Future Inventory vs Total Stockholder Equity Analysis

FGG Stock

1.39 0.01 0.71%

Future Generation financial indicator trend analysis is much more than just examining Future Generation Global latest accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Future Generation Global is a good investment. Please check the relationship between Future Generation Inventory and its Total Stockholder Equity accounts. Check out Investing Opportunities to better understand how to build diversified portfolios, which includes a position in Future Generation 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 board of governors.

Inventory vs Total Stockholder Equity

Inventory vs Total Stockholder Equity Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Future Generation Global Inventory account and Total Stockholder Equity. At this time, the significance of the direction appears to have strong contrarian relationship.

The correlation between Future Generation's Inventory and Total Stockholder Equity is -0.67. Overlapping area represents the amount of variation of Inventory that can explain the historical movement of Total Stockholder Equity in the same time period over historical financial statements of Future Generation Global, assuming nothing else is changed. The correlation between historical values of Future Generation's Inventory 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 Inventory of Future Generation Global 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 Inventory i.e., Future Generation's Inventory and Total Stockholder Equity go up and down completely randomly.

Correlation Coefficient

-0.67

Relationship Direction	Negative
Relationship Strength	Weak

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Inventory

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 Future Generation's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Future Generation 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 Future Generation 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 board of governors.

Tax Provision is likely to gain to about 24.4 M in 2024, whereas Selling General Administrative is likely to drop 2,565 in 2024.

	2023	2024 (projected)
Reconciled Depreciation	1.8K	1.6K
Net Interest Income	1.4M	733.9K

