyze Futuretech's competitive position within its industry, examining market share, product or service uniqueness, and competitive advantages. Beyond financials and market position, potential investors should also consider broader economic conditions, industry trends, and any regulatory or geopolitical factors that may impact Futuretech's future performance. For an informed investment choice regarding Futuretech Stock, refer to the following important reports:
Check out the analysis of Futuretech Correlation against competitors.
You can also try the Risk-Return Analysis module to view associations between returns expected from investment and the risk you assume.
Is Asset Management & Custody Banks space expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of Futuretech. If investors know Futuretech will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about Futuretech listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Quarterly Earnings Growth
(0.68)
Earnings Share
0.32
Return On Assets
(0.01)
The market value of Futuretech II Acquisition is measured differently than its book value, which is the value of Futuretech that is recorded on the company's balance sheet. Investors also form their own opinion of Futuretech's value that differs from its market value or its book value, called intrinsic value, which is Futuretech's true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because Futuretech's market value can be influenced by many factors that don't directly affect Futuretech's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between Futuretech's value and its price as these two are different measures arrived at by different means. Investors typically determine if Futuretech is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Futuretech's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.