Fundamental Total Current Liabilities vs Property Plant And Equipment Net Analysis

FGF Stock  USD 31.96  0.94  3.03%   
Fundamental Global financial indicator trend analysis is much more than just examining Fundamental Global latest accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Fundamental Global is a good investment. Please check the relationship between Fundamental Global Total Current Liabilities and its Property Plant And Equipment Net accounts. Check out Investing Opportunities to better understand how to build diversified portfolios, which includes a position in Fundamental Global. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in price.

Total Current Liabilities vs Property Plant And Equipment Net

Total Current Liabilities vs Property Plant And Equipment Net Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Fundamental Global Total Current Liabilities account and Property Plant And Equipment Net. At this time, the significance of the direction appears to have weak contrarian relationship.
The correlation between Fundamental Global's Total Current Liabilities and Property Plant And Equipment Net is -0.11. Overlapping area represents the amount of variation of Total Current Liabilities that can explain the historical movement of Property Plant And Equipment Net in the same time period over historical financial statements of Fundamental Global, assuming nothing else is changed. The correlation between historical values of Fundamental Global's Total Current Liabilities and Property Plant And Equipment Net is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Total Current Liabilities of Fundamental Global are associated (or correlated) with its Property Plant And Equipment Net. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Property Plant And Equipment Net has no effect on the direction of Total Current Liabilities i.e., Fundamental Global's Total Current Liabilities and Property Plant And Equipment Net go up and down completely randomly.

Correlation Coefficient

-0.11
Relationship DirectionNegative 
Relationship StrengthInsignificant

Total Current Liabilities

Total Current Liabilities is an item on Fundamental Global balance sheet that include short term debt, accounts payable, accrued salaries payable, payroll taxes payable, accrued liabilities and other debts. Total Current Liabilities of Fundamental Global are important to investors because some useful performance ratios such as Current Ratio and Quick Ratio require Total Current Liabilities to be accurate. The total amount of liabilities that a company is expected to pay within one year, including debts, accounts payable, and other short-term financial obligations.

Property Plant And Equipment Net

The total value of a company's physical assets (such as land, buildings, and equipment) used in operations, net of depreciation. It reflects the company's investment in assets used for production.
Most indicators from Fundamental Global's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Fundamental Global 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 Fundamental Global. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in price.
At this time, Fundamental Global's Sales General And Administrative To Revenue is most likely to slightly decrease in the upcoming years. The Fundamental Global's current Enterprise Value is estimated to increase to about 953.7 M, while Selling General Administrative is projected to decrease to roughly 7.4 M.
 2010 2023 2024 (projected)
Net Interest Income1.9M1.7M1.5M
Reconciled Depreciation73K142.6K108.4K

Fundamental Global fundamental ratios Correlations

-0.280.650.85-0.560.130.870.560.55-0.860.670.550.590.48-0.020.70.910.8-0.16-0.110.190.110.020.630.280.09
-0.28-0.15-0.150.47-0.49-0.58-0.53-0.040.47-0.32-0.530.27-0.740.59-0.07-0.38-0.380.0-0.79-0.390.440.480.040.48-0.45
0.65-0.150.44-0.260.180.690.250.9-0.790.040.250.220.27-0.190.210.690.39-0.110.13-0.330.28-0.120.960.02-0.24
0.85-0.150.44-0.49-0.070.560.570.5-0.580.460.560.390.590.280.910.550.770.23-0.15-0.10.390.120.460.4-0.28
-0.560.47-0.26-0.49-0.62-0.61-0.98-0.120.47-0.31-0.980.14-0.480.56-0.3-0.53-0.860.17-0.31-0.340.40.46-0.140.43-0.29
0.13-0.490.18-0.07-0.620.430.550.17-0.37-0.050.55-0.360.08-0.9-0.410.320.27-0.260.530.39-0.7-0.70.12-0.80.48
0.87-0.580.690.56-0.610.430.580.51-0.950.620.570.390.47-0.430.360.950.68-0.270.230.36-0.19-0.270.6-0.080.35
0.56-0.530.250.57-0.980.550.580.16-0.450.261.0-0.210.62-0.480.40.460.870.00.380.23-0.29-0.460.13-0.410.16
0.55-0.040.90.5-0.120.170.510.16-0.7-0.140.160.120.24-0.070.220.490.240.20.1-0.520.42-0.150.950.03-0.48
-0.860.47-0.79-0.580.47-0.37-0.95-0.45-0.7-0.51-0.45-0.4-0.420.36-0.35-0.91-0.550.13-0.19-0.180.040.27-0.740.06-0.16
0.67-0.320.040.46-0.31-0.050.620.26-0.14-0.510.260.720.260.030.540.690.48-0.3-0.160.72-0.150.20.00.360.56
0.55-0.530.250.56-0.980.550.571.00.16-0.450.26-0.210.62-0.480.40.460.87-0.010.380.23-0.3-0.460.13-0.410.17
0.590.270.220.390.14-0.360.39-0.210.12-0.40.72-0.21-0.180.440.450.590.19-0.38-0.670.320.210.540.30.740.2
0.48-0.740.270.59-0.480.080.470.620.24-0.420.260.62-0.18-0.090.580.330.630.310.54-0.050.09-0.190.13-0.09-0.08
-0.020.59-0.190.280.56-0.9-0.43-0.48-0.070.360.03-0.480.44-0.090.52-0.29-0.150.25-0.67-0.420.730.78-0.070.89-0.55
0.7-0.070.210.91-0.3-0.410.360.40.22-0.350.540.40.450.580.520.380.670.26-0.23-0.080.520.370.210.59-0.29
0.91-0.380.690.55-0.530.320.950.460.49-0.910.690.460.590.33-0.290.380.66-0.430.010.4-0.13-0.070.620.090.37
0.8-0.380.390.77-0.860.270.680.870.24-0.550.480.870.190.63-0.150.670.66-0.20.070.22-0.08-0.070.290.020.14
-0.160.0-0.110.230.17-0.26-0.270.00.20.13-0.3-0.01-0.380.310.250.26-0.43-0.20.2-0.560.47-0.25-0.01-0.02-0.67
-0.11-0.790.13-0.15-0.310.530.230.380.1-0.19-0.160.38-0.670.54-0.67-0.230.010.070.20.06-0.25-0.51-0.02-0.730.18
0.19-0.39-0.33-0.1-0.340.390.360.23-0.52-0.180.720.230.32-0.05-0.42-0.080.40.22-0.560.06-0.7-0.1-0.4-0.160.93
0.110.440.280.390.4-0.7-0.19-0.290.420.04-0.15-0.30.210.090.730.52-0.13-0.080.47-0.25-0.70.60.370.64-0.8
0.020.48-0.120.120.46-0.7-0.27-0.46-0.150.270.2-0.460.54-0.190.780.37-0.07-0.07-0.25-0.51-0.10.6-0.070.81-0.16
0.630.040.960.46-0.140.120.60.130.95-0.740.00.130.30.13-0.070.210.620.29-0.01-0.02-0.40.37-0.070.11-0.33
0.280.480.020.40.43-0.8-0.08-0.410.030.060.36-0.410.74-0.090.890.590.090.02-0.02-0.73-0.160.640.810.11-0.31
0.09-0.45-0.24-0.28-0.290.480.350.16-0.48-0.160.560.170.2-0.08-0.55-0.290.370.14-0.670.180.93-0.8-0.16-0.33-0.31
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Fundamental Global Account Relationship Matchups

