Fenbo Retained Earnings vs Non Current Assets Total Analysis

FEBO Stock

2.03 0.10 4.69%

Fenbo Holdings financial indicator trend analysis is much more than just examining Fenbo Holdings latest accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Fenbo Holdings is a good investment. Please check the relationship between Fenbo Holdings Retained Earnings and its Non Current Assets Total accounts. Check out Investing Opportunities to better understand how to build diversified portfolios, which includes a position in Fenbo Holdings Limited. 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.

Retained Earnings vs Non Current Assets Total

Retained Earnings vs Non Current Assets Total Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Fenbo Holdings Retained Earnings account and Non Current Assets Total. At this time, the significance of the direction appears to have totally related.

The correlation between Fenbo Holdings' Retained Earnings and Non Current Assets Total is 1.0. Overlapping area represents the amount of variation of Retained Earnings that can explain the historical movement of Non Current Assets Total in the same time period over historical financial statements of Fenbo Holdings Limited, assuming nothing else is changed. The correlation between historical values of Fenbo Holdings' Retained Earnings and Non Current Assets Total is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Retained Earnings of Fenbo Holdings Limited are associated (or correlated) with its Non Current Assets Total. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Non Current Assets Total has no effect on the direction of Retained Earnings i.e., Fenbo Holdings' Retained Earnings and Non Current Assets Total go up and down completely randomly.

Correlation Coefficient

1.0

Relationship Direction	Positive
Relationship Strength	Very Strong

View All Relationships

Retained Earnings

The cumulative amount of net income that a company retains for reinvestment in its operations, rather than distributing it to shareholders as dividends.

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.

Most indicators from Fenbo Holdings' fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Fenbo Holdings 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 Fenbo Holdings Limited. 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.

As of the 22nd of November 2024, Tax Provision is likely to drop to about 124.5 K. In addition to that, Selling General Administrative is likely to drop to about 17.4 M

	2021	2022	2023	2024 (projected)
Depreciation And Amortization	782.1K	710.6K	5.9M	3.5M
Interest Income	17K	20K	84K	88.2K

