Fair Non Currrent Assets Other vs Other Current Assets Analysis
FICO Stock | USD 2,355 17.52 0.75% |
Fair Isaac financial indicator trend analysis is much more than just examining Fair Isaac latest accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Fair Isaac is a good investment. Please check the relationship between Fair Isaac Non Currrent Assets Other and its Other Current Assets accounts. Check out Investing Opportunities to better understand how to build diversified portfolios, which includes a position in Fair Isaac. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in main economic indicators. To learn how to invest in Fair Stock, please use our How to Invest in Fair Isaac guide.
Non Currrent Assets Other vs Other Current Assets
Non Currrent Assets Other vs Other Current Assets Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Fair Isaac Non Currrent Assets Other account and Other Current Assets. At this time, the significance of the direction appears to have weak relationship.
The correlation between Fair Isaac's Non Currrent Assets Other and Other Current Assets is 0.38. Overlapping area represents the amount of variation of Non Currrent Assets Other that can explain the historical movement of Other Current Assets in the same time period over historical financial statements of Fair Isaac, assuming nothing else is changed. The correlation between historical values of Fair Isaac's Non Currrent Assets Other 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 Currrent Assets Other of Fair Isaac 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 Currrent Assets Other i.e., Fair Isaac's Non Currrent Assets Other and Other Current Assets go up and down completely randomly.
Correlation Coefficient | 0.38 |
Relationship Direction | Positive |
Relationship Strength | Very Weak |
Non Currrent Assets Other
Assets that are not physical or tangible, expected to provide value for more than one year, and not easily converted into cash, such as long-term investments or patents.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 Fair Isaac's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Fair Isaac 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 Fair Isaac. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in main economic indicators. To learn how to invest in Fair Stock, please use our How to Invest in Fair Isaac guide.At this time, Fair Isaac's Sales General And Administrative To Revenue is very stable compared to the past year. As of the 24th of November 2024, Enterprise Value Over EBITDA is likely to grow to 69.00, while Selling General Administrative is likely to drop about 262.7 M.
2021 | 2022 | 2023 | 2024 (projected) | Gross Profit | 1.1B | 1.2B | 1.4B | 1.4B | Total Revenue | 1.4B | 1.5B | 1.7B | 1.8B |
Fair Isaac fundamental ratios Correlations
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Fair Isaac Account Relationship Matchups
High Positive Relationship
High Negative Relationship
Fair Isaac fundamental ratios Accounts
2019 | 2020 | 2021 | 2022 | 2023 | 2024 (projected) | ||
Total Assets | 1.6B | 1.6B | 1.4B | 1.6B | 1.7B | 912.8M | |
Other Current Liab | 118.0M | 161.0M | 144.8M | 145.6M | 185.9M | 195.2M | |
Total Current Liabilities | 414.5M | 559.2M | 331.5M | 367.7M | 380.3M | 193.4M | |
Total Stockholder Equity | 331.1M | (110.9M) | (801.9M) | (688.0M) | (962.7M) | (914.5M) | |
Property Plant And Equipment Net | 104.1M | 75.2M | 54.3M | 36.7M | 68.0M | 40.6M | |
Net Debt | 750.2M | 1.1B | 1.8B | 1.7B | 2.1B | 2.2B | |
Retained Earnings | 2.2B | 2.6B | 3.0B | 3.4B | 3.9B | 4.1B | |
Cash | 157.4M | 195.4M | 133.2M | 136.8M | 150.7M | 85.9M | |
Non Current Assets Total | 1.1B | 1.0B | 957.3M | 1.0B | 1.1B | 619.5M | |
Non Currrent Assets Other | 105.3M | 95.6M | 102.5M | 114.5M | 163.2M | 171.3M | |
Cash And Short Term Investments | 157.4M | 195.4M | 133.2M | 136.8M | 150.7M | 126.3M | |
Net Receivables | 334.2M | 312.1M | 322.4M | 387.9M | 426.6M | 448.0M | |
Common Stock Shares Outstanding | 29.9M | 29.3M | 26.3M | 25.4M | 25.1M | 34.4M | |
Liabilities And Stockholders Equity | 1.6B | 1.6B | 1.4B | 1.6B | 1.7B | 912.8M | |
Non Current Liabilities Total | 860.6M | 1.1B | 1.9B | 1.9B | 2.3B | 2.4B | |
Other Current Assets | 42.5M | 87.0M | 58.2M | 31.7M | 40.1M | 26.1M | |
Other Stockholder Equity | (1.8B) | (2.6B) | (3.6B) | (4.0B) | (4.8B) | (4.5B) | |
Total Liab | 1.3B | 1.7B | 2.2B | 2.3B | 2.7B | 2.8B | |
Property Plant And Equipment Gross | 104.1M | 75.2M | 54.3M | 36.7M | 145.5M | 152.8M | |
Total Current Assets | 534.1M | 551.0M | 484.7M | 556.4M | 617.4M | 648.3M | |
Accumulated Other Comprehensive Income | (83.0M) | (75.9M) | (124.7M) | (102.1M) | (91.6M) | (87.0M) | |
Accounts Payable | 86.4M | 20.7M | 17.3M | 19.0M | 22.5M | 24.4M | |
