Fobi Capital Lease Obligations vs Long Term Debt Analysis

FOBI Stock

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Fobi AI financial indicator trend analysis is much more than just examining Fobi AI latest accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Fobi AI is a good investment. Please check the relationship between Fobi AI Capital Lease Obligations and its Long Term Debt accounts. Check out Investing Opportunities to better understand how to build diversified portfolios, which includes a position in Fobi AI. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in gross domestic product.

Capital Lease Obligations vs Long Term Debt

Capital Lease Obligations vs Long Term Debt Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Fobi AI Capital Lease Obligations account and Long Term Debt. At this time, the significance of the direction appears to have strong contrarian relationship.

The correlation between Fobi AI's Capital Lease Obligations and Long Term Debt is -0.64. Overlapping area represents the amount of variation of Capital Lease Obligations that can explain the historical movement of Long Term Debt in the same time period over historical financial statements of Fobi AI, assuming nothing else is changed. The correlation between historical values of Fobi AI's Capital Lease Obligations and Long Term Debt is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Capital Lease Obligations of Fobi AI are associated (or correlated) with its Long Term Debt. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Long Term Debt has no effect on the direction of Capital Lease Obligations i.e., Fobi AI's Capital Lease Obligations and Long Term Debt go up and down completely randomly.

Correlation Coefficient

-0.64

Relationship Direction	Negative
Relationship Strength	Weak

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Capital Lease Obligations

Fobi AI capital lease obligations are the amount due for long-term lease agreements that are nearly equivalent to Fobi AI asset purchases. For example, Fobi AI can use a capital lease to finance the purchase of an asset without ever buying it. A capital lease gives companies such as Fobi AI control over an asset for a big portion of its life. The total obligations of a company under capital leases, which are lease agreements that transfer substantially all risks and rewards of ownership to the lessee.

Long Term Debt

Long-term debt is a debt that Fobi AI has held for over one year. Long-term debt appears on Fobi AI balance sheet and also includes long-term leases. The most common forms of long term debt are bonds payable, long-term notes payable, mortgage payable, pension liabilities, and lease liabilities. In the corporate world, long-term debt is generally used to fund big-ticket items, such as machinery, buildings, and land. The total of long-term debt reported on Fobi AI balance sheet is the sum of the balances of all categories of long-term debt. Debt that is not due within the current year and is often considered to be financing activities that are to be repaid over several years.

Most indicators from Fobi AI's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Fobi AI 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 Fobi AI. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in gross domestic product.

At this time, Fobi AI's Selling General Administrative is fairly stable compared to the past year. Issuance Of Capital Stock is likely to climb to about 3 M in 2024, whereas Tax Provision is likely to drop (67.4 K) in 2024.

	2021	2022	2023	2024 (projected)
Reconciled Depreciation	1.4M	1.9M	2.1M	2.2M
Research Development	1.0M	528.6K	607.9K	516.0K

