FutureTech Current Deferred Revenue vs Common Stock Analysis

FTIIW Stock  USD 0.02  0.00006  0.34%   
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 Current Deferred Revenue and its Common Stock accounts. Check out Investing Opportunities to better understand how to build diversified portfolios. 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.

Current Deferred Revenue vs Common Stock

Current Deferred Revenue vs Common Stock Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of FutureTech II Acquisition Current Deferred Revenue account and Common Stock. At this time, the significance of the direction appears to have almost no relationship.
The correlation between FutureTech's Current Deferred Revenue and Common Stock is 0.1. Overlapping area represents the amount of variation of Current Deferred Revenue that can explain the historical movement of Common Stock 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 Current Deferred Revenue and Common 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 Current Deferred Revenue of FutureTech II Acquisition are associated (or correlated) with its Common Stock. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Common Stock has no effect on the direction of Current Deferred Revenue i.e., FutureTech's Current Deferred Revenue and Common Stock go up and down completely randomly.

Correlation Coefficient

0.1
Relationship DirectionPositive 
Relationship StrengthInsignificant

Current Deferred Revenue

Revenue that has been collected but not yet earned, typically from prepaid service contracts or subscriptions. This amount is considered a liability until the service is provided or the subscription period ends.

Common Stock

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. 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.
Selling General Administrative is likely to climb to about 905.8 K in 2024, whereas Tax Provision is likely to drop slightly above 709.3 K in 2024.
 2010 2023 2024 (projected)
Net Interest Income1.7M4.8M3.6M
Tax Provision310.3K979.3K709.3K

FutureTech fundamental ratios Correlations

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0.880.780.960.86-0.88-0.950.510.870.870.510.950.990.781.00.861.00.980.87-0.881.00.46-0.65-0.83-0.65
0.530.780.880.51-0.52-0.79-0.050.520.52-0.050.670.741.00.780.510.780.860.52-0.980.78-0.12-0.95-0.98-0.95
0.730.960.880.71-0.73-0.890.270.720.720.270.850.930.880.950.710.961.00.72-0.940.960.21-0.73-0.93-0.73
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-1.0-0.88-0.52-0.73-1.00.93-0.83-1.0-1.0-0.83-0.98-0.93-0.53-0.91-1.0-0.88-0.79-1.00.67-0.88-0.790.50.520.5
-0.93-0.95-0.79-0.89-0.930.93-0.56-0.93-0.93-0.56-0.98-0.97-0.8-0.98-0.93-0.95-0.92-0.930.89-0.95-0.510.760.790.76
0.820.51-0.050.270.83-0.83-0.560.820.821.00.70.6-0.040.540.830.510.350.83-0.140.511.00.040.040.04
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0.820.51-0.050.270.83-0.83-0.561.00.820.820.70.6-0.040.540.830.510.350.83-0.140.511.00.040.040.04
0.980.950.670.850.97-0.98-0.980.70.980.980.70.990.680.970.970.950.90.98-0.80.950.66-0.62-0.68-0.62
0.930.990.740.930.92-0.93-0.970.60.930.930.60.990.751.00.920.990.960.93-0.860.990.55-0.64-0.77-0.64
0.540.781.00.880.52-0.53-0.8-0.040.530.53-0.040.680.750.790.520.780.860.53-0.980.78-0.11-0.95-0.98-0.95
0.911.00.780.950.9-0.91-0.980.540.90.90.540.971.00.790.91.00.970.9-0.891.00.49-0.68-0.82-0.68
1.00.860.510.711.0-1.0-0.930.831.01.00.830.970.920.520.90.860.771.0-0.660.860.79-0.5-0.51-0.5
0.881.00.780.960.86-0.88-0.950.510.870.870.510.950.990.781.00.860.980.87-0.881.00.46-0.65-0.83-0.65
0.790.980.861.00.77-0.79-0.920.350.790.790.350.90.960.860.970.770.980.78-0.940.980.29-0.72-0.91-0.72
1.00.870.520.721.0-1.0-0.930.831.01.00.830.980.930.530.91.00.870.78-0.670.870.79-0.51-0.52-0.51
-0.68-0.88-0.98-0.94-0.660.670.89-0.14-0.68-0.68-0.14-0.8-0.86-0.98-0.89-0.66-0.88-0.94-0.67-0.88-0.080.920.980.92
0.881.00.780.960.86-0.88-0.950.510.870.870.510.950.990.781.00.861.00.980.87-0.880.46-0.65-0.83-0.65
0.780.46-0.120.210.79-0.79-0.511.00.780.781.00.660.55-0.110.490.790.460.290.79-0.080.460.10.10.1
-0.51-0.65-0.95-0.73-0.50.50.760.04-0.51-0.510.04-0.62-0.64-0.95-0.68-0.5-0.65-0.72-0.510.92-0.650.10.871.0
-0.53-0.83-0.98-0.93-0.510.520.790.04-0.52-0.520.04-0.68-0.77-0.98-0.82-0.51-0.83-0.91-0.520.98-0.830.10.870.88
-0.51-0.65-0.95-0.73-0.50.50.760.04-0.51-0.510.04-0.62-0.64-0.95-0.68-0.5-0.65-0.72-0.510.92-0.650.11.00.88
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FutureTech Account Relationship Matchups

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Additional Tools for FutureTech Stock Analysis

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