Future Selling General Administrative vs Net Income 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 Selling General Administrative and its Net Income 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.

Selling General Administrative vs Net Income

Selling General Administrative vs Net Income Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Future Fintech Group Selling General Administrative account and Net Income. At this time, the significance of the direction appears to have significant contrarian relationship.
The correlation between Future Fintech's Selling General Administrative and Net Income is -0.32. Overlapping area represents the amount of variation of Selling General Administrative that can explain the historical movement of Net Income 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 Selling General Administrative and Net Income is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Selling General Administrative of Future Fintech Group are associated (or correlated) with its Net Income. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Net Income has no effect on the direction of Selling General Administrative i.e., Future Fintech's Selling General Administrative and Net Income go up and down completely randomly.

Correlation Coefficient

-0.32
Relationship DirectionNegative 
Relationship StrengthInsignificant

Selling General Administrative

Net Income

Net income is one of the most important fundamental items in finance. It plays a large role in Future Fintech Group financial statement analysis. It represents the amount of money remaining after all of Future Fintech Group operating expenses, interest, taxes and preferred stock dividends have been deducted from a company total revenue.
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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