Futura Non Current Liabilities Total vs Total Current Assets Analysis

FUM Stock

32.95 0.22 0.66%

Futura Medical financial indicator trend analysis is much more than just examining Futura Medical latest accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Futura Medical is a good investment. Please check the relationship between Futura Medical Non Current Liabilities Total and its Total Current Assets accounts. Check out Investing Opportunities to better understand how to build diversified portfolios, which includes a position in Futura Medical. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in bureau of economic analysis.

Non Current Liabilities Total vs Total Current Assets

Non Current Liabilities Total vs Total Current Assets Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Futura Medical Non Current Liabilities Total account and Total Current Assets. At this time, the significance of the direction appears to have almost no relationship.

The correlation between Futura Medical's Non Current Liabilities Total and Total Current Assets is 0.1. Overlapping area represents the amount of variation of Non Current Liabilities Total that can explain the historical movement of Total Current Assets in the same time period over historical financial statements of Futura Medical, assuming nothing else is changed. The correlation between historical values of Futura Medical's Non Current Liabilities Total and Total Current 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 Non Current Liabilities Total of Futura Medical are associated (or correlated) with its Total Current Assets. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Total Current Assets has no effect on the direction of Non Current Liabilities Total i.e., Futura Medical's Non Current Liabilities Total and Total Current Assets go up and down completely randomly.

Correlation Coefficient

0.1

Relationship Direction	Positive
Relationship Strength	Insignificant

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Non Current Liabilities Total

Total Current Assets

The total value of all assets that are expected to be converted into cash within one year or during the normal operating cycle.

Most indicators from Futura Medical's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Futura Medical 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 Futura Medical. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in bureau of economic analysis.

At present, Futura Medical's Issuance Of Capital Stock is projected to decrease significantly based on the last few years of reporting.

