FutureTech Debt To Equity vs Cash Per Share Analysis
FTIIW Stock | USD 0.03 0.01 63.22% |
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 Debt To Equity and its Cash Per Share 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.
Debt To Equity vs Cash Per Share
Debt To Equity vs Cash Per Share Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of FutureTech II Acquisition Debt To Equity account and Cash Per Share. At this time, the significance of the direction appears to have significant contrarian relationship.
The correlation between FutureTech's Debt To Equity and Cash Per Share is -0.49. Overlapping area represents the amount of variation of Debt To Equity that can explain the historical movement of Cash Per Share 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 Debt To Equity and Cash Per Share is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Debt To Equity of FutureTech II Acquisition are associated (or correlated) with its Cash Per Share. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Cash Per Share has no effect on the direction of Debt To Equity i.e., FutureTech's Debt To Equity and Cash Per Share go up and down completely randomly.
Correlation Coefficient | -0.49 |
Relationship Direction | Negative |
Relationship Strength | Very Weak |
Debt To Equity
A measure of a company's financial leverage calculated by dividing its total liabilities by stockholders' equity, indicating the proportion of equity and debt the company is using to finance its assets.Cash Per Share
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. 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 Income | 1.7M | 4.8M | 3.6M | Tax Provision | 310.3K | 979.3K | 709.3K |
FutureTech fundamental ratios Correlations
Click cells to compare fundamentals
FutureTech Account Relationship Matchups
High Positive Relationship
High Negative Relationship
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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 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.