Futuretech Net Receivables vs Total Assets Analysis

FTII Stock  USD 11.34  0.27  2.44%   
Futuretech financial indicator trend analysis is much more than just examining Futuretech II Acquisition latest accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Futuretech II Acquisition is a good investment. Please check the relationship between Futuretech Net Receivables and its Total Assets accounts. Check out Investing Opportunities to better understand how to build diversified portfolios, which includes a position in Futuretech II Acquisition. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in gross domestic product.

Net Receivables vs Total Assets

Net Receivables vs Total Assets Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Futuretech II Acquisition Net Receivables account and Total Assets. At this time, the significance of the direction appears to have strong contrarian relationship.
The correlation between Futuretech's Net Receivables and Total Assets is -0.51. Overlapping area represents the amount of variation of Net Receivables that can explain the historical movement of Total Assets in the same time period over historical financial statements of Futuretech II Acquisition, assuming nothing else is changed. The correlation between historical values of Futuretech's Net Receivables and Total 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 Net Receivables of Futuretech II Acquisition are associated (or correlated) with its Total Assets. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Total Assets has no effect on the direction of Net Receivables i.e., Futuretech's Net Receivables and Total Assets go up and down completely randomly.

Correlation Coefficient

-0.51
Relationship DirectionNegative 
Relationship StrengthVery Weak

Net Receivables

Total Assets

Total assets refers to the total amount of Futuretech 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 Futuretech II Acquisition 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.
Most indicators from Futuretech's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Futuretech II Acquisition 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 Futuretech II Acquisition. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in gross domestic product.
The Futuretech's current Selling General Administrative is estimated to increase to about 905.8 K, while Tax Provision is projected to decrease to under 709.3 K.
 2010 2023 2024 (projected)
Net Interest Income1.7M4.8M3.6M
Tax Provision310.3K979.3K709.3K

