Fair Total Current Assets vs Cash And Short Term Investments 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 Total Current Assets and its Cash And Short Term Investments 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.
Total Current Assets vs Cash And Short Term Investments
Total Current Assets vs Cash And Short Term Investments Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Fair Oaks Income Total Current Assets account and Cash And Short Term Investments. At this time, the significance of the direction appears to have almost identical trend.
The correlation between Fair Oaks' Total Current Assets and Cash And Short Term Investments is 0.97. Overlapping area represents the amount of variation of Total Current Assets that can explain the historical movement of Cash And Short Term Investments 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' Total Current Assets and Cash And Short Term Investments is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Total Current Assets of Fair Oaks Income are associated (or correlated) with its Cash And Short Term Investments. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Cash And Short Term Investments has no effect on the direction of Total Current Assets i.e., Fair Oaks' Total Current Assets and Cash And Short Term Investments go up and down completely randomly.
Correlation Coefficient | 0.97 |
Relationship Direction | Positive |
Relationship Strength | Very Strong |
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.Cash And Short Term Investments
Short Term Investments is an account in the current assets section of Fair Oaks Income balance sheet. This account contains Fair Oaks investments that will expire within one year. These investments include stocks and bonds that can be liquidated by Fair Oaks Income fairly quickly. The sum of a company's cash on hand, including bank deposits and short-term, highly liquid investments that are easily convertible to known amounts of cash.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 |
Also Currently Popular
Analyzing currently trending equities could be an opportunity to develop a better portfolio based on different market momentums that they can trigger. Utilizing the top trending stocks is also useful when creating a market-neutral strategy or pair trading technique involving a short or a long position in a currently trending equity.Additional Tools for Fair Stock Analysis
When running Fair Oaks' price analysis, check to measure Fair Oaks' market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy Fair Oaks is operating at the current time. Most of Fair Oaks' value examination focuses on studying past and present price action to predict the probability of Fair Oaks' future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Fair Oaks' price. Additionally, you may evaluate how the addition of Fair Oaks to your portfolios can decrease your overall portfolio volatility.