Financial Net Tangible Assets vs Intangible Assets Analysis

000402 Stock   3.51  0.03  0.86%   
Financial Street financial indicator trend analysis is much more than just examining Financial Street Holdings latest accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Financial Street Holdings is a good investment. Please check the relationship between Financial Street Net Tangible Assets and its Intangible Assets accounts. Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in Financial Street Holdings. 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.

Net Tangible Assets vs Intangible Assets

Net Tangible Assets vs Intangible Assets Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Financial Street Holdings Net Tangible Assets account and Intangible Assets. At this time, the significance of the direction appears to have significant contrarian relationship.
The correlation between Financial Street's Net Tangible Assets and Intangible Assets is -0.4. Overlapping area represents the amount of variation of Net Tangible Assets that can explain the historical movement of Intangible Assets in the same time period over historical financial statements of Financial Street Holdings, assuming nothing else is changed. The correlation between historical values of Financial Street's Net Tangible 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 Net Tangible Assets of Financial Street Holdings 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 Net Tangible Assets i.e., Financial Street's Net Tangible Assets and Intangible Assets go up and down completely randomly.

Correlation Coefficient

-0.4
Relationship DirectionNegative 
Relationship StrengthVery Weak

Net Tangible Assets

The total assets of a company minus any intangible assets such as patents, copyrights, and goodwill; it represents the physical assets of a company.

Intangible Assets

Non-physical assets possessed by a company, such as patents, trademarks, and copyrights, which provide long-term value.
Most indicators from Financial Street's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Financial Street Holdings 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 Trending Equities to better understand how to build diversified portfolios, which includes a position in Financial Street Holdings. 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.
The current year's Selling General Administrative is expected to grow to about 1.1 B, whereas Tax Provision is projected to grow to (399.8 M).
 2021 2022 2023 2024 (projected)
Minority Interest61.6M198.9M211.0M200.5M
Income Tax Expense1.1B439.5M505.5M798.8M

Financial Street fundamental ratios Correlations

0.98-0.360.990.860.81-0.430.981.00.670.770.90.860.07-0.630.440.710.710.11-0.260.79-0.480.71-0.720.67-0.72
0.98-0.220.980.890.8-0.310.970.960.780.820.890.820.17-0.730.350.610.690.04-0.320.73-0.470.65-0.680.58-0.66
-0.36-0.22-0.38-0.11-0.360.68-0.32-0.390.310.22-0.36-0.550.65-0.31-0.19-0.43-0.46-0.020.09-0.60.27-0.50.54-0.370.58
0.990.98-0.380.870.82-0.460.970.980.630.710.920.860.0-0.590.40.70.760.05-0.360.79-0.530.72-0.750.66-0.72
0.860.89-0.110.870.71-0.240.830.850.70.770.770.690.17-0.680.440.640.64-0.21-0.470.66-0.530.56-0.590.6-0.59
0.810.8-0.360.820.71-0.620.760.810.50.560.790.95-0.03-0.580.00.710.86-0.05-0.390.9-0.60.92-0.90.72-0.87
-0.43-0.310.68-0.46-0.24-0.62-0.33-0.460.260.1-0.54-0.620.7-0.23-0.05-0.65-0.740.00.35-0.740.45-0.860.78-0.670.74
0.980.97-0.320.970.830.76-0.330.980.70.820.850.840.18-0.670.450.660.630.13-0.240.7-0.450.63-0.620.63-0.61
1.00.96-0.390.980.850.81-0.460.980.630.750.90.870.04-0.60.470.730.710.13-0.250.79-0.490.72-0.720.69-0.72
0.670.780.310.630.70.50.260.70.630.920.540.450.66-0.960.110.150.280.02-0.090.3-0.130.23-0.250.14-0.27
0.770.820.220.710.770.560.10.820.750.920.620.540.61-0.90.340.410.350.08-0.140.37-0.260.34-0.310.41-0.3
0.90.89-0.360.920.770.79-0.540.850.90.540.620.79-0.01-0.520.380.710.690.13-0.230.77-0.390.76-0.810.6-0.79
0.860.82-0.550.860.690.95-0.620.840.870.450.540.79-0.07-0.510.130.740.820.0-0.330.9-0.590.88-0.860.74-0.84
0.070.170.650.00.17-0.030.70.180.040.660.61-0.01-0.07-0.730.03-0.18-0.40.060.28-0.320.28-0.310.33-0.220.27
-0.63-0.73-0.31-0.59-0.68-0.58-0.23-0.67-0.6-0.96-0.9-0.52-0.51-0.73-0.06-0.24-0.270.00.08-0.330.17-0.290.31-0.220.32
0.440.35-0.190.40.440.0-0.050.450.470.110.340.380.130.03-0.060.51-0.060.250.170.18-0.04-0.02-0.030.35-0.12
0.710.61-0.430.70.640.71-0.650.660.730.150.410.710.74-0.18-0.240.510.670.19-0.330.72-0.70.74-0.740.95-0.64
0.710.69-0.460.760.640.86-0.740.630.710.280.350.690.82-0.4-0.27-0.060.67-0.12-0.660.85-0.80.89-0.890.76-0.74
0.110.04-0.020.05-0.21-0.050.00.130.130.020.080.130.00.060.00.250.19-0.120.60.00.04-0.04-0.030.10.04
-0.26-0.320.09-0.36-0.47-0.390.35-0.24-0.25-0.09-0.14-0.23-0.330.280.080.17-0.33-0.660.6-0.260.73-0.410.37-0.50.15
0.790.73-0.60.790.660.9-0.740.70.790.30.370.770.9-0.32-0.330.180.720.850.0-0.26-0.530.89-0.930.68-0.95
-0.48-0.470.27-0.53-0.53-0.60.45-0.45-0.49-0.13-0.26-0.39-0.590.280.17-0.04-0.7-0.80.040.73-0.53-0.560.62-0.820.33
0.710.65-0.50.720.560.92-0.860.630.720.230.340.760.88-0.31-0.29-0.020.740.89-0.04-0.410.89-0.56-0.930.76-0.89
-0.72-0.680.54-0.75-0.59-0.90.78-0.62-0.72-0.25-0.31-0.81-0.860.330.31-0.03-0.74-0.89-0.030.37-0.930.62-0.93-0.710.91
0.670.58-0.370.660.60.72-0.670.630.690.140.410.60.74-0.22-0.220.350.950.760.1-0.50.68-0.820.76-0.71-0.54
-0.72-0.660.58-0.72-0.59-0.870.74-0.61-0.72-0.27-0.3-0.79-0.840.270.32-0.12-0.64-0.740.040.15-0.950.33-0.890.91-0.54
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Financial Street Account Relationship Matchups

