Faraday Net Tangible Assets vs Accounts Payable Analysis

FFIE Stock  USD 1.42  0.09  5.96%   
Faraday Future financial indicator trend analysis is much more than just examining Faraday Future Intel latest accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Faraday Future Intel is a good investment. Please check the relationship between Faraday Future Net Tangible Assets and its Accounts Payable accounts. Check out Investing Opportunities to better understand how to build diversified portfolios, which includes a position in Faraday Future Intelligent. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in gross domestic product.

Net Tangible Assets vs Accounts Payable

Net Tangible Assets vs Accounts Payable Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Faraday Future Intel Net Tangible Assets account and Accounts Payable. At this time, the significance of the direction appears to have very week relationship.
The correlation between Faraday Future's Net Tangible Assets and Accounts Payable is 0.27. Overlapping area represents the amount of variation of Net Tangible Assets that can explain the historical movement of Accounts Payable in the same time period over historical financial statements of Faraday Future Intelligent, assuming nothing else is changed. The correlation between historical values of Faraday Future's Net Tangible Assets and Accounts Payable is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Net Tangible Assets of Faraday Future Intelligent are associated (or correlated) with its Accounts Payable. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Accounts Payable has no effect on the direction of Net Tangible Assets i.e., Faraday Future's Net Tangible Assets and Accounts Payable go up and down completely randomly.

Correlation Coefficient

0.27
Relationship DirectionPositive 
Relationship StrengthVery Weak

Net Tangible Assets

The total assets of a company minus any intangible assets such as patents, copyrights, and goodwill; it represents the physical assets of a company.

Accounts Payable

An accounting item on the balance sheet that represents Faraday Future 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 Faraday Future Intel 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.
Most indicators from Faraday Future's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Faraday Future Intel 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 Faraday Future Intelligent. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in gross domestic product.
At present, Faraday Future's Tax Provision is projected to increase significantly based on the last few years of reporting. The current year's Enterprise Value is expected to grow to about 168.7 M, whereas Sales General And Administrative To Revenue is forecasted to decline to 84.58.
 2021 2022 2023 2024 (projected)
Tax Provision240K61K109K113.6K
Income Tax Expense240K61K109K91.5K