Fundamental Global fundamental ratios Accounts

201920202021202220232024 (projected)
Total Assets63.5M34.7M40.8M49.5M65.7M73.1M
Other Current Liab(400K)(1.7M)(502K)(4.9M)9.0M9.5M
Total Current Liabilities400K455K502K723K206K195.7K
Total Stockholder Equity62.9M34.2M34.0M37.3M42.5M44.0M
Net Debt(18.8M)(3.9M)(8.8M)5.5M(2.4M)(2.5M)
Retained Earnings(336K)(24.2M)(34.4M)(35.1M)(33.1M)(31.5M)
Accounts Payable400K455K502K723K206K195.7K
Cash28.5M12.1M15.5M3.0M2.4M2.3M
Non Current Assets Total33.5M17.9M1.4M841K4.6M4.3M
Non Currrent Assets Other(12.0M)(17.9M)(786K)(841K)(4.6M)(4.8M)
Other Assets142K3.0M20.0M20.8M37.2M25.2M
Cash And Short Term Investments28.5M12.1M15.5M3.0M2.4M2.3M
Net Receivables1.3M1.7M3.9M9.3M21.6M22.6M
Common Stock Shares Outstanding6.2M5.9M5.2M8.0M399.7K379.7K
Short Term Investments417K474K14.0M24.8M26.3M27.6M
Liabilities And Stockholders Equity63.5M34.7M40.8M49.5M65.7M73.1M
Other Stockholder Equity50.2M40.9M46.0M50.0M53.3M44.8M
Total Liab539K455K502K12.2M23.2M20.7M
Total Current Assets29.8M13.9M19.4M27.8M24.0M25.3M
Property Plant And Equipment Net11.3M9.8M10.2M56K39K37.1K
Non Current Liabilities Total106K57.0K6.3M11.5M23.0M16.8M
Accumulated Other Comprehensive Income(4.5M)(3.9M)(3.7M)(5.3M)(22.4M)(21.2M)
Other Current Assets29.8M13.9M15.5M3.0M24.0M22.6M
Other Liab139K57K2.7M4.6M4.1M3.5M
Net Tangible Assets45.2M45.4M16.7M11.6M10.5M10.0M
Net Invested Capital45.4M16.7M11.6M14.9M20.1M23.0M
Long Term Investments33.5M17.9M15.5M841K4.6M4.3M
Short Long Term Debt Total9.7M8.2M6.7M8.5M56K53.2K

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Other Information on Investing in Fundamental Stock

Balance Sheet is a snapshot of the financial position of Fundamental Global at a specified time, usually calculated after every quarter, six months, or one year. Fundamental Global Balance Sheet has two main parts: assets and liabilities. Liabilities are the debts or obligations of Fundamental Global and are divided into current liabilities and long term liabilities. An asset, on the other hand, is anything of value that can be converted into cash and which Fundamental currently owns. An asset can also be divided into two categories, current and non-current.