Future Other Non Cash Items vs Change To Inventory Analysis

FTFT Stock  USD 0.25  0.01  3.85%   
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 Other Non Cash Items and its Change To Inventory 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.

Other Non Cash Items vs Change To Inventory

Other Non Cash Items vs Change To Inventory Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Future Fintech Group Other Non Cash Items account and Change To Inventory. At this time, the significance of the direction appears to have significant contrarian relationship.
The correlation between Future Fintech's Other Non Cash Items and Change To Inventory is -0.38. Overlapping area represents the amount of variation of Other Non Cash Items that can explain the historical movement of Change To Inventory 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 Other Non Cash Items and Change To Inventory is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Other Non Cash Items of Future Fintech Group are associated (or correlated) with its Change To Inventory. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Change To Inventory has no effect on the direction of Other Non Cash Items i.e., Future Fintech's Other Non Cash Items and Change To Inventory go up and down completely randomly.

Correlation Coefficient

-0.38
Relationship DirectionNegative 
Relationship StrengthInsignificant

Other Non Cash Items

Change To Inventory

The increase or decrease in the amount of inventory a company has over a certain period.
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 drop to about 7.1 M in 2025. Discontinued Operations is likely to drop to -185.95 in 2025
 2022 2023 2024 2025 (projected)
Cost Of Revenue18.5M30.0M27.0M24.0M
Depreciation And Amortization248.7K330.1K379.7K360.7K

Future Fintech fundamental ratios Correlations

-0.010.350.80.030.820.620.61-0.630.34-0.360.340.87-0.070.740.350.590.390.890.950.70.940.640.870.10.95
-0.010.64-0.440.54-0.18-0.42-0.430.040.120.080.65-0.22-0.230.320.160.050.6-0.150.030.060.13-0.330.19-0.160.03
0.350.64-0.280.760.05-0.3-0.310.030.27-0.390.990.0-0.180.790.770.590.890.320.460.550.520.320.47-0.180.46
0.8-0.44-0.28-0.470.790.830.83-0.660.19-0.12-0.290.90.040.25-0.130.25-0.170.710.680.380.610.460.580.240.68
0.030.540.76-0.47-0.13-0.75-0.750.210.01-0.270.78-0.43-0.290.640.610.20.560.190.20.330.320.270.17-0.050.2
0.82-0.180.050.79-0.130.610.6-0.740.17-0.640.070.72-0.230.520.170.530.240.770.840.570.790.610.61-0.030.84
0.62-0.42-0.30.83-0.750.611.0-0.520.22-0.1-0.320.890.250.03-0.20.35-0.120.460.460.220.350.270.40.060.46
0.61-0.43-0.310.83-0.750.61.0-0.510.22-0.09-0.330.890.260.03-0.190.34-0.130.460.460.220.350.270.390.060.46
-0.630.040.03-0.660.21-0.74-0.52-0.51-0.690.310.03-0.630.46-0.290.02-0.26-0.09-0.49-0.57-0.36-0.55-0.24-0.550.0-0.57
0.340.120.270.190.010.170.220.22-0.69-0.040.240.36-0.370.240.170.270.220.20.260.230.260.070.44-0.040.26
-0.360.08-0.39-0.12-0.27-0.64-0.1-0.090.31-0.04-0.43-0.150.24-0.57-0.53-0.74-0.53-0.49-0.57-0.57-0.53-0.67-0.230.26-0.56
0.340.650.99-0.290.780.07-0.32-0.330.030.24-0.43-0.02-0.180.810.780.580.90.320.470.550.540.330.46-0.180.46
0.87-0.220.00.9-0.430.720.890.89-0.630.36-0.15-0.020.040.370.040.470.150.690.740.480.670.420.740.140.74
-0.07-0.23-0.180.04-0.29-0.230.250.260.46-0.370.24-0.180.04-0.16-0.16-0.02-0.17-0.05-0.15-0.13-0.170.04-0.19-0.18-0.15
0.740.320.790.250.640.520.030.03-0.290.24-0.570.810.37-0.160.690.710.710.810.840.750.90.740.690.00.84
0.350.160.77-0.130.610.17-0.2-0.190.020.17-0.530.780.04-0.160.690.450.660.350.470.530.530.440.37-0.130.46
0.590.050.590.250.20.530.350.34-0.260.27-0.740.580.47-0.020.710.450.640.650.70.640.620.760.52-0.190.7
0.390.60.89-0.170.560.24-0.12-0.13-0.090.22-0.530.90.15-0.170.710.660.640.280.50.560.530.270.55-0.310.5
0.89-0.150.320.710.190.770.460.46-0.490.2-0.490.320.69-0.050.810.350.650.280.920.710.910.880.680.180.92
0.950.030.460.680.20.840.460.46-0.570.26-0.570.470.74-0.150.840.470.70.50.920.830.970.750.830.021.0
0.70.060.550.380.330.570.220.22-0.360.23-0.570.550.48-0.130.750.530.640.560.710.830.780.620.64-0.040.83
0.940.130.520.610.320.790.350.35-0.550.26-0.530.540.67-0.170.90.530.620.530.910.970.780.710.810.080.97
0.64-0.330.320.460.270.610.270.27-0.240.07-0.670.330.420.040.740.440.760.270.880.750.620.710.450.040.74
0.870.190.470.580.170.610.40.39-0.550.44-0.230.460.74-0.190.690.370.520.550.680.830.640.810.45-0.160.83
0.1-0.16-0.180.24-0.05-0.030.060.060.0-0.040.26-0.180.14-0.180.0-0.13-0.19-0.310.180.02-0.040.080.04-0.160.02
0.950.030.460.680.20.840.460.46-0.570.26-0.560.460.74-0.150.840.460.70.50.921.00.830.970.740.830.02
Click cells to compare fundamentals

