FSPG Change To Netincome vs Capital Expenditures Analysis

000973 Stock

6.65 0.23 3.34%

FSPG Hi-Tech financial indicator trend analysis is much more than just examining FSPG Hi Tech latest accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether FSPG Hi Tech is a good investment. Please check the relationship between FSPG Hi-Tech Change To Netincome and its Capital Expenditures accounts. Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in FSPG Hi Tech Co. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in nation.

Change To Netincome vs Capital Expenditures

Change To Netincome vs Capital Expenditures Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of FSPG Hi Tech Change To Netincome account and Capital Expenditures. At this time, the significance of the direction appears to have significant contrarian relationship.

The correlation between FSPG Hi-Tech's Change To Netincome and Capital Expenditures is -0.4. Overlapping area represents the amount of variation of Change To Netincome that can explain the historical movement of Capital Expenditures in the same time period over historical financial statements of FSPG Hi Tech Co, assuming nothing else is changed. The correlation between historical values of FSPG Hi-Tech's Change To Netincome and Capital Expenditures is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Change To Netincome of FSPG Hi Tech Co are associated (or correlated) with its Capital Expenditures. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Capital Expenditures has no effect on the direction of Change To Netincome i.e., FSPG Hi-Tech's Change To Netincome and Capital Expenditures go up and down completely randomly.

Correlation Coefficient

-0.4

Relationship Direction	Negative
Relationship Strength	Very Weak

View All Relationships

Change To Netincome

Capital Expenditures

Capital Expenditures are funds used by FSPG Hi Tech to acquire physical assets such as property, industrial buildings or equipment. This type of outlay is used by management to increase the scope of FSPG Hi-Tech operations. These expenditures can include everything from repairing an office equipment, building a brand new facility, or writing new software.

Most indicators from FSPG Hi-Tech's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into FSPG Hi Tech 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 Trending Equities to better understand how to build diversified portfolios, which includes a position in FSPG Hi Tech Co. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in nation.

The current year's Tax Provision is expected to grow to about 14.5 M, whereas Selling General Administrative is forecasted to decline to about 35.1 M.

	2022	2023	2024	2025 (projected)
Operating Income	212.7M	187.8M	216.0M	163.2M
Total Revenue	2.6B	2.2B	2.0B	2.3B

