Fit Deferred Long Term Liab vs Net Tangible Assets Analysis

FTFY Stock  USD 0.00001  0.00  0.00%   
Fit After financial indicator trend analysis is much more than just examining Fit After Fifty latest accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Fit After Fifty is a good investment. Please check the relationship between Fit After Deferred Long Term Liab and its Net Tangible Assets accounts. Check out Investing Opportunities to better understand how to build diversified portfolios, which includes a position in Fit After Fifty. 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.

Deferred Long Term Liab vs Net Tangible Assets

Deferred Long Term Liab vs Net Tangible Assets Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Fit After Fifty Deferred Long Term Liab account and Net Tangible Assets. At this time, the significance of the direction appears to have very strong relationship.
The correlation between Fit After's Deferred Long Term Liab and Net Tangible Assets is 0.85. Overlapping area represents the amount of variation of Deferred Long Term Liab that can explain the historical movement of Net Tangible Assets in the same time period over historical financial statements of Fit After Fifty, assuming nothing else is changed. The correlation between historical values of Fit After's Deferred Long Term Liab and Net Tangible Assets is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Deferred Long Term Liab of Fit After Fifty are associated (or correlated) with its Net Tangible Assets. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Net Tangible Assets has no effect on the direction of Deferred Long Term Liab i.e., Fit After's Deferred Long Term Liab and Net Tangible Assets go up and down completely randomly.

Correlation Coefficient

0.85
Relationship DirectionPositive 
Relationship StrengthStrong

Deferred Long Term Liab

Liabilities that are due after more than one year, including deferred tax liabilities and deferred revenue.

Net Tangible Assets

The total assets of a company minus any intangible assets such as patents, copyrights, and goodwill; it represents the physical assets of a company.
Most indicators from Fit After's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Fit After Fifty 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 Fit After Fifty. 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 242.4 K in 2024
 2010 2011 2023 2024 (projected)
Gross Profit98.7K35.5K32.0K53.7K
Total Revenue152.2K78.4K70.5K92.2K

Fit After fundamental ratios Correlations

-0.99-0.990.810.810.86-0.911.00.410.41-0.641.00.931.0-0.821.0
-0.991.0-0.88-0.88-0.920.87-0.98-0.32-0.320.52-0.99-0.97-0.990.83-0.99
-0.991.0-0.88-0.88-0.910.87-0.98-0.33-0.330.52-0.99-0.97-0.990.83-0.99
0.81-0.88-0.881.00.99-0.740.78-0.11-0.11-0.070.850.970.8-0.870.83
0.81-0.88-0.881.00.99-0.740.78-0.11-0.11-0.070.850.970.8-0.870.83
0.86-0.92-0.910.990.99-0.820.83-0.08-0.08-0.180.90.980.85-0.920.88
-0.910.870.87-0.74-0.74-0.82-0.89-0.15-0.150.63-0.93-0.86-0.90.93-0.92
1.0-0.98-0.980.780.780.83-0.890.460.46-0.670.990.921.0-0.780.99
0.41-0.32-0.33-0.11-0.11-0.08-0.150.461.0-0.760.310.10.430.170.36
0.41-0.32-0.33-0.11-0.11-0.08-0.150.461.0-0.760.310.10.430.170.36
-0.640.520.52-0.07-0.07-0.180.63-0.67-0.76-0.76-0.58-0.33-0.650.31-0.61
1.0-0.99-0.990.850.850.9-0.930.990.310.31-0.580.960.99-0.871.0
0.93-0.97-0.970.970.970.98-0.860.920.10.1-0.330.960.93-0.90.95
1.0-0.99-0.990.80.80.85-0.91.00.430.43-0.650.990.93-0.81.0
-0.820.830.83-0.87-0.87-0.920.93-0.780.170.170.31-0.87-0.9-0.8-0.84
1.0-0.99-0.990.830.830.88-0.920.990.360.36-0.611.00.951.0-0.84
Click cells to compare fundamentals

Fit After Account Relationship Matchups

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