Fair Depreciation And Amortization vs Total Current Liabilities Analysis

FA17 Stock   0.57  0.02  3.64%   
Fair Oaks financial indicator trend analysis is much more than just examining Fair Oaks Income latest accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Fair Oaks Income is a good investment. Please check the relationship between Fair Oaks Depreciation And Amortization and its Total Current Liabilities accounts. Check out Investing Opportunities to better understand how to build diversified portfolios, which includes a position in Fair Oaks Income. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in board of governors.

Depreciation And Amortization vs Total Current Liabilities

Depreciation And Amortization vs Total Current Liabilities Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Fair Oaks Income Depreciation And Amortization account and Total Current Liabilities. At this time, the significance of the direction appears to have pay attention.
The correlation between Fair Oaks' Depreciation And Amortization and Total Current Liabilities is -0.75. Overlapping area represents the amount of variation of Depreciation And Amortization that can explain the historical movement of Total Current Liabilities in the same time period over historical financial statements of Fair Oaks Income, assuming nothing else is changed. The correlation between historical values of Fair Oaks' Depreciation And Amortization and Total Current Liabilities is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Depreciation And Amortization of Fair Oaks Income are associated (or correlated) with its Total Current Liabilities. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Total Current Liabilities has no effect on the direction of Depreciation And Amortization i.e., Fair Oaks' Depreciation And Amortization and Total Current Liabilities go up and down completely randomly.

Correlation Coefficient

-0.75
Relationship DirectionNegative 
Relationship StrengthWeak

Depreciation And Amortization

The systematic reduction in the recorded value of an intangible asset. This includes the allocation of the cost of tangible assets to periods in which the assets are used, representing the expense related to the wear and tear, deterioration, or obsolescence of physical assets and intangible assets over their useful lives.

Total Current Liabilities

Total Current Liabilities is an item on Fair Oaks balance sheet that include short term debt, accounts payable, accrued salaries payable, payroll taxes payable, accrued liabilities and other debts. Total Current Liabilities of Fair Oaks Income are important to investors because some useful performance ratios such as Current Ratio and Quick Ratio require Total Current Liabilities to be accurate. The total amount of liabilities that a company is expected to pay within one year, including debts, accounts payable, and other short-term financial obligations.
Most indicators from Fair Oaks' fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Fair Oaks Income 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 Investing Opportunities to better understand how to build diversified portfolios, which includes a position in Fair Oaks Income. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in board of governors.
Selling General Administrative is likely to gain to about 980.5 K in 2024

Fair Oaks fundamental ratios Correlations

1.0-0.67-0.310.660.99-0.970.450.660.81-0.030.110.720.880.83-0.83-0.830.16-0.16-0.16
1.0-0.67-0.310.660.99-0.970.450.660.81-0.030.090.720.880.83-0.84-0.830.16-0.16-0.16
-0.67-0.670.21-0.99-0.560.52-0.68-0.99-0.460.39-0.05-0.95-0.58-0.530.540.53-0.390.310.31
-0.31-0.310.21-0.17-0.360.28-0.15-0.17-0.770.75-0.170.02-0.7-0.540.570.540.760.540.54
0.660.66-0.99-0.170.55-0.540.71.00.44-0.340.020.970.570.53-0.53-0.530.43-0.21-0.21
0.990.99-0.56-0.360.55-0.980.370.550.850.00.110.60.90.84-0.85-0.840.06-0.15-0.15
-0.97-0.970.520.28-0.54-0.98-0.39-0.54-0.82-0.1-0.07-0.61-0.87-0.850.840.85-0.11-0.04-0.04
0.450.45-0.68-0.150.70.37-0.390.70.32-0.20.330.690.430.34-0.33-0.340.24-0.04-0.04
0.660.66-0.99-0.171.00.55-0.540.70.44-0.340.020.970.570.53-0.53-0.530.43-0.21-0.21
0.810.81-0.46-0.770.440.85-0.820.320.44-0.390.10.380.980.9-0.9-0.9-0.39-0.28-0.28
-0.03-0.030.390.75-0.340.0-0.1-0.2-0.34-0.39-0.18-0.12-0.34-0.220.260.220.530.690.69
0.110.09-0.05-0.170.020.11-0.070.330.020.1-0.180.050.13-0.240.220.24-0.09-0.29-0.29
0.720.72-0.950.020.970.6-0.610.690.970.38-0.120.050.530.49-0.48-0.490.6-0.08-0.08
0.880.88-0.58-0.70.570.9-0.870.430.570.98-0.340.130.530.9-0.91-0.9-0.24-0.27-0.27
0.830.83-0.53-0.540.530.84-0.850.340.530.9-0.22-0.240.490.9-1.0-1.0-0.21-0.09-0.09
-0.83-0.840.540.57-0.53-0.850.84-0.33-0.53-0.90.260.22-0.48-0.91-1.01.00.230.170.17
-0.83-0.830.530.54-0.53-0.840.85-0.34-0.53-0.90.220.24-0.49-0.9-1.01.00.210.090.09
0.160.16-0.390.760.430.06-0.110.240.43-0.390.53-0.090.6-0.24-0.210.230.210.350.35
-0.16-0.160.310.54-0.21-0.15-0.04-0.04-0.21-0.280.69-0.29-0.08-0.27-0.090.170.090.351.0
-0.16-0.160.310.54-0.21-0.15-0.04-0.04-0.21-0.280.69-0.29-0.08-0.27-0.090.170.090.351.0
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Fair Oaks Account Relationship Matchups

Fair Oaks fundamental ratios Accounts

201920202021202220232024 (projected)
Total Assets343.2M295.5M313.1M262.9M246.2M337.0M
Total Stockholder Equity343.2M295.0M312.5M262.3M243.9M335.7M
Net Debt(5.3M)(2.4M)(1.3M)(27.8M)(25.2M)(23.9M)
Retained Earnings(96.2M)(150.0M)(131.1M)(176.1M)(180.7M)(171.7M)
Cash5.3M2.4M1.3M27.8M25.2M16.6M
Non Current Assets Total336.7M293.1M311.7M235.0M220.5M313.4M
Non Currrent Assets Other(336.7M)(293.1M)(311.7M)(235.0M)(220.5M)(231.5M)
Other Assets37.3K17.9K28.8K97.6K87.9K51.4K
Cash And Short Term Investments5.3M2.4M1.3M27.8M25.2M16.6M
Common Stock Shares Outstanding475.1M462.9M467.7M458.3M445.5M425.9M
Liabilities And Stockholders Equity343.2M295.5M313.1M262.9M246.2M337.0M
Other Current Assets17.9K28.8K97.6K(593.4K)(534.1K)(507.4K)
Total Liab89.7K84.4K107.3K595.3K2.3M2.4M
Total Current Assets6.5M2.4M1.3M28.0M25.8M17.1M
Common Stock439.4M444.9M443.6M438.4M424.7M421.5M
Other Current Liab(89.7K)(84.4K)(107.3K)(112.5K)(2.3M)(2.4M)
Accounts Payable89.7K84.4K107.3K112.5K2.3M2.4M
Net Receivables13.9M1.2M97.6K118.0K593.4K563.8K

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