Futura Short Long Term Debt Total vs Other Stockholder Equity Analysis
FUM Stock | 33.67 0.75 2.28% |
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 Short Long Term Debt Total and its Other Stockholder Equity 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.
Short Long Term Debt Total vs Other Stockholder Equity
Short Long Term Debt Total vs Other Stockholder Equity Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Futura Medical Short Long Term Debt Total account and Other Stockholder Equity. At this time, the significance of the direction appears to have strong contrarian relationship.
The correlation between Futura Medical's Short Long Term Debt Total and Other Stockholder Equity is -0.53. Overlapping area represents the amount of variation of Short Long Term Debt Total that can explain the historical movement of Other Stockholder Equity 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 Short Long Term Debt Total and Other Stockholder Equity is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Short Long Term Debt Total of Futura Medical are associated (or correlated) with its Other Stockholder Equity. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Other Stockholder Equity has no effect on the direction of Short Long Term Debt Total i.e., Futura Medical's Short Long Term Debt Total and Other Stockholder Equity go up and down completely randomly.
Correlation Coefficient | -0.53 |
Relationship Direction | Negative |
Relationship Strength | Very Weak |
Short Long Term Debt Total
Other Stockholder Equity
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
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Futura Medical Account Relationship Matchups
High Positive Relationship
High Negative Relationship
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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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.