FGI Net Income vs Interest Expense Analysis

FGI Stock

USD 0.82 0.03 3.80%

FGI Industries financial indicator trend analysis is much more than just examining FGI Industries latest accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether FGI Industries is a good investment. Please check the relationship between FGI Industries Net Income and its Interest Expense accounts. Check out Investing Opportunities to better understand how to build diversified portfolios, which includes a position in FGI Industries. 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.

For more detail on how to invest in FGI Stock please use our How to Invest in FGI Industries guide.

Net Income vs Interest Expense

Net Income vs Interest Expense Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of FGI Industries Net Income account and Interest Expense. At this time, the significance of the direction appears to have significant contrarian relationship.

The correlation between FGI Industries' Net Income and Interest Expense is -0.3. Overlapping area represents the amount of variation of Net Income that can explain the historical movement of Interest Expense in the same time period over historical financial statements of FGI Industries, assuming nothing else is changed. The correlation between historical values of FGI Industries' Net Income and Interest Expense 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 Income of FGI Industries are associated (or correlated) with its Interest Expense. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Interest Expense has no effect on the direction of Net Income i.e., FGI Industries' Net Income and Interest Expense go up and down completely randomly.

Correlation Coefficient

-0.3

Relationship Direction	Negative
Relationship Strength	Insignificant

View All Relationships

Net Income

Net income is one of the most important fundamental items in finance. It plays a large role in FGI Industries financial statement analysis. It represents the amount of money remaining after all of FGI Industries operating expenses, interest, taxes and preferred stock dividends have been deducted from a company total revenue.

Interest Expense

The cost incurred by an entity for borrowed funds, including loans, bonds, or lines of credit.

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

For more detail on how to invest in FGI Stock please use our How to Invest in FGI Industries guide.As of now, FGI Industries' Tax Provision is increasing as compared to previous years. The FGI Industries' current Enterprise Value Over EBITDA is estimated to increase to 9.98, while Selling General Administrative is projected to decrease to under 7.8 M.

	2021	2022	2023	2024 (projected)
Depreciation And Amortization	287.1K	218.7K	2.0M	2.1M
Interest Income	37.1K	3.2K	9.2K	15.0K