Operating Income Total Revenue

FSPG Hi-Tech fundamental ratios Correlations

	Total Assets	Short Long Term Debt Total	Other Current Liab	Total Current Liabilities	Total Stockholder Equity	Property Plant And Equipment Net	Current Deferred Revenue	Net Debt	Retained Earnings	Accounts Payable	Cash	Non Current Assets Total	Non Currrent Assets Other	Cash And Short Term Investments	Net Receivables	Non Current Liabilities Total	Inventory	Other Current Assets	Other Stockholder Equity	Total Liab	Total Current Assets	Short Term Debt	Intangible Assets	Common Stock	Other Liab	Other Assets
Total Assets		0.62	0.57	0.54	0.61	0.86	-0.27	0.23	0.34	0.35	0.64	0.92	-0.8	0.47	0.76	0.43	0.73	-0.15	0.61	0.68	0.94	0.33	0.58	0.71	0.53	0.2
Short Long Term Debt Total	0.62		0.28	0.78	-0.15	0.43	0.37	0.76	-0.25	0.55	-0.01	0.52	-0.69	-0.08	0.4	0.51	0.92	0.05	0.9	0.91	0.62	0.65	0.19	0.07	0.78	0.43
Other Current Liab	0.57	0.28		0.53	0.09	0.35	-0.23	0.04	-0.03	0.49	0.46	0.49	-0.47	0.23	0.08	0.35	0.43	0.5	0.37	0.62	0.56	-0.02	0.5	0.28	-0.01	0.32
Total Current Liabilities	0.54	0.78	0.53		-0.18	0.21	0.16	0.48	-0.21	0.79	0.2	0.35	-0.58	0.09	0.35	0.04	0.75	0.22	0.84	0.85	0.64	0.77	-0.03	-0.1	0.44	0.31
Total Stockholder Equity	0.61	-0.15	0.09	-0.18		0.7	-0.62	-0.39	0.76	-0.3	0.72	0.64	-0.33	0.63	0.68	-0.04	-0.03	-0.5	-0.14	-0.17	0.49	-0.1	0.49	0.87	-0.01	-0.22
Property Plant And Equipment Net	0.86	0.43	0.35	0.21	0.7		-0.32	0.06	0.58	-0.02	0.46	0.94	-0.76	0.47	0.72	0.48	0.46	-0.24	0.37	0.42	0.67	0.0	0.68	0.81	0.43	0.16
Current Deferred Revenue	-0.27	0.37	-0.23	0.16	-0.62	-0.32		0.83	-0.83	0.02	-0.76	-0.19	0.06	-0.9	-0.38	0.26	0.26	0.37	0.32	0.26	-0.3	0.38	-0.16	-0.41	0.43	0.52
Net Debt	0.23	0.76	0.04	0.48	-0.39	0.06	0.83		-0.72	0.33	-0.46	0.23	-0.39	-0.68	-0.02	0.51	0.72	0.18	0.69	0.66	0.19	0.58	0.06	-0.12	0.74	0.52
Retained Earnings	0.34	-0.25	-0.03	-0.21	0.76	0.58	-0.83	-0.72		-0.29	0.6	0.38	-0.16	0.86	0.6	-0.21	-0.26	-0.47	-0.27	-0.29	0.27	-0.3	0.28	0.57	-0.23	-0.4
Accounts Payable	0.35	0.55	0.49	0.79	-0.3	-0.02	0.02	0.33	-0.29		0.15	0.09	-0.3	0.06	0.18	0.09	0.69	0.06	0.68	0.7	0.52	0.5	-0.18	-0.27	0.34	-0.11
Cash	0.64	-0.01	0.46	0.2	0.72	0.46	-0.76	-0.46	0.6	0.15		0.45	-0.32	0.84	0.53	-0.13	0.14	-0.22	0.03	0.1	0.72	0.06	0.29	0.57	-0.12	-0.17
