Fine Net Receivables vs Other Current Liab Analysis

FINEORG Stock   5,198  17.30  0.33%   
Fine Organic financial indicator trend analysis is much more than just examining Fine Organic Industries latest accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Fine Organic Industries is a good investment. Please check the relationship between Fine Organic Net Receivables and its Other Current Liab accounts. Check out Investing Opportunities to better understand how to build diversified portfolios, which includes a position in Fine Organic 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 persons.

Net Receivables vs Other Current Liab

Net Receivables vs Other Current Liab Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Fine Organic Industries Net Receivables account and Other Current Liab. At this time, the significance of the direction appears to have strong relationship.
The correlation between Fine Organic's Net Receivables and Other Current Liab is 0.64. Overlapping area represents the amount of variation of Net Receivables that can explain the historical movement of Other Current Liab in the same time period over historical financial statements of Fine Organic Industries, assuming nothing else is changed. The correlation between historical values of Fine Organic's Net Receivables and Other Current Liab 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 Receivables of Fine Organic Industries are associated (or correlated) with its Other Current Liab. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Other Current Liab has no effect on the direction of Net Receivables i.e., Fine Organic's Net Receivables and Other Current Liab go up and down completely randomly.

Correlation Coefficient

0.64
Relationship DirectionPositive 
Relationship StrengthSignificant

Net Receivables

Other Current Liab

Most indicators from Fine Organic's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Fine Organic 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 Fine Organic 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 persons.
The Fine Organic's current Selling General Administrative is estimated to increase to about 1.3 B, while Tax Provision is projected to decrease to roughly 945.7 M.
 2021 2022 2023 2024 (projected)
Interest Expense37.0M45.7M24.3M36.4M
Depreciation And Amortization399.0M478.9M562.8M330.7M

Fine Organic fundamental ratios Correlations

-0.790.760.751.00.810.56-0.991.00.810.990.830.710.650.960.760.84-0.540.780.1-0.10.61.0-0.720.690.51
-0.79-0.67-0.63-0.82-0.46-0.410.82-0.81-0.66-0.76-0.53-0.56-0.66-0.77-0.73-0.760.91-0.640.11-0.16-0.15-0.810.49-0.41-0.44
0.76-0.670.750.750.660.68-0.730.750.740.710.620.380.440.670.640.48-0.510.68-0.03-0.080.580.76-0.760.570.2
0.75-0.630.750.720.820.9-0.690.720.970.650.810.590.750.540.890.45-0.570.910.150.010.770.73-0.460.650.54
1.0-0.820.750.720.780.52-0.991.00.780.990.810.710.650.970.750.86-0.570.760.09-0.090.551.0-0.710.680.5
0.81-0.460.660.820.780.7-0.760.780.880.760.990.780.730.660.760.66-0.250.790.21-0.280.810.77-0.640.890.71
0.56-0.410.680.90.520.7-0.460.520.850.440.650.380.470.320.740.23-0.330.770.25-0.110.830.53-0.480.530.44
-0.990.82-0.73-0.69-0.99-0.76-0.46-0.99-0.76-0.99-0.78-0.68-0.64-0.98-0.75-0.860.56-0.750.00.02-0.51-0.990.7-0.63-0.46
1.0-0.810.750.721.00.780.52-0.990.780.990.80.710.650.970.750.86-0.560.760.08-0.090.551.0-0.710.670.49
0.81-0.660.740.970.780.880.85-0.760.780.730.880.680.770.620.940.56-0.520.940.040.00.770.79-0.590.730.61
0.99-0.760.710.650.990.760.44-0.990.990.730.770.660.60.980.70.85-0.480.720.03-0.050.540.99-0.710.630.43
0.83-0.530.620.810.810.990.65-0.780.80.880.770.860.790.690.780.72-0.320.780.21-0.260.740.78-0.620.890.76
0.71-0.560.380.590.710.780.38-0.680.710.680.660.860.760.630.60.78-0.420.570.34-0.310.40.68-0.430.730.76
0.65-0.660.440.750.650.730.47-0.640.650.770.60.790.760.540.770.65-0.640.66-0.030.180.40.62-0.220.640.74
0.96-0.770.670.540.970.660.32-0.980.970.620.980.690.630.540.620.89-0.490.60.0-0.030.420.97-0.690.550.36
0.76-0.730.640.890.750.760.74-0.750.750.940.70.780.60.770.620.61-0.590.89-0.160.210.610.76-0.520.630.61
0.84-0.760.480.450.860.660.23-0.860.860.560.850.720.780.650.890.61-0.520.490.08-0.130.230.84-0.590.640.64
-0.540.91-0.51-0.57-0.57-0.25-0.330.56-0.56-0.52-0.48-0.32-0.42-0.64-0.49-0.59-0.52-0.510.04-0.240.05-0.560.13-0.22-0.35
0.78-0.640.680.910.760.790.77-0.750.760.940.720.780.570.660.60.890.49-0.510.06-0.030.70.77-0.480.620.51
0.10.11-0.030.150.090.210.250.00.080.040.030.210.34-0.030.0-0.160.080.040.06-0.790.230.070.110.250.29
-0.1-0.16-0.080.01-0.09-0.28-0.110.02-0.090.0-0.05-0.26-0.310.18-0.030.21-0.13-0.24-0.03-0.79-0.18-0.070.22-0.42-0.32
0.6-0.150.580.770.550.810.83-0.510.550.770.540.740.40.40.420.610.230.050.70.23-0.180.56-0.550.620.35
1.0-0.810.760.731.00.770.53-0.991.00.790.990.780.680.620.970.760.84-0.560.770.07-0.070.56-0.710.650.46
-0.720.49-0.76-0.46-0.71-0.64-0.480.7-0.71-0.59-0.71-0.62-0.43-0.22-0.69-0.52-0.590.13-0.480.110.22-0.55-0.71-0.6-0.28
0.69-0.410.570.650.680.890.53-0.630.670.730.630.890.730.640.550.630.64-0.220.620.25-0.420.620.65-0.60.75
0.51-0.440.20.540.50.710.44-0.460.490.610.430.760.760.740.360.610.64-0.350.510.29-0.320.350.46-0.280.75
Click cells to compare fundamentals