Reconciled Depreciation Net Interest Income

Future Generation fundamental ratios Correlations

	Total Assets	Other Current Liab	Total Current Liabilities	Total Stockholder Equity	Other Liab	Net Tangible Assets	Retained Earnings	Accounts Payable	Cash	Other Assets	Cash And Short Term Investments	Net Receivables	Common Stock Shares Outstanding	Other Current Assets	Other Stockholder Equity	Total Liab	Long Term Investments	Total Current Assets	Cash And Equivalents	Common Stock	Net Debt	Non Current Assets Total	Non Currrent Assets Other	Inventory	Common Stock Total Equity	Non Current Liabilities Total
Total Assets		-0.88	-0.88	1.0	0.77	0.99	-0.34	0.54	0.35	-0.41	0.46	-0.71	0.88	0.93	0.48	0.89	0.97	0.45	0.43	0.95	-0.35	0.96	-0.45	-0.65	0.92	0.88
Other Current Liab	-0.88		1.0	-0.9	-0.56	-0.9	0.33	-0.57	-0.42	0.51	-0.58	0.87	-0.99	-0.94	-0.25	-0.68	-0.83	-0.57	-0.52	-0.91	0.43	-0.8	0.64	0.59	-0.86	-0.64
Total Current Liabilities	-0.88	1.0		-0.89	-0.6	-0.88	0.24	-0.5	-0.46	0.43	-0.51	0.88	-0.99	-0.94	-0.27	-0.69	-0.81	-0.5	-0.56	-0.89	0.47	-0.77	0.64	0.52	-0.83	-0.63
Total Stockholder Equity	1.0	-0.9	-0.89		0.73	1.0	-0.37	0.58	0.36	-0.45	0.51	-0.73	0.9	0.94	0.45	0.86	0.96	0.5	0.46	0.97	-0.37	0.95	-0.47	-0.67	0.94	0.85
Other Liab	0.77	-0.56	-0.6	0.73		0.71	0.22	0.05	0.26	0.23	-0.19	-0.48	0.57	0.71	0.65	0.93	0.77	-0.2	0.21	0.59	-0.26	0.75	-0.08	-0.21	0.48	0.82
Net Tangible Assets	0.99	-0.9	-0.88	1.0	0.71		-0.4	0.61	0.35	-0.48	0.53	-0.72	0.89	0.93	0.44	0.85	0.96	0.52	0.45	0.97	-0.35	0.95	-0.49	-0.68	0.95	0.86
Retained Earnings	-0.34	0.33	0.24	-0.37	0.22	-0.4		-0.83	0.34	0.95	-0.89	0.15	-0.32	-0.3	0.01	-0.06	-0.42	-0.9	0.16	-0.44	-0.33	-0.46	0.31	0.77	-0.54	-0.26
Accounts Payable	0.54	-0.57	-0.5	0.58	0.05	0.61	-0.83		-0.11	-0.82	0.78	-0.47	0.53	0.56	-0.05	0.24	0.61	0.78	0.01	0.61	0.1	0.61	-0.29	-0.86	0.67	0.35
Cash	0.35	-0.42	-0.46	0.36	0.26	0.35	0.34	-0.11		0.14	0.03	-0.4	0.42	0.33	-0.02	0.17	0.11	0.03	0.97	0.48	-1.0	0.06	-0.2	0.13	0.39	0.01
Other Assets	-0.41	0.51	0.43	-0.45	0.23	-0.48	0.95	-0.82	0.14		-0.98	0.35	-0.5	-0.42	0.09	-0.07	-0.44	-0.98	-0.07	-0.54	-0.13	-0.46	0.51	0.76	-0.64	-0.24
Cash And Short Term Investments	0.46	-0.58	-0.51	0.51	-0.19	0.53	-0.89	0.78	0.03	-0.98		-0.42	0.58	0.47	-0.1	0.1	0.46	1.0	0.24	0.63	-0.04	0.46	-0.56	-0.74	0.71	0.24
Net Receivables	-0.71	0.87	0.88	-0.73	-0.48	-0.72	0.15	-0.47	-0.4	0.35	-0.42		-0.82	-0.88	-0.18	-0.54	-0.67	-0.4	-0.5	-0.73	0.41	-0.61	0.56	0.43	-0.67	-0.49
Common Stock Shares Outstanding	0.88	-0.99	-0.99	0.9	0.57	0.89	-0.32	0.53	0.42	-0.5	0.58	-0.82		0.92	0.25	0.69	0.82	0.57	0.53	0.91	-0.43	0.8	-0.66	-0.58	0.86	0.65
Other Current Assets	0.93	-0.94	-0.94	0.94	0.71	0.93	-0.3	0.56	0.33	-0.42	0.47	-0.88	0.92		0.49	0.79	0.91	0.46	0.41	0.91	-0.34	0.88	-0.49	-0.55	0.85	0.76
Other Stockholder Equity	0.48	-0.25	-0.27	0.45	0.65	0.44	0.01	-0.05	-0.02	0.09	-0.1	-0.18	0.25	0.49		0.58	0.52	-0.11	-0.05	0.37	0.02	0.52	-0.04	0.12	0.33	0.63
Total Liab	0.89	-0.68	-0.69	0.86	0.93	0.85	-0.06	0.24	0.17	-0.07	0.1	-0.54	0.69	0.79	0.58		0.9	0.09	0.21	0.73	-0.18	0.9	-0.29	-0.48	0.68	0.96
Long Term Investments	0.97	-0.83	-0.81	0.96	0.77	0.96	-0.42	0.61	0.11	-0.44	0.46	-0.67	0.82	0.91	0.52	0.9		0.45	0.2	0.88	-0.11	1.0	-0.4	-0.71	0.86	0.93
Total Current Assets	0.45	-0.57	-0.5	0.5	-0.2	0.52	-0.9	0.78	0.03	-0.98	1.0	-0.4	0.57	0.46	-0.11	0.09	0.45		0.23	0.62	-0.03	0.46	-0.56	-0.74	0.7	0.23
Cash And Equivalents	0.43	-0.52	-0.56	0.46	0.21	0.45	0.16	0.01	0.97	-0.07	0.24	-0.5	0.53	0.41	-0.05	0.21	0.2	0.23		0.59	-0.97	0.16	-0.38	-0.02	0.53	0.1
Common Stock	0.95	-0.91	-0.89	0.97	0.59	0.97	-0.44	0.61	0.48	-0.54	0.63	-0.73	0.91	0.91	0.37	0.73	0.88	0.62	0.59		-0.48	0.86	-0.55	-0.64	0.98	0.73
Net Debt	-0.35	0.43	0.47	-0.37	-0.26	-0.35	-0.33	0.1	-1.0	-0.13	-0.04	0.41	-0.43	-0.34	0.02	-0.18	-0.11	-0.03	-0.97	-0.48		-0.07	0.21	-0.12	-0.39	-0.02
Non Current Assets Total	0.96	-0.8	-0.77	0.95	0.75	0.95	-0.46	0.61	0.06	-0.46	0.46	-0.61	0.8	0.88	0.52	0.9	1.0	0.46	0.16	0.86	-0.07		-0.39	-0.73	0.86	0.94
Non Currrent Assets Other	-0.45	0.64	0.64	-0.47	-0.08	-0.49	0.31	-0.29	-0.2	0.51	-0.56	0.56	-0.66	-0.49	-0.04	-0.29	-0.4	-0.56	-0.38	-0.55	0.21	-0.39		0.31	-0.61	-0.37
Inventory	-0.65	0.59	0.52	-0.67	-0.21	-0.68	0.77	-0.86	0.13	0.76	-0.74	0.43	-0.58	-0.55	0.12	-0.48	-0.71	-0.74	-0.02	-0.64	-0.12	-0.73	0.31		-0.69	-0.54
Common Stock Total Equity	0.92	-0.86	-0.83	0.94	0.48	0.95	-0.54	0.67	0.39	-0.64	0.71	-0.67	0.86	0.85	0.33	0.68	0.86	0.7	0.53	0.98	-0.39	0.86	-0.61	-0.69		0.74
Non Current Liabilities Total	0.88	-0.64	-0.63	0.85	0.82	0.86	-0.26	0.35	0.01	-0.24	0.24	-0.49	0.65	0.76	0.63	0.96	0.93	0.23	0.1	0.73	-0.02	0.94	-0.37	-0.54	0.74