Non Current Assets Total	0.92	0.52	0.49	0.35	0.64	0.94	-0.19	0.23	0.38	0.09	0.45		-0.84	0.31	0.68	0.52	0.57	-0.15	0.47	0.56	0.72	0.15	0.75	0.83	0.5	0.25
Non Currrent Assets Other	-0.8	-0.69	-0.47	-0.58	-0.33	-0.76	0.06	-0.39	-0.16	-0.3	-0.32	-0.84		-0.19	-0.51	-0.43	-0.68	0.08	-0.63	-0.7	-0.66	-0.39	-0.42	-0.52	-0.59	-0.35
Cash And Short Term Investments	0.47	-0.08	0.23	0.09	0.63	0.47	-0.9	-0.68	0.86	0.06	0.84	0.31	-0.19		0.57	-0.23	-0.04	-0.32	-0.07	-0.04	0.54	-0.11	0.16	0.42	-0.22	-0.33
Net Receivables	0.76	0.4	0.08	0.35	0.68	0.72	-0.38	-0.02	0.6	0.18	0.53	0.68	-0.51	0.57		0.05	0.44	-0.54	0.45	0.32	0.72	0.36	0.34	0.57	0.46	-0.2
Non Current Liabilities Total	0.43	0.51	0.35	0.04	-0.04	0.48	0.26	0.51	-0.21	0.09	-0.13	0.52	-0.43	-0.23	0.05		0.57	0.14	0.37	0.56	0.29	-0.23	0.62	0.34	0.56	0.36
Inventory	0.73	0.92	0.43	0.75	-0.03	0.46	0.26	0.72	-0.26	0.69	0.14	0.57	-0.68	-0.04	0.44	0.57		-0.01	0.91	0.92	0.76	0.59	0.22	0.17	0.79	0.33
Other Current Assets	-0.15	0.05	0.5	0.22	-0.5	-0.24	0.37	0.18	-0.47	0.06	-0.22	-0.15	0.08	-0.32	-0.54	0.14	-0.01		0.06	0.26	-0.13	-0.09	0.02	-0.31	-0.22	0.66
Other Stockholder Equity	0.61	0.9	0.37	0.84	-0.14	0.37	0.32	0.69	-0.27	0.68	0.03	0.47	-0.63	-0.07	0.45	0.37	0.91	0.06		0.89	0.66	0.69	0.08	-0.03	0.72	0.4
Total Liab	0.68	0.91	0.62	0.85	-0.17	0.42	0.26	0.66	-0.29	0.7	0.1	0.56	-0.7	-0.04	0.32	0.56	0.92	0.26	0.89		0.68	0.52	0.3	0.09	0.66	0.45
Total Current Assets	0.94	0.62	0.56	0.64	0.49	0.67	-0.3	0.19	0.27	0.52	0.72	0.72	-0.66	0.54	0.72	0.29	0.76	-0.13	0.66	0.68		0.44	0.35	0.51	0.48	0.13
Short Term Debt	0.33	0.65	-0.02	0.77	-0.1	0.0	0.38	0.58	-0.3	0.5	0.06	0.15	-0.39	-0.11	0.36	-0.23	0.59	-0.09	0.69	0.52	0.44		-0.3	-0.15	0.52	0.22
Intangible Assets	0.58	0.19	0.5	-0.03	0.49	0.68	-0.16	0.06	0.28	-0.18	0.29	0.75	-0.42	0.16	0.34	0.62	0.22	0.02	0.08	0.3	0.35	-0.3		0.74	0.13	0.14
Common Stock	0.71	0.07	0.28	-0.1	0.87	0.81	-0.41	-0.12	0.57	-0.27	0.57	0.83	-0.52	0.42	0.57	0.34	0.17	-0.31	-0.03	0.09	0.51	-0.15	0.74		0.19	0.05
Other Liab	0.53	0.78	-0.01	0.44	-0.01	0.43	0.43	0.74	-0.23	0.34	-0.12	0.5	-0.59	-0.22	0.46	0.56	0.79	-0.22	0.72	0.66	0.48	0.52	0.13	0.19		0.26
Other Assets	0.2	0.43	0.32	0.31	-0.22	0.16	0.52	0.52	-0.4	-0.11	-0.17	0.25	-0.35	-0.33	-0.2	0.36	0.33	0.66	0.4	0.45	0.13	0.22	0.14	0.05	0.26

