Future Gross Profit vs Minority Interest Analysis

FTFT Stock  USD 0.44  0.01  2.33%   
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 Gross Profit and its Minority Interest 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.

Gross Profit vs Minority Interest

Gross Profit vs Minority Interest Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Future Fintech Group Gross Profit account and Minority Interest. At this time, the significance of the direction appears to have almost no relationship.
The correlation between Future Fintech's Gross Profit and Minority Interest is 0.16. Overlapping area represents the amount of variation of Gross Profit that can explain the historical movement of Minority Interest 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 Gross Profit and Minority Interest is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Gross Profit of Future Fintech Group are associated (or correlated) with its Minority Interest. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Minority Interest has no effect on the direction of Gross Profit i.e., Future Fintech's Gross Profit and Minority Interest go up and down completely randomly.

Correlation Coefficient

0.16
Relationship DirectionPositive 
Relationship StrengthInsignificant

Gross Profit

Gross profit is a required income statement account that reflects total revenue of Future Fintech Group minus its cost of goods sold. It is profit before Future Fintech operating expenses, interest payments and taxes. Gross profit is also known as gross margin. The profit a company makes after deducting the costs associated with making and selling its products, or the costs associated with providing its services.

Minority Interest

Minority Interest is the portion of a subsidiary corporation stock that is not owned by the parent corporation. The magnitude of the minority interest in the subsidiary company is generally less than 50% of outstanding shares, otherwise the corporation would generally cease to be a subsidiary of the parent. Minority Interest can also be called non-controlling interest.All shareholders of Future Fintech Group whose combined shares represent less than 50% of the total outstanding shares issued by Future Fintech have a minority interest in Future Fintech.
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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