Futura Other Liab vs Property Plant And Equipment Gross 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 Other Liab and its Property Plant And Equipment Gross 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.

Other Liab vs Property Plant And Equipment Gross

Other Liab vs Property Plant And Equipment Gross Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Futura Medical Other Liab account and Property Plant And Equipment Gross. At this time, the significance of the direction appears to have pay attention.
The correlation between Futura Medical's Other Liab and Property Plant And Equipment Gross is -0.89. Overlapping area represents the amount of variation of Other Liab that can explain the historical movement of Property Plant And Equipment Gross 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 Other Liab and Property Plant And Equipment Gross 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 Liab of Futura Medical are associated (or correlated) with its Property Plant And Equipment Gross. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Property Plant And Equipment Gross has no effect on the direction of Other Liab i.e., Futura Medical's Other Liab and Property Plant And Equipment Gross go up and down completely randomly.

Correlation Coefficient

-0.89
Relationship DirectionNegative 
Relationship StrengthSignificant

Other Liab

Property Plant And Equipment Gross

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

-0.430.470.480.850.47-0.96-0.540.290.90.470.30.90.50.44-0.020.670.680.460.470.910.510.160.5-0.430.16
-0.43-0.9-0.80.04-0.90.190.49-0.24-0.02-0.9-0.1-0.02-0.57-0.580.28-0.6-0.53-0.81-0.89-0.02-0.550.4-0.691.00.25
0.47-0.90.96-0.050.94-0.21-0.70.490.070.940.190.070.740.75-0.040.540.70.960.940.130.72-0.160.78-0.9-0.36
0.48-0.80.96-0.050.84-0.22-0.740.710.10.840.230.10.770.760.220.470.731.00.840.180.750.070.73-0.8-0.38
0.850.04-0.05-0.050.01-0.96-0.19-0.070.970.010.210.970.120.05-0.120.460.35-0.080.020.950.140.180.130.040.4
0.47-0.90.940.840.01-0.22-0.680.240.091.00.140.090.710.76-0.290.520.690.841.00.110.73-0.340.89-0.9-0.35
-0.960.19-0.21-0.22-0.96-0.220.36-0.15-0.98-0.22-0.25-0.98-0.31-0.230.03-0.56-0.52-0.2-0.22-0.97-0.32-0.18-0.30.19-0.28
-0.540.49-0.7-0.74-0.19-0.680.36-0.51-0.28-0.68-0.35-0.28-0.97-0.97-0.14-0.28-0.98-0.71-0.69-0.35-0.97-0.25-0.780.490.37
0.29-0.240.490.71-0.070.24-0.15-0.510.110.240.250.110.520.440.830.130.470.70.240.220.490.650.26-0.24-0.25
0.9-0.020.070.10.970.09-0.98-0.280.110.090.241.00.220.140.010.480.430.080.090.990.230.240.2-0.020.31
0.47-0.90.940.840.011.0-0.22-0.680.240.090.140.090.710.76-0.290.520.690.841.00.110.73-0.340.89-0.9-0.35
0.3-0.10.190.230.210.14-0.25-0.350.250.240.140.240.320.280.180.230.360.230.140.280.310.330.19-0.10.16
0.9-0.020.070.10.970.09-0.98-0.280.111.00.090.240.220.140.010.480.430.080.090.990.230.240.2-0.020.31
0.5-0.570.740.770.120.71-0.31-0.970.520.220.710.320.220.970.140.290.950.760.720.280.990.180.79-0.57-0.47
0.44-0.580.750.760.050.76-0.23-0.970.440.140.760.280.140.970.050.180.930.740.770.190.980.080.87-0.58-0.46
-0.020.28-0.040.22-0.12-0.290.03-0.140.830.01-0.290.180.010.140.05-0.250.080.23-0.290.10.110.84-0.150.28-0.12
0.67-0.60.540.470.460.52-0.56-0.280.130.480.520.230.480.290.18-0.250.40.460.510.50.25-0.050.27-0.60.22
0.68-0.530.70.730.350.69-0.52-0.980.470.430.690.360.430.950.930.080.40.70.70.490.950.240.79-0.53-0.28
0.46-0.810.961.0-0.080.84-0.2-0.710.70.080.840.230.080.760.740.230.460.70.840.160.730.060.73-0.81-0.39
0.47-0.890.940.840.021.0-0.22-0.690.240.091.00.140.090.720.77-0.290.510.70.840.120.74-0.340.9-0.89-0.36
0.91-0.020.130.180.950.11-0.97-0.350.220.990.110.280.990.280.190.10.50.490.160.120.280.340.22-0.020.3
0.51-0.550.720.750.140.73-0.32-0.970.490.230.730.310.230.990.980.110.250.950.730.740.280.150.84-0.55-0.48
0.160.4-0.160.070.18-0.34-0.18-0.250.650.24-0.340.330.240.180.080.84-0.050.240.06-0.340.340.15-0.180.40.1
0.5-0.690.780.730.130.89-0.3-0.780.260.20.890.190.20.790.87-0.150.270.790.730.90.220.84-0.18-0.69-0.43
-0.431.0-0.9-0.80.04-0.90.190.49-0.24-0.02-0.9-0.1-0.02-0.57-0.580.28-0.6-0.53-0.81-0.89-0.02-0.550.4-0.690.25
0.160.25-0.36-0.380.4-0.35-0.280.37-0.250.31-0.350.160.31-0.47-0.46-0.120.22-0.28-0.39-0.360.3-0.480.1-0.430.25
Click cells to compare fundamentals

