Fair Depreciation And Amortization vs Gross Profit Analysis

FAIR Stock   0.54  0.01  1.89%   
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 Gross Profit 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 Gross Profit

Depreciation And Amortization vs Gross Profit 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 Gross Profit. At this time, the significance of the direction appears to have no relationship.
The correlation between Fair Oaks' Depreciation And Amortization and Gross Profit is 0.0. Overlapping area represents the amount of variation of Depreciation And Amortization that can explain the historical movement of Gross Profit 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 Gross Profit 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 Gross Profit. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Gross Profit has no effect on the direction of Depreciation And Amortization i.e., Fair Oaks' Depreciation And Amortization and Gross Profit go up and down completely randomly.

Correlation Coefficient

0.0
Relationship DirectionFlat 
Relationship StrengthInsignificant

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.

Gross Profit

Gross profit is a required income statement account that reflects total revenue of Fair Oaks Income minus its cost of goods sold. It is profit before Fair Oaks operating expenses, interest payments and taxes. Gross profit is also known as gross margin. The profit a company makes after deducting the costs associated with making and selling its products, or the costs associated with providing its services.
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

1.0-0.67-0.310.660.99-0.970.450.660.840.81-0.030.110.720.880.83-0.83-0.830.16-0.810.49-0.25-0.16
1.0-0.67-0.310.660.99-0.970.450.660.840.81-0.030.090.720.880.83-0.84-0.830.16-0.820.49-0.25-0.16
-0.67-0.670.21-0.99-0.560.52-0.68-0.99-0.59-0.460.39-0.05-0.95-0.58-0.530.540.53-0.390.58-0.140.270.31
-0.31-0.310.21-0.17-0.360.28-0.15-0.17-0.72-0.770.75-0.170.02-0.7-0.540.570.540.760.650.50.720.54
0.660.66-0.99-0.170.55-0.540.71.00.590.44-0.340.020.970.570.53-0.53-0.530.43-0.560.18-0.17-0.21
0.990.99-0.56-0.360.55-0.980.370.550.850.850.00.110.60.90.84-0.85-0.840.06-0.820.48-0.27-0.15
-0.97-0.970.520.28-0.54-0.98-0.39-0.54-0.84-0.82-0.1-0.07-0.61-0.87-0.850.840.85-0.110.79-0.560.08-0.04
0.450.45-0.68-0.150.70.37-0.390.70.450.32-0.20.330.690.430.34-0.33-0.340.24-0.35-0.05-0.02-0.04
0.660.66-0.99-0.171.00.55-0.540.70.590.44-0.340.020.970.570.53-0.53-0.530.43-0.560.18-0.17-0.21
0.840.84-0.59-0.720.590.85-0.840.450.590.98-0.390.140.530.990.88-0.88-0.88-0.26-0.910.09-0.41-0.28
0.810.81-0.46-0.770.440.85-0.820.320.440.98-0.390.10.380.980.9-0.9-0.9-0.39-0.920.08-0.46-0.28
-0.03-0.030.390.75-0.340.0-0.1-0.2-0.34-0.39-0.39-0.18-0.12-0.34-0.220.260.220.530.370.730.720.69
0.110.09-0.05-0.170.020.11-0.070.330.020.140.1-0.180.050.13-0.240.220.24-0.090.16-0.29-0.21-0.29
0.720.72-0.950.020.970.6-0.610.690.970.530.38-0.120.050.530.49-0.48-0.490.6-0.490.38-0.02-0.08
0.880.88-0.58-0.70.570.9-0.870.430.570.990.98-0.340.130.530.9-0.91-0.9-0.24-0.920.15-0.43-0.27
0.830.83-0.53-0.540.530.84-0.850.340.530.880.9-0.22-0.240.490.9-1.0-1.0-0.21-0.970.23-0.28-0.09
-0.83-0.840.540.57-0.53-0.850.84-0.33-0.53-0.88-0.90.260.22-0.48-0.91-1.01.00.230.98-0.20.350.17
-0.83-0.830.530.54-0.53-0.840.85-0.34-0.53-0.88-0.90.220.24-0.49-0.9-1.01.00.210.97-0.230.280.09
0.160.16-0.390.760.430.06-0.110.240.43-0.26-0.390.53-0.090.6-0.24-0.210.230.210.280.670.530.35
-0.81-0.820.580.65-0.56-0.820.79-0.35-0.56-0.91-0.920.370.16-0.49-0.92-0.970.980.970.28-0.10.450.3
0.490.49-0.140.50.180.48-0.56-0.050.180.090.080.73-0.290.380.150.23-0.2-0.230.67-0.10.480.5
-0.25-0.250.270.72-0.17-0.270.08-0.02-0.17-0.41-0.460.72-0.21-0.02-0.43-0.280.350.280.530.450.480.93
-0.16-0.160.310.54-0.21-0.15-0.04-0.04-0.21-0.28-0.280.69-0.29-0.08-0.27-0.090.170.090.350.30.50.93
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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 Total Equity450.9M462.6M439.4M444.9M511.7M396.7M
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
Long Term Investments336.7M293.1M311.7M235.0M220.5M245.6M
Capital Stock439.4M444.9M443.6M438.4M424.7M353.8M

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