Future Net Debt vs Retained Earnings Analysis

FGX Stock

1.29 0.01 0.78%

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

Net Debt vs Retained Earnings

Net Debt vs Retained Earnings Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Future Generation Net Debt account and Retained Earnings. At this time, the significance of the direction appears to have pay attention.

The correlation between Future Generation's Net Debt and Retained Earnings is -0.74. Overlapping area represents the amount of variation of Net Debt that can explain the historical movement of Retained Earnings in the same time period over historical financial statements of Future Generation Australia, assuming nothing else is changed. The correlation between historical values of Future Generation's Net Debt and Retained Earnings 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 Debt of Future Generation Australia are associated (or correlated) with its Retained Earnings. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Retained Earnings has no effect on the direction of Net Debt i.e., Future Generation's Net Debt and Retained Earnings go up and down completely randomly.

Correlation Coefficient

-0.74

Relationship Direction	Negative
Relationship Strength	Weak

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Net Debt

The total debt of a company minus its cash and cash equivalents. It represents the actual debt burden on the company after accounting for the liquid assets it holds.

Retained Earnings

The cumulative amount of net income that a company retains for reinvestment in its operations, rather than distributing it to shareholders as dividends.

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 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 Australia. 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.

At this time, Future Generation's Selling General Administrative is comparatively stable compared to the past year. Tax Provision is likely to gain to about 14.1 M in 2024, whereas Issuance Of Capital Stock is likely to drop 5,700 in 2024.

	2021	2022	2023	2024 (projected)
Interest Income	103K	185K	604K	380.2K
Net Interest Income	103K	185K	604K	380.2K