Depreciation And Amortization Interest Income

FGI Industries fundamental ratios Correlations

	Total Assets	Short Long Term Debt Total	Other Current Liab	Total Current Liabilities	Total Stockholder Equity	Net Tangible Assets	Property Plant And Equipment Net	Net Debt	Accounts Payable	Cash	Non Current Assets Total	Non Currrent Assets Other	Other Assets	Cash And Short Term Investments	Net Receivables	Common Stock Shares Outstanding	Non Current Liabilities Total	Capital Lease Obligations	Inventory	Other Current Assets	Other Stockholder Equity	Total Liab	Net Invested Capital	Property Plant And Equipment Gross	Short Long Term Debt	Total Current Assets
Total Assets		0.93	0.6	0.53	0.79	0.85	0.56	-0.08	0.41	0.79	0.82	0.91	0.94	0.79	0.46	0.5	0.6	0.55	0.78	0.88	0.89	0.79	0.91	0.23	0.47	0.99
Short Long Term Debt Total	0.93		0.66	0.56	0.6	0.63	0.53	0.11	0.46	0.64	0.76	0.75	0.79	0.64	0.49	0.59	0.64	0.57	0.68	0.82	0.79	0.86	0.75	0.21	0.5	0.92
Other Current Liab	0.6	0.66		0.99	0.02	0.39	-0.16	0.66	0.97	0.07	0.14	0.7	0.48	0.07	0.97	-0.01	-0.02	-0.09	0.84	0.18	0.19	0.92	0.24	-0.53	0.91	0.69
Total Current Liabilities	0.53	0.56	0.99		-0.03	0.34	-0.28	0.64	0.98	0.03	0.03	0.69	0.43	0.03	0.97	-0.14	-0.16	-0.23	0.83	0.07	0.11	0.86	0.19	-0.63	0.96	0.63
Total Stockholder Equity	0.79	0.6	0.02	-0.03		0.87	0.8	-0.55	-0.18	0.94	0.91	0.62	0.88	0.94	-0.09	0.43	0.75	0.74	0.34	0.89	0.92	0.24	0.97	0.66	-0.05	0.71
Net Tangible Assets	0.85	0.63	0.39	0.34	0.87		0.59	-0.19	0.24	0.75	0.81	0.83	0.96	0.75	0.34	0.22	0.57	0.55	0.64	0.75	0.79	0.48	0.89	0.31	0.24	0.82
Property Plant And Equipment Net	0.56	0.53	-0.16	-0.28	0.8	0.59		-0.33	-0.37	0.67	0.93	0.2	0.63	0.67	-0.25	0.54	0.98	0.99	-0.06	0.79	0.73	0.08	0.7	0.91	-0.39	0.43
Net Debt	-0.08	0.11	0.66	0.64	-0.55	-0.19	-0.33		0.74	-0.6	-0.29	-0.04	-0.15	-0.6	0.75	-0.35	-0.19	-0.22	0.19	-0.42	-0.49	0.42	-0.44	-0.53	0.49	-0.03
Accounts Payable	0.41	0.46	0.97	0.98	-0.18	0.24	-0.37	0.74		-0.14	-0.09	0.58	0.3	-0.14	0.99	-0.19	-0.24	-0.3	0.77	-0.05	-0.04	0.82	0.04	-0.7	0.91	0.51
Cash	0.79	0.64	0.07	0.03	0.94	0.75	0.67	-0.6	-0.14		0.81	0.64	0.84	1.0	-0.09	0.42	0.64	0.61	0.36	0.86	0.93	0.3	0.96	0.56	0.1	0.73
Non Current Assets Total	0.82	0.76	0.14	0.03	0.91	0.81	0.93	-0.29	-0.09	0.81		0.55	0.85	0.81	0.02	0.59	0.93	0.92	0.31	0.93	0.9	0.38	0.89	0.73	-0.07	0.73
Non Currrent Assets Other	0.91	0.75	0.7	0.69	0.62	0.83	0.2	-0.04	0.58	0.64	0.55		0.86	0.64	0.61	0.29	0.23	0.18	0.94	0.66	0.73	0.8	0.78	-0.14	0.66	0.95
Other Assets	0.94	0.79	0.48	0.43	0.88	0.96	0.63	-0.15	0.3	0.84	0.85	0.86		0.84	0.39	0.29	0.64	0.6	0.67	0.82	0.86	0.6	0.95	0.33	0.37	0.91
Cash And Short Term Investments	0.79	0.64	0.07	0.03	0.94	0.75	0.67	-0.6	-0.14	1.0	0.81	0.64	0.84		-0.09	0.42	0.64	0.61	0.36	0.86	0.93	0.3	0.96	0.56	0.1	0.73
Net Receivables	0.46	0.49	0.97	0.97	-0.09	0.34	-0.25	0.75	0.99	-0.09	0.02	0.61	0.39	-0.09		-0.2	-0.13	-0.19	0.77	0.01	0.02	0.82	0.11	-0.61	0.87	0.55
Common Stock Shares Outstanding	0.5	0.59	-0.01	-0.14	0.43	0.22	0.54	-0.35	-0.19	0.42	0.59	0.29	0.29	0.42	-0.2		0.56	0.56	0.23	0.77	0.68	0.36	0.46	0.45	-0.19	0.45
Non Current Liabilities Total	0.6	0.64	-0.02	-0.16	0.75	0.57	0.98	-0.19	-0.24	0.64	0.93	0.23	0.64	0.64	-0.13	0.56		1.0	0.0	0.79	0.72	0.2	0.68	0.86	-0.27	0.49
Capital Lease Obligations	0.55	0.57	-0.09	-0.23	0.74	0.55	0.99	-0.22	-0.3	0.61	0.92	0.18	0.6	0.61	-0.19	0.56	1.0		-0.05	0.77	0.69	0.13	0.65	0.88	-0.35	0.43
Inventory	0.78	0.68	0.84	0.83	0.34	0.64	-0.06	0.19	0.77	0.36	0.31	0.94	0.67	0.36	0.77	0.23	0.0	-0.05		0.46	0.51	0.88	0.54	-0.41	0.78	0.85
Other Current Assets	0.88	0.82	0.18	0.07	0.89	0.75	0.79	-0.42	-0.05	0.86	0.93	0.66	0.82	0.86	0.01	0.77	0.79	0.77	0.46		0.98	0.5	0.92	0.59	0.03	0.81
Other Stockholder Equity	0.89	0.79	0.19	0.11	0.92	0.79	0.73	-0.49	-0.04	0.93	0.9	0.73	0.86	0.93	0.02	0.68	0.72	0.69	0.51	0.98		0.48	0.96	0.54	0.1	0.84
Total Liab	0.79	0.86	0.92	0.86	0.24	0.48	0.08	0.42	0.82	0.3	0.38	0.8	0.6	0.3	0.82	0.36	0.2	0.13	0.88	0.5	0.48		0.46	-0.3	0.8	0.85
Net Invested Capital	0.91	0.75	0.24	0.19	0.97	0.89	0.7	-0.44	0.04	0.96	0.89	0.78	0.95	0.96	0.11	0.46	0.68	0.65	0.54	0.92	0.96	0.46		0.49	0.19	0.86
Property Plant And Equipment Gross	0.23	0.21	-0.53	-0.63	0.66	0.31	0.91	-0.53	-0.7	0.56	0.73	-0.14	0.33	0.56	-0.61	0.45	0.86	0.88	-0.41	0.59	0.54	-0.3	0.49		-0.66	0.08
Short Long Term Debt	0.47	0.5	0.91	0.96	-0.05	0.24	-0.39	0.49	0.91	0.1	-0.07	0.66	0.37	0.1	0.87	-0.19	-0.27	-0.35	0.78	0.03	0.1	0.8	0.19	-0.66		0.59
Total Current Assets	0.99	0.92	0.69	0.63	0.71	0.82	0.43	-0.03	0.51	0.73	0.73	0.95	0.91	0.73	0.55	0.45	0.49	0.43	0.85	0.81	0.84	0.85	0.86	0.08	0.59

