FTC Capex To Depreciation vs Income Quality Analysis

FTCI Stock  USD 0.41  0.01  2.50%   
FTC Solar financial indicator trend analysis is much more than just examining FTC Solar latest accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether FTC Solar is a good investment. Please check the relationship between FTC Solar Capex To Depreciation and its Income Quality accounts. Check out Investing Opportunities to better understand how to build diversified portfolios, which includes a position in FTC Solar. 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.
For more detail on how to invest in FTC Stock please use our How to Invest in FTC Solar guide.

Capex To Depreciation vs Income Quality

Capex To Depreciation vs Income Quality Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of FTC Solar Capex To Depreciation account and Income Quality. At this time, the significance of the direction appears to have weak relationship.
The correlation between FTC Solar's Capex To Depreciation and Income Quality is 0.37. Overlapping area represents the amount of variation of Capex To Depreciation that can explain the historical movement of Income Quality in the same time period over historical financial statements of FTC Solar, assuming nothing else is changed. The correlation between historical values of FTC Solar's Capex To Depreciation and Income Quality is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Capex To Depreciation of FTC Solar are associated (or correlated) with its Income Quality. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Income Quality has no effect on the direction of Capex To Depreciation i.e., FTC Solar's Capex To Depreciation and Income Quality go up and down completely randomly.

Correlation Coefficient

0.37
Relationship DirectionPositive 
Relationship StrengthVery Weak

Capex To Depreciation

The ratio of a company's capital expenditures to its depreciation expenses, indicating how much the company is investing in physical assets relative to the aging of existing assets.

Income Quality

An assessment of the sustainability of a company's earnings over time, considering factors like revenue source diversification and cost structure.
Most indicators from FTC Solar's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into FTC Solar 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 FTC Solar. 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.
For more detail on how to invest in FTC Stock please use our How to Invest in FTC Solar guide.As of now, FTC Solar's Tax Provision is increasing as compared to previous years. The FTC Solar's current Selling General Administrative is estimated to increase to about 40.3 M, while Issuance Of Capital Stock is projected to decrease to under 32.3 M.
 2021 2022 2023 2024 (projected)
Interest Expense814K978K253K240.4K
Depreciation And Amortization232K900K1.4M1.4M

FTC Solar fundamental ratios Correlations

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-0.84-0.93-0.89-0.82-0.93-0.81-0.880.740.790.83-0.64-0.79-0.85-0.98-0.641.0-0.79-0.8-0.84-0.750.84-0.49-0.93-0.87-0.87
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0.83-0.930.940.790.850.840.98-0.84-0.73-0.920.520.710.950.90.5-0.920.710.840.920.88-0.650.570.930.980.78
0.99-0.810.960.941.00.840.92-0.91-0.94-0.740.850.950.680.840.58-0.810.951.00.860.58-0.510.570.960.880.95
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0.86-0.840.920.790.870.920.860.96-0.96-0.7-0.970.520.740.890.830.32-0.850.740.870.87-0.570.620.910.970.8
0.56-0.750.740.50.580.880.580.84-0.76-0.36-0.960.10.370.930.670.08-0.760.370.60.87-0.590.390.730.870.48
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0.96-0.931.00.950.950.930.960.96-0.9-0.89-0.830.750.890.790.920.55-0.930.890.960.910.73-0.720.470.930.94
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FTC Solar Account Relationship Matchups

Currently Active Assets on Macroaxis

When determining whether FTC Solar offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of FTC Solar's financial statements, including income statements, balance sheets, and cash flow statements, to assess its financial health. Key financial ratios are used to gauge profitability, efficiency, and growth potential of Ftc Solar Stock. Outlined below are crucial reports that will aid in making a well-informed decision on Ftc Solar Stock:
Check out Investing Opportunities to better understand how to build diversified portfolios, which includes a position in FTC Solar. 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.
For more detail on how to invest in FTC Stock please use our How to Invest in FTC Solar guide.
You can also try the Portfolio Rebalancing module to analyze risk-adjusted returns against different time horizons to find asset-allocation targets.
Is Semiconductors & Semiconductor Equipment 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 FTC Solar. If investors know FTC 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 FTC Solar listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Earnings Share
(0.38)
Revenue Per Share
0.457
Quarterly Revenue Growth
(0.67)
Return On Assets
(0.26)
Return On Equity
(0.89)
The market value of FTC Solar is measured differently than its book value, which is the value of FTC that is recorded on the company's balance sheet. Investors also form their own opinion of FTC Solar's value that differs from its market value or its book value, called intrinsic value, which is FTC Solar'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 FTC Solar's market value can be influenced by many factors that don't directly affect FTC Solar'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 FTC Solar's value and its price as these two are different measures arrived at by different means. Investors typically determine if FTC Solar is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, FTC Solar'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.