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FSPG Hi-Tech Account Relationship Matchups

FSPG Hi-Tech fundamental ratios Accounts

	2020	2021	2022	2023	2024	2025 (projected)
Total Assets	3.9B	4.0B	4.5B	4.6B	5.3B	4.4B
Short Long Term Debt Total	736.1M	667.6M	787.1M	604.5M	695.2M	1.4B
Other Current Liab	4.0M	2.7M	144.2M	201.3M	231.5M	215.6M
Total Current Liabilities	732.7M	719.3M	757.1M	754.4M	867.6M	1.7B
Total Stockholder Equity	2.4B	2.5B	2.6B	2.8B	3.2B	1.8B
Property Plant And Equipment Net	1.4B	1.3B	1.3B	1.5B	1.7B	1.6B
Current Deferred Revenue	160.3M	157.3M	27.7M	26.1M	30.1M	28.6M
Net Debt	318.1M	244.6M	(182.4M)	(229.9M)	(206.9M)	(196.5M)
Retained Earnings	865.1M	953.4M	1.0B	1.2B	1.4B	1.5B
Accounts Payable	195.2M	202.2M	190.3M	221.7M	199.5M	312.8M
Cash	418.0M	423.0M	969.5M	834.4M	959.5M	487.3M
Non Current Assets Total	2.5B	2.4B	2.4B	2.6B	3.0B	2.6B
Non Currrent Assets Other	95.3M	185.7M	139.0M	61.4M	55.2M	52.5M
Cash And Short Term Investments	501.0M	599.6M	1.1B	1.0B	1.2B	1.3B
Net Receivables	426.0M	487.8M	546.9M	467.3M	537.4M	548.7M
Liabilities And Stockholders Equity	3.9B	4.0B	4.5B	4.6B	5.3B	4.4B
Non Current Liabilities Total	493.8M	442.9M	520.2M	365.1M	419.8M	600.8M
Inventory	426.6M	430.2M	520.7M	467.8M	538.0M	674.9M
Other Current Assets	16.1M	14.0M	9.5M	34.1M	30.7M	57.3M
Other Stockholder Equity	533.3M	298.8M	298.8M	298.4M	268.5M	447.9M
Total Liab	1.2B	1.2B	1.3B	1.1B	1.3B	2.3B
Total Current Assets	1.4B	1.5B	2.2B	2.0B	2.3B	1.8B
Short Term Debt	373.2M	357.0M	394.9M	305.3M	274.7M	261.0M
Intangible Assets	240.9M	245.5M	238.0M	202.5M	232.9M	217.0M
Other Liab	134.9M	131.5M	130.9M	132.2M	152.0M	176.0M
Long Term Debt	362.9M	306.0M	388.3M	297.1M	341.7M	524.9M
Property Plant Equipment	1.4B	1.4B	1.3B	1.3B	1.2B	1.3B
Short Term Investments	83.0M	176.6M	130.1M	210.5M	242.1M	254.2M
Good Will	42.1M	34.9M	27.3M	22.9M	26.4M	24.1M
Net Tangible Assets	2.1B	2.1B	2.2B	2.4B	2.7B	2.2B
Short Long Term Debt	347.6M	274.7M	332.9M	184.5M	212.2M	359.2M
Deferred Long Term Liab	6.3M	5.7M	4.2M	969.8K	872.8K	829.2K
Net Invested Capital	3.1B	3.1B	3.4B	3.3B	3.8B	3.5B
Net Working Capital	637.0M	812.4M	1.4B	1.3B	1.4B	1.5B
Property Plant And Equipment Gross	3.3B	3.3B	3.4B	1.4B	1.3B	2.3B
Accumulated Other Comprehensive Income	258.6M	261.4M	334.5M	344.0M	395.6M	319.4M

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Balance Sheet is a snapshot of the financial position of FSPG Hi Tech at a specified time, usually calculated after every quarter, six months, or one year. FSPG Hi-Tech Balance Sheet has two main parts: assets and liabilities. Liabilities are the debts or obligations of FSPG Hi-Tech and are divided into current liabilities and long term liabilities. An asset, on the other hand, is anything of value that can be converted into cash and which FSPG currently owns. An asset can also be divided into two categories, current and non-current.

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FSPG Change To Netincome vs Capital Expenditures Analysis

Change To Netincome vs Capital Expenditures

Change To Netincome vs Capital Expenditures Correlation Analysis

Correlation Coefficient

Change To Netincome

Capital Expenditures

FSPG Hi-Tech fundamental ratios Correlations

FSPG Hi-Tech Account Relationship Matchups

High Positive Relationship

High Negative Relationship

FSPG Hi-Tech fundamental ratios Accounts

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Other Information on Investing in FSPG Stock

COMMON DESTINATIONS

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COMPANY

Total Current Assets	+ 0.94	Total Assets
Non Current Assets Total	+ 0.94	Property Plant And Equipment Net
Non Current Assets Total	+ 0.92	Total Assets
Inventory	+ 0.92	Short Long Term Debt Total
Total Liab	+ 0.92	Inventory
Total Liab	+ 0.91	Short Long Term Debt Total

Cash And Short Term Investments	- 0.9	Current Deferred Revenue
Non Currrent Assets Other	- 0.84	Non Current Assets Total
Retained Earnings	- 0.83	Current Deferred Revenue
Non Currrent Assets Other	- 0.8	Total Assets
Cash	- 0.76	Current Deferred Revenue
Non Currrent Assets Other	- 0.76	Property Plant And Equipment Net