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FGI Industries Account Relationship Matchups

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When determining whether FGI Industries offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of FGI Industries' 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 Fgi Industries Stock. Outlined below are crucial reports that will aid in making a well-informed decision on Fgi Industries Stock:

How To Invest In FGI

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Is FGI Stock a good investment?

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What is FGI Industries' Net Worth?

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Largest Apparel, Accessories & Luxury Goods Companies

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Largest Furnishings, Fixtures & Appliances Companies

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Check out Investing Opportunities to better understand how to build diversified portfolios, which includes a position in FGI Industries. 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.

For more detail on how to invest in FGI Stock please use our How to Invest in FGI Industries guide.

You can also try the Fundamentals Comparison module to compare fundamentals across multiple equities to find investing opportunities.

Is Apparel, Accessories & Luxury Goods 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 FGI Industries. If investors know FGI 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 FGI Industries listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.

Quarterly Earnings Growth

0.836

Earnings Share

(0.03)

Revenue Per Share

12.66

Quarterly Revenue Growth

0.006

Return On Assets

0.0089

The market value of FGI Industries is measured differently than its book value, which is the value of FGI that is recorded on the company's balance sheet. Investors also form their own opinion of FGI Industries' value that differs from its market value or its book value, called intrinsic value, which is FGI Industries' 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 FGI Industries' market value can be influenced by many factors that don't directly affect FGI Industries' 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 FGI Industries' value and its price as these two are different measures arrived at by different means. Investors typically determine if FGI Industries is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, FGI Industries' 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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FGI Net Income vs Interest Expense Analysis

Net Income vs Interest Expense

Net Income vs Interest Expense Correlation Analysis

Correlation Coefficient

Net Income

Interest Expense

FGI Industries fundamental ratios Correlations

FGI Industries Account Relationship Matchups

High Positive Relationship

High Negative Relationship

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COMMON DESTINATIONS

MAIN CATEGORIES

COMPANY

Cash And Short Term Investments	+ 1.0	Cash
Capital Lease Obligations	+ 1.0	Non Current Liabilities Total
Total Current Assets	+ 0.99	Total Assets
Total Current Liabilities	+ 0.99	Other Current Liab
Capital Lease Obligations	+ 0.99	Property Plant And Equipment Net
Net Receivables	+ 0.99	Accounts Payable

Property Plant And Equipment Gross	- 0.7	Accounts Payable
Short Long Term Debt	- 0.66	Property Plant And Equipment Gross
Property Plant And Equipment Gross	- 0.63	Total Current Liabilities
Property Plant And Equipment Gross	- 0.61	Net Receivables
Cash And Short Term Investments	- 0.6	Net Debt
Cash	- 0.6	Net Debt