Full Other Current Assets vs Total Current Liabilities Analysis

YMM Stock  USD 9.70  0.14  1.42%   
Full Truck financial indicator trend analysis is much more than just examining Full Truck Alliance latest accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Full Truck Alliance is a good investment. Please check the relationship between Full Truck Other Current Assets and its Total Current Liabilities accounts. Check out Your Current Watchlist to better understand how to build diversified portfolios, which includes a position in Full Truck Alliance. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in population.

Other Current Assets vs Total Current Liabilities

Other Current Assets vs Total Current Liabilities Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Full Truck Alliance Other Current Assets account and Total Current Liabilities. At this time, the significance of the direction appears to have very strong relationship.
The correlation between Full Truck's Other Current Assets and Total Current Liabilities is 0.86. Overlapping area represents the amount of variation of Other Current Assets that can explain the historical movement of Total Current Liabilities in the same time period over historical financial statements of Full Truck Alliance, assuming nothing else is changed. The correlation between historical values of Full Truck's Other Current Assets and Total Current Liabilities 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 Current Assets of Full Truck Alliance are associated (or correlated) with its Total Current Liabilities. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Total Current Liabilities has no effect on the direction of Other Current Assets i.e., Full Truck's Other Current Assets and Total Current Liabilities go up and down completely randomly.

Correlation Coefficient

0.86
Relationship DirectionPositive 
Relationship StrengthStrong

Other Current Assets

Assets expected to be converted into cash, sold, or consumed either in one year or in the operating cycle, which are not included under standard current asset categories.

Total Current Liabilities

Total Current Liabilities is an item on Full Truck balance sheet that include short term debt, accounts payable, accrued salaries payable, payroll taxes payable, accrued liabilities and other debts. Total Current Liabilities of Full Truck Alliance are important to investors because some useful performance ratios such as Current Ratio and Quick Ratio require Total Current Liabilities to be accurate. The total amount of liabilities that a company is expected to pay within one year, including debts, accounts payable, and other short-term financial obligations.
Most indicators from Full Truck's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Full Truck Alliance 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 Your Current Watchlist to better understand how to build diversified portfolios, which includes a position in Full Truck Alliance. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in population.
At this time, Full Truck's Tax Provision is very stable compared to the past year. As of the 22nd of November 2024, Enterprise Value Over EBITDA is likely to grow to 44.38, while Selling General Administrative is likely to drop about 890.8 M.
 2021 2022 2023 2024 (projected)
Interest Income260.1M439.3M1.1B1.2B
Net Interest Income234.6M483.5M1.1B1.2B

