| FCRX Stock | | | USD 24.60 0.38 1.57% |
First Eagle financial indicator trend analysis is much more than just examining First Eagle Alternative latest accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether First Eagle Alternative is a good investment. Please check the relationship between First Eagle Accounts Payable and its Total Stockholder Equity accounts. Check out
Investing Opportunities to better understand how to build diversified portfolios, which includes a position in First Eagle Alternative. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as
signals in metropolitan statistical area.
Accounts Payable vs Total Stockholder Equity
Accounts Payable vs Total Stockholder Equity Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of
First Eagle Alternative Accounts Payable account and
Total Stockholder Equity. At this time, the significance of the direction appears to have weak contrarian relationship.
The correlation between First Eagle's Accounts Payable and Total Stockholder Equity is -0.09. Overlapping area represents the amount of variation of Accounts Payable that can explain the historical movement of Total Stockholder Equity in the same time period over historical financial statements of First Eagle Alternative, assuming nothing else is changed. The correlation between historical values of First Eagle's Accounts Payable and Total Stockholder Equity is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Accounts Payable of First Eagle Alternative are associated (or correlated) with its Total Stockholder Equity. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Total Stockholder Equity has no effect on the direction of Accounts Payable i.e., First Eagle's Accounts Payable and Total Stockholder Equity go up and down completely randomly.
Correlation Coefficient | -0.09 |
| Relationship Direction | Negative |
| Relationship Strength | Insignificant |
Accounts Payable
An accounting item on the balance sheet that represents First Eagle obligation to pay off a short-term debt to its creditors. The accounts payable entry is usually reported under current liabilities. If accounts payable of First Eagle Alternative are not paid within the agreed terms, the payables are considered to be in default, which may trigger a penalty or interest payment, or the revocation of additional credit from the supplier. Accounts payable may also be considered a source of cash, since they represent funds being borrowed from suppliers. Given these cash flow considerations, suppliers have a natural inclination to push for shorter payment terms, while creditors want to lengthen the payment terms. The amount a company owes to suppliers or vendors for products or services received but not yet paid for. It represents the company's short-term liabilities.
Total Stockholder Equity
The total equity held by shareholders, calculated as the difference between a company's total assets and total liabilities. It represents the net value of the company owned by shareholders.
Most indicators from First Eagle's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into First Eagle Alternative 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 First Eagle Alternative. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as
signals in metropolitan statistical area.
At this time, First Eagle's
Enterprise Value Over EBITDA is fairly stable compared to the past year.
Enterprise Value Multiple is likely to rise to 933.72 in 2024, whereas
Selling General Administrative is likely to drop slightly above 39.5
M in 2024.
First Eagle fundamental ratios Correlations
Click cells to compare fundamentals
First Eagle Account Relationship Matchups
High Positive Relationship
High Negative Relationship
First Eagle fundamental ratios Accounts
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measure First Eagle's 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 First Eagle is operating at the current time. Most of First Eagle's value examination focuses on studying past and present price action to
predict the probability of First Eagle's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move First Eagle's price. Additionally, you may evaluate how the addition of First Eagle to your portfolios can decrease your overall portfolio volatility.