Depreciation And Amortization Interest Income

Fenbo Holdings fundamental ratios Correlations

	Total Assets	Short Long Term Debt Total	Other Current Liab	Total Current Liabilities	Total Stockholder Equity	Property Plant And Equipment Net	Net Debt	Retained Earnings	Accounts Payable	Cash	Non Current Assets Total	Non Currrent Assets Other	Cash And Short Term Investments	Net Receivables	Common Stock Shares Outstanding	Non Current Liabilities Total	Capital Lease Obligations	Inventory	Other Current Assets	Total Liab	Net Invested Capital	Property Plant And Equipment Gross	Short Long Term Debt	Total Current Assets	Capital Stock	Net Working Capital
Total Assets		0.97	0.29	1.0	0.19	1.0	0.99	1.0	0.96	0.2	1.0	-0.01	0.2	0.93	-0.83	1.0	0.9	0.91	0.61	1.0	-0.29	0.9	0.98	1.0	-0.64	-0.5
Short Long Term Debt Total	0.97		0.06	0.97	0.4	0.96	0.94	0.97	0.95	0.41	0.96	-0.14	0.41	0.94	-0.86	0.96	0.79	0.98	0.41	0.97	-0.06	0.8	0.9	0.98	-0.45	-0.29
Other Current Liab	0.29	0.06		0.3	-0.88	0.33	0.4	0.3	0.26	-0.75	0.33	0.53	-0.75	0.12	-0.15	0.33	0.62	-0.08	0.93	0.31	-0.93	0.53	0.49	0.23	-0.92	-0.87
Total Current Liabilities	1.0	0.97	0.3		0.18	1.0	0.99	1.0	0.96	0.18	1.0	0.0	0.18	0.93	-0.83	1.0	0.91	0.91	0.62	1.0	-0.3	0.9	0.98	1.0	-0.65	-0.52
Total Stockholder Equity	0.19	0.4	-0.88	0.18		0.15	0.07	0.17	0.19	0.83	0.15	-0.56	0.83	0.32	-0.22	0.15	-0.19	0.51	-0.66	0.17	0.8	-0.1	-0.03	0.25	0.63	0.62
Property Plant And Equipment Net	1.0	0.96	0.33	1.0	0.15		1.0	1.0	0.96	0.16	1.0	0.01	0.16	0.92	-0.82	1.0	0.92	0.9	0.64	1.0	-0.33	0.91	0.98	0.99	-0.67	-0.53
Net Debt	0.99	0.94	0.4	0.99	0.07	1.0		0.99	0.95	0.09	1.0	0.05	0.09	0.9	-0.81	1.0	0.94	0.86	0.7	1.0	-0.39	0.93	0.99	0.98	-0.73	-0.59
Retained Earnings	1.0	0.97	0.3	1.0	0.17	1.0	0.99		0.96	0.18	1.0	0.01	0.18	0.93	-0.83	1.0	0.91	0.91	0.62	1.0	-0.31	0.9	0.98	1.0	-0.66	-0.52
Accounts Payable	0.96	0.95	0.26	0.96	0.19	0.96	0.95	0.96		0.22	0.96	-0.22	0.22	0.82	-0.88	0.96	0.91	0.92	0.55	0.96	-0.2	0.91	0.94	0.95	-0.61	-0.4
Cash	0.2	0.41	-0.75	0.18	0.83	0.16	0.09	0.18	0.22		0.16	-0.29	1.0	0.41	-0.49	0.15	-0.18	0.56	-0.53	0.18	0.84	-0.19	0.04	0.21	0.49	0.73
Non Current Assets Total	1.0	0.96	0.33	1.0	0.15	1.0	1.0	1.0	0.96	0.16		0.01	0.16	0.92	-0.82	1.0	0.92	0.9	0.64	1.0	-0.33	0.91	0.98	0.99	-0.67	-0.54
Non Currrent Assets Other	-0.01	-0.14	0.53	0.0	-0.56	0.01	0.05	0.01	-0.22	-0.29	0.01		-0.29	0.18	0.05	0.0	0.03	-0.22	0.51	0.0	-0.55	-0.1	0.12	-0.04	-0.44	-0.43
Cash And Short Term Investments	0.2	0.41	-0.75	0.18	0.83	0.16	0.09	0.18	0.22	1.0	0.16	-0.29		0.41	-0.49	0.15	-0.18	0.56	-0.53	0.18	0.84	-0.19	0.04	0.21	0.49	0.73
Net Receivables	0.93	0.94	0.12	0.93	0.32	0.92	0.9	0.93	0.82	0.41	0.92	0.18	0.41		-0.83	0.92	0.71	0.91	0.47	0.92	-0.13	0.68	0.88	0.93	-0.49	-0.33
Common Stock Shares Outstanding	-0.83	-0.86	-0.15	-0.83	-0.22	-0.82	-0.81	-0.83	-0.88	-0.49	-0.82	0.05	-0.49	-0.83		-0.82	-0.72	-0.9	-0.43	-0.83	-0.03	-0.64	-0.82	-0.8	0.49	0.12
Non Current Liabilities Total	1.0	0.96	0.33	1.0	0.15	1.0	1.0	1.0	0.96	0.15	1.0	0.0	0.15	0.92	-0.82		0.92	0.9	0.64	1.0	-0.33	0.92	0.98	0.99	-0.67	-0.54
Capital Lease Obligations	0.9	0.79	0.62	0.91	-0.19	0.92	0.94	0.91	0.91	-0.18	0.92	0.03	-0.18	0.71	-0.72	0.92		0.7	0.83	0.91	-0.58	0.98	0.96	0.88	-0.86	-0.73
Inventory	0.91	0.98	-0.08	0.91	0.51	0.9	0.86	0.91	0.92	0.56	0.9	-0.22	0.56	0.91	-0.9	0.9	0.7		0.27	0.91	0.12	0.7	0.82	0.92	-0.32	-0.11
Other Current Assets	0.61	0.41	0.93	0.62	-0.66	0.64	0.7	0.62	0.55	-0.53	0.64	0.51	-0.53	0.47	-0.43	0.64	0.83	0.27		0.63	-0.89	0.75	0.76	0.56	-0.99	-0.91
Total Liab	1.0	0.97	0.31	1.0	0.17	1.0	1.0	1.0	0.96	0.18	1.0	0.0	0.18	0.92	-0.83	1.0	0.91	0.91	0.63		-0.31	0.91	0.98	0.99	-0.66	-0.52
Net Invested Capital	-0.29	-0.06	-0.93	-0.3	0.8	-0.33	-0.39	-0.31	-0.2	0.84	-0.33	-0.55	0.84	-0.13	-0.03	-0.33	-0.58	0.12	-0.89	-0.31		-0.54	-0.46	-0.26	0.85	0.96
Property Plant And Equipment Gross	0.9	0.8	0.53	0.9	-0.1	0.91	0.93	0.9	0.91	-0.19	0.91	-0.1	-0.19	0.68	-0.64	0.92	0.98	0.7	0.75	0.91	-0.54		0.93	0.89	-0.78	-0.72
Short Long Term Debt	0.98	0.9	0.49	0.98	-0.03	0.98	0.99	0.98	0.94	0.04	0.98	0.12	0.04	0.88	-0.82	0.98	0.96	0.82	0.76	0.98	-0.46	0.93		0.96	-0.79	-0.63
Total Current Assets	1.0	0.98	0.23	1.0	0.25	0.99	0.98	1.0	0.95	0.21	0.99	-0.04	0.21	0.93	-0.8	0.99	0.88	0.92	0.56	0.99	-0.26	0.89	0.96		-0.59	-0.49
Capital Stock	-0.64	-0.45	-0.92	-0.65	0.63	-0.67	-0.73	-0.66	-0.61	0.49	-0.67	-0.44	0.49	-0.49	0.49	-0.67	-0.86	-0.32	-0.99	-0.66	0.85	-0.78	-0.79	-0.59		0.88
Net Working Capital	-0.5	-0.29	-0.87	-0.52	0.62	-0.53	-0.59	-0.52	-0.4	0.73	-0.54	-0.43	0.73	-0.33	0.12	-0.54	-0.73	-0.11	-0.91	-0.52	0.96	-0.72	-0.63	-0.49	0.88

