BitFuFu Net Invested Capital vs Inventory Analysis

FUFUW Stock   0.43  0.01  2.38%   
BitFuFu Warrant financial indicator trend analysis is way more than just evaluating BitFuFu Warrant prevailing accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether BitFuFu Warrant is a good investment. Please check the relationship between BitFuFu Warrant Net Invested Capital and its Inventory accounts. Check out Investing Opportunities to better understand how to build diversified portfolios, which includes a position in BitFuFu Warrant. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in employment.
For more information on how to buy BitFuFu Stock please use our How to Invest in BitFuFu Warrant guide.

Net Invested Capital vs Inventory

Net Invested Capital vs Inventory Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of BitFuFu Warrant Net Invested Capital account and Inventory. At this time, the significance of the direction appears to have almost identical trend.
The correlation between BitFuFu Warrant's Net Invested Capital and Inventory is 0.91. Overlapping area represents the amount of variation of Net Invested Capital that can explain the historical movement of Inventory in the same time period over historical financial statements of BitFuFu Warrant, assuming nothing else is changed. The correlation between historical values of BitFuFu Warrant's Net Invested Capital and Inventory 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 Invested Capital of BitFuFu Warrant are associated (or correlated) with its Inventory. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Inventory has no effect on the direction of Net Invested Capital i.e., BitFuFu Warrant's Net Invested Capital and Inventory go up and down completely randomly.

Correlation Coefficient

0.91
Relationship DirectionPositive 
Relationship StrengthVery Strong

Net Invested Capital

The total amount of capital invested in a company, including both equity and debt, minus any cash or cash equivalents.

Inventory

Most indicators from BitFuFu Warrant's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into BitFuFu Warrant 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 BitFuFu Warrant. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in employment.
For more information on how to buy BitFuFu Stock please use our How to Invest in BitFuFu Warrant guide.Tax Provision is likely to climb to about 2.3 M in 2024, whereas Selling General Administrative is likely to drop slightly above 2.3 M in 2024.
 2021 2022 2023 2024 (projected)
Gross Profit9.0M36.2M12.7M16.0M
Total Revenue103.0M198.2M284.1M161.3M

BitFuFu Warrant fundamental ratios Correlations

0.330.11.00.180.36-0.120.560.380.950.630.660.440.910.540.840.860.39-0.970.450.9-0.540.44
0.33-0.780.37-0.45-0.75-0.18-0.58-0.480.54-0.47-0.48-0.69-0.02-0.610.78-0.18-0.73-0.54-0.68-0.11-0.97-0.66
0.1-0.780.050.060.89-0.380.710.25-0.150.830.640.860.380.77-0.420.540.880.120.860.480.720.81
1.00.370.050.180.32-0.10.520.370.970.590.630.410.890.510.860.850.35-0.980.420.88-0.570.4
0.18-0.450.060.180.470.870.590.950.120.260.610.460.330.55-0.070.380.47-0.090.470.360.260.46
0.36-0.750.890.320.47-0.010.940.650.130.930.911.00.630.97-0.20.781.0-0.140.990.730.60.94
-0.12-0.18-0.38-0.10.87-0.010.110.69-0.05-0.250.15-0.03-0.080.06-0.09-0.08-0.020.1-0.03-0.080.07-0.03
0.56-0.580.710.520.590.940.110.790.320.910.960.950.820.970.030.870.94-0.350.950.840.370.98
0.38-0.480.250.370.950.650.690.790.260.50.790.650.580.740.030.610.65-0.250.660.590.260.69
0.950.54-0.150.970.120.13-0.050.320.260.420.480.220.740.330.940.720.16-0.990.230.76-0.720.17
0.63-0.470.830.590.260.93-0.250.910.50.420.920.950.80.950.120.920.94-0.440.950.890.30.9
0.66-0.480.640.630.610.910.150.960.790.480.920.940.830.980.160.930.92-0.480.940.910.260.89
0.44-0.690.860.410.461.0-0.030.950.650.220.950.940.690.99-0.110.831.0-0.231.00.790.520.95
0.91-0.020.380.890.330.63-0.080.820.580.740.80.830.690.760.570.940.65-0.790.70.95-0.20.76
0.54-0.610.770.510.550.970.060.970.740.330.950.980.990.760.00.890.98-0.330.990.850.420.94
0.840.78-0.420.86-0.07-0.2-0.090.030.030.940.120.16-0.110.570.00.46-0.17-0.94-0.10.52-0.91-0.1
0.86-0.180.540.850.380.78-0.080.870.610.720.920.930.830.940.890.460.8-0.730.841.0-0.040.79
0.39-0.730.880.350.471.0-0.020.940.650.160.940.921.00.650.98-0.170.8-0.171.00.750.570.94
-0.97-0.540.12-0.98-0.09-0.140.1-0.35-0.25-0.99-0.44-0.48-0.23-0.79-0.33-0.94-0.73-0.17-0.24-0.780.72-0.22
0.45-0.680.860.420.470.99-0.030.950.660.230.950.941.00.70.99-0.10.841.0-0.240.790.510.95
0.9-0.110.480.880.360.73-0.080.840.590.760.890.910.790.950.850.521.00.75-0.780.79-0.120.76
-0.54-0.970.72-0.570.260.60.070.370.26-0.720.30.260.52-0.20.42-0.91-0.040.570.720.51-0.120.49
0.44-0.660.810.40.460.94-0.030.980.690.170.90.890.950.760.94-0.10.790.94-0.220.950.760.49
Click cells to compare fundamentals

BitFuFu Warrant Account Relationship Matchups

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