9F Good Will vs Current Deferred Revenue Analysis

JFU Stock  USD 1.43  0.06  4.38%   
9F financial indicator trend analysis is way more than just evaluating 9F Inc prevailing accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether 9F Inc is a good investment. Please check the relationship between 9F Good Will and its Current Deferred Revenue accounts. Check out Risk vs Return Analysis to better understand how to build diversified portfolios, which includes a position in 9F Inc. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in census.

Good Will vs Current Deferred Revenue

Good Will vs Current Deferred Revenue Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of 9F Inc Good Will account and Current Deferred Revenue. At this time, the significance of the direction appears to have very strong relationship.
The correlation between 9F's Good Will and Current Deferred Revenue is 0.8. Overlapping area represents the amount of variation of Good Will that can explain the historical movement of Current Deferred Revenue in the same time period over historical financial statements of 9F Inc, assuming nothing else is changed. The correlation between historical values of 9F's Good Will and Current Deferred Revenue is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Good Will of 9F Inc are associated (or correlated) with its Current Deferred Revenue. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Current Deferred Revenue has no effect on the direction of Good Will i.e., 9F's Good Will and Current Deferred Revenue go up and down completely randomly.

Correlation Coefficient

0.8
Relationship DirectionPositive 
Relationship StrengthStrong

Good Will

An intangible asset that arises when a company acquires another business for more than the fair market value of its net identifiable assets, representing the value of the brand, customer base, and other intangible factors.

Current Deferred Revenue

Revenue that has been collected but not yet earned, typically from prepaid service contracts or subscriptions. This amount is considered a liability until the service is provided or the subscription period ends.
Most indicators from 9F's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into 9F Inc 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 Risk vs Return Analysis to better understand how to build diversified portfolios, which includes a position in 9F Inc. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in census.
At this time, 9F's Enterprise Value Over EBITDA is comparatively stable compared to the past year. Enterprise Value Multiple is likely to gain to 14.21 in 2024, whereas Tax Provision is likely to drop slightly above 7.4 M in 2024.
 2021 2022 2023 2024 (projected)
Interest Income47.5M47.6M97.7M83.3M
Net Interest Income47.5M47.6M97.7M81.6M

9F fundamental ratios Correlations

-0.19-0.030.650.950.540.920.810.72-0.970.060.310.980.89-0.110.60.970.630.58-0.10.50.640.590.20.640.69
-0.190.290.29-0.440.3-0.5-0.540.17-0.010.87-0.62-0.05-0.530.840.01-0.050.33-0.29-0.590.67-0.78-0.3-0.71-0.810.53
-0.030.290.03-0.070.27-0.020.040.21-0.010.26-0.870.040.010.50.210.070.44-0.070.050.24-0.27-0.63-0.82-0.270.14
0.650.290.030.430.940.340.580.96-0.710.570.050.680.430.00.890.590.820.76-0.750.450.050.64-0.260.030.9
0.95-0.44-0.070.430.330.990.840.54-0.87-0.220.410.910.95-0.270.460.910.430.50.150.30.80.530.380.820.44
0.540.30.270.940.330.250.570.96-0.590.62-0.170.560.370.070.960.470.90.76-0.770.38-0.080.45-0.47-0.10.82
0.92-0.5-0.020.340.990.250.830.47-0.82-0.310.380.860.96-0.270.390.880.360.440.270.250.850.450.390.860.35
0.81-0.540.040.580.840.570.830.71-0.69-0.220.350.730.92-0.50.750.680.520.79-0.05-0.030.710.580.220.710.38
0.720.170.210.960.540.960.470.71-0.750.48-0.050.730.57-0.010.960.650.880.8-0.630.410.150.55-0.310.130.85
-0.97-0.01-0.01-0.71-0.87-0.59-0.82-0.69-0.75-0.25-0.23-0.99-0.76-0.04-0.59-0.98-0.72-0.550.21-0.65-0.5-0.57-0.07-0.49-0.8
0.060.870.260.57-0.220.62-0.31-0.220.48-0.25-0.490.19-0.290.680.380.130.660.09-0.830.71-0.69-0.01-0.7-0.710.73
0.31-0.62-0.870.050.41-0.170.380.35-0.05-0.23-0.490.220.34-0.76-0.020.18-0.260.360.13-0.310.630.770.910.64-0.12
0.98-0.050.040.680.910.560.860.730.73-0.990.190.220.80.020.590.990.690.53-0.170.620.520.540.090.530.77
0.89-0.530.010.430.950.370.960.920.57-0.76-0.290.340.8-0.340.540.810.410.540.170.140.830.470.320.820.36
-0.110.840.50.0-0.270.07-0.27-0.5-0.01-0.040.68-0.760.02-0.34-0.190.080.25-0.57-0.230.75-0.62-0.61-0.69-0.630.37
0.60.010.210.890.460.960.390.750.96-0.590.38-0.020.590.54-0.190.490.840.88-0.620.170.140.55-0.290.130.69
0.97-0.050.070.590.910.470.880.680.65-0.980.130.180.990.810.080.490.630.42-0.050.650.560.450.10.570.72
0.630.330.440.820.430.90.360.520.88-0.720.66-0.260.690.410.250.840.630.64-0.610.6-0.050.32-0.54-0.070.86
0.58-0.29-0.070.760.50.760.440.790.8-0.550.090.360.530.54-0.570.880.420.64-0.43-0.080.370.780.060.360.48
-0.1-0.590.05-0.750.15-0.770.27-0.05-0.630.21-0.830.13-0.170.17-0.23-0.62-0.05-0.61-0.43-0.350.54-0.370.440.56-0.68
0.50.670.240.450.30.380.25-0.030.41-0.650.71-0.310.620.140.750.170.650.6-0.08-0.35-0.180.0-0.39-0.20.8
0.64-0.78-0.270.050.8-0.080.850.710.15-0.5-0.690.630.520.83-0.620.140.56-0.050.370.54-0.180.470.680.99-0.06
0.59-0.3-0.630.640.530.450.450.580.55-0.57-0.010.770.540.47-0.610.550.450.320.78-0.370.00.470.520.470.43
0.2-0.71-0.82-0.260.38-0.470.390.22-0.31-0.07-0.70.910.090.32-0.69-0.290.1-0.540.060.44-0.390.680.520.7-0.37
0.64-0.81-0.270.030.82-0.10.860.710.13-0.49-0.710.640.530.82-0.630.130.57-0.070.360.56-0.20.990.470.7-0.08
0.690.530.140.90.440.820.350.380.85-0.80.73-0.120.770.360.370.690.720.860.48-0.680.8-0.060.43-0.37-0.08
Click cells to compare fundamentals