Futura Medical fundamental ratios Correlations

	Total Assets	Short Long Term Debt Total	Other Current Liab	Total Current Liabilities	Total Stockholder Equity	Property Plant And Equipment Net	Net Debt	Retained Earnings	Accounts Payable	Cash	Non Current Assets Total	Non Currrent Assets Other	Cash And Short Term Investments	Common Stock Total Equity	Common Stock Shares Outstanding	Non Current Liabilities Total	Other Current Assets	Other Stockholder Equity	Total Liab	Property Plant And Equipment Gross	Total Current Assets	Common Stock	Net Receivables	Property Plant Equipment	Other Liab	Inventory
Total Assets		-0.43	0.47	0.48	0.85	0.47	-0.96	-0.54	0.29	0.9	0.47	0.3	0.9	0.5	0.44	-0.02	0.67	0.68	0.46	0.47	0.91	0.51	0.16	0.5	-0.43	0.16
Short Long Term Debt Total	-0.43		-0.9	-0.8	0.04	-0.9	0.19	0.49	-0.24	-0.02	-0.9	-0.1	-0.02	-0.57	-0.58	0.28	-0.6	-0.53	-0.81	-0.89	-0.02	-0.55	0.4	-0.69	1.0	0.25
Other Current Liab	0.47	-0.9		0.96	-0.05	0.94	-0.21	-0.7	0.49	0.07	0.94	0.19	0.07	0.74	0.75	-0.04	0.54	0.7	0.96	0.94	0.13	0.72	-0.16	0.78	-0.9	-0.36
Total Current Liabilities	0.48	-0.8	0.96		-0.05	0.84	-0.22	-0.74	0.71	0.1	0.84	0.23	0.1	0.77	0.76	0.22	0.47	0.73	1.0	0.84	0.18	0.75	0.07	0.73	-0.8	-0.38
Total Stockholder Equity	0.85	0.04	-0.05	-0.05		0.01	-0.96	-0.19	-0.07	0.97	0.01	0.21	0.97	0.12	0.05	-0.12	0.46	0.35	-0.08	0.02	0.95	0.14	0.18	0.13	0.04	0.4
Property Plant And Equipment Net	0.47	-0.9	0.94	0.84	0.01		-0.22	-0.68	0.24	0.09	1.0	0.14	0.09	0.71	0.76	-0.29	0.52	0.69	0.84	1.0	0.11	0.73	-0.34	0.89	-0.9	-0.35
Net Debt	-0.96	0.19	-0.21	-0.22	-0.96	-0.22		0.36	-0.15	-0.98	-0.22	-0.25	-0.98	-0.31	-0.23	0.03	-0.56	-0.52	-0.2	-0.22	-0.97	-0.32	-0.18	-0.3	0.19	-0.28
Retained Earnings	-0.54	0.49	-0.7	-0.74	-0.19	-0.68	0.36		-0.51	-0.28	-0.68	-0.35	-0.28	-0.97	-0.97	-0.14	-0.28	-0.98	-0.71	-0.69	-0.35	-0.97	-0.25	-0.78	0.49	0.37
Accounts Payable	0.29	-0.24	0.49	0.71	-0.07	0.24	-0.15	-0.51		0.11	0.24	0.25	0.11	0.52	0.44	0.83	0.13	0.47	0.7	0.24	0.22	0.49	0.65	0.26	-0.24	-0.25
Cash	0.9	-0.02	0.07	0.1	0.97	0.09	-0.98	-0.28	0.11		0.09	0.24	1.0	0.22	0.14	0.01	0.48	0.43	0.08	0.09	0.99	0.23	0.24	0.2	-0.02	0.31
Non Current Assets Total	0.47	-0.9	0.94	0.84	0.01	1.0	-0.22	-0.68	0.24	0.09		0.14	0.09	0.71	0.76	-0.29	0.52	0.69	0.84	1.0	0.11	0.73	-0.34	0.89	-0.9	-0.35
Non Currrent Assets Other	0.3	-0.1	0.19	0.23	0.21	0.14	-0.25	-0.35	0.25	0.24	0.14		0.24	0.32	0.28	0.18	0.23	0.36	0.23	0.14	0.28	0.31	0.33	0.19	-0.1	0.16
Cash And Short Term Investments	0.9	-0.02	0.07	0.1	0.97	0.09	-0.98	-0.28	0.11	1.0	0.09	0.24		0.22	0.14	0.01	0.48	0.43	0.08	0.09	0.99	0.23	0.24	0.2	-0.02	0.31
Common Stock Total Equity	0.5	-0.57	0.74	0.77	0.12	0.71	-0.31	-0.97	0.52	0.22	0.71	0.32	0.22		0.97	0.14	0.29	0.95	0.76	0.72	0.28	0.99	0.18	0.79	-0.57	-0.47
Common Stock Shares Outstanding	0.44	-0.58	0.75	0.76	0.05	0.76	-0.23	-0.97	0.44	0.14	0.76	0.28	0.14	0.97		0.05	0.18	0.93	0.74	0.77	0.19	0.98	0.08	0.87	-0.58	-0.46
Non Current Liabilities Total	-0.02	0.28	-0.04	0.22	-0.12	-0.29	0.03	-0.14	0.83	0.01	-0.29	0.18	0.01	0.14	0.05		-0.25	0.08	0.23	-0.29	0.1	0.11	0.84	-0.15	0.28	-0.12
Other Current Assets	0.67	-0.6	0.54	0.47	0.46	0.52	-0.56	-0.28	0.13	0.48	0.52	0.23	0.48	0.29	0.18	-0.25		0.4	0.46	0.51	0.5	0.25	-0.05	0.27	-0.6	0.22
Other Stockholder Equity	0.68	-0.53	0.7	0.73	0.35	0.69	-0.52	-0.98	0.47	0.43	0.69	0.36	0.43	0.95	0.93	0.08	0.4		0.7	0.7	0.49	0.95	0.24	0.79	-0.53	-0.28
Total Liab	0.46	-0.81	0.96	1.0	-0.08	0.84	-0.2	-0.71	0.7	0.08	0.84	0.23	0.08	0.76	0.74	0.23	0.46	0.7		0.84	0.16	0.73	0.06	0.73	-0.81	-0.39
Property Plant And Equipment Gross	0.47	-0.89	0.94	0.84	0.02	1.0	-0.22	-0.69	0.24	0.09	1.0	0.14	0.09	0.72	0.77	-0.29	0.51	0.7	0.84		0.12	0.74	-0.34	0.9	-0.89	-0.36
Total Current Assets	0.91	-0.02	0.13	0.18	0.95	0.11	-0.97	-0.35	0.22	0.99	0.11	0.28	0.99	0.28	0.19	0.1	0.5	0.49	0.16	0.12		0.28	0.34	0.22	-0.02	0.3
Common Stock	0.51	-0.55	0.72	0.75	0.14	0.73	-0.32	-0.97	0.49	0.23	0.73	0.31	0.23	0.99	0.98	0.11	0.25	0.95	0.73	0.74	0.28		0.15	0.84	-0.55	-0.48
Net Receivables	0.16	0.4	-0.16	0.07	0.18	-0.34	-0.18	-0.25	0.65	0.24	-0.34	0.33	0.24	0.18	0.08	0.84	-0.05	0.24	0.06	-0.34	0.34	0.15		-0.18	0.4	0.1
Property Plant Equipment	0.5	-0.69	0.78	0.73	0.13	0.89	-0.3	-0.78	0.26	0.2	0.89	0.19	0.2	0.79	0.87	-0.15	0.27	0.79	0.73	0.9	0.22	0.84	-0.18		-0.69	-0.43
Other Liab	-0.43	1.0	-0.9	-0.8	0.04	-0.9	0.19	0.49	-0.24	-0.02	-0.9	-0.1	-0.02	-0.57	-0.58	0.28	-0.6	-0.53	-0.81	-0.89	-0.02	-0.55	0.4	-0.69		0.25
Inventory	0.16	0.25	-0.36	-0.38	0.4	-0.35	-0.28	0.37	-0.25	0.31	-0.35	0.16	0.31	-0.47	-0.46	-0.12	0.22	-0.28	-0.39	-0.36	0.3	-0.48	0.1	-0.43	0.25