Short Long Term Debt Total | 907.6M | 1.3B | 1.9B | 1.9B | 2.2B | 2.3B | |
Intangible Assets | 9.2M | 4.1M | 2.0M | 917K | 825.3K | 784.0K | |
Short Term Debt | 95M | 272.1M | 49.4M | 66.3M | 15M | 14.3M | |
Common Stock Total Equity | 289K | 291K | 276K | 252K | 226.8K | 299.0K | |
Common Stock | 291K | 276K | 252K | 248K | 244K | 291.1K | |
Other Liab | 44.9M | 56.8M | 49.7M | 60.0M | 69.0M | 72.5M | |
Other Assets | 178.6M | 116.1M | 114.3M | 206.7M | 237.7M | 249.6M | |
Treasury Stock | (2.8B) | (3.0B) | (3.9B) | (4.9B) | (4.4B) | (4.2B) | |
Property Plant Equipment | 46.4M | 75.2M | 17.6M | 36.7M | 33.0M | 36.4M | |
Current Deferred Revenue | 115.2M | 105.4M | 120.0M | 136.7M | 156.9M | 164.7M | |
Long Term Debt | 739.4M | 1.0B | 1.8B | 1.8B | 2.2B | 2.3B | |
Good Will | 812.4M | 788.2M | 761.1M | 773.3M | 782.8M | 793.4M | |
Net Tangible Assets | (490.5M) | (903.2M) | (1.6B) | (1.5B) | (1.3B) | (1.3B) | |
Retained Earnings Total Equity | 2.0B | 2.2B | 2.6B | 3.0B | 3.4B | 1.8B | |
Long Term Debt Total | 606.8M | 739.4M | 1.0B | 1.8B | 2.1B | 2.2B | |
Capital Surpluse | 1.2B | 1.2B | 1.2B | 1.3B | 1.5B | 1.3B |
Pair Trading with Fair Isaac
One of the main advantages of trading using pair correlations is that every trade hedges away some risk. Because there are two separate transactions required, even if Fair Isaac position performs unexpectedly, the other equity can make up some of the losses. Pair trading also minimizes risk from directional movements in the market. For example, if an entire industry or sector drops because of unexpected headlines, the short position in Fair Isaac will appreciate offsetting losses from the drop in the long position's value.Moving together with Fair Stock
Moving against Fair Stock
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The ability to find closely correlated positions to Fair Isaac could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Fair Isaac when you sell it. If you don't do this, your portfolio allocation will be skewed against your target asset allocation. So, investors can't just sell and buy back Fair Isaac - that would be a violation of the tax code under the "wash sale" rule, and this is why you need to find a similar enough asset and use the proceeds from selling Fair Isaac to buy it.
The correlation of Fair Isaac is a statistical measure of how it moves in relation to other instruments. This measure is expressed in what is known as the correlation coefficient, which ranges between -1 and +1. A perfect positive correlation (i.e., a correlation coefficient of +1) implies that as Fair Isaac moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Fair Isaac moves in either direction, the perfectly negatively correlated security will move in the opposite direction. If the correlation is 0, the equities are not correlated; they are entirely random. A correlation greater than 0.8 is generally described as strong, whereas a correlation less than 0.5 is generally considered weak.
Correlation analysis and pair trading evaluation for Fair Isaac can also be used as hedging techniques within a particular sector or industry or even over random equities to generate a better risk-adjusted return on your portfolios.Check out Investing Opportunities to better understand how to build diversified portfolios, which includes a position in Fair Isaac. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in main economic indicators. To learn how to invest in Fair Stock, please use our How to Invest in Fair Isaac guide.You can also try the Sectors module to list of equity sectors categorizing publicly traded companies based on their primary business activities.
Is Application Software 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 Fair Isaac. If investors know Fair 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 Fair Isaac 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 0.353 | Earnings Share 20.49 | Revenue Per Share 69.603 | Quarterly Revenue Growth 0.164 | Return On Assets 0.2785 |
The market value of Fair Isaac is measured differently than its book value, which is the value of Fair that is recorded on the company's balance sheet. Investors also form their own opinion of Fair Isaac's value that differs from its market value or its book value, called intrinsic value, which is Fair Isaac's 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 Fair Isaac's market value can be influenced by many factors that don't directly affect Fair Isaac's 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 Fair Isaac's value and its price as these two are different measures arrived at by different means. Investors typically determine if Fair Isaac is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Fair Isaac's 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.