Interest Income Net Interest Income

Future Generation fundamental ratios Correlations

	Total Assets	Short Long Term Debt Total	Other Current Liab	Total Current Liabilities	Total Stockholder Equity	Current Deferred Revenue	Net Debt	Retained Earnings	Accounts Payable	Cash	Non Current Assets Total	Non Currrent Assets Other	Other Assets	Cash And Short Term Investments	Net Receivables	Common Stock Total Equity	Common Stock Shares Outstanding	Short Term Investments	Non Current Liabilities Total	Total Liab	Total Current Assets	Common Stock	Other Stockholder Equity	Other Liab	Long Term Debt	Inventory
Total Assets		0.22	-0.9	0.92	1.0	-0.14	-0.5	0.86	0.9	0.49	0.89	-0.89	-0.1	0.24	-0.01	0.96	-0.02	0.15	0.91	0.95	0.23	0.97	-0.29	0.9	-0.2	-0.14
Short Long Term Debt Total	0.22		-0.03	0.14	0.22	-0.32	0.21	0.02	0.04	-0.22	0.07	-0.16	-0.29	0.29	0.38	0.29	-0.17	0.33	0.26	0.17	0.3	0.28	0.01	0.03	-0.97	-0.29
Other Current Liab	-0.9	-0.03		-0.96	-0.9	-0.08	0.69	-0.99	-1.0	-0.69	-0.88	0.88	-0.11	-0.04	0.19	-0.75	-0.12	0.13	-0.77	-0.88	-0.03	-0.76	0.54	-0.84	0.05	-0.13
Total Current Liabilities	0.92	0.14	-0.96		0.92	-0.16	-0.59	0.94	0.96	0.59	0.8	-0.94	-0.04	0.2	0.04	0.81	-0.01	-0.01	0.81	0.89	0.19	0.81	-0.54	0.79	-0.11	0.03
Total Stockholder Equity	1.0	0.22	-0.9	0.92		-0.13	-0.5	0.86	0.9	0.5	0.9	-0.89	-0.1	0.23	-0.02	0.96	-0.02	0.14	0.91	0.94	0.23	0.97	-0.29	0.89	-0.2	-0.13
Current Deferred Revenue	-0.14	-0.32	-0.08	-0.16	-0.13		-0.35	0.16	0.1	0.35	0.31	0.19	0.69	-0.74	-0.86	-0.22	0.37	-0.61	-0.24	-0.17	-0.76	-0.19	0.01	0.05	0.11	0.57
Net Debt	-0.5	0.21	0.69	-0.59	-0.5	-0.35		-0.74	-0.69	-1.0	-0.58	0.48	-0.43	0.24	0.42	-0.36	0.03	0.48	-0.37	-0.44	0.25	-0.38	0.42	-0.48	-0.14	-0.47
Retained Earnings	0.86	0.02	-0.99	0.94	0.86	0.16	-0.74		0.99	0.74	0.88	-0.86	0.22	-0.07	-0.25	0.71	0.1	-0.23	0.73	0.83	-0.08	0.72	-0.55	0.81	-0.06	0.23
Accounts Payable	0.9	0.04	-1.0	0.96	0.9	0.1	-0.69	0.99		0.69	0.88	-0.89	0.13	0.02	-0.2	0.76	0.1	-0.15	0.76	0.87	0.01	0.77	-0.54	0.83	-0.07	0.16
Cash	0.49	-0.22	-0.69	0.59	0.5	0.35	-1.0	0.74	0.69		0.58	-0.48	0.43	-0.24	-0.42	0.36	-0.03	-0.48	0.37	0.44	-0.25	0.38	-0.42	0.48	0.14	0.47
Non Current Assets Total	0.89	0.07	-0.88	0.8	0.9	0.31	-0.58	0.88	0.88	0.58		-0.75	0.21	-0.12	-0.42	0.82	0.14	-0.11	0.76	0.83	-0.14	0.84	-0.25	0.88	-0.15	0.11
Non Currrent Assets Other	-0.89	-0.16	0.88	-0.94	-0.89	0.19	0.48	-0.86	-0.89	-0.48	-0.75		0.03	-0.17	-0.12	-0.83	-0.09	0.06	-0.76	-0.82	-0.17	-0.82	0.42	-0.73	0.12	-0.07
Other Assets	-0.1	-0.29	-0.11	-0.04	-0.1	0.69	-0.43	0.22	0.13	0.43	0.21	0.03		-0.97	-0.65	-0.23	0.14	-0.78	-0.04	-0.07	-0.97	-0.2	0.02	0.12	0.14	0.78
Cash And Short Term Investments	0.24	0.29	-0.04	0.2	0.23	-0.74	0.24	-0.07	0.02	-0.24	-0.12	-0.17	-0.97		0.67	0.34	-0.2	0.74	0.16	0.2	1.0	0.31	-0.11	-0.02	-0.12	-0.73
Net Receivables	-0.01	0.38	0.19	0.04	-0.02	-0.86	0.42	-0.25	-0.2	-0.42	-0.42	-0.12	-0.65	0.67		0.09	-0.17	0.54	0.05	0.0	0.69	0.04	-0.04	-0.22	-0.19	-0.52
Common Stock Total Equity	0.96	0.29	-0.75	0.81	0.96	-0.22	-0.36	0.71	0.76	0.36	0.82	-0.83	-0.23	0.34	0.09		-0.09	0.25	0.88	0.87	0.33	1.0	-0.11	0.81	-0.25	-0.24
Common Stock Shares Outstanding	-0.02	-0.17	-0.12	-0.01	-0.02	0.37	0.03	0.1	0.1	-0.03	0.14	-0.09	0.14	-0.2	-0.17	-0.09		-0.09	-0.04	0.06	-0.2	-0.09	-0.03	0.17	0.1	0.07
Short Term Investments	0.15	0.33	0.13	-0.01	0.14	-0.61	0.48	-0.23	-0.15	-0.48	-0.11	0.06	-0.78	0.74	0.54	0.25	-0.09		0.29	0.25	0.74	0.23	-0.03	0.15	-0.2	-1.0
Non Current Liabilities Total	0.91	0.26	-0.77	0.81	0.91	-0.24	-0.37	0.73	0.76	0.37	0.76	-0.76	-0.04	0.16	0.05	0.88	-0.04	0.29		0.96	0.16	0.88	-0.22	0.93	-0.22	-0.28
Total Liab	0.95	0.17	-0.88	0.89	0.94	-0.17	-0.44	0.83	0.87	0.44	0.83	-0.82	-0.07	0.2	0.0	0.87	0.06	0.25	0.96		0.19	0.88	-0.33	0.95	-0.14	-0.24
Total Current Assets	0.23	0.3	-0.03	0.19	0.23	-0.76	0.25	-0.08	0.01	-0.25	-0.14	-0.17	-0.97	1.0	0.69	0.33	-0.2	0.74	0.16	0.19		0.3	-0.11	-0.02	-0.13	-0.73
Common Stock	0.97	0.28	-0.76	0.81	0.97	-0.19	-0.38	0.72	0.77	0.38	0.84	-0.82	-0.2	0.31	0.04	1.0	-0.09	0.23	0.88	0.88	0.3		-0.11	0.83	-0.25	-0.22
Other Stockholder Equity	-0.29	0.01	0.54	-0.54	-0.29	0.01	0.42	-0.55	-0.54	-0.42	-0.25	0.42	0.02	-0.11	-0.04	-0.11	-0.03	-0.03	-0.22	-0.33	-0.11	-0.11		-0.26	-0.01	0.02
Other Liab	0.9	0.03	-0.84	0.79	0.89	0.05	-0.48	0.81	0.83	0.48	0.88	-0.73	0.12	-0.02	-0.22	0.81	0.17	0.15	0.93	0.95	-0.02	0.83	-0.26		-0.04	-0.15
Long Term Debt	-0.2	-0.97	0.05	-0.11	-0.2	0.11	-0.14	-0.06	-0.07	0.14	-0.15	0.12	0.14	-0.12	-0.19	-0.25	0.1	-0.2	-0.22	-0.14	-0.13	-0.25	-0.01	-0.04		0.17
Inventory	-0.14	-0.29	-0.13	0.03	-0.13	0.57	-0.47	0.23	0.16	0.47	0.11	-0.07	0.78	-0.73	-0.52	-0.24	0.07	-1.0	-0.28	-0.24	-0.73	-0.22	0.02	-0.15	0.17

