Four Cash And Short Term Investments vs Inventory Analysis

FCPT Stock  USD 29.25  0.08  0.27%   
Four Corners financial indicator trend analysis is much more than just examining Four Corners Property latest accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Four Corners Property is a good investment. Please check the relationship between Four Corners Cash And Short Term Investments and its Inventory accounts. Check out Investing Opportunities to better understand how to build diversified portfolios, which includes a position in Four Corners Property. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in american community survey.

Cash And Short Term Investments vs Inventory

Cash And Short Term Investments vs Inventory Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Four Corners Property Cash And Short Term Investments account and Inventory. At this time, the significance of the direction appears to have weak contrarian relationship.
The correlation between Four Corners' Cash And Short Term Investments and Inventory is -0.02. Overlapping area represents the amount of variation of Cash And Short Term Investments that can explain the historical movement of Inventory in the same time period over historical financial statements of Four Corners Property, assuming nothing else is changed. The correlation between historical values of Four Corners' Cash And Short Term Investments and Inventory is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Cash And Short Term Investments of Four Corners Property are associated (or correlated) with its Inventory. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Inventory has no effect on the direction of Cash And Short Term Investments i.e., Four Corners' Cash And Short Term Investments and Inventory go up and down completely randomly.

Correlation Coefficient

-0.02
Relationship DirectionNegative 
Relationship StrengthInsignificant

Cash And Short Term Investments

Short Term Investments is an account in the current assets section of Four Corners Property balance sheet. This account contains Four Corners investments that will expire within one year. These investments include stocks and bonds that can be liquidated by Four Corners Property 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.

Inventory

Most indicators from Four Corners' fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Four Corners Property 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 Four Corners Property. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in american community survey.
Tax Provision is likely to gain to about 136.5 K in 2024, whereas Selling General Administrative is likely to drop slightly above 13.1 M in 2024.
 2021 2022 2023 2024 (projected)
Gross Profit169.8M187.4M130.9M105.1M
Total Revenue199.4M223.2M250.6M136.6M

Four Corners fundamental ratios Correlations

0.760.310.880.77-0.3-0.210.810.31-0.230.770.680.58-0.230.740.390.670.770.75-0.340.15-0.510.76-0.010.32-0.49
0.760.220.961.00.380.041.00.620.251.00.750.660.251.00.450.741.01.0-0.040.55-0.871.0-0.06-0.05-0.85
0.310.220.280.22-0.170.110.23-0.260.020.24-0.04-0.280.020.210.46-0.310.20.21-0.15-0.41-0.220.20.7-0.19-0.28
0.880.960.280.960.17-0.090.980.520.070.970.750.650.070.950.480.760.960.96-0.150.4-0.780.96-0.010.09-0.76
0.771.00.220.960.360.031.00.610.231.00.760.670.231.00.460.741.01.0-0.060.54-0.861.0-0.07-0.04-0.84
-0.30.38-0.170.170.360.220.320.350.550.360.110.180.550.410.10.150.370.40.40.5-0.520.37-0.17-0.41-0.52
-0.210.040.11-0.090.030.22-0.030.510.860.01-0.22-0.360.860.06-0.21-0.080.010.050.730.48-0.410.070.57-0.36-0.44
0.811.00.230.981.00.32-0.030.570.161.00.750.660.160.990.450.750.990.99-0.080.48-0.840.99-0.070.0-0.82
0.310.62-0.260.520.610.350.510.570.640.590.470.340.640.63-0.040.660.610.620.380.86-0.690.65-0.04-0.27-0.66
-0.230.250.020.070.230.550.860.160.640.210.05-0.081.00.27-0.020.110.220.260.580.73-0.540.270.33-0.54-0.56
0.771.00.240.971.00.360.011.00.590.210.750.660.211.00.460.741.01.0-0.060.52-0.861.0-0.06-0.04-0.85
0.680.75-0.040.750.760.11-0.220.750.470.050.750.880.050.730.460.80.750.74-0.390.54-0.560.75-0.3-0.1-0.53
0.580.66-0.280.650.670.18-0.360.660.34-0.080.660.88-0.080.640.510.750.680.65-0.30.5-0.420.66-0.610.26-0.37
-0.230.250.020.070.230.550.860.160.641.00.210.05-0.080.27-0.020.110.220.260.580.73-0.540.270.33-0.54-0.56
0.741.00.210.951.00.410.060.990.630.271.00.730.640.270.440.741.01.0-0.010.56-0.881.0-0.06-0.07-0.87
0.390.450.460.480.460.1-0.210.45-0.04-0.020.460.460.51-0.020.440.030.460.44-0.18-0.03-0.260.44-0.070.19-0.28
0.670.74-0.310.760.740.15-0.080.750.660.110.740.80.750.110.740.030.740.74-0.110.7-0.650.75-0.330.06-0.6
0.771.00.20.961.00.370.010.990.610.221.00.750.680.221.00.460.741.0-0.070.54-0.841.0-0.11-0.02-0.83
0.751.00.210.961.00.40.050.990.620.261.00.740.650.261.00.440.741.0-0.010.55-0.881.0-0.05-0.06-0.87
-0.34-0.04-0.15-0.15-0.060.40.73-0.080.380.58-0.06-0.39-0.30.58-0.01-0.18-0.11-0.07-0.010.28-0.34-0.030.30.0-0.36
0.150.55-0.410.40.540.50.480.480.860.730.520.540.50.730.56-0.030.70.540.550.28-0.650.57-0.23-0.29-0.62
-0.51-0.87-0.22-0.78-0.86-0.52-0.41-0.84-0.69-0.54-0.86-0.56-0.42-0.54-0.88-0.26-0.65-0.84-0.88-0.34-0.65-0.87-0.210.251.0
0.761.00.20.961.00.370.070.990.650.271.00.750.660.271.00.440.751.01.0-0.030.57-0.87-0.06-0.07-0.86
-0.01-0.060.7-0.01-0.07-0.170.57-0.07-0.040.33-0.06-0.3-0.610.33-0.06-0.07-0.33-0.11-0.050.3-0.23-0.21-0.06-0.36-0.26
0.32-0.05-0.190.09-0.04-0.41-0.360.0-0.27-0.54-0.04-0.10.26-0.54-0.070.190.06-0.02-0.060.0-0.290.25-0.07-0.360.28
-0.49-0.85-0.28-0.76-0.84-0.52-0.44-0.82-0.66-0.56-0.85-0.53-0.37-0.56-0.87-0.28-0.6-0.83-0.87-0.36-0.621.0-0.86-0.260.28
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Four Corners Account Relationship Matchups

