First Total Assets vs Capital Stock Analysis

FTHY Stock  USD 14.89  0.17  1.15%   
First Trust financial indicator trend analysis is much more than just examining First Trust High latest accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether First Trust High is a good investment. Please check the relationship between First Trust Total Assets and its Capital Stock accounts. Check out Investing Opportunities to better understand how to build diversified portfolios, which includes a position in First Trust High. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in rate.

Total Assets vs Capital Stock

Total Assets vs Capital Stock Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of First Trust High Total Assets account and Capital Stock. At this time, the significance of the direction appears to have pay attention.
The correlation between First Trust's Total Assets and Capital Stock is -0.74. Overlapping area represents the amount of variation of Total Assets that can explain the historical movement of Capital Stock in the same time period over historical financial statements of First Trust High, assuming nothing else is changed. The correlation between historical values of First Trust's Total Assets and Capital Stock is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Total Assets of First Trust High are associated (or correlated) with its Capital Stock. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Capital Stock has no effect on the direction of Total Assets i.e., First Trust's Total Assets and Capital Stock go up and down completely randomly.

Correlation Coefficient

-0.74
Relationship DirectionNegative 
Relationship StrengthWeak

Total Assets

Total assets refers to the total amount of First Trust assets owned. Assets are items that have some economic value and are expended over time to create a benefit for the owner. These assets are usually recorded in First Trust High books under different categories such as cash, marketable securities, accounts receivable,prepaid expenses, inventory, fixed assets, intangible assets, other assets, marketable securities, accounts receivable, prepaid expenses and others. The total value of all owned resources that are expected to provide future economic benefits to the business, including cash, investments, accounts receivable, inventory, property, plant, equipment, and intangible assets.

Capital Stock

The total amount of a company's capital funded by shareholders through the issue and subscription of shares.
Most indicators from First Trust's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into First Trust High 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 First Trust High. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in rate.
At this time, First Trust's Sales General And Administrative To Revenue is fairly stable compared to the past year. Enterprise Value is likely to rise to about 870.9 M in 2024, whereas Selling General Administrative is likely to drop slightly above 737.1 K in 2024.
 2021 2022 2023 2024 (projected)
Interest Income60.2M51.7M51.2M43.5M
Net Interest Income57.3M44.7M42.6M39.3M

First Trust fundamental ratios Correlations

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1.00.98-0.850.850.990.950.980.850.89-1.00.950.890.80.730.980.760.720.981.01.00.81-0.75-0.750.72
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0.730.65-0.540.550.770.860.650.550.530.73-0.690.860.530.570.650.930.970.660.730.730.58-0.85-0.851.0
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0.720.64-0.510.520.770.820.650.520.530.72-0.680.870.530.710.970.640.830.640.720.720.71-0.72-0.720.97
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1.00.98-0.840.840.990.960.980.840.881.0-1.00.950.880.810.730.980.760.720.991.00.82-0.75-0.750.72
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0.820.78-0.630.630.820.710.810.630.710.81-0.80.840.711.00.580.780.420.710.790.820.81-0.33-0.330.57
-0.74-0.730.56-0.57-0.74-0.89-0.66-0.57-0.54-0.750.74-0.74-0.54-0.31-0.85-0.73-0.98-0.72-0.73-0.75-0.75-0.331.0-0.85
-0.74-0.730.56-0.57-0.74-0.89-0.66-0.57-0.54-0.750.74-0.74-0.54-0.31-0.85-0.73-0.98-0.72-0.73-0.75-0.75-0.331.0-0.85
0.720.64-0.530.540.760.850.640.540.520.72-0.680.850.520.571.00.640.930.970.650.720.720.57-0.85-0.85
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First Trust Account Relationship Matchups

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When running First Trust's price analysis, check to measure First Trust'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 First Trust is operating at the current time. Most of First Trust's value examination focuses on studying past and present price action to predict the probability of First Trust's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move First Trust's price. Additionally, you may evaluate how the addition of First Trust to your portfolios can decrease your overall portfolio volatility.