FTAC Non Current Liabilities Total vs Total Assets Analysis
| FLDDU Stock | 12.00 0.60 5.26% |
FTAC Emerald financial indicator trend analysis is much more than just examining FTAC Emerald Acquisition latest accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether FTAC Emerald Acquisition is a good investment. Please check the relationship between FTAC Emerald Non Current Liabilities Total and its Total Assets accounts. Check out Investing Opportunities to better understand how to build diversified portfolios, which includes a position in FTAC Emerald Acquisition. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in unemployment.
Non Current Liabilities Total vs Total Assets
Non Current Liabilities Total vs Total Assets Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of FTAC Emerald Acquisition Non Current Liabilities Total account and Total Assets. At this time, the significance of the direction appears to have almost identical trend.
The correlation between FTAC Emerald's Non Current Liabilities Total and Total Assets is 0.96. Overlapping area represents the amount of variation of Non Current Liabilities Total that can explain the historical movement of Total Assets in the same time period over historical financial statements of FTAC Emerald Acquisition, assuming nothing else is changed. The correlation between historical values of FTAC Emerald's Non Current Liabilities Total and Total 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 Current Liabilities Total of FTAC Emerald Acquisition are associated (or correlated) with its Total Assets. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Total Assets has no effect on the direction of Non Current Liabilities Total i.e., FTAC Emerald's Non Current Liabilities Total and Total Assets go up and down completely randomly.
Correlation Coefficient | 0.96 |
| Relationship Direction | Positive |
| Relationship Strength | Very Strong |
Non Current Liabilities Total
Total Assets
Total assets refers to the total amount of FTAC Emerald assets owned. Assets are items that have some economic value and are expended over time to create a benefit for the owner. These assets are usually recorded in FTAC Emerald Acquisition books under different categories such as cash, marketable securities, accounts receivable,prepaid expenses, inventory, fixed assets, intangible assets, other assets, marketable securities, accounts receivable, prepaid expenses and others. The total value of all owned resources that are expected to provide future economic benefits to the business, including cash, investments, accounts receivable, inventory, property, plant, equipment, and intangible assets.Most indicators from FTAC Emerald's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into FTAC Emerald Acquisition 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 FTAC Emerald Acquisition. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in unemployment. Tax Provision is likely to drop to about 1.7 M in 2024. Selling General Administrative is likely to drop to about 3 M in 2024
| 2010 | 2023 | 2024 (projected) | Net Interest Income | 3.6M | 11.2M | 8.2M | Tax Provision | 726.4K | 2.3M | 1.7M |
FTAC Emerald fundamental ratios Correlations
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FTAC Emerald Account Relationship Matchups
High Positive Relationship
High Negative Relationship
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Additional Tools for FTAC Stock Analysis
When running FTAC Emerald's price analysis, check to measure FTAC Emerald'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 FTAC Emerald is operating at the current time. Most of FTAC Emerald's value examination focuses on studying past and present price action to predict the probability of FTAC Emerald's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move FTAC Emerald's price. Additionally, you may evaluate how the addition of FTAC Emerald to your portfolios can decrease your overall portfolio volatility.