FSCO Net Invested Capital vs Accounts Payable Analysis
| FSCO Stock | 6.77 0.13 1.96% |
FS Credit financial indicator trend analysis is much more than just examining FS Credit Opportunities latest accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether FS Credit Opportunities is a good investment. Please check the relationship between FS Credit Net Invested Capital and its Accounts Payable accounts. Check out Investing Opportunities to better understand how to build diversified portfolios, which includes a position in FS Credit Opportunities. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in main economic indicators.
Net Invested Capital vs Accounts Payable
Net Invested Capital vs Accounts Payable Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of FS Credit Opportunities Net Invested Capital account and Accounts Payable. At this time, the significance of the direction appears to have pay attention.
The correlation between FS Credit's Net Invested Capital and Accounts Payable is -0.83. Overlapping area represents the amount of variation of Net Invested Capital that can explain the historical movement of Accounts Payable in the same time period over historical financial statements of FS Credit Opportunities, assuming nothing else is changed. The correlation between historical values of FS Credit's Net Invested Capital and Accounts Payable is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Net Invested Capital of FS Credit Opportunities are associated (or correlated) with its Accounts Payable. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Accounts Payable has no effect on the direction of Net Invested Capital i.e., FS Credit's Net Invested Capital and Accounts Payable go up and down completely randomly.
Correlation Coefficient | -0.83 |
| Relationship Direction | Negative |
| Relationship Strength | Significant |
Net Invested Capital
The total amount of capital invested in a company, including both equity and debt, minus any cash or cash equivalents.Accounts Payable
An accounting item on the balance sheet that represents FS Credit obligation to pay off a short-term debt to its creditors. The accounts payable entry is usually reported under current liabilities. If accounts payable of FS Credit Opportunities are not paid within the agreed terms, the payables are considered to be in default, which may trigger a penalty or interest payment, or the revocation of additional credit from the supplier. Accounts payable may also be considered a source of cash, since they represent funds being borrowed from suppliers. Given these cash flow considerations, suppliers have a natural inclination to push for shorter payment terms, while creditors want to lengthen the payment terms. The amount a company owes to suppliers or vendors for products or services received but not yet paid for. It represents the company's short-term liabilities.Most indicators from FS Credit's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into FS Credit Opportunities 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 FS Credit Opportunities. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in main economic indicators. At this time, FS Credit's Tax Provision is very stable compared to the past year. As of the 29th of November 2024, Sales General And Administrative To Revenue is likely to grow to 0.05, while Selling General Administrative is likely to drop about 9.8 M.
| 2010 | 2023 | 2024 (projected) | Net Interest Income | 184.6M | 196.6M | 209.7M | Tax Provision | 4.1M | 4.5M | 4.7M |
FS Credit fundamental ratios Correlations
Click cells to compare fundamentals
FS Credit Account Relationship Matchups
High Positive Relationship
High Negative Relationship
Pair Trading with FS Credit
One of the main advantages of trading using pair correlations is that every trade hedges away some risk. Because there are two separate transactions required, even if FS Credit position performs unexpectedly, the other equity can make up some of the losses. Pair trading also minimizes risk from directional movements in the market. For example, if an entire industry or sector drops because of unexpected headlines, the short position in FS Credit will appreciate offsetting losses from the drop in the long position's value.Moving together with FSCO Stock
Moving against FSCO Stock
| 0.82 | RC | Ready Capital Corp | PairCorr |
| 0.76 | BRACU | Broad Capital Acquisition | PairCorr |
| 0.48 | PFTAU | Portage Fintech Acqu | PairCorr |
| 0.38 | TETEW | Technology Telecommunicatio | PairCorr |
| 0.36 | EMCGU | Embrace Change Acqui | PairCorr |
The ability to find closely correlated positions to FS Credit could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace FS Credit when you sell it. If you don't do this, your portfolio allocation will be skewed against your target asset allocation. So, investors can't just sell and buy back FS Credit - that would be a violation of the tax code under the "wash sale" rule, and this is why you need to find a similar enough asset and use the proceeds from selling FS Credit Opportunities to buy it.
The correlation of FS Credit is a statistical measure of how it moves in relation to other instruments. This measure is expressed in what is known as the correlation coefficient, which ranges between -1 and +1. A perfect positive correlation (i.e., a correlation coefficient of +1) implies that as FS Credit moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if FS Credit Opportunities moves in either direction, the perfectly negatively correlated security will move in the opposite direction. If the correlation is 0, the equities are not correlated; they are entirely random. A correlation greater than 0.8 is generally described as strong, whereas a correlation less than 0.5 is generally considered weak.
Correlation analysis and pair trading evaluation for FS Credit can also be used as hedging techniques within a particular sector or industry or even over random equities to generate a better risk-adjusted return on your portfolios.Check out Investing Opportunities to better understand how to build diversified portfolios, which includes a position in FS Credit Opportunities. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in main economic indicators. You can also try the Pair Correlation module to compare performance and examine fundamental relationship between any two equity instruments.
Is Asset Management & Custody Banks space expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of FS Credit. If investors know FSCO will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about FS Credit listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Earnings Share 1.16 |
The market value of FS Credit Opportunities is measured differently than its book value, which is the value of FSCO that is recorded on the company's balance sheet. Investors also form their own opinion of FS Credit's value that differs from its market value or its book value, called intrinsic value, which is FS Credit's true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because FS Credit's market value can be influenced by many factors that don't directly affect FS Credit's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between FS Credit's value and its price as these two are different measures arrived at by different means. Investors typically determine if FS Credit is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, FS Credit's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.