FTAC Non Current Assets Total vs Other Current Assets Analysis

FLDDW Stock   0.70  0.03  4.48%   
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 Assets Total and its Other Current 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 Assets Total vs Other Current Assets

Non Current Assets Total vs Other Current 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 Assets Total account and Other Current Assets. At this time, the significance of the direction appears to have fragmental relationship.
The correlation between FTAC Emerald's Non Current Assets Total and Other Current Assets is 0.46. Overlapping area represents the amount of variation of Non Current Assets Total that can explain the historical movement of Other Current 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 Assets Total and Other Current 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 Assets Total of FTAC Emerald Acquisition are associated (or correlated) with its Other Current Assets. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Other Current Assets has no effect on the direction of Non Current Assets Total i.e., FTAC Emerald's Non Current Assets Total and Other Current Assets go up and down completely randomly.

Correlation Coefficient

0.46
Relationship DirectionPositive 
Relationship StrengthWeak

Non Current Assets Total

The total value of a company's long-term assets, which are not expected to be converted into cash or used up within one year or the operating cycle, including property, plant, and equipment, and intangible assets.

Other Current Assets

Assets expected to be converted into cash, sold, or consumed either in one year or in the operating cycle, which are not included under standard current asset categories.
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 2022 2023 2024 (projected)
Other Operating Expenses120.6K1.8M3.7M2.1M
Depreciation And Amortization120.6K1.8M3.7M2.1M

FTAC Emerald fundamental ratios Correlations

-0.93-0.91.0-0.810.76-0.540.531.01.00.53-0.420.960.480.981.00.441.00.81.00.860.860.860.86
-0.931.0-0.920.97-0.950.81-0.8-0.92-0.92-0.80.72-0.99-0.77-0.92-0.92-0.74-0.92-0.96-0.92-0.95-0.95-0.95-0.95
-0.91.0-0.90.99-0.970.85-0.85-0.89-0.89-0.850.77-0.98-0.81-0.9-0.89-0.78-0.89-0.98-0.89-0.95-0.95-0.95-0.95
1.0-0.92-0.9-0.810.76-0.530.521.01.00.52-0.420.960.470.971.00.441.00.791.00.860.860.860.86
-0.810.970.99-0.81-1.00.93-0.92-0.8-0.8-0.920.86-0.94-0.9-0.83-0.8-0.88-0.8-1.0-0.8-0.92-0.92-0.92-0.92
0.76-0.95-0.970.76-1.0-0.950.950.750.750.95-0.890.910.920.780.760.90.751.00.750.910.910.910.91
-0.540.810.85-0.530.93-0.95-1.0-0.52-0.52-1.00.99-0.74-1.0-0.6-0.52-0.99-0.51-0.94-0.51-0.74-0.74-0.74-0.74
0.53-0.8-0.850.52-0.920.95-1.00.510.511.0-0.990.741.00.580.520.990.510.930.510.750.750.750.75
1.0-0.92-0.891.0-0.80.75-0.520.511.00.51-0.40.960.460.971.00.431.00.781.00.850.850.850.85
1.0-0.92-0.891.0-0.80.75-0.520.511.00.51-0.40.960.460.971.00.431.00.781.00.850.850.850.85
0.53-0.8-0.850.52-0.920.95-1.01.00.510.51-0.990.741.00.580.520.990.510.930.510.750.750.750.75
-0.420.720.77-0.420.86-0.890.99-0.99-0.4-0.4-0.99-0.64-1.0-0.5-0.41-1.0-0.4-0.88-0.4-0.64-0.64-0.64-0.64
0.96-0.99-0.980.96-0.940.91-0.740.740.960.960.74-0.640.690.950.960.660.960.930.960.940.940.940.94
0.48-0.77-0.810.47-0.90.92-1.01.00.460.461.0-1.00.690.540.471.00.460.910.460.70.70.70.7
0.98-0.92-0.90.97-0.830.78-0.60.580.970.970.58-0.50.950.540.970.530.970.820.970.790.790.790.79
1.0-0.92-0.891.0-0.80.76-0.520.521.01.00.52-0.410.960.470.970.431.00.791.00.860.860.860.86
0.44-0.74-0.780.44-0.880.9-0.990.990.430.430.99-1.00.661.00.530.430.420.890.420.650.650.650.65
1.0-0.92-0.891.0-0.80.75-0.510.511.01.00.51-0.40.960.460.971.00.420.781.00.850.850.850.85
0.8-0.96-0.980.79-1.01.0-0.940.930.780.780.93-0.880.930.910.820.790.890.780.780.90.90.90.9
1.0-0.92-0.891.0-0.80.75-0.510.511.01.00.51-0.40.960.460.971.00.421.00.780.850.850.850.85
0.86-0.95-0.950.86-0.920.91-0.740.750.850.850.75-0.640.940.70.790.860.650.850.90.851.01.01.0
0.86-0.95-0.950.86-0.920.91-0.740.750.850.850.75-0.640.940.70.790.860.650.850.90.851.01.01.0
0.86-0.95-0.950.86-0.920.91-0.740.750.850.850.75-0.640.940.70.790.860.650.850.90.851.01.01.0
0.86-0.95-0.950.86-0.920.91-0.740.750.850.850.75-0.640.940.70.790.860.650.850.90.851.01.01.0
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FTAC Emerald Account Relationship Matchups

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