Fair Non Currrent Assets Other vs Cash And Short Term Investments 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 Non Currrent Assets Other 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.

Non Currrent Assets Other vs Cash And Short Term Investments

Non Currrent Assets Other 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 Non Currrent Assets Other account and Cash And Short Term Investments. At this time, the significance of the direction appears to have strong contrarian relationship.
The correlation between Fair Oaks' Non Currrent Assets Other and Cash And Short Term Investments is -0.54. Overlapping area represents the amount of variation of Non Currrent Assets Other 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' Non Currrent Assets Other 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 Non Currrent Assets Other 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 Non Currrent Assets Other i.e., Fair Oaks' Non Currrent Assets Other and Cash And Short Term Investments go up and down completely randomly.

Correlation Coefficient

-0.54
Relationship DirectionNegative 
Relationship StrengthVery Weak

Non Currrent Assets Other

Assets that are not physical or tangible, expected to provide value for more than one year, and not easily converted into cash, such as long-term investments or patents.

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

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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