| FATBW Stock | | | USD 2.97 0.01 0.34% |
FAT Brands financial indicator trend analysis is much more than just examining FAT Brands latest accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether FAT Brands is a good investment. Please check the relationship between FAT Brands Non Current Assets Total and its Other Current Assets accounts. Check out
Investing Opportunities to better understand how to build diversified portfolios, which includes a position in FAT Brands. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as
signals in bureau of labor statistics.
For more information on how to buy FAT Stock please use our
How to Invest in FAT Brands guide.
Non Current Assets Total vs Other Current Assets
Non Current Assets Total vs Other Current Assets Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of
FAT Brands Non Current Assets Total account and
Other Current Assets. At this time, the significance of the direction appears to have almost identical trend.
The correlation between FAT Brands' Non Current Assets Total and Other Current Assets is 0.98. Overlapping area represents the amount of variation of Non Current Assets Total that can explain the historical movement of Other Current Assets in the same time period over historical financial statements of FAT Brands, assuming nothing else is changed. The correlation between historical values of FAT Brands' Non Current Assets Total and Other Current 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 Non Current Assets Total of FAT Brands are associated (or correlated) with its Other Current Assets. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Other Current Assets has no effect on the direction of Non Current Assets Total i.e., FAT Brands' Non Current Assets Total and Other Current Assets go up and down completely randomly.
Correlation Coefficient | 0.98 |
| Relationship Direction | Positive |
| Relationship Strength | Very Strong |
Non Current Assets Total
The total value of a company's long-term assets, which are not expected to be converted into cash or used up within one year or the operating cycle, including property, plant, and equipment, and intangible assets.
Other Current Assets
Assets expected to be converted into cash, sold, or consumed either in one year or in the operating cycle, which are not included under standard current asset categories.
Most indicators from FAT Brands' fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into FAT Brands 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 FAT Brands. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as
signals in bureau of labor statistics.
For more information on how to buy FAT Stock please use our
How to Invest in FAT Brands guide.At this time, FAT Brands'
Selling General Administrative is fairly stable compared to the past year.
Tax Provision is likely to climb to about 17.4
M in 2024, whereas
Sales General And Administrative To Revenue is likely to drop 0.25 in 2024.
FAT Brands fundamental ratios Correlations
Click cells to compare fundamentals
FAT Brands Account Relationship Matchups
High Positive Relationship
High Negative Relationship
FAT Brands fundamental ratios Accounts
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Analyzing currently trending equities could be an opportunity to develop a better portfolio based on different market momentums that they can trigger. Utilizing the top trending stocks is also useful when creating a market-neutral strategy or pair trading technique involving a short or a long position in a currently trending equity.
Additional Tools for FAT Stock Analysis
When running FAT Brands' price analysis, check to
measure FAT Brands' 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 FAT Brands is operating at the current time. Most of FAT Brands' value examination focuses on studying past and present price action to
predict the probability of FAT Brands' future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move FAT Brands' price. Additionally, you may evaluate how the addition of FAT Brands to your portfolios can decrease your overall portfolio volatility.