Futuretech fundamental ratios Correlations

0.880.530.731.0-0.51-1.0-0.930.821.01.0-0.940.820.980.93-0.270.540.91-0.511.00.880.791.0-0.680.880.78
0.880.780.960.86-0.65-0.88-0.950.510.870.87-0.960.510.950.99-0.670.781.0-0.650.861.00.980.87-0.881.00.46
0.530.780.880.51-0.95-0.52-0.79-0.050.520.52-0.78-0.050.670.74-0.921.00.78-0.950.510.780.860.52-0.980.78-0.12
0.730.960.880.71-0.73-0.73-0.890.270.720.72-0.890.270.850.93-0.840.880.95-0.730.710.961.00.72-0.940.960.21
1.00.860.510.71-0.5-1.0-0.930.831.01.0-0.940.830.970.92-0.250.520.9-0.51.00.860.771.0-0.660.860.79
-0.51-0.65-0.95-0.73-0.50.50.760.04-0.51-0.510.740.04-0.62-0.640.78-0.95-0.681.0-0.5-0.65-0.72-0.510.92-0.650.1
-1.0-0.88-0.52-0.73-1.00.50.93-0.83-1.0-1.00.94-0.83-0.98-0.930.27-0.53-0.910.5-1.0-0.88-0.79-1.00.67-0.88-0.79
-0.93-0.95-0.79-0.89-0.930.760.93-0.56-0.93-0.931.0-0.56-0.98-0.970.58-0.8-0.980.76-0.93-0.95-0.92-0.930.89-0.95-0.51
0.820.51-0.050.270.830.04-0.83-0.560.820.82-0.591.00.70.60.3-0.040.540.040.830.510.350.83-0.140.511.0
1.00.870.520.721.0-0.51-1.0-0.930.821.0-0.940.820.980.93-0.270.530.9-0.511.00.870.791.0-0.680.870.78
1.00.870.520.721.0-0.51-1.0-0.930.821.0-0.940.820.980.93-0.270.530.9-0.511.00.870.791.0-0.680.870.78
-0.94-0.96-0.78-0.89-0.940.740.941.0-0.59-0.94-0.94-0.59-0.99-0.980.57-0.78-0.980.74-0.94-0.96-0.92-0.940.88-0.96-0.53
0.820.51-0.050.270.830.04-0.83-0.561.00.820.82-0.590.70.60.3-0.040.540.040.830.510.350.83-0.140.511.0
0.980.950.670.850.97-0.62-0.98-0.980.70.980.98-0.990.70.99-0.460.680.97-0.620.970.950.90.98-0.80.950.66
0.930.990.740.930.92-0.64-0.93-0.970.60.930.93-0.980.60.99-0.580.751.0-0.640.920.990.960.93-0.860.990.55
-0.27-0.67-0.92-0.84-0.250.780.270.580.3-0.27-0.270.570.3-0.46-0.58-0.92-0.640.78-0.25-0.67-0.79-0.260.87-0.670.36
0.540.781.00.880.52-0.95-0.53-0.8-0.040.530.53-0.78-0.040.680.75-0.920.79-0.950.520.780.860.53-0.980.78-0.11
0.911.00.780.950.9-0.68-0.91-0.980.540.90.9-0.980.540.971.0-0.640.79-0.680.91.00.970.9-0.891.00.49
-0.51-0.65-0.95-0.73-0.51.00.50.760.04-0.51-0.510.740.04-0.62-0.640.78-0.95-0.68-0.5-0.65-0.72-0.510.92-0.650.1
1.00.860.510.711.0-0.5-1.0-0.930.831.01.0-0.940.830.970.92-0.250.520.9-0.50.860.771.0-0.660.860.79
0.881.00.780.960.86-0.65-0.88-0.950.510.870.87-0.960.510.950.99-0.670.781.0-0.650.860.980.87-0.881.00.46
0.790.980.861.00.77-0.72-0.79-0.920.350.790.79-0.920.350.90.96-0.790.860.97-0.720.770.980.78-0.940.980.29
1.00.870.520.721.0-0.51-1.0-0.930.831.01.0-0.940.830.980.93-0.260.530.9-0.511.00.870.78-0.670.870.79
-0.68-0.88-0.98-0.94-0.660.920.670.89-0.14-0.68-0.680.88-0.14-0.8-0.860.87-0.98-0.890.92-0.66-0.88-0.94-0.67-0.88-0.08
0.881.00.780.960.86-0.65-0.88-0.950.510.870.87-0.960.510.950.99-0.670.781.0-0.650.861.00.980.87-0.880.46
0.780.46-0.120.210.790.1-0.79-0.511.00.780.78-0.531.00.660.550.36-0.110.490.10.790.460.290.79-0.080.46
Click cells to compare fundamentals

Futuretech Account Relationship Matchups

Currently Active Assets on Macroaxis

When determining whether Futuretech II Acquisition is a strong investment it is important to analyze Futuretech's competitive position within its industry, examining market share, product or service uniqueness, and competitive advantages. Beyond financials and market position, potential investors should also consider broader economic conditions, industry trends, and any regulatory or geopolitical factors that may impact Futuretech's future performance. For an informed investment choice regarding Futuretech Stock, refer to the following important reports:
Check out Investing Opportunities to better understand how to build diversified portfolios, which includes a position in Futuretech II Acquisition. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in gross domestic product.
You can also try the Idea Optimizer module to use advanced portfolio builder with pre-computed micro ideas to build optimal portfolio .
Is Asset Management & Custody Banks space expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of Futuretech. If investors know Futuretech will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about Futuretech listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Quarterly Earnings Growth
(0.68)
Earnings Share
0.32
Return On Assets
(0.01)
The market value of Futuretech II Acquisition is measured differently than its book value, which is the value of Futuretech that is recorded on the company's balance sheet. Investors also form their own opinion of Futuretech's value that differs from its market value or its book value, called intrinsic value, which is Futuretech's true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because Futuretech's market value can be influenced by many factors that don't directly affect Futuretech's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between Futuretech's value and its price as these two are different measures arrived at by different means. Investors typically determine if Futuretech is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Futuretech's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.