Future Free Cash Flow vs Depreciation Analysis

FTFT Stock  USD 0.40  0.04  9.09%   
Future Fintech financial indicator trend analysis is much more than just examining Future Fintech Group latest accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Future Fintech Group is a good investment. Please check the relationship between Future Fintech Free Cash Flow and its Depreciation accounts. Check out Investing Opportunities to better understand how to build diversified portfolios, which includes a position in Future Fintech Group. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in census.

Free Cash Flow vs Depreciation

Free Cash Flow vs Depreciation Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Future Fintech Group Free Cash Flow account and Depreciation. At this time, the significance of the direction appears to have fragmental relationship.
The correlation between Future Fintech's Free Cash Flow and Depreciation is 0.44. Overlapping area represents the amount of variation of Free Cash Flow that can explain the historical movement of Depreciation in the same time period over historical financial statements of Future Fintech Group, assuming nothing else is changed. The correlation between historical values of Future Fintech's Free Cash Flow and Depreciation is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Free Cash Flow of Future Fintech Group are associated (or correlated) with its Depreciation. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Depreciation has no effect on the direction of Free Cash Flow i.e., Future Fintech's Free Cash Flow and Depreciation go up and down completely randomly.

Correlation Coefficient

0.44
Relationship DirectionPositive 
Relationship StrengthWeak

Free Cash Flow

The amount of cash a company generates after accounting for cash outflows to support operations and maintain its capital assets.

Depreciation

Depreciation indicates how much of Future Fintech Group value has been used up. For tax purposes Future Fintech can deduct the cost of the tangible assets it purchases as business expenses. However, Future Fintech Group must depreciate these assets in accordance with IRS rules about how and when the deduction may be taken, and how long it will last. The systematic allocation of the cost of a tangible asset over its useful life.
Most indicators from Future Fintech's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Future Fintech Group 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 Future Fintech Group. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in census.
Selling General Administrative is likely to gain to about 15.7 M in 2024, whereas Discontinued Operations is likely to drop (185.95) in 2024.
 2021 2022 2023 2024 (projected)
Cost Of Revenue23.2M18.5M30.0M24.0M
Depreciation And Amortization1.5M248.7K330.1K313.6K