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Future Generation Account Relationship Matchups

Future Generation fundamental ratios Accounts

	2019	2020	2021	2022	2023	2024 (projected)
Total Assets	583.1M	643.6M	690.2M	522.5M	572.3M	547.9M
Other Current Liab	(134K)	(73K)	(251K)	(415K)	(378K)	(359.1K)
Total Current Liabilities	134K	73K	251K	415K	378K	359.1K
Total Stockholder Equity	545.7M	592.3M	629.2M	516.5M	546.3M	521.1M
Other Liab	34.4M	45.0M	49.0M	2.4M	2.8M	2.6M
Net Tangible Assets	545.7M	592.3M	629.2M	516.5M	593.9M	511.2M
Cash	51.9M	56.3M	33.8M	46.6M	14.8M	14.1M
Other Assets	2.3M	1.2M	1.5M	(470.1M)	(556.6M)	(528.8M)
Cash And Short Term Investments	51.9M	56.3M	33.8M	518.6M	568.7M	597.1M
Net Receivables	1.1M	2.5M	1.4M	2.0M	1.9M	1.8M
Liabilities And Stockholders Equity	583.1M	643.6M	690.2M	522.5M	572.3M	547.8M
Other Current Assets	1.3M	1.4M	1.3M	1.2M	1.1M	1.0M
Total Liab	37.4M	51.3M	61.0M	6.0M	26.0M	26.6M
Long Term Investments	527.7M	583.6M	653.5M	471.9M	553.8M	489.4M
Total Current Assets	53.0M	58.8M	35.2M	520.6M	571.6M	600.2M
Cash And Equivalents	51.9M	56.3M	33.8M	46.6M	42.0M	46.2M
Common Stock	450.1M	450.8M	451.8M	453.8M	456.1M	444.4M
Net Debt	(51.9M)	(56.3M)	(33.8M)	(46.6M)	(14.8M)	(15.6M)
Non Current Assets Total	527.7M	583.6M	653.5M	471.9M	557.3M	515.2M
Non Currrent Assets Other	(527.7M)	(1.2M)	(1.4M)	(1.8M)	(555.6M)	(527.8M)
Accumulated Other Comprehensive Income	95.6M	141.6M	190.2M	164.6M	194.4M	117.1M
Non Current Liabilities Total	34.4M	45.0M	49.0M	415K	34.4M	25.7M
Capital Stock	450.1M	450.8M	451.8M	453.8M	456.1M	497.2M

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