9F Account Relationship Matchups

9F fundamental ratios Accounts

201920202021202220232024 (projected)
Total Assets8.9B5.4B5.0B4.3B4.0B4.5B
Short Long Term Debt Total125.4M29.5M17.9M8.3M14.7M14.0M
Other Current Liab96.9M(422.2M)(287.7M)102.3M99.7M104.6M
Total Current Liabilities2.4B1.1B834.0M584.2M446.0M423.7M
Total Stockholder Equity6.3B4.2B4.1B3.7B3.5B4.5B
Other Liab445.2M933.0M163.7M78.7M70.8M67.3M
Net Tangible Assets6.2B6.1B4.1B4.1B4.7B4.6B
Property Plant And Equipment Net232.2M92.1M62.1M78.0M79.9M97.0M
Current Deferred Revenue788.9M82.6M47.0M9.0M5.3M5.1M
Net Debt(4.6B)(2.7B)(2.4B)(2.4B)(1.7B)(1.8B)
Retained Earnings488.2M(1.8B)(2.1B)(2.7B)(2.8B)(2.7B)
Accounts Payable125.4M405.7M273.8M153.7M43.0M40.8M
Cash4.7B2.7B2.4B2.4B1.7B2.4B
Non Current Assets Total1.7B896.9M848.9M668.1M1.2B1.0B
Other Assets560.5M37.0M22.3M(1K)2.2M2.0M
Cash And Short Term Investments4.7B2.9B2.7B2.9B2.5B2.8B
Net Receivables1.3B51.2M83.8M354.6M101.8M96.7M
Good Will13.4M72.2M22.1M22.1M24.7M0.0
Common Stock Shares Outstanding8.7M9.9M10.7M11.7M11.8M11.3M
Short Term Investments24M133.8M253.1M433.1M775.8M433.6M
Liabilities And Stockholders Equity8.9B5.4B5.0B4.3B4.0B4.5B
Non Current Liabilities Total142.6M38.8M25.6M15.4M20.8M19.7M
Capital Surpluse2.5B3.0B5.2B5.5B6.4B3.7B
Capital Lease Obligations125.4M29.5M17.9M8.3M14.7M26.9M
Inventory1.2B1.1B1.0B419.9M(63.7M)(60.6M)
Other Current Assets56.5M1.2B1.1B421.5M360.0M440.9M
Other Stockholder Equity5.2B5.5B5.8B5.8B5.7B4.7B
Total Liab2.6B1.2B859.7M599.6M466.7M443.4M
Long Term Investments775.6M738.3M727.4M530.2M1.1B750.1M
Property Plant And Equipment Gross232.2M92.1M189.7M197M204.2M136.1M
Total Current Assets7.2B4.5B4.2B3.6B2.9B3.8B
Accumulated Other Comprehensive Income551.2M459.4M411.4M556.5M630.5M466.5M
Short Term Debt1.4B592.5M480.0M395.6M356.0M678.4M
Intangible Assets73.5M44.4M37.3M35.1M29.5M32.8M
Property Plant Equipment86.3M232.2M92.1M62.1M71.4M100.3M
Net Invested Capital6.3B4.2B4.1B3.7B3.5B3.6B
Net Working Capital5.6B3.4B3.4B3.1B2.4B3.3B

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Additional Tools for 9F Stock Analysis

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