Fujian Net Tangible Assets vs Other Assets Analysis

300525 Stock   18.22  0.38  2.13%   
Fujian Boss financial indicator trend analysis is much more than just examining Fujian Boss Software latest accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Fujian Boss Software is a good investment. Please check the relationship between Fujian Boss Net Tangible Assets and its Other Assets accounts. Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in Fujian Boss Software. 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.

Net Tangible Assets vs Other Assets

Net Tangible Assets vs Other Assets Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Fujian Boss Software Net Tangible Assets account and Other Assets. At this time, the significance of the direction appears to have totally related.
The correlation between Fujian Boss' Net Tangible Assets and Other Assets is 0.99. Overlapping area represents the amount of variation of Net Tangible Assets that can explain the historical movement of Other Assets in the same time period over historical financial statements of Fujian Boss Software, assuming nothing else is changed. The correlation between historical values of Fujian Boss' Net Tangible Assets and Other 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 Net Tangible Assets of Fujian Boss Software are associated (or correlated) with its Other Assets. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Other Assets has no effect on the direction of Net Tangible Assets i.e., Fujian Boss' Net Tangible Assets and Other Assets go up and down completely randomly.

Correlation Coefficient

0.99
Relationship DirectionPositive 
Relationship StrengthVery Strong

Net Tangible Assets

The total assets of a company minus any intangible assets such as patents, copyrights, and goodwill; it represents the physical assets of a company.

Other Assets

Most indicators from Fujian Boss' fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Fujian Boss Software 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 Fujian Boss Software. 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 Selling General Administrative is expected to grow to about 439.2 M, whereas Tax Provision is forecasted to decline to about 17.9 M.
 2021 2022 2023 2024 (projected)
Operating Income305.5M337.2M403.0M423.2M
Total Revenue1.6B1.9B2.0B2.1B

Fujian Boss fundamental ratios Correlations

0.220.971.00.990.970.990.990.990.910.970.650.990.960.990.950.990.881.00.92-0.640.07-0.73-0.70.790.84
0.220.40.240.230.290.210.260.270.470.120.410.270.40.180.130.190.550.190.38-0.410.620.33-0.19-0.250.06
0.970.40.980.960.960.970.970.970.960.920.730.980.990.940.890.960.950.970.93-0.720.25-0.6-0.740.650.76
1.00.240.980.990.970.991.00.990.910.960.660.990.960.990.950.990.871.00.92-0.660.07-0.71-0.730.760.84
0.990.230.960.990.980.980.981.00.890.980.670.980.961.00.970.990.850.990.92-0.620.0-0.72-0.680.780.85
0.970.290.960.970.980.960.960.990.880.950.740.950.960.980.940.980.830.960.93-0.660.0-0.61-0.740.680.83
0.990.210.970.990.980.960.980.980.910.940.660.980.950.970.920.980.880.990.9-0.650.14-0.71-0.750.740.8
0.990.260.971.00.980.960.980.990.910.940.610.980.940.980.940.990.880.990.92-0.650.08-0.7-0.740.740.84
0.990.270.970.991.00.990.980.990.910.960.690.980.960.990.960.990.870.990.94-0.670.04-0.68-0.710.750.85
0.910.470.960.910.890.880.910.910.910.860.70.940.960.870.790.880.990.910.89-0.840.37-0.52-0.650.590.66
0.970.120.920.960.980.950.940.940.960.860.710.960.930.970.960.960.80.960.89-0.59-0.08-0.77-0.620.850.81
0.650.410.730.660.670.740.660.610.690.70.710.640.790.640.570.650.670.650.72-0.640.16-0.17-0.670.290.45
0.990.270.980.990.980.950.980.980.980.940.960.640.960.970.930.970.910.990.91-0.650.15-0.73-0.670.780.81
0.960.40.990.960.960.960.950.940.960.960.930.790.960.930.880.930.930.950.92-0.740.23-0.58-0.70.650.73
0.990.180.940.991.00.980.970.980.990.870.970.640.970.930.980.990.810.980.92-0.61-0.06-0.73-0.680.80.87
0.950.130.890.950.970.940.920.940.960.790.960.570.930.880.980.960.740.940.88-0.49-0.17-0.76-0.570.840.88
0.990.190.960.990.990.980.980.990.990.880.960.650.970.930.990.960.830.990.91-0.610.0-0.71-0.750.750.86
0.880.550.950.870.850.830.880.880.870.990.80.670.910.930.810.740.830.870.85-0.780.47-0.48-0.610.550.61
1.00.190.971.00.990.960.990.990.990.910.960.650.990.950.980.940.990.870.91-0.630.07-0.74-0.730.780.83
0.920.380.930.920.920.930.90.920.940.890.890.720.910.920.920.880.910.850.91-0.680.1-0.46-0.670.640.9
-0.64-0.41-0.72-0.66-0.62-0.66-0.65-0.65-0.67-0.84-0.59-0.64-0.65-0.74-0.61-0.49-0.61-0.78-0.63-0.68-0.340.220.55-0.28-0.41
0.070.620.250.070.00.00.140.080.040.37-0.080.160.150.23-0.06-0.170.00.470.070.1-0.340.24-0.2-0.3-0.22
-0.730.33-0.6-0.71-0.72-0.61-0.71-0.7-0.68-0.52-0.77-0.17-0.73-0.58-0.73-0.76-0.71-0.48-0.74-0.460.220.240.29-0.93-0.57
-0.7-0.19-0.74-0.73-0.68-0.74-0.75-0.74-0.71-0.65-0.62-0.67-0.67-0.7-0.68-0.57-0.75-0.61-0.73-0.670.55-0.20.29-0.24-0.55
0.79-0.250.650.760.780.680.740.740.750.590.850.290.780.650.80.840.750.550.780.64-0.28-0.3-0.93-0.240.74
0.840.060.760.840.850.830.80.840.850.660.810.450.810.730.870.880.860.610.830.9-0.41-0.22-0.57-0.550.74
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Fujian Boss Account Relationship Matchups