Reconciled Depreciation Research Development

Fobi AI fundamental ratios Correlations

	Total Assets	Other Current Liab	Total Current Liabilities	Total Stockholder Equity	Net Tangible Assets	Retained Earnings	Accounts Payable	Cash	Net Receivables	Common Stock Shares Outstanding	Total Liab	Net Invested Capital	Total Current Assets	Net Working Capital	Common Stock	Property Plant Equipment	Net Debt	Other Assets	Long Term Debt	Other Stockholder Equity	Short Long Term Debt	Capital Stock	Property Plant And Equipment Net	Capital Lease Obligations	Property Plant And Equipment Gross	Other Liab
Total Assets		-0.93	0.36	0.96	0.46	-0.77	0.32	0.75	-0.58	0.83	0.6	0.97	0.44	0.59	0.85	0.89	0.83	-0.79	-0.27	0.83	-0.4	0.8	0.97	0.74	0.79	-0.59
Other Current Liab	-0.93		-0.17	-0.91	-0.54	0.76	-0.14	-0.64	0.81	-0.79	-0.5	-0.9	-0.37	-0.49	-0.83	-0.86	-0.74	0.73	0.34	-0.67	0.63	-0.86	-0.9	-0.83	-0.84	0.67
Total Current Liabilities	0.36	-0.17		0.14	-0.61	-0.72	0.96	-0.1	0.22	0.73	0.85	0.16	-0.49	-0.31	0.66	0.6	0.7	-0.71	-0.35	0.66	0.27	0.55	0.32	0.52	0.54	-0.59
Total Stockholder Equity	0.96	-0.91	0.14		0.63	-0.61	0.12	0.84	-0.67	0.67	0.37	1.0	0.61	0.75	0.71	0.76	0.65	-0.62	-0.19	0.68	-0.51	0.67	0.95	0.62	0.66	-0.43
Net Tangible Assets	0.46	-0.54	-0.61	0.63		0.09	-0.55	0.8	-0.59	-0.03	-0.3	0.62	0.88	0.83	0.02	0.16	0.03	-0.02	0.04	0.13	-0.43	0.06	0.45	0.07	0.02	0.21
Retained Earnings	-0.77	0.76	-0.72	-0.61	0.09		-0.66	-0.21	0.48	-0.96	-0.85	-0.62	0.22	0.02	-0.95	-0.95	-0.87	0.92	0.54	-0.78	0.34	-0.95	-0.75	-0.92	-0.95	0.91
Accounts Payable	0.32	-0.14	0.96	0.12	-0.55	-0.66		-0.02	0.19	0.7	0.76	0.14	-0.44	-0.23	0.61	0.55	0.64	-0.65	-0.34	0.62	0.27	0.5	0.25	0.48	0.45	-0.47
Cash	0.75	-0.64	-0.1	0.84	0.8	-0.21	-0.02		-0.41	0.35	0.07	0.85	0.88	0.96	0.36	0.42	0.41	-0.32	0.09	0.54	-0.22	0.27	0.67	0.22	0.21	0.08
Net Receivables	-0.58	0.81	0.22	-0.67	-0.59	0.48	0.19	-0.41		-0.41	-0.02	-0.65	-0.25	-0.35	-0.48	-0.54	-0.24	0.34	0.4	-0.14	0.94	-0.6	-0.63	-0.65	-0.61	0.51
Common Stock Shares Outstanding	0.83	-0.79	0.73	0.67	-0.03	-0.96	0.7	0.35	-0.41		0.88	0.68	-0.08	0.12	0.99	0.94	0.95	-0.92	-0.41	0.86	-0.25	0.95	0.77	0.9	0.92	-0.83
Total Liab	0.6	-0.5	0.85	0.37	-0.3	-0.85	0.76	0.07	-0.02	0.88		0.39	-0.29	-0.17	0.84	0.81	0.93	-0.9	-0.37	0.86	0.15	0.8	0.52	0.74	0.77	-0.76
Net Invested Capital	0.97	-0.9	0.16	1.0	0.62	-0.62	0.14	0.85	-0.65	0.68	0.39		0.61	0.74	0.72	0.77	0.67	-0.64	-0.2	0.7	-0.49	0.67	0.95	0.62	0.66	-0.43
Total Current Assets	0.44	-0.37	-0.49	0.61	0.88	0.22	-0.44	0.88	-0.25	-0.08	-0.29	0.61		0.96	-0.04	0.02	0.04	0.09	0.36	0.18	-0.13	-0.1	0.39	-0.16	-0.15	0.41
Net Working Capital	0.59	-0.49	-0.31	0.75	0.83	0.02	-0.23	0.96	-0.35	0.12	-0.17	0.74	0.96		0.15	0.19	0.18	-0.06	0.27	0.31	-0.23	0.06	0.54	0.0	0.01	0.27
Common Stock	0.85	-0.83	0.66	0.71	0.02	-0.95	0.61	0.36	-0.48	0.99	0.84	0.72	-0.04	0.15		0.93	0.93	-0.89	-0.36	0.81	-0.35	0.97	0.79	0.91	0.95	-0.86
Property Plant Equipment	0.89	-0.86	0.6	0.76	0.16	-0.95	0.55	0.42	-0.54	0.94	0.81	0.77	0.02	0.19	0.93		0.9	-0.97	-0.58	0.86	-0.35	0.93	0.88	0.92	0.92	-0.82
Net Debt	0.83	-0.74	0.7	0.65	0.03	-0.87	0.64	0.41	-0.24	0.95	0.93	0.67	0.04	0.18	0.93	0.9		-0.93	-0.31	0.95	-0.03	0.87	0.73	0.8	0.83	-0.72
Other Assets	-0.79	0.73	-0.71	-0.62	-0.02	0.92	-0.65	-0.32	0.34	-0.92	-0.9	-0.64	0.09	-0.06	-0.89	-0.97	-0.93		0.62	-0.9	0.12	-0.87	-0.77	-0.88	-0.85	0.78
Long Term Debt	-0.27	0.34	-0.35	-0.19	0.04	0.54	-0.34	0.09	0.4	-0.41	-0.37	-0.2	0.36	0.27	-0.36	-0.58	-0.31	0.62		-0.28	0.29	-0.46	-0.41	-0.64	-0.48	0.55
Other Stockholder Equity	0.83	-0.67	0.66	0.68	0.13	-0.78	0.62	0.54	-0.14	0.86	0.86	0.7	0.18	0.31	0.81	0.86	0.95	-0.9	-0.28		0.11	0.73	0.74	0.65	0.67	-0.54
Short Long Term Debt	-0.4	0.63	0.27	-0.51	-0.43	0.34	0.27	-0.22	0.94	-0.25	0.15	-0.49	-0.13	-0.23	-0.35	-0.35	-0.03	0.12	0.29	0.11		-0.46	-0.49	-0.51	-0.52	0.46
Capital Stock	0.8	-0.86	0.55	0.67	0.06	-0.95	0.5	0.27	-0.6	0.95	0.8	0.67	-0.1	0.06	0.97	0.93	0.87	-0.87	-0.46	0.73	-0.46		0.76	0.97	0.98	-0.92
Property Plant And Equipment Net	0.97	-0.9	0.32	0.95	0.45	-0.75	0.25	0.67	-0.63	0.77	0.52	0.95	0.39	0.54	0.79	0.88	0.73	-0.77	-0.41	0.74	-0.49	0.76		0.74	0.78	-0.61
Capital Lease Obligations	0.74	-0.83	0.52	0.62	0.07	-0.92	0.48	0.22	-0.65	0.9	0.74	0.62	-0.16	0.0	0.91	0.92	0.8	-0.88	-0.64	0.65	-0.51	0.97	0.74		0.96	-0.91
Property Plant And Equipment Gross	0.79	-0.84	0.54	0.66	0.02	-0.95	0.45	0.21	-0.61	0.92	0.77	0.66	-0.15	0.01	0.95	0.92	0.83	-0.85	-0.48	0.67	-0.52	0.98	0.78	0.96		-0.96
Other Liab	-0.59	0.67	-0.59	-0.43	0.21	0.91	-0.47	0.08	0.51	-0.83	-0.76	-0.43	0.41	0.27	-0.86	-0.82	-0.72	0.78	0.55	-0.54	0.46	-0.92	-0.61	-0.91	-0.96

