Figs Retained Earnings vs Cash And Short Term Investments Analysis

FIGS Stock

USD 5.19 0.05 0.97%

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

Retained Earnings vs Cash And Short Term Investments

Retained Earnings vs Cash And Short Term Investments Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Figs Inc Retained Earnings account and Cash And Short Term Investments. At this time, the significance of the direction appears to have very strong relationship.

The correlation between Figs' Retained Earnings and Cash And Short Term Investments is 0.87. Overlapping area represents the amount of variation of Retained Earnings that can explain the historical movement of Cash And Short Term Investments in the same time period over historical financial statements of Figs Inc, assuming nothing else is changed. The correlation between historical values of Figs' Retained Earnings and Cash And Short Term Investments is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Retained Earnings of Figs Inc are associated (or correlated) with its Cash And Short Term Investments. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Cash And Short Term Investments has no effect on the direction of Retained Earnings i.e., Figs' Retained Earnings and Cash And Short Term Investments go up and down completely randomly.

Correlation Coefficient

0.87

Relationship Direction	Positive
Relationship Strength	Strong

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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.

Cash And Short Term Investments

Short Term Investments is an account in the current assets section of Figs Inc balance sheet. This account contains Figs investments that will expire within one year. These investments include stocks and bonds that can be liquidated by Figs Inc fairly quickly. The sum of a company's cash on hand, including bank deposits and short-term, highly liquid investments that are easily convertible to known amounts of cash.

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

Tax Provision is likely to gain to about 12.6 M in 2024, whereas Selling General Administrative is likely to drop slightly above 104.3 M in 2024.

	2021	2023	2024 (projected)
Depreciation And Amortization	1.4M	2.9M	2.2M
Interest Income	1.7M	5.5M	5.8M

