| 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 Non Current Liabilities Total and its Other Current Assets 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.
Non Current Liabilities Total vs Other Current Assets
Non Current Liabilities Total vs Other Current Assets Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of
Future Generation Global Non Current Liabilities Total account and
Other Current Assets. At this time, the significance of the direction appears to have strong relationship.
The correlation between Future Generation's Non Current Liabilities Total and Other Current Assets is 0.76. Overlapping area represents the amount of variation of Non Current Liabilities Total that can explain the historical movement of Other Current Assets 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 Non Current Liabilities Total and Other Current Assets is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Non Current Liabilities Total of Future Generation Global are associated (or correlated) with its Other Current Assets. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Other Current Assets has no effect on the direction of Non Current Liabilities Total i.e., Future Generation's Non Current Liabilities Total and Other Current Assets go up and down completely randomly.
Correlation Coefficient | 0.76 |
| Relationship Direction | Positive |
| Relationship Strength | Significant |
Non Current Liabilities Total
Other Current Assets
Assets expected to be converted into cash, sold, or consumed either in one year or in the operating cycle, which are not included under standard current asset categories.
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.
Future Generation fundamental ratios Correlations
Click cells to compare fundamentals
Future Generation Account Relationship Matchups
High Positive Relationship
High Negative Relationship
Future Generation fundamental ratios Accounts
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Additional Tools for Future Stock Analysis
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measure Future Generation'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 Future Generation is operating at the current time. Most of Future Generation's value examination focuses on studying past and present price action to
predict the probability of Future Generation's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Future Generation's price. Additionally, you may evaluate how the addition of Future Generation to your portfolios can decrease your overall portfolio volatility.