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Fobi AI Account Relationship Matchups

Fobi AI fundamental ratios Accounts

	2019	2020	2021	2022	2023	2024 (projected)
Total Assets	1.7M	11.7M	8.5M	5.0M	5.7M	4.9M
Total Current Liabilities	2.9M	684.3K	2.0M	1.9M	2.2M	1.9M
Total Stockholder Equity	(1.2M)	10.7M	6.3M	2.6M	3.0M	3.3M
Net Tangible Assets	(1.5M)	(1.2M)	8.3M	856.5K	985.0K	1.9M
Retained Earnings	(28.0M)	(39.1M)	(58.2M)	(71.0M)	(63.9M)	(60.7M)
Accounts Payable	1.8M	504.6K	710.7K	1.3M	1.4M	1.1M
Cash	174.3K	7.5M	1.0M	126.2K	145.2K	137.9K
Non Current Assets Total	67.7K	2.7M	5.6M	4.5M	5.1M	5.4M
Net Receivables	1.1M	83.3K	355.0K	203.5K	183.2K	174.0K
Common Stock Shares Outstanding	91.4M	134.9M	147.7M	166.4M	191.3M	111.0M
Non Current Liabilities Total	8.0K	293.9K	162.4K	485.1K	557.9K	585.8K
Total Liab	2.9M	978.2K	2.2M	2.4M	2.8M	1.6M
Net Invested Capital	(794.5K)	10.7M	6.3M	2.6M	3.0M	3.4M
Total Current Assets	1.6M	9.0M	2.9M	520.8K	598.9K	569.0K
Net Working Capital	(1.3M)	8.3M	868.4K	(1.4M)	(1.6M)	(1.5M)
Common Stock	19.4M	23.5M	42.4M	50.8M	58.4M	31.8M
Property Plant Equipment	4.9K	67.7K	159.7K	150.5K	173.1K	181.7K
Capital Stock	23.5M	42.4M	50.8M	56.6M	65.1M	42.3M

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