Fujian Boss fundamental ratios Accounts

201920202021202220232024 (projected)
Total Assets1.8B2.1B2.5B3.2B4.3B4.5B
Other Current Liab142.8M117.9M154.1M237.6M1.9M1.8M
Total Current Liabilities454.3M581.2M637.2M715.5M792.6M832.2M
Total Stockholder Equity1.2B1.4B1.6B2.1B2.6B2.7B
Retained Earnings360.6M497.9M693.1M906.5M1.1B1.1B
Accounts Payable79.0M145.9M210.2M274.2M254.8M267.5M
Cash611.0M949.3M848.4M1.0B1.4B1.5B
Other Assets65.4M65.8M64.3M109.3M125.7M132.0M
Net Receivables328.1M447.4M586.1M814.7M885.6M929.9M
Good Will255.5M260.8M274.6M292.1M338.1M355.0M
Inventory31.6M41.9M112.5M92.9M152.6M160.3M
Other Current Assets13.9M21.4M59.4M24.7M27.4M16.6M
Total Liab495.6M615.1M663.1M820.2M1.2B1.2B
Intangible Assets33.4M57.7M71.6M67.1M74.5M78.2M
Common Stock214.0M280.7M399.7M612.6M704.5M739.7M
Property Plant Equipment136.6M181.8M343.2M577.3M663.8M697.0M
Net Tangible Assets921.3M1.1B1.2B1.7B2.0B2.1B
Total Current Assets1.3B1.5B1.7B2.1B2.9B3.0B
Non Current Assets Total543.9M639.8M850.6M1.2B1.4B763.5M
Non Currrent Assets Other3.6M1.2M318.5K21.8M52.8M51.7M
Non Current Liabilities Total41.4M33.9M25.9M104.6M359.5M377.5M
Other Liab6.1M5.4M12.0M15.7M14.1M24.1M
Long Term Debt81.2M35.3M28.6M68.7M198.6M208.5M
Common Stock Shares Outstanding389.5M393.0M399.7M612.6M751.6M511.4M
Deferred Long Term Liab3.7M5.9M7.7M11.3M13.0M13.6M
Net Invested Capital1.4B1.6B1.6B2.2B2.8B1.7B
Net Working Capital811.3M920.0M1.0B1.4B2.1B1.1B
Capital Stock214.0M280.7M399.7M612.6M751.6M437.8M

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Other Information on Investing in Fujian Stock

Balance Sheet is a snapshot of the financial position of Fujian Boss Software at a specified time, usually calculated after every quarter, six months, or one year. Fujian Boss Balance Sheet has two main parts: assets and liabilities. Liabilities are the debts or obligations of Fujian Boss 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 Fujian currently owns. An asset can also be divided into two categories, current and non-current.