9F Total Assets vs Intangible Assets Analysis

JFU Stock  USD 1.37  0.04  3.01%   
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 Total Assets and its Intangible Assets 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.

Total Assets vs Intangible Assets

Total Assets vs Intangible Assets Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of 9F Inc Total Assets account and Intangible Assets. At this time, the significance of the direction appears to have almost identical trend.
The correlation between 9F's Total Assets and Intangible Assets is 0.93. Overlapping area represents the amount of variation of Total Assets that can explain the historical movement of Intangible Assets 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 Total Assets and Intangible 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 Total Assets of 9F Inc are associated (or correlated) with its Intangible Assets. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Intangible Assets has no effect on the direction of Total Assets i.e., 9F's Total Assets and Intangible Assets go up and down completely randomly.

Correlation Coefficient

0.93
Relationship DirectionPositive 
Relationship StrengthVery Strong

Total Assets

Total assets refers to the total amount of 9F 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 9F Inc 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.

Intangible Assets

Non-physical assets possessed by a company, such as patents, trademarks, and copyrights, which provide long-term value.
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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