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Future Generation Account Relationship Matchups

Future Generation fundamental ratios Accounts

	2019	2020	2021	2022	2023	2024 (projected)
Total Assets	510.6M	534.4M	616.9M	516.9M	547.2M	725.5M
Other Current Liab	(113K)	(89K)	(276K)	(439K)	(396K)	(415.8K)
Total Current Liabilities	113K	89K	276K	439K	9.9M	17.5M
Total Stockholder Equity	494.6M	509.5M	570.3M	503.8M	525.2M	672.4M
Net Debt	(43.3M)	(40.7M)	(16.5M)	(12.7M)	(181K)	(190.1K)
Accounts Payable	113K	89K	276K	439K	396K	376.2K
Cash	43.3M	40.7M	16.5M	12.7M	181K	172.0K
Non Current Assets Total	461.9M	480.2M	596.9M	500.5M	842K	799.9K
Non Currrent Assets Other	(461.9M)	(1.3M)	(1.1M)	(898K)	(522.2M)	(548.3M)
Other Assets	1.5M	1.8M	1.1M	(499.5M)	(449.6M)	(427.1M)
Cash And Short Term Investments	43.3M	40.7M	16.5M	513.2M	522.4M	548.5M
Net Receivables	3.9M	1.3M	2.4M	2.8M	23.9M	25.1M
Liabilities And Stockholders Equity	510.6M	534.4M	616.9M	516.9M	547.2M	741.4M
Total Liab	16.0M	24.8M	46.7M	13.1M	22.0M	37.7M
Total Current Assets	47.2M	52.3M	18.9M	516.0M	546.3M	573.6M
Common Stock	439.2M	441.4M	444.7M	447.3M	449.7M	525.4M
Accumulated Other Comprehensive Income	59.2M	71.9M	129.3M	104.1M	123.2M	129.4M
Other Current Assets	1.4M	10.9M	2.3M	1.4M	1.6M	2.5M
Net Tangible Assets	494.6M	509.5M	570.3M	503.8M	579.4M	466.3M
Long Term Investments	461.9M	480.2M	596.9M	500.5M	522.2M	451.1M
Capital Stock	439.2M	441.4M	444.7M	447.3M	449.7M	487.5M

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