Fair Total Current Liabilities vs Total 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 Total Current Liabilities and its Total 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.

Total Current Liabilities vs Total Assets

Total Current Liabilities vs Total Assets Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Fair Oaks Income Total Current Liabilities account and Total Assets. At this time, the significance of the direction appears to have pay attention.
The correlation between Fair Oaks' Total Current Liabilities and Total Assets is -0.83. Overlapping area represents the amount of variation of Total Current Liabilities that can explain the historical movement of Total 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' Total Current Liabilities and Total 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 Total Current Liabilities of Fair Oaks Income are associated (or correlated) with its Total Assets. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Total Assets has no effect on the direction of Total Current Liabilities i.e., Fair Oaks' Total Current Liabilities and Total Assets go up and down completely randomly.

Correlation Coefficient

-0.83
Relationship DirectionNegative 
Relationship StrengthSignificant

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.

Total Assets

Total assets refers to the total amount of Fair Oaks assets owned. Assets are items that have some economic value and are expended over time to create a benefit for the owner. These assets are usually recorded in Fair Oaks Income books under different categories such as cash, marketable securities, accounts receivable,prepaid expenses, inventory, fixed assets, intangible assets, other assets, marketable securities, accounts receivable, prepaid expenses and others. The total value of all owned resources that are expected to provide future economic benefits to the business, including cash, investments, accounts receivable, inventory, property, plant, equipment, and intangible assets.
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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