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 Direction | Flat |
Relationship Strength | Insignificant |
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
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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 Total Equity | 450.9M | 462.6M | 439.4M | 444.9M | 511.7M | 396.7M | |
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 | |
Long Term Investments | 336.7M | 293.1M | 311.7M | 235.0M | 220.5M | 245.6M | |
Capital Stock | 439.4M | 444.9M | 443.6M | 438.4M | 424.7M | 353.8M |
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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.