Fair Inventory vs Total Current Assets 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 Inventory and its Total Current Assets 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.
Inventory vs Total Current Assets
Inventory vs Total Current Assets Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Fair Oaks Income Inventory account and Total Current Assets. At this time, the significance of the direction appears to have weak contrarian relationship.
The correlation between Fair Oaks' Inventory and Total Current Assets is -0.08. Overlapping area represents the amount of variation of Inventory that can explain the historical movement of Total Current Assets 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' Inventory and Total Current 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 Inventory of Fair Oaks Income are associated (or correlated) with its Total Current Assets. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Total Current Assets has no effect on the direction of Inventory i.e., Fair Oaks' Inventory and Total Current Assets go up and down completely randomly.
Correlation Coefficient | -0.08 |
Relationship Direction | Negative |
Relationship Strength | Insignificant |
Inventory
Total Current Assets
The total value of all assets that are expected to be converted into cash within one year or during the normal operating cycle.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
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Fair Oaks Account Relationship Matchups
High Positive Relationship
High Negative Relationship
Fair Oaks fundamental ratios Accounts
2019 | 2020 | 2021 | 2022 | 2023 | 2024 (projected) | ||
Total Assets | 343.2M | 295.5M | 313.1M | 262.9M | 246.2M | 337.0M | |
Total Stockholder Equity | 343.2M | 295.0M | 312.5M | 262.3M | 243.9M | 335.7M | |
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) | |
Cash | 5.3M | 2.4M | 1.3M | 27.8M | 25.2M | 16.6M | |
Non Current Assets Total | 336.7M | 293.1M | 311.7M | 235.0M | 220.5M | 313.4M | |
Non Currrent Assets Other | (336.7M) | (293.1M) | (311.7M) | (235.0M) | (220.5M) | (231.5M) | |
Other Assets | 37.3K | 17.9K | 28.8K | 97.6K | 87.9K | 51.4K | |
Cash And Short Term Investments | 5.3M | 2.4M | 1.3M | 27.8M | 25.2M | 16.6M | |
Common Stock Shares Outstanding | 475.1M | 462.9M | 467.7M | 458.3M | 445.5M | 425.9M | |
Liabilities And Stockholders Equity | 343.2M | 295.5M | 313.1M | 262.9M | 246.2M | 337.0M | |
Other Current Assets | 17.9K | 28.8K | 97.6K | (593.4K) | (534.1K) | (507.4K) | |
Total Liab | 89.7K | 84.4K | 107.3K | 595.3K | 2.3M | 2.4M | |
Total Current Assets | 6.5M | 2.4M | 1.3M | 28.0M | 25.8M | 17.1M | |
Common Stock | 439.4M | 444.9M | 443.6M | 438.4M | 424.7M | 421.5M | |
Other Current Liab | (89.7K) | (84.4K) | (107.3K) | (112.5K) | (2.3M) | (2.4M) | |
Accounts Payable | 89.7K | 84.4K | 107.3K | 112.5K | 2.3M | 2.4M | |
Net Receivables | 13.9M | 1.2M | 97.6K | 118.0K | 593.4K | 563.8K |
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