Futura Medical Account Relationship Matchups

Futura Medical fundamental ratios Accounts

201920202021202220232024 (projected)
Total Assets4.9M1.6M11.8M6.5M11.8M12.4M
Other Current Liab2.2M519.5K815.0K1.4M5.3M5.5M
Total Current Liabilities4.8M766.5K2.1M1.8M6.3M6.7M
Total Stockholder Equity53.7K853.5K9.7M4.7M5.5M4.3M
Property Plant And Equipment Net59.5K42.9K442.7K1.2M2.5M2.6M
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 Payable2.6M182.9K981.4K316.2K1.0M1.1M
Cash2.5M1.0M10.4M4.0M7.7M4.4M
Non Current Assets Total59.5K42.9K442.7K1.2M2.5M2.6M
Non Currrent Assets Other63.5K47.5K59.5K1.01.151.21
Cash And Short Term Investments2.5M1.0M10.4M4.0M7.7M4.4M
Common Stock Total Equity241.4K409.2K409.3K491.3K564.9K593.2K
Common Stock Shares Outstanding204.7M243.7M271.0M287.5M301.4M316.5M
Liabilities And Stockholders Equity4.9M1.6M11.8M6.5M11.8M12.4M
Non Current Liabilities Total1.2M2.6M182.9K981.4K316.2K0.0
Other Current Assets41.2K23.7K71.7K195.6K1.6M1.7M
Other Stockholder Equity51.2M52.8M66.4M67.7M72.2M75.8M
Total Liab4.8M766.5K2.1M1.8M6.3M6.7M
Property Plant And Equipment Gross59.5K42.9K610.6K1.3M2.8M2.9M
Total Current Assets4.8M1.6M11.4M5.3M9.3M5.2M
Accumulated Other Comprehensive Income(91.0K)(102.4K)(123.1K)165.9K190.7K200.3K
Common Stock409.3K491.3K574.3K576.1K602.8K633.0K
Net Receivables2.3M534.9K915.9K1.1M92.5K87.8K
Property Plant Equipment47.5K59.5K42.9K442.7K509.1K534.5K
Net Tangible Assets8.9M53.7K853.5K9.7M8.8M5.0M
Short Term Investments8.2M3.5M372.9K373.9K336.5K319.7K
Capital Surpluse44.7M50.0M50.0M52.8M60.7M53.2M
Net Invested Capital53.7K853.5K9.7M4.7M5.5M4.4M
Net Working Capital(5.9K)810.7K9.3M3.6M3.0M3.9M
Capital Stock409.3K491.3K574.3K576.1K602.8K561.5K

Also Currently Popular

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.

Other Information on Investing in Futura Stock

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.