Focus Common Stock vs Other Assets Analysis
FMS Stock | CAD 0.07 0.01 6.25% |
Focus Graphite financial indicator trend analysis is much more than just examining Focus Graphite latest accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Focus Graphite is a good investment. Please check the relationship between Focus Graphite Common Stock and its Other Assets accounts. Check out Investing Opportunities to better understand how to build diversified portfolios, which includes a position in Focus Graphite. 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.
Common Stock vs Other Assets
Common Stock vs Other Assets Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Focus Graphite Common Stock account and Other Assets. At this time, the significance of the direction appears to have strong relationship.
The correlation between Focus Graphite's Common Stock and Other Assets is 0.68. Overlapping area represents the amount of variation of Common Stock that can explain the historical movement of Other Assets in the same time period over historical financial statements of Focus Graphite, assuming nothing else is changed. The correlation between historical values of Focus Graphite's Common Stock and Other 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 Common Stock of Focus Graphite are associated (or correlated) with its Other Assets. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Other Assets has no effect on the direction of Common Stock i.e., Focus Graphite's Common Stock and Other Assets go up and down completely randomly.
Correlation Coefficient | 0.68 |
Relationship Direction | Positive |
Relationship Strength | Significant |
Common Stock
Other Assets
Most indicators from Focus Graphite's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Focus Graphite 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 Focus Graphite. 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. Selling General Administrative is likely to climb to about 3.7 M in 2024, whereas Issuance Of Capital Stock is likely to drop slightly above 720.4 K in 2024.
Focus Graphite fundamental ratios Correlations
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Focus Graphite Account Relationship Matchups
High Positive Relationship
High Negative Relationship
Focus Graphite fundamental ratios Accounts
2019 | 2020 | 2021 | 2022 | 2023 | 2024 (projected) | ||
Total Assets | 28.7M | 35.6M | 39.8M | 38.9M | 44.7M | 25.6M | |
Total Current Liabilities | 6.4M | 5.8M | 6.0M | 5.2M | 5.9M | 3.2M | |
Total Stockholder Equity | 22.3M | 29.7M | 33.7M | 33.6M | 38.6M | 22.1M | |
Net Debt | 1.8M | (2.5M) | (1.4M) | (77.7K) | (89.4K) | (93.8K) | |
Retained Earnings | (51.8M) | (54.9M) | (59.7M) | (61.6M) | (55.4M) | (52.7M) | |
Cash | 877.9K | 4.9M | 1.5M | 137.7K | 123.9K | 117.7K | |
Cash And Short Term Investments | 877.9K | 4.9M | 1.5M | 137.7K | 123.9K | 117.7K | |
Common Stock Shares Outstanding | 37.4M | 44.1M | 53.7M | 57.3M | 65.9M | 69.2M | |
Liabilities And Stockholders Equity | 28.7M | 35.6M | 39.8M | 38.9M | 44.7M | 25.6M | |
Other Stockholder Equity | 13.3M | 14.7M | 18.9M | 19.6M | 22.5M | 22.6M | |
Total Liab | 6.5M | 5.9M | 6.1M | 5.3M | 6.1M | 3.5M | |
Total Current Assets | 2.2M | 5.8M | 3.3M | 378.7K | 340.9K | 323.8K | |
Property Plant And Equipment Net | 24.8M | 28.0M | 35.3M | 37.8M | 43.5M | 23.3M | |
Non Current Assets Total | 26.5M | 29.8M | 36.6M | 38.5M | 44.3M | 24.9M | |
Non Currrent Assets Other | 1.7M | 1.9M | 1.2M | 701.9K | 807.2K | 766.9K | |
Net Receivables | 1.3M | 783.1K | 1.8M | 128.3K | 147.6K | 140.2K | |
Other Current Liab | 4.5M | 3.4M | 3.5M | 3.4M | 3.9M | 2.4M | |
Accounts Payable | 1.9M | 2.4M | 2.6M | 1.7M | 2.0M | 2.1M | |
Net Tangible Assets | 27.7M | 22.3M | 29.7M | 33.7M | 38.8M | 30.5M | |
Property Plant Equipment | 33.5M | 24.8M | 28.0M | 35.3M | 40.7M | 30.9M | |
Other Current Assets | 29.3K | 42.0K | 13.9K | 112.7K | 101.4K | 173.2K | |
Net Invested Capital | 22.3M | 29.7M | 33.8M | 33.7M | 38.7M | 32.2M | |
Net Working Capital | (4.2M) | (34.3K) | (2.7M) | (4.8M) | (4.3M) | (4.1M) |
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Additional Tools for Focus Stock Analysis
When running Focus Graphite's price analysis, check to measure Focus Graphite'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 Focus Graphite is operating at the current time. Most of Focus Graphite's value examination focuses on studying past and present price action to predict the probability of Focus Graphite's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Focus Graphite's price. Additionally, you may evaluate how the addition of Focus Graphite to your portfolios can decrease your overall portfolio volatility.