Future Fintech fundamental ratios Correlations

-0.010.330.80.020.80.610.61-0.610.36-0.330.310.88-0.070.730.330.570.370.880.950.690.930.620.660.890.1
-0.010.64-0.440.54-0.19-0.43-0.430.050.120.110.65-0.22-0.220.320.150.050.61-0.160.030.060.13-0.35-0.190.19-0.16
0.330.64-0.290.760.05-0.31-0.320.080.28-0.421.00.0-0.150.80.770.60.90.310.460.560.530.320.170.49-0.19
0.8-0.44-0.29-0.470.790.830.83-0.650.19-0.1-0.30.90.050.24-0.150.25-0.190.720.680.380.620.460.570.590.23
0.020.540.76-0.47-0.15-0.76-0.760.230.01-0.280.79-0.43-0.280.640.610.190.560.180.20.330.320.270.220.17-0.05
0.8-0.190.050.79-0.150.610.6-0.690.19-0.620.040.73-0.180.50.140.50.190.760.830.550.780.590.580.64-0.04
0.61-0.43-0.310.83-0.760.611.0-0.50.22-0.07-0.340.890.260.01-0.210.34-0.150.450.460.20.340.260.270.40.05
0.61-0.43-0.320.83-0.760.61.0-0.50.23-0.06-0.350.890.270.01-0.210.33-0.150.450.460.210.340.260.270.40.06
-0.610.050.08-0.650.23-0.69-0.5-0.5-0.720.20.09-0.610.47-0.220.08-0.18-0.01-0.44-0.52-0.3-0.5-0.18-0.35-0.550.02
0.360.120.280.190.010.190.220.23-0.72-0.090.260.36-0.390.260.180.30.250.210.280.250.280.090.140.43-0.04
-0.330.11-0.42-0.1-0.28-0.62-0.07-0.060.2-0.09-0.41-0.140.18-0.54-0.51-0.72-0.48-0.47-0.54-0.55-0.48-0.66-0.35-0.280.34
0.310.651.0-0.30.790.04-0.34-0.350.090.26-0.41-0.03-0.140.80.770.560.90.30.450.540.530.30.180.48-0.2
0.88-0.220.00.9-0.430.730.890.89-0.610.36-0.14-0.030.070.370.030.470.140.690.750.480.670.420.480.750.14
-0.07-0.22-0.150.05-0.28-0.180.260.270.47-0.390.18-0.140.07-0.11-0.130.04-0.12-0.01-0.11-0.09-0.120.090.01-0.17-0.17
0.730.320.80.240.640.50.010.01-0.220.26-0.540.80.37-0.110.680.70.70.80.830.740.890.720.640.72-0.01
0.330.150.77-0.150.610.14-0.21-0.210.080.18-0.510.770.03-0.130.680.420.650.330.450.520.510.410.160.38-0.14
0.570.050.60.250.190.50.340.33-0.180.3-0.720.560.470.040.70.420.620.640.680.620.60.740.450.56-0.22
0.370.610.9-0.190.560.19-0.15-0.15-0.010.25-0.480.90.14-0.120.70.650.620.240.480.540.510.220.120.58-0.34
0.88-0.160.310.720.180.760.450.45-0.440.21-0.470.30.69-0.010.80.330.640.240.920.690.90.870.820.70.17
0.950.030.460.680.20.830.460.46-0.520.28-0.540.450.75-0.110.830.450.680.480.920.820.970.730.660.860.01
0.690.060.560.380.330.550.20.21-0.30.25-0.550.540.48-0.090.740.520.620.540.690.820.760.60.510.66-0.06
0.930.130.530.620.320.780.340.34-0.50.28-0.480.530.67-0.120.890.510.60.510.90.970.760.690.70.850.06
0.62-0.350.320.460.270.590.260.26-0.180.09-0.660.30.420.090.720.410.740.220.870.730.60.690.760.470.03
0.66-0.190.170.570.220.580.270.27-0.350.14-0.350.180.480.010.640.160.450.120.820.660.510.70.760.540.12
0.890.190.490.590.170.640.40.4-0.550.43-0.280.480.75-0.170.720.380.560.580.70.860.660.850.470.54-0.15
0.1-0.16-0.190.23-0.05-0.040.050.060.02-0.040.34-0.20.14-0.17-0.01-0.14-0.22-0.340.170.01-0.060.060.030.12-0.15
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Future Fintech Account Relationship Matchups

Future Fintech fundamental ratios Accounts

201920202021202220232024 (projected)
Other Current Liab99.1M5.6M6.1M11.1M15.1M15.0M
Cash And Short Term Investments253.8K9.8M52.5M27.1M20.0M25.2M
Common Stock Shares Outstanding22.0M43.1M13.6M14.5M14.8M8.2M
Liabilities And Stockholders Equity62.9M15.9M91.7M85.0M60.9M108.3M
Other Stockholder Equity105.7M133.5M220.5M222.8M233.9M245.6M
Short Long Term Debt Total38.3M1.8M1.3M4.6M2.4M2.3M
Long Term Debt32.5M1.3M183.9K188.2K216.4K205.6K
Non Currrent Assets Other1K62.5K(18.9M)(20.0M)(18.0M)(17.1M)
Accumulated Other Comprehensive Income(9.0M)(398.0K)(536.5K)(3.5M)(4.0M)(3.8M)
Property Plant Equipment17.9K16.7K3.3M5.5M6.3M6.0M
Intangible Assets21.4B41.2M76.1K518.1K589.0K559.5K
Net Tangible Assets(97.8M)8.7M65.8M52.5M47.2M63.8M
Noncontrolling Interest In Consolidated Entity20.3M4.6M4.4M(47.5K)(54.6K)(51.8K)
Retained Earnings Total Equity(2.3M)(188.1M)(213.3M)(124.4M)(111.9M)(106.3M)
Capital Surpluse109.1M105.7M107.9M133.5M153.5M94.3M

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When running Future Fintech's price analysis, check to measure Future Fintech'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 Future Fintech is operating at the current time. Most of Future Fintech's value examination focuses on studying past and present price action to predict the probability of Future Fintech's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Future Fintech's price. Additionally, you may evaluate how the addition of Future Fintech to your portfolios can decrease your overall portfolio volatility.