FinVolution Other Assets vs Other Current Liab Analysis
FINV Stock | USD 6.29 0.01 0.16% |
FinVolution financial indicator trend analysis is much more than just examining FinVolution Group latest accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether FinVolution Group is a good investment. Please check the relationship between FinVolution Other Assets and its Other Current Liab accounts. Check out Investing Opportunities to better understand how to build diversified portfolios, which includes a position in FinVolution Group. 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.
Other Assets vs Other Current Liab
Other Assets vs Other Current Liab Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of FinVolution Group Other Assets account and Other Current Liab. At this time, the significance of the direction appears to have significant contrarian relationship.
The correlation between FinVolution's Other Assets and Other Current Liab is -0.43. Overlapping area represents the amount of variation of Other Assets that can explain the historical movement of Other Current Liab in the same time period over historical financial statements of FinVolution Group, assuming nothing else is changed. The correlation between historical values of FinVolution's Other Assets 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 Other Assets of FinVolution Group 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 Other Assets i.e., FinVolution's Other Assets and Other Current Liab go up and down completely randomly.
Correlation Coefficient | -0.43 |
Relationship Direction | Negative |
Relationship Strength | Very Weak |
Other Assets
Other Current Liab
Most indicators from FinVolution's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into FinVolution Group 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 FinVolution Group. 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, FinVolution's Selling General Administrative is fairly stable compared to the past year. Enterprise Value Over EBITDA is likely to climb to 0.74 in 2024, whereas Sales General And Administrative To Revenue is likely to drop 0.03 in 2024.
2023 | 2024 (projected) | Interest Income | 1.3B | 1.3B | Tax Provision | 468.5M | 315.3M |
FinVolution fundamental ratios Correlations
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FinVolution Account Relationship Matchups
High Positive Relationship
High Negative Relationship
FinVolution fundamental ratios Accounts
2019 | 2020 | 2021 | 2022 | 2023 | 2024 (projected) | ||
Total Assets | 18.3B | 14.9B | 18.1B | 21.4B | 21.3B | 14.5B | |
Short Long Term Debt Total | 320.1M | 43.3M | 33.4M | 177.0M | 41.6M | 39.6M | |
Other Current Liab | 9.7B | (812.5M) | (514.4M) | (1.0B) | 729.6M | 693.1M | |
Total Current Liabilities | 10.0B | 3.9B | 4.1B | 5.0B | 942.9M | 895.7M | |
Total Stockholder Equity | 7.9B | 8.4B | 10.7B | 12.4B | 13.7B | 7.8B | |
Other Liab | 9.4B | 5.5B | 6.3B | 7.4B | 8.6B | 5.6B | |
Net Tangible Assets | 7.8B | 8.2B | 10.5B | 12.2B | 14.1B | 14.8B | |
Property Plant And Equipment Net | 230.1M | 148.8M | 161.5M | 333.8M | 179.0M | 166.6M | |
Current Deferred Revenue | 55.7M | 1.3B | 1.1B | 1.8B | 1.9B | 2.0B | |
Net Debt | (2.0B) | (2.6B) | (4.4B) | (3.5B) | (4.9B) | (4.7B) | |
Retained Earnings | 2.0B | 2.7B | 4.7B | 6.5B | 9.1B | 9.6B | |
Accounts Payable | 1.1B | 905.0M | 0.0 | 357.3M | 321.6M | 396.6M | |
Cash | 2.3B | 2.6B | 4.4B | 3.6B | 5.0B | 2.7B | |
Non Current Assets Total | 1.4B | 1.4B | 1.7B | 2.5B | 3.1B | 3.2B | |
Non Currrent Assets Other | 7.6M | 56.3M | 1.4B | 411.1M | 472.8M | 383.2M | |
Other Assets | 129.7M | 155.8M | 455.7M | 919.4M | 205.5M | 301.9M | |
Cash And Short Term Investments | 2.4B | 4.6B | 5.6B | 7.1B | 7.9B | 4.4B | |
Net Receivables | 9.4B | 863.9M | 1.9B | 6.1B | 2.2B | 3.2B | |
Common Stock Shares Outstanding | 310.5M | 298.3M | 296.5M | 290.9M | 280.6M | 240.7M | |
Short Term Investments | 114.6M | 2.0B | 1.2B | 3.4B | 3.0B | 1.7B | |
Liabilities And Stockholders Equity | 18.3B | 14.9B | 18.1B | 21.4B | 21.3B | 14.5B | |
Non Current Liabilities Total | 284.1M | 2.5B | 3.4B | 4.0B | 6.5B | 6.8B | |
Capital Lease Obligations | 85.1M | 43.3M | 33.4M | 177.0M | 35.9M | 45.8M | |
Inventory | (8.3B) | (3.4B) | (2.7B) | (3.6B) | (2.9B) | (3.1B) | |
Other Current Assets | 13.4B | 4.5B | 5.9B | 5.8B | 7.9B | 5.5B | |
Other Stockholder Equity | 5.6B | 5.3B | 5.4B | 5.1B | 3.8B | 4.5B | |
Total Liab | 10.3B | 6.5B | 7.4B | 8.9B | 7.4B | 6.7B | |
Long Term Investments | 952.8M | 950.5M | 971.1M | 1.1B | 1.1B | 644.4M | |
Property Plant And Equipment Gross | 230.1M | 148.8M | 161.5M | 333.8M | 452.5M | 475.1M | |
Total Current Assets | 16.9B | 13.5B | 16.4B | 18.9B | 18.0B | 13.1B | |
Accumulated Other Comprehensive Income | 387.5M | 452.9M | 593.6M | 750.6M | 842.5M | 884.6M | |
Non Current Liabilities Other | 55.2M | 2.4B | 64.7M | 3.6B | 3.4B | 3.6B | |
Short Term Debt | 17.3M | 25M | 235M | 5.8M | 6.6M | 6.3M | |
Intangible Assets | 68.9M | 64.3M | 98.9M | 98.7M | 113.5M | 72.4M | |
Property Plant Equipment | 230.1M | 148.8M | 161.5M | 333.8M | 383.8M | 403.0M |
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Additional Tools for FinVolution Stock Analysis
When running FinVolution's price analysis, check to measure FinVolution's market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy FinVolution is operating at the current time. Most of FinVolution's value examination focuses on studying past and present price action to predict the probability of FinVolution's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move FinVolution's price. Additionally, you may evaluate how the addition of FinVolution to your portfolios can decrease your overall portfolio volatility.