Financial Street fundamental ratios Accounts

201920202021202220232024 (projected)
Total Assets162.0B169.2B164.8B153.0B144.4B80.2B
Total Stockholder Equity34.7B36.4B37.1B37.9B35.9B20.3B
Other Liab4.1B4.8B3.8B4.0B4.6B6.0B
Retained Earnings24.1B25.7B26.5B27.3B23.8B12.1B
Cash11.0B18.8B17.9B16.9B13.8B9.4B
Other Assets42.3B43.9B41.2B42.2B48.5B50.9B
Inventory80.0B82.0B84.3B74.3B69.2B40.9B
Total Liab123.0B129.4B122.2B110.6B104.2B57.7B
Property Plant Equipment3.3B3.4B3.8B2.7B3.1B2.3B
Accounts Payable9.2B7.7B9.6B8.7B6.8B4.1B
Long Term Debt68.8B72.7B67.5B64.6B70.6B74.1B
Intangible Assets558.0M538.7M563.4M386.9M370.1M622.8M
Other Current Liab20.4B25.2B25.3B15.8B1.2B1.1B
Total Current Liabilities50.1B51.9B50.8B42.0B29.5B42.9B
Net Tangible Assets34.2B35.9B36.6B37.5B43.2B35.2B
Net Receivables11.2B431.5M721.8M908.1M490.8M466.2M
Other Current Assets8.2B3.6B3.6B3.0B2.9B4.5B
Other Stockholder Equity770.6M766.1M746.9M747.4M859.6M724.9M
Deferred Long Term Liab4.4M2.7M752.5K291.9K262.7K249.6K
Short Long Term Debt3.0B50M2.5B20M30M28.5M
Total Current Assets110.6B116.4B114.5B102.6B93.7B107.7B
Non Current Assets Total51.4B52.8B50.3B50.4B50.6B51.7B
Non Currrent Assets Other685.3M333.1M262.5M248.4M200.3M324.7M
Non Current Liabilities Total72.9B77.5B71.4B68.7B74.7B75.5B
Net Debt57.8B56.4B49.6B47.7B56.8B42.9B
Net Invested Capital103.6B111.6B104.6B102.6B106.5B113.3B
Net Working Capital60.4B64.5B63.7B60.6B64.2B67.3B

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Other Information on Investing in Financial Stock

Balance Sheet is a snapshot of the financial position of Financial Street Holdings at a specified time, usually calculated after every quarter, six months, or one year. Financial Street Balance Sheet has two main parts: assets and liabilities. Liabilities are the debts or obligations of Financial Street 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 Financial currently owns. An asset can also be divided into two categories, current and non-current.