FGAA-U Financial Statements From 2010 to 2024

FGAA-U Stock   11.78  0.00  0.00%   
FG Acquisition financial statements provide useful quarterly and yearly information to potential FG Acquisition Corp investors about the company's current and past financial position, as well as its overall management performance and changes in financial position over time. Historical trend examination of various income statement and balance sheet accounts found on FG Acquisition financial statements helps investors assess FG Acquisition's valuation, profitability, and current liquidity needs. Key fundamental drivers impacting FG Acquisition's valuation are summarized below:
Gross Profit
1.7 M
Market Capitalization
34.2 M
Revenue
2.6 M
Earnings Share
(3.39)
Quarterly Revenue Growth
0.573
FG Acquisition Corp does not at this moment have any fundamental measures for analysis.
Check FG Acquisition financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among FG Acquisition's main balance sheet or income statement drivers, such as Net Interest Income of 2.9 M, Interest Income of 2.9 M or Selling General Administrative of 8.6 M, as well as many indicators such as . FGAA-U financial statements analysis is a perfect complement when working with FG Acquisition Valuation or Volatility modules.
  
This module can also supplement various FG Acquisition Technical models . Check out Investing Opportunities to better understand how to build diversified portfolios. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in board of governors.

FG Acquisition Balance Sheet

Current ValueLast YearHistorical Average 10 Year Trend
Total Assets142.6 M135.8 M26.4 M
Slightly volatile
Other Current Liabilities5.4 M5.1 MM
Slightly volatile
Total Current Liabilities5.4 M5.2 MM
Slightly volatile
Accounts Payable30.6 K29.2 K5.8 K
Slightly volatile
Cash821.5 K782.4 K152.3 K
Slightly volatile
Common Stock Shares Outstanding11.5 M12.9 M14.1 M
Slightly volatile
Other Current Assets141.1 M134.4 M26.2 M
Slightly volatile
Total Liabilities158.8 M151.3 M29.5 M
Slightly volatile
Total Current Assets142.3 M135.5 M26.4 M
Slightly volatile
Capital Stock28.4 K27 K5.3 K
Slightly volatile
Common Stock28.4 K27 K5.3 K
Slightly volatile
Other Liabilities101.6 M114.3 M124.5 M
Slightly volatile
Other Assets178.4 K200.7 K218.6 K
Slightly volatile

FG Acquisition Income Statement

Current ValueLast YearHistorical Average 10 Year Trend
Net Interest Income2.9 M3.6 M1.9 M
Slightly volatile
Interest Income2.9 M3.6 M1.9 M
Slightly volatile
Selling General Administrative8.6 M7.9 M7.7 M
Slightly volatile
Total Operating Expenses3.9 M2.1 MM
Slightly volatile

FG Acquisition Cash Flow Statement

Current ValueLast YearHistorical Average 10 Year Trend
Other Cashflows From Financing Activities1.2 M1.4 M1.5 M
Slightly volatile
Total Cash From Operating ActivitiesM5.7 M1.5 M
Slightly volatile
End Period Cash Flow385.8 K371.9 K95.9 K
Slightly volatile
Change To Netincome11.8 M13.3 M14.5 M
Slightly volatile
Change To Liabilities9891.2 K797
Slightly volatile
Free Cash Flow3.6 M5.7 M1.3 M
Slightly volatile
Begin Period Cash Flow407.1 K740.1 K76.5 K
Slightly volatile
Other Non Cash Items10.1 M10.4 M14.2 M
Slightly volatile

About FG Acquisition Financial Statements

FG Acquisition stakeholders use historical fundamental indicators, such as FG Acquisition's revenue or net income, to determine how well the company is positioned to perform in the future. Although FG Acquisition investors may analyze each financial statement separately, they are all interrelated. For example, changes in FG Acquisition's assets and liabilities are reflected in the revenues and expenses on FG Acquisition's income statement, which ultimately affect the company's gains or losses. Understanding these patterns can help in making the right long-term investment decisions in FG Acquisition Corp. Please read more on our technical analysis and fundamental analysis pages.
Last ReportedProjected for Next Year

Pair Trading with FG Acquisition

One of the main advantages of trading using pair correlations is that every trade hedges away some risk. Because there are two separate transactions required, even if FG Acquisition position performs unexpectedly, the other equity can make up some of the losses. Pair trading also minimizes risk from directional movements in the market. For example, if an entire industry or sector drops because of unexpected headlines, the short position in FG Acquisition will appreciate offsetting losses from the drop in the long position's value.

Moving together with FGAA-U Stock

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Moving against FGAA-U Stock

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  0.49TKU Tarku ResourcesPairCorr
The ability to find closely correlated positions to FG Acquisition could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace FG Acquisition when you sell it. If you don't do this, your portfolio allocation will be skewed against your target asset allocation. So, investors can't just sell and buy back FG Acquisition - that would be a violation of the tax code under the "wash sale" rule, and this is why you need to find a similar enough asset and use the proceeds from selling FG Acquisition Corp to buy it.
The correlation of FG Acquisition is a statistical measure of how it moves in relation to other instruments. This measure is expressed in what is known as the correlation coefficient, which ranges between -1 and +1. A perfect positive correlation (i.e., a correlation coefficient of +1) implies that as FG Acquisition moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if FG Acquisition Corp moves in either direction, the perfectly negatively correlated security will move in the opposite direction. If the correlation is 0, the equities are not correlated; they are entirely random. A correlation greater than 0.8 is generally described as strong, whereas a correlation less than 0.5 is generally considered weak.
Correlation analysis and pair trading evaluation for FG Acquisition can also be used as hedging techniques within a particular sector or industry or even over random equities to generate a better risk-adjusted return on your portfolios.
Pair CorrelationCorrelation Matching

Other Information on Investing in FGAA-U Stock

FG Acquisition financial ratios help investors to determine whether FGAA-U Stock is cheap or expensive when compared to a particular measure, such as profits or enterprise value. In other words, they help investors to determine the cost of investment in FGAA-U with respect to the benefits of owning FG Acquisition security.