Fine Organic Account Relationship Matchups

Fine Organic fundamental ratios Accounts

201920202021202220232024 (projected)
Total Assets8.5B9.5B12.4B18.1B21.1B22.1B
Short Long Term Debt Total1.2B891.7M585.3M285.2M42.3M40.2M
Other Current Liab76.7M166.3M398.1M314.6M320.9M336.9M
Total Current Liabilities1.3B1.5B2.5B2.6B1.8B1.6B
Total Stockholder Equity6.2B7.3B9.6B15.4B19.2B20.2B
Property Plant And Equipment Net2.2B2.2B2.4B2.5B2.6B1.8B
Current Deferred Revenue136.4M148.0M626.0M465.2M149.9M195.0M
Net Debt(809.4M)(1.7B)(1.7B)(4.9B)(6.9B)(6.6B)
Retained Earnings6.0B7.2B9.4B15.3B19.2B20.1B
Accounts Payable857.5M977.8M1.5B1.8B1.4B947.4M
Cash2.1B2.6B2.3B5.1B7.0B7.3B
Non Current Assets Total3.3B3.3B3.5B3.9B4.3B2.8B
Non Currrent Assets Other630.4M637.4M626.8M756.0M1.1B668.7M
Other Assets697.5M716.9M710.3M850.5M978.1M523.6M
Cash And Short Term Investments2.1B2.6B2.3B5.3B10.5B11.0B
Net Receivables1.3B1.6B3.0B3.5B3.1B1.6B
Liabilities And Stockholders Equity8.5B9.5B12.4B18.1B21.1B22.1B
Non Current Liabilities Total990.2M611.0M259.5M8.2M24.7M23.5M
Inventory1.3B1.3B2.4B4.4B2.6B1.6B
Other Current Assets498.4M697.2M1.2B1.0B615.3M1.1B
Other Stockholder Equity115.4M(109.1M)(101.8M)(186.4M)(115.9M)(121.7M)
Total Liab2.3B2.2B2.8B2.7B1.9B2.1B
Total Current Assets5.2B6.2B8.9B14.2B16.8B17.7B
Accumulated Other Comprehensive Income(2.0B)(109.1M)(101.8M)(186.4M)19.1B20.0B
Short Term Debt258.5M287.8M90.5M277.1M17.6M16.7M
Net Tangible Assets5.0B6.2B7.3B9.6B11.0B11.6B
Short Term Investments47.5M47.7M64.8M109.2M3.5B3.7B
Short Long Term Debt354.5M332.6M324.3M334.4M272.0M0.0
Property Plant Equipment2.2B2.2B2.4B2.5B2.9B1.9B
Intangible Assets8.6M5.4M5.7M14.9M17.0M17.8M
Long Term Debt Total914.6M567.4M250.8M8.2M9.4M8.9M
Cash And Equivalents494.6M1.8B1.8B5.1B5.9B6.2B
Net Invested Capital7.4B7.9B10.2B15.7B19.2B11.2B
Net Working Capital3.9B4.7B6.4B11.6B15.0B15.7B

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Other Information on Investing in Fine Stock

Balance Sheet is a snapshot of the financial position of Fine Organic Industries at a specified time, usually calculated after every quarter, six months, or one year. Fine Organic Balance Sheet has two main parts: assets and liabilities. Liabilities are the debts or obligations of Fine Organic and are divided into current liabilities and long term liabilities. An asset, on the other hand, is anything of value that can be converted into cash and which Fine currently owns. An asset can also be divided into two categories, current and non-current.