| FTEC Stock | | | CAD 0.04 0.01 33.33% |
Fintech Select financial indicator trend analysis is much more than just examining Fintech Select latest accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Fintech Select is a good investment. Please check the relationship between Fintech Select Net Debt and its Cash accounts. Check out
Investing Opportunities to better understand how to build diversified portfolios, which includes a position in Fintech Select. 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 Debt vs Cash
Net Debt vs Cash Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of
Fintech Select Net Debt account and
Cash. At this time, the significance of the direction appears to have weak contrarian relationship.
The correlation between Fintech Select's Net Debt and Cash is -0.01. Overlapping area represents the amount of variation of Net Debt that can explain the historical movement of Cash in the same time period over historical financial statements of Fintech Select, assuming nothing else is changed. The correlation between historical values of Fintech Select's Net Debt and Cash 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 Debt of Fintech Select are associated (or correlated) with its Cash. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Cash has no effect on the direction of Net Debt i.e., Fintech Select's Net Debt and Cash go up and down completely randomly.
Correlation Coefficient | -0.01 |
| Relationship Direction | Negative |
| Relationship Strength | Insignificant |
Net Debt
The total debt of a company minus its cash and cash equivalents. It represents the actual debt burden on the company after accounting for the liquid assets it holds.
Cash
Cash refers to the most liquid asset of Fintech Select, which is listed under current asset account on Fintech Select balance sheet and usually includes currency, coins, checking accounts, and not deposited checks received from Fintech Select customers. The amounts must be unrestricted with restricted cash listed in a different Fintech Select account. The total amount of money in the form of currency that a company has in its possession. This includes all bills, coins, and funds in bank accounts.
Most indicators from Fintech Select's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Fintech Select 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 Fintech Select. 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.
Selling General Administrative is likely to drop to about 3
M in 2024.
Issuance Of Capital Stock is expected to grow at the current pace this year
Fintech Select fundamental ratios Correlations
Click cells to compare fundamentals
Fintech Select Account Relationship Matchups
High Positive Relationship
High Negative Relationship
Fintech Select fundamental ratios Accounts
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Additional Tools for Fintech Stock Analysis
When running Fintech Select's price analysis, check to
measure Fintech Select'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 Fintech Select is operating at the current time. Most of Fintech Select's value examination focuses on studying past and present price action to
predict the probability of Fintech Select's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Fintech Select's price. Additionally, you may evaluate how the addition of Fintech Select to your portfolios can decrease your overall portfolio volatility.