Faraday Future fundamental ratios Correlations

-0.78-0.78-0.830.95-0.20.770.4-0.98-0.63-0.320.850.420.670.660.850.560.46-0.250.960.8-0.830.95-0.770.37-0.36
-0.780.860.99-0.93-0.29-0.75-0.860.860.87-0.2-0.38-0.86-0.56-0.65-0.38-0.49-0.630.01-0.66-0.90.99-0.551.0-0.810.49
-0.780.860.91-0.91-0.24-0.68-0.740.790.92-0.14-0.36-0.74-0.45-0.6-0.36-0.11-0.20.49-0.76-0.810.92-0.590.85-0.720.78
-0.830.990.91-0.96-0.28-0.74-0.810.90.87-0.11-0.46-0.81-0.52-0.63-0.46-0.46-0.540.11-0.74-0.891.0-0.620.99-0.780.52
0.95-0.93-0.91-0.960.050.80.66-0.97-0.82-0.070.640.670.630.680.640.490.5-0.230.880.89-0.960.8-0.920.62-0.52
-0.2-0.29-0.24-0.280.05-0.330.440.06-0.180.28-0.410.42-0.59-0.38-0.41-0.04-0.120.22-0.2-0.03-0.28-0.37-0.290.5-0.08
0.77-0.75-0.68-0.740.8-0.330.66-0.76-0.80.270.450.680.940.980.450.290.65-0.250.670.95-0.750.61-0.760.62-0.5
0.4-0.86-0.74-0.810.660.440.66-0.51-0.90.66-0.111.00.440.62-0.110.110.54-0.030.270.81-0.810.09-0.860.96-0.6
-0.980.860.790.9-0.970.06-0.76-0.510.670.26-0.79-0.52-0.64-0.63-0.79-0.65-0.550.11-0.91-0.820.9-0.890.86-0.460.33
-0.630.870.920.87-0.82-0.18-0.8-0.90.67-0.47-0.13-0.9-0.6-0.75-0.13-0.04-0.390.37-0.55-0.890.87-0.380.86-0.840.83
-0.32-0.2-0.14-0.11-0.070.280.270.660.26-0.47-0.720.660.170.36-0.72-0.460.19-0.04-0.40.3-0.11-0.58-0.20.66-0.43
0.85-0.38-0.36-0.460.64-0.410.45-0.11-0.79-0.13-0.72-0.10.460.361.00.660.3-0.10.860.42-0.460.96-0.38-0.110.1
0.42-0.86-0.74-0.810.670.420.681.0-0.52-0.90.66-0.10.470.64-0.10.120.55-0.030.280.82-0.810.1-0.870.96-0.6
0.67-0.56-0.45-0.520.63-0.590.940.44-0.64-0.60.170.460.470.930.460.330.7-0.140.540.8-0.530.57-0.560.35-0.35
0.66-0.65-0.6-0.630.68-0.380.980.62-0.63-0.750.360.360.640.930.360.140.58-0.310.590.91-0.640.5-0.650.6-0.5
0.85-0.38-0.36-0.460.64-0.410.45-0.11-0.79-0.13-0.721.0-0.10.460.360.660.3-0.10.860.42-0.460.96-0.38-0.110.1
0.56-0.49-0.11-0.460.49-0.040.290.11-0.65-0.04-0.460.660.120.330.140.660.740.630.410.33-0.440.58-0.50.030.41
0.46-0.63-0.2-0.540.5-0.120.650.54-0.55-0.390.190.30.550.70.580.30.740.570.230.64-0.520.31-0.650.420.11
-0.250.010.490.11-0.230.22-0.25-0.030.110.37-0.04-0.1-0.03-0.14-0.31-0.10.630.57-0.43-0.20.14-0.26-0.02-0.10.71
0.96-0.66-0.76-0.740.88-0.20.670.27-0.91-0.55-0.40.860.280.540.590.860.410.23-0.430.71-0.750.95-0.650.3-0.35
0.8-0.9-0.81-0.890.89-0.030.950.81-0.82-0.890.30.420.820.80.910.420.330.64-0.20.71-0.90.58-0.90.79-0.53
-0.830.990.921.0-0.96-0.28-0.75-0.810.90.87-0.11-0.46-0.81-0.53-0.64-0.46-0.44-0.520.14-0.75-0.9-0.630.98-0.780.53
0.95-0.55-0.59-0.620.8-0.370.610.09-0.89-0.38-0.580.960.10.570.50.960.580.31-0.260.950.58-0.63-0.540.07-0.18
-0.771.00.850.99-0.92-0.29-0.76-0.860.860.86-0.2-0.38-0.87-0.56-0.65-0.38-0.5-0.65-0.02-0.65-0.90.98-0.54-0.810.47
0.37-0.81-0.72-0.780.620.50.620.96-0.46-0.840.66-0.110.960.350.6-0.110.030.42-0.10.30.79-0.780.07-0.81-0.54
-0.360.490.780.52-0.52-0.08-0.5-0.60.330.83-0.430.1-0.6-0.35-0.50.10.410.110.71-0.35-0.530.53-0.180.47-0.54
Click cells to compare fundamentals

Faraday Future Account Relationship Matchups

Also Currently Popular

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.
When determining whether Faraday Future Intel is a strong investment it is important to analyze Faraday Future's competitive position within its industry, examining market share, product or service uniqueness, and competitive advantages. Beyond financials and market position, potential investors should also consider broader economic conditions, industry trends, and any regulatory or geopolitical factors that may impact Faraday Future's future performance. For an informed investment choice regarding Faraday Stock, refer to the following important reports:
Check out Investing Opportunities to better understand how to build diversified portfolios, which includes a position in Faraday Future Intelligent. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in gross domestic product.
You can also try the Sync Your Broker module to sync your existing holdings, watchlists, positions or portfolios from thousands of online brokerage services, banks, investment account aggregators and robo-advisors..
Is Automobile Manufacturers 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 Faraday Future. If investors know Faraday 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 Faraday Future listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Earnings Share
974.08
Revenue Per Share
0.378
Return On Assets
(0.27)
Return On Equity
(1.50)
The market value of Faraday Future Intel is measured differently than its book value, which is the value of Faraday that is recorded on the company's balance sheet. Investors also form their own opinion of Faraday Future's value that differs from its market value or its book value, called intrinsic value, which is Faraday Future's 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 Faraday Future's market value can be influenced by many factors that don't directly affect Faraday Future's 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 Faraday Future's value and its price as these two are different measures arrived at by different means. Investors typically determine if Faraday Future is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Faraday Future's 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.