| 000973 Stock | | | 8.19 0.91 10.00% |
FSPG Hi 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 Other Operating Expenses and its Total Operating Expenses 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.
Other Operating Expenses vs Total Operating Expenses
Other Operating Expenses vs Total Operating Expenses Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of
FSPG Hi Tech Other Operating Expenses account and
Total Operating Expenses. At this time, the significance of the direction appears to have strong relationship.
The correlation between FSPG Hi's Other Operating Expenses and Total Operating Expenses is 0.61. Overlapping area represents the amount of variation of Other Operating Expenses that can explain the historical movement of Total Operating Expenses 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's Other Operating Expenses and Total Operating Expenses is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Other Operating Expenses of FSPG Hi Tech Co are associated (or correlated) with its Total Operating Expenses. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Total Operating Expenses has no effect on the direction of Other Operating Expenses i.e., FSPG Hi's Other Operating Expenses and Total Operating Expenses go up and down completely randomly.
Correlation Coefficient | 0.61 |
| Relationship Direction | Positive |
| Relationship Strength | Significant |
Other Operating Expenses
Other Operating Expenses is the expense which generally does not depend on sales or production quantities of FSPG Hi Tech. It is also known as FSPG Hi overhead expenses. Typically these expenses include marketing, rent and utilities, office, leases, and other overhead cost. Expenses incurred from non-core business activities, including administrative and general expenses, but excluding costs directly related to production.
Total Operating Expenses
The total costs associated with the day-to-day operations of a business, excluding the cost of goods sold but including selling, general, and administrative expenses.
Most indicators from FSPG Hi'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 39
M.
FSPG Hi fundamental ratios Correlations
Click cells to compare fundamentals
FSPG Hi Account Relationship Matchups
High Positive Relationship
High Negative Relationship
FSPG Hi fundamental ratios Accounts
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Other Information on Investing in FSPG Stock
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 Balance Sheet has two main parts: assets and liabilities. Liabilities are the debts or obligations of FSPG Hi 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.