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Futura Medical Account Relationship Matchups

Futura Medical fundamental ratios Accounts

	2019	2020	2021	2022	2023	2024 (projected)
Total Assets	4.9M	1.6M	11.8M	6.5M	11.8M	12.4M
Other Current Liab	2.2M	519.5K	815.0K	1.4M	5.3M	5.5M
Total Current Liabilities	4.8M	766.5K	2.1M	1.8M	6.3M	6.7M
Total Stockholder Equity	53.7K	853.5K	9.7M	4.7M	5.5M	4.3M
Property Plant And Equipment Net	59.5K	42.9K	442.7K	1.2M	2.5M	2.6M
Net Debt	(2.5M)	(1.0M)	(10.4M)	(4.0M)	(7.7M)	(7.3M)
Retained Earnings	(51.5M)	(53.8M)	(58.5M)	(63.7M)	(67.3M)	(64.0M)
Accounts Payable	2.6M	182.9K	981.4K	316.2K	1.0M	1.1M
Cash	2.5M	1.0M	10.4M	4.0M	7.7M	4.4M
Non Current Assets Total	59.5K	42.9K	442.7K	1.2M	2.5M	2.6M
Non Currrent Assets Other	63.5K	47.5K	59.5K	1.0	1.15	1.21
Cash And Short Term Investments	2.5M	1.0M	10.4M	4.0M	7.7M	4.4M
Common Stock Total Equity	241.4K	409.2K	409.3K	491.3K	564.9K	593.2K
Common Stock Shares Outstanding	204.7M	243.7M	271.0M	287.5M	301.4M	316.5M
Liabilities And Stockholders Equity	4.9M	1.6M	11.8M	6.5M	11.8M	12.4M
Non Current Liabilities Total	1.2M	2.6M	182.9K	981.4K	316.2K	0.0
Other Current Assets	41.2K	23.7K	71.7K	195.6K	1.6M	1.7M
Other Stockholder Equity	51.2M	52.8M	66.4M	67.7M	72.2M	75.8M
Total Liab	4.8M	766.5K	2.1M	1.8M	6.3M	6.7M
Property Plant And Equipment Gross	59.5K	42.9K	610.6K	1.3M	2.8M	2.9M
Total Current Assets	4.8M	1.6M	11.4M	5.3M	9.3M	5.2M
Accumulated Other Comprehensive Income	(91.0K)	(102.4K)	(123.1K)	165.9K	190.7K	200.3K
Common Stock	409.3K	491.3K	574.3K	576.1K	602.8K	633.0K
Net Receivables	2.3M	534.9K	915.9K	1.1M	92.5K	87.8K
Property Plant Equipment	47.5K	59.5K	42.9K	442.7K	509.1K	534.5K
Net Tangible Assets	8.9M	53.7K	853.5K	9.7M	8.8M	5.0M
Short Term Investments	8.2M	3.5M	372.9K	373.9K	336.5K	319.7K
Capital Surpluse	44.7M	50.0M	50.0M	52.8M	60.7M	53.2M
Net Invested Capital	53.7K	853.5K	9.7M	4.7M	5.5M	4.4M
Net Working Capital	(5.9K)	810.7K	9.3M	3.6M	3.0M	3.9M
Capital Stock	409.3K	491.3K	574.3K	576.1K	602.8K	561.5K

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Balance Sheet is a snapshot of the financial position of Futura Medical at a specified time, usually calculated after every quarter, six months, or one year. Futura Medical Balance Sheet has two main parts: assets and liabilities. Liabilities are the debts or obligations of Futura Medical and are divided into current liabilities and long term liabilities. An asset, on the other hand, is anything of value that can be converted into cash and which Futura currently owns. An asset can also be divided into two categories, current and non-current.

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Futura Non Current Liabilities Total vs Total Current Assets Analysis

Non Current Liabilities Total vs Total Current Assets

Non Current Liabilities Total vs Total Current Assets Correlation Analysis

Correlation Coefficient

Non Current Liabilities Total

Total Current Assets

Futura Medical fundamental ratios Correlations

Futura Medical Account Relationship Matchups

High Positive Relationship

High Negative Relationship

Futura Medical fundamental ratios Accounts

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Other Information on Investing in Futura Stock

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Other Liab	+ 1.0	Short Long Term Debt Total
Total Liab	+ 1.0	Total Current Liabilities
Non Current Assets Total	+ 1.0	Property Plant And Equipment Net
Property Plant And Equipment Gross	+ 1.0	Property Plant And Equipment Net
Cash And Short Term Investments	+ 1.0	Cash
Property Plant And Equipment Gross	+ 1.0	Non Current Assets Total

Other Stockholder Equity	- 0.98	Retained Earnings
Cash And Short Term Investments	- 0.98	Net Debt
Cash	- 0.98	Net Debt
Common Stock	- 0.97	Retained Earnings
Common Stock Shares Outstanding	- 0.97	Retained Earnings
Common Stock Total Equity	- 0.97	Retained Earnings