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Fenbo Holdings Account Relationship Matchups

Pair Trading with Fenbo Holdings

One of the main advantages of trading using pair correlations is that every trade hedges away some risk. Because there are two separate transactions required, even if Fenbo Holdings position performs unexpectedly, the other equity can make up some of the losses. Pair trading also minimizes risk from directional movements in the market. For example, if an entire industry or sector drops because of unexpected headlines, the short position in Fenbo Holdings will appreciate offsetting losses from the drop in the long position's value.

Moving against Fenbo Stock

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0.82	RL	Ralph Lauren Corp	Pair Corr
0.81	DOGZ	Dogness International	Pair Corr
0.8	GIL	Gildan Activewear	Pair Corr

The ability to find closely correlated positions to Fenbo Holdings could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Fenbo Holdings when you sell it. If you don't do this, your portfolio allocation will be skewed against your target asset allocation. So, investors can't just sell and buy back Fenbo Holdings - that would be a violation of the tax code under the "wash sale" rule, and this is why you need to find a similar enough asset and use the proceeds from selling Fenbo Holdings Limited to buy it.

The correlation of Fenbo Holdings is a statistical measure of how it moves in relation to other instruments. This measure is expressed in what is known as the correlation coefficient, which ranges between -1 and +1. A perfect positive correlation (i.e., a correlation coefficient of +1) implies that as Fenbo Holdings moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Fenbo Holdings moves in either direction, the perfectly negatively correlated security will move in the opposite direction. If the correlation is 0, the equities are not correlated; they are entirely random. A correlation greater than 0.8 is generally described as strong, whereas a correlation less than 0.5 is generally considered weak.

Correlation analysis and pair trading evaluation for Fenbo Holdings can also be used as hedging techniques within a particular sector or industry or even over random equities to generate a better risk-adjusted return on your portfolios.

Pair Correlation Correlation Matching

When determining whether Fenbo Holdings offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of Fenbo Holdings' financial statements, including income statements, balance sheets, and cash flow statements, to assess its financial health. Key financial ratios are used to gauge profitability, efficiency, and growth potential of Fenbo Holdings Limited Stock. Outlined below are crucial reports that will aid in making a well-informed decision on Fenbo Holdings Limited Stock:

How To Invest In Fenbo

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Is Fenbo Stock a good investment?

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What is Fenbo Holdings' Net Worth?

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Largest Consumer Durables & Apparel Companies

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Check out Investing Opportunities to better understand how to build diversified portfolios, which includes a position in Fenbo Holdings Limited. 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.

You can also try the Investing Opportunities module to build portfolios using our predefined set of ideas and optimize them against your investing preferences.

Is Household Appliances space expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of Fenbo Holdings. If investors know Fenbo will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about Fenbo Holdings listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.

Earnings Share

(0.04)

Revenue Per Share

12.006

Quarterly Revenue Growth

0.142

Return On Assets

(0.02)

Return On Equity

(0.08)

The market value of Fenbo Holdings is measured differently than its book value, which is the value of Fenbo that is recorded on the company's balance sheet. Investors also form their own opinion of Fenbo Holdings' value that differs from its market value or its book value, called intrinsic value, which is Fenbo Holdings' true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because Fenbo Holdings' market value can be influenced by many factors that don't directly affect Fenbo Holdings' underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.

Please note, there is a significant difference between Fenbo Holdings' value and its price as these two are different measures arrived at by different means. Investors typically determine if Fenbo Holdings is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Fenbo Holdings' price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.

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Fenbo Retained Earnings vs Non Current Assets Total Analysis

Retained Earnings vs Non Current Assets Total

Retained Earnings vs Non Current Assets Total Correlation Analysis

Correlation Coefficient

Retained Earnings

Non Current Assets Total

Fenbo Holdings fundamental ratios Correlations

Fenbo Holdings Account Relationship Matchups

High Positive Relationship

High Negative Relationship

Pair Trading with Fenbo Holdings

Moving against Fenbo Stock

COMMON DESTINATIONS

MAIN CATEGORIES

COMPANY

Total Current Liabilities	+ 1.0	Total Assets
Property Plant And Equipment Net	+ 1.0	Total Assets
Retained Earnings	+ 1.0	Total Assets
Non Current Assets Total	+ 1.0	Total Assets
Non Current Liabilities Total	+ 1.0	Total Assets
Total Liab	+ 1.0	Total Assets

Capital Stock	- 0.99	Other Current Assets
Net Invested Capital	- 0.93	Other Current Liab
Capital Stock	- 0.92	Other Current Liab
Net Working Capital	- 0.91	Other Current Assets
Inventory	- 0.9	Common Stock Shares Outstanding
Net Invested Capital	- 0.89	Other Current Assets