BitFuFu Other Assets vs Total Assets 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 Other Assets and its Total Assets 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.
Other Assets vs Total Assets
Other Assets vs Total Assets Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of BitFuFu Warrant Other Assets account and Total Assets. At this time, the significance of the direction appears to have fragmental relationship.
The correlation between BitFuFu Warrant's Other Assets and Total Assets is 0.44. Overlapping area represents the amount of variation of Other Assets that can explain the historical movement of Total Assets 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 Other Assets 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 Other Assets of BitFuFu Warrant 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 Other Assets i.e., BitFuFu Warrant's Other Assets and Total Assets go up and down completely randomly.
Correlation Coefficient | 0.44 |
| Relationship Direction | Positive |
| Relationship Strength | Weak |
Other Assets
Total Assets
Total assets refers to the total amount of BitFuFu Warrant 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 BitFuFu Warrant 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 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 Profit | 9.0M | 36.2M | 12.7M | 16.0M | Total Revenue | 103.0M | 198.2M | 284.1M | 161.3M |
BitFuFu Warrant fundamental ratios Correlations
Click cells to compare fundamentals
BitFuFu Warrant Account Relationship Matchups
High Positive Relationship
High Negative Relationship
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