Depreciation And Amortization Interest Income

Figs fundamental ratios Correlations

	Total Assets	Other Current Liab	Total Current Liabilities	Total Stockholder Equity	Other Liab	Net Tangible Assets	Property Plant And Equipment Net	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	Non Current Liabilities Total	Inventory	Other Current Assets	Other Stockholder Equity	Total Liab	Net Invested Capital	Property Plant And Equipment Gross
Total Assets		0.86	0.96	1.0	-0.75	1.0	0.78	0.73	-0.82	0.91	0.88	0.92	0.83	0.93	0.97	0.98	0.86	0.91	0.87	0.79	0.94	0.98	0.99	1.0	1.0	0.78
Other Current Liab	0.86		0.97	0.85	-0.48	0.87	0.48	0.59	-0.96	0.79	0.91	0.95	0.57	0.69	0.9	0.83	0.7	0.58	0.72	0.49	0.91	0.9	0.85	0.86	0.85	0.49
Total Current Liabilities	0.96	0.97		0.95	-0.65	0.96	0.65	0.69	-0.92	0.87	0.94	0.97	0.72	0.84	0.96	0.93	0.79	0.76	0.83	0.66	0.97	0.97	0.95	0.96	0.95	0.65
Total Stockholder Equity	1.0	0.85	0.95		-0.75	1.0	0.78	0.73	-0.82	0.91	0.87	0.92	0.83	0.93	0.97	0.98	0.86	0.91	0.86	0.79	0.94	0.98	0.99	1.0	1.0	0.78
Other Liab	-0.75	-0.48	-0.65	-0.75		-0.71	-0.88	-0.82	0.35	-0.74	-0.75	-0.54	-0.87	-0.91	-0.63	-0.66	-0.75	-0.78	-0.95	-0.89	-0.77	-0.7	-0.75	-0.77	-0.75	-0.86
Net Tangible Assets	1.0	0.87	0.96	1.0	-0.71		0.72	0.72	-0.83	0.88	0.88	0.93	0.78	0.92	0.98	0.97	0.85	0.88	0.83	0.73	0.95	0.98	0.99	0.99	1.0	0.72
Property Plant And Equipment Net	0.78	0.48	0.65	0.78	-0.88	0.72		0.66	-0.41	0.86	0.61	0.6	0.99	0.82	0.7	0.76	0.76	0.92	0.88	1.0	0.67	0.74	0.77	0.79	0.78	1.0
Current Deferred Revenue	0.73	0.59	0.69	0.73	-0.82	0.72	0.66		-0.37	0.78	0.81	0.51	0.68	0.88	0.72	0.58	0.93	0.6	0.84	0.67	0.84	0.76	0.68	0.76	0.73	0.63
Net Debt	-0.82	-0.96	-0.92	-0.82	0.35	-0.83	-0.41	-0.37		-0.69	-0.8	-0.97	-0.49	-0.59	-0.85	-0.85	-0.53	-0.58	-0.59	-0.41	-0.81	-0.84	-0.83	-0.81	-0.82	-0.42
Retained Earnings	0.91	0.79	0.87	0.91	-0.74	0.88	0.86	0.78	-0.69		0.81	0.81	0.91	0.85	0.93	0.87	0.93	0.86	0.88	0.87	0.87	0.95	0.87	0.91	0.91	0.86
Accounts Payable	0.88	0.91	0.94	0.87	-0.75	0.88	0.61	0.81	-0.8	0.81		0.86	0.67	0.86	0.86	0.78	0.8	0.63	0.89	0.62	0.98	0.9	0.87	0.89	0.87	0.6
Cash	0.92	0.95	0.97	0.92	-0.54	0.93	0.6	0.51	-0.97	0.81	0.86		0.67	0.74	0.93	0.94	0.67	0.75	0.74	0.6	0.89	0.93	0.93	0.92	0.92	0.61
Non Current Assets Total	0.83	0.57	0.72	0.83	-0.87	0.78	0.99	0.68	-0.49	0.91	0.67	0.67		0.84	0.76	0.81	0.79	0.93	0.9	0.99	0.73	0.8	0.82	0.83	0.83	0.99
Non Currrent Assets Other	0.93	0.69	0.84	0.93	-0.91	0.92	0.82	0.88	-0.59	0.85	0.86	0.74	0.84		0.87	0.85	0.9	0.87	0.93	0.83	0.92	0.89	0.92	0.94	0.93	0.81
Other Assets	0.97	0.9	0.96	0.97	-0.63	0.98	0.7	0.72	-0.85	0.93	0.86	0.93	0.76	0.87		0.95	0.88	0.83	0.79	0.7	0.93	0.99	0.95	0.97	0.97	0.7
Cash And Short Term Investments	0.98	0.83	0.93	0.98	-0.66	0.97	0.76	0.58	-0.85	0.87	0.78	0.94	0.81	0.85	0.95		0.76	0.92	0.78	0.76	0.86	0.95	0.98	0.97	0.98	0.77
Net Receivables	0.86	0.7	0.79	0.86	-0.75	0.85	0.76	0.93	-0.53	0.93	0.8	0.67	0.79	0.9	0.88	0.76		0.77	0.83	0.77	0.87	0.9	0.8	0.87	0.86	0.74
Common Stock Total Equity	0.91	0.58	0.76	0.91	-0.78	0.88	0.92	0.6	-0.58	0.86	0.63	0.75	0.93	0.87	0.83	0.92	0.77		0.81	0.91	0.74	0.84	0.9	0.9	0.91	0.92
Common Stock Shares Outstanding	0.87	0.72	0.83	0.86	-0.95	0.83	0.88	0.84	-0.59	0.88	0.89	0.74	0.9	0.93	0.79	0.78	0.83	0.81		0.89	0.9	0.85	0.86	0.89	0.86	0.87
Non Current Liabilities Total	0.79	0.49	0.66	0.79	-0.89	0.73	1.0	0.67	-0.41	0.87	0.62	0.6	0.99	0.83	0.7	0.76	0.77	0.91	0.89		0.69	0.75	0.78	0.79	0.79	1.0
Inventory	0.94	0.91	0.97	0.94	-0.77	0.95	0.67	0.84	-0.81	0.87	0.98	0.89	0.73	0.92	0.93	0.86	0.87	0.74	0.9	0.69		0.96	0.93	0.96	0.94	0.66
Other Current Assets	0.98	0.9	0.97	0.98	-0.7	0.98	0.74	0.76	-0.84	0.95	0.9	0.93	0.8	0.89	0.99	0.95	0.9	0.84	0.85	0.75	0.96		0.96	0.98	0.98	0.74
Other Stockholder Equity	0.99	0.85	0.95	0.99	-0.75	0.99	0.77	0.68	-0.83	0.87	0.87	0.93	0.82	0.92	0.95	0.98	0.8	0.9	0.86	0.78	0.93	0.96		0.99	0.99	0.77
Total Liab	1.0	0.86	0.96	1.0	-0.77	0.99	0.79	0.76	-0.81	0.91	0.89	0.92	0.83	0.94	0.97	0.97	0.87	0.9	0.89	0.79	0.96	0.98	0.99		1.0	0.78
Net Invested Capital	1.0	0.85	0.95	1.0	-0.75	1.0	0.78	0.73	-0.82	0.91	0.87	0.92	0.83	0.93	0.97	0.98	0.86	0.91	0.86	0.79	0.94	0.98	0.99	1.0		0.78
Property Plant And Equipment Gross	0.78	0.49	0.65	0.78	-0.86	0.72	1.0	0.63	-0.42	0.86	0.6	0.61	0.99	0.81	0.7	0.77	0.74	0.92	0.87	1.0	0.66	0.74	0.77	0.78	0.78

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Figs Retained Earnings vs Cash And Short Term Investments Analysis

Retained Earnings vs Cash And Short Term Investments

Retained Earnings vs Cash And Short Term Investments Correlation Analysis

Correlation Coefficient

Retained Earnings

Cash And Short Term Investments

Figs fundamental ratios Correlations

Figs Account Relationship Matchups

High Positive Relationship

High Negative Relationship

Thematic Opportunities

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Additional Tools for Figs Stock Analysis

COMMON DESTINATIONS

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COMPANY

Total Stockholder Equity	+ 1.0	Total Assets
Net Tangible Assets	+ 1.0	Total Assets
Total Liab	+ 1.0	Total Assets
Net Invested Capital	+ 1.0	Total Assets
Net Tangible Assets	+ 1.0	Total Stockholder Equity
Total Liab	+ 1.0	Total Stockholder Equity

Cash	- 0.97	Net Debt
Net Debt	- 0.96	Other Current Liab
Common Stock Shares Outstanding	- 0.95	Other Liab
Net Debt	- 0.92	Total Current Liabilities
Non Currrent Assets Other	- 0.91	Other Liab
Non Current Liabilities Total	- 0.89	Other Liab