Full Truck fundamental ratios Correlations

-0.910.990.841.00.70.950.90.97-0.59-0.950.950.530.710.44-0.840.92-0.630.930.96-0.560.870.890.960.240.98
-0.91-0.94-0.57-0.92-0.52-0.77-0.71-0.950.790.95-0.95-0.74-0.51-0.30.6-0.940.75-0.76-0.950.57-0.82-0.65-0.81-0.02-0.87
0.99-0.940.80.990.680.910.90.99-0.69-0.940.940.630.730.48-0.760.9-0.70.930.99-0.530.820.860.930.250.98
0.84-0.570.80.830.880.920.890.74-0.22-0.690.690.140.870.6-0.920.62-0.460.940.74-0.480.650.950.890.550.86
1.0-0.920.990.830.690.940.890.97-0.61-0.960.960.540.70.43-0.830.93-0.640.920.96-0.570.870.880.960.220.98
0.7-0.520.680.880.690.810.650.6-0.24-0.580.620.170.780.7-0.760.51-0.710.850.64-0.710.520.750.730.630.66
0.95-0.770.910.920.940.810.860.85-0.39-0.890.90.310.70.5-0.920.85-0.540.930.83-0.650.860.920.950.370.92
0.9-0.710.90.890.890.650.860.88-0.5-0.740.730.460.880.58-0.770.69-0.440.940.87-0.220.630.980.880.450.96
0.97-0.950.990.740.970.60.850.88-0.74-0.920.920.690.710.43-0.70.89-0.690.890.99-0.450.780.820.90.190.97
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-0.950.95-0.94-0.69-0.96-0.58-0.89-0.74-0.920.58-1.0-0.51-0.48-0.230.78-0.990.61-0.79-0.890.68-0.96-0.72-0.910.0-0.9
0.95-0.950.940.690.960.620.90.730.92-0.61-1.00.540.480.28-0.770.99-0.660.80.89-0.710.940.720.890.050.89
0.53-0.740.630.140.540.170.310.460.69-0.99-0.510.540.390.460.020.51-0.710.470.71-0.110.260.340.30.180.53
0.71-0.510.730.870.70.780.70.880.71-0.41-0.480.480.390.77-0.630.39-0.560.90.75-0.180.320.880.710.690.78
0.44-0.30.480.60.430.70.50.580.43-0.49-0.230.280.460.77-0.260.17-0.610.690.48-0.210.040.650.320.950.48
-0.840.6-0.76-0.92-0.83-0.76-0.92-0.77-0.70.070.78-0.770.02-0.63-0.26-0.740.33-0.81-0.680.61-0.84-0.83-0.94-0.21-0.81
0.92-0.940.90.620.930.510.850.690.89-0.58-0.990.990.510.390.17-0.74-0.570.730.85-0.670.960.660.87-0.060.86
-0.630.75-0.7-0.46-0.64-0.71-0.54-0.44-0.690.750.61-0.66-0.71-0.56-0.610.33-0.57-0.67-0.750.65-0.41-0.45-0.51-0.37-0.56
0.93-0.760.930.940.920.850.930.940.89-0.53-0.790.80.470.90.69-0.810.73-0.670.9-0.490.670.960.90.550.94
0.96-0.950.990.740.960.640.830.870.99-0.75-0.890.890.710.750.48-0.680.85-0.750.9-0.460.740.820.880.240.95
-0.560.57-0.53-0.48-0.57-0.71-0.65-0.22-0.450.20.68-0.71-0.11-0.18-0.210.61-0.670.65-0.49-0.46-0.72-0.33-0.57-0.08-0.42
0.87-0.820.820.650.870.520.860.630.78-0.34-0.960.940.260.320.04-0.840.96-0.410.670.74-0.720.640.88-0.130.8
0.89-0.650.860.950.880.750.920.980.82-0.4-0.720.720.340.880.65-0.830.66-0.450.960.82-0.330.640.880.560.93
0.96-0.810.930.890.960.730.950.880.9-0.37-0.910.890.30.710.32-0.940.87-0.510.90.88-0.570.880.880.170.95
0.24-0.020.250.550.220.630.370.450.19-0.20.00.050.180.690.95-0.21-0.06-0.370.550.24-0.08-0.130.560.170.29
0.98-0.870.980.860.980.660.920.960.97-0.59-0.90.890.530.780.48-0.810.86-0.560.940.95-0.420.80.930.950.29
Click cells to compare fundamentals

Full Truck Account Relationship Matchups

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When determining whether Full Truck Alliance is a strong investment it is important to analyze Full Truck's competitive position within its industry, examining market share, product or service uniqueness, and competitive advantages. Beyond financials and market position, potential investors should also consider broader economic conditions, industry trends, and any regulatory or geopolitical factors that may impact Full Truck's future performance. For an informed investment choice regarding Full Stock, refer to the following important reports:
Check out Your Current Watchlist to better understand how to build diversified portfolios, which includes a position in Full Truck Alliance. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in population.
You can also try the Portfolio Analyzer module to portfolio analysis module that provides access to portfolio diagnostics and optimization engine.
Is Application Software space expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of Full Truck. If investors know Full will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about Full Truck listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Quarterly Earnings Growth
0.384
Earnings Share
0.39
Revenue Per Share
9.282
Quarterly Revenue Growth
0.341
Return On Assets
0.0232
The market value of Full Truck Alliance is measured differently than its book value, which is the value of Full that is recorded on the company's balance sheet. Investors also form their own opinion of Full Truck's value that differs from its market value or its book value, called intrinsic value, which is Full Truck's true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because Full Truck's market value can be influenced by many factors that don't directly affect Full Truck's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between Full Truck's value and its price as these two are different measures arrived at by different means. Investors typically determine if Full Truck is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Full Truck's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.