Fair Other Operating Expenses vs Operating Income 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 Other Operating Expenses and its Operating Income 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.
Other Operating Expenses vs Operating Income
Other Operating Expenses vs Operating Income Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Fair Oaks Income Other Operating Expenses account and Operating Income. At this time, the significance of the direction appears to have almost no relationship.
The correlation between Fair Oaks' Other Operating Expenses and Operating Income is 0.18. Overlapping area represents the amount of variation of Other Operating Expenses that can explain the historical movement of Operating Income 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' Other Operating Expenses and Operating Income is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Other Operating Expenses of Fair Oaks Income are associated (or correlated) with its Operating Income. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Operating Income has no effect on the direction of Other Operating Expenses i.e., Fair Oaks' Other Operating Expenses and Operating Income go up and down completely randomly.
Correlation Coefficient | 0.18 |
Relationship Direction | Positive |
Relationship Strength | Insignificant |
Other Operating Expenses
Other Operating Expenses is the expense which generally does not depend on sales or production quantities of Fair Oaks Income. It is also known as Fair Oaks overhead expenses. Typically these expenses include marketing, rent and utilities, office, leases, and other overhead cost. Expenses incurred from non-core business activities, including administrative and general expenses, but excluding costs directly related to production.Operating Income
Operating Income is the amount of profit realized from Fair Oaks Income operations after accounting for operating expenses such as cost of goods sold (COGS), wages and depreciation. Operating income takes the gross income and subtracts other operating expenses and then removes depreciation. Operating Income of Fair Oaks Income is typically a synonym for earnings before interest and taxes (EBIT) and is also commonly referred to as operating profit or recurring profit. Earnings before interest and taxes (EBIT), representing the amount of profit a company generates from its operations.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.