Four Corners fundamental ratios Accounts

201920202021202220232024 (projected)
Common Stock Shares Outstanding68.6M71.6M76.8M81.8M88.7M64.7M
Total Assets1.4B1.7B1.9B2.2B2.5B1.4B
Other Current Liab18.3M15.9M21.5M24.2M(18.4M)(17.5M)
Total Current Liabilities34.6M38.2M40.9M47.2M49.7M28.4M
Total Stockholder Equity721.1M841.4M961.7M1.1B1.3B704.9M
Other Liab14.0M27.0M27.3M21.5M24.7M22.6M
Property Plant And Equipment Net3.8M5.4M4.9M4.4M3.9M3.7M
Net Debt669.3M748.9M876.9M974.3M1.1B605.3M
Accounts Payable799K376K550K766K1.3M832.5K
Cash5.1M11.1M6.3M26.3M16.3M25.2M
Non Current Assets Total1.4B1.6B1.9B2.2B2.3B1.3B
Non Currrent Assets Other1.4B1.5B56.1M2.0B2.2B2.3B
Other Assets715K1.5B12.5M1.9B2.2B2.3B
Cash And Short Term Investments5.1M11.1M6.3M26.3M16.3M25.2M
Liabilities And Stockholders Equity1.4B1.7B1.9B2.2B2.5B1.4B
Non Current Liabilities Total684.8M785.5M898.2M1.0B1.1B660.6M
Inventory196K2.9M252K7.8M238K226.1K
Other Current Assets5.1M4.3M4.4M3.4M11.0M11.6M
Other Stockholder Equity647.8M813.8M946.0M1.1B1.3B676.9M
Total Liab719.3M823.7M939.1M1.1B1.2B688.5M
Total Current Assets10.7M19.3M12.3M40.1M107.8M113.2M
Accumulated Other Comprehensive Income(3.5M)(25.7M)(9.8M)30.9M22.0M23.1M
Net Tangible Assets679.2M745.1M857.4M1.0B1.2B661.0M
Retained Earnings38.4M26.7M12.8M576K(26.3M)(25.0M)
Short Term Debt5.0M10M7.5M9K50M39.2M
Property Plant Equipment1.4B1.5B1.7B1.9B2.2B1.3B
Short Long Term Debt Total674.9M782.6M892.6M1.0B1.1B789.1M
Current Deferred Revenue10.5M11.9M11.3M11.7M14.3M10.5M
Long Term Debt669.9M772.6M885.1M995.5M1.1B782.0M
Net Receivables380K1.0M1.3M2.7M3.0M3.1M
Retained Earnings Total Equity38.4M26.7M12.8M576K518.4K492.5K
Short Term Investments1.5M762K2.6M35.3M21.0M22.0M
Long Term Debt Total669.9M772.6M885.1M995.5M1.1B726.8M
Capital Surpluse686.2M840.5M958.7M1.1B1.3B767.0M
Long Term Investments1.5M3.5M2.6M42.8M49.2M51.7M

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