Fit Property Plant Equipment vs Long Term Debt 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 Property Plant Equipment and its Long Term Debt 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.
Property Plant Equipment vs Long Term Debt
Property Plant Equipment vs Long Term Debt Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Fit After Fifty Property Plant Equipment account and Long Term Debt. At this time, the significance of the direction appears to have weak relationship.
The correlation between Fit After's Property Plant Equipment and Long Term Debt is 0.36. Overlapping area represents the amount of variation of Property Plant Equipment that can explain the historical movement of Long Term Debt 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 Property Plant Equipment and Long Term Debt is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Property Plant Equipment of Fit After Fifty are associated (or correlated) with its Long Term Debt. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Long Term Debt has no effect on the direction of Property Plant Equipment i.e., Fit After's Property Plant Equipment and Long Term Debt go up and down completely randomly.
Correlation Coefficient | 0.36 |
| Relationship Direction | Positive |
| Relationship Strength | Very Weak |
Property Plant Equipment
Long Term Debt
Long-term debt is a debt that Fit After Fifty has held for over one year. Long-term debt appears on Fit After Fifty balance sheet and also includes long-term leases. The most common forms of long term debt are bonds payable, long-term notes payable, mortgage payable, pension liabilities, and lease liabilities. In the corporate world, long-term debt is generally used to fund big-ticket items, such as machinery, buildings, and land. The total of long-term debt reported on Fit After Fifty balance sheet is the sum of the balances of all categories of long-term debt. Debt that is not due within the current year and is often considered to be financing activities that are to be repaid over several years.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 Profit | 98.7K | 35.5K | 32.0K | 53.7K | Total Revenue | 152.2K | 78.4K | 70.5K | 92.2K |
Fit After fundamental ratios Correlations
Click cells to compare fundamentals
Fit After Account Relationship Matchups
High Positive Relationship
High Negative Relationship
Also Currently Popular
Analyzing currently trending equities could be an opportunity to develop a better portfolio based on different market momentums that they can trigger. Utilizing the top trending stocks is also useful when creating a market-neutral strategy or pair trading technique involving a short or a long position in a currently trending equity.Additional Tools for Fit Stock Analysis
When running Fit After's price analysis, check to measure Fit After'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 Fit After is operating at the current time. Most of Fit After's value examination focuses on studying past and present price action to predict the probability of Fit After's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Fit After's price. Additionally, you may evaluate how the addition of Fit After to your portfolios can decrease your overall portfolio volatility.