Future Fintech Account Relationship Matchups

Future Fintech fundamental ratios Accounts

202020212022202320242025 (projected)
Total Assets15.9M91.7M85.0M60.9M70.1M108.7M
Other Current Liab5.6M6.1M11.1M15.1M17.4M15.0M
Total Current Liabilities5.2M7.2M18.6M17.7M20.4M37.1M
Total Stockholder Equity8.8M81.4M67.0M44.0M50.6M59.8M
Net Debt(7.9M)(49.0M)(21.5M)(16.6M)(15.0M)(14.2M)
Retained Earnings(124.4M)(138.6M)(152.3M)(185.9M)(167.3M)(159.0M)
Cash9.8M50.3M26.1M19.0M21.9M24.9M
Cash And Short Term Investments9.8M52.5M27.1M20.0M23.0M25.2M
Common Stock Shares Outstanding43.1M13.6M14.5M14.8M17.0M17.9M
Liabilities And Stockholders Equity15.9M91.7M85.0M60.9M70.1M108.3M
Inventory(5.6B)2.7M7.4M2.7M2.5M2.6M
Other Stockholder Equity133.5M220.5M222.8M233.9M269.0M282.4M
Total Liab7.2M10.8M19.3M18.5M21.3M20.2M
Total Current Assets15.5M72.7M65.1M54.5M62.7M56.8M
Common Stock50.1K70.1K14.6K17.8K20.5K37.0K
Short Long Term Debt Total1.8M1.3M4.6M2.4M2.8M2.6M
Long Term Debt32.5M1.3M183.9K188.2K216.4K205.6K
Non Current Liabilities Total2.0M3.6M761.0K797.3K916.9K871.1K
Short Term Debt1.3M1.1M3.9M1.6M1.8M1.7M
Property Plant And Equipment Net308.1K3.3M5.5M5.9M6.7M6.4M
Accounts Payable76.079.03.6M728.0K837.2K795.4K
Non Current Assets Total411.8K18.9M20.0M6.5M7.4M7.0M
Non Currrent Assets Other1K62.5K(18.9M)(20.0M)(18.0M)(17.1M)
Net Receivables114.0K17.3M7.8M30.7M35.3M29.4M
Other Current Assets6.2M245K30.4M3.8M3.5M3.3M
Property Plant And Equipment Gross16.733.4M5.8M6.6M7.6M7.2M
Accumulated Other Comprehensive Income(398.0K)(536.5K)(3.5M)(4.0M)(3.6M)(3.4M)
Property Plant Equipment17.9K16.7K3.3M5.5M6.3M6.0M
Current Deferred Revenue29.0K2.9K1.2M306.3K275.7K477.0K
Intangible Assets41.2M76.1K518.1K589.0K677.3K643.5K
Net Tangible Assets(97.8M)8.7M65.8M52.5M47.2M63.8M

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Additional Tools for Future Stock Analysis

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.