FTAC Non Currrent Assets Other vs Total Current Liabilities 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 Currrent Assets Other and its Total Current Liabilities 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 Currrent Assets Other vs Total Current Liabilities
Non Currrent Assets Other vs Total Current Liabilities Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of FTAC Emerald Acquisition Non Currrent Assets Other account and Total Current Liabilities. At this time, the significance of the direction appears to have pay attention.
The correlation between FTAC Emerald's Non Currrent Assets Other and Total Current Liabilities is -0.89. Overlapping area represents the amount of variation of Non Currrent Assets Other that can explain the historical movement of Total Current Liabilities 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 Currrent Assets Other and Total Current Liabilities 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 FTAC Emerald Acquisition are associated (or correlated) with its Total Current Liabilities. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Total Current Liabilities has no effect on the direction of Non Currrent Assets Other i.e., FTAC Emerald's Non Currrent Assets Other and Total Current Liabilities go up and down completely randomly.
Correlation Coefficient | -0.89 |
| Relationship Direction | Negative |
| Relationship Strength | Significant |
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.Total Current Liabilities
Total Current Liabilities is an item on FTAC Emerald balance sheet that include short term debt, accounts payable, accrued salaries payable, payroll taxes payable, accrued liabilities and other debts. Total Current Liabilities of FTAC Emerald Acquisition are important to investors because some useful performance ratios such as Current Ratio and Quick Ratio require Total Current Liabilities to be accurate. The total amount of liabilities that a company is expected to pay within one year, including debts, accounts payable, and other short-term financial obligations.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
Click cells to compare fundamentals
FTAC Emerald Account Relationship Matchups
High Positive Relationship
High Negative Relationship
Thematic Opportunities
Explore Investment Opportunities
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.