Fair Other Assets vs Cash 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 Other Assets and its Cash 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.
Other Assets vs Cash
Other Assets vs Cash Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Fair Oaks Income Other Assets account and Cash. At this time, the significance of the direction appears to have strong relationship.
The correlation between Fair Oaks' Other Assets and Cash is 0.7. Overlapping area represents the amount of variation of Other Assets that can explain the historical movement of Cash 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' Other Assets and Cash 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 Assets of Fair Oaks Income are associated (or correlated) with its Cash. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Cash has no effect on the direction of Other Assets i.e., Fair Oaks' Other Assets and Cash go up and down completely randomly.
Correlation Coefficient | 0.7 |
| Relationship Direction | Positive |
| Relationship Strength | Significant |
Other Assets
Cash
Cash refers to the most liquid asset of Fair Oaks Income, which is listed under current asset account on Fair Oaks Income balance sheet and usually includes currency, coins, checking accounts, and not deposited checks received from Fair Oaks customers. The amounts must be unrestricted with restricted cash listed in a different Fair Oaks account. The total amount of money in the form of currency that a company has in its possession. This includes all bills, coins, and funds in bank accounts.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
Click cells to compare fundamentals
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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