Fg Annuities Life Stock Working Capital
| FGN Stock | 27.65 0.43 1.58% |
FG Annuities Life fundamentals help investors to digest information that contributes to FG Annuities' financial success or failures. It also enables traders to predict the movement of FGN Stock. The fundamental analysis module provides a way to measure FG Annuities' intrinsic value by examining its available economic and financial indicators, including the cash flow records, the balance sheet account changes, the income statement patterns, and various microeconomic indicators and financial ratios related to FG Annuities stock.
| Last Reported | Projected for Next Year | ||
| Change In Working Capital | 5.3 B | 3.7 B |
FGN |
FG Annuities Life Company Working Capital Analysis
FG Annuities' Working Capital is a measure of company efficiency and operating liquidity. The working capital is usually calculated by subtracting Current Liabilities from Current Assets. It is an important indicator of the firm ability to continue its normal operations without additional debt obligations. .
More About Working Capital | All Equity Analysis
Working Capital | = | Current Assets | - | Current Liabilities |
FGN Working Capital Driver Correlations
Understanding the fundamental principles of building solid financial models for FG Annuities is extremely important. It helps to project a fair market value of FGN Stock properly, considering its historical fundamentals such as Working Capital. Since FG Annuities' main accounts across its financial reports are all linked and dependent on each other, it is essential to analyze all possible correlations between related accounts. However, instead of reviewing all of FG Annuities' historical financial statements, investors can examine the correlated drivers to determine its overall health. This can be effectively done using a conventional correlation matrix of FG Annuities' interrelated accounts and indicators.
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Working Capital can be positive or negative, depending on how much of current debt the company is carrying on its balance sheet. In general terms, companies that have a lot of working capital will experience more growth in the near future since they can expand and improve their operations using existing resources. On the other hand, companies with small or negative working capital may lack the funds necessary for growth or future operation. Working Capital also shows if the company has sufficient liquid resources to satisfy short-term liabilities and operational expenses.
| Competition |
According to the company's disclosures, FG Annuities Life has a Working Capital of 0.0. This indicator is about the same for the average (which is currently at 0.0) sector and about the same as Insurance (which currently averages 0.0) industry. This indicator is about the same for all United States stocks average (which is currently at 0.0).
FGN Working Capital Peer Comparison
Stock peer comparison is one of the most widely used and accepted methods of equity analyses. It analyses FG Annuities' direct or indirect competition against its Working Capital to detect undervalued stocks with similar characteristics or determine the stocks which would be a good addition to a portfolio. Peer analysis of FG Annuities could also be used in its relative valuation, which is a method of valuing FG Annuities by comparing valuation metrics of similar companies.FG Annuities is currently under evaluation in working capital category among its peers.
FG Annuities ESG Sustainability
Some studies have found that companies with high sustainability scores are getting higher valuations than competitors with lower social-engagement activities. While most ESG disclosures are voluntary and do not directly affect the long term financial condition, FG Annuities' sustainability indicators can be used to identify proper investment strategies using environmental, social, and governance scores that are crucial to FG Annuities' managers, analysts, and investors.Environmental | Governance | Social |
FGN Fundamentals
| Revenue | 4.54 B | ||||
| EBITDA | 92 M | ||||
| Net Income | (58 M) | ||||
| Total Debt | 1.76 B | ||||
| Cash Flow From Operations | 6.17 B | ||||
| Total Asset | 62.72 B | ||||
| Retained Earnings | 1.93 B | ||||
| Net Asset | 62.72 B |
About FG Annuities Fundamental Analysis
The Macroaxis Fundamental Analysis modules help investors analyze FG Annuities Life's financials across various querterly and yearly statements, indicators and fundamental ratios. We help investors to determine the real value of FG Annuities using virtually all public information available. We use both quantitative as well as qualitative analysis to arrive at the intrinsic value of FG Annuities Life based on its fundamental data. In general, a quantitative approach, as applied to this company, focuses on analyzing financial statements comparatively, whereas a qaualitative method uses data that is important to a company's growth but cannot be measured and presented in a numerical way.
Please read more on our fundamental analysis page.
Pair Trading with FG Annuities
One of the main advantages of trading using pair correlations is that every trade hedges away some risk. Because there are two separate transactions required, even if FG Annuities position performs unexpectedly, the other equity can make up some of the losses. Pair trading also minimizes risk from directional movements in the market. For example, if an entire industry or sector drops because of unexpected headlines, the short position in FG Annuities will appreciate offsetting losses from the drop in the long position's value.Moving against FGN Stock
| 0.49 | CI | Cigna Corp | PairCorr |
| 0.45 | ESNT | Essent Group | PairCorr |
| 0.34 | HG | Hamilton Insurance Group, | PairCorr |
| 0.32 | ERIE | Erie Indemnity | PairCorr |
The ability to find closely correlated positions to FG Annuities could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace FG Annuities when you sell it. If you don't do this, your portfolio allocation will be skewed against your target asset allocation. So, investors can't just sell and buy back FG Annuities - that would be a violation of the tax code under the "wash sale" rule, and this is why you need to find a similar enough asset and use the proceeds from selling FG Annuities Life to buy it.
The correlation of FG Annuities is a statistical measure of how it moves in relation to other instruments. This measure is expressed in what is known as the correlation coefficient, which ranges between -1 and +1. A perfect positive correlation (i.e., a correlation coefficient of +1) implies that as FG Annuities moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if FG Annuities Life moves in either direction, the perfectly negatively correlated security will move in the opposite direction. If the correlation is 0, the equities are not correlated; they are entirely random. A correlation greater than 0.8 is generally described as strong, whereas a correlation less than 0.5 is generally considered weak.
Correlation analysis and pair trading evaluation for FG Annuities can also be used as hedging techniques within a particular sector or industry or even over random equities to generate a better risk-adjusted return on your portfolios.Check out FG Annuities Piotroski F Score and FG Annuities Altman Z Score analysis. You can also try the Fundamentals Comparison module to compare fundamentals across multiple equities to find investing opportunities.
Is Insurance 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 FG Annuities. If investors know FGN 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 FG Annuities listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
The market value of FG Annuities Life is measured differently than its book value, which is the value of FGN that is recorded on the company's balance sheet. Investors also form their own opinion of FG Annuities' value that differs from its market value or its book value, called intrinsic value, which is FG Annuities' 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 FG Annuities' market value can be influenced by many factors that don't directly affect FG Annuities' 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 FG Annuities' value and its price as these two are different measures arrived at by different means. Investors typically determine